Frontiers in Management and Business 2022-09-23T20:41:48+08:00 Snowy Wang Open Journal Systems <p><a title="Registered Journal" href="" target="_blank" rel="noopener"><img class="journalreviewercredits" src="/journal/public/site/images/jasongong/Logo_ReviewerCredits-journal.jpg" alt="ReviewerCredits" align="right"></a><strong>Frontiers in Management and Business</strong> (FMB) (ISSN: 2717-5340) is an open access, continuously published, international, refereed&nbsp; journal&nbsp; on the science of business management which publishes reviews, original research, case studies, etc. The objective of the journal is to provide insights into business and management issues through the publication of high quality research from around the world.</p> <p>Topics of interest include, but are not limited to the following: <br>• Business management and accounting <br>• Leadership <br>• Performance management, appraisal and feedback <br>• Organizational change, development and effectiveness <br>• Economic growth and development <br>• Economics of organizations and industries <br>• Finance and investment <br>• Marketing <br>• Management of technology and innovation <br>• Public administration <br>• Econometrics and finance <br>• etc.</p> Innovation input incentive policy and financialisation of entity enterprises: Evidence from the policy of additional deduction for R&D expenses 2022-09-23T20:41:48+08:00 Hui Sun Youyu Long Yuanhai Fu Xiaozhun Peng <p>In the structure of business investment, the tendency of entity enterprises to financialise profoundly affects their incentive to invest in innovation. The question of whether and how innovation investment incentive policies can facilitate firms to adjust their investment capital structure more in favour of R&amp;D innovation deserves attention. This paper empirically examines the impact and mechanism of innovation investment incentive policies on the investment structure of enterprises based on micro-operating data of listed A-share enterprises from 2009 to 2020, taking the R&amp;D expense-plus deduction policy as an example. The study finds that: firstly, the R&amp;D expense-plus-deduction policy significantly promotes firms' investment structure demand for engaging in R&amp;D investment; secondly, its main mechanism comes from the reduced financialisation of entity enterprises, which further increases R&amp;D investment under the incentive of strengthening firms' market capitalisation management capital and the level of risk-taking of firms; thirdly, the policy effect is subject to the effects of firm size, gearing, return on total assets, the nature of firm ownership, management shareholding shares, and firm age. The findings suggest that the innovation investment incentive policy promotes a more biased investment structure of firms towards R&amp;D innovation and achieves the desired objectives of the policy.</p> 2022-09-23T18:24:13+08:00 ##submission.copyrightStatement## Pitfalls on strategy execution of an organization: A literature review 2022-07-25T17:03:40+08:00 Belay Getachew Girma <p>The purpose of this study is to explore the pitfalls on strategy execution of an organization as organizations often unable to meet objectives and most likely fails, and this is normally attributed due to the inefficiency on the strategy implementation process. To address this gap, the research employed a deductive approach with exploratory research design by focusing on qualitative data as a systematic review of theoretical and empirical studies are more vital for this type of research. The study focused on a systematic literature review (SLR) of 22 peer-reviewed theoretical and empirical studies. By using a review and generalization of the existing approaches followed by synthesizing with relevant model portrayed organizations seriously faced a challenge on implementation phase and the inability to properly address the pitfalls on strategy execution process costs a lot especially to senior and top executives as they are primarily responsible for the successful execution of an organization strategy. Hence, organizations shall establish a clear evaluation system and sense of ownership for successful implementation of a strategy. As a future direction the paper also identified that a more in-depth and field work research in an organizations are vital in order to examine and address the challenges on the implementation phase.&nbsp;</p> 2022-07-25T17:03:39+08:00 ##submission.copyrightStatement## Investigating and estimating the size of Shadow Economy by using monetary approach: Case study of Malaysia 2022-07-12T12:26:14+08:00 Yousaf Ali Khan <p>The purpose of this study is to explore and estimate the size of Shadow Economy of Malaysia. This study used annual Time series data from 1980 to 2018, introduced Lending Interest Rate as additional variable for the first time to estimate the Shadow or dim Economy, and focused on the Currency Demand Approach (CDA) which is the best way of estimation the size of S.E. The results of ARDL, Unit Root Test (ADF) and Bound Test have also generated for the purpose. And this study investigated positive relationship between Currency Circulation to Money Supply Ratio and GDP, Inflation, Interest rate, and Total Tax Revenue through ARDL and estimated the required Shadow Economy, and also explored the Shadow Economy of Malaysia and estimated the size of S.E. Size of tax evasion community has also derived by present research which represent that taxes are not the only measures of Shadow Economy.