Template-Type: ReDIF-Article 1.0 Author-Name: Francesca Loia Author-X-Name-First: Francesca Author-X-Name-Last: Loia Author-Name: Gennaro Maione Author-X-Name-First: Gennaro Author-X-Name-Last: Maione Title: Local governments during the pandemic: shifting the S.M.A.R.T paradigm Abstract: Due to the pandemic, new challenges and opportunities are emerging for local governments (LGs) in terms of digital growth for smart, sustainable, accountable, and interconnected cities. Starting from these considerations, the paper aims to contribute to the debate on the new connotations of the smart city paradigm due to the spread of COVID-19, by identifying new key elements and common areas of application of smart cities initiatives coming out in the current scenario, in addition to those identified by the consolidated literature. The study in based on a qualitative investigation approach that employs the multiple case study methodology. Interviews with directors, managers and technicians of LGs shed light on new categories connected to the smart city paradigm due to the pandemic situation which, combined, allow 'transforming' the acronym of S.M.A.R.T. into a new one here proposed: safety; mitigation; accountability; resilience; and traceability. Journal: Int. J. of Economics and Business Research Pages: 375-388 Issue: 3 Volume: 26 Year: 2023 Keywords: LGs; smart city; digital technologies; COVID-19; pandemic; multiple case study; safety; mitigation; accountability; resilience; traceability. File-URL: http://www.inderscience.com/link.php?id=133120 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:3:p:375-388 Template-Type: ReDIF-Article 1.0 Author-Name: Fadi Sakka Author-X-Name-First: Fadi Author-X-Name-Last: Sakka Author-Name: Mohammed Yasin Ghadi Author-X-Name-First: Mohammed Yasin Author-X-Name-Last: Ghadi Title: Perceived fundamental characteristics for successful HR managers: a qualitative thematic study within organisations operating in the United Arab Emirates Abstract: This paper examines the required characteristics for successful HR managers within the context of the UAE. The research undertakes an exploratory study to investigate the required characteristics as described by industry experts working in firms' operating in the country. It identifies 57 firms from various industries in the UAE. The results indicate that successful HR managers in the UAE should have an education, vocational certification in human resources management, should fit in the organisation culture, be agile and be a people-oriented person and trustworthy. The results obtained are going to be helpful and realistic for a newly appointed HR manager to be active managers as soon as they are hired. This is the first study to be conducted in the UAE. It produces knowledge and understanding of the unique characteristics of successful HR managers narrowing it down to the UAE context as compared with common ones fragmented generally in research. Journal: Int. J. of Economics and Business Research Pages: 129-145 Issue: 2 Volume: 26 Year: 2023 Keywords: HR managers; successful characteristics; emerging economies; UAE. File-URL: http://www.inderscience.com/link.php?id=132641 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:2:p:129-145 Template-Type: ReDIF-Article 1.0 Author-Name: Ghufran Saed Hijjawi Author-X-Name-First: Ghufran Saed Author-X-Name-Last: Hijjawi Author-Name: Mohammed Mousa Eldahamsheh Author-X-Name-First: Mohammed Mousa Author-X-Name-Last: Eldahamsheh Author-Name: Ali Zakariya Farhan Al-Quran Author-X-Name-First: Ali Zakariya Farhan Author-X-Name-Last: Al-Quran Author-Name: Hanan Mohammad Ali Almomani Author-X-Name-First: Hanan Mohammad Ali Author-X-Name-Last: Almomani Author-Name: Mohammad Izzat Alhalalmeh Author-X-Name-First: Mohammad Izzat Author-X-Name-Last: Alhalalmeh Author-Name: Sulieman Ibraheem Shelash Al-Hawary Author-X-Name-First: Sulieman Ibraheem Shelash Author-X-Name-Last: Al-Hawary Title: The mediating effect of digital supply chain management among the relationship between lean management and supply chain operations Abstract: The study aimed at examines the mediating effect of digital supply chain management among the relationship between lean management and supply chain operations of the manufacturing companies operating in Jordan. The population of the study consists of the managers of the manufacturing sector of Jordan which includes garments, automobiles, and electronics. The sample size was 445 participants belonging to the manufacturing industry of Jordan. The analysis was carried out using structural equation modelling (SEM) technique on smart PLS. It was identified based on the analysis that technology has a significant impact on the supply chain operations of the companies. On the other hand, the communicative and structural dimensions were also found to have a positive and significant impact on supply chain operations. With respect to the mediation, the partial mediation of digital supply chain was determined among the relationship between lean management and supply chain operations of the company in the context of technology and communicative and structural dimensions. Journal: Int. J. of Economics and Business Research Pages: 146-162 Issue: 2 Volume: 26 Year: 2023 Keywords: supply chain operations; digital supply chain; lean management; manufacturing companies; Jordan. File-URL: http://www.inderscience.com/link.php?id=132642 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:2:p:146-162 Template-Type: ReDIF-Article 1.0 Author-Name: Mohammad I. Almaharmeh Author-X-Name-First: Mohammad I. Author-X-Name-Last: Almaharmeh Author-Name: Ali A. Shehadeh Author-X-Name-First: Ali A. Author-X-Name-Last: Shehadeh Title: Accounting standards and external corporate governance: the effect of mandatory IFRS adoption on analyst coverage Abstract: This study investigates whether mandatory adoption of International Financial Reporting Standards (IFRS) affects financial analysts' decisions to cover the firms with their earnings per share forecasts. The results suggest that mandatory adoption of IFRS attracts more security analysts to follow the firms. Where the IFRS variable records a significant positive effect on the analyst coverage variable, this result is robust with ordinary least squares and fixed-effect models based on ten years before and ten years after the adoption data. Journal: Int. J. of Economics and Business Research Pages: 224-236 Issue: 2 Volume: 26 Year: 2023 Keywords: International Financial Reporting Standards; IFRS; financial analysts; analyst coverage; corporate governance; external corporate governance; UK. File-URL: http://www.inderscience.com/link.php?id=132643 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:2:p:224-236 Template-Type: ReDIF-Article 1.0 Author-Name: Obed I. Ojonta Author-X-Name-First: Obed I. Author-X-Name-Last: Ojonta Title: Influence of credit access on the total sales of household non-farm enterprises in Nigeria: evidence from binary logit regression Abstract: This study examined the influence of credit access on the total sales performance of household non-farm enterprises in Nigeria. We adopted the binary logistic regression model approach and used cross-sectional data from the general household survey (GHS) conducted in Nigeria in the period 2017/2018. Apart from the core variables, other covariates included in the analysis are official registration with the government, employee gender and age of enterprise. The findings indicate that credit access positively and significantly influences the total sales of household non-farm enterprises in Nigeria. Interestingly, the study established that official registration with government significantly impedes the total sales performance of the enterprises. This suggests that the Nigerian bureaucracy significantly retards the performance of household non-farm enterprises. The study, therefore, concludes that there is need for policies that will not only enhance credit access by these enterprises, but will also reform the Nigerian bureaucracy so that they can actively support the growth and development of these enterprises. Journal: Int. J. of Economics and Business Research Pages: 50-63 Issue: 1 Volume: 25 Year: 2023 Keywords: credit access; enterprise performance; household non-farm enterprises; HNEs; binary logit regression model; Nigeria. File-URL: http://www.inderscience.com/link.php?id=127267 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:1:p:50-63 Template-Type: ReDIF-Article 1.0 Author-Name: Semra Bank Author-X-Name-First: Semra Author-X-Name-Last: Bank Author-Name: Evrim Erdogan Yazar Author-X-Name-First: Evrim Erdogan Author-X-Name-Last: Yazar Title: Brand index: a new suggestion for stock market indices Abstract: The aim of this paper is to propose a new index for stock markets called the 'brand index'. The paper measures the performance of the brand index in terms of return and risk and compares this performance with the performance of other indices. The brand index is calculated for the period of 2007-2018. It is composed of the firms included in 'Brand Finance Turkey 100' annual reports published by Brand Finance and also listed on the Borsa Istanbul (BIST). The performance of the brand index is compared with the performance of three alternative share indices (BIST30, BIST50 and BIST100). The results show that the brand index has the highest performance in all performance measures compared to benchmark indices, yielding higher returns with lower risk. Accordingly, the brand index could be an alternative index for investors willing to invest in an index mutual fund or exchange traded funds. This is the first paper to propose a brand index in terms of an emerging market. This index consisting of strong brands is proposed as an alternative index that can be calculated in the capital markets, especially since the index is advantageous for investors in index funds. Journal: Int. J. of Economics and Business Research Pages: 179-200 Issue: 2 Volume: 26 Year: 2023 Keywords: brand index; brand equity; brand value; performance measures; emerging markets. File-URL: http://www.inderscience.com/link.php?id=132644 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:2:p:179-200 Template-Type: ReDIF-Article 1.0 Author-Name: Rafael S. Espinosa-Ramirez Author-X-Name-First: Rafael S. Author-X-Name-Last: Espinosa-Ramirez Title: Foreign direct investment, business extortion and drug trafficking Abstract: We develop a theoretical model in which a country hosts foreign investment in the presence of a drug dealer, acting as leader, and a drug seller, acting as a follower. A policy addressed to eradicate drug trafficking encourages the business extortion activity, and increase the extortion cost of firms. When the drug is not consumed in the host country the best policy is not to fight against drug trafficking. When the drug is consumed in the host country, the optimal policy depends on the social marginal disutility of drug consumption concerning extortion paid by firms. In this case, when social marginal disutility is sufficiently larger than extortion payment, the government combats drug trafficking; otherwise, there is no policy at all. Journal: Int. J. of Economics and Business Research Pages: 237-254 Issue: 2 Volume: 26 Year: 2023 Keywords: drug trafficking; foreign direct investment; FDI; business extortion; public policy; crime economy; drug consumption disutility; extortion payment; social marginal disutility; extortion cost. File-URL: http://www.inderscience.com/link.php?id=132645 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:2:p:237-254 Template-Type: ReDIF-Article 1.0 Author-Name: Andreas Maniatopoulos Author-X-Name-First: Andreas Author-X-Name-Last: Maniatopoulos Author-Name: Alexandros Gazis Author-X-Name-First: Alexandros Author-X-Name-Last: Gazis Author-Name: Nikolaos Mitianoudis Author-X-Name-First: Nikolaos Author-X-Name-Last: Mitianoudis Title: Technical analysis forecasting and evaluation of stock markets: the probabilistic recovery neural network approach Abstract: The market efficiency theory suggests that stock market pricing reflects all publicly available information regarding a given stock. To outperform the market, a shareholder must study the market's price volume patterns and predict human behaviour and tendencies. Except for conventional approaches based on fundamental or technical