Pub Date : 2024-01-15DOI: 10.1177/09721509231196630
Barnali Chaklader, Neharika Srivatava, Vandna Sharma, Samies S. Sayeed
Free cash flow is a crucial component in deciding the dividend payout ratio; but literature has not sufficiently explored the effects of the same, specifically on dividend payment decisions. We therefore examine whether a firm’s deficit or cash surplus affects ‘cash dividend payout’ for Indian small- and mid-sized firms. Also, we have explored the idea of studying the effect of promoter holding on the dividend policy of mid-cap and small-cap firms listed in the stock exchange of India. Our study also determines the relationship between retained earnings and the dividend policy. The sample of the study includes 174 non-financial companies from the NIFTY MidSmallcap 400 Index from April 2011 till March 2019. Applying the Logit and Tobit models, we have arrived at the findings. Our findings demonstrate that surplus cash positively influences the decision of paying dividends in both mid-cap and small-cap firms. The findings also indicate that mid-cap firms use retained earnings for scaling up rather than distributing dividends and small-cap firms distribute dividends. We prove that Indian business houses with high promoter holdings are less in favour of distributing dividends. The results have the limitation of geography and period and may not be valid for other countries.
{"title":"The Impact of Surplus, Promoter Holding, Leverage and Retained Earnings on Dividend Payment Decisions: Evidence from Small- and Mid-sized Firms in India","authors":"Barnali Chaklader, Neharika Srivatava, Vandna Sharma, Samies S. Sayeed","doi":"10.1177/09721509231196630","DOIUrl":"https://doi.org/10.1177/09721509231196630","url":null,"abstract":"Free cash flow is a crucial component in deciding the dividend payout ratio; but literature has not sufficiently explored the effects of the same, specifically on dividend payment decisions. We therefore examine whether a firm’s deficit or cash surplus affects ‘cash dividend payout’ for Indian small- and mid-sized firms. Also, we have explored the idea of studying the effect of promoter holding on the dividend policy of mid-cap and small-cap firms listed in the stock exchange of India. Our study also determines the relationship between retained earnings and the dividend policy. The sample of the study includes 174 non-financial companies from the NIFTY MidSmallcap 400 Index from April 2011 till March 2019. Applying the Logit and Tobit models, we have arrived at the findings. Our findings demonstrate that surplus cash positively influences the decision of paying dividends in both mid-cap and small-cap firms. The findings also indicate that mid-cap firms use retained earnings for scaling up rather than distributing dividends and small-cap firms distribute dividends. We prove that Indian business houses with high promoter holdings are less in favour of distributing dividends. The results have the limitation of geography and period and may not be valid for other countries.","PeriodicalId":47569,"journal":{"name":"Global Business Review","volume":null,"pages":null},"PeriodicalIF":2.4,"publicationDate":"2024-01-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139622752","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: 10.1177/09721509231219148
Subir Verma, Rajwinder Kaur, Nidhi Kapoor Bhasin
Companies are actively engaged in the pursuit of acquiring highly skilled candidates, referred to as the ‘war for talent’ leveraging their reputations to attract such individuals ( Schaarschmidt et al., 2021 ). However, the extent to which these efforts have yielded positive outcomes remains a matter of inquiry. This study aims to determine the degree to which applicants’ intentions to apply for job positions within an organization are affected by their perception of the employer brand. Specifically, the objective is to identify the most significant component that affects candidates’ Intention to Apply. This study empirically assesses employer branding and Application Intentions among potential employees. Data were collected from a sample of 210 MBA students who graduated from one of India’s top business schools. The collected data were analysed using PLS-SEM software. The findings reveal that an organization’s employer brand significantly influences potential employees’ Intention to Apply. Furthermore, the components of the employer brand, namely, Job Role (tasks), Compensation and Benefits, Organizational Culture, and Job Security, International Assignments emerged as the influential factors driving candidates’ Intention to Apply. It is worth noting that studies of this nature among MBA graduates from business schools are scarce. The insights gained from this study can assist managers in formulating action plans to enhance an organization’s image as a desirable employer.
