Pub Date : 2024-03-19DOI: 10.1177/09721509241230811
Irshad Ahmad Para, Tosib Alam
This article shows the relationship between health outcomes and economic growth for the period of 2002–2020 among the northern states of India. By using pooled ordinary least squares, fixed effect and random effect model, the study examines the impact of infant mortality, birth rate and death rate on gross state domestic product per capita at a constant price. The study takes gross capital formation and gross enrolment ratio as control variables. Data from the Reserve Bank of India and EPWRF states of India were retrieved and used in the study. The result shows that health outcomes and economic growth have a relatively substantial and significant association with each other. The results demonstrate that economic growth increases by 1% with a decrease in infant mortality rate by its elasticity coefficient –0.32. The results show that economic growth will increase by 1% with the increase in birth rate, gross enrolment ratio and gross fixed capital formation by its slope coefficients, that is, 0.10, 0.32 and 1.78 which are statistically significant at 1%, 5% and 1% level of significance. The finding of the study demonstrates that health outcomes remain a vital determinant in improving economic growth among the northern states. Our results advocate that the government spending on health should be improved; moreover, the government should frame health policies to boost health outcomes to level the disparities in health outcomes among the northern states of India.
{"title":"Dynamics of Economic Growth and Health Outcomes Among the Northern States of India: A Panel Data Analysis","authors":"Irshad Ahmad Para, Tosib Alam","doi":"10.1177/09721509241230811","DOIUrl":"https://doi.org/10.1177/09721509241230811","url":null,"abstract":"This article shows the relationship between health outcomes and economic growth for the period of 2002–2020 among the northern states of India. By using pooled ordinary least squares, fixed effect and random effect model, the study examines the impact of infant mortality, birth rate and death rate on gross state domestic product per capita at a constant price. The study takes gross capital formation and gross enrolment ratio as control variables. Data from the Reserve Bank of India and EPWRF states of India were retrieved and used in the study. The result shows that health outcomes and economic growth have a relatively substantial and significant association with each other. The results demonstrate that economic growth increases by 1% with a decrease in infant mortality rate by its elasticity coefficient –0.32. The results show that economic growth will increase by 1% with the increase in birth rate, gross enrolment ratio and gross fixed capital formation by its slope coefficients, that is, 0.10, 0.32 and 1.78 which are statistically significant at 1%, 5% and 1% level of significance. The finding of the study demonstrates that health outcomes remain a vital determinant in improving economic growth among the northern states. Our results advocate that the government spending on health should be improved; moreover, the government should frame health policies to boost health outcomes to level the disparities in health outcomes among the northern states of India.","PeriodicalId":47569,"journal":{"name":"Global Business Review","volume":null,"pages":null},"PeriodicalIF":2.4,"publicationDate":"2024-03-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140169526","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Mergers and acquisitions have been important means of company expansion, restructuring, and diversification. In mergers and acquisitions, Indian banks play a critical role. The study aimed to discover, determine, and create an empirical model that evaluates the interdependence and interaction of enablers. Through literature and unstructured interviews, 10 enablers influencing Indian banks’ financing decisions for merger and acquisition transactions were identified. Total interpretive structural modelling (TISM) and the Matrice d’Impacts Croisés Multiplication Appliqués à un Classement (MICMAC) technique establish the relationship between identified enablers. Governance and regulatory framework, political stability, and economic stability are major independent enablers for financing mergers and acquisitions. Transparency and disclosure, infrastructure, technical skills, and information communication technology act as linkage enablers for the participation of banks in merger and acquisition transactions. The study makes a novel contribution by identifying enablers through a literature search and ‘experts’ opinions. The TISM model determines the priority of the enablers by displaying hierarchical interconnection and dependency. This study reviews the literature to generalize the findings and focus on significant drivers for increased investment. To encourage merger and acquisition activity, practitioners must focus on elements with significant driving power. It will assist the practitioners, managers, and authorities in prioritizing their efforts.
