Small and Medium Enterprises (SMEs) play a critical role in any emerging economy. These sectors are now considered as the main engine of the economy in Bangladesh. The principal objective of this study is to identify, measure and compare the impact of some selected determinants on SMEs performance in Bangladesh. The study employed qualitative interviews with the owners/employees of SMEs dealing with i) Tailoring ii) Flower cultivation iii) Restaurant business iv) Auto rice mill business v) Jewelry vi) Nursery vii) Clinic business 8. Handicrafts business ix) Rice cultivation and x) Banana cultivation in Jhenaidah district of Bangladesh. This is a survey-based study and the data were collected from 101 respondents using a structured questionnaire. The data collected for the study have been processed using MS Excel 2007. This study examined six determinants such as entrepreneurial competency, marketing capability, financial resources, modern technology, product quality, and investment capacity to determine the SMEs’ performance in terms of profit. Seven hypotheses were developed to reach the objectives in the study. The collected primary data were analyzed by applying basic statistical tools. The results of the study revealed that the most significant determinants that affect the performance of SMEs in Bangladesh were entrepreneurial competency, financial resources and investment capacity respectively. Policymakers and owners of SMEs should take necessary steps in light of the findings of the study to improve the performance and ensure the sustainable growth of SMEs sectors in Bangladesh.
{"title":"Impact of Some Selected Determinants on SMEs Performance: A Study on Jhenaidah District of Bangladesh","authors":"Md. Ashraful Alam, Md. Abdul Hannan Shaikh","doi":"10.14738/abr.119.15425","DOIUrl":"https://doi.org/10.14738/abr.119.15425","url":null,"abstract":"Small and Medium Enterprises (SMEs) play a critical role in any emerging economy. These sectors are now considered as the main engine of the economy in Bangladesh. The principal objective of this study is to identify, measure and compare the impact of some selected determinants on SMEs performance in Bangladesh. The study employed qualitative interviews with the owners/employees of SMEs dealing with i) Tailoring ii) Flower cultivation iii) Restaurant business iv) Auto rice mill business v) Jewelry vi) Nursery vii) Clinic business 8. Handicrafts business ix) Rice cultivation and x) Banana cultivation in Jhenaidah district of Bangladesh. This is a survey-based study and the data were collected from 101 respondents using a structured questionnaire. The data collected for the study have been processed using MS Excel 2007. This study examined six determinants such as entrepreneurial competency, marketing capability, financial resources, modern technology, product quality, and investment capacity to determine the SMEs’ performance in terms of profit. Seven hypotheses were developed to reach the objectives in the study. The collected primary data were analyzed by applying basic statistical tools. The results of the study revealed that the most significant determinants that affect the performance of SMEs in Bangladesh were entrepreneurial competency, financial resources and investment capacity respectively. Policymakers and owners of SMEs should take necessary steps in light of the findings of the study to improve the performance and ensure the sustainable growth of SMEs sectors in Bangladesh.","PeriodicalId":72277,"journal":{"name":"Archives of business research","volume":"60 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135925493","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}
Israel Seriki Akinadewo, Saliu Al-Amen, Muyiwa Emmanuel Dagunduro, Jeremiah O. Akinadewo
Financial reporting is a critical aspect of business operations that enables companies to communicate relevant financial information to their stakeholders. The primary goal of financial reporting is to provide investors with information that can assist them in making informed investment decisions. Therefore, this study aimed to investigate the effect of financial reporting on the investment decisions of SMEs. The study made use of primary data. Primary data was collected using an interview guide and questionnaires, with respondents being those in charge of making investment decisions in the firm under study or their agents. The questionnaire included both closed-ended and Likert-type questions. 150 questionnaires were administered out of which 100 were completed and returned. In order to ensure the reliability of the measures used in this research, the researcher conducted a random re-test exercise within the population sample of the study. The study findings indicate that financial reporting has a significant impact on the investment decisions of SMEs. The comprehensive income statement, statement of financial position, cash flow statement, and the statement of changes in shareholder's equity were found to have a significant positive effect on investment decisions. This finding implies that investors consider the information contained in these financial statements when making investment decisions. The study results state the importance of including all financial statements in financial reporting, as each statement provides unique information that can be relevant to investors. The study therefore recommended among other things; The Nigerian government and regulatory bodies should strive to improve financial reporting standards for SMEs, SMEs in Nigeria should be encouraged to undergo financial literacy education to improve their understanding of financial statements, the government should provide incentives such as tax breaks and subsidies to SMEs that prepare and disseminate comprehensive financial report.
