International Journal of Academic Research in Accounting, Finance and Management Sciences

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Volume 7, Issue 2 (April, 2017)

Income Smoothing Behavior at the Times of Political Crises
Author(s): Ahmad N. OBAIDAT      Pages: [1-13]
Abstract

This study aimed to investigate the effect of political crises on income smoothing behavior in non-financial firms listed on Amman Stock Exchange (ASE) during the period 2006-2015. Chi-Square, Correlation and Logistic Regression tests indicated that income smoothing practice exists, and is more likely in the periods of political crises. Results also indicated no effects of the firm size, return on assets (ROA) and financial leverage on income smoothing behavior, but it could not reveal an ultimate result concerning the effect of the firm sector

Keywords

Political crises, income smoothing, non-financial firms, ASE

Full Text :PDF DOI: 10.6007/IJARAFMS/v7-i2/2752
Abstract

E-learning environments are university’s infrastructural features that are increasingly important. With e-Learning, teachers could impart knowledge in many ways while improving interaction with the students. Also, interactions among students could be improved. This study aimed at identifying factors that can explain the usage of e-learning environments by higher education students. A total of 201 questionnaires were answered by 201 students enrolled in Al-Madinah International University in Malaysia. The results point to use behavior of using e-learning as the factor that directly influenced behavioral intention to use e-learning the most. This factor also imparted the greatest indirect impact on behavioral intention use E- learning. Simply put, student’s usage of e-learning environments is explainable to a great extent via their perceptions of the added value of these environments, which to a high degree is impacted by their belief about web-based activities and computer-assisted learning.

Keywords

E-learning, Cultural, Unified Theory of Acceptance and Use of Technology (UTAUT)

Full Text :PDF DOI: 10.6007/IJARAFMS/v7-i2/2785
Abstract

In the electric industry, electricity loads forecasting has become more and more important, because electricity demand quantity is a major determinant factor in electricity supply strategy. Furthermore, accurate regional electricity loads forecasting is one of the principal factors for the electric industry to improve the energy management performance. Recently, statistical methods and artificial intelligence have been developed for electricity loads forecasting. However, there are two drawbacks in the past electricity loads forecasting models: (1) conventional statistical methods, such as regression models are unable to deal with the nonlinear relationships well, because electricity loads forecasting are known to be the nonlinear relationships; and (2) artificial intelligence technologies (i.e., support vector machines (SVM) and convention artificial neural networks (ANNs)) do not take into account time series causality for regional electricity loads forecasting. Based on these reasons above, this study proposes a new electricity loads forecasting model, which incorporates one step-ahead concept into recurrent neural network (RNN) to build a hybrid RNN model. The time series method considered from RNN model, which can be fitted to time series electricity loads datasets, and the neural network in hybrid RNN model can deal with the nonlinear relationships. For evaluating electricity loads forecasting performance, six different electricity loads forecasting models (RSVMG, ANN, Regression, HEFST, ANFIS and AR(2)) are used as comparison models. The research results indicate that the proposed electricity loads forecasting model is superior to the listing comparison models in terms of mean absolute percentage errors (MAPE).

Keywords

Electricity loads, artificial neural networks, recurrent neural network, mean absolute percentage errors, nne step-ahead

Full Text :PDF DOI: 10.6007/IJARAFMS/v7-i2/2786
Comparative Analysis of Computerized Accounting System and Manual Accounting System of Quoted Microfinance Banks (MFBs) in Nigeria
Author(s): Amahalu Nestor NDUBUISI, Abiahu Mary-Fidelis CHIDOZIEM, Obi Juliet CHINYERE      Pages: [30-43]
Abstract

This study assesses the comparative analysis of computerized accounting system and manual accounting system of quoted Microfinance Banks in Nigeria from 2006-2015. Three hypotheses were formulated in line with objectives of the study. Ex-post facto research design was adopted and the data for the study were obtained from fact books, annual reports and account of the quoted Microfinance banks under study. Paired sample T- test was used to test the Hypotheses, at 5% significant level with aid of SPSS version 22 statistical software. Findings showed that computerized accounting system has a positive effect on the reported profitability of banks more than manual system of accounting. Based on these findings, the study recommends among others that Microfinance banks should implement computerized accounting system than the manual accounting system because it has more positive effect on the profitability level of the banks.

