Adoption of Social Media Marketing for Sustainable Business Growth of SMEs in Emerging Economies: The Moderating Role of Leadership Support
Abstract
:1. Introduction
- [i]
- To investigate the impact of SMM on the sustainable business growth of SMEs of emerging economies.
- [ii]
- To examine the factors which can predict the implementation of SMM in SMEs in emerging economies.
- [iii]
- To understand how leadership support could help SMEs to apply SMM in the emerging economies to achieve better sustainable business growth.
2. Theoretical Underpinning
2.1. Development of Hypotheses and Conceptual Model
2.1.1. Perceived Usefulness (PU)
2.1.2. Perceived Ease of Use (PEOU)
2.1.3. Behavioral Intention to Use SMM (BIS)
2.1.4. Actual Use of SMM (AUS) and SME Sustainable Growth (SSG)
2.1.5. Moderating Role of SME Leadership Support (SLS)
3. Research Methodology
3.1. Measurement Instruments
3.2. Data Collection
4. Data Analysis and Results
4.1. Measurement Properties and Discriminant Validity Test
4.2. Moderation Analysis (Multi Group Analysis)
4.3. Common Method Bias (CMB)
4.4. Hypotheses Testing (SEM)
4.5. Results
5. Discussion
5.1. Theoretical Contributions
5.2. Implication to Practice
5.3. Limitations and Future Scope
Author Contributions
Funding
Institutional Review Board Statement
Informed Consent Statement
Conflicts of Interest
Appendix A
Items | Source | Statements | Response [SD][D][N][A][SA] |
---|---|---|---|
PU1 | [19,38] | I believe that social media platform is useful for the business | [1] [2] [3] [4] [5] |
PU2 | [19,39] | I believe that social media platform is a valuable tool for marketing | [1] [2] [3] [4] [5] |
PU3 | [19] | Social media platform helps in superior customer query management | [1] [2] [3] [4] [5] |
PU4 | [19,40,41] | I believe that social media marketing helps in sustainability for the business | [1] [2] [3] [4] [5] |
PU5 | [42,43] | I think usage of social media platform helps improving customer satisfaction | [1] [2] [3] [4] [5] |
PU6 | [19,43] | I believe that social media marketing helps in reaching many customers with less cost | [1] [2] [3] [4] [5] |
PU7 | [42,43] | Social media platform enhances the overall productivity of the business | [1] [2] [3] [4] [5] |
PEOU1 | [19] | I like to use social media platform for connecting with my customers as it is easier to use | [1] [2] [3] [4] [5] |
PEOU2 | [19,46] | I think that social media marketing is easier to learn | [1] [2] [3] [4] [5] |
PEOU3 | [38,44] | I believe that identifying new customers using social media is easier than the traditional marketing process | [1] [2] [3] [4] [5] |
PEOU4 | [19,39,44] | I believe that using social media platform, marketers can quickly understand the customer needs | [1] [2] [3] [4] [5] |
PEOU5 | [19,44] | Using social media platform, it is easier to retrieve information regarding a potential customer | [1] [2] [3] [4] [5] |
PEOU6 | [38,44] | I believe I can efficiently use social media to market my product | [1] [2] [3] [4] [5] |
PEOU7 | [45,46] | Social media platform is cost effective for advertisement | [1] [2] [3] [4] [5] |
BIS1 | [39,41] | I intend to use social media platform for marketing purpose in future | [1] [2] [3] [4] [5] |
BIS2 | [50] | I am planning to learn social media to improve our customer reach | [1] [2] [3] [4] [5] |
BIS3 | [47,48] | I believe that most of the employees in our organization intend to use social media to improve customer interaction | [1] [2] [3] [4] [5] |
BIS4 | [41] | I know social media can help to increase my customer base | [1] [2] [3] [4] [5] |
BIS5 | [49,50] | Social media helps in getting quick customers’ feedback to improve the product features and functionalities | [1] [2] [3] [4] [5] |
BIS6 | [50] | There is a plan to integrate social media with our existing marketing tools | [1] [2] [3] [4] [5] |
AUS1 | [51,52] | I everyday use social media to understand my customer needs | [1] [2] [3] [4] [5] |
AUS2 | [53] | Frequent usage of social media helps me to understand my customer opinion about our products | [1] [2] [3] [4] [5] |
AUS3 | [54,55] | I believe that regular usage of social media marketing technique helps improving better revenue generation | [1] [2] [3] [4] [5] |
AUS4 | [57] | We have social media enabled customer relationship management tools which we regularly use | [1] [2] [3] [4] [5] |
