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1 – 10 of 74Rihab Grassa, Anissa Naouar, Mohammed Aqeel, Abdallah Khalil, Bakhit Hamdan and Tayeb Nader
The purpose of this paper is to investigate the factors that determine the long-term readiness of UAE-listed companies to handle environmental, social and governance (ESG) related…
Abstract
Purpose
The purpose of this paper is to investigate the factors that determine the long-term readiness of UAE-listed companies to handle environmental, social and governance (ESG) related opportunities and disruptions.
Design/methodology/approach
In this paper, we use S&P Global Ratings' ESG evaluation to assess the long-term preparedness of UAE-listed companies in addressing ESG risks and opportunities. The score for long-term preparedness provides a forward-looking, cross-sector analysis of a company’s capacity to operate successfully in the future, based on how ESG factors may affect stakeholders and lead to material direct or indirect financial impacts. Specifically, the paper investigates the corporate governance and ownership structure factors that significantly impact the ability of UAE-listed companies to effectively prepare for and respond to long-term ESG risks and opportunities. Our final sample consists of 48 listed companies observed over the period from 2019 to 2021. We employ an ordered logit model for our estimations.
Findings
Our paper findings provide evidence that (1) firm size has a positive significant effect on ESG rating and governance rating implying that larger firms have a robust governance system and strong ability to implement ESG strategies within the organization. (2) Firm performance measured by ROE looks to be an important determinant of ESG rating, environmental rating and social rating. (3) Firm leverage has a positive and significant effect on ESG rating and environmental rating. (4) Board size has a positive effect on social rating and governance rating. (5) Government ownership has a positive and significant effect on ESG rating, environmental rating and governance rating. (6) Institutional ownership has a positive and significant effect on governance rating.
Practical implications
This paper has several practical implications. First, by adopting a forward-looking upstream approach that identifies the determinants of long-term ESG preparedness, it supports the efforts of UAE regulators to enforce ESG strategies among listed firms. Second, the paper provides an overview of the long-term preparedness for ESG risks and opportunities for firms listed on the Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM), which can aid various stakeholders in making informed decisions. Third, the findings underscore the need to strengthen corporate governance mechanisms to promote sustainable development.
Originality/value
To the best of the authors' knowledge, this paper is the first to explore the determinants of long-term preparedness for ESG risks and opportunities among UAE-listed companies, utilizing a unique dataset to assess ESG performance. The research contributes to understanding the factors influencing firms' long-term readiness to handle ESG challenges and supports regulators' efforts to implement ESG strategies in the UAE market.
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Leadership is basically about influence and ability to cultivate followership. This chapter examined the nature of indigenous socio-political leadership in Africa using Zimbabwe…
Abstract
Leadership is basically about influence and ability to cultivate followership. This chapter examined the nature of indigenous socio-political leadership in Africa using Zimbabwe, Sudan and Nigeria as caselets and compared this with the post-colonial or modern-day leadership realities. A survey was conducted among senior executives at Lagos Business School, Nigeria, with a sample size of 200 persons, to find out their perception of the African indigenous leadership system. An overwhelming 90% believe that culture plays a big role in shaping African leadership style. However, two-thirds of the respondents agreed that Africa lacks proper institutional structures to support good leadership, thus encouraging corruption (97% of the respondents) and non-accountability among the leaders. Also, only 5% thought cultural orientation was the reason why the African followers do not hold their leaders accountable. In other words, it is not in the African culture not to hold leaders accountable for their actions. So, what went wrong? We attempted a deeper look at the effect of colonial rule and the attendant militarisation of the African continent. Our conclusion is that the colonisation of the continent by Europe brought significant distortion to the traditional African indigenous leadership institutions and the psyche of the African leader and the followers alike. Post-colonial Africa has witnessed 133 recorded coups d’etat between 1952 and 2016. This chapter is recommended to all those who seek a deeper understanding of the nature of the African indigenous leadership practices and the factors that have shaped these over the years.
