{"title":"Islamic financing options for SMEs- role of Islamic banks","authors":"Haouam Djemaa","doi":"10.18844/GJBEM.V8I3.3625","DOIUrl":"https://doi.org/10.18844/GJBEM.V8I3.3625","url":null,"abstract":"Small Medium Enterprises (SMEs) have significant role in employment creation and growth of gross domestic products of developing country. In developing countries, they represent the majority of employment. SMEs constitute the overwhelming majority of firms. Globally, SMEs make up over 95% of all firms, account for approximately 50% of GDP and 60%–70% of total employment. However, in order to grow and contribute more significantly to the economy, SMEs face some constraints. One of the main constraints faced by SMEs is the lack of finance. Islamic bank financing products may help to solve this problem. The Islamic participatory schemes, such as mudarabah and musyarakah, integrate assets of lender and borrowers; therefore, they allow Islamic banks to lend on a longer-term basis to projects with higher risk-return profiles and, thus, to support economic growth.However, as Islamic banks try to avoid uncertainties, the mentioned schemes are not widely used. Therefore, support from government and academia needed to create innovation in the participatory financing scheme so that all related parties can share mutual benefits. The purpose of this paper is to investigate the main challenges to Islamic finance for SMEs. This paper will help to deepen understanding of the concepts of Islamic finance as well as SMEs. In addition to evaluate how Islamic financial institutions can support SMEs. \u0000 Keywords: Islamic Finance,Islamic Banks, Small and Medium Enterprises","PeriodicalId":152312,"journal":{"name":"Global Journal of Business, Economics and Management: Current Issues","volume":"22 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-11-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116163248","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}
Radu Gabriel, S. María, Hostiuc Marinela, Bulescu I. Alexandru, Purcarea Lorin Victor
{"title":"The efficiency of marketing strategies in health care - using social vouchers and coupons","authors":"Radu Gabriel, S. María, Hostiuc Marinela, Bulescu I. Alexandru, Purcarea Lorin Victor","doi":"10.18844/gjbem.v8i3.3649","DOIUrl":"https://doi.org/10.18844/gjbem.v8i3.3649","url":null,"abstract":"Introduction: Marketing strategies in the field of health care represent the health care organizations’ attitude towards the marketing environment and also their conduct in relation to its components. In this case, the product being sold is the medical service provided to the patient.Purpose of study: The purpose was to determine the efficiency of social voichers and coupons for marketing strategies.Methods: We have conducted a retrospective study using 2 groups of patients .In group A were included 220 patients of a dental clinic who have received 330 vouchers with 25% discount with the purpose of promoting medical services, by four different marketing strategies (E- mail, websites, distribution of coupons in the dental office and office area).In group B, 124 people were included, who have acquired vouchers through the internet for a free consultation and dental scaling. 142 vouchers were sold and 124 patients turned up, with an average age of 32.1 years. The 220 patients from group A were asked to complete a four-question survey, which allowed us to evaluate the effectiveness of the applied strategies. After the dental appointment, 97 patients from the group B were informed they require further treatment.Findings and results: The patients' response to recommendations was the marker for evaluating the marketing strategies.Conclusions: There are many marketing strategies. Through this study we wanted to evaluate their effectiveness in the case of a private medical practice, aiming to obtain patients’ loyalty, to increase the number of patients and performed treatments. We consider that the significant number of enrolled patients gives the study relevancy, analysing various promoting techniques. \u0000Keywords: marketing strategies, dental clinic, coupons, vouchers, discount, patients","PeriodicalId":152312,"journal":{"name":"Global Journal of Business, Economics and Management: Current Issues","volume":"443 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-11-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115957678","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":"Duality—concept, data and twin goals in Ghanaian firms","authors":"S. Arhin, Justice Paul Donkor","doi":"10.18844/GJBEM.V8I3.1026","DOIUrl":"https://doi.org/10.18844/GJBEM.V8I3.1026","url":null,"abstract":"Abstract : Pragmatically, there has been hot debate on the new wave of strategic governance in duality as a concept from Business perspective. Critics argue sharply and blamed Management inappropriately for utilizing duality model to achieve corporate goals. Nevertheless, there is a school of thought that believes that duality model negatively or positively impacts the corporate performance especially at the top-level of management hierarchy. Few of the authors think it has no impact whether the duality model is adopted or not by Top-level management. The purpose of this study examines the duality model as a concept and its dual goals from the Ghanaian context. Specifically this study focus on measurement of the impact of duality model behavior of organizations in Ghanaian community. This study also aims to measure the application of the duality concept in relation to the three models : Technology acceptance model (1999), agency theory by Ullmann (1985), institutional theory by Dominic (2010).This research uses primary data from thirty prominent organizations in Ghana, which have used the model in duality roles .Questionnaire were sent to top level management in these organizations to collect Primary data .Responses were categorized and analysis was performed on data that was collected , to determine data reliability and usefulness. The result indicates that duality model is perceived to be easy and less expensive to use and most of the managers in duality role perform better than individual managers in separate roles. Based on the research findings, managerial implications and directions for future research are discussed.","PeriodicalId":152312,"journal":{"name":"Global Journal of Business, Economics and Management: Current Issues","volume":"150 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-11-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123216140","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":"Success of Family Company: Critical Evidence from the Portugal","authors":"Anastasia Murinova, V. Koráb","doi":"10.18844/GJBEM.V8I3.3526","DOIUrl":"https://doi.org/10.18844/GJBEM.V8I3.3526","url":null,"abstract":"Abstract \u0000During the last time, the attention to a phenomenon of family business steadily grows. Today this form of business is considered to be a vital and needful for economic development. Despite this, the basic theory of family business is heterogeneous, limited and insufficient. The purpose of this paper is to define the sense of family company’s success. The object of research is family business as an economic phenomenon. There is a double subject of this study: firstly, to find out the main indicators and information resources about successful companies can be detected and, secondly, to analyze one representative