International Journal of Management and Enterprise Development最新文献_第8页

Commercial and social activities of Indonesian Islamic banks: do they relate? 印尼伊斯兰银行的商业和社会活动:它们有关联吗?

International Journal of Management and Enterprise Development Pub Date : 2022-09-18 DOI: 10.20414/jed.v4i2.5584

Budi Sukardi, Muhammad Alan Nur, Fachrurazi Fachrurazi, Fuad Dhiya Ul Husaen, Eko Asmanto

{"title":"Commercial and social activities of Indonesian Islamic banks: do they relate?","authors":"Budi Sukardi, Muhammad Alan Nur, Fachrurazi Fachrurazi, Fuad Dhiya Ul Husaen, Eko Asmanto","doi":"10.20414/jed.v4i2.5584","DOIUrl":"https://doi.org/10.20414/jed.v4i2.5584","url":null,"abstract":"Purpose — This study investigates the relationship between commercial and social activities in Indonesian Islamic banks.Method — This study employed a Panel Vector Error Correction Model (PVAR) model with Impulse Response Function (I.R.F), Variance Decomposition (V.D.C), and Granger Causality. Observations were conducted from 2010 to 2020 on eight Islamic banks in Indonesia, representing 72.72 percent of the total Islamic banking population in Indonesia. The collecting of data pertains to the yearly financial report. Social activities are based on the amount of zakat fund distribution (ZKT) and benevolence fund distribution (DKB). Commercial activities are based on Islamic banking financial ratios that are proxied by Return on Assets (ROA), Financing to Deposit Ratio (FDR), and Non-Performing Financing (NPF).Result — The results showed that social activities in Indonesian Islamic banks are influenced by their commercial activities, but it does not apply vice versa. In other words, there is a one-way relationship between commercial and social activities in Indonesian Islamic banks.Contribution — This study contributes by studying the relationship between commercial and social activities by using the PVAR model with the analysis of Impulse Response Function (I.R.F), Variance Decomposition (V.D.C), and Granger Causality which so far have not been explored.","PeriodicalId":35485,"journal":{"name":"International Journal of Management and Enterprise Development","volume":"4 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79112094","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

The impact of board composition on shareholder wealth creation: evidence from public companies in Sri Lanka 董事会构成对股东财富创造的影响:来自斯里兰卡上市公司的证据

International Journal of Management and Enterprise Development Pub Date : 2022-08-09 DOI: 10.20414/jed.v4i2.5350

M. R. Rooly

{"title":"The impact of board composition on shareholder wealth creation: evidence from public companies in Sri Lanka","authors":"M. R. Rooly","doi":"10.20414/jed.v4i2.5350","DOIUrl":"https://doi.org/10.20414/jed.v4i2.5350","url":null,"abstract":"Purpose — This research aims to examine the impact of board composition on shareholder wealth in line with the agency and resource dependency theory approach due to the poor corporate governance practices leading to investors' lack of confidence. Method — The study samples included companies listed on the Colombo Stock Exchange in Sri Lanka. The banks and financial institutions were excluded from this study. The study period consists of seven years, and a final sample of 175 companies was selected for the analysis. E-View 9 statistical software was used to test the association between Board composition-related variables and shareholder wealth. Result — The findings revealed that board size, separate leadership structure, and proportion of non-executive directors on the Board positively influence shareholder wealth. At the same time, a separate leadership structure also tends to enhance the shareholder wealth of companies. It is noted that a large board and a higher proportion of non-executive directors on the Board would benefit shareholders, which supports the theoretical prediction of agency and resource dependency theories and the code of best practices on corporate governance in Sri Lanka. The result related to women's representation on the Board does not significantly influence shareholder wealth since the gender balance was not prioritized in Sri Lankan listed companies. Recommendation — The findings provide valuable information to professionals and policymakers to develop a framework for corporate governance systems. It is also advisable to consider the gender balance on board affairs. Corporate governance mechanisms are considered important factors in protecting shareholder interests at large. Contribution — There were few studies in Sri Lanka that specifically examined corporate governance best practices and their impact on firm performance, but no single study directly addresses the shareholder wealth of listed companies in Sri Lanka. This study is intended to fill in this gap.","PeriodicalId":35485,"journal":{"name":"International Journal of Management and Enterprise Development","volume":"27 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-08-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89305525","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

