{"title":"Accelerating Financial Inclusion of the Urban Poor: Role of Innovative e-Payment Systems and JAM Trinity in Alleviating Poverty in India","authors":"Jaskirat Singh, Manjit Singh","doi":"10.1177/09721509231222609","DOIUrl":"https://doi.org/10.1177/09721509231222609","url":null,"abstract":"Financial exclusion of low-income groups in urban areas remains a key policy challenge in India. This study examines the potential of e-payment systems and the Jan Dhan Aadhaar Mobile (JAM) trinity in enhancing access of the urban poor to social welfare schemes, thereby alleviating poverty. A survey of 585 economically weaker section households across 12 cities in Punjab state was conducted. The results indicate greater awareness of mobile and UPI payments compared to cards, but adoption gaps exist across demographic segments. Younger educated male earners perceive individual benefits like convenience and government benefits like transparency in e-payments. Integrating innovative e-payments in welfare programs increases the reliability of transactions, leading to positive multiplier effects on income, assets and skills and reducing vulnerabilities for the urban poor. The findings highlight the need for targeted initiatives by policymakers and Fintech firms to digitize payments and customized implementation measures to promote adoption among low-income citizen groups. This includes digital literacy programs, trust-building, co-creating tailored products and integrating e-payment mechanisms into social schemes. Thus, leveraging Fintech innovations through strategic policies and cross-sector partnerships can significantly advance financial inclusion to create a more equitable digital economy where the urban poor are not left behind.","PeriodicalId":503988,"journal":{"name":"Global Business Review","volume":"2 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139783162","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":"Impact of Social Media Influencers Credibility on Destination Brand Trust and Destination Purchase Intention: Extending Meaning Transfer Model?","authors":"A. Najar, Iram Sadia Wani, Ab Hamid Rather","doi":"10.1177/09721509241225354","DOIUrl":"https://doi.org/10.1177/09721509241225354","url":null,"abstract":"This study is intended to know the effect of sub-dimensions of social media influencer’s credibility (SMIC) on destination purchase intention (DPI) of visitors, and the mediating role of destination brand trust (DBT) in the relationship. Grounded in the positivism paradigm, the study adopts a quantitative approach. A total of 356 tourists during their Kashmir trip participated in the questionnaire survey. Descriptive analysis using Statistical Package for Social Sciences (SPSS 22.0) software and structural equation modelling to test the proposed model was conducted by using Analysis of Moment Structures software (AMOS 23.0). Results of this study revealed that SMIC (trustworthiness, similarity, attractiveness) significantly impacted DBT and DPI. Additionally, the relationship between SMIC and DPI was considerably mediated by DBT. Further, Meaning Transfer Model is also validated, as the results of this study were in resonance with this theory. The results of this study will facilitate tourism policy makers in framing policies and choosing the most appropriate social media influencer (SMI), as well as guide people who looking forward at influencer marketing as a career and researchers working on social media marketing within tourism.","PeriodicalId":503988,"journal":{"name":"Global Business Review","volume":"98 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139853097","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}
Tho Hoang Nguyen, Hien Vo Van, Malik Abu Afifa, Nha Minh Nguyen
{"title":"Environmental Corporate Social Responsibility and Environmental Performance: The Role of Green Human Resource Management and Green Transformational Leadership","authors":"Tho Hoang Nguyen, Hien Vo Van, Malik Abu Afifa, Nha Minh Nguyen","doi":"10.1177/09721509241226576","DOIUrl":"https://doi.org/10.1177/09721509241226576","url":null,"abstract":"The environment issue is currently receiving a lot of attention due to the trend of economic development associated with environmental protection, especially in developing countries. Therefore, this study investigates the relationships between environmental corporate social responsibility (ESCR), green human resource management (GHRM), green transformational leadership (GTL), and environmental performance (EP) in Vietnamese manufacturing companies. The study uses partial least squares structural equation modelling (PLS-SEM) to analyze data from 168 managers who are working in Vietnamese manufacturing companies. The study results show that the ECSR positively impacts GHRM, and GHRM positively impacts EP. Furthermore, ECSR has an indirect effect on EP via the mediating role of GHRM, and the influence of GHRM on EP is moderated by GTL. Finally, the findings empirically contribute to the body of literature in the context of ECSR, EP, GHRM, and GTL, utilizing the natural resource-based view theory and the Ability, Motivation, and Opportunity (AMO) theory.","PeriodicalId":503988,"journal":{"name":"Global Business Review","volume":" 23","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139793471","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}
