Economics
Md. Nasirul Islam; Farha Siddique; Abu Hurira
Abstract
The determination of this research is to investigate the level to which the regulations governing professional authority have an influence on the efficiency of the banking sector in Bangladesh. In this study, we selected 100 (one hundred) sample from commercial banks from 2017 to 2021 years, respectively. ...
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The determination of this research is to investigate the level to which the regulations governing professional authority have an influence on the efficiency of the banking sector in Bangladesh. In this study, we selected 100 (one hundred) sample from commercial banks from 2017 to 2021 years, respectively. These banks were all active participants and registered in the Dhaka Stock Exchange (DSE). To examine the relationship between the independent variables (bank size, board size, board composition, and CEO status) and the dependent variable (CEO status), a random effect of panel least square regression analysis was conducted (return on asset, return on equity and earnings per share). According to the results from the analysis, the size of a bank has a favorable effect on ROA and ROE, but a negative effect on EPS. Moreover, the success of Bangladeshi banks tends to increase as their size increases. Corporate governance and financial institution performance in Bangladesh are significantly associated.
Accounting
Matias Andika Yuwono; Dyna Rachmawati
Abstract
Agro is a growing company engaged in the plantation sector. As a growing company, companies need to improve company performance by implementing a risk management process based on the Committee of Sponsoring Organizations of the Treadway Commission (COSO) Enterprise Risk Management (ERM) to reduce disruption ...
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Agro is a growing company engaged in the plantation sector. As a growing company, companies need to improve company performance by implementing a risk management process based on the Committee of Sponsoring Organizations of the Treadway Commission (COSO) Enterprise Risk Management (ERM) to reduce disruption to daily operational activities, and companies can allocate resources more effective and efficient so that company goals can be achieved. To implement COSO ERM effectively, companies must conduct a thorough coordination and integration process in their operational activities. This qualitative study aims to analyze the application of COSO ERM in controlling operational risk in the trading division at PT. Agro. The risk management process carries from the risk identification process to the monitoring process. The results of this study indicate that the trading division has significant risks in its primary activities. Hence, it is necessary to carry out a monitoring process and appropriate actions to control these risks not to harm the company.
Accounting
Rezgalla Musbah Abdalla
Abstract
Although the qualitative approach has been recognized as an effective approach to link accounting research with accounting practices and accounting education, the accounting research is still dominated by the quantitative approach. The unpopularity of the qualitative approach in accounting research is ...
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Although the qualitative approach has been recognized as an effective approach to link accounting research with accounting practices and accounting education, the accounting research is still dominated by the quantitative approach. The unpopularity of the qualitative approach in accounting research is attributed to several obstacles related to individuals, management, and the nature of the qualitative approach. Therefore, the primary objective of this study is to investigate the obstacles of the use of the qualitative approach in accounting research that come from accounting faculty members, management of universities, and the nature of qualitative research. In order to achieve the objectives of the study, the analytical descriptive approach was used based on a questionnaire which was distributed to 60 accounting faculty members at different academic ranks at Libyan universities. The data was analyzed by descriptive statistics and One Sample T Test and one sample Wilcoxon Singed Rank Test. The results of the study showed that the three selected obstacles of using the qualitative approach in accounting research are facing accounting faculty members at Libyan universities and they are statistically significant. The main obstacle is the management of Libyan universities, followed by the accounting faculty members, and finally the obstacles related to the nature of the qualitative approach.
Accounting
Lawrence Wahua; Ike Romanus Chukwuma; Temitope Reuben Akinsete; Samuel Brobbey
Abstract
Dearth of quantification of the nexus between employee compensation and turnover gave rise to this empirical investigation of the effect of employee salary, employee pension scheme, employee allowance, employee share bonus, and employee savings scheme on turnover of Chevron Group of Companies using audited ...
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Dearth of quantification of the nexus between employee compensation and turnover gave rise to this empirical investigation of the effect of employee salary, employee pension scheme, employee allowance, employee share bonus, and employee savings scheme on turnover of Chevron Group of Companies using audited secondary data from annual reports for 2012 to 2021. Anchored on economic theory, the five hypotheses developed for the study were tested simultaneously based on univariate general linear model with the aid of statistical package for social sciences. The cardinal findings of this study (which carried out descriptive and inferential statistical analyses) show that the effect of employee compensation on turnover of Chevron Group with the studied period is mixed in line with reviewed literature. Salary of employees has non-significant negative effect on turnover; employee pension scheme has significant positive effect on turnover while employee allowances, share bonus, and savings scheme have significant negative effect on turnover. The findings of the study have salient significance in terms of theory, practice, and policy. Far reaching recommendations are put forward.
