{"title":"Investigating the Determinants of Financial Well-Being: A SEM Approach","authors":"N. Prakash, Aparna Hawaldar","doi":"10.1177/22785337221148253","DOIUrl":"https://doi.org/10.1177/22785337221148253","url":null,"abstract":"Studies reveal that the financial well-being of employees has a direct bearing on their productivity and overall well-being. The wellness initiatives organized by the information technology (IT) companies operating in India have also started focusing on the contributing aspects of financial well-being. In this context, the article explores the determinants of financial well-being of IT professionals in India. The article utilizes confirmatory factor analysis (CFA) for the analysis. The study employs a survey questionnaire covering financial literacy, financial behavior, and financial fragility. It also attempts to recognize the influence of gender and job roles (technical or managerial) in ascertaining financial well-being. The sample data used in the study include 237 professionals employed in the IT sector. The study uses partial least squared structured equation modelling (PLS-SEM) to understand the connection between the determining factors. The results indicate that financial well-being is positively influenced by financial literacy and financial behavior while financial fragility has a substantial negative impact. The financial literacy and financial fragility are significantly different between technical and managerial roles. Gender appears to have a sizeable impact on the financial behavior and financial fragility levels—women employees performed better in both the factors. Interestingly, financial literacy levels of the two genders are not significantly different. The results show that there is a need to focus on literacy, behavior, and fragility in financial wellness programs organized by the IT industry. Further, the study recommends offering tailored financial wellness training modules created based on the job levels and gender instead of following “one program, fits all” standardized approach.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41470935","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":"Corporate Environmental Performance and Financial Performance: Evidence from the Most Polluting Companies in India","authors":"G. Ezhilarasi","doi":"10.1177/22785337221148828","DOIUrl":"https://doi.org/10.1177/22785337221148828","url":null,"abstract":"This article primarily investigates the association between corporate environmental performance (CEP) and financial performance (FP) of a firm and it also examines the effects of good, mixed, and poor environmental performers on FP. To achieve the objective, annual reports of 145 most polluting companies in India have been used from 2009–2010 to 2018–2019. On the basis of Global Reporting Initiative framework, the CEP scores have been measured in terms of quantitative (binary coding system) and qualitative (three-point scale) aspects using the content analysis technique. Subsequently, the scores are used to analyse the linkage between CEP disclosure and firms’ FP. Employing static and dynamic panel data analyses, the study observes quantitative as well as qualitative CEP performs significant part in expanding the firms’ market value and also notices innovation oriented investment boost the FP. On the contrary, the study finds out the expenditure on research and development and CEP together negatively influence firms’ FP. Further, it also reveals good performers make better CEP disclosure in their annual reports compared with mixed and poor performers on all aspects of environmental performance indicators of GRI guidelines and also observes a positive linkage between good performers and firm’s FP.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44700669","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":"Development and Validation of an Islamic Investor’s Sentiment Scale for Stock Market Investment","authors":"M. R. Begam, M. Babu, M. M. Sulphey","doi":"10.1177/22785337221148888","DOIUrl":"https://doi.org/10.1177/22785337221148888","url":null,"abstract":"Islamic law prohibits Muslims from investing in certain businesses such as banking, alcohol, and speculation. As such, Islamic investment is different from traditional investment, as investment principles emphasize ethical investing and compliance with Shariah, the Islamic rule that controls every aspect of a Muslim’s life. However, a fair review of the literature failed to find any questionnaire to measure Islamic investor sentiment. In order to create and standardize a technique to gauge Islamic investors’ attitudes about share market investment, a research was conducted. Islamic investors’ attitudes were the dependent variable, while the study identified Islamic investing ethics, religious considerations, profitability, social impact, and information accessibility as independent variables. Python programming was used to evaluate the data gathered from 391 respondents using a 24-item structured questionnaire. According to the study’s findings, each of the characteristics has a big influence on how Islamic investors feel. Furthermore, this study shows that participation in religious activities elevates the spirits of Islamic investors. The verified Islamic investor’s feelings questionnaire in this study is expected to inspire more investigation in this fascinating field.