并购一直是公司扩张、重组和多元化的重要手段。在并购中，印度银行发挥着至关重要的作用。本研究旨在发现、确定和创建一个实证模型，以评估各推动因素之间的相互依存和相互作用。通过文献和非结构化访谈，确定了影响印度银行并购交易融资决策的 10 个有利因素。总体解释性结构建模（TISM）和 MICMAC（Matrice d'Impacts Croisés Multiplication Appliqués à un Classement）技术建立了已确定的促进因素之间的关系。治理和监管框架、政治稳定和经济稳定是并购融资的主要独立促进因素。透明度和信息披露、基础设施、技术技能和信息通信技术是银行参与并购交易的关联促进因素。本研究通过文献检索和 "专家意见 "确定了促进因素，做出了新的贡献。TISM 模型通过显示层次性的相互联系和依赖关系来确定促进因素的优先级。本研究对文献进行了回顾，对研究结果进行了归纳，并重点关注了增加投资的重要推动因素。为鼓励并购活动，从业人员必须关注具有重大推动力的要素。这将有助于从业者、管理者和主管部门确定工作的优先次序。
{"title":"Analyzing the Hierarchical Structure of Enablers Affecting Indian Banks’ Merger and Acquisition Financing Decisions","authors":"Ravita Kharb, Neha Saini, Charu Shri, Kumar Dinesh","doi":"10.1177/09721509241227777","DOIUrl":"https://doi.org/10.1177/09721509241227777","url":null,"abstract":"Mergers and acquisitions have been important means of company expansion, restructuring, and diversification. In mergers and acquisitions, Indian banks play a critical role. The study aimed to discover, determine, and create an empirical model that evaluates the interdependence and interaction of enablers. Through literature and unstructured interviews, 10 enablers influencing Indian banks’ financing decisions for merger and acquisition transactions were identified. Total interpretive structural modelling (TISM) and the Matrice d’Impacts Croisés Multiplication Appliqués à un Classement (MICMAC) technique establish the relationship between identified enablers. Governance and regulatory framework, political stability, and economic stability are major independent enablers for financing mergers and acquisitions. Transparency and disclosure, infrastructure, technical skills, and information communication technology act as linkage enablers for the participation of banks in merger and acquisition transactions. The study makes a novel contribution by identifying enablers through a literature search and ‘experts’ opinions. The TISM model determines the priority of the enablers by displaying hierarchical interconnection and dependency. This study reviews the literature to generalize the findings and focus on significant drivers for increased investment. To encourage merger and acquisition activity, practitioners must focus on elements with significant driving power. It will assist the practitioners, managers, and authorities in prioritizing their efforts.","PeriodicalId":47569,"journal":{"name":"Global Business Review","volume":null,"pages":null},"PeriodicalIF":2.4,"publicationDate":"2024-03-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140071361","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-03-04DOI: 10.1177/09721509241232198
Madhuri Saripalle, Surabhi Somya
The telecom industry in India has witnessed exponential growth in the past decade; however, its profitability has been on the decline post 2008. This study analyzes the determinants of profitability of the industry during 2010–2022 using the conventional structure-conduct-performance paradigm. We estimate a dynamic panel data model to understand the role of endogeneity and profit persistence in the industry. Our findings are contrary to what the theory predicts and highlight the importance of the regulatory and institutional framework of the industry. Results suggest that there is profit persistence in the industry. The study finds that among conduct variables, export intensity has a positive impact while selling intensity has a negative impact on profitability. While size is not significant, concentration has a negative impact on profitability. Import has a negative impact on profitability. These results suggest that as the telecom industry transitioned from a monopoly to an oligopolistic market with players competing in different domains and services, selling and advertisement intensity has diminishing returns to profitability while export intensity emerges as an important driver of profitability. Results also suggest the importance of the production-linked incentive scheme encouraging exports and the need for regulating concentration and encouraging import substitution.
