Economics and Business Administration

  • The Efficacy of counseling in Eradicating The Problems of Entrepreneurship Education

    This paper examines the effect counseling in eradicating the problems of entrepreneurship education. The study actually tried to find the extent at which counselling has enhanced entrepreneurship education significantly and how Cognitive Behavior Modification Strategies (CBMS) can be used to instill awareness of entrepreneurship education. The study made use two hypotheses. Survey research design was adopted for the study. The sample for the study comprised 62 staff of Center for Entrepreneurship Studies Ogun State University Nigeria. Data obtained from the questionnaire was analyzed using Chi-square technique. The research indicates that there is a positive and significant relationship between Counseling and Entrepreneurship Education. Also, the result shows that Cognitive Behavior Modification Strategies of counseling (CBMS) can be used to instill awareness of Entrepreneurship Education. Based on the results of the study, the study recommended that Counselors should use practical tools rather than theories, make use of available resources in their localities and encourage students to be involved in the local trades in their communities; these will help to enhance students’ skills and knowledge of entrepreneurship education needed and also Workshops, seminars and refresher courses should be organized for practicing counselors from time to time on career counseling skills improvement for the challenges of entrepreneurship education.

  • 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.

  • A study on the Management Mode of Modern Vocational Education in China

    Since the reform and opening up, the management model of China’s vocational education has exposed many problems and deficiencies in the process of continuous improvement. The purpose of this paper is to study the management mode of modern vocational education in China, including: 1) research on the development of modern vocational education in China after reform and opening up; 2) study the current status and management mode of vocational education management in China; 3) summarize the main aspects of modern vocational education management theory and model to optimize the management model suitable for the development of modern vocational education in China. This paper selects the methods of qualitative research, selects the relevant responsible persons of vocational colleges, government and enterprise departments, conducts in-depth interviews on the relevant issues of China’s modern vocational education management model, and combines relevant books, reports and materials to propose an optimized management mode of modern Chinese vocational education. Through qualitative analysis, we find that 1) Since the reform and opening up, the development of China’s vocational education has mainly experienced the “exploration and practice stage”, “the stage of vigorous growth” and “the stage of quality improvement”, which has shifted from the cultivation of professional talents to the quality training; 2) The current Chinese vocational education management model mainly follows the modern apprenticeship management mode, and gradually explores the formation of vocational education group and corporate management mode. In the quality training of vocational students, it pays attention to the implementation of talent integration projects and strengthens the combination of engineering and learning. School-enterprise cooperation to enhance the practical ability of students in vocational colleges; 3) However, there are still many problems in the management of modern vocational education in China, such as the closure of vocational education teaching mode and the simplification of management mode….

  • A Brief Report for Trading Game

    This paper summarizes trade details, strategy made, and the participant learned through trading on STOCKTRAK game. The report also includes the profits and losses, every trade made on derivatives products, the timing for buying and selling and gain some practical experience.

  • The pursuit of ethical practice in Distance Higher Education assessment in a Business Leadership School

    The pursuit for quality in the learning process in Distance Higher Education is ongoing and continually leading to better ways in which to facilitate learning. It is evident in current literature that high-quality learning outcomes can be achieved by giving students in higher education institutions greater control over their own learning and by engaging in reflective inquiry and enhanced critical thinking within a constructivist paradigm. In the era of open access and digital-based information and communication in which we live, a huge challenge facing higher education is the issue of unethical practices by students. Ensuring academic honesty is a major challenge for traditional classroom teaching, but it is even a more pressing problem for online course-work in which students submit for example, individual assignments and projects. How can unethical student practices be eliminated where the use of information technology is manifest for all learning and instruction? Academically dishonest behaviour in Distance Higher Education (DHE) institutions is on the rise and manifests in various ways including inter-alia, plagiarism in which students use the work of others and which they fail to disclose through acceptable citation methods or even fail to acknowledge. Many find it expedient to cheat and may even stoop to bribery. There are also instances where students fabricate information and falsify what they present as the fruits of their own labours. Whether in assignments or portfolio work, or other such activities and assessments online, there are cases in which students either offer, or acquire assistance from other parties in their formal academic activities, falsify information, are guilty of misrepresentation and thus act out-of- line from an ethical perspective and demonstrate that they are devoid of ethical practice. It is thus crucial to integrate academic ethics education in all core programmes so that students and also their lecturers’, become conversant…

