International Journal of Professional Business Review最新文献

{"title":"The Effect of Budgetary Control on Organisational Performance in Small and Medium Enterprises (SME) in Somalia","authors":"Fadumo Abdullahi Ali, Hasmaizan Binti Hassan, Mohd Rizuan Abdul Kadir","doi":"10.26668/businessreview/2023.v8i12.4119","DOIUrl":"https://doi.org/10.26668/businessreview/2023.v8i12.4119","url":null,"abstract":"Background: Emphasising the significance of organisational performance in Somali SMEs, this study highlights the crucial role of budgetary control in boosting their business operations. It emphasises the need for proficient budget planning, monitoring, and evaluation to enhance these enterprises' operational efficiency and strategic decision-making, particularly in a challenging economic and institutional environment.   Purpose: This study aims to investigate the impact of budgetary control on the organisational performance of Small and Medium Enterprises (SMEs) in Somalia. Specifically, it assesses how budget planning, monitoring, and evaluation influence the operational effectiveness of these enterprises in a challenging economic environment.   Methodology: The study employed a quantitative research design to analyse the impact of budgetary control on SMEs in Somalia, utilising structured online questionnaires for data collection. A sample size of 375 SMEs from Mogadishu was determined using the Slovene formula, and the data were analysed using the Statistical Package for Social Scientists (SPSS), focusing on descriptive statistical techniques. The analysis included measuring central tendency and dispersion of variables, such as budget planning, monitoring, evaluation, and organisational performance, to establish correlations and assess the hypotheses.   Social and Practical Implications: The implications of this study suggest that robust budgetary control practices in SMEs can significantly contribute to Somalia's economic development and stability by enhancing organisational efficiency and decision-making in a challenging business environment.","PeriodicalId":31480,"journal":{"name":"International Journal of Professional Business Review","volume":"33 8","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139148307","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":"Social Control From the Perspective of Agency Conflict in the Public Sector","authors":"Hugo Leonardo Menezes De Carvalho, Rodrigo Silva Diniz Leroy","doi":"10.26668/businessreview/2023.v8i12.4191","DOIUrl":"https://doi.org/10.26668/businessreview/2023.v8i12.4191","url":null,"abstract":"Purpose: This work has the general objective of analyzing how transparency, as an instrument of social control, can act as a mitigating element of agency conflict.   Theoretical Background: The present study is based on the theoretical assumption that the presence of greater social control reveals a greater level of society's control over public managers, reducing agency conflicts. To validate this assumption, Transparency will be analyzed as one of the control instruments, since, in a scenario of greater social control, managers tend to be more transparent and there is a better social environment.   Methodology: A quantitative methodology was used with correlation between the Transparency Index (IT), carried out by the Federal Public Ministry, with other social data, such as the socioeconomic indicators of the States (Human Development Index – HDI, Per Capita Income – RPC and Gini Index -GINI) and the number of police investigations against public administration opened in the States.   Results and Conclusion: It was possible to note that the Transparency Index analyzed is significantly correlated, with a positive sign, to the indicators of wealth and socioeconomic development, signaling possible evidence that more developed and richer locations tend to be more transparent.   Research Implications: The study advances in the verification of social control factors and the agency conflict that exists in the public sector, a fact still little explored in previous national literature.   Originality/Value: The lack of social control over the actions of its representatives ends up contributing to weak control in the effective solution of the agency conflict that exists in the public sector.","PeriodicalId":31480,"journal":{"name":"International Journal of Professional Business Review","volume":"45 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139149721","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":"Investigating Digital Financial Literacy and its Impact on SMEs’ Performance: Evidence From Indonesia","authors":"R. Kusumawardhani, N. K. Ningrum, Risal Rinofah","doi":"10.26668/businessreview/2023.v8i12.4097","DOIUrl":"https://doi.org/10.26668/businessreview/2023.v8i12.4097","url":null,"abstract":"Purpose: This study aims to measure the impact of digital resources and digital adoption on Indonesian SMEs’ digital financial literacy. Subsequently, the impact of digital financial literacy on financial performance is also tested. This study employs quantitative approach.   