Pub Date : 2023-08-31DOI: 10.47363/jesmr/2023(4)185
Seyed Kamal Mousavi Balgehshiri, Bahman Zohuri
The world is going towards a net-zero emissions future, and this transition is expected to have a significant impact on the global economy. The shift towards low-carbon sources and the reduction of greenhouse gas emissions will bring about changes in the way we produce, distribute, and consume energy, as well as in the way we conduct business and trade with other countries. One of the most significant impacts of the energy transition will be on the industries which work with fossil fuels. On the other hand, the renewable energy and nuclear sector is expected to grow rapidly, creating new jobs and opportunities for investment. transition to a net zero energy system by 2050 should be ensuring stable and affordable energy supplies, provide universal energy access, and enable robust economic growth. this transition should set out a cost-effective and economically productive pathway, resulting in a clean, dynamic, and resilient energy economy dominated by clean energy resources such as solar, wind, and nuclear instead of fossil fuels. To achieve net-zero emissions countries will require cooperation on issues such as technology transfer, financing, and policy development. The Paris Agreement, signed by 196 countries in 2015, provides a framework for this cooperation and sets a goal of limiting global warming to well below 2 degrees Celsius above pre-industrial levels. In this article, we will investigate which disruptive events and crises could endanger the security of supply and what long-term and cost-effective transformation strategies for transition to net-zero emissions can be imagined. and also, what are the key drivers in this transition
{"title":"The Impact of Energy Transition to Net-Zero Emissions on The World Economy and Global Strategies","authors":"Seyed Kamal Mousavi Balgehshiri, Bahman Zohuri","doi":"10.47363/jesmr/2023(4)185","DOIUrl":"https://doi.org/10.47363/jesmr/2023(4)185","url":null,"abstract":"The world is going towards a net-zero emissions future, and this transition is expected to have a significant impact on the global economy. The shift towards low-carbon sources and the reduction of greenhouse gas emissions will bring about changes in the way we produce, distribute, and consume energy, as well as in the way we conduct business and trade with other countries. One of the most significant impacts of the energy transition will be on the industries which work with fossil fuels. On the other hand, the renewable energy and nuclear sector is expected to grow rapidly, creating new jobs and opportunities for investment. transition to a net zero energy system by 2050 should be ensuring stable and affordable energy supplies, provide universal energy access, and enable robust economic growth. this transition should set out a cost-effective and economically productive pathway, resulting in a clean, dynamic, and resilient energy economy dominated by clean energy resources such as solar, wind, and nuclear instead of fossil fuels. To achieve net-zero emissions countries will require cooperation on issues such as technology transfer, financing, and policy development. The Paris Agreement, signed by 196 countries in 2015, provides a framework for this cooperation and sets a goal of limiting global warming to well below 2 degrees Celsius above pre-industrial levels. In this article, we will investigate which disruptive events and crises could endanger the security of supply and what long-term and cost-effective transformation strategies for transition to net-zero emissions can be imagined. and also, what are the key drivers in this transition","PeriodicalId":309331,"journal":{"name":"Journal of Economics & Management Research","volume":"48 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131025229","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 : 2023-08-31DOI: 10.47363/jesmr/2023(4)188
R. Hasan
Purpose: This study aimed to investigate the relationship between Green Human Resource Management (GHRM) practices and employee green behavior(EGB). Specifically, it examined the influence of GHRM practices on both task-related and voluntary green behaviors of prospective employees, while also exploring the mediating role of psychological green climate perception.
