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Authors:Preeti S. Rawat Pages: 195 - 195 Abstract: Business Perspectives and Research, Volume 10, Issue 2, Page 195-195, May 2022.
Citation: Business Perspectives and Research PubDate: 2022-04-08T09:04:18Z DOI: 10.1177/22785337211034589 Issue No:Vol. 10, No. 2 (2022)
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Authors:Sridevi Nair, Jain Mathew Abstract: Business Perspectives and Research, Ahead of Print. Women account for a very small percentage of the employee population in Indian luxury hotels. While they have proved themselves as valuable assets, the average tenure of a woman in a managerial role in the sector is still around 2 to 4 years. The Government of India in its India Skills report has identified the sector as a focus area, in the drive to achieve better gender ratios. This study takes a small step towards understanding the factors that could influence the tenure of women in the hotel sector. The study examines the role of job stress in determining the levels of job satisfaction of women in the Indian hotel industry. The study also examines the mediating effect that employee engagement may have on the relation. The researchers have studied women in managerial roles in 4 and 5-star hotels, across India. The findings suggest that there is a strong negative correlation between job stress and job satisfaction and that this relationship is partially mediated by the presence of employee engagement. The findings are particularly important for the hospitality sector in India, as it struggles to retain its talented female employees. Citation: Business Perspectives and Research PubDate: 2022-06-17T11:32:59Z DOI: 10.1177/22785337221107770
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Authors:Vivek Pani Gumparthi, Vamsidhar Ambatipudi, Amandeep Singh Narang Abstract: Business Perspectives and Research, Ahead of Print. Brand passion is a consumer construct that has garnered a lot of attention in the recent past. The literature on brand passion is divided by two broad conceptualizations, which have resulted in nomological inconsistency. The present research tackles this conceptual disagreement by identifying and contrasting the two broad conceptualizations of brand passion. In this vein, the current study compares the impact of brand passion on consumer well-being, positive word of mouth, and social media following. The study also examines the role of “duration of use” as a moderator on the proposed relationships. A total of 336 responses were analyzed using structural equation modeling, and the findings indicate that interpersonal conceptualization is a better conceptualization. The study also elucidates implications and future research directions. Citation: Business Perspectives and Research PubDate: 2022-06-17T11:24:01Z DOI: 10.1177/22785337221105701
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Authors:Prajwala Preema Rodrigues, Prasad Kochikar Pai, Harisha G. Joshi, Nandan Prabhu Abstract: Business Perspectives and Research, Ahead of Print. This article explores the effects of socio-emotional wealth on the family firms’ entrepreneurial orientation. The family firms aspire to attain economic goals and maintain family control and influence over their firms. These conflicting goals may become detrimental to their entrepreneurial orientation and firm performance. Against the background of the heterogeneity of family firms, this article deliberates on the effects of socio-emotional wealth on entrepreneurial orientation. This article has explored the research trajectories and themes of socio-emotional wealth and entrepreneurial orientation research discourse by adopting the methods of bibliometric analysis and systematic review research protocol. This article reviews the findings of the research discourse on the relationship between socio-emotional wealth and entrepreneurial orientation. In particular, this article inquires whether family firms’ entrepreneurial orientation decreases because they are concerned about preserving their socio-emotional wealth and, if so, under what conditions. This article also makes practical recommendations for using the desire to meet non-economic goals judiciously. This article provides insights into how family firms can change their business strategies to synthesize the much-needed entrepreneurial orientation to preserve their socio-emotional wealth. Citation: Business Perspectives and Research PubDate: 2022-05-25T04:00:01Z DOI: 10.1177/22785337221098484
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Authors:Joyita Banerji, Kaushik Kundu, Parveen Ahmed Alam Abstract: Business Perspectives and Research, Ahead of Print. All human beings are limited by their knowledge and interpretative abilities, leading them to rely on more simplifications to make the decision-making more tractable. Kahneman and Tversky’s landmark work recognized that individuals’ choices often systematically deviate from the neo-classical expectations of rationality, and such deviations are known as behavioral biases. This article aims to examining how the behavioral biases relate to each other and impact the investment decision of individuals. The relationships between behavioral biases may be used to develop certain profiles of financial behavior, which the finance agents can use to provide more custom choices to their clients. The population for this study was the individual investors of the Indian financial markets and any individuals who may be prospective investors. A research instrument was created, for the sake of studying such association, the pilot survey of which revealed the items which were most reliable, which were retained and used for the final round of data collection. The analysis of the collected data revealed that there are relationships between the behavioral biases themselves. Based on such relationships, the biases were categorized and investor decision-making profiles were proposed. Citation: Business Perspectives and Research PubDate: 2022-05-25T03:57:04Z DOI: 10.1177/22785337221098287
