{"title":"Liquidity-to-GDP Ratio, Business Activity, and Financial Security: Implications for Poverty Alleviation","authors":"Wasif Ali Khan, Komal Urooj, Amina Alamgir","doi":"10.52131/jom.2024.0602.0123","DOIUrl":"https://doi.org/10.52131/jom.2024.0602.0123","url":null,"abstract":"Purpose of the research is to find the influence of financial development on poverty in developing economies. Panel data was used of 50 developing countries (1995-2017) and estimated the results by using Generalized Method of Moments (GMM) technique. According to the estimated model, the impact of liquidity-to-GDP ratio (financial development) on poverty was negative, as financial development increases poverty reduces. The outcome variable studied was poverty, which was quantified as the headcount ratio. The other main explanatory variables used to explain or predict poverty were business activity (proxied through economic growth rate) and financial security (proxied through employment). Data was obtained from WDI, Freedom House, and Transparency International. The findings demonstrate a substantial inverse connection amongst liquidity-to-GDP ratio and poverty, implying that enhanced financial systems have the potential to decrease levels of poverty. Furthermore, poverty exhibited negative relationships with business activity and that of with financial security. The results corroborate the assertion that financial development not only promotes economic expansion but also improves poverty alleviation by expanding the availability of financial services for impoverished individuals. Policy recommendations stress the significance of enhancing the financial sector in emerging nations to successfully alleviate poverty.","PeriodicalId":482598,"journal":{"name":"iRASD journal of management","volume":" 21","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141370233","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":"Building Lasting Connections: Cultivating Brand loyalty through Relationship and Commitment","authors":"Farah Noreen Arshad","doi":"10.52131/jom.2023.0503.0112","DOIUrl":"https://doi.org/10.52131/jom.2023.0503.0112","url":null,"abstract":"Because of the cutthroat rivalry that exists in the fashion sector, customers are faced with a bewildering selection of options, which makes it extremely difficult to win and keep their allegiance. Using the literature on relationship marketing as a jumping off point, this study investigates the dynamic link that exists between \"brand trust,\" \"customer satisfaction,\" \"brand evaluation,\" \"brand commitment,\" \"brand relationship,\" and \"brand loyalty\" in the context of Pakistan's fashion sector. This study conducts an in-depth analysis of 460 answers from important fashion brand customers in the South Punjab province of Pakistan. The data utilised in this investigation was gathered by means of structured surveys that were carried out using the mall intercept methodology. The use of the Structural Equation Modelling (SEM) technique allows for a comprehensive investigation into the ways in which the variables are related to one another on the basis of well-established theoretical premises. The conclusions of this research have important repercussions for marketing executives and brand managers, since they provide such individuals with useful techniques to strengthen client loyalty. These tactics place a strong emphasis on the management of online brand communities and make use of new technology to strengthen market orientation. They are widely regarded as being essential for the cultivation of \"brand loyalty\" in the fashion industry.","PeriodicalId":482598,"journal":{"name":"iRASD journal of management","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136011450","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}