Journal of Management, Economics, and Industrial Organization
Journal of Management, Economics, and Industrial Organization (JOMEINO) ISSN: 2521-7054 (Online) DOI: 10.31039/jomeino
Optimizing firm value: A panel threshold analysis of manufacturing firms’ capital structure listed in Dhaka stock exchange
This research investigates the complex interrelationship between strategic capital structure choices and their impact on the firm's value. This study looks at 29 leading manufacturing firms, both in engineering and textile industries listed with the Dhaka Stock Exchange, from 2010 through 2023. The analysis performs nonlinear threshold effects related to capital structure, with the selection of Tobin’s Q as the representative indicator of firm value, while the D/E ratio serves as the main explanatory variable. The study employs a panel threshold regression model, which identifies a critical D/E ratio of 1.51, above which the leverage effects on firm value become significantly negative. Descriptive statistics and correlation analysis reveal that there are reliable financial trends among companies, where profitability and growth are directly linked to market valuation. The outcomes demonstrate the importance of keeping leverage at a moderate level to enhance business value and prevent the adverse effects of too much debt. This study improves awareness of capital structure in emerging markets, enabling policymakers and business managers to make more informed decisions and contribute to advancing financial practices.
Copyright (c) 2025 Author(s) https://creativecommons.org/licenses/by/4.0/
Efficiency analysis of risk management practices and their impact on income in small café businesses: The case of Battambang, Cambodia
Cambodia's café market is rapidly growing due to increasing consumer demand across all age groups and a rising population. Influenced by Western culture, the younger generation is adopting new lifestyles and tastes, enhancing their quality of life. Improved economic conditions have also given people more disposable income for consuming coffee. However, small cafés, particularly in Battambang, face various management risks, especially in light of COVID-19 outbreak. This study aims to identify the primary risk factors impacting these businesses income and propose practical solutions. The study involved a sample of 80 cafés and in-depth interviews with 15 owners using statistical tools covering stepwise regression and Tobit models. Five risk areas were examined in the interviews: financial, market, operational, reputational, and economic. The results indicate a wide range of revenue, from $10 to $200. Even though some cafés have higher sales, their high costs and ineffective management frequently result in low profits. Additionally, according to the regression analysis, operational risks have the biggest impact on the income of small café businesses, followed by financial and economic risks. These results can provide benefits and wise decisions for all café owners in Battambang to enhance profitability and sustainability.
Public expenditure and agricultural productivity in Nigeria
In a country like Nigeria, which operates on an agrarian economy, agricultural products serve as the essential foundation for sustainable development to thrive. In addition to serving as the main food source for a large segment of the population, the agricultural sector is vital in enhancing the GDP, thus remaining essential to the Nigerian economy. This study examined public expenditure on agricultural productivity in Nigeria from 1981 to 2023. An Augmented Dickey Fuller unit root test was employed to assess the correlation between agricultural output, total public expenditure, gross domestic product, agricultural value added, and the agricultural share of gross domestic production, which were found to be correlated in order one (1). In contrast, capital expenditures and recurrent expenditures were correlated in order zero (0). Furthermore, a co-integration bound test was conducted to explore long-term relationships, revealing that capital, recurrent expenditures, and agricultural production are interconnected in the long run. The short-run test results indicate that capital government expenditures and recurrent government expenditures do not significantly impact agricultural productivity. However, gross domestic product and agricultural value added are found to be statistically significant. Given the findings, it is advised that federal, state, and local governments increase their funding and capital investment in agricultural production. Establishing modern farming facilities would enhance large-scale production, consequently boosting GDP as well.
Influence of cultural intelligence and personal beliefs on the usage continuance intention of travel mobile applications
This study analyzes the influence of cultural intelligence (CQ) and personal beliefs on tourists' intention to continue using travel mobile applications (TMA) in Can Tho City, based on survey data from 212 tourists. The results confirm the importance of CQ and personal beliefs in shaping tourists’ satisfaction with TMA. Specifically, the findings indicate that higher satisfaction with a travel mobile application leads to a greater intention to continue using it. Furthermore, this study reveals that metacognitive CQ, cognitive CQ, and motivational CQ positively influence satisfaction with TMA. Personal beliefs are also found to have a positive impact on satisfaction with mobile travel applications. These insights highlight the key role of CQ and personal beliefs for travel businesses and agencies in enhancing tourist satisfaction and increasing the likelihood of continued usage of TMA.
