jrge
Abstract - The Effect of Incorporating a Human Capital’s Analysis into Strategic Planning
|
|
Abstract: This paper gains a better understanding about the relation between Business Strategy and Human Capital and of how the introduction of a clear human capital analysis in early stages of strategic planning impact Strategy Execution and the company’s achieved results. The findings show that Human Capital and Business Strategy have an intimate relationship. In fact, through literature review, surveys and interviews we were able to understand not only that the alignment between a company’s human capital and its outline strategy is critical for strategy implementation and execution but also that the use of a Human Capital Analysis, along with other management tools, in strategic planning helps to maximize the efficiency of achieved results, on one hand, by enabling to design more realistic and doable strategies, it helps to align the strategy with the company’s human capital strengths and weaknesses in order to reduce the strategy execution GAP allowing maximizing the efficiency of achieved results and, on other hand, by enabling the right alignment between who defines the corporate strategy and who implements it, it helps the whole company´s human capital become more productive and productive people don’t waste time or resources allowing maximizing the efficiency of achieved results. The study’s conclusions point towards the need of rethinking the classic tools used in strategic planning, in order to diminish the Strategy Execution GAP and to help companies achieving better results. Keywords: Business Strategy, Human Capital, Strategic Planning. |
Abstract - Does Auditor Objectivity Impact on the Relationship Between Information Technology and Efficiency and Effectiveness of Auditing: Evidence from Iraq
|
|
Abstract: This work aims to determine the effect of information technology on effectiveness and efficiency of auditors in the context of non-profit organizations in Iraq. Also to investigate the mediating influence on the relationship between information technology and the audit process’ effectiveness and efficiency. The study framework was based on those reported in literature pertaining to the unified theory of acceptance and use of technology (UTAUT). The target population in this work are auditors of Iraqi non-profit organizations. 354 questionnaires were sent to the participants, however, only 262 were returned and deemed applicable for this work, which culminates in a 74.3 percent response rate. SPSS (Statistical Package of Social Science) version 24 was utilized to examine the research model. The data were processed using many statistical techniques, such as (Descriptive Statistics, Correlations Analysis and Multiple Regressions). The study found that there is a significant influence on the auditors’ objectivity due to their role as a mediator on the relationship between IT and auditing non-profit organizations. The findings also confirmed that the auditors are required to upgrade their knowledge vis-à-vis computerized information systems to plan, direct, supervise, and review the performed tasks. The implications of these findings in this work are significant for managers and auditors, while also providing insights and encouraging evaluation of computerized accounting systems. Keywords: Information technology, auditor objectivity, efficiency and effectiveness of auditing. |
Abstract - The Causal Relationship between Exports, Imports and Economic Growth in Palestine
|
|
Abstract: The relationship between exports, imports and economic growth is investigated for the Palestinian economy over the period 2000-2018, using quarterly data. To do so, cointegration test using Johansen's approach as well as vector error correction technique are used. Findings confirm the presence of long-run equilibrium relationship between exports, imports and output growth. Results also support the existence of bidirectional long-run causality between exports, imports and output growth. As for the short-run causality, findings support both the export-led import and the import-led export hypotheses. Further, imports are found to Granger cause economic growth. Policy makers should be aware of the importance of trade to stimulate economic growth. Keywords: Exports, imports, economic growth, cointegration, VECM. |
Abstract - Long-Run Movement and Predictability of Bond Spread for BRICS and PIIGS: The Role of Economic, Financial and Political Risks
|
|
Abstract: We examine co-movement and predictability of Bond Spread of BRICS and PIIGS with respect to political risk (PR), financial risk (FR), and economic risk (ER). Our linear Granger causality findings imply that PR is the most important risk in predicting bond spread, followed by ER in both BRICS and in PIIGS, while FR is useful in predicting bond spread in BRICS only. Our nonlinear individual causality results infer that ER is the most important risk in predicting bond spread, followed by FR, and PR. We make a conjecture that linear and nonlinear causality are independent and our findings support this. Keywords: Country Risk, Bond Spread, Linear and Nonlinear Granger Causality. |
Abstract - Insurance of the Termination Risk of Projects with Joint Companion Activity
|
|
Abstract: Actuarial calculations are based on the study of mathematical models of financial schemes in insurance taking into account the stochastic nature of insurable events. They lie at the intersection of mathematical and economic disciplines. This paper is devoted to the formulation and investigation of the mathematical model of insurance of a joint project of partners from the risk of its early termination due to the retirement of one of the companions due to external circumstances. In case of an insured event, the partner remaining in the project receives insurance to continue the project. In order to assess the obligations of the insurance company, an economic-mathematical model of personal joint insurance of participants has been constructed to calculate the necessary characteristics of such an agreement. To describe the dynamically changing threats to terminate the insurance contract, the concepts of the intensity of retirement functions of insured persons are introduced, which are convenient in the study of insurance contracts with several participants. Possibilities of payment of insurance compensation to each partner are received and probability of that the insurance company should pay insurance compensation are received. Calculations are made using the example of specific functions of the intensity of retirement of partners. Practical recommendations are given related to the use of numerical methods or simulation methods in calculations based on the obtained universal formulas. Keywords: Intensity of withdrawal, Insurance compensation, Distribution density, Distribution function, Economic-mathematical model of risk insurance. |