analysis, new tools are currently proposed using big data and artificial intelligence. This publication analyses and evaluates four commonly used deep-learning artificial neural network models. Then, it proposes a new method by adopting the 'probabilistic recovery' algorithmic approach. The dataset used consists of 501 unique company names based on real data derived from US Dow Jones. This method closely follows the market's behaviour, providing daily upwards-downwards data trends. The proposed system can be used as a tool for technical analysis regarding the prediction accuracy of trading strategies, providing approximately 60% future movements' accuracy, over 90% relative price prediction and annual investment return slightly over 60%. Journal: Int. J. of Economics and Business Research Pages: 64-100 Issue: 1 Volume: 25 Year: 2023 Keywords: technical analysis; probablistic neural network; neural networks; stock market prediction; stock market forecast; stock market dynamics; stock market neural networks forecasting; algorithmic trading; finance generative adversarial networks; finance convolutional neural networks; CNNs; fully connected neural networks; recurrent neural networks; RNNs; technical indicators; decision making; trading strategies. File-URL: http://www.inderscience.com/link.php?id=127271 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:1:p:64-100 Template-Type: ReDIF-Article 1.0 Author-Name: Mahmoud Yousef Askari Author-X-Name-First: Mahmoud Yousef Author-X-Name-Last: Askari Author-Name: Ghaleb A. El Refae Author-X-Name-First: Ghaleb A. El Author-X-Name-Last: Refae Title: Funding higher education as a strategic good of a nation Abstract: In this paper, we propose that higher education should be seen as a strategic good of nations. We argue that higher education is neither a private, nor a public good, and that its facilitation by governments, and its attainment of citizens is critically required for the wellbeing of a nation. We also use the partnership funding model of higher education as a framework to facilitate the strategic investment in higher education by economically capable governments. We used enrollment and funding data from Al Ain University, UAE as a case to examine the percentage of students who were able to secure government funding to pay their tuition fees. The result from this paper shows that higher education is considered as a strategic good in the UAE, and that all willing and able citizens can benefit from the availability of tuition free higher education at three publicly-funded academic institutions. In addition, the UAE Government is providing funding to almost half of the students who choose to attend other tuition-based colleges and universities. Journal: Int. J. of Economics and Business Research Pages: 161-171 Issue: 1 Volume: 25 Year: 2023 Keywords: strategic goods; higher education funding; the partnership funding model; public vs. private good; UAE. File-URL: http://www.inderscience.com/link.php?id=127273 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:1:p:161-171 Template-Type: ReDIF-Article 1.0 Author-Name: Keith Brouhle Author-X-Name-First: Keith Author-X-Name-Last: Brouhle Author-Name: Donna Ramirez Harrington Author-X-Name-First: Donna Ramirez Author-X-Name-Last: Harrington Title: The business and environmental impacts of the Canadian Mandatory Greenhouse Gas Reporting Program Abstract: This research investigates the impact of Canada's mandatory greenhouse gas reporting program on firms' share price and future environmental performance. First, we examine whether stock market prices are affected by investors' response to publicly disclosed greenhouse gas (GHG) information. Second, we test whether abnormal stock price changes lead to lower GHG emissions. We find that investors punish firms whose emissions intensity increased but their losses are mitigated with previous voluntary GHG reporting. Observed improvements in environmental performance were small and limited to the dirtiest firms. These findings imply a narrow scope for information provision as a GHG mitigation policy tool. Journal: Int. J. of Economics and Business Research Pages: 113-136 Issue: 1 Volume: 25 Year: 2023 Keywords: information disclosure; event study; climate change; GHG emissions. File-URL: http://www.inderscience.com/link.php?id=127276 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:1:p:113-136 Template-Type: ReDIF-Article 1.0 Author-Name: Essahbi Essaadi Author-X-Name-First: Essahbi Author-X-Name-Last: Essaadi Author-Name: Awatef Ourir Author-X-Name-First: Awatef Author-X-Name-Last: Ourir Title: An analysis of Asia-Pacific regional integration: time-varying SVAR approach Abstract: Regional economic integration in East and Southeast Asia has reached considerable transformation in a few years. Considering the critical role of trade integration in the integration process, we study whether East and Southeast Asian countries are influenced by specific, regional, or global shocks. The novelty of the paper is that we look after regional integration as an evolutionary process. To detect dynamic changes in the variance decomposition analysis, we apply a time-varying SVAR model. Our main finding is that when we consider the nonlinear aspect of the integration process in East and Southeast Asia, conclusions about its suitability for currency union change completely. TVP-SVAR model is used to revisit the economic integration process in the East and Southeast Asian region. Japan outperforms China and the USA as a regional anchor for most countries in the last dates. The large specific shock brings us to the point that the region is neither a yen nor a yuan nor a dollar block, but is tending towards a yen block. Journal: Int. J. of Economics and Business Research Pages: 137-149 Issue: 1 Volume: 25 Year: 2023 Keywords: East Asia; Southeast Asia; monetary union; TV-SVAR model. File-URL: http://www.inderscience.com/link.php?id=127277 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:1:p:137-149 Template-Type: ReDIF-Article 1.0 Author-Name: Song-Nam Hong Author-X-Name-First: Song-Nam Author-X-Name-Last: Hong Author-Name: Jong-Chol Jin Author-X-Name-First: Jong-Chol Author-X-Name-Last: Jin Author-Name: Chol-Min Kang Author-X-Name-First: Chol-Min Author-X-Name-Last: Kang Author-Name: Chol-Song Jong Author-X-Name-First: Chol-Song Author-X-Name-Last: Jong Title: Integration of talent management and intellectual management in organisations: talent-centred approach Abstract: In the era of the knowledge-intensive economy, talent and knowledge are the main strategic resources to support sustainable development of organisations. Talents develop through knowledge acquisition and knowledge is continuously processed, created and updated to improve the competitiveness of the organisation. Therefore, integration of talent management (TM) and intellectual management (IM) provide the fundamental condition to increase the competitiveness of an organisation and support sustainable development. The main purpose of this paper is to suggest an integration model of TM and IM in enterprises and analyse its effectiveness. We have suggested an integrative model including nature, structure, mode, method, and target. In addition, the effectiveness of integration of the TM and IM is proved through a case study. In this part, survey data is used to analyse effectiveness of integration and provide application problems. Finally, we have statistically proved the competitive advantage of enterprises which integrate TM and IM using several methods of statistics. Journal: Int. J. of Economics and Business Research Pages: 163-178 Issue: 2 Volume: 26 Year: 2023 Keywords: knowledge management; character management; talent management; intellectual management; integration model; knowledge-intensive economy. File-URL: http://www.inderscience.com/link.php?id=132654 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:2:p:163-178 Template-Type: ReDIF-Article 1.0 Author-Name: Misbah Noreen Author-X-Name-First: Misbah Author-X-Name-Last: Noreen Author-Name: Md. Shahin Mia Author-X-Name-First: Md. Shahin Author-X-Name-Last: Mia Author-Name: Zahiruddin Ghazali Author-X-Name-First: Zahiruddin Author-X-Name-Last: Ghazali Title: Assessing socio-demographic characteristics of FinTech users: an empirical study on mobile money in Pakistan Abstract: In Pakistan, the usage of FinTech particularly mobile money services is very poor. In addition, the socio-demographic characteristics of the mobile money users in the country has not been studied well. Therefore, this study aims to examine the socio-demographic characteristics of FinTech users, particularly the mobile money users in Pakistan. The study conducted a cross-sectional survey to collect the data at the household level. It was found that an overwhelming portion of the mobile money users in Pakistan are males (93%) while females are very few (7%) in numbers. The study also found that the majority of the respondents (67%) are from the urban locality. The study provides an insight into socio-demographic profiling of the mobile money users that might help the policymakers to design a policy to enhance the usage of mobile money services in Pakistan. Journal: Int. J. of Economics and Business Research Pages: 150-160 Issue: 1 Volume: 25 Year: 2023 Keywords: socio-demographic characteristics; FinTech; mobile money users; Pakistan. File-URL: http://www.inderscience.com/link.php?id=127281 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:1:p:150-160 Template-Type: ReDIF-Article 1.0 Author-Name: Minjo Kang Author-X-Name-First: Minjo Author-X-Name-Last: Kang Title: The impact of corporate long-term tax avoidance and tax uncertainty on cost of equity capital: evidence from Korea Abstract: This study aims to investigate the impact of Korean firms' long-run tax avoidance on the cost of equity capital. To the end, we examine whether long-term tax avoidance and tax uncertainty are associated with the cost of equity capital. According to the implicit tax theory, tax-favoured investments can decrease the firm's expected operating income. Besides, implicit taxes generated by tax credit can have distributional effects: the tax benefits shift to other stakeholders than the shareholders of the firms opting for the legitimate tax avoidance. We find results that, controlling for firm's various risk factors, Korean firms' long-run tax avoidance is positively associated with higher cost of equity capital. The results suggest that the unfavourable implicit tax effects of long-run tax avoidance dominate the favourable tax saving effects for the part of shareholders. Journal: Int. J. of Economics and Business Research Pages: 101-112 Issue: 1 Volume: 25 Year: 2023 Keywords: cost of equity capital; long-run tax avoidance; implicit tax; tax uncertainty; Korea. File-URL: http://www.inderscience.com/link.php?id=127287 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:1:p:101-112 Template-Type: ReDIF-Article 1.0 Author-Name: Ghazi Abu Orabi Author-X-Name-First: Ghazi Abu Author-X-Name-Last: Orabi Title: The regulation for the settlement of insolvency: analysis of the Federal Insolvency Law No. 19 of 2019 Abstract: This study addresses the legal conditions and actions stipulated by the new UAE Civil Insolvency Law for the debtor to request the settlement of his financial liabilities. It addresses the following questions: to what extent can the financial settlement help the insolvent debtor to overcome his financial hardship and pay off his debts? What are the guarantees provided by the law to protect the rights of creditors from the risk of the debtor's insolvency and non-payment of debt? The study will discuss the new method introduced in the Civil Insolvency Law, which is the financial settlement of the insolvent debtor's debt and its associated legal procedures. It will demonstrate the effectiveness of that method in helping the financially distressed debtor in paying off the debts instead of declaring insolvency, liquidating funds, and facing claims of creditors. It will explain the new UAE Civil Insolvency Law's most important strengths and weaknesses. And it will illustrate how the new law stipulations provide balanced and fair protection for the rights of creditors and the rights of the insolvent debtor. Journal: Int. J. of Economics and Business Research Pages: 201-223 Issue: 2 Volume: 26 Year: 2023 