Journal of Advanced Research in Economics and Administrative Sciences

Journal Information
ISSN : 2708-9320
Current Publisher: Baynoon Centre for Studies and Development (10.47631)
Total articles ≅ 24

Latest articles in this journal

Ibrahim El-Sayed Ebaid
Journal of Advanced Research in Economics and Administrative Sciences, Volume 2, pp 17-27; doi:10.47631/jareas.v2i1.193

Purpose: The purpose of this study is to examine the effect of International Financial Reporting Standard (IFRS) implementation on the quality of financial reporting of commercial banks in Saudi Arabia. The quality of financial statements was measured using qualitative characteristics of accounting information i.e., relevance, faith representation, understandability, comparability and timeliness. Approach/Methodology/Design: This study is cross-sectional and a questionnaire was used to collect data regarding the effect of implementing IFRS on five of the qualitative characteristics of the accounting information, including two of fundamental characteristics: relevance, faithful representation and three of the enhancing characteristics: understandability, comparability, and timeliness. The data was analyzed using descriptive statistics. The population of the study includes all the 12 commercial banks listed in the Saudi Stock Exchange. Findings: The finding of the study reveals that the quality of financial reports which is measured through qualitative characteristics of accounting information (relevance, faith representation understandability, comparability and timeliness) was improved significantly after implementing IFRS compared with the period prior to the implementation of these standards. Practical Implications: The study has implications for standards makers and users of the financial statements of banks in Saudi Arabia. Results of the study confirm the positive effect of implementing IFRS on the qualitative characteristics of accounting information, which is the basis for decision-making. These results are evidence in support of the transition plan to implement IFRS approved by Saudi Arabia Originality/value: The benefits of implementing IFRS have undergone many studies in developed countries, especially Europe. Little is known about these benefits in developing countries. The study adds to this limited body of studies by examining the effect of implementing IFRS in Saudi Arabia as one of the developing countries.
Dauda Moses, Aniekan Elijah Asukwo, Muhammed Adamu Yusuf, Isaac John Ibanga
Journal of Advanced Research in Economics and Administrative Sciences, Volume 2, pp 28-39; doi:10.47631/jareas.v2i1.214

Purpose: This study investigated female enrolment into electrical/electronics engineering trade in technical colleges of Adamawa State in order to suggest ways of augmenting it for Sustainable Development Goals (SDGs) 2016-2030. Approach/ Methodology/ Design: Two research questions and two null hypotheses were formulated to guide the study. A descriptive survey research design was adopted for the study. The sample of the study comprised of 38 teachers and 140 parents. A 50-item Female Enrolment in Electrical/Electronics Engineering Trade (FEEET) Questionnaire was developed by the researchers and used for data collection. The questionnaire was validated by three experts from the Department of Electrical Technology Education, Modibbo Adama University of Technology, Yola, Adamawa State. Reliability co-efficient of 0.81 was obtained for the instrument using Cronbach’s Alpha reliability method. Mean statistic was used to answer the two research questions while z-test statistics was used to test the two hypotheses at 0.05 level of significance. Findings: The findings of the study revealed that inadequate knowledge on female participation in electrical/electronics engineering trade, hazards involved in working with electricity, and poor gender policy implementation among others were factors affecting female enrolment into the programme. Establishment of electrical/electronics engineering trade skill acquisition centres for females and provision of starter packs for female graduates of electrical/electronics engineering trade among others were strategies identified for improving female enrolment into the programme. Practical Implication: The study has practical implications for achieving sustainable development goals in Nigeria. A sustainable financing scheme for the female trainees of electrical/electronics engineering trade should be established in order to boost their interests in the programme. Originality/Value: The study identified that inadequate knowledge on female participation in electrical/electronics engineering trade, hazards involved in working with electricity, societal perception about electricity, cultural sanctions on women, early marriages, and poor gender policy implementation are the main factors that affect female enrolment in technical colleges in Nigeria.
Bhola Khan
Journal of Advanced Research in Economics and Administrative Sciences, Volume 2, pp 47-56; doi:10.47631/jareas.v2i1.197

Purpose: In this article attempt is made to develop a composite food security index for some selected countries of the Economic Community of West-African States (ECOWAS), e.g. Nigeria, Niger, Benin, and Ghana. The study also aims to study the stability property of the indicators of composite food security index. Approach/ Methodology/ Design: For constructing a composite food security index for ECOWAS, one can use the basic methodology already developed by IFAD but in a modified form. This study is also based on IFAD methodology but with one more additional variable that is political stability index and assigned weight on the basis of Principal Component Analysis (PCA). Findings: This composite index is an improvement over all the other food security index developed by others eminent economists and institutions from time to time. This index consists of six indicators such as food availability, food production, self-sufficiency of food, inverse relative price index, child survival index, and political stability to construct the composite food security index of ECOWAS. Political stability is an additional indicator in the index of ECOWAS. With the help of this index, the trends, stability and situation of food security index in region are discussed and analyzed from 2001 to 2018.After careful analysis of composite food security index of ECOWAS, one can find out that It has quite impressive and improving gradually. Practical Implication: This study provides strong suggestion about how these five indicators of composite food security index provide an overview for the selected countries to secure their level of food security in their respective country. Originality/Value: After the careful analysis of the collected data, it can be concluded that the composite food security index plays an important role to understand whether food security index is improving in respective countries or not.
, Rebecca Folake Bank-Ola, Ifeoluwa Alao-Owunna
Journal of Advanced Research in Economics and Administrative Sciences, Volume 2, pp 1-16; doi:10.47631/jareas.v2i1.152

