Pub Date : 2024-04-16DOI: 10.9734/ajeba/2024/v24i51330
Komolafe Emmanuel A., Bello A. Victoria
The study examined socioeconomic benefits arising from the location of the rail station in Kubwa community, Abuja. The study adopted survey research, and data was collected from household heads of rented multi-tenanted apartments in Kubwa within 3km of Kubwa rail station. Structured questionnaires were used to elicit data from a sample of household heads of rented multi-tenanted apartments in Kubwa. The collected data was analysed using a weighted mean score and the Kruktal-Wallis test. In a weighted mean, factors are ranked from 1st to last position in descending order of their weighted means, such that the factor with the highest weighted mean ranks first while the one with the lowest weighted mean ranks last. This method is used for its simplicity and ease of communicating the results of the research. The study found that within a one-kilometre radius of the rail station, increased property value is the highest socioeconomic benefit derived from the rail station. Following this came cost-effectiveness, increased retail activity, and improved accessibility and connectivity. The research also revealed that increased property value is the most significant benefit within a two-kilometre radius, followed by improved accessibility, connectivity, and cost-effectiveness. Also, within a three-kilometre radius, cost-effectiveness is the highest socioeconomic benefit derived from the rail station, followed closely by improved accessibility and connectivity, and time schedule and organization. Rail stations play a crucial role in urban and regional development that extends beyond mere accessibility by catalysing a variety of socioeconomic effects in the areas they serve. Consequently, the government must place a high priority on the meticulous maintenance and upkeep of the rail infrastructure.
{"title":"An Analysis of the Socioeconomic Benefits Arising from Kubwa Rail Station in Abuja, Nigeria","authors":"Komolafe Emmanuel A., Bello A. Victoria","doi":"10.9734/ajeba/2024/v24i51330","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i51330","url":null,"abstract":"The study examined socioeconomic benefits arising from the location of the rail station in Kubwa community, Abuja. The study adopted survey research, and data was collected from household heads of rented multi-tenanted apartments in Kubwa within 3km of Kubwa rail station. Structured questionnaires were used to elicit data from a sample of household heads of rented multi-tenanted apartments in Kubwa. The collected data was analysed using a weighted mean score and the Kruktal-Wallis test. In a weighted mean, factors are ranked from 1st to last position in descending order of their weighted means, such that the factor with the highest weighted mean ranks first while the one with the lowest weighted mean ranks last. This method is used for its simplicity and ease of communicating the results of the research. The study found that within a one-kilometre radius of the rail station, increased property value is the highest socioeconomic benefit derived from the rail station. Following this came cost-effectiveness, increased retail activity, and improved accessibility and connectivity. The research also revealed that increased property value is the most significant benefit within a two-kilometre radius, followed by improved accessibility, connectivity, and cost-effectiveness. Also, within a three-kilometre radius, cost-effectiveness is the highest socioeconomic benefit derived from the rail station, followed closely by improved accessibility and connectivity, and time schedule and organization. Rail stations play a crucial role in urban and regional development that extends beyond mere accessibility by catalysing a variety of socioeconomic effects in the areas they serve. Consequently, the government must place a high priority on the meticulous maintenance and upkeep of the rail infrastructure.","PeriodicalId":505152,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-04-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140695948","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}
Pub Date : 2024-04-16DOI: 10.9734/ajeba/2024/v24i51328
Jifeng Zhang, Shuting Hu
Exploiting the positive effect of digital economy on reducing the implied carbon intensity of exports is an important path to promote the green and low-carbon transformation of China's export trade. In view of this, using the Chinese provincial panel data from 2008 to 2020 to scrutinize the consequential impact and intricate mechanisms at play between these variables. Employing a robust methodology, including fixed-effects models, mediating-effects models, and threshold models, the analysis delves into the multi-faceted impact of the digital economy on export implied carbon intensity. It is found that (1) The enhancement of the digital economy can significantly reduce the implied carbon intensity of exports. (2) The digital economy further diminishes the implied carbon intensity of exports through the mediating influences of industrial structure and technological progress. (3) The relationship between the digital economy, industrial structure, and technological progress exhibits a noteworthy non-linear dynamic concerning export implied carbon intensity.