AUS5 | [56] | I believe that frequent usage of social media for marketing purpose improves in sustainability of my organization | [1] [2] [3] [4] [5] |
AUS6 | [57,58] | I believe frequent use of social media for marketing purpose helps in improving competitiveness | [1] [2] [3] [4] [5] |
SSG1 | [51,52] | I believe that our organization performance has been improved after using social media platform | [1] [2] [3] [4] [5] |
SSG2 | [57] | I think that organization can improve their sales growth if they frequently use social media platform to interact with the customers | [1] [2] [3] [4] [5] |
SSG3 | [52,53] | I believe that our customers feel more connected with our organization after using social media | [1] [2] [3] [4] [5] |
SSG4 | [54] | I believe that usage of social media to understand the customer requirements is cost effective | [1] [2] [3] [4] [5] |
SSG5 | [57,58] | I believe that usage of social media platform for marketing products or services is the best practice across the industries | [1] [2] [3] [4] [5] |
References
- Anees-ur-Rehman, M.; Johnston, W.J. How multiple strategic orientations impact brand equity of B2B SMEs. J. Strat. Mark. 2019, 27, 730–750. [Google Scholar] [CrossRef]
- Casidy, R.; Nyadzayo, M.W.; Mohan, M. Service innovation and adoption in industrial markets: An SME perspective. Ind. Mark. Manag. 2019, 89, 157–170. [Google Scholar] [CrossRef]
- Seifzadeh, M.; Salehi, M.; Abedini, B.; Ranjbar, M.H. The relationship between management characteristics and financial statement readability. EuroMed J. Bus. 2021, 16, 108–126. [Google Scholar] [CrossRef]
- Muñoz-Pascual, L.; Curado, C.; Galende, J. The triple bottom line on sustainable product innovation performance in SMEs: A mixed methods approach. Sustainability 2019, 11, 1689. [Google Scholar] [CrossRef] [Green Version]
- Valaei, N.; Rezaei, S.; Ismail, W.K.W. Examining learning strategies, creativity, and innovation at SMEs using fuzzy set qualitative comparative analysis and PLS path modeling. J. Bus. Res. 2017, 70, 224–233. [Google Scholar] [CrossRef]
- Malik, K.; Jasińska-Biliczak, A. Innovations and other processes as identifiers of contemporary trends in the sustainable development of SMEs: The case of emerging regional economies. Sustainability 2018, 10, 1361. [Google Scholar] [CrossRef] [Green Version]
- Vrontis, D.; Basile, G.; Andreano, M.S.; Mazzitelli, A.; Papasolomou, I. The profile of innovation driven Italian SMEs and the relationship between the firms’ networking abilities and dynamic capabilities. J. Bus. Res. 2020, 114, 313–324. [Google Scholar] [CrossRef]
- Widya-Hasuti, A.; Mardani, A.; Streimikiene, D.; Sharifara, A.; Fausto Cavallaro, F. The role of process innovation between firm-specific capabilities and sustainable innovation in SMEs: Empirical evidence from Indonesia. Sustainability 2018, 10, 2244. [Google Scholar] [CrossRef] [Green Version]
- Al-Kwifi, O.S.; Ongsakul, V.; Abu Farha, A.K.; Zafar, A.U.; Karasneh, M. Impact of product innovativeness on technology switching in global market. EuroMed J. Bus. 2021, 16, 25–38. [Google Scholar] [CrossRef]
- Pandey, N.; Tripathi, A.; Jain, D.; Roy, S. Does price tolerance depend upon the type of product in e-retailing? Role of customer satisfaction, trust, loyalty, and perceived value. J. Strat. Mark. 2020, 28, 522–541. [Google Scholar] [CrossRef]
- Bessant, J.; Caffyn, S.; Gallagher, M. An evolutionary model of continuous improvement behaviour. Technovation 2001, 21, 67–77. [Google Scholar] [CrossRef]
- Consoli, D. Literature analysis on determinant factors and the impact of ICT in SMEs. Procedia–Soc. Behav. Sci. 2012, 62, 93–97. [Google Scholar] [CrossRef] [Green Version]
- Kapoor, K.K.; Tamilmani, K.; Rana, N.P.; Patil, P.; Dwivedi, Y.K.; Nerur, S. Advances in social media research: Past, present and future. Inf. Syst. Front. 2018, 20, 531–558. [Google Scholar] [CrossRef] [Green Version]
- Ilavarasan, P.V.; Levy, M.R. ICTs and Urban Microenterprises: Identifying and Maximizing Opportunities for Economic Development Final Report. Human Communication Research. 2010. Available online: https://pdfs.semanticscholar.org/be28/a2949381e5c270f2b63a8f0a122d3bc4618f.pdf?_ga=2.205962003.1630805733.1572778369-1929475400.572778369 (accessed on 12 January 2021).