{"title":"How can Employers be Encouraged to Practise Green Behaviour by Green Human Resource Management Techniques? Bangladeshi Student perceptions of Themselves as Potential Employees","authors":"R. Hasan","doi":"10.47363/jesmr/2023(4)188","DOIUrl":"https://doi.org/10.47363/jesmr/2023(4)188","url":null,"abstract":"Purpose: This study aimed to investigate the relationship between Green Human Resource Management (GHRM) practices and employee green behavior(EGB). Specifically, it examined the influence of GHRM practices on both task-related and voluntary green behaviors of prospective employees, while also exploring the mediating role of psychological green climate perception.","PeriodicalId":309331,"journal":{"name":"Journal of Economics & Management Research","volume":"64 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130077554","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 : 2023-08-31DOI: 10.47363/jesmr/2023(4)184
Markus Selg, Yohanan Shachmurove
This book discusses the digital transformation of auditing and its impacts on internal audits. It poses the question of whether digitalization significantly impacts internal audit practices and methodologies, information technology/information system audit, IT governance, and risk management. Internal audit, particularly IT audit, addresses corporate strategy and alignment, corporate governance, IT governance, agility, risk management, and compliance
{"title":"The Digital Transformation of Auditing and the Evolution of the Internal Audit","authors":"Markus Selg, Yohanan Shachmurove","doi":"10.47363/jesmr/2023(4)184","DOIUrl":"https://doi.org/10.47363/jesmr/2023(4)184","url":null,"abstract":"This book discusses the digital transformation of auditing and its impacts on internal audits. It poses the question of whether digitalization significantly impacts internal audit practices and methodologies, information technology/information system audit, IT governance, and risk management. Internal audit, particularly IT audit, addresses corporate strategy and alignment, corporate governance, IT governance, agility, risk management, and compliance","PeriodicalId":309331,"journal":{"name":"Journal of Economics & Management Research","volume":"145 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128234585","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 : 2023-08-31DOI: 10.47363/jesmr/2023(4)189
Rahman Ma
Purpose: This study investigates the relationship between the green market, green entrepreneurship, and sustainable development. The purpose of the research is to explore how the emergence of the green market influences green entrepreneurship and contributes to sustainable development. The study aims to provide valuable insights for policymakers, entrepreneurs, and stakeholders interested in promoting sustainability
{"title":"The Effect of Emerging Green Market on Green Entrepreneurship and Sustainable Development: A Study on Bangladeshi Companies","authors":"Rahman Ma","doi":"10.47363/jesmr/2023(4)189","DOIUrl":"https://doi.org/10.47363/jesmr/2023(4)189","url":null,"abstract":"Purpose: This study investigates the relationship between the green market, green entrepreneurship, and sustainable development. The purpose of the research is to explore how the emergence of the green market influences green entrepreneurship and contributes to sustainable development. The study aims to provide valuable insights for policymakers, entrepreneurs, and stakeholders interested in promoting sustainability","PeriodicalId":309331,"journal":{"name":"Journal of Economics & Management Research","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126516393","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 : 2023-06-30DOI: 10.47363/jesmr/2023(4)182
Silva Opuala Charles, Onyeka Chiedu, J. Orji
The continuous gulp of scarce Federal Government resources in Nigeria is worrisome, as significant proportion of NNPC oil generated revenue is absorbed in the form of oil subsidy payments while, abandoning a 450 thousand refining capacity project for importation of refined petroleum products. Hence the study into Subsidy Management: The Role of Government Refineries’ Commercialization using The NLNG model. Techniques of Autoregressive Distributed Lag was deployed to examine Oil price subsidy payment(OPSP) on corporate governance quality(CGQ), economic value added proxy of NLNG dividend payment to NNPC (Dv-NLNG); while controlling for institutional quality(ISQ),external reserves (ER) and output per capita (GDPPC).The estimate result revealed that lagged value of OPSP showed that continued disbursement of subsidy payments from Nigerian Federation Account results in promotion of subsidy regime without recourse to refineries rehabilitation. Corporate governance quality exhibited an inverse relationship with oil price subsidy payments. The weak corporate governance of NNPC pave way for harsh consequences of subsidy payments and unattended issues of moribund refineries in Nigeria. Dividend received from NLNG accounts for 53 per cent, on average, to subsidy payments and empowering refinery rehabilitation. Controlling for stochastic effects of Institutional quality on subsidy management as well as capacity to revamp refineries. The finding result revealed that, weak regulatory power and lack of policy transparency hampers refineries rehabilitation, and encourages continuation of subsidy regime in spite of the allegation of corruptions. It was recommended that, the PIA should be revisited with clauses with respect to the Board of the NNPC Limited, limiting the power and discretion of the President to appoint members of the board. In this way, the firm may be completely separate from any outside influence or financial ties, allowing it to follow the guidelines of good corporate governance
