International Journal of Accounting, Finance, Auditing, Management and Economics - IJAFAME
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The Impact of Distance Learning During the Pandemic: Exploring the Relationship Between Motivation, Commitment, and Performance Among Students at FSJES Marrakech
No full textThe Covid-19 pandemic is the global crisis of our time and the greatest challenge we have faced since the Second World War. All areas of human life have been affected. Education is among the activities that have been most affected. To ensure pedagogical continuity, Moroccan universities have made efforts to set up a distance education system on a large scale. Students, research teachers and university officials participated in this challenge.
Theoretically, our research is based on the theory of self-determination (Deci and Ryan 1985) and the model of human engagement (Brault labbé and Dubé, 2008). Empirically, we chose the method of structural equations that allow us to analyze the different causal relationships of the conceptual model. The Partial Least Square (PLS) approach is implemented instead of the Covariance Based Structural Equation Modeling (CBSEM) approach. The results show that the level of motivation does not have a significant impact on the engagement, but engagement positively influences the performance of the students of the university of CADY AYAD MARRAKECH.
Keywords: Motivation, Commitment, Performance.
Classification JEL: J28, I25, P17
Paper type: Empirical ResearchLa pandémie de Covid-19 est la crise mondiale de notre époque et le plus grand défi auquel nous sommes confrontés depuis la Seconde Guerre mondiale. Tous les domaines de la vie humaine ont été touchés. L’éducation fait partie des activités qui ont été les plus touchées. Pour assurer la continuité pédagogique, les universités marocaines ont fait des efforts pour mettre en place un système d’enseignement à distance à grande échelle. Les étudiants, les enseignants chercheurs et les responsables universitaires ont participé à ce défi.
Théoriquement, notre recherche s’appuie sur la théorie de l’autodétermination (Deci et Ryan 1985) et le modèle de l’engagement humain (Brault labbé et Dubé, 2008). Empiriquement, nous avons choisi la méthode des équations structurelles qui nous permettent d’analyser les différentes relations causales du modèle conceptuel. L’approche Partial Least Square (PLS) est mise en œuvre à la place de l’approche Covariance Based Structural Equation Modeling (CBSEM). Les résultats montrent que le niveau de motivation n’a pas d’impact significatif sur l’engagement, mais l’engagement influence positivement la performance des étudiants de l’université de CADY AYAD MARRAKECH.
Mots clés : Motivation, Engagement, Performance.
JEL Classification : J28, I25, P17
Type du papier : Recherche Empiriqu
The public-private partnership; complementarity alternative to the development of the health system and social protection - case of the purchase of dialysis
Get PDFThe enormous need to ensure good health care for Moroccans, as well as the objectives of economy, efficiency and control of expenditure, are increasingly imposing public-private partnerships in the development of different strategies and represent a priority axis of the government's vision for the social protection project.
In this sense, the experience of a public-private partnership (PPP) in the area of purchasing dialysis services is an excellent example of using the resources available to both sectors to achieve synergy and territorial health justice in terms of delivering better quality healthcare.
Our aim in this article is to answer a number of theoretical and empirical questions using a qualitative method based on the case study of the prefecture of Fez: the state of play, strengths, weaknesses and contributions, making it possible to highlight the constraints in the field and to grasp the essential trends and developments. The results of our research have shown the significant benefits of PPP and the very remarkable qualitative improvements in patient health in this area. But they also suggest that we need to take account of the importance of prior training for the players involved, which will strengthen their role in this process.
Keywords: public-private partnership, service purchase, end-stage chronic renal disease, dialysis.
Classification JEL: M41
Paper type: Empirical ResearchThe enormous need to ensure good health care for Moroccans, as well as the objectives of economy, efficiency and control of expenditure, are increasingly imposing public-private partnerships in the development of different strategies and represent a priority axis of the government's vision for the social protection project.
In this sense, the experience of a public-private partnership (PPP) in the area of purchasing dialysis services is an excellent example of using the resources available to both sectors to achieve synergy and territorial health justice in terms of delivering better quality healthcare.
