{"title":"Role of Modern Management and Managerial Experience in Improving the Management of Government Organizations: by Applying to Ministry of Education in Taif","authors":"Azza Al-Thaqafi, Al-Faisal Hassan, Fayez Jarad","doi":"10.59992/ijfaes.2024.v3n8p3","DOIUrl":"https://doi.org/10.59992/ijfaes.2024.v3n8p3","url":null,"abstract":"This study aims to explore the role of modern management and managerial experience in improving the management of governmental organizations, focusing on the Ministry of Education in Taif. The study adopted a descriptive approach and was applied to a random sample of 52 employees and managers in the Ministry of Education in Taif, using a questionnaire consisting of 4 personal questions and 12 main questions. The study found that employees recognize the importance of applying modern management principles to improve organizational performance. There is significant interest in employing technology and digitalization and adopting sustainability and social responsibility principles. The results also indicated the need to develop human resource management practices, apply total quality management principles, and enhance flexibility and innovation. Employees confirmed the importance of managerial experience in improving organizational performance, as managerial experience is a crucial factor in facing challenges, building strong relationships, creating a motivating work environment, and making effective decisions. The study also showed a generational difference in understanding the importance of modern management, while there was no significant difference in appreciating the importance of managerial experience and evaluating the success of organizational management. The study recommended enhancing the work environment by applying modern management principles, improving support for employees' professional and personal development, increasing recognition and appreciation of their efforts, organizing more activities and events to enhance interaction, improving communication channels, and providing incentives for employees contributing with innovative ideas.","PeriodicalId":511340,"journal":{"name":"International Journal of Financial, Administrative, and Economic Sciences","volume":"46 20","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-08-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141929523","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 Strategic Leadership in Achieving Competitive Excellence: An Applied Study on Dallah Al Baraka Group of Companies in Jeddah","authors":"Ibrahim Gomsani, Al-Faisal Hassan, Fayez Jarad","doi":"10.59992/ijfaes.2024.v3n8p2","DOIUrl":"https://doi.org/10.59992/ijfaes.2024.v3n8p2","url":null,"abstract":"This study aims to provide a comprehensive overview of the concept of the role of strategic leadership in achieving competitive advantage. The study also aims to determine the role of strategic leadership in achieving competitive advantage in Dallah Al Baraka Company - Jeddah, and to know the level of practices of its senior leadership, and to know the level of practices of middle leadership (department heads). of senior leaders and employees from the point of view of their employees. To achieve the objectives of the study in the chosen environment, Dallah Al Baraka Group of Companies - Jeddah, the field study was applied to a sample of (30) of the company’s employees, divided into 10 (senior leadership); (10) Department heads; (10) employees in the departments, and a questionnaire form was designed with a set of scales, and each scale measures each dimension and each variable separately. The questionnaire form included four sections: demographic data, the role of strategic leadership in achieving competitive excellence, and the impact of strategic leadership on financial performance, the impact of strategic leadership on creative and innovative aspects. Then the researcher used the descriptive analytical method through which he attempts to describe the phenomenon - the subject of the study, answer its questions, and test its hypotheses - and analyze its data using the statistical program SPSS. The study reached several results, the most important of which are: Strategic leadership decisions and practices led to an increase in revenues and profits at Dallah Al Baraka Company. Strategic leadership also contributed to achieving growth and expansion in the organization’s activities and investments. The study also demonstrated the presence of clear indicators that reflect the impact of leadership on competitive advantage. The results of the study confirmed that leadership practices work to achieve competitive excellence in a sustainable manner in Dallah Al Baraka companies, and that creativity and encouraging innovation is the primary factor in enhancing the competitive ability of the organization. The study concluded with some recommendations, the most important of which is the necessity of having effective communication channels to achieve the primary goal of strategic leadership, let it be strategic communication. The study also recommended the need to strive towards training the organization’s employees, whether they are leaders or employees in their work sites, in a way that enables them to perform their work and achieve innovative growth during training.","PeriodicalId":511340,"journal":{"name":"International Journal of Financial, Administrative, and Economic Sciences","volume":"3 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-08-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141925661","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}
