Employee performance among the employees has been found as a fundamental element influencing the workplace conflict of the organisation. The purpose of this study was to examine the Impact of Workplace Conflict on Employees’ Performance in Commercial Banks of Nepal. The variables included in the study were the relationship conflict, task conflict, and process conflict were independent variable and employee performance was dependent variable. A survey research design using questionnaire method on 5-point Likert scale was used to collect. The study was conducted with the sample size of 170 and the data were analysed through the use of descriptive statistics, correlation, regression, t-test and multi-collinearity test using SPSS software. The findings of the study have a R square value of 0.626 meaning that 62.6% of the variation in the dependent variable is explained by the independent variables while 37.4% is explained by other variables outside the model and also showed that there is a strong positive correlation between the dependent variable and the set of independent variables. The result showed that there is significant impact of RC, TC, PC on EP.
{"title":"Impact of Workplace Conflict on Employees’ Performance in Commercial Banks of Nepal","authors":"Arbind Shrestha, Balgopal Singh","doi":"10.3126/jem.v3i1.59180","DOIUrl":"https://doi.org/10.3126/jem.v3i1.59180","url":null,"abstract":"Employee performance among the employees has been found as a fundamental element influencing the workplace conflict of the organisation. The purpose of this study was to examine the Impact of Workplace Conflict on Employees’ Performance in Commercial Banks of Nepal. The variables included in the study were the relationship conflict, task conflict, and process conflict were independent variable and employee performance was dependent variable. A survey research design using questionnaire method on 5-point Likert scale was used to collect. The study was conducted with the sample size of 170 and the data were analysed through the use of descriptive statistics, correlation, regression, t-test and multi-collinearity test using SPSS software. The findings of the study have a R square value of 0.626 meaning that 62.6% of the variation in the dependent variable is explained by the independent variables while 37.4% is explained by other variables outside the model and also showed that there is a strong positive correlation between the dependent variable and the set of independent variables. The result showed that there is significant impact of RC, TC, PC on EP.","PeriodicalId":40031,"journal":{"name":"International Journal of Economics and Management","volume":"20 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136352410","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 aimed to examine the impact of communication on the employee performance of Pharmaceutical Companies in Nepal. The variables included in the study are independent variables of communication, i.e., oral communication, written communication & non-verbal communication, with employee performance as a dependent variable. A descriptive and analytical research design using a questionnaire method on a 5-point Likert scale was used to collect and analyze the data. The study was conducted with a sample size of 115 employees of pharmaceutical companies in Nepal. The data were analyzed using descriptive statistics, correlation, multiple regression analysis, and t-test using SPSS software. The finding of this study provides empirical evidence to the management to ensure effective oral, written & non-verbal communication in the pharmaceutical companies in Nepal. The results of the study showed that only oral communication significantly impacts employee performance, and both written and non-verbal communication have an insignificant impact on employee performance of pharmaceutical companies of Nepal.
{"title":"Impact of Communication on Employee Performance of Pharmaceutical Companies in Nepal","authors":"Namita Thapa","doi":"10.3126/jem.v3i1.59199","DOIUrl":"https://doi.org/10.3126/jem.v3i1.59199","url":null,"abstract":"This study aimed to examine the impact of communication on the employee performance of Pharmaceutical Companies in Nepal. The variables included in the study are independent variables of communication, i.e., oral communication, written communication & non-verbal communication, with employee performance as a dependent variable. A descriptive and analytical research design using a questionnaire method on a 5-point Likert scale was used to collect and analyze the data. The study was conducted with a sample size of 115 employees of pharmaceutical companies in Nepal. The data were analyzed using descriptive statistics, correlation, multiple regression analysis, and t-test using SPSS software. The finding of this study provides empirical evidence to the management to ensure effective oral, written & non-verbal communication in the pharmaceutical companies in Nepal. The results of the study showed that only oral communication significantly impacts employee performance, and both written and non-verbal communication have an insignificant impact on employee performance of pharmaceutical companies of Nepal.","PeriodicalId":40031,"journal":{"name":"International Journal of Economics and Management","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136353376","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}
These studies investigate the Impact of capital structure and the Profitability of Dabur Nepal Private Limited. Data analysis was complete using descriptive statistics, Pearson correlation, regression analysis, and t-test. The secondary data used to analyze one (1) sample size, out of ten which, has been found to be covering the period 2013-2022 of private multinational manufacturing companies in Nepal. The capital structure represents the variables of the Debt - Equity Ratio (DER), Debt to Capital Ratio (DCR), Debt to Total Assets Ratio (DTAR), Equity to Total Assets Ratio (ETAR), Short-term Liability to Total Assets ratio (SLTAR) and the profitability including Return on Assets (ROA). The findings of the study have a R square value of 0.537, meaning that 53.7% of the variation in the dependent variable is explained by the independent variables while 46.3% is explained by other variables outside the model and also showed that there is a lower positive correlation between the dependent variable and the set of independent variables. The result showed that there is an insignificant impact of DER, DCR, DTA, ETA, and SLTA on ROE of Dabur Nepal Pvt. Ltd.
