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Human Resources Accounting: Issues, Benefits and Challenges
Issue:
Volume 5, Issue 3, June 2017
Pages:
129-138
Received:
21 September 2016
Accepted:
14 January 2017
Published:
2 April 2017
Abstract: The focus of this paper is on Human Resources Accounting which has not been properly integrated into the financial statement of various organizations and being regarded as assets. The main purpose of this study is to examine the issues involved in valuing human resource /people working in organizations, which has been regarded as the most valuable assets in business organizations, the benefits of attaching values and the challenges and obstacles of implementing the Human Resource accounting disclosures of such values in the firm’s statement of financial position. In the pursuit of the focus of this study the paper adopts exploratory and content analysis methods of secondary data. The paper reveals that the exponent of human resources valuation models in most cases have not dealt with the mode of recording and disclosure of the accounting information relating to human resources in the books of account or financial statements of the organization. In most cases, the human resource accounting information is given in the form of supplementary information attached to the financial statements. This is of great concern to accounting professionals and practitioners. The paper concludes that considerable research done is due to the increasing importance of human capital in the economy to develop the concepts and methods of valuing human resource that has been recognized as human resources accounting (HRA), and that there is a great need for evolving a system of accounting for human resource that is acceptable to professional accountants, mangers and other decision makers – investors, creditors and other stakeholders.
Abstract: The focus of this paper is on Human Resources Accounting which has not been properly integrated into the financial statement of various organizations and being regarded as assets. The main purpose of this study is to examine the issues involved in valuing human resource /people working in organizations, which has been regarded as the most valuable ...
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Economic Growth Arguments: The Role of the Capital Market
Oke J. A.,
Okunlola F. A.,
Suberu O. J.
Issue:
Volume 5, Issue 3, June 2017
Pages:
139-145
Received:
24 December 2016
Accepted:
4 January 2017
Published:
14 April 2017
Abstract: The study has examined critically the vital role capital market can play at improving economic growth. The total market capitalization and all share index were used as proxies for the independent variables while gross domestic product was used as proxy for economic growth, serving as dependent variable. The study considered the activities at the capital market as having value chain consequences that encapsulate the wheel of growth of the economy. As such, to test the validity the OLS regression analysis technique was adopted for empirical analysis. The result indicates a statistically significant relationship with total market capitalization while all share index showed a statistically insignificant relationship. In all, more instruments were recommended to be introduced in the market if the capital market would fully perform its function as lubricating channel of economic growth.
Abstract: The study has examined critically the vital role capital market can play at improving economic growth. The total market capitalization and all share index were used as proxies for the independent variables while gross domestic product was used as proxy for economic growth, serving as dependent variable. The study considered the activities at the ca...
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Liquidity Management and Performance of Deposit Money Banks in Nigeria (1986 – 2011): An Investigation
Issue:
Volume 5, Issue 3, June 2017
Pages:
146-161
Received:
15 October 2016
Accepted:
20 December 2016
Published:
28 April 2017
Abstract: Liquidity and bank performance are key factors in determining the survival, growth, sustainability and performance of a banking system. Mistakes in liquidity planning and implementation can affect banking operations and might exhibit long term effect on the economy. The main aim of this study is to find empirical evidence of the impact of liquidity management on the performance of deposit money banks. 24 banks were surveyed which constitute the entire deposit money banking industry in Nigeria between 1986 and 2011. Secondary data were collected and analysed using SPSS. The study uses descriptive, correlations and inferential statistics. Bank performance in terms of profitability is measured by its return on equity. Three hypotheses are formulated and statistically tested at 5 per cent level of significance using Multiple Linear Regression Analysis. Findings from the empirical analysis show that there is a significant relationship between liquidity management and the performance of Deposit Money Banks in Nigeria. The correlation results reveal positive impacts between return on equity and liquidity management variables: liquidity and cash reserve ratios, whereas loan to deposit ratio shows negative impact. However, the key results indicate that only the banks with optimum liquidity were able to maximize returns. The study concludes that illiquidity and excess liquidity pose problem to bank management operations and recommends that bank should adopt optimum liquidity model for efficiency and effectiveness.
Abstract: Liquidity and bank performance are key factors in determining the survival, growth, sustainability and performance of a banking system. Mistakes in liquidity planning and implementation can affect banking operations and might exhibit long term effect on the economy. The main aim of this study is to find empirical evidence of the impact of liquidity...
