Business, Management and Economics Engineering
type: channel
description: Journal Business, Management and Economics Engineering publishes original research on economics, business and management. More information ...
publisher: Vilnius Gediminas Technical University
language: en
publication name: Business, Management and Economics Engineering
issn: 2669-2481
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items: A conceptual maturity model for social entrepreneurship within the framework of integrated reporting
items: Validating an AHP-based decision-support framework for AI adoption in public administration
items: Emerging intermediation role configurations in innovation ecosystems
items: Digital financial services usage and its effect on financial literacy: Indonesian evidence
items: An ISS-grounded structural model of QRIS usage: quality, trust, and intention-behavior translation: Evidence from Indonesia
items: Assessment of European Union countries’ positions in the context of circular economy
items: Does green human resources management pay off? The mediating role of green innovation and employee attitude in sustainable supply chain management
items: EU vs. China: battle for trade and investments within a small open economy
items: Macroeconomic determinants of private credit in EU member states: evidence from a 27-country panel
items: Building human capital and dynamic managerial capability to elevate organizational agility and performance: a strategic for SME resilience
items: Tax competitiveness and business R&D expenditures: do taxes matter for innovation?
items: Balancing workplace stress: empirical insights from the IMPRESS project
items: Artificial intelligence as a strategic lever for enhancing performance in service sector supply chains: a systematic literature review
items: Modelling asymmetric and long memory volatility in green innovation stocks: fiegarch analysis of S&P BSE Greenex
items: Digital banking through a gender lens: examining trust and perceptions of Neobanks
items: The effectiveness of digital transformation on improving firm performance: evidence from Indonesia
items: Navigating success: portfolio management through risk and performance analysis
items: Economic instability and its effect on brand preferences: big data examination of self-image and online shopping conduct
items: Augmented reality vs. monetary rewards: which drives pro-environmental behavior more effectively among the Indonesian workforce?
items: Enhancing organizational citizenship behaviors through HRM practices: insights from employee perceptions in Moroccan firms
items: Effects of the moderating role of trendiness on brand image, E-WOM, brand attitude and online purchase intention
items: Models for implementing changes in motivational factors
items: Evaluating the performance of Moroccan social incubators: an SFA analysis of youth platforms under the national initiative for human development
items: Alignment of innovation diffusion and project management to increase logistics digitalization
items: Determinants of the sustainability of capability-based culinary businesses: evidence from urban areas in Central Java Province
items: Culinary resilience in a globalized world: how social norms negotiate tradition and adaptation
items: Evaluating the effectiveness of the Czech national bank’s monetary policy: a longitudinal study since 1997
items: Human capital and organisational outcome: mediation and moderation model
items: Evaluating financial viability of boilers in palm oil mills under processing capacity variability: a case study approach
items: Utilizing flexible working arrangement into organizational citizenship behavior: a double mediation model

A conceptual maturity model for social entrepreneurship within the framework of integrated reporting
type: item
description: Purpose – This article addresses socioeconomic sustainability in social entrepreneurship. It aimed to develop a conceptual maturity model for social entrepreneurship to help evaluate and enhance performance while aligning with stakeholder expectations. Research methodology – The model was developed using text analysis methods by analysing integrated reporting and social entrepreneurship scientific literature, followed by expert surveys in Latvia and Georgia to assign indicator weights. Findings – The designed model incorporates integrated reporting principles and social entrepreneurship values as performance indicator dimensions and concepts. Four performance levels were defined, with weights distributed according to expert input. Research limitations – The model is conceptual and not yet empirically validated. Applicability may vary across cultural and sectoral contexts. Practical implications – The model provides a tool for social entrepreneurship initiatives and enterprises to assess maturity, guide strategic development, and increase appeal to investors by demonstrating long-term value creation. It can be used in an Excel spreadsheet. Originality/Value – This is the first maturity model for social entrepreneurship based on the integrated reporting framework, enabling socioeconomic sustainability through integration of the six capitals and other aspects of long-term value creation within a single business model. It also helps reduce the risk of moral disengagement among social entrepreneurship leadership and employees.
subject: Articles
  topic: section
subject: social entrepreneurship
  topic: keywords
subject: maturity model
  topic: keywords
subject: integrated reporting framework
  topic: keywords
creator: Kristine Uzule
creator: Jevgenija Dehtjare
creator: Aija Sannikova
creator: Edgars Čerkovskis
creator: Diana Lapkis
creator: Lika Kiladze
rights: Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2026-08-27
publication date: 2026-08-27
starting page: 407
ending page: 438
doi: 10.3846/bmee.2026.24125

Validating an AHP-based decision-support framework for AI adoption in public administration
type: item
description: Purpose – This study validates a multi-criteria decision-support framework for assessing organisational readiness for Artificial Intelligence (AI) adoption in public administration, with a specific focus on municipal administration. Validation ensures that the results are conceptually sound, credible, reliable, and robust. Research methodology – The framework integrates the Technology-Organisation-Environment (TOE) and Unified Theory of Acceptance and Use of Technology (UTAUT) approaches into a hierarchical readiness structure, operationalised through the Analytical Hierarchy Process (AHP). Expert judgments were aggregated using pairwise comparisons to derive criteria’ weights and support group decision-making. Validation combined expert assessment of conceptual coherence, completeness, clarity, interpretability, scale suitability, and practical utility with robust- ness testing across different Multi-Criteria Decision-Making methods (MCDM). Findings – Voluntariness of use, behavioural intention to use AI, social influence, innovation and readiness for change, skills and expertise, data, and leadership represent central AI-readiness conditions. Expert validation supports the relevance and usability of the proposed hierarchy for AI-readiness assessment. Rankings across alternative MCDM methods showed strong convergence, indicating stable assessment outcomes despite differences in aggregation logic. Research limitations – The framework was validated using three empirical organisational cases in public administration, along with five synthetically constructed readiness profiles for methodological testing, which may limit the generalisability of the findings. Practical implications – The framework helps administrations diagnose AI-readiness gaps, benchmark organisational capabilities, and prioritise improvement measures related to AI adoption. Originality/Value – The study contributes to a validated AI-readiness assessment framework that integrates structured expert jud…
subject: Articles
  topic: section
subject: expert validation
  topic: keywords
subject: MCDM methods
  topic: keywords
subject: decision-support framework
  topic: keywords
subject: AHP
  topic: keywords
subject: AI adoption
  topic: keywords
creator: Primož Pevcin
creator: Katja Debelak
creator: Rok Hržica
rights: Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2026-08-21
publication date: 2026-08-21
starting page: 387
ending page: 406
doi: 10.3846/bmee.2026.27100

