Open Access Original Research Article

Impact of Library Service Quality on Students’ Satisfaction in Higher Educational Environments: The Case of Wollo University

Lingerew Atinkut, Yadergal Abe

Asian Journal of Economics, Business and Accounting, Page 1-6
DOI: 10.9734/ajeba/2019/v10i230100

Aims: The main aim of the study is to analyze the impact of library service quality dimensions on students’ satisfaction in higher education.

Study Design: Cross-sectional research design was applied. The explanatory research design was used to identify cause and effect relationships between library service quality dimensions and students’ satisfaction.

Place and Duration of Study: The study was conducted in wollo university, North East Ethiopia between January 2016 and September 2017.

Methodology: 366 students were selected proportionally by using simple random sampling technique after students stratified into colleges to identify their perceptions of library service quality. Close-ended structured self-completion questionnaires, adapted from the SERVQUAL instrument were used to collect data. Descriptive statistical analysis was used to describe respondents’ demographic characteristics. Correlation and multiple linear regression analysis was used to analyze the impact of each of the five dimensions of SERVQUAL on the overall satisfaction of students’ about library service with the aid of statistical package for social science ( SPSS) version 20.0.

Results: Correlation of library service quality and students’ satisfaction was 0.569, p<0.01. It was significant enough to show the correlation between the two variables. Since the correlation was positive, library service quality and student satisfaction are positively related, which means better library service quality brings higher students’ satisfaction. The coefficient of determination i.e adjusted R-square (R2) value was 0.843 representing that 84.3% of students satisfaction can be explained by the five dimensions of library service quality.

Conclusion: Correlational results indicate that there is a positive correlation between the dimensions of library service quality and students’ satisfaction. Regression tests revealed that offering quality library service has a positive impact on overall students’ satisfaction.

Open Access Original Research Article

Empirical Evaluation of Current Assets Investment and Corporate Financial Returns in Nigeria

Osirim, Monday, Moses, Temple

Asian Journal of Economics, Business and Accounting, Page 1-11
DOI: 10.9734/ajeba/2019/v10i230101

The unceasing apprehension of probable distress of commercial banks in Nigeria has raised concerns on the quality of current assets investment and management in the Nigerian banking industry. Hence, the study analyzed the impact of current assets investment & management on corporate financial returns of listed commercial banks in Nigeria. The longitudinal research design was adopted and secondary data of eight (8) banks whose annual reports were available as at the end of 2016 was randomly selected from the population of fifteen (15) listed deposit money banks in the Nigerian Stock Exchange. Ordinary least square (OLS) regression analysis was employed to determine the association between current assets investment and corporate financial returns. The results of the study indicate that there exist a significant positive relationship between loans and advances granted to customers and return on assets (r =.443, p-value =.004). This leads to the rejection of the null hypothesis, which states that loans and advances granted to customers have no positive influence on return on assets. The relationship between loans and advances granted to other banks and return on assets is negative and significant at 5% confidence level (r = .369, p-value =.019).This leads to the non-rejection of the null hypothesis, which states that loans and advances granted to other banks have no positive impact on returns on assets. The other predictor variables (financial assets held for trading & cash, and cash balances) have an insignificant positive relationships with return on assets. It was therefore recommended that bank managers should not only increase their investment in current assets but they should also consider the most effective and efficient way of managing these assets in order to improve their financial efficiency and corporate value. To this end, the conservative or aggressive current assets investments policy might be pursued depending on the strategic focus of the firm.

Open Access Original Research Article

On Agricultural Performance amidst Macroeconomic Instability in Nigeria; Autoregressive Distributed Lagged Modelling (2010Q1-2017Q4)

Tuaneh, Lebari Godwin, Okidim, Andrew Iboh

Asian Journal of Economics, Business and Accounting, Page 1-13
DOI: 10.9734/ajeba/2019/v10i230102