Tho Hoang Nguyen, Hien Vo Van, Malik Abu Afifa, Nha Minh Nguyen
{"title":"Environmental Corporate Social Responsibility and Environmental Performance: The Role of Green Human Resource Management and Green Transformational Leadership","authors":"Tho Hoang Nguyen, Hien Vo Van, Malik Abu Afifa, Nha Minh Nguyen","doi":"10.1177/09721509241226576","DOIUrl":"https://doi.org/10.1177/09721509241226576","url":null,"abstract":"The environment issue is currently receiving a lot of attention due to the trend of economic development associated with environmental protection, especially in developing countries. Therefore, this study investigates the relationships between environmental corporate social responsibility (ESCR), green human resource management (GHRM), green transformational leadership (GTL), and environmental performance (EP) in Vietnamese manufacturing companies. The study uses partial least squares structural equation modelling (PLS-SEM) to analyze data from 168 managers who are working in Vietnamese manufacturing companies. The study results show that the ECSR positively impacts GHRM, and GHRM positively impacts EP. Furthermore, ECSR has an indirect effect on EP via the mediating role of GHRM, and the influence of GHRM on EP is moderated by GTL. Finally, the findings empirically contribute to the body of literature in the context of ECSR, EP, GHRM, and GTL, utilizing the natural resource-based view theory and the Ability, Motivation, and Opportunity (AMO) theory.","PeriodicalId":503988,"journal":{"name":"Global Business Review","volume":"22 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139853187","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":"Impact of Social Media Influencers Credibility on Destination Brand Trust and Destination Purchase Intention: Extending Meaning Transfer Model?","authors":"A. Najar, Iram Sadia Wani, Ab Hamid Rather","doi":"10.1177/09721509241225354","DOIUrl":"https://doi.org/10.1177/09721509241225354","url":null,"abstract":"This study is intended to know the effect of sub-dimensions of social media influencer’s credibility (SMIC) on destination purchase intention (DPI) of visitors, and the mediating role of destination brand trust (DBT) in the relationship. Grounded in the positivism paradigm, the study adopts a quantitative approach. A total of 356 tourists during their Kashmir trip participated in the questionnaire survey. Descriptive analysis using Statistical Package for Social Sciences (SPSS 22.0) software and structural equation modelling to test the proposed model was conducted by using Analysis of Moment Structures software (AMOS 23.0). Results of this study revealed that SMIC (trustworthiness, similarity, attractiveness) significantly impacted DBT and DPI. Additionally, the relationship between SMIC and DPI was considerably mediated by DBT. Further, Meaning Transfer Model is also validated, as the results of this study were in resonance with this theory. The results of this study will facilitate tourism policy makers in framing policies and choosing the most appropriate social media influencer (SMI), as well as guide people who looking forward at influencer marketing as a career and researchers working on social media marketing within tourism.","PeriodicalId":503988,"journal":{"name":"Global Business Review","volume":" 31","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139793130","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":"Unravelling the Impact of Financial Literacy on the Intention of Indian Retail Investors to Adopt Socially Responsible Investments: The Interplay of Social Self-Efficacy as a Mediating Mechanism","authors":"Debopriya Kar, B. Patro","doi":"10.1177/09721509231223571","DOIUrl":"https://doi.org/10.1177/09721509231223571","url":null,"abstract":"In the context of the escalating socio-economic disparities and environmental concerns, this study delves into the intricate interplay among financial literacy (FL), social self-efficacy (SSE) and intentions for socially responsible investment (SRI). Grounded firmly in the theory of planned behaviour, a survey of 235 Indian participants was conducted employing a meticulously structured