Asian Journal of Economics, Business and Accounting最新文献

{"title":"Implementation of Financial Ratios: Evidence from the Indonesia Stock Exchange","authors":"Rizki Nurfian, I. Rahmawati, Naelati Tubastuvi, Fatmah Bagis","doi":"10.9734/ajeba/2023/v23i231178","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i231178","url":null,"abstract":"Objective: Knowing the influence between capital structure, intellectual capital, and good corporate governance mechanisms on the company's financial performance. \u0000Study Design: The population in this study consists of 87 primary consumer goods sector companies listed on the Indonesia Stock Exchange (IDX) for the period 2020-2022. Data from this study comes from the company's annual report. \u0000Place and Duration of Study:  Primary consumer goods sector companies listed on the Indonesia Stock Exchange for the period 2020-2022 \u0000Methodology: The method used in data collection is using purposive sampling techniques. For the sample used in this study, a total of 147 company data using multiple regression analysis, model fit test, and hypothesis test were tested using the Eviews 10 analysis tool. \u0000Results: The results showed that intellectual capital variables and the board of commissioners affected profitability according to the hypothesis, while the capital structure variables, audit committee, and board of directors did not affect the profitability of the company which rejected the initial hypothesis. \u0000Conclusion: This quantitative research assesses the impact of financial management, corporate governance, and intellectual capital utilization on the financial performance of primary consumer companies, utilizing numerical data to test hypotheses. Specifically, it evaluates the relationships between profitability, liquidity, solvency, board composition, audit committee structure, and value added efficiency of human and structural capital on company returns. The analysis intends to optimize financial ratio performance, governance mechanisms, and intellectual capital employment to improve firm profitability within the sector.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"26 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138585154","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":"A Study of the Relationship between Service Quality, Brand Image, and Customer Satisfaction and its Influence on Customer Loyalty of Iphone Users in Yogyakarta","authors":"Ahmad Khanza Izza Razzan, M. Sigit","doi":"10.9734/ajeba/2023/v23i231175","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i231175","url":null,"abstract":"Every company in the modern era must be able to determine and define its own set of demands. In the highly competitive market recently, competing companies continue to offer better quality service and a better brand image to satisfy customers and win their loyalty. Those factors triggering customer loyalty have been widely researched, but there are still inconsistencies in the results of previous research. This paper aims to examine factors that drive customer loyalty of iPhone users in Yogyakarta, such as service quality, brand image, and customer satisfaction. This study exerts a quantitative approach using a five-point Likert of online questionnaires. This survey was conducted in Yogyakarta in October 2023. Respondents are iPhone users in Yogyakarta, with a total of 100 respondents. The SmartPLS version 3.2.9 analysis tool was used to process the data of this study using PLS-SEM, including hypothesis testing. All hypotheses regarding this study’s variable relationship that leads to customer loyalty are supported. Hence, customer loyalty of iPhone users has three main triggering factors: service quality, brand image, and customer satisfaction. Furthermore, the results show that customer satisfaction has the biggest impact in forming customer loyalty. The results of this study provide a practical implication for Apple to focus on developing strategies that can increase customer perceptions of service quality, brand image, and customer satisfaction to increase customer loyalty among iPhone users.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"47 15","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138588440","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":"A Regressional Study on the Impact of Organizational Security Culture and Transformational Leadership on Social Engineering Awareness among Bank Employees: The Interplay of Security Education and Behavioral Change","authors":"O. O. Olaniyi, Christopher Uzoma Asonze, Samson Abidemi Ajayi, Samuel Oladiipo Olabanji, Chinasa Susan Adigwe","doi":"10.9734/ajeba/2023/v23i231176","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i231176","url":null,"abstract":"Organizations across various sectors are increasingly vulnerable to cybersecurity breaches in an era characterized by unprecedented technological advancements and a rapidly evolving threat landscape. Among the myriad methods employed by malicious actors, social engineering stands out as a particularly insidious and effective means of infiltrating secure systems and obtaining sensitive information. To effectively address these issues, organizations must establish and sustain a principled security process; this process goes beyond installing the latest security technologies. It encompasses the concept of \"organizational security culture. This paper investigates the impact of organizational security culture and transformational leadership on bank employees' social engineering awareness, focusing on security education and behavioral change. Social engineering is the unauthorized infiltration of the end user's computer system and network through malware techniques such as tailgating, phishing, vishing, pretexting, and baiting to gain access to companies and individual confidential data; thus, this study aims to analyze the effect of organizational security culture and transformational leadership on social engineering awareness among bank employees while assessing security education's role in driving behavioral change. This research used the Likert scale model to collect primary data through survey questionnaires from 450 bank employees. The data collected was analyzed using linear regression analysis to test the study’s hypothesis. This study recommends that banking institutions should adopt a good organizational security culture and expose their staff to effective security education, as this will cause a change in employees' security behavior and more research should be conducted regarding security culture, security education, and awareness programs within banking institutions due to bank operations' ever-dynamic nature and ensuring preparedness for prevailing cyber threats.