https://www.syncsci.com/journal/FMB/issue/feed Frontiers in Management and Business 2022-03-14T15:41:12+08:00 Snowy Wang snowy.wang@syncsci.com Open Journal Systems <p><a title="Registered Journal" href="https://www.reviewercredits.com/user/front-manage-bus" target="_blank" rel="noopener"><img src="/journal/public/site/images/jasongong/Logo_ReviewerCredits-journal.jpg" alt="" width="17%" align="right"></a><strong>Frontiers in Management and Business</strong>&nbsp;<strong>(FMB)</strong>&nbsp;<strong>(ISSN: 2717-5340)</strong> 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>The columns of the journal include, but not limited to: <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> https://www.syncsci.com/journal/FMB/article/view/FMB.2022.01.004 External factors and economic growth in Tunisia: ARDL approach with structural change analysis 2022-03-14T15:41:12+08:00 Saif Eddine Ayouni saifayouni2000@yahoo.fr Ramzi Farhani ramzi.farhani@gmail.com Mekki Hamdaoui mekkihamdaoui@yahoo.fr <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## https://www.syncsci.com/journal/FMB/article/view/FMB.2022.01.003 Theory of capital structure decision: Overview of the banking industry 2022-02-28T15:52:22+08:00 Peter Yao Lartey efopeter@yahoo.com Santosh Rupa Jaladi editor@syncsci.com Stephen Owusu Afriyie editor@syncsci.com <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## https://www.syncsci.com/journal/FMB/article/view/FMB.2022.01.002 Principles of public internal controls: A mediation role of information and communication 2022-02-11T14:08:53+08:00 Peter Yao Lartey efopeter@yahoo.com Santosh Rupa Jaladi editor@syncsci.com Stephen Owusu Afriyie editor@syncsci.com Isaac Gumah Akolgo editor@syncsci.com <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## https://www.syncsci.com/journal/FMB/article/view/FMB.2022.01.001 Corporate social responsibility factors, environment and corporate sustainability: Specific overview of India and China 2022-01-04T10:09:19+08:00 Peter Yao Lartey efopeter@yahoo.com Junguo Shi jshi@ujs.edu.cn Santosh Rupa Jaladi rupa.jaladi@gmail.com Stephen Owusu Afriyie owusuafriyie1@yahoo.com <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## https://www.syncsci.com/journal/FMB/article/view/FMB.2021.01.006 On classic and modern ethical issues in business and management academic research 2021-11-16T11:56:01+08:00 Wei Hong popllkk45@yahoo.co.uk Hong Mei Yu editor@syncsci.com <p>Ethical issues are critical to researchers, and this has been a hot topic in decades. Many classic ethical issues, such as plagiarism and fabrication, are repetitively discussed, but some contemporary ethical issues are still problematic and overlooked for researchers, especially those young scholars. The purpose of this paper is to analyse and discuss ethical issues around contemporary business and management academic studies. This paper found that first, scholars are internally and externally pushed to produce rigorous theory development papers, neglecting the relevance of practice. Second, researchers devoted themselves in improving their academy degree or meeting requirements from their employers instead of dealing with practical problems and their interests in research. Third, some 'self-plagiarism' behaviours, such as segmented publication, are arguable in the academy study, which leads to a waste of publication, but it is hard to discern and needs to be tackled.</p> 2021-11-16T11:48:10+08:00 ##submission.copyrightStatement## https://www.syncsci.com/journal/FMB/article/view/FMB.2021.01.005 The motive behind the demand for cryptocurrencies: Theoretical and empirical analysis of the Bitcoin 2021-10-28T15:24:45+08:00 Mengshi Zhang editor@syncsci.com Daniel L. Jia daniellukuijia@126.com <p>The blockchain technology and cryptocurrency are now in the centre of the financial market. The raise of the cryptocurrencies represented by Bitcoin have attracted a large group of scholars to analyze the underlying dynamics of their price fluctuations. Intensive debate emerged on the intrinsic features of Bitcoin. In theoretical analysis, we developed the principle of monetary convention to define the concept of monetary consensus, capturing the nature of monetary system, and categorize it into three types: traditional, algorithm and hybrid. Based on the Wavelet Coherence Analysis, we try to analyze Bitcoin price dynamics in both time and frequency domains, comparing Bitcoin with financial assets, economic and financial indexes, and other cryptocurrencies.</p> 2021-10-28T15:24:45+08:00 ##submission.copyrightStatement## https://www.syncsci.com/journal/FMB/article/view/FMB.2021.01.004 Accounting reform of higher education: A social and managerial analysis in the era of digital intelligence 2021-05-18T15:21:41+08:00 Yanni Zhang yannizhangeliz@outlook.com Qamar Farooq f4farooq@gmail.com <p>The purpose of this paper is to discuss the accounting reform of higher education in China with a socio-managerial analysis in the digital intelligence era. It will enable students to actively adapt to the development need of the market economy. This article uses an exploratory research method and analyzes the challenges faced by Higher Education in the era of digital intelligence from the three dimensions of corporate profit model, webcast rewards, and changes in the environment. With the development of digital intelligence, new industrial formats and business models are constantly emerging. Digital transformation has brought severe challenges to accounting theory and practice. Now green finance is emerging with the concept of sustainable development. Based on this analysis, the article proposes a training framework for accounting and management talents in the era of digital intelligence.