International Journal of Management and Enterprise Development (8 papers in press)

Regular Issues

• The impact of adopting IFRS, a comparison between emerging and developed economies  
  by Ibrahim Mert 
  Abstract: The International Financial Reporting Standards (IFRS) are presented as global accounting standards. The IFRS has enhanced accounting quality in developed European countries, according to study. This study compares IFRS implementation in developed and emerging economies. This study uses quantitative and qualitative methods to examine the hypothesis. In qualitative assessment, comprehensive literature review is used. The quantitative hypothesis testing showed no difference in IFRS adoption between emerging and developing nations. The study also shows how socioeconomic position affects standard implementation in different countries. Journal articles from 2015-2021 were chosen. An organised literature evaluation collected data from 46 studies published throughout the observed time. Results revealed that adopting IFRS improves accounting information and FDI. Foreign direct investments and financial reporting quality were most affected in emerging economies. The study suggests that developed and emerging economies without the IFRS should weigh its pros and downsides. The research indicates several aspects, such as corporate governance structures, that might help emerging economies adopt IFRS and reap its full benefits.
  Keywords: International Financial Reporting Standard; IFRS; financial reporting quality: foreign direct investments; developed countries; emerging countries.
  DOI: 10.1504/IJMED.2025.10069244
   
  
• Exploring leadership in change management: a bibliometric and systematic review for enterprise development  
  by S. Divya , B. Prabu Christopher  
  Abstract: Effective leadership is vital for guiding organisations through change, ensuring smooth transitions, and fostering resilience in today’s dynamic environment. Leaders must motivate, communicate a clear vision, and build trust to navigate complex situations successfully. This paper identifies the leadership style most critical during organisational change and explores the qualities proposed by the corpus’s authors. Using bibliometric analysis, we mapped conceptual structures, thematic trends, and influential contributors. A systematic literature review (SLR) was employed to develop a conceptual framework based on the suggested qualities. Findings reveal that transformational leadership is pivotal during transitions, with attributes like effective communication, employee development, integrity, and justice playing key roles. This study uniquely contributes by: 1) proposing a conceptual model differentiating leader traits by emotional, cognitive, and behavioural components; 2) utilising co-occurrence analysis to establish a conceptual framework; and 3) integrating insights from SLR and bibliometric analyses, offering a comprehensive perspective on leadership during change.
  Keywords: leadership; leader qualities; organisational change; scientific mapping; systematic literature review.
  DOI: 10.1504/IJMED.2025.10070066
   
  
• Measurement of co-agglomeration degree and spatial scale of venture capitalists and new firms in Beijing based on the DO index  
  by Jun Li, Ruishan Hu 
  Abstract: To measure the co-agglomeration degree and spatial scale of venture capitalists (VCs) and new firms (investees), using 7,451 rounds of financing deals in Beijing, China, during 2010-2019, the Duranton and Overman index (DO index), based on distance-based Kd function to determine the distribution of bilateral distances between firms, is introduced to calculate the co-agglomeration degree and spatial scale of VCs and investees. Results show the highest frequency of distances between VCs and investees falls in 10-20 km. VCs and investees in the start-up stage have higher co-agglomeration degree and smaller spatial scale than those in the growth stage. Governmental VCs and investees have higher co-agglomeration degree and smaller spatial scale than foreign VCs. The difference in the co-agglomeration degree of governmental VCs and investees in different stages is greater than those of foreign and private VCs. Heterogeneity of the co-agglomeration of VCs and investees within different cities needs further investigation.
  Keywords: venture capitalist; new firm; co-agglomeration degree; the spatial scale of co-agglomeration; DO index.
  DOI: 10.1504/IJMED.2025.10069896
   
  
• The impact of business environment towards, entrepreneurs performance: a bibliometric analysis  
  by Nyo Me Hlaing, Xiaokang Zhao, Sivhouy Oeun, Shafiq Azam, Suvd Otgonbaatar 
  Abstract: This bibliometric analysis examines the characteristics and network of business environment and entrepreneurs’ performance through HistCite and VOS Viewer. Based on an examination of of 363 publications from 1998 to 2023, the findings reveal that Aidis R is the most prominent author in this field, with their work being the highest cited. Amfiteatru Economic leads as the most significant journal, while Bucharest Univ Econ Studies stands out as the leading institution. The USA ranks as the most prominent country in this research area. Through cluster and content analysis, the study highlights key themes and provides valuable insights for future research directions.
  Keywords: business environment; entrepreneurs; performance; bibliometric; HistCite; VOS Viewer.
  DOI: 10.1504/IJMED.2025.10069942
   
