Papers by INTERNATIONAL JOURNAL OF BUSINESS EDUCATION AND MANAGEMENT STUDIES (IJBEMS)
INTERNATIONAL JOURNAL OF BUSINESS EDUCATION AND MANAGEMENT STUDIES (IJBEMS) DETERMINANTS OF CAPITAL STRUCTURE: EVIDENCE FROM THE HOTEL SECTOR IN SRI LANKA, 2020
The purpose of this paper is to investigate the factors affecting capital structure decisions of ... more The purpose of this paper is to investigate the factors affecting capital structure decisions of listed hotel companies in Colombo Stock Exchange (CSE). Different classical capital structure theories are reviewed such as Modigliani and Miller Model (M & M Theory), trade-off theory (TOT) and pecking order theory (POT) to formulate testable propositions concerning the determinants of debt levels of the companies. The model is estimated using a panel data approach for twenty five CSE companies for the period of 2009-2015. Regression models were used to test variables representing growth opportunities, firm size, profitability, effective tax rate, operational risk, tangibility and net commercial credit position. The findings suggest that profitability, growth opportunities, and net commercial credit position are related negatively to the debt ratio, while firm size, tangibility, operational risk and effective tax rate do not appear to be related to the debt ratio. Although the findings partially support both the pecking order theory (POT) and trade-off theory (TOT), neither the trade-off nor the pecking order theory exactly seem to explain the capital structure of Sri Lankan hotel companies.
INTERNATIONAL JOURNAL OF BUSINESS EDUCATION AND MANAGEMENT STUDIES (IJBEMS), 2020
Reconciliation process helps both the married couples to save their existing marital relationship... more Reconciliation process helps both the married couples to save their existing marital relationship. The Muslim dominant societies like Bangladesh and Maldives, usually practice reconciliation process during divorce proceedings. However, this process is very rarely practised in the current legal system due to some unknown reasons. Therefore, this paper highlights on the possibility of the reconciliation process in current judicial setting. The main objective of this paper is to compare relevant laws and existing practice of reconciliation in the Family Courts of both jurisdictions. Thus, this paper adopts library research, where the study uses a legal analytical approach to examine data available from relevant books, journals, laws, reported and unreported cases, personal interviews, newspapers, conference papers, and government reports. This paper concludes that the government should take an initiative to resolve divorce issues through an effective reconciliation process. It also suggests that an affordable and accessible reconciliation process can provide the best solution to the estranged couples facing marital conflict.
https://www.ijbems.com/doc/IJBEMS-6.pdf, 2020
During the growth of a competitive global environment, there is considerable pressure on most org... more During the growth of a competitive global environment, there is considerable pressure on most organizations to make their operational, tactical, and strategic process more efficient and effective. An information and Communication Technology is perceived to be a force to be reckoned with in the 21st century because it has caused and continues to cause major changes in the way we live. In the electronic media, ICTs have ignited and provoked radical and drastic changes that have affected and revolutionized the broadcast industry, most especially in immediacy and timeliness of news. Information and Communication Technology not only facilitate and enhance the creation, processing, sharing and dissemination of information in business organizations but the immediacy and timely delivery office task is of a high essence. The implication of the use of ICTs in office operations might lead to an overall shrink in the need for human correspondents. Before ICT could be more effective in enhancing office operations in Nigeria, the constraints to devices should not be neglected if business organizations must thrive or perhaps compete with its international counterpart. Consequently, many organizations decide to implement ICT in order to improve the effectiveness and efficiency of their business organizations. However, a lack of awareness of numerous and varied challenging issues surrounding the implementation process could be problematic for the whole process.
INTERNATIONAL JOURNAL OF BUSINESS EDUCATION AND MANAGEMENT STUDIES (IJBEMS), 2020
The study examined the relationship menace of office politics on organizational effectiveness in ... more The study examined the relationship menace of office politics on organizational effectiveness in civil service commission of nigeria. In order to carry out this study, one specified research objectives were drawn from which null hypotheses were formulated and used for the study. The research design for this study is an Expost Facto design. The population of the study consisted of 30,969 in south south and south west geo political. Simple random and stratified sampling technique was used to select 250 respondents out of the population. The instrument used for data collection was questionnaire. The instrument was validated by two experts in Test and Measurement. Crombach Alpha reliability technique was used for testing the reliability of the instrument and reliability index of .77 was realized, hence the instrument was regard as being 44 reliable. Data from 250 completed questionnaires was subjected to PPMC and regression analysis. The findings showed that concluded that there is significant relationship office politics and organizational effectiveness of ferderal civil service commission of nigeria. The study recommeded that management and staff should avoid distorting or manipulating the truth and facts; management should be fair in their dealings; management and staff should be flexible, appreciable and accessible to others and managers and office workers should ensure a timely and open communication system.
INTERNATIONAL JOURNAL OF BUSINESS EDUCATION AND MANAGEMENT STUDIES (IJBEMS, 2019
The study investigates the effect of public debt on economic growth in Kenya, between 1980-2013.T... more The study investigates the effect of public debt on economic growth in Kenya, between 1980-2013.The choices of period was guided by data availability and escalation of Kenya's public debt. The main problem is that, Kenya government has been relying heavily on public debt, aid and grants as a source of finance. This has resulted to a buildup of the level of public debt stock which has led to funds being diverted to debt servicing at the expense of economic development and domestic consumption. .
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Papers by INTERNATIONAL JOURNAL OF BUSINESS EDUCATION AND MANAGEMENT STUDIES (IJBEMS)