{"title":"The Role of Case-study Research in Investigating Local-government Accountability Reporting: Evidence from Indonesia","authors":"Muhammad Hudaya , Ciorstan Smark","doi":"10.1016/S2212-5671(16)00008-3","DOIUrl":"10.1016/S2212-5671(16)00008-3","url":null,"abstract":"<div><p>Apart from its strength in investigating contemporary phenomena and day-to-day organizational complexities, there are common criticisms that case-study research cannot offer a generalizable conclusion and tends to be idiographic. This research found that case-study research can provide a clear picture of the local-government accountability reporting practice to its larger social context, as it can connect individual activities at the micro level to their environmental setting at the macro level. This was possible due to its strengths in conveying a holistic and rich understanding of issues within which the practice of accountability takes place.</p></div>","PeriodicalId":101040,"journal":{"name":"Procedia Economics and Finance","volume":"35 ","pages":"Pages 44-53"},"PeriodicalIF":0.0,"publicationDate":"2016-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/S2212-5671(16)00008-3","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87863010","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Entrepreneurial Engagements of Academics in Engineering Universities of Pakistan","authors":"Manzoor Ali Mirani , Mohar Yusof","doi":"10.1016/S2212-5671(16)00051-4","DOIUrl":"10.1016/S2212-5671(16)00051-4","url":null,"abstract":"<div><p>This paper gives an account of entrepreneurial engagements of academics in engineering universities of Pakistan. The study adds to literature on academic entrepreneurship in developing economies perspective. Data was collected through self-administered questionnaire from six engineering universities of Pakistan and 306 academics participated in the survey. Findings reveal that academics are involved in all the categories of academic entrepreneurship. However, it is quite evident that academics prefer the soft side of entrepreneurship than hard side. External teaching, seminars and consultancy are the preferred strategies compared to formation of companies within universities or without universities. The paper presents policy recommendations and future research opportunities in developing economies.</p></div>","PeriodicalId":101040,"journal":{"name":"Procedia Economics and Finance","volume":"35 ","pages":"Pages 411-417"},"PeriodicalIF":0.0,"publicationDate":"2016-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/S2212-5671(16)00051-4","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75211225","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Payam Mihanyar , Sofiah Abd Rahman , Norliza Aminudin
{"title":"Investigating the Effect of National Park Sustainability on National Park Behavioral Intention: Kinabalu National Park","authors":"Payam Mihanyar , Sofiah Abd Rahman , Norliza Aminudin","doi":"10.1016/S2212-5671(16)30126-5","DOIUrl":"10.1016/S2212-5671(16)30126-5","url":null,"abstract":"<div><p>National Park Sustainability (NPSus) is an important construct in the context of national parks which will lead tourism industry to move towards sustainable national parks. Although previous studies examined the tourist behavioral intention through deployment of sustainability principles or destination sustainability, there is a lack of research on the effect of NPSus on National Park Behavioral Intention (NPBI). To address this gap, this study developed a model which investigates the effect of NPSus as an independent variable, and National Park Satisfaction (NPSat) as mediator on tourist NPBI. The research hypotheses where NPSus and NPSat have a significant effect on NPBI was examined. A self-administrated questionnaire was distributed among 600 tourists from developed countries visiting Kinabalu National Park (KNP). The data was examined through deployment of structural equation modelling. The findings revealed that NPSus does not affect NPBI directly, however, NPSus has a significant indirect effect on tourist NPBI through mediation effect of NPSat. Furthermore, NPSat was a full mediator. Findings of this study had practical implication to enhance destination sustainability by better understanding the NPBI.</p></div>","PeriodicalId":101040,"journal":{"name":"Procedia Economics and Finance","volume":"37 ","pages":"Pages 284-291"},"PeriodicalIF":0.0,"publicationDate":"2016-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/S2212-5671(16)30126-5","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85204962","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Influence of Outlook towards Work on Entrepreneurial Potential of Professional Sport Coaches in South Africa","authors":"J. Surujlal","doi":"10.1016/S2212-5671(16)00073-3","DOIUrl":"10.1016/S2212-5671(16)00073-3","url":null,"abstract":"<div><p>One of the ways to effectively address unemployment and revitalise the economy is through the rediscovery of the entrepreneur who takes risks, breaks new ground and innovates. Entrepreneurship therefore needs to be embedded into the basic fabric of society. Sport in South Africa has moved from being amateur-focused to being professional-focused, resulting in an increase in the number of professional sport coaches in the sport industry. Furthermore, heightened competition for coaching positions has intensified the volatility of coaches’ jobs as well as their job security. The purpose of this study was, therefore, to explore the influence of outlook towards work on the entrepreneurial potential of professional sport coaches in South Africa. A quantitative research approach was adopted for the study. This involved the administration of questionnaires to 200 professional sport coaches. Frequencies and percentages were used to report on the data. In addition, a one-way between-groups analysis of variance was conducted to investigate the impact of level of outlook towards work on entrepreneurial potential. The results indicated that sport coaches with high levels of motivation, aptitude and attitudes towards work have higher levels of entrepreneurial potential. Sport coaches who possess a positive attitude towards work, are knowledgeable about entrepreneurship and are motivated to excel may be more likely to achieve long term success than those who do not possess these qualities. Therefore, sport coaches who have these qualities should take advantage of this and embark on entrepreneurial ventures to escape the uncertainty associated with sport coaching.