Open Access Case study

Factors Affecting the Earning Response Coefficient with Real Activities Earning Management as Moderator: Evidence from Indonesia Stock Exchange

Aminullah Assagaf, Etty Murwaningsari, Juniati Gunawan, Sekar Mayangsari

Asian Journal of Economics, Business and Accounting, Page 1-14
DOI: 10.9734/ajeba/2019/v11i230124

This study aims to explain the phenomenon of the most active companies traded shares in Indonesian stock exchange. This research is motivated to analyze the response of investors to take a decision after presenting the company's financial statements. This study uses panel data consisting of 20 companies selected by purposive sampling method, using a regression model and data processing via SPSS 24. The results of this study found that the variable leverage and capital expenditure variables significantly influence the response of investors to execute the company's stock, thereby affecting the stock return. The level of leverage and significant positive effect on the response of investors, particularly due to the use of debt to investment would increase earnings per share or at a certain amount of equity can boost earnings per share acquisition. Capital expenditure and significant negative effect on the response of investors for investor tend to speculate on short-term period, which means that companies that invest in the early stages will have difficulties liquidity and rate of return will decline, so investors will shift their investment.

Open Access Original Research Article

International Financial Reporting Standard (IFRS) Adoption and Foreign Direct Investments (FDI): A Comparative Analysis of Nigeria and Ghana

A. T. Ajibade, W. Okere, M. A. Isiaka, O. Mabinuori

Asian Journal of Economics, Business and Accounting, Page 1-10
DOI: 10.9734/ajeba/2019/v11i230122

This study examined the relationship between IFRS adoption and FDI in Nigeria and Ghana. Using ordinary least square as well as other diagnostic test, findings show a negative but insignificant relationship between IFRS adoption and FDI in Nigeria. Also, it was discovered that IFRS adoption has a positive and significant relationship in Ghana. Findings also show that IFRS adoption alone would not lead to FDI inflows and FDI is affected by other factors such as exchange rate, inflation and political instability. The study recommends that Effective execution of IFRS requires strategic planning and IFRS ought to be linked to an objective for it to have a beneficial outcome.

Open Access Original Research Article

Marketing Analysis of Garri Products in Ankpa Local Government Area of Kogi State

Nurudeen Yakubu Zakariya, Abdul Sado Yakubu, Momoh I. Yalo

Asian Journal of Economics, Business and Accounting, Page 1-7
DOI: 10.9734/ajeba/2019/v11i230123

In Nigeria, the marketing of agricultural produce is far from being efficient. Unpredictable fluctuation in the prices of various foodstuffs like Gari has become a common feature of the nation’s economy. The situation is such that the consumers of agricultural foodstuff pay exorbitant prices while the producers receive relatively low prices. This research focused on the economics of Gari Marketing Enterprise in Ankpa Local Government Area of Kogi State, Nigeria. Ankpa Local Government Area consists of 5 districts out of which 3 were sampled and used for the study. 6 wholesalers and 6 retailers were sampled from each village making a total of 120 respondents. Responses from 100 respondents made up of 40 wholesalers and 60 retailers. Profitability analysis model was used in data analysis. Finding shows that Marketing of Gari was found to be profitable at the whole sale. This study recommend that marketers should form cooperative societies to enable them handle some of the marketing activities as well as establish Gari processing mills silos to reduce costs.

Open Access Original Research Article

The Strenghtening of Social Entrepreneurship within the Women Cadre Group of Posyandu (Maternal and Child Health Services) in Medan City

Ritha Fatimah Dalimunthe

Asian Journal of Economics, Business and Accounting, Page 1-7
DOI: 10.9734/ajeba/2019/v11i230125

Women as part of human resources in one area most of the time are unemployed due to the lack of confidence and ability in solving problems which eventually lead them to the poverty. Therefore, women empowering in social entrepreneurship is one of the alternatives to alleviate unemployment. Social entrepreneurship opens new employment and it has role to decrease the unemployment in community including the volunteer members of Posyandu (maternal and child health services) whose role only as volunteer cadre in Posyandu (the maternal and child health services). Social entrepreneurship can be executed within the activities of the society which aims and is expected to create self-efficacy or confidence and to become the agent of change especially in the economy sector which can also generate income. Therefore, the entrepreneurships principles are the important foundation for the entrepreneurs to run a smooth business. The women cadre group in Posyandu (maternal and child health services) (n=30) are the potential entrepreneurs whom expected to be the entrepreneurs besides doing their volunteer activities in the health service. This research utilized combination approach between quantitative and qualitative, where the quantitative approach used survey method followed by the qualitative approach with the collection of in-depth interview the object of this research is the women cadre group in Posyandu (maternal and child health services) in Medan city. The data was taken from direct interview to the respondents with the assistance of the questionnaire. The result of the research shows that self-efficacy, family environment and social media altogether significantly influence the interest to become entrepreneurs.

Open Access Original Research Article

Effect of Compensation Package on Staff Intention to Quit in Technical University: A Structural Equation Approach

Daniel Agyapong, Michael Asiamah, Elorm Akusika Cudjoe

Asian Journal of Economics, Business and Accounting, Page 1-13
DOI: 10.9734/ajeba/2019/v11i230126

The paper analyses the compensation-intention to quit relationship in one of the technical universities in Ghana. Employing a descriptive survey design, data on the variables are collected using one hundred self-administered valid questionnaires. Data collected were analysed by means of structural equation modelling. The results show there is no significant relationship between intentions to quit and salary, incentives, allowance and fringe benefits. However, there was an inverse relationship between the dependent variable and the predictors. The result implies managers of such institutions do not focus only on monetary, but non-monetary rewards packages drawing their compensation plan. This study provides avenues for reviewing compensation packages of technical universities in order to motivate its employees to help prevent high labour turnover. The paper is among the few that employs the structural equation modelling in its analysis.