{"title":"Market Structure, Profitability and Regulation of Telecommunication Industry in India","authors":"Madhuri Saripalle, Surabhi Somya","doi":"10.1177/09721509241232198","DOIUrl":"https://doi.org/10.1177/09721509241232198","url":null,"abstract":"The telecom industry in India has witnessed exponential growth in the past decade; however, its profitability has been on the decline post 2008. This study analyzes the determinants of profitability of the industry during 2010–2022 using the conventional structure-conduct-performance paradigm. We estimate a dynamic panel data model to understand the role of endogeneity and profit persistence in the industry. Our findings are contrary to what the theory predicts and highlight the importance of the regulatory and institutional framework of the industry. Results suggest that there is profit persistence in the industry. The study finds that among conduct variables, export intensity has a positive impact while selling intensity has a negative impact on profitability. While size is not significant, concentration has a negative impact on profitability. Import has a negative impact on profitability. These results suggest that as the telecom industry transitioned from a monopoly to an oligopolistic market with players competing in different domains and services, selling and advertisement intensity has diminishing returns to profitability while export intensity emerges as an important driver of profitability. Results also suggest the importance of the production-linked incentive scheme encouraging exports and the need for regulating concentration and encouraging import substitution.","PeriodicalId":47569,"journal":{"name":"Global Business Review","volume":null,"pages":null},"PeriodicalIF":2.4,"publicationDate":"2024-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140033129","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-03-04DOI: 10.1177/09721509241226575
Hiridik Rajendran, Parthajit Kayal, Moinak Maiti
The study investigates the predictability of both the individual and basket of 10 major cryptocurrencies’ daily price changes between 2017 and 2023 by employing various machine learning classification algorithms such as random forests, k-nearest neighbour, decision trees, logistic regression, and Bernoulli naïve Bayes. These models utilize 15 different features based on historical price data and technical indicators as input features. The study estimates find logistic regression as superior over other models under consideration in predicting cryptocurrency daily returns. Overall, the study finds that on an average machine learning classification algorithms predictive accuracies have surpassed 50% when applied to daily frequencies on the basket of 10 major cryptocurrencies.
{"title":"Harnessing Machine Learning for Predicting Cryptocurrency Returns","authors":"Hiridik Rajendran, Parthajit Kayal, Moinak Maiti","doi":"10.1177/09721509241226575","DOIUrl":"https://doi.org/10.1177/09721509241226575","url":null,"abstract":"The study investigates the predictability of both the individual and basket of 10 major cryptocurrencies’ daily price changes between 2017 and 2023 by employing various machine learning classification algorithms such as random forests, k-nearest neighbour, decision trees, logistic regression, and Bernoulli naïve Bayes. These models utilize 15 different features based on historical price data and technical indicators as input features. The study estimates find logistic regression as superior over other models under consideration in predicting cryptocurrency daily returns. Overall, the study finds that on an average machine learning classification algorithms predictive accuracies have surpassed 50% when applied to daily frequencies on the basket of 10 major cryptocurrencies.","PeriodicalId":47569,"journal":{"name":"Global Business Review","volume":null,"pages":null},"PeriodicalIF":2.4,"publicationDate":"2024-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140033461","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-03-04DOI: 10.1177/09721509241229214
Meseret Ebabu Ejigu, Ei Thinzar Win
Foreign direct investment is the main driver of the growth. The development of Myanmar mainly depends on FDI and domestic investment. The objective of this article is to analyze the relationship between FDI and domestic investment in Myanmar from 1990 to 2020. The mean group estimator ARDL model was applied in this empirical study to evidence the relationship between them. This study employed newly collected sector-specific FDI inflows and domestic investment data for detailed examination. In line with the target of this article, the question arises whether FDI crowds in or crowds out DI in Myanmar. According to the outcomes, FDI and DI have a positive and insignificant relationship in the short-run results. However, they are positive and statistically significant in the long-run. There are unique causalities between FDI and DI; between EMP and DI and between EXCH and DI. Hence, FDI does Granger-cause DI. Thus, FDI crowds in DI in the short- and long-hauls in Myanmar. Therefore, the Government should actively do investment promotion for the investors to attract more FDI inflows into the country by facilitating business to sustain the country’s development and encourage the local businesspeople by educating how to use modern technology to shift from labor- to capital-intensive industries for increasing production and efficiency in Myanmar. Implications of the finding are explained with theoretical contributions, recommendations and research limitation are discussed.
