Park Odojoma Idisi, Ibrahim Herbert Dirisu, Funke Adewale, Masud Abdulafiz Bandele, Michael Olarewaju Olufemitan
{"title":"Empirical analysis of the impact of monetary policy on inflation in Nigeria","authors":"Park Odojoma Idisi, Ibrahim Herbert Dirisu, Funke Adewale, Masud Abdulafiz Bandele, Michael Olarewaju Olufemitan","doi":"10.58934/jgeb.v4i15.213","DOIUrl":"https://doi.org/10.58934/jgeb.v4i15.213","url":null,"abstract":"Based on existing theories, it is generally assumed that monetary policy can be used to regulate inflationary pressures. However, considering the numerous empirical studies that have taken place so far, conflicting evidence is inherent hence the essence of this study is to analyze this conflicting evidence with the aim of finding out the extent to which monetary policy by the Central Bank of Nigeria (CBN) has actually abated inflation in the country considering the continuous increase in the general price level of goods and services. The investigation relied on previous studies on the subject matter where it was revealed that though monetary policy particularly Open Market Operations (OMO) as a monetary Policy Tool is chief amongst the tools used in controlling inflation in Nigeria, it has really not been very effective. In the end, several recommendations were made accordingly, and the most important and urgent among them is the need for the government to put in more deliberate efforts in controlling imported inflation since Nigeria is an import-oriented nation particularly importation of refined crude, raw materials, industrial and agro-machinery and equipment, manufactured products, agro-allied products etc.","PeriodicalId":32548,"journal":{"name":"Global Journal of Economics and Business","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135809014","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":"أثر خصائص لجنة المراجعة على الإفصاح عن الأمور الرئيسة في الشركات السعودية الصناعية المدرجة في سوق المال","authors":"الهنوف عبد الله آل سرور, علي محمد عسيري","doi":"10.31559/gjeb2023.13.5.2","DOIUrl":"https://doi.org/10.31559/gjeb2023.13.5.2","url":null,"abstract":"الأهداف: هدفت الدراسة إلى التعرف على أثر خصائص لجنة المراجعة على الإفصاح عن الأمور الرئيسة في الشركات السعودية الصناعية المدرجة في سوق المال، والكشف عن العلاقة بين خصائص لجنة المراجعة والإفصاح عن الأمور الرئيسية ‏في الشركات السعودية الصناعية المدرجة في سوق المال، والتعرف على مدى وجود فروق دالة إحصائيًا حول أثر خصائص لجنة المراجعة على الافصاح عن أمور الشركة تعزى للمتغيرات الديمغرافية. المنهجية: لتحقيق الهدف الرئيس من الدراسة اتُبع المنهج الوصفي التحليلي، وتم بناء استبانة كأداة للدراسة. وتكون مجتمع الدراسة من العاملين في الشركات السعودية الصناعية المدرجة في سوق المال، وتم اختيار عينة عشوائية بسيطة مكونة من (171) من العاملين في الشركات السعودية الصناعية المدرجة في سوق المال. النتائج: توصلت الدراسة إلى توفر مستوى كبير من فقرات مثل تقرير المراجعة، استقلالية لجنة المراجعة، وجود عضو لجنة مراجعة متخصص بالأمور المالية، حجم شركة المراجعة ونوع شركة المراجعة (مالية أو غير مالية). كما تبين أنه توجد علاقة بين خصائص لجنة المراجعة (تقرير المراجعة، استقلالية لجنة المراجعة، وجود عضو مستقل للمراجعة) والإفصاح عن الأمور الرئيسية في الشركات السعودية الصناعية المدرجة في سوق المال. أيضًا تبين بوجود فروق دالة إحصائيًا حول أثر خصائص لجنة المراجعة على الافصاح عن أمور الشركة تعزى لمتغير الجنس والفروق لصالح الذكور، بينما لا يوجد فروق دالة إحصائيًا حول أثر خصائص لجنة المراجعة على الافصاح عن أمور الشركة تعزى للمتغيرات (سنوات الخبرة، المؤهل العلمي، المنطقة). الخلاصة: بناءً على هذه النتائج؛ خَلُصَت الدراسة إلى ضرورة اشتمال المراجع الرئيسية على توضيح للإجراءات التفصيلية التي يقوم بها المراجع بشكل تفصيلي ليساهم في توضيح وتحسين التقرير والعمل على استقلالية لجنة المراجعة لتحسين وزيادة قيمة المعلومات التي يتم الإفصاح عنها، وغيرها من التوصيات.","PeriodicalId":32548,"journal":{"name":"Global Journal of Economics and Business","volume":"42 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136199089","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":"أثر \"الكوتشينج\" الإداري على تعزيز القدرة الوظيفية: دراسة تطبيقية في سوق العمل السعودي","authors":"براء صلاح فطاني, بندر بن محمد الربيعي","doi":"10.31559/gjeb2023.13.5.1","DOIUrl":"https://doi.org/10.31559/gjeb2023.13.5.1","url":null,"abstract":"الأهداف: يركز البحث الحالي على دراسة أثر الكوتشينج الإداري على تعزيز القدرات الوظيفية كالقدرة على الأداء والابتكار. يفترض هذا البحث أن هناك تحولًا ملحوظًا نحو تعزيز أدوار القائد المُوَجّه والمدرب وذلك استجابةً لتحديات بيئة الأعمال المعاصرة والمتسمة بالتنافسية وحالة عدم اليقين. تساهم هذه الدراسة في إثراء الأدبيات العلمية حول تغير الأدوار التقليدية للمدير في مكان العمل، سيما أنَّ المنظمات تتجه نحو تفويض بعض مسؤوليات إدارة الموارد البشرية إلى المدراء. هذا يعني من ناحية عملية توسع مسؤولياتهم عن أداورهم التقليدية من مجرد الرقابة، والتخطيط، وتقييم الأداء إلى المساهمة الفاعلة في تدريب الموظف وتطوير مهاراته وقدراته. لهذا هدفت