Pub Date : 2023-09-30DOI: 10.17261/pressacademia.2023.1817
Aysenur Erdil
Purpose- The purpose of this research is to increase customer satisfaction and business performance in the sector to eliminate failure situations of the processing phases of the departments of the business and to develop the quality of the system. The objective of this research is to enhance customer satisfaction and business performance by addressing and eliminating failure situations in the processing phases of the business departments and improving the quality of the system. To achieve this, the study focuses on evaluating third-party and fourth-party logistics service providers in the context of sustainability. While there are existing approaches to evaluate party logistics under general headings, there is a lack of specific studies focusing on companies operating in a single field. Therefore, this study aims to fill that gap by examining the business evaluation criteria of third-party and fourth-party logistics service providers for a white goods company in Turkey. Methodology- During the research, the concept of third-party logistics has gained attention within the scope of sustainability, the competition among organizations providing this service has become more intense, as have customer expectations. The research utilizes Failure Mode and Effects Analysis (FMEA) and Pareto Analysis (PA) to assess the sustainability of the supply chain and batch logistics for the company. Findings- As a result of the research, the findings in the direction of quality improvement-development within the scope of the service provided by the business are presented. The initial phase of process enhancement for logistics operations begins with the FMEA results. Development initiatives may begin if improvement initiatives are maintained. Development activities and resources ought to be distributed in accordance with this level of priority with regard to the first work that has to be performed to enhance the process. Conclusion- All risk considerations might not be realized inside a particular process since there are only a limited number of possibilities to be assigned for enhancement prosperity. By conducting risk prevention studies in accordance with the priorities that will be decided upon each period, it is intended to produce continuous improvement. Overall, while it may not be possible to address every risk, prioritizing risks and conducting risk prevention studies can help organizations achieve continuous improvement and increase their chances of success. Keywords: Failure Mode and Effects Analysis (FMEA), Pareto Analysis (PA), party logistics, quality, supply chain, sustainability. JEL Codes: 030, N01, L15, L21, L84
{"title":"Evaluation of the sustainability of party logistics service providers with failure modes and effects analysis method: its application in a company","authors":"Aysenur Erdil","doi":"10.17261/pressacademia.2023.1817","DOIUrl":"https://doi.org/10.17261/pressacademia.2023.1817","url":null,"abstract":"Purpose- The purpose of this research is to increase customer satisfaction and business performance in the sector to eliminate failure situations of the processing phases of the departments of the business and to develop the quality of the system. The objective of this research is to enhance customer satisfaction and business performance by addressing and eliminating failure situations in the processing phases of the business departments and improving the quality of the system. To achieve this, the study focuses on evaluating third-party and fourth-party logistics service providers in the context of sustainability. While there are existing approaches to evaluate party logistics under general headings, there is a lack of specific studies focusing on companies operating in a single field. Therefore, this study aims to fill that gap by examining the business evaluation criteria of third-party and fourth-party logistics service providers for a white goods company in Turkey. Methodology- During the research, the concept of third-party logistics has gained attention within the scope of sustainability, the competition among organizations providing this service has become more intense, as have customer expectations. The research utilizes Failure Mode and Effects Analysis (FMEA) and Pareto Analysis (PA) to assess the sustainability of the supply chain and batch logistics for the company. Findings- As a result of the research, the findings in the direction of quality improvement-development within the scope of the service provided by the business are presented. The initial phase of process enhancement for logistics operations begins with the FMEA results. Development initiatives may begin if improvement initiatives are maintained. Development activities and resources ought to be distributed in accordance with this level of priority with regard to the first work that has to be performed to enhance the process. Conclusion- All risk considerations might not be realized inside a particular process since there are only a limited number of possibilities to be assigned for enhancement prosperity. By conducting risk prevention studies in accordance with the priorities that will be decided upon each period, it is intended to produce continuous improvement. Overall, while it may not be possible to address every risk, prioritizing risks and conducting risk prevention studies can help organizations achieve continuous improvement and increase their chances of success. Keywords: Failure Mode and Effects Analysis (FMEA), Pareto Analysis (PA), party logistics, quality, supply chain, sustainability. JEL Codes: 030, N01, L15, L21, L84","PeriodicalId":15124,"journal":{"name":"Journal of Asian Finance, Economics and Business","volume":"51 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":"136342966","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}
Pub Date : 2023-09-30DOI: 10.17261/pressacademia.2023.1751
Guzin Kiyik Kicir