Stock portfolio and stock return in Nigeria capital market
The study of risk-return relationship and impact on efficient portfolio selection provides valuable insights for both individual and institutional investors in selecting stocks that offer optimal returns with minimal risk. The study examines dynamics of return and risk to portfolio selection for optimal stock return in Nigeria capital market during period January 2013 to December 2022, employing Ordinary Least Squares (OLS) regression method. The study employs a 2 x 3 size-sort methodology to create 30 size-sort portfolios. Source of data for study were gotten from Nigeria exchange group (NGX), Securities and Exchange Statistical Bulletin, and Central Bank of Nigeria (CBN). The findings result reveal small capitalized portfolios performs better with higher returns than big capitalized portfolios showing size effect, while market premium is significant statistically for all portfolios with positive coefficients beta. Hence, it can be recommended that investors should consider small capitalized stocks to build portfolios and considers market premium as an important risk factor to be considered when evaluating variation of stock returns in Nigeria.
The impacts of internal audit quality and accounting information systems effectiveness on SME manager’s perceptions of external audits
External audits for SMEs are often voluntary, leaving the decision to managers or owners. This study examines how the effectiveness of accounting information systems (AIS) and the quality of internal audits influence SME managers' perceptions of external audits in a developing economy. Using Structural equation modeling, survey data from SME managers were analyzed. The results reveal that effective AIS and high-quality internal audits significantly enhance positive perceptions of external audits. Effective AIS, characterized by clear policies and adherence to accounting standards, improves financial transparency and decision- making. High-quality internal audits strengthen oversight, fostering trust in external audits. The findings highlight the interconnectedness of internal systems and external auditing, especially in SMEs transitioning to formal economies. By focusing on a developing market context, the study contributes to the literature by addressing the increasing importance of voluntary audits amid regulatory reforms. SME managers view external audits as beneficial for enhancing credibility, accessing loans, and ensuring financial reliability. The findings offer practical implications, emphasizing the need for stronger internal systems to support external audit adoption.
Copyright (c) 2024 Author(s) https://creativecommons.org/licenses/by/4.0/
Factors influencing teacher educators' decision to work at Battambang Teacher Education College: Challenges and strategies for recruitment and retention
This study explores the factors influencing teacher educators' decisions to work at Battambang Teacher Education College (BTEC) in Cambodia, including their challenges and BTEC's strategies for attracting and retaining qualified staff. Through semi-structured interviews with faculty and administrative personnel, the research identifies that professional opportunities, personal motivations, and financial incentives significantly impact career choices. However, challenges such as inadequate resources, limited professional development, and insufficient administrative support hinder job satisfaction and retention. The study underscores the need for effective strategies, like competitive compensation and targeted marketing, and a supportive workplace culture through mentorship programs. Addressing these challenges can enhance BTEC's attractiveness as a premier educator development college, ultimately improving educational outcomes and fostering stakeholder optimism.
Exploring the hurdles of community-based tourism: The case of Bandarban in Bangladesh
Being one of the most attractive places for adventure tourists, home to 11 tribal communities with their unique and colorful culture, Bandarban has enormous potential for community-based tourism (CBT) development in many areas. However, in the development process, many challenges are being faced by the locals. Thus, this project is conducted to identify the hurdles to implementing community-based tourism in Bandarban. From the literature, nine independent variables were identified to test through regression analysis, and seven were significant. Significant variables that cause hurdles to CBT development are language barriers, inadequate infrastructure, insufficient training facilities, shortage of trained human resources, limited access to information, increased cost of living, and limited community involvement in decision-making. The study further found that the local community in Bandarban has sufficient knowledge about CBT and is optimistic about the tourists and CBT development, which can benefit future development. Further study suggests the stakeholder analysis to get an insight into each stakeholder's involvement in the CBT development process.
