Pub Date : 2024-04-08DOI: 10.9734/ajeba/2024/v24i51321
Luthfi Praharesty Oktaviani, Agus Abdurrahman
This quantitative research investigates the influence of enjoyability, similarity, and expertise on attachment transfer, mediated by the fulfillment of connection and competency needs. Utilizing a 6-point Likert scale questionnaire, data was collected from 100 Instagram users aged 18 and above in Indonesia. Partial Least Squares Structural Equation Modeling (PLS-SEM) using SmartPLS version 3 software was employed for data analysis. The results revealed that all hypotheses were supported, confirming the mediating role of fulfillment of connection and competency needs. This study contributes to the theoretical understanding of Social Media Influencers (SMI). It underscores the importance of effective management of social media influencers, particularly in the beauty industry, to enhance digital marketing strategies and broaden market reach. Additionally, it emphasizes the significance of improving consumer purchasing decisions through targeted social media influencer campaigns.
{"title":"The Influence of Persona Attributes and Content of Tasya Farasya as a Human Brand on Instagram Followers' Interest in Cosmetic Products","authors":"Luthfi Praharesty Oktaviani, Agus Abdurrahman","doi":"10.9734/ajeba/2024/v24i51321","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i51321","url":null,"abstract":"This quantitative research investigates the influence of enjoyability, similarity, and expertise on attachment transfer, mediated by the fulfillment of connection and competency needs. Utilizing a 6-point Likert scale questionnaire, data was collected from 100 Instagram users aged 18 and above in Indonesia. Partial Least Squares Structural Equation Modeling (PLS-SEM) using SmartPLS version 3 software was employed for data analysis. The results revealed that all hypotheses were supported, confirming the mediating role of fulfillment of connection and competency needs. This study contributes to the theoretical understanding of Social Media Influencers (SMI). It underscores the importance of effective management of social media influencers, particularly in the beauty industry, to enhance digital marketing strategies and broaden market reach. Additionally, it emphasizes the significance of improving consumer purchasing decisions through targeted social media influencer campaigns.","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":"140728013","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 : 2024-04-06DOI: 10.9734/ajeba/2024/v24i51317
Muhammad Akbar Faturrahman, Siti Nursyamsiah
This research aims to determine and investigate the role of supply chain integration, agility, and innovation in the performance of Micro, Small, and Medium Enterprises (MSMEs) operating in the food and beverage sector. By optimizing these factors, companies can enhance the value and profitability generated across the supply chain, encompassing value addition from suppliers to manufacturers, manufacturers to distributors, and ultimately to consumers. This value is created from the service value and price of a finished product, with the total costs borne by the entire supply chain system. The study focuses on MSMEs in the Yogyakarta region, employing random sampling techniques to gather data from various stakeholders, including owners, managers, and operational staff. Questionnaire-based data collection is followed by Structural Equation Model (SEM) analysis using AMOS software. The results of this research indicate that integration, agility, and innovation have a positive effect on company performance, both in terms of financial performance and operational performance. This study contributes to the supply chain literature, specifically in the food and beverage industry, by expanding the understanding of supply chain dynamics. To enhance supply chain integration, managers can implement broader strategies and utilize information technology for better collaboration. To improve supply chain agility, the focus should be on developing flexibility and partnering with agile businesses. Supply chain innovation can be promoted through investments in technology and prioritizing innovation in products, processes, and business models.