Management
Zohre Arefmanesh; Habib Ansari Samani
Abstract
Accounting information plays a crucial role in the decision-making process of lenders. They pay special attention to the income statement and its quality when making decisions. Consequently, financial statements must meet the minimum required standards. Adopting a comprehensive risk management approach ...
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Accounting information plays a crucial role in the decision-making process of lenders. They pay special attention to the income statement and its quality when making decisions. Consequently, financial statements must meet the minimum required standards. Adopting a comprehensive risk management approach can enhance earnings quality, ensuring effective reporting and compliance with laws and regulations. Therefore, this study aims to examine the impact of external financing and the moderating role of risk management on earnings quality. The research hypotheses were analyzed and tested using a multivariate regression model with panel data. The study's statistical population consists of firms listed on the Tehran Stock Exchange. The findings demonstrate a positive and significant relationship between a firm's external financing and earnings quality. This suggests that risk management plays a moderating role in the relationship between external financing activity and earnings quality. External financing and risk management contribute to improving the quality of financial information. Investors can evaluate the reliability of a firm's accounting data based on the level of external financing and enterprise risk management components. Thus, these findings have implications for managers and regulators to enhance the quality of financial information and promote the use of a comprehensive risk management approach to build creditor trust.
Accounting
Mohamed Khamis Zaytoun; Mohamed Mahmoud Elhoushy
Abstract
This research aims to analyze the impact of the increasing development of financial technology on the auditing profession. To achieve this goal, it defined financial technology as the use of technological innovation in the financial sector using the online market as a place to provide solutions to various ...
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This research aims to analyze the impact of the increasing development of financial technology on the auditing profession. To achieve this goal, it defined financial technology as the use of technological innovation in the financial sector using the online market as a place to provide solutions to various financial problems experienced by digital customers through the development of strategic models, processes, applications, or innovative products. The auditing profession faces great challenges; the changes brought about by fourth industrial revolution are not limited to technology only, but have extended to include the need to redesign some of the concepts that constitute the basic building blocks of accounting and auditing; like the concept of value. The changing face of the business environment may shift professional services from focusing on assurance services to focusing on non- assurance services. The research concluded that financial technology innovations enhance the use of the real time audit approach and the emergence of audit applications. The research also concluded that there is an update in the professional assurance services currently provided by the auditor. The role of the auditor emerged in assurance management’s assertions regarding the effectiveness of internal control over information technology, management’s disclosures regarding the application of artificial intelligence tools, auditing fair value estimates and accounting estimates prepared using artificial intelligence tools, management’s disclosures about cybersecurity risks, and cyber security risks management. Finally, the research concluded that new professional services have emerged, including auditing smart contracts, Trust assurance service in blockchains system, the function of the central administrator, and the function of arbitration in disputes. However, to achieve the future vision of professional assurance services for the auditor, the profession needs to overcome a number of challenges. First, it is to bridge the gap between the approach and method of real time audit and current auditing standards. Second, high investment to create tools to automate the audit.
Management
Anthony Egyir Aikins; David Wellington Essaw; John Victor Mensah
Abstract
International best practices require that corporate governance principles are introduced to guide institutions to operate in the best interest of stakeholders. Some local governments in Ghana have not been able to improve the lot of the people although corporate governance principles have been established ...
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International best practices require that corporate governance principles are introduced to guide institutions to operate in the best interest of stakeholders. Some local governments in Ghana have not been able to improve the lot of the people although corporate governance principles have been established in their systems. In an attempt to find the underlying reasons, this study assessed the corporate governance framework of four local governments in Ghana. The in-depth interview design was adopted and a purposive sampling procedure was employed to select 25 key informants who provided primary data for the study. The informants were four Internal Auditors, four Co-ordinating Directors, four members of Audit Committees, three District Auditors, four Regulators from the national level, and six members of the District Planning Co-ordinating Unit of the Assemblies. Data collection methods were key informant interviews and library searches. The interview guide and document review guide were the data collection instruments used. Pattern matching, comparison, content analysis, and interpretation were employed to analyze the data. The study revealed that the components of the corporate governance framework of the selected local governments were the same as that of the standard framework. However, there were lapses in their functioning. The recommendation is that the management bodies and officers responsible for the lapses in the functioning of the components should be sanctioned.