{"title":"Impact of Capital Structure on Profitability of Dabur Nepal Private Limited","authors":"Sanjay Shrestha","doi":"10.3126/jem.v3i1.59185","DOIUrl":"https://doi.org/10.3126/jem.v3i1.59185","url":null,"abstract":"These studies investigate the Impact of capital structure and the Profitability of Dabur Nepal Private Limited. Data analysis was complete using descriptive statistics, Pearson correlation, regression analysis, and t-test. The secondary data used to analyze one (1) sample size, out of ten which, has been found to be covering the period 2013-2022 of private multinational manufacturing companies in Nepal. The capital structure represents the variables of the Debt - Equity Ratio (DER), Debt to Capital Ratio (DCR), Debt to Total Assets Ratio (DTAR), Equity to Total Assets Ratio (ETAR), Short-term Liability to Total Assets ratio (SLTAR) and the profitability including Return on Assets (ROA). The findings of the study have a R square value of 0.537, meaning that 53.7% of the variation in the dependent variable is explained by the independent variables while 46.3% is explained by other variables outside the model and also showed that there is a lower positive correlation between the dependent variable and the set of independent variables. The result showed that there is an insignificant impact of DER, DCR, DTA, ETA, and SLTA on ROE of Dabur Nepal Pvt. Ltd.","PeriodicalId":40031,"journal":{"name":"International Journal of Economics and Management","volume":"250 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136352783","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}
Work fulfilment among the teachers has been found as a fundamental element influencing the performance of the organisation. The purpose of this study was to study the factors affecting work fulfilment among academicians in Birgunj city of Nepal. The variables included in the study are independent variables of Promotion & recognition, Peers, Salary & Incentives, Scholars and Physical setting with work fulfilment as a dependent variable. A descriptive and causal comparative research design using questionnaire method on 5-point Likert scale was used to collect and analyse the data. The study was conducted with the sample size of 150 academicians in Birgunj city of Nepal. The data were analysed through the use of descriptive statistics, correlation, multiple regression analysis and t-test using SPSS software. The findings of the study show that all the independent factors are important in determining the extent of work fulfilment among academicians working in Birgunj city of Nepal. Some factors like salary& incentives and physical settings are not found to have the significant influence on work fulfilment level of academicians.