The interaction among macroeconomic indicators causes shock among themselves and by extension shocks on other macroeconomic variables including agricultural performance. This study investigated agricultural performance amidst macroeconomic instability in Nigeria. Data on the study variables spanning from first quarter of 2010 to the fourth quarter of 2017 was sourced from the Statistical Bulletin of the Central Bank of Nigeria. Diagnostic checks revealed that the variables were integrated of order I(0) and I(1) hence the used of the Autoregressive Distributed Lagged model The cointegration bounds test indicated a long run cointegration consequently the  ECM which results showed a correct sign, significant effect and 40.1% speed of adjustment. Empirical, results also indicated that; 91.3% variation in agricultural sector performance was explained by the adopted explanatory variables of the parsimonious model (R2 =0.913). Particularly, changes in the fourth lag of agricultural sector performance, current period exchange rate, the first, second and third lag of exchange rate were significant determinant of agricultural performance within the period under review.

Open Access Original Research Article

Determinants of Micro and Small Enterprises Transformation in to Medium Level Industry in Addis Ababa, Ethiopia

Abe Yadergal, Atinkut Lingerew, Ambaw Getenet

Asian Journal of Economics, Business and Accounting, Page 1-22
DOI: 10.9734/ajeba/2019/v10i230104

Micro and small enterprises are means for most countries economy by creating employment opportunity and supporting large manufacturing companies in the economy. The results of most research studies revealed that most micro and small enterprises in developing countries especially in Ethiopia have several problems for transformation and growth due to diverse factors. Thus, this research assesses determinants of micro and small enterprises transformation in to medium level industry in Addis Ababa. 74 transformed micro and small enterprises in 10 sub cities were taken as sample size. The objective of this study was to identify causes of micro and small enterprises transformation in to medium level industry in Addis Ababa, Ethiopia.

The study employed explanatory research design more of quantitative in nature and Data were collected pre designed person assisted questionnaire. The study was used micro and small enterprises transformation measured by the enterprises employment growth and capital growth as dependent variables. Independent variables are Finance access, Management know-how, Market access for their product, Poor infrastructure, Technology, Support micro and small enterprises get, Adequate accounting and record keeping and government rules and regulations.

The results provided evidence with correlation coefficients of finance (37.7%), management know-how (27.6%), market access (32.9%), infrastructure (15.2%), technology (40.3%) and accounting and recordkeeping (28.1%) in respect to average capital growth. This indicated that relatively there were strong association of finance access, market access and technology with average capital growth in contrast with management know-how, infrastructure, and accounting and record keeping.

Open Access Original Research Article

Modeling Exchange Rate and Nigerian Deposit Money Market Dynamics Using Trivariate form of Multivariate GARCH Model

Deebom, Zorle Dum, Tuaneh, Godwin Lebari

Asian Journal of Economics, Business and Accounting, Page 1-18
DOI: 10.9734/ajeba/2019/v10i230103

The risks associated with exchange rate and money market indicators have drawn the attentions of econometricians, researchers, statisticians, and even investors in deposit money banks in Nigeria. The study targeted at modeling exchange rate and Nigerian deposit banks money market dynamics using trivariate form of multivariate GARCH model. Data for the period spanning from 1991 to 2017 on exchange rate (Naira/Dollar) and money market indicators (Maximum and prime lending rate) were sourced for from the central bank of Nigeria (CBN) online statistical database. The study specifically investigated; the dynamics of the variance and covariance of volatility returns between exchange rate and money market indicators in Nigeria were examine whether there exist a linkage in terms of returns and volatility transmission between exchange rate and money market indicators in Nigeria and compared the difference in Multivariate BEKK GARCH considering restrictive indefinite under the assumption of normality and that of student’s –t error distribution.  Preliminary time series checks were done on the data and the results revealed the present of volatility clustering. Results reveal the estimate of the maximum lag for exchange rate and money market indicators were 4 respectively. Also, the results confirmed that there were two co-integrating equations in the relationship between the returns on exchange rate and money market indicators.  The results of the diagonal MGARCH –BEKK estimation  confirmed  that diagonal MGARCH –BEKK in students’-t was  the best fitted and an appropriate model for modeling exchange rate and Nigerian deposit money market dynamics using trivariate form of multivariate GARCH model. Also, the study confirmed presence of two directional volatility spillovers between the two sets of variables.