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1 – 10 of over 1000Isma Zaighum, Qaiser Abbas, Kinza Batool, Shehar Bano and Syed Murtaza Sajjad
Intellectual capital (IC) plays a pivotal role in determining corporate risk profiles in the contemporary knowledge era. Consequently, this study aims to analyze the impact of IC…
Abstract
Purpose
Intellectual capital (IC) plays a pivotal role in determining corporate risk profiles in the contemporary knowledge era. Consequently, this study aims to analyze the impact of IC on firm risk (FR) among the manufacturing companies listed on the Pakistan Stock Exchange (PSX).
Design/methodology/approach
The authors have adopted the modified value-added intellectual model which combines human capital efficiency, structural capital efficiency, efficiency of capital employed and relational capital efficiency. FR has been used as the dependent variable, measured as the standard deviation of the daily stock prices. The study has used panel data from a sample of 40 manufacturing companies listed in the KSE-100 Index from 2015 to 2021.
Findings
The results suggest that IC has a significant impact on the FR of manufacturing companies listed on the benchmark index of PSX. Moreover, this relationship is direct; thus, an increase in IC would also increase FR measured by the change in stock prices.
Research limitations/implications
The current study has only used linear techniques. Future researchers may consider investigating the impact of IC at varying levels of FR using nonlinear techniques.
Practical implications
This study provides corporate managers and policymakers valuable insight into the need to strike a balance between investment in IC and their FR, particularly in an emerging market context.
Originality/value
IC is frequently associated with firm performance. However, the relationship between IC and FR has generally been underexplored. This study adds to the strand of limited IC literature by investigating the impact of a modified IC model on FR in an emerging economy.
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Elisabetta Savelli, Barbara Francioni, Ilaria Curina and Marco Cioppi
The purpose of this study is to extend the research on fashion renting (FR) by investigating how personal and social motives (i.e. “subjective norms”, “perceived behavioural…
Abstract
Purpose
The purpose of this study is to extend the research on fashion renting (FR) by investigating how personal and social motives (i.e. “subjective norms”, “perceived behavioural control”, “sustainable orientation” and “FR benefits”) affect consumers’ attitudes and intentions towards it. In addition, personality traits are investigated as potential antecedents of FR, resulting in the proposal of an overall framework that combines the theory of planned behaviour with the trait theory approach.
Design/methodology/approach
Data were collected in Italy from a sample of 694 consumers, mainly females (88%), with an average age of 28.8 years and coming from all over the country. The collected data were then processed via structural equation modelling.
Findings
The results indicated that intention towards FR is influenced by attitude, which, in turn, is affected by social norms, perceived behavioural control, sustainable orientation and FR benefits. Furthermore, only fashion leadership acts as a direct antecedent of FR attitude, while the need for uniqueness and materialism plays critical roles as predictors of personal and social motives. Subjective norms and perceived behavioural control also serve as mediators of the significant relationships between personality traits and attitudes towards FR.
Practical implications
The study provides useful implications for fashion rental companies in attracting consumers and offers a foundation for further research on transforming traditional consumption into a more sustainable one.
Originality/value
The study presents new knowledge on the rental phenomenon in the fashion sector by responding to the call to deepen the analysis of factors that influence consumers’ adoption of FR from the perspectives of personal and social motives and personality traits.
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The study utilized the consumption value theory to explore the motivational factors that define and differentiate the users and nonusers of fashion rental services
Abstract
Purpose
The study utilized the consumption value theory to explore the motivational factors that define and differentiate the users and nonusers of fashion rental services
Design/methodology/approach
A focus group was conducted to generate an initial list of measurement items. These items were refined through a pretest and then used in a self-administered online questionnaire to collect data from a total of 300 users and 300 nonusers. The collected data were analyzed using factor analysis to identify the factors that define users and nonusers. A MANOVA was then conducted to explore the differences in the identified factors between users and nonusers.
Findings
Using factor analysis, nine factors were extracted across the five consumption values (functional, social, emotional, conditional and epistemic). MANOVA revealed a significant difference between users and nonusers across all factors. Further analyses suggested that the most differentiating factors are two emotional value factors and one social value factor.
