Vol 12 Issue 1 April 2024-September 2024

Abstract: The financial performance of Insurance firms plays a vital role in increasing the sector's market value and leads to the economy's overall growth. There exists substantial empirical literature on fundamental risk factors and the financial performance of commercial banks and microfinance institutions. However, few studies have delved much into the relationship between fundamental risk factors and the financial performance of Insurance firms. The downward financial performance trend of the Insurance firms in Kenya is a cause for concerns among various stakeholders. The financial performance has shown a downward trend from 2011 to 2018 before a little bullish movement in 2019. The study investigates the effect of fundamental risk factors on the financial performance of Insurance firms in Kenya. Operating ratio measured financial performance for the Insurance firms as applied by the Insurance regulatory authority. The study's specific objectives are to determine the effect of inflation, exchange rates, and interest rates on the financial performance of Kenya's insurance firms. The study further establishes the moderating effect of capital adequacy on the relationship between fundamental risk factors and the financial performance of the Insurance firms in Kenya. This study adopts Positivism philosophy and an Explanatory research design. The study the Modern portfolio theory, expectations, and the Liquidity preference theory. The study uses quarterly data obtained from the insurance firms in Kenya and uses STATA software to analyze. Data analysis through Descriptive statistics, Pearson's simple correlation, Time-series regression analysis over a time scope of 10 years, Interest rates have a positive but not statistically significant effect on operating ratio as indicated by the p value (P = 0.081 < 0.05). Furthermore, Inflation rates has positive but statistically insignificant effect on Fundamental risk factors with p value (P = 0.863 < 0.05), exchange rate has a positive statistically significant effect on operating ratio (P = 0.000 < 0.05). rom 2014-2021. The hypothesis was tested at the 0.05 level of significance; findings reveal that Interest rates have a positive but statistically insignificant effect on operating ratio at p value of 0.081. Furthermore, Inflation rates has positive but statistically insignificant effect on Financial performance with p value (P=0.863), exchange rate has a positive statistically significant effect on operating ratio (P = 0.000). Therefore, the research suggests the insurance firms should be keen to quantify and control the effect of foreign exchange gain or loss on their financial performance The firms should also take into account the impact of interest and exchange rates to mitigate the impact of their volatility on financial performance.

Keywords: Fundamental Risk Characteristics, Capital Adequacy, Interest rates, Exchange rates, Inflation rates.

Title: FUNDAMENTAL RISK FACTORS AND FINANCIAL PERFORMANCE OF INSURANCE FIRMS IN KENYA

Author: Douglas Sifuna, Dr.Job Omagwa, Dr. Vincent Mutswenje

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 1, April 2024 - September 2024

Page No: 210-228

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Website: www.researchpublish.com

Published Date: 23-September-2024

Abstract: This study examined the impact of financial recompense on employees’ performance, with a focus on achievers university Owo, Ondo state. Specifically, the study examine the relationship between overtime and excess workload and performance of the employees in Achievers University. This study employed a descriptive research design. Data were collected from a randomly selected sample of 220 respondents using a structured questionnaire. In order to test the hypotheses formulated, Pearson product moment correlation coefficient (i.e. simple regression analysis) was performed to test the hypotheses formulated. Data analysis revealed that overtime and excess workload (OEXC) has a positive coefficient and is statistically significantly different from zero at 5 percent significant level. Based on the findings of the study, it can be concluded that the roles played by financial compensation on employees’ performance in human resources management cannot be underestimated. It’s an important tool that organization need to boost their employee’s morale in its performance and major instruments that employers use to influence employees behaviour and attitude to work.

Keywords: financial recompense on employees’, influence employees behaviour, Achievers University.

