Susan M. Wieczorek, S. Ludwig, L. Büttner, Mathias R. Bauer, P. Markovič
This paper on hand deals with a research gap, since there were no sources on the topic of changes in business administration studies induced by Industry 4.0 until the year 2018. For this reason, a document analysis was used to examine essential studies from the years 2010 to 2016. This was followed by twenty interviews with experts from universities and companies. Furthermore, a total of 71 people took part in a subsequent online survey. With digitization, the requirements for business administration graduates are also changing from technical competence to methodological and digital competence. Digitization has an impact on all areas, politics, society and the economy. The higher education sector is not unaffected by this either, because universities are forerunners in the transfer of knowledge. For this reason, there is a need to reform and at the same time strengthen the education system. Educational institutions should focus on effective learning and relevant learning content. Thus, the present research deals with the changes at university (especially business studies) and company level induced by Industry 4.0, focusing on the demands on business economists coupled with the entrepreneurial changes of tomorrow. Using the mixed-method approach, a qualitative and a quantitative research approach was carried out. This was based on a three-step sequential research approach: 1) document analysis, 2) expert interviews and 3) online surveys. As a result, the majority of the experts that have participated in the survey confirmed a strong impact of digitalization on the working environment. This change of the workplace requires an adaption by the employees as well as a revision of academic curriculars. Traditional education in business administration is not obsolete, however, requires a stronger link with topics of information technologies. Business administration in higher education must be subject to the following changes: 1) adaptation of curricula with regard to current trends business analytics, blockchain, artificial intelligence, 2) adaptation of IT infrastructure and resources in knowledge transfer such as blogs, online lectures, etc. as well as 3) stronger cooperation between business, science and education.
{"title":"Forecast of Changes in Business Administration Driven by Digitalization","authors":"Susan M. Wieczorek, S. Ludwig, L. Büttner, Mathias R. Bauer, P. Markovič","doi":"10.4236/ojbm.2021.94092","DOIUrl":"https://doi.org/10.4236/ojbm.2021.94092","url":null,"abstract":"This paper on hand deals with a research gap, since there were no sources \u0000on the topic of changes in business administration studies induced by Industry \u00004.0 until the year 2018. For this reason, a document analysis was used to \u0000examine essential studies from the years 2010 to 2016. This was followed by twenty interviews with experts from universities \u0000and companies. Furthermore, a total of 71 people took part in a \u0000subsequent online survey. With digitization, \u0000the requirements for business administration graduates are also changing \u0000from technical competence to methodological and digital competence. \u0000Digitization has an impact on all areas, politics, society and the economy. The \u0000higher education sector is not unaffected by this either, because universities \u0000are forerunners in the transfer of knowledge. For this reason, there is a need \u0000to reform and at the same time strengthen the education system. Educational \u0000institutions should focus on effective learning and relevant learning content. \u0000Thus, the present research deals with the changes at university (especially business \u0000studies) and company level induced by Industry 4.0, focusing on the demands on \u0000business economists coupled with the entrepreneurial changes of tomorrow. Using \u0000the mixed-method approach, a qualitative and a quantitative research approach \u0000was carried out. This was based on a three-step sequential research approach: \u00001) document analysis, 2) expert interviews and 3) online surveys. As a result, \u0000the majority of the experts that have participated in the survey confirmed a \u0000strong impact of digitalization on the working environment. This change of the \u0000workplace requires an adaption by the employees as well as a revision of \u0000academic curriculars. Traditional education in business administration is not obsolete, however, requires a stronger \u0000link with topics of information technologies. Business administration in \u0000higher education must be subject to the following changes: 1) adaptation of \u0000curricula with regard to current trends business analytics, blockchain, \u0000artificial intelligence, 2) adaptation of IT infrastructure and resources in \u0000knowledge transfer such as blogs, online lectures, etc. as well as 3) stronger \u0000cooperation between business, science and education.","PeriodicalId":411102,"journal":{"name":"Open Journal of Business and Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125231994","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}
