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Available. Open Access. Open Access
Article
Publication date: 19 January 2023

Oussama Saoula, Amjad Shamim, Munawar Javed Ahmad and Muhammad Farrukh Abid

Entrepreneurship is an important paradigm for enhancing the economic well-being of nations. However, despite heated debate about the significant role of entrepreneurial education…

10003

Abstract

Purpose

Entrepreneurship is an important paradigm for enhancing the economic well-being of nations. However, despite heated debate about the significant role of entrepreneurial education (EE) in developing favourable entrepreneurial intention (EI), little is known about the role of individuals’ entrepreneurial self-efficacy (ES), entrepreneurial motivation (EM) and family support (FS), which the authors investigated in this study.

Design/methodology/approach

This study has used a quantitative research design to collect data from 334 young people from various Malaysian higher education institutes using a purposive sampling technique and a deductive approach based on the theory of planned behaviour (TPB).

Findings

The findings revealed interesting insights into the criticality of young people’s ES, EM and FS in learning methods, techniques and skills to start new enterprises. Moreover, EE was a significant mediator of the relationship between individual self-efficacy, FS, EM and EI.

Originality/value

This study is among the few to contribute to strategic management scholarship by designing a framework based on the idea that EE relies on diverse factors, particularly ES, EM and FS. These factors encourage Malaysian young people to seek the necessary education to develop favourable EI and launch successful businesses.

Details

Asia Pacific Journal of Innovation and Entrepreneurship, vol. 17 no. 1
Type: Research Article
ISSN: 2071-1395

Keywords

Available. Open Access. Open Access
Article
Publication date: 14 April 2023

Aisha Rizwan, Shabana Naveed and Yaamina Salman

Based on the service eco-systems perspective, this paper evaluates the strategies and actions adopted by the Government of Pakistan to handle the COVID-19 crisis with the…

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Abstract

Purpose

Based on the service eco-systems perspective, this paper evaluates the strategies and actions adopted by the Government of Pakistan to handle the COVID-19 crisis with the involvement of multiple actors including public, private, third-sector organizations and civil society.

Design/methodology/approach

The paper is based on an in-depth analysis of secondary sources including research articles, policy documents, policy briefs, governmental reports, third party evaluations/reports and media publications.

Findings

A multi-stakeholder approach was evident during the pandemic with an effort to better manage the crisis which has exerted immense social, cultural, economic and political impacts on the lives of the citizens. Collaborative efforts among stakeholders (government, private and third sector) were witnessed, resulting in a coherent response. The successful management of COVID-19 in Pakistan is attributed to multiple factors including the formation of a specialized public organization which effectively and proactively took data-driven informed decisions and aggregated the efforts of the federal and provincial governments for a timely response.

Originality/value

This paper gives insights for policymakers to create a sustainable post-pandemic socio-economic environment by building resilient structures across the government while promoting cooperation and collaboration. It suggests strategies for policymakers responsible for providing sustainable societal solutions to combat the social, economic and administrative challenges under the pandemic. As Pakistan has managed and contained the pandemic in a relatively efficient way, it is hoped that this paper can provide a learning experience for other countries with similar national contexts.

Details

Public Administration and Policy, vol. 26 no. 1
Type: Research Article
ISSN: 1727-2645

Keywords

Available. Open Access. Open Access
Article
Publication date: 18 December 2023

Danladi Chiroma Husaini, Vinlee Bernardez, Naim Zetina and David Ditaba Mphuthi

A direct correlation exists between waste disposal, disease spread and public health. This article systematically reviewed healthcare waste and its implication for public health…

3316

Abstract

Purpose

A direct correlation exists between waste disposal, disease spread and public health. This article systematically reviewed healthcare waste and its implication for public health. This review identified and described the associations and impact of waste disposal on public health.

Design/methodology/approach

This paper systematically reviewed the literature on waste disposal and its implications for public health by searching Preferred Reporting Items for Systematic Reviews and Meta-analyses (PRISMA), PubMed, Web of Science, Scopus and ScienceDirect databases. Of a total of 1,583 studies, 59 articles were selected and reviewed.

