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1 – 10 of 298Emmanuel Adegbite, Kenneth Amaeshi, Franklin Nakpodia, Laurence Ferry and Kemi C. Yekini
This paper aims to examine two important issues in corporate social responsibility (CSR) scholarship. First, the study problematises CSR as a form of self-regulation. Second, the…
Abstract
Purpose
This paper aims to examine two important issues in corporate social responsibility (CSR) scholarship. First, the study problematises CSR as a form of self-regulation. Second, the research explores how CSR strategies can enable firms to recognise and internalise their externalities while preserving shareholder value.
Design/methodology/approach
This study uses a tinged shareholder model to understand the interactions between an organisation’s CSR approach and the effect of relevant externalities on its CSR outcomes. In doing this, the case study qualitative methodology is adopted, relying on data from one Fidelity Bank, Nigeria.
Findings
By articulating a tripodal thematic model – governance of externalities in the economy, governance of externalities in the social system and governance of externalities in the environment, this paper demonstrates how an effective combination of these themes triggers the emergence of a robust CSR culture in an organisation.
Research limitations/implications
This research advances the understanding of the implication of internalising externalities in the CSR literature in a relatively under-researched context – Nigeria.
Originality/value
The data of this study allows to present a governance model that will enable managers to focus on their overarching objective of shareholder value without the challenges of pursuing multiple and sometimes conflicting goals that typically create negative impacts to non-shareholding stakeholders.
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Emeka Smart Oruh and Chianu Harmony Dibia
Since its inception, the term ‘corporate governance’ (CG) has attracted mainstream attention, continuing to generate discussion among academics, practitioners and policy-makers…
Abstract
Since its inception, the term ‘corporate governance’ (CG) has attracted mainstream attention, continuing to generate discussion among academics, practitioners and policy-makers. This heightened interest generally revolves around clarifying the principles of CG, both in theory and practice. This is particularly important in the context of emerging economies, where the sociocultural ethos and values often differ from those of most developed economies, where the CG concept was conceived and developed. In this vein, this chapter draws on empirical data to explore practical CG challenges faced by corporations in the Nigerian manufacturing and banking sectors. Nigeria is a country whose dominant national culture is one of high-power distance (HPD), which endorses servant-master relationships and encourages deference to authority. In this study, we found that HPD culture can undermine stakeholders’ ability to hold corporate executives to account on practices and behaviours that are antithetical to principles of corporate integrity and ethics, accountability, transparency, autonomy and stakeholder engagement, which in turn, leads to (and exacerbates) corporate misgovernance among businesses in the sectors. The theoretical and practical implications of the study are expatiated in the discussion section.
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Siti Aisjah and Sri Palupi Prabandari
Small and medium enterprises (SMEs) are expected to be more creative and innovative to survive in the business competition and to make their businesses environmentally friendly…
Abstract
Small and medium enterprises (SMEs) are expected to be more creative and innovative to survive in the business competition and to make their businesses environmentally friendly, to develop global supply chain strategies, and to make innovations in products and business processes to become indispensable. This study discusses the effect of green supply chain integration (GSCI) and environmental uncertainty on performance through the moderation of green innovation. Structural equation modeling and maximum likelihood estimation were used to analyze a sample of 130 SMEs in East Java, Indonesia. The result shows that GSCI and environmental uncertainty significantly affect performance, and green innovation significantly moderates the effect. This research found that SME’s performance is influenced by GSCI concept and green innovation application as well as SME’s understanding about recent and future environmental uncertainties; this fits the market demand.
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Babalola O. O., Amiolemen S. O., Adegbite S. A. and Ojo-Emmanuel G.
Innovation is not just an individual act of learning by a firm or entrepreneur, but anchored within a larger system that enables and draws on the innovation process. Hence there…
Abstract
Innovation is not just an individual act of learning by a firm or entrepreneur, but anchored within a larger system that enables and draws on the innovation process. Hence there is need to study internal and external factors that influence technological innovation outputs of small and medium enterprises (SMEs). SMEs at four industrial estates in Nigeria were sampled for this study. Several internal factors such as firm size, turnover, age, ownership, and expenditure on innovation activities did not have significant relationships with innovation output, signifying they are not the factors promoting innovation levels. Quality of human resources and interactions with suppliers as an external factor within the national innovation system (NIS) both made significant impact on innovation. Innovative performance of the firms is mainly influenced by demand or market pull factors more than technology push sources. The study recommends increasing interaction and dynamism within the NIS; substantial investment to galvanize industrial and technological capabilities of the firms and their supply chains; and adequate supply of infrastructure and funds to SMEs.