Accounting
Alireza Azarberahman; Ali Lalbar; Malihe Tohidinia; Zahra Ghorbanpoor
Abstract
Understanding the factors that contribute to decreased financial literacy and increased behavioral biases can suggest solutions for risk management and improving decision-making processes. On the other hand, investors make financial decisions based on their levels of financial literacy and behavioral ...
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Understanding the factors that contribute to decreased financial literacy and increased behavioral biases can suggest solutions for risk management and improving decision-making processes. On the other hand, investors make financial decisions based on their levels of financial literacy and behavioral biases. The main goal of this research is to examine the various levels of financial literacy with investors' behavioral biases, and understanding this relationship can help us recommend the best strategies to encourage investors to make better-informed decisions. The research population includes all investors in the Tehran Stock Exchange. A sample, calculated using Cochran's formula, ultimately collected 390 questionnaires manually and online, and necessary pretests were conducted to confirm the validity and reliability. Descriptive statistics, including the demographic characteristics of respondents and the frequency of responses to each question, were performed in this study. Then, structural equation modeling was used to test hypotheses. The results of hypothesis testing showed that professional financial literacy has an inverse effect on overconfidence behavioral bias. It was also found that professional financial literacy has a significantly positive effect on risk tolerance. Finally, it was determined that there is a significant negative relationship between professional financial literacy and self-documentary and risk aversion biases. On the other hand, it was revealed that investors with low levels of financial literacy have a positive relationship with the mentioned behavioral biases. Based on the research results, it can be claimed that as the level of financial literacy decreases among investors, they will become more involved in behavioral biases.
Douglas Kibirige
Volume 3, Issue 8 , August 2016, , Pages 453-458
Abstract
Over 70% of rural population in South Africa survives on subsistence small-scale farming as source of food and household incomes. However, due to lack of Agro-market facilities in rural South Africa, small-scale farmers can hardly compete favourably to benefit from the nation agricultural market, ...
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Over 70% of rural population in South Africa survives on subsistence small-scale farming as source of food and household incomes. However, due to lack of Agro-market facilities in rural South Africa, small-scale farmers can hardly compete favourably to benefit from the nation agricultural market, leaving almost 85% share of agricultural-market to the well-off large commercial farmers. These imbalances in South Africa’s agricultural markets are manifested in its dualistic economy, the “first-world economy” and the “second-impoverished economies”, respectively. Recent policies have been focused more on increased agro-productivity with less emphasis on markets for the rural-poor subsistence small-scale farmers. This review used case-study elsewhere especially in Sub-Saharan Africa and Asia where surveys have shown tremendous positive results to supported the argument. Therefore, this review suggest “Markets Work for Rural-Poor in South Africa: Developing Roadside Markets for Smallholder Farmers” to improve on their shares and benefit more from the rich national agricultural market.
Management
Mohammad Safari; Leyla Ahmadian; Zahra Kazemi Saraskanrood
Abstract
This study builds upon previous research on the value propositions of electronic commerce for the consumer and proposes a research framework for investigating consumer's perceived value in the B2C model of electronic commerce. The proposed research model encompasses five main dimensions of consumers' ...
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This study builds upon previous research on the value propositions of electronic commerce for the consumer and proposes a research framework for investigating consumer's perceived value in the B2C model of electronic commerce. The proposed research model encompasses five main dimensions of consumers' value proposition: Economic (3 components), Functional (7 components), Emotional (6 components), Social-Symbolic (5 components), and Technical (11 components). The paper also presents an application of the model to an empirical case study of consumers' perceived value of online shopping in Iran. Required data was collected via a survey from customers of digikala, the biggest e-commerce firm of Iran. Structural equation modeling and path analysis were used to test the proposed research model. Findings show that the five dimensions are positively related to consumers' value proposition and the proposed research model is fitted to explain the research purpose and hypotheses.
Accounting
Tanzina Haque
Abstract
The establishment of the nomination and remuneration committee (a key element of corporate governance structures) arises from the imperative to uphold principles of fairness, impartiality and transparency within the organization which serves to strengthen stakeholders’ confidence and enhance overall ...