Keywords: financial regulation; bankruptcy law; Civil Insolvency Law; UAE regulation. File-URL: http://www.inderscience.com/link.php?id=132678 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:2:p:201-223 Template-Type: ReDIF-Article 1.0 Author-Name: Nikhat Khalid Author-X-Name-First: Nikhat Author-X-Name-Last: Khalid Title: An analysis of intra-SAARC trade relations Abstract: The world is composed of geographical regions comprising clusters of countries having physical contiguity. This premise motivated South Asian countries to form SAARC in 1985. SAARC envisioned enhancing trade and commerce among the member states. In 1993, they initiated SAPTA to liberalise tariff barriers and created SAFTA in 2004 to make South Asia a trading zone. Despite these initiatives, many pitfalls and hiccups did not allow SAPTA and SAFTA to bloom. This paper attempts to empirically examine intra-regional trade among SAARC countries through their bilateral trade intensity index, intra-regional trade intensity index and intra-regional trade share. The study found that most SAARC countries have their trade priorities outside the region. Their intra-regional trade stands at just 5.8%. To reduce this economic disconnect, SAARC countries need to come forward to enhance cross border trade, for which an open and more inclusive trading system and political will is required. Journal: Int. J. of Economics and Business Research Pages: 489-505 Issue: 4 Volume: 25 Year: 2023 Keywords: South Asian Association of Regional Cooperation; SAARC; intra-regional trade; regional integration; trade responsibility; welfare state; geographical contiguity; economic cooperation. File-URL: http://www.inderscience.com/link.php?id=131156 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:4:p:489-505 Template-Type: ReDIF-Article 1.0 Author-Name: Walter Vesperi Author-X-Name-First: Walter Author-X-Name-Last: Vesperi Author-Name: Ineza Gagnidze Author-X-Name-First: Ineza Author-X-Name-Last: Gagnidze Title: From the university ecosystem to the entrepreneurial ecosystem – the way for developing the local economy Abstract: The modern world faces a number of significant economic and social challenges. It is essential to find the key tools, which will contribute to mitigate the expected problems. The authors suggested that education (human capital) represents one of these tools. In this context the 'way' from the university ecosystem to the entrepreneurial ecosystem is discussed as a tool for developing the local economy. The experience of 40 countries in the process of forming entrepreneurial universities has been studied and eight main challenges have been identified. To achieve this, the study uses a qualitative exploratory methodology. Specifically, it was decided to analyse the country Italy. The results offer a theoretical framework on the concepts of 'entrepreneurial students' and 'university ecosystem'. Journal: Int. J. of Economics and Business Research Pages: 431-455 Issue: 4 Volume: 25 Year: 2023 Keywords: entrepreneurial universities; university ecosystem; entrepreneurial ecosystem; entrepreneurial students; local economy; business incubators; academic entrepreneurship; knowledge transfer system. File-URL: http://www.inderscience.com/link.php?id=131158 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:4:p:431-455 Template-Type: ReDIF-Article 1.0 Author-Name: Saidatou Dicko Author-X-Name-First: Saidatou Author-X-Name-Last: Dicko Title: The relationships between Canadian firms' lobbying activities and their market and accounting performance Abstract: The main objectives are to highlight the nature and scope of lobbying activities carried out by Canadian firms, and analyse the link between these activities and firm market and accounting performance indicators. Data on companies listed on the S%P/TSX index were analysed, covering the period from 2009 to 2018, inclusive. The main findings show that 26.6% of the firms under study have engaged in lobbying, with this proportion consisting, on average, of larger firms. The two industries at the forefront of these activities were mining, oil and gas, and manufacturing. Most of the lobbying activities under study focused on economic and multiple issues. While bivariate analyses (ANOVA and correlations) show that these activities in their scope and nature are significantly related to market and accounting performance indicators, multivariate GLM analyses demonstrate that only the variable 'number of salaried lobbyists' is positively and significantly linked to accounting and market performance indicators. Journal: Int. J. of Economics and Business Research Pages: 456-488 Issue: 4 Volume: 25 Year: 2023 Keywords: lobbying activities; economic lobbying; environmental lobbying; social lobbying; multi-issue lobbying; firms; market and accounting performance. File-URL: http://www.inderscience.com/link.php?id=131159 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:4:p:456-488 Template-Type: ReDIF-Article 1.0 Author-Name: Tariq Kameel Author-X-Name-First: Tariq Author-X-Name-Last: Kameel Author-Name: Nour Alhajaya Author-X-Name-First: Nour Author-X-Name-Last: Alhajaya Author-Name: Fayez Alnusair Author-X-Name-First: Fayez Author-X-Name-Last: Alnusair Author-Name: Mohammad Alkrisheh Author-X-Name-First: Mohammad Author-X-Name-Last: Alkrisheh Title: Respecting the principles of competition and consumer protection in liquidation sales: a comparative study Abstract: This article discusses the most relevant restrictions placed upon liquidation sales to respect the principles of competition, while avoiding involvement in anti-competitive practices, mainly as liquidations involve the reduction of the prices of goods. Additionally, the article discusses the assurances placed when obtaining authorisation for liquidation sales that seek to protect consumer rights, concluding with a description of the research's most important results and recommendations. Its connection and impact not only impact the realm of consumer protection, but are also relevant to the principles of fair market competition. The significant effects on consumers' freedom to exercise their right to choose freely and transparently without any restrictions while laying safeguards to protect consumers within the principles of free market, are also discussed The paper aims is examine the legal framework of liquidation sales in the legal systems of the countries understudy and its impact on consumers interests the precautions and safeguards within the legal systems understudy. Journal: Int. J. of Economics and Business Research Pages: 506-521 Issue: 4 Volume: 25 Year: 2023 Keywords: liquidation sales; consumers; competition laws; suppliers. File-URL: http://www.inderscience.com/link.php?id=131162 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:4:p:506-521 Template-Type: ReDIF-Article 1.0 Author-Name: Swati Singh Author-X-Name-First: Swati Author-X-Name-Last: Singh Author-Name: Manpreet Arora Author-X-Name-First: Manpreet Author-X-Name-Last: Arora Title: Examining and analysing the determinants of non-performing assets in public and private sector banks in India Abstract: There is no doubt that the Indian financial sector is growing at an efficient rate but at the same time the growth rate of non-performing assets (NPAs) of the banks are also increasing. There is a high variation of growth of these NPAs among different groups of banks. This paper examines the effect of various important variables on net NPAs. Panel data regression is used for analysing the data. For the analysis purpose, dataset of 20 public sector banks and 18 private sector banks from year 2009-2019 is considered. Data is collected from various reports of RBI. GMM model is applied to solve the problem of endogeneity. Results and analysis showed that capital adequacy tier I, net interest margin, burden ratio and bank size have negative and significant effect on NPA, whereas intermediation cost showed positive and significant effect on NPA. Journal: Int. J. of Economics and Business Research Pages: 553-568 Issue: 4 Volume: 25 Year: 2023 Keywords: banking sector; non-performing assets; NPAs; generalised method of moments; GMM; endogeneity; India. File-URL: http://www.inderscience.com/link.php?id=131163 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:4:p:553-568 Template-Type: ReDIF-Article 1.0 Author-Name: Brett D. Steele Author-X-Name-First: Brett D. Author-X-Name-Last: Steele Title: Increasing the rigour and relevance of elementary microeconomics Abstract: This paper redresses analytical weaknesses in elementary microeconomics from both short-run and long-run perspectives. By assuming variable production-time periods, the U-shaped average variable-cost curve in the short-run is shown to be valid only for perishable or non-storable products. The J-shape production curve, by contrast, is more appropriate for durable products that account for the vast majority of industrial production. While its validity has long been acknowledged in neoclassical economics, this paper subjects it to a graphical profit-maximisation analysis under both rigid- and flexible-production assumptions. To redress the reticence in elementary microeconomics to offer a profit-maximisation analysis under the long-run condition of variable investment factors, a basic profit equation is presented in terms of production/sales rate, production-system investment, and advertising investment. Profit-maximising production rate and investments are then determined graphically, leading to a rigorous explanation of economies of scales. The paper concludes by highlighting the role elementary microeconomics can play in introducing undergraduate students to strategic reasoning by integrating analytically the supply side and demand side of business management. Journal: Int. J. of Economics and Business Research Pages: 522-552 Issue: 4 Volume: 25 Year: 2023 Keywords: U-shaped curve; J-shaped curve; knife-shaped curve; production-time periods; flexible production; profit maximisation; production-system investment; advertising investment; short-run analysis; long-run analysis; business strategy. File-URL: http://www.inderscience.com/link.php?id=131166 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:4:p:522-552 Template-Type: ReDIF-Article 1.0 Author-Name: Khaled Aburisheh Author-X-Name-First: Khaled Author-X-Name-Last: Aburisheh Author-Name: Eyad Hyasat Author-X-Name-First: Eyad Author-X-Name-Last: Hyasat Author-Name: Mohammad Salim Elessa Author-X-Name-First: Mohammad Salim Author-X-Name-Last: Elessa Author-Name: Mohammad Humeedat Author-X-Name-First: Mohammad Author-X-Name-Last: Humeedat Author-Name: Ahmad Kalbouneh Author-X-Name-First: Ahmad Author-X-Name-Last: Kalbouneh Author-Name: Hani Azab Author-X-Name-First: Hani Author-X-Name-Last: Azab Title: Dividend policy as a mediator between capital structure and profitability in manufacturing companies listed on ASE (2010-2021) Abstract: This study aimed to investigate the relationship between capital structure and profitability in manufacturing companies listed on the ASE, with a particular focus on the potential mediating effect of dividend policy. A survey approach was used to select a sample of 34 manufacturing companies, and panel data regression was used to analyse the financial data. Control variables were also incorporated into the analysis. The study found a significant correlation between profitability and ownership structure among Jordanian manufacturing companies. Furthermore, dividend policy was identified as a crucial factor influencing ownership structure and profitability, with a positive impact on profitability as measured by return on assets and return on equity. The study also highlighted the influence of business size and financial leverage as controlling variables affecting profitability. The findings suggest that companies should consider dividend policy when deciding on their capital structure to improve profitability. Journal: Int. J. of Economics and Business Research Pages: 403-425 Issue: 3 Volume: 26 Year: 2023 Keywords: dividend policy; capital structure; profitability; manufacturing; Jordan. File-URL: http://www.inderscience.com/link.php?id=133230 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijecbr:v:26:y:2023:i:3:p:403-425 Template-Type: ReDIF-Article 1.0 Author-Name: Ayman Mohammad Al Shanti Author-X-Name-First: Ayman Mohammad Al