About Journal

The Journal of Contemporary Issues in Business and Government is an open-access, peer- reviewed international journal dedicated to the exchange of original scholarly research that informs business decision making and/or government policy. The journal is cross-sectoral, interdisciplinary and eclectic, and contributions are welcome across a wide range of research methodologies (e.g., theoretical or empirical, using either quantitative or qualitative methods) and topics.
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Journal Information

Publisher: Society of Business and management

Email:  info@cibg.org.au

Print ISSN: 2204-1990

Online ISSN: 1323-6903

The Scientific of Macro Maqasid in Developing of Social Financing Products

WAN NAZJMI MOHAMED FISOL; MARINA ABU BAKAR; AHMAD KHILMY BIN ABDUL RAHIM

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 1-9
DOI: 10.47750/cibg.2021.27.03.001

The maqasid-cum-masalih theory has been developed to facilitate the Shari‘ah scholars in deducing more appropriate Islamic legal opinion(ijtihad) in Islamic banking and finance matters in light of the objectives of Shari‘ah (maqasid al-Shari‘ah). The purpose of this paper is to study the macro maqasid based on the maqasid-cum-masalih theory that are used in the development of Islamic financial products as well as social financing products. Research methodology is a fundamental part of any research work and is vital for the success of research. The research design to be utilized the quantitative method by using questionnaire method. This method has been used to obtain perceptions of the Shariah advisory and supervisory boards’ members on viability and applicability of macro maqasid perspective based on the maqasid-cum-masalih theory. The macro maqasid (Islamic economics objectives) should be in conformity with the maqasid-cum-masalih theory as well as the objectives of Shari‘ah (maqasid al-Shari‘ah) in developing more social financing products in Islamic banking and financial institutions. The paper shows that the using of macro maqasid based on the maqasid-cum-masalih theory can be used by the Shariah advisory and supervisory boards’ members to developing more social financing products in Islamic banking and financial institutions.

Motivation for Distance Learning as A Factor Affecting the Quality of Education

YULIYA B.NADTOCHIY

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 10-17
DOI: 10.47750/cibg.2021.27.03.002

Online learning is becoming increasingly popular in today's world. This can be clearly seen through the number of training courses and various training activities that are being developed and offered. At the present time, ‘distance learning’ and ‘online learning’ are often used as interchangeable terms. However, distance learning is considered to be a broader concept, it is the remote learning which is not necessarily real time learning, and online learning is learning via the Internet connection “here and now” and is considered only as one of the forms of distance learning. So, one can also note that there is an ambivalent opinion regarding distance learning: some people recognize and trust this form of learning while the others have a negative attitude towards receiving education in this way.
The article shows the results of surveys conducted in different years in order to find out people's opinions on the possibility of getting proper education through distance learning.

Public Debt Increase Challenge Under COVID-19 Pandemic Economic Crisis in the Caucasian Countries

CHARAIA VAKHTANG; PAPAVA VLADIMER

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 18-27
DOI: 10.47750/cibg.2021.27.03.003

Paper provides an analysis of public debt problem in the Caucasusian countries of Armenia, Azerbaijan, Georgia, Iran, Russia and Turkey during the economic crisis under the COVID-19 pandemic. It also discussed some closely related issues, sauch as inflation, economic growth, employment, international rankings and etc. The paper analysis the different realities and perspectives of current and future developments of COVID-19 pandemic on selected countries economy. While recognizing that public debt increase was unavoidable during the global pandemic challenge, paper concludes that its effectiveness is hugely depended on when global economy can finally overcome the fact of being a hostage of COVID-19.

Waqf Property Management Through the Maqasid Al-Shariah Approach

WAN NAZJMI MOHAMED FISOL; MARINA ABU BAKAR; AKLI AHMAD

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 28-31
DOI: 10.47750/cibg.2021.27.03.004

Waqf is an important instrument in a country’s economic system as it ensures that the socio-economic development can be achieved more effectively. However, there are several issues that hinder the management and development process of waqf land for the purpose of socio-economic development of ummah. These happened because of the existence of several conditions set by the donor (waqif) of waqf properties. Therefore, this study is conducted to identify the views of Shariah scnorholars from the aspect of changing the conditions of waqf made by the donor (waqif) through the approach of Maqasid Shariah namely “Tasarruful Imami ‘Ala al-Ra'iyyati Manuthun bi al-Maṣlaḥah”. In Malaysia, State Islamic Religious Council (SIRC) is responsible in managing and administering the development of waqf properties in each state. In order to achieve a holistic devolopment, it is vital to look at the broader maslahah (benefits) and needs involved in waqf properties. This study applies qualitative method and the data collection involves library research approach using references from Islamic jurisprudence classical books. The data is analysed using content analysis method. The results of the study found that method of changing the use of waqf property towards a more beneficial purpose is more accurate with the definition and principle of maqasid al-Shariah in obtaining the benefit and avoiding the harm (jalb al-Manfa‘ah wa daf‘ al-Madarrah). The findings are beneficial in helping the management and development of waqf properties and the socio-economic of society in Malaysia as a whole.

Analyzing Business Leadership Skills Under Uncertain Environment Using Fuzzy AHP Approach.

