scholarly journals Relationship between Covid-19 pandemic and firm’s performance towards unemployment across countries

Author(s):  
Noriza Mohd Saad

As a result of the consequences of the Covid-19 pandemic, stock market players issued their quick response on how coronavirus has affected the performance of firms whereby most of the affected sectors are airlines, tourism, hotels, transportation and many more. This has led to an increase in the unemployment rate worldwide.  Considering this global issue, this study was aimed at investigating the relationship between unemployment with a number of confirmed cases of Covid-19 and firms’ performance as well as the controlling factors across seven (7) countries. Secondary data were utilized with the data obtained from Bloomberg and Worldometers website. The dataset for dependent as proxy by unemployment rate and explanatory variables proxies by COVID-19 and firm’s performance were then tested using multivariate regression approach. Finally, from the study, it is suggested that an increase in the number of Covid-19 cases will affect business performance as controlled by macroeconomics factors which lead to a significant positive relationship between the unemployment rates in all the countries of this study. This factor may affect the government’s decision to implement the Movement Control Order (MCO), for instance by the Malaysian Government. By Covid-19 vaccine development in the market nowadays, hopefully, the spread can be mitigated and firms’ performance can return to normalcy to avoid increasing rate of unemployment in the world.

2021 ◽  
Vol 7 (3) ◽  
pp. 57-68
Author(s):  
M.V. Prasanna ◽  
S. Chidambaram

Malaysia is considered as one of the countries with the highest novel corona virus (COVID-19) infected cases in Southeast Asia. Recent studies have identified that the air quality of a region also governs the transmission of the virus through pollutants. Hence, a study was conducted to assess the influence of air quality on the COVID-19 pandemic spread in central Peninsular Malaysia and Sabah. An attempt was also made to infer the effect of monsoonal precipitation on air quality. Central Peninsular Malaysia consists of major cities like Kuala Lumpur, Selangor and Putrajaya. These cities are highly populated, with the expansion of industrial activities, rapid urbanisation and greater usage of vehicles has resulted in air quality deterioration. Such conditions have led to related public health issues, compared to Sabah in east Malaysia. In this study, COVID-19 infected cases, air quality index (AQI) and precipitation data were collected from 25 January to August 2020 to infer the relationship of air quality to the pandemic spread before, during and after the implementation of lockdown periods in the country, referred as movement control order (MCO). The lockdown periods fall under various monsoon climate patterns in the country. Interpretation of data reveals that the variation in air quality correlates with the infected cases. Improved air quality was observed during the last phase of MCO with a lesser number of infected cases. The HYSPLIT model was adopted to study the backward air mass trajectories for different time frames to identify the variation in the sources of pollutants reaching the study area. The study determined that the air pollutants have reached the study area from various directions, reflecting a mixed contribution from the ocean and land area. The relationship between high precipitation (during inter-monsoon and SW monsoon) and improved air quality reveals the washout effect of air pollutants. The outcome of this study inferred that the variation of air quality and precipitation rates facilitate the pandemic spread in this region in addition to the other meteorological factors, apart from individual immune capacity and social distancing.


2021 ◽  
Vol 7 (4) ◽  
pp. 234
Author(s):  
Gemechu Abdissa ◽  
Abebe Ayalew ◽  
Csaba Bálint Illés ◽  
Anna Dunay

Small and medium enterprises are paying the lion’s share in the innovation-based economy of today’s competitive business environment. To this effect, this study observed the effects of corporate entrepreneurship (CE) dimensions on the performance of SMEs in the town of Holeta, Ethiopia. We used both descriptive and survey research designs to meet the specified target of the study. The researchers employed both primary and secondary data sources; the former were collected from 173 participants using both primary and secondary data. The result of this study indicates that all of the explanatory variables used were statistically significant and had a positive relationship with the performance of SMEs. Thus, we recommend that owners of small and medium enterprises pay special attention to practicing CE to increase their business performance, sustainability, and competitiveness. Entrepreneurs should also come up with new and attractive product and service features to take high market shares. Furthermore, forecasting potential challenges for firms and devising possible ways of solving the situation in advance can safeguard businesses from failure.


