Kishore Kumar Das, Shalini Patnaik
The COVID 19 brings a major transformation in every sector of business. Most of the business sector are worst affected during this pandemic period. Successful sustainable business strategy in the post pandemic period only can help revival of the business. The post pandemic has many consequences for instance pay cuts and layoffs etc. all the business sector in general and banking sector in particular. The financial services will be globally reformed at an unacceptable level across the world. Government across the world after 2008 crisis had made major financial reforms for greater transparency of transactions and reduce risk in order to make financial services more safer. Many banking sectors worldwide are going to reform their bank structure. The present study relates to giant multinational bank operating across globe HSBC under consideration. The post pandemic revival strategy HSBC is committed to implement its restructuring plan considering market structure, tax transparency, capital and liquidity. HSBC bank reported 48% fall in profit before taxes in Q1 2020 as compared to the last year. HSBC disclose declines of revenue in three major segments that is adjusted pre-tax profit collapsed by 84% in retail banking and wealth management, 70% in commercial banking business and 35% in global banking and market segment.
Abderraouf Mtiraoui
The COVID 19 brings a major transformation in every sector of business. Most of the business sector are worst affected during this pandemic period. Successful sustainable business strategy in the post pandemic period only can help revival of the business. The post pandemic has many consequences for instance pay cuts and layoffs etc. all the business sector in general and banking sector in particular. The financial services will be globally reformed at an unacceptable level across the world. Government across the world after 2008 crisis had made major financial reforms for greater transparency of transactions and reduce risk in order to make financial services more safer. Many banking sectors worldwide are going to reform their bank structure. The present study relates to giant multinational bank operating across globe HSBC under consideration. The post pandemic revival strategy HSBC is committed to implement its restructuring plan considering market structure, tax transparency, capital and liquidity. HSBC bank reported 48% fall in profit before taxes in Q1 2020 as compared to the last year. HSBC disclose declines of revenue in three major segments that is adjusted pre-tax profit collapsed by 84% in retail banking and wealth management, 70% in commercial banking business and 35% in global banking and market segment.
Djatang Yawouo Thierry Joël
The objective of this article is to assess the contribution of Information and Communication Technologies (ICTs) to improving the performance of Cameroonian MFIs. To achieve this, data was collected from 88 MFIs through a survey by the use of questionnaires. Main Component Analysis, correlation testing and the Ordinary Least Squares (OLS) method were used. The results obtained show that, in terms of ICT, the use of several computers, an internet connection and an intranet within the company can enhance the MFI's social performance. Furthermore, then the existence of a website does not favour financial performance, with the overall performance, it is rather an asset in the same way as the intranet. These results highlight the need to strengthen access to the commercial internet.
Georgia Broni, John Velentzas, Nikos Kartalis and Athanasios Zissopoulos
Marketing Ethics is an area of applied ethics which deals with the moral principles behind the operation and regulation of marketing. Marketing Ethics refer to making marketing decisions that are morally/ethically right. Marketing Ethics is strategic consideration in organizational decisions. Decisions taken in an organization (like Mc Donalds) can be taken by individuals or groups (corporations), but everyone has to be influenced by culture. Everyone must decide how to act.Ethical decisionmaking can helpfully be thought of as a matter of marketing tactic/strategy. As a methodology of quality (and not only quantity), communication in crisis gets a new form and takes a different meaning.
Jessy Mama
The Journal is an open access publisher in the fields of theoretical, empirical and experimental papers that significantly contribute to the disciplines of Telecommunications, Currency, Life marketing, Inflation, Stock Exchange, Exchange Rate, Investment, Marketing Management, Economics of Standards, Modern Inputs, Technological Change, Microfinance, etc
Florian Follert *, Chantal Naumann and Lutz Thieme
Like every other human being, scientists also have to allocate their scarce resources of time and production according to personal preferences. Today’s scientific system is dominated by different (external) incentives that influence a researcher’s decisions. With respect to the individual research strategy, there seems to be a conflict between scientific rigor and practical relevance. In addition, only certain scientific results actually find their way into the general public.We assume therefore that the use of virological and economic expertise are two different forms of reception of science by another social sphere. If our assumption is correct, the question arises as to how such rules of reception are formed and stabilized. This question will be investigated in the present paper. With regard to his or her publication strategy, the scientist therefore has to decide interdependently. Based on the economic approach in general, and Gary S. Becker’s theory of time allocation specifically, we develop a simple model to explain scientific decision-making behavior. We derive several implications with regard to a strategy on time allocation in research processes, and thus contribute to a better understanding of scientific decision-making processes. In our paper, we concentrate on the general conditions in (business) economics, but the findings can also be applied to other (human) sciences.In order to be as up-to-date as possible, we take an additionallook at the role of science in the current COVID-19 crisis as well.
