Past research links organizational dehumanization (OD) to higher absenteeism and stronger intentions to quit. However, past researchers have noted that several employees cannot quit their jobs and continue to suffer. A literature review indicates that no studies have explored the effect of OD on employees’ engagement through negative rumination. In this study, we contend that such employees who continue to suffer but cannot quit are prone to deviance and disengagement from work. Using the data from an Indian academic sample, we study both the direct and indirect effects of OD on employee engagement. Specifically, the mediation effect of negative rumination and the moderating effect of psychological capital (PsyCap) are examined. Results found a significant negative impact of OD on employee engagement and a significant mediation effect of negative rumination. However, the moderation effects of PsyCap were not found to be significant, suggesting that personal resource reservoirs may not buffer the engagement costs of perceived OD in this context. Managers must arrange for proper counseling services for the employees.
This article investigates the factors that support fast-moving consumer goods (FMCG) companies’ resilience in Lebanon throughout a multifaceted crisis. This crisis includes the October 17, 2019 protests, the economic breakdown, the COVID-19 pandemic, as well as the famous Beirut explosion. Adopting an explanatory research design with a mixed-method approach, this study begins with a quantitative method. A survey has been administered to 200 FMCGs and analyzed through structural equation modeling (SEM). Then, a qualitative method follows with 20 semi-structured interviews conducted with senior managers working in successful FMCG companies that could overcome the multifaceted crisis in Lebanon. The results of the quantitative study showed a direct negative impact of the October protests, the economic recession, and the Beirut explosion on the financial performance of the FMCG companies. However, an indirect relationship is found between the COVID-19 pandemic and the FMCGs’ performance. This impact shows that the pandemic deepened the economic recession, which in turn disrupted these companies’ operations. The qualitative study resulted in six factors that are believed to reinforce companies’ resilience when facing crisis and uncertainty: the presence of a formal crisis management cell, investment in technology, employee motivation and retention practices, customer satisfaction, financial diversification, and investment in sustainability initiatives. This study adds to the literature on crisis management, especially in uncertain environments where institutional support is weak. It also concludes with implications for managers and policymakers, as well as acknowledges its limitations and opens doors for future research.
The Reserve Bank of India’s (RBI) announcement of its “Scheme for Trading and Settlement of Sovereign Green Bonds (SGrBs) in the International Financial Services Center (IFSC)” represented a seminal step toward integrating India’s green debt into global markets. The article presents the event study framework, which utilizes an average-return model, market model, and a risk-adjusted return model to quantify abnormal returns (ARs) on two benchmark SGrBs (maturing in 2028 and 2033) over a 21-day window. Our empirical analysis reveals a largely neutral to mildly negative cumulative abnormal return (CAR), with only one window exhibiting a statistically significant dip. These muted price movements indicate that, despite its structural promise, the IFSC scheme did not immediately affect investor valuation of these bonds. From the RBI’s perspective, this subdued market reaction underscores the importance of complementary measures, such as enhanced liquidity provision, greater transparency, and proactive investor outreach to translate policy intent into tangible pricing efficiency. Findings contribute to the green finance literature by illustrating how major regulatory reforms are absorbed in emerging bond markets and by delineating the critical role of market conditions and investor confidence in shaping short-term outcomes.
This study examines consumer intentions to download newly launched mobile applications through an extension of the Unified Theory of Acceptance and Use of Technology (UTAUT). Using a sample of US consumers ( n = 1,670), we incorporate psychological self-identity attributions and Regulatory Focus Orientation to explain how personal values and motivational states influence technology adoption. Applying partial least squares structural equation modeling, we find that self-efficacy, motivation to learn, and self-actualization affect app Download Intentions through UTAUT variables, with performance expectancy and social influence emerging as key predictors. Regulatory Focus is modeled as a moderator, showing nuanced differences in how promotion- and prevention-oriented users evaluate mobile apps. Product Conviction further moderates the strength of UTAUT effects on Download Intention. The model explains 46.4% of the variance in Download Intention. App developers should align app features with consumer expectations for self-improvement, as app acquisition is closely tied to consumers’ aspirations and perceived efficacy.
