scholarly journals Growth of Companies: Empirical Study of the Companies Listed in Developing Economies

2020 ◽  
Vol 4 (2) ◽  
pp. 1-10
Author(s):  
Tariq Tawfeeq Yousif Alabdullah
Keyword(s):  
Developing Economies ◽  
Board Members ◽  
Economic Perspective ◽  
Cross Sectional ◽  
Policy Makers ◽  
The Board Of Directors ◽  
Service Sectors ◽  
The Impact ◽  
Strong Control ◽  
Important Policy Implication

The aim of this study is to investigate the impact of some control determinants on growth of companies as a reflection to an economic perspective. The methodology used in the current study is cross sectional for a sample of companies belonging to industrial and service sectors (non-financial sector) for the year of 2019 in developing economies. We find a positive link between a number of board members and companies’ growth, while leadership position has insignificant link to companies’ growth. This means that an important policy implication should be considered by policy makers and management in the companies to increase numbers of members in the board of directors which is worth towards enhancement of companies’ growth. The value and originality of this study lies in its results that should be taken into account by several interested parties such as the management in the companies who engage in behavior that leads to maintaining strong control determinants, and also the financial analysts who manage studies on control determinants to enhance companies' growth and further the policymakers who design and implement plans of such determinants. 

scholarly journals Corporate Governance And Its Effect On Firm Performance In An Emerging Economy

2022 ◽  
Vol 2 (3) ◽  
pp. 281-291
Author(s):  
Langa Esmael KAREM ◽  
Hawkar Anwer HAMAD ◽  
Hakar Abubakir BAYZ ◽  
Naji Afrasyaw FATAH ◽  
Diary Jalal ALI ◽  
...  
Keyword(s):  
Financial Performance ◽  
Business Processes ◽  
Board Members ◽  
Board Composition ◽  
Return On Assets ◽  
Board Size ◽  
Cross Sectional ◽  
The Impact ◽  
The Relationship ◽  
Board Ownership

Having a board of directors is very important to ensure the smooth running of business processes and have an impact on the company's financial performance. This study to determine the impact of board characteristics namely board size, board ownership and board composition on the financial performance of organizations as measured by Return on Assets. The study employed a descriptive-explanatory research design based on a cross-sectional approach. Correlation and regression analyses were conducted to determine the depth and extent of the relationship between the variables. The study revealed a positive and significant association between the board size and financial performance on an average of 9 board members. Board composition revealed that having more external directors had no effect on the financial performance, it neither increased it nor decreased it, leading to the rejection of the hypothesis. On the other hand, board ownership was found to be beneficial in terms of having directors as owners of the business, corroborating the Stakeholder Theory. The studies showed that there was still a need to select board members with caution striking a balance between the number of directors as well as their composition to ensure that the organization reaps maximum benefits from the board.

Gender and Entrepreneurship in Developing Economies

2019 ◽  
pp. 1-21
Author(s):  
Rob Kim Marjerison
Keyword(s):  
Economic Growth ◽  
Women Entrepreneurs ◽  
Developing Economies ◽  
New Ventures ◽  
Entrepreneurial Activity ◽  
Relative Importance ◽  
Policy Makers ◽  
Entrepreneurship Training ◽  
Global Economic Growth ◽  
The Impact

This chapter begins with a brief exploration of the importance of entrepreneurial activity as a driver of global economic growth. The importance of entrepreneurship in developing economies is examined as are the traits, motivations, and drivers of entrepreneurs and the economic, social, cultural, legislative, and regulatory circumstances that encourage and in some cases discourage entrepreneurial activity. The impact of entrepreneurship training and education on encouraging women entrepreneurs is examined, the relative importance of women entrepreneurs is examined, and emphasis is placed on the relatively greater difficulties that are faced by women entrepreneurs particularly in regards to obtaining funding for starting new ventures. Opportunities are identified that may useful for policy makers, investors, and those that may seek to promote social entrepreneurship and economic growth in developing economies.