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Rohit Yadav, Mohit Yadav and Amit Mittal
Technology for fitness provides users with numerous features that aid the achievement of intended fitness/health goals such as checking consumption habits and adherence to…
Abstract
Purpose
Technology for fitness provides users with numerous features that aid the achievement of intended fitness/health goals such as checking consumption habits and adherence to exercise. Based upon the concepts of self-efficacy and prospect theories, this study aims to inspect the influence of messages frame on behavioral usage of virtual reality (VR) technology intervened fitness exercise.
Design/methodology/approach
By usage of a laboratory-based experiment commissioning certain fitness exercises, this study is conducted on 150 respondents. An assessment is conducted on the efficiency of gain appeal mechanism (exercise performance feedback) toward the usage of VR intervened fitness exercise and measured surge in exercise self-efficacy (ESE), playfulness (PL) and outcome expectations.
Findings
The results show that gain-appealed/framed messages prove advantageous over loss-appealed/framed in performing VR intervened exercises. A bootstrapped (method) mediation analysis confirms higher positive effects of gain-framed messages upon intentions to use VR intervened fitness exercise. VR intervened fitness exercise was strongly and positively mediated by ESE, PL and outcome expectations.
Practical implications
This study is of help to researchers and marketers trying to understand the role played by gain- and loss-framed messages on VR technology enabled fitness exercises.
Originality/value
This study helps VR and fitness technology developers and marketers understand the effectiveness of persuasive performance messages toward VR fitness exercise technology adoption amalgamating message intervention with better technology usage.
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The purpose of this paper is to focus on the lack of financial literacy as one probable factor explaining the low levels of portfolio diversification. The authors consider…
Abstract
Purpose
The purpose of this paper is to focus on the lack of financial literacy as one probable factor explaining the low levels of portfolio diversification. The authors consider distinct aspects of financial literacy and control for socioeconomic and behavioral differences among individual groups of investors.
Design/methodology/approach
The proposed models in this paper use multivariate analysis to examine the relationship between financial literacy and portfolio diversification. Investors’ biases have been measured by means of a questionnaire comprising several items, including indicators of investors’ portfolio fragmentation, financial literacy and socio economic variables. The sample consists of 256 small investors actively trading on the Tunisian stock market.
Findings
The results suggest that investors’ experience, financial literacy level, age, their use of the availability heuristic, familiarity bias and portfolio size, have a significant impact on the diversity of assets included their portfolios.
Research limitations/implications
The main limitation of the empirical study is the small size of the sample. A larger sample would have given more reliable results and could have enabled a wider range of analyzes.
Practical implications
The paper encourages investors to make their investments decisions based on their financial capability and experience levels and to avoid relying on their sentiment.
Social implications
The paper encourages governmental organizations to establish training programmes aimed to develop the individual investor’s financial literacy level.
Originality/value
The current study is the first of its kind focusing on the link between financial literacy and portfolio diversification, within the specific context of Tunisia.
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The purpose of this paper is to identify the critical factors that impact knowledge sharing (KS) and their importance in technology-intensive service organizations in the United…
Abstract
Purpose
The purpose of this paper is to identify the critical factors that impact knowledge sharing (KS) and their importance in technology-intensive service organizations in the United Arab Emirates (UAE).
Design/methodology/approach
An extensive literature review was conducted to identify the critical factors for KS in technology-intensive organizations. Then, an analytical hierarchical process (AHP) was applied to prioritize the primary criteria and sub-criteria. This study consists of nine primary criteria and 34 sub-criteria that are relevant to KS in technology-intensive organizations.
Findings
The results show that organizational leadership (OL) is the most important factor that impacts KS in technology-intensive organizations, which is followed by organizational culture (OC), organizational strategy (OSY), corporate performance (CP), organizational process (OP), employee engagement (EE) and organizational structure (OST). According to the results, the least impactful factor is human resource management (HRM).