PHI-HUNG NGUYEN

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 32-38
DOI: 10.47750/cibg.2021.27.03.005

Over the years, leaders affect followers' success and inspiration. Up to this point, research has concentrated on leader characteristics, attitudes, or followers' self-concepts and the related consequences. Dynamic leadership attracts attention because it leads to promoting future business leadership. This study aims to analyze the influencing factors of business leadership. This study proposes the Fuzzy Analytical Hierarchy Process Method (FAHP) to achieve a systematic weighting of critical factors affecting business leadership to overcome human expectations' vagueness. Group of critical criteria basing on experts' opinions are identified: Creative Thinking (A), Cause-Effect Analysis (B), Forecasting (C), Planning (D), Visioning (E), Problem Defining (F), Idea Evaluation (G), Wisdom (H), and Constraint Analysis (I). The results revealed that Visioning (E) is the most critical skill at a weight of 0.138, Forecasting (C) is the second position and Creative Thinking (A) is placed third with the weight of 0.126. The remaining skills’ rankings are Cause-Effect Analysis (B) > Planning (D)> Idea Evaluation (G) >Wisdom (H) Constraint Analysis (I)> Problem Defining(F), respectively. The implications of findings bearing on leader thinking skills for leader assessment and leader development are considered. Finally, sensitivity analysis is conducted to verify the robustness of the results.

COVID 19 Pandemic and Its Economic Spatial Effect: An Empirical Evidence on East Java

ABDUL GHOFUR; YUNNI RUSMAWATI DJ; RIFAI AFIN; RUSWAJI, RUSWAJI; ABID MUHTAROM

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 39-46
DOI: 10.47750/cibg.2021.27.03.006

This study identifies how the effect of COVID 19 spreads over in Indonesia area especially East Java where the population is the highest among other provinces and the number of positive cases of COVID 19 and may have economic impact both for the local and its neighbors’ areas. The data is dis-aggregated in the District Level (Kabupaten/Kota) and map code is taken from GADM, whereas the COVID 19 data are collected from the official local government website. The economic indicator represented is real regional product domestic which are provided quarterly by Badan Pusat Statistics (BPS). The period of analysis covers quarter two and quarter 3 of 2020. Generalized Spatial Two Stage Least Square (GS2SLS) in the Spatial Auto Regression (SAR) is applied to identify the spatial economic effects of the pandemic locally in East Java districts. The result shows that the pandemic does not have spatial effect meaning that it is does not spread among local neighbor significantly but mostly because traveling further than to their neighbors even though their economies contagious each other shown by the significance of variable regional income which is also confirmed by Moran Index. On the other side, the local variables such as population and sex ratio has also important on the economic performance of the regions in East Java.

Achieving Sustainable Development in Business: The Implementation of Environmental Management Practices by Small and Medium Enterprises

AINA SYUHAILA MUHAMAD; NIK HAZIMAH NIK MAT; SITI NUR ‘ATIKAH ZULKIFFLI

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 47-56
DOI: 10.47750/cibg.2021.27.03.007

Over the past two decades, the issue of sustainability has received mixed opinions from people, especially in business world. The concept of Sustainable Development has slowly changing the view of modernisation and growth for worldwide development activities. Small and Medium-sized Enterprises (SMEs) tend to be opposed to the idea. The purpose of this study is to evaluate the implementation of Environmental Management Practices (EMP) among SMEs in Malaysia. Using the Data Envelopment Analysis (DEA) model, this study employed barriers and motivations as an input, while sustainable development elements are taken as an output. Findings show that the implementation level of EMP varied among companies, which consequently influences their level of sustainable development. The implications of the finding are discussed based on the concept of Goal-Setting Theory to explain the nexus between the company’s ability to set the right environmental goals and employees’ understanding of the signals sent to support the company’s sustainable development.

The Effects of Income Tax on Investment Decisions in The Province of Portsmouth (2009- 2019)

KHALAT YOUSIF SALEH; JWAN SAEED HUSSEIN; NAWZAD MAJEED HAMAWANDY; RANJDAR MUSTAFA ALI

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 57-66
DOI: 10.47750/cibg.2021.27.03.008

This study explores the relationship between income tax and investment decisions in the province of Portsmouth. As stated by Martinelli (2017) income tax makes up to 30% of the total government revenue in the province of Portsmouth, England. A progressive income tax system is applied in the UK, which means that tax imposes higher rates on higher income earners unlike to those on a lower income, in other words, the higher income earners pay more taxes while the low-income earners pay less. However, as it is well known there are some individuals are entirely excluded from taxation, such as the disabled, the extremely low-income earners and other minority groups. Therefore, residents in the province of Portsmouth are discouraged from working hard, because the more they earn, the more burden of taxation they face. A key finding from the study is that the government will always support investment activities whenever income tax reduces. Among the ways of supporting investment activities is to ensure credit accessibility to both the large and small enterprises. Both primary and secondary research is used in performing the study. Secondary research helps obtain an understanding of the problem by looking at what previous researchers have done. Primary research was also conducted to help obtain firsthand information regarding the current problem. While employing a qualitative approach, with random sampling techniques, the obtained results, analysis, and conclusions are reliable.

Motivation And Compensation As Predictors Of Employees’ Retention: An Empirical Study Of A Public Sector Organization

DR.MANSOOR AHMED SOOMRO; DR.NAZAR HUSSAIN; DR.ABDULLAH MAITLO; IRFAN AHMED LASHARI

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 67-73
DOI: 10.47750/cibg.2021.27.03.009

Pakistan is a developing country, where employee retention is a fast-growing subject and it is considered a unique form of an idea. The unusual economic changes of today’s era are directly connected with the employees’ progress and growth in an organization, it is analyzed that the retention of employees’ is connected with his growth and promotions. If the employee is provided with timely and due promotions then these are retained otherwise they seek options to turnover. The study examined the impact of motivation and compensation on employee retention in Sui southern gas company Dadu. The data was collected from the very professional public sector Sui Southern Gas Company Limited Dadu in the form of 80 questionnaires from different employees of various SSGCL sections. The data are analyzed through statistical tests and multiple techniques. The results show that constant improvement in motivation level and practical exercise of compensation might bring improvement in employee‟ retention. Motivation and compensation are directly associated with employee retention. The recommendations of this study are very useful for the company’s (SSGCL) management, various strategies and implications are recommended for policymaking.   

