This article has been withdrawn as it was published elsewhere and accidentally duplicated. The original article can be seen here: 10.1108/10569210680000209. When citing the…
Abstract
This article has been withdrawn as it was published elsewhere and accidentally duplicated. The original article can be seen here: 10.1108/10569210680000209. When citing the article, please cite: Yousef Jahmani, Mohammed Ansari, (2006), “Managerial ownership, risk, and corporate performance”, International Journal of Commerce and Management, Vol. 16 Iss: 2, pp. 86 - 94.
Tanti Handriana, Praptini Yulianti, Masmira Kurniawati, Nidya Ayu Arina, Ratri Amelia Aisyah, Made Gitanadya Ayu Aryani and Raras Kirana Wandira
The purpose of this study is to analyze millennial generation purchase behavior on halal cosmetic products in Indonesia.
Abstract
Purpose
The purpose of this study is to analyze millennial generation purchase behavior on halal cosmetic products in Indonesia.
Design/methodology/approach
The research approach used is a quantitative approach with the research method in the form of a survey and the sampling technique using purposive sampling. The respondents in this study are 206 Muslim females of the millennial generation. Structural equation modeling (SEM) with AMOS software is used for analyzing the data of this study.
Findings
This study found that of the 11 hypotheses tested, 10 of them were accepted: H1, H2, H3, H4, H6, H7, H8, H9, H10 and H11. The accepted hypotheses are the influence of perceived value on trust, brand image on trust, brand image on attitude, religious belief on attitude, halal certification on halal awareness, trust on attitude and halal awareness on attitude. As for trust, attitude toward product, halal awareness affects the intention to purchase halal cosmetics. Moreover, H5 was not accepted, namely, the influence of religious belief on halal awareness. The findings of this study are expected to contribute to the development of marketing theory, specifically related to consumer behavior of halal cosmetic products, as well as the development of the concept of consumer behavior based on demographics, namely, the millennial generation.
Originality/value
This study is more comprehensive than previous studies, and this study is focused on the millennial generation.
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Yousef Jahmani and Mohammed Ansari
This study examines the impact of managerial ownership on risk‐taking and firm performance. The study utilizes data for thirty randomly selected companies from four industries in…
Abstract
This study examines the impact of managerial ownership on risk‐taking and firm performance. The study utilizes data for thirty randomly selected companies from four industries in four different sectors. Industries are oil & gas and field services from energy sector; insurance, property, and casualty from the financial sector, drugs from the health sector; and computer and data processing from the technology sector. This yielded a total of 120 observations. Accounting measures and correlation analysis are used to determine the relationship between managerial ownership, risk‐taking, and firm performance in each industry and for the whole sample. We found no significant relationship between these variables in different industries and for the whole sample. Managerial ownership seems to be merely a reflection of the way in which managers receive their benefits. Managerial ownership does not seem to provide any incentive to work harder for improving the company’s performance in the accounting sense.
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The relationship between government expenditure and economic growth has been extensively studied both in public finance literature and in the literature dealing with macroeconomic…
Abstract
The relationship between government expenditure and economic growth has been extensively studied both in public finance literature and in the literature dealing with macroeconomic modelling.In public finance the issue dates back to Adolph Wagner (1890) or even before. But Wagner is known to have presented the idea in its modern form. Wagner essentially presented a behavioral statement about the growth of public expenditure which, after some refinements by others, has come to be known as the Wagner's hypothesis (WH). According to this, the growing importance of the state activity and therefore public expenditure is an inevitable feature of a progressive society. In modern literature, the proposition is formulated as follows: as per capita income rises, the share of the public sector increases because:(1) protective and administrative functions of the state expand,(2)state activities pertaining to culture and education expand, and (3) increasing tendency towards monopoly due to technological advancement and increasing returns to scale need to be offset by state actions.The WH is often considered to represent a long‐term relationship which is expected to apply to countries during their early stages of growth and development. The implication of WH is that the causation runs from economic growth to growth in government expenditure. A more important implication of this hypothesis, however, is that government expenditure does not qualify as development finance because it plays no role in economic growth.
In order to reduce distillate production costs of a seawater desalination plant in the Gulf Cooperation Councils Countries (GCC), it is common use to connect the desalination…
Abstract
In order to reduce distillate production costs of a seawater desalination plant in the Gulf Cooperation Councils Countries (GCC), it is common use to connect the desalination plant to a power plant producing power in the form of electricity and process steam for the distiller evaporators as well as surplus electricity for the public grid. Provided that site and seawater characteristics are known and a decision regarding the fuel is made, then the issue moves towards the plant optimization. The aim of such an optimization can diverge as the case may be. The most important characteristics of such a plant which may appear as a result of the optimization work are the water/power ratio (w) and the Economy Ratio (ER) of the desalination-plant. The influences of the economical conditions and the plant configurations on these two characteristics are the major part of this study.
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The main purpose of this paper is to examine the impact of globalization on the synchronization of international financial markets. Monthly data from January 1990 to July 2005 for…
Abstract
Purpose
The main purpose of this paper is to examine the impact of globalization on the synchronization of international financial markets. Monthly data from January 1990 to July 2005 for ten major stock markets, namely, Australia, Canada, France, Germany, Hong Kong, Japan, Singapore, the UK, and the USA are used.
