None Ibiama Kenneth Adonye, None Ibiama Victoria Adonye
2019 birthed the Coronavirus endemic in China and in 2020, it became an established pandemic across the world. While supply chain analysts had predicted a disruption to the flow of commodities across all sectors, curiosity and concern led us to study the effect of disruptions such as Covid-19 on the supply chain of essential commodities in Africa precisely Lagos, Nigeria. The two types of data sources utilized were; the primary source and secondary sources of data. The data collected was collated and analysed using 2016 Microsoft excel sheet and Statistical Products and Services Solution (SPSS 25.0.0.0) for data analysis. The interview with pharmaceuticals company representative, suggested hiccups in the distribution of vaccines by a major pharmaceutical company to their respective customers. The Covid-19 situation and the necessary lockdown in Lagos state caused a slight disruption in the availability and distribution of essential commodities across the state, the major issues were the lack of a means of accessing transportation to health care facilities and the increment in the price of medicines. While most pharmaceuticals and health service delivery points were not prepared to curb the impact of the emergency situation. In this regard, pharmaceutical companies should ensure flexibility in supply chain by creating supply chain emergency plans, the government should look into establishing a drug bank for essential commodities in the state, while last mile service deliveries should employ the use of telemedicine and patient home delivery services.
2019年，冠状病毒在中国爆发，到2020年，它已成为全球公认的大流行。虽然供应链分析师曾预测，所有行业的大宗商品流动都会受到干扰，但好奇心和担忧促使我们研究了Covid-19等干扰对非洲(尤其是尼日利亚拉各斯)基本商品供应链的影响。所使用的两种数据源是;数据的主要来源和次要来源。使用2016 Microsoft excel表格和SPSS 25.0.0.0统计产品和服务解决方案对收集的数据进行整理和分析。对制药公司代表的采访表明，一家大型制药公司在向各自客户分发疫苗时出现了问题。2019冠状病毒病疫情和拉各斯州必要的封锁对全州基本商品的供应和分配造成轻微干扰，主要问题是缺乏前往医疗机构的交通工具和药品价格上涨。虽然大多数药品和保健服务提供点没有准备好遏制紧急情况的影响。在这方面，制药公司应通过制定供应链应急计划来确保供应链的灵活性，政府应考虑在该州建立一个基本商品药品银行，而最后一英里服务的提供应采用远程医疗和病人上门服务。
{"title":"Managing the supply chain disruption of essential commodities supply in health care systems during emergency Lagos state, Nigeria","authors":"None Ibiama Kenneth Adonye, None Ibiama Victoria Adonye","doi":"10.26524/jms.13.35","DOIUrl":"https://doi.org/10.26524/jms.13.35","url":null,"abstract":"2019 birthed the Coronavirus endemic in China and in 2020, it became an established pandemic across the world. While supply chain analysts had predicted a disruption to the flow of commodities across all sectors, curiosity and concern led us to study the effect of disruptions such as Covid-19 on the supply chain of essential commodities in Africa precisely Lagos, Nigeria. The two types of data sources utilized were; the primary source and secondary sources of data. The data collected was collated and analysed using 2016 Microsoft excel sheet and Statistical Products and Services Solution (SPSS 25.0.0.0) for data analysis. The interview with pharmaceuticals company representative, suggested hiccups in the distribution of vaccines by a major pharmaceutical company to their respective customers. The Covid-19 situation and the necessary lockdown in Lagos state caused a slight disruption in the availability and distribution of essential commodities across the state, the major issues were the lack of a means of accessing transportation to health care facilities and the increment in the price of medicines. While most pharmaceuticals and health service delivery points were not prepared to curb the impact of the emergency situation. In this regard, pharmaceutical companies should ensure flexibility in supply chain by creating supply chain emergency plans, the government should look into establishing a drug bank for essential commodities in the state, while last mile service deliveries should employ the use of telemedicine and patient home delivery services.","PeriodicalId":37730,"journal":{"name":"Journal of Management Information and Decision Science","volume":"51 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135131252","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}
Project risk measurement is a critical driver of local government project implementation. It aids identification of the level of the effectiveness and maturity of project risk management to bolster the seamless process of local government project implementation. Unfortunately, empirical facts imply local government project risk measurement is not yet well developed to the extent of leveraging successful local government project implementation. As these explain why some local government projects are often marred by risks to only fail as others fail to get completed, this research evaluates the level of local government project risk measurement maturity in the South African local government. To accomplish that, the study used interpretivist research paradigm, exploratory research design and qualitative research method entailing the usage of content analysis. Content analysis was used to evaluate the existing information and data in the local government repositories about the process used for measuring and mitigating local government project