Global Journal of Business, Economics and Management

Journal Information
EISSN: 23012579
Total articles ≅ 187

Latest articles in this journal

, Céline Mécemmène, Ali Sari
Global Journal of Business, Economics and Management, Volume 12, pp 316-339;

To produce sustainably, an optimal solution must be determined that ensures that the production of future generations is not compromised. New demands and the introduction of renewable energy imply adding energy storage to regulate the grid. This review aims to synthesise the state of the art of research on energy production and storage with information and expert opinions available to the general public, with an application to the French model. French publications online are used for illustration. A comparative analysis is proposed to recommend ways to improve technicality and to guide decision-makers on the levers to be favoured for each specific storage needed, taking into account the principles defined by the United Nations to define Sustainable Development. Solutions considered rustic can also contribute to the optimisation of energy resources by mechanically storing energy, but the choice of decision-makers will always be fundamental to imposing either soft or hard changes, whereas some attitudes seeking only to favour present advantages are the very antithesis of the principle of sustainability. Keywords: Decarbonisation, development, energy, energy storage, production, sustainable, taxonomy;
Ismael Hussein Malela
Global Journal of Business, Economics and Management, Volume 12, pp 255-269;

Microfinance has a positive impact on the living standard of the poor people in particular and alleviates poverty in their households in general. It is not only undermining poverty in the city but also empowering women through surviving and making their life prosperous with dignity and self-reliance by providing financial services. This study aims to provide information for a better understanding of the constraints of women to access microfinance institutions (MFIs) in Ethiopia and establishes a knowledge base that helps to make a sound decision by providing information for policymakers and identifying research gaps, MFIs, and other lending institutions, and stakeholders. The study uses the literature review methods. From the findings of the study, Ethiopian Microfinance is facing different challenges in empowerment such as lack of collateral assets, lack of information, work burden, production failures, verbal abuse, lack of infrastructure and low institutional capacity. Keywords: Collateral, empowering women, microfinance, poverty eradication
Nur Nobi, Arif Billah, Tani Tani, Asaduzzaman Shohel
Global Journal of Business, Economics and Management, Volume 12, pp 223-232;

The major goal of this research is to assess Bangladesh's foreign remittance inflows. In recent years, remittance has risen to prominence as one of the most important economic variables, since it helps with the surplus balance of payments, foreign reserves, aggregate savings and money circulation. Bangladesh's foreign trade has begun to improve after overcoming the negative effects of the COVID-19 pandemic. In comparison to the previous fiscal year, total export earnings declined by 16.93% to US$ 33,674.09 million in FY2019–20. During the first half of fiscal year 2020–21, export earnings totalled US$ 35,180.81 million, up 13.64% over the same period of the previous fiscal year. Furthermore, remittance earnings are growing at a slower rate than emigration from Bangladesh, owing to a rising number of unskilled or semi-skilled labourers in overseas migration rather than professional. Remittances have a great impact on Bangladesh's economy. Keywords: Foreign remittance, money laundering, foreign exchange, foreign trade, migration, economy;
Sunday Ajemunigbohun, Pretoria Ipigansi
Global Journal of Business, Economics and Management, Volume 12, pp 279-295;

Financial losses from the inactions of motorists culminated in financial anxieties, probably due to financial illiteracy in financial decisions. However, financial decisions are usually made in the course of attaining a high level of personal financial satisfaction. Therefore, this study examined the relationships between financial knowledge, financial confidence and risk attitudes, with specific reference to motor insurance policyholders in Lagos, Nigeria. The study adopted a cross-sectional survey research design. The study population consisted of the total number of registered motorists recorded as of 2019 by the Lagos State Motor Vehicle Administration Agency. Thus, quota and convenience sampling methods were adopted in the questionnaire distribution and collection processes. A structured questionnaire was employed for data gathering. A total of 399 copies of the questionnaire were distributed, of which 287 were found usable. The data processing technique employed was simple frequency percentages and the multinomial logistics regression method. The findings further affirmed that financial knowledge and confidence were significant in attracting reasonable risk attitudes from policyholders. Keywords: Decisions, expected utility theory, finance, financial knowledge, motor insurance, policyholders
Neringa Slavinskaitė
Global Journal of Business, Economics and Management, Volume 12, pp 316-325;

One of the main conditions of successful business development is the assessment of the relevance of accounting information and the ability to make use of the opportunities it provides. These objectives can be achieved by automated accounting processes that release accounting and management staff from routine work so they can focus on creative processes. The research aims to investigate the level of automation of accounting processes in enterprises. The sample of the survey consisted of enterprises where the kolegija/University of Applied Sciences accounting study programmes students had practiced before; in 2017 – 67 and 2018 – 69. The research method included an analysis of information sources, a questionnaire survey, comparison and critical evaluation. The research results showed that the automation of accounting processes is increasing every year in enterprises. Keywords: Accountant, accounting, automation, data processing;
Arif Billah
Global Journal of Business, Economics and Management, Volume 12, pp 306-315;

