rss_2.0Economics and Business FeedSciendo RSS Feed for Economics and Businesshttps://sciendo.com/journal/EBhttps://www.sciendo.comEconomics and Business Feedhttps://sciendo-parsed.s3.eu-central-1.amazonaws.com/6471b6c9215d2f6c89dae52e/cover-image.jpghttps://sciendo.com/journal/EB140216Stress as a Method of Increasing Performance and Stimulating Innovation: A Synthesis of Literaturehttps://sciendo.com/article/10.2478/eb-2023-0015<abstract> <title style='display:none'>Abstract</title> <p>Constantly changing environment, rapid pace of technological development and increased competition have a significant impact on the working environment and the psycho-emotional state of employees. Stress, a human response to unpleasant environmental factors, is one of the most common problems. It affects the physiological and psychological states, and a long-term stressful environment may even cause irreparable damage. From an organisational point of view, it affects performance, job satisfaction, motivation, social relationships, and overall success and goal achievement. The aim of the paper is to present organisational stress in a positive context, which stimulates new ideas and methods, increases performance and professionalism of employees. To explore the issue, recent literature and research papers are discussed. The main conclusion is that coping with stress depends on the management and the employee’s personality. If appropriately managed and on time, it can become a stimulator of innovation and new ways of dealing with various challenges; moreover, it can increase performance. Organisations must have pre-defined approaches and methods, as well as relevant knowledge, to respond in a timely manner and promote both employee and organisational development.</p> </abstract>ARTICLEtruehttps://sciendo.com/article/10.2478/eb-2023-00152023-12-18T00:00:00.000+00:00Enhancing Patient Safety Through Leadership: A Comprehensive Literature Review on the Role of Head Nurses in Hospital Settingshttps://sciendo.com/article/10.2478/eb-2023-0014<abstract> <title style='display:none'>Abstract</title> <p>The aim of the study is to analyse the process through which nursing management affects patient outcomes to promote a culture of safety. Patient safety has moral, ethical, and economic implications. Medical errors significantly increase healthcare costs, prolong hospital stays and lead to the need for additional treatment, accompanied by legal expenses that can impact the reputation of a healthcare institution. Therefore, patient safety in healthcare is important, and the role of management in shaping this culture and practice is central. To achieve this goal, a systematic review is conducted, including searches in electronic databases such as PubMed, Scopus, Web of Science, EBSCO Discovery, MedLine, EBSCO host, and ScienceDirect, from the year 2013 onwards. Additionally, manual searches are carried out in leading journals in the field. After evaluating and analysing the articles, 28 remain, focusing on four main themes: nurse engagement and patient safety climate, the impact of management style on patient outcomes, challenges in implementing safety culture in practice, and innovative practices and general management skills. Based on the results, it can be argued that a transformative nursing leadership style plays a significant role in reducing unfavourable patient outcomes. These findings emphasize the involvement of nursing leaders and the associated challenges in addition to proposing strategies for enhancing patient safety and shaping the future of nursing management in the healthcare system.</p> </abstract>ARTICLEtruehttps://sciendo.com/article/10.2478/eb-2023-00142023-12-18T00:00:00.000+00:00The Role of Fintech in Bridging the Divide for Economic Empowermenthttps://sciendo.com/article/10.2478/eb-2023-0013<abstract> <title style='display:none'>Abstract</title> <p>The financial industry is experiencing transformation through the emergence of Financial Technology (Fintech) which brings forth fresh and innovative approaches to accessing and managing financial services. As digital financial services continue to disrupt traditional banking systems, they have the potential to significantly reduce disparity. This study explores the impacts of Fintech on promoting inclusion enabling access to capital and fostering economic empowerment. It sheds light on how Fintech advancements play a role in addressing economic gaps. Through a comprehensive review, this research highlights how Fintech innovations improve access for underserved populations. It examines both success stories and challenges faced in regions emphasising how adaptable Fintech solutions are within socioeconomic contexts, and ultimately underscores the power of Fintech as a catalyst for promoting inclusivity and empowerment in the economy. By providing insights into how Fintech divides, this study offers guidance for policymakers, financial institutions, entrepreneurs, and researchers who aim to leverage financial technology for fostering inclusivity and prosperity.