Title: FINANCIAL RECOMPENSE AND EMPLOYEES PERFORMANCE

Author: OGUNRO, Victor Olukayode, OLORUNFEMI, Ifedayo Ade., FOLARIN, Kehinde Samuel

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 1, April 2024 - September 2024

Page No: 200-209

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Website: www.researchpublish.com

Published Date: 06-September-2024

Abstract: The integration of Artificial Intelligence (AI) into the oil and gas project management sector is rapidly transforming traditional practices, offering a range of benefits from enhanced decision-making to improved efficiency and knowledge sharing. This paper explores the pros and cons of AI in this sector, focusing on how AI technologies such as fully automated verification, on-spot quantification tools, live chat interactions, and dynamic project scheduling can revolutionize project management. AI enhances decision-making by providing real-time data analysis and predictive analytics, and it significantly improves the knowledge base of engineers and stakeholders through instant access to information and real-time data. A comparative analysis between conventional and AI-powered review methods highlights the increased efficiency, accuracy, and reliability offered by AI. The paper concludes with a discussion on the future outlook of AI in the oil and gas project management sector, emphasizing ongoing advancements and the potential for broader adoption.

Keywords: Artificial Intelligence (AI), gas project management sector, transforming traditional practices, AI technologies.

Title: THE INTEGRATION OF ARTIFICIAL INTELLIGENCE IN THE OIL AND GAS PROJECT MANAGEMENT SECTOR

Author: Ali F. AlShehab, Mustafa S. AlSaigh

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 1, April 2024 - September 2024

Page No: 196-199

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Website: www.researchpublish.com

Published Date: 21-August-2024

Amendment Date: 29-August-2024

Abstract: Project management is similar to a balancing act, requiring skills to mitigate various constraints to achieve success. This paper explores the challenges encountered in project management through examples such as the Denver International Airport (DIA) Baggage Handling System Case Study. Decision-makers often underestimate the complexity of projects, leading to significant delays and cost overruns. Effective cost management emerges as a critical factor in mitigating project constraints. Recommendations for addressing these challenges include comprehensive planning, strong cost management strategies, and transparent communication among stakeholders. By implementing these recommendations, organizations can enhance their ability to overcome project complexities and achieve successful outcomes.

Keywords: requiring skills, Denver International Airport (DIA), Baggage Handling System, transparent communication.

Title: Role of Effective Cost Management in Meeting Projects Constrains

Author: Sara Khalid AlSuwaigh

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 1, April 2024 - September 2024

Page No: 191-195

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Website: www.researchpublish.com

Published Date: 19-August-2024

Abstract: This study evaluated the effect of board independence on financial stability of microfinance banks in Kenya. The 14 microfinance banks in Kenya constitute the target population and subsequently sample size based on a census approach. Utilizing quantitative methods, descriptive statistics, and panel data regression analysis, data was analyzed and summarized; result was based on panel data regression analysis. Board independence had a negative and significant effect on financial stability of microfinance banks in Kenya. The study recommends that the central bank of Kenya should develop and enforce specific guidelines or regulations that mandate a minimum level of board independence for microfinance banks.

Keywords: Board Independence, Financial Stability, Agency Theory and Financial Intermediation Theory.

Title: BOARD INDEPENDENCE AND FINANCIAL STABILITY OF SELECTED MICROFINANCE BANKS IN KENYA

Author: Phineas Koome Mbaya, Ambrose Jagongo, Gerald Atheru

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 1, April 2024 - September 2024

Page No: 185-190

Research Publish Journals

Website: www.researchpublish.com

Published Date: 17-August-2024

Abstract: This paper examines the relationship between board characteristics, risk management processes, and financial performance of corporations. The study aims to determine the impact of board composition (size, independence, and expertise) on firm performance and to test the moderating role of risk management practices (risk management committee and risk disclosure) in this association. A mixed-method approach was employed, incorporating descriptive statistics, correlation analysis, regression models, mediation analysis, and robustness checks using firm-level data. Results indicate that certain board features substantially and positively influence financial performance metrics such as ROA and ROE. Additionally, risk management practices positively contribute to better financial outcomes. Mediation analysis reveals that risk disclosure partially mediates the relationship between board characteristics and financial performance, acting as a mechanism through which governance influences better financial results. Robustness tests confirm the reliability of these relationships across various model specifications. This research contributes significantly to the understanding of corporate governance and its value to organizations, offering practical implications for those involved in governance, policy, and research aimed at enhancing firm performance through effective governance and risk management.

Keywords: Board Characteristics, Risk Management, Financial Performance, Governance, Risk Disclosure, Regression Analysis.