2017 ◽  
Vol 25 (2) ◽  
pp. 307-319 ◽  
Author(s):  
Serhan Çiftçioğlu ◽  
Murad A. Bein

This article empirically examines the relationship between alternative measures of financial development and the unemployment rate in a selected group of ten EU countries. Using annual data for the sample period of 1991–2012, we first perform different panel regressions (using averaged and non-averaged versions of data) for unemployment rate. These panel regressions are based on a regression equation that includes inflation rate and growth rate of GDP, in addition to the level of financial development, as explanatory variables. Secondly, we apply Granger causality tests to investigate the nature of the causality between financial development and the unemployment rate for each country in our sample. The empirical findings suggest that unemployment rate and financial development are negatively correlated, and there is a statistically significant causal effect of financial development on unemployment in certain countries. However, the results are not robust to the choice of proxy measure for financial development.


Author(s):  
Mazwani Binti Abdullah ◽  
Mohd Amran Bin Mohd Daril ◽  
Mohammad Ikbar Bin Abdul Wahab ◽  
Khairanum Binti Subari ◽  
Shahino Mah Bin Abdullah

<p class="0abstract"><span lang="EN-US">This research study the relationship between the understanding of online learning during Movement Control Order (MCO) due to pandemic Covid-19 and the movement condition through the sensor’s parameters sensed by smartphone. The studies carried out to track the student’s movement and conditions in sitting position while online class conducted and collect the data recorded by using smartphone sensors. The Apps AndroSensor is used to measure the Light intensity (lux), Orientation (axis x, y and z), Sound Level (dB) and Heart Rate (bpm). The understanding of online learning is measured using survey and questionnaire. The respondents that involves on this research are consists from different universities. Multiple Linear Regression was used to conclude the relationship between the parameters and the understanding of online learning. Total 60 students were involved in this study. Students that are selected has followed the criteria needed which are height, weight and age. </span></p>


2019 ◽  
Vol 58 (1) ◽  
pp. 115-124
Author(s):  
Rummana Zaheer ◽  
Shahana Kiramat

Although it is very common to argue that the foreign direct investment is beneficial for the economic development of a nation. This exploration investigates the connection amongst FDI and economic development in case of Pakistan. In this study secondary data from 1985 to 2016 is taken to examine the relationship. The investigation included GDP as explained and exports and FDI as explanatory variables. To check data either it is stationary or not the study used Augmented Dickey Fuller test in our study. After making data stationary we have used OLS method to investigate the nature of relationship between the variables. Our results show that there is direct link amongst explained and explanatory variable. The findings also show that there is significant relationship between FDI and economic growth. After analyzing the calculations we came to know that foreign direct investment is a significant element for the economic development because it has positive impact and have significant relation with growth of an economy. Since FDI is an impressive element in economic development so, government should take steps to attract the foreign investors and make policies to encourage the trade liberalization to gain more from the foreign investment.


2021 ◽  
Vol 2 (1) ◽  
pp. 1-13
Author(s):  
S.M. Shariful Haque

Purpose: This study's purpose is twofold: first, to examine the effects of the Covid-19 pandemic on Bangladesh's travel and tourism sector and second, to suggest some recovery strategies to reduce the negative effects of this pandemic so that the travel and tourism sector of Bangladesh can bounce back. Methods: This study is qualitative in nature, applying secondary data analysis technique to collect data from various sources, which includes academic journals, news articles, and websites of different professional bodies like the World Tourism Organization (UNWTO), World Travel and Tourism Council (WTTC), Travel Owners Association of Bangladesh (TOAB), etc. Results: The findings indicate that Bangladesh's travel and tourism sector has been impacted considerably by the pandemic due to travel restrictions, movement control order, apprehension of Covid-19 contamination, etc. Some recovery strategies are also suggested to minimize the pandemic's detrimental consequences. Implications: This research provides guidelines for tourism marketers, which will help them to revise their strategies so that they will be able to remove anxiety from travelers’ minds and influence their visit intention. Originality: Covid-19 pandemic and its effects on the travel and tourism sector have been an emergent research area since travel and tourism is one of the severely affected sectors during the pandemic. However, so far insufficient studies related to this area in the context of Bangladesh are available. Hence, this research is an attempt to bridge this gap in the literature.