Lama Shamlan, Khairat Qabi, Al-Faisal Hassan, Fayez Jarad
{"title":"The Impact of Loan Guarantees on Bank Loan Risks: An Applied Study on the Social Development Bank","authors":"Lama Shamlan, Khairat Qabi, Al-Faisal Hassan, Fayez Jarad","doi":"10.59992/ijfaes.2024.v3n8p1","DOIUrl":"https://doi.org/10.59992/ijfaes.2024.v3n8p1","url":null,"abstract":"This study focuses on a different approach to understanding the impact of loan guarantees on bank risks. In it, utility theory and the descriptive analytical approach are used appropriately to analyze various data and determine the relationship between guarantees and the level of risk. The findings of the study are important, as they show that guarantees contribute effectively to reducing bank risks and provide additional protection for banks when borrowers default. It also enhances financial stability and improves banking decisions. These conclusions also reinforce the importance of loan guarantees in the banking system. It is good that the study recommends the need to improve safeguards policies and implement innovative risk management strategies. Therefore, this will help in enhancing maximum utilization of collateral and improving the performance of banks. However, the study could benefit from adding some clarifications to the methodological part to clarify how to analyze the data and how to define the relationship between safeguards and risks more specifically. Overall, this study provides important findings about the impact of granting loan guarantees on bank risks and recommends measures to enhance banks' utilization of these guarantees. One of the most important objectives of the study is to be a reference for people seeking future loans, such as family and marriage loans.","PeriodicalId":511340,"journal":{"name":"International Journal of Financial, Administrative, and Economic Sciences","volume":"34 21","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-08-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141928317","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":"Filing an Arbitration Award: An Analytical Comparative Study","authors":"Muhammad Al-Rubaidi, Nayef Al Sharif","doi":"10.59992/ijfaes.2024.v3n7p7","DOIUrl":"https://doi.org/10.59992/ijfaes.2024.v3n7p7","url":null,"abstract":"The study dealt with the filing of the arbitration award, its substantive and formal conditions, as well as its purpose. It also analyzed the provisions of the Saudi arbitration law and judicial applications, comparing them with the provisions of Egyptian Arbitration law and their specific judicial applications. The study aimed to understand the procedures for filing arbitration award, the actions arbitration tribunals must take after issuing arbitration award, the legal nature of the filing procedures, who bears the responsibility for filing arbitration award, and the arbitration tribunal's liability in case of non-compliance with filing procedures. It also sought to explore the consequences of filing arbitration award. The study found several key findings: Saudi regulations do not stipulate penalties for failing to file the arbitration award. Saudi regulations excel in specifying a period for filing arbitration award, which the tribunal is responsible for after issuing the award. Egyptian regulations excel in imposing the responsibility for filing arbitration award on the interested party, unlike Saudi regulations where this responsibility lies with the arbitration tribunal. The legal nature of filing arbitration award is regulatory and does not affect the arbitration process or invalidate its outcomes. The study concluded with several recommendations, the most important of which include: amending Article (44) of the Saudi Arbitration Law to transfer the responsibility of filing arbitration award to the interested party instead of the arbitration tribunal, and changing the currently used filing procedure, which involves filing a lawsuit, due to its inconsistency with the nature of the lawsuit.","PeriodicalId":511340,"journal":{"name":"International Journal of Financial, Administrative, and Economic Sciences","volume":"112 9","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141821473","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 legal system for resolving sports disputes before the Saudi Sports Arbitration Centre","authors":"Renad Al-Damour, Hani Moenis, Asmaa Al-Hadidi","doi":"10.59992/ijfaes.2024.v3n7p6","DOIUrl":"https://doi.org/10.59992/ijfaes.2024.v3n7p6","url":null,"abstract":"This study aims to provide a deep understanding of the legal system for resolving sports disputes before the Saudi Sports Arbitration Center and to highlight ways to enhance efficiency and transparency in this field. The study adopts an analytical approach based on a comprehensive review of the legal literature on the subject and the analysis of relevant data and information. The study is divided into two main sections: the nature of resolving sports disputes and the legal system for resolving sports disputes in the Kingdom of Saudi Arabia. Each section is further divided into topics and sub-topics according to the nature and requirements of the study.","PeriodicalId":511340,"journal":{"name":"International Journal of Financial, Administrative, and Economic Sciences","volume":" 