</p> </abstract>ARTICLEtruehttps://sciendo.com/article/10.2478/eb-2023-00132023-11-27T00:00:00.000+00:00The Impact of Renewable Energy and Economic Growth on Environmental Pollution: Using Second-Generation Panel Techniqueshttps://sciendo.com/article/10.2478/eb-2023-0012<abstract> <title style='display:none'>Abstract</title> <p>This study examines the impact of economic growth, renewable energy consumption, and environmental stringency on environmental pollution within the framework of testing the environmental Kuznets hypothesis for 34 African countries during the period from 1990 to 2020 using second-generation panel estimation techniques. To ensure the stability of the variables, the study applied smoothing of the slopes, CADF, and CIPS unit root tests, and the Westerlund co-integration test to confirm the existence of a long-term balanced relationship between the variables based on the results obtained from the CCEMG model estimates of jointly correlated effects. The study confirmed the environmental Kuznets curve hypothesis in African countries, with the results indicating a relationship between growth and pollution in the form of an inverted “N”. Furthermore, it was found that the consumption of renewable energy reduced carbon dioxide emissions.</p> </abstract>ARTICLEtruehttps://sciendo.com/article/10.2478/eb-2023-00122023-11-26T00:00:00.000+00:00Transversal Skills in the Academic Curriculum of Management School Students in Algeriahttps://sciendo.com/article/10.2478/eb-2023-0011<abstract> <title style='display:none'>Abstract</title> <p>In a context of higher education reform, non-technical skills have gained a particular status as they are now placed at the core of educational programmes. This article aims to understand the involvement of higher education institutions (HEIs) and students in acquiring and developing non-technical skills. Accordingly, we conducted a quantitative survey among students at a management school. The results of this study suggest that students play an active role in their own skill development by engaging in scientific clubs, associations, and teamwork. However, this may not be sufficient to ensure better learning of cross-cutting skills, and higher education institutions must intervene by creating an environment conducive to this growth.</p> </abstract>ARTICLEtruehttps://sciendo.com/article/10.2478/eb-2023-00112023-11-17T00:00:00.000+00:00Consumer Practices at the Junction of the Digital Era and COVID 19 in Ali Mendjeli New Town, Constantine, Algeriahttps://sciendo.com/article/10.2478/eb-2023-0010<abstract> <title style='display:none'>Abstract</title> <p>Nowadays, beyond the spatial practices operated by inhabitants of Ali Mendjeli new town (Constantine) to build a new urbanity in a new framework, we note that the mode of consumption, consequence of globalization, also participates in this quest for identity formation. The health crisis of the COVID-19 pandemic that the whole world experienced in the last two years has changed the parameters of consumption practices among individuals. However, in this difficult situation, the inhabitants and commercial operators of the new town have shown their ability to adapt their consumption patterns and services. This study will attempt to identify the changes in consumption practices caused by COVID-19 and to determine adaptation capacities by mobilizing ICT-based means. The data show that most respondents are a young population predisposed to digital technology. Therefore, inhabitants have come to terms with home delivery and online shopping, which have grown significantly and have proven to be a viable purchasing option during this crisis. In this study, we projected the consumption practices and behaviours of inhabitants of Ali Mendjeli new town during the crisis of COVID-19 on Maslow’s theory of hierarchy of needs. The results constitute evidence that this theory has been proven in reality. The management of the pandemic COVID-19 has found a facilitating context in Ali Mendjeli new town that has allowed it to adapt with the effects of this crisis.