Business and economics journal最新文献

{"title":"The Impact of Macroeconomic Variables on Stock Prices: A Case Study of Karachi Stock Exchange","authors":"J. Khan, I. Khan","doi":"10.4172/2151-6219.1000365","DOIUrl":"https://doi.org/10.4172/2151-6219.1000365","url":null,"abstract":"Investment decisions are highly influenced by macroeconomic variables as changes in macroeconomic variables effect stock markets differently according to the country economic conditions and government policies. The study contributes by determining the effect of various macroeconomic variables on stock prices of Pakistan by analysing the monthly data from May 2000-August 2016. As all the variables are stationary at first difference thus ideal ARDL approach of bound testing is applied to check the short term and long term co-integration of the macroeconomic variables on stock prices. The findings suggest that stock prices of Karachi Stock Exchange in long term are significantly affected by money supply, exchange rate, and interest rate. In short term all the variables are insignificant except exchange rate which is negatively co-integrated with stock prices. The central bank shall be vigilant while changing the money supply in market because too much increase in money supply could affect investment as well as stock market. The regulator should keep interest rate relatively low to encourage economic activities, improve external economic environment through rule based exchange rate policy and avoid discretionary measures.","PeriodicalId":92484,"journal":{"name":"Business and economics journal","volume":"9 1","pages":"1-8"},"PeriodicalIF":0.0,"publicationDate":"2018-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4172/2151-6219.1000365","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70228380","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":"Assessing the Impact of NAADS Programme on Agricultural Economic Performance in Mbarara District","authors":"K. TamsonNuwagaba, R. FirimooniBanugire, R. NuwabiimpaMilton","doi":"10.4172/2151-6219.1000375","DOIUrl":"https://doi.org/10.4172/2151-6219.1000375","url":null,"abstract":"This study was conducted on assessing the impact of NAADS programme on agricultural economic performance in Mbarara district. Agricultural Economic performance was assessed in terms of household income and commercialization. The study was done in two Sub-Counties i.e. Nyamitanga and Mwiizi S/County to represent Mbarara district. A sample of 132respondents was used of both NAADS and Non-NAADS farmers in both Goat rearing and Piggery and NAADS Coordinators who were involved in the programme from the district to Parish level in Mbarara district. Both stratified and purposive sampling were used to select the sample in both Mwiizi sub –county and Nyamitanga division as, 63 NAADS farmers of both enterprises (goat and pig rearing) and 6 NAADS Coordinators from two S/Counties as well as 63 NonNAADS farmers from the same enterprises in both sub-counties.The study used both questionnaire survey and interview methods in collecting data from the field.The study adopted a Quasi- experimental research design where difference in difference model was used. The Difference between means was used to determine if there is a significant difference between NAADS and NonNAADS on economic outcomes of commercialization and household income in Mbarara district. The primary data was collected using questionnaire survey and interview methods and analyzed using SPSS. The findings show that there was no significant difference on level of commercialization in terms of technology adoption; household income in both NAADS and NonNAADS farmers involved in goat rearing and piggery in Mbarara district. Basing on the findings, the level of monitoring and supervision, distribution of farm inputs and service delivery, fund flows to facilitate the coordinators and service providers, and purchase inputs, farm inputs to distribute to farmers, attitude of farmers towards government programmes and corruption and embezzlement of funds were the most important factors that greatly affected the economic performance of NAADS programme in Mbarara district. In recommendation, the government should increase the level of monitoring and supervision at different levels, increasing in the accessibility of inputs and service delivery, anti-corruption and embezzlement laws, allocation of enough funds, empowerment of the institutions like the local government, farmer groups and other civil society organisations (CSOs), increase on the level of accessibility through fair distribution of farm inputs and encourage pilot studies in area where the programme is to be implemented. Keywords : NAADS Programme, Agricultural Economic Performance. DOI : 10.7176/JESD/10-7-06 Publication date : April 30 th 2019","PeriodicalId":92484,"journal":{"name":"Business and economics journal","volume":"09 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4172/2151-6219.1000375","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70228852","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":"Applying Anholt's National Branding Model: The Case of Kenya","authors":"M. Mary, Mwencha Peter Misiani","doi":"10.4172/2151-6219.1000335","DOIUrl":"https://doi.org/10.4172/2151-6219.1000335","url":null,"abstract":"In essence, branding a country improves its profile and reputation, thereby enabling it to attract foreign direct investments while making it an ideal destination for tourism and