Asian Journal of Economics, Business and Accounting http://journalajeba.com/index.php/AJEBA <p style="text-align: justify;"><strong>Asian Journal of Economics, Business and Accounting (ISSN: 2456-639X)</strong> aims to publish high quality papers (<a href="/index.php/AJEBA/general-guideline-for-authors">Click here for Types of paper</a>) in all areas of ‘Economics, Business, Finance and Accounting’. This journal facilitates the research and wishes to publish papers as long as they are technically correct, scientifically motivated.</p> en-US contact@journalajeba.com (Asian Journal of Economics, Business and Accounting) contact@journalajeba.com (Asian Journal of Economics, Business and Accounting) Sat, 08 Feb 2020 09:19:56 +0000 OJS 3.1.1.4 http://blogs.law.harvard.edu/tech/rss 60 Insurance Sector Development and Foreign Direct Investment in Nigeria http://journalajeba.com/index.php/AJEBA/article/view/30183 <p><strong>Aims: </strong>The study examined the impact of insurance sector development on foreign direct investment in Nigeria.</p> <p><strong>Study Design:</strong> The ex-post facto research design was employed to observe the study components in retrospect. Secondary data spanning 1996 to 2017 was sourced and collated from the World Development Indicators, Central Bank of Nigeria statistical bulletin and National Insurance Commission annual balance sheets.</p> <p><strong>Place and Duration of Study:</strong> Department of Banking and Finance, Niger Delta University, Wilberforce Island, Bayelsa State, Nigeria. The study was carried out between November 2019 to January 2020.</p> <p><strong>Methodology:</strong> The ex-post facto research design was employed to observe the study components in retrospect. Secondary data spanning 1996 to 2017 was sourced and collated from the World Development Indicators, Central Bank of Nigeria statistical bulletin and National Insurance Commission annual balance sheets. The time series data was estimated using the least square technique.</p> <p><strong>Results: </strong>The results indicates that; the total asset size of the insurance sector exerts a negative and statistically insignificant impact on foreign direct investment inflow to Nigeria, total insurance business investment exerts a positive and statistically insignificant impact on foreign direct investment inflow to Nigeria and finally, total insurance premium exerts a negative and statistically significant impact on foreign direct investment inflow to Nigeria.</p> <p><strong>Conclusion: </strong>The study concludes that insurance sector development does not attract foreign investment inflow to Nigeria. The study recommends that the insurance sector should be revamped in order to absorb risk and uncertainty and be a vehicle for risk transfer and minimization. A policy of restructuring would help instil public confidence, boost insurance policy sales, increase insurance premium and invariably increase the availability of investible funds to boost economic activity. The study suggests that these would help attract foreign direct investment to meet domestic funding needs of Nigeria.</p> Gbalam Peter Eze, Ekokeme, Tamaroukro Timipere ##submission.copyrightStatement## http://journalajeba.com/index.php/AJEBA/article/view/30183 Mon, 17 Feb 2020 00:00:00 +0000 Strategic Thinking in Resource Diversification: Assessing the Value of Nuclear Energy in Turkey http://journalajeba.com/index.php/AJEBA/article/view/30184 <p>Turkey is an energy dependent country with more than 75 percent of its energy being imported from foreign countries. The level of dependency is increasing every year because of the rising energy needs and the lack of national production. Among all forms of energy, increase in demand for electricity is the highest. At a time that some countries are announcing their decision to phase out nuclear power plants (NPPs) in favor of renewable energy sources, Turkey appears to be determined to proceed with its decision to acquire nuclear technology despite safety concerns. A country that has seen domestic opposition towards nuclear energy has already made significant progress towards acquiring one. This article uses a policy analysis framework to assess the value of nuclear energy in Turkey from an energy security perspective. It argues that energy security for Turkey can be dealt with thoroughly when the problem of resource diversification is addressed from a comprehensive perspective. Pros and cons of having NPPs in Turkey will be analyzed through energy security parameters vis-a-vis the urgent need for resource diversification.