Title: The Influence of Board of Directors on Risk Management and Financial Performance: A Study within Chinese Corporate Governance

Author: Stancey Tumiso Nkgowe, Concepcion Bengono Ncogo Okori

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 1, April 2024 - September 2024

Page No: 165-184

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Website: www.researchpublish.com

Published Date: 12-August-2024

Abstract: Effective team alignment is a critical factor in the successful execution of projects. This paper explores the principles and practices that contribute to desirable team alignment and also demonstrates effective strategies that will help achieving optimum level of alignment. This paper will analyze the frameworks and adequate steps to ensure teams remain motivated and productive throughout the project lifecycle.

Keywords: Team Alignment, Project Management, Communication, Collaboration, Leadership, Objectives.

Title: Effective Team Alignment to Meet Project Objectives

Author: Mohammad Alotibe

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 1, April 2024 - September 2024

Page No: 158-164

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Website: www.researchpublish.com

Published Date: 12-August-2024

Abstract: It examines the development and effects of supply chain management and logistics in the context of Industry 4.0, the fourth industrial revolution. This research explores how logistics operations could include modern digital technologies such as cyber-physical systems, machine learning, artificial intelligence (AI), Internet of Things (IoT), and big data analytics. The study shows the shift towards smart factories by examining the evolution from previous logistical phases to Logistics 4.0. It highlights the importance of connectivity, automation, and real-time data availability. The goal of the research is to give a thorough understanding of how these technologies affect current logistics by increasing efficiency, flexibility, and adaptation, which will eventually shape supply chains in the future.

Keywords: Logistics 4.0, Industry 4.0, Industry Evolution, Internet of Things (IoT), Artificial Intelligence (AI), Supply Chain Management, Automation.

Title: Logistics 4.0: a systematic investigation leading to an innovative logistics system

Author: Advait Daftari

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 1, April 2024 - September 2024

Page No: 151-157

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Website: www.researchpublish.com

Published Date: 10-August-2024

Abstract: The deployment of Submarine power cables is a complex and critical task that are essential for transmitting electricity across water bodies, connecting islands, offshore renewable energy sources and providing power supply for oil and gas offshore platforms. This literature review provides a comprehensive guide to the strategic planning and design considerations for effective deployment of these cables. Key consideration includes environmental impact assessments, route planning, advance design consideration, monitoring and maintenance protocols. The paper is structured to cover the essential phases of submarine power cable projects, such as preliminary planning and assessments, emphasizing on the importance of environmental impact assessment and cable route planning. Followed by design consideration section where it explores the material selection for appropriate cable type, mechanical and electrical design challenges. Finally, by leveraging technological advancement, best practices and adhering to the guidelines set forth in IEEE 1120-2004, this paper aims to enhance the reliability and efficiency of submarine power cable systems, ensuring their successful design, implementation and operation.

Keywords: submarine power cable projects, renewable energy, cable route planning.

Title: Strategic Planning and Design Considerations for Effective Deployment of Submarine Power Cable Projects

Author: Ahmed S. Alsaedi

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 1, April 2024 - September 2024

Page No: 142-150

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Website: www.researchpublish.com

Published Date: 09-August-2024

Abstract: This study explores the pivotal role of stakeholder engagement in re-branding initiatives within higher education institutions, focusing on Manuel V. Gallego Foundation Colleges in the Philippines. Utilizing a mixed-methods approach, the research engages stakeholders—faculty, non-academic staff, students, parents, alumni, and community partners—to investigate their contributions to institutional identity and their influence on student enrollment and retention. The study underscores the profound impact of stakeholder interactions and conducive environments on enrollment decisions, emphasizing affordability, program availability, and institutional reputation as critical factors. By examining the nuanced dynamics of stakeholder engagement, the study offers actionable insights for educational leaders and policymakers seeking to foster a supportive and inclusive educational environment conducive to sustainable institutional growth. Recommendations include tailored communication strategies, enhanced partnerships with alumni and community stakeholders, and ongoing evaluation of stakeholder feedback to ensure alignment with evolving educational needs and market demands. Ultimately, this research contributes to advancing understanding of stakeholder dynamics in higher education re-branding efforts, providing a comprehensive framework for enhancing institutional visibility and positioning amidst evolving educational paradigms and competitive pressures.

