European Journals of Social Sciences Studies
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CORPORATE GOVERNANCE, INVESTMENT STRATEGY, MACROECONOMIC VARIABLES AND FINANCIAL PERFORMANCE OF PENSION SCHEMES IN KENYA
Get PDFThe study investigated the impact of corporate governance (CG), investment strategy (IS) and macroeconomic variables on the financial performance of pension schemes in Kenya, thereby addressing the key research question: What is the effect of CG, IS and macroeconomic variables on the financial performance of pension funds in Kenya? Qualitative, quantitative and correlational research designs were used to assess the effect of these factors on the financial performance of pension funds. Quantitative data on the annual return of pension funds and macroeconomic variables from 2012 to 2020, as well as qualitative data on CG indicators and IS, were used in the study. Return on investments proxied pension fund performance. Primary data was collected using survey questionnaires from the pension schemes from both the CG and IS indicators to develop both CG and IS indices. The findings show that CG, as well as IS and macroeconomic variables, impact pension funding differently. The effect of CG indicators on pension performance was positive and significant. The intervening effect of IS on the link between CG and pension performance was significant, while the moderating effect of macroeconomic variables was significant. The individual contribution of both CG indicators and macroeconomic factors on pension performance, nonetheless, varied. The main conclusion of the study is that pension fund financial performance is influenced by CG, IS and macroeconomic factors implying that there is a need to take into account the impact of these factors in the execution of investment plans of pension funds to ensure the generation of adequate funds for retirement benefits. JEL: G23, G32, G34, E44, O55 Article visualizations
EFFECTS OF DISAGGREGATED TAX REVENUES ON ECONOMIC GROWTH IN NIGERIA (1995-2023): ARDL BOUND TEST APPROACH
Get PDFTax revenue has been a great tool of fiscal policy harnessed toward the economic development of a nation. Its different components have collective effects on the economic growth of a nation. This study examined the effects of disaggregated tax revenue on Nigeria's economic growth from 1995 to 2023. The data was sourced from the Central Bank of Nigeria and the Federal Inland Revenue Service databases. This study examined the effects of disaggregated tax revenue on Nigeria's economic growth from 1995 to 2023. The data was sourced from the Central Bank of Nigeria and the Federal Inland Revenue Service databases. Employing multiple regression analysis within an Autoregressive Distributed Lag (ARDL) model, the study assessed the impact of Value Added Tax (VAT), Companies Income Tax (CIT), Petroleum Profit Tax (PPT) and Personal Income Tax (PIT) on economic growth. The diagnostic tests confirmed the model's validity, with unit root tests showing that all variables, except PIT, achieved stationarity after differencing. The findings revealed that each tax revenue component positively influences economic growth. Based on these results, the study recommends enhancing the legal and regulatory frameworks for businesses, including regular evaluations and updates of tax laws and stronger enforcement mechanisms. It also underscores the need to strengthen anti-corruption efforts, promote property rights, uphold the rule of law, and prioritise good governance to foster public confidence and ensure the effective use of tax revenues for economic development.JEL: C32, H20, H24, H25 Article visualizations
FROM NGUYEN AI QUOC'S POLITICAL TRAINING CLASS IN GUANGZHOU (CHINA) TO LESSONS FOR INNOVATION IN CURRENT TEACHING METHODS
Get PDFHo Chi Minh's ideology is a system of comprehensive views on the Vietnamese revolution. Among these views, the content of his ideology on education has great theoretical and practical significance for the education sector. From inheriting national traditions to absorbing the quintessence of human culture on the basis of Marxism-Leninism, teacher Vuong applied that ideology to the politics class in Guangzhou (China). Although his study time was short, Nguyen Ai Quoc trained a generation of core cadres for the Vietnamese Revolution. Nearly a century has passed, but his content and methods of education still have special significance for innovating teaching methods in the education sector in the current context of international integration. Article visualizations
PSYCHOLOGICAL FACTORS INFLUENCING SPORT PLAYERS’ PERFORMANCE IN CHINA
Get PDFPrevious studies revealed that the factors that deal with the cognition of the athletes are the psychological factors, however, most essential psychological factors that lead to performance, and most of the findings are based on the relationship between one or very limited factors that are affecting athlete performance rather than considering a considerable number of psychological factors. Specifically, little attention has been given to the research aspect of sports in China, even though a large number of research are done in Western countries. The current study explores the relationship between emotion, spirituality, self-talk, self-efficacy, goal-orientation, intrinsic motivation, and sport players’ performance. A total of 308 respondents were used for data analysis through SPSS and structural equation modeling which showed that spirituality, goal-orientation, and self-talk positively influence performance and emotion negatively influences performance. Self-efficacy and intrinsic motivation non-significantly influence performance. Lastly, theoretical, and practical implications as well as limitations were discussed accordingly. Article visualizations
RISK PERCEPTION AND INVESTMENT INTENTION IN ISLAMIC BANKS' TERM DEPOSITS: AN EMPIRICAL STUDY IN MOROCCO