Generating Teaching Innovation Among Teachers: What is the Role of School Administrators?

WAN ALI AKBAR WAN ABDULLAH; KHADIJAH ABDUL RAZAK; MOHD ISA HAMZAH

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 74-81
DOI: 10.47750/cibg.2021.27.03.010

Innovation is a skill that employees must possess in the future. Teachers must also have the expertise to innovate so that the quality of teaching provided reaches the set standards. However, various constraints have to be faced by teachers making it difficult for them to innovate. However, there are a handful of teachers successfully detected to consistently produce innovation. This phenomenon is interesting to explore. This study was conducted to explore the role played by administrators at the school level in stimulating innovative teachers to innovate. This study was conducted in the form of a case study. Data were collected through semi -structured and in -depth interviews. Findings show that administrators in schools take five roles to stimulate the production of innovation among teachers, namely; 1) as a trigger for an innovative work culture, 2) verbal communication, 3) leveraging innovation in school programs, 4) equally innovating, and 5) leveraging existing innovative teacher expertise. The findings of the study provide guidance to administrators to devise steps to successfully create an innovative teaching culture in their schools.

The Impact of Corona Virus (Covid-19) on E-Business in Pakistan

ARMAN KHAN; SAMMAN LIAQUAT; JAVED SHEIKH; ALI AKBAR PIRZADO

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 82-87
DOI: 10.47750/cibg.2021.27.03.011

This study documents the impact of Covid-19 on the E-Business in Pakistan.COVID-19 has a significant influence on public health and induces hasty changes in way of life, social distancing and home alienation, with social and economic implications. This indicates the socioeconomic expansion in the country has deteriorated. It's now messed up all sorts of industry on a global scale including the e-commerce sector. Big retailers had their stores turned off temporarily. In addition, due to declining footfalls, medium-sized and small-sized retailers are battling the situation. For fact, online companies are not off the list as well. Pakistan is also heavily impacted by them. Several e-commerce firms depend on China for most of their goods. In China, lockdown restrictions drastically decreased the production of goods, Thus it is expected to have a big impact on the Pakistan online sector, in particular Chinese goods. Primary research through a sample survey analysis is executed to boost outcomes.The result shows that because China is the biggest producer and the largest number of industries are locked. That’s why all the shipping processes which have hampered domestic economic growth are hindered by the influence of corona viruses.

A Survey of Default Risk Methodologies for Equity Pricing with a Focus on Advances in the Field of Default Risk Assessment and Equity Pricing in Pakistan

JAMIL AHMED; DR JAMEEL A KHILJI

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 88-95
DOI: 10.47750/cibg.2021.27.03.012

The aim of this study is to review the default risk modelling literature from the
perspective of Pakistan, where an effort has been put to cover the three classes of such models i.e.
Accounting, Structural and Logit based hazard models. As per review it is very clear that the first
two modelling techniques are extensively employed in Pakistan with Z-Score and KMV Merton
model as commonly used estimation technique. Hazard models are the least used due to data issues,
as for majority of delisted firms’ data is not available in data services like Thomson Reuters Eikon
and Bloomberg before 2000 and even local data sources like Pakistan Stock Exchange is not of
much help. Due to the reason Hazard Models are least employed for default risk estimation in
Pakistan along with neural network models being most neglected one with only one paper in 2020.
The review helps in identifying the gaps in this area of study, which include identification of models
for future research and data issues in Pakistan along with equity pricing implications.


The methodics of the teaching of russian in higher education

BARAKATOVA DILOROM AMINOVNA

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 96-100
DOI: 10.47750/cibg.2021.27.03.013

The methodology of the Russian language develops at the intersection of many
sciences, and methodologists and teachers need to rely on their achievements. A teacher cannot
but be simultaneously a psychologist, linguist, literary critic, didactic. The different and
multifaceted analysis of the database on the grammar of Russian is analyzed based on the latest
inquiries. The comparative insight on the Russian in higher educational institutions are proposed.


The national-cultural features of the language of modern advertising (Comparative study)

MUSTAQIMOVA QUNDUZ SOBIROVNA; ORZIYEVA LEYLO NAJIMOVNA

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 101-105
DOI: 10.47750/cibg.2021.27.03.014

In the contemporary world, advertising is presented to researchers multifaceted
phenomenon. A number of field of sciences are engaged in its study: journalism, sociology,
psychology, economics, Public Relations(PR), etc. The variety of approaches and methods of
studying the phenomenon of advertising proves its versatility and at the same time the complexity
of its study. Advertising as a complex socio-cultural phenomenon affecting all spheres of public
life has recently increasingly found itself in the center of scientific comprehension. The question
of its study is becoming important for a wide range of humanities. The national–cultural and
linguistic research of advertising is acquiring significant significance at the present time. At the
cultural level the modern advertising makes a great deal on the current business affairs.


An empirical analysis on financial development and bilateral trade flow nexus.

SHOMURODOV TOKHIR BOYMUROD UGL; KARIMOVA LATOFAT SADULLAYEVNA; OHUNOVA OYGUL USMONJON QIZI; QUZIYEVA GULNOZA RASHIDOVNA; RAHMONOV BEKZOD SHARIBJON UGLI

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 106-118
DOI: 10.47750/cibg.2021.27.03.015

This paper aims to analyze effect of the financial development level on bilateral trade
flows of China and its trading partners, by the results are escorted with a panel data of 60
countries (china`s trading partners) under the period 2003-2017. The impact of financial
development level on import and export flows of machine electronics, textile and machine
transport products is estimated by employing random effects model, fixed effects model and
Hausman-Taylor estimation methods. The results exhibit that China`s financial development has a
negative effect on import flows, while it has positive and significant impact on exports of China.
Additionally, it was found that financial development level of China`s trading partners is
negatively correlated with textile exports of China. These results reveal that financial development
level correlates differently with import and export flows.