questionnaire and leveraging Partial Least Squares Structural Equation Modelling software for robust data analysis. The research addresses pivotal questions, examining the impact of FL on fostering positive SRI attitudes, appraising the influence of subjective norms (SNs) on the intentions of Indian investors regarding SRI, and exploring the mediating role of SSE between FL and SRI intentions. The findings underscore the substantive role of FL in shaping positive attitudes towards SRI, exerting a direct influence on SRI propensities. Concurrently, SNs exert a comparable impact on SRI intentions. Notably, the study unravels a dual mediation paradigm, elucidating the sequential mediation of SRI attitude and SSE. The study yields pragmatic implications for fund managers and policymakers. It accentuates the strategic imperative of effective communication of investment benefits, necessitating tailored approaches attuned to cognitive and psychosocial orientations. In essence, the study augments our understanding of the nuanced dynamics guiding sustainable investment decisions, thereby advancing the comprehension of investor behaviour in the domain of responsible investing.","PeriodicalId":503988,"journal":{"name":"Global Business Review","volume":"61 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139801880","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":"Charting an Economic Sustainability Path: Quantile Regression Analysis of Green Finance and Financial Development in Newly Industrialized Economies","authors":"Saqib Mehmood, Rudsada Kaewsaeng-on","doi":"10.1177/09721509231224019","DOIUrl":"https://doi.org/10.1177/09721509231224019","url":null,"abstract":"Sustainability, once a fringe concept, has become a central theme in global discourse, commanding the attention of governments, industries, and individuals alike. Newly industrialized countries (NICs) stand as exemplars of economies in transition, teetering on the precipice of prosperity and vulnerability. The present study aimed to chart economic sustainability through green finance and financial development in NICs. The study uses Panel Quantile Regression (PQR) and robustness analysis using annual data from 1998 to 2022. Overall, the study results indicate heterogeneity in the impacts of green finance, financial development, and foreign direct investment on the economic sustainability of NICs. The findings from the PQR unveiled that green finance contributes to economic sustainability in lower and middle quantiles (15th, 25th and 50th quantiles) while showing negative but insignificant effects in higher quantiles (75th and 95th quantiles). Financial development is proxied through three distinct variables; however, the heterogeneity in the results of all the quantiles can be witnessed. In addition, the positive and significant impacts of FDI were validated approximately across all quartiles (15–75th), but positive and insignificant effects are endorsed in the 95th quantile. Compared heterogeneous panel estimators support analogous results; however, the amplitude of their parameters varied substantially. Finally, quantile slope equality and symmetric quantiles test as robustness analysis confirmed the authenticity of the results. Therefore, this study’s empirical findings can assist policymakers in comprehending how green finance, financial development, and FDI can achieve economic sustainability and address sustainability issues. JEL Classification F43, F65, O11, Q20","PeriodicalId":503988,"journal":{"name":"Global Business Review","volume":"151 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139859482","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":"Charting an Economic Sustainability Path: Quantile Regression Analysis of Green Finance and Financial Development in Newly Industrialized Economies","authors":"Saqib Mehmood, Rudsada Kaewsaeng-on","doi":"10.1177/09721509231224019","DOIUrl":"https://doi.org/10.1177/09721509231224019","url":null,"abstract":"Sustainability, once a fringe concept, has become a central theme in global discourse, commanding the attention of governments, industries, and individuals alike. Newly industrialized countries (NICs) stand as exemplars of economies in transition, teetering on the precipice of prosperity and vulnerability. The present study aimed to chart economic sustainability through green finance and financial development in NICs. The study uses Panel Quantile Regression (PQR) and robustness analysis using annual data from 1998 to 2022. Overall, the study results indicate heterogeneity in the impacts of green finance, financial development, and foreign direct investment on the economic sustainability of NICs. The findings from the PQR unveiled that green finance contributes to economic