Predicting entrepreneurial motivation among university students: The role of entrepreneurship education

2016 ◽  
Vol 58 (7/8) ◽  
Author(s):  
Minoo Farhangmehr ◽  
Paulo Gonçalves ◽  
Maria Sarmento
Keyword(s):  
University Students ◽  
Knowledge Base ◽  
Design Methodology ◽  
Qualitative Interviews ◽  
Entrepreneurship Education ◽  
Cross Sectional Survey ◽  
Cross Sectional ◽  
Policy Makers ◽  
Entrepreneurial Motivation ◽  
The Impact

Purpose This research aims to better understand the main drivers of entrepreneurial motivation among university students and to determine whether entrepreneurship education has a moderating effect on improving the impact of knowledge base and entrepreneurship competencies on entrepreneurial motivation. Design/methodology/approach This study uses a mixed-method approach that combines qualitative interviews and a cross-sectional survey of a sample of 465 university students. Findings The study reveals that entrepreneurship competencies are a predictor of entrepreneurship motivation but that knowledge base is not. Additionally, entrepreneurship education does not improve the motivation of university students to become entrepreneurs. These findings suggest that, to increase entrepreneurial motivation, pedagogy should emphasize the development of students’ entrepreneurial psychological and social skills by covering in particular the emotional dimension and critical thinking. Originality/value This research contributes to the literature on entrepreneurship education and provides strategic recommendations for university managers and education-policy makers.

scholarly journals The governance-performance relationship: evidence from Ghana

2016 ◽  
Vol 17 (3) ◽  
pp. 285-310 ◽  
Author(s):  
Andrews Owusu ◽  
Charlie Weir
Keyword(s):  
Corporate Governance ◽  
Firm Performance ◽  
Fixed Effects ◽  
Developing Economies ◽  
Policy Makers ◽  
Content Type ◽  
Governance Index ◽  
Code Of Corporate Governance ◽  
The Impact ◽  
Post Code

Purpose The purpose of this paper is to investigate the impact corporate governance, measured by a governance index, on the performance of listed firms in a developing economy, Ghana. It also evaluates the effect of the introduction of a code of corporate governance on compliance rates across Ghanaian firms as well as assessing the impact of the code’s introduction on firm performance for the study period 2000-2009. Design/methodology/approach The paper develops a Ghanaian corporate governance index (GCGI) containing 33 provisions to measure corporate governance quality during the pre-code and the post-code sub-periods. The authors use a panel data analytical framework and fixed effects regressions to analyse the governance-performance relationships. Findings After controlling for endogeneity, the authors find a statistically significant and positive relationship between the GCGI and firm performance. The analysis shows evidence of a statistically significant increase in the degree of compliance with the Ghanaian Code from the pre-2003 sub-period to the post-2003 sub-period. The authors also find that the introduction of the code has led to improved firm performance. However, not all elements of corporate governance appear to have a significant effect on firm performance. Research limitations/implications One limitation of this study is the development of a corporate governance index. The binary coding used to construct the GCGI may not reflect the relative importance of the different corporate governance provisions. This means that all elements included in the index are given equal weighting. Future research may assign weights to each of the corporate governance provisions but this may have the disadvantage of making subjective judgements relative to the importance of each corporate governance provision recommended by the Ghanaian Code. Practical implications These results have important implications for both policy makers and companies. For policy makers, it is encouraging for the development of a code of corporate governance to regulate firms rather than enforcing rigid laws that may not be value relevant. For companies, the improvement in compliance with a code of corporate governance can provide a means of achieving improved performance. Originality/value This paper adds to the limited evidence on the governance-performance relationship in developing economies and in particular it analyses the role of a governance index. It is also the first paper to compare the pre- and the post-code governance index-performance relationship in an African or developing country.

scholarly journals FAKTOR-FAKTOR YANG MEMENGARUHI KEPATUHAN PENERAPAN KAWASAN TANPA ROKOK PADA RESTORAN DI KABUPATEN TABANAN: ANALISA REGRESI LOGISTIK

