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Article
Publication date: 5 July 2024

Kateřina Berková, Katarína Krpálková Krelová, Andrea Kubišová, Dagmar Frendlovská and Pavel Krpálek

Many studies point out that a complication in the professional training is connected with the division of education into the formal and non-formal part. There is a need to…

42

Abstract

Purpose

Many studies point out that a complication in the professional training is connected with the division of education into the formal and non-formal part. There is a need to integrate these two components to achieve a greater learning effect. The aim of the study is to find out whether students perceive non-formal education as important and to identify which form of extracurricular education they prefer. The aim of this study is to find the relationships among the variables of the educational process of young people.

Design/methodology/approach

Around 844 Czech secondary and tertiary students participated in the study. The participants expressed their attitudes towards non-formal education through a questionnaire. Welch’s ANOVA test and Games-Howell’s Post-Hoc test were used to verify the hypotheses. Pearson’s correlation coefficient was used to determine correlation relationships.

Findings

Students perceive non-formal education as important. The importance was perceived significantly least by high school and beginning university students in technical fields. Digital forms of education are favoured by students. Significant differences in this area are connected with the different field of study. Students are interested especially in the particular area of non-formal education that is connected with their field of study.

Originality/value

The study provides desirable results in relation to the possible adaptation of education to the needs of students. The article reminds that digital education is promoted because of its flexibility and changing competencies. Specific forms of non-formal education will be appropriate to differentiate according to the fields and the age of students.

Details

Education + Training, vol. 66 no. 4
Type: Research Article
ISSN: 0040-0912

Keywords

Article
Publication date: 4 June 2024

Andrea Sestino, Emanuele Leoni and Luca Gastaldi

This paper sheds light on the factors facilitating the digital transformation (DT) of companies, examining the empirical evidence according to a new and original dual lens: the…

Abstract

Purpose

This paper sheds light on the factors facilitating the digital transformation (DT) of companies, examining the empirical evidence according to a new and original dual lens: the internal and external marketing management perspective.

Design/methodology/approach

Through an explorative research design based on semi-structured interviews, we investigate the perceptions of some managers involved in managing the DT of their own companies.

Findings

The findings, organized from an internal and external marketing perspective, show how DT requires efforts in nurturing: (1) its organizational and cultural nature; (2) new managerial skills and e-leadership. These factors activate DT as an accelerator of (3) production processes and service provision and (4) competitive strategies.

Practical implications

Our findings underscore critical practical implications for organizations embarking on a DT journey. Firstly, managers should prioritize creating a culture that encourages employees to embrace change and technology. Secondly, recognizing the importance of new managerial skills and e-leadership, managers need to invest in developing the expertise to effectively lead DT efforts. The related skills encompass digital literacy, change management and the ability to inspire and guide teams through the complexities of a DT.

Originality/value

This paper suggests that organizations should holistically approach DT, focusing on culture, leadership and strategic deployment of digital tools. The proposed dual lens offers a valuable and simple answer for academics and practitioners to effectively frame the internal dynamics and external factors shaping DT.

Details

European Journal of Innovation Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1460-1060

Keywords

Article
Publication date: 22 February 2024

Fuzhong Chen, Guohai Jiang and Mengyi Gu

Under the background of low consumer financial knowledge and accumulated credit card liabilities, this study investigates the relationship between financial knowledge and…

Abstract

Purpose

Under the background of low consumer financial knowledge and accumulated credit card liabilities, this study investigates the relationship between financial knowledge and responsible credit card behavior using data from the 2019 China Household Finance Survey (CHFS). From the perspective of consumer economic well-being, this study defines accruing credit card debt to buy houses and cars when loans with lower interest rates are available as irresponsible credit card behavior.

Design/methodology/approach

This study uses probit regressions to examine the association between financial knowledge and responsible credit card behavior because the dependent variable is a dummy variable. To alleviate endogeneity problems, this study uses instrument variables and Heckman’s two-step estimation. Furthermore, to explore the potential mediators in this process, this study follows the stepwise regression method. Finally, this study introduces interaction terms to examine whether this association differs in different groups.

Findings

The results indicate that financial knowledge is conducive to increasing the probability of responsible credit card behavior. Mediating analyses reveal that the roles of financial knowledge occur by increasing the degree of concern for financial and economic information and the propensity to plan. Moderating analyses show that the effects of financial knowledge on responsible credit card behavior are stronger among risk-averse consumers and in regions with favorable digital access.

Originality/value

This study measures responsible credit card behavior from the perspective of the consumer’s well-being, which enriches practical implications for consumer finance. Furthermore, this study explores the potential mediators influencing the process of financial knowledge that affects responsible credit card behavior and identifies moderators to conduct heterogeneous analyses, which helps comprehensively understand the nexus between financial knowledge and credit card behavior. By achieving these contributions, this study helps to curb the adverse effects of irresponsible credit card behavior on consumers’ well-being and the economic system and helps policymakers promote financial knowledge to fully prevent irresponsible credit card behavior.

