Issue #3 (Volume 20 2022)
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Articles15
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53 Authors
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76 Tables
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29 Figures
- agency theory
- attitude toward entrepreneurship
- auditing
- bank
- bank performance
- bankruptcy
- bed occupancy rate
- bed turnover
- business administration
- business economics
- business model canvas
- challenges
- communication
- corporate governance
- Covid-19 pandemic
- creativity
- crisis
- debt financing
- digital entrepreneurship
- digital literacy
- e-recruitment
- economic inequality
- entrepreneurship intention
- entrepreneurship intentions
- financial distress
- gender
- governance
- higher education
- hospital credibility
- hospital performance
- hospital reputation
- hospital resources
- hospitals
- impact
- industry
- information retention
- innovativeness
- intangible assets
- investment
- jobseekers
- leadership
- management
- management of clinical risks
- management support
- measurement models
- model
- organization
- organizational attractiveness
- organizational citizenship behavior
- personal responsibility
- physical resources
- political connections
- position
- productivity
- psychological contract fulfillment
- random effects probit model
- rating
- recommendations
- recruitment process
- region
- risk management
- satisfaction
- self-efficacy
- SEM-PLS
- skills
- social exchange theory
- social trust
- socio-economic situation
- stress
- structural models
- student
- sustainable development
- team effectiveness
- tourism
- trust
- turnover
- Ukraine
- university
- workplace
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Social resilience management of Ukrainian territorial communities during the Covid-19 pandemic
Andriana Kostenko, Tetiana Kozyntseva
, Valentyna Opanasiuk
, Oleksandr Kubatko
, Olena Kupenko
doi: http://dx.doi.org/10.21511/ppm.20(3).2022.01
Problems and Perspectives in Management Volume 20, 2022 Issue #3 pp. 1-11
Views: 154 Downloads: 41 TO CITE АНОТАЦІЯThe Covid-19 pandemic changes people’s behavior, determines the interpersonal distance of communication, and deepens the digitalization processes of public life. This paper aims to establish the social trust impact on the social sustainability of Ukrainian territorial communities in the Covid-19 pandemic. For an empirical study, four territorial communities of Ukraine were taken, which geographically represent the whole of Ukraine. It used the online survey method based on Google forms. A randomly selected 1530 respondents aged 18+ were interviewed in 2021, where the quota sampling by gender, age, and territorial community has been preserved. The study proves that the family remains the basis of social stability for Ukrainians. In difficult situations, the population expects help from their relatives and is ready to help themselves. However, institutional social trust is highly deficient, with only 5.8% of citizens wishing for help from local authorities in the face of the pandemic. The survey shows that the poorest part of the population is prone to atomization and demonstrates the lowest interpersonal and institutional trust level, weakening social stability due to the risks of numerous divorces, labor migration, and the problems of family members’ isolation during the Covid-19 pandemic. The pandemic has widened the gap between the poorest and wealthiest groups. Therefore, social resilience management should aim to improve institutional and interpersonal social trust. Furthermore, public authorities should unite the community using economic, social, cultural, and religious instruments since atomized individuals cannot withstand local and global challenges efficiently.