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"24 9","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138587597","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 State Internally Generated Revenues on Total State Revenues and Financial Viability: A Case Study of Lagos State, Nigeria","authors":"Adekoya A. Augustine, Olayinka Ifayemi M., Aina G. Oluwatosin","doi":"10.9734/ajeba/2023/v23i231174","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i231174","url":null,"abstract":"Internally Generated Revenue (IGR) has been a focus of attention in public financial management because of its key role to Total State Revenue and Financial Viability (TSR&FV). Constant neglect of IGR in states due to over reliance on federal allocation has led to shortage of TSR&FV for funding and governance. Researches have been conducted on IGR in public sector with focus on transport infrastructures, personal income tax, tax administration and tax evasion but with less emphasis on the impact of IGR on TSR&FV. Therefore, this study examined the probable impact of state IGR on TSR&FV of Lagos State, Nigeria. The study adopts ex-post facto research design. Secondary data were extracted from Nigeria Bureau of Statistics annual report of 2011 to 2021. Data were analyzed with descriptive and inferential statistics at 5% level of significance. The study revealed that state IGR positively impact TSR&FV (Adj.R2=0.99250, F(5,10)=244.1106, p=0.000). The study concluded that IGR have significant influence on TSR&FV and that IGR contribute maximally to TSR&FV. Moreover, Pay As You Earn tax has the highest contribution (63.9%) to state IGR while direct assessment and road tax have the least contribution of 3.9% and 2.1%, respectively. The study recommends that State government should ensure better revenue management and good governance to boost tax morale and tax compliance. Government should also put more policies on revenue generation, training of revenue officers, and funding of revenue agencies. Similarly, new revenue base should be identified and pursued within the ambit of the law to drive TSR&FV.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":" 48","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138619861","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 Role of Affiliate Marketing on Purchase Decision Moderated Purchase Interest on Tiktok","authors":"Elia Asadiyah, Maya Aulia Ilma, M. F. Rozi, Kartika Anggraeni Sudiono Putri","doi":"10.9734/ajeba/2023/v23i231172","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i231172","url":null,"abstract":"Aims: This research was conducted to review the effect of affiliate marketing in the form of content created by affiliators on purchasing decisions moderated by the purchase intention. Study Design:  This study uses quantitative methods. The data in this study are in the form of numbers that are processed with statistical devices and explanations in the form of descriptions so that they are easily understandable. Place and Duration of Study: Between February 2023 and August 2023, the research site will be in the city of Malang for Gen Z using the Tiktok platform. Methodology: Sampling in this study was done using the purposive sampling technique. as for the minimum sample size that needs to be obtained is 110 respondents based on the number of indicators used in this study. The data obtained in this study through the distribution of online questionnaires with a 5-point Likert scale measurement were processed using SPPS 25 and through hypothesis testing and Moderated Regression Analysis (MRA). Results: An r-square value of 0.795 is obtained for affiliate marketing on purchasing decisions. This means that there is an effect of 79.5%, while the remaining 20.5% is influenced by other variables that are outside of this study. In addition, the significant value obtained is 0.020, which is less than 0.050. This means that the variable of intention to purchase in this study is able to positively moderate the effect of affiliate marketing on purchasing decisions. Conclusion: Affiliate marketing is able to have a positive and significant impact on the purchase intention of Gen Z in the city of Malang who are using the Tiktok platform. In addition, the purchase intention of Gen Z in Malang City can have a significant impact on the purchase decision. Furthermore, the effect of affiliate marketing on purchase intention can be moderated by purchase intention.