{"title":"Empirical Assessment of the Effect of Financial Reporting Components on Investment Decisions of Small and Medium Enterprises in Nigeria","authors":"Israel Seriki Akinadewo, Saliu Al-Amen, Muyiwa Emmanuel Dagunduro, Jeremiah O. Akinadewo","doi":"10.14738/abr.119.15449","DOIUrl":"https://doi.org/10.14738/abr.119.15449","url":null,"abstract":"Financial reporting is a critical aspect of business operations that enables companies to communicate relevant financial information to their stakeholders. The primary goal of financial reporting is to provide investors with information that can assist them in making informed investment decisions. Therefore, this study aimed to investigate the effect of financial reporting on the investment decisions of SMEs. The study made use of primary data. Primary data was collected using an interview guide and questionnaires, with respondents being those in charge of making investment decisions in the firm under study or their agents. The questionnaire included both closed-ended and Likert-type questions. 150 questionnaires were administered out of which 100 were completed and returned. In order to ensure the reliability of the measures used in this research, the researcher conducted a random re-test exercise within the population sample of the study. The study findings indicate that financial reporting has a significant impact on the investment decisions of SMEs. The comprehensive income statement, statement of financial position, cash flow statement, and the statement of changes in shareholder's equity were found to have a significant positive effect on investment decisions. This finding implies that investors consider the information contained in these financial statements when making investment decisions. The study results state the importance of including all financial statements in financial reporting, as each statement provides unique information that can be relevant to investors. The study therefore recommended among other things; The Nigerian government and regulatory bodies should strive to improve financial reporting standards for SMEs, SMEs in Nigeria should be encouraged to undergo financial literacy education to improve their understanding of financial statements, the government should provide incentives such as tax breaks and subsidies to SMEs that prepare and disseminate comprehensive financial report.","PeriodicalId":72277,"journal":{"name":"Archives of business research","volume":"22 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135925644","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}
Internet technology can have a positive impact on companies in helping the effectiveness and efficiency of company operations, such as faster information delivery, more up to date receiving information, reduced production time and more efficient service delivery. This study aims to analyze the work environment and workload on cyberloafing behavior and employee performance at the Tangerang I State Property and Auction Service Office. The population in this study was 30 employees. The sample used was all 30 employees, namely the saturated sample. The data collection method uses a survey method, with the research instrument being a questionnaire. The data analysis method uses Partial Least Square. The analysis used in this research is quantitative analysis using data collection methods through questionnaires. Structural equation modeling (SEM) is used as an analysis method and Smart PLS is used as an analysis tool. Findings: The work environment has a positive and significant effect on Employee performance, workload has a negative and significant effect on employee performance. The work environment and workload have a positive and significant effect on Cyberloafing. Meanwhile, cyberloafing has a negative and significant effect on employee performance.
{"title":"Don’t Be Afraid to Change: Work Environment and Workload Affects Cyberloafing Behavior","authors":"Irfan Noviandy Aulia, Subur Karyatun, Rafi Ramadhan Hidayat, Mochamad Soelton","doi":"10.14738/abr.119.15471","DOIUrl":"https://doi.org/10.14738/abr.119.15471","url":null,"abstract":"Internet technology can have a positive impact on companies in helping the effectiveness and efficiency of company operations, such as faster information delivery, more up to date receiving information, reduced production time and more efficient service delivery. This study aims to analyze the work environment and workload on cyberloafing behavior and employee performance at the Tangerang I State Property and Auction Service Office. The population in this study was 30 employees. The sample used was all 30 employees, namely the saturated sample. The data collection method uses a survey method, with the research instrument being a questionnaire. The data analysis method uses Partial Least Square. The analysis used in this research is quantitative analysis using data collection methods through questionnaires. Structural equation modeling (SEM) is used as an analysis method and Smart PLS is used as an analysis tool. Findings: The work environment has a positive and significant effect on Employee performance, workload has a negative and significant effect on employee performance. The work environment and workload have a positive and significant effect on Cyberloafing. Meanwhile, cyberloafing has a negative and significant effect on employee performance.","PeriodicalId":72277,"journal":{"name":"Archives of business research","volume":"176 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135059336","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}
An investor makes investment decisions under conditions of uncertainty, i.e. when the effect of the investment cannot be predicted in advance. In order to achieve the desired outcome of the action, the decision-maker has to make a series of consecutive decisions. The decision-maker is guided by his or her own investment objective, and at each stage decides on an investment strategy. Depending on the strategy adopted, the investment returns can vary. Decisions related to giving the capital structure a target shape require a prior careful analysis of many factors, which are characterised by variability both in time and space. For this reason, it can be assumed that the capital structure is not fixed, as it changes according to the strength and direction of these factors. This article proposes a method for managing a company's capital level in a multi-stage decision-making process. For this purpose, the so-called recursive preferences of the decision-maker were used. A multi-stage model of capital management or the management of a given asset by an investor was considered. It was assumed that the dynamics of the capital level process from period to period is described by a certain recursive equation, which can be deterministic or stochastic.
