974 research outputs found
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Analysis of power organization and political theory: The dynamics of complexity in the era of digital transformation
No full textPurpose: This study aims to analyze the interconnection between organizational theory, power, and politics in the context of digital transformation, with a focus on identifying new patterns in organizational power dynamics and their implications for management effectiveness.
Research Methodology: The research methodology adopts a qualitative meta-analysis of 150 academic articles from reputable journals (2000-2024) using Scopus, Web of Science, and JSTOR databases. The analysis uses ATLAS.ti software for thematic coding and content analysis, with validation through expert panel reviews from 12 senior academics in the field of organizational theory.
Results: The research identifies five transformative patterns in organizational power: the digitization of authority, the hybridization of power structures, the emergence of virtual politics, the reconfiguration of the influence base, and the evolution of control mechanisms. The developed analytical framework integrates digital, structural, and relational dimensions in the analysis of organizational power.
Limitations: Major limitations include a focus on the formal organization of the technology and financial sectors, as well as the dominance of literature from advanced economies. The research does not include a direct empirical analysis of power dynamics in purely virtual organizations
Contributions: The study contributes to the development of contemporary organizational theory through the integration of digital perspectives in power analysis, as well as providing a practical framework for organizational political management in the digital era
The influence of competence and motivation on employee performance in the Payakumbuh Sub-District office of West Sumatra, Limapuluh Regency, West Sumatra City
No full textPurpose: This research aims to analyze the impact of competence and work motivation on employee performance at the Payakumbuh District Office, West Sumatra, Kabupaten Lima Puluh Kota.
Research Methodology: This study employs a quantitative approach using a descriptive survey method. The research population includes 47 employees at the Payakumbuh District Office. The collected data were analyzed using Smart Partial Least Square (PLS).
Results: The hypothesis testing results indicate that competence has a positive and significant effect on employee performance, with an original sample value of 0.560, a t-statistic of 3.818, and a p-value of 0.000. Similarly, work motivation has a positive and significant effect on employee performance, with an original sample value of 0.398, a t-statistic of 2.703, and a p-value of 0.000. Competence and work motivation significantly influence employee performance, with an Adjusted R Square value of 56.2%, indicating that these two variables can explain 56.2% of the variance in employee performance.
Limitations: The study's population is limited to employees at the Payakumbuh District Office, which may restrict the generalizability of the findings to other government institutions.
Contribution: Nevertheless, this research significantly contributes to human resource management, particularly within the governmental context
The role of waste banks in realizing good environmental governance in Bandarlampung City
No full textPurpose: The aim of this research is to analyze the effectiveness of implementing the Waste Bank as an indicator of achieving the principles of Good Environmental Governance in Bandarlampung City in order to increase public awareness regarding the importance of a healthy environment.
Research methodology: This study employs a normative method using a descriptive analysis approach. Secondary data were acquired through meticulous literature review and subjected to qualitative analysis. Rigorous literature selection ensured data validity. The outcomes of the analysis served as the basis for accurate conclusions within the research.
Results: The research results show that the role of waste banks as an indicator of the principles of good environmental governance in Bandarlampung is not yet effective. Therefore, law enforcement is needed, which covers three aspects: structure, substance, and community culture.
Limitations: The population growth in Indonesia, especially in urban areas, is dynamic. This causes a high population, which results in the accumulation of rubbish in people's lives.
Contributions: Ineffective waste management is the basic reason for the Bandarlampung City Government to collaborate with Bandarlampung City Cleaning Service to socialize the role of waste banks. This socialization activity is an effort to enable people to carry out 3M activities (Draining, Covering and Burying) and use waste as a business opportunity
The correlation of cashless banking and profitability in the banking industry in Bangladesh
No full textPurpose: Cashless banking is an innovative banking policy that is gaining prominence in today's digital era of technological advancement. This study investigates the correlation between profitability of the banking sector and adoption of cashless banking in Bangladesh.
Research Methodology: The profitability of the cashless banking industry in Bangladesh was measured using Return on Equity (ROE) and Return on Assets (ROA). Profitability is determined by the transaction volume of Mobile Financial Services (MFS), Automated Teller Machines (ATMs), bit cards, and internet banking fund transfers (IBFT). This study uses a multiple regression approach to analyze the association between a bank's profitability and cashless banking. The data used in this analysis were collected from the annual reports of the Central Bank of Bangladesh over a seven-year period.