Emerging intermediation role configurations in innovation ecosystems
type: item
description: Purpose – Innovation ecosystems rely on intermediaries, yet intermediation is often conceptualised as a static role tied to fixed entities. This paper develops an adaptive intermediation concept, explaining how a designated governance unit reconfigures its connecting, facilitating, and integrating functions as ecosystem maturity and urgency evolve. Research methodology – We adopt a dynamic capabilities perspective to develop a theoretical framework for this research based on literature analysis and conduct an empirical single-case study of Latvia’s smart-city ecosystem, to complement our theoretical findings by the analysis of empirical phenomena, and to design our theoretical propositions. Findings – The governance unit’s effectiveness in the innovation ecosystems relies on its capability to reconfigure intermediation functions. We identify three evolving configurations of governance: (1) connecting, (2) facilitation, and (3) directive integration under high urgency, and explain their reconfiguration in the innovation ecosystems. Research limitations – Empirical evidence for this research comes from a pilot exploratory study of a single civic-innovation ecosystem; therefore, the applicability and transferability of the research findings should be further tested through comparative multi-case and mixed-method longitudinal studies. Practical implications – The findings of this research provide a diagnostic lens for ecosystem managers and policymakers to anticipate when to prioritise coordination, facilitation, and brokerage, or an integration approach, and how to project the intermediary role within the ecosystem. Originality/Value – This study shifts intermediary theory from type-based categorisation towards a processual, capability-based approach of the intermediary role reconfiguration aligned with ecosystem evolution.
subject: Articles
  topic: section
subject: ecosystem governance
  topic: keywords
subject: innovation ecosystems
  topic: keywords
subject: intermediaries
  topic: keywords
subject: open innovation
  topic: keywords
subject: sustainability
  topic: keywords
creator: Kristaps Banga
creator: Asta Radzevičienė
creator: Elīna Gaile-Sarkane
rights: Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2026-08-07
publication date: 2026-08-07
starting page: 365
ending page: 386
doi: 10.3846/bmee.2026.26187

Digital financial services usage and its effect on financial literacy: Indonesian evidence
type: item
description: Purpose – The present study helps to explore the determinants of Digital Financial Literacy (DFL) in Indonesia by considering the interaction of knowledge, attitudes, financial ability, and digital financial services in determining the level of literacy. Research methodology – The data was gathered on 200 demographically varied people and were analyzed with the help of Partial Least Squares Structural Equation Modeling (PLS-SEM) to measure correlations between the variables and their reliability, validity, and predictive abilities. Findings – Digital financial knowledge emerged as the strongest predictor of literacy (β = 0.296, p < 0.001), followed by financial capability (β = 0.237, p = 0.007) and user attitudes (β = 0.214, p = 0.004), while digital financial service usage showed only a weak and marginally significant effect (β = 0.105, p = 0.051). Education level significantly moderated the impact of knowledge on literacy (β = 0.175, p < 0.01), and gender influenced the link between capability and literacy (β = 0.192, p < 0.05). These results highlight that digital inclusion in Indonesia de-pends not only on access but also on enhancing financial knowledge, capability, and equitable digital literacy across regions and demographic groups. Research limitations – The study focused exclusively on the Indonesian context, potentially limiting generalizability to other markets with different digital infrastructure and financial ecosystems. Practical implications – Findings suggest policymakers and industry professionals should develop comprehensive approaches that integrate educational initiatives, skill development, and user-friendly service design rather than simply expanding service availability. Originality/Value – This research uniquely identifies the gap between digital financial service availability and actual literacy levels, challenging the assumption that increased access automatically enhances financial literacy.
subject: Articles
  topic: section
subject: attitudes and behavior
  topic: keywords
subject: digital financial service
  topic: keywords
subject: digital financial literacy
  topic: keywords
subject: knowledge and understanding
  topic: keywords
subject: digital financial capability
  topic: keywords
creator: Sylviana Maya Damayanti
creator: Arinda Mentari Putri
creator: Aghnia Nadhira Aliya Putri
creator: Fadrian Dwiki Maulanda
rights: Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2026-07-30
publication date: 2026-07-30
starting page: 346
ending page: 364
doi: 10.3846/bmee.2026.23406

An ISS-grounded structural model of QRIS usage: quality, trust, and intention-behavior translation: Evidence from Indonesia
type: item
description: Purpose – This study examines how Indonesia’s QRIS translates willingness into actual use via the Information Systems Success (ISS) model, focusing on quality dimensions, trust, regulatory support, and the intention-behavior link. Research methodology – A survey of 493 QRIS users (March–August 2025) was analyzed using PLS-SEM with 5,000 bootstrap resamples to test hypothesized relationships and the moderating role of perceived regulatory support. Findings – Information quality was the strongest driver of trust (β = 0.539, t = 13.793), followed by system quality (β = 0.305, t = 8.449) and service quality (β = 0.086, t = 2.784). Trust significantly increased intention to use (β = 0.393, t = 7.908), while perceived regulatory support did not moderate the trust–intention link (β = 0.033, t = 0.655). Intention strongly predicted actual use (β = 0.762, t = 32.762), with substantial explained variance (R²trust = 0.678; R²intention = 0.595; R²use = 0.581) and acceptable model fit (SRMR = 0.078). Research limitations – The information-quality measure emphasizes presentation/usability over content veracity, which may inflate its effect on trust; future studies should disaggregate these facets (e.g., hierarchical/bifactor models). The model omits factors such as habit, social influence, incentives, merchant density, and perceived risk-multi-level data are advised. Practical implications – To convert intention into real payment behavior, providers should prioritize interface clarity and transaction-confirmation cues (readable amounts, fast receipts, clear failure explanations), system responsiveness and task completion reliability, and service recovery mechanisms (guided dispute/refund flows with predictable resolution). Originality/Value – This study offers early empirical evidence applying ISS to a national interoperable QR ecosystem and quantifies the trust-based mechanism linking quality perceptions to actual fintech usage, providing actionable guidance for QRIS providers a…
subject: Articles
  topic: section
subject: information quality
  topic: keywords
subject: service quality
  topic: keywords
subject: system quality
  topic: keywords
subject: trust
  topic: keywords
subject: intention to use
  topic: keywords
subject: actual usage
  topic: keywords
creator: Adi Prasetyo Tedjakusuma
creator: Waiphot Kulachai
rights: Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2026-07-09
publication date: 2026-07-09
starting page: 322
ending page: 345
doi: 10.3846/bmee.2026.25324

Assessment of European Union countries’ positions in the context of circular economy
type: item
description: Purpose – Assess the level of the circular economy in EU countries between 2020 and 2023, ranking them according to circular economy indicators and identifying changes in their positions. Research methodology – The study used the European Commission’s 2023 set of indicators to evaluate the performance of the circular economy across EU countries. Twenty-three indicators were selected based on data availability. Missing data were forecasted using the moving average method to ensure completeness for subsequent analysis. The CRITIC method was then applied to determine indicator weights and rank countries, followed by the TOPSIS multi-criteria decision-making approach to evaluate and compare national positions. Findings – The results show stable circular economy levels across the EU but with clear gaps between leading and lagging countries. Germany, the Netherlands, and Italy perform strongest, while Bulgaria and Romania progress slowly due to structural constraints. Lithuania, Austria, and other mid-tier countries advance gradually, with ranking shifts revealing uneven implementation of the EU Circular Economy Action Plan. Overall, the findings compare national progress and highlight key drivers and barriers to the transition. Research limitations – The study was constrained by incomplete and inconsistent EU statistical data, which required applying the Moving Average method to estimate missing values. In addition, the absence of a standardised composite indicator framework limited methodological comparability. Future research should prioritise improving data availability and creating unified guidelines for building composite indicators to strengthen reliability and cross-country benchmarking. Practical implications – The results provide policymakers and industry stakeholders with a clear ranking of EU countries’ progress in implementing circular economy principles, enabling targeted improvement strategies. The proposed methodology can be used to monitor nation- al perf…
subject: Articles
  topic: section
subject: circular economy
  topic: keywords
subject: sustainability
  topic: keywords
subject: European Union
  topic: keywords
subject: multi-criteria decision-making
  topic: keywords
subject: CRITIC-TOPSIS
  topic: keywords
creator: Žaneta Karazijienė
creator: Augustė Buivydaitė
rights: Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2026-04-30
publication date: 2026-04-30
starting page: 255
ending page: 275
doi: 10.3846/bmee.2026.25686

