Template-Type: ReDIF-Article 1.0 Author-Name: Chi Nghia Nguyen Author-X-Name-First: Chi Nghia Author-X-Name-Last: Nguyen Author-Name: Matteo Rossi Author-X-Name-First: Matteo Author-X-Name-Last: Rossi Author-Name: Laurent Vilaine Author-X-Name-First: Laurent Author-X-Name-Last: Vilaine Author-Name: Mohamad Baker Hamieh Author-X-Name-First: Mohamad Baker Author-X-Name-Last: Hamieh Title: Creating opportunities: social entrepreneurship and disability employment Abstract: There are few studies on the social entrepreneurship of poor people meant to generate income for themselves and simultaneously to solve the problems of other poor people. This paper presents a significant study of eight cases of social entrepreneurship among people with disabilities in Vietnam. The results demonstrate that having a disability is merely a constrained element of human capital, and entrepreneurial activities are based on exploring and developing other elements beyond the constrained element, such as developing particular skills and capabilities. Moreover, this paper conducts a practical comparative analysis of six additional cases of social entrepreneurship among non-disabled individuals in Japan. The research findings underscore the significant potential of social entrepreneurship, when adopted by any company, to create job opportunities for people with disabilities. Establishing inclusive work environments or providing support tools mitigates the impact of disabilities as constrained elements and fosters the development of other less affected elements. Journal: Int. J. of Business and Emerging Markets Pages: 1-18 Issue: 5 Volume: 16 Year: 2024 Keywords: people with disabilities; social entrepreneurship; job creations; developing contexts; human capital. File-URL: http://www.inderscience.com/link.php?id=142635 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijbema:v:16:y:2024:i:5:p:1-18 Template-Type: ReDIF-Article 1.0 Author-Name: Nguyen Ngoc Hien Author-X-Name-First: Nguyen Ngoc Author-X-Name-Last: Hien Title: Drivers and barriers on consumer purchase decisions Abstract: Bioplastic is considered as a promising alternative material to mitigate the adverse effects of plastic waste on the environment. Despite many efforts to develop bioplastics, there are still many barriers to commercialisation of bioplastic products, which have received little attention in academic literature. This study aims to combine the driving factors and barrier factors in purchasing behaviour of bioplastic products in an emerging market, Vietnam. A survey using a self-administered questionnaire was conducted with 498 consumers who have used bioplastic products. Structural equation modelling (SEM) was employed to examine the research hypotheses. The results show that the extended theory of planned behaviour is suitable to explain the buying behaviour of bioplastic products. Additionally, this study also demonstrated that habit, cost perception, and inconvenience perception had a negative influence on the intention and behaviour of purchasing bioplastic products. The significance for research and practice is discussed along with the study findings. Journal: Int. J. of Business and Emerging Markets Pages: 477-500 Issue: 4 Volume: 16 Year: 2024 Keywords: bioplastic products; environmental concern; personal moral norm; habit; cost perception; inconvenience perception. File-URL: http://www.inderscience.com/link.php?id=141724 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:4:p:477-500 Template-Type: ReDIF-Article 1.0 Author-Name: Swati Dhir Author-X-Name-First: Swati Author-X-Name-Last: Dhir Author-Name: Shiwangi Singh Author-X-Name-First: Shiwangi Author-X-Name-Last: Singh Title: Workplace spirituality: a meta-analysis of conceptualisation of constructs Abstract: Workplace spirituality has gained huge importance in organisational studies in the past few years. This study analyses the dimensions of the workplace spirituality construct and provides updated knowledge on its significance. It also summarises the empirical findings of existing literature and enhances the understanding about the constructs of workplace spirituality. The meta-analysis is used to find the homogenous and heterogeneous views about the dimensions of workplace spirituality. The documents were searched in Scopus, WoS, and EBSCO databases. Twenty quantitative studies were identified for the data extraction. The analysis was conducted using Comprehensive Meta-analysis Software. Workplace spirituality has become one of the most important and significant workplace attitudes in the emerging economies. The study comprehensively summarises the empirical research on various dimensions of workplace spirituality. The study provides direction for future researchers to explore the existing constructs in different contexts. Journal: Int. J. of Business and Emerging Markets Pages: 275-294 Issue: 3 Volume: 16 Year: 2024 Keywords: workplace spirituality; meta-analysis; review; spirituality in the workplace; meaningful work; well-being. File-URL: http://www.inderscience.com/link.php?id=139423 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:3:p:275-294 Template-Type: ReDIF-Article 1.0 Author-Name: James Temitope Dada Author-X-Name-First: James Temitope Author-X-Name-Last: Dada Author-Name: Clement Olalekan Olaniyi Author-X-Name-First: Clement Olalekan Author-X-Name-Last: Olaniyi Author-Name: Emmanuel Olayemi Awoleye Author-X-Name-First: Emmanuel Olayemi Author-X-Name-Last: Awoleye Author-Name: Mamdouh Abdulaziz Saleh Al-Faryan Author-X-Name-First: Mamdouh Abdulaziz Saleh Author-X-Name-Last: Al-Faryan Title: Stock market prices and exchange rates in Nigeria: insights from a nonlinear and asymmetric analysis Abstract: This study examines the asymmetric structure (good and bad news) inherent in both stock market prices and exchange rates in Nigeria by using monthly data between January 1986 and December 2019. This study uses a nonlinear autoregressive distributed lag model and asymmetric causal approach within bootstrap simulations with leverage adjustments. The finding shows evidence of a long-run relationship between the variables. Positive and negative shocks (appreciation and depreciation) in the exchange rates hurt stock market prices, while shocks (good and bad news) in stock market prices positively