One of the daunting challenges facing the effective operations of Local Councils in Sierra Leone, particularly the Bo District Council is the quality of support services that drive accountability in the use of scarce financial resources. It is on this note that the study is intended to assess management supports towards the internal audit system. The study was conducted in Bo District Council located in the Southern Region of Sierra Leone. Bo District Council consists of 16 Chiefdoms, 25 Councilors, 3 Paramount Chiefs, 25 Wards, 16 Committees, 11 Constituencies, and 13 Core Staff Members. The secondary objectives were: 1) to assess the level of respondents’ perceptions on management support to the internal audit system; 2) to identify the scale of management support to the internal audit effectiveness, and 3) to establish the relationship between management support and internal audit effectiveness. The instruments employed for data collection include: questionnaires and documentary analysis. The sample population of the study is thirteen (13) core staff members that represents the sample size of the study, and includes all the departments and units of the Bo District Council. The 13 core staff members were selected by stratified sampling selection technique. The study employed descriptive design and results discussed in qualitative and quantitative methods. The reliability test was conducted 0.765 using the Crumb Alpha Test and was considered valid. The key findings of the study include: Lack of full support to the audit committee; lack of independence of the internal audit system; insufficient allocation of budget. It is recommended that the Local Service Commission should let the internal audit system being independent by creating a directorate of the internal audit department.
{"title":"Evaluating Management Support to the Internal Audit System in Bo District Council, Sierra Leone","authors":"Sualiho Sheriff","doi":"10.4236/ojbm.2021.94087","DOIUrl":"https://doi.org/10.4236/ojbm.2021.94087","url":null,"abstract":"One of \u0000the daunting challenges facing the effective operations of Local Councils in \u0000Sierra Leone, particularly the Bo District Council is the quality of support \u0000services that drive accountability in the use of scarce financial resources. It \u0000is on this note that the study is intended to assess management supports towards the internal audit system. The study \u0000was conducted in Bo District Council located in the Southern Region of \u0000Sierra Leone. Bo District Council consists of 16 Chiefdoms, 25 Councilors, 3 \u0000Paramount Chiefs, 25 Wards, 16 Committees, 11 Constituencies, and 13 Core Staff \u0000Members. The secondary objectives were: 1) to assess the level of respondents’ perceptions on management support \u0000to the internal audit system; 2) to identify the scale of management support to \u0000the internal audit effectiveness, and 3) to establish the relationship between \u0000management support and internal audit effectiveness. The instruments employed \u0000for data collection include: questionnaires and documentary analysis. The sample population of the study is \u0000thirteen (13) core staff members that represents the sample size of the study, \u0000and includes all the departments and units of the Bo District Council. The 13 \u0000core staff members were selected by stratified sampling selection technique. \u0000The study employed descriptive design and results discussed in qualitative and \u0000quantitative methods. The reliability test \u0000was conducted 0.765 using the Crumb Alpha Test and was considered valid. \u0000The key findings of the study include: Lack of full support to the audit committee; lack of independence of the \u0000internal audit system; insufficient allocation of budget. It is recommended \u0000that the Local Service Commission should let the internal audit system being \u0000independent by creating a directorate of the internal audit department.","PeriodicalId":411102,"journal":{"name":"Open Journal of Business and Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114646583","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}
William Aparecido Maciel da Silva, Cristiane Orquisa Fantin, Marcelo Fukui, M. Jucá
This study maps and analyzes the academic literature regarding the main startups’ valuation methods by means of a bibliometric analysis and systematic review. The adoption of both methods requires the use of software such as RStudio, VOSViewer or Rank Words. In bibliometric analysis, the verification of its main laws—Zipf, Bradford and Lotka is also adopted. As a bibliometric analysis result, the most frequent keywords appear to be performance, innovation, entrepreneurship and venture capital. Most of the authors are associated with institutions located in Germany and in the United States. Concerning the systematic review results, the topic of identifying funding sources is urgent, considering the fact that startups are companies with high levels of uncertainty and risk. Another concern refers to the way of obtaining the types of data for inputs in the valuation models. Regarding the valuation methods, the ones of multiples are highlighted. As for future paths for further research, the authors emphasize the analysis of determinants influencing their value at different stages of maturity, as well as the adoption of unconventional valuation methods.