Does green human resources management pay off? The mediating role of green innovation and employee attitude in sustainable supply chain management
type: item
description: This research demonstrates that the relationship between Green Human Resource Management (GHRM) practices and Sustainable Supply Chain Management (SSCM) performance is mediated by organizational capabilities rather than a direct process, and this effect is supported by the Resource-Based View (RBV). Research methodology – For the study, data were collected from a total of 476 participants from 71 companies operating in the textile sector and engaging in green management processes in the Southeastern Anatolia Region of Turkey. The significant role the region plays in machine-made carpet production was a key factor in this selection. Findings – It has been observed that GHRM enhances a company’s product and process in- novation capacity; it also reveals a critical distinction between the impacts of different innovation types. Process innovation plays a strong role in enhancing environmental performance through internal improvements. Additionally, it has been observed that concern is a stronger motivator than knowledge in achieving sustainability goals. Research limitations – The cross-sectional design of the study limits definitive proof of causal relationships between variables, it is recommended that future studies utilize longitudinal de- signs that can monitor the long-term effects of GHRM. Practical implications – The social aspect of sustainability in SSCM can be achieved by visible product innovations. Additionally, the perception gap between senior management and operational employees has been identified as the primary obstacle to implementing sustainability strategies. It has been emphasized that addressing this gap requires mobilizing emotional concern, a driving force stronger than purely cognitive knowledge. Originality/Value – This study brings together a detailed model by examining the effect of GHRM on SSCM relationship mediated by different innovation and attitude types simultaneously. This gives a more nuanced and applicable information.
subject: Articles
  topic: section
subject: green human resources management
  topic: keywords
subject: sustainable supply chain management
  topic: keywords
subject: environmental attitudes
  topic: keywords
subject: green innovation
  topic: keywords
creator: Mehmet Seyhan
creator: Ieva Meidutė-Kavaliauskienė
rights: Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2026-02-26
publication date: 2026-02-26
starting page: 104
ending page: 123
doi: 10.3846/bmee.2026.25544

EU vs. China: battle for trade and investments within a small open economy
type: item
description: Purpose – Small open economies face various economic challenges that require different institutional solutions. This study presents a quantitative analysis of data collected through a Delphi survey, examining the current state and potential trends in Serbia’s relations with the EU and China. The research offers insights into how a small economy, such as Serbia, might strategically plan its development by implementing experts’ opinions. Research methodology – Delphi analysis was employed as the primary methodological tool. It provided experts’ opinions about Serbia’s position vis-à-vis the EU and China regarding foreign direct investments and trade flows. Findings – Experts believe Serbia will maintain cooperation with both the EU and China but are more optimistic related to economic relations with China. While the EU remains an important partner, stronger economic ties with China are unlikely to diminish the EU’s role. Research limitations – Conducting the Delphi survey online introduced constraints, namely differences between online and in-person opinions, a limited number of questions given to experts, time restrictions, and the scarcity of publicly available data for expert analysis. Practical implications – Survey findings could be used by relevant Government bodies and institutions to formulate policies or scenarios for emergency situations. Originality/Value – This type of survey was not conducted in Serbia before, nor were there other relevant papers that could be used to compare the results, which testifies to its originality.
subject: Articles
  topic: section
subject: European Union (EU)
  topic: keywords
subject: China
  topic: keywords
subject: Serbia
  topic: keywords
subject: trade
  topic: keywords
subject: investments
  topic: keywords
creator: Filip Ž. Bugarčić
creator: Sanja Filipović
creator: Katarina Zakić
rights: Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2026-03-04
publication date: 2026-03-04
starting page: 208
ending page: 225
doi: 10.3846/bmee.2026.25457

Macroeconomic determinants of private credit in EU member states: evidence from a 27-country panel
type: item
description: Purpose – This study examines the macroeconomic determinants of private credit in European Union (EU) member states, focusing on interest rates, inflation, unemployment, household income and expenditure, and housing prices. It aims to identify key drivers of household borrowing and assess how macroeconomic conditions shape credit dynamics across the EU. Research methodology – The analysis covers 27 EU countries over the period 2001–2023 and applies panel-data econometric techniques, including ordinary least squares, fixed-effects, and random-effects models, to examine linear and nonlinear relationships. Findings – The results show that interest rates exert the strongest negative effect on private credit volumes. The gap between household expenditure and income is positively and significantly associated with household debt, indicating increased reliance on borrowing when consumption growth outpaces income growth. By contrast, housing prices, unemployment, and the nonlinear effects of the expenditure-income gap are not statistically significant. Research limitations – Data availability limits the scope of cross-country comparison. Practical implications – Policymakers should prioritise interest rate management, income growth, and labour market stability to support sustainable household indebtedness. Originality/Value – The study complements existing research by incorporating the expenditure-income gap as an additional perspective on household borrowing in the EU.
subject: Articles
  topic: section
subject: private credit
  topic: keywords
subject: inflation
  topic: keywords
subject: housing prices
  topic: keywords
subject: interest rates
  topic: keywords
subject: European Union
  topic: keywords
creator: Simona Daugėlaitė
creator: Lina Garšvienė
creator: Kristina Matuzevičiūtė
creator: Dovilė Ruplienė
rights: Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2026-04-30
publication date: 2026-04-30
starting page: 242
ending page: 254
doi: 10.3846/bmee.2026.25198

Building human capital and dynamic managerial capability to elevate organizational agility and performance: a strategic for SME resilience
type: item
description: Purpose – This study explores the strategic role of human capital, dynamic managerial capability, and organizational agility in driving organizational performance within SMEs in Bali, Indonesia. Research methodology – Investigates the direct and indirect effects of human capital and dynamic managerial capability on organizational performance, mediated by organizational agility. A quantitative survey was conducted with 396 SMEs, using PLS-SEM for data analysis. Findings – Human capital enhances organizational agility but does not directly impact performance, while dynamic managerial capability positively influences both agility and performance. Organizational agility is found to significantly improve performance and partially mediates the relationship between human capital, dynamic managerial capability, and organizational performance. This research contributes to the critical role of organizational agility in transforming internal competencies into tangible performance outcomes, especially under volatile market conditions. Research limitations – Research is limited by its geographic scope, cross-sectional design, and reliance on self-reported data. Future studies could explore the dynamic interplay of these factors across different regions and over time. Practical implications – SME managers should prioritize developing agile capabilities and enhancing dynamic managerial competencies to effectively convert human capital into improved organizational performance under volatile conditions. Originality/Value – Organizational agility as a crucial mechanism that translates internal competencies into tangible performance outcomes, especially under conditions of environmental turbulence.
subject: Articles
  topic: section
subject: human capital
  topic: keywords
subject: dynamic managerial capability
  topic: keywords
subject: organizational agility
  topic: keywords
subject: organizational performance
  topic: keywords
subject: SME
  topic: keywords
creator: Ida Ketut Kusumawijaya
creator: Partiwi Dwi Astuti
creator: I Made Hedy Wartana
creator: I Ketut Yudana Adi
rights: Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2026-02-26
publication date: 2026-02-26
starting page: 124
ending page: 142
doi: 10.3846/bmee.2026.24215

