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10 result(s) for "Job Rodrigo-Alarcón, University of Castilla-La Mancha: Universidad de Castilla-La Mancha, Spain"
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Environmental, social, and governance (ESG) disclosure and firm value: the role of competitive advantage as a mediator
Previous research has examined the relationship between ESG disclosure and firm value, but it has yet to fully explain how the former can increase the latter. Thus, the current study aims to fill the research gap by analyzing the relationship between ESG disclosure and firm value with competitive advantage as a mediating variable. This research was conducted in Indonesia on the ground that Indonesia is a developing country with a great potential for an increased economy even though its ESG implementation is still less optimal. This study employed the purposive sampling method with the criteria that the companies to be included as the sample were non-financial companies listed on the IDX and were consistent in disclosing ESG and publishing their financial reports. The sample of this study comprised 42 non-financial companies in Indonesia within the 2015–2021 period, with a total of 252 observations were conducted. The data were analysed using PLS-SEM with WarpPLS 7.0 to test hypotheses and draw conclusions. The findings showed that ESG disclosure did not affect firm value. However, when competitive advantage was included as a mediating variable in the relationship between the two variables, the results showed a significant positive direction toward firm value. This research contributes to the practical implications and development of signal theory and resource theory, especially in accounting and sustainability disciplines in the context of non-financial companies.In creating corporate sustainability, information about corporate responsibility in managing business is required. This information consists of environmental, social, and governance (ESG) aspects. Indonesia is a country that is committed to ESG criteria as evidenced by the Indonesia Stock Exchange (IDX) joining the Sustainable Stock Exchange Initiative. This research shows that ESG disclosure is able to make a positive contribution to competitive advantage, leading to an increase in firm value. Thus, it is recommended for companies to optimize ESG disclosure. Not only does it help companies meet the regulatory standards set by a country, it also enables them to meet stakeholders’ demand for social balance and environmental sustainability.
Analysing the impact of post-pandemic factors on entrepreneurial intentions: the enduring significance of self-efficacy in student planned behaviour
After the pandemic, there has still been an increased interest in examining university students’ entrepreneurial goals. In this study, we looked at the practicality and validity of using self-efficacy to broaden the theory of planned behavior (TPB) in assessing students’ intent to be entrepreneurs. Additionally, we looked at how students’ geographic location and gender affected their plans to start their businesses. Following the epidemic, we analyzed data obtained from a number of university students in both urban and rural regions of India using PLS-SEM and ANN methods. Our study confirmed the pivotal role that university students’ self-efficacy had in their entrepreneurial goals. The results of multi-group analysis (MGA) reported the insignificant moderating role of gender for the students’ entrepreneurial intentions. Still, they found a statistically significant difference in their said behavior control for entrepreneurial intentions regarding location. Based on their perceived behavioral control, the findings also suggest that youths in rural areas had lower entrepreneurial inclinations than urban students. The study indicated that considering the importance of student self-efficacy, universities should focus on improving students’ skill sets and problem-solving mindsets while constructing education courses.
