The effects of financial inclusion and the business environment in spurring the creation of early-stage firms and supporting established firms

Charfeddine, Lanouar; Zaouali, Sana

doi:10.1016/j.jbusres.2022.01.014

Cited by 36 publications

(33 citation statements)

References 38 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Second , we did not find any evidence regarding our expectation of the impact of regulatory institutions on entrepreneurial intentions (H1). Our research findings add to the emerging literature and fragmentary information about regulatory institutions and entrepreneurial intentions (Valdez and Richardson 2013 ; Urbano and Alvarez 2014 ; Chowdhury et al 2019 ; Fuentelsaz et al 2019 ; Charfeddine and Zaouali 2022 ). This result may lead to a conclusion that regulatory institutions have a more significant impact on the activities of incumbent firms rather than on the intentions of early-stage entrepreneurs (Charfeddine and Zaouali 2022 ).…”

Section: Implications and Conclusionsupporting

confidence: 69%

Institutional and individual determinants of entrepreneurial intentions: evidence from developing and transition economies

Bağış

Altınay²,

Kryeziu³

et al. 2023

Rev Manag Sci

View full text Add to dashboard Cite

This study aims to examine the effect of institutions on entrepreneurial intentions, the mediation of individual motives in this relationship, and the moderating effect of the country. We tested a sample of 678 questionnaires using quantitative research methods. We used confirmatory factor, correlation, multiple regression, mediation, and moderated mediation analyses to analyze the data. Findings show that normative institutions affect entrepreneurial intentions in Turkey and Kosovo. They also reveal that the personal attitude, subjective norm, perceived behavioral control, and need for achievement have a full mediation relationship between regulatory institutions and entrepreneurial intentions and a partial mediation relationship between normative and cultural-cognitive institutions and entrepreneurial intentions. Finally, we found no moderating effect of the country in the relationship between institutions and entrepreneurial intentions. The study contributes to the literature and provides policy and managerial implications on the macro and micro factors that affect entrepreneurial intentions in developing and transition economies.

show abstract

Section: Implications and Conclusionsupporting

confidence: 69%

Institutional and individual determinants of entrepreneurial intentions: evidence from developing and transition economies

Bağış

Altınay²,

Kryeziu³

et al. 2023

Rev Manag Sci

View full text Add to dashboard Cite

show abstract

“…Households with higher incomes can now afford energyintensive things that they previously could not. Due to increased industrialization and economic activity, the environment may be harmed by the production of industrial waste (Ullah et al, 2021;Liu et al, 2022a;Liu et al, 2022b;Charfeddine and Zaouali, 2022;Ding et al, 2022;Hussain et al, 2022;Wang et al, 2022). The findings are opposite of the findings by Liu N et al (2022), Shahbaz et al (2022), and Xue and Zhang (2022).…”

Section: Resultsmentioning

confidence: 99%

“…Researchers and environmental scientists from all over the world are attempting to classify each factor that affects environmental performance. In this situation, high production and processing are needed to achieve high financial and economic growth, which puts pressure on the environment and creates an ecological deficit (Aydin et al, 2019;Destek and Sarkodie, 2019;Dogan and Inglesi-Lotz, 2020;Charfeddine and Zaouali, 2022;Hussain et al, 2022). The literature on the relationship between finance and the environment is extensive yet ambiguous.…”

Section: Introductionmentioning

confidence: 99%

“…There is a growing body of empirical research in the finance environment literature on the question of whether financial inclusion leads to a decline or improvement in environmental quality (Nasir et al, 2019;Ntow-Gyamfi et al, 2020;Fakher et al, 2021;Charfeddine and Zaouali, 2022;Liu N et al, 2022;Shahbaz et al, 2022). Additionally, Lenka (2021) considered financial inclusion as a crucial component of financial development.…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

The role of institutional quality in assessing the environmental externality of financial inclusion: A DCCE approach

Latif

Safdar

Liaquat

et al. 2023

Front. Environ. Sci.

