974 research outputs found
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Effect of Naira/Us Dollar exchange rate volatility on the performance of the stocks market in Nigeria
Purpose: This study investigates the influence of various macroeconomic factors, including the exchange rate, interest rate, inflation rate, and Gross Domestic Product, on the performance of the Nigerian Stock Exchange NSE 100 index. Utilizing a decade of annual data spanning from 2011 to 2021, this research employs the Augmented Dickey-Fuller test to explore the impact of these macroeconomic variables on stock market performance.
Research methodology: Within this context, the time series Autoregressive Distributed Lag (ARDL) model is employed to discern the ramifications of naira/US dollar exchange rate volatility on Nigeria’s stock market performance.
Results: Multiple regression analysis results indicate a significant negative effect of the exchange rate on share returns, revealing that a 10% increase in the real exchange rate correlates with a 0.15% decrease in the ASPI. Similarly, the inflation rate is associated with a negative coefficient, suggesting an adverse effect on stock prices. In contrast, interest rates and GDP exhibit positive coefficients, with 5% and 10% impacts on the ASPI, respectively.
Limitation: All data used in this study were secondary. However, data from previous years were not readily available. This is the main limitation of this study.
Contribution: Ultimately, this study underscores the importance of forecasting the exchange rate as a pivotal determinant of business success, offering recommendations for future endeavors
Development Taman Surya Nusantara to increase new and renewable energy in Indonesia
Purpose: The aim of this research is to achieve sustainable development by reorienting the use of energy from fossil energy to new and renewable energy through the massive and consistent use of solar energy in Indonesia.
Research Methodology: This study employed a normative empirical method with a descriptive analysis approach. Secondary data were acquired through meticulous literature review and subjected to qualitative analysis. The outcomes of the analysis serve as the cornerstone for accurate conclusions within the research (Soerjono & Mamudji, 2007).
Results: The research results show that the development of Taman Surya Nusantara is instrumental, extensive, and comprehensive, to be carried out as a key to facing the challenges of the global energy crisis, as well as a strategic step to achieve sustainable development goals in Indonesia.
Limitations: The construction of Taman Surya Nusantara will receive a positive response from all parties, with an orientation towards achieving the ideal use of solar energy for the realization of sustainable development.
Contributions: This research explains that developments in science and technology are signs of the need for reformulation of the use of solar energy in Indonesia. In such conditions, it has implications for the phenomenon of "sustainable development goals," meaning that the dimensions of life are required to be adaptive to conditions of sustainable development in line with the essence of welcoming Golden Indonesia 2045
Macroeconomic factor, firm characteristics and inventory holding in Nigeria: A quantile regression approach
Purpose: Prior studies show that inventory holding is closely linked to liquidity and procyclical dependent on the combination of macroeconomic and firm characteristics. Thus, conditional linear factor models such as OLS should fail to explain the inventory-holding motive, especially in the context of developing countries. This study seeks to empirically investigate the determinants of corporate inventory holding based on evidence from pharmaceutical companies in Nigeria.
Research methodology: The study adopts the ex post facto research design. The final sample was eight pharmaceutical & healthcare firms quoted on the Nigerian Stock Exchange (NSE). The data were analysed using the quantile regression technique.
Results: The results showed that the inflation rate had a positive effect on the inventory holding distribution at upper quantiles (75th); and, the cash conversion cycle on the inventory holding was significant at different quantiles (25th, 50th and 75th). Profitability and liquidity were non-significant at different quantile distributions.
Limitations: The focus on pharmaceutical firms limits the generalizability of the study findings to other sectors of the economy.
Contributions: The study contributes to the literature in the context of developing countries, on the impact of varying firm characteristics and inflation rates on the different conditional distribution of the regressand, i.e., inventory holding
An analysis of the perceptions of CSR among Bangladeshi Business School students
Purpose: This study explores CSR awareness among the University of Bangladesh students, evaluates perceptions based on socioeconomic and demographic aspects, and considers students' CSR awareness when purchasing a product or applying for a job.
