There is an ongoing debate about methods of legal writing in Italy, and particularly about requirements the legislator should adopt to make the law as clearer as possible, that is to say, to avoid, as much as it is possible, that the law itself contributes to its own misunderstanding, to its own wrong application by way of permitting diverging interpretations. The practice of giving a list of ‘consideranda’ before the adoption of any normative act expresses a democratic reply to the issue (derived from the European model) for any citizen’s to understand motivations of the legislator directives, beyond the content of directive itself.
{"title":"Legal Writing and Ascertainment of Causation in the Italian Judiciary Process","authors":"Barbara Grandi","doi":"10.14738/abr.118.15321","DOIUrl":"https://doi.org/10.14738/abr.118.15321","url":null,"abstract":"There is an ongoing debate about methods of legal writing in Italy, and particularly about requirements the legislator should adopt to make the law as clearer as possible, that is to say, to avoid, as much as it is possible, that the law itself contributes to its own misunderstanding, to its own wrong application by way of permitting diverging interpretations. The practice of giving a list of ‘consideranda’ before the adoption of any normative act expresses a democratic reply to the issue (derived from the European model) for any citizen’s to understand motivations of the legislator directives, beyond the content of directive itself. ","PeriodicalId":72277,"journal":{"name":"Archives of business research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43205876","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}
Mohamed Abdinoor Dahir, Domeniter Naomi Kathula, Paul Machoka
An integrative leadership framework from an educational perspective is vital in understanding the efforts that are put in by school leaders to support overall school performance. Integrated leadership is also critical in the management and the development of partnerships aimed at increasing the quality of school performance. An integrative kind of leadership motivates members of the school community to maximize their overall performance. Integrative leadership combines the qualities of servant leadership, authentic leadership, and value-based leadership while simultaneously addressing their weaknesses. This paper sought to ascertain the mediating effect of employee motivation on the relationship between integrative leadership and the performance of public boarding secondary schools in selected Counties under the FCDC Kenya. This paper critiqued empirical studies linking the relationship between integrative leadership and performance and the mediating role of employee motivation. This study adopted a pragmatism research philosophy. This study also triangulated data using both qualitative and quantitative methods. The target population included all public boarding secondary schools from four FCDC Counties namely Lamu, Isiolo, Samburu, and Wajir. The study also targeted student leaders, teachers, principals, stakeholders (Board of Management representatives, County, and Teachers Service Commissions (TSC) Directors). The sample included 300 student leaders from 16 public boarding secondary schools in four FCDC Counties. A sample of 96 teachers, 16 principals, 16 Board of Management (BOM) stakeholders, 4 county directors of education and 4 TSC county directors; and 4 representatives of development partners also formed part of the sampling units. Therefore, the total sample size was four hundred and forty (N=440). Questionnaires were used to gather information from the teachers and students while interview guides were used to gather information from the school principals, BOM representatives, and County Directors of education. Interview guides were open-ended and detailed. Data was analysed using both quantitative and qualitative data analysis approaches based on the research objectives. Descriptive statistics was used to summarize quantitative data and the results were presented in frequencies and percentages, while inferential statistics were used to test the study hypothesis. Qualitative data on the other hand was summarized and reported in themes. The study revealed that integrative leadership has a significant relationship with the performance of public boarding secondary schools in selected Counties under FCDC Kenya. Further, the study findings indicated a partial mediating effect on the mediating role of employee motivation on the relationship between integrative leadership and school performance.
