Journal of Investment and Management

Volume 4, Issue 6, December 2015

  • Selecting a Project Manager from Multiple Alternatives

    Igor M. Neroslavsky

    Issue: Volume 4, Issue 6, December 2015
    Pages: 291-295
    Received: Jul. 21, 2015
    Accepted: Aug. 11, 2015
    Published: Aug. 19, 2015
    DOI: 10.11648/j.jim.20150406.11
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    Abstract: To reduce subjectivity in the choice of the project manager (and in a broader sense - the manager or specialist), proposed to use the analytic hierarchy process, Saaty proposed and widely used in various applications. The article details the procedure for selecting candidates for the position of alternative project manager. This article is intended... Show More
  • On State Budget in the North Central of Nigeria: Analysis of Variance (ANOVA) Approach

    Muritala Abdulkabir, Raji Surajudeen Tunde

    Issue: Volume 4, Issue 6, December 2015
    Pages: 296-300
    Received: Jul. 22, 2015
    Accepted: Aug. 10, 2015
    Published: Aug. 21, 2015
    DOI: 10.11648/j.jim.20150406.12
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    Abstract: This study examine the comparative analysis of state budget North central region of Nigeria, the aim focus on testing if there is significant differentin state budgeting allocation among the state in the North central of Nigeria and also if there is significant different in budgeting allocation within the years of consideration in the same Region, ... Show More
  • Financing the Expansion of Family Businesses in Ghana: Which Way to Go, Debt or Equity

    Joseph Yensu, Edmond Oppong-Peprah, Elizabeth Dwomo-Fokuo, Francis Boadu, Anthony Kusi

    Issue: Volume 4, Issue 6, December 2015
    Pages: 301-310
    Received: Jul. 22, 2015
    Accepted: Aug. 11, 2015
    Published: Aug. 29, 2015
    DOI: 10.11648/j.jim.20150406.13
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    Abstract: Financing activities are crucial exercises in any organizational set-up. It has attracted intense debate and scholarly attention in the financial management arena over the years, whether businesses should opt for debt or equity financing to expand their businesses or not. This paper attempts to ascertain the type of finance that family business ope... Show More
  • The Impact of Regulatory Environment on the Effectiveness of Small and Medium Scale Enterprises: A Study of Selected Small and Medium Scale Enterprise in Owerri

    Chikwe Goddey Chukwudi, Joel Augustus-Daddie, Achiole Emmanuel Ayozie

    Issue: Volume 4, Issue 6, December 2015
    Pages: 311-318
    Received: Jul. 22, 2015
    Accepted: Aug. 19, 2015
    Published: Aug. 29, 2015
    DOI: 10.11648/j.jim.20150406.14
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    Abstract: This paper examines the impact of regulatory environment on the effectiveness of small and medium scale enterprises. The study employed a survey approach and used the questionnaire as its major source of data collection. In order to guide the study, two research questions and hypotheses that are consistent with the objectives of the study were rais... Show More
  • Management Versus Science: Peer-Reviewers do not Know the Subject They Have to Analyse

    Fausto Galetto

    Issue: Volume 4, Issue 6, December 2015
    Pages: 319-329
    Received: Jul. 20, 2015
    Accepted: Aug. 10, 2015
    Published: Aug. 29, 2015
    DOI: 10.11648/j.jim.20150406.15
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    Abstract: The purpose of this paper is to show the ideas to overcome the deep ignorance on Reliability Theory of some authors and Referees (mainly professors). We analyzed some very few cases, taken from some published documents found on the web: Montgomery, Rade, M. A. El-Damcese [paper 41], M. A. El-Damcese, A. N. Salem, and N. S. Temraz [paper 42], and ot... Show More
  • Miracle Fruit - Miracle Berry (Synsepalum Dulcificum Daniell)-Basic Aspects for Contextualization

    Jaime Ricardo Laguna Chacón

    Issue: Volume 4, Issue 6, December 2015
    Pages: 330-333
    Received: Jul. 22, 2015
    Accepted: Aug. 19, 2015
    Published: Aug. 29, 2015
    DOI: 10.11648/j.jim.20150406.16
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    Abstract: Among the wide range of exotic fruits there are many belonging to the group of berries, as mentioned in specialized books due their attributes, they are fruits which give or provide to the human body a series of important nutritional benefits, like: providing a low-calorie intake, zero-cholesterol, and a lot of fiber per serving; supplying signific... Show More
  • Effect of Mortgage Market Risk on Mortgage Uptake: A Case Study of Mortgage Lenders in Kenya

    Grace Melissa Akenga, Margaret Akinyi Olang, Nebat Mugenda Galo

    Issue: Volume 4, Issue 6, December 2015
    Pages: 334-347
    Received: Aug. 12, 2015
    Accepted: Aug. 22, 2015
    Published: Sep. 02, 2015
    DOI: 10.11648/j.jim.20150406.17
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    Abstract: Mortgage market is a financial system that provides opportunity for originating and trading mortgage loans. A mortgage loan is used for financing real estate investments. Although there has been a remarkable increase in demand for real estate investments in Kenya the amount of mortgage uptake is still low. Studies reveal risks as important macroeco... Show More
  • Quality, Environment and Health Integrated Management Systems: A Literature Review

