{"title":"Impact of Governance and Financial Development on Foreign Direct Investment in BRICS Nations","authors":"A. Wasnik, Ishan Kumar Sarraf","doi":"10.31014/aior.1992.06.03.519","DOIUrl":"https://doi.org/10.31014/aior.1992.06.03.519","url":null,"abstract":"The study tries to understand the impact of Governance and Financial Development on the FDI inflow in the BRICS nations. The study uses the panel regression method to analyze the degree of impact of these indicators on the FDI inflow. The study found that the unit change in Government Effectiveness, Political Stability, and Regulatory Quality will have a positive impact on the FDI inflow in BRICS nations by 1.353, 0.945, and 0.148536 times respectively, while any unit change in the Control of Corruption will have a negative impact on the FDI inflow by 2.820 times. Likewise, for Financial Development, any unit change in the Financial Market Depth and Financial Market Efficiency will positively impact the FDI inflow by 1.634 and 1.624 times, respectively. The study implies that the BRICS nations should focus on strengthening their Government Effectiveness, maintaining Political Stability, improve Regulatory Quality while combating corruption to attract FDI. Similarly, enhancing the Depth and Efficiency of their Financial Markets will significantly strengthen their FDI inflow. The researchers and scholars may pursue the policy implications provided within the study for gauging measures to improve the FDI Inflows in the BRICS nations through Governance and Financial Developments.","PeriodicalId":47522,"journal":{"name":"JOURNAL OF ECONOMICS AND BUSINESS","volume":"22 1","pages":""},"PeriodicalIF":3.8,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81470057","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":"Income Inequality in India: An Empirical Analysis of Changing Paradigms","authors":"Naveen, N. M. P. Verma","doi":"10.31014/aior.1992.06.03.524","DOIUrl":"https://doi.org/10.31014/aior.1992.06.03.524","url":null,"abstract":"In this paper we have analysed economic inequality in India more specifically expressed in terms of income inequality in an empirical and historical frame. The period to which the analysis belongs is predominantly consists of the two phases, first the colonial period and second the post-independent era. The analysis for post independent India is presented in two phases, the planned economy period from 1950 to 1990 and the post reform economic policy regime from 1991 to 2020. We have presented in most precise and in brief the estimates of some of the most notable quantitative enquiries through empirical trends and patterns. We have also presented broad interpretations concerning the predominance of institutional and technical factors that govern and prolong the status of economic affluence in a society in congruence to specifically distinct historical phases signifying the primacy of these factors in determining the scope of production and exchange in the economy. The inferences drawn on the basis of the estimates of income distribution available at our disposal reflect high income inequality during much of the colonial period. Amidst the limitations, concerning the availability and the robustness of data, we find that self-determination in form of political freedom has the potential to generate and maintain conditions for greater economic equality which we observe during planned economic development in India. However this potential is limited by state of technology and optimized by institutional development concerning public goods within the broad purview of modern welfare state.","PeriodicalId":47522,"journal":{"name":"JOURNAL OF ECONOMICS AND BUSINESS","volume":"43 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136249297","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":"Government Support for Startups: A Comprehensive Analysis of Funding Initiatives and the Role of the Indian Government in Nurturing the Startup Ecosystem","authors":"Anurag Piyamrao Wasnik, Abhinav Jain","doi":"10.31014/aior.1992.06.03.523","DOIUrl":"https://doi.org/10.31014/aior.1992.06.03.523","url":null,"abstract":"This research paper explores the role of government funds and initiatives in nurturing and enhancing startup ecosystems. Focusing on the Indian context, the study examines the comprehensive support provided by the Indian government to promote the growth and development of startups. Through a robust methodology involving secondary research and systematic review of government sources, the research identifies and catalogs nearly 50 distinct startup schemes, including grants, subsidies, incubators and financial