Keywords

Computerized Accounting System, Manual Accounting System, profitability

Full Text :PDF DOI: 10.6007/IJARAFMS/v7-i2/2787
Abstract

The establishment and the sustenance of SMEs in Ghana is a perennial problem. The owners and managers of the sector believe that they face difficulty in operating in the period of slow economic growth. Despite a whole range of measures introduced over the years from 1993 to date in order to control the interest rate fluctuations by governments for accelerated growth, the country had rather recorded the opposite. This paper investigates the impacts of interest rate fluctuations on the growth of Small and Medium Enterprises in Accra. Lack of government’s vision for SMEs sector, limited access to finance, trade liberalization, high collateral demand by banks are some of the challenges facing SMEs. The data used was a balanced data of six SMEs randomly selected. The primary and secondary data were analysed using SPSS and Microfit software respectively, and ARDL technique was also employed, with the application of tables in percentage. The study began with a unit root test. The ARDL technique of co-integration and F-Statistic compared to the critical values indicating a co-integration relationship between EBIT and interest rate and other variables. The results indicate that there is interdependence between the SMEs profitability and interest rate, bank loans and the size of business. The paper recommends the re-introduction of minimum credit allocation by banks, clear-cut policy for the sector and many more.

Keywords

Interest rate, SMEs, EBIT, credit, capital structure, collateral security

Full Text :PDF DOI: 10.6007/IJARAFMS/v7-i2/2788
Impact of Motivation on Job Performance of Nursing Staff in Private Hospitals in Jordan
Author(s): Sulieman Ibraheem Shelash AL-HAWARY, Nidaa Abed El-FATTAH BANAT      Pages: [54-63]
Abstract

This study aimed to analyze the impact of motivation on job performance of nursing staff at private hospitals in Amman. The population of the study consisted of nurses working at private hospitals in Amman counted (32) Hospitals. 353 questionnaires have been distributed to the sample of the study, 293 valid for statistical analysis The results of the study showed that there is a statistically significant effect of the material and non-material motivations on the job performance of the nurses working at private hospitals in Amman. The researchers suggested a number of recommendations including: the development of monetary incentives for nurses in private hospitals in order to improve their performance, interest in developing an effective system for evaluating the performance of employees, and the need to contribute with private hospitals in Jordan to promote a sense of stability during the career of employment for long.

Keywords

Motivation, job performance, private hospitals, Amman, Jordan

Full Text :PDF DOI: 10.6007/IJARAFMS/v7-i2/2824
Abstract

To have a successful enterprise resource planning (ERP) system within the organization, managers and experts of the organizations should study these systems carefully and consider advantages and disadvantages of each software product and select the product that is the most appropriate product for the status of the organization. The main purpose of this study is to choose the best ERP system for a large publication company and assessment of weighted load and the impact of each effective factor on this system. In this study, Kolmogorov-Smirnov Test is firstly used to test normality of data and Wilcoxon signed-rank test is used to test the hypotheses. In second step of the research, to select appropriate software, AHP method is used for weighting and Fuzzy VIKOR method is used to select the best ERP system. The results obtained from the study have shown that EPICOR system is the most appropriate and the best system to be implemented in the said company due to its conditions and needs and the software capabilities with highest weighted load (0.5650) are identified as the index with most effect on choosing ERP system.

Keywords

Flexibility, enterprise resource planning (ERP), AHP, Fuzzy VIKOR, software capabilities

Full Text :PDF DOI: 10.6007/IJARAFMS/v7-i2/2828
National Accounts System: Source of Information in Macroeconomic Forecast
Author(s): Constantin ANGHELACHE, Madalina-Gabriela ANGHEL, Alina-Georgiana SOLOMON      Pages: [76-82]
Abstract

