Sumerianz Journal of Business Management and Marketing

    
Online ISSN: 2617-0175
Print ISSN: 2617-1724

Quarterly Published (4 Issues Per Year)

Journal Website: https://www.sumerianz.com/?ic=journal-home&journal=27

Archive

Volume 2 Issue 1 (2019)

A Study on the Integrated Property of A Chinese Petroleum Firm Stock Prices

Authors : G. L. Zou
Abstract:
This paper argues that a significant historical event (such as the PetroChina listing) may have been a shock to Chinese stock markets. Similar energy stock prices might not be mean-reverting. Applying trading data from 1997-2017 and the ADF, PP unit root and Perron break-point tests, this study suggests that the Geo Jade Petroleum stock prices are integrated of order one and trend-stationary. The date of the structural shift occurred in May 2007 is almost synchronously with that of the PetroChina listing event. The prices are not mean-reverting.

Pages: 15-18

“Determining Factors of Minimum Wage in the Member States of the OECD”

Authors : Dr. Nickolaos Giovanis
Abstract:
Undoubtedly, according to the literature, the minimum wage affects employment, consumer prices, inflation, student’s enrollment levels in schools, exports, poverty, prosperity, demand and supply of products, labor and the general growth of a State. This article presents the results of a survey conducted using multiple regression. The main objective of this research was to find the factors that are determinants of the level of the minimum wage,  the investigation of the existence of a relationship between the minimum wage and various aggregates and other indicators in the context of a state. This was achieved with the creation of a shuttle equation formed, which shows that of the 20 variables introduced in the model only the variables GDP billions US dollar, Net National Income per capita and GDP per hour worked,  which affected the value of the minimum wage. Additionally, the survey results showed that the best predictor variable was GDP billions US dollar, followed by the rest of the model’s variables but with continuously declining significance.

Pages: 6-14

The Influence of Social, Marketing and Personal Factors on Bottled Water Drinking Behaviour in Eritrea

Authors : Fitsum Ghebregiorgis ; Habteab Tekie Mehreteab
Abstract:
The consumption of bottled water has been increasing consistently across the globe. The main objective of this study is to investigate the social, marketing and personal factors affecting bottled water consumer behavior in Eritrea. This study examines the factors influencing bottled water consumption behaviour in Eritrea. The survey research design was employed using questionnaire as the data collection instrument. The items measuring the constructs were adapted from the extant literature. Data was analyzed using regression and correlation test. The Statistical Package for Social Sciences Software was used to analyze the data. Survey results based on a sample of 540 respondents indicate that some of the social, marketing and personal factors have a significant impact on frequency of drink and reason for purchase of bottled water (buying behaviour of consumers).

Pages: 1-5