Eco-innovation and financial performance nexus: Does company size matter?

Mansour, Marwan; Al Zobi, Mo’taz; Abu alim, Sad; Saleh, Mohammed W.A.; Marashdeh, Zyad; Marei, Ahmad; Alkhodary, Dina; Al-Nohood, Saddam; Lutfi, Abdalwali

doi:10.1016/j.joitmc.2024.100244

Cited by 18 publications

(8 citation statements)

References 55 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Companies benefited from the inclusion of both men and women on corporate boards due to the advantageous behavioral distinctions between the two (Hazaea et al, 2023). Conversely, previous research has emphasized various negative consequences resulting from gender diversity (Unite et al, 2019), including decreased business performance and higher borrowing expenses caused by inadequate communication and inefficient coordination among board members (Mansour et al, 2024), which ultimately undermine effective decision-making (Alshirah et al, 2022). The observed results can be linked to an overemphasis on monitoring tendencies.…”

Section: Literature Reviewmentioning

confidence: 98%

“…By reporting the correlation matrix for the explained and explanatory variables, Table 3 confirms that the studied variables included in the model are proper, as they are not highly correlated. Consequently, the issue of multicollinearity did not pose a significant worry in the examination of correlations since none of the explanatory variables had coefficients above the threshold of 0.700 (Mansour et al, 2024;Saha et al, 2023). The correlation coefficient in Table 3 highlights the interplay between the market performance of the banking sector, board gender diversity, and relevant control variables.…”

Section: Correlation Analysismentioning

confidence: 99%

See 1 more Smart Citation

Board gender diversity and bank performance in Jordan

Mansour,

Al Zobi,

Allah E’leimat

et al. 2024

Banks and Bank Systems

Self Cite

View full text Add to dashboard Cite

Board diversity is crucial for corporate governance and improves corporate outcomes by aligning management with stakeholders’ interests. Compared to advanced environments, Jordan’s decent sociocultural backdrop exhibits a higher level of gender bias. This study investigates the influence of board gender diversity (BGD) on Jordanian banking sector performance, an under-explored area. This quantitative paper employs Ordinary Least Squares (OLS), random, and fixed-effect approaches to analyze 182 bank-year observations for balanced longitudinal data analysis. These approaches correctly establish the BGD-Tobin’s Q nexus during 2010–2022. The coefficient of determination was 70.57%. The model confirms a positive correlation between BGD and market-based performance indicators. Findings support agency and resource dependency hypotheses, showing BGD’s role in decision-making. Hence, a one-unit increase in BGD causes a 37.2-cent increase in Tobin’s Q measure. Moreover, a one-unit change in board independence, board meetings, size, women’s representation in top management, and capital adequacy ratio, assuming all other factors remain constant, results in Tobin-Q changes of 2.57 cents, 32.8 cents, 5.78 cents, 51.2 cents, 30.55 cents, and 22.86 cents, respectively, and the same direction. The results show how BGD enhances bank performance and contributes to relevant theories. The results are vigorous in a variety of identification and estimation methodologies.

show abstract

Section: Literature Reviewmentioning

confidence: 98%

Section: Correlation Analysismentioning

confidence: 99%

Board gender diversity and bank performance in Jordan

Mansour,

Al Zobi,

Allah E’leimat

et al. 2024

Banks and Bank Systems

Self Cite

View full text Add to dashboard Cite

show abstract

“…While certain criteria may classify a company as large, another set of criteria might categorize a group of smaller companies differently. Additionally, company size correlates with the ratio of its size compared to another entity set (Mansour et al, 2024). However, asset size emerges as a preferred proxy for firm size (Dang et al, 2018;Wuryani, 2012;D'Amato & Falivena, 2020).…”

Section: Literature Review and Hypotheses Developmentmentioning

confidence: 99%

“…This study proposed that the company size moderates the relationship between technology factors (i.e., ease of use, trust, digital proficiency, and perceived usefulness) and the efficiency of the ERP system in Jordanian industrial firms. Company size pertains to the quantity of resources possessed by the organization, encompassing various metrics such as total assets, sales figures, average sales, and average total assets (Mansour et al, 2024). Essentially, it delineates the extent of an organization's boundaries.…”

Section: Literature Review and Hypotheses Developmentmentioning

confidence: 99%

Technology factors and ERP system efficiency in the Jordanian industrial firms: does company size matter?