The manifestation of the spiritual, moral ideas in the teachings of khoja ahmad yassawi and sulayman baqirghani

URAZMETOV МANGUBEK ТURSUNBOYEVICH

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 119-122
DOI: 10.47750/cibg.2021.27.03.016

This article discusses on two prominent scholars of sufism, Khoja Ahmad Yasawi, that
is, the “Yassaviya” tariqat and one of its prominent representatives, Suleiman Baqirghani (Hakim
ota), such factors as self-control, strengthening the will, self re-education in tasawwuf iare
considered.


Sustainable Green Supply Chain Management and Waste Management in Construction Industry

DR.D. BARANIKUMAR; MR.MESFIN LEGESE BIKILA; MR.GUDETA CHALA

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 123-127
DOI: 10.47750/cibg.2021.27.03.017

The contemporary trends of Green supply chain management (GSCM) are creating awareness within construction industries rapidly. It is functioning as a catalyst to realize competitive advantage and sustainability, environment consciousness and globalizing. Environmental pollution and global climate change have turned out to be one of the greatest challenges which have constrained governments and businesses alike to assess the environmental impacts of their activities. The green construction sector has therefore turn out to be critically important. Green supply chain management is taken into account as an environmental innovation in construction industry. At present scenario the environmental issues and the concern for sustainability is encouraging more effective usage of energy, water and material currently used, ensure the prevention of any kind of waste, perform environmentally sensible and eco-friendly building design and be environmentally friendly in the process of the construction. Industries are aware of their responsibilities about the environment depending on regulations. This leads to sustainable systems that will continue their processes without giving any harm to the environment. Environmental issues are seen at every step of supply chain that starts from getting the raw material and ends with reuse or recycle or disposal. Sustainability is very important to improve the quality of systems to have a healthy environment with high level of social, economic and environmental conditions to future generations. It identifies linkages between research and practice in the area of reverse supply chain and how it can facilitate the management of waste. The entire stream of research on reverse supply chains is motivated by the observations that by reusing, remanufacturing, and recycling used products/components it is possible to reduce landfill waste. This article is the benchmark of further research to find out the relationship between GSCM practices and construction industry for improving sustainability.

Brexit’s Impacts on The Arabian Gulf

CUNEYT YENIGUN; SULTAN ZAYID SALIM AL-MAMARI

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 128-136
DOI: 10.47750/cibg.2021.27.03.018

This study aims to highlight the most prominent effects of Brexit on the Britain-GCC countries’ relationship, by investigating the developments that occurred in the security and economic aspects after the referendum’s outcome in 2016 and drawing the future of this relationship. In addition, it is important to track the evidence that indicates Britain's return to the region as one of the important alternatives to compensate for its expected losses after Brexit. This study examines that Britain would play an important role in the economy and security of the GCC countries and in return, the GCC countries will help Britain to reduce the expected economic losses following the Brexit by using their sovereign funds to invest in the United Kingdom. It can be inferred that the future relationship between the two parties should be a “win, win” technique by activating their partnership and reducing barriers in order to reach free trade agreements.

Factors Influencing Investor's Perception Towards Mutual Funds In Tamil Nadu: A Study

Dr.S.C.B.SAMUEL ANBU SELVAN; Mr RAMRAJ G

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 137-143
DOI: 10.47750/cibg.2021.27.03.019

In India, retail investors generally depend on the information that provides neither inflation hedges nor positive absolute returns. Millions of investors have acquired new insights thanks to mutual funds, which have taken investment to their doorstep.  A mutual fund is an investment vehicle that pools money from several different investors and invests it in stocks, shares, short-term money market instruments, other securities or properties, or a combination of these. The primary motivation for investing in mutual funds is to earn a decent return with low risk. As a result, mutual fund success is largely the result of skilled fund managers' combined efforts and diligent investors. It is critical to understand mutual fund investors' needs and their preferences for mutual fund schemes, and their performance assessment in the current environment. This research aims to examine how investors in Tamil Nadu perceive mutual funds as an investment choice. A survey of over a hundred professional Tamilnadu investors is currently underway. A structured questionnaire was used to collect data, and descriptive statistical methods such as demographic analysis with simple percentages, rotation component matrix, and ANOVA test were used to analyze it. According to the results, age and marital status have no impact on investors' perceptions of mutual funds. Furthermore, factors such as benefits, Convenience, and reputation influence investors' purchasing behaviour. The research would benefit academics, market researchers, institutional investors, traders, distributors, and other potential investors. 

Marriage and Family Experience of Northeast India

DR JYOTI PRASAD KALITA

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 144-148
DOI: 10.47750/cibg.2021.27.03.020

Man is a gregarious animal; in other words man lives in social groupings. Understanding man and society implies appreciating and understanding the very nature of man and the structural organization of human society. This very nature of man not wanting to live in isolation but instead in association with fellow humans necessitated the need for man to create the institutions of the family and marriage, through which every individual in the social group develops an identity and a distinctive origin. Being one of the matriarchal tribes of the world here the woman’s side offers the marriage and the houses bear the name of a woman instead of a man and they consider their descent through the female line. Though they have their age old cultural beliefs and practices for marriage, due to some external factors there seem to be a transition in their marriage system.

