Pub Date : 2023-01-30DOI: 10.54536/ajebi.v2i1.1135
F. Fathurohman, R. Purwasih, Ridwan Baharta, L. Safitri, I. D. Destiana, Atika Romalasari
Businesses in the livestock sector which are part of the agricultural business sector are very vulnerable to economic and social impacts. Price fluctuations and currency exchange rates will be felt by breeders, as well as people’s purchasing power which will greatly affect the livestock business sector. Population growth causes a region’s Gross Regional Domestic Product (GRDP) to change. The purpose of this study was to analyze the effect of economic growth and population on the welfare of breeders. This research method uses a quantitative approach that emphasizes the analysis of numerical data processed by statistical methods and literature study. The literature study is related to macroeconomic indicators, namely the population and welfare of breeders. Secondary data uses data from the Subang Regency Livestock and Animal Health Service, the West Java Province Food Security and Livestock Service Office, the Central Bureau of Statistics (BPS) Subang Regency, and West Java BPS as well as data from related journals and articles. Data analysis using multiple regression analysis techniques. The results showed that there was a significant influence between economic growth and population on the welfare of breeders in Subang Regency. This research shows that the welfare of smallholder breeders is influenced by economic growth and population. The higher the economic growth and population of an area, the higher the level of welfare of breeders in that area.
{"title":"Analysis of the Effects of Economic Growth and Population Toward Beef Cattle Farmers’ Welfare in Subang Regency, Indonesia","authors":"F. Fathurohman, R. Purwasih, Ridwan Baharta, L. Safitri, I. D. Destiana, Atika Romalasari","doi":"10.54536/ajebi.v2i1.1135","DOIUrl":"https://doi.org/10.54536/ajebi.v2i1.1135","url":null,"abstract":"Businesses in the livestock sector which are part of the agricultural business sector are very vulnerable to economic and social impacts. Price fluctuations and currency exchange rates will be felt by breeders, as well as people’s purchasing power which will greatly affect the livestock business sector. Population growth causes a region’s Gross Regional Domestic Product (GRDP) to change. The purpose of this study was to analyze the effect of economic growth and population on the welfare of breeders. This research method uses a quantitative approach that emphasizes the analysis of numerical data processed by statistical methods and literature study. The literature study is related to macroeconomic indicators, namely the population and welfare of breeders. Secondary data uses data from the Subang Regency Livestock and Animal Health Service, the West Java Province Food Security and Livestock Service Office, the Central Bureau of Statistics (BPS) Subang Regency, and West Java BPS as well as data from related journals and articles. Data analysis using multiple regression analysis techniques. The results showed that there was a significant influence between economic growth and population on the welfare of breeders in Subang Regency. This research shows that the welfare of smallholder breeders is influenced by economic growth and population. The higher the economic growth and population of an area, the higher the level of welfare of breeders in that area.","PeriodicalId":298661,"journal":{"name":"American Journal of Economics and Business Innovation","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125046677","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 : 2023-01-11DOI: 10.54536/ajebi.v2i1.1088
Damir Tomic, Karla Vizinger
Remote work as a form of business has been used for many years, but not in all industries. In the midst of a pandemic caused by the COVID-19 virus, this way of working has become an inevitable form of business. Overnight, one had to adjust to the “new normality” and accept a new way of working from home. This way of working has positive and negative effects on the job itself and on the individual. These issues have been addressed in a number of studies that have identified different impacts of distance business on productivity, as well as on all participants in the business process. Research shows that there are a number of positive effects on employees of different companies, but also some negative effects. Most of the research covered by this paper, 81.82% of them, found that this way of working has no negative effects on productivity. Also, 63.64% of papers showed that the consequences for employees are mostly positive. Remote work has had a number of implications for businesses and individuals as it has become more widespread, particularly during the COVID-19 pandemic. While it has been shown to have mostly positive effects on productivity and employee well-being in many studies, there are also some negative impacts that have been identified. It is important for businesses and individuals to carefully consider the benefits and drawbacks of remote work and to implement strategies to address any potential negative effects.
