Asian Journal of Economics, Business and Accounting
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Entrepreneurial Agility as a Moderator Between E-Business Model Innovation and Competitive Advantage: Evidence from the Hypermarket Industry in Port-Harcourt, Nigeria
No full textThis research examine entrepreneurial agility as a moderator between e-business model innovation and competitive advantage: Evidence from the hypermarket industry in port-Harcourt, using a cross-sectional survey. Five hundred and sixty-four (564) workers were taken from 25 hypermarket stores in Port-Harcourt, Rivers State, Nigeria. This study adopted the questionnaire method for data collection. Structural equation modelling was adopted for hypothesis analysis. Prior to this, validity and reliability were evaluated using the outer model evaluation in order to verify that the collected data met the fitness criteria. The blue ocean theory and generic strategies theory were used to support the study variables. The study result revealed that entrepreneurial agility moderates the relationship between e-business model innovation and competitive advantage. The research concludes that e-business model innovation, if properly designed and deployed for the firm\u27s performance enhancement, would likely lead to sustainable competitive advantage of hypermarket businesses in Port-Harcourt. A main implication of this study is that Hypermarket owners and practitioners in Port-Harcourt must go beyond adopting digital tools to integrating entrepreneurial agility in their strategic and operational framework to avoid stagnancy and being less competitive in an intensely competitive hypermarket industry. The uniqueness and originality of this research springs from the fact that no research has predicted competitive advantage through e-business model innovation in the hypermarket industry. However, Future investigations should adopt other moderating variables and longitudinal surveys to pinpoint loopholes in the present research
Evaluation of Digital Transformation Strategies in the Real Estate Sector of the United Kingdom
No full textThe traditional UK real estate industry is undergoing a significant digital transformation driven by innovations such as artificial intelligence, machine learning, blockchain, and virtual reality. This digital shift has enhanced operational efficiency, transparency, and customer satisfaction. However, it also presents challenges, including stakeholder resistance to change and heightened cybersecurity risks. In such a competitive sector, strategic approaches that align with market demands and regulatory compliance are essential.
This study evaluates digital transformation strategies in the United Kingdom’s real estate sector using a systematic literature review (SLR) approach. Relevant peer-reviewed studies were retrieved from Google Scholar and Taylor & Francis Online using key terms such as “digital transformation,” “real estate,” and “UK,” alongside specific technologies like blockchain and the Internet of Things. The research relies on secondary data and adheres to ethical standards while providing evidence-based recommendations to balance technological advancement with consumer protection and industry growth.
Findings reveal that the sector has widely adopted technologies such as Building Information Modelling (BIM) and Geographic Information Systems (GIS) to reduce collaboration errors and improve project outcomes. Digital tools have automated lease administration, rent collection, and maintenance scheduling, saving time and reducing human error. Nonetheless, challenges remain, particularly the high costs of technology adoption, training, and integration with legacy systems. Digital transformation has also democratized property information, intensifying competition as 82% of homebuyers now rely on online portals. The study concludes that strategic investment, interoperability, updated cybersecurity measures, and continuous employee training are critical to maximizing the benefits of digital transformation in the UK real estate industry
Environmental Performance Index and Economic Development: Evidence from Panel Data Analysis in India’s EAG States
No full textThis study analyzes the link between economic development (NSDP) and environmental degradation (EPI) in India’s eight Empowered Action Group (EAG) states, testing the Environmental Kuznets Curve (EKC) hypothesis. The EKC posits that environmental degradation first worsens with economic growth before improving. Using panel data, our model includes NSDP and its squared term (NSDP²) to test for this non-linear relationship. We employed Pooled Ordinary Least Squares (OLS), Fixed Effects (FE), and Random Effects (RE) estimation techniques. A rigorous set of model selection tests (Breusch-Pagan LM, F-test, and Hausman) decisively identified the Random Effects (RE) model as the most statistically appropriate and efficient specification, as it properly accounts for state-specific heterogeneity. Our primary finding, based on the preferred RE model, is that no statistically significant relationship exists between NSDP and the EPI. This result, also supported by the FE model, indicates that the EKC hypothesis is not supported for the EAG states. Although a simpler Pooled OLS estimation does show a significant inverted U-shaped curve, we demonstrate this finding is spurious. It is an artifact of model misspecification that fails to control for the significant differences between states. We conclude that economic growth alone does not guarantee environmental improvement. This highlights the critical need for direct, state-specific policy interventions to achieve sustainability
Global Spillover Effects: Indonesia’s Stock Market Response to U.S. Monetary Policy Shifts
No full textGlobal economic developments, especially monetary policy in the United States (US), have a significant impact on the Indonesian economy. Shifts in US monetary policy can trigger changes in macroeconomic conditions and the dynamics of the Indonesian capital market, both conventional and sharia. This study aims to analyze how changes in US monetary policy affect the Indonesian economy and how US stock market movements impact the domestic stock market. Using the Structural Vector Autoregression (SVAR) model, this study finds that changes in US monetary policy have a substantial long-term effect on Indonesia\u27s economic stability. In addition, Indonesia\u27s conventional and Sharia stock indices show a high dependence on the movement of the US stock index, which acts as the main reference in the global financial market. These findings underscore the importance of risk mitigation strategies for investors and policymakers in dealing with global market dynamics
Strengthening Domestic Revenue Mobilisation Beyond Aid: The Willingness of Informal Sector to Pay Taxes in Ghana
No full textAims: This study examines the willingness of informal sector workers in Ghana to pay taxes within the context of the Ghana Beyond Aid (GBA) agenda. It further assesses how interpretations of the GBA policy, perceptions of tax fairness, and tax education influence tax compliance behaviour within the informal economy.
