Using the autoregressive distributed lag (ARDL) method, the study looked at how remittances affected secondary school enrollment in Nigeria. The research uses annual data from 1981 to 2022. Remittances from overseas, GDP per capita, gross fixed capital formation, inflation, and the ratio of tertiary school enrollment are the five channels that are taken into consideration. The findings show that the remittances coefficient indicates a one-unit increase in remittances leads to a -0.0168-unit decrease in the secondary school enrollment rate, although not statistically significant. This suggests that when remittances are used for basic needs like housing, healthcare, and daily expenses, there is less money available for schooling. Families may feel that the high fees are excessive and that income dynamics cannot support the costs of secondary education. The findings also show that the log of GDP per capita is associated with a 0.0626-unit increase in the log of secondary school enrollment rate. Tertiary school enrollment is associated with an increase in the current log of secondary school enrollment rates because higher secondary school enrollment rates are driven by increased education desires, tertiary opportunities, and better access. The study concludes that while remittances have the potential to impact educational decisions and outcomes in general, they had no effect on secondary school enrollment rates in Nigeria or during the study period, and it suggests that the government look into the challenges faced by families that rely on remittances for education. Pay careful attention to the outcomes of implemented policies and programmes so that you can assess their effectiveness and adjust as needed in response to community input.
{"title":"Secondary School Enrollment in Nigeria: The Role of Remittances from Abroad","authors":"Ihugba, Okezie A., Okoroafor, Stella N.","doi":"10.47191/jefms/v7-i5-24","DOIUrl":"https://doi.org/10.47191/jefms/v7-i5-24","url":null,"abstract":"Using the autoregressive distributed lag (ARDL) method, the study looked at how remittances affected secondary school enrollment in Nigeria. The research uses annual data from 1981 to 2022. Remittances from overseas, GDP per capita, gross fixed capital formation, inflation, and the ratio of tertiary school enrollment are the five channels that are taken into consideration. The findings show that the remittances coefficient indicates a one-unit increase in remittances leads to a -0.0168-unit decrease in the secondary school enrollment rate, although not statistically significant. This suggests that when remittances are used for basic needs like housing, healthcare, and daily expenses, there is less money available for schooling. Families may feel that the high fees are excessive and that income dynamics cannot support the costs of secondary education. The findings also show that the log of GDP per capita is associated with a 0.0626-unit increase in the log of secondary school enrollment rate. Tertiary school enrollment is associated with an increase in the current log of secondary school enrollment rates because higher secondary school enrollment rates are driven by increased education desires, tertiary opportunities, and better access. The study concludes that while remittances have the potential to impact educational decisions and outcomes in general, they had no effect on secondary school enrollment rates in Nigeria or during the study period, and it suggests that the government look into the challenges faced by families that rely on remittances for education. Pay careful attention to the outcomes of implemented policies and programmes so that you can assess their effectiveness and adjust as needed in response to community input.","PeriodicalId":497608,"journal":{"name":"Journal of economics, finance and management studies","volume":"85 7","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140978300","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 the relationship between idiosyncratic risks, foreign direct investment (FDI), and economic growth in ASEAN countries using data from 2013 to 2022. Idiosyncratic risks refer to specific assets or individual sectors, distinct from systemic or market-wide risk. This study aims to determine whether idiosyncratic risks affect the ASEAN region's FDI flows and economic growth. The study uses structural equation modeling (SEM) analysis to analyze the ASEAN Statistical Database data. Regression weights are used to evaluate the relationship between idiosyncratic risks, FDI, inflation, SDG availability, and economic growth. The results indicate that although there is no significant direct relationship between idiosyncratic risk and FDI inflows, there is a significant positive correlation between idiosyncratic risk and economic growth. These findings have implications for policymakers and investors seeking to promote sustainable economic development in ASEAN countries. Understanding the dynamics of specific risks can inform strategies to attract FDI and stimulate economic growth. This study contributes to the theoretical basis of risk management and economic development in emerging market economies such as those in the ASEAN region.