affect the exchange rates. A unidirectional causality from exchange rates to stock market prices was found, thus supporting the traditional approach (flow-oriented) to exchange rates-stock market prices nexus. The study concludes that there is evidence of asymmetric structures in the relationship between stock market prices and exchange rates in Nigeria. Journal: Int. J. of Business and Emerging Markets Pages: 453-476 Issue: 4 Volume: 16 Year: 2024 Keywords: stock market prices; exchange rates; good news; bad news; Nigeria. File-URL: http://www.inderscience.com/link.php?id=141727 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:4:p:453-476 Template-Type: ReDIF-Article 1.0 Author-Name: Melese Waktola Erba Author-X-Name-First: Melese Waktola Author-X-Name-Last: Erba Title: Green advertisement on environmental sustainability in Ethiopian manufacturing companies: the mediating role of corporate social responsibility Abstract: This study examines the impact of green advertising on environmental sustainability through the lens of corporate social responsibility. This study used large-scale manufacturing industries registered and operating in Ethiopia as the target population, and 400 samples were randomly selected. Of the selected samples, only 322 responses were usable with an 80.5% response rate, and the Likert-scale type of item development was used. This study used a structural equation model and smart partial least squares method for data analysis. Multivariate analysis techniques were used to test the covariance between each latent construct and the loading factor of each item, which was above the threshold of 0.7 given in the literature. The study proposed four hypotheses to test this impact, and partial least squares were applied using bootstrapping methods. The results show a positive and significant relationship between the proposed hypotheses and green advertising, environmental sustainability, and corporate social responsibility. Therefore, the manufacturing industry should consider green advertising and environmental sustainability. The study also concludes that corporate social responsibility plays a mediating role between the variables. Journal: Int. J. of Business and Emerging Markets Pages: 367-388 Issue: 3 Volume: 16 Year: 2024 Keywords: green advertisements; environmental sustainability; corporate social responsibility; CSR. File-URL: http://www.inderscience.com/link.php?id=139424 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:3:p:367-388 Template-Type: ReDIF-Article 1.0 Author-Name: Jamie Hurst Author-X-Name-First: Jamie Author-X-Name-Last: Hurst Author-Name: Dylan Sutherland Author-X-Name-First: Dylan Author-X-Name-Last: Sutherland Title: A comparative analysis of institutional arbitrage strategies in emerging and developed market MNEs: exploring tax haven subsidiary incorporation Abstract: This paper explores: 1) the extent to which emerging market MNEs, owing to their generally fragile and weaker domestic institutional environments, are more predisposed towards institutional arbitrage related FDI than developed market MNEs; 2) identifies whether their institutional arbitrage behaviours are less responsive to domestic institutional change than those of developed market MNEs. We consider these questions by using the number of offshore tax haven-based subsidiaries as a proxy for institutional arbitrage activity in 10,892 publicly listed developed market MNEs and 7,243 listed emerging market MNEs. Our results show EMNEs, other things being equal, do indeed have a higher propensity for offshore incorporation. At the same time, however, EMNEs appear less responsive to institutional change than DMNEs. We consider implications for extant mainstream EMNE related IB theory, such as the 'springboard theory', which predicts differences between these MNE types with regards to institutional arbitrage orientation and strategy. Journal: Int. J. of Business and Emerging Markets Pages: 335-366 Issue: 3 Volume: 16 Year: 2024 Keywords: institutional arbitrage; FDI; emerging market MNEs; developed market MNEs; institutional fragility; tax havens. File-URL: http://www.inderscience.com/link.php?id=139425 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:3:p:335-366 Template-Type: ReDIF-Article 1.0 Author-Name: Van Si Nguyen Author-X-Name-First: Van Si Author-X-Name-Last: Nguyen Author-Name: Duy Minh Vo Author-X-Name-First: Duy Minh Author-X-Name-Last: Vo Title: The association between relationship marketing investments and customer gratitude in the Vietnam retail sector: an S-O-R approach Abstract: Retailers are under pressure to win customer loyalty in a competitive business environment. Combining the stimuli-organism-response (S-O-R) framework and social exchange theory, this study analyses the impact of 'stimuli' (i.e., store access convenience, store transparency policy, and hierarchy) on 'organisms' (i.e., trust, commitment, perceived quality and gratitude) and a 'response' (i.e., customer behaviour loyalty). Quantitative data were collected through interviews with 443 retail customers via a questionnaire. The CB-SEM results demonstrate the positive effects of the focal stimuli on organisms, which subsequently affect customer behaviour loyalty. These findings extend the 'stimuli' of the SOR framework by integrating hierarchy, an important Confucian cultural value, in Vietnam retailing. In addition, the results demonstrate an internal interaction in the organisms: customer gratitude is a result of customer commitment, trust and perceived quality. These results support the extension of the S-O-R framework and explain the role of customer gratitude and loyalty in Confucian culture. Journal: Int. J. of Business and Emerging Markets Pages: 501-525 Issue: 4 Volume: 16 Year: 2024 Keywords: customer gratitude; emerging market; Confucian culture; hierarchy; perceived quality; social exchange theory; S-O-R framework; store transparency policy; store access convenience; Vietnam. File-URL: http://www.inderscience.com/link.php?id=141729 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:4:p:501-525 Template-Type: ReDIF-Article 1.0 Author-Name: Elif Korkmaz Orak Author-X-Name-First: Elif Korkmaz Author-X-Name-Last: Orak Author-Name: M. Banu Durukan Author-X-Name-First: M. Banu Author-X-Name-Last: Durukan