Arjun Kumar Dahal, G. Bhattarai, Prem Bahadur Budhathoki
{"title":"Impact of foreign trade and foreign direct investment on economic growth: Empirical insights from Nepal","authors":"Arjun Kumar Dahal, G. Bhattarai, Prem Bahadur Budhathoki","doi":"10.21511/ppm.22(1).2024.32","DOIUrl":"https://doi.org/10.21511/ppm.22(1).2024.32","url":null,"abstract":"This study aims to examine the impact of foreign trade and foreign direct investment on Nepal’s long-term economic growth. It uses secondary data from 1989/90 to 2021/22 collected from various economic surveys of the Ministry of Finance of Nepal. Descriptive and explanatory research designs are used in this study. The trace, max-eigen tests, and fully modified least square methods search the long-run co-integration and impact between response and predictor variables. Trace and max-eigen tests consistently point toward the long-run co-integration between dependent (gross domestic product) and independent (import, export, total trade, and foreign direct investment) variables. Exports and imports are found to be negative and statistically significant to explain Nepal’s economic growth. One unit increase in exports results in a 0.748 unit decrease in Nepal’s economic growth. Similarly, total trade volume and foreign direct investment positively impact economic growth. Each unit increase in foreign direct investment results in a 0.0036 unit increase in GDP in Nepal. Foreign trade has a multiplier effect on Nepal’s GDP growth. The 76.35 percent variation in economic growth depends upon total foreign trade volume, exports, imports, and foreign direct investment. To promote sustainable economic growth, policymakers should prioritize policies encouraging increased total foreign trade and foreign direct investment while carefully managing the potential negative impact of excessive reliance on import dynamics.","PeriodicalId":509767,"journal":{"name":"Problems and Perspectives in Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-02-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139958893","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":"Unlocking the sustainable value with digitalization: Views of maritime stakeholders on business opportunities","authors":"Viktoriia Koilo","doi":"10.21511/ppm.22(1).2024.33","DOIUrl":"https://doi.org/10.21511/ppm.22(1).2024.33","url":null,"abstract":"Digitalization in the maritime sector encompasses interconnected technologies that enhance efficiency, risk mitigation, and safety in marine operations and offshore assets management. Digital twin, or virtual assets, plays a pivotal role within this digital ecosystem. This study aims to explore the transformative potential of digital twins in the maritime industry, focusing on their capacity to improve sustainability, optimize productivity, and drive innovative business models. A quantitative methodology was employed to investigate this potential in the maritime sector, utilizing questionnaires to gather insights and perspectives from key stakeholders in the Northwestern part of Norway’s maritime industry, including ship designers, shipyards, equipment suppliers, and ship owners. Among the 23 respondents, there were individuals holding senior, leadership, management, and specialized digitalization roles. Notably, 65% of these respondents possessed over 20 years of experience in the maritime industry. The survey reveals a strong interest in adopting digital twins within the maritime sector (70% of respondents). The findings underscore the potential advantages of digital twin solutions, including predictive maintenance (16%), real-time operational efficiency enhancements (17%), and design optimization (18%). Nevertheless, implementation complexity (73.9%) and data integration (73.9%) loom significant obstacles. Respondents also recognize the potential for new product opportunities and innovative business models arising from digital twin implementation. Sustainability initiatives are emphasized, particularly in real-time monitoring (83%), retrofitting (74%), and predictive maintenance (65%). Cybersecurity (65%) and data protection (62%) are critical concerns. Furthermore, implementing digital twins is anticipated to promote collaboration and information sharing among maritime industry stakeholders, underscoring their potential for transformative impact.","PeriodicalId":509767,"journal":{"name":"Problems and Perspectives in Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-02-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139958561","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}
Medina Adulyarat, Najmee Adulyarat, Long Kim, Laura Poskin, Suchita Manajit
{"title":"Factors influencing attitudes toward aging workforce: Evidence from college students in Southern Thailand","authors":"Medina Adulyarat, Najmee Adulyarat, Long Kim, Laura Poskin, Suchita Manajit","doi":"10.21511/ppm.22(1).2024.15","DOIUrl":"https://doi.org/10.21511/ppm.22(1).2024.15","url":null,"abstract":"As the aging population grows, examining attitudes and intentions toward joining the aging workforce is of greater importance. This study examines factors influencing Southern Thai college students’ attitudes and intentions to join the aging workforce. A cross-sectional survey was conducted among 412 undergraduate students from three universities in the region. The survey measured attitudes, subjective norms, perceived behavioral control, and intention to be older workers based on the theory of planned behavior using a 5-point Likert scale. The data were analyzed using the path analysis technique. The findings indicated significant associations between attitudes, subjective norms, perceived behavioral control, and intentions to be older workers among college students. Attitudes toward older workers positively influenced subjective norms (β = 0.71, p = 0.001), and perceived behavioral control also had a significant impact on subjective norms (β = 0.11, p = 0.05) and on the intention to be older workers (β = 0.23, p < 0.05). Subjective norms, in turn, positively influenced intentions to be older workers (β = 0.42, p < 0.001). In conclusion, this study highlights the importance of attitudes, subjective norms, and perceived behavioral control as factors in influencing college students’ intention to join the aging workforce.