Disability employment and financial performance: the effect of technological innovation of listed firms in India
ISSN: 1747-1117
Article publication date: 6 May 2020
Issue publication date: 30 April 2021
Abstract
Purpose
Technological innovation (TI) has become a competitive advantage to firm sustainability and survival; however, stakeholders struggle to embrace this revolution. There is a fear that technology innovation leads to massive job loss. Therefore, the purpose of this paper is to investigate TI, employee disability (EDI) and financial performance.
Design/methodology/approach
Using the Indian stock market as a testing ground, the authors used panel regression to analyse 80 sustainability-reporting firms (640 firm-year observations) between 2010 and 2017.
Findings
The findings show that technology innovation has a positive association with EDI. It further indicates EDI with TI improves the financial performance (return on assets and return on equity) of firms. Also, the study shows that EDI in the service and manufacturing sector are the critical contributors when combined with TI towards an increase in financial performance.
Practical implications
The implication for the study allows firms to increase employment of people with disabilities in the workplace because TI has a positive effect on EDI. The results from the study confirm the service sector as the highest contributor to financial performance in the emergence of TI.
Originality/value
The novelty of this research provides empirical evidence that the service sector contributes more to financial performance when EDI combines with TI.
Keywords
Acknowledgements
The research article achieved significant contribution, especially in the areas of how to write useful articles and a scientific method of reviewing literature from the below Professors. Dr M. Abdul Mujeebu, Associate Professor, Department of Building Engineering College of Architecture and Planning, Imam Abdulrahman Bin Faisal University Dammam, Kingdom of Saudi Arabia. Dr Vikash Ramiah, Associate Professor, School of Commerce, University of South Australia, 37-43 North Terrace, City West, Adelaide, South Australia 5000, Australia. Dr Amitabh Anand, Assistant Professor and Head of International Business, SKEMA Business School, University of Cote d’Azur, France.
Citation
Oware, K.M. and Mallikarjunappa, T. (2021), "Disability employment and financial performance: the effect of technological innovation of listed firms in India", Social Responsibility Journal, Vol. 17 No. 3, pp. 384-398. https://doi.org/10.1108/SRJ-09-2019-0299
Publisher
:Emerald Publishing Limited
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