Our aim in this article is to answer a number of theoretical and empirical questions using a qualitative method based on the case study of the prefecture of Fez: the state of play, strengths, weaknesses and contributions, making it possible to highlight the constraints in the field and to grasp the essential trends and developments. The results of our research have shown the significant benefits of PPP and the very remarkable qualitative improvements in patient health in this area. But they also suggest that we need to take account of the importance of prior training for the players involved, which will strengthen their role in this process.
Keywords: public-private partnership, service purchase, end-stage chronic renal disease, dialysis.
Classification JEL: M41
Paper type: Empirical Researc
Contribution of police professional training in Reconciliation with the population and the success of the community policing concept
Get PDFIn a perspective to meet the guidelines of the General Directorate of National Security (DGNS) to establish the general order and fight against crime, the police institution in Morocco continues to introduce a series of strategies aimed at improving the relationship police - citizen in the ultimate reason to restore the trust between these two actors. This paper presents an assessment of the impact of the police training axes on the success of the concept of community policing.
In an attempt to assess the impact of these determinants of police training on the success of the concept of community policing, also known as proximity, this research article mobilized Generalized Linear Models (GLMs), specifically binary logistic regression. However, the prediction of the success of this concept was supported in this paper by a police training module such as community policing. This research ultimately showed a highly significant positive correlation between the background of this police training module and the success of the community policing approach.
This study was carried out in two successive phases. The first was qualitative on the selection of determinants of continuing police training, specifically the background to the formation of "Closer to the Public " A broad review of the literature, with a significant impact on the success of the community policing concept. The second phase is quantitative, explaining the prediction of the success of this concept through the logit model.
Keywords: police continuing education, community policing, police professional training, generalized linear models, binary logistic regression.
JEL Classification: M50, M53
Paper type: Empirical ResearchIn a perspective to meet the guidelines of the General Directorate of National Security (DGNS) to establish the general order and fight against crime, the police institution in Morocco continues to introduce a series of strategies aimed at improving the relationship police - citizen in the ultimate reason to restore the trust between these two actors. This paper presents an assessment of the impact of the police training axes on the success of the concept of community policing.
In an attempt to assess the impact of these determinants of police training on the success of the concept of community policing, also known as proximity, this research article mobilized Generalized Linear Models (GLMs), specifically binary logistic regression. However, the prediction of the success of this concept was supported in this paper by a police training module such as community policing. This research ultimately showed a highly significant positive correlation between the background of this police training module and the success of the community policing approach.
This study was carried out in two successive phases. The first was qualitative on the selection of determinants of continuing police training, specifically the background to the formation of "Closer to the Public " A broad review of the literature, with a significant impact on the success of the community policing concept. The second phase is quantitative, explaining the prediction of the success of this concept through the logit model.
Keywords: police continuing education, community policing, police professional training, generalized linear models, binary logistic regression.
JEL Classification: M50, M53
Paper type: Empirical Researc
L’image de marque au service de l’attraction des investissements de la diaspora marocaine
No full textGlobalisation has increased competition between territories to attract foreign direct investment because of its impact on economic development. Morocco aware of this challenge, has a diaspora of more than five million of which a large part wishes to invest in its country of origin. Our problematic focuses on how the brand contributes to attracting investments of the moroccan diaspora. Our research objective is the realization of a conceptual model inspired by our literature review to stimulate the attraction of moroccan investors living abroad. The state of the art has shown that in recent years, territorial marketing and branding strategies have gained importance due to the fierce competition between territories and the phenomenon of international mobility. Previous work has been characterized by a variety of study objects and different dimensions in the choice of the territory studied, due to the multidimensional nature of the issue of territorial attractiveness. In general, the theoretical framework of this field of study has been described by several researchers as insufficient. In this article we highlighted the concept of brand image by making the link with the attraction of investors from the moroccan diaspora in the light of the theory of social representations and the theory of planned behavior converging in the notion of perception. This article does not claim to be exhaustive but it offers new research perspectives in this field of study.
Keywords: Moroccan investors living abroad, diaspora, attractiveness, brand image, representation.