</p> </abstract>ARTICLEtruehttps://sciendo.com/article/10.2478/eb-2023-00102023-11-09T00:00:00.000+00:00The Analysis of Masculinity in Advertising: A Qualitative Study Based on Consumer Perceptionshttps://sciendo.com/article/10.2478/eb-2023-0009<abstract><title style='display:none'>Abstract</title> <p>The aim of the research was to explore Generations Z’s perceptions of masculinity in advertising and determine which type of masculinity and which masculinity characteristics consumers favor in a masculine character or the advertising message centered around masculinity. The author conducted three focus groups with a demographic: Latvian Generation Z. Qualitative content analysis of the focus group interview transcripts was conducted using Nvivo 11 qualitative data analysis software. The research concluded that Latvia’s Generation Z preferred modern masculinity depictions in advertising over traditional ones, and advertisers should not depict masculinity with stereotypes but rather emphasize diversity, self-acceptance, and emotionality and depict masculinity as an important topic.</p> </abstract>ARTICLEtruehttps://sciendo.com/article/10.2478/eb-2023-00092023-10-26T00:00:00.000+00:00Renewable Energy, Environment and GDP in High-Income Countries: Evidence from Europehttps://sciendo.com/article/10.2478/eb-2023-0008<abstract> <title style='display:none'>Abstract</title> <p>The research paper considers the dual role of renewable energy in achieving environmental safety and promoting economic growth. The ARDL methodology was applied to data collected from high-income countries in Europe in the period 1990–2020.The results showed that there was a positive and strong effect of renewable energy on reducing CO<sub>2</sub> emissions in the long term, but its effect in the short term was weak. Fossil energy and economic growth positively affected the increase in emissions. Likewise, the expected role of renewable energy in promoting economic growth was partially achieved in the short term, but was not achieved in the long term. The study encouraged the efforts of European countries to promote and accelerate the transition towards renewable energy in order to promote environmental safety and achieve energy independence from abroad.</p> </abstract>ARTICLEtruehttps://sciendo.com/article/10.2478/eb-2023-00082023-10-13T00:00:00.000+00:00The Dollar and Gold: Which is the Safest Haven? COVID-19 Evidencehttps://sciendo.com/article/10.2478/eb-2023-0007<abstract> <title style='display:none'>Abstract</title> <p>This paper examines the dynamic correlation between the US dollar and gold prices during the coronavirus pandemic to determine which of the two assets is a safer haven from an investor’s perspective. The research utilises methods of analysis and synthesis of theoretical knowledge from published articles, literature, and official statistics websites. Data covering the period from January 1, 2020 to May 26, 2021, were primarily collected from the latest versions of these websites. The study includes a quantitative analysis of variables, including the Johansen cointegration test, the Granger causality test, and the error correction model. Our empirical analysis reveals a long-term equilibrium relationship between the US dollar and gold price. There is a oneway inverse causality relationship between the dollar and gold price. The results indicate that gold can be considered the safest haven from the investors’ perspective.</p> </abstract>ARTICLEtruehttps://sciendo.com/article/10.2478/eb-2023-00072023-09-16T00:00:00.000+00:00Re-Examining the Impact of Public Education Expenditure on South African Literacyhttps://sciendo.com/article/10.2478/eb-2023-0006<abstract> <title style='display:none'>Abstract</title> <p>Much empirical literature has focused on investigating the role of government expenditure in promoting long-term economic growth in South Africa. However, few studies in comparison have considered the impact of government spending on literacy level in the country. To this end, this paper examines the impact of government spending on literacy rate in South Africa using an Autoregressive Distributed Lag (ARDL) model with annual time series data over the period from 1994 to 2021. The key findings of this study are: (a) there is evidence of a long run relationship between government spending on education and the literacy rate in South Africa; (b) while the long run effect of government education spending on literacy is not significant, there is a statistically significant positive effect in the short run. These findings have several implications for policymakers and other stakeholders. Therefore, the study recommends that increased monitoring and evaluation mechanisms are desirable in the primary and secondary education sectors for accountability and reducing wastage of taxpayer funds. The Department of Education is also encouraged to re-consider current teacher training practices and fill long standing vacancies in the school sector that negatively impact education outcomes.