2021 ◽  
Vol 8 (2) ◽  
pp. 254
Author(s):  
Putu Melda Kuswandari ◽  
Ni Made Dian Kurniasari ◽  
Putu Ayu Swandewi Astuti
Keyword(s):  
Response Rate ◽  
Smoking Ban ◽  
Rate Data ◽  
Cross Sectional ◽  
Policy Makers ◽  
Cross Sectional Design ◽  
Response Rate Data ◽  
The Impact ◽  
Restaurant Owners ◽  
Free Area

ABSTRAK Kabupaten Tabanan memberlakukan peraturan kawasan tanpa rokok pada restoran, namun dalam penerapannya masih rendah. Penelitian ini bertujuan untuk mengetahui faktor-faktor yang memengaruhi kepatuhan penerapan KTR oleh pengelola dengan memerhatikan larangan merokok total pada restoran di Kabupaten Tabanan. Penelitian ini merupakan penelitian analitik kuantitatif dengan rancangan crossectional. Sampel penelitian yaitu pengelola restoran yang berada di Kabupaten Tabanan. Besar sampel menggunakan total sampling dengan jumlah 110 restoran, dengan jumlah yang berpartisipasi 87 restoran (79% response rate). Data dianalisis dengan menggunakan regresi logistik. Hasil penelitian menunjukkan bahwa kepatuhan restoran dalam menerapkan larangan merokok total sebesar 26,44%. Faktor yang memengaruhi kepatuhan penerapan KTR yaitu umur pengelola (OR=3,45; 95% CI: 1,10-10,84), pengetahuan pengelola (OR=3,56; 95% CI: 0,96-13,16), sikap pengelola (OR=2,45; 95% CI: 0,72-8,30), serta persepsi dampak bisnis pengelola (OR=4,62; 95% CI: 1,12-19,07) berpeluang meningkatkan kepatuhan KTR. Kepatuhan pengelola restoran di Kabupaten Tabanan terhadap penerapan larangan merokok total relatif rendah. Masih banyak terdapat indikator yang belum terpenuhi dalam implementasi kepatuhan restoran. Perlu adanya dukungan berbagai sektor dalam meningkatkan kepatuhan seperti pengelola, pengunjung, maupun pemerintah sebagai pembuat kebijakan. Kata Kunci: rokok, kepatuhan, KTR, restoran.  ABSTRACT Tabanan regency applied smoke-free by law (SFL) in restaurant but the implementation was still low. This study aimed to determine the factors that influence the compliance of the implementation of smoke-free area by restaurant owners through looking complete smoking ban restaurant in Tabanan Regency. This was a quantitative analytic study with a cross-sectional design. The study samples were restaurant owners/managers in Tabanan Regency. The number of sampling on this study was set by respondent’s rate respond (79% response rate). Data was analyzed using logistic regression. The results showed that the compliance of restaurant manager to total smoking ban was low (26.44%). The factors that influence compliance SFL such as the age of the manager (OR=3.45; 95% CI: 1.10-10.84), the manager's knowledge (OR=3.56; 95% CI: 0.96-13.16), the manager’s attitude (OR=2.45; 95% CI: 0.72-8.30), as well as the perception of the impact of the manager's business (OR=4.62; 95% CI:1.12-19.07) has significantly association with compliance. The compliance of restaurant managers in Tabanan Regency on the implementation of total smoking ban was relatively low. There are still many indicators that have not been fulfilled. There needs concrete support to improving the compliance such as managers, customers, and government as policy makers. Key Words: cigarrete, compliance, smoke-free area, restaurant.

scholarly journals Global vs Sectoral Factors and the Impact of the Financialization in Commodity Price Changes

2020 ◽  
Vol 31 (4) ◽  
pp. 859-879
Author(s):  
Pilar Poncela ◽  
Eva Senra ◽  
Lya Paola Sierra
Keyword(s):  
Developing Economies ◽  
Commodity Prices ◽  
Commodity Price ◽  
Commodity Markets ◽  
Small Scale ◽  
Policy Makers ◽  
Economic Agents ◽  
Short Run ◽  
The Impact ◽  
Predictive Content

