In this comprehensive meta-analysis study, we investigate the potential moderating effect of culture on the intricate interplay between ethical leadership and individual-level organizational performance. Our analysis is based on a global collection of studies conducted across diverse regions including Asia, Europe, North America, and other regions. Systematically reviewing the literature, we identified a substantial body of primary studies exploring the relationship between ethical leadership and individual-level organizational performance within the timeframe of 2011 to 2021. These studies span across 28 countries, with select studies encompassing multiple countries, contributing to a total of 86 studies and 127 effect sizes, collectively involving 53,761 individuals. Our findings reveal a significant positive association between ethical leadership and heightened organizational performance. Notably, our analysis indicates that this relationship remains consistent and robust across diverse cultural contexts, as culture does not moderate the observed connection.
{"title":"INVESTIGATING THE MODERATING INFLUENCE OF CULTURE ON THE LINK BETWEEN ETHICAL LEADERSHIP AND INDIVIDUAL-LEVEL ORGANIZATIONAL PERFORMANCE: A META-ANALYSIS","authors":"Lt Bhupinder","doi":"10.55955/230006","DOIUrl":"https://doi.org/10.55955/230006","url":null,"abstract":"In this comprehensive meta-analysis study, we investigate the potential moderating effect of culture on the intricate interplay between ethical leadership and individual-level organizational performance. Our analysis is based on a global collection of studies conducted across diverse regions including Asia, Europe, North America, and other regions. Systematically reviewing the literature, we identified a substantial body of primary studies exploring the relationship between ethical leadership and individual-level organizational performance within the timeframe of 2011 to 2021. These studies span across 28 countries, with select studies encompassing multiple countries, contributing to a total of 86 studies and 127 effect sizes, collectively involving 53,761 individuals. Our findings reveal a significant positive association between ethical leadership and heightened organizational performance. Notably, our analysis indicates that this relationship remains consistent and robust across diverse cultural contexts, as culture does not moderate the observed connection.","PeriodicalId":477004,"journal":{"name":"Sachetas","volume":"362 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135824727","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}
In addition to looking at how site quality affects OIBB, this study also looked at how to deal with advancements and to know the use of electronic wallets which affect online business. The population studied in this study consists of customers who recently made impulsive purchases on the Flipkart, Amazon and other online ecommerce websites. With a survey that had its criteria modified using Google Form, the example size was 200 residents. It used a purposeful examining technique. As a tool for gathering information, online questionnaire is sent to respondents. The findings shown that OIBB was strongly impacted simultaneously by site quality, deals advancement, and computerised wallet use. Deals progressing don't significantly affect OIBB, but there are other elements that do have positive and significant effects. Deals advancement and the use of electronic wallets as well prepared to direct and make the stronger interaction between website quality and OIBB.
{"title":"HOW WEBSITE QUALITY AFFECTS ONLINE IMPULSE BUYING WITH REFERENCE TO SALES PROMOTION STRATEGIES","authors":"Prince Singh, Bharti Shukla","doi":"10.55955/230005","DOIUrl":"https://doi.org/10.55955/230005","url":null,"abstract":"In addition to looking at how site quality affects OIBB, this study also looked at how to deal with advancements and to know the use of electronic wallets which affect online business. The population studied in this study consists of customers who recently made impulsive purchases on the Flipkart, Amazon and other online ecommerce websites. With a survey that had its criteria modified using Google Form, the example size was 200 residents. It used a purposeful examining technique. As a tool for gathering information, online questionnaire is sent to respondents. The findings shown that OIBB was strongly impacted simultaneously by site quality, deals advancement, and computerised wallet use. Deals progressing don't significantly affect OIBB, but there are other elements that do have positive and significant effects. Deals advancement and the use of electronic wallets as well prepared to direct and make the stronger interaction between website quality and OIBB.","PeriodicalId":477004,"journal":{"name":"Sachetas","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136042598","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}
The financial markets have been significantly impacted by the global COVID-19 epidemic due to international lockdowns and decreased demand, which has further exacerbated the economic situation, including a decline in crude oil prices. The country has experienced economic consequences as a result of the coronavirus and subsequent lockdown measures. The Dow Jones Industrial Average (DJIA) is a price-weighted stock market index that tracks 30 major companies listed on US stock exchanges. While the DJIA is a widely recognized equity index, some professionals argue that it may not provide a comprehensive representation of the overall US stock market compared to larger indices such as the S&P 500 or Russell 2000 Index. This study aims to assess the impact of the stock market shutdown caused by COVID-19. Specifically, it investigates the extent to which the lockdown measures have affected the US stock market and whether there are any differences in market reactions before and after the onset of the pandemic. By comparing the performance of the DJIA index before and after COVID-19, the study aims to uncover the level of influence experienced.