{"title":"Relationship Between Integrative Leadership and Performance of Public Boarding Secondary Schools in Selected Counties Under the FCDC Kenya: The Mediating Effect of Employee Motivation","authors":"Mohamed Abdinoor Dahir, Domeniter Naomi Kathula, Paul Machoka","doi":"10.14738/abr.118.15335","DOIUrl":"https://doi.org/10.14738/abr.118.15335","url":null,"abstract":"An integrative leadership framework from an educational perspective is vital in understanding the efforts that are put in by school leaders to support overall school performance. Integrated leadership is also critical in the management and the development of partnerships aimed at increasing the quality of school performance. An integrative kind of leadership motivates members of the school community to maximize their overall performance. Integrative leadership combines the qualities of servant leadership, authentic leadership, and value-based leadership while simultaneously addressing their weaknesses. This paper sought to ascertain the mediating effect of employee motivation on the relationship between integrative leadership and the performance of public boarding secondary schools in selected Counties under the FCDC Kenya. This paper critiqued empirical studies linking the relationship between integrative leadership and performance and the mediating role of employee motivation. This study adopted a pragmatism research philosophy. This study also triangulated data using both qualitative and quantitative methods. The target population included all public boarding secondary schools from four FCDC Counties namely Lamu, Isiolo, Samburu, and Wajir. The study also targeted student leaders, teachers, principals, stakeholders (Board of Management representatives, County, and Teachers Service Commissions (TSC) Directors). The sample included 300 student leaders from 16 public boarding secondary schools in four FCDC Counties. A sample of 96 teachers, 16 principals, 16 Board of Management (BOM) stakeholders, 4 county directors of education and 4 TSC county directors; and 4 representatives of development partners also formed part of the sampling units. Therefore, the total sample size was four hundred and forty (N=440). Questionnaires were used to gather information from the teachers and students while interview guides were used to gather information from the school principals, BOM representatives, and County Directors of education. Interview guides were open-ended and detailed. Data was analysed using both quantitative and qualitative data analysis approaches based on the research objectives. Descriptive statistics was used to summarize quantitative data and the results were presented in frequencies and percentages, while inferential statistics were used to test the study hypothesis. Qualitative data on the other hand was summarized and reported in themes. The study revealed that integrative leadership has a significant relationship with the performance of public boarding secondary schools in selected Counties under FCDC Kenya. Further, the study findings indicated a partial mediating effect on the mediating role of employee motivation on the relationship between integrative leadership and school performance.","PeriodicalId":72277,"journal":{"name":"Archives of business research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-08-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41836596","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 will analyze the role of automation cloud-based project management software in managing and optimizing manufacturing plans and data. The objective is to understand the evolution of automated and cloud-based project management software like Jira and Asana by incorporating beneficial of traditional Gantt charts and work breakdown structures for manufacturing companies. The questionnaire was designed to collect data from 100 project managers employed in various manufacturing units. The data were quantitatively analyzed using both statistical analysis and a test of association. The objective was to understand the factors contributing to the automated and cloud-based project management software, and the challenges faced by the project managers in the incorporation of traditional Gantt charts and work breakdown structures, in the complex and time-consuming tasks associated with project management.
{"title":"Project Management in the Manufacturing Sector","authors":"Shubham Mohan Gujar, Najla Shafighi","doi":"10.14738/abr.118.15160","DOIUrl":"https://doi.org/10.14738/abr.118.15160","url":null,"abstract":"This study will analyze the role of automation cloud-based project management software in managing and optimizing manufacturing plans and data. The objective is to understand the evolution of automated and cloud-based project management software like Jira and Asana by incorporating beneficial of traditional Gantt charts and work breakdown structures for manufacturing companies. The questionnaire was designed to collect data from 100 project managers employed in various manufacturing units. The data were quantitatively analyzed using both statistical analysis and a test of association. The objective was to understand the factors contributing to the automated and cloud-based project management software, and the challenges faced by the project managers in the incorporation of traditional Gantt charts and work breakdown structures, in the complex and time-consuming tasks associated with project management.","PeriodicalId":72277,"journal":{"name":"Archives of business research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-08-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42685275","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 paper studies employment trends of the U.S. retail industry and its twelve subsectors for the period 1998 through 2021. The retail subsectors are: motor vehicle and parts dealers (NAICS 441), furniture and home furnishing stores (NAICS 442), electronics retail stores (NAICS 443), building material retail stores (NAICS 444), food and beverage stores (NAICS 445), health and personal care retail stores (NAICS 446), gasoline stations (NAICS 447), clothing and accessories retail stores (NAICS 448), sporting goods, hobby goods, books, and music retail stores (NAICS 451), general merchandise stores (NAICS 452), miscellaneous retail stores (NAICS 453), and nonstore retail stores (NAICS 454). Comparing the pre-pandemic (2017-19) and post-pandemic (2019-21) employment growth rates, this study finds nonstore retailers (NAICS 454) and Food and beverages stores (NAICS 445) to be the most pandemic-proof subsectors in terms of retail employment. Besides multi-jurisdictional employment trends of this industry, this paper also explores the state-level influence of retail sub-sectoral employments on U.S. GDP using a fixed panel regression model. The retail subsectors that displayed statistically significant positive correlation with GDP are motor vehicle dealerships, health and personal care stores, clothing stores, and nonstore retailers such as electronic shopping and mail order businesses. Among the control variables, state-level total patent counts had statistically significant positive correlation with GDP.