Design/methodology/approach
A battery of test procedures to determine the stationarity conditions of the data set is employed. The Johansen and Jsuelius method is used to test for the existence of long run equilibrium relationship among various markets. If a given market is found to be integrated of order one, it would imply that the market is weak‐form efficient. Similarly, if markets are collectively found to be cointegrated, this would suggest that globalization had a significant impact on international financial integration.
Findings
Results indicate that each market is weak‐form efficient. As such, price movement in every market is random and cannot be predicted. The tests produced a large number of cointegrating vectors which implied a strong long run relationship between all markets. Thus, globalization seems to have greatly impacted international financial integration.
Originality/value
The findings of this paper are expected to provide valuable insights into international portfolio diversification as an investment strategy.
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The purpose of this study is to examine the role of attitude as a mediator in exploring the Halal cosmetics purchase intention of Indian Muslim women. Various drivers of…
Abstract
Purpose
The purpose of this study is to examine the role of attitude as a mediator in exploring the Halal cosmetics purchase intention of Indian Muslim women. Various drivers of electronic word of mouth (eWOM) (quality, quantity, consistency and quantity) have been tested as antecedents of purchase intention through the lenses of the elaboration likelihood model (ELM).
Design/methodology/approach
The positivist paradigm approach has been used to test the proposed mediation model using structural equation modelling. Responses of 313 Indian Muslim women who read reviews shared on various social media platforms before making any halal cosmetics purchase intention have been used for the final analysis. Mediation was tested using bootstrapping.
Findings
The findings of the study revealed that attitude towards halal cosmetics mediates the relationships of various drivers of eWOM with halal cosmetics purchase intention. However, it was observed that this mediation was partial in the context of eWOM quality, eWOM valence and eWOM consistency. Furthermore, for eWOM quantity, the mediation effect was full as the direct impact of eWOM quality on halal cosmetics purchase intention was not significant but its indirect impact on the latter via attitude was found to be significant.
Research limitations/implications
This study adds to the marketing communication literature, especially in the context of eWOM. The study also validates ELM theory in explaining the attitude that shapes the halal cosmetics purchase intention, thus the current study enriches the ELM literature.
Practical implications
The current study offers several implications for halal cosmetics marketers. It offers various suggestions to them on how to capitalize on eWOM as it influences Indian Muslim women’s purchasing intention for halal cosmetics by shaping their attitude towards such cosmetics favourably.
Originality/value
With reference to halal cosmetics, the current study offers a new perspective by examining the purchasing intention for such cosmetics based on various drivers of eWOM. The attitude towards halal cosmetics as a mediator has helped in better explaining the purchase intention for halal cosmetics.
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Mohammed Ansari and John Roufagalas
Differentiates economic welfare from general welfare and demonstrates mathematically the welfare‐indeterminacy of economic growth. Goes on to show that the Pareto criterion also…
Abstract
Differentiates economic welfare from general welfare and demonstrates mathematically the welfare‐indeterminacy of economic growth. Goes on to show that the Pareto criterion also fails to identify changes in social welfare, proposes a new “social Pareto criterion” and considers its implications for income redistribution policies. Argues that the related theoretical problems result from the assumption of an asymmetrical value function and puts forward an alternative idea (an asymmetric but rotating value function) to resolve this and properly measure the welfare effects of income redistribution.
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QATAR: Doha will follow an independent foreign policy
Details
DOI: 10.1108/OXAN-ES278079
ISSN: 2633-304X
Keywords
Geographic
Topical
Meenchee Hong, Sizhong Sun, A.B.M. Rabiul Beg and Zhangyue Zhou
With a fast-growing Muslim population and consumer income, the demand for halal products by Chinese Muslims has expanded strongly. However, literature addressing Chinese Muslims’…
Abstract
Purpose
With a fast-growing Muslim population and consumer income, the demand for halal products by Chinese Muslims has expanded strongly. However, literature addressing Chinese Muslims’ consumption is limited, and their demand for halal products is little understood. This study aims to investigate what affects Chinese Muslims’ demand for halal products, with a focus on halal personal care products.
Design/methodology/approach
A survey of 500 respondents was conducted to collect cross-sectional data in northwest China. Data were processed and analysed with a logit model.
Findings
Apart from faithfulness, reliability of recommendations, product price, product availability and halal authenticity are most important determinants influencing the purchase of halal products by Chinese Muslims.
Research limitations/implications
In this study, the focus is only on Muslims from China’s Northwest. Due to various constraints, the cluster and convenience sampling methods are used.
Practical implications
The findings are invaluable for governments and industry bodies to form policies to better meet the burgeoning demand for halal products by Chinese Muslims. They are also very invaluable for producers and exporters who intend to penetrate the halal market in non-Muslim-dominant countries like China.
Originality/value
Studies on understanding the needs of Muslims in non-Muslim countries are limited. Given the sheer size of the Muslim population in China, understanding their demand for halal products and influential determinants concerning such demand adds to the literature and helps the industry to better serve and capitalise on the growing market.