scholarly journals The effect of Covid-19 on the economy of Bangka-Belitung and the performance of MSME and its impact on competitive strategies in the new normal era

2020 ◽  
Vol 1 (1) ◽  
pp. 51-63
Author(s):  
Reniati Reniati ◽  
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Muhammad Faisal Akbar ◽  
Nur Ahmad Ricky Rudianto ◽  
◽  
...  

Purpose: The economy in the MSME sector is experiencing a great crisis in the face of the Covid-19 pandemic. MSME actors must change strategies to adapt to the current pandemic conditions. The purpose of this study was to examine the effects of Covid 19 on the economy and performance of MSMEs as well as the strategies adopted by MSME players in Bangka Belitung Province. Research methodology: The data collection method employed probability sampling with google form media analyzed by using cross tabulation, trend analysis and simple mathematical modeling in projecting total economic losses to MSMEs that are active in the Bangka Belitung Island Province. Results: The results show that 84.7 percent of MSMEs experienced a negative impact due to the Covid 19 pandemic in the form of a decrease in sales turnover, reduced demand and hampered distribution of raw materials. However, 15.3 percent of MSMEs experienced a positive impact and survived in the Covid 19 pandemic conditions. Some of the strategies implemented by MSMEs to survive in the Covid 19 periods were replacing products sold with products for handling COVID 19 such as masks, hand sanitizers and others. MSME players also changed their sales strategy by selling online and maintaining customer databases. Limitation: Due to the Covid-19 condition, survey activities were carried out by using the Google Form online application. Contribution: MSMEs undertook a more aggressive marketing strategy to maintain turnover value in order to keep growing. Keywords: Covid-19, MSME, Turnover, Competitive strategy

2020 ◽  
Vol 20 (3) ◽  
pp. 401-427
Author(s):  
Babatunji Samuel Adedeji ◽  
Tze San Ong ◽  
Md Uzir Hossain Uzir ◽  
Abu Bakar Abdul Hamid

Purpose The non-existence of the corporate governance (CG) concept for practices by non-financial medium-sized firms (MSFs) in Nigeria informed. This study aims to determine whether CG practices influence firms’ performance and whether sustainability initiative (SI) mediates the relationship between CG and MSFs’ performance in Nigeria. Design/methodology/approach A total of 300 firms were selected on convenience sampling basis from South Western Nigeria using a structured questionnaire. The authors used Statistical Package for Social Sciences for exploratory data analysis and hypotheses were tested using covariance-based structural equation modelling. Findings The results show that CG has a significant positive effect on performance [financial performance (FNP) and non-financial performance (NFP)] and SI. SI has a mixed impact on performance, e.g. a significant positive impact on NFP but insignificant negative impact on FNP. Similarly, SI has a combined mediating effect in the relationship between CG and performance, e.g. fully mediates CG → NFP and does not mediate CG → FNP. Firms are to invest in social and environmental initiatives substantially. CG codes will complement the International Financial Reporting Standards for MSFs. Research limitations/implications This study supports the assumptions of theories (institutional, stakeholder and agency) as the basis for the usage of multiple approaches to determine the outcome of hypotheses, especially in developing climes. Practical implications The study contributes to CG and performance literature by examining the mediating effects of SI. The paper also shows the necessity to emphasise NFP aspect. Policymakers should evolve CG codes to encourage stakeholders to believe more in the corporate existence of MSFs for strengthening capital-base and quality personnel engagement. Originality/value To the best of the authors’ knowledge, this is one of the first empirical attempts showing the evidence on the relationship between CG and NFP in Nigeria.


2016 ◽  
Vol 54 (10) ◽  
pp. 2544-2561 ◽  
Author(s):  
Nitish Singh ◽  
Jieqiong Ma ◽  
Jie Yang

Purpose Corporate environmental expenditure has been a growing concern in recent years, yet mixed findings exist regarding its economic impact. The purpose of this paper is to explain the mixed relationship between environmental expenditure and economic performance from the natural-resource-based view. Design/methodology/approach Using Global Reporting Initiative survey data from 120 firms in 30 countries, this study uses PROCESS, a path-based analysis software, to test the moderation and mediation hypotheses in an integrated analytical model. Findings The findings show that environmental expenditure has a negative impact on economic performance through pollution prevention capability. In contrast, environmental expenditure has a positive impact on economic performance through product stewardship capability. Both effects are significantly strengthened when the firm is located in an environmentally munificent country. Practical implications This study intends to inform firm managers, especially those in environmentally munificent countries, to relocate their environmental expenditure to enhance firms’ economic performance. In particular, firms should focus more on the reduction of input, such as raw materials, energy, and water, instead of output, including emissions, effluents, and wastes. Originality/value The contrasting indirect effects of pollution prevention and product stewardship offer a viable explanation for the mixed findings in the existent literature on environmental expenditure from a new perspective.


