Mahla Sarmadi; Mohammad Esmaeil Ezazi; Habibullah Salarzehi
Volume 4, Issue 4 , April 2017, , Pages 348-366
Abstract
The fundamental determinant of developed societies in the present evolving world is how knowledge, education, research, as well as efficient workforce status are acquired. In this regard, the dominant and advantageous contribution of all natural, economic, and strategic resources and factors is substituted ...
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The fundamental determinant of developed societies in the present evolving world is how knowledge, education, research, as well as efficient workforce status are acquired. In this regard, the dominant and advantageous contribution of all natural, economic, and strategic resources and factors is substituted by the extent of benefiting from sciences. Higher education is the highest and last step of educational system in any country, always closely linked to communities’ development. Higher education financing, which must go along with developing higher education industry and economic development, is what that significantly influences developing higher education system. The important issue for financing higher education is to apply proper methods of financing universities. Hence, the present research collected the information of identifying financing methods of top universities in Iran and around the world using library research method. And finally, the methods are analyzed and compared using descriptive statistics.
Fatimah Sari Siregar; Rizki Ajura Ayu Ningtia; Nabila Khalisa Br Simamora; Meily Winie Manik; Manik, Dinda Dewi
Volume 5, Issue 5 , May 2018, , Pages 353-359
Abstract
The comic is one of the print media and is liked by the children and adults. Comics legend of North Sumatera is a result of the innovation from the comics "generally serving as a means to for preserve the local wisdom. Now the local wisdom is about the story of the people or the legends located ...
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The comic is one of the print media and is liked by the children and adults. Comics legend of North Sumatera is a result of the innovation from the comics "generally serving as a means to for preserve the local wisdom. Now the local wisdom is about the story of the people or the legends located in North Sumatera. The purpose of the creation of this comic is to create new innovations and business opportunities and receiving complain community awareness of local wisdom in North Sumatera. The implementation of methods that include data collection, product creation and marketing. The end result of the product is in the form of comic books and also the digital application.
Inès Belgacem; Abdelwahed Omri
Volume 1, Issue 5 , December 2014, , Pages 353-370
Abstract
The present research examines empirically whether domestic investors in the Tunisia Stock Market (BVMT) perceive voluntary disclosure to be value-relevant. The study is motivated by the market-based value-relevance literature in the U.S. and by the developments of accounting and stock markets in Tunisia. ...
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The present research examines empirically whether domestic investors in the Tunisia Stock Market (BVMT) perceive voluntary disclosure to be value-relevant. The study is motivated by the market-based value-relevance literature in the U.S. and by the developments of accounting and stock markets in Tunisia. This research, explores through an investigation by questionnaire external auditors’ perception of the value relevance of voluntary information in the annual reports, it also uses panel data analysis to examine the association between voluntary disclosure and firm value. The Results reveal that external auditors discern that the politics of voluntary disclosure in the annual reports is minimalist. Results show, also, the interest that carries these auditors to nonfinancial and budgetary indicators and the utility of the annual report to the certification. After controlling profitability and size, regression results indicate a negative and insignificant relationship between voluntary disclosure and firm value. This lack of statistical significance supports the idea that there is a complex interplay of different factors affecting this association. However, this paper has contributes to that investigation in the context of emerging capital market in the North African Region.
Farzan Yahya; Zahiruddin Ghazali
Volume 3, Issue 6 , June 2016, , Pages 354-366
Abstract
This study aims to report the results of an investigation into the effect of accounting and market based performance measures on CEO compensation along with the moderating role of dividend policy. The study has utilized hierarchical multiple regression on a sample of 66 financial companies/banks listed ...
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This study aims to report the results of an investigation into the effect of accounting and market based performance measures on CEO compensation along with the moderating role of dividend policy. The study has utilized hierarchical multiple regression on a sample of 66 financial companies/banks listed on Karachi Stock Exchange (KSE), for a 5-year period (2010-2014). The results indicate that there is positive and significant impact of accounting based measures (operating performance and firm size) on CEO compensation. In case of market-based measures only growth opportunities have significant and positive impact on CEO compensation. Significant negative impact of market share and insignificant effect of market performance on CEO compensation has been revealed. Contrary to agency theory, this study finds that dividend policy is not utilized as a substitute control device. Additionally, dividend policy cannot mitigate agency conflicts in financial sector of Pakistan due to its ineffective role as aligning mechanism. Overall, the results imply that inefficient dividend policy can further distort the pay-performance link.
