Umar Habibu Umar, Abubakar Jamilu Baita, Issa Hamadou and Muhamad Abduh
This study examined the impact of digital finance on SME financial inclusion in Africa.
Abstract
Purpose
This study examined the impact of digital finance on SME financial inclusion in Africa.
Design/methodology/approach
The study obtained data from the International Monetary Fund's Financial Access Survey and World Development Indicators covering the period from 2011 to 2022. Heteroskedastic panels corrected standard errors (HPCSE) and feasible generalized least squares regressions were employed in the analysis.
Findings
The findings indicate that digital finance (volume and intensity) significantly improves SME financial inclusion in Africa.
Research limitations/implications
Due to the paucity of data, the study covered only 17 African countries over 12 years (2011–2022).
Practical implications
The findings imply the need for African central banks and other relevant regulatory bodies to establish effective regulations mandating Deposit Money Banks and other financial institutions to operate agent banking. This would facilitate access to financial services for SME owners. Such measures could financially include more unbanked SME owners, especially those in rural areas. Moreover, these initiatives must be strongly supported by introducing user-friendly digital financial technologies and registering more financial technology (fintech) companies.
Social implications
Implementing necessary measures to enhance access to digital financial services for SMEs in Africa is likely to reduce unemployment and poverty and contribute to the economic growth and development of the region.
Originality/value
This study provides empirical evidence showing how digital finance affects SME financial inclusion in Africa.
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Garima Saini, Lalatendu Kesari Jena, Shivani Gupta and Girija Mahale
The paper aims to explore and explain sustainable behaviours in an organizational context using self-determination theory, suggesting that individuals are likely to be engaged in…
Abstract
Purpose
The paper aims to explore and explain sustainable behaviours in an organizational context using self-determination theory, suggesting that individuals are likely to be engaged in green practices when supported by their needs.
Design/methodology/approach
The study used three waves of longitudinal design, consisting of 702 executives in leadership roles across public and private companies with an average of 15–20 years of work experience. Professionals working throughout PAN India, the USA, Germany and Australia provided us with the data.
Findings
Green transformational leaderships play a pivot in fostering optimism in employees when recrafting their work. Employees being encouraged to evaluate their jobs within the organization’s capacity would bring meaningful change and envision a sustainable future. All the study hypotheses were supported, highlighting the importance of green-focused leadership with individual agencies in line with the organization’s green values.
Practical implications
Using sustainable practices advances organizations in providing green commitment through leadership. Implementing this in the organization can help achieve long-term success by ensuring sustainable practices are embedded in culture rather than a peripheral initiative promoting sustainable decision-making and behaviours.
Originality/value
The study provides insights into the factors influencing decisions to maintain and adopt sustainable practices by providing a deeper understanding of green behaviour change and strategies for promoting pro-environmental strategies in organizations.
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Tilahun Nigatu Habtemaryam, Aschalew Degoma and Abiot Tsegaye
This study investigated how green innovation (GINO), using practices like green marketing orientation (GMO), manufacturing (GMfP), investment (GINV) and HRM, improves…
Abstract
Purpose
This study investigated how green innovation (GINO), using practices like green marketing orientation (GMO), manufacturing (GMfP), investment (GINV) and HRM, improves environmental performance (EnP) in Ethiopian leather, textile and garment businesses.
Design/methodology/approach
The study used a cross-sectional, quantitative design. It surveyed 201 participants, selected via stratified random sampling. Researchers examined the hypothesis using PLS-SEM.
Findings
Our findings showed that green practices, especially GMP, GMO, GHRM, GINV and GINO, greatly boost firms’ environmental performance. GMP, GMO and GINV had a strong synergy on green innovation. GHRM had no significant effect. Except for GHRM, results showed that green innovation helps most green practices. It links them to better environmental performance.
Practical implications
For managers and policymakers working in the leather, textile and apparel industries in Ethiopia, this report provides insightful information. Strategic planning that supports and prioritizes the adoption of green practices is shown to be essential. Such activities are expected to improve corporate competitiveness and green innovation, ultimately resulting in ecologically sustainable performance.
Originality/value
Unique findings illuminate emerging nations’ leather, textile and apparel industries. This pioneering study reveals critical links that were previously unexplored. Its relevance extends across developing economies, offering fresh insights into these interconnected sectors.
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The United Nations through the Sustainable Development Goals (SDGs), for instance, the SDG 13 calls for climate action and SDG 11 calls for the development of smart and clean…
Abstract
Purpose
The United Nations through the Sustainable Development Goals (SDGs), for instance, the SDG 13 calls for climate action and SDG 11 calls for the development of smart and clean cities and communities. Empirical findings on this subject show the importance of clean fuels in fostering environmental sustainability. Literature shows a dearth on the studies examining on how “effective capital” affects the quality of the surroundings. “Effective capital” is fundamental because of its ability to cater for the complementarity of capital and energy.