Purpose- The main purpose of the research is to have people who have the knowledge to do talent management collection articles systems and comparative analysis and work in this field. The progress of the articles in the last year and suggestions for future evaluation are also included. Method- Data collection sessions were obtained by scanning web of science abroad and journal park databases in Turkey. In these databases, all the reviews that were published in the field of management, open access, published in Turkish and English between the years 2013-2023, including talent management, were included in the scope of the research. Extending the resulting content analysis. This study, which categorically analyzes domestic and international articles under titles such as number, time, content, method and approach, is of a weighted nature. Findings- Although databases are widespread and the concept is a new subject, it is seen that researches have been seen both in the country and abroad over the years. It has been determined that research methods are applied more frequently than annual numerical research methods, and in this context, data is collected through scales and questionnaires. It can be stated that qualitative research methods are predominant during abroad, where the concepts of field scanning and system systems are concentrated. It is seen that there is an intersection in common concepts in terms of data collection, data analysis methods, research approaches and application areas. However, in terms of security, there are more security vulnerabilities in foreign circuits. When the research content is scanned, the concepts shaped by taking advantage of the opportunity, carrying talent, and management approaches come together, while the concepts that come to the fore in a multidimensional and integrative approach in an abroad environment are encountered. Conclusion- Domestic and international databases provide valuable contributions to the phenomenon of talent management both in terms of research activities and content. It can be stated that in the future, quantitative researches can be given more space, especially abroad, and the works owned should apply to different research designs instead of similar approaches and methods. In addition, the phenomenon of talent management, both in Turkey and abroad, was discussed interdisciplinary. Finally, it is important to carry out studies that deal with new application approaches instead of agreements targeting talent management, which is included in the literature in this process and the consumption of contributing to businesses. Keywords: Talent management, human resources, database, systematic review, comparative analysis JEL Codes: M12, M54, J53
{"title":"COMPARATIVE ANALYSIS OF TALENT MANAGEMENT AT THE LEVEL OF ACADEMIC STUDIES","authors":"Guzin Kiyik Kicir","doi":"10.17261/pressacademia.2023.1751","DOIUrl":"https://doi.org/10.17261/pressacademia.2023.1751","url":null,"abstract":"Purpose- The main purpose of the research is to have people who have the knowledge to do talent management collection articles systems and comparative analysis and work in this field. The progress of the articles in the last year and suggestions for future evaluation are also included. Method- Data collection sessions were obtained by scanning web of science abroad and journal park databases in Turkey. In these databases, all the reviews that were published in the field of management, open access, published in Turkish and English between the years 2013-2023, including talent management, were included in the scope of the research. Extending the resulting content analysis. This study, which categorically analyzes domestic and international articles under titles such as number, time, content, method and approach, is of a weighted nature. Findings- Although databases are widespread and the concept is a new subject, it is seen that researches have been seen both in the country and abroad over the years. It has been determined that research methods are applied more frequently than annual numerical research methods, and in this context, data is collected through scales and questionnaires. It can be stated that qualitative research methods are predominant during abroad, where the concepts of field scanning and system systems are concentrated. It is seen that there is an intersection in common concepts in terms of data collection, data analysis methods, research approaches and application areas. However, in terms of security, there are more security vulnerabilities in foreign circuits. When the research content is scanned, the concepts shaped by taking advantage of the opportunity, carrying talent, and management approaches come together, while the concepts that come to the fore in a multidimensional and integrative approach in an abroad environment are encountered. Conclusion- Domestic and international databases provide valuable contributions to the phenomenon of talent management both in terms of research activities and content. It can be stated that in the future, quantitative researches can be given more space, especially abroad, and the works owned should apply to different research designs instead of similar approaches and methods. In addition, the phenomenon of talent management, both in Turkey and abroad, was discussed interdisciplinary. Finally, it is important to carry out studies that deal with new application approaches instead of agreements targeting talent management, which is included in the literature in this process and the consumption of contributing to businesses. Keywords: Talent management, human resources, database, systematic review, comparative analysis JEL Codes: M12, M54, J53","PeriodicalId":15124,"journal":{"name":"Journal of Asian Finance, Economics and Business","volume":"30 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":"136271486","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}
Pub Date : 2023-09-30DOI: 10.17261/pressacademia.2023.1761
Oguzhan Mehmet Celik