{"title":"The Influence of Supply Chain Integration, Agility, and Innovation on Company Performance","authors":"Muhammad Akbar Faturrahman, Siti Nursyamsiah","doi":"10.9734/ajeba/2024/v24i51317","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i51317","url":null,"abstract":"This research aims to determine and investigate the role of supply chain integration, agility, and innovation in the performance of Micro, Small, and Medium Enterprises (MSMEs) operating in the food and beverage sector. By optimizing these factors, companies can enhance the value and profitability generated across the supply chain, encompassing value addition from suppliers to manufacturers, manufacturers to distributors, and ultimately to consumers. This value is created from the service value and price of a finished product, with the total costs borne by the entire supply chain system. The study focuses on MSMEs in the Yogyakarta region, employing random sampling techniques to gather data from various stakeholders, including owners, managers, and operational staff. Questionnaire-based data collection is followed by Structural Equation Model (SEM) analysis using AMOS software. The results of this research indicate that integration, agility, and innovation have a positive effect on company performance, both in terms of financial performance and operational performance. This study contributes to the supply chain literature, specifically in the food and beverage industry, by expanding the understanding of supply chain dynamics. To enhance supply chain integration, managers can implement broader strategies and utilize information technology for better collaboration. To improve supply chain agility, the focus should be on developing flexibility and partnering with agile businesses. Supply chain innovation can be promoted through investments in technology and prioritizing innovation in products, processes, and business models.","PeriodicalId":505152,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-04-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140733821","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 : 2024-04-06DOI: 10.9734/ajeba/2024/v24i51313
Olamide M. Adediwura, A. Adegboye, Ifeoluwa Alao-Owunna, Olabisi S. Ayoade
This study examined the nature of the interaction between fiscal and monetary policies in Nigeria. It also investigates the channels through which impulses from fiscal and monetary policy interaction are transmitted to inflation, output and exchange rate. These were intended to provide information on the nature of interaction between fiscal and monetary policies in Nigeria. Quarterly secondary data covering the period between 1980Q1 and 2022Q1 were used in the study. Data on real gross domestic product, consumer price index, lending rate, real exchange rate and total government expenditure were sourced from international financial statistical (2022Q4 Edition) and Central Bank of Nigeria (CBN) Statistical Bulletin (2009 and 2022Q4 Issues). Structural Vector Autoregression (SVAR) econometric model was employed for the analysis of data. The results showed that interaction between fiscal and monetary policy in Nigeria is characterised by the way shock occurred. This indicated that the interaction between both policies showed a substitutive nature when the shocks resulted from aggregate demand and supply shocks, whereas the policies complemented each other when other macroeconomic shocks occur due to policy changes occurred. The study also revealed that investment and consumption are the channels through which impulses are transmitted into inflation, output and exchange rate. The study concluded that the nature of relationship between fiscal and monetary policy is dependent on shocks.
{"title":"The Dance of Two Instruments: How Fiscal and Monetary Policy Interact in Nigeria","authors":"Olamide M. Adediwura, A. Adegboye, Ifeoluwa Alao-Owunna, Olabisi S. Ayoade","doi":"10.9734/ajeba/2024/v24i51313","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i51313","url":null,"abstract":"This study examined the nature of the interaction between fiscal and monetary policies in Nigeria. It also investigates the channels through which impulses from fiscal and monetary policy interaction are transmitted to inflation, output and exchange rate. These were intended to provide information on the nature of interaction between fiscal and monetary policies in Nigeria. Quarterly secondary data covering the period between 1980Q1 and 2022Q1 were used in the study. Data on real gross domestic product, consumer price index, lending rate, real exchange rate and total government expenditure were sourced from international financial statistical (2022Q4 Edition) and Central Bank of Nigeria (CBN) Statistical Bulletin (2009 and 2022Q4 Issues). Structural Vector Autoregression (SVAR) econometric model was employed for the analysis of data. The results showed that interaction between fiscal and monetary policy in Nigeria is characterised by the way shock occurred. This indicated that the interaction between both policies showed a substitutive nature when the shocks resulted from aggregate demand and supply shocks, whereas the policies complemented each other when other macroeconomic shocks occur due to policy changes occurred. The study also revealed that investment and consumption are the channels through which impulses are transmitted into inflation, output and exchange rate. The study concluded that the nature of relationship between fiscal and monetary policy is dependent on shocks.","PeriodicalId":505152,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-04-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140734758","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 : 2024-04-06DOI: 10.9734/ajeba/2024/v24i51316
Catherine Chidinma Mbah, Chizoba Linda Tevin-Anyali, Chike Okoli Kingsley, Emilia. Mukaosolu Mgbemena
This study examined the impact of public debt on poverty in Nigeria for the period 1985 to 2021. The study regressed poverty against public debt in a vector error correction model using the Johansen approach. The study found a long-run relationship between public debt and poverty in Nigeria. The effect of public debt on poverty in Nigeria was found to be positive and permanent, becoming more pronounced with time. The study recommends the government’s deliberate effort in restraining continuous unsustainable public borrowing while also determining the maximum threshold at which debt servicing becomes poverty-reinforcing.
