Template-Type: ReDIF-Article 1.0 Author-Name: Wirawan E.D. Radianto Author-X-Name-First: Wirawan E.D. Author-X-Name-Last: Radianto Author-Name: Tommy C. Efrata Author-X-Name-First: Tommy C. Author-X-Name-Last: Efrata Author-Name: Liliana Dewi Author-X-Name-First: Liliana Author-X-Name-Last: Dewi Title: Financial knowledge and financial behaviour among micro businesses: the mediating role of pro-growth mental accounting Abstract: This study examines the effect of financial knowledge, pro-growth mental accounting, and financial self-efficacy on financial behaviour. A model is developed to solve research gaps regarding the relationship between financial knowledge and financial behaviour, which has been inconsistent and weak. The number of respondents is 314 micro businesses and the data analysis method used is structural equation method. The finding of this study is that pro-growth mental accounting has a greater effect than financial self-efficacy on financial behaviour. The pro-growth mental accounting mindset makes micro businesses manage their finances more carefully. Another finding is that pro-growth mental accounting encourages the creation of reserve funds while increasing the chances of achieving its financial goals. Micro businesses whose financial management is simple have a greater chance of having financial resilience in the future. Journal: Int. J. of Economics and Business Research Pages: 135-152 Issue: 2 Volume: 28 Year: 2024 Keywords: pro-growth mental accounting; financial knowledge; financial behaviour; financial self-efficacy; micro business. File-URL: http://www.inderscience.com/link.php?id=140805 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:2:p:135-152 Template-Type: ReDIF-Article 1.0 Author-Name: Gourav Bathla Author-X-Name-First: Gourav Author-X-Name-Last: Bathla Author-Name: Sunil Gupta Author-X-Name-First: Sunil Author-X-Name-Last: Gupta Title: FinBERT and LSTM-based novel model for stock price prediction using technical indicators and financial news Abstract: Stock price movement is highly nonlinear, volatile, and complex. Traditional machine learning techniques are employed by researchers for stock price prediction, but due to shallow architecture, adequate accuracy is not achieved. In this paper, recently introduced bidirectional encoder representations from transformers (BERT) and long short-term memory (LSTM) hybrid model is utilised for stock price prediction. BERT model is used for financial news sentiment analysis. The sentiment score is merged with technical indicators of stock prices. In our approach, FinBERT is used which is specifically trained on financial corpus. Stock market prices were highly fluctuated in March 2020 due to lockdown. Thus, it is essential to predict high variation which existing works have not experienced due to lack of availability of highly fluctuated dataset. In our approach, the effect of financial news on stock indexes is analysed. Experiment analysis validates that our proposed approach outperforms existing approaches significantly. Journal: Int. J. of Economics and Business Research Pages: 1-16 Issue: 1 Volume: 28 Year: 2024 Keywords: financial market; stock market; deep learning; data analytics; BERT; long short-term memory; LSTM; MAPE. File-URL: http://www.inderscience.com/link.php?id=139286 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:1:p:1-16 Template-Type: ReDIF-Article 1.0 Author-Name: Udin Udin Author-X-Name-First: Udin Author-X-Name-Last: Udin Title: Leadership styles and innovative work behaviour: the role of work engagement Abstract: Organisations face many challenges that should be met to accomplish a competitive advantage. Hence, this study's fundamental purpose is to test the leadership styles' effect (i.e., transactional and transformational) on innovative work behaviour by examining the work engagement's role in the stone milling companies located in Central Java - Indonesia. The questionnaire targeting 200 respondents resulted in 107 appropriate questionnaires with a response rate of 53.5%. To test the proposed research hypothesis, a structural equation model based on SmartPLS 3.0 was utilised. The results showed that transactional and transformational leadership positively and significantly affected innovative work behaviour and work engagement. In addition, this finding also reinforces the argument offered that work engagement plays as a mediator in the association between transactional and transformational leadership on innovative work behaviour. Journal: Int. J. of Economics and Business Research Pages: 65-81 Issue: 1 Volume: 28 Year: 2024 Keywords: leadership styles; work engagement; innovative work behaviour. File-URL: http://www.inderscience.com/link.php?id=139287 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:1:p:65-81 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: A hypothesis on rationalising decisions by constructing personal realities Abstract: In this paper, we propose a hypothetical model to show how people construct their realities, and how they subjectively rationalise their decisions and actions. We hypothesise that when making individual decisions, what matters is the reality as perceived by individual decision makers, regardless of the objective or subjective approach to reality. The paper attempts to study the link between perceived reality (subjective reality), and how people rationalise their decisions and actions. The paper sheds light on how people know what they know, and how that might affect their sense of rationality when making decisions. The paper explains that people come across knowledge in a daily basis, and that they decide to accept, reject, or adjust that knowledge, using their subjective validation process that is guided by their experiences, biases, and beliefs. Journal: Int. J. of Economics and Business Research Pages: 120-134 Issue: 1 Volume: 28 Year: 2024 Keywords: perceived reality; subjective validation; construction of personal reality. File-URL: http://www.inderscience.com/link.php?id=139288 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:1:p:120-134 Template-Type: ReDIF-Article 1.0 Author-Name: Anand Pandey Author-X-Name-First: Anand Author-X-Name-Last: Pandey Author-Name: R. Murugesan Author-X-Name-First: R. Author-X-Name-Last: Murugesan Title: A universal financial inclusion index covering banking, insurance and pension services in India Abstract: To create a universal social security system for all Indians, especially the poor and the under-privileged, three social security schemes namely, Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Yojana, and Atal Pension Yojana were initiated by the Government of India in 2015. In the paper, a new universal financial inclusion index (FIU) covering banking, insurance, and pension parameters in India are developed. Given that all parameters used in financial inclusion index have separate units, all parameters are normalised using the min-max method of normalisation. The Euclidean distance method is used to assess the distance between any two points in an n-dimensional space. FIU is compared to the financial inclusion index covering banking parameters only. The FIU is a multi-dimensional index that captures values of various banking, insurance, and pension dimensions on the scale of 0 to 1, where 0 indicates complete financial exclusion and 1 indicates complete financial inclusion. Journal: Int. J. of Economics and Business Research Pages: 28-43 Issue: 1 Volume: 28 Year: 2024 Keywords: universal financial inclusion; PMJDY; PMJJBY; PMSBY; APY; multi-dimensional index. File-URL: http://www.inderscience.com/link.php?id=139289 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:1:p:28-43 Template-Type: ReDIF-Article 1.0 Author-Name: Wen-Shin Lin Author-X-Name-First: Wen-Shin Author-X-Name-Last: Lin Author-Name: Yi-Ting Tseng Author-X-Name-First: Yi-Ting Author-X-Name-Last: Tseng Author-Name: Tzong-Ru Lee Author-X-Name-First: Tzong-Ru Author-X-Name-Last: Lee Title: Constructing the agriculture purchasing managers' index in the Taiwan rice industry Abstract: This study takes the concept of purchasing managers' index (PMI) into consideration to construct agriculture purchasing managers' index (APMI) in the rice industry. The purpose is to provide comprehensive and objective investment reference and economic conditions for the agriculture business and the government to make the decision. This study takes an important crop in Taiwan, the rice industry in 2016 as the case study. The data from the council of agriculture (COA) and agriculture and food agency is used to construct the APMI and formula using principal component analysis (PCA). The results indicated that the result of APMI using PCA with four variables (productivity, price of paddy, planted area, and export quantity) has the highest correlated coefficient (r = 0.94) with revenue. The higher the correlated coefficient, the better the ability to use APMI to demonstrate the economic status of the industry. In conclusion, constructing the APMI formula using PCA could provide suitable investment months in the rice industry. Journal: Int. J. of Economics and Business Research Pages: 238-251 Issue: 2 Volume: 28 Year: 2024 Keywords: purchasing managers' index; PMI; principal component analysis; PCA; diffusion index; agriculture business. File-URL: http://www.inderscience.com/link.php?id=140825 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:2:p:238-251 Template-Type: ReDIF-Article 1.0 Author-Name: Houda Ben Mabrouk Author-X-Name-First: Houda Ben Author-X-Name-Last: Mabrouk Author-Name: Imen Ben Khalifa Author-X-Name-First: Imen Ben Author-X-Name-Last: Khalifa Title: Asymmetric volatility spillovers between Bitcoin, oil and precious metals Abstract: This paper examines the asymmetric spillovers between Bitcoin, oil and four precious metals (silver, gold, platinum and palladium) on daily returns from 18 August 2011 to 2 October 2019. Using a modified version of the Dieblod and Yilmaz (2012, 2014) index and a similar approach to Baruník (2017), our results indicate slight volatility spillovers between the whole systems. Moreover, the results show that gold is the most influential market since it shifts the highest proportion of volatility. Furthermore, we find that oil, Bitcoin and platinum can serve as a hedge and a diversifier as they are neutral in terms of spillovers. Moreover, we find evidence of asymmetric volatility spillovers since good spillovers dominate bad one, which proves the optimistic mood of the whole system. More interestingly, our results shed light on the ability of Bitcoin, the digital gold, to serve as a hedge and diversifier in both good and bad innovations. Journal: Int. J. of Economics and Business Research Pages: 44-64 Issue: 1 Volume: 28 Year: 2024 Keywords: volatility spillovers; asymmetric volatility; spillovers; Bitcoin; oil; precious metals; good innovations; bad innovations. File-URL: http://www.inderscience.com/link.php?id=139290 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:1:p:44-64 Template-Type: ReDIF-Article 1.0 Author-Name: Muhammad Ikhlas Rosele Author-X-Name-First: Muhammad Ikhlas Author-X-Name-Last: Rosele Author-Name: Abdul Muneem Author-X-Name-First: Abdul Author-X-Name-Last: Muneem Author-Name: Abdul Karim Bin Ali Author-X-Name-First: Abdul Karim Bin Author-X-Name-Last: Ali Author-Name: Noor Naemah Binti Abdul Rahman Author-X-Name-First: Noor Naemah Binti Abdul Author-X-Name-Last: Rahman Author-Name: Nor Fahimah Binti Mohd Razif Author-X-Name-First: Nor Fahimah Binti Mohd Author-X-Name-Last: Razif Title: Revival of the waqf-based takaful model in Malaysia: issues and the way forward Abstract: This study finds that the waqf-based takaful model ought to be implemented in Malaysia to eliminate some issues related to the current practice of <i>tabarru</i>ʿ (donation), <i>wakālah;</i> (agency), and <i>muḍārabah</i> (profit-and-loss sharing) within the takaful system. There are, however, legal issues, related to waqf-based takaful that should be solved through a proper and comprehensive waqf (endowment) act by the authority. Otherwise, a subsidiary of the State Islamic Religious Council may act as a takaful operator providing waqf-based takaful services. Above all, the takaful operator is required to establish a Sharīʿah-compliant mechanism for managing the fund while strictly avoiding the risk of losing the capital of the waqf fund and providing the takaful services as needed by the participants. Nevertheless, some constraints and challenges for the implementation of the waqf model in Malaysia may remain, and such constraints should be addressed by all parties involved in order to make this takaful model a reality in Malaysia. Journal: Int. J. of Economics and Business Research Pages: 82-101 Issue: 1 Volume: 28 Year: 2024 Keywords: takaful; takaful model; waqf; cash waqf; tabarruʿ; Malaysia. File-URL: http://www.inderscience.com/link.php?id=139291 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:1:p:82-101 Template-Type: ReDIF-Article 1.0 Author-Name: Indu Uprety Author-X-Name-First: Indu Author-X-Name-Last: Uprety Title: Productivity improvement in the stitching process: a Six Sigma case study of the footwear industry Abstract: This paper introduces the concept of Six Sigma in the footwear industry. Various Six Sigma tools and techniques have been applied for measuring and analysing the reasons for defects in the shoe-making process. DMAIC was applied in the footwear manufacturing industry and sigma level observed was 3.77. The efforts have been made to reduce the defects and improve the sigma level with the help of Six Sigma DMAIC methodology. However, further improvements in the process are subject to following the various control measures suggested in the paper. With the help of general factorial design and Taguchi's experiments, the key influence factors of the optimal combination for cooling time, temperature, viscosity have been obtained to analyse their effect on adhesive strength of the material used in the shoe-making process. Key techniques used in the analysis are Pareto analysis, cause and effect diagram, nested ANOVA, Duncan's test and Taguchi's design of experiments (DoE). Journal: Int. J. of Economics and Business Research Pages: 102-119 Issue: 1 Volume: 28 Year: 2024 Keywords: DMAIC; process improvement; Six Sigma; Pareto analysis; Duncan's test; nested ANOVA; Taguchi's design of experiments; design of experiments; DoEs. File-URL: http://www.inderscience.com/link.php?id=139292 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:1:p:102-119 Template-Type: ReDIF-Article 1.0 Author-Name: Della Hilia Anriva Author-X-Name-First: Della Hilia Author-X-Name-Last: Anriva Author-Name: Hamidah Author-X-Name-First: Author-X-Name-Last: Hamidah Title: Exploring publication trends in accounting information systems and identifying research positions in Indonesia: a bibliometric analysis Abstract: Accounting information systems have become an increasingly important topic in business practice and academic research. This research