Asian Journal of Economics, Business and Accounting

Risks in AGRIGULF's Agricultural Export Settlement Business and Its Management

2024-04-06T07:47:30+00:00

This paper is primarily a case-based study. It takes Gulf Modern Agriculture Development Co., Ltd (hereinafter referred to as AGRIGULF) as the object of research, and adopts the case study method and field interview method to sort out the company's agricultural products export business and common settlement methods and so on. Through field visits and investigation, data collection, and collation, identify and analyze the risks of the company's agricultural export settlement business. Finally, corresponding risk management suggestions are put forward at four levels, namely, country risk, foreign exchange risk, product quality change risk, and credit risk, which are expected to provide certain references for the sustainable development of China's agricultural export enterprises

The Influence of Institutional Ownership and Foreign Ownership on Tax Avoidance with Audit Quality as a Moderation Variable

2024-03-08T13:17:12+00:00

Objective: This research was conducted with the aim of examining how institutional ownership, foreign ownership, and audit quality can influence tax avoidance practices.

Time and Place of Research: Consumer Goods Sector Manufacturing Companies listed on the Indonesia Stock Exchange in 2018-2022

Methods: This research involved a sample of 72 manufacturing companies in the consumer goods sector listed on the Indonesia Stock Exchange. The object of study used is company financial data from 2018 to 2022. There are 370 pieces of data in this research population. This research selects samples by selecting data from panels so that the number of data that can be used as a sample is 125. In this research, the analysis technique used is EVIEWS 13 software.

Conclusion: Institutional ownership has a negative effect on tax avoidance, foreign ownership has a positive effect on tax avoidance, audit quality moderates institutional ownership on tax avoidance, audit quality does not moderate foreign ownership on tax avoidance.

Antecedent of Destination Loyalty through Tourists’ Fascination

2024-03-28T09:55:59+00:00

This study aims to assess future behavioral intention on tourist experiences while visiting culinary destinations in Yogyakarta that serve healthy cuisine; the examined variables are destination fascination and subjective well-being as a mediating variable. The study uses a quantitative approach. Questionaries utilize seven-point Likert scale for the measurements were spreads online. The study took place in Indonesia from October to December 2023. Respondents are tourists who have tasted healthy cuisine in Yogyakarta, totaling 246. The presented hypotheses in this study were tested using AMOS software. The study found how destination fascination has a negative and significant effect on destination loyalty. Moreover, the fascination to a destination has a positive and substantial effect on an individual's subjective well-being. Subjective well-being has a positive but non-significant effect on destination loyalty and cannot serve as a mediator in the connection between destination fascination and destination loyalty.

Examination of Online Purchase Intention towards Air-conditioner

2024-03-12T10:42:23+00:00

Aims: E-commerce allows businesses to expand their reach and provides customers with a convenient method to shop at any time, from any location. In recent years, Vietnam's online retail sector has expanded rapidly, but the market for air conditioners has lagged behind. It is important for businesses in the air-conditioner (AC) market to identify what factors influence consumers' intention to purchase air conditioners online.

Methodology: Regression analysis was conducted from data collected from 412 end-users in Vietnam to identify the primary factors that influence the online purchase intent of AC consumers by using SPSS version 22.

Results: In order of importance, the results indicate that perceived utility (PU), E-shopping quality (ESP), and sales policy (SP) positively influence online purchase intention. The remaining two variables Price sensitivity (PS) and Perceived risk (PR) have a substantial negative effect on AC consumers' online purchase intent.

Conclusion: These results provide retailers and AC brands with valuable guidance as they formulate a strategy to increase AC's online sales in Vietnam strategy to expand Internet sales for AC in Vietnam.

The Influence of Organizational Culture, Alliance Partners, Digital Capability on Firm Performance Mediated by Strategy Flexibility

2024-03-12T10:52:29+00:00

Aims: The study examines the effects of organizational culture, alliance partners, and digital capability on firm performance, mediated by strategy flexibility in the national automotive component industry in Indonesia.

Study Design: The data collection technique was non-probability sampling with purposive sampling method in which the number of samples that met the criteria to be analyzed were 228 companies.

Place and Duration of Study: The population of this study were all automotive component companies located in Jakarta, Banten and West Java, totaling 237. Each sampled company is represented by one respondent, namely a manager or senior manager of an automotive component industry company.

Methodology: Structural Equation Model (SEM).

Results: These findings suggest the importance of flexible strategies for leveraging internal and external resources to enhance performance. Strategy flexibility partially mediates the effects of organizational culture and digital capability on firm performance, and fully mediates the effect of alliance partners.

Conclusion: This study shows the results of the positive influence of Organizational culture, Alliance Partners, Digital Capability, and Strategy Flexibility toward Firm Performance. Strategy Flexibility as a mediating variable can mediate the effect of Organizational Culture, Alliance Partners and Digital Capability on Firm Performance. The implications of this research can be an input for the leaders of the national automotive component industry companies in making a strategic decision to face the challenges of increasingly complex business competition through the implementation of a flexible strategy in the services and processes of the manufacturing industry which has implications for improving company performance.

Analysis of Zmijewski Model's Accuracy in Predicting Potential Financial Distress for Indonesian Islamic Banking

2024-03-12T13:10:07+00:00

Every banking activity and product has risks. Risk is the result or consequence of an activity during the process or in future circumstances that can cause losses. Financial Distress can be characterized by a decrease in various financial ratios, a reduction in assets, a decline in sales, a decrease in profits and profitability levels, a reduction in working capital, and a continuous increase in debt. So, in this research, the author wanted to know the level of accuracy of the Altman z-score model in predicting potential financial Distress for Sharia Commercial Banks in Indonesia. The population used in this research was Sharia Commercial Banks registered with the Financial Services Authority. The sampling technique that the researchers used was purposive sampling, with a total sample of 12 Islamic commercial banks. The research results showed that only one bank experienced financial Distress, while 11 other banks experienced good economic conditions. The Zmijewski model is good because it has a high level of accuracy with a low error.

Assessing the Impact of GST on Profitability: Insights from Education, Hospitality, and Logistics Sectors

2024-03-15T07:06:37+00:00

Goods and Services Tax (GST) has made a revolutionary impact on all sectors of the economy, impacting their overall financial performance. The study has focused on the role of GST on the financial performance of service sector entities namely, education, hospitality, and logistics, with special emphasis on profitability. Employing analysis of secondary data and in-depth interpretation, the study attempts to understand the role of GST deployment on company profits, examining both pre-GST and post-GST scenarios. By scrutinizing trends and patterns in profitability data and comparing performance before and after GST enactment, this study focuses on the sector-specific effects of the tax reform on profitability. The study adopts a quantitative approach to assess the role of the GST on the financial performance of service sector companies, with a specific focus on profitability. Data was checked for normality. Subsequently, Correlation & Paired t-tests were done using R-Studio. The analysis of the education, hospitality, and logistic sectors post-GST implementation reveals diverse impacts on mean profit changes. The study will help develop customized policies for each sector that promote sustainable development amidst changing tax legislation.

