Effect of financial knowledge on performance of women farm enterprises in Kenya

2019 ◽  
Vol 9 (3) ◽  
pp. 294-311 ◽  
Author(s):  
Josephine Cherotich ◽  
Oscar Ingasia Ayuya ◽  
Kenneth W. Sibiko
Keyword(s):  
Selection Bias ◽  
Positive Impact ◽  
Policy Implications ◽  
Women Farmers ◽  
Financial Knowledge ◽  
Primary Data ◽  
Content Type ◽  
Major Factors ◽  
The Impact ◽  
Unobservable Factors

PurposeFinancial knowledge (FK) is considered one of the major factors influencing performance of farm enterprises. The purpose of this paper is to examine the effect of FK on performance of women farm enterprises. Performance is measured using levels of savings and enterprise margins.Design/methodology/approachThe study uses primary data of 384 farmers from three sub-counties in Kericho County, Kenya. It employs a propensity score matching (PSM) approach to control for possible selection bias and to model the impact of FK on performance of women farm enterprises.FindingsThe analysis reveals that high FK has a significant positive impact on performance of women farm enterprises. Specifically, respondents with higher levels of FK were also associated with higher amounts of savings and enterprise margins.Research limitations/implicationsEconometrically, robust strategies were employed using PSM to ensure minimal estimation bias. Although PSM captures selection bias due to observable characteristics, it fails to capture selection bias due to unobservable factors.Originality/valueThe paper contributes to the growing debate on the role played by FK on performance of small and micro enterprises. It provides insights on the state of FK among women farmers and identifies knowledge gaps and policy implications from a developing country perspective.

IMPACT OF DEVELOPMENT EXCHANGE CENTRE (DEC) MICROCREDIT PROGRAMME ON CROP OUTPUT AND STANDARD OF LIVING AMONG WOMEN FARMERS IN KADUNA STATE, NIGERIA

2021 ◽  
Vol 5 (1) ◽  
pp. 65-75
Author(s):  
B. D. Adamu ◽  
H. Y. Michael
Keyword(s):  
Interest Rates ◽  
Positive Impact ◽  
Women Farmers ◽  
Standard Of Living ◽  
Farm Size ◽  
Primary Data ◽  
Living Standard ◽  
Farming Communities ◽  
Multi Stage ◽  
The Impact

This study examined the impact of Development Exchange Centre microcredit programme on crops output and standard of living among women farmers in Kaduna State, Nigeria. A multi-stage sampling method was employed to select 420 respondents. Primary data were collected through the use of questionnaires and were subjected to both descriptive and inferential statistics. The mean farming experience was 22 years for DEC participants and 19 years for non-DEC participants while mean farm size for participants and non-DEC participants was 2.0 ha. Determinant of standard of living on programme participants, the study concludes that, age (0.0405, P<0.01), farm size (47.510, P<0.01), education, credit (0.6031, P< 0.01) and extension contact (0.002, P< 0.01), had direct relationship with the standard of living of programme  participants, This implies DEC, increase the standard of living of  programme participants in Kaduna State. Determinant of crops output of programme participants shows that, farm size (0.046, P<0.01), credit (0.821, P< 0.01), extension contact (0.0542, P< 0.05). F-chow statistics shows that DEC microcredit had positive impact on crops output of programme participants. Z – statistics also indicated positive impact on living standard of the participants. It was recommended that, DEC microcredit organization should increase the amount of loan disbursement to N100, 000, so as to increase participation; extend the repayment period, lowered interest rates and extend the programme to other farming communities in Kaduna State, there by improving the standard of living of women farmers in the state

Sustainability and competitive advantage from a developing economy

2016 ◽  
Vol 7 (1) ◽  
pp. 110-125 ◽  
Author(s):  
Amoako Kwarteng ◽  
Samuel Ato Dadzie ◽  
Samuel Famiyeh
Keyword(s):  
Competitive Advantage ◽  
Corporate Performance ◽  
Positive Impact ◽  
Manufacturing Firms ◽  
Corporate Image ◽  
Partial Least Square ◽  
Policy Implications ◽  
Bottom Line ◽  
Content Type ◽  
The Impact

Purpose The purpose of this study is to empirically examine the impact of sustainability as measured by the triple bottom line constructs on the competitive advantage of manufacturing firms in Ghana. Design/methodology/approach To understand the impact of sustainability on competitive advantage, a survey was conducted where managers were asked about their engagement in the sustainability issues and how it affects their competitive advantage. The study uses the structural equation modelling (SEM) and, in particular, the partial least square (PLS) approaches to SEM. Findings The results of this study indicate that economic and social have a positive impact on the corporate image but not the environment. In addition, corporate image and social have positive impact on corporate performance, whilst economic and environment seem not to have any impact on corporate performance. Research limitations/implications The study is limited to only manufacturing firms operating in the Ghanaian environment. It is important, therefore, for firms in Ghana to invest in social sustainability initiatives, as it will ultimately affect their bottom line performance. This study provides policy implications to Ghana and other developing countries to implement the necessary policies and provide incentives to improve environmental awareness. Originality/value There have been just a few studies that tried to find out the impact of sustainability constructs and performance and how corporate image mediates this relationship.