  • Brief valuation of Systems, Applications & Products (SAP) corporation

    SAP is one of the largest players in the commercial software sector. Following our analysis of SAP’s history and capital structure, it is evident that the company has been able to sustain a stable growth for the past 15 years, whilst also maintaining a stable dividend payout. Barring 2015, SAP’s WACC has fallen year on year over the observed period, maximising shareholder value and equity prices. Its conservative financing policy, with a greater emphasis on equity financing than debt may on the one side foreclose potential growth acceleration, yet also indicates a long-sighted managerial conservatism that is focused on long-term value creation rather than short-term growth. One danger of conservative policies is the potential stalling of further growth. However, new partnerships such as the newly announced enlargement of SAP’s cooperation with Microsoft in the sphere of cloud services point in the right direction towards further growth in a highly saturated sector.

  • Digital Shopping and the Purchasing Journey of Post Graduate Students in Rivers State University, Port Harcourt, Nigeria

    The study examined the effect of digital shopping on the purchasing journey of post graduate students in Rivers State University, Port Harcourt, Nigeria. The study sampled 395 respondents from five (5) faculties in the Rivers State University and 96.45% response rate was used for data analysis. Descriptive and inferential statistics were used to analyse data in this study. Pearson’s Product Moment Correlation Co-efficient (r) was used to test the two hypotheses formulated in this study. The study revealed that to a large extent functionality of the internet infrastructure impact on post graduate students’ experience in Rivers State University. The study also revealed that to a large extent internet security affects the recommendations by post graduate students in Rivers State University. The study found that to a large extent that effective digital or online shopping habit/experience helps to strengthen the academic performance of the post graduate students. The study identified major factors influencing digital or online shopping experience of post graduate students to include: Insufficient knowledge of how online shopping works, providing for unexpected delays, personal internet access, convenience, poor quality of the products offered online, privacy protection, customer service, time saving, inadequate technological infrastructure and shipping problems. Conclusively, it is obvious from the study that digital shopping has come to stay because the technological infrastructures have engendered its prevalence in the society. From the test of hypotheses, it is evident that: There is significant relationship between the functionality of the infrastructure of the internet and repeat online patronage by post graduate students and there is significant relationship between the internet security and recommendations by post graduate students. The study therefore recommends that online shop owners/operators should take important measures to eliminate the psychological factors like trust and security and build trust in the online retail firms and ensure the privacy…

  • Exploring the relationship among Servant leadership, Trust, Team efficacy and intrinsic motivation in Medical field

    Growing topic now a day in the leadership literature is servant leadership. Purpose of this paper is to explore the emergent mechanism of servant leadership with the dependent variable of intrinsic motivation as well as trust as moderator and team efficacy as a mediator. Data sample of 200 respondent’s males and females both has been taken from the different hospitals through self-administered questionnaires. Sample consists of both male and female staff in the hospitals. For the purpose of the analysis; SPSS and AMOS software has been used and conclusions drawn from the developed hypothesis results. Findings indicate that servant leadership has significant impact on intrinsic motivation through the moderating variable trust and mediating variable team efficacy. This research addresses the knowledge gap of trust as a moderator between servant leadership and team efficacy in the presence of dependent variable intrinsic motivation.

  • Impact of Employee Engagement on Organizational Effectiveness

    Purpose: Every organization has the aim of improving their effectiveness. Financial markets are also using different management practices to enhance the competitive level. Purpose of this study is to improve the organization effectiveness by interconnection among all the variables and to check the moderator effect on all these variables. Design/methodology/approach: Convenience sampling technique is used to obtain the data for analysis. A structured questionnaire is made to obtain the data and the sample is 250 employees of all Islamic bank. SEM approach is used to testing the hypothesis for the analysis of moderator. Findings: The results of this study describe that if the training & development, compensation & benefits, leadership and organizational justice are at higher level then it will lead to the higher level of employee engagement. And role of organizational justice also shows the positive relationship on all the variables. Limitations/implications of research: The limitation of this study is that the information is collected only from two cities and the results of this study are not truly defined. Information can be collected from different areas so the better results can be collected. Practical implications: It is difficult to engage the employees especially in the high competitive environment so the results of this research suggest that how an organization can increase the level of engagement among the employees to increase the effectiveness of organization. Originality: Firstly the gap which is covered in literature review is that employee engagement builds team work, training, job security, effective communication and work schedule through leadership, training and development, compensation and benefit and organizational justice, second it tests the positive effect of organizational justice that how a relationship can be more strong and that provides the more data explanations than previous.