Purpose- The aim of the study is to examine how the level of occupational burnout is affected by demographic variables. Methodology- Occupational burnout level was examined in terms of demographic variables. Demographic variables; gender, marital status, age, education level of the person, monthly income level, working time in the current institution (seniority period) and total seniority in business life. The Maslach Burnout scale was used to measure the dimensions of professional burnout, and the three dimensions of the scale, emotional exhaustion, depersonalization, and the feeling of decrease in personal achievement, and demographic variables were examined. Questionnaire method was used. Findings- According to the results of the research, demographic variables have an impact on burnout in general. A high level of relationship was found between income level, gender, age, seniority of the person and professional burnout. A moderate relationship was found between marital and educational status and professional burnout. Among the dimensions of occupational burnout, the dimension most affected by demographic variables is the dimension of emotional exhaustion. The highest effect is between income level and gender demographic variables and emotional exhaustion dimension. Conclusion- As a result, due to the fact that demographic variables have an effect on occupational burnout, the result of the study emerges that businesses should consider the demographic variables while considering the occupational burnout status of the employees. The high effect of income level and gender variables on occupational burnout is important. Considering these differences and considering the demographic variables in general, reducing the level of professional burnout, which has a high impact on the performance of the employees, has a high importance in terms of improving the performance of the enterprises and studies should be carried out in this direction. Keywords: Occupational burnout, demographic variables, feelings of emotional exhaustion, depersonalization and decreased personal achievement. JEL Codes: O15, M11, M12
{"title":"EXAMINING THE CONCEPT OF OCCUPATIONAL BURNOUT AND THE LEVEL OF OCCUPATIONAL BURNOUT IN TERMS OF DEMOGRAPHIC VARIABLES","authors":"Oguzhan Mehmet Celik","doi":"10.17261/pressacademia.2023.1761","DOIUrl":"https://doi.org/10.17261/pressacademia.2023.1761","url":null,"abstract":"Purpose- The aim of the study is to examine how the level of occupational burnout is affected by demographic variables. Methodology- Occupational burnout level was examined in terms of demographic variables. Demographic variables; gender, marital status, age, education level of the person, monthly income level, working time in the current institution (seniority period) and total seniority in business life. The Maslach Burnout scale was used to measure the dimensions of professional burnout, and the three dimensions of the scale, emotional exhaustion, depersonalization, and the feeling of decrease in personal achievement, and demographic variables were examined. Questionnaire method was used. Findings- According to the results of the research, demographic variables have an impact on burnout in general. A high level of relationship was found between income level, gender, age, seniority of the person and professional burnout. A moderate relationship was found between marital and educational status and professional burnout. Among the dimensions of occupational burnout, the dimension most affected by demographic variables is the dimension of emotional exhaustion. The highest effect is between income level and gender demographic variables and emotional exhaustion dimension. Conclusion- As a result, due to the fact that demographic variables have an effect on occupational burnout, the result of the study emerges that businesses should consider the demographic variables while considering the occupational burnout status of the employees. The high effect of income level and gender variables on occupational burnout is important. Considering these differences and considering the demographic variables in general, reducing the level of professional burnout, which has a high impact on the performance of the employees, has a high importance in terms of improving the performance of the enterprises and studies should be carried out in this direction. Keywords: Occupational burnout, demographic variables, feelings of emotional exhaustion, depersonalization and decreased personal achievement. JEL Codes: O15, M11, M12","PeriodicalId":15124,"journal":{"name":"Journal of Asian Finance, 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":"136272364","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}
Pub Date : 2023-09-30DOI: 10.17261/pressacademia.2023.1816
Ratnaningrum Ratnaningrum
Purpose- One feature that should be integrated in financial statements to be relevant to decision-makers is the relevance of the information to the users. When the value and usefulness of accounting information used to gauge business financial performance are undermined by earnings management methods, problems arise. As a result, the information presented may deceive financial statement users about the corporation's financial performance. Because IFRS demands managerial judgment in the accounting process by definition, its adoption may even increase the chance for real earnings management (REM). This study aims to examine the impact of REM to the value relevance of accounting information before and after IFRS adoption. Methodology- The population was manufacturing companies listed on the IDX, with samples 230 firm year observations consists of one hundred fifteen firms year before adoption of IFRS and one hundred fifteen firms year after IFRS adoption. this study used firms’ abnormal levels of cash flows, production costs, and discretionary expenditures as proxies for real earnings management. Using a price model and panel data, the main result confirms that real-based earnings management has an impact on the value relevance of earnings and book value of equity before IFRS adoption, but has no effect after IFRS adoption. Findings- The findings revealed that prior to the adoption of IFRS, real earnings management was employed by companies that had higher earnings value relevance and lower equity book value relevance than companies that did not apply earnings management. After the adoption of IFRS, there is no significant effect of real earnings management on the value relevance of earnings and equity book value. Conclusion- The results show that investors believe that earnings are a signal from managers with the implementation of real earnings management prior to the adoption of IFRS, but after the adoption IFRS, they may not be able to do so. Keywords: Real earnings management, value relevance, accounting information, earnings, equity book value, JEL Codes: M40, M41, M49
