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International Journal of Economics and Business Research
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http://www.inderscience.com/browse/index.php?journalID=310&year=2024&vol=27&issue=2
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Economic determinants of the crisis phenomena in modern Russia: an endogenous and exogenous approach
http://www.inderscience.com/link.php?id=136493
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.
Economic determinants of the crisis phenomena in modern Russia: an endogenous and exogenous approach
Alla B. Meshcheryakova; Tatiana A. Sapunova; Andrey V. Sapunov; Samvel S. Malkhasyan; Elina R. Rafikova
International Journal of Economics and Business Research, Vol. 27, No. 2 (2024) pp. 175 - 198
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.]]>
10.1504/IJEBR.2024.136493
International Journal of Economics and Business Research, Vol. 27, No. 2 (2024) pp. 175 - 198
Alla B. Meshcheryakova
Tatiana A. Sapunova
Andrey V. Sapunov
Samvel S. Malkhasyan
Elina R. Rafikova
Academy of Marketing and Social and Information Technologies-IMSIT (Krasnodar), 350010, Krasnodar, Zipovskaya str., 5, Russian Federation ' Academy of Marketing and Social and Information Technologies-IMSIT (Krasnodar), 350010, Krasnodar, Zipovskaya str., 5, Russian Federation ' Academy of Marketing and Social and Information Technologies-IMSIT (Krasnodar), 350010, Krasnodar, Zipovskaya str., 5, Russian Federation ' Academy of Marketing and Social and Information Technologies-IMSIT (Krasnodar), 350010, Krasnodar, Zipovskaya str., 5, Russian Federation ' Academy of Marketing and Social and Information Technologies-IMSIT (Krasnodar), 350010, Krasnodar, Zipovskaya str., 5, Russian Federation
economic crisis
causes of the crisis
overproduction
endogenous approach
exogenous approach
Russia
2024-02-05T23:20:50-05:00
Copyright © 2024 Inderscience Enterprises Ltd.
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Reforms and political instability in attracting foreign direct investment: a simultaneous equations approach
http://www.inderscience.com/link.php?id=136495
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.
Reforms and political instability in attracting foreign direct investment: a simultaneous equations approach
Walter Morales; Javier Barbero; Fernando Ubeda
International Journal of Economics and Business Research, Vol. 27, No. 2 (2024) pp. 199 - 215
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.]]>
10.1504/IJEBR.2024.136495
International Journal of Economics and Business Research, Vol. 27, No. 2 (2024) pp. 199 - 215
Walter Morales
Javier Barbero
Fernando Ubeda
Universidad Autónoma de Madrid, Madrid, Spain ' Universidad Autónoma de Madrid, Madrid, Spain ' Universidad Autónoma de Madrid, Madrid, Spain
simultaneous equations
political instability
foreign direct investment
FDI
reforms and economic growth
2024-02-05T23:20:50-05:00
Copyright © 2024 Inderscience Enterprises Ltd.
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215
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Data envelopment analysis for decision-making units: a comparison of the relative efficiency of banks in the Kingdom of Bahrain
http://www.inderscience.com/link.php?id=136492
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.
Data envelopment analysis for decision-making units: a comparison of the relative efficiency of banks in the Kingdom of Bahrain
Minwir M. Al-Shammari; Mohamed Sayed Abou Elseoud
International Journal of Economics and Business Research, Vol. 27, No. 2 (2024) pp. 216 - 235
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.]]>
10.1504/IJEBR.2024.136492
International Journal of Economics and Business Research, Vol. 27, No. 2 (2024) pp. 216 - 235
Minwir M. Al-Shammari
Mohamed Sayed Abou Elseoud
College of Business Administration, University of Bahrain, Kingdom of Bahrain ' College of Business Administration, University of Bahrain, Kingdom of Bahrain
Islamic banks
conventional banks
data envelopment analysis
DEA
CCR
BBC
relative efficiency
comparative efficiency
Bahrain
2024-02-05T23:20:50-05:00
Copyright © 2024 Inderscience Enterprises Ltd.
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Genders and sexual harassment: the perceptions of Vietnamese employees via a sexual experience questionnaire
http://www.inderscience.com/link.php?id=136494
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.
Genders and sexual harassment: the perceptions of Vietnamese employees via a sexual experience questionnaire
Xuan Quyet Pham; Viet Tien Ho
International Journal of Economics and Business Research, Vol. 27, No. 2 (2024) pp. 236 - 255
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.]]>
10.1504/IJEBR.2024.136494
International Journal of Economics and Business Research, Vol. 27, No. 2 (2024) pp. 236 - 255
Xuan Quyet Pham
Viet Tien Ho
School of Management, University of Economics Ho Chi Minh City, 59C Nguyen Dinh Chieu Street, Ward Vo Thi Sau, District 3, Ho Chi Minh City, Vietnam ' Graduate School, University of Economics Ho Chi Minh City, 59C Nguyen Dinh Chieu Street, Ward Vo Thi Sau, District 3, Ho Chi Minh City, Vietnam
sexual harassment
genders
Vietnamese employees
sexual experience questionnaire
SEQ
2024-02-05T23:20:50-05:00
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255
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The returns to field of study in the Turkish labour market: a pseudo-panel approach
http://www.inderscience.com/link.php?id=136491
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.
