International Journal of Applied Economics, Finance and Accounting

Exploring the factors that influence continued use of sharing economic platforms: Insights from idle fish

Tue, 26 Mar 2024 00:00:00 +0000

This study centres on the Idle Fish platform, a prominent online marketplace for second-hand goods in China, and constructs a theoretical structure predicated on social cognitive theory and social capital theory. The quick expansion of the sharing economy has not merely catalysed economic transformation but has revolutionized consumption patterns. This research employed a survey methodology, utilizing a digital questionnaire disseminated via Credamo, which yielded 400 valid responses. The sample pool on this platform is of exceptional quality. Prior to accessing the questionnaire, the respondents must complete five perquisite prompts, which ensure their attentiveness. This procedure acts as a safeguard, ensuring the high calibre of the data collected. Employing the SmartPLS (structural equation model), the paper elucidates how self-efficacy and social trust, influenced by social referral, system quality, platform resources, community interaction, rights protection, and shared goals, drive users’ sustained willingness to utilize the sharing economy platform. The findings reveal that self-efficacy and social trust positively impact users’ willingness to persist in using the platform of the sharing economy. Furthermore, shared goals emerge as the most critical determinant of social trust. The paper accomplishes this by discussing the practical suggestions of the research findings for the platforms of the sharing economy.

Exploring entrepreneurial personality traits, motivation, and entrepreneurial success in the urban poor community

Tue, 26 Mar 2024 00:00:00 +0000

This paper studies the effect of entrepreneurial personality traits on the entrepreneurial success of entrepreneurs from underprivileged communities in Malaysia. The poor from the underprivileged community were encouraged to be self-employed as they are marginalized in terms of employability. In this study, a quantitative approach to the face-to-face survey was administered using a simple random sampling method among entrepreneurs from the urban poor community. A total of ninety-four usable questionnaires were then used for data analysis. A partial least square structural equation modeling technique was used to investigate the relationship between entrepreneurial personality traits and entrepreneurial success. The findings revealed that entrepreneurial personality traits positively affected entrepreneurial success, where entrepreneurial motivation prevailed as a vital mediator in the relationship. Interestingly, opportunity motivation positively impacted entrepreneurial success compared to necessity motivation. Based on these findings, entrepreneurial personality traits are important to ensure the success of any business venture. On top of it, the urban poor entrepreneurs are embarking on business because of opportunity, which would help them to be more resilient, innovative, and creative to create sustainable business ventures. This study contributes to the literature by growing understanding of entrepreneurship in different groups of society. The study offers insights into how relevant government agencies can develop suitable entrepreneurial training and assistance that support and encourage urban poor entrepreneurship for these entrepreneurs to remain sustainable and successful.

Evaluation of the contribution of the automated accounting information system to the managerial decision-making process in the commercial bank of Bangladesh

Wed, 27 Mar 2024 00:00:00 +0000

Accounting Information Systems (AIS) are becoming widespread among Bangladeshi banks. The purpose of this study is to assess how automated AIS affects Bangladeshi commercial banks. Purposeful sampling and a randomized block design were used to disseminate questionnaires to 400 respondents from Chattogram, Bangladesh, a commercial port city. Five-point Likert scale close-ended questions assess eight aspects of AIS usage and benefits: infrastructure, technological resources, understanding ability, operational comparability, relevance, reliability, decision-making, and organizational performance. Descriptive analysis, Kolmogorov–Smirnov test, Shapiro-Wilk test, factor analysis with Kaiser-Meyer-Olkin test, Cronbach's alpha, one-sample Wilcoxon Signed Rank Test, Kendall's tau-b Correlation Coefficient, Mann-Whitney test, Kruskal-WallisH test, and structural equation model were performed using MS Excel 2016, IBM SPSS Statistics 26, and IBM SPSS. The model was validated using convergent and discriminant validity tests. The study found that technological resources, operational comparability, relevance, and dependability influence AIS-based decision-making, while infrastructure and understandability do not. Private banks and AIS-trained personnel make more AIS-based decisions than public banks and non-AIS-trained workers. Regular and frequent decision-makers use AIS more than sporadic decision-makers. There is no effect of gender or job experience on AIS-based decision-making. Finally, AIS-based decision-making improved organizational performance. Therefore, the study results may assist Bangladeshi commercial banks in adopting AIS.

A study on customer satisfaction regarding mobile wallets with a focus on google pay and Paytm in the Tiruchirappalli district

Nithya A, Sheeba R, Vanitha S — Tue, 09 Apr 2024 00:00:00 +0000

This research focuses on the study of customer satisfaction regarding mobile wallets. The modern era witnessed an enormous increase in mobile payment transactions within the mobile phone industry. Mobile phones function similarly to minicomputers, and the usage of various efforts allows individuals to engage in a multitude of activities, including but not limited to communication with others, tracking personal health and dietary habits, as well as conducting financial transactions such as making payments and receiving funds. Furthermore, after the implementation of the 'Digital India' initiative, smartphone applications used for digital payments have experienced a surge in popularity. Despite the abundance of banking applications available, Google Pay and Paytm are often regarded as secure and user-friendly options. This study investigates the degree of satisfaction among users of Google Pay and Paytm. The researcher has obtained a sample size of 150 from the population of mobile wallet users in Tiruchirappalli District. The selection of these samples was based on a judgmental sampling technique. The data analysis conducted using ANOVA and Friedman's ANOVA revealed that the respondents expressed satisfaction with both Google Pay and Paytm. Additionally, the reasons for utilizing these programs were largely identical. Despite being compelled to use wallets in some circumstances, respondents nevertheless exhibit apprehension over their usage. Therefore, the government must implement financial literacy initiatives aimed at promoting the widespread use and adoption of mobile wallets.