{"title":"A Study of Factors Affecting Work Fulfilment among Academicians in Birgunj City of Nepal","authors":"Neha Agrawal","doi":"10.3126/jem.v3i1.59190","DOIUrl":"https://doi.org/10.3126/jem.v3i1.59190","url":null,"abstract":"Work fulfilment among the teachers has been found as a fundamental element influencing the performance of the organisation. The purpose of this study was to study the factors affecting work fulfilment among academicians in Birgunj city of Nepal. The variables included in the study are independent variables of Promotion & recognition, Peers, Salary & Incentives, Scholars and Physical setting with work fulfilment as a dependent variable. A descriptive and causal comparative research design using questionnaire method on 5-point Likert scale was used to collect and analyse the data. The study was conducted with the sample size of 150 academicians in Birgunj city of Nepal. The data were analysed through the use of descriptive statistics, correlation, multiple regression analysis and t-test using SPSS software. The findings of the study show that all the independent factors are important in determining the extent of work fulfilment among academicians working in Birgunj city of Nepal. Some factors like salary& incentives and physical settings are not found to have the significant influence on work fulfilment level of academicians.","PeriodicalId":40031,"journal":{"name":"International Journal of Economics and Management","volume":"89 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136293867","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 research investigates the impact of liquidity management on the profitability of three development banks in Nepal: SDBL, MNBBL, and GBBL. Data was collected from books and financial annual reports, covering Fiscal Years 69/70 to 78/79, resulting in 30 observations. The study employed correlation analysis and regression analysis to examine the relationship between liquidity management indicators, which are, in this case, Cash Reserve Ratio (CRR), Credit Deposit Ratio (CDR), Non-Performing Assets (NPA), Total Liabilities and Total Assets Ratio (TLTA), and Deposit to Total Assets Ratio (DTA) and profitability of development banks, i.e., Return on Equity (ROE). The findings indicate that liquidity management indicators have varying effects on profitability. The correlation analysis reveals strong positive correlations between CRR and ROE and moderate positive correlations between CDR, TLTA, and DTA with ROE. Additionally, NPA exhibits a significant negative correlation with ROE. The regression analysis further confirms the overall significance of the model, with CRR having a statistically significant positive impact on ROE. Based on these findings, the study recommends that development banks focus on optimizing liquidity management by maintaining an appropriate CRR level. Strengthening credit risk management practices and reducing non-performing assets are also suggested to enhance profitability. These findings contribute to understanding liquidity management's impact on profitability in the context of development banks in Nepal and provide valuable insights for bank management and policymakers.
{"title":"Impact of Liquidity Management on the Profitability of Development Bank in Nepal","authors":"Hem Bahadur Kunwar Chhetri","doi":"10.3126/jem.v3i1.59201","DOIUrl":"https://doi.org/10.3126/jem.v3i1.59201","url":null,"abstract":"This research investigates the impact of liquidity management on the profitability of three development banks in Nepal: SDBL, MNBBL, and GBBL. Data was collected from books and financial annual reports, covering Fiscal Years 69/70 to 78/79, resulting in 30 observations. The study employed correlation analysis and regression analysis to examine the relationship between liquidity management indicators, which are, in this case, Cash Reserve Ratio (CRR), Credit Deposit Ratio (CDR), Non-Performing Assets (NPA), Total Liabilities and Total Assets Ratio (TLTA), and Deposit to Total Assets Ratio (DTA) and profitability of development banks, i.e., Return on Equity (ROE). The findings indicate that liquidity management indicators have varying effects on profitability. The correlation analysis reveals strong positive correlations between CRR and ROE and moderate positive correlations between CDR, TLTA, and DTA with ROE. Additionally, NPA exhibits a significant negative correlation with ROE. The regression analysis further confirms the overall significance of the model, with CRR having a statistically significant positive impact on ROE. Based on these findings, the study recommends that development banks focus on optimizing liquidity management by maintaining an appropriate CRR level. Strengthening credit risk management practices and reducing non-performing assets are also suggested to enhance profitability. These findings contribute to understanding liquidity management's impact on profitability in the context of development banks in Nepal and provide valuable insights for bank management and policymakers.","PeriodicalId":40031,"journal":{"name":"International Journal of Economics and Management","volume":"69 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136353570","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 order to better understand working capital management, which includes efficient handling of current assets as well as current liabilities? Efficient management of working capital is a precondition for the success of any kind of firm. The initial study's major goal was to assess the efficiency of working capital management in the automobile industry. The present study deals with the efficiency of working capital management in the selected four-wheeler passenger car manufacturing companies in India. The source of secondary data is the annual report and CMIE Prowess. The database of ten passenger car manufacturing companies in India is drawn at random from the source Statista based on their market share and brand in terms of passenger car manufacturing companies for the 10-year period from 2011–12 to 2020–21. This study employed three parameters to assess the efficiency of working capital management: the performance index of working capital management (PI), the utilization index of working capital management (UI), and the efficiency index of working capital management (EI). following the model suggested by Bhattacharya (1997). This study's results show most of the companies reviewed did well in terms of working capital performance, current asset usage, and working capital efficiency. Some selected passenger car manufacturers have efficiently managed their working capital and increased sales with existing assets. Companies with a low or negative efficiency index must use current assets efficiently to manage working capital. We feel this is an important topic that would be of interest in decision-making. Company managers in managing the company's finances must be more effective and efficient so that the company does not experience financial distress. For investors, it can be used as a reference in making decisions to invest by looking at companies that show companies that have good financial performance.
