Asian Journal of Economics, Business and Accounting最新文献

{"title":"Effect of Non - Renewable Energy on Manufacturing Output in Nigeria","authors":"Abayomi Awujola, Obumneke Ezie, Effiong Emmanuel Sunday","doi":"10.9734/ajeba/2023/v23i211126","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i211126","url":null,"abstract":"The role of energy, especially non-renewable energy in promoting manufacturing sector activities and operations in developing countries like Nigeria cannot be over-emphasized. This paper investigated the effect of non-renewable energy on textile and clothing output as a sub-sector of the manufacturing sector in Nigeria using time series data covering the period 1986 to 2021. Expost -Facto design was employed as a guide. The study used annual time series data on hydro-electricity, petroleum and gas energy respectively as components of non-renewable energy and textile and clothing manufacturing sub-sector output in Nigeria spanning from 1986 to 2022. Data used were obtained from the Central Bank of Nigeria (CBN) Publication and the World Development Indicators (WDI) considered as reliable sources of data for econometric analysis. The ARDL regression technique was used to estimate depicting the relationship between the variables, while the econometric properties of the data were determined using the Phillip-Perron (PP) unit root test and the Bounds cointegration methods. Mean, kurtosis and skewness were employed to describe the data. Results showed among others, that textile and clothing (coefficient, 1.25449; probability value, 0. 000) has significant positive effect on output level. Coal energy consumption (CEC) (coefficient, -6.665467; p, 0.7170), while petroleum energy consumption (PEC) (coefficient, -0.090996; p-value, 0. 6910) had no significant negative effect on textile and clothing output level. Furthermore, gas energy consumption (GEC (coefficient, 19.80158, p, 0.0069) had significant positive effect on textile and clothing output in Nigeria. The Paper concluded that non-renewable energy has no significant effect on textile and clothing output in Nigeria. The study recommended among others, that alternative energy sources, particularly renewable sources should be explored by the federal ministry of petroleum for enhanced economic growth, particularly of textile and clothing output.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135731499","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":"Effects of Institutional Governance on Financial Performance of Commercial Banks in Kenya","authors":"Getrude Nyambura Gachau, Richard Ngali, Joshua Matanda","doi":"10.9734/ajeba/2023/v23i211124","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i211124","url":null,"abstract":"Although the banking industry is a very important vehicle for spurring economic development and especially in least developed economies, the Kenyan commercial banks are facing financial performance constraints, leading to collapse and liquidation of numerous commercial banks. Accordingly, borrowers, depositors and shareholders are suffering enormous financial losses; which have dramatic implications for the economy of the country. The crisis in this very crucial industry has associated with poor institutional governance. Although various studies have been undertaken on institutional governance and financial performance, majority of the studies have yielded inconsistent result while others have contextual, conceptual and methodological gaps. So, this study analysed the effect of institutional governance on financial performance of Kenyan commercial banks. It adopted descriptive and diagnostic research designs to outline the characteristics of existing phenomenon. The target population was the 43 commercial banks licensed and operating in Kenya. Since the sample size was easily accessible and manageable the study used census. Data was collected using primary sources using a questionnaire, Data was analysed using quantitative analysis approach to produce descriptive statistics and thereafter multiple regressions to estimate a model. The study found that at 5% significance, level board size, ownership concentration, audit structure and, board composition, positively and significantly affects financial performance of licensed Kenyan Commercial Banks. The study recommends that Kenyan Commercial Banks should review their board size policies, largely focus on having audit committee, and strengthen their board composition guidelines to ensure board diversity comprises.