Author-X-Name-Last: Shanti Author-Name: Abdul Rahman Al Natour Author-X-Name-First: Abdul Rahman Al Author-X-Name-Last: Natour Author-Name: Esam Shehadeh Author-X-Name-First: Esam Author-X-Name-Last: Shehadeh Author-Name: Majed Abd Almajeed Qabajeh Author-X-Name-First: Majed Abd Almajeed Author-X-Name-Last: Qabajeh Title: Using International Standard No. 530 to improve information in auditors' reports Abstract: The purpose of this study was to show how adopting International Standard No. 530 affected the informational content of the auditor's report. The extent to which Jordanian auditors employ accurate and acceptable statistical methodologies to pick audit samples and calculate the audit population Auditors in Jordan made up the study population. The study assessed the auditors' adherence to audit processes in Jordan in accordance with International Standard No. 530 to test the audit sample items, as well as the auditors' understanding and management of the International Standard on Auditing No. 530 concept and substance. The questionnaire was used to collect data for the study, which concluded that the reality of auditing accounts in Jordan utilises statistical samples in accordance with International Standard No. 530. Furthermore, there is considerable evidence that Jordanian auditors apply audit methodologies that adhere to international auditing standards. Furthermore, the auditor in Jordan uses his professional and personal talents. Journal: Int. J. of Economics and Business Research Pages: 426-449 Issue: 3 Volume: 26 Year: 2023 Keywords: International Standard No. 530; informational content; auditor's report; Jordan. File-URL: http://www.inderscience.com/link.php?id=133231 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijecbr:v:26:y:2023:i:3:p:426-449 Template-Type: ReDIF-Article 1.0 Author-Name: Khaled Aburisheh Author-X-Name-First: Khaled Author-X-Name-Last: Aburisheh Author-Name: Walid Owais Author-X-Name-First: Walid Author-X-Name-Last: Owais Author-Name: Ahmed Al-Dahiyat Author-X-Name-First: Ahmed Author-X-Name-Last: Al-Dahiyat Author-Name: Ahmad Bawaneh Author-X-Name-First: Ahmad Author-X-Name-Last: Bawaneh Author-Name: Laith AlQudah Author-X-Name-First: Laith Author-X-Name-Last: AlQudah Title: Mapping and visualisation of audit quality research trends Abstract: This study analyses the state of the art in the literature about audit quality, focusing on the most important ideas that may influence audit quality in the future. The study used bibliometric analysis to describe the evolution of publishing activity in audit quality, looking at the most popular themes and research trends. In all, 1,300 studies on cryptocurrencies were published in the Web of Science (WoS) core collection, which is the most reputable database, between 1990 and 2021, but only a small percentage of them were analysed for present and future trends. One of the most frequent objections was that the current audit failure leads to more litigation declines in business value, and falls in the service fees of auditing organisations. The study enables us to propose prospective routes for future research that may be useful in reflecting on the enhancement at a size and reputation level, along with the development of relating market performance and regulation with an audit quality. Journal: Int. J. of Economics and Business Research Pages: 29-49 Issue: 1 Volume: 25 Year: 2023 Keywords: Web of Science; WoS; co-citation; co-occurrence analysis; bibliometric analysis; bibliographic coupling. File-URL: http://www.inderscience.com/link.php?id=127351 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijecbr:v:25:y:2023:i:1:p:29-49 Template-Type: ReDIF-Article 1.0 Author-Name: Arman Nikman Author-X-Name-First: Arman Author-X-Name-Last: Nikman Title: Stock volatility reactions to violations subject to investigation by the SEC Abstract: This study examines how specific regulatory compliance laws impact corporate security violators, causing changes in the stock volatilities of financial markets. Several volatility indices are utilised as effective benchmarks in investigating actual corporate compliance. The Securities and Exchange Commission (SEC) Administrative Proceedings (AP) are the entities that conduct investigations into securities violators who cause changes in stock volatilities. This study investigates the effectiveness of several regulatory laws, such as the Sarbanes-Oxley Act (SOX) and the Dodd-Frank Act (DFA). Their effectiveness is monitored by measuring the number of securities violations before and after the passage and enforcement of each law. It remains uncertain how effective new regulations can reduce the number of financial market security violators. Consequently, in assessing the effectiveness of the new laws, the study suggests that despite firms incorporating the new regulations, there was still an increase in the number of violations over a subsequent six-month period. Journal: Int. J. of Economics and Business Research Pages: 1-28 Issue: 1 Volume: 25 Year: 2023 Keywords: stock volatility reactions; violations; SEC investigations; the Securities and Exchange Commission; SEC; Administrative Proceedings; AP. File-URL: http://www.inderscience.com/link.php?id=127354 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijecbr:v:25:y:2023:i:1:p:1-28 Template-Type: ReDIF-Article 1.0 Author-Name: Mulat Goshu Gebeyehu Author-X-Name-First: Mulat Goshu Author-X-Name-Last: Gebeyehu Title: Who escapes from poverty? Understanding the link between environmental stress, adaptation choices and poverty dynamics in Ethiopia Abstract: This study aims to examine the link between environmental stress, adaptation options and poverty dynamics in Ethiopia. The study relies on three-year panel data collected by ECRC from 825 rural households in the Nile Basin of Ethiopia. Using the linear fixed effects model, the paper finds that weather variability significantly impacts households' welfare. Initially, rising average rainfall positively influences households' per capita spending, while extreme rising average rainfall measured by a squared average rainfall negatively affects per capita expenditure. The anomalies of precipitation and temperature have a significant adverse effect on the total per capita and food expenditures. Findings from multinomial logit model estimation prove that an increase in average rainfall would reduce the likelihood of households falling into transient poverty. In contrast, an increase in temperature would cause an increase in the probability of families falling into transient and chronic poverty. The findings suggest that policymakers and agriculture experts should strive to increase the effectiveness of existing adaptation practices and introduce new adaptation options to protect households from the devastating effects of weather variability. Journal: Int. J. of Economics and Business Research Pages: 309-329 Issue: 3 Volume: 25 Year: 2023 Keywords: climate shocks; welfare; dynamics of poverty; Ethiopia. File-URL: http://www.inderscience.com/link.php?id=129962 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:3:p:309-329 Template-Type: ReDIF-Article 1.0 Author-Name: Mahmoud Barakat Author-X-Name-First: Mahmoud Author-X-Name-Last: Barakat Author-Name: Tarek Madkour Author-X-Name-First: Tarek Author-X-Name-Last: Madkour Author-Name: Abeir M. Moussa Author-X-Name-First: Abeir M. Author-X-Name-Last: Moussa Title: The role of logistics performance index on trade openness in Europe Abstract: Logistics performance index is essential for local and regional economic development. Emerging research investigated the impact of logistics services on international trade at both company and country levels. However, there is a lack of studies that focus on the relationship between logistics and trade openness. This paper seeks to shed light on the role of logistics performance index with its six dimensions on trade openness in European countries. For this purpose, panel data are used to determine the effect of logistics performance index in these countries' trade openness, taking as control variables the macroeconomic indicators. The results show that logistics performance index is significantly affecting trade openness in the European continent. This means that better logistics performance can be considered one of the important reasons for increasing trade openness in all European countries and reducing trade costs. Journal: Int. J. of Economics and Business Research Pages: 379-394 Issue: 3 Volume: 25 Year: 2023 Keywords: logistics performance index; LPI; trade openness; Europe; panel data; econometrics. File-URL: http://www.inderscience.com/link.php?id=129967 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:3:p:379-394 Template-Type: ReDIF-Article 1.0 Author-Name: Suzan Odabaşı Author-X-Name-First: Suzan Author-X-Name-Last: Odabaşı Title: Drug overdose deaths and economic factors: an empirical analysis of US counties, 2008-2018 Abstract: Drug abuse has grown to be a very serious public health and economic problem in the USA. Economies are greatly impacted by drug abuse because of the financial costs of prevention programs, treatments, and rehabilitations. This study investigates the impacts of county-level economic and social conditions on the drug overdose deaths in the USA. Using data from the US Centres for Disease Control and Prevention (CDC), the US Census Bureau, and the Centres for Medicare and Medicaid Services (CMS) from 2008 to 2018, this study modelled associations between drug overdose deaths and socioeconomic and medical factors. Count data using Poisson regression is employed for four observation groups: females, males, individuals higher than 45 and, individuals under 45. The average county-level drug overdose deaths were relatively higher among males by nearly 25.6 deaths in 100,000 populations. The results show that drug overdose deaths significantly increase with higher uninsured population for each observation groups. In addition, among socio-economic factors, median household income and social participation are negatively related to drug overdose deaths in per 100,000 people. Journal: Int. J. of Economics and Business Research Pages: 366-378 Issue: 3 Volume: 25 Year: 2023 Keywords: well-being; health economics; economic development. File-URL: http://www.inderscience.com/link.php?id=129968 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:3:p:366-378 Template-Type: ReDIF-Article 1.0 Author-Name: Sujinda Chemsripong Author-X-Name-First: Sujinda Author-X-Name-Last: Chemsripong Title: A conceptual framework of the entry mode choices' determinants: the ownership-location-internalisation approach Abstract: Entering the international market is a crucial strategy for foreign direct investment. Different market entry models such as exports, licensees, franchises, complete management, affiliated companies, and venture capital will affect investments in terms of risk, return, and corporate governance for a successful international business. This research aimed to study the key factors influencing the decision to choose a model and the expected returns using a crucial concept of ownership advantage, location advantage, and internalisation advantage (OLI) advantage to describe international entry patterns. This paper used the multinomial logistic regression model and categorical regression to estimate regression model in hypothetical tests, utilising data from 125 Thai companies that invested in Cambodia, Laos, Myanmar, and Vietnam. Based on Thailand's investment model and their international relationship, this paper will focus on the conceptual framework variables such as firm size, international experience, and the ability to develop differentiated products, market potential, investment risk, and contractual risk. Journal: Int. J. of Economics and Business Research Pages: 330-346 Issue: 3 Volume: 25 Year: 2023 Keywords: conceptual framework; entry mode choice; foreign direct investment; FDI; OLI approach. File-URL: http://www.inderscience.com/link.php?id=129970 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:3:p:330-346 Template-Type: ReDIF-Article 1.0 Author-Name: Sandra Milena Palacio-López Author-X-Name-First: Sandra Milena Author-X-Name-Last: Palacio-López Author-Name: Yuri Lorene Hernández Fernández Author-X-Name-First: Yuri Lorene Hernández Author-X-Name-Last: Fernández Author-Name: Oscar