{"title":"Startups’ Valuation: A Bibliometric Analysis and Systematic Literature Review","authors":"William Aparecido Maciel da Silva, Cristiane Orquisa Fantin, Marcelo Fukui, M. Jucá","doi":"10.4236/ojbm.2021.94090","DOIUrl":"https://doi.org/10.4236/ojbm.2021.94090","url":null,"abstract":"This study maps and analyzes the academic literature \u0000regarding the main startups’ valuation methods by means of a \u0000bibliometric analysis and systematic review. The adoption of both methods \u0000requires the use of software such as RStudio, VOSViewer or Rank Words. In \u0000bibliometric analysis, the verification of its main laws—Zipf, \u0000Bradford and Lotka is also adopted. As a bibliometric \u0000analysis result, the most frequent keywords appear to be performance, \u0000innovation, entrepreneurship and venture capital. Most of the authors are associated with institutions located in Germany \u0000and in the United States. Concerning the systematic review results, the \u0000topic of identifying funding sources is urgent, considering the fact that \u0000startups are companies with high levels of uncertainty and risk. Another \u0000concern refers to the way of obtaining the types of data for inputs in the \u0000valuation models. Regarding the valuation methods, the ones of multiples are \u0000highlighted. As for future paths for further research, the authors emphasize \u0000the analysis of determinants influencing their value at different stages of \u0000maturity, as well as the adoption of unconventional valuation methods.","PeriodicalId":411102,"journal":{"name":"Open Journal of Business and Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124721348","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 purpose of this multiple case study was to explore the managerial strategies that small businesses owners used to motivate and retain sales associates to increase profits. The study population included 4 small business owners in Texas who successfully implemented employee motivation and retention strategies. Data were collected from semistructured interviews, artifacts that included company websites and social media pages. The transformational leadership theory guided the study. Data were analyzed using Yin’s 5 steps of data analysis, including compiling data, disassembling data, reassembling data, interpreting data, and drawing conclusions. Three themes emerged from the data analysis: provide financial incentives, increase job satisfaction, and enhance job training. The findings showed that small business owners use the strategies to motivate and retain sales associates to increase business profits. This study’s results could contribute to positive social change by helping other small business owners implement motivation and retention strategies, which might enhance business sustainability. Business sustainability supports both local and state economies and fosters an optimum distribution of resources in the community.
{"title":"Retaining Sales Associates in the Small Business Industry","authors":"Benjamin O. Chukwu","doi":"10.4236/ojbm.2021.94101","DOIUrl":"https://doi.org/10.4236/ojbm.2021.94101","url":null,"abstract":"The \u0000purpose of this multiple case study was to explore the managerial strategies \u0000that small businesses owners used to motivate and retain sales associates to \u0000increase profits. The study population included 4 small business owners in \u0000Texas who successfully implemented employee motivation and retention \u0000strategies. Data were collected from semistructured interviews, artifacts that \u0000included company websites and social media pages. The transformational \u0000leadership theory guided the study. Data were analyzed using Yin’s 5 steps of \u0000data analysis, including compiling data, disassembling data, reassembling data, \u0000interpreting data, and drawing conclusions. Three themes emerged from the data \u0000analysis: provide financial incentives, increase job satisfaction, and enhance \u0000job training. The findings showed that small business owners use the strategies \u0000to motivate and retain sales associates to increase business profits. This \u0000study’s results could contribute to positive social change by helping other \u0000small business owners implement motivation and retention strategies, which \u0000might enhance business sustainability. Business sustainability supports both \u0000local and state economies and fosters an optimum distribution of resources in \u0000the community.","PeriodicalId":411102,"journal":{"name":"Open Journal of Business and Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127312900","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 paper examines the export demand function of Malawi tobacco using panel data from 1997 to 2019. It estimates the relationship of tobacco quantity exported with Malawi’s export price, competitor’s export price, Gross Domestic Product (GDP), Real effective exchange rate (REER) as well as the impact of the World Health Organization’s (WHO) Framework Convention on Tobacco Control (FCTC). A double log fixed effects model with driscoll- kraay standard errors as well as fixed effects model with Least Square Dummy Variables (LSDV) model was used for empirical estimation. The empirical results confirmed that there exists a significant relationship among Malawi tobacco export demand, trade partner’s real income and export price. Furthermore, REER was elastic, while own price and cross price elasticities were less than zero. The results indicated that Malawi should take advantage of the high incomes of the tobacco importing countries to enhance international market share.