Findings

The review revealed the spread of infectious diseases and environmental degradation as the most typical implications of improper waste disposal to public health. The impact of waste includes infectious diseases such as cholera, Hepatitis B, respiratory problems, food and metal poisoning, skin infections, and bacteremia, and environmental degradation such as land, water, and air pollution, flooding, drainage obstruction, climate change, and harm to marine and wildlife.

Research limitations/implications

Infectious diseases such as cholera, hepatitis B, respiratory problems, food and metal poisoning, skin infections, bacteremia and environmental degradation such as land, water, and air pollution, flooding, drainage obstruction, climate change, and harm to marine and wildlife are some of the public impacts of improper waste disposal.

Originality/value

Healthcare industry waste is a significant waste that can harm the environment and public health if not properly collected, stored, treated, managed and disposed of. There is a need for knowledge and skills applicable to proper healthcare waste disposal and management. Policies must be developed to implement appropriate waste management to prevent public health threats.

Details

Arab Gulf Journal of Scientific Research, vol. 42 no. 4
Type: Research Article
ISSN: 1985-9899

Keywords

Available. Open Access. Open Access
Article
Publication date: 23 July 2024

Shailendra Kumar and Akash Chaurasia

The study attempts to investigate the relationship between emotional biases (loss aversion bias, overconfidence bias, and regret aversion bias) and investment decisions through a…

1917

Abstract

Purpose

The study attempts to investigate the relationship between emotional biases (loss aversion bias, overconfidence bias, and regret aversion bias) and investment decisions through a meta-analysis approach.

Design/methodology/approach

A meta-correlation analysis was done using sample size and correlation (r) data from several relevant studies that look at how emotional biases (loss aversion bias, regret aversion bias, and overconfidence bias) affect investment decisions. Additionally, beta coefficients (ß) were also converted to correlation coefficients (r) from six studies.

Findings

This study analysed 31 empirical studies and found a significant positive correlation between emotional biases and investment decisions [loss aversion bias (r = 0.492), regret aversion bias (r = 0.401), and overconfidence bias (r = 0.346)]. We set the statistical significance threshold at 0.05.

Research limitations/implications

The review covered 31 online research publications that showed significant heterogeneity, possibly influenced by various methodological, population, or other factors. Furthermore, the use of correlational data restricts the ability to establish causation.

Originality/value

This is a novel attempt to integrate the results of various studies through meta-analysis on the relation between these emotional biases (loss aversion, overconfidence, and regret aversion) and investment decisions.

Details

IIMT Journal of Management, vol. 1 no. 2
Type: Research Article
ISSN: 2976-7261

Keywords

Available. Open Access. Open Access
Article
Publication date: 25 November 2022

Anshita Bihari, Manoranjan Dash, Sanjay Kumar Kar, Kamalakanta Muduli, Anil Kumar and Sunil Luthra

This study systematically explores the patterns and connections in the behavioural bias and investment decisions of the existing literature in the Scopus database published…

18547

Abstract

Purpose

This study systematically explores the patterns and connections in the behavioural bias and investment decisions of the existing literature in the Scopus database published between 2007 and 2022. The purpose of this paper is to address this issue.

Findings

In the article it was determined which contributed documents were the most significant in this particular subject area along with the citations, publications and nations that were associated with them. The bibliographic coupling offered more in-depth insights into the papers by organizing them into distinct groups. The pattern of the publications has been brought to light, and the connection between different types of literature has provided insight into the path that future studies should take.

Research limitations/implications

This study considered only articles from the Scopus database. Future studies can be based on papers that have been published in other databases.

Originality/value

The outcome of this study provides valuable insights into the intellectual structure and biases of investors and adds value to existing knowledge. This review provides a road map for the future trend of research on behavioural bias and investment decisions.

Details

International Journal of Industrial Engineering and Operations Management, vol. 4 no. 1/2
Type: Research Article
ISSN: 2690-6090

Keywords

Available. Open Access. Open Access
Article
Publication date: 27 February 2023

Mohamed Hajjaji, AbdErrazzak Khadmaoui and Mohamed El Bakkali

The practice of consanguinity has been culturally preferred in most Arab countries, including Morocco. This behavior leads to an increase in genetic abnormalities, such as…

1634

Abstract

Purpose

The practice of consanguinity has been culturally preferred in most Arab countries, including Morocco. This behavior leads to an increase in genetic abnormalities, such as hypertension and diabetes. This paper examines the prevalence and determinants of first-cousin marriages and their impact on diabetes among offspring.

