Open Access Opinion Article

The Basic Principles for Achieving Success through Accurate Financial Analysis and Management Automation of the Organization

Sargis Galstyan, Karlos Margaryan

Asian Journal of Economics, Business and Accounting, Page 36-42
DOI: 10.9734/ajeba/2021/v21i2030509

This article is a scientific research, where are highlighted such issues as effective management and control of the financial resources. Taking as a basis international experience and own approaches, we offer some solutions, which can significantly contribute to the improvement of the business processes within an organization. In particular, giving businesses the right to operate more freely by reducing administrative impact, and automating various processes within the organization will enable the transition from resource-intensive management to resource-saving management, which in the long run will improve organization’s competitiveness in both domestic and foreign markets. In this article the authors also refer to the system of cost normalizations within The Eurasian Economic Union (EAEU) member states, revealing the gaps in some legislative acts and provisions, and suggesting the use of alternative mechanisms.

Open Access Original Research Article

The Determinant of Student Decision to Continue Their Study on Postgraduate Sharia Economic Study Program of Uin Alauddin Makassar

Siradjuddin ., Abdul Wahid Haddade, Widyantono Arif, Imaniar N. Fajriani, Juanda Zulqadri

Asian Journal of Economics, Business and Accounting, Page 1-13
DOI: 10.9734/ajeba/2021/v21i2030507

This research aims to examine and partially and simultaneously the effects of (1) socialization, (2) study program accreditation, (3) tuition fees, and (4) job opportunities for students' decisions to continue their education on Postgraduate Sharia Economic Study Program of UIN Alauddin Makassar. This research is an ex-post facto research that examines causal associative relationships with a quantitative approach. The sampling technique is done by proportional random sampling. Techniques of analysis and processing of research data using multiple linear regression  analysis. The results show that socialization partially does not have an effect, study program accreditation has a positive and significant effect, tuition fees has a positive and significant effect, and job opportunities do not have an effect, and simultaneously socialization, accreditation, tuition fees, and job opportunities have effect on students' decisions to continue their education in the Postgraduate Sharia Economic Study Program of UIN Alauddin Makassar. It indicates    that the all factors in this study can be determined as the factors for the students to choose Postgraduate Sharia Economic Study Program in UIN Alauddin Makassar; thus, in order to increase the decisions of other students, the university needs to increase aspects that this research has been conducted. The recommendation for future researchers is conducting research with other variables to know other reasons and aspects of students to continue their study at Postgraduate Sharia Economic Study Program of UIN Alauddin Makassar.

Open Access Original Research Article

The Relationship of Economic Growth and Foreign Direct Investment on Financial Development: Empirical Evidence from Palestine

Nemer Badwan

Asian Journal of Economics, Business and Accounting, Page 14-35
DOI: 10.9734/ajeba/2021/v21i2030508

Purpose: The purpose of this research is to investigate the impact and current link between economic growth and foreign direct investment (FDI) on financial development in Palestine, as well as the role of financial development in influencing this relationship.

Design/Methodology/Approach: The logical reasoning approach associated with quantitative research was applied in this study, which was backed up by experience and positivism as philosophical viewpoints. Data on economic growth indicators, foreign direct investment (FDI), financial development, and other control variables were also used, spanning the years (1998 to 2019). To determine whether there is an effect and a relationship between economic growth, foreign direct investment (FDI), and financial development in Palestine, Johansen's co-integration analysis method will be used.

Results: Johansen's co-integration discovered that economic growth, foreign direct investment (FDI), and financial development have a favourable influence and a Long-Term association. Furthermore, there was a statistically significant relationship between stock market financial development indices and foreign direct investment (FDI).

Practical Implications: This study adds to the literature by evaluating whether foreign direct investment (FDI) drives growth through financial development networks and other factors that can drive growth in addition to foreign direct investment (FDI). A well-developed financial market, according to research, will boost the impact of indirect foreign direct investment (FDI) on economic growth. By offering enough liquidity services that increase links between local and global investors, a well-developed stock market will promote capital accumulation activities and output growth.

Originality/Value: This study is unique in that it examines the impact and relationship between economic growth and foreign direct investment (FDI) in Palestine on financial development, which must be considered in all developing countries' Long-Term development plans. Simultaneously, this study is a step ahead in examining the relationship between economic growth and foreign direct investment (FDI) in Palestine, as well as their primary function in financial development.

Open Access Original Research Article

The Impact of Customer Behavior on E-business during of the COVID-19 Crisis in Jordan

Harith Adnan Muhammad, Ali Ibrahim Mohammed, Amer Abdelwali Almomani

Asian Journal of Economics, Business and Accounting, Page 43-55
DOI: 10.9734/ajeba/2021/v21i2030510

Aims: This study was conducted to study the impact of customer behavior on e-business in Jordan in light of the increasing spread of the virus.

Study Design: A quantitative research.

Place and Duration of Study: Jordan, between January - September 2020.

