IOSR-JEF   Volume-11 ~ Issue-1 ~ Jan – Feb 2020

Abstract: Over the past one decade, Sub-Saharan African countries have recorded substantial growth in their GDP to the extent that six of the ten fastest growing economies in the world are in Sub-Saharan Africa based on 2017 World Bank report. However, this seems to have benefited only the rich in this region because the gains from the GDP growth has failed to trickle down to the poor as revealed by the low human development index in the region over the years. Financial inclusion has the potential to make economic growth inclusive. Therefore, this study examined the relationship between financial inclusion and human development in sub-Saharan Africa (SSA). The study covers 41 countries in sub-Saharan Africa, using panel data spanning from 2004 to 2016. Annual data on all the variables were sourced from World Bank, World Development Indicators and United Nations Development program database......

Abstract: Background: International trade becomes the basic activity in which a country establishes economic relations with other countries. The fact stated that exports and imports a major part of the balance of payments in a country, so the existence of a long-term relationship between exports and imports desired by the countries and become the subject of intensive research in developed and developing countries. This study aims to determine the long-term effects of exports and imports on economic growth in Indonesia. Materials and Methods: This research consists of secondary data in the form of time series data, starting from the period 1967-2018 (51 years). The method used is the cointegration method and the Error Correction Model (ECM) approach......

Key Word: Ekspor, Impor, PDB, Cointegration, Error Correction Model

Abstract: The purpose of this study was to examine the effect of intellectual capital (measured by VAICTM-Pulic (1998)) and Good Corporate Governance (proxied by institutional ownership, independent board of directors, and board of directors) on company performance (proxied by Return on Assets (ROA)) on automotive companies and components on the Indonesia Stock Exchange. The research methodology with the positivism paradigm uses secondary data, namely the financial statements of all automotive companies and their components listed on the Indonesia Stock Exchange (IDX) for the 2014-2018 period. The results of the study prove that the variable Intellectual capital, constitutional ownership, and independent board of commissioners affect the company's performance (Return On Assets), while the variable board of directors has no effect on company performance. Research limitations: researchers......

Keywords: Intellectual capital, institutional ownership, independent board of directors, and board ofdirectors, Financial Performance.

Abstract: Mergers and acquisition have emerged over time as focus keeps on changing from time to time to match with the market needs. However, it is not clear whether this corporate acquisitions create value or not, and if so, how the value shared among the parties involved. It is on this basis that the study analyzed the effect of mergers and acquisition on shareholders wealth of listed firms in Nairobi Securities Exchange in Kenya to determining its effect on shareholder's wealth. The study examined changes in price, firms' characteristics, market variables and industry variables of these listed firms on how they influence shareholders' wealth, because these changes represent market participants, beliefs about the value created by the merger and how this value will be divided between the target......

Key Words: Mergers, Acquisition, Positioning, Market access, Gap filling and Nairobi Securities Exchange and Shareholders wealth.

Abstract: The Indian Premier League, which is India's biggest league, is also one of the world's twenty richest leagues in other sports. Many studies have attempted to find out the economic side of sports clubs in across the world. In this study, the researchers have made an attempt to trace the nexus between sporting performance in terms of team winning status, rank of teams in editions and stadium capacity whereas the nine financial parameters have identified for financial performance of teams. The study has considered three franchises viz., Royal Challengers Bengaluru, Mumbai Indians and Delhi Daredevils out of eight franchises due to availability of data. The data has extracted from the annual reports of the franchises. The period considered for this study is five years i.e, from 2013-18. Descriptive statistics and Pearson's correlation co-efficient have applied for the data. It is found from the analysis that sporting success and turnover increase and stadium capacity and liquidity has statistically significant relationship among the other variables.

Key words : Sporting Performance, Financial Performance, Correlation, Leagues

Abstract: This study aimed to find empirical evidence of the role of management in the successful implementation of computer-based accounting information systems. The population of this research is all cooperatives that use a computer-based accounting information system in Semarang City of 460. The sample used is 215 cooperatives determined based on the Slovin formula. Sampling is done by simple random sampling. The analytical tool used to test hypotheses is multiple regression and path analysis. Hypothesis test results prove that the role of management, user participation, user training, and user ability partially has a significant positive effect on the successful implementation of a computer-based accounting information system. The results also prove that user training effectively mediates the role of management in determining the successful implementation of a computer-based accounting information system.

Keywords: Management Role; User Participation, User Training, Successful Implementation of Accounting Information Systems.

Abstract: Investing in stocks is beyond picking well performing stocks; it is more on how to decide which asset to acquire, hold or sell and when to do so. Investors tends not to be logical when making decisions; they respond to numerous psychological biorhythms, which is related to overconfidence, fear, excitement, experience and others. These psychological biases distort investors decisions, alters investment goal and cause market volatility. Behavioral finance field developed this hypothetical theory in response to this argument which could not be clarified by traditional finance theory. It is on this note that the need to investigate these biases arose. The paper generated its data through 26 dispatched items on the questionnaire then employed reliability test and correlation analysis as estimation technique on a sample of 121 respondents in Lagos Nigeria. The results revealed that individual investor decisions were significantly correlated to representative bias, cognitive bias and herd instinct bias. The.....

Keywords: Herd Intuitive,Investors, Behavioral finance, Cognitive factor.

Abstract: Banking management control appears to be a changing function, in line with the important changes, both strategic and organisational, that have taken place in this sector. Over the past decade, the banking landscape has been steadily rescinding under the combined effects of changes in the overall management of groups associated with a more competitive environmenthighly regulated; introduction of new information and communication technologies; involving the introduction of new services; the emergence of new players and diversification in terms of offer of the product. Moreover further to financial scandals, in crisises and in failures which shook the banking world these last years, regulation imposed a strengthening of plans of control internal of the establishments. The development of these implements is an answer to......

Abstract: The global economic reforms bought about a remarkable change in the banking sector in India. Banks drive in a highly liberalized, globalised, privatized and a competitive environment. Indian banking industry has witnessed a tremendous development due to sweeping changes that are traditional banking taking place to branchless banking or E-banking. Which services provide through the electronic medium called E-banking. E-banking is creating lot of changes in the banking industry. This paper attempts to evaluate the awareness and use of e banking by working women in Bhilwara district. The working women plays major role in the total customers of bank. The present study evaluates the efficiency, responsiveness, reliability and convenience of using e banking services. For the purpose of the study, required primary data have been collected from questionnaire. along with secondary data. A standard methodology has been adopted and various statistical tools have been used to extract the output.

Key words: E-Banking, Online banking services, globalised, highly liberalized reliability