{"title":"Dynamic Management of Capital Levels in a Company as a Multi-Stage Decision-Making Process","authors":"Danuta Seretna-Sałamaj, Agnieszka Szpara","doi":"10.14738/abr.119.15352","DOIUrl":"https://doi.org/10.14738/abr.119.15352","url":null,"abstract":"An investor makes investment decisions under conditions of uncertainty, i.e. when the effect of the investment cannot be predicted in advance. In order to achieve the desired outcome of the action, the decision-maker has to make a series of consecutive decisions. The decision-maker is guided by his or her own investment objective, and at each stage decides on an investment strategy. Depending on the strategy adopted, the investment returns can vary. Decisions related to giving the capital structure a target shape require a prior careful analysis of many factors, which are characterised by variability both in time and space. For this reason, it can be assumed that the capital structure is not fixed, as it changes according to the strength and direction of these factors. This article proposes a method for managing a company's capital level in a multi-stage decision-making process. For this purpose, the so-called recursive preferences of the decision-maker were used. A multi-stage model of capital management or the management of a given asset by an investor was considered. It was assumed that the dynamics of the capital level process from period to period is described by a certain recursive equation, which can be deterministic or stochastic.","PeriodicalId":72277,"journal":{"name":"Archives of business research","volume":"50 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135059504","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}
Corruption is recognized as a significant global challenge which remains unresolved, Nigeria inclusive. It continues to impede progress, economic growth, and social development. Also, Corruption have been the focus of ongoing literature discussion especially Sub-Saharan Africa, centering on the adverse effects of corruption, hindering post-pandemic recovery and efforts to address economic, ecological, and healthcare challenges. From literature, researchers focused on conventional audit as solution variable. This study, thereby, examined the effect of forensic accounting techniques on corruption in the public sector of South-West, Nigeria. The study adopted a survey research design. The population of the study comprised 395 staff working in the Anti-graft agencies and ministry and departmental agencies in South-West, Nigeria. A sample of 254 respondents was determined using the Krejcie and Morgan formula. The result of Cronbach's alpha was greater than 0.70 and the AVE was greater than 0.5, the adapted questionnaire was deemed reliable and valid to proceed for analysis. The paper used the two methods of statistics (descriptive statistics and inferential statistics) to analyse the data. Forensic accounting techniques had significant effect on corruption ( Adj R2 = 0.07, F (5, 220) = 4.77, p < 0.05). Audit quality and quality of governance significantly controlled the effect of forensic accounting techniques on corruption (Adj R2 = 0.07, F (7, 218) = 3.42; p < 0.05). The study concluded that forensic accounting techniques affected corruption in the public sector of South-West, Nigeria. It was recommended that the anti-graft agencies and Ministry and departmental agencies should integrate forensic accounting techniques into their processes in order to achieve transparency and accountability in the management of public funds. The governments of South-West, Nigeria must ensure to establish forensic accounting unit where trained expert are employed with attractive remuneration to carry out investigation cases of corruption to ensure enough evidence and facts are presented in courts for effective prosecution of such cases.
