Journal of Management Studies and Development

Establishing Employee Commitment: Respect or Pay?

Aimon Iqbal, Nousheen Munawar, Imran Ali, Nousheen Fatima — Sat, 30 Dec 2023 00:00:00 +0000

This research delves into whether employees prioritize workplace respect or Pay Satisfaction for their commitment to an organization, focusing specifically on the service sector, notably the banking industry. The overarching goal is to discern the determinants influencing employees' decisions to remain loyal to their current position or explore alternative job opportunities. Employing a cross-sectional, causal, and quantitative approach, primary data was collected through a structured and close-ended questionnaire targeting banking sector staff. The study revealed that employees exhibit divergent preferences, with some valuing respect at the workplace more than others. While pay satisfaction was identified as a correlated factor in employee commitment, the emphasis on workplace respect was notably higher. The research employed regression analysis to dissect the nuances of these preferences within different employee groups, shedding light on the varying intensities associated with each choice.

Financial Inclusion and Psychological Wellbeing: A Systematic Review

Abdulmalik Atta — Thu, 18 Jan 2024 00:00:00 +0000

The focus of this study is to evaluate the literature on the connections between financial inclusion and psychological wellbeing through a systematic review. The results implied that the literature utilized financial services, capacity, resilience, and financial awareness to measure financial inclusion. Indicators of psychological well-being include contentment and happiness, good housing and health, ownership of assets, financial security, and accessibility to sanitation services. Financial inclusion results in greater financial wellness, which benefits psychological wellbeing. Therefore, there is need for proactive measures to ensure that the financially excluded people are integrated into the financial system, which will improve their psychological wellbeing.

Shared Instructional Leadership of School Administrators: Its Relationship to Teachers’ Self-Efficacy

Marcian Xavier Romero — Mon, 19 Feb 2024 00:00:00 +0000

The study determined the relationship between shared instructional leadership among school administrators and teachers' self-efficacy. The study employed a concurrent parallel mixed method using a descriptive-evaluative-correlational research design. The descriptive design was used to ascertain the level of shared instructional leadership of school administrators and teachers and the level of self-efficacy of teachers. The evaluative design was employed to underscore the significant differences between shared instructional leadership and self-efficacy among groups of respondents. Meanwhile, the correlational design assessed the critical relationship between shared instructional leadership and teachers' self-efficacy. Data revealed that administrators and teachers have a very high level of shared instructional leadership and self-efficacy, which was derived based on the survey's descriptive results. There was a significant difference among groups of respondents and no statistically significant difference among shared instructional leadership and self-efficacy. The alternative hypothesis that no meaningful relationship exists between shared instructional leadership and teacher self-efficacy was also accepted.

Determinant Factors in Stock Returns of Food and Beverage Industry Companies in Indonesia

Muhammad Amin Fatkur Rohman, Saefudin — Thu, 29 Feb 2024 00:00:00 +0000

This study aims to analyze the influence of internal and external factors on stock returns in destroying the food and beverage industry listed on the IDX from 2011 to 2021. The sample in this study used a purposive sampling technique or was based on specific criteria with 12 companies. This research data is panel data, namely a combination of times series and cross-section data, which is tested statistically using Stata. Three data analyses are used: model estimation test, model selection, and static panel regression model estimation results with the criterion of a P value < 0.05, so there is a significant influence between the independent and dependent variables. The research results prove that the best model chosen is the CEM model. The research results demonstrated that the variables ROE (P Value: 0.543 > 0.05), DER (P Value: 0.491 > 0.05), interest rates (P Value: 0.373 > 0.05), and inflation (P Value: 0.165 > 0.05) statistically does not affect stock returns. However, the exchange rate variable (P Value: 0.005 < 0.05) significantly impacts stock returns. The research results also prove that ROE, DER, interest rates, exchange rates, and inflation can explain stock returns of 12.30%. In comparison, the remaining 87.70% is influenced by other variables not included in the research.

The Impact of Human Development Index, Minimum Wage, Labor Force Participation Rate, and Open Unemployment Rate on Economic Growth

Toni Irawan, Rifki Khoirudin — Sun, 03 Mar 2024 00:00:00 +0000

This research aims to identify factors influencing the economic growth of Bali Province. The dependent variable used is economic growth, while the independent variables include the Human Development Index, Provincial Minimum Wage, Labor Force Participation Rate, and Open Unemployment Rate. The research employs a quantitative method, utilizing panel data regression with the Random Effect Model (REM). The findings reveal that the Open Unemployment Rate and Provincial Minimum Wage variables significantly and negatively impact economic growth. Conversely, the Labor Force Participation Rate variable significantly and positively influences economic growth. However, the Human Development Index variable does not demonstrate a significant impact and holds a positive value on economic growth.