Details

International Journal of Bank Marketing, vol. 42 no. 5
Type: Research Article
ISSN: 0265-2323

Keywords

Article
Publication date: 30 October 2023

Badreddine Berrahlia

This paper explores the experience of “Shari’a” as non-state law in the English courts through a historical analysis of past Islamic finance dispute resolutions (IFDRs). This…

Abstract

Purpose

This paper explores the experience of “Shari’a” as non-state law in the English courts through a historical analysis of past Islamic finance dispute resolutions (IFDRs). This paper aims to propose a conceivable scenario relating to the law applicable in international commercial contracts in the English courts with the emergence of the Hague Principles 2015.

Design/methodology/approach

This paper addresses several issues that have been raised in English case law: doubts about the legal nature of “Shari’a” as non-state law; the limits placed on freedom of choice of “Shari’a” law by the application of a single legal system; and the distinction between application of law and incorporation by reference of “Shari’a” in IFDRs. The paper then analyses the conformity of “Shari’a” with the provisions now used to resolve Islamic finance disputes (trade and investment) in the English courts, using an empirical analysis of The Accounting and Auditing Organization for Islamic Financial Institutions standards.

Findings

The paper provides that, in theory, “Shari’a” standards could play a significant role in IFDRs after Brexit, even though a gap persists in practice because the Hague Principles 2015 have not yet been adopted by the English legal system.

Research limitations/implications

The study focuses on the English courts and shows how the IFDRs could be resolved with the emergence of Hague Principles 2015 in the post-Brexit era.

Originality/value

To the best of the author’s knowledge, this paper appears to be the first paper to provide a conceivable scenario relating to the future of the IFDRs in the English courts.

Details

Journal of International Trade Law and Policy, vol. 23 no. 1
Type: Research Article
ISSN: 1477-0024

Keywords

Article
Publication date: 3 July 2023

James L. Sullivan, David Novak, Eric Hernandez and Nick Van Den Berg

This paper introduces a novel quality measure, the percent-within-distribution, or PWD, for acceptance and payment in a quality control/quality assurance (QC/QA) performance…

Abstract

Purpose

This paper introduces a novel quality measure, the percent-within-distribution, or PWD, for acceptance and payment in a quality control/quality assurance (QC/QA) performance specification (PS).

Design/methodology/approach

The new quality measure takes any sample size or distribution and uses a Bayesian updating process to re-estimate parameters of a design distribution as sample observations are fed through the algorithm. This methodology can be employed in a wide range of applications, but the authors demonstrate the use of the measure for a QC/QA PS with upper and lower bounds on 28-day compressive strength of in-place concrete for bridge decks.

Findings

The authors demonstrate the use of this new quality measure to illustrate how it addresses the shortcomings of the percent-within-limits (PWL), which is the current industry standard quality measure. The authors then use the PWD to develop initial pay factors through simulation regimes. The PWD is shown to function better than the PWL with realistic sample lots simulated to represent a variety of industry responses to a new QC/QA PS.

Originality/value

The analytical contribution of this work is the introduction of the new quality measure. However, the practical and managerial contributions of this work are of equal significance.

Details

International Journal of Quality & Reliability Management, vol. 41 no. 2
Type: Research Article
ISSN: 0265-671X

Keywords

Open Access
Article
Publication date: 1 July 2024

Munshi Naser Ibne Afzal and Akash Kalra

The purpose of this study is to investigate the impact of pervasive immigrant inflows on GDP productivity growth in selected OECD countries, including Australia, Canada, Germany…

Abstract

Purpose

The purpose of this study is to investigate the impact of pervasive immigrant inflows on GDP productivity growth in selected OECD countries, including Australia, Canada, Germany, Italy, New Zealand and the USA. The study aims to consider patent filing residence and non-residence as well as R&D expenditure to see if large immigrant destination countries can accept many immigrants to generate knowledge and creativity and stimulate economic development.

Design/methodology/approach

The study uses OECD and WDI data sets from 2000 to 2019 and employs a fundamental correlation matrix and static panel model to analyze the data. The study examines the impact of residential and non-residential patent applications and R&D expenditure on GDP productivity growth in the selected OECD countries.

Findings

The study found an adverse effect for residential patent applications, while non-residential patent application and R&D expenditure variables were strongly linked to GDP productivity. This indicates that to reap the benefits of skilled immigration inflows, the selected OECD countries must devote more resources to research and development and build a knowledge-based economy. This will improve economic efficiency and overall growth.

Originality/value

This paper assists policymakers in comprehending how to effectively utilize immigration inflows in developed and emerging economies in order to construct a future knowledge-based economic system.

Details

Review of Economics and Political Science, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2356-9980

Keywords

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