</p> 2022-07-12T12:26:13+08:00 ##submission.copyrightStatement## Ensuring risk-free e-banking services in Russian-economy: Policy guidance 2022-06-21T15:15:05+08:00 Akim M. Rahman Saadi Islam <p>In today’s e-banking, customers compete for comparative time-saving-options. Banks compete for maximizing profits. But many factors are unpredictable. These are perceived risks factors (PR) that undermines growth trends of e-banking in economy country-wise such as Russia. Bank-deposits, bank-accounts are covered by Deposit Insurance System (DIS) in Russian-economy. However, PR-factors are not covered. It causes abuses. Addressing the <em>dilemma</em>, application of Akim’s model – <em>Voluntary Insurance</em> (VI) as a product can be instrumental attracting more individuals using e-banking. Welfare Analyses are used as guidance for ensuring efficiency-cost or competitive pricing of the VI so that it becomes appealing to both customers and Banks. When bank is an insurance-provider, under asymmetric-information, existence of adverse-selection-group is detected where estimated welfare-cost associated with inefficient pricing created by adverse-selection is small. However, advantageous-selection-group in market results opposite. The findings can be helpful in policy-design ensuring risk-free digital-banking, which can attract policy-practitioners in Russia. Using customers-opinions can facilitate empirical studies. &nbsp;</p> 2022-06-21T15:13:26+08:00 ##submission.copyrightStatement## Venture capital, enterprise performance and accounting information quality - GEM listed companies of China 2022-06-16T22:05:18+08:00 Javed Pervaiz Bob Qu Junaid Masih <p>Aim of this study’s using the GEM listed companies’ data from 2015 to 2019, finding the relationship between venture capital, accounting information quality, and corporate performance. Through empirical analysis found that venture capital participation has a significant role in promoting corporate performance. Results show that higher accounting information quality has a significant role in promoting corporate performance. The characteristics of venture capital have a significant role in regulating the relationship between accounting information quality and corporate performance.</p> 2022-06-16T16:50:20+08:00 ##submission.copyrightStatement## Structural equation model of entrepreneurship in downtown Mexico during the COVID-19 era 2022-06-01T16:09:36+08:00 Enrique Martinez Muñoz Arturo Sanchez Sanchez Francisco Espinoza Morales Cruz García Lirios <p>Entrepreneurship is a construct that has been measured from two main dimensions: resource optimization and process innovation. The objective of this work is to corroborate the dual structure of entrepreneurship. An exploratory, transversal and psychometric work was carried out with a selection of sources indexed to national repositories. The findings were selected considering the period from the pandemic from December 2019 to April 2022, as well as the keywords of entrepreneurship, innovation and optimization. A factorial structure of two components was found that explained the highest percentage of variance. In relation to the state of the art, it is recommended to include the dimension of opportunism to increase the explained variance and adjust the model to the most recent studies that report a third dimension related to the opportunities of the health and economic crisis.</p> 2022-06-01T14:48:45+08:00 ##submission.copyrightStatement## External factors and economic growth in Tunisia: ARDL approach with structural change analysis 2022-03-14T15:41:12+08:00 Saif Eddine Ayouni Ramzi Farhani Mekki Hamdaoui <p>This paper examined the effect of external factors on economic growth in Tunisia. The economic analysis was carried out using recent quantitative technique of annual time series data from 1976 to 2017. Based on co-integration test with unknown structural breaks and ARDL bound testing we investigated importance of each factor in stimulating economic growth. Our results show that in the long-run FDI does not affect economic growth. Remittances and imports negatively affect economic growth. Exports promote economic growth such that a 1% increase stimulates economic activity by 0.702%. In the short term, our estimates emphasize a structural break in 1988 linked to the structural adjustment program. Likewise, FDI does not have a significant effect on economic growth while remittances and imports slow economic growth significantly at the conventional level. On the other hand, exports form a relevant engine of economic growth. Therefore, our conclusions imply that political decision-makers in Tunisia must guarantee certain level of training and infrastructure to ensure the gain of transfers of new technologies and experiences related to the FDI. Thus, Tunisia must encourage peoples living aboard to create new investment opportunities instead of just supporting their families for consumption. In addition, the state must develop financial system capable of transferring funds for investment in order to better benefit from remittances. Finally, the government must restrict import of consumer goods and allow import of equipment and machinery goods that promote production and economic growth.