Performance Of Industry Research Articles

The moderating role of national economic development on the relationship between ESG and firm performance in the global hospitality industry

This study examines the effect of national economic development (NED) on the relationship between Environmental, Social, and Governance (ESG) and firm performance. While ESG principles are embraced collectively by firms and nations, the influence and benefits of implementing ESG practices may vary across countries and firms operating within them. Drawing on the market-orientated perspective and Maslow’s hierarchy of needs model, we attempt to fill the gap within the global hospitality context by examining NED as a country-level boundary condition. With a sample of 1383 observations of global hospitality firms from 2002 to 2022, the findings suggest that the more economically developed a country is, the more firms can generate firm performance by engaging in sustainability performances. Moreover, it suggests the varying effects of individual ESG factors on firm performance regarding their short- and long-term effects. The study findings have important implications, providing valuable insights for researchers, policymakers, and practitioners.

Monetary Policy, Digitalisation and Banking Industry Performance in Nigeria

In the evolving financial landscape of Nigeria, the interplay between monetary policy and digitalization significantly influences the performance metrics of banks. This study explores the multifaceted impact of these two critical factors on the Nigerian banking sector. Monetary policy, orchestrated by the Central Bank of Nigeria, regulates the economy's money supply, affecting banks' lending behaviors and liquidity. Digitalization, on the other hand, offers a transformative potential for banks to enhance operational efficiency, customer experience, and service delivery through technological advancements. The study examines how money supply, lending rate and digitalization (proxied by mobile cell subscription) affect banks’ financial performance, focusing on bank credit and liquid assets, while controlling for inflation and exchange rate variables. It also examines the interaction between digitalization and monetary policy variables on bank performance. Employing an interactive multiple regression model, the study analyzes time series data from 1996 to 2022 sourced from the World Bank. Findings indicate that while stringent monetary policies can constrain bank performance by tightening credit and reducing liquidity, digitalization provides an opportunity for banks to counteract these effects through enhanced efficiency. However, the successful integration of digital technologies is contingent upon adequate investment, regulatory support, and strategic alignment with the banks’ core objectives. The study concludes that Nigerian banks must adeptly manage monetary policy fluctuations and leverage digitalization to sustain and enhance performance. These insights could guide policy formulation and strategic decision-making within the banking industry.

The impact of Covid‐19 on banking groups’ balance sheets in the euro area

AbstractMost studies have found that the Covid‐19 pandemic did not negatively impact the euro area banking industry's performance at an aggregate level. This study explores whether this finding still holds using the return on assets of 16 banking groups operating in the euro area and considering bank‐specific factors, idiosyncrasies related to different exposures of their portfolios to the business cycle and weaknesses stemming from underlying structural vulnerabilities. The banking groups are classified into clusters using unsupervised learning techniques. This research contributes to the empirical literature on the determinants of banks’ performance by highlighting the importance of banks’ heterogeneity, notably controlling for differential performance due to asset quality, solvency and business model. In addition, this paper shows that the magnitude of return on assets’ exposure to the business cycle varies across banks and that inflation in the euro area matters only for a subset of them. Importantly, the study sheds some light on the possible reasons for the mixed results in the literature regarding the role of non‐interest income, the T1 capital ratio and inflation. Finally, no significant effects of the Covid‐19 variables on banks’ return on assets are found during the first seven quarters of the pandemic.

Insights into Job Satisfaction in the Sugar Industry

This study investigates the impact of organizational commitment, job characteristics, and career development on employee job satisfaction in PT. PG Candi Baru, a sugar company in Sidoarjo, Indonesia. Using quantitative research with 130 permanent employees, data was collected via Likert scale questionnaires and analyzed using path analysis techniques with SmartPLS software. The results confirm that organizational commitment, job characteristics, and career development positively influence employee job satisfaction. These findings underscore the importance of fostering organizational commitment, improving job characteristics, and providing career development opportunities to enhance overall employee satisfaction and organizational performance in the sugar industry. Highlight: Quantitative Analysis: Path analysis with SmartPLS software for robust statistical insights. Positive Relationships: Organizational commitment, job characteristics, career development enhance satisfaction. Industry Relevance: Vital implications for enhancing satisfaction in the sugar industry. Keywoard: Organizational Commitment, Job Characteristics, Career Development, Employee Job Satisfaction, Sugar Industry

Factors Influencing the Efficiency of Construction Projects in Jimma Zone, Jimma, Oromia, Ethiopia