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"192 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139210661","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":"Mitigating Budget Gap Behavior: An Experimental Study on the Role of Superiors’ Reputation in Information Asymmetry","authors":"Eva Herianti, Amor Marundha","doi":"10.9734/ajeba/2023/v23i231171","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i231171","url":null,"abstract":"Background: The objective of this study is to examine the effect of superior reputation in reducing budgetary gaps within the context of information asymmetry in local government budgeting. The budgetary gap is a manifestation of the agency conflict between subordinates and superiors, where subordinates possess superior information due to their in-depth knowledge of the field conditions. Consequently, an information asymmetry arises between subordinates and superiors, leading to the occurrence of budgetary slack. Methods: The study employed an experimental research design, focusing on accounting students from the University of Muhammadiyah Jakarta as subjects. Purposive sampling was used to select accounting students who have completed the government accounting course as participants. The study took place at the University of Muhammadiyah Jakarta. The observation period took place between July and August 2022 at the Faculty of Economics and Business, University of Muhammadiyah Jakarta. The research examines the role of a superior reputation in mitigating budgetary gaps under conditions of information asymmetry. The experiment was conducted online, using a simulated environment. The study hypothesizes that superiors' reputation has a negative effect on budgetary slack, while information asymmetry has a positive effect on budgetary slack. Findings: Firstly, it is anticipated that the superiors' reputation has a negative impact on budgetary slack. Secondly, it is expected that information asymmetry has a positive impact on budgetary slack. Lastly, it is anticipated that the superiors' reputations have a negative impact on budgetary slack under conditions of information asymmetry Conclusion: The objective of this study is to contribute to the understanding of how superior reputation and information asymmetry interact in the context of local government budgeting. The findings from this study may provide insights into improving budgetary processes and reducing budget gaps. Practical Implications: The reputation of superiors who have competence and integrity can improve information asymmetry conditions and can reduce budget gaps.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"15 7","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139237569","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":"Analysis of the Influence Mechanism of Host Country's Intellectual Property Protection and China's High-Tech Industry Export","authors":"Yang Li, Tao Zhang","doi":"10.9734/ajeba/2023/v23i231170","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i231170","url":null,"abstract":"Aims: From the perspective of intellectual property protection in the host country, combined with the characteristics of China’s high-tech industry, this paper explores the influence mechanism of institutional environment, tariff barriers and technological innovation on the export of China’s high-tech industry. Study Design: Using the qualitative research method, this paper first sorts out and comments on the relevant literature on intellectual property protection and high-tech industry exports, and then discusses the impact mechanism of intellectual property protection in the host country, laying a theoretical foundation for the final recommendations to Chinese government and enterprises. Place and Duration of Study: Business School of Jiangsu Ocean University, June to October 2023. Methodology: Based on the trade effect of intellectual property protection, this paper discusses the classification of country effect and industry effect, and analyzes the influence channel and influencing factors of intellectual property protection on high-tech industry. Finally, the influence mechanism of host country’s intellectual property protection on China’s high-tech industry export is explored. Results: The influence mechanism of this paper can be applied to the influence of host country’s intellectual property protection on the export of high-tech industry, which contributes valuable policy suggestions to the development of China’s high-tech industry. Conclusion: The host country’s intellectual property protection can have an impact on China’s high-tech industry exports through the intermediary factors of institutional environment, tariff barriers and technological innovation. Among them, the institutional environment has an impact from the sunk cost effect, theoretical expectation effect and forced mechanism, tariff barriers have an impact from the incentive effect, purification effect and transfer effect, and technological innovation has an impact from various factors such as cost, quality and labor productivity.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"28 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139240846","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":"Strategies for Reducing Demurrage at the Douala Container Terminals (RTC Terminal) during Importation","authors":"Mundu Valentine Atud, Okon Roland Njuma, Abonwi Chenaa Takwa, Robinson Manjenpo Tenu","doi":"10.9734/ajeba/2023/v23i231169","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i231169","url":null,"abstract":"COVID-19 diverse methods and procedures of different port actors are some of the reasons for increasing demurrage for containerized goods. Demurrage is the additional charges levied by the maritime carrier on the users of its equipment (container) after the container passes the normal time in the seaport, which is 11 days in Cameroon (Douala). This study aims to investigate the main causes of increasing demurrage at the Douala container terminal and recommend strategies to reduce the increasing demurrage at the port RTC terminal (Container terminal management or Regie du Terminal a Conteneurs). This study uses a target population of 700 actors selected using a stratified random techniques in different fields linked to the international logistics chain and the Douala port in particular. Moreover a total of 490 participants responded to the questionnaire distributed to them. Descriptive statistics such as table and pie chart were used to analyze the data collected