Days of Future Past: Scrutinising the Artificial Intelligence Impact on the Leadership of Internationalising SMEs

2024-03-16T13:18:46+00:00

This study finds a gap within the literature and aims to conduct research that primarily highlights the role of artificial intelligence technology on internationalising SME’s leadership system, especially in Makassar, Indonesia. A quantitative research method is applied in this study by collecting both primary and secondary data. The time span of this study is from November 2023 to January 2024 and over 200 active SMEs received research questionnaires. Throughout the specific statistical measurements and tests, this study then aims to contribute to the body of knowledge and theoretical contribution by offering the research findings, which confirm that artificial intelligence plays an important role on leadership inside internationalising SMEs in a developing country, Indonesia, primarily in Makassar District. As for the theoretical contribution, the explanatory variable, which is artificial intelligence, affects significantly and positively the predictor, which is the leadership of the internationalising SMEs, particularly on: (1) the surveillance and monitoring; (2) the ethical considerations; and (3) the decision-making process. Additionally, the managerial contributions of this study are explained in detail within the particular sections of this paper.

Challenges in Millennials Investment Decision: A Study of Behavioural Biases

2024-03-18T12:28:52+00:00

Aims: This research aimed to analyze the effect of Cognitive Dissonance Bias, Overconfidence Bias, Herding Bias, Endowment Bias, and Confirmation Bias on the investment decisions of the millennial generation in the capital market.

Study Design: The sampling method used in this study was purposive sampling, which obtained 128 respondents.

Place and Duration of Study: The research was conducted with investors in Banyumas Regency.

Methodology: This research method uses the SEM (Structural Equation Modeling) analysis method with the Partial Least Square (PLS) approach. Each hypothesis is tested to understand the relationship between variables. To test the validity and reliability of research using an outer model. Hypothesis testing uses inner models.

Results: The results of this study showed that cognitive dissonance bias, overconfidence bias, and endowment bias have an effect on investment decisions. However, herding bias and confirmation bias do not affect investment decisions.

Conclusion: To increase investment opportunities, investors must pay attention to cognitive dissonance bias, overconfidence bias, and endowment bias because they can cause investment failure. Investors must also pay attention to information circulating in the media because analysis needs the latest information on investment transaction targets to avoid investment failure.

Corporate Governance and Performance of Listed Firms in Nigerian Exchange Group

2024-03-19T11:31:57+00:00

The performance of listed firms in Nigeria is a topic of significant concern and interest among stakeholders, including investors, regulators, and policymakers. Despite the considerable growth and development of the Nigerian economy in recent years, some persistent challenges and issues affect the performance of listed firms, hindering their ability to achieve optimal results and contribute effectively to economic prosperity. There is a growing need to explore the relationship between corporate governance mechanisms and firm performance in Nigerian firms.The study adopted an ex-post facto research design, extracting secondary data from the annual reports of 153 companies listed on the Nigerian Exchange Group (NGX) that made up the study's population. Using a purposive sampling approach, 10 firms were chosen across different industries as the sample size. The scope spanned from 2013 to 2021, a period of nine years, and data underwent descriptive and inferential statistical analyses. The empirical investigations found that board size had a positive significant effect on return on assets, while the number of non-executive directors had a negative significant effect on return on assets. The overall results demonstrated that corporate governance had a significant effect on the firm performance. The findings suggest that companies adhering to robust corporate governance standards tend to excel across various performance metrics compared to those with weaker governance practices. This study recommends that Policymakers of Nigerian firms should consider optimizing board size to enhance performance, ensuring a balance between diversity and efficiency.

Impact of Income Inequality on Poverty Level in Nigeria: Evidence from ARDL Model

2024-03-23T09:38:13+00:00

This study used the Auto Regressive Distributed Lag (ARDL) model to assess the impact of income disparity on the degree of poverty in Nigeria. Based on the association each income determinant showed with the Gini coefficient of income disparity in the Nigerian economy, the study's findings indicated that there is a long-run positive relationship between the poverty level and the Gini coefficient of income inequality in Nigeria. Therefore, it is advised to improve a more equitable distribution of wealth, which will effectively lessen income inequality and poverty in Nigeria. The government should concentrate its efforts on developing and implementing more realistic employment programs in Nigeria. Since the empirical results of this study have demonstrated that decreasing income disparity in Nigeria by an increase in the employment rate has not been sufficient. A more practical approach to employment would allow people to use their money to build wealth rather than just get by, which would increase the level of income distribution.

Tourism Destination: The Role of Beach Tourism Experience Affect Green Consumption on Parangtritis Beach Yogyakarta, Indonesia

2024-03-23T09:43:55+00:00

Beach has become a part of tourism experience and it is one of the most important motivators for tourism. In order to attract tourists to come to visit, a beach should have a favorable image. Furthermore, nature and environmental awareness by tourists in a beach destination are also considered to be very important to influence the spread of positive green consumption towards a beach destination. However, in the context of tourist destinations, these concepts have never been empirically investigated. Therefore, the aim of this research is to extend the theoretical concepts and evaluates the empirical evidence of the relationship between tourism experience, connectedness to nature, environmental, green consumption towards Parangtritis beach. The result drawn from a sample of 226 domestic tourists in Yogyakarta (117 men, 109 women; age rage 18-60 years), between September 2023 and December 2023, show that tourism experience, connectedness to nature, environmental awareness and green consumption has a significant influence on Parangtritis beach. Furthermore, this study reveals that the development of a beach in a tourism destination is only possible if the beach is simultaneously developed into an attractive destination

Exploring the Mediating Role of Organizational Commitment in the Relationship between Corporate Social Responsibility and Employee Performance: Evidence from Henan's Universities

2024-03-23T09:50:09+00:00

Aims: This study aims to examine the mediating role of organizational commitment in the relationship between Corporate Social Responsibility (CSR) and employee performance within Henan's universities, highlighting the strategic importance of CSR in enhancing organizational effectiveness and employee outcomes.

Study Design: This study utilized a cross-sectional survey methodology to explore the relationships among Corporate Social Responsibility (CSR), Organizational Commitment (OC), and Employee Performance (EP) within Henan's higher education sector. A stratified random sampling approach was employed to select faculty and administrative staff from universities engaged in CSR initiatives. The analysis, conducted through Structural Equation Modeling and mediation analysis, aimed to understand both direct and indirect effects of CSR on employee performance, with a particular focus on the mediating role of organizational commitment.

Place and Duration of Study: Zhengzhou University, Henan University, Henan Normal University, Henan Agricultural University and Henan Polytechnic University, in December 2023.

Methodology: The study adopted a quantitative research design using a cross-sectional survey method to explore CSR's impact on organizational commitment and employee performance in Henan's universities. A stratified random sampling strategy was utilized to select faculty and administrative staff from universities engaged in CSR, aiming for a sample size of 328 to ensure statistical significance. Validated scales measured CSR, organizational commitment, and employee performance, with data analysis conducted through Structural Equation Modeling and bootstrapping for mediation effects.

Results: In this study, the impact of Corporate Social Responsibility (CSR) on Employee Performance (EP) and Organizational Commitment (OC) within Henan's universities was examined. Findings indicate that CSR positively influences EP both directly and via OC, serving as a mediator. Significant relationships were confirmed: CSR to EP (β=0.433), CSR to OC (β=0.825), and OC to EP (β=0.442), all highly statistically significant (p<0.001). Mediation analysis showed CSR impacts EP through OC, accounting for about 45.73% of the effect. This underscores CSR's dual role in enhancing performance directly and by fostering organizational commitment.

