scholarly journals THE MODERATING EFFECT OF AGE ON FIRM’S INTERNAL DETERMINANTS OF TRADE CREDIT OF LISTED FIRMS IN KENYA

2021 ◽  
Vol 6 (1) ◽  
pp. 36-57
Author(s):  
Amon Ng’eny
Keyword(s):  
Default Risk ◽  
Trade Credit ◽  
Explanatory Power ◽  
Secondary Data ◽  
Moderating Effect ◽  
Raw Material ◽  
Limited Attention ◽  
Unique Contribution ◽  
Significant Interaction Effect ◽  
Global Companies

Purpose: Trade credit is one of the main sources of funding for global companies. The importance of trade credit can also be seen from the proportion of investment that is financed through it. Despite the potential importance of trade credit, limited attention has been paid to its role and use, especially in developing countries. The main aim of the study was to establish the determinants of trade credit and moderating role of the age of the firms listed in Nairobi securities exchange. Methodology: The study adopted an explanatory research design which was guided by both the transaction cost and the credit substitution theories. The study was based in firms listed on the Nairobi securities exchange for the period 2012 to 2013 and used document analysis to collect secondary data from the company’s annual report. Data were analysed through the use of descriptive statistics and inferential statistics methods. Results: The study findings indicated that debt levels (β1 = 0.5422, ρ<0.05), liquidity (β3 = -0.0275, p < 0.05) and inventory (β4 = -0.0399, p < 0.05) have a significant effect on firm trade credit with an explanatory power of 56% (R2 = 0.5695, p< 0.05), while collateral (β2= -0.1363, ρ > 0.05) have an insignificant effect. On the other hand, firm age has a significant moderating effect on the relationship between determinants and trade credit. In particular, firm’s age has significant interaction effect on debt level (β6 = -2.3609, p < 0.05), the interaction effects on liquidity (β8 = -2.4649, p < 0.05). Unique Contribution to Theory, Practice and Theory: Firms need to establish a well-defined trade-credit granting criteria to assess the creditworthiness of the buyers to avoid default risk or late payment by buyers. Firms should be cautious while pledging an asset as collateral since the bank has exclusive access to pertinent information. Also, firms should hold liquid assets to meet their financial obligations. There is also a need for firms to transform the raw material supplied into finished goods so that suppliers’ advantage in repossessing and selling supplied goods is reduced. The study also contributes to credit substitution theory by indicating the possibility of using internal equity or external debt financing that cannot be undervalued in the market.

STABILITAS HARGA IKAN DI KOTA AMBON MELALUI PERAN COLD STORAGE, OPTIMASI PRODUKSI DAN EFISIENSI TEKNIS

2018 ◽  
Vol 2 (2) ◽  
pp. 74-84
Author(s):  
Stevanus Marelly Siahainenia ◽  
Dionisius Bawole ◽  
Eygner Gerald Talakua
Keyword(s):  
Cold Storage ◽  
Secondary Data ◽  
Raw Material ◽  
Primary Data ◽  
Survey Method ◽  
Production Factors ◽  
Flying Fish ◽  
Qualitative Descriptive ◽  
Installed Capacity ◽  
Space Capacity

The purpose of this study was to find out the function of cold storage in stabilizing fish prices in Ambon City, analyzing optimal production levels of various types of dominant fish, and analyzing the level of efficiency of utilization of cold storage and auxiliary machinery. This study uses the survey method. Primary data collection through questionnaires is built empirically while secondary data is obtained from several agencies related to this study. The research sample was drawn by exhausting sampling, amounting to 6 cold storage units in Ambon City. The role of cold storage to stabilize fish prices was analyzed using a qualitative descriptive approach, while the quantitative techniques used included analysis of optimization of cold storage production with linear programming and analysis of the efficiency of utilization of cold storage. The results of the study show that cold storage has not played a role properly to stabilize fish prices in Ambon City. To achieve optimal use of production factors, the cold storage management needs to reduce the raw material by 24,915.9 kg / month; 7 HOK / month workforce; cold storage storage space capacity of 2.09 kg / month; and demand for flying fish 1,402.6 kg / month, while the use of production factors efficiently (fully utulized) is the capacity of the freezing machine, demand for tuna, skipjack, and cob. The level of technical efficiency of the utilization of cold storage facilities is reached, the total use of installed capacity must be proportional to the capacity used.