Theoretical Framework: Although previous studies about financial literacy in the Indonesian context has been carried out a lot, but the majority is related to individual/personal and household financial decision-making little research has linked financial literacy with decision-making in SMEs. Research on financial literacy in the Indonesian context has also been carried out which is linked to the latest trends in digitalization, but this research focuses more on one issue, namely financial technology (fintech)   Design/Methodology/Approach: A causal study is used to examine the causal relationship between related variables by conducting hypothesis testing. A quantitative approach by distributing questionnaires directly to respondents is used as the primary data.  In this study, SPSS Version 28 was used for data screening and profiling of respondent SMEs. Partial Least Square-Structural Equation Modelling (PLS-SEM) with the Smart-PLS 3 software, including measurement and structural models testing, was used to test the proposed hypothesis.   Findings: This study reveals that SMEs which possess better digital resources has no impact on proficiency of digital financial literacy. Meanwhile, the SMEs which have better in digital adoption have better in term of digital financial literacy. As expected, the digital financial literacy has positive and significant impact on financial performance.   Research, Practical & Social Implications: This study offers valuable insights from a managerial perspective that are applicable. Accordingly, the managers of SMEs should focus on selecting the appropriate digital portfolio to optimize their degree of digital financial literacy, since this study has demonstrated that digital adoption raises digital financial literacy.   Originality/Value: This study adds to the body of knowledge regarding contemporary issues pertaining to digital financial literacy. The study's key result is that SMEs who use digital technologies typically have higher levels of digital financial literacy. This has an additional benefit in that these SMEs typically do better financially.","PeriodicalId":31480,"journal":{"name":"International Journal of Professional Business Review","volume":"64 10","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139149587","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":"Modeling Firm Value on Infrastructure, Utility, and Transportation Companies","authors":"Sukirno, Anintyas Prihandini","doi":"10.26668/businessreview/2023.v8i12.3997","DOIUrl":"https://doi.org/10.26668/businessreview/2023.v8i12.3997","url":null,"abstract":"Purpose: This study aims to model the effect of liquidity, leverage, profitability, and firm size on firm value in infrastructure, utilities, and transportation companies listed on the Indonesia Stock Exchange in 2018-2021.   Theoretical Framework: Based on signal theory (Spence, 1973), companies usually try to give signals through positive information in their financial reports to potential investors. This positive signal is expected to provide positive feedback from the company. According to Rizqia & Sumiati (2013), a positive signal from the company is expected to provide positive benefits for the company so that it can provide high value for the company.   Design/Methodology/Approach: This research was a quantitative approach involving 43 infrastructure, utility, and transportation companies listed on the Indonesia Stock Exchange from 2018 to 2021. The data were analysed with a data panel regression.   Findings: The results of this study indicate: (1) Liquidity has no effect on firm value. (2) Leverage has no effect on firm value. (3) Profitability affects firm value. (4) Firm size has no effect on firm value. (5) Liquidity, leverage, profitability, and firm size simultaneously affect firm value.   Research, Practical & Social Implications: The reserch findings imply that in modeling firms’ value, investors as researchers are recommended to use a careful consideration and fit factors.   Originality/Value: The results confirm the previous research that liquidity, leverage, and size have no effect on firm’s value but profitability. Nevertheless, it is recommended to the future reseach to employ a bigger sample size and consider any controlling or mediating variables affecting firms’s value.","PeriodicalId":31480,"journal":{"name":"International Journal of Professional Business Review","volume":"64 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139149315","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":"Foreign Investments and Stock Market: Evidence From Palestine","authors":"Samih Mohammad Yousef Yousef","doi":"10.26668/businessreview/2023.v8i12.4189","DOIUrl":"https://doi.org/10.26668/businessreview/2023.v8i12.4189","url":null,"abstract":"Purpose: This study aims to examine the association between the different forms of inbound foreign investments and the Palestine Exchange (PEX) index to shed light on the nature of that impact.   