Open Access Short Research Article

Financial Risk and Profitability: Evidence from Liquidity Risk Exposure, Long-Term and Short-Term Liquidity Risk

A. Kolawole Adegoke, O. Yusuf Oyedeko

Asian Journal of Economics, Business and Accounting, Page 1-8
DOI: 10.9734/AJEBA/2018/40148

The study examines the effect of liquidity risk exposure, long-term and short-term liquidity risk on the profitability of Deposit Money Banks. Expos-facto research design was used for the study. The study employed secondary data, sourced from the audited financial reports of the banks within the period of the study spanning from 2007 to 2016. The data were analyzed through panel data regression analysis. The study found that liquidity risk exposure has negative and insignificant effect on profitability of Deposit Money Banks. The study concluded that both short-term and long-term liquidity risk have positive effect on the profitability of deposit money banks. In view of this, the study recommends that the management of Deposit Money Banks should maintain short, medium and long-term cash forecasts in order to forestall problem of illiquidity and reduce liquidity risk.

Open Access Original Research Article

Impact of Health Service Quality on Patient Loyalty at King Khalid University Hospital in Riyadh, Saudi Arabia

Nour El Houda Ben Amor, Dorra Talbi, Amal N. Almubrad

Asian Journal of Economics, Business and Accounting, Page 1-11
DOI: 10.9734/AJEBA/2018/39993

Aims: Severe competition exists among the medical service providers at Saudi Arabia. The competition has propelled hospitals to look beyond the idea of providing just a service and has oriented them to consider the customer loyalty, which stems out of service quality, as an important competitiveness factor. Large-sized hospitals can demonstrate successful performance when they satisfy the quality of medical services expected by patients. This paper investigates the influence of medical services quality on the extent of patient loyalty.

Methodology: For the purpose of this research, an empirical investigation was conducted nearby 293 patients of King Khalid University Hospital, within the period from 01-03-2016 until 30-04-2016. A questionnaire was designed as an instrument to collect the data. Hypotheses were tested using a Multiple Regression Analysis with SPSS.

Results: Findings showed that medical service quality affects positively patient loyalty, especially the service tangibility dimension perceived as the most significant by patients. 

Conclusion: Based on the results of this study, marketing implications have been formulated for large-sized hospitals to offer patients effective medical services. A continually improvement of tangible aspect of healthcare services is important but not sufficient, it should be supported by an implementation of a marketing information system to enhance healthcare services quality at lower cost.

Open Access Original Research Article

Peer Learning Strategy and Students’ Academic Achievement in Economics in Imo State

Nmonwu Lucky Paul, Chimezie Amanze, Chukwu Immaculata, A. U. Obinna-Akakuru

Asian Journal of Economics, Business and Accounting, Page 1-7
DOI: 10.9734/AJEBA/2018/39490

This study examined the effect of Peer Learning Strategy on students’ academic achievement in Economics in Imo State. It has been observed that there has been a decline in the academic achievement of students in Economics, especially in Imo State. Scholars attribute this recent development to the use of wrong pedagogy in the classroom. The researcher, therefore, wonders if improvement of classroom instructional method through the use of Peer Learning Strategy will stimulate and also improve students’ academic achievement in Economics. Quasi-experimental, Pretest-posttest design was used for the study. The population of the study consisted of all the senior secondary school II (SS2) students from all the public secondary school in Imo state. The sample of the study comprised of eighty (80) SS2 students drawn from two public schools within the population. Purposive sampling techniques were used to select the schools while random sampling technique was used to assign the school to experimental groups. Intact classes were used for the study in the sample schools. The instrument for data collection was a teacher-made Economics Achievement Test (EAT) and Economics Instructional Package (EIP).  The validity of the instrument was established by two experts in Measurement and Evaluation, one Economics teacher and two Educational Psychologists who fine-tuned them, and after the correction, declared them fit for administration. The instrument had reliability coefficient of 0.75, established using the Pearson’s Product moment correlation. Descriptive statistics (mean and standard deviation) were used to answer the two research questions, while the Analysis of Variance (ANOVA) was used to test the two hypotheses at 0.05 level of significance. Findings indicated that Peer Learning Strategy improved student’s achievement in Economics. Based on the findings, some recommendations were made which includes that Peer Learning Strategy should be encouraged in the classroom so that the bright students who may be fast in understanding classroom instructions might help others to comprehend quicker. Also, Government should sponsor teachers for workshops and training towards using Peer Learning Strategy to improve students’ achievement in Economics.

Open Access Original Research Article

The Impact of Perceived Organizational Support on Job Satisfaction of Academic Staff

N. Thevanes, Y. Saranraj

Asian Journal of Economics, Business and Accounting, Page 1-8
DOI: 10.9734/AJEBA/2018/39809

An empirical knowledge gap has been observed regarding the relationship between perceived organizational support and job satisfaction of academic staff in Eastern University, Sri Lanka. Therefore, in order to fill this empirical knowledge gap, this study was carried out with the objectives of finding out the levels of perceived organizational support and job satisfaction, explores the relationship between perceived organizational support and job satisfaction and explores the impact of perceived organization support on job satisfaction of academic staff in Eastern University, Sri Lanka. The data of this study have been collected from 141 academic staff in Eastern University, Sri Lanka through the structured questionnaire. The disproportionate stratified sampling method was used. The data were analysed with univariate and bivariate analyses using SPSS 19.0.

The findings of the study suggested that there is a high level of perceived organizational support provided to the academic staff by the university and academic staff of the university highly satisfied with their job. And also findings of the study stated that there is a strong positive relationship between perceived organizational support and job satisfaction. This study suggested that perceived organizational support of the organization can improve employees’ job satisfaction.

Open Access Original Research Article

Ant Colony Optimization for Storage Recombination Problem

Chia-Hui Cheng, Shih-Ming Pi, Kuo-Chen Li

Asian Journal of Economics, Business and Accounting, Page 1-8
DOI: 10.9734/AJEBA/2018/40350

In a company, warehousing accounts for 20% of the operating costs and picking operations account for 50% of storage costs. Therefore, storage through the reorganization can be effectively reused these spaces, thereby affecting the follow-up operation of the warehouse staff picking                   operation time. In this study, after the rearrangement of storage spaces, the optimal spatial applications are sorted out. By constructing the mathematical programming model of problems                 and using the ant algorithm to solve the storage and the reconstruction path problem. Within a reasonable range of costs, a systematic solution method is developed to solve the "minimizing                the moving distance" and find the optimal path by applying the mathematical model of the                 distance of storage and reorganization moving. There are two stages in this study, the first phase              is based on the existing data, to calculate the ratio and the distance of the storage space,              according to the calculation and reconstruction of storage after the reorganization of data to               make an adjustment of the storage area of ​​all storage status of the empty state of storage increased in the second stage, the storage location that needs to be stored and rebuilt is solved by the ant algorithm to find the shortest path. The simulation results suggest that this method is compared             with the existing storage location reorganization mode. After the algorithm is actuated to (1) The method can increase the number of storage spaces and (2) the storage and reconstruction of the shorter moving distance and the results of this study can provide some reference for the warehouse staff.