Classification JEL: M31
Paper type: Theoretical ResearchLa mondialisation a accentué la compétition entre les territoires pour attirer l’investissement direct étranger en raison de son impact sur le développement économique. Le Maroc conscient de ce défi, dispose d’une diaspora de plus de cinq millions dont une grande partie souhaite investir dans son pays d’origine. Notre problématique s’arrête sur la manière dont la marque contribue dans l’attraction d’investissements de la diaspora marocaine. Notre objectif de recherche est la réalisation d’un modèle conceptuel inspiré de notre revue de littérature afin de stimuler l’attraction des investisseurs marocains résidant à l’étranger. L’état de l’art a montré que depuis quelques années, les stratégies de marketing et de branding territoriales ont gagné de l’importance en raison de la compétition acharnée entre les territoires et du phénomène de la mobilité internationale. Les travaux antérieurs se sont caractérisés par une variété d'objets d'études et des dimensions différentes dans le choix du territoire étudié, en raison du caractère multidimensionnel de la question d’attractivité territoriale. De manière générale, le cadre théorique de ce champ d’études a été qualifié par plusieurs chercheurs comme étant insuffisant. Dans cet article, nous avons mis l’accent sur le concept d’image de marque en faisant le lien avec l’attraction des investisseurs de la diaspora marocaine à la lumière de la théorie des représentations sociales et la théorie du comportement planifié qui convergent dans la notion de perception. Cet article ne prétend pas l’exhaustivité, il offre, cependant, de nouvelles perspectives de recherche dans ce domaine d’étude.
Mots clés : Investisseurs marocains résidant à l’étranger, diaspora, attractivité, image de marque, représentation
JEL Classification : M31
Type du papier : Recherche Théoriqu
Audit Report Lag and Cost of Equity Capital: How do investors deem audit report lag? Evidence from France
No full textThis research investigates the impact of external audit report lag on the cost of equity capital and how investors perceive audit report lag.
We posit that a longer audit report lag is associated with a higher cost of equity capital because a lengthier audit report arouses investors' mistrust concerning accounting practices and the credibility of reported financial information, which increases the cost of equity capital in return.
For the contributions of the study and to the best of our knowledge, this paper is the first to study the impact of audit report lag on the cost of equity capital in the French context.
Using a sample of the 881 listed French companies and 34,950 firm-year observations from 2008 to 2021, we find that firms with higher audit report lag have a higher cost of equity capital. Investors link extended audit delay to a lack of transparency, issues in financial reporting, and higher business risks (such as dubious accounting practices and adverse or disclaimer opinions) due to information asymmetry.
Our findings have implications for companies, investors, auditors, and regulators as they highlight that firms' cost of equity capital is positively associated with the audit report lag. Our findings contribute to the ongoing debates concerning the impact of audit report lag by emphasizing its impact on financing costs.
As for limitations, we mention that there is no flawless approach to estimating the cost of equity capital. Even if the adopted measurements of the cost of equity capital in this research have wide empirical support, the measurements can be improved.
Keywords: Audit report lag, cost of equity capital, quality of information, improved decision-making, information asymmetry
Classification JEL : M40
Paper type : Empirical ResearchThis research investigates the impact of external audit report lag on the cost of equity capital and how investors perceive audit report lag.
We posit that a longer audit report lag is associated with a higher cost of equity capital because a lengthier audit report arouses investors' mistrust concerning accounting practices and the credibility of reported financial information, which increases the cost of equity capital in return.
For the contributions of the study and to the best of our knowledge, this paper is the first to study the impact of audit report lag on the cost of equity capital in the French context.
Using a sample of the 881 listed French companies and 34,950 firm-year observations from 2008 to 2021, we find that firms with higher audit report lag have a higher cost of equity capital. Investors link extended audit delay to a lack of transparency, issues in financial reporting, and higher business risks (such as dubious accounting practices and adverse or disclaimer opinions) due to information asymmetry.
Our findings have implications for companies, investors, auditors, and regulators as they highlight that firms' cost of equity capital is positively associated with the audit report lag. Our findings contribute to the ongoing debates concerning the impact of audit report lag by emphasizing its impact on financing costs.
As for limitations, we mention that there is no flawless approach to estimating the cost of equity capital. Even if the adopted measurements of the cost of equity capital in this research have wide empirical support, the measurements can be improved.