In alignment with social exchange theory (SET), the present research aims to explore the mediating effects of psychological empowerment (PE) and change-oriented organizational citizenship behavior (CO-OCB) on the relationship between inclusive leadership (IL) and pro-social rule breaking (PSRB). We collected data from 542 employees working in Fortune 500 information and technology (IT) companies in India through an online survey using pre-existing scales. We conducted data analyses using structural equation modeling (SEM). The findings confirmed the hypothesized positive association between IL and PSRB, mediated by PE and CO-OCB. This research provides valuable insights for the information and technology industry, emphasizing the role of IL in encouraging PSRB behavior, thereby shifting from destructive to constructive. The results can guide top management in fostering IL by creating a psychologically secure workplace where team members feel safe to voice their opinions without fear of negative repercussions. Furthermore, the study establishes that PE and CO-OCB significantly influence the relationship between IL and PSRB.
Many researchers have investigated and highlighted the characteristics of guilt-prone employees in terms of their responsibility and commitment toward their organization and its employees. Much research has also focused on how employees feel guilty when they neglect their personal commitments for the sake of their professional commitments. Although much is known about the dilemmas and dissonance faced by employees while striving to have work–life balance, one of the areas that is not much researched concerns exploring how guilt-prone employees, who generally experience excessive levels of guilt, manage their different commitments arising out of their professional and personal domains at the same time, both consisting of morally competing standards of behaviors. This research has been conducted to explore whether guilt-prone employees are inclined toward prioritizing any one domain of commitment over the other. It also explores guilt-prone employees’ coping strategies that they use to manage and reconcile conflicting behavioral standards. A total of 20 in-depth interviews were conducted in India to get insights into the same. It has been found that although guilt-prone employees do seem to have an inclination toward prioritizing their professional life, their priorities are situation-specific that support the individual’s views and notions of righteousness.
This study investigates herding behavior across various market conditions in the Nepalese stock market, illuminating the dynamic market atmosphere during uptrends and downtrends, as well as firm size. We analyze daily and monthly security prices, utilizing quantitative methods—cross-sectional standard deviation (CSSD) and cross-sectional absolute deviation (CSAD)—to assess herding behavior. Contrary to some established findings, evidence of herding is found during uptrends, while no such likelihood occurs in downtrends. Notably, both long-term and short-term herding tendencies are observed based on exclusively small-sized enterprises, revealing unique market psychology. The findings of this research are robust, even when separating the COVID-19 pandemic period observations. This research also demystifies the reasons behind herding behavior in specific market conditions in Nepal and offers practical insights for investors and regulators to mitigate the bias. Further studies could explore utilizing primary data to shed light on sustained herding mechanisms in small firms and consider sector-specific portfolios over extended periods for a deeper understanding of these market dynamics.
This article aims to determine the impact of environmental, social, and governance (ESG) performance on global investors. Moreover, the study uses market capitalization (proxy of firm size) as a moderator, where the effect of firm size on the relationship between ESG and global investors is assessed. This study measures linear and non-linear associations among the variables. Employing quantile regression for the 25th, 50th, and 75th quantiles, panel data regression analysis (QPDRA) is applied to examine the association between ESG score and global investors. For the study, data of 316 Bombay Stock Exchange (BSE) Standard & Poor’s (S&P) 500 listed non-financial enterprises in India during 12 years (2011–2023) are combined. The study found that ESG has positive and linear effects on global investors at low and moderate levels, whereas ESG has a negative non-linear association (forming an inverted U-shaped curve) with global investors as well. Furthermore, market capitalization also influences the relationship between ESG and global investors at low quantiles. This study’s findings help managers to consider firm size and ESG factors while attracting international investors to the business. The results also provide information on the potential future growth of corporations to the board of directors and other authorities. International shareholders’ activity and ownership diversification in small and large companies can improve sustainability disclosure standards. We do not observe any article reporting the linear and non-linear relationship where ESG, global investors, and market capitalization are assessed on Indian firms. The research’s conclusions can guide Indian businesses, outlining a workable structure for highlighting the value of ESG disclosure in investment aspects. Therefore, the current article ensures novelty and multiple contributions.