Methodology: The Statistical Analysis Software (SPSS) software is used by the researcher. The survey questionnaires framed by the researcher are helping the researcher in representing the data appropriately

Results: The results showed that online purchase was acceptable and high during the Corona pandemic period despite the complete paralysis of movement Before the customer so that there is an alternative in emergency and necessary cases such as the Corona pandemic and the need to take into account the terms and behavior of the consumer when advertising, selling or promoting the commodity on electronic sales platforms.

Conclusion: Through the foregoing according to the data analysis carried out above shows the negative impact on e-business in Jordan due to the Coronavirus (COVID-19) the negative impact created affects sales as well as the purchasing behavior of customers. The business environment in Jordan is seen as weak due to COVID-19. The challenges that retailers in the e-commerce business face is declining customer buying behavior. Also, lower buying behavior reduces bids and shipping as per the surveys carried out this will lead to the deterioration of the e-business as well as huge losses that the e-business will incur. Research questions as well as research objectives set by the researcher a greater impact has been made on the current e-business in the Jordanian market. Buy food products from food stock for this reason. And the hypothesis of the research papers he developed lies a change in food contamination. For this reason, human-to-human contact is restricted which leads to the deterioration of e-commerce sales. Thus the presented analysis supports for this reason a greater impact has been created on the existing e-business in the Jordanian market since there is a concern of the buyer that with Delivery of food products through the electronic company.

Open Access Original Research Article

New Validation of COVID-19's effects on Micro, small and Medium Enterprise and Its Survival

Kanesh Suresh

Asian Journal of Economics, Business and Accounting, Page 56-65
DOI: 10.9734/ajeba/2021/v21i2030511

MSMEs (Micro, Small, and Medium-sized Enterprises) are the backbone of many economies worldwide, providing income and jobs to many people. The global and Sri Lankan economies have been seriously impacted by the coronavirus (COVID-19) outbreak. MSMEs are the primary victims of the COVID-19 epidemic, which faces numerous obstacles that impede their growth and survival. The analysis aimed to see how COVID-19 afected MSMEs in Sri Lanka. The extent of impacts of the sector was measured using descriptive statistics and SWOT analysis techniques with a Likert scale. From July to September 2020, the study used a mixed method approach, with primary data collected from 200 randomly selected entrepreneurs through a well-designed organized questionnaire survey in the Batticaloa District of Sri Lanka. According to the fndings, 62 percent of entrepreneurs have extremely high job experience power, while 52 percent have extremely low technical adaptation strength during this pandemic era. In terms of weakness, 61 percent and 60 percent of respondents, respectively, revealed a high degree of weakness in their companies, such as a lack of technical skills and expertise. According to the opportunity survey, 87 percent and 86 percent of respondents, respectively, had exceptionally low opportunities in subsidy facilities and social media use. Furthermore, during COVID-19, 59 percent, 68 percent, and 34 percent of respondents experienced extremely high threats due to curfew, increased input prices, and marketing facilities, respectively. To resolve critical situations like the COVID-19 outbreak and improve MSMEs in the region, the study recommended that NGOs, local government bodies, and policymakers develop awareness and support for entrepreneurs through confdence building, planning of workshops, seminars, and exhibitions.

Open Access Original Research Article

How CSR Moderates the Impact of Basic Industry and Chemicals Companies' Values in Indonesia

Widya Sari, Leondy Wijaya, Sherly ., Sally Sofian

Asian Journal of Economics, Business and Accounting, Page 66-79
DOI: 10.9734/ajeba/2021/v21i2030512

The purpose of this study was to see how the influence of profitability and corporate governance on firm value with or without CSR as a moderating variable. The researchers collected data on companies in the Basic Industry and Chemicals sector listed on the Indonesia Stock Exchange by accessing the website www.idx.co.id.  The population in this study consisted of 80 companies and a sample of 27 companies with a five-year research period. The research method used was quantitative, utilizing data analysis techniques based on the Partial Least Squares (PLS) model and Smart PLS software. The results showed that institutional ownership (p-value 0.064) has no effect on firm value, managerial ownership (p-value 0.462) has no effect on firm value, independent commissioners (p-value 0.836) has no effect on firm value, ROE (p-value 0.119) has no effect on firm value and the audit committee (p-value 0.012) has a positive effect on firm value, institutional ownership with CSR as a moderating variable (p-value 0.756) has no effect on firm value, managerial ownership with CSR as a moderating variable (p -value 0.141) has no effect on firm value, the audit committee with CSR as a moderating variable (p-value 0.084) has no effect on firm value, independent commissioners with CSR as a moderating variable (p-value 0.745) has no effect on firm value, ROE with CSR as a moderating variable (p-value 1.906) has no effect on firm value an, institutional ownership (P-value = 894) has no effect on CSR, managerial ownership (P-value = .361) has no effect on the audit committee CSR (P-value = .984) has no effect on CSR,  Independent Commissioner (P- value = .000) has a negative effect on CSR, ROE (P-value = .001) has a negative effect on CSR, CSR (P-value = .018) has a positive effect on firm value.