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Entrepreneur’s assessment on e-governance implementation of a Philippine countryside municipality: The mediating effect of perceived trust
This study aims to explore entrepreneurs’ assessment of e-governance implementation in a Philippine countryside municipality and investigates the mediating effect of perceived trust. The researcher utilized a cross-sectional research design among the 302 registered entrepreneurs in the locality. Findings revealed that entrepreneurs perceived moderately high e-governance implementation in terms of perceived usefulness, service quality, satisfaction level, and perceived trust. Findings also showed that perceived trust mediated the perceived usefulness, satisfaction level, and service quality and satisfaction level relationships. With the interconnectedness of these variables, policymakers and administrators may optimize those services that largely influence the constituents’ confidence in the implementation of e-governance.
integrated business permit and licensing system
Information exchange and collaborative problem-solving roles in organizational conflict resolution
It has been established that conflict is inevitable in organisations given the composite nature of the work environment. This study on Information Exchange and Collaborative Problem-Solving Roles in Organizational Conflict Resolution specifically reviewed the import of the exchange of information and collaborative problem-solving in the conflict resolution process. The study employed the use of a structured questionnaire administered through Google form to 180 respondents involving Executives, Management, Union leaders, and other rank officers from Banking & Fintech, Professional Institutes, Manufacturing, MDAs, Telecom, Oil & Gas sectors from southwest Nigeria using a stratified random sampling technique. Two research questions and two hypotheses were raised to guide the study. The two hypotheses were tested at a 0.05 level of significance using the T. test table. Data were analysed using charts, tabulations, percentages, and Pearson Product Moment Correlation Co- efficient (PPMC) methods. The outcome of the hypotheses confirmed that there were significant relationships among the exchange of information, collaborative problem-solving, and conflict resolution in the organisation. Essentially the purpose of conflict resolution in the organization is to enhance collaboration, and consensus building, promote inclusiveness of all social partners, and intervene in matters that could instigate conflict. The exchange of information and collaborative problem-solving proved to be potent instruments for promoting effective conflict resolutions. It is therefore recommended that organizations should adopt the use of these forms of social dialogue in resolving conflicts.
Volatility transmissions in Philippine foreign and stock exchange markets
As the furthermost popular measure of risk in many financial activities, recent developments such as initiation of new methodologies should be explored to keep up with the market dynamics. This study examines Philippine Stock and Foreign Exchange Market from 1 January 1987 through 1 January 2020. Modified iterated cumulative sum of squares (MICSS) algorithm is implemented to trace structural breaks in the variance. Local political events are blamed for stock market disruptions, but financial crises have an impact on foreign exchange markets. General autoregressive conditional heteroscedasticity (GARCH) model is then employed in estimating persistence in volatility and a framework to test for spillover effects (hypotheses of heat wave and meteor shower). Substantial drop of volatility persistence is seen in the model, once structural breaks are present. With respect to volatility dynamics, heat waves’ supremacy is observed for both markets.
Work performance incentivization in the Philippine public educational organization
This study investigates the impact of Performance-Based Bonus (PBB) in incentivizing the work performance of public-school teachers in the Philippine educational bureaucracy. Using a cross-sectional design, a survey was administered to public school teachers and personnel in 10 selected schools in the Cagayan Valley region, Philippines. The mechanism of incentivizing work performance is found efficient in increasing work productivity. The interplay of top-down and bottom-up management approaches is paramount in the planning and realization of the agency's PBB key result areas. However, there are perceived issues that the PBB scheme needs further clarification and improvement in its implementation. Regardless of how they may feel about the practical difficulties in the PBB implementation, it serves its purpose as a strong incentivizing scheme for employees to perform, which has a good effect on work productivity.
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Analysis of micro, small, medium enterprises: The cases of Singapore, Malaysia, Philippines, Thailand and Vietnam
Micro, small and medium enterprises (MSMEs) have a great importance in various economic systems in global scale. In early 2000s, the promotion of MSMEs has been a main key player in promoting economic activity in the region. As purported and pillared by the ASEAN Economic Blueprint, the main economic integration strategy will focus on the merging of local economies in the region through the MSMEs. However, theoretically and economically speaking, in order for integration to exist, the local markets should be moving sensitively with respect to other markets inside the economic bloc market. Thus, this study attempted to study the conditioning effect of the number of MSMEs, number of employment generation to the Gross Domestic Product (GDP) of Singapore, Malaysia, Philippines, Thailand and Vietnam. The researchers used descriptive-causal design through panel regression model using secondary data to treat and analyze data sets. The findings revealed that there was scattered pattern of growth among numbers of MSMEs in the undistributed growth among employment generation of MSMEs. Considerably, the regression revealed through a random effect model that there are no integration or movement effects of MSME contributions to their respective GDP using Singapore as reference. The study concluded that there is no country-effect sensitivity within and among the compared countries. Hence, economic integration as a status quo is not a viable economic strategy. Thereby, the researchers recommend the internal policies within nations to intensify, promote, develop and provide safety nets to strengthen the MSMEs of their respective states.
