European Journal of Business and Management Research https://ejbmr.org/index.php/ejbmr European Journal of Business and Management Research en-US <p>The names and email addresses entered in this journal site will be used exclusively for the stated purposes of this journal and will not be made available for any other purpose or to any other party.</p> <p>Submission of the manuscript&nbsp;represents&nbsp;that the manuscript has not been published previously and is not considered for publication elsewhere.&nbsp;</p> editor@ejbmr.org (Editor-in-Chief) editor@ejbmr.org (Support Team) Sun, 05 Jan 2020 10:51:03 -0500 OJS 3.1.1.4 http://blogs.law.harvard.edu/tech/rss 60 Banks Credit, Macroeconomic Dynamics and the Performance of Small and Medium Scale Enterprises in Nigeria: A Non-Linear ARDL Approach https://ejbmr.org/index.php/ejbmr/article/view/129 <p>This paper examines the impact of banks credit and macroeconomic dynamics on Small and Medium Scale Enterprises in Nigeria using annual data from 1992 – 2016. The long-run and short-run relationship amongst the variables were examined via the non-linear ARDL model. The Augmented Dickey Fuller (ADF) and Philip Perron’s (PP) test reveals that none of the variables were I(2). The Bounds test to cointegration confirms the existence of a long-run relationship. The non-linear ARDL results suggests that in both long and short-run estimations, that a rise in banks credit, government tax revenue and negative shocks in interest rate, inflation rate and exchange rate will trigger a fall in SMEs performance in Nigeria. Furthermore, it was observed that negative shocks tend to be larger in magnitude than positive ones. This study therefore recommends amongst others, that loans to the small and medium enterprises (SMEs) sector be monitored properly, so as to ensure that such loans are not channelled to other purposes.</p> Peter Ayunku, Gamaliel O. Eweke Copyright (c) 2020 Peter Ayunku, Gamaliel O. Eweke http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/129 Sun, 05 Jan 2020 11:12:35 -0500 Media’s Portrayal of Homosexuality and Rape as a Reflection of Cultural Acceptance? https://ejbmr.org/index.php/ejbmr/article/view/54 <p>The study focuses on media’s portrayal of homosexuality as a reflection of cultural acceptance in the society. The first representation of gay men in the United States to a national audience occurred in 1967 with the airing of a documentary titled “The Homosexuals,” which is filled with harmful, derogatory stereotypes etc. The fact that homosexual characters were mostly guest stars as opposed to leading characters also suggests that gay activist were taking a less radical approach by attempting to improve acceptance of homosexual. In Nigeria, homosexuality is a taboo, abnormal and not accepted. The media can and has with some degree of success helped break down the cultural taboos associated with sensitive sexual topics and bridge some gaps in our sexual knowledge. The paper adopted empirical secondary data, and employed cultivation theory. It proved that the media have power in shaping people’ believe and perception, and can form or modify the public opinion in different ways depending on what the objective is. For example, Pakistani media influenced the opinion against the Taliban in Swat by repeated telecast of a video clip showing whipping of a woman by a Taliban. Before that, the public opinion over the military action against the Taliban was divided, but repeated telecast of this short video clip changed the public opinion overnight in favor of the government to take action. The paper recommended that the media should take a firm stand, not playing two-edge sword on&nbsp; the reportage of homosexuality, and should remain a ‘watchdog’ and the ‘mirror’ of the society.</p> Tina C. Touitou Copyright (c) 2020 Tina C. Touitou http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/54 Sun, 05 Jan 2020 11:54:45 -0500 Electronic-Acquisition Software’s Key Factors And Subsequent Impact: Points Of View From User’s https://ejbmr.org/index.php/ejbmr/article/view/177 <p>Electronic-Acquisition Software’s&nbsp; implies the usage of data and correspondence advances utilizing the Internet to do all phases of the Procurement procedure. The greater part of the organizations execute this new arrangement of Electronic-Acquisition Software’s&nbsp; and they are succeeding while many come up short. This examination was completed on surveying Electronic-Acquisition Software’s&nbsp; achievement factors among some Steel Companies of Pakistan. The target of the examination decides the achievement factors impacting the accomplishment of Electronic-Acquisition. This investigation included a semi-organized meeting from the acquirement administrators of chose associations for the distinguishing proof of accomplishment factors in their associations. Expressive methodology was embraced to locate the significant components that impact the accomplishment of Electronic-Acquisition Software’s&nbsp; , from eight organizations a sample size of (150) respondents took an interest for the quantitative information assortment through a study survey. SPSSv22 is utilized to break down the gathered information and different examination are performed. It is uncovered from the examination that the entirety of the associations have embraced Electronic-Acquisition Software’s&nbsp; with rehearses like e-sourcing, notice and offering on the web offer accommodation and proposition accommodation however because of uneducated market and feeling awkward in utilizing new framework at provider/merchant end a portion of the practices are not begun like e-installments.</p> Rehan Khalique, Muhammad Asim, Salman Manzoor Copyright (c) 2020 Rehan Khalique, Muhammad Asim, Salman Manzoor http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/177 Wed, 08 Jan 2020 01:49:45 -0500 Assessing Regional Finance Independence in Indonesian Local Governments https://ejbmr.org/index.php/ejbmr/article/view/178 <p>This study aims to identify the effects of local tax, tax revenue sharing, special allocation fund, and capital expenditure on the regional finance independence in Indonesia’s local governments.