Lutfi,

Alqudah,

Al-Daoud

et al. 2024

Humanit Soc Sci Commun

Self Cite

View full text Add to dashboard Cite

The study was structured to investigate the impact of technological factors on the effectiveness of enterprise resource planning (ERP) in Jordanian industrial firms, using a descriptive-analytical approach. This study also examines company size as a moderator variable, which has been measured using the logarithm of total assets extracted from each firm’s annual report. The study’s target population consisted of all Jordanian industrial firms listed on the Amman Stock Exchange, totaling 55 firms. Managers participated as respondents, with 220 questionnaires distributed electronically, averaging four questionnaires per company. After data collection, 92 valid questionnaires were used for statistical analysis. The findings indicate a significant and positive relationship between technological factors (such as ease of use, perceived usefulness, and digital proficiency) and ERP system effectiveness in Jordanian industrial firms. However, the study revealed that trust, as one of the technological factors, did not significantly impact ERP system efficiency. Additionally, it was found that the moderating role of company size moderates positively the relationship between two technological factors (i.e., perceived usefulness and digital proficiency), and ERP system efficiency. The research suggests that industrial firms in Jordan should take into account technological factors, including factors like ease of use, perceived usefulness, and digital proficiency, to remain current with advancements that can improve the efficiency of ERP systems. This is important due to the positive influence it can have on the operational effectiveness of Jordanian industrial companies, aiding them in their planning and decision-making processes.

show abstract

“…Consequently, companies can achieve decreased risks and improved operational outcomes by promoting board gender diversity Alshirah et al (2022); Mansour et al (2024b), which ensures access to essential resources (Aksoy & Yilmaz, 2023;Awamleh et al, 2024). Surprisingly, the success of a company's trading activities relies heavily on the surrounding environment, and getting appropriate resources from these environments is vital for acquiring a competitive advantage (Mansour et al, 2024a;Marei, 2022;Mia et al, 2022;Pandey et al, 2020). Having a board representing various genders brings a broader range of perspectives and external resources, leading to more informed decision-making and, ultimately, better outcomes for the company.…”

Section: Theoretical Background and Literature Reviewmentioning

confidence: 99%

Board Gender Diversity and Cost of Debt: Evidence from MENA Region: Conceptual Paper

Mansour,

Salhab,

Marei

2024

IJARAFMS

View full text Add to dashboard Cite

This study aims to thoroughly analyze existing literature to examine how board gender diversity affects the cost of debt. The focus of this research is to understand how gender diversity in corporate boards affects borrowing costs. This review aims to offer valuable insights and directions for upcoming empirical research. The present study suggests that the upcoming empirical study should focus on publicly traded companies in the MENA region between 2010 and 2023. Many countries have established rules or recommendations that require or promote the inclusion of women in boardrooms. Like other countries, MENA nations are striving to promote gender equality in boardrooms, aiming to establish an inclusive social, political, and economic atmosphere that fosters economic growth. Many countries have established rules or recommendations that require or promote the inclusion of women in boardrooms. Like other countries, MENA nations are striving to promote gender equality in boardrooms, aiming to establish an inclusive social, political, and economic atmosphere that fosters economic growth. Besides achieving long-term objectives, corporations must access funds at a lower cost to foster business growth. Practical studies have shown that governance mechanisms in various companies, particularly in emerging markets, can significantly reduce debt costs and financial difficulties. This study predicts that women serving on corporate boards will have a significant impact on corporate financial decisions and will play a crucial role in determining the cost of debt financing. Women's participation in top-level corporate management is a subject of debate. Several studies have shown that underrepresented women on boards influence policymakers and regulators to intervene. Quotas can be implemented directly or indirectly to increase women's

show abstract

Eco-innovation and financial performance nexus: Does company size matter?

Cited by 18 publications

References 55 publications

Board gender diversity and bank performance in Jordan

Board gender diversity and bank performance in Jordan

Technology factors and ERP system efficiency in the Jordanian industrial firms: does company size matter?

Board Gender Diversity and Cost of Debt: Evidence from MENA Region: Conceptual Paper

Contact Info

Product

Resources

About