Entrepreneurial Business Ethics and Good Governance

2021 ◽  
pp. 127-147
Author(s):  
Jayrusha Ramasamy Gurayah ◽  
Jayrusha Ramasamy Gurayah
Keyword(s):  
Developing Countries ◽  
Corporate Governance ◽  
Business Ethics ◽  
Good Governance ◽  
Poverty Eradication ◽  
Economic Activities ◽  
The Past ◽  
Job Opportunities ◽  
Small Medium Enterprises ◽  
Medium Enterprises

Small medium enterprises (SMEs) have proven and are known to be one of the biggest contributors to the economy of developing countries. Evidence shows that SMEs provide a number of job opportunities, which results in unemployment reduction, poverty eradication, and a bigger boost towards other economic activities. However, most SME entrepreneurs face an array of problems such as access to funding, building up international connections, getting appropriate knowledge and access to adequate technology. These issues are then further intensified by the lack of proper governance and the avoidance of business ethics by most SME entrepreneurs. Over the past years, the number of SMEs has grown drastically in developing countries (Nigeria, Algeria, Brazil, and Vietnam), which has also resulted in an increase in competition within the sector. This has given rise to the need to install the strategies of corporate governance with the aim of strengthening the competitiveness of SMEs.

scholarly journals Indonesia’s policy on e-commerce regulation and its challenges

2019 ◽  
Vol 3 (2) ◽  
pp. 69-74 ◽  
Author(s):  
Peronika Simanjuntak
Keyword(s):  
Economic Growth ◽  
Significant Influence ◽  
Economic Activities ◽  
Conceptual Foundation ◽  
The Third ◽  
The Past ◽  
Internet Users ◽  
Technological Developments ◽  
Small Medium Enterprises ◽  
Medium Enterprises

Globalization has a significant influence on many aspects, such as social and economic, and its effect cannot be separated from technological developments that change human behavior in conducting economic activities. Those change including the emergence of trade that uses online-based transactions or ecommerce. E-commerce considered to have a significant influence on the country’s economic growth and predicted to flourish over the years. Aware of its enormous potential and growth in Southeast Asia, countries in this region began to regulate e-commerce, and one of them is Indonesia. The authors find that in the past few years, Indonesia has been more active in making and changing its policies to regulate online-based trading, while at the same time trying to protect its domestic small-medium enterprises (SMEs). Nowadays, Indonesia's ecommerce market is relatively minor compared to its neighbors. However, believed that the growth of the middle class, the improvement of internet users, and the intensive improvements in Indonesia’s logistics and infrastructure that conducted in recent years, will have a significant effect on the Indonesian ecommerce market. In this paper, the authors will explain the policy of Indonesia in regulating e-commerce and its challenges. The discussion in this paper will be divided into three sections. The first part is the conceptual foundation. The second part is about the development of e-commerce in Indonesia. The third part is the Indonesian government's policy in managing e-commerce and its challenges

PENGARUH PENYELENGGARAAN HAJI TERHADAP PENINGKATAN AKTIVITAS EKONOMl DI WILAYAH PROPINSI DKI JAKARTA

ALQALAM ◽  
2013 ◽  
Vol 30 (2) ◽  
pp. 380
Author(s):  
Chairul Akmal
Keyword(s):  
Secondary Data ◽  
Travel Agency ◽  
Economic Activities ◽  
Factors Affecting ◽  
Regression Methods ◽  
The Social ◽  
Travel Agencies ◽  
Relationship Model ◽  
Small Medium Enterprises ◽  
Medium Enterprises