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43049214","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":"Job Crafting for Workplace Happiness: A Study of Millennials Across Indian Service Sectors","authors":"Mimi Moulik, V. N. Giri","doi":"10.1177/22785337221148252","DOIUrl":"https://doi.org/10.1177/22785337221148252","url":null,"abstract":"The article examines the relationship between proactive job crafting and workplace happiness in the context of millennials associated with the Indian service sector. This study was conducted with 310 millennial employees associated with IT and ITES, telecom, and banking services. The study used self-reporting questionnaires, and the hypotheses were tested using structural equation modeling. The study highlights the nature of job crafting in a hitherto under-researched sector of the Indian economy. The findings suggest that job crafting has a positive influence on driving employee happiness. Crafting structural job resources predicted millennials’ job satisfaction and work engagement. Crafting by seeking social resources and challenging demands was positively associated with commitment and engagement. The study is relevant in the wake of the coronavirus pandemic when organizations are keen to address employee happiness at work. It provides evidence from the Indian service organizations for the implications of adopting job crafting behavior at work to test the adoption of theories developed in the Anglo-Saxon cultures.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44240808","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":"Investigation of the Effects of Knowledge Management on Organizational Performance Through Human Resource Management as Mediator","authors":"M. Khalilzadeh, S. A. Banihashemi, Arman Bahari","doi":"10.1177/22785337221148567","DOIUrl":"https://doi.org/10.1177/22785337221148567","url":null,"abstract":"This research seeks to examine and distinguish the factors influencing empowerment and exertion of knowledge management along with the effect of knowledge management on organizational performance. In addition, this paper investigates human capital as mediator between the relationship of knowledge management and organizational performance. The conceptual model was extended based on the literature review. The primary data were gathered using a questionnaire comprising 48 questions distributed to the personnel of all branches of one of the largest private banks in Iran. Three hundred sixty-one questionnaires were randomly distributed among the personnel, and 334 questionnaires were answered. The gathered data were examined through SPSS and SMART PLS. The results demonstrated the positive impacts of variables including structure, organizational technology, strategy, culture, and trust on organizational knowledge management under study. Moreover, knowledge management directly affects the performance of the organization and through human resource management as mediator. This study motivates the managers and personnel to exploit the accessible organizational assets for enhancing knowledge management practices as well as human resources as the most exquisite organizational capitals.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46402208","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":"Comparing Sustainable Procurement in Green Supply Chain Practices Across Indian Manufacturing and Service Sectors","authors":"A. Upadhyay, Sheetal, M. Khan","doi":"10.1177/22785337221148827","DOIUrl":"https://doi.org/10.1177/22785337221148827","url":null,"abstract":"After COVID, Original equipment manufacturers (OEMs), suppliers, and distributors are seeking to streamline their local, and global supply chains, the issue has gained attention in how they identify, analyze and manage their procurement and supply chain processes with stakeholders. The use of supply chain adoption with green technology has been found to be preferred in international trade, which is forcing the Indian manufacturing, and services sector to realign their CSR (Corporate social responsibility) goals. Interviews have been conducted with a mix of manufacturing and service firms in India to map their sustainable procurement in green supply chain practices. The use of MAXQDA software for conducting thematic analysis to support the inductive theory and trend-building practices to know “what, why, and how” from interview responses. Each sector, manufacturing, and service showed distinct trends that divorce their approach to green SCM, and supply chain strategy for sustainable procurement though they have spread awareness about sustainable procurement with stakeholders, emphasizing economic benefits. Additionally, they pursued jointly to address environmental issues and extend societal benefits as a CSR effort. Variances in approaches in manufacturing are market-linked, time-based, and demand-driven while services firms showed green technology pledges as CSR initiatives along with an environmental emphasis in downstream SCM activities.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48482231","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}
Elavarasi G. N. Anitha, L. Suganthi, J. I. Rajesh, G. N. Sumathi
