Articles In Press Vol. 11, No. 2

Volume 11

Machine Maintenance Type and Quality of Output: Evidence from Ghanaian Manufacturing Firms

The need to manage machine maintenance effectively has gained more importance due to the high rate of changing operational technologies, changing market demands, increased emphasis on employee safety, and new environmental legislation. To demonstrate the purpose of maintenance in the manufacturing value chain, the study sought to investigate the relationship between machine maintenance type and quality of output as well as to establish whether machine maintenance contributes to quality of output among Ghanaian manufacturing firms. Data was collected from 150 manufacturing firms in Tema and Accra Metropolis by using questionnaire and analyzed with SPSS and SmartPLS software. The findings showed significantly direct relationship between all the maintenance types, except corrective maintenance, and quality of output.

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The Mediating Role of New Product Development in the Relationship Between Entrepreneurial Marketing and Growth Intentions

The purpose of this study is to discover how entrepreneurial marketing affects growth intentions through new product development and can help to create and facilitate access to entrepreneurial opportunities to develop new product, in turn help the firm to adapt the strategy of growth intention. The study adopted quantitative methods, and using structural equation modeling, data were collected utilized the questionnaire survey. The questionnaire was directed to SMEs managers, 248 questionnaires were collected.

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Factor Analysis: Dealing with Response Bias

This paper proposes an innovative method for factor analyzing data that potentially contains individual response bias. Past methods include the use of “ipsative” data, or, related to that, “ipsatized” data. Unfortunately, factor analysis as the main method used for analyzing the dimensionality of data, cannot be applied to ipsative data. In contrast, normalization of data as an alternative method to filter out response bias, is not hampered by the technical statistical issues inherent to applying multivariate techniques to ipsative data. Using high-quality data from a survey in Nepal that makes use of – among others – the High-Performance Organizations (HPO) framework, this paper shows that the traditional approach of directly applying Confirmatory Factor Analysis (CFA) starting from an existing model or theory, is inferior to our approach.

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Impact of Select National and International Incidents on Gold and Silver Prices in India

In this paper an attempt is made to know the impact of select national and international incidents such as Russia and Ukraine War, Afghanistan War, 1st Lockdown in India, US and Iraq Civil war and Surgical Strike in India on gold and silver prices from 2019 to 2022. The study used t-test: Paired Two Sample for Means and correlation to know the volatility and relationship between gold, silver prices with the value of Indian currency. The study finds the significance difference between gold prices, silver prices and value of Indian currency before and after the incidents.

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Corporate Governance, Firm Characteristics and Financial Statements Quality: Evidence from Vietnamese listed firms

It is important to identify and assess factors related to corporate governance which affect the financial statements quality of listed companies on the Ha Noi Stock Exchange (HNX). The results of this study show that these factors including the independence of Board of Directors (BOD), BOD ownership, and auditing firm quality and size of company have impacts the financial reporting quality of firms on the HNX. In addition, we find that the size and leverage of the company can serve as a basis for improving the quality of financial statements in the future

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The Value Network for Madhya Pradesh Minor Forest Produce Federation: Facing Off Product Diversification Dilemma

Commercial forestry sector in India is largely state owned. Madhya Pradesh is a unique state in India in the sense that two different forms of the organizations are working for timber and non-timber production in the state. It’s notable that Government of India has endorsed this model of doing commercial forestry and advised all the states in the country to adapt this model. It becomes important then to review the business model of the state’s forest resources especially the non-nationalized forest produce which is open for private sector. Unlike leading India based business entities like Patanjali, Dabur and Himalaya, the income generated through the network of the MP Minor Forest Produce (MFP) federation (which is government supported entity) is majorly distributing the profits among the collectors of the herbal produce

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Using Strategic Foresight to Lead in a Gentrifying Business Culture

Data has demonstrated that affluent suburban whites are returning to inner cities, which low-income minorities have occupied for decades. This return is increasing investment and development by small and large businesses seeking to meet the needs of this new demographic. The data has also demonstrated the conflict that these businesses are experiencing from long-time residents, community leaders, and activists. This article will give leaders a strategic approach to addressing conflict before, during, and after the gentrification process.

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Impact of Metaverse and Advanced Technology on the Enterprises

The current study sought to understand and explore the field of technological advancements in these modern times, especially after the covid-19 surge, from the perspective of Business and Management. The development of science and technology will define a new meaning and application of the management and administration of the firm. Due to modernization in technology and automation of work in managerial work, the processes of businesses become easy to handle, maintain and control. Technologies have made different elements of business such as manufacturing, communication, purchase and sales, marketing, trading and advertising became easier than before.

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The Relationship between Commercial Banks Characteristic and Economic Growth in Vietnam

This paper examines the relationship between commercial banks' characteristics and economic growth in Vietnam using the FEM and REM models to test the effect of commercial bank characteristics on economic growth in Vietnam. Using a panel dataset of 28 commercial banks from 2010 to 2021, we investigate the impact of bank characteristics on economic growth and provide some important findings. Our findings show that bank characteristics significantly affect economic growth.

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Global Value Chain-Oriented Industrialization: Policies Revisited

Industrial policies consist of a wide range of measures that seek to structurally guide an economy onto the next level of development. They can be formulated by the state or government to substantially transform the state of a non-existent, nascent or ailing industrial sector and, more broadly, an underdeveloped nation's economy towards a structure of production that offers better prospects for economic growth. Global value chains (GVCs) are coordinated by transnational corporations (TNCs), which constitute larger, internationalized firms, while small and medium-sized enterprises (SMEs) are generally scattered along the chain, filling in where they possess a comparative advantage. Though GVCs provide a landscape within which firms may thrive, the rewards are usually reaped by the larger firms at play. There is room, therefore, for industrial policies to address the status of SMEs in GVCs, facilitating their sustainable and profitable insertion without sufficiently interfering to negate the virtues of the free market.

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The Student as the Customer, and the Faculty Dilemma

College and university faculty members today may be facing an identity crisis brought about by an unlikely cause, business economics. In the recent past, say, thirty years ago, college professors were held in the highest regard by peers and students, and recognized for their sagaciousness, wisdom, expertise, and contribution to the community.

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The Influence of Previous CSR Activities on Attitude Towards the Company

This study examined the influence of previous corporate social responsibility activities on attitude towards the company. The study adopted an experimental method, with a 3x2 factorial design, in which the first treatment condition was grouped into three, which include; control, diversity group and eco-friendly group. Participants in the first treatment condition were given positive information about the company CSR.

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Impact of GST on Small Scale Sector: A Study with Special Reference to Footwear Industries

A comprehensive dual Goods and Services Tax (GST) has replaced the intricate multi-indirect tax structure as of 1 July 2017. It was India's most significant tax reform ever. The main goal of the GST, as recently summarised, is to get rid of all the many subsidiary taxes, their effects, and any mild tax issues that are only possible to solve by paying GST.

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