Research methodology: First, respondents fill out a questionnaire. The replies are then encoded numerically. The study examines how demographics affect students' CSR attitudes. Quantitative methods are suitable for determining their relationships. Data must be measured mathematically to determine CSR's effect on student decision-making.
Results: The study's findings indicate that students have a solid understanding of corporate social responsibility. Also, age affects perceptions, and educational level influences the majority of perceptions, although gender has no impact on students' perceptions. In addition, students typically do not consider the CSR of a company when they purchase a product from that company or apply for a job with that company.
Limitations: The questionnaire method of data collection has various drawbacks. Students may dishonestly answer. Emotional responses and feelings cannot be adequately captured in a survey or questionnaire. The problem of selection bias arises when data is taken from a known individual. There are fewer people in the sample than there are in the population.
Contributions: Colleges and universities can better evaluate business courses utilizing the study's results. This study can help government agencies coordinate policy-making. Few studies have examined whether students consider a company's CSR when buying a product or applying for a job. This research comments on that problem
Technological innovation in Small and Medium Enterprises: A bibliometric analysis
Purpose: The objective of this study is to find out the development of SMEs in the digital era.
Research Methodology: The authors used the Scopus database and searched for articles containing keywords such as "technolog* innovation" AND smes OR "small and medium enterprises." The data were obtained from 1990 to 2023, with a total of 408 documents consisting of 295 articles, 20 book chapters, 67 conference papers, 8 conference reviews, 1 erratum, 1 note, 5 retracted documents, and 11 review documents.
Results: The study found that the development of publications on technological innovation in SMEs experienced fluctuations, but tended to increase. The most productive source and the most impactful author were IEEE Transactions on Engineering and Management, and the majority of publications were conducted in collaboration with fellow authors from the same country. The most cited country was the United Kingdom, followed by Singapore and the United States. The topic that appeared most often in publications was related to technological innovation.
Contributions: This study highlights the importance of technological innovation in SMEs and its impact on the economy
Role of employee recruitment and selection on performance of Ethiopian electric power corporation, Mekelle Branch
Purpose: This study aimed to assess the impact of recruitment and selection on organizational performance. It was to find out the recruitment and selection policy or practice, the impact of recruitment and selection process, the challenges associated with the recruitment and selection practice and ways to help improve human resource planning and development.
Research Methodology: The study obtained information from twenty (20) respondents from staff of the Ethiopian Electric Power Corporation in the Mekelle branch using a questionnaire. The collected data were statistically analyzed using SPSS, and the chi-square test was used to interpret the hypotheses.
Results: The results indicated that the advertising of job vacancies to the general public, use of employment agents, TV, newspapers, and employee referrals is mostly the mode for recruiting potential employees, and that the method used in the recruiting and selection process was very effective. Moreover, it helped improve employee performance, and the selection and recruitment process was also characterized by many challenges.
Limitations: The major limitations of this study are time constraint, crisis of COVID 19, and inappropriate fulfillment of the questionnaire by respondents.
Contribution: This study suggests that potential employees should be treated fairly in the recruitment and selection processes. Moreover, employees must be constantly appraised to ensure that they improve their performance
The role of security management system in preventing and overcoming threats security disturbances in National Security Institutions
Purpose: The purpose of this research is to find out the implementation of the security management system in preventing and overcoming the threat of Obvitnas security disturbances in order to support the country's economic stability, to find out the obstacles and efforts of the role of the security management system in preventing and overcoming the threat of Obvitnas security disturbances in order to support the country's economic stability.
Research methodology: The research method used in this research is normative research method by involving analysis of legal regulations, policies, and legal instruments related to applicable laws and regulations.
Results: The results showed that the implementation of the security management system in preventing and overcoming the threat of security disturbances to the National Obvitnas in order to support the stability of the country's economy, namely the implementation of the Security Management System as measured through the 5 (five) elements mentioned in Police Regulation Number 7 of 2019, has not been running optimally, as a result there are still several accidents that cause the impact of victims and the environment of the National Obvitnas.