Conclusion: This study not only underscores the pivotal role of Corporate Social Responsibility (CSR) in enhancing employee performance within Henan's universities but also sheds light on the crucial mediating role of Organizational Commitment (OC). The dual pathway through which CSR influences employee performance underlines the significance of integrating CSR into the core strategic management practices of educational institutions. It signals to university administrators and policy-makers that CSR initiatives are not just external obligations but essential strategies for cultivating a committed and high-performing workforce. This realization opens up avenues for universities to re-evaluate and strengthen their CSR strategies, ensuring they are aligned with both organizational goals and employee values. Moreover, it encourages educational institutions to view CSR as a lever for organizational improvement and a bridge to deeper engagement with employees, ultimately contributing to the advancement of educational quality and societal contributions.

A Proposed Costing System for Agile Just-In-Time Supply Chains with Back-Flush and throughput Accounting

2024-03-23T12:35:21+00:00

According to the new advances in the form of new firms, including JIT and Agile, further advances in technologies, computer programs, and the systems of official accounting all become necessary to be modified. Also, the considerations of kaizen costing systems, in addition to the new movements towards the concern of the customer, should come first as a result of the new movements towards the customer profit analysis. In a JIT supply chain, suppliers are responsible for informing their cus-tomers of their products. Within the context of the current research, it was suggested to use the sys-tems of Back-flush costing as well as throughput accounting systems to simplify the application of just-in time systems and agile systems to satisfy the requirements of achieving the policy of continu-ous improvement. Furthermore, the continuous debate between the different parties of the game supposed here will be realized and considered. The integration of competitors into various aspects of the supply chain has been made possible by the emergence of intelligent supply chains. Additionally, the rapid advancements in the industrial and technological landscape have placed a significant bur-den on the movement of goods and information, requiring efficient and cost-effective solutions to meet time-sensitive requirements and customer demands. It is even more promising to consider the potential for surpassing competitors in terms of achievements and capabilities. The continuous advancements in artificial intelligence have further emphasized the need for progress in both production quality and cost optimization. The rapid progress in both the just-in-time/agile and resilient systems has led to additional requirements for the implemented accounting system and the selected level of automated accounting system. Extensive analysis of various arguments within the scope of the present study has been conducted, promoting the adoption of a more reality-sensitive model for the application.

Empirical Evidence on the Validity of the Unconditional Higher Moment CAPM in the Bombay Stock Exchange

2024-03-26T10:34:38+00:00

The traditional Capital Asset Pricing Model (CAPM) assumed a normal distribution of returns, which was criticized by various researchers who recognized the non-normal distribution of returns in the Sharpe-Lintner CAPM. The introduction of unconditional higher moments, namely co-skewness and co-kurtosis, as additional measures of systematic risk may enhance the model's explanatory power, especially when the distribution function of stock returns is asymmetric. The present study empirically investigates the applicability of unconditional higher order moment CAPM and the impact of higher moments in the Indian stock market i.e. Bombay Stock Exchange using the data of sectoral indices for the period from April 2011 to March 2021. To test the four moment CAPM empirically, the specification given by Fang and Lai has been used in the study. The findings of the present study revealed that the higher moments (coskewness and cokurtosis) are significantly priced and have impact on the returns in the Indian stock market. The market risk premium for covariance was found to be insignificant. Further the hypothesis related to intercept term was accepted and market risk premiums were rejected. The results showed an increase in the explanatory power of the model as compared to the unconditional CAPM as the R-square value of the model was obtained better than the latter model. The mixed and inconclusive findings contradicted the model in the Indian context. The alternate models like the Fama-French three factor and five factor model should be exploited in the Indian context as those models have been rarely used in the Indian context.

Econometric Modeling and Forecasting of Arabica and Robusta Coffee Production for Sustainable Agriculture Development

2024-03-27T11:07:30+00:00

In the present study, we have used Box-Jenkins approaches an Autoregressive Integrated Moving Average model (ARIMA) for modeling and forecasting of annual amount of Arabica and Robusta coffee production and yield (ARCPY) in India. In this study used time series data was collected from the official website of the coffee board of India from 1986 to 2023 (38 observations). Augmented Dickey-Fuller (ADF) test has used for testing the stationarity of the time series, and the appropriate ARIMA model has selected based on minimum Akaike Information Criterion (AIC). The ARIMA models has compared with the other ARIMA models with respect to forecast accuracy measures, and the residuals has diagnosed for possible presence of autocorrelation, and white noise heteroscedasticity (WNH) test of the fitted models. The MAPE value of ACP and ACY has 8.94 and 9.35 percent respectively shows highly accurate forecasting percentage rate respectively. While, the MAPE value of RCP and RCY has 16.03 and 11.43 percent respectively shows good accurate forecasting percentage rate respectively. Thus, we found the ARIMA (2, 1, 4), (3, 1, 2), (0, 1, 3) and (2, 0, 1) models for Arabica and Robusta coffee; which has observed as the best suitable model for predicting the future annual amount of Arabica coffee production (ACP), Arabica coffee yield (ACY), Robusta coffee production (RCP) and Robusta coffee yield (RCY) respectively, and we have estimated that the annual amount of ACP and ACY achieved in the year 2023-24 from 97379.67 MTs, and 472.29 kg/hectare respectively to 93272.91 MTs, and 379.31 kg/hectare respectively in the year 2034-35 will decrease, and the annual amount of RCP and RCY achieved in the year 2023-24 from 268655.21 MTs, and 1110.68 kg/hectare respectively to 318614.85 MTs, and 1012.90 kg/hectare respectively in the year 2034-35 will reach.

Impact of RMB Exchange Rate Changes on Jiangsu’s Foreign Trade

2024-03-28T10:04:17+00:00

The acceleration of globalization makes the whole world economy full of uncertainty Development has strongly promoted the growth of global trade, on the other hand, the financial crisis of globalization will have a more profound impact on every economy, thus disrupting the balance of the global economy.

GARCH model is used to calculate the volatility of exchange rate, and the empirical part analyzes the impact of RMB exchange rate changes on the export trade of Jiangsu Province. A total of 70 periods of monthly data from 2018 to 2023 are used, including two periods of exchange rate reform and epidemic that have a great impact on RMB exchange rate fluctuations. The empirical results show that, the change of exchange rate has a significant impact on the import and export trade volume of Jiangsu Province, and the exchange rate fluctuation has a significant negative impact on the export trade scale of Jiangsu province, which is greater than the import;

Finally, for the foreign trade industry of Jiangsu province how to deal with the volatility of RMB exchange rate, this paper puts forward corresponding countermeasures and suggestions from the perspective of government and enterprises respectively.

Empowering Women: E-Shakti's Impact on Self-Help Groups Digitization and Financial Inclusion in India

2024-03-28T12:22:05+00:00

The study assesses the influence of the National Bank for Agricultural and Rural Development’s (NABARD) Project E-Shakti on the digitization of Self-Help Groups (SHGs) and the economic position of women in India. The study evaluates the project's outcomes using data from NABARD's Status of Microfinance in India reports from 2007-08 to 2022-23. The number of SHGs credit linked, savings of SHGs, loans disbursed to them, loans outstanding against them, and non-performing assets (NPA) were the variables considered for the study. Trend analysis and correlation were applied to the available data. For the analysis of the data, the Python algorithm was used. The study's findings indicate that Project E-Shakti intensely boosted the number of districts served and SHGs linked to formal finance, reducing their dependency on informal sources. The project also resulted in a significant increase in loan disbursement to SHGs, indicating enhanced financial sustainability and accessibility. The digitization of SHGs improved women's economic conditions by allowing them to engage in income-generating activities. The programme helped to reduce non-performing assets, signifying its beneficial impact on the financial health of SHGs. Refinance to Non-Banking Financial Companies- Microfinance Institutions (NBFC-MFIs) showed a boost after E-Shakti but then a volatile pattern was observed in the subsequent years. Project E-Shakti was a success in terms of promoting digitization, increasing financial inclusion, and improving women's economic empowerment in SHGs. To maximize the long-term benefit of digitization programmes, the study proposes increasing their scope, investing in digital literacy training, and enhancing monitoring and evaluation procedures.

