Brand Performance has an important role for organizations to implement and improve good services and processes. This implies that management in the organization, must continuously improve the skills and ability to maintain and enhance the growth of the organization as well as to face the challenges of today's business. This study aims to examine the relationship between brand characteristics, brand attitude, brand reputation, brand awareness, and brand performance. This study used a quantitative approach with a data collection method using questionnaires on 111 primebiz hotel surabaya consumers and processed using partial least square (SmartPLS 3.0) analysis tools. The results showed that brand characteristics affect brand attitudes, brand attitudes affect brand reputation, brand characteristics affect brand awareness, brand awareness affects brand reputation, brand awareness affects brand attitudes and brand reputation affects brand performance.
{"title":"THE INFLUENCE OF BRAND SIGNATURE, AWARENESS, ATTITUDE, AND REPUTATION ON PRIMEBIZ HOTEL SURABAYA’S BRAND PERFORMANCE","authors":"Andik Setiawan, Yudi Sutarso","doi":"10.33086/bfj.v8i2.5222","DOIUrl":"https://doi.org/10.33086/bfj.v8i2.5222","url":null,"abstract":"Brand Performance has an important role for organizations to implement and improve good services and processes. This implies that management in the organization, must continuously improve the skills and ability to maintain and enhance the growth of the organization as well as to face the challenges of today's business. This study aims to examine the relationship between brand characteristics, brand attitude, brand reputation, brand awareness, and brand performance. This study used a quantitative approach with a data collection method using questionnaires on 111 primebiz hotel surabaya consumers and processed using partial least square (SmartPLS 3.0) analysis tools. The results showed that brand characteristics affect brand attitudes, brand attitudes affect brand reputation, brand characteristics affect brand awareness, brand awareness affects brand reputation, brand awareness affects brand attitudes and brand reputation affects brand performance.","PeriodicalId":45715,"journal":{"name":"Australasian Accounting Business and Finance Journal","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135928417","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 the last decade, technological developments and advances in the digital economy have changed consumer behavior significantly. In this millennial era, all levels of society can easily use e-Commerce. Meeting customer needs, even exceeding their expectations, is crucial in this intense digital business competition. This study took place at a X Store, which aimed to identify service attributes that would be developed to improve their quality. This study used the Quality Function Deployment (QFD) method, which began with surveys and interviews, then distributed questionnaires to respondents (customers) to find the Voice of Customers, and then processed the data using QFD. The results showed that: 1) the attribute Product Quality had the highest level of importance, with an importance level of 4.63; 2) the attribute Complete Product Type had the top priority for superior performance, with a weight value of 4.6398; 3) the technical response Easy Order Tracking Service is a top priority for improvement, with a priority value of 6.3224 and a normalized contribution of 32.44%.
在过去的十年里，技术的发展和数字经济的进步极大地改变了消费者的行为。在这个千禧年的时代，社会的各个层面都可以很容易地使用电子商务。在这个激烈的数字商业竞争中，满足客户需求，甚至超越他们的期望是至关重要的。这项研究是在一家X商店进行的，旨在确定服务属性，这些属性将被开发以提高其质量。本研究采用了质量功能展开(QFD)方法，从调查和访谈开始，然后向受访者(客户)分发问卷，寻找客户的声音，然后使用QFD对数据进行处理。结果表明:1)产品质量属性的重要度最高，重要度为4.63;2)完整产品类型属性具有最优性能，权重值为4.6398;3)技术响应Easy Order Tracking Service是需要改进的最优先级，优先级值为6.3224，标准化贡献度为32.44%。
{"title":"Modeling E-Commerce Website Using QFD","authors":"Manik Ayu Titisari, Surjo Hadi, Yitno Utomo, Denis Fidita Karya, Gerald Binta Syarifudin Aliansa","doi":"10.33086/bfj.v8i1.3947","DOIUrl":"https://doi.org/10.33086/bfj.v8i1.3947","url":null,"abstract":"In the last decade, technological developments and advances in the digital economy have changed consumer behavior significantly. In this millennial era, all levels of society can easily use e-Commerce. Meeting customer needs, even exceeding their expectations, is crucial in this intense digital business competition. This study took place at a X Store, which aimed to identify service attributes that would be developed to improve their quality. This study used the Quality Function Deployment (QFD) method, which began with surveys and interviews, then distributed questionnaires to respondents (customers) to find the Voice of Customers, and then processed the data using QFD. The results showed that: 1) the attribute Product Quality had the highest level of importance, with an importance level of 4.63; 2) the attribute Complete Product Type had the top priority for superior performance, with a weight value of 4.6398; 3) the technical response Easy Order Tracking Service is a top priority for improvement, with a priority value of 6.3224 and a normalized contribution of 32.44%.","PeriodicalId":45715,"journal":{"name":"Australasian Accounting Business and Finance Journal","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136369744","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 was conducted to utilize a model of community participation in the development Cupak Village as a Tourist Destination in Jombang, East Java, Indonesia. The approach used in this research is a qualitative approach, which describes the participation of the community in the development of a tourist village. The informants in this study were village officials, pokdarwis administrators, local youth organizations, community representatives and visitors. Information was taken through structured interviews. The study results show that developing a tourism village requires participation from various parties, including the community as the major actor, the local government, and stakeholders in charge of providing guidance. Likewise, the university's role took a significant place by providing Assistance in managing the tourism village while the role of SMEs is to provide special products that can be offered to visitors. The implication oif this study. This research aims to provide an overview of village communities in developing tourism villages by involving the community to participate.