Title: Relationship between ownership structure and creditor monitoring: evidence from a bank-based civil law emerging country Abstract: In civil law countries where investor protection is regarded as low, ownership and debt maturity structures act as substitute corporate governance mechanisms. This study examines the relationship between ownership structure and creditor monitoring in a bank-based civil law emerging country, where creditor monitoring is considered a significant corporate governance mechanism. The generalised method of moments model is employed to analyse the sample consisting of small and medium enterprises, which have unique ownership characteristics, from the Borsa Istanbul BIST SME Industrials Index for the period 2007-2019. The empirical findings provide evidence that when multiple blockholders exist, the frequent monitoring role of creditors is not sought by the shareholders as a corporate governance mechanism. However, the analysis yields an insignificant relationship between family ownership and creditor monitoring. Journal: Int. J. of Business and Emerging Markets Pages: 295-312 Issue: 3 Volume: 16 Year: 2024 Keywords: corporate governance mechanism; creditor monitoring; multiple blockholders; family ownership; generalised method of moments; GMM; small and medium enterprises; bank-based country; civil law country. File-URL: http://www.inderscience.com/link.php?id=139427 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:3:p:295-312 Template-Type: ReDIF-Article 1.0 Author-Name: Habeeb Ur Rahiman Author-X-Name-First: Habeeb Ur Author-X-Name-Last: Rahiman Author-Name: Adel Sarea Author-X-Name-First: Adel Author-X-Name-Last: Sarea Author-Name: Rashmi Kodikal Author-X-Name-First: Rashmi Author-X-Name-Last: Kodikal Title: Russia-Ukraine conflict: will attainment of Sustainable Development Goals be a dream? - Owing to increasing risk in global supply chain Abstract: The Russia-Ukraine conflict poses a major threat to achieve the 2030 SDGs due to the resulting humanitarian crisis, economic shocks, and suffering of the vulnerable. This study aims to comprehensively examine the impact of conflict on the global supply chain and SDG's progress and propose strategies for stakeholders to support the SDGs amidst these challenging circumstances. The preliminary factual analysis is conducted using library research techniques and analysed to identify key themes and patterns related to the impact of the conflict on the SDGs agenda and supply chain. The results indicate that Russia and Ukraine conflict created supply chain turmoil, particularly in the region surrounding the conflict zone. The authors argued that the conflict has disrupted economic activity, trade, transportation, and infrastructure, which has affected decent work, economic growth, innovation, production, poverty, and individual well-being. As such, the authors identified significant pushback in the attainment of SDG in the region. Journal: Int. J. of Business and Emerging Markets Pages: 389-410 Issue: 3 Volume: 16 Year: 2024 Keywords: Russia; Ukraine; conflict; supply chain; Sustainable Development Goals; SDGs. File-URL: http://www.inderscience.com/link.php?id=139430 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:3:p:389-410 Template-Type: ReDIF-Article 1.0 Author-Name: Fulgence Dominick Waryoba Author-X-Name-First: Fulgence Dominick Author-X-Name-Last: Waryoba Title: Constraints on Angolan manufacturing enterprise labour productivity improvement Abstract: The study analysed factors behind labour productivity among manufacturing firms in Angola. Many studies used output per worker. The current study used sales per labour cost to reflect labour quality. Simultaneous quantile regression dealt with ordinary least square shortfalls. However, no variable was significant in the lower distribution of labour productivity. Highly educated managers were less productive than primary school managers, and large firms were more productive. Innovative and subcontracting firms were more effective than non-innovative and non-cooperative firms. Infrastructural bottlenecks reduced productivity among firms, while trade regulations supported performance for others. Local and central governments should improve infrastructure, and minimise customs and trade regulations. Future studies should investigate factors behind negative education influence on labour productivity by using output per worker. The managerial recommendations have also been provided. Journal: Int. J. of Business and Emerging Markets Pages: 526-543 Issue: 4 Volume: 16 Year: 2024 Keywords: quantile regression; manufacturing enterprises; labour productivity. File-URL: http://www.inderscience.com/link.php?id=141734 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:4:p:526-543 Template-Type: ReDIF-Article 1.0 Author-Name: Priyanka Verma Author-X-Name-First: Priyanka Author-X-Name-Last: Verma Author-Name: Pooja Soni Author-X-Name-First: Pooja Author-X-Name-Last: Soni Author-Name: Keshav Malhotra Author-X-Name-First: Keshav Author-X-Name-Last: Malhotra Title: A cross country empirical investigation of association between the financial inclusion and economic growth Abstract: Policies on financial inclusion have gathered significant interest from academics, policymakers, and regulators. Theoretically, it has been shown that financial inclusion has a positive effect on economic growth. But there do not appear to have been enough empirical studies. The article seeks to provide a comprehensive understanding of the connection between financial inclusion and economic expansion. To quantify the degree of financial inclusion on a global scale, a multidimensional global index for financial inclusion (GIFI) is constructed keeping in mind the role play of banking, insurance and other deposit corporations. The relationship between financial inclusion and economic growth is then investigated using panel econometric approaches based on the aforementioned built index. For 2010 through 2020, this analysis used annual data from 37 different countries. Our result supports favourable long-run relationship between financial inclusion and economic expansion. Journal: Int. J. of Business and Emerging Markets Pages: 563-587 Issue: 4 Volume: 16 Year: 2024 Keywords: global financial inclusion index; banking sector; insurance