</p></div>","PeriodicalId":101040,"journal":{"name":"Procedia Economics and Finance","volume":"35 ","pages":"Pages 597-603"},"PeriodicalIF":0.0,"publicationDate":"2016-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/S2212-5671(16)00073-3","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76086631","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Application of Non-Financial Performance Measurement in Malaysian Manufacturing Firms","authors":"Kamilah Ahmad, Shafie Mohamed Zabri","doi":"10.1016/S2212-5671(16)00059-9","DOIUrl":"10.1016/S2212-5671(16)00059-9","url":null,"abstract":"<div><p>Non-financial performance measures in recent years have been receiving growing attention among modern's organizations to provide additional information for managers. The use of non-financial performance measures in the manufacturing environment is even crucial where its normal operation is more complex than any other type of organizations. The purposes of this research are to examine the application of non-financial performance measurement system among manufacturing companies and to explore the association between size of the firm, business environment, owners/manager involvement and modern manufacturing technology and the use of non-financial performance measures. A questionnaire was sent to a random sample 500 Malaysian manufacturing firms which resulted in 102 useable returned questionnaires. The results show that non-financial performance measures related to internal processes and customers have the highest extent of use. In contrast, techniques related to quality control have a relatively low level of use. The results also reveal that there are significant relationships between size of the firm, involvement of owner/manager, and modern technology and the use of non-financial performance measures. This research provides new empirical evidences on the use of non-financial performance measures and contributes a better understanding of the contingency approach in the context of performance measurement system within a manufacturing environment.</p></div>","PeriodicalId":101040,"journal":{"name":"Procedia Economics and Finance","volume":"35 ","pages":"Pages 476-484"},"PeriodicalIF":0.0,"publicationDate":"2016-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/S2212-5671(16)00059-9","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78467084","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Study of Mediated Consumption Effect of Renewable Energy on Economic Growth of OECD Countries","authors":"Seyyedeh Fatemeh Naseri , Sima Motamedi , Majid Ahmadian","doi":"10.1016/S2212-5671(16)30068-5","DOIUrl":"10.1016/S2212-5671(16)30068-5","url":null,"abstract":"<div><p>The present study aims to investigate on the impact of the renewable energy intermediate consumption on the economic growth of OECD countries. The data are from the energy balance sheet of all OECD countries during 1990-2012. The time series linear pattern has been used to have estimation. With studying Johansen Cointegration Test and ARDL model, it can be concluded that increasing the renewable energy consumption leads to economic growth increase in these countries. In other word that increasing the renewable energy consumption, the efficiency of the energies is increasing and leads to a high economic growth. Also, a development in technology can be resulted in a higher economic growth of those countries.</p></div>","PeriodicalId":101040,"journal":{"name":"Procedia Economics and Finance","volume":"36 ","pages":"Pages 502-509"},"PeriodicalIF":0.0,"publicationDate":"2016-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/S2212-5671(16)30068-5","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88377057","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Challenges Faced by Management Accountants in the 21st Century","authors":"Zairul Nurshazana Zainuddin, Suzana Sulaiman","doi":"10.1016/S2212-5671(16)30153-8","DOIUrl":"10.1016/S2212-5671(16)30153-8","url":null,"abstract":"<div><p>Management accountant in the twentieth centuries is no longer a traditional ‘bean counting’, but now has to become a ‘hybrid accountant’ within an organization. They are now facing intense challenges and are expected to adapt with rapid changes in business environment. Companies demand for more proactive management accountants, who are now expecting to become part of management and ready to accept exciting challenges ahead. This paper discusses issues on environmental and organizational factors, which are believed to be the major contributor to the key challenges faced by management accountant nowadays. A conceptual framework was developed which forms the relationship between management accountants’ roles, tasks and factors driving to the changes that leads to challenges faced by management accountants in the 21st century.</p></div>","PeriodicalId":101040,"journal":{"name":"Procedia Economics and Finance","volume":"37 ","pages":"Pages 466-470"},"PeriodicalIF":0.0,"publicationDate":"2016-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/S2212-5671(16)30153-8","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74589563","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Yulia Vertakova , Vladimir Plotnikov , Gilan Fedotova
