Asa Romeo, Johanna Pangeiko Nautwima, Hylton Villet
{"title":"AN INTEGRATED APPROACH TO SUSTAINABLE COMPETITIVE ADVANTAGE","authors":"Asa Romeo, Johanna Pangeiko Nautwima, Hylton Villet","doi":"10.33736/ijbs.6907.2024","DOIUrl":"https://doi.org/10.33736/ijbs.6907.2024","url":null,"abstract":"To sustain a competitive edge amidst the dynamic nature of the current market and evolving technological landscape, manufacturing enterprises must ensure that their organizational resources, capabilities, and innovation procedures are optimized. In the manufacturing sector, innovators are known to earn twice as much as their less innovative counterparts, demonstrating the criticality of innovation. On that basis, this study used the RCO technique, which is an integrated approach to sustainable competitive advantage that focuses on resources, capabilities, and open innovation of the organization to improve decisions that lead to a lasting competitive advantage in a developing country. In addition, this study applied an analytical hierarchy process (AHP) approach for data analysis in calibrating the actual application of sustainable competitive advantage (SCA) in a company, especially in developing economies. The study results indicate that possessing valuable organizational resources necessitates adding distinctive capabilities to generate innovations that effectively contribute to attaining organizational objectives, specifically SCA. Moreover, through the utilization of positive knowledge ingress and outflow, open innovation is considered the industry eye of a business organization, with the purpose of accelerating innovation within the organization and expanding the market for innovations’ internal and external applications. In conclusion, an integrated model for sustainable competitive advantage, which is vital to the long-term growth and sustenance of businesses, was devised as a result of this study.","PeriodicalId":13836,"journal":{"name":"International Journal of Business and Society","volume":null,"pages":null},"PeriodicalIF":1.0,"publicationDate":"2024-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140744024","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}
Aref M. Eissa, Ahmed Diab, Meshal Obaid Almutairi, Amr N. Abdelrhman
{"title":"INFORMATION OVERLOAD AND INDIVIDUAL INVESTORS’ PERCEPTIONS OF INVESTMENT RISK: EVIDENCE FROM SAUDI ARABIA","authors":"Aref M. Eissa, Ahmed Diab, Meshal Obaid Almutairi, Amr N. Abdelrhman","doi":"10.33736/ijbs.6890.2024","DOIUrl":"https://doi.org/10.33736/ijbs.6890.2024","url":null,"abstract":"This study explores investors’ perceptions of investment risk under information overload. We use a survey of 133 individual investors in the Kingdom of Saudi Arabia (KSA), and to test our hypotheses, we employ descriptive statistics and sample t-test. We found that information overload in lengthy annual reports decreases investors’ confidence in the financial statements and reduces their ability to understand the firm’s business and financial performance. Investors confirmed that information overload reduces their ability to access relevant information for making investment decisions and predict future performance, and increases uncertainty about the firms’ future performance. Consequently, information overload increases investors’ perceptions of firms’ investment risk, reduces their confidence to invest in firms with long and difficult-to-read annual reports, and increases their perceptions of the likelihood that these reports are being exploited by managers to hide poor performance or earnings manipulation, and consequently, they prefer not to invest in these firms. In addition, the results indicated that disclosure complexity along with information overload exacerbates investors’ negative perceptions about the firm’s investment risk and its performance. Our results provide insights for investors in emerging markets such as the Saudi market to understand the negative implications of information overload, which can enlighten their investment decisions.","PeriodicalId":13836,"journal":{"name":"International Journal of Business and Society","volume":null,"pages":null},"PeriodicalIF":1.0,"publicationDate":"2024-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140746100","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}