risks as well as their associated limitations. Findings that were thematically analysed revealed the effectiveness of the process of risk identification and mitigation is often still marred by poor risk management culture, poor governance and lack of proactive initiatives to identify and mitigate all forms of risks. Failure to proactively identify and mitigate all risks was found to have caused late interventions that affect identification and mitigation of all risks in their early stages. Such risks were found to include poor governance, corruption and fraud that affect optimisation of the limited financial resources as well as supply chain risks, ecological and health and occupational risks. Given the fact that a model for measuring project risk measurement was also found to be a challenge, the study extracted and suggested the local government project risk management maturity measurement model (LoG-PRiMMM-Model) as one of the new insights and contribution of the study that can be replicated for leveraging project risk measurement and mitigation in the contemporary local government sphere
{"title":"Local government project risk management maturity measurement model for leveraging effectiveness of local government project risk management","authors":"None Boniface Okanga","doi":"10.26524/jms.13.23","DOIUrl":"https://doi.org/10.26524/jms.13.23","url":null,"abstract":"Project risk measurement is a critical driver of local government project implementation. It aids identification of the level of the effectiveness and maturity of project risk management to bolster the seamless process of local government project implementation. Unfortunately, empirical facts imply local government project risk measurement is not yet well developed to the extent of leveraging successful local government project implementation. As these explain why some local government projects are often marred by risks to only fail as others fail to get completed, this research evaluates the level of local government project risk measurement maturity in the South African local government. To accomplish that, the study used interpretivist research paradigm, exploratory research design and qualitative research method entailing the usage of content analysis. Content analysis was used to evaluate the existing information and data in the local government repositories about the process used for measuring and mitigating local government project risks as well as their associated limitations. Findings that were thematically analysed revealed the effectiveness of the process of risk identification and mitigation is often still marred by poor risk management culture, poor governance and lack of proactive initiatives to identify and mitigate all forms of risks. Failure to proactively identify and mitigate all risks was found to have caused late interventions that affect identification and mitigation of all risks in their early stages. Such risks were found to include poor governance, corruption and fraud that affect optimisation of the limited financial resources as well as supply chain risks, ecological and health and occupational risks. Given the fact that a model for measuring project risk measurement was also found to be a challenge, the study extracted and suggested the local government project risk management maturity measurement model (LoG-PRiMMM-Model) as one of the new insights and contribution of the study that can be replicated for leveraging project risk measurement and mitigation in the contemporary local government sphere","PeriodicalId":37730,"journal":{"name":"Journal of Management Information and Decision Science","volume":"240 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":"136369943","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}
None Abbas Khodabakhshi, None Baitullah Akbari Moghaddam, None Bijan Bidabad
Economic and monetary policy-making shall benefit from the nominal interest rates and inflation causal relationship for macroeconomic issues. In this paper, by expanding Fisher’s Quantity Theory of Money, we investigate this relationship using the “Smooth Transition Autoregressive” approach for Iran's economy.The results show that when the interest rate rises (particularly when it exceeds the threshold), its positive impact on inflation will increase. Moreover, the effect of a low-interest rate increase does not have a severe effect on price change. It is concluded that interest rate is not a good policy instrument for high inflation dampening, and those policies that diminish money circulation velocity might be more effective for general price level control. Macro-economically, the results show that in the long run, interest rate yield that is paid to the factors of production is practically eliminated by reducing the purchasing power of money due to the price increase in the economy.This might be understood as one of the pearls of wisdom that Almighty God has cited in the Holy Qur'an about the prohibition of usury: "God effaces usury"5 means that Almighty God eliminates the effects of the usury yield increment in the economy.Interest rate, Price, Smooth Transfer Autoregressive Model, Quantity Theory of Money, Irving Fisher.
