{"title":"Productivity and Efficiency of Banking Sector in Nepal","authors":"Kishor Hakuduwal","doi":"10.53056/njmsr-2019.001.2","DOIUrl":"https://doi.org/10.53056/njmsr-2019.001.2","url":null,"abstract":"The paper aims to analyze the productivity and efficiency of banking sector in Nepal. Using systematic random sampling, 20 banks including both commercial and development are selected. The 180 observations of nine year’s panel data from FY 2006/07 to FY 2014/15 has been used. Stochastic Frontier Approach is used taking three input variables i.e. capital, deposit and human resource cost, and one output variable i.e. loans and advance of sampled banks for analysis. The study found that the productivity of human resource, deposit and capital is significant. The joint venture banks are the most efficient than private and Government owned banks. The commercial banks are more efficient than development banks. The study has important implications for the policy makers to take corrective actions for improving the productivity and efficiency of banking sector in Nepal.\u0000\u0000Keywords: Productivity, Efficiency, Stochastic Frontier approach, Panel data, Banking sector","PeriodicalId":350680,"journal":{"name":"Nepalese Journal of Management Science and Research","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124672803","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 Reinsurance on Performance of Nepalese Insurance Companies","authors":"Rajendra Maharjan","doi":"10.53056/njmsr-2019.001.4","DOIUrl":"https://doi.org/10.53056/njmsr-2019.001.4","url":null,"abstract":"Reinsurance is considered as backbone of the insurance industry in developed and developing countries as it indirectly injects capital and Nepalese insurance companies are no exception. Thus, this study is aims to find out whether the use of reinsurance arrangement lead to positive effect or not? Three portfolios have been formed life, nonlife and industry. The study used 11 years unbalanced cross sectional secondary data from 2007/08 to 2017/18. The sample of the study consists of seven from life and nine from nonlife with 138 firm years’ observations. The dependent variable performance is measured by profitability (ROA and ROE) and solvency while reinsurance ceded as explanatory variable. Capital employed and size of the firm are considered as control variables. The study employed descriptive cum causal comparative research design. Regression analysis has been performed to see the effect of reinsurance on firm performance.\u0000\u0000The result depicts that reinsurance has a positive and significant impact on performance of insurance companies. This finding indicates that reinsurance improves the cost efficiency of primary insurers. Further, reinsurance is a complement for capital in order to enhance solvency while negative relation indicating solvency of the insurers increases with the level of used reinsurance, to the extent that reinsurance and capital can be substitutes of each other. Thus, this study concludes that primary insurers can benefit from reinsurance as its relief on capital, diversify risk and in turn helps to earn profitability by sharing the risk with reinsurers.\u0000\u0000Key words: Reinsurance, Profitability, Solvency, Capital, Premium","PeriodicalId":350680,"journal":{"name":"Nepalese Journal of Management Science and Research","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125347092","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":"Customs Duty Evasion Issues in Nepal","authors":"Gautam Maharjan","doi":"10.53056/njmsr-2019.001.7","DOIUrl":"https://doi.org/10.53056/njmsr-2019.001.7","url":null,"abstract":"The main objective of this study is to identify the magnitude of issues relating to customs duty evasion in Nepal. Judgmental sampling technique has been applied with the total of 819 respondents: 421 from business communities and 398 from government officials. Descriptive statistics and compare mean test has been used for the data analysis. From the ranking analysis, it is concluded that respondents are more serious on the issue of ‘difficulties in managing open border’, ‘ambiguous customs policy’ and ‘poor infrastructure and inconvenient location’ which were ranked first, second and third respectively. However, the respondents become less serious in the issue of ‘poor technology adoption’ which is ranked last (seventh). The mean scores on each issue were above three and it indicates that the respondents agree on seriousness of the customs duty evasion. However, the mean difference test across business communities and government officials on each issue were found to be significantly different as the mean scores for business communities were higher. Identification of the seriousness on the issues of customs duty evasion in this study could be advantageous for the revenue planner to make newer customs policy.\u0000\u0000Key Words: Customs duty evasion, Open border, Customs policy, Infrastructure and location, Technology","PeriodicalId":350680,"journal":{"name":"Nepalese Journal of Management Science and Research","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130589851","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}
Luigi Fici, Pavel Malyzhenkov, Maurizio Masi, F. Rossi
{"title":"International Experience in Business Processes Improving on the Base of Architectural Approach","authors":"Luigi Fici, Pavel Malyzhenkov, Maurizio Masi, F. Rossi","doi":"10.53056/njmsr-2019.001.5","DOIUrl":"https://doi.org/10.53056/njmsr-2019.001.5","url":null,"abstract":"Standardization is the pinnacle of the quality management instruments, which is vital for satisfying customer needs and ensuring sustainable development of business. The ISO 9001:2015 (Quality Management Systems, QMS) standard requires organizations to use the process approach. This paper proposes to use architectural approach for analysis and improvement of business processes for implementation of the ISO 9001:2015 standard.\u0000\u0000Keywords: business process, enterprise architecture, architectural approach, ISO 9001:2015, quality management system, standardization","PeriodicalId":350680,"journal":{"name":"Nepalese Journal of Management Science and Research","volume":"210 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116013122","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":"Consumers Attitude towards Ads on Social Media","authors":"Biraj Ghimire, Bharat Singh Thapa, S. Dahal","doi":"10.53056/njmsr-2019.001.6","DOIUrl":"https://doi.org/10.53056/njmsr-2019.001.6","url":null,"abstract":"The purpose of the study was to investigate influence of advertisement traits on attitude towards Ads on social media and intention to use them for purchase decision. The study used Structural Equation Modeling (SEM) to examine the relationship. The validity and reliability of the constructs were evaluated using exploratory factor analysis (EFA). The EFA was conducted using Principal Component Analysis and Varimax Rotation Method. 7 factors explained 67% of variation. The result also showed sampling adequacy with Kaiser-Meyer-Olin (KMO) test and Bartlett’s Test of Sphericity indicated that sample of 255 was appropriate for factor analysis. The result provided a justifiable range of construct reliability and discriminant validity. Consequently, structural model was developed. Confirmatory Factor Analysis was conducted to test the goodness of the model. The result indicated that advertisement contents on social media with informative and entertaining were more likely to be used by the consumers. Similarly, favorable attitude towards Ads on social media had a positive intention to use the message for purchase decision.\u0000\u0000Key words: Marketing, Attitude, Ads on social media, Consumers, Factor analysis, Message","PeriodicalId":350680,"journal":{"name":"Nepalese Journal of Management Science and Research","volume":"109 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132037107","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}