{"title":"Exploring the Impact of the Digital Economy on China's Export Implied Carbon Intensity: A Provincial Panel Data Analysis","authors":"Jifeng Zhang, Shuting Hu","doi":"10.9734/ajeba/2024/v24i51328","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i51328","url":null,"abstract":"Exploiting the positive effect of digital economy on reducing the implied carbon intensity of exports is an important path to promote the green and low-carbon transformation of China's export trade. In view of this, using the Chinese provincial panel data from 2008 to 2020 to scrutinize the consequential impact and intricate mechanisms at play between these variables. Employing a robust methodology, including fixed-effects models, mediating-effects models, and threshold models, the analysis delves into the multi-faceted impact of the digital economy on export implied carbon intensity. It is found that (1) The enhancement of the digital economy can significantly reduce the implied carbon intensity of exports. (2) The digital economy further diminishes the implied carbon intensity of exports through the mediating influences of industrial structure and technological progress. (3) The relationship between the digital economy, industrial structure, and technological progress exhibits a noteworthy non-linear dynamic concerning export implied carbon intensity.","PeriodicalId":505152,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-04-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140696543","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}
Pub Date : 2024-04-15DOI: 10.9734/ajeba/2024/v24i51327
Prabaharan T., Thishopana B.
This study aims to investigate the interplay between queue management aspects (service quality, waiting time, waiting environment, queue discipline), and patient satisfaction within the healthcare context, while also assessing the impact of these factors on patient satisfaction levels. Employing a deductive approach, hypotheses were formulated and tested based on empirical data collected through a survey conducted in five hospitals across the Ampara district of Sri Lanka. A quantitative research design was adopted, utilizing a self-administered questionnaire distributed among 392 patients. Statistical analyses, including Pearson correlation and regression analysis, were conducted using SPSS 22nd version. The findings reveal significant correlations between queue management aspects and patient satisfaction, with service quality, waiting time, waiting environment, and queue discipline playing crucial roles. These insights contribute to a comprehensive understanding of factors influencing patient satisfaction in healthcare settings, informing targeted interventions for improving service delivery and patient experiences.
{"title":"Optimizing Queue Management in Healthcare Settings: Enhancing Patient Satisfaction through Strategic Approaches","authors":"Prabaharan T., Thishopana B.","doi":"10.9734/ajeba/2024/v24i51327","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i51327","url":null,"abstract":"This study aims to investigate the interplay between queue management aspects (service quality, waiting time, waiting environment, queue discipline), and patient satisfaction within the healthcare context, while also assessing the impact of these factors on patient satisfaction levels. Employing a deductive approach, hypotheses were formulated and tested based on empirical data collected through a survey conducted in five hospitals across the Ampara district of Sri Lanka. A quantitative research design was adopted, utilizing a self-administered questionnaire distributed among 392 patients. Statistical analyses, including Pearson correlation and regression analysis, were conducted using SPSS 22nd version. The findings reveal significant correlations between queue management aspects and patient satisfaction, with service quality, waiting time, waiting environment, and queue discipline playing crucial roles. These insights contribute to a comprehensive understanding of factors influencing patient satisfaction in healthcare settings, informing targeted interventions for improving service delivery and patient experiences.","PeriodicalId":505152,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140701787","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}
Pub Date : 2024-04-12DOI: 10.9734/ajeba/2024/v24i51326
C. Olelewe, J. U. Onwumere
This study investigated the effect of internet banking on bank fraud in Nigeria. Monthly data covering from January 2008 to January 2019 representing 97 observations were utilized. The Auto Regressive Distributed Lag (ARDL) technique was used as the technique of data analysis. The independent variable is internet banking while the dependent variable is bank fraud. The control variables included measures of regulatory quality, bank development and capital market development which have strong correlation with the level of bank fraud in a financial system. Identity theft theory & software vulnerability theory were the theoretical underpinnings in this work. The findings of the study reveal overwhelming evidence of a positive interaction between internet banking and bank fraud in Nigeria which could be attributed to the regulatory quality of the Nigerian banking industry. Internet based transactions had a positive and significant effect on bank fraud in Nigeria Some of the recommendations emanating from the findings of the study are; mainstreaming regulatory sandbox, promoting favorable macroeconomic environment, strengthen AML/CFT regime, strict adherence to fraud disruption measure, biometric authentication, harmonization of industry standards, consumer education awareness.