Assessment of Digital Risk of Senior Care in Shandong Province: A Focus on the Digital Divide

2024-03-29T08:18:35+00:00

Aging of the population has implications for the elderly, family care, social welfare and labor, and government finances in China. Moreover, there is a gap between the elderly and others in the use of digital tools. It is difficult and inconvenient to obtain digital information and use digital information, thus forming the phenomenon of digital divide. Under the background of digital divide, the elderly is faced with many digital risk problems, and how to deal with these problems has become a very important research topic. The purpose of this study is to explore the use of digital tools by the elderly, to analyze the digital risks they faced, and to provide the research suggestions. The data were obtained through in-depth interviews with 17 respondents and 332 valid questionnaires. The results show that elderly is more likely to own smartphones and use them to make calls and pay for daily purchases. In addition, common digital risks for the elderly include online shopping risk, time risk, privacy risk, financial risk and psychological risk. The study suggested that the government should strengthen publicity on online shopping precautions and cooperate with universities or research institutions to raise and prevent digital risk awareness among the elderly.

A Study on Supply Chain Analysis and Marketing Margin of Catfish Seed in Mymensingh District, Bangladesh

2024-03-29T10:07:32+00:00

Aims: This study examined the supply chain and marketing margin of catfish seed in selected areas of the Mymensingh district. The objectives include analyzing supply chain management, marketing margins of catfish seed production, and identifying the challenges in production and marketing systems.

Study Design: This study used a quantitative approach with a questionnaire data collection method.

Place and Duration of Study: Samples were taken from four upazilas of Mymensingh district- Gouripur, Trishal, Mymensingh Sadar, and Muktagacha. Data was collected through face-to-face interviews between mid-September and mid-October in 2019.

Methodology: The sample size was 120 including 30 catfish seed farmers, 30 paikers, 30 wholesalers, and 30 retailers. This study employed supply chain analysis, net return and net marketing margin analysis, and descriptive statistics.

Results: The study found that retailers had the highest net marketing margin of 1664 Bangladeshi Taka (Tk.) (15.21 US Dollars) for 10 kg spawn, while paikers earned the highest margin of Tk. 11148 (101.93 US Dollars) for 100,000 pieces of fingerling. The annual net return per acre from spawn production in hatcheries was Tk. 9,469,097 (86580.71 US Dollars), and from fingerling production in nurseries was Tk. 455,783 (4167.45 US Dollars).

Conclusion: The research indicated that catfish seed farms with hatcheries were more profitable than those with nurseries. Hatchery owners, nursery owners, and traders faced significant problems in their operations, such as a lack of information on quality seed, higher input prices and price fluctuations, non-availability of various inputs, and poor communication systems. Based on the result, recommendations were made to support the development of catfish seed farms and traders as a promising sector in agribusiness.

Satisfaction of International Tourists with Departure Services at Kilimanjaro International Airport: A Study in Tanzania

2024-03-30T13:32:31+00:00

This study assessed the relationship between airport departure non-processing service performance and international tourists' satisfaction at Kilimanjaro International Airport. A survey research design and quantitative approaches with stratified sampling and a 162 sample size were adopted. Data collection was done through closed-ended questionnaires. The questionnaires were distributed to tourists and picked after being filled up. Respondents’ responses were based on a five-point Likert Scale. Data analysis was done using IBM SPSS statistics version 21 and Partial Least Squares – Structural Equation Modelling using SmartPLS 3 software with the help of SmartPLS3 software. The study showed that airport departure facilities were directly and significantly associated with international tourists' satisfaction. This implies that the relationship exists in real life, and any effort to disregard the assessment of these facilities may disturb tourists' satisfaction and lead to untrustworthiness. Moreover, airport departure accessibility and departure retail areas showed an insignificant association with international tourists' satisfaction, implying that no relationship exists in real life. The study recommends that indicators for the constructs with direct relationships be treated as significant factors. However, airport operators should equally monitor service performance to achieve the highest tourist’ satisfaction in all three constructs to make tourists loyal since any service compromise can interrupt tourists' satisfaction. The findings have economic significance in improving tourism performance and airport service management.

The Influence of Interaction Quality, Physical Environment Quality, and Environmentally Friendly Practices on Brand Personality and Brand Reputation with Customer Experience as a Mediating Variable

2024-04-01T10:13:49+00:00

Aim: This research aims to explain the positive influence of interaction quality, physical environment quality, and environmentally friendly practices on brand personality and brand reputation with customer experience as a mediating variable. This is important and interesting to discuss because it is necessary to implement marketing strategies in a brand or company.

Study Design: Service quality is evaluated based on interaction quality and physical environment quality and green marketing is evaluated based on physical environmentally friendly practices.

Place and Duration of Study: This research was conducted in Indonesia from September 2023 to February 2024.

Methodology: The study used a convenience sampling method and generated 350 respondents. Primary data for this study was obtained through an online questionnaire. Data analysis was conducted using Structural Equation Model modeling with AMOS 24.

Results: The results of this study show that (1) the quality of interactions, the quality of the physical environment, and environmentally friendly practices have a positive and significant effect on customer experience. (2) Interaction quality, physical environment quality, environmentally friendly practices, and brand personality have a positive influence on brand reputation. (3) Customer experience has a positive and significant influence on brand personality and brand reputation.

Conclusion: This research provides new insights into the influence of service quality and green marketing in a company or brand. Companies must manage these two things to improve the brand personality and brand reputation of the company, especially in the food and beverages sector.

Factors Affecting Stock Price Volatility of Commercial Banks in Nepal

2024-04-01T10:54:36+00:00

This study explores the factors affecting the market price of Nepalese commercial banks over the period from 2017/18 to 2021/22 AD. Utilizing bivariate correlation and regression models, data sourced from the annual reports and official publications of eight NEPSE-listed banks underwent comprehensive analysis facilitated by MS- Excel and SPSS. The results unveil a significant positive correlation between earnings per share (EPS) and price-earnings ratio (P/E ratio), indicating that as EPS increases, so does the P/E ratio, and consequently, the market price. However, the impact of book value and dividend per share on market prices was found to be negligible, suggesting that these factors exert minimal influence on market valuations. The primary inference drawn from the findings underscores the dominance of price- earnings ratio and earnings per share as pivotal determinants of share prices within Nepalese commercial banks. This indicates that investors place substantial emphasis on these metrics when evaluating the investment potential of Nepalese commercial banks. These findings provide valuable insights for investors, financial analysts, and policymakers, offering a clearer understanding of the market dynamics and the key drivers of share prices within the Nepalese banking sector. Moreover, they underscore the importance of considering EPS and P/E ratio when making investment decisions in Nepalese commercial banks.