Originality
Despite existing studies of fashion rental services, it is debatable whether the phenomenon is fully understood since previous studies primarily focus on consumers who engage in fashion renting services – there is a lack of focus on nonusers. This study provides unique contributions by exploring the phenomenon from both the user's and the nonuser's perspective.
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Mohsin Rasheed, Muhammad Hassan Mahboob and Hafiz Muhammad Mansab Rasheed
The basic purpose of this paper was to check the perceived impact of socio-economic on the fertility rate (FR) in Pakistan. It also explored the factors which play an important…
Abstract
Purpose
The basic purpose of this paper was to check the perceived impact of socio-economic on the fertility rate (FR) in Pakistan. It also explored the factors which play an important role on FR of urban and rural resident women.
Design/methodology/approach
A few studies were carried out this particular issue in Pakistan but this issue was not mentioned in such a way as the current study highlights. Data were collected through questionnaires from rural and urban areas. The main variables were chosen for this purpose were the income of the households, their education level and the mortality rate. FR is measured in terms of number of children which are above 5 years of age and married couple has stopped the further fertility intentions; Monthly income of the families were taken and the education was in the years of schooling. The ordinary least square (OLS) model was used for the estimation.
Findings
The results of this study showed that, in urban areas this association is very strong while in rural areas this is relatively weak due to sharp differences in income brackets. Families with high level of income tend to have few children. Female education is also negatively correlated with FR. Higher level of female education has negative effect on FR. Mortality rate has significant positive association with FR. Higher mortality rate compel families to have more birth as probability of living is low. There is inverse association between income and FR.
Research limitations/implications
The best way to determine how birth rates are changing is not the crude birth rate (CBR) but the total fertility rate (TFR). This measure provides an age-controlled estimation of “how many kids a woman beginning her childbearing years now would have over her whole life if current birth rates remain stable”.
Originality/value
Mortality rate has significant positive association with FR. Higher mortality rate compel families to have more birth as probability of living is low. There is inverse association between income and FR.
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Heather Markham Kim, Jungsun (Sunny) Kim, Kyuhyeon Joo and Jinsoo Hwang
This study investigated the impacts of the technology acceptance model (TAM) determinants and image congruence on attitude and, in turn, behavioral intentions. In addition, the…
Abstract
Purpose
This study investigated the impacts of the technology acceptance model (TAM) determinants and image congruence on attitude and, in turn, behavioral intentions. In addition, the differences between the US and Korean consumers in terms of the predictors of attitude were assessed.
Design/methodology/approach
The data were collected via an online survey from 342 South Korean and 353 American consumers who patronized a restaurant within a three-month timeframe.
Findings
The findings revealed that two dimensions of TAM and three sub-factors of self-image congruence positively affected customer attitude toward face recognition (FR) payment. Customer attitude also significantly influenced behavioral intentions toward FR payment. Lastly, the cultural differences between the Korean and American consumers played significant moderating roles in the relationships between perceived usefulness and attitude as well as between actual self-image congruence and attitude.
Originality/value
No prior empirical research has incorporated cultural differences into the FR payment acceptance model. Unlike previous research, the current study included cultural differences as a moderator of the relationships between the five predictors (i.e. two predictors from TAM and three dimensions of self-image congruence) and attitude toward FR payment in the research model.
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Zain Ul Abideen and Han Fuling
This study highlights the influence of non-financial sustainability reporting and firm reputation (FR) on the China Stock Exchange. The study is based on the components of…
Abstract
Purpose
This study highlights the influence of non-financial sustainability reporting and firm reputation (FR) on the China Stock Exchange. The study is based on the components of sustainability reporting that influence FR.
Design/methodology/approach
A simple ordinary least squares (OLS) regression model is initially run to test the hypotheses. Advanced econometric methods are used to detect the presence of heteroskedasticity. The study utilizes fixed-effect, two-stage least squares (2SLS) and two-step generalized method of moments (GMM) regression models to address endogeneity issues.
Findings
Findings suggest that NFSR has a negative influence on FR. Conversely, environmental, social and governance (ESG) sustainability reporting exhibited positive associations with a FR in fixed-effect, 2SLS and GMM results.