{"title":"Working Capital Management Efficiency using the Index Method","authors":"Abdul Rahman","doi":"10.3126/jem.v3i1.59196","DOIUrl":"https://doi.org/10.3126/jem.v3i1.59196","url":null,"abstract":"In order to better understand working capital management, which includes efficient handling of current assets as well as current liabilities? Efficient management of working capital is a precondition for the success of any kind of firm. The initial study's major goal was to assess the efficiency of working capital management in the automobile industry. The present study deals with the efficiency of working capital management in the selected four-wheeler passenger car manufacturing companies in India. The source of secondary data is the annual report and CMIE Prowess. The database of ten passenger car manufacturing companies in India is drawn at random from the source Statista based on their market share and brand in terms of passenger car manufacturing companies for the 10-year period from 2011–12 to 2020–21. This study employed three parameters to assess the efficiency of working capital management: the performance index of working capital management (PI), the utilization index of working capital management (UI), and the efficiency index of working capital management (EI). following the model suggested by Bhattacharya (1997). This study's results show most of the companies reviewed did well in terms of working capital performance, current asset usage, and working capital efficiency. Some selected passenger car manufacturers have efficiently managed their working capital and increased sales with existing assets. Companies with a low or negative efficiency index must use current assets efficiently to manage working capital. We feel this is an important topic that would be of interest in decision-making. Company managers in managing the company's finances must be more effective and efficient so that the company does not experience financial distress. For investors, it can be used as a reference in making decisions to invest by looking at companies that show companies that have good financial performance.","PeriodicalId":40031,"journal":{"name":"International Journal of Economics and Management","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136294616","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}
Ensuring a high quality of life (QOL) for elderly individuals is crucial as it directly influences their health, happiness, and overall life satisfaction. The concept of QOL encompasses various factors, including cultural, social, and environmental considerations. Objective: This study aimed to compare the quality of life between elderly males and females residing in Tansen municipality, located in Palpa, western Nepal. A population-based, cross-sectional study design was employed in Tansen municipality, Nepal. The study sample consisted of 102 individuals aged 60 years and above, who were selected using systematic random sampling from wards with a high elderly population (wards 3, 5, and 9). Of the selected participants, 47 were male and 55 were female. Face-to-face interviews were conducted using a standardized, pretested questionnaire as develop by the World Health Organization (WHO) in 1996, known as the WHO BREF questionnaire. Data collection took place from February 10 to March 10, 2018. The collected data were entered and analyzed using IBM SPSS Statistics 20 software. QOL was compared using F and t statistics. Among the participants, 42.6% of males and 52.7% of females had a low QOL, while 57.4% of males and 47.3% of females reported a high QOL. The t statistic (0.034) indicated a significant association between sex and QOL at a significance level of α = 5%. The study also revealed associations between sex, disease, family support, and quality of life, while no significant associations were found with other variables. The study findings suggest that elderly males had a better quality of life compared to females. Additionally, individuals with strong family support exhibited a higher QOL, and disease condition was found to impact QOL.