The Role of Innovative Work Behavior as an Intervening Variable in the Relationship between Transformational Leadership and Information Sharing on Employee Performance

2024-04-02T07:28:29+00:00

A company needs a leader who can make a good impact on its employees and who will later influence their performance. Sharing information and innovative work behavior within a company will also affect performance within the company. In this analysis, two exogenous variables are used: Transformational Leadership and Information Sharing, and the endogenous variables of employee performance and innovative work behavior as intervening variables. The data collected from this study is as many as 150 respondents and was obtained from 7 start-up companies located in Yogyakarta. The sampling technique in this study uses purposive samplings. The data analysis technique in this analysis uses Structural Equation Modelling with the help of SmartPLS-3. The results of this study show that the entire hypothesis submitted is accepted. Innovative work behavior has a mediating role for Transformational Leadership and Information Sharing. This suggests that fostering transformational leadership qualities and promoting a culture of information sharing can lead to improved employee performance through enhanced innovative work behavior. Such findings have significant implications for organizations aiming to enhance their performance through leadership and communication strategies.

Financial Reporting Quality at Public Universities in Southwest Nigeria

2024-04-02T13:04:15+00:00

To help investors make timely and cost-effective judgments, financial reporting quality has been a pertinent topic of discussion in the global business community. It assists users in public organizations in selecting the best method for utilizing relevant accounting data. Research in the literature revealed that incidences of fraud and a lack of accountability result in subpar financial reporting, which undermines investor trust and shapes investment choices. Research indicates that a large number of colleges fail to incorporate audit quality into their daily operations in an effort to improve financial reporting standards. As a result, this study looked at the connection between financial reporting quality and audit quality at many public institutions in southwest Nigeria.

In this study, survey research approach was used. Twelve of the nineteen public universities in southwest Nigeria that were included in the study were selected through the use of purposeful sampling. A total of 250 employees who worked in senior management, audit, and finance made up the target population. A sample size of 201 was calculated using the Taro Yamane formula. There were 201 copies of the validated structure questionnaire distributed to the participants. Ninety-four, or 94.5 percent, were recovered. The reliability coefficients for Cronbach's Alpha varied from 0.724 to 0.991. The data were analyzed using both inferential (multiple regression) and descriptive statistics.

The results of the study showed that audit quality had a significant impact on the following: financial report timeliness (Adj. R2 = 0.516; F(201) = 43.597=; p=0.00); financial report faithful representation (Adj. R2 = 0.598; F(6, 183) = 47.930=; p=0.00); financial report understandability (Adj. R2 = 0.416; F(6, 183) = 21.735=; p=0.00); and the comparability of financial report quality (Adj. R2 = 0.390; F(201) = 21.102=; p=0.00).

The study came to the conclusion that financial reporting quality at public universities in southwest Nigeria is influenced by the quality of audits. To improve the caliber of financial reporting, the study advised public entities to include audit quality into their daily operations.

Capital Market and Economic Growth in Nigeria

2024-04-03T12:34:12+00:00

In spite of its expected role of bridging the saving and investment gap for economic growth, the impact of the Nigerian capital market on the growth of the economy remains unclear. This study looked at the influence of the capital market on economic growth in Nigeria between 1981 and 2022, using vector autoregressive (VAR) analysis. The variables used included: real gross domestic product (RGDP), market capitalization (MCAP), total value of securities traded (TVST), and gross fixed capital formation (GFCF). The study concluded that while RGDP and MCAP influenced their own outcome as well as the outcome of other variables positively in both the short and long run, TVST and GFCF influenced their own outcome as well as the outcome of other variables negatively in both the short and long run, using the VAR system tools of impulse response function and forecast error variance decomposition. Based on the findings of this study, we recommended among others the urgent need to boost the perception of local firms listed in the Nigerian stock exchange both locally and internationally in terms of the total value of their corporate assets and performance measured by price-to-earnings, price-to-sales and return-on-equity metrics. This can be improved upon when these firms are able to increase the quality of their products and services thereby making them better competitors in the global space.

Teaching Factory, Entrepreneurship Education and Entrepreneurial Interest: Moderating Effect of Product Innovation

2024-04-04T12:57:09+00:00

Aims: This study aims to examine the relationship between Teaching Factory and Entrepreneurship Education and the impact of product innovation as a moderating variable on entrepreneurial interest.

Study Design: This study uses a quantitative research design.

Place and Duration of Study: The study population involved all students of Grades XI and XII of State Vocational High School in Banyuwangi Regency with the Teaching Factory learning system. This study used a sample of 250 students selected through a purposive sampling approach.

Methodology: The research instrument used in this study is a questionnaire or survey using a Likert measuring scale, namely an interval scale of 1-5, strongly disagree, disagree, neutral, agree and strongly agree. Data analysis in this study used the Partial Least Squares (PLS) technique to analyze data and apply with PLS4.

Results: All variables are valid and reliable, and there is no multicollinearity in the model. The results concluded that there is a positive relationship between Teaching Factory, Entrepreneurship Education, Product Innovation, and Entrepreneurial Interest.

Conclusion: Teaching Factory and Entrepreneurship Education can be effective instruments in fostering entrepreneurial interest among vocational students and can be used as a foundation for developing similar programs in various educational contexts. dan wilayah.

The Dance of Two Instruments: How Fiscal and Monetary Policy Interact in Nigeria

2024-04-06T07:31:11+00:00

This study examined the nature of the interaction between fiscal and monetary policies in Nigeria. It also investigates the channels through which impulses from fiscal and monetary policy interaction are transmitted to inflation, output and exchange rate. These were intended to provide information on the nature of interaction between fiscal and monetary policies in Nigeria. Quarterly secondary data covering the period between 1980Q1 and 2022Q1 were used in the study. Data on real gross domestic product, consumer price index, lending rate, real exchange rate and total government expenditure were sourced from international financial statistical (2022Q4 Edition) and Central Bank of Nigeria (CBN) Statistical Bulletin (2009 and 2022Q4 Issues). Structural Vector Autoregression (SVAR) econometric model was employed for the analysis of data. The results showed that interaction between fiscal and monetary policy in Nigeria is characterised by the way shock occurred. This indicated that the interaction between both policies showed a substitutive nature when the shocks resulted from aggregate demand and supply shocks, whereas the policies complemented each other when other macroeconomic shocks occur due to policy changes occurred. The study also revealed that investment and consumption are the channels through which impulses are transmitted into inflation, output and exchange rate. The study concluded that the nature of relationship between fiscal and monetary policy is dependent on shocks.

Examining the Influence of Risk Management Committee Dynamics on Financial Performance: A Case Study of Listed Insurance Companies in Nigeria

2024-04-06T07:53:08+00:00

The Nigerian insurance industry has experienced substantial growth due to factors like increased awareness, regulatory reforms, and technological advancements. This research aimed to explore how the composition, structure, and activities of risk management committees influence key financial performance metrics, focusing on return on assets (ROA). Data from annual reports and audited financial statements of selected insurance companies listed on the Nigerian Exchange Group from 2013 to 2022 were analyzed using both descriptive and inferential statistics. The study revealed that risk management committee size and meeting frequency positively impact financial performance, suggesting that larger committees and more frequent meetings correlate with better financial outcomes. However, factors like committee independence and gender diversity had insignificant effects on financial performance. In conclusion, the presence and effectiveness of risk management committees significantly affect the financial performance of listed insurance companies in Nigeria. The study recommends that insurance companies prioritize diverse committee compositions to benefit from a wider range of expertise and perspectives.