Copyright (c) 2023 Journal of Management, Economics, and Industrial Organization https://creativecommons.org/licenses/by/4.0/
Effects of Covid-19 pandemic on organizational transformation and employee’s performance
This study explored ‘Effects of Covic-19 Pandemic on Organizational Transformation and Employees Performance’ with specific focus on Veritas University Abuja, Nigeria. Corona Virus is a pandemic of monumental consequences to health, world economy and well-being of individual that changes our ways of life. The goal of this investigation was to ascertain the degree to which Covid-19 driven change impact positively on employees’ and organizational performance. Literatures were reviewed and a survey and descriptive research design was adopted. 438 questionnaires were dispersed via expediency sampling technique to staff from different programmes. Nevertheless, only 394 questionnaires which were properly filled and retuned were used for the analysis. Quantitative approach, which involved using the ranking data's Spearman rank correlation coefficient for data analysis. The findings posit that Covid-19 driven transformations have both positive and negative connection with the employees’ performance and job satisfaction. This shows that Covid-19 driven transformations does not encourage staff to deliver better work, and the result thus, is high employees’ turnover. Finding further depict that, the Covid-19 motivated transformations have positive relationship with organizational performance as per the level of expectations. The researchers recommended that, institutions or firms should embrace the conventional ‘new normal’ behavior of performing task and responsibility, build hi-tech capability and show flexibility and desire to embrace changes in technology.
Financial markets' development and economic growth nexus: An analytical appraisal from Bangladesh
The impact of Bangladesh's financial market development on the nation's economic growth from 1993 to 2020 is examined in this article. Unit root tests, cointegration tests, vector error correction models, and causality tests were performed to evaluate the results. As a result, the unit root test at first difference indicated that the variables were stationary. The Johansen cointegration test revealed that the variables were cointegrated, and the vector error correction model revealed that there was a long-term interaction. According to the results of the casualty test, some variables have a unidirectional causal relationship, but other variables do not. The study's findings suggest that promoting financial development frequently affects the economy and the policymakers of the financial market can move forward with potential initiatives by considering the results from this analytical review.
Social media marketing and sales performance of selected small and medium enterprises in South-West Nigeria
This study examined the effect of social media marketing on the success of selected small and medium-sized enterprises (SMEs) in the South-West region of Nigeria. The study used a descriptive survey approach. Small and medium-sized enterprises that are official registered in South-West Nigeria SME offices made up the study population. The sample size of 376 was arrived at with the help of the Raosoft Sample Size calculator. Data was collected from the owner/managers of the selected SMEs. using questionnaire as the primary data collection method. The questionnaire was tested for reliability, and the Cronbach alpha coefficient came in at 0.889. Both descriptive and inferential statistics (SPSS 24 and Smart PLS 3.3.3) were applied to the data set for analysis. With a 95% level of confidence, the PLS-SEM results showed that customization (β= 0.252, t= 1.970) and social interaction (β= 0.472, t= 4.229) are statistically significant, while branded entertainment (β = 0.017, t= 1.1101), customer engagement (β= 0.065, t= 0.493), and electronic word of mouth (β= 0.093, t=0.548) are not. The data analysis showed a positive relationship between social media marketing and sales growth in the Southwest of Nigeria. The study found that SMEs in Southwest Nigeria saw a significant increase in sales after implementing social media marketing strategies, and it is recommended that business owners should build stronger relationships with their customers and produce more engaging content on their social media channels geared towards their brand to improve their sales performance.