An Analysis of the Link between Water Infrastructure Financing and Water Provision South Africa

2018 ◽  
Vol 10 (3(J)) ◽  
pp. 74-83
Author(s):  
Lerato C. Bapela ◽  
Collins C. Ngwakwe ◽  
Mokoko P. Sebola
Keyword(s):  
South Africa ◽  
Quantitative Research ◽  
Secondary Data ◽  
P Value ◽  
Unique Contribution ◽  
Water Infrastructure ◽  
Control Variables ◽  
Policy Makers ◽  
Infrastructure Finance ◽  
Water Provision

This paper evaluated the relationship between water infrastructure financing and water provision in South Africa. The research followed a quantitative research design; secondary data for water infrastructure financing and water provision in South Africa was obtained from the Trans - Caledon Tunneling Agency (TCTA) and the World Bank for the period 1994 - 2014 . The regression results indicated two separate findings which offers unique contribution to the current literature; results from water asset finance as a single independent variable on water provision showed a significant relationship. However, an addition of two control variables , corruption and violence, neutralised the effectiveness of water asset finance on water provision to the extent that water asset finance became less significant with a P value of 0.05. The paper makes a nuance contribution from the findings, which specifically is that finance alone may not deliver target water provision if corruption and violence is left unbridled. The paper thus recommends the need for public policy makers to control the rate of corruption and violence to enable effective application of water infrastructure finance in water provision. The paper also recommends the need for further research on other government departments to integrate corruption and violence as control variables. 

The impact of cloud-enabled process integration on supply chain performance and firm sustainability: the moderating role of top management

2018 ◽  
Vol 23 (6) ◽  
pp. 500-517 ◽  
Author(s):  
Himanshu Shee ◽  
Shah Jahan Miah ◽  
Leon Fairfield ◽  
Nyoman Pujawan
Keyword(s):  
Supply Chain ◽  
Information And Communication Technologies ◽  
Structural Equation ◽  
Moderating Effect ◽  
Top Management ◽  
Supply Chain Performance ◽  
Unique Contribution ◽  
Content Type ◽  
The Impact ◽  
The Relationship

PurposeTheorising from the intersection of supply chain and information systems (IS) literature, this study aims to investigate supply chain integration (SCI) as a multidimensional construct in the context of cloud-based technology and explores the effect of cloud-enabled SCI on supply chain performance, which will eventually improve firm sustainability from a resource-based view (RBV). In addition, the moderating effect of top management is explored.Design/methodology/approachUsing cross-sectional survey data collected from a sample of 105 Australian retail firms, this study used structural equation modelling to test the hypothesised relationship of cloud-enabled SCI with performance in a theoretical model.FindingsResults show that cloud-based technology has positive effect on SCI, and the cloud-enabled SCI is positively related to supply chain performance which eventually influenced firm sustainability. Further, top management intervention moderates the relationship between supplier and internal integration with supply chain performance. But it is found to have no moderating effect on the relationship between customer integration and supply chain performance.Practical implicationsRecognising the potential benefits of emerging cloud-based technologies reported in this study, retail managers need to understand that higher order SCI requires the support of cloud-based technology to improve supply chain performance and firm sustainability.Originality/valueThis research extends prior research of information and communication technologies-enabled SCI and its effect on supply chain performance which overly remains inconsistent. In addition, IS literature abounds with discussion on cloud computing technologyper se, and its adoption in supply chain is overly rhetoric. This study fills this gap by conceptualising the multiple dimensions of SCI enabled by cloud-based technology and the way it affects supply chain and firm sustainable performance. Investigating SCI in context of cloud-based technology is a unique contribution in this study. The moderating effect of top management in this decision also adds to the current body of literature.

scholarly journals Factors Affecting Micro and Small-Scale Industries Income: A Case Study on Coffee Processing Industry

2016 ◽  
Vol 32 (2) ◽  
pp. 138-148
Author(s):  
Lya Aklimawati ◽  
Djoko Soemarno ◽  
Surip Mawardi
Keyword(s):  
Rural Areas ◽  
Small Firms ◽  
Financial Incentive ◽  
Secondary Data ◽  
Labor Cost ◽  
Raw Material ◽  
Survey Method ◽  
Small Scale ◽  
Small Industries ◽  
Small Scale Industries