Has economic growth reduced poverty in Nigeria? A critical analysis of the last two decades 经济增长是否减少了尼日利亚的贫困?对过去二十年的批判性分析

International Journal of Management and Enterprise Development Pub Date : 2022-08-09 DOI: 10.20414/jed.v4i2.5506

Tikristini Olasode, C. Eke, Olalekan Oluwabunmi Olaleye

{"title":"Has economic growth reduced poverty in Nigeria? A critical analysis of the last two decades","authors":"Tikristini Olasode, C. Eke, Olalekan Oluwabunmi Olaleye","doi":"10.20414/jed.v4i2.5506","DOIUrl":"https://doi.org/10.20414/jed.v4i2.5506","url":null,"abstract":"Purpose — This paper aims to examine how Nigeria's economic growth over the past two decades has contributed to poverty reduction.Method — This study adopted the desktop research method of qualitative and quantitative data and used various sources, including academic journals, publications, books, articles, and reports. The National Bureau of Statistics (NBS) of Nigeria, the United Nations Development Programme (UNDP), the Human Development Report, the World Bank Indicators, and the Central Bank of Nigeria (CBN) Statistical Bulletin are all places where secondary statistical data comes from.Result — Nigerian economy has experienced significant growth over the last two decades, but poverty rates in the country remain high. We also discovered that the Nigerian economy's high level of inequality, corruption, jobless growth, and monocity are some issues that have hindered the translation of economic growth into significant poverty reduction.Recommendation — Based on the analysis of this research and the peculiarity of the Nigerian economy, this paper recommends that diversification of the economy, investment in public services, and policies that encourage pro-poor growth are effective strategies that would lead to more significant poverty reduction. In addition, there is a need to study the nature of inequality in Nigeria. An in-depth study needs to be done on income inequality and the multidimensional forms of inequality prevalent in the country.Contribution — Research on economic growth and poverty in Nigeria mostly concentrated on the relationship between these variables. Only a few studies have investigated why the poverty rate continues to rise amid economic growth. This study tries to fill this gap and contribute empirically to the current literature on economic growth and poverty in Nigeria by studying the economic situations and factors surrounding the country's rising poverty rate.","PeriodicalId":35485,"journal":{"name":"International Journal of Management and Enterprise Development","volume":"114 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-08-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83465809","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

Modelling the nexus between income inequality and shadow economy in Nigeria 模拟尼日利亚收入不平等与影子经济之间的关系

International Journal of Management and Enterprise Development Pub Date : 2022-08-09 DOI: 10.20414/jed.v4i2.5486

S. B. Adegboyega, I. Odusanya, J. Ogede, F. Ajayi

{"title":"Modelling the nexus between income inequality and shadow economy in Nigeria","authors":"S. B. Adegboyega, I. Odusanya, J. Ogede, F. Ajayi","doi":"10.20414/jed.v4i2.5486","DOIUrl":"https://doi.org/10.20414/jed.v4i2.5486","url":null,"abstract":"Purpose — This paper aims to examine the relationship between the shadow economy and income inequality in Nigeria.Method — The paper employed Autoregressive Distributed Lag (ARDL), Fully Modified Ordinary Least Square (FMOLS), and Granger causality. This methodology is used to avoid endogeneity and heterogeneity in the model. This paper gauged income inequality using two diverse indicators of the Gini coefficient: the Gini index in proportion to household disposable income and the Gini index in proportion to household market income. In accordance with the literature, our empirical analysis draws on data from the Standardized World Income Inequality Database (SWIID), the World Bank, World Development Indicators, and the International Country Risk Guide (ICRG) for Nigeria from 1991 to 2018.Result — The findings of ARDL and FMOLS suggested a positive relationship between income inequality and the shadow economy, based on both measures of income inequality. In the short term, however, the shadow economy and income inequality are negatively correlated. Furthermore, we discovered a one-way causal relationship exists in Nigeria between the shadow economy, household disposable income, institutional democracy, household market income, and corruption control (CCI).Recommendation — Shadow economy has been regarded as an avenue to create job opportunities and raise poverty-income levels. It is critical that, for the shadow economy to reduce income inequality in Nigeria, policymakers should develop much better policies aimed at addressing income inequality.Contribution — In order to understand the relationship between income inequality and shadow economy activities in Nigeria, this study employed three methodologies, namely: Autoregressive Distributed Lags (ARDL), Fully Modified Ordinary Least Squares (FMOLS), and Granger Causality. The result offers reliable recommendations for pro-poor interventions that aim to limit the growth of informality via redistributing incomes. ","PeriodicalId":35485,"journal":{"name":"International Journal of Management and Enterprise Development","volume":"74 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-08-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80612219","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