Exploring factors influencing online classes due to social distancing in COVID-19 pandemic: a business students perspective

2020 ◽  
Vol 37 (4) ◽  
pp. 197-211 ◽  
Author(s):  
Adil Zia
Keyword(s):  
Business School ◽  
Negative Impact ◽  
Positive Impact ◽  
Business Students ◽  
Primary Data ◽  
Online Classes ◽  
Content Type ◽  
Social Distancing ◽  
The Impact ◽  
And Training

PurposeThis study explores the factors responsible for influencing online classes for business school during the COVID-19 pandemic. This study also examines the level of influence of these factors on online classes.Design/methodology/approachPrimary data were collected online from 716 business school students using a questionnaire developed by the researcher. Smart PLS3 software was used to analyze the data.FindingsAttitude, curriculum, motivation, technology and training were found to have an impact on online classes. Three variables (attitude, motivation and training) have a positive impact on online classes, whereas two variables (curriculum and technology) have a negative impact on the online classes. All the factors have been found to be significant except technology which is found to have an insignificant impact (p = 0.356) on online classes.Research limitations/implicationsOnly one university’s students were surveyed.Practical implicationsOutlines the factors which have a positive and significant impact on online classes during COVID-19 pandemic. This study can be generalized through a student's community across the world as the students face similar problems associated with online classes during the COVID-19 pandemic.Social implicationsSuggest factors that can be considered while COVID-19 pandemic during social distancing to make online classes more effective and to reduce the impact of this pandemic.Originality/valueNo study has documented the factors associated to impact the online classes during the COVID-19 pandemic.

The impact of cooperative participation on income: the case of vegetable production in Vietnam

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Giang Thi Huong Tran ◽  
Teruaki Nanseki ◽  
Yosuke Chomei ◽  
Ly Thi Nguyen
Keyword(s):  
Selection Bias ◽  
Household Head ◽  
Primary Data ◽  
Agricultural Cooperatives ◽  
Vegetable Production ◽  
Service Access ◽  
Content Type ◽  
Positive Effects ◽  
Vegetable Farmers ◽  
The Impact

PurposeThe demand for clean vegetables has rapidly increased, many farmers gradually turn to vegetable cultivation to increase income; therefore, agricultural cooperative mobilized farmers group to facilitate them access to technical training and enhance compliance with the Vietnamese Good Agricultural Practices (VietGAP) standards. The purpose of this paper is to evaluate the impacts of the participation on farmer’s income as well as the major factors that affect the participation in cooperatives by the vegetable farmers in Vietnam.Design/methodology/approachThe study used primary data collected from vegetable farmers in Vietnam. This study utilized propensity score matching to avoid initial selection bias. The differences between participants and nonparticipants will be adjusted by matching each membership individual to a nonmember based on similar observable characteristics by summarizing the conditional probability of a member given pretreatment characteristics.FindingsThis study demonstrates that participation in cooperatives is significantly affected by ethnicity, age of household head, labor involving vegetable production and extension service access. The results of this study also confirm that agricultural cooperatives have positive effects on member farmers to enhance income and that participants – on average – have a higher income than nonparticipants.Research limitations/implicationsThe method cannot rule out the possibility of selection bias due to unobserved differences between participants and even an appropriate comparison group.Originality/valueThis study contributes to an improved understanding about impacts of cooperatives on farmers’ income in developing and emerging economies. Moreover, research also upgrades knowledge regarding the effectiveness of agricultural cooperatives in Vietnam, as well as guides policymakers in supporting the cooperatives in expanding the market and other necessary changes.

The impact of post-trade transparency on price efficiency and price discovery

2019 ◽  
Vol 45 (8) ◽  
pp. 1062-1075
Author(s):  
Chiou-Fa Lin ◽  
Cheng-Huei Chiao ◽  
Bin Wang
Keyword(s):  
Private Information ◽  
Stock Prices ◽  
Small Firms ◽  
Price Discovery ◽  
Positive Impact ◽  
Large Body ◽  
Policy Implications ◽  
Price Efficiency ◽  
Content Type ◽  
The Impact

Purpose The purpose of this paper is to examine the impact of post-trade transparency on price efficiency and price discovery. Design/methodology/approach The authors use an exogeneous change in market transparency in the Taiwan Stock Exchange that mandates the disclosure of unexecuted orders of the five best bid and ask prices after each trade, and conduct an event study analysis. Findings After the change, price efficiency enhances for both large and small firms, although the impact on stock prices is greater when the firm is larger. The authors also find that post-change trading reveals more private information for large firms but more public information for small firms. The findings support the view that transparency has a positive impact on market quality. Originality/value The paper adds to a large body of literature investigating the relationship between transparency and market behavior, especially the ongoing debate about whether trading transparency positively affects price dynamics. The findings also have important policy implications for the regulators.