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141825702","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":"Customs Lawsuit: An Analytical Study in Light of the Saudi Law","authors":"Sultan Al Sharif, Mustafa Bitar","doi":"10.59992/ijfaes.2024.v3n7p5","DOIUrl":"https://doi.org/10.59992/ijfaes.2024.v3n7p5","url":null,"abstract":"This study aims to shed light on the Saudi legal system governing customs lawsuits in terms of their formal and substantive conditions and the judicial bodies competent to consider customs lawsuits. The study adopted an analytical approach to the provisions of the Gulf Cooperation Council (GCC) law, related regulations, and the decisions of customs committees. The study is divided into two sections: the first discusses the initiation of customs lawsuits, and the second addresses the court competent to consider customs lawsuits. The study concluded with several findings and recommendations, the most important of which are as follows: 1. The formal conditions for initiating a customs lawsuit include submitting a written request from the Director General of Customs, the Zakat, Tax, and Customs Authority (the Authority), and including sufficient data in the request. The substantive conditions include the issuance of the request by the legally authorized person and directing the request to the Public Prosecution. 2. Customs lawsuits are considered by three primary judicial committees, supervised by the Secretariat of Zakat, Tax, and Customs Committees. The decisions of the primary committees can be appealed before the Appeals Committee in Riyadh. 3. The customs committees are competent to consider customs smuggling crimes stipulated in Articles 142 and 143 of the Unified Customs Law. They also have jurisdiction over violations against the executive regulations of the mentioned system, as well as objections to collection and fine decisions covered by Articles 147 and 148 of the system. 4. The criterion governing the jurisdiction to initiate a customs lawsuit is the date of the goods' import declaration or export date. If the declaration date is before 02/09/1440 AH, the jurisdiction lies with the Authority. If the declaration is issued after 02/09/1440 AH, the jurisdiction lies with the Public Prosecution. 5. We recommend researchers and students conduct their research in Saudi customs and tax law, focusing on types of crimes and violations, their penalties, and the statute of limitations in customs and tax matters. They should consider Algerian law as a comparative law due to its recent amendments, the latest of which was in 2017.","PeriodicalId":511340,"journal":{"name":"International Journal of Financial, Administrative, and Economic Sciences","volume":" 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141826582","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":"Transition Towards a Circular Economy: Requirements and Challenges in Iraq","authors":"Wasn Najm","doi":"10.59992/ijfaes.2024.v3n7p4","DOIUrl":"https://doi.org/10.59992/ijfaes.2024.v3n7p4","url":null,"abstract":"Within the framework of the global trend towards diversifying the structure of the economy, it is necessary to search for alternatives other than (oil), the depleted resource that is most vulnerable to fluctuations in global markets. It is possible to benefit from the waste of factories and factories and produce new goods that create added value. Therefore, the carbon circular economy sector is considered one of the important indicators in the strategies and visions of sustainable development in Iraq for the year (2030), even though it has no real contribution to the national income at the present time due to the weakness of Environmental awareness and not giving real priority to that sector economy (CCE). The research aims to explain the reality and challenges of the circular economy in it according to global circular economy (CCE) indicators, and there are a set of requirements to ensure the sustainability of the transition towards a circular economy that must be provided. The research concluded that Iraq occupied late positions among the group of selected countries in the global ranking for the overall score of the Carbon Circular Economy (CCE) Transition Index for the years (2021-2022), as it achieved a ranking of (55) globally, as well as for the overall score of the Oil Producers Index, achieving (27 globally for the year) (2022). This is a natural result of the low contribution of the sub- and enabling indicators to the circular economy of Iraq.","PeriodicalId":511340,"journal":{"name":"International Journal of Financial, Administrative, and Economic Sciences","volume":" 88","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141825671","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 Strategic Flexibility in Achieving Competitive Advantage: A Field Study on Yemeni Private Cement Manufacturing Companies","authors":"Adnan Al-Absi, Mohamed Ali, Fahd Hasan","doi":"10.59992/ijfaes.2024.v3n7p3","DOIUrl":"https://doi.org/10.59992/ijfaes.2024.v3n7p3","url":null,"abstract":"The study aimed to determine the impact of strategic flexibility in achieving competitive advantage in private cement manufacturing companies in the Republic of Yemen. The study used the descriptive analytical approach, and the questionnaire was relied upon as a tool for collecting data. The study population was formed through the method of comprehensive inventory of the occupants of management and specialist