Asian Journal of Economics, Business and Accounting 2021-09-21T03:42:28+00:00 Asian Journal of Economics, Business and Accounting Open Journal Systems <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> The Association between Corporate Social Responsibility Disclosure and Tax Avoidance: Evidence from Philippine 2021-09-15T03:33:32+00:00 Eko Budi Santoso Kazia Laturette Stanislaus Adnanto Mastan <p>This study investigates the association between corporate social responsibility disclosure and tax avoidance as allocations of corporate resources to the stakeholders, other than the shareholders. The study aims to examine whether companies that are actively disclosing their social responsibility are also behaving ethically in their financial aspect. Specifically, this study investigates whether companies with good social responsibility will also behave responsibly in their taxation aspect by reducing tax avoidance practices. The study is conducted in a developing country, namely the Philippines, where the sample group is obtained from go-public companies listed on the Philippine stock exchange during the 2014-2019 period that published sustainability reports. The results show there is a negative association between corporate social responsibility disclosure with tax avoidance. This shows that corporate tax practice is part of social responsibility actions.</p> 2021-09-11T10:07:59+00:00 ##submission.copyrightStatement## Organisational Learning Strategies and Employee Performance in Water and Sewerage Companies: Empirical from Nairobi City County, Kenya 2021-09-17T02:52:43+00:00 Antony Mwangi Irungu Rosemarie Wanyoike <p>Despite organisational learning strategies being focal in enabling employee’s development, Nairobi City Water and Sewerage Company is unable to employ organisational learning strategies for sustainable employee performance. Owing to the failures in addressing these concerns. this research accessed the manner in which organisational learning strategies related to employee performance in this company. The objectives of the research were to specifically establish the effect of; acquiring information, distributing information, interpreting information, behavioural and cognitive changes on the performance of public water utilities in Kenya. In its methodology, the research espoused descriptive research design as it used 374 senior officers of Nairobi City Water and Sewerage Company as its target population. The sample size drawn from this population was 112 respondents; accounting for 30% of the entire population. The research sought data from primary sources, which was collected through administration of structured questionnaire. Quantitative approach was employed in analysis to obtain descriptive statistics as well as inferential statistics. The inferential statistics were for testing existence of relationship and for predicting a study model. The study found that at 5% significance level, acquiring information there is a strongly positively significant effect on employee performance at Nairobi City Water and Sewerage Company, distributing information has a low significant negative effect on employee performance at Nairobi City Water and Sewerage Company, practising interpreting information at Nairobi City Water and Sewerage Company has a strong significant positive influence on its performance of employees, and behavioural and cognitive changes strongly significantly and positively affect performance of employee at Nairobi City Water and Sewerage Company. The study suggested new organizational learning approaches for implementation by Nairobi City Water and Sewerage Company to improve their employee efficiency and hence enhance their performance.</p> 2021-09-14T00:00:00+00:00 ##submission.copyrightStatement## Working Capital Management Issues in Educational Sector: A Case Study of a Private Campus in Sri Lanka 2021-09-20T02:46:19+00:00 Kaushika Gamage Vilani Sachitra <p>Business organizations try to maintain financial sustainability in the long run and ultimately try to maximize shareholders’ wealth. It has been argued that financial constraints in short term are a major barrier to the firms’ long term financial success. Working capital has seen as the basic factor that affect firm’s ability to continue their day-to-day business operations with financial stability. This case study mainly focuses on examining the reasons for working capital management issues faced by the Campus and the relationship between working capital and firm’s financial performance. This study is mainly focusing on working capital problems faced by a private Campus that operates in Sri Lankan educational sector. Required qualitative data gathered through semi-structured face to face interviews with financial experts and the quantitative data gathered using annual financial statements for last six years. Panel data regression was performed to identify the relationship between working capital management and financial performance. Qualitative data was analyzed using content and thematic analysis. Based on the regression results, average collection period, average payment period and cash conversion cycle have significant relationship over return on assets and net profit margin of the Campus. Five major themes were recognized in the thematic analysis which contained distinct subthemes. As the existing research articles lack the working capital management issues faced by the organizations in private education industry, this can be considered as an opportunity to perform an empirical study on working capital management issues faced by a private campus.