&nbsp; This study uses all districts/cities within the Central Java as a sample. The sample identification uses the purposive sampling method. Secondary data used in this study originates from the report of examination of the local government financial report and the summary of examination published per semester by the national audit board of the Republic of Indonesia. A total of 161 samples were retrieved, resulting in a total of 175 samples. The hypothesis testing was done using the multiple linear regression analysis method. The results of this research show that local tax, tax revenue sharing revenue, has a significant relationship on the regional finance independence in Indonesia’s local governments. While, allocational fund and capital expenditure does not have a relationship on the regional finance independence in Indonesia’s local governments.</p> Ermawati Ermawati, Khoirul Aswar Copyright (c) 2020 Ermawati Ermawati, Khoirul Aswar http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/178 Wed, 08 Jan 2020 13:47:38 -0500 The Effect of Stress and Work Overload on Employee’s Performance: A Case Study of Public Sector Universities of Khyber Pakhtunkhwa https://ejbmr.org/index.php/ejbmr/article/view/176 <p>The purpose of this research was to study the effect of stress and work overload on employee’s performance of various public sector universities of Khyber Pakhtunkhwa. For this study, the province of Khyber Pakhtunkhwa was selected firstly and five (05) different public sector universities were designated for the analysis. The study was quantitative and for this purpose. The collected data was analyzed with the help of statistical package for social sciences (SPSS). Using Correlation Analysis the relation between the variables was found which illustrated that both the independent variables (Stress and Work Overload) were negatively related to the dependent variable (Employee’s Performance). The Regression analysis tool was used to check the effect of both independent variables (Stress and Work Overload) on the dependent variable (Employee’s Performance). The results gave clear evidence that if the employees are stress due to any reason either internal or external and are overburdened, uncomfortable in their job, their performance towards the organization will be low which ultimately will make hurdles in achieving organizational objectives.&nbsp;</p> Fahad Ikram Ul Haq, Aftab Alam, Syed Sardar Ul Mulk, Farah Rafiq Copyright (c) 2020 Fahad Ikram Ul Haq, Aftab Alam, Syed Sardar Ul Mulk, Farah Rafiq http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/176 Wed, 08 Jan 2020 14:14:29 -0500 Impact Of Islamic Work Ethics, Competencies, Compensation, Work Culture On Job Satisfaction And Employee Performance: The Case Of Four Star Hotels https://ejbmr.org/index.php/ejbmr/article/view/181 <p>The purpose of this study was to analyze the influence of the Islamic work ethic, competencies, compensation and work culture on the job satisfaction of four-star hotel employees, analyze the influence of the Islamic work ethic, competencies, compensation and work culture on the four-star hotel employees performance, analyze the effect of job satisfaction on four-star hotel employee performance, and analyze the influence of the Islamic work ethic, competencies, compensation and work culture through job satisfaction on the four-star hotel employees performance. The study was conducted in 20 four star hotels in South Sulawesi with a population of 2,491 hotel employees. A sample of 345 respondents used the Slovin formula. Data from the questionnaire were analyzed using the Structural Equation Model using AMOS 18. The results of the study found that directly, there were nine hypotheses that gave a positive and significant influence, namely; Islamic work ethic, competencies, compensation and work culture for employees job satisfaction, furthermore Islamic work ethic, competencies, compensation and work culture for four-star hotel employee satisfaction and performance. Indirectly, there is one hypothesis that provides a positive and significant influence, namely the Islamic work ethic through job satisfaction on the four-star hotel employees performance. Indirectly, there are also three hypotheses that are found that provide positive and insignificant influences, namely competence, compensation and work culture through job satisfaction on the four-star hotel employees performance. Overall, either directly or indirectly provide a dominant influence is positive and significant, is a hypothesis first, fifth and tenth, the variable Islamic work ethic positive and significant impact on job satisfaction and employee performance, seen from the total effect and probability value that is greater than the other hypotheses.</p> Darwis Saban, Salim Basalamah, Achmad Gani, Zainuddin Rahman Copyright (c) 2020 Darwis Saban, Salim Basalamah, Achmad Gani, Zainuddin Rahman http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/181 Thu, 09 Jan 2020 01:05:51 -0500 Monitoring and Evaluation Work Plan on Provision of Curative and Preventive Tuberculosis Healthcare Services in Institutions of Public Health in Kisumu County, Kenya https://ejbmr.org/index.php/ejbmr/article/view/175 <p>This research was focused on assessing how monitoring and evaluation work plan influence provision of curative and preventive tuberculosis healthcare practices in institutions of public health in Kisumu County, Kenya. The study unit of analysis was public health institutions that practice M&amp;E system on provision of health care services. The target population consisting of doctors, M&amp;E officers, clinical officers, nurses and patients in four public health institutions in Kisumu county, Kenya. The study was guided by pragmatism paradigm. A descriptive survey research design was employed to collect both quantitative and qualitative data and correlational design was used to test the hypothesis. A sample of 221 respondents was selected from a population of 517 using stratified random sampling. A structured questionnaire with both open and close ended with Likert type on 1-5 five point scale and interview schedule was used to collect data. A descriptive survey research design was employed to collect both quantitative and qualitative data