3 research outputs found

    An investigation on the impact of environment factors as constraints on Libyan commercial adoption of Islamic financial transactions using the Neo-Institutional Theory

    Get PDF
    This paper highlights the Libyan commercial banks’ institutional environment, as institutional constraints on their adoption of Islamic financial transactions. Principally, in the context of formal and informal constraints, the article investigates Libyan commercial banks' external institutional environment that governs their behavior and decisions. To achieve this end, the authors employed reports of the Libyan Central Bank, local, international reports, and semi-structured interviews. Finally, it reviews the implications to investigate the institutional environment and the study result conducted about Libyan commercial banks. Highlighting the research gap as a future study opens up new horizons to research the effect of the external environment on the commercial banks ' adoption of Islamic financial transactions. Specifically, providing a framework that includes the influence of all main actors that openly determine the commercial banks' organizational behavior rather than the only influence of bank's users

    The External Environment as Driving To Organizational Change Under Internal Environment's Adaptation: "Empirical Evidence From Commercial Banks’ adoption of Islamic Financial Transactions In Libya”

    Get PDF
    The Issue Under Study and Search Gap Literary review to define the Conceptual Framework of the study Hypothesized Modelling Adopted Methodology Results and Discussions of Hypothesized Modelling Conclusion and Horizons for future researc

    The external environment driving internal organizational change: empirical evidence from commercial banks’ adoption of Islamic financial transactions in Libya

    No full text
    This paper examines the Libyan commercial banks’ adoption of Islamic financial transactions to achieve a real value for stakeholders related to internal environmental adaptation. Accordingly, a questionnaire was designed and distributed to 14 commercial banks in Libya. Structural Equation Modelling (SEM) has been employed for testing the hypotheses. In the context of hypothesized modeling, the conceptual framework portrayed the constructs of the variables employed in the study to be Libyan commercial banks’ adoption of financial transactions as the dependent variable and the external environment as factors driving organizational change as the independent variable. The adaptation of the commercial banks’ internal environment acts as a mediating variable. The Confirmatory Factor Analysis (CFA) is applied to the relationship between measures of constructs and indicators. The results showed that the estimations of maximum likelihood (ML) were satisfactory. The results of SEM showed that commercial banks’ adoption of Islamic financial transactions is more related to their capability of adapting their internal environment than achieving an economic and social value of stakeholders. Finally, the article provides future research directions on commercial banks’ ability to adapt to their internal environment to drive change and commercial banks’ adoption of Islamic financial transactions
    corecore