{"title":"Effects of Remote Business During the Covid-19 Pandemic - A Literature Review","authors":"Damir Tomic, Karla Vizinger","doi":"10.54536/ajebi.v2i1.1088","DOIUrl":"https://doi.org/10.54536/ajebi.v2i1.1088","url":null,"abstract":"Remote work as a form of business has been used for many years, but not in all industries. In the midst of a pandemic caused by the COVID-19 virus, this way of working has become an inevitable form of business. Overnight, one had to adjust to the “new normality” and accept a new way of working from home. This way of working has positive and negative effects on the job itself and on the individual. These issues have been addressed in a number of studies that have identified different impacts of distance business on productivity, as well as on all participants in the business process. Research shows that there are a number of positive effects on employees of different companies, but also some negative effects. Most of the research covered by this paper, 81.82% of them, found that this way of working has no negative effects on productivity. Also, 63.64% of papers showed that the consequences for employees are mostly positive. Remote work has had a number of implications for businesses and individuals as it has become more widespread, particularly during the COVID-19 pandemic. While it has been shown to have mostly positive effects on productivity and employee well-being in many studies, there are also some negative impacts that have been identified. It is important for businesses and individuals to carefully consider the benefits and drawbacks of remote work and to implement strategies to address any potential negative effects.","PeriodicalId":298661,"journal":{"name":"American Journal of Economics and Business Innovation","volume":"164 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127323310","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}
Sohana Intasa Siddiqua, Tasnuva Fayezin, Reazul Hoque, N. Hoque
Since the economy has changed due to globalization, markets have become extremely competitive. The market system is shaping the expansion of business, the economy, and other areas. As a result, human resource management (HRM) plays a crucial function. The study’s goal is to assess the effectiveness of human resource management (HRM) and how organizational disputes affect HRM’s influence on organizational effectiveness in Bangladesh’s banking industry. This paper used primary data from 400 employees in Bangladesh’s banking industry through a questionnaire, of which 310 were returned for the purpose of testing study hypotheses. PLS-SEM has been used for data analysis and the result shows that the functional conflict has a favorable link to organizational success. Additionally, it has been discovered that HRM practices have a substantial impact on organizational effectiveness and can change dysfunctional conflict into functional conflict. The finding in this study reveals that there is a strong correlation between dysfunctional conflict and organizational success. This paper provides administrators in Bangladesh’s banking sector with an essential framework for comprehending why HRM is important in banks and other enterprises and demonstrates a positive association between HRM performance and organizational success.
{"title":"Intermediating Role of Human Resource Management in Organizational Conflict and its influence on Organizational Effectiveness–Evidence from Bangladesh’s Banking Sector","authors":"Sohana Intasa Siddiqua, Tasnuva Fayezin, Reazul Hoque, N. Hoque","doi":"10.54536/ajebi.v1i3.946","DOIUrl":"https://doi.org/10.54536/ajebi.v1i3.946","url":null,"abstract":"Since the economy has changed due to globalization, markets have become extremely competitive. The market system is shaping the expansion of business, the economy, and other areas. As a result, human resource management (HRM) plays a crucial function. The study’s goal is to assess the effectiveness of human resource management (HRM) and how organizational disputes affect HRM’s influence on organizational effectiveness in Bangladesh’s banking industry. This paper used primary data from 400 employees in Bangladesh’s banking industry through a questionnaire, of which 310 were returned for the purpose of testing study hypotheses. PLS-SEM has been used for data analysis and the result shows that the functional conflict has a favorable link to organizational success. Additionally, it has been discovered that HRM practices have a substantial impact on organizational effectiveness and can change dysfunctional conflict into functional conflict. The finding in this study reveals that there is a strong correlation between dysfunctional conflict and organizational success. This paper provides administrators in Bangladesh’s banking sector with an essential framework for comprehending why HRM is important in banks and other enterprises and demonstrates a positive association between HRM performance and organizational success.","PeriodicalId":298661,"journal":{"name":"American Journal of Economics and Business Innovation","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131279024","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The study intends to contribute to the field of TQM by exploring the relationship between commitment to quality and continuous improvement and giving emphasis on customer satisfaction on how it acts as a mediator. A survey instrument was adopted from Goh (2000) and used to obtain required information on the independent and dependent variables in assessing the level of TQM implementation in a manufacturing company at Quezon City, Philippines as primary respondents in which data were collected using the online platform. Data were analyzed using Factor analysis and a Partial Least Square Structural Equation Modeling (PLS-SEM) using the SmartPLS 3.0 software for the hypothesis testing and measurement of model fit for the structural model. The questionnaire measures the respondents’ perception on rating the company’s performance against each pillar with a total of 23 scale items that are rated on a 5-point Likert scale. As a whole, the constructs on customer satisfaction and continuous improvement have a significant relationship. Further research is needed to explore other mediating factors, components, and segments under each construct that are restricted on the instrument. Additionally, management direction in shaping organizational values and establishing a framework to bring about change will encourage all employees to participate in this process and may impact the outcome of TQM success are restricted on the instrument.
