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Unraveling the Hidden Costs: How Cable Theft and Vandalism Fuel Soaring Energy Tariffs in Emerging Economies

Author

Listed:
  • Farrukh Nawaz

    (Faculty of Business Studies, Arab Open University, Riyadh, Saudi Arabia)

  • Umar Kayani

    (College of Business, Al Ain University, Abu Dhabi, United Arab Emirates)

  • Ahmet Faruk Aysan

    (Hamad Bin Khalifa University, Doha, Qatar)

Abstract

Escalating utility costs and challenging financial circumstances make it increasingly difficult for consumers to afford essential services. This financial strain also spills over into the workplace, where employees resort to pilfering company assets, resulting in significant annual losses for these utility firms. Our study aims to identify the organizational factors and individual personality traits that motivate employees to engage in cable theft and vandalism, subsequently driving up tariffs. Utilizing the frameworks of the Reasoned Action Theory (TRA) and the Theory of Planned Behavior (TPB), we seek to elucidate the underlying motivations for such theft and destruction of property. Factors such as an unsatisfactory work environment, perceived unfair treatment by management, subpar wages, and easy opportunities for theft are identified as key motivators. To effectively mitigate these issues, targeted policy measures and strategies need to be implemented to influence employee attitudes and perceptions, thereby reducing incidents of theft and vandalism.

Suggested Citation

  • Farrukh Nawaz & Umar Kayani & Ahmet Faruk Aysan, 2024. "Unraveling the Hidden Costs: How Cable Theft and Vandalism Fuel Soaring Energy Tariffs in Emerging Economies," International Review of Management and Marketing, Econjournals, vol. 14(6), pages 255-262, October.
  • Handle: RePEc:eco:journ3:2024-06-26
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    References listed on IDEAS

    as
    1. Choudhury, Tonmoy & Kayani, Umar Nawaz & Gul, Azeem & Haider, Syed Arslan & Ahmad, Sareer, 2023. "Carbon emissions, environmental distortions, and impact on growth," Energy Economics, Elsevier, vol. 126(C).
    2. Rutu Dave & Connie Smyser & Fabian Koehrer, 2019. "Where and How Slum Electrification Succeeds," World Bank Publications - Reports 31896, The World Bank Group.
    3. Xin Xie & Shabnam Khan & Saqib Rehman & Shumaila Naz & Syed Arslan Haider & Umar Nawaz Kayani, 2024. "Ameliorating sustainable business performance through green constructs: a case of manufacturing industry," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(9), pages 22655-22687, September.
    4. Wang, Chengjie & Zhou, Dawei & Guo, Xiaojing & Kayani, Umar Nawaz, 2024. "Role of natural resource rents, financial development and technological research in achieving sustainable development: A study of South Asian Countries," Resources Policy, Elsevier, vol. 89(C).
    5. Wabukala, Benard M. & Mukisa, Nicholas & Watundu, Susan & Bergland, Olvar & Rudaheranwa, Nichodemus & Adaramola, Muyiwa S., 2023. "Impact of household electricity theft and unaffordability on electricity security: A case of Uganda," Energy Policy, Elsevier, vol. 173(C).
    6. Mirzat Ullah & Kazi Sohag & Farrukh Nawaz & Oleg Mariev & Umar Kayani & Igor Mayburov & Svetlana Doroshenko, 2024. "Impact of Oil Price Shocks on Crypto and Conventional Financial Assets during Financial Crises: Evidence from the Russian Financial Market," International Journal of Energy Economics and Policy, Econjournals, vol. 14(4), pages 472-483, July.
    7. Oluwafemi Aladejuyigbe & Olawumi Dele Awolusi, 2021. "Global Energy Poverty: Nigeria as a Case Study," Information Management and Business Review, AMH International, vol. 13(3), pages 14-29.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Emerging Economies; Energy Tariffs; Cable Theft; Vandalism; Planned Behavior; Reasoned Action; Employee Attitude;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q47 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy Forecasting

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