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JANUARY-FEBRUARY 2021

VOLUME 5 ISSUE 1 (JANUARY-FEBRUARY 2021)

  • Corporate Social Responsibility of Inland Resort Owners and Community Attitude of Barangay Residents towards Local Tourism Industry
    Original Research Article
    Country Philippines
  • Pages 01-26
  • LEOMAR JAY R. OBLIANDA
  • Abstract | pdf Pdf
  • The study was undertaken to describe the level of Corporate Social Responsibility (CSR) of inland resort owners towards the community attitude of barangay residents in Toril. The study used the non-experimental quantitative research design, employing descriptive-correlation technique. The data were gathered from 320 barangay residents in eight different inland resort destinations around Toril and using a downloaded questionnaire and through purposive sampling technique. The result showed that the level of Corporate Social Responsibility of Inland resort owners was high which indicated that the items relating to the CSR were often manifested. In addition result showed that the level of Community Attitude of barangay residents was high which indicated that the items relating to the community attitude were often manifested. Further, data showed that there was a significant relationship between the corporate social responsibility of inland resort owners and community attitude of barangay residents and that the overall corporate social responsibility practices of inland resort owners significantly influenced community attitude. Among the domains of corporate social responsibility, social practices significantly influenced community attitude. Likewise, between the two domains, the social practices in its singular capacity is the best predictor of community attitude.


    • Factors Affecting the Success of Online Bookstore Business in Thailand
      Original Research Article
      Country Thailand
    • Pages 27-34
    • Dr.Supot Rattanapun || Dr.Rujikarn Sanont || Dr.Tongfu Siriwongse || Dr.Sompon Thungwha
    • Abstract | pdf Pdf
    • This quantitative and qualitative research with mixed methods was aimed at investigating the relationships and factors that affect the success of online bookstore business. The authors used a questionnaire with the sample consisting of 220 online bookstore business executives, including an interview with 7 online bookstore business executives. The hypotheses were tested by statistics, i.e. mean, standard deviation, and linear regression equation. The results showed that online bookstore business executives managed the factors of success as a whole at the high level (4.01). The management of marketing factors had a relationship with the success of online bookstores at the high level (0.75) while the management of searching, price, learning, brand, customer, and collaboration factors had a relationship with the success of online bookstores at the low level. In addition, the results also found that the management of searching, learning, marketing, and customer factors affected the success of online bookstores significantly at 0.05.


    • Critical Overview of Information Management, DIKAR Model and Technology in the 21st Century
      Original Research Article
      Country Nigeria
    • Pages 35-39
    • Akeem Amodu || Tosin Ologbosere
    • Abstract | pdf Pdf
    • Globally, business and non-business organizations in the 21st century continue to experience changes as a result of advances in and access to technology. Scientific and technological advances had impacted on virtually all spheres of human endeavor in the 21st century. Access to technology has significantly altered information flow and the way information is managed in the 21st century. Advance in technology has impacted the practice of Office and Information Management, in particular. The phenomenon Information and Communication Technology(ICT)continues to transform the manner in which Office and Information Managers carry out their primary responsibility of gathering, storing and disseminating information for organizational efficiency. Office and Information Managers in the 21st century exist in a fast-paced and dynamic environment where information is not only huge but in extreme constant flow. The 21st century is characterized by the dynamics and volatility of technology. In this paper we attempt a critical analysis of the problem of managing information in the 21st century with particular reference to the responsibilities of Information Managers, and by extension, Office and Information Managers. This analysis of the problem of managing information in the 21st century with respect to the tasks of Information Managers is carried out against the background of the intents and contents of what is generally referred to as the DIKAR model. The paper established that the DIKAR model remains a desideratum for Information Managers in the 21st century. Against the background of the dynamics of the 21st century interplay between Information Management and Information Technology, and also in view of the desirability of the DIKAR model the paper emphasizes the place of human competencies such as critical thinking and creativity in the management of information.


    • The Influence of Financial Behavior towards the Household’s Financial Stress
      Original Research Article
      Country Philippines
    • Pages 40-55
    • Marialyn C. Gonzaga
    • Abstract | pdf Pdf
    • The study aimed to determine the influence of financial behavior on household’s financial stress in Tagum City, Davao del Norte. This study utilized a quantitative non-experimental, descriptive type of research with 150 respondents selected through purposive sampling technique. Mean was the statistical tool used for the data treatment. Results showed a high financial behavior level and a moderate financial stress level among households in Tagum City. For the students to lower down or avoid experiencing financial stress, they should be concerned enough of their cash flows and investments.


