Original Research
Thales Batiston Marques; Nelson Seixas dos Santos
Volume 3, Issue 10 , October 2016, Pages 545-571
Abstract
This paper investigates the relation between political news and market returns. To do so we applied a Garch filter to a sample of the main Brazilian stock market index returns (Ibovespa Index) and of short-term interest rates (Selic Over and DI) which ranged from 01/02/2014 to 04/29/2016. Then we looked ...
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This paper investigates the relation between political news and market returns. To do so we applied a Garch filter to a sample of the main Brazilian stock market index returns (Ibovespa Index) and of short-term interest rates (Selic Over and DI) which ranged from 01/02/2014 to 04/29/2016. Then we looked for periods of abnormal volatility which might be associated with political events using a parametric and a nonparametric method. Notwithstanding there were news like important politician been arrested and even speculation about the beginning of an impeachment process, we found relation between abnormal volatilities and political news only in Ibovespa returns during Presidential Elections.
Original Research
Choi Sang Long; Lim Zhi Yong; Tan Wee Chuen
Volume 3, Issue 10 , October 2016, Pages 572-598
Abstract
This research was conducted to address leadership styles and affective organizational commitment and what types of leadership styles that contribute the most to affective organizational commitment within SMEs in Johor retail sector commitment. Quantitative was used for conducting this research and the ...
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This research was conducted to address leadership styles and affective organizational commitment and what types of leadership styles that contribute the most to affective organizational commitment within SMEs in Johor retail sector commitment. Quantitative was used for conducting this research and the questionnaire was distributed to the person in charge in order to distribute to his colleagues. The prepared questionnaire which covered dimensions of transformational leadership style and transactional leadership style, and affective organizational commitment was adapted from Multifactor Leadership Questionnaire and other research. Statistical Package for Social Science (SPSS) was used for analysing data. Pearson Correlation Analysis will be used to measure the relationship in linear correlation between two numerical data variables, Regression and Multiple Regression analysis was used to test single or multiple independent variables and one dependent variable. Inspirational motivation has a significant and strong positive relationship with affective organizational commitment. The finding showed that leadership styles have a very strong relationship with affective organizational commitment. By further dividing into two different leadership styles, the transformational leadership style has a significant and strong positive relationship with affective organizational commitment while the transactional leadership style has a significant and weak positive relationship with affective organizational commitment. Even both leadership styles have contributed to the affective organizational commitment, the transformational leadership style contributes the most to the affective organizational commitment followed by transactional leadership style.
Original Research
Emmanuel Okokondem Okon; Onoja Daniel Abel
Volume 3, Issue 10 , October 2016, Pages 599-608
Abstract
The study employed multiple regression analysis model specified based on hypothesized functional relationship between telecommunication infrastructure development and economic growth of Nigeria during post deregulation period. The model for the study was estimated using the Ordinary Least Square (OLS) ...
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The study employed multiple regression analysis model specified based on hypothesized functional relationship between telecommunication infrastructure development and economic growth of Nigeria during post deregulation period. The model for the study was estimated using the Ordinary Least Square (OLS) technique, and further evaluation was executed using chi-square to investigate the views of respondents on whether GSM has increased market access and reducing distribution cost in carrying out daily economic activities in Nigeria. The outcomes showed that telecommunication has influenced the country’s economy by increasing market access and reducing distribution cost. Therefore, to enhance economic growth in Nigeria, government should issue more licenses to GSM operators in order to allow for healthy competition among the GSM operators. On the other hand, operators should consider the strategy of co-location and infrastructure sharing for further improvement and reduction in cost of running telecommunication business in Nigeria.
Original Research
Qaisar Iqbal
Volume 3, Issue 10 , October 2016, Pages 609-622
Abstract
This study examined the influence of perception of organizational politics on negligent behavior of employees in banking sector. The aim of this study was to determine the relationship between perception of organizational politics and negligent behavior and investigate interaction effect of transformational ...
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This study examined the influence of perception of organizational politics on negligent behavior of employees in banking sector. The aim of this study was to determine the relationship between perception of organizational politics and negligent behavior and investigate interaction effect of transformational leadership. A questionnaire was designed to collect data from two hundred subjects who were employees of a large commercial bank posted in twin cities Rawalpindi and Islamabad.it was concluded that there is significant relationship between perception of organizational politics and negligent behavior of employees. Transformational leadership has been observed as moderating the association of perception of organizational politics and neglect. Based on the data analysis, it is recommended that employees should strive to understand and tackle strategically political activities in their organizations to improvise their satisfaction and avoid conflict.
Original Research
Narjes Jamali; Mehdi Mardaneh Khameneh
Volume 3, Issue 10 , October 2016, Pages 623-634
Abstract
Today performance evaluation is known as an inevitable part of management knowledge; in such a way that it can help an organization to consume sources and facilities in an optimum way and also achieve its goals and strategies. In this paper for evaluating the performance of aircraft maintenance unit ...
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Today performance evaluation is known as an inevitable part of management knowledge; in such a way that it can help an organization to consume sources and facilities in an optimum way and also achieve its goals and strategies. In this paper for evaluating the performance of aircraft maintenance unit in Iran, Balanced Scorecard (BSC), a strategic management method for performance measurement using a set of financial and non-financial performance metrics, and Fuzzy Multiple Criteria Decision Making (FMCDM) has been used. 26 criteria for performance evaluation in four BSC perspectives by help of maintenance unit’s experts have been specified. The criteria’s weights via Fuzzy Analytic Hierarchy Process (FAHP) method by using Fuzzy Preference Programming (FPP) approach determined and finally fuzzy VIKOR method has been used to measure the performance of three aircraft maintenance units. Results of research shows that FAHP-FVKIOR evaluation method by BSC can be a useful tool for optimum measuring of performance.
Case Study
Abdorreza Asadi; Zahra Vazifehdar Yazd
Volume 3, Issue 10 , October 2016, Pages 635-649
Abstract
So far, the issue of security was especially interested by human being from various economic, cultural, social, political and military aspects. Insurance is increasingly developing (expanding) due to the growing of social culture, increased conflicts of interests with the interests of the public and ...
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So far, the issue of security was especially interested by human being from various economic, cultural, social, political and military aspects. Insurance is increasingly developing (expanding) due to the growing of social culture, increased conflicts of interests with the interests of the public and people. Liability insurance policy among various policies is placed at a superior position and is largely influenced by customer selection. The main objective of this research is to identify sale methods and effectiveness evaluation indicators and to study sale methods’ effectiveness and finally, to rank them. Research statistical population included some vendors of Asia insurance company in Sabzevar city. Research sample included 160 individuals that were selected using Cochran formula. Data were collected through using a questionnaire. This is a descriptive survey; research hypotheses are provided to achieve the aforementioned objectives. The results were examined by one-sample t-test. According to the results of the main hypothesis, physicians and paramedic sale methods of liability insurance are effective and validated. The first sub-hypothesis of effective consulting marketing of physicians and paramedics’ insurance liability is maintained. The second hypothesis of relationship sale influencing physicians and paramedics’ insurance liability is maintained. The third hypothesis of effectiveness of the adaptive marketing in the physicians and paramedics’ insurance liability is also maintained. According to Friedman ranking test conducted in this study, consulting method places the first and the adoptive and relational methods are ranked second and third, respectively.
