In the current highly competitive mobile financial service market, all organizations must establish long-term relationships with their clients and achieve the highest level of loyalty. Despite many studies, maintaining long-term relationships remains a formidable challenge. This study investigates how brand image moderates the association between relationship quality and brand loyalty. A theoretical framework was established, and structural equation modeling was utilized to examine the relationships. Data was collected from 257 respondents from 6 upazilas using systematic random sampling. The data was analyzed using SmartPLS-based structural equation modeling. The findings indicated a notable connection among trust, commitment, and brand loyalty. The results indicated that brand image moderates the impact of satisfaction and communication on brand loyalty. Lastly, brand image has a positive but insignificant moderating impact on security to brand loyalty association. These outcomes have both theoretical and practical consequences.
{"title":"Does Brand Image Matters in Developing Long-Term Relationship in Mobile Financial Service Industry?","authors":"Rajesh Kumar Saha, Md. Borak Ali","doi":"10.48185/sebr.v5i1.1069","DOIUrl":"https://doi.org/10.48185/sebr.v5i1.1069","url":null,"abstract":"In the current highly competitive mobile financial service market, all organizations must establish long-term relationships with their clients and achieve the highest level of loyalty. Despite many studies, maintaining long-term relationships remains a formidable challenge. This study investigates how brand image moderates the association between relationship quality and brand loyalty. A theoretical framework was established, and structural equation modeling was utilized to examine the relationships. Data was collected from 257 respondents from 6 upazilas using systematic random sampling. The data was analyzed using SmartPLS-based structural equation modeling. The findings indicated a notable connection among trust, commitment, and brand loyalty. The results indicated that brand image moderates the impact of satisfaction and communication on brand loyalty. Lastly, brand image has a positive but insignificant moderating impact on security to brand loyalty association. These outcomes have both theoretical and practical consequences.","PeriodicalId":135884,"journal":{"name":"Studies in Economics and Business Relations","volume":"21 s38","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140224646","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}
This study examines the influence of Total Quality Management (TQM) on customer satisfaction, patronage, productivity gains and sustainability in organizations. The study collects data from relevant materials through the application of library research design. The study found that managers didn’t pay the required attention on issues really happening in the organizations, despite the existence of improvement programs and principles. Hence, real time improvements with corrective measures are not present in the process of enhancing organizations’ overall quality. The study points out that lack of commitment from any particular group is a serious challenge to quality management. Especially, when this comes from the management who are in the control of the tasks, and it can be a major barrier to the successful implementation of TQM. Quality management programs have failed because they were not consistent and regularly. To achieve a holistic implementation of quality management requires a cultural change in the way tasks are conducted in organizations. However, the study recommends that managers should take corrective measures that would focus on the issues really happening in organizations. They should also consider total quality management tasks to be a continue process, rather than a periodic process. This demands for total cultural change in the way and manner activities are planned and executed in organizations.
{"title":"Total Quality as an Effective Tool for Achieving Customer Satisfaction, Patronage, Productivity Gains and Sustainability in Organizations","authors":"Kabiru Abdulkadir","doi":"10.48185/sebr.v4i2.893","DOIUrl":"https://doi.org/10.48185/sebr.v4i2.893","url":null,"abstract":"This study examines the influence of Total Quality Management (TQM) on customer satisfaction, patronage, productivity gains and sustainability in organizations. The study collects data from relevant materials through the application of library research design. The study found that managers didn’t pay the required attention on issues really happening in the organizations, despite the existence of improvement programs and principles. Hence, real time improvements with corrective measures are not present in the process of enhancing organizations’ overall quality. The study points out that lack of commitment from any particular group is a serious challenge to quality management. Especially, when this comes from the management who are in the control of the tasks, and it can be a major barrier to the successful implementation of TQM. Quality management programs have failed because they were not consistent and regularly. To achieve a holistic implementation of quality management requires a cultural change in the way tasks are conducted in organizations. However, the study recommends that managers should take corrective measures that would focus on the issues really happening in organizations. They should also consider total quality management tasks to be a continue process, rather than a periodic process. This demands for total cultural change in the way and manner activities are planned and executed in organizations.","PeriodicalId":135884,"journal":{"name":"Studies in Economics and Business Relations","volume":"77 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139147357","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}
This paper attempts to study the herding behaviour of Energy sector stocks toward the Market & equal-weighted average portfolio of the sector of BRICS. This study uses Closing price data from January 1st 2017 to December 31st 2022, of all fossil fuel companies from the energy sector of BRICS for those data was available. Those Companies were removed from a sample which was listed during the study period or delisted at any time during the study period. Nine companies selected from Brazil, 11 from Russia, one from India, 33 from China & 3 from South Africa are taken as a sample in this study. CSAD by Chang et al. (2000) & CSSD by Christie and Huang (1995) methodology for analysis of the herding behaviour is used in this study. The results show the herding behaviour during the study period in some countries of BRICS using the CSSD method & CSAD. Mostly found in China.
