The Role of Financial Performance in Motivating Polish Municipal Employees

2017 ◽  
Vol 39 (1) ◽  
pp. 75-105 ◽  
Author(s):  
Palina Prysmakova ◽  
Michele Tantardini ◽  
Tomasz Potkański
Keyword(s):  
Financial Performance ◽  
Negative Relationship ◽  
Work Conditions ◽  
Work Attitudes ◽  
Financial Indicators ◽  
Individual Level ◽  
Municipal Employees ◽  
The Impact ◽  
The Relationship

This article explores the relationship between employees’ public service motivation (PSM) and public administrations’ financial performance from the perspective of human resource management (HRM). The purpose of this article is twofold: first, we seek to understand the relationship between organizational financial performance and individual-level PSM by focusing on how financial performance is associated with PSM. Second, while acknowledging previous findings on the impact of employees’ work attitudes on performance, we explore the possibility of an opposite causality. After assessing several theoretical and empirical propositions that support an additional direction of causality, we use a sample of municipal employees from Poland to test how financial performance affects individual PSM. By analyzing five financial indicators, we find that financial performance might predict individuals’ PSM. We also propose that a negative relationship occurs when organizations achieve financial goals through HRM practices that negatively affect employees, such as worsening of work conditions, increased workload, and inadequate remuneration.

Corporate social responsibility and institutional investors: the intervening effect of financial performance

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Shafat Maqbool ◽  
Nasir Zamir
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Performance ◽  
Institutional Investors ◽  
Decision Process ◽  
Content Type ◽  
Corporate Social ◽  
The Impact ◽  
The Relationship

PurposeThe research on the role of corporate social responsibility in investors' decision process has proliferated over the past few decades. This paper aims to explore the mediating role of financial performance in the relationship between corporate social responsibility and institutional investors.Design/methodology/approachPanel regression was performed on a sample of 29 commercial banks nine years from 2009 to 2017.FindingsThe initial findings of the study show that that corporate social responsibility has a positive and significant impact on institutional investors. However, when the interaction term (financial performance) was incorporated, the relationship between CSR and institutional turns out to be neutral. The study concludes that financial performance plays a pivotal role in the selection of investment avenues.Originality/valueIn Indian context, there is a dearth of research work which studies the impact of sustainable practices on investors' decision process. This topic has received wider attention but lacks insights from developing countries, like India. This article presents a new approach to verify the relationship through the mediating variable (financial performance).

Debt Financing and Agency Cost on Profitability: Are Real Estate Firms’ Performance in India Getting Affected?

2021 ◽  
Vol 17 (1-2) ◽  
pp. 43-56
Author(s):  
Pradip Kumar Mitra ◽  
Omkar Naik
Keyword(s):  
Real Estate ◽  
Phase I ◽  
Financial Performance ◽  
Phase Ii ◽  
Negative Relationship ◽  
Agency Cost ◽  
Debt Financing ◽  
Leverage Ratio ◽  
The Impact ◽  
The Relationship

This article tries to understand the relationship between agency cost, debt financing and Indian real estate companies’ performance. The study attempts to document the effect of debt on the firm’s profitability and then explores the reason behind such an impact by introducing the agency cost as a parameter. The study is conducted in two phases. Phase I is carried out to establish the relationship between debt financing and the firm’s financial performance. In Phase II, the study is conducted to understand the impact of agency cost on debt financing. Firms from the BSE Realty Index were selected for the period 2011–2018. Profitability is measured through return on equity (ROE), whereas debt financing is measured through the firm’s leverage ratio. The agency cost is measured through the asset utilisation ratio and general expense to sales ratio. Panel regression method is used to understand the impact of debt financing and agency cost on the firms’ profitability. The result of Phase I suggests a significant negative relationship between debt financing and the ROE and the result of Phase II suggests a positive relationship between the agency cost and debt financing. This means that reduction in agency cost will lead to lesser amount of debt financing thereby improving the firm’s financial performance.