{"title":"The Impact of Internet Banking on Bank Fraud in Nigeria","authors":"C. Olelewe, J. U. Onwumere","doi":"10.9734/ajeba/2024/v24i51326","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i51326","url":null,"abstract":"This study investigated the effect of internet banking on bank fraud in Nigeria. Monthly data covering from January 2008 to January 2019 representing 97 observations were utilized. The Auto Regressive Distributed Lag (ARDL) technique was used as the technique of data analysis. The independent variable is internet banking while the dependent variable is bank fraud. The control variables included measures of regulatory quality, bank development and capital market development which have strong correlation with the level of bank fraud in a financial system. Identity theft theory & software vulnerability theory were the theoretical underpinnings in this work. The findings of the study reveal overwhelming evidence of a positive interaction between internet banking and bank fraud in Nigeria which could be attributed to the regulatory quality of the Nigerian banking industry. Internet based transactions had a positive and significant effect on bank fraud in Nigeria Some of the recommendations emanating from the findings of the study are; mainstreaming regulatory sandbox, promoting favorable macroeconomic environment, strengthen AML/CFT regime, strict adherence to fraud disruption measure, biometric authentication, harmonization of industry standards, consumer education awareness.","PeriodicalId":505152,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-04-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140710974","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}
Pub Date : 2024-04-11DOI: 10.9734/ajeba/2024/v24i51325
Fikeresiyon Fekede Umema, G. Japee
Aims: In today's economy, which is very competitive, strategic management models are used more often to solve business problems by evaluating the current situation and helping to make successful national strategic plans. From this currently, the Boston Consulting Group (BCG) Matrix, one of the most well-known tools for strategic planning, is used to evaluate a company's products to help with long-term strategic planning. It assists businesses in finding fresh development prospects and selecting their future investment strategy. This study intends to investigate international markets’ segmentation, marketing and performance of Ethiopian coffee industry using a BCG matrix approach. Objectives: In this regard, the study has two objectives. First, evaluate Ethiopian coffee industry and its export performance. Second, segment Ethiopian coffee's international markets and assess market attractiveness using the BCG matrix's market share and growth approach. Methods: The matrix was utilized to examine Ethiopia's coffee export market and the top twenty Ethiopian coffee export destinations with the highest average values over the last six years (2016–2021) were selected from more than sixty countries. The export values extracted from International Trade Center (ITC) database. An explanatory approach was used in this study. In addition to primary data from semi-structured interviews, sales figures and market share from written documents were used as secondary data. Results: The outcome suggests that Ethiopian coffee destinations are segmented in international markets using a BCG matrix approach, which assists coffee exporters in deciding whether to finance through investments or be liquidated to free up funds with little potential for use elsewhere. Conclusion: Ethiopian coffee exports have shown growth globally over six years, though dipped in 2018. Germany, USA, Japan, Belgium, and South Korea are top five destinations among the top twenty for Ethiopian coffee export destinations based on an average of six years' worth of export value.
{"title":"International Markets’ Segmentation, Marketing and Performance: A BCG Matrix Approach","authors":"Fikeresiyon Fekede Umema, G. Japee","doi":"10.9734/ajeba/2024/v24i51325","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i51325","url":null,"abstract":"Aims: In today's economy, which is very competitive, strategic management models are used more often to solve business problems by evaluating the current situation and helping to make successful national strategic plans. From this currently, the Boston Consulting Group (BCG) Matrix, one of the most well-known tools for strategic planning, is used to evaluate a company's products to help with long-term strategic planning. It assists businesses in finding fresh development prospects and selecting their future investment strategy. This study intends to investigate international markets’ segmentation, marketing and performance of Ethiopian coffee industry using a BCG matrix approach.\u0000Objectives: In this regard, the study has two objectives. First, evaluate Ethiopian coffee industry and its export performance. Second, segment Ethiopian coffee's international markets and assess market attractiveness using the BCG matrix's market share and growth approach.\u0000Methods: The matrix was utilized to examine Ethiopia's coffee export market and the top twenty Ethiopian coffee export destinations with the highest average values over the last six years (2016–2021) were selected from more than sixty countries. The export values extracted from International Trade Center (ITC) database. An explanatory approach was used in this study. In addition to primary data from semi-structured interviews, sales figures and market share from written documents were used as secondary data.\u0000Results: The outcome suggests that Ethiopian coffee destinations are segmented in international markets using a BCG matrix approach, which assists coffee exporters in deciding whether to finance through investments or be liquidated to free up funds with little potential for use elsewhere.\u0000Conclusion: Ethiopian coffee exports have shown growth globally over six years, though dipped in 2018. Germany, USA, Japan, Belgium, and South Korea are top five destinations among the top twenty for Ethiopian coffee export destinations based on an average of six years' worth of export value.","PeriodicalId":505152,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-04-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140714267","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}
Pub Date : 2024-04-10DOI: 10.9734/ajeba/2024/v24i51324
Shathurshana Rathakrishnan, Vianny Jeniston Delima, S. A. D. L. I. Jayasinghe
To make wise financial decisions and get ready for future financial obligations, people need to be financially literate. This study examines the disparities in financial literacy across genders among the Eastern University of Sri Lanka students at the Trincomalee Campus. The study intends to identify possible gaps and increase understanding of variables impacting financial knowledge in this educational context by comparing the financial literacy skills of male and female students. The study looks at several financial literacy-related topics, such as insurance, investments, savings, individual finances, and financial literacy in general. Results show that there are gender differences in financial literacy, with male students usually having mean scores that are somewhat higher than those of female students in all areas. Nonetheless, significant variation exists within each gender category, suggesting variations in personal literacy skills. Overall, the study emphasizes how critical it is to implement focused interventions to raise financial literacy and guarantee that everyone has fair access to financial education, enabling them to make better financial decisions and maintain better financial health.
