Home Volume 4 No. 2 June 2014
1.

Environmental Factors and Entrepreneurial Intention among

Nigerian Students in UUM

Esuh Ossai-Igwe Lucky and Najafi Auwalu Ibrahim

ABSTRACT

This study examined the influence of environmental factors on the entrepreneurial intention of Nigerian students in UUM focusing in environmental support and environmental influence. A cross-sectional research design with quantitative questionnaire approach was conducted. The study used convenience sampling technique to select 159 participants who provided information on the environmental support, environmental influence and entrepreneurial intention of Nigerian students in UUM. A multiple regression analysis technique was employed for the data analysis. The result of the analysis revealed that neither environmental support nor environmental influence is significantly related to entrepreneurial intention of Nigerian students in UUM. The study concludes that both entrepreneurial orientation and entrepreneurial skill are essential factors required to realize entrepreneurial intention by the Nigerian students in UUM. Discussion on the finding is highlighted and the implication of the study including its limitations is also provided.

Keywords: Entrepreneurial orientation, environmental support, environmental influence, entrepreneurial intention, UUM.

PDF[187-203]

2.

Strategic Entrepreneurship Element from Theory to Practice

Parvaneh Gelard and Emadoddin Ghazi

ABSTRACT

During the recent years, strategic entrepreneurship is one of the new topics globally emerged in the field of entrepreneurship. By combining the aspects of strategic management and entrepreneurship, a proper model of strategic entrepreneurship can be provided. Thus, the study of the concept of strategic entrepreneurship and its dimensions has been the concern of the scientists and researchers of entrepreneurship. The purpose of this research is to identify the various dimensions of strategic entrepreneurship as well as to identify the dimensions of strategic entrepreneurship of the start-up businesses in Iran. Therefore, the required information was collected by a questionnaire completed by the top Iranian entrepreneurs during 2007 to 2012, and the hypotheses of the research were evaluated by using one-sample test. Based on the results of statistical studies, the factors such as the entrepreneurial mindset, innovation, capitals mobilization, entrepreneurial management and leadership, the simultaneous attention to strategic entrepreneurship, management and growth and finally profitability were confirmed. The results of this research can be valuable and beneficial to the start-up business owners, as well as to the researchers in the field of entrepreneurship and the new fields of strategic entrepreneurship.

Keywords: Strategic entrepreneurship, entrepreneurship, strategic management, start-up business, top entrepreneurs.

PDF [205-219]

3.

The Effect of Banking Quality Services in the Level of Customer Satisfaction: A Case Study on Commercial Bank Operating in Jordan

Hamza Ali Al-Shatanawi, Abdullah Osman and Mohd Suberi Ab Halim

ABSTRACT

This study aimed to identify the effect of the banking quality services in the level of customer satisfaction on a field study of commercial banks operating in Jordan. The researcher adopted the descriptive and analytical concepts to highlight on the subject of the study, analysis and extrapolation of the results, through polled a random sample of (240) members of the customer. To achieve the objectives of the study questionnaire was designed to gather preliminary information from the study sample and in light of that has been collecting and analyzing data and test hypotheses using the Statistical Package for Social and Human Sciences (SPSS). This study has come to: the presence of trace of the dimensions of service quality in customer satisfaction levels and at different levels.

Keywords: Service quality, customer satisfaction, banking quality.

PDF [221-230]

4.

Determining Critical Success Factors Related to Project in Low Carbon Construction: A Review

Vignes Ponniah, Radzi Ismail and Mohd Wira Mohd Shafiei

ABSTRACT

The construction sector has started to embraced green policy in construction activities as part of support to government in promoting and developing sustainable development in the country. However not much had been done to determine the critical success factors of low carbon construction in Malaysia. This studies attempts to review the literatures in relation to critical success factors by project in low carbon construction. By studying and analysing the literature review carried out by researchers in countries around the world, it is identified that there are three categories of critical success factors for low carbon construction related to project. The critical success factors are categorized into factors related to pre-construction phase, operation phase and delivery phase of construction. Research findings in this study provide valuable references to guide the developers and project managers towards achieving success in low carbon construction in the country.

Keywords: Critical success factors, low carbon construction, project success.

PDF [231-246]

5.

Linking Entrepreneurial Orientation and Business Performance: The Examination toward Performance of Cooperatives Firms in Northern Region of Peninsular Malaysia

Dzulkarnain Musa, Abdullah Abdul Ghani and Shuhymee Ahmad

ABSTRACT

Studies on entrepreneurial orientation (EO) and its influence on the performance of business firms have received widespread attention in the fields of entrepreneurship and strategy. A survey was conducted to assess the influence of five constructs of EO, including innovativeness, proactiveness, risktaking, autonomy and competitive aggressiveness toward the firm’s business performance to provide additional knowledge on this subject. Assessments took place at the company level involved 104 cooperatives firms in the Northern region of Peninsular Malaysia. Multiple regression analysis carried out revealed that only the innovativeness and proactiveness constructs had significant and positive relationship with the firm's business performance. On the other hand, the constructs of risk-taking, autonomy and competitive aggressiveness do not show significant relationship with the firm's business performance. These findings are useful for a better understanding of strategies of entrepreneurial orientation and its role in improving business performance in the cooperative sector.

