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This study investigates the factors influencing investment decision-making within South Africa's financial markets, focusing on psychological, demographic, and external market elements. Drawing from Prospect Theory, the research reveals a deviation from traditional behavioral assumptions, highlighting that external market dynamics, rather than individual risk perceptions or demographic traits, predominantly guide investor behavior. Using a quantitative cross-sectional design, data were collected through structured questionnaires from 120 randomly selected South African investors aged 18 and older with market experience. Structural equation modelling assessed factors influencing risk perception and subsequently, investment behavior. The findings demonstrate that market-related variables significantly influence risk perception (? = 0.653, p < 0.001) and decision-making, aligning with the Efficient Market Hypothesis. In contrast to Prospect Theory's expectations, risk perception had no significant direct effect on investment choices (? = -0.009, p = 0.933). Cognitive biases and emotional influences exerted a moderate impact, while demographic characteristics, including gender, education, and experience, showed minimal influence on investment decisions, suggesting that practical market experience outweighs formal training. With robust construct validation (CR = 0.711 to 0.951), the study enhances the reliability and credibility of the findings. It highlights global regulatory frameworks as crucial for investor confidence. These results contribute to behavioral finance literature and support practical implications for policy, market transparency, and investor education. Future research should consider diverse populations and qualitative investors' perspectives.

The changing business environment in South Africa has encouraged Management Accounting graduates to consider alternative career paths beyond traditional corporate positions. Entrepreneurship, especially in the fields of consulting and financial advisory, offers a valuable opportunity for these graduates to utilize their skills in financial analysis, business strategy, and risk management. Nonetheless, many graduates remain underrepresented in entrepreneurial endeavors due to several challenges, including limited exposure to entrepreneurship education, a tendency towards risk aversion, and difficulties in accessing financial resources. This study examines the entrepreneurial intentions of Management Accounting graduates in South Africa, focusing on their perceptions of self-efficacy, available support systems, and the obstacles they encounter in pursuing entrepreneurship. Anchored in the Entrepreneurial Intention Theory (EIT), the research investigates key factors such as attitudes towards entrepreneurship, perceived behavioral control, and subjective norms that affect graduates’ career decisions. A quantitative methodology was employed, surveying third year and postgraduate diploma students at the Durban University of Technology to evaluate their preparedness for entrepreneurship. The findings reveal that although graduates acknowledge entrepreneurship as a feasible career option, deficiencies in entrepreneurial training and limited opportunities for practical business experience impede their transition into self-employment. The study emphasizes the necessity of incorporating entrepreneurship education into Management Accounting curricula and enhancing collaborations between universities and industries to address these deficiencies. Moreover, targeted support from government agencies and financial institutions is crucial for cultivating a supportive entrepreneurial ecosystem. The study seeks to provide valuable insights for educational institutions and policymakers to improve career diversification strategies for graduates by tackling these barriers. Promoting entrepreneurial ventures in consulting and financial advisory not only broadens employment opportunities but also contributes to the wider economic development of South Africa.

The study explores relationships between renewable energy variables across African nations, focusing on South Africa (RSA) and the Democratic Republic of Congo (DRC) using panel data from 2013 to 2022. Key variables include Chinese mining sector FDI (in USD), renewable energy capacity (in MW), technological advancements, policy frameworks, natural resource management, technological adoption, and risk perception. Employing descriptive analysis, Pearson correlation, and linear regression, the study reveals notable findings. Descriptive statistics highlight significant diversity in renewable energy capacity, policy support, and mining sector FDI levels across African countries, reflecting varying development stages and investment climates. The DRC exhibits slower FDI growth compared to South Africa. Correlation analysis indicates that Chinese FDI strongly correlates with technological advancements, favorable policy frameworks, and renewable energy capacity, while high-risk perceptions discourage investment and capacity development. Regression results identify technological advancements as the most significant predictor of FDI and sustainable growth, emphasizing its critical role in attracting investment. Although policy frameworks and risk perception show potential, further exploration with larger datasets is required to uncover their moderating or indirect effects. The study underscores the interdependence between technological development, investment flows, and renewable energy capacity. It calls on African nations to prioritize technological advancements, foster partnerships with Chinese firms for technology transfer, and implement robust policy frameworks. Policymakers should focus on political stability, economic reforms, tax incentives, streamlined approvals, co-financing mechanisms, and addressing structural challenges to effectively attract FDI and drive sustainable growth.

Individuals are becoming more aware of the negative effects of the rapid fashion industry and are shifting to second-hand clothes. Due to its potential to minimize clothing waste, purchasing second-hand garments is reflected as environmentally friendly. Using an online questionnaire survey, this research examines the factors influencing consumers’ purchasing intention of second-hand clothing via the mediation of individualism and product attitude by applying the Statistical Package for the Social Sciences (SPSS) 25.0 and the Analysis of Moment Structures (AMOS) 25.0 to analyze the data collected information. The proposed models are expanded by additional construct factors to evaluate their influence on purchase intention. The results indicate that online second-hand clothing purchase intention (PI) is partially explained by the theory of planned behavior (TPB) with product attitude (PA) and individualism (IN). Among the additional factors encompassed, consumer perceived value (CPV) and consumer perceived risk (CPR) negatively impacted the consumer’s intention to buy second-hand clothing. Additionally, this study validates the effectiveness of the integrated model of TPB in interpreting customers’ buying intentions for second-hand clothing. This study also yielded theoretical and managerial implications, as well as proposals for further research.

Workplace stress and nurse retention are critical challenges in healthcare, affecting organizational stability and public health outcomes. Therefore, this study investigates the impact of stressors and job satisfaction on nurses’ turnover intentions in the western region of Ghana, with a focus on the moderating role of transformational leadership. Methodologically, a descriptive cross-sectional design was employed to collect data from 364 registered nurses working in four hospitals. Participants completed an online questionnaire measuring stress factors, job satisfaction, turnover intentions, and transformational leadership. Structural equation modelling was employed to analyze the data using Mplus 8.3. The results revealed stressors (stress from workload, superiors, and coworkers and daily life) significantly increased nurses’ turnover intentions while negatively influencing job satisfaction. Job satisfaction was inversely associated with turnover intentions, and transformational leadership moderated this relationship, reducing the likelihood of such intentions. The findings highlight the importance of fostering job satisfaction and implementing transformational leadership strategies, such as mentorship and effective stress management, to alleviate workplace stress and enhance nurse retention. These insights offer valuable guidance for hospital administrators and policymakers in designing interventions to improve nurse retention and overall organizational performance.

This paper explores the relationship between environmental, social, and governance performance (ESGP) and firm value in both emerging and developed economies, with the moderating impact of environmental uncertainty and competitive advantage. Using secondary unbalanced data spanning from 2011 to 2022, we examine both the direct and non-linear effects of ESG performance on firm value, employing advanced econometric estimation techniques such as two-step system GMM (2sGMM) and two-stage least square (2SLS). The analysis finds that: (1) ESG performance positively influences firm value in both Chinese and US banks, and the results remain valid after robustness test; (2) The results also confirm that ESG performance non-linearly influence firm value across the samples, with an inverted U-shape relationship; (3) Additionally, we further investigate the moderating effects of environmental uncertainty and competitive advantage, uncovering that environmental uncertainty dampens the ESGP-firm value relationship, while competitive advantage further amplifies it. This study contributes to the understanding of how ESG performance can act as strategic assets that align managerial and stakeholder interests, and improve firm performance, by underpinning agency, stakeholder, and the resource-based view theory. Practical insights are also provided for policymakers, regulators, and financial institutions regarding the use of ESGP as a competitive tool in uncertain and dynamic market environments.