{"title":"Gender Differences in Financial Literacy: A Study of Trincomalee Campus, Eastern University, Sri Lanka","authors":"Shathurshana Rathakrishnan, Vianny Jeniston Delima, S. A. D. L. I. Jayasinghe","doi":"10.9734/ajeba/2024/v24i51324","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i51324","url":null,"abstract":"To make wise financial decisions and get ready for future financial obligations, people need to be financially literate. This study examines the disparities in financial literacy across genders among the Eastern University of Sri Lanka students at the Trincomalee Campus. The study intends to identify possible gaps and increase understanding of variables impacting financial knowledge in this educational context by comparing the financial literacy skills of male and female students. The study looks at several financial literacy-related topics, such as insurance, investments, savings, individual finances, and financial literacy in general. Results show that there are gender differences in financial literacy, with male students usually having mean scores that are somewhat higher than those of female students in all areas. Nonetheless, significant variation exists within each gender category, suggesting variations in personal literacy skills. Overall, the study emphasizes how critical it is to implement focused interventions to raise financial literacy and guarantee that everyone has fair access to financial education, enabling them to make better financial decisions and maintain better financial health.","PeriodicalId":505152,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-04-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140717896","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}
Pub Date : 2024-04-10DOI: 10.9734/ajeba/2024/v24i51323
.. Serlindawati, Mariyam Chairunisa
Aims: This research aims to analyze the influence of dividend policy, company liquidity and company profitability on company value in manufacturing companies Place and Duration of Study: This research uses a sample of manufacturing companies in the consumer goods industry sector listed on the Indonesia Stock Exchange for the 2017 - 2021 period. Methodology: Researchers use causal quantitative methods with secondary data sources. The method used is the purposive sampling method. The total population in this study was 72 manufacturing companies in the sub-food and beverage consumer goods industrial sector and 18 companies were selected as samples with observation data of 90 samples. This research uses descriptive analysis techniques, classical assumption tests, model feasibility tests and multiple linear regression analysis using SPSS version 25 statistical software as a tool to process data and provide conclusions. Conclusion: The results of this research show that dividend policy and profitability have a positive effect on company value, while liquidity does not have a positive effect on company value.
{"title":"The Effect of Dividend Policy, Liquidity and Profitability on Company Value","authors":".. Serlindawati, Mariyam Chairunisa","doi":"10.9734/ajeba/2024/v24i51323","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i51323","url":null,"abstract":"Aims: This research aims to analyze the influence of dividend policy, company liquidity and company profitability on company value in manufacturing companies\u0000Place and Duration of Study: This research uses a sample of manufacturing companies in the consumer goods industry sector listed on the Indonesia Stock Exchange for the 2017 - 2021 period.\u0000Methodology: Researchers use causal quantitative methods with secondary data sources. The method used is the purposive sampling method. The total population in this study was 72 manufacturing companies in the sub-food and beverage consumer goods industrial sector and 18 companies were selected as samples with observation data of 90 samples. This research uses descriptive analysis techniques, classical assumption tests, model feasibility tests and multiple linear regression analysis using SPSS version 25 statistical software as a tool to process data and provide conclusions.\u0000Conclusion: The results of this research show that dividend policy and profitability have a positive effect on company value, while liquidity does not have a positive effect on company value.","PeriodicalId":505152,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-04-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140719696","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}
Pub Date : 2024-04-08DOI: 10.9734/ajeba/2024/v24i51320
A. Sulaeman, D. Surjandari
Aims: This research aims to test and analyze capital intensity, leverage, profitability, and corporate social responsibility on tax avoidance with firm size as a moderating variable. Study Design: This research uses a quantitative causality method that relies on secondary data collection originating from the Indonesian Stock Exchange. Place and Duration of Study: Companies listed on the Jakarta Islamic Index from 2018 to 2022. Methodology: The sampling method used purposive sampling, so that 80 samples were obtained from 16 suitable companies. The analytical method used in this research is panel data regression analysis carried out with Eviews 12 software. Results: The research results show that capital intensity, leverage, and profitability influence tax avoidance, while corporate social responsibility does not affect tax avoidance. The results of the moderation test show that firm size does not moderate the influence of capital intensity, leverage, profitability, and corporate social responsibility on tax avoidance. Implications: Company managers and tax regulators need to pay attention to factors such as capital intensity, leverage, and profitability in managing and supervising tax avoidance practices.
