IDEAS home Printed from https://ideas.repec.org/a/idn/jimfjn/v4y2018i1jp183-204.html
   My bibliography  Save this article

Proposing A Model For Entrepreneurship Development: The Role Of Entrepreneurs’ Cash Waqf Intention

Author

Listed:
  • Sherifah Oshioke Musa

    (International Islamic University Malaysia)

  • Marhanum Che Mohd Salleh

    (International Islamic University Malaysia)

Abstract

This paper aims to propose a model of entrepreneurship development by focusing on the role of cash waqf intention as a mediator on the relationship of cash waqf awareness, religiosity, attitude towards act, subjective norms, perceived behavioral and entrepreneurship development. By enhancing the theory of planned behavior, a structured question was designed to survey 459 Nigerian entrepreneurs. SEM analysis was used to test the theoretical framework and to propose a model of entrepreneurship development in Nigeria by means of Waqf. Result shows that the most important variables to explain entrepreneurs’ cash waqf intention for business growth are cash waqf awareness and attitude towards cash waqf. It is argued in this research that the presence of high level of cash waqf awareness and the attitude towards cash waqf can play an important role in achieving business growth. The paper extends the applicability of the theory of planned behavior, cash waqf awareness and religiosity in investigating the effect of cash waqf intention for business development.

Suggested Citation

  • Sherifah Oshioke Musa & Marhanum Che Mohd Salleh, 2018. "Proposing A Model For Entrepreneurship Development: The Role Of Entrepreneurs’ Cash Waqf Intention," Journal of Islamic Monetary Economics and Finance, Bank Indonesia, vol. 4(1), pages 183-204, August.
  • Handle: RePEc:idn:jimfjn:v:4:y:2018:i:1j:p:183-204
    DOI: https://doi.org/10.21098/jimf.v4i1.764
    as

    Download full text from publisher

    File URL: http://jimf-bi.org/index.php/JIMF/article/download/764/718
    Download Restriction: no

