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The American Journal of Management and Economics Innovations

Volume 6.
Issue 03.

Volume 06 Issue 03

March 2024

Explore the research published in this issue. Read article details, abstracts and available full-text files.

Open access ISSN 2693-0811 8 articles
tajmei ISSN 2693-0811

Ideas without
boundaries.

The American Journal of Management and Economics Innovations

VOLUME 6 / ISSUE 03 MARCH 2024
IN THIS ISSUE

Table of contents.

8 articles

Management and Economics

8 articles
1
Management and Economics · OPEN ACCESS 01 March 2024

TRUST IN LEADERSHIP: UNRAVELING THE LINK BETWEEN TRANSFORMATIONAL LEADERSHIP AND JOB SATISFACTION

Slamet Gunawan

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This study delves into the intricate relationship between transformational leadership style, trust in leadership, and job satisfaction within organizational settings. Employing a quantitative research approach, data was collected from employees across various sectors to investigate the mediating role of trust in leadership on the relationship between transformational leadership and job satisfaction. The findings underscore the significant influence of transformational leadership on both trust in leadership and job satisfaction. Moreover, trust in leadership emerges as a pivotal mediator, elucidating the mechanism through which transformational leaders impact the satisfaction levels of their subordinates. This study sheds light on the importance of fostering trust in leadership as a means to enhance job satisfaction and organizational effectiveness.

 

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2
Management and Economics · OPEN ACCESS 30 March 2024

THE EFFECT OF THE SOCIO-ECONOMIC DEVELOPMENT OF THE COUNTRY ON THE POPULATION OF PERSONAL INSURANCE TYPES

Zhonuzokov Ozod Shokir

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In this article, the role and importance of personal insurance in the social protection of the population, the types of personal insurance and their essence are highlighted, and the reforms implemented in the practice of personal insurance are considered. The economic nature of life insurance is revealed, the factors affecting the popularity of this type of insurance are analyzed, and proposals and recommendations for improving the practice of personal insurance are developed.

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3
Management and Economics · OPEN ACCESS 28 March 2024

BENEFITS OF SADAQAH JARIYA IN A ISLAMIC RELIGION PERSPECTIVE

Dr Umar Mohammed Ali

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Sadaqah is any voluntary act of righteousness or kindness that is made with no expectation for anything in return. There is no minimum amount of Sadaqah that must be given and no requirement to give regularly. Sadaqah can be split into two further acts of kindness, Sadaqah itself, which is considered a short-term gesture and Sadaqah Jariyah, which is a gesture that gives long-term. There is no requirement to what you need to do to fulfil Sadaqah, meaning that something as simple as sharing your knowledge in Islam can be a gesture that continues to give.

Sadaqah Jariyah differs slightly from Sadaqah. While Sadaqah Jariyah is still a voluntary form of charity like Sadaqah, it must have a lasting impact on the receiver. To that end, examples of Sadaqah Jariyah include planting a resourceful tree, such as fruit trees or contributing towards the building of water wells, schools, or hospitals .

What's beautiful about Sadaqah Jariyah is, you can donate on behalf of someone, whether it's for someone alive or a deceased family member. For your loved ones, they will be rewarded in their graves and in the hereafter as if it was a deed they've performed when they were alive.

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4
Management and Economics · OPEN ACCESS 26 March 2024

THE INFLUENCE OF ARTIFICIAL INTELLIGENCE ON CUSTOMER BEHAVIOR

Dr. Bandar Khalaf Alharthey

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This study explores the complex interaction between artificial intelligence (AI) and customer behaviour in Saudi Arabia. The study, while investigating, considers the influence from different aspects, including awareness, perceptions, personalization's, trust, cultural and socio-economic variables; it then unfolds the entire impact, providing a holistic understanding. Government actions, partnerships, and regulatory bodies are found to induce AI adoption; consumer inclination also result from different cultural norms and diversified beliefs. The findings highlight ensuring the real-world applications of AI contain practicability and distinctiveness is conditioned by matching them with social norms, thereby understanding whether they will be a cause of change or just a cause of automation. Lines of class or caste are drawn with the help of multi-faceted AI utilization. The insights from the study show that the impact of AI on customer behaviour in Saudi Arabia is multi-layered, and every layer of it comes with strategic advice to be crafted by businesses and policymakers to navigate the transformative environment properly.