Contributions: This study provides a comprehensive analysis of the role of security management systems in preventing and overcoming threats to national security. The findings of this study can be used by security managers to develop and implement effective security management systems to safeguard national security interests.
Implementation: Barriers to the implementation of a security management system in preventing and overcoming the threat of Obvitnas security disturbances to support the stability of the country's economy, namely the implementation of the Security Management System depending on the manager's request, limited resources, diverse threat complexities. And the preparation of effective policies, increased investment and resource allocation, and improved inter-agency coordination
IoT Monitoring for PV System Optimization in Hospital Environment Application
Purpose: The objective of this study is to implement IoT monitoring to remotely monitor PV system output and efficiency to ensure the continuous supply to ventilators and monitors in the ICU Room of RSI Siti Khadijah Palembang.
Methodology/approach: The approach implemented in this study is by installing IoT Monitoring as an automatic transfer switch to ensure the continuous supply for the load.
Results/findings: The IoT monitoring shows the real-time production of PV panels, battery capacity, and inverter output. Hence, the operator can monitor the PV system output and decide whether to keep using sources from PV panels or switch to grid utilities during cloudy/rainy days.
Limitations: The IoT monitoring system has supervised the system's reliability, but it is necessary to improve the output and efficiency of the PV system by adding artificial intelligence algorithms and installing active cooling to prevent overheating.
Contribution: This study shows the effectiveness of implementing IoT monitoring for the On-Grid PV system installed on the rooftop of RSI Siti Khadijah Palembang
Maternal HealthCare Using IoT-Based Integrated Medical Device: Bangladesh Perspective
Purpose: The main purpose of this study is to develop a low-cost integrated medical device. This device will help investigate the risk levels of maternal patients as well will reduce the cost involved in medical diagnosis for poor countries like Bangladesh, where maternal healthcare is a great concern.
Methodology: We proposed and developed an integrated medical device that includes all possible sensors to collect raw data from maternal patients. As soon as the data is collected it will be sent to the cloud for processing. In the cloud, there are a set of algorithms (software) for processing raw data received from the device. After processing and analyzing our system will automatically identify the risk levels of those patients. The software is developed in open source code so that in the future it can be updated by researchers.
Results: We developed the system and practically collected raw data from patients and uploaded those data to our cloud system. In the cloud, it was processed and the resultant data were presented in the form of graphs. From these graphs, the risk levels were identified.
Limitations: The proposed system is developed for maternal patients only. This system needs to be authorized by the health regulatory authority. To make it cost-effective some expensive sensors were not used.
Contribution: The main contribution of this study is to minimize the cost involved in maternal healthcare in poor countries like Bangladesh. This, in turn, controls the death of mother and child by improving maternal healthcare facilities
The effect of job appraisal and job training 0n employee performance at PT. Bank Sulselbar Luwu
Purpose: This study aims to determine the effect of job appraisal and job training on the performance of employees of PT. Bank SulSelBar Luwu.
Research methodology: The research method used is a quantitative research with a descriptive approach. The population in this study were all employees who worked at PT. Bank SulSelBar Luwu. The number of samples in this study amounted to 35 people. The data analysis technique used is descriptive statistical test, classical assumption test and multiple regression analysis.
Results: The result of the research shows that: 1. Job appraisal has a positive and significant effect on employee performance PT. Bank SulSelBar Luwu, 2. Job training has a positive and significant effect on employee performance PT. Bank SulSelBar Luwu. 3. The results of the F test indicate that the job appraisal and training simultaneously (together) have a positive and significant effect on employee performance PT. Bank SulSelBar Luwu.
Contribution: This research contributes a job appraisal and training have a contribution or influence on employee performance variables by 61.90%, while the remaining 38.10% is influenced by other variables not examined in this study