{"title":"Understanding Idiosyncratic Risk and Economic Growth in ASEAN","authors":"Marselinus Asri","doi":"10.47191/jefms/v7-i5-28","DOIUrl":"https://doi.org/10.47191/jefms/v7-i5-28","url":null,"abstract":"This study examines the relationship between idiosyncratic risks, foreign direct investment (FDI), and economic growth in ASEAN countries using data from 2013 to 2022. Idiosyncratic risks refer to specific assets or individual sectors, distinct from systemic or market-wide risk. This study aims to determine whether idiosyncratic risks affect the ASEAN region's FDI flows and economic growth. The study uses structural equation modeling (SEM) analysis to analyze the ASEAN Statistical Database data. Regression weights are used to evaluate the relationship between idiosyncratic risks, FDI, inflation, SDG availability, and economic growth. The results indicate that although there is no significant direct relationship between idiosyncratic risk and FDI inflows, there is a significant positive correlation between idiosyncratic risk and economic growth. These findings have implications for policymakers and investors seeking to promote sustainable economic development in ASEAN countries. Understanding the dynamics of specific risks can inform strategies to attract FDI and stimulate economic growth. This study contributes to the theoretical basis of risk management and economic development in emerging market economies such as those in the ASEAN region.","PeriodicalId":497608,"journal":{"name":"Journal of economics, finance and management studies","volume":"12 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140981860","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}
As the Caribbean financial market becomes increasingly competitive as a result of the increasingly more innovative fintech companies and other revolutionary traditional banks’ activities, a critical analysis of the internal and external variables and changes that can undermine a bank’s effective market performance is essential for discerning the improvement strategies that must be adopted. However, the challenge has often arisen from lack of the accurate approach for accomplishing such internal and external analysis. To fill such a gap, this study uses integrative review as one of the techniques of qualitative-content analysis to evaluate different banking performance improvement strategies and strategic management theories. Through such analysis, the study aimed to discern the integrated strategic analytical framework that can be extracted and suggested to the banking executives for analysing and improving a bank’s market performance during periods of disruptive competition. To improve a bank’s effective market performance during periods of enormous disruptions, social construction and re-construction of the merging findings imply that the accurate analysis and response to the unfolding changes in the external trends will require the banking executives to use the three frameworks’ strategic analysis to inform the competitive course of directions that the bank can undertake. The Three-Frameworks’ Strategic Analysis will require the banking executives to evaluate the stage of its industry growth stages in conjunction with the use of Porter’s “Five Forces of Industry Analysis” and Porter’s “Four Corners of Competitors’ Analysis”. Following the accurate understanding of the industry and market dynamics, findings suggest the bank executives can then craft and apply the strategies for leveraging their competitiveness whilst also countering disrupters. Such strategies would require increasing the investment in R&D to introduce novel digital banking technologies as well as the introduction of novel digital financial products/services that respond or even exceed the unfolding customer expectations. Other critical strategies would require the assimilation or nurturing and integrating the most disruptive fintech companies as part of the essential business partners. Once these strategies are being executed, it is essential the banking executives must also analyse the impacts of such strategies on the improvement of a bank’s liquidity and profitability. Basing on such insights, the study enriches the existing theories by offering the Integrated Strategic Analytical Framework that the contemporary banking executives can adopt for analysing and improving a bank’s market performance during periods of disruptive competition. However, future research can still explore how improving employees’ creativity bolsters a bank’s innovativeness to catalyse its effective market performance during periods of disruptive competition.