- Paris, C.; Lee, W.; Paul, S. The role of social media in promoting special events: Acceptance of Facebook ‘Events’. In Information and Communication Technologies in Tourism; Gretzel, U., Law, R., Fuchs, M., Eds.; Springer: Vienna, Austria, 2010; pp. 531–541. [Google Scholar] [CrossRef]
- Chung, A.Q.H.; Andreev, P.; Benyoucef, M.; Duane, A.; O’Reilly, P. Managing an organization’s social media presence: An empirical stages of growth model. Int. J. Inf. Manag. 2017, 37, 1405–1417. [Google Scholar] [CrossRef]
- Crammond, R.; Omeihe, K.O.; Murray, A.; Ledger, K. Managing knowledge through social media: Modelling an entrepreneurial approach for Scottish SMEs and beyond. Baltic J. Manag. 2018, 13, 303–328. [Google Scholar] [CrossRef] [Green Version]
- Koronios, K.; Travlos, A.; Douvis, J.; Papadopoulos, A. Sport, media and actual consumption behavior: An examination of spectator motives and constraints for sport media consumption. EuroMed J. Bus. 2020, 15, 151–166. [Google Scholar] [CrossRef]
- Davis, F.D. Perceived usefulness, perceived ease of use and user acceptance of lnformation technology. MIS Q. 1989, 13, 319–340. [Google Scholar] [CrossRef] [Green Version]
- Selvanayagam, K.; Rehman, V. Materialism, television and social media–analysis of the transformation of post-colonial Indian market. J. Hist. Res. Mark. 2019, 11, 250–270. [Google Scholar] [CrossRef]
- Johnstone, P. Financial crime: Prevention and regulation in the intangible environment. J. Money Laund. Control. 1999, 2, 253–263. [Google Scholar] [CrossRef]
- Adla, L.; Gallego-Roquelaure, V.; Calamel, L. Human resource management and innovation in SMEs. Pers. Rev. 2019. In Press. [Google Scholar] [CrossRef]
- Chatterjee, S.; Kar, A.K. Why do small and medium enterprises use social media marketing and what is the impact: Empirical insights from India. Int. J. Inf Manage. 2020, 53, 102103. [Google Scholar] [CrossRef]
- Srinivasan, S.; Rutz, O.; Pauwels, K. Paths to and off purchase: Quantifying the impact of traditional marketing and online consumer activity. J. Acad. Mark. Sci. 2014, 44, 440–453. [Google Scholar] [CrossRef]
- Shareef, M.A.; Mukerji, B.; Dwivedi, Y.K.; Rana, N.P.; Islam, R. Social media marketing: Comparative effect of advertisement sources. J. Retail. Consum. Serv. 2019, 46, 58–69. [Google Scholar] [CrossRef] [Green Version]
- Alam, S.S.; Noor, M.K.M. ICT adoption in small and medium enterprises: An empirical evidence of service sectors in Malaysia. Int. J. Bus. Manag. 2009, 4, 112–125. [Google Scholar] [CrossRef] [Green Version]
- Totskaya, N. Relational ties in emerging markets: What is their contribution to SME growth? N. Engl. J. Entrep. 2015, 18, 47–60. [Google Scholar] [CrossRef]
- Aral, S.; Dellarocas, C.; Godes, D. Introduction to the Special Issue—Social media and business transformation: A framework for research. Inf. Syst. Res. 2013, 24, 3–13. [Google Scholar] [CrossRef]
- Aswani, R.; Kar, A.K.; Ilavarasan, P.V.; Dwivedi, Y.K. Search engine marketing is not all gold: Insights from Twitter and SEOClerks. Int. J. Inf. Manag. 2018, 38, 107–116. [Google Scholar] [CrossRef] [Green Version]
- Galati, A.; Crescimanno, M.; Tinervia, S.; Fagnani, F. Social media as a strategic marketing tool in the Sicilian wine industry: Evidence from Facebook. Wine Econ. Policy 2017, 6, 40–47. [Google Scholar] [CrossRef]
- Alhakimi, W.; Mahmoud, M. The impact of market orientation on innovativeness: Evidence from Yemeni SMEs. Asia Pac. J. Innov. Entrep. 2020, 14, 47–59. [Google Scholar] [CrossRef]
- Le, P.B.; Lei, H. How transformational leadership supports knowledge sharing: Evidence from Chinese manufacturing and service firms. Chinese Manag. Stud. 2017, 11, 479–497. [Google Scholar] [CrossRef]