The national accounts represent a model for recording and analyzing macroeconomic. The emergence of national accounts was necessary to obtain information for making calculations and macroeconomic analysis. Thus, national accounts system has become the main tool for recording and analyzing macroeconomic used in international statistics, so consequently and in Romania. A statistical overview of the emergence of this system of macroeconomic evidence shows that from 1938 to agreed first system developed by Professor Richard Stone in England. Subsequently, the preoccupation to establish a filing system macroeconomic able to provide dynamic analysis while each country, but also ensure the possibility of a macroeconomic records internationally and expanded. Incidentally, it appeared Cambridge system describing the relationships established between the main economic homogeneous systems and between them and the rest of the world, a definite necessity to make a comparative analysis over time. Later Leontieff described the internal structure of the productive system as a highlight structural production of the national economy, highlighting the relationship between the branches of the national economy, as an important element in studying correlations are established at the macroeconomic level. Evolving over time, national accounts system resulted to be composed of a number of tables that highlight the production, distribution, consumption and accumulation of goods, categories of businesses and the overall national economy. In this context, plays an important role in economic circuit which is represented as a set of operations that stability economic flows between operators. In conclusion, the system of national accounts is presented in four important accounts respectively, production, consumption, accumulation and the world, which shows how to interpret each. In this context, the authors of this article said content relevant accounts, production, consumption, accumulation and the world trying to emphasize the correlation established between them. Going forward, the authors believe that the tried and largely succeeded, which have proposed have focused on content main indices calculation results of the national accounts. Thus refers to Global Product, Gross Domestic Product Gross Domestic Product Net national income, national disposable income and product available, synthesizing in this way, how these indicators are found behind any analyzed, especially regarding the need for forward-looking analysis to identify how the question of identifying macroeconomic development trend.

Keywords

Economic Flow, Macroeconomic Circuit, Investment, Production, Economic Agent

Full Text :PDF DOI: 10.6007/IJARAFMS/v7-i2/2829
The Developmental Role of the Pharmaceutical Industries in Jordan during the Period (1994-2014)
Author(s): Khaled Abu ALIQAH, Talal BATAINEH      Pages: [83-90]
Abstract

The study dealt with the developmental role of the pharmaceutical industries in Jordan through showing their impact extent on Gross Domestic Product (GDP).The study used the descriptive analytical method, a measurement model was designed by the researchers and data analysis was performed through the use of an appropriate statistical method for this study. The results showed the existence of a positive and strong relationship between the study variables (independent variables) and GDP (dependent variables). The study came up with a set of recommendations, giving the pharmaceutical sector much more significance, being among the most prominent and pioneering sectors in Jordan due to the role it plays in increasing the export bill of Jordan in addition to alleviate the two major problems in Jordan, poverty and unemployment.

Keywords

GDP, Added Value, Pharmaceutical Industries, Jordan

Full Text :PDF DOI: 10.6007/IJARAFMS/v7-i2/2853
Using the System of National Accounts in the Forecasting Activity
Author(s): Madalina-Gabriela ANGHEL, Alexandru MANOLE, Alina-Georgiana SOLOMON      Pages: [91-96]
Abstract

Macroeconomic activity is not sufficiently concrete to be based on a thorough study, and based on concrete models to provide a vision for growth economic perspective. There Oser models used in countries that have adopted the System of National Accounts and therefore requires complexity that presents to refer to some medium-term econometric models. In this regard, we have already established a dynamic multisectoral model used by the French in the estimates it requires such a study. Whichever model forecasting is important to note, stages of implementation of such a model, which can be translated into the following summary: solutions each year on ensuring macroeconomic balance; final demand determines production knowing its level determined on account of capital and labor should be an objective envisaged; calculation in advance and then price the determining factor in terms of economic engagement in such a perspective; determination of income earned and distributed to ascertain what remains among economic operators usually talk about profit, resulting in return on invested capital. Another factor here is the return on invested capital to see the efficiency and profitability. All depend ultimately final demand which consists of household consumption and foreign exchange. Another element is the connection analogous regarding foreign trade, knowing that the ability to export and import of a country depends to some extent and how is achieved or can calculate indicators that show profitability of and under which it is envisaged the possibility of adjusting perspective. In this article the authors propose some models that can be used in analyzing and forecasting economic growth then using items you expected and shows them System of National Accounts

Keywords

Macroeconomic account, correlation coefficient, indicator, econometric model, cost price

Full Text :PDF DOI: 10.6007/IJARAFMS/v7-i2/2854
Abstract

This study dealt with the impact of public expenditures on some of the economic variables in Jordan during the period (2002-2015). The appropriate statistical analysis (e-views) was used. The study concluded the most important results, of which is the fact that there is a positive impact of public and current capital expenditure and on some economic variables. There is also a positive statistically significant relationship between public and current capital expenditure and Gross Domestic Product (GDP) and the share of the individual from GDP. The study recommended a set of recommendations, the most important of which is the following: Jordanian government should have a special concern about capital and current expenditure as they have a positive impact and direct effect on GDP and part of it.