{"title":"Employment Trends and Relative Influence of U.S. Retail Subsector Employments on GDP","authors":"Abdullah M. Khan","doi":"10.14738/abr.118.15343","DOIUrl":"https://doi.org/10.14738/abr.118.15343","url":null,"abstract":"This paper studies employment trends of the U.S. retail industry and its twelve subsectors for the period 1998 through 2021. The retail subsectors are: motor vehicle and parts dealers (NAICS 441), furniture and home furnishing stores (NAICS 442), electronics retail stores (NAICS 443), building material retail stores (NAICS 444), food and beverage stores (NAICS 445), health and personal care retail stores (NAICS 446), gasoline stations (NAICS 447), clothing and accessories retail stores (NAICS 448), sporting goods, hobby goods, books, and music retail stores (NAICS 451), general merchandise stores (NAICS 452), miscellaneous retail stores (NAICS 453), and nonstore retail stores (NAICS 454). Comparing the pre-pandemic (2017-19) and post-pandemic (2019-21) employment growth rates, this study finds nonstore retailers (NAICS 454) and Food and beverages stores (NAICS 445) to be the most pandemic-proof subsectors in terms of retail employment. Besides multi-jurisdictional employment trends of this industry, this paper also explores the state-level influence of retail sub-sectoral employments on U.S. GDP using a fixed panel regression model. The retail subsectors that displayed statistically significant positive correlation with GDP are motor vehicle dealerships, health and personal care stores, clothing stores, and nonstore retailers such as electronic shopping and mail order businesses. Among the control variables, state-level total patent counts had statistically significant positive correlation with GDP.","PeriodicalId":72277,"journal":{"name":"Archives of business research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48526120","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}
It’s very important to enhance the loyal behaviour of employees to get more success in the tourism and hospitality industry and compete with the competitors. The study is based on the employees of Hotel Royal International. If employees get satisfied what hospitality business owners would serve them then productivity and efficiency will reach the goal in a satisfactory manner. But if not, then the productivity and efficiency will fall apart. The objective of the study is to identify the factors of employee job satisfaction with reasons behind job dissatisfaction and to give some recommendations based on the findings that will help the hotel industry to gain the best output in productivity and efficiency. To satisfy the aim of this study data are collected from 80 employees through the questionnaire and analyzed it by using some statistical tools. In this research some factors are found that are preferred by the employees; they are satisfied with working environment, they are satisfied with Co-worker’s cooperation, they see the personal and professional growth in the organization, they are satisfied with your regular assigned activities etc. Some negative factors are identified in this research also; the employees haven’t got the training they need to do the job, they are not satisfied with the level of increment, they don’t feel flexible in Career development system, they think that their salaries don’t match to their responsibilities and they are not satisfied with the overall job security. The recommendations in that case are to give proper trainings to the employees required for the job, they re-think about their salary and increment, provide them ways to improve their flexibility in career development and overall job security.
{"title":"Points, Should Be Considered by The Employers of The Hospitality Businesses for Increasing Loyalty Among Employees in Bangladesh","authors":"Md Rafiul Islam","doi":"10.14738/abr.118.15121","DOIUrl":"https://doi.org/10.14738/abr.118.15121","url":null,"abstract":"It’s very important to enhance the loyal behaviour of employees to get more success in the tourism and hospitality industry and compete with the competitors. The study is based on the employees of Hotel Royal International. If employees get satisfied what hospitality business owners would serve them then productivity and efficiency will reach the goal in a satisfactory manner. But if not, then the productivity and efficiency will fall apart. The objective of the study is to identify the factors of employee job satisfaction with reasons behind job dissatisfaction and to give some recommendations based on the findings that will help the hotel industry to gain the best output in productivity and efficiency. To satisfy the aim of this study data are collected from 80 employees through the questionnaire and analyzed it by using some statistical tools. In this research some factors are found that are preferred by the employees; they are satisfied with working environment, they are satisfied with Co-worker’s cooperation, they see the personal and professional growth in the organization, they are satisfied with your regular assigned activities etc. Some negative factors are identified in this research also; the employees haven’t got the training they need to do the job, they are not satisfied with the level of increment, they don’t feel flexible in Career development system, they think that their salaries don’t match to their responsibilities and they are not satisfied with the overall job security. The recommendations in that case are to give proper trainings to the employees required for the job, they re-think about their salary and increment, provide them ways to improve their flexibility in career development and overall job security.","PeriodicalId":72277,"journal":{"name":"Archives of business research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49246242","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In the emerging healthcare landscape, digital technologies like electronic health records (EHRs) could play a vital role in healthcare management. While developed nations like Australia have taken the lead in implementing EHRs, developing nations like India, have lagged. Prior research in developing and developed countries has mainly focused on government policy, interoperability, standardization, security, technological infrastructure, and finance as EHR adoption factors, but the influence of national culture has remained unexplored. This study addresses this gap in the literature by comparing the influence of national culture on EHR adoption in India (a developing nation) and Australia (a developed nation). In this study, Hofstede's cultural dimensions were utilized to determine the influence of national culture. The assessment of India revealed that the adoption of EHRs could be influenced by the use of EHRs by respectable healthcare providers, the commitment and support of top management, and the education and training of healthcare managers to minimize risks connected with the use of EHRs. On the other hand, the adoption of EHRs in Australia may be influenced by professional involvement and discussion of the benefits of EHRs, business profitability, timely financial outcomes, and education and training of healthcare managers to understand the benefits of EHRs adoption.