各公司都在积极争取高技能人才，这被称为 "人才争夺战"，它们利用自身的声誉来吸引这些人才（Schaarschmidt et al.）然而，这些努力在多大程度上取得了积极成果仍是一个值得探讨的问题。本研究旨在确定应聘者申请组织内工作职位的意向在多大程度上受其对雇主品牌认知的影响。具体来说，研究目的是找出影响求职者求职意向的最重要因素。本研究对雇主品牌和潜在员工的应聘意向进行了实证评估。数据收集自 210 名毕业于印度顶尖商学院的 MBA 学生样本。收集到的数据使用 PLS-SEM 软件进行了分析。研究结果表明，企业的雇主品牌对潜在员工的申请意向有重大影响。此外，雇主品牌的构成要素，即工作角色（任务）、薪酬和福利、组织文化、工作保障和国际派遣，成为驱动候选人申请意向的影响因素。值得注意的是，针对商学院 MBA 毕业生的此类研究并不多见。从本研究中获得的启示可以帮助管理者制定行动计划，提升组织作为理想雇主的形象。
{"title":"Does Employer Branding Shake Application Intentions of Potential Employees?","authors":"Subir Verma, Rajwinder Kaur, Nidhi Kapoor Bhasin","doi":"10.1177/09721509231219148","DOIUrl":"https://doi.org/10.1177/09721509231219148","url":null,"abstract":"Companies are actively engaged in the pursuit of acquiring highly skilled candidates, referred to as the ‘war for talent’ leveraging their reputations to attract such individuals ( Schaarschmidt et al., 2021 ). However, the extent to which these efforts have yielded positive outcomes remains a matter of inquiry. This study aims to determine the degree to which applicants’ intentions to apply for job positions within an organization are affected by their perception of the employer brand. Specifically, the objective is to identify the most significant component that affects candidates’ Intention to Apply. This study empirically assesses employer branding and Application Intentions among potential employees. Data were collected from a sample of 210 MBA students who graduated from one of India’s top business schools. The collected data were analysed using PLS-SEM software. The findings reveal that an organization’s employer brand significantly influences potential employees’ Intention to Apply. Furthermore, the components of the employer brand, namely, Job Role (tasks), Compensation and Benefits, Organizational Culture, and Job Security, International Assignments emerged as the influential factors driving candidates’ Intention to Apply. It is worth noting that studies of this nature among MBA graduates from business schools are scarce. The insights gained from this study can assist managers in formulating action plans to enhance an organization’s image as a desirable employer.","PeriodicalId":47569,"journal":{"name":"Global Business Review","volume":null,"pages":null},"PeriodicalIF":2.4,"publicationDate":"2024-01-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139622025","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: 10.1177/09721509231221917
Indranarain Ramlall
Despite the prevalence of commercial banks’ rankings by The Banker, yet, no research has been undertaken to gauge on the transitional performance of these banks. This study attempts to fulfil such a research gap by focusing on finer rating categories under an interval gap of 50 banks, a time horizon of one year under a full time spanning from 2010 to 2020. A novel technique is deployed, namely rating transition matrices (RTMs) to gauge on the transition of ratings of banks over time. Findings show that probabilities assigned to unchanged ratings are relatively more pronounced relative to those attached to changed ratings. Evidence is found as to most banks found in the list of the top 50 banks being able to preserve their rating category over a decade with COVID-19 entailing no major effects on their RTMs. Policy wise, the Financial Stability Board could consider the full list of top 50 banks as globally systemically important banks. Absence of leapfrogging in RTMs substantiates a rather ‘less intrusive’ nature of banking business in the world.