{"title":"Impact of Public Debt on Poverty in Nigeria: A Vector Autoregressive Analysis","authors":"Catherine Chidinma Mbah, Chizoba Linda Tevin-Anyali, Chike Okoli Kingsley, Emilia. Mukaosolu Mgbemena","doi":"10.9734/ajeba/2024/v24i51316","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i51316","url":null,"abstract":"This study examined the impact of public debt on poverty in Nigeria for the period 1985 to 2021. The study regressed poverty against public debt in a vector error correction model using the Johansen approach. The study found a long-run relationship between public debt and poverty in Nigeria. The effect of public debt on poverty in Nigeria was found to be positive and permanent, becoming more pronounced with time. The study recommends the government’s deliberate effort in restraining continuous unsustainable public borrowing while also determining the maximum threshold at which debt servicing becomes poverty-reinforcing.","PeriodicalId":505152,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-04-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140735610","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 investigate the influence of the Global Undergraduate Exchange Program (Global UGRAD) on alumni career aspirations and the role of self-leadership as a moderator of career aspirations among Global UGRAD alumni for the academic year 2022-2023. Employing quantitative techniques, including a 4-point Likert scale and explanatory analysis, data were collected from 85 alumni representing 33 countries. The validity test confirms the credibility of all items, while subsequent reliability tests establish their consistency. Results from hypothesis testing indicate that the student exchange program (Global UGRAD) does not significantly influence career aspirations because the P value is 0.153 > 0.05. However, student exchange program (Global UGRAD) has a significant positive influence on self-leadership as the P value is 0.000 < 0.05. Furthermore, self-leadership has a positive and significant influence on career aspirations as the P value is 0.004 < 0.05. Additionally, it was found that self-leadership can moderate the relationship between the student exchange program (Global UGRAD) and career aspirations as the P value is 0.015 < 0.05. These findings highlight the importance of fostering self-leadership skills for enhancing career aspirations among students participating in international exchange programs (Global UGRAD).
{"title":"The Influence of the Student Exchange Program (Global UGRAD) on Career Aspirations Moderated by Self-Leadership among Alumni of the Global UGRAD Bachelor's Program","authors":"Callia Syamami Albaehaqi, .. Setiani, Ikhsan Maksum","doi":"10.9734/ajeba/2024/v24i51318","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i51318","url":null,"abstract":"This study aims to investigate the influence of the Global Undergraduate Exchange Program (Global UGRAD) on alumni career aspirations and the role of self-leadership as a moderator of career aspirations among Global UGRAD alumni for the academic year 2022-2023. Employing quantitative techniques, including a 4-point Likert scale and explanatory analysis, data were collected from 85 alumni representing 33 countries. The validity test confirms the credibility of all items, while subsequent reliability tests establish their consistency. Results from hypothesis testing indicate that the student exchange program (Global UGRAD) does not significantly influence career aspirations because the P value is 0.153 > 0.05. However, student exchange program (Global UGRAD) has a significant positive influence on self-leadership as the P value is 0.000 < 0.05. Furthermore, self-leadership has a positive and significant influence on career aspirations as the P value is 0.004 < 0.05. Additionally, it was found that self-leadership can moderate the relationship between the student exchange program (Global UGRAD) and career aspirations as the P value is 0.015 < 0.05. These findings highlight the importance of fostering self-leadership skills for enhancing career aspirations among students participating in international exchange programs (Global UGRAD).","PeriodicalId":505152,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-04-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140735132","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 : 2024-04-06DOI: 10.9734/ajeba/2024/v24i51315
A.R. Ayeni Agbaje, I. A. Adebayo, Roseline Osatohanmwen. Adeboboye