</p> </abstract>ARTICLEtruehttps://sciendo.com/article/10.2478/eb-2023-00062023-07-22T00:00:00.000+00:00The Effects of Poverty on Health Outcomes in Nigeria: An ARDL Approachhttps://sciendo.com/article/10.2478/eb-2023-0005<abstract> <title style='display:none'>Abstract</title> <p>There is no doubt that individual makes up a nation. Thus, as health is a crucial component of one’s welfare, access to good healthcare is a prerequisite to attaining long-term economic growth that is both sustainable and prosperous. This study looks at the impact of poverty on people’s health in Nigeria. A time series data spanning 29 years, from 1991 to 2021 was used for the study. This data was estimated using Auto Regressive Distributed Lag (ARDL). In order to simulate how poverty affects health outcomes in Nigeria, the study utilized mathematical models to determine whether Nigeria health results (CO<sub>2</sub> emission, patients per physician, life expectancy rate, and poverty rate) responds to poverty shock. The study implies that, poverty shock has a big short-term influence on health outcome factors. The study suggested that in order to reduce high mortality rates government should focus more on improvement in health sector, particularly in the areas where there are less hospitals and basic healthcare facilities care is inadequate.</p> </abstract>ARTICLEtruehttps://sciendo.com/article/10.2478/eb-2023-00052023-07-22T00:00:00.000+00:00The Effect of Organisational Power on Structural Empowerment and Awareness of Ability Levels Among a Sample of Nurseshttps://sciendo.com/article/10.2478/eb-2023-0004<abstract> <title style='display:none'>Abstract</title> <p>The paper assesses the effect of organisational power on the structural empowerment of hospital nurses. The study also explores the degree to which nurses are able to take more responsibility in their work. Data were taken from 100 nurses of the Algerian public hospital. The model was tested by partial least squares path modelling. The results showed that organisational power positively affected structural empowerment. In addition, nurses have the ability to take on more responsibilities at work. Increasing nurses’ structural empowerment is an essential outcome. Therefore, it is necessary to move away from extreme centralization and try to share information, support, and experience with nurses, especially at public hospitals. Heads of nursing departments must share experience and information and delegate powers to nurses to enhance the effectiveness of their performance, especially in response to emergencies, and create the appropriate environment to enhance the empowerment of nurses.</p> </abstract>ARTICLEtruehttps://sciendo.com/article/10.2478/eb-2023-00042023-05-27T00:00:00.000+00:00The Impact of Female Entrepreneurship on Economic Growth in the Asean Countries: A Panel MM-QR Approachhttps://sciendo.com/article/10.2478/eb-2023-0003<abstract> <title style='display:none'>Abstract</title> <p>The purpose of this paper is to determine the significance of female entrepreneurship for economic growth in Southeast Asian countries. A panel data model was applied, with GDP per employed person serving as the dependent variable and seven key factors in female entrepreneurship serving as independent variables. Empirical panel quantile regression using the Method of Moments Quantile Regression (MM-QR) approach found that both the female entrepreneurship indicator and the female workplace indicator have a positive impact on economic growth. However, the Gender Inequality Index, Gender Development Index, female pay indicator, female parenthood indicator, and female marriage indicator all have negative effects.</p> </abstract>ARTICLEtruehttps://sciendo.com/article/10.2478/eb-2023-00032023-03-08T00:00:00.000+00:00The Interconnectedness of the Level of Education and Gender Equality in Selected Countrieshttps://sciendo.com/article/10.2478/eb-2023-0001<abstract> <title style='display:none'>Abstract</title> <p>The Sustainable Development Goals (SDGs) cover different human and planet well-being areas, and their achievement is interdependent. Which of the goals are crucial and leading in this process is a question that often arises. Quality education is considered a cornerstone for all the SDGs. On the other hand, gender equality is very connected with other goals, as most of them have gender-specific indicators. Quality education and gender equality are two of the SDGs in the social dimension that can reinforce the achievement of all other SDGs. However, quantitative research on the relationship between these two phenomena, taking into account other factors, is rarely taken in the literature. This article aims to fill this gap and investigate the nature of the interconnectedness of quality education and gender inequality in selected countries. We also examined other factors (i.e., economic, political, and cultural) that may influence the education level, gender equality problems, and the relationship between them. The methodology used in the research is the propensity score method, and the data cover 153 countries in the world. The results confirm the undisputable relationship between the level of education and gender equality but also identify other factors influencing the variables of interest. These are GDP per capita, level of democracy, and major religion, to name a few. The influence of these factors differs in strength and direction.