Pub Date : 2014-03-17DOI: 10.11634/216796061706501
Erkut Altındağ, Ömer Samet Kazdal
In this study, the effect of the modern management models on general performance of the family corporations was analyzed with the questionnaire method. Blue Ocean Strategy, Six Sigma and Chaos Theory were used as the modern management methods. In the questionnaire, total 330 directors working in 17 different family corporations were asked questions under the title of Market Orientation, Modern Management Models and General Performance of the Corporation. In analysis part, it was clearly seen that Blue Ocean Strategy came into prominence compared to Chaos Theory and decreased the effects of Six Sigma on overall performance. While necessity of reaction formation has a high importance for all operations in a competitive environment, it is an inevitable fact that highly negative effect of the non-reaction affects the financial and growing performance of the business. In conclusion, it came out that Blue Ocean Strategy directly affects the business performance and that corporations try to wait for an opportunity and try to increase the business skills in an ambiguous competitive environment.
{"title":"The Effects of Chaos Theory, Sıx Sıgma and Blue ocean Approach on Fırm Performance at Famıly Fırms: An Empırıcal Study in Turkey","authors":"Erkut Altındağ, Ömer Samet Kazdal","doi":"10.11634/216796061706501","DOIUrl":"https://doi.org/10.11634/216796061706501","url":null,"abstract":"In this study, the effect of the modern management models on general performance of the family corporations was analyzed with the questionnaire method. Blue Ocean Strategy, Six Sigma and Chaos Theory were used as the modern management methods. In the questionnaire, total 330 directors working in 17 different family corporations were asked questions under the title of Market Orientation, Modern Management Models and General Performance of the Corporation. In analysis part, it was clearly seen that Blue Ocean Strategy came into prominence compared to Chaos Theory and decreased the effects of Six Sigma on overall performance. While necessity of reaction formation has a high importance for all operations in a competitive environment, it is an inevitable fact that highly negative effect of the non-reaction affects the financial and growing performance of the business. In conclusion, it came out that Blue Ocean Strategy directly affects the business performance and that corporations try to wait for an opportunity and try to increase the business skills in an ambiguous competitive environment.","PeriodicalId":206506,"journal":{"name":"American Journal of Business and Management","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-03-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131056735","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 : 2014-03-16DOI: 10.11634/216796061706516
Emmanuel Olalekan Obademi, A. Elumaro
This study examines the relationship between banks and economic growth in Nigeria with emphasis on the financial repression hypothesis. The study seeks to establish among others, the relationship between banking sector development in Nigeria and economic growth; the impact of regulation of banks on economic growth; the applicability of the financial repression hypothesis to Nigeria; and the direction of causality between banks and economic growth over a period of forty-one years divided into three regulatory regimes (intensive regulation regime (1970-1985), deregulation regime (1986-1995) and guided deregulation regime (1996-2010)). Regression analysis of the ordinary least square method was used to estimate the models and the significance of the estimated parameters. The Pairwise Granger Causality test was adopted to determine the direction of causality. The results show that banks have significant positive impacts on growth in Nigeria under all the regulatory regimes. However, the impact is felt most under the regime of deregulation. The conclusion is that although banks have positive impacts on growth in Nigeria, banks cannot be said to be the propelling force for economic growth. This study recommends the continuation of the current policy of guided deregulation; adoption of entrepreneur friendly policies in lending by banks; and periodic review of various regulations affecting banks in Nigeria. Normal 0 false false false EN-US X-NONE AR-SA
{"title":"Banks and Economic Growth in Nigeria: A Re-Examination of the Financial Repression Hypothesis","authors":"Emmanuel Olalekan Obademi, A. Elumaro","doi":"10.11634/216796061706516","DOIUrl":"https://doi.org/10.11634/216796061706516","url":null,"abstract":"This study examines the relationship between banks and economic growth in Nigeria with emphasis on the financial repression hypothesis. The study seeks to establish among others, the relationship between banking sector development in Nigeria and economic growth; the impact of regulation of banks on economic growth; the applicability of the financial repression hypothesis to Nigeria; and the direction of causality between banks and economic growth over a period of forty-one years divided into three regulatory regimes (intensive regulation regime (1970-1985), deregulation regime (1986-1995) and guided deregulation regime (1996-2010)). Regression analysis of the ordinary least square method was used to estimate the models and the significance of the estimated parameters. The Pairwise Granger Causality test was adopted to determine the direction of causality. The results show that banks have significant positive impacts on growth in Nigeria under all the regulatory regimes. However, the impact is felt most under the regime of deregulation. The conclusion is that although banks have positive impacts on growth in Nigeria, banks cannot be said to be the propelling force for economic growth. This study recommends the continuation of the current policy of guided deregulation; adoption of entrepreneur friendly policies in lending by banks; and periodic review of various regulations affecting banks in Nigeria. Normal 0 false false false EN-US X-NONE AR-SA","PeriodicalId":206506,"journal":{"name":"American Journal of Business and Management","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-03-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131228216","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 : 2014-03-16DOI: 10.11634/216796061706518