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"144 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135853837","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 Fishery and Forestry Ventures and Poverty Reduction in Nigeria","authors":"Abayomi Awujola, Ezie Obumneke, Nungul Isaac Terhemen","doi":"10.9734/ajeba/2023/v23i211123","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i211123","url":null,"abstract":"Fishery and forestry ventures are sub-sectors of agriculture with the potential for poverty reduction through employment creation, value addition, and improvement in export earnings. Nevertheless, they have received relatively less attention from all levels of government in Nigeria. This paper examined the effect of fishery and forestry ventures on poverty reduction in Nigeria between 1976 and 2022. Ex-post facto research design was adopted. Data were sourced from CBN annual statistical bulletin, the National Bureau of Statistics, publications of the World Bank, as the Federal Ministry of Agriculture and Rural Development. NARDL was adopted for data analysis. Phillip-Peron Unit root tests revealed a uniform order of integration, while Co-integration Bounds test revealed no existence of long-run relationship between the fishery and forestry ventures and poverty reduction. Findings revealed that agricultural production in fishery and forestry has no significant long-run nexus with poverty reduction in Nigeria. The paper recommended that the Federal Department of Fisheries should engage reputable research institutes and colleges in the fishery industry in Nigeria to train and retrain participants in the sub-sectors to provide skilled workforce in the development of sustainable fishery production towards poverty reduction in Nigeria. The paper also recommended that regulatory agencies in the forestry sub-sector in Nigeria appoint more supervisors and enforcement officers to ensure adequate regulation of the industry towards adding maximum economic value to the exploration and exploitation of the forestry resources in Nigeria by reducing leakages and ensuring that adequate taxes and levies are paid including collection of relevant penalties from defaulters in order to attain sustainable income generation and poverty reduction among the accredited participants.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"53 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135094575","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":"Knowledge Management and Its Role in the Innovative Performance of the Iraqi Ministry of Youth and Sports","authors":"Habib Salem Affes, Faris Ahmed Abed","doi":"10.9734/ajeba/2023/v23i211122","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i211122","url":null,"abstract":"The study aimed to determine the role of knowledge management and its dimensions (knowledge creation - knowledge sharing - knowledge application - knowledge storage) in the innovative performance of the Iraqi Ministry of Youth and Sports in terms of connection and influence, as well as defining Levels of awareness, practice, and application of the study variables and their dimensions. To achieve the objectives, two main hypotheses were built. (H1-H2). The study dealt with the youth and sports sector represented by the Iraqi Ministry of Youth and Sports. The target community represented the directors and middle and senior leadership in the ministry with a total of (82) directors and a sample of (77) directors from various formations and levels of the ministry. Data were collected using several methods, including questionnaires, personal interviews, field experience, personal observation, reports, and official statements. To analyze the data, statistical program were used (SPSS_V.26) A set of statistical tools were used to reach the results, the most important of which is (mean - coefficient of variation - Standard deviation - Content validity - Simple linear regression - Pearson correlation coefficient), and one of the most important findings of the study is that there is a positive impact of knowledge management on innovative performance, and the knowledge application dimension was the most closely linked and Influencing innovative performance.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135252979","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":"Human Capital Development and Economic Growth: Evidence from Nigeria","authors":"Francis Ariayefa Eniekezimene, Ebimowei Wodu, Joseph Peres Anda-Owei","doi":"10.9734/ajeba/2023/v23i211120","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i211120","url":null,"abstract":"This study examined the impact of human capital development on economic growth in Nigeria from 1981 to 2021using the autoregressive distributed lag (ARDL) method. Annual time series data on the dependent variable, real gross domestic product growth rate (RGDPG), alongside the independent variables, including government expenditure on education, government expenditure on health as well as gross fixed capital formation were sourced and collected from Central Bank of Nigeria [1] Statistical Bulletin, while the annual time series data on primary, secondary and tertiary school enrolments were collected from UNESCO [2] Institute for Statistics. The series were tested for stationarity using the Augmented Dickey Fuller (ADF) unit root test. The result showed a mix of variables integrated of order one, I(1) and of order zero, I(0). The Bounds test for cointegration showed the existence of long run relationship amongst the variables as the F-statistic value of approximately 3.43 was found to be higher than the 5% upper bounds value of 3.28. The results of the ARDL method of analysis revealed that in the long run, government expenditure on education and tertiary school enrolment had insignificant negative impact on economic growth while government expenditure on health, gross fixed capital formation, primary and secondary school enrolments had insignificant positive impacts on economic growth. On the other hand, in the short run, while government expenditure on education exhibited significant negative impact on economic growth, government expenditure on health had significant positive impact on economic growth. Gross fixed capital formation impacted positively on economic growth, primary school enrolment had negative impact while secondary and tertiary enrolments had positive impact on economic growth. Consequently, the study recommended among others that the government should set incremental annual targets expenditure on health aimed at achieving the Abuja agreement of 15% of total public expenditure in the health sector. This will create multiplier effect in the long run and serve as a boost to economic growth in the country.