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Authors:Ruturaj Baber, Yogesh Upadhyay, Prerana Baber, Rahul Pratap Singh Kaurav Abstract: Business Perspectives and Research, Ahead of Print. Consumer ethnocentric tendencies (CET) is a field of study that has developed a distinct identity among marketing researchers and practitioners. The construct has been used in consumer research for over three decades. This study uses two bibliometric methods to understand consumer ethnocentrism. The analysis reviewed 255 consumer ethnocentrism publications from the last three decades (1989–2020). The co-citation analysis revealed regional development and replication of consumer ethnocentrism research. Following that, the article used co-word analysis to determine the evolution of consumer ethnocentrism study themes. The research findings point to five research themes on consumer ethnocentrism, namely foundations, methods of measuring ethnocentrism, culture, managerial applications, and emerging trends. Finally, the study maps called for a future research agenda on consumer ethnocentrism. Citation: Business Perspectives and Research PubDate: 2022-05-16T11:27:01Z DOI: 10.1177/22785337221098472
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Authors:Souvik Banerjee, Debaditya Mohanti Abstract: Business Perspectives and Research, Ahead of Print. This article explores the impact of foreign institutional investor’s (FII) ownership on the investment efficiency of Indian manufacturing firms. In this article, unbalanced panel data is used, in total, 21,214 firm-year observations of 1,205 companies listed in Centre for Monitoring Indian Economy (CMIE) COSPI (CMIE Overall Share Price Index) are taken into account. The data range is from 2001 to 2019. This research article considers investment-investment opportunities sensitivity as the proxy for investment efficiency, where investment opportunities are measured Tobin’s Q. As per our findings FII’s ownership impacts investment efficiency in a negative way. It is further found that this inverse relationship between FII’s ownership and investment efficiency is more pronounced in resource abundant firms, compared to the resource constrained firms. In this study both fixed as well as random effect models are developed incorporating robust standard error, additionally system generalized method of moments (GMM) model as well as two step Heckman model are also used to check the robustness of the findings.This study adds to the existing literature as a pioneering study on impact of FII’s ownership on firm’s investment efficiency in the context of India, a large emerging market economy. Citation: Business Perspectives and Research PubDate: 2022-05-12T04:15:17Z DOI: 10.1177/22785337221098473
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Authors:Vandita Dar, Madhvi Sethi, Saina Baby Abstract: Business Perspectives and Research, Ahead of Print. Social welfare systems across the developing world have witnessed a significant transformation in the last 20 years with direct cash transfers becoming an increasingly preferred means of tackling poverty and inequality. While this movement finds its roots in Latin America, a large number of developing countries including India have since modified their welfare systems, incorporating direct cash transfers as an alternative to in kind benefits and subsidies. India’s Direct Benefit Transfer (DBT) system, which has been in existence since the past five years, has 316 schemes under its aegis now. While it would be premature to evaluate its success or failure, it would definitely be an interesting and worthwhile exercise to see how Indian states fare in terms of DBT. With Amartya Sen’s pathbreaking Capability Approach as the premise, this research is a unique attempt to explore and identify variables that determine and impact DBT transfers at the Indian state level using multiple regression. We find that literacy and the JAM (Jan-Dhan, Aadhaar, Mobile) Index emerge as significant variables impacting DBT transfers in states. This study contributes to the current literature on social welfare systems and highlights the importance of development architecture in emerging economies. Citation: Business Perspectives and Research PubDate: 2022-05-12T03:35:31Z DOI: 10.1177/22785337221098245
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Authors:Sanjay Mansabdar, Hussain C. Yaganti Abstract: Business Perspectives and Research, Ahead of Print. The presence of embedded location options in agricultural commodity futures contracts allows for several additional deliverable locations in addition to the reference location for the delivery of the underlying asset using location specific adjustments to futures settlement prices. Price discovery contribution assessment in this context needs to be done simultaneously across futures and cash markets in all these deliverable locations in contrast to present bivariate studies in the Indian context, which only consider futures and the cash market at reference location. We assess price discovery contributions across all the deliverable cash markets and the most liquid futures contract for Chana (Gram/Chickpea) in India. We find that while futures lead price discovery as expected, the cash market at the reference location plays almost no role in price discovery with cash markets at additional deliverable locations playing a larger than expected role. We interpret these results as arising from large values of location options for Chana due to inappropriate specifications of deliverable asset locations and associated premiums and discounts. These results provide evidence that exchanges and regulators need to monitor option values and optimize delivery specifications of futures contracts so that they perform their functions of price discovery and risk transfer well. Citation: Business Perspectives and Research PubDate: 2022-05-09T09:52:22Z DOI: 10.1177/22785337221098270
