Journal of Business Management and Economic Research最新文献_第9页

Effect of Anchoring Heuristic on Financial Performance of Small and Medium Enterprises in Nairobi, Kenya: The mediating role of Investment Decisions 锚定启发式对肯尼亚内罗毕中小企业财务绩效的影响:投资决策的中介作用

Journal of Business Management and Economic Research Pub Date : 2020-10-01 DOI: 10.29226/tr1001.2020.223

A. Koech

{"title":"Effect of Anchoring Heuristic on Financial Performance of Small and Medium Enterprises in Nairobi, Kenya: The mediating role of Investment Decisions","authors":"A. Koech","doi":"10.29226/tr1001.2020.223","DOIUrl":"https://doi.org/10.29226/tr1001.2020.223","url":null,"abstract":"The psychological or behavioral heuristics affects investors’ way of deciding on investment and therefore affecting the financial performance of the firm. This effect varies subject to the investor’s nature which in turn affects the financial performance of the firm. Using cross-sectional data from 382 respondents of Small and Medium Enterprises within Nairobi County, the study evaluates direct effect of Anchoring Heuristic on financial performance of the SMEs in Nairobi County. Additionally, the study scrutinizes the mediational role of Investment decisions on the relationship between anchoring heuristic and financial performance of the said SMEs. The study is grounded in Heuristic theory together with Modern portfolio theory. The study used Explanatory research design and arranged the samples into strata. Data was collected using self-administered, structured questionnaires and items were grounded on a five-point Likert scale with data analysis being done using descriptive and inferential statistics. The hypotheses of the study were tested using multiple regression models and Hayes process macro. The results showed that Anchoring Heuristics significantly predicts SME’s financial performance (β= .129, p< .05) and this relationship is partially mediated by Investment decisions (β =.239, p < .001, CI=0.029, 0.112). Theoretically, the study supported the incorporation of the key heuristic factor (anchoring), and investment decisions, where the outcome of the results indicated the significant relationship in achieving financial performance of SMEs. Finally, there is need to undertake similar studies covering other geographical locations to make generalization of this study.","PeriodicalId":266089,"journal":{"name":"Journal of Business Management and Economic Research","volume":"60 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126830721","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}

引用次数: 0

Eskişehir in Alternatif Turizmi Üzerine Bir Değerlendirme

Journal of Business Management and Economic Research Pub Date : 2020-06-01 DOI: 10.29226/tr1001.2020.200

Ebru Düşmezkalender

引用次数: 1

A Research on the Determination of Religious Orientations of Consumers 消费者宗教取向的决定研究

Journal of Business Management and Economic Research Pub Date : 2020-06-01 DOI: 10.29226/tr1001.2020.201

Ferdi Akbiyik

{"title":"A Research on the Determination of Religious Orientations of Consumers","authors":"Ferdi Akbiyik","doi":"10.29226/tr1001.2020.201","DOIUrl":"https://doi.org/10.29226/tr1001.2020.201","url":null,"abstract":"Around eight billion people live in the world in different geographies, with different religions, languages, traditions, customs, and even skins and lifestyles. That the world is now a global village has removed the borders of the countries at the point of trade. In other words, a product produced in China can be offered to consumers in Canada. At this point, it is absolutely important that the products had better meet expectations, desires and needs of the consumers. By the way, religious views of consumers, that is, religions and religious orientation, can be seen as a factor which can direct the product preferences of consumers in that religions can influence the consumption habits of their members. This study was held in Isparta and Burdur sample provinces with a total of 558 participants to determine the religious orientations of consumers. The data was analyzed by applying various analyzes and statistical tests such as \"Reliability\", \"Factor Analysis\", \"T-Test\", \"Variance Analysis\" and \"Correlation Analysis\" with the SPSS 20. package program. As a result of the research, four different religious orientation of the participants emerged unlike the original scale. Last but not least, there appear a relationship between some of the demographic characteristics of consumers and their religious orientations.","PeriodicalId":266089,"journal":{"name":"Journal of Business Management and Economic Research","volume":"65 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134588395","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}