assistance programs. The Indian government has dedicated divisions and ministries, such as Atal Innovation Mission and the Department for Promotion of Industry and Internal Trade (DPIIT), to provide comprehensive assistance to new enterprises. Moreover, the government has prioritized the establishment of high-quality incubators and accelerators across the country to foster collaboration, innovation, and knowledge exchange among entrepreneurs. The research underscores the vital role played by government funds and initiatives in overcoming financial barriers and empowering startups to pursue innovative ideas. The remarkable progress made by India in the Global Innovation Index rankings further demonstrates the positive impact of government investment in nurturing a thriving startup ecosystem. The success stories of other vibrant startup ecosystems, such as Singapore, Israel, and Barcelona, further underscore the importance of government funding and initiatives in driving startup growth and success. The research concludes that government support serves as a catalyst for the development of vibrant startup ecosystems, driving economic growth, job creation, and societal advancement. The research contributes to the existing knowledge on entrepreneurship and startup ecosystem development, enabling stakeholders to capitalize on the government's support system.","PeriodicalId":47522,"journal":{"name":"JOURNAL OF ECONOMICS AND BUSINESS","volume":"34 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136249296","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 Green Marketing Mix on Purchase Intention of Vietnamese Consumers for Green Food","authors":"Nguyen Hoai Long, L. Huong, N. H. Dung","doi":"10.31014/aior.1992.06.03.518","DOIUrl":"https://doi.org/10.31014/aior.1992.06.03.518","url":null,"abstract":"Businesses are making efforts to implement green marketing to meet the needs of consumers and build a sustainable living environment. Many studies around the world have investigated the influence of marketing mix on green purchase behavior. In order to understand the impact of 7Ps tools of retail service marketing on Vietnamese consumers' green food purchase intention, this study surveyed 368 consumers and analyzed quantitative data. Research shows that 7Ps of green retail stores affect customers attitude and their attitude have impact on their purchase intention. This result is the basis for green food retailers in Vietnam to understand consumers and make more effective green marketing decisions.","PeriodicalId":47522,"journal":{"name":"JOURNAL OF ECONOMICS AND BUSINESS","volume":"26 1","pages":""},"PeriodicalIF":3.8,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75005497","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}
Z. A. Sahabuddin, Edy Sulistyadi, P. Suwarno, Supandi Halim, Mochamad Ramza Rapier Gussa
{"title":"The Sustainable Factors of the East Priangan Micro and Small Entrepreneurs during the COVID-19 Pandemic","authors":"Z. A. Sahabuddin, Edy Sulistyadi, P. Suwarno, Supandi Halim, Mochamad Ramza Rapier Gussa","doi":"10.31014/aior.1992.06.03.517","DOIUrl":"https://doi.org/10.31014/aior.1992.06.03.517","url":null,"abstract":"In Indonesia, the number of micro and small businesses is dominant; therefore, their economic defense against uncertainty becomes vital, especially during the Covid-19 pandemic. By utilizing the explorative approach, this study wants to know the effect of this pandemic on the ability of micro and small businesses in East Priangan to sustain and detect their internal and external sustainability factors during this pandemic. Furthermore, to accomplish these purposes, this study uses interviews to get the data based on the viewpoint of the eight businesspersons in one city: Tasikmalaya, and two regencies: Pangandaran and Ciamis. Based on the result, this study concludes that a heavily damaging effect exists in the business related to tourist attractions (a restaurant in Pangandaran), supplier of materials to restaurants (a tempeh producer in Ciamis), and crowding creation (the seller of various snacks and a wedding organizer in Ciamis). Meanwhile, the middle-damaging impact happens in the coffee shop in Tasikmalaya, the hawker of round-shaped snacks with a chewy texture, and the food staller of hollow tofu with a sauce made of salt, onion, and brown sugar in Ciamis but a street vegetable hawker in Ciamis experiences low-damaging influence. After being asked about internal and external sustainable factors fronting this pandemic, they declare that having money left and using Instagram and WhatsApp to receive consumer orders become their internal sustainable