{"title":"Nonlinear impact of interest rates on price level (smooth transition autoregressive approach)","authors":"None Abbas Khodabakhshi, None Baitullah Akbari Moghaddam, None Bijan Bidabad","doi":"10.26524/jms.13.15","DOIUrl":"https://doi.org/10.26524/jms.13.15","url":null,"abstract":"Economic and monetary policy-making shall benefit from the nominal interest rates and inflation causal relationship for macroeconomic issues. In this paper, by expanding Fisher’s Quantity Theory of Money, we investigate this relationship using the “Smooth Transition Autoregressive” approach for Iran's economy.The results show that when the interest rate rises (particularly when it exceeds the threshold), its positive impact on inflation will increase. Moreover, the effect of a low-interest rate increase does not have a severe effect on price change. It is concluded that interest rate is not a good policy instrument for high inflation dampening, and those policies that diminish money circulation velocity might be more effective for general price level control. Macro-economically, the results show that in the long run, interest rate yield that is paid to the factors of production is practically eliminated by reducing the purchasing power of money due to the price increase in the economy.This might be understood as one of the pearls of wisdom that Almighty God has cited in the Holy Qur'an about the prohibition of usury: \"God effaces usury\"5 means that Almighty God eliminates the effects of the usury yield increment in the economy.Interest rate, Price, Smooth Transfer Autoregressive Model, Quantity Theory of Money, Irving Fisher.","PeriodicalId":37730,"journal":{"name":"Journal of Management Information and Decision Science","volume":"5 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":"136365767","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}
Debly Construction is a local construction and materials company in Saint John. It was started by the Lebanese Brother who were educated in civil engineering- one with a masters in construction materials. No one thought competing with the Irving billionaires was possible in Saint John. The Debly’s proved everyone wrong. The Deby’s are successful and expanding.
{"title":"David and Goliath & lessons learned","authors":"Paul TE Cusack","doi":"10.26524/jms.13.13","DOIUrl":"https://doi.org/10.26524/jms.13.13","url":null,"abstract":"Debly Construction is a local construction and materials company in Saint John. It was started by the Lebanese Brother who were educated in civil engineering- one with a masters in construction materials. No one thought competing with the Irving billionaires was possible in Saint John. The Debly’s proved everyone wrong. The Deby’s are successful and expanding.","PeriodicalId":37730,"journal":{"name":"Journal of Management Information and Decision Science","volume":"40 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77383409","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 performance of athletes is greatly influenced by their diet, as it supplies the essential nutrients and energy needed to sustain their bodies. Meeting the specific nutritional needs of sportspeople is crucial for maintaining their overall physical and mental well-being, as well as supporting their training and competitive objectives. This review paper aims to examine the significance of diet in sports, with a particular focus on the role played by macronutrients, micronutrients, hydration, meal timing, and other relevant factors. By delving into the topic, this research paper investigates the value of a well-balanced diet in sports and its direct impact on athletic performance. Furthermore, it sheds light on the specific types of foods and nutrients that athletes should consume in order to optimize their performance.
{"title":"An investigation into the growing importance of user-generated content within the realm of contemporary digital marketing endeavors","authors":"None Anupkumar Dhore, None Apurva Khobragade, None Toshik Arun Mowade","doi":"10.26524/jms.13.17","DOIUrl":"https://doi.org/10.26524/jms.13.17","url":null,"abstract":"The performance of athletes is greatly influenced by their diet, as it supplies the essential nutrients and energy needed to sustain their bodies. Meeting the specific nutritional needs of sportspeople is crucial for maintaining their overall physical and mental well-being, as well as supporting their training and competitive objectives. This review paper aims to examine the significance of diet in sports, with a particular focus on the role played by macronutrients, micronutrients, hydration, meal timing, and other relevant factors. By delving into the topic, this research paper investigates the value of a well-balanced diet in sports and its direct impact on athletic performance. Furthermore, it sheds light on the specific types of foods and nutrients that athletes should consume in order to optimize their performance.","PeriodicalId":37730,"journal":{"name":"Journal of Management Information and Decision Science","volume":"4 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":"136365535","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 investigates the effects of electronic customer relationship management (ECRM) on the customer retention of deposit money banks (DMBs) in Dutsin-Ma, Nigeria, using responses obtained from 380 customers of the three DMBs operating in the study area. The study adopts a cross-sectional survey research design, a structured questionnaire as a means for data collection and multiple regression techniques as the main method of data analysis with the aid of the statistical package for social sciences (SPSS) version 25. Results confirm that ECRM proxies: pre-transaction, at-transaction and customer feedbacks and complaints management (post-transaction) features of ECRM have a significant and positive effect on the customer retention of DMBs in Dutsin-Ma. The study concludes that the adoption of the ECRM framework has contributed immensely to the improvement of customer experience and, consequently, customer retention in the study area. Thus, pre-transaction, during/at transaction and post-transaction features are important to service marketing strategies for retaining customers. The study, therefore, recommends that DMBs in the study area should upgrade their ECRM platforms to further improve customers' seamless experience to increase customer retention. The study also recommends that banks should make their e-banking platforms more secure, user-friendly and faster.