本文试图研究能源板块股票对市场的羊群行为&金砖国家板块的等加权平均投资组合。本研究使用金砖国家能源部门所有化石燃料公司2017年1月1日至2022年12月31日的收盘价数据,因为这些数据是可用的。这些公司在研究期间被从样本中除名,或在研究期间的任何时间被除名。本研究选取了巴西9家公司、俄罗斯11家公司、印度1家公司、中国33家公司和南非3家公司作为样本。本研究采用Chang et al.(2000)的CSAD和Christie and Huang(1995)的CSSD放牧行为分析方法。利用CSSD方法和CSAD方法对金砖国家部分国家的放牧行为进行了研究。主要在中国发现。
{"title":"Herding Behavior in Stock Market: An Empirical Study of Energy Sector of BRICS Nations","authors":"Heavendeep Singh, Dhanraj Sharma","doi":"10.48185/sebr.v4i1.777","DOIUrl":"https://doi.org/10.48185/sebr.v4i1.777","url":null,"abstract":"This paper attempts to study the herding behaviour of Energy sector stocks toward the Market & equal-weighted average portfolio of the sector of BRICS. This study uses Closing price data from January 1st 2017 to December 31st 2022, of all fossil fuel companies from the energy sector of BRICS for those data was available. Those Companies were removed from a sample which was listed during the study period or delisted at any time during the study period. Nine companies selected from Brazil, 11 from Russia, one from India, 33 from China & 3 from South Africa are taken as a sample in this study. CSAD by Chang et al. (2000) & CSSD by Christie and Huang (1995) methodology for analysis of the herding behaviour is used in this study. The results show the herding behaviour during the study period in some countries of BRICS using the CSSD method & CSAD. Mostly found in China.","PeriodicalId":135884,"journal":{"name":"Studies in Economics and Business Relations","volume":"48 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114598005","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}
The global economy and financial markets around the world are said to be adversely affected by the terrorist attack of 11 September 2001. The present study empirically evaluates the impacts of terrorist attacks on the top 20 stock market indices of the world. The Event study approach is used to conclude that there is a significant impact of the terrorist attack on stock indices of the selected countries, as the following stock market indices showed an adverse abnormal return on the day of the event namely, New York Stock Exchange, NASDAQ, Shenzhen Stock Exchange, National Stock Exchange of India, Frankfurt Stock Exchange, Bombay Stock Exchange, Euronext Paris Exchange, Johannesburg stock exchange and Euronext Brussels. While the rest of the selected stock markets showed a positive abnormal return on the event date. In the following days of the event, the Stock exchange in China showed a negative abnormal CAR for 80 days, while stock exchanges in India showed a negative abnormal CAR in the 20 days following the event. Most of the stock exchanges were not much affected by the event, even if there was an effect it didn’t last long, as the abnormal return was positive after a while.