Investigating young consumer’s boycott behavior in an emerging market
This paper evaluates young consumers’ motivation in boycotting foreign products and brands in an emerging market. The study was conducted in Indonesia which is well-known for devout, religious citizens, using a mixed method. Twenty young people (aged 18–24 years old) interviewees with equal numbers of Muslims and non-Muslims were part of the initial qualitative phase. In the quantitative phase, a total of n = 383 respondents, which included 244 young Muslims and 139 young non-Muslims in Indonesia, participated in the online survey. This study compared consumers’ motivation, of young Muslims and young non-Muslims, in boycotting foreign products and brands in an emerging market. The results showed that young consumers’ reasons for participating in boycotts are not solely religious. Other motives included animosity, health consciousness, peer pressure, ethnocentrism, self-enhancement, and attitude. Additionally, this study evaluated the moderating effect of religiosity. The results signified that for young Muslim respondents, religiosity did not moderate the relationship between animosity, health consciousness, peer pressure, ethnocentrism, self-enhancement, attitude toward boycott as well as their intention to boycott foreign products. For young non-Muslim customers, religiosity moderates their ethnocentrism and attitude. The significant effects of young non-Muslim customers’ motives to boycott foreign products were only due to ethnocentrism and attitude toward boycott. These results are useful for marketers targeting young consumers in an emerging market economy. Marketing strategies to prevent young Muslim and non-Muslim consumers from boycotting a product/brand are discussed.This paper talks about some possible reasons behind boycott behaviour of young consumers. It compares young Muslims and non-Muslim consumers’ intention to boycott foreign products Indonesia. There are some important factor such as animosity, health consciousness, peer pressure, ethnocentrism, self-enhancement, and attitude. In brief, this study offers some boycott reasons that marketers should be aware of either rationality such as healthy life style or ‘irrational behavior’ such as animosity. Social media makes the boycott calling and activities become much easier from time to time. Consequently, marketer should pay their attention to potentially viral issues in social media especially related to anger or disapproval about activities surrounding a brand because it may lead into boycott intention.
The impact of innovation on exports of Vietnamese manufacturing and processing enterprises: the moderating role of environmental uncertainty
This study investigates the impact of innovation dimensions on the export activities of Vietnamese manufacturing and processing enterprises, considering the moderating role of environmental uncertainty. By applying the Probit Effect Random Regulatory Model (RE Probit) and xtTobit, the study utilizes three different sources of secondary data in the period 2016–2019: the General Statistics Office (GSO)’s annual enterprise census, the Survey on the use of technology in the production of manufacturing and processing companies by GSO, and the Provincial Competitiveness Index (PCI) of the Vietnam Chamber of Commerce and Industry (VCCI) to determine the correlation between the research variables. The research findings demonstrate that innovation positively affects both the propensity and intensity of exports. Specifically, when compared to non-innovative firms, those that prioritize innovation observe a notable 12.4% increase in export propensity and a 1.4% enhancement in export intensity. Moreover, the study highlights the moderating role of environmental uncertainty, encompassing challenges related to basic infrastructure, transport infrastructure, communication infrastructure, and institutional environment, in mitigating the impact of innovation on export outcomes. These results provide a comprehensive understanding of how process and product innovation affect export propensity and intensity while considering the complexities introduced by environmental uncertainty. Consequently, the study offers several implications that can aid policymakers in enhancing export performance, particularly in dynamic and changing environments.This research investigates the impact of innovation on the exports of Vietnamese manufacturing and processing enterprises, specifically looking at how environmental uncertainty moderates this relationship. Innovation is a notable driver of economic growth and development and affects the ability to compete in global markets, especially for firms in Vietnam - an emerging economies country with various changes. Therefore, by examining the moderating role of environmental uncertainty, the study broadens our understanding of the conditions under which innovation is most effective in boosting exports. The findings of this research are important for policymakers, business leaders, and anyone interested in understanding how innovation can contribute to the growth and success of businesses in Vietnam and other emerging economies.