Purpose: This study investigates the effectiveness of health-aid in Nigeria, with focus on child health outcomes. In particular, the study aims to examine whether health aid has yielded significant gains in child health in Nigeria. Methodology/Approach/Design: Secondary data on neonatal, infant and under 5 mortality as well as measles and DPT immunization were used. The stationarity of the variables was ascertained using the augmented Dickey-Fuller and Philip-Perron unit root tests. In order to confirm the presence or otherwise of long-run relationship among the selected variables, Johansen cointegration test was carried out and the obtained coefficients and p-values indicate evidences of long-run relationship. Finally, the study used the fully modified ordinary least square (FMOLS) estimator to examine the effects of aid targeted at children health on the various child health outcomes. Results: The results suggest the existence of long-run relationships between health aid and child health indicators, with aid having reducing impacts on the mortality indicators and a positive correlation with child immunization coverage. Also, public health expenditure, literacy rate and urbanization rate are negatively correlated with measures of children mortality and positively correlated with the measures of immunization coverage. Except for infant mortality, economic growth proxy by GDP growth rate has insignificant effect on child health. Practical Implications: Sustained improvement in children health is the core objective of aids aimed at children’s health, and findings of this research will serve as a framework for health policymakers in understanding the contributions of health aid inflow to specific indicators of child health in Nigeria. Originality/Value: This study makes a number of contributions to the ongoing discussion on the effectiveness of health-specific ODA in Nigeria. Despite the inconclusiveness of the health aid-health outcomes literature, this study has shown that children health aid has led to improvement in children health in Nigeria. While previous studies have focused on child mortality indicators, this study examined the effect on various measures of children health including children immunization coverage.
Cao Liang, Salman Ali Shah, Tian Bifei
Journal of Advanced Research in Economics and Administrative Sciences, Volume 2, pp 68-80; doi:10.47631/jareas.v2i1.212

Purpose: This study is carried out to study the relationship between FDI and economic growth of developing countries. Approach/ Methodology/ Design: The study used data from 2000 to 2019 for 113 developing and transition countries. The study used Hausman fixed effect and instrumental variables two stage least square region to trace the results. Findings: The result of the study found a positive relationship between FDI and economic growth. An increase in FDI inflow will result and upsurge in economic growth of developing country. The relationship between unemployment and economic growth is found negative. The overall results show that FDI and economic growth has a positive relationship in developing countries. Practical Implication: This study used annual data of pre pandemic. It is concluded in the study that future studies have to check the impact in post pandemic scenario. Originality/Value: Though the relationship between FDI and economic growth is studied widely in different studies. As mentioned that COVID-19 pandemic changed the world economic situation there is much more aspects of FDI and economic growth is remaining to study. The issue of FDI and economic growth for a cluster of 113 countries is addressed in this study.
Tushar Rameshbhai Ajmera
Journal of Advanced Research in Economics and Administrative Sciences, Volume 2, pp 40-46; doi:10.47631/jareas.v2i1.188

Purpose: The main aim of this article is to find out the working capital management and its impact on profitability in Tyre Industry of selected companies which are listed on stock exchange in India. Approach/ Methodology/ Design: For the study, a time span of 8 years from 2011-12 to 2018-19 is considered, and based on it, any relation of net profit margin ratio and working capital components like current ratio, quick ratio, inventory turnover ratio, working capital turnover ratio is considered. The sample is selected based on higher market capitalisation during the study period. Regression analysis is also employed to investigate the impact of WCM on corporate profitability. Findings: The major findings of this study indicate that the profitability of Balkrishana was good compared to the other companies. The working capital of Ceat shows highly positive working capital management, whereas Apollo shows negative working capital management. These results were identified with the help of accounting tool as Ratio analysis and statistical tools as Regression analysis and ANOVA test for selected data. Practical Implication: The study examines the scenario of tyre industry with the help of working capital management in selected companies. The results of the study could be an indicator of the performance of the selected companies. Originality/Value: This paper provides some key insights to health and efficiency of the selected companies. The working capital ratios are indicative of good working capital management, leading to identifying issue in financial management and eventually improving the performance of the tyre industry.
Sabina Šehić Kršlak, Nerman Ljevo
Journal of Advanced Research in Economics and Administrative Sciences, Volume 2, pp 81-91; doi:10.47631/jareas.v2i1.215