{"title":"Electronic customer relationship management and customer retention of deposit money banks in Dutsin-Ma, Nigeria","authors":"None Temitope Joseph Oyolola, None Ahmadu Abubakar, None Usman Bello, None Lawal Sani","doi":"10.26524/jms.13.25","DOIUrl":"https://doi.org/10.26524/jms.13.25","url":null,"abstract":"This study investigates the effects of electronic customer relationship management (ECRM) on the customer retention of deposit money banks (DMBs) in Dutsin-Ma, Nigeria, using responses obtained from 380 customers of the three DMBs operating in the study area. The study adopts a cross-sectional survey research design, a structured questionnaire as a means for data collection and multiple regression techniques as the main method of data analysis with the aid of the statistical package for social sciences (SPSS) version 25. Results confirm that ECRM proxies: pre-transaction, at-transaction and customer feedbacks and complaints management (post-transaction) features of ECRM have a significant and positive effect on the customer retention of DMBs in Dutsin-Ma. The study concludes that the adoption of the ECRM framework has contributed immensely to the improvement of customer experience and, consequently, customer retention in the study area. Thus, pre-transaction, during/at transaction and post-transaction features are important to service marketing strategies for retaining customers. The study, therefore, recommends that DMBs in the study area should upgrade their ECRM platforms to further improve customers' seamless experience to increase customer retention. The study also recommends that banks should make their e-banking platforms more secure, user-friendly and faster.","PeriodicalId":37730,"journal":{"name":"Journal of Management Information and Decision Science","volume":"4 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":"136365768","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Purpose: This paper aims to explain a new system of accounting for partnership financing that applies in Rastin Profit and Loss Sharing Banking. In this system, the interest rate is not used in calculations and accounting; and instead, the "time value" of capital based on the amount and duration of the partnership is used. In this part, we will go to the details of removing Riba in instalment payments accounting details.Design: Rastin Partnership Accounting principles have been founded on off-balance-sheet items and on the basis of the institutions' obligations to the depositors and receivers of financial resources, and they are in compliance with the nature of the intermediary financial activity (a partnership of depositor in the yields of the fund receiver via the bank).Findings: The distribution of profit among stakeholders (including workforce and capital owners) is accomplished according to the share of each beneficiary in the created value added. In this regard,Euler's theorem, as the best mathematical-economic innovation for the distribution of income, is applied.Research limitations: This system is novel, and it is required to be more elaborated for further practical development and adjustment.Practical implications: In this accounting system, the return of the partnership is distributed among sharers based on the amount and duration of their partnership. The penalty for delay in payment is calculated from the amount of the incurred loss due to negligence or blameworthy of the undertaker and not upon a penalty interest rate.Social implications: Interest rate as an essential factor in conventional accounting is not usable in Islamic banking and other similar institutions that work based on partnership, such as mutual funds and saving and loan associations. The proposed system removes this shortage and is fairer than conventional accounting.Originality/value: The approach of this accounting system is fully different from conventional accounting because of the intrinsic characteristics of the intermediary role of financial partnership institutions and Islamic banks.
