Open Access Original Research Article

Factors Affecting Job Satisfaction: An Exploratory Analysis among Public Bank Employees in Selected Cities of Bangladesh

Nabid Aziz, Mohitul Ameen Ahmed Mustafi, Md Sajjad Hosain

Asian Journal of Economics, Business and Accounting, Page 1-22
DOI: 10.9734/ajeba/2020/v20i330324

This exploratory study aims to determine the factors affecting the overall perceived job satisfaction of the employees working at different public banks in Bangladesh. The authors carefully selected seven such factors after searching the existing literature. Those seven factors: working hour, fair competition, equal treatment, psychological support & fun, promotional opportunity, benefit package and co-working relationship were considered as the independent variables while overall job satisfaction was considered as the single dependent variable. Primary data were collected from a valid sample of 360 public sector bank employers through a structured questionnaire. Exploratory factor analysis (EFA) using SPSS (24) was utilized in order to validate the items of independent variables and structural equation modeling using AMOS (24) was utilized in order to test the hypothesized relationships between each independent variable and the dependent one. After proper statistical analysis, it was revealed that fair competition, equal treatment, promotional opportunity and working hour can positively and sufficiently influence the perceived overall job satisfaction of Bangladesh public bank employees while the other three factors, psychological stress & frustration, co-working relationship and benefit package were found to have insufficient influence over job satisfaction. The authors are well confident that this explorative study will guide the bank management in satisfying their competent employees in a more effective manner. Implications, limitations, and future directions have been also discussed in the study.

Open Access Original Research Article

Competitive Intelligence and Performance of Microfinance Banks (MFBs) in Nigeria

Fabian Chinedu Osita, Hope Ngozi Nzewi, Chigozie Chinonso Ojimba, Chimezie Ifechukwu

Asian Journal of Economics, Business and Accounting, Page 23-30
DOI: 10.9734/ajeba/2020/v20i330325

The sustainability issues faced by microfinance banks (MFBs) in Nigeria necessitated this study to examine the effect of competitive intelligence on performance of MFBs in Nigeria. The study adopted the use of survey research design. The study population was made up of 112 employees of 28 MFBs. Primary source of data collection was deployed (questionnaire) and reliability was done using Crombach Alpha with a reliability statistic of .899. Descriptive statistics (mean) and inferential statistics (regression analysis) at 5% level of significance was adopted for data analysis and test of the hypothesis respectively. The result revealed that strategic intelligence indeed had a statistically significant relationship with the performance of MFBs in Nigeria (r =.863; R-Square = .746; F = 284. p-value < 0.05). It was, therefore, concluded that the environment of business is increasingly becoming more dynamic by the day, hence, the need to keep an eye on it to stay relevant in business.

Open Access Original Research Article

Resource Development and Market Value for Non-wood Forest Products of the Banyang-Mbo Sanctuary of Nguti, Cameroon

Tem Henry Buh, Tchatat Kezeta Bili Samuel

Asian Journal of Economics, Business and Accounting, Page 39-45
DOI: 10.9734/ajeba/2020/v20i330327

The research begins with a brief history of the Banyang-Mbo Sanctuary (BMS) of Nguti, its demographic and geographic dispersion. Next, we aim to identify and analyze the various non-timber forest products, which range from plants, animals, birds and marine species.

With the aid of write-ups from the Wildlife Conservation Society (WCS) Cameroon, the spatial distribution of these products, vis-à-vis their proximity to surrounded villages is presented. Effort is equally made to know the activities of the villages and other environmental factors that affect the growth and existence of these products. Three objectives and three hypotheses were formulated to give direction to the study. Convenient and purposive sampling techniques were used in the study with the help of questionnaires for data gathering. The population of the study comprised 141 households in Nguti vicinity and a sample size of 105 respondents obtained with the use of Yaro Yamen’s formula. The statistical tools used for data analysis were frequency, mean and tables of percentages to organize the data collected. The instrument was validated by three experts and reliability justified by a coefficient. The study recommended that education on the development of non-wood forest resources should be practically oriented and existing markets should be sustained while new ones be sought for the sales of the final products.

Open Access Original Research Article

Cashless Society: The Effect of Financial Ability, Ease and Security on Behavior of the Use of Financial Technology System

Islamiah Kamil

Asian Journal of Economics, Business and Accounting, Page 46-58
DOI: 10.9734/ajeba/2020/v20i330328

This study aims to examine the factors that influence the system using Financial Technology (Fintech) by using multiple linear regression. This research was conducted in the Jakarta, Bogor, Depok, Tangerang and Bekasi areas using survey methods. This study obtained 200 respondents who had used Cashless Payment (Example: GO-PAY, GRAB-PAY, FUNDS, LINKS, TAPCASH, OVO, T-Cash, etc.). Researchers used SPSS 22 software to test research data. The results of the analysis for this model show that Financial Capability, Ease and Safety have a positive and significant effect on the Use of Financial Technology (Fintech) System.

Open Access Review Article

Cumulative Prospect Theory and Radner Theory: A Critical Assessment from Nigeria

Sunday Oseiweh Ogbeide, Peter Ehizokhale Okpamen

Asian Journal of Economics, Business and Accounting, Page 31-38
DOI: 10.9734/ajeba/2020/v20i330326

Aims: This study undertook a critical comparative assessment of cumulative prospect theory and Radner theory. The aim is to examine investors’ behavior in the financial market using these theories. The specific objectives of the study were to examine if there are similarities between the cumulative prospect theory and Radner theory; ascertain the implications of the cumulative prospect theory to financial market; find out the implications of the Radner theory to financial market; and assess the drawbacks of the cumulative prospect a’’nd Radner theories.

Methodology: The study used the desk top library research approach’’ to survey relevant extant literatures on investors’ behaviour in relation to cumulative prospect theory and Radner’’ theory in a comparative manner.

Results: Findings indicate that investors’ behaviour in investment/consu’’mption decision making is predicated on attitude to risk/uncertainty. They prefer higher return to lower risk; higher ‘’satisfaction from commitment of wealth to asset bundle under condition of general equilibrium. These behavioural dispositions have been observed and addressed in the cumulative prospect theory and Radner theory. The finding of this study is that the cumulative prospect and Radner theories serve as the barometers with which investors’ direction of investments are constantly monitored in the stock market globally.

Recommendation: This study therefore recommends that financial analysts and market participants should frequently combine the rudiments of the traditional finance and behavioural finance in analyzing investments as well as observing reactions of myriad competing investors, particularly in perfect markets or in incomplete markets.