K. Mezghani, Lassaâd Mezghani
The subject of the antecedents of strategic IT/IS alignment continues to generate interest. Most researches focus on the role of IT/IS managers in the alignment process and less attention is paid to the role of business managers in such projects. Indeed, although these managers are deemed to have contributions to the success of IT/IS projects, few researches have examined their contributions in the alignment process. In this context, this research attempts to identify the contributions of business managers’ skills in achieving alignment between business strategy and ERP (Enterprise Resources Planning) implementation. To achieve this objective, a model is developed based on the literature review. According to this model, three types of skills are necessary for business managers to contribute to alignment: IT/IS skills, interpersonal skills and conceptual skills. These skills influence the state of alignment directly and indirectly by promoting interactions between managers. A survey research provided support, mainly, to the assumptions of indirect dependency between skills and the state of alignment. The results of statistical tests demonstrate also that it is mainly interpersonal skills which most influence alignment. These results are in contradiction with several previous studies that emphasize the importance of the "technical" skills of business managers (IT/IS skills) to contribute to alignment. Thus, this research supports the idea that the "social" (human) aspect is more crucial than the "technical" one in ERP projects. Normal 0 false false false EN-US X-NONE AR-SA
{"title":"Effects of Business Managers’ Skills on Enterprise Resources Planning Strategic Alignment","authors":"K. Mezghani, Lassaâd Mezghani","doi":"10.11634/216796061706518","DOIUrl":"https://doi.org/10.11634/216796061706518","url":null,"abstract":"The subject of the antecedents of strategic IT/IS alignment continues to generate interest. Most researches focus on the role of IT/IS managers in the alignment process and less attention is paid to the role of business managers in such projects. Indeed, although these managers are deemed to have contributions to the success of IT/IS projects, few researches have examined their contributions in the alignment process. In this context, this research attempts to identify the contributions of business managers’ skills in achieving alignment between business strategy and ERP (Enterprise Resources Planning) implementation. To achieve this objective, a model is developed based on the literature review. According to this model, three types of skills are necessary for business managers to contribute to alignment: IT/IS skills, interpersonal skills and conceptual skills. These skills influence the state of alignment directly and indirectly by promoting interactions between managers. A survey research provided support, mainly, to the assumptions of indirect dependency between skills and the state of alignment. The results of statistical tests demonstrate also that it is mainly interpersonal skills which most influence alignment. These results are in contradiction with several previous studies that emphasize the importance of the \"technical\" skills of business managers (IT/IS skills) to contribute to alignment. Thus, this research supports the idea that the \"social\" (human) aspect is more crucial than the \"technical\" one in ERP projects. Normal 0 false false false EN-US X-NONE AR-SA","PeriodicalId":206506,"journal":{"name":"American Journal of Business and Management","volume":"65 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-03-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127268493","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 : 2014-03-16DOI: 10.11634/216796061706399
O. Owoyemi, O. Olusanya
Since the proclamation of 1975-1985 (as the UN decade for women) increasing awareness and attention has been focused on discrimination of women. Several national and international constitutions and the United Nations declaration on discrimination against women have been used to address and suppress unequal power relations between men and women. Despite all these initiatives, research evidence has still shown that these constitutions theoretical commitments and acknowledgment of women’s crucial roles remained trivialized. In Nigeria, during the pre-colonial era, gender inequality and marginalisation came from the premise that women occupied a position complementary rather subordinate to men. Such complimentary position does not mean equality, but rather, that women can equally play important roles in the society successfully. Despite all the initiatives aimed at eradicating the discrimination of women in paid employment, evidence is still showing that these constitutions theoretical commitments and acknowledgment of women’s crucial roles remained violated and perniciously undermined, therefore more awareness will help address the problem).