Keywords

Capital expenditures, economic prosperity, unemployment, poverty, current expenditures, GDP, income average of the individual

Full Text :PDF DOI: 10.6007/IJARAFMS/v7-i2/2855
Ranking of Factoring Companies in Accordance with ARAS and COPRAS Methods
Author(s): Asir OZBEK, Emel EROL      Pages: [105-116]
Abstract

Along with the development of international trade, financing techniques have also begun to make a progress. In parallel to this progress, factoring transactions in trade financing make a significant contribution. Factoring, which brings a positive impact on national economy, has been following a course with a progressive trading volume. Turkey has performed an improvement in world ranking by means of factoring capacity in recent years. This, therefore, demonstrates that emphasis on factoring transactions has also been increasing. Need for factoring companies that have a great role in domestic and foreign financing of trade has also been mounting. Determination of the most appropriate factoring company for the managements that have an intention of receiving factoring services is considered as a multi-criteria decision making (MCDM) problem through which a series of factors shall be regarded. Consequently, selection of a factoring company that is in compliance with the financing structure of the management is considerably important. Within the scope of this study, ranking of 7 factoring firms that are active in Istanbul Stock Exchange (BIST) was made by considering their financial data between the years of 2013 and 2016. Data were collected through Public Disclosure Platform. Criteria were designated in consequence of literature review. Additive Ratio Assessment (ARAS) and Complex Proportional Assessment (COPRAS) techniques, which are the two of MCDM methods, were used in an integrated way in the direction of rating the aforementioned companies. When the years of 2013–2016 were considered as integrated, it was observed that GAFRA is placed on the top while SMRFT is placed at the bottom according to both methods.

Keywords

ARAS, COPRAS, Factoring Companies, Multi-Criteria Decision Making

Full Text :PDF DOI: 10.6007/IJARAFMS/v7-i2/2876
Determinants of Audit Quality: Evidence from Deposit Money Banks Listed on Nigeria Stock Exchange
Author(s): Amahalu Nestor NDUBUISI, Beatrice O. EZECHUKWU      Pages: [117-130]
Abstract

The objective of this study is to ascertain the determinants of audit quality with a focus on selected Deposit Money Banks listed on the floor of Nigeria Stock Exchange from 2010-2015. This study made use of secondary data obtained from fact books, annual reports and account of selected banks under study. The relevant data were subjected to statistical analysis using Pearson coefficient of correlation, Ordinary Least Square (OLS) and Granger causality test with the aid of E-view 9.0. The result of this study revealed that there is a positive and statistically significant relationship between audit fees, audit tenure, audit firm size and audit quality. It was also empirically verified that audit fees, audit tenure, audit firm size have a statistically significant relationship with audit quality of banks listed on the floor of Nigerian Stock Exchange at 5% level of significance. The study recommends among others that auditor-client relationship should not exceed 3 years, because the auditor may develop close relationship with the client and become more likely to act in favour of management, resulting in reduced objectivity and audit quality.

Keywords

Audit Quality, Audit Fees, Audit Tenure, Audit Firm Size

Full Text :PDF DOI: 10.6007/IJARAFMS/v7-i2/2877
Analysis of Determinants of Profitability of Commercial Banks in Botswana
Author(s): Christian John MBEKOMIZE, Mogotsinyana MAPHARING      Pages: [131-144]
Abstract