The construction sector plays a crucial role in the Ethiopian economy, making a substantial contribution to economic growth. However, various challenges have been identified as impacting the performance and growth of the Ethiopian construction industry. Projects in the Jimma Zone face numerous issues related to cost, time, and quality. This study aimed to evaluate how factors like resource management, stakeholder management, procurement management, and quality management influence project performance in the Jimma Zone. Data was collected through a structured questionnaire distributed to employees of Jimma Zone Employers and Contractors. A total of 62 questionnaires were distributed, with an 80.65% response rate, providing sufficient data for statistical analysis. Findings were presented using charts and tables. Quality management challenges included the absence of a quality management system and insufficient management commitment. Regression analysis indicated that resource and stakeholder management factors significantly influenced project cost and time performance, while quality management factors had a positive but not significant impact. Resource, stakeholder, and quality-related factors significantly influenced project quality performance, whereas procurement management factors did not have a significant impact. The study suggests that focusing on resource and stakeholder management could enhance project performance in the Jimma Zone.

CSR Disclosure and Bank’s Financial Performance Nexus: Evidence from Pakistan.

Present research intends to evaluate the nexus among the corporate social responsibility (CSR) disclosure and financial effectiveness of banking industry in Pakistan. This investigation applies a quantitative research approach using panel data from a sample of Pakistan’s commercial banking institutions over timeframe limited from 2009 to 2020. The outcomes of mixed effect model visualize that there is inverse significant association among CSR disclosure ROE. Whereas no statistically significant linked in the context of short-term financial performance, by using a proxy of ROA. The results suggesting that the focus on CSR events and initiatives may have a detrimental effect on financial effectiveness. It is generally acknowledged that CSR offers numerous non-financial benefits, such as enhancing social media campaigns and luring ethical investors from both domestic and foreign markets. In developing countries context (i.e., Pakistan), we can conclude that the “cost of the CSR initiatives” and “shift of focus view” can affect the performance of banking industry. The lack of a positive correlation among corporate social responsibility (CSR) and financial performance in the Pakistani financial services sector can be attributed to a lack of interest and engagement in socially conscious investing. These findings indicate that the adoption of socially responsible investment has not gained significant cultural traction in Pakistan. The results emphasize the importance of banks, regulators, and stakeholders reassessing the balance between social responsibility and financial performance, considering the possible negative consequences of revealing CSR initiatives.

Credit Risk and the Financial Performance of Commercial Banks in Somalia.

The operation of commercial banks in Somalia unfolds amidst formidable economic challenges stemming from political instability, ongoing conflicts, and a frail institutional framework. Nevertheless, Somalia’s financial sector exhibits resilience, with several commercial banks endeavoring to address the financial needs of businesses and individuals nationwide. These banks play a pivotal role in mobilizing savings, facilitating transactions, and providing credit, thereby supporting economic activities in Somalia’s predominantly cash-based economy. This study explored the impact of credit risk on the financial performance of Somali commercial banks, employing Modern Portfolio Theory (MPT) as the theoretical framework. Adopting a descriptive survey research design, secondary data from licensed commercial banks and the Central Bank of Somalia were analyzed over ten years (January 2014 to December 2023) using panel regression analysis. Findings reveal a moderate negative correlation between credit risk, measured by Bad Debt Expense Ratio (BDER), and financial performance, indicated by Return on Equity (ROE). Statistical tests confirm the significance of this relationship, emphasizing the importance of robust credit risk management practices for sustaining favorable financial outcomes. Recommendations include uniform improvement in risk management practices across the sector and proactive measures to mitigate emerging credit risk factors. Enhancing risk management frameworks is vital for ensuring continued financial stability and performance in the Somali banking industry.

Asymmetric relationship between competitive industrial performance, renewable energy, industrialization, and carbon footprint: Does artificial intelligence matter for environmental sustainability?

Developing nations have emerged as integral contributors to the global economy since the beginning of the 21st century. Their swift economic expansion and associated activities lead to a rise in carbon footprint. Keeping this in view, unlike previous studies, this study unfolds the asymmetric repercussions of competitive industrial performance and renewable energy within the context of the industrialization era in seven Asian developing countries from 1990 to 2020. The panel NARDL and asymmetric panel causality methodologies have been applied for the purpose of nonlinear analysis. According to the results, the advantageous influence of competitive industrial performance is considerably more pronounced than that of industrialization. The coefficient magnitude associated with the negative shock demonstrates a significantly substantial value in comparison to the positive shock concerning the influence of competitive industrial performance on carbon footprint. Both positive and negative changes in competitive industrial performance mitigate carbon footprint. Renewable energy generates favorable consequences by promoting environmental quality via a reduction in carbon footprint. Across various emerging economies in Asia, the rapid rise of industrialization is linked to the deterioration of environmental quality. Finally, artificial intelligence and natural resource rents decrease carbon footprints while information and communication technology intensifies environmental concerns. The research emphasizes the critical nature of integrating artificial intelligence, robotics, and technological industrial competitiveness in order to adequately tackle the carbon footprint in Asian developing countries.