{"title":"Integrated Strategic Analytical Framework for Analysing and Improving A Bank’s Market Performance during Periods of Disruptive Competition","authors":"Jennifer Davis- Adesegha","doi":"10.47191/jefms/v7-i5-22","DOIUrl":"https://doi.org/10.47191/jefms/v7-i5-22","url":null,"abstract":"As the Caribbean financial market becomes increasingly competitive as a result of the increasingly more innovative fintech companies and other revolutionary traditional banks’ activities, a critical analysis of the internal and external variables and changes that can undermine a bank’s effective market performance is essential for discerning the improvement strategies that must be adopted. However, the challenge has often arisen from lack of the accurate approach for accomplishing such internal and external analysis. To fill such a gap, this study uses integrative review as one of the techniques of qualitative-content analysis to evaluate different banking performance improvement strategies and strategic management theories. Through such analysis, the study aimed to discern the integrated strategic analytical framework that can be extracted and suggested to the banking executives for analysing and improving a bank’s market performance during periods of disruptive competition. To improve a bank’s effective market performance during periods of enormous disruptions, social construction and re-construction of the merging findings imply that the accurate analysis and response to the unfolding changes in the external trends will require the banking executives to use the three frameworks’ strategic analysis to inform the competitive course of directions that the bank can undertake. The Three-Frameworks’ Strategic Analysis will require the banking executives to evaluate the stage of its industry growth stages in conjunction with the use of Porter’s “Five Forces of Industry Analysis” and Porter’s “Four Corners of Competitors’ Analysis”. Following the accurate understanding of the industry and market dynamics, findings suggest the bank executives can then craft and apply the strategies for leveraging their competitiveness whilst also countering disrupters. Such strategies would require increasing the investment in R&D to introduce novel digital banking technologies as well as the introduction of novel digital financial products/services that respond or even exceed the unfolding customer expectations. Other critical strategies would require the assimilation or nurturing and integrating the most disruptive fintech companies as part of the essential business partners. Once these strategies are being executed, it is essential the banking executives must also analyse the impacts of such strategies on the improvement of a bank’s liquidity and profitability. Basing on such insights, the study enriches the existing theories by offering the Integrated Strategic Analytical Framework that the contemporary banking executives can adopt for analysing and improving a bank’s market performance during periods of disruptive competition. However, future research can still explore how improving employees’ creativity bolsters a bank’s innovativeness to catalyse its effective market performance during periods of disruptive competition.","PeriodicalId":497608,"journal":{"name":"Journal of economics, finance and management studies","volume":"44 14","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140981173","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 aims to refine the broad idea of innovation by focusing on four specific types: product innovation, organizational innovation, process innovation, and R&D. These four categories will be used to measure the extent of innovation. The statistical model is used to examine the association between such innovations and business performance. The model is based on a sample size of 7,788 enterprises, with data provided by the Vietnamese General Statistics Offices. The findings validate the presence of product innovation, organizational innovation, and R&D as factors influencing SME success. Among these factors, organizational innovation has the highest influence, followed by product innovation and R&D. The causal link between process innovation and SME performance remains unestablished, as SMEs, comprising 95% or more of the market, primarily allocate their investments towards organizational innovation, product or service innovation, and R&D. This discovery serves as a valuable point of reference for both businesses and policymakers. It highlights the importance of considering potential forms of support for SMEs in order to foster innovation and achieve success.
{"title":"Impact of Innovations on SME Performance in Ho Chi Minh City (Vietnam)","authors":"Ngo Giang Thy","doi":"10.47191/jefms/v7-i5-27","DOIUrl":"https://doi.org/10.47191/jefms/v7-i5-27","url":null,"abstract":"This study aims to refine the broad idea of innovation by focusing on four specific types: product innovation, organizational innovation, process innovation, and R&D. These four categories will be used to measure the extent of innovation. The statistical model is used to examine the association between such innovations and business performance. The model is based on a sample size of 7,788 enterprises, with data provided by the Vietnamese General Statistics Offices. The findings validate the presence of product innovation, organizational innovation, and R&D as factors influencing SME success. Among these factors, organizational innovation has the highest influence, followed by product innovation and R&D. The causal link between process innovation and SME performance remains unestablished, as SMEs, comprising 95% or more of the market, primarily allocate their investments towards organizational innovation, product or service innovation, and R&D. This discovery serves as a valuable point of reference for both businesses and policymakers. It highlights the importance of considering potential forms of support for SMEs in order to foster innovation and achieve success.","PeriodicalId":497608,"journal":{"name":"Journal of economics, finance and management studies","volume":"13 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140981728","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}
Women empowerment has become a subject of concern across the globe for the last few decades and the World Bank recommends that women empowerment should be a key area of social development programs. The main objective of this study was to assess the effect of table banking on economic empowerment of women in SME’s in Kirinyaga county, Kenya. The specific objectives of this study were: To examine effect of savings mobilization on economic empowerment of women, to explore the effect of professional support on the growth of women small medium enterprises, to examine the effect of group cohesiveness on economic empowerment of women, to establish how contribution of networking in table banking has contributed to economic empowerment of women. The theoretical framework for this study was based upon one model and two theories which will give an in-depth analysis of the problem. These are Lewin’s model, Resource Base Theory by Barney (1991) and group cohesion theory. Data was collected by use of questionnaires with the target population of 308 registered members practicing table banking. The data obtained was analyzed using SPSS and presented in the form of percentages, graphs, pie charts and tables. Descriptive statistics correlation analysis and multiple correlation analysis were also used to analyze the data. Findings from the study revealed that there was a positive relationship between table banking and economic empowerment of women in Kirinyaga county. The study revealed that Savings mobilization enabled women to save and access loans easily from table banking, Education, management training, management skills were found to be a key factor for women to be conversant with in order to excel in their businesses. Through group cohesiveness women were able to work together and sort out conflicts among themselves without difficulties. The findings also revealed that developing networks, new business contacts and relationships by women who own SMEs had a big impact on the performance of their enterprises. The study concluded that table banking was critical in the economic empowerment of women. The study recommends that the concept of table banking should be embraced by the government and policies should be formulated and implemented, as this will make it easy for women to be economically empowered.