الدراسة إلى تحليل أثر أبعاد الكوتشينج الإداري (التواصل المفتوح، نهج الفريق، قيمة الناس، قبول الغموض، وتيسير التطوير) على القدرة الوظيفية للموظفين التابعين لهم (متمثلة في بُعدين اثنين: القدرة على الأداء، والقدرة على الابتكار). المنهجية: من أجل تحقيق أهداف الدراسة؛ قام الباحث باستخدام المنهج الوصفي التحليلي وتم تطبيقها على عينة عشوائية تكونت من (270) مفردة من العاملين في سوق العمل السعودي. النتائج: أظهرت النتائج أنه يُوجد أثر ذو دلالة إحصائية عند مستوى الدلالة ( ألفا أقل أو يساوي من 0.05) للكوتشينج الإداري بأبعاده الخمسة على القدرة الوظيفية المتمثلة في القدرة على الأداء والقدرة على الابتكار. الخلاصة: بناءً على هذه النتائج؛ خَلُصَت الدراسة إلى أنَّ المدراء الذين يمارسون الكوتشينج يتواصلون بفعالية مع موظفيهم ويعطونهم قيمة أكبر مع الحرص على تطويرهم، كما أنهم يهتمون بتعزيز نهج العمل القائم على الفريق. الدراسة أظهرت كذلك أهمية ممارسة المدراء لمهارات الكوتشينج فهي من جانب تمكنهم من إتاحة الفرصة لمرؤوسيهم في مشاركة الآراء البناءة مهما كانت تخالف وجهات نظرهم؛ مما يعزز قدراتهم الوظيفية، ومن جانب آخر فإنهم يميلون إلى تجربة الحلول المبتكرة والإبداعية في حل المشاكل التي تواجههم والميل لتشجيع مرؤوسيهم على أخذ المخاطرة وتجربة حلول جديدة؛ مما يعزز قدراتهم الابتكارية.","PeriodicalId":32548,"journal":{"name":"Global Journal of Economics and Business","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136199090","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}
Kebiat Mukuze, Pilot Ndhlovu, Vonai Chirasha, Norest Samanga, Isheunesu Darangwa, Caith M. Kurehwa
{"title":"The Impact of Marital Status on Work-Life Balance Considering Covid-19 Pandemic at Midlands State University","authors":"Kebiat Mukuze, Pilot Ndhlovu, Vonai Chirasha, Norest Samanga, Isheunesu Darangwa, Caith M. Kurehwa","doi":"10.31559/gjeb2023.13.5.4","DOIUrl":"https://doi.org/10.31559/gjeb2023.13.5.4","url":null,"abstract":"Objectives: Researchers sought to investigate how spousal relationships of employees affect the management of employment commitments and social life responsibilities during the coronavirus pandemic within a state university. Specifically, researchers desired to explore how employees struggled with work-life balance during covid-19 pandemic, ascertain any work-life balance benefits brought about by the covid-19 pandemic among host organisation employees and measure differences between marital status and level of work-life balance of employees. Methods: The study was anchored on multi-methodology research conceptualization, embedded research design, and critical realism paradigm. A sample size of 40 research subjects selected through a controlled quota sampling method was used for the study. Correspondingly, primary data was collected using a semi-structured interview guide and structured questionnaire. The main data analytical tools used were inferential statistics and thematic headings. Results: Available evidence from the study indicates that participants struggled to balance employment commitments and social life responsibilities during the coronavirus pandemic. Telecommuting resources were scarce and stumbling blocks in professional development efforts were faced. The study also revealed that the pandemic helped research subjects to improve their digital skills in the workplace. Conclusions: Given the above observational evidence, the management of the host organization might need to offer sufficient telecommuting resources and a policy framework that guides such flexible work arrangements. A holistic picture of the subject matter can also be understood through a longitudinal study design with a bigger sample size.","PeriodicalId":32548,"journal":{"name":"Global Journal of Economics and Business","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136199091","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":"Determinant of Interest in Using Financial Technology Applications","authors":"Henny Medyawati, Muhamad Yunanto","doi":"10.31559/gjeb2023.13.5.3","DOIUrl":"https://doi.org/10.31559/gjeb2023.13.5.3","url":null,"abstract":"Objectives: The aim of study was to analyze the impact of perceived usefulness, perceived ease of use, and service quality on individuals' inclination to utilize the DANA financial technology application. Furthermore, the variable exerting the most dominant influence on the intention to use the DANA financial technology application was investigated. Methods: The data used were exclusively drawn from administration of a questionnaire on 100 respondents. Non-probability and purposive sampling techniques were also employed. Data analysis included validity testing, reliability assessment, classic assumption verification, F-tests, t-tests, and the calculation of the coefficient of determination and multiple linear regression. Results: The results showed that all the independent variables analyzed, namely perceived usefulness, perceived ease of use and service