The returns to field of study in the Turkish labour market: a pseudo-panel approach
Bilge EriÅ Dereli
International Journal of Economics and Business Research, Vol. 27, No. 2 (2024) pp. 256 - 268
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.]]>
10.1504/IJEBR.2024.136491
International Journal of Economics and Business Research, Vol. 27, No. 2 (2024) pp. 256 - 268
Xuan Quyet Pham
Viet Tien Ho
Department of Economics, Marmara University, Goztepe Campus, Office No. 114 Ä°stanbul, Turkey
returns to college major
pseudo-panel
Turkey
2024-02-05T23:20:50-05:00
Copyright © 2024 Inderscience Enterprises Ltd.
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268
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A novel approach to consumer loyalty: a case study of hospitality service organisations among generations X and Y
http://www.inderscience.com/link.php?id=136497
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.
A novel approach to consumer loyalty: a case study of hospitality service organisations among generations X and Y
Mei Kei Leong; Kamelia Chaichi
International Journal of Economics and Business Research, Vol. 27, No. 2 (2024) pp. 269 - 293
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.]]>
10.1504/IJEBR.2024.136497
International Journal of Economics and Business Research, Vol. 27, No. 2 (2024) pp. 269 - 293
Mei Kei Leong
Kamelia Chaichi
School of Management and Marketing, Faculty of Business and Law, Taylor's University, Malaysia ' Business School, Queen Margaret University, Edinburgh, UK
consumer loyalty
consumer involvement
consumer online engagement
airlines
hotels
hospitality industry
2024-02-05T23:20:50-05:00
Copyright © 2024 Inderscience Enterprises Ltd.
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293
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Credit risk and bank specific factors: an empirical study using panel GMM
http://www.inderscience.com/link.php?id=136496
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.
Credit risk and bank specific factors: an empirical study using panel GMM
Renuka Sharma; Kiran Mehta
International Journal of Economics and Business Research, Vol. 27, No. 2 (2024) pp. 294 - 309
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.]]>
10.1504/IJEBR.2024.136496
International Journal of Economics and Business Research, Vol. 27, No. 2 (2024) pp. 294 - 309
Renuka Sharma
Kiran Mehta
Chitkara Business School, Chitkara University, Punjab, India ' Chitkara Business School, Chitkara University, Punjab, India
credit risk
bank-specific factors
dynamic panel GMM regression
Indian bank
2024-02-05T23:20:50-05:00
Copyright © 2024 Inderscience Enterprises Ltd.
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309
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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
http://www.inderscience.com/link.php?id=136498
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.
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
Viral Bhatt; Sujo Thomas; Dhruti Chauhan; Ritesh Patel
International Journal of Economics and Business Research, Vol. 27, No. 2 (2024) pp. 310 - 323
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.]]>
10.1504/IJEBR.2024.136498
International Journal of Economics and Business Research, Vol. 27, No. 2 (2024) pp. 310 - 323
Viral Bhatt
Sujo Thomas
Dhruti Chauhan
Ritesh Patel
Sal Institute of Management, Gujarat Technological University, Opp Science City, Bhadaj, Ahmedabad, India ' Amrut Mody School of Management, Ahmedabad University, East Campus, Navrangpura, Ahmedabad, India ' Gujarat Technological University, Ahmedabad, India ' Sanjivani College of Engineering, Savitribai Phule Pune University, India
organisation culture
personal-job fit
employee engagement
turnover intention
IT sector
India
2024-02-05T23:20:50-05:00
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323
2024-02-05T23:20:50-05:00
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Nirvana rebirth, the impact of dynamic absorptive capacity and resource bricolage on dual innovation, and on the interference of improvisation
http://www.inderscience.com/link.php?id=136534
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.
Nirvana rebirth, the impact of dynamic absorptive capacity and resource bricolage on dual innovation, and on the interference of improvisation
Xia Feng; Sze-Ting Chen
International Journal of Economics and Business Research, Vol. 27, No. 2 (2024) pp. 324 - 349
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.]]>
10.1504/IJEBR.2024.136534
International Journal of Economics and Business Research, Vol. 27, No. 2 (2024) pp. 324 - 349
Xia Feng
Sze-Ting Chen
Chinese International College, Dhurakij Pundit University, Bangkok, Thailand ' Chinese International College, Dhurakij Pundit University, Bangkok, Thailand
dynamic absorptive capacity
dual innovation
resource bricolage
improvisation
2024-02-05T23:20:50-05:00
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