Abstract Commodity prices influence price levels of a broad range of goods and, in the case of some developing economies, production and export activity. Therefore, information about future commodity inflation is useful for central banks, forward-looking policy-makers, and economic agents whose decisions depend on their expectations about it. After 2004, we have witnessed the so-called financialization of the commodity markets, which might induce greater communalities among commodity prices. This paper reports evidence on the relevance of the forecasting content of co-movement after 2004. With the use of large and small scale factor models we find that for the short run, in addition to dynamics, sectoral communality has relevant predictive content. For 12 months ahead, dynamics lose relevance while communality remains relevant.

Managing and Planning Technology Usage and Integration in Teacher Education Programs in an Emergent Nation

2015 ◽  
pp. 744-757 ◽  
Author(s):  
Nwachukwu Prince Ololube
Keyword(s):  
Teacher Education ◽  
Informal Education ◽  
Information Technologies ◽  
Developing Economies ◽  
Teacher Education Programs ◽  
Colleges Of Education ◽  
Policy Makers ◽  
Faculties Of Education ◽  
The Impact ◽  
Effective Integration

This chapter explores the impact of the changing context of Information Technologies (ITs) and Information Systems (ISs) on Teacher Education (TE). ITs and ISs have influenced educational philosophy and classroom practices all over the world. Significant technological innovations over the last three decades have altered the environment in which educators operate and profoundly changed the experience of both formal and informal education. The impact and pervasiveness of ITs and ISs have forced traditional Colleges of Education and University Faculties of Education into a period of transition and transformation. Colleges and Faculties of Education have, for example, become sites of branding and rebranding. The policy makers associated with these programs reflexively look to market-based solutions without first giving serious thought to the challenges preventing the effective integration and use of ITs and ISs in TE, particularly in developing economies. Using a theory-based method of analysis, this chapter gathers and analyzes contemporary views and ideas on education and technology. This chapter finds that the impact of ITs and ISs on TE programs in Nigeria has shortchanged these programs. As a result, education consumers and stakeholders are dissatisfied with the slow integration and use of ITs and ISs in government-owned institutions of higher education in general and in TE programs in particular.

scholarly journals Nursing Duty Hours’ Length and the Perceived Outcomes of Care

2018 ◽  
Vol 10 (4) ◽  
pp. 1 ◽  
Author(s):  
Mu'taman Khalil Jarrar ◽  
Hamzah Abdul Rahman ◽  
Abdulaziz M. Sebiany ◽  
Mahdi S AbuMadini ◽  
Hj. Masnawaty S ◽  
...  
Keyword(s):  
Night Shift ◽  
Cross Sectional Study ◽  
Poor Quality ◽  
Care Quality ◽  
P Value ◽  
Cross Sectional ◽  
Policy Makers ◽  
Duty Hours ◽  
Outcomes Of Care ◽  
The Impact

BACKGROUND & OBJECTIVE: Working long shifts are associated with fatigue, medical errors and poor outcomes of care. However, there is a lack of guide that can provide policy-makers the optimal duty length in the Malaysian hospitals. The study aims to investigate the impact of nursing duty hours’ length on the quality and safety of care delivered in the “Medical-Surgical Wards” in Malaysia.METHOD: Cross-sectional study was carried out on 12 private hospitals. Data was collected, through questionnaires, from 652 nurses (61.8 % response rate). Stratified random sampling was used in the study. Regression analyses were conducted to explore the impact of the nursing duty hours’ length on the care quality and safety.FINDINGS: The length of nurses’ duty hours is not significantly affecting care quality (F = 1.27 and P value = 0.28) and patient safety (F = 1.81 and P value = 0.13), at p<0.05 significance level.CONCLUSION: Nurse working in hospitals with 10-hours night shift had perceived poor quality (B=-0.11, t=-1.64, p=0.10); and unsafe care (B=-0.17, t=-2.40, p=0.02). Policy makers in Malaysian hospitals can benefit from the study by restructuring duty hours’ length in their hospital.