uses a bibliometric analysis approach with data sources from the Scopus database to provide an in-depth understanding of AIS developments globally. Findings show that the USA significantly contributes to the volume of AIS research, reflecting its abundant research resources and central role in global AIS development. Indonesia also has a significant contribution to this research, reflecting increasing interest and awareness of the critical role of AIS in facing increasingly complex business challenges. In addition, topics such as technology acceptance models, artificial intelligence, big data, information use, and small and medium enterprises still require further exploration, offering opportunities for continued research. The position of research in Indonesia is becoming increasingly important because of the potential to contribute to developing discussions about AIS, especially in topics that have yet to be fully exposed globally. Journal: Int. J. of Economics and Business Research Pages: 29-44 Issue: 5 Volume: 27 Year: 2024 Keywords: accounting information systems; IAS; technology acceptance model; TAM; accounting studies; financial information; accounting literature. File-URL: http://www.inderscience.com/link.php?id=139806 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijecbr:v:27:y:2024:i:5:p:29-44 Template-Type: ReDIF-Article 1.0 Author-Name: Fivi Rahmatus Sofiyah Author-X-Name-First: Fivi Rahmatus Author-X-Name-Last: Sofiyah Author-Name: Ami Dilham Author-X-Name-First: Ami Author-X-Name-Last: Dilham Author-Name: Arif Qaedi Hutagalung Author-X-Name-First: Arif Qaedi Author-X-Name-Last: Hutagalung Author-Name: Yulinda Yulinda Author-X-Name-First: Yulinda Author-X-Name-Last: Yulinda Author-Name: Andrew Satria Lubis Author-X-Name-First: Andrew Satria Author-X-Name-Last: Lubis Author-Name: Jonathan Liviera Marpaung Author-X-Name-First: Jonathan Liviera Author-X-Name-Last: Marpaung Title: The chatbot artificial intelligence as the alternative customer services strategic to improve the customer relationship management in real-time responses Abstract: One of the primary problems in managing customer relationships is the limited comprehension of the client, requiring a comprehensive awareness of their traits and demands. Increasing the quality of customer service necessitates the implementation of transformative and innovative measures. The implementation of a WhatsApp-based artificial intelligence chatbot in academic services has the potential to increase efficiency and service quality. This is primarily attributed to the user-friendly nature of the platform and its integration with customer management systems. The study surveyed 400 students from various Universitas Sumatera Utara, representing eight different academic programs. The study employed a mixed-method approach to assess customer satisfaction resulting from the implementation of chatbots in academic file management. The analysis involved the use of partial questionnaire analysis using Smart PLS 4.0. The offering of consistent and accurate responses to inquiries and requests from clients and internal users will be ensured through the consistent delivery of services in implementing the AI chatbot. The findings indicated an 83.8% likelihood of customer pleasure, accompanied by a 75.3% likelihood of customer loyalty. The findings of the study provided empirical evidence that the chatbot's capacity to reduce service time significantly influenced the level of customer satisfaction. Journal: Int. J. of Economics and Business Research Pages: 45-58 Issue: 5 Volume: 27 Year: 2024 Keywords: chatbot; artificial intelligence; AI; modelling; virtual assistant; customer relationship management; CRM. File-URL: http://www.inderscience.com/link.php?id=139810 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijecbr:v:27:y:2024:i:5:p:45-58 Template-Type: ReDIF-Article 1.0 Author-Name: Daniela Ludin Author-X-Name-First: Daniela Author-X-Name-Last: Ludin Author-Name: Markus Holler Author-X-Name-First: Markus Author-X-Name-Last: Holler Author-Name: Erika Mueller Author-X-Name-First: Erika Author-X-Name-Last: Mueller Author-Name: Wanja Wellbrock Author-X-Name-First: Wanja Author-X-Name-Last: Wellbrock Title: Challenges of person-organisation fit in (post)pandemic times: a comparative study in the service sector under the aspect of digitisation and alienation Abstract: This study looks at organisational adjustments in the service sector induced through the COVID-19 pandemic. It uses the perspective of alienation triggered by digital transformation and the impact on workplace interaction and person-organisation fit. Core element is a survey of German hairdressing and floristry businesses. Descriptive statistical methods, multinomial logistic regression analysis and qualitative content analysis are used for evaluation. Only a few pre-pandemic and post-pandemic studies of the hairdressing/floriculture sector consider 'person-organisation fit' and 'alienation'. This study tries to contribute to this research stream. Findings show that the COVID-19 pandemic has a direct impact on the performance of an organisation and its employees. Pandemic-driven digitisation was accompanied by positive and negative effects on cooperation within the company. It is crucial to stimulate new thoughts and approaches in the organisation and to emphasise digital transformation as a necessary step. Analogue and digital processes must be brought closer together. Journal: Int. J. of Economics and Business Research Pages: 1-28 Issue: 5 Volume: 27 Year: 2024 Keywords: person-organisation fit; digitisation; alienation; service sector; hair salons; flower shops. File-URL: http://www.inderscience.com/link.php?id=139813 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijecbr:v:27:y:2024:i:5:p:1-28 Template-Type: ReDIF-Article 1.0 Author-Name: Bilge Eriş Dereli Author-X-Name-First: Bilge Eriş Author-X-Name-Last: Dereli Title: The returns to field of study in the Turkish labour market: a pseudo-panel approach Abstract: This study employs a pseudo-panel fixed-effects approach to estimate the returns to field of study in Turkey. Repeated cross sections of Turkish Labor Force Surveys between 2016-2019 are used. Year of birth and region are used as grouping variables. The results indicate significant earnings differences the across field of study when cohort-fixed effects are controlled. Relative to the base field, education sciences, there are higher returns to environmental sciences and mathematics and statistics and engineering and manufacturing and architecture and health and welfare. On the other hand, there are lower returns to social sciences and journalism. The earnings differences are insignificant for the fields art and humanities and languages and business administration and law and agriculture and veterinary. These findings are important both for an individual's subject choice at university and education policies targeting to allocate resources more effectively to tertiary education. Journal: Int. J. of Economics and Business Research Pages: 256-268 Issue: 2 Volume: 27 Year: 2024 Keywords: returns to college major; pseudo-panel; Turkey. File-URL: http://www.inderscience.com/link.php?id=136491 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:2:p:256-268 Template-Type: ReDIF-Article 1.0 Author-Name: Minwir M. Al-Shammari Author-X-Name-First: Minwir M. Author-X-Name-Last: Al-Shammari Author-Name: Mohamed Sayed Abou Elseoud Author-X-Name-First: Mohamed Sayed Abou Author-X-Name-Last: Elseoud Title: Data envelopment analysis for decision-making units: a comparison of the relative efficiency of banks in the Kingdom of Bahrain Abstract: The study aims to measure and compare the relative efficiency of conventional retail and Islamic banks in the Kingdom of Bahrain over the period 2017-2019. The study adopts the input input-oriented CCR and BCC models of data envelopment analysis to compute both the aggregate efficiency scores of each banks group and the efficiency score of each bank. The sample of banks includes six conventional banks and six Islamic banks. At the same time, the selected inputs are total deposits, fixed assets, and owner's equity, whereas outputs are credits facilities, total operating income, and net profit. The main findings show that both banks' groups are efficient during the study period. At the level of individual banks, the conventional retail banks are more efficient than the IRBs in 2017 and 2019, while there are no significant differences between the efficiency in 2018. Finally, the study identified input and output slacks of inefficient banks, and it suggested the efficient input and output targets for improvements. Journal: Int. J. of Economics and Business Research Pages: 216-235 Issue: 2 Volume: 27 Year: 2024 Keywords: Islamic banks; conventional banks; data envelopment analysis; DEA; CCR; BBC; relative efficiency; comparative efficiency; Bahrain. File-URL: http://www.inderscience.com/link.php?id=136492 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:2:p:216-235 Template-Type: ReDIF-Article 1.0 Author-Name: Alla B. Meshcheryakova Author-X-Name-First: Alla B. Author-X-Name-Last: Meshcheryakova Author-Name: Tatiana A. Sapunova Author-X-Name-First: Tatiana A. Author-X-Name-Last: Sapunova Author-Name: Andrey V. Sapunov Author-X-Name-First: Andrey V. Author-X-Name-Last: Sapunov Author-Name: Samvel S. Malkhasyan Author-X-Name-First: Samvel S. Author-X-Name-Last: Malkhasyan Author-Name: Elina R. Rafikova Author-X-Name-First: Elina R. Author-X-Name-Last: Rafikova Title: Economic determinants of the crisis phenomena in modern Russia: an endogenous and exogenous approach Abstract: The research is aimed at identifying the economic determinants of the crisis phenomena of modern Russia in terms of endogenous and exogenous approaches. The authors proved that at each stage of the development of society, the economic crisis acquires unique properties that are characteristic of this particular period of time and the established social way of society life, the political regime and state administration. The authors confirmed three research hypotheses: 1) infrastructure and price fluctuations in the most important sectors of the economy can lead to crisis consequences regardless of the dynamics of changes; 2) the current economic situation in Russia has all the signs of an overproduction crisis; 3) the development of foreign trade under the influence of pandemic and epidemiological risks is a determining factor that strengthens the crisis trends in the Russian economy. Journal: Int. J. of Economics and Business Research Pages: 175-198 Issue: 2 Volume: 27 Year: 2024 Keywords: economic crisis; causes of the crisis; overproduction; endogenous approach; exogenous approach; Russia. File-URL: http://www.inderscience.com/link.php?id=136493 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:2:p:175-198 Template-Type: ReDIF-Article 1.0 Author-Name: Xuan Quyet Pham Author-X-Name-First: Xuan Quyet Author-X-Name-Last: Pham Author-Name: Viet Tien Ho Author-X-Name-First: Viet Tien Author-X-Name-Last: Ho Title: Genders and sexual harassment: the perceptions of Vietnamese employees via a sexual experience questionnaire Abstract: Sexual harassment is a hidden problem of any workplace, not only in Vietnam but also worldwide. Sexual harassment commonly happens in the service industry since the employees frequently contact different guests or partners. Understanding sexual harassment and the levels of perceptions in different genders in the service industry will help to justify the solutions for upcoming problems. Using the sexual experience questionnaire of 390 respondents in Vietnam, the article reveals that females more significantly perceive sexual harassment than males in terms of gender harassment and sexual coercion. In contrast, both genders generally tolerate unwanted sexual attention. The results support the previous research in the same area since females are still the primary victims of sexual harassment at work. The recommendations help each company focus more on the employees to prevent any negative impacts from sexual harassment and purify the entire service workspace. Journal: Int. J. of Economics and Business Research Pages: 236-255 Issue: 2 Volume: 27 Year: 2024 Keywords: sexual harassment; genders; Vietnamese employees; sexual experience questionnaire; SEQ. File-URL: http://www.inderscience.com/link.php?id=136494 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:2:p:236-255 Template-Type: ReDIF-Article 1.0 Author-Name: Walter Morales Author-X-Name-First: Walter Author-X-Name-Last: Morales Author-Name: Javier Barbero Author-X-Name-First: Javier Author-X-Name-Last: Barbero Author-Name: Fernando Ubeda Author-X-Name-First: Fernando Author-X-Name-Last: Ubeda Title: Reforms and political instability in attracting foreign direct investment: a simultaneous equations approach Abstract: The present work aims to identify the elements that condition the attraction of foreign direct investment (FDI) to Latin America, a region that has achieved heterogeneous results under different reforms to improve its economic growth but that has not been exempt from political instability. In this regard, we first estimate this phenomenon through a probit model as a latent variable and then estimate a simultaneous equation model to describe the relationship between FDI, economic growth and political instability, addressing the problems of endogeneity and reverse causality, which are common in these dynamics. The procedure used also allows us to correct the problems related to heteroskedasticity and autocorrelation. The results show that FDI is conditioned by political instability and the latter by the reforms and their momentum. In addition, a favourable institutional framework of freedom and economic growth complements the attraction of FDI. Journal: Int. J. of Economics and Business Research Pages: 199-215 Issue: 2 Volume: 27 Year: 2024 Keywords: simultaneous equations; political instability; foreign direct investment; FDI; reforms and economic growth. File-URL: http://www.inderscience.com/link.php?id=136495 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:2:p:199-215 Template-Type: ReDIF-Article 1.0 Author-Name: Renuka Sharma Author-X-Name-First: Renuka Author-X-Name-Last: Sharma Author-Name: Kiran Mehta Author-X-Name-First: Kiran Author-X-Name-Last: Mehta Title: Credit risk and bank specific factors: an empirical study using panel GMM Abstract: The issue raised in the current research has significant implications for the banking sector. Banks across the world are highly exposed to credit risk. The current situation of the banking sector in all major markets and the recent financial crisis of 2008 intensified the concern of economists to improve the credit risk management policies of banks. The increasing default rate in corporate loan portfolios and consumer loan portfolios increase the non-performing assets, which can lead to the banking crisis. The current study has explored the extant literature to identify the