- Lee, Y.; Kozar, K.A.; Larsen, K.R.T. The technology acceptance model: Past, present, and future. Commun. Assoc. Inf. Syst. 2003, 12, 752–780. [Google Scholar] [CrossRef]
- de Graaf, M.M.A.; Ben Allouch, S.; van Dijk, J.A.G.M. Why would I use this in my home? A model of domestic social robot acceptance. Hum.–Comput. Interact. 2019, 34, 115–173. [Google Scholar] [CrossRef]
- Ajzen, I. The theory of planned behavior. Organ. Behav. Hum. Decis. Process. 1991, 50, 179–221. [Google Scholar] [CrossRef]
- Samuelson, W.; Zeckhauser, R. Status quo bias in decision making. J. Risk Uncertain 1988, 1, 7–59. [Google Scholar] [CrossRef]
- Davis, F.; Bagozzi, R.; Warshaw, P. User acceptance of computer technology: A comparison of two theoretical models. Manag. Sci. 1989, 35, 982–1003. [Google Scholar] [CrossRef] [Green Version]
- Park, S. An analysis of the technology acceptance model in understanding university students’ behavioral intention to use e-Learning. Educ. Technol. Soc. 2009, 12, 150–162. [Google Scholar]
- Keegan, B.J.; Rowley, J. Evaluation and decision making in social media marketing. Manag. Decis. 2017, 55, 15–31. [Google Scholar] [CrossRef]
- Das, M.; Rangarajan, K.; Dutta, G. Corporate sustainability in small and medium-sized enterprises: A literature analysis and road ahead. J. Indian Bus. Res. 2020, 12, 271–300. [Google Scholar] [CrossRef]
- Wu, H.C.; Cheng, C.C.; Ai, C.H. A study of experiential quality, experiential value, trust, corporate reputation, experiential satisfaction, and behavioral intentions for cruise tourists: The case of Hong Kong. Tour. Manag. 2018, 66, 200–220. [Google Scholar] [CrossRef]
- Gangwar, H.; Date, H.; Raoot, A.D. Review on IT adoption: Insights from recent technologies. J. Enterp. Inf. Manag. 2014, 27, 488–502. [Google Scholar] [CrossRef]
- Kim, T.; Chiu, W. Consumer acceptance of sports wearable technology: The role of technology readiness. Int. J. Sports Mark. Spons. 2019, 20, 109–126. [Google Scholar] [CrossRef]
- Venkatesh, V.; Thong, J.Y.; Xu, X. Consumer acceptance and use of information technology: Extending the unified theory of acceptance and use of technology. MIS Q. 2012, 36, 157–178. [Google Scholar] [CrossRef] [Green Version]
- Chatterjee, S.; Chaudhuri, R.; Vrontis, D. Knowledge sharing in international markets for product and process innovation: Moderating role of firm’s absorptive capacity. Int. Mark. Rev. 2021. In Progress. [Google Scholar] [CrossRef]
- Kock, N.; Lynn, G. Lateral collinearity and misleading results in variance-based SEM: An illustration and recommendations. J. Assoc. Inf. Syst. 2012, 13, 546–580. [Google Scholar] [CrossRef] [Green Version]
- Chatterjee, S.; Chaudhuri, R.; Vrontis, D. Antecedents and consequence of social media marketing for strategic competitive advantage of small and medium enterprises: Mediating role of utilitarian and hedonic value. J. Strateg. Mark. 2021. In Press. [Google Scholar] [CrossRef]
- Baker, D.A.; Crompton, J.L. Quality, satisfaction and behavioral intentions. Ann. Tour. Res. 2000, 27, 785–804. [Google Scholar] [CrossRef]
- Chen, C.F.; Chen, F.S. Experience quality, perceived value, satisfaction and behavioral intentions for heritage tourists. Tour. Manag. 2010, 31, 29–35. [Google Scholar] [CrossRef]
- Ha, J.; Jang, S. Perceived values, satisfaction, and behavioral intentions: The role of familiarity in Korean restaurants. Int. J. Hosp. Manag. 2010, 29, 2–13. [Google Scholar] [CrossRef]
- Elbanna, A.; Bunker, D.; Levine, L.; Sleigh, A. Emergency management in the changing world of social media: Framing the research agenda with the stakeholders through engaged scholarship. Int. J. Inf. Manag. 2019, 47, 112–120. [Google Scholar] [CrossRef]