Tax competitiveness and business R&D expenditures: do taxes matter for innovation?
type: item
description: Purpose – tax policies can be seen as one of the factors potentially affecting firms’ investment decisions and innovation. The paper examines the relationship between tax competitiveness and business Research and Development (R&D) expenditures across EU countries. Specifically, it analyses the tax rules governing corporate taxation in EU countries. Research methodology – based on a combination of data from several databases (International Tax Competitiveness Index, OECD, and Eurostat) – we comprehensively examined the relationship. Using cluster analysis and PCA on cross-sectional data, we identified countries with similar tax competitiveness in relation to business R&D expenditures. Subsequently, we identified the effects of tax policy instruments and tax competitiveness on business R&D by using panel regression models (fixed effects and general method of moments). Findings – our results suggest that countries that are very similar in terms of tax competitiveness and the structure of individual tax elements (especially the Baltic countries) also achieve relatively low levels of R&D spending. While we get mixed results on R&D tax credits as a standalone R&D factor, tax competitiveness in general is significantly associated with business R&D expenditures in EU countries. The results also indicate the importance of tax instruments, which are hitherto less examined within the context of business innovation, such as tax depreciation rules. Research limitations – the size and geographical focus of the sample used in the analysis may limit general applicability and comparability with some previous studies based on datasets from different countries. Practical implications – the results are discussed within the current context of policies sup- porting innovation, and several policy recommendations have been highlighted. They help to guide more effective tax policies to boost business R&D and innovation. Originality/Value – there are only a few up-to-date empirical studies e…
subject: Articles
  topic: section
subject: tax competitiveness
  topic: keywords
subject: innovation
  topic: keywords
subject: business R&D
  topic: keywords
subject: corporate taxes
  topic: keywords
subject: R&D tax credit
  topic: keywords
creator: Jan Hunady
creator: Eleonora Demeova
rights: Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2026-05-27
publication date: 2026-05-27
starting page: 308
ending page: 321
doi: 10.3846/bmee.2026.24203

Balancing workplace stress: empirical insights from the IMPRESS project
type: item
description: Purpose – This study aims to investigate the relationship between workplace stressors, resources, and perceived stress among employees by analysing survey data collected via the IMPRESS project. The objectives were to test the direct effects of stressors and resources on stress, and the moderating role of resources. Research methodology – Stressors, resources, and stress were measured using the Job Demands-Resources framework and the Partial Least Squares Structural Equation Modeling (PLS-SEM) was used for statistical analysis. Findings – It was found that several stressors, particularly those related to roles and responsibilities, have a significant direct impact on stress levels. Research limitations – The study limitation is the geographical focus which being limited to Latvia. Practical implications – The principal conclusion is that managing stressors, e.g. role overload, role conflict and work-life balance, is critical, and well-defined work processes can significantly contribute to employee well-being. Originality/Value – The authors found that the COVID-19 pandemic did not significantly change workplace stressors, with roles and responsibilities remaining the dominant factor both before and during the pandemic.
subject: Articles
  topic: section
subject: workplace stress
  topic: keywords
subject: process management
  topic: keywords
subject: job demands-resources model
  topic: keywords
subject: role related stressors
  topic: keywords
subject: moderation
  topic: keywords
subject: Partial Least Squares Structural Equation Modeling (PLS-SEM)
  topic: keywords
creator: Inga Lapiņa
creator: Tatjana Nikitina
creator: Iveta Ozoliņa-Ozola
rights: Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2026-02-26
publication date: 2026-02-26
starting page: 143
ending page: 157
doi: 10.3846/bmee.2026.24121

Artificial intelligence as a strategic lever for enhancing performance in service sector supply chains: a systematic literature review
type: item
description: Purpose – this study was undertaken through a systematic literature review to identify the central role of Artificial Intelligence (AI) in improving supply chain performance across all service sectors. Research methodology – a dual methodological approach was used involving both quantitative and qualitative analysis. The former is largely based on a bibliometric analysis of 61 peer-re- viewed articles published between 2019 and 2024. In this respect, two software tools, RStudio and VOSviewer, were used to provide a comprehensive bibliometric landscape. The second concerns a thematic content analysis of 25 full-text studies, focusing on AI techniques, performance results and industry-specific implementation challenges. Findings – the overall result of this systematic review indicates that AI contributes to service supply chain performance by improving forecasting, resilience, operational efficiency and real-time decision-making. Research limitations – however, limitations such as data availability, system interoperability, ethical risks and organizational resistance remain important. Practical implications – the results of this study help practitioners to select AI solutions suitable for their sector and to anticipate obstacles to integration. Originality/Value – this study provides a better understanding of how AI is reshaping supply chains in service industries, while identifying key avenues for both future research and practical adoption.
subject: Articles
  topic: section
subject: artificial intelligence
  topic: keywords
subject: bibliometric analysis
  topic: keywords
subject: performance
  topic: keywords
subject: service supply chains
  topic: keywords
subject: systematic literature review
  topic: keywords
creator: El Mehdi Badre
creator: Slimane Sidouna
creator: Hind Chahbar
creator: Adnane Mrabti
creator: Abdelali Lahrech
rights: Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2026-03-04
publication date: 2026-03-04
starting page: 178
ending page: 207
doi: 10.3846/bmee.2026.24087

Modelling asymmetric and long memory volatility in green innovation stocks: fiegarch analysis of S&P BSE Greenex
type: item
description: Purpose – This research examines the long-memory volatility within the S&P BSE Greenex, considering increasing investor focus on sustainability and the impact of green innovation on corporate environmental outcomes. Research methodology – The study analyses volatility using the Fractionally Integrated Exponential Generalized Autoregressive Conditional Heteroskedasticity (FIEGARCH) model. Findings – The empirical results reveal that higher volatility is negatively associated with expected returns, consistent with the presence of persistent volatility clustering and a leverage effect in green stock returns. Research limitations – This study does not address the influence of exogenous factors or sector-specific effects, highlighting potential scope for further research. Practical implications – The study findings highlight the substance of volatility modelling in sustainable investing. The presence of long-memory effects suggests that historical volatility data can aid in forecasting future trends in green stocks. Policymakers are suggested to consider measures to stabilize market conditions while promoting environmental sustainability, as reduced volatility can enhance investor confidence and encourage long-term sustainable investments. Originality/Value – To the best of the author’s knowledge, no prior research has examined the long-memory volatility of the sustainability index using the FIEGARCH model, highlighting the originality and contribution of this study.
subject: Articles
  topic: section
subject: volatility
  topic: keywords
subject: long memory effects
  topic: keywords
subject: sustainability
  topic: keywords
subject: S&P BSE Greenex
  topic: keywords
creator: Nitashree Barman
rights: Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2026-05-27
publication date: 2026-05-27
starting page: 292
ending page: 307
doi: 10.3846/bmee.2026.24016

