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The Effect of Psychological Empowerment on Job Satisfaction Auditors with OCB as a Moderating Variable 心理授权对工作满意度的影响,以组织公民行为为调节变量
Pub Date : 2023-04-18 DOI: 10.11648/j.ijefm.20231102.14
Rika Suprapty Hidar, Suraeda Sultan, Mutiara Mashita Diapati
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引用次数: 1
Constraints to Debt Sustainability in Egypt: Structural Response and Fiscal Fatigue 埃及债务可持续性的制约因素:结构性反应和财政疲劳
Pub Date : 2023-03-31 DOI: 10.11648/j.ijefm.20231102.12
Mohamed Fathy Abdelgany, Taghreed Badr Al-deen
: Public debt sustainability is a multidimensional process. Egypt maintains a sustainable general path in conducting its fiscal policy. However, the rising path of accumulated debt to GDP ratio implies critical restrictions on fiscal stance and fiscal space. The research tests the structural endogenous long-term response of the Egyptian government towards the accumulated stock of public debt. in addition to examining the fiscal fatigue hypothesis when debt jumps to high extreme levels. The research adopts the widely accepted approach proposed by Bohn to estimates a fiscal reaction function. the Autoregressive Distributed Lag ARDL technique is applied for the time period from 1981 to 2021. Empirical wise, two critical specified regressions are estimated. The first measures the response of the structural long-term primary balance as a percentage of GDP to the stock of public debt to GDP ratio. This provides a general judgement whether the fiscal policy is expansionary, neutral or restrictive. Second, a non-linear estimation is implemented to test for the possibility of fiscal fatigue. the existence of an inverse U-shaped response can be used to endogenously determine a debt threshold above which the government is unable to keep its fiscal position within the sustainability condition. Findings of the first regression indicate that the government is unable to adjust its structural primary balance positively with the increase in the stock of previous debt to GDP ratio during the examined time period. Thus, fiscal policy of the Egyptian government tends to be restrictive during the examined time period. Furthermore, the fiscal fatigue hypothesis applies as the magnitude of government fiscal response is conditioned by the level of accumulated public debt. At low levels of debt to GDP ratio the government adjustment of its primary balance is not structurally planned. Government show weak response. When the level of accumulated debt to GDP ratio goes high, government undertakes serious measures and effectively adjust the primary balance to GDP with the increased public debt. however, when the level of the previous debt to GDP ratio jump to extreme high levels, government is unable to maintain the positive response indicating the possibility of fiscal fatigue and fiscal default. The research emphasizes the necessity of a planned serious fiscal actions to correct the long-term response. Cyclical automatic response of the government should be revised. Moreover, Non-interest expenditures should be structurally adjusted to maintain the required level of government reasonable primary balance.
公共债务的可持续性是一个多方面的过程。埃及在实施财政政策方面保持了一条可持续的总体道路。然而,累积债务与GDP之比的上升路径意味着对财政立场和财政空间的关键限制。本研究检验了埃及政府对公共债务累积存量的结构性内生长期反应。除了检查财政疲劳假说,当债务跳到极高的极端水平。本研究采用Bohn提出的被广泛接受的方法来估计财政反应函数。自回归分布滞后ARDL技术应用于1981 - 2021年时间段。经验方面,估计了两个关键的指定回归。第一个指标衡量的是结构性长期基本收支占GDP的比例,即公共债务存量占GDP的比例。这提供了财政政策是扩张性、中性还是限制性的一般判断。其次,采用非线性估计来检验财政疲劳的可能性。逆u型响应的存在可以用来内生地确定一个债务阈值,超过该阈值,政府就无法将其财政状况保持在可持续性条件内。第一次回归的结果表明,在研究的时间段内,政府无法随着先前债务存量与GDP之比的增加而积极调整其结构性初级平衡。因此,在研究的时间段内,埃及政府的财政政策往往是限制性的。此外,财政疲劳假说适用于政府财政反应的大小取决于累积的公共债务水平。在债务与国内生产总值(GDP)之比较低的情况下,政府对其基本平衡的调整没有结构性规划。政府反应软弱。当累积债务与GDP之比较高时,政府采取严厉措施,通过增加公共债务有效调整初级余额与GDP的比例。然而,当之前的债务与GDP之比跃升至极高水平时,政府无法保持积极的反应,这表明存在财政疲劳和财政违约的可能性。该研究强调,必须有计划地采取严肃的财政行动,以纠正长期反应。应该修改政府的周期性自动反应。对非利息支出进行结构性调整,保持政府合理的基本收支平衡水平。