\u0000AcknowledgmentThis study is supported by the Research and Innovation Institute of Excellence, Walailak University, under Grant No. WU66251.","PeriodicalId":509767,"journal":{"name":"Problems and Perspectives in Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139533082","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 entrepreneurial behavior on entrepreneurial human resources management: The mediating role of entrepreneurial orientation","authors":"Shadi Altahat, Mohammad Alnadi","doi":"10.21511/ppm.22(1).2024.13","DOIUrl":"https://doi.org/10.21511/ppm.22(1).2024.13","url":null,"abstract":"Entrepreneurial human resources management can establish competitive advantages by consistently fostering superior human resources contributions within companies. This is achieved through the development of skilled employees who are passionate about delivering quality products and services. This study sets out to explore the role of entrepreneurial orientation for small and medium-sized enterprises (SMEs), particularly the relationship between entrepreneurial behavior and entrepreneurial human resource management. An online questionnaire technique was used to meet the research objectives. The study sample consisted of 356 participants from human resource management departments from 30 SMEs in the Al-Hassan Industrial Estate (HIE) in northern Jordan. The structural equation modeling (SEM) was used to examine the data. The results displayed that entrepreneurial behavior positively and significantly impacts both entrepreneurial human resources management and entrepreneurial orientation. Additionally, entrepreneurial orientation positively impacts entrepreneurial human resources management. Entrepreneurial orientation partially mediates the relationship between entrepreneurial behavior and entrepreneurial human resources management. According to these findings, human resources management policies and practices influence the level of entrepreneurship within an organization.","PeriodicalId":509767,"journal":{"name":"Problems and Perspectives in Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139439793","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}
O. Pasko, Li Zhang, Edward Markwei Martey, T. Kuts, Linus Baka Joshua
{"title":"Does managerial ability matter in corporate sustainability-related dynamics? An empirical investigation","authors":"O. Pasko, Li Zhang, Edward Markwei Martey, T. Kuts, Linus Baka Joshua","doi":"10.21511/ppm.22(1).2024.12","DOIUrl":"https://doi.org/10.21511/ppm.22(1).2024.12","url":null,"abstract":"This study aims to assess the intricate interplays between managerial ability, corporate social responsibility (CSR), and firm value, focusing on 3,498 company-year observations sourced from the RANKINS CSR RATINGS and China Stock Market & Accounting Research (CSMAR) databases representing China’s Shanghai and Shenzhen A-share listed companies from 2009 to 2018. Employing a rigorous sample selection process and utilizing data from reliable databases, the research employs a comprehensive methodology to explore the intricate corporate sustainability-related dynamics influencing organizational success and societal impact.The findings reveal a compelling negative correlation between managerial ability and CSR performance, corroborating previous research and suggesting potential challenges in reconciling managerial competence with social responsibility priorities. Furthermore, this paper establishes a negative correlation between CSR and firm value, with managerial ability influencing the magnitude of this impact, underscoring the significance of managerial skills in moderating the relationship between CSR initiatives and overall corporate performance. Moreover, the study uncovers a robust positive correlation between managerial ability and firm value, emphasizing the pivotal role of adept leadership in achieving higher corporate valuation. It provides valuable insights for practitioners, policymakers, and scholars, creating a conducive environment for well-informed decision-making. In the ever-changing corporate landscape, a deep understanding of these interconnections is essential to nurture business practices that are both sustainable and value-oriented.\u0000AcknowledgmentThis paper is co-funded by the European Union through the European Education and Culture Executive Agency (EACEA) within the project “Embracing EU corporate social responsibility: challenges and opportunities of business-society bonds transformation in Ukraine” – 101094100 — EECORE – ERASMUS-JMO-2022-HEI-TCH-RSCH-UA-IBA/ERASMUS-JMO-2022-HEI-TCHRSCH https://eecore.snau.edu.ua/Oleh PASKO expresses sincere gratitude for the support from the Kirkland Research Program, generously provided by the Leaders of Change Foundation established by the Polish-American Freedom Foundation.","PeriodicalId":509767,"journal":{"name":"Problems and Perspectives in Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139439236","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":"Nexus of business intelligence capabilities, firm performance, firm agility, and knowledge-oriented leadership in the Jordanian high-tech sector","authors":"Khaldoon Khawaldeh, Amro Alzghoul","doi":"10.21511/ppm.22(1).2024.11","DOIUrl":"https://doi.org/10.21511/ppm.22(1).2024.11","url":null,"abstract":"The objective of this study is to investigate the influence of business intelligence capabilities on firm performance, with a specific emphasis on the role of firm agility and the