{"title":"Community Participation In Developing Cupak Village As A Tourist Destination In Jombang, East Java, Indonesia","authors":"Siti Mujanah, None Candraningrat","doi":"10.33086/bfj.v8i1.4126","DOIUrl":"https://doi.org/10.33086/bfj.v8i1.4126","url":null,"abstract":"This research was conducted to utilize a model of community participation in the development Cupak Village as a Tourist Destination in Jombang, East Java, Indonesia. The approach used in this research is a qualitative approach, which describes the participation of the community in the development of a tourist village. The informants in this study were village officials, pokdarwis administrators, local youth organizations, community representatives and visitors. Information was taken through structured interviews. The study results show that developing a tourism village requires participation from various parties, including the community as the major actor, the local government, and stakeholders in charge of providing guidance. Likewise, the university's role took a significant place by providing Assistance in managing the tourism village while the role of SMEs is to provide special products that can be offered to visitors. The implication oif this study. This research aims to provide an overview of village communities in developing tourism villages by involving the community to participate.","PeriodicalId":45715,"journal":{"name":"Australasian Accounting Business and Finance Journal","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136369743","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}
Conjoint Analysis was used in this study to ascertain the preferences of accountancy graduates from a CPA review institution in Davao City. The study also established the aggregate model and the relative importance of the CPA review center characteristics, including track record, reviewers, conduciveness, review materials, and affordability in contributing to the overall value of review centers. Based on the results, "track record" is the most important attribute and "affordability" is the least important attribute, while other CPA review center attributes were also found important in determining the review centers' overall utility. On the aggregate level the preferred design model of the respondents is described by: (a) Track Record-produced board topnotchers/placers and has an above average national passing rate; (b) Reviewer-author of a book, a board placer and at least 15 years' experience as instructor; (c) Conduciveness- less than 50 reviewees in a room; (d) Review Materials-comprehensive review materials with three years recency; and (e) affordability-Php10,000 below.
{"title":"Preferences of Accountancy Graduating Students of a CPA Review Center","authors":"Rey Castillo, None Enrico C. Yee, Jr.","doi":"10.33086/bfj.v8i1.3912","DOIUrl":"https://doi.org/10.33086/bfj.v8i1.3912","url":null,"abstract":"Conjoint Analysis was used in this study to ascertain the preferences of accountancy graduates from a CPA review institution in Davao City. The study also established the aggregate model and the relative importance of the CPA review center characteristics, including track record, reviewers, conduciveness, review materials, and affordability in contributing to the overall value of review centers. Based on the results, \"track record\" is the most important attribute and \"affordability\" is the least important attribute, while other CPA review center attributes were also found important in determining the review centers' overall utility. On the aggregate level the preferred design model of the respondents is described by: (a) Track Record-produced board topnotchers/placers and has an above average national passing rate; (b) Reviewer-author of a book, a board placer and at least 15 years' experience as instructor; (c) Conduciveness- less than 50 reviewees in a room; (d) Review Materials-comprehensive review materials with three years recency; and (e) affordability-Php10,000 below.","PeriodicalId":45715,"journal":{"name":"Australasian Accounting Business and Finance Journal","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135950671","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 study is to investigate financial behavior among university students in Surabaya and analyze the relationship between perceived usefulness of financial technology, financial socialization, and financial literacy as an intervening variable. Conclusive causality research is used for this research with primary data collected from questionnaires. The sampling techniques used a combination of proportional stratified random sampling and purposive sampling towards 466 university students from 6 universities in Surabaya. Data analyzed using Partial Least Squares - Structural Equation Model (PLS-SEM) techniques. The result shows that financial literacy and financial socialization positively impacts financial behavior while perceived usefulness of financial technology variables does not affect financial behavior. Mediation results showsthat financial literacy is able to mediate perceived usefulness of financial technology and financial socialization towards financial behavior of university students in Surabaya. Through this research is expected to be the reference for various parties, especially for curriculum makers to consider optimization technical teaching strategies and assessment indicators in basic financial outreach.