trade. For this reason, governmental entities are beginning to employ branding strategies to sell their regions and countries to the rest of the world. This phenomenon has resulted in a new concept of marketing called place branding. With Kenya seeking to position itself as an attractive investment destination and with aspirations of becoming a middle-income country by the year 2030, it is essential to identify the critical place branding strategies and ensure these are incorporated into the country’s strategic plan (Vision 2030) in order to compete effectively against competition. Accordingly, the researchers extensively review existing literature relating to place branding. From the analysis, the authors propose a conceptual framework for strategic place branding for Kenya. The paper concludes by suggesting areas that future studies should address.","PeriodicalId":92484,"journal":{"name":"Business and economics journal","volume":" ","pages":"1-6"},"PeriodicalIF":0.0,"publicationDate":"2017-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4172/2151-6219.1000335","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45910229","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":"Quality Assurance for Economy Classification based on Data Mining Techniques","authors":"A. Rawas, Hamdi A. Mahmoud","doi":"10.4172/2151-6219.1000333","DOIUrl":"https://doi.org/10.4172/2151-6219.1000333","url":null,"abstract":"Researchers in the quality assurance field used traditional techniques for increasing the organization income and take the most suitable decisions. Today they focus and search for a new intelligent techniques in order to enhance the quality of their decisions. This paper based on applying the most robust trend in computer science field which is data mining in the quality assurance field. The cases study which is discussed in this paper based on detecting and predicting the developed and developing countries based on the indicators. This paper uses three different artificial intelligent techniques namely; Artificial Neural Network (ANN), k-Nearest Neighbor (KNN), and Fuzzy k-Nearest Neighbor (FKNN). The main target of this paper is to merge between the last intelligent techniques applied in the computer science with the quality assurance approaches. The experimental result shows that proposed approaches in this paper achieved the highest accuracy score than the other comparative studies as indicates in the experimental result section.","PeriodicalId":92484,"journal":{"name":"Business and economics journal","volume":"8 1","pages":"1-11"},"PeriodicalIF":0.0,"publicationDate":"2017-12-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4172/2151-6219.1000333","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46363988","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":"Relationship between Inflation and Monetary Indicators of Mongolia","authors":"T. Ulziideleg","doi":"10.4172/2151-6219.1000332","DOIUrl":"https://doi.org/10.4172/2151-6219.1000332","url":null,"abstract":"Including quarterly data from 1994-2004, and based on the classical theory of money policy and several empirical research, we have modelled the econometric model that indicate the relationship between money supply, exchange rate and inflation via CPI in the case of Mongolia. A series of tests have been done regarding to the true model. A positive finding is that the money supply and exchange rate have highly effects on inflation. This result may be developed in further study for the inflation targeting policy in Mongolia.","PeriodicalId":92484,"journal":{"name":"Business and economics journal","volume":" ","pages":"1-8"},"PeriodicalIF":0.0,"publicationDate":"2017-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48096797","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":"Corporate Tax Payments and Corporate Social Responsibility: Complements or Substitutes? Empirical Evidence from Europe","authors":"A. Preu, Bjorn Preu","doi":"10.4172/2151-6219.1000326","DOIUrl":"https://doi.org/10.4172/2151-6219.1000326","url":null,"abstract":"Recent empirical studies find mixed evidence on the relation between corporate social responsibility and corporate tax payments. We investigate for a European sample whether the two constructs act as substitutes or complements. We analyse the relation using a linear unobserved effects panel model. Our findings suggest that corporate social responsibility and corporate tax payments act as substitutes.","PeriodicalId":92484,"journal":{"name":"Business and economics journal","volume":" ","pages":"1-8"},"PeriodicalIF":0.0,"publicationDate":"2017-11-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48056113","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":"Effect of Diversification on Portfolio Risk Management at Rwanda Social Security Board","authors":"J. Harelimana","doi":"10.4172/2151-6219.1000325","DOIUrl":"https://doi.org/10.4172/2151-6219.1000325","url":null,"abstract":"The study was conducted to analyze the effect of diversification on portfolio risk management at Rwanda Social Security Board (RSSB). Both primary and secondary data were collected under this study in order to capture the total variation of the two variables. A sample of 84 respondents out of 124 was selected using Solvins formula to respond the structured questionnaire and structured interviews. After coding and editing the data was analyzed using SPSS where the overall mean and deviation was used to observe the perception