Theoretical Framework: Several academic studies have examined stock market index factors. Chen, Roll, and Ross's (1986) seminal study on macroeconomic conditions and U.S. stock returns provides an example. Interest rate, inflation, industrial production, risk premium movements, and dividend yield positively explain expected stock return. Abusharbeh and Karim (2016) found that interest and consumer price index positively affect banking and investment firm profits on The Palestine Exchange (PEX). Shahbaz (2013) examined how foreign direct investment affects Pakistan's stock market. Results supported foreign direct investment's stock market complementarity.   Design/Methodology/Approach: The market index and panel quarterly data for inward foreign investments are used in this study. From 2009 to 2022, end-of-quarter data were collected on total inward foreign investments, their sub-components (direct investments, stock portfolio investments, and currency and deposits in Palestine), and the market index (Al-Quds index) closing value. Fifty-six observations were gathered.   Findings: The study found that the overall model integrating all three types of inward foreign investments significantly explains the market index. Foreign portfolio investments (FPI) are significantly associated with the stock market index. However, the results showed that inward foreign direct investments (FDI) and foreign deposits and currency investments (FCI) have no significant impact on the stock market index, indicating that they do not complement or substitute each other.   Research, Practical & Social Implications: This study can help the stock market, regulators, and policymakers create incentives and regulations to attract different forms of inward foreign investments. It also examines why foreign direct investments (FDI) and foreign deposits and currency investments do not complement or substitute stock market development.   Originality/Value: This study provides empirical evidence on the impact of the different forms of foreign investment in Palestine on the stock market. Further research is recommended to explore additional variables that might be significant, such as market capitalization and market volume.","PeriodicalId":31480,"journal":{"name":"International Journal of Professional Business Review","volume":"119 18","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139154771","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 Impact of Strategy Implementation Practices on Entrepreneurial Orientation Through Emotional Intelligence/ an Applied Study at the University of Information and Communication Technology – Baghdad","authors":"Hameed Salim Alkaabi, Belqis Nagy Aajeel, Mujahid Mutlaq Abdul Rahman","doi":"10.26668/businessreview/2023.v8i12.4188","DOIUrl":"https://doi.org/10.26668/businessreview/2023.v8i12.4188","url":null,"abstract":"Purpose: The current paper aims to reach to verify the existence of the impact of strategic implementation practices and emotional intelligence in the entrepreneurial orientation of the University of Information and Communication Technology in Baghdad.   Theoretical Framework: The main purpose of the theoretical framework is to identify all dimensions and variables of strategy implementation practices, entrepreneurship, and emotional intelligence, and thus form a deep scientific vision of the study and its variables.   Design/Methodology/Approach: The main tool was to distribute a questionnaire to a sample of (50) of the advanced, intermediate and lower leadership cadres in order to conduct statistical analysis according to the (SPSS v25) program on it.   Findings: The results of the statistical analysis of the data that there is an impact relationship between the implementation of the strategy by its exclusion (stakeholder participation, resource mobilization, knowledge development, and culture management), in the entrepreneurial orientation, which confirms that the leadership of the organization in question depends clearly on its capabilities in the correct implementation of the strategies formulated by it.   Research, Practical & Social Implications: Three basic variables used in the paper fore dimension used to implementation practices, fore dimensions used for emotional intelligence and one dimension for entrepreneurial orientation.   Originality/Value: The contribution of the paper lies in the possibility of implementing Strategies that serve organizations in formulating their entrepreneurial orientation, whose reflection contributes to the success of the research community directly or through different concepts such as emotional intelligence.","PeriodicalId":31480,"journal":{"name":"International Journal of Professional Business Review","volume":"92 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139154343","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":"New Connections Between Integrated Reporting and Intellectual Capital: Future Research Implications in the Context of Sustainability-Related Information","authors":"C. Ficco, E. E. Herrera-Rodríguez, Hugo A. Macias, Jonathan Luna-Valenzuela","doi":"10.26668/businessreview/2023.v8i12.4095","DOIUrl":"https://doi.org/10.26668/businessreview/2023.v8i12.4095","url":null,"abstract":"Purpose: The objective of this study was to identify new links between Integrated Reporting (IR) and Intellectual Capital (IC) fields, useful for sustainability and climate change disclosures with ISSB standards.   