Quest Journal of Management and Social Sciences最新文献

{"title":"Assessing CSR of the Business Sector to Energy for all in Nepal","authors":"R. Bista","doi":"10.3126/qjmss.v4i1.45874","DOIUrl":"https://doi.org/10.3126/qjmss.v4i1.45874","url":null,"abstract":"Background: In Nepal, the existing energy divide with 80 percent off the grid population is extreme, despite the global agenda of energy for all (SDG7). Eradicating this energy barrier to reduce poverty and inequality, SDG 7 advocates renewable energy for an off-the-grid rural population under the CSR fund. \u0000Objective: This paper examines the status of the CSR practice of the corporate sector in Nepal and the relationship between the CSR of the corporate sector and renewable energy promotion for energy for all in Nepal to reduce the off-the-grid rural population. \u0000Method: This paper employed an explorative research design. Its data sets were primary cum secondary.   \u0000Result: As a result, the CSR practice of the business sector in a developing country like Nepal is not like as three-pillar principles of CSR. Despite a good amount of profit and knowledge about CSR, the poor, random, and voluntary CSR is a big surprise and a loss of opportunity to create social value across the country. \u0000Conclusion: In the future, this corporate sector may be vulnerable to potential social and environmental crises, like the government. Therefore, CSR as an excellent economic instrument to sustain corporate activities and meet society's economic and socio-environmental responsibility is a big hope for renewable energy promotion and development to achieve SDG 7: energy for all by 2030. \u0000Originality: This paper is not published anywhere else. \u0000Paper Type: Research Paper","PeriodicalId":383816,"journal":{"name":"Quest Journal of Management and Social Sciences","volume":"45 4","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132968881","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 2015 Earthquake on Educational Attainment of Children in Nepal","authors":"N. K. Raut, B. Suwal","doi":"10.3126/qjmss.v4i1.45858","DOIUrl":"https://doi.org/10.3126/qjmss.v4i1.45858","url":null,"abstract":"Background: Natural disaster has far-reaching consequences on the economic development of low-income economies due to the damage to physical and human capital and their poor resilience toward such damages. Nepal faces such disasters at frequent intervals without much effort to account for its consequences, particularly on human capital. \u0000Objective: This study assesses the short-term impact of Nepal's 2015 earthquake on children's educational attainment. The study also conducts heterogeneous analysis to analyze how the impact varies by gender. Secondary school completion is chosen as a measure of educational attainment. \u0000Method: The study utilizes second and third rounds of household survey data taken from the Nepal Risk and Vulnerability Survey (NHRVS) conducted by the World Bank. The study uses child fixed effects combined with the difference-in-difference method to account for issues relating to identifying the earthquake's impact on educational attainment. \u0000Results: The study finds that the cohorts exposed to the earthquake had an adverse effect on the probability of secondary school completion. A heterogeneous analysis by gender further reveals that the male children experienced a significant drop in their secondary school completion probability while female children essentially had no impact. \u0000Implication: The quality of human resources depends upon the quality of health and education in any country. The findings of this research draw the attention of the policymakers to the serious consequences that natural disaster has on human capital and help make informed policy decisions not only during the recovery process but also during the planning and policy formulation stage. \u0000Originality: This paper is original and has not been published anywhere else.","PeriodicalId":383816,"journal":{"name":"Quest Journal of Management and Social Sciences","volume":"107 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122687940","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":"Nexus between Savings, Investment and Economic Growth in Nepal (1975-2020): Evidence from ARDL Bounds Testing Approach","authors":"Tilak Singh Mahara","doi":"10.3126/qjmss.v4i1.45876","DOIUrl":"https://doi.org/10.3126/qjmss.v4i1.45876","url":null,"abstract":"Background: There are different sources of economic growth, including domestic savings for capital formation. Domestic savings mobilized into the expansion of productive capacity of an economy adds economic growth and thereby reinforces investment and savings. Gross savings and capital formation matter for the economic growth of Nepal. \u0000Objective: The study's main objective is to inspect the nexus between gross domestic saving, gross capital formation, and economic growth in Nepal. \u0000Methodology: This study uses the Auto-Regressive Distributive Lag (ARDL) approach to cointegration. Zivot-Andrews (ZA) unit root test has been used to check for a structural break in data, and the Bounds test has been carried out to explore the existence of a long-run association between variables. \u0000Results: The empirical outcomes pointed out a positive and significant long-run relationship between gross domestic savings, gross capital formation, and economic growth in Nepal. Zivot-Andrews unit root tests reveal a structural break in the data set. Causality result indicates a unidirectional linkage from gross investment to growth, economic growth to gross domestic saving, and a bidirectional linkage between gross domestic savings and gross investment. \u0000Conclusion: The study concludes that an increase in the productive capability through increased saving and investment in the productive sector helps increase the economic growth in Nepal. So, gross domestic savings, gross investment, and economic growth are associated in the long run with one structural break. \u0000Implications: The study implies that real economic growth in Nepal can be enlarged if the government of Nepal focuses on an increase