and correlational design was used to test the hypothesis. Quantitative data was analyzed using descriptive and inferential statistics and data presented in frequency tables using means and standard deviations while qualitative data was presented in in narrative statements. Hypothesis was tested using linear regression at 0.05 level of significance to determine the degree and direction of relationships among variables. The study attained reliability of instruments using Cronbach Alpha coefficient of 0.735 for all items implying that the instrument was reliable. The results indicated that showed that M&amp;E work plan regression was (r<sup>2</sup>=0.028, p&lt;0.05). The study results indicated that present results for quantitative data based on composite mean score of 3.90 and 0.447 standard deviation for this variable. M&amp;E system therefore, contributes significantly to the effective provision of curative and preventive tuberculosis health care services in public health institutions. &nbsp;</p> John Odhiambo Oluoch, Charles M. Rambo, Pokhariyal Ganesh Copyright (c) 2020 John Odhiambo Oluoch, Charles M. Rambo, Pokhariyal Ganesh http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/175 Thu, 16 Jan 2020 02:14:17 -0500 The Strategy Of Developing New Products: A Requisite For The Development And Survival Of The Businesses https://ejbmr.org/index.php/ejbmr/article/view/188 <p>This article refers to the procedure of producing new products. In an era in which financial crisis has limited the available resources of businesses it is especially useful for the business to produce products which will be able to support it in its goal to maintain its market share. In this project, the case of the <strong>Ohonos Snack S. A.</strong> Company was examined. This company belongs to the field of snacks and it mainly operates in Northern Greece and the Balkans.</p> <p>Having used the selected research method –<strong>Panizzolo et al. (2010) </strong>model- the ways of improving production and the assurance of the suitable conditions for introducing a product in the market were presented.</p> <p>The research, which was conducted through interviews, showed that the procedures mentioned in the bibliography are followed to a great degree. This means that the suggestions to the company are mainly related to its being able to have a both economical and efficient process.</p> <p>The goal of this research is to investigate the strategy of developing new products and if it contributes to the development of the businesses’ competition and their survival in the present-day hard competitive market.</p> <p>The conclusions drawn showed that the introduction of new products has proved to be a powerful tool of strategy the industry has in order to maintain a large market share.</p> Ioanna Georgios Dimitrakaki Copyright (c) 2020 Ioanna Georgios Dimitrakaki http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/188 Fri, 24 Jan 2020 12:15:13 -0500 The Resolution of Tax Disputes and International Tax Arbitration https://ejbmr.org/index.php/ejbmr/article/view/174 <p>Globalisation and the digital economy have revolutionised the world’s markets and international transactions, some of which manage to escape national jurisdictions and bilateral treaties between States. With the lack of multilateral agreements, certain taxpayers, multinationals in particular, have managed to slip through the net of individual countries’ tax regulations and been able to reduce their tax payments. To resolve tax disputes between taxpayers and States, with the chief goals of avoiding double taxation and not being subject to any tax jurisdiction, a number of multilateral measures have been instituted, including—amongst other mechanisms—binding international tax arbitration proceedings. The OECD and the EU are fostering the implementation of such measures, whose goal is to prevent tax avoidance and achieve a fair spread of tax burdens on an international level.</p> Benja Anglès Juanpere Copyright (c) 2020 Benja Anglès Angles http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/174 Fri, 24 Jan 2020 00:00:00 -0500 Theoretical Bases and Methodological Conditions for Organizing Public Procurement https://ejbmr.org/index.php/ejbmr/article/view/191 <p>The article discusses the types of public procurement and their differences. In this regard, the findings of scientists in their scientific works are studied and the author’s authoritative approach is described. As a result of the research, scientific recommendations and recommendations were developed.</p> Tulkin Atamurodov Tuymurodocivh Copyright (c) 2020 Tulkin Atamurodov Tuymurodocivh http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/191 Wed, 29 Jan 2020 17:07:40 -0500 Behavioural Finance; a Concept or Catalyst Explaining Distortions in Investment Decision https://ejbmr.org/index.php/ejbmr/article/view/59 <p><em>Behavioural finance, recent development, challenging the classical models, explains investment risk at the instance of irrationality of cognitive psychological influence and phenomenon in arriving at investment decision. Claimants of business financial assets make choices that satisfy their interest best dependent on relevant and reliable financial information, communicated to potential investors. Distortions in the processes may lead to investment failure, and taking responsibility is severally assigned. The study investigates how behavioural finance is a distinct concept and theory as cognitive psychology or diagnostic phenomenon in distortions in investment decision. Literature is perused to address the study objective. In the contemplation of the study behavioural finance may deviate as a unique concept on its own in investment decision making, but catalyst and arbiter for goal congruence to be achieved at any stage in the decision process.