Theoretical Framework: The literature that has integrated IC and IR fields has been developed, mainly from the IC research perspective, addressing a wide range of thematic specializations that emerge when analyzing the research areas.   Design/Methodology/Approach: We developed a Structured Literature Review (SLR) of articles indexed in Scopus, which allowed us to build a specific analytical framework from emerging categories; we rely on AtlasTi and VOSviewer software.   Findings: We found that the literature converges towards the following research areas: Reviews and reflections on the IR framework as a means for IC disclosure; Proposals to improve the IR framework and IR disclosures through IR; The IR framework and definition, measurement, and management of IC within organizations; disclosures of CI in contexts of practical adoption of RI; Disclosure of IC through IR, its determinants, and effects.   Research, Practical & Social Implications: We identified the need to advance research under a performative approach, research on stakeholder satisfaction by revealing IC through IR and the relationship of IC with information related to sustainability in the new ISSB context. The paper identifies previously unexamined connections between IC and IR and proposes future avenues of research.   Originality/Value: This study raises the need for increased policy research to define a common language for presenting comparable IC information in ISSB sustainability reports. In addition, studies are needed to help identify IC information, other IR capital and metrics, which could represent material information for investors to assess sustainability-related risks and opportunities.","PeriodicalId":31480,"journal":{"name":"International Journal of Professional Business Review","volume":"17 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139164376","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 Impacts of the English Language and the Leadership Style on Learning Outcomes at Jazan University","authors":"Mona Yahya Ali Aboghebra, Priya Rao","doi":"10.26668/businessreview/2023.v8i12.3698","DOIUrl":"https://doi.org/10.26668/businessreview/2023.v8i12.3698","url":null,"abstract":"Aim: This study aims to identify the best leadership style applied by the business school lecturers that has improved students' performance and their willingness to pursue studies in marketing in the English language at Jizan University.   Theoretical Framework: The current study was designed to verify and validate students' current knowledge and their performance when the module is taught in English. Based on the constitutive theory of creativity, this study developed a theoretical model with transformational, empowering, authoritative, and participative leadership as independent variables.   Methodology: Students were selected by simple sampling technique and were issued a leadership-style questionnaire to aid the data collection. The validity of the questionnaire was checked, and Cronbach alpha was measured high with a value of 0.75, respectively.   Research, Practical, and Social Implications: The result of this study suggests that maximum students were satisfied with the leadership style of teaching applied in business school and were prepared to pursue a major in marketing with English as a primary language. Statistical significance was noted between the English language and teaching style in all four phases. The result of current study supports that the major marketing subjects and modules should be taught in English language. This could help students to pursue their future in international business and marketing. Eventually, helping them to develop better prospects.   Originality/Value: Within the limitations of this study, it could be concluded that females are exploring their career choices in marketing and are positive in pursuing further prospectus in this field with the English language as a major.","PeriodicalId":31480,"journal":{"name":"International Journal of Professional Business Review","volume":"80 4‐5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139163697","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":"Key Teaching Competencies for Success in Family Businesses: a Strategic Approach in Higher Education","authors":"Juan Chávez Medina, Norma Angélica Santiesteban López, María Vanessa Romero-Ortiz, Felipe Machorro-Ramos","doi":"10.26668/businessreview/2023.v8i12.4018","DOIUrl":"https://doi.org/10.26668/businessreview/2023.v8i12.4018","url":null,"abstract":"Purpose: The main objective of the study is to develop essential teaching skills for the successful management of family businesses, proposing a strategic teaching plan that covers everything from student training to the creation and effective management of these companies, contributing to economic growth and meeting social demands.   