2021 ◽  
Vol 6 (38) ◽  
pp. 193-208
Author(s):  
Baidi Baddiri ◽  
Mohd Khairuddin Abdullah @Jerry Abdullah

Safety and Healthcare system become the government's main agenda, especially when the country is facing a critical global epidemic crisis, known as the transmission of the third wave of COVID-19. The country of Sabah is a state that reports so many cases of daily infections that up to 600 active cases are detected every day and subsequently places the state of Sabah become a red zone. Therefore, the emphasis on knowledge level is an important aspect in curbing the transmission of COVID-19. Thus, this study was conducted to find out what is the level of knowledge about COVID-19 and the Movement Control Order (MCO) as well as to identify the relationship between these two variables in breaking the chain of COVID-19 transmission, especially among the ILKKM KK staff. The study design was applying quantitatively in the research methodology, by the implementation of questionnaires through surveys, while convenient random sampling was used as a sampling method with a total of 267 respondents consisting of ILKKM KK staff. Analysis of instrument evaluation and sampling methods is also discussed in this study. The results showed that the patient's level of knowledge about COVID-19 was at a high level with a mean value = 3.902, SD = 0.423. However, the level of knowledge about MCO is at a moderate level with a mean value = 3.631, SD = 0.323. Meanwhile, correlation analysis showed there is a strong relationship between knowledge of COVID-19 and knowledge of MCO with correlation value r = 0.79, p> 0.05. Thus, the results of this analysis show that there is a strong relationship between the knowledge level ofCOVID-19 and MCO in deciding the chain of infection of COVID-19, especially among the ILKKM KK residents.


2021 ◽  
Vol 2 (1) ◽  
pp. 65-71
Author(s):  
Shereen Khan ◽  
Nasreen Khan ◽  
Olivia Tan

The 2030 Plan for Sustainable Development Goals (SDGs) was approved by the United Nations General Assembly in 2015 on the principle of “leaving no one behind” in order to achieve sustainable development for everyone. The global pandemic has forced a lot of people to become jobless and in fact the unemployment rate has been increasing since the outbreak of Covid-19 pandemic across the globe. Youths have not been spared from this especially youth from the deprived population. This article looks into how the deprived young population can be empowered especially during the post pandemic era. The objectives of this article are to investigate and examine the post covid-19 recovery plan for young population in Malaysia and other jurisdictions to ensure that they are not left behind in nation building for sustainable futures. The main objective is thus to recommend the best practices and policy to be implemented to empower the deprived young population in the post pandemic era. A comparative study was conducted by analysing the policies in Malaysia and other selected jurisdictions. This article is basically emphasized on the current situation in Malaysia and the research was limited to secondary data becaused of the movement control order implemented in Malaysia to curb the spread of global pandemic. The findings of this article is to contribute to the policy makers in their effort to empower the youths from deprived society. Young people including those from the deprived population are the hope of stable future of the country.


2021 ◽  
Vol 6 (17) ◽  
Author(s):  
Sara Naquia Hanim Shaharuddin ◽  
Radziah Mahmud ◽  
Nor Khadijah Mohd Azhari ◽  
Widya Perwitasari

Due to the movement control order, company performance is predicted to be highly affected by Covid-19 pandemic.  Thus, this study seeks to examine the impact of leverage, liquidity and cash flows from operations towards company performance during the Covid-19 pandemic. Using secondary data from public listed companies on Bursa Malaysia with two financial quarters in the financial year 2020, it is found that there is a significant impact of liquidity and cash flows from operations on company performance. This study may contribute as additional literature to future studies and provide sights to regulators in dealing with the pandemic outbreak. Keywords: Covid-19; leverage; liquidity; cash flows eISSN: 2398-4287© 2021. The Authors. Published for AMER ABRA cE-Bs by e-International Publishing House, Ltd., UK. This is an open access article under the CC BYNC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). Peer–review under responsibility of AMER (Association of Malaysian Environment-Behaviour Researchers), ABRA (Association of Behavioural Researchers on Asians/Africans/Arabians) and cE-Bs (Centre for Environment-Behaviour Studies), Faculty of Architecture, Planning & Surveying, Universiti Teknologi MARA, Malaysia. DOI:


The increasing social vices in Nigeria such as kidnapping, armed robbery, political thuggery and terrorism are indicators of a national doom. Kidnappings are done for ransom from the victims, while armed robbery, political thuggery, and terrorism are engaged for financial gains and selfish interest. These criminal activities negatively affect the peace, security, and development of the nation. This study examines the relationship between youth unemployment and Boko Haram terrorism in Nigeria. This study relies on secondary data and adopted the frustration-aggression theory as its theoretical framework. The study revealed that high rate of youth unemployment in northeast Nigeria has provided foot soldiers for the Boko Haram elites. More so, available data show youth unemployment rate in Nigeria is so high, and these criminal engagements are attributed to it. As a way forward, the study recommends amongst others that, the Nigerian government should identify the causes of youth unemployment and intensify efforts at youth unemployment reduction as such efforts will reduce poverty and take care of other needs of the youths.


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