Evans Kirui*, Perez O. Onono and Joseph M. Muniu
The objective of this study was to establish the determinants of utilization of mobile money services by micro and small enterprises in Kenya. In the study, 2016 Micro, Small and Medium Enterprises establishment data set by Kenya National Bureau of Statistics was used. To establish the determinants of utilization of mobile money services by firms in Kenya, heteroskedastic probit model was estimated. The results of the study indicated that group membership, gender, credit access, education, mobile phone ownership, radio ownership, registration of business, number of business units and total number of employees determined utilization of mobile money services. The study recommended the need for the government through the regulatory authorities and mobile money services providers to design supportive policies that would scale up the utilization of mobile money services to more financially excluded MSEs in Kenya, specifically through addressing the infrastructural constraints in rural areas, outreach services, and other incentives that would encourage more uptakes of mobile money services
Getaye Gizaw
This Research was conducted to examine the determinant of agricultural productivity in Doba woreda. The objective of the study was to identify the major determinants of agricultural productivity in the study area. In order to achieve this objective, the study used both primary and secondary source of data. The primary data was collected through questionnaires and interviews. The secondary data was collected from agricultural office of the woreda and from other documents. The sampling technique was random sampling method with sample size of 100 respondents. The collected data was analyzed and interpreted using descriptive statistics. The majority farmers of the woreda live with large family size, small and fragmented land, large number of illiteracies, use traditional method of farming, and low female participation in the agricultural activities which lead agricultural productivity low. To avoid such problems, the woreda administration should be provide subsidy, credit with low interest rate, give training to illiterate to the farmers and also appreciate to use irrigation to avoid rainfall uncertainty.
MD Showgat Jahan Shourave
FDI inflows in Bangladesh have been increasing at a faster rate for the past few years. This paper examines the impact of FDI on the county’s export, employment
generation, and gross domestic product (GDP). This paper found FDI has a positive relationship with the export sector while incoming FDI has not any positive effect on
employment generation. It has also been observed that local private investment has a greater impact on the GDP growth of the Bangladeshi economy than FDI. There is
also inequality between sectors in terms of FDI inflows. The manufacturing and power sector attracting higher FDI whereas agriculture, services, trade and commerce are
neglected. It is important to mention that barriers such as weak infrastructure, low skilled labour force and labour unrest, social and political instability discourage foreign
investors from investing in the country. So, it is time to pay attention to these problems and search for remedies to attain a higher level of FDI.
Majid Shamshiri Bavili
Today, company start-ups are constantly paying attention to meeting customer demand to protect their competitive advantage over their competitors. This research tested
four hypotheses on the relationship of strategic purchasing to supply chain management. The hypotheses were tested with a survey of purchasing executives and the results
were analyzed using a regression analysis. All of the hypothesized relationships were supported. The results indicate that strategic purchasing is positively related to supplier
responsiveness, changes in the supplier market, supplier communication and the firm’s performance. Managerial and research implications are discussed
Nwabueze Prince Okenna
The economic significance and benefits of foreign trade also known as international trade to the economies of developing countries cannot be over emphasized. Its role and
contributions to the gross domestic earnings, employment generation, economic development, and poverty reduction in these underdeveloped countries such as Nigeria,
Ghana, Benin Republic, and others have been too glaring especially in agrarian economies with fertile arable land.The main aim of this paper is to examine in-depth the
contributions and relationship between international trade and economic development of developing African countries.It further recommends that stringent macroeconomic
policies should be formulated that would encourage and increase the multiplier effect of these foreign trades. Part of these policies is targeted towards exchange rates, tariffs,
import and export duties, subsidies, and actions that would promote international trade.The research further concludes that foreign trade is a key macroeconomic driver in
any economy which needs to be encouraged in developing African countries as their multiplier effects have the potentials of driving the needed development goals of these
nations. And for this to be achieved, these nations must come up with workable localized macroeconomic policies that suit and drive their interest as against borrowed
economic policies from the developed European and Asian nations. This study made use of time series secondary data obtained from the World Bank (WDI) and the United
Nations Conference on Trade and Development (UNCTAD) of developing African countries for a period between 2000 and 2019. A forecast of 15 years was also initiated
using these data to provide a long-term insight into the benefits of these trading activities on the GDP of developing countries.