scholarly journals Board Power Hierarchy, Corporate Mission, and Green Performance

2019 ◽  
Vol 11 (18) ◽  
pp. 4826 ◽  
Author(s):  
Feiran Dong ◽  
Yongzhen Xie ◽  
Linjun Cao
Keyword(s):  
Negative Influence ◽  
Board Members ◽  
Positive Role ◽  
Relational Contract ◽  
The Board Of Directors ◽  
Green Governance ◽  
The Impact ◽  
Positive Effect ◽  
Power Hierarchy

Green governance is the only way to build a community for humankind with a shared future. Existing research has concentrated more on the macro level rather than the micro level of green governance—the power hierarchy of the governance subjects and its influence on decision-making and the implementation of green governance. The board of directors is the main green governance body, and the consciousness and conducts of the green governance of board members are determined by corporate mission. As a result, we explored the mechanism of the impact of board power hierarchy on green governance performance through the influence of green governance conduct. To interpret this mechanism, we introduced relational contract theory and conducted an empirical analysis. The results show that board power hierarchy negatively affects green governance conduct. Corporate mission restrains the board power hierarchy’s negative influence on green governance conduct, showing that board power structure has a significantly positive effect on green governance performance through the mediator of green governance conduct. Therefore, the positive role of corporate mission is identified.

Doctoring the ball

2017 ◽  
Vol 44 (1) ◽  
pp. 2-23 ◽  
Author(s):  
Christian Daude ◽  
Hamlet Gutierrez ◽  
Angel Melguizo
Keyword(s):  
Political Economy ◽  
Dominican Republic ◽  
Interest Groups ◽  
Developing Economies ◽  
Tax Incentives ◽  
Institutional Framework ◽  
The Political ◽  
Policy Makers ◽  
Content Type ◽  
The Impact

Purpose Tax incentives can be a useful tool to stimulate investment in developing countries. However, interest groups often are able to exert considerable influence in its management, if not its design. The purpose of this paper is to use a power-based approach to the political economy of tax reform to analyse the case of tax incentives for investment in the Dominican Republic. Based on original interviews and a detailed analysis of regulations, the authors study how interest groups work within the institutional framework to seek outcomes that best fit their objectives. However, when unsuccessful, they become powerful advocates of change. These power dynamics have important implications for the design and management of tax incentives in the Dominican Republic and in other developing economies. Design/methodology/approach Case study based on informed interviews with policy makers, lobbyists and researchers combined with statistical and administrative information to test the main hypotheses. Findings While the role of influence groups in creating tax schemes has been widely studied, the authors show that these groups can also have an important role in the administration of the regime and making it more or less open to modifications. The paper shows that the capture of investment incentives has rendered the tax system rigid and unstable in the Dominican Republic, subjecting the public interest hostage to the gain of few. Research limitations/implications Therefore, there is a need to review and reform tax policy, not just from a technical viewpoint, but more importantly altering the political arrangements. More transparency in assessing the impact of these schemes, disclosing information of who has access to tax exemptions and budgeting the tax expenditures can also be tools to increase public control over these instruments. Also, making it more difficult to grant tax incentives, for example by asking for an ex-ante justification and quantification of the externalities supposedly being created would reduce the abuse by power groups of these instruments. Without more balanced and independent leadership, it would be extremely difficult to advance in these fields. Originality/value The literature on the political economy of tax incentives normally focuses on how key actors work around the institutional framework to solve conflict of interests. This paper addresses a complementary – and in the viewpoint equally relevant – aspect of the political economy of tax incentives: once enacted, vested interests have a particular motivation to keep the incentives in place, and therefore the authors should understand how key actors work from within the institutional framework to seek the outcomes that better suit their interests. The analysis focuses on Dominican Republic, based on official data and additional in-depth interviews with policy makers, entrepreneurs and consultants that assist firms with tax and regulation issues.

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