&nbsp; &nbsp;&nbsp;</em></p> George Obeng Copyright (c) 2020 George Obeng http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/59 Thu, 30 Jan 2020 12:05:51 -0500 Competitive Advantages of Lazada Indonesia https://ejbmr.org/index.php/ejbmr/article/view/201 <p>Lazada Indonesia's competitive advantage as a marketplace in Indonesia is determined in this article. Internal and external factors were identified to analyze the SWOT and the strategies implemented by Lazada. In-depth interviews, observations and documentation studies are used to collect data. All students of the Doctoral Program of Management Science in Universitas Pendidikan Indonesia were respondents of this study. They all 112 respondents. The SWOT analysis results show that in the first quadrant, Lazada implements an aggressive growth strategy in achieving competitive advantage. Existing strengths and opportunities put Lazada in a advantageous position and maximally utilizing external forces to seize opportunities. Lazada is a pioneer of free shipping of goods and services for returning goods from consumers. Lazada is also increasingly expanding its products to fulfill the consumers desires.</p> Dita Amanah, Dedy Ansari Harahap Copyright (c) 2020 Dita Amanah, Dedy Ansari Harahap http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/201 Sat, 01 Feb 2020 10:11:55 -0500 The Role Of Integration And Resilience For Improving Resource Efficiency https://ejbmr.org/index.php/ejbmr/article/view/183 <p>The study aims to examine the impact of customer integration, internal integration, logistics collaborator integration and supply chain resilience on the resource efficiency of the supply chain firms in Karachi. Sample size included 181 responses with the help of purposive sampling, and the target population was supply chain firms of Karachi. The data was analyzed using PLS-SEM. The study found that the customer integration was significantly affecting SC resilience but negatively affecting resource efficiency. Also, internal integration was not affecting customer integration and SC resilience and resource efficiency but affecting the logistics collaborator integration. Moreover, LCI was significantly affecting customer integration, SC resilience and resource efficiency. Lastly, SC resilience was negatively affecting resource efficiency. The study recommends that the managers need to enhance their logistics collaborator integration as it was found to be significantly improving the customer integration, supply chain resilience and resource efficiency. Moreover, the managers need to improve their customer and internal integration as they can enhance their logistics collaboration integration and resource efficiency.</p> Mohammad Abdullah Shah, Muhammad Asim, Salman Manzoor Copyright (c) 2020 Mohammad Abdullah Shah, Muhammad Asim, Salman Manzoor http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/183 Sat, 01 Feb 2020 00:00:00 -0500 The Determinants and Outcomes of Supplier Satisfaction https://ejbmr.org/index.php/ejbmr/article/view/189 <p>The study aims to evaluate how the supplier commitment, supplier attractiveness, supplier satisfaction and supplier trust are influenced by service quality, communication quality and time management quality. 157 responses were collected from the target population consisting of manufacturing firms of Karachi. Sampling technique included the purposive sampling technique and data was analyzed using PLS-SEM. The study found that supplier satisfaction was positively and significantly impacting supplier attraction, supplier commitment and supplier trust while it was also positively and significantly impacted by communication quality, service quality and time management quality. The study has several recommendations for the managers on the basis of the results of the data analysis. The managers are recommended to focus on the various antecedents of quality as they help in enhancing the supplier satisfaction as the study also found that supplier satisfaction was essential in improving the supplier attractiveness, supplier trust and supplier commitment. By improving the communication, service and time management quality, the manufacturing firms can significantly boost their relationship with the suppliers and enhance their performance.</p> Saleem Ahmed, Muhammad Asim, Salman Manzoor Copyright (c) 2020 Saleem Ahmed, Muhammad Asim, Salman Manzoor http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/189 Sun, 02 Feb 2020 04:22:43 -0500 Data Dissemination and Use and Provision of Curative and Preventive Tuberculosis Health Care Services in Public Health Institutions in Kisumu County, Kenya https://ejbmr.org/index.php/ejbmr/article/view/206 <p>The study sought to determine how data dissemination and use influence provision of curative and preventive tuberculosis healthcare in institutions of public health in Kisumu County, Kenya. The study focused on public health institutions that practices M&amp;E system on provision of curative and preventive tuberculosis healthcare services. The study employed the use of pragmatism paradigm and a descriptive research design to collect both quantitative and qualitative data. A correlational design was used to test the hypothesis. A sample of 221 respondents was selected from a population of 517 using stratified random sampling. Data was collected using a structured questionnaire with both open and close ended with Likert type on 1-5 five point scale and interview schedule. Correlational design was used to test the hypothesis. Quantitative data was analyzed using descriptive and inferential statistics and data presented in frequency tables using means and standard deviations while qualitative data was presented in in narrative statements. Hypothesis was tested using linear regression at 0.05 level of significance to determine the degree and direction of relationships among the thematic area of the study. The reliability of the instruments was obtained using Cronbach Alpha coefficient of 0.735 for all items meaning that the instruments were reliable. The results showed that data dissemination and use and provision of curative and preventive tuberculosis health care services in public health institutions had [r<sup>2</sup>=0.186, p&lt;0.05]. The results for quantitative data based on composite mean score of 3.91 and 0.466 standard deviation for this variable respectively. Therefore, data dissemination and use influence provision of curative and preventive tuberculosis healthcare services in public health institutions.