Economics and Business Administration

  • Efficacy Evaluation of Staff Training Course: A case study in Islamic Banking

    There are many kinds of training in institutions. But one of them the latest and most eminent train pattern intended to appraise efficacy operating workforce teaching be Kirkpatrick model. , the efficacy of the worker’s teaching path investigated Islamic banking. The feedback form composed of five constituents that take in: acquisition, the reaction of attitude, consequences moreover the novelty within the position of confounding factors are dispensed. It is showed in an investigation that some elements are such as (reaction, actions as well as creations) are having momentous end products going on the tradition efficiency on the way to Kirkpatrick model. As well as two factors (education as well as product for path) are no more a trivial consequence.

  • PEST Analysis of Development Trend in China’s Online Drug Retail Market under the “Internet Plus” Strategy

    Objective: to probe the current situation of the online drug retail market in China, so as to provide reference for the future development direction of the market. Method: through big data, to establish PEST model and analysis the current situation of the online drug retail market in China from the four dimensions of politics, economic, society and technology. Results and Conclusion: at present, the policy environment of China’s online drug retail market is good, the number of pharmaceutical e-commerce enterprises will continue to increase and the scale of market size will grow. Although there are still problems such as insufficient purchasing power of consumers, uneven regional development, imperfect payment method and distribution system and so on, with the continuous promotion of “Internet Plus” strategy and benign competition in the market, China’s online drug retail market will develop rapidly. With the promotion of “Internet Plus” strategy in China, relying on network technology, drug market is closely liked to e-commerce activities, and the online drug retail market has become an important form of drug sales. By collecting and analyzing big data, establishing PEST model and probing the current situation of China’s online drug retail market from four dimensions, this paper provide the direction for the future of the online drug retail market in China.

  • Econometric Analysis of Macro Influencing Factors of Housing Prices in China – Comparison of two period data based on EVIEWS

    As one of the pillar industries of the country, the real estate industry has developed rapidly under the influence of the market economy and people’s needs.The rising housing prices have brought a serious burden to the residents. The introduction of relevant regulatory policies has not significantly inhibited the high housing prices.Therefore, this paper takes the two periods of 1992-2001 and 2006-2015 as the two stages of real estate development and rapid development. The real estate price is the research object, and the relevant economic influence factors are selected from the macroscopic point of view.This paper analyzes and tests through Eviews software and establishes appropriate regression models to determine the main macro factors that affect housing prices.According to the comprehensive analysis of the results of the two-stage model, it is found that the money supply is always one of the factors of housing prices, and the influence is increasing. At the same time, the consumer price index has a great influence on the housing prices in 1992-2001. However, in 2006-2015 this factor was relatively reduced or even not.Finally, this paper proposes relevant policy recommendations for housing prices regulation through analysis results.

  • INFLUENCE OF E-GOVERNANCE ON BUSINESS AND ECONOMY

    The development of information and communication technologies has reached a level where their use in government is becoming not only expedient but also inevitable. The Internet and ICT have created the technical and technological foundation that can significantly improve the efficiency of public administration, provide businesses and citizens with access to necessary information, simplify bureaucratic procedures and reduce the time for decision making. This article describes the new conditions in which the business is developing. The article presents the features of the interaction of e-government and business, the impact of e-government on the development of the economy as a whole. The authors analyzed the process of development of technologies for e-government. They reformulate the term “e-government” based on the definitions presented in the literature. The authors identified the tasks that are solved by means of e-government. Also, the authors set up indicators for evaluating the effectiveness of the e-government. Finally, the structure of the quality standard for e-government services was suggested. The implementation of the e-government demonstrates advantages for the further development of the economic sector and whole state in general.

  • Impact of Implementing IPSAS on Public Organizations in Lebanon: An Empirical Study

    Reform in the public sector organizations starts with reforming the accounting information system. The idea of reform boosted the attempts of certain countries to take steps toward developing the accounting systems in their managements in order to improve their efficiency and to cope with the fast political and economic changes in addition to satisfying the public opinion about getting better services. International organizations, including the International Monetary Fund (IMF) have realized the importance of improving the efficiency of the public sector to improve development rates in developing countries and to get international grants and loans. Thus, a unified way to communicate among countries was needed. This study investigates the impact and impediments of implementing International Public Sector Accounting Standards (IPSAS) in Lebanon. The researchers adopted the analytical descriptive approach utilizing an empirical study. A questionnaire was constructed and distributed among a sample of Lebanese certified public accountants. The research yielded some important findings mainly that adopting and implementing IPSAS lead to the advancement in the qualitative characteristics of financial statements in public organizations in Lebanon. It also concluded that there are some obstacles in adopting and implementing IPSAS in public organizations in Lebanon.

