{"title":"The Effect of Corporate Social Responsibility Disclosure on Corporate Financial Performance","authors":"Duong Thi Thu Thao, M. Lê","doi":"10.18488/journal.62.2019.65.264.288","DOIUrl":"https://doi.org/10.18488/journal.62.2019.65.264.288","url":null,"abstract":"Corporate social responsibility (CSR) is gradually turning into a critical issue in business management. Over the decades, both theoretical and empirical literature were concentrated on studying the effect of CSR disclosure on corporate financial performance (CFP). However, the results have been ambiguous and inconsistent. The purpose of this paper is to examine the relationship between CSR disclosure and CFP in Vietnamese large listed firms on short-term and long-term profitability. We performed linear regressions on the sample data to investigate the effect of CSR disclosure on corporate financial performance. CSR disclosure is measured by using a disclosure index which consists of environmental, social, economic and legal aspects. For CFP, return on assets (ROA) and Tobin’s Q ratio were employed as measures of short-term and long-term profitability respectively. The results indicated in the short run, there is no significant relationship between CSR disclosure and corporate financial performance. However, in the long run, there was a positive significant relationship between CSR disclosure and corporate financial performance. The results are encouraging since it provides empirical evidence that Vietnamese firms can be both socially responsible and financially successful. It is expected to make Vietnamese firms become more aware of the significance of CSR practice.","PeriodicalId":416720,"journal":{"name":"International Journal of Business, Economics and Management","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121282252","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}
M. R. H. Polas, Mohammad Imtiaz Hossain, Abdul Saboor Asheq, Nihad Hossain, Md. Akib Javed, Li Nianyu
{"title":"Assessing the Perceived Value of Customers for being Satisfied towards the Sustainability of Hypermarket in Malaysia","authors":"M. R. H. Polas, Mohammad Imtiaz Hossain, Abdul Saboor Asheq, Nihad Hossain, Md. Akib Javed, Li Nianyu","doi":"10.18488/journal.62.2019.65.248.263","DOIUrl":"https://doi.org/10.18488/journal.62.2019.65.248.263","url":null,"abstract":"Article History Received: 1 April 2019 Revised: 8 May 2019 Accepted: 21 June 2019 Published: 28 August 2019","PeriodicalId":416720,"journal":{"name":"International Journal of Business, Economics and Management","volume":"74 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131068475","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":"Problems of Bilateral Trade Deficit between Bangladesh and India: A 2SLS Regression Analysis","authors":"Muntasir Murshed, Syed Margub Elahi","doi":"10.18488/journal.62.2019.64.215.231","DOIUrl":"https://doi.org/10.18488/journal.62.2019.64.215.231","url":null,"abstract":"This study investigates the factors that determined the bilateral trade deficit of Bangladesh against India. The results of the Johansen cointegration test indicated that there were long-term associations between the trade deficit of Bangladesh real income levels, and the bilateral RER of both countries. Results from the two-stage least squares regression analyses indicated that a 1% increase in the real income levels of Bangladesh and India aggravated the bilateral trade deficit of Bangladesh by 4.61% and 3.98% respectively while a 1% real appreciation of the bilateral real exchange rate was found to reduce the deficit by almost 6%, ceteris paribus. Results also showed that Bangladesh faced persistent deficits in its bilateral trade balance against India due to its exports being comparatively less elastic than its imports engagements with India. The paper also sheds light on the anti-dumping policy pursued by India that has contributed to the unbalanced trade between the two economies.","PeriodicalId":416720,"journal":{"name":"International Journal of Business, Economics and Management","volume":"42 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-08-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130700322","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 Military Spending on Economic Wellbeing in Nigeria","authors":"Michael A. Akume, Gylych Jelilov, B. Akanegbu","doi":"10.18488/journal.62.2019.64.186.200","DOIUrl":"https://doi.org/10.18488/journal.62.2019.64.186.200","url":null,"abstract":"The impact of military spending on domestic output is contentious and therefore requires further analysis on a country by country basis to determine its level of significance. Nigeria’s military contributions to the Economic Community of West African States (ECOWAS) sub-region and the recent rise of various insurgencies, particularly, Jam??at Ahl al-Sunna lil-Da?awah wa al-Jih?d’ (Boko Haram) – arguably the most fatal insurgent group – has increased Nigeria’s military expenditure. This study investigates the impact of this increase in military spending on the economic well-being (measured by GDP per capita) of Nigerians using the Autoregressive Distributed Lag (ARDL) bounds testing approach to co-integration for the period from 1988 to 2017. The results suggest that there is a positive relationship between military spending and economic well-being in Nigeria. However, the impact on citizens’ wellbeing is not instantaneous as the variable is only significant after the current year spending; which does not last longer than a year. The study therefore recommends that defense spending be strategic, and that all earmarked funds for defense be deployed appropriately so that increases in wellbeing can be more long-term as opposed to lasting for only one year.","PeriodicalId":416720,"journal":{"name":"International Journal of Business, Economics and Management","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132480884","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 Transitional Relationship between Economic Growth and Exchange Rate in Ghana: An Empirical Approach","authors":"Ignatius Abasimi, Xuan Li, Seidu Mohammed","doi":"10.18488/JOURNAL.62.2019.63.174.185","DOIUrl":"https://doi.org/10.18488/JOURNAL.62.2019.63.174.185","url":null,"abstract":"Article History Received: 12 February 2019 Revised: 19 March 2019 Accepted: 1 May 2019 Published: 8 July 2019","PeriodicalId":416720,"journal":{"name":"International Journal of Business, Economics and Management","volume":"43 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-07-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123227675","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 the Impact of Business Alignment on Job Gratification in an Organization: The Case of a University in Egypt","authors":"S. Abdo, D. Edgar","doi":"10.18488/JOURNAL.62.2019.63.141.158","DOIUrl":"https://doi.org/10.18488/JOURNAL.62.2019.63.141.158","url":null,"abstract":"The purpose of this study was to investigate effects of business alignment and job gratifications of employees in a university, viewed as a corporate organization. This study examined if there was an empirically demonstrable connection between these two variables. This empirical research was conducted through a survey on a research sample of 200 employees of an Egyptian University. The results of this study found that there was no significant relationship between these two variables. However, it was found that employees’ job gratification can be sensitive to both positive and negative influences from certain business alignments and job gratification factors. The study concluded that there was relatively little impact of business alignment on job gratification while employee performance has only a very small impact on mediating relationship between business alignment and job gratification. Nevertheless, it is concluded that, in the university context, management should address, promote and monitor corporate intrapreneurship in the organization, eventually creating an organization with employees who are satisfied in their jobs. Managements in such organizations should therefore align themselves towards the promotion of corporate intrapreneurship activities by being receptive to, and by encouraging and rewarding innovative suggestions from employees.","PeriodicalId":416720,"journal":{"name":"International Journal of Business, Economics and Management","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-05-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127771117","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}
Yakubu Joy Asmau, Michael Samuel Agility, Abarshi Jemimah Amina
{"title":"Dutch Disease: Myth or Reality? An Analysis of the ARDL Model","authors":"Yakubu Joy Asmau, Michael Samuel Agility, Abarshi Jemimah Amina","doi":"10.18488/JOURNAL.62.2019.63.130.140","DOIUrl":"https://doi.org/10.18488/JOURNAL.62.2019.63.130.140","url":null,"abstract":"Article History Received: 31 December 2018 Revised: 7 February 2019 Accepted: 20 March 2019 Published: 3 May 2019","PeriodicalId":416720,"journal":{"name":"International Journal of Business, Economics and Management","volume":"49 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-05-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121321998","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 Direct Investment - Growth Linkage in Sub-Saharan Africa: Is Governance a Mediating Factor?","authors":"Fisayo Fagbemi, K. Bello","doi":"10.18488/journal.62.2019.62.111.129","DOIUrl":"https://doi.org/10.18488/journal.62.2019.62.111.129","url":null,"abstract":"In sub – Saharan Africa, weak institutions and the rising concern for improved business environment offer considerable leverage for enhancing the effectiveness of institutional framework, capital inflows, and public investment efficiency. These have put SSA in the global spotlight in recent times. Hence, the study examines the mediating effect of governance on FDI – growth nexus in 35 SSA countries between 2002 and 2017 using panel data techniques (Pooled OLS, Fixed Effects, and Panel-Corrected Standard Error’ (PCSE) estimation) and the Dynamic One – Step