{"title":"Effect of Table Banking on Economic Empowerment of Women in Small Medium Enterprises. A Case Study of Kirinyaga County Kenya","authors":"Emily Muriuki, David Kosgey, John Tarus","doi":"10.47191/jefms/v7-i5-25","DOIUrl":"https://doi.org/10.47191/jefms/v7-i5-25","url":null,"abstract":"Women empowerment has become a subject of concern across the globe for the last few decades and the World Bank recommends that women empowerment should be a key area of social development programs. The main objective of this study was to assess the effect of table banking on economic empowerment of women in SME’s in Kirinyaga county, Kenya. The specific objectives of this study were: To examine effect of savings mobilization on economic empowerment of women, to explore the effect of professional support on the growth of women small medium enterprises, to examine the effect of group cohesiveness on economic empowerment of women, to establish how contribution of networking in table banking has contributed to economic empowerment of women. The theoretical framework for this study was based upon one model and two theories which will give an in-depth analysis of the problem. These are Lewin’s model, Resource Base Theory by Barney (1991) and group cohesion theory. Data was collected by use of questionnaires with the target population of 308 registered members practicing table banking. The data obtained was analyzed using SPSS and presented in the form of percentages, graphs, pie charts and tables. Descriptive statistics correlation analysis and multiple correlation analysis were also used to analyze the data. Findings from the study revealed that there was a positive relationship between table banking and economic empowerment of women in Kirinyaga county. The study revealed that Savings mobilization enabled women to save and access loans easily from table banking, Education, management training, management skills were found to be a key factor for women to be conversant with in order to excel in their businesses. Through group cohesiveness women were able to work together and sort out conflicts among themselves without difficulties. The findings also revealed that developing networks, new business contacts and relationships by women who own SMEs had a big impact on the performance of their enterprises. The study concluded that table banking was critical in the economic empowerment of women. The study recommends that the concept of table banking should be embraced by the government and policies should be formulated and implemented, as this will make it easy for women to be economically empowered.","PeriodicalId":497608,"journal":{"name":"Journal of economics, finance and management studies","volume":"82 8","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140978686","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}
I. S. ( FCA, Ph.D), O. J. Adebowale, Bukola I. Fagbomedo, A. M. Lawal, K. S. Oyewole
In order to investigate the factors influencing the choices of investment properties of the firms listed on Nigeria Exchange Group (NGX), this study carried out an empirical investigation. 155 businesses that were listed on the Nigerian Exchange Group (NGX) as of December 31, 2022, made up the study's population. A purposive sampling strategy was used to select a sample size of fifty-five firms. Data were obtained from the companies' audited annual financial reports for the years 2012-2022. Panel data regression (PDR) was utilized for the analysis of data. The findings showed that the accounting choices made by businesses regarding the management of investment property are significantly influenced by both debt and business size. Furthermore, the choice of how to treat investment property in accounting is not much influenced by the degree of board independence. Moreover, non-financial firms listed on the stock exchange choose different accounting methods for their investment assets due to the negative and significant effects of ownership concentration. This is due to the fact that a company that has a high ownership concentration is less likely to base its accounting choices on the International Financial Reporting Standards (IFRS). This implies that businesses are less likely to adhere to the fair value technique for valuing investment property if their ownership is more concentrated. The study discovered that a firm's accounting decision on the handling of investment property is significantly influenced by the drivers of investment property choosing. It is, thus, recommended the need for firms to set up a system that would track and assess investment property choices on an ongoing basis. This is expected to develop robust, and proactive plans that consider both short-term financial gain and long-term viability.