positions in the companies under study of (561) individuals, (452) valid questionnaires were retrieved for analysis. The Statistical Package for the Sciences (SPSS) version 20, the statistical program(STATA) (14) and the most important of which is the presence of a high level of practicing strategic flexibility and achieving competitive advantage in private cement manufacturing companies, and the presence of a statistically significant effect of dimensions of strategic flexibility (market flexibility, production flexibility, and human capital flexibility) affect the achievement of competitive advantage in private cement manufacturing companies Among its most important recommendations: adopting strategic flexibility at various levels of decision-making in the companies under study, paying attention to and encouraging new ideas for employees and adopting them, stimulating the creation of a culture of creativity among them.","PeriodicalId":511340,"journal":{"name":"International Journal of Financial, Administrative, and Economic Sciences","volume":"65 20","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141643631","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 Legal System for Companies Owned by the Public Investment Fund","authors":"Khaled Al Harithi, Nayef Al Sharif","doi":"10.59992/ijfaes.2024.v3n7p1","DOIUrl":"https://doi.org/10.59992/ijfaes.2024.v3n7p1","url":null,"abstract":"The study focused on the legal system of companies owned by the Public Investment Fund, and was divided into two sections, and the first section dealt with the legal system of companies owned by the Public Investment Fund, divided into two requirements, and focused on the first requirement legal system for companies owned by the Public Investment Fund, and focused on the second requirement legal personality of companies owned by the Public Investment Fund, and the second section focused on companies owned by the Public Investment Fund, and divided into two requirements, the first of which is the establishment and management of companies owned by the Public Investment Fund. Public investments, the second requirement reviews the control and expiry of companies owned by the Public Investment Fund. The main objective of the study is to know the legal nature of the companies owned by the Public Investment Fund, and to know the type of legal personality granted to them to know whether they fit the description of government agencies or not. And to know the supervisory authority to which the companies owned by the Public Investment Fund are subject. The study found that the companies owned by the Public Investment Fund are private commercial companies and have their own legal personality independent of the personality of their owner - the Public Investment Fund - and do not fit the description of government agencies. The study recommended that the Saudi regulator quickly issue the draft Commercial Transactions Law, which included an explicit provision to grant state-owned companies, including companies owned by the Public Investment Fund, the status of traders.","PeriodicalId":511340,"journal":{"name":"International Journal of Financial, Administrative, and Economic Sciences","volume":"43 12","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141650792","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":"Probationary Period Provisions in the Saudi Labor System","authors":"Ghadaf Al-Balawi","doi":"10.59992/ijfaes.2024.v3n6p5","DOIUrl":"https://doi.org/10.59992/ijfaes.2024.v3n6p5","url":null,"abstract":"The labor system and its rules governing employment relations constitute a branch of law widely applicable in practical settings. This has led to the emergence of the probationary period clause, meeting the needs of parties in certain employment contracts. The study highlights the practical significance of the probationary period clause in employment contracts, particularly its impact on terminating employment without just cause. Therefore, the study emphasizes the importance of examining the probationary period clause and delineating the parties' rights within the employment contract. The main issue addressed in the study pertains to the provisions of the probationary period clause, notably concerning the omission in the law regarding the employee's entitlement to annual leave pay and the employer's right to terminate a female employee during maternity leave. The study employs an analytical approach by reviewing the provisions of Saudi labor law regulating probationary period clauses. It concludes that during the probationary period, termination results only in the loss of compensation and end-of-service benefits, but it does not explicitly forfeit the right to annual leave pay. Additionally, the law does not clearly grant the employer the right to terminate a female employee during maternity leave, despite explicitly prohibiting absolute termination during this period. The study recommends clarifying whether the probationary period counts towards the accrued period for annual leave pay calculation and suggests attaching conditions to the termination of employment during probation, ensuring the employee's right not to be dismissed while on maternity leave.","PeriodicalId":511340,"journal":{"name":"International Journal of Financial, Administrative, and Economic Sciences","volume":" 19","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141679495","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}