Exploring the relationship between organizational culture and well-being of educational institutions in Jordan

Organizational culture is a critical factor in shaping companies' overall well-being, which can impact their employees' job satisfaction, loyalty, creativity, and productivity. In this study, the researchers aimed to examine the relationship between organizational culture and companies' well-being in the Education sector in Jordan. To achieve their goal, the researchers surveyed 500 participants from various departments in the Education sector in Jordan, categorizing organizational culture into four types: Clan, Adhocracy, Market, and Hierarchy. The well-being of companies was measured through employee loyalty, creativity, and productivity. The data from 352 valid questionnaires were analyzed using SPSS. This study's findings suggest that a positive organizational culture is significantly associated with increased employee job satisfaction, loyalty, creativity, and productivity. Moreover, the study highlighted the importance of developing a positive organizational culture, fostering a sense of community and shared values, providing opportunities for employee development and growth, and promoting a supportive and inclusive work environment to achieve organizational success. Understanding the role of organizational culture in promoting employee well-being and companies' success is critical, particularly in the Education sector in Jordan. This study's recommendations provide valuable insights for companies to prioritize developing a positive organizational culture to achieve long-term success and employee well-being

Impact of Open Big Data and Insurtech on Business Digitalization

The need for the insurance sector to modernize its operations and implement digital transformation is indisputable. Insurance technology has emerged as a result of digital change in the insurance sector (InsurTech). With the introduction of numerous digital insurance service providers in UAE is developing rather quickly and will only continue to expand. Throughout the whole lifetime of an insurance product, including pre-contract, product creation, post-contract, back office operations, and risk management, insurtech can be used. In order to evaluate the insurtech need with big data and their impact on business digitalization this research was conducted. Empirical evidences composed from insurance industry located in Dubai UAE through an online survey. 46 companies were approached to collect data using a descriptive research. A valid sample size of 166 employees used for data analysis. SmartPLS 4 software used to measure the hypothesized model. Findings revealed significant relationship of each construct. Additionally, due to low insurance penetration as well as the growth of insurtech start-ups, the UAE has a great potential for insurtech. The difficulties that Insurtech faces are mostly caused by existing legislation that do not yet directly address Insurtech.</p

Eco-innovation and financial performance nexus: Does company size matter?

Nowadays, there is an increasing recognition of the value of eco-innovation in both academic and practical spheres. Establishing the connection between eco-innovation and corporate performance is highly important. This paper aimed to analyze the correlation between eco-innovation, corporate performance, and company size. To accomplish this goal, the paper collected unique data from 383 global non-financial companies using the Refinitiv Eikon database from 2013 to 2022. This paper uses fixed effect and (generalized method of moment) GMM techniques to overcome possible endogeneity concerns. The strong empirical results display a positive relationship between eco-innovation and corporate performance. Importantly, this paper discovered that the size of companies significantly magnifies the effect of eco-innovation on corporate performance. Our findings are still robust to endogeneity concerns. The results confirm that prioritizing eco-innovation can benefit larger companies in multiple ways, including boosting productivity, avoiding penalties, expanding into new markets, improving green image, and gaining a competitive edge, all of which ultimately enhance corporate performance. Additionally, the extensive evaluation by stakeholders enables these larger corporations to generate increased profits. This paper aims to contribute the innovation literature by exploring an under-explored topic using extensive panel data and offering practical guidance for non-financial firm stakeholders. The implications of the findings have various impacts on future research and policy development. Furthermore, this paper aims to assist policymakers in establishing impactful mechanisms and guidelines that foster ecologically conscious attitudes. The conclusion assists managers in grasping the importance of context-based eco-innovation