{"title":"Rastin partnership accounting part III: Instalment Financial Sharing (IFS)","authors":"None Bijan Bidabad","doi":"10.26524/jms.13.16","DOIUrl":"https://doi.org/10.26524/jms.13.16","url":null,"abstract":"Purpose: This paper aims to explain a new system of accounting for partnership financing that applies in Rastin Profit and Loss Sharing Banking. In this system, the interest rate is not used in calculations and accounting; and instead, the \"time value\" of capital based on the amount and duration of the partnership is used. In this part, we will go to the details of removing Riba in instalment payments accounting details.Design: Rastin Partnership Accounting principles have been founded on off-balance-sheet items and on the basis of the institutions' obligations to the depositors and receivers of financial resources, and they are in compliance with the nature of the intermediary financial activity (a partnership of depositor in the yields of the fund receiver via the bank).Findings: The distribution of profit among stakeholders (including workforce and capital owners) is accomplished according to the share of each beneficiary in the created value added. In this regard,Euler's theorem, as the best mathematical-economic innovation for the distribution of income, is applied.Research limitations: This system is novel, and it is required to be more elaborated for further practical development and adjustment.Practical implications: In this accounting system, the return of the partnership is distributed among sharers based on the amount and duration of their partnership. The penalty for delay in payment is calculated from the amount of the incurred loss due to negligence or blameworthy of the undertaker and not upon a penalty interest rate.Social implications: Interest rate as an essential factor in conventional accounting is not usable in Islamic banking and other similar institutions that work based on partnership, such as mutual funds and saving and loan associations. The proposed system removes this shortage and is fairer than conventional accounting.Originality/value: The approach of this accounting system is fully different from conventional accounting because of the intrinsic characteristics of the intermediary role of financial partnership institutions and Islamic banks.","PeriodicalId":37730,"journal":{"name":"Journal of Management Information and Decision Science","volume":"29 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":"136369944","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}
F-tests are a ratio of variances. F-tests are utilized in comparison of two variances, Analysis of Variance (ANOVA), and multiple regression. On the other hand, P-values depict the extent to which data fit in the design projected by the hypothesis so that P-value test all the assumptions contained on how the data was produced. This article offers a synopsis of what exactly is F-test and P-values, and their usage.
{"title":"F-test and P-values: A synopsis","authors":"None Robert Odek, None Gordon Opuodho","doi":"10.26524/jms.13.22","DOIUrl":"https://doi.org/10.26524/jms.13.22","url":null,"abstract":"F-tests are a ratio of variances. F-tests are utilized in comparison of two variances, Analysis of Variance (ANOVA), and multiple regression. On the other hand, P-values depict the extent to which data fit in the design projected by the hypothesis so that P-value test all the assumptions contained on how the data was produced. This article offers a synopsis of what exactly is F-test and P-values, and their usage.","PeriodicalId":37730,"journal":{"name":"Journal of Management Information and Decision Science","volume":"3 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":"136365356","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}
In reallocating resources from the fund surplus unit to the fund deficit unit, financial markets face some interference which is referred to as financial market frictions. The study examines the micro and macro aspects of the effects of financial markets frictions on portfolio investments decisions and performance of financial market participants (individual firms and the entire economy). The study employs secondary data collected from firms annual reports and accounts and the World Bank data bank for national economic data. The firm level data covers a period of five years while the macro level data covers a period of seven (11) years. The study used EView 8.0 for generating the estimation results for the study. The study uses panel least square and two stage least square estimation techniques for the analysis of the data and to test the hypotheses. The study find, amongst other findings, that financial markets frictions and changes in financial market frictions across specific financial markets significantly affect investor’s portfolio decision and performance at the firm level and national economies. The study concludes that financial market frictions affect both portfolio investment decisions and portfolio investment performance in all financial markets and that exchange rate cheanges and changes in other financial markets frictions result in significant changes in investor’s decisions and performance across the globe. The study also concludes that the portfolio constituent of an investor changes with regards to changes in financial frictions. That portfolio investment decisions in all financial markets are significantly influenced by financial markets frictions at varying degrees and magnitudes and that these frictions changes frequently in financial markets. The study recommends, amongst other recommendations, that investors should give considerable attention to minimizing varied financial markets frictions that affect their investment decisions and the performance of their investment portfolio.