Louai Ghazieh
There are indisputable differences between corporate governance systems in different countries. Debates exist about which system is the most efficient. The objective of this paper is to determine whether national governance systems are converging toward a particular (optimal) system of corporate governance.
Amanu Daba Waktola
To make private investment more attractive, most African countries have liberalized market and attempted to create enabling environment in recent decades. Ethiopia,
like many African countries, took some steps towards liberalizing market and the macroeconomic regime as well as introducing some measures aimed at improving the
investment regulatory framework. This study analyses the determinants of private investment in Ethiopia using a time series analysis over the period of 1975 to 2009.
The study gave an extensive account of the theoretical explanation of private investment as well as reviewing the policy regimes, the investment regulatory framework
and institutional set up in the country over the study period. It also undertakes empirical analysis to establish the determining factors of private investment in Ethiopia.
Our findings show that growth rate of real GDP, availability of credit, and public investment among others, have positive impact on private investment. On the other hand,
macroeconomic instability (liberalization), lending rate, and consumer price index (CPI) have negative impact on private investment. The results suggest that policies that
address only some components of macroeconomic instability may not be enough to revive private investment. Thus, the findings imply that liberalization of the market and
regulatory regimes, stable macroeconomic and political environment, and major improvements in infrastructure are essential to attract private investors to Ethiopia
Arpita Bhattacharjee
In this study, we present evidence of the effects of corruption on public investment and revenue in Nigeria. We find that corruption distort the entire decision process associated with public investment. The evidence we presented shows that higher corruption increase higher public investment. We could not conclude on the effect corruption has on public revenue in Nigeria due to the insignificant of the coefficient of corruption in our model. In addition, we present evidence of efforts by Nigeria government to tackle corruption over the years. While we accept that achievement in this area had been made, we emphasize the need for more collaborative efforts by all stakeholders to effectively tackle corruption in Nigeria.
Dima AL-Hinn and Mohammad J Adaileh
Purpose: This research seeks to present a theoretical model about the role of e-business in firm performancetaking into consideration the impact of the mediators “collaboration with customer and collaboration with competitors”.
Design: The study was conducted in manufacturing sectors in Jordan. The researcher used the exploratoryfactor analysis in the first phase of the analysis. A total of 66 questionnaires were distributed and considered for pilottesting. In the second phase, confirmatory factor analysis was conducted to validate the measurement scale. Theresearcher distributes 178 questionnaires and used to validate the measurement scale. Then the researcher usedstructural equation modelling to investigate the relationship between the dimensions, and to measure the impact ofe-business on firm performance, impact of supply chain collaboration on e-business and firm performance.
Finding: Based on final results of this research, e-business doesn’t have a significant impact on firm performance,the assumption of the mediating effect of collaboration with customers on e-business and firm performance wasrefused, in the other side it was accepted for collaboration with competitors mediate the relationship betweene-business and firm performance.
Practical Implication: The study presents suggestion and recommendation for managers in Jordanian’smanufacturing sectors that may be helpful to use e-business effectively to improve the organizational performanceby collaboration with customers and competitors. The researchers recommends that the future researches shouldinclude other types of collaboration such as retailers, suppliers, etc., also should include other sectors such asservices, other industries, telecommunications, etc.
Originality: The paper considered as the first in Jordanian e-business supply chain environment, whichwitnessing accelerated growth in investment in e-business and using of collaborative techniques to support the workof business partners across the supply chains. The study provided a valid and reliable measurement scale adaptedto the Jordanian environment and built a framework for effective collaboration within supply chain.
Sheng Ge, Hua Liu and Xuejie Ha
The successful implementation of local government debt replacement is of great significance and the solution to the problem of local government debt in China. However, local government debt replacement poses characteristics of fiscal risks financially. These risks will not only affect the implementation effect of local debt replacement, but will further influence the security and stability of our financial system. In this paper, based on the risk of local government debt replacement, evolutionary game theory is used as the analysis tool together with an evolutionary game model to build the local government debt management audit. The paper analyzes the evolution stability of the main strategies of both the local government and the commercial banks. Through a "scene-response" concept derived from the computational experiment method, the computational experiment method is used to simulate the initial probability of different strategies as a result of the evolutionary game model. It is found that improving the auditing mechanism and improving the effects of risk management can greatly shorten the time for government departments and commercial banks to change to the positive strategy of debt replacement. Finally, this paper puts forward the audit governance policy combination of debt exchange risk from three aspects: supervision responsibility, evaluation efficiency and information transparency.
Ilgar Rajabov and Vugar Mammadzada