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The establishment of the nomination and remuneration committee (a key element of corporate governance structures) arises from the imperative to uphold principles of fairness, impartiality and transparency within the organization which serves to strengthen stakeholders’ confidence and enhance overall business performance. The purpose of this paper is to investigate the relationship between a firm’s financial performance and its nomination and remuneration committee (NRC). As shown in the section delineating the research technique, the statistical software STATA was employed to analyze the correlation between the independent and dependent variables in this inquiry. The dataset consisted of total 48 insurance firms listed in the Dhaka Stock Exchange over the time period of 2015 to 2022 resulting in a total of 384 firm-year observations. The results show that there is a statistically significant positive relationship between the financial measures (EPS, ROE) and the independent variable (NRC) except the ROA which is not statistically significant. This investigation seeks to address a gap in the existing literature by examining the company financial performance within the emerging insurance sector of Bangladesh. The study concludes by suggesting that further investigation and research in this area are warranted. Presumably, this means there are more aspects to explore regarding the relationship between financial performance and NRC in the context of the insurance sector in Bangladesh.
Economics
Hoang Thi Du; Nguyen Xuan Tho
Volume 10, Issue 10 , October 2023, , Pages 861-874
Abstract
This study empirically investigated the existence of Calendar effects by using closing daily data for the Vietnam index (VN-index) before and during the Covid-19 pandemic. Daily returns of the VN-Index from 2 January 2018 to 12 August 2022 are used in this study to ascertain calendar anomalies in Ho ...
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This study empirically investigated the existence of Calendar effects by using closing daily data for the Vietnam index (VN-index) before and during the Covid-19 pandemic. Daily returns of the VN-Index from 2 January 2018 to 12 August 2022 are used in this study to ascertain calendar anomalies in Ho Chi Minh Stock Exchange (HOSE). To test these effects, the entire study period is divided into two sub-periods: during and before the Covid-19 crisis. Then, the ordinary least square (OLS) method and the Generalized Autoregressive Conditional Heteroskedasticity [GARCH (1,1)] regression model were employed. The empirical results from the OLS model support the occurrence of calendar anomalies for the HOSE both before and during the Covid-19 pandemic while the results of GARCH (1,1) only confirmed the positively significant effect on Friday during the Covid-19 periods. Regarding stock returns, positive returns were found only on Friday, during the Covid-19 pandemic. It implies that Covid-19 has changed the nature of the stock market from efficient to inefficient. The study’s findings suggest that the Covid-19 crisis significantly impacted the daily returns anomaly in Vietnam’s HOSE.
Management
Claire Anne Jimenez; Pamela Resurreccion
Abstract
The recent coronavirus pandemic was a black swan event, and the airline industry was one of the most stricken. The crisis that airlines had to face during the pandemic was not just a health-related crisis but a consequential one within their own canceled flights, rebooking concerns, and a surge in refund ...
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The recent coronavirus pandemic was a black swan event, and the airline industry was one of the most stricken. The crisis that airlines had to face during the pandemic was not just a health-related crisis but a consequential one within their own canceled flights, rebooking concerns, and a surge in refund requests they lacked the liquidity to address. Communication with stakeholders is even more crucial in times of distress. How airlines respond to the crisis shapes their reputation and future engagements. This study aims to discuss what the pandemic prompted in the Twitter communication of the three leading airlines in the Philippines, providing an insight into how they behaved before and during the pandemic, focusing on their message content and delivery strategy. Utilizing a descriptive-qualitative research design, the study thematically analyzes airlines’ tweets and customer responses. The study contributes communication strategies that can help airlines instill confidence among passengers during and after a crisis, with an emphasis on instructing information, human connection, empathy, and responsiveness, and demonstrates how airlines can strategically optimize the microblogging platform in crisis communication and customer service support.
Accounting
Hamidreza Hajeb; Safdar Alipour; Ali Ghayouri Moghadam
Abstract
The controversy surrounding the scientific or artistic nature of accounting has been the subject of various scientific circles for years, and the source of such debates is the fundamental difference between accounting and natural sciences such as physics, in such a way that some experts consider physics ...
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The controversy surrounding the scientific or artistic nature of accounting has been the subject of various scientific circles for years, and the source of such debates is the fundamental difference between accounting and natural sciences such as physics, in such a way that some experts consider physics to be the ultimate goal of science. They have tried to bring these two categories together, and on the other hand, some others have completely invalidated such an attempt with some baseless criticism. In this article, we have tried to outline the current and ideal accounting situation while expressing different views on the nature of science and describe the tools to fill the gap between the current and ideal situation. Finally, while respecting the efforts made to draw the path of the scientific movement of the profession, we considered the comparison of physics and accounting to be unworthy, and at the same time, we have given a worthy answer to some of the unfair criticisms. In the same way, we believe that the change of the accounting paradigm towards the use of fair values promises a scientific revolution in accounting, which will smooth the path of the faster movement of the profession towards the scientific position it deserves, but at the same time, we have also mentioned the challenges facing this mutation.