{"title":"Determinants of Export Demand Function for Malawi Tobacco","authors":"Nomore Nkhoma, Yohana James Mgale, Yunxian Yan","doi":"10.4236/ojbm.2021.94099","DOIUrl":"https://doi.org/10.4236/ojbm.2021.94099","url":null,"abstract":"This paper examines the export demand function of Malawi tobacco using \u0000panel data from 1997 to 2019. It estimates the relationship of tobacco quantity \u0000exported with Malawi’s export price, competitor’s export price, Gross Domestic \u0000Product (GDP), Real effective exchange rate (REER) as well as the impact of the World Health \u0000Organization’s (WHO) Framework Convention on Tobacco Control (FCTC). A double \u0000log fixed effects model with driscoll- kraay standard errors as well as fixed effects model with Least Square \u0000Dummy Variables (LSDV) model was used for \u0000empirical estimation. The empirical results confirmed that there exists \u0000a significant relationship among Malawi tobacco export demand, trade partner’s \u0000real income and export price. Furthermore, REER was elastic, while own price \u0000and cross price elasticities were less than zero. The results indicated that \u0000Malawi should take advantage of the high \u0000incomes of the tobacco importing countries to enhance international market share.","PeriodicalId":411102,"journal":{"name":"Open Journal of Business and Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129747272","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}
Nwokebuife Onyinyechi Juliana, H. Hui, Mintah Clement, Ejiofor Nnaemeka Solomon, Ofori Kwame Elvis
This paper seeks to investigate the relationship between creativity and innovation on entrepreneurship development. Before doing so, we marry the insights of several pieces of works of literature on creativity, innovation, and entrepreneurship stemming from Joseph Schumpeter’s perspectives, theory, and research on innovation and entrepreneurship development. A survey design was adopted for the study. A valid sample of 257 impacted the study using Yemane sample size determination formulae. The research employed the Ordinary Least Square method and ANOVA Test for data analysis. In this study, we accept hypotheses H2 and H5 due to their significant and mutual relationship on the measured variable whereas H1, H3, and H4 were not accepted owing to their insignificant impact on the independent variable (entrepreneurship development). The most significant variables in this research are technological advancement and strategy. The findings of this research are quite different from the influential factors (Ali Al Qudah 2018). The two measured significant variables can then be considered as major factors or requirements for innovation and the success of a country’s entrepreneurship development. Having established this fact is a call on policy support and frame- work-specific not only for Nigeria but to any other country which is striving to achieve economic success. Interestingly, the matrix analysis established a strong relationship between creative thinking and innovative ability, as well as technological advancement although was negatively estimated on entrepreneurship development. This indicates that technological advancement is support for creativity and innovation. However, its direct effect on entrepreneurship development was not significantly estimated. This can further be investigated to ascertain reality. Therefore, this is a call on policy support and framework not only for Nigeria but to any other country which is striving to achieve economic success.