family company managed by several generations as a case study for identifying its key success factors. This qualitative research was prepared on the basis of general theoretical scientific methods, in particular, analysis, synthesis, analogy, comparison, generalizations and methods of expert estimates. In the first phase, secondary research of scientific literature and electronic resources about the paper topic was conducted. On the base of that results, the primary research was conduct, which is based on analysis of family wine company Quinta de Santa Eufemia in Portugal. That research part has the form of a case study. Based on the received information, the key success factors were identified. The sources of that research are internet web-pages of the company, articles about the company in magazines and scientific journals form Emerald database, reports of the company and financial data from Amadeus database, in-depth interview with a family member of a family company representative. The scientific acquisition of this research is improving understanding of a family company’s success from the perspective of difficulties faced by a family company and the way of overcoming obstacles. The results of this study allowed to find a main point for the family company’s success based on literature review. In addition, the activity of Quinta de Santa Eufemia was analyzed as the case study for critical evidence of that phenomenon. This study has contributed to the theoretical part of family business research providing a significant step to providing insight the family company’s success and its main factors which influence an effective functioning of a family company. \u0000 \u0000Keywords: family company, success, winery, family business","PeriodicalId":152312,"journal":{"name":"Global Journal of Business, Economics and Management: Current Issues","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-11-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126340715","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 Relationship Between Knowledge Management and Workforce Productivity with a Mediator Role of Strategic Human Resource Management in Gilan Ports and Maritime Administration","authors":"Ali Sayad Ghobadi","doi":"10.18844/gjbem.v8i3.3796","DOIUrl":"https://doi.org/10.18844/gjbem.v8i3.3796","url":null,"abstract":"Human resources as the key organizational resources, time efficient effect will be to work with management strategic vision. In a knowledge-based organization, increasing productivity through knowledge management.This is an applied research with descriptive research method and correlational. The statistical population of the province of Gilan Ports and Maritime Administration employees 500 people, In order to determine the sample size, morgan table was used according to which the sample size was calculated to be 220.Descriptive statistics and frequency for Software SPSS16 and inferential analysis of structural equation modeling software, SMART PLS2.0 method is used. The results showed good fit of the model created by the overall fit of 0.64. Load factor higher than 0.4 were obtained for these variables and structures, enjoyed good reliability and validity.","PeriodicalId":152312,"journal":{"name":"Global Journal of Business, Economics and Management: Current Issues","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-11-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126352112","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":"Corporation culture in businesses and innovation management","authors":"Mustafa Tandoğan","doi":"10.18844/GJBEM.V8I2.3528","DOIUrl":"https://doi.org/10.18844/GJBEM.V8I2.3528","url":null,"abstract":" “Change”, typically speaking, whether planned or not, is transformation of a system (humans or organizations), progress or environment from a circumstance to another in certain conditions . Change also represents the qualities that organizations and humans have changing dimensions. Change is a fundamental characteristic of every human society. Heraclius said “Nothing is permanent except change.” To change, in a way, is life itself. Whether we want it or not, change is always on our footstep. Change, as it can on a personal basis, can be on a corporation, social, national or universal basis as well. In other words, change is seen on every stage of life. Social change is change within the structure of a society. As for organizational change, it expresses all manner of change that can take place within various subsystems and factors of an organization and relations between them. “Innovation”, however, is a process of change, but not every change is an innovation. If the change is original and contributes to efficient and economic implementation of objectives to the system its changes, it can be counted as innovation. With this quality innovation is a more narrow-scoped concept than change. While change can be in a positive or negative way, innovation can only be positive. \u0000Key Words : Corporate Culture ,Innovation Management ,Innovation","PeriodicalId":152312,"journal":{"name":"Global Journal of Business, Economics and Management: Current Issues","volume":"138 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-07-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123941515","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":"Message from Editor","authors":"C. Bektas","doi":"10.18844/GJBEM.V7I3.2950","DOIUrl":"https://doi.org/10.18844/GJBEM.V7I3.2950","url":null,"abstract":"Dear Readers, \u0000It is the great honour for us to publish eighth volume, third issue of Global Journal of Business, Economics and Management: Current Issues. \u0000 \u0000Global Journal of Business, Economics and Management: Current Issues is an international, multi- disciplinary, peer-refereed journal which aims to provide a global platform for professionals working in the field of business, economics, management, accounting, marketing, banking and finance and scholars and researchers to share their theoretical, empirical and practical knowledge on current issues in the area of business, economics and management. \u0000 \u0000The scope of Global Journal of Business, Economics and Management: Current Issues includes; but is not limited to current issues on; Accounting, Advertising Management, Business and Economics, Business Ethics, Business Intelligence, Business Information Systems, Business Law, International Finance, Labor Economics, Labor Relations & Human Resource Management, Law and Economics, Management Information Systems, Business Law, Business Performance Management, Business Statistics, Communications Management, Comparative Economic Systems, Consumer Behavior, Corporate Finance and Governance, Corporate Governance, Cost Management, Management Science, Market Structure and Pricing, Marketing Research and Strategy, Marketing Theory and Applications, Operations Research, Organizational Behavior & Theory, Organizational Communication, Prices, Business Fluctuations, and Cycles, Product Management, Decision Sciences, Development Planning and Policy, Economic Development, Economic Methodology, Economic Policy and so on. \u0000 ","PeriodicalId":152312,"journal":{"name":"Global Journal of Business, Economics and Management: Current Issues","volume":"51 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-07-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121979108","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}