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135254345","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":"Saving in Presence of Volatilities in Interest Rate and Exchange Rate Devaluation","authors":"David Umoru, Oluwatoyin Dorcas Tedunjaiye","doi":"10.9734/ajeba/2023/v23i211121","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i211121","url":null,"abstract":"Many developing countries have rationalized their economies in response to the liberalization of financial markets giving renewed concerns to the role of exchange rate management and interest rate deregulation. The study examined the effects of interest rate volatility and exchange rate devaluation on aggregate savings in ECOWAS using a panel group of grouped means (PMG) estimator. The study also applied GARCH/ARCH (1,1) models to ascertain volatility in interest rates amongst the countries. In Burkina Faso, Cabo Verde, Guinea, Ghana, Niger, Senegal, and Togo, holding bank savings accounts in form of demand and time deposits serves as a buffer to higher volatility in interest rates. This could be informed by increase in yearly percentage yield on a certificate of deposits for savings account holders. In Liberia, Guinea-Bissau, Gambia, Mali, Nigeria, Sierra Leone, Cote d’Ivoire, and the Republic of Benin, holding bank savings accounts in form of demand and time deposits because of higher volatility in interest rate is not a buffer compared to the acquisition of stocks and securities. Further finding from the study is that exchange rate devaluation had a negative drift on aggregate savings in all countries except Niger. This was attributed to undeveloped export sectors in these countries.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135253148","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":"Strategic Choice and Organizational Performance of SMEs in Mombasa County, Kenya","authors":"Moses Kioko Muli","doi":"10.9734/ajeba/2023/v23i211119","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i211119","url":null,"abstract":"This research assessed the manner that choice affects Mombasa County SMEs’ performance and specifically assess manner in which innovation, relationship development and product positioning influence performance of Mombasa based SMEs. In the research, in addition to employing. quantitative approach, descriptive research design also adopted while targeting the 209 SMEs in Mombasa County; from which of 136 them formed the sample size; premeditated by means of formula as Mugenda and Mugenda submit. The research employed proportionate sampling and to select respondents. In this research, data from primary sources was gathered using a closed-ended questionnaire that was distributed out using a drop-and-pick method. The quantitative analysis method was used in this study to provide descriptive and inferential statistics. The study concludes that at 0.05 level of significance, each of innovation strategy (β= 0.259; p = 0.002), positioning strategy (α=0.215; p= 0.019), knowledge acquisition strategy County (β=0.196; p = 0.005), and knowledge acquisition strategy (α =0.242; p= 0.0.37) has positively significant influence on organizational performance of SMEs in Mombasa County. The study recommends that the SMEs in Mombasa County that should; invest significantly in their innovation strategy to increase its productivity, strengthen their product positioning strategy; pay more attention on the relationship development strategy; concentrate on building its knowledge acquisition strategy","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135253994","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":"Audit Committee Composition and Tax Planning in Nigeria","authors":"Andrew A. Ugbah, Fidelis U. Amahi, None Offor Nkechi T.","doi":"10.9734/ajeba/2023/v23i211116","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i211116","url":null,"abstract":"The study empirically examined the effect of audit committee composition on tax planning in Nigeria. The study made use of ex-post facto research design for the collection of secondary data. The population for the study consisted of quoted non-financial firms in Nigerian Exchange Group (NSG) as of 31st December 2020. The sampled firms must fulfill the responsibility of disclosing their financial statements for eight consecutive years for the period 2013- 2020. The Ewododhe (2011) sample selection method was used to select 25 firms. The study adopted the use of robust least square regression technique in the analysis of data. The regression results revealed that audit committee gender diversity and audit committee size have insignificant effect on tax planning, but audit committee meeting has a negative significant effect on tax planning. In this study audit committee independence has a positive significant effect on tax planning.