{"title":"EXAMINING THE EFFECTS OF AND MODERATING INFLUENCES ON ENVIRONMENTAL, SOCIAL AND GOVERNANCE INFORMATION DISCLOSURE ON VALUE-AT-RISK: EVIDENCE FROM CHINESE LISTED COMPANIES","authors":"Jing Wu, Chee Yoong, Liew","doi":"10.33736/ijbs.6905.2024","DOIUrl":"https://doi.org/10.33736/ijbs.6905.2024","url":null,"abstract":"Generally, research on the effects of Environmental, Social and Governance (ESG) information disclosure on listed companies is primarily limited to developed countries. By contrast, the current study is located in China and analyses whether ESG reduces the downside risk of listed companies in China, and whether political connections and institutional investors moderate this relationship. This study uses Chinese A-share listed companies from the Shanghai and Shenzhen stock markets from 2010 to 2021 as research samples. Results demonstrated that the inhibitory effect of enhancing ESG performance on enterprise risk is more significant in non-heavy polluting industries, non-state-owned enterprises, and enterprises in areas with low levels of marketisation. This study explores the economic implications of ESG performance from a Value-at-Risk (VaR) perspective, enriching the relevant research on ESG rating in China and providing a fresh perspective to better elucidate the economic significance of companies improving their ESG performance. This study introduces institutional investors and political connections as two moderating variables to analyse their effect on the relationship between ESG performance and VaR. In addition, heterogeneity analysis is carried out in combination with the industry, region, and ownership nature of listed companies to test the “insurance” and “information” effects of ESG performance, to provide decision-making references for investors, enterprise managers, and regulators.","PeriodicalId":13836,"journal":{"name":"International Journal of Business and Society","volume":null,"pages":null},"PeriodicalIF":1.0,"publicationDate":"2024-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140743517","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}
{"title":"TO WHAT EXTENT DOES SPIRITUALITY IN THE WORKPLACE AFFECT MEANINGFULNESS IN WORK? SELF-TRANSCENDENCE AND PERSON-ORGANIZATION FIT AS MEDIATOR","authors":"Slamet Widodo","doi":"10.33736/ijbs.6917.2024","DOIUrl":"https://doi.org/10.33736/ijbs.6917.2024","url":null,"abstract":"The goal of this research was to investigate and analyze the relationship between spirituality in the workplace and self-transcendence, Person-Organization Fit, and achieving meaningful work (Meaningful Work). This study's population consisted of employees of the Public Works and Public Housing Office of Bengkulu Province, with a planned sample size of 258 respondents using the census method. Structural Equation Modeling (SEM) is used in this study to test construct validity (convergent validity and discriminant validity) and reliability. Then, using SmartPLS 3.0, an explanation of statistical descriptions related to respondent profiles, hypothesis testing with path analysis, and testing of indirect effects are provided. According to the study's findings, spirituality in the workplace can increase a person's compatibility with their organization and self-transcendence. However, spirituality at work cannot increase work meaning. Meaning at work cannot be increased by self-transcendence, despite the fact that P-O fit can increase meaning at work. Self-transcendence cannot mediate the relationship between spirituality at work and increasing meaningfulness at work in the mediating relationship. This is inversely proportional to the P-O fit, which can act as a bridge between the influence of spirituality at work and meaningfulness at work.","PeriodicalId":13836,"journal":{"name":"International Journal of Business and Society","volume":null,"pages":null},"PeriodicalIF":1.0,"publicationDate":"2024-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140742291","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}
Mohammad Nur, Rianto Al Arif, Dwi Nur’aini Ihsan, Zulpawati
{"title":"DOES CONVERSION INCREASE DEPOSIT FUNDS IN ISLAMIC BANKS IN INDONESIA? THE CASE OF BANK OF ACEH AND BANK OF NTB","authors":"Mohammad Nur, Rianto Al Arif, Dwi Nur’aini Ihsan, Zulpawati","doi":"10.33736/ijbs.6916.2024","DOIUrl":"https://doi.org/10.33736/ijbs.6916.2024","url":null,"abstract":"This study examines the effect of the conversion strategy on deposit funds in converted banks. One of the concerns when converting to an Islamic bank is the transfer of customers to conventional banks. This condition underlies this research to be conducted. Using panel regression analysis, this study found a positive difference in the number of deposited funds after the conversion. This fact shows that the concern about transferring customers after the conversion has not been proven. There was an increase in deposit funds after the conversion strategy was carried out at the two converted banks. This finding has implications that the conversion strategy can be carried out at regional banks that have a small size and are supported by the local government and the people in the area. The findings of this study contribute significantly to the development of the Islamic banking industry in Indonesia that conversion to Islamic banking is an alternative corporate strategy besides spin-offs and mergers.","PeriodicalId":13836,"journal":{"name":"International Journal of Business and Society","volume":null,"pages":null},"PeriodicalIF":1.0,"publicationDate":"2024-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140741061","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}
