African Journal of Economic and Management Studies最新文献

{"title":"Analisis Kendala Pengembangan Pertumbuhan Produksi Perusahaan Semen dan Struktur Keuangan terhadap Kinerja SCM di Periode Pandemi","authors":"Adiba Fuad Syamlan, Djoko Soelistya, Rachmad Ilham","doi":"10.46772/jecma.v6i2.1109","DOIUrl":"https://doi.org/10.46772/jecma.v6i2.1109","url":null,"abstract":"The success of companies in today's global competition is strongly influenced by their ability to utilize resources. In our country, which has an open market system with government linkages through the customs and excise department of state-owned enterprises, development is very rapid. Management teams in the project business are faced with the challenge of making choices and decisions that support desired goals, even though change often complicates their task. Researchers make earlystage observations to obtain data and manage it to show the progress of achievement in each buyer's transaction during a certain period. In managing a business, there are two competing theories, namely maximizing producer surplus and maximizing stakeholder surplus. Both of these theories can be alternatives that compete or complement each other. It is important for companies to understand and implement expansion, which is the expansion of the company's territory by occupying other areas either partially or wholly. This aims to achieve efficiency, gain higher profits, and remain competitive. This study uses a combination of qualitative and quantitative methods, with a focus on the effect of changes in work pattern systems on improving company performance and profits. The results of the study show that changes in work pattern systems have a positive impact on companies, increasing activities and the range of products offered. These changes also affected the performance of all employees in the marketing division and the company as a whole. In order to reach a conclusion, this study confirms that the change in the work pattern system is more profitable than the previous pattern system, because it has brought development to the company with a positive influence on performance and profits, as well as affecting the overall company turnover.","PeriodicalId":46031,"journal":{"name":"African Journal of Economic and Management Studies","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135619475","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}

{"title":"Determinasi Faktor Yang Memengaruhi Keputusan Manajemen Dalam Berinvestasi","authors":"Editya Nurdiana, Tika Septiani, Putri Puspita Ayu","doi":"10.46772/jecma.v6i2.1288","DOIUrl":"https://doi.org/10.46772/jecma.v6i2.1288","url":null,"abstract":"Penelitian ini bertujuan untuk mengetahui dan menganalisis pengaruh Earning Per Share, Net Profit Margin dan Debt to Equity Ratio terhadap Harga Saham. Unit analisis yang diteliti yaitu perusahaan sub sektor Perdagangan Eceran yang terdaftar di Bursa Efek Indonesia periode 2018-2022. Penentuan sampel menggunakan metode purpose sampling sehingga diperoleh sampel sebanyak 8 perusahaan dengan jangka waktu 6 tahun. Jenis penelitian yang digunakan yaitu asosiatif yang bertujuan untuk mengetahui hubungan antara dua variabel atau lebih yang bersifat sebab akibat. Data yang digunakan adalah laporan keuangan dan laporan tahunan (annual report), sumber data berasal dari www.idx.co.id teknik analisis data dengan menggunakan analisis regresi linear berganda dengan Harga Saham sebagai variabel dependent sedangkan Earning Per Share, Net Profit Margin dan Debt to Equity Ratio sebagai variabel independet. Pengolahan data ini menggunakan alat bantu IBM SPSS Versi 23. Metode penelitian yang digunakan yaitu statistik deskriptif, uji asumsi klasik, analisis regresi berganda, uji hoipotesis t dan uji hipotesis F. Hasil peneltian menunjukkan bahwa secara parsial Earning Per Share, Net Profit Margin berpengaruh terhadap Harga Saham sedangkan Debt to Equity Ratio tidak berpengaruh terhadap harga saham. Hasil penelitian menunjukkan bahwa secara simultan Earning Per Share, Net Profit Margin dan Debt to Equity Ratio berpengaruh terhadap Harga Saham.","PeriodicalId":46031,"journal":{"name":"African Journal of Economic and Management Studies","volume":"46 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135619477","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}

