{"title":"IMPACT OF TRADE UNIONS’ PRESENCE ON THE ENHANCEMENT OF SAFETY PERFORMANCE OF WORKERS IN THE MARITIME INDUSTRY IN LAGOS STATE","authors":"Pedro Adagbor, W. Ukpere, F. Adekanmbi","doi":"10.26458/2341","DOIUrl":"https://doi.org/10.26458/2341","url":null,"abstract":"Trade unions plays a pivotal role in championing the rights and well-being of workers, including the enhancement of job safety performance. The study investigated the impact of trade unions’ presence in the enhancement of job safety performance of workers in the Maritime industry in Lagos state. Proportionate random sampling technique was employed to select two hundred (200) workers. The data collection instrument consisted of a researcher-designed questionnaire. The data analysis involved pie charts and multiple regression analysis. The findings reveal that trade unions’ presence significantly enhance workers’ adherence to safety regulations and standards to perform their job safely (R=.783, P<0.05); trade unions’ presence significantly enhance safety knowledge and skills of workers to perform their job safely (R=.590, P<0.05); trade unions’ presence significantly improve the provision of proper safety equipment to enhance workers' job safely (R=.671, P<0.05); trade unions’ presence significantly enhance workers with hazard identification and control to perform their job safely (R=.592, P<0.05); trade unions’ presence significantly enhance support to workers who experience injuries or accidents to perform their job safely (R=.671, P<0.05) in the Maritime industry in Lagos state. Considering the findings, it was therefore suggested that trade unions should continue to actively engage with workers and employers to promote adherence to safety regulations and standards; prioritize the provision of safety knowledge and skills to workers through ongoing training programs; actively support employers in ensuring the provision of appropriate safety equipment to workers; work closely with employers to strengthen hazard identification and control processes in the workplace; focus on establishing support systems for workers who experience injuries or accidents.","PeriodicalId":114591,"journal":{"name":"Annals of Spiru Haret University. Economic Series","volume":"190 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140475264","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"QUALITATIVE ANALYSIS OF PUBLIC PERCEPTION OF WORK ETHICS IN NIGERIA’S PUBLIC SECTOR","authors":"Lawal Oloyede Raheem, Michael Ayorinde Afolayan","doi":"10.26458/23113","DOIUrl":"https://doi.org/10.26458/23113","url":null,"abstract":"The Nigerian public service is crucial to the country’s economic development. This is because a vibrant public service sector is able to harness effectively overhead taxes and also account for public expenditure at all levels. The objective of this study is to investigate how public servants perceive work ethics to positively influence organization success and productivity in Nigeria public sector. In this study, researcher used qualitative to analyse the response of 15 individuals from the public who have visited a typical public office at least 3 times within the last one years. An interview form containing 7 items was administered, and the results was analyzed from themes that give true picture of the perception of respondents. It was observed that worker in public service are not professional enough, taking their jobs with levity. As a result, this study recommends publics service reforms.","PeriodicalId":114591,"journal":{"name":"Annals of Spiru Haret University. Economic Series","volume":"163 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134395954","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"IMPACT OF INVESTMENT IN RESEARCH AND DEVELOPMENT ACTIVITIES ON THE PROFITABILITY OF PHARMACEUTICAL COMPANIES","authors":"Bojana Novićević Čečević, Jovana Milenović, Tamara Rađenović","doi":"10.26458/2315","DOIUrl":"https://doi.org/10.26458/2315","url":null,"abstract":"Investing in research and development (R&D) activities greatly impacts the assessment of the company’s finances and performance, which is why the issue of the accounting treatment of these costs is so important. The aim of this paper is to examine the relationship between investment in R&D activities and the profitability of pharmaceutical companies, i.e., to see whether R&D activities can affect the financial position and performance of 30 pharmaceutical companies in the period from 2010 to 2020. The obtained results show that investing in R&D activities has a positive effect on net income, earnings before interest and taxes, and earnings per share (EPS).","PeriodicalId":114591,"journal":{"name":"Annals of Spiru Haret University. Economic Series","volume":"58 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121549414","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"RISK FINANCING TECHNIQUES AND SMEs PERFORMANCE: EMPIRICAL EVIDENCE FROM NIGERIA","authors":"S. S. Ajemunigbohun, P. Ipigansi","doi":"10.26458/2314","DOIUrl":"https://doi.org/10.26458/2314","url":null,"abstract":"Risk financing is a critical element of a resilient future. Risk management techniques are important metrics in safeguarding the lives and property of mankind. Therefore, this study aimed to assess the effects of financial risk management techniques on business performance, with specific reference to the perceptions of selected SMEs in Lagos, Nigeria. The study adopted a cross-sectional survey research design. The study population consisted of the total number of registered SMEs recorded in Lagos State at 11,666. Thus, single-stage cluster and convenience sampling techniques were employed in the questionnaire distribution and data collection processes. Two hundred and forty-eight (248) respondents