The Role of Social Crowdsourcing in Mobile Tourism

DR.PANKAJ KUMAR TYAG; AJIT KUMAR SINGH; DR.VIKRAMJIT SINGH; PRIYANKA TYAGI

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 149-161
DOI: 10.47750/cibg.2021.27.03.021

Social networks and online communities are increasingly becoming a big player in the field of tourism marketing. Consumer behavior is increasingly more influenced by the information exchanged on these communities. Being a community of individuals linked together based on different criteria such as geographic positioning, centers of interest and needs that may be close or similar, social media users can exchange views, opinions, experiences, their recommendations or their disclaimers. This allows to consider the social networks or online communities as a source of information, procurement and learning
The purpose of this study is to investigate the behavior of tourists towards using a mobile application which is based on the sharing of feedback and opinions of other fellow travelers. We have used a predesigned questionnaire for conducting the survey. The questionnaire was designed to analyze a user’s behavior towards the use of mobile technology during a trip and the impact of their reviews on others.

The Antibactrial and Antifungal Activity of Salix Aegypitica L Root and Leave Extraction

SHNO ABDALQADIR SOFI; MAAROOF RASUL ABDALRAHMAN

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 162-168
DOI: 10.47750/cibg.2021.27.03.022

Musk Willow is also known as Salix aegyptiaca L. In the Middle East, especially in Iran, S. aegyptiaca extracts and essential oils are important areas in drug production with some pharmacological activities. S. aegyptiaca has long been used in herbal medicine to treat anemia and vertigo, as well as a cardiotonic and a fragrance additive in the preparation of local candies. Recently, it was discovered that S. aegyptiaca has antioxidant, anxiolytic, and hypocholesterolemic properties. The leaves of this plant contain high levels of phenols and flavonoids such as gallic acid, caffeic acid, myricetin, catechin, quercetin, and salicin. The major constituents of the essential oil in leaves of S. aegyptiaca were classified as 1,4-dimethoxybenzene, phenylethyl alcohol, carvone, citronellol, methyleugenol, eugenol, n-tetradecane, and 4-methoxyacetophenone. This plant has become both food and medicine in Iran due to its ease of selection, widespread distribution, and remarkable biological activities. This review provides in-depth analysis of the botanical, chemical, and pharmacological aspects of Aedes aegyptiaca.

The Bark Extraction of Salix Aegyptiaca L Antibacterial Activity

MAAROOF RASUL ABDALRAHMAN; SHNO ABDALQADIR SOFI

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 169-171
DOI: 10.47750/cibg.2021.27.03.023

The use of plants as a source of medicine has been a part of life in the world since ancient times. Many modern pharmaceuticals are based on plant-based drugs, and they are used to treat a range of illnesses in today's society. The aim of this research was to identify alternative compounds that could be used in the production of antimicrobial compounds. It is expected that a compound that can be used as a raw material for antimicrobial agents will be discovered. Salix alba has been used as medicine for a long time. We conclude that Salix aegyptiacabark extract can be used as a safe and effective drug for Candidiasis based on the results.

Factors influencing Employee Engagement in Public and Private Sector Banks in Chhattisgarh

R. VIJAYALAKSHMIA ,; DR.ASHOK KUMAR CHANDRA; PROF. MAHESH KUMAR SOMA

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 172-179
DOI: 10.47750/cibg.2021.27.03.024

Employee involvement is regarded by many as a modern human resource strategy that helps companies to deal with volatile and turbulent market conditions. However, the research community in the banking industry is still searching for predictors of employee engagement. In Chhattisgarh, the banking sector is regarded as a place to work that respects the needs of each individual employee while also inspiring them to achieve their individual goals. The aim of this study was to highlight the needs of various individuals as well as the organization's expectations. Understanding generation Y (Gen Y) specific characteristics, desires, and aspirations, which are critical in today's context, is emphasised. Understanding how Gen Y workers act and what motivates them, as well as how they vary from Gen X employees, is a major focus. Better results are achieved by banks that are eager to understand their customers' needs and willing to support their employees' growth. A standardised questionnaire was used to collect data from 412 respondents in selected cities of public and private sector banks in Chhattisgarh. In addition, the element "work satisfaction" is used to examine individual personal differences in the organization's success.

Need and scope for revival of Indian banking and insurance sector in post covid-19 period: A conceptual study

ABHAY KAMAT; DR.KADAMBINI KATKE

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 180-184
DOI: 10.47750/cibg.2021.27.03.025

Covid-19 widely known as (Corona Virus) had its fair share in disrupting the overall economic activities across the globe and so is in India. Banking and insurance sector largely regulate economic activities. In India, most of the economic activities are backed by the diversified small, medium, and big monetary institutions. As the economic witnessed standstill during lockdown, corporate and retail clients had posed credit risk for banks. Information technology and digitalized payment options supported in smooth transition and aided business continuity. Insurance as a commodity has gained prominence during and aftermath of the pandemic. Prior to the healthcare crisis, only 10 percent of people in India bought health insurance, now 71 percent and above people consider health insurance is necessary weapon to fight against the unforeseen pandemics like Covid-19. At this stage, it is important to understand the impact of such emergencies on banking and insurance sector to enable appropriate revival strategies to assure required economic support for business and country at large. This conceptual paper attempts to review and analyze the need for and revival strategies adopted in the banking and insurance sector. Framework for the study is built based on online and off-line literature review and the corporate white papers published. Further this study proposes strategies to fill the gap between economic need and operational functioning of the sectors. The scope of this paper would be to throw some light on the challenges faced by banking in the form of credit risk, NPA’s and Insurance sector in India and the measures for sustainable future.

Impact of Ownership Structure on the Performance & Profitability of Banks.