{"title":"The Nexus Between Foreign Direct Investment and Domestic Investment in Myanmar: A Panel ARDL Approach","authors":"Meseret Ebabu Ejigu, Ei Thinzar Win","doi":"10.1177/09721509241229214","DOIUrl":"https://doi.org/10.1177/09721509241229214","url":null,"abstract":"Foreign direct investment is the main driver of the growth. The development of Myanmar mainly depends on FDI and domestic investment. The objective of this article is to analyze the relationship between FDI and domestic investment in Myanmar from 1990 to 2020. The mean group estimator ARDL model was applied in this empirical study to evidence the relationship between them. This study employed newly collected sector-specific FDI inflows and domestic investment data for detailed examination. In line with the target of this article, the question arises whether FDI crowds in or crowds out DI in Myanmar. According to the outcomes, FDI and DI have a positive and insignificant relationship in the short-run results. However, they are positive and statistically significant in the long-run. There are unique causalities between FDI and DI; between EMP and DI and between EXCH and DI. Hence, FDI does Granger-cause DI. Thus, FDI crowds in DI in the short- and long-hauls in Myanmar. Therefore, the Government should actively do investment promotion for the investors to attract more FDI inflows into the country by facilitating business to sustain the country’s development and encourage the local businesspeople by educating how to use modern technology to shift from labor- to capital-intensive industries for increasing production and efficiency in Myanmar. Implications of the finding are explained with theoretical contributions, recommendations and research limitation are discussed.","PeriodicalId":47569,"journal":{"name":"Global Business Review","volume":null,"pages":null},"PeriodicalIF":2.4,"publicationDate":"2024-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140033636","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-02-20DOI: 10.1177/09721509241227747
Soumya Singhal, Seema Gupta
This article develops a disclosure index to examine the extent and quality of intellectual capital disclosure in Indian firms. Furthermore, it assesses the gap between stakeholder expectations and industry disclosure procedures by conducting five years database analysis. To analyze the extent and quality of intellectual capital disclosure, a content analysis technique was applied to a sample of 30 non-financial firms listed on the Bombay Stock Exchange for five years, 2018–2022. A disclosure index of 42 items was constructed based on previous studies under three intellectual capital categories: Structural Capital, Relational Capital, and Human Capital. It was found that Indian companies had a low level of intellectual capital disclosure, although it increased by 28% from 2018 to 2022. Also, there was an upward movement in the disclosure of all intellectual capital components. Structural capital is disclosed by the number of organizations, whereas human capital is being disclosed the lowest. This study developed a new disclosure index consisting of 42 intellectual capital items based on extant research conferred by experts. In addition, the study considered a Sensex non-financial company for the analysis. Third, this study uses graphs to represent disclosure quality.
{"title":"Voluntary Intellectual Capital Disclosure and Information Asymmetry: Study of Indian Firms","authors":"Soumya Singhal, Seema Gupta","doi":"10.1177/09721509241227747","DOIUrl":"https://doi.org/10.1177/09721509241227747","url":null,"abstract":"This article develops a disclosure index to examine the extent and quality of intellectual capital disclosure in Indian firms. Furthermore, it assesses the gap between stakeholder expectations and industry disclosure procedures by conducting five years database analysis. To analyze the extent and quality of intellectual capital disclosure, a content analysis technique was applied to a sample of 30 non-financial firms listed on the Bombay Stock Exchange for five years, 2018–2022. A disclosure index of 42 items was constructed based on previous studies under three intellectual capital categories: Structural Capital, Relational Capital, and Human Capital. It was found that Indian companies had a low level of intellectual capital disclosure, although it increased by 28% from 2018 to 2022. Also, there was an upward movement in the disclosure of all intellectual capital components. Structural capital is disclosed by the number of organizations, whereas human capital is being disclosed the lowest. This study developed a new disclosure index consisting of 42 intellectual capital items based on extant research conferred by experts. In addition, the study considered a Sensex non-financial company for the analysis. Third, this study uses graphs to represent disclosure quality.","PeriodicalId":47569,"journal":{"name":"Global Business Review","volume":null,"pages":null},"PeriodicalIF":2.4,"publicationDate":"2024-02-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139955542","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-02-16DOI: 10.1177/09721509231221915
Rubina Romanello, Bernardo Balboni, Maria Chiarvesio, Justin Paul
The article investigates the impact of three dimensions of the speed of internationalization speed – the entry timing, the initial speed and the pace of international expansion – on the performance of exporting small‐ and medium‐sized enterprises (SMEs). To this purpose, we adopt a mixed-method approach analysing quantitative and qualitative data on Italian-exporting SMEs. The results show that entry timing, which is not relevant per se, moderates the positive impact of the initial speed on SME’s performance. Furthermore, a higher pace of international expansion is negatively related to the performance of SMEs. Building on the early internationalization literature, the study contributes to the existing literature on performance outcomes of the speed of internationalization of SMEs. The study has managerial implications for managers and entrepreneurs who are planning to internationalize.