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Authors:Sushma Verma, Samik Shome, Aakruti Patel Abstract: Business Perspectives and Research, Ahead of Print. Small and medium-sized enterprises (SMEs) are the driving force for the robust socioeconomic growth of a country. The study primarily aims to empirically evaluate the impact of certain firm-specific factors on the financing preferences of the listed SMEs with specific reference to India. It attempts to examine their financing practices and also investigates if they follow the order explained under various theories of finance. The sample consists of 134 listed SMEs on NSE as well as BSE SME exchange. They have been studied for the period from 2014 to 2019. The sample and the time period of the study differentiates it from the existing studies in the domain. It concludes that though majority of the variables included in the model are statistically significant, there is a possibility of influence of other micro-level variables or macro-level economic factors on the financing decisions of the listed SMEs. It is also revealed that for their financial needs, SMEs prefer short-term spontaneous sources, that is, payables and provisions, then accumulated profits followed by short-term borrowings and in last opt for the long-term debt. The study also found that there is no single theory that can completely explain the financing behavior of the listed SMEs. Moreover, it is also observed that no additional benefit is available for SMEs out of listing in India. Citation: Business Perspectives and Research PubDate: 2022-05-04T11:51:47Z DOI: 10.1177/22785337221093682
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Authors:Vipul Patel Abstract: Business Perspectives and Research, Ahead of Print. Today’s consumers are multichannel shoppers, that is, they have many channel options for searching product-related information and purchase. This study focuses on one such form of multichannel shopping behavior of online search and offline purchase sequence known as ROPO (research online and purchase offline) behavior in the post-COVID-19 pandemic context. As shoppers return to stores post-COVID-19 pandemic, understanding this ROPO behavior will help retailers to develop strategies to meet their needs. This study attempts to profile the shoppers showing ROPO behavior based on the theory of perceived value of shopping, that is, shoppers select the channels at each stage of shopping that provide maximum value considering the various costs associated with those channels. Six drivers of ROPO behaviors are confirmed based on the sample of 526 respondents using confirmatory factor analysis. Furthermore, three distinct segments of shoppers—risk averters, value maximizers, and convenience seekers—showing ROPO behaviors are identified using k-means cluster analysis. Knowledge of these distinct shopper segments will provide managerial insight for retailers to provide an excellent shopping experience to their customers during the post-COVID-19 pandemic. Citation: Business Perspectives and Research PubDate: 2022-04-21T11:49:10Z DOI: 10.1177/22785337221093687
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Authors:Jinal Shah, Monica Khanna, Rahul Deshpande Abstract: Business Perspectives and Research, Ahead of Print. An extension of the open education resource (OER) and open course ware (OCW) movement, massive open online courses (MOOCs) have changed the education landscape. MOOCs offer free courses from reputed universities to learners across the world. Despite immense popularity and universal adoption, very little is known about what constitutes MOOC success and effectiveness. The purpose of this study was to investigate the factors influencing MOOC success by developing a model named the learner satisfaction model for MOOCs (LSMM). The model was empirically tested through a cross-sectional research design. Primary data were collected using purposive sampling from 227 respondents in India. The partial least square structural equation modelling (PLS-SEM) technique was used for testing the hypothesized relationships. The outcomes demonstrated that MOOC system usage significantly influenced the user satisfaction of MOOC learners. Also, the learner experience positively influenced MOOC system usage and satisfaction. However, it was observed that system quality influenced satisfaction but did not impact usage, and information quality had no impact on system use and satisfaction. Although the study has limited generalizability, the findings will help the MOOC platform providers, facilitators, and other stakeholders to design and implement the MOOCs in such a way to enhance their success and effectiveness. Citation: Business Perspectives and Research PubDate: 2022-04-20T05:52:01Z DOI: 10.1177/22785337221092836