Results: The findings indicate that IBFT has a notable favorable influence on return on equity (ROE), whereas ATM and debit cards have major adverse impacts on ROE. Additionally, mobile financial services (MFS) and IBFT have a positive effect on return on assets (ROA), but debit cards have a negative effect on ROA in Bangladesh’s banking business. The data indicate that nearly all the components have either a positive or negative influence on ROA or ROE.
Contribution: However, only IBFT has a positive and substantial influence on ROA and ROE. The results of this study have moderate importance for the regulatory bodies and stakeholders of both banks and non-bank financial firms as well as for academics and the government as a whole
The impact of financial literacy on financial preparedness for retirement among formally employed individuals in Zimbabwe
No full textPurpose: Changes in global retirement systems have necessitated greater personal responsibility for making retirement financial decisions. The main purpose of this study is to evaluate the effect of financial literacy on the financial preparedness for retirement among the formally employed in Zimbabwe.
Research Methodology: The study adopted a positivist philosophy and an explanatory research design. Questionnaires were used to collect data from a target population of employees in Bindura, Zimbabwe. The final sample consisted of 384 participants. The independent variable, financial literacy, was measured using knowledge of financial instruments and computational capabilities of retirement benefits. Data were analyzed by multiple regression analysis using SPSS version 25.
Results: The findings show a statistically significant relationship between knowledge of financial instruments and financial preparedness for retirement at the 5% significance level. The computational capabilities of retirement benefits are found to have no effect on financial preparedness for retirement.
Limitations: Other factors that affect financial preparedness, such as demographics and financial factors, were not included in the model.
Contribution: This study addresses retirement preparedness, which is one of the least-researched areas of personal finance in Zimbabwe. Therefore, the results are useful for policymakers to enhance the framework of retirement financial literacy
Integrative transcendental planning in Rawabogo Village with a Hermeneutic approach
No full textPurpose: This study aims to design integrative transcendental planning based on exploring phenomena in Rawabogo Village. Since 2011, Rawabogo Village has been designated as a tourism village with customs and cultural heritage. However, the development of tourism village planning has yet to show significant progress.
Research Methodology: Descriptive qualitative with a symbolic and critical hermeneutic approach, which produces integrative transcendental planning. The data is collected through remote observation and understanding of the information unit.
Results: The results provide an explanation and understanding that Rawabogo Village has the potential to be developed as a tourism village with the oral traditions of the Mount Nagara Padang site and local cultural life as the main attraction. This attraction must be aligned with stakeholder planning and understanding by sustainably implementing economic, innovation, cultural landscape, and community strategies. This strategy will have implications for tourism village planning in Rawabogo Village.
Limitations: The limitation of this research lies in the process of meaning, which is not too deep, and methods can only be implemented in small planning scopes.
Contributions: Integrative transcendental planning is a new contribution to the development of village planning and development paradigms because it does not only consider instrumental approaches but also communication and phenomenological approaches that are appropriate for village phenomena. Customs and cultural heritage are a phenomenon with significant potential that needs to be packaged sustainably to become a tourist attraction in Rawabogo Village
Business resilience strategies for informal traders in the post-COVID-19 pandemic era in Gweru, Zimbabwe
No full textPurpose: The informal trading business is a springboard for employment and poverty reduction, even during disruptions, such as those brought about by the COVID-19 pandemic. Accordingly, this study examines the business resilience strategies adopted by informal traders to improve their livelihoods in the post-COVID-19 pandemic era in Gweru, Zimbabwe.
Research methodology: An exploratory research design underpinned this study’s data collection and thematic analysis approaches. Thirteen purposively sampled participants participated in face-to-face in-depth interviews.
Findings: Participants identified social networking, consignment sale agreements, business analysis, and financial capital boost as some of the business resilience strategies used by both male and female traders to improve their livelihoods in the post-COVID-19 pandemic period.
Limitations: The study used a qualitative approach, whose findings could not unravel all resilience strategies adopted in the post-COVID-19 era in the whole country, as a study using a quantitative methodology could have. Accordingly, the study’s results are limited as they cannot be generalized to other cities.