bank-specific factors affecting the credit risk of banks. The study under consideration is based on secondary data and has applied dynamic panel GMM regression to examine the impact of bank-specific factors on credit risk on Indian banks. The results thus obtained are useful for managers responsible for controlling the credit risk of bank, regulators, policymakers and researchers. Journal: Int. J. of Economics and Business Research Pages: 294-309 Issue: 2 Volume: 27 Year: 2024 Keywords: credit risk; bank-specific factors; dynamic panel GMM regression; Indian bank. File-URL: http://www.inderscience.com/link.php?id=136496 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:2:p:294-309 Template-Type: ReDIF-Article 1.0 Author-Name: Mei Kei Leong Author-X-Name-First: Mei Kei Author-X-Name-Last: Leong Author-Name: Kamelia Chaichi Author-X-Name-First: Kamelia Author-X-Name-Last: Chaichi Title: A novel approach to consumer loyalty: a case study of hospitality service organisations among generations X and Y Abstract: Consumer loyalty is considered to be one of the significant factors that affect market growth and consumer behaviour. Regardless of the numerous studies on customer loyalty, the authors found no empirical study that elaborates on the importance of customer loyalty across generations. The majority of previous studies have proposed customer engagement and customer involvement as one construct in predicting customer loyalty. Thus, the current research tries to fill this gap in the literature by proposing a new model of customer loyalty blends multidimensional consumer involvement as predictors, multidimensional consumer online engagement as a mediator, and finally the moderating role of different generations (X and Y) in the hospitality services context. Present research collected (N = 390) data from Malaysia hospitality service organisations and the data were analysed using structural equation modelling. The results approve all the direct relationships as well as the moderating effect of generation generations X and Y. Moreover, the results confirm the mediating role of consumer online engagement among consumer involvement dimensions and consumer loyalty. The current study highlights significant implications to facilitate and increase consumer loyalty in the hospitality services context, especially in the airline, and hotel industries. Journal: Int. J. of Economics and Business Research Pages: 269-293 Issue: 2 Volume: 27 Year: 2024 Keywords: consumer loyalty; consumer involvement; consumer online engagement; airlines; hotels; hospitality industry. File-URL: http://www.inderscience.com/link.php?id=136497 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:2:p:269-293 Template-Type: ReDIF-Article 1.0 Author-Name: Viral Bhatt Author-X-Name-First: Viral Author-X-Name-Last: Bhatt Author-Name: Sujo Thomas Author-X-Name-First: Sujo Author-X-Name-Last: Thomas Author-Name: Dhruti Chauhan Author-X-Name-First: Dhruti Author-X-Name-Last: Chauhan Author-Name: Ritesh Patel Author-X-Name-First: Ritesh Author-X-Name-Last: Patel Title: Investigating the impact of organisation culture, personal-job fit and employee engagement on turnover intention: an assessment of the IT sector from an emerging market perspective Abstract: This study investigates the influence of organisation culture (OC) and personal-job fit (PF) on employee engagement (EE) and its resultant impact on turnover intention (TI) in the lower and middle level employees of information technology (IT) sector. This study was undertaken due to the paucity of literature with respect to TI in the public domain, especially related to the IT sector from an emerging market perspective. The results indicate that OC and PF are positively associated with employee engagement (EE) but EE negatively affects TI. This research further demonstrated the mediating role of EE, such that the higher level of OC and higher PF led to high EE and subsequently, resulted in lower TI. The findings of this study offers practical insights to HR professionals' associated with the IT sector, to effectively design engagement and retention strategies. Additionally, it assists HR managers in the IT sector to design long-term strategies by acknowledging the vital role of EE and its key influence on TI. Journal: Int. J. of Economics and Business Research Pages: 310-323 Issue: 2 Volume: 27 Year: 2024 Keywords: organisation culture; personal-job fit; employee engagement; turnover intention; IT sector; India. File-URL: http://www.inderscience.com/link.php?id=136498 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:2:p:310-323 Template-Type: ReDIF-Article 1.0 Author-Name: Ghaleb A. El-Refae Author-X-Name-First: Ghaleb A. Author-X-Name-Last: El-Refae Author-Name: Abdelhafid Belarbi Author-X-Name-First: Abdelhafid Author-X-Name-Last: Belarbi Title: Academic institutional merger: an emerging UAE experience Abstract: The mounting pressures of internationalising higher education, the quest for recognition from international accreditation bodies, the drive for higher global academic rankings, and the rising prevalence of distance learning and remote work collectively appear to foster a new wave of university mergers. In response to these dynamics, the United Arab Emirates initiated a significant merger in 2017, consolidating three prominent academic institutions to form Khalifa University: the Masdar Institute of Science and Technology, the Petroleum Institute, and the Khalifa University of Science, Technology, and Research. This strategic merger seeks to integrate multidisciplinary research and education in engineering, energy, and renewable resources. This paper aims to critically evaluate this strategic merger, as each constituent institution possesses distinct missions, goals, and challenges, thereby marking a notable institutional transition. Journal: Int. J. of Economics and Business Research Pages: 17-27 Issue: 1 Volume: 28 Year: 2024 Keywords: internationalisation; higher education; university merger; change management; quality education. File-URL: http://www.inderscience.com/link.php?id=139315 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:1:p:17-27 Template-Type: ReDIF-Article 1.0 Author-Name: Xia Feng Author-X-Name-First: Xia Author-X-Name-Last: Feng Author-Name: Sze-Ting Chen Author-X-Name-First: Sze-Ting Author-X-Name-Last: Chen Title: Nirvana rebirth, the impact of dynamic absorptive capacity and resource bricolage on dual innovation, and on the interference of improvisation Abstract: Innovation has always been regarded as an important factor for enterprises to maintain competitive advantage. The purpose of this study is to explore which organisational capabilities of enterprises support the innovative enterprises. This paper uses structural equation model to study 597 Chinese high-tech enterprises. The results show that dynamic absorptive capacity is positively correlated with dual innovation; resource bricolage partially mediates the relationship between dynamic absorptive capacity and dual innovation; improvisation interferes with resource bricolage and dual innovation. In view of the importance of dynamic absorptive capacity and resource bricolage, high-tech enterprises not only need to fully utilise dynamic absorption capacity, but also fully utilise idle and minimum resources to solve the resource shortage problem of innovative enterprises and respond to market demand. In addition, this study extends the theories of dynamic absorptive capacity, resource patchwork, and dual innovation to further extend the theory of improvisation. Journal: Int. J. of Economics and Business Research Pages: 324-349 Issue: 2 Volume: 27 Year: 2024 Keywords: dynamic absorptive capacity; dual innovation; resource bricolage; improvisation. File-URL: http://www.inderscience.com/link.php?id=136534 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijecbr:v:27:y:2024:i:2:p:324-349 Template-Type: ReDIF-Article 1.0 Author-Name: Virender Singh Author-X-Name-First: Virender Author-X-Name-Last: Singh Author-Name: G.C. Maheshwari Author-X-Name-First: G.C. Author-X-Name-Last: Maheshwari Author-Name: Rajan Yadav Author-X-Name-First: Rajan Author-X-Name-Last: Yadav Title: Effect of deal size on M&A outcome on HR parameters: an empirical analysis Abstract: Mergers and acquisitions (M&A) are critical to achieving growth in intense globalisation for healthy and inorganic expansion of business firms. However, a relatively large number of M&A fail or can achieve suboptimal results. Previous studies that have attempted to analyse failed cases of M&A have focused on financial or strategy perspectives, thus not being able to explain the causes of failure. This accentuates the need to shift the focus to more qualitative human aspects that drive the social-cultural adjustment process in M&A. Our analysis of the impact of size on M&A (HR) outcomes shows a significant influence on the deal size. The content analysis and regression results of 48 cases show that large firms are able to better integrate, though the outcome varies across acquirer country-developed and developing. Tranching and deal size customisation can be strategic for optimal M&A HR outcomes. Journal: Int. J. of Economics and Business Research Pages: 404-433 Issue: 3 Volume: 27 Year: 2024 Keywords: merger and acquisition; size; takeover; synergy; satisfaction; human integration; affective commitment; culture; achievement; change management and turnover. File-URL: http://www.inderscience.com/link.php?id=138070 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:3:p:404-433 Template-Type: ReDIF-Article 1.0 Author-Name: Rexford Abaidoo Author-X-Name-First: Rexford Author-X-Name-Last: Abaidoo Author-Name: Elvis Kwame Agyapong Author-X-Name-First: Elvis Kwame Author-X-Name-Last: Agyapong Title: Financial development and banking industry stability Abstract: The banking industry plays an important role in the development of economies globally. This study examines the importance of the banking industry to the development of the financial system in Sub-Saharan Africa (SSA) by specifically verifying the effect of four bank stability variables on development of the entire financial system. Data for the study were compiled from 19 countries in the sub-region from 2001 to 2018; and the empirical estimates performed using the Prais-Winston panel corrected standard errors (PW-PCSE) estimation technique. The results suggest that bank liquid reserves and bank Z-score have significant positive effect on financial development. Growth in non-performing loans on the other hand is found to be inimical to the development of the financial sector all things being equal. The results further show that inflation uncertainty has significant positive moderating influence on bank liquid reserves - financial development and non-performing loans - financial development nexuses. Journal: Int. J. of Economics and Business Research Pages: 351-373 Issue: 3 Volume: 27 Year: 2024 Keywords: financial development; banking industry stability; Prais-Winston panel corrected standard errors; PW-PCSE; governance quality; inflation uncertainty. File-URL: http://www.inderscience.com/link.php?id=138071 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:3:p:351-373 Template-Type: ReDIF-Article 1.0 Author-Name: Mumtaz Ali Author-X-Name-First: Mumtaz Author-X-Name-Last: Ali Author-Name: Mehdi Seraj Author-X-Name-First: Mehdi Author-X-Name-Last: Seraj Author-Name: Huseyin Ozdeser Author-X-Name-First: Huseyin Author-X-Name-Last: Ozdeser Title: The antecedents to efficient working capital management: evidence from the Turkish manufacturing sector Abstract: The purpose of this paper is to empirically analyse the influence of endogenous and exogenous factors on efficient working capital management (EWCM) of the Turkish manufacturing sector and analyse the impact of components of cash conversion cycle (CCC) on the performance, i.e., return on assets (ROA). Two-step generalised moment method (GMM) is used to extract the results using penal data of 133 firms in the manufacturing sector listed on Borsa Istanbul Turkey, consisting seven industries for the time period of eight years from 2012 to 2019. Results evidenced significant influence of endogenous (firm size, profitability, leverage, cash flow ratio) on CCC for manufacturing sector, while industry results are mixed. In addition, results of components of CCC and performance are significant. The sample has been taken from Turkey, and the results are generalisable in the emerged economy only. Therefore, comparative analysis of emerged and emerging economy can be done in future. Journal: Int. J. of Economics and Business Research Pages: 374-403 Issue: 3 Volume: 27 Year: 2024 Keywords: working capital management; WCM; generalised moment method; GMM; manufacturing sector; Turkey. File-URL: http://www.inderscience.com/link.php?id=138072 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:3:p:374-403 Template-Type: ReDIF-Article 1.0 Author-Name: Panagiotis Charalampakis Author-X-Name-First: Panagiotis Author-X-Name-Last: Charalampakis Author-Name: Antonios Georgopoulos Author-X-Name-First: Antonios Author-X-Name-Last: Georgopoulos Author-Name: Ilias Makris Author-X-Name-First: Ilias Author-X-Name-Last: Makris Author-Name: George Mavridoglou Author-X-Name-First: George Author-X-Name-Last: Mavridoglou Author-Name: Stavros Stavroyiannis Author-X-Name-First: Stavros Author-X-Name-Last: Stavroyiannis Title: The performance of Italian and French listed companies during the financial crisis period 2008-2017 Abstract: The purpose of this research is to evaluate the French and Italian publicly listed companies' performance, analysing data from 322 and 68 companies respectively, during the recessionary period 2008-2017. The proposed methodology utilises variable-reduction principal component analysis (PCA) firstly and then panel data analysis. PCA aims to reduce a more extensive set of indicators, to a smaller set of principal components that account for most of the original variables' variance. The initial data refer to a time-series of 14 financial indicators, collected from world scope database. Four new components arose, and were analysed using a panel data model for the decade 2008-2017. The research contributes to the existing literature as it studies the effect of the combination of three specific components (market, debt, internationalisation) on the performance of companies and extends the study to France and Italy, two of the largest economies in Eurozone. Journal: Int. J. of Economics and Business Research Pages: 472-488 Issue: 3 Volume: 27 Year: 2024 Keywords: financial performance; listed companies; France; Italy; principal component analysis; PCA; panel data analysis. File-URL: http://www.inderscience.com/link.php?id=138073 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:3:p:472-488 Template-Type: ReDIF-Article 1.0 Author-Name: Lisa-Julie Woo Author-X-Name-First: Lisa-Julie Author-X-Name-Last: Woo Author-Name: Augustin Suessmair Author-X-Name-First: Augustin Author-X-Name-Last: