Employee Readiness for Change in Public Higher Education Institutions: Examining the Joint Effect of Leadership Behavior and Emotional Intelligence

This study aimed to examine the effects of leadership behavior and emotional intelligence (EI) on readiness for change and to investigate the moderating effects of organizational commitment on the relationship among leadership behavior, EI, and readiness to change. Data was collected using surveys and Partial least squares structural equations modeling (PLS SEM) was employed. The findings of the study indicated that leadership behavior and EI have significant effects on employees’ readiness for change. More importantly, it confirmed the moderating effect of organizational commitment. This study provides an empirical explanation of the joint effect of some crucial change management determinants.     

Collateral Damage: The Impact of Mortgage Debt on U.S. Savings

This article contributes to the literature on saving by empirically investigating the determinants of the saving rate in the United States, with a special focus on the role of mortgage debt. Using data from 1987 to 2013, we find that mortgage payments have a substantial negative impact on both personal and private saving rates in the United States. An increase of 10 percentage points in mortgage payments leads to a 9.1-percentage-point drop in the personal saving rate and a 12.4-percentage-point drop in the private saving rate. In addition, including mortgage debt as an explanatory variable leads to significant changes in the impact of other variables, which further reinforces our claim that mortgage debt is important for the analysis of the saving rate. Comparing mortgage payments with nonmortgage consumer debt payments, we find that mortgage payments have a larger impact on the private saving rate whereas nonmortgage consumer debt payments have a larger impact on the personal saving rate. We also find a partial but robust crowding-out effect of public saving rate on the two saving rates. Our results have implications for monetary policy and government policies that encourage mortgage borrowing.     

Variants of transparency: an analysis of the English Local Government Transparency Code 2015

Transparency policies and initiatives at the local level have expanded around the world but our academic understanding is still limited. Few studies have systematically analysed transparency practices at the local government level. This paper develops an analytical framework to examine local government transparency practices based on the literature. The framework is used to analyse the English Local Government Transparency Code 2015. The study shows that the Code delivers openness to a partial extent but has not yet met all criteria for transparent practices. The findings could contribute to the development and improvement of transparency practices at local governments.     

Micro-enterprise development initiatives and entrepreneurial competencies,innovativeness, and social capital in Malaysia

This article examines the effect of participation in development programmes designed for women micro-entrepreneurs on the development of entrepreneurial competencies, innovativeness, and social capital. The study employed a cross-sectional design and quasi-experimental approach, and collected data from 417 women micro-entrepreneurs in Malaysia. Findings reveal that the participants possess a significantly higher level of social capital, innovativeness, and entrepreneurial competencies. Development organisations should therefore focus on redesigning their policies and programmes to improve the breadth and depth of the development programmes that they offer, which ultimately lead to an improvement in the social-economic condition of low-income households in Malaysia.