{"title":"Does Stock Market React to Terrorist Attack? An Evidence from 9/11 Attack Using Event Study","authors":"Dhanraj Sharma, Ruchita Verma, Murad Al- Bukari","doi":"10.48185/sebr.v4i1.778","DOIUrl":"https://doi.org/10.48185/sebr.v4i1.778","url":null,"abstract":"The global economy and financial markets around the world are said to be adversely affected by the terrorist attack of 11 September 2001. The present study empirically evaluates the impacts of terrorist attacks on the top 20 stock market indices of the world. The Event study approach is used to conclude that there is a significant impact of the terrorist attack on stock indices of the selected countries, as the following stock market indices showed an adverse abnormal return on the day of the event namely, New York Stock Exchange, NASDAQ, Shenzhen Stock Exchange, National Stock Exchange of India, Frankfurt Stock Exchange, Bombay Stock Exchange, Euronext Paris Exchange, Johannesburg stock exchange and Euronext Brussels. While the rest of the selected stock markets showed a positive abnormal return on the event date. In the following days of the event, the Stock exchange in China showed a negative abnormal CAR for 80 days, while stock exchanges in India showed a negative abnormal CAR in the 20 days following the event. Most of the stock exchanges were not much affected by the event, even if there was an effect it didn’t last long, as the abnormal return was positive after a while. ","PeriodicalId":135884,"journal":{"name":"Studies in Economics and Business Relations","volume":"56 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124534303","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}
Social entrepreneurship was imperative in the economic and political spheres since the 1980s, thanks to the efforts of powerful foundations such as Ashoka or the Grameen Bank, which aroused the interest of the scientific community in this phenomenon. Since the 1990s several research works concerning social entrepreneurship were born, giving birth to several definitions, conceptions, and theoretical readings, going from economics to anthropology. Nevertheless, the researchers were not able to develop a standardized theory, so leaving the field open for various interpretations of various disciplines made social entrepreneurship a metapragmatic field. The purpose of this article is to highlight the theoretical foundations of social entrepreneurship through a comparative approach. We first tried to entrench social entrepreneurship in time, after we had characterized it by the key concepts that make up the readings of the phenomenon," said we do not claim completeness our main goal is to find conceptual models allowing researchers to decipher the practices of social entrepreneurship in its different forms of socio-economic expression in different contexts, something that was achieved by our proposal of a sketch on the four conceptual pillars of social entrepreneurship.
{"title":"Social entrepreneurship: laying the foundations of a nascent paradigm","authors":"Marwane EL HALAISSI","doi":"10.48185/sebr.v4i1.750","DOIUrl":"https://doi.org/10.48185/sebr.v4i1.750","url":null,"abstract":"Social entrepreneurship was imperative in the economic and political spheres since the 1980s, thanks to the efforts of powerful foundations such as Ashoka or the Grameen Bank, which aroused the interest of the scientific community in this phenomenon. Since the 1990s several research works concerning social entrepreneurship were born, giving birth to several definitions, conceptions, and theoretical readings, going from economics to anthropology. Nevertheless, the researchers were not able to develop a standardized theory, so leaving the field open for various interpretations of various disciplines made social entrepreneurship a metapragmatic field. The purpose of this article is to highlight the theoretical foundations of social entrepreneurship through a comparative approach. We first tried to entrench social entrepreneurship in time, after we had characterized it by the key concepts that make up the readings of the phenomenon,\" said we do not claim completeness our main goal is to find conceptual models allowing researchers to decipher the practices of social entrepreneurship in its different forms of socio-economic expression in different contexts, something that was achieved by our proposal of a sketch on the four conceptual pillars of social entrepreneurship.","PeriodicalId":135884,"journal":{"name":"Studies in Economics and Business Relations","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129677183","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}
Russia–Ukraine war has increased systemic vulnerabilities of the global economy. Therefore, the purpose of this study is to identify the economic implications of the Russian-Ukrainian war (2022) on the global prices of strategic commodities. Strategic commodities were divided into three main types: energy commodities, food commodities, and mining commodities. According to World Bank reports, the monthly data of commodities prices from M05/2021 to M05/2022 has been used. In addition, a comparative analysis approach was used to compare the prices of commodities before and after the war. The study concluded that the Russian-Ukrainian war had a negative impact on the prices of energy commodities, especially crude oil, natural gas and coal. The results indicated that the Russian-Ukrainian war negatively affected the prices of food commodities such as wheat, maize and oil. The study found that some mining commodities such as aluminium, nickel and zinc were negatively affected by the war.