Accounting
Dickson Pastory; Dionice Lwanga
Abstract
Cryptocurrencies are increasingly becoming more popular as cheaper, faster and more secure means of transferring money across the globe while offering diversification benefits to investors. This current study explores the effects of national culture on cryptocurrency adoption across 118 countries. We ...
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Cryptocurrencies are increasingly becoming more popular as cheaper, faster and more secure means of transferring money across the globe while offering diversification benefits to investors. This current study explores the effects of national culture on cryptocurrency adoption across 118 countries. We test how each cultural dimension from the Hofstede model affects cryptocurrency adoption. These are power distance, long-term orientation, uncertainty avoidance, individualism and masculinity. We subsequently assess the moderation effects of financial literacy on the linkage between national culture and cryptocurrency adoption. We employ analysis of variance (ANOVA) and stepwise regression estimations to probe into the magnitudes and significance of postulated relationships. Our results firstly indicate significant disparities in cryptocurrency adoption, but only between countries with high and low uncertainty avoidance. The stepwise regression results revealed a strong negative relationship between uncertainty avoidance and cryptocurrency adoption, with other cultural dimensions exhibiting insignificant effects. Moreover, countries with high uncertainty avoidance but whose adults are highly financially literate were seen to be less vulnerable to fears of uncertainties and risks when deciding to adopt cryptocurrencies. Our findings lay a foundation for further theory development and provide practical implications to cryptocurrency entrepreneurs, governments, users and businesses that accept payments in Bitcoin and other cryptocurrencies.
Accounting
Rizki Ainur Ridho; Baiq Anggun Hilendri Lestari; Paradisa Sukma
Abstract
This research aims to observe how the Indonesian capital market reacts, especially in the mining sector, to the export ban resulting from the Russian invasion of Ukraine, particularly on coal exports. This study uses the event study method by collecting closing stock price data 5 days before and 5 days ...
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This research aims to observe how the Indonesian capital market reacts, especially in the mining sector, to the export ban resulting from the Russian invasion of Ukraine, particularly on coal exports. This study uses the event study method by collecting closing stock price data 5 days before and 5 days after the Russian invasion of Ukraine which occurred on February 24, 2022. This research indicates that the Russian invasion of Ukraine had a significant impact on the market, as evidenced by the disparities in average abnormal returns before and after the events, as well as the fluctuations in stock prices and substantial abnormal returns when comparing the days surrounding the events. The theories employed in this study include the Efficient Market Hypothesis and Signal Theory. This study only uses mining company as a sample and abnormal returns and stock prices as variables. This research does not only look at the average difference before and after the Russian invasion of Ukraine. But also compare the difference in stock prices and abnormal returns between each day before and after the event. The results of the research conducted are in line with previous research conducted by Theiri et al., (2022).
Monireh Dizaji; Arash Ketabforoush Badri
Volume 1, Issue 1 , August 2014, , Pages 1-14
Abstract
This paper investigates the relationship between trade and regional income inequalities in the period 2001-2010 using panel data for 18 selected developing countries. The results show that trade has a significant and negative effect on regional income inequalities, so that an increase of 1 percent of ...
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This paper investigates the relationship between trade and regional income inequalities in the period 2001-2010 using panel data for 18 selected developing countries. The results show that trade has a significant and negative effect on regional income inequalities, so that an increase of 1 percent of its value, regional income inequalities 0.09 percent decrease. Also, GDP per capita has a negative impact on regional income inequalities in studied countries. However, the population and agriculture value added have a positiveeffect on regional income inequalities. It can be said that a 1 percent increase in the variables, respectively, regional income inequalities 0.16 and 0.21 increased.
Kais Saidi; Saida Zaidi
Volume 6, Issue 1 , January 2019, , Pages 1-21
Abstract
This paper aims to assess the impact of population growth on GDP and environmental quality. For this, we use the generalized moments in system method (GMM) with dynamic panel data for ten countries over the period 1980-2013. The main results of this study are: (i) the population have a positive ...