Keywords: Stakeholder, Engagement, Vision, Mission, Rebranding, Strategies, Education, Institution.

Title: STAKEHOLDERS ENGAGEMENT IN THE REALIZATION OF VISION AND MISSION OF EDUCATIONAL INSTITUTION: BASIS FOR RE-BRANDING STRATEGIES

Author: Mica Jean E. Labe

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 1, April 2024 - September 2024

Page No: 136-141

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Website: www.researchpublish.com

Published Date: 27-July-2024

Abstract: Over the period, corporate sponsorship has evolved as a critical aspect of marketing communication. Currently, the “sponsorship-associated internal marketing” element has obtained interest from academia, considering how sponsorship can enhance a firm’s identity and create worker involvement. However, present literature about the influence of sponsorship is still rare, despite the position that workers’ sponsorship activity may affect workers’ perception of their firm and their behavior within the firm. This study is a response to requests to look into the strategic administration of sponsorship within a company. Founded in the Signaling theory and previous sponsorship studies, we created and empirically tested a sponsorship potency framework among workers in consumer goods companies. Our results postulate that greater levels of environmental, sports, and cultural sponsorship quality and a greater level of environmental, sports, and cultural quantity positively influence workers’ brand commitment and behavior via their viewpoint of the brand image and understanding. Additionally, the influence of sponsorship quantity is relatively stronger than sponsorship quality. Management is called upon to consider and involve employees when designing sponsorship deals. 

Keywords: brand image, brand behavior, brand commitment, corporate sponsorship, sponsorship-associated internal marketing.

Title: Building Workers' Brand Behavior through Corporate Sponsorship

Author: Benard Korankye, Leslie Afotey Odai, Omane Abigail

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 1, April 2024 - September 2024

Page No: 118-135

Research Publish Journals

Website: www.researchpublish.com

Published Date: 26-July-2024

Abstract: The objectives of this research are (1) To analyze vertical market integration in West Nusa Tenggara Province; (2) To analyze the price transmission of unhusked rice (GKP) at the producer level to rice prices at the consumer level in West Nusa Tenggara Province; (3) To analyze the price disparity between rice and unhusked rice in West Nusa Tenggara Province; (4) To analyze market efficiency at the provincial level in West Nusa Tenggara Province. The method used in this research is the quantitative descriptive method. The unit of analysis in this study is rice marketing in the Province of West Nusa Tenggara. The data sources used in this research are secondary time series data. Data was collected by obtaining it from related agencies, in the form of time series or secondary data which includes monthly data on rice prices at the producer and consumer levels in the Province of West Nusa Tenggara from 2016-2023. The results of the study show that the vertical market integration of rice in the Province of West Nusa Tenggara can be said to be weak in the short term because the IMC value is 8.3 > 1. In the long term, there is also weak market integration because the d2 value (the coefficient of the current and previous rice price variable) is 0.00 < 0.05. With weak market integration occurring in the short and long term, perfect market efficiency has not yet been achieved. The price transmission elasticity from producers (unhusked rice) to consumers (rice) is 0.549% < 1, meaning the elasticity is inelastic. The price transmission elasticity from consumers (rice) to producers (unhusked rice) is 1.175% > 1, meaning the transmission elasticity is elastic. In general, the disparity between rice prices and the prices of dry harvested unhusked rice (HGKP) in the Province of West Nusa Tenggara during the 2016-2023 period was relatively constant, but for the January-April period (the first planting season), the price disparity was relatively high compared to other months.

Keywords: Market Integration, Price, Transmission Elasticity, Price Disparity, Market Efficiency, IMC (Index of Market Connection).