{"title":"Early, Rapid or Global? Internationalization Speed and SME’s Performance","authors":"Rubina Romanello, Bernardo Balboni, Maria Chiarvesio, Justin Paul","doi":"10.1177/09721509231221915","DOIUrl":"https://doi.org/10.1177/09721509231221915","url":null,"abstract":"The article investigates the impact of three dimensions of the speed of internationalization speed – the entry timing, the initial speed and the pace of international expansion – on the performance of exporting small‐ and medium‐sized enterprises (SMEs). To this purpose, we adopt a mixed-method approach analysing quantitative and qualitative data on Italian-exporting SMEs. The results show that entry timing, which is not relevant per se, moderates the positive impact of the initial speed on SME’s performance. Furthermore, a higher pace of international expansion is negatively related to the performance of SMEs. Building on the early internationalization literature, the study contributes to the existing literature on performance outcomes of the speed of internationalization of SMEs. The study has managerial implications for managers and entrepreneurs who are planning to internationalize.","PeriodicalId":47569,"journal":{"name":"Global Business Review","volume":null,"pages":null},"PeriodicalIF":2.4,"publicationDate":"2024-02-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139955536","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Using 514 Indian-listed firms for 11 years (2012–2022), this study provides evidence that efficiency in working capital management (WCM) positively influences the overall financial performance (proxied by return on equity [ROE]). WCM impacts each decomposed component as per DuPont analysis, such as profit margin (PM), asset turn (AT), and equity multiplier (EMR). Efficient WCM enhances PM and AT. Sample firms with longer working capital (WC) conversion cycles have higher EMR, indicating that inefficiency in WCM pushes the firms towards more dependence on debt financing. The shorter inventory days, speedy receivable collections, and prompt payment terms augment ROE, PM, and AT. Longer inventory storage days and generous credit terms extended to the customers increase EMR of the sample firms. The firms with higher EMR delay payment to their suppliers. Furthermore, among the relationship of each DuPont performance lever with ROE, we find that the relationship of PM with ROE is most influenced by efficient WCM for the Indian sample firms compared to the relationship of AT with ROE and the relationship of EMR with ROE.
{"title":"Does Efficiency in Working Capital Management Impact the Overall Performance of Firms? Evidence from India","authors":"Kamlesh Kumar, Kumar Sanjay Sawarni, Sivasankaran Narayanasamy","doi":"10.1177/09721509231213524","DOIUrl":"https://doi.org/10.1177/09721509231213524","url":null,"abstract":"Using 514 Indian-listed firms for 11 years (2012–2022), this study provides evidence that efficiency in working capital management (WCM) positively influences the overall financial performance (proxied by return on equity [ROE]). WCM impacts each decomposed component as per DuPont analysis, such as profit margin (PM), asset turn (AT), and equity multiplier (EMR). Efficient WCM enhances PM and AT. Sample firms with longer working capital (WC) conversion cycles have higher EMR, indicating that inefficiency in WCM pushes the firms towards more dependence on debt financing. The shorter inventory days, speedy receivable collections, and prompt payment terms augment ROE, PM, and AT. Longer inventory storage days and generous credit terms extended to the customers increase EMR of the sample firms. The firms with higher EMR delay payment to their suppliers. Furthermore, among the relationship of each DuPont performance lever with ROE, we find that the relationship of PM with ROE is most influenced by efficient WCM for the Indian sample firms compared to the relationship of AT with ROE and the relationship of EMR with ROE.","PeriodicalId":47569,"journal":{"name":"Global Business Review","volume":null,"pages":null},"PeriodicalIF":2.4,"publicationDate":"2024-02-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139683459","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-01-18DOI: 10.1177/09721509231221983
Nguyen Ngoc Hien, Nguyen Thanh Long, T. N. Ghi, Nguyen Thi Truc Ngan
Customers tend to be sceptical of corporate social responsibility (CSR) activities. So it is important to understand the factors that influence customers’ perception of CSR. Furthermore, the research topic on assessing organizations based on customers’ perception of the country-of-origin (COO) remains relatively rare. Thus, this study explores how country-of-brand (COB) image, country-of-manufacture (COM) image and corporate reputation affect perceived CSR. Meanwhile, this research also considers effect of perceived CSR to customer loyalty and trust in Vietnam auto industry. A quota sample representing three regions of Vietnam, including 702 customers who already own personal cars, is collected. Structural equation modelling is used to test the research hypotheses. The results confirm that the COB image has a positive effect on perceived CSR. Corporate reputation plays a significant moderating role in the relationship between COB image and perceived CSR, while COM image only plays an important role as an independent variable. In addition, the study also confirmed the importance of perceived CSR on customer trust and loyalty. The findings of this research might be meaningful for multinational corporations, especially for those operating in auto market.