Acknowledgment
The paper was prepared in the framework of the research project “Sustainable development and resource security: from disruptive technologies to digital transformation of Ukrainian economy” (№ 0121U100470) and “ Jean Monnet Chair in EU Economic Policies and Civil Society” (619878-EPP-1-2020-1-UA-EPPJMO-CHAIR). -
Impact of digitalization on the attractiveness of employee recruitment and retention in Moroccan companies
Mohamed Habachi, Zakia Nouira
, Cheklekbire Malainine
, Omar Hajaji
doi: http://dx.doi.org/10.21511/ppm.20(3).2022.02
Problems and Perspectives in Management Volume 20, 2022 Issue #3 pp. 12-27
Views: 140 Downloads: 34 TO CITE АНОТАЦІЯThe relevant evolution of social networks and the expansion of digitalization has led to significant changes in the classical processes used by Moroccan companies in different fields such as marketing, human resources management, etc. This paper investigates the effects of digitalization on the attractiveness of Moroccan companies in terms of recruitment and safeguarding these constructs by using structural equation models according to the PLS approach. The study was carried out to touch 74 companies in different sectors. The study showed positive relationships between management support, digitalization, and recruitment performance (defined as the attractiveness of a company for recruitment and federalization of employees). The results show that the T-statistics are equal to 67.55, 6.862, and 5.941, respectively. The Q² value is 0.884 for scanning and 0.937 for performance, which means that the model is predictive in nature. The GoF is 1.388, which means that model is sufficiently large for the overall validity of the PLS model. While jobseeker behavior and competitive intensity did not affect recruitment performance because the test T-statistics is less than 1.64, the two factors have no moderating effect as the p-values are 0.228 and 0.082, respectively, exceeding the threshold of 0.05. -
Influence of employee-manager relationship on employee performance and productivity
Nosipho Pearl Dlamini, Sachin Suknunan
, Anrusha Bhana
doi: http://dx.doi.org/10.21511/ppm.20(3).2022.03
Problems and Perspectives in Management Volume 20, 2022 Issue #3 pp. 28-42
Views: 143 Downloads: 31 TO CITE АНОТАЦІЯOrganizational performance can be seen as dependent on employee job performance and productivity. One of the factors that influence employee job performance and productivity is the working relationship between employees and their managers. This paper examines the influence of the relationship between employees and their managers on enhancing employee performance and productivity. The study was conducted in a financial organization based in Durban (South Africa). A quantitative approach was utilized with a census method targeting a total population of 40 administrative employees. A questionnaire was constructed based on the research aims and was administered to all 40 respondents. As a result, the response rate was 65%. Key findings indicated that the relationship between managers and employees did affect employee performance and productivity. A positive relationship with a manager is closely linked to increased motivation and performance, while a negative relationship is linked with poor performance. An overall negative impact and high level of dissatisfaction amongst employees were found due to the current bureaucratic management style that managers adopt in their organization. Thus, it makes employees less productive and decreases their work performance. Furthermore, it was found that employees’ perception of their relationship with managers plays a significant role in predicting job performance. Recommendations for a better working relationship to promote employee performance and productivity include manager-employee training, team building activities, skills development programs for managers, employee rewards and recognition, increased communication platforms, and more consideration for employee well-being.
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The rating of Ukraine’s regional tourist systems according to their investment potential
Anatolii Mazaraki, Marharyta Boiko
, Myroslava Bosovska
, Alla Okhrimenko
, Kateryna Antoniuk doi: http://dx.doi.org/10.21511/ppm.20(3).2022.04
Problems and Perspectives in Management Volume 20, 2022 Issue #3 pp. 43-61
Views: 137 Downloads: 28 TO CITE АНОТАЦІЯThe development and implementation of regional tourism development programs in Ukraine require the formation of the information environment for ranking the tourist systems of Ukraine’s regions according to the attractiveness of their investment potential, which determines the purpose of this study. The methods of economic analysis and rating modeling were used to rank regional tourism systems according to their investment potential by determining the integral indicator of the economic and tourist resources of each region. Accordingly, economic indicators are chosen to provide the regions with financial, labor, and production resources; tourism indicators include supply and demand for tourism services, availability of tourism resources, tourism efficiency, as well as tourism accommodation. According to the results of rating and grouping, three groups of regions were formed: the first (the priority in terms of investment potential of the tourist system has the value of the integrated indicator from 72.0 to 94.8); the second (values from 40.2 to 71.0, reflecting the average level of investment potential); and the third (values from 25.0 to 40.1 for regions with low investment potential). The rating of regional tourist systems reflects the development level of their potential; it is an indicator of the effectiveness of its management and information base necessary for management decisions of potential investors. The asymmetry of investment potential of regional tourism systems causes an imbalance in their competitiveness, so implementing regional and national programs will help intensifying their use and equalizing regions’ development.