Analyzing the responsiveness of non-Bank financial institutions in digital marketing: a case study of Islamic cooperatives in West Nusa Tenggara, Indonesia 非银行金融机构在数字营销中的响应性分析:以印度尼西亚西努沙登加拉伊斯兰合作社为例

International Journal of Management and Enterprise Development Pub Date : 2022-05-24 DOI: 10.20414/jed.v4i1.5142

Riduan Mas'ud, Baiq El Badriati, Muhammad Azizurrohman

引用次数: 0

The role of behavioral bias on financial decision making: a systematic literature review and future research agenda 行为偏见在财务决策中的作用:系统的文献回顾和未来的研究议程

International Journal of Management and Enterprise Development Pub Date : 2022-05-17 DOI: 10.20414/jed.v4i1.5102

Umu Rosyidah, H. Pratikto

{"title":"The role of behavioral bias on financial decision making: a systematic literature review and future research agenda","authors":"Umu Rosyidah, H. Pratikto","doi":"10.20414/jed.v4i1.5102","DOIUrl":"https://doi.org/10.20414/jed.v4i1.5102","url":null,"abstract":"Purpose — This paper aims to analyze current research trends, identify theoretical perspectives, and identify research topics of behavioral bias in financial decision-making in the future.Research method — To perform bibliometric analysis, this article uses a systematic literature review, as well as content analysis. This article uses a total of 51 publications between 2018 and 2022 as the sample for the literature review, directed by PRISMA. The tool used in analyzing bibliometrics is VOSviewer. Meanwhile, content analysis is conducted to build theoretical perspectives and proposed future research agendas.Result — This systematic review explains the number of articles per year, most influential articles, leading journals, leading countries, leading authors, important keywords, and research cluster networks. Besides, this article also discovers seven behavioral biases that can be analyzed to gain a theoretical perspective on behavioral bias. The seven behavioral biases are Heuristic Bias, Self-Attribution Bias, Framing Bias, Herding Bias, Aversion Bias, Disposition Effect, and Overconfidence Bias,. In the scientific mapping analysis, important keywords are obtained, and the author's research cluster network is to discover topics that rarely researched to be offered in future research.Recommendation/significance/contribution — In contrast to previous studies of behavioral bias, which were dominated by survey-based research, this paper provides a different reference by using a systematic literature review method that provides coverage of the main research issues and theoretical arguments about behavioral bias in financial decisions. In addition, this paper offers new ideas about potential research fields by identifying studies in developing countries that are still rarely carried out compared to developed countries.","PeriodicalId":35485,"journal":{"name":"International Journal of Management and Enterprise Development","volume":"436 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-05-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83643555","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

Does financial inclusion reduce income inequality in South Sumatra, Indonesia? 普惠金融是否减少了印尼南苏门答腊岛的收入不平等?

International Journal of Management and Enterprise Development Pub Date : 2022-04-26 DOI: 10.20414/jed.v4i1.4853

S. Andaiyani, Nazeli Adnan, Yunisvita, M. Riswan

{"title":"Does financial inclusion reduce income inequality in South Sumatra, Indonesia?","authors":"S. Andaiyani, Nazeli Adnan, Yunisvita, M. Riswan","doi":"10.20414/jed.v4i1.4853","DOIUrl":"https://doi.org/10.20414/jed.v4i1.4853","url":null,"abstract":"Purpose — To analyze the impact of financial inclusion toward income distribution inequality in South Sumatra, Indonesia.Research method — The analysis method in this paper is panel regression model. This methodology is used to avoid bias specifications in the model. This paper applied three dimensions of financial which are financial penetration, access to financial services and use of financial services. The data was taken from the Financial Services Authority, Central Bank of Indonesia and the Central Statistics Agency. The data was time series from 2010-2017 and cross section from 9 rural and urban in South Sumatra, Indonesia.Result — The result showed that each district in South Sumatera has divergent degree of financial inclusion index. The degree of financial inclusion index in city area has a relatively higher financial index than hinterland areas. Based on the result of estimations, the impact of financial inclusion index on income inequality is positive and significant. This evidence proved that financial inclusion does not reduce income inequality in South Sumatra, Indonesia.Recommendation — Financial institutions are more motivated to lend to groups like farmers, the impoverished, and small and micro businesses. It is vital for the government to provide more fair financial services amongst regencies and cities.","PeriodicalId":35485,"journal":{"name":"International Journal of Management and Enterprise Development","volume":"31 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91169742","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