Study Design: A descriptive, quantitative cross-sectional survey design was employed.
Place and Duration of Study: The study was carried out among informal sector workers in the Ho Municipality between January 2024 and June 2024.
Methodology: A structured questionnaire was administered to a sample of 100 informal sector workers, selected through convenience sampling. Items were measured using five-point Likert scales. Data were coded and analysed using SPSS to generate descriptive statistics, Pearson correlation coefficients, and multiple linear regression results.
Results: Respondents demonstrated a high willingness to pay tax (M = 4.20, SD = 0.85) and strong positive perceptions of tax fairness (M = 4.51, SD = 0.921). Awareness of the GBA policy was moderately high (M = 3.96, SD = 1.24), while tax education recorded a mean of 3.20 (SD = 1.39). Correlation coefficients showed weak associations between the independent variables and willingness to pay tax (R-values from –0.080 to 0.064). Regression analysis revealed that the model accounted for 2.1% of the variance in willingness to pay (R² = 0.021), and none of the predictors GBA awareness (β = 0.106, p = 0.257), tax fairness (β = –0.150, p = 0.287), or tax education (β = –0.038, p = 0.519) were statistically significant. However, descriptive trends showed higher willingness to pay tax when respondents perceived fairness and received adequate tax education.
Conclusion: Informal sector workers are willing to comply with tax obligations when they understand national policy objectives and perceive the tax system as fair.
Implications: Strengthening transparency, fairness, and public communication around tax revenue use is essential for broadening Ghana’s tax base and supporting the Ghana Beyond Aid agenda.
Recommendations: The study recommends intensified tax education targeted at the informal sector, improved fairness in tax administration, and enhanced visibility of how tax revenues are utilized to foster trust and voluntary compliance
Psychological Capital, Financial Literacy and Innovative Behavior among Fintech Lending Employees in Bandung, Indonesia
No full textAims: This study investigates the moderating role of financial literacy in the relationship between psychological capital (PsyCap) and innovative behavior among employees of fintech lending companies in Bandung, Indonesia. The research explores whether financial literacy strengthens or weakens the influence of hope, efficacy, resilience and optimism on employees ability to generate and implement innovative ideas.
Study Design: This quantitative causal study used a cross-sectional survey design to test the hypotheses empirically through statistical modeling.
Place and Duration of Study: The research was carried out among employees of fintech lending companies in Bandung, West Java, Indonesia, between May and October 2025.
Methodology: A quantitative cross-sectional survey was conducted with employees from several fintech lending companies. Data were collected through an online questionnaire measuring psychological capital, financial literacy, and innovative behavior using validated Likert scale instruments. The relationships among the variables were examined using structural equation modeling.
Results: The study finds that both psychological capital and financial literacy independently enhance employee behavior. However, financial literacy does not intensify the effect of psychological capital as initially expected. Instead, it slightly reduces the strength of this relationship, suggesting shifting focus toward analytical or technical considerations.
Conclusion: Both psychological capital and financial literacy independently enhance innovative behavior among fintech employees. However, the interaction suggests that excessive technical focus may reduce creative risk-taking, thereby weakening the role of psychological capital in fostering innovation. These findings imply that fintech companies should balance the development of employees’ psychological and financial competencies to cultivate sustainable innovation
Loan Utilization & Repayment: The Role of Social Networks and Household Characteristics in Shaping Debt Repayment Behavior
No full textThis study examines the relationship between household loan utilization and repayment performance in an emerging economy context (Uganda). Applying 2 waves of the Uganda National Household Survey (Wave 1 and Wave 2 for years 2021/2022 and 2022/23 respectively, N = 3,173 households), a static panel probit model augmented with marginal effects and correlation analysis, the study explores how loan utilization, demographic, financial, and behavioral factors shape credit repayment outcomes. Correlation and marginal effect analyses reveal that productive loan utilization significantly reduces the likelihood of loan default. Similarly, findings suggest a complex association between social networks and loan utilization. Additionally, financial inclusion and socioeconomic characteristics enhance productive loan use. Conversely, employment status, dwelling type, and worry about failure to pay debt are negatively correlated with repayment outcomes, signaling vulnerability among informal or low-income households. These findings are interpreted through the lens of Financial Capability Theory, which emphasizes the interaction of individual abilities, opportunities, and external networks in shaping financial decisions, and family financial resilience, which underscores the capacity of households to manage debt and withstand shocks. The results advance the discourse on household financial behavior by highlighting how financial capability—shaped by education, inclusion, and social context—translates into more resilience, responsible loan use and effective repayment. Among others, the study identifies a need for policymakers to integrate financial education and behavioral interventions into community-based programs to promote informed borrowing and effective loan use.