Behzad Hassannezhad Kashani; Akbar Nasrollahi Kasmani
Volume 5, Issue 6 , June 2018, , Pages 360-410
Abstract
The current paper aims to present a literature review for the researches conducted on internet public policy themes and provides a classification scheme for future research agenda. This research conducts a literature review based on the studies published in English and in a peer-reviewed journal from ...
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The current paper aims to present a literature review for the researches conducted on internet public policy themes and provides a classification scheme for future research agenda. This research conducts a literature review based on the studies published in English and in a peer-reviewed journal from 1979 to 2015. Simple criterion method was used to find articles. 427 articles identified in 267 academic journals. All these articles were analyzed by year of publication, number of articles in the selected journal and area topics. This extended literature review provides an exhaustive and valuable source for future internet public policy research for practitioners and scholars by presenting a comprehensive list of references. Although, part of this article was published by (Kashani & Kasmani, 2018), the references listing associated with each internet public policy issue is original.
Faouzia Mida; Imed Zaiem
Volume 2, Issue 5 , May 2015, , Pages 360-380
Abstract
The environmental movement led companies to consider ecology as a strategic decisional criterion. Concerns have started to be integrated in the study and practice of management and marketing. The object of this research is to propose a typology of Tunisian consumers in terms of their ecologically conscious ...
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The environmental movement led companies to consider ecology as a strategic decisional criterion. Concerns have started to be integrated in the study and practice of management and marketing. The object of this research is to propose a typology of Tunisian consumers in terms of their ecologically conscious behavior. More specifically, this work describes the identified groups based on socio-demographic variables (such as gender, age, income, socio-professional category and religiosity) and on the psychographic variable perceived consumer effectiveness. To this end, we conducted a questionnaire survey next to 200 consumers. The empirical results show the existence of four consumer profiles which are the convinced, aware, mitigated and resistant which led us to produce some useful recommendations for marketing managers wishing to be positioned on the ecological axis.
Shivneil Raj; Mohammed Riaz Azam
Volume 7, Issue 6 , June 2020, , Pages 363-369
Abstract
An uncollected tax is a debt to the state. In Fiji, individuals’ pay income tax if they earn more than FJD$30,000 under the Income Tax Act 2015 (ITA). Thus, the purpose of this paper is to critically evaluate the stand of debt forgiveness by the lender to the borrower in the Fiji Income Tax Act ...
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An uncollected tax is a debt to the state. In Fiji, individuals’ pay income tax if they earn more than FJD$30,000 under the Income Tax Act 2015 (ITA). Thus, the purpose of this paper is to critically evaluate the stand of debt forgiveness by the lender to the borrower in the Fiji Income Tax Act 2015. Furthermore, the paper has discussed the Islamic viewpoint of debt that is forgiven. The findings indicated that Fiji looks upon the forgiven debts as income in the hand of the borrower and thus is taxed whereas the Islamic view is that such taxes should not be imposed taking into account the verse of the Quran (2:280).
Seyed Hossein Siadat; Sara Shafahi
Volume 4, Issue 4 , April 2017, , Pages 367-378
Abstract
Today’s organizations need to promote profitability, reduce costs, increase market share, increase customers’ satisfaction and other cases that cause to increase validity and create value and meet organizational strategy, while reducing risks and costs in order to gain values and innovation ...