{"title":"INNOVATION BARRIER TO SMES DEVELOPMENT: EVIDENCE FROM AFGHANISTAN","authors":"Aimal Mirza, Siti ‘Aisyah Baharudin","doi":"10.33736/ijbs.6922.2024","DOIUrl":"https://doi.org/10.33736/ijbs.6922.2024","url":null,"abstract":"Innovation plays a vital role not only in large firms but also in small and medium-sized enterprises (SME) worldwide. In Afghanistan, SMEs are emerging to influence the economies by employing, contributing to exports and forming a major portion of export and tax revenues. This study aims to examine the innovation barriers to development at the SME level to offer policy implications in Afghanistan. The Two-Hierarchical Level Model (HLM) was used. A questionnaire was designed using the thematic areas of business innovation literature and adapted following Oslo's manual's recommendations. Collected in 2020 the cross-sectional data was examined through an empirical analysis by testing five research hypotheses to validate the research framework. The target population was the SME key persons in Kabul city. Results show that firm characteristics are innovation barriers, SMEs that did not innovate were smaller in terms of employees and assets, lack of finance was a reason for abandoning innovative projects, and there are hierarchical barriers that humper innovation at the organizational, value chain and market level. There is a real need to continue studying the development of the innovation barriers for SME sectors that may enrich the world communities.","PeriodicalId":13836,"journal":{"name":"International Journal of Business and Society","volume":null,"pages":null},"PeriodicalIF":1.0,"publicationDate":"2024-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140741204","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}
{"title":"EFFECTIVENESS OF RGEC- BANK SOUNDNESS LEVEL AND INFLATION RATE IN PREDICTING POTENTIAL BANKRUPTCY OF BANKS: EVIDENCE FROM INDONESIA","authors":"Anwar Syaifullah, Rizki, Tri Gunarsih","doi":"10.33736/ijbs.6908.2024","DOIUrl":"https://doi.org/10.33736/ijbs.6908.2024","url":null,"abstract":"This study examines the effectiveness of RGEC-based bank soundness and inflation rate in predicting the potential for bankruptcy. The samples in this study are the banking sector companies listed on the Indonesia Stock Exchange (IDX) from 2016 to 2020. Using several proxies of the RGEC-based bank soundness and inflation rate, the results of this study indicate that the loan-to-deposit ratio (LDR), self-assessment of good corporate governance, and capital adequacy ratio (CAR) affect the potential of bankruptcy negatively and significantly. Furthermore, non-performing loans (NPL), return on assets (ROA), and inflation rate do not affect the potential for bankruptcy. The result shows that only two indicators, among four of RGEC-based bank soundness, effectively predict the potential bankruptcy. These results suggest that if banking management wants to predict and anticipate bankruptcy based on the bank’s soundness, it can be considered to see and maintain the LDR and self-assessment of GCG and CAR.","PeriodicalId":13836,"journal":{"name":"International Journal of Business and Society","volume":null,"pages":null},"PeriodicalIF":1.0,"publicationDate":"2024-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140745477","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}