本文旨在探讨创造力和创新在创业发展中的关系。在此之前，我们结合了约瑟夫·熊彼特关于创新和创业发展的观点、理论和研究中关于创造力、创新和创业的几部文学作品的见解。本研究采用调查设计。使用Yemane样本量确定公式，有效样本257个影响研究。本研究采用普通最小二乘法和方差分析检验进行数据分析。在本研究中，我们接受假设H2和H5，因为它们对被测量变量具有显著的相互关系，而不接受假设H1、H3和H4，因为它们对自变量(创业发展)的影响不显著。本研究中最重要的变量是技术进步和战略。本研究的结果与影响因素有很大不同(Ali Al Qudah 2018)。这两个被测量的显著变量可以被认为是创新和一个国家创业发展成功的主要因素或要求。在确定了这一事实之后，就要求不仅为尼日利亚而且为任何其他正在努力取得经济成功的国家提供政策支持和具体框架。有趣的是，矩阵分析在创造性思维和创新能力以及技术进步之间建立了很强的关系，尽管对创业发展的估计是负向的。这表明，技术进步是对创造和创新的支持。然而，其对创业发展的直接影响并没有得到显著的估计。这可以进一步调查以确定事实。因此，这不仅是对尼日利亚的政策支持和框架的呼吁，也是对任何其他努力取得经济成功的国家的政策支持和框架的呼吁。
{"title":"The Impact of Creativity and Innovation on Entrepreneurship Development: Evidence from Nigeria","authors":"Nwokebuife Onyinyechi Juliana, H. Hui, Mintah Clement, Ejiofor Nnaemeka Solomon, Ofori Kwame Elvis","doi":"10.4236/ojbm.2021.94095","DOIUrl":"https://doi.org/10.4236/ojbm.2021.94095","url":null,"abstract":"This paper seeks to investigate the relationship between creativity and \u0000innovation on entrepreneurship development. Before doing so, we marry the \u0000insights of several pieces of works of literature on creativity, innovation, \u0000and entrepreneurship stemming from Joseph Schumpeter’s perspectives, theory, \u0000and research on innovation and entrepreneurship development. A survey design \u0000was adopted for the study. A valid sample of 257 impacted the study using \u0000Yemane sample size determination formulae. The research employed the Ordinary \u0000Least Square method and ANOVA Test for data analysis. In this study, we accept \u0000hypotheses H2 and H5 due to their significant and mutual relationship on the measured \u0000variable whereas H1, H3, and H4 were not accepted owing to their insignificant \u0000impact on the independent variable (entrepreneurship development). The most \u0000significant variables in this research are technological advancement and \u0000strategy. The findings of this research are quite different from the \u0000influential factors (Ali Al Qudah 2018). The two \u0000measured significant variables can then be considered as major factors or \u0000requirements for innovation and the success of a country’s entrepreneurship development. Having established this fact is a \u0000call on policy support and frame- work-specific \u0000not only for Nigeria but to any other country which is striving to achieve \u0000economic success. Interestingly, the matrix analysis established a strong \u0000relationship between creative thinking and innovative ability, as well as technological advancement although was \u0000negatively estimated on entrepreneurship development. This indicates \u0000that technological advancement is support for creativity and innovation. \u0000However, its direct effect on entrepreneurship development was not \u0000significantly estimated. This can further be investigated to ascertain reality. \u0000Therefore, this is a call on policy support and framework not only for Nigeria \u0000but to any other country which is striving to achieve economic success.","PeriodicalId":411102,"journal":{"name":"Open Journal of Business and Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128592320","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}
Farid Ahmad Monib, Jamaluddin Qanet, Mohammad Dawod Nabeel, Redwanullah Abdi
This article seeks to compare the schools of strategic management in three paradigms, especially descriptive and descriptive schools, and considers the integrated schools of strategic management as a combination of the other two types of schools. In this article, to achieve this goal, we first try to explain the concepts of strategic management, model, theory, approach, school and paradigm and schools of strategic management. Then, using the qualitative comparative research method and the type of close comparison, the researcher came to the conclusion that the schools of strategic management are not incomplete. They are complementary and it is necessary to use each of them in organizations. Then, we will compare the relationship between these concepts, especially the concepts of strategic management and strategic planning, with schools of learning and planning, and finally we will find out. The prescriptive and descriptive schools are complementary and supportive according to the integrated schools.