Contribution: This study incorporates informal traders’ business resilience strategies adopted in the post-COVID-19 pandemic era to sustain livelihoods and fight poverty and hunger. These strategies have not yet been used to explain the sustainability of livelihoods in post-pandemic disruptions.
Novelty: Despite the COVID-19 pandemic’s disruptions, the resilience strategies adopted by informal traders enabled them to sustain their livelihoods and mitigate poverty and hunger. Consequently, the applicability of the sustainable livelihood approach has broadened in emerging economies
"Black-Scholes-Artificial Neural Network": A novel option pricing model
No full textPurpose: This study conducts a comparative study of various options pricing models and introduces a new model.
Research methodology: This paper reviews eight option pricing models, including the Black-Scholes-Merton model (BSM), Monte Carlo simulation (MC), Heston, GARCH, Lattice, Jump Diffusion models (JDM), Normal Inverse Gaussian-Cox-Ingersoll-Ross Model, and a novel model called Black-Scholes-Artificial Neural Network (BSANN). The objective is to predict the European call and put options using a payoff calculation. The underlying asset is Khodro, a famous automobile producer company in Iran, for the last year. The daily prices were also used as historical data. The primary software used for the calculations and plots was MATLAB. An Excel option pricing toolbox was used to obtain more accurate and improved results.
Results: Based on the results, it can be concluded that the proposed model, BS-ANN, provides the most accurate estimation with the lowest standard deviation.
Limitations: There are several limitations to be considered when choosing an underlying asset. An important factor is the availability of sufficient data on the number of shared transactions. Another limitation of this study is the absence of trading halts. Additionally, caution is crucial when selecting an appropriate number of estimated parameters.
Contribution: By utilizing the presented model, researchers, individuals, investors, and stock market analysts interested in trading can enhance their estimations.
Novelty: The most significant novelty of this study is the presentation of a hybrid model incorporating unique features
Factors affecting consumers intention in purchasing eco-friendly cosmetic products in Batam City
No full textPurpose: This study aims to identify the factors affecting consumer purchase intention towards ecologically sustainable cosmetic products in Batam City. The factors examined included subjective norms, promotion, perceived behavioral control, trust, and product quality. The data comprised of 322 questionnaires. The scope of this study was confined to Batam; therefore, the findings cannot be extrapolated to other areas.
Methodology: This study employed a survey to obtain data from consumers of cosmetic products in Batam.
Results: The data analysis revealed that attitude, perceived behavioral control, sales promotion, product quality, and subjective standards significantly affected the intention to purchase green cosmetic products in Batam City. Nevertheless, trust does not have a significant effect on purchase intention. The findings of this study offer valuable insights for cosmetic companies to devise more efficient marketing strategies for green cosmetic products.
Limitations: Data collection was exclusively conducted via questionnaires, which may have introduced respondent bias. Owing to its cross-sectional nature, this study could not elucidate temporal variations. A longitudinal study offers a more profound understanding of fluctuations in consumer intention over time.
Contributions: This study validates consumer perspectives on green cosmetics and advocates for more explicit standards and regulations in the sector, and the use of sophisticated biotechnology to extract natural ingredients
Multimedia instructional materials in teaching basic science concepts for students with hearing impairment
No full textPurpose: The purpose of this study was to examine the impact of multimedia instructional materials in teaching basic science concepts to students with hearing impairment in Nasarawa State.
Methodology/approach: The study used a questionnaire to collect responses from respondents. Sixty (60) students were sampled, and simple percentages, means, and standard deviations were used to analyze the findings.
Results/Findings: The findings of the study showed that the use of multimedia is important, as many students with hearing impairment did understand what was taught. In addition, multimedia instructional materials aid student retention during examinations. When multimedia materials were used by the students, they were motivated by their use during science lessons. The respondents’ responses also identified many challenges facing the use of multimedia instructional materials in teaching science.
Limitations: The scope of this study must be expanded.
Contribution: This study shows the impact of multimedia instructional materials in teaching basic science concepts and effective modern methods for students with hearing impairment.
Recommendations: The study recommends that students at all levels of education should be given adequate information on the impact of multimedia instructional materials on the teaching of basic science to learners with hearing impairment in order to promote the interest of these students in science subjects