Identifying Factors of Fitness between Business Model and Entrepreneurial Opportunity for Effective Opportunity Exploitation

Farsi, Jahangir Yadollahi; Azizi, Maryam; Mohammadkazemi, Reza; Ziya, Babak

doi:10.20397/2177-6652/2019.v19i5.1775

Cited by 4 publications

(2 citation statements)

References 36 publications

(31 reference statements)

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“…To create or develop a successful business, it's important to ensure a good fit between the entrepreneurial opportunity and business model. This means designing a model that can capture market opportunities and evaluating opportunities that align with the business's strengths (Yadollahi Farsi et al, 2019). Therefore, this study adds to the existing research on the positive correlation between board structure and employee retention and engagement.…”

Section: Discussionmentioning

confidence: 99%

Does board structure influence employee retention?: A systematic literature review

Haryanto,

Setiawan,

Daryanto

2024

Hum. Resour. Manag. Serv.

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<p>Employee Engagement (EE) has become a crucial element for the success of any organization. While psychology has conducted extensive research on EE, accounting has yet to give it the attention it deserves. This systematic literature review (SLR) was conducted to explore the linkage between corporate governance (CG) practices and factors that drive employee engagement (EED) in greater detail. The review identified several key factors influencing EED: board composition, audit committees, top leadership expertise, network power, other stakeholders’ supervision, and above-board application. In particular, the study revealed that effective CG practices have positive EE consequences, such as increased staff morale, job satisfaction, and productivity, and decreased employee turnover rates. The study underlined the importance of an employee-centric culture that encourages empowerment and fosters a sense of belonging in achieving maximum business success. It suggests that companies must create a work environment that promotes EE, provides opportunities for growth and development, recognizes employee contributions, and fosters open communication and collaboration. By leveraging these insights, companies can enhance their business operations and achieve maximum success by fostering a culture of EE and empowerment. The study concludes that businesses prioritizing EE as a core value can create a sustainable competitive advantage, increase their reputation, and attract and retain top talent.<strong></strong></p>

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Section: Discussionmentioning

confidence: 99%

Does board structure influence employee retention?: A systematic literature review

Haryanto,

Setiawan,

Daryanto

2024

Hum. Resour. Manag. Serv.

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“…Additionally, SMEs contribute to larger enterprises by instilling vigor into economic competition (Belás et al 2015) and promoting both domestic and international trade (Dowling et al 2019). Furthermore, as SMEs navigate an ever-evolving landscape, they distinguish themselves through their rapid embrace of technological progress (Farsi et al 2019). Consequently, identifying and harnessing the factors that propel SME growth and development takes center stage, as their achievements hold far-reaching implications for the overall expansion and prosperity of the economy.…”

Section: Introductionmentioning

confidence: 99%

Perceived Risk and External Finance Usage in Small- and Medium-Sized Enterprises: Unveiling the Moderating Influence of Business Age

Adam

2024

JRFM

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The attainment of adequate finance remains a substantial hindrance for small- and medium-sized enterprises (SMEs) across many countries. This study aim to investigate the association between SMEs’ external finance utilization and perceived risk (PR). Additionally, it intends to explore the moderating role of business age (BAge) in the relationship between SMEs’ external finance utilization and PR. The study employed a structured online questionnaire to gather data from 711 SME owners/managers in Saudi Arabia. SmartPLS 4 software was utilized to analyze the research data. The results of the partial least squares structural equation modeling confirmed that the decision of SMEs to use external financing is significantly and negatively impacted by the PRs associated with external finance. Furthermore, BAge moderates the relationship between PR and SMEs’ external finance usage (EFU). However, the study found that BAge does not significantly affect both the PRs and the SMEs’ EFU. This study highlights the intricate dynamics of PR, BAge, and an SME’s decision to employ external finance. The practical and theoretical implications of the study findings are thoroughly discussed.

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What entrepreneurial skills are the key to startup finance performance?

Botella-Carrubi,

Ulrich-Berenguer,

Ribeiro Soriano

2023

Venture Capital

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Identifying Factors of Fitness between Business Model and Entrepreneurial Opportunity for Effective Opportunity Exploitation

Cited by 4 publications

References 36 publications

Does board structure influence employee retention?: A systematic literature review

Does board structure influence employee retention?: A systematic literature review

Perceived Risk and External Finance Usage in Small- and Medium-Sized Enterprises: Unveiling the Moderating Influence of Business Age

What entrepreneurial skills are the key to startup finance performance?

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