Modelling the Combined Effect of Green Leadership and Human Resource Management in Moving to Green Supply Chain Performance Enhancement in Saudi Arabia

Previous research has been limited in examining the causal relationship between green transformational leadership (GTL) and green supply chain management (GSCM), with the intermediary influence of green human resource management (GHRM), within the pharmaceutical sector of the Kingdom of Saudi Arabia (KSA). This gap persisted despite the recognition in Saudi Vision 2030 of logistics, specifically, supply chain management (SCM), as fundamental to the national development agenda, given that contemporary competitiveness lies in the efficacy of supply chains (SCs) rather than individual companies. Moreover, the achievement of economic progress hinges significantly on how well these accomplishments align with sustainability demands and obstacles. This paper aims to investigate the extent to which GTL fosters GRHM practices to enhance the maturity of GSCM performance in the pharmaceutical industry in the KSA. In other words, the research goal is to explain the variance of GSCM due to GHRM and GTL. Drawing upon the Resource-Based View (RBV) and the Ability–Motivation–Opportunity theory (AMO), GTL can enhance many aspects of GHRM, such as employee performance measurement, training content design, recruitment criteria, and green-based rewards policies, which positively influence GSCM practices. The methodology employed is deductive and translated into a questionnaire derived from a comprehensive review of the existing literature. This questionnaire was subsequently tested through the collection of 111 responses from pharmaceutical companies operating in the KSA. The results show the critical effects of GTL and GHRM on GSCM in this sector. The research provides fresh theoretical perspectives and actionable recommendations based on the outcomes. As for originality, this research explores the contribution of transformational leadership and green human resource management in enhancing SC sustainability. The research provides directions for future research to investigate the mediating or moderating impacts of other significant factors, such as green thinking or eco-friendly behaviour, on SCM sustainability. As for practical implications, this research came up with an in-depth understanding of SC managers and professionals regarding their practices related to sustainability.

Assessing the Performance of Small-Scale Industries in the Tamale Metropolis in the Northern Region of Ghana

This study assessed the performance of small-scale industries (SSIs) in the Tamale Metropolis of the northern region. Simple random sampling technique was used to sample one hundred and sixty (160) respondents who were administered with questionnaires. Out of the 160 respondents, 154 of them responded to the questionnaire constituting a response rate of 96%. On the effects of insufficient finance on the performance of SSIs, most of the respondents used their own personal savings to set-up their industries with a few getting financial support from government agencies such as National Board for small scale industries (NBSSI), GRATIS Project, Technology Transfer Centre, and Ghana Enterprises Development Commission and banks. The results also revealed that lack of finance was the major constrain to the growth of SSIs. Again on the effect of managerial skills on the performance of SSIs, many of the respondents indicated that their industries are been managed by their own boss with employees as supporting staff and that cost of equipment/raw materials were the major obstacles that management team of SSIs face. In investigating the effects of inadequate equipment and technology of SSIs, most of the respondents indicated that they could not buy the required equipment and use ICT and advance technology in the operations of their firms. Only 20.8% of the respondents had access to technical support (training) and many of them too have not registered or acquired the appropriate license for their operations. The study recommended that government agencies like NBSSI, GRATIS Project, and Technology Transfer Centre should assist owners of SSIs to buy the required equipment to grow their firms. There should also be frequent technical support training programmes to help SSIs owners and encourage them to register and acquire the appropriate license for their operations.

How does COVID-19 affect employee innovation performance and environmental responsibility engagement in the banking sector? A moderated-mediated perspective

PurposeThe purpose of the article is to shed light on how COVID-19 affects employee involvement in environmental responsibility and innovative performance in the banking industry, and whether employee engagement mediates the relationship between the variables. Thus, this study tries to understand bank employees’ perspectives in relation to the variables.Design/methodology/approachThe study was collected during Time lag (1) and Time lag (2) from 156 to 216 bank employees, respectively. The study applied two types of analysis, to comprehend the impact of COVID-19 on employees, descriptive analysis and the partial least squares (PLS) are used.FindingsThe study's findings focused mainly on the influence of COVID-19 in Jordanian banks on employee innovative performance (EIP) due to pandemic, in addition to its effect on environmental responsibility engagement (ERE). The findings indicated a positive significant relationship between the variables. Meanwhile, employee engagement (EE) mediated the effect between the exogenous and endogenous variables.Originality/valueThe current research provide light on the value of employees' innovative performance and banks' commitment to environmental responsibility for those working in the banking industry, particularly during a pandemic. The findings have significant ramifications for the banking industry and in raising employee engagement.