sector; economic growth. File-URL: http://www.inderscience.com/link.php?id=141737 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:4:p:563-587 Template-Type: ReDIF-Article 1.0 Author-Name: Tran Thi Hong Lien Author-X-Name-First: Tran Thi Hong Author-X-Name-Last: Lien Title: Corporate governance and stakeholders' wealth in ASEAN listed companies: from creation to redistribution Abstract: The main research questions of this study are 'Are good corporate governance practices beneficial? ' and 'Who among the stakeholders benefits the most? ' Answering the research questions, this study suggested implications for actions to stakeholders from the perspective of stakeholder theory and institutional theory. The matched-pair control study method was utilised on a sample of 57 pairs, or 114 top-listed corporations, from the Association of Southeast Asian Nations (ASEAN), with data from 2011 to 2016. In the context that state-owned enterprises occupy a prominent position in ASEAN economies, companies with high-quality corporate governance, enjoying lesser competitive pressure, are moving from wealth creation to wealth redistribution. This research makes a new contribution while answering the long-existing question of whether good corporate governance is beneficial. The findings send warning signals to investors, especially the minority, and invite further attention from governments to ensure equal treatment and fair corporate governance in the region. Journal: Int. J. of Business and Emerging Markets Pages: 170-188 Issue: 2 Volume: 16 Year: 2024 Keywords: corporate governance; stakeholder theory; wealth redistribution; wealth creation; ASEAN. File-URL: http://www.inderscience.com/link.php?id=137652 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:2:p:170-188 Template-Type: ReDIF-Article 1.0 Author-Name: Oluseyi Omosuyi Author-X-Name-First: Oluseyi Author-X-Name-Last: Omosuyi Author-Name: Joshua Adeyemi Afolabi Author-X-Name-First: Joshua Adeyemi Author-X-Name-Last: Afolabi Title: Assessing the growth effect of illicit financial flows in an emerging economy: the case of Nigeria Abstract: Illicit financial flow (IFF) has been identified as a form of leakage across world economies. However, empirical investigation on its growth effect is yet to be explored in Nigeria, the country with the highest volume of IFF in Africa. Thus, this study examined the growth effect of IFF in Nigeria using annual data covering 1981-2021. The dynamic ordinary least square (DOLS) estimator was employed to analyse relevant data sourced from reputable databases. The fully modified ordinary least square (FMOLS) and canonical cointegrating regression (CCR) estimators were employed for robustness check. The results showed that illicit financial flow has growth-inhibiting effects in Nigeria and is a major drain on the country's financial resources that could have been used for development financing. Thus, the Nigerian Government must devise practical means of stemming the tide of illicit financial flows in Nigeria to foster economic growth and enable the achievement of critical development agendas. Journal: Int. J. of Business and Emerging Markets Pages: 155-169 Issue: 2 Volume: 16 Year: 2024 Keywords: illicit financial flow; IFF; economic growth; dynamic ordinary least square; DOLS; Nigeria. File-URL: http://www.inderscience.com/link.php?id=137654 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:2:p:155-169 Template-Type: ReDIF-Article 1.0 Author-Name: Heba E. Hassan Author-X-Name-First: Heba E. Author-X-Name-Last: Hassan Author-Name: Suzanne C. Makarem Author-X-Name-First: Suzanne C. Author-X-Name-Last: Makarem Author-Name: Van R. Wood Author-X-Name-First: Van R. Author-X-Name-Last: Wood Title: Acceptance of mobile health services in emerging markets: a study of Egyptian consumers Abstract: This research examines the predictors of consumer adoption intentions for mobile health (m-health) applications in the Middle East and North Africa region. The proposed model adopts four predictors from the unified theory of acceptance and use of technology, assesses the roles of privacy and trust as two additional predictors, and examines the role of performance expectancy as a mediator. We test this model using survey data from 244 healthcare consumers in Egypt and structural equations modelling. Study findings confirm the importance of performance expectancy and its role as a mediator, especially for the effect of effort expectancy on adoption intentions, which is fully mediated by performance expectancy. In Egypt, a collective culture with high uncertainty avoidance, social influence and privacy are significant predictors of adoption intentions, and their effects are partially mediated by performance expectancy. Conversely, trust and facilitating conditions are not significant predictors of m-health adoption for Egyptian consumers. Journal: Int. J. of Business and Emerging Markets Pages: 137-154 Issue: 2 Volume: 16 Year: 2024 Keywords: mobile health services; m-health; technology adoption in emerging markets; mediating role of performance expectancy; application of UTAUT in the MENA region. File-URL: http://www.inderscience.com/link.php?id=137657 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:2:p:137-154 Template-Type: ReDIF-Article 1.0 Author-Name: Huan Quang Ngo Author-X-Name-First: Huan Quang Author-X-Name-Last: Ngo Author-Name: Bang Nguyen-Viet Author-X-Name-First: Bang Author-X-Name-Last: Nguyen-Viet Author-Name: Phuc Log Nguyen Author-X-Name-First: Phuc Log Author-X-Name-Last: Nguyen Title: Examination of the antecedents and the outcomes of customer incivility: a case study in the Vietnamese hospitality industry Abstract: This study aims to test the antecedents and outcomes of customer incivility in the Vietnamese hospitality industry. This study followed a quantitative approach. Data were gathered from a sample of 477 customers who dealt with employees in hospitality organisations. The results of this study suggest that customer incivility is primarily predicted by service environment, service orientation, training/knowledge, and service-representative incivility. The results also showed that customer incivility significantly affects forgiveness and vengeance. Moreover, forgiveness significantly and positively influenced