</p> 2021-09-16T00:00:00+00:00 ##submission.copyrightStatement## Investment and its Impact on Realized Revenues: The Case of the Investment Fund in the Hashemite Kingdom of Jordan 2021-09-20T02:33:11+00:00 Amer Abdelwali Almomani Khalid Faris Alomari <p><strong>Aims: </strong>The study attempted to identify the volume of revenues generated from the investment process in investment funds in the Hashemite Kingdom of Jordan.</p> <p><strong>Study Design:</strong> a quantitative research</p> <p><strong>Place and Duration of Study:</strong> Jordan Social Security Investment Fund, between May - September 2020</p> <p><strong>Methodology:</strong> The study used panel data obtained from the published reports of the Social Security Corporation</p> <p><strong>Results:</strong> The study concluded that there is a positive effect in the different portfolios on the volume of revenues generated by the investment process.</p> <p><strong>Conclusion:</strong> This paper presents the conclusions through the results about the extent of the impact on the volume of revenues related to the investment process in investment funds, as it showed that the relevant impact on the tourism investment portfolio, the bond portfolio and the money market instruments portfolio has a positive impact. Effect. On the size of the volume of revenues derived from it, and in light of this, the study showed that investing in the bond portfolio generates a greater return than the tourism governorate as a result of the surrounding political turmoil in the Hashemite Kingdom of Jordan, and the instability in Syria and Iraq was most prominent, with the decrease in the external marketing of these investments.</p> <p>There must be diversification and research in other economic areas that contribute to increasing the volume of the fund's revenues, in governmental coordination through which a tax advantage can be achieved that contributes to reducing costs and increasing revenue generation.</p> 2021-09-17T00:00:00+00:00 ##submission.copyrightStatement## Java Philosophy in Internal Control (Study on the Berkarya Foundation in Paiton) 2021-09-21T03:22:45+00:00 Maharani Wahyuningtiyas Agung Budi Sulistiyo Muhammad Miqdad <p>This study wants to explore in-depth Internal Control in Javanese Philosophy at the Berkarya Paiton Foundation, and to be contemplation for all of us so that we always remember the messages of our ancestors which are our provisions in living a noble life. With the spiritual-religious paradigm, the researcher uses a case study research design. The results of the study show that the Berkarya foundation implements its family and cultural system so that the concept of internal control is applied by the family of the foundation was: <em>Berbudi bawa leksana, aja dumeh</em> which emphasized simplicity, and <em>setya wacana</em>. It is common knowledge for all of us that simplicity is an attitude of Javanese life.</p> 2021-09-18T00:00:00+00:00 ##submission.copyrightStatement## The Influence of Service Quality on Customer Satisfaction and Loyalty at Pyramid Suites Hotel Banjarmasin 2021-09-21T03:42:28+00:00 Iyut Fairuz Muhammad Maladi Ibrahim Daud <p><strong>Aims:</strong> This study aims to analyse and describe how much influence of service quality has on customer satisfaction and loyalty.</p> <p><strong>Study Design</strong><strong>:</strong> This type of research is quantitative, with a conclusive causal approach, research that aims to obtain a conclusion from the data that obtained and processed which explains the causal relationship between the variables.</p> <p><strong>Place and Duration of Study:</strong> the study was conducted at Pyramid Suites Hotel Banjarmasin,&nbsp; started in September 2020 until July 2021.</p> <p><strong>Methodology</strong><strong>:</strong> The population in this study are guests of Hotel Pyramid Suites who stay more than three times. The research sample was 100 respondents. The data collection technique used a questionnaire which was then used as a score tabulation for each variable studied. The data analysis method used in this study is Smart PLS 3.</p> <p><strong>Results</strong><strong>:</strong> Tangible has a negative effect on customer satisfaction of -0.411, then the t-statistic value is 2.930, this value &gt; t-table of 1.96 and the P value is 0.004 which is smaller than 0.05. Reliability has a positive effect on customer satisfaction of&nbsp; 0.563, then the t-statistical value is 2.679 and the P value is 0.008.&nbsp; Responsiveness has a positive influence on customer satisfaction of&nbsp; 0.280, then the t-statistic value is 2.012, this value is &gt; 1.96 and the P value is 0.045. Assurance has a positive effect on customer satisfaction of 0.184, then the t-statistic value is 2.684, the P value is 0.008. Empathy has a positive influence on customer satisfaction of 0.337, then the t-statistic value is 3.084, the P value is 0.002.&nbsp; Customer satisfaction has a positive influence on customer loyalty of 0.802, then the t-statistic value is 18.260, and the P value is 0.000.</p> <p><strong>Conclusion</strong><strong>:</strong> The results show that service quality which consist of tangible, reliability, responsiveness, assurance, empathy affect customer satisfaction and customer satisfaction affects customer loyalty</p> 2021-09-18T00:00:00+00:00 ##submission.copyrightStatement##