were used in the study. The statistical technique employed was simple regression. This study confirms the importance of financial risk management techniques in business performance of selected SMEs operators in Lagos, Nigeria. It is recommended that insurance providers in Nigeria should attempt to tailor insurance products in a lovable and affordable manner to SMEs’ operators/owners in a bid to improve their behavioural risk attitudes. More so, interest should be placed on impressive risk management communication and ideal physical risk control techniques among SMEs’ owners/operators.","PeriodicalId":114591,"journal":{"name":"Annals of Spiru Haret University. Economic Series","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126459503","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"EXPLORING THE RELATIONSHIP BETWEEN ECONOMIC CONVERGENCE AND SALARY LEVELS IN DEVELOPING COUNTRIES: A CASE STUDY OF AZERBAIJAN","authors":"Ali Huseynov","doi":"10.26458/2317","DOIUrl":"https://doi.org/10.26458/2317","url":null,"abstract":"The purpose of this paper is to examine the relationship between wage levels and economic convergence in developing countries. Although the topic was approached from a broader perspective at the beginning of the article, more specific factors were mentioned in the continuation. Here, the economic growth in many countries of the world, the rate of salary level, changes in the level of welfare of the population and the economic convergence trends of those countries are examined. Although Azerbaijan was chosen as the main research object to analyze the issue more concretely, as mentioned above, the general aspects of the developing countries of the world are studied. This will lead to a comparison of the experience of Azerbaijan and the world in this field and, as a result, a more accurate analysis. The article talks about the factors that have a greater influence on the salary levels and economic convergences of developing countries. Analyzes are made, results are obtained and recommendations are made. This article contains useful information about economy of Azerbaijan, other countries of the world for those study this topic.","PeriodicalId":114591,"journal":{"name":"Annals of Spiru Haret University. Economic Series","volume":"186 ","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"120887063","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"CHALLENGES AND TRENDS REGARDING THE IMPLEMENTATION OF ICT SOLUTIONS IN THE MANAGEMENT OF CUSTOMER SERVICE DEPARTMENT, WITH CASE STUDY AT AS&ICT ROMANIA","authors":"Elena Gurgu, Tudor-Vladimir Hreniuc","doi":"10.26458/23114","DOIUrl":"https://doi.org/10.26458/23114","url":null,"abstract":"The motivation for choosing the theme is primarily due to our passion for the ICT field. In this work, we first approached the study and analysis of the national and international ICT market from the last 5 years, then we will refer to the challenges and trends regarding the implementation of ICT solutions in the management of the customer services department, with a case study at the Company AS&ICT Romania[1]. \u0000The ICT industry in Romania represents one of the most prosperous economic sectors, registering a turnover of almost 6 billion euros in 2019, representing approximately 5.5% of the country's Gross Domestic Product. \u0000In 2020, the IT&C sector had a turnover of 70.3 billion lei and was in the Top 5 economic sectors, along with manufacturing, construction, transport, and storage \u0000The purpose of the paper is mainly to follow the evolution of the ICT market on a national and international level in the last 5 years. \u0000The objectives pursued in the paper have in mind the establishment of the year-by-year evolution of the national and international ICT market, as well as the impact it generates on the economy and everyday life. \u0000The importance of the theme for research and for the business environment consists in the fact that increasingly in recent years the ICT field represents in the business environment an important pillar in the digitization and automation of services. Digitization means a large number of tools that make work more efficient within a company. \u0000The novelty of the paper's theme would consist in measuring the impact of the influence of the ICT industry on the perception of everyday life, studying the growth of the national and international ICT industry, as well as its impact on the business environment. \u0000 \u0000[1] In order to protect the identity of the company and the statistical data used in this work, we chose not to disclose the real name of the company where we conducted the case study.","PeriodicalId":114591,"journal":{"name":"Annals of Spiru Haret University. Economic Series","volume":"58 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133974929","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"EVALUATING TURNAROUND STRATEGIES AND ORGANIZATIONAL PERFORMANCE IN A SMALL BUSINESS–A STUDY OF EKO SUPPORT SERVICE LIMITED.","authors":"S. S. Ajemunigbohun","doi":"10.26458/2316","DOIUrl":"https://doi.org/10.26458/2316","url":null,"abstract":"Numerous associations today experience authoritative decay sooner or later in their life cycles as a result of both outside and inside factors. Much of the time, associations face decline when they neglect to perceive and adjust to outer and interior tensions that compromise the association's presence. The reaction to such circumstances is quite often a significant amount of work to \"turn the organization around\". This study seeks to examine the effects of turnaround strategies on organizational performance of Eko Support Service Limited. The researcher used a structured questionnaire to collect data. The population of the study was 400 and a sample of 200 respondents