{"title":"Analysis of The Benefits of Financial Technology and Financial Socialization Towards Financial Behavior in Students in Surabaya Post Pandemic with Financial Literacy as The Intervening Variable","authors":"Wirawan Dwi Radianto, Angelina Suryanto","doi":"10.33086/bfj.v8i1.4138","DOIUrl":"https://doi.org/10.33086/bfj.v8i1.4138","url":null,"abstract":"The purpose of this study is to investigate financial behavior among university students in Surabaya and analyze the relationship between perceived usefulness of financial technology, financial socialization, and financial literacy as an intervening variable. Conclusive causality research is used for this research with primary data collected from questionnaires. The sampling techniques used a combination of proportional stratified random sampling and purposive sampling towards 466 university students from 6 universities in Surabaya. Data analyzed using Partial Least Squares - Structural Equation Model (PLS-SEM) techniques. The result shows that financial literacy and financial socialization positively impacts financial behavior while perceived usefulness of financial technology variables does not affect financial behavior. Mediation results showsthat financial literacy is able to mediate perceived usefulness of financial technology and financial socialization towards financial behavior of university students in Surabaya. Through this research is expected to be the reference for various parties, especially for curriculum makers to consider optimization technical teaching strategies and assessment indicators in basic financial outreach.","PeriodicalId":45715,"journal":{"name":"Australasian Accounting Business and Finance Journal","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135950505","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}
Hein Ko Ko Htet, None Indrianawati Usman, None M. Yusak Anshori
Digital twin is a revolutionizing technology. It involves sophisticated models such as real-time data, history data, simulation, machine learning, sensor updates which can reflect almost every detail of the physical objects, procedures, and services. Digital twin technology would be replicated the physical world into a virtual world in the future. Digital twin technology is considered state-of-the-art, but full implementation has yet to occur due to technical challenges and delays. The researchers have to create all the unique and specialized components of the thing or system and collect and combine a massive amount of diverse data. Since, many researchers and employees from some industries such as architecture, health care and engineering are still not completely understood about the technologies and tools used in digital twin technology. This paper illustrates scoping reviews of the characterization, implementation processes of digital twin in business information technology within 5 years period from 2018 to 2022. Furthermore, Digital Twin current applications in three different territories are also outlined in this paper. The purpose of the paper is to understand systematically about the digital twin technology process in different fields.
{"title":"Digital Twin Technology: A Scoping Review of Characterization and Implementation Through Business IT Perspectives","authors":"Hein Ko Ko Htet, None Indrianawati Usman, None M. Yusak Anshori","doi":"10.33086/bfj.v8i1.3662","DOIUrl":"https://doi.org/10.33086/bfj.v8i1.3662","url":null,"abstract":"Digital twin is a revolutionizing technology. It involves sophisticated models such as real-time data, history data, simulation, machine learning, sensor updates which can reflect almost every detail of the physical objects, procedures, and services. Digital twin technology would be replicated the physical world into a virtual world in the future. Digital twin technology is considered state-of-the-art, but full implementation has yet to occur due to technical challenges and delays. The researchers have to create all the unique and specialized components of the thing or system and collect and combine a massive amount of diverse data. Since, many researchers and employees from some industries such as architecture, health care and engineering are still not completely understood about the technologies and tools used in digital twin technology. This paper illustrates scoping reviews of the characterization, implementation processes of digital twin in business information technology within 5 years period from 2018 to 2022. Furthermore, Digital Twin current applications in three different territories are also outlined in this paper. The purpose of the paper is to understand systematically about the digital twin technology process in different fields.","PeriodicalId":45715,"journal":{"name":"Australasian Accounting Business and Finance Journal","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135950503","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 examines the long-term relationships between imports, inflation, and Foreign Direct Investment (FDI) influx in Ghana and their impact on productivity expansion. Using World Bank data from 1990 to 2019, the study applies statistical tests such as the ADF unit root test, Johansen cointegration test, vector error correction model, and Granger causality test. The results show that Ghana's economic growth is long-term dependent on imports and FDI influx. The Johansen tests reveal a long-term correlation between these factors, indicating a sustained relationship. Additionally, inflation negatively affects FDI, imports, and GDP. The Granger causality test identifies a short-run unidirectional effect between the variable. However, the vector error correction model (VECM) does not confirm a long-term relationship between imports and GDP as established by the Johansen test. The study suggests that FDI inflows are more effective than imports and inflation in the Ghanaian economy. Furthermore, the literature review highlights the significant impact of the COVID-19 pandemic on global trade, including agricultural exports to China. China’s early effective management of the pandemic and strategic actions have helped mitigate some of the negative effects on their total exports.