The moderating effects of the industry competition level and industry diversification on the relationship between the transaction price of mergers and acquisitions and corporate value

Tue, 09 Apr 2024 00:00:00 +0000

This study delved into the moderating impact of industry diversification and competition intensity on the relationship between merger and acquisition transaction prices and enterprise value. Using panel data on corporate mergers and acquisitions in Jordan between 2017 and 2022, this study applied a fixed effect model and performed robust regression to test hypotheses. A total of 402 observations for 108 companies were included in the estimation, and year dummies were incorporated into the model to control for year-specific effects. The findings revealed that transaction prices had a significantly negative impact on the firm’s future value. However, this negative effect was mitigated in the opposite direction if the acquirer faced highly competitive intensity. Moreover, in the case of mergers and acquisitions between companies in different industries, this mitigating effect became even more pronounced. The study carries several theoretical implications. It quantitatively demonstrated that the effects of corporate mergers and acquisitions, particularly the effects of transaction prices, influence the corporation’s value. These effects are moderated by the corporation’s competitive environment and the characteristics of the merger and acquisition, including whether it involves companies in different industries. The research also has significant implications for practical corporate merger and acquisition applications. Practitioners should analyse synergies and fair values with target companies and comprehensively consider the competitive intensity of the company's markets that can be effectively accessed through mergers and acquisitions when anticipating the effects of mergers and acquisitions.

Research on the impact of top management team digitalization awareness of a firm's innovation output

Yafang Zhu, Huayu Shen, Hui Guo — Mon, 15 Apr 2024 00:00:00 +0000

This study, using panel-fixed effect and mediating effect models, examines the digitalization awareness of TMTs in Chinese listed companies from 2007 to 2021, analysing its impact on firms’ innovation output, substantive innovation, and strategic innovation. Our findings indicate that TMTs' digitalization awareness significantly boosts innovation output, particularly substantive innovation. But it does not have a significant positive impact on strategic innovation. This impact is achieved through increased research and development (R&D) investment and information transparency. Furthermore, we observe that the positive impact of digitalization awareness on innovation output and substantive innovation is more significant when a firm has a high asset-liability ratio and is state-owned. However, when the proportion of largest shareholder shares is relatively high, the positive impact of digitalization awareness on innovation output and substantive innovation is relatively muted. After several tests, such as endogenity treatment of instrumental variables, model replacement, and firm fixed effects, the research conclusions in this article are still valid. These conclusions offer valuable insights for firms seeking to enhance their innovation output and for further research on TMT digitalization awareness.

Determinants of tax revenue performance in South Africa for the period 1990-2018

Asiashu Given Mmbulaheni, Zvikomborero Nyamazunzu, Mbulaheni Albert Dagume — Thu, 18 Apr 2024 00:00:00 +0000

This study investigates the determinants of tax revenue performance in South Africa using time series data from 1990–2018. The study uses Augmented Dickey Fuller and the Kwiatkowski–Phillips–Schmidt–Shin (KPSS) tests to test stationarity in time series, while Johansen co-integration and error correction models identify long-run and short-run dynamics among variables. The results of the study revealed that Gross Domestic Product (GDP) per capita, foreign direct investment, and trade openness are statistically significant and positively related to tax revenue performance. Unemployment was found to be statistically significant but also negatively correlated with tax revenue performance, while inflation was found to be negative but not statistically significant. The research's diagnostic tests confirmed the validity of the study model, revealing no serial correlation, heteroscedasticity, and a stable and correctly specified model. This study assists policy makers in having a thorough understanding of the determinants of tax revenue performance, and as a result, policymakers may create tax laws that complement the nation's economic environment. Knowing which variables, like GDP per capita, foreign direct investment, and trade openness, have a favourable impact on tax collection allows for more focused policy interventions. Understanding the relationship between tax rates and revenue performance is helpful in determining the ideal tax rates. Based on empirical data, policymakers can modify tax rates to maximise revenue without inhibiting economic growth. The study recommends that the South African government should enhance GDP, encourage foreign direct investment, decrease unemployment, and promote trade openness to enhance tax revenue performance.

Understanding the mediating role of perceived risk in the relationship between price, product quality, and copra repurchase intention in North Maluku province

Nugrahini Susantinah Wisnujati, Suwandi S Sangadji, Tanti Handriana — Fri, 19 Apr 2024 00:00:00 +0000

This study aims to examine the relationship between perceived risk, price, and product quality as it pertains to the intention to repurchase copra in North Maluku Province. Coconut meat, commonly known as copra, is the raw material for making crude coconut oil. Apart from being a superior commodity and contributing greatly to the Gross Regional Domestic Product (GRDP) of North Maluku Province from the agricultural sector, this product has experienced a decline in purchases since 2022 until now. We used a quantitative method based on SEM analysis, with a sample size of 120 respondents. The primary data collection technique used was a questionnaire. While this study did find a significant relationship between product quality and perceived risk and between perceived risk and repurchase intention, it did not find a significant relationship between price and repurchase intention or product quality and repurchase intention directly. Concurrently, there is full mediation in the indirect influence of product quality on repurchase intention; that is, perceived risk is a key component of the relationship between product quality and repurchase intention. If buyers feel that there is a low risk associated with product quality, they will be more likely to consider repeat purchases. Perceived risk can include financial, operational, and reputational risks associated with poor-quality products.