Open innovation in village-owned enterprises: the role of entrepreneurial orientation in improving financial and social performance
Unresolved issue regarding the role of entrepreneurial orientation in improving the financial and social performance of village-owned enterprises, as well as the importance of mediating the effect of open innovation, is the reason why this study was undertaken. The study involved 200 village-owned enterprises from 10 regencies in Central Java and Yogyakarta, Indonesia, and employed a purposive sampling method for data collection. Data analysis was conducted using SEM AMOS version 23. The results show that entrepreneurial orientation has an effect on financial performance and open innovation, but has no significant effect on social performance. Open innovation has a significant effect on social performance and financial performance. The research also supports the notion that open innovation acts as a mediator in the relationship between entrepreneurial orientation and financial and social performance. Therefore, the study recommends that village-owned enterprises should focus on increasing open innovation to improve performance, particularly in the social sphere, and that they should strive to retain managers with a high level of entrepreneurial orientation.The growth of BUMDes in tourism and trade has played an important role in creating jobs in the village, driving regional economic growth, and serving as a tool in reducing poverty in the village. BUMDEs as social enterprises in villages that have a vision to maximize profits while still providing social and environmental impacts. BUMDes is a social enterprise, having a vision of maximizing profits while providing social and environmental impacts. This study focuses on BUMDEs by looking at the potential and advantages of the village, because generally tourism and trading villages have potential in natural resources. Open innovation is expected to be a new energy for BUMDEs to make changes with new approaches and methods. It includes optimising internal resources and developing knowledge and experience from external sources. Open innovation encourages BUMDEs not only to rely on internal strengths, but also to increase opportunities for collaboration (partnership practices). Studies show that open innovation provides answers for BUMDEs to improve their social and financial performance. In addition, it is important for BUMDEs to be managed by managers with a strong entrepreneurial orientation who have persistence at work, proactive work behavior, competitive aggressiveness, courage to take measured risks, and innovativeness.
Organisational trust, commitment and turnover intention in employees of domestic and foreign banks in Ghana
The study examined the relationship between organisational trust, organisational commitment and turnover intention among employees of banks in Ghana. Participants were drawn from both domestic banks and foreign-owned banks. A cross-sectional research design was adopted for this study and a sample of 128 participants was conveniently selected for the study. A set of questionnaires measuring organisational trust, organisational commitment and turnover intention were administered to the participants. Analysis of the data revealed a significant negative relationship between organisational trust and turnover intention. Also, a significant negative relationship between organisational commitment and turnover intention was observed. Organisational commitment was identified as the only significant predictor of turnover intention and accounted for 43.6% of the variance in turnover intention. Further analysis showed that the affective component (β = −.374, p < .001) accounted for the most strength in reducing turnover intention than the continuance (β = −.246, p < .01) and normative components (β = −.245, p < .001). Organisational commitment was found to be significantly higher in foreign banks than in domestic banks. The turnover intention was significantly higher in domestic banks than in foreign banks. Concerning organisational trust, no significant difference was observed between domestic and foreign banks. Relevant stakeholders in the banking sector need to pay attention to the significant roles of organisational trust and organisational commitment in mitigating the turnover intentions of their employees.
Exchange rates convergence in ECOWAS: WAMZ and WAEMU analysis on frequency time domains
This study explores the interdependence of exchange rates between the West African Monetary Zone and the West African Economic and Monetary Union countries using monthly data from 2000 to 2021. Employing wavelet multiple correlation and wavelet multiple cross-correlation by Fernando-Macho, we generally uncovered low degrees of integration between the two blocs at higher frequencies, but the level of integration gradually becomes stronger as it navigates from higher a frequency (lower scale) to a lower frequency (higher scale). This implies that ex-ante convergence of exchange rates is difficult; however, in the long time horizon, exchange rate convergence is possible. Evidence from cross-correlation analysis shows that lead (lag) effects is time-varying and heterogeneous, showing no particular country’s exchange rates as leaders or followers. Different currencies have the potential to lead or lag on varying scales. These results suggest that member states establish a regional surveillance mechanism that can monitor macroeconomic indicators in the region. The effective implementation of this mechanism can aid in identifying macroeconomic imbalances and potential risks to macroeconomic stability and convergence.Exchange rate comovement is important for guaranteeing the introduction of a single currency. This is not different from the Economic Community of West African States (ECOWAS). The region seeks to accomplish this by developing robust and sound policies that ensure the synchronization of exchange rates. This study examines the comovements of exchange rates between WAMZ and the WAEMU countries. The results show that the ex-ante convergence of exchange rates is difficult for the region; however, in the long time horizon, exchange rate convergence is possible. Evidence from cross-correlation analysis shows that lead (lag) effects is time-varying and heterogeneous, showing no particular country’s exchange rate as leader or follower. The study recommends that the heads of states of ECOWAS consider the introduction of the ‘eco’ ex-post because exchange rates can converge in the long run.