To list or not to list, that is the question: new evidence from the performance of Vietnamese commercial banks

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Tuan Quoc Le ◽  
Ha Ngan Duong ◽  
Phuong Thanh Nguyen
Keyword(s):  
Initial Public Offering ◽  
Financial Institutions ◽  
Commercial Banks ◽  
Positive Impact ◽  
Policy Implications ◽  
Bank Performance ◽  
Data Set ◽  
Going Public ◽  
Content Type ◽  
The Impact

Purpose This paper aims to investigate the decisions of listing for Vietnamese banks and the impact of listing on bank performance. Design/methodology/approach A longitudinal data set of 30 commercial banks in the period of 2006–2018 with various univariate and multivariate tests is used. Findings This study found that listing is positively associated with bank profitability. The results are consistent even after the control for potential endogeneity problems by propensity score matching methodology and Heckman selection bias models. Further analysis suggests some new alternative channels for the positive impact, namely, the increased quality of information disclosure, technological development and income diversification of commercial banks after listing. Practical implications Hence, this paper provides recommendations and policy implications for regulatory bodies regarding the listing of commercial banks in Vietnam. Originality/value The contributions to the literature are three-folds. First, this study contributes to a strand of literature on the impact of going public [initial public offering (IPO)/listing] of financial institutions on their performance. While the literature on non-financial firm performance post-going public is ample, few have directly considered the IPO/listing of banks and other financial institutions. Second, in further looking at the impact of listing on bank performance, this study also sheds some light on the new possible channels of the effect and provides evidence of new channels. Then, last but not least, the case of Vietnam could possibly yield interesting results for a transitory stock market. From the evidence, the recommendations and policy implications for a listing of Vietnamese banks are provided.

Basic research public procurement: the impact on supplier companies

2019 ◽  
Vol 19 (3) ◽  
pp. 224-251 ◽  
Author(s):  
Martina Dal Molin ◽  
Ezio Previtali
Keyword(s):  
Empirical Evidence ◽  
Social Impact ◽  
Positive Impact ◽  
Single Case ◽  
Public Procurement ◽  
Case Study Research ◽  
Basic Research ◽  
Policy Implications ◽  
Content Type ◽  
The Impact

Purpose The purpose of this paper is to estimate and assess the impact of public procurement activities of an Italian basic research center (the National Institute for Nuclear Physics [INFN]) on supplier companies. Design/methodology/approach Starting from the exploratory nature of this research, a single case study research strategy has been applied. The impact of basic research public procurement has been estimated using survey data on 168 INFN supplier companies. Supplier companies have been surveyed on six different categories of company outcomes, namely, sales volume, learning and innovation, relationship with the market, alliances and network and social impact. Findings Results of the analysis reported that the activity of INFN public procurement generates a positive impact on supplier companies on different dimensions, especially related to learning and innovative outcome and economic impact and market penetration outcome. Social implications Policy implications can be derived from the current study. In particular, to support the policymakers in the effort of assessing the impact of basic research public procurement, this study, first highlights the impact dimensions on supplier companies, and second, it provides empirical evidence of public procurement as a viable tool to foster companies’ innovation. Originality/value This research explores a relevant but understudied topic that has recently attracted the attention of policymakers. In fact, although public procurement have been recognized as a tool to foster companies’ innovation, empirical evidence is still scant, particularly in the case of basic research.

Can policy makers count with positive impact of entrepreneurship on economic development of the Czech regions?

2017 ◽  
Vol 9 (3) ◽  
pp. 286-299 ◽  
Author(s):  
Ondřej Dvouletý
Keyword(s):  
Economic Development ◽  
Fixed Effects ◽  
Positive Impact ◽  
Negative Relationship ◽  
Policy Implications ◽  
Entrepreneurial Activity ◽  
Gdp Per Capita ◽  
Content Type ◽  
Per Capita ◽  
The Impact