impact of knowledge-oriented leadership within this association. The paper used a quantitative approach using data from a sample of 237 participants randomly chosen from a pool of 34 high-tech companies in Jordan. The study included a diverse range of participants, including individuals occupying various professions, such as managers, supervisors, analysts, and other relevant positions. This broad sample was selected to provide a full comprehension of the influence of business intelligence capabilities on firm performance. This approach allowed for the inclusion of various organizational levels and views, therefore capturing a wide range of insights. The study used the partial least squares modeling technique to analyze cross-sectional data to investigate the proposed model. The findings of this analysis, with a statistically significant p-value of less than 0.05, elucidate that the capabilities of business intelligence exert a substantial influence on the agility of a firm, subsequently affecting the firm’s overall performance. Moreover, firm agility mediates the correlation between its business intelligence capabilities and firm performance. Additionally, knowledge-oriented leadership moderates the effect of business intelligence capabilities on firm agility.","PeriodicalId":509767,"journal":{"name":"Problems and Perspectives in Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139444737","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}
Rahmad Bahagia, Raihanah Daulay, Nel Arianty, Rini Astuti
{"title":"Transformational leadership, emotional intelligence, and innovative work behavior: Mediating roles of knowledge sharing at public hospitals in Indonesia","authors":"Rahmad Bahagia, Raihanah Daulay, Nel Arianty, Rini Astuti","doi":"10.21511/ppm.22(1).2024.10","DOIUrl":"https://doi.org/10.21511/ppm.22(1).2024.10","url":null,"abstract":"Innovative behavior refers to the deliberate engagement in activities to generate and embrace novel ideas, concepts, or approaches to execute and accomplish tasks effectively. This study aims to investigate the impact of transformational leadership and emotional intelligence on innovative work behavior through knowledge sharing. The research population was employees in several public hospitals in Medan, North Sumatra, Indonesia. This quantitative study used survey methodology by sending questionnaires to administrative employees of public hospitals. The samples for this study consisted of 129 administrative employees with a minimum of one year of service at various public hospitals. The investigation employed a Likert scale questionnaire to gather data, which were subsequently analyzed utilizing SEM-PLS in conjunction with SmartPLS 4.0 software. The findings of this study indicate the influence between transformational leadership and emotional intelligence on knowledge sharing (p < 0.05) and innovative work behavior (p < 0.05). In addition, knowledge sharing affects innovative work behavior (p < 0.05). Knowledge sharing mediates the influence of transformational leadership on innovative work behavior (p < 0.05), and knowledge sharing mediates the influence of emotional intelligence on innovative work behavior (p < 0.05).\u0000AcknowledgmentThe funding for this study was provided by the budget allocated to Universitas Muhammadiyah Sumatera Utara for the fiscal year 2023. Hence, we express our profound appreciation to the Rectorate of Universitas Muhammadiyah Sumatera Utara and the Institute for Research and Community Service (LPPM) of Universitas Muhammadiyah Sumatera Utara.","PeriodicalId":509767,"journal":{"name":"Problems and Perspectives in Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139444902","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 employee engagement and innovation performance on business success in manufacturing and service enterprises in Albania and Kosovo","authors":"Ludmilla Shkurti, Labeat Mustafa","doi":"10.21511/ppm.22(1).2024.09","DOIUrl":"https://doi.org/10.21511/ppm.22(1).2024.09","url":null,"abstract":"This study aims to investigate the interplay between employee engagement and innovation performance in shaping the success of manufacturing and service enterprises in Albania and Kosovo. The data collection involved the distribution of questionnaires to entrepreneurs, managers, and employees of the enterprises, with direct interviews conducted in some cases. The data collection period spanned from the end of 2022 to the beginning of 2023. SPSS was employed to create the database and analyze the collected data. The study encompasses 190 companies operating in the services and production sectors, with 100 located in Albania and 90 in Kosovo. The selection of these sectors is based on their significant contribution to the region’s economic landscape. Of the total enterprises, 105 (55%) are manufacturing enterprises, and 85 (45%) are service enterprises.The findings reveal a robust and positive correlation between employee engagement, innovation performance, and business success. Employee engagement (r = 0.458**) and innovation performance (r = 0.396**) exhibit significant correlations (p < 0.01), with both factors demonstrating statistical significance (p = 0.000). The multivariate regression analysis confirms the positive influence of both employee engagement and innovation performance on business success, supported by a significance of ANOVA analysis (p = .000). This study contributes to the understanding of the specific dynamics of employee engagement and innovation performance in the context of manufacturing and service enterprises in Albania and Kosovo. It offers valuable insights for managers and entrepreneurs seeking to enhance the success of their organizations.","PeriodicalId":509767,"journal":{"name":"Problems and Perspectives in Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139446466","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}