</p> </abstract>ARTICLEtruehttps://sciendo.com/article/10.2478/eb-2023-00012023-01-28T00:00:00.000+00:00The Role of Environmental Monitoring in Promoting Green Creativityhttps://sciendo.com/article/10.2478/eb-2023-0002<abstract> <title style='display:none'>Abstract</title> <p>The main objective of the research article is to demonstrate the role played by environmental monitoring in promoting green creativity by creating competitive new products, services, processes, procedures and systems designed to use natural resources at the lowest level and to provide a better quality of life. The research relied upon the independent variable, i.e., environmental monitoring including different dimensions such as the technical field and environmental accounting. On the other hand, the dependent variable is green creativity and has four dimensions (such as green creative motivation, green creative thinking, green creative behaviour and green creative outcome). For this study, the researchers selected a sample of auditors and accountants associated with some of the factories in Iraq-Karbala Governorate, and the sample size was 138. To attain the objective, the analytical descriptive approach was adopted which was leveraged to answer the main question: Are the heads of organisations aware of the role played by environmental monitoring in promoting green creativity? The research question was answered by testing four hypotheses and all of them were verified. The research found that there was a weakness in environmental monitoring and green creativity in a few aspects. It was represented by the weak environmental awareness of the employees and organisations towards green creativity and environmental sustainability. The organisations did not show any interest in adopting materials with less environmental harm. Therefore, it is necessary to review the environmental laws in Iraq and reformulate them to be stringent in applying the environmental monitoring laws and imposing fines.</p> </abstract>ARTICLEtruehttps://sciendo.com/article/10.2478/eb-2023-00022023-02-08T00:00:00.000+00:00The Actions Carried Out by the Cyberparc Incubator of Sidi Abdellah During the Period of 2010–2020: State of Play and Perspectiveshttps://sciendo.com/article/10.2478/eb-2022-0002<abstract> <title style='display:none'>Abstract</title> <p>This paper aims to describe the actions carried out by the Cyber-park incubator of Sidi Abdellah during the period of 2010–2020 in order to support young project holders. The Cyber-park of Sidi Abdellah is the first Algerian experience of creating a technology park. The project is very ambitious; it reflects the Algerian political will to build an information society and accelerate the transition of Algeria to a knowledge economy. However, through our reading of the statistics provided, we can say that the number of project holders affiliated to the incubator of Sidi Abdullah, especially the number of projects accepted, is still far from the objectives presented by the incubator. On the other hand, we have found that the Cyber-park incubator focuses much more on the training of entrepreneurs, while the financial side is totally absent.</p> </abstract>ARTICLEtruehttps://sciendo.com/article/10.2478/eb-2022-00022022-03-03T00:00:00.000+00:00Safety Culture Approach For Healthcare And Nursing Institutionshttps://sciendo.com/article/10.2478/eb-2022-0014<abstract> <title style='display:none'>Abstract</title> <p>There are a few ways how to increase the rate of employees’ safety culture at an institution, one of these is a positive safety culture, which includes their proper attitudes, safety-related values, staff members’ professional competences, and their willingness to work. The key element in the offering of quality and safe services in healthcare is a positive safety quality according to definitions. The aim of the current paper is to identify potential predictors of employees’ safety behaviour and determine safety culture subcultures that support operational manager to develop proactive safety management systems (SMSs) and offer safety of patients and employees. Two independent surveys were the basis of the new proposed approach. Quantitative method approach was selected to investigate safety culture subcultures in Estonian healthcare and nursing institutions. According to the proposed approach, there are crucial subcultures (e.g., just, reporting, learning, professional competences, and psychosocial well-being), which should be developed and periodically evaluated within an organisation. This measurement should have a clear and shared understanding of patient safety goals and occupational health and safety (OHS). The general management of organisations should consider implementation of assessment as a proactive approach to use the SMSs. The sustainability and proactivity of the proposed approach lies in defining action plans for continuous improvement and employees’ involvement in patient safety and OHS management.