Customer orientation, open innovation and enterprise performance, evidence from Ethiopian SMEs
The objective of this study was to examine the significance of customer-orientation for open innovation and performance of the SMEs. Explanatory research design and multi-stage sampling were used to acquire both primary and secondary data from the study area. The study used structural equation modeling (SEM) to examine the data and research hypotheses in the suggested structural regression model based on the empirical data of 321 SMEs operating in the study area. The SEM results indicated that small and medium-sized enterprises with higher level of customer orientation are more innovative in their performance. The findings also showed that open innovation partially mediated the relationship between consumer orientation and enterprise performance. Hence, the study found that customer orientation creates better value through open innovation, having an indirect effect on the performance of SMEs. The study’s findings suggest that enterprise performance can be realized by implementing business strategies that prioritize customer requirements and satisfaction. SMEs can leverage customer insights to create customer-focused innovation strategies that spread acquired knowledge and new ideas throughout internal decision-making processes, ultimately enhancing open innovation and performance of SMEs.
Exploring interpersonal conflicts within the JD-R model: aggregation and validation in the context of elementary school employees in Croatia
This study aims to enhance the Job Demand-Resources (JD-R) model by incorporating the aggregation approach and addressing the research gap concerning interpersonal conflicts within this framework. Building on the theoretical background and placing interpersonal conflicts in the JD-R framework, we adopted a quantitative research design, utilizing a structured probabilistic sample of 343 elementary school employees in Croatia who responded to the COPSOQ III questionnaire distributed online. Furthermore, validating the COPSOQ III questionnaire in Croatian ensures the relevance and applicability of the findings in this cultural context. We employed Partial Least Squares Structural Equation Modeling (PLS-SEM) to test the proposed model and establish a second-level higher-order model, assessing and analyzing the relationships within the JD-R model. The results indicate that conflicts and quarrels, as proxies for interpersonal conflicts, thrive when perceived job resources are high, and job demands are low, leading to improved health outcomes. These findings suggest that interpersonal conflicts may serve as a mechanism for mobilizing resources to cope with job demands, emphasizing the importance of effectively managing conflicts for healthier and more productive work relationships and environment.Dive into the intriguing world of Croatian elementary schools, where our study reveals a surprising twist: conflicts among elementary school employees aren’t always a sign of trouble. In fact, they can be a secret weapon for stress relief and better health. We’ve uncovered that not all conflicts are harmful; some can act as cathartic events, helping to resolve tensions and improve well-being, transforming the school environment for the better. Interpersonal conflicts may serve as a mechanism for mobilizing resources to cope with job demands, emphasizing the importance of effectively managing conflicts for healthier and more productive work relationships and environment. Our research sheds new light on the delicate balance of job demands and resources in education, offering a fresh perspective on how to foster a more harmonious and productive workplace. It’s not just about reducing conflicts but understanding their hidden potential.
The role of women in improving the welfare of their families to improve their conditions during the COVID-19 pandemic in Indonesia
The study aimed to analyze women’s roles in stabilizing their families to improve their conditions during the pandemic. Women have encountered setbacks as they take care of their families in the wake of the pandemic that has adversely affected people’s livelihoods. It employs qualitative research methods and a descriptive study design to ascertain the role women play in improving the welfare of their families during the pandemic. It employs online survey questions and virtual interviews to collect data from a sample size of 100 randomly selected women. The study reveals that women play essential roles in enhancing the hygiene and cleanliness of their homes and children throusgh sanitization and regular washing of hands. They also take leadership and headship of the family following the incapacitation of their spouses by the COVID-19 disease; provide for the family’s basic needs, and provide psycho-social support as caregivers to their affected and infected family members. There is also a need to assist women struggling to protect the interest of their family and their livelihoods during the pandemic to emancipate them from the hurdles that have for a long time hindered them from realizing improved living standards.