Asian Journal of Economics, Business and Accounting最新文献

{"title":"Effect of Company Performance on GCG and Control of Operation Cost","authors":"Metalia, Mega","doi":"10.9734/ajeba/2023/v23i231167","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i231167","url":null,"abstract":"Aims: The research aims to investigate and analyze the relationship between state equity involvement, corporate strategy, and the application of good corporate governance principles, as well as the relationship between operating cost control and firm success. Study Design: Research design this is Explanatory Research by doing analysis Descriptive analysis and Verification. Place and Duration of Study: The information utilized includes both primary data gathered through questionnaires and secondary data gathered from SEO Businesses in Indonesia receiving SEP. Methodology: State Equity Participation, Business Strategy, Good Corporate Governance, Operational Cost Control, and Company Performance are the Subjects of This Study. The company secretary, internal control unit, and finance department are the study's units of observation. Structural equation modeling is the research methodology employed (SEM). Research design this is Explanatory Research by doing analysis Descriptive analysis and Verification. Results: The findings of this study indicate that there is an influence between the variables                   of State Equity Participation (SEP) and Business Strategy (BS) on Good Corporate Governance (GCG). There is an influence between the variables of State Equity Participation (SEP), Business Strategy (BS), and Good Corporate Governance (GCG) on Operational Cost Control (OCC). However, there is no influence between the variables of Good Corporate Governance (GCG), Operational Cost Control (OCC), and State Equity Participation (SEP) on Company Performance (CP). But there is an influence between the variables of Business Strategy (BS) on Company Performance (CP). Conclusion: The investigation revealed that there is a connection between State Equity Participation (SEP) and Good Corporate Governance (GCG). The variable state equity participation (SEP) has an impact, as well, on the operational cost control (OCC). The findings of the research on the Business Strategy (BS) variable also have an impact on Good Corporate Governance (GCG). The Business Strategy Variable (BS) is also related to Operational Cost Control in a meaningful way (OCC), and there was no correlation between the components of Good Corporate Governance (GCG) and Company Performance (CP).","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139265889","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":"Critical Analysis of Innovative Leadership through Effective Data Analytics: Exploring Trends in Business Analysis, Finance, Marketing, and Information Technology","authors":"Chinasa Susan Adigwe, Anthony Idoko Abalaka, O. O. Olaniyi, Olubukola Omolara Adebiyi, Tunbosun Oyewale Oladoyinbo","doi":"10.9734/ajeba/2023/v23i221165","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i221165","url":null,"abstract":"Globally, leaders are lighthouses that help direct followers on the right decision to make, whether in careers, entrepreneurship, personal development, education, community and social services, relationships, health, finances, and enacting purpose. In today's data-driven environment characterized by information overload, leaders and organizations seek to harness the full potential of data to improve every facet of endeavor, including leadership; thus, leaders in management and other spheres of human endeavors must rethink leadership methods in line with data analytics. This research investigates the synergistic relationship between innovative leadership and effective data analytics in organizations across different industries. The study assesses the impact of data analysis, visualization, and governance on various aspects of innovative leadership. Structured questionnaires designed using Likert scale questions and statements were used as research instruments to collect data from 490 leaders across five industries, including Accounting and Finance, Marketing, Computer and IT, Business Development, and Education. Statistical analysis, including correlation and linear regression, examined the relationships between data analytics and innovative leadership variables. The research findings support the hypotheses, demonstrating that data Analysis Influences Innovative Behavior in leadership; data Analysis is significantly and positively related to Vision and Strategic Planning; data Visualization significantly impacts Communication Skills in leadership positively; Data Visualization significantly influences Vision and Strategic Planning in leadership positively; while a positive relationship exists between Effective Data Governance and Innovative Behavior. Data analytics is critical in achieving innovative leadership and improving organizational performance. Data analysis, visualization, and governance were essential in driving innovation and fostering clear communication. The paper recommends the promotion of a culture of collaboration and open communication, investment in employee training for data analytics skills, and encouraging innovative thinking through data-driven problem-solving strategies. The research offers a foundation for further investigations into industry-specific nuances and external factors influencing the collaboration between data analytics and innovative leadership.