📈 economics

Green by Necessity? Rethinking Environmental Intent in Entrepreneurship Theory through Nigeria's CNG Transition

This paper introduces the concept of "economically compelled green adaptation" to explain how Nigeria's ride-hailing sector transitioned to compressed natural gas (CNG) following fuel subsidy removal, arguing that existing green entrepreneurship and technology adoption theories fail to account for environmentally beneficial outcomes driven solely by economic necessity rather than intentional environmental concern.

Seun Oladele, Germinah Evelyn Chiloane-Tsoka2026-08-19
📈 economics

Financial Sustainability among Higher Education Institutions: a systematic review

This systematic literature review of 51 peer-reviewed articles published between 2020 and 2025 identifies key antecedents of financial sustainability in higher education institutions, including governance, digital transformation, and stakeholder engagement, to propose a multidimensional conceptual framework for enhancing financial viability across diverse global contexts.

KALIMU NDAAZANO, ISAAC NABETA NKOTE, GIDEON NKURUNZIZA, JUMA TEKO, RACHAEL DAISY MIREMBE2026-08-19
📈 economics

A Reproducible Event-Fixed Protocol for Evaluating Financial Stress Detectors

This paper proposes a reproducible event-fixed evaluation protocol for financial stress detectors that reveals how conventional day-level metrics can misleadingly rank competing models, demonstrating that different detectors excel in distinct performance dimensions (such as precision versus detection speed) and that their relative superiority depends on the specific cost ratio of false positives versus missed events.

Prashant Singh, Pranav Singh, Meenu Rani, Arun Kumar2026-08-19
📈 economics

Growth, Threshold Effects, and the Environmental Kuznets Curve in SAARC Economies: A Heterogeneous Panel Perspective

This study demonstrates that the Environmental Kuznets Curve hypothesis is valid for SAARC economies only when employing heterogeneous panel estimators like CS-ARDL and accounting for structural breaks, revealing that energy consumption is the primary driver of emissions and advocating for differentiated environmental policies based on income thresholds.

Bharat Singh, Rakshit Negi2026-08-19
📈 economics

Hybrid-Electric Seaplanes: Route-Level Economics and Break-Even Conditions

This paper demonstrates that a clean-sheet 18-seat hybrid-electric seaplane can achieve direct operating cost parity with a conventional turboprop on Mediterranean routes, but its overall financial viability hinges critically on achieving a ticket yield threshold of approximately €1.55 per passenger-nautical mile, making its business case highly sensitive to policy incentives and cost-learning rather than technology alone.

Vincenzo Cusati, Pierluigi Della Vecchia, Michele Tuccillo, Nathalie Bartoli, Thierry Lefebvre2026-08-19
📈 economics

Mathematical Optimisation Techniques for Enterprise Finance: Maximising Returns and Minimising Risk

This study demonstrates that applying mathematical optimisation to daily stock data from five Indian companies reveals a trade-off where unconstrained return maximisation leads to excessive concentration and high volatility, whereas diversified strategies like minimum-risk or equally weighted portfolios offer more stable returns and better risk-adjusted performance for enterprise finance.

Reginald Djimatey, Michael Ayikwei Quarshie, Francis Tuffour, Rex Paul Danquah2026-08-19
📈 economics

Green Digital Entrepreneurship and Sustainable Business Performance: The Mediating Role of Digital Green Knowledge Integration, to Environment, Development and Sustainability

This study demonstrates that for SMEs in developing countries, Green Digital Entrepreneurship enhances Sustainable Business Performance both directly and indirectly through the partial mediation of Digital Green Knowledge Integration, highlighting the critical role of combining digital and environmental knowledge to achieve sustainable value creation.

John Kwabena Owusu-Mensah2026-08-19
📈 economics

Institutional Quality and the Distributional Effect of Digital Financial Inclusion: Evidence and a Specification Caution from 36 Developing Economies

This paper demonstrates that contradictory findings regarding digital finance's impact on inequality stem from collinearity among governance indicators, revealing instead that digital financial inclusion reduces income inequality only in developing economies with stronger institutional quality, suggesting the two act as complements rather than substitutes.

Nasib Asgar, Md. Iftekharul Amin, Khandker Mohammad Walid, Alif Bin Hasan, Ittesaf Rahman2026-08-19
📈 economics

When Entrepreneurship Supports Decent Work: Private-Sector Credibility and Skilled Labor Reallocation in Entrepreneurial Ecosystems

This conceptual paper proposes a theory of private-sector credibility, arguing that skilled labor reallocation toward entrepreneurship and growth firms signifies true ecosystem maturity only when driven by opportunity rather than necessity, contingent upon institutional predictability, firm capacity, and social legitimacy that collectively enable private careers to match the security and status of public employment.

Karikari Amoa-Gyarteng2026-08-18