</p> John Odhiambo Oluoch, Charles M. Rambo, Ganesh P. Pokhariyal Copyright (c) 2020 John Odhiambo Oluoch, Charles M. Rambo, Ganesh P. Pokhariyal http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/206 Mon, 03 Feb 2020 15:47:11 -0500 A Model for Comparing Government Expenditure on Civil Servants-Gross Wages And Salaries in the EU24 https://ejbmr.org/index.php/ejbmr/article/view/147 <p>Following government responses to the economic crisis, aimed at restabilising financial markets, maintaining employment and mitigating the effects of unemployment, public budgets have come increasingly under strain. The debt crisis that struck some EU members and is far from having been surmounted, has prompted governments to embark on a policy of strict budgetary austerity. Recent developments in the European Union reflects the reformation needs of most EU governments, in form of wage and employment moderation and, in some cases, even cuts in public sector wages and employment. All over Europe the public sectors have been the main target of governments’ reformation policies. Public sector employers have bypassed established collective bargaining procedures and wages and jobs have been cut or frozen, most frequently by unilateral state decision. Against the background of governments’ reformation strategies, this study compare and estimate the most accurate association model of the Categorical Data Analysis (CDAS) for government expenditure on civil servants– gross wages and salaries in 24 countries of the European Union from 2002 - 2011. The analysis of association (ANOAS) table is given in order to ascertain the percentage of the data which is covered by each model. We estimate the association model to find the model that has the best fit, but none proved accepted. Consequently, we proceeded to the multivariate model to find the model with the best fit and in conclusion we find out that the multivariate Row-Column Effects Association Model (RC) of the (M = 9) has the best fit because it covers 100% of the data -&nbsp; giving it the best fit among all.</p> Joel Chiadikobi Nwaubani, Magdalini Zelka, Artemis Tsianta Copyright (c) 2020 Joel Chiadikobi Nwaubani, Artemis Tsianta, Magdalini Zelka http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/147 Tue, 14 Jan 2020 00:00:00 -0500 The Effect of Logistics Salience on Logistical Capabilities and Firm Performances https://ejbmr.org/index.php/ejbmr/article/view/205 <p>The purpose of the study is to evaluate the effect of logistics salience on logistics capabilities and performance. The two selected capabilities in the study are service differentiation and innovation. much of the literature has focused on the development of logistics through being customer focused, managing supply chain, integration of processes, measurement and exchanging information therefore, attention shall also be provided on some other and less talked about logistical capabilities which includes innovation and differentiation. The study used survey method for data collection and analysis. The sample size of the study is 150 regression and correlation techniques were applied on the data using SPSS. It was obtained from the results that logistics salience has a positive impact on logistic capabilities and performance. Furthermore, the study also found that logistics innovativeness and service differentiation goes hand in hand and are highly correlated.</p> Muhammad Furqan Rahim, Muhammad Asim, Salman Manzoor Copyright (c) 2020 Muhammad Furqan Rahim, Muhammad Asim, Salman Manzoor http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/205 Fri, 07 Feb 2020 00:00:00 -0500 Accountability in the Public Sector: The Role of Professional Accountants in the Present Democracy in Nigeria https://ejbmr.org/index.php/ejbmr/article/view/199 <p>The main objective of this paper is to highlight the essential role of professional accountants in enhancing public sector accountability in the present democratic era. The spate of public sector unaccountability scandals in the present democratic era in Nigeria evidently engenders the quest for proper accountability in the public sector. The paper begins with a conceptualization of accountability from the public sector perspective. It also attempts to cursorily highlight the nexus between public sector governance and accountability, before examining the issues currently undermining public sector accountability in Nigeria. It ends by pointing out the ways in which professional accountants can contribute to public sector accountability in Nigeria. In line with the many issues articulated in this paper, it is believed that a sense of value reorientation and strict adherence to professional code of ethics by professional accountants, among others, would reposition professional accountants to effectively contribute to public sector accountability in Nigeria.</p> Raphael S. Etim, Mfon S. Jeremiah, Ofonime O. Jeremiah Copyright (c) 2020 Raphael S. Etim, Mfon S. Jeremiah, Ofonime O. Jeremiah http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/199 Sat, 08 Feb 2020 09:33:39 -0500 Analysis of Business Opportunities and Threats in The Household Cleaners Sub-Sector of The Chemicals Industry in Indonesia https://ejbmr.org/index.php/ejbmr/article/view/216 <p>A thriving chemical industry, opens opportunities for small entrepreneurs to compete in this industry, especially for household cleaning products. The global household cleaners market is expected to record a CAGR of 5.7% over the forecast period, 2018-2023. Competition for household cleaners is the most visible competition in the chemical industry. To remain competitive, companies are required to provide solutions to environmental problems through the development of green products. Environmental awareness in the community has also increased due to government support and intensive go-green campaigns.</p> <p>This paper presents an analysis of the external condition in the household cleaning market that is able to bring small and medium-sized companies to grow larger and is also able to compete in the current household cleaning industry. Therefore, the purpose of this study is to determine the condition of the household cleaning market in Indonesia and to help business people formulate their strategic policies. The approach to be used in this study with external analysis consisting of PESTEL analysis, Porter’s 5 Force, and Customer Analysis.