Market Quality Research Articles

Minat Beli Ditinjau dari Pemasaran Online, Kualitas Pelayanan, dan Tingkat Kepercayaan Kue Lumpur Bakar Shekinah Boyolali

This research aims to determine the influence of marketing online service quality, as well as the level of trust in consumer buying interest. This research method uses a quantitative descriptive approach. The population in this study is consumers of Kabar Shekinah Mud Cake Shop in 2023-2024, the number of which is not known with certainty. The sampling technique in this research uses techniques purposive sampel with a sample of 100 respondents. Data collection using a scale questionnaire linkert to measure respondents' answers. The data analysis technique used is statistical analysis with multiple linear regression, F test, t test, and coefficient of determination. Data analysis was assisted by SPSS version 25 software. The results of this research show that partially online marketing and service quality has a positive and significant effect on purchasing interest at the Bakar Mud Cake Shop Shekinah Boyolali. Meanwhile, the level of trust has an insignificant positive effect on purchasing interest at the Bakar Mud Cake Shop Shekinah Boyolali. Purchase interest can be explained by marketing variables online, service quality, and trust level of 64%

Trading Volume Shares and Market Quality: Pre- and Post- Zero Commissions

After the adoption of zero-commissions by major brokers, they increasingly route orders to wholesale market makers to possibly earn payment for order flow given the loss of commissions. Retail investors assets held by zero-commission and commission-charging brokers increase 7% and decrease 9%, respectively. Retail investors earn less price improvement per share and submit more orders and smaller orders. Effective spreads decline because retail limit prices are increasingly posted within the bid-ask spread. Intraday volatility increases and price impact falls, as orders become more uninformed, while realized spreads remain unchanged.

Evaluation of size-based distribution of components in VYXEOS® liposomal formulation using asymmetric flow field-flow fractionation

VYXEOS® is the first FDA-approved dual-API liposomal formulation containing two different chemotherapeutics, daunorubicin and cytarabine at a 1:5 molar ratio. Analysis of bulk formulation does not provide insight to size-based distribution of APIs and excipients, therefore asymmetrical flow field-flow fractionation (AF4) was utilized for the size-based separation of VYXEOS® liposomes and collected size fractions were further analyzed for the concentrations of APIs, lipid excipients, and copper. Analysis results revealed a significant variation in API distribution across the size fractions, with the larger liposomes encapsulating a higher ratio of cytarabine to daunorubicin compared to the smaller liposomes, while lipid excipient composition was held constant across the size range. We attribute the size-based variation of API ratios to structural change during API loading and sequence of API loading. Cytarabine is first passively loaded into liposomes containing copper gluconate, and then daunorubicin is actively loaded using copper gradient where the daunorubicin is retained in the liposomes as a copper complex. This method can be extended to characterize various single and dual-API liposomal nanocarriers during drug product development and/or post market quality control.

Analysis of Factors Affecting Customer Loyalty and Acquisition in Sociopreneurship-Based Cleaning Services

The competitive landscape necessitates that startups have competitive strategies to attract consumers and retain customers. Startups need to realize sustainable business practices where companies cannot solely focus on profit but also implement sustainable business concepts that consider social and economic dimensions. Various digital platforms can be utilized by companies to publicize their business activities. One such startup that applies this strategy is Cleansheet, a sociopreneurship in the field of cleaning service based on empowerment. The research was conducted in Bogor from January to March 2024 through interviews and the distribution of questionnaires to 285 respondents. The results of the SEM analysis show that Cleansheet's customer acquisition is significantly influenced by digital marketing, customer loyalty, and sustainability perception. Meanwhile, customer loyalty is significantly influenced by customer satisfaction, sustainability perception, digital marketing, and service quality. Regarding the indirect effect, customer satisfaction significantly acts as a mediating variable in the partial influence of digital marketing and service quality on customer loyalty.