{"title":"The role of real earnings management in the value relevance of accounting information in Indonesia","authors":"Ratnaningrum Ratnaningrum","doi":"10.17261/pressacademia.2023.1816","DOIUrl":"https://doi.org/10.17261/pressacademia.2023.1816","url":null,"abstract":"Purpose- One feature that should be integrated in financial statements to be relevant to decision-makers is the relevance of the information to the users. When the value and usefulness of accounting information used to gauge business financial performance are undermined by earnings management methods, problems arise. As a result, the information presented may deceive financial statement users about the corporation's financial performance. Because IFRS demands managerial judgment in the accounting process by definition, its adoption may even increase the chance for real earnings management (REM). This study aims to examine the impact of REM to the value relevance of accounting information before and after IFRS adoption. Methodology- The population was manufacturing companies listed on the IDX, with samples 230 firm year observations consists of one hundred fifteen firms year before adoption of IFRS and one hundred fifteen firms year after IFRS adoption. this study used firms’ abnormal levels of cash flows, production costs, and discretionary expenditures as proxies for real earnings management. Using a price model and panel data, the main result confirms that real-based earnings management has an impact on the value relevance of earnings and book value of equity before IFRS adoption, but has no effect after IFRS adoption. Findings- The findings revealed that prior to the adoption of IFRS, real earnings management was employed by companies that had higher earnings value relevance and lower equity book value relevance than companies that did not apply earnings management. After the adoption of IFRS, there is no significant effect of real earnings management on the value relevance of earnings and equity book value. Conclusion- The results show that investors believe that earnings are a signal from managers with the implementation of real earnings management prior to the adoption of IFRS, but after the adoption IFRS, they may not be able to do so. Keywords: Real earnings management, value relevance, accounting information, earnings, equity book value, JEL Codes: M40, M41, M49","PeriodicalId":15124,"journal":{"name":"Journal of Asian Finance, Economics and Business","volume":"440 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":"136342848","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}
Pub Date : 2023-09-30DOI: 10.17261/pressacademia.2023.1773
Zeliha Can Ergun
Purpose- Seasonal Affective Disorder (SAD) which arises during the winter when there are fewer daylight hours is a form of the major depressive disease. SAD affects most of the financial markets. Since there is scarce research on the relationship between SAD and cryptocurrency returns, this study is aimed to examine the impact of SAD on green cryptocurrencies. To the best of the author’s knowledge, this is the first study that investigates the relationship between SAD and the returns of green cryptocurrencies, so the study is expected to fill the gap in the related literature. Methodology- Cardano (ADA), Tron (TRX), and Stellar (XLM) are considered for the analysis, which covers the period spanning from January 2018 to March 2023. The multiple regression model has been implemented by including dummies for autumn, Mondays, and tax-loss selling. A specific location must be specified for the latitude information to determine how many hours are spent at night. The latitude of New York City is considered for that calculation because the majority of cryptocurrency users are concentrated in the USA. Findings- The findings demonstrate that the SAD, autumn, Monday, and tax-loss selling effects have no impact on green cryptocurrencies. Due to the worldwide spread of cryptocurrency investors, these effects are probably mitigated. Conclusion- According to the results, arbitrageurs are unable to benefit from generating abnormal returns using seasonal return patterns. Future studies might use non-linear techniques, change the location that is considered when calculating latitude, and include more cryptocurrencies in their examinations. Keywords: Seasonal affective disorder, cryptocurrencies, green finance, behavioral finance, anomalies. JEL Codes: G10, G40, G41
目的:季节性情绪失调症(SAD)是一种严重的抑郁症,发生在白昼时间较短的冬季。SAD影响了大多数金融市场。由于关于SAD与加密货币回报之间关系的研究很少,因此本研究旨在研究SAD对绿色加密货币的影响。据作者所知,这是第一个调查SAD与绿色加密货币回报之间关系的研究,因此该研究有望填补相关文献的空白。方法-分析考虑了Cardano (ADA), Tron (TRX)和Stellar (XLM),涵盖了2018年1月至2023年3月的时间段。多元回归模型通过包括秋季、周一和税收损失销售的假人来实现。必须为纬度信息指定一个特定的位置,以确定夜间花费多少小时。该计算考虑了纽约市的纬度,因为大多数加密货币用户集中在美国。研究结果表明,SAD、秋季、周一和税收损失抛售效应对绿色加密货币没有影响。由于加密货币投资者遍布全球,这些影响可能会减轻。结论-根据结果,套利者无法从使用季节性回报模式产生的异常回报中获益。未来的研究可能会使用非线性技术,改变计算纬度时考虑的位置,并在他们的研究中包括更多的加密货币。关键词:季节性情感失调,加密货币,绿色金融,行为金融,异常。JEL代码:G10, G40, G41