Design/methodology/approach
This research uses the ecological footprint index to represent environmental damage, diverting from past studies that have extensively used carbon emission. The data of the European Union nations during the time 1990 to 2019 is utilized in data analysis. The contemporary method of data analysis, the Methods of Moments Quantile Regression, is employed; hence, reliable results are obtained in the presence of heterogeneity and cross-sectional dependence in the indicators and model.
Findings
The study findings show that effective capital is detrimental to environmental sustainability because of fossil fuel inclusion in this index. This calls for a transition by nations to clean fuels and technologies. Energy efficiency, research and development and renewable energy reduce ecological footprint. Research and development and renewable energy reduce ecological footprint in the upper quantiles, while energy efficiency reduces it in the lower and middle quantiles.
Originality/value
This study is presented to foster the growing body of knowledge on the influence of effective capital on the quality of the surroundings. The research presents essential policies on how environmental sustainability is achieved through energy transition and efficient use of energy.
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Syed Imran Zaman, Sahar Qabool, Adnan Anwar and Sharfuddin Ahmed Khan
This paper examines the impact of green human resource management (GHRM) practices on employees’ pro-environmental behavior in Pakistan’s hospitality industry. It attempts to…
Abstract
Purpose
This paper examines the impact of green human resource management (GHRM) practices on employees’ pro-environmental behavior in Pakistan’s hospitality industry. It attempts to identify the critical success factors involved in promoting GHRM and pro-environmental behaviors at the workplace using Interpretive Structural Modeling (ISM) and cross-impact matrix multiplication applied to classification (MICMAC) approaches. Later, based on the ability-motivation-opportunity (AMO) model, the study also categorizes the identified critical factors into three categories: ability, motivation and opportunity.
Design/methodology/approach
The ISM approach was applied to determine the contextual relationship among the identified critical success factors responsible for promoting GHRM. MICMAC, a structural technique to analyze and validate the ISM-based model, was used to determine the autonomous, dependent, linkage and independent factors based on expert opinions and judgments. The goal was to determine the role of GHRM in transforming the pro-environmental behavior of employees.
Findings
The study’s findings show that the proper integration of effective GHRM practices significantly impacts pro-environmental employee behavior. The hierarchical model introduces innovation in the field of GHRM because ISM-based hierarchical models are flexible enough to include or exclude practices according to the green organizational objectives in the hospitality industry within the context of Pakistan. The results offer a comprehensive illustration of the importance of GHRM practices in facilitating, encouraging and promoting employees to take green initiatives and achieve business sustainability.
Research limitations/implications
The study utilizes the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) technique to identify key success criteria for GHRM, while the innovative approaches of ISM and MICMAC techniques were used to investigate employee pro-environmental behaviors. This novel method gives GHRM research an analytical direction by providing an organized framework for evaluating the impact of GHRM initiatives on environmental outcomes. Additionally, by focusing on developed economies rather than emerging ones, our study within Pakistan’s hospitality sector fills a knowledge vacuum on the dynamics of GHRM in a developing nation.
Practical implications
This study highlights the significance of managers in the hospitality sector serving as role models for implementing GHRM practices to encourage pro environmental behavior among employees. Prioritizing green structural capital, establishing standard environmentally friendly criteria for hiring and evaluating prospective employees and initiating green projects to promote a psychologically green environment are some of the key recommendations. Improving environmental performance, employee satisfaction and loyalty in the hotel industry requires constant communication, training and employee participation in sustainability decision-making.
Originality/value
The GHRM practices have been extensively discussed by academics and researchers. However, there is a notable absence of discussion on the key factors that play a role in transforming employees’ attitudes and behaviors.
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Attia Aman-Ullah, Azelin Aziz, Antonio Ariza-Montes and Heesup Han
This study explores the impact of workplace tele pressure on innovative work performance. The study also tests the mediating effect of the work-family conflict and the moderating…
Abstract
Purpose
This study explores the impact of workplace tele pressure on innovative work performance. The study also tests the mediating effect of the work-family conflict and the moderating influence of job burnout between the work-family conflict and innovative work performance.
Design/methodology/approach
Data for the present study were collected through structured questionnaires from 285 employees working in the public and private sector universities. Data were analysed through SPSS and Smart-PLS.
Findings
Results confirmed the relationship between workplace tele pressure and innovative work performance, the mediating effect of work-family conflict between workplace tele pressure and innovative work performance and the moderating influence of job burnout between work-family conflicts and innovative work performance.