Alonso Vélez Rojas Author-X-Name-First: Oscar Alonso Vélez Author-X-Name-Last: Rojas Author-Name: Javier A. Sánchez-Torres Author-X-Name-First: Javier A. Author-X-Name-Last: Sánchez-Torres Title: Scale of cultural values of generation Y: the case of Aburra Valley - Colombia Abstract: Generation Y is increasingly influencing society through its purchasing power and as an entity influencing other generations, so understanding its behaviour is relevant for designing strategies in different socio-economic fields. This article seeks to identify the inventory of values that regulate the behaviour of generation Y. The study used a mixed research approach. The collage technique and in-depth interviews were used for the qualitative approach, and a questionnaire applied to 330 participants was used for the quantitative approach. The results show a generation that seeks independence and stimulation, and its life guidelines are the values related to affection and the environment. These results are relevant for designing strategies in different socioeconomic areas. Journal: Int. J. of Economics and Business Research Pages: 395-413 Issue: 3 Volume: 25 Year: 2023 Keywords: culture; values; cultural dimensions; cultural behaviour; cultural values; personality; consumer behaviour; young boys; generation Y; Colombia. File-URL: http://www.inderscience.com/link.php?id=129971 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:3:p:395-413 Template-Type: ReDIF-Article 1.0 Author-Name: Najib H.S. Farhan Author-X-Name-First: Najib H.S. Author-X-Name-Last: Farhan Author-Name: Ebrahim Mohammed Al-Matari Author-X-Name-First: Ebrahim Mohammed Author-X-Name-Last: Al-Matari Author-Name: Eissa A. Al-Homaidi Author-X-Name-First: Eissa A. Author-X-Name-Last: Al-Homaidi Author-Name: Fozi Ali Belhaj Author-X-Name-First: Fozi Ali Author-X-Name-Last: Belhaj Author-Name: Waleed M. Al-Ahdal Author-X-Name-First: Waleed M. Author-X-Name-Last: Al-Ahdal Title: Current assets management: a comparative study between nascent and established entrepreneurs Abstract: This study aims to find out how current assets are being managed by both nascent and established entrepreneurs in India. Moreover, it attempts to investigate the effects of current assets management on the profitability of the firms. The examination of this paper depends on a panel data method of 1,371 Indian entrepreneurs, for the period from 2016 to 2017. Least square regression models are used for estimating the results. The study found that net trade cycle positively and significantly affects established entrepreneurs' liquidity. Furthermore, current assets to total assets ratio significantly impact entrepreneurs' profitability and nascent entrepreneurs' profitability. This study is motivated to bridge an existing gab in the literature by finding out how current assets are being managed by both nascent and established entrepreneurs in India, which has not been considered yet as per the knowledge of authors, and therefore makes this study of novel contribution to the literature. Journal: Int. J. of Economics and Business Research Pages: 347-365 Issue: 3 Volume: 25 Year: 2023 Keywords: current assets management; net trade cycle; liquidity; nascent entrepreneurs; established entrepreneurs. File-URL: http://www.inderscience.com/link.php?id=129972 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:3:p:347-365 Template-Type: ReDIF-Article 1.0 Author-Name: Sze Ting Chen Author-X-Name-First: Sze Ting Author-X-Name-Last: Chen Author-Name: Zi Jing He Author-X-Name-First: Zi Jing Author-X-Name-Last: He Author-Name: Kai Yin Allison Haga Author-X-Name-First: Kai Yin Allison Author-X-Name-Last: Haga Author-Name: Yao Jun Fan Author-X-Name-First: Yao Jun Author-X-Name-Last: Fan Title: Interest rate liberalisation to banks' risk resistance: moderator of strategic leadership and mediator of monetary policy transmission Abstract: This paper aims to investigate the influence of two missing aspects and to explore whether the liberalisation has had any influence on commercial banks' risk resistance capacity. This article considers 288 data. The analyses include the Sobel test, the ADF stationarity test, and the VAR model co-integration test. Our results show that China's interest rate marketisation reform has a positive effect on reducing bank risk. Commercial bank anti-risk capabilities can improve both China's monetary policy transmission and strategic leadership capabilities. This article showing that appropriate laws and regulations should be strengthened to reduce the risk of bankruptcy that commercial banks may face as a consequence of interest rate liberalisation. This paper contributes to the theory of interest rate liberalisation and anti-risk capability, by conceptualising from strategic leadership and monetary policy transmission theory. It finds that market-oriented rate reform has increased interest rate risk. Journal: Int. J. of Economics and Business Research Pages: 173-209 Issue: 2 Volume: 25 Year: 2023 Keywords: interest rate liberalisation; monetary policy transmission; risk resistance; strategic leadership; VAR. File-URL: http://www.inderscience.com/link.php?id=127929 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:2:p:173-209 Template-Type: ReDIF-Article 1.0 Author-Name: Khulood Alshehhi Author-X-Name-First: Khulood Author-X-Name-Last: Alshehhi Author-Name: Jawaher Alteniji Author-X-Name-First: Jawaher Author-X-Name-Last: Alteniji Author-Name: Shaikha Alshamsi Author-X-Name-First: Shaikha Author-X-Name-Last: Alshamsi Author-Name: Walaa Wahid ElKelish Author-X-Name-First: Walaa Wahid Author-X-Name-Last: ElKelish Author-Name: Iman Hani Iwhish Author-X-Name-First: Iman Hani Author-X-Name-Last: Iwhish Title: The extent of awareness for the International Public Sector Accounting Standards in the United Arab Emirates emerging market Abstract: This paper explores the extent of the International Public Sector Accounting Standards (IPSAS) awareness and determinants in the United Arab Emirates (UAE) emerging market. Data was collected using a survey instrument. This paper uses the multiple regression analysis (OLS) to test the study hypotheses. The results show that respondents' have a moderately high awareness of the IPSAS adoption. The implementation of IPSAS improves the decision-making quality, reporting transparency and efficiency. Respondents indicate low IPSAS adoption costs and support the IPSAS adoption preparation. Besides, IPSAS awareness depends on the perceived benefits of decision-making and reporting quality improvements and organisation size. The respondents' work experience, organisation service activities and type are vital determinants of the IPSAS benefits. This paper provides useful guidelines for professional accountants, managers and organisations to improve the IPSAS adoption process. Journal: Int. J. of Economics and Business Research Pages: 210-228 Issue: 2 Volume: 25 Year: 2023 Keywords: International Public Sector Accounting Standards; IPSAS; awareness; emerging markets; United Arab Emirates; UAE. File-URL: http://www.inderscience.com/link.php?id=127930 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:2:p:210-228 Template-Type: ReDIF-Article 1.0 Author-Name: Hafiz M. Sohail Author-X-Name-First: Hafiz M. Author-X-Name-Last: Sohail Author-Name: Zengfu Li Author-X-Name-First: Zengfu Author-X-Name-Last: Li Title: Nexus among foreign direct investment, domestic investment, financial development and economic growth: a NARDL approach in Pakistan Abstract: One of the most recent issues has been the relationship between foreign direct investment and economic development in host economies. This paper examines the nonlinear relationship between economic growth, foreign direct investment, domestic investment, and financial development using annual time series data from 1970 to 2019. We used the nonlinear auto-regressive distribution lag (NARDL) co-integration technique. The results show the positive effects of FDI and DI are more significant than the negative effects and follow a nonlinear direction. As a result, policymakers should tighten their hold on FDI channelling and effectively enforce regulations in order to boost Pakistan's economic development. Journal: Int. J. of Economics and Business Research Pages: 249-269 Issue: 2 Volume: 25 Year: 2023 Keywords: economic growth; foreign direct investment; domestic investment; nonlinear ARDL; Pakistan. File-URL: http://www.inderscience.com/link.php?id=127931 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:2:p:249-269 Template-Type: ReDIF-Article 1.0 Author-Name: Thi Thuy Hang Le Author-X-Name-First: Thi Thuy Hang Author-X-Name-Last: Le Author-Name: Nga Hang Thi Phan Author-X-Name-First: Nga Hang Thi Author-X-Name-Last: Phan Author-Name: Xuan Dung Nguyen Author-X-Name-First: Xuan Dung Author-X-Name-Last: Nguyen Author-Name: Vu Than Nguyen Author-X-Name-First: Vu Than Author-X-Name-Last: Nguyen Title: The nexus of financial liberalisation and economic growth: is Vietnam different? Abstract: This paper explores the relationship of economic growth and financial liberalisation in Vietnam, an emerging economy with remarkable changes since 2000. By drawing the quarterly dataset over the 20-year period starting from 2000 and the vector error-correction model estimation, our findings support the causal relationship among the set of macroeconomics determinants, such as credit rate, money supply as well as exchange rate. After controlling rigours determinants, we found that these two factors exhibit the causality in short-term and long-term. From this starting point, the relevant policy implications are drawn to highlight the process of liberalising the financial system as well as the list of non-conforming reservation measures (NCM) during the proposed negotiation process. Journal: Int. J. of Economics and Business Research Pages: 292-308 Issue: 2 Volume: 25 Year: 2023 Keywords: economic growth; financial liberalisation; Vietnam. File-URL: http://www.inderscience.com/link.php?id=127932 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:2:p:292-308 Template-Type: ReDIF-Article 1.0 Author-Name: Umer Ilyas Author-X-Name-First: Umer Author-X-Name-Last: Ilyas Author-Name: Matti Ullah Butt Author-X-Name-First: Matti Ullah Author-X-Name-Last: Butt Author-Name: Muhammad Gulzar Author-X-Name-First: Muhammad Author-X-Name-Last: Gulzar Author-Name: Muhammad Umer Quddoos Author-X-Name-First: Muhammad Umer Author-X-Name-Last: Quddoos Title: A new dimension in exploring stock price movement Abstract: This study unfolds the deficiencies of traditional index base studies and explores the macroeconomic determinants of stock price movement in Pakistan with the aid of panel ARDL model with co-integration and with the objective to provide knowledge platform applicable beyond the geographical boundaries by overcoming the deficiencies of traditional index base studies. Monthly data for the period of 2005 to 2020 were collected for exchange rate, foreign direct investment, interest rate, foreign exchange reserve and exports along with month end share price for analysis. This study captures the impact of these variables first on overall sector and then on each individual firm within same sector to analyse is there any difference in response for both. The results of the study rejected the conventional methods of adopting stock index for decision making as for most cases the overall sector response found different as compared to firms within same sector. Journal: Int. J. of Economics and Business Research Pages: 414-430 Issue: 3 Volume: 25 Year: 2023 Keywords: stock price determinants; macro-economic variables; stock market performance; sector analysis; firm analysis. File-URL: http://www.inderscience.com/link.php?id=129989 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:3:p:414-430 Template-Type: ReDIF-Article 1.0 Author-Name: Aamir Aijaz Syed Author-X-Name-First: Aamir Aijaz Author-X-Name-Last: Syed Author-Name: Muhammad Abdul Kamal Author-X-Name-First: Muhammad Abdul Author-X-Name-Last: Kamal Title: Financial sector development and credit risk: an insight of BRICS countries using continuously updated fully modified and continuously updated bias corrected methods Abstract: The impact of financial sector development on non-performing loans (NPLs) among emerging countries is inconclusive. For this purpose, the study investigates the