{"title":"Gender: A Precursor for Discriminating Against Women in Paid Employment in Nigeria.","authors":"O. Owoyemi, O. Olusanya","doi":"10.11634/216796061706399","DOIUrl":"https://doi.org/10.11634/216796061706399","url":null,"abstract":"Since the proclamation of 1975-1985 (as the UN decade for women) increasing awareness and attention has been focused on discrimination of women. Several national and international constitutions and the United Nations declaration on discrimination against women have been used to address and suppress unequal power relations between men and women. Despite all these initiatives, research evidence has still shown that these constitutions theoretical commitments and acknowledgment of women’s crucial roles remained trivialized. In Nigeria, during the pre-colonial era, gender inequality and marginalisation came from the premise that women occupied a position complementary rather subordinate to men. Such complimentary position does not mean equality, but rather, that women can equally play important roles in the society successfully. Despite all the initiatives aimed at eradicating the discrimination of women in paid employment, evidence is still showing that these constitutions theoretical commitments and acknowledgment of women’s crucial roles remained violated and perniciously undermined, therefore more awareness will help address the problem).","PeriodicalId":206506,"journal":{"name":"American Journal of Business and Management","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-03-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128080477","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 : 2014-03-16DOI: 10.11634/216796061706519
Victor E. Oriavwote, Dickson O. Oyovwi
The objective of this paper empirically investigated the influence of interest rate on investment decisions in Nigeria. The cointegration technique with its implied ECM was applied to estimate the data which covered the period between 1980 and 2012. The result shows that while high minimum rediscount rate and high prime lending rates have detrimental impact on aggregate investment, high treasury bill rates and high government stock rates have positive and significant impact of the level of aggregate investment in Nigeria. The ECM result shows a satisfactory speed of adjustment and a long run relationship also exists among the variables. The study shows that interest rates have differential impact on aggregate investment. The result recommends amongst others that to increase aggregate investment, the minimum rediscount rate and the prime lending rate should be lowered. Normal 0 false false false EN-US X-NONE AR-SA
{"title":"Interest Rate and Investment Decision in Nigeria: A Cointegration Approach","authors":"Victor E. Oriavwote, Dickson O. Oyovwi","doi":"10.11634/216796061706519","DOIUrl":"https://doi.org/10.11634/216796061706519","url":null,"abstract":"The objective of this paper empirically investigated the influence of interest rate on investment decisions in Nigeria. The cointegration technique with its implied ECM was applied to estimate the data which covered the period between 1980 and 2012. The result shows that while high minimum rediscount rate and high prime lending rates have detrimental impact on aggregate investment, high treasury bill rates and high government stock rates have positive and significant impact of the level of aggregate investment in Nigeria. The ECM result shows a satisfactory speed of adjustment and a long run relationship also exists among the variables. The study shows that interest rates have differential impact on aggregate investment. The result recommends amongst others that to increase aggregate investment, the minimum rediscount rate and the prime lending rate should be lowered. Normal 0 false false false EN-US X-NONE AR-SA","PeriodicalId":206506,"journal":{"name":"American Journal of Business and Management","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-03-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132032805","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 : 2014-03-16DOI: 10.11634/216796061706520
Oginni O Babalola, A. Gbadegesin, E. Patience
This paper empirically analysed the concept of superior-subordinate relationship and employees’ commitment to the core beliefs of the organisation in the public universities of Southwestern, Nigeria by identifying various key issues in superior-subordinate relationship and employees’ commitment; determining the effect of the superior-subordinate relationship on employees’ commitment and also investigated the extent of the effect of superior-subordinate relationship on employees’ commitment as well as the role of leadership styles in subordinates’ commitment and those challenges encountered in the course of instituting acceptable superior-subordinate relationship and employees’ commitment. The population for the study has a total number of twelve public universities in the Southwestern, Nigeria (Federal and State) with 12,346 academic staff from which a total number of 1,440 respondents were chosen i.e 120 respondents from each of the universities representing 