In the recent past, there has been a shift in the growth of sports leagues across the country, with the Indian Premier League (IPL) acting as a steer. Football, hockey, tennis, and many other sports have adopted the IPL format after the IPL was launched, as players get a platform and fans get a way to enjoy their favorite game in a new format. The development of many different sports leagues and the constant holding of significant sports events have led to the formation of a vibrant market that holds numerous opportunities for marketers. Sponsorship has emerged as the major marketing channel through which such brands can get visibility and engage fans in such leagues. This article aims to examine the performance of sponsorship within the IPL through the use of data envelopment analysis (DEA). This study is being done at the DEA and unveils marketing scholars and practitioners with sponsorship performance assessment and sponsorship decision-making so that marketers can employ the results of the DEA. This analysis could help marketers achieve the highest return on investment (ROI) by knowing which sponsorship opportunities in the IPL, and conceivably other Indian sports leagues, are feasible. This approach not only gives the tactical foundation for decision-making but also brings out the increasing importance of the analytical function in framing the marketing strategies, especially in the booming sector of sports leagues in India.
Unethical pro-organizational behavior (UPB), a phenomenon that has emerged through corporate misconduct worldwide, stands as a challenge to organizational and societal sustainability. Despite its impact, the influence of gender on UPB and other related psychological variables remains underexplored. This study tries to understand the role of gender, particularly on how UPB, often related to masculine traits, is affected by psychological ownership and psychological contract (relational). Given the predominantly patriarchal society of India, this study gains relevance as ethical decision-making might be affected by traditional gender roles, where nurturance, frequently associated with women, might have a say. A sample of 300 employees working as sales executives, team leads, and managers from various Ed-tech institutes in India were selected and employed the UPB scale, psychological contract scale, and psychological ownership scale. The data were then subjected to correlation, regression, t -test, and moderation using SPSS-24 and Hayes Process Macro. Results revealed a significant association between UPB, psychological ownership, and psychological contract, where the latter two significantly predicted UPB. A significant gender difference was found among all three variables, where the relationship between psychological ownership and UPB was significantly higher among males. These findings are then explained using various theoretical and historical antecedents and ultimately shedding light on what needs to be done for its alleviation.
Nonviolent workplace behavior has garnered the attention of management scholars and practitioners, but only a handful of studies have probed the antecedent and various factors associated with nonviolent workplace behavior. We use Lazarus and Folkman’s Transactional Stress Model to investigate the relationship between psychological capital (PC) and nonviolent workplace behavior. Subsequently, this study also examines how childhood abuse and resistance to self-compassion moderate this relationship. We employ ordinary least square (OLS)-based analysis on a sample of 262 Indian employees across various sectors to test our proposed hypotheses. Our empirical findings suggest that PC consistently and positively impacts nonviolent workplace behavior. Additionally, we also note that childhood abuse experiences and fear of self-compassion moderate the relationship between nonviolent workplace behavior and PC. Our study highlights the importance of addressing early life experiences and offering professional counseling for employees with abusive backgrounds.
