Does Group Maturity Affect Savings and Investment Behaviour of Women: Empirical Investigation of Self-Help Groups in Uttar Pradesh

Gupta, Tanushree; Singh, Udai Bhan

doi:10.1177/00219096231153156

Cited by 3 publications

(1 citation statement)

References 14 publications

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“…Some empirical studies report that board gender diversity has a positive and significant effect on firm performance (Galletta, Mazzù, Naciti, & Vermiglio, 2022;Islamet al, 2022;Nerantzidiset al, 2022;Veltri, Mazzotta, & Rubino, 2021). However, others suggest that board gender diversity has an insignificant effect on firm performance (Zaid, Wang, Adib, Sahyouni, & Abuhijleh, 2020;Singh et al, 2023). A growing body of literature suggests that board gender diversity moderates the relationship between corporate governance and firm performance (Jiang et al, 2021;Li, de Villiers, Li, & Li, 2022;Naeem, Karim, Nor, & Ismail, 2022).…”

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confidence: 99%

Corporate Governance Mechanisms and Performance of Travel Agencies and Tour Operators in Mombasa County, Kenya

OCHIENG,

KISING’U, PhD

2023

strategicjournals.com

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The use of tour operators and travel agents are the two well-known intermediaries in the tourism industry that help distribute information about tourist destination. However, the performance of tour operators and travel agents has been on the decline in the recent past. The basic rationale of corporate governance mechanisms is to increase the performance of firms. However, the effect of corporate governance mechanisms on firm performance is one of the most controversial research questions. The link between corporate governance and firm performance is still not fully established. The purpose of this study was to examine the effect of corporate governance mechanisms on performance of travel agencies and tour operators in Mombasa County, Kenya. Specifically, the study examined the effect of board meetings, board independence, board composition and board size on performance of travel agencies and tour operators in Mombasa County, Kenya. The theoretical framework was anchored on the agency theory, stewardship theory, and stakeholder theory. The study employed the correlational, cross-sectional survey research design to test non-causal relationships among study variables. The target population consisted of 40 travel agencies and 121 tour operators in Mombasa County, Kenya. The proportionate stratified random sampling technique was utilized to select a sample size of 29 travel agencies and 86 tour operators in Mombasa County, Kenya. The unit of observation consisted of the chief executive officer, while the unit of analysis consisted travel agency and tour operator. A pilot study was conducted to ascertain the validity and reliability of the constructed survey questionnaire. The pilot trial sample size consisted of 9 travel agencies and 26 tour operators in Mombasa County, Kenya. The pilot study results suggested that the items in the developed survey questionnaire had acceptable validity and acceptable reliability. A cross-sectional survey-based approach was used to collect primary data. With the help of 3 research assistants, the researcher utilized the drop and pick method to distribute a total of 115survey questionnaires. The collected data were processed and entered into the statistical package for social sciences (SPSS) version 26 to create a data sheet used for statistical analysis. The collected data was analyzed using descriptive statistics and inferential statistics. The Pearson's product moment correlation analysis was performed to confirm or deny the relationship between the study variables. The Pearson's correlation results showed that board meetings, board independence, board composition and board size had positive and significant relationship with the performance of travel agencies and tour operators in Mombasa County, Kenya.

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Section: Introductionmentioning

confidence: 99%

Corporate Governance Mechanisms and Performance of Travel Agencies and Tour Operators in Mombasa County, Kenya

OCHIENG,

KISING’U, PhD

2023

strategicjournals.com

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Rawls’ difference principle, self-help group, financial inclusion and social cohesion—lore or actuality? Experience of Central Assam