12% of the population through the purposive sampling technique with reference to the stratified sampling procedure which ensures proportional representation of the population sub-group and random sampling technique was used in the course of administering the questionnaire to 1440 respondents. The result of the findings showed that the correlation between superior-subordinate relationship and employees’ commitment was a positive but it was a weak relationship at 0.05 level of sig. thus, recommended that the culture of the organisation should be designed and tailored along the tradition, values, norms and beliefs of the people in that environment for acceptability of the ways things are being done in the organisation in order to sustain relationship and commitment. Normal 0 false false false EN-US X-NONE AR-SA /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:8.0pt; mso-para-margin-left:0in; line-height:107%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;}
{"title":"A Study of Superior-Subordinate Relationship and Employees’ Commitment to the Core Beliefs of Organisation in Public Universities of Southwest, Nigeria","authors":"Oginni O Babalola, A. Gbadegesin, E. Patience","doi":"10.11634/216796061706520","DOIUrl":"https://doi.org/10.11634/216796061706520","url":null,"abstract":"This paper empirically analysed the concept of superior-subordinate relationship and employees’ commitment to the core beliefs of the organisation in the public universities of Southwestern, Nigeria by identifying various key issues in superior-subordinate relationship and employees’ commitment; determining the effect of the superior-subordinate relationship on employees’ commitment and also investigated the extent of the effect of superior-subordinate relationship on employees’ commitment as well as the role of leadership styles in subordinates’ commitment and those challenges encountered in the course of instituting acceptable superior-subordinate relationship and employees’ commitment. The population for the study has a total number of twelve public universities in the Southwestern, Nigeria (Federal and State) with 12,346 academic staff from which a total number of 1,440 respondents were chosen i.e 120 respondents from each of the universities representing 12% of the population through the purposive sampling technique with reference to the stratified sampling procedure which ensures proportional representation of the population sub-group and random sampling technique was used in the course of administering the questionnaire to 1440 respondents. The result of the findings showed that the correlation between superior-subordinate relationship and employees’ commitment was a positive but it was a weak relationship at 0.05 level of sig. thus, recommended that the culture of the organisation should be designed and tailored along the tradition, values, norms and beliefs of the people in that environment for acceptability of the ways things are being done in the organisation in order to sustain relationship and commitment. Normal 0 false false false EN-US X-NONE AR-SA /* Style Definitions */ \u0000 table.MsoNormalTable \u0000 {mso-style-name:\"Table Normal\"; \u0000 mso-tstyle-rowband-size:0; \u0000 mso-tstyle-colband-size:0; \u0000 mso-style-noshow:yes; \u0000 mso-style-priority:99; \u0000 mso-style-parent:\"\"; \u0000 mso-padding-alt:0in 5.4pt 0in 5.4pt; \u0000 mso-para-margin-top:0in; \u0000 mso-para-margin-right:0in; \u0000 mso-para-margin-bottom:8.0pt; \u0000 mso-para-margin-left:0in; \u0000 line-height:107%; \u0000 mso-pagination:widow-orphan; \u0000 font-size:11.0pt; \u0000 font-family:\"Calibri\",\"sans-serif\"; \u0000 mso-ascii-font-family:Calibri; \u0000 mso-ascii-theme-font:minor-latin; \u0000 mso-hansi-font-family:Calibri; \u0000 mso-hansi-theme-font:minor-latin;}","PeriodicalId":206506,"journal":{"name":"American Journal of Business and Management","volume":"44 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-03-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127624393","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 : 2013-12-01DOI: 10.11634/216796061706428
Pinru Chen, Hui-Fei Lin, Benjamin Yeo
In this study, the researchers sought to investigate the implementation strategies of product placements and examine the relationships among exposure times, plot connection and the effects of product placements in Taiwanese idol dramas. The study addresses an on-going question about the relevance of Taiwanese Idol Dramas given the extent of competition in the media today as well as their decreasing relevance. Following an experiment, interviews were conducted with media experts to supplement the findings and add further depth to our understanding. The results show that Taiwanese Idol Dramas continue to have a powerful effect on the audience. Specifically, brand placements with a high number of exposures that were highly connected to plots resulted in more positive brand attitudes than those with few exposures that were loosely connected to the plots. Increasing brand exposure time and the plot connection strategies are suggested at different stages to maximise their impact.