quality, have a significant effect on interest in using financial technology applications. Conclusion: From these results, we suggest that the manager of DANA Financial Technology be more careful in implementing policies to increase interest in using the application so that the ease and comfort that users already feel can be maintained.","PeriodicalId":32548,"journal":{"name":"Global Journal of Economics and Business","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136199092","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":"Determinants of Housing Prices in South Africa: The Impact of Covid-19","authors":"Pradeep Brijlal, Brandon Hareb","doi":"10.31559/gjeb2023.13.5.5","DOIUrl":"https://doi.org/10.31559/gjeb2023.13.5.5","url":null,"abstract":"Objectives: The present study aims to determine the relationship between selected macroeconomic and market variables, and South African housing prices, and the influence that Covid-19 had on South African housing prices, after holding for the effect of the change in selected macroeconomic, and market variables on housing prices. Method: Housing prices were determined via the macroeconomic and market variables of economic growth, unemployment, inflation, household debt-to-income, interest rates, foreign exchange rates, stock market returns, and Covid-19. Data collected were analysed using correlation and hierarchical multiple regression tests. Results: The findings indicated that pre-existing relationships between housing prices and traditional determinants of unemployment and household debt-to-income have changed. The results also indicated that housing prices increased during Covid-19 over-and-above the expected increase attributed to changes in the other selected predictor variables. Conclusion: These results provide an updated collection of housing price predictors for practitioners to utilise post-pandemic.","PeriodicalId":32548,"journal":{"name":"Global Journal of Economics and Business","volume":"135 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136199093","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":"Building employee commitment through organizational climate in the manufacturing industry","authors":"Edith Nkem Nwabueze-Kelvin, E.E. Aruoren","doi":"10.58934/jgeb.v4i15.208","DOIUrl":"https://doi.org/10.58934/jgeb.v4i15.208","url":null,"abstract":"This study examined organizational climate and employees' commitment. To achieve the objectives of the study, three research hypotheses were formulated to guide the study. Relevant literature was reviewed anchoring on the Two-Factor Theory and Equity theory. This study adopted a survey research design. The research population in this study comprised 370 staff of Asaba Aluminum Nigeria Pic, Delta State. The researcher used the Taro Yamane formula to determine the sample size of 150 respondents. The questionnaire was the instrument used for data collection while the instrument was validated by two experts in measurement and evaluation. The instrument was administered by the researcher with the help of the supervisors in the establishment with a 100 percent retrieval rate. Data gathered was analyzed using the frequency and the percentage while the hypotheses were tested through Ordinary Least Square (OLS). The findings revealed that job autonomy has an impact on employee morale; leadership style influences employee productivity; there is a relationship between reward system and employee job satisfaction, working environment influences the behavior of the organization; role clarity affects employee commitment; career development has an impact on employee competency and that communication efficiency influences employee performance. The study recommends amongst others that the management of Asaba Aluminum Pic should be more responsive to the physical condition of the work environment such as seasoned tools, machines, and career development programs as this will enhance efficiency in production and increase the quantity of products.","PeriodicalId":32548,"journal":{"name":"Global Journal of Economics and Business","volume":"97 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135083078","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":"Accounting reforms and public financial management of federal government agencies in Bayelsa State","authors":"Confidence J. Ihenyen, Seibokuro Igali Robert","doi":"10.58934/jgeb.v4i15.202","DOIUrl":"https://doi.org/10.58934/jgeb.v4i15.202","url":null,"abstract":"The study investigates the relationship between Accounting reforms and Public Financial Management of Federal Government Agencies in Bayelsa State. The target of the study is Federal Government Agencies in Bayelsa State. The study adopts judgmental sampling techniques to select 100 respondents from the study population. A total of 100 copies of structured