Vision: The Journal of Business Perspective最新文献

{"title":"How the Performance of Medium, Small and Micro Co-operatives Should be Measured? A Perspective from Malaysia","authors":"Mohd Taufix A. Aziz, Norman Mohd Saleh, Siti Faridah Abdul Jabbar, Noradiva Hamzah, Hayati Md Salleh","doi":"10.1177/09722629231211400","DOIUrl":"https://doi.org/10.1177/09722629231211400","url":null,"abstract":"Researchers have focused too much on the financial performance of co-operatives, neglecting the original purpose and nature of co-operatives. There is a gap in the literature, especially in developing a holistic measurement of co-operative performance based on stakeholder perspectives. Thus, the objective of this study is to develop a measurement of co-operative performance, considering co-operative principles and economic, social, and sustainable governance perspectives, suitable for the context of medium, small, and micro co-operatives. Malaysia is used as the context. In conducting this study, the Delphi technique is utilized where a specific focus group consisting of five clusters representing the stakeholders as participants. Qualitative analysis of results suggests performance indicators that reflect the purpose (objectives) and principles of co-operatives, which are divided into three aspects, economic, social and sustainable governance. This study is one of very few studies that develop the indicators for co-operative performance measurement. Hence, it is important for co-operatives in this category to consider the use of indicators suggested in this study to comprehensively measure their performance.","PeriodicalId":503812,"journal":{"name":"Vision: The Journal of Business Perspective","volume":"1991 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139160457","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":"Government Subsidy Nexus: The Case of Employment and Performance Dynamics","authors":"B. N. K. Ahia, S. A. Anafo, Na song, Elijah Asante Boakye, G. Armah","doi":"10.1177/09722629231203041","DOIUrl":"https://doi.org/10.1177/09722629231203041","url":null,"abstract":"In this article, the impact of nexus of subsidy on economic growth and performance is examined, with focus on age influence. We analyse data from 1,272 Chinese manufacturing firms from 2007 to 2017 using quantile regressions and Generalized Method of Moments. The findings indicate that subsidies have a positive effect on employment growth but a negative impact on performance. Age is found to have a weaker moderating effect on the subsidy-performance relationship but a stronger effect on the subsidy-employment-growth relationship. Young and private firms experience alternating growth patterns, while state and matured firms consistently exhibit positive growth across all quantiles. The study also reveals that lagged employment and subsidy levels have a significant positive relationship with current employment-related issues, while performance shows a change in direction with lags. Our result shows that subsidy impacts better on growth rather than performance as a by-product. However, with limiting recommendations on governments efforts to overspend on young firms. We discuss our findings within the theoretical frameworks of the economics of subsidy and the theory of cost and benefit for emerging markets.","PeriodicalId":503812,"journal":{"name":"Vision: The Journal of Business Perspective","volume":"1988 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139160505","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":"Distribution and Usage of Digital Payment Cards in India: Findings from NSS 77th Round Survey","authors":"Tapas Kumar Sutradhar, Santadas Ghosh","doi":"10.1177/09722629231216818","DOIUrl":"https://doi.org/10.1177/09722629231216818","url":null,"abstract":"Promoting digital economy is a policy priority of the Government of India. The latest available large-scale survey data on households’ debt and investment from National Sample Survey Organization (NSSO, 2021) provides details on the possession and utilization of payment cards for adults across India. Using the information, this article explores the state and district-level variations in its distribution and usage in India—which is a crucial knowledge gap in the existing literature. The article finds that while 85% of Indian adults have a bank account, less than half of them have a debit or credit card. Also, 82% of card-holders have actually used their cards for transactions during 365 days prior to the survey. Access to payment cards seems crucial for digital integration. This article attempts to identify policy handles that can help in the spread of payment cards. Their possession is aggregated at district levels and regressed on several indicators. The article identifies that literacy rate, access to banking, road density, prevalence of Self-Help Groups and Co-operative Credit Societies are all significant positive influencers towards digital integration. A similar result is obtained for the usage of payment cards as well. This article comes up with a first glimpse of digital integration at the pan-India level while also providing some policy suggestions for enhancing cashless transactions in India.","PeriodicalId":503812,"journal":{"name":"Vision: The Journal of Business Perspective","volume":"176 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139173645","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":"Assessing Consumers’ Attitude and Intention to Recycle Household Electronic Waste","authors":"Sadat Hussain Ahanger, Irfan Bashir, Adnan Rouf Shah, Mohd Ashraf Parry","doi":"10.1177/09722629231212275","DOIUrl":"https://doi.org/10.1177/09722629231212275","url":null,"abstract":"This study aims to investigate the determinants of attitude and intention to recycle electronic waste. Building on TRA a theoretical framework is developed and tested using a structured questionnaire administered online among 506 university students. The collected data is descriptively analysed with SPSS and structural equation modelling is employed using SMART-PLS (version 3.0). Results show that attitude has positive influence on intention to recycle electronic waste. Notably, incentives emerge as a pivotal factor for recycling intention followed by social influence, sense of responsibility and incentives. The results show that awareness has insignificant influence on intention to recycle e-waste. Further, results confirm that attitude