from respondents. The researcher found there was a significance strong relationship between diversification of portfolio on portfolio risk management at RSSB where the Pearson correlation coefficient was found to be 0.964. However, recommendations given focusing on improvement of international diversification to reduce its portfolio risk, to reduce risks through the purchase of a mutual fund and should not directly invest in securities with maturities greater than the limits imposed by investment policy.","PeriodicalId":92484,"journal":{"name":"Business and economics journal","volume":"1 1","pages":"16-26"},"PeriodicalIF":0.0,"publicationDate":"2017-11-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4172/2151-6219.1000325","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46656480","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":"Impact of Human Capital Input and Institutional Factors on Productivity of Female Staff in Princess Nourah bint Abdulrahman University (PNU","authors":"Hiyam Ahmed Abdulrahman","doi":"10.4172/2151-6219.1000324","DOIUrl":"https://doi.org/10.4172/2151-6219.1000324","url":null,"abstract":"This study discusses the impact of human capital input and institutional factors on female staff productivity of Princess Norah University (PNU) in Saudi Arabia. A descriptive analysis model (Achieve) was used, consisting of seven individual and institutional factors. One sample T-Test, regression and correlation analysis tools were used. Main findings of the study were: Ability factor had the highest impact on PNU female staff productivity. Environment, Incentive, Validity and Evaluation factors had limited effect on female productivity in PNU. To boost the female staff productivity, the study recommended that more investment on human capital is required, promoting the work environment, developing the evaluation and incentive systems providing strong support for female staff by the university administration.","PeriodicalId":92484,"journal":{"name":"Business and economics journal","volume":"2017 1","pages":"1-6"},"PeriodicalIF":0.0,"publicationDate":"2017-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4172/2151-6219.1000324","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45913723","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":"Do Non-Financial Factors Matter for SMEs Performance? âÂÂCase from JordanâÂÂ","authors":"Ahmad M. Mashal","doi":"10.4172/2151-6219.1000323","DOIUrl":"https://doi.org/10.4172/2151-6219.1000323","url":null,"abstract":"The aim of this study is to investigate the non-financial factors that affect the performance of SMEs in Jordan. The study identified six factors that extracted from previous studies to be examined in order to investigate their impact on the performance of SMEs in Jordan. The identified factors are: product and services, customers and markets, innovation and training, competition, Government policy and intervention and strategy. These factors can be utilized to recognize intricate and problematic areas so as to take corrections. The research population were all managers and employees in the furniture sector in Amman-Jordan. The population consists of the owner and the employees working at furniture sector in Amman city. The study used primary data that collected through survey designed to bring the required data. The finding of the research revealed that government policy, innovations and training, and competition were found to be significant in improving the performance of SMEs in Jordan, others factors were not found significant.","PeriodicalId":92484,"journal":{"name":"Business and economics journal","volume":" ","pages":"1-8"},"PeriodicalIF":0.0,"publicationDate":"2017-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4172/2151-6219.1000323","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47402363","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":"Enigma in Transformational Leadership-Been There Done That Syndrome vs. Black Box in Transformational Leadership: A Case from Pakistan's Public Sector","authors":"A. Hasnain","doi":"10.4172/2151-6219.1000319","DOIUrl":"https://doi.org/10.4172/2151-6219.1000319","url":null,"abstract":"In present study, we seek to develop a conceptual model to check the direct effect of transformational leadership along with its rarely addressed indirect impact on affective organizational commitment through psychological empowerment particularly in public sector. The mediation model under transformational leadership theory is tested using PLS modelling. The results of the study are based on a sample size of 117 respondents from a public sector organization i.e., NADRA (National Database and Registration Authority) located nationwide in Pakistan. However, the scope of the present study encompasses the five major regions of Punjab province. The results positively supported the effect of transformational leadership on affective organizational commitment. Moreover, psychological empowerment mediated the relationship between transformational leadership and affective organizational commitment. Implications extend the literature in terms of applicability of transformational leadership theory in public sector organizations.","PeriodicalId":92484,"journal":{"name":"Business and economics journal","volume":"8 1","pages":"1-10"},"PeriodicalIF":0.0,"publicationDate":"2017-10-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47921290","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}