DR.SURESH. G; ITTAMALLA SONA ANGEL; MARY LAVANYA. F

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 185-192
DOI: 10.47750/cibg.2021.27.03.026

The Ownership structure of Banks play an important role in determining the profitability and performance of the banks. The Banks performance acts as a major issue for the policy decision makers since it is the substratum for the stability and smooth functioning of the banking system. Thus, we tend to we focus on bank ownership defined as the amount of direct equity held by a majority shareholder in the banks who are categorized into concentrated ownership, moderate ownership, & Dispersed Ownership structure. In this article we have made an attempt to systematically review each paper and analyze the impact of Banks Ownership structure on the performance and profitability of the Banks in emerging economies and also the common methodologies and models used by the research scholars in their work. Thus, presenting a systematic review paper. In line with the literature, we present the following analyses of the Scholars. Concentrated Ownership structure leads to increase in Bank’s value & Performance & is also highly profitable whereas banks with Dispersed ownership structure are said to have lower return on asset & high performance & banks with Moderate ownership structure would lead to increase in return on equity. Government Owned banks on the other hand are proved to have higher credit risk, & higher insolvency risk & also have efficient loan quality and finally Foreign Ownership is said to have higher efficiency and competitiveness.

Behavioral Challenges of Technology Adoption among Bank Employees: A TAM perspective

DR.KADAMBINI KATKE

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 193-196
DOI: 10.47750/cibg.2021.27.03.027

Technology transition is norm for any business survival and growth. Across the globe business environment doesn’t permit any leverage on technology adoption.  The recent pandemic further made it mandatory for every organization to transform into technology enabled business operation. Many sectors were forced to adopt faster technology change to keep pace of business. Banking sector is no exception for this. After merging under single umbrella SBI has initiated technology transition and attempting to offer technology at fingertips both for its employees and customers. In recent press release SBI announced adoption of automation, AI and Machine learning in most of its back-end jobs for operational efficiency and cost advantage. These initiatives cannot be deployed in isolation; it has to have human interface to complete business process. And natural human response for any change is resistance. This is not easier transition rather this is continuous process with many challenges. The major issues are employees’ adoptability to the changing technology in the job performance. Individual perception and intentions are major determinant factors for any technology adoption. Technology Adoption Model elaborately explains human behavioral responses to new technology. Perceived usefulness and Perceived ease of use are two major attributes to the behavior intentions. This study attempts to test these attributes among bank employees with respect to implementation of information technology in banking service. Resistance for any change is human nature, but preparedness to overcome this resistance is need of hour for organizational and employee survival.

The covid-19 in India- impacts on the economy and the automobile sector

MRS.LAVANYA P B; DR.SUBBA RAYUDU THUNGA; DR.N.Y. RAJU

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 197-201
DOI: 10.47750/cibg.2021.27.03.028

This paper demonstrates the impact of lockdown in Indian economy particularly on automobile sector. The outcome proves that depending on the period of the lockdown, the Indian economy expected to face a loss of about 10-31% of its Gross Domestic Product and production loss is estimated on automobile sector is Rs 2300 crore per day. This study discusses the impact of covid-19 on economy, particularly on automotive sector. This is a secondary research work wherein aim is to study the potential impact of the novel covid-19 on automotive sector. The methodology adopted includes in-depth review and analysis of various reputed published journals, research works, articles, news paper reports and web sources. The study concludes that impact of corona virus is long term and adverse.  It is the turn of Indian automotive industry to grab opportunities and flourish.

Revealing the Effect of Work-From-Home on Job Performance during the Covid-19 Crisis: Empirical Evidence from Indonesia

Donny Susilo

Journal of Contemporary Issues in Business and Government, 2020, Volume 26, Issue 1, Pages 23-40

This study aims to determine the effect of work-from-home on job performance. It proposes work environment, job satisfaction and work motivation as mediating variables, and answers how work-from-home affects employee performance through them. The study has implications for business practitioner who intend to measure the effectiveness of their work-from-home policies. This is especially pertinent during the coronavirus crisis. The original contribution of this study lies within its questionnaire that has been attuned to changes caused by COVID-19. Data collection was completed by distributing an online questionnaire to workers in Indonesia. The questionnaire with a Likert scale was sent to approximately 2720 employees by email and a link was also shared on social media. The survey attracted 330 respondents. To answer the research questions, this study used structural equation modelling. The output revealed that working from home, employees experienced greater enjoyment, satisfaction and motivation thus enhancing job performance. While the validity of this research is constrained in scope to how these benefits are manifested in Indonesia, there may be external validity among other countries affected by COVID-19.

Investigating the relationship between competitive intelligence and risk dimensions and job performance of employees in Kerman Saderat bank branches

ALI BARAKCHI; MALIKEH BEHESHTIFAR; MAHMOOD NEKOIE MOGHADAM

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 2, Pages 5-18
DOI: 10.47750/cibg.2021.27.02.002

The aim of this study was to investigate the relationship between competitive
intelligence and risk-taking with the employees' job performance in Kerman Saderat bank
branches in 2015. The method of study was descriptive and correlation. The statistical population
of this study included all 251 employees of Saderat Bank in Kerman that by using Cochran
formula a sample size of 152 people was selected. In this study, three questionnaires of
competitive intelligence with 0.91 validity and 0.93 reliability and risk taking questionnaire with
0.93 validity and 0.95 reliability and job performance questionnaire with 0.92 validity and 0.84
reliability were used. The collected data were analyzed by using Smart PLS 2. The results showed
that there is a relationship between competitive intelligence and risk-taking and the job
performance among the employees working in Kerman Saderat bank branches. Among the
components of competitive intelligence; a direct and significant relationship was found between
technical knowledge and strategic and social knowledge with job performance of the employees.
Among the risk taking components; the two components of credit risk, operational risk, and
market risk were significantly correlated with job performance of the employees. Therefore, it is
recommended that the bank managers have a correct and scientific management of the bank assets
and debts and they assess their own current and potential competitors to take step toward a better
performance of the employees in order to have growth and profitability in the banks and attract
financial resources.