{"title":"Dynamism Between, Import, Foreign Direct Investment Inflow, Inflation and Covid-19 on Economic Growth: Evidence from Ghana","authors":"Alexander Amo Baffour, Evans Yeboah","doi":"10.33086/bfj.v8i1.3540","DOIUrl":"https://doi.org/10.33086/bfj.v8i1.3540","url":null,"abstract":"This research examines the long-term relationships between imports, inflation, and Foreign Direct Investment (FDI) influx in Ghana and their impact on productivity expansion. Using World Bank data from 1990 to 2019, the study applies statistical tests such as the ADF unit root test, Johansen cointegration test, vector error correction model, and Granger causality test. The results show that Ghana's economic growth is long-term dependent on imports and FDI influx. The Johansen tests reveal a long-term correlation between these factors, indicating a sustained relationship. Additionally, inflation negatively affects FDI, imports, and GDP. The Granger causality test identifies a short-run unidirectional effect between the variable. However, the vector error correction model (VECM) does not confirm a long-term relationship between imports and GDP as established by the Johansen test. The study suggests that FDI inflows are more effective than imports and inflation in the Ghanaian economy. Furthermore, the literature review highlights the significant impact of the COVID-19 pandemic on global trade, including agricultural exports to China. China’s early effective management of the pandemic and strategic actions have helped mitigate some of the negative effects on their total exports.","PeriodicalId":45715,"journal":{"name":"Australasian Accounting Business and Finance Journal","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135950669","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 objective of this study to identify Good Corporate Governance and Tax Planning on Firm Value using secondary data taken from the annual financial statements of companies listed on IDX during the 2017-2020 period. The method in this study is purposive sampling, which consists of 11 companies that have been selected for sample. Independent variables in this study are managerial ownership, institutional ownership, independent board of commissioners, audit committee, tax planning. Dependent variable use in this study is firm value. The data analysis method used multiple linear regression using SPPS 25 software with a significant level of 0.05. The results of this study indicate that managerial ownership and institutional ownership have a positive effect on firm value, the board of commissioners has a negative effect on firm value, audit committees and tax planning have no effect on firm value.
{"title":"Implementation of Good Corporate Governance and Tax Planning On Company Value","authors":"Heni Agustina, None Khannifah Rahmadhani, None Rizqi Putri Nourma Budiarti, None Rizki Amalia Elfita, None Mohamad Rijal Iskandar Zhulqurnain","doi":"10.33086/bfj.v8i1.4125","DOIUrl":"https://doi.org/10.33086/bfj.v8i1.4125","url":null,"abstract":"The objective of this study to identify Good Corporate Governance and Tax Planning on Firm Value using secondary data taken from the annual financial statements of companies listed on IDX during the 2017-2020 period. The method in this study is purposive sampling, which consists of 11 companies that have been selected for sample. Independent variables in this study are managerial ownership, institutional ownership, independent board of commissioners, audit committee, tax planning. Dependent variable use in this study is firm value. The data analysis method used multiple linear regression using SPPS 25 software with a significant level of 0.05. The results of this study indicate that managerial ownership and institutional ownership have a positive effect on firm value, the board of commissioners has a negative effect on firm value, audit committees and tax planning have no effect on firm value.","PeriodicalId":45715,"journal":{"name":"Australasian Accounting Business and Finance Journal","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135950670","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}
Indonesia’s age demographic bonus increases in 2021, it indicates a positive signal towards the higher proportion of productive age which has implications for increasing competitiveness and bargaining power of the Indonesian people. Since the Covid-19 pandemic, technology has been widely used in the teaching and learning process. As an effort to improve the learning process, support from several aspects is needed, one of the important things is the learning model itself. The virtual face-to-face learning model (Online) adopted in this study includes 4 stages (4P) namely Pembukaan (opening), Pendalaman (deepening), Penerapan (application), and Perenungan (reflection), supported by the use of technology in teaching and learning activities. This study aims to determine the effectiveness of the learning process using the 4P learning model, and the use of technology in improving knowledge, skills, and attitudes in the student learning process. The research method was implemented through limited trials on 2 subjects: Risk Management and Sustainable Tourism Management, by adapting the classroom action research model. While the data analysis used in this research is descriptive analysis. From the research, it was found that there was an increase in students' pre-test and post-test scores for two courses, this concluded that the 4P learning model succeeded in increasing student competence and could be applied in various courses at different times.