Acknowledgment
The paper reflects the research results within the study carried out in 2021–2024 at the State University of Trade and Economics at the request of the Ministry of Education and Science of Ukraine “Digital Transformation of Trade, Economic and Tourist Systems of Ukraine,” state registration number 0117U000503, and “Forecasting the impact of the tourist system on the country’s economy,” state registration number 0122U001559. -
Influence of psychological contract fulfillment on job outcomes: A case of the academic sphere in Jordan
Qais Hammouri, Asmahan Majed Altaher
, Ahmad Rabaa’i
, Heba Khataybeh
, Jassim Al-Gasawneh
doi: http://dx.doi.org/10.21511/ppm.20(3).2022.05
Problems and Perspectives in Management Volume 20, 2022 Issue #3 pp. 62-71
Views: 131 Downloads: 26 TO CITE АНОТАЦІЯChanges in the economy, politics, competitors, customers, and even the weather affect the trust relationship between employers and employees. Most organizations are striving to strengthen such relationships by focusing on psychological contract fulfillment that allows for trust leading to job stability and career advancement. An integrated framework was used to investigate the role of psychological contract fulfillment on academic employees in two Jordanian universities (Yarmouk and Jadara Universities). The research area is determined in universities due to a breach of psychological contracts. Using a quantitative method, responses from academic employees were collected to examine their perception of the influence of psychological contract fulfillment on job outcomes. Hypotheses were tested using the partial least square structural equation modeling (PLS-SEM) method on data gathered from 90 academic employees. The findings indicated that psychological contract fulfillment positively influences both employee productivity and satisfaction. In addition, the results revealed that psychological contract fulfillment negatively influences employee turnover. Furthermore, the study findings have managerial implications through enhancing organizational citizenship behavior that leads to increased employee productivity and satisfaction.
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Performance evaluation through the effectiveness of resources and reputation: A case study of hospitals in Indonesia
Problems and Perspectives in Management Volume 20, 2022 Issue #3 pp. 72-82
Views: 134 Downloads: 23 TO CITE АНОТАЦІЯThis study aims to examine the impact of emergency clinic assets and its reputation on the operation of health clinics that provide health facilities for the community. The unit of analysis in this study is a medical clinic in West Kalimantan, Indonesia. The unit of perception is executives of a medical clinic. The perceptions were taken in one shoot time, particularly in 2021. The population covered 36 general hospitals from various classes, and the samples were taken from as many as 30 hospitals. The examination procedure for the exploration targets in this study used partial least squares. The experimental outcomes support the speculation that clinic assets and medical clinic reputation significantly affect clinic performance either all the while or somewhat. However, emergency clinic reputation has a more prominent commitment to emergency clinic performance, contrasted with emergency clinic assets. The findings of this review provide administrative ramifications to the medical clinic executives with an end goal to further develop emergency clinic performance with endeavors that depend on the improvement of the organization’s standing and upheld by the advancement of emergency clinic assets. Hospital reputation development needs to be prioritized and supported, especially hospital reliability aspect, as well as trustworthiness, credibility, and responsibility should be increased. Hospital resource development needs to be carried out by prioritizing organizational resources, which are upheld by improving human resources and tangible assets.
Acknowledgment
The authors would like to thank the health administrations in several hospitals as officers in charge of hospital management in West Kalimantan helped complete the various data and information needed.
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Youth attitude to entrepreneurship in Eastern and Central European countries: Gender aspect
Problems and Perspectives in Management Volume 20, 2022 Issue #3 pp. 83-94
Views: 88 Downloads: 16 TO CITE АНОТАЦІЯCurrent business conditions pose new challenges to youth entrepreneurship, which is a significant component of countries’ economic growth. In addition, Generation Z differs from previous generations and requires new approaches. In this context, a comprehensive study of the peculiarities and various aspects of youth entrepreneurship development is highly-demanded and relevant. Furthermore, the lower representation of women among entrepreneurs prompts the study to seek answers about the causes of this phenomenon.