The Nigerian insurance industry has experienced substantial growth due to factors like increased awareness, regulatory reforms, and technological advancements. This research aimed to explore how the composition, structure, and activities of risk management committees influence key financial performance metrics, focusing on return on assets (ROA). Data from annual reports and audited financial statements of selected insurance companies listed on the Nigerian Exchange Group from 2013 to 2022 were analyzed using both descriptive and inferential statistics. The study revealed that risk management committee size and meeting frequency positively impact financial performance, suggesting that larger committees and more frequent meetings correlate with better financial outcomes. However, factors like committee independence and gender diversity had insignificant effects on financial performance. In conclusion, the presence and effectiveness of risk management committees significantly affect the financial performance of listed insurance companies in Nigeria. The study recommends that insurance companies prioritize diverse committee compositions to benefit from a wider range of expertise and perspectives.
{"title":"Examining the Influence of Risk Management Committee Dynamics on Financial Performance: A Case Study of Listed Insurance Companies in Nigeria","authors":"A.R. Ayeni Agbaje, I. A. Adebayo, Roseline Osatohanmwen. Adeboboye","doi":"10.9734/ajeba/2024/v24i51315","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i51315","url":null,"abstract":"The Nigerian insurance industry has experienced substantial growth due to factors like increased awareness, regulatory reforms, and technological advancements. This research aimed to explore how the composition, structure, and activities of risk management committees influence key financial performance metrics, focusing on return on assets (ROA). Data from annual reports and audited financial statements of selected insurance companies listed on the Nigerian Exchange Group from 2013 to 2022 were analyzed using both descriptive and inferential statistics. The study revealed that risk management committee size and meeting frequency positively impact financial performance, suggesting that larger committees and more frequent meetings correlate with better financial outcomes. However, factors like committee independence and gender diversity had insignificant effects on financial performance. In conclusion, the presence and effectiveness of risk management committees significantly affect the financial performance of listed insurance companies in Nigeria. The study recommends that insurance companies prioritize diverse committee compositions to benefit from a wider range of expertise and perspectives.","PeriodicalId":505152,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-04-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140734279","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 : 2024-04-06DOI: 10.9734/ajeba/2024/v24i51314
Wang Jun
This paper is primarily a case-based study. It takes Gulf Modern Agriculture Development Co., Ltd (hereinafter referred to as AGRIGULF) as the object of research, and adopts the case study method and field interview method to sort out the company's agricultural products export business and common settlement methods and so on. Through field visits and investigation, data collection, and collation, identify and analyze the risks of the company's agricultural export settlement business. Finally, corresponding risk management suggestions are put forward at four levels, namely, country risk, foreign exchange risk, product quality change risk, and credit risk, which are expected to provide certain references for the sustainable development of China's agricultural export enterprises
{"title":"Risks in AGRIGULF's Agricultural Export Settlement Business and Its Management","authors":"Wang Jun","doi":"10.9734/ajeba/2024/v24i51314","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i51314","url":null,"abstract":"This paper is primarily a case-based study. It takes Gulf Modern Agriculture Development Co., Ltd (hereinafter referred to as AGRIGULF) as the object of research, and adopts the case study method and field interview method to sort out the company's agricultural products export business and common settlement methods and so on. Through field visits and investigation, data collection, and collation, identify and analyze the risks of the company's agricultural export settlement business. Finally, corresponding risk management suggestions are put forward at four levels, namely, country risk, foreign exchange risk, product quality change risk, and credit risk, which are expected to provide certain references for the sustainable development of China's agricultural export enterprises","PeriodicalId":505152,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-04-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140735393","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 : 2024-04-04DOI: 10.9734/ajeba/2024/v24i51312