Suessmair Title: Purchase intention and attitude towards advertisements on Instagram: an empirical study using Instagram Stories Abstract: Since regulations require paid promotions to be disclosed, consumer awareness of advertisements has changed. That requires more focus on assessing influencing factors when it comes to evaluating the effectiveness of an advertisement. This empirical study investigates the effectiveness of advertisements based on the type of influencer and product illustration on an Instagram Story. An experimental design with a total of 308 participants is used to examine consumer attitudes toward advertisements and purchase intention. In addition, the mediating role of source credibility is investigated. The findings show that a product, advertised in a context-based setting on an Instagram Story, has a positive effect on consumer attitude towards the advertisement and their purchase intention. There is no significant effect in the use of a micro-influencer compared to a macro-influencer. In terms of advertisement effectiveness, source credibility can be identified as a mediator for positive consumer responses. Journal: Int. J. of Economics and Business Research Pages: 434-471 Issue: 3 Volume: 27 Year: 2024 Keywords: influencer marketing; Instagram Story; influencer type; product illustration; advertising. File-URL: http://www.inderscience.com/link.php?id=138074 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:3:p:434-471 Template-Type: ReDIF-Article 1.0 Author-Name: Le Phuong Lan Author-X-Name-First: Le Phuong Author-X-Name-Last: Lan Author-Name: Nguyen Quynh Anh Author-X-Name-First: Nguyen Quynh Author-X-Name-Last: Anh Title: Impacts of macroeconomic factors on the real estate bubble in Vietnam's big cities with industrial zones Abstract: The real estate market is an important part of every economy, but if it grows unreasonably, a real estate bubble may form and lead to consequences for the whole economy. Currently, the real estate market in Vietnam is still in the early stage and operates in a way quite different from the world market and has not kept up with the development of that in other countries. Having experienced a hard time during the COVID-19 pandemic, witnessing a period of shocking increases in housing prices everywhere in Vietnam, it is very practical to analyse the factors affecting the formation of the real estate bubble so that measures to control it can be implemented. Using data from 2011 to 2021, with variables representing residential land price bubbles in big cities with industrial zones, namely Hanoi, Bac Ninh, Bac Giang, Ho Chi Minh, Binh Duong and Dong Nai, the authors construct a model to find macro factors affecting the formation of a real estate bubble in cities with industrial zones in Vietnam. They include economic growth, inflation, lending interest rates, M2 money supply, credit growth, migration rate and the provincial competitiveness. On that basis, the authors have proposed recommendations to prevent the real estate bubble in Vietnam. Journal: Int. J. of Economics and Business Research Pages: 511-532 Issue: 3 Volume: 27 Year: 2024 Keywords: real estate bubble; macroeconomic factors; impact; industrial zones. File-URL: http://www.inderscience.com/link.php?id=138076 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijecbr:v:27:y:2024:i:3:p:511-532 Template-Type: ReDIF-Article 1.0 Author-Name: Part Sungkaew Author-X-Name-First: Part Author-X-Name-Last: Sungkaew Title: Factors affecting natural rubber prices in Thailand Abstract: This study examines the role of factors affecting natural rubber prices in Thailand. The statistical results confirm that the rubber price is influenced by both domestic and external factors. The results indicate that the volume of rubber stock both inside and outside the country has the greatest effect on domestic natural rubber prices. Moreover, the domestic natural rubber price is also influenced by the market of buyers both inside and outside the country. Finally, according to the empirical analysis, it can be summarised that the rubber market in Thailand is a buyer's market (Monopsony). Although Thailand is the world's biggest producer of rubber, it still relies mainly on foreign sectors. Journal: Int. J. of Economics and Business Research Pages: 489-510 Issue: 3 Volume: 27 Year: 2024 Keywords: natural rubber; rubber price; rubber market; Monopsony; Thailand. File-URL: http://www.inderscience.com/link.php?id=138077 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijecbr:v:27:y:2024:i:3:p:489-510 Template-Type: ReDIF-Article 1.0 Author-Name: Ronny Prabowo Author-X-Name-First: Ronny Author-X-Name-Last: Prabowo Author-Name: Supatmi Supatmi Author-X-Name-First: Supatmi Author-X-Name-Last: Supatmi Author-Name: Yeterina Widi Nugrahanti Author-X-Name-First: Yeterina Widi Author-X-Name-Last: Nugrahanti Author-Name: Yefta Andi Kus Noegroho Author-X-Name-First: Yefta Andi Kus Author-X-Name-Last: Noegroho Title: The effects of municipal ownership on auditor size and auditor-client distance Abstract: This study analyses the effects of municipal ownership on auditor size and auditor-client distance in rural banks on Java Island, Indonesia. This study uses 575 rural banks in Java Island listed by the Financial Service Authority's website in 2019. The main data sources are <i>OJK</i>'s website and Indonesian Public Accountant Association's Directory. Our independent variables are municipal ownership (a dummy variable that equals one if a municipal government is the rural bank's majority owner and zero otherwise). The main dependent variables are auditor-client distance, measured by the driving distance (from Google Maps™) between rural bank's headquarter and its audit firm and auditor size (the number of audit firms' <i>OJK</i>-certified partners). Municipally-owned rural banks hire smaller and less distant auditors. Particularly, municipal ownership is negatively associated with auditor size and auditor-client distance. The associations are stronger when rural banks are located in municipalities with at least one audit firm. Journal: Int. J. of Economics and Business Research Pages: 533-551 Issue: 3 Volume: 27 Year: 2024 Keywords: auditor size; auditor-client distance; municipal ownership; rural banks. File-URL: http://www.inderscience.com/link.php?id=138079 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijecbr:v:27:y:2024:i:3:p:533-551 Template-Type: ReDIF-Article 1.0 Author-Name: Rui Gonçalves Author-X-Name-First: Rui Author-X-Name-Last: Gonçalves Author-Name: Catarina Dias Author-X-Name-First: Catarina Author-X-Name-Last: Dias Author-Name: Leandro Pereira Author-X-Name-First: Leandro Author-X-Name-Last: Pereira Author-Name: Renato Lopes da Costa Author-X-Name-First: Renato Lopes da Author-X-Name-Last: Costa Author-Name: Álvaro Dias Author-X-Name-First: Álvaro Author-X-Name-Last: Dias Author-Name: Rui Vinhas da Silva Author-X-Name-First: Rui Vinhas da Author-X-Name-Last: Silva Title: New dynamics of e-commerce on the retail industry: analysis of the purchase process of fashion and electronics products Abstract: The technology-mediated environment promoted the creation of new dynamics in the retail sector. To understand how the emergence of e-commerce has impacted the retail sector, this study analysed two distinct product typologies: fashion and electronics. Among the various conclusions of this work, we highlight a clear resistance to the emergence of e-commerce, even though a considerable part of the sample declares that the frequency of visits to physical stores has decreased, and the total frequency of purchases has increased after the appearance of e-commerce. The probability of completion of the purchase occurring on either platform increases when the search for information occurs on the same platform, however, possibly justified by the level of complexity of the product, the probability of the customer staying on the same platform during the electronics purchase process is marginally inferior to the fashion product model. Journal: Int. J. of Economics and Business Research Pages: 651-672 Issue: 4 Volume: 27 Year: 2024 Keywords: e-commerce; retails; stores; fashion; electronics. File-URL: http://www.inderscience.com/link.php?id=138868 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:4:p:651-672 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: Do cryptocurrency and commodities markets affect stock market performance in South Asia? An empirical investigation during the COVID-19 pandemic Abstract: The emergence of cryptocurrencies, as well as global commodity price volatility, have affected the global stock market performance. The recent pandemic outbreak has exacerbated the situation. Against this backdrop, we sought to explore the relationship between cryptocurrencies, commodity, and stock market performances in South Asia, by segregating the data into two timelines. The results of GMM and fixed effects models reveal that cryptocurrencies and gold prices have a significant and negative impact on stock market performance. In addition, empirical findings also highlight that during COVID-19, the influence of cryptocurrencies and gold prices on the stock market was much greater (1.5% cryptocurrencies and 1.7% gold prices) compared to the pre-COVID-19 timeline (1.3% cryptocurrencies and 1.1% gold prices). The study also concludes that only Bitcoin and Ethereum have a significant impact on the stock market performance of South Asia. The findings offer several policy implications. Journal: Int. J. of Economics and Business Research Pages: 673-692 Issue: 4 Volume: 27 Year: 2024 Keywords: cryptocurrency; stock market; oil prices; gold prices; IV-GMM; South Asia. File-URL: http://www.inderscience.com/link.php?id=138870 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:4:p:673-692 Template-Type: ReDIF-Article 1.0 Author-Name: Moustafa Elmetwaly Kandeel Author-X-Name-First: Moustafa Elmetwaly Author-X-Name-Last: Kandeel Author-Name: Ali Abdel Mahdi Massadeh Author-X-Name-First: Ali Abdel Mahdi Author-X-Name-Last: Massadeh Author-Name: Firas Abdel-Mahdi Massadeh Author-X-Name-First: Firas Abdel-Mahdi Author-X-Name-Last: Massadeh Title: Amicable settlements for civil and commercial disputes: a comparative study of Emirati and Egyptian legislations Abstract: Non-compulsory amicable dispute resolutions were examined by reviewing the legal nature and concept of mediation and conciliation within the legislations of the UAE and Egypt, in line with contemporary international legislations, such as that of France. We considered those civil and commercial law disputes which may be subject to amicable dispute resolution in pre-trial proceedings, including labour and family law matters and intellectual property rights. Within the latest legislative amended provisions, we also focused on whether the role of the judiciary within the amicable dispute resolution process is an efficient means of conciliation/mediation, and found that some modification of the respective Egyptian and Emirati judicial roles concerning the appointment of a conciliator/mediator is required. With regard to reaching an independent agreement, we present a potential model for doing so via amicable dispute resolution which is based on judicial procedures and strict binding stipulations. Journal: Int. J. of Economics and Business Research Pages: 553-567 Issue: 4 Volume: 27 Year: 2024 Keywords: amicable dispute resolutions; conciliation; meditation; arbitration; civil procedures law; civil law; labour law; United Arab Emirates; family law Egypt. File-URL: http://www.inderscience.com/link.php?id=138871 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:4:p:553-567 Template-Type: ReDIF-Article 1.0 Author-Name: Syed Arslan Haider Author-X-Name-First: Syed Arslan Author-X-Name-Last: Haider Author-Name: Mário Nuno Mata Author-X-Name-First: Mário Nuno Author-X-Name-Last: Mata Author-Name: Shehnaz Tehseen Author-X-Name-First: Shehnaz Author-X-Name-Last: Tehseen Author-Name: José Moleiro Martins Author-X-Name-First: José Moleiro Author-X-Name-Last: Martins Title: Antecedents of construction project performance and contingent role of prosocial behaviour Abstract: The purpose of this research study is to empirically test the impact of mastery climate (MC) on project performance (PP) through the mediating role of collaboration in team (CIT) and moderating role of prosocial behaviour (PSB). The probability random sampling technique and two-time lags T1 = 327 and T2 = 300 was used to collect data from employees working in project-based construction companies of Pakistan. Partial least squares-structural equation modelling (Smart PLS SEM v.3.2.8) software was used to test hypotheses. The result indicates that MC has a significant and positive impact on PP. Also, CIT is considered as a potential mediator between MC and PP. However, findings indicate that PSB positive effects on project performance at T1 but after passing time at T2 negative effects on project performance. Furthermore, study significantly contributes to the area of research in the domain of project management. In the end, the implications for project managers and future research are discussed. Journal: Int. J. of Economics and Business Research Pages: 588-606 Issue: 4 Volume: 27 Year: 2024 Keywords: mastery climate; collaboration in team; CIT; prosocial behaviour; project performance. File-URL: http://www.inderscience.com/link.php?id=138872 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:4:p:588-606 Template-Type: ReDIF-Article 1.0 Author-Name: Moonis Shakeel Author-X-Name-First: Moonis Author-X-Name-Last: Shakeel Author-Name: Himani Arya Author-X-Name-First: Himani Author-X-Name-Last: Arya Title: Modelling and forecasting intraday volatility with range-based GARCH models for Indian stock market Abstract: This paper focuses on the range-based volatility estimations with standard GARCH, EGARCH and TGARCH models to analyse how the performance of the models changes in different range-based analysis. The idea is to check the suitability of these models on a unique 7 months 30-minute intraday Nifty data with different measures of range-based volatility measures such as Parkinson's, Garman-Klass, Garman Klass-Yang Zhang and Yang Zhang for their appropriateness on the Indian stock market. Robust empirical analysis and comparisons give two significant performance-based results: 1) range-based volatility forecasting models appear to perform better as compared to the return-based models; 2) asymmetric GARCH models are found to be a better fit for the Indian stock market vis-à-vis the basic GARCH model. Another major outcome shows that the GKYZ volatility estimator comes out to be the best for accurately forecasting the current period volatility of the Indian stock market with having the minimum forecast error. Also, the positive size test significance suggests that the magnitude of the good news has a larger impact on volatility as compared to the impact of the magnitude of the bad news for Nifty 50. Journal: Int. J. of Economics