</p> Miftah Faris, Budi Rahardjo Copyright (c) 2020 Miftah Faris, Budi Rahardjo http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/216 Sat, 08 Feb 2020 09:45:19 -0500 Internal Startup Valuation of PT Telekomunikasi Indonesia, Tbk by applying Risk-based New Venture Valuation Technique (Case Study: Company V) https://ejbmr.org/index.php/ejbmr/article/view/214 <p class="Abstract"><span lang="EN-US">The current industry 4.0 era is the digital transformation of industrial sectors. Every company competes to adapt digital technologies so they can continue to exist. PT Telekomunikasi Indonesia Tbk (Telkom), as the largest telecommunications company in Indonesia, began to focus on innovating. One obvious form performed by Telkom to boost innovation is establishing Amoeba (internal startup). Company V is one of the Amoeba and successfully fostered by Telkom. Company V run their business by providing a chatbot platform to help business owner leverage their communication and engagement with their customers using Bots and AI technology. As investors, Telkom needs to find out whether Company V is still eligible to remain incubated or not. Therefore it is necessary to do a valuation process for company V to provide information about what the value of company V is and how much funding should be given. The method used to solve the problem in this paper is a risk-based new venture valuation technique. The result shows that Company V is in milestone 2, with approximately the valuation is 83,16 billion IDR. If market validation is complete and normal risk is applied, the valuation of Company V will reach 568,23 billion IDR starting from year 3, month 5.</span></p> Ghani Rais Azka, Taufik Faturohman Copyright (c) 2020 Ghani Rais Azka, Taufik Faturohman http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/214 Sat, 08 Feb 2020 09:53:00 -0500 The Moderator Role of Information Technology: Specific Determinants of Competence on Lecturer Performance in Seafarer Private Vocational Schools in Indonesia https://ejbmr.org/index.php/ejbmr/article/view/220 <p>We analyze the specific determinants of competence on lecturer performance as a moderator of information technology. &nbsp;The sampling method used is non-probability sampling that is 99 lecturers who work at 11 Seafarers Private Vocational Schools in Indonesia. The analysis used in hypothesis testing is Structural Equation Modeling (SEM) with the help of WarpPLS Software version, 6.0.&nbsp;The results proved that the pedagogical competence (PDC) has a significant influence in improving lecturer performance (LCP), Personality or personal competence (PSC) is proven to increase lecturer performance (LCP). Social competence (SCC) has a significant positive effect on lecturer performance (LCP). Lecturers have the ability to manage learning while in the classroom; this is indicated by the ability of lecturers to master student characteristics so that they can present the material well. Professional competence (PFC) negative and no significant on lecturer performance (LCP). Seafarer technical competence (STC) negative insignificant effect on the lecturer performance (LCP), The Mastery of Information Technology (ITC) roles as a moderator can only be proven in testing the effect of Pedagogical competence (PDC) effect on lecturer performance (LCP), mean while in the other testing is not proven.</p> Andi Makkulawu Panyiwi Kessi, Mahfu dnurnajamuddin, Baharuddin Semmaila, Junaiddin Zakaria Copyright (c) 2020 Andi Makkulawu Panyiwi Kessi, Mahfu dnurnajamuddin, Baharuddin Semmaila, Junaiddin Zakaria http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/220 Sun, 09 Feb 2020 03:34:58 -0500 Budget Policy in Uzbekistan: Practical and Strategic Directions https://ejbmr.org/index.php/ejbmr/article/view/211 <p>The theoretical foundations of budget policymaking are researched in this article. Elements of budget policy were identified and evaluated taking into account its specific features. The trends of budget policy implementation are shown. The conclusions are formulated due to the research.</p> Rakhmonov Dilshodjon Alidjonovich, Anvar Sherov Umarovich Copyright (c) 2020 Rakhmonov Dilshodjon Alidjonovich, Anvar Sherov Umarovich http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/211 Sun, 09 Feb 2020 03:47:42 -0500 Insurance Sector Development and its Effect on the Financial Markets in Developing Countries: The Case of Kosovo https://ejbmr.org/index.php/ejbmr/article/view/217 <p>The purpose of this paper is to extract the important factors in the nature of insurance companies and their direct role in the economic and financial system development. This market study aims to analyse the insurance system in Kosovo by determining and then analysing its structure, the degree of concentration of insurance companies on the insurance market, their behaviour towards price, number of participants, companies operating in this market and types of products and services they provide. Our analysis are gathered on statistical and qualitative data through the study of the theories on insurance market development in other countries. Furthermore, for the empirical analysis, we used secondary data from Central Bank of Kosovo, Insurance Companies and Association Insurance of Kosovo. Also, we conducted two surveys. First, we conducted a survey with finance managers from all insurance companies and secondary survey was in general, for people who work. This way we tried to get a better understanding of the issue at hand.&nbsp; The identification of these factors would enable insurance companies to design policies that tackle the demands of consumers for voluntary insurance policies and at the same time to contribute to financial stability of Kosovo’s economy. At the end we have to come out with conclusions on the main research question: Does Insurance Development affect the Financial Markets in developing countries? The expected outcome is that the insurance sector in Kosovo is an important factor for the further development of the financial system.