This study filled a gap in the literature by examining whether and how “systems thinking”, a theoretical lens advocated by the World Business Council for Sustainable Development Vision 2050, can be implemented to realize Sustainable Development Goals (SDGs) within the context of China. The study first explained the concept of systems thinking, then provided a review of China’s Ecological Civilization movement and the three pillars of traditional Chinese culture, namely, Daoism, Buddhism, and Confucianism. The research aimed to investigate the extent to which holistic Chinese cultural thinking is applied to drive sustainable business practices in China. We drew empirical insights from multiple perspectives and 74 key informant interviews, ranging from Chinese government officials and practitioners to university academics. Using Foucault’s episteme to examine the possibility of a transition to systems thinking, our key findings reveal that the Chinese micro-economy and firm-level operations, whilst being aware of the importance of environmental issues from top–down, still focus on economic values in the short run. However, as an episteme change is recognized over time, it is likely that the gap between vision and practice will be narrowed down, and a sustainable China just might prevail.
This study aims to understand the impact of two non-cognitive traits, propensity to plan (PPN) and grit, on subjective financial well-being (FWB) and financial behavior. It adopts the systems approach to family resource management as its theoretical foundation, where the PPN and grit [consistency of interest (CONI) and perseverance (PR)] serve as inputs, short-term financial behavior (STFB) and long-term financial behavior (LTFB) function as throughputs, and subjective FWB as the output. Using a cross-sectional design, data were collected via a self-administered structured questionnaire from 200 faculty and researchers at selected higher education institutions in Kerala, India. The data were analyzed using structural equation modeling (SEM). The findings indicate that CONI, STFB, and LTFB have positive direct effects on subjective FWB. Additionally, the indirect effects of PPN and PR on subjective FWB are mediated by LTFBs, such as savings and retirement planning. The study contributes to the literature on FWB by exploring the role of two non-cognitive traits, PPN and grit, in influencing subjective FWB, while highlighting the mediating role of financial behaviors. The findings offer implications for policymakers and higher education institutions to design tailored interventions that help this group effectively plan and achieve financial goals.
The growth of Vietnam’s fast-food market is being spurred by the economy, urban migration, and young consumers. The increase in competitiveness makes it vital for companies to grasp the factors behind customer retention. Previous studies have focused on the service quality (SQ), pricing, and the overall ambiance of the restaurant, but brand equity in Vietnam’s unique market is still a gap that needs to be further investigated. This research fills that gap by looking into the relationships between brand equity, perceived SQ, pricing, and the level of customer satisfaction. We approached 324 respondents to understand the perspective of consumers better using the partial least squares structural equation modeling (PLS-SEM) model. According to our results, while SQ and an appropriate and clean environment promote satisfaction, reasonable prices are the most important consideration among other factors. Furthermore, brand image strengthens and enhances the effectiveness of all these factors. This study offers fast-food companies in Vietnam major insights on effective brand-building and customer loyalty strategies. By offering good-quality food in a decent setting and at reasonable prices, brands can establish a good rapport with their customers, thereby ensuring sustainability. As this market becomes more competitive, brands that ply these tricks will certainly gain an edge.
Foreign direct investment (FDI) is of vital importance for such developing countries as Myanmar. It brings such main important instruments as capital (foreign capital inflows), exports and trade, and new technology to the host countries. Thus, Myanmar is committed to encouraging FDI to strengthen its economy. This study’s goal is to determine the sectoral FDI that has an influence on Myanmar’s economy. The time frame for the study is from 1990 to 2020. The random effect model was employed to discover which and how FDI sectors influence on the economic growth in this study. Two-stage least squares estimator was employed to solve the endogeneity problem. There is no endogeneity problem in this study. According to the results, the explanatory variables statistically significantly and positively influence on the growth. Thus, all FDI sectors have the positive impacts on the economy. Among them, the coefficient value of the FDI secondary sector is the highest. Hence, manufacturing sector, power sector, and construction sector support economic development of Myanmar. Therefore, the government should attract more FDI into the manufacturing sector, as this can lead to the higher productivity and then to more exports, which can earn much more foreign currencies and strengthen the economy in Myanmar.
