Template-Type: ReDIF-Article 1.0 Author-Name: Zeki Aya? Author-Name-First: Zeki Author-Name-Last: Aya? Author-Email: zekia@khas.edu.tr Author-Workplace-Name: Kadir Has University Title: Green Concept Evaluation through Fuzzy AHP-PROMETHEE II Abstract: The demand for green products have dramatically increased because the importance and public awareness of the preservation of natural environment was taken into consideration much more last two decades. As a result of this, especially manufacturing companies have been forced to design more green products, resulting in a problem of how they incorporate environmental issues into their design and evaluate concept options. The need for the practical decision making tools to address this problem is rapidly evolving due to the fact that the problem turns into a multiple-criteria decision making (MCDM) problem in the presence of a set of green concept alternatives and criteria. Therefore; in this paper, the four popular MCDM methods in fuzzy environment are utilized to reflect the vagueness and uncertainty on the judgments of DMs, because the crisp pairwise comparison in these conventional MCDM methods seems to be insufficient and imprecise to capture the right judgments of DMs. Of these methods; as Fuzzy AHP is used to calculate criteria weights, the other method; Fuzzy PROMETHEE II is used to rank alternatives. Furthermore, the incorporation of fuzzy set theory into these methods is discussed on a real-life case study. Classification-JEL: C44, C00, D81 Keywords: New product development, green concept selection, multiple-criteria decision making, fuzzy logic, AHP, PROMETHEE II. Journal: International Journal of Business and Management Pages: 1-10 Volume: 7 Issue: 1 Year: 2019 Month: May File-URL: https://iises.net/international-journal-of-business-management/publication-detail-7074 File-URL: https://iises.net/international-journal-of-business-management/publication-detail-7074?download=1 Handle: RePEc:sek:jijobm:v:7:y:2019:i:1:p:1-10 Template-Type: ReDIF-Article 1.0 Author-Name: Hykmete Bajrami Author-Name-First: Hykmete Author-Name-Last: Bajrami Author-Email: hykmete.bajrami@uni-pr.edu Author-Workplace-Name: University of Prishtina / Economic Faculty Author-Name: Nazmi Zeqiri Author-Name-First: Nazmi Author-Name-Last: Zeqiri Author-Email: nazmi.zeqiri@ubt-uni.net Author-Workplace-Name: University for Business and Technology (UBT), Management, Business and Economics Department Title: Theories of Foreign Direct Investment (FDI) and the Significance of Human Capital Abstract: Not every country is able to attract the right mode of FDI, nor does every investor risks his investments without studying the conditions in the host country. The practice of FDI attraction generally incorporates numerous fiscal and monetary incentives. However, one should note that FDI attraction should be accompanied by development and an increase in the level of human capital, as a prerequisite to attract the right FDI and not every kind of foreign investment. FDI, together with human capital development, are considered among the key drivers of growth as they play complementary effects and reinforce each other. The role of human capital in stimulating FDI and vice versa is one of the controversial issues in the development literature. Human capital is the factor where the transition process has had significant and long-term implications. Human capital became a crucial determinant and a prerequisite for FDI attraction that a country, including Kosovo must have if willing to attract the right mode of foreign capital. Theory and empirical studies are inconclusive as per direct impacts of FDI in developed countries, but when it comes to transition and undeveloped economies, and Kosovo, there is more agreement on the positive effects of FDI in economic development and human capital. This paper seeks to understand the weight of human capital in different types of FDI theories. Classification-JEL: A10 Keywords: FDI, human capital, transition, theories. Journal: International Journal of Business and Management Pages: 11-24 Volume: 7 Issue: 1 Year: 2019 Month: May File-URL: https://iises.net/international-journal-of-business-management/publication-detail-17449 File-URL: https://iises.net/international-journal-of-business-management/publication-detail-17449?download=2 Handle: RePEc:sek:jijobm:v:7:y:2019:i:1:p:11-24 Template-Type: ReDIF-Article 1.0 Author-Name: Muhammed Benli Author-Name-First: Muhammed Author-Name-Last: Benli Author-Email: muhammed.benli@bilecik.edu.tr Author-Workplace-Name: Bilecik Seyh Edebali University Author-Name: Sedat Durmuskaya Author-Name-First: Sedat Author-Name-Last: Durmuskaya Author-Email: sdurmuskaya@sakarya.edu.tr Author-Workplace-Name: Sakarya University Author-Name: Gokberk Bayramoglu Author-Name-First: Gokberk Author-Name-Last: Bayramoglu Author-Email: gokberk.bayramoglu@ogr.sakarya.edu.tr Author-Workplace-Name: Sakarya University Title: Asymmetric exchange rate pass-through and sectoral stock price indices: Evidence from Turkey Abstract: In this study, we empirically investigate the impact of exchange rate changes on sectoral stock price indices in Turkey in a multivariate model controlling for consumer price index, industrial production index and money supply. For this purpose, we adopt nonlinear autoregressive distributed lags (NARDL) model developed by Shin et al. (2014). The empirical results indicate an incomplete pass-through effect of exchange rate to stock prices both in the long- and short-run. The results also support short-run asymmetry for all sectors considered in this study, except for ISE Information Services. Regarding the effect of CPI, IPI and M2, our findings indicate that, for majority of industries, consumer price index is significantly negatively correlated with stock prices in the long-run whereas the long-run impact of money supply and industrial production index on stock prices is positive. Classification-JEL: F31, C10, O16 Keywords: Nonlinear ARDL, Nonlinearity, Multivariate model, Cointegration, Stock market Journal: International Journal of Business and Management Pages: 25-47 Volume: 7 Issue: 1 Year: 2019 Month: May File-URL: https://iises.net/international-journal-of-business-management/publication-detail-6964 File-URL: https://iises.net/international-journal-of-business-management/publication-detail-6964?download=3 Handle: RePEc:sek:jijobm:v:7:y:2019:i:1:p:25-47 Template-Type: ReDIF-Article 1.0 Author-Name: Fumihiko Isada Author-Name-First: Fumihiko Author-Name-Last: Isada Author-Email: isada@kansai-u.ac.jp Author-Workplace-Name: The Faculty of Informatics, Kansai University Author-Name: Yuriko Isada Author-Name-First: Yuriko Author-Name-Last: Isada Author-Email: yuriko@kwansei.ac.jp Author-Workplace-Name: School of Policy Studies, Kwansei Gakuin University Title: Interorganizational relations and organizational capabilities in Internet of Things businesses Abstract: The purpose of this research is to quantitatively clarify interorganizational relations and organizational capabilities suitable for IoT (Internet of Things) business. Moreover, we also proposed to look for the reasons why Japanese IoT-related businesses are not necessarily successful. According to prior research, it is thought that open innovation is useful in IoT business. This is because system cooperation and various types of technological knowledge are required of IoT business. Then, there are two general possibilities for the form of open innovation: selection with a large network and a narrow network. That there is much opportunity for outside encounters increases the opportunity for innovation. On the other hand, in reducing the number of cooperation partners and investing strategically in business resources, the success rate of a technological development may increase. Moreover, to utilize an open innovation, an organizational capability that fits an open innovation may be required. According to previous research, in interorganizational relations, selective ability and integration capability are important. It is thought that a high level of selective ability is very important. As compared with typical businesses, it is thought that there is much opportunity to select an external technology in which a company is inexperienced. On the other hand, it is also thought that the integration/coordination ability to advance the cooperation process steadily against the uncertain technology challenges among external organizations becomes important. As a methodology, a questionnaire was carried out to IT-related companies that undertake IoT business. As a result, the character of the interorganizational relations and the organizational capabilities related to profitability in IoT businesses became clear. The study also showed the challenge against organization management of the former type of Japanese firm. Classification-JEL: O32 Keywords: interorganizational relations, organizational capabilities, IoT-related businesses, large network, deep network, selection capability, integration capability Journal: International Journal of Business and Management Pages: 48-62 Volume: 7 Issue: 1 Year: 2019 Month: May File-URL: https://iises.net/international-journal-of-business-management/publication-detail-17372 File-URL: https://iises.net/international-journal-of-business-management/publication-detail-17372?download=4 Handle: RePEc:sek:jijobm:v:7:y:2019:i:1:p:48-62 Template-Type: ReDIF-Article 1.0 Author-Name: NARIN LOETRUEANGNAPHA Author-Name-First: NARIN Author-Name-Last: LOETRUEANGNAPHA Author-Email: narin.l60@rsu.ac.th Author-Workplace-Name: RANGSIT? University? Author-Name: Tanpat Kraiwanit Author-Name-First: Tanpat Author-Name-Last: Kraiwanit Author-Email: tanpat.k@rsu.ac.th Author-Workplace-Name: RANGSIT? University Title: FINANCIAL TRANSACTIONS THROUGH BANKING AGENCY SELECTIONS IN THAILAND Abstract: This quantitative research is based on the data collected from an online questionnaire completed by a representative sample of 860 respondents; the Discriminant Analysis was used for data analysis and to create the group classification equation. The findings demonstrated that the factors influencing the selection of banking agents include age, career, marital status, savings, frequency of counter service uses, opinion of agent system and overall banking agent. These variables were used to form a model function of group selection. Furthermore, unstandardized discriminant equations were used to predict group membership, with 70.8 percent predicting correctly. Apart from this, our suggestion for future studies is to observe a population differing in age because each person has different opportunities and, as