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Authors:Amarjit Kaur, Prerna Ahuja, Jinesh Jain, Simarjeet Singh, Aashish Garg Abstract: Business Perspectives and Research, Ahead of Print. Owing to radical advances in the area of technology, the health sector has gained access to technologies to meet patient requirements; for example, mobile health (mHealth) care. Despite the possible benefits of mHealth, the effectiveness of these interventions ultimately depends on whether citizens use those initiatives. The current study have thus sought to explore mHealth applications’ adoption behavior. A cross-sectional investigation process has been employed on 440 potential consumers from North India to enumerate the consumers’ intention and their adoption. In addition to the core constituents highlighted in previous studies, this research focuses more on the relationship of several other factors affecting behavioral intentions and their eventual impact on the acceptance of mHealth apps. The key considerations in the current study are the inclusion of trust in the existing UTAUT model and the mediating role of behavioral intentions in determining mHealth services adoption. Citation: Business Perspectives and Research PubDate: 2022-04-11T05:50:02Z DOI: 10.1177/22785337221091017
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Authors:Ganesh Bhattarai Abstract: Business Perspectives and Research, Ahead of Print. This study has developed a model incorporating employee networking ability and self-promotion behavior in the relationship between perception of organizational politics and career satisfaction. Specifically, this study examined (a) the direct association of perception of organizational politics, networking ability, and self-promotion behavior with career satisfaction, and (b) mediating role of networking ability and self-promotion behavior in the relationship between perceptions of organizational politics and career satisfaction. Positivist research philosophy and deductive reasoning approach were adopted to conclude. “AMOS” structural equation modeling was used to examine self-reported perceptual cross-sectional data acquired from 725 employees working in Nepalese commercial banks. The direct influence of organizational politics on career satisfaction was significant, although it was in the opposite direction of the predicted connection. Both networking abilities and self-promotion behavior mediated the association between organizational politics perception and career satisfaction. Besides the hypothesized relationship, a causal impact of self-promotion behavior on networking ability was established to improve the model fit index. Direct and indirect (through networking ability and self-promotion behavior) effects of perception of organizational politics on an employee’s career satisfaction were measured. It issuggested that the findings have a number of theoretical and practical implications. Citation: Business Perspectives and Research PubDate: 2022-04-05T03:36:29Z DOI: 10.1177/22785337211070379
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Authors:Debarun Chakraborty, Shakti Bodh Bhatnagar, Wendrila Biswas, Ajay Kumar Khatua Abstract: Business Perspectives and Research, Ahead of Print. With the advancement of information technology, varied important applications have eventually brought a change in the people’s lifestyle. Moreover, smartphones gave a new face with the emergence of mobile apps. Grocery apps are one of such applications that have created customized and finest shopping experiences for consumers today. The purpose of the paper is to highlight the underlying factors influencing a consumer’s behavioral intention (BI) to adopt and accept the technology (i.e., grocery apps). The unique constructs have been derived from potential models of technology acceptance. The paper investigated the effects and relationships of such factors in adoption of grocery apps and its actual usage. Thus, a general adoption model was evolved that provided a comprehensive understanding of the consumers’ intention to adopt the grocery apps and identify the level of its acceptance. Based on the insights from prior research, a new model has been developed. 440 respondents have provided their valuable responses. The research findings revealed that household size significantly moderates the relationship between BI and actual use (AU). Citation: Business Perspectives and Research PubDate: 2022-03-29T09:27:46Z DOI: 10.1177/22785337221091640
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Authors:Shaista Noor, Filzah Md Isa, Ali Shafiq Abstract: Business Perspectives and Research, Ahead of Print. Women entrepreneurship is on the rise in Malaysia due to government support. However, financial, sociocultural, environmental, and individual factors handicap women’s entrepreneurial success in Malaysia. Even though women’s personality attributes such as tenderness, empathy, patience, and care fit with the need of the aged care industry, their involvement in this industry is minimal when compared to other businesses. The entry of Malaysian women as an aging care center operator may help the Malaysian government overcome the looming challenge of the aging population. This study investigates the challenges women entrepreneurs face in achieving entrepreneurial success in the aged care industry. Ten women entrepreneurs who were running aged care centers in Malaysia were interviewed. Semi-structured interviews were utilized to gather data, and Saldaña (2018) structured inductive data analysis methodology was used to analyze the data. A success model for women entrepreneurs in the service industry is proposed by identifying women entrepreneurs’ critical challenges in the aged care industry. Despite many challenges, the centers are still sustainable and depict women entrepreneurs’ potential to excel in this industry. This carries implications for the industry, policymakers, investors, and society. The present study proposes a business model for women entrepreneurs, a novel contribution to the mainstream literature. Citation: Business Perspectives and Research PubDate: 2022-03-29T03:47:30Z DOI: 10.1177/22785337221087481