{"title":"THE IMPACT OF SEASONAL AFFECTIVE DISORDER ON GREEN CRYPTOCURRENCIES","authors":"Zeliha Can Ergun","doi":"10.17261/pressacademia.2023.1773","DOIUrl":"https://doi.org/10.17261/pressacademia.2023.1773","url":null,"abstract":"Purpose- Seasonal Affective Disorder (SAD) which arises during the winter when there are fewer daylight hours is a form of the major depressive disease. SAD affects most of the financial markets. Since there is scarce research on the relationship between SAD and cryptocurrency returns, this study is aimed to examine the impact of SAD on green cryptocurrencies. To the best of the author’s knowledge, this is the first study that investigates the relationship between SAD and the returns of green cryptocurrencies, so the study is expected to fill the gap in the related literature. Methodology- Cardano (ADA), Tron (TRX), and Stellar (XLM) are considered for the analysis, which covers the period spanning from January 2018 to March 2023. The multiple regression model has been implemented by including dummies for autumn, Mondays, and tax-loss selling. A specific location must be specified for the latitude information to determine how many hours are spent at night. The latitude of New York City is considered for that calculation because the majority of cryptocurrency users are concentrated in the USA. Findings- The findings demonstrate that the SAD, autumn, Monday, and tax-loss selling effects have no impact on green cryptocurrencies. Due to the worldwide spread of cryptocurrency investors, these effects are probably mitigated. Conclusion- According to the results, arbitrageurs are unable to benefit from generating abnormal returns using seasonal return patterns. Future studies might use non-linear techniques, change the location that is considered when calculating latitude, and include more cryptocurrencies in their examinations. Keywords: Seasonal affective disorder, cryptocurrencies, green finance, behavioral finance, anomalies. JEL Codes: G10, G40, G41","PeriodicalId":15124,"journal":{"name":"Journal of Asian Finance, Economics and Business","volume":"35 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":"136272366","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}
Pub Date : 2023-09-30DOI: 10.17261/pressacademia.2023.1771
Nurgul Keles Taysir
Purpose- This study aims to analyze experimental methodology-based publications in social entrepreneurship, offering insights for researchers planning to undertake investigations in this area. Methodology- A thorough content analysis was conducted on 39 articles related to social entrepreneurship research. These articles, which employed experimental design, were identified through comprehensive searches of the ISI and Scopus databases. Findings- The findings reveal a growing interest in experimental design within social entrepreneurship research, focusing on topics such as donation and funding, sonsumer attitudes and behavior, intention and motivation and education and training. Conclusion- This study contributes to a better understanding of the experimental design research landscape in social entrepreneurship, emphasizing the need for continued investigation and methodological advancements. Future research should address identified gaps and opportunities, such as the exploration of novel experimental techniques and the application of interdisciplinary perspectives to further enrich our understanding of social entrepreneurship. Keywords: Social entrepreneurship, experimental design, content analysis JEL Codes: L26, C90, A13
{"title":"UNDERSTANDING EXPERIMENT-BASED SOCIAL ENTREPRENEURSHIP LITERATURE","authors":"Nurgul Keles Taysir","doi":"10.17261/pressacademia.2023.1771","DOIUrl":"https://doi.org/10.17261/pressacademia.2023.1771","url":null,"abstract":"Purpose- This study aims to analyze experimental methodology-based publications in social entrepreneurship, offering insights for researchers planning to undertake investigations in this area. Methodology- A thorough content analysis was conducted on 39 articles related to social entrepreneurship research. These articles, which employed experimental design, were identified through comprehensive searches of the ISI and Scopus databases. Findings- The findings reveal a growing interest in experimental design within social entrepreneurship research, focusing on topics such as donation and funding, sonsumer attitudes and behavior, intention and motivation and education and training. Conclusion- This study contributes to a better understanding of the experimental design research landscape in social entrepreneurship, emphasizing the need for continued investigation and methodological advancements. Future research should address identified gaps and opportunities, such as the exploration of novel experimental techniques and the application of interdisciplinary perspectives to further enrich our understanding of social entrepreneurship. Keywords: Social entrepreneurship, experimental design, content analysis JEL Codes: L26, C90, A13","PeriodicalId":15124,"journal":{"name":"Journal of Asian Finance, Economics and Business","volume":"138 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":"136272510","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}
Pub Date : 2023-09-30DOI: 10.17261/pressacademia.2023.1772
Miray Tabur
Purpose- The purpose of this study is to engage in scholarly research in order to examine the correlation between environmental, social, and governance performance (ESGP) and financial performance (FP) across various industries. The aim is to enhance the overall comprehension of how variations in ESG scores from two rating agencies can potentially impact the relationship between ESGP and FP. Methodology- This study undertakes a comparative and descriptive analysis of panel data comprising 464 companies operating in environmentally sensitive sectors worldwide. The dataset covers the period from 2011 to 2020 and incorporates ESG ratings from Bloomberg and Refinitiv databases, as well as the financial performance metric return on assets (ROA) sourced exclusively from Refinitiv covering the times series of 2012 to 2021. Findings- According to our research, there is evidence of a relationship between ESG scores and return on assets (ROA), with distinct correlations depending on the rating agencies employed. Specifically, Refinitiv ESG scores demonstrate a negative correlation with ROA, while Bloomberg ESG scores reveal a positive correlation. Additionally, our study highlights a positive correlation specifically between the Bloomberg environmental score and ROA. Conclusion- Previous scholarly studies have already established a correlation between the level of information disclosure displayed by corporations and the aforementioned matter being investigated. However, our research suggests that the varying findings documented in existing academic papers may also stem from the utilization of ESG score data sourced from various rating agencies. Keywords: ESG performance, financial performance, ROA, panel data analysis, rating agencies JEL Codes: Q56, G24, C33