was obtained via the Taro Yamane formula. The data collected were analyzed using descriptive statistics such as simple percentages and the relationship between the variables of the model was tested using linear regression analysis. The study found that there is a positive and significant effect of diversification strategy on market share (R2 = 0.127, at p<0.05) and the F-Value yielded 9.335. The result of hypothesis 2 also indicates a positive significant effect of retrenchment strategy on profitability (R2 = 0.388, at p<0.05) and F-Value yielded 60.793 and lastly, top management re-organization strategy has a significant effect on organizational efficiency (R2 = 0.116, at p<0.05) and F-Value yielded 13.034. The study, therefore, concludes top-level management have significant roles to play indecision-making and conceptual skill regarding turnaround strategies and their applicability. The study recommends that top management re-organization in terms of structure, people, leadership, and organizational culture should be given priority in times of distress as this has proven to be a measure to improve organization efficiency.","PeriodicalId":114591,"journal":{"name":"Annals of Spiru Haret University. Economic Series","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128877969","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Abiodun Samuel Isayomi, O. Omodunbi, Bamidele P. Abalaba
{"title":"INCOME INEQUALITY, CLIENTELISM AND GOVERNANCE: IMPLICATIONS FOR SOCIOECONOMIC DEVELOPMENT IN WEST AFRICA.","authors":"Abiodun Samuel Isayomi, O. Omodunbi, Bamidele P. Abalaba","doi":"10.26458/2318","DOIUrl":"https://doi.org/10.26458/2318","url":null,"abstract":"Genuine redistribution of income is usually not commonplace in underdeveloped democracies. Instead, politicians in these democracies often target private, excludable and reversible benefits at the poor in exchange for electoral support. This electoral strategy often results in a situation where maintenance of political power or re-election becomes the focus of public policies instead of public welfare. This study investigated the main and interaction effects of income inequality and clientelism on government effectiveness in West African Countries from 1996 to 2020. The study objectives were achieved using pooled mean group (PMG) approach of the panel autoregressive distributed lag (ARDL) estimation technique and the Dumitrescu Hurlin panel causality test. Findings from the study revealed that clientelism enhances government effectiveness at higher levels of income inequality but inhibits government effectiveness at lower levels income inequality. The study findings also revealed positive relationship and uni-directional causality between income inequality and clientelism. The study concluded that government effectiveness which thrives on lower levels of income inequality and clientelism is beneficial to socioeconomic development; and that socioeconomic development and government effectiveness is interdependent and mutually reinforcing.","PeriodicalId":114591,"journal":{"name":"Annals of Spiru Haret University. Economic Series","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125141517","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Sensitivity Analysis between Lagrange Multipliers and Consumer Budget: Utility Maximization Case","authors":"H. Mohajan, Devajit Mohajan","doi":"10.26458/2319","DOIUrl":"https://doi.org/10.26458/2319","url":null,"abstract":"In this paper sensitivity analysis between Lagrange multipliers and total budget is discussed. The method of Lagrange multipliers is a very useful and powerful technique in multivariable calculus. In mathematical economics, utility is the vital concept that increases or decreases overall happiness of the consumers. This study tries to discuss utility maximization policy of an organization by considering two constraints: budget constraint and coupon constraint. In this article, an attempt has been taken to achieve the best result through the application of scientific method of optimization.","PeriodicalId":114591,"journal":{"name":"Annals of Spiru Haret University. Economic Series","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129807176","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The role of workplace friendship in cultural intelligence and quality of work-life: A cross-sectional study","authors":"Sunday Samson Babalola, Chiyem Lucky Nwanzu","doi":"10.26458/23110","DOIUrl":"https://doi.org/10.26458/23110","url":null,"abstract":"The purpose of this study is to examine the effect of cultural intelligence (CI) and workplace friendship (WPF) on the quality of work-life (QWL) of individual workers and to examine whether WPF mediates the relationship between CI and QWL between employees of the same nationality, but of different ethnic groups working in government-owned organisations. A cross-sectional study was conducted among 161 employees using self-report measures. Data analysis was performed using two statistical procedures (the Harman single factor test and the correlation matrix) to assess the presence of a common-method variance (CMV) bias in the data collected for this study. Theoretical propositions and empirical observations offered plausible explanations for WPF's mediating role in the CI-QWL relationship. The present study confirms the reliability and, to some extent, the validity of the measures in a developing economy context. However, this study also builds empirical evidence that age and gender are fewer differentiating factors in employees' work attitudes and behaviour.","PeriodicalId":114591,"journal":{"name":"Annals of Spiru Haret University. Economic Series","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131420610","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}