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"153 9","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139268054","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":"Harnessing Predictive Analytics for Strategic Foresight: A Comprehensive Review of Techniques and Applications in Transforming Raw Data to Actionable Insights","authors":"Folashade Gloria Olaniyi, O. O. Olaniyi, Chinasa Susan Adigwe, Anthony Idoko Abalaka, Nishant Hemantkumar Shah","doi":"10.9734/ajeba/2023/v23i221164","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i221164","url":null,"abstract":"In an era characterized by an unprecedented influx of data, the skill to extract actionable insights from this deluge has become paramount for organizations across diverse industries. The study seeks to address this challenge by exploring the transformative potential of predictive analytics. The research problem at the heart of this study revolves around the need to leverage data not merely as a historical repository but as a predictive tool for informed decision-making. In pursuit of this goal, a comprehensive literature review is undertaken, dissecting the evolution of data analytics, and highlighting the pivotal role of predictive analytics in today's data-driven landscape. This review identifies gaps in current knowledge, emphasizing the need for a deeper understanding of predictive analytics’ practical applications and implications. Methodologically, this research employs a multi-faceted approach. It incorporates case studies from diverse sectors, including healthcare, finance, marketing, and government, to exemplify how predictive analytics shapes strategies, optimizes operations, and enhances user experiences. Additionally, the study delves into the latest developments and trends in data analytics, surveying cutting-edge tools and techniques that empower organizations to navigate the complex terrain of big data. Key findings from this investigation underscore the profound impact of predictive analytics. It reveals that organizations adopting predictive analytics experience a marked improvement in their ability to anticipate future trends, optimize resource allocation, and mitigate risks effectively. Real-world examples demonstrate how predictive analytics can revolutionize patient care, financial decision-making, marketing campaigns, and public policy formulation, among other domains. The implications of this research are far-reaching. It underscores organizations' need to invest in predictive analytics as a strategic asset that enhances competitiveness and fosters innovation. As data continues to burgeon, embracing predictive analytics emerges as a decisive step toward navigating the complexities of the data-driven age.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"19 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139275650","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":"Unveiling the Sustainability of Lean Production","authors":"Lila Maria Kaban","doi":"10.9734/ajeba/2023/v23i221163","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i221163","url":null,"abstract":"For many decades, the lean concept has been praised for improving efficiency, maximizing productivity, and minimizing waste in manufacturing operations. Lean production is expected to create an industrial ecosystem that is more cost-efficient and accountable for optimizing resources and processes. However, in the context of lean manufacturing, new challenges have emerged as a result of the recent emphasis on sustainability. This study aims to show several criticisms of lean implementation and propose a holistic approach to achieve a more sustainable operation. The green-lean model, sustainable manufacturing, agile supply, and Lean 4.0, are approaches for integrating lean practices and sustainability. This will foster a culture of continuous improvement, employee empowerment, long-term collaboration with suppliers, added value for customers, and increased innovation in the economy.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"27 5","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134991790","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":"Mobile Phone Technology, Agency Banking Services, Online Banking Services and Financial Inclusion of Small and Medium Enterprises in Kenya","authors":"Oliver Mukweyi Pyoko, Malgit Amos Akims, Samuel Moragia Nyachae, Levi Mbugua","doi":"10.9734/ajeba/2023/v23i221162","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i221162","url":null,"abstract":"The study sought to examine the effect of mobile phone technology, agency banking services and online banking services on financial inclusion of Small and Medium Enterprises in Kenya. This study originates from the Doctoral dissertation of the first author where the co-authors served as supervisors. Technology Acceptance Model and Asymmetric Information Theory were adopted. The study adopted explanatory research design. The top 100 Small Medium Enterprises in Kenya constitute the target population and the sample size was 200 based on purposive sampling technique and simple random sampling where two respondents were picked from each Small Medium Enterprises of interest. Multiple regression technique was used for the analysis of data. A response rate of 81.5 percent was achieved. Primary data was used which was collected using a questionnaire. The study used multiple regression analysis. It was established that mobile phone technology and agency banking services had insignificant effect on financial inclusion of small and medium enterprises in Kenya. The study found that online banking services had significant effect on financial inclusion of small and medium enterprises in Kenya. The study recommends that business managers should capitalize on the underlying benefits of online banking by fully utilizing and exploring its various services. Online banking services should be supported and enhanced by the government in view of its importance in fostering financial service accessibility which in turn improves financial inclusion. Further studies can evaluate the effect of mobile phone technology and agency banking services on financial inclusion of small and medium enterprises in Kenya based on a different methodology.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"20 9","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135041665","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 Innovation Spaces towards the Youth's Engagement in Entrepreneurship; A Case of Innovation Spaces in the Iringa Region","authors":"Augustino Festus Augustino, Blandina Kisawike, Haji Ng’elenge","doi":"10.9734/ajeba/2023/v23i221161","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i221161","url":null,"abstract":"Aims: This research carefully assessed the role of innovation spaces towards the youth's engagement in entrepreneurship, with independent variables; entrepreneurship training, funding, co-working space, and entrepreneurship competition.