customer-oriented behaviour, and vengeance significantly affected dysfunctional employee behaviour. Finally, demographic factors such as the male sex, low education levels, and younger employees had higher scores on customer incivility than the female sex, high education levels, and older employees. This study investigates the antecedents and outcomes of customer incivility in the Vietnamese hospitality industry. Journal: Int. J. of Business and Emerging Markets Pages: 50-70 Issue: 1 Volume: 16 Year: 2024 Keywords: customer incivility; service representative incivility; incivility; hospitality industry; Vietnam. File-URL: http://www.inderscience.com/link.php?id=135098 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:1:p:50-70 Template-Type: ReDIF-Article 1.0 Author-Name: Kader Şahin Author-X-Name-First: Kader Author-X-Name-Last: Şahin Author-Name: Tuğba Kaplan Author-X-Name-First: Tuğba Author-X-Name-Last: Kaplan Title: The effect of political stability and ownership on the business groups' location decisions Abstract: Internationalisation decisions are extremely important for emerging country business groups (EBGs), which have to struggle with political and economic uncertainties. This study aims to examine the location decisions of leading EBGs regarding asset-exploitation motives, political stability, and ownership. The sample consists of 11 EBGs from Türkiye. The qualitative phase consists of face-to-face interviews and content analysis. The quantitative phase includes regression analyses. According to the results, EBGs invest in emerging countries with asset-exploitation motives under the moderation of political stability and ownership. This research differs from previous studies by handling EBGs and subsidiaries, collecting data from primary and secondary sources, and including qualitative and quantitative analyses by investigating the moderator effect of political stability and ownership. The study suggests that there is a need for a multilateral strategy, which combines market, government, and social-sector actors of all stakeholders, and provides new insights for the internationalisation decisions of EBGs. Journal: Int. J. of Business and Emerging Markets Pages: 238-260 Issue: 2 Volume: 16 Year: 2024 Keywords: business groups; emerging countries; political stability; ownership; location decisions. File-URL: http://www.inderscience.com/link.php?id=137658 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:2:p:238-260 Template-Type: ReDIF-Article 1.0 Author-Name: Pooja Misra Author-X-Name-First: Pooja Author-X-Name-Last: Misra Author-Name: Komal Sharma Author-X-Name-First: Komal Author-X-Name-Last: Sharma Title: Impact of COVID-19 on the Indian retail industry: meta-trend analysis based on text mining Abstract: COVID-19 has induced a huge economic crisis and adversely impacted the retail industry. The study critically evaluates the impact of COVID-19 on the Indian retail industry, its transition as a result of the pandemic and challenges faced by it. The study shares measures and avenues that retailers should focus on to be on par with the changes in consumer behaviour that have resulted from the pandemic. This was done through a qualitative analysis, i.e., by the text mining technique in R. The qualitative data analysis and use of analytical models like word cloud, topic modelling, latent semantic analysis (LSA) have highlighted the major impact of COVID-19 on the Indian retail sector as: changes in consumer behaviour and shopping pattern, supply-chain disruption, demand fluctuation, digital transformation of the sector and liquidity crunch faced by physical store-based retailers. The study provides a direction in theoretical, empirical and applied research to retailers, researchers and policymakers. Journal: Int. J. of Business and Emerging Markets Pages: 1-20 Issue: 1 Volume: 16 Year: 2024 Keywords: COVID-19; retail industry; text mining; topic modelling; latent semantic analysis. File-URL: http://www.inderscience.com/link.php?id=135099 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:1:p:1-20 Template-Type: ReDIF-Article 1.0 Author-Name: Abraham Ayobamiji Awosusi Author-X-Name-First: Abraham Ayobamiji Author-X-Name-Last: Awosusi Author-Name: Huseyin Ozdeser Author-X-Name-First: Huseyin Author-X-Name-Last: Ozdeser Author-Name: Mehdi Seraj Author-X-Name-First: Mehdi Author-X-Name-Last: Seraj Title: Do foreign risks affect the stock market in an emerging economy? A time-series analysis Abstract: The recent global uncertainty had influenced the choices of investors. As a result, investors may defer purchases and investments in the stock market owing to a wait-and-see policy in the face of global uncertainty. In this context, this study's main objective is to explore the link between global uncertainty and the stock market in Nigeria, utilising quarterly data ranging from January 2010 and December 2018. The study deployed ARDL and Toda-Yamamoto causality test to examine this interconnection. The finding from the ARDL bounds test revealed evidence of cointegration between the stock market index and its determinants in the long run. It further shows that the stock market is negatively affected by global risk, while it is evident that economic growth positively impacts the stock market in Nigeria. However, the exchange rate impacts on the stock market tend to be insignificant in the long run. Journal: Int. J. of Business and Emerging Markets Pages: 71-88 Issue: 1 Volume: 16 Year: 2024 Keywords: global risk; stock market; ARDL; emerging economy. File-URL: http://www.inderscience.com/link.php?id=135100 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:1:p:71-88 Template-Type: ReDIF-Article 1.0 Author-Name: José Dutschke Author-X-Name-First: José Author-X-Name-Last: Dutschke Author-Name: Georg Dutschke Author-X-Name-First: Georg Author-X-Name-Last: Dutschke Author-Name: Álvaro Dias Author-X-Name-First: Álvaro Author-X-Name-Last: Dias Author-Name: Leandro F. Pereira Author-X-Name-First: Leandro F. Author-X-Name-Last: Pereira Title: The importance of events, happiness and brand love for a place sustainability Abstract: This study aims to understand to what extent effective events contribute to the image of the city that receives them, promoting the love of the city-brand and positively influence the happiness