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Authors:Roghayeh Teimourfamian Asl, Soheila Khoddami Abstract: Business Perspectives and Research, Ahead of Print. The role of individually perceived and contextual factors on green purchase behavior (GPB) with a focus on the dimensions of consumer perceived value has been evaluated in this research. The basis of the model is a stimuli–organism–response (SOR) framework, and the theory of planned behavior and the theory of consumption values have been combined. The research has been conducted on Iranian green consumers with green purchase experiences. It is an empirical study using the questionnaire survey method. Structural equation modelling (SEM) is utilized to measure the research framework. It has been revealed that individually perceived factors have more impact on GPB than contextual factors in this research. On the other hand, contextual factors do not affect the GPB of Iranian consumers. In addition, perceived social value had less effect on GPB than perceived emotional value. Therefore, the present study was likely proposed to fill the gap of previous studies, deprived of categorized factors affecting GPB focusing on internal and external approaches. Citation: Business Perspectives and Research PubDate: 2022-03-11T03:25:04Z DOI: 10.1177/22785337221080505
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Authors:A. N. Vijayakumar Abstract: Business Perspectives and Research, Ahead of Print. Coffee is one of the largest traded agri-plantation commodities consumed as a popular beverage across the globe. India exports 75% of its coffee to Europe, the USA, and other developed countries; however, prices depend upon multiple factors of national and international importance. This study makes an in-depth analysis of the US dollar, crude oil, International Coffee Organisation’s (ICO) coffee spot, and futures on Indian coffee auction prices of Arabica and Robusta. The study adopting causal research method examined cointegration and relative effect by administering Johansen cointegration, vector error correction model under VAR environment, VEC-Granger causality, and block exogeneity Wald test. The study found cointegration and long-run association of the US dollar index and crude oil on Arabica than Robusta coffee. Hence, any change in the prices of ICO spot, Arabica coffee futures, crude oil, and the US $ index leads to long-term change in the Indian Arabica coffee auction prices. Coffee exporter should hedge their currency risk on Arabica export and coffee farmers may anticipate increase in domestic prices against sharp rise in US dollar. Citation: Business Perspectives and Research PubDate: 2022-02-17T03:18:38Z DOI: 10.1177/22785337221077399
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Authors:Raghavendra A. N., Vijayakumar G., Adarsha K. Abstract: Business Perspectives and Research, Ahead of Print. This study interprets the development and validation of the organizational capacity assessment tool, which is designed to evaluate the gaps in capabilities of hospitals across India. This assessment tool was tested on 300 managers working in hospitals across 16 states of India, with a majority coming from small-sized hospitals. The 40-item measure assessed six factors of organizational capabilities, namely, organizational foundation, organizational resources, organizational capacities, core task implementation, benefits and impacts, and external relations. Gaps in the capacities were identified. Internal consistency was evaluated using the Cronbach’s alpha. Confirmatory factor analysis supported the inclusion of the items in the questionnaire. In addition, structural equation modeling was conducted to evaluate the goodness of fit of the model demonstrating the relationships between the study variables. It was found that individual factors such as core task implementation and organizational foundation significantly influenced benefits and impacts as well as external relations. Similarly, organizational resources positively impacted evaluation capacity outcomes. In contrast, organizational capacity had no significant influence on either benefits and impacts or external relations. This study only validates the capacity assessment tool; however, it needs to be measured with varied types of work personnel within the healthcare sector as there is a huge diversity in the work force of this area. Based on this empirical study, many future research implications were suggested. Citation: Business Perspectives and Research PubDate: 2022-02-16T06:09:35Z DOI: 10.1177/22785337221077397
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Authors:Norman Mohd Saleh, Muhammad Faiz Ahmad Mizan, Mohammad Syazwan Jamaludin, Maizatulakma Abdullah, Mohamat Sabri Hassan, Romlah Jaffar, Zaleha Abdul Shukor Abstract: Business Perspectives and Research, Ahead of Print. This study provides a narrative view of the cooperative activism concept. Mutual incentives theory suggests a typology of activism: true believers, supporters’ club, loyal customers, and free riders. Insights from focus group discussions suggest that cooperative members can be divided into these four categories and distributed unevenly, with the minority and majority as true believers and free riders, respectively. Given that the majority of cooperative members remain in the free-rider category, their demand for financial return dominates and forces true believers involved in cooperative management to work toward the demutualization of cooperatives that emphasizes financial return. This study also suggests indicators to measure cooperative member activism for future research. The implication is for cooperatives to address issues related to members’ activism, such as openness to new ideas, new generation glass ceiling, improving participation, and instill belief in cooperative concept among members. Citation: Business Perspectives and Research PubDate: 2022-02-15T06:11:04Z DOI: 10.1177/22785337221077395