 Study Design: The design of this study is a convergent parallel design.
 Place and Duration of Study: The study was carried out at the Kiota hub, Tatua hub, and Rlabs in the Iringa region, between November 2022 and September 2023.
 Methodology: Data, both quantitative and qualitative, were collected from 90 respondents (87 youth entrepreneurs, 3 hub managers), utilizing closed-ended questionnaires and semi-structured interviews. Quantitative data underwent descriptive and inferential analyses whereas qualitative data were analyzed thematically.
 Results: All 90 respondents participated successfully, hence a response rate of 100%. The correlation coefficient and P-values for the role of entrepreneurship training, funding, co-working space and entrepreneurship competition are (.703, P=.000), (.738, P=.000), (.511, P=.000) and (.698, P=.000) respectively, confirming their statistical significances towards the engagement of the youth in entrepreneurship. Also, thematic analysis results indicate that entrepreneurship training transforms mindsets and equips youths with entrepreneurial skills, funding is crucial for covering the startup costs, co-working spaces foster a co-creation culture and networking, and entrepreneurship competitions are natural motivators towards the youth's engagement in entrepreneurship.
 Conclusion: Entrepreneurship training, funding, co-working space, and entrepreneurship competition play significant roles towards the youth's engagement in entrepreneurship. The findings of this research offer valuable insights for innovation spaces to work on the factors that truly contribute towards youths’ entrepreneurship engagement; educational institutions to design learning models that inspire the application of knowledge and establish innovation spaces to promote youth entrepreneurship; and the government to review policies that hinder the engagement of the youth in entrepreneurship.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"25 10","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135042664","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":"Camel Rating Model and Financial Stability of Commercial Banks in Kenya","authors":"Mwanashehe Salim Mohamed, Malgit Amos Akims, Samuel Moragia Nyachae, Levi Mbugua","doi":"10.9734/ajeba/2023/v23i221160","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i221160","url":null,"abstract":"The study sought to examine the effect of CAMEL rating model on financial stability of commercial banks in Kenya. This paper was extracted from the Doctoral dissertation of the first author where the co-authors served as supervisors. Buffer capital theory and efficiency structure theory were utilized. Causal research design was used and a census of forty-one commercial banks was undertaken focusing on the period 2013 to 2019. The panel regression analysis revealed that out of the CAMEL rating variables, only earnings ability had significant effect on financial stability of commercial banks in Kenya. It was recommended that the Central Bank of Kenya motivates earnings (profitability) targets to be in accordance with the size (category) of banks. This is as the earnings ability of commercial banks vary from bank to bank. This will in turn facilitate the improvements and sustenance of financial stability by commercial banks. The study recommends that bank managers when setting earnings target should consider their capabilities as a bank by ensuring realistic targets. Higher earnings translate to higher financial stability according to the study findings, hence apart from the traditional intermediation activities, other profitable business ventures can be explored by commercial banks.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"20 11","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135043264","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 Mediating Role of Investment: Analyzing the Causal Impact of Inflation on Economic Growth and the Influence of Capital Expenditure","authors":"None Ma`rifatturrohanah, Najmudin Najmudin, Ekaningtyas Widiastuti","doi":"10.9734/ajeba/2023/v23i221158","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i221158","url":null,"abstract":"Aims: This paper aims to test the impact of inflation and capital expenditure on regional growth of economy employing the investment as a mediating variable in Central Java from 2017 to 2022. Study Design: The population of this research is 35 districts or cities in Central Java Province for 2017–2022 period. This paper uses secondary data or quantitative approach taken from the Statistics Central Bureau. Methodology: The method used to collect data is purposive sampling with data analysis using the Structural Equation Modeling model. Data is processed through the Smart PLS 4.0 program applying Structural Model analysis (Inner Model) as an analysis technique of data. Results: The findings of this paper suggest that: (1) Inflation had no effect significantly on growth of economy. (2) Investment level had an effect positively on growth of economy. (3) Inflation had an effect negatively on the investment. (4) Investment had an effect significantly in mediating the causality of the inflation to growth of economy. (5) The capital expenditure had an effect positively on growth of economy.