The impact of the brand management system on performance across service and product-oriented activities

2017 ◽  
Vol 26 (3) ◽  
pp. 294-311 ◽  
Author(s):  
Mathieu Dunes ◽  
Bernard Pras
Keyword(s):  
Financial Performance ◽  
Management System ◽  
Management Practices ◽  
Brand Management ◽  
Brand Performance ◽  
Content Type ◽  
Objective Performance ◽  
The Impact ◽  
The Relationship

Purpose This paper aims to analyze the impact of brand management system (BMS) practices on subjective and objective performance in both service- and product-oriented sectors. Design/methodology/approach Based on a “grounded-in-practice” approach to BMS, a comprehensive formative BMS scale is developed and its validity is assessed. The impact of BMS on subjective brand performance (i.e. predictive validity) and on objective financial performance is assessed. Data are collected from a sample of 298 brand managers and marketing directors in five business sectors (cosmetics, convenience goods, industry, bank/insurance and media) and from a financial database. Path analysis and multigroup analysis are performed to test mediating and moderating effects. Findings The results reveal that subjective brand performance (perceived brand performance) mediates the relationship between the BMS and objective financial performance of the firm and on each of the three BMS dimensions; and product-oriented (vs service-oriented) sector positively moderates the relationship between the BMS and subjective brand performance. Research limitations/implications The paper offers insights into adapting brand management practices along all BMS dimensions to achieve better business performance and improve objective financial performance in product-oriented activities. It highlights the role of brand management implementation, as well as the role of brand management in hierarchical relationships, in improving performance in service activities. Practical implications The formative BMS scale offers a tool which can be used to improve strategic decisions and give practical guidance on product vs service sector specificities. The indirect impact of a BMS on financial objective performance reinforces the legitimacy of brand managers and marketing managers. Originality/value This paper shows the impact of the BMS on objective financial performance by using a “grounded-in-practice” BMS scale. It also affords explanation on sectoral effects of brand management practices and their consequences on subjective and objective performance.

scholarly journals Attitudinal Ambivalence

Psychology ◽  
2019 ◽  
Author(s):  
Nicoletta Cavazza ◽  
Vincent Pillaud ◽  
Fabrizio Butera
Keyword(s):  
Interpersonal Relationships ◽  
Individual Level ◽  
Attitudinal Ambivalence ◽  
The Individual ◽  
And Behavior ◽  
Attitudes And Behavior ◽  
The Impact ◽  
The Relationship ◽  
Moderating Role

Research on attitudinal ambivalence started in the early 1970s, forty years after the first wave of research on attitudes. Ambivalent attitudes consist of both positive and negative evaluations of the same object. Early approaches proposed different measurement methods, and ambivalence can now be measured either directly (referred to as “felt ambivalence”) or indirectly (referred to as “potential ambivalence”). Because of its duality, ambivalence has been studied in comparison with univalent attitudes—which consist of either positive or negative evaluations of an object—to uncover their specific features, antecedents, and consequences. Relevant research has focused on identifying the prevalence of ambivalent attitudes, and on whether they could stem from particular personality traits or situations. Researchers have found that ambivalent attitudes seem to be widespread and can be held for a long period of time. Their relationship with behaviors has also been widely studied. At the individual level, ambivalence increases response latency when a choice has to be made, extends information processing, can affect attitude stability, and can even lead to discomfort. At the behavioral level, studies have highlighted the moderating role of attitudinal ambivalence on the relationship between attitudes and behavior. A different field of research focuses on its strength to question whether ambivalence leads to more resistance or susceptibility to persuasion and influence. It appears that ambivalent attitudes are pliable and, depending on the context, can either help individuals to be more adaptive or prevent them from arriving at a satisfying conclusion. The role of ambivalent attitudes in interpersonal relationships and self-presentation also highlight some benefits in holding an ambivalent attitude. This article opens by reviewing general overviews to provide a detailed picture of the current state of research. It then presents early approaches to attitudinal ambivalence, and reviews studies that highlight the moderating role of attitudinal ambivalence on the relationship between attitudes and behavior, as well as studies that question whether ambivalence might lead to more resistance or susceptibility to persuasion and influence. The article then focuses on the impact of ambivalence at the individual level. Antecedents of attitudinal ambivalence will be reviewed, as well as its consequences on the individual. The article concludes by presenting research questioning its functions as well as some applied work.