{"title":"Comparative Study of Strategic Management Schools (Prescriptive, Descriptive and Integrated)","authors":"Farid Ahmad Monib, Jamaluddin Qanet, Mohammad Dawod Nabeel, Redwanullah Abdi","doi":"10.4236/ojbm.2021.94106","DOIUrl":"https://doi.org/10.4236/ojbm.2021.94106","url":null,"abstract":"This article seeks to compare the schools of strategic management in \u0000three paradigms, especially descriptive and descriptive schools, and considers \u0000the integrated schools of strategic management as a combination of the other \u0000two types of schools. In this article, to achieve this goal, we first try to \u0000explain the concepts of strategic management, model, theory, approach, school \u0000and paradigm and schools of strategic management. Then, using the qualitative \u0000comparative research method and the type of close comparison, the researcher \u0000came to the conclusion that the schools of strategic management are not \u0000incomplete. They are complementary and it is necessary to use each of them in organizations. Then, we will compare the \u0000relationship between these concepts, especially the concepts of \u0000strategic management and strategic planning, with schools of learning and \u0000planning, and finally we will find out. The prescriptive \u0000and descriptive schools are complementary and supportive according to the \u0000integrated schools.","PeriodicalId":411102,"journal":{"name":"Open Journal of Business and Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114625781","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 examines whether Sustainability Reporting (SR) contributes to the financial performance indicators of Saudi listed firms. The study’s data are imperiled to regression analysis using the econometric model in computing the Tobin’s Q value as proposed under the section on study variables. It also examines the value significance of SR on financial performance among the listed firms in Tadawul by determining whether Tobin’s Q is statistically significant by specific firm’s attributes, including firm size, leverage, and EPS. The outcomes indicate that Tobin’s Q is statistically significantly influenced by leverage, EPS and firm size. Additionally, the study validates that no correlation occurs between the SR practices of the listed firms in Tadawul and the corporate financial performance.
{"title":"Sustainability Reporting (SR) Disclosure and Value Relevance on Listed Saudi Firms","authors":"Hassan Haidar, R. Sohail","doi":"10.4236/ojbm.2021.94097","DOIUrl":"https://doi.org/10.4236/ojbm.2021.94097","url":null,"abstract":"This study examines whether Sustainability Reporting (SR) contributes to \u0000the financial performance indicators of Saudi listed firms. The study’s data are imperiled to regression analysis using the econometric model in \u0000computing the Tobin’s Q value as proposed under the section on study variables. \u0000It also examines the value significance of SR on financial performance among \u0000the listed firms in Tadawul by determining whether Tobin’s Q is statistically \u0000significant by specific firm’s attributes, including firm size, leverage, and \u0000EPS. The outcomes indicate that Tobin’s Q is statistically significantly \u0000influenced by leverage, EPS and firm size. Additionally, the study validates \u0000that no correlation occurs between the SR practices of the listed firms in Tadawul \u0000and the corporate financial performance.","PeriodicalId":411102,"journal":{"name":"Open Journal of Business and Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123571518","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}
Talent management practices ensure that the right people want to join the company and effectively bring new, talented workers into the company. The purpose of this paper is to contribute to the development of framework for talent management under the current global context. The paper is built on the analysis and synthesis of scientific literature which enables to describe the phenomenon of the talent management. The advancement in the field of talent management, this paper tried to analyze the talent management in global context from four perspectives such as human centric culture, digital skills, employee wellbeing and human resource analytics and develop a framework. Talent management has emerged as the biggest challenge facing organizations. Today, human capital at every level is considered more important than ever to organizations that hope to raise their competitiveness, both globally and locally, as all organizations face a global competition. For countries operating in multinational environments, the framework and measurement approach can be applied to understand unique challenges in the current global scenario that may reflect both the capabilities and behaviors of human capital in those countries. The talent management framework also suggests that future research work will help the global organization to face the challenges in the talent management in the competitive environment.