{"title":"A Baseline Assessment of the Total Quality Management Pillars of Commitment to Quality, Customer Satisfaction and Continuous Improvement in a Manufacturing Concern","authors":"Eileen B Agotilla, Jervis Anthony R Agustin","doi":"10.54536/ajebi.v1i3.969","DOIUrl":"https://doi.org/10.54536/ajebi.v1i3.969","url":null,"abstract":"The study intends to contribute to the field of TQM by exploring the relationship between commitment to quality and continuous improvement and giving emphasis on customer satisfaction on how it acts as a mediator. A survey instrument was adopted from Goh (2000) and used to obtain required information on the independent and dependent variables in assessing the level of TQM implementation in a manufacturing company at Quezon City, Philippines as primary respondents in which data were collected using the online platform. Data were analyzed using Factor analysis and a Partial Least Square Structural Equation Modeling (PLS-SEM) using the SmartPLS 3.0 software for the hypothesis testing and measurement of model fit for the structural model. The questionnaire measures the respondents’ perception on rating the company’s performance against each pillar with a total of 23 scale items that are rated on a 5-point Likert scale. As a whole, the constructs on customer satisfaction and continuous improvement have a significant relationship. Further research is needed to explore other mediating factors, components, and segments under each construct that are restricted on the instrument. Additionally, management direction in shaping organizational values and establishing a framework to bring about change will encourage all employees to participate in this process and may impact the outcome of TQM success are restricted on the instrument.","PeriodicalId":298661,"journal":{"name":"American Journal of Economics and Business Innovation","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128758075","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study aims to map out how to develop strategies for service-based businesses to take advantage of opportunities and maximize the role of resources by anticipating weaknesses and threats. This research was conducted on a service-based business. The research method used is descriptive qualitative, with research subjects being business owners, employees, and some consumers in the laundry business in Watampone City. The analytical technique used in this research is SWOT analysis (Strength, Weakness, Opportunity, Treatment) as an alternative mapping strategy that will be implemented in future business development. From the results of research using swot analysis in the laundry business in Watamponen City, implementing a laundry business development strategy has excellent prospects and opportunities, so the strategy that is considered suitable is based on the research results using a Growth-oriented strategy.