{"title":"ESG RATINGS AND THE INVESTOR DECISION-MAKING PROCESS: A COMPARATIVE ANALYSIS OF RATING AGENCIES DATA AND ITS EFFECT ON FINANCIAL PERFORMANCE","authors":"Miray Tabur","doi":"10.17261/pressacademia.2023.1772","DOIUrl":"https://doi.org/10.17261/pressacademia.2023.1772","url":null,"abstract":"Purpose- The purpose of this study is to engage in scholarly research in order to examine the correlation between environmental, social, and governance performance (ESGP) and financial performance (FP) across various industries. The aim is to enhance the overall comprehension of how variations in ESG scores from two rating agencies can potentially impact the relationship between ESGP and FP. Methodology- This study undertakes a comparative and descriptive analysis of panel data comprising 464 companies operating in environmentally sensitive sectors worldwide. The dataset covers the period from 2011 to 2020 and incorporates ESG ratings from Bloomberg and Refinitiv databases, as well as the financial performance metric return on assets (ROA) sourced exclusively from Refinitiv covering the times series of 2012 to 2021. Findings- According to our research, there is evidence of a relationship between ESG scores and return on assets (ROA), with distinct correlations depending on the rating agencies employed. Specifically, Refinitiv ESG scores demonstrate a negative correlation with ROA, while Bloomberg ESG scores reveal a positive correlation. Additionally, our study highlights a positive correlation specifically between the Bloomberg environmental score and ROA. Conclusion- Previous scholarly studies have already established a correlation between the level of information disclosure displayed by corporations and the aforementioned matter being investigated. However, our research suggests that the varying findings documented in existing academic papers may also stem from the utilization of ESG score data sourced from various rating agencies. Keywords: ESG performance, financial performance, ROA, panel data analysis, rating agencies JEL Codes: Q56, G24, C33","PeriodicalId":15124,"journal":{"name":"Journal of Asian Finance, Economics and Business","volume":"10 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":"136272511","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}
Pub Date : 2023-09-30DOI: 10.17261/pressacademia.2023.1778
Dilek Teker, Suat Teker, Esin Demirel
Purpose- The cognitive comprehension of financial indicators, risk aversion, risk perception, and investment behavior is defined as financial literacy. It's possible that a variety of characteristics, such as gender, age, income level, social standing, education, etc., will affect an investor's behavior. The purpose of this study is to highlight the behavior of investors in Turkish capital markets. The analysis is done on the results of two surveys, the first conducted in the fourth quarter of 2022 and the second in the first quarter of 2023. Methodology- This study's objective is to highlight investor behavior and risk perception in Turkish financial markets. In the most recent two consecutive quarters, the results of two surveys are analyzed and compared. Three sections comprise the surveys. A demographic question is asked in the first section. The second section asks questions concerning investment behavior, signs of financial stress, and confidence in regard to one's financial literacy. The final aspect contributes to the analysis of what people think of the Bitcoin market. In this study, Graphic analysis, Cronbach Alpha, Normality, and Mann-Whitney U tests are performed, respectively. First, the graphical analysis of the selected questions is made. Based on these graphs, the similarities and differences between the surveys are shown. Second, The reliability test is applied to the selected questions for the statistical modeling of the analysis. This test is determined as the Cronbach Alpha test. Third, the Normality test is applied to reveal which test to use in the next step. Two different tests are used for this analysis. These are the Kolmogorov-Smirnov and Shapiro-Wilk tests. Fourth, the Mann-Whitney U test is applied. At this stage, firstly, Mann-Whitney U and Wilcoxon W test statistics are examined. The ranks are calculated for each variable. Finally, the Mann-Whitney U test is applied, and the results are interpreted. Fifth, The results of the two surveys are compared. Findings- The findings show both similarities and differences among numerous variables. For instance, holding time is defined as the amount of time an investor holds an investment or as the time between purchasing it and selling it. Investors' risk aversion and financial literacy both influence the holding period. Riskier assets force investors to adjust their purchase or sell actions dynamically. The results show various portfolio diversification behaviours. While men prefer to start with foreign currency investments, women are more interested in making gold investments. Also, middle-aged investors invest more in cryptocurrencies and take more risks than younger investors. Conclusion- based upon the analysis, findings it may be concluded that respondents do differ in their investment preferences and risk-taking over the years. The findings show various portfolio diversification behaviors. While men prefer to invest in foreign currency, women are more interested in purch
