Version 1
: Received: 9 June 2024 / Approved: 10 June 2024 / Online: 11 June 2024 (15:56:14 CEST)
How to cite:
Abdulrahim, H.; Yousif, G. M.; Alnafisah, H. The Effect of Remote Work, Institution Efficiency, and Work Management on the Competitiveness of the Saudi Finance Institutions. Preprints2024, 2024060626. https://doi.org/10.20944/preprints202406.0626.v1
Abdulrahim, H.; Yousif, G. M.; Alnafisah, H. The Effect of Remote Work, Institution Efficiency, and Work Management on the Competitiveness of the Saudi Finance Institutions. Preprints 2024, 2024060626. https://doi.org/10.20944/preprints202406.0626.v1
Abdulrahim, H.; Yousif, G. M.; Alnafisah, H. The Effect of Remote Work, Institution Efficiency, and Work Management on the Competitiveness of the Saudi Finance Institutions. Preprints2024, 2024060626. https://doi.org/10.20944/preprints202406.0626.v1
APA Style
Abdulrahim, H., Yousif, G. M., & Alnafisah, H. (2024). The Effect of Remote Work, Institution Efficiency, and Work Management on the Competitiveness of the Saudi Finance Institutions. Preprints. https://doi.org/10.20944/preprints202406.0626.v1
Chicago/Turabian Style
Abdulrahim, H., Ghadda M Yousif and Hind Alnafisah. 2024 "The Effect of Remote Work, Institution Efficiency, and Work Management on the Competitiveness of the Saudi Finance Institutions" Preprints. https://doi.org/10.20944/preprints202406.0626.v1
Abstract
Remote work as a new working pattern is considered of high importance in determining the competitiveness of the institutions that adopt this form of work. This trend toward remote working has benefited workers greatly in terms of flexibility and work-life balance and has had unanticipatedly positive effects on sustainability. The issue has grown in importance considering recent development of digitalization and high concern of countries to achieve the sustainable goals. This study attempts to examine the effect of three explanatory variables: remote work, institutional efficiency, and work management on the competitiveness of finance institutions in Saudi Arabia. To collect the primary data, a survey was conducted on a stratified random sample that comprised 1270 respondents. The sample covers the three finance sector segments: banks, insurance, and finance companies. Correlation analyses, one-sample t-tests, and multi-regression analyses are applied to analyze the data. The results of the study showed that there is a positive significant relationship between the three explanatory variables of the study and institutional competitiveness. Besides, the regression model revealed that the two explanatory variables; remote work and institution efficiency are statistically significant at 95% confidence intervals, while work management is not statistically significant. The study recommends promoting remote work to increase the finance institution's competitiveness by restructuring the work policies, designing work strategies, and introducing a new management system compatible with remote work.
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