Quality indicators and commodity of apple varieties

BEYAHMEDOV I.A

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 2, Pages 1-4
DOI: 10.47750/cibg.2021.27.02.001

The article was informed about research results related to the commodity and quality
indicators to Azerbaijan introduced varieties of apples. The analysis carried out in the north-east
of the country- in the conditions of Guba, Gusar, Shabran regions on the cultivated apple varieties.
This time were analyzed in the following varieties:
- The sorts as Qala, Conaqored, Qrani Smit, Fuji, Simirenko reneti, Qolden Delişse x 972,
Conaqold growned on the grafted of the wild forest apple in the area 5x4 m in 2005 in the village
Timiryazev of the Quba region;
- The sorts as Conaqored, Golden Reinders, Grani Smith, Aydared, Red Vinter, Fuji growned on
the grafted of M-9 in the area 4x1,25m in 2008-2009 in the village Teni hayat of the region
Gusar;
- The sorts as Qala, Conaqored, Qrani Smit, Fuji, Simirenko reneti, Qolden Delişse x 972,
Conaqold growned on the grafted of M-9 in the area 5x3 in 2008-2009 in the village
Dashliyataq of the region Shabran.
The research was carried out on the generally accepted methods on basics of gardening. This
time,the average weight of the fruit was on the basis of the average weight of 100 fruit: many
large - weighing more than 175 g; large - weighing 175-126 g; average - mass 125-101q; small -
weighing 100-76 g; very small - weighing less than 76 grams.
The study chemical composition of apple varieties was carried out in the technology,
biochemistry and fruit processing laboratory of SRIFT. This time, basically has been identified
total and soluble dry substance, sugar, coloring ingredients, ascorbic acid. The soluble dry matter
by refractometric method, vitamin C with the help of Tilsman reagent, sugars according to
Bertrand, coloring items according to Leventhal and Neybayep has been identified .
It was determined that grafted onto the cultivated varieties wild apple woods product intended
for processing industry in comparison, in varieties grown on grafted clone more storage and for
use in case of fresh fruit. The analysis determined that Cır Hajı from local varieties indicators lag
behind a lot introduced new apple varieties despite the fact that dominating according to the
chemical composition the apple varieties introduced earlier.


The Attitudes Of VAT Taxpayers Toward The Use Of E- Tax Systems And Their Impact On Tax Compliance: A Field Study Of Tabuk Region

Dr. Oglah Nawash Ershaid

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 1, Pages 1-19

This study aims to identify the attitudes of value-added tax taxpayers towards e-tax systems and their impact on tax compliance. As such, this study answers questions about the Attitude of VAT payers towards e-tax systems, and whether it has an impact on the adoption of these systems as well as tax compliance. This paper has been composed based on two theories: Theory of Reasoned Action and Technology Acceptance Model (TAM) with the integration of the following variables: adoption of tax systems, tax compliance, and computer skills. This study revealed that a positive attitude has been shown as well as an adoption of e-applications by value-added taxpayers. In addition, this study indicated that there is compliance with this value-added tax. Furthermore, findings also showed that there is statistical significance of technical computer skills on adopting e-applications, taxpayers’ attitudes, and their adoption of e-applications in compliance with value-added tax. Finally, findings have shown that there is an effect of taxpayers' adoption of e-applications as a mediating variable on the relationship between the attitudes of taxpayers towards e-applications and tax compliance.

Factors Affecting Smartphone Purchase Decisions of Generation-Y

Nushrat Shabrin, Sarod Khandaker, Saad Bin Abul Kashem, Chan Kit Hie, Teresa Susila

Journal of Contemporary Issues in Business and Government, 2017, Volume 23, Issue 1, Pages 47-65

Smartphones have become an indispensable part of daily life of GenerationY. Currently, Generation-Y accounts for the biggest proportion of the Malaysian population, and they are the main users of smartphones. The main objective of this research is to determine the factors influencing the smartphone purchase decisions of Generation-Y. Based on a literature review and survey, this study finds seven factors that influence smartphone purchase decisions: brand, convenience, dependency, price, social influence, product feature and social needs. The research used a questionnaire with a 5-point Likert scale for data collection and a sample of 152 respondents (Generation-Y) from the Kuching region of Malaysia. We find evidence that social influence, product feature, and brand image have significant positive impacts on the smartphone purchasing decisions. Other factors, such as convenience, dependency, price and social needs were statistically insignificant.

Revealing the Effect of Work-From-Home on Job Performance during the Covid-19 Crisis: Empirical Evidence from Indonesia

Donny Susilo

Journal of Contemporary Issues in Business and Government, 2020, Volume 26, Issue 1, Pages 23-40

This study aims to determine the effect of work-from-home on job performance. It proposes work environment, job satisfaction and work motivation as mediating variables, and answers how work-from-home affects employee performance through them. The study has implications for business practitioner who intend to measure the effectiveness of their work-from-home policies. This is especially pertinent during the coronavirus crisis. The original contribution of this study lies within its questionnaire that has been attuned to changes caused by COVID-19. Data collection was completed by distributing an online questionnaire to workers in Indonesia. The questionnaire with a Likert scale was sent to approximately 2720 employees by email and a link was also shared on social media. The survey attracted 330 respondents. To answer the research questions, this study used structural equation modelling. The output revealed that working from home, employees experienced greater enjoyment, satisfaction and motivation thus enhancing job performance. While the validity of this research is constrained in scope to how these benefits are manifested in Indonesia, there may be external validity among other countries affected by COVID-19.