{"title":"Subsidy Management: The Role of Government Refineries’ Commercialisation Using the NLNG Model","authors":"Silva Opuala Charles, Onyeka Chiedu, J. Orji","doi":"10.47363/jesmr/2023(4)182","DOIUrl":"https://doi.org/10.47363/jesmr/2023(4)182","url":null,"abstract":"The continuous gulp of scarce Federal Government resources in Nigeria is worrisome, as significant proportion of NNPC oil generated revenue is absorbed in the form of oil subsidy payments while, abandoning a 450 thousand refining capacity project for importation of refined petroleum products. Hence the study into Subsidy Management: The Role of Government Refineries’ Commercialization using The NLNG model. Techniques of Autoregressive Distributed Lag was deployed to examine Oil price subsidy payment(OPSP) on corporate governance quality(CGQ), economic value added proxy of NLNG dividend payment to NNPC (Dv-NLNG); while controlling for institutional quality(ISQ),external reserves (ER) and output per capita (GDPPC).The estimate result revealed that lagged value of OPSP showed that continued disbursement of subsidy payments from Nigerian Federation Account results in promotion of subsidy regime without recourse to refineries rehabilitation. Corporate governance quality exhibited an inverse relationship with oil price subsidy payments. The weak corporate governance of NNPC pave way for harsh consequences of subsidy payments and unattended issues of moribund refineries in Nigeria. Dividend received from NLNG accounts for 53 per cent, on average, to subsidy payments and empowering refinery rehabilitation. Controlling for stochastic effects of Institutional quality on subsidy management as well as capacity to revamp refineries. The finding result revealed that, weak regulatory power and lack of policy transparency hampers refineries rehabilitation, and encourages continuation of subsidy regime in spite of the allegation of corruptions. It was recommended that, the PIA should be revisited with clauses with respect to the Board of the NNPC Limited, limiting the power and discretion of the President to appoint members of the board. In this way, the firm may be completely separate from any outside influence or financial ties, allowing it to follow the guidelines of good corporate governance","PeriodicalId":309331,"journal":{"name":"Journal of Economics & Management Research","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130093828","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 : 2023-06-30DOI: 10.47363/jesmr/2023(4)180
Silva Opuala Charles, Lolo BOMA-ORAWARI, Mina Elsie L Udom, Nwaguru Peter Ozoemena, Increase I Boma-Orawari
Dangote Cement Company is the leading cement manufacturing company in sub-Sahara Africa with a combined production capacity of 51.6MTA from its factories in ten countries of Africa. In 2000, the company made a strategic and ambitious decision to transit into a fully-fledged integrated manufacturing operation through the acquisition of Benue Cement Company and Obajana Cement in Kogi State. This was in response to bridge the infrastructure deficits in Nigeria and Sub-Saharan Africa, which necessitated increased demand for cement for construction and other infrastructural activities. Dangcem has leveraged on the economies of scale to offer quality products at competitive prices, dominating the market share of the product in Nigeria and sub-Saharan Africa which stood at 60.3% as at FY 2021. The company has achieved 13% in growth and 18% in revenue. The financial performance of Dangote Cement for the period under review confirms a strong and resilient performance based on superior performance and transparency as a publicly quoted company. This was achieved by optimizing existing assets and lowering cost to bring about increased output. The strategic implementation of these factors has positively impacted the financial performance of the company. This paper also made far reaching valuation and financial projections based on the historical data of the previous 5 years. Dangcem Group Revenue increased by 9.1% while administrative and selling cost rose by 22%. All these figures prove that the company is still at growth stage in her business cycle, and the various indices of growth and sustainability are in good stead
{"title":"Entrepreneurial Financial Analysis of Dangote Cement: Current Performance and Future Projections","authors":"Silva Opuala Charles, Lolo BOMA-ORAWARI, Mina Elsie L Udom, Nwaguru Peter Ozoemena, Increase I Boma-Orawari","doi":"10.47363/jesmr/2023(4)180","DOIUrl":"https://doi.org/10.47363/jesmr/2023(4)180","url":null,"abstract":"Dangote Cement Company is the leading cement manufacturing company in sub-Sahara Africa with a combined production capacity of 51.6MTA from its factories in ten countries of Africa. In 2000, the company made a strategic and ambitious decision to transit into a fully-fledged integrated manufacturing operation through the acquisition of Benue Cement Company and Obajana Cement in Kogi State. This was in response to bridge the infrastructure deficits in Nigeria and Sub-Saharan Africa, which necessitated increased demand for cement for construction and other infrastructural activities. Dangcem has leveraged on the economies of scale to offer quality products at competitive prices, dominating the market share of the product in Nigeria and sub-Saharan Africa which stood at 60.3% as at FY 2021. The company has