</p> Blerta Haliti Baruti Copyright (c) 2020 Blerta Haliti Baruti http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/217 Wed, 12 Feb 2020 00:00:00 -0500 The Effect of Personal Factors on Organizational Commitment Among Teachers Working at Libyan Schools in Turkey https://ejbmr.org/index.php/ejbmr/article/view/222 <p>The current study has been conducted to understand the organizational commitment levels of the teachers, who are currently working at the Libyan schools, which are operating in Turkey based on their different personal factors (gender, marital status, age and length of service). This data set has been collected by asking 116 teachers to fill-in questionnaires. The mentioned teachers are currently working for 10 Libyan schools operating in Turkey. The questionnaire includes the first part consisting of demographic questions while its second part deals with the questions pertaining to the teachers’ organizational commitment levels. In order to measure the teachers’ personal factors like seniority, gender, age, and marital status, the first part has been carefully designed. In the second part, eighteen organizational commitment assessment items were selected for measuring the teachers’ organizational commitment levels. For this purpose, we applied an already tried and tested scale, which was originally developed by Allen, Smith and Meyer (1993), so as to test the four hypotheses. According to our one-way variance analysis, the mean scores obtained for the teachers showed significant differences in organizational commitment when variables like marital status and age were taken as independent variables.</p> Hassan R.H Elkhdr, Nagmi Moftah Aimer Copyright (c) 2020 Hassan R.H Elkhdr, Nagmi Moftah Aimer http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/222 Sat, 15 Feb 2020 16:20:44 -0500 Analysis Of Factors Affecting the Value Of Manufacturing Industry Companies in the Indonesian Stock Exchange (IDX) https://ejbmr.org/index.php/ejbmr/article/view/230 <p>The purpose of this research is conducted to analyze factors the extent of influence (Liquidity - CR), (Leverage - DER), and (Dividend Policy - DPR) that can occur with (Firm Value - PBV). Manufacturing Industry Company was chosen because of fluctuations in stock prices that surged from the Composite Stock Price Index. The theory used is the signaling theory, trade-off theory, and dividend policy theory. The data used are secondary data with a sample collection method using purposive sampling. Where the research population is used is manufacturing industry companies listed on the Indonesia Stock Exchange (BEI) 2016-2018 observation period a number of 157 companies, with the final sample of this research obtained 34 selected companies that became the sample criteria. Data analysis techniques were performed using descriptive statistics and panel data regression analysis, with the help of the application E-views version 9.0 and Microsoft Excel 2013. The results of the research partially revealed that the variable (Leverage - DER) had an influence on (Firm Value - PBV) while the variable (Liquidity - CR) and (Dividend Policy - DPR) have no influence on Firm Value. And the independent variables affect the dependent variable by 16.64%.&nbsp;</p> Javindri Yoseph Renaldi, Dahlia Br. Pinem, Yul Tito Permadhy Copyright (c) 2020 Javindri Yoseph Renaldi, Dahlia Br. Pinem, Yul Tito Permadhy http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/230 Fri, 21 Feb 2020 10:06:41 -0500 Auditor Performance in Public Accounting Firm in Riau: The Moderating Effect of Emotional Quotient https://ejbmr.org/index.php/ejbmr/article/view/228 <p>This study aims to examine the effect of role conflict, role ambiguity, self-efficacy, and spiritual quotient on auditor performance with emotional quotient as a moderating variable. The sample of this study was 45 auditors from 15 public accounting firms in Riau and Riau Islands. The analytical method in this study is multiple regression analysis and Moderated Regression Analysis (MRA). The results showed that (1) Role Conflict negatively affected Auditor Performance (2) role ambiguity negatively affected auditor performance (3) self-efficacy had a positive effect on auditor performance (4) spiritual quotient had no effect on auditor performance (5) emotional quotient has moderates the relationship between role conflict, role ambiguity, self-efficacy, and spiritual quotient with auditor performance.</p> Meilda Wiguna, Khoirul Aswar, Eka Hariyani Copyright (c) 2020 Meilda Wiguna, Khoirul Aswar, Eka Hariyani http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/228 Fri, 21 Feb 2020 10:19:58 -0500 Framework for Exploring Fit and Flexibility in Strategic Human Resource Management in Jordanian Telecommunication Companies https://ejbmr.org/index.php/ejbmr/article/view/221 <p>The Fit and flexibility is now very imperative for an effective strategic human resource management.&nbsp; Theoretical and empirical studies however could not agree on a single framework to accommodate both of its concepts (orthogonal and complimentary) to solve human resource management issues globally. The lack of a framework is a concern because there are still pertinent issues relating to human resource management specifically in Jordan. The purpose of this study was to carry out a conceptual framework to explore the fit and flexibility concept in strategic human resource management in Jordanian Telecommunication companies. This study suggests that emphasis should be placed on strategic flexibility in a dynamic sector like the Jordanian telecommunication sector to improve their productivity, performance and achieve a competitive advantage. Also, Jordanian Telecommunications companies' strategic flexibility will be achieved only if they rely on developing innovative and sustainable HR practices to stay competitive in their rapidly changing and dynamic business environment.