during the research. Findings demonstrated that the activities of the different actors involved in the logistics chain, namely the customs administrators, customs brokers, importers, shipping line exporters, PAD (Douala Autonomous Port) and other actors such as Society General de Surveillance (SGS), Cameroon Customs Information System (CAMCIS) and RTC Terminal are the main causes of the increased demurrage at the Douala port. The study recommends, amongst others, eliminating public holidays and weekends by shipping line when counting the demurrage days at the Douala port. Also we recommend that, the demurrage days should only start when the manifest is visible to all the actors, which is not the case. Equally, the government should impose the demurrage charge on the actors, which are the principal cause of demurrage at the port. It should be noted that with the implementation of the above recommendations by the different actors, demurrage will reduce in the Douala port and many African countries.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"128 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139252248","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":"Taxation in the Digital Age: An Examination of the Necessity, Feasibility, and Implications of Taxing Virtual Infrastructures","authors":"Olubukola Omolara Adebiyi","doi":"10.9734/ajeba/2023/v23i231168","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i231168","url":null,"abstract":"This research paper explores the feasibility, methods, and implications of taxing virtual infrastructures within the evolving digital landscape and economy; considering the proliferation of digital assets, online transactions, and virtual entities, the taxation of virtual infrastructures becomes imminent as an avenue for government to accumulate revenue for effective government administration. The paper examined the objectives of the study through primary data collected from 320 tax professionals and 297 IT experts to explore the impact of virtual infrastructure taxation on government revenues, the feasibility of taxation models, its effects on innovation and investment in the digital sector, and the challenges of cross-border tax strategies. Findings show that although taxation of virtual infrastructures significantly enhances government revenues, contributing to fiscal sustainability and the funding of public services and infrastructure projects, measures must be put in place to cushion the effect of such taxation on investment and innovation in the digital economy, as the taxation of virtual infrastructures were found to hamper investment and innovation significantly. Also, the implementation of modified traditional and emerging taxation models is shown to increase the feasibility of taxing virtual infrastructures, offering opportunities to enhance government revenues while fostering digital innovation. Data analysis, including Pearson correlation and linear regression methods, was employed to assess the relationships between the variables. Moreover, cross-border tax strategies are found to have negative implications for the taxation of virtual infrastructures, including profit shifting, transfer pricing, and competition among countries to attract digital firms. International cooperation and comprehensive tax reforms are suggested to address these challenges and ensure equitable tax contributions. The study underscores the significance of global collaboration in addressing cross-border taxation challenges and recommends the integration of modern tools and technologies to streamline tax processes while developing modified tax methodologies and policies that suit the digital economy.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"16 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139255544","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":"Influence of Leadership Style, Financial Compensation, Workload, and Work Stress on Performance with Job Motivation as an Intervening Variable","authors":"Linda Ade Rahmawati, Wida Purwidianti, Sri Wahyuni, H. Astuti","doi":"10.9734/ajeba/2023/v23i221166","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i221166","url":null,"abstract":"Aims: The low employee performance in this increasingly competitive era remains a significant issue in Human Resource Management (HRM). The purpose of this research is to analyze the influence of leadership style on employee performance with motivation as an intervening variable. Study Design: This study falls under the category of quantitative research with a population of all marketing staff working at PT BRI Banjarnegara Branch, totaling 150 individuals. The sample for this study was determined using the Slovin formula and resulted in 109 participants. Methodology: The hypothesis testing is conducted using the Partial Least Square (PLS) based Structural Equation Model (SEM) approach. By employing the PLS-based SEM approach, researchers can analyze the relationships among the variables in the study and test the proposed hypotheses. Results: The results of the study show that leadership style, workload, work stress have a positive effect on employee motivation, and financial compensation has a negative effect on employee motivation. However, leadership style and workload do not have a significant effect on employee performance. Meanwhile, financial compensation and work stress have a positive influence on employee performance. In addition, work motivation has a positive influence on employee performance, leadership style has a positive influence on employee performance with motivation as an intervening variable, financial compensation has a negative influence on employee performance with motivation as an intervening variable.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"58 7","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139262675","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}