{"title":"Determinants of Investment Property Choice: an Empirical Analysis of Nigeria Listed Firms","authors":"I. S. ( FCA, Ph.D), O. J. Adebowale, Bukola I. Fagbomedo, A. M. Lawal, K. S. Oyewole","doi":"10.47191/jefms/v7-i5-30","DOIUrl":"https://doi.org/10.47191/jefms/v7-i5-30","url":null,"abstract":"In order to investigate the factors influencing the choices of investment properties of the firms listed on Nigeria Exchange Group (NGX), this study carried out an empirical investigation. 155 businesses that were listed on the Nigerian Exchange Group (NGX) as of December 31, 2022, made up the study's population. A purposive sampling strategy was used to select a sample size of fifty-five firms. Data were obtained from the companies' audited annual financial reports for the years 2012-2022. Panel data regression (PDR) was utilized for the analysis of data. The findings showed that the accounting choices made by businesses regarding the management of investment property are significantly influenced by both debt and business size. Furthermore, the choice of how to treat investment property in accounting is not much influenced by the degree of board independence. Moreover, non-financial firms listed on the stock exchange choose different accounting methods for their investment assets due to the negative and significant effects of ownership concentration. This is due to the fact that a company that has a high ownership concentration is less likely to base its accounting choices on the International Financial Reporting Standards (IFRS). This implies that businesses are less likely to adhere to the fair value technique for valuing investment property if their ownership is more concentrated. The study discovered that a firm's accounting decision on the handling of investment property is significantly influenced by the drivers of investment property choosing. It is, thus, recommended the need for firms to set up a system that would track and assess investment property choices on an ongoing basis. This is expected to develop robust, and proactive plans that consider both short-term financial gain and long-term viability.","PeriodicalId":497608,"journal":{"name":"Journal of economics, finance and management studies","volume":"101 19","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140977832","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}
Investment decisions of the individual investors in the capital market are influenced by various factors. Main objective of this study is to find out the influences of the factors on investment decisions of individual investors in the capital market in Bangladesh. A highly structured questionnaire has been used to collect primary data from 384 individual investors who are traded in the Dhaka Stock Exchange (DSE). The study respondents have been selected at a simple random method. Analysis of variance (ANOVA), multiple regression model, graphs, charts and tabular analysis have been used to analyze collected data and to test hypotheses of the study. The results showed that EPS has positive influence (β=0.0682, t=1.2439 and p=0.2143, test of hypothesis 2) on investment decisions and rank of EPS is 4 with mean score of 3.8099 and S.D=0.5087 (table 3). It has also found that dividend has positive relationship (β=0.0590, t=1.1054 and p=0.2697, test of hypothesis 3) with investment decisions and dividend is ranked 6 with mean score of 3.5755 and S.D=0.5593 (table 3). Accordingly, P/E ratio has a negative influence (β =-0.0069, t=-0.1341 and p=0.8934) on investment decisions of the individual investors. Therefore, this study will be very helpful to the individual investors to make correct investment decisions by analysing EPS, dividend trends and P/E ratio of the company.
{"title":"Investment Decisions of the Individual Investors in the Capital Market of Bangladesh","authors":"Tajul Islam, Md. Rezaul Karim Bhuiyan","doi":"10.47191/jefms/v7-i5-29","DOIUrl":"https://doi.org/10.47191/jefms/v7-i5-29","url":null,"abstract":"Investment decisions of the individual investors in the capital market are influenced by various factors. Main objective of this study is to find out the influences of the factors on investment decisions of individual investors in the capital market in Bangladesh. A highly structured questionnaire has been used to collect primary data from 384 individual investors who are traded in the Dhaka Stock Exchange (DSE). The study respondents have been selected at a simple random method. Analysis of variance (ANOVA), multiple regression model, graphs, charts and tabular analysis have been used to analyze collected data and to test hypotheses of the study. The results showed that EPS has positive influence (β=0.0682, t=1.2439 and p=0.2143, test of hypothesis 2) on investment decisions and rank of EPS is 4 with mean score of 3.8099 and S.D=0.5087 (table 3). It has also found that dividend has positive relationship (β=0.0590, t=1.1054 and p=0.2697, test of hypothesis 3) with investment decisions and dividend is ranked 6 with mean score of 3.5755 and S.D=0.5593 (table 3). Accordingly, P/E ratio has a negative influence (β =-0.0069, t=-0.1341 and p=0.8934) on investment decisions of the individual investors. Therefore, this study will be very helpful to the individual investors to make correct investment decisions by analysing EPS, dividend trends and P/E ratio of the company.","PeriodicalId":497608,"journal":{"name":"Journal of economics, finance and management studies","volume":"22 26","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140980363","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}