- Rana, N.P.; Barnard, B.J.; Baabdullah, A.M.A.; Rees, D.; Roderick, S. Exploring barriers of m-commerce adoption in SMEs in the UK: Developing a framework using ISM. Int. J. Inf. Manag. 2019, 44, 141–153. [Google Scholar] [CrossRef]
- Harris, L.; Rae, A.; Grewal, S. Out on the pull: How small firms are making themselves sexy with new online promotion techniques. Int. J. Technol. Mark. 2008, 3, 153–168. [Google Scholar] [CrossRef]
- Walsh, M.; Lipinski, J. The role of the marketing function in small and medium sized enterprises. J. Small Bus. Enterp. Dev. 2009, 16, 569–585. [Google Scholar] [CrossRef] [Green Version]
- Kaplan, A.M.; Haenlein, M. Users of the world, unite! The challenges and opportunities of Social Media. Bus. Horiz. 2010, 53, 59–68. [Google Scholar] [CrossRef]
- Khan, B.A.; Naeem, H. The impact of strategic quality orientation on innovation capabilities and sustainable business growth: Empirical evidence from the service sector of Pakistan. Int. J. Qual. Reliab. 2018, 35, 1568–1598. [Google Scholar] [CrossRef]
- Galati, A.; Crescimanno, M.; Tinervia, S.; Siggia, D. Website quality and internal business factors: An empirical investigation in the Italian wine industry. Int. J. Wine Bus. Res. 2016, 28, 308–326. [Google Scholar] [CrossRef]
- Schimmenti, E.; Galati, A.; Borsellino, V. The quality of websites and their impact on economic performance: The case of nurseries and gardening companies in the Italian ‘Mezzogiorno’ regions. Int. J. Electron. Mark. Retail. 2014, 6, 72–87. [Google Scholar] [CrossRef]
- Lin, W.L.; Yip, N.; Ho, J.-A.; Sambasivan, M. The adoption of technological innovations in a B2B context and its impact on firm performance: An ethical leadership perspective. Ind. Mark. Manag. 2020, 89, 61–71. [Google Scholar] [CrossRef]
- Chatterjee, S.; Nguyen, B. Value co-creation and social media at bottom of pyramid (BOP). Bottom Line 2021. In Press. [Google Scholar] [CrossRef]
- Thakur, R.; Angriawan, A.; Summey, J.H. Technological opinion leadership: The role of personal innovativeness, gadget love, and technological innovativeness. J. Bus. Res. 2016, 69, 2764–2773. [Google Scholar] [CrossRef]
- Youssef, Y.M.A.; Johnston, W.J.; AbdelHamid, T.A.; Dakrory, M.I.; Seddick, M.G.S. A customer engagement framework for a B2B context. J. Bus. Ind. Mark. 2018, 33, 145–152. [Google Scholar] [CrossRef]
- Mora Cortez, R.; Johnston, W.J. Marketing role in B2B settings: Evidence from advanced, emerging and developing markets. J. Bus. Ind. Mark. 2019, 34, 605–617. [Google Scholar] [CrossRef]
- Asif, M.; Miao, Q.; Jameel, A.; Manzoor, F.; Hussain, A. How ethical leadership influence employee creativity: A parallel multiple mediation model. Curr Psychol. 2020, 1–17. [Google Scholar] [CrossRef]
- Basit, A.; Sebastian, V.; Hassan, Z. Impact of leadership style on employee performance (A case study on a private organization in Malayasia). Int. J. Acc Bus Mgmt. 2017, 5, 112–130. [Google Scholar]
- Brink, T. B2B SME management of antecedents to the application of social media. Ind. Mark. Manag. 2017, 64, 57–65. [Google Scholar] [CrossRef]
- Nair, J.; Chellasamy, A.; Singh, B.N.B. Readiness factors for information technology adoption in SMEs: Testing an exploratory model in an Indian context. J. Asia Bus. Stud. 2019, 13, 694–718. [Google Scholar] [CrossRef]
- Bharucha, J. Social network use and youth well-being: A study in India. Safer Communities 2018, 17, 119–131. [Google Scholar] [CrossRef] [Green Version]
- Number of Internet Users in India from 2015 to 2020 with a Forecast until 2025. Available online: https://www.statista.com/statistics/255146/number-of-internet-users-in-india/ (accessed on 27 July 2021).