Factors Affecting Smartphone Purchase Decisions of Generation-Y

Nushrat Shabrin, Sarod Khandaker, Saad Bin Abul Kashem, Chan Kit Hie, Teresa Susila

Journal of Contemporary Issues in Business and Government, 2017, Volume 23, Issue 1, Pages 47-65

Smartphones have become an indispensable part of daily life of GenerationY. Currently, Generation-Y accounts for the biggest proportion of the Malaysian population, and they are the main users of smartphones. The main objective of this research is to determine the factors influencing the smartphone purchase decisions of Generation-Y. Based on a literature review and survey, this study finds seven factors that influence smartphone purchase decisions: brand, convenience, dependency, price, social influence, product feature and social needs. The research used a questionnaire with a 5-point Likert scale for data collection and a sample of 152 respondents (Generation-Y) from the Kuching region of Malaysia. We find evidence that social influence, product feature, and brand image have significant positive impacts on the smartphone purchasing decisions. Other factors, such as convenience, dependency, price and social needs were statistically insignificant.

Moderating effect of government regulations on the determinants of customer loyalty for cellular service providers in Pakistan

Beenish Tariq, Hammad Najam, Nik Kamariah Nik Maat, Heesup Han

Journal of Contemporary Issues in Business and Government, 2020, Volume 26, Issue 1, Pages 1-22

Customer loyalty has become essential for the survival/success of cellular service providers with the saturation and maturity of the cellular service sector of Pakistan. This research focuses on the direct determinants of customer loyalty of the prepaid segment in the cellular service sector of Pakistan. This study investigates the direct influence of perceived service quality, sales promotion and perceived corporate social responsibility on customer loyalty, and explores the role of government regulations as a moderator that affects the relationship between customer loyalty and its determinants (perceived service quality, sales promotions, perceived corporate social responsibility). This study also provides some valuable insights for the cellular service sector of Pakistan

Quality indicators and commodity of apple varieties

BEYAHMEDOV I.A

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 2, Pages 1-4
DOI: 10.47750/cibg.2021.27.02.001

The article was informed about research results related to the commodity and quality
indicators to Azerbaijan introduced varieties of apples. The analysis carried out in the north-east
of the country- in the conditions of Guba, Gusar, Shabran regions on the cultivated apple varieties.
This time were analyzed in the following varieties:
- The sorts as Qala, Conaqored, Qrani Smit, Fuji, Simirenko reneti, Qolden Delişse x 972,
Conaqold growned on the grafted of the wild forest apple in the area 5x4 m in 2005 in the village
Timiryazev of the Quba region;
- The sorts as Conaqored, Golden Reinders, Grani Smith, Aydared, Red Vinter, Fuji growned on
the grafted of M-9 in the area 4x1,25m in 2008-2009 in the village Teni hayat of the region
Gusar;
- The sorts as Qala, Conaqored, Qrani Smit, Fuji, Simirenko reneti, Qolden Delişse x 972,
Conaqold growned on the grafted of M-9 in the area 5x3 in 2008-2009 in the village
Dashliyataq of the region Shabran.
The research was carried out on the generally accepted methods on basics of gardening. This
time,the average weight of the fruit was on the basis of the average weight of 100 fruit: many
large - weighing more than 175 g; large - weighing 175-126 g; average - mass 125-101q; small -
weighing 100-76 g; very small - weighing less than 76 grams.
The study chemical composition of apple varieties was carried out in the technology,
biochemistry and fruit processing laboratory of SRIFT. This time, basically has been identified
total and soluble dry substance, sugar, coloring ingredients, ascorbic acid. The soluble dry matter
by refractometric method, vitamin C with the help of Tilsman reagent, sugars according to
Bertrand, coloring items according to Leventhal and Neybayep has been identified .
It was determined that grafted onto the cultivated varieties wild apple woods product intended
for processing industry in comparison, in varieties grown on grafted clone more storage and for
use in case of fresh fruit. The analysis determined that Cır Hajı from local varieties indicators lag
behind a lot introduced new apple varieties despite the fact that dominating according to the
chemical composition the apple varieties introduced earlier.


Investigating the relationship between competitive intelligence and risk dimensions and job performance of employees in Kerman Saderat bank branches

ALI BARAKCHI; MALIKEH BEHESHTIFAR; MAHMOOD NEKOIE MOGHADAM

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 2, Pages 5-18
DOI: 10.47750/cibg.2021.27.02.002

The aim of this study was to investigate the relationship between competitive
intelligence and risk-taking with the employees' job performance in Kerman Saderat bank
branches in 2015. The method of study was descriptive and correlation. The statistical population
of this study included all 251 employees of Saderat Bank in Kerman that by using Cochran
formula a sample size of 152 people was selected. In this study, three questionnaires of
competitive intelligence with 0.91 validity and 0.93 reliability and risk taking questionnaire with
0.93 validity and 0.95 reliability and job performance questionnaire with 0.92 validity and 0.84
reliability were used. The collected data were analyzed by using Smart PLS 2. The results showed
that there is a relationship between competitive intelligence and risk-taking and the job
performance among the employees working in Kerman Saderat bank branches. Among the
components of competitive intelligence; a direct and significant relationship was found between
technical knowledge and strategic and social knowledge with job performance of the employees.
Among the risk taking components; the two components of credit risk, operational risk, and
market risk were significantly correlated with job performance of the employees. Therefore, it is
recommended that the bank managers have a correct and scientific management of the bank assets
and debts and they assess their own current and potential competitors to take step toward a better
performance of the employees in order to have growth and profitability in the banks and attract
financial resources.


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