    File URL: https://libkey.io/https://doi.org/10.21098/jimf.v4i1.764?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Magda Ismail Abdel Mohsin, 2013. "Financing through cash-waqf: a revitalization to finance different needs," International Journal of Islamic and Middle Eastern Finance and Management, Emerald Group Publishing Limited, vol. 6(4), pages 304-321, November.
    2. Magda Ismail Abdel Mohsin, 2013. "Financing through cash-waqf: a revitalization to finance different needs," International Journal of Islamic and Middle Eastern Finance and Management, Emerald Group Publishing Limited, vol. 6(4), pages 304-321, November.
    3. Magda Ismail Abdel Mohsin, 2013. "Financing through cash-waqf: a revitalization to finance different needs," International Journal of Islamic and Middle Eastern Finance and Management, Emerald Group Publishing Limited, vol. 6(4), pages 304-321, November.
    4. Lee, Chang Hwan & Rhee, Byong-Duk, 2011. "Trade credit for supply chain coordination," European Journal of Operational Research, Elsevier, vol. 214(1), pages 136-146, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Wan Mohd Al Faizee Wan Ab Rahaman & Suhada Ishak, 2024. "Proposed Risk Management Framework for the Development Waqf Asset Portfolio in Malaysia," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(12), pages 2001-2012, December.
    2. repec:idn:jimfjn:v:4:y:2018:i:1j:p:1-22 is not listed on IDEAS
    3. Mou, W.M. & Wong, W.-K. & McAleer, M.J., 2018. "Financial Credit Risk and Core Enterprise Supply Chains," Econometric Institute Research Papers EI2018-27, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
    4. Cao, Erbao & Du, Lingxia & Ruan, Junhu, 2019. "Financing preferences and performance for an emission-dependent supply chain: Supplier vs. bank," International Journal of Production Economics, Elsevier, vol. 208(C), pages 383-399.
    5. Xiaoli Zhang & Guoyi Xiu & Fakhar Shahzad & Yupeng Duan, 2021. "Optimal Financing Strategy in a Capital-Constrained Supply Chain with Retailer Green Marketing Efforts," Sustainability, MDPI, vol. 13(3), pages 1-19, January.
    6. Silaghi, Florina & Moraux, Franck, 2022. "Trade credit contracts: Design and regulation," European Journal of Operational Research, Elsevier, vol. 296(3), pages 980-992.
    7. Tarkom, Augustine & Yang, Lukai, 2024. "Presidential economic approval rating and trade credit," International Review of Financial Analysis, Elsevier, vol. 93(C).
    8. Liming Zhao & Ling Li & Yao Song & Cong Li & Yujie Wu, 2018. "Research on Pricing and Coordination Strategy of a Sustainable Green Supply Chain with a Capital-Constrained Retailer," Complexity, Hindawi, vol. 2018, pages 1-12, January.
    9. Bi, Chen & Zhang, Baofeng & Yang, Feng & Wang, Yifan & Bi, Gongbing, 2022. "Selling to the newsvendor through debt-shared bank financing," European Journal of Operational Research, Elsevier, vol. 296(1), pages 116-130.
    10. Faranak Emtehani & Nasim Nahavandi & Farimah Mokhatab Rafiei, 2023. "Trade credit financing for supply chain coordination under financial challenges: a multi-leader–follower game approach," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 9(1), pages 1-39, December.
    11. Faranak Emtehani & Nasim Nahavandi & Farimah Mokhatab Rafiei, 2021. "A joint inventory–finance model for coordinating a capital-constrained supply chain with financing limitations," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 7(1), pages 1-39, December.
    12. Yong Zha & Kehong Chen & Xiaohang Yue & Yugang Yu & Samar Mukhopadhyay, 2019. "Trade credit contract in the presence of retailer investment opportunity," Naval Research Logistics (NRL), John Wiley & Sons, vol. 66(4), pages 283-296, June.
    13. Zhang, Wen & Yan, Shaoshan & Li, Jian & Tian, Xin & Yoshida, Taketoshi, 2022. "Credit risk prediction of SMEs in supply chain finance by fusing demographic and behavioral data," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 158(C).
    14. Phan, Dinh Anh & Hovelaque, Vincent & Viviani, Jean-Laurent, 2023. "Integrating point-of-sale financing into the coordination of a price and credit dependent e-commerce supply chain," International Journal of Production Economics, Elsevier, vol. 259(C).
    15. Jing Qin & Kun Qin & Yuxiang Cheng & Desheng Wu, 2022. "Trade Credit Insurance for the Capital-Constrained Supplier," Sustainability, MDPI, vol. 14(21), pages 1-19, October.
    16. Xu, Song & Fang, Lei & Govindan, Kannan, 2022. "Energy performance contracting in a supply chain with financially asymmetric manufacturers under carbon tax regulation for climate change mitigation," Omega, Elsevier, vol. 106(C).
    17. Jena, Sarat Kumar & Padhi, Sidhartha S & Cheng, T.C.E., 2023. "Optimal selection of supply chain financing programmes for a financially distressed manufacturer," European Journal of Operational Research, Elsevier, vol. 306(1), pages 457-477.
    18. Yang, Honglin & Zhuo, Wenyan & Shao, Lusheng, 2017. "Equilibrium evolution in a two-echelon supply chain with financially constrained retailers: The impact of equity financing," International Journal of Production Economics, Elsevier, vol. 185(C), pages 139-149.
    19. Priya, Bhawna & Biswas, Indranil & Thürer, Matthias & Avittathur, Balram, 2023. "How to finance the supply chain when you are small? Clearance sale and loan payment timing in financially constrained supply chains," International Journal of Production Economics, Elsevier, vol. 263(C).
    20. Marjaneh Jahangiri Lahkani & Shouyang Wang & Mariusz Urbański & Mariya Egorova, 2020. "Sustainable B2B E-Commerce and Blockchain-Based Supply Chain Finance," Sustainability, MDPI, vol. 12(10), pages 1-14, May.
    21. Zhang, Tiantian & Zhang, Cherry Yi & Pei, Qifan, 2019. "Misconception of providing supply chain finance: Its stabilising role," International Journal of Production Economics, Elsevier, vol. 213(C), pages 175-184.

    More about this item

    Keywords

    Awareness; Religiosity; Waqf;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • G41 - Financial Economics - - Behavioral Finance - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making in Financial Markets
    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:idn:jimfjn:v:4:y:2018:i:1j:p:183-204. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Lutzardo Tobing The email address of this maintainer does not seem to be valid anymore. Please ask Lutzardo Tobing to update the entry or send us the correct address or Jimmy Kathon (email available below). General contact details of provider: https://edirc.repec.org/data/bigovid.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.