• Title/Summary/Keyword: Negative Impact

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Effect of Values on Attitudes and Behavioral Intentions of Consumers towards Fair Trade Coffee - Moderating Effect of Ethical Consumption Consciousness - (공정무역커피 소비자의 가치, 태도 및 행동의도의 인과관계 - 윤리적 소비의식의 조절효과 -)

  • Park, Sun-Woo;Yoon, Hye Hyun
    • Journal of the East Asian Society of Dietary Life
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    • v.27 no.3
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    • pp.257-267
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    • 2017
  • This study investigated the effects of values towards Korea fair trade coffee consumers upon attitudes and behavioral intentions and verified the moderating effects of ethical consumption consciousness between relationships among values, attitudes and behavioral intentions. A total of 283 data were analyzed for consumers of fair trade coffee residing in Seoul. Structural equation models were used to identify the relationship between the variables. As a result of the analysis, Schwartz (1994)'s 30 value items were factored into four areas: openness to change, self-enhancement, conservation, and self-transcendence. The value of 'self-transcendence' showed a significant positive impact on attitudes toward fair trade coffee, whereas 'openness to change' had a significant negative impact. Positive attitude toward fair trade coffee showed a significant impact on intentions to buy fair trade coffee. In addition, a moderating effect of ethical consumption consciousness between attitude and behavioral intention was found. Limitations and future research directions are also discussed.

Adopting Local Languages as Official Languages: Effect on Women and Rural Individuals' Labor Force in Burkina Faso

  • YAMEOGO, SOULEYMANE
    • KDI Journal of Economic Policy
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    • v.42 no.2
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    • pp.31-56
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    • 2020
  • This study investigates the impact of the use of the main local languages in Burkina Faso (Moore, Dioula, Fulfulde) on labor force participation. Using Ethnologue language data, I compute the relative language distance reduction index, after which I use a probit/logit model and instrumental variable approach to account for language use policy endogeneity. This study finds that the use of the Moore language increases the likelihood of labor force participation by 36 percent, with a strong impact on women at 59 percent, nine times higher than men, and 38.3 percent for rural individuals, five times higher than individuals living in urban areas. The Dioula language exhibits comparable trends, while Fulfulde has a negative impact on individuals. The study recommends the use of local language(s) as official language(s) to improve labor force participation. However, a bilingual approach combining local and international language(s) will be of use to account for globalization and international competitiveness. The findings here may be of use to researchers and policymakers as part of their effort to increase the labor force participation rates of women and rural individuals. Moreover, this research has significant implications with regard to the implementation of language use policies in a variety of postcolonial language contexts.

The Impact of Audit Characteristics on Firm Performance: An Empirical Study from an Emerging Economy

  • Rahman, Md. Musfiqur;Meah, Mohammad Rajon;Chaudhory, Nasir Uddin
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.1
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    • pp.59-69
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    • 2019
  • The auditor, an important instrument of corporate governance, ensures the transparency and accountability of the firm to the stakeholders. The objective of this paper is to explore the impact of audit characteristics on firm performance. In this study, external audit quality (BIG4), frequencies of audit committee meetings, and audit committee size are used as the proxies of audit characteristics and firm performance is measured through ROA, profit margin and EPS. A total of 503 firm years are considered as sample size from the listed manufacturing firms of Dhaka Stock Exchange (DSE) during the period of 2013 to 2017 to find out the impact of audit characteristics on firm performance. In this study, multivariate regression analysis is conducted using the pooled OLS method. Moreover, time dummy and lag model of multivariate analysis are also analyzed as robust check. The multivariate regression results find that external audit quality (BIG4) and audit committee size are significantly positively associated with firm performance. This study also finds that there is a significant negative relationship between audit committee meeting and firm performance. This study recommends that the regulatory authority and audit committee should review the frequencies of audit committee meeting to make it more effective to ensure better firm performance.