factors. Meanwhile, receiving government aid is an external factor for business survival during the pandemic.","PeriodicalId":47522,"journal":{"name":"JOURNAL OF ECONOMICS AND BUSINESS","volume":"32 1","pages":""},"PeriodicalIF":3.8,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77835607","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":"Sustainable Supply Chain in the Textile and Garment Industry of Vietnam","authors":"Thi Mai Huong Doan, Tram Anh Vu","doi":"10.31014/aior.1992.06.03.533","DOIUrl":"https://doi.org/10.31014/aior.1992.06.03.533","url":null,"abstract":"","PeriodicalId":47522,"journal":{"name":"JOURNAL OF ECONOMICS AND BUSINESS","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136276955","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}
Shinta Heru Satoto, Hasa Nurrohim KP, C Ambar Pujiharjanto
{"title":"Analysis of Interest in Forming Cooperatives in Kayoman Village, Gedangsari District, Gunungkidul Regency, Yogyakarta","authors":"Shinta Heru Satoto, Hasa Nurrohim KP, C Ambar Pujiharjanto","doi":"10.31014/aior.1992.06.03.529","DOIUrl":"https://doi.org/10.31014/aior.1992.06.03.529","url":null,"abstract":"","PeriodicalId":47522,"journal":{"name":"JOURNAL OF ECONOMICS AND BUSINESS","volume":"48 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136271668","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}
Hoang Thanh Tung, Nguyen Thi Van Anh, Nguyen Quoc Anh
{"title":"Research on Digital Marketing for Play Nutrition’s Nutrition Bar","authors":"Hoang Thanh Tung, Nguyen Thi Van Anh, Nguyen Quoc Anh","doi":"10.31014/aior.1992.06.03.534","DOIUrl":"https://doi.org/10.31014/aior.1992.06.03.534","url":null,"abstract":"","PeriodicalId":47522,"journal":{"name":"JOURNAL OF ECONOMICS AND BUSINESS","volume":"64 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136276546","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":"ESG score, board structure and the impact of the non-financial reporting directive on European firms","authors":"Marco Bigelli, Stefano Mengoli, Sandro Sandri","doi":"10.1016/j.jeconbus.2023.106133","DOIUrl":"10.1016/j.jeconbus.2023.106133","url":null,"abstract":"<div><p>The primary objective of this research is to examine the impact of the EU Non-Financial Reporting Directive on the significance of specific board characteristics in promoting higher ESG scores among 835 European companies listed from 2002 to 2020. Empirical results indicate that gender diversity<span>, cultural diversity, a higher number of independent directors on the board, and the presence of a CSR committee all significantly contribute to achieving higher ESG scores. Furthermore, the Non-Financial Reporting Directive 95/2014, which requires large EU firms to report on various environmental, social, and governance issues, not only drives EU firms to attain higher ESG scores but also significantly reduces the ESG gap between companies with and without a CSR committee. Meanwhile, other board characteristics have maintained their relevance to a substantial extent.</span></p></div>","PeriodicalId":47522,"journal":{"name":"JOURNAL OF ECONOMICS AND BUSINESS","volume":"127 ","pages":"Article 106133"},"PeriodicalIF":3.8,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85025009","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 bank competition on contagion risk: The case of Mexico","authors":"Enrique Bátiz-Zuk , José Luis Lara-Sánchez","doi":"10.1016/j.jeconbus.2023.106135","DOIUrl":"10.1016/j.jeconbus.2023.106135","url":null,"abstract":"<div><p>This paper examines the link between bank competition measures and risk indicators using quarterly interbank exposures data for all banks in Mexico during 2008Q1–2019Q1. The classical literature focuses on disentangling the link between competition and individual bank solvency risk. In this paper, we take one step forward in analyzing the relationship between competition and systemic risk. We use counterfactual bank-level contagion risk indicators as a proxy of systemic risk to assess their relationship with traditional competition measures. Our main finding indicates a negative relationship between the bank-level Lerner index and systemic risk. This means that an increase in competition is associated with an increase in systemic risk. Additionally, we find that the implementation of regulatory reform during the period studied does not affect this relationship.</p></div>","PeriodicalId":47522,"journal":{"name":"JOURNAL OF ECONOMICS AND BUSINESS","volume":"127 ","pages":"Article 106135"},"PeriodicalIF":3.8,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83651658","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}