Bangabandhu Sheikh Mujibur Rahman is one of the most undeniable and charismatic leaders in the world. He won the trust, support and hope of the general public as a result of his inherent and exceptional traits (East Bengalis). The purpose of this study is to examine the important roles he has played in boosting Bangladesh's economy. Secondary data was acquired from a range of sources, including journals, websites, articles and books, as well as descriptive and preferred qualitative approaches, and national and international media. Government documents, research papers and publications from international organisations, research institutes and individual academics were examined. Bangladesh has become a global role model for sustainable development in addition to achieving food security, thanks to its energetic efforts and future recommendations (1972–1975). Bangladesh is progressing quickly because of its ideologies and ideals. Bangladesh is on track to becoming a developed country by 2041, thanks to its ideologies and ideals. Keywords: Agriculture, Bangabandhu, Bangladesh, development, economic;
Emmanuel O. Okon
Global Journal of Business, Economics and Management, Volume 12, pp 211-222;

The underground economy is a pervasive feature of countries throughout the world. This paper aims to investigate to what extent corruption, governance and quality of institutions influenced the underground economy in Nigeria from 1996 to 2020. The technique of analysis is the generalised method of moments, which is a statistical method that combines observed economic data with the information in population moment conditions to produce estimates of the unknown parameters of an economic model. It was generally observed that when all the control variables were introduced, institutional quality (INST) and unjust distribution of income (GIN) continued to show a positive and significant relationship with the underground economy. As such, this paper recommends that Nigeria’s government strengthen its institutional environment and apply a combination of fiscal policy and labour and financial market reforms to reduce economic inequality. Keywords: Corruption, generalised method of moments (GMM), governance, Nigeria, underground economy;
Susi Susanti Tindaon, Heny Handayani
Global Journal of Business, Economics and Management, Volume 12, pp 244-254;

This study aims to see the effectiveness of investment license services innovation as an investment growth agent in the new normal era at DPMPTSP Sumedang Regency. The research method used is descriptive qualitative, with the number of informants is eight people, consist of one head of licensing service division, one licensing service provider officer, one data information analyst and five community members. The data collection techniques used is library research and field studies which consist of observations, interviews and documentation. The data analysis techniques used are data reduction and verification, which are interpreted qualitatively from the results of observations and interviews. Based on the results of the study, it is concluded that the licensing service innovation at DPMPTSP Sumedang Regency in general has been running but not yet optimal, considering that the licensing service programme was already online-based, it can be seen from the eight indicators studied. The results of the study found that there are several obstacles faced by DPMPTSP Sumedang Regency. Efforts were made to deal with obstacles are simplifying the process flow, having direct communication facilities, improving the SK template and requirements adjusted to the latest regulatory developments, transparently displaying the tracking application process and adding monitoring and evaluation facilities and notifications. Keywords: Effectiveness, innovation, investment license services;
Silva Opuala-Charles, Nsikan John, Ijeoma Victoria Oshilike
Global Journal of Business, Economics and Management, Volume 12, pp 270-278;

Doing business with ease depends on many factors. For Nigeria’s oil-rich Niger Delta region, the ease of starting and running a small-scale business depends on so many factors. This paper aims to leverage the experiences of 103 small business owners and managers to examine the socio-economic factors influencing the ease of doing business in the Niger Delta region. Data collection was via the structured questionnaire administered via Google Form. Data analysis involved simple percentages, mean and ranking. The findings reveal that lack of power supply, getting credit and resolving insolvency are the major hindrances to the ease of doing business in the region. The study recommends setting up effective policies and programmes in the areas of attracting investment to the energy sector. The government should enlighten the masses about National Collateral Registry and its importance to business owners. Keywords: Business, National Collateral Registry, Niger Delta region, World Bank indices;
Ercan Şenyiğit
Global Journal of Business, Economics and Management, Volume 12, pp 296-305;

Although operations seem more important than everything in a business operation, warehouse management has great importance to the success of a business operation. Storage location assignment is very important because of the uncertainty in the number of incoming products, the necessity of answering unknown customers’ demands and the speed rate of response to customer demands. Besides, several factors affect warehouse management. Assigning products to appropriate locations is one of the most important and complex. This study aims to present recent academic works on the storage location assignment problem published from 2018 to 2021. These problems are assigned accordingly. Methods of solution, goals and some related considerations are considered while investigating the works. Recommendations are provided in the conclusion. Based on the reviewed articles, warehouse capacity, market, products, logistics resources and operational configuration are taken into account as restrictions or considerations. Keywords: Location, logistics, storage, warehouse management;
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