Financial feasibility: developing and commercializing Turmeric Kombucha with the business model canvas

Turmeric Kombucha, a fermented drink combining the anti-inflammatory properties of turmeric, represents a promising product of functional beverage market. In order to successfully bring Turmeric Kombucha to market, it is essential to evaluate its commercialization potential. This involves assessing the Business Model Canvas (BMC) and financial feasibility metrics. This study aims to determine the feasibility and strategies for successfully commercializing Turmeric Kombucha for development a business plan with scale up the production of Turmeric Kombucha. The result indicate that Turmeric Kombucha has a viable business model with 9 elements. Based on financial shows that Net Present Value (NPV) of $ 13,405,417.62, an Internal Rate of Return (IRR) of 71.42 %, a Payback Period (PP) of 0.59 years, and Break-Even Point (BEP) metrics of 3,173 units and $ 4,914.46. The analysis shows strong financial viability and significant growth potential for Turmeric Kombucha, supported by sustainable and efficient supply chain partnerships. The features and characteristics of the obtained results in this study, namely: a) high consumer interest from health-conscious individuals over 18 years old; b) health benefits of Turmeric Kombucha include hepatoprotective, immunomodulatory, antidiabetic, and antioxidant properties; c) key resources include efficient production processes, user-friendly equipment, and adequate human and financial resources. The practical application of these results involves strategies for scale up of market expansion, quality standardization, and supply chain enhancement. Customer relationships are fostered through direct and indirect distribution channels such as marketplaces, word-of-mouth, and retail stores.

Designated market makers and agricultural futures market quality: Evidence from China's Dalian commodity exchange

AbstractMany financial markets use designated market makers (DMMs), but the impacts of DMMs on agricultural futures markets – and in particular, how to arrange DMMs among contracts expiring in different months – are largely neglected. In 2017, Chinese exchanges started recruiting DMMs for inactive contracts when they become nearby contracts to address the discontinuous trading activity of nearest‐to‐maturity contracts, which enables us to study the benefit and cost of recruiting DMMs for inactive contracts using a quasi‐experimental framework. Leveraging tick‐by‐tick data on corn and soybean meal futures, we find that DMMs improve the market quality of inactive contracts without disrupting the market quality of dominant contracts. Heterogeneity analysis in policy settings suggests that more DMMs are conducive to improving market quality for corn and soybean meal futures. We demonstrate that DMM policy is a feasible measure to facilitate continuous activeness in Chinese agricultural futures markets. Our results are important for exchanges and regulators seeking to better design and implement designated market‐making programs in agricultural futures markets.

The effects of extreme market conditions on investors’ herding behavior in the Malaysian stock market

The presence of herding behaviour could cause abnormality and extremely volatile markets, especially in emerging markets. This behaviour has been studied extensively but with inconclusive results. This paper investigates the effects of extreme market conditions on investors’ herding behaviour in the Malaysian stock market. Two common measures for herding behaviour were employed: cross-sectional standard deviation (CSSD) and cross-sectional absolute deviation (CSAD). Data were extracted from the daily closing prices of 346 companies listed on Bursa Malaysia. The study spans from year 2000 to 2019, consisting of pre-crisis, during-crisis and post-crisis, during up- and down-market conditions. The results from CSSD revealed the presence of herding behaviour during the pre-crisis in both extreme up and down-market conditions. In the post-crisis, herding behaviour was observed in extreme up-market conditions. Using CSAD, herding behaviour was prevalent in extreme up-market conditions and post-crisis in extreme down-market conditions. These findings offer additional evidence supporting the existence of herding behaviour during extreme market conditions. Mitigating herding behaviour through enhanced information disclosure and increased investor awareness can improve market quality and reduce volatility.

A long-term analysis of research unbundling: implications for research provision and market quality

AbstractThis replication study assesses the long-term effects of MiFID II’s research unbundling rules on investment research provision and stock market quality. We extend existing studies by utilizing a post-event period exceeding five years, by regional differentiation within Europe, and by incorporating the new option to rebundle payments for order execution and research services for SMEs. In line with existing studies, we find a decrease in analyst coverage after MiFID II, particularly for large caps, while SMEs remain unaffected. These findings are consistent across different European regions but not for the United Kingdom. Market quality experiences a decline, with lower trading volume and increased volatility, offset by liquidity improvements for larger firms. After the introduction of rebundling, which has not been analyzed by existing studies, SME research coverage declines, suggesting that investment firms are not utilizing this option. Our findings offer insights for evidence-based policy-making as regulatory discussions on research unbundling persist in different jurisdictions.