of the inhabitants and non-inhabitants. A case study was lead in the city of Cascais, using two events, 'Estoril Open' and 'Festas do Mar - Cascais'. The surveys, based on validate models of event efficacy, brand love and happy cities, were applied in two distinct samples, one composed by the inhabitants of Cascais and the other by non-inhabitants. By testing hypothesis and through correlation analysis, was concluded that effective events contribute to the image of the host city, promoting the love of the city-brand and positively influencing the happiness of the inhabitants and not inhabitants. Journal: Int. J. of Business and Emerging Markets Pages: 222-237 Issue: 2 Volume: 16 Year: 2024 Keywords: local economy; destination development; sustainability; destination competitiveness; events; brand love; happy cities; place branding. File-URL: http://www.inderscience.com/link.php?id=137660 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:2:p:222-237 Template-Type: ReDIF-Article 1.0 Author-Name: Li Jun Phoon Author-X-Name-First: Li Jun Author-X-Name-Last: Phoon Author-Name: Kay Tze Hong Author-X-Name-First: Kay Tze Author-X-Name-Last: Hong Author-Name: Houng Chien Tan Author-X-Name-First: Houng Chien Author-X-Name-Last: Tan Author-Name: Risidaxshinni Kumarusamy Author-X-Name-First: Risidaxshinni Author-X-Name-Last: Kumarusamy Title: Does environmental awareness play a mediating role in electric vehicle purchase intention? A perspective from the theory of consumption values and technology acceptance model Abstract: In view of increasing carbon emissions and climate change concerns around the globe, the 'go green' transition from petrol-powered vehicles to electric vehicles is one of the sustainable ways forward. This study therefore sought to explore Malaysian consumers' electric vehicle purchase intent by applying the theory of consumption values and the technology acceptance model. This study also leveraged the impact of government intervention on attitude and the mediating influence of environmental awareness on the association between attitude and purchase intention. A self-administered questionnaire was employed to collect data from Malaysian consumers. The results showed a substantial positive impact of attitude on electric vehicle purchase intention, which was found to be mediated by environmental awareness. Consumption values and perceived usefulness were also discovered to have a significant effect on attitude, while government intervention indicated no such effect. The findings offer meaningful insights and practical implications in building a greener community. Journal: Int. J. of Business and Emerging Markets Pages: 107-135 Issue: 1 Volume: 16 Year: 2024 Keywords: electric vehicle; purchase intention; theory of consumption values; TCV; technology acceptance model; TAM; environmental awareness; government intervention. File-URL: http://www.inderscience.com/link.php?id=135101 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:1:p:107-135 Template-Type: ReDIF-Article 1.0 Author-Name: Sunita Kumar Author-X-Name-First: Sunita Author-X-Name-Last: Kumar Author-Name: Poornima Nair Author-X-Name-First: Poornima Author-X-Name-Last: Nair Author-Name: A. Sridharan Author-X-Name-First: A. Author-X-Name-Last: Sridharan Title: The rise of new age social media influencers and their impact on the consumers' reaction and purchase intention Abstract: The internet revolution and digitisation have created innovative platforms and spokespersons for brands beyond traditional media. The marketing landscape for brands and customers is evolving towards a more personal and authentic approach; adopting various social media platforms and influencers creates more brand engagement. Influencers are the new third-party endorsers, catering to and recommending products to their loyal community of followers. The influencer and their fans/followers are a brand's new storytellers. However, selecting the right influencer for a brand's promotional strategy requires careful consideration of several factors. This paper aims to study the impact/effect of these variables, namely, endorser's credibility and corporate credibility, on consumers' attitudes towards the brand and its impact on purchase intention, with respect to the millennial era. In the present study, 14 Likert-based questions were designed, asking the respondents to rank their choice of agreement on a scale of 1 to 5. The results were obtained through statistical analysis, including measuring the relationship between variables using confirmatory factor analysis and regression techniques. And the study found that corporate credibility has a significantly higher impact (approximately 90%) than individual endorsements (including those by celebrities) in enhancing customers' brand perception. Journal: Int. J. of Business and Emerging Markets Pages: 89-106 Issue: 1 Volume: 16 Year: 2024 Keywords: social media; influencer marketing; endorser credibility; corporate credibility; consumer perception; purchase intention; millennials. File-URL: http://www.inderscience.com/link.php?id=135102 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:1:p:89-106 Template-Type: ReDIF-Article 1.0 Author-Name: Duong Nam Tien Author-X-Name-First: Duong Nam Author-X-Name-Last: Tien Title: A study on workload and job satisfaction: work-family conflict and family-work conflict as mediators Abstract: Work-family conflict (WFC) and family-work conflict (FWC) were examined as remote mediators of workload and job satisfaction. The survey was also delivered to 381 employees in various industries in Vietnam. Hypothesis testing was conducted using SEM with bootstrapping estimation. The findings showed that: 1) workload was positively correlated with WFC and FWC; 2) WFC and FWC were negatively correlated with job satisfaction; 3) WFC mediates the relationship between workload and job satisfaction; 4) FWC does not mediate the relationship between workload and job satisfaction and thus, there is no remote mediation model. The findings suggest that companies should pay attention to the amount of workload given to employees. Appropriate workloads can make employees have better performance and higher job satisfaction. Besides, a good relationship between the workplace and their families can effectively reduce the