{"title":"Development of Framework for Talent Management in the Global Context","authors":"Mohammed Al Haziazi","doi":"10.4236/ojbm.2021.94096","DOIUrl":"https://doi.org/10.4236/ojbm.2021.94096","url":null,"abstract":"Talent management practices ensure that the \u0000right people want to join the company and effectively bring new, talented \u0000workers into the company. The purpose of this paper is to contribute to the \u0000development of framework for talent management under the current global \u0000context. The paper is built on the analysis and synthesis of scientific \u0000literature which enables to describe the phenomenon of the talent management. \u0000The advancement in the field of talent management, this paper tried to analyze \u0000the talent management in global context from four perspectives such as human \u0000centric culture, digital skills, employee wellbeing and human resource \u0000analytics and develop a framework. Talent \u0000management has emerged as the biggest challenge facing organizations. \u0000Today, human capital at every level is considered more important than ever to \u0000organizations that hope to raise their competitiveness, both globally and \u0000locally, as all organizations face a global competition. For countries \u0000operating in multinational environments, the framework and measurement approach \u0000can be applied to understand unique challenges in the current global scenario \u0000that may reflect both the capabilities and behaviors of human capital in those \u0000countries. The talent management framework also suggests that future research \u0000work will help the global organization to face the challenges in the talent \u0000management in the competitive environment.","PeriodicalId":411102,"journal":{"name":"Open Journal of Business and Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131230121","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}
Kamal Abubakar Abraham Sleiman, Xiangyu Cai, Juanli Lan, Hongzhen Lei, Ru Liu
The rapid growth of the technology industry has changed the condition of relationship marketing. The business has simultaneously become more comfortable and more complicated. It is easier because one can send and receive business information in the click of a button, it is complicated because the new technologies bring new demand and challenges to the companies. The use of self-service technology is widespread in China. The purpose of this paper is to show the impact of information technology on relationship marketing and the factors that lead to customer satisfaction and commitment to SSTs usage. SPSS was used for the study. The finding of this study shows that trust is a significant factor for achieving customer satisfaction and commitment, followed by perceived convenience. Customer satisfaction has the highest relationship with customer commitment. This study may help the bank administration to improve the (ATM) self-service technology in a way that will bring more satisfaction to the customer, which will result in commitment.
{"title":"Relationship Marketing and Information Technology’s Impact on Customer Satisfaction and Commitment","authors":"Kamal Abubakar Abraham Sleiman, Xiangyu Cai, Juanli Lan, Hongzhen Lei, Ru Liu","doi":"10.4236/OJBM.2021.93055","DOIUrl":"https://doi.org/10.4236/OJBM.2021.93055","url":null,"abstract":"The rapid growth of the technology industry has changed the condition of relationship marketing. The business has simultaneously become more comfortable and more complicated. It is easier because one can send and receive business information in the click of a button, it is complicated because the new technologies bring new demand and challenges to the companies. The use of self-service technology is widespread in China. The purpose of this paper is to show the impact of information technology on relationship marketing and the factors that lead to customer satisfaction and commitment to SSTs usage. SPSS was used for the study. The finding of this study shows that trust is a significant factor for achieving customer satisfaction and commitment, followed by perceived convenience. Customer satisfaction has the highest relationship with customer commitment. This study may help the bank administration to improve the (ATM) self-service technology in a way that will bring more satisfaction to the customer, which will result in commitment.","PeriodicalId":411102,"journal":{"name":"Open Journal of Business and Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-04-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126817502","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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