{"title":"Strategies for Effective Product Placements in Taiwanese Idol Dramas","authors":"Pinru Chen, Hui-Fei Lin, Benjamin Yeo","doi":"10.11634/216796061706428","DOIUrl":"https://doi.org/10.11634/216796061706428","url":null,"abstract":"In this study, the researchers sought to investigate the implementation strategies of product placements and examine the relationships among exposure times, plot connection and the effects of product placements in Taiwanese idol dramas. The study addresses an on-going question about the relevance of Taiwanese Idol Dramas given the extent of competition in the media today as well as their decreasing relevance. Following an experiment, interviews were conducted with media experts to supplement the findings and add further depth to our understanding. The results show that Taiwanese Idol Dramas continue to have a powerful effect on the audience. Specifically, brand placements with a high number of exposures that were highly connected to plots resulted in more positive brand attitudes than those with few exposures that were loosely connected to the plots. Increasing brand exposure time and the plot connection strategies are suggested at different stages to maximise their impact.","PeriodicalId":206506,"journal":{"name":"American Journal of Business and Management","volume":"145 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123523543","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 : 2013-11-29DOI: 10.11634/216796061706465
Abdulrahman Alsughayir
This paper examines the relationships among quality management, profitability, and productivity in Saudi Arabia’s dried date industry. Analyzing the data using correlation, SEM, and regression analyses revealed that the factors with the greatest impact on productivity and profitability were quality measurement, benchmarking, employee focus, training, and supplier relations. The findings also indicate that productivity serves as a mediator for the link between profitability and quality management. Accordingly, Saudi date producers should consider paying more attention to quality management aspects of the manufacturing process and provide greater management support for quality measurement, benchmarking, and other quality programs. Normal 0 false false false EN-US X-NONE AR-SA /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:8.0pt; mso-para-margin-left:0in; line-height:107%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;}
{"title":"The Impact of Quality Practices on Productivity and Profitability in the Saudi Arabian Dried Date Industry","authors":"Abdulrahman Alsughayir","doi":"10.11634/216796061706465","DOIUrl":"https://doi.org/10.11634/216796061706465","url":null,"abstract":"This paper examines the relationships among quality management, profitability, and productivity in Saudi Arabia’s dried date industry. Analyzing the data using correlation, SEM, and regression analyses revealed that the factors with the greatest impact on productivity and profitability were quality measurement, benchmarking, employee focus, training, and supplier relations. The findings also indicate that productivity serves as a mediator for the link between profitability and quality management. Accordingly, Saudi date producers should consider paying more attention to quality management aspects of the manufacturing process and provide greater management support for quality measurement, benchmarking, and other quality programs. Normal 0 false false false EN-US X-NONE AR-SA /* Style Definitions */ \u0000 table.MsoNormalTable \u0000 {mso-style-name:\"Table Normal\"; \u0000 mso-tstyle-rowband-size:0; \u0000 mso-tstyle-colband-size:0; \u0000 mso-style-noshow:yes; \u0000 mso-style-priority:99; \u0000 mso-style-parent:\"\"; \u0000 mso-padding-alt:0in 5.4pt 0in 5.4pt; \u0000 mso-para-margin-top:0in; \u0000 mso-para-margin-right:0in; \u0000 mso-para-margin-bottom:8.0pt; \u0000 mso-para-margin-left:0in; \u0000 line-height:107%; \u0000 mso-pagination:widow-orphan; \u0000 font-size:11.0pt; \u0000 font-family:\"Calibri\",\"sans-serif\"; \u0000 mso-ascii-font-family:Calibri; \u0000 mso-ascii-theme-font:minor-latin; \u0000 mso-hansi-font-family:Calibri; \u0000 mso-hansi-theme-font:minor-latin;}","PeriodicalId":206506,"journal":{"name":"American Journal of Business and Management","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129827423","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 : 2013-11-28DOI: 10.11634/216796061706361