{"title":"Pengaruh Managerial Ownership, Company Growth, Investment Opportunity Set, dan Debt Covenant terhadap Konservatisme Akuntansi","authors":"Raja Vanaldo Boang Manulu, Okta Fiana","doi":"10.46772/jecma.v6i2.1228","DOIUrl":"https://doi.org/10.46772/jecma.v6i2.1228","url":null,"abstract":"This study aims to determine the influence of managerial ownership, company growth, investment opportunity set, and debt covenant on accounting conservatism in manufacturing companies in the consumer goods industry sector listed on the Indonesia Stock Exchange in 2019-2021. This research uses a quantitative approach. The sampling technique uses a non-probability sampling method for the type of sampling is purposive sampling. The population in this study includes thirtytwo manufacturing companies in the consumer goods industry sector listed on the Indonesia Stock Exchange in 2019-2021. The data analysis method used is panel data regression analysis. The results of this study show that simultaneously managerial ownership, company growth, investment opportunity set, and debt covenant have a significant effect on accounting conservatism. The results of the panel data regression test can partially be seen that company growth and investment opportunity set have proven to have a positive and significant effect on accounting conservatism. While managerial ownership and debt covenants have a negative and significant effect on accounting conservatism.","PeriodicalId":46031,"journal":{"name":"African Journal of Economic and Management Studies","volume":"22 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135619476","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}

{"title":"Dampak Kepemimpinan Transformasional Terhadap Pengembangan Karier dan Motivasi Kerja Pegawai di Kelurahan Tembong","authors":"Muhammad Arif Rahman","doi":"10.46772/jecma.v6i2.1232","DOIUrl":"https://doi.org/10.46772/jecma.v6i2.1232","url":null,"abstract":"This study aims to determine how much impact the workload has on job satisfaction. Quantitative causality is used as research design. Respondents were 188 nurses at the Bakti Timah Pangkalpinang Hospital. PLS SEM is used as a data analysis method. The results of the study found that workload had a significant negative impact on job satisfaction. Hospital management can increase nurse job satisfaction by reducing work demands through support provided by colleagues and superiors, fairness in dividing workloads, and more flexible working time. This research contributes to efforts to increase job satisfaction through workload on nurses.","PeriodicalId":46031,"journal":{"name":"African Journal of Economic and Management Studies","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135619478","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}

{"title":"Can national productions replace imports in West African countries? Estimation of the Marshall–Lerner–Robinson condition (MLRC)","authors":"Laurent Oloukoi","doi":"10.1108/ajems-05-2022-0205","DOIUrl":"https://doi.org/10.1108/ajems-05-2022-0205","url":null,"abstract":"PurposeThis article examines if the national productions of West African Economic and Monetary Union (WAEMU) countries can be substituted for the imports by testing MLRC in these countries.Design/methodology/approachThe Mundell–Fleming model (MMF) is the analytical framework adopted in this paper with import demand and export supply functions estimation borrowed to Thirlwall (1979). This study covers four countries in West Africa from 1990 to 2021. The estimation procedure used is an Autoregressive Distributed Lag (ARDL) approach to cointegration.FindingsThe findings reveal that there is a strong marginal propensity to import in the WAEMU countries. The hypothesis of a non-significant price effect on imports in the short-term is confirmed for several countries while only Togo satisfies the MLRC in the short and long run.Originality/valueThis study presents several originalities: (1) it evaluates MLRC with a clear analytical framework; (2) unlike other studies, this article quantifies the MLRC from a theoretical, econometric and empirical point of view; (3) this article presents the results country by country in order to reveal heterogeneity between countries; (4) this study adds to the Marshall–Lerner condition for the derivation of Robinson by considering a situation where initially the trade balance is not in equilibrium.","PeriodicalId":46031,"journal":{"name":"African Journal of Economic and Management Studies","volume":" ","pages":""},"PeriodicalIF":1.3,"publicationDate":"2023-08-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43967544","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}

{"title":"What factors influence household financial decisions in Malawi?","authors":"Paul Kachepa, Muhammad Zubair Mumtaz","doi":"10.1108/ajems-11-2022-0470","DOIUrl":"https://doi.org/10.1108/ajems-11-2022-0470","url":null,"abstract":"PurposeThis study investigates the factors influencing household financial choices in Malawi. The authors also compare how household financial decisions differ in urban and rural areas.Design/methodology/approachThe authors utilize the logit model to examine the factors that influence household financial decisions using the Malawi Integrated Household Survey 2019–20, while Oaxaca–Blinder decomposition is used to estimate the variations in household financial decisions between urban and rural areas.FindingsThe authors find that the likelihood of saving increases with income, secondary and tertiary education, and age. The likelihood of saving also decreases with household size and remittances. Additionally, the authors report that marriage reduces the likelihood of loans, whereas sex, age, and income raise the likelihood of loans. According to this study’s findings, income discrepancies between urban and rural samples account for most observed household financial variations. The authors also find that most of the observed variations in household financial decision-making between urban and rural households are reduced when income equality, participation in agriculture, university education, and household size are considered.Originality/valueUsing data from the Malawi Integrated Household Survey 2019–20, this research analyzes the components that affect household financial decisions. While most studies only look at one component of household finances, this study concurrently addresses debt and savings. The study also evaluates whether changes in the variables between urban and rural households impact those households' financing choices.","PeriodicalId":46031,"journal":{"name":"African Journal of Economic and Management Studies","volume":" ","pages":""},"PeriodicalIF":1.3,"publicationDate":"2023-08-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49379764","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}