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":" 10","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135242373","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 Comprehensive Investigation into the Money Demand Function in Cambodia: An Empirical Analysis","authors":"Kosal Song, Siphat Lim","doi":"10.9734/ajeba/2023/v23i221157","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i221157","url":null,"abstract":"The objective of this study is to establish a money demand function in Cambodia. The findings obtained through the ARDL approach to cointegration indicate that real income, consumer price index, and interest rate are cointegrated with real money demand. In terms of the estimated results derived from the long-run model, it is observed that real income has a statistically significant positive impact on real money demand, while the general price level and interest rate have a negative impact. The short-run dynamic model, known as the error correction model, demonstrates that all explanatory variables collectively account for the growth rate of real money balances. In the short-run, the growth rate of real income exhibits a positive relationship with the demand for real money, whereas the inflation rate and changes in interest rate have a significant negative effect on the demand for real money balances. The estimated slope coefficient of the short-run dynamic model, which measures the speed of adjustment, is projected to be 60.67%. This outcome suggests that the real money balance model takes no more than two quarters to adjust towards long-run equilibrium in response to short-run dynamic shocks. Stability tests, such as the CUSUM and CUSUMSQ tests, indicate that the real money demand function in Cambodia remains stable in the long-term. The findings derived from this study provide empirical evidence in favor of the quantity theory of money.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":" 6","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135242551","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":"Special Economic Zones and Competitiveness of Foreign Direct Investment Manufacturing Firms in Kenya","authors":"James Odhiambo Oringo, Jared Deya, Osieko Matti","doi":"10.9734/ajeba/2023/v23i221159","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i221159","url":null,"abstract":"Special Economic Zones are designated areas within a nation's borders with the objectives of improving trade balance, attracting more investment, creating jobs, and enabling efficient administration. In Kenya, SEZs benefit from business-enabling policies and sector-appropriate on-site and off-site infrastructure and utilities. For the last 20 years, the Government of Kenya has been investing on Special Economic Zones as one among the innovative strategies geared towards enhancing competitiveness of Foreign Direct Investment firms in the manufacturing sector. While it is noteworthy that SEZs have somehow contributed to the increase in the inflow of FDIs in the manufacturing sector in Kenya, it is equally important to point out that such improvement is not commensurate with the size of Kenya’s economy as well as the level of investment put in by the Government. In fact, in a more worrying trend, a good number of FDIs have ceased their manufacturing operations in the country to retain only the marketing and distribution functions of their businesses, a decision that has cut thousands of jobs. These FDIs have shifted focus to offshore manufacturing. Therefore, this paper is the product of the study carried out to establish the influence of SEZs on the competitiveness of FDI manufacturing firms in Kenya. Specifically, the study focused on the influence of; technology spillovers, labour availability, market accessibility and level of export, on competitiveness of FDI manufacturing firms in Kenya. A cross-sectional research design was used in the study. The unit of analysis was the management staff of 66 manufacturing FDIs who were members of Kenya Association of Manufacturers (KAM) in the Nairobi Metropolitan while the unit of observation comprised; human resource manager 1, finance manager 1, marketing manager 1, production manager 1 and CEO/GM/owner 1. Multistage sampling method was used in the study. Multistage Sampling is the probability sampling technique wherein the sampling is carried out in several stages such that the sample size gets reduced at each stage. At the initial stage, the study applied Yamane formula to determine the number of firms in each of the 9 categories for the study. From the selected firms, 5 members of management (1CEO and 4 Managers) were selected using purposive sampling technique. Lastly, Yamane formula was used to arrive at the final sample size. This resulted to a total population of 325 and a sample size of 283. Primary data was collected through a semi-structured questionnaire while secondary data involved analysis of statistical abstracts from published materials and reports. Data analysis was carried using the statistical package for social sciences (SPSS) software version 25 as well as descriptive and inferential statistics. Primary data was collected through a semi-structured questionnaire while secondary data involved analysis of statistical abstracts from published materials and reports. Data analysis was carr","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":" 17","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135285977","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}