in saving and make strong provisions for mobilizing and investing such savings into productive sectors of the economy. \u0000Originality: This paper is original and has not been published in other publications. Similarly, no financial support has been received while working on this paper. \u0000Paper Type: Research paper","PeriodicalId":383816,"journal":{"name":"Quest Journal of Management and Social Sciences","volume":"63 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132637066","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 of Government's Human Capital Expenditure on Economic Growth of Nepal: An ARDL Approach","authors":"Nabaraj Gautam","doi":"10.3126/qjmss.v4i1.45865","DOIUrl":"https://doi.org/10.3126/qjmss.v4i1.45865","url":null,"abstract":"Background: Quality health services, education and training, play a pivotal role in expanding the productivity and income of the people. The government's expenditure on education, health and social sector is increasing rapidly in developing countries like Nepal. The increasing public spending has helped achieve the MDGs targets and is helping to meet the SDGs targets. \u0000Objectives: This study is engrossed in measuring the impact of the government’s expenditure on education, health and social sector on the economic growth of Nepal. \u0000Methods: The fundamental Cobb-Douglas production function is applied to measure the economic growth of the Nepalese economy. The unit root and stationarity of variables are checked through ADF, PP and KPSS. The time series econometric model of ARDL is used to explore the short-run and long-run relationship of the variables. The validity of the ARDL model is also examined to verify the authenticity of the econometric outcome. \u0000Results: The study has anticipated that the government's education expenditure is inversely related to real GDP. In contrast, the health expenditure has shown a negative impact in the same year but a positive one in the lagged year. Similarly, the government's social expenditure and gross capital formation have a negative effect on the same year, whereas they exhibited a significant positive impact in the lagged year. Further,  In the long run, the government's education and health expenditures negatively impact (-0.7233 and -0.0055), respectively in, growth. Similarly, the government's social sector expenditure (0.20189) and gross capital formation (0.14610) positively impact Nepal's economic growth. \u0000Conclusion: The econometric results of this study explain that the government's expenditure on the education and health sector has a negative impact on economic growth, and the social sector and gross capital formation have a positive impact on the economic development of Nepal. The investment in such sectors by the public sector of the private sector is significant to increase the labour force's productivity and enhance the livelihood of the poor people. Further, it reveals that the human capital investment is a continuous process and takes a generation or more to expose the outcome in the real sense.","PeriodicalId":383816,"journal":{"name":"Quest Journal of Management and Social Sciences","volume":"34 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115890583","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":"Relationship between Training Effectiveness and Work Performance: Mediation of Workplace Environment","authors":"R. Chapagain, S. Gurung, Deepesh Ranabhat, S. Adhikari, Pramisha Gurung","doi":"10.3126/qjmss.v4i1.45867","DOIUrl":"https://doi.org/10.3126/qjmss.v4i1.45867","url":null,"abstract":"Background: There is widespread agreement that training and performance are positively associated in the prior studies. However, there is a lack of empirical evidence to establish the mediating role of the workplace environment in the relationship between training and performance. \u0000Objectives: The purpose of the study was to examine the relationship between training effectiveness and work performance and the mediating role of the workplace environment. \u0000Methods: We used consecutive sampling to select respondents, adopting a descriptive cross-sectional research approach with a sample of 205 Nepalese commercial bank employees across five different commercial banks. To assess the role of the workplace environment in the relationship between training effectiveness and work performance, a self-administered structured questionnaire with 12 items was developed. Data were analyzed using SPSS and analysis of moment structures. The characteristics of the respondents were examined using descriptive statistics such as frequency distribution, and the link between training effectiveness and performance was measured using mean value analysis. Exploratory factor analysis was used to identify the factor structure of the measure used in the study and examine internal reliability. Confirmatory factor analysis and structural equation modeling were used to demonstrate the link between the three components, test the hypothesis, and mediation effect.  \u0000Results: The findings of training related data indicated that 45.4% of the respondents perceived that training was highly influential, 60.0% were satisfied with the training provided, 43.9% of the respondents reported that their organization focus on both on and off-the-job training, 57.6% felt that training is crucial and 82.4% perceive that training has improved their performance and respondents positively perceived the relationship between training effectiveness and work performance. The exploratory factor analysis revealed that items on work performance, workplace environment, and training effectiveness have higher internal reliability. The hypothesis test results showed a positive association between training effectiveness, job performance, workplace environment, and work performance, and training effectiveness has the highest impact on work performance. Similarly, the results also depicted that the workplace environment mediates training effectiveness and work performance.  \u0000Conclusion: The study concluded that the more effective the training, the better the employees’ work performance. As a result, greater emphasis requires improving the context and process of training from the employees’ perspective. The study also concluded that the workplace environment affects training effectiveness and work performance. Therefore, it is essential to note that Nepalese organizations should provide practical training and create a favorable work environment for better work performance. ","PeriodicalId":383816,"journal":{"name":"Quest Journal of Management and Social Sciences","volume":"48 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125847024","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’ Preference on Consumption of Brandy among Other Alcoholic Beverages in Kathmandu Valley, Nepal","authors":"Rajendra Maharjan, Niranjan Devkota, S. Mahapatra, U. R. Paudel, S. Parajuli, U. Bhandari, Dipendra Karki","doi":"10.3126/qjmss.v4i1.45866","DOIUrl":"https://doi.org/10.3126/qjmss.v4i1.45866","url":null,"abstract":"Design/Methodology/Approach: This cross-sectional study obtained data from 269 respondents using purposive sampling. We use self-administrative survey technique to collect the data and applied structured questionnaire. Binary logistic regression is applied for analyzing the factors determining the brandy consumption in Kathmandu valley, Nepal. \u0000Purpose: This study analyzes the consumers’ preferences for brandy among other alcoholic beverages. \u0000Findings: People in Kathmandu valley were found to have low preference for brandy compared to whisky and wine. The socio-demographic study towards brandy preference showed that the people lack adequate information about brandy like brand name, raw materials used and also the alcohol content in brandy. The statistically significant positive relationship has been observed between knowing of alcohol content and the preference for brandy as well as the level of education and the brandy consumption behavior among people. \u0000Research limitations/implications: These research findings may have managerial implications, especially in hospitality industry and implications for brandy product marketing. \u0000Originality/Value: Further, the findings can help producers to produce brandy products and develop strategy for substituting whisky and wine, and help individuals make informed decisions about drinking.","PeriodicalId":383816,"journal":{"name":"Quest Journal of Management and Social Sciences","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123659233","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":"Political Disorders and Economic Growth Nexus during 1960-2020: An Empirical Analysis of South-Asian Countries","authors":"Sudan Kumar Oli","doi":"10.3126/qjmss.v4i1.45870","DOIUrl":"https://doi.org/10.3126/qjmss.v4i1.45870","url":null,"abstract":"Background: The election is a process of transferring power and authorities to lead the public position in democratic practice. This process not only hands over the power for the decision making but also introduces changes in the governing system that influence either way to the individual, firms, community, society, and the entire nation through various governing tools. An election affects the economic system from within and outside in south-Asian countries. Therefore, the south-Asian economy keeps tracking the different types of elections to adjust their economic system accordingly grounded on the level of its harm and benefits. Academic research can provide a directional understanding of how the election can influence the economy. \u0000Objective: The major objective of this study is to examine the impact of the national election on the economy in South Asian countries.  \u0000Methods: This study has employed the panel data of five major south-Asian countries: Bangladesh, India, Nepal, Pakistan, and Sri Lanka, from 1960 to 2020. We collected the series of data from the World Bank database and the official websites of respective countries. The data were empirically analyzed using the difference-in-difference (DID) method and descriptive statistics. \u0000Results: An empirical analysis result shows a positive role of the national election in South Asia except for Pakistan. Further, this study also indicates that the coefficient of different-in-difference is positive, indicating a positive impact of the first Constituent Assembly Election-2008 on economic growth in Nepal. However, this analysis also shows that the national election before the Constituent Assembly (CA) Election-2008 had a more significant positive impact on economic growth than the post-CA elections in Nepal.  \u0000Conclusions: Overall, this study concludes that the national election has a positive impact on economic growth in South Asia except for Pakistan, but the degree of influence depends on the socio-political and economic structure of the respective country in the region. \u0000Implications: The findings of this paper would be useful for scholars interested in a sociopolitical economy in the south Asian region and equally valuable for the policy stakeholders.","PeriodicalId":383816,"journal":{"name":"Quest Journal of Management and Social Sciences","volume":"8 12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127514306","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":"Effect of Cognitive Biases on Investment Decision Making: A Case of Pokhara Valley, Nepal","authors":"Bharat Ram Dhungana, Sandhya Bhandari, Deepak Ojha, L. Sharma","doi":"10.3126/qjmss.v4i1.45868","DOIUrl":"https://doi.org/10.3126/qjmss.v4i1.45868","url":null,"abstract":"Background: Behavioral finance deals with the study of psychological influences on investors and financial markets. Investors commonly perform investment analysis through fundamental and technical analysis. The behavior of the investment market originates from the principles of psychological decision-making that explains the reasons behind buying and selling stocks.   \u0000Objectives: This paper aims to examine the effect of cognitive biases on investment decisions in Pokhara Valley, Nepal. The effect of five cognitive biases, such as availability, anchoring, overconfidence, herd instinct, and regret aversion, is measured on rational investment decision-making.  \u0000Methods: This study is based on primary data sources using non-probability (convenience method) sampling techniques. There are seven brokerage houses in Pokhara valley, and researchers selected 179 respondents involved in stock market investment. Both descriptive and inferential analyses were made to analyze the data.  \u0000Results: The study discovers a link between irrationality in financial decision-making and availability, overconfidence, and herd instinct biases, but anchoring and regret aversion biases had no effect on irrational investment decisions. However, though all the biases have a positive relationship with an irrational investment decision, overconfidence bias has the highest impact. Regret aversion bias has the least impact on investment decisions in comparison to the other four biases.  \u0000Conclusion: The investors and the policymakers should focus on finding the cognitive biases and various de-biasing methods to eradicate those biases throughout investment decision-making. The findings of this study have a number of implications for investors, brokers, and governments who aim to stimulate stock market investment.","PeriodicalId":383816,"journal":{"name":"Quest Journal of Management and Social Sciences","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115227342","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":"Escaping The Middle Income Trap: Challenges to be Confronted by Asian Economies","authors":"Anup Paudel","doi":"10.3126/qjmss.v4i1.45871","DOIUrl":"https://doi.org/10.3126/qjmss.v4i1.45871","url":null,"abstract":"Background: Several developing nations that effectively moved from low to middle-income status are subsequently caught within the middle-income trap because of the recurring economic expansion. In this situation, what should policymakers do? \u0000 Objective: The article attempted to examine the essential factors that can substantially influence Asian nations' ability to avoid sinking into the middle-income trap. Finally, the research looked at factors that help Asia's high-income countries stop getting into this trap as their economies develop. \u0000 Method: The paper examines the elements that are crucial for Asian economies and should deter them from slipping towards the middle-income trap using qualitative as well as quantitative methods. \u0000 The analysis section consists of two sections: a descriptive analysis of the time patterns of different variables based on nineteen Asian economies from 1990 to 2014, and empirical research using panel regression and a panel probit regression analysis using the countries' income status as a binary variable to devise a possible policy recommendation. \u0000 Result: According to studies, technological improvements, infrastructure development, and the demographic dividend are far more essential variables for overcoming the middle-income trap are technical improvements, infrastructure development, as well as the demographic dividend. Furthermore, governments in this area should implement optimal macroeconomic policies in order to promote growth without compromising economic stability. \u0000 Conclusion: This study concludes that three main emphasis points should be examined when the middle-income trap needs to get addressed in the Asian region's high-income nations' growth path. They are appropriate R&D investments indicating technical advancement in research and innovation, development and realization of \"soft\" and \"hard\" infrastructure, and optimal use of the demographic dividend.","PeriodicalId":383816,"journal":{"name":"Quest Journal of Management and Social Sciences","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123798540","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":"Study on Factors Influencing Perceived Advertising Values among Customers of Automotive Companies in the Kathmandu Valley","authors":"Gaurav Ojha","doi":"10.3126/qjmss.v4i1.45863","DOIUrl":"https://doi.org/10.3126/qjmss.v4i1.45863","url":null,"abstract":"Background: This study examines the perceived advertising value of customers associated with social media advertisements disseminated by automotive companies in Kathmandu valley. In the context of the Nepalese automobile market, automotive companies engage and interact with their existing and potential customers on different social media platforms. However, there is a marketing research gap in understanding the advertising value customers associate withsocial media advertisements. \u0000Objective: This research paper aims to examine factors that influence perceived advertising value for both existing and potential customers of automotive companies associated with andexpect from social media advertisements disseminated by automotive companies. \u0000Methods: The final sample of this study consists of 120 customers existing and potential (N=120) automotive companies forboth new and reconditioned vehicles in Kathmandu Valley. Besides, in this study, cross-sectional quantitative research design and descriptive and inferential statistics have been used to report data analysis and findings. \u0000Results:  The findings of this study indicate that information, credibility, and entertainment, have a significant influence on advertising value customers associate with and expect in social media advertisements of automotive companies in Kathmandu valley \u0000Implication: The study concludes that enhancement in information, credibility, and entertainment also enhances the perceived advertising value of automobile customers. Therefore, as marketing research, this study recommends automobile dealer agencies in Kathmandu valley integrate entertainment, credibility, and information elements when developing content for their social media advertisements.To fulfill customer expectations, social media advertising needs to include content that is rich in information, appears, and comes across as credible to customers with entertaining elements that positively engagethe audience.","PeriodicalId":383816,"journal":{"name":"Quest Journal of Management and Social Sciences","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124137566","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}