The effects of trade facilitation on Vietnam's trade relationship with ASEAN countries
In trade agreements, the term “trade facilitation” is commonly used. Countries that participate in trade agreements must abide by the conditions of the agreement. The purpose of this study is to apply the gravity model to evaluate trade facilitation measures for the trade relationship between Vietnam and ASEAN countries from 2000 to 2020. The effects of trade facilitation measures are positive, according to the results of ordinary least squares regression and a fixed effects model. This work employs the System Generalized Method of Moments estimator to solve the endogenous problem. The findings also demonstrate that trade facilitation had a favorable impact on Vietnam's trade flows throughout this time period. This demonstrates that the deployment of trade facilitation measures in recent years has improved the trade ties between ASEAN members and Vietnam. The execution of these policies not only improves Vietnam's increasingly healthy business environment, but also aids the country's progressive transformation into one of the world's most open economies.
Copyright (c) 2022 Author(s) https://creativecommons.org/licenses/by/4.0/
The effect of a psychological capital on employee performance through quality of work life
Change of environment and technology that occurs in the era of globalization. Force organization to adapt more rapid which would survive in global competition. Therefore, superior human resources are needed that are equipped with psychological capital and good performance. The research plans to determine the impact of psychological capital on employee performance through quality of work life. The object of this analysis is 110 respondents as the representative employee from PG Krebet Baru with purposive sampling. This research uses the Partial Least Square Structural Equation Model (SEM-PLS). Research has found that psychological capital affects positive employee performance and quality of work life. Then, the quality of work life acts as a partial mediation between psychological capital on employee performance.
Fintech, strategic adaptation in shock of COVID-19: A review of the empirical literature
This study is an empirical literature review about the strategic adaptation in the context of COVID-19 that is a cause of economic shock. We reviewed existing publications and determined that COVID-19 is an economic shock; it significantly influences firm strategy. Besides that, the fintech company's characteristics and the firm respondents' experience lessons from the previous crisis are explored, which are the background to propose the two strategic adaptations for the fintech company. Firstly, the consolidation strategy for the time of COVID-19 contains three respondents: maintain frequent operational activities, increase research and development investment, and implement marketing campaigns. Secondly, in the spreading strategy for the post-COVID-19 period, we recommend a product and customer diversification strategy, concentrating on the risk of law and allocating resources efficiently. Besides that, we discuss the trend of an alliance network between the fintech company and the traditional financial institution, like the win-win strategy for both entities. Furthermore, suggestions for the directors of the fintech companies and directions for further research are proposed.
Financial access and productivity of manufacturing firms in the Philippines
Many scholars examined and immensely found significant causal relationship present between access to finance and firms’ productivity. However, limited studies and inconclusive generalizations are still pervasive regarding co-existing nexus between financial access in form of overdraft facilities offered by financial institutions toward productivity of manufacturing firms in the Philippines. In addition, cross-country differences related to business environment, income levels, size and depth of the financial system, financial frictions and legal constraints potentially exposing model estimations to simultaneity issues. Thus, this study extends the empirical examination of finance-led productivity growth assumptions and expands the application of econometric modelling through instrumental variable regression models using an enterprise survey conducted in 2015 by the World Bank among selected manufacturing firms in the Philippines. The main findings revealed the positive and significant impact of financial access through acquisition of overdraft facilities in enhancing manufacturing firms’ productivity proxied by real annual sales. Meanwhile, other firm-related factors such as R&D and capital intensities were also found to have significant influence on productivity of manufacturing firms. These results signal practical implications highlighting managers consideration in the inclusion of overdraft facilities as an alternative source of funding for their financing strategies alongside proper resource allocation and management of technology and capital structure, which will provide an avenue for firms to achieve the desired level of productivity growth. However, lack of empirical evidence was found regarding the significant contribution of financial access on productivity when proxied by measures of TFP.
Procurement performance improvement: A case study of non-profit organization in Myanmar
Supply chain management is a critical process for a humanitarian organization to fulfill the requirement of targeted beneficiaries who need assistance for their daily life to access foods, shelters, water & sanitation, etc. This research is about a non-profit organization that has been facing poor supply chain performance for the food procurement process in the targeted area of offices. This issue is a sensitive case for the organization to show the transparency of the process, the performance of the procurement process and accountability to donors. According to historical data from January 2017 to December 2018, there are 12 procurement cases (tender) were conducted by the two offices. Data were analyzed and the average total lead time of the current food procurement process is 41 days which is over than standard time as in policy. To overcome this issue the researcher applied Value Stream Mapping (VSM) Methodology for the improvement of process value-added time and to reduce the total lead time of the process in order to finish within the suggested time frame. The VSM methodology was applied to identify the wastes (non-value-added activities) and their root causes by applying causes and effects analysis in the process of tender from reviewing purchase to the payment process. Then, a work plan developed and applied in the current process during the specific period, and after that, the researcher tested the pilot test whether the work plan is effective to achieve a good procurement process or not. To monitor the future process, a performance measurement plan was developed for the continuous improvement of the process performance of an organization.