Author(s):  
Ali Al-Thuneibat

This paper aims at providing an empirical evidence concerning the relationship between the ownership structure, capital structure and financial performance of the shareholding companies listed in Amman Stock Exchange (ASE). To measure the ownership structure, the researcher used four variables including foreign, institutional, managerial and concentrated ownership. The capital structure is measured by using the leverage, and the performance is measured by using the return on assets (ROA). To achieve the objectives of the study, a sample of 86 firms from the industrial and service companies listed in ASE during the period 2010 and 2014 is used. The results of the study showed that the relationship between ownership structure in general, and performance is positive and statistically significant, however, the results showed that the various types of ownership structure have different types of relationships with performance. More specifically, there is a negative impact of institutional and foreign ownerships on the performance and positive impact of concentrated and managerial ownerships. The results also revealed that there is a positive impact of the financial leverage on the relationship between ownership structure and firm performance. The findings of the study provide implications to the regulators, investors and managers in Jordan to take into consideration the environment-specific factors when developing corporate regulations and encourage concentrated and managerial ownership because they have positive impact on performance.


2021 ◽  
Author(s):  
Loan T. Vu ◽  
Anh T. H. Vu ◽  
Thao T. P. Nguyen

This study is taken to describe the relationship between the levels of debt, dividend policy and the performance of firms listed in Vietnamese stock market. The dividend policy is proxied by the dividend yield while firm’s performance is measured by ROE, ROA, and P/E. The total number of observations is 552, collecting from 92 listed companies on Hochiminh Stock Exchange during 2012 and 2019. The analysis results from generalized least squares (GLS) models report that the choice of firm’s performance proxy affects the relationship between firm’s performance and leverage as well as dividend policy. While leverage has positive impact on ROE and ROA, it has negative impact on P/E. In contrast, dividend yield ratio is negatively correlated with ROA and P/E but positively correlated with ROE. However, the impact of debt levels on firm’s performance is independent with the choice of leverage proxy. The findings of this research are expected to provide better understanding about the connection between debt, dividend and performance of the firm that can support the managers to make relevant decisions.


2020 ◽  
Vol 221 ◽  
pp. 01004
Author(s):  
Gulnaz Sabirova ◽  
Ruslan Safin ◽  
Shamil Mukhametzyanov ◽  
Nour Galyavetdinov

In environmental matters, one of the most pressing problems is the efficient disposal of polymeric materials that have a negative impact on the ecology of soils and oceans. A necessary condition for the sustainable development of industrial production and processing of polymer products is the transition to polymer materials based on renewable plant raw materials, in particular polylactides, polyhydroalkanates, etc. However, the technology for the production of these types of polymers is seriously inferior to synthetic polymers in the field of energy engineering. In this regard, research in the field of creating composite materials by introducing wood filler is currently particularly relevant. This research covers the results of stress-strain behavior of wood filled polylactic wood powder composite materials thermally modified by high temperatures ranged from 200 to 240 °С. Wood impact strength dependence is defined and static bending and composite density dependence on wood filler quantity and the temperature of its thermal modification is also established. It was specified that with the increasing of filler densification and its thermal treatment, the wood impact strength and composite density is decreasing, while with the reduced content of binding, the thermal modification of 200 °С has a positive impact on bending elastic coefficient. The conducted research allows identifying rational areas of use of composite materials as an effective factor in managing natural resources.


Author(s):  
Fábia Freire Silva ◽  
◽  
Carlos Huberlini Roque da Silva Junior ◽  
José Roberto Andrade Nascimento Junior ◽  
Camila Lopes de Carvalho ◽  
...  

Motivation and anxiety have been a recurring theme of debates in sport and understand its relevance to competitive practice and the effects on athletes become essential. This study aimed to investigate the impact of intrinsic motivation on the anxiety of wheelchair handball (WH) athletes. The Intrinsic Motivation Inventory (IMI) and the Sport Anxiety Scale (SAS) were applied to 37 male athletes (34.18 ± 9.32 years), physically disabled, participating in the Brazilian WH championship. Data analysis was conducted through Shapiro Wilk test, Pearson correlation and Multiple Regression (p<0.05). As a result, the subscales of intrinsic motivation showed high scores both in the subscales that contribute positively (Pleasure/Interest, Competence and Perception of effort), and in the subscale that contributes negatively (Pressure/Tension). Regarding the impact of motivation on competitive anxiety, the athlete feeling competent explained inversely 15% of the somatic anxiety variance. Competence had a negative impact and Pressure/Tension had a positive impact on the Concern subscale. In addition, the pleasure/Interest, Pressure/Tension and Perception of Effort subscales explained 31% of the variance of Concentration Disorder, indicating that the greater the perception of pleasure from practice and effort in the face of tasks, the less disturbances in concentration, and the higher the pressure/tension score (less pressure perception), the greater the disturbance of the athlete's concentration. It was concluded that intrinsic motivation is a determinant factor for the control of competitive anxiety in WH athletes.