Difference and System GMM. Results indicate that control of corruption, political stability and regulatory quality, including governance composite index, have a positive and significant effect on economic growth, suggesting that institutions have a salutary impact on SSA economies. The findings further show that FDI inflows adversely influence growth owing to insufficient absorptive capacity that could enhance FDI effectiveness in the region. More importantly, the pervasiveness of poor governance in SSA is identified as a critical case that undermines the development of the nexus between FDI and economic growth. Thus, the study suggests that FDI – growth linkage would be enhanced by promoting a strong institutional environment that offers a good mechanism for attaining the actual FDI spillover potential through a policy framework that points the path towards cost-effective measures in SSA. Also, there should be core investment policies across African countries that would induce the private sector in consolidating government efforts and resources aimed at improving international competitiveness by diversifying the region’s economies away from a protracted commodity – based.","PeriodicalId":416720,"journal":{"name":"International Journal of Business, Economics and Management","volume":"14 2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-04-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123300806","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":"Decision-Making on Working Capital Management, Based on Industry Differences","authors":"H. Tsangari","doi":"10.18488/journal.62.2019.62.99.110","DOIUrl":"https://doi.org/10.18488/journal.62.2019.62.99.110","url":null,"abstract":"The effect of working capital components on profitability has conflicting empirical evidence, which is mostly data-driven. This paper aims to provide additional insight to this end, especially focusing on the neglected aspect of industry differentiation. The analysis implements a panel regression methodology on a dataset of 300 observations from firms in Cyprus, adjusting for control variables and considering industry differences. Overall, the present study illustrates that industry differences warrant in-depth examination for decision-making regarding working capital management policies. The findings show that the cash conversion cycle and its components have an effect on profitability, but the sign and level of significance vary according to the industry sector: results in the merged sample differ from the results by industry sector. For example, the cash conversion cycle has a positive effect on the consumer goods sector and a negative effect in the industrials sector. Additionally, management of creditors and suppliers is as important as the management of debtors, especially for consumer goods and industrials. Managers should aim for the optimal level of the working capital components, while simultaneously adjusting their strategies based on their industry sector, to boost firm profitability.","PeriodicalId":416720,"journal":{"name":"International Journal of Business, Economics and Management","volume":"122 ","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-04-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134004721","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":"An Entrepreneurship Research in Singapore: Basic Psychological Needs and Motivation","authors":"Chen Sheng, F. Poon","doi":"10.18488/journal.62.2019.62.87.98","DOIUrl":"https://doi.org/10.18488/journal.62.2019.62.87.98","url":null,"abstract":"JEL Classification: L26, M13. At the initial stages of starting a company, one who sets up the business and business deals is a start-up entrepreneur. This research focuses on entrepreneurs in start-up companies and explores how certain psychological needs influence motivation at the start-up stage. Basic Psychological Needs Theory is the latest and central theory from the SDT (Self-Determination Theory) (Deci and Ryan, 2000;2002). Jian et al. (2012) pointed out that psychological need is a critical factor in connecting the external environment and internal individuality. Additionally, entrepreneurial motivation is a precondition for entrepreneurship. Recent research suggests that motivation is an important role in entrepreneurial behavior and success where motivation has influenced entrepreneurs to start a business (Virginia and Carlos, 2012) . The research looks at the relationship between the psychological need and motivation of candidates of start-up in Singapore utilizing positivist approaches. Multiple regression analysis was used to analyze a causal relationship between psychological need and entrepreneurial motivation. Results found that there was a statistically significant relationship between two concepts.","PeriodicalId":416720,"journal":{"name":"International Journal of Business, Economics and Management","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-03-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130667693","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}