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This paper aims to assess the impact of population growth on GDP and environmental quality. For this, we use the generalized moments in system method (GMM) with dynamic panel data for ten countries over the period 1980-2013. The main results of this study are: (i) the population have a positive and significant impact on economic growth while the capital has a positive but no significant effect on economic growth. (ii) For the environment, population growth has a positive and significant effect on CO2 emissions, the urbanization is negatively and significantly contributed to CO2 emissions, but trade openness has no effect on CO2 emissions. What is concluded that the effect of the population depends on other factors such as aging, hierarchical structure and the economic level of the country?
Kazuhiro Ohnishi
Volume 5, Issue 1 , January 2018, , Pages 1-9
Abstract
This paper examines a mixed duopoly model in which a state-owned firm competes with a joint-stock firm. The following two stages are considered. In the first stage, each firm can simultaneously and independently decide whether or not to offer lifetime employment as a strategic commitment. In the second ...
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This paper examines a mixed duopoly model in which a state-owned firm competes with a joint-stock firm. The following two stages are considered. In the first stage, each firm can simultaneously and independently decide whether or not to offer lifetime employment as a strategic commitment. In the second stage, each firm simultaneously and independently chooses its actual output. The paper shows that there are two equilibrium solutions in the model.
Ali Abdollahi; Maryam Mohseni; Seyed Hossein Siadat
Volume 4, Issue 1 , January 2017, , Pages 1-16
Abstract
Living in knowledge-based world and increasing competition between companies- especially in IT-based companies- in determining the best knowledge strategy lead to more attention to this concept. The purpose of this paper is to review previous studies on knowledge strategy and its dimensions. Then, after ...
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Living in knowledge-based world and increasing competition between companies- especially in IT-based companies- in determining the best knowledge strategy lead to more attention to this concept. The purpose of this paper is to review previous studies on knowledge strategy and its dimensions. Then, after categorizing these dimensions, a popular multi-criteria decision-making (MCDM) method- AHP- in Fuzzy environment is used to evaluate dimensions of knowledge strategy (KS). The results show that knowledge sourcing, learning sourcing, learning speed are more effective dimensions of knowledge strategy. As every organization has a leading dimension in KS, IT-based companies should focus on these dimensions for better developing knowledge strategy.
Wanjiku Ng’ang’a. K; Justus M. Munyoki; Francis Kibera; Ganesh P. Pokhariyal
Volume 7, Issue 1 , January 2020, , Pages 1-19
Abstract
The main objective of this study was to determine the mediating effect of perceived value on the relationship between service encounter quality and customer satisfaction. The study was anchored on the value percept theory and the service encounter needs theory. Literature from preceding correlated studies ...
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The main objective of this study was to determine the mediating effect of perceived value on the relationship between service encounter quality and customer satisfaction. The study was anchored on the value percept theory and the service encounter needs theory. Literature from preceding correlated studies was used to develop a conceptual model and hypotheses which were tested using statistical techniques. The study employed a descriptive cross sectional research design. Sampling was done using stratified random technique and a sample of 376 hotel guests was used in the study; a response of 350 (95%) was attained. A pilot study was conducted and reliability of the research tool was tested using Cronbach alpha test, validity tests were also carried out to check whether the tools measure what they were intended to. Four parametric tests; multi-collinearity, normality, heteroscedasticity and linearity of data were done to check the appropriateness and accuracy of the data. Data analysis was done using descriptive statistics, factor analysis, correlations and regression. Results showed that the influence of service encounter quality on customer satisfaction was partially mediated by perceived value and that there was a direct relationship between service encounter quality and customer satisfaction Customers expect that a service is performed right without errors the very first time, therefore, the hotel management must ensure their staff are competent and that other facilities that enhance guests experience like neatness, timely service, modern fixtures meet guest expectations. It was recommended that policy makers and management of hotels in Kenya should improve on service encounter quality and actively pay attention to guests’ expectations. Future research can also be directed at other hotels with lower star ratings as well as the unclassified hotels.
Morteza Jafarnezhad; Naser Ali Yadollahzade Tabari
Volume 3, Issue 1 , January 2016, , Pages 1-13
Abstract
This study aimed to investigate the impact of intellectual capital on the financial performance of the banks listed in the Tehran Stock Exchange. For this purpose, the impact of intellectual capital components (Capital Employed Efficiency (CEE), Human Capital Efficiency (HCE) and Structural Capital Efficiency ...