Keywords: Audit report lag, cost of equity capital, quality of information, improved decision-making, information asymmetry
Classification JEL : M40
Paper type : Empirical Researc
Adapting Moroccan Fiscal Policy to the Coronavirus Crisis
No full textThis theoretical research article delves into the role of Moroccan fiscal policy in response to the COVID-19 crisis. It assesses the emergency fiscal measures taken by the Moroccan government, comparing them to international standards. The analysis also examines the impact of the crisis on public finances, highlighting a significant deficit in tax revenues. To compensate for this loss, the study posits the need for a robust fiscal policy, which is crucial to support an effective economic recovery post-crisis. Structured around five strategic pillars, this policy aims to expand social protection, integrate the informal sector, combat tax fraud, establish a trustworthy relationship between taxpayers and the state, support productive enterprises, and enhance the purchasing power of citizens.
Keywords: COVID-19; fiscal measures; fiscal policy; revenue mobilization; economic recovery.
JEL Classification: E62 ; H12 ; H20 ; O23 ; I18
Paper type: Theoretical Article.Cet article de recherche théorique approfondit le rôle de la politique fiscale marocaine en réaction à la crise du COVID-19. Il évalue les mesures fiscales d'urgence prises par le gouvernement marocain, en les comparant aux normes internationales. L'analyse porte également sur l'impact de la crise sur les finances publiques, soulignant un déficit significatif en recettes fiscales. Pour pallier cette perte, l'étude avance la nécessité d'une politique fiscale robuste, cruciale pour soutenir une reprise économique post-crise efficace. Structurée autour de cinq axes stratégiques, cette politique vise à étendre la protection sociale, intégrer le secteur informel, combattre la fraude fiscale, instaurer une relation de confiance entre les contribuables et l'État, appuyer les entreprises productives et améliorer le pouvoir d'achat des citoyens.
Mots clés : COVID-19 ; mesures fiscales ; politique fiscale ; mobilisation des recettes ; relance économique.
Classification JEL : E62 ; H12 ; H20 ; O23 ; I18
Type de l’article : article théorique
The contribution of management control to organizational performance: a literature review
Get PDFSince it first appeared in American companies in the 1920s, the management control system has continued to develop, moving from a traditional model focused on financial management to a new model focused primarily on performance management.
In this context, this contribution aims firstly to analyze the evolution of the concept of management control systems in the scientific literature, and secondly, to identify its impact on organizational performance by mobilizing the theories and scientific work carried out on the subject.
This research presents an important interest because it is in line with the work of other researchers in the field of management control.
Keywords: Management control; Organisational performance, modern management control tools.
Classification JEL: M4, M49
Paper type: Theoretical ResearchSince it first appeared in American companies in the 1920s, the management control system has continued to develop, moving from a traditional model focused on financial management to a new model focused primarily on performance management.
In this context, this contribution aims firstly to analyze the evolution of the concept of management control systems in the scientific literature, and secondly, to identify its impact on organizational performance by mobilizing the theories and scientific work carried out on the subject.
This research presents an important interest because it is in line with the work of other researchers in the field of management control.
Keywords: Management control; Organisational performance, modern management control tools.
Classification JEL: M4, M49
Paper type: Theoretical Researc
Contribution de la gestion des connaissances a la compétitivité de l’entreprise marocaine : étude empirique
Get PDFIn recent years, several theories have been put forward for the practice of KM. However, given the abstract nature of the field, there is little consensus on the components and modes of knowledge management. Much current research focuses on one or a few organizational elements of knowledge management. The critical and fundamental relationships between all elements are often overlooked. The need for theories, principles and empirical methods for knowledge management is widely recognized in the existing management literature. Thus, the main motivation of this research is to develop a broad model in the form of a holistic framework for corporate knowledge management and to highlight the tangible impacts of knowledge management on the competitiveness of Moroccan companies’ subject of the study carried out in 2019/2020 and to present the challenges of Knowledge management and contributed to a good understanding of the benefits of KM for the company.
The research study is carried out with an interpretative paradigm and the non-demonstrative induction approach with a questionnaire research strategy to explore and describe various factors influencing the practice of knowledge management in organizations.