High-performance work systems (HPWS) are critical for fostering an effective and efficient environment for superior organizational outcomes. HPWS have been positively linked with various outcomes like employee engagement, productivity, organizational performance, job satisfaction, and employee commitment. However, past literature has scant research on mediators that link HPWS with its outcomes. Therefore, this article investigates how HPWS impacts the affective commitment (AC) of employees. By utilizing social exchange theory (SET), we propose that HPWS positively impacts AC through the mediating role of job embeddedness (JE). Further, drawing from organizational support theory, it is also postulated that the relationship between HPWS and AC is mediated by perceived organizational support (POS). We surveyed 332 full-time employees. The analysis utilized structural equation modeling. The findings state that JE and POS mediate the impact of HPWS on employees’ AC. The contribution of the study lies in explaining the mechanisms through which HPWS leads to AC among employees. The study gives organizations the valuable knowledge that HPWS is a widely used framework, and organizations should concentrate on its successful implementation. The study offers managers valuable insights into the significance of effectively adopting HPWS.
While prior studies have extensively examined drivers and antecedents of social media brand engagement, they have largely overlooked the role of moderating factors that could strengthen the relationship. The study examined the interactive effect of utilitarian and hedonic perceived usefulness on the relationship between the antecedents of consumer brand engagement (CBE) (consumer involvement, participation, and brand interactivity) and consumer social media brand engagement (CSMBE). Online data from 535 respondents (mean age = 39, STD = 12.079) were analyzed using Statistical Package for the Social Sciences (SPSS) 29. The result shows that utilitarian benefits have insignificant interactive effects on the relationships between consumer involvement, participation, brand interactivity, and social media brand engagement. Hedonic benefits significantly moderate the relationships between consumer involvement, participation, brand interactivity, and consumer social media engagement. The study differs significantly from past research by shifting the focus from merely identifying the antecedents of CSMBE to investigating how utilitarian and hedonic perceived usefulness moderate the relationship between these antecedents and CBE.
The fitness sector is experiencing a swift digital shift, leading fitness businesses to emphasize customer loyalty. This research examined the impact of digital transformation on customer loyalty in fitness services and the mediating influence of customer experience on this relationship. Based on the Stimulus-Organism-Response framework and Trust-Commitment theory, the hypotheses were evaluated based on data from 312 fitness service users in Vietnam. Analysis using structural equation modeling indicated that capabilities in digital transformation and perceptions of quality, mediated by trust and commitment to the relationship, positively affect customer loyalty. The outcomes provide a clearer understanding of how digital activities, serving as stimuli, impact customer loyalty by shaping customer experience, which is facilitated by trust and commitment. The results pointed out the significance of fitness providers embracing a customer-focused digital transformation strategy, emphasizing actions that cultivate trust and encourage dedication to promote lasting customer loyalty. Fitness providers must enhance long-term relationships by increasing customer trust and commitment.
Extant literature delved deeply into the influence of financial variables on firm systematic risk across industries. China’s internet industry is pivotal in attracting huge investment inflow which is essential and enhancer for the country’s economic growth. The internet industry received several attention in research but the stock price variability of these firms, vis-à-vis the overall exchange, has not received the needed attention in previous studies. It is therefore timely to learn the applicability of the empirical financial variables to assessing the systematic risk of the internet industry to aid investment decisions. This study aims to ascertain the link between financial metrics and systematic risk of listed internet companies on China’s Shanghai stock market. The current study drew data on 185 Chinese listed internet companies on the Chinese A-share market from the Bloomberg database. The results, based on Pearson correlation analysis and stepwise multiple linear regression, growth rate, market value of equity, and return-on-assets, show a significant correlation with beta. The three variables collectively predicted 17.3% volatility in beta. This study adds on to previous studies on the relationship between financial information and systematic risk of various industries in the global investment environment. Also, the result provides constructive insight to prospective Chinese investors in the internet industry with fast growth in revenue, large firm size, and a high return-on-assets; and with the propensity of larger unpredictability on realized yield.