Research limitations/implications
This study has limitations, and data collection is restricted to the period from January 2018 to June 2023, limiting the scope of findings due to data constraints. Brand equity measurement is considered only one aspect of a company's activities, and other methods can also be considered for measuring brand equity. Another limitation is a standardized method for measuring NFSR. While this study used the Arianpoor and Salehi (2021) model to measure sustainability reporting in the Chinese market, future research could explore different methods.
Practical implications
The findings of this study have important practical implications for corporate management, highlighting reputation challenges and the strategic importance of sustainability. Managers are encouraged to use NFSR strategically to enhance their reputation and corporate strategy.
Social implications
The social implications highlight ownership and regulatory structures, promoting enhanced sustainability reporting in China's business culture. This insight informs policymakers, businesses and stakeholders regarding the importance of sustainability reporting, guiding decisions on corporate reputation and sustainability regulations.
Originality/value
The research indicates the importance of context-specific sustainability reporting for enhancing reputation. It provides insights into sustainability's impact on a company's reputation, promoting responsible practices for a sustainable global economy. To the best of the authors' knowledge, this is the first research that utilizes the NFSR frameworks and a sample of firms in China to discuss sustainability reporting with different guidelines.
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This paper examine whether social performance moderates the linkage between financial risk and financial performance in microfinance institutions (MFIs). The study focuses on the…
Abstract
Purpose
This paper examine whether social performance moderates the linkage between financial risk and financial performance in microfinance institutions (MFIs). The study focuses on the financial self-sufficiency and long-term sustainability of MFIs.
Design/methodology/approach
The empirical study uses unbalanced panel data of 2,694 worldwide MFIs from 2009 to 2019. In the first step, the study inspects the impact of social performance and risk on financial performance, proxied as return on assets and operational self-sufficiency. In the second stage, moderated hierarchical regression is applied to test whether social performance moderates the relationship between risk and financial performance. Lastly, the study confirms the significant moderation effects with slope tests.
Findings
The study detects robust evidence that financial risk is negatively related to financial performance. Though social performance exhibits a weak positive link with financial performance in silos, the evidence of its moderating effects on risk is mixed and significant. Social performance indicators, such as the borrower retention rate and female representation, positively moderate the relationship between financial risk and financial performance. The study documents that social performance impacts financial performance and operational self-sufficiency through risk moderation. Thus, social performance fosters the sustainability of these institutions over the long haul.
Research limitations/implications
The study is relevant to academics and theorists to consider the stakeholder approach in microfinancing. In the context of stakeholder theory, the study advances the specific social responsiveness process, namely stakeholder engagement.
Practical implications
The evidence that socially sensitive operations can curtail the adverse effects of credit risks on financial performance signify the required attention to social performance. For MFI managers and practitioners, the findings justify the business case for social performance. Stakeholder engagement, under the auspices of social responsiveness, acts as a risk-mitigation mechanism to eventually foster financial performance and self-sufficiency.
Social implications
The study motivates MFIs to do more for their stakeholders and society by highlighting the benefits of social performance.
Originality/value
The study reaffirms that social performance remains at the epicenter of the MFIs' mission and is an essential risk mitigation mechanism. The study adds to the extant literature on stakeholder engagement and its effects on MFIs.
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Yuling Wei, Jhanghiz Syahrivar and Attila Endre Simay
Chatbots have been explored as a novel approach to enhancing consumer engagement by delivering more enjoyable, personalized services. This research aims to investigate the…
Abstract
Purpose
Chatbots have been explored as a novel approach to enhancing consumer engagement by delivering more enjoyable, personalized services. This research aims to investigate the mechanism through which anthropomorphic elements of chatbots influence consumers' intentions to use the technology.
Design/methodology/approach
This research introduces five key concepts framed through the “computers-are-social-actors” (CASA) paradigm: form realism (FR), behavioral realism (BR), cognitive trust (CT), entertainment (EM) and chatbot usage intention (CUI). An online questionnaire garnered 280 responses from China and 207 responses from Indonesia. Data collection employed a combination of purposive and snowball sampling techniques. This research utilized structural equation modeling through the analysis of moment structures (AMOS) 27 software to test the hypotheses.