{"title":"The Influence of Capital Intensity, Leverage, Profitability, and Corporate Social Responsibility on Tax Avoidance with Firm Size as a Moderating Variable","authors":"A. Sulaeman, D. Surjandari","doi":"10.9734/ajeba/2024/v24i51320","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i51320","url":null,"abstract":"Aims: This research aims to test and analyze capital intensity, leverage, profitability, and corporate social responsibility on tax avoidance with firm size as a moderating variable. \u0000Study Design: This research uses a quantitative causality method that relies on secondary data collection originating from the Indonesian Stock Exchange. \u0000Place and Duration of Study: Companies listed on the Jakarta Islamic Index from 2018 to 2022. \u0000Methodology: The sampling method used purposive sampling, so that 80 samples were obtained from 16 suitable companies. The analytical method used in this research is panel data regression analysis carried out with Eviews 12 software. \u0000Results: The research results show that capital intensity, leverage, and profitability influence tax avoidance, while corporate social responsibility does not affect tax avoidance. The results of the moderation test show that firm size does not moderate the influence of capital intensity, leverage, profitability, and corporate social responsibility on tax avoidance. \u0000Implications: Company managers and tax regulators need to pay attention to factors such as capital intensity, leverage, and profitability in managing and supervising tax avoidance practices.","PeriodicalId":505152,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-04-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140731553","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}
Pub Date : 2024-04-08DOI: 10.9734/ajeba/2024/v24i51319
D. K. Khatri
The research paper empirically tests the impact of major financial crisis of 2008 by testing the causality between five macroeconomic variables (interest rate, inflation, money supply, GDP and exchange rate), the FTSE All-Share index and its sectoral indices. Furthermore, it analyses whether the global financial crisis of 2008 affected the direction of the causality or not. For this purpose the causality tests were performed in two sections one on the data for the pre financial crisis period from 1999 to 2007 and another on the data for post financial crisis period from 2008 to 2022. The causality was tested using the quantile Granger causality test, the research findings reveal the complex causality between the UK stock market and the most prevalent macroeconomic factors. The findings of the research are suggestive that the causality between macroeconomic factors changed from pre-crisis period to post-crisis period. This is indicative of the event sensitivity of the stock market of UK. It was found that the direction of this causality varies according to the circumstances of the economy and across different sectors involved, and particular economic conditions at various times. The findings of this research provide important insights for policymakers, investors, and economic analysts, as they shed light on the dynamic and complex relationship between the indicators, both on an aggregate and sectoral level. The research findings also emphasise the importance of considering the variables' distribution when analysing the issue of causality.