  
• Social enterprise development: implications from activity-based costing  
  by Kanokwan Kingphadung, Sujin Woottichaiwat, Suphaphat Kwonpongsagoon, Kongkiti Phusavat 
  Abstract: The case study examines the impacts from integrating activity-based costing (ABC) for the coop’s cost management. It operated in the milk industry which was regulated with price control. Its main challenge was to meet the local municipality’s demands for school consumption. Most of the coop’s revenue came from the fixed-price contract with the local municipality. In addition, environmental regulations and business uncertainty during the COVID-19 pandemic motivated the coop to explore ABC as a pilot for cost management. Many issues and shortcomings were discovered. For instance, the environmental cost needs to be directly part of production (instead of the cost of supporting production) to ensure the accuracy and usefulness of the unit cost of the coop’s products. Cost drivers were also identified. Many implications relating to the coop’s operations and ABC’s implementation on enterprise development and learning are discussed such as the importance of technology and workplace learning.
  Keywords: activity-based costing; ABC: social enterprise; cost management; learning; collaboration.
  DOI: 10.1504/IJMED.2025.10069943
   
  
• Assessing the impact of compensation management in enhancing employee loyalty among Gen Z through PLS predict analysis: having organisational learning culture as a mediator with special reference to the Indian IT industry  
  by A. Shakti Priya, B. Prabu Christopher  
  Abstract: Involuntary attrition and layoffs in the global IT sector adversely impact Generation Z’s employability, primarily due to their limited work experience. This research applies social exchange theory to examine how organisational learning culture (OLC) influences the relationship between compensation management (CM) practices and employee loyalty (EL) among Generation Z in India’s IT sector, addressing the research gap in existing literature with this demographic context. The study, involving 293 respondents in tier 1 cities, reveals that a 1% increase in CM directly influences EL by 0.34% and indirectly by 0.27%, with OLC as a mediator. The total effect of CM on EL, mediated through OLC, is enhanced by 0.61%. The findings suggest that companies can strengthen compensation structures and learning environments by providing both monetary and non-monetary incentives aligned with Generation Z’s career goals. Implementing coaching and mentoring programs can further build connections, alleviate anxiety, and boost employee loyalty and performance.
  Keywords: organisational learning culture; OLC; compensation management; employee loyalty; social exchange theory; SET; Generation Z; IT industry; PLS predict.
  DOI: 10.1504/IJMED.2025.10070060
   
  
• Analysing the influence of entrepreneurship on entrepreneurship intention: a moderating effect of atychiphobia (fear of failure)  
  by Oswin Aganda Anaba, Benjamin Azembila Asunka, Emmanuel Caesar Ayamba, Christopher Akaligang, Benjamin Adongo 
  Abstract: This study looked into how the dimensions of entrepreneurship and atychiphobia affect entrepreneurial intention in a startup-friendly environment. The survey was conducted among owners and managers of small businesses. A total of 246 survey responses were used for the analysis. The variables were measured using a 7-point Likert scale. The moderating effect of atychiphobia was validated by dividing it into three dimensions: phobia of financial loss, phobia of psychological loss, and phobia of career loss. As a result, proactiveness and risk-taking were found to be positively significant in relation to entrepreneurial intention, however innovativeness was not significant. The correlation between the variables was relatively high. The findings suggested that the dimensions of atychiphobia (phobia of financial loss, phobia of psychological loss, and phobia of career loss) had no moderating effect between entrepreneurial orientation and entrepreneurial intention. Policy implications were therefore suggested based on the study findings.
  Keywords: entrepreneurship orientation; EO; entrepreneurship; atychiphobia; entrepreneurial intention; EI; moderation effect.
  DOI: 10.1504/IJMED.2025.10070143
   
  
• Immigrant and entrepreneurial dynamics in institutional trust  
  by Ella Gurevich, Nonna Kushnirovich 
  Abstract: This study explores the relationship between immigration, employment type (entrepreneurship vs. salaried work), and institutional trust, focusing on immigrant entrepreneurs in Israel. Using data from the 2022 Israeli Social Survey (N = 6,501), the findings reveal that immigrants generally exhibit higher institutional trust than native-born individuals, though this trust diminishes over time. Entrepreneurs, regardless of origin, report the lowest trust levels, likely due to more frequent interactions with regulatory institutions. Among immigrant entrepreneurs, the positive effect of immigration counterbalances the negative effect of entrepreneurship. Possible explanations include different reference points for the immigrants as well as their initial idealisation of host-country institutions. On the negative side are accumulated frustrations with bureaucratic systems. The study contributes to the literature on entrepreneurship, institutional trust, and immigration, particularly regarding immigrants’ adaptation. The study offers insights for policymakers aiming to strengthen civic participation and trust among immigrants, fostering a more inclusive and stable society.
  Keywords: entrepreneurs; immigrants; trust in institutions; political efficacy.
  DOI: 10.1504/IJMED.2025.10070272