165 research outputs found
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Does Structural Power Matter? Board Attributes and Firm Performance: Moderated by CEO Duality
Get PDFPurpose- The study investigates the moderating role of Chief Executive Officer Duality onboard attributes and firm performance of companies listed in Kenya.
Design/Methodology- The research used a longitudinal research design. Panel data were derived from published accounts for sixteen years that is from 2002-2017. IGLS regression models were used to test the hypothesis.
Findings- The empirical results indicated that the independence of the board, the size of the board, and the duration in which the board member served the organization positively influence the firm performance. However, CEO duality does not moderate the relationship.
Practical Implications- Regulatory bodies such as NSE and CMA in Kenya should ensure that listed firms have more independent directors serving a board, ensure a reasonable size of the board and increase the board tenure to enhance firm performance. Further, the combined roles of the CEO and chairman may not influence the efficiency of the board in the Kenyan context
Entrepreneurial Marketing Theory: Current Developments and Future Research Agenda
Get PDFPurpose- Entrepreneurial Marketing (EM) research has progressed rapidly over the last decade due to its effectiveness in highly competitive markets and uncertain conditions. However, the theory development in the EM domain is inadequate as yet. Due to this, the higher education institutions are also using outdated curricula to teach EM, as the new theories contribute towards the development of curricula. Thus, to assist in upgrading the EM curricula, we have examined the theory development over the last decade in the domain of EM.
Design/Methodology- A systematic and in-depth review and analysis of over a decade’s EM literature has been done.
Findings- Five major yet specific gaps are identified, and accordingly, we have proposed future research directions
Contributions of Working Conditions on Teachers’ Attitude in School Settings of Nepal
Get PDFPurpose- Working conditions play an important role in shaping the teachers’ attitude. In this context, this study intends to examine the effect of the working conditions on the teachers’ attitude.
Design/Methodology- Philosophically, this study is guided by post-positivist paradigm utilizing the survey design. The data in this study were collected from the teachers of community schools of the Kathmandu district using the questionnaire My Classroom Appraisal Protocol (MCAP). The collected data were analyzed using both descriptive and inferential statistics like mean, standard deviation, independent sample t-test and simple linear regression. Then, the derived findings were then interpreted and measured against the past studies and theories.
Findings- This study found significant difference in the attitude of the teachers who had satisfactory and unsatisfactory building conditions. Additionally, the study showed a moderate association between working condition and teachers’ attitude. Furthermore, this study concludes that the building condition of school plays a crucial role in shaping the teachers’ attitude. Finally, this study shows that there is a positive relationship between the working conditions and teachers’ attitude.
Practical Implications- This study is expected to be beneficial to school leaders and forthcoming researchers for making positive changes in the education system of Nepal
Empowering Leadership and Employee Creativity: The Mediating Role of Psychological Empowerment
Get PDFPurpose: This paper tried to examine the mediation effect of psychological empowerment between empowering leadership and employee creativity
Design/Methodology: This study referred to quantitative research design and used a paper-based online questionnaire to collect data from a sample of 65 employees drawn from an Information Technology company in Surabaya, Indonesia. This study used the SEM (Structural Equation Modeling) Partial Least Square analysis with saturated samples.
Findings: The results indicate that empowering leadership and psychological empowerment positively and significantly affect employee creativity. The results further reveal that psychological empowerment significantly mediating the relationship between empowering leadership and employee creativity.
Practical Implications: The findings of this study provide benefits for company leaders to identify learning solutions to practical solutions, motivate employees to come up with creative ideas, and empower employees. Mostly during challenging times such as during the COVID 19 pandemic, work must be done from home. The results of this study provide opportunities for leaders to produce techniques, policies, and strategies to increase employee creativity through motivation, direction, and empowerment
Originality/Value: This study makes a new attempt to demonstrate the mediating effect of empowering leadership and employee creativity in Information Technology companies at Vascomm Surabaya Indonesia. In addition, the research underlines the importance of motivating and always giving employees freedom for creative behavior which is important knowledge in difficult times like today caused by the covid-19 pandemic
Audit Committee Effectiveness and Earnings Management Among Publicly Listed Firms in Kenya
Get PDFObjective: The paper sought to investigate the role of an effective audit committee in controlling earnings management practices.
Design / Methodology: A panel data sourced from the audited financial reports of firms listed at the Kenyan Nairobi Securities Exchange for the periods between 2004 and 2017 were analyzed using a panel regression model.
Findings: Audit committee effectiveness proved an important monitoring mechanism for earnings management. The independence, Meeting frequency, and financial expertise of the audit committee evidenced a negative and significant effect on earnings management.
Practical Implications: Firms need to ensure that their audit committees operate effectively. This is achieved through enhancing their independence, ensuring optimal meeting frequency, and a higher number of members with financial expertise for fewer earnings management.
Originality: The paper suggests the ways through which audit committee effectiveness can be enhanced to reduce earnings management amid rampant global financial scandals
Social Influence And Savings Behavior: Evidence From A Developing Country Context
Get PDFPurpose: This paper highlights the relevance of Savings Behavior and the impact of Social Influence on Savings Behavior in a developing country utilizing both life cycle and economic theories
Methodology: This paper presents findings from a thorough review of the literature. Relevant articles were reviewed on both savings behavior and social influence. The articles consisted of both contexts developed versus developing.