and Business Research Pages: 633-650 Issue: 4 Volume: 27 Year: 2024 Keywords: volatility forecasting; GARCH; TGARCH; EGARCH; range-based estimations. File-URL: http://www.inderscience.com/link.php?id=138879 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:4:p:633-650 Template-Type: ReDIF-Article 1.0 Author-Name: Hesham Albarrak Author-X-Name-First: Hesham Author-X-Name-Last: Albarrak Author-Name: Mounir Sarraj Author-X-Name-First: Mounir Author-X-Name-Last: Sarraj Author-Name: Sourour Ben Saad Author-X-Name-First: Sourour Ben Author-X-Name-Last: Saad Author-Name: Aymen Ajina Author-X-Name-First: Aymen Author-X-Name-Last: Ajina Title: The impact of ISO 26000 social responsibility standard adoption on stock market liquidity: evidence from Saudi Arabia Abstract: This paper aims to investigate the relationship between disclosure about corporate social responsibility through ISO 26000 and stock market liquidity in Saudi Arabia. The study uses a sample of 122 listed firms on the Saudi stock market between 2012 and 2017. Our result shows a positive association between CSR disclosure and stock market liquidity. Specifically, while the CSR index is correlated negatively with quoted and effective spreads, illiquidity ratio is positively correlated with trading volume. So, a higher level of CSR disclosure tends to ameliorate the illiquidity of Saudi firms. These findings are in line with the stakeholder theory and the legitimacy theory that a high level of CSR disclosure is viewed as a positive signal to setup confidence between stakeholders and attract investors to exchange in a transparent market. According to our findings, Saudi regulators should consider the level of CSR disclosures as a serious component to improve market liquidity. Journal: Int. J. of Economics and Business Research Pages: 607-632 Issue: 4 Volume: 27 Year: 2024 Keywords: corporate social responsibility; CSR; ISO 26000; stock market liquidity; the opportunistic disclosure hypothesis; legitimacy theories; Saudi Arabia. File-URL: http://www.inderscience.com/link.php?id=138882 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:4:p:607-632 Template-Type: ReDIF-Article 1.0 Author-Name: Dayanand Pandey Author-X-Name-First: Dayanand Author-X-Name-Last: Pandey Author-Name: Surender Kumar Author-X-Name-First: Surender Author-X-Name-Last: Kumar Title: New framework as risk-vulnerability index in commercial banking system Abstract: Risk management in commercial banking has been facing great challenges due to dynamic changes occurring both within and outside the system. This study focuses on the adoption of new frameworks to explain the measurement of risk in the commercial banking system. The study introduces new parameters of vulnerability in combination with external risk to gauge the potential threat of a commercial bank. The study presents a theoretical framework to construct a risk-vulnerability index (RVI), in the context of commercial banking operations. For this purpose, the existing parameters of risk (as per Basel III), financial stability indicators of commercial banks, and expert opinions are taken into consideration. It may help stakeholders detect potential threats more precisely and enable banks to take corrective measures in time to avert the threat. Journal: Int. J. of Economics and Business Research Pages: 568-587 Issue: 4 Volume: 27 Year: 2024 Keywords: risk; vulnerability; framework; commercial banks; potential threat; Basel III; risk-vulnerability index; RVI. File-URL: http://www.inderscience.com/link.php?id=138883 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:4:p:568-587 Template-Type: ReDIF-Article 1.0 Author-Name: Mohammed T. Nuseir Author-X-Name-First: Mohammed T. Author-X-Name-Last: Nuseir Author-Name: Ghaleb A. El Refae Author-X-Name-First: Ghaleb A. El Author-X-Name-Last: Refae Author-Name: Ahmad Aljumah Author-X-Name-First: Ahmad Author-X-Name-Last: Aljumah Title: The lean management practices impact on the competitive advantage and business performance Abstract: The study examines the mediating role of competitive advantage among the JIT inventory system, customer involvement, supplier development, and manufacturing industry performance, and investigates the moderating role of institutional support among competitive advantage and manufacturing industry performance in the UAE. The study gathered data from employees of the manufacturing industry in the UAE using survey questionnaires. The study also used smart PLS to check the connections among the variables. The results reveal that the JIT inventory system, customer involvement, and supplier development are positively associated with manufacturing industry performance. The outcomes also revealed that competitive advantage significantly mediates the JIT inventory system, customer involvement, supplier development, and manufacturing industry performance, and institutional support significantly moderates competitive advantage and manufacturing industry performance. This study guides policymakers in formulating policies related to achieving industrial performance using an effective JIT inventory system, customer involvement, and supplier development. Journal: Int. J. of Economics and Business Research Pages: 1-20 Issue: 6 Volume: 28 Year: 2024 Keywords: JIT inventory system; customer involvement; supplier development; competitive advantage; manufacturing industry performance. File-URL: http://www.inderscience.com/link.php?id=142496 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijecbr:v:28:y:2024:i:6:p:1-20 Template-Type: ReDIF-Article 1.0 Author-Name: Khalid Alomari Author-X-Name-First: Khalid Author-X-Name-Last: Alomari Author-Name: Ali Salah Author-X-Name-First: Ali Author-X-Name-Last: Salah Author-Name: Rukana Alshweesh Author-X-Name-First: Rukana Author-X-Name-Last: Alshweesh Title: The impact of digital transformation on the effectiveness of electronic financial systems Abstract: Digital transformation's impact on Jordanian public shareholding industrial enterprises' electronic financial systems was examined in this detailed study. A thorough research methodology revealed that these firms have implemented digital transformation across various dimensions. This research's empirical foundation is strengthened by the statistically significant association between digital transformation throughout its dimensions and electronic financial system effectiveness. Using these empirical findings, the report recommends that Jordanian public shareholding industrial enterprises prioritise and strengthen digital transformation activities, notably in electronic finance systems. Many studies support this statement, arguing that digital transformation is essential for these firms to streamline operational processes and improve organisational efficiency in the changing digital context. Public joint-stock industrial businesses in Jordan must strategically identify goals and promote digital transformation, notably in electronic financial systems, according to the report. The experimental study uses a broad corpus of evidence to support its suggestions. In the dynamic digital context, digital transformation is strategic to improve operational processes and organisational effectiveness. Journal: Int. J. of Economics and Business Research Pages: 21-41 Issue: 6 Volume: 28 Year: 2024 Keywords: digital transformation; effectiveness of electronic financial systems; Jordanian public shareholding industrial companies; Jordan. File-URL: http://www.inderscience.com/link.php?id=142497 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijecbr:v:28:y:2024:i:6:p:21-41 Template-Type: ReDIF-Article 1.0 Author-Name: Kim Quoc Trung Nguyen Author-X-Name-First: Kim Quoc Trung Author-X-Name-Last: Nguyen Title: Factors affect consumers' online shopping behaviour via a mediator factor Abstract: This study aims to estimate the factors affecting consumers' online shopping behaviour in Vietnam under the role of a mediating factor. Based on consumer behaviour theory, theory of planned behaviour, and theory of reasoned action, this study explores how personal and economic factors affect consumers' online shopping behaviour. Qualitative and quantitative methods show that the following factors have a significant and positive influence on consumers' shopping behaviour: perceived usefulness, risk perception, trust, promotion and advertising, website quality, and macroeconomic factors. These aspects establish a direct connection with online shopping behaviour, mediated by the intention to shop online. This study underscores the significance of motivating consumers to engage in online shopping, particularly during the COVID-19 pandemic. Journal: Int. J. of Economics and Business Research Pages: 693-711 Issue: 4 Volume: 27 Year: 2024 Keywords: COVID-19; online shopping behaviour; online shopping intention; consumers; Ho Chi Minh City. File-URL: http://www.inderscience.com/link.php?id=138914 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijecbr:v:27:y:2024:i:4:p:693-711 Template-Type: ReDIF-Article 1.0 Author-Name: Shorouq F. Eletter Author-X-Name-First: Shorouq F. Author-X-Name-Last: Eletter Author-Name: Ghaleb A. Elrefae Author-X-Name-First: Ghaleb A. Author-X-Name-Last: Elrefae Author-Name: Amer Qasim Author-X-Name-First: Amer Author-X-Name-Last: Qasim Author-Name: Tahira Yasmin Author-X-Name-First: Tahira Author-X-Name-Last: Yasmin Title: Education in the Metaverse: a bibliometric exploration Abstract: The evolution of traditional education has always coincided with the advancement of information technology - a virtual environment known as the Metaverse mixes enhanced physical reality with persistent digital worlds. The emergence of big data and cyber-physical systems has recently brought it to the attention of a global audience. There is much opportunity for innovative education with this original notion. Our bibliometric study examines the scholarly discourse on integrating the Metaverse into education using academic literature from Scopus databases. The study identifies essential themes, trends, and future directions in this discipline. Preliminary data indicates a growing trend in linked articles and a growing curiosity about the potential applications of the Metaverse in educational settings, sparking excitement and intrigue about the possibilities. This research's inception highlights its interdisciplinary and collaborative nature, which is crucial in understanding the full potential of the Metaverse in education, reflecting its growing scholarly interest and highlighting inclusivity and diversity across various academic disciplines. Journal: Int. J. of Economics and Business Research Pages: 42-55 Issue: 6 Volume: 28 Year: 2024 Keywords: Metaverse; virtual reality; education; augmented reality; bibliometric analysis. File-URL: http://www.inderscience.com/link.php?id=142498 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijecbr:v:28:y:2024:i:6:p:42-55 Template-Type: ReDIF-Article 1.0 Author-Name: Mohammed T. Nuseir Author-X-Name-First: Mohammed T. Author-X-Name-Last: Nuseir Author-Name: Ghaleb A. El Refae Author-X-Name-First: Ghaleb A. El Author-X-Name-Last: Refae Author-Name: Ahmad Aljumah Author-X-Name-First: Ahmad Author-X-Name-Last: Aljumah Title: The impact of digital marketing strategies on customer satisfaction and organisational performance: exploring the moderating role of entrepreneurial intention Abstract: This study examined how entrepreneurial intentions moderated the relationship between customer retention capabilities, marketing-sensing capabilities, customer-linking abilities, and client fulfilment and assessed the mediating role of customer satisfaction in the relationship between these capabilities and business results in the manufacturing sector of the United Arab Emirates. Participants' responses to questionnaires were gathered for this study and Smart-PLS was used to evaluate the data. The outcome demonstrated a positive link between customer happiness and organisational success and a positive correlation between customer satisfaction and customer retention capabilities, marketing-sensing abilities, and customer-linking abilities. The outcome also revealed that client satisfaction is extensively linked to the connection of promotional strategies and results of the organisation and revealed that business intentions highly regulate the connection of customer-retention capabilities, customer-linking abilities, marketing-sensing capabilities, and fulfilment of customers of the manufacturing sector in the United Arab Emirates. Decision-makers can use this study to help them create digital advertising strategies that could boost an organisation's success. Journal: Int. J. of Economics and Business Research Pages: 56-74 Issue: 6 Volume: 28 Year: 2024 Keywords: marketing-sensing capabilities; customer satisfaction; organisational performance; customer-retention abilities; customer-linking abilities. File-URL: http://www.inderscience.com/link.php?id=142501 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijecbr:v:28:y:2024:i:6:p:56-74 Template-Type: ReDIF-Article 1.0 Author-Name: Robert Laskowski Author-X-Name-First: Robert Author-X-Name-Last: Laskowski Author-Name: Petr Wawrosz Author-X-Name-First: Petr Author-X-Name-Last: Wawrosz Author-Name: Lenka Kopecká Author-X-Name-First: Lenka Author-X-Name-Last: Kopecká Author-Name: Zora Říhová Author-X-Name-First: Zora Author-X-Name-Last: Říhová Author-Name: Roman Svoboda Author-X-Name-First: Roman Author-X-Name-Last: Svoboda Title: Amazon's behaviour during corona pandemic: the case study of office and stationery category in Germany Abstract: The study presented in the paper concentrates on the behaviour of the world's largest online retailer Amazon in Germany in the office and stationery category for the period from January 2020 to December 2021. We revealed that the company mainly concentrated on maintaining the share of products that are sold on its website by itself and not by other sellers. It, therefore, had to decrease its sales price from March to November 2020. The sales prices then followed the development of the purchase prices till May 2021 and exceeded them for the rest of the investigated period; however the average growth of sales prices that was not caused by the growth of purchased prices and the VAT effect achieved only 2.83%. Amazon seems to have not abused its dominant position when it tried to keep its customers and not to give them a reason for switching to its competitors. Journal: Int. J. of Economics and Business Research Pages: 1-23 Issue: 5 Volume: 28 Year: 2024 Keywords: Amazon; firm behaviour; corona pandemic; Buy Box; dominant market position; prices; online price index (indices); online trade; office and stationery goods; Germany. File-URL: http://www.inderscience.com/link.php?id=140205 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijecbr:v:28:y:2024:i:5:p:1-23 Template-Type: ReDIF-Article 1.0 Author-Name: Meryana Zuhair Haddad Author-X-Name-First: Meryana Zuhair Author-X-Name-Last: Haddad Author-Name: Yee Mei Heong