Design/methodology/approach

Data on 882 couples were collected through face-to-face interview via a pre-established questionnaire based on the variables selected within the objectives of this study. The authors used the multiple logistic regression modeling procedure in this study.

Findings

The results of the study indicate that the prevalence of first-cousin marriages were 15% among students’ parents. From the multiple logistic regression modeling, the authors found a significant effect of paternal and maternal grandparents’ first-cousins marriage on that of parents (aOR = 3.27 and aOR = 3.36, respectively). However, an 11-fold higher risk of first relative marriages among parents once the paternal and maternal grandparents were first-cousins and the father was illiterate (aOR = 11.01). Moreover, the authors reported a diabetes risk of more than 14 times when the effects of first-cousin maternal grandparents and parents and the hypertension among mother or her sibling were combined (aOR = 14.48) or when the effects of first-cousins maternal grandparents, first-cousin parents and mother’s age at marriage between 21 and 29 years were combined (aOR = 14.56).

Originality/value

First-cousin marriage depends on the father’s illiteracy and the consanguinity of grandparents’ factors. The cumulative effect of first-cousin marriage among grandparents, parents and a family history of hypertension among mother or her sibling increase the risk of diabetes among these mothers.

Details

Arab Gulf Journal of Scientific Research, vol. 42 no. 1
Type: Research Article
ISSN: 1985-9899

Keywords

Available. Open Access. Open Access
Article
Publication date: 10 December 2024

Mohammed Muneerali Thottoli, Maria Elisa Cruz and Salem Said Salem Al Abri

Universities face challenges due to the absence of artificial intelligence (AI) integration in entrepreneurship education (EE) and its incubation centers for young startups…

330

Abstract

Purpose

Universities face challenges due to the absence of artificial intelligence (AI) integration in entrepreneurship education (EE) and its incubation centers for young startups. Making a business plan for their innovative enterprises, which includes market analysis, financial projections, marketing strategy and an operations plan, are a few of the toughest tasks they may face. Aspiring students can make it simple to launch their dream business by integrating AI tools. Hence, this study aims to conduct a systematic literature review (SLR) to examine the global trend of the transformation of EE with AI and determine the necessity of integrating AI in university incubation centers as a potential future research direction.

Design/methodology/approach

In this study, the authors conducted an SLR method to investigate the transformation of EE with AI. This review employed a bibliometric analysis covering the period of 1993–2023 and utilized articles published in scientific journals available in the SCOPUS database as our data source.

Findings

There is an enormous potential for research on EE using cutting-edge AI in developed and developing nations. There is a lack of studies exploring AI integration into university incubation centers. Hence, there are possible future directions for research into integrating AI into university incubation centers using cutting-edge tools like chatbots, ChatGPT, ChatGen and other AI that will help to develop a comprehensive business plan for students aspiring entrepreneurial venture startups.

Research limitations/implications

The study’s research was limited using the Scopus database’s core collection, which may ignore other significant research articles. Therefore, the study’s scope can be constrained due to the narrow search parameters. The study, however, tries to establish the importance of its research by offering a thorough review and evaluation of AI in EE.

Practical implications

There is significance of incorporating AI into EE to foster an EE culture and realize its potential benefits. To transform incubation centers and promote aspirant entrepreneurs in the fourth industrial revolution (4IR), higher education institutions (HEIs) should strategically adopt AI.

Originality/value

This study presents a novel viewpoint by investigating the distinction in AI perception and usage among educators, advocating the incorporation of AI in university incubation centers to help entrepreneurial students. It contributes uniqueness and innovative approaches to early startup issues in EE.