mediates the effect of awareness, incentives, SoR and social influence on intention to recycle e-waste. The study extends TRA by introducing SOR and incentives as novel constructs, enriching understanding of e-waste recycling behaviour. The study offers potential insights into customer perspectives on electronic product obsolescence to enhance e-waste recycling strategies. Understanding how consumers perceive obsolescence allows for product adjustments that align with recycling preferences. Moreover, decision-makers can use the study’s findings to gauge public support for e-waste recycling initiatives. The findings offer valuable guidance for businesses aiming to implement effective e-waste recycling programmes, engage young adults in recycling efforts, l and enhance overall e-waste recycling participation.","PeriodicalId":503812,"journal":{"name":"Vision: The Journal of Business Perspective","volume":"51 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139175720","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":"Budget Deficit Financing and Macroeconomic Outcomes: New Evidence from a VARX Model for the Iranian Economy","authors":"Saeed Bayat, Wahhab Qelich, Hossein Amiri","doi":"10.1177/09722629231214077","DOIUrl":"https://doi.org/10.1177/09722629231214077","url":null,"abstract":"The main goal of the study is to evaluate the impacts of different government deficit financing strategies on GDP growth and inflation in the oil-rich nation of Iran from 1990:1 to 2018:4. The link between the government’s budget deficit and GDP growth is examined using the Explanatory-Augmented Vector Autoregressive (VARX) model. Because of the presence of unmodelled variables in the research, the VARX model was applied. The results of the study indicate that the way that the government finances the budget deficit had a direct impact on GDP growth, such that when the Foreign Exchange Reserve Account (FERA) is for most of the financing, the budget deficit’s impact on GDP growth is positive and its severity is increasing. Although the government’s budget deficit has a positive impact on GDP growth, it becomes less severe when most of the financing is obtained through the Selling Government-Owned Companies (SGOC), and when the sale of Debt Securities (DS) is for most of the financing, the impact of the government’s deficit on GDP growth is positive. The study concludes that there is an insignificant effect of a government’s budget deficit on inflation when most of the deficit is covered by withdrawals from the foreign exchange reserve account. However, the budget deficit has raised inflation when the two other sources of funding have gotten most of the funding. One of the study’s innovations is its investigation of the ways used to finance the government’s budget deficit in oil economies, especially Iran. The use of a VARX model to analyse the impact of the government’s budget deficit on macroeconomic indicators and the severity of that impact is another novel aspect of this research. In the Iranian economy, there is no proper statistical information available about the spending of the budget deficit (especially after 2009). This article concludes with a clear message to policymakers: if the government tends to reduce the share of oil income in financing the budget deficit, increasing the share of debt securities is the best alternative.","PeriodicalId":503812,"journal":{"name":"Vision: The Journal of Business Perspective","volume":"85 12","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139175597","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":"A Conceptual Framework for Tacit Knowledge Transformation in Family Business: A Case Study of Plastic Family Firm in Malaysia","authors":"Lee Kean Yew","doi":"10.1177/09722629231212308","DOIUrl":"https://doi.org/10.1177/09722629231212308","url":null,"abstract":"This article investigates the transformation of tacit knowledge on enterprise development in family business, specifically on generational change. Different generations exhibit different characteristics that will influence organization outcome and strategy management, this motivates the current work to form a conceptual framework, which determines the factors that trigger generation change in family enterprises. First, the case study of plastic family firm examines the firm’s historical profiles that were attained from Malaysia’s companies house (SSM) to assess the organization capabilities towards enterprise development. Second, this article examines the influence of strategy management during generational change upon innovation capacity. In this case study of plastic family firm in Malaysia, this firm focuses on the firms’ ability to keep and advance their tacit knowledge, which prompted them to pick up new technology and skills to achieve innovativeness in their products and services. As the business is inherited by the later generation with a good education background, they tend to form new knowledge.","PeriodicalId":503812,"journal":{"name":"Vision: The Journal of Business Perspective","volume":"52 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139174147","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":"How Green Entrepreneurship Evolved over the Past Two Decades? A Glance Through Bibliometric Analysis","authors":"Neelika Arora, Neeraj Dhiman, Rashmi Shrivastava","doi":"10.1177/09722629231217593","DOIUrl":"https://doi.org/10.1177/09722629231217593","url":null,"abstract":"The goal of this study is to provide a rigorous bibliometric analysis of the subject of green entrepreneurship over the past two decades, giving valuable insights into the significant advancements in the sector. A sample of 2,861 studies from 2003 to 2022 were analysed using the VOSviewer software and with the R programming language. The analysis in the present study is categorized into two parts, that is, performance analysis and science mapping. This study concentrated on performance analysis and scientific mapping of articles. The finding shows that previous research on green entrepreneurship lacked synthesized findings and identification of major themes. This study highlights recently developed themes including social entrepreneurship, sustainable entrepreneurship and innovation that unlock potentially interesting directions for future research. The United States and the United Kingdom were the most productive nations in terms of citations, followed by China and a