{"title":"Comparison of Quality of Life of Elderly Male and Female in Tansen Municipality, Palpa","authors":"Laxmi Prasad Sapkota","doi":"10.3126/jem.v3i1.59194","DOIUrl":"https://doi.org/10.3126/jem.v3i1.59194","url":null,"abstract":"Ensuring a high quality of life (QOL) for elderly individuals is crucial as it directly influences their health, happiness, and overall life satisfaction. The concept of QOL encompasses various factors, including cultural, social, and environmental considerations. Objective: This study aimed to compare the quality of life between elderly males and females residing in Tansen municipality, located in Palpa, western Nepal. A population-based, cross-sectional study design was employed in Tansen municipality, Nepal. The study sample consisted of 102 individuals aged 60 years and above, who were selected using systematic random sampling from wards with a high elderly population (wards 3, 5, and 9). Of the selected participants, 47 were male and 55 were female. Face-to-face interviews were conducted using a standardized, pretested questionnaire as develop by the World Health Organization (WHO) in 1996, known as the WHO BREF questionnaire. Data collection took place from February 10 to March 10, 2018. The collected data were entered and analyzed using IBM SPSS Statistics 20 software. QOL was compared using F and t statistics. Among the participants, 42.6% of males and 52.7% of females had a low QOL, while 57.4% of males and 47.3% of females reported a high QOL. The t statistic (0.034) indicated a significant association between sex and QOL at a significance level of α = 5%. The study also revealed associations between sex, disease, family support, and quality of life, while no significant associations were found with other variables. The study findings suggest that elderly males had a better quality of life compared to females. Additionally, individuals with strong family support exhibited a higher QOL, and disease condition was found to impact QOL.","PeriodicalId":40031,"journal":{"name":"International Journal of Economics and Management","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136295267","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 current study aims to explore the impact of corporate governance on the financial performance of commercial banks in Nepal. Although there were many researches made on the topic “Impact of Corporate Governance on Financial Performance,” However there is only a handful of research found in respect of commercial banks in Nepal. This study tried to fill the gap by studying exclusively in the banking industry of Nepal. The financial performance is measured through Return on assets (ROA) as the dependent variable, and corporate government variables are measured through the percentage of foreign directors in the board, board size, board independence, and board diligence as independent variables. Panel data analysis was used for the study covering the period from 2016/017 to 2020/021 using both descriptive statistic, correlation, multiple regression and t-test to examine the governance practices and their effect in the financial performance of commercial banks in Nepal. The empirical results demonstrated that board diligence (DB) has a positive significant impact on ROA. The result also indicates that there is an insignificant impact of other variables (FD, BI, BS) on ROA of commercial banks in Nepal.
{"title":"Corporate Governance and its Effects on the Financial Performance of Commercial Banks in Nepal","authors":"Maheshwar Lal Hada","doi":"10.3126/jem.v3i1.59189","DOIUrl":"https://doi.org/10.3126/jem.v3i1.59189","url":null,"abstract":"This current study aims to explore the impact of corporate governance on the financial performance of commercial banks in Nepal. Although there were many researches made on the topic “Impact of Corporate Governance on Financial Performance,” However there is only a handful of research found in respect of commercial banks in Nepal. This study tried to fill the gap by studying exclusively in the banking industry of Nepal. The financial performance is measured through Return on assets (ROA) as the dependent variable, and corporate government variables are measured through the percentage of foreign directors in the board, board size, board independence, and board diligence as independent variables. Panel data analysis was used for the study covering the period from 2016/017 to 2020/021 using both descriptive statistic, correlation, multiple regression and t-test to examine the governance practices and their effect in the financial performance of commercial banks in Nepal. The empirical results demonstrated that board diligence (DB) has a positive significant impact on ROA. The result also indicates that there is an insignificant impact of other variables (FD, BI, BS) on ROA of commercial banks in Nepal.","PeriodicalId":40031,"journal":{"name":"International Journal of Economics and Management","volume":"75 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136352407","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 relationship between the population growth and economic development issues in Nepal using time series data spanning from 1971 to 2021. The study adopted an ex-post facto research design and, obtained secondary data from the publication of the National Population and Housing Census 2021, National Report, Nepal. The data were analyzed using ordinary least square estimation technique. Descriptive and Analytical statistics tools are used to analyze the data. The findings of the study revealed that growth of the economically active population in agriculture, industry and service sectors significantly affect the Human Development Index measured by total GDP in Nepal. The research concludes that economically active population growth in these sectors have a positive impact in Nepal.