    Adela Mariana Vadastreanu, Adrian Bot, Dorin Maier, Andreea Maier

    Issue: Volume 4, Issue 6, December 2015
    Pages: 348-356
    Received: Aug. 11, 2015
    Accepted: Aug. 21, 2015
    Published: Sep. 03, 2015
    DOI: 10.11648/j.jim.20150406.18
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    Abstract: The context of the research made in this article is the harsh economic environment where in order to stay on the market organizations need to reduce production cost to make more profit but also to meet the quality, environment, and health and safety requirements. The implementation of the standards in the organization involve an allocation of resou... Show More
  • Innovation, the New Challenge of Today’s Entrepreneurship

    Adela Mariana Vadastreanu, Adrian Bot, Dorin Maier, Andreea Maier

    Issue: Volume 4, Issue 6, December 2015
    Pages: 357-362
    Received: Aug. 11, 2015
    Accepted: Aug. 21, 2015
    Published: Sep. 03, 2015
    DOI: 10.11648/j.jim.20150406.19
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    Abstract: The aim of this article is to evaluate the importance of innovation for entrepreneurship environment in the context of current economic conditions. Throughout the last century, industry leaders learnt to master the production process to such an extent that now it no longer functions as a significant competitive advantage. Every entrepreneur is now ... Show More
  • Research on the Risk Factors of Power Coal Supply in China's Shanxi Province Based on ISM

    Jun Dong, Huijuan Huo

    Issue: Volume 4, Issue 6, December 2015
    Pages: 363-368
    Received: Jul. 21, 2015
    Accepted: Aug. 04, 2015
    Published: Sep. 14, 2015
    DOI: 10.11648/j.jim.20150406.20
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    Abstract: The stability of power coal supply is of great significance for coal base construction and the focus of thermal power enterprise investment in Shanxi province. This paper analyzes the risk factors of power coal supply chain, builds up the power coal supply risk identification model based on ISM and identifies the major power coal supply risks. It i... Show More
  • Financial Market Development and Capital Inflows in Nigeria: The Role of Stock Market Development

    Nwosa Philip Ifeakachukwu

    Issue: Volume 4, Issue 6, December 2015
    Pages: 369-376
    Received: Jul. 29, 2015
    Accepted: Aug. 13, 2015
    Published: Oct. 16, 2015
    DOI: 10.11648/j.jim.20150406.21
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    Abstract: This study investigated the relationship between capital inflows and stock market development in Nigeria for the period spanning 1986 to 2013. Capital inflow was proxied by foreign direct investment and foreign portfolio investment while stock market development was proxied by market capitalization, turnover ratio and value traded ratio. The study ... Show More
  • An Analysis of Work Motivation and Teacher Job Satisfaction in Public Secondary Schools in Rarieda Sub-County, Kenya

    Fredrick Omondi Ogonda, Bula Hannah Orwa, Wambua Philip Peter, Muli Vika Jedida

    Issue: Volume 4, Issue 6, December 2015
    Pages: 377-390
    Received: Sep. 03, 2015
    Accepted: Sep. 23, 2015
    Published: Oct. 16, 2015
    DOI: 10.11648/j.jim.20150406.22
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    Abstract: In the public secondary education sub-sector, issues about job satisfaction are glaring as industrial unrest and labour turnover are almost a daily phenomenon. The fundamental question that one would ask is why does there exist this reality. Could it because teachers in the public secondary schools are not satisfied with their jobs .This study seek... Show More
  • Managing Openness of the Chinese Economy to Sustain Its Economic Growth

    Huiqun Liu

    Issue: Volume 4, Issue 6, December 2015
    Pages: 391-402
    Received: Jul. 05, 2015
    Accepted: Jul. 11, 2015
    Published: Oct. 24, 2015
    DOI: 10.11648/j.jim.20150406.23
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    Abstract: Many studies suggest the positive causal effects of openness on productivity and growth. However, controversies are still prevalent among vast empirical studies on the issue. In this paper, we develop econometric models in the comprehensive framework to shed quantitative light on the implications of a scenario of deeper economic integration in Chin... Show More
  • The Relationship Between Social Bearing Capacities with Conflict as a Result, in the Perception of the Visiting Historical Sites

    Fatemeh Mirzaie, Ali Akbar Nazari, Hamid Zargham Boroujeni, Mohammad Taghipour

    Issue: Volume 4, Issue 6, December 2015
    Pages: 403-408
    Received: Oct. 18, 2015
    Accepted: Oct. 27, 2015
    Published: Nov. 24, 2015
    DOI: 10.11648/j.jim.20150406.24
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    Abstract: Sustainable tourism needs to prevent the destruction and degradation of social, cultural and ecological systems in the host society. It is obvious that tourism development and social characteristics is changing. But this (whether positive or negative), and severity of these changes depend on the size and number of tourism activities. Any destinatio... Show More
  • Industry Variations of Relationship Banking in Mergers and Acquisitions

    Zeynep Topaloglu

    Issue: Volume 4, Issue 6, December 2015
    Pages: 409-418
    Received: Nov. 26, 2015
    Accepted: Dec. 05, 2015
    Published: Dec. 14, 2015
    DOI: 10.11648/j.jim.20150406.25
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    Abstract: In this study we examine the acquirer-advisor relation in mergers and acquisitions. Among other issues we study the effect of this relation in major industry sectors. We have found that the average log abnormal return from acquirer-advisor relation is $0.5 millions. Relationship advisers are rewarding in the range of $1.5 millions to $2.5 millions ... Show More