Research limitations/implications
Because the results in this study were only obtained from service organizations, future studies can include manufacturing organizations from different countries and additional success factors. Future studies could also use structural equational modelling methodology for better understanding the relations among these critical factors for KS.
Originality value
This paper is one of the first in the UAE to examine the broad range of critical success factors for KS in technology-intensive organizations.
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Ashraf Khalil, Salam Abdallah, Rafiq Hijazi and Kundan Sheikh
This study aims to understand the patterns of content-sharing behaviour on major social media platforms by young adult users with reference to how these sharing patterns are…
Abstract
Purpose
This study aims to understand the patterns of content-sharing behaviour on major social media platforms by young adult users with reference to how these sharing patterns are influenced by two main sociocultural factors in their lives, religiosity and social conformity.
Design/methodology/approach
Online surveys including both the ATSCI test for social conformity as well as the Hoge test for religiosity were filled out by 590 participants. In-depth interviews with six participants representative of the same population were conducted to deepen analysis of key variables explored in the surveys. The design of the interviews was semi-structured, whereby the focus was to achieve a general overview of participants' intentions and habits regarding sharing information via social media.
Findings
The findings show a significant positive impact of religiosity and social conformity on users' sharing intention which, in turn, affects their inclination towards verifying the content they share.
Social implications
The authors' findings emphasise how users bear the onus of correcting the online information space. It paves the way for future research by recognising the value of independent corroboration amongst users.
Originality/value
This study lends key support to the growing body of research on social media use in societies in which shared religious and cultural values tend to clearly impact everyday social interaction.
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Salam Abdallah and Ashraf Khalil
This study aims to understand and a lay a foundation of how analytics has been used in depression management, this study conducts a systematic literature review using two…
Abstract
Purpose
This study aims to understand and a lay a foundation of how analytics has been used in depression management, this study conducts a systematic literature review using two techniques – text mining and manual review. The proposed methodology would aid researchers in identifying key concepts and research gaps, which in turn, will help them to establish the theoretical background supporting their empirical research objective.
Design/methodology/approach
This paper explores a hybrid methodology for literature review (HMLR), using text mining prior to systematic manual review.
Findings
The proposed rapid methodology is an effective tool to automate and speed up the process required to identify key and emerging concepts and research gaps in any specific research domain while conducting a systematic literature review. It assists in populating a research knowledge graph that does not reach all semantic depths of the examined domain yet provides some science-specific structure.
Originality/value
This study presents a new methodology for conducting a literature review for empirical research articles. This study has explored an “HMLR” that combines text mining and manual systematic literature review. Depending on the purpose of the research, these two techniques can be used in tandem to undertake a comprehensive literature review, by combining pieces of complex textual data together and revealing areas where research might be lacking.
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Ashraf Khalil, Huma Zia and Salam Abdallah
The purpose of this paper is to investigate the impact of reciprocity in privacy settings on the compromises and losses in utility encountered by users. The authors base our study…
Abstract
Purpose
The purpose of this paper is to investigate the impact of reciprocity in privacy settings on the compromises and losses in utility encountered by users. The authors base our study on WhatsApp because of the inherent reciprocity in its privacy settings to understand users’ preferences and reasoning in choosing a particular setting in light of its reciprocal consequence.
Design/methodology/approach
The authors present a qualitative study whereby we conducted a series of in-depth interviews with 15 individuals, representing a range of ages, nationalities, work experience and WhatsApp usage frequency. The interviews were semi-structured and thematic analysis was employed.
Findings
The results showed that reciprocity has a strong influence on privacy choices, and users over time adjusted their settings continuously in various ways to balance the overall utility of the application and their privacy. Type of contacts, usage frequency and underlying intent in using the application significantly impact privacy choices.
Practical implications
The findings recommend improved design for Mobile Instant Messaging that enables flexible privacy configurations that can be controlled separately for different groups and for individual contacts.
