The Role of Financial Literacy in Resource Acquisition and Financial Performance; Moderating Role of Government Support

PurposeThe aim of this research is to understand how government incentives (financial and non-financial) influence the relationship between green innovation and Sustainable Development Goals (SDGs) in SMEs.Design/methodology/approachTo contribute to the literature, this research uses empirical evidence of 204 Pakistani small and medium-sized enterprises (SMEs) and tests the moderating role of government support between green innovation and SDGs.FindingsThe findings indicate that green innovation has a significant influence on SDGs, community development and environmental activities. The government support significantly strengthens the relationship between green innovation and environmental practices, while it does not moderate the path between green innovation and community development.Practical implicationsThe research recommends SMEs focus on the adoption of green innovation and green technology to protect the environment and facilitate the community. Moreover, the research advises the government to assist SMEs financially and nonfinancially, so they will in turn help in the attainment of SDGs.Originality/valueThis research is the first attempt to assess the importance of green innovation in SDGs with a moderating role of government incentives in emerging SMEs. It provides several useful implications for policymaking.

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Effects of corporate environmental responsibility on financial performance: The moderating role of government regulation and organizational slack

Journal of Cleaner Production ◽

10.1016/j.jclepro.2017.08.129 ◽

2017 ◽

Vol 166 ◽

pp. 1323-1334 ◽

Cited By ~ 52

Author(s):

Dayuan Li ◽

Cuicui Cao ◽

Lu Zhang ◽

Xiaohong Chen ◽

Shenggang Ren ◽

...

Keyword(s):

Financial Performance ◽

Government Regulation ◽

Environmental Responsibility ◽

Organizational Slack ◽

Corporate Environmental Responsibility ◽

Role Of Government ◽

Moderating Role

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The Conceptual Framework of SMEs Financial Success in Sultanate of Oman

Journal of Governance and Integrity ◽

10.15282/5307 ◽

2020 ◽

Vol 3 (2) ◽

Author(s):

Basat Hilal ◽

Noor Fareen Abdul Rahim ◽

Mohammad Iranmanesh

Keyword(s):

Financial Performance ◽

Financial Literacy ◽

Structural Equation ◽

Partial Least Square ◽

Least Square ◽

Government Support ◽

Sultanate Of Oman ◽

Financial Success ◽

Firm Resources

SMEs financial success contributes to the nation`s GDP and helps in jobs creation, while SMEs financial failure will lead to issues, such as low job creation and Non-Performing Loans. From the perspective of the Sultanate of Oman, the SMEs financial performance is one of the government major concerns due to its significance and implications on the future of the national economy. Thus, it is worthwhile to assess the SMEs financial literacy and entrepreneurs' competencies (EC) as enablers of SMEs financial performance betterment. However, review of the literature and the practical evidence available give the impression that each sub-dimensions of entrepreneur competencies (EC) does not affect identically on SMEs financial performance. Therefore, it has become important to understand the financial literacy and entrepreneur competencies (EC) sub-dimensions effect on SMEs financial performance so that their significance and importance can be identified. This study aims to provide empirical evidence about the effect of financial literacy and each sub-dimensions of entrepreneur competencies (EC) on SMEs financial performance in the Sultanate of Oman. Besides, this research tends to examine the role of firm resources availability and government support as moderators. Resource-Based View Theory (RBV) will be adopted to extend the existing literature on SMEs financial performance determinants from SMEs entrepreneurial perspective. As research novelty and theoretical contribution, this research study's the interactions of financial literacy and each sub-dimensions of entrepreneur competencies (EC) with firm resources availability and government support, as moderators. The convenience sampling method will be used with SMEs sample size of 200 and 300 questionnaires will be distributed to SMEs founders/owners in Sultanate of Oman. The structural equation modelling (SEM) through partial least square (PLS) approach will be used to test the study hypotheses. The present research findings are expected to broader the picture of entrepreneur competencies (EC) and SMEs performance researches by revealing the financial literacy and each sub-dimensions of entrepreneur competencies (EC) effect on SMEs financial performance. Further, it may confirm the moderating role of firm resources availability and government support on SMEs financial performance.

