Search results

1 – 7 of 7
Article
Publication date: 21 July 2023

Maher Al Sayah, Charbel Salloum, Hajer Jarrar, Laura Salloum and Jean-François Verdie

This study aims to explore the political dimension of social network theory and assess how these connections motivate entrepreneurial activity and enhance postentry stages. The…

Abstract

Purpose

This study aims to explore the political dimension of social network theory and assess how these connections motivate entrepreneurial activity and enhance postentry stages. The authors take an individualistic approach to the topic of institutional deterioration by uncovering the potential opportunities it can create, as entrepreneurship often arises when a market opportunity is perceived.

Design/methodology/approach

This study used a quantitative approach, using a self-selection sampling method to target private entities that own electric generators (also known as “illicit SMEs”) who are providing electricity services to the community despite the deterioration of the public energy sector in Lebanon. Data was collected through a survey administered electronically to 230 illicit SMEs, using a judgmental sampling method to ensure representation from all Lebanese governorates. The collected data was analyzed using ordinal least squares regression models.

Findings

The findings indicate a significant relationship between institutional deterioration and the reinvestment rate of entrepreneurs, with the moderating effect of political connections suggesting that the impact of institutional deterioration is dependent on the strength of an entrepreneur’s political connections.

Practical implications

The research findings demonstrate the significant influence of social ties and political connections on entrepreneurial activities, particularly in the context of SMEs that are providing services “illegally”. These results shed light on the importance of considering the role of social and political factors in the success and sustainability of entrepreneurial ventures operating in challenging environments.

Originality/value

Entrepreneurial studies typically focus on free market platforms and supply-demand associations, assuming perfect government conditions. However, this study differs from previous research by highlighting the positive impact of social ties on entrepreneurial market access within a socially linked environment. The findings suggest the importance of considering social connections in entrepreneurial studies, particularly in challenging economic and political contexts.

Details

European Business Review, vol. 35 no. 5
Type: Research Article
ISSN: 0955-534X

Keywords

Article
Publication date: 7 November 2023

Charbel Salloum, Hajer Jarrar, Nathalie Chaanine, Maher Al Sayah and Jean-François Verdie

This study focuses on exploring charismatic leadership within Lebanese Information Technology (IT) small and medium-sized enterprises (SMEs) and its influence on productivity…

Abstract

Purpose

This study focuses on exploring charismatic leadership within Lebanese Information Technology (IT) small and medium-sized enterprises (SMEs) and its influence on productivity. Through an in-depth analysis of the charismatic qualities and behaviors exhibited by leaders in these organizations, this research aims to delineate how such attributes may shape productivity levels. This study aims to deepen our understanding of leadership dynamics within the context of Lebanese IT SMEs, providing essential insights that can contribute to the enhancement of organizational performance and success.

Design/methodology/approach

This fundamental research used a quantitative approach and a purposive sampling method to select 342 Lebanese IT SMEs for primary data collection through a survey. Statistical regression analysis was then applied to treat the collected data.

Findings

The findings of this study reveal a positive correlation between charismatic leadership and increased innovation behavior among group or board members. This correlation can be strengthened by fostering a sense of ownership toward innovation and by ensuring a healthy work-life balance. Furthermore, the creation of an environment that emphasizes open communication and trust can enhance this correlation.

Practical implications

The implications of these findings are significant for organizations seeking to enhance their innovation capabilities. They suggest that investing in the development of charismatic leadership skills can be a valuable strategy for fostering innovation and creativity.

Originality/value

This study offers a unique and practical assessment of the role that charismatic leadership plays in maintaining resilient firm structures, especially during periods of political and economic instability.

Details

European Business Review, vol. 36 no. 4
Type: Research Article
ISSN: 0955-534X

Keywords

Article
Publication date: 8 May 2023

Miriam R. Aziz and Charbel Salloum

The purpose of this study is to examine the influence of culturally endorsed implicit leadership theories (CLTs), specifically the cultural assumptions regarding ideal leadership…

Abstract

Purpose

The purpose of this study is to examine the influence of culturally endorsed implicit leadership theories (CLTs), specifically the cultural assumptions regarding ideal leadership, on individual entrepreneurship within the context of Lebanese culture. This paper investigates the relationship between culture and entrepreneurship by incorporating cultural values such as uncertainty avoidance and in-group collectivism, cultural practices and two types of CLTs: self-protective and charismatic. By exploring these factors, this study aims to gain a deeper understanding of the role of culture in shaping entrepreneurial behavior.