{"title":"COMPARATIVE ANALYSIS OF THE US STOCK MARKET PERFORMANCE: PRE AND POST COVID-19","authors":"Mahendra Prajapati","doi":"10.55955/230004","DOIUrl":"https://doi.org/10.55955/230004","url":null,"abstract":"The financial markets have been significantly impacted by the global COVID-19 epidemic due to international lockdowns and decreased demand, which has further exacerbated the economic situation, including a decline in crude oil prices. The country has experienced economic consequences as a result of the coronavirus and subsequent lockdown measures. The Dow Jones Industrial Average (DJIA) is a price-weighted stock market index that tracks 30 major companies listed on US stock exchanges. While the DJIA is a widely recognized equity index, some professionals argue that it may not provide a comprehensive representation of the overall US stock market compared to larger indices such as the S&P 500 or Russell 2000 Index. This study aims to assess the impact of the stock market shutdown caused by COVID-19. Specifically, it investigates the extent to which the lockdown measures have affected the US stock market and whether there are any differences in market reactions before and after the onset of the pandemic. By comparing the performance of the DJIA index before and after COVID-19, the study aims to uncover the level of influence experienced.","PeriodicalId":477004,"journal":{"name":"Sachetas","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136042891","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}
Systematic Investment Plan (SIP) is an attractive investment avenue offered by mutual funds in India. In the course of time, SIPs have witnessed significant growth in India, with a considerable increase in the number of SIP accounts and the total amount invested through SIPs both. Investors recognized SIPs in achieving the long- term financial goal and wealth creation tool. The present study aims to investigate the awareness level of investment major financial objectives and factors influencing through systematic plans in mutual funds among people residing in North Ahmedabad. The study employs a quantitative research design, utilizing a structured questionnaire survey to collect data from a sample of residents in North Ahmedabad. The survey comprises of varied factors, including demographic insight, awareness of mutual funds, investment with systematic investment plans (SIPs), objectives of investment in SIP and the factors influencing investment decisions. The results depicted that investors have heterogenous preferences and diverse levels of importance for each factor and investors perceive investment decisions for future prosperity and stability of their families. The research outcomes can benefit investors, financial institutions, and policymakers by boosting their familiarity of the investment preferences and awareness levels of individuals residing in North Ahmedabad. This information can assist in the development of targeted educational initiatives i.e. investor awareness campaigns (IAP), and the design of financial offerings designed to the specific demands and inclinations of the potential investors.
{"title":"A STUDY ON AWARENESS LEVEL OF INVESTMENT THROUGH SYSTEMATIC PLANS IN MUTUAL FUNDS AMONGST PEOPLE RESIDING IN NORTH AHMEDABAD","authors":"Komal Sharma, Prashant Joshi","doi":"10.55955/230003","DOIUrl":"https://doi.org/10.55955/230003","url":null,"abstract":"Systematic Investment Plan (SIP) is an attractive investment avenue offered by mutual funds in India. In the course of time, SIPs have witnessed significant growth in India, with a considerable increase in the number of SIP accounts and the total amount invested through SIPs both. Investors recognized SIPs in achieving the long- term financial goal and wealth creation tool. The present study aims to investigate the awareness level of investment major financial objectives and factors influencing through systematic plans in mutual funds among people residing in North Ahmedabad. The study employs a quantitative research design, utilizing a structured questionnaire survey to collect data from a sample of residents in North Ahmedabad. The survey comprises of varied factors, including demographic insight, awareness of mutual funds, investment with systematic investment plans (SIPs), objectives of investment in SIP and the factors influencing investment decisions. The results depicted that investors have heterogenous preferences and diverse levels of importance for each factor and investors perceive investment decisions for future prosperity and stability of their families. The research outcomes can benefit investors, financial institutions, and policymakers by boosting their familiarity of the investment preferences and awareness levels of individuals residing in North Ahmedabad. This information can assist in the development of targeted educational initiatives i.e. investor awareness campaigns (IAP), and the design of financial offerings designed to the specific demands and inclinations of the potential investors.","PeriodicalId":477004,"journal":{"name":"Sachetas","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136042894","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}