    • The Potentials and Challenges of Blockchain Application in FinTech in the Developing Countries - a Mauritius experience
      Original Research Article
      Country Switzerland
    • Pages 56-62
    • Dr. Rebecca Natrajan SFHEA || Dr. Chiene Ike Orji
    • Abstract | pdf Pdf
    • The adoption of Blockchain and FinTech innovation has grown at a rapid pace in the developing economies. Predictably, it provides these economies with global financial inclusion. Ditto for the African economies, especially Mauritius, which aspires to be a FinTech Hub and positioned to lead the Blockchain and FinTech innovation in the region. This paper aims to identify the potentials and challenges of Blockchain application in the FinTech industry in developing economies, using Mauritius as a case study. Real-life situations such as mitigation measure against Covid-19, for instance, brought about an uptick in the number of customers who make online purchases as opposed to the in-person shopping tradition in Mauritius; just as unmet customer needs in financial transactions are driving the interest in Blockchain-powered financial services in other economies of the region and other developing economies. The findings in this study shows that there is a combined will in the private and public sectors in maximizing the potentials of this innovation in Mauritius, but not particularly the willingness for collaborative exploitation. The Mauritius experience has important implications for understanding financial innovations and developing sustainable and inclusive finance.


    • Analysis of Foreign Direct Investment Environment in Malaysia
      Original Research Article
      Country UAE
    • Pages 63-77
    • Manal Al Hosani || Asmaa Al Mahri || Manuel Fernandez
    • Abstract | pdf Pdf
    • Globalization and exponential growth in technology have made worldwide mobility of money extremely easy and fast. Investors prefer to invest in places that offer attractive returns and are relatively less risky. The inflow of Foreign Direct Investment (FDI) gives developing countries access to capital that would otherwise be not available. FDI also provides much needed foreign exchange and therefore helps to adjust some of the macroeconomic imbalances in developing countries. Every country is trying to attract investors by providing a business-friendly environment. The main objectives of this study are to find out the status of Malaysia as a destination for FDI; the factors that attract FDI into Malaysia and how these can be enhanced, and the factors that hinder the flow of FDI into Malaysia and how these can be reduced. The study covers a period of five years from 2014-2015 to 2018-2019. The study analysis various determinants of FDI like market size, economic growth, infrastructure, political risk, corruption, labor market, technological readiness, innovation, financial system, taxation, cost of capital, ease of doing business, and government policies. The study shows that Malaysia’s performance in attracting FDI relative to both earlier decades and the rest of the Association of Southeast Asian Nations (ASEAN) had slowed. But thebusiness climate in Malaysia is generally conducive to investment.


    • To Bitcoin or Not To Bitcoin; Exploring Consumer Perceptions
      Original Research Article
      Country Cyprus
    • Pages 78-85
    • Ayenimo Babatope Davis || Petasis Andreas
    • Abstract | pdf Pdf
    • The aim of this paper is to examine whether demographic variables (age, gender, education) relate or affect the choice of purchasing Bitcoins by focusing on the demographic profiling of people. This research also investigates the reasons why people purchase Bitcoin and the reason why people don’t want to purchase Bitcoin or other crypto currencies. On that the study focuses on answering the following questions: (i) Do demographic characteristics affect the choice of purchasing Bitcoin?, (ii) What are the reasons why people purchase Bitcoin?, and (iii) What are the reasons why people don’t want to purchase Bitcoin? Data were collected through a distributed questionnaire and further cross-tabulated using SPSS. Results reveal that the main reasons for not purchasing Bitcoins are higher risk, fluctuating price, and lack of adequate information on how the crypto currency system works; further, those purchasing Bitcoins do it for long term investment purposes. Out of the demographic variables, gender, age and education level significantly affect the choice of investing in crypto currencies.


    • Adolescent’s Perception of His Influence on Purchase Decision of Mobile Phone for his Own Use: a Consumer Socialization Perspective
      Original Research Article
      Country Portugal
    • Pages 86-103
    • João Paulo Baía
    • Abstract | pdf Pdf
    • Globalization has brought the need for companies to seek to better understand their consumers and, in particular, how they decide to buy. In this context, the family is the most relevant consumer unit for marketing managers.The study of the family require a continued and more deeply study, in particular the participation of adolescent and the extent of such influence in decisions to purchase products, such as mobile phone for his own use. So, the adolescent’ role is not adequately explained, having often been devalued or relegated. The adolescent tend to have a higher knowledge than his parents for technological items, which can constitute an important resource for participating in those decisions. Furthermore, technological products for adolescent’ use have not yet been adequately researched.