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Today’s organizations need to promote profitability, reduce costs, increase market share, increase customers’ satisfaction and other cases that cause to increase validity and create value and meet organizational strategy, while reducing risks and costs in order to gain values and innovation for the organization. In this research, we aim to measure customer’s perspective from quality of provided services through mobile customer relation management. In this regards, we evaluate banking informatics corporations based on SERVQUAL model that use fivefold dimensions of quality of services. The goal of this research is to identify variables effective on customer relation management through mobile phone and its output variables and provide a model based on these variables. Hence, MCRM has been measured with effect of independent variables on outputs on study case of bank informatics organization (as a provider) and bank (as a customer). Questionnaires were used for data gathering from customers. The results showed that banks have found physical dimension and guarantee are closer to their expectations rather than other dimensions of quality, while dimension of accountability is far from their expectations. The correlation analysis between dimensions depicted that there was maximum correlation between dimensions of accountability and physical dimension, while there was minimum correlation between dimensions of empathy and capability of trusts. With respect to perceptions, there was maximum correlation between dimensions of guarantee and accountability, while minimum correlation was between accountability and trust capability.
Dalia Kaupelytė; Deimantė Kairytė
Volume 3, Issue 6 , June 2016, , Pages 367-377
Abstract
The purpose of the study is to analyze the impact of intellectual capital efficiency impact on the European listed banks performance. In this paper concept of intellectual capital and its components is analyzed and empirical research is performed testing the impact of intellectual capital efficiency ...
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The purpose of the study is to analyze the impact of intellectual capital efficiency impact on the European listed banks performance. In this paper concept of intellectual capital and its components is analyzed and empirical research is performed testing the impact of intellectual capital efficiency on European small and large listed banks financial performance. Data of the research cover period from 2005 -2014. Intellectual capital efficiency impact on banks financial performance is measured for the sample of 118 (52 small and 66 large banks) listed European banks according to their value of total assets. The intellectual capital is calculated by using Value Added Intellectual Capital Coefficient (VAIC) method. For measuring banks financial performance banks profitability, productivity and risk ratios are used. Results of the research support hypothesis that banks intellectual capital has an impact on the financial performance and differences are evident in large and small European listed banks. Authors conclude that intellectual capital had negative impact on large banks financial performance after the financial crisis and negative impact on small banks financial performance before the financial crisis.
Muhammad Iqmal Hisham Kamaruddin; Sofiah Md Auzair
Volume 6, Issue 4 , April 2019, , Pages 368-381
Abstract
The developments of social enterprise (SE) concept around the world have significantly impacted Islamic organizations’ behavior and operation. Due to SE concept where both social and economic objectives are combined in a single entity, it has increased the complexity of Islamic organizations’ ...
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The developments of social enterprise (SE) concept around the world have significantly impacted Islamic organizations’ behavior and operation. Due to SE concept where both social and economic objectives are combined in a single entity, it has increased the complexity of Islamic organizations’ operation. This is vital in maintaining sustainability and offering more contribution toward people especially Muslims society around the world. Islamic organizations that adopted SE concept are known as Islamic Social Enterprise (ISE). With the various types of ISE economics activities and different approaches in legal formation, there are issues arising in relation to its refined and definite concept. The same issues also can be found in the studies related to social enterprise (SE). Therefore, this study attempts to conceptualize the definition of ISE by discussing its objectives specifically from Islamic perspective. This study will enrich the literature on ISE by providing its alternative concept from the Islamic perspective.
Mohammad Milad Ahmadi
Volume 7, Issue 7 , July 2020, , Pages 370-390
Abstract
How can employees be driven to engage in desirable behaviors such as greater participation in achieving goals, collaboration, and knowledge sharing? How can new customers be encouraged to buy the company's products and services? How are brand loyalty, health-oriented behaviors, adherence to rules, and ...
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How can employees be driven to engage in desirable behaviors such as greater participation in achieving goals, collaboration, and knowledge sharing? How can new customers be encouraged to buy the company's products and services? How are brand loyalty, health-oriented behaviors, adherence to rules, and social participation strengthened? Gamification is an interdisciplinary approach that provides answers to all of these questions. Gamification is about designing with the help of game components to create a game-world experience for users in real-world situations. Many managers of for-profit corporations and the public sector now use gamification strategies to influence the behavior of their beneficiaries and gamifying commercial, industrial, and social environments. The present study, with its systematic review of theoretical literature and meta-analysis of related research, intends to acquaint researchers in the fields of management and economics with the capacities of gamification in improving the business. This begins with a description of the basics (such as theories, dynamics, and mechanics) and continues with a summary of gamification applications in Management Aspects and Business/ Institutional Areas. Management Aspects section includes Marketing, Brand Loyalty, Advertising, Education, Organizational Behavior, and Operations Management; and in Business/ Institutional Areas section the applications of gamification in the Healthcare, Tourism, Political Participation, and Military are mentioned.