Digital banking through a gender lens: examining trust and perceptions of Neobanks
type: item
description: Purpose – the aim of study is to examine how interface design elements (usability, presentation, navigation) influence trust, behavioural intention, and adoption of Neobanks among younger users, using data from students at the University of Debrecen, Hungary. Research methodology – a modified Technology Acceptance Model (mTAM) was tested via Partial Least Squares Structural Equation Modelling (PLS-SEM) using primary survey data (n = 159, valid respondents under 25 years old) and quasi-exploratory analysis from Neobank users. Findings – perceived ease of usage significantly mediates the relationship between interface quality and behavioural intention. Trust significantly impacts attitudes and intentions toward fintech, with stronger effects observed among female users. These insights advance cognitive trust theory in digital banking contexts. Research limitations – limited sample diversity and local scope at the University of Debrecen constrain generalizability. The PLS-SEM method focuses on prediction over theory testing may oversimplify complex trust dynamics. Future studies should employ mixed methods and cross-cultural samples for broader relevance. Practical implications – Neobanks can enhance adoption by prioritizing intuitive interface design and tailoring trust-building strategies to gender-specific user preferences. Originality/Value – this research integrates gender differences into mTAM and offers novel insights into trust formation for digital banking among younger European university students, A departure from prior studies is focused solely on technical features.
subject: Articles
  topic: section
subject: consumer perceptions
  topic: keywords
subject: digital banking
  topic: keywords
subject: fintech adoption
  topic: keywords
subject: gender differences
  topic: keywords
subject: Technology Acceptance Model (TAM)
  topic: keywords
creator: Domicián Máté
creator: Bashir Alnouri
creator: Jolita Vveinhardt
rights: Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2026-02-12
publication date: 2026-02-12
starting page: 40
ending page: 56
doi: 10.3846/bmee.2026.24000

The effectiveness of digital transformation on improving firm performance: evidence from Indonesia
type: item
description: Purpose – This study assesses the effectiveness of digital transformation on improving firm performance. A prominent financing company in Indonesia was selected in this study considering that financing industry is at the forefront of implementing digital transformation. Research methodology – The assessment of digital transformation effectiveness is approached as a multi criteria decision-making problem. The Analytic Hierarchy Process (AHP) is employed across a 5-level decision hierarchy encompassing objective, desired value creation, expected outcomes, processes, and effectiveness of digital transformation. Senior executives at the company provided expert judgments through pairwise comparisons. To strengthen validity, a funnel triangulation approach integrates findings with resource-based view and dynamic capabilities theoretical lenses. Findings – The study reveals that digital transformation has moderately to strongly enhanced firm performance in the examined company. With respect to value creation, the company being studied places firm value as the most prioritized value creation, followed by customer value and stakeholder value. Research limitations – The decision model developed in this study only consider all processes that have direct impacts on firm performance. Realizing digital transformation requires interaction between people, machines, business processes and leadership from top management. Practical implications – While this is a single-company case study, the AHP-based decision model can be adapted to assess digital transformation in other firms. Originality/Value – The study provides a structured decision model for assessing digital transformation effectiveness.
subject: Articles
  topic: section
subject: digital transformation
  topic: keywords
subject: firm performance
  topic: keywords
subject: analytic hierarchy process
  topic: keywords
creator: Ade Febransyah
rights: Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2026-03-17
publication date: 2026-03-17
starting page: 226
ending page: 241
doi: 10.3846/bmee.2026.23953

Navigating success: portfolio management through risk and performance analysis
type: item
description: Purpose – this study explores the growing interest in Exchange-Traded Funds (ETFs) and public shares during and after the COVID-19 pandemic, aiming to understand the factors driving this investment trend. Research methodology – an actively managed portfolio of U.S. stocks is constructed and compared to a passively managed S&P 500 index portfolio. Active management is conducted using three approaches: intuition-based selection, the Black-Litterman model, and Modern Portfolio Theory. A quantitative analysis assesses risk, performance, and the impact of rein- vestment and transaction costs. Findings – results show that active investing can outperform passive strategies in the short term but involves higher risk, transaction costs, and ongoing oversight. Passive investing offers stability and lower costs but may yield lower returns during volatile periods. Research implications – the study deepens understanding of how costs and reinvestment in- fluence investment outcomes and how active and passive strategies perform under varying market conditions, especially post-pandemic. Practical implications – the findings provide practical guidance for portfolio construction and management, helping investors balance risk and return in a changing financial landscape. Originality/Value – this paper uniquely compares three active investment approaches against a passive benchmark within a post-COVID context, offering integrated insights on performance, cost, and strategy for both academics and practitioners.
subject: Articles
  topic: section
subject: stocks
  topic: keywords
subject: ETFs
  topic: keywords
subject: passive investing
  topic: keywords
subject: active investing
  topic: keywords
subject: risk management
  topic: keywords
creator: Marek Nagy
creator: Katarina Valaskova
rights: Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2026-04-30
publication date: 2026-04-30
starting page: 276
ending page: 291
doi: 10.3846/bmee.2026.23920

Economic instability and its effect on brand preferences: big data examination of self-image and online shopping conduct
type: item
description: Purpose – This study will examine how consumer brand preference is impacted by economic instability in the market of e-commerce in Indonesia, the relationship between self-image and purchasing patterns under three different periods; pre-crisis (2017–2019), crisis (2020–2022), and post-crisis recovery (2022–2023). Research methodology – Transactional variables (Total payment volume, average order value, and purchase frequency) were analyzed using the mixed-methods approach in three brand categories (global, local, unbranded) and two product subcategories (care, decorated). ANO- VA and T-tests were used as a quantitative analysis of one of the largest Indonesian e-commerce platforms. The methods of qualitative analysis included semi-structured interviews with 20 industry experts who were chosen while engaging in purposive sampling and analyzed based on thematic analysis, in order to understand the emergent themes and patterns. Findings – The findings indicate that the preference of global brands declined throughout the period of crisis (Z-sales declined 1.84 to –0.002) whereas local brands rejuvenated through community-oriented messages. The balanced status and sense of practicality seen in the post-crisis consumption saw global brands partially recovering (Z-sales: 1.43) and status-related self-image shifted into the health-conscious and community-supportive groups. Research limitations – The study has a limitation of studying the e-commerce market and beauty product of Indonesia and the generalization to other regions or products. Besides, the qualitative element is based on only 14 internal experts working in the e-commerce and beauty sectors, which is insufficient to reflect direct consumer experiences and motivation to behaviour. Although the managerial interpretations bring about strategic data, the findings on self-image and consumer psychology should be confirmed by conducting empirical research with customers. Practical implications – The results illustrate t…
subject: Articles
  topic: section
subject: e-commerce
  topic: keywords
subject: consumer behavior
  topic: keywords
subject: self-image
  topic: keywords
subject: economic crisis
  topic: keywords
subject: big data analytics
  topic: keywords
creator: Nuraeni Saripudin Johnson
creator: Mustika Sufiati Purwanegara
creator: Nur Budi Mulyono
rights: Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2026-02-26
publication date: 2026-02-26
starting page: 79
ending page: 103
doi: 10.3846/bmee.2026.23594