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Women's contributions to socio-economic development of many developed and developing economies have improved substantially over the years. However, women participation in economic…
Abstract
Women's contributions to socio-economic development of many developed and developing economies have improved substantially over the years. However, women participation in economic development and contributions to Gross Domestic Product (GDP) are still inadequate as a result of insufficient access to finance to enhance their business performance and other challenging factors such as infrastructure, government policy and enabling business environment. This study aimed to examine the financing issues faced with female entrepreneurs in Nigeria in terms of supply side finance gap that hinders their performance. Other specific objectives are to: establish reasons for external source of finance; identify various financial options available for female-owned businesses in Nigeria; investigate the effect of financial options on the performances of female-owned businesses in Nigeria. Survey research design was employed with administration of structured questionnaire on nine hundred and seventy five (975) female entrepreneurs of selected Micro Small and Medium Enterprises (MSMEs) from the population of nine million, six hundred and two thousand, two hundred and forty nine (9,602,249). Data analysis was carried out using descriptive statistics (frequency, percentages, mean, standard deviation) and inferential statistics of regression analysis. Results of the regression analysis at 5% significant level using two-tailed test for all the variables of financial options displayed significant effects on the performance of female businesses in Nigeria. It was recommended that more female-owned businesses should take the advantage of these financial options to enhance business performance as only 38% of them have successfully utilized these financial sources to bridge the finance gap.
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The purpose of this paper is to assess the level of financial literacy and impact on youth entrepreneurship in South Africa.
Abstract
Purpose
The purpose of this paper is to assess the level of financial literacy and impact on youth entrepreneurship in South Africa.
Design/methodology/approach
The paper used both desk research and questionnaire complemented by interview to assess the level of financial literacy among youth entrepreneurs in the Vhembe District of the Limpopo Province, South Africa.
Findings
The paper reveals that financial literacy among youth entrepreneurs in the Vhembe District appears to be above average and contributes meaningfully to their entrepreneurship skills.
Research limitations/implications
Further research is needed to verify in specific and practical terms, the level and impact of financial literacy on youth entrepreneurs in the Vhembe District.
Practical implications
Education and training at both high school and tertiary levels with emphasis on financial literacy and entrepreneurial skills may have significant implications for small‐, micro‐, and medium‐sized enterprise development and growth for the youth entrepreneur in general in South Africa.
Originality/value
The paper is the first to examine the level of financial literacy among youth entrepreneurs in the Vhembe District. The paper therefore sets an important benchmark for further research in this area.
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Umar Farooq Sahibzada, Khawaja Fawad Latif, Yan Xu and Roshi Khalid
Constructed upon the knowledge-based view, the purpose of this study is to investigate the interrelationship between internal marketing, knowledge management processes and…
Abstract
Purpose
Constructed upon the knowledge-based view, the purpose of this study is to investigate the interrelationship between internal marketing, knowledge management processes and knowledge worker satisfaction. The study also postulates that specific combinations of internal marketing dimensions and knowledge management processes can lead to improved knowledge worker satisfaction.
Design/methodology/approach
The study sample is gathered from 248 personnel of Pakistan higher education institutions (HEI’s). The interrelationships are checked through Smart PLS 3.2.8. The fuzzy set qualitative comparative analysis (fsQCA) is used to examine configurational paths for improving knowledge worker satisfaction.
Findings
The results of the study show that in HEI’s, internal marketing has a substantial influence on knowledge management processes, and knowledge management processes strongly enhance knowledge worker satisfaction. The result from fsQCA reveals multiple configurational paths to improve knowledge worker satisfaction.
Originality/value
There is a scarcity of research that has explored the association of internal marketing, knowledge management processes and knowledge worker satisfaction. This study attempts to examine their inter-relationships in HEI’s. Methodologically, the study contributes by combining direct and configurational methods to foster the knowledge of organizational (higher education) matters. The use of fsQCA reveals multiple pathways to improve knowledge worker satisfaction and exposes asymmetric relationships between internal marketing and knowledge management processes that lead to knowledge worker satisfaction. The study identifies the interactions among variables that might not be directly obvious via conventional symmetric methods.