Details

Asia Pacific Journal of Innovation and Entrepreneurship, vol. 19 no. 1
Type: Research Article
ISSN: 2071-1395

Keywords

Available. Open Access. Open Access
Article
Publication date: 11 March 2025

Jose Domingo Garcia-Merino, Sara Urionabarrenetxea and Leire San-Jose

Research on the number of zombie companies and their economic impact has increased exponentially in recent years. However, their social impact is hardly analysed. Zombification is…

1

Abstract

Purpose

Research on the number of zombie companies and their economic impact has increased exponentially in recent years. However, their social impact is hardly analysed. Zombification is not a problem limited to only some countries, nor is it due only to company management; it is influenced by country-level institutional contexts. Using a utilitarian perspective, this paper aims to identify the country-level institutional contexts in which zombie companies arise and to analyse their social impact worldwide, taking inequality as a social indicator. Understanding zombification is vital for maximizing societal well-being.

Design/methodology/approach

The sample studied here consists of 87,573 companies from 115 countries with negative equity over the three business years from 2019 to 2021. A mediating model is proposed, in which the degree of zombification of a country mediates the relationship between the institutional context and income inequality. The utilitarian perspective is used as an effective practical approach that prioritizes maximizing overall societal well-being and outcomes.

Findings

The results indicate that the number of zombies is influenced by country-level economic and political aspects; however, zombies do not increase inequality in countries. Indeed, the opposite occurs: Zombie companies lead to a reduction in inequality (Gini Index), probably due to a poverty alleviation shock. From a utilitarian perspective, this outcome aligns with the goal of improving societal well-being.

Practical implications

This paper makes three contributions: firstly, the zombie problem is considered worldwide; secondly, country-level institutional factors are analysed to explain the existence of zombie companies; and thirdly, the social aspect is included as a relevant approach for understanding zombie theory.

Social implications

From a utilitarian perspective, the existence of zombie companies maximizes societal well-being by redistributing wealth from capital income to labour income. Despite the financial inefficiencies of zombie companies, they play a role in reducing income inequality and preventing poverty. This paper highlights the importance of considering social factors when assessing the broader impacts of zombie companies, as they contribute to poverty reduction and promote greater income equality in specific contexts.

Originality/value

A favourable institutional environment is not conducive to the elimination of zombie companies, but rather favours them. This paper concludes that zombie companies, contrary to their reputation as economic drains, contribute to reducing income inequality, measured by the Gini Index. This paper distinguishes itself by integrating social considerations into the economic analysis, providing a deeper understanding of the broader impacts of zombie companies.

Details

Sustainability Accounting, Management and Policy Journal, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2040-8021

Keywords

Available. Open Access. Open Access
Article
Publication date: 1 July 2022

Ahmed Badreldin

This study aims to quantify the cost of rebalancing Sharīʿah-compliant indexes, both economically and statistically.

912

Abstract

Purpose

This study aims to quantify the cost of rebalancing Sharīʿah-compliant indexes, both economically and statistically.

Design/methodology/approach

An empirical approach is employed where the rebalanced Sharīʿah-compliant index is calculated numerous times with different lags in rebalancing, and the number of stocks and their cost across time are determined in order to identify the optimal rebalancing frequency.

Findings

This paper finds that annual Sharīʿah rebalancing does not lead to significant differences in portfolio returns, even though it does bring some advantages in cumulative wealth starting from the third year onwards and brings about better risk-return characteristics measured in terms of the Sharpe ratio. However, these advantages involve an average annual shifting between 30 and 60% of the portfolio market capitalization, which would be costly at any level of transaction costs.

Practical implications

A private investor may be better off holding a constant portfolio and only rebalancing in three-year intervals since this was shown to possess similar portfolio returns and cumulative wealth results. Any advantages of annual rebalancing in terms of risk-return characteristics may be offset by transaction costs of rebalancing. Sharīʿah scholars and practitioners are to determine when the correct time for rebalancing really is, taking into consideration the cost of rebalancing vis-à-vis the advantages in cumulative wealth and risk-return characteristics of the portfolio.

Originality/value

Predictions that Islamic indexes will perform well during financial crises, such as the COVID-19 pandemic, miss the cost of frequent rebalancing. This paper addresses this issue in an empirical manner learning from the previous crisis in 2008.

Details

ISRA International Journal of Islamic Finance, vol. 14 no. 3
Type: Research Article
ISSN: 0128-1976

Keywords

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