The results of this research revealed a significant relationship between knowledge management and competitiveness through the establishment of a culture of sharing and recognition promoting increased productivity of employees, through the involvement of customers in the process of product development and strengthens their loyalty, considerable efficiency of the innovation process due to capitalization on good R/D project management practices and improved decision-making.
Keywords: Knowledge management; culture of sharing; intellectual capital; competitiveness.
Classification JEL: M41
Paper type: Empirical ResearchAu cours des dernières années, plusieurs théories ont été avancées pour la pratique de GC. Cependant, étant donné la nature abstraite du domaine, il y a peu de consensus sur les composants et les modes de gestion des connaissances. Plusieurs recherches actuelles portent sur un ou quelques éléments organisationnels de la gestion des connaissances. Les relations critiques et fondamentales entre tous les éléments sont souvent ignorées. Le besoin de théories, principes et méthodes empiriques pour la gestion des connaissances est largement reconnu dans la littérature existante sur la gestion. Ainsi, la motivation principale de cette recherche est de développer un modèle large sous la forme d'un cadre holistique pour la gestion des connaissances d'entreprise et de mettre en lumière les retombées tangibles de la gestion des connaissances sur la compétitivité des entreprises marocaines, sujet de l’étude réalisée en 2019/2020 et de présenter les défis du Knowledge management et de contribué à une bonne compréhension des bénéfices de la GC pour l’entreprise.
L'étude de recherche est réalisée avec un paradigme interprétatif et la démarche d’induction non démonstrative avec une stratégie de recherche par questionnaire permettant d’explorer et de décrire divers facteurs influençant la pratique de la gestion des connaissances dans les organisations.
Les résultats de ce travail de recherche ont révélé une relation significative entre la gestion des connaissances et la compétitivité à travers l’instauration d’une culture de partage et de reconnaissance favorisant une productivité accrue des collaborateurs, par l’implication des clients dans le processus de développement des produits et renforce leurs fidélités, une efficacité considérable du processus d’innovation due à la capitalisation sur les bonnes pratiques de gestion de projet de R/D et l’amélioration de la prise de décision.
Mots clés : Gestion des connaissances ; culture de partage ; capital intellectuel ; compétitivité.
JEL Classification : M41
Type du papier : Recherche Empirique
 
L’impact des soft skills sur l’insertion professionnelle des jeunes diplômés dans le secteur industriel
Get PDFAccording to the High Commission for Planning’s report, unemployment in Morocco is particularly high among young graduates. This study brings us back to the issue of integrating young graduates into the job market.
Nowadays, companies are more focusing on human capital as the key to their success. As a result, recruiters are keen to hire the best people possible: they prefer to recruit graduates who possess high academic qualifications and technical skills, combined with non-academic competencies that they consider very important.
The aim of this article is to show the relationship between soft skills and employability in the literature, and to verify its existence in the industrial sector.
Using a qualitative study involving a number of HR professionals in the industrial sector, we were able to show that soft skills have an impact on the employability of young graduates. We also identified the key skills that help young people to succeed in the industrial sector, which is characterized by a demanding and unstable environment.
The most demanded skills by professionals in this sector are: communication, collaboration, time and stress management, logical and critical thinking, creativity and flexibility; those skills are considered as the key for young graduates to successfully carry out their mission in such a sector.
In the industrial sector, soft skills may not find their place, especially when it comes to rare technical positions.
The study showed that soft skills in the industrial sector are increasingly valued by recruiters and can make a difference in the integration and professional success of candidates. Soft skills, such as communication, time and stress management, critical thinking, creativity, and flexibility, are particularly sought after in the industrial sector. They are considered essential for support functions but may not be as relevant for rare technical positions.
Keywords: Soft skills, graduates, employability, industrial sector
JEL Classification : M12
Paper type: Empirical ResearchLes entreprises mettent le capital humain au cœur de leurs préoccupations, vu qu’il est considéré comme la clé de leur réussite. À ce titre, les recruteurs veillent à dénicher les meilleurs profils qui puissent exister sur le marché de travail. En effet, ils préfèrent recruter des diplômés qui possèdent des qualifications académiques et des compétences techniques élevées combinées à des compétences non académiques qu’ils considèrent très importantes.