Development the competitive industries primarily small firms ought to be realized for improving economic growth of a community. Small industries have an important role especially on income equity improvement in rural areas. The objective of this study was to assess industry players motivation for developing their business in coffee processing and also to analyze factors which influence business income focused on micro and small-scale coffee industries in Bondowoso District. Survey method was used in this study for collecting primary and secondary data. A number of respondents were 25 coffee industry players who be determined by judgement sampling method. Data were analyzed by descriptive and statistic method. Multiple linear regression was used in the suspected factors that affect small industries income. The results indicated that the main motivation of industry players in initiating and developing coffee business was financial incentive. Consecutively, indicators that may explain industry player’s motivation were expectation, motive and incentive. Micro and small-scale industries income was affected by raw material, marketing reach, technology and business experience. Meanwhile, micro and small-scale industries income was not affected by labor cost and source of capital.

scholarly journals ANALISIS PENGENDALIAN PERSEDIAAN BAHAN BAKU PADA UD. MIE STEVEN KAROMBASAN KOTA MANADO

2017 ◽  
Vol 13 (3A) ◽  
pp. 251
Author(s):  
Megawati ., Sengkeunaung ◽  
Tommy F. Lolowang ◽  
Nordy F.L. Waney
Keyword(s):  
Inventory Control ◽  
Secondary Data ◽  
Raw Material ◽  
Economic Order Quantity ◽  
Economic Order ◽  
Primary Data ◽  
The Internet ◽  
Order Quantity ◽  
Inventory Cost ◽  
Total Cost

This research aims to analyze raw material inventory at UD. Mie Steven. This research was conducted for four months from January to April 2017. The data used in this research are primary and secondary data. Primary data obtained through interviews with the company, while secondary data obtained from data that has been compiled in the form of documents from the company, data from BPS, previous research or from the internet. The data is processed using EOQ (Economic Order Quantity) method. The result of the research is known that the policy of raw material inventory control is done by UD. Mie Steven is not efficient yet. This is shown by the company's inventory cost is bigger than the result of analysis using EOQ method is 6,693 Kg with total cost of economical inventory Rp.11.325.500.

scholarly journals Indigenous Culture and Western Christianity: An Assessment of Wimbum Experience with the Baptist Mission, 1927-2008

2021 ◽  
Vol 2 (1) ◽  
pp. 24-44
Author(s):  
Richard Tanto Talla
Keyword(s):  
Secondary Data ◽  
Cultural Transformation ◽  
The Other ◽  
Unique Contribution ◽  
Indigenous Culture ◽  
Education And Health ◽  
Cultural Life ◽  
Contemporary Practice

Purpose: The advent and spread of Baptist Mission Christianity in Mbumland from 1927 constituted one of the major determinants of cultural transformation in the area. The process was catalysed by the multifaceted nature of the Baptist Mission’s approach at Proselytization – evangelism, education and health. As a consequence, knowledge of Baptist Mission activities in Mbumland and beyond was commonplace.  Like most write-ups with ethnocentric slant, incipient literature on Christianity in Mbumland, emphasized the debilitating effects of the impinging culture on indigenous cultural life ways. Methodology: This article employs primary and authoritative secondary data to argue that the spread of the Baptist faith in Mbumland between 1927 and 2008 rather led to culture sharing as the contemporary practice of the faith exuded a blend of both cultures. Results: The study therefore demonstrates that while Mbumland was being Christianised, Christianity itself imbibed Wimbum values and adopted an indigenous complexion specially to suit the practical circumstances. Unique contribution to theory, practice and policy: The study positions itself within a peculiar academic niche which emphasizes that the advent of the Baptist Mission in Mbumland led to indigenous culture simultaneously affecting and being affected by Christian values. While extant works in this thematic specialisation have often either emphasized the effects of one of the variables on the other, the peculiarity of this work is its midway position which spotlights the sharing mechanisms wherein, indigenous culture affected and was being affected by Christian values since the advent of the Baptist Mission in Mbumland.      Keywords: Indigenous Culture, Western Christianity, Wimbum, Baptist Mission, Syncretism

scholarly journals POTENSI KULIT KOPI SEBAGAI BAHAN BAKU PUPUK KOMPOS DI PROPINSI BENGKULU