scholarly journals THE IMPACT OF LEARNING ORIENTATION ON FINANCIAL PERFORMANCE WITH NON-FINANCIAL PERFORMANCE AS A MEDIATING VARIABLE

2018 ◽  
Vol 1 (1) ◽  
pp. 9
Author(s):  
Vicky F Sanjaya
Keyword(s):  
Financial Performance ◽  
Small And Medium Enterprises ◽  
Learning Orientation ◽  
Medium Enterprises ◽  
The Impact ◽  
The Relationship

This study aims to see the impact of learning orientation on the performance of companies in financial and non-financial, and see the role of non-financial performance as a mediating variable. No relevant profit theory and still limited research that saw the company's performance from both sides of the financial and non-financial to be a gap for doing research. The sample in this study is small and medium enterprises (SMEs) domiciled in the Province of Yogyakarta (DIY). The number of samples studied is as many as 113 respondents consisting of five districts / cities in DIY. The results of this study indicate that the orientation of learning has a positive and significant impact on financial performance and non-financial companies. In addition, this study also gives results that non-financial performance mediates some of the relationship between learning orientation to financial performance.Keywords: learning orientation, financial performance, non-financial performance, SMEs.

scholarly journals EFFECTS OF ORGANISATIONAL STRUCTURE ON SOCIAL VALUE: MEDIATING ROLE OF FINANCIAL PERFORMANCE

2018 ◽  
Vol 17 (3) ◽  
pp. 131
Author(s):  
NUR AIMA SHAFIE ◽  
ZURAIDAH MOHD SANUSI ◽  
RAZANA JUHAIDA JOHARI ◽  
WIWIK UTAMI ◽  
AZIATUL WAZNAH GHAZALI
Keyword(s):  
Financial Performance ◽  
Social Enterprise ◽  
Social Value ◽  
Organisational Structure ◽  
Mediating Role ◽  
The Social ◽  
The Government ◽  
The Impact ◽  
The Relationship

Social enterprise (SE) is a hybrid organisation, which combine two different goals in their mission and vision. In an attempt to sustain their operation, social enterprise must ensure that both mission (social and financial) is equally balanced and achievable. The existence of SE is to fill the gap leave behind by traditional profit organisation, non-profit organisations (NPOs) and the government. The aim is to positively impact the social, cultural and environmental issues through their unique business model. Their uniqueness, while can benefit the community and society as a whole is prone to fraud and misuse of funds which would eventually affect the survival of SE. The issues are originated from weak governance particularly the structure of their organisations. Hence, this study is aims to examine the relationship between the organisational structure, financial performance and social value of SE in Malaysia. On the other hand, the study also aim to examine the mediating role of financial performance on the relationship between organisational structure and social value. Organisational structure is vital as carefully selected, well designed and well managed organisational structure will improve the impact of social enterprise on the society. This study is based on the 134 data obtained from the SE in Malaysia and registered as Company Limited by Guarantee (CLBG). The study found that, organisational structure and financial performance significantly influence the social value of SE. Furthermore, it was also found that financial performance indeed mediate the relationship between organisational structure and social value. It is hoped that the study can contribute to the improvement of performance of SE in Malaysia and as well as encourage the development of research in the area of SE.

Reluctant to Speak? The Impact of Supervisor Narcissism on Employee Prohibitive Voice

2018 ◽  
Vol 46 (10) ◽  
pp. 1713-1726
Author(s):  
Zhi-Hui Ding ◽  
Hua-Cheng Li ◽  
Lei Quan ◽  
Hua-Qiang Wang
Keyword(s):  
Social Exchange ◽  
Negative Relationship ◽  
Negative Influence ◽  
Employee Voice ◽  
Executive Staff ◽  
Mediating Role ◽  
The Impact ◽  
The Relationship ◽  
Prohibitive Voice

We constructed a research model based on the social cognitive and social exchange theories to investigate the relationship between supervisor narcissism and employee prohibitive voice. We focused on the mediating role of employee voice efficacy and the moderating role of supervisor–subordinate guanxi. We recruited enterprise employees in China and their direct supervisors (231 supervisor–subordinate dyads) as participants, who completed a 2-wave survey. The results showed a significantly negative relationship between supervisor narcissism and employee prohibitive voice, and the relationship was mediated by employee voice efficacy. Supervisor–subordinate guanxi negatively moderated the relationship between supervisor narcissism and employee voice efficacy. Thus, organizational executive staff should manage conditions to reduce the negative influence of supervisor narcissism, thereby promoting employee prohibitive voice.