employee turnover rate and retain excellent knowledge workers. Journal: Int. J. of Business and Emerging Markets Pages: 189-206 Issue: 2 Volume: 16 Year: 2024 Keywords: workload; work-family conflict; WFC; family-work conflict; FWC: job satisfaction; mediating effects. File-URL: http://www.inderscience.com/link.php?id=137662 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:2:p:189-206 Template-Type: ReDIF-Article 1.0 Author-Name: Muhammad Anif Afandi Author-X-Name-First: Muhammad Anif Author-X-Name-Last: Afandi Author-Name: Romi Bhakti Hartarto Author-X-Name-First: Romi Bhakti Author-X-Name-Last: Hartarto Author-Name: Hardius Usman Author-X-Name-First: Hardius Author-X-Name-Last: Usman Title: Effects of ability, benevolence, and integrity on banking trust during the COVID-19 pandemic in Indonesia Abstract: This paper aims to analyse the effects of ability, benevolence, and integrity on banking trust in Indonesia during the COVID-19 pandemic from 284 respondents through purposive sampling based on criteria aged 18-65 years old and having a bank deposit. Using moderated multiple regression (MMR) methods for data analysis, we find that benevolence has a moderating effect that can strengthen the relationship between ability and customer trust in high-level conditions while decreasing the relationship in low-level conditions. Benevolence also has a moderating effect which can strengthen the relationship between integrity and customer trust in high-level conditions while decreasing the relationship in low-level conditions. Similarly, integrity has a moderating effect that can strengthen the relationship between ability and customer trust in high-level conditions while decreasing the relationship in low-level conditions. Our findings will help bank management in understanding their reputation based on customers' trust amid the COVID-19 pandemic in Indonesia. Journal: Int. J. of Business and Emerging Markets Pages: 207-221 Issue: 2 Volume: 16 Year: 2024 Keywords: banks; trust; consumer behaviour; COVID-19; Indonesia. File-URL: http://www.inderscience.com/link.php?id=137664 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:2:p:207-221 Template-Type: ReDIF-Article 1.0 Author-Name: Md. Saifullah Khalid Author-X-Name-First: Md. Saifullah Author-X-Name-Last: Khalid Title: Satisfaction level of auto-rickshaw owners towards the adoption of compressed natural gas: a case study of Ranchi, India Abstract: The state government of Jharkhand (India) is planning to phase out a large number of vehicles that run on traditional fuels, replacing them with CNG or battery-powered vehicles as part of a significant push toward clean mobility and pollution control. According to the state transportation department, around 5 lakh vehicles are registered each year, and the department hopes to register nearly half a million electric, CNG, or battery-powered vehicles once the policy is implemented. Many auto-rickshaw operators, on the other hand, have already switched to CNG vehicles. In these conditions, it is important to know if the owners of these vehicles are happy with the CNG auto-rickshaws that have been introduced. A survey of operators of CNG auto-rickshaws was carried out to determine this empirically. The data were analysed using the analysis of variance method (ANOVA). The result showed that there was a significant relationship between the working hour and the satisfaction level of auto-rickshaw owners towards the adoption of CNG at the p < 0.05 level for the three conditions [F (3, 63) = 3.588, p = 0.018]. However, no significant relationships were found between other demographic factors (age, number of dependents) and the satisfaction level of auto-rickshaw owners towards the adoption of CNG. Journal: Int. J. of Business and Emerging Markets Pages: 261-274 Issue: 2 Volume: 16 Year: 2024 Keywords: CNG; auto-rickshaw; satisfaction; sustainable transportation; intermediate public transport; IPT; ANOVA; India. File-URL: http://www.inderscience.com/link.php?id=137665 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:2:p:261-274 Template-Type: ReDIF-Article 1.0 Author-Name: Shantanu Raj Author-X-Name-First: Shantanu Author-X-Name-Last: Raj Author-Name: Madhusmita Choudhury Author-X-Name-First: Madhusmita Author-X-Name-Last: Choudhury Author-Name: Bidhu Bhusan Mishra Author-X-Name-First: Bidhu Bhusan Author-X-Name-Last: Mishra Author-Name: Aditya Ranjan Samal Author-X-Name-First: Aditya Ranjan Author-X-Name-Last: Samal Title: The role of extrinsic and intrinsic factors on the purchase intention toward processed food: a cross-sectional study in India Abstract: There is a prolific demand for processed food in the Indian market. Yet, the present literature needs a more comprehensive understanding of consumer purchasing intention towards processed food. Our study utilised the theory of planned behaviour to examine the relationship between extrinsic and intrinsic factors, attitude and purchase intention. The mediating role of attitude is also studied. The study is cross-sectional in nature, and the total number of responses gathered for the study is 375. The result is analysed through structural equation modelling. The result revealed that extrinsic factors and attitude significantly correlate with purchase intention. There is also a significant impact of the extrinsic and intrinsic factors on the purchase intention through mediating variable attitude. This finding has important implications for theory and practice. Journal: Int. J. of Business and Emerging Markets Pages: 21-49 Issue: 1 Volume: 16 Year: 2024 Keywords: extrinsic and intrinsic factors; attitude; purchase intention; structure equation modelling. File-URL: http://www.inderscience.com/link.php?id=135107 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:1:p:21-49 Template-Type: ReDIF-Article 1.0 Author-Name: Hoang Viet Linh Author-X-Name-First: Hoang Viet Author-X-Name-Last: Linh Author-Name: Qi Li Author-X-Name-First: Qi Author-X-Name-Last: Li Title: Factors that drive entrepreneurial intention among students in the food industry Abstract: This paper, through the lens of social cognitive theory (SCCT) (Lent et al., 1994), endeavours to closely examine the role of personal factors, such as internal locus of control and risk-taking propensity, as well as contextual factors, such