This study had dual purposes: (1) to examine relationship between profitability and internal and external factors of commercial banks in Botswana and (2) to perform trend analysis of factors indicating banks’ performance. The study analysed the secondary data obtained from Bank of Botswana reports. Profitability measures were return on assets (ROA), return on equity (ROE) and net interest income (NIM) as dependent variables. The independent variables comprised internal factors: bank liquidity, capital adequacy, credit risk, bank size, market profit opportunity, cost efficiency, and bank diversification as well as the external factors: economic growth, inflation and bank interest. We utilised regression technique to analyse the relationship between bank performance and internal and external variables presented in 3 models: ROA, ROE and NIM. The results suggest that ROE is the best measure of the bank profitability followed by ROA and NIM. The combination of inflation, cost efficiency, bank liquidity, credit risk, market profit opportunity and bank diversification was the best predictor of bank profitability as represented by ROE. The implications drawn from this study are that banks should match their operating expenses with revenue growth, and try to strike a balance between asset, liquidity, and liability management in order to remain competitive and earn higher profits. As for the regulator, effective controls should be placed on deposit rates, bank charges, inflation, and banks rates.

Keywords

Bank profitability, Botswana, commercial banks, liquidity, credit risk, market profit opportunity, cost efficiency, diversification and inflation

Full Text :PDF DOI: 10.6007/IJARAFMS/v7-i2/2878
Audit Quality Practices and Financial Reporting in Nigeria
Author(s): Loveday A. NWANYANWU      Pages: [145-155]
Abstract

This paper examined the influence of audit quality practices on financial reporting in Nigeria, drawing evidence from auditing firms. Data were collected through questionnaire. Univariate, bivariate and multivariate analyses were performed using descriptive statistic, Pearson Product Moment Coefficient of Correlation and stepwise multiple regression. Findings indicate a statistically significantly positively strong relationship between the measures of audit quality (auditor independence, technical training and proficiency and engagement performance) and financial reporting (measured in terms of reliability of financial report). Auditor independence has the highest explanatory power of variations in reliability of financial report of 47.9%. In addition, the regression model with only auditor independence produces the highest value of reliability of financial report. Given the existence of technical training and proficiency and engagement performance, auditor independence is a prime audit quality in financial reporting. Accounting practitioners should imbibe the ethics of independence to achieve credibility and reliability required of financial reports.

Keywords

Audit Quality, Financial Reporting, Nigeria

Full Text :PDF DOI: 10.6007/IJARAFMS/v7-i2/2879
Foreign Trade Evolutions in the European Union
Author(s): Catalina MOTOFEI      Pages: [156-163]
Abstract

In this paper, the author presents the most significant evolutions in the international trade of the European Union. The research takes into consideration several aspects, namely the contributions of some countries to the total recorded across the EU, the analysis by groups of goods, within the study of both import/export and trade balance. To substantiate our analysis, based on the structure of the used dataset, we have capitalized the benefits of the regression method, developing two models, one for import and export each, which explain the dimension of the correlation between these indicators and their structure factors, grouped by categories of goods.

Keywords

Analysis, Regression, Import, Export, Balance

Full Text :PDF DOI: 10.6007/IJARAFMS/v7-i2/2926
Abstract

The benefits of e-Procurement have been verified by many leading companies worldwide, and e- Procurement is a significant tactic in most companies’ e-Business strategies. This study proposes sought to determine factors influencing the adoption of e-procurement systems among international NGOs in Kenya. The problem to the study is that the rate of e-procurement systems adoption has been much lower than the opportunity presented by the market and studies have shown that there has been inadequate evidence on the realization of e-procurement benefits. This research based its objectives on four procurement related factors on e-procurement; organization factors, innovation related factors, supply factors and strategic factors. The research shall adopt a descriptive cross-sectional research design while targeting the 510 International NGOs in Kenya with their procurement operations office in Nairobi. Taro Yamane formulae and principle of finite population sample size was used to find the sample. The primary was gathered directly from respondents using questionnaires while secondary data involved the collection and analysis of published material and information from other sources such as annual reports, published data. The research carried out a pilot study to pretest and validates the questionnaire and the interview guide. The researcher shall finally peruse completed questionnaires and document analysis recording sheets. Quantitative data collected was analyzed using SPSS and presented through frequencies and percentages. The information was displayed by use of tabulations, bar charts, graphs and pie charts and in prose-form. Content analysis was used to test the data of qualitative nature or aspect of the data collected from the open ended questions. This multivariate regression model was applied to determine the relative importance of each of the four variables with respect to the influence adoption of E-Procurement. The organizational factors influence e-procurement up to 82% of e-procurement, 93.5% the results indicated that innovation related factors influence the adoption of technology on procurement operations, 94% NGO managers find strategic factors to influence adoption of e-procurement among international NGOs and over 72% found the influence to be at great extent and even beyond.