Impact of Public Debt on Poverty in Nigeria: A Vector Autoregressive Analysis

2024-04-06T08:10:19+00:00

This study examined the impact of public debt on poverty in Nigeria for the period 1985 to 2021. The study regressed poverty against public debt in a vector error correction model using the Johansen approach. The study found a long-run relationship between public debt and poverty in Nigeria. The effect of public debt on poverty in Nigeria was found to be positive and permanent, becoming more pronounced with time. The study recommends the government’s deliberate effort in restraining continuous unsustainable public borrowing while also determining the maximum threshold at which debt servicing becomes poverty-reinforcing.

The Influence of Supply Chain Integration, Agility, and Innovation on Company Performance

2024-04-06T12:51:21+00:00

This research aims to determine and investigate the role of supply chain integration, agility, and innovation in the performance of Micro, Small, and Medium Enterprises (MSMEs) operating in the food and beverage sector. By optimizing these factors, companies can enhance the value and profitability generated across the supply chain, encompassing value addition from suppliers to manufacturers, manufacturers to distributors, and ultimately to consumers. This value is created from the service value and price of a finished product, with the total costs borne by the entire supply chain system. The study focuses on MSMEs in the Yogyakarta region, employing random sampling techniques to gather data from various stakeholders, including owners, managers, and operational staff. Questionnaire-based data collection is followed by Structural Equation Model (SEM) analysis using AMOS software. The results of this research indicate that integration, agility, and innovation have a positive effect on company performance, both in terms of financial performance and operational performance. This study contributes to the supply chain literature, specifically in the food and beverage industry, by expanding the understanding of supply chain dynamics. To enhance supply chain integration, managers can implement broader strategies and utilize information technology for better collaboration. To improve supply chain agility, the focus should be on developing flexibility and partnering with agile businesses. Supply chain innovation can be promoted through investments in technology and prioritizing innovation in products, processes, and business models.

The Influence of the Student Exchange Program (Global UGRAD) on Career Aspirations Moderated by Self-Leadership among Alumni of the Global UGRAD Bachelor's Program

2024-04-06T12:58:28+00:00

This study aims to investigate the influence of the Global Undergraduate Exchange Program (Global UGRAD) on alumni career aspirations and the role of self-leadership as a moderator of career aspirations among Global UGRAD alumni for the academic year 2022-2023. Employing quantitative techniques, including a 4-point Likert scale and explanatory analysis, data were collected from 85 alumni representing 33 countries. The validity test confirms the credibility of all items, while subsequent reliability tests establish their consistency. Results from hypothesis testing indicate that the student exchange program (Global UGRAD) does not significantly influence career aspirations because the P value is 0.153 > 0.05. However, student exchange program (Global UGRAD) has a significant positive influence on self-leadership as the P value is 0.000 < 0.05. Furthermore, self-leadership has a positive and significant influence on career aspirations as the P value is 0.004 < 0.05. Additionally, it was found that self-leadership can moderate the relationship between the student exchange program (Global UGRAD) and career aspirations as the P value is 0.015 < 0.05. These findings highlight the importance of fostering self-leadership skills for enhancing career aspirations among students participating in international exchange programs (Global UGRAD).

Analysing the Impact of Major Financial Crisis on Macroeconomic Variables and Stock Prices: An Empirical Study of Stock Market of United Kingdom

2024-04-08T07:32:14+00:00

The research paper empirically tests the impact of major financial crisis of 2008 by testing the causality between five macroeconomic variables (interest rate, inflation, money supply, GDP and exchange rate), the FTSE All-Share index and its sectoral indices. Furthermore, it analyses whether the global financial crisis of 2008 affected the direction of the causality or not. For this purpose the causality tests were performed in two sections one on the data for the pre financial crisis period from 1999 to 2007 and another on the data for post financial crisis period from 2008 to 2022. The causality was tested using the quantile Granger causality test, the research findings reveal the complex causality between the UK stock market and the most prevalent macroeconomic factors. The findings of the research are suggestive that the causality between macroeconomic factors changed from pre-crisis period to post-crisis period. This is indicative of the event sensitivity of the stock market of UK. It was found that the direction of this causality varies according to the circumstances of the economy and across different sectors involved, and particular economic conditions at various times. The findings of this research provide important insights for policymakers, investors, and economic analysts, as they shed light on the dynamic and complex relationship between the indicators, both on an aggregate and sectoral level. The research findings also emphasise the importance of considering the variables' distribution when analysing the issue of causality.

The Influence of Capital Intensity, Leverage, Profitability, and Corporate Social Responsibility on Tax Avoidance with Firm Size as a Moderating Variable

2024-04-08T11:57:36+00:00

Aims: This research aims to test and analyze capital intensity, leverage, profitability, and corporate social responsibility on tax avoidance with firm size as a moderating variable.

Study Design: This research uses a quantitative causality method that relies on secondary data collection originating from the Indonesian Stock Exchange.

Place and Duration of Study: Companies listed on the Jakarta Islamic Index from 2018 to 2022.

Methodology: The sampling method used purposive sampling, so that 80 samples were obtained from 16 suitable companies. The analytical method used in this research is panel data regression analysis carried out with Eviews 12 software.

Results: The research results show that capital intensity, leverage, and profitability influence tax avoidance, while corporate social responsibility does not affect tax avoidance. The results of the moderation test show that firm size does not moderate the influence of capital intensity, leverage, profitability, and corporate social responsibility on tax avoidance.

Implications: Company managers and tax regulators need to pay attention to factors such as capital intensity, leverage, and profitability in managing and supervising tax avoidance practices.

The Influence of Persona Attributes and Content of Tasya Farasya as a Human Brand on Instagram Followers' Interest in Cosmetic Products

2024-04-08T13:29:02+00:00

This quantitative research investigates the influence of enjoyability, similarity, and expertise on attachment transfer, mediated by the fulfillment of connection and competency needs. Utilizing a 6-point Likert scale questionnaire, data was collected from 100 Instagram users aged 18 and above in Indonesia. Partial Least Squares Structural Equation Modeling (PLS-SEM) using SmartPLS version 3 software was employed for data analysis. The results revealed that all hypotheses were supported, confirming the mediating role of fulfillment of connection and competency needs. This study contributes to the theoretical understanding of Social Media Influencers (SMI). It underscores the importance of effective management of social media influencers, particularly in the beauty industry, to enhance digital marketing strategies and broaden market reach. Additionally, it emphasizes the significance of improving consumer purchasing decisions through targeted social media influencer campaigns.

Online Mango Business Challenges and Opportunities in Rajshahi Division: A Qualitative Approach

2024-04-08T13:39:50+00:00

Aims: The main objective of this study was to investigate the challenges and opportunities of online mango business in Rajshahi division of Bangladesh.

Study design: The methods and procedures for evaluating data and providing some level of knowledge, explanation, and interpretation of patterns and themes in textual data are referred to as Qualitative Data Analysis (QDA). In this study, explorative qualitative approach was adopted to gain a comprehensive understanding of students engaged in online mango marketing. For reaching the conclusion, the researcher has been performed thematic analysis.

Methodology: This study involved fifteen students whom running online mango business and gather information on their perceptions, feelings, beliefs, business nature, reasons for starting, management of student life, and problems and opportunities of the business via in-depth interviews. The in-depth interview method was used to gain a comprehensive understanding of the students’ experiences and perspectives.