{"title":"Digital Technologies in Healthcare Management: A Study of Influence of National Culture for Adoption of Electronic Health Records in India and Australia","authors":"H. Singh, Radha Karuna Kumari","doi":"10.14738/abr.118.15354","DOIUrl":"https://doi.org/10.14738/abr.118.15354","url":null,"abstract":"In the emerging healthcare landscape, digital technologies like electronic health records (EHRs) could play a vital role in healthcare management. While developed nations like Australia have taken the lead in implementing EHRs, developing nations like India, have lagged. Prior research in developing and developed countries has mainly focused on government policy, interoperability, standardization, security, technological infrastructure, and finance as EHR adoption factors, but the influence of national culture has remained unexplored. This study addresses this gap in the literature by comparing the influence of national culture on EHR adoption in India (a developing nation) and Australia (a developed nation). In this study, Hofstede's cultural dimensions were utilized to determine the influence of national culture. The assessment of India revealed that the adoption of EHRs could be influenced by the use of EHRs by respectable healthcare providers, the commitment and support of top management, and the education and training of healthcare managers to minimize risks connected with the use of EHRs. On the other hand, the adoption of EHRs in Australia may be influenced by professional involvement and discussion of the benefits of EHRs, business profitability, timely financial outcomes, and education and training of healthcare managers to understand the benefits of EHRs adoption.","PeriodicalId":72277,"journal":{"name":"Archives of business research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41946214","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}
A study was conducted to compare the academic performance of two groups of university students enrolled in the Principles of Marketing course. One group of students participated in an online class, while the other group of students attended a face-to-face class. The results of the study revealed notable differences in academic performance between the two groups. The findings consistently indicated that the online students outperformed their counterparts in the face-to-face class, particularly, in the multiple-choice examinations as well as the essay-problem questions. However, the author of the study highlights a significant factor that readers should consider when interpreting these results. The higher performance demonstrated by online students may be attributed to their demographic and socioeconomic background. It was observed that the online students were significantly older, married, and came from a higher economic status compared to the face-to-face class students. Furthermore, the online students devoted nearly double the amount of time to studying, averaging 6.26 hours per week compared to 3.54 hours for the face-to-face class students in the study.