{"title":"Russian-Ukrainian War and its Economic Implications on the Prices of Strategic Commodities.","authors":"Mohammed Zaid, Mohammed Farooque Khan","doi":"10.48185/sebr.v3i2.738","DOIUrl":"https://doi.org/10.48185/sebr.v3i2.738","url":null,"abstract":"Russia–Ukraine war has increased systemic vulnerabilities of the global economy. Therefore, the purpose of this study is to identify the economic implications of the Russian-Ukrainian war (2022) on the global prices of strategic commodities. Strategic commodities were divided into three main types: energy commodities, food commodities, and mining commodities. According to World Bank reports, the monthly data of commodities prices from M05/2021 to M05/2022 has been used. In addition, a comparative analysis approach was used to compare the prices of commodities before and after the war. The study concluded that the Russian-Ukrainian war had a negative impact on the prices of energy commodities, especially crude oil, natural gas and coal. The results indicated that the Russian-Ukrainian war negatively affected the prices of food commodities such as wheat, maize and oil. The study found that some mining commodities such as aluminium, nickel and zinc were negatively affected by the war.","PeriodicalId":135884,"journal":{"name":"Studies in Economics and Business Relations","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122061894","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}
This study aimed to examine the effects of non-performing loans on the profitability and lending behavior of commercial banks in Yemen. The study used a descriptive-analytical approach. The data of the study were obtained from the annual financial reports (2010 -2018) of 6 commercial banks operating in Yemen. A panel data model was used in this study. The independent variable of the study was non-performing loans as measured by non-performing loans to total loans and advances ratio (NPLS) while the dependent variables of the study were profitability (ROA and ROE) and lending behavior as measured by loans and advances growth (LAG) of the commercial banks in Yemen. To test the hypotheses of the study, regression analysis was used. The results of the study showed that there is a positive and significant effect of the non-performing loans ratio (NPLs) on the return on equity (ROE) of commercial banks in Yemen. Whereas the study found no effect of (NPLs) on the return on assets (ROA) and loans and advances growth (LAG) of commercial banks in Yemen.
{"title":"Non-Performing Loans Effects on Profitability and Lending Behavior of Commercial Banks: Evidence from Yemeni Commercial Banks Sector","authors":"M. Zaid, Mohammed Farooque Khan","doi":"10.48185/sebr.v3i2.737","DOIUrl":"https://doi.org/10.48185/sebr.v3i2.737","url":null,"abstract":"This study aimed to examine the effects of non-performing loans on the profitability and lending behavior of commercial banks in Yemen. The study used a descriptive-analytical approach. The data of the study were obtained from the annual financial reports (2010 -2018) of 6 commercial banks operating in Yemen. A panel data model was used in this study. The independent variable of the study was non-performing loans as measured by non-performing loans to total loans and advances ratio (NPLS) while the dependent variables of the study were profitability (ROA and ROE) and lending behavior as measured by loans and advances growth (LAG) of the commercial banks in Yemen. To test the hypotheses of the study, regression analysis was used. The results of the study showed that there is a positive and significant effect of the non-performing loans ratio (NPLs) on the return on equity (ROE) of commercial banks in Yemen. Whereas the study found no effect of (NPLs) on the return on assets (ROA) and loans and advances growth (LAG) of commercial banks in Yemen.","PeriodicalId":135884,"journal":{"name":"Studies in Economics and Business Relations","volume":"40 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130150796","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}
The knowledge on constructivism in the style of transformational leadership as it pertains to organizational performance was thoroughly reviewed to produce the current study. It studies the function of transforming leadership and investigates a number of problems that may arise in organizations under such circumstances. A systematic review and subsequent thematic content analysis of the literature, including findings from existing literature and research papers that have been published, is used to establish the theoretical underpinnings. They were thoroughly reviewed, and the best materials that matched them were then carefully picked out and included in order to achieve a conclusion. The outcome highlights the need for managers to use a transformational leadership style to put into practice cutting-edge tactics for employee empowerment so they can navigate the