Maity

2024

Humanit Soc Sci Commun

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Microfinance is an alternative banking service available to low-income individuals or organizations for whom no institutional financial services are available. A widely accepted approach to assisting disadvantaged and excluded communities, especially in remote rural areas, is microcredit. The purpose of microfinance is to promote financial equality and inclusion by acting as a substitute for traditional lending methods for the marginalized. In India, Self-Help Groups (SHGs)—Bank Linkage Program that led microfinance—gained maximum popularity. The National Bank for Agriculture and Rural Development architected this model. In this model, Grameen Banks are associated with SHGs. The model is familiar as the SHG-Bank Linkage Program (SBLP). A microfinance program’s theoretical foundation is the “Rawls’ Difference Principle” embedded in the “Theory of Justice.” The microcredit program, through the Self-Help Group-Bank Linkage Program (SBLP), gained maximum popularity in India. These SBLPs are registered with the “Deendayal Antyodaya Yojana—National Rural Livelihoods Mission (DAY-NRLM)” under the scheme Aajeevika. In harmony with “Rawls’ Difference Principle,” the ultimate goal of Aajeevika is social cohesion for all. The current study aims to assess the effectiveness of the SBLP-driven microfinance program in promoting financial inclusion. Furthermore, unlike earlier studies, the present study also considers whether or not involvement in SBLP increases social cohesion, which is a crucial component of the Difference Principle. The empirical research is conducted using novel data collected through a field survey of 335 participants and 490 non-participants from Nagaon, Morigaon, and Hojai districts of Central Assam. The “Propensity Score Matching” method facilitates the impact analysis of SBLP. The participation decision in the SBLP is positively influenced by the level of education. Empirical results also indicate that Hindus and low-caste women are interested in participating in SBLP. Contrarily, distance from the bank and operational land holdings are negatively influencing the participation decision. The empirical findings support higher financial inclusion through SBLP involvement but do not support greater social cohesion. Based on the empirical results, we suggest that more SBLPs be enrolled with DAY-NRLP under “Aajeevika.” Simultaneously, social cohesion may be achieved only by guaranteeing participation for every deserving individual, irrespective of religion, caste, and class.

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A Systematic Literature Review and Research Agenda of Financial Literacy, Investment Behavior and Risk Tolerance of Indian Women Investors

Harinakshi,

Goveas

2023

IJCSBE

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Purpose: This article systematically reviews the literature published in the last 20 years on Financial Literacy, Investment Behavior, and Risk Tolerance of Indian Women Investors and other related topics. The paper emphasizes recognizing and addressing gaps in existing research by posing specific queries for future studies. Methodology: A systematic literature review (SLR) has been conducted on a considerable amount of peer-reviewed research articles that were published over a span of two decades. This research article's significance is determined by analyzing the journal publication, year, statistical techniques used, citation analysis, and text analysis on the literature related to relevant areas. The survey on literature focuses on significant aspects such as financial literacy, investment behavior, risk tolerance levels, and preferred investment avenues for Indian women investors. Finally, both the research gap and research agenda are scrutinized for further studies. Findings/Result: Most studies have shown that Indian female investors are risk-averse and not willing to take significant risks. Indian women investors tend to prioritize safety over high returns when investing their funds. Their preferred investment options are ornamental gold and bank deposits because these investors have a poor level of awareness regarding the stock market and mutual fund investments. Originality/Value: This is one of the few significant studies on this topic as per the best knowledge of the author. This article is valuable in understanding the present status and the existing gap in the literature for academicians, researchers, and professionals in capital markets. Paper Type: Literature Review

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Does Group Maturity Affect Savings and Investment Behaviour of Women: Empirical Investigation of Self-Help Groups in Uttar Pradesh

Cited by 3 publications

References 14 publications

Corporate Governance Mechanisms and Performance of Travel Agencies and Tour Operators in Mombasa County, Kenya

Corporate Governance Mechanisms and Performance of Travel Agencies and Tour Operators in Mombasa County, Kenya

Rawls’ difference principle, self-help group, financial inclusion and social cohesion—lore or actuality? Experience of Central Assam

A Systematic Literature Review and Research Agenda of Financial Literacy, Investment Behavior and Risk Tolerance of Indian Women Investors

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