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5
Management and Economics · OPEN ACCESS 02 March 2024

DIVING INTO CORPORATE STRATEGIES: RISK, SIZE, FISCAL LOSS COMPENSATION, AND TAX AVOIDANCE

Diah Widodo

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This study delves into the dynamics of company risk, size, fiscal loss compensation, and tax avoidance within Indonesian Islamic companies. Utilizing a comprehensive dataset and employing advanced statistical techniques, the research investigates the relationships among these key variables. The findings shed light on the nuanced interactions between company risk, size, fiscal loss compensation, and tax avoidance strategies in the context of Islamic companies operating in Indonesia. Insights gained from this analysis offer valuable implications for corporate governance, risk management, and fiscal policy within the Indonesian Islamic business landscape.

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6
Management and Economics · OPEN ACCESS 29 March 2024

THE INFLUENCE OF ORGANIZATIONAL CULTURE ON EMPLOYEE WELL-BEING AND PRODUCTIVITY: INSIGHTS AND RECOMMENDATIONS FOR VIETNAMESE ORGANIZATIONS

Tuyet, Thi Ngo, Huong, Xuan Vu , Chau, Dang Nguyen

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The impact of organizational culture on employee well-being and productivity is a crucial factor in determining the success of an organization. This study aims to investigate the relationship between organizational culture, employee well-being, and productivity, with a specific focus on Vietnamese organizations. By conducting an extensive review of literature and analyzing empirical evidence, the research identifies key cultural dimensions and organizational practices that influence employee well-being and productivity within the Vietnamese context. This paper delves into how cultural values, leadership styles, communication patterns, and organizational structures shape employee satisfaction, motivation, engagement, and performance. It also sheds light on the unique cultural nuances prevalent in Vietnamese organizations, such as collectivism, hierarchy, and uncertainty avoidance, and how these factors impact employee experiences. Additionally, the research examines case studies from selected Vietnamese companies to gain insights into their organizational cultures and management strategies. Through this analysis, it identifies the challenges and opportunities that exist in enhancing employee well-being and productivity within the Vietnamese cultural landscape. Expanding on these insights, the article presents practical suggestions for cultivating a favorable organizational culture that nurtures the well-being, engagement, and efficiency of employees. These recommendations encompass the promotion of trust, transparency, and inclusivity, the implementation of initiatives to enhance employee well-being, the alignment of organizational objectives with employee values, and the fostering of supportive and empowering leadership. Furthermore, the article puts forth tailor-made workshop sessions for Vietnamese companies, providing guidance on comprehending organizational culture, fostering employee well-being, improving productivity, and honing leadership skills to create a supportive work environment. By addressing the distinct cultural dynamics and offering actionable strategies, this research enables organizational leaders to establish a positive and productive work atmosphere, thereby contributing to the overall success of Vietnamese organizations.

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7
Management and Economics · OPEN ACCESS 28 March 2024

INCENTIVE TO SET UP BUSINESS IN KANO FREE TRADE ZONE

Dr Umar Mohammed Ali

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Kano Free Zone is one of the Federal Government owned Free Zone established pursuant to section 1 of Nigeria Export Processing Zones (NEPZA) Act 63 of 1992. Kano Free Trade Zone was declared an Export Processing Zone in 1998, however, in 2001 the transformation to Free Trade Zone was approved by Mr. President-In-Council.

 Even though Nigeria’s special economic zone (SEZ) policies own their inception to the observed success of kanoi free trade SEZs on FDI inflows, job creation, a I argue that China’s policies on SEZ’s cannot be expected to deliver similar performance levels when crudely applied to the geopolitical and economic disparities across Nigerian regions, rather, Nigeria’s SEZ policy requires careful identification of enabling factors, and implementation of supplementary policies for factors which differentiate it from China, while also taking into consideration some inherent similarities which can contribute its local success story.

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8
Management and Economics · OPEN ACCESS 18 March 2024

THE EFFECT OF APPLYING GOOD GOVERNANCE ON THE QUALITY OF FINANCIAL REPORTS FOR A SAMPLE OF INDUSTRIAL COMPANIES LISTED ON THE IRAQI STOCK EXCHANGE

ALYAA HUSSEIN MOHAMMED ALI ALESA, Yosra MNIF SELLAMI

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The research aimed to test the relationship between good governance and the quality of financial reports. For a sample of Iraqi companies listed on the Iraq Stock Exchange, the study sample was 16 industrial companies from 2015-2021. The quality of financial reports was measured through the Jones 1991 scale, and good governance was measured through the number of members of the Board of Directors and the number of independent members. The study concluded a positive relationship between good governance and the quality of financial reports, as the size of the board of directors improves the quality of financial reports. There was also a statistically significant effect of the number of independent board members on the quality of financial reports.

 

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