{"title":"Gauging on the Performance of Top 1,000 Banks/G-SIBs/Investment Banks in the World via Rating Transition Matrices","authors":"Indranarain Ramlall","doi":"10.1177/09721509231221917","DOIUrl":"https://doi.org/10.1177/09721509231221917","url":null,"abstract":"Despite the prevalence of commercial banks’ rankings by The Banker, yet, no research has been undertaken to gauge on the transitional performance of these banks. This study attempts to fulfil such a research gap by focusing on finer rating categories under an interval gap of 50 banks, a time horizon of one year under a full time spanning from 2010 to 2020. A novel technique is deployed, namely rating transition matrices (RTMs) to gauge on the transition of ratings of banks over time. Findings show that probabilities assigned to unchanged ratings are relatively more pronounced relative to those attached to changed ratings. Evidence is found as to most banks found in the list of the top 50 banks being able to preserve their rating category over a decade with COVID-19 entailing no major effects on their RTMs. Policy wise, the Financial Stability Board could consider the full list of top 50 banks as globally systemically important banks. Absence of leapfrogging in RTMs substantiates a rather ‘less intrusive’ nature of banking business in the world.","PeriodicalId":47569,"journal":{"name":"Global Business Review","volume":null,"pages":null},"PeriodicalIF":2.4,"publicationDate":"2024-01-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139529956","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: 10.1177/09721509231219318
Tonmoy Chatterjee, Kinkini Bhattacharjee, Ramesh Chandra Das
Traditional macroeconomic theory explains inflation as the result of excess demand surpassing the full employment level of supply. However, achieving full employment doesn’t necessarily mean that the production system is operating at its maximum capacity. When production falls short of its potential, this underutilization is commonly observed in imperfect markets, and it can be one of the factors contributing to inflation. Additionally, excess capacity can have adverse effects on the overall economic system, potentially leading to lower income generation. In light of these considerations, this study develops a theoretical model that incorporates capacity utilization, inflation and per capita GDP (PCGDP) as the key indicators. It empirically investigates whether there are long-term associations and short-term dynamics among these variables in a panel of 28 countries (14 from developed and 14 from developing regions) over the period 2003–2019. The findings reveal that there are clear long-term relationships among the variables. In the short term, capacity utilization and PCGDP are found to influence inflation in the developed countries, but this relationship is not observed in developing countries. Conversely, PCGDP is influenced by capacity utilization and inflation rates in developing economies. Interestingly, there are no causal relationships observed in the panel of all the countries.
{"title":"Long-run and Short-run Dynamic Linkages Among Capacity Utilization, Inflation and Per Capita Income: Theoretical and Empirical Enquiries for Panel of Countries","authors":"Tonmoy Chatterjee, Kinkini Bhattacharjee, Ramesh Chandra Das","doi":"10.1177/09721509231219318","DOIUrl":"https://doi.org/10.1177/09721509231219318","url":null,"abstract":"Traditional macroeconomic theory explains inflation as the result of excess demand surpassing the full employment level of supply. However, achieving full employment doesn’t necessarily mean that the production system is operating at its maximum capacity. When production falls short of its potential, this underutilization is commonly observed in imperfect markets, and it can be one of the factors contributing to inflation. Additionally, excess capacity can have adverse effects on the overall economic system, potentially leading to lower income generation. In light of these considerations, this study develops a theoretical model that incorporates capacity utilization, inflation and per capita GDP (PCGDP) as the key indicators. It empirically investigates whether there are long-term associations and short-term dynamics among these variables in a panel of 28 countries (14 from developed and 14 from developing regions) over the period 2003–2019. The findings reveal that there are clear long-term relationships among the variables. In the short term, capacity utilization and PCGDP are found to influence inflation in the developed countries, but this relationship is not observed in developing countries. Conversely, PCGDP is influenced by capacity utilization and inflation rates in developing economies. Interestingly, there are no causal relationships observed in the panel of all the countries.","PeriodicalId":47569,"journal":{"name":"Global Business Review","volume":null,"pages":null},"PeriodicalIF":2.4,"publicationDate":"2024-01-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139622745","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 : 2023-12-14DOI: 10.1177/09721509231210366
Srikanth Potharla, S. Mahapatra, Surya Kumari Turubilli
This study examines the relationship between institutional ownership and the corporate social responsibility (CSR) performance of companies in India. Referring to social market theory, the free cash flow theory of agency costs and the institutional theory of CSR, this study hypothesized a positive association between institutional ownership and CSR performance (CSP). It empirically tested the hypothesis on a sample of 814 firm-years from 2010 to 2019. The findings reveal a significantly positive association between institutional ownership persistence and CSP. The robustness of the findings is tested against the heterogeneity of institutional ownership, namely, domestic and foreign institutional ownership, with reference to the ‘hometown advantage hypothesis’ and ‘global investor hypothesis’. Domestic institutional ownership significantly impacts CSP in line with the ‘hometown advantage hypothesis’; meanwhile, the significant influence of foreign institutional ownership on CSR aligns with the ‘global investor hypothesis’.