such, a different potential to access the new technology. Since opinions of banking agents played an important role in this study, financial institutions must ensure that the safety policies protecting banking agents? clients are of the same standards as those of the appointing financial institutions. Classification-JEL: A14, G20, G29 Keywords: Financial Transaction, Banking Agent, Agent Selection Journal: International Journal of Business and Management Pages: 63-73 Volume: 7 Issue: 1 Year: 2019 Month: May File-URL: https://iises.net/international-journal-of-business-management/publication-detail-17549 File-URL: https://iises.net/international-journal-of-business-management/publication-detail-17549?download=5 Handle: RePEc:sek:jijobm:v:7:y:2019:i:1:p:63-73 Template-Type: ReDIF-Article 1.0 Author-Name: Pradeep Dharmadasa Author-Name-First: Pradeep Author-Name-Last: Dharmadasa Author-Email: pradeep@mkt.cmb.ac.lk Author-Workplace-Name: Faculty of Management and Finance, University of Colombo Author-Name: Chanaka Wijewardena Author-Name-First: Chanaka Author-Name-Last: Wijewardena Author-Email: chawije89@gmail.com Author-Workplace-Name: University of Colombo Title: Impact of Country of Origin Effect (COE) on Consumer Purchase Intentions Abstract: With the increasing trend of globalization, there is an influx of foreign goods and services into a country and therefore the country of origin effect (COE) is significantly becoming a more important driver in consumer purchase intentions. Highlighting two dimensions of COE, namely, performance equity and emotional equity, this study examines the impact of COE on consumer purchase intentions in favour of Indian made products of Sri Lankan consumers. Further, the study investigates whether purchase intentions in favour of Indian made products differ based on the ethnicity of the consumer. Data collected from 321 students selected from a cohort of postgraduates in business management from the University of Colombo, Sri Lanka, were analyzed using hierarchical regression and ANOVA with Tukey?s HSD test. Moreover, factor analysis with Varimax Kaiser Normalization was employed to generate the factors. Results indicate that both emotional and performance dimensions significantly influence consumer purchase intentions in favour of Indian made products. With regard to ethnicity, the results show that there exists a difference between Sinhalese and Tamils in their preference for Indian made products. Classification-JEL: F20, M31, M39 Keywords: country of origin effect, emotional equity, performance equity, purchase intention, Sri Lanka, India Journal: International Journal of Business and Management Pages: 74-86 Volume: 7 Issue: 1 Year: 2019 Month: May File-URL: https://iises.net/international-journal-of-business-management/publication-detail-1430 File-URL: https://iises.net/international-journal-of-business-management/publication-detail-1430?download=6 Handle: RePEc:sek:jijobm:v:7:y:2019:i:1:p:74-86 Template-Type: ReDIF-Article 1.0 Author-Name: Olayemi Simon-Oke Author-Name-First: Olayemi Author-Name-Last: Simon-Oke Author-Email: oosimon-oke@futa.edu.ng Author-Workplace-Name: Federal University of Technology Author-Name: Tajudeen Egbetunde Author-Name-First: Tajudeen Author-Name-Last: Egbetunde Author-Email: tegbetunde@futa.edu.ng Author-Workplace-Name: Federal University of Technology,Akure Author-Name: Oluyemi Ologunwa Author-Name-First: Oluyemi Author-Name-Last: Ologunwa Author-Email: opologunwa@futa.edu.ng Author-Workplace-Name: Federal University of Technology,Akure Title: The Implementation of OECD Corporate Governance Principles in Nigeria: Evidence from Stakeholders? Perspectives Abstract: This study investigates the stakeholders? perspectives on the implementation of Organization for Economic Cooperation and Development (OECD) corporate governance principles in Nigeria. The study adopted an ex-post research design with a structured questionnaire to elicit information from the respondents. The descriptive statistical method was also considered as analytical techniques. Findings revealed that shareholders in Nigerian firms have the right to participate in profits of the firm; they have the right to vote in general meetings and also have the right to obtain information about voting rights before purchase of shares. However, the study found that the details about the capital structure, financial and operating reports of firms were not fully disclosed. It was also discovered from the study that ownership transfer among shareholders was poorly facilitated, with minority shareholders not fairly treated. The study concludes that board of directors usually takes the interest of shareholders? more important than the stakeholders interest in the firms. It was however suggested that corporate governance framework in Nigeria should recognize the rights of stakeholders established by law or through mutual agreements; and encourage wealth creation and employment opportunities for sound financial sustainability of corporate firms. Classification-JEL: M14, D21, L60 Keywords: Corporate Governance, OECD Principles, Stakeholders, Firms? Performance and Nigeria Journal: International Journal of Business and Management Pages: 87-103 Volume: 7 Issue: 1 Year: 2019 Month: May File-URL: https://iises.net/international-journal-of-business-management/publication-detail-17422 