引用次数: 1

Marka Güveni ve Marka Bağlılığının Öğrencilerin Satın Alma Niyetine Etkisi

Journal of Business Management and Economic Research Pub Date : 2020-06-01 DOI: 10.29226/tr1001.2020.202

İ. Bahar

引用次数: 0

https://www.jobmer.org/2020/jobmer_vol4_issue2_article6 20full 20text.pdf https://www.jobmer.org/2020/jobmer_vol4_issue2_article6 20full 20text.pdf

Journal of Business Management and Economic Research Pub Date : 2020-04-01 DOI: 10.29226/tr1001.2020.195

I. N. Lam, A. Adeleke

引用次数: 0

Board Attributes and Financial Risk Management: Moderating Effect of Ownership Structure Among Listed Non-Financial Firms in Kenya 董事会属性与财务风险管理:股权结构对肯尼亚非金融上市公司的调节作用

Journal of Business Management and Economic Research Pub Date : 2019-12-01 DOI: 10.29226/tr1001.2020.171

T. Tarus, Joyce Komen, Joel K Tenai

{"title":"Board Attributes and Financial Risk Management: Moderating Effect of Ownership Structure Among Listed Non-Financial Firms in Kenya","authors":"T. Tarus, Joyce Komen, Joel K Tenai","doi":"10.29226/tr1001.2020.171","DOIUrl":"https://doi.org/10.29226/tr1001.2020.171","url":null,"abstract":"Markets have been distinguished by accelerated uncertainty of interest rates, foreign exchange rates, the volatility of security prices as well as fluctuations of commodity prices and, as a result, businesses face rapid vulnerability towards a broad array of corporate risks. The study aimed to examine whether ownership structure moderates the connection between board attributes and financial risk management. The target population was 67 listed firms in Kenya while the sample included 41 non-financial companies based on inclusion-exclusion criteria from 2010-2017 giving a total of 328 firm-year observation. The hierarchical binary logistic regression was utilized to evaluate the interaction conditions of the hypothesis. The findings of the research revealed that the ownership structure had a positive and insignificant moderating effect on the connection between financial expertise of the board and financial risk management (s=0.12, ρ>0.05) while independent board members and financial risk management were positively and significantly moderated by ownership structure (β=0.75, ρ<0.05). The study concludes that board financial expertise is a key determinant of boards’ ability to make firm strategic decisions while a high proportion of outside directors was detrimental to hedging activities whereas ownership structure enhanced the relationship. The study findings will be useful to investors who want to make investments in firms by understanding board attributes in relation to risk management. This research offers logical information, especially in for emerging economies on the role of ownership structure in influencing financial risk management decisions.","PeriodicalId":266089,"journal":{"name":"Journal of Business Management and Economic Research","volume":"65 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128871286","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}

引用次数: 1

İş Tatmini ve Yaşam Doyumu Bağlantısı: İstanbul - Gaziantep İlleri Örneği

Journal of Business Management and Economic Research Pub Date : 2019-11-01 DOI: 10.29226/tr1001.2020.163

Fatma Zehra Tan, Canan Yıldıran, F. F. Altintaş

引用次数: 0

Factors Affecting the Satisfaction of Non-State Enterprises When Investing in Thai Nguyen Province 影响非国有企业在太原省投资满意度的因素

Journal of Business Management and Economic Research Pub Date : 2019-11-01 DOI: 10.29226/tr1001.2020.170

B. Lương, Do Anh Tai, T. Xuân

引用次数: 1

Income Diversification and Performance: Should banks trade 收入多元化与业绩:银行是否应该交易

Journal of Business Management and Economic Research Pub Date : 2019-11-01 DOI: 10.29226/tr1001.2020.168

Peter Nderitu Githaiga, Josephat Cheboi Yegon, Joyce Kimosop

引用次数: 4

Potansiyel Medikal Turistlerin Kararını Etkileyen Motivasyon Kaynakları

Journal of Business Management and Economic Research Pub Date : 2019-11-01 DOI: 10.29226/tr1001.2020.165

Haşim Çapar

引用次数: 0