Purpose The purpose of the present study is to empirically investigate the impact of the newly established entrepreneurial activity on economic development of the Czech NUTS 3 regions during the period of years 2003-2015. Design/methodology/approach An econometric approach was used to validate the stated hypotheses assuming a positive relationship between the new entrepreneurial activity and regional economic growth and a negative relationship between the new entrepreneurial activity and unemployment rate. For the methods, regression models with fixed effects were estimated on the panel that included 13 Czech regions, covering the period of years 2003-2015. The new entrepreneurial activity was classified into two forms – rate of newly established self-employed set-ups per capita and rate of newly established business companies and partnership set-ups per capita. Findings Different impacts of newly established business companies and the self-employed were found on real gross domestic product (GDP) per capita. Only the higher rates of newly established business companies and partnership were associated with higher levels of GDP per capita in the Czech regions, and no impact was found for the rate of new self-employed set-ups. Nevertheless, both forms of newly established entrepreneurial activity were associated with lower unemployment rates in the Czech regions; however, the impact of newly established business companies was significantly higher. The obtained results have several policy implications, which are discussed in the present paper. Practical implications Support of entrepreneurship in the Czech regions may improve the situation on the local labour markets and may deliver new job opportunities through the newly established enterprises. The Czech entrepreneurship policies focused on the growth of GDP and economic boom should be oriented more on the support of high-growth enterprises (unicorns). Originality/value The empirical analysis was conducted on the basis of the research gap in the studies related to the impact of the newly established entrepreneurial activity on the economic development of the Czech regions. Obtained results have several policy implications, which are discussed in the present paper.

scholarly journals The Impact of Transformational Leadership Style and Employee Creativity on Organizational Innovation in Universities During the Covid-19 Pandemic

2022 ◽  
Vol 10 (1) ◽  
pp. 36-53
Author(s):  
Xuan Thi Ngo ◽  
Hoang Anh Le ◽  
Thanh Kim Doan
Keyword(s):  
Transformational Leadership ◽  
Leadership Style ◽  
Organizational Innovation ◽  
Positive Impact ◽  
Bayesian Regression ◽  
Policy Implications ◽  
Primary Data ◽  
Employee Creativity ◽  
Transformational Leadership Style ◽  
The Impact

Organizational innovation is one of the important issues for organizations in every country to adapt to changing operating environments, scientific and technological progress, and crisis issues. This study aims to evaluate the impact of transformational leadership style and employee creativity on organizational innovation in universities in Vietnam. We employed Bayesian exploratory factor analysis and Bayesian regression analysis with primary data of leader–employee pairs to explore the abovementioned effects. The findings show that the components of transformational leadership style, including idealized influence (II), inspirational motivation (IM), intellectual stimulation (IS), and individual consideration (IC), have positive impacts on organizational innovation (OI) and employee creativity (EC). The findings also imply that employee creativity (EC) is a mediating factor in the impact of transformational leadership style (TLS) on organizational innovation (OI). Finally, increasing intrinsic motivation (INM) can increase the positive impact of transformational leadership style (TLS) on employee creativity (EC). Based on the results, we propose policy implications to promote organizational innovation in Vietnamese universities in the context of the COVID-19 pandemic.

scholarly journals Role of Islamic microfinance in women’s empowerment: evidence from rural development scheme of Islami bank Bangladesh limited

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Md. Saiful Islam
Keyword(s):  
Rural Women ◽  
Positive Impact ◽  
Sampling Technique ◽  
Women's Empowerment ◽  
Three Dimensions ◽  
Women’S Empowerment ◽  
Primary Data ◽  
Content Type ◽  
Islamic Microfinance ◽  
The Impact

Purpose The purpose of this study is to investigate the impact of Islamic microfinance services (IMFS) on women’s empowerment in rural Bangladesh. Design/methodology/approach The study is based on a multi-stage sampling technique. The primary data are collected through a face-to-face survey of 389 women respondents who have received IMFS from the Islami Bank Bangladesh Limited. Cronbach’s alpha test is conducted to test the reliability and internal consistency of collected data. Paired-sample tests, logit regression and proportion hypothesis tests are conducted to measure the impact of IMFS on women’s empowerment. Descriptive and inferential statistics are used to interpret the data. Findings The study reveals that IMFS have led to structural transformation in the occupation dynamics of the respondents’ families from agriculture to retail businesses. IMFS have had a significant positive impact on household income, savings and expenditure; have improved standard of living and human capital formation; and have enhanced all three dimensions of empowerment, namely, economic empowerment, socio-cultural empowerment (SCEM) and familial empowerment (FLEM). Of them, economic and SCEM have positively contributed toward overall women’s empowerment, while FLEM has a negative but insignificant impact on overall empowerment. The respondents’ perception also supports the finding that IMFS have benefited rural women and empowered them. Originality/value The study is based on primary data. It leads to an inquiry as to whether women are dominant in familial affairs. If so, it may reduce the state of happiness and overall women’s empowerment. There is a clear gap in the existing literature about this inquiry.

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