{"title":"What is the Development Strategy for a Service-based Business?","authors":"Otong Karyono","doi":"10.54536/ajebi.v1i3.824","DOIUrl":"https://doi.org/10.54536/ajebi.v1i3.824","url":null,"abstract":"This study aims to map out how to develop strategies for service-based businesses to take advantage of opportunities and maximize the role of resources by anticipating weaknesses and threats. This research was conducted on a service-based business. The research method used is descriptive qualitative, with research subjects being business owners, employees, and some consumers in the laundry business in Watampone City. The analytical technique used in this research is SWOT analysis (Strength, Weakness, Opportunity, Treatment) as an alternative mapping strategy that will be implemented in future business development. From the results of research using swot analysis in the laundry business in Watamponen City, implementing a laundry business development strategy has excellent prospects and opportunities, so the strategy that is considered suitable is based on the research results using a Growth-oriented strategy.","PeriodicalId":298661,"journal":{"name":"American Journal of Economics and Business Innovation","volume":"371 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-11-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115850990","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The study examined the impact of external debts on economic growth in Nigeria between 1986 and 2019. The specific objectives of this study were to: examine the impact of external debt stock on economic growth in Nigeria; assess the impact of external debt servicing on economic growth in Nigeria and investigate the extent to which external debt interest has impacted on economic growth in Nigeria. It was discovered that debt is synonymous to underdevelopment, poverty, unemployment which has led to low living standard of the people and Nigeria’s huge debt stock has prevented it from embarking on higher domestic investment which would lead to higher growth and development which is a major problem to Nigeria. The findings shows that Nigeria’s economic growth has been adversely but significantly affected by rising external debt servicing and the study recommended that external debt should be effectively utilize for sustainable development and diversification of Nigeria’s economy will reduce the rate of external debt. The study adopted the ex-post facto research design being of secondary nature and was used to test the hypotheses. Descriptive Statistics, Unit Root Test, Co-integration, Auto-regressive Distributive Lag and Error Correction Mechanism estimates, were used to estimate and to test the impact of external debt on economic growth in Nigeria were demonstrated.
{"title":"Impact of External Debt on Economic Growth in Nigeria: 1986-2019","authors":"Hope Jacob Tama, Sule Habila","doi":"10.54536/ajebi.v1i3.570","DOIUrl":"https://doi.org/10.54536/ajebi.v1i3.570","url":null,"abstract":"The study examined the impact of external debts on economic growth in Nigeria between 1986 and 2019. The specific objectives of this study were to: examine the impact of external debt stock on economic growth in Nigeria; assess the impact of external debt servicing on economic growth in Nigeria and investigate the extent to which external debt interest has impacted on economic growth in Nigeria. It was discovered that debt is synonymous to underdevelopment, poverty, unemployment which has led to low living standard of the people and Nigeria’s huge debt stock has prevented it from embarking on higher domestic investment which would lead to higher growth and development which is a major problem to Nigeria. The findings shows that Nigeria’s economic growth has been adversely but significantly affected by rising external debt servicing and the study recommended that external debt should be effectively utilize for sustainable development and diversification of Nigeria’s economy will reduce the rate of external debt. The study adopted the ex-post facto research design being of secondary nature and was used to test the hypotheses. Descriptive Statistics, Unit Root Test, Co-integration, Auto-regressive Distributive Lag and Error Correction Mechanism estimates, were used to estimate and to test the impact of external debt on economic growth in Nigeria were demonstrated.","PeriodicalId":298661,"journal":{"name":"American Journal of Economics and Business Innovation","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124272964","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}
International Financial Reporting Standard (IFRS) refers to a unique, uniform, simple, and easily understandable accounting standard acceptable and applied across the globe by various firms. It is emerging as a powerful device to bring uniformity to financial reporting by companies at the global level. Due to rapid industrialization and internationalization, the countries opened their avenue to foreign corporations. Therefore, it has been necessitated to have an accounting system that could bring uniformity and acceptability to financial reporting across borders. This review article has explored the present situation of the IFRS in the light of its emergence at the global level. The paper also proposes the model by merging the IFRS constructs with FDI, robust financial information reporting, transparency, and comparability construct by drawing together and developing the scale for measuring quality financial information through International Financial reporting standards based on existing literature. Against this backdrop, the present review paper seeks to highlight different dimensions and the pros and cons of using the International Financial Reporting Standard across borders. The content analysis has been adopted as the methodological framework for the literature review. The result of studies have confirmed that IFRS assimilation will improve transparency, comparability across the spectrum.