    • Scheduling approach for a wafer fab with re-entrant flows and photo dedication constraints
      Original Research Article
      Country South Korea
    • Pages 104-108
    • Choi Seong-Woo
    • Abstract | pdf Pdf
    • In this research, we consider a scheduling problem for a wafer fab with dedication constraints of photolithography equipments. In a fab, wafer lots have to visit the serial operations (clean, diffusion, photolithography, etch and so on) to construct multi (L≥2) layers of semiconductor chips. Therefore, there are re-entrant wafer lots (j-th pass lot, 2≤j≤L) in a fab. Then, the re-entrant lots have to be operated in the photolithography equipments that the lot (first-pass lot) was operated in the first flow, which is called as dedication constraint. For the exact circuit alignments among layers of a wafer, the dedication constraint of photolithography equipment is very important, and we fulfill the dedication constraint of photolithography equipment. In this paper, we approach the concepts of heuristic algorithms considering the dedication load balance, and the objective function of this scheduling problem can be represented as minimizing the total flow time and so on.


    • Profiling the Risk Tolerance of Higher Education Students in Zambia
      Original Research Article
      Country Zambia
    • Pages 109-118
    • Mashombotwa Mukwena || Macmillan Handema
    • Abstract | pdf Pdf
    • There is overwhelming consensus among researchers that investment behaviour is anchored on tolerance towards risk. Therefore, all strategies and policies intended to promote investment behaviour should be anchored on understanding the Financial Risk Tolerance (FRT) profile of the target group. The current study sought to profile the FRT of higher education students as a key target group for future economic wellbeing and investment performance in Zambia. The FRT profile will help to understand the extent to which higher education students are willing to take on risk, thus, appropriate strategies and policies can be formulated to influence desirable investment behaviour. The study adopted the descriptive research design to systematically describe the FRT of higher education students. Data was collected from final year masters students at University of Lusaka using an electronic questionnaire.Descriptive statistics was used to analyse the data. The study established that higher education students have an aggressive attitude towards risk. This means that higher education students are predominantly willing to take on more risk. Coupled with appropriate motivation from policy makers and other stakeholders such as investment companies, higher education students are good agents for economic emancipation through active involvement in investment activities in Zambia. The study recommends that policy makers should create an enabling environment that promotes and enables the prospective investors to take on the desirable level of risk through investments. It is also recommended that other stakeholders such as investment companies should design financial products that exhibit ownership characteristics or stock like properties, if they are to have sufficient business relationships with this market segment.


    • Preparation of a Startup Business Plan through Online Training for Millennial Entrepreneurs in Indonesia
      Original Research Article
      Country Indonesia
    • Pages 119-123
    • Budi Sutedjo Dharma Oetomo || Singgih Santoso
    • Abstract | pdf Pdf
    • More and more young people who belong to the millennial generation and generation Z want to start a startup business. The development of startup businesses in the internet environment is also growing. Therefore, young people who are members of SEPex Young Yogyakarta and Kevikepan DIY Province in Indonesia are also interested in building with the motivation to create massive new jobs for young people. The main problem is that those who are involved in the development or development of the business do not have good, neat, logical, efficient and effective planning.Therefore, through this community service program, partners need motivation, debriefing or training, practice making startup business plans, evaluation, and correction.Through this program, the participants gain insight, knowledge and skills in preparing a startup business plan that is ready to be implemented.


    • The Effect of Ethical Leadership, Career Distributive Justice on Turnover Intention through Trust in Leader
      Original Research Article
      Country Indonesia
    • Pages 124-133
    • Vani Anggara Wiriatmaja || Siswoyo Haryono || Meika Kurnia Puji Rahayu
    • Abstract | pdf Pdf
    • This study aims to examine the effect of ethical leadership, career distributive justice on turnover intention through trust in leaders as mediator. The research was conducted at Bank CIMB Niaga Yogyakarta Branch. The research method used a survey with a questionnaire instrument. The sampling technique used purposive sampling with a sample size of 123 respondent. Data analysis and testing was carried out using structural equation modeling with AMOS software. The results of this study are 1) ethical leadership, career distributive justice and trust in leader have a significant effect on turnover intention, 2) ethical leadership has no effect on trust in leaders, 3) career distributive justice has a significant effect on trust in leaders, and 4) trust in leader mediates the influence of career distributive justice on turnover intention. The implication of this research proves that career distributive justice plays an important role in increasing trust in leaders and reducing employee turnover intention.