 
An Investigation of Psychological Factors Determining Credit Card Usage among Young Professionals: Insights from the Banking Sector in Sri Lanka
No full textAims: This study aims to investigate the psychological factors that determine the credit card usage of young banking professionals in Sri Lanka, addressing a critical gap in the literature.
Study Design: This is a quantitative study utilizing Partial Least Square – Structural Equation Modelling (PLS-SEM).
Place and Duration of Study: The study was conducted among young banking professionals in Sri Lanka. Data collection took place over a specified period (please insert the exact dates if available).
Methodology: The study employed a web-based structured questionnaire with responses from 384 young bankers. The questionnaire used a five-point Likert scale ranging from 1 (Strongly disagree) to 5 (Strongly agree). The analysis focused on the relationships and magnitudes among the dependent variable (Credit Card Usage) and independent constructs (Attitude, Convenience, Financial Optimism, Social Status, and Usage Patterns).
Results: The analysis revealed a positive relationship between Credit Card Usage and the independent constructs. Convenience was found to have the most influential effect on credit card usage among young professional bankers in Sri Lanka. The findings provide valuable insights for financial institutions in shaping their credit card facilities and services specifically for banking professionals.
Conclusion: This study offers significant implications for financial institutions in Sri Lanka. However, the focus on young banking professionals limits the generalizability of the findings to the wider community. Future studies should explore different professional groups to identify psychological insights from various professional demographics in Sri Lanka
Foreign Exchange and the Permaformance of Manufacturing Sector in Nigeria: A Disaggragrated Anaylsis
No full textThe manufacturing sector in sub Saharan–Africa, particularly Nigeria is handicapped with numerous challenges like affordable energy, multiple taxation and foreign exchange; a key driver of manufacturing activities. Therefore the primary objective of this study is to examine the impact of foreign exchange on the performance of the manufacturing sector in Nigeria using disaggregated analysis. Data were sourced from secondary materials collected from the Central Bank of Nigeria Statistical Bulletin on manufacturing sector output, foreign exchange availability, foreign exchange rate, Nigeria foreign reserves and inflation rate from 1999 -2021. Econometric-view (E-view version 9) statistical tool was used to run the Ordinary Least Square Regression Analysis. The findings of the study revealed that during the period under consideration, foreign exchange availability (FEA) has negative and significant impact on the growth of the manufacturing sector at P-value of 0.017. Foreign exchange rate (EXR) has positive and significant impact on the manufacturing sector of Nigeria, while Nigeria foreign reserves (NFR) has positive but insignificant impact at P-value of 0.547. Inflation rate has a negative and insignificant impact on the growth of manufacturing sector at -1.187 (P = 0.256). Based on the findings, the study recommended that monetary authority should take urgent steps to tackle the foreign exchange crisis and maintain a sustainable exchange rate. Importantly, foreign exchange is made available to importers of industrial raw materials and at the same time grow the country’s foreign reserves. Also, local industries should be developed to reduce dependence on imported materials and thereby conserved foreign exchange
Adoption of Internet Banking Services and its Impact on Customer Satisfaction: A Bamenda Banking Perspective
No full textThe purpose of banks Over the past years, had been that of providing higher customer satisfaction, because it is a critical one for long term success in the competitive market. The competition in the market increases as day by day so as to cope up with the growing competition pressure on banks. Banks are adopting many initiatives and one of them is internet-banking. Which involves providing banking services to customers through various electronic delivery Channels.
The objective of this article is thus to Examine how internet banking services adoption (Use of Electronic Funds Transfer, Use of Mobile Banking, Use of Automated Teller Machine) can affect customer satisfaction of Banks in Bamenda. To do that, Data was gotten from primary sources, 146 structured questionnaires were administered to customers of banks who were selected through a stratified random sampling. Data were analyzed using descriptive and inferential analysis. From the regression table, results have shown that Customer satisfaction is being explained positively and significantly by the adoption of internet banking services. The coefficient R2 (65.6%) shows a degree of explanation of the dependent variable by the independent variables. Thus, the use of Electronic fund transfer, mobile banking, automated teller machine has a positive and significant influence on Customer satisfaction. This means that internet-banking services adoption have a significant effect on customer satisfaction. It is therefore recommended that, with this arena of competitivity, Banks should adopt more internet banking services to attract more customers, which will boost their performance