{"title":"THE IMPACT OF ANCHOR CHARACTERISTICS ON CUSTOMERS' SUSTAINABLE FOLLOW IN E-COMMERCE LIVE BROADCAST—BASED ON THE SURVEY OF TIKTOK USERS IN CHINA","authors":"Li Qi, Xiaoli Shao","doi":"10.33736/ijbs.6919.2024","DOIUrl":"https://doi.org/10.33736/ijbs.6919.2024","url":null,"abstract":"With the development of Internet commerce, live broadcast has become a new e-commerce milestone. This study uses SOR model for reference, taking customer perceived value and customer flow experience as intermediary variables, to explore the impact of anchor characteristics on the sustainable follow of customers in the live broadcast room. The research findings demonstrate that the credibility, professionalism, interactivity, and attractiveness of e-commerce anchors have a significant positive impact on customer perceived value and customer flow experience. Customer perceived value and customer flow experience positively influence the sustainable retention of customers in live broadcast rooms. Moreover, these factors act as mediators between the characteristics of e-commerce anchors and the sustainable retention of customers. Therefore, it is imperative for live broadcast e-commerce merchants to adapt their strategies based on anchor attributes in order to enhance customer perceived value and improve customer flow experience. This will effectively guide customers towards sustained engagement and yield favorable marketing outcomes. It is helpful for e-commerce anchors to effectively reduce customer loss and form customer loyalty, and also provides a reference for enterprises to use live broadcast e-commerce for product sales and brand promotion.","PeriodicalId":13836,"journal":{"name":"International Journal of Business and Society","volume":null,"pages":null},"PeriodicalIF":1.0,"publicationDate":"2024-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140744202","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}
{"title":"EUROPE UNION BAN ON PALM OIL: THE TREND OF PALM OIL COMPETITIVENESS AND THE CO-INTEGRATION ON THE SOYBEAN AND RAPESEED OIL","authors":"Abdul Hayy, Haziq Mohamad, R. Ab-Rahim","doi":"10.33736/ijbs.6911.2024","DOIUrl":"https://doi.org/10.33736/ijbs.6911.2024","url":null,"abstract":"Palm oil highly demanded in global trade and expected to gain more demand in the future market. The primary concern regarding palm oil production is its environmental impact. The issue that is focused on in this study the European Union to promote the banning of oil palm in the world market in 2018 and the European parliament decided to ban palm oil for biofuel used. The Europe Union also promoted soybean and rapeseed as replacement for the banned of palm oil in Europe market. Therefore, this study aims for the effect toward the competitiveness using the Revealed Comparative Advantage (RCA) and Revealed Symmetrical Comparative Advantage (RSCA) indices among the major crude palm oil exporters especially within 1991 to 2020 period of years. Moreover, this study also clarified the Autoregressive Distributed Lag (ARDL) co-integration for the soybean and rapeseed oil toward the competitiveness for 2 largest palm oil exporters in the world from 1989 to 2021.","PeriodicalId":13836,"journal":{"name":"International Journal of Business and Society","volume":null,"pages":null},"PeriodicalIF":1.0,"publicationDate":"2024-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140745752","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}
Yuvaraj Ganesan, M. S. Shaharudin, Abdullah Mohammed Sadaa, Ranjani Narayanan, Rahul Sharma, Hasnah Haron
{"title":"THE EFFECT OF AUDIT CHARACTERISTICS ON FINANCIAL REPORTING QUALITY AND THE MEDIATING ROLE OF AUDIT QUALITY: EVIDENCE FROM MALAYSIAN PUBLIC COMPANIES","authors":"Yuvaraj Ganesan, M. S. Shaharudin, Abdullah Mohammed Sadaa, Ranjani Narayanan, Rahul Sharma, Hasnah Haron","doi":"10.33736/ijbs.6920.2024","DOIUrl":"https://doi.org/10.33736/ijbs.6920.2024","url":null,"abstract":"Our paper examines the effect of audit characteristics on financial reporting quality (FRQ) and the role of audit quality (AQ) as a mediator. The study adopted 201 companies listed in Malaysian Bursa from 2017 to 2019 to achieve our objective. The study used Stata to analyze the data to estimate the effect proposed in the hypotheses. Findings show that only audit fees affected FRQ positively. At the same time, audit fees and company size have positively influenced AQ. On the other hand, AQ has improved the link between audit characteristics and FRQ since the results show a positive effect of audit tenure, audit fees, and audit company size on FRQ through the mediator. This research can help the Institute of Internal Auditors and the Association of Certified Fraud Examiners improve their rules and regulations by enhancing audit characteristics, technical competence, and functionality to help organizations improve AQ. The study's findings are relevant to governments and investors worldwide worried about FRQ and want to guarantee that operations in Malaysia and other emerging markets are closely monitored.","PeriodicalId":13836,"journal":{"name":"International Journal of Business and Society","volume":null,"pages":null},"PeriodicalIF":1.0,"publicationDate":"2024-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140744323","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}