Thriving in the increasingly more value-driven financial markets requires all banks to be as innovative as possible. However, as every bank engages in different forms of disruptive innovations to edge out each other, some banks tend to become lost completely on the new innovation ideas and trajectory that their innovation/innovative business activities must undertake. In contrast, others remain accurately focused with clear innovation ideas and discourses to pursue. To revolve such paradoxes, this paper offers accurate analysis of the sources or instigators of innovation that financial institutions can use to extract new innovation ideas that can be pursued to leverage their effective performance in periods of crises. Using a qualitative content analysis, the paper evaluates theories and literature on the instigators of innovation ideas as well as innovation management in the contemporary business organisations. Findings imply the major instigators or sources of new innovation ideas often arise from knowledge-push sources of innovation, need-pull sources of innovation, crisis-driven sources of innovation, users as innovators as well as learning and imitation as sources of innovation. Other instigators were found to arise from regulatory changes, the degree of industry or market saturation and competitors’ actions. To respond to the challenges that some of the banks experience about discerning the new innovation ideas to pursue and turn around their performance during a crisis, the paper suggests the model for enhancing novel banking innovations for leveraging a bank’s effective performance, competitiveness and sustainability during a crisis. Through such analysis and proposition, the paper contributes new insights that not only enrich the existing theories and literature on innovation management, but also new thinking that can be emulated by the contemporary businesses to bolster their innovation capabilities.
{"title":"Instigators of New Innovation Ideas for Improving A Bank’s Effective Market Performance in Times of Crisis","authors":"Jennifer Davis- Adesegha","doi":"10.47191/jefms/v7-i5-23","DOIUrl":"https://doi.org/10.47191/jefms/v7-i5-23","url":null,"abstract":"Thriving in the increasingly more value-driven financial markets requires all banks to be as innovative as possible. However, as every bank engages in different forms of disruptive innovations to edge out each other, some banks tend to become lost completely on the new innovation ideas and trajectory that their innovation/innovative business activities must undertake. In contrast, others remain accurately focused with clear innovation ideas and discourses to pursue. To revolve such paradoxes, this paper offers accurate analysis of the sources or instigators of innovation that financial institutions can use to extract new innovation ideas that can be pursued to leverage their effective performance in periods of crises. Using a qualitative content analysis, the paper evaluates theories and literature on the instigators of innovation ideas as well as innovation management in the contemporary business organisations. Findings imply the major instigators or sources of new innovation ideas often arise from knowledge-push sources of innovation, need-pull sources of innovation, crisis-driven sources of innovation, users as innovators as well as learning and imitation as sources of innovation. Other instigators were found to arise from regulatory changes, the degree of industry or market saturation and competitors’ actions. To respond to the challenges that some of the banks experience about discerning the new innovation ideas to pursue and turn around their performance during a crisis, the paper suggests the model for enhancing novel banking innovations for leveraging a bank’s effective performance, competitiveness and sustainability during a crisis. Through such analysis and proposition, the paper contributes new insights that not only enrich the existing theories and literature on innovation management, but also new thinking that can be emulated by the contemporary businesses to bolster their innovation capabilities.","PeriodicalId":497608,"journal":{"name":"Journal of economics, finance and management studies","volume":"87 23","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140978344","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}
Development of corporate voluntary pension funds at Vietnamese enterprises are contributed to enhancing financial security and the development of the Vietnamese pension system. The research has developed criterias and conducted qualitative and quantitative analysis of available data to evaluating the current status of corporate voluntary pension fund (VPF) development in Vietnam in period 2016- 2022. The research results show that voluntary pension fund assets follow the GDP growth trend but at a higher growth rate; coverage, level of increase in coverage, new participants and new participation fee revenue of the corporate VPF are not significant. From there, limitations have been pointed out, base on, proposing and recommend solutions to developing the scale of voluntary pension fund system at enterprises in Vietnam.