relationship between financial sector development and NPLs among BRICS countries, covering the period from 1995-2018. The study has used a novel continuously-updated fully-modified (CUP-FM), and continuously-updated bias-corrected model (CUP-BC) for long-run estimation, together with CIPS, CADF second-generation unit root test, and Westerlund cointegration analysis. The findings infer that financial intermediation in terms of banks' deposits to GDP ratio and private credit to GDP ratio negatively impact NPLs in the long run. Furthermore, financial sector efficiency, financial sector stability, and regulatory capital help in reducing NPLs in the long run in BRICS countries. However, the study highlights that financial sector liberalisation in terms of foreign banks' presence has an insignificant relationship with NPLs in BRICS countries in the long run. This study offers useful policy implications. Journal: Int. J. of Economics and Business Research Pages: 110-128 Issue: 1 Volume: 26 Year: 2023 Keywords: financial sector development; credit risk; CUP-FM; CUP-BC; BRICS; non-performing loans; NPLs. File-URL: http://www.inderscience.com/link.php?id=131782 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:1:p:110-128 Template-Type: ReDIF-Article 1.0 Author-Name: Gehan A. Mousa Author-X-Name-First: Gehan A. Author-X-Name-Last: Mousa Author-Name: Abdelmohsen M. Desoky Author-X-Name-First: Abdelmohsen M. Author-X-Name-Last: Desoky Author-Name: Mohamed Yassin Author-X-Name-First: Mohamed Author-X-Name-Last: Yassin Title: Related party transactions, earnings management and governance mechanism in emerging markets: the case of GCC countries Abstract: The main purpose of this study is to examine the impact of earnings management (EM) and some governance mechanisms on related party transactions (RPTs) of listed firms in four emerging stock markets, which are members of the Gulf Cooperation Council (GCC). A sample of 454 firm-year observations is used during a four-year period (2016-2019). Four models of hierarchical multiple regression (HMR) are performed to regress five independent variables (firm EM, AC independence, the number of AC meetings, AC size and EXQ) on RPTs which are represented by two main transactions (purchases of goods from RP and sales of goods to RP). Linear HMR regression models indicate that only two independent variables (firm EM and EXQ) are significantly explaining both dependent variables of RPTs, and they are not explained by any AC independent variable. Findings of this study suggest that the mere presence of RPTs does not necessarily suggest that firms' management engage in greater earnings management. This study may afford additional valued insights on factors affecting RPTs. Journal: Int. J. of Economics and Business Research Pages: 1-23 Issue: 1 Volume: 26 Year: 2023 Keywords: related party transactions; earnings management; audit committee attributes; external audit quality. File-URL: http://www.inderscience.com/link.php?id=131783 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:1:p:1-23 Template-Type: ReDIF-Article 1.0 Author-Name: Ruchika Kaura Author-X-Name-First: Ruchika Author-X-Name-Last: Kaura Author-Name: Namita Rajput Author-X-Name-First: Namita Author-X-Name-Last: Rajput Title: Dynamic volatility spillover across stock markets of India and its trading partners - an empirical investigation Abstract: This study investigates the nature of volatility transmissions between India and its 14 major trading partners based on their benchmark stock market indices covering time period from January 2013 to May 2020. The results of EGARCH model provide that significant bi-directional volatility spillover exists between India and four of its trading partners; unidirectional volatility spillover exists from six of its trading partners towards India; unidirectional volatility spillover exists from India towards three of its trading partners; and volatility spillover between India and one trading partner is not found significant. The results of DCC-GARCH model reveal that time-varying/dynamic nature of the conditional correlation exists for all the pairs of stock market indices. The findings of the study have useful implications for portfolio managers, international investors and regulators for devising diversification strategies and for policy arrangements to bring stability of an economy from international financial shocks and crisis. Journal: Int. J. of Economics and Business Research Pages: 84-109 Issue: 1 Volume: 26 Year: 2023 Keywords: volatility spillover; financial markets; DCC-GARCH model; India; EGARCH model. File-URL: http://www.inderscience.com/link.php?id=131784 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:1:p:84-109 Template-Type: ReDIF-Article 1.0 Author-Name: Azleen Ilias Author-X-Name-First: Azleen Author-X-Name-Last: Ilias Author-Name: Nasrudin Baidi Author-X-Name-First: Nasrudin Author-X-Name-Last: Baidi Author-Name: Erlane K. Ghani Author-X-Name-First: Erlane K. Author-X-Name-Last: Ghani Author-Name: Fazlida Mohd Razali Author-X-Name-First: Fazlida Mohd Author-X-Name-Last: Razali Title: Challenging factors influencing university students' intention and experience of online learning: an analysis using Berge model Abstract: This study examined the Malaysian university students' experience of online learning (OL) usage challenges during the COVID-19 pandemic using Berge model among gender, experience, and intention. It examined the association between experience of online learning usage and intention to use online learning. This study surveyed 436 students via an electronic questionnaire. The view on technical skills and learner motivation are different among genders. Furthermore, students with experience and those with no experience of online learning have different views on academic skills. Students that have an intention and those with no intention to use OL have different views on social interactions, academic skills, time and support for studies, cost and access and technical problems. The experience of OL usage has shown an association with intention to use OL. This study contributes to the implementation of OL that involves instructors and students and the motivation to use OL with instructors' preparedness, teaching content, time, and voice usage. Journal: Int. J. of Economics and Business Research Pages: 499-529 Issue: 4 Volume: 26 Year: 2023 Keywords: online learning; OL; COVID-19; Malaysia; survey; university students; Berge model. File-URL: http://www.inderscience.com/link.php?id=134856 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:4:p:499-529 Template-Type: ReDIF-Article 1.0 Author-Name: Ayushi Tyagi Author-X-Name-First: Ayushi Author-X-Name-Last: Tyagi Author-Name: Geeta Mishra Author-X-Name-First: Geeta Author-X-Name-Last: Mishra Author-Name: Amirul Hasan Ansari Author-X-Name-First: Amirul Hasan Author-X-Name-Last: Ansari Title: The mediating role of organisation engagement and job engagement in the relationship between job satisfaction and turnover intention: a study in service organisations Abstract: Employee engagement has gained the interest of researchers and academics in the last few years. However, job engagement and organisation engagement as different organisational constructs have been studied by only a few researchers and not much is explored about the mediating effects that parallel between the two. The purpose of this paper is to explore the relationship among job satisfaction, organisation engagement, job engagement and turnover intention. Additionally, the mediating effect of organisation engagement and job engagement in the relationship between job satisfaction and turnover intention is also examined. This is the first study to investigate the mediating impact of organisation engagement and job engagement in the relationship between job satisfaction and turnover intention. This work would also add to the engagement literature and eventually help potential researchers in recognising the connection of organisation engagement and job engagement with other key organisational variables. Journal: Int. J. of Economics and Business Research Pages: 229-248 Issue: 2 Volume: 25 Year: 2023 Keywords: job satisfaction; organisation engagement; job engagement and turnover intention; structural equation modelling. File-URL: http://www.inderscience.com/link.php?id=127944 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:2:p:229-248 Template-Type: ReDIF-Article 1.0 Author-Name: Debasis Chakraborty Author-X-Name-First: Debasis Author-X-Name-Last: Chakraborty Title: Comparative role of income and social inequality in migration decision making: a household level analysis of India Abstract: This paper tries to analyse the relative role played by income and social inequality in rural-urban migration decision-making, exploring household level primary data of India. The study has used various income and social inequality indices, namely, economic well-being, Gini coefficient, multidimensional poverty index (MPI), etc. Results show that income factors, specifically absolute income differences rather than relative income inequalities, are the most dominant reason. Rural people are least bothered about multi-dimensional deprivation as results shows that fewer multi-dimensionally poor are migrating in higher numbers. While comparing the pre- and post-migration scenario, it has been found that the rural out-migrants have become more multi-dimensionally poor once they migrate into urban areas. Hence rural-urban migration is found to be welfare reducing. The logistic regression results show that families from scheduled castes and scheduled tribes are more multi-dimensionally poor and distance from nearby market is one of the key determinants of multidimensional poverty. Journal: Int. J. of Economics and Business Research Pages: 24-42 Issue: 1 Volume: 26 Year: 2023 Keywords: migration; income inequality; social inequality; deprivation; multidimensional poverty index; MPI; India. File-URL: http://www.inderscience.com/link.php?id=131785 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:1:p:24-42 Template-Type: ReDIF-Article 1.0 Author-Name: Evgeny A. Malyshev Author-X-Name-First: Evgeny A. Author-X-Name-Last: Malyshev Author-Name: Aleksandr A. Gershanok Author-X-Name-First: Aleksandr A. Author-X-Name-Last: Gershanok Title: Management of innovative development of the national economic system in conditions of global acceleration of scientific and technological progress Abstract: The problems of innovative development of countries in terms of accelerating scientific and technological progress have been studied in this article. The authors identified five main factors having a major impact on the success of the innovative economy. The authors introduce the concept of the quality of the economic and political system to assess the conditions of innovative business. The necessary requirements to the quality of the national economic system in the conditions of the innovative economy development have been defined. For the first time, the authors introduced a system of assessing the quality of the economic and political systems of the country in the innovative economy. The authors propose a multi-factor model of managing the country's innovative development using the integral quality factor of the economic system. The model is based optimal conditions for the successful functioning of the innovative companies in the national economic environment. Journal: Int. J. of Economics and Business Research Pages: 557-573 Issue: 4 Volume: 26 Year: 2023 Keywords: innovation; quality; development; conditions; psychology; rationality; responsibility; self-organisation; motivation; management. File-URL: http://www.inderscience.com/link.php?id=134857 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:4:p:557-573 Template-Type: ReDIF-Article 1.0 Author-Name: Ibrahim Niankara Author-X-Name-First: Ibrahim Author-X-Name-Last: Niankara Author-Name: Ghaleb A. El Refae Author-X-Name-First: Ghaleb A. El Author-X-Name-Last: Refae Author-Name: Amer Qasim Author-X-Name-First: Amer Author-X-Name-Last: Qasim Title: A spatial bivariate copula regression analysis of youths' access to ICT resources and subjective well-being in the Middle East Abstract: This paper evaluates the availability and impact of ICT resources on youths' subjective well-being in the Middle East. It does so by using