</p> Nurettin Altundeğer ##submission.copyrightStatement## http://journalajeba.com/index.php/AJEBA/article/view/30184 Tue, 18 Feb 2020 00:00:00 +0000 Empirical Analysis of Household Food Consumption Pattern in Fata Region of Pakistan http://journalajeba.com/index.php/AJEBA/article/view/30181 <p>Fata region has diverse characteristics of income and consumption than the other regions of Pakistan but no study is available in literature which address the household consumption in Fata region. To feel this gap, the study examines the impact of socioeconomic and demographic factors on household’s monthly expenditure on food items in FATA region of Pakistan in 2017. Regression analysis revealed that monthly income of household head, household size, education, experience, and region significantly determined the expenditure on food commodities. Income elasticity of less than unity (0.37&lt;1) confirmed that food commodities are necessities and supported the Engel law. Household size has positively influenced the monthly expenditure on food commodities while education and experience have negatively influenced the food expenditure of households. Empirical results also confirmed that households in Kurrum agency spend less on food commodities as compared to Khyber agency households.</p> Muhammad Haroon Shah, Sami Ullah, Kalim Ullah, Muhammad Tahir Amin ##submission.copyrightStatement## http://journalajeba.com/index.php/AJEBA/article/view/30181 Sat, 08 Feb 2020 00:00:00 +0000 Real Earnings Management and Dividend Payout among Non-financial Institutions in Nigeria http://journalajeba.com/index.php/AJEBA/article/view/30185 <p><strong>Aims: </strong>This study seeks to evaluate the consequences of real earnings management and dividend payout among non-financial institutions in Nigeria.</p> <p><strong>Study Design: </strong>The study adopted Descriptive and ex-post facto research design.</p> <p><strong>Place and Duration of Study:</strong> Department of Banking and Finance, Niger Delta University, Wilberforce Island, Bayelsa State, Nigeria. The study was carried out between October 2019 and January 2020.</p> <p><strong>Methodology: </strong>To this end, we made use of Descriptive and ex-post research design, secondary data set, collected from thirty five quoted non-financial institutions for the period 2015 and 2018 financial period. The data were analyzed using Descriptive Statistics, Correlation Matrix.</p> <p><strong>Results: </strong>Our findings align with the agency theory which suggests that despite the fact that corporate contracting is primarily designed to align incentives between principals and agents, agency concerns are still created as a result of incompleteness and rigidities in binding of contracts, which lead to manipulation of the reporting process consequently altering shareholders returns in form of dividend payout.</p> <p><strong>Conclusion: </strong>Specifically, we find that real earnings management is been modulated through expenses. The variables of abnormal production and cash flow from operations show no significant effect on dividend payout with respect to the institutions and period under review.</p> Peter E. Ayunku, Ekokeme, Tamaroukro Timipere ##submission.copyrightStatement## http://journalajeba.com/index.php/AJEBA/article/view/30185 Thu, 20 Feb 2020 00:00:00 +0000 Role of Functional Conflict on Employee Engagement through Effective Negotiation in Banking Sector of Hyderabad Sindh, Pakistan http://journalajeba.com/index.php/AJEBA/article/view/30182 <p><strong>Aims:</strong> Conflict is an inevitable part of human life; however, the functional conflict is considered positive in professional life as it encourages competition and enhances employee performance due to employee engagement. Conflict in the workplace can take place in any forms but the major conflict studied in this paper is task conflict and relationship conflict. This research aims to evaluate the role of task conflict and relationship conflict towards negotiation as an intervening variable, leading towards employee engagement in the banking sector of Hyderabad.</p> <p><strong>Study Design/ Methodology:</strong> This paper is based on quantitative research in which a deductive tactic is adopted. A structured questionnaire was used to gather data by using a single (mono-method) technique. 152 respondents participated in the survey from the banking sector of Hyderabad out of which 140 valid cases were taken for this research. To test and analyze the data; statistical tests and descriptive analyses were done using SPSS software.</p> <p><strong>Results:</strong> The outcome of the research revealed that task conflict is not the strong predictor of intervening variable i.e. negotiation whereas, relationship conflict is a strong predictor of negotiation and can influence employee engagement.</p> <p><strong>Conclusion:</strong> To test the relationship between independent variables (IV) i:e (task conflict and relationship conflict) and dependent variable (DV) (employee engagement) through intervening variable i:e negotiation. Although this research considered two independent variables one of the variables in this study is found to have negative relation i:e Task Conflict (TC) whereas, relationship conflict is considered positive and is a strong predictor of intervening variable i:e negotiation which has an effect on employee engagement. Finding from this research helps identify the relationship between variables and contributes well to the research objectives.</p> Amir Ali Khushk ##submission.copyrightStatement## http://journalajeba.com/index.php/AJEBA/article/view/30182 Wed, 12 Feb 2020 00:00:00 +0000