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"69 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135350884","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":"Digital Entrepreneurship in the Light of Contextual Leadership Intelligence: An Analytical Study in a Sample of Iraqi Private Universities","authors":"Habib Salem Affes, Mohammed Adil Mohammed Alfahdawi","doi":"10.9734/ajeba/2023/v23i211118","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i211118","url":null,"abstract":"Aims: This research aims to identify the level of influence of contextual leadership intelligence on achieving digital entrepreneurship in a sample of Iraqi private universities.\u0000Study Design: The research adopted the descriptive analytical method to describe the research variables and interpret the results.\u0000Place of Study: The research was applied in a sample of Iraqi private universities. These universities were chosen due to their importance and effective role in supporting and developing the Iraqi higher education sector, meeting the needs of the market and society, as well as keeping pace with scientific and technological developments.\u0000Methodology: A sample representing the original community was chosen for the research, and its size reached (150) individuals from administrative leaders in ten Iraqi private universities. The research also relied on personal interviews and a questionnaire form as the main research tool, and a set of statistical tools were used, represented by (arithmetic mean, standard deviation, Coefficient of Variation, and simple regression), and the research data was analyzed using (SPSS V.25) program.\u0000Results: The results of the research showed the existence of a positive and significant influence relationship for all dimensions of contextual leadership intelligence in digital entrepreneurship at the level of the Iraqi private universities investigated, and the results also showed acceptance of all research hypotheses.\u0000Conclusion: This research was conducted by taking a sample of administrative leaders in Iraqi private universities, and the research conclusions indicate that there is a positive effect of contextual leadership intelligence in digital entrepreneurship. The conclusions also indicate that there is a positive effect for all dimensions of contextual leadership intelligence, represented by (3D- Thinking, tacit knowledge and synchronization) in entrepreneurship. Digital works at the level of the investigated Iraqi private universities.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135350282","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 Effect of Strategic Improvisation in Achieving Organizational Brilliance: An Analytical Study in a Sample of Private Iraqi Commercial Banks","authors":"Anis Jarboui, Esraa Hadi Kazem Alrikabi","doi":"10.9734/ajeba/2023/v23i211115","DOIUrl":"https://doi.org/10.9734/ajeba/2023/v23i211115","url":null,"abstract":"Aims: This research aims to determine the level of impact of strategic improvisation in achieving organizational brilliance in a sample of private Iraqi commercial banks. Study Design: The research adopted the descriptive analytical method to describe the research variables and interpret the results. Place of Study: The research was applied in a sample of private Iraqi commercial banks. These banks were chosen due to their importance, their close market shares, the great competition between them, and the role, size, and influence of these banks in the Iraqi banking sector, as they represent one of the tools for supporting investment and developing the Iraqi economy. Methodology: A sample was chosen to represent the original community, and its size reached (160) individuals from the administrative leadership in ten private Iraqi banks. The research relied on the questionnaire form as the main tool, and a group of statistics was used, represented by (arithmetic mean, standard deviation, coefficient of variation and simple regression), and the research data was analyzed using the program (SPSS V.25). Results: The results of the research showed that there is a significant, positive influence relationship for all dimensions of strategic improvisation on organizational brilliance at the level of the private Iraqi commercial banks investigated, and all research hypotheses were accepted. Conclusion: The research was conducted by taking a sample of administrative leaders in private Iraqi commercial banks, and the research conclusions indicate that there is a positive effect of strategic improvisation on organizational brilliance, and the conclusions also indicate that there is a positive effect of all dimensions of strategic improvisation (strategic vigilance, strategic agility, minimal structure and bricolage) on organizational brilliance in private Iraqi commercial banks.","PeriodicalId":433532,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":"440 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135435011","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}