Get PDFThis study focuses on the impact of risk perception on the intention to invest in Islamic banks' term deposits in Morocco. Using quantitative methodologies, including statistical analysis, Cronbach's reliability tests, and structural equation modelling, the study assesses the influence of various factors, including perceived quality and perceived value, on the intention to invest. Contrary to expectations and the existing literature, the results suggest that risk perception has no statistically significant effect on the intention to invest in these financial products. However, perceived value shows a significant relationship with intention to invest, indicating its crucial role in financial decision-making within this specific context. These results have important implications for Islamic banks, policymakers, and researchers, as they challenge the conventional emphasis on risk perception in the Islamic finance literature. The results suggest that other factors, such as perceived quality and value, may play a more influential role in the intention to invest in Islamic term deposits. JEL: G11, G 21, Z12, D81 Article visualizations
BUILDING LASTING BONDS: EXPLORING EFFECTIVE EMPLOYEE RETENTION TECHNIQUES IN CONTEMPORARY ORGANIZATIONS
Get PDFIn the context of modern workplace contexts, employee retention is a crucial topic that is explored in this research study. Fostering strong relationships with employees has become essential in firms' quest to keep their competitive advantages. The goal of this study is to identify and evaluate a variety of employee retention tactics that work well in contemporary organizations. This research identifies essential strategies covering professional development, work-life balance, inclusive organizational culture, recognition programs, and flexible benefits through thoroughly examining existing literature and empirical investigation. The results give corporate executives, human resource professionals, and academics useful information that they can use to create complete strategies that will improve employee retention, job satisfaction, and overall organizational performance. Article visualizations
ROUSSEAU AND HO CHI MINH'S VIEWS ON THE CONSTITUTIONAL AND LAWFUL STATE – FROM THEORY TO PRACTICE IN VIETNAM
Get PDFInheriting the humanistic and revolutionary spirit of the French Enlightenment, especially from Rousseau, in the twentieth century, President Ho Chi Minh, on the foundation of Marxism-Leninism, solved the problem of the liberated nation, human rights, and civil rights with realistic social revolutions, contributing to the common progress of humanity according to the ideals of freedom and equality for all people and peoples. The socialist state of Vietnam, from the first days of its founding, has been a constitutional and legal state in accordance with all principles of a legitimate state. Thanks to its legitimacy, the Vietnamese state had gained the strength and legitimacy needed in the struggle to protect national independence from hostile forces. Facing the requirements of socio-political reality, Vietnam, on the theoretical basis of Ho Chi Minh's thoughts, has made efforts to consolidate and perfect the state to ensure civil and human rights in the country, contributing to promoting peace, cooperation, and progress of the world. Researching a variety of thoughts from Rousseau's views on the legal and constitutional state to Ho Chi Minh's thoughts and drawing out the core values and orientations for building the administrative system in Vietnam today is the purpose of the article. Article visualizations
BASIC CHARACTERISTICS OF NGUYEN AN NINH’S POLITICAL IDEOLOGY AND THE MEANING OF THAT IDEOLOGY
Get PDFThe late 19th and early 20th century was a special historical period for the Vietnamese people, a period of transformation that changed the nature of society. Our country was invaded by the French colonialists and became a semi-feudal, colonial country. It can be said that Nguyen An Ninh was a typical thinker of Vietnam in the late 19th and early 20th centuries. He introduced political ideas consistent with the reality of the Vietnamese revolution in this historical period. Based on an overview of the basic contents of Nguyen An Ninh’s political ideology, this study aims to clarify the basic characteristics of Nguyen An Ninh’s political ideology such as (i) Deep nationality in Nguyen An Ninh’s political ideology; (ii) Vivid practicality in Nguyen An Ninh’s political ideology; (iii) Nguyen An Ninh’s political ideology represents the transition from bourgeois-democratic ideology to Marxism-Leninism. On that basis, clarify the values of that characteristic in Vietnam’s revolutionary process. Article visualizations
IMPACT OF ECONOMIC VARIABLES ON IPOs IN INDIA - AN ANALYTICAL STUDY
Get PDFThis article aims to examine the hypothesis that local macroeconomic factors affect the volume of initial public offerings (IPOs) in a rising market, India, between 2015 and 2022. Initial public offerings (IPOs) are shown to have a positive correlation with industrial output and a negative correlation with interest rates. Using co-integration and Vector Error Correction models, we find a long-run equilibrium link between interest rates, industrial output, and initial public offerings (IPOs). Using a Markov regime-switching regression model, we also find that the effect of interest rates on IPO numbers is much more significant in the cold IPO regime than in the IPO hot regime. The empirical result seems to detect the IPO market's trend with a fair amount of accuracy. The findings demonstrate that a hot IPO market regime develops when investors start seeing extraordinarily high early returns, and their expectations about the future interest rate indicate the eagerness of entrepreneurs and managers to enter the IPO market. Conversely, a government's pursuit of monetary tightening causes investors to shy away from the IPO markets because they anticipate future profits will fall owing to rising interest rates and the price of shares will be harmed due to reduced dividend yield. JEL: O10, O16 Article visualizations
FROM HO CHI MINH'S WORK “NEW LIFE” TO BUILD NEW RURAL RULES IN VIETNAM NOW
Get PDFWhile leading the Vietnamese revolution, President Ho Chi Minh had many measures to direct and build new life to change the way of eating, dressing, living, and traveling in a scientific manner, civilized and progressive. His instructions are the basis for the Communist Party of Vietnam to set out policies and guidelines for cultural development in the people's national democratic revolution and the socialist revolution. In this article, the author mentions two essential contents: building a new life - the core contents; and the work of new life with new rural construction today. Article visualizations