越南企业自愿养老基金的发展有助于加强越南养老金制度的财务安全和发展。研究制定了标准，并对现有数据进行了定性和定量分析，以评估 2016-2022 年越南企业自愿养老基金（VPF）的发展现状。研究结果表明，自愿养老基金资产跟随 GDP 增长趋势，但增长率较高；企业自愿养老基金的覆盖率、覆盖率增长水平、新参保人和新参保费收入并不显著。在此基础上，指出了越南企业自愿养老基金制度发展的局限性，并提出了相应的解决方案。
{"title":"Developing the Scale of Voluntary Pension Fund System at Enterprises in Vietnam","authors":"Nguyen Thanh Hung","doi":"10.47191/jefms/v7-i5-26","DOIUrl":"https://doi.org/10.47191/jefms/v7-i5-26","url":null,"abstract":"Development of corporate voluntary pension funds at Vietnamese enterprises are contributed to enhancing financial security and the development of the Vietnamese pension system. The research has developed criterias and conducted qualitative and quantitative analysis of available data to evaluating the current status of corporate voluntary pension fund (VPF) development in Vietnam in period 2016- 2022. The research results show that voluntary pension fund assets follow the GDP growth trend but at a higher growth rate; coverage, level of increase in coverage, new participants and new participation fee revenue of the corporate VPF are not significant. From there, limitations have been pointed out, base on, proposing and recommend solutions to developing the scale of voluntary pension fund system at enterprises in Vietnam.","PeriodicalId":497608,"journal":{"name":"Journal of economics, finance and management studies","volume":"42 14","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140981337","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 aims to analyze the influence of good corporate governance on environmental disclosure in companies listed on the Indonesian Stock Exchange (BEI) 2018 -2022. The type of research used in this research is explanatory research, with the research method prioritizing quantitative methods. The sample is 30 companies listed on the Indonesian Stock Exchange (BEI) 2018 -2022. The sampling technique uses purposive sampling. Good Corporate Governance in this research, we look at the female board of directors, board of directors size, board of directors meeting, audit committee independence, audit committee size and audit committee meeting. This research also uses control variables in the form of company size, profitability, solvability and company age. The data analysis method uses Panel data regression model (Pooled Analysis). The research results show that negative female board of directors has no significant effect on environmental disclosure. Board of directors size has a significant negative effect on environmental disclosure. Positive board of directors meetings has no significant effect on environmental disclosure. Negative audit committee independence has no significant effect on environmental disclosure. Positive audit committee size has no significant effect on environmental disclosure. Positive audit committee meetings has no significant effect on environmental disclosure. In addition to the hypothesis testing that has been carried out, results were also obtained from testing the influence of control variables on environmental disclosure with the following results company size has no significant effect on environmental disclosure. Profitability has no significant effect on environmental disclosure. Solvability has no significant effect on environmental disclosure. Company age has a significant effect on environmental disclosure
{"title":"The Influence of Good Corporate Governance on Environmental Disclosures in Companies Listed on the Indonesian Stock Exchange (Bei) 2018 -2022","authors":"Hayatul Rahmi, Fajri Adrianto, M. F. Alfarisi","doi":"10.47191/jefms/v7-i5-21","DOIUrl":"https://doi.org/10.47191/jefms/v7-i5-21","url":null,"abstract":"This research aims to analyze the influence of good corporate governance on environmental disclosure in companies listed on the Indonesian Stock Exchange (BEI) 2018 -2022. The type of research used in this research is explanatory research, with the research method prioritizing quantitative methods. The sample is 30 companies listed on the Indonesian Stock Exchange (BEI) 2018 -2022. The sampling technique uses purposive sampling. Good Corporate Governance in this research, we look at the female board of directors, board of directors size, board of directors meeting, audit committee independence, audit committee size and audit committee meeting. This research also uses control variables in the form of company size, profitability, solvability and company age. The data analysis method uses Panel data regression model (Pooled Analysis). The research results show that negative female board of directors has no significant effect on environmental disclosure. Board of directors size has a significant negative effect on environmental disclosure. Positive board of directors meetings has no significant effect on environmental disclosure. Negative audit committee independence has no significant effect on environmental disclosure. Positive audit committee size has no significant effect on environmental disclosure. Positive audit committee meetings has no significant effect on environmental disclosure. In addition to the hypothesis testing that has been carried out, results were also obtained from testing the influence of control variables on environmental disclosure with the following results company size has no significant effect on environmental disclosure. Profitability has no significant effect on environmental disclosure. Solvability has no significant effect on environmental disclosure. Company age has a significant effect on environmental disclosure","PeriodicalId":497608,"journal":{"name":"Journal of economics, finance and management studies","volume":"1 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140981581","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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