Augmented reality vs. monetary rewards: which drives pro-environmental behavior more effectively among the Indonesian workforce?
type: item
description: Purpose – This study examines how augmented reality-based green training influences pro-environmental behavior among employees in Greater Jakarta, Indonesia. It also examines the role of green commitment in shaping employees’ environmentally responsible actions. In addition, the study investigates whether green financial rewards moderate these relationships. The analysis focuses on how intrinsic and extrinsic motivations interact to influence sustainable behavior in the workplace. Research methodology – A cross-sectional quantitative survey was conducted among 200 employees in Greater Jakarta using convenience sampling. Structural equation modeling with partial least squares was used to test the hypothesized relationships and moderating effects among the variables. Findings – The findings show that AR-based green training has a significant positive effect on employees’ pro-environmental behavior. Green commitment also has a significant positive effect on pro-environmental behavior. Green financial rewards do not significantly moderate these relationships. The negative interaction coefficients suggest a possible crowding out effect. This implies that in practice, external motivators may dampen the effect of internal motivators, such as training and employee engagement. Research limitations – The design of this study is cross-sectional, and this restricts the ability to conduct causal analysis. The population studied can only comprise employees within greater Jakarta, and this might restrict the overall ability to generalize findings. Future re- search focuses on studying changes over longer periods through various designs that can aid in observations over time. Results can also gain more external validity if more demographical samples get studied. Practical implications – Implementation of organizational measures to increase the qualifications and sustainability-oriented working culture could provide the greatest benefits for the organizations. Moreover, incorporatin…
subject: Articles
  topic: section
subject: pro-environmental behaviour
  topic: keywords
subject: green commitment
  topic: keywords
subject: green training
  topic: keywords
subject: monetary reward
  topic: keywords
subject: augmented reality
  topic: keywords
creator: Maria Grace Herlina
creator: Eren Ozgen
creator: Karto Iskandar
rights: Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2026-02-26
publication date: 2026-02-26
starting page: 57
ending page: 78
doi: 10.3846/bmee.2026.22996

Enhancing organizational citizenship behaviors through HRM practices: insights from employee perceptions in Moroccan firms
type: item
description: Research purpose – This study examines the impact of Human Resource Management (HRM) practices: recruitment, training, compensation, and performance evaluation, on employees’ Organisational Citizenship Behaviour (OCB) in Moroccan companies. Research methodology – A quantitative approach was employed. Data were collected via a structured questionnaire from 209 non-HR employees across various Moroccan companies. Exploratory Factor Analysis (EFA) was conducted to examine the measurement structure, followed by Structural Equation Modelling (SEM) to assess the relationships between HRM practices and OCB. Findings – HRM practices have a positive and significant influence on OCB. Training and compensation showed notable effects, while recruitment and performance evaluation also contributed to fostering a positive work environment, enhancing employee engagement, and encouraging behaviours beyond formal job requirements. These results highlight the pivotal role of HRM in promoting organisational commitment and discretionary behaviours. Research limitations – The use of a convenience sample and self-reported data limits generalisability and may introduce bias. The quantitative design does not fully capture the complexity of employee experiences, and data collection faced constraints due to refusals and limited collaboration. The study does not investigate the relationship between HRM practices and counterproductive behaviours, suggesting avenues for future research. Practical implications – Managers should prioritise transparent recruitment, continuous training, fair compensation, and objective performance evaluations to encourage OCB. These practices help cultivate a motivated and collaborative workforce, supporting organisational productivity and a positive work environment. Originality/Value – This study contributes uniquely by examining the effect of HRM practices on OCB in the Moroccan context, which remains underexplored. By focusing on employee perceptions, it provides…
subject: Articles
  topic: section
subject: human resource management practices
  topic: keywords
subject: Organizational Citizenship Behaviour (OCB)
  topic: keywords
subject: private Moroccan companies
  topic: keywords
subject: employee perceptions
  topic: keywords
subject: recruitment
  topic: keywords
subject: training
  topic: keywords
subject: compensation
  topic: keywords
subject: performance evaluation
  topic: keywords
creator: Imane Hasinat
creator: Zaynab Hjouji
creator: Sofia Loulidi
rights: Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2026-02-27
publication date: 2026-02-27
starting page: 158
ending page: 177
doi: 10.3846/bmee.2026.22974

Effects of the moderating role of trendiness on brand image, E-WOM, brand attitude and online purchase intention
type: item
description: Purpose – The purpose of the research is to analyse the impact of electronic word-of-mouth (e-WOM), brand image, and consumer attitude on purchase intention, as well as the moderating influence of trendiness on these relationships. Research methodology – The study is quantitative research. Six hypotheses were put forward and tested in the research model. Survey data derived from a sample of 922 participants from Azerbaijan were examined using SPSS in order to evaluate the hypothesis. Findings – According to the main findings, regression tests, it was determined that e-WOM, brand image and attitude towards the brand affect online purchasing intention. However, for the first time in this study, the moderator role of the trendiness variable, which was tested statistically, on the effect of e-WOM, brand image and attitude variables on online purchase intention was carried out. As a result of the analysis, although the moderator role of trendiness in the effect of e-WOM’s online purchase intention and brand image on online purchase intention was found to be significant and positive, the moderator role of trendiness in the effect of attitude on online purchase intention was found to be insignificant. Research limitations – The study exclusively covers Azerbaijan’s fast-food service industry. Also, different people may have different ideas about fast food places, and the brand names in the questions may affect how people answer. Practical implications – This study’s scientific innovation is the first statistical test of the moderating role of the trendiness variable in the effects of e-WOM, brand image, and attitude on online purchase intention. Practical innovation is that data specific to the Azerbaijani fast-food sector can be useful for practitioners in helping brand managers better understand consumer behaviour and develop trend-focused marketing strategies. Originality/Value – This research makes a major addition to was proved for the first time in the literature tha…
subject: Articles
  topic: section
subject: consumer behaviour
  topic: keywords
subject: branding
  topic: keywords
subject: fast food
  topic: keywords
subject: trendiness
  topic: keywords
subject: brand image
  topic: keywords
creator: Rashad Maharramov
creator: Bahman Huseynli
creator: Gözde Kandemir Çomoğlu
rights: Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2026-02-12
publication date: 2026-02-12
starting page: 17
ending page: 39
doi: 10.3846/bmee.2026.21916

Models for implementing changes in motivational factors
type: item
description: Purpose – the purpose of this article is to present a practical model for supporting motivation in an organization and to demonstrate how aligning employees’ needs with strategic objectives increases work effort, engagement, and overall performance. Research methodology – Conceptual development at the intersection of theory and practice has been examined through a narrative review of the relevant literature, in which the significance of Taylor’s and Weber’s theories, along with contemporary approaches advanced by Stoner and Wankel and by Schermerhorn, is emphasized and integrated with the authors’ empirical managerial experience. Findings – effectiveness hinges above all on the correct sequencing of steps in diagnosing needs and implementing motivational changes. A deep understanding of employees’ unmet needs enables the precise selection of support mechanisms, while a tailored, multi-level managerial approach sustains motivation and more closely aligns individual and organizational goals. Research limitations – the model is conceptual and grounded in literature and the authors’ experience; it lacks systematic, large-sample empirical testing and thus may have limited generalizability across industries and cultural contexts. Practical implications – managers can use the model as a step-by-step guide to: assess employee needs, choose appropriate motivational tools, implement changes in the right order, and maintain motivation as an ongoing, continuous process across all organizational levels. Originality/Value – this contribution integrates classic and contemporary motivation theories into a single, actionable process model. Also emphasizes the often-overlooked importance of implementation sequence and continuity, bridging theoretical insights with practical application.
subject: Articles
  topic: section
subject: motivation
  topic: keywords
subject: motivational factors
  topic: keywords
subject: change model
  topic: keywords
subject: Kurt-Levin
  topic: keywords
creator: Joanna Małecka
creator: Eleftherios Thalassinos
rights: Copyright (c) 2025 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2025-09-29
publication date: 2025-09-29
starting page: 339
ending page: 355
doi: 10.3846/bmee.2025.24068