questionnaires were distributed to the respondents and 83 copies were effectively recovered. The study utilized descriptive statistics to analyze respondent bio-information and univariate analysis, while Pearson product moment correlation regression analysis were used to test the hypothesis formulated. The findings shows that; there is a significant relationship between treasury single account and public revenue management; that there is a significant relationship between international public sector relationship between accounting reforms and public financial management of Federal Government Agencies in Bayelsa State. The study concludes that Accounting reform is Government mechanism which enhances efficient public financial management and accountability. All Federal Government Agencies should comply and adopt international public sector accounting standard. Government should continuously review current accounting reforms and seek for alternative where there is weakness in the platform","PeriodicalId":32548,"journal":{"name":"Global Journal of Economics and Business","volume":"37 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135032124","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":"Achieving small and medium-scale performance through entrepreneurial orientation","authors":"Tolefe Gina Ovoke-Odiete, A. Anthony Kifordu","doi":"10.58934/jgeb.v4i15.206","DOIUrl":"https://doi.org/10.58934/jgeb.v4i15.206","url":null,"abstract":"This study investigated the relationship between entrepreneurial orientation and SME performance of small-scale poultry farmers. To achieve this, four object research questions and hypotheses were raised., the study used the quantitative research approach with a descriptive and causal research design. From a population figure of 669 SME business owners in Asaba, Delta, data were collected through a pilot structured questionnaire using the cross-sectional approach. Multiple regression analysis was the statistical tool used to analyze the data gathered. Findings revealed that three out of the four indicators of entrepreneurship proactiveness, entrepreneurship innovativeness, and entrepreneurship demography, have a significant positive relationship with SME performance while entrepreneurship risk-taking relationship with the dependent variable is insignificant. Based on these findings, it was concluded that entrepreneurship orientation revealed that impactful relationship with SMEs' performance, the investigation of their performance shows that entrepreneurial orientation affects small and medium scale, although the majority of the findings were concerned with the attributes of, innovativeness, pro-activeness, risk-taking and demographic factors indicates a positive relationship with SMEs performance.","PeriodicalId":32548,"journal":{"name":"Global Journal of Economics and Business","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135083255","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":"Consumer demand analysis of sugar-sweetened beverages in Nigeria","authors":"Fadhilat M. Yusuf, Gylych Jelilov","doi":"10.58934/jgeb.v4i15.212","DOIUrl":"https://doi.org/10.58934/jgeb.v4i15.212","url":null,"abstract":"Sugar-sweetened beverages (SSB) represent a leading public health concern worldwide and the World Health Organization recommends for fiscal approach, by raising prices through taxation to discourage the consumption of SSB. This study was conducted to explain the consumer demand for sugar-sweetened beverages in Nigeria. The key objective of the study is to estimate expenditure and price elasticity of demand as a first and necessary step to assess the impact of the sugar tax. Data from the 2018-2019 National Living Standard Survey (NLSS), which contains detailed information on household food and beverage consumption as well as socio-economic variables was used. The Quadratic Almost Ideal Demand System was employed for estimation. The expenditure elasticity results revealed all non-alcoholic beverages to be normal goods, sachet water is categorised as a necessity, while bottled water and all sugary drinks were revealed to be luxury beverages. Own-price elasticity for all beverages was revealed to be greater than a unit (in absolute terms), implying that the beverages are price elastic. For SSB, malt drinks and soft drinks had higher elasticity estimates of -3.21 and -2.10 respectively. Also, substitutability was observed between SSBs and sachet water. These results show that demand for SSB is price-sensitive and the effective implementation SSB- tax has the potential to discouraging consumption of SSB in Nigeria.","PeriodicalId":32548,"journal":{"name":"Global Journal of Economics and Business","volume":"42 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135084639","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}