{"title":"Effect of Population Growth in Economic Growth in Nepal","authors":"Laxman Bahadur Kunwar, Birendra Singh Khadka","doi":"10.3126/jem.v3i1.59187","DOIUrl":"https://doi.org/10.3126/jem.v3i1.59187","url":null,"abstract":"The study examined the relationship between the population growth and economic development issues in Nepal using time series data spanning from 1971 to 2021. The study adopted an ex-post facto research design and, obtained secondary data from the publication of the National Population and Housing Census 2021, National Report, Nepal. The data were analyzed using ordinary least square estimation technique. Descriptive and Analytical statistics tools are used to analyze the data. The findings of the study revealed that growth of the economically active population in agriculture, industry and service sectors significantly affect the Human Development Index measured by total GDP in Nepal. The research concludes that economically active population growth in these sectors have a positive impact in Nepal.","PeriodicalId":40031,"journal":{"name":"International Journal of Economics and Management","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136352932","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}
FATHIN HANANI ABDUL JAKIT, JUDHIANA ABD. GHAN, TENGKU AIZAN AB. HAMID, NUR SYAZWANI MAZLAN
Malaysia is projected to become an ageing nation by 2045. Given this unfavourable demographic trend, this ageing phenomenon poses a number of socio-economic challenges as longevity rises over time and lengthens the time spent in retirement. Using the Structural Equation Modelling (SEM), the objective of this study was to determine the socio-economic factors affecting the retirement adjustment and subsequently examine the impact of those factors on life satisfaction among public retirees during their retirement. Despite the common beliefs, retirement is associated with productive aging rather than being a burden on society and the country. This study employed secondary data from a survey of public retirees in Malaysia's largest urbanised region, the Klang Valley, which represented 23% of all public retirees in the country from October 2017 to February 2018. The results show that income, healthcare, and retirement readiness have significant impacts on retirement adjustment, which in turn partially mediates life satisfaction. The findings are expected to support the policymakers in developing a retirement framework that prioritises the needs of Malaysian retirees. Policymakers should consider marketing strategies that utilise the right communication tools, visuals, and consistent language to ensure that public retirees adjust effectively during the retirement phase and pursue a greater sense of life satisfaction.
{"title":"An Analysis of Socio-Economic Determinants Affecting Retirement Adjustment and Life Satisfaction Among Public Retirees in The Klang Valley","authors":"FATHIN HANANI ABDUL JAKIT, JUDHIANA ABD. GHAN, TENGKU AIZAN AB. HAMID, NUR SYAZWANI MAZLAN","doi":"10.47836/ijeam.17.2.03","DOIUrl":"https://doi.org/10.47836/ijeam.17.2.03","url":null,"abstract":"Malaysia is projected to become an ageing nation by 2045. Given this unfavourable demographic trend, this ageing phenomenon poses a number of socio-economic challenges as longevity rises over time and lengthens the time spent in retirement. Using the Structural Equation Modelling (SEM), the objective of this study was to determine the socio-economic factors affecting the retirement adjustment and subsequently examine the impact of those factors on life satisfaction among public retirees during their retirement. Despite the common beliefs, retirement is associated with productive aging rather than being a burden on society and the country. This study employed secondary data from a survey of public retirees in Malaysia's largest urbanised region, the Klang Valley, which represented 23% of all public retirees in the country from October 2017 to February 2018. The results show that income, healthcare, and retirement readiness have significant impacts on retirement adjustment, which in turn partially mediates life satisfaction. The findings are expected to support the policymakers in developing a retirement framework that prioritises the needs of Malaysian retirees. Policymakers should consider marketing strategies that utilise the right communication tools, visuals, and consistent language to ensure that public retirees adjust effectively during the retirement phase and pursue a greater sense of life satisfaction.","PeriodicalId":40031,"journal":{"name":"International Journal of Economics and Management","volume":"33 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":"136035413","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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