Findings
(1) FR positively predicts CT and EM, (2) FR negatively predicts CUI, (3) BR positively predicts CT and EM, (4) BR positively predicts CUI and (5) Both CT and EM mediate the relationship between FR and CUI, as well as between BR and CUI.
Originality/value
This research enriches the current literature on interactive marketing by exploring how the anthropomorphic features of chatbots enhance consumers' intentions to use such technology. It pioneers the exploration of CT and EM as mediating factors in the relationship between chatbot anthropomorphism and consumer behavioral intention. Moreover, this research makes a methodological contribution by developing and validating new measurement scales for measuring chatbot anthropomorphic elements.
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Didier Marquis, Felipe Reinoso Carvalho and Gaëlle Pantin-Sohier
Aversion linked to disgust and neophobia is the primary reason for human reluctance towards edible insects as a sustainable food source. Stimulating positive emotions may overcome…
Abstract
Purpose
Aversion linked to disgust and neophobia is the primary reason for human reluctance towards edible insects as a sustainable food source. Stimulating positive emotions may overcome these mental barriers. Cute visuals and claims on product packaging can trigger positive affective responses in consumers whilst modulating taste expectations. This study investigated how these elements influence emotions, perceptions and attitudes towards insect-based foods.
Design/methodology/approach
An online cross-cultural study involving French (n = 747) and Colombian (n = 695) consumers was conducted using two insect-based products: chips (hedonic) and bread (functional). Ten visual packaging variations were created per product, emphasising palatability, sustainability, nutrition and popularity (plus a control: no claim) affixed to the image of a cute anthropomorphic cricket or its silhouette. Visual appreciation and associations were assessed along with the participants' degree of food variety seeking, familiarity with entomophagy and openness to consuming edible insects.
Findings
Differences were reported in emotions, perceptions and attitudes based on the combination of packaging elements, product type and consumer segments. The findings suggest that food marketers should use cute insect depictions linked to palatability-focussed claims to alleviate young French adults' reluctance towards insect-based foods (IFs). Colombians responded better to pro-social claims and neutrally to cuteness.
Practical implications
The results should be valuable to stakeholders seeking to enhance food marketing strategies related to IFs amongst target consumer segments.
Originality/value
This study is the first to assess how baby schema cuteness induces emotional changes towards IFs and how it affects perceptions and attitudes amongst distinct populations and age segments.
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A review of sustainability challenges of flame retardants (FRs) for textiles has been conducted. Specifically, the purpose of this paper is to identify and recommend solutions to…
Abstract
Purpose
A review of sustainability challenges of flame retardants (FRs) for textiles has been conducted. Specifically, the purpose of this paper is to identify and recommend solutions to sustainability challenges emanating from the raw material, processing technology and performance of the FRs used for textiles.
Design/methodology/approach
The approach used in preparing this paper was based on the review of various scholarly databases about the subject matter. The review approach is designed to inform the readers about the sustainability challenges of FRs for textiles. The science of burning and FRs for synthetic and cellulosic fibres were reviewed. Both synthetic and natural biodegradable FRs for textiles has been identified. The obtained literature was then synthesised to get information about sustainable challenges of non-halogenated FRs both synthetic and natural biodegradable. Finally, possible approaches for mitigating the identified challenges have been recommended.
Findings
The sustainability challenges of the FRs in terms of raw material, processing, affordability and performance have been identified. Synthetic FRs suffer from sustainability challenges in terms of raw materials, processing and non-renewability. Despite the environmental friendliness and sustainability in terms of being renewability, processability and biodegradability, natural biodegradable FRs have poor performance compared to synthetic ones. Moreover, natural biodegradable FRs depend on geographical condition and lack economic variability data. Potentially, the challenges of FRs can be mitigated through eco-friendly synthesis, chemical modification and sustainable methods of applications. Because of its renewability and environmental friendliness, biodegradable FRs have a potential to becoming sustainable if researched more.
Originality/value
In this review, a collection of literature about sustainability challenges of FRs and the approaches to overcome the challenges has been provided. The collected information was analysed and synthesised to bring understanding of the science of burning, types and application of FRs for textiles and biodegradable FRs. Sustainability challenges have been identified, and mitigation approaches are provided.
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