as entrepreneurship education and family support, on entrepreneurial intention (EI) among students studying the food innovations and entrepreneurship program in Ho Chi Minh City, Vietnam. Structural relationships between key variables were illuminated through the deployment of structural equation modelling (SEM) using SMART-PLS. The study found that all factors are significantly related to entrepreneurial intention. However, entrepreneurship education and family support, as contextual factors, are the most influential factors on entrepreneurial intention, while internal locus of control and risk-taking propensity have a lower impact on entrepreneurial intention. This study reveals the potential for using SCCT within entrepreneurial intention examinations. Journal: Int. J. of Business and Emerging Markets Pages: 544-562 Issue: 4 Volume: 16 Year: 2024 Keywords: social cognitive career theory; internal locus of control; entrepreneurship education; risk taking propensity; family support; entrepreneurial intention. File-URL: http://www.inderscience.com/link.php?id=141774 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:4:p:544-562 Template-Type: ReDIF-Article 1.0 Author-Name: Aris Shokri Author-X-Name-First: Aris Author-X-Name-Last: Shokri Author-Name: Alexios Kythreotis Author-X-Name-First: Alexios Author-X-Name-Last: Kythreotis Title: Enhancing portfolio risk management: a comparative study of parametric, non-parametric, and Monte Carlo methods, with VaR and percentile ranking Abstract: In this paper, we propose a methodology to effectively manage portfolio risk and allocate capital. By taking a scientific, proactive approach, and understanding the risk associated with each asset before creating a portfolio, it is possible to minimise overall portfolio risk by distributing capital in a diverse and systematic manner. To achieve this, we suggest combining value-at-risk (VaR) with other statistical measures like the percentile rank and the empirical rule. Through this research, we found that this combination can significantly reduce potential portfolio losses when compared with an equally weighted portfolio. The results are based on an analysis of 30,200 daily historical prices between January 2011 and December 2022, using three different methods: historical (non-parametric), variance-covariance (parametric), and Monte Carlo. These findings underscore the importance of proactively managing risks along with allocating capital and highlight the benefits of using a data-driven, systematic approach to portfolio management. Journal: Int. J. of Business and Emerging Markets Pages: 411-428 Issue: 3 Volume: 16 Year: 2024 Keywords: portfolio management; risk management; capital allocation; value-at-risk; VaR; Monte Carlo. File-URL: http://www.inderscience.com/link.php?id=139472 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijbema:v:16:y:2024:i:3:p:411-428 Template-Type: ReDIF-Article 1.0 Author-Name: Md. Shahadat Hossain Author-X-Name-First: Md. Shahadat Author-X-Name-Last: Hossain Author-Name: Weng Marc Lim Author-X-Name-First: Weng Marc Author-X-Name-Last: Lim Author-Name: Md Asadul Islam Author-X-Name-First: Md Asadul Author-X-Name-Last: Islam Title: Women entrepreneurship: the role of education, national culture, and various supports Abstract: Encouraging women to get involved in entrepreneurship is key to women empowerment and wellbeing. This study endeavours to contribute to this cause by investigating the role of education, national culture, and various supports (financial support, government support, and social support) in shaping women's entrepreneurial intention. PLS-SEM was used on a sample of 351 women entrepreneurs in Bangladesh. This study finds that education and financial support play a significant role in encouraging women's entrepreneurial intention, but not government and social support and national culture. This in turn highlights the importance of empowering women to be independent (education and financial support) rather than dependent (government support) or interdependent (social support), even in developing and collectivist countries like Bangladesh (national culture), in order to promote and support women entrepreneurship. Journal: Int. J. of Business and Emerging Markets Pages: 429-452 Issue: 3 Volume: 16 Year: 2024 Keywords: education; financial support; government support; social support; national culture; entrepreneurial intention; entrepreneurship intention; female entrepreneur; female entrepreneurship; women entrepreneur; women entrepreneurship. File-URL: http://www.inderscience.com/link.php?id=139473 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijbema:v:16:y:2024:i:3:p:429-452 Template-Type: ReDIF-Article 1.0 Author-Name: Olajide Oyadeyi Author-X-Name-First: Olajide Author-X-Name-Last: Oyadeyi Title: Testing the J-curve, Marshall-Lerner condition and Thirlwall hypothesis - empirical evidence from Nigeria Abstract: The paper examined whether the J-curve, Marshall-Lerner condition and Thirlwall hypothesis hold for Nigeria, while also accounting for causality effects between the exchange rate and the current account from 1981 to 2021. The study adopted the autoregressive distributed lag and vector autoregressive causality tests to achieve these objectives. The paper suggests that exchange rate depreciation would improve Nigeria's current account balance by increasing exports and/or decreasing imports, thereby consistent with the Marshall-Lerner hypothesis. The paper also found that the estimated elasticity of imports coefficient from the long-run rate of growth is not equal to the actual export volume average as a percentage of the GDP. The findings suggested that while the Marshall-Lerner condition holds, the J-Curve phenomena and the Thirlwall hypothesis are not satisfied for Nigeria. Finally, the paper confirms the notion that causality runs from the exchange rate to the current account for Nigeria. Journal: Int. J. of Business and Emerging Markets Pages: 313-334 Issue: 3 Volume: 16 Year: 2024 Keywords: J-curve hypothesis; Marshall-Lerner condition; Thirlwall hypothesis; VAR causality; current account balance; exchange rates; Nigeria. File-URL: http://www.inderscience.com/link.php?id=139474 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbema:v:16:y:2024:i:3:p:313-334