{"title":"Enhancing Student Learning in Tourism Program through a Technology-Based Constructive Learning Model: The Case of Universitas Ciputra","authors":"None Lexi Pranata Budidharmanto, Lucky Cahyana Subadi, Hilda Yunita Wono, None Ellen Lawrencia Yahya, Karina Enny Agustina","doi":"10.33086/bfj.v8i1.4128","DOIUrl":"https://doi.org/10.33086/bfj.v8i1.4128","url":null,"abstract":"Indonesia’s age demographic bonus increases in 2021, it indicates a positive signal towards the higher proportion of productive age which has implications for increasing competitiveness and bargaining power of the Indonesian people. Since the Covid-19 pandemic, technology has been widely used in the teaching and learning process. As an effort to improve the learning process, support from several aspects is needed, one of the important things is the learning model itself. The virtual face-to-face learning model (Online) adopted in this study includes 4 stages (4P) namely Pembukaan (opening), Pendalaman (deepening), Penerapan (application), and Perenungan (reflection), supported by the use of technology in teaching and learning activities. This study aims to determine the effectiveness of the learning process using the 4P learning model, and the use of technology in improving knowledge, skills, and attitudes in the student learning process. The research method was implemented through limited trials on 2 subjects: Risk Management and Sustainable Tourism Management, by adapting the classroom action research model. While the data analysis used in this research is descriptive analysis. From the research, it was found that there was an increase in students' pre-test and post-test scores for two courses, this concluded that the 4P learning model succeeded in increasing student competence and could be applied in various courses at different times.","PeriodicalId":45715,"journal":{"name":"Australasian Accounting Business and Finance Journal","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135950672","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 primary goal of this research is to identify the factors that influence agency costs in publicly listed IT firms in Bangladesh. The research is based on secondary data obtained from nine IT firms listed on the Dhaka Stock Exchange (DSE) between 2018 and 2021, providing thirty-five firm-year observations. The effects of eight independent factors: board size, firm size, female directors, independent directors, managerial ownership, foreign ownership, institutional ownership, and leverage are examined in this study. For measuring the agency costs, the Asset Utilization Ratio (AUR) and Expense Ratio (EXR) have been employed as proxies. An ordinary least square (OLS) regression model has been used to test the hypothesized model. The study findings indicate that managerial ownership and institutional ownership are inversely and significantly associated with agency costs. In contrast, the board size, independent directors, and foreign ownership have a direct and significant relationship with agency costs. However, the relationship between agency costs and leverage or firm size cannot be determined. Besides, no statistically significant association has been found between female directors and agency costs. Being the first of its kind, the research findings can assist policymakers figure out what causes agency costs in IT firms and then take the right steps to reduce them.
{"title":"Factors Influencing Agency Costs in the Publicly Listed IT Firms: Evidence from Bangladesh","authors":"Muntaqim Chowdhury, Imroz Mahmud, Md. Mehrabul Hoque","doi":"10.33086/bfj.v8i1.3460","DOIUrl":"https://doi.org/10.33086/bfj.v8i1.3460","url":null,"abstract":"The primary goal of this research is to identify the factors that influence agency costs in publicly listed IT firms in Bangladesh. The research is based on secondary data obtained from nine IT firms listed on the Dhaka Stock Exchange (DSE) between 2018 and 2021, providing thirty-five firm-year observations. The effects of eight independent factors: board size, firm size, female directors, independent directors, managerial ownership, foreign ownership, institutional ownership, and leverage are examined in this study. For measuring the agency costs, the Asset Utilization Ratio (AUR) and Expense Ratio (EXR) have been employed as proxies. An ordinary least square (OLS) regression model has been used to test the hypothesized model. The study findings indicate that managerial ownership and institutional ownership are inversely and significantly associated with agency costs. In contrast, the board size, independent directors, and foreign ownership have a direct and significant relationship with agency costs. However, the relationship between agency costs and leverage or firm size cannot be determined. Besides, no statistically significant association has been found between female directors and agency costs. Being the first of its kind, the research findings can assist policymakers figure out what causes agency costs in IT firms and then take the right steps to reduce them.","PeriodicalId":45715,"journal":{"name":"Australasian Accounting Business and Finance Journal","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135950673","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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