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Authors:Neeraj Nautiyal, Shweta Belwal, Rakesh Belwal Abstract: Business Perspectives and Research, Ahead of Print. In light of the persistent and coinciding internal and external imbalances, there remains an argument that worsening balance of payment (BoP) is the result of higher fiscal imbalance. However, no concrete consensus either theoretical or empirical exists, particularly in the context of India, and, therefore, this phenomenon of the twin deficit hypothesis becomes more of an empirical question. This study makes a timely and fresh revisit, especially in the backdrop of the fiscal expansions, to curb the recent recessionary situation that is engulfing the economy. To this end, an econometric exercise is undertaken on a quarterly data of financial year over 2000–2019. This work also extends the analysis with three reference variables, namely gross domestic product (GDP), private investment to GDP, real effective exchange rate together with the data for three dummy years to capture the impact of their specific occurrence in a particular year. The transmission mechanism describes how the budget deficit transcends and affects external sector variables. Empirical findings suggest a strong positive association between the budget deficit and current account deficit (CAD), which reinforces the validity of Mundell–Fleming and Keynesian theories. The effect of different exogenous variables explicitly indicates a simultaneous action on multiple fronts to improve the twin account balance. Citation: Business Perspectives and Research PubDate: 2022-02-15T05:27:25Z DOI: 10.1177/22785337211070378
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Authors:Anjali Majumdar, Satishchandra Kumar Abstract: Business Perspectives and Research, Ahead of Print. This research paper reports the relationship of organizational justice, work engagement, and psychological capital of employees with their well-being. The predictive strength of organizational justice was tested for employee well-being. Along with this, the mediating effect of work engagement and the moderating effect of psychological capital of employees were tested on this relationship. Out of 479 participants who were asked to fill the organizational justice scale, Utrecht work engagement scale, psychological capital questionnaire, and mental health continuum, the data of 458 (269 males and 189 females) were retained after data screening. Regression analyses and structural equation modeling were conducted to test the relationship between the three predictor variables and one criterion variable. Results indicated that all three predictor variables predict well-being significantly. The relationship between organizational justice and employee well-being was completely mediated by work engagement and moderated by psychological capital of employees. The mediation effect of work engagement and the moderation effect of psychological capital on the relationship between organizational justice and employee well-being have not been explored previously. The possibility of self-reporting bias due to the self-report nature of questionnaires used is a major limitation of this study. Citation: Business Perspectives and Research PubDate: 2022-02-11T05:10:54Z DOI: 10.1177/22785337221077396
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Authors:Jashim Uddin Ahmed, Quazi Tafsirul Islam, Asma Ahmed, Sakib Bin Amin Abstract: Business Perspectives and Research, Ahead of Print. The linear economic model fueled by misconception and ignorance towards our limited resources led us to extract, produce, consume, and dispose of materials faster than putting them back into the chain or reproducing. The circular economy (CE) business model answers these concerns, and exploring the implementation of such models in densely populated emerging nations is overdue. An open-ended interview of the executive team of Paperman Foundation, the organization in concern, was conducted, along with documentary analysis of the organization’s website, international news coverage, and government legislation to collect data for the research. The Paperman Foundation (hereinafter referred to as Paperman) has successfully implemented a circularity business model based on resource value extension in one of the largest cities in India. They have been scaling their operations for almost a decade and sustainably returned the recovered resources to the supply chain extending the resource value of post-consumer plastic waste and thus cutting down on carbon emission. This study established that such contemporary business models like the circular model can achieve lowered carbon emissions in emerging and transitional economies such as India successfully. Although, there is a high volume of research output from academia in CE in the past decade, most of them are not conducted on cases based in emerging economies. Only one representative organization is considered in this case study. Studying several organizations from similar economies could provide a better understanding. Citation: Business Perspectives and Research PubDate: 2022-02-10T05:33:32Z DOI: 10.1177/22785337211070363
