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International Journal of Economic, Finance and Business Statistics (IJEFBS)
Published by MULTITECH PUBLISHER
ISSN : -     EISSN : 30259959     DOI : https://doi.org/10.59890/ijefbs.v1i2
Core Subject : Economy, Science,
International Journal of Economic, Finance and Business Statistics (IJEFBS) is an academic and professional peer-reviewed international journal covering the broad area of economics, finance and business issues & operations, as well as, trade policies, rules, trade-related agencies & organizations. The objective of the International Journal of Economic, Finance, and Business Statistics (IJEFBS) is to bring together and share the application of statistics knowledge in economics, finance, and business from different perspectives around the world. The Journal aims to establish and promote effective communication channels between business managers, academic, practitioners and research institutions with trade scholars, government institutions, and domestic/international trade agencies & organizations.
Articles 12 Documents
The Rise of Robinson Mall in Valencia City Bukidnon: Breaking Barriers of Urbanization Dominador A. Dayson Jr; Roland A. Tacan; Princes Luise D. Picaza
International Journal of Economic, Finance and Business Statistics Vol. 1 No. 1 (2023): October 2023
Publisher : MultiTech Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59890/ijefbs.v1i1.147

Abstract

Urbanization refers to general increase in population and the amount of industrialization of a settlement. It symbolizes the movement of people from rural to urban areas. Urbanization happens because of the increase in the extent and density of urban areas. Due to uncontrolled urbanization in Valencia City Bukidnon, environmental degradation has been occurring very rapidly and causing many problems like land insecurity, worsening water quality, excessive air pollution, noise and the problems of waste disposal. This paper emphasizes on the effect of urbanization on environmental components mainly public health and habitat, climate, biosphere, land and water resources. A case study of urbanization in Valencia City has been carried out leading to conclude on the existing.
Impact of Environmental Advertising on Customers’ Patronage Decision in Nigeria Banks Ibidunni Oyebisi; Afisanwo Adetayo; Ibidunni Stephen
International Journal of Economic, Finance and Business Statistics Vol. 1 No. 1 (2023): October 2023
Publisher : MultiTech Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59890/ijefbs.v1i1.241

Abstract

This research examined the impact of Environmental Advertising on Customer’s Patronage Decision in Nigerian Banks. The study population was 384 out of which a total of 250 representing 65.1% was retrieved from the various respondents who are customers of the Tier 1 banks in Nigeria. Data collected was analysed using the Simple Regression Technique and this was done with the aid of Statistical Package for Social Sciences (SPSS) 21. The result of the tested hypothesis using the Simple Regression Technique showed a p value less than 0.005 which indicates the rejection of the null hypothesis and the acceptance of the alternate hypothesis that states that Environmental response has a significant impact on customer’s patronage decision of Nigerian banks.
Economic Growth, Demography and Social Change in Nigeria: An ARDL Analysis Shuaibu Mukhtar
International Journal of Economic, Finance and Business Statistics Vol. 1 No. 1 (2023): October 2023
Publisher : MultiTech Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59890/ijefbs.v1i1.258

Abstract

Nigeria is estimated to have over 200 million people, this make it necessary for Nigerian government to be very watchful of demographic transition. Effect of population on economic growth is relative. Nigeria found herself in between the two extreme positions, thus it needs to (very well) be mindful of how its population growth. This paper has tested two models that try to explain the relationship between social change, population growth and economic growth, using the econometric techniques of ARDL cointegration and Multiple regression analysis. It findings show that population growth affect economic growth in Nigeria; while birth rate affects economic growth positively, death rate affects economic growth negatively. It also shows that net migration, health expenditure and labour force affect economic growth. Population growth is affected by economic growth, labour force and health expenditure.
Multinational Construction Companies in Nigeria: An Analysis of their Impact on Economic Growth and Dependency Tola Benjamin Kehinde; Busola Elizabeth Simon-Ilogho
International Journal of Economic, Finance and Business Statistics Vol. 1 No. 1 (2023): October 2023
Publisher : MultiTech Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59890/ijefbs.v1i1.260

Abstract

This paper examines the impact of multinational construction companies on Nigeria's economy, employing a descriptive research design and drawing on the framework of dependency theory. The study specifically focuses on the practices and effects of multinational construction companies operating within Nigeria. The findings from the research indicate a mixed impact of multinational construction companies on the Nigerian economy. On one hand, some multinational companies have been found to engage in exploitative practices, while other hand, there are instances where multinational construction companies have contributed positively to the Nigerian economy, through technological advancements, increased employment opportunities, and investments in local infrastructure development. Based on the study's findings, the paper recommends an increase in collaboration between local construction companies and multinational corporations. This collaboration can facilitate knowledge transfer, technology sharing, and capacity building within the Nigerian construction industry. Additionally, it emphasizes the importance of implementing robust regulations and policies to ensure responsible and sustainable practices by multinational construction companies operating in Nigeria. The paper spotlights the complex dynamics between multinational construction companies and Nigeria's economy, highlighting both negative and positive impacts. The paper underscores the significance of fostering collaboration and implementing effective regulatory frameworks to maximize the positive contributions of multinational construction companies while mitigating any adverse effects on Nigeria's economy.
Corporate Governance and Board Conflict Management Segun Kehinde; Chinonye Moses; Taiye Borishade; Oladele Kehinde; Simon Ilogho; Kemi Kehinde
International Journal of Economic, Finance and Business Statistics Vol. 1 No. 1 (2023): October 2023
Publisher : MultiTech Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59890/ijefbs.v1i1.285