</p> </abstract>ARTICLEtruehttps://sciendo.com/article/10.2478/eb-2022-00142022-12-27T00:00:00.000+00:00Work Ability and Psychosocial Factors in Healthcare Settings During COVID-19 Pandemic – Specific Focus on Ageing Workershttps://sciendo.com/article/10.2478/eb-2022-0011<abstract> <title style='display:none'>Abstract</title> <p>The paper aims to find out what kind of impact socio-demographic and psychosocial factors have on the work ability among healthcare workers during COVID-19 pandemic – specific focus on ageing workers. Work Ability Index (WAI) and the short version of the Copenhagen Psychosocial Questionnaire (COPSOQ-III) were used to analyse the impact. 424 healthcare workers from Georgian and Estonian hospitals (including doctors and nurses) answered the questionnaires. On average, the sample had a good work ability, with 48.8 % viewing it as good and 29.3 % as excellent in Georgia, and 53.6 % of participants had a good and 15.4 % excellent work ability in Estonia. The COPSOQ showed critical values in the scales of “work pace” and “emotional demands”. These results were expected as the data were collected during the pandemic period. “Sleep troubles”, “burnout”, “depressive symptoms”, and “insecurity over working conditions” were the risk factors more likely associated with ageing (+55) health workers than younger ones. The scales “quantitative demands”, “work pace”, “job insecurity”, “burnout”, “stress”, “sleep troubles”, “offensive behaviours” and “depressive symptoms” were in negative correlation with WAI. The results show that the work ability is higher when these factors are lower. The scales “role clarity”, “recognition”, “sense of community at work”, “quality of leadership”, “organisational justice”, “self-efficacy”, “meaning of work”, “job satisfaction” and “possibilities for development” were the risk factors in positive correlation with WAI, thus acting as work ability preservative aspects.</p> </abstract>ARTICLEtruehttps://sciendo.com/article/10.2478/eb-2022-00112022-12-08T00:00:00.000+00:00Necessity of Budget Deficit Under Economic Growth in Monopolistic Competitionhttps://sciendo.com/article/10.2478/eb-2022-0001<abstract> <title style='display:none'>Abstract</title> <p>The aim of the paper is to show, using a simple two-period overlapping generations model in which goods are produced solely by labour in a monopolistically competitive industry, that a continuous budget deficit (including the interest payments on government bonds) is necessary to achieve and maintain full employment under economic growth driven by technological progress. Since the budget deficits must be continuous, it might be better if they were financed by seigniorage rather than government debt. Since the budget deficit due to the issuance of government bonds puts pressure on fiscal expenditures in the amount of interest payments, a budget deficit of the same size due to seigniorage is a more effective use of the budget. It will also be shown that to achieve full employment from a recession with involuntary unemployment the extra budget deficit is necessary.</p> </abstract>ARTICLEtruehttps://sciendo.com/article/10.2478/eb-2022-00012022-02-20T00:00:00.000+00:00The Governance Effect on the Performance of an Urban Projecthttps://sciendo.com/article/10.2478/eb-2022-0003<abstract> <title style='display:none'>Abstract</title> <p>The aim of the paper is to offer project governance from a unique urban viewpoint that connects corporate, project, and urban governance by analysing a case study to understand how different internal project governance mechanisms can influence corporate and urban governance. The research examines the theoretical basis to determine the theoretical framework and empirical data about the impact of project governance. Then, conclusions are reached, and new research areas are suggested. The findings of the research indicate that no governance considerations have been made during the pre-planning stages of urban projects, and empirical evidence does not always go with the theoretical background. Further research is therefore required to elucidate this relationship. Thus, the article updates the state of the art on governance performance for empirical study by generalizing it across other projects to derive more conclusions that are accurate and adapt to contemporary circumstances.</p> </abstract>ARTICLEtruehttps://sciendo.com/article/10.2478/eb-2022-00032022-04-13T00:00:00.000+00:00en-us-1