Findings: The findings suggest that from the developed country context, Social Influence positively affects Savings Behavior, which is not the case for the developing economies that show the negative impact of social influence on savings behavior. Therefore, financial education and literacy training are two of the means of encouraging individual self-control in these developing economies despite their vulnerability to social influence to encourage positive savings behavior.
Implications: Individuals are encouraged to save, especially during their productive ages, along with their lifespan. This can be done by obligatory deductions for those that are officially employed.
Originality/Value: This paper reveals a bibliography theoretical review on Social Influence and Savings Behavior within the developing country context. The paper presents the puzzle about the effect of Social Influence and Savings Behavior in the emerging economy. The majority of savings behavior research undertaken in the developed economies shows the positive effect of social influence on savings behavior, which is not the case in the developing economies
Technology Management for Accelerated Recovery during COVID-19: A Data-Driven Machine Learning Approach
Get PDFObjective- The research looks forward to extracting strategies for accelerated recovery during the ongoing Covid-19 pandemic.
Design - Research design considers quantitative methodology and evaluates significant factors from 170 countries to deploy supervised and unsupervised Machine Learning techniques to generate non-trivial predictions.
Findings - Findings presented by the research reflect on data-driven observation applicable at the macro level and provide healthcare-oriented insights for governing authorities.
Policy Implications - Research provides interpretability of Machine Learning models regarding several aspects of the pandemic that can be leveraged for optimizing treatment protocols.
Originality - Research makes use of curated near-time data to identify significant correlations keeping emerging economies at the center stage. Considering the current state of clinical trial research reflects on parallel non-clinical strategies to co-exist with the Coronavirus
Does Demutualization Spur Liquidity?
Get PDFPurpose: The literature on demutualization is confined to efficiency and social welfare issues. Little empirical literature exists on the effect of demutualization on listed firms. This study examines the impact of demutualization on the liquidity of listed firms’ stocks.
Methodology: It empirically investigates how the liquidity of listed firms’ stocks is affected by demutualization. Analyzing data of 137 non-financial firms listed on the Pakistan Stock Exchange for 2005 to 2017, we employ fixed effect regression to test the hypotheses.
Findings: We find that demutualization has significantly improved liquidity. We analyze all three dimensions of liquidity that are the trading activity, market impact, and transaction cost. We find that demutualization increases trading activity, improve market depth, and has reduced the transaction cost.
Implications: Our findings suggest that demutualization is beneficial not only for listed firms but also for its shareholders as all three dimensions of liquidity are improved by demutualization. Stock exchanges that are not demutualized and are facing liquidity problem, can be improved by changing its structure from mutual to demutualized.
Originality: Prior literature focuses on the impact of demutualization on the stock market or social welfare. There is scares research on the effect of demutualization of the listed firm. This study fills this gap by analyzing the impact of demutualization on listed firms\u27 liquidity in a developing economy, such as Pakistan
Conflicts between Students Living on-Campus Dormitories: The Case of Dormitories at Eastern Mediterranean University Campus
Get PDFPurpose- In the current century, the number of students who travel abroad to study at international higher education institutions universally has increased. Accordingly, a considerable number of young generations from different countries are coming together, and most of them prefer to live at the university’s dormitories. The main aim of this research has identified and examined the impacts of roommate conflicts, on the lifestyle and academic success of students living in dormitories.
Design/Methodology- The study area of this research is the dormitories located inside the Campus of Eastern Mediterranean University in Famagusta, Northern Cyprus. Data was collected by utilizing both qualitative and quantitative methods.
Findings- The results showed that conflicts amidst roommates negatively influenced their lifestyle and academic success. Although it is impossible to solve problems and conflicts at all, however, it is possible to minimize and control them. Moreover, management styles and approaches play a fundamental role in reducing or increasing negative impacts.
Practical Implications- Several suggestions mentioned for managers to minimize problems, like price reduction, qualified staff employment, evaluation of dormitories, rewriting the rules against alcohol consumption and making noise, and etc
Structural Breaks and Volatility Spillover in South Asian Economies
Get PDFPurpose - This study examines the volatility spillovers in the presence of structural breaks with specific reference to South Asian Capital markets. The global financial crisis of 2007-2009 has compelled policymakers to realize that financial instability has the potential to threaten economic stability and growth; therefore, managing the financial crisis is inevitable. To manage the impact of financial crises, understanding the dynamics of volatility spillover across various markets is imperative. This study has investigated the possible emergence of structural breaks in risk patterns after global financial crises in south Asian markets.
Methodology - Using the data from July 2002 to June 2016, employing the Exponential GARCH methodology.
Findings - This study finds a significant volatility spillover after the financial crisis of 2007-09. Therefore, the existence of a structural break in the risk pattern of south Asian capital markets cannot be fully rejected.
Policy Implications - This conclusion is of prime importance to policymakers in devising policy guidelines concerning financial crises