</p> 2021-05-18T15:21:41+08:00 ##submission.copyrightStatement## https://www.syncsci.com/journal/FMB/article/view/FMB.2021.01.003 Impact of overall equipment effectiveness on return on investment in the Nigerian cement manufacturing industry 2021-04-27T12:02:47+08:00 Ebomah Ernest Monday ernestem1234@gmail.com UGBOMHE O. Ugbomhe ugbomhe2017@gmail.com <p>The formidable challenge of maintenance of heavy duty equipment for the day-to-day manufacturing activities informed this research investigation. The study examined the impact of overall equipment effectiveness on return on investment in the Nigerian cement manufacturing industry. It focused on the key indicators of overall equipment effectiveness and their impact on return on investment. Ex-post facto research design was adopted in conducting the empirical investigation. The firms in the industry quoted in the Nigeria Stock Exchange (NSE) were studied. Longitudinal data of 15 years observation (2005-2019) were obtained and analyzed with ordinary least squares regression (system-OLS). The key indicators of overall equipment effectiveness subjected to empirical test proved positively significant to return on investment at the Coefficient values a<sub>1</sub>, a<sub>2</sub> &amp; a<sub>3</sub> &gt; 0; Prob.-values a<sub>1</sub>, a<sub>2</sub>, &amp; a<sub>3</sub> &lt; 0.05 and t-Statistic values a<sub>1</sub>, a<sub>2</sub>, &amp; a<sub>3 </sub>absolutely ≥ 2. These analysis results suggested that machine availability rate (MAR), machine production rate (MPR), product quality rate (PQR) variables of overall equipment effectiveness have significant linear effect on ROI. Based on these results, the study therefore recommends among others for top management’s support and commitment to proactive and continuous improvement production facilities maintenance for improved overall equipment effectiveness and sustainable corporate performance of firms in the industry.</p> 2021-04-27T12:02:46+08:00 ##submission.copyrightStatement## https://www.syncsci.com/journal/FMB/article/view/520 Managerial capabilities and firms' sustainable performance: Evidence from Chinese manufacturing small and medium-sized enterprises 2021-03-05T10:18:14+08:00 Seare Asfaha Sebhatu seare_01@yahoo.com <p>This research seeks to address small and medium-sized enterprises (SMEs)’ performance problems by linking dynamic managerial capabilities to firm performance. In today’s dynamic market environment, it is vitally important for managers/owners of SMEs to possess dynamic capabilities. This study limited its focus to three managerial capabilities namely networking, sensing, and innovation with the moderating role of market dynamism. The data collection process and analysis provided findings that revealed that Chinese SME managers/owners effectively employ managerial capabilities in managing their firms. The hypotheses tests resulted in significant positive relationship between the main variables and performance. The moderating variable, however, had a significant effect only on moderating the relationship between sensing capabilities and performance. The findings from this study suggest that SMEs need to improve their knowledge and application of managerial capabilities in transforming their business performance thereby contributing to the national economy. This study contributes to the dynamic capabilities’ literature by adding to the existing research on the subject. It also provides an understanding of how dynamic capabilities are deployed to build up a solid and sustainable firm performance that resists the waves of market upheavals and it is expected to greatly benefit theory, policy and practice.</p> 2021-03-04T13:41:51+08:00 ##submission.copyrightStatement## https://www.syncsci.com/journal/FMB/article/view/493 Drivers of export upgrading: Evidence from panel data for upper-middle and high income groups, low and lower-middle income groups 2021-10-02T09:46:20+08:00 Naima Chrid nchrid@yahoo.fr <p>The objective of this study is to contribute with empirical evidence to the understanding of the determinants of export upgrading measured through two alternative indicators (export complexity level and degree of export diversification) using a cross-country panel dataset over the 1999–2013 period. For this purpose, a panel cointegration framework and two homogenous subpanels have been considered based on the income level of the sample countries (upper-middle and high income groups, low and lower-middle income groups). Based on the Dynamic OLS (DOLS) and Fully Modified OLS (FMOLS) technique, the results indicate that export upgrading of countries is enhanced by GDP per capita , knowledge creation ( this variable is differentiated into internal knowledge( i.e humain capital and research &amp; development) and external knowledge (i.e Foreign Direct Investment and imports) and Institutional quality. The effects of these determinants vary between low, lower-middle income, upper-middle and high income country.</p> 2021-01-13T00:00:00+08:00 ##submission.copyrightStatement##