Samira Kolbehdari; Mohamad Hossein Sobhiyah
Volume 1, Issue 5 , December 2014, , Pages 371-388
Abstract
Growth rate in the number of consortiums formed between Iranian contractors in the construction industry has increased during the recent decade. To enhance competitiveness and capacity, and to enter new markets, contractors in the construction industry develop different forms of consortiums. This case ...
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Growth rate in the number of consortiums formed between Iranian contractors in the construction industry has increased during the recent decade. To enhance competitiveness and capacity, and to enter new markets, contractors in the construction industry develop different forms of consortiums. This case study which is done among the Iranian construction contracting firms centers on the issues involved in the first stage of the process of forming a consortium and agreement that must be negotiated between the partners. Results show that some of the key issues affecting the increase in the success rate of the consortium in the construction industry are identifying the objectives and scope of the consortium, clear definition of each stakeholder’s duties, clarifying the financial rules governing the consortium, identifying the decision-makers, and the decision-making mechanisms in the consortium. Therefore, holding effective and efficient meetings at the first stage of the process of consortium formation and increased understanding of the key issues among the stakeholders has a significant effect on the success of consortium performance.
Zahra Saghi; Vahide Tabassi Lotfabadi
Volume 3, Issue 6 , June 2016, , Pages 378-389
Abstract
The purpose of this study is to investigate the factors affecting customer satisfaction through social marketing features with regard to the moderating role of environmental approach in Organization of Transportation and Traffic of Mashhad Municipality. For this purpose, aspects and parameters related ...
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The purpose of this study is to investigate the factors affecting customer satisfaction through social marketing features with regard to the moderating role of environmental approach in Organization of Transportation and Traffic of Mashhad Municipality. For this purpose, aspects and parameters related to the research variables were identified by referring to conducted studies and based on these variables, a questionnaire was designed based on of 28 questions whose reliability was confirmed by the elite in the field of management. The study population are all contacts of the organization of transportation and traffic of Mashhad Municipality; the sample size of which is 220 people by using Cochran formula. Also, to test the hypotheses of this research, Pearson correlation coefficient test and multiple regression are used and the results suggest that the environment moderates the correlation between social marketing and customer satisfaction in the Organization of Transportation and Traffic of Mashhad Municipality.
Omkar Dastane; Intan Fazlin
Volume 4, Issue 4 , April 2017, , Pages 379-400
Abstract
It is an undisputed fact that the cost of Customer Retention is far lesser than that of acquiring fresh ones. Customer satisfaction is undoubtedly one of the strong factors ensuring customer retention. Several researches have been done in the past to identify factors influencing customer satisfaction ...
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It is an undisputed fact that the cost of Customer Retention is far lesser than that of acquiring fresh ones. Customer satisfaction is undoubtedly one of the strong factors ensuring customer retention. Several researches have been done in the past to identify factors influencing customer satisfaction and in turn leading to customer retention. With changing perceptions, preferences and markets, we find a need to reinvestigate what are the key factors of customer satisfaction affecting customer retention in Malaysian fast food industry. Product quality, service quality, prices, facility and emotional factor are selected as factors of customer satisfaction (independent variables) based on extensive literature review. The research uses primary data collected from 180 Malaysian fast food customers using a multi-factor questionnaire with a Likert-scale from 1 to 5. To ensure reliability and validity the questionnaire was checked by Cronbach’s Alpha and principal components analysis was carried out. Correlation and regression analysis is conducted using SPSS 21 to identify influence and impact of selected factors on customer retention. Descriptive statistics show that the most significant key factor of customer satisfaction is emotional factor followed by store facility, service quality and prices and the lease poor is product quality. Emotional factor and facility plays important role in customer satisfaction that ensures customer retention in Malaysian fast food industry.
