Traditionally, firms tend to incline toward financial performance and profitability to surge shareholder's wealth. In the modern day, in addition to financial performance, innovative and environmental performance has also become a central effort. However, all firms are not flourished in the achievement of financial, innovative, and environmental performance, particularly small‐ and medium‐sized enterprises (SMEs), which need adequate financial resources due to lack of resources and can search for opportunities to boost their performance. This research examines the role of financial availability in financial, innovative, and environmental performance with a mediating role of opportunity recognition. Empirical evidence is collected through structured questionnaires from 347 SMEs operating in the emerging market Pakistan. Hypotheses are tested in Analysis of a Moment Structure (AMOS) using structural equation modeling. Results indicate that satisfactory financial resources significantly contribute to financial and innovative performance but play an insignificant role in environmental performance as well. In addition, firms with enough financial capital recognize new opportunities significantly via opportunity recognition mediator, where partially mediating the relation between financial availability and financial/innovative performance. However, firms fully mediate the link between financial availability and environmental performance. Our research findings recommend CEOs and top managers to utilize their financial resources in an efficient way to achieve the advantage of the new opportunity recognition, superior financial, innovative, and environmental performance.
Information technology capability (ITC) enhances firm performance, reflecting the constructs' positive relation. Namely ICT enables continual improvements in uncertain environments, despite its extant shortcomings. This article assesses the role that ITC plays in firm performance, mediated by capital availability and sustainable competitive position (SCP). Research hypotheses are tested through structural equation modeling, using the analysis moments of structure (AMOS) statistical software, applied on the data collected from 316 small and medium enterprises (SMEs) in Pakistan, through a structured questionnaire. The results show that ITC might significantly contribute to SCP and firm performance, wherein capital availability and SCP play their mediating roles, strengthening the positive relation between ITC and SCP. These relations' unconcealment suggests that owners, managers and partners of SMEs and other policymakers must promote ITC's self-development, in order to effectively enhance financial capital productivity and to achieve superior performance in turbulent markets. The results generalizability is restricted to SMEs in Pakistan, yet it would be challenging to explore this study's relations in other emerging economies. Most encouraged are researchers willing to test the study's model in other industries, especially in non-profit organizations in developed and emerging economies, in order to expedite ITC's potential contribution to firm performance.
High-quality academic outcomes are required for students’ educational attainment and promote their desire to learn. However, not all educational sectors boast of the same, leading students to attain inferior outcome performances. The current study examines the impact of technology on student satisfaction, academic, and functional performance via the mediating factors of interactive and self-regulated learning. However, existing works focused less on technology and more on psychological learning factors, rendering mere acceptance of technology, proved to be useless. The present research investigates such mediators with existing technology resources and their impact on students’ overall growth. Research hypotheses are tested through structural equation modeling and applied to the data collected from 302 respondents via a structured questionnaire. In addition, the present study considers the collection of each student’s data across different universities, colleges, vocational and education institutions, mainly where students are involved in/using the technology when it comes to satisfaction, academic, and functional performance. The results indicated that the impact of technology via interactive learning has a significant influence on students’ satisfaction (β = 0.238, p < 0.05), academic performance (β = 0.194, p < 0.05), and functional performance (β = 0.188, p < 0.05). It is also noted that the impact of technology via self-regulated learning has positively contributed to satisfaction, academic, and functional performance. Our findings support the hypothesis and encourage students’ adaptability, engagement, and behavioral interactions stimulating the performance outcomes. The performance outcome of this research presents valuable information for decision-makers to articulate sustainable strategies and tactics in educational sectors.
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