Design/methodology/approach

As a fundamental quantitative research, this study used a snowball sampling method to collect primary data from 118 Lebanese entrepreneurs, avoiding selection biases. Three models were used, relevant to nascent entrepreneurship, new entrepreneurship and old entrepreneurship, and the data was analyzed using logistic regression analysis and likelihood ratio tests.

Findings

The findings indicate that there is a correlation between CLTs, cultural values and practices and individual entrepreneurship. However, this study did not find evidence of a causal relationship between cultural values and individual entrepreneurship through the mediating role of self-protective and charismatic CLTs.

Practical implications

The research findings shed light on the beneficial synergy between cultural leadership ideals and individual entrepreneurship in the Lebanese context, providing a closer and more productive approach to studying entrepreneurship and leadership. From a managerial standpoint, these results have important implications for promoting entrepreneurship among various stakeholders, including educators, policymakers and support organizations.

Originality/value

This study differs from previous research by examining a country that demonstrates high levels of entrepreneurial awareness and involvement despite its unstable political and economic conditions.

Details

European Business Review, vol. 35 no. 5
Type: Research Article
ISSN: 0955-534X

Keywords

Article
Publication date: 24 November 2022

Iman S. Youssef, Charbel Salloum and Maher Al Sayah

The purpose of this study is to examine determinants of profitability of non-financial firms listed small- and medium-sized enterprises (SMEs) in the UK from 2012 till 2020. It…

1066

Abstract

Purpose

The purpose of this study is to examine determinants of profitability of non-financial firms listed small- and medium-sized enterprises (SMEs) in the UK from 2012 till 2020. It has been argued that profitability plays a key role in economic development and growth. Despite the important role that SMEs play in developed economies like UK, academic research into SMEs profitability determinants in developed countries is not extensive.

Design/methodology/approach

The methodologies used include dynamic panel data estimation techniques. Relationship of nine independent variables with profitability was examined. Two models are created using return on assets (ROA) and return on equity (ROE) as dependent variables. Size, age, efficiency, working capital, liquidity, leverage and volatility of the firm represent firm-specific independent variables. Two macroeconomic variables, namely, gross domestic product and inflation are also used as independent variables. Data obtained from Thomson Reuters Data Stream for 93 listed SMEs companies in the UK from 2012 to 2020. Fixed effects, random effects and generalized method of moments were used in data analysis.

Findings

All variables showed significant influence on profitability, except liquidity reflecting insignificant impact on profitability in two regression models conducted for 93 firms under study. Efficiency, liquidity and leverage are the only three independent variables with similar impact on both ROA and ROE.

Practical implications

Identifying determinants of profitability will help stakeholders and corporate executive make sound decisions to ensure sustainability and stability at the firm level. This is particularly important given the key role played by SMEs in economic development and growth. The findings of this study would help direct financial management practices to ensure a favorable sustainable organizational performance.

Originality/value

This study differs from previous studies that focused mainly on developing countries; with limited research conducted on profitability of SMEs in developed economies. To the best of the author’s knowledge, this is the first study to examine factors influencing profitability of SMEs in UK. Previous studies concentrated on service sector like insurance and hotel firms.

Details

European Business Review, vol. 35 no. 5
Type: Research Article
ISSN: 0955-534X

Keywords

Article
Publication date: 3 June 2019

Laurice Alexandre, Charbel Salloum and Adel Alalam

The purpose of this paper is to answer the following question: what motivates refugees to create their own businesses in a developing country, and how do they go about it?

1382

Abstract

Purpose

The purpose of this paper is to answer the following question: what motivates refugees to create their own businesses in a developing country, and how do they go about it?

Design/methodology/approach

A quantitative study was conducted before Syrian refugees in main camps in Lebanon. The self-administrated survey was translated into the Arabic language to fit the respondents understanding of the questions asked and answers choices. Closed questions with nominal ratio and Likert scales were used to gather the primary data in the line of the study of Wauters and Lambrecht. The data were analysed with a logistic regression analysis under SPSS.