Globalization Impact on Small and Medium Enterprise: Tanzania Case

  • Aligaesha, Baraka;Park, Byungjoo;Chang, Byeong-Yun
    • International Journal of Internet, Broadcasting and Communication
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    • v.11 no.4
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    • pp.65-70
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    • 2019
  • We are looking the impact associated with globalization in favor of small and medium enterprises (SMEs) growth and how helped to reduce the obstacle facing SMEs growth. We used empirical analysis in order to examine the relationship underlying the globalization and its impact to SME growth. We employed primarily data from Tanzania SMEs. Further we seeks to explain the negative notion that has been created that globalization is not friendly to SME growths. We employed primary data from Tanzania SMEs. The partial least squares (PLS) was used for analysis. The conclusion has indicated that globalization has a relationship with SMEs growth and has contributed to the reduction of obstacles that inhibit SMEs growth. However study confirmed controversial result on part of availability of managers and manpower with global perspectives to influence SMEs growth. The test accepted that globalization has influenced availability of managers with global perspectives but reject the availability of these managers influences the SMEs growth The results give a clear outlook to help policy maker in policy review process, formulate base for extensive study on issues for manager perspectives and draw intervention.

Vehicle-induced aerodynamic loads on highway sound barriers part 2: numerical and theoretical investigation

  • Wang, Dalei;Wang, Benjin;Chen, Airong
    • Wind and Structures
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    • v.17 no.5
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    • pp.479-494
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    • 2013
  • The vehicle-induced aerodynamic loads bring vibrations to some of the highway sound barriers, for they are designed in consideration of natural wind loads only. As references to the previous field experiment, the vehicle-induced aerodynamic loads is investigated by numerical and theoretical methodologies. The numerical results are compared to the experimental one and proved to be available. By analyzing the flow field achieved in the numerical simulation, the potential flow is proved to be the main source of both head and wake impact, so the theoretical model is also validated. The results from the two methodologies show that the shorter vehicle length would produce larger negative pressure peak as the head impact and wake impact overlapping with each other, and together with the fast speed, it would lead to a wake without vortex shedding, which makes the potential hypothesis more accurate. It also proves the expectation in vehicle-induced aerodynamic loads on Highway Sound Barriers Part1: Field Experiment, that max/min pressure is proportional to the square of vehicle speed and inverse square of separation distance.

The Structural Relationship among Brand Dependence, Brand Attitude, Brand Satisfaction and Repurchase Intention of Online Golf Product Consumers

  • Park, Woo-Young;Kim, Seyun
    • International journal of advanced smart convergence
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    • v.10 no.4
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    • pp.38-44
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    • 2021
  • The purpose of this study is to investigate the structural relationship among brand dependence, brand attitude, brand satisfaction and repurchase intention of online golf goods consumers. To achieve the purpose of this study, a survey was conducted on consumers who had experience in purchasing golf goods online by visiting golf driving ranges in Seoul and Kyeonggi area. A total of 200 people were surveyed and 197 data were used for the final data processing. SPSS 23 and AMOS 23 were used for data processing. We obtained the following results. First, brand dependence had a positive effect on brand attitude, but it did not have a significant effect on repurchase intention.Second, brand attitude had a positive effect on brand satisfaction and repurchase intention; third, brand satisfaction had a positive effect on repurchase intentionFirst, face has been shown to have a significant impact on symbolic consumption propensity. Second, symbolic consumption tendencies have a significant impact on product satisfaction and intention to purchase new products. Third, product satisfaction has been shown to have a negative impact on the intention of purchasing new products.

The Role of Intelligence (IQ) on The Globalization-Income Inequality Nexus: A Threshold Regression Approach

  • IBRAHIM, Saifuzzaman;MAZLINA, A.R.;AZMAN-SAINI, W.N.W.;BURHAN, Nik Ahmad Sufian
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.12
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    • pp.9-17
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    • 2021
  • Globalization is an economic process responsible for the increase of interdependence of world economies. It enhances the mobility of national resources internationally via the integration of markets, trade and investments with minimal barriers to slow the flow of products and services. Although globalization has some positive impacts on the economy, it is said to be a factor in the decline of income inequality of the participating countries. However, the results of previous studies on the relationship between globalization and income inequality are inconclusive. This suggests that there are other factors influencing the relationship between the two variables. The purpose of this study is to examine the role of intelligence (IQ) in the globalization-income inequality relationship. This study employs the threshold regression technique and cross-nation observations from 117 sample nations for the period 1980-2016. The results show that the impact of globalization on income inequality in a nation relies on its IQ level. The results imply that economic globalization has a negative impact on income inequality in nations with lower IQ levels. It widens the gap between the poor and rich. While in nations with higher IQ levels, it seems to not have any significant impact on income distribution.