{"title":"Emotional Contagion—As a Moderator in Personality and Organizational Citizenship Behavior Relationship","authors":"Elavarasi G. N. Anitha, L. Suganthi, J. I. Rajesh, G. N. Sumathi","doi":"10.1177/22785337221148857","DOIUrl":"https://doi.org/10.1177/22785337221148857","url":null,"abstract":"Despite broad evidence in the past demonstrating the relationships between personality traits and organizational citizenship behavior, research on organizational citizenship behavior from the perspective of emotional contagion has not received deserving attention to date. Drawing on the trait theory and affective event theory as an overarching reference, this study theorizes emotional contagion as a moderator by arguing that it improves the above relationship incrementally. This study conducted hierarchical multiple regression analysis to test the hypotheses and adopted the Johnson–Neyman method using SPSS PROCESS Macro to probe the pattern of the significant interactions. A total of 320 bank employees took part in the survey. The findings revealed, agreeableness and conscientiousness as significant predictors of organizational citizenship behavior. Furthermore, the above association was enhanced for employees at the conditional level of high emotional contagion. The study provides insight into recognizing the significance of employees’ emotional levels and their contribution to organizational growth.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46138387","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}
Prince Dacosta Anaman, Ibrahim Anyass Ahmed, Abdul-Razak Suleman, Gloria Ama Dzakah
{"title":"Environmentally Sustainable Business Practices in Micro, Small, and Medium Enterprises: A Sub-Saharan African Country Perspective","authors":"Prince Dacosta Anaman, Ibrahim Anyass Ahmed, Abdul-Razak Suleman, Gloria Ama Dzakah","doi":"10.1177/22785337231162740","DOIUrl":"https://doi.org/10.1177/22785337231162740","url":null,"abstract":"In line with the natural resource-based view, this paper explores the sustainable business practices (SBPs) of Ghanaian micro, small, and medium enterprises (MSMEs). Qualitatively, the study interviewed eight MSME operators and middle-level managers purposively to assess their use of SBPs and how it affects their businesses. Data collected were edited, coded, and grouped under themes based on the Braun and Clarke thematic framework. The study identified holistic environmental management, eco-preneurship, and regenerative practices as the environmental stewardship drivers among Ghanaian MSMEs. Also, integrated vision and strategy, process efficiency and resource optimization, and risk profiling drive process excellence. Finally, sustainability-focused leadership, internal advocates and change agents, and ongoing education and awareness as drivers for sustainability-oriented culture. The business practices of organizations have continually impacted the immediate environment within which they operate. Consequently, there is a clarion call for businesses to engage in SBPs to mitigate the effect of their operations on the environment. The study brings to bear the SBPs Ghanaian MSMEs are engaged in and how they affect their operations and survival, especially in this era of sustainability.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44371212","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":"Workplace Spirituality and Job Satisfaction of Higher Education Teachers in India: Examining Occupational Stress as a Mediator","authors":"A. Mittal, G. Mishra, S. Bishnoi","doi":"10.1177/22785337221148822","DOIUrl":"https://doi.org/10.1177/22785337221148822","url":null,"abstract":"Academicians, business professionals, and researchers are increasingly recognizing and appreciating the relevance of spirituality in the workplace. In the current high-risk and unpredictable climate, it is considered an important aspect to manifest in modern workplaces. Many researchers have investigated the impact of spirituality in the workplace on various job outcomes, but the mechanism through which spirituality affects the job outcomes of employees is still lacking in the literature. This study is a rigorous empirical attempt in this direction. The major goal of the study was to look at the function of workplace stress as a mediator between workplace spirituality and job satisfaction. A cross-sectional survey was done with 450 faculty members working in India’s higher education institutions. Structural equation modeling through partial least square (PLS-SEM) in the 3.3.2 version of SmartPLS has been applied to reveal the hypothesized relationship. The results of this article will help higher education institutions better understand the spiritual side of their faculty members and develop timely, suitable policies to increase their job satisfaction.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49484161","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":"Board Composition and Performance of Indian State-owned Enterprises: Moderating Role of Leverage","authors":"","doi":"10.1177/22785337221148295","DOIUrl":"https://doi.org/10.1177/22785337221148295","url":null,"abstract":"Debt holders monitoring influence on the business performance has been noted in several research. Another body of research investigates the board of directors and performance linkages. The impact of debtholders on the board composition and firm performance linkage, particularly in State-Owned Enterprises (SOEs), has received little attention in the literature. As a result, this article aims to determine whether the composition of Indian SOE boards has an impact on their performance. It also looks into how leverage influences the association between the composition of Indian SOE boards and their performance. From 2001 to 2019, the panel data regression is performed on 19 Indian SOEs registered on the Bombay Stock Exchange. According to the study, board size, nominee directors improve Indian SOE performance, while independent directors reduce performance. Furthermore, in high-leverage SOEs, board of directors’ supervision is reduced or removed. The findings have implications for policymakers and the government.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49357292","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}