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 7 Issue 4 (2024)

The Nexus of Green Accounting and Standard of Living in Nigeria

Authors : Asian A Umobong
DOI : doi.org/10.47752/sjbmm.74.108.119
Abstract:
The objective of the study was to determine the long run effect of green accounting on standard of living in Nigeria using data obtained from manufacturing firms’ financial statement for Green accounting and CBN and World Bank publication for Standard of living for the period 2003 to 2022. The Pooled Mean Group (PMG) estimation technique was used in the empirical analysis to estimate the long-run and short-run relationship amongst the variables for the panel data.  The study found only economic cost has significant effect on inflation. Social costs had significant impact on unemployment alone indicating social sustainability practices such as CSR only targets the labour market segment of the economy. The study also found that a rise in environmental and economic expenditures lead to significant reductions in misery index with highly elastic effects that relates a one-to-one effect. We recommend, firms should re-visit social commitments strategy and focus through either a change in CSR strategies or re-evaluation to ensure their sustainability delivers long-term effects in the economy. The study shows only social costs outlay had significant effect on unemployment, especially in improving welfare. Policy makers within the companies need to consider the sustainability policies as a long term planning strategy while also improving linkages of economic expenditures to GDP growth. Policy action by the firms and Government on sustainability and green economic planning must consider long run implications and applicability in all economic segments.

Pages: 108-119

The Effect of Business Ethics and Corporate Social Responsibility on Business Success: Insights from Wa Township in Ghana

Authors : Théophile Bindeouè Nassè ; Gbamara Linda ; Clement Nangpiire
DOI : doi.org/10.47752/sjbmm.74.92.107
Abstract:
Purpose: Over the years, small businesses have been the backbone of economic growth in many low-middle-income settings. Thus, small firms/small businesses have attempted to develop codes of conduct, which can be used to guide managers when making decisions. This study, therefore, explored business ethics, repurchase and corporate social responsibility within Wa Township. Design/Methodology/ Approach: The study employed the case study approach of both qualitative and quantitative methods. A total of 358 smallholder shop owners were randomly selected to participate in face-to-face interviews. The data were keyed into a Microsoft Excel sheet and cleaned. The data set was then imported into SPSS and analysed using frequencies, proportions and chi-square test of independence. Findings: The results have shown a strong statistical relationship between business ethics and purchase (p=0.000), business ethics and repurchase (p=0.000), business ethics and corporate social responsibility (p=0.000). Practical implications: Small shop owners recognise the central place of ethical behaviours and repurchase and corporate social responsibility on business growth through increased sales. This study therefore recommends investment in growing smallholder business owners’ knowledge about the necessity of business ethics and customer satisfaction.

Pages: 92-107

Tax Revenue and Economic Sustainable Development of Sub-Sahara African Countries

Authors : Osinowo Olalekan Olawale ; Adegbie Festus Folajimi ; Akintoye Ishola Rufus ; Ogundajo Grace Oyeyemi ; Olunuga Olusoji David
DOI : doi.org/10.47752/sjbmm.74.80.91
Abstract:
The focus of every nation is on meeting the year 2030 global target for the attainment of the Sustainable Development Goals (SDGs) especially in the sub-Sahara African (SSA) countries. However, sub-Sahara African Countries are still lagging in achieving the SDGs as there is still a high level of hunger, poverty, and poor standard of living. This paper examined the effect of tax revenue on economic sustainability in sub-Sahara African Countries using a quantitative approach, A panel data of 38 sub-Sahara African Countries for 21 years (2001–2021) was employed. The output of the regression analysis carried out using the system generalized moment method revealed that tax revenue had a significant effect on economic sustainability, and governance quality significantly controlled the effect of tax revenue on economic sustainability in sub-Sahara African countries. The study concluded that tax revenue enhanced the attainment of economic sustainability in sub-Sahara African countries. It was recommended that the government of sub-Sahara African countries should adopt comprehensive tax reforms and strengthen governance quality to boost the funds needed towards the attainment of economic sustainability in the region.

Pages: 80-91

Insights into Cheese Marketing in Bangladesh: Marketing Cost, Margin, and Efficiency

Authors :
Imtiaj Ahmed ; Shakila Salam ; Shihab Shahriar Adib

DOI : doi.org/10.47752/sjbmm.74.74.79
Abstract:
Cheese though not native to Bangladesh has seen an increased surge in popularity in recent years. Even though there have been several studies that focus on the economic aspects of cheese production, there is a dearth of studies tackling the marketing aspects of cheese in Bangladesh. This study is an attempt to examine the marketing channels, the cost associated, the marketing margin, and the marketing efficiency of cheese in Bangladesh. This study is mainly based on primary data, collected from purposively selected participants from the districts of Kishoreganj, Thakurgaon, and Manikganj. The respondents consisted of 50 cheese producers and 20 market intermediaries. Simple descriptive statistics were employed to analyze the data. Traditional and modern types of channels were associated with the marketing of cheese. Marketing cost analysis identified, transportation, facility rent, and outlet maintenance to be the primary cost components. The value additions of per kg cheese by wholesaler-cum-retailers, retailers, and supermarkets were calculated at BDT 232.40, BDT 97.12 and BDT 250, respectively. Significant net margins were observed across all the channels. Though producers mostly used Channel I, Channel III (Producers → Consumers) and Channel IV (Producers → Retailers → Consumers) were identified to be the most efficient among the different channels examined in the study. Channel II had the lowest price spread, on the contrary, Channel V had the highest one. Just after direct marketing, cheese producers received higher percentage of consumers price (74%) using Channel II. Given the current potential of the cheese industry, the government should focus on this sector to address and overcome existing challenges in cheese marketing.

Pages: 74-79