environment of rapid change and perform to their full potential. A conceptual qualitative framework based on PRISMA was constructed and advised for functionalism of personalized transformational leadership style to involve stakeholders in amicably avoiding recalcitrance. Forest Plot and Funnel Plot was used to check the combined effect size and publication bias. This strategy can assist transformational leadership managers in identifying opportunities during this crisis and assisting them in drawing important conclusions about how to address problems and foster a healthy culture. This paradigm can assist a transformational leader in managing stakeholders' expectations and benefit both academics and practitioners by working collaboratively to solve anticipated challenges. Limitations include bias risks such selective result reporting, inadequate blinding, attrition bias, and selection bias. Research novelty was a fresh idea that might provide new knowledge or add to the body of knowledge currently in existence.
{"title":"Transformational Leadership Effect on Organizational Performance in Ethiopia Public Sector: Systematic Literature Review","authors":"Shashi Kant","doi":"10.48185/sebr.v4i1.745","DOIUrl":"https://doi.org/10.48185/sebr.v4i1.745","url":null,"abstract":"The knowledge on constructivism in the style of transformational leadership as it pertains to organizational performance was thoroughly reviewed to produce the current study. It studies the function of transforming leadership and investigates a number of problems that may arise in organizations under such circumstances. A systematic review and subsequent thematic content analysis of the literature, including findings from existing literature and research papers that have been published, is used to establish the theoretical underpinnings. They were thoroughly reviewed, and the best materials that matched them were then carefully picked out and included in order to achieve a conclusion. The outcome highlights the need for managers to use a transformational leadership style to put into practice cutting-edge tactics for employee empowerment so they can navigate the environment of rapid change and perform to their full potential. A conceptual qualitative framework based on PRISMA was constructed and advised for functionalism of personalized transformational leadership style to involve stakeholders in amicably avoiding recalcitrance. Forest Plot and Funnel Plot was used to check the combined effect size and publication bias. This strategy can assist transformational leadership managers in identifying opportunities during this crisis and assisting them in drawing important conclusions about how to address problems and foster a healthy culture. This paradigm can assist a transformational leader in managing stakeholders' expectations and benefit both academics and practitioners by working collaboratively to solve anticipated challenges. Limitations include bias risks such selective result reporting, inadequate blinding, attrition bias, and selection bias. Research novelty was a fresh idea that might provide new knowledge or add to the body of knowledge currently in existence.","PeriodicalId":135884,"journal":{"name":"Studies in Economics and Business Relations","volume":"68 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133452668","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}
Today change has turned out to be an essential element of everyone’s lives and for business existence as well. Most of the organizations with the necessity of change in their day-to-day operations have different ideas on change. The main focus of the paper is to understand the effect of change and its management in the achievement of business goals. Moreover, the study aims to throw light on the prime concepts & various applications of change management with the help of the various change models on employee’s productivity. The effort to bring about change may face retaliations so businesses should incorporate means to curtail the resistance level and promote an even shift of change. Top level management have huge role to play in executing the change and they serve as a role model to successfully handle the change. With respect to implement an unbeaten change initiative, management and businesses must make sure that any prior plan for change must be associated with the company’s objectives as witnessed by many literatures in this current study certifying the relationship between change, change management and the accomplishment of corporate objectives. This present paper has been designed to analyze and to assess the effect of change management on worker’s productivity and the adverse effect of resistance to change by examining the case study of Nokia. It also explores the range of models that the management could pertain to minimize resistance towards change. In the present case study of Nokia McKinsey’s 7s framework model fits well.
