This paper investigated the influence of entrepreneurial competency and financial literacy on sustainable small enterprise performance. We simultaneously investigated the mediating role of entrepreneurial resilience on the association between competence and financial literacy with sustainable business performance. We used a quantitative method for collecting data from 220 small business entrepreneurs in Saudi Arabia using an online questionnaire. The collected data were analysed with the help of PLS-SEM. The results reveal that financial literacy significantly positively affects entrepreneurial competency and resilience. Entrepreneurial competency has a significant positive effect on Saudi SMEs’ entrepreneurial resilience and sustainable performance. Finally, entrepreneurial resilience was simultaneously found to have a considerable impact on sustainable performance while mediating the effect of financial literacy and competency on sustainable performance across Saudi SMEs. In line with Saudi Vision 2030, with its profound focus on entrepreneurship and developing a financially independent entrepreneurial community, this research contributes to creating economic opportunities for local entrepreneurs managing small enterprises. Apart from extending the body of knowledge, this research can support policymakers in formulating relevant strategies to encourage SMEs that have been worst hit by the COVID-19 pandemic to perform sustainably. Several other implications for financial institutions and entrepreneurs have also been drawn.
Financial literacy has gained much attention amongst scholars, policymakers and other stakeholders due to its role in backing up investment decisions, improving personal financial management and increasing financial wellbeing. This study examines the influence of financial literacy on investment decisions with the moderating effect of the overconfidence behavioural bias. Data were collected from 180 respondents in Saudi Arabia using a questionnaire, and a convenience sampling technique was applied. The study’s findings were analysed using the partial least squares structural equation modelling (PLS-SEM) technique. It was found that financial literacy positively and significantly influenced investment decisions. Moreover, the results show that overconfidence positively affected investment decisions and that the relationship between financial literacy and investment decisions was positively and significantly moderated by overconfidence.
Small to medium-sized enterprises suffer from loss of competitive advantage, low productivity, and poor performance because of inadequate competencies. Therefore, the primary objective of this study was to examine the effect of selected motivational dimensions (i.e., self-improvement, self-confidence, openness to change, pull factors, and the need for achievement) on entrepreneurial competency among micro-entrepreneurs. We used a cross-sectional design and collected quantitative data from 403 micro-entrepreneurs in Malaysia using random sampling. SEM-PLS was used for data analysis. The findings revealed that self-confidence, openness to change, and pull factors positively influenced entrepreneurial competencies. Moreover, there was a positive effect of self-confidence, pull factors, need for achievement, and entrepreneurial competency on enterprise sustainability performance. Furthermore, entrepreneurial competencies significantly mediated the effect of self-confidence, openness to change, and pull factors on enterprise sustainability performance. Apart from extending the lens of a resource-based view, this study enriches enterprise sustainability literature from emerging nations’ perspective. Policymakers can strengthen their programs and policies to improve the entrepreneurial competencies of micro-entrepreneurs and their business sustainability.
Small businesses are thought to be largely responsible for environmental pollution despite the fact that businesses of all shapes and sizes contribute to this issue. This research explores how important factors such as knowledge sharing (KS) and green entrepreneurial intention (GEI) might help small businesses in Saudi Arabia develop and implement green innovation (GI). It also seeks to determine whether GI is a mediating variable that explains the connection between GEI, KS, and social performance (SP). Accordingly, an online survey was used to collect responses from 284 small entrepreneurs in Saudi Arabia engaged in various types of business activities. The study used partial least squares structural equation modelling for data analysis and hypothesis testing. The results show that GI considerably influences SP while also having a significant link with both GEI and KS. Further, the study reveals that the relationship between GEI, KS, and SP is mediated by GI. The study offers a plethora of suggestions to various stakeholders generally and to Saudi authorities specifically.
The positive role of entrepreneurship and micro and small enterprises in providing job opportunities necessitated a further investigation into the critical individual factors motivating individuals and potential entrepreneurs (students) to develop their entrepreneurial intentions and act green. Accordingly, we aimed to examine the effects of crucial factors—environmental self-identity (ESI) and green mindfulness (GM)—on students’ (potential entrepreneurs’) development of green self-efficacy (GSE) and to examine the influence of GSE on their green entrepreneurial intentions (GEIs). The study sample of 202 potential entrepreneurs was drawn from two Applied and Business Administration Colleges at King Faisal University. The collected data were analysed and interpreted using partial least squares structural equation modelling (PLS-SEM). The research produced exciting results showing that ESI and GM positively influenced GSE and that GSE positively affected GEI. The results also revealed GSE’s capability to mediate the connection between GM, ESI, and GEI. This paper concludes by providing several suggestions for decision-makers in the study context.
Despite the recognized importance of digital transformation, there remains a research gap regarding the specific mechanisms through which digital leadership enables organizations to translate digital strategies into sustainable outcomes. This study addresses this gap by examining the role of digital leadership (DL) as a critical driver of digital transformation (DT), while highlighting the mediating effects of artificial intelligence (AI) and digital innovation (DI). Drawing on the Dynamic Capabilities Theory, we conceptualize DL as a sensing and seizing capability that mobilizes organizational resources to foster AI adoption and support DI, thereby achieving transformational resilience. Using a convenience sample of 346 employees from five-star hotels and class-A travel agencies in Greater Cairo, Egypt, data were analyzed through Partial Least Squares Structural Equation Modeling (PLS-SEM). The findings reveal that DL has a strong direct impact on DT and, more importantly, an indirect effect through enhancing AI productivity and enabling DI. This dual pathway advances theoretical understanding of how digital leadership shapes transformation processes and offers practical evidence for tourism and hospitality firms seeking to sustain competitiveness in dynamic market environments.