File-URL: https://iises.net/international-journal-of-business-management/publication-detail-17422?download=7 Handle: RePEc:sek:jijobm:v:7:y:2019:i:1:p:87-103 Template-Type: ReDIF-Article 1.0 Author-Name: Violeta Sugar Author-Name-First: Violeta Author-Name-Last: Sugar Author-Email: vsugar@unipu.hr Author-Workplace-Name: Faculty of Economics and Tourism ?Dr. Mijo Mirkovi??, Juraj Dobrila University of Pula, Croatia Author-Name: Alen Belullo Author-Name-First: Alen Author-Name-Last: Belullo Author-Email: abelul@unipu.hr Author-Workplace-Name: Faculty of Economics and Tourism ?Dr. Mijo Mirkovi??, Juraj Dobrila University of Pula, Croatia Author-Name: Emin Dzanic Author-Name-First: Emin Author-Name-Last: Dzanic Author-Email: emin.dzanic@gmail.com Author-Workplace-Name: Medicopharmacia Title: Are Individual Innovators Invisible? Abstract: The research about the population of individual inventors/innovators in Croatia was carried out with the aim of finding answers to the following questions: 1. How many inventions/patents in Croatia are (not) commercialized; 2. What are the reasons of (un)successful commercialization of Croatian individual inventors' inventions/patents; 3. Is there any correlation between various forms of support for inventors / patent owners and successful commercialization; 4. Could education/training contribute to the successful commercialization of inventions/patents? The research was carried out on individual inventors/innovators in Croatia via combination of online questionnaire and telephone interviews. The acquired data were analyzed by descriptive statistics. Based on the results of the research, the literature and practical experience of the project ?Innovation Management?, which took place at the Faculty of economics and tourism "Dr. Mijo Mirkovic", a typology of Croatian individual inventors / innovators has been created. Classification-JEL: O31 Keywords: innovation management; individual inventor/innovator; innovation eco system; education; support for commercialization Journal: International Journal of Business and Management Pages: 104-124 Volume: 7 Issue: 1 Year: 2019 Month: May File-URL: https://iises.net/international-journal-of-business-management/publication-detail-6830 File-URL: https://iises.net/international-journal-of-business-management/publication-detail-6830?download=8 Handle: RePEc:sek:jijobm:v:7:y:2019:i:1:p:104-124 Template-Type: ReDIF-Article 1.0 Author-Name: Victoria Wanjiku Wokabi Author-Name-First: Victoria Wanjiku Author-Name-Last: Wokabi Author-Email: victoriawawokabi@gmail.com Author-Workplace-Name: KCA University Author-Name: Olanrewaju Isola Fatoki Author-Name-First: Olanrewaju Isola Author-Name-Last: Fatoki Author-Email: lanrefatoki@gmail.com Author-Workplace-Name: KCA University Title: Determinants of Financial Inclusion In East Africa Abstract: There is a growing focus on financial inclusion among scholars and in policy circles. This study sought to analyse the underlying determinants of financial inclusion among five East African countries- Kenya, Uganda, Tanzania, Rwanda and Burundi. The general objective of the study was to determine the determinants of financial inclusion in East Africa. Specifically, the study examined the effect of rural population, unemployment rates, income level and interest rates on financial inclusion. Rural population was presented as the proportion of a country?s population that lives in rural areas; unemployment rate as the proportion of a country?s population that is unemployed; income as the annual growth rate in GDP per capita; and interest rate as the real interest rate per year. The study used domestic credit to private sector by banks as a measure of financial inclusion The research design used was panel data analysis with secondary data collected from the World Development Indicators database of the World Bank. The 17 year period covered by the study spanned 2000 to 2016. The data was analysed on Stata and the output from analysis provided a basis for findings and recommendations. After conducting diagnostic tests, the model adopted for the study was the fixed effects model. The study found that rural population and income are significant determinants of financial inclusion with rural population being negatively related with financial inclusion. This means that the higher the rural population of a country, the less inclusive their financial system is. Unemployment though statistically insignificant had a negative relationship with financial inclusion. Interest rates had a positive but insignificant relationship with financial inclusion. The study recommended that focused financial literacy efforts be increased in the rural areas within East Africa to promote inclusion efforts. Interest rates can be a powerful policy tool to encourage both savings and credit facility sourcing from the banking sector. Classification-JEL: Keywords: Financial inclusion, financial exclusion, East Africa, panel data Journal: International Journal of Business and Management Pages: 125-143 Volume: 7 Issue: 1 Year: 2019 Month: May File-URL: https://iises.net/international-journal-of-business-management/publication-detail-17420 File-URL: https://iises.net/international-journal-of-business-management/publication-detail-17420?download=9 Handle: RePEc:sek:jijobm:v:7:y:2019:i:1:p:125-143