{"title":"Analysing the Impact of Major Financial Crisis on Macroeconomic Variables and Stock Prices: An Empirical Study of Stock Market of United Kingdom","authors":"D. K. Khatri","doi":"10.9734/ajeba/2024/v24i51319","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i51319","url":null,"abstract":"The research paper empirically tests the impact of major financial crisis of 2008 by testing the causality between five macroeconomic variables (interest rate, inflation, money supply, GDP and exchange rate), the FTSE All-Share index and its sectoral indices. Furthermore, it analyses whether the global financial crisis of 2008 affected the direction of the causality or not. For this purpose the causality tests were performed in two sections one on the data for the pre financial crisis period from 1999 to 2007 and another on the data for post financial crisis period from 2008 to 2022. The causality was tested using the quantile Granger causality test, the research findings reveal the complex causality between the UK stock market and the most prevalent macroeconomic factors. The findings of the research are suggestive that the causality between macroeconomic factors changed from pre-crisis period to post-crisis period. This is indicative of the event sensitivity of the stock market of UK. It was found that the direction of this causality varies according to the circumstances of the economy and across different sectors involved, and particular economic conditions at various times. The findings of this research provide important insights for policymakers, investors, and economic analysts, as they shed light on the dynamic and complex relationship between the indicators, both on an aggregate and sectoral level. The research findings also emphasise the importance of considering the variables' distribution when analysing the issue of causality.","PeriodicalId":505152,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-04-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140730486","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}
Pub Date : 2024-04-08DOI: 10.9734/ajeba/2024/v24i51322
Md. Khaled Masud, Md Mahfuzul Hasan, M. W. Rahman, Sambhu Singha, Md. Salauddin Palash
Aims: The main objective of this study was to investigate the challenges and opportunities of online mango business in Rajshahi division of Bangladesh. Study design: The methods and procedures for evaluating data and providing some level of knowledge, explanation, and interpretation of patterns and themes in textual data are referred to as Qualitative Data Analysis (QDA). In this study, explorative qualitative approach was adopted to gain a comprehensive understanding of students engaged in online mango marketing. For reaching the conclusion, the researcher has been performed thematic analysis. Methodology: This study involved fifteen students whom running online mango business and gather information on their perceptions, feelings, beliefs, business nature, reasons for starting, management of student life, and problems and opportunities of the business via in-depth interviews. The in-depth interview method was used to gain a comprehensive understanding of the students’ experiences and perspectives. Results: The study explored that student have sufficient technological skills to operate their internet activities properly. Most of them have begun businesses since their college period, where some others started during the COVID-19 epidemic, motivated by friends, family, and other entrepreneurs, and eventually got capital support from their families. These students have dedicated customer bases and concentrate a premium on providing high-quality products in order to promote sales. They actively run their businesses through Facebook, taking advantage of the platform’s extent. But most of the entrepreneurs deals with several issues while manage their enterprises such as payment-related problems, transportation problems, and delivery-related problems etc. The findings also showed that online business alters those student’s lifestyles and upbringings, originating in a new era of self-confidence and self-respect. Conclusion: Financial support, good transportation system, basic training of the online business, different online courses, and workshops for the student entrepreneurs should be organized. It is needful for escalating this easy-access business and look forward with strong business determination in future.
{"title":"Online Mango Business Challenges and Opportunities in Rajshahi Division: A Qualitative Approach","authors":"Md. Khaled Masud, Md Mahfuzul Hasan, M. W. Rahman, Sambhu Singha, Md. Salauddin Palash","doi":"10.9734/ajeba/2024/v24i51322","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i51322","url":null,"abstract":"Aims: The main objective of this study was to investigate the challenges and opportunities of online mango business in Rajshahi division of Bangladesh. \u0000Study design: The methods and procedures for evaluating data and providing some level of knowledge, explanation, and interpretation of patterns and themes in textual data are referred to as Qualitative Data Analysis (QDA). In this study, explorative qualitative approach was adopted to gain a comprehensive understanding of students engaged in online mango marketing. For reaching the conclusion, the researcher has been performed thematic analysis. \u0000Methodology: This study involved fifteen students whom running online mango business and gather information on their perceptions, feelings, beliefs, business nature, reasons for starting, management of student life, and problems and opportunities of the business via in-depth interviews. The in-depth interview method was used to gain a comprehensive understanding of the students’ experiences and perspectives. \u0000Results: The study explored that student have sufficient technological skills to operate their internet activities properly. Most of them have begun businesses since their college period, where some others started during the COVID-19 epidemic, motivated by friends, family, and other entrepreneurs, and eventually got capital support from their families. These students have dedicated customer bases and concentrate a premium on providing high-quality products in order to promote sales. They actively run their businesses through Facebook, taking advantage of the platform’s extent. But most of the entrepreneurs deals with several issues while manage their enterprises such as payment-related problems, transportation problems, and delivery-related problems etc. The findings also showed that online business alters those student’s lifestyles and upbringings, originating in a new era of self-confidence and self-respect. \u0000Conclusion: Financial support, good transportation system, basic training of the online business, different online courses, and workshops for the student entrepreneurs should be organized. It is needful for escalating this easy-access business and look forward with strong business determination in future.","PeriodicalId":505152,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-04-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140728380","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}