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Effect of Automated Teller Machines Usage on Operational Performance of Commercial Banks in Nakuru County, Kenya
Hussein Mohamed Abdullai,
Richard Bitange Nyaoga
Issue:
Volume 5, Issue 3, June 2017
Pages:
162-167
Received:
2 May 2017
Accepted:
13 May 2017
Published:
23 May 2017
Abstract: The aim of this paper was to determine the effect of Automated Teller Machines usage on operational performance of commercial banks in Nakuru County, Kenya. The study was guided by the research objective: to establish the effect of automated teller machines (ATMs) usage on operational performance of commercial banks in Nakuru County, Kenya.The study employed the following theories namely: Diffusion of Innovation and The Theory of Reasoned Action. The study adopted a correlational-cross-sectional research design. The study population comprised 56 employees of the 28 commercial banks. There are 31 commercial banks branches in Nakuru County, Kenya with Kenya Commercial Bank, Co-operative Bank and Equity bank having 3, 2 and 3 branches respectively which makes a total of 31 commercial banks out of which the researcher, through a simple random sampling, chose 28. Data was collected using structured questionnaires. A pilot study was conducted in Eldoret Town, Uashin Gishu County to determine validity of the research instruments where Cronbach’s alpha coefficient was employed. For the purpose of determining the effect of ATMs usage on operational performance, correlation and regression analysis were carried out. The study established that ATM usage has a positive significant relationship with operational performance. The study recommends that managements of commercial banks should highly invest in ATMs as it positively influences operational performance. The study suggests that further studies should be conducted to relate ATMs with other variables like quality and flexibility.
Abstract: The aim of this paper was to determine the effect of Automated Teller Machines usage on operational performance of commercial banks in Nakuru County, Kenya. The study was guided by the research objective: to establish the effect of automated teller machines (ATMs) usage on operational performance of commercial banks in Nakuru County, Kenya.The stud...
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An AHP Based Approach to Identify and Eliminate Most Severe Risks of the Internal Supply Chain of Ready Made Garments (RMG) Industries: A Case Study
Pritom Kumar Mondal,
Md. Habibur Rahman,
Md. SanoarHosin,
Prohlad Sarkar
Issue:
Volume 5, Issue 3, June 2017
Pages:
168-172
Received:
23 March 2017
Accepted:
19 April 2017
Published:
23 May 2017
Abstract: Risk is a basic term for any decision making framework which can be defined as a probability or threat of damage, injury, liability, loss, or any other negative occurrence that is caused by external or internal vulnerabilities. For having a wide range of risks, Ready Made Garments (RMG) sector faces different difficulties in accomplishing their missions and goals. This paper has identified different risks associated with internal supply chain of the RMG sector. To achieve the expected outcome from this study, a renowned apparel factory named TALISMAN (BD), a branch of FCI GROUP, has been visited. 58 risks in 11 different departments have been identified by discussing about the process with the experts and experienced personnel of those departments along with the previous historical data of that factory. Analytical Hierarchy Process (AHP) has been used to identify the most severe risk of each department. Some corrective actions have also been suggested to eliminate the most severe risks of all department to enhance the overall efficiency of the supply chain.
Abstract: Risk is a basic term for any decision making framework which can be defined as a probability or threat of damage, injury, liability, loss, or any other negative occurrence that is caused by external or internal vulnerabilities. For having a wide range of risks, Ready Made Garments (RMG) sector faces different difficulties in accomplishing their mis...
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Effects of Financial Literacy on Personal Financial Decisions among Egerton University Employees, Nakuru County, Kenya
Anne Wangeci Mwathi,
Alex Kubasu,
Nyang’aya Richard Akuno
Issue:
Volume 5, Issue 3, June 2017
Pages:
173-181
Received:
15 May 2017
Accepted:
24 May 2017
Published:
1 June 2017
Abstract: The current financial service market is complex and offers consumers a vast array of products and services to meet their financial needs. The degree of choice requires that consumers be equipped with the financial knowledge and skills to evaluate the options available in the market. Studies on the effects of financial on personal financial decisions indicate contradicting results. This study was carried out to establish the effect of financial literacy on personal financial decisions among Egerton University employees. The study was guided by the general objective of examining the effects of financial literacy on personal financial decisions. Specifically: to determine the effect of financial knowledge on personal financial decisions, to determine the effect of financial skills on personal financial decisions and to determine the effect of financial attitude on personal financial decisions. The study adopted the descriptive survey research design. The population of the study consisted of all Egerton University employees consisting of top management, middle level staff who include technical, administrative and teaching staff and lower level staff. A sample of 320 respondents was determined using sample determination table. The target sample size determined was drawn proportionately from each management level. A random sample from each stratum was taken in a number proportional to the stratum’s size when compared to the population. Primary data was collected through structured questionnaires. Data validity and reliability was checked by pilot testing and by use of Cronbach Alpha (0.876). Data was analyzed using descriptive statistics, Pearson correlation and multiple regression analysis with the help of Statistical package for Social Sciences (SPSS). Findings revealed that financial knowledge and financial skills were significant in determining personal financial decisions while financial attitudes did not influence significantly personal financial decisions. Overall the effect of financial literacy was found to have a positive statistically significant relationship with personal financial decisions. The study recommendations include: Financial education on financial products available in the market especially on mortgage, stocks and shares and investment accounts; provision of financial education programs to employees to enhance their financial skills and concerted efforts to inculcate appropriate attitude to translate acquired financial skills into practice and decisions-making among the employees.