An analysis of Cambodia’s e-commerce and way forward
This study aims to explore Cambodia’s e-commerce before and during the pandemic and provide recommendations as a way forward, by consulting with the government’s and international organizations' secondary data. It is found that e-commerce in Cambodia has just surged in the last few years mainly due to the diffusion of technology and mobile internet. This comes in tandem with the outbreak of the world pandemic when traveling has been restricted making online shopping a new experience. Thanks to the young population, vast internet use and private investments, they all contribute to the recent development. However, there are barriers that hampered the growth emanating from insufficient rules and regulations, the lack of consumers’ trust, and the low digital literacy rate. Therefore, it needs involvement from government bodies to promote digital competency, strengthen online security, and support innovation and start-up. Moreover, entrepreneurs should partake in this journey by registering their online business, forming associations, adopting the local language on online platforms and investing more in digital infrastructure.
Human capital and internet literacy impact on economic growth in Indonesia
This study investigates the development of human capital in Indonesia through investment in education and health by the Indonesian government on job participation and economic growth. Modeling "autoregressive vectors" used to understand the causal link between variables required 21 years, from 2000 to 2020. The World Bank and the Indonesian Central Statistics Agency provided secondary data for this study. We use the variables of education, health, internet literacy, work participation, and economic growth in Indonesia. We found that internet literacy has a significant effect on economic growth and also provides a significant boost to education and health. Where education and health are the main factors forming human capital that have an impact on the quality of human resources. Improving the quality of education from the education and health development process has an impact on job participation. Employment participation itself encourages increased investment in education and health. This can illustrate the role of internet literacy and human capital on economic growth in Indonesia where economic growth can be boosted by increasing internet literacy and human capital.
Agricultural productivity, food prices and inflation in Nigeria
Despite being an agrarian economy, Nigeria has been characterized by high food prices and inflation. This is against the expectation that in an economy where agricultural productivity is supposedly high, increased food abundance should exalt pressure on food prices, making it possible for food prices to decline, hence a decrease in inflation. To examine if agricultural productivity has any effect on food prices and if such effect transmits into inflation, time series data for Nigeria between 1981 and 2021 were used. The data were calibrated on a 3-variable structural vector autoregressive model (SVAR). Results indicated that the transmission of agricultural productivity to inflation in Nigeria is a long-run phenomenon. Increased agricultural productivity induces a positive change in food prices while an increase in food prices is accompanied by fall in inflation in the long run. The study recommends measures such as subsidization of agricultural inputs or legislation to keep input costs low so as to prevent the food prices increase that is likely to result from increased agricultural productivity due to increased production costs.
Causality relationship between human capital, technological development and economic growth
In this research, human capital, technical advancement, and economic growth in Indonesia are examined using vector analysis. In analyzing causality, we use a research period of more than 20 years using secondary data from the world bank. Our findings show that technology development and Human Resources are two important components in economic development. Human resources are an important factor of the industry and the quality of human resources is determined by the human capital owned by these human resources. Technology aids people in their job, allowing them to execute at a higher level of efficiency and quality. Investment in technological development and human capital may increase the speed and quality of human beings, which can lead to increased economic growth and productivity. A strong economy is essential to the long-term viability of human capital and technology investment. Human capital and technology are mutually reinforcing each other in the development of Indonesia as a result of economic progress. The three variables are in a mutually reinforcing relationship so that the three variables are closely related and mutually reinforcing.