  • Analysis and Study of Influence Factors and Control Strategies For Power Grid Operation Costs

    At present, power grid construction is playing a more and more important role in development of China power sector because of maldistribution of electric energy. This passage is based on three steps in the electrified wire netting construction process: power transformation, transmission, distribution. By summing up the feature of them, some conclusions about influence factors of power grid operating costs are required. After that, this paper analyzes negative influence of high costs. At last, keeping a reasonable control on single cost is put forward to make controlling total costs strongly possible.

  • Is there a causal relationship between knowledge capital and industrial enterprises added?

    This paper explores the impact effects of different knowledge capital investment on the industrial enterprises added in China. Using 2007-2016 China’s industrial enterprises panel data of 31 provinces, we analyze the space spilt effect of knowledge capital in different regions and explores the causal relationship between knowledge capital and industrial enterprises added by using the dynamic space Dubin model. The results show that: the knowledge capital investment of industrial enterprises has obvious spatial agglomeration ef-fect, and the agglomeration effect increases gradually with time. The results also show that: the estimated results under three kinds of spatial weight matrices show that the positive spillover effect of knowledge cap-ital on enterprise income is significant.

  • Bank Selection Criteria in the Saudi Community Empirical Study of Saudi Banks Customers in Tabuk City

    The study aims to investigate the determinant factors of bank choice among Saudi community; to rank these determining factors according of the customer’s priority; and to examine whether Saudi banks ‘customers will be a homogeneous group concerning the way they select a bank or not.it follows a descriptive survey research design, quantitative research approach is adopted through the semi-open structure questionnaire. Total of 178 respondents from different banks (full fledge Islamic, conventional and Islamic window banks) as of a single point in time in the form of quantitative measures. Exploratory Factor Analysis is employed to rank factors effect bank choice criteria among Saudi people. Results of factor analysis reveal that ranks of factors affect customer decision in selecting a bank service based on mean, are satisfaction(mean =4.05) ,service quality (mean=3.74),Islamic value (mean =3.7),service cost(mean=3.5),financial intermediate (mean =3.39). Moreover it discovers that Customers in Saudi banks are homogeneous. Lessons to be learned from the study result, Saudi banks should focus on service quality,; note that Saudi Arabia is one of transfers’ countries, and Islamic banks should be emphasizing on customers ‘trust about services consistent with sharia’h provision.

  • Effect of Trading Volume on Market Returns of Equity Securities Market in Kenya

    The study aimed to establish the effect of trading volume on market returns of securities traded in Kenyan securities exchange market. The study used secondary data from all the firms listed in NSE during the period 2004 to 2016. The target population of the study consisted of the sixty 62 companies listed in Nairobi securities exchange market that is, both financial and non-financial companies. The study was a census study of all the sixty 2 companies listed in the Nairobi security exchange market for 13 years starting the year 2004 to the year 2016. The study started with descriptive and then diagnostic tests. The measures of central tendency used to test normality were mean, median, maximum and minimum value, standard deviation, skewness, kurtosis and Jarque-Bera (JB) test. The results from these tests showed that the variables were fairly normally distributed. The study further sought to investigate the stationality properties of market returns, trading volume. The study used five panel data unit root tests. Particularly the test were, Levin, Lin and Chu t, Breitung t-stat, Im, Pesaran and Shin W-stat developed, Fisher-type tests using augmented dickey fuller ADF and (Phillip and Peron) PP tests. The all these tests revealed that the variables were stationary on average. The study also sought to test the granger causality among the variable. The results from granger causality showed that some of the variables granger caused one another. The cointegration results showed that there was long-run equilibrium. The regression techniques used was Cross-section fixed (dummy variables) and Period fixed (dummy variables). The regression results revealed that the variables were statistically significant effect on market returns trading volume had a positive effect on the market returns. It is therefore in this light that the future research should consider other variables which would increase the predictive power of…

  • Factors Affecting Internal Auditor’s Performance in Public Universities in Kenya

    The study focused on the factors affecting internal auditors ‘performance in public universities in Kenya. It aimed at achieving the objectives: to determine how the working environment, to assess how the challenges to the independence of internal auditors, to assess the impact of the level of technical competency affects the performance of internal auditors in public universities in Kenya. Thus this study evaluates the effect of working environment, establishes the effect of internal auditor’s independence and the effect of internal auditors competence on the performance of internal auditor in public universities in Kenya. Descriptive research design was applied, with a target population of the chief internal auditors from 31 chartered public universities in Kenya which are registered by the Higher Education ministry. A random simple sampling technique was applied o give the sample size of 31. Primary data was used for analysis. The study found out that the internal auditors working environment, internal audit independence and authority, internal auditor’s technical competence impacted on the performance of internal audit function. The study recommended that auditors should consider complying with professional standards as the most important contributor to internal auditing performance. The management in the public universities should keep organizing seminars and workshops where the internal auditors would be trained frequently by experts either internally or externally.