{"title":"Is Institutional Ownership Socially Responsible? Perspectives from Heterogeneity and Stability of Institutional Ownership","authors":"Srikanth Potharla, S. Mahapatra, Surya Kumari Turubilli","doi":"10.1177/09721509231210366","DOIUrl":"https://doi.org/10.1177/09721509231210366","url":null,"abstract":"This study examines the relationship between institutional ownership and the corporate social responsibility (CSR) performance of companies in India. Referring to social market theory, the free cash flow theory of agency costs and the institutional theory of CSR, this study hypothesized a positive association between institutional ownership and CSR performance (CSP). It empirically tested the hypothesis on a sample of 814 firm-years from 2010 to 2019. The findings reveal a significantly positive association between institutional ownership persistence and CSP. The robustness of the findings is tested against the heterogeneity of institutional ownership, namely, domestic and foreign institutional ownership, with reference to the ‘hometown advantage hypothesis’ and ‘global investor hypothesis’. Domestic institutional ownership significantly impacts CSP in line with the ‘hometown advantage hypothesis’; meanwhile, the significant influence of foreign institutional ownership on CSR aligns with the ‘global investor hypothesis’.","PeriodicalId":47569,"journal":{"name":"Global Business Review","volume":null,"pages":null},"PeriodicalIF":2.4,"publicationDate":"2023-12-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138972639","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 : 2023-12-13DOI: 10.1177/09721509231212959
P. Ezeh
This article aimed to examine the impact of subjective norm (SN), attitude and perceived behavioural control (PBC) on Nigerian youths’ agro-entrepreneurial intention (EI) as well as moderating role of gender. The unit of analysis is 400 youths in Nigeria, ranging from ages of 18 to 40 years. In this study, structural equation modelling was used. The result shows that attitude, SN and PBC have significant relationship with Nigerian youths’ agro-EI. Also, there is no significant difference between men and women on PBC and attitude towards agro-entrepreneurship, but there is a significant difference on SN. Standard estimates revealed that women have a stronger SN than men. Finally, it was discovered that Nigerian youths have interest in agro-entrepreneurship. This study is unique since it focused specifically on agro-entrepreneurial intent and the moderating role of gender in an agrarian and gender sensitive zone, which many studies ignored. Gender role was emphasized in this study. Thus, it has shown that society and community have more influence on women than men when engaging in agro-entrepreneurship.