Author-X-Name-First: Yee Mei Author-X-Name-Last: Heong Author-Name: Habeeb Ur Rahiman Author-X-Name-First: Habeeb Ur Author-X-Name-Last: Rahiman Title: How COVID-19 affected academic performance and job readiness in higher education Abstract: The COVID-19 pandemic has created a serious impact on human life in different ways and modes. Higher education is one such area where many students struggle to meet their intentions and be efficient in their studies. The current study aimed to investigate the impact of the pandemic on higher education academic performance and job readiness in the gulf region. A mixed-method research strategy was administered in performing the research. The quantitative data were collected employing online survey instruments from 1,750 respondents from various parts of the gulf region. The data were analysed by applying statistical tools like SPSS and AMOS and finding revels that the COVID-19 pandemic adversely impacted higher education in the Gulf. The study also identified that assessment and evaluations, students' engagement and overall academic performance, and job readiness were the most adversely affected areas due to pandemics. The conclusion of the research will support government and higher education facilitators to examine and implement guidelines for teaching and learning in disaster situations. Journal: Int. J. of Economics and Business Research Pages: 363-378 Issue: 3/4 Volume: 28 Year: 2024 Keywords: COVID-19; anxiety; job readiness; assessment; academic performance. File-URL: http://www.inderscience.com/link.php?id=141487 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:3/4:p:363-378 Template-Type: ReDIF-Article 1.0 Author-Name: Muhammad Abrar ul Haq Author-X-Name-First: Muhammad Abrar ul Author-X-Name-Last: Haq Author-Name: Najma Rasheed Author-X-Name-First: Najma Author-X-Name-Last: Rasheed Author-Name: Abid Rashid Gill Author-X-Name-First: Abid Rashid Author-X-Name-Last: Gill Author-Name: Qaiser Munir Author-X-Name-First: Qaiser Author-X-Name-Last: Munir Title: Multidimensional energy poverty and its determinants Abstract: The current study aims to identify the factors affecting multidimensional energy poverty in Pakistan. For this purpose, information about 2013 households has been taken from the Pakistan Demographic and Health Survey 2017-2018. The study uses the multidimensional energy poverty index as a dependent variable composed of five dimensions: communication facilities, entertainment/education, household appliances, lighting, and cooking. The logistic regression technique has been applied to scrutinise the results for Punjab and its nine divisions separately to analyse the factors affecting Punjab's multidimensional energy poverty index. Empirical findings indicate that age of the head of the household, no education, incomplete primary, complete primary, incomplete secondary, wealth statuses of the families, and rural residence are statistically significant factors affecting multidimensional poverty in all nine divisions of Punjab. The study recommends that the government frame specific policies to improve education levels and create more opportunities for wealth generation that ultimately affect energy poverty. Journal: Int. J. of Economics and Business Research Pages: 379-397 Issue: 3/4 Volume: 28 Year: 2024 Keywords: multidimensional energy poverty; education of household head; household wealth index; place of residence; Pakistan. File-URL: http://www.inderscience.com/link.php?id=141488 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:3/4:p:379-397 Template-Type: ReDIF-Article 1.0 Author-Name: Walaa Hammad Author-X-Name-First: Walaa Author-X-Name-Last: Hammad Author-Name: Qaiser Munir Author-X-Name-First: Qaiser Author-X-Name-Last: Munir Author-Name: Tamara Teplova Author-X-Name-First: Tamara Author-X-Name-Last: Teplova Author-Name: Muhammad Abrar ul Haq Author-X-Name-First: Muhammad Abrar ul Author-X-Name-Last: Haq Title: Conditional volatility and correlations between Sukuks, stocks, and gold in the GCC region Abstract: Financial markets around the world have suffered significantly during the current COVID-19 pandemic. This study presents an important view of the predictive capacity of COVID-19 for the correlation between Islamic bonds, equity markets, and precious commodities in the GCC region. Specifically, this study investigates whether the volatility and co-movements behaviours between Sukuk, conventional stocks, Islamic stocks, and gold are correlated before and during the pandemic. Our analysis uses a dynamic conditional correlation (DCC) multivariate generalised autoregressive conditional heteroskedasticity (MGARCH) model from the period 30 August 2013 to 31 January 2022. Our results suggest that there is a strong correlation between Sukuks, conventional stocks, and Islamic stocks before and during the crisis. However, we have observed that the correlation decreases during the pandemic. With regards to correlation, Sukuk and conventional stocks along with Sukuk and Islamic stocks maintained a low correlation, while the conventional and Islamic stocks have a high correlation. Journal: Int. J. of Economics and Business Research Pages: 398-416 Issue: 3/4 Volume: 28 Year: 2024 Keywords: Sukuk; stock markets; gold; dynamic correlations; conditional volatility; DCC-MGARCH. File-URL: http://www.inderscience.com/link.php?id=141489 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:3/4:p:398-416 Template-Type: ReDIF-Article 1.0 Author-Name: Audil Rashid Khaki Author-X-Name-First: Audil Rashid Author-X-Name-Last: Khaki Author-Name: Nasser ElKanj Author-X-Name-First: Nasser Author-X-Name-Last: ElKanj Author-Name: Somar AlMohamad Author-X-Name-First: Somar Author-X-Name-Last: AlMohamad Author-Name: Sara Omran Author-X-Name-First: Sara Author-X-Name-Last: Omran Author-Name: Mohamed M. Sraieb Author-X-Name-First: Mohamed M. Author-X-Name-Last: Sraieb Title: Portfolio diversification and dynamic hedging among BRICS stock markets and cryptocurrencies Abstract: This present study explores the potential of cryptocurrencies in the diversification of a portfolio of rather integrated financial markets or instruments, such as BRICS by employing the mean-variance optimisation approach and the higher-order moments approach. The results indicate that while the theoretical implication of both the mean-variance approach and higher-order moments approach point in the same direction, the latter is more efficient in capturing the asymmetry and the tail risk of the returns, besides the investors' risk-aversion. The results suggest that ETH is the most popular cryptocurrency for portfolio diversification followed by BTC, almost receiving the same asset allocation in different portfolio optimisation strategies. The results also indicate that the potential of cryptocurrencies in portfolio diversification is rather marginal or limited to a risk-averse investor while they may offer an alternative investment avenue for risk-seeking investors. While cryptocurrencies may promise to offer a considerable diversification potential, the allocations to cryptocurrencies must conservatively be made, given the explosive price behaviour of cryptocurrencies in recent times. Journal: Int. J. of Economics and Business Research Pages: 437-456 Issue: 3/4 Volume: 28 Year: 2024 Keywords: cryptocurrencies; portfolio optimisation; FINTECH; BRICS; portfolio diversification. File-URL: http://www.inderscience.com/link.php?id=141490 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:3/4:p:437-456 Template-Type: ReDIF-Article 1.0 Author-Name: Muzaffar Asad Author-X-Name-First: Muzaffar Author-X-Name-Last: Asad Title: Synergetic impact of knowledge management and access to finance over open innovation for performance of SMEs Abstract: Access to finance has widely been accepted as a means of gaining performance for SMEs, likewise, knowledge management for achieving performance is gaining importance especially in the SMEs of developing economies. Similarly, the role of open innovation has also been well established in several prior studies, however, the major contribution of the research is the identification of mediating role of open innovation between resources and performance. For testing the developed framework based on knowledge management theory and resource-based view, the author used structural equation modelling. The study was a cross-sectional survey design that was applied using a sample of 364 owners and managers of SMEs. The findings confirmed that both the resources create synergy and significantly enhance performance in the presence of open innovation. The study along with supporting knowledge management theory and resource-based view of the firm also holds significant policy implications. Journal: Int. J. of Economics and Business Research Pages: 272-293 Issue: 3/4 Volume: 28 Year: 2024 Keywords: knowledge management; access to finance; open innovation. File-URL: http://www.inderscience.com/link.php?id=141491 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:3/4:p:272-293 Template-Type: ReDIF-Article 1.0 Author-Name: Fadia Al Hajj Author-X-Name-First: Fadia Al Author-X-Name-Last: Hajj Author-Name: Duc Nguyen Nguyen Author-X-Name-First: Duc Nguyen Author-X-Name-Last: Nguyen Author-Name: Sara Omran Author-X-Name-First: Sara Author-X-Name-Last: Omran Author-Name: Tonguç Çagin Author-X-Name-First: Tonguç Author-X-Name-Last: Çagin Author-Name: Virginie Nahas Author-X-Name-First: Virginie Author-X-Name-Last: Nahas Title: An analysis of shock and volatility spillovers among Vietnamese and BRICS equity markets Abstract: Globalisations of financial markets have contributed to the connectedness among cross border equity markets. BRICS and Vietnam Stock Markets are closely related and are believed to be interdependent, an interdependence that is expected to increase in times of crisis. The aim of this paper is to investigate the volatility spillover within these markets by detecting the impact of the GFC and COVID-19, separately. The main contribution is to present a comparative analysis of the impact of both crises on stock markets amalgamation. The research employs daily stock prices for a sample of Vietnam and BRICS countries. The study considers two periods, GFC period (from January 2007 to December 2009) and COVID-19 period (from January 2019 to December 2021). The data utilised in this analysis are MSCI indices obtained from the DataStream. The applied tests are the generalised Diebold and Yilmaz (2012) to measure the returns and volatilities and generalised impulse response function of the innovation accounting analysis of Koop et al. (1996) and Pesaran and Shin (1998). The results have detected an increasing connectedness and spillover among Vietnam and BRICS during COVID-19 as compared to GFC with the strongest relationship between India, China, and Vietnam. Journal: Int. J. of Economics and Business Research Pages: 255-271 Issue: 3/4 Volume: 28 Year: 2024 Keywords: COVID-19; GFC; Vietnamese stock market; BRICS; portfolio diversification; financial connectedness. File-URL: http://www.inderscience.com/link.php?id=141494 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:3/4:p:255-271 Template-Type: ReDIF-Article 1.0 Author-Name: Sara AlBalooshi Author-X-Name-First: Sara Author-X-Name-Last: AlBalooshi Author-Name: Sara Alfaihani Author-X-Name-First: Sara Author-X-Name-Last: Alfaihani Author-Name: Rabab Ebrahim Author-X-Name-First: Rabab Author-X-Name-Last: Ebrahim Title: Towards sustainable bank bailouts Abstract: This paper investigates the viability of using Islamic financing products in government bailout schemes. Empirically, we examine the association between bank sustainability and the different Islamic financing products, equity-based and debt-based. We use a multilevel model and an unbalanced panel hand-collected banking data of GCC banks over the period 2006-2016. The findings show that the Islamic equity-based financing products (profit-loss-sharing and Islamic futures-like products) significantly promote bank sustainability, while the debt-like products (Sukuk and Fixed-income) will lead to more fragile banks. These findings will be of interest to central banks and policy makers while considering bailout options for banks. The bailout funds should be regulated and directed toward Islamic equity-based financing products to maintain sustainability of the rescue funds, banking system and the general economy. Journal: Int. J. of Economics and Business Research Pages: 417-436 Issue: 3/4 Volume: 28 Year: 2024 Keywords: bank bailout; equity; Islamic banking; profit-loss-sharing; sustainability. File-URL: http://www.inderscience.com/link.php?id=141496 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:3/4:p:417-436 Template-Type: ReDIF-Article 1.0 Author-Name: Mohamed Sayed Abou Elseoud Author-X-Name-First: Mohamed Sayed Abou Author-X-Name-Last: Elseoud Title: COVID-19 pandemic and explicit deposit insurance scheme: an analytical study Abstract: The current study aims to evaluate the effectiveness of implementing an explicit deposit insurance (EDI) mechanism in maintaining the stability of the banking industry and regaining depositor confidence in Egyptian banks during the COVID-19 outbreak. Based on a review of the literature, the study created a questionnaire to test four hypotheses about the banking system's ability to meet the requirements for implementing the EDI system, as well as the expected effects of EDI on depositor confidence, deposit stability, and banking credit flexibility. The questionnaire was distributed to 130 commercial bank branches located in the four largest governorates in Egypt. The survey was conducted from July 2020 to January 2021. The findings of the study show that the Egyptian economy meets the requirements for implementing EDI. As a result, implementing this program will shield Egyptian banks from internal and external financial volatility, stabilise deposit volume, and encourage the saving of more cash as a result of growing public confidence in the banking system. Consequently, the paper recommends how to implement the EDI system, which could be helpful to Egyptian decision-makers when they do so. Journal: Int. J. of Economics and Business Research Pages: 314-334 Issue: 3/4 Volume: 28 Year: 2024 Keywords: explicit deposit insurance; banks; COVID-19; survey; Egypt. File-URL: http://www.inderscience.com/link.php?id=141497 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:3/4:p:314-334 Template-Type: ReDIF-Article 1.0 Author-Name: Muhammad Ather Ashraf Author-X-Name-First: Muhammad Ather Author-X-Name-Last: Ashraf Author-Name: Omar Masood Author-X-Name-First: Omar Author-X-Name-Last: Masood Author-Name: Bora Aktan Author-X-Name-First: Bora Author-X-Name-Last: Aktan Author-Name: Mohamed Sayed Abou Elseoud Author-X-Name-First: Mohamed Sayed Abou Author-X-Name-Last: Elseoud Title: Price inflation in the agricultural sector during the COVID-19 pandemic: is it a supply or demand issue? Abstract: The current study intends to investigate the imbalance between agricultural