Results: The study explored that student have sufficient technological skills to operate their internet activities properly. Most of them have begun businesses since their college period, where some others started during the COVID-19 epidemic, motivated by friends, family, and other entrepreneurs, and eventually got capital support from their families. These students have dedicated customer bases and concentrate a premium on providing high-quality products in order to promote sales. They actively run their businesses through Facebook, taking advantage of the platform’s extent. But most of the entrepreneurs deals with several issues while manage their enterprises such as payment-related problems, transportation problems, and delivery-related problems etc. The findings also showed that online business alters those student’s lifestyles and upbringings, originating in a new era of self-confidence and self-respect.

Conclusion: Financial support, good transportation system, basic training of the online business, different online courses, and workshops for the student entrepreneurs should be organized. It is needful for escalating this easy-access business and look forward with strong business determination in future.

The Effect of Dividend Policy, Liquidity and Profitability on Company Value

2024-04-10T11:05:15+00:00

Aims: This research aims to analyze the influence of dividend policy, company liquidity and company profitability on company value in manufacturing companies

Place and Duration of Study: This research uses a sample of manufacturing companies in the consumer goods industry sector listed on the Indonesia Stock Exchange for the 2017 - 2021 period.

Methodology: Researchers use causal quantitative methods with secondary data sources. The method used is the purposive sampling method. The total population in this study was 72 manufacturing companies in the sub-food and beverage consumer goods industrial sector and 18 companies were selected as samples with observation data of 90 samples. This research uses descriptive analysis techniques, classical assumption tests, model feasibility tests and multiple linear regression analysis using SPSS version 25 statistical software as a tool to process data and provide conclusions.

Conclusion: The results of this research show that dividend policy and profitability have a positive effect on company value, while liquidity does not have a positive effect on company value.

Gender Differences in Financial Literacy: A Study of Trincomalee Campus, Eastern University, Sri Lanka

2024-04-10T12:38:36+00:00

To make wise financial decisions and get ready for future financial obligations, people need to be financially literate. This study examines the disparities in financial literacy across genders among the Eastern University of Sri Lanka students at the Trincomalee Campus. The study intends to identify possible gaps and increase understanding of variables impacting financial knowledge in this educational context by comparing the financial literacy skills of male and female students. The study looks at several financial literacy-related topics, such as insurance, investments, savings, individual finances, and financial literacy in general. Results show that there are gender differences in financial literacy, with male students usually having mean scores that are somewhat higher than those of female students in all areas. Nonetheless, significant variation exists within each gender category, suggesting variations in personal literacy skills. Overall, the study emphasizes how critical it is to implement focused interventions to raise financial literacy and guarantee that everyone has fair access to financial education, enabling them to make better financial decisions and maintain better financial health.

International Markets’ Segmentation, Marketing and Performance: A BCG Matrix Approach

2024-04-11T10:36:04+00:00

Aims: In today's economy, which is very competitive, strategic management models are used more often to solve business problems by evaluating the current situation and helping to make successful national strategic plans. From this currently, the Boston Consulting Group (BCG) Matrix, one of the most well-known tools for strategic planning, is used to evaluate a company's products to help with long-term strategic planning. It assists businesses in finding fresh development prospects and selecting their future investment strategy. This study intends to investigate international markets’ segmentation, marketing and performance of Ethiopian coffee industry using a BCG matrix approach.

Objectives: In this regard, the study has two objectives. First, evaluate Ethiopian coffee industry and its export performance. Second, segment Ethiopian coffee's international markets and assess market attractiveness using the BCG matrix's market share and growth approach.

Methods: The matrix was utilized to examine Ethiopia's coffee export market and the top twenty Ethiopian coffee export destinations with the highest average values over the last six years (2016–2021) were selected from more than sixty countries. The export values extracted from International Trade Center (ITC) database. An explanatory approach was used in this study. In addition to primary data from semi-structured interviews, sales figures and market share from written documents were used as secondary data.

Results: The outcome suggests that Ethiopian coffee destinations are segmented in international markets using a BCG matrix approach, which assists coffee exporters in deciding whether to finance through investments or be liquidated to free up funds with little potential for use elsewhere.

Conclusion: Ethiopian coffee exports have shown growth globally over six years, though dipped in 2018. Germany, USA, Japan, Belgium, and South Korea are top five destinations among the top twenty for Ethiopian coffee export destinations based on an average of six years' worth of export value.

The Impact of Internet Banking on Bank Fraud in Nigeria

2024-04-12T06:24:09+00:00

This study investigated the effect of internet banking on bank fraud in Nigeria. Monthly data covering from January 2008 to January 2019 representing 97 observations were utilized. The Auto Regressive Distributed Lag (ARDL) technique was used as the technique of data analysis. The independent variable is internet banking while the dependent variable is bank fraud. The control variables included measures of regulatory quality, bank development and capital market development which have strong correlation with the level of bank fraud in a financial system. Identity theft theory & software vulnerability theory were the theoretical underpinnings in this work. The findings of the study reveal overwhelming evidence of a positive interaction between internet banking and bank fraud in Nigeria which could be attributed to the regulatory quality of the Nigerian banking industry. Internet based transactions had a positive and significant effect on bank fraud in Nigeria Some of the recommendations emanating from the findings of the study are; mainstreaming regulatory sandbox, promoting favorable macroeconomic environment, strengthen AML/CFT regime, strict adherence to fraud disruption measure, biometric authentication, harmonization of industry standards, consumer education awareness.

Optimizing Queue Management in Healthcare Settings: Enhancing Patient Satisfaction through Strategic Approaches

2024-04-15T11:44:25+00:00

This study aims to investigate the interplay between queue management aspects (service quality, waiting time, waiting environment, queue discipline), and patient satisfaction within the healthcare context, while also assessing the impact of these factors on patient satisfaction levels. Employing a deductive approach, hypotheses were formulated and tested based on empirical data collected through a survey conducted in five hospitals across the Ampara district of Sri Lanka. A quantitative research design was adopted, utilizing a self-administered questionnaire distributed among 392 patients. Statistical analyses, including Pearson correlation and regression analysis, were conducted using SPSS 22nd version. The findings reveal significant correlations between queue management aspects and patient satisfaction, with service quality, waiting time, waiting environment, and queue discipline playing crucial roles. These insights contribute to a comprehensive understanding of factors influencing patient satisfaction in healthcare settings, informing targeted interventions for improving service delivery and patient experiences.

Exploring the Impact of the Digital Economy on China's Export Implied Carbon Intensity: A Provincial Panel Data Analysis

2024-04-16T07:13:32+00:00

Exploiting the positive effect of digital economy on reducing the implied carbon intensity of exports is an important path to promote the green and low-carbon transformation of China's export trade. In view of this, using the Chinese provincial panel data from 2008 to 2020 to scrutinize the consequential impact and intricate mechanisms at play between these variables. Employing a robust methodology, including fixed-effects models, mediating-effects models, and threshold models, the analysis delves into the multi-faceted impact of the digital economy on export implied carbon intensity. It is found that (1) The enhancement of the digital economy can significantly reduce the implied carbon intensity of exports. (2) The digital economy further diminishes the implied carbon intensity of exports through the mediating influences of industrial structure and technological progress. (3) The relationship between the digital economy, industrial structure, and technological progress exhibits a noteworthy non-linear dynamic concerning export implied carbon intensity.