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引用次数: 0
An Empirical Investigation of Herd Behaviour in Surplus Economy: Evidences from Muscat Stock Market 盈余经济中羊群行为的实证研究:来自马斯喀特股票市场的证据
Pub Date : 2023-03-21 DOI: 10.11648/j.ijefm.20231102.11
Vasilya Sultanova, Hassan Mounir El-Sady, H. Hamdy
: This study investigates herd behaviour in the surplus economy of the Sultanate of Oman under Bear and Bull market conditions. The first aim of the study is to determine if the investors at Muscat Stock Market (MSM) exhibit herd behavior or not. The second aim of the study is to compare the different stochastic time-series models commonly used to test and forecast herd behavior. Finally, the study aims to determine whether herd behavior in the MSM is predominantly risk-driven as measured by Cross-Sectional Standard Deviation (CSSD) or return-driven as measured by Cross-Sectional Absolute Deviation (CSAD) of stock returns from the overall market return. Our analyses are based on daily Muscat Stock Market’s (MSM) index returns for the period starting 1st of January 2010 and ending 31 st of December 2019, the pre Covide-19 pandemic. Our findings disclose: (1) that MSM exhibits herd behavior, (2) that there are statistically significant among the different stochastic time-series models used to test and forecast herd behavior in MSM, where ARIMA (1,0,0) model exhibits the highest predictive power of herd behavior in MSM (3), that MSM’s herd behavior is driven more by CSSD than CSAD in the bearish and bullish market conditions.
本文研究了在熊市和牛市条件下阿曼苏丹国盈余经济中的羊群行为。研究的第一个目的是确定马斯喀特股票市场(MSM)的投资者是否表现出羊群行为。本研究的第二个目的是比较不同的随机时间序列模型通常用于测试和预测群体行为。最后,本研究旨在确定MSM群体中的羊群行为主要是由横截面标准差(Cross-Sectional Standard Deviation, CSSD)衡量的风险驱动还是由股票收益与整体市场收益的横截面绝对偏差(Cross-Sectional Absolute Deviation, CSAD)衡量的收益驱动。我们的分析基于2010年1月1日至2019年12月31日期间(2019冠状病毒病大流行之前)马斯喀特股票市场(MSM)指数的每日回报。研究结果表明:(1)男男性行为表现为羊群行为;(2)用于检验和预测男男性群体羊群行为的不同随机时间序列模型具有统计学显著性,其中ARIMA(1,0,0)模型对男男性群体羊群行为的预测能力最高;(3)在看跌和看涨市场条件下,男男性群体的羊群行为受CSSD的驱动大于CSAD。
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引用次数: 0
Research on the Impact of Big Data Analysis Capability on Enterprise Supply Chain Resilience 大数据分析能力对企业供应链弹性的影响研究
Pub Date : 2023-02-06 DOI: 10.11648/j.ijefm.20231101.14
Zhang Luyu
: Based on the current economic environment and from the perspective of dynamic capability, this paper divides big data analysis capability into big data perception capability, big data capture capability and big data transformation capability, and divides supply chain ambidexterity into supply chain agility and supply chain adaptability. A questionnaire survey was used to quantify the impact of big data analysis capability (BDAC) on supply chain elasticity (SC-RE). A total of 300 questionnaires were distributed to managers of supply chain nodes of enterprises, and 217 valid questionnaires were obtained. The regression results of questionnaire data showed that BDAC was positively correlated with SC-RE. Supply chain duality (SC-AM) is positively correlated with SC-RE. SC-AM plays a partial mediating role in the positive effect of BDAC on SC-RE. Based on the regression results of this paper and the research results of existing scholars, the corresponding conclusions are drawn, and some suggestions are put forward for enterprise managers. BDAC is an effective way to improve the performance level and competitive strength of supply chain enterprises. Enterprises should attach importance to the useful information contained in big data, take certain measures to enhance BDAC, improve the information processing capacity and speed of enterprises, reduce the probability of risk occurrence, so as to improve the supply chain resilience of enterprises and improve the level of supply chain risk management.