EMPLOYEE TURNOVER AND THEIR IMPACT ON THE ORGANIZATIONAL PERFORMANCE OF THE HOSPITALITY INDUSTRIES OF NEPAL

Purpose: The main objective of this research is to determine the effect of employee turnover on the performance of the organization in the hospitality industry in Nepal. Research on employee turnover and performance in the hospitality industry has rarely been found in the Nepalese context. This research tries to explore the effect of employee turnover on the performance of organizations in Nepal. Methodology: This research uses descriptive and causal-comparative research design. Three independent variables i.e., psychological, demographic & economic factors, and one moderating variable i.e., employee turnover and organizational performance as dependent variables have been used for the study. Data were collected from the 150 respondents through the open-ended questionnaire. Descriptive and inferential statistics have been used to analyze the information. Findings and Conclusion: The study found that there is a positive and significant effect of psychological and demographic factors on the performance of the hospitality industries but economic factor has an insignificant negative effect on the performance of hospitality industries in Nepal. Practical and Social Implication of Research: The outcome of the research can apply to the Nepalese hospitality industry effectively. Improvement of the Psychological and social values of employees can reduce employee turnover and it will help to enhance the performance of the hospitality industry in Nepal. Originality Value: This research concluded that the author's words like; Economic Factors, demographic factors, and Psychological Factors have a significant positive relation although employee turnover, Hospitality Industries, and Performance have insignificant and negative relations with economic factors. The value of this research is to prepare the plan and policy for the hospitality industries in Nepal to maximize profit with the help of minimizing employee turnover. The study supports financial and economic stability in the organization.

ASSESSING THE EFFECT OF ORGANISATIONAL CHANGE ON PERFORMANCE (SIERRA LEONE COMMERCIAL BANK) (SLCB)

ASSESSING THE EFFECT OF ORGANISATIONAL CHANGE ON PERFORMANCE (SIERRA LEONE COMMERCIAL BANK) (SLCB)

E-HRM as a Mediator of the Relationship Between Work Competence and Work Motivation on Employee Performance

Employee performance has a very important role in determining the success of a company. When employee performance is at an optimal level, it can increase overall productivity, operational efficiency, and also the quality of goods and services offered by the company. This research aims to determine the role of e-HRM as a mediator in the relationship between competence and work motivation on employee performance in the garment industry in Central Java. The method applied in this research adopts a quantitative method with a qualitative approach to understand the behavioral and psychological aspects that influence employee performance. This research is cross-sectional. Data is collected through surveys via questionnaires which will be distributed to employees and literature studies. Samples were taken using the Accidental Sampling technique to obtain 50 samples. The data that has been collected is then analyzed using a regression test. The research results show that in the garment industry in Central Java, competency and work motivation have a positive and significant effect on employee performance. E-HRM is able to encourage employee performance through work competency and work motivation. E-HRM can help companies improve employee work competency by providing training and development that is relevant to job needs. E-HRM can also help companies increase employee motivation by providing programs that can meet employee needs.

Strategic Drivers of Food Industry Performance: Quantifying Impacts of Market, Sustainability Orientations and Dynamic Capabilities

Strategic Drivers of Food Industry Performance: Quantifying Impacts of Market, Sustainability Orientations and Dynamic Capabilities

The Structure-Conduct-Performance of Indonesian Coffee Processing Industry

Coffee industry in Indonesia in the short- and long terms has the potential to boost the country’s economy which can be seen in the form of structure, behavior, and performance. Market forces affect the market structure in an industry. The formation of the market structure affects a company’s behavior which further affects the performance of the company. The data used in this study is sourced from the Central Statistics Agency. The study measures the relationship of structure and other factors that affect the performance of the Indonesian coffee industry using a multiple regression model. Our findings show that the coffee processing industry in Indonesia has an oligopoly structure with a fairly high market barrier. The market behavior of the coffee processing industry is seen in terms of price strategy, products, and promotion. The performance of the coffee processing industry in Indonesia has an increasing trend every year. A positive trend results in good performance for the company so that it will increase the level of profit. Based on the regression results, the Minimum Cost Price which represents the performance of the Indonesian coffee processing industry is significantly influenced by the Efficiency Value. CR4 value and Labor Productivity have no real effect on the Minimum Price Cost. The pattern of the relationship between Efficiency and Labor Productivity to the Minimum Price Cost has a positive effect while CR4 has a negative effect. Keywords: structure, conduct, performance, coffee processing industry

Regulatory or market pressures: What promotes environmental grandstanding in Bangladesh?