本文旨在研究主观规范（SN）、态度和感知行为控制（PBC）对尼日利亚青年农业创业意向（EI）的影响以及性别的调节作用。分析单位为尼日利亚的 400 名青年，年龄从 18 岁到 40 岁不等。本研究采用了结构方程模型。结果表明，态度、SN 和 PBC 与尼日利亚青年的农业经济投资有显著关系。此外，男性和女性在 PBC 和对农业创业的态度方面没有显著差异，但在 SN 方面存在显著差异。标准估计值显示，女性的 SN 强于男性。最后，研究发现尼日利亚青年对农业创业感兴趣。这项研究是独一无二的，因为它特别关注农业创业意向以及性别在农业和性别敏感区域的调节作用，而许多研究都忽略了这一点。本研究强调了性别角色。因此，研究表明，在从事农业创业时，社会和社区对女性的影响大于男性。
{"title":"A Moderating Role of Gender on Agro-Entrepreneurial Intention Among Youths","authors":"P. Ezeh","doi":"10.1177/09721509231212959","DOIUrl":"https://doi.org/10.1177/09721509231212959","url":null,"abstract":"This article aimed to examine the impact of subjective norm (SN), attitude and perceived behavioural control (PBC) on Nigerian youths’ agro-entrepreneurial intention (EI) as well as moderating role of gender. The unit of analysis is 400 youths in Nigeria, ranging from ages of 18 to 40 years. In this study, structural equation modelling was used. The result shows that attitude, SN and PBC have significant relationship with Nigerian youths’ agro-EI. Also, there is no significant difference between men and women on PBC and attitude towards agro-entrepreneurship, but there is a significant difference on SN. Standard estimates revealed that women have a stronger SN than men. Finally, it was discovered that Nigerian youths have interest in agro-entrepreneurship. This study is unique since it focused specifically on agro-entrepreneurial intent and the moderating role of gender in an agrarian and gender sensitive zone, which many studies ignored. Gender role was emphasized in this study. Thus, it has shown that society and community have more influence on women than men when engaging in agro-entrepreneurship.","PeriodicalId":47569,"journal":{"name":"Global Business Review","volume":null,"pages":null},"PeriodicalIF":2.4,"publicationDate":"2023-12-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139005362","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 : 2023-12-07DOI: 10.1177/09721509231199302
Saleem Khan, Salman Azad Khan, M. Kamal, A. Syed
This study employed the revealed comparative advantage (RCA), revealed symmetric comparative advantage (RSCA) and Vollrath’s indices to measure Pakistan’s export competitiveness of cotton yarn in the world. Meanwhile, the country’s export competitiveness is evaluated using the comparative advantage by countries index in China, the world’s largest consumer of cotton yarn and Pakistan’s main export destination. Additionally, linear approximated almost ideal demand systems (LA/AIDS) is employed to anticipate the demand relations for exports of cotton yarn (Pakistan, India and the USA) in the Chinese market over the period 1991–2019. The value of RCA indices greater than one indicates that the country has comparative advantage in exports of cotton yarn in both the global and Chinese market. The findings also revealed that the nation’s comparative advantage position has decreased in global market while improved in the regional market of China. Furthermore, based on the approximation of restricted LA/AIDS model, the results affirmed that the exports of cotton yarn had high own-price sensitivity with negative signs, whereas cross-price sensitivity with positive signs. With regards to Pakistan’s exports, estimates of cross-prices indicate that China’s imports of yarn from Pakistan are substitutable for imports of yarn from India and the USA. In addition, the expenditure elasticity for India and US cotton yarn is greater than one, indicating that China viewed their exports of cotton yarn as quality good. On the other hand, the expenditure elasticity for Pakistan’s is less than one, but close enough to one, which reflects the cut-off point for exports of quality goods. Pakistan, therefore, needs to produce cotton yarn more efficiently by reducing costs and enhancing the reputation of quality to increase exports and market share.