Revisiting Financial Inclusion and Income Inequality Nexus: Evidences from Selected Economies in Asia

  • ALI, Jamshed;KHAN, Muhammad Arshad;WADOOD, Misbah;KHAN, Usman Shaukat
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.12
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    • pp.19-29
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    • 2021
  • This study aims to measure financial inclusion and examine its impact on income inequality in a panel of 18 Asian countries over the period 1997-2017. Two alternative approaches for developing financial inclusion index are used: one approach following the methodology of Sarma (2008), while the other is the Dynamic Factor Model (DFM)-based index. The impact of individual indicators and index of financial inclusion on inequality in income is analyzed. The Generalized Method of Moment (GMM) approach is used for empirical analysis. The results indicate that micro-level financial inclusion has a weak negative and statistically significant impact on income inequality. Macro-level index and all individual indicators of financial inclusion do not affect income inequality in the selected sample of economies. The income inequality issues have different natures and cannot be fixed by financial inclusion only. It needs holistic structural reforms to enable fair distribution of income and make an equitable financial system. Financial inclusion is a relatively less important intervention tool regarding fixing the issue of income inequality. This is one of the first studies that used the DFM method for financial inclusion indices construction.

COVID-19 Lockdown, Earnings Manipulation and Stock Market Sensitivity: An Empirical Study in Iraq

  • ALJAWAHERI, Bushra Abdul Wahhab;OJAH, Hassnain Kadhem;MACHI, Ahmed Hussein;ALMAGTOME, Akeel Hamza
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.707-715
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    • 2021
  • This article examines the potential impact of the Covid-19 Lockdown on earnings manipulation and stock market sensitivity to earnings announcements. It also explores the effects of earnings manipulation after the COVID-19 outbreak on the share price sensitivity to the earnings disclosures. The study uses a quantitative method to analyze the financial data consisting of 87 firms listed on the Iraq Stock Exchange for the period from 2018 to 2020, which constitutes a total of (174 observations). We used Ohlson (1995) model to estimate financial market reaction and sensitivity to earnings manipulation fluctuations and accounting information. The results show that companies practice earnings manipulation to maintain earnings over a time series, which means a negative impact of earnings manipulation on all earnings measures' value relevance (EPS, BVS, and CFS). Accordingly, earnings manipulation negatively influences investor behavior in the financial market, based mainly on financial reporting. The value relevance of financial reports has also decreased because of the COVID-19 outbreak and related economic Lockdown. These results reflect a long-term adverse impact of earnings manipulation on investor behavior and financial statements reliability.

Study on PIV-Based Pressure Estimation Method of Wave Loading under a Fixed Deck

  • Lee, Gang Nam;Duong, Tien Trung;Jung, Kwang Hyo;Suh, Sung Bu;Lee, Jae Yong
    • Journal of Ocean Engineering and Technology
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    • v.34 no.6
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    • pp.419-427
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    • 2020
  • In this study, a particle image velocimetry (PIV)-based pressure estimation method was investigated, with application to the wave-in-deck loading phenomenon. An experimental study was performed in a two-dimensional wave tank using a fixed deck structure under a focused wave, obtaining local pressures by pressure sensors, global loads by load cells, and instantaneous velocity fields using the PIV measurement technique. The PIV-based pressure estimation method was applied using the Euler equation as the governing equation, and the proper time step for the wave impact pressure was studied using the normalized root-mean-square deviation. The pressure estimation method showed good agreement for the local impact pressure in comparison with the measured pressure by the pressure sensors. However, some differences were observed in the peak pressure due to the limitations of the Euler equation and the sampling rate of the measurement system. Using the estimation method, the pressure fields during wave-in-deck loading were determined in the study, with an analysis of the mechanism of impact and negative pressure occurrence.