{"title":"INVESTMENT BEHAVIOUR AND RISK PERCEPTION: AN ANALYSIS FOR TURKISH MARKET","authors":"Dilek Teker, Suat Teker, Esin Demirel","doi":"10.17261/pressacademia.2023.1778","DOIUrl":"https://doi.org/10.17261/pressacademia.2023.1778","url":null,"abstract":"Purpose- The cognitive comprehension of financial indicators, risk aversion, risk perception, and investment behavior is defined as financial literacy. It's possible that a variety of characteristics, such as gender, age, income level, social standing, education, etc., will affect an investor's behavior. The purpose of this study is to highlight the behavior of investors in Turkish capital markets. The analysis is done on the results of two surveys, the first conducted in the fourth quarter of 2022 and the second in the first quarter of 2023. Methodology- This study's objective is to highlight investor behavior and risk perception in Turkish financial markets. In the most recent two consecutive quarters, the results of two surveys are analyzed and compared. Three sections comprise the surveys. A demographic question is asked in the first section. The second section asks questions concerning investment behavior, signs of financial stress, and confidence in regard to one's financial literacy. The final aspect contributes to the analysis of what people think of the Bitcoin market. In this study, Graphic analysis, Cronbach Alpha, Normality, and Mann-Whitney U tests are performed, respectively. First, the graphical analysis of the selected questions is made. Based on these graphs, the similarities and differences between the surveys are shown. Second, The reliability test is applied to the selected questions for the statistical modeling of the analysis. This test is determined as the Cronbach Alpha test. Third, the Normality test is applied to reveal which test to use in the next step. Two different tests are used for this analysis. These are the Kolmogorov-Smirnov and Shapiro-Wilk tests. Fourth, the Mann-Whitney U test is applied. At this stage, firstly, Mann-Whitney U and Wilcoxon W test statistics are examined. The ranks are calculated for each variable. Finally, the Mann-Whitney U test is applied, and the results are interpreted. Fifth, The results of the two surveys are compared. Findings- The findings show both similarities and differences among numerous variables. For instance, holding time is defined as the amount of time an investor holds an investment or as the time between purchasing it and selling it. Investors' risk aversion and financial literacy both influence the holding period. Riskier assets force investors to adjust their purchase or sell actions dynamically. The results show various portfolio diversification behaviours. While men prefer to start with foreign currency investments, women are more interested in making gold investments. Also, middle-aged investors invest more in cryptocurrencies and take more risks than younger investors. Conclusion- based upon the analysis, findings it may be concluded that respondents do differ in their investment preferences and risk-taking over the years. The findings show various portfolio diversification behaviors. While men prefer to invest in foreign currency, women are more interested in purch","PeriodicalId":15124,"journal":{"name":"Journal of Asian Finance, Economics and Business","volume":"62 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":"136272513","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}
Pub Date : 2023-09-30DOI: 10.17261/pressacademia.2023.1769
Koray Barut
Purpose- The purpose of this study is to analyzes will be made about how artificial intelligence applications in e-export and how it will affect Turkey's export capacity and productivity with the innovations it will bring in the context of technology. It is researched how e-export can play a more active role with artificial intelligence in the context of public, private sector and individuals. Methodology- The methodology of the study will be analyzed through literature review and secondary data. Based on the analysis, grouping (topic and keywords) clustering will be emphasized and interpreted. The study was made in the form of compilation from different sources. Findings- The analysis reveals that the secondary data analysis, based on artificial intelligence and big data are evaluated, the countries with which Turkey cooperates in e-export are European, Asian and African countries. It is seen that the transactions made with these countries based on artificial intelligence, they can be considered as subjects that need to be studied because they are mostly new technologies. When the subject of e-export and artificial intelligence is examined by countries, its place and strategic importance in international trade can be seen. This situation occupies an important place especially in terms of Turkey's e-export. Conclusion- Based upon the analysis findings it may be concluded that It has been seen that the cooperation of academia and private sector is important in the applications of artificial intelligence in e-export, especially in applications in Turkey. Turkey's e-export performance is contributed by public policies and especially by the systems developed by the Ministry of Commerce to make exporters easier and more efficient transactions by giving importance to this area. As a result of these practices, it is aimed that there will be an increase in Turkey's total export figures and significant positive effects on the current account deficit and the ratio of imports to exports. The increase in the use of artificial intelligence in e-export accelerates efficiency and transactions. In the study, it is stated that the cooperation between the public and private sector and artificial intelligence applications in e-export have a high importance in Turkey. Keywords: E-export, Artificial Intelligence, Easy Export Platform, Ministry of Commerce, Secondary Data Analysis JEL Codes: A10, B22, F10