{"title":"Competitiveness Analysis of Pakistan’s Cotton Yarn Exports Relative to India and USA: A Demand System Application with Focuses on China’s Market","authors":"Saleem Khan, Salman Azad Khan, M. Kamal, A. Syed","doi":"10.1177/09721509231199302","DOIUrl":"https://doi.org/10.1177/09721509231199302","url":null,"abstract":"This study employed the revealed comparative advantage (RCA), revealed symmetric comparative advantage (RSCA) and Vollrath’s indices to measure Pakistan’s export competitiveness of cotton yarn in the world. Meanwhile, the country’s export competitiveness is evaluated using the comparative advantage by countries index in China, the world’s largest consumer of cotton yarn and Pakistan’s main export destination. Additionally, linear approximated almost ideal demand systems (LA/AIDS) is employed to anticipate the demand relations for exports of cotton yarn (Pakistan, India and the USA) in the Chinese market over the period 1991–2019. The value of RCA indices greater than one indicates that the country has comparative advantage in exports of cotton yarn in both the global and Chinese market. The findings also revealed that the nation’s comparative advantage position has decreased in global market while improved in the regional market of China. Furthermore, based on the approximation of restricted LA/AIDS model, the results affirmed that the exports of cotton yarn had high own-price sensitivity with negative signs, whereas cross-price sensitivity with positive signs. With regards to Pakistan’s exports, estimates of cross-prices indicate that China’s imports of yarn from Pakistan are substitutable for imports of yarn from India and the USA. In addition, the expenditure elasticity for India and US cotton yarn is greater than one, indicating that China viewed their exports of cotton yarn as quality good. On the other hand, the expenditure elasticity for Pakistan’s is less than one, but close enough to one, which reflects the cut-off point for exports of quality goods. Pakistan, therefore, needs to produce cotton yarn more efficiently by reducing costs and enhancing the reputation of quality to increase exports and market share.","PeriodicalId":47569,"journal":{"name":"Global Business Review","volume":null,"pages":null},"PeriodicalIF":2.4,"publicationDate":"2023-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138591388","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 : 2023-12-04DOI: 10.1177/09721509231212180
Moustapha Abakar Moussa, Recp Yilmaz
This article examines participation in the informal food sector in Chad’s capital city, N’Djamena, by studying the differences between survivalist and opportunistic food vendors. The objective is to determine whether the nuanced approach to participation in the informal food sector proposed by studies conducted in Brazil and India can also be applied to the African context, particularly in N’Djamena, Chad. Using five criteria to differentiate the two groups, four regression models were developed to identify the characteristics most strongly associated with each group. The results show that street food vendors are most likely to be opportunistic and that few vendors are both survivalist and opportunistic. Many similarities were found between the two groups, and both would benefit from a more favourable political environment. The implications of this study are important for street vendors, who face difficult working conditions and social stigma due to their informal work. This study contributes to a better understanding of participation in the informal food sector in Chad and may help guide the development of more equitable and effective policies to support these informal workers.
{"title":"Entrepreneurial and Survival Motivations in the Informal Food Sector: A Case Study in N’Djamena, Chad","authors":"Moustapha Abakar Moussa, Recp Yilmaz","doi":"10.1177/09721509231212180","DOIUrl":"https://doi.org/10.1177/09721509231212180","url":null,"abstract":"This article examines participation in the informal food sector in Chad’s capital city, N’Djamena, by studying the differences between survivalist and opportunistic food vendors. The objective is to determine whether the nuanced approach to participation in the informal food sector proposed by studies conducted in Brazil and India can also be applied to the African context, particularly in N’Djamena, Chad. Using five criteria to differentiate the two groups, four regression models were developed to identify the characteristics most strongly associated with each group. The results show that street food vendors are most likely to be opportunistic and that few vendors are both survivalist and opportunistic. Many similarities were found between the two groups, and both would benefit from a more favourable political environment. The implications of this study are important for street vendors, who face difficult working conditions and social stigma due to their informal work. This study contributes to a better understanding of participation in the informal food sector in Chad and may help guide the development of more equitable and effective policies to support these informal workers.","PeriodicalId":47569,"journal":{"name":"Global Business Review","volume":null,"pages":null},"PeriodicalIF":2.4,"publicationDate":"2023-12-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138601331","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 : 2023-12-01DOI: 10.1177/09721509231169358
Meseret Ebabu Ejigu
This article examines how does strategic planning & planning resources influence the performance of financial institutions in Ethiopia? Besides this, the study investigates the mediating role of institutional capability & moderating role of managerial involvement. The study used cross-sectional research that relied on survey. This study employs Hierarchical Linear Model (HLM) and MLMED for mediation hypothesis. These data consisted of 142 managers from 35 different financial institutions. This study expands the knowledge edge in the field of strategic management through the discovery that strategic planning affects the performance of financial institutions directly, and indirectly through the mediation of institutional capability and managerial involvement has moderating role on the relationship between strategic planning & financial performance, which has a positive and significant effect. The results of this study have guidance for managers how to configure strategic planning & planning resources to obtain competitive advantage through institutional capability to enhance the performance of financial institutions. Implications of the findings are explained with theoretical contribution; recommendations and future research are discussed.