Theoretical Framework: The theoretical framework highlights the importance of preparing students to manage family businesses, focusing on specialized instructors. It underlines the crucial role of family businesses in economic growth and argues that proper training can reduce failure rates in this type of business.   Design/Methodology/Approach: A quantitative and qualitative methodology was used, with a descriptive-correlational approach and a non-experimental cross-sectional design. The research was carried out in Mexican universities with a sample of 180 professors. Data collection included surveys and interviews, assessing key competencies such as communication, leadership, problem-solving, and financial management.   Findings: The results indicate that, according to the teachers surveyed, the most relevant competencies for successful family business management include communication skills, leadership, problem-solving, teamwork, financial management, human resources, marketing, sales, innovation, and entrepreneurship. The research highlights the importance of specialized training and the need to align family and business interests.   Research, Practical & Social Implications:  It is suggested the implementation of a strategic educational program in higher education that covers from training to the management of family businesses, adapting to the changing demands of society and the business environment.   Originality/Value: The study addresses a relevant issue and proposes concrete measures to improve training in entrepreneurship and family business management in the academic field. It proposes a comprehensive strategic teaching plan, establishing the necessary competencies for teachers and providing specific guidance towards the creation and management of family businesses.","PeriodicalId":31480,"journal":{"name":"International Journal of Professional Business Review","volume":"43 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139165417","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":"Hotel Costing vs. Accounting Costing System","authors":"Andrés Paredes Murcia, Marcia Fernanda Vergara Rozo, Jorge Alexander Mora Forero","doi":"10.26668/businessreview/2023.v8i12.3723","DOIUrl":"https://doi.org/10.26668/businessreview/2023.v8i12.3723","url":null,"abstract":"Purpose: This study contrasts the costing process applied in four-star hotels in Bogota with the traditional costing systems identified and used in academic training processes.   Theoretical Framework: From the different definitions of cost, reference is always made to the necessary capital expenditures in the company, directly associated with the product or good that is produced, which must be easily identifiable and must also be recoverable at the time of sale of a product.At this point it is important to clarify that the term “cost” is understood as a measure of the consumption of resources related to the demand of the work and activities to be performed, while “expense” is a measure of consumption related to the capacity provided to perform the work, activity and/or process (Mejía & Salazar, 2015, p. 51). In a similar context, Rodriguez (2008) refers to expenditure as the cash outflow within a hotel related to sales and administration departments, and supports the relationship of the cost for manufacturing the product.   Design/Methodology/Approach: The focus of the research process was mixed, given the combination of quantitative data collected, as well as the analysis of opinions, facts and contrasts obtained in the process of collecting information that constitute qualitative notes on the latest experiences lived by the group of experts in the development of their functions within the hotels. The variables shown in Figure 3 were present in this information gathering and evaluation process.   Findings: Within the results presented, a costing system is differentiated from a costing process showing the relevant variables necessary to be called a “system”.   Research, Practical & Social Implications: The pandemic generated by Covid-19 was a limiting factor for reaching this group of hotels and caused the closure of establishments and the cessation of operations in most of the lodging companies. The research group mitigated this fact by convening a group of 17 people to a focus group, as experts, validating them through their work experience since they have held positions in hotels as accountants, cost managers and controllers.   Originality/Value: A sample of 43.3% of the four-star hotels in the city of Bogotá D.C. was used, where instruments were applied to present the results that were analyzed with context analysis matrices.","PeriodicalId":31480,"journal":{"name":"International Journal of Professional Business Review","volume":"212 S667","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139165593","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}