基于当前经济环境,从动态能力的角度出发,将大数据分析能力分为大数据感知能力、大数据捕获能力和大数据转化能力,将供应链双灵巧性分为供应链敏捷性和供应链适应性。采用问卷调查的方法,量化大数据分析能力(BDAC)对供应链弹性(SC-RE)的影响。共向企业供应链节点管理人员发放问卷300份,获得有效问卷217份。问卷数据回归结果显示,BDAC与SC-RE呈正相关。供应链二元性(SC-AM)与SC-RE呈正相关。SC-AM在BDAC对SC-RE的正向作用中起部分中介作用。根据本文的回归结果和已有学者的研究成果,得出相应的结论,并对企业管理者提出一些建议。BDAC是提高供应链企业绩效水平和竞争实力的有效途径。企业应重视大数据中蕴含的有用信息,采取一定措施增强BDAC,提高企业的信息处理能力和速度,降低风险发生的概率,从而提高企业的供应链弹性,提高供应链风险管理水平。
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引用次数: 0
Research on Effect Reasoning on Enterprise Digital Transformation Performance with Big Data Analysis 基于大数据分析的企业数字化转型绩效影响推理研究
Pub Date : 2023-02-06 DOI: 10.11648/j.ijefm.20231101.15
Liangcan Liu, Jia Chen, Hang Ren, Tianhui Chen
: Due to the various differences between modern enterprises and traditional enterprises, many scholars have noticed that the research results of traditional mature enterprises can not be fully applied to the relevant research of modern digital enterprises. Therefore, many new theories have emerged in the field of digital transformation research in recent decades. In the course of many years of development, there have been more studies on its definition, conception dimension and measurement. Although some scholars have realized that effect reasoning will play a role in the performance of enterprise digital transformation, there are relatively few empirical studies on the impact of effect reasoning on the performance of enterprise digital transformation. Digital transformation refers to the realization of significant technological change by enterprises through digital technology, and its essence is a process of continuous exploration. This study is carried out to reveal the impact of the effect reasoning on enterprises’ digital transformation with big data analysis from a process perspective. The results show that the effect reasoning and failure learning improves enterprise digital transformation performance. Empirical learning theory is used for the research context. It is helpful to enrich and develop the theoretical research on management innovation, and understand and guide Chinese enterprises to realize digital transformation with big data analysis
:由于现代企业与传统企业之间存在诸多差异,许多学者注意到传统成熟企业的研究成果并不能完全应用于现代数字化企业的相关研究。因此,近几十年来,数字化转型研究领域出现了许多新的理论。在多年的发展过程中,对其定义、概念维度和测量方法的研究越来越多。虽然已经有学者意识到效果推理会对企业数字化转型绩效产生影响,但关于效果推理对企业数字化转型绩效影响的实证研究相对较少。数字化转型是指企业通过数字化技术实现重大技术变革,其本质是一个不断探索的过程。本研究从过程视角出发,运用大数据分析揭示效果推理对企业数字化转型的影响。结果表明,效果推理和失败学习能够提高企业数字化转型绩效。实证学习理论被用于研究情境。有助于丰富和发展管理创新的理论研究,理解和指导中国企业通过大数据分析实现数字化转型
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引用次数: 1
Regional Growth Analysis of Sugarcane Production in Uttar Pradesh 北方邦甘蔗生产的区域增长分析
Pub Date : 2023-01-30 DOI: 10.11648/j.ijefm.20231101.13
Aobakwe Gababolokwe, Hubba Lal Singh, Rakesh Kumar Singh
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引用次数: 0
U.S. Military Assistance to Europe, NATO’s Military Build Up, and the Start of Intra-European Economic Cooperation, 1947-1955 美国对欧洲的军事援助,北约的军事建设,以及欧洲内部经济合作的开始,1947-1955
Pub Date : 2023-01-10 DOI: 10.11648/j.ijefm.20231101.11
Simone Selva
: This contribution pinpoints the interconnectedness between Nato's military buildup at the start of the Atlantic Alliance under the umbrella of U.S. military assistance to Europe, the revamping of a few manufacturing sectors that it fostered across Western Europe, and the early steps in the making of intra-European economic integration through cooperation in military productions. After an introduction, section two cast light on the early U
这篇文章指出了北约在大西洋联盟成立之初在美国军事援助欧洲的保护伞下的军事建设,它在西欧培育的一些制造业的改造,以及通过军事生产合作实现欧洲内部经济一体化的早期步骤之间的相互联系。在介绍之后,第二部分对早期的美国政治进行了阐释
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引用次数: 0
The Effect of Interest Rate Adjustment on the Stock Price Index in China 利率调整对中国股票价格指数的影响
Pub Date : 2023-01-10 DOI: 10.11648/j.ijefm.20231101.12
Haodong Chen, Ruiqi Sun, Ke Gao
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引用次数: 0
Research on Culture Development Strategy of Sino-foreign Joint Venture Automobile Manufacturing Enterprises 中外合资汽车制造企业文化发展战略研究
Pub Date : 2021-11-17 DOI: 10.11648/J.IJEFM.20210906.13
H. Ying, Shang Hao, Zhao Wenxuan