sustainability in lower and middle quantiles (15th, 25th and 50th quantiles) while showing negative but insignificant effects in higher quantiles (75th and 95th quantiles). Financial development is proxied through three distinct variables; however, the heterogeneity in the results of all the quantiles can be witnessed. In addition, the positive and significant impacts of FDI were validated approximately across all quartiles (15–75th), but positive and insignificant effects are endorsed in the 95th quantile. Compared heterogeneous panel estimators support analogous results; however, the amplitude of their parameters varied substantially. Finally, quantile slope equality and symmetric quantiles test as robustness analysis confirmed the authenticity of the results. Therefore, this study’s empirical findings can assist policymakers in comprehending how green finance, financial development, and FDI can achieve economic sustainability and address sustainability issues. JEL Classification F43, F65, O11, Q20","PeriodicalId":503988,"journal":{"name":"Global Business Review","volume":"226 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139799602","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":"Unravelling the Impact of Financial Literacy on the Intention of Indian Retail Investors to Adopt Socially Responsible Investments: The Interplay of Social Self-Efficacy as a Mediating Mechanism","authors":"Debopriya Kar, B. Patro","doi":"10.1177/09721509231223571","DOIUrl":"https://doi.org/10.1177/09721509231223571","url":null,"abstract":"In the context of the escalating socio-economic disparities and environmental concerns, this study delves into the intricate interplay among financial literacy (FL), social self-efficacy (SSE) and intentions for socially responsible investment (SRI). Grounded firmly in the theory of planned behaviour, a survey of 235 Indian participants was conducted employing a meticulously structured questionnaire and leveraging Partial Least Squares Structural Equation Modelling software for robust data analysis. The research addresses pivotal questions, examining the impact of FL on fostering positive SRI attitudes, appraising the influence of subjective norms (SNs) on the intentions of Indian investors regarding SRI, and exploring the mediating role of SSE between FL and SRI intentions. The findings underscore the substantive role of FL in shaping positive attitudes towards SRI, exerting a direct influence on SRI propensities. Concurrently, SNs exert a comparable impact on SRI intentions. Notably, the study unravels a dual mediation paradigm, elucidating the sequential mediation of SRI attitude and SSE. The study yields pragmatic implications for fund managers and policymakers. It accentuates the strategic imperative of effective communication of investment benefits, necessitating tailored approaches attuned to cognitive and psychosocial orientations. In essence, the study augments our understanding of the nuanced dynamics guiding sustainable investment decisions, thereby advancing the comprehension of investor behaviour in the domain of responsible investing.","PeriodicalId":503988,"journal":{"name":"Global Business Review","volume":"89 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139861543","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":"Celebrity Credibility by Fuzzy Set Qualitative Comparative Analysis (fsQCA) and Regression Analysis","authors":"Hulya Bakirtas, Mukaddes Ozlem Celik Celik","doi":"10.1177/09721509231221982","DOIUrl":"https://doi.org/10.1177/09721509231221982","url":null,"abstract":"Previous studies on reading habits overlooked the potential role of celebrities in reading books. This study assesses how celebrities influence young people to purchase books. The study, which is based on the fsQCA, helps to reveal some of the subtleties related to the intention of young people to purchase books. The data were collected in two stages. In the first phase, a preliminary study was conducted in order to determine the celebrities that young people liked and followed. Preliminary research was carried out at a university in Turkey. In the first phase, 332 surveys were completed. In the second phase, a total of 620 surveys were completed. The study used regression analysis and fsQCA. It was found that celebrities and TV series have a significant effect on book purchase intention. It is also seen that celebrities influence the intention of young people to purchase books again. The findings have important implications on celebrity effect for both publishers and consumers.","PeriodicalId":503988,"journal":{"name":"Global Business Review","volume":"68 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139801856","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}