Impact of sub national public debt on economic growth in Nigeria
The study investigated the relationship between sub national public debt and economic growth in Nigeria from 1981-2019. This study adopted the endogenous growth theory as the theoretical framework guiding the study. An OLS multiple regression model was used. All variables were found to be normally distributed and free from autocorrelation, heteroskedasticity as well as multicollinearity. The study provided evidence of a positive relationship but not significant between sub national public debt and economic growth in Nigeria. Population growth and sub national capital expenditure also has a positive relationship but not significant relationships with economic growth. Sub national government budget deficit have a negative impact on economic growth although not significant. When the exchange rate was introduced a moderating variable in the model there was a negative relationship between sub national public debt and economic growths. This means that foreign exchange rate is important in determining the direction of sub national public debt in Nigeria. The study recommends that state governments should direct borrowings to capital projects which will improve the growth through employment and income generation.
Investigating the endorsement of the technology acceptance model for mobile banking: The case of Lampang Province, Thailand
At present, the transformation of financial technology has affected consumer's behavior of technology adaptation on a global and local level. This study investigated the impact of perceived usefulness, perceived ease of use, and trust of use in the intent of use for mobile banking in Lampang Province, Thailand. This research data was collected using questionnaires. The sample size of this research was 385 respondents who have used mobile banking in Lampang Province, Thailand. The data’s were analyzed by multiple regression analysis. The results found that perceived usefulness, perceived ease of use and trust of use in the intent of use for mobile banking. The predictive coefficient value (R2) was 0.515 or 51.50 percent with statistical significance at the 0.05 level. This research recommends the effective suggestion for Thai banks and Thai government agencies that the financial technology management and the fundamental of financial technology systems were improved to achieve financial service efficiency in future.
Impact of social media on start-up survival: Qualitative evidence from Ghana
This study investigates how social media as a strategic tool affects start-up survival in Ghana. This study employed a qualitative method particularly, adopted case study approach, interviewing start-ups employees through a questionnaire form. The results show that social media would serve as a strategic tool for start-ups through their lifecycle and has a significant impact on their survival. The study further confirms that Facebook and Twitter are effective social media platforms and can be used for effective communication with ecosystem players and customers, customer attraction, marketing intelligence and image building. In addition, we identified that the adoption of social media is positively related to internet and mobile phone accessibility. This paper contributes to the body of knowledge on start-up efficiency and effectiveness from a developing country’s perspective. The paper also benefits ecosystem players and practitioners to formulate possible policies and strategies at each lifecycle stage for customer engagement and creating networks with other stakeholders.
Investigate the factors affecting the competitiveness of Vietnam's small and medium businesses (SMEs)
Small and medium businesses play a vital part in a country's economic development. However, the development of enterprises depends on the competitiveness of each enterprise. Enhancing competitiveness in each enterprise is indispensable in the current intense development process. This article implements a survey method for 168 SMEs in Vietnam to find out the factors affecting the competitiveness of enterprises. In this article, the author gives 3 basic factors affecting the competitiveness of enterprises, including Internal factors, Corporate Social responsibility, and Government policies. All factors have a positive impact on the competitiveness of enterprises. Research results show that the state's policy institutions have the most substantial impact on the competitiveness of enterprises. Based on the research results, the authors make policy suggestions for businesses to improve their competitiveness in the current context.
Moderating effects of gender equality on responsiveness and patients’ satisfaction
When a patient is satisfied with the services of the healthcare providers, he or she would recommend such healthcare outfit to others for patronage. This would certainly improve the revenue base of the organization. The intent of the study was to look at the moderating effect of gender equity on responsiveness as well as patient’s satisfaction in the healthcare institution. A prearranged questionnaire was adapted for this research and used to solicit information from the participants of this study. Furthermore, survey and cross-sectional research design was employed. Likewise, probability sampling method was adopted. Data analysis was conducted using Partial Least Squares Structural Equation Modeling (PLS-SEM), and SmartPLS 3.0. Outcome of the study shows a considerable correlation involving responsiveness as well as patients’ satisfaction. Similarly, the finding shows that gender did not significantly moderate the correlation involving responsiveness as well as patients’ fulfillment in Federal Medical Centre, Keffi, Nasarawa State. The article play an important role as well as contribution’s that may be helpful in the course of decision making concerning service quality, customer happiness, among others working in FMC, Keffi, Nasarawa State. The researchers concluded that the variable used to assess patients’ satisfaction would make great impact on the patients if properly cared for by the management. We recommended that the management should employ gender differences between males and their feminine counterpart patients to improve on responsiveness and customers’ satisfaction.
responsiveness and patients’ satisfaction