{"title":"The System of Indicators for Indicative Management of a Region and its Clusters","authors":"Yulia Vertakova , Vladimir Plotnikov , Gilan Fedotova","doi":"10.1016/S2212-5671(16)30279-9","DOIUrl":"10.1016/S2212-5671(16)30279-9","url":null,"abstract":"<div><p>The turbulence in the economic environment leads to a decrease in stability of functioning of clusters and the regional economic system as a whole. This requires the development of effective management mechanisms based on the indicative approach, the central concept of which is an indicator. Despite concerted efforts by scientists and governmental bodies, the universal system of indicators for the management of regional cluster development remains underdeveloped. The research is based on the principles of dialectical logic, system approach to the analysis of economic processes, analysis and synthesis of theoretical aspects and empirical experience.</p></div>","PeriodicalId":101040,"journal":{"name":"Procedia Economics and Finance","volume":"39 ","pages":"Pages 184-191"},"PeriodicalIF":0.0,"publicationDate":"2016-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/S2212-5671(16)30279-9","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79833934","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Impact of Major Macroeconomic Variables on Iran's Steel Import and Export","authors":"Nasrin Esmaeili Todshki, Ali Ranjbaraki","doi":"10.1016/S2212-5671(16)30051-X","DOIUrl":"10.1016/S2212-5671(16)30051-X","url":null,"abstract":"<div><p>Considering the existing relative and comparative advantages in “steel's production and processing” and metal objects in Iran, this research focuses on investigation of macroeconomics variables impact on the strategic (main) product. Industrial goods dealing as growth and development engine in different countries considered. Besides, providing of pioneer steel production and dealing in Iran's economy other economic sectors developed.</p><p>In this study, Youhanson long term convergence and Grangery cause tests utilized to relationship type and Iran's macroeconomics variables (Gross National Product, Global Oil price, Population and domestic steel production) impact investigation to analyze steel export and import in the period of: 1975-2011.</p><p>Findings show the statistical positive and significant relationship between “crude steel export” with “Gross National Product, Global Oil price, Population and domestic steel production”. Also the statistical positive and significant relationship between “crude steel import” with “Gross National Product, Global Oil price, Population and domestic steel production” was approved. The Grangery cause test results point out the bilateral significant relationship between “crude steel export and import” and “Iran's macroeconomics variables”.</p></div>","PeriodicalId":101040,"journal":{"name":"Procedia Economics and Finance","volume":"36 ","pages":"Pages 390-398"},"PeriodicalIF":0.0,"publicationDate":"2016-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/S2212-5671(16)30051-X","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91272914","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Transmission of Shocks through Stock Markets Channel: The Case of the CEECs","authors":"Vilma Deltuvaite","doi":"10.1016/S2212-5671(16)30326-4","DOIUrl":"10.1016/S2212-5671(16)30326-4","url":null,"abstract":"<div><p>Many scientists and economists state that the degree of global integration of the Central and Eastern European countries (CEECs) stock markets is very low. However, the recent turmoils in the major financial centers in USA, China, etc. raise the question about the possible transmission of the global shocks to the CEECs stock markets despite the low degree of financial integration. The main research questions are: can the spillover effect transmit from the major stock markets on the CEECs stock markets and what type of shocks cause the cross-border contagion risk transmission to the CEECs stock markets? The objective of this study – to identify the transmission of global shocks through stock markets channel in the CEECs. The research methods: the systemic, logical and comparative analysis of the scientific literature and statistical methods: Dynamic Conditional Correlation Generalized Autoregressive Conditional Heteroskedasticity (DCC-GARCH) model. The empirical results of this study suggest that the highest degree of global and regional integration of the stock markets was observed in Poland's, Czech Republic's, and Hungary's stock markets that can be explained by higher development level of these stock markets comparing to other CEECs. The collapse of Lehman Brothers bank in United States in 2008 was the most significant shock transmitted to CEECs stock markets. The empirical results also suggest that the transmission of other systemic shocks (e.g. the Middle East financial markets crash (May 2006), Greek debt crisis (April 23, 2010), Portugal's debt crisis (May 16, 2011)) was also observed on some of the CEECs countries.</p></div>","PeriodicalId":101040,"journal":{"name":"Procedia Economics and Finance","volume":"39 ","pages":"Pages 292-297"},"PeriodicalIF":0.0,"publicationDate":"2016-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/S2212-5671(16)30326-4","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74391269","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}