Title: Analysis of Vertical Integration in the Rice Market in West Nusa Tenggara Province

Author: Tri Yuliana Lopes, Suparmin, Dwi Praptomo Sudjatmiko, Muhamad Siddik, Taslim Sjah

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 1, April 2024 - September 2024

Page No: 109-117

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Website: www.researchpublish.com

Published Date: 24-July-2024

Abstract: Airports play a vital role in the development of aviation infrastructure and have significant implications on global needs. A notable gap exists in the availability of dedicated green practices designed to develop airports into green patterns. Consequently, there is a legitimate and urgent call to formulate a green rating system tailored to airports, considering aspects like carbon footprint, technological integration, and infrastructure expansion. The objective of this research is to establish a proposed green pattern for airports, intended to gauge the greenness of airport activities based on environmental factors and technological progress. This study seeks to showcase the beneficial outcomes of integrating eco-friendly practices in various international Egyptian Airports, with a focus on curtailing carbon emissions, easing congestion, and enhancing airport capacity utilization. The primary approach for data acquisition entailed conducting structured in-person and telephone interviews with 50 managers and supervisors affiliated with the Cairo Airport Company and the Egyptian Airports Company in Cairo.

Keywords: Green Airports, Environment, Digitalization, Congestion, Capacity.

Title: Implementing Green Pattern in the International Egyptian Airports

Author: Sara Aly EL-Sebai

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 1, April 2024 - September 2024

Page No: 102-108

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Website: www.researchpublish.com

Published Date: 22-July-2024

Abstract: This thesis investigates the interrelationships between Mobile Marketing, Customer Satisfaction, and Customer Retention in the contemporary digital landscape. Through empirical analysis and interpretation of data obtained from regression analysis using the maximum likelihood method, the study examines five hypotheses positing relationships between Mobile Marketing efforts and customer outcomes. The results reveal significant positive relationships between Mobile Marketing and both Customer Satisfaction and Customer Retention, highlighting the pivotal role of Mobile Marketing in shaping customer perceptions, behaviors, and loyalty. Real-life examples illustrate the tangible impact of Mobile Marketing strategies on enhancing Customer Satisfaction and fostering Customer Retention. The study also uncovers a reciprocal relationship between Customer Satisfaction and Customer Retention, emphasizing the symbiotic nature of these constructs. However, limitations such as sample representativeness and data collection methods are acknowledged, along with suggestions for future research. Overall, the thesis contributes to a deeper understanding of the complex dynamics influencing customer experiences and loyalty in the digital era, offering practical insights for businesses seeking to thrive in competitive markets.

Keywords:  Mobile Marketing, Purhasing Behaviour, Cosmetic Products, Pakistan.

Title: THE EFFECT OF MOBILE MARKETING ON CUSTOMER POSTPURCHASE BEHAVIOUR: A RESEARCH ABOUT COSMETIC PRODUCTS IN PAKISTAN

Author: Huma Saleem

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 1, April 2024 - September 2024

Page No: 96-101

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Website: www.researchpublish.com

Published Date: 11-July-2024

Abstract: When making purchases online, consumers are faced with various considerations. After making a purchase, consumers do not stop at the consumption stage but will evaluate the product, which can result in satisfaction or dissatisfaction. The method used in this research is descriptive. The unit of analysis in this study is the urban community residing on Lombok Island who consume coffee beverages purchased through e-commerce. This research was conducted on Lombok Island, with 150 respondents determined through purposive sampling. The data sources in this study are primary data and secondary data. Data was collected using interview techniques with questionnaires that were then orally submitted and distributed to the respondents using WhatsApp, Facebook, and Instagram. This study aims to analyze the importance and performance levels of product quality, product safety, ease of obtaining, service, weather, location, Income, Lifestyle, and gender for urban consumers; (2) analyze the satisfaction level of urban consumers with coffee beverages through e-commerce; (3) analyze the influence of product quality, product safety, ease of obtaining, service, weather, location, Income, Lifestyle, and gender on urban consumers' purchase decisions for coffee beverages through e-commerce; (4) analyze the influence of product quality, product safety, ease of obtaining, service, weather, location, Income, Lifestyle, gender, and purchase decisions on urban consumer satisfaction.

Keywords: Purchase Decisions, Consumer Satisfaction, E-Commerce, CSI, IPA, SEM.

Title: The Factors Influencing Purchase Decisions and Consumer Satisfaction for Coffee Beverages through E-Commerce in Lombok Island

Author: Rina Lisa Fitri, I Ketut Budastra, Muhamad Siddik, TajidanTajidan, Halimatus Sa’diyah

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 1, April 2024 - September 2024

Page No: 80-95

Research Publish Journals

Website: www.researchpublish.com

Published Date: 11-July-2024