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Authors:Rashi Malpani, Anupam Ghosh Abstract: Business Perspectives and Research, Ahead of Print. The need for creating an environment for sustainable growth of startups for the well-being of an economy cannot be overemphasized. Many experts have proposed that corporate social responsibility (CSR) practices are integral to the long-term survival and success of startups (Jenkins, Confronting the challenges of participatory culture: Media education for the 21st century, 2009). At the same time, they also argue that it is very challenging for startups to adopt these practices effectively (Salamzadeh, 2015). In this background, this is an empirical study of promoters of startups in a developing economy, India, to test the linkages between CSR practices and startup success. The study empirically examines the perception of the promoters regarding these linkages, studies the CSR practices adopted by them, and identifies the challenges faced by them in using CSR for sustainable growth. The findings of the study reveal that there is a distinct relationship between startup success (sustainability) and CSR activities. The article empirically proves that the sustainability of a startup is positively dependent upon internal, external, and environmental CSR initiatives. It also concludes that definite structural interventions are required by policymakers to achieve the twin objectives of startup success and societal well-being. Citation: Business Perspectives and Research PubDate: 2022-02-09T06:48:57Z DOI: 10.1177/22785337211070357
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Authors:Irfan Rashid Ganie, Tahir Ahmad Wani, Miklesh Prasad Yadav Abstract: Business Perspectives and Research, Ahead of Print. COVID-19 quickly spread all over the world and dramatically affected the financial markets in almost everycountry. Its spread created havoc in the market, and investors fearing risk suffereda significant amount of financialloss in a very short time. This article aims to analyze the impact of COVID-19 on stock markets in the top six affected countries based on the total number of cases confirmed. In addition, it also analyzes the stock market volatility caused by the virus and the abnormal returns generated by the markets during the pandemic. We employevent study methodology in different sub-periods to examine the most volatile event periods with the daily rise in the Covid cases and subsequent returns generated by the markets during these sub-periodsin relation to the daily rise in the case. The increase in volatility and the presence of significant abnormal returns among the sample indices show the impact of COVID-19 on stock markets. The result reveals that Brazilian stock indices show the highest decline among the selected countries, with a fall of more than 50% during the pandemic, while Mexican indices show the lowest fall of around 30% during the same period. Citation: Business Perspectives and Research PubDate: 2022-02-08T10:37:13Z DOI: 10.1177/22785337211073635
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Authors:Mohammed Anam Akhtar, Khurram Ajaz Khan, Hung Cuong Hoang Abstract: Business Perspectives and Research, Ahead of Print. This study aims to find the role social networking sites (SNSs) have in the form of expert opinions and blogs available at digital platforms, on financial product choice (FPC). How do social blogs and online expert opinions influence people’s purchasing decisions when using a TPB-based model' The research is conducted in northern India on an individual-level survey basis. The effects of the chosen variable on purchase intentions through the theory of planned behavior were examined by partial least square-structural equation modeling (PLS-SEM) using SMART-PLS 3.2. The results revealed that social media platforms have a positive impact on individuals’ FPCs through blogs and opinions. This study adds to the literature by providing insights into the impact of social media on financial product selection in a developing country like India, an area that is not much explored. More so, there is no conclusive literature available in the Indian context using gender as a moderator over TPB while examining intention to invest in financial products. The study provides a better understanding of investment behavior using online social platforms, blogs, and online expert opinion to policymakers and regulators like SEBI and service providers for enhancing the reach of their services. However, constraints such as dealing with self-reporting and generalizing findings to various situations are expected to be overcome with additional research in the field. Citation: Business Perspectives and Research PubDate: 2022-02-08T04:29:15Z DOI: 10.1177/22785337211070342
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Authors:Omnia Abdelazeem Hilal Abstract: Business Perspectives and Research, Ahead of Print. Existing literature suggests that there is a relationship between leader–member exchange (LMX) and workplace envy (WE). However, a degree of inconsistency among research results was detected which could be due to overlooking the possible role of organizational stress (OS). Building on social comparison theory and transactional theory of stress and coping, it is proposed that the relationship between LMX and WE is moderated by OS. This study aims to provide additional insight into the mechanisms that develop WE and how it could be managed among Egyptian athletes. Two hypotheses were developed, and data was collected via self-report surveys from a sample of 320 Egyptian athletes. Regression analysis and multi-group moderation analysis were employed to test research hypotheses. Results indicated that LMX is negatively related to WE among Egyptian athletes. Moreover, it was found that OS moderates this relationship in the way that the strength of the relationship between LMX and workplace is significantly stronger among athletes with high perceived OS than among athletes with low perceived OS. Results were discussed and theoretical and managerial applications were presented. Fruitful insights have been communicated to coaches, athletes, and sport managers. Limitations and proposals for future research were suggested. Citation: Business Perspectives and Research PubDate: 2022-02-04T04:05:51Z DOI: 10.1177/22785337211070371
