ANALYSIS OF TAXES PAYMENT, AUDIT QUALITY AND FIRM SIZE TO THE TRANSFER PRICING POLICY IN MANUFACTURING FIRM IN INDONESIA STOCK EXCHANGE
Lucky Nugroho; Brianditya Ridlo Wicaksono, Wiwik Utami
Abstract: This research is aimed to analyze the effect of tax, audit quality and firm size to an indication of transfer pricing in the manufacturing firm that listed in Indonesia Stock Exchange during the period 2010-2016. Independent variable in this research was tax payment, audit quality and firm size and dependent variable used is transfer pricing policy. This research used secondary data analysis of financial statements or annual reports of firms in Indonesia Stock Exchange. The population of this research is a manufacturing firm in the period 2010-2016. The research using purposive sampling method, the total amount of samples was 133 firms. This research used logistic regression analysis as an analytical method. The results of the analysis in the research showed that tax-effected and significant to an indication of transfer pricing. While auditing quality and firm size not significantly on an indication transfer pricing.
[ FULL TEXT PDF 1-11 ] DOI: 10.30566/ijo-bs/2018.288
PROFESSED FACTORS INFLUENCING ENVIRONMENTALLY SUSTAINABLE HOUSEHOLD CONSUMER BEHAVIOR: BANGLADESH PERSPECTIVE
Md. Shajjad Hossain
Abstract: The purpose of the paper is to study the factors influencing environmentally sustainable behavior of the household consumers in Bangladesh. Quantitative method has been used in the paper to attain research objectives and structured questionnaire survey was conducted using convenience sampling method for data collection. IBM SPSS was used for descriptive statistics and exploratory factor analysis. The factor named as ‘Environmental Responsibility’ explains maximum variation that covers the variables i.e., avoiding environmentally harmful product, avoiding products causing pollution, buying products in reusable container, avoiding products of environmentally irresponsible company, using energy efficient household appliances, and switching towards products for ecological reason, has the highest impact on ensuring environmentally sustainable household consumer behavior. In terms of ranking, the ‘Resource Saving’ factor was ranked first where people prefer to avoid any kind of waste of natural gas and water during household chores. The results witnessed that the respondents realize environmental responsibilities but yet can’t afford to be eco-friendly in full. The results are based on a comparatively small sample size selected from a limited geographic area within two major & biggest metropolitan cities such as Capital City and Commercial Capital City only, which could be expanded throughout the country. The research findings would be useful for professionals involved in environment marketing to promote environmentally sustainable household consumption as a key citizen responsibility through appropriate education, adequate learning along with shaping cultural traits. This research provides valuable insights into sustainable household consumption in Bangladesh by investigating the factors that influence consumers’ environmentally conscious behavior.
[ FULL TEXT PDF 1-11 ] DOI: 10.30566/ijo-bs/2018.286
PROSPECTS OF HALAL PRODUCTS IN DEVELOPING COUNTRIES: COMPARISON BETWEEN NIGERIA AND MALAYSIA
lIdris Oyewale Oyelakin; Asnidar Hanim Yusuf
Abstract: Halal products are beneficial to a nation’s economic development in terms of its contribution to gross domestic product (GDP) as clearly demonstrated by multi-racial countries like Malaysia. This should prompt developing nations such as Nigeria, to provide ethical and healthy products for both Muslims and non-Muslims in the country by using Malaysia as a role model. Nigeria, being a developing country needs to adopt halal implementation as much as Malaysia, simply because of her multi religion state. Thus, the purpose of this study is to look at the prospects for halal products in developing the economy, such as Nigeria, and how it can be a major source of revenue generation. This study uses a conceptual method to compare practices of halal implementations in industries in Malaysia as a benchmark to apply the same method in Nigeria. The study also boldly suggests why developing countries, especially Nigeria should establish a government backed halal regulatory authority. The findings of this study conclude that as a Muslim dominated country, Nigeria has the potential to rise as one of the main players in halal industry. However, the limited literature on Nigeria halal products industry has restricted the present researchers to come up with recommendations that should be taken to overcome the issue. However, the general idea of the current situation in Nigeria in regards to halal products industry implementation is stated in this study. The outcome of this research is hoped to be a source of reference for developing nations, especially Nigeria who might be interested in the halal product industry in the future.