{"title":"Financial market frictions and portfolio investment performance in Nigeria","authors":"None Osayi Valentine Igbinedion, None Kasimu Abudu","doi":"10.26524/jms.13.20","DOIUrl":"https://doi.org/10.26524/jms.13.20","url":null,"abstract":"In reallocating resources from the fund surplus unit to the fund deficit unit, financial markets face some interference which is referred to as financial market frictions. The study examines the micro and macro aspects of the effects of financial markets frictions on portfolio investments decisions and performance of financial market participants (individual firms and the entire economy). The study employs secondary data collected from firms annual reports and accounts and the World Bank data bank for national economic data. The firm level data covers a period of five years while the macro level data covers a period of seven (11) years. The study used EView 8.0 for generating the estimation results for the study. The study uses panel least square and two stage least square estimation techniques for the analysis of the data and to test the hypotheses. The study find, amongst other findings, that financial markets frictions and changes in financial market frictions across specific financial markets significantly affect investor’s portfolio decision and performance at the firm level and national economies. The study concludes that financial market frictions affect both portfolio investment decisions and portfolio investment performance in all financial markets and that exchange rate cheanges and changes in other financial markets frictions result in significant changes in investor’s decisions and performance across the globe. The study also concludes that the portfolio constituent of an investor changes with regards to changes in financial frictions. That portfolio investment decisions in all financial markets are significantly influenced by financial markets frictions at varying degrees and magnitudes and that these frictions changes frequently in financial markets. The study recommends, amongst other recommendations, that investors should give considerable attention to minimizing varied financial markets frictions that affect their investment decisions and the performance of their investment portfolio.","PeriodicalId":37730,"journal":{"name":"Journal of Management Information and Decision Science","volume":"334 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":"136365358","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}
Today, in the world of competition, it is necessary for organizations to formulate structured management plans to operate in these conditions. One of the most important issues that can be investigated in depth can make organizations successful in the field of competition, the issue of supply chain management. A new point of view is a financial point of view. Therefore, in the current research, the aim is to provide a solution to improve the performance of the sustainable supply chain by identifying the financial components affecting it. In this way, using the soft systems methodology, approach, the problem of unstructured sustainable supply chain management from the financial point of view is expressed, and then by analyzing it, the image of different players of the drawing system and their root definition is raised. In the following, a conceptual model of activities is presented using the root definition and then the model is compared with the real world. Finally, the desired changes to improve and develop the actual system are identified and programs implemented to improve the performance and increase the profitability of the supply chain management system. Finally, the financial, monetary, sustainability and risk dimensions were identified as the four main factors affecting the sustainable supply chain. The results of this study will be effective for designing improvement patterns in sustainable supply chain management.
{"title":"Providing a solution to improve the performance of the sustainable supply chain by identifying the financial components affecting it (SSM or Soft Systems Methodology)","authors":"None Fatemeh Aminnaseri, None Mohammad Taleghani","doi":"10.26524/jms.13.26","DOIUrl":"https://doi.org/10.26524/jms.13.26","url":null,"abstract":"Today, in the world of competition, it is necessary for organizations to formulate structured management plans to operate in these conditions. One of the most important issues that can be investigated in depth can make organizations successful in the field of competition, the issue of supply chain management. A new point of view is a financial point of view. Therefore, in the current research, the aim is to provide a solution to improve the performance of the sustainable supply chain by identifying the financial components affecting it. In this way, using the soft systems methodology, approach, the problem of unstructured sustainable supply chain management from the financial point of view is expressed, and then by analyzing it, the image of different players of the drawing system and their root definition is raised. In the following, a conceptual model of activities is presented using the root definition and then the model is compared with the real world. Finally, the desired changes to improve and develop the actual system are identified and programs implemented to improve the performance and increase the profitability of the supply chain management system. Finally, the financial, monetary, sustainability and risk dimensions were identified as the four main factors affecting the sustainable supply chain. The results of this study will be effective for designing improvement patterns in sustainable supply chain management.","PeriodicalId":37730,"journal":{"name":"Journal of Management Information and Decision Science","volume":"26 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":"136365544","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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