Automobile manufacturing enterprises develop fast, focusing on hardware upgrading, quality control and other issues to implement innovation as well. However, looking back on its steady development, its deep “Soft strength”is even more essential in addition to the need to have“Hard strength”. Construction of enterprise culture has become an important way to support enterprise management and become one of the core competitiveness of sustainable development of enterprises. The lag of company culture development is an essential factor that hinders its sustainable development for large sino-foreign joint venture automobile manufacturing enterprises. Corporate culture construction is a systematic, long-term and continuous internalization process. Excellent corporate culture can lead the development of the enterprise continuously, and also can Down to Earth the reality of the enterprise Combined with the new characteristics and problems in the development of Chinese automobile manufacturing enterprises. This paper conducted an in-depth research on the current situation, existing problems and primary cause of the culture construction of SGMW. The optimizing strategy of SGMW culture development is analyzed combining with new development tendency of sino-foreign joint venture automobile manufacturing enterprises and the corresponding requirement of culture progress. This paper proposes the culture construction localization strategy in terms of spirit, system and behavior culture, in order to provide reference and reference for more automobile manufacturing enterprise culture construction.
汽车制造企业发展迅速,注重硬件升级、质量控制等问题实施创新。然而,回顾其稳步发展,除了需要“硬实力”外,其深层的“软实力”更是必不可少。企业文化建设已成为支撑企业管理的重要途径,成为企业可持续发展的核心竞争力之一。对于大型中外合资汽车制造企业来说,企业文化发展滞后是阻碍其可持续发展的重要因素。企业文化建设是一个系统的、长期的、持续的内化过程。优秀的企业文化可以引领企业的持续发展,也可以脚踏实地的结合中国汽车制造企业发展的新特点和新问题。本文对上汽通用汽车文化建设的现状、存在的问题及主要原因进行了深入的研究。结合中外合资汽车制造企业新的发展趋势和文化进步的相应要求,分析了上汽通用五菱文化发展的优化策略。本文从精神文化、制度文化和行为文化三个方面提出了企业文化建设的本土化策略,以期为更多的汽车制造企业文化建设提供借鉴和参考。
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引用次数: 1
Assist the Rural Revitalization of Yantai City: Promote the Cultural Brand Construction of Xiaojia Village, Fushan District, Yantai City 助力烟台市乡村振兴:推动烟台市福山区小家村文化品牌建设
Pub Date : 2021-11-17 DOI: 10.11648/J.IJEFM.20210906.12
D. Siwei
The rural revitalization strategy proposed at the 19th National Congress of the Communist Party of China (CPC) is based on the fact that the CPC Central Committee with General Secretary Xi Jinping at its core has acted with the overall cause of the Party and the country in mind, grasped the laws governing modernization and the changing nature of urban-rural relations, responded to the aspirations of hundreds of millions of rural residents for a better life, and made major decisions and plans on agriculture, rural areas and farmers. It is a major historical task of securing a decisive victory in finishing building a moderately prosperous society in all respects and building a modern socialist country in all respects. It is the overall focus of our work related to agriculture, rural areas and farmers in the new era. In this paper, xiaojia Village, Fushan District, Yantai city as an example, through vigorously developing characteristic industries; We will promote agricultural restructuring, accelerate rural infrastructure development, and shore up weak links in agriculture and rural areas. Supporting the development of rural tourism and ecotourism; Strengthen the construction of rural ecological environment; Create a good environment for the development of scientific and technological talents, and provide support for agricultural science and technology and human resources; We will deepen the construction of spiritual civilization in rural areas and improve the quality of farmers and the level of social civilization in rural areas.
对“三农”问题作出重大决策部署。是决胜全面建成小康社会、全面建成社会主义现代化国家的重大历史任务。这是新时代“三农”工作的总重点。本文以烟台市福山区小家村为例,通过大力发展特色产业;推进农业结构调整,加快农村基础设施建设,补齐农业农村短板。支持乡村旅游和生态旅游发展;加强农村生态环境建设;营造良好的科技人才发展环境,为农业科技和人力资源提供支持;深化农村精神文明建设,提高农民素质和农村社会文明水平。
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引用次数: 1
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International Journal of Economics, Finance and Management Sciences
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