Evaluating the performance of Moroccan social incubators: an SFA analysis of youth platforms under the national initiative for human development
type: item
description: Purpose – This study focuses on the evaluation of youth platforms as an important social incubator of the National Initiative for Human Development (NIHD) in Morocco, particularly to promote social entrepreneurship and support very small enterprises (VSE). Numerous social incubators have been created to support social entrepreneurship and foster innovative and effective socio-economic relations. However, their impact remains limited, raising questions about their performance. Research methodology – Based on a sample of 40 NIHD youth platforms, the stochastic frontier analysis (SFA) method was applied to measure their technical efficiency (TE), and then the determinants of the TE obtained were analysed by a regression using the Tobit model. Findings – The results indicate that management costs (MC), the number of accompanied project holders (APH) and income improvement actions in social and solidarity economy (II- ASSE) have a significant impact on the creation and development of VSE or cooperatives. In addition, the experience of the platform manager has a positive influence on TE, while age has no significant effect. Research limitations – The conclusions of the study may not be entirely applicable to the current situation of NIHD youth platforms in Morocco, because they are based on data available at a time conditioned by an exceptional context (e.g., post-covid; government austerity policy, etc.). Practical implications – This study provides public policymakers and platform managers with actionable insights into optimizing resource use and improving platform operations. Policy-makers can use the findings to allocate funding more effectively, prioritize support services like income improvement actions, and identify platforms that serve as benchmarks for best practices. Additionally, the study highlights the importance of experienced platform managers, guiding recruitment and training policies to improve platform outcomes. Originality/Value – The study paves the wa…
subject: Articles
  topic: section
subject: development
  topic: keywords
subject: incubator
  topic: keywords
subject: SFA
  topic: keywords
subject: social entrepreneurship
  topic: keywords
subject: technical efficiency
  topic: keywords
creator: Younes El Maaqili
creator: Mariam Tlemcani Mhandez
creator: Abdessamad Ouchen
rights: Copyright (c) 2025 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2025-06-19
publication date: 2025-06-19
starting page: 243
ending page: 264
doi: 10.3846/bmee.2025.22086

Alignment of innovation diffusion and project management to increase logistics digitalization
type: item
description: Purpose – This paper examines how integrating Innovation Diffusion Theory (IDT) with structured project management frameworks enhances digital technology adoption in logistics, addressing challenges in ineffective implementation. Research methodology – A mixed-methods approach combines qualitative interviews with logistics executives and technology experts with quantitative analysis of adoption trends using case studies and industry data. Findings – Results highlight the complexity of digital technologies and emphasize aligning decision-making frameworks – Agile, Scrum, Kanban, and Waterfall – with organizational goals to improve digital transformation. Structured project management methodologies help firms manage complexity, mitigate risks, and optimize project execution. Research limitations – The study does not analyze all technology complexity levels or include all digital solutions in logistics. Additionally, not all technologies were linked to expert-identified success factors, limiting generalizability. Future research could use longitudinal or case-study approaches to explore long-term impacts. Practical implications – Integrating IDT with project management frameworks and the Stacey Matrix helps logistics firms overcome adoption barriers and improve implementation success. Originality/Value – This research provides empirical evidence on structured decision-making in digital adoption. By integrating expert insights and correlation analysis, it offers practical recommendations for optimizing innovation diffusion, mitigating risks, and aligning technology implementation with strategic goals in a rapidly evolving digital landscape.
subject: Articles
  topic: section
subject: innovation diffusion theory
  topic: keywords
subject: digital transformation
  topic: keywords
subject: logistics
  topic: keywords
subject: project management frameworks
  topic: keywords
creator: Diana Daškevič
creator: Aurelija Burinskienė
rights: Copyright (c) 2025 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2025-07-17
publication date: 2025-07-17
starting page: 265
ending page: 279
doi: 10.3846/bmee.2025.23680

Determinants of the sustainability of capability-based culinary businesses: evidence from urban areas in Central Java Province
type: item
description: Purpose – Amidst the increasing public awareness of the need for environmentally friendly products and social concerns, sustainability practices can be utilized as a source of competitive advantage for businesses in the culinary industry. The purpose of this study is to investigate the effects of entrepreneurial marketing, transformation capability, and financial capability on sustainability. Research methodology – This study was based on field survey data involving 315 culinary business actors in the cities of Semarang, Salatiga, and Surakarta, Central Java Province. The data analysis used the Partial Least Squares Structural Equation Modeling (PLS-SEM) method. Findings – The determinants of sustainability predicted through the formulation of nine hypotheses are mostly proven empirically. Entrepreneurial marketing, transformation capability, and financial capability are demonstrated to have a positive effect on all dimensions of sustainability including economic, environmental, and social performance. Research limitations – The objects of this research were limited to culinary business actors in urban areas so that only limited generalizations could be made. Future studies can be directed to involve business actors in rural areas so that they can capture the dynamics of sustainability practices better. Practical implications – A policy that can be proposed based on research findings to the government in order to improve sustainability practices is to improve the capabilities of culinary business actors through training and mentoring that emphasize the importance of creating customer value, renewing company operations, and having financial literacy. Originality/Value – This study fills the research gap by introducing a capability-based sustainability determinant model.
subject: Articles
  topic: section
subject: sustainability
  topic: keywords
subject: entrepreneurial marketing
  topic: keywords
subject: transformation capability
  topic: keywords
subject: financial capability
  topic: keywords
subject: culinary business
  topic: keywords
creator: Supramono Supramono
creator: Dhoni Rizky Widya Mahardhika
creator: Utami Puji Lestari
rights: Copyright (c) 2025 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2025-06-18
publication date: 2025-06-18
starting page: 209
ending page: 223
doi: 10.3846/bmee.2025.21987

Culinary resilience in a globalized world: how social norms negotiate tradition and adaptation
type: item
description: Purpose – This study investigates how macro-level forces and micro-level cultural constructs shape food culture resilience in different societies. It bridges the knowledge gaps between cultural preservation and adaptation. Research methodology – PLS-SEM methodology was adopted in the survey data of six countries. Bootstrapping verified path coefficients and model robustness. Findings – Cultural Openness supports Heritage, preventing globalization from disempowering myths. Social Pressure drives food culture resilience (FCR) in collectivistic cultures yet is diluted in individualistic settings. Taboos subside in secular/pluralistic settings, replicating trends for moral flexibility. Enhanced predictivity for institutionally institutionalized civilizations facilitates easier observation by the models of modest to considerable FCR variation. Research limitations – Cross-sectional data limit causal inferences. Unmeasured variables could also affect outcomes in transition countries. Practical applications – Strategies should be implemented with cultural correctness by policymakers and marketers. For instance, leveraging openness to redefine traditions in multicultural settings, framing dietetic interventions as collective efforts in collectivist contexts, and customizing products with flexible ethical schema in secular settings. Originality/Value – This research fills macro-micro cultural theory gaps, suggesting “adaptive preservation” as a driver of traditions in a globalizing world. This research shakes homogenization discourses, providing a rich model for cultural.
subject: Articles
  topic: section
subject: cultural hybridity
  topic: keywords
subject: social pressure
  topic: keywords
subject: adaptive preservation
  topic: keywords
creator: Mangirdas Morkūnas
creator: Yufei Wang
creator: Lucia Vilčekova
rights: Copyright (c) 2025 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2025-10-13
publication date: 2025-10-13
starting page: 381
ending page: 397
doi: 10.3846/bmee.2025.23632