Originality/value
This study model is supported by the job demands-control model and effort-recovery theory, which is being tested for the first time to support the relationship between workplace tele pressure and innovative work performance. Further, the model “workplace tele pressure → work-family conflicts → job burnout → innovative work performance” was developed and tested for the first time to study the technology-based pressure in the education sector.
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Muhammad Yasir and Kainat Alam
This study aims to examine how employees’ perception of the ethical conduct of their leaders affects their level of green innovation and environmental performance. Therefore, this…
Abstract
Purpose
This study aims to examine how employees’ perception of the ethical conduct of their leaders affects their level of green innovation and environmental performance. Therefore, this study investigated green innovation as a mediator between ethical leadership and environmental performance, specifically within the context of Pakistani restaurants.
Design/methodology/approach
Data was collected from the frontline employees using a convenience sampling method having a sample size of 213 respondents. The hypothesized model was analyzed through structural equation modeling using SmartPLS v3 software.
Findings
This study shows a (i) positive relationship between ethical leadership and environmental performance, (ii) positive association between ethical leadership and green innovation, (iii) positive relationship between green innovation and environmental performance and (iv) green innovation mediates between ethical leadership and environmental performance.
Research limitations/implications
This research suggests that top management of the restaurants needs to focus on exhibiting ethical leadership behavior, thereby fostering green innovation practices that will improve the environmental performance of Pakistani restaurants.
Originality/value
The current study is novel as it investigates the association between ethical leadership, green innovation and environmental performance, specifically within the context of Pakistani restaurants.
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Mahadih Kyambade, Monica Tushabe, George William Mugerwa and Afulah Namatovu
This study aims to examine the mediating effect of psychological safety on the relationship between socially responsible leadership and job satisfaction.
Abstract
Purpose
This study aims to examine the mediating effect of psychological safety on the relationship between socially responsible leadership and job satisfaction.
Design/methodology/approach
A cross-sectional design was used to obtain quantitative data from staff of 214 public universities in Uganda. The authors used Mplus to conduct structural equation modeling (SEM) for this study. Questionnaires were used to collect data.
Findings
Socially responsible leadership and psychological safety have a significant positive direct effect on job satisfaction. Further psychological safety significantly mediates the relationship between socially responsible leadership and job satisfaction.
Practical implications
Psychological safety and socially responsible leadership have been found to be important factors in determining how satisfied employees are at work. Furthermore, psychological safety is essential for creating a supportive workplace culture where staff members may freely voice their opinions without worrying about unfavorable consequences. Having a sense of security at work may boost job happiness. It is crucial to remember that there may be a complex link between these elements and job happiness, one that is influenced by a number of other variables including organizational culture, personal traits of employees and the unique circumstances of the Ugandan workplace.
Originality/value
This study contributes theoretically to the examination on the relationship between socially responsible leadership and job satisfaction. This study examined the role of psychological safety as a mediator in the relationship between socially responsible leadership and job satisfaction. Moreover, it has significant effects on the development of literature about socially responsible leadership, psychological safety and job satisfaction in Ugandan public universities.
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Florencia Borrescio-Higa, Federico Droller, Sofia Johan and Patricio Valenzuela
Access to bank loans is often limited for small businesses in emerging economies, particularly during crises when capital becomes scarce. In such situations, financially…
Abstract
Purpose
Access to bank loans is often limited for small businesses in emerging economies, particularly during crises when capital becomes scarce. In such situations, financially underserved entrepreneurs may resort to unregulated financing options, often involving high-interest, illegal loans. This study aims to examine the relationship between informal, unregulated debt, financial education and well-being among entrepreneurs in Chile.
Design/methodology/approach
The empirical analysis is based on a novel large data set from the Impact of the COVID-19 pandemic on small businesses survey. The data set contains information on 1,191 entrepreneurs enrolled in Chile’s Small Business Development Center program. Linear probability and instrumental variable models are used to analyze the data.
Findings
Entrepreneurs with unregulated debt from moneylenders are more likely to have worse levels of mental well-being across multiple measures. Those who perceive a need for financial education are more likely to depend on informal, high-cost financing. Financial-advisory assistance reduces the probability of relying on unregulated debt.
Practical implications
This study highlights the role of access to financial education and formal sources of capital in improving the well-being of entrepreneurs. Moreover, this study underscores the negative consequences of illegal lending practices often associated with organized crime, which target entrepreneurs with limited financing options.
Originality/value
This research provides new insights into the adverse effects of informal, unregulated lending on well-being. It emphasizes how financial education can alleviate financial strain and improve mental health outcomes among small business owners.