This study aims to investigate the gender aspect of young people’s attitude (students who just started their university education) from Eastern and Central European countries to entrepreneurship. Notably, their entrepreneurial intentions, attitudes toward entrepreneurship, perceived threats of setting up the business, and determination to start/run a family business compared to working for a big corporation, from a gender perspective, are worth investigating. The study employed the survey with structured printed questionnaires spread in campuses among 3,636 first-year (bachelor) students of technical universities in Ukraine, Poland, Latvia, Lithuania, and Bulgaria. The results show that male students are more determined to set up firms; however, the difference compared to the females is only 3.3%. No gender differences were observed in the vision of the attractiveness of running own business or in the perception of threats in running a business. Students of both genders do not suppose that working in a corporation is more attractive than a family business. Nevertheless, respondents of both genders gave the maximum score for the statement that corporations provide more excellent opportunities to develop competencies. -
Personnel solutions for clinical risk management in hospitals: Evidence from the Czech Republic
Problems and Perspectives in Management Volume 20, 2022 Issue #3 pp. 95-104
Views: 67 Downloads: 12 TO CITE АНОТАЦІЯClinical risk management (CRM) is a specific form of risk management used in hospitals that focuses directly on clinical processes and indirectly on patient-related processes as well as on individuals, including their potential to make mistakes. The aim of this study was to describe and analyze the central CRM coordination in hospitals using the Czech version of the CRM monitoring tool developed for hospital environments. Quantitative research consisted of collecting and evaluating data using statistical methods. The research set consisted of responses from 53 participating hospitals recorded in the Czech version of the CRM monitoring tool. The results did not identify statistically significant differences among types of hospitals in terms of whether or not a person responsible for the central coordination of clinical risk management activities is designated in them. According to the findings, this fact does not affect the type of hospital or whether it is a public or private hospital. The paper also show that most hospitals have one person responsible for coordinating CRM who is often also employed as the hospital’s quality manager. In faculty hospitals, the person responsible for CRM is often a subordinate to the medical director or the deputy for medical care, etc. In city and other hospitals, they are usually directly subordinate to the director. The study showed that the person responsible for clinical risk management most often holds the quality manager position in hospitals.
Acknowledgment
This contribution was supported by the Faculty of Health and Social Sciences of the University of South Bohemia in České Budějovice as part of an individual internal research project of the ZSF USB entitled “Utilization of Clinical Risk Management in the Environment of Czech Hospitals” funded by the ZSF USB RVO. -
Mediation role of human capital on gender diversity and credit risk: Evidence of Indonesian rural banks
Nung Harjanto, Rahmawati Rahmawati
, Djuminah Djuminah , Muthmainah Muthmainah
, Yavida Nurim
doi: http://dx.doi.org/10.21511/ppm.20(3).2022.09
Problems and Perspectives in Management Volume 20, 2022 Issue #3 pp. 105-116
Views: 119 Downloads: 24 TO CITE АНОТАЦІЯThis study uses human capital that shows the intangible asset’s core in reducing the risk or improving firm performance to solve previous inconsistent results of women’s role in firm performance. Thus, this paper examines the role of human capital as the mediator in the influence of gender diversity on credit risk in a rural bank. This examination involves 433 rural banks based on the purposive sampling method. The result reveals that higher gender diversity has higher human capital (α = 0.135, ρ = 0.005) and higher human capital has lower credit risk (α = –0.205, ρ = 0.000). It also revealed that when gender diversity is controlled by human capital as a mediator on credit risk, gender diversity does not affect credit risk (α = –0.022, ρ = 0.625). However, human capital still affects credit risk (α = –0.205, ρ = 0.000). It implies that the higher a woman on the board of directors, the lower the credit risk through her education competence. Women as organization leaders have high self-appreciation from organization members in implementing their strategies and supervising them. High credit risk in rural banks needs appropriate management as a part of an internal governance mechanism. This study contributes to gender diversity literature through the ability to manage risk in measuring women’s role as strategic agents. This study also contributes to investor protection through the reputation of women on boards as monitoring agents.