</p> 2022-03-14T15:26:46+08:00 ##submission.copyrightStatement## Theory of capital structure decision: Overview of the banking industry 2022-02-28T15:52:22+08:00 Peter Yao Lartey Santosh Rupa Jaladi Stephen Owusu Afriyie <p>The relevance of capital structure decision in the banking sector is documented in this paper. It contributes to existing literature in a review of previous empirical studies and fundamental theories of capital structure. The study underscored the factors influencing the choice of funding in connection with the market timing theories such as Pecking Order theory and the trade -of - theory. Our investigation suggest that, the choice of capital vary across sectors and industries on the basis of business risks, corporate governance, profitability, internal controls, and efficiency. The study observed that most empirical researchers universally endorsed asset structure, industry volatility, corporate taxes and firm growth as strong determinants of capital structure. The above issues may either improve the solvency position of a form or trigger major financial distress depending on the source of capital.</p> 2022-02-28T15:52:22+08:00 ##submission.copyrightStatement## Principles of public internal controls: A mediation role of information and communication 2022-02-11T14:08:53+08:00 Peter Yao Lartey Santosh Rupa Jaladi Stephen Owusu Afriyie Isaac Gumah Akolgo <p>While empirical research has demonstrated the critical nature of internal controls, there is insufficient evidence to indicate that they are effective at detecting and preventing irregularities in the public sector. By analyzing the direct and indirect relationships between internal control components, this study focuses on the quality of internal control in Ghana's public sector. In order to determine whether ongoing controls are consistent with sound public policy, a survey was designed and distributed to public sector employees and managers. According to the evidence, public administrators require high-quality information and communication tools to supplement their existing control systems. Additionally, internal controls are significantly influenced by risk assessment and the control environment, whereas monitoring and control activities have a limited impact. Effective internal communication is necessary for the coordination and implementation of control policies.</p> 2022-02-11T14:06:21+08:00 ##submission.copyrightStatement## Corporate social responsibility factors, environment and corporate sustainability: Specific overview of India and China 2022-01-04T10:09:19+08:00 Peter Yao Lartey Junguo Shi Santosh Rupa Jaladi Stephen Owusu Afriyie <p>Corporate social responsibility represents the relationship between business and society. The significant benefits of being socially and environmentally responsible are the focus of this paper. This review emphasized the business oriented notion of Corporate Social Responsibility, where the idea is captured to justify existing arguments supportive of community and environmental programs. The review attempted to clarify major research questions: (1) why do businesses engage in society initiatives; (2) what inspires the decisions to support the society – a specific comparison highlighted between China and India. The study featured various CSR and sustainability regulations currently in force in different countries. In order to achieve the aim of the study, the review begun with overview of CSR based on well-established definitions and subsequently discussed the two major perspectives; the free market theory and CSR theory. This gave a clears explanation of why some businesses invest their resources to benefit the society while others are profit seeking. Finally, the paper sought to establish the integration of CSR with corporate sustainability. The findings suggest that, contemporary CSR programs are largely influenced by regulations and legal provisions across the world. And ideally, a firm’s CSR performance is influenced by internal and external factors which are captured in stakeholder theory and institutional theory. The findings, validate the ascension that the integration of CSR with corporate sustainability (CS) could produce a coherent platform to advance environmental sustainability.</p> 2021-12-25T16:47:54+08:00 ##submission.copyrightStatement##