This research analyzes some factors affecting economic activities in relation with the conduct of pilgrimage. Those factors are the pilgrimage cost, the amount of pilgrims, and the amount of pilgrimage officers. The objective of this research is to acquire the information of how each factor and all factors together affect the economic activities. This research also analyzes the effect of foods and drinks expenses, the effect of nonfoods and drinks expenses, and the effect of miscellaneous expenses on UMKM - Micro, Small, Medium enterprises' economic activities.             This research is conducted in DKI Jakarta in 2007. The population of this research is the average economic activities in DKI Jakarta in 2007. There are 42 respondents (Banks), 157 respondents (travel agencies), and 50 respondents (UMKM - Micro, Small, Medium enterprises) which are taken as samples from the population using the purposive sampling method. The data is obtained by the researcher using questioners and secondary data which is taken from 1990-2007.             The methodology used in this research is based on. the causal relationship model In testing the hypothesis of this research, the researcher uses the simple and multiple regression methods, and path analysis method. The significant rate a = 0,05 used in determining the interpretation of the statistic result. The data is processed using SPSS (Statistical Packages for the Social Sciences) version 12.00.             The results of the analysis in the 1st equation -are (i) the effect of the pilgrimage cost on banks' revenues is quite strong, (ii) the effect of the pilgrimage cost on travel agencies' revenues is quite strong, (iii) the effect of the pilgrimage cost on UMKM - Micro, Small, Medium enterprises' revenues is weak.             The results of the analysis in the 2nd equation are (i) the effect, of the amount of pilgrims on Banks' revenues is very weak, (ii) the effect of the amount of pilgrims on travel agencies' revenues is very weak, (iii) the effect of the amount of pilgrims on UMKM - Micro, Smal4 Medium enterprises' revenues is very weak.             The results of the analysis in the 3rd equation are (i) the effect of the amount of pilgrimage officers on banks' revenues is very weak, (ii) the effect of the amount of pilgrimage officers on travel agencies' revenues is very weak, (iii) the effect of the amount officers on UMKM-Micro, Small Medium enterprises' revenues is very weak.   The results of the analysis in the 4th equation are (i) the effect of all three factors which are the pilgrimage cost, the amount of pilgrims, and the amount of pilgrimage officers simultaneously on banks' revenues is very strong, (ii) The effect of all three factors which are pilgrimage costs, the amount of pilgrims, and the amount of pilgrimage officers simultaneously on travel agencies' revenues is strong, (iii) The effect of all three factors which are pilgrimage costs, the amount of pilgrims, and the amount of pilgrimage officers simultaneously on UMKM-Micro, Small Medium enterprises' revenues is strong.             The result of the analysis in the 5th equation is the effect of foods and drinks expenses on UMKM-Micro, Small Medium enterprises' revenues is weak. In the 6th equation, the effect of nonfoods and drinks expenses on UMKM-Micro, small Medium enterprises' revenues is weak. In the 7th equation, the effect of miscellaneous expenses on UMKM - Micro, Small Medium enterprises' revenues is quite strong. In the 8th equation, the effect of all three factors which are the effect of foods and drinks expenses, the effect of nonfoods and drinks expenses, and the effect of miscellaneous expenses simultaneously on UMKM-Micro, Small Medium enterprises' revenues is quite strong.             The implication of the research results mentioned above is the factors in the conduct of pilgrimage do increase the economic activities (Banks, Travel Agencies, and UMKM - Micro, Smal4 Medium enterprises) in DKI Jakarta. Therefore, considering that matter, the General Director of the conduct of pilgrimage division of Department of Religion Republic of Indonesia should determine the pilgrimage cost which is affordable, increase the service, and provide a good information system which will result in a better conduct of the pilgrimage. Key word: The Costs of Hajj, Hajj Officer, Travel Agency, UMKM

scholarly journals Composting: A Better Solution for Managing Nepal’s Increasing Solid Waste

2018 ◽  
Vol 13 (1) ◽  
pp. 215-220
Author(s):  
Shreesti Raj Lohani
Keyword(s):  
Developing Countries ◽  
Solid Waste ◽  
Effective Means ◽  
National Level ◽  
Agricultural Practices ◽  
Not Given ◽  
Economic Activities ◽  
Environment Friendly ◽  
Individual Level ◽  
Job Opportunities

 In developing countries like ours, environmental factors are not given that priority while managing solid waste. Poor planning and management is continuously resulting to environmental degradation and ecological imbalance. Composting, which is a traditional yet sustainable and environment friendly way of managing solid waste is being neglected. In this article, I have first tried to put forward the existing situation of waste management and waste disposal practices in our county and then to explain about how composting is being practiced in today’s scenario. I made field study in Sawal Bahal and Teku area and also referred to published information for this paper. I have tried to highlight the fact that composting, with a little effort from government side and each individual involved, it can prove to be a very effective means of managing solid waste. This practice will definitely help to boost the economic activities of the country. The later part of the paper explains the benefits of composting for each individual level to national level. Various factors whether it be environmental upgradation to new job opportunities or for best agricultural practices, composting can prove beneficial for all.Journal of the Institute of Engineering, 2017, 13(1): 215-220 

Transformation of the Agrifood Industry in Developing Countries

2014 ◽  
Author(s):  
Thomas Reardon ◽  
C. Peter Timmer
Keyword(s):  
Developing Countries ◽  
Government Policy ◽  
Small And Medium Enterprises ◽  
Market Forces ◽  
Inclusive Growth ◽  
Growth Path ◽  
The Past ◽  
Medium Enterprises ◽  
And Behavior ◽  
Rapid Transformation

Over the past 30 years, the agrifood industry in developing countries has been undergoing rapid transformation in structure and behavior. These changes have been driven by both market forces and government policy, particularly foreign direct investment, and have the potential to affect farmers and consumers; the former via increased incomes and modernized technologies, and the latter via cheaper and safer food. This article examines the transformation of the agrifood industry in developing countries, focusing on the sector’s three segments: retail, wholesale, and processing. It first looks at the factors that drive the transformation of the industry and its procurement systems/supply chains that are shared across the segments. It then considers the “symbioses” among the three segments, highlighting how they reinforce each other and enter preferred supplier relations with one another. It also discusses emerging impacts of the above transformations on farmers as well as small and medium enterprises. Finally, it describes programs that promote linkages for a faster, more integrated, and more inclusive growth path for these transformations over the next decade.

scholarly journals Agencies for Entrepreneurship Development and SMEs’ Promotion in Nigeria