Keywords

e-Procurement Systems, Non-Governmental Organisations, Kenya

Full Text :PDF DOI: 10.6007/IJARAFMS/v7-i2/2927
Earnings Management Behavior with Respect to Goodwill Impairment Losses under IAS 36: The French Case
Author(s): Nour MALIJEBTOU HASSINE, Faouzi JILANI      Pages: [177-196]
Abstract

This study investigates how reporting incentives influence firms’ accounting choices when they are required to use standard IAS 36 to account for goodwill impairment. Specifically, we examine if earnings management motives are associated with the decision and the magnitude of annual goodwill impairment losses reported by French firms. Based on a sample of 720 observations derived from 105 groups of companies that belong to the SBF 250 during the period 2006-2012, results of this study confirm largely our predictions. Indeed, main results show that the decision to record goodwill impairment losses is driven by both CEO change and financial crisis motives. In addition, the findings indicate that managers overstate annual goodwill impairment losses to meet earnings management incentives related not only to CEO change and financial crisis but also to earnings smoothing and big bath accounting. The robustness tests reveal that firms with higher leverage tend to record an increased goodwill impairment loss in response to debt renegotiation incentive. This study illuminates the accounting standard-setters in understanding managers’ reporting choices related to the use of discretion afforded by standard IAS 36 on goodwill impairment in France in order to state on its practical usefulness. Thus, it contributes to the international actual debate on goodwill impairment.

Keywords

IFRS 3, IAS 36, accounting for goodwill, goodwill impairment, earnings management

Full Text :PDF DOI: 10.6007/IJARAFMS/v7-i2/2993
Abstract

The study identifies human resources information systems (HRIS) and their impact on the competitive advantage of Jordanian cement companies (Lafarge Cement Company, Arab White Cement Company, Manaseer). To achieve the objectives of the study, a questionnaire was developed for data collection, and then the Statistical Package for Social Sciences (SPSS.16.1) was used to analyze the data of the questionnaire. The study produced a series of results, the most prominent of which are: The level of importance of human resources information systems (the efficiency, integration, and response of human resources information systems) in Jordanian cement companies according to the respondents' perceptions was “medium”. Moreover, human resources information systems had an effect on competitive advantage. Human resources information systems accounted for 69.8% of the variation in competitive advantage in Jordanian cement companies. In the light of the study’s results, the study produced several recommendations, the most important of which is to design training programs for employees and users of human resources information systems. The study also stressed on the importance of providing and constantly upgrading and maintaining the basic infrastructure for hardware, equipment, and software used in human resources information systems, to minimize the occurrence of potential errors that may disrupt required work.

Keywords

Information System, Human Resources, Competitive Advantage

Full Text :PDF DOI: 10.6007/IJARAFMS/v7-i2/2994
Abstract

Rapid growth in global economic environment has significantly elevated the importance of the study of earnings management (EM) due to increased need for reliable and transparent financial information. EM is efficient if managers signal financial information to external users to assist them to improve their understanding of company’s upcoming performance. However, EM is opportunistic, if managers act creative with accounting numbers for purposes other than that of enhancing truthful reporting. In order to reduce the effects of opportunistic behavior on investors, it should be clear under which conditions managers are likely to behave opportunistically. The aim of this study is to investigate the practice of EM and its manipulation types, revealing the connection of debt contracts, political costs, and characteristics of board of directors by exhibiting conflicts of interests.

