Open Access Original Research Article

Construction Firms’ Intellectual Capital in Southeast Mexico

Romel G. Solís-Carcaño, Ana C. Cabrera-Pérez, J. Nicolás Zaragoza-Grifé, José Antonio González-Fajardo

Journal of Economics, Management and Trade, Page 1-11
DOI: 10.9734/JEMT/2018/39556

Knowledge is currently an important element for most companies and constitutes an intangible asset that can generate profits and competitive advantages. Intellectual Capital is conformed with the accumulation of explicit knowledge that is generated from capitalization of knowledge and experiences of the company’s personnel. In the construction industry, this capital has not been given enough importance, so its potential has not been fully exploited; the lack of memory in construction firms causes that in many occasions the same project’s errors are repeated out in another one, and this derives in profit loss. The aim of this work was to measure the Intellectual Capital of a leading construction companies group in the southeast of Mexico, to assess their weaknesses and good practices. The methodology consisted in the application of a questionnaire to employees at operational and managerial levels; this instrument was organized into two sections, one to measure Human Capital and another to measure Structural Capital, and was developed based on a system of indicators that have already been used in other industries internationally. Results showed that most of their Intellectual Capital is made up of the skills, knowledge and experience of their staff and it is not appreciated that they are carrying out sufficient actions to convert such knowledge into organizational knowledge, so these firms could lose competitiveness in globalized market.

Open Access Original Research Article

MGNREGA and Its Impact on Employment and Poverty Alleviation: Study of Pauri Garhwal District Uttarakhand

Santosh Singh, R. S. Negi, Rekha Dhanai

Journal of Economics, Management and Trade, Page 1-6
DOI: 10.9734/JEMT/2018/38831

Mahatma Gandhi National Rural Employment Guarantee Act is exceptionally an indispensable tool for fighting unemployment and underemployment inside the rural areas; and for assaulting rural mass poverty and raising the rural problems above the poverty line. The investigation is done in Pauri Garhwal area of Uttarakhand. The district have 15 blocks , Out of those blocks, Kaljikhal block become  purposive because of the most quantity beneficiaries of MGNREGA in evaluation to other blocks of the district . 15 villages were selected on the basis of the maximum wide variety of beneficiaries. Thus 20 beneficiaries from every village have been selected randomly using the simple random approach. Consequently, the total sample as evaluated consisted of three hundred beneficiaries. This study examine the impact of MGNREGA on income and employment, poverty alleviation, awareness and suggestions for improving the functioning of the act.  Data collection is based on primary household-degree panel survey recorded from 2013–2015. Percentage, frequency average and regression and correlation evaluation tools has been used. Out of ten independent variables, family and cast type was found to have a non-significant relationship with annual income. The coefficient of multiple determinations (R2) indicate that the most effective percentage (74.03%) of the variation in the growth of annual income of the respondents which may be explained by means of 10 independent variables. The notably significant F-value reported the confirmation to the validity of R2 (0.7403). The study has concluded that the beneficiaries of MGNREGA show more interest in participating MGNREGA works and their annual income increase significantly.

Open Access Original Research Article

Corporate Green CSR Trading Management based on a Metadata Analysis

Vasiliki A. Basdekidou

Journal of Economics, Management and Trade, Page 1-12
DOI: 10.9734/JEMT/2018/39339

The current article is about a new management approach introduced as “corporate green CSR trading management”, and particularly useful in managing the trading of the green CSR firms as benchmark. The subject is important because now-a-days green companies have grown in popularity in US stock markets and many fund managers include them in trading portfolios. The principal target is to introduce a framework for personalized market strategies when trading CSR firms. So, the concept “corporate green CSR trading management” is defined initially as an innovative concept benchmarked a 3-d array and then the dimensions, functionalities, and trading returns of this array are discussed. Article reasons that, in no-way and sidelong markets hedge funds profit from the proposed trading management concept at the expense of long-term investors and swing traders. Similarly in bull/bear markets, short-term traders and institutions profit at the expense of hedge funds. As paper’s contribution could be regarded the empirically-tested conclusion that, after the incorporation of the “corporate green CSR trading management” in trading management tactics: (i) in sidelong markets trading, hedge fund money accumulates  profit entirely with overnight-positions in ethical CSR ETFs; while (ii) in bull/bear markets trading, the profit occurs in day-trading on non-ethical 3x ETF traded mainly by short-term traders and institutions. Finally, the best results in all cases are received by CSR ETFs in no-way and sidelong markets after employing an overnight-position return trading strategy based on the proposed utility.

Open Access Original Research Article

Market Orientation Impact on Organisational Performance of Non-Profit Organisation (NPOs) Among Developing Countries

Tawfeeq Mohammed Alanazi

Journal of Economics, Management and Trade, Page 1-16
DOI: 10.9734/JEMT/2018/40000

This research aims to examine the impact of market orientation, which is theoretically determined to involve intelligence generation, intelligence dissemination and responsiveness as independent variables on organisational performance among non-profit organisations from the prospective of growth in client satisfaction, growth in peer reputation and growth in resources as dependent variables. Market orientation impact on organisation’s performance among NPOs in developing countries has not been investigated. In addition, many of NPO activities in developing countries focus on donor side to increase their resources. The research is a descriptive research based on several assumptions. A tested and well-designed questionnaire distributed among NPO executives in Saudi Arabia. Out of 650 NPOs—the total population of this research—132 completed questionnaires were entitled to analysis. Hypotheses were tested through applying multiple linear regression analysis in three different models of regressions. The results of the analysis show a significant and positive relationship between responsiveness as a dimension of market orientation and the three indicators of organisation performance. Specifically, responsiveness has a high impact on growth in an organisation’s resources. Other dimensions of market orientation—intelligence generation and intelligence dissemination—have no significance relationships with organisation’s performance indicators among NPOs. NPOs in developing countries are facing problems in how to increase their resources or even satisfy their customers. Those customers can be their beneficiaries or donors. However, both customers have limited contributions and NPOs should adopt new methods to enlarge their organisation and resources as well.

Open Access Commentaries / Opinion Articles

Nigerian Government Expenditure, Economic Productivity and the Prevention of Maternal Mortality: A Call to Action

R. N. Ogu, B. C. Ephraim-Emmanuel

Journal of Economics, Management and Trade, Page 1-9
DOI: 10.9734/JEMT/2018/39799

Health is wealth and in order to ensure sustainable productivity in a country, citizens must be in good health. The Government is the major contributor to the financing of health care and thus ensuring that the optimal care is provided for its populace. Nigeria presently has the second highest absolute number of maternal deaths in the world. This manuscript aims to assess the Nigerian government's expenditure on health as well as its impact on maternal mortality and economic productivity.  Expenditure on health was found to be yielding fruits, this was however below expectations as the rate of decline of maternal mortality ratio was not as high as the rate of increase in the GDP. Investment of more resources in health care remains crucial for improved health indices and consequently higher productivity in Nigeria.