Keywords: Business performance, entrepreneurial orientation, cooperatives firms.

PDF [247-264]

6.

Evaluation of Service Quality, Image, and Customer Satisfaction in LG International Corp

Manuchehr Ansari and Hassan Abolmolouki

ABSTRACT

Identifying appropriate picture of service quality, image and customer satisfaction can help in finding weaknesses and strengths of the companies. Current work aims at evaluating these variables’ status in LG International Corp. in providing the suitable solutions. 308 domestic and foreign customers of LG International Corp. were selected and author-made tools were implemented. The collected data were analyzed using one sample t-test. Findings indicate reliability, responsiveness, assurance, empathy, tangibility, technical quality, image, service quality perception and customer satisfaction were in appropriate level.

Keywords: Service quality, image, customer satisfaction.

PDF [265-279]

7.

Regulatory Compliance of IFRS-7: A Case Study on the Islamic Banks of Bangladesh

Md. Ferdausur Rahman, Md. Ismail Hossain, and Nusrat Sultana

ABSTRACT

The paper is an earnest effort to inspect the prevailing accounting standard for the Islamic banks and find out the extent of their compliance. Banking industry’s nature of operation is totally diverse. Recognizing this aspect, some specificIFRS (International Financial Reporting Standard) have been prescribed for them. One of which is IFRS 7. Institute of Chartered Accountants of Bangladesh prescribed to comply with IFRS-7 from on or after 1st January, 2010. As per requirement, all Islamic banks are required to comply with the standard to uphold the stakeholders’ interest. And the result of the study shows that all of the Islamic banks compliance almost 70.71% of the IFRS # 7 requirement. Finally this study recommend on the degree of compliance for the Islamic banks financial reporting.

Keywords: Compliance IFRS, AAOIFI, Islamic banks, profit–loss sharing (PLS).

PDF [281-296]

8.

Rapid Construction Criteria and Its Implementation in Construction Industry

Muhamad Azani Yahya and Mohamad Ibrahim Mohamad

ABSTRACT

There is a need to take a holistic approach to reviewing the factors impacting the construction industry performance. Improvements need to be implemented by all parties along the entire construction flow for lasting transformation to occur. Therefore, advanced construction methods have to be considered for this new era in delivering projects. Enhance the speed of the construction process flow is the vital to build a sustainable local or foreign construction industry that is poised to compete with the global players. In 2007, Construction Industry Development Board of Malaysia (CIDB) has identified one of the key failures of project delivery which is inefficient and ineffective methods and practices. CIDB also have stated the need of innovation through research and development to be adopted in new construction methods as their strategic thrust to improve the delivering method. Simultaneously with the requirements and specification will drive for rapid construction. This methodology in construction sector can give a change in project delivery methods within the contract period. With the basic definition of enhancing the speed of construction, this paper introduces four criteria of rapid construction and nine effective means to achieve it.

Keywords: Rapid construction, construction flow, improvement.

PDF [297-306]

9.

A Revisited Retail Supply Chain Management (SCM) Practices: A Conceptual Framework

S M Sohel Rana, Abdullah Osman, and Mohd Suberi Ab Halim

ABSTRACT

This paper aims at providing a comprehensive review of Retail Supply Chain Management practices. Retailing is the last step of a supply chain. As retailers maintain regular contact with the customers, they have become an important part of supply chain and it has forced the retailers to develop their own supply chain. The retail supply chain is somewhatdifferent in a sense that retailers deal with variety of products. They procure goods from many suppliers then store them in their warehouses or distribution centers, ship to the outlets and finally consumers buy the products from these stores. Consequently retailers are increasing their focus on their supply chain as a strategic factor. This focus has primarily emphasized cost reduction and risk minimization for business growth and better customer satisfaction. Proactive retailers are trying to manage their supply chain in a responsible way by adjusting business policies based on changing customer preferences. For satisfying today’s more demanding customers, retailers are adopting all modern technologies related to strategy development, collaboration,operational innovation andefficiency that are necessary for the retailers to manage their supply chain properly.

Keywords: Supply chain, retailing, inventory management, IT, collaboration.

PDF [307-317]

10.

The Impact of Capital Structure onProfitability: A Study on Some Selected Private Commercial Banks in Bangladesh

Mohammad Hasmat Ali and Tabassum Chowdhury

ABSTRACT

This study examines the influence of capital structure on the profitability of some selected private commercial banks working in Bangladesh. We used long term debt to equity ratio, Short term debt to equity ratio, total debt to total equity ratio, long term debt to equity ratio, total debt to total asset ratio, asset growth and firm size to measure capital structure. We used three indicators of profitability such as return on asset, return on equity and earnings per share. Applying multiple regression analysis we find that total debt to total equity (TDTE) negatively influence both ROA and ROE, Long term debt to total equity (LTDTE) negatively influences the ROE, Total debt to total asset positively affect the ROE, size of the banks negatively affect the ROA and EPS and finally asset growth of the banks positively affectROA, ROE and EPS. From this study, it can be recommended that to increase the profitability the private commercial banks in Bangladesh should use less debt in terms of equity, more debt in terms of total assets. The banks can also be recommended to keep the banks size as small as possible with expected positive growth in assets.

Keywords: Capital structure, profitability, private commercial bank, Bangladesh.

PDF [319-334]