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The Conceptual Framework of SMEs Financial Success in Sultanate of Oman

Journal of Governance and Integrity ◽

10.15282/jgi.3.2.2020.5307 ◽

2020 ◽

Vol 3 (2) ◽

Author(s):

Basat Hilal ◽

Noor Fareen Abdul Rahim ◽

Mohammad Iranmanesh

Keyword(s):

Financial Performance ◽

Financial Literacy ◽

Structural Equation ◽

Partial Least Square ◽

Least Square ◽

Government Support ◽

Sultanate Of Oman ◽

Financial Success ◽

Firm Resources

SMEs financial success contributes to the nation`s GDP and helps in jobs creation, while SMEs financial failure will lead to issues, such as low job creation and Non-Performing Loans. From the perspective of the Sultanate of Oman, the SMEs financial performance is one of the government major concerns due to its significance and implications on the future of the national economy. Thus, it is worthwhile to assess the SMEs financial literacy and entrepreneurs' competencies (EC) as enablers of SMEs financial performance betterment. However, review of the literature and the practical evidence available give the impression that each sub-dimensions of entrepreneur competencies (EC) does not affect identically on SMEs financial performance. Therefore, it has become important to understand the financial literacy and entrepreneur competencies (EC) sub-dimensions effect on SMEs financial performance so that their significance and importance can be identified. This study aims to provide empirical evidence about the effect of financial literacy and each sub-dimensions of entrepreneur competencies (EC) on SMEs financial performance in the Sultanate of Oman. Besides, this research tends to examine the role of firm resources availability and government support as moderators. Resource-Based View Theory (RBV) will be adopted to extend the existing literature on SMEs financial performance determinants from SMEs entrepreneurial perspective. As research novelty and theoretical contribution, this research study's the interactions of financial literacy and each sub-dimensions of entrepreneur competencies (EC) with firm resources availability and government support, as moderators. The convenience sampling method will be used with SMEs sample size of 200 and 300 questionnaires will be distributed to SMEs founders/owners in Sultanate of Oman. The structural equation modelling (SEM) through partial least square (PLS) approach will be used to test the study hypotheses. The present research findings are expected to broader the picture of entrepreneur competencies (EC) and SMEs performance researches by revealing the financial literacy and each sub-dimensions of entrepreneur competencies (EC) effect on SMEs financial performance. Further, it may confirm the moderating role of firm resources availability and government support on SMEs financial performance.

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Effect of Employee Motivation on Employee Performance

Journal of Business and Social Review in Emerging Economies ◽

10.26710/jbsee.v3i1.182 ◽

2017 ◽

Vol 3 (1) ◽

pp. 85-100

Author(s):

Moeed Ahmad Sandhu ◽

Javed Iqbal ◽

Waris Ali ◽

Muhmmad Sajid Tufail

Keyword(s):

Entrepreneurial Orientation ◽

Government Support ◽

Role Of Government ◽

Support Policy ◽

And Performance ◽

Technology Orientation ◽

The Relationship ◽

Moderating Role ◽

Northeast Nigeria

Purpose: The study empirically analyzes the moderating role of government support policy on the relationship between entrepreneurial orientation, technology orientation and performance of small and medium enterprises (SMEs) in northeast Nigeria. Design/Methodology/Approach: The paper adopts quantitative survey method using structured questionnaires, data was collected from 240 SME owner-managers in northeast Nigeria. The data collected was analyzed using Partial Least Squares PLS-SEM. Findings: The findings of the study indicates a significant positive relationship between EO, TO and Performance of SMEs. Additionally, the outcomes of the study authenticate that government support policy moderates the relationship between EO, TO and performance of SMEs in Nigeria. Implications/Originality/Value: The study have practical implication for government, policy makers, regulators, SMEs owner-managers and other stakeholders to recognize government support as it affects SMEs performance. The study further add to the frontier of knowledge on the importance of GSPs in strengthen the relationship between the variables and SMEs performance. This is the first study that focuses on testing the moderating role of government support policy on the relationship between entrepreneurial orientation, technology orientation and SMEs performance in Nigeria.

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