supply and demand during the COVID-19 outbreak in the US economy. The time frame is determined by the vaccination rollout, which would start at the end of 2020 and run through August 31, 2021. The study's dependent variable is the Bloomberg Agriculture Index, while its independent variables are macroeconomic indicators, commodities indices, transport indices, the Infectious Disease Equity Market Volatility Index (IDEMV), SPY index, and ten-year treasury. This article utilises the autoregressive distributed lags (ARDL) technique, the variance inflation factor, and the cumulative sum (CUSUM) analysis. According to the study's findings, there is a correlation between demand and the influence of the agricultural index, and the total market is affected differently by economic stimulus policy than it is by the agricultural index. These insights might be beneficial for future studies and policy decisions. Journal: Int. J. of Economics and Business Research Pages: 294-303 Issue: 3/4 Volume: 28 Year: 2024 Keywords: agriculture index; IDEMV; marine index. File-URL: http://www.inderscience.com/link.php?id=141498 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:3/4:p:294-303 Template-Type: ReDIF-Article 1.0 Author-Name: Meryana Zuhair Haddad Author-X-Name-First: Meryana Zuhair Author-X-Name-Last: Haddad Author-Name: Yee Mei Heong Author-X-Name-First: Yee Mei Author-X-Name-Last: Heong Author-Name: Abdul Rasid Bin Abdul Razzaq Author-X-Name-First: Abdul Rasid Bin Abdul Author-X-Name-Last: Razzaq Author-Name: Tee Tze Kiong Author-X-Name-First: Tee Tze Author-X-Name-Last: Kiong Title: The UAE education reform: opportunities and challenges Abstract: As one of the world's wealthiest and newest nations, the UAE is now striving to become a leading provider of quality education. There has been little research conducted on the UAE's education reform efforts. A number of studies have shown that countries face difficulties in aligning market-driven academic goals with dominant cultural paradigms. As a result of switching from historically lucrative petroleum industries, their academic success may require more improvements to sustain and develop their educational level. In this study, we conduct literature review research utilising concepts explored in comparative education to examine how the government is approaching reforms and suggest future research areas. This study provides some features that could help policymakers and the government enhance and achieve UAE education's vision. Journal: Int. J. of Economics and Business Research Pages: 304-313 Issue: 3/4 Volume: 28 Year: 2024 Keywords: education; reform; United Arab Emirates; UAE. File-URL: http://www.inderscience.com/link.php?id=141502 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:3/4:p:304-313 Template-Type: ReDIF-Article 1.0 Author-Name: Ratri Parida Author-X-Name-First: Ratri Author-X-Name-Last: Parida Author-Name: Jaspreet Kaur Author-X-Name-First: Jaspreet Author-X-Name-Last: Kaur Author-Name: Sonia Singh Author-X-Name-First: Sonia Author-X-Name-Last: Singh Title: Research opportunities in supply chain management during COVID-19 outbreak: exploring through review and bibliometric analysis Abstract: The spread of coronavirus (SARS CoV-2) which is otherwise known as COVID-19 has a major effect on businesses, particularly disrupting the supply chains (SC). With the advent of the black swan event, many research articles were published about the execution of short-term plans that may mitigate the associated SC risks. This article summarises and presents a critical assessment of 367 articles collected from the Scopus database that is published in the past year (2020-2021). The insightful findings in terms of citation, co-citation, influential authors, contributing countries, key research areas through cluster analysis, etc. are presented with the help of a bibliometric approach. The analysis also shows the tools and techniques being used to mitigate SC issues. The proposed research framework will help the practitioners and academics to fully understand the complexity among SC partners due to the pandemic thereby proposing a response roadmap exploring potential research avenues. Journal: Int. J. of Economics and Business Research Pages: 335-349 Issue: 3/4 Volume: 28 Year: 2024 Keywords: COVID-19; bibliometric analysis; supply chain resilience; sustainability; citation and co-citation analysis. File-URL: http://www.inderscience.com/link.php?id=141503 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:3/4:p:335-349 Template-Type: ReDIF-Article 1.0 Author-Name: Naushad Alam Author-X-Name-First: Naushad Author-X-Name-Last: Alam Author-Name: Md Shabbir Alam Author-X-Name-First: Md Shabbir Author-X-Name-Last: Alam Title: Examining the dynamic linkages between the banking sector activities and the economic growth of Oman: evidence from ARDL approach Abstract: Banks serve as a channel for successfully mobilising financial resources from the surplus sectors for efficient allocation to the deficit sectors for profitable investment that would then contribute to economic development. As financial intermediation metrics, this research analyses yearly time series data for bank deposits and credit to the private sector from 1972 to 2019. The autoregressive distributed lag (ARDL) cointegration test is applied based on the augmented Dickey-Fuller unit root tests for stationarity to determine the long-term influence of financial intermediation on economic growth. Furthermore, by estimating the error correction model, the research also evaluates the short-run link between financial intermediation and economic growth. The findings indicate that neither bank deposits nor credit to the private sector significantly influences long-term and short-term economic growth. Therefore, the study recommends introducing banking policy changes to reorganise the banking sectors for Oman's diversified and sustainable economic growth to realise Vision 2040. Journal: Int. J. of Economics and Business Research Pages: 350-362 Issue: 3/4 Volume: 28 Year: 2024 Keywords: bank deposit; bank credit; GDP; autoregressive distributed lag; ARDL approach; Oman. File-URL: http://www.inderscience.com/link.php?id=141504 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:3/4:p:350-362 Template-Type: ReDIF-Article 1.0 Author-Name: Mahmood Asad Moh'd Ali Author-X-Name-First: Mahmood Asad Moh'd Author-X-Name-Last: Ali Author-Name: Abu Bashar Author-X-Name-First: Abu Author-X-Name-Last: Bashar Author-Name: Mustafa Raza Rabbani Author-X-Name-First: Mustafa Raza Author-X-Name-Last: Rabbani Author-Name: Mohd. Atif Author-X-Name-First: Mohd. Author-X-Name-Last: Atif Title: COVID-19 and its impact on online impulse buying behaviour: empirical evidence from the Kingdom of Bahrain Abstract: The world has changed entirely because of the COVID-19 outbreak and so has the global economy. The impact of COVID-19 outbreak on the global economy is growing with intense economic consequences and is expected to be catastrophic in the long-term. This tragedy has a larger impact on the global economy as compared to the great economic depression and global financial crisis. The paper intends to examine the probable moderating impact of COVID-19 outbreak and demographic factors (age, gender, and marital status) on the consumer online impulse buying behaviour in the Kingdom of Bahrain. For determining the moderating impact of COVID-19 pandemic on online impulse buying behaviour, structural equation modelling (SEM) was employed. The result shows that COVID-19 has negatively affected the hedonic motivation while utilitarian motivation has seen a surge for online impulse buying behaviour. The paper outlines important theoretical and practical implications. Journal: Int. J. of Economics and Business Research Pages: 457-479 Issue: 3/4 Volume: 28 Year: 2024 Keywords: COVID-19; online impulse buying; hedonic motivation; utilitarian motivation; online shopping; age; gender; marital status; Bahrain. File-URL: http://www.inderscience.com/link.php?id=141510 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:3/4:p:457-479 Template-Type: ReDIF-Article 1.0 Author-Name: Asma Ben Saad Author-X-Name-First: Asma Ben Author-X-Name-Last: Saad Author-Name: Muhammad Arslan Author-X-Name-First: Muhammad Author-X-Name-Last: Arslan Author-Name: Ahmad Alqatan Author-X-Name-First: Ahmad Author-X-Name-Last: Alqatan Title: Role of real estate in financial instability: French evidence Abstract: This paper evaluates the place of residential real estate in the stability of the French financial system. By employing three-stage least-squares (3SLS), we analysed the dynamic interaction between the real estate credit market and the evolution of real estate prices. This interaction creates a destabilising spiral that expounds the housing bubble's formation. In France, as in most developed countries, the increase in real estate credits was accompanied by an increase in property prices. Our estimate shows that an increase in home credit increases home prices and vice versa. Therefore, we conclude that there is a relationship of interaction between the two markets leading to a destabilising spiral. The study has important implications for policymakers and investors. The use of macroprudential policy is justified by the ineffectiveness of micro-prudential policy and monetary policy alone in ensuring the stability of the financial system. Monetary policy, via the interest rate, could not prevent the development and subsequent outbreak of the 2007 financial crisis. Existing studies are limited in exploring the interaction between the growth rate of real estate prices and the number of loans to housing in the French context. This study adds value to existing literature and confirms this interaction. Journal: Int. J. of Economics and Business Research Pages: 111-126 Issue: 1 Volume: 27 Year: 2024 Keywords: housing; financial; macroprudential; 3SLS; monetary; French. File-URL: http://www.inderscience.com/link.php?id=136152 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:1:p:111-126 Template-Type: ReDIF-Article 1.0 Author-Name: Felister Y. Tibamanya Author-X-Name-First: Felister Y. Author-X-Name-Last: Tibamanya Author-Name: Mursali A. Milanzi Author-X-Name-First: Mursali A. Author-X-Name-Last: Milanzi Title: Technical efficiency of smallholder sunflower farmers in Singida, Tanzania: the application of the zero-observations approach Abstract: Improving agricultural productivity is crucial for enhancing income and alleviating poverty for the majority of farm households in sub-Saharan Africa. However, fostering productivity requires a good understanding of farm-level technical efficiency (TE). While earlier studies have examined TE across the globe, the current study applies the rarely used zero-observation approach to compare the performance of the Translog and the Cobb-Douglas stochastic frontier models, based on 269 randomly selected smallholder sunflower farmers in Singida, Tanzania. The findings suggest that the Translog stochastic production frontier model fits our data better than the Cobb-Douglas stochastic production frontier model in the context of the zero-observation approach. The zero-observation inputs such as improved sunflower seeds and non-zero observation inputs such as land significantly influence sunflower output and technical efficiency. In addition, using this approach, some sunflower farmers were found to be fully technically efficient. Thus, the findings suggest that the provision of improved sunflower seeds is imperative. Journal: Int. J. of Economics and Business Research Pages: 1-22 Issue: 1 Volume: 27 Year: 2024 Keywords: technical efficiency; zero-observations approach; smallholder sunflower farmers; stochastic frontier; Tanzania. File-URL: http://www.inderscience.com/link.php?id=136153 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:1:p:1-22 Template-Type: ReDIF-Article 1.0 Author-Name: Salma Jayech Author-X-Name-First: Salma Author-X-Name-Last: Jayech Author-Name: Emna Abdennadher Author-X-Name-First: Emna Author-X-Name-Last: Abdennadher Title: Transmission of the 2010 Greek sovereign debt crisis to Asia-Pacific stock markets: a copula-based approach Abstract: The objective of this paper is to detect the contagion effect of the 2010 sovereign debt crisis in the euro area on the stock markets of 12 countries in Asia-Pacific. We have used a new approach based on the copula theory. The obtained results show the transmission of this crisis by pure contagion of the American index to the share indices of Australia, Hong Kong, the Philippines, Singapore and Taiwan, which is not the case for the Greek share index where we have noticed the existence of a strong interdependence between markets after the crisis, and not a contagion. Contagion has fundamental importance in the financial markets because of these consequences on the global economy in terms of monetary policy, international diversification, risk measurement and assets valuation. Journal: Int. J. of Economics and Business Research Pages: 23-43 Issue: 1 Volume: 27 Year: 2024 Keywords: Greek sovereign debt crisis; Financial contagion; Asia-Pacific stock markets; Copula theory. File-URL: http://www.inderscience.com/link.php?id=136154 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:1:p:23-43 Template-Type: ReDIF-Article 1.0 Author-Name: Nour Hamed Alrhoom Alhajaya Author-X-Name-First: Nour Hamed Alrhoom Author-X-Name-Last: Alhajaya Author-Name: Ramzi Madi Author-X-Name-First: Ramzi Author-X-Name-Last: Madi Author-Name: Tariq Kameel Author-X-Name-First: Tariq Author-X-Name-Last: Kameel Title: Analysis of the main problems and issues in arbitration of the foreign investment disputes: the concept of investment dispute and multiplicity of arbitration disputes relating to the same investment Abstract: Perhaps the most important problem with arbitration as a means of settling investment disputes, is to identify the concept of the investment dispute, identify parties, and indicate the criteria that are adopted to determine whether we are going to invest or not. Accordingly, we have identified in this research what is meant by an investment dispute, the parties to that dispute, and the criteria upon which to determine whether there is an investment or not, including: 1) the capital contribution to the host country's economy over a certain period of time that allows for the building of continuous links between the investor and the host country; 2) giving the investor the right to exercise real influence and control over the management of his investment project; 3) this investment generates income; 4) investment is at particular risk and 5) stimulating the economic development of the host country. We have also identified the other problem facing arbitration in investment disputes, namely, the multiplicity of arbitration disputes relating to the same dispute, and the need to apply the positive and negative impact of binding force of res judicata and to deny other solutions to this problem. Journal: Int. J. of Economics and