Workplace Spirituality and Job Satisfaction of Higher Education Teachers in India: Examining Occupational Stress as a Mediator

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Business Perspectives and Research, Ahead of Print.
Academicians, business professionals, and researchers are increasingly recognizing and appreciating the relevance of spirituality in the workplace. In the current high-risk and unpredictable climate, it is considered an important aspect to manifest in modern workplaces. Many researchers have investigated the impact of spirituality in the workplace on various job outcomes, but the mechanism through which spirituality affects the job outcomes of employees is still lacking in the literature. This study is a rigorous empirical attempt in this direction. The major goal of the study was to look at the function of workplace stress as a mediator between workplace spirituality and job satisfaction. A cross-sectional survey was done with 450 faculty members working in India’s higher education institutions. Structural equation modeling through partial least square (PLS-SEM) in the 3.3.2 version of SmartPLS has been applied to reveal the hypothesized relationship. The results of this article will help higher education institutions better understand the spiritual side of their faculty members and develop timely, suitable policies to increase their job satisfaction.

Environmentally Sustainable Business Practices in Micro, Small, and Medium Enterprises: A Sub-Saharan African Country Perspective

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Business Perspectives and Research, Ahead of Print.
In line with the natural resource-based view, this paper explores the sustainable business practices (SBPs) of Ghanaian micro, small, and medium enterprises (MSMEs). Qualitatively, the study interviewed eight MSME operators and middle-level managers purposively to assess their use of SBPs and how it affects their businesses. Data collected were edited, coded, and grouped under themes based on the Braun and Clarke thematic framework. The study identified holistic environmental management, eco-preneurship, and regenerative practices as the environmental stewardship drivers among Ghanaian MSMEs. Also, integrated vision and strategy, process efficiency and resource optimization, and risk profiling drive process excellence. Finally, sustainability-focused leadership, internal advocates and change agents, and ongoing education and awareness as drivers for sustainability-oriented culture. The business practices of organizations have continually impacted the immediate environment within which they operate. Consequently, there is a clarion call for businesses to engage in SBPs to mitigate the effect of their operations on the environment. The study brings to bear the SBPs Ghanaian MSMEs are engaged in and how they affect their operations and survival, especially in this era of sustainability.

Board Composition and Performance of Indian State-owned Enterprises: Moderating Role of Leverage

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Business Perspectives and Research, Ahead of Print.
Debt holders monitoring influence on the business performance has been noted in several research. Another body of research investigates the board of directors and performance linkages. The impact of debtholders on the board composition and firm performance linkage, particularly in State-Owned Enterprises (SOEs), has received little attention in the literature. As a result, this article aims to determine whether the composition of Indian SOE boards has an impact on their performance. It also looks into how leverage influences the association between the composition of Indian SOE boards and their performance. From 2001 to 2019, the panel data regression is performed on 19 Indian SOEs registered on the Bombay Stock Exchange. According to the study, board size, nominee directors improve Indian SOE performance, while independent directors reduce performance. Furthermore, in high-leverage SOEs, board of directors’ supervision is reduced or removed. The findings have implications for policymakers and the government.

Passion Amid the Pandemic: Applying a Person‐Centered Approach to Examine Cross‐Domain Multi‐Passion Profiles during a Crisis

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Abstract

We examine whether having cross-domain passion (i.e., harmonious and obsessive passion for work and for non-work activities) during the COVID-19 pandemic can help individuals fare better amid the crisis. Drawing from work-family boundary framework, we develop a provisional theory of cross-domain multi-passion, and in two studies, we use latent profile analysis to uncover five passion profiles – Dispassionate at Work and Play; Dispassionate at Work, Ambidextrous at Play; Harmonious at Work, Ambidextrous at Play; Harmonious at Work and Play; and Moderately Harmonious at Work and Play. In Study 1, we inductively explore these profiles and their relationships with life satisfaction. In Study 2, we replicate the number and content of these profiles, and test whether segmentation-integration preferences and work and non-work constraints predict the probability of individuals belonging to a certain profile. Overall, these profiles reveal how individuals can co-host multiple forms of passion simultaneously, and how doing so relate to their life satisfaction during the pandemic.

Institutional Divide, Political Ties, and Contested Corporate Governance Reform in Taiwan

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Abstract

This study attempts to address the question of under what conditions political ties buffer firms from, or bind firms to, political pressure. We draw attention to the institutional divide between the executive and legislative branches of a presidential democracy. Using the case of Taiwan, a ‘third wave’ democracy with relatively strong state intervention, we argue that the two branches differ in their respective institutional roles, basis of legitimacy, and resources in a context in which the regime is seeking to fulfil its national agenda and please floating voters. We posit that corporate ties to these respective branches exert divergent influence on the adoption of government-initiated but highly contested corporate governance reforms. Ties to the executive branch push firms to reform because they depend on the government for resources, while ties to the legislative branch act as a buffer to reform as legislators court the support of firms in pursuit of electoral gains. Empirical analysis of reforms to enhance board independence from 2002 to 2005 supports our thesis. Our study contributes to research on corporate political strategy and corporate governance reform, revealing how the structural fragmentation of the state can give rise to conflicting roles of political ties to different branches.