Dhouka Oueldoubey; Faouzia Mida; Imed Zaiem
Volume 2, Issue 5 , May 2015, , Pages 381-393
Abstract
Web users surf the net looking for web pages that use several attractive tools such as music, graphics and colors. In the context of online purchasing, these atmospheric variables answer web users’ queries and consequently influence their behavioral responses. The present survey targets the study ...
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Web users surf the net looking for web pages that use several attractive tools such as music, graphics and colors. In the context of online purchasing, these atmospheric variables answer web users’ queries and consequently influence their behavioral responses. The present survey targets the study of the impact of a website’s atmospheric dimensions (readability and design) on the web user’s attitude toward the brand. The study is about an online event created by Tunisiana versus Ooredoo (a private telecommunications operator in Tunisia) following the commercial rebranding that aimed at unifying the group and subsidiaries within one brand. The survey was conducted using administered questionnaire next to a convenience sample of 200 web users. The results of the study demonstrated the positive influence of website readability as well as design on the web user’s attitude toward the brand.
Nitin Bansal
Volume 6, Issue 4 , April 2019, , Pages 382-388
Abstract
Now a day banking institutions have adopted Self Service Technologies to provide financial and non-financial services to its customers regressively. Automated Teller Machine (ATM) is one of the means to provide Self Service banking. The purpose of this research paper is to analyze the various dimensions ...
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Now a day banking institutions have adopted Self Service Technologies to provide financial and non-financial services to its customers regressively. Automated Teller Machine (ATM) is one of the means to provide Self Service banking. The purpose of this research paper is to analyze the various dimensions of ATM service quality on the basis of studies conducted in different part of the world and to analyze the relationship of ATMs service quality with the customer satisfaction. After in depth literature review of 8 studies, it has been observed that there is no consensus of various researchers on multiple dimensions of automated teller machine banking service quality and there is a positive relationship among various dimensions of ATM service quality and customer satisfaction. As a result this paper recommends that further research is required to develop a generally accepted scale to measure ATM banking service quality on various standardized dimensions.
Saeid Hajihassaniasl
Volume 6, Issue 5 , May 2019, , Pages 389-399
Abstract
The main purpose of this study is to analyze the efficiency of sunflower production in the West Azerbaijan province of Iran. In many previous studies conducted in Iran, efficiency analyzes of agricultural producers were examined with parametric methods in general. However, in this study, performance ...
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The main purpose of this study is to analyze the efficiency of sunflower production in the West Azerbaijan province of Iran. In many previous studies conducted in Iran, efficiency analyzes of agricultural producers were examined with parametric methods in general. However, in this study, performance analysis of sunflower production by using Tobit model with Data Envelopment Analysis (DEA), which is known as nonparametric method, is discussed. The technical inefficiency and scale inefficiencies of sunflower producers in the West Azerbaijan province of Iran were 26.2% and 7.5%, respectively and the ineffective production results revealed. The performance of the producers varied between 12.1% and 100%, indicating a large difference in performance. In addition, some social and economic factors have significant effects on technical inefficiency of sunflower production in West Azerbaijan province of Iran.
Meisam Omrani; Fatemeh Heidari
Volume 1, Issue 5 , December 2014, , Pages 389-401
Abstract
One of the main issues in monetary and banking section is determining the deposit and loan interest rates. In today world, determining the deposit and loan interest rates and their notifications has a great significance for a financial system; it can also have many juridical, legal and economic effects. ...
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One of the main issues in monetary and banking section is determining the deposit and loan interest rates. In today world, determining the deposit and loan interest rates and their notifications has a great significance for a financial system; it can also have many juridical, legal and economic effects. So, any change in this important issue can question the economic stabilization of our country. But the question here is that who should specify the deposit and loan interest rates? Is this the duty of the Islamic governor or there is no need to his intervention, and the market itself can reach the equilibrium price based on the principle of freedom? To answer this question, we need to investigate it from the Islamic jurisprudence viewpoint; then after proving that determining the deposit and loan interest rates is a kind of pricing, the results of inspecting the issue of pricing can be used for deposit and loan interest rates determination. This article, firstly, explains the Islamic jurisconsults' views on pricing, then it introduces deposit and loan interest rates determination as kinds of pricing, and uses the results of inspecting the issue of pricing which can be used for deposit and loan interest rates determination.