O. Adekunle, G. O. Salami, Adedipe A Oluseyi
An efficient financial system is essential for building a sustained economic growth and an open vibrant economic system. Countries with well developed financial institutions tend to grow faster; especially the size of the banking system and the liquidity of the stock markets tend to have strong positive impact on economic growth. This study examines the impact of financial sector development and economic growth in Nigeria. It seeks to know the impacts of the sector in the Nigerian economy and whether the sector has been able to achieve its main objective of intermediation as a result of the inability of the sector to assist the real sector despite the huge profits declared yearly & also the short term lending of the banks instead of long term investment that can boost the economy. The OLS method of the regression analysis was employed; the financial development was proxied by ratio of liquidity liabilities to GDP (M2GDP), real interest rate (INTR), ratio of credit to private sector to GDP (CPGDP) while the economic growth was measured by the real GDP (RGDP).The study finds that only the real interest rate is negatively related. All the explanatory variables are statistically insignificant. Though the overall statistic shows that the independent variables were able to explain 74 percent variation in the dependent but contrary to a priori expectation, it is statistically insignificant. The link between the financial and real sector still remains weak and could not propel the needed growth towards the vision 202020. There is therefore the need for consistent, transparent, fair policy, and also a resilient& strong institutional development of the sector. Normal 0 false false false EN-US X-NONE AR-SA /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:8.0pt; mso-para-margin-left:0in; line-height:107%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;}
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Pub Date : 2013-11-27DOI: 10.11634/216796061706420
Abbas N. Albarq
Although the Saudi Customs Department attempts to prevent the import and/or export of counterfeit goods more than 62 million counterfeit products, with a value of approximately US$50 million, were confiscated at ports in Saudi Arabia over the past year in 2012. This paper focuses on the key antecedents of Saudi consumer attitudes toward counterfeit products, as well as the influence that these attitudes have on the Saudi behavioral intentions regarding these products. A 10 min pen and structured questionnaire was distributed to 520 subjects in Riyadh through a nonprobability, convenience-sampling approach to test the hypothesized relationships using structural equation model (SEM) test with maximum likelihood estimation. The empirical results from the structural model suggest that: Saudi consumer intentions to buy counterfeited products are influenced by perceived risk, subjective norm, price-quality inference, prior purchase of counterfeits, integrity, and personal gratification. The paper reinforces the mediator role that attitude plays in the relationship between these antecedents and behavioral intentions. Furthermore, a consumer’s previous experience with consumption of counterfeits does not have a direct effect on behavioral intentions; only an indirect effect through attitude. This paper informs policy makers and brand managers about the main predictors of consumer’s attitudes toward counterfeits. In this way, advertisements that are intended to discourage the consumption of counterfeits could use the perceived risk as their primary message. Normal 0 false false false EN-US X-NONE AR-SA /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:8.0pt; mso-para-margin-left:0in; line-height:107%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;}
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