[ FULL TEXT PDF 1-10 ] DOI: 10.30566/ijo-bs/2018.285
CAMEL VARIABLES AND MALAYSIAN BANKS PERFORMANCE
Idris Mukhtar; Fauzias Mat Nor, Ainna Bint Ramli, Azrul Azlan Bin Iskandar Mirza
Abstract: One of the main driver to good economy is Banking system. Without an efficient banking system, there is a risk for whole failure in the economy with the resultant consequences of high cost of living, unemployment, inflation, falling value of currencies etc. Many studies in past examines factors that effects the bank’s profitability, using both internal and external factors that affect the banks performance. However, the findings in these studies indicates a different result at different times within the same jurisdictions. This paper will close this gap by finding out the result of the internal factors that affect Malaysian Islamic and conventional banks’ performance during the period between 2008-2016. The study used secondary data from (Fitch connect databases) to evaluate the internal variable (CAMEL) and the return on equity (ROE) as dependent variables, Stata Econometrics software through panel data was used for analysis. The findings of the study show contrary result from the anticipated, it shows that the newly introduced long-term liquidity measured (NSFR) did not significantly affect the Malaysian Banks performance as measured by ROE. Thus, the future study should focus to find whether NSFR has effect of banks profitability through other internal of external factors (i.e. mediating/interactions effects of NSFR and banks performance). The implication of the study is twofold; first it serves as avenue for policy makers to find out more issues that leads to the 2008 financial crisis, second, researchers in the banking sectors will use it as a gap for further research in this area.
[ FULL TEXT PDF 1-14 ] DOI: 10.30566/ijo-bs/2018.284
THE SYRIAN ECONOMY OVER THE PERIOD (2011 – 2017), CHALLENGES AND SOLUTIONS
Abstract: The Syrian economy has been affected by this war. The numbers are evidence of the deterioration of the Syrian economy and the loss of billions of dollars since the beginning of the war, especially the energy, industrial and agricultural sectors. Syria also suffered mass exodus and emigration. Have very serious indications and indicators. However, the research shows that the Syrian economy has all the elements to return to the better than it was in the field of agriculture, it has the necessary infrastructure of dams and land and agricultural expertise acceptable but needs to develop to return to what it was. In order to achieve the best and to upgrade to better than it was in the introduction of some things that are considered sophisticated and the country needs foreign expertise to do so. It has been found that the main factor of development and reconstruction is the elimination of terrorism and internal reconciliation among the components of the Syrian people and the return of lost stability, which is necessary for any development process.
[ FULL TEXT PDF 1-9 ] DOI: 10.30566/ijo-bs/2018.283
JURISDICTIONAL CONFLICTS BETWEEN SHARIAH COURTS AND COMMON LAW COURTS IN THE APPLICATION OF ISLAMIC BANKING AND FINANCE IN NIGERIA
Lateef Wale Adeyemo; Abdullateef Abubakar Siddiq, Muhammad Aunurra’him Masa’ad, Ahmad Zaki Saleh
Abstract: The growth and development of Islamic Banking and Finance in Nigeria depends on the courts in which its dispute resolutions are anchored. The court for Islamic banking and finance dispute resolution and its practitioners must be knowledgeable and versed in Islamic finance law. Despite this, those who are trained in common law, either as judges or advocates, continue to weigh a considerable influence in matters that border on Islamic banking and finance dispute resolution. As such the judges and advocates enjoyed the constitutional backing. However, the situation is affecting the disputes resolution on Islamic finance and the growth of Islamic finance in Nigeria. In order to solve this peculiar problem, this paper analyzes how the common trained judges and lawyers have and may have considerable influence in the resolution of Islamic banking and finance disputes in the country. This more so emphasizes that dispute is inevitable in any human endeavors. However, Islamic finance dispute should be resolved by those who have knowledge on Shariah and versed in Islamic finance. It is recommended that those judges and lawyers that have Shariah and Islamic finance law knowledge should be considered to hear and determine any matters associated with Islamic banking and finance in Nigeria. However, if applied, it will assist the growth and development of the dispute resolution sector in the court of law. At the same time, it will assist the growth and development of Islamic finance in Nigeria.
[ FULL TEXT PDF 1-10 ] DOI: 10.30566/ijo-bs/2018.282
FACTORS INFLUENCING THE SERVICE QUALITY ON STUDENT SATISFACTION AT MANAGEMENT SCIENCES UNIVERSITY
Hamd Abdulrahim Abdulkerim Bomrez, Normy Rafida Binti Abdul Rahman
Abstract: The competitive state Malaysian higher education industry is set to intensify over the forthcoming years. The aim of the study is to measure the service quality in education and identify the differences of the student perception of the service quality based on their demographic factors and academic profiles. To remain competitive, it requires continuously acquiring, maintaining and building stronger relationships with students. This study has led to discuss the relation between the service quality and the satisfaction for MSU’s students in Malaysia also, study attempts to examine the relationship between service quality dimensions and overall service quality (tangible services, responsiveness, reliability, assurance, and empathy) and student satisfaction. Furthermore, this study is also examining critical factors in service quality dimensions (tangible service, reliability, assurance, and empathy) through disturbed questionnaires to 220 students at the University in different levels of higher education. The findings generally indicate that the majority of students are satisfied with the facilities provided by universities. Such findings should help universities make a better strategic plan as to enhance students’ satisfaction in particular and its overall performance in general. In general, the results indicated that all the five dimensions of service quality were correlated with student satisfaction.
[ FULL TEXT PDF 1-11 ] DOI: 10.30566/ijo-bs/2018.281