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Shiwangi Singh, Sanjay Dhir, Vellupillai Mukunda Das and Anuj Sharma
While extant literature explores the influence of institutions on the national innovation system (NIS), most research has either focused on specific institutional aspects or…
Abstract
Purpose
While extant literature explores the influence of institutions on the national innovation system (NIS), most research has either focused on specific institutional aspects or treated institutions as a unified entity. This study aims to examine the effect of various institutional factors on a country’s NIS.
Design/methodology/approach
The conceptual model was empirically validated using regression analysis. The study sample comprised a total of 84 countries.
Findings
This study identifies and empirically validates a comprehensive set of institutional factors. It also highlights the significant institutional factors (including political stability, government effectiveness, ease of resolving insolvency and the rule of law) that can help improve a country’s NIS.
Originality/value
The research provides practical implications for organizations and policymakers seeking to understand and foster an innovative culture within the NIS. Policymakers are encouraged to develop a nurturing environment within the NIS by focusing on significant institutional factors. Organizations are encouraged to closely monitor developments in the NIS of a country to make informed strategic decisions at the business, corporate and international levels.
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Jesús C. Peña‐Vinces, Gabriel Cepeda‐Carrión and Wynne W. Chin
This paper's aim is to evaluate the effect of the use of information technology and communications (ITC) on the international competitiveness of firms in developing countries. The…
Abstract
Purpose
This paper's aim is to evaluate the effect of the use of information technology and communications (ITC) on the international competitiveness of firms in developing countries. The study also seeks to evaluate other factors that allow or condition the use of ITC such as: human resources, collaboration of the industrial sector, and local environment.
Design/methodology/approach
These effects are examined through an empirical research of 100 small to medium‐sized enterprises (SMEs) from a developing country – Peru.
Findings
SMEs from developing countries follow an isomorphic approach. This is because they tend to imitate or copy the better practices from developed countries. The results have shown that ITCs have a positive effect on the international competitiveness of firms.
Research limitations/implications
A limitation is the cross‐sectional character of this research.
Practical implications
Firms use ITC to manage their inventory, for the communication between manufacturers and offices, and suppliers, for bill payments, and for the management of sales and marketing, and for the management of their networks.
Originality/value
According to the literature reviewed, this study is one of the pioneers in contrasting empirically whether the use of ITC contributes positively to the international competitiveness of firms in the developing countries of Latin America.
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This paper aims to increase our understanding of the nature and role of communities within organizations with regard to innovation management, the drivers of community innovation…
Abstract
Purpose
This paper aims to increase our understanding of the nature and role of communities within organizations with regard to innovation management, the drivers of community innovation and macro-processes of community innovation management.
Design/methodology/approach
The authors first use an inductive qualitative technique to analyze data gathered from a UK university to build up the concept of communities of innovation and then refine the concept of communities of innovation by contrasting it to the more established literature on communities of practice. Finally, with the aid of existing literature on collaborative innovation and the innovation processes, the authors induce from the data the drivers of community innovation and the three macro-processes of community innovation management.
Findings
The research findings suggest communities of innovation play a central and pivotal role in contributing to the generation of innovations within organizations. Drivers of innovation included corporate culture, money and time, intellectual property management, motivation, knowledge facilitators, activists and maintenance and opportunities to interact. The three macro-processes of community innovation management are identified as divergence management, gateway management and convergence management.
Research limitations/implications
As this is an exploratory research into communities of innovation, all the 11 communities of innovation analyzed belong to ABC University. It is necessary to expand on this research within the education industry, as well as into other industries to further test the reliability of the findings in this paper.
Practical implications
Business executives who have a better understanding of communities of innovation, the drivers of community innovation and the macro-processes of community innovation management will be better able to promote innovation within their organizations.
Social implications
Governments that have a better understanding of communities of innovation, the drivers of innovation and the macro-processes of community innovation management will be better able to promote innovation within their countries.
Originality/value
To the best of the authors’ knowledge, this is one of the first research studies attempting to understand communities of innovation and the macro-processes of community innovation management.
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