{"title":"Adoption of International Financial Reporting Standard: A Literature Review","authors":"Ghani Faiyyaz Abdul, M. Abdullah","doi":"10.54536/ajebi.v1i3.586","DOIUrl":"https://doi.org/10.54536/ajebi.v1i3.586","url":null,"abstract":"International Financial Reporting Standard (IFRS) refers to a unique, uniform, simple, and easily understandable accounting standard acceptable and applied across the globe by various firms. It is emerging as a powerful device to bring uniformity to financial reporting by companies at the global level. Due to rapid industrialization and internationalization, the countries opened their avenue to foreign corporations. Therefore, it has been necessitated to have an accounting system that could bring uniformity and acceptability to financial reporting across borders. This review article has explored the present situation of the IFRS in the light of its emergence at the global level. The paper also proposes the model by merging the IFRS constructs with FDI, robust financial information reporting, transparency, and comparability construct by drawing together and developing the scale for measuring quality financial information through International Financial reporting standards based on existing literature. Against this backdrop, the present review paper seeks to highlight different dimensions and the pros and cons of using the International Financial Reporting Standard across borders. The content analysis has been adopted as the methodological framework for the literature review. The result of studies have confirmed that IFRS assimilation will improve transparency, comparability across the spectrum.","PeriodicalId":298661,"journal":{"name":"American Journal of Economics and Business Innovation","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115881534","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The pursuit of internationalization is an important element for a variety of emerging and transitioning economies in their ongoing reform process, following exhibits of export-led development stories in nations such as China, Singapore, and South Korea. Moreover, firms play a major role in the country’s economy; hence, this study empirically analyzes the impact of export and diversification on the performance of firms in Pakistan. This paper utilizes World Bank enterprise data for Pakistani firms across the whole country for the years 2007 and 2013, it is a panel data comprising 454 firms. The dependent variable for this study is sales per employee that we use as our performance measure and the independent variables are Export in terms of Export intensity and Geographic diversification in terms of an inverse measure named export concentration calculated by the Herfindahl-Hirschman index (HHI). For analysis, this paper utilizes Panel EGLS (estimated generalized least square) and the estimation suggests that exports and diversification both positively and significantly correlated in their respective sample. Nonetheless, there is an endogeneity issue with Panel EGLS and to counter that two-stage Panel EGLS is used with “average days to clear customs” as an instrumental variable (IV). Results show a positive association of exports with firm performance again. However, the diversification variable proved to be exogenous as per the exogeneity bias test, so its IV results are not robust. Thus, the findings indicate that Pakistani firms perform better if they export, thus supporting the learning by exporting hypothesis, in addition to their exports being geographically diversified.
{"title":"The Impact of Export and Diversification on Firm Performance: Evidence from Pakistan","authors":"Abdul Haq Khawaja, M. Shahzad, Raza Sohail","doi":"10.54536/ajebi.v1i3.538","DOIUrl":"https://doi.org/10.54536/ajebi.v1i3.538","url":null,"abstract":"The pursuit of internationalization is an important element for a variety of emerging and transitioning economies in their ongoing reform process, following exhibits of export-led development stories in nations such as China, Singapore, and South Korea. Moreover, firms play a major role in the country’s economy; hence, this study empirically analyzes the impact of export and diversification on the performance of firms in Pakistan. This paper utilizes World Bank enterprise data for Pakistani firms across the whole country for the years 2007 and 2013, it is a panel data comprising 454 firms. The dependent variable for this study is sales per employee that we use as our performance measure and the independent variables are Export in terms of Export intensity and Geographic diversification in terms of an inverse measure named export concentration calculated by the Herfindahl-Hirschman index (HHI). For analysis, this paper utilizes Panel EGLS (estimated generalized least square) and the estimation suggests that exports and diversification both positively and significantly correlated in their respective sample. Nonetheless, there is an endogeneity issue with Panel EGLS and to counter that two-stage Panel EGLS is used with “average days to clear customs” as an instrumental variable (IV). Results show a positive association of exports with firm performance again. However, the diversification variable proved to be exogenous as per the exogeneity bias test, so its IV results are not robust. Thus, the findings indicate that Pakistani firms perform better if they export, thus supporting the learning by exporting hypothesis, in addition to their exports being geographically diversified.","PeriodicalId":298661,"journal":{"name":"American Journal of Economics and Business Innovation","volume":"72 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115706905","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}
Kong Lingkai, Shu Runyang, Lu Hao, Xiong Qiaozhi, Wu Peng, Xue Rui
This article examines a possible Chinese semiconductor industry’s merger and acquisition in 2017, the year before the Sino-US trade war and US high-tech sanctions against China. The feasibility of a merger between Tsinghua Unigroup and Taiwan Semiconductor Manufacturing Company is thoroughly examined as well as their development history and the current financial standing. The financial data collected form the two companies’ annual report was analyzed using multiple corporate valuating models. We discovered that the industrial policy and financial reports in 2017 favored the merger, but the combination ultimately collapsed, which was quite a pity for Chinese chip sector. The research contributes to an in-depth comprehension of China’s semiconductor business and serves as a model for future financial analyses of comparable sectors.