Unraveling the Impact of Geographical Indication on Consumer Preferences for Handloom Products

2024-04-16T11:00:43+00:00

Handloom products represent an emotional significance in addition to their utilitarian function. It reminds us of the artistic skills and cultural uniqueness that exist in our nation. GI registrations have been granted to the handloom segment to protect the artists and maintain the authenticity of weaving. Due to a lack of knowledge about GI tag handloom products, consumers often face a dilemma when deciding whether or not to buy handloom products when other power-loomed fabrics are available. This study addresses the research gap by examining the factors contributing to consumers' willingness to buy Champa’s silk handloom products with GI tags. People generally associate the Champa region with the production of kosha silk. This study has brought in the Theory of Planned Behavior (TPB) as a base to develop a theoretical model for determining the intention to buy handloom products with GI tags. Using a convenient sampling approach, the researchers targeted potential handloom consumers as a demographic concern. A total of 250 questionnaires were distributed; out of those, 197 were deemed suitable for further study. The Theory of Planned Behavior (TPB) evaluates the behavioral characteristics of consumers while making purchases. The models were evaluated using the SmartPLS4 software. The findings showed that price veracity and consumer trust have a considerable positive impact on attitude. The handloom products with GI tags build potential trust among consumers on handloom products. Handloom store retailers should take the initiative to make consumers aware of the authenticity of their products, which prominently include GI certification labels on handloom items.

An Analysis of the Socioeconomic Benefits Arising from Kubwa Rail Station in Abuja, Nigeria

2024-04-16T11:37:49+00:00

The study examined socioeconomic benefits arising from the location of the rail station in Kubwa community, Abuja. The study adopted survey research, and data was collected from household heads of rented multi-tenanted apartments in Kubwa within 3km of Kubwa rail station. Structured questionnaires were used to elicit data from a sample of household heads of rented multi-tenanted apartments in Kubwa. The collected data was analysed using a weighted mean score and the Kruktal-Wallis test. In a weighted mean, factors are ranked from 1^st to last position in descending order of their weighted means, such that the factor with the highest weighted mean ranks first while the one with the lowest weighted mean ranks last. This method is used for its simplicity and ease of communicating the results of the research. The study found that within a one-kilometre radius of the rail station, increased property value is the highest socioeconomic benefit derived from the rail station. Following this came cost-effectiveness, increased retail activity, and improved accessibility and connectivity. The research also revealed that increased property value is the most significant benefit within a two-kilometre radius, followed by improved accessibility, connectivity, and cost-effectiveness. Also, within a three-kilometre radius, cost-effectiveness is the highest socioeconomic benefit derived from the rail station, followed closely by improved accessibility and connectivity, and time schedule and organization. Rail stations play a crucial role in urban and regional development that extends beyond mere accessibility by catalysing a variety of socioeconomic effects in the areas they serve. Consequently, the government must place a high priority on the meticulous maintenance and upkeep of the rail infrastructure.

Cross-Country Trade and Economic Growth: An Impact Analysis of Nigeria’s Economic Growth

2024-04-17T10:26:02+00:00

This research studied cross country trade and economic growth with the analysis of its impact on Nigeria’s economic growth. It covered time series data from 1992 to 2020 with gross domestic product, exports, imports, foreign direct investment and openness of trade as variables included in the model. The ARDL model was used for data analysis and the outcome showed positive and significant relationships between exports, imports and openness of trade and economic growth while the relationship between foreign direct investment and economic growth was negative but, significant. The gap created in this study lies in the year of coverage and the variables of the model which actively are involved in international trade compared to variables of reviewed studies. The study concluded that variables with positive relationships with economic growth are the ones that contribute or cause economic growth to increase as they increase while foreign direct investment that has negative relationship with economic growth only reduces economic growth as it increases in value. It recommended that priority should be given to local production of export goods and the reduction of import goods with the exception of technology imports.

Government Expenditure and Economic Growth: Does Corruption and Democracy Matter?

2024-04-17T12:08:12+00:00

This study investigated the potential role of corruption and democracy in the expenditure-economic growth nexus. Economic literature predicts economic growth-enhancing activities of various core functions of government. However, excess government expenditure, in corrupt and undemocratic countries, may slow down the overall performance of the economy through rent-seeking activities, ineffectiveness and engaging in unproductive projects. The research objective is to analyze the role of democracy and corruption levels in the effects of government expenditure on economic growth in Kenya over the period 1990-2020. The generalized method of moments (GMM) framework was exploited to estimate the regression model. The findings indicate that government expenditure, corruption and democracy have positive and direct effects on economic growth through improvements in the efficiency of government expenditure. Besides, this study finds that corruption and democracy can have indirect negative effects on growth through deterioration of the efficiency of government expenditure. The study results suggest that government policies aimed at promoting democracy and controlling corruption can have direct positive effects on economic growth and indirect negative effects through their influence in the efficiency of government expenditure.

Predicting Petrol and Diesel Prices in Ghana, A Comparison of ARIMA and SARIMA Models

2024-04-17T12:49:55+00:00

Predicting prices is of great concern and important in the world of economics and finance. In this paper, a comparative analysis of gasoline and diesel in Ghana were analysed using Autoregressive Integrated Moving Average (ARIMA) and Seasonal Autoregressive Integrated Moving Average (SARIMA). Based on their forecasting accuracy, the best model was used for predicting future prices of gasoline and diesel from January 2024 to December 2024. A monthly data for the prices of gasoline and diesel spanning from January 2016 to December 2023 taken from the Bank of Ghana (BoG) and the National Petroleum Authority (NPA) was used for the analysis. ARIMA (0; 1; 2) and ARIMA (2; 1; 3) were identified as the best models for gasoline and diesel respectively, SARIMA(0; 1; 2) x (0; 1; 1)₁₂ and SARIMA (1; 1; 1) x (0; 1; 1)₁₂ were also identified after taking a seasonal difference of the series all based on AIC and BIC. The coefficient of the identified models were tested for its significance using the Z-test. The ARIMA and the SARIMA models were compared using RMSE, MAE, and MAPE. The SARIMA models generally performed better than the ARIMA models for both gasoline and diesel except RMSE for diesel where the ARIMA model was slightly better than the SARIMA models with values of 0:9677988 and 1:011531 respectively. The model evaluation proved that the SARIMA models for both gasoline and diesel were superior to the ARIMA and showed that, the SARIMA model is adequate and appropriate for forecasting of prices of gasoline and diesel prices in Ghana.

Does Employee Engagement Strategy Matter? An Intervention to Improve Job Embeddedness of Employees in the Private Higher Education Institutions

2024-04-18T07:08:06+00:00

Private universities face a high turnover rate. The employment issue is compounded by factors such as long working hours, heavy workloads, customer aggression, stress levels, uncomfortable work schedules, and other work-related challenges commonly faced by employees in these institutions. Addressing this employment issue involves the concepts of job embeddedness and employee engagement. This study aims to understand the factors that can enhance job embeddedness and explore the mediating role of employee engagement strategy in the relationship between work-family conflict, work overload, and job embeddedness. The study involved 205 faculty members from private universities as respondents. This study use a quantitative method and Structural Equation Modeling Partial Least Squares (SEM PLS) was used for analysis. The findings reveal that work overload and work-family conflict have a significant negative impact on both employee engagement strategy and job embeddedness. Conversely, employee engagement strategy positively influences job embeddedness. Moreover, employee engagement strategy mediates the relationship between work-family conflict, work overload, and job embeddedness.