{"title":"Comparing the Learning Outcomes of Online versus Face-to-Face Formats in Teaching a Marketing Course: An Empirical Observation","authors":"Sang T. Choe","doi":"10.14738/abr.118.15317","DOIUrl":"https://doi.org/10.14738/abr.118.15317","url":null,"abstract":"A study was conducted to compare the academic performance of two groups of university students enrolled in the Principles of Marketing course. One group of students participated in an online class, while the other group of students attended a face-to-face class. The results of the study revealed notable differences in academic performance between the two groups. The findings consistently indicated that the online students outperformed their counterparts in the face-to-face class, particularly, in the multiple-choice examinations as well as the essay-problem questions. However, the author of the study highlights a significant factor that readers should consider when interpreting these results. The higher performance demonstrated by online students may be attributed to their demographic and socioeconomic background. It was observed that the online students were significantly older, married, and came from a higher economic status compared to the face-to-face class students. Furthermore, the online students devoted nearly double the amount of time to studying, averaging 6.26 hours per week compared to 3.54 hours for the face-to-face class students in the study.","PeriodicalId":72277,"journal":{"name":"Archives of business research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44340827","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}
Jony Puspa Kusuma, C. F. Ananda, M. Khusaini, A. Manzilati
This research provides an in-depth understanding of the externalities caused by nickel mining and the importance of communities taking collective action against mining activities in Kolaka Regency. This research focused on sea cucumber fishing households in Tambea Village, Pomalaa Sub-district. In some cases, companies with an IUP can carry out practices that can cause harm to the community and the surrounding environment. Environmental contamination, restricted access to land, and economic limitations are the main issues affected communities face. In the face of adverse economic and social implications due to the negative externalities of nickel mining, sea cucumber fishermen have taken collective action and realized the importance of advocating for their rights and protecting the environment and natural resources that support their livelihoods. To address these negative externalities, we need a comprehensive policy design. Qualitative approach This research uses data collection techniques. The data collected in the case study came from participant narratives, direct observation, and analysis of relevant documents that can provide an in-depth understanding of the unique context, with qualitative analysis revealing a wealth of information and detailed details. The location of the case study research is in a village called Tambea Village, Pomalaa District, Kolaka Regency. The results illustrate the economic and social negative externalities caused by this mining activity to sea cucumber fishermen. The results of this study are expected to be the basis for designing comprehensive policies to reduce the negative impacts of nickel mining and protect fishing communities and the surrounding environment.
{"title":"The Economic and Social Implications of Negative Externalities in Nickel Mining","authors":"Jony Puspa Kusuma, C. F. Ananda, M. Khusaini, A. Manzilati","doi":"10.14738/abr.118.15339","DOIUrl":"https://doi.org/10.14738/abr.118.15339","url":null,"abstract":"This research provides an in-depth understanding of the externalities caused by nickel mining and the importance of communities taking collective action against mining activities in Kolaka Regency. This research focused on sea cucumber fishing households in Tambea Village, Pomalaa Sub-district. In some cases, companies with an IUP can carry out practices that can cause harm to the community and the surrounding environment. Environmental contamination, restricted access to land, and economic limitations are the main issues affected communities face. In the face of adverse economic and social implications due to the negative externalities of nickel mining, sea cucumber fishermen have taken collective action and realized the importance of advocating for their rights and protecting the environment and natural resources that support their livelihoods. To address these negative externalities, we need a comprehensive policy design. Qualitative approach This research uses data collection techniques. The data collected in the case study came from participant narratives, direct observation, and analysis of relevant documents that can provide an in-depth understanding of the unique context, with qualitative analysis revealing a wealth of information and detailed details. The location of the case study research is in a village called Tambea Village, Pomalaa District, Kolaka Regency. The results illustrate the economic and social negative externalities caused by this mining activity to sea cucumber fishermen. The results of this study are expected to be the basis for designing comprehensive policies to reduce the negative impacts of nickel mining and protect fishing communities and the surrounding environment.","PeriodicalId":72277,"journal":{"name":"Archives of business research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48843480","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}
Harijanto Sabijono, S. Murni, Irvan Trang, Inggriani Elim, Maryam Mangantar
This study aims to determine and analyze the influence of Profitability, Capital Structure, Exchange Rates and Interest Rates on Investment Risk and their effect on LQ 45 Index Stock Prices. The analysis was conducted on 25 LQ 45 index companies on the Indonesia Stock Exchange (IDX) using report data financial year 2012 to 2020. This study uses an explanatory design using secondary data in the form of JCI, Stock Return, Stock prices and financial report data obtained from LQ 45 Index Companies on the Indonesian Stock Exchange, as well as interest rates and exchange rates sourced from Bank Indonesia and BPS. Samples were taken by purposive sampling of 25 companies for 9 years of observation, using path analysis. The results of the study state that Profitability has no significant effect on Investment Risk, Capital Structure has a significant effect on Investment Risk, Exchange Rates have a positive and significant effect on Investment Risk, Interest Rates have no significant effect on Investment Risk However, Capital Structure has an indirect and significant effect on Stock Price through Investment Risk as an intervening variable. Profitability has a significant positive effect on stock prices, investment risk as an intervening variable between profitability and stock prices indirectly has no significant effect. Capital structure has no significant effect on stock prices, investment risk as an intervening variable between capital structure and stock prices indirectly has no significant effect. Exchange Rate has no significant effect on Stock Price, Investment Risk as an intervening variable between Exchange Rate and Stock Price indirectly has no significant effect. Interest Rates do not have a significant effect on Stock Prices, Investment Risk as an intervening variable between Interest Rates and Stock Prices indirectly does not have a significant effect. Investment risk has no significant effect on stock prices.