Empirical study on international tourism and economic growth of Thailand: an ARDL - ECM bounds testing approach 国际旅游与泰国经济增长的实证研究:基于ARDL - ECM的边界检验方法

International Journal of Management and Enterprise Development Pub Date : 2022-04-26 DOI: 10.20414/jed.v4i1.4793

Rahmatullah Pashtoon, Zakirullah Zaki, Naqibullah Haqbin

{"title":"Empirical study on international tourism and economic growth of Thailand: an ARDL - ECM bounds testing approach","authors":"Rahmatullah Pashtoon, Zakirullah Zaki, Naqibullah Haqbin","doi":"10.20414/jed.v4i1.4793","DOIUrl":"https://doi.org/10.20414/jed.v4i1.4793","url":null,"abstract":"Purpose — To examine the impact of tourism on economic growth in Thailand.Research method — This study was conducted using the Autoregressive Distributed Lag (ARDL) bounds testing approach, performed between 1995 and 2018.Result — The analysis finds out that there is a long-run cointegration in the data. The ECM approach is applied, and the results conclude that the long-run cointegration exists. However, the model depicts that there is not any significant positive relation between FDI and economic growth. The study results showed that the positive impact of tourism in the short term is extremely low, relative to that of the long term. The study results indicate that tourism's optimistic short-term effect is slightly smaller than in the long-term. This can be because certain government restrictions and other exogenous factors hinder the arrival of visitors in Thailand in the short term. Therefore, the government needs to resolve these constraints concerning trade, transportation, taxes, allocation of capital, and environmental risks to attract further tourism visitors and thus improve Thailand's economic growth.","PeriodicalId":35485,"journal":{"name":"International Journal of Management and Enterprise Development","volume":"81 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73884552","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

Conditional Cash Transfer (CCT) and national development in Nigeria: emerging pitfalls and pathways to results 尼日利亚有条件现金转移支付(CCT)与国家发展:新出现的陷阱和取得成果的途径

International Journal of Management and Enterprise Development Pub Date : 2022-04-26 DOI: 10.20414/jed.v4i1.4911

Chima Paul

{"title":"Conditional Cash Transfer (CCT) and national development in Nigeria: emerging pitfalls and pathways to results","authors":"Chima Paul","doi":"10.20414/jed.v4i1.4911","DOIUrl":"https://doi.org/10.20414/jed.v4i1.4911","url":null,"abstract":"Purpose — This paper addresses the pitfalls in conditional cash transfer in Nigeria and suggested the best practices to enhance the performance of the social policy instrument in Nigeria.Research method — This paper is library research which evaluates the issue at stake using documentary evidence from secondary means of data collection such as textbooks, journal articles, newspapers and so on.Result — The paper found that conditional cash transfer in Nigeria is characterized with several anomalies. These among others identified in the study include diversion of funds by the beneficiaries for purposes other than investing in what it was originally meant for, the improper definition of exit and entry period (a period of one year is allowed in Nigeria) and this translates to nothing meaningful. It was found that beneficiaries are randomly selected in Nigeria, thus leading to obvious errors of exclusion and inclusion.Recommendations — This paper recommends among others that a formidable system of entry and exit rules, monitoring and evaluation mechanism, cash disbursement mechanism as well as grievance redress mechanism be put in place as practised in other climes. These systems will no doubt enhance the service quality, value for money, transparency and accountability of the social protection policy, culminating in the social-economic development of the Nigerian states.","PeriodicalId":35485,"journal":{"name":"International Journal of Management and Enterprise Development","volume":"6 4 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90782257","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

Impact of dynamic capabilities and firm characteristics on the firm performance of Vietnamese small and medium-sized retail enterprises 动态能力和企业特征对越南中小零售企业绩效的影响

International Journal of Management and Enterprise Development Pub Date : 2022-01-01 DOI: 10.1504/ijmed.2022.10044558

N. Nguyên, Ngoc Bich Dang, Tommi J. Tapanainen, K. Dao, Hai Nguyen Thi Thanh, Hue The Nguyen

引用次数: 2