{"title":"Does Strategic Planning & Planning Resources Influence the Performance of Financial Institutions? Roles of Managerial Involvement and Institutional Capability","authors":"Meseret Ebabu Ejigu","doi":"10.1177/09721509231169358","DOIUrl":"https://doi.org/10.1177/09721509231169358","url":null,"abstract":"This article examines how does strategic planning & planning resources influence the performance of financial institutions in Ethiopia? Besides this, the study investigates the mediating role of institutional capability & moderating role of managerial involvement. The study used cross-sectional research that relied on survey. This study employs Hierarchical Linear Model (HLM) and MLMED for mediation hypothesis. These data consisted of 142 managers from 35 different financial institutions. This study expands the knowledge edge in the field of strategic management through the discovery that strategic planning affects the performance of financial institutions directly, and indirectly through the mediation of institutional capability and managerial involvement has moderating role on the relationship between strategic planning & financial performance, which has a positive and significant effect. The results of this study have guidance for managers how to configure strategic planning & planning resources to obtain competitive advantage through institutional capability to enhance the performance of financial institutions. Implications of the findings are explained with theoretical contribution; recommendations and future research are discussed.","PeriodicalId":47569,"journal":{"name":"Global Business Review","volume":null,"pages":null},"PeriodicalIF":2.4,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138608057","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 : 2023-11-09DOI: 10.1177/09721509231197719
Dona Ghosh, Sahana Roy Chowdhury, Apoorva M
Various sectors have been undergoing major changes due to digitalisation. Among these sectors, the finance sector is one which is largely affected due to online banking, cash to cashless, and so on, and digital finance instruments in India have witnessed a revolutionary change over the last decade. By financial instrument, we refer to the various digital financial apps which are used for online cashless transactions such as Paytm, Google Pay, Amazon Pay, PayZapp and so on. The primary emphasis of this research is on the wide range of digital financial instruments and their subsequent adoption in India, based on a survey conducted on 600 individuals (young) from July to October 2021. The study will offer brief discussions of the advantages of utilising these instruments, the challenges of using these instruments, other variables that are keeping individuals from using these apps, and so on. Questionnaire distribution and collection is the major data-gathering approach used to learn about people’s views on these financial products. Attitude, perception and social norms are briefly reviewed and analysed as they pertain to the individual’s decision and intention to utilise digital apps. Following the expected utility theory people are rational, and we find evidence that during economic crises economic entities behave differently and economic incentives may not often work if they have a strong negative perception of the economy. Our result strengthens these arguments, it reveals that economic perception considerably moderated the connection between perceived usefulness and mobile apps for money transactions (MAMT) use implying that economic perception strengthens the impact of the independent variable. On the other hand, the result shows that economic perception significantly weakens the impact of social influence on the usage of MAMT. However, the perceived economic crisis has no moderating impact on the relationship between perceived ease of use and usage of MAMT. This has something to do with innovation, and creating intrinsic product or service-based value addition that hardly changes with the economy’s perception—whether it is in crisis or a business-as-usual. The present study in the Indian context contrasts with most of the literature that concludes based on pre-COVID scenarios, and, thus, has wider business implications in the new-normal world. Mobile app developers now should emphasise factors while optimising and designing their pricing and promotional strategies.
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