Abstract: The current financial service market is complex and offers consumers a vast array of products and services to meet their financial needs. The degree of choice requires that consumers be equipped with the financial knowledge and skills to evaluate the options available in the market. Studies on the effects of financial on personal financial decision...
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Sports Marketing Strategy in Achieving the Marketing Objectives of the Economic Enterprise: A Case Study (Djezzy - Fans of USMA Club)
Mohammed Mouloud Ghezail,
Chaiech Abdellah,
Adjila Mohammed
Issue:
Volume 5, Issue 3, June 2017
Pages:
182-188
Received:
27 March 2017
Accepted:
19 April 2017
Published:
1 June 2017
Abstract: The study aims to find out the role of sports marketing strategy pursued by the economic enterprise in achieving its marketing objectives, through the measurement of the effect of sports sponsorship on recognition, then its impact on promoting the positive mental image of the enterprise. The study seeks to measure the impact of sports sponsorship on the purchase decision. To achieve the objectives of the study, a questionnaire is distributed to a group of 200 fans of USMA club which is sponsored by Djezzy. A lot of statistical methods are used to achieve the objectives of the study. The results show that sports marketing has an important role in achieving the marketing objectives of the enterprise.
Abstract: The study aims to find out the role of sports marketing strategy pursued by the economic enterprise in achieving its marketing objectives, through the measurement of the effect of sports sponsorship on recognition, then its impact on promoting the positive mental image of the enterprise. The study seeks to measure the impact of sports sponsorship o...
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Research on Dynamic Structure Emergency Resource Integration Based on Information Fusion
Wang Guohua,
Zhou Jiahui,
Cui Zhe
Issue:
Volume 5, Issue 3, June 2017
Pages:
189-193
Received:
7 April 2017
Accepted:
24 April 2017
Published:
12 June 2017
Abstract: Emergency decision, especially emergency resources dispatching decision is one of the elementary questions in emergency management. The paper takes dynamicity of emergency resources into consideration and gives a multi-stage dispatching thought, which includes the process of two-stage emergency rescure and continuous comsumption dynamic structure, on the basis of emergency resources’ identification and integration.
Abstract: Emergency decision, especially emergency resources dispatching decision is one of the elementary questions in emergency management. The paper takes dynamicity of emergency resources into consideration and gives a multi-stage dispatching thought, which includes the process of two-stage emergency rescure and continuous comsumption dynamic structure, ...
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The Level of Factors Influences on Customer’s Adoption of Internet Banking: The Case of Vietnam
Do Hoai Linh,
Nguyen Phuong Linh
Issue:
Volume 5, Issue 3, June 2017
Pages:
194-203
Received:
29 April 2017
Accepted:
10 May 2017
Published:
23 June 2017
Abstract: This article aims at assessing the level of factors influencing on customer’s adoption of Internet banking (IB) with the case of Vietnam. The study took primary data from in-depth interview and sample of 536 respondents surveyed from December 2016 to March 2017. Knowledge and Income, Trust and Risks, Banks and Government are factors affecting on customer’s adoption of IB in Vietnam. Based on findings, recommendations to banking sector and the Government are introduced, in which the adoption of using IB in Vietnam may improve.
Abstract: This article aims at assessing the level of factors influencing on customer’s adoption of Internet banking (IB) with the case of Vietnam. The study took primary data from in-depth interview and sample of 536 respondents surveyed from December 2016 to March 2017. Knowledge and Income, Trust and Risks, Banks and Government are factors affecting on cu...
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