{"title":"Management of Change and its Impact on Productivity: A Case in Point","authors":"D. Dwivedi","doi":"10.48185/sebr.v3i2.404","DOIUrl":"https://doi.org/10.48185/sebr.v3i2.404","url":null,"abstract":"Today change has turned out to be an essential element of everyone’s lives and for business existence as well. Most of the organizations with the necessity of change in their day-to-day operations have different ideas on change. The main focus of the paper is to understand the effect of change and its management in the achievement of business goals. Moreover, the study aims to throw light on the prime concepts & various applications of change management with the help of the various change models on employee’s productivity. The effort to bring about change may face retaliations so businesses should incorporate means to curtail the resistance level and promote an even shift of change. Top level management have huge role to play in executing the change and they serve as a role model to successfully handle the change. With respect to implement an unbeaten change initiative, management and businesses must make sure that any prior plan for change must be associated with the company’s objectives as witnessed by many literatures in this current study certifying the relationship between change, change management and the accomplishment of corporate objectives. This present paper has been designed to analyze and to assess the effect of change management on worker’s productivity and the adverse effect of resistance to change by examining the case study of Nokia. It also explores the range of models that the management could pertain to minimize resistance towards change. In the present case study of Nokia McKinsey’s 7s framework model fits well.","PeriodicalId":135884,"journal":{"name":"Studies in Economics and Business Relations","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130380492","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}
Mohd Shamim Ansari, S. Akhtar, Aslam Khan, Mohd Shamshad
In this paper we attempted to investigate impact of Financial Crisis on liquidity and profitability of public and private sector banks in India. Liquidity and profitability are two important parameters among many variables on which strength of banking systems depends. In order to accomplish this study, we have considered from year 2005 to 2018 and empirical evidences were drawn using descriptive statistics, correlation matrix and panel regression model. Mean ROA indicates low profitability for sample banks throughout the period of with substantial variations among banks. The result of correlation indicates that no two variables are highly correlated. ROA is negatively correlated with all the determinants except capital adequacy ratio (CAR) whereas; liquidity is positively correlated with all the determinants except efficiency and bank size. There is an insignificant positive impact of crisis on banks’ profitability and significant positive impact on liquidity. The positive association of liquidity with financial crisis indicating favorable and sound position of banks. The ownership structure indicates public banks are sound in maintaining their liquidity and private banks in earning capabilities during financial crisis.
{"title":"Consequence of Financial Crisis on Liquidity and Profitability of Commercial Banks in India: An Empirical Study","authors":"Mohd Shamim Ansari, S. Akhtar, Aslam Khan, Mohd Shamshad","doi":"10.48185/sebr.v3i2.367","DOIUrl":"https://doi.org/10.48185/sebr.v3i2.367","url":null,"abstract":"In this paper we attempted to investigate impact of Financial Crisis on liquidity and profitability of public and private sector banks in India. Liquidity and profitability are two important parameters among many variables on which strength of banking systems depends. In order to accomplish this study, we have considered from year 2005 to 2018 and empirical evidences were drawn using descriptive statistics, correlation matrix and panel regression model. Mean ROA indicates low profitability for sample banks throughout the period of with substantial variations among banks. The result of correlation indicates that no two variables are highly correlated. ROA is negatively correlated with all the determinants except capital adequacy ratio (CAR) whereas; liquidity is positively correlated with all the determinants except efficiency and bank size. There is an insignificant positive impact of crisis on banks’ profitability and significant positive impact on liquidity. The positive association of liquidity with financial crisis indicating favorable and sound position of banks. The ownership structure indicates public banks are sound in maintaining their liquidity and private banks in earning capabilities during financial crisis.","PeriodicalId":135884,"journal":{"name":"Studies in Economics and Business Relations","volume":"68 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132384559","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}