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Empirical analysis of the effect of work stress on employee productivity in the banking industry
Ebhote Oseremen, Friday Ohiokha , Odiwo Williams Omokhudu , Godwin Ohiokha , Dabor Alexander Omowumi doi: http://dx.doi.org/10.21511/ppm.20(3).2022.10
Problems and Perspectives in Management Volume 20, 2022 Issue #3 pp. 117-129
Views: 69 Downloads: 8 TO CITE АНОТАЦІЯThis paper analyzes the effect of workplace stress on employee productivity in the service industry with reference to bankers. The study was carried out to identify the job stress of Nigerian bankers as it will be of interest to the management to evaluate their staff performance. The study used survey design with a sample size of 400 working staff from select banks in Benin City, Edo State; this was premised on the purposive sampling method. The study adopts primary data with the aid of questionnaire, which was administered to respondents to collect data. The data collected were analyzed using regression analysis. The result from the regression analysis indicated that employee workload, role ambiguity, and role conflict were statistically significant with a value of P > 0.05. The value of the Adjusted R2 of 64% reveals that the variability observed in the target variable is explained by the regression model. The study made recommendations that will enhance employee productivity in the banking industry in Nigeria.
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Management and leadership in university education: Approaches and perspectives
Carola Salazar-Rebaza, Monica Zegarra-Alva
, Franklin Cordova-Buiza
doi: http://dx.doi.org/10.21511/ppm.20(3).2022.11
Problems and Perspectives in Management Volume 20, 2022 Issue #3 pp. 130-141
Views: 135 Downloads: 14 TO CITE АНОТАЦІЯUniversity education has undergone transcendental changes in recent years. The tendencies of adaptation to these advances bring as a consequence that the management models and the leadership exercised by its directors are analyzed looking for a better administration of university entities. The present study reviews the scientific literature on approaches and perspectives on leadership and management in university education. It aims to establish various aspects, characteristics, and leadership and management styles through the review of scientific articles in the Scopus, Scielo, Proquest, Gale Onfile, and Ebsco databases. Relevant aspects were measured through the analysis of 36 articles published in the last 7 years. As a result, models and redesigns of university management were obtained, as well as a trend toward developing competencies and new leadership styles of those who lead institutions. It is concluded that university management is characterized by the search for strategies that allow the achievement of the established objectives based on strategic planning. In addition, it includes its role and interrelation with society and innovative models that easily adapt to changes through leadership that seeks commitment and participation, promoting proactive decision-making and emotional intelligence.
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Using the business model canvas to improve audit processes
Zbysław Dobrowolski, Łukasz Sułkowski
, Mirela Panait
doi: http://dx.doi.org/10.21511/ppm.20(3).2022.12
Problems and Perspectives in Management Volume 20, 2022 Issue #3 pp. 142-152
Views: 84 Downloads: 4 TO CITE АНОТАЦІЯThe study aims to determine whether auditors can use a business model canvas in their operations and how it increases the auditing value. This paper uses qualitative methods, including in-depth interviews with 37 internal auditors from Poland. It shows that the current channel of communicating audit assumptions with requesters is insufficient to facilitate audit processes. The auditors’ communication with their clients is limited by being in their knowledge area. The study presents a modified business model canvas, which fits auditors’ needs. The proposed changes rely on a different sequence of the traditional Osterwalder’s Canvas building blocks. Besides, modified Osterwalder’s model includes Mission, Impact, and Accountability blocks. These blocks, added to the model, make aware audit parties that the auditors are mission-focused and impact-driven on audited organizations and their environment. Adopting the business model canvas framework in the audit process showed potential, as auditors can better explain audit goals and limitations. The study fits the literature related to firms because it emphasizes that creating the process understandability for external parties is a crucial performance point.