2016 ◽  
Vol 2 (2) ◽  
Author(s):  
Afrizon
Keyword(s):  
Rice Bran ◽  
Secondary Data ◽  
Raw Material ◽  
Skin Potential ◽  
Coffee Waste ◽  
Randomized Design ◽  
Leather Wastes ◽  
Completely Randomized Design ◽  
Leather Waste ◽  
Fruit Harvest

The experimen of Coffee For Skin Potential Raw Material Compost in Bengkulu Province was conducted from March to June 2010 in the laboratory greenhouse BPTP Bengkulu. The purpose of this study are 1) Testing coffee leather waste into compost in an effort to preserve the environment, 2) Determine the potential of waste as raw material for leather coffee fertilizer in Bengkulu Province. In the manufacture of compost using a completely randomized design (CRD) with 6 treatments and 3 replications. The treatments were: a) 70% waste + 20% KDP coffee cage + 10% rice bran + EM4 + sugar, b) 80% waste + 10% KDP coffee cage + 10% rice bran + EM4 + sugar, c) 80% waste coffee + 20% KDP cage + EM4 + sugar, d) 80% + 20% of coffee waste Manure + EM4, e) 80% waste + 10% KDP coffee cage + 10% rice bran, f) 80% waste + 20 copies % KDP cage. As for seeing the potential of coffee leather waste by gathering primary and secondary data related to commodities which includes the area planted with coffee and productivity in every district in Bengkulu province. The data collected is the percentage of skin waste of coffee per 100 g, area planted with coffee every district, the content of N, P, K and C organic. The research shows that compost with time for 4 weeks has given the maturity of fertilizer as indicated by the value of C / N between 9.75 to 15.99. The composition of 80% waste + 10% coffee hull Manure + 10% rice bran provides the best compost. Compost made from leather wastes contain nutrients coffee in accordance with ISO standards 19-7030-2004 about compost quality standards. Dried coffee fruit harvest yield 51.2% milled coffee leather waste with a potential of 30,222 tons / year. equivalent to 738.323 tons N / yr. This is identical to substitute with an equal amount of urea (46% N) of 339.628 tons / year. equivalent to 86.434 tons P205/th. This is identical to substitute with an equal value superphos (SP-36) amounted to 31.116 tons / yr, equivalent to 876.438 kg K2O/th or identical substitute KCl (60%) amounted to 525.862tons/year.  Keywords : coffee leather waste, compost, potential

scholarly journals Indicators for Monitoring Urban Climate Change Resilience and Adaptation

2019 ◽  
Vol 11 (10) ◽  
pp. 2931 ◽  
Author(s):  
Daniel Feldmeyer ◽  
Daniela Wilden ◽  
Christian Kind ◽  
Theresa Kaiser ◽  
Rüdiger Goldschmidt ◽  
...  
Keyword(s):  
Climate Change ◽  
Online Survey ◽  
Urban Climate ◽  
Secondary Data ◽  
Limited Attention ◽  
Climate Resilience ◽  
The Face ◽  
Resilience Indicators ◽  
Context Specific ◽  
Method Approach

In the face of accelerating climate change, urbanization and the need to adapt to these changes, the concept of resilience as an interdisciplinary and positive approach has gained increasing attention over the last decade. However, measuring resilience and monitoring adaptation efforts have received only limited attention from science and practice so far. Thus, this paper aims to provide an indicator set to measure urban climate resilience and monitor adaptation activities. In order to develop this indicator set, a four-step mixed method approach was implemented: (1) based on a literature review, relevant resilience indicators were selected, (2) researchers, consultants and city representatives were then invited to evaluate those indicators in an online survey before the remaining indicator candidates were validated in a workshop (3) and finally reviewed by sector experts (4). This thorough process resulted in 24 indicators distributed over 24 action fields based on secondary data. The participatory approach allowed the research team to take into account the complexity and interdisciplinarity nature of the topic, as well as place- and context-specific parameters. However, it also showed that in order to conduct a holistic assessment of urban climate resilience, a purely quantitative, indicator-based approach is not sufficient, and additional qualitative information is needed.

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