客户往往对企业社会责任（CSR）活动持怀疑态度。因此，了解影响客户对企业社会责任看法的因素非常重要。此外，根据顾客对原产国（COO）的感知来评估组织的研究课题仍然相对较少。因此，本研究探讨了品牌国（COB）形象、制造国（COM）形象和企业声誉如何影响感知到的企业社会责任。同时，本研究还考虑了感知企业社会责任对越南汽车行业客户忠诚度和信任度的影响。研究收集了代表越南三个地区的配额样本，其中包括 702 名已经拥有个人汽车的客户。研究采用结构方程模型来检验研究假设。结果证实，企业社会责任形象对感知企业社会责任有积极影响。企业声誉在 COB 形象与感知企业社会责任之间的关系中起着重要的调节作用，而 COM 形象仅作为自变量起着重要作用。此外，研究还证实了感知企业社会责任对客户信任度和忠诚度的重要性。这项研究的结果可能对跨国公司，尤其是经营汽车市场的跨国公司很有意义。
{"title":"Country-of-Brand, Corporate Social Responsibility and Customer Responds: Moderating Role of Country-of-Manufacture and Corporate Reputation","authors":"Nguyen Ngoc Hien, Nguyen Thanh Long, T. N. Ghi, Nguyen Thi Truc Ngan","doi":"10.1177/09721509231221983","DOIUrl":"https://doi.org/10.1177/09721509231221983","url":null,"abstract":"Customers tend to be sceptical of corporate social responsibility (CSR) activities. So it is important to understand the factors that influence customers’ perception of CSR. Furthermore, the research topic on assessing organizations based on customers’ perception of the country-of-origin (COO) remains relatively rare. Thus, this study explores how country-of-brand (COB) image, country-of-manufacture (COM) image and corporate reputation affect perceived CSR. Meanwhile, this research also considers effect of perceived CSR to customer loyalty and trust in Vietnam auto industry. A quota sample representing three regions of Vietnam, including 702 customers who already own personal cars, is collected. Structural equation modelling is used to test the research hypotheses. The results confirm that the COB image has a positive effect on perceived CSR. Corporate reputation plays a significant moderating role in the relationship between COB image and perceived CSR, while COM image only plays an important role as an independent variable. In addition, the study also confirmed the importance of perceived CSR on customer trust and loyalty. The findings of this research might be meaningful for multinational corporations, especially for those operating in auto market.","PeriodicalId":47569,"journal":{"name":"Global Business Review","volume":null,"pages":null},"PeriodicalIF":2.4,"publicationDate":"2024-01-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139526197","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-01-15DOI: 10.1177/09721509231219078
Kiru Sichoongwe
Eco-innovation (EI) is a typical innovation that is beneficial to the environment. It is seen as a necessary step that positively contributes to the worldwide fight against carbon emissions. It is a crucial component for achieving sustainable development, and improving environmental and economic performance. This study investigates what drives micro- and small enterprises (MSEs) to adopt environmental innovation technologies in Johannesburg, South Africa. An econometric model is used in the study to examine a total of 1,021 MSEs. The probit findings show that environmental tax, government subsidies, and research and development activities have a positive influence on EI adoption. Also, adoption of EI is dependent on the successful application of non-EIs (e.g., innovation on new products, innovation on improved products and innovation on improved services) by enterprises. The article concludes with policy implications.
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