</p> Hisham Abdul Kareem Shaheen, Ahmad Ali Almohtaseb Copyright (c) 2020 Hisham Abdul Kareem Shaheen, Ahmad Ali Almohtaseb http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/221 Sat, 22 Feb 2020 03:56:25 -0500 Millennials Housing Preferences Model in Jakarta https://ejbmr.org/index.php/ejbmr/article/view/240 <p>This paper will discuss the housing preferences among Millennials in Jakarta. The approach used is by analyzing twenty papers related to housing preferences, making synthesis from collected paper, and producing critical view for each related papers. The objective of this research is to find the reasons for the Millennial Generation when purchasing a house. This paper found that housing preferences for Millennials divided into several indicators, such: location, accessibility, price, physical attributes, facilities, design, and aesthetic aspects, developer reputation, and land ownership. All of these indicators will determine the choices of Millennials in buying houses, especially the character of the house, which landed a house or vertical house. This limitation of this research is that this research only studies about preferences on millennials generation who lived in the Jakarta Metropolitan Area. The findings of this study will be useful for the stakeholders, real estate developers, and consumers. The government could use this study to produce regulations regarding housing in Jakarta, while real estate developers could enhance their preferences when developing real estate targeted to Millennial’s market segment.</p> Yunilson Mulyano, Raden Aswin Rahadi, Urfi Amaliah Copyright (c) 2020 Yunilson Mulyano, Raden Aswin Rahadi, Urfi Amaliah http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/240 Sat, 22 Feb 2020 04:08:03 -0500 Impact of Excise Tax Hike to Stock Value (A Case Study of PT. Hanjaya Mandala Sampoerna, Tbk.) https://ejbmr.org/index.php/ejbmr/article/view/238 <p>Cigarette industry in Indonesia had contributed around 8% to the state revenue in 2018, and this number are expected to increase in 2020 due to higher excise tax rate for cigarette industry which believed can boost the state revenue. However, the cigarette’s excise tax hike that will be effective in January 1<sup>st</sup>, 2020 will have significant impact to all of the cigarette companies in Indonesia. The biggest cost of goods sold component of cigarette companies were the excise tax expense, thus, a significant increase on excise tax will reduce the company’s profitability. The significant decrease in company’s profitability could affect the company’s stock performance. In order to help the investors how to react to this situation, the intrinsic valuation of the company is required. Evaluating the company’s financial performance in the past five years and conducting absolute or often called intrinsic valuation of HMSP are believed to be important in order to help the investors how to act while the cigarette companies’ stock was all tumbled since the beginning of the year. This study examined absolute valuation of HMSP using the FCFE model. Absolute valuation models were calculated and had suggested that the current stock price of IDR 1,900 of HMSP is undervalued. The intrinsic value calculated from absolute valuation models was IDR 2,242.71. FCFE models show significantly high intrinsic value for HMSP, with potential return above 15%, it should attract the prospective investors to buy the company’s stock.</p> <p>&nbsp;</p> Putu Bagus Adhi Wijaya, Erman Sumirat Copyright (c) 2020 Putu Bagus Adhi Wijaya, Erman Sumirat http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/238 Sat, 22 Feb 2020 05:01:09 -0500 Effect of energy and CO2 consumption on the economy in Sub-Sahara Africa https://ejbmr.org/index.php/ejbmr/article/view/239 <p>The study focused on the long-term related effect among energy consumption (EC), CO2 production and economy growth (EG) of 12 randomly selected countries in sub-Saharan Africa. We used validation and causality tests in the 2008-2018 annual record. Special effects vary from country to country, in the long term, strong consumption of energy and economy growth in many countries has been linked with an increment in air pollution. The observation of the longitudinal study showed economic growth resulting in short-term CO2 emissions in Benin, the Democratic Republic of Congo, Ghana, Nigeria and Senegal, reflecting a lack of economy. This would not be possible without affecting the environment. The effect between CO2 and EG in Gabon, Nigeria and Togo has shown that environmental policies aimed at reducing pollution can be harmful. economic growth. In addition, long-term economic and CO2 production in Nigeria has been closely linked to the long-term links to Congo and Gabon. In the long-run, greenhouse gas emissions are the result of EC, EG and CO2 emission in Benin, Ivory Coast, Nigeria, Senegal, South Africa and Togo.</p> Josiah Chukwuma Ngonadi, Sun Huaping, Joy Okere, John Uche Ngonadi Copyright (c) 2020 Josiah Chukwuma Ngonadi, Sun Huaping, Joy Okere, John Uche Ngonadi http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/239 Sat, 22 Feb 2020 10:31:41 -0500 Examining the Impact of Foreign Direct Investment (FDI) on Offshore CO2 in the Sub-Sahara https://ejbmr.org/index.php/ejbmr/article/view/197 <p>This study examined the relationship between Foreign Direct Investment (FDI) and the emission of CO2 in the Sub Saharan Africa. The literature focuses on foreign direct investments and C02 emission studies in various countries. Data was obtained for the World Bank database from 2004 to 2015, the general method of moment (GMM) model was used for estimating parameters with endogenous regressions in the panel data model to analyze our data. We found out that FDI has significantly influenced the emission of CO2 in the Sub Saharan Africa. The results demonstrated the heterogeneity of the effects of foreign direct investment on CO2 emissions, the impact of foreign direct investment on CO2 emissions is negative and significant. However, the general environmental impact of foreign direct investment is determined by indirect effects and appears to be positive. Moreover, natural resources endowment seemed not to play a key role in this relationship. Recommendations were given to ensure the usage of renewable energy by ensuring a sustainable economic growth.</p> Josiah Chukwuma Ngonadi, Sun Huaping, Joy Okere, Chuks Oguegbu Copyright (c) 2020 Josiah Chukwuma Ngonadi, Sun Huaping, Joy Okere, Chuks Oguegbu http://creativecommons.org/licenses/by-nc/4.0 https://ejbmr.org/index.php/ejbmr/article/view/197 Sun, 23 Feb 2020 06:08:51 -0500