Irvan Agung Nugroho, Puji Handayani, Henny Kusdiyanti
Aims: This study aims to examine the relationship between Teaching Factory and Entrepreneurship Education and the impact of product innovation as a moderating variable on entrepreneurial interest. Study Design: This study uses a quantitative research design. Place and Duration of Study: The study population involved all students of Grades XI and XII of State Vocational High School in Banyuwangi Regency with the Teaching Factory learning system. This study used a sample of 250 students selected through a purposive sampling approach. Methodology: The research instrument used in this study is a questionnaire or survey using a Likert measuring scale, namely an interval scale of 1-5, strongly disagree, disagree, neutral, agree and strongly agree. Data analysis in this study used the Partial Least Squares (PLS) technique to analyze data and apply with PLS4. Results: All variables are valid and reliable, and there is no multicollinearity in the model. The results concluded that there is a positive relationship between Teaching Factory, Entrepreneurship Education, Product Innovation, and Entrepreneurial Interest. Conclusion: Teaching Factory and Entrepreneurship Education can be effective instruments in fostering entrepreneurial interest among vocational students and can be used as a foundation for developing similar programs in various educational contexts. dan wilayah.
{"title":"Teaching Factory, Entrepreneurship Education and Entrepreneurial Interest: Moderating Effect of Product Innovation","authors":"Irvan Agung Nugroho, Puji Handayani, Henny Kusdiyanti","doi":"10.9734/ajeba/2024/v24i51312","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i51312","url":null,"abstract":"Aims: This study aims to examine the relationship between Teaching Factory and Entrepreneurship Education and the impact of product innovation as a moderating variable on entrepreneurial interest. \u0000Study Design: This study uses a quantitative research design. \u0000Place and Duration of Study: The study population involved all students of Grades XI and XII of State Vocational High School in Banyuwangi Regency with the Teaching Factory learning system. This study used a sample of 250 students selected through a purposive sampling approach. \u0000Methodology: The research instrument used in this study is a questionnaire or survey using a Likert measuring scale, namely an interval scale of 1-5, strongly disagree, disagree, neutral, agree and strongly agree. Data analysis in this study used the Partial Least Squares (PLS) technique to analyze data and apply with PLS4. \u0000Results: All variables are valid and reliable, and there is no multicollinearity in the model. The results concluded that there is a positive relationship between Teaching Factory, Entrepreneurship Education, Product Innovation, and Entrepreneurial Interest. \u0000Conclusion: Teaching Factory and Entrepreneurship Education can be effective instruments in fostering entrepreneurial interest among vocational students and can be used as a foundation for developing similar programs in various educational contexts. dan wilayah.","PeriodicalId":505152,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140746120","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 : 2024-04-03DOI: 10.9734/ajeba/2024/v24i51311
F. Eniekezimene, Captain Ayibakari Opuofoni
In spite of its expected role of bridging the saving and investment gap for economic growth, the impact of the Nigerian capital market on the growth of the economy remains unclear. This study looked at the influence of the capital market on economic growth in Nigeria between 1981 and 2022, using vector autoregressive (VAR) analysis. The variables used included: real gross domestic product (RGDP), market capitalization (MCAP), total value of securities traded (TVST), and gross fixed capital formation (GFCF). The study concluded that while RGDP and MCAP influenced their own outcome as well as the outcome of other variables positively in both the short and long run, TVST and GFCF influenced their own outcome as well as the outcome of other variables negatively in both the short and long run, using the VAR system tools of impulse response function and forecast error variance decomposition. Based on the findings of this study, we recommended among others the urgent need to boost the perception of local firms listed in the Nigerian stock exchange both locally and internationally in terms of the total value of their corporate assets and performance measured by price-to-earnings, price-to-sales and return-on-equity metrics. This can be improved upon when these firms are able to increase the quality of their products and services thereby making them better competitors in the global space.