Nguyen Kim Quoc Trung
Volume 3, Issue 6 , June 2016, , Pages 390-398
Abstract
Market discipline is considered one of the three important pillars in order to remain the stability of banking system. The financial system will work efficiently when the effectiveness of market discipline and the role of market discipline in handling problem banks are controlled and monitored. This ...
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Market discipline is considered one of the three important pillars in order to remain the stability of banking system. The financial system will work efficiently when the effectiveness of market discipline and the role of market discipline in handling problem banks are controlled and monitored. This article will approach to the aspects of participants involved in the deposits and the loans that their actions have caused turmoil on financial markets. The first part of article will consider carefully the definition of the market discipline and those who will implement the necessary preconditions for effective operation. Then, the article will discuss the indiscipline in the United States during the financial crisis and the undisciplined movement of commercial banks in Vietnam for the period 2008 – 01/2016. Hence, the article will recommend some solutions to increase the discipline in the activities of commercial banks in Vietnam, such as strengthening the leading role of central banks in regulating the economy and the monetary policy to stabilize the general price levels; raising the importance of corporate governance in financial institutions; and finally, ensuring the transparency of information systems.
Kazuhiro Ohnishi
Volume 7, Issue 7 , July 2020, , Pages 391-399
Abstract
This paper considers a mixed duopoly market in which a private firm competes against a public firm. Each firm first has to choose the timing for offering a wage-rise contract as a strategic device. The timing of the game is as follows. In stage one, each firm chooses either stage two or stage three simultaneously ...
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This paper considers a mixed duopoly market in which a private firm competes against a public firm. Each firm first has to choose the timing for offering a wage-rise contract as a strategic device. The timing of the game is as follows. In stage one, each firm chooses either stage two or stage three simultaneously and independently. In stage two, the firm choosing stage two offers a wage-rise contract in this stage. In stage three, the firm choosing stage three offers a wage-rise contract in this stage. At the end of the game, each firm chooses its actual output simultaneously and independently. The paper studies the behavior of the public firm and the private firm in the mixed duopoly model. The aim of this paper is to present the equilibrium outcome of the mixed duopoly model.
Reza Samizadeh; Hamidreza Koosha; Soudabeh Namdar Zangeneh; Sahar Vatankhah
Volume 2, Issue 5 , May 2015, , Pages 394-403
Abstract
In this paper, we proposed a new model to evaluate a customer's lifetime value, considering non-financial elements such as the customer’s churn probability, cooperation capability, willingness to refer, willingness to recommend, and innovation. We tested our proposed model on customer data from ...
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In this paper, we proposed a new model to evaluate a customer's lifetime value, considering non-financial elements such as the customer’s churn probability, cooperation capability, willingness to refer, willingness to recommend, and innovation. We tested our proposed model on customer data from a mobile phone operator to evaluate the effect of each element on the customer's lifetime value. Four hundred and twenty questionnaires were distributed and 400 questionnaires were determined to be suitable for our study. We employed structural equation modeling using Smart-PLS software and we have found that the innovation, customer’s churn, willingness to refer, and cooperation elements have the strongest effect on the customer's lifetime value.
Sothan Yoeung; Li Baoku; Wu Zheng Xiang
Volume 3, Issue 7 , July 2016, , Pages 399-410
Abstract
The paper aims to study the relationship between organizational commitment and knowledge sharing; organizational commitment and employee creativity; knowledge sharing and employee creativity; and the knowledge sharing plays as mediator role. Simple sizes of 342 respondents from 17 four and five star ...
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The paper aims to study the relationship between organizational commitment and knowledge sharing; organizational commitment and employee creativity; knowledge sharing and employee creativity; and the knowledge sharing plays as mediator role. Simple sizes of 342 respondents from 17 four and five star hotels were collected in Cambodia. In order to achieve the purposes of this study and test the hypotheses, so that structural equation model (SEM) was employed. Results revealed that organizational commitment have influence on knowledge sharing and employee creativity, respectively; knowledge sharing has influence on employee creativity; and knowledge sharing also plays as partially mediated between organizational commitment and employee creativity. The finding is to fulfill the gap of literature and empirical study.