achieved 13% in growth and 18% in revenue. The financial performance of Dangote Cement for the period under review confirms a strong and resilient performance based on superior performance and transparency as a publicly quoted company. This was achieved by optimizing existing assets and lowering cost to bring about increased output. The strategic implementation of these factors has positively impacted the financial performance of the company. This paper also made far reaching valuation and financial projections based on the historical data of the previous 5 years. Dangcem Group Revenue increased by 9.1% while administrative and selling cost rose by 22%. All these figures prove that the company is still at growth stage in her business cycle, and the various indices of growth and sustainability are in good stead","PeriodicalId":309331,"journal":{"name":"Journal of Economics & Management Research","volume":"783 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123896860","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 : 2023-06-30DOI: 10.47363/jesmr/2023(4)179
Renger Fabian, Czirfusz Attila
Introduction: Transaction costs in forms of medical care is a new perspective in health science. Healthcare Management itself seems to get a new role of importance in these days. Objectives and research findings: In an increasingly competitive environment, cost optimisations need to be the focus of science and practice. Especially in the field of healthcare. Without the money of the insurances most people would not be able to get medical care in Germany. Core work concepts: The development of a convincing typology as a new approach in this field of expertise. Transaction costs play a big role in this context. Methodology: Developing a typology and defining types without losing sight of the specific features of forms of medical care is tried and within this the using of typology development. Outcome: The formation of three different informative types of transaction costs is achieved with this paper and it generates new areas for researchers additionally. Summary: Knowledge of the three types of transaction costs is helpful for theory and practice in the upcoming field of health care science
{"title":"Types of Transaction Costs in Forms of Medical Care in Germany: Development of a Typology","authors":"Renger Fabian, Czirfusz Attila","doi":"10.47363/jesmr/2023(4)179","DOIUrl":"https://doi.org/10.47363/jesmr/2023(4)179","url":null,"abstract":"Introduction: Transaction costs in forms of medical care is a new perspective in health science. Healthcare Management itself seems to get a new role of importance in these days. Objectives and research findings: In an increasingly competitive environment, cost optimisations need to be the focus of science and practice. Especially in the field of healthcare. Without the money of the insurances most people would not be able to get medical care in Germany. Core work concepts: The development of a convincing typology as a new approach in this field of expertise. Transaction costs play a big role in this context. Methodology: Developing a typology and defining types without losing sight of the specific features of forms of medical care is tried and within this the using of typology development. Outcome: The formation of three different informative types of transaction costs is achieved with this paper and it generates new areas for researchers additionally. Summary: Knowledge of the three types of transaction costs is helpful for theory and practice in the upcoming field of health care science","PeriodicalId":309331,"journal":{"name":"Journal of Economics & Management Research","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131617624","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}
Morocco has made many achievements over the past two decades in an effort to anchor good governance and transparency. The Government is committed to consolidating and intensifying the efforts made to achieve a qualitative leap in terms of governance and transparency, which is commensurate with the challenges of the 2011 Constitution, which meets the expectations of the Moroccan citizen, which improves the return on the efforts made and which ensures a better distribution of the benefits of the country’s development. This has been implemented during this mandate, through the deployment of the National Anti-Corruption Strategy, the strengthening of transparency, administrative deconcentration, the simplification of procedures as well as digitalization, which are powerful tools for both administrative reform and economic recovery
{"title":"Strengthening Governance and Administrative Reform in Morocco","authors":"Naimi Jamal Eddine, Naimi Abdelmourhit, Ez-Zarouki Mohamed","doi":"10.47363/jesmr/2023(4)181","DOIUrl":"https://doi.org/10.47363/jesmr/2023(4)181","url":null,"abstract":"Morocco has made many achievements over the past two decades in an effort to anchor good governance and transparency. The Government is committed to consolidating and intensifying the efforts made to achieve a qualitative leap in terms of governance and transparency, which is commensurate with the challenges of the 2011 Constitution, which meets the expectations of the Moroccan citizen, which improves the return on the efforts made and which ensures a better distribution of the benefits of the country’s development. This has been implemented during this mandate, through the deployment of the National Anti-Corruption Strategy, the strengthening of transparency, administrative deconcentration, the simplification of procedures as well as digitalization, which are powerful tools for both administrative reform and economic recovery","PeriodicalId":309331,"journal":{"name":"Journal of Economics & Management Research","volume":" 67","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"120827614","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 : 2023-05-31DOI: 10.47363/jesmr/2023(4)178