Findings

The findings show that 71 per cent of Syrian refugees seem to have a willingness to start a new business in Lebanon. The respondents are mostly young, with 62 per cent being between the ages of 18 and 35. Most of them are men (66.67 per cent) against 33.33 per cent of women. 60 per cent have already been entrepreneurs, and they are mostly motivated by earning a living but in the sector they used to work in before in their home country. Finally, the obstacles seem to be linked to financial and administrative issues, but also to the local policies. However, the fact that they share some cultural values with Lebanese such as the language or food, allow them to integrate easier and to create social bonds.

Research limitations/implications

The research is limited by the fact that the authors cannot generalise the findings since the Lebanese environment is very different from other countries’ environment. Besides, the Syrian refugees share already a lot of values and lifestyle with Lebanese. So, the authors cannot transpose their case to other ethnic population. Also, the study is limited by the lack of a gender statement and the link between the education level and the decision of creating a new business.

Practical implications

The authors propose some recommendations to the Lebanese Government and NGOs in order to facilitate and support the entrepreneurship actions of refugees shortly after they arrive to Lebanon.

Social implications

This paper confirms the importance of social ties in encouraging entrepreneurship in the case of refugees.

Originality/value

In this paper, the authors make four contributions to the academic debate: first, the authors studied the entrepreneurial motivations of refugees in a middle-eastern developing country while the other studies have focussed upon the adaptation of such individuals in a western and developed environment. Second, the refugees are motivated by pull and push factors at once as the authors discussed in the precedent section. Third, although adaptation to the Lebanese culture is easier, resilience is nevertheless needed due to the Lebanese Government’s policies, which forbid refugees to work in the country. Fourth, with regard to migration studies in general, this paper stands half way between the various studies conducted on ethnic entrepreneurship, immigrant entrepreneurship and refugees. Indeed, the authors brought together many concepts such as social bonds, social capital, culture, political environment, and the service industry. On the managerial level, the findings allow the institutions and the government to target those refugees who show an appetence to entrepreneurship to stimulate their action, shortly after arriving in Lebanon, as their entrepreneurial intent decreases with the time they spend, often unemployed, in the host country. Should government policy change, both the integration of refugees, and entrepreneurship in general would benefit.

Details

International Journal of Entrepreneurial Behavior & Research, vol. 25 no. 5
Type: Research Article
ISSN: 1355-2554

Keywords

Content available

Abstract

Details

European Business Review, vol. 35 no. 5
Type: Research Article
ISSN: 0955-534X

Article
Publication date: 27 July 2023

Jun-Cheng Chen and Sylvain Sénéchal

Search engine optimization (SEO) has long been a key topic in marketing research, but there are very few studies addressing SEO success and brand equity (BE). Thus, this study…

1853

Abstract

Purpose

Search engine optimization (SEO) has long been a key topic in marketing research, but there are very few studies addressing SEO success and brand equity (BE). Thus, this study aims to investigate the interdependence of SEO success and BE, with a specific focus on small- and medium-sized enterprises (SMEs).

Design/methodology/approach

The study involved conducting interviews with SEO and digital marketing experts, followed by a comprehensive analysis of their responses to investigate the mutual association between BE and SEO. The analysis of the interview data was conducted using the grounded theory approach.

Findings

The placement of a brand on top of search engine results is perceived as an indication of its credibility by searchers. Well-established brands tend to have superior SEO performance due to the impact of search algorithms and their powerful brand recognition. Lesser-known brands should improve their SEO performance to enhance their BE.

Practical implications

This study makes a significant contribution to the understanding of the interdependence between SEO and BE. Specifically, this study provides SMEs with effective SEO strategies to enhance their BE in the future.

Originality/value

This study presents unprecedented findings on the reciprocal relationship between SEO success and BE. The study also highlights the potential risk for SMEs of falling into a negative spiral due to poor SEO performance and offers practical business solutions to address this issue.

Details

European Business Review, vol. 35 no. 5
Type: Research Article
ISSN: 0955-534X

Keywords

1 – 7 of 7