Muhammad Ahmad Mazher; Jauhari Dahalan
Volume 7, Issue 7 , July 2020, , Pages 400-415
Abstract
Our study based on determining factors that affect the function of demand for money in the Malaysian economy over 1970-2018 based on time-series data collected from WDI (World Bank). We tacitly include real CPI, real interest rate, financial innovation, real GDP, and implied the ARDL Bound tests. Derived ...
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Our study based on determining factors that affect the function of demand for money in the Malaysian economy over 1970-2018 based on time-series data collected from WDI (World Bank). We tacitly include real CPI, real interest rate, financial innovation, real GDP, and implied the ARDL Bound tests. Derived from empirical evidence, we revealed that financial innovation has quite a significant and positive impact on the short-term. In contrast, real GDP has a negative and meaningful relationship with real money demand function in Malaysia. The official real exchange rate has a positive and significant relationship with real-money demand, with an increase in the real exchange rate of one unit, boosting the long-term function with money demand by 0.97. Negative and significant relationships revealed that by raising 1% real GDP dissecting to decrease real money demand by 0.6395 in the Malaysian economy. Eventually, real money demand anticipated 13.0796 once all independent variable in the Malaysian economy is zero.
Sarah Dina; Indra Maipita; Zahari Zein
Volume 6, Issue 5 , May 2019, , Pages 400-413
Abstract
Economic growth is one of the major keys in the development of a country. This research aims to analyze the effect of capital accumulation growth, the regional minimum wages, and total factor productivity growth against Indonesia's economic growth. The analysis in this study uses the equation by the ...
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Economic growth is one of the major keys in the development of a country. This research aims to analyze the effect of capital accumulation growth, the regional minimum wages, and total factor productivity growth against Indonesia's economic growth. The analysis in this study uses the equation by the method of Error Correction Model (ECM). This study analyzed the relationship between the independent variable and the dependent variable, both in the short-term and long-term. Estimation results show that in the short-term both the variable capital accumulation, the regional minimum wage and total factor productivity growth affect Indonesia's economic growth but in the long-term, there are two variables that influence positive and insignificant i.e. investment, the Regional Minimum wage affects economic growth in Indonesia. And Total Factor Productivity growth in the long-term have a positive and significant influence on economic growth in Indonesia. Thus, it can be concluded that Total Factor Productivity is the main determining factor affecting economic growth in Indonesia.
P Purwanto; Raeny Tri Juliani
Volume 4, Issue 4 , April 2017, , Pages 401-430
Abstract
The objective of this research is to compare the financial performance between Islamic and conventional bank in Indonesia in the period of 2006 – 2014 by using financial ratios. Financial ratios that are used consist of capital adequacy ratio (CAR), loan to deposit ratio (LDR), non performing loan ...
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The objective of this research is to compare the financial performance between Islamic and conventional bank in Indonesia in the period of 2006 – 2014 by using financial ratios. Financial ratios that are used consist of capital adequacy ratio (CAR), loan to deposit ratio (LDR), non performing loan (NPL), operational efficiency ratio (OER), and return on asset (ROA). The study analyzed five banks listed in Bank Indonesia which were PT Bank Bukopin, PT Bank Mega, PT Bank DBS Indonesia, PT Bank Syariah Mandiri, and PT Bank Muamalat Indonesia. The method used in this research is independent sample t-test, which is used to compare samples from two different populations. This study used secondary data that was collected and obtained from financial publication report quarterly published by representative banks through the official sites of the banks and official site of Bank Indonesia starting from March 2006 to June 2014. The result showed that CAR, LDR, NPL, and OER between Islamic and conventional banks are significantly different, while ROA showed no significant different between Islamic and conventional banks. In terms of CAR and NPL, conventional bank is better than Islamic bank, meanwhile Islamic bank is better than conventional bank in terms of LDR, OER, and ROA.