Business Research Pages: 93-110 Issue: 1 Volume: 27 Year: 2024 Keywords: arbitration; investment dispute; foreign investor. File-URL: http://www.inderscience.com/link.php?id=136155 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:1:p:93-110 Template-Type: ReDIF-Article 1.0 Author-Name: Burcu Duzgun-Oncel Author-X-Name-First: Burcu Author-X-Name-Last: Duzgun-Oncel Title: Health and time allocated to market and household work in Turkey Abstract: I examine the association between health and time allocation to market work and household work by using the Turkish Time Use Survey in 2014. I define household work as the sum of time devoted to non-market work and leisure. In supplement to previous studies on the subject regarding Turkey, I consider two new aspects. One of these aspects I assess is the intertemporal component of time allocation decisions. The other aspect I cover is the potential selection bias of health status in time allocation decisions. For the former purpose, I focus on non-student, non-retired individuals. For the latter, I apply propensity score matching (PSM). Examining these two aspects, I find that as health improves, time devoted to market work significantly rises and time devoted to leisure falls for both males and females in this group. I also find that the association between health and time use on non-market activities is insignificant for males. Journal: Int. J. of Economics and Business Research Pages: 44-59 Issue: 1 Volume: 27 Year: 2024 Keywords: health status; time use; propensity score matching; PSM; Turkey. File-URL: http://www.inderscience.com/link.php?id=136156 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:1:p:44-59 Template-Type: ReDIF-Article 1.0 Author-Name: Kan Nakajima Author-X-Name-First: Kan Author-X-Name-Last: Nakajima Author-Name: Yasuhiro Yonezawa Author-X-Name-First: Yasuhiro Author-X-Name-Last: Yonezawa Author-Name: Athambawa Abdul Azeez Author-X-Name-First: Athambawa Abdul Author-X-Name-Last: Azeez Title: Theory and fact of Japanese capital investment: has the Japanese capital investment been made optimally? Abstract: The capital investment decision by the company should be made in a way that maximises its stock price. From this point of view, based on Tobin's <i>q</i> theory, we examine the capital investment trends of Japanese companies using panel data after the burst of the bubble economy. The novelty of our paper is that the optimal capital investment is derived from clarifying the adjustment cost of capital investment in the analysis. Based on the derived adjustment costs, we investigate whether the capital investment has been optimal, using a sample of Japanese companies from 1990 to 2014. We find that the Japanese companies have been under investing for most of the period analysed. Our results indicate that the underinvestment by Japanese companies is not because of their strict financial constraints but because their capital investments are determined based on the return on equity (ROE) of the previous year. It should be emphasised that the capital investment decision is not made based on Tobin's <i>q</i>. We conclude that Japanese companies do not make investment decisions from the perspective of maximising shareholder value. Journal: Int. J. of Economics and Business Research Pages: 60-92 Issue: 1 Volume: 27 Year: 2024 Keywords: capital gain; capital investment; adjustment cost; corporate governance. File-URL: http://www.inderscience.com/link.php?id=136157 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:27:y:2024:i:1:p:60-92 Template-Type: ReDIF-Article 1.0 Author-Name: Maria Georgiou Author-X-Name-First: Maria Author-X-Name-Last: Georgiou Author-Name: Sofia Daskou Author-X-Name-First: Sofia Author-X-Name-Last: Daskou Author-Name: Michailina Siakalli Author-X-Name-First: Michailina Author-X-Name-Last: Siakalli Author-Name: Athanasios Anastasiou Author-X-Name-First: Athanasios Author-X-Name-Last: Anastasiou Title: An explanatory study of predictive factors of customer retention with Cypriot retail banks Abstract: This paper aims to investigate the impact of relational constructs on the intention of Cypriot retail banking customers to sustain a loyal banking custom. It aims to identify factors that repress switching behaviour or positively influence customers to stay with their current banking provider. The study's conceptual underpinning is based on seven relational constructs that deter customer switching intention and lead to customer retention, namely: satisfaction, affective commitment, continuance commitment, normative commitment, attitudinal loyalty, behavioural loyalty, and trust. An online survey based on self-completed questionnaires was used in the vicinity of Cyprus. The data analysis revealed that affective commitment and attitudinal loyalty are important motivators for customers to stay with their current banking providers. Behavioural loyalty and continuance commitment were not found to be significant predictors of staying. In conclusion, attitudinal bonds and affective commitment seem to matter more in staying with a bank than switching costs, habitual purchasing and trust. Journal: Int. J. of Economics and Business Research Pages: 127-150 Issue: 1 Volume: 27 Year: 2024 Keywords: staying intention; relational constructs; switching; satisfaction; loyalty; commitment; trust. File-URL: http://www.inderscience.com/link.php?id=136166 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijecbr:v:27:y:2024:i:1:p:127-150 Template-Type: ReDIF-Article 1.0 Author-Name: Phan Thi Thuy Hang Author-X-Name-First: Phan Thi Thuy Author-X-Name-Last: Hang Author-Name: Nguyen Thi Tuong Anh Author-X-Name-First: Nguyen Thi Tuong Author-X-Name-Last: Anh Author-Name: Phung Duy Quang Author-X-Name-First: Phung Duy Author-X-Name-Last: Quang Title: The sub-national institution in an emerging country and the location choice of high technology investment: evidence from Vietnam Abstract: After choosing the country to penetrate, foreign investors will decide the location for the operation. The decisions not only have to accommodate the institutional conditions that vary between home countries and host countries but also within the chosen host country. Based on theories of location choice, we analysed the impact of the determinants on the location choice of the high technology investors that used the institutional variables and traditional factors at the provincial level in Vietnam. The research used the methodology of spatial regression panel data and agglomeration effect in 63 provinces in Vietnam from 2007 to 2020. The results show that the institutional variables have a significant meaning on high-tech foreign direct investment (FDI), and the traditional factors affect the location choice of the investors. Journal: Int. J. of Economics and Business Research Pages: 151-174 Issue: 1 Volume: 27 Year: 2024 Keywords: high-technology FDI; sub-national institution; location choice; Vietnam. File-URL: http://www.inderscience.com/link.php?id=136167 File-Format: text/html File-Restriction: Open Access Handle: RePEc:ids:ijecbr:v:27:y:2024:i:1:p:151-174 Template-Type: ReDIF-Article 1.0 Author-Name: Suraj Shah Author-X-Name-First: Suraj Author-X-Name-Last: Shah Author-Name: Maurvi Vasavada Author-X-Name-First: Maurvi Author-X-Name-Last: Vasavada Author-Name: Mahendra Sharma Author-X-Name-First: Mahendra Author-X-Name-Last: Sharma Title: CRM purchase intentions and attitude toward the brand: exploring fit, longevity, firm motives, brand attractiveness and moderating role of WOM Abstract: The cause-related marketing (CRM) phenomenon consists of three integrated components (cause, company and consumer) and is a widely recognised promotional strategy adopted by numerous Indian organisations. CRM activity by a company involves engaging with a charity organisation yielding mutual gains for cause, company and consumer. In the first phase of the proposed theoretical framework, we investigate the impact of fit, longevity, firm motives, and brand attractiveness on attitude toward brand. In the second phase, we further examine the impact of attitude toward brand on CRM purchase intention. Moreover, we investigate the moderating role of word-of-mouth (WOM) and its impact on attitude toward brand and CRM purchase intention. This study would aid CRM marketers to frame promotion strategies based on the understanding of fit, longevity, firm motives and brand attractiveness in the CRM context. The insights would help the marketers to design an effective campaign and influence the behaviour intentions of CRM consumers. Journal: Int. J. of Economics and Business Research Pages: 153-170 Issue: 2 Volume: 28 Year: 2024 Keywords: cause-related marketing; CRM purchase intentions; attitude toward brand; fit; longevity; firm motives; brand attractiveness; word-of-mouth; WOM. File-URL: http://www.inderscience.com/link.php?id=140791 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:2:p:153-170 Template-Type: ReDIF-Article 1.0 Author-Name: Jihyeon Ma Author-X-Name-First: Jihyeon Author-X-Name-Last: Ma Author-Name: Jung Joo La Author-X-Name-First: Jung Joo Author-X-Name-Last: La Title: The effects of reductions in working hours on automation Abstract: This study uses a simple model to empirically analyse how reductions in working hours influence automation in the labour market. Previous studies focus on analysing the effects of reductions in working hours on factors such as actual working hours, wages, employment, and life satisfaction. We use panel data from 25 Organization for Economic Cooperation and Development countries over the 2011-2017 period. Our empirical findings show that a 1% decrease in the working hours of simple labourers increases automation by 1.13%-1.15%. Journal: Int. J. of Economics and Business Research Pages: 187-201 Issue: 2 Volume: 28 Year: 2024 Keywords: working hour reduction; automation; simple labourers. File-URL: http://www.inderscience.com/link.php?id=140792 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:2:p:187-201 Template-Type: ReDIF-Article 1.0 Author-Name: Marianne M. Rexer Author-X-Name-First: Marianne M. Author-X-Name-Last: Rexer Author-Name: Woojun Lee Author-X-Name-First: Woojun Author-X-Name-Last: Lee Author-Name: Dawn M. Burdsall Author-X-Name-First: Dawn M. Author-X-Name-Last: Burdsall Title: Controls and processes to prevent employees from being bribed by third parties Abstract: This study focuses on employee bribery by third parties and summarises the state of third-party anti-bribery processes and the company's confidence to assess third-party bribery and corruption risks. A qualitative research approach was utilised to interview internal auditors and managers and asks open-ended questions to understand the internal controls in place to prevent or detect the bribery of employees, the internal audit process, and the types of frauds witnessed. The findings show all respondents acknowledge the risk of employee fraud and bribery by third parties and utilise internal audits along with preventive and mitigating controls to manage risks. Based on the findings, we identified themes that mirror the assessment of risk that third parties could bribe employees and the development of controls to limit the employee with or without regard to third parties. Journal: Int. J. of Economics and Business Research Pages: 219-237 Issue: 2 Volume: 28 Year: 2024 Keywords: internal audit; third party; bribery of employees; corruption. File-URL: http://www.inderscience.com/link.php?id=140793 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:2:p:219-237 Template-Type: ReDIF-Article 1.0 Author-Name: Jen Sim Ho Author-X-Name-First: Jen Sim Author-X-Name-Last: Ho Author-Name: Wei Chong Choo Author-X-Name-First: Wei Chong Author-X-Name-Last: Choo Author-Name: Shui Hooi Boon Author-X-Name-First: Shui Hooi Author-X-Name-Last: Boon Author-Name: Cheong Kin Wan Author-X-Name-First: Cheong Kin Author-X-Name-Last: Wan Author-Name: Yuruixian Zhang Author-X-Name-First: Yuruixian Author-X-Name-Last: Zhang Title: The role of implied volatility in volatility combining forecasts Abstract: This study explores the role of implied volatility (IV) in volatility combining forecasts for S&P 500 and DAX markets. A range of GARCH models, <i>ad hoc</i> models and STES models were developed to identify the best performing model that served as a base model for subsequent combining process, of which GJRGARCH model appeared to be the superior model among all the individual models. A total of eight combining models based on Bates and Granger as well as Granger and Ramanathan theories were designed to examine the efficiency of IV in the volatility combining forecasts. The empirical results suggest that IV improves the predictive power of volatility combining forecasts, but the assigned weights were seen less inclined to IV. The inclusion of constant and unconstrained models performed the best. Besides, the study has also addressed the robustness of STES models in volatility forecasts. MCS tests were conducted and further reinforced the superiority of the empirical results. Journal: Int. J. of Economics and Business Research Pages: 171-186 Issue: 2 Volume: 28 Year: 2024 Keywords: implied volatility; volatility combining forecasts; GARCH; smooth transition exponential smoothing; STES. File-URL: http://www.inderscience.com/link.php?id=140794 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:2:p:171-186 Template-Type: ReDIF-Article 1.0 Author-Name: Must. Ayesha Shahrin Author-X-Name-First: Must. Ayesha Author-X-Name-Last: Shahrin Author-Name: Saeed Sazzad Jeris Author-X-Name-First: Saeed Sazzad Author-X-Name-Last: Jeris Title: The interaction among FDI, trade openness, and economic growth in Asian economies Abstract: This research analyses the correlation between foreign direct investment, trade openness, and economic growth in ten Asian nations from 1980 to 2019. ARDL bound and Granger causality tests have been utilised to evaluate both the short-run and long-run correlations among foreign direct investment, trade openness, and economic growth. The findings show that foreign direct investment and trade openness influence the growth of all economies in the long run except for the Philippines, Thailand, and Singapore. Trade openness and foreign direct investment are also crucial to boosting the economy in the short term. Also, trade openness has a short-term casual correlation with economic growth in Bangladesh, China, and Thailand, where the trade of the Korea Republic, Singapore, and Hong Kong largely depends on GDP growth in the short run. However, trade openness does not have a long-run association with economic growth in Asian countries apart from Thailand and Hong Kong. Journal: Int. J. of Economics and Business Research Pages: 202-218 Issue: 2 Volume: 28 Year: 2024 Keywords: economic growth; foreign direct investment; trade openness; ARDL; bound test; Granger causality; FDI. File-URL: http://www.inderscience.com/link.php?id=140795 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijecbr:v:28:y:2024:i:2:p:202-218