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Authors:K. S. Ranjani, Poonam Singh, Rajeev Kumar Revulagadda Abstract: Business Perspectives and Research, Ahead of Print. Studies have found that a small scale of operations could limit the firm performance since they do not enjoy economies of scale. Since the microfinance industry is focused on provision of financial services to the poor, performance is measured both from a social as well as financial perspective. As firms increase their scale of operations, their social performance needs to be on par with their financial performance. To measure the effect of scale on performance, we use data from the Microfinance Information Exchange (MIX) market consisting of 245 Microfinance Institutions (MFIs) covering a period of 21 years from 1999 to 2019. The dependent variables are outreach, efficiency, and financial performance. The control variables are age and the regulatory status of the firm. We find that while factors like financial performance, client retention, and measures of operational efficiency are dependent on scale; they come at the cost of outreach. The pursuit of economic goals by large MFIs seems to hamper their ability to reach the poorest and/or most needy clients, implying mission drift. This study thus draws the attention of policy makers to the importance of supporting small MFIs to survive and continue to address the social goals of MFIs. Citation: Business Perspectives and Research PubDate: 2022-02-04T03:57:48Z DOI: 10.1177/22785337211070370
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Authors:Poulami Banerjee, Manjari Srivastava, Bala Krishnamoorthy Abstract: Business Perspectives and Research, Ahead of Print. Workplace emotions are intense and disruptive, so contagion becomes inevitable. With the presence of diverse groups of employees, from generational cohorts to genders, working side by side, workplace dynamics have become quite challenging. We study the factors leading to emotional contagion and its impact on the most prominent generations present today—Generation X and Y. Additionally, we also study the gender differences on emotional contagion at workplace. The factors were shortlisted via a comprehensive literature review. A qualitative research methodology has been used for deeper understanding of the topic. In-depth interviews with 62 respondents (34 from Generation Y: 16 males and 18 females; and 28 from Generation X: 15 males and 13 females) were used for data collection. Data analysis revealed that there were differences in the ways various factors affected emotional contagion for these two generations and on males and females. Based on the analysis, we have presented research propositions for quantitative validation which can be explored by future researchers. Citation: Business Perspectives and Research PubDate: 2022-02-04T03:53:07Z DOI: 10.1177/22785337211070361
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Authors:Anurag Dugar, Y. L. R. Moorthi Abstract: Business Perspectives and Research, Ahead of Print. Brand Confusion is a time-worn yet highly relevant topic for marketers, researchers, and regulatory agencies because colossal and ever-increasing number of legal cases on brand confusion have kept them interested in it.This study aims to provide a commentary on worldwide scientific literature on brand confusion highlighting the evolution, advances, trends, and inter-connections. For this purpose, 200 documents on brand confusion published between 1985 and 2019 have been systematically reviewed using Bibliometrix, a software based on R Studio.This study contributes by presenting a snapshot of the extant research on brand confusion and by providing useful insights for practitioners and researchers in terms of managerial implications and directions for further research.This is the first study to explore a wide range of global interdisciplinary scholarly work on brand confusion and its causes. Citation: Business Perspectives and Research PubDate: 2022-02-03T04:34:44Z DOI: 10.1177/22785337211070380
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Authors:Adil Zahoor Abstract: Business Perspectives and Research, Ahead of Print. This study examines the driver influence of service recovery performance (SRP) on customer engagement (CE) and customer loyalty (CL) in the Indian retail banking setting. Data collected from a sample of 457 customers who had recent experiences of service failure formed the basis of the empirical investigation. All constructs under examination were measured through structured questionnaires developed in previous research work in this area of study. However, the validity and reliability of the scales were reassessed before the final data analysis. Empirical results indicate that SRP positively influences CE and, concomitantly, CL. Further, CE fully mediates the relationship between service recovery and CL. In addition, it was observed that the structural linkages among SRP, CE and CL are significantly moderated by the gender of the customer. Banking companies are, therefore, advised to consider service failures as an opportunity, rather than a threat, to nurture CE and loyalty. Also, the gender of the customer (male/female) must be considered in deciding the recovery approach. Citation: Business Perspectives and Research PubDate: 2022-02-02T03:40:26Z DOI: 10.1177/22785337211070377
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