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Examining determinants of digital entrepreneurial intention: A case of graduate students
Ayeasha Akhter, K. M. Anwarul Islam
, Md. Mobarak Karim
, Wasib Bin Latif
doi: http://dx.doi.org/10.21511/ppm.20(3).2022.13
Problems and Perspectives in Management Volume 20, 2022 Issue #3 pp. 153-163
Views: 124 Downloads: 13 TO CITE АНОТАЦІЯThis study aims to identify the determining factors of digital entrepreneurial intention among university graduate students in Bangladesh. The study considered university students as a study sample (n = 358) who were either in their final year of bachelor’s program or in the master’s program from three private universities located in Dhaka city, Bangladesh. This study was quantitative in nature, and a survey questionnaire was used based on the previous studies. There were three parts: a questionnaire, demographic information analysis, and a Likert-based measurement of study variables. A Cronbach (α) coefficient value of 0.70 or above was regarded to examine the reliability of the constructs. A factor loading value of 0.50 or above was considered to measure the research validity of all constructs’ items. Regression analysis was run to test the hypotheses. A Google form-based online survey questionnaire was used to collect the data, followed by a non-probability sampling method. After scrutiny, incomplete responses were discarded, and finally, 358 responses were deemed usable. The paper used SPSS version 26.0 to perform relevant statistical analyses. The results show that digital entrepreneurial self-efficacy, digital literacy, entrepreneurship education, innovativeness, and creativity positively and significantly impact university students becoming digital entrepreneurs. Regression result shows that students’ innovativeness and entrepreneurship education have more impact on their digital entrepreneurial intentions, implying that policymakers and universities should design their academic policy to promote innovative and entrepreneurship activities in the academic pedagogy.
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Political connection status decisions and benefits for firms experiencing financial difficulties in emerging markets
Problems and Perspectives in Management Volume 20, 2022 Issue #3 pp. 164-177
Views: 55 Downloads: 6 TO CITE АНОТАЦІЯThere is relatively little research exploring the benefits of political connection status decisions for firms experiencing financial difficulties in emerging markets. This paper investigates financially distressed firms that benefit from their political connection status in Indonesia. This study uses three measurements of financial distress as the dependent variables: Altman Z-score, negative working capital, and interest coverage ratio. Firm size, profitability, liquidity, leverage, and operating cash flow are independent variables. Quarterly data for the period from 2012 to 2018 from 327 non-financial companies were obtained from the Indonesia Stock Exchange. To analyze the relationship between financially distressed companies and decisions on the status of political connections as supporters or opponents, the random effects probit model (REPM) was used. The results show that firms with political status as opposition to the government have a strong positive correlation with experiencing financial difficulties. Meanwhile, companies with political connections as government supporters have a strong negative correlation. Companies with politically connected status as opposition experience financial difficulties in terms of negative working capital and interest coverage ratios. Then, debt financing was not found to be a significant problem for financially distressed companies with a political support status of the government. There are indications that they have benefited from political connections, such as more accessible debt financing.
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Why leaders are important for cross-functional teams: Moderating role of supportive leadership on knowledge hiding
Anh Don Ton, Laszlo Hammerl
, Dennis Weber , Oliver Kremer , Gabor Szabo-Szentgroti
doi: http://dx.doi.org/10.21511/ppm.20(3).2022.15
Problems and Perspectives in Management Volume 20, 2022 Issue #3 pp. 178-191
Views: 46 Downloads: 3 TO CITE АНОТАЦІЯKnowledge exchange has been a critical factor for cross-functional teams to master different tasks and problems and promote innovation. Cross-functional teams rely on the direct cooperation of senior employees from different departments, often with converging aims, leadership, culture, and communication. However, with the ever-increasing complexity in business decisions, decision-makers invested in the manufacturing industry sector need the support of a diverse team as an advisory tool to put well-thought measures into effect. The aim of this study is to analyze how cross-functional teams in commerce and industry rely on different key performance indicators to limit knowledge hiding. This paper conducted a quantitative study of 130 individual participants working in cross-functional teams in Germany. It also adapted multiple linear regression and used a conceptual model impacting the relationship between team performance, trust, and organizational citizenship behavior, including the moderating role of leadership. The disruptive effect of knowledge hiding was contextualized. The results indicate that team performance is directly affected by the selected variables. Furthermore, it is limited to knowledge hiding, while trust and the use of adequate leadership help to retain knowledge retention. Lastly, organizational citizenship behavior was found as the paramount factor, supported by individually tailored leadership methods, to foster information exchange and thereby promote organization-wide learning.