{"title":"Capital Market and Economic Growth in Nigeria","authors":"F. Eniekezimene, Captain Ayibakari Opuofoni","doi":"10.9734/ajeba/2024/v24i51311","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i51311","url":null,"abstract":"In spite of its expected role of bridging the saving and investment gap for economic growth, the impact of the Nigerian capital market on the growth of the economy remains unclear. This study looked at the influence of the capital market on economic growth in Nigeria between 1981 and 2022, using vector autoregressive (VAR) analysis. The variables used included: real gross domestic product (RGDP), market capitalization (MCAP), total value of securities traded (TVST), and gross fixed capital formation (GFCF). The study concluded that while RGDP and MCAP influenced their own outcome as well as the outcome of other variables positively in both the short and long run, TVST and GFCF influenced their own outcome as well as the outcome of other variables negatively in both the short and long run, using the VAR system tools of impulse response function and forecast error variance decomposition. Based on the findings of this study, we recommended among others the urgent need to boost the perception of local firms listed in the Nigerian stock exchange both locally and internationally in terms of the total value of their corporate assets and performance measured by price-to-earnings, price-to-sales and return-on-equity metrics. This can be improved upon when these firms are able to increase the quality of their products and services thereby making them better competitors in the global space.","PeriodicalId":505152,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-04-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140749558","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 : 2024-04-02DOI: 10.9734/ajeba/2024/v24i51309
Yayuk Indriani, Sri Handari Wahyuningsih, I. N. Qamari
A company needs a leader who can make a good impact on its employees and who will later influence their performance. Sharing information and innovative work behavior within a company will also affect performance within the company. In this analysis, two exogenous variables are used: Transformational Leadership and Information Sharing, and the endogenous variables of employee performance and innovative work behavior as intervening variables. The data collected from this study is as many as 150 respondents and was obtained from 7 start-up companies located in Yogyakarta. The sampling technique in this study uses purposive samplings. The data analysis technique in this analysis uses Structural Equation Modelling with the help of SmartPLS-3. The results of this study show that the entire hypothesis submitted is accepted. Innovative work behavior has a mediating role for Transformational Leadership and Information Sharing. This suggests that fostering transformational leadership qualities and promoting a culture of information sharing can lead to improved employee performance through enhanced innovative work behavior. Such findings have significant implications for organizations aiming to enhance their performance through leadership and communication strategies.
{"title":"The Role of Innovative Work Behavior as an Intervening Variable in the Relationship between Transformational Leadership and Information Sharing on Employee Performance","authors":"Yayuk Indriani, Sri Handari Wahyuningsih, I. N. Qamari","doi":"10.9734/ajeba/2024/v24i51309","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i51309","url":null,"abstract":"A company needs a leader who can make a good impact on its employees and who will later influence their performance. Sharing information and innovative work behavior within a company will also affect performance within the company. In this analysis, two exogenous variables are used: Transformational Leadership and Information Sharing, and the endogenous variables of employee performance and innovative work behavior as intervening variables. The data collected from this study is as many as 150 respondents and was obtained from 7 start-up companies located in Yogyakarta. The sampling technique in this study uses purposive samplings. The data analysis technique in this analysis uses Structural Equation Modelling with the help of SmartPLS-3. The results of this study show that the entire hypothesis submitted is accepted. Innovative work behavior has a mediating role for Transformational Leadership and Information Sharing. This suggests that fostering transformational leadership qualities and promoting a culture of information sharing can lead to improved employee performance through enhanced innovative work behavior. Such findings have significant implications for organizations aiming to enhance their performance through leadership and communication strategies.","PeriodicalId":505152,"journal":{"name":"Asian Journal of Economics, Business and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-04-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140754513","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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