2016 ◽  
Vol 4 (1) ◽  
Author(s):  
Ramandeep Kour ◽  
Vaishali ◽  
Neetu Andotra

Organizations are social systems where human resources are the most important factors for effectiveness and efficiency. Organizations need effective managers and employees to achieve their objectives. Leadership is a process by which a person influences others to accomplish an objective and plays a crucial role in many professions, such as banking, education, healthcare, insurance service jobs. Infact, leadership styles are one of the important factors that have the prospective to improve the employee satisfaction and performance. The purpose of this research paper is to examine the relationship between leadership styles and job satisfaction among of 842 subordinates and 421 their respective supervisors. Structural Equation Modeling is used to test the hypothesised relationship. The results revealed that transformational style and democratic style have a positive impact on job satisfaction but transactional style and laissez faire style have a negative impact on job satisfaction. To enhance skills of the employees, the study suggested that firms who want to adopt the job satisfaction must resource their initiatives and increase the capabilities that should be given serious attention by organization aiming to be world class.


2020 ◽  
Vol 12 (7) ◽  
pp. 2975 ◽  
Author(s):  
Alexandru Avram ◽  
Flavia Maria Barna ◽  
Miruna Lucia Năchescu ◽  
Costin Daniel Avram ◽  
Roxana Loredana Avram

In the present paper, we focus on the macroeconomic implications of the populist public policies and in particular on the effects of wage led growth strategy, which started to be applied in Romania from January 2017. Such a study is important as a practical example of applying this particular wage related public policy and sets the premises for analyzing its sustainability and its macroeconomic implications and costs. For analyzing the implications of the wage-led growth strategy upon the sustainability of macroeconomic variables, we have used an unrestricted VAR (vector auto regressive) and compared the effect of the impulse response functions with the recent evolutions of the Romanian economy. Thus, we have observed the effect of the wage led growth strategy, by using the average wage, trade deficit, number of employees, inflation rate, labor productivity, and minimum wage as variables. Our study shows that the wage-led growth policy had a strong positive impact on the number of employees and on inflation, increasing it, but a negative impact on productivity. In addition, we have seen a strong positive impact on increasing the trade deficit. These particular evolutions have left the Romanian economy with almost no fiscal and monetary space of maneuver in the face of the exogenous shock produced by the pandemic.


Proceedings ◽  
2020 ◽  
Vol 63 (1) ◽  
pp. 11
Author(s):  
Adrian-Victor Lăzărescu ◽  
Henriette Szilagyi ◽  
Cornelia Baeră ◽  
Andreea Hegyi

Current research and development policies in the field of building materials, in the context of sustainable development, have the main objectives of increasing the safety and performance of the built environment at the same time as reducing pollution and its negative impact. Today, the idea that the sustainable city of the future should meet human needs and maintain a higher quality of life is worldwide unanimously accepted. The aim of this paper is to present results regarding the production of alkali-activated fly ash-based geopolymer concrete, a new, alternative material, produced using local available raw materials from Romania.


2020 ◽  
Vol 12 (7) ◽  
pp. 2626 ◽  
Author(s):  
Tamás Mizik

The study gives an overview of raw materials and biofuel generation, markets, production, and regulation. The major aim of this study was to reveal the impacts of biofuel production on international commodity trade. According to the results of the country-level regressions, the export of corn and sugar cane have generally negatively impacted ethanol production. This effect was positive at the global level which indicates that some of the imported raw materials are used for ethanol production. Although the explanatory power of the models was relatively high (from 0.35 (EU) to 0.94 (USA)), none of models proved to be significant, even at the 10% level. These values were higher for the biodiesel models (from 0.53 (USA) to 0.97 (Brazil)) and the EU model results were significant at the 5% level. The export of raw materials had a positive impact on biodiesel production. This implies that some part of the biodiesel was produced from the imported raw materials. The export of processed products (different oils) had a negative impact on biodiesel production, as they are normally used for other purposes.


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