THE IMPACT OF ORGANISATIONAL SLACK ON INNOVATIVE WORK BEHAVIOUR: HOW DO TOP MANAGERS AND EMPLOYEES DIFFER?

2019 ◽  
Vol 24 (03) ◽  
pp. 2050022 ◽  
Author(s):  
SUSANNE HÜGEL ◽  
MARKUS KREUTZER
Keyword(s):  
Real Estate Industry ◽  
Individual Level ◽  
Top Managers ◽  
Innovative Work ◽  
Central Argument ◽  
Innovative Work Behaviour ◽  
The Individual ◽  
The Impact ◽  
The Relationship

In this paper, we advance our understanding of the relationship between slack and innovation in two ways. We distinguish between different slack types on the organisational level, and hypothesise and empirically test how they influence innovative work behaviour (IWB) of both employees and top managers on the individual level. Applying a multigroup analysis in PLS-SEM, we test our model with a sample of 403 individuals, 155 top managers and 248 employees, from the German real estate industry. We find support for our central argument that the influence of organisational slack on individuals’ IWB differs according to the type of slack and the organisational role of the individual.

scholarly journals The Relevance of Social Responsibility and Financial Performance of Listed Companies

2018 ◽  
Vol 8 (2) ◽  
pp. 40 ◽  
Author(s):  
Jingwen Mi ◽  
Shaoyan Jiang ◽  
Xiaohui Tao ◽  
Wanwan Hu
Keyword(s):  
Social Responsibility ◽  
Financial Performance ◽  
Economic Performance ◽  
Listed Companies ◽  
Growth Opportunities ◽  
Chinese Listed Companies ◽  
Corporate Social ◽  
The Impact ◽  
The Relationship

This paper uses the data of Chinese listed companies from 2014 to 2016 as a sample to discuss the relationship between corporate social responsibility and financial performance. At the same time, it analyzes the regulatory role of corporate scale and growth opportunities in the impact of social responsibility on economic performance. The study finds that there is a significant positive correlation between social responsibility and financial performance. The scale of the enterprise reverses the impact of social responsibility on financial performance, and growth opportunities do not regulate the impact of social responsibility on financial performance.

scholarly journals The impact of workplace bullying on flourishing: The moderating role of emotional intelligence

2019 ◽  
Vol 45 ◽  
Author(s):  
Elizabeth C. Nel
Keyword(s):  
Emotional Intelligence ◽  
Workplace Bullying ◽  
Negative Relationship ◽  
Well Being ◽  
Personal Resources ◽  
Cross Sectional ◽  
The Impact ◽  
The Relationship ◽  
Moderating Role

Orientation: Workplace bullying has detrimental effects on employee well-being. Emotional intelligence may moderate the relationship between workplace bullying and flourishing.Research purpose: The purpose of this study was to examine the nature of the relationship between workplace bullying and flourishing and to investigate the moderating role of emotional intelligence in the workplace bullying–flourishing relationship.Motivation for the study: There is a paucity of studies exploring the moderating role of personal resources such as emotional intelligence in the relationship between workplace bullying and flourishing.Research approach/design and method: The study used a cross-sectional design, quantitative approach and a convenience sampling method. Employees from a higher education institution (N = 1102) participated in this research. Descriptive, correlation and moderation analysis was used to analyse the data.Main findings: The results showed that there was a significant negative relationship between workplace bullying and flourishing. Emotional intelligence significantly moderated the relationship between workplace bullying and flourishing.Practical/managerial implications: Organisations should develop and/or strengthen the level of emotional intelligence in employees in order to reduce the negative effect of workplace bullying on well-being.Contribution/value-add: The findings of this research contribute to the limited body of research investigating personal resources such as emotional intelligence as a moderator in the bullying-well-being relationship.

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