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This study aimed to investigate the impact of intellectual capital on the financial performance of the banks listed in the Tehran Stock Exchange. For this purpose, the impact of intellectual capital components (Capital Employed Efficiency (CEE), Human Capital Efficiency (HCE) and Structural Capital Efficiency (SCE) ) on financial performance (Return on Equity (ROE), Return on Assets (ROA) and Earnings per Share (EPS) ) was examined using panel data in 11 banks listed in Tehran Stock Exchange during the years 2009 to 2013. The results showed that the intellectual capital had a positive effect on the financial performance of banks listed on Tehran Stock Exchange. Also, intellectual capital had the greatest impact on the rate of return on assets, return on equity and earnings per share, respectively.
Nader Mortezai; Hiwa Farughi; Kiumars Ahmadi
Volume 2, Issue 1 , January 2015, , Pages 1-9
Abstract
The overall purpose of this research is to identify those factors influencing the organizational misbehavior and its relationship with job burnout in staff departments of Kurdistan Agriculture Organization in Iran. The current study is an applied and survey research using a self-constructed and standard ...
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The overall purpose of this research is to identify those factors influencing the organizational misbehavior and its relationship with job burnout in staff departments of Kurdistan Agriculture Organization in Iran. The current study is an applied and survey research using a self-constructed and standard mixed questionnaire. The statistical population consists of 185 managers and staffs. The sample equals to 118 according to the Morgan’s table among which 81 questionnaires were returned to be considered for final analysis. The research tool reliability measuring by Cronbach Alpha was equal to 0.77 which is more than the acceptable threshold. Descriptive and inferential statistics were used by applying SPSS and Lisrel software packages. Findings showed that misbehaviors of three personality types of S, D, and O affect the job burnout. Also, based on the respondents’ views, inconsistency between the employees’ incomes and expenses and inefficient economic structure is the most influential factor contributing to the organizational misbehavior. Disregarding the employees’ welfare, frequent frustrations and stresses and inappropriate management system in the organization in different dimensions are the most influential factors affecting the job burnout.
Management
Nesa Moradpour
Abstract
Performance appraisal refers to the process of performance measurement, assessment, valuation, and judgement over time. Performance ranking based on several criteria of different values is possible only when multi-criteria decision models are adopted. In this regard, different indicators are used in ...
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Performance appraisal refers to the process of performance measurement, assessment, valuation, and judgement over time. Performance ranking based on several criteria of different values is possible only when multi-criteria decision models are adopted. In this regard, different indicators are used in accordance with the type of ranking. Accordingly, inspired by the support vector machine model (SVM) and the Promethee technique, the present study aimed to develop a performance appraisal model for mutual funds and rank them accordingly. In this study, 34 mutual funds accepted in Iran’s capital market were selected during 2016-2018 using the systematic random sampling method. First, the key performance indicators were detected using the indicators of post-modern portfolio theory, which were then approved by managers, experts, and professionals. Then some information about each indicator was collected, and the experts and professionals’ comments were used to weight the indicators and specify the importance and priority of each indicator. Afterwards, an applied model was developed to represent the indicators effective in ranking mutual funds. Finally, the SVM model and the Promethee technique were adopted to rank the concerned mutual funds. The findings revealed that, in comparison to the indicators of downside risk and Sortino, upside potential ratio has the greatest effect on the performance appraisal of the mutual funds accepted in Iran’s capital market.
Management
H.P.N.I. Kumarasinghe; H.K.T. Dilan
Abstract
In the modern developing business world, a significant increase in Health and Safety Practices can be identified. Occupational accidents in factories and working sites make substantial challenges to survive. Hence, this study aims to determine the impact of occupational health and safety practices on ...
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In the modern developing business world, a significant increase in Health and Safety Practices can be identified. Occupational accidents in factories and working sites make substantial challenges to survive. Hence, this study aims to determine the impact of occupational health and safety practices on the job performance of operational level employees in the construction industry, Sri Lanka. The study was carried out among a sample of 100 operational level employees in selected construction sites in Sri Lanka. The study provided a comprehensive questionnaire to assess the impact of health and safety on the job performance of the operational level employees by using random sampling technique. Secondary data were used from company past data and information, web site, journals, and subject-related books such as company health and safety procedures, health and safety training, and accident records. Data analysis was done by using SPSS. The study found a positive impact of occupational health and safety practices on the job performance of operational level employees in the construction industry.