Originality/value
The paper provides original insights into how reciprocity affects the utility of the application and the privacy choices of the users. The investigation is unique in that the authors know of no other study that looked into the notion of reciprocity and how it affects users’ privacy choices and preferences when built in to Mobile Instant Messaging applications. Overall, the authors believe that this paper adds significantly to a growing body of research on privacy and social media.
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This study aims to help quality professionals in following a precise framework that maintains a company’s performance during health pandemics. In many companies, all quality…
Abstract
Purpose
This study aims to help quality professionals in following a precise framework that maintains a company’s performance during health pandemics. In many companies, all quality methods seem to produce performance improvement at different levels, but lean management and kaizen were superior in preparing manufacturing companies to have high readiness levels when faced with a health pandemic.
Design/methodology/approach
Which quality method can help businesses in performing well during a health pandemic? In order to answer this question and be able to provide specific recommendations toward performing well in all future health pandemics, 500 manufacturing companies were selected and surveyed. The selected companies are known to use at least one quality method such as lean management, ISO 9001, European foundation for quality management (EFQM) and Six Sigma.
Findings
EFQM comes second, then Six Sigma and ISO 9001. Lean creates a healthy workplace and enhances worker's health and well-being. This research helps quality professionals in following a precise framework that maintains performance during health pandemics. Whether the company uses lean or other quality methods, the framework helps in achieving pandemic readiness status. The framework is implemented in a company that does not currently use lean. Implementation resulted in significant improvement in pandemic preparedness, corporate performance and employee well-being.
Originality/value
After the coronavirus disease 2019 (COVID-19) pandemic, all companies should start thinking of creating a workplace that functions well during pandemics. To do that, companies should start including sanitation and health pandemic preparedness as part of their performance measurements. Using lean management and kaizen helps organizations to create a healthy workplace; clean and equipped with smaller number of workers. If organizations choose to use other quality methods, it is okay, but they should enhance these methods with lean tools such as elimination of the seven wastes, gemba, 5S and visual management.
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Mohamed M. El-Dyasty and Ahmed A. Elamer
Although a number of studies suggest that big audit firms provide higher audit quality in strict legal environments, empirical evidence remains inconclusive. As little is known…
Abstract
Purpose
Although a number of studies suggest that big audit firms provide higher audit quality in strict legal environments, empirical evidence remains inconclusive. As little is known about the effect of auditor type on audit quality in less strictly legal environments, this study aims to investigate the impact of auditor type on audit quality in the Egyptian market.
Design/methodology/approach
Data of Egyptian-listed companies during the period 2011–2018 are used. To examine the impact of auditor type on audit quality, ordinary least square regression and robust standard errors clustered at year and industry level are used. This study uses discretionary accruals as a proxy for audit quality. Several additional analyzes are conducted to assess the robustness of the main results, including alternative measures of audit quality and auditor type.
Findings
The results show that audit firms tend to provide higher audit quality when they are affiliated with a foreign audit firm. However, Big 4 auditors do not provide higher audit quality compare to their counterparts. Additionally, the governmental agency, accountability state authority, that monopolize audit function in state-owned companies do not appear to be associated with higher audit quality. Finally, local audit firms have a negative association with audit quality. This may be their strategy to secure future clients that seek low-quality audits.
Research limitations/implications
This study suggests that affiliation with foreign audit firms will help the Egyptian firms to develop their abilities by using advanced technology and techniques and transfer rare expertize to the Egyptian auditors. This study also shows that the strategy adopted by many Egyptian audit firms to affiliate with foreign auditors reflects the desire of these firms to be included in one tier alongside Big 4 audit firms to increase their market share under a claim of providing a higher audit quality.
Originality/value
This study adds to the rare but growing body of literature by investigating how auditor type affects audit quality in the context of less strictly legal environments. The results are important, as investors, standards-setters and regulators have growing concerns over audit quality since the Enron scandal. The findings suggest that audit quality depends on auditor type. These findings have important implications for investors, standards-setters and auditors interested in auditor oversight, audit quality and auditor choice.
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