Organizational transformation as a determinant of corporate hospitality and its effect on corporate sustainability

Utami, Hamidah Nayati; Cahyana, Bambang Eka; Nimran, Umar; Iqbal, Mohammad

doi:10.1108/itpd-04-2020-0014

Cited by 7 publications

(8 citation statements)

References 53 publications

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“…The Oldham and Hackman job characteristics model also supports the claim that internal motivation is gained through experienced meaningfulness from task variety and task significance (George & Akinwale, 2020). According to (Nimran, Utami, Cahyana, & Iqbal, 2020), followers at lower levels of the organisation may lack the autonomy to promote innovative processes. This is especially noticeable where tasks and responsibilities are more rigid.…”

Section: Intellectual Stimulation (Is)mentioning

confidence: 80%

Effect of Transformational Leadership on Employees’ Innovativeness and Job Satisfaction in Pakistani Private Sector

2021

JIBM

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According to leadership literature, current transformational leadership styles are associated with job satisfaction to varying degrees. According to several studies, transformational leadership leads to higher levels of job satisfaction. Given the current state of the Pakistani business market, the study's overarching goal was to investigate the relationship between transformational leadership styles and employees' levels of innovativeness and job satisfaction in the Pakistani private sector. To achieve the study's objectives, a quantitative study was conducted. Questionnaires were distributed to employees in Pakistan's private sector from a predetermined target population. The data collected was analysed using statistical software. According to the study's findings, there are statistically significant relationships between overall transactional leadership, employee innovativeness, and job satisfaction, as well as overall transformational leadership and job satisfaction. This study is one of the few that focuses on the private sector to help improve understanding of how to manage and retain employees in the private sector. These findings are also useful for the Asia-Pacific private sector in maintaining the work-life balance of affective commitments, which leads to positive in-role performance. Keywords: Leadership, Leadership styles, Job satisfaction, employees, Private sector

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Section: Intellectual Stimulation (Is)mentioning

confidence: 80%

Effect of Transformational Leadership on Employees’ Innovativeness and Job Satisfaction in Pakistani Private Sector

2021

JIBM

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“…It can be defined as a shift in company strategies and operations toward meeting the demands of businesses and stakeholders while also sustaining, maintaining, and improving human and natural resources that will be required in the future (Searcy, 2011). Corporate sustainability is a corporate strategy that focuses on the ethical, social, environmental, cultural, and economic components of doing business (Utami et al, 2020). Corporate sustainability has been described as an organization's strategic and profit-driven response to environmental and social challenges (Calabrese et al, 2019).…”

Section: Sustainabilitymentioning

confidence: 99%

“…Similarly, the importance of sustainability at the corporate level has grown considerably, especially since the majority of industrialized and developing nations embraced sustainable development goals (Du et al, 2022;Zahid et al, 2021). Several studies have identified the impact of sustainability on open innovation (Minutolo et al, 2019;Searcy, 2011;Zhang et al, 2019), with Utami et al (2020) showing that low sustainability negatively affects open innovation. However, these studies did not provide a full understanding by integrating crisis management factors (crisis management, decision-making, risk-taking), sustainability, and open innovation.…”

Section: Introductionmentioning

confidence: 99%

The Influence of Crisis Management, Risk-Taking, and Innovation in Sustainability Practices: Empirical Evidence From Iraq

Zaidan

Khaw

Alnoor

2022

IJIKM

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Aim/Purpose: This study examines the impact of decision-making, crisis management, and decision-making on sustainability through the mediation of open innovation in the energy sector. Background: Public companies study high-performance practices, requiring overcoming basic obstacles such as financial crises that prevent the adoption and development of sustainability programs. Methodology: Due to the COVID-19 pandemic, which has led to the closure of businesses in Iraq, a survey was distributed. To facilitate responses, free consultations were offered to help complete the questionnaire quickly. Of the 435 questionnaires answered, 397 were used for further analysis. Contribution: The impact of crises that impede the energy sector from adopting sustainable environmental regulations is investigated in this study. Its identification of specific constraints to open innovation leads to the effectiveness of adopting environmentally friendly policies and reaching high levels of sustainable performance. Findings: The impacts of risk-taking, crisis management, and decision-making on sustainability have been explored. Results show that open innovation fully mediates the relationship between the factors of risk-taking, crisis management, decision-making, and sustainability. Recommendations for Practitioners: The proposed model can be used by practitioners to develop and improve sustainable innovation practices and achieve superior performance. Recommendation for Researchers: Researchers are recommended to conduct in-depth studies of the phenomenon based on theoretical and empirical foundations, especially in light of the relationship between crisis management, decision-making, and risk-taking and their impact on sustainability based on linear and non-compensatory relationships. Impact on Society: This study provides a reference for organizations with similar cultural backgrounds in adopting sustainable practices to minimize pollution in the Iraqi context. Future Research: A more in-depth study can be performed using a larger sample, which not only includes the energy industry but also other industries.

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“…The third and final contribution of this study is to investigate how changes in political environment may affect political benefits or costs. Contrary to Utami (2020), this paper explores the effects of political connections on firm performance during the period marked by stable (prerevolution) and unstable (post-revolution) political environment. Previous studies on Tunisian connected firms' performance are interested in either post-revolution period (Bencheikh & Taktak, 2017;Maaloul et al, 2018, Riahi and or the pre-revolution period (Lassoued and Attia, 2014).…”

Section: Political Connections and Firm Performancementioning

confidence: 99%

“…Hence, the following question is raised: does politicians use RPTs to maximize self-serving interests at the expense of other shareholders or to provide benefits to firms through a simplified negotiation process, lower transaction costs and the facilitation of contracts? This issue was addressed in the study of Utami (2020), using Indonesian context. His study advances that the relationship between accounting performance and political connections is more pronounced with greater RPTs.…”

Section: Introductionmentioning

confidence: 99%

Political connections, related party transactions and firm performance: evidence from Tunisian context

Cheikh

Loukil

2022

JAEE

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PurposeThe purpose of this paper is to examine the effect of the presence of political connections on firm performance through related party transactions in Tunisia, a country where that is characterized by the Jasmin revolution in 2011.Design/methodology/approachThe study uses a sample of nonfinancial firms between 2008 and 2014 listed on the Tunis Stock Exchange and uses generalized least squares on panel data.FindingsFirst, the political connection and related parties' transaction enhances firm's market performance. Second, the study reveals that political connection moderates the relationship between the related party transactions and firm performance only in the period after revolution. Indeed, politicians seem to have used related party transactions to expropriate firms in a period of political instability. Finally, we show that politicians are more attracted by firms with higher market performance and with higher number of related parties' transactions.Practical implicationsThe empirical findings contribute to the current debate on the benefits and costs of political connections in emerging economies. It shows that political connections enhance market valuation of firms. However, political connection costs appear during political instability period.Originality/valueThis study addresses the interaction between related party transactions, political connections and firm performance. It is the first study to test if the related party transactions are used as a tool by politicians to expropriate firms.

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Organizational transformation as a determinant of corporate hospitality and its effect on corporate sustainability

Cited by 7 publications

References 53 publications

Effect of Transformational Leadership on Employees’ Innovativeness and Job Satisfaction in Pakistani Private Sector

Effect of Transformational Leadership on Employees’ Innovativeness and Job Satisfaction in Pakistani Private Sector

The Influence of Crisis Management, Risk-Taking, and Innovation in Sustainability Practices: Empirical Evidence From Iraq

Political connections, related party transactions and firm performance: evidence from Tunisian context

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