View full text Add to dashboard Cite

Controlling environmental contamination requires the use of environmental regulation. The growth of green finance depends on digital finance. The objectives of the study are threefold: first, to explore the impact of digital financial inclusion in deriving climate change; second, to trace the shape of the financial inclusion-based environmental Kuznets curve; and third, to investigate the intersecting effect of digital financial inclusion and institutional quality on environmental quality. Using panel data from 48 Asian economies between 1996 and 2020, heterogeneity, non-stationarity, and cross-sectional dependence are addressed using an econometric method called “dynamic common correlated effects (DCCE).” The empirical evidence confirms a significant relationship between environmental performance and financial inclusiveness. Furthermore, the findings also validated the inverted U-shape environmental Kuznets curve based on financial inclusiveness. Our research suggests that a strong institutional framework has the potential to mitigate the long-term negative consequences of financial inclusion on the environment. To establish coordinated control of environmental quality, the government fully utilizes the environmental regulation and digital inclusive finance environmental governance. Consequently, to achieve environmental sustainability, policymakers in Asian countries should develop policies that enhance financial inclusion and institutional quality.

show abstract

“…Many scholars have studied entrepreneurial development depending on the business environment to increase the number of entrepreneurs and the rate of business growth ( Sattari and Mehrabi, 2016 ; Khan et al, 2019 ; Radović-Marković et al, 2019 ; Jang et al, 2020 ). Other researchers have explored the positive effects of financial development on promoting entrepreneurship ( Civera et al, 2017 ; Léon, 2019 ; Hommel and Bican, 2020 ; Liu et al, 2020 ; Srivastava et al, 2021 ; Charfeddine and Zaouali, 2022 ). In addition, the development of innovation has contributed significantly to entrepreneurship and economic growth ( Huggins and Thompson, 2015 ; Ferreira et al, 2017 ; Pounder, 2019 ; Pradhan et al, 2020 ).…”

Section: Literature Reviewmentioning

confidence: 99%

Regional Entrepreneurship, Business Environment, and High-Quality Economic Development: An Empirical Analysis of Nine Urban Agglomerations in China

et al. 2022

View full text Add to dashboard Cite

The article selects socioeconomic data related to 146 prefecture-level cities included in nine city clusters from 2014 to 2018 to establish a city-level socioeconomic system in China. A sensitivity analysis of regional entrepreneurship and economic quality development based on system dynamics was conducted to explore the changes in regional entrepreneurship and economic quality development over time and their sensitivity factors. In this way, the dynamic evolution mechanism of the system can be portrayed, and the optimization of the system can be achieved through the coordination of the factors within the system. The article sets up three scenarios to explore the fluctuations in regional entrepreneurship and economic quality development when three sensitive factors, namely, business environment, financial services scale, and innovation environment, change. Findings: There are differences in the development of cities within city clusters. The business environment and high-quality economic development of the central cities within the city cluster are stronger than those of the non-central cities. Therefore, regions should focus on synergistic development within city clusters when formulating related policies. The variation of regional entrepreneurship development and economic quality development, after a factor in the system is changed, is asymmetric. Because the sensitivity of different urban clusters and the way they are affected by sensitive factors varies, the state should pay more attention to the adaptability of cities when formulating corresponding policy measures and adapt its policy measures to the sensitivity characteristics of each region according to local conditions.

show abstract

The effects of financial inclusion and the business environment in spurring the creation of early-stage firms and supporting established firms

Cited by 36 publications

References 38 publications

Institutional and individual determinants of entrepreneurial intentions: evidence from developing and transition economies

Institutional and individual determinants of entrepreneurial intentions: evidence from developing and transition economies

The role of institutional quality in assessing the environmental externality of financial inclusion: A DCCE approach

Regional Entrepreneurship, Business Environment, and High-Quality Economic Development: An Empirical Analysis of Nine Urban Agglomerations in China

Contact Info

Product

Resources

About