L’objectif de cet article est de montrer d’une part la relation qui existe entre les softs skills et l’employabilité au niveau de la littérature et d’autre part vérifier cette relation sur le terrain, et ce, à l’aide d’une étude qualitative auprès d’un échantillon de professionnels du domaine des ressources humaines (RH) qui opèrent dans le secteur industriel. Notre objectif étant de montrer que le développement des compétences douces chez les jeunes diplômés impacte leur employabilité. En outre, nous essayerons de relever les compétences clés qui aident les jeunes diplômés à réussir leur intégration dans le secteur industriel, caractérisé par un environnement exigeant et instable.
L’étude a montré que les compétences douces dans le secteur industriel sont de plus en plus valorisées par les recruteurs et peuvent faire la différence dans l'intégration et la réussite professionnelle des candidats. Les compétences douces, telles que la communication, la gestion du temps et du stress, la pensée logique et critique, la créativité et la flexibilité, sont particulièrement recherchées dans le secteur industriel. Elles sont considérées comme essentielles pour les fonctions du support, mais peuvent ne pas être aussi pertinentes pour les postes techniques rares.
Mots clés : Soft skills, jeunes diplômés, employabilité, secteur industriel
Classification JEL : M12
Type de l’article : Article empirique
Corporate Income Tax (CIT) and Capital
Get PDFThis research consists of verifying whether CIT has an effect on capital given the financing risk incurred. A review of several capital theories has shown that CIT is one of the main determinants of a firm's capital structure. The inclusion of CIT in capital structure models continues to divide the world of corporate finance. Debt interest deduction in computing CIT reinforces the controversy over the question of the capital structure that optimizes the tax savings provided by this deduction. The consequence is the existence of two opposing groups on the optimum capital structure: on the one hand, the group of those who believe that there is one and only one optimal capital structure, and on the other, the group of those who reject out of hand any possibility of an optimal capital structure.
The sample starts with a case study of two hypothetical identical firms, one indebted and the other non-indebted, with the same profitable investment project over a period of time, and ends with 101 pairs of identical firms belonging to different classes of financing risk. The hypothesis of non-gratuity of cost and income is used, and capital markets are assumed to be pure and perfect.
The results confirm that CIT has no effect on the structure, value, cost and return of capital for a given financing risk, and reveal the existence of a third source of financing called "public capital", whose cost is the corporate capital tax rate (CCTR). There is no longer any question of thinking about the optimum capital structure, which is a pure financial illusion. This paper is one of the first to show that CIT does not affect capital, and to propose a model that explains capital structure behavior in the presence of CIT.
Keywords: Capital structure; firm value; weighted average cost of capital (WACC); return on investment; financial integration of corporate tax.
JEL Classification: G32; G34; G38; H24; H26; H32
Paper type: Empirical ResearchThis research consists of verifying whether CIT has an effect on capital given the financing risk incurred. A review of several capital theories has shown that CIT is one of the main determinants of a firm's capital structure. The inclusion of CIT in capital structure models continues to divide the world of corporate finance. Debt interest deduction in computing CIT reinforces the controversy over the question of the capital structure that optimizes the tax savings provided by this deduction. The consequence is the existence of two opposing groups on the optimum capital structure: on the one hand, the group of those who believe that there is one and only one optimal capital structure, and on the other, the group of those who reject out of hand any possibility of an optimal capital structure.
The sample starts with a case study of two hypothetical identical firms, one indebted and the other non-indebted, with the same profitable investment project over a period of time, and ends with 101 pairs of identical firms belonging to different classes of financing risk. The hypothesis of non-gratuity of cost and income is used, and capital markets are assumed to be pure and perfect.
The results confirm that CIT has no effect on the structure, value, cost and return of capital for a given financing risk, and reveal the existence of a third source of financing called "public capital", whose cost is the corporate capital tax rate (CCTR). There is no longer any question of thinking about the optimum capital structure, which is a pure financial illusion. This paper is one of the first to show that CIT does not affect capital, and to propose a model that explains capital structure behavior in the presence of CIT.
Keywords: Capital structure; firm value; weighted average cost of capital (WACC); return on investment; financial integration of corporate tax.
JEL Classification: G32; G34; G38; H24; H26; H32
Paper type: Empirical Researc