{"title":"The Role of Macro and Micro Factors in Determining Stock Price: Empirical Evidence of LQ 45 Index Companies","authors":"Harijanto Sabijono, S. Murni, Irvan Trang, Inggriani Elim, Maryam Mangantar","doi":"10.14738/abr.118.15312","DOIUrl":"https://doi.org/10.14738/abr.118.15312","url":null,"abstract":"This study aims to determine and analyze the influence of Profitability, Capital Structure, Exchange Rates and Interest Rates on Investment Risk and their effect on LQ 45 Index Stock Prices. The analysis was conducted on 25 LQ 45 index companies on the Indonesia Stock Exchange (IDX) using report data financial year 2012 to 2020. This study uses an explanatory design using secondary data in the form of JCI, Stock Return, Stock prices and financial report data obtained from LQ 45 Index Companies on the Indonesian Stock Exchange, as well as interest rates and exchange rates sourced from Bank Indonesia and BPS. Samples were taken by purposive sampling of 25 companies for 9 years of observation, using path analysis. The results of the study state that Profitability has no significant effect on Investment Risk, Capital Structure has a significant effect on Investment Risk, Exchange Rates have a positive and significant effect on Investment Risk, Interest Rates have no significant effect on Investment Risk However, Capital Structure has an indirect and significant effect on Stock Price through Investment Risk as an intervening variable. Profitability has a significant positive effect on stock prices, investment risk as an intervening variable between profitability and stock prices indirectly has no significant effect. Capital structure has no significant effect on stock prices, investment risk as an intervening variable between capital structure and stock prices indirectly has no significant effect. Exchange Rate has no significant effect on Stock Price, Investment Risk as an intervening variable between Exchange Rate and Stock Price indirectly has no significant effect. Interest Rates do not have a significant effect on Stock Prices, Investment Risk as an intervening variable between Interest Rates and Stock Prices indirectly does not have a significant effect. Investment risk has no significant effect on stock prices.","PeriodicalId":72277,"journal":{"name":"Archives of business research","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-08-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"67144046","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}
F. Romana, C. G. Gestoso, Silvia Gonzalez Fernandez, António Morais Santos
This work was initially carried out with a survey on the importance of responsibility centers in small and medium-sized enterprises (SMEs). After some research I came across the fact that the literature is very focused on large companies, and not so much on SMEs. This fact is not directly proportional to reality, since 99.9% of companies are SMEs and only 0.01% are large companies. Having the possibility of obtaining an investigation in a specific case of an SME that did not use the management control by centers of responsibility, it was proposed to the administration to change the working methods, so that the analyzes were more real. For this, it was necessary to make a work planning, where all the area directors were involved, in order to obtain the results in a short space of time, it was also necessary to involve the Enterprise Resource Planning (ERP) partner, so that the system had properly programmed, with the new needs of the company.
{"title":"The Importance of Management Control by Responsibility Centres in SMEs: A Successful Case Study","authors":"F. Romana, C. G. Gestoso, Silvia Gonzalez Fernandez, António Morais Santos","doi":"10.14738/abr.118.15300","DOIUrl":"https://doi.org/10.14738/abr.118.15300","url":null,"abstract":"This work was initially carried out with a survey on the importance of responsibility centers in small and medium-sized enterprises (SMEs). After some research I came across the fact that the literature is very focused on large companies, and not so much on SMEs. This fact is not directly proportional to reality, since 99.9% of companies are SMEs and only 0.01% are large companies. Having the possibility of obtaining an investigation in a specific case of an SME that did not use the management control by centers of responsibility, it was proposed to the administration to change the working methods, so that the analyzes were more real. For this, it was necessary to make a work planning, where all the area directors were involved, in order to obtain the results in a short space of time, it was also necessary to involve the Enterprise Resource Planning (ERP) partner, so that the system had properly programmed, with the new needs of the company.","PeriodicalId":72277,"journal":{"name":"Archives of business research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-08-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41410268","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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