{"title":"ARTIFICIAL INTELLIGENCE APPLICATIONS IN E-EXPORT: TURKIYE ANALYSIS","authors":"Koray Barut","doi":"10.17261/pressacademia.2023.1769","DOIUrl":"https://doi.org/10.17261/pressacademia.2023.1769","url":null,"abstract":"Purpose- The purpose of this study is to analyzes will be made about how artificial intelligence applications in e-export and how it will affect Turkey's export capacity and productivity with the innovations it will bring in the context of technology. It is researched how e-export can play a more active role with artificial intelligence in the context of public, private sector and individuals. Methodology- The methodology of the study will be analyzed through literature review and secondary data. Based on the analysis, grouping (topic and keywords) clustering will be emphasized and interpreted. The study was made in the form of compilation from different sources. Findings- The analysis reveals that the secondary data analysis, based on artificial intelligence and big data are evaluated, the countries with which Turkey cooperates in e-export are European, Asian and African countries. It is seen that the transactions made with these countries based on artificial intelligence, they can be considered as subjects that need to be studied because they are mostly new technologies. When the subject of e-export and artificial intelligence is examined by countries, its place and strategic importance in international trade can be seen. This situation occupies an important place especially in terms of Turkey's e-export. Conclusion- Based upon the analysis findings it may be concluded that It has been seen that the cooperation of academia and private sector is important in the applications of artificial intelligence in e-export, especially in applications in Turkey. Turkey's e-export performance is contributed by public policies and especially by the systems developed by the Ministry of Commerce to make exporters easier and more efficient transactions by giving importance to this area. As a result of these practices, it is aimed that there will be an increase in Turkey's total export figures and significant positive effects on the current account deficit and the ratio of imports to exports. The increase in the use of artificial intelligence in e-export accelerates efficiency and transactions. In the study, it is stated that the cooperation between the public and private sector and artificial intelligence applications in e-export have a high importance in Turkey. Keywords: E-export, Artificial Intelligence, Easy Export Platform, Ministry of Commerce, Secondary Data Analysis JEL Codes: A10, B22, F10","PeriodicalId":15124,"journal":{"name":"Journal of Asian Finance, Economics and Business","volume":"1 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":"136272516","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}
Purpose- In the light of the information mentioned above, in the current study, it is aimed to evaluate digitalization, which is an important element for businesses, from a strategic management perspective. Methodology- The research carried out has a qualitative characteristic. A qualitative study was carried out in the light of the information given and document review. In the study, reviews were presented using the document review method. Literature, reports and archives related to the concepts of digitalization and strategic management were searched. A profile has been created on the impact of digitalization on strategic management decisions. Findings- There is an increase in the productivity of the enterprise due to the transformation in the business processes to be realized in the light of the relevant developments. It is more possible for businesses where digitalization is intensely felt to gain competitive advantage, to access new markets and to stand out. Conclusion- In the light of these developments, it is aimed to increase the flexibility of enterprises and awareness of digital transformation by revealing the importance, scope and qualifications of digitalization in terms of strategic management. Keywords: Strategic management, digitalization, organizational management, digital business strategy JEL Codes: M10, M11, O30
{"title":"EVALUATION OF DIGITALIZATION WITHIN STRATEGIC MANAGEMENT PERSPECTIVE","authors":"Bahattin Gokhan Topal, Egehan Ozkan Alakas, Ayse Atabey","doi":"10.17261/pressacademia.2023.1803","DOIUrl":"https://doi.org/10.17261/pressacademia.2023.1803","url":null,"abstract":"Purpose- In the light of the information mentioned above, in the current study, it is aimed to evaluate digitalization, which is an important element for businesses, from a strategic management perspective. Methodology- The research carried out has a qualitative characteristic. A qualitative study was carried out in the light of the information given and document review. In the study, reviews were presented using the document review method. Literature, reports and archives related to the concepts of digitalization and strategic management were searched. A profile has been created on the impact of digitalization on strategic management decisions. Findings- There is an increase in the productivity of the enterprise due to the transformation in the business processes to be realized in the light of the relevant developments. It is more possible for businesses where digitalization is intensely felt to gain competitive advantage, to access new markets and to stand out. Conclusion- In the light of these developments, it is aimed to increase the flexibility of enterprises and awareness of digital transformation by revealing the importance, scope and qualifications of digitalization in terms of strategic management. Keywords: Strategic management, digitalization, organizational management, digital business strategy JEL Codes: M10, M11, O30","PeriodicalId":15124,"journal":{"name":"Journal of Asian Finance, Economics and Business","volume":"112 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135248699","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}