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All Journal Annals of Human Resource Management Research Journal of Governance and Accountability Studies
Rahim, Md Jawadur
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Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

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Blockchain adoption in sustainable supply chains: Opportunities, challenges, and sustainability impacts across sectors Rahim, Md Jawadur; Islam, Md. Jahidul; Nath, Subroto Deb; Rahim, Muhammad Ihsan Ibn; Yeasir, Ather
Annals of Human Resource Management Research Vol. 4 No. 2 (2024): September
Publisher : Goodwood Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35912/ahrmr.v4i2.2523

Abstract

Purpose: This research reviews blockchain technology's integration into modern financial systems, outlining its huge potential to bring about improvement in areas such as transparency, security, and operational efficiency. Based on the challenges of data integrity, fraud prevention, and reduction of intermediaries, the study assesses the transformational role of blockchain in financial institutions. Research Methodology: A mixed-methods approach was taken, where quantitative data from the surveys of 150 financial executives across different types of organizations were combined with qualitative insights from expert interviews. Such statistical analysis, complemented by thematic interpretation, could enable an integrated assessment of blockchain applications and related challenges in the financial sector. Results: The results reveal that blockchain significantly enhances the transparency and security of transactions, hence reducing fraud and manipulation of data. The respondents were very optimistic about the cost reductions due to the elimination of intermediaries. Yet, these are counterbalanced by barriers to wide diffusion, such as scalability issues, regulatory uncertainties, and technical integration complexities that reduce the full potential of blockchain. Limitations: The limitations of the study are the small sample size, which limits the generalization of findings. Further research with larger and more diverse samples is needed to investigate more comprehensively the impact of blockchain on the financial sectors. Contributions: The research, therefore, contributes to discourses on blockchain as a transformative finance technology, giving insights into useful strategic, policy, and technology issues. Novelty: It also presented both opportunities and challenges in view of realizing blockchain's role in digitizing financial ecosystems.
Mediating role in industry 4.0 (4IR) adoptions and sustainable corporate financial growth in developed economies Rahim, Md Jawadur; Islam , Md. Jahidul; Islam, Md. Nasirul; Rahim, Muhammad Ihsan Ibn
Journal of Governance and Accountability Studies Vol. 4 No. 2 (2024): July
Publisher : Goodwood Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35912/jgas.v4i2.2511

Abstract

Purpose: This study explores the role of Industry 4.0 maturity in enhancing corporate financial performance in developed economies. It examines how technological innovation impacts internal business process performance (IBPP), supply chain performance (SCP), and customer performance, which mediate financial outcomes. Methods: A survey was conducted among 110 manufacturing firms in the United States, selected from a database of 834 eligible companies. The study employed AMOS software for structural equation modelling (SEM) to test hypotheses based on survey data. The maturity of Industry 4.0 technologies in these firms was measured using a comprehensive framework. Results: The study found that Industry 4.0 maturity significantly improves IBPP and SCP, positively affecting customer performance. Notably, customer performance serves as a full mediator between SCP, IBPP, and financial performance. Firms with higher Industry 4.0 maturity show better financial results due to improved customer engagement and satisfaction. Limitations: The study's findings are based on a sample of 110 firms, which limits generalizability. Future research with larger and more diverse samples is recommended. Contributions: This research contributes to understanding how Industry 4.0 technologies influence financial success, providing valuable insights for policymakers and business leaders in manufacturing sectors. Novelty: The study uniquely examines the complementary roles of IBPP, SCP, and customer performance in mediating the relationship between Industry 4.0 maturity and financial outcomes.
Co-Authors Islam , Md. Jahidul Islam, Md. Jahidul Islam, Md. Nasirul Nath, Subroto Deb Rahim, Muhammad Ihsan Ibn Yeasir, Ather