腐败被认为是尚未解决的重大全球挑战,包括尼日利亚在内。它继续阻碍进步、经济增长和社会发展。此外,腐败一直是正在进行的文献讨论的焦点,特别是撒哈拉以南非洲,其重点是腐败的不利影响,阻碍了大流行后的恢复和应对经济、生态和医疗保健挑战的努力。从文献来看,研究人员主要将常规审计作为解决变量。因此,这项研究审查了法务会计技术对尼日利亚西南部公共部门腐败的影响。本研究采用调查研究设计。研究对象包括395名在尼日利亚西南部反贪污机构和部级机构工作的工作人员。使用Krejcie和Morgan公式确定了254名受访者的样本。Cronbach’s alpha大于0.70,AVE大于0.5,认为改编后的问卷可靠有效,可以进行分析。本文运用统计学的两种方法(描述性统计和推理统计)对数据进行分析。法务会计技术对腐败有显著影响(Adj R2 = 0.07, F (5,220) = 4.77, p <0.05)。审计质量和治理质量显著控制法务会计技术对腐败的影响(Adj R2 = 0.07, F (7,218) = 3.42;p & lt;0.05)。该研究得出结论,法务会计技术影响了尼日利亚西南部公共部门的腐败。建议反贪污机构和各部及部门机构应将法务会计技术纳入其程序,以便在公共资金管理方面实现透明度和问责制。尼日利亚西南部政府必须确保建立法务会计单位,聘请训练有素的专家以有吸引力的报酬进行腐败案件的调查,以确保在法庭上提供足够的证据和事实,以有效起诉此类案件。
{"title":"Forensic Accounting Techniques and Corruption in the Public Sector of South-West, Nigeria","authors":"O Alao, F. F. Adegbie, G. O. Ogundajo","doi":"10.14738/abr.119.15467","DOIUrl":"https://doi.org/10.14738/abr.119.15467","url":null,"abstract":"Corruption is recognized as a significant global challenge which remains unresolved, Nigeria inclusive. It continues to impede progress, economic growth, and social development. Also, Corruption have been the focus of ongoing literature discussion especially Sub-Saharan Africa, centering on the adverse effects of corruption, hindering post-pandemic recovery and efforts to address economic, ecological, and healthcare challenges. From literature, researchers focused on conventional audit as solution variable. This study, thereby, examined the effect of forensic accounting techniques on corruption in the public sector of South-West, Nigeria. The study adopted a survey research design. The population of the study comprised 395 staff working in the Anti-graft agencies and ministry and departmental agencies in South-West, Nigeria. A sample of 254 respondents was determined using the Krejcie and Morgan formula. The result of Cronbach's alpha was greater than 0.70 and the AVE was greater than 0.5, the adapted questionnaire was deemed reliable and valid to proceed for analysis. The paper used the two methods of statistics (descriptive statistics and inferential statistics) to analyse the data. Forensic accounting techniques had significant effect on corruption ( Adj R2 = 0.07, F (5, 220) = 4.77, p < 0.05). Audit quality and quality of governance significantly controlled the effect of forensic accounting techniques on corruption (Adj R2 = 0.07, F (7, 218) = 3.42; p < 0.05). The study concluded that forensic accounting techniques affected corruption in the public sector of South-West, Nigeria. It was recommended that the anti-graft agencies and Ministry and departmental agencies should integrate forensic accounting techniques into their processes in order to achieve transparency and accountability in the management of public funds. The governments of South-West, Nigeria must ensure to establish forensic accounting unit where trained expert are employed with attractive remuneration to carry out investigation cases of corruption to ensure enough evidence and facts are presented in courts for effective prosecution of such cases.","PeriodicalId":72277,"journal":{"name":"Archives of business research","volume":"229 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135258734","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}
Quality human resources are human resources who have good knowledge, abilities, skills and attitudes at work. Entrepreneurs are human resources who are directly involved in carrying out their business activities. To create that, entrepreneurs need to get education, training and pay attention to their local culture so they can improve their performance in maintaining and developing their business. This is of course in line with the current phenomenon, where many businesses are bankrupt, closed, out of business in the current era of the Covid 19 pandemic, including in Minahasa Regency, where there are ± 250 young entrepreneurs involved in various different types of businesses affected by the outbreak. The purpose of this research is to analyze and study and develop a variable and instrument that is able to identify what influences the performance of young entrepreneurs in Minahasa Regency. The stages of the method used in the approach and achievement of this research are observation, identifying samples in this case respondents (entrepreneurs) in Minahasa Regency, using survey methods, distributing questionnaires and providing open-ended questions to get accurate results, then processing data and evaluate the results obtained for seminars and publication. After the results are obtained, the results of this study will make a positive contribution to all stakeholders (Academition, Businessman, Government)
{"title":"The Influence of Education, Training and Local Culture on the Performance of Young Entrepreneurs in the New Normal Era in Minahasa District","authors":"Irvan Trang, Hendra N. Tawas, Sri Murni","doi":"10.14738/abr.119.15396","DOIUrl":"https://doi.org/10.14738/abr.119.15396","url":null,"abstract":"Quality human resources are human resources who have good knowledge, abilities, skills and attitudes at work. Entrepreneurs are human resources who are directly involved in carrying out their business activities. To create that, entrepreneurs need to get education, training and pay attention to their local culture so they can improve their performance in maintaining and developing their business. This is of course in line with the current phenomenon, where many businesses are bankrupt, closed, out of business in the current era of the Covid 19 pandemic, including in Minahasa Regency, where there are ± 250 young entrepreneurs involved in various different types of businesses affected by the outbreak. The purpose of this research is to analyze and study and develop a variable and instrument that is able to identify what influences the performance of young entrepreneurs in Minahasa Regency. The stages of the method used in the approach and achievement of this research are observation, identifying samples in this case respondents (entrepreneurs) in Minahasa Regency, using survey methods, distributing questionnaires and providing open-ended questions to get accurate results, then processing data and evaluate the results obtained for seminars and publication. After the results are obtained, the results of this study will make a positive contribution to all stakeholders (Academition, Businessman, Government)","PeriodicalId":72277,"journal":{"name":"Archives of business research","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136071668","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}