{"title":"Creativity, innovation and employment growth in sub-Saharan Africa","authors":"S. K. Medase, I. Savin","doi":"10.1108/ajems-02-2022-0074","DOIUrl":"https://doi.org/10.1108/ajems-02-2022-0074","url":null,"abstract":"PurposeAlthough employees' creativity is vital for firm innovation and overall performance, little is done to examine the potential association between creativity and employment. This paper investigates the contribution of employees' creativity, process and product innovations to firm-level employment growth.Design/methodology/approachThe authors use data from World Bank Enterprise Survey and Innovation Follow-up Survey on 9503 firms covering the period 2012–2015 in 11 countries from sub-Saharan Africa and Heckman's two-stage estimation model.FindingsThis study's results indicate a positive role of creativity on firm-level employment growth. In addition, the authors find evidence for a complementary effect arising from the combination of creativity with managerial experience, staff level of education and their associated skills, in contrast, combining creativity with internal or external R&D results in a substitution effect. Interestingly, these synergy effects are pronounced for SMEs but absent for large firms.Practical implicationsPolicy makers in developing economies of sub-Saharan Africa should stimulate company management to use free time offered to employees to be creative in the workplace as one of their key strategies to stimulate employment growth. This strategy is expected to be particularly fruitful among SMEs having some managerial experience and skilled stuff.Originality/valueIn contribution to innovative work practices and workforce creativity, the authors demonstrate that providing employees with free time could be an alternative way to enhance the focal firms' performance.","PeriodicalId":46031,"journal":{"name":"African Journal of Economic and Management Studies","volume":" ","pages":""},"PeriodicalIF":1.3,"publicationDate":"2023-08-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41780846","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}

{"title":"Entrepreneurship and internationalisation: to what extent do the perceptions of male and female entrepreneurs differ on success factors","authors":"O. B. Damoah","doi":"10.1108/ajems-09-2022-0355","DOIUrl":"https://doi.org/10.1108/ajems-09-2022-0355","url":null,"abstract":"PurposeThe purpose of the paper is to explore gender variations in entrepreneurship and internationalisation from the perspective of the resource-based view (RBV) of the firm; in particular, the paper explores how differences in the personal idiosyncrasies of both males and females in part account for the variations in export internationalisation.Design/methodology/approachThe study draws on extant literature on the critical success factors in entrepreneurship and internationalisation research (e.g. foreign market knowledge, firm-level technology and firm age) as the conceptual framework to explore the issue. The study is based on 21 male and 17 female export entrepreneurs from Ghana and uses a descriptive research design (i.e. frequencies and chi-square test) to analyse the results.FindingsThe results show that the perceptions of male and female exporters differ on key internationalisation success factors based on extant literature. Implicitly, whilst both groups shared a similar degree of basic knowledge on a few export success factors, across most of the other key export success factors, the male counterparts demonstrated a more expanded view compared to the females. The results support the assumption of the RBV theory applied in this study to argue that to account properly for the internationalisation outcomes of small and medium-sized enterprises (SMEs), the personality characteristics of the owner entrepreneurs are critical resources which cannot be ignored.Research limitations/implicationsIn terms of limitation, the study is exploratory study based on non-probability sampling methods using descriptive frequencies tables and analysis of chi-square test and so readers must bear this limitation in mind in interpreting the results to improve on future studies.Originality/valueThe paper contributes to the empirical literature by offering a unique perspective regarding how women and men perceive and interpret export success factors and how that impacts on the internationalisation outcomes of women and men. The paper responds to calls by researchers (e.g. Terjesen et al., 2011; Ratten and Tajeddini, 2018; Kuschel and Labra, 2018; Javadian and Richards, 2020) to populate studies on the topic to deepen the present understanding. By using data from Ghana, West Africa, the study sheds a fresh insight on the topic from an under-studied and under-researched geographical context.","PeriodicalId":46031,"journal":{"name":"African Journal of Economic and Management Studies","volume":" ","pages":""},"PeriodicalIF":1.3,"publicationDate":"2023-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41334342","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}

