Journal of Business and Economic Development

Volume 5, Issue 1, March 2020

  • Modeling Macroeconomic Variables Using Principal Component Analysis and Multiple Linear Regression: The Case of Ghana’s Economy

    Eyiah-bediako Francis, Bosson-amedenu Senyefia, Otoo Joseph

    Issue: Volume 5, Issue 1, March 2020
    Pages: 1-9
    Received: Dec. 25, 2019
    Accepted: Jan. 04, 2020
    Published: Jan. 13, 2020
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    Abstract: The paper sought to model the relationship between GDP and 29 macroeconomic variables in Ghana using the Principal Component Analysis and multiple linear regression. Economic data with 583 data points were collected from January, 1990 through to May, 2018. The KMO statistics was 0.750 and the Bartlett's Test of sphericity statistic obtained for the... Show More
  • Assessment of Impact of Fuel Subsidy Removal on Socio-economic Characteristics: A Survey of Households in Maiduguri, Borno State, Nigeria

    Abdulkadir Baba Mohammed, Funmilola Fausat Ahmed, Abdulkabir Niran Adedeji

    Issue: Volume 5, Issue 1, March 2020
    Pages: 10-20
    Received: Dec. 27, 2019
    Accepted: Jan. 27, 2020
    Published: Feb. 11, 2020
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    Abstract: Subsidy has been one of the means of trickling economic effect down to reach majority adopted by many countries, including Nigeria. Recently, in Nigeria, subsidy on petroleum was removed which has led to a great macro-based debates. However, a study on such effect on individual might better provide important information on the impact of the policy,... Show More
  • Research of Financial Support for Agricultural Development

    Sun Yan

    Issue: Volume 5, Issue 1, March 2020
    Pages: 21-25
    Received: Jan. 15, 2020
    Accepted: Jan. 27, 2020
    Published: Feb. 12, 2020
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    Abstract: Agriculture is an important industry that affects the national economy and people's livelihood. It is also an important guarantee for supporting the development of industry and service industry, and plays a fundamental role in the entire national economy. With the development of science and technology since the new century, the various policies iss... Show More
  • Role of Stakeholder Management on Firm Performance: An Empirical Analysis of Commercial Banks in Nairobi City County, Kenya

    Jane Ontita, Godfrey Muigai Kinyua

    Issue: Volume 5, Issue 1, March 2020
    Pages: 26-35
    Received: Jul. 09, 2019
    Accepted: Sep. 10, 2019
    Published: Feb. 26, 2020
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    Abstract: The survival and success of any business enterprise in the globalized economies is highly linked to access of valuable resources that are predominantly in the hands of stakeholders. The highly volatile business environment characterized with ever changing behavior of stakeholders makes it critical for organization to constantly pursue practices wit... Show More
  • Top Management Team Psychological Characteristics and Organizational Performance

    Joseph Odongo Oketch, James Mutuku Kilika, Godfrey Muigai Kinyua

    Issue: Volume 5, Issue 1, March 2020
    Pages: 36-43
    Received: Feb. 07, 2020
    Accepted: Feb. 20, 2020
    Published: Mar. 02, 2020
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    Abstract: Previous strategic management researchers have argued that TMT psychological characteristics have the potential to significantly affect organizational performance. Some of these previous scholars have argued that inquiry into the influence of TMT psychological characteristics on organizational performance should start by examining the process by wh... Show More
  • Impact of Social Media in Coffee Retail Business

    Ersoy Ayse Begum, Keceli Yavuz, Kwiatek Piotr

    Issue: Volume 5, Issue 1, March 2020
    Pages: 44-55
    Received: Jun. 18, 2019
    Accepted: Feb. 07, 2020
    Published: Mar. 17, 2020
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    Abstract: Retail coffee business has been growing fast in the Middle East countries particularly during the last decade. High penetration rates of mobile communication devices such as smart phones and high usage of Social Media make the coffee retails in the region with Fee WIFI access, very attractive off-line and on-line social venues. The growth of intern... Show More