Abstract

In managing board conflicts, which result from the conflicting interests and preferences of directors, shareholders, and other stakeholders, this essay examines the function of corporate governance. We examine the theoretical and empirical research on the causes, nature, and effects of board conflicts, as well as the methods for preventing, resolving, or reducing them. We also note some gaps and difficulties that need to be addressed in this area's ongoing research. We contend that for board members and stakeholders to work effectively, there must be a balance between alignment and diversity, contestation and collaboration, and harmony an md disruption.
Minimizing Smes Problems in Nigeria for Economy Sustainability Using Quantitative Technique Segun Kehinde; Chinonye Moses; Taiye Borishade; Michael Agarana; Fejiro Edewor; Dele-Dada Moyosoluwa; Nifemi Obembe
International Journal of Economic, Finance and Business Statistics Vol. 1 No. 1 (2023): October 2023
Publisher : MultiTech Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59890/ijefbs.v1i1.286

Abstract

Small and medium scale Enterprises (SMEs) are vital to the economic development and growth of every developing economy. As SMEs strive to boost the Nigerian economy, they are faced with multiple internal and external challenges. This study proposes a simple method of minimizing those internal and external problems faced by SMEs using Quantitative techniques. It was discovered that the proposed approach significantly minimizes SMEs problems in Nigeria for economy sustainability. This study recommends for government to innovate their policies in order to complement an ever evolving economy. 
QI QI Project to Reduce Non-Leftover Medication Wastage in Haramaya University Hiwot Fana Chomprensive Specialized Hospital Pediatrics Ward, Harar, Ethiopia Tilahun Tadesse; Abdi Amin; Bisrat Hagose; Eyoel Abebe; Melaku Teshome; Samson Hailu; Muluken Getu; Aduga Mulugeta; Yohannes Molla; Abdulbasit Ahmed
International Journal of Economic, Finance and Business Statistics Vol. 1 No. 2 (2023): Desember 2023
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Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59890/ijefbs.v1i2.769

Abstract

Non-leftover medication wastage refers to medications dispensed out but not used by patients as they are not in the treatment regimen. This project aims to reduce non-leftover medication wastage in Haramaya University - Hiwot Fana Comprehensive Specialized Hospital (HrU-HFCSH) pediatric ward, Harar, Ethiopia.Baseline assessment showed that, 23 % Of medications dispensed from single dispensary were not administered to the patient as they were not in the treatment regimen. This implies that, 29 % of cost of medications dispensed from a single dispensary were wasted.Before-and-after study was conducted. All data were converted into monitory value and presented as % wastage and % discrepancy. Medications which are dispensed but not used by the patient were considered as wasted if they were not in the treatment regimen.Monitoring of discrepancy in medication supply and administration data.Overall there were 24.65 % reduction in % wastage (financial), 18.65 % reduction in % wastage (product) and 15 % reduction in % discrepancy from the baseline.The findings of this project indicate the importance of monitoring discrepancies in medication supply and administration data in reducing non-leftover medication wastage.
The Key Barrier to Digital Transformation in Pakistan's Construction Sector Muhammad Waheed; Mutahir Abbas
International Journal of Economic, Finance and Business Statistics Vol. 1 No. 2 (2023): Desember 2023
Publisher : MultiTech Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59890/ijefbs.v1i2.980

Abstract

Digitalization has become a global trend and the Pakistani construction industry is no exception. Digitalization has faced many challenges over the years. The objective of this study is to uncover the obstacles preventing the adoption of digitalization within the Pakistani construction industry. Additionally, it aims to analyze the advantages that digitalization offers in enhancing productivity within this sector. The results show that the main barriers to digitalization are barriers related to the use of technology, the high cost of technology, lack of energy, ease of replacement, and unavailability of digital equipment. Stakeholders' awareness of the benefits of digitalization needs to be increased.
Social Audit of MGNREGA: A Path of Community Participation in Tribal Area of Himachal Pradesh Bhumi Ram; Sapna K. Sharma
International Journal of Economic, Finance and Business Statistics Vol. 1 No. 2 (2023): Desember 2023
Publisher : MultiTech Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59890/ijefbs.v1i2.1105

Abstract

Social audit is a powerful tool for social change, community engagement, and government accountability. The technique of closely examining and assessing a program with community involvement while comparing government data with real-world experiences is known as social auditing. After the implementation of the social audit, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) implementing agency has become increasingly transparent and accountable in its functioning. The present research paper is an attempt to know the effectiveness of social audit mechanisms in enhancing transparency, ensuring accountability, and promoting community participation in the implementation of MGNREGA in the tribal development block Bharmaur in the Chamba district of Himachal Pradesh. The paper aims to provide a comprehensive analysis of social change, people participation, and transparency through social audit practices on the execution of MGNREGA work.
Effect of Price, Promotion, and Brand Image on Purchasing Decision at PT. Agri Tepa Abadi Faisal Ridho; Rachmat Gunawan; Yulianingsih
International Journal of Economic, Finance and Business Statistics Vol. 1 No. 2 (2023): Desember 2023
Publisher : MultiTech Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59890/ijefbs.v1i2.1106

Abstract

This study aims to analyze and identify the effect of price, promotion and brand image both simultaneously and partially on purchasing decisions at PT Agri Tepa Abadi. The questionnaire was distributed to 100 respondents who were taken by proportional stratified random sampling with the population divided into 2 groups, namely 19 corporate consumer respondents and 81 end consumer respondents. The questionnaire was tested with a validity test, reliability test, and also classical assumption test. The results of these tests are valid, reliable, and can be used for regression data. The analysis method used in this research is descriptive and verification method with quantitative approach.

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