Evaluating the effectiveness of the Czech national bank’s monetary policy: a longitudinal study since 1997
type: item
description: Purpose – This study examines the effectiveness of the Czech National Bank’s (CNB hereafter) monetary policy with a focus on its adaptive responses to macroeconomic indicators such as inflation, unemployment, economic growth, interbank rate, imports, exports, and exchange rates. The two-week repo rate served as the primary instrument for the analysis period from January 1997 to July 2023. Research methodology – The research employs a Vector Autoregression (VAR) model, complemented by Impulse Response Functions (IRF), Forecast Error Variance Decomposition (FEVD), Granger Causality and Johansen Cointegration Tests to analyse quarterly data on the dynamic interactions between the CNB’s two-week repo rate and key economic indicators. Findings – The research results show that the CNB monetary policies have mainly been effective in managing inflation targeting and sustaining economic stability. The considerable influence achieved through proactive policy adjustments to unemployment and interbank rates. Research limitations – External macroeconomic shocks not accounted for in the VAR model might influence the study results. Furthermore, the findings are specific exclusively to the Czech economy and may not be directly applicable to other countries with distinct economic structures or monetary policy frameworks. Practical implications – The research highlights the importance of predicting repo rate adjustments in response to changes in unemployment and interbank rates. CNB could use these findings to improve the understanding of policy changes and increase their effectiveness. Originality/Value – The findings offer valuable insights for policymakers, governments, and banking industry participants seeking to enhance monetary policy efficiency.
subject: Articles
  topic: section
subject: Czech National Bank
  topic: keywords
subject: monetary policy
  topic: keywords
subject: inflation targeting
  topic: keywords
subject: two-week repo rate
  topic: keywords
subject: VAR modeling
  topic: keywords
creator: Florin Aliu
creator: Pavel Rousek
creator: Artor Nuhiu
rights: Copyright (c) 2025 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2025-09-10
publication date: 2025-09-10
starting page: 316
ending page: 338
doi: 10.3846/bmee.2025.22165

Human capital and organisational outcome: mediation and moderation model
type: item
description: Purpose – This study aims to investigate organisational values as moderators and playful work design as mediators in the relationship between human capital and organisational outcomes in service industry in Indonesia, utilizing quantitative analysis. Research methodology – Purposive sampling was used to retrieve data from 305 respondents using a self-reported questionnaire. The data is analysed using the macro PROCESS using model 5. Findings – The results indicate the direct influence of human capital on organisational outcomes, mediation, playful work design, and moderation of organisational values. The findings of this study reinforce that applying high organisational values and effective human capital management can optimise organisational outcomes through playful work design. Research limitations – This research was carried out with one questionnaire distribution, future research need to conduct longitudinal studies to be known under different conditions and times in another industry. Practical implications – Manager’s must carry out digital transformation and human capital to survive and become winners amid today’s tight service industry competition by encouraging organisational values and supporting playful work design. Originality/Value – This study investigated six dimension of human capital which are suitable in the industrial era 4.0 for manager’s in service industry and its impact on organisational out- come with mediation and moderation analysis.
subject: Articles
  topic: section
subject: human capital
  topic: keywords
subject: organisational values
  topic: keywords
subject: organisational outcome
  topic: keywords
subject: playful work design
  topic: keywords
creator: Sri Palupi Prabandari
creator: Masyhuri Masyhuri
creator: Setya Ayu Rahmawati
rights: Copyright (c) 2025 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2025-06-18
publication date: 2025-06-18
starting page: 224
ending page: 242
doi: 10.3846/bmee.2025.21133

Evaluating financial viability of boilers in palm oil mills under processing capacity variability: a case study approach
type: item
description: Purpose – This study evaluates the financial feasibility of boiler investments in palm oil mills, examining the variability in processing capacities resulting from seasonal yields and operational constraints. Research methodology – A case study was conducted at a palm oil mill in Indonesia, assessing five investment scenarios through sensitivity analysis to compare repair and new boiler strategies at capacities of 48, 51, and 58 tons of FFB per hour. Financial metrics including Net Present Value (NPV), Internal Rate of Return (IRR), and payback period were employed. Findings – Results exhibit that repairing the boiler, specifically at a capacity of 58 tons/hour, provides the greatest financial returns, with a Net Present Value (NPV) of USD 9.5 million and an Internal Rate of Return (IRR) of 21%, surpassing investments in new boilers. Scenario 5 demonstrated the highest financial resilience in response to variations in costs and revenues. Research limitations – This research is based on financial assumptions and a singular case study context. Wider generalizations necessitate analysis across various operational contexts. Practical implications – The findings provide decision-making tools for palm oil mills to optimize capital expenditure in relation to capacity variability and cost efficiency. Originality/Value – This research incorporates operational variability into financial modeling, offering a novel perspective on boiler investment strategies within the palm oil sector.
subject: Articles
  topic: section
subject: financial feasibility
  topic: keywords
subject: boiler investment
  topic: keywords
subject: palm oil mill
  topic: keywords
subject: processing capacity
  topic: keywords
creator: Arief Suardi Nur Chairat
creator: Lokman Abdullah
creator: Ade Caswito
creator: Galuh Adi Pangestu
creator: Muhammad Hamdi Kefli
creator: Muhammad Hafidz Fadzli Md Fauadi
creator: Mohd Shahrieel Mohd Aras
rights: Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2026-02-12
publication date: 2026-02-12
starting page: 1
ending page: 16
doi: 10.3846/bmee.2026.23679

Utilizing flexible working arrangement into organizational citizenship behavior: a double mediation model
type: item
description: Purpose – The current study aimed to investigate the role of career cushioning and work-life balance (WLB) as mediators in the effect of flexible work arrangements (FWA) on organizational citizenship behavior (OCB). Research methodology – Data were collected from 270 employees working in different multi-financial companies. To test the hypotheses, this study employed SEM-PLS. Findings – The results indicate that flexible working arrangement is a key factor to foster organizational citizenship behavior. Subsequently, the study highlights the importance role of career cushioning and work life balance as the mediator. Research limitations – This research was carried out on the multi-financial sector in one country and specific generation, thus, the findings’ generalization is lacking. Practical implications – This study suggested that companies or human resource teams pay attention to career cushioning and work-life balance to encourage OCB through FWA policy for millennial and Generation Z employees. Originality/Value – The uniqueness of the Millennials and Generation Z presents a complex challenge, particularly for multi-financial companies. Therefore, it is essential to establish clear career levels and ensure a balance between personal and work life. Empirical research that explores the implication of flexible working arrangement in fostering organizational citizenship in specific generation is lacking, reported solely on manufacturing companies and across generations. Meanwhile, the multi-financial sector, especially in developing countries, is understudied. Consequently, the initial study leads the examination of flexible working arrangements’ role in fostering organizational citizenship behavior in millenial and Z Generation.
subject: Articles
  topic: section
subject: flexible working
  topic: keywords
subject: career cushioning
  topic: keywords
subject: work life balance
  topic: keywords
subject: organizational citizenship behavior
  topic: keywords
creator: Noermijati Noermijati
creator: Daniyatul Farhiya
creator: Desi Tri Kurniawati
creator: Ferrial Rosita
creator: Masyhuri Masyhuri
rights: Copyright (c) 2025 The Author(s). Published by Vilnius Gediminas Technical University. http://creativecommons.org/licenses/by/4.0
date: 2025-07-17
publication date: 2025-07-17
starting page: 280
ending page: 301
doi: 10.3846/bmee.2025.22837