The Mediating Role of Psychological Empowerment on the Relationship Between Digital Transformation, Innovative Work Behavior, and Organizational Financial Performance
With the use of digital technologies in today’s innovation era, the financial sector has transformed how they facilitate customer business and generate a high level of revenue. This study aims to explore the relationship between innovative work behavior (IWB), digital transformation (DT), and organi...
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| Format: | Article |
| Language: | English |
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MDPI AG
2024-12-01
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| Series: | Behavioral Sciences |
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| Online Access: | https://www.mdpi.com/2076-328X/15/1/5 |
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| author | Saqib Muneer Ajay Singh Mazhar Hussain Choudhary Awwad Saad Alshammari |
| author_facet | Saqib Muneer Ajay Singh Mazhar Hussain Choudhary Awwad Saad Alshammari |
| author_sort | Saqib Muneer |
| collection | DOAJ |
| description | With the use of digital technologies in today’s innovation era, the financial sector has transformed how they facilitate customer business and generate a high level of revenue. This study aims to explore the relationship between innovative work behavior (IWB), digital transformation (DT), and organizational financial performance (OFP) to analyze the mediating role of workers’ psychological empowerment (PE) between independent and dependent variables. Further, we examined the moderating role of smart technologies (ST) between PE and OFP. This study collected data from Saudi banking sector employees using a well-structured questionnaire adopted from previous literature. Next, Smart-PLS was used to analyze the data using the structural equation modeling-partial least squares (SEM-PLS) approach. The results reveal that IW positively relates to OFP, with PE mediating this relationship. Furthermore, DT positively affects OFP. ST acts as a positive moderator that enhances workers’ PE and OFP. Meanwhile, PE, as a mediator, positively relates DT and IWB to OFP. Overall, this study makes valuable theoretical, empirical, and practical contributions, which can benefit bank management, policymakers, and future academic research. |
| format | Article |
| id | doaj-art-fc3ab11be49841338a3a8ca28d400e20 |
| institution | Kabale University |
| issn | 2076-328X |
| language | English |
| publishDate | 2024-12-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Behavioral Sciences |
| spelling | doaj-art-fc3ab11be49841338a3a8ca28d400e202025-01-24T13:22:35ZengMDPI AGBehavioral Sciences2076-328X2024-12-01151510.3390/bs15010005The Mediating Role of Psychological Empowerment on the Relationship Between Digital Transformation, Innovative Work Behavior, and Organizational Financial PerformanceSaqib Muneer0Ajay Singh1Mazhar Hussain Choudhary2Awwad Saad Alshammari3Department of Economics and Finance, College of Business Administration, University of Ha’il, Ha’il 55476, Saudi ArabiaDepartment of Management and Information Systems, College of Business Administration, University of Ha’il, Ha’il 55476, Saudi ArabiaDepartment of Economics and Finance, College of Business Administration, University of Ha’il, Ha’il 55476, Saudi ArabiaDepartment of Management and Information Systems, College of Business Administration, University of Ha’il, Ha’il 55476, Saudi ArabiaWith the use of digital technologies in today’s innovation era, the financial sector has transformed how they facilitate customer business and generate a high level of revenue. This study aims to explore the relationship between innovative work behavior (IWB), digital transformation (DT), and organizational financial performance (OFP) to analyze the mediating role of workers’ psychological empowerment (PE) between independent and dependent variables. Further, we examined the moderating role of smart technologies (ST) between PE and OFP. This study collected data from Saudi banking sector employees using a well-structured questionnaire adopted from previous literature. Next, Smart-PLS was used to analyze the data using the structural equation modeling-partial least squares (SEM-PLS) approach. The results reveal that IW positively relates to OFP, with PE mediating this relationship. Furthermore, DT positively affects OFP. ST acts as a positive moderator that enhances workers’ PE and OFP. Meanwhile, PE, as a mediator, positively relates DT and IWB to OFP. Overall, this study makes valuable theoretical, empirical, and practical contributions, which can benefit bank management, policymakers, and future academic research.https://www.mdpi.com/2076-328X/15/1/5digital transformationorganizational financial performancepsychological empowermentIWB |
| spellingShingle | Saqib Muneer Ajay Singh Mazhar Hussain Choudhary Awwad Saad Alshammari The Mediating Role of Psychological Empowerment on the Relationship Between Digital Transformation, Innovative Work Behavior, and Organizational Financial Performance Behavioral Sciences digital transformation organizational financial performance psychological empowerment IWB |
| title | The Mediating Role of Psychological Empowerment on the Relationship Between Digital Transformation, Innovative Work Behavior, and Organizational Financial Performance |
| title_full | The Mediating Role of Psychological Empowerment on the Relationship Between Digital Transformation, Innovative Work Behavior, and Organizational Financial Performance |
| title_fullStr | The Mediating Role of Psychological Empowerment on the Relationship Between Digital Transformation, Innovative Work Behavior, and Organizational Financial Performance |
| title_full_unstemmed | The Mediating Role of Psychological Empowerment on the Relationship Between Digital Transformation, Innovative Work Behavior, and Organizational Financial Performance |
| title_short | The Mediating Role of Psychological Empowerment on the Relationship Between Digital Transformation, Innovative Work Behavior, and Organizational Financial Performance |
| title_sort | mediating role of psychological empowerment on the relationship between digital transformation innovative work behavior and organizational financial performance |
| topic | digital transformation organizational financial performance psychological empowerment IWB |
| url | https://www.mdpi.com/2076-328X/15/1/5 |
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