Purpose: Several exploratory, conceptual, and empirical studies on investing behaviour and financial literacy have been undertaken in economics, finance, psychology, business, and management. However, no attempt has been undertaken thus far to offer a full scientific mapping of the area. As a result, the study attempts to elicit the tendency in the scientific sector via the synthesising of information structures. Design & Methodology: A bibliometric study of 420 papers in the area on financial literacy as well as investments research was conducted using a scientific search method ran on the scopus database from 2002 to 2022. The study made use of Biblioshiny, a web-based application contained in the Bibliometrix package written in R (Ariaa and Cuccurullo, 2017). Using the software's automated process, notable journals, authors, nations, articles, and topics were discovered, and citation, co-citation, and social network analyses were performed. Findings: The findings indicate that the topics of financial literacy with investment have grown through time as a multidisciplinary discipline. In addition to the conceptual structure, the present study discloses the domain's intellectual and social structure. This study sheds light on issues that require additional exploration. Research Limitations: Because the current study is a bibliometric analysis, the limitations associated with such studies apply. A comprehensive study of the literature might be beneficial for future scholars in developing a robust conceptual framework. The Scopus database was used for this study because it has a greater coverage of high-quality publications in structured forms that are compatible with the Bibliometrix programme. The quality and extent of the current literature limit the scope of the review. The methodology and populations analysed in the papers that make up the review differ, limiting the ability to be generalised of the findings. Practical Implications: The current study sheds light on financial literacy, investments, and their interrelationships. It emphasises the most addressed challenges in the field and points to potential study opportunities. It educates future scholars about emerging topics, settings, and cooperation opportunities in this field by showing the domain's social and intellectual structure. Social Implications: The review has important social implications, as investment has significant implications for individual and societal welfare. Improving financial literacy and investment behavior can enhance financial well-being, reduce inequality, and promote economic growth. Originality/Value: This study gives a detailed summary of existing financial literacy and investment information on global Level. The study synthesises a wide range of studies, finds similar patterns, and offers insights into the variables influencing investing behaviour.
{"title":"EXPLORING THE EVOLUTION OF FINANCIAL LITERACY AND INVESTMENT: A BIBLIOMETRIC ANALYSIS OF THE PAST DECADES’ ACADEMIC LITERATURE","authors":"Sushma V, Vinay Joshi","doi":"10.55955/230001","DOIUrl":"https://doi.org/10.55955/230001","url":null,"abstract":"Purpose: Several exploratory, conceptual, and empirical studies on investing behaviour and financial literacy have been undertaken in economics, finance, psychology, business, and management. However, no attempt has been undertaken thus far to offer a full scientific mapping of the area. As a result, the study attempts to elicit the tendency in the scientific sector via the synthesising of information structures. Design & Methodology: A bibliometric study of 420 papers in the area on financial literacy as well as investments research was conducted using a scientific search method ran on the scopus database from 2002 to 2022. The study made use of Biblioshiny, a web-based application contained in the Bibliometrix package written in R (Ariaa and Cuccurullo, 2017). Using the software's automated process, notable journals, authors, nations, articles, and topics were discovered, and citation, co-citation, and social network analyses were performed. Findings: The findings indicate that the topics of financial literacy with investment have grown through time as a multidisciplinary discipline. In addition to the conceptual structure, the present study discloses the domain's intellectual and social structure. This study sheds light on issues that require additional exploration. Research Limitations: Because the current study is a bibliometric analysis, the limitations associated with such studies apply. A comprehensive study of the literature might be beneficial for future scholars in developing a robust conceptual framework. The Scopus database was used for this study because it has a greater coverage of high-quality publications in structured forms that are compatible with the Bibliometrix programme. The quality and extent of the current literature limit the scope of the review. The methodology and populations analysed in the papers that make up the review differ, limiting the ability to be generalised of the findings. Practical Implications: The current study sheds light on financial literacy, investments, and their interrelationships. It emphasises the most addressed challenges in the field and points to potential study opportunities. It educates future scholars about emerging topics, settings, and cooperation opportunities in this field by showing the domain's social and intellectual structure. Social Implications: The review has important social implications, as investment has significant implications for individual and societal welfare. Improving financial literacy and investment behavior can enhance financial well-being, reduce inequality, and promote economic growth. Originality/Value: This study gives a detailed summary of existing financial literacy and investment information on global Level. The study synthesises a wide range of studies, finds similar patterns, and offers insights into the variables influencing investing behaviour.","PeriodicalId":477004,"journal":{"name":"Sachetas","volume":"235 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135804657","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}