few European nations like Spain, Germany and the Netherlands. This study will be a resource for investigators in a variety of disciplines to assess the evolution of scholarly works on a certain theme over time, particularly for those working in the field of green entrepreneurship. This study has proposed a unique definition of green entrepreneurship through its thorough and rigorous analytical methods.","PeriodicalId":503812,"journal":{"name":"Vision: The Journal of Business Perspective","volume":"112 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139173763","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":"Volatility Spillover Among the SustainableIndices of Emerging Markets: Evidence from Pre-COVID and COVID Periods","authors":"Satyaban Sahoo, Sanjay Kumar","doi":"10.1177/09722629231212107","DOIUrl":"https://doi.org/10.1177/09722629231212107","url":null,"abstract":"This study investigated the dynamic volatility spillover among the sustainable stock indices of emerging markets such as China, India, South Korea, Thailand, Indonesia and Malaysia. To analyse the return, shock and volatility spillover among these emerging sustainable indices (SIs) during the pre-COVID and COVID periods, the BEKK model has been used. The study also estimated the optimal portfolio weights. The results indicate the presence of return and volatility spillover among the SIs during pre-COVID and COVID periods. The sustainable index of China has been dominant in impacting the return of the two major markets, India and South Korea. The SIs of markets have been significantly affected by their own shock and volatility during both periods. The bi-directional shock spillover effect exists among some pairs of SIs. The study also found that volatility spillover is more during the COVID-19 period. Surprisingly, this research discovered that Malaysia’s sustainable index has impacted the volatility of other major Asian markets during the crisis period. The portfolio weights also favour investments in the sustainable index of Malaysia both in pre-COVID and COVID phases. The study advises the stakeholders to carefully watch the behaviour of SIs to diversify the risk.","PeriodicalId":503812,"journal":{"name":"Vision: The Journal of Business Perspective","volume":"43 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139179422","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 Sustainability Practices: A Systematic Literature Review and Bibliometric Analysis","authors":"K. P. Sabirali, S. Mahalakshmi","doi":"10.1177/09722629231203125","DOIUrl":"https://doi.org/10.1177/09722629231203125","url":null,"abstract":"Corporates are the major users of environmental and human resources for production and related processes. While wealth maximization was prioritised in the past, international organizations and governments now advocate for sustainable practices to protect the ecosystem and vulnerable communities. This article analyses corporate sustainability research to find the literature gap for future researchers. A bibliometric analysis cum systematic literature review was conducted on 116 articles selected from the Scopus database. Corporate sustainability research has gained popularity since 2015, and most studies were undertaken in developed countries. The stakeholder theory is widely used in these studies. The content analysis helped identify themes like determinants of sustainability, relationship between sustainability and firm performance, and sustainability compliance levels. Future studies may assess the impacts of sustainability on factors other than financial performance, such as earnings management, cost of capital, and market risk, and non-financial aspects, such as employee performance and customer relations. Areas like corporate sustainability auditing and assurance offer promising avenues for future exploration. Policy-makers are urged to raise awareness about sustainability among companies and stakeholders to achieve sustainable development.","PeriodicalId":503812,"journal":{"name":"Vision: The Journal of Business Perspective","volume":"15 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139235378","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":"Is Accruals Management Constrained by Institutional Investment Size or Persistence? Indian Market Evidence","authors":"Srikanth Potharla","doi":"10.1177/09722629231198618","DOIUrl":"https://doi.org/10.1177/09722629231198618","url":null,"abstract":"This article examines the relationship between institutional investment stability and the reliability of financial reporting. The sample consists of all publicly traded firms on the Indian market from 2013 to 2021. The size of Institutional investment and its stability are used to regress discretionary accruals. The article also investigates whether the scale of institutional investment, its long-term stability, or both contribute to effective monitoring that limits discretionary accruals. The findings indicate that the persistence of institutional investment and large-scale investment significantly restrict discretionary accruals. This indicates that large institutional investments and their stability improve the quality of financial reporting. However, the monitoring is ineffective when the size of institutional investment is small and/or the persistence of institutional investment is low. Institutional investors can effectively monitor large-scale investments and the persistence of their investments. In the context of promoters pledging shares, neither the size of institutional investment nor its persistence can reduce discretionary accruals. This indicates increased pressure on managers to adopt earnings management when promoters’ shares are pledged. The results also demonstrate that operating assets, operating cycle, and leverage provide more opportunities for earnings management. Conversely, firm size is negatively associated with discretionary accruals. This article is the first to examine the impact of institutional investment stability on accrual management. It offers valuable insights into evaluating corporate reporting quality dynamics, considering the evolving role of institutional investors in the corporate governance of their investee firms.","PeriodicalId":503812,"journal":{"name":"Vision: The Journal of Business Perspective","volume":"14 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139235244","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}