2020 ◽  
Vol 15 (2) ◽  
Keyword(s):  
The State ◽  
High Rate ◽  
Sample Population ◽  
Government Officials ◽  
Entrepreneurship Development ◽  
The Past ◽  
Marketing Systems ◽  
The Difference ◽  
Small Medium Enterprises ◽  
Medium Enterprises

Many Researchers have written on the SMEs and Entrepreneurship in the past but failed to distinguish clearly the difference between the two concepts, thereby leaving a gap in literature. This study attempts to bridge his gap. The study identified the difference between entrepreneurship and Small/Medium Enterprises (SMEs), clarified the erroneous practice of using both words interchangeably by Researchers/Practitioners, categorized the supporting agencies and climaxes their contributions and limitations with suggestions for future considerations. In examining their contributions, a sample population of 1200 stakeholders was purposely selected in the state of Osun, Nigeria. Overall findings revealed that Agencies’ impacts have been minimal due to the high rate of corruption, bureaucracy and inability to separate entrepreneurial SMEs from non-entrepreneurial SMEs, These Agencies fall within the intermediate environment of businesses, categorized as participatory, facilitating & regulatory and are public sectors dominated with low entrepreneurship orientation. The study averred that Agencies/government officials should be more entrepreneurial by promoting auxiliary marketing systems for SMEs. It is suggested that having business-minded and entrepreneurial politicians/ leaders would promote SMEs and entrepreneurship in Nigeria.

scholarly journals Aspects of Corporate Governance in Developing Countries

2021 ◽  
Vol 10 (1) ◽  
pp. 1-8
Author(s):  
MUHAMMAD MAJID MAHMOOD BAGRAM ◽  
AKBAR ABBAS BANGASH ◽  
ZARA KIRAN
Keyword(s):  
Developing Countries ◽  
Corporate Governance ◽  
Good Governance ◽  
The Political ◽  
Economic Progress ◽  
Research Article ◽  
Key Dimensions ◽  
Political Governance ◽  
The Impact ◽  
The Relationship

This research article throws light on the impacts of Corporate Governance in the developing countries particularly to Pakistan, Mexico, Brazil and Bangladesh. The paper starts with discussions on how and when there is an alteration in different features of company administration during the practice of financial advancing in Mexico. It encompasses ultimately the impact of transforms in the replica of business control regarding the expansion of the state e.g. enlargement in purchaser commodities in favour of central group buyers, growth revelation through home firms, fewer help in favour of community public schemes etc. The authors of this research article assert that problems of governance in Bangladesh are at the helm of affairs of its economy. We observed the data regarding governance of Bangladesh of period 1996-2004 and analysed these various governance dimensions out of the aforesaid economic progress analysis the key dimensions have been divulged. These are political governance, institution dimensions and technology dimensions. The political governance in Bangladesh has been paralysed from 1998 to 2004. When the performance of governance in Bangladesh become functional it had positively affected the economy. We cannot say the importance of company authority within growing kingdoms. The commercial domination might include a slightly different system than prevalent in the European countries and North America due to insufficient infrastructure and destroy governmental policy interventionism. We also throw light on important features of Brazilian firm’s changes after the application for communal power exercises. After making a deliberation on the implementation of joint supremacy in Brazil, Mexico, and Bangladesh and subsequently we have emphasized the impact of Corporate Governance and proper growth in Pakistan. The relationship between good governance and proper growth is proportional generally. Having studied different scenarios of the countries under remonstration, the writers have reached the conclusion that good governance is an essential component for upgrading the economies of developing countries because of these reasons it may be said that high-quality control leads towards a country obtain sky-scraping and frequent monetary increase through establishment of congenial environment for savings and investment, entrepreneurship, yielding implement upon manufacturers, generating constancy among marketplace, expansion in souks though elimination of hurdles/barriers towards inner job and progress over the competitors. Keywords: Business Control, Economic Development and Proper Growth.

Business Ethics and (or as) Political Philosophy

2010 ◽  
Vol 20 (3) ◽  
pp. 427-452 ◽  
Author(s):  
Joseph Heath ◽  
Jeffrey Moriarty ◽  
Wayne Norman
Keyword(s):  
Political Philosophy ◽  
Corporate Governance ◽  
Business Ethics ◽  
Applied Ethics ◽  
The Other ◽  
Business Practices ◽  
Central Importance ◽  
Capitalist System ◽  
The Past ◽  
Distribution Of Income

ABSTRACT:There is considerable overlap between the interests of business ethicists and those of political philosophers. Questions about the moral justifiability of the capitalist system, the basis of property rights, and the problem of inequality in the distribution of income have been of central importance in both fields. However, political philosophers have developed, especially over the past four decades, a set of tools and concepts for addressing these questions that are in many ways quite distinctive. Most business ethicists, on the other hand, consider their field to be primarily a domain of applied ethics, and so adopt methods and conceptual frameworks developed by moral philosophers. In this paper, we discuss some of the salient differences between these two approaches, and suggest some ways in which business ethicists could benefit from taking a more “political philosophy” approach to these questions. Throughout, we underline the importance of seeking greater compatibility among the principles used in normative theorizing about markets, regulations, corporate governance, and business practices.

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