data on youth respondents from five Middle Eastern countries, extracted from the 2018 wave of the Program for International Students' Assessment (PISA) survey. The findings reveal that except for the UAE and Qatar, respondents from the remaining three countries report below OECD level average access to ICT resources. The within region comparative analysis also highlights significant cross-country heterogeneity in ICT resource access at home. Moreover, controlling for not only cross-country spatial correlations, and factors such as: home educational resources, parental occupation status, economic and socio-cultural status, age, gender, and grade level in school; each standard deviation increase in access to ICT resources is found to raise youths' subjective well-being by 1.88% standard deviations. Hence, pointing out the value of ICT resources diffusion on welfare improvement in the region. Journal: Int. J. of Economics and Business Research Pages: 43-83 Issue: 1 Volume: 26 Year: 2023 Keywords: copula regression; ICT resources; Middle East; spatial analysis; students well-being; Sustainable Development Goals; SDGs. File-URL: http://www.inderscience.com/link.php?id=131786 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:1:p:43-83 Template-Type: ReDIF-Article 1.0 Author-Name: Allouche Nabila Author-X-Name-First: Allouche Author-X-Name-Last: Nabila Author-Name: Bouri Abdelfettah Author-X-Name-First: Bouri Author-X-Name-Last: Abdelfettah Title: Investors decision-making in equity crowdfunding Abstract: Equity crowdfunding is a way to finance new businesses. Given that the means of communication are limited, this study relies on signalling theory to examine the signals that may influence the decision of investors to invest in equity financing through crowdfunding platforms. This study used a sample of 320 projects listed on crowdcube between April 2017 and December 2018 regarding equity crowdfunding campaigns in the UK. The relationship between each type of signal and the level of success of equity crowdfunding has been tested empirically using binary logistic regression, ordinary least squares regression analysis, and negative binomial regression. The results of our research show that higher retention of equity shares by entrepreneurs, board experience and/or education and the information about the company's strategy to distribute dividends have a positive impact on the success of the financing of a project. In addition, financial forecasts and rewards contribute to a higher probability of success. In contrast, exit strategy, social media, and the duration of the company have little or no impact on funding success. Journal: Int. J. of Economics and Business Research Pages: 574-593 Issue: 4 Volume: 26 Year: 2023 Keywords: equity based crowdfunding; signaling mechanism; entrepreneurial finance; information asymmetry; crowdfunding platform. File-URL: http://www.inderscience.com/link.php?id=134858 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:4:p:574-593 Template-Type: ReDIF-Article 1.0 Author-Name: Johan Coetzee Author-X-Name-First: Johan Author-X-Name-Last: Coetzee Author-Name: Louis Raubenheimer Author-X-Name-First: Louis Author-X-Name-Last: Raubenheimer Title: Value preferences for rewards and loyalty programs of South African financial institutions Abstract: This study investigates the impact of value preferences on relational outcomes such as loyalty and repeat purchase behaviour that customers of financial institutions (FIs) have towards their rewards and loyalty programs (RLPs). Using a structural equation model, the results indicate that utilitarian, hedonic and symbolic value drivers are all positively associated with perceptions of delight, satisfaction, trust, attitudinal and behavioural loyalty. Symbolic value drivers were found to have a particularly strong association with perceptions of delight and satisfaction. Although a strong positive relationship was found between attitudinal loyalty and repeat purchase behaviour, no significant relationship was found between behavioural loyalty and repeat purchase behaviour. The findings suggest that if RLPs provide a comprehensive ecosystem reflecting aspects of all the value drivers, customers will be more likely to exhibit true loyalty towards the program of the FI if symbolic rewards are particularly prominent due to eliciting higher-order psychological relational outcomes. Journal: Int. J. of Economics and Business Research Pages: 530-556 Issue: 4 Volume: 26 Year: 2023 Keywords: rewards and loyalty programs; RLPs; financial institutions; banks; attitudinal loyalty; behavioural loyalty. File-URL: http://www.inderscience.com/link.php?id=134859 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:4:p:530-556 Template-Type: ReDIF-Article 1.0 Author-Name: Dipanita Deb Author-X-Name-First: Dipanita Author-X-Name-Last: Deb Author-Name: Anupam De Author-X-Name-First: Anupam Author-X-Name-Last: De Author-Name: Philippe Gillet Author-X-Name-First: Philippe Author-X-Name-Last: Gillet Title: Examining the association between corporate social responsibility and corporate financial performance: a scientometric analysis Abstract: The association between corporate social responsibility (CSR) and corporate financial performance (CFP) has been subject to extensive empirical enquiry. Previous studies have shown an equivocal association. The article aims to review the relationship between CSR and CFP and the factors determining this relationship. A new methodology has been proposed in the study to enhance the knowledge in CSR and CFP. Previous studies have performed co-citations examination. But there are no studies which used; 1) topic mapping; 2) co-citation analysis; 3) co-authorship analysis; 4) overlay visualisation. Apart from this, there are no investigations on the sources, keywords, growth trend, countries, and co-authorship analysis to link the association between CSR and CFP for the time frame of 1984-2020. The findings of this study show positive relationship between CSR and CFP; and the size of a business is the main factor which influence the relationship between CSR - CFP apart from other factors. Journal: Int. J. of Economics and Business Research Pages: 594-626 Issue: 4 Volume: 26 Year: 2023 Keywords: bibliometric analysis; CSR; CFP; citation analysis; scientometrics; literature review. File-URL: http://www.inderscience.com/link.php?id=134860 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:4:p:594-626 Template-Type: ReDIF-Article 1.0 Author-Name: Vdovichen Anatolii Author-X-Name-First: Vdovichen Author-X-Name-Last: Anatolii Author-Name: Vdovichena Olha Author-X-Name-First: Vdovichena Author-X-Name-Last: Olha Author-Name: Losheniuk Iryna Author-X-Name-First: Losheniuk Author-X-Name-Last: Iryna Author-Name: Chaplinskyi Yurii Author-X-Name-First: Chaplinskyi Author-X-Name-Last: Yurii Author-Name: Losheniuk Oksana Author-X-Name-First: Losheniuk Author-X-Name-Last: Oksana Title: EU international trade impact on regional retail markets of neighbouring countries Abstract: A better understanding of regional market structure influenced by international market trends can be used to determine the characteristics and concentration of local retail markets, as well as retailers' reactions to import-export relations and changes influenced by cross-border factors. The purpose of the research is to develop and analyse a model of the impact of the internal and external indicators on the structure and state of the domestic regional market with the use of the structural equation modelling analysis. Analysis determined that retail domestic trade is the main source of household income of the Ukrainian part of the Carpathian area. The development of the economic level of households is important for the development of the domestic trade structure and ensuring further economic integration of Ukraine into the EU. The results of our study provide a practical opportunity to predict possible scenarios and key factors of such integration. Journal: Int. J. of Economics and Business Research Pages: 451-462 Issue: 4 Volume: 26 Year: 2023 Keywords: retail trade; regional market; structural equation model; border regions; import-export relations. File-URL: http://www.inderscience.com/link.php?id=134861 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijecbr:v:26:y:2023:i:4:p:451-462 Template-Type: ReDIF-Article 1.0 Author-Name: Sourabh Bhatt Author-X-Name-First: Sourabh Author-X-Name-Last: Bhatt Author-Name: Gurcharan Singh Author-X-Name-First: Gurcharan Author-X-Name-Last: Singh Author-Name: Wajeeha Aslam Author-X-Name-First: Wajeeha Author-X-Name-Last: Aslam Title: Extension of technology acceptance model: considering cultural values and expectations with special reference to telemedicine in India Abstract: The study makes effort to extend the technology acceptance model (TAM) with additional variables, namely, expectations and Hofstede's cultural values in a context of telemedicine. Three hundred and seventy respondents were gathered from people with telemedicine experience, living in Delhi and partial least square-structural equation modelling (PLS-SEM) technique was employed. The results suggest that attitude towards telemedicine is strongly influenced by expectations, followed by perceived ease of use (PEOU) and perceived usefulness (PU). Moreover, behavioural intention to use telemedicine is largely influenced by expectations, followed by attitude and PU. Also, collectivism positively affects PU whereas masculinity negatively affects PU. Collectivism, power distance, and long-term orientation were only found significant on PEOU. The study also confirms a significant positive effect of PEOU on PU of telemedicine. This study provides a comprehensive view of telemedicine adoption and provides guidelines to developing countries for the effective introduction of telemedicine services. Journal: Int. J. of Economics and Business Research Pages: 270-291 Issue: 2 Volume: 25 Year: 2023 Keywords: technology acceptance model; TAM; Hofstede culture; expectation; telemedicine. File-URL: http://www.inderscience.com/link.php?id=127954 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:25:y:2023:i:2:p:270-291 Template-Type: ReDIF-Article 1.0 Author-Name: Riccardo Cappelli Author-X-Name-First: Riccardo Author-X-Name-Last: Cappelli Author-Name: Marco Cucculelli Author-X-Name-First: Marco Author-X-Name-Last: Cucculelli Title: Exiting the market by mergers and acquisitions. Does the crisis matter? Abstract: We explore whether and to what extent the business cycle affects the influence of firms' innovation profile on their market exit decisions through mergers and acquisitions (M&A). This study suggests that the nature of innovation behind the M&A exit strategy is very different during crisis or non-crisis economic periods. We tested our hypothesis on a sample of 358 M&A that occurred in Europe before (145) and after (213) the financial crisis of 2008. The results of probit estimates show that: 1) internal R&D and product innovations are major drivers of M&A deals in young industries, whereas process innovations play a crucial role in mature industries; 2) patents are the only key innovation drivers of M&A after the crisis, both in young and mature industries. The mechanism behind these emergent behaviours allows to grasp some important aspects that are still not fully developed in the literature. Journal: Int. J. of Economics and Business Research Pages: 275-295 Issue: 3 Volume: 26 Year: 2023 Keywords: mergers and acquisitions; firm exit; financial crisis; R&D; product innovation; process innovation; patent; economic cycle; industry life-cycle; ILC; uncertainty. File-URL: http://www.inderscience.com/link.php?id=133082 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:3:p:275-295 Template-Type: ReDIF-Article 1.0 Author-Name: Noorazeela Zainol Abidin Author-X-Name-First: Noorazeela Zainol Author-X-Name-Last: Abidin Author-Name: Mai Syaheera Miau Shaari Author-X-Name-First: Mai Syaheera Miau Author-X-Name-Last: Shaari Title: The linkage among socio-economic indicators and life expectancy in selected ASEAN+3 countries Abstract: The improvement in medical technology indirectly contributes to increasing life expectancy. Besides, a good health service system can also help to overcome the various health problems. However, the rising on treatment costs, levels of education, standards