- Kiron, D.; Kruschwitz, N.; Reeves, M.; Goh, E. The benefits of sustainability-driven innovation. In Own the Future: 50 Ways to Win from the Boston Consulting Group; Deimler, M., Lesser, R., Rhodes, D., Sinha, J., Eds.; John Wiley & Sons: Hoboken, NJ, USA, 2013; pp. 69–83. [Google Scholar] [CrossRef]
- Fornell, C.; Larcker, D.F. Evaluating structural equation models with unobservable variables and measurement error. J. Mark. Res. 1981, 18, 39–50. [Google Scholar] [CrossRef]
- Hair, J.F., Jr.; Hult, G.T.M.; Ringle, C.; Sarstedt, M. A Primer on Partial Least Squares Structural Equation Modeling (PLS-SEM), 2nd ed.; Sage Publications: Thousand Oaks, CA, USA, 2016. [Google Scholar]
- Podsakoff, P.M.; MacKenzie, S.B.; Lee, J.Y.; Podsakoff, N.P. Common method biases in behavioral research: A critical review of the literature and recommended remedies. J. Appl. Psychol. 2003, 88, 879–903. [Google Scholar] [CrossRef] [PubMed]
- Lindell, M.K.; Whitney, D.J. Accounting for common method variance in crosssectional research designs. J. Appl. Psychol. 2001, 86, 114–121. [Google Scholar] [CrossRef] [Green Version]
- Mishra, A.; Maheswarappa, S.S.; Maity, M.; Samu, S. Adolescent’s eWOM intentions: An investigation into the roles of peers, the Internet and gender. J. Bus. Res. 2018, 86, 394–405. [Google Scholar] [CrossRef]
- Preacher, K.J.; Hayes, A.F. Asymptotic and resampling strategies for assessing and comparing indirect effects in multiple mediator models. Behav. Res. Methods 2008, 40, 879–891. [Google Scholar] [CrossRef] [PubMed]
- Turner, M.; Kitchenham, B.; Brereton, P.; Charters, S.; Budgen, D. Does the technology acceptance model predict actual use? A systematic literature reviews. Inf. Softw. Technol. 2010, 52, 463–479. [Google Scholar] [CrossRef]
- Henderson, R.; Divett, M. Perceived usefulness, ease of use and electronic supermarket use. Int. J. Hum. Comput. Stud. 2003, 59, 383–395. [Google Scholar] [CrossRef]
- Aggelidis, V.; Chatzoglou, P. Using a modified technology acceptance model in hospitals. Int. J. Med. Inf. 2009, 7, 115–126. [Google Scholar] [CrossRef] [PubMed]
- Yi, M.Y.; Fiedler, K.D.; Park, J.S. Understanding the role of individual innovativeness in the acceptance of IT-based innovations: Comparative analyses of models and measures. Decis. Sci. 2006, 37, 393–426. [Google Scholar] [CrossRef]
Particulars | Category | Number | Percentage (%) |
---|---|---|---|
Gender | Male | 216 | 71 |
Female | 88 | 29 | |
Education | High School | 64 | 21 |
Graduate | 158 | 52 | |
Postgraduate | 82 | 27 | |
Working position | Leaders | 21 | 7 |
Managers | 64 | 21 | |
Employees | 219 | 72 |
Construct/Item | LF | AVE | CR | α | t-Value |
---|---|---|---|---|---|
PU | 0.84 | 0.89 | 0.93 | ||
PU1 | 0.89 | 21.17 | |||
PU2 | 0.96 | 22.14 | |||
PU3 | 0.92 | 27.29 | |||
PU4 | 0.94 | 31.27 | |||
PU5 | 0.95 | 34.18 | |||
PU6 | 0.90 | 26.01 | |||
PU7 | 0.85 | 37.11 | |||
PEOU | 0.85 | 0.88 | 0.92 | ||
PEOU1 | 0.85 | 28.11 | |||