Purpose: The goal is to research how tourism companies encourage organizational creativity and thus gain a competitive advantage. The aim of this paper is to answer the question of whether the competitive advantage of tourism companies in Bosnia and Herzegovina can be improved by encouraging organizational creativity. Approach/ Methodology/ Design: For collecting data, a survey questionnaire was developed. The survey questionnaire was distributed electronically to tourism enterprises in Bosnia and Herzegovina. An econometric analysis is employed in order to prove the positive correlation between creativity and competitive advantage of tourism companies in Bosnia and Herzegovina. Findings: The results of the research showed that in order to achieve a competitive advantage, companies can manage creativity by encouraging: individual creativity whose existence is conditioned by the ability to think creatively, intellectual capacity, motivation and freedom of decision of employees. Based on the obtained research results, team creativity can be realized when employees develop a tendency to share knowledge, have confidence in the team, and that the organization ensures a free flow of information. Practical Implication: A model of creativity and innovation is proposed in this study. Based on the results of the study, the model could be applied to other transition countries in the region. Originality/Value: A special contribution of the paper is the model of integrative creativity to tourist companies.
Kazeem Fasoye, Abiodun Sunday Olayiwola, Kehinde Elizabeth Joseph
Journal of Advanced Research in Economics and Administrative Sciences, Volume 2, pp 57-67; doi:10.47631/jareas.v2i1.177

Purpose: This paper examined the potential of domestic industrial output on economic growth in Nigeria. Approach/ Methodology/ Design: An Autoregressive Distributed Lag (ARDL) model procedure was employed for data analysis. Findings: The results revealed that the contribution of the domestic industrial output to economic growth was appalling which was necessitated by the worrisome image of “Made-in-Nigeria” goods. It was also showed that the results that domestic industrial output and domestic savings have positive relationships with real gross domestic product (RGDP) in the long run. This implies that a rise in the level of each of domestic output and domestic savings necessitated an increase in real gross domestic product (RGDP). Practical Implication: The implication presented in this study is related to the concerned authorities. The results indicate the need for diverse domestic production in order to achieve a healthy competition in the industrial sector in the country. Originality/Value: The study innovates by employing various statistical tools for exploring the effect of domestic industrial output on economic growth. The significant contribution of this study is in identifying that domestic production in Nigeria has been lagged behind in terms of output performance in the economy.
Journal of Advanced Research in Economics and Administrative Sciences, Volume 1, pp 14-29; doi:10.47631/jareas.v1i2.47

Purpose: This study aimed at examining the adoption factors of broadband internet and exploring the factors which make difference between service providers. Approach/Methodology/Design: Purposive sampling was employed to select the sample. To collect data from social media users, a close-ended Google Form questionnaire was administered through social networking sites and 376 responses were obtained. The data was analyzed using partial least squares structural equation modeling (PLS-SEM, 3.1). Model estimation was performed with r2, Q2, and the effect size f2 that describes the path effect from exogenous construct to endogenous construct. Findings: This study revealed that the participants, despite having the barriers, were reasonably satisfied at different levels and it was a major motivation in the use of broadband. The use of broadband internet has not yet been improved substantially in Bangladesh due to the minimal internet speed, lack of decent standard of quality, and high maintenance cost. However, the study revealed that customer or user satisfaction created a huge positive impact on value creation. It was also statistically significant supporting the hypothesis of the study. Practical Implications: The results of the study provide the broadband companies with an idea about broadband preference, assisting them in analyzing the variables closely to get more loyal customers. Originality/value: The study revealed that the degree of total frustration is below ten per cent, even though the severe challenge is considered very small. The study also showed that most of the participants were reasonably satisfied at different levels and it was a major motivation in the use of broadband.
Journal of Advanced Research in Economics and Administrative Sciences, Volume 1, pp 30-44; doi:10.47631/jareas.v1i2.32

Purpose: The study was conducted to examine the economic impact of the National Fadama-II Development Project (NFDP-II) on poverty reduction and food security among farmers in Geidam local government of Yobe State, Nigeria. Approach/Methodology/Design: Four communities were identified and selected through random sampling. These four are the farmers of the cultivated crops like rice, millet, maize, vegetables and okra. And interview and a closed-ended questionnaire were administered to a total of one hundred respondents. For the analysis of this study, a descriptive statistic like frequency and simple percentage were used. Findings: After careful evaluation of collected data, it is found out that the majority of the farmers (78.9%) were male and their mean age was 44 years. Out of 95 respondents, 75 (78.9%) were associated with the Fadama and the remaining 20 (21%) have no association with the project. The results of the study revealed that the project has a positive impact on poverty reduction. The result of the study further revealed that all the Fadama-II farmers share similar opinion on the ten identified constraints. These constraints were grouped under three main categories: technical problems, institutional problems, and economic problems. Practical Implications: This study provides strong suggestion to create more awareness about the programme among the people so that they may come forward to participate actively in it. It enhances their income level and they may be able to utilize it for the betterment of their lives. Originality/value: After the careful analysis of the collected data, it can be concluded that the success of Fadama project is dependent upon the provision of the credit facilities for land preparation to farmers, the supply of subsidized farm inputs and farmers’ training by the Fadama facilitators.
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