of living and the drop of mortality rates can lead to a decline in life expectancy. Therefore, this study was conducted to investigate the linkages between socio-economic indicators and life expectancy in selected ASEAN+3 countries from 1991 to 2019 by using panel static method. The results obtained show that there are significantly positive relationships between education and health spending on life expectancy while interaction between dummy country and life expectancy show a negative relationship. Therefore, these findings are important for policymakers to formulate policies in increasing life expectancy based on socio-economic indicators for each country. Journal: Int. J. of Economics and Business Research Pages: 296-306 Issue: 3 Volume: 26 Year: 2023 Keywords: life expectancy; education; ASEAN+3; health spending. File-URL: http://www.inderscience.com/link.php?id=133085 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:3:p:296-306 Template-Type: ReDIF-Article 1.0 Author-Name: Heri Junaidi Author-X-Name-First: Heri Author-X-Name-Last: Junaidi Title: The perishment of the economics sector in women's domestication during the COVID-19 pandemic in Indonesia Abstract: The COVID-19 pandemic, considered a force that restores family institutions, has led to the domestication of women who have become professional workers. This paper aims to show how the return of women to the home causes the loss of women's status as professional workers on the one hand and the return of women as mothers and wives on the other. In this context, gender relations have also been redefined. The data used for this paper are derived from qualitative research, using various discussions in online media and relevant literature. The results of the study show that a series of government policies have forced women to return home and ignored women's autonomy which had been hard built. This paper concludes that the position of women is increasingly crucial in crises, but at the same time, women lose their bargaining position and authority as professional workers. Journal: Int. J. of Economics and Business Research Pages: 484-498 Issue: 4 Volume: 26 Year: 2023 Keywords: economic perishment; woman domestication; COVID-19 pandemic. File-URL: http://www.inderscience.com/link.php?id=134877 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijecbr:v:26:y:2023:i:4:p:484-498 Template-Type: ReDIF-Article 1.0 Author-Name: Mohammad Izzat Alhalalmeh Author-X-Name-First: Mohammad Izzat Author-X-Name-Last: Alhalalmeh Author-Name: Essa Mahmoud Al Tarawneh Author-X-Name-First: Essa Mahmoud Al Author-X-Name-Last: Tarawneh Author-Name: Mohammed Mousa Eldahamsheh Author-X-Name-First: Mohammed Mousa Author-X-Name-Last: Eldahamsheh Title: Moderating impact of innovation work behaviour on the relationship between entrepreneurial leadership and competitive advantage: an empirical study on retail industry of Jordan Abstract: The study aims to examine the moderating impact of innovation work behaviour on the relationship between entrepreneurial leadership and competitive advantage. A survey questionnaire and primary quantitative study were designed with the sample size of 560 carried out for the purpose of data collection. The researchers used SEM techniques for the determination of the model. The findings section consists of various tests such as measurement model and structural model executed through AMOS. The analysis determined that there is a partial effect of entrepreneurial leadership over the cost advantage, service variety advantage and service quality advantage. Moreover, the moderation of idea exploration was significant in the case of service quality advantage with entrepreneurial leadership. Lastly, the moderation of idea implementation was insignificant as to the relationship of entrepreneurial leadership with cost advantage and service quality advantage while it was statistically significant with the service variety advantage. Journal: Int. J. of Economics and Business Research Pages: 255-274 Issue: 3 Volume: 26 Year: 2023 Keywords: innovative work behaviour; IWB; entrepreneurial leadership; competitive advantage; retail industry; Jordan. File-URL: http://www.inderscience.com/link.php?id=133086 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:3:p:255-274 Template-Type: ReDIF-Article 1.0 Author-Name: Luís Miguel Pacheco Author-X-Name-First: Luís Miguel Author-X-Name-Last: Pacheco Title: The impact of gender on financial performance: evidence for Portuguese SMEs Abstract: The relationship between gender and profitability in the context of small and medium enterprises (SMEs) is a less studied topic in the broader context of performance determinants. Thus, the objective of this paper is to examine whether women's leadership of the firms' board of directors and senior management teams enhances financial performance. Contributing to fill this research gap and based on the agency and stakeholder theories, it is used a balanced panel data of 4,806 Portuguese SMEs for the period from 2010 to 2019. The results from the random-effects model evidence the absence of a broad significant relationship, albeit with some slight evidence of a negative relation, moderated by firm age and present in some specific sectors of activity. Given the SMEs importance in the majority of countries, the results and implications of this paper can be generalised to other economies, albeit country specific cultural and legal issues should be taken in consideration. Journal: Int. J. of Economics and Business Research Pages: 354-374 Issue: 3 Volume: 26 Year: 2023 Keywords: financial performance; gender diversity; SMEs; agency theory; stakeholder theory. File-URL: http://www.inderscience.com/link.php?id=133087 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:3:p:354-374 Template-Type: ReDIF-Article 1.0 Author-Name: Abd. Rahman Razak Author-X-Name-First: Abd. Rahman Author-X-Name-Last: Razak Author-Name: Adji Achmad Rinaldo Fernandes Author-X-Name-First: Adji Achmad Rinaldo Author-X-Name-Last: Fernandes Author-Name: Nur Imam Saifullah Author-X-Name-First: Nur Imam Author-X-Name-Last: Saifullah Title: Moderation of village funds and mediation of agricultural sector growth on poverty in rural areas Abstract: This study aims to analyse the Village Fund variable in moderating the influence of agricultural sector growth, population migration, and land use change variables on poverty in rural Indonesia. The method was multigroup SEM analysis with WarpPLS. The sample of this research is 33 provinces in Indonesia using secondary data from Central Bureau of Statistics. Based on the results of the study, it is concluded that the Village Fund can moderate strengthen or weaken the influence between variables. This means that an increase in the amount of Village Fund can strengthen the relationship between these variables. The novelty in this study is the Village Fund as a moderating variable. Previous studies only measured the effect of Village Funds on poverty by positioning Village Funds as an independent variable, not as a moderating variable. Moderation is categorised into high category Village Funds and low category Village Funds. Journal: Int. J. of Economics and Business Research Pages: 463-483 Issue: 4 Volume: 26 Year: 2023 Keywords: poverty; Village Fund; population migration; land use change; agricultural sector growth; structural equation modelling; SEM; multigroup. File-URL: http://www.inderscience.com/link.php?id=134882 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijecbr:v:26:y:2023:i:4:p:463-483 Template-Type: ReDIF-Article 1.0 Author-Name: ThiHong Nguyen Author-X-Name-First: ThiHong Author-X-Name-Last: Nguyen Author-Name: Dang Trung Tuyen Author-X-Name-First: Dang Trung Author-X-Name-Last: Tuyen Author-Name: Nguyen Ngoc Trung Author-X-Name-First: Nguyen Ngoc Author-X-Name-Last: Trung Author-Name: Tran Cuong Author-X-Name-First: Tran Author-X-Name-Last: Cuong Title: Analysing costs and margins of smallholder farmers in the coffee value chain: M4P approach Abstract: The study attempted to analyse costs and margins of smallholder farmers involved in the coffee value chain in Dak Lak province - the coffee capital of Vietnam. Data was collected through a survey and was assessed by applying M4P approach. ARIMA model was used for forecasting the costs and margins over time. The results revealed that coffee growing households receive the highest profits and create the highest value added in the chain. In the short-term, coffee farmers bear less price volatility risk than coffee manufacturing and exporting enterprises, but in the long-term, this risk will gradually shift from manufacturing and exporting companies to them. Journal: Int. J. of Economics and Business Research Pages: 325-353 Issue: 3 Volume: 26 Year: 2023 Keywords: ARIMA model; coffee value chain; costs and margins; Dak Lak coffee; M4P approach. File-URL: http://www.inderscience.com/link.php?id=133095 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:3:p:325-353 Template-Type: ReDIF-Article 1.0 Author-Name: Sahnaz Kocoglu Author-X-Name-First: Sahnaz Author-X-Name-Last: Kocoglu Author-Name: Aybuke Yalcin Author-X-Name-First: Aybuke Author-X-Name-Last: Yalcin Author-Name: Cemre Eda Erkilic Author-X-Name-First: Cemre Eda Author-X-Name-Last: Erkilic Title: Best performing stock market sectors of COVID-19 era: factors behind the success of healthcare and consumer staples sectors Abstract: In the study, we investigate the impact of S&P500 index, the number of COVID-19 cases, VIX index and oil prices on the stock market performance of healthcare and consumer staples sectors during the pandemic as these sectors have emerged as the best performing sectors in the USA in the era of COVID-19. We employ ARDL approach and Granger causality over the period 6 April-30 October 2020. ARDL bounds test results reveal that the number of cases had a positive effect on both sectors while the financial markets were adversely affected by the increasing number of cases. Moreover, decreasing oil prices driven by the negative economic expectations positively affected the sectors. The number of cases and VIX index granger cause the healthcare sector index while both sector indices cause the oil prices. This study is the first to investigate the factors behind the success of healthcare and consumer staples sectors. Journal: Int. J. of Economics and Business Research Pages: 307-324 Issue: 3 Volume: 26 Year: 2023 Keywords: S&P 500; COVID-19; consumer staples; healthcare; stock return; consumer behaviour; ARDL approach. File-URL: http://www.inderscience.com/link.php?id=133103 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:3:p:307-324 Template-Type: ReDIF-Article 1.0 Author-Name: Ruben Albertovich Gevorgyan Author-X-Name-First: Ruben Albertovich Author-X-Name-Last: Gevorgyan Author-Name: Gayane Karlenovna Gevorgyan Author-X-Name-First: Gayane Karlenovna Author-X-Name-Last: Gevorgyan Title: Incorporated opportunistic informal institutions Abstract: The article introduces the concept of incorporated informal opportunistic institutions, discusses their structure, the forms of existence and functioning, as well as the principles of management and obtaining benefits. Incorporated informal opportunistic institutions are organised groups of people within an institution that creates unwritten rules, specific roles, monetary and information flows, leechlike on the formal rules of the institution in order to obtain joint benefits. The article fully considers the special aspects of formation of incorporated informal opportunistic institutions and its affiliation with such concepts as the institution dysfunction and the 'state capture'. The concept of incorporated informal opportunistic institutions that we introduce implies purposeful actions within a formal institution and differs from both the concept of institution dysfunction and the concept of 'state capture'. It was demonstrated that formal institutions with incorporated informal opportunistic institutions can be 'captured' far easier. Journal: Int. J. of Economics and Business Research Pages: 389-402 Issue: 3 Volume: 26 Year: 2023 Keywords: informal institutions; institution dysfunction; state capture; opportunistic behaviour; incorporated institutions. File-URL: http://www.inderscience.com/link.php?id=133119 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:26:y:2023:i:3:p:389-402