Many factors affect the adoption of the mandatory technology of effluent treatment plants for pollution management in Bangladesh. Some of these factors could also affect the adoption of voluntary environmental standards. Therefore, it is important to identify and analyze the importance of these key factors, considering their role in enhancing environmental performance in crucial industries for the country's economy. In this study, a literature review preceded an analysis of factors through structural equation modelling to investigate how attributes of the regulatory agency combine with market aspects to influence environmental practices such as the adoption of mandatory ETP and voluntary certifications. Using official quarterly data, the results of this study show that access to green finance and the number of employees of the regulatory agency significantly affect the adoption of additional ETPs. On the other hand, the size of fines for pollution does not significantly affect the adoption of ETPs. It was also found that green finance and additional ETP adoption also increased the adoption of green factory buildings, which is a voluntary exercise. This study sheds light on the underlying relationships that can guide ongoing multilateral interventions to enhance capacity of regulatory agencies to implement environmental regulations. It also provides new evidence to formulate relevant strategies for enhancing environmental performance by scaling up green finance.

Artificial Intelligence, Big Data, and Cloud Infrastructures: Policy Recommendations for Enhancing Women's Participation in the Tech-Driven Economy

This study investigates the underrepresentation of women in Artificial Intelligence (AI), Big Data, and Cloud Infrastructures, exploring the barriers and challenges they face and assessing the effectiveness of current policies and initiatives to promote gender diversity within the tech industry. Employing quantitative research methods, the study used a survey distributed to 572 female professionals in tech-related roles across various industries, achieving a 67.9% response rate. Multiple regression analysis was utilized to test four main hypotheses concerning barriers to entry and advancement, the inclusivity of educational programs, the impact of diverse teams on innovation and performance, and the effectiveness of gender-inclusive policies. Key findings indicate that the type of organization and specific tech sectors significantly influence the barriers experienced by women. Notably, gender diversity within teams correlates strongly with improved innovation and performance. However, educational and training programs often fail to be sufficiently inclusive, underscoring the need for programs better tailored to women's needs in tech fields. Moreover, the study confirms that implementing gender-inclusive policies substantially increases women's participation in tech roles, especially when these policies are applied long-term. Based on the findings, recommendations are made for adopting comprehensive, inclusive practices at organizational and educational levels, promoting diversity in team composition and leadership, committing long-term to effective policy implementation, and developing supportive networks through mentorship and sponsorship programs. These measures are aimed at reducing gender disparities and enhancing the integration of women into the high-tech economy. The study underscores the critical role that strategic policy-making and organizational change play in fostering an inclusive tech environment that not only addresses gender disparities but also enhances overall industry innovation and performance.

Stability and economic performances in the banking industry: The case of China

We estimate stability performances in the Chinese banking industry over the 2007–2017 period using four risk indicators under nonparametric modelling. We are the first to calculate the risk indicator shadow prices, and we use a new way of studying the relationship between stability and economic performance. In particular, we reexamine stability performances when banks achieve their best economic performances. This questions the existence of stability rents, which form a prime reason for the banking authority to consider economic performance. Finally, we verify whether ownership has an impact on our results and investigate the role of the interest rate liberalization reforms.

Growing success with sustainability: The influence of green HRM, innovation, and competitive advantage on environmental performance in the manufacturing industry

President Xi set a long-term mitigation target of carbon neutrality by 2060 in September 2020 to cut carbon emissions and improve environmental performance. As a result, the current study aims to investigate how green human resource management and green innovation affect environmental performance in pursuit of the ultimate objective of carbon neutrality. Furthermore, the research considers the potential mediating effect of a green competitive advantage to clarify the mechanisms by which GHRM and green innovation impact environmental performance. Data from 278 employees in the manufacturing industry of Heilongjiang Province were collected through a questionnaire, for which we used a quantitative random sampling technique. The study employed the Smart PLS-4 structural equation modeling technique and revealed that all three factors significantly influenced environmental performance: green HRM, innovation, and competitive advantage. Resource-based view (RBV) theory served as the theoretical foundation for the study. The study uniquely contributes to the literature on GHRM, green innovation, competitive advantage, and environmental performance.