R. Boateng, A. A. Boateng, Gloria Aboagye, E. Kumah, P. Adoma, Charles Owusu-Aduomi Botchwey
The lack of consensus in the narrative on issues relating to turnover intention in community health nursing ignites holistic discussions on training motivation and post training turnover intentions as sin quo non, while attempting to address the dearth of knowledge concerning increasing trainee enrolment over the period, yet inadequacies in the availability of community health nurses and potential career diversions in Ghana’s primary healthcare system
{"title":"Training Motivation and Post Training Turnover Intention: Reifying the Narrative in a Community Health Nursing Training Institution in Ghana","authors":"R. Boateng, A. A. Boateng, Gloria Aboagye, E. Kumah, P. Adoma, Charles Owusu-Aduomi Botchwey","doi":"10.47363/jesmr/2023(4)178","DOIUrl":"https://doi.org/10.47363/jesmr/2023(4)178","url":null,"abstract":"The lack of consensus in the narrative on issues relating to turnover intention in community health nursing ignites holistic discussions on training motivation and post training turnover intentions as sin quo non, while attempting to address the dearth of knowledge concerning increasing trainee enrolment over the period, yet inadequacies in the availability of community health nurses and potential career diversions in Ghana’s primary healthcare system","PeriodicalId":309331,"journal":{"name":"Journal of Economics & Management Research","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115120360","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 : 2023-04-30DOI: 10.47363/jesmr/2023(4)174
Oshilike Ijeoma Victoria, Silva Opuala-Charles
The principal purpose of this study was to unravel the effect of ease of doing business on foreign direct investment in Nigerian from 1980 to 2020. To achieve these goals, detailed analysis of ease of doing business on foreign direct investment was carried out. The ARDL and Bounds Testing Approach were used to investigate the long run and short-run relationship between the variables. The result shows that ease of doing business in terms of access to electricity is a significant predictor of foreign direct investment up to the second period lag in the short run and in the long run as well. This implies that more investment is needed in power sector to further enhance energy generation and distribution in the country All other variables, however, seem not to be statistically significant in the long run. Furthermore, we found out that the variables are statistically significant in the short run with the exception of the initial and first period lag of gross domestic product, and the second period lag of access to electricity. The study recommended among others that there should be optimal control of trade through the borders of the economy. In this way, all cross-border economic activities are accounted for. Governments should be intentional about achieving better ease of doing business score and make targeted and reformed policies to this end. One of these ways is by reducing and simplifying procedures involved in registration, setting up a business, tax, licenses, and other matters that borders around businesses.
{"title":"Impact of Ease of Doing Business on Foreign Direct Investment in Nigeria","authors":"Oshilike Ijeoma Victoria, Silva Opuala-Charles","doi":"10.47363/jesmr/2023(4)174","DOIUrl":"https://doi.org/10.47363/jesmr/2023(4)174","url":null,"abstract":"The principal purpose of this study was to unravel the effect of ease of doing business on foreign direct investment in Nigerian from 1980 to 2020. To achieve these goals, detailed analysis of ease of doing business on foreign direct investment was carried out. The ARDL and Bounds Testing Approach were used to investigate the long run and short-run relationship between the variables. The result shows that ease of doing business in terms of access to electricity is a significant predictor of foreign direct investment up to the second period lag in the short run and in the long run as well. This implies that more investment is needed in power sector to further enhance energy generation and distribution in the country All other variables, however, seem not to be statistically significant in the long run. Furthermore, we found out that the variables are statistically significant in the short run with the exception of the initial and first period lag of gross domestic product, and the second period lag of access to electricity. The study recommended among others that there should be optimal control of trade through the borders of the economy. In this way, all cross-border economic activities are accounted for. Governments should be intentional about achieving better ease of doing business score and make targeted and reformed policies to this end. One of these ways is by reducing and simplifying procedures involved in registration, setting up a business, tax, licenses, and other matters that borders around businesses.","PeriodicalId":309331,"journal":{"name":"Journal of Economics & Management Research","volume":"105 12","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133175141","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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