This article explores the relationship between technological advancements, transnational capitalism, and the growing divide in global economic inequality. It analyzes how developed nations' dominance in technology research and innovation has contributed to the disproportionate distribution of wealth, productivity, and economic development. By examining data such as G7 countries' investments in research and development, accounting for over 88% of global expenditure, and their holding of over 90% of patents filed in 2014, the article highlights the intricate links between multinational corporations, technological diffusion, and global inequality. The findings reveal that the concentration of technological advancements in a few developed countries not only fuels global capitalism but also exacerbates the economic disparities between rich and poor nations. The article calls for a more equitable approach to technological development and diffusion to bridge this widening gap.
{"title":"Bridging the Gap or Widening the Divide? The Role of Technology in Global Economic Inequality","authors":"Abdulrhman Eshehri, Abdulrhman Alsoaery","doi":"10.14738/abr.91.15325","DOIUrl":"https://doi.org/10.14738/abr.91.15325","url":null,"abstract":"This article explores the relationship between technological advancements, transnational capitalism, and the growing divide in global economic inequality. It analyzes how developed nations' dominance in technology research and innovation has contributed to the disproportionate distribution of wealth, productivity, and economic development. By examining data such as G7 countries' investments in research and development, accounting for over 88% of global expenditure, and their holding of over 90% of patents filed in 2014, the article highlights the intricate links between multinational corporations, technological diffusion, and global inequality. The findings reveal that the concentration of technological advancements in a few developed countries not only fuels global capitalism but also exacerbates the economic disparities between rich and poor nations. The article calls for a more equitable approach to technological development and diffusion to bridge this widening gap.","PeriodicalId":72277,"journal":{"name":"Archives of business research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-09-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43373707","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 the contemporary business landscape, organisations around the world are increasingly giving priority to improving the work environment. This effort is seen as vital to the success or failure of the organisation, with many focusing on modern, innovative designs and the integration of social and recreational activities to create a more positive workplace. While these strategies aim to enhance employee satisfaction, productivity, and innovation by alleviating work stress and promoting a positive attitude, there is also discussion about the potential negative aspects of this culture of fun. The article will explore the pros and cons of these practices, review their impact on both employees and organisations, and include relevant examples.
{"title":"The Orgnisation Performance and the Culture of Fun: Review in Changing World","authors":"Abdulrhman Eshehri, Abdulrahman Alsoaery","doi":"10.14738/abr.88.15323","DOIUrl":"https://doi.org/10.14738/abr.88.15323","url":null,"abstract":"In the contemporary business landscape, organisations around the world are increasingly giving priority to improving the work environment. This effort is seen as vital to the success or failure of the organisation, with many focusing on modern, innovative designs and the integration of social and recreational activities to create a more positive workplace. While these strategies aim to enhance employee satisfaction, productivity, and innovation by alleviating work stress and promoting a positive attitude, there is also discussion about the potential negative aspects of this culture of fun. The article will explore the pros and cons of these practices, review their impact on both employees and organisations, and include relevant examples.","PeriodicalId":72277,"journal":{"name":"Archives of business research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-09-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45194639","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}
Microfinance (MF) and its institution’s contribution to poverty reduction, alleviation, and eradication through entrepreneurship has been a debatable issue until now. Especially some controversial roles of the traditional microfinance institutions in different ‘global south’ countries made the situation even more complicated and problematic. Some recent scientific studies and global media reports against the role of microfinance in reducing poverty have given us some space for thoughts on the role of traditional microfinance institutions in entrepreneurship development among rural women. However, many scientific studies and media reports have claimed that microfinance contributes to a reduction in poverty through entrepreneurship by traditional microfinance institutions or commercial banks. However, it is unclear if MF is the most efficient way to reduce poverty without the help of other additional procedures among the poverty-stricken people or areas such as education, politics, health, infrastructure, etc. In the current paper, a critical observation has been made on the roles of microfinance in entrepreneurship development among poor, marginalized women. A literature survey has been made using different sources, such as academic databases, media reports, I/NGO reports, etc. It was found that some of the women who have received loans through microcredit or microfinance institutions used the money for consumption; however, most of the women recipients used the loan for their entrepreneurial activities or businesses to change their financial condition and have successfully brought financial sustainability.