Keywords

Earnings Management, Opportunistic Behavior, Efficient Behavior, Debt Contracts, Political Costs

Full Text :PDF DOI: 10.6007/IJARAFMS/v7-i2/2995
Accounting Practices and Performance of Oil and Gas Industry (Upstream Sector) in Nigeria: An Empirical Analysis
Author(s): Lawyer Chukwuma OBARA, Efeeloo NANGIH      Pages: [215-222]
Abstract

This research work seeks to examine the extent to which Accounting practices affect the profitability of Oil and Gas companies in Nigeria, particularly those in the upstream sector. The specific objectives were: to determine the effect of accounting practices on Return on Assets (ROA) and Return on Capital Employed (ROCE) of Oil and Gas Companies in Nigeria. The study objectives guided the empirical review. The Researchers used Stratified Sampling Design approach. The target population comprised of Oil and Gas Companies in Nigeria. A total of 84 respondents were drawn from the population. Both primary and secondary data were used in the study. Primary Data were collected using questionnaires drawn using the Likert’s Scale with five points ranging from very great extent to no extent, while secondary data were sourced from already published materials. Hypotheses were formulated and data were analyzed using SPSS Software and other Descriptive statistical tools such as; percentages and tables. The result of the study showed that accounting practices had a significant relationship with performance of Oil and Gas Companies, particularly, the Return on Assets and Return on Capital Employed. It was recommended that proper and best accounting practices should be adopted by Oil and Gas companies to ensure better performance on one hand and fair, transparent and reliable financial reports on the other hand.

Keywords

Accounting practices, performance, oil and gas sector, Return on Assets, Return on Capital Employed

Full Text :PDF DOI: 10.6007/IJARAFMS/v7-i2/2996
Entrepreneurial Behaviours: The Influence of Personal and Organizational Characteristics
Author(s): Nadia ASLAM, Amina Manzoor AHMED, Qasim Ali NISAR, Muhammad SARFRAZ      Pages: [223-233]
Abstract

Nowadays, in organizations, entrepreneurial behavior and performance can't be neglected. Supporting entrepreneurial behavior and entrepreneurial performance is essential at all hierarchal stages for increasing competitive advantages and progress. Emotional Intelligence, job autonomy, perceived organizational support plays an essential role to improve the business performance and entrepreneurial behavior. The purpose of the study is to investigate the impact of Emotional Intelligence on Entrepreneurial performance also examine the effect of Emotional Intelligence on Entrepreneurial Behavior by considering the mediating role of creativity and also to examine the impact of Emotional Intelligence Job Autonomy, Perceived Organizational Support on Entrepreneurial Behavior by considering the moderating role of Organizational Commitment. This study is deductive in nature. Survey questionnaire scheme was used and data have been collected from 204 respondents by applying simple random sampling technique. After apply desirable tests on AMOS and SPSS, findings declared that Emotional Intelligence, Job Autonomy and Perceived Organizational support have positive and significant impact on Entrepreneurial behavior. Conclusions also states that Emotional Intelligence has positive and significant impact on Entrepreneurial performance. However result also informed that Creativity significantly and partially mediates the relationship between Emotional Intelligence and Entrepreneurial Behavior. It also examine that Organizational Commitment significantly and positively moderates the connection among Emotional Intelligence, Job Autonomy, Perceived Organizational Support and Entrepreneurial Behavior.

Keywords

Emotional Intelligence, Job Autonomy, Perceived Organizational Support, Entrepreneurial Behavior, Entrepreneurial Performance, Organizational Commitment, Creativity

Full Text :PDF DOI: 10.6007/IJARAFMS/v7-i2/2997
The Impact of Customer Relationship Management on Customer Loyalty in LG Company (Goldiran) Tehran City
Author(s): Abbas Rezazadeh KARSALARI, Hassan SABERI, Sharareh KALIMDAST      Pages: [234-239]
Abstract

This study is carried out aimed to The Impact of Customer Relationship Management on Customer Loyalty with the Mediating Role of Customer Commitment in LG Company (Goldiran) Tehran City. The study correlation in view of application and descriptive approach and the method of data collection is library field. The statistic population include all customers of LG Company (Goldiran) in Tehran City. Research sample consist of 384 port employees were chosen through cluster random using of Morgan table. Reliability of Customer Relationship Management, Customer Loyalty and Customer Commitment is approved 0.86, 0.84 and 0.79 respectively. The method of data analysis is used by Descriptive and inferential statistics and normal data distribution through Kolmogorov-Smirnov test statistical methods of this study was LISREL and SPSS software. Results find that Customer relationship management has Positive and significant impact on customer loyalty and customer commitment.

Keywords

Customer Relationship Management, customer loyalty, customer commitment.

Full Text :PDF DOI: 10.6007/IJARAFMS/v7-i2/3011