"Let's face it: in the age of Google and Wikipedia, the university and, most likely, secondary school business models will have to alter. We cannot make a life selling truth anymore. They are instantly accessible with the click of a mouse" (Firenstein, 2013). Despite information technology's long history as a major field of study, the last decade has seen a dramatic shift in the field's focus due to the rise of the Internet. To account for the dramatic developments across both technologies and their settings, many researchers have investigated and presented models and theories of technology adoption to anticipate and explicate user behaviour with technology. Most of these theories and models were created in the United States, and each one proposes a unique collection of determinants and moderators. Thus, it is questioned if the models and theories of technology acceptance developed, adapted, and extended in the United States are applicable in other nations, particularly India. Additionally, it is speculated that other potential determinants and moderators may also play significant roles in this setting. This paper (1) reviewed literature in regards to prominent theories and models; (2) reviewed previous literature about IT acceptance and usage within four contexts of study; and (3) concluded that using the Internet helps in improving academics' professional practices. In the research model, there are five main factors that influence usage and up to nine others that moderate important associations. Perceived utility, perceived ease of use, and self-efficacy were found to be the most important factors in determining usage behaviour in the classroom. Usefulness and self-efficacy were two primary characteristics that strongly predicted usage behaviour across different activities. In conclusion, usage patterns were a major factor in shaping future behaviour. Key drivers of using behaviour were also moderated by three factors: age, e-university plan, and reading and writing proficiency. There were just two moderators that affected the impact of usage behaviour on behaviour intention, and those were age and intended university research. Gender, degree of education, academic rank, years of experience, and fluency in India had no effect on the impact of the major determinants on usage behaviour, and usage behaviour had no effect on the impact of the intention to change. Practitioners may benefit from a deeper familiarity with the model in order to better understand the factors contributing to users' reluctance to adopt the technology and to develop more effective strategies for boosting its widespread adoption and use.
{"title":"THE ROLE OF HIGHER EDUCATION IN MOULDING THE FUTURE WORKFORCE AND THE SIGNIFICANCE OF TECHNOLOGICAL ADAPTATION TO THE SERVICE SECTOR'S GROWTH","authors":"Manisha Manchanda, None Jyotsna","doi":"10.55955/230002","DOIUrl":"https://doi.org/10.55955/230002","url":null,"abstract":"\"Let's face it: in the age of Google and Wikipedia, the university and, most likely, secondary school business models will have to alter. We cannot make a life selling truth anymore. They are instantly accessible with the click of a mouse\" (Firenstein, 2013). Despite information technology's long history as a major field of study, the last decade has seen a dramatic shift in the field's focus due to the rise of the Internet. To account for the dramatic developments across both technologies and their settings, many researchers have investigated and presented models and theories of technology adoption to anticipate and explicate user behaviour with technology. Most of these theories and models were created in the United States, and each one proposes a unique collection of determinants and moderators. Thus, it is questioned if the models and theories of technology acceptance developed, adapted, and extended in the United States are applicable in other nations, particularly India. Additionally, it is speculated that other potential determinants and moderators may also play significant roles in this setting. This paper (1) reviewed literature in regards to prominent theories and models; (2) reviewed previous literature about IT acceptance and usage within four contexts of study; and (3) concluded that using the Internet helps in improving academics' professional practices. In the research model, there are five main factors that influence usage and up to nine others that moderate important associations. Perceived utility, perceived ease of use, and self-efficacy were found to be the most important factors in determining usage behaviour in the classroom. Usefulness and self-efficacy were two primary characteristics that strongly predicted usage behaviour across different activities. In conclusion, usage patterns were a major factor in shaping future behaviour. Key drivers of using behaviour were also moderated by three factors: age, e-university plan, and reading and writing proficiency. There were just two moderators that affected the impact of usage behaviour on behaviour intention, and those were age and intended university research. Gender, degree of education, academic rank, years of experience, and fluency in India had no effect on the impact of the major determinants on usage behaviour, and usage behaviour had no effect on the impact of the intention to change. Practitioners may benefit from a deeper familiarity with the model in order to better understand the factors contributing to users' reluctance to adopt the technology and to develop more effective strategies for boosting its widespread adoption and use.","PeriodicalId":477004,"journal":{"name":"Sachetas","volume":"99 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135804855","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}
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