{"title":"Impact of Microfinance on Women’s Entrepreneurship","authors":"Champa Bosu","doi":"10.14738/abr.119.15439","DOIUrl":"https://doi.org/10.14738/abr.119.15439","url":null,"abstract":"Microfinance (MF) and its institution’s contribution to poverty reduction, alleviation, and eradication through entrepreneurship has been a debatable issue until now. Especially some controversial roles of the traditional microfinance institutions in different ‘global south’ countries made the situation even more complicated and problematic. Some recent scientific studies and global media reports against the role of microfinance in reducing poverty have given us some space for thoughts on the role of traditional microfinance institutions in entrepreneurship development among rural women. However, many scientific studies and media reports have claimed that microfinance contributes to a reduction in poverty through entrepreneurship by traditional microfinance institutions or commercial banks. However, it is unclear if MF is the most efficient way to reduce poverty without the help of other additional procedures among the poverty-stricken people or areas such as education, politics, health, infrastructure, etc. In the current paper, a critical observation has been made on the roles of microfinance in entrepreneurship development among poor, marginalized women. A literature survey has been made using different sources, such as academic databases, media reports, I/NGO reports, etc. It was found that some of the women who have received loans through microcredit or microfinance institutions used the money for consumption; however, most of the women recipients used the loan for their entrepreneurial activities or businesses to change their financial condition and have successfully brought financial sustainability.","PeriodicalId":72277,"journal":{"name":"Archives of business research","volume":"36 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136363373","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}
This research paper explores the dynamic landscape of managing diversity through Human Resource Management (HRM), focusing on the United States context. Evolving from a compliance concern to a strategic imperative, diversity plays a pivotal role in enhancing innovation, creativity, and problem-solving in contemporary workplaces. By aligning HRM practices with diversity initiatives, organizations can leverage the strengths of a heterogeneous workforce. The challenges posed by communication barriers, stereotypes, and resistance to change necessitate a strategic HRM approach. Tailored recruitment, training, performance management, and leadership development are key elements of this approach. Creating an inclusive organizational culture, facilitated by HRM through leadership commitment, anti-discrimination policies, and open communication, is pivotal. Legal and ethical considerations provide a foundation for this journey. The potential long-term benefits of effective diversity management include improved performance, innovation, talent attraction, and social responsibility. This paper underscores the importance of managing diversity through HRM as an investment in organizational success and a more inclusive society.
{"title":"Managing Diversity Through Human Resource Management: A USA Perspective and Conceptual Framework","authors":"Mohammad Ikbal Hossain","doi":"10.14738/abr.118.15417","DOIUrl":"https://doi.org/10.14738/abr.118.15417","url":null,"abstract":"This research paper explores the dynamic landscape of managing diversity through Human Resource Management (HRM), focusing on the United States context. Evolving from a compliance concern to a strategic imperative, diversity plays a pivotal role in enhancing innovation, creativity, and problem-solving in contemporary workplaces. By aligning HRM practices with diversity initiatives, organizations can leverage the strengths of a heterogeneous workforce. The challenges posed by communication barriers, stereotypes, and resistance to change necessitate a strategic HRM approach. Tailored recruitment, training, performance management, and leadership development are key elements of this approach. Creating an inclusive organizational culture, facilitated by HRM through leadership commitment, anti-discrimination policies, and open communication, is pivotal. Legal and ethical considerations provide a foundation for this journey. The potential long-term benefits of effective diversity management include improved performance, innovation, talent attraction, and social responsibility. This paper underscores the importance of managing diversity through HRM as an investment in organizational success and a more inclusive society.","PeriodicalId":72277,"journal":{"name":"Archives of business research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-09-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48456149","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}