{"title":"Economic growth, inflation and unemployment in Africa: an autoregressive distributed lag bounds testing approach, 1991–2019","authors":"Mario Gómez, Oluwasefunmi Eunice Irewole","doi":"10.1108/ajems-09-2022-0378","DOIUrl":"https://doi.org/10.1108/ajems-09-2022-0378","url":null,"abstract":"PurposeUnemployment is one of the major challenges facing most countries, including Africa as a continent. Seeking how to reduce unemployment, debt, inflation and increase gross domestic product (GDP), foreign direct investment (FDI) and gross capital formation in the continent has been an agenda of governments, policy makers and economists to. This study examines the relationship between economic growth, inflation, debt, FDI, gross capital formation, labor force, population and unemployment in Africa.Design/methodology/approachAn updated panel dataset of 29 African countries was selected from different regions from 1991 to 2019. These countries were selected based on their unemployment, population growth and inflation rates. The Pesaran cross-sectional dependence and panel unit root test (the Dickey–Fuller cross-sectional supplemented and the Im-Pesaran-Shin cross-sectional) were applied. Further, the panel Autoregressive Distributed Lag (ARDL) model (Bounds test) and pooled mean group (PMG) estimator were utilized in this work.FindingsThis shows that economic growth, debt, labor force and population have a positive relationship with unemployment in the long run. Therefore, an increase in these variables generates an increase in the selected African countries' unemployment growth. In contrast, inflation, FDI and gross capital formation have a negative relationship with unemployment in the long run, which implies that an increase in these variables reduces unemployment in the selected African countries.Research limitations/implicationsThis study has potential limitations because some data from the countries are not up to date and some years are missing from the data.Practical implicationsThis study contributes to understanding unemployment and Okun's law in the African economy. This study shows that an increase in economic growth leads to a rise in unemployment, while an increase in inflation leads to a decrease in unemployment.Originality/valueThis paper provides an insight into the major factors that increase and reduces unemployment for government and policy marker to take the adequate measure.","PeriodicalId":46031,"journal":{"name":"African Journal of Economic and Management Studies","volume":" ","pages":""},"PeriodicalIF":1.3,"publicationDate":"2023-07-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47801777","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}

{"title":"Business climate and sustainability of Cameroonian small and medium enterprises in times of COVID-19","authors":"Rovier Djeudja, Yang Salamon","doi":"10.1108/ajems-05-2022-0214","DOIUrl":"https://doi.org/10.1108/ajems-05-2022-0214","url":null,"abstract":"Purpose The purpose of this study is to evaluate the contribution of the business climate on the sustainability of Cameroonian small- and medium-sized enterprises (SMEs) in times of coronavirus disease 2019 (COVID-19).Design/methodology/approach To achieve this purpose, the study proceed with a quantitative analysis using the simple LOGIT model on a sample of 52 individuals.Findings Through the administration of questionnaires and estimations, results reveal that certain variables such as the taxation regime of the enterprise, the different types of taxes paid by the enterprise, the frequency of payment of income tax, the nature of the training of managers, the clauses of the debt contracts with banks/EMFs (Microfinance institution), the time taken to apply for a loan from the bank and the nature of the manager’s training have a negative influence on the sustainability of Cameroonian SMEs during COVID-19, while others such as the evolution of financial profitability in the context of the coronavirus pandemic in Cameroon, the company’s sector of activity and the main methods of financing the SME have a positive influence on the sustainability of Cameroonian SMEs during COVID-19 pandemic. The improvement of the business climate by the institutional authorities is, therefore, essential in the perspective of an eventual development of the country; the said development cannot take place without capitalizing on the potential for income and job creation by SMEs.Research limitations/implications The first limitation is related to the size of the sample and also to the specificity of our study. In fact, the study is conducted among individuals/actors likely to have access to information on the business climate and sustainability of Cameroonian SMEs at the time of COVID-19 encountered in the city of Yaoundé. In this context, the sample size is considered to be small (52). This element does not immediately allow the results of the present research to be generalized to all regions where SMEs are located in Cameroon, as other criteria or other elements must still be taken into account and the results obtained must, therefore, be interpreted with caution. This research could be deepened in the future by considering more business climate variables on the one hand and a larger sample size extended to all cities in Cameroon on the other.Practical implications The results of this research confirm the importance of institutional bodies establishing a rigorous policy of support for businesses. Such a policy would contribute to improving the business climate and extend beyond mere resilience.Originality/value The originality of this study lies in the fact that it looks at the sustainability of SMEs in the context of the COVID-19 pandemic in Cameroon using a simple LOGIT econometric model.","PeriodicalId":46031,"journal":{"name":"African Journal of Economic and Management Studies","volume":" ","pages":""},"PeriodicalIF":1.3,"publicationDate":"2023-07-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47445245","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}