{"title":"The Fleeting Possibility of Merging the World’s Largest Chip Manufacturer in 2017: The Pain of Chinese Chip Industry","authors":"Kong Lingkai, Shu Runyang, Lu Hao, Xiong Qiaozhi, Wu Peng, Xue Rui","doi":"10.54536/ajebi.v1i3.561","DOIUrl":"https://doi.org/10.54536/ajebi.v1i3.561","url":null,"abstract":"This article examines a possible Chinese semiconductor industry’s merger and acquisition in 2017, the year before the Sino-US trade war and US high-tech sanctions against China. The feasibility of a merger between Tsinghua Unigroup and Taiwan Semiconductor Manufacturing Company is thoroughly examined as well as their development history and the current financial standing. The financial data collected form the two companies’ annual report was analyzed using multiple corporate valuating models. We discovered that the industrial policy and financial reports in 2017 favored the merger, but the combination ultimately collapsed, which was quite a pity for Chinese chip sector. The research contributes to an in-depth comprehension of China’s semiconductor business and serves as a model for future financial analyses of comparable sectors.","PeriodicalId":298661,"journal":{"name":"American Journal of Economics and Business Innovation","volume":"20 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129328046","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study explored employees’ involvement in decision making and organizational effectiveness of manufacturing firms. The cross-sectional survey research design was employed. Data were elicited from the middle and lower level employees of manufacturing firms registered under the Manufacturing Association of Nigeria (M.A.N.), Edo/Delta Chapter retrieved as at 31st October, 2021. For the purpose of the research, ten firms were selected with a total staff population of 1,839. Taro Yamane’s formula was used in arriving at a sample of 329 employees and 216 responses retrieved were analyzed using the simple percentage, mean statistics, and hypotheses tested with linear regression after multicollinearity test and correlation matrix revealed no collinearity problem. Results of hypotheses tested showed that employees’ involvement in decision making has significant effect on organizational productivity, organizational adaptability, and organizational flexibility. Accordingly, the study recommended that the top management level of manufacturing firms should see the need to constantly involve the middle and lower level employees in their decision making processes whether directly or through advisory participation, to continually gain more effectiveness.
{"title":"Emerging Paradigm of Employees’ Involvement in Decision Making and Organizational Effectiveness: Further Evidence from Nigerian Manufacturing Firms","authors":"H. Osazevbaru, Peter Egwainiovo Amawhe","doi":"10.54536/ajebi.v1i3.374","DOIUrl":"https://doi.org/10.54536/ajebi.v1i3.374","url":null,"abstract":"This study explored employees’ involvement in decision making and organizational effectiveness of manufacturing firms. The cross-sectional survey research design was employed. Data were elicited from the middle and lower level employees of manufacturing firms registered under the Manufacturing Association of Nigeria (M.A.N.), Edo/Delta Chapter retrieved as at 31st October, 2021. For the purpose of the research, ten firms were selected with a total staff population of 1,839. Taro Yamane’s formula was used in arriving at a sample of 329 employees and 216 responses retrieved were analyzed using the simple percentage, mean statistics, and hypotheses tested with linear regression after multicollinearity test and correlation matrix revealed no collinearity problem. Results of hypotheses tested showed that employees’ involvement in decision making has significant effect on organizational productivity, organizational adaptability, and organizational flexibility. Accordingly, the study recommended that the top management level of manufacturing firms should see the need to constantly involve the middle and lower level employees in their decision making processes whether directly or through advisory participation, to continually gain more effectiveness.","PeriodicalId":298661,"journal":{"name":"American Journal of Economics and Business Innovation","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127760159","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}
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