PEOU2 | 0.90 | 29.17 | |||
PEOU3 | 0.95 | 26.22 | |||
PEOU4 | 0.97 | 34.62 | |||
PEOU5 | 0.96 | 27.29 | |||
PEOU6 | 0.88 | 31.04 | |||
PEOU7 | 0.92 | 35.12 | |||
BIS | 0.86 | 0.90 | 0.94 | ||
BIS1 | 0.88 | 26.27 | |||
BIS2 | 0.96 | 28.31 | |||
BIS3 | 0.90 | 29.22 | |||
BIS4 | 0.94 | 32.41 | |||
BIS5 | 0.95 | 36.17 | |||
BIS6 | 0.92 | 39.11 | |||
AUS | 0.84 | 0.89 | 0.92 | ||
AUS1 | 0.89 | 26.22 | |||
AUS2 | 0.96 | 24.63 | |||
AUS3 | 0.90 | 29.33 | |||
AUS4 | 0.87 | 19.17 | |||
AUS5 | 0.91 | 24.32 | |||
AUS6 | 0.97 | 28.11 | |||
SSG | 0.87 | 0.91 | 0.95 | ||
SSG1 | 0.89 | 26.11 | |||
SSG2 | 0.94 | 24.22 | |||
SSG3 | 0.96 | 25.25 | |||
SSG4 | 0.90 | 36.12 | |||
SSG5 | 0.95 | 17.33 |
Construct | PU | PEOU | BIS | AUS | SSG | AVE |
---|---|---|---|---|---|---|
PU | 0.92 | 0.84 | ||||
PEOU | 0.28 | 0.92 | 0.85 | |||
BIS | 0.26 | 0.24 | 0.94 | 0.86 | ||
AUS | 0.35 | 0.17 | 0.21 | 0.92 | 0.84 | |
SSG | 0.33 | 0.19 | 0.26 | 0.22 | 0.93 | 0.87 |
Linkages | Hypotheses | Path Coefficients/R2 Values | p-Values | Remarks |
---|---|---|---|---|
Effects on BIS | R2 = 0.32 | |||
By PU | H1 | 0.22 | p < 0.01 (**) | Supported |
By PEOU | H2a | 0.29 | p < 0.001 (***) | Supported |
Effects on PU | R2 = 0.28 | |||
By PEOU | H2b | 0.26 | p < 0.05 (*) | Supported |
Effects on AUS | R2 = 0.41 | |||
By BIS | H3 | 0.43 | p < 0.001 (***) | Supported |
Effects on SSG | R2 = 0.69 | |||
By AUS | H4 | 0.51 | p < 0.001 (***) | Supported |
(AUS→SSG) × SLS | H5 | 0.23 | p < 0.05 (*) | Supported |
Publisher’s Note: MDPI stays neutral with regard to jurisdictional claims in published maps and institutional affiliations. |
© 2021 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).
Share and Cite
Chatterjee, S.; Chaudhuri, R.; Sakka, G.; Grandhi, B.; Galati, A.; Siachou, E.; Vrontis, D. Adoption of Social Media Marketing for Sustainable Business Growth of SMEs in Emerging Economies: The Moderating Role of Leadership Support. Sustainability 2021, 13, 12134. https://doi.org/10.3390/su132112134
Chatterjee S, Chaudhuri R, Sakka G, Grandhi B, Galati A, Siachou E, Vrontis D. Adoption of Social Media Marketing for Sustainable Business Growth of SMEs in Emerging Economies: The Moderating Role of Leadership Support. Sustainability. 2021; 13(21):12134. https://doi.org/10.3390/su132112134
Chicago/Turabian StyleChatterjee, Sheshadri, Ranjan Chaudhuri, Georgia Sakka, Balakrishna Grandhi, Antonino Galati, Evangelia Siachou, and Demetris Vrontis. 2021. "Adoption of Social Media Marketing for Sustainable Business Growth of SMEs in Emerging Economies: The Moderating Role of Leadership Support" Sustainability 13, no. 21: 12134. https://doi.org/10.3390/su132112134
APA StyleChatterjee, S., Chaudhuri, R., Sakka, G., Grandhi, B., Galati, A., Siachou, E., & Vrontis, D. (2021). Adoption of Social Media Marketing for Sustainable Business Growth of SMEs in Emerging Economies: The Moderating Role of Leadership Support. Sustainability, 13(21), 12134. https://doi.org/10.3390/su132112134