Pengaruh Digital Marketing dan Kualitas Pelayanan terhadap Keputusan Pembelian pada Studio Warnails di Karawang

The research conducted at Studio Warnails aimed to determine the impact of digital marketing and service quality on purchasing decisions for products and services. A quantitative method was chosen for this study. Non-probability sampling was conducted through purposive sampling approach. The population in this study consisted of consumers who had purchased products or services from Studio Warnails and followed the Instagram account @warnails.id, with a sample size of 168 participants. Data processing was carried out using SPSS ver.27. The findings of the research indicate that digital marketing and service quality have a positive and significant impact, both partially and simultaneously, on purchasing decisions at Studio Warnails.

K-mer genome-wide association study for anthracnose and BCMV resistance in a Phaseolus vulgaris Andean Diversity Panel.

Access to broad genomic resources and closely linked marker-trait associations for common beans (Phaseolus vulgaris L.) can facilitate development of improved varieties with increased yield, improved market quality traits, and enhanced disease resistance. The emergence of virulent races of anthracnose (caused by Colletotrichum lindemuthianum) and bean common mosaic virus (BCMV) highlight the need for improved methods to identify and incorporate pan-genomic variation in breeding for disease resistance. We sequenced the P. vulgaris Andean Diversity Panel (ADP) and performed a genome-wide association study (GWAS) to identify associations for resistance to BCMV and eight races of anthracnose. Historical single nucleotide polymorphism (SNP)-chip and phenotypic data enabled a three-way comparison between SNP-chip, reference-based whole genome shotgun sequence (WGS)-SNP, and reference-free k-mer (short nucleotide subsequence) GWAS. Across all traits, there was excellent concordance between SNP-chip, WGS-SNP, and k-mer GWAS results-albeit at a much higher marker resolution for the WGS data sets. Significant k-mer haplotype variation revealed selection of the linked I-gene and Co-u traits in North American breeding lines and cultivars. Due to structural variation, only 9.1 to 47.3% of the significantly associated k-mers could be mapped to the reference genome. Thus, to determine the genetic context of cis-associated k-mers, we generated draft whole genome assemblies of four ADP accessions and identified an expanded local repertoire of disease resistance genes associated with resistance to anthracnose and BCMV. With access to variant data in the context of a pan-genome, high resolution mapping of agronomic traits for common bean is now feasible.

The impact of stock index futures margin levels on market quality

We examine the impact of margin levels on market quality in the China Shanghai–Shenzhen 300 (CSI 300) Stock Index Futures market. Utilizing microstructure theory and the OPOK model, we specifically focus on volatility, liquidity, and effectiveness. Our findings reveal that lowering the margin level for stock index futures reduces capital constraints for both informational and non-informational traders. Furthermore, we show that a reduction in margin levels enhances market liquidity and effectiveness. Improvements in liquidity and effectiveness subsequently reduce market volatility, indicating that a decrease in margin levels does not necessarily increase market risk. Based on these results, we recommend setting margins for stock index futures with comprehensive consideration of their combined effects on volatility, liquidity, and effectiveness.

Productivity and amarketable gualities of apple tree fruits of the Golden Delicious variety on low growing rootstocks depending on pruning

One of the main agrotechnical activities carried out in the garden is tree pruning. When studying the variety-double combinations of apple trees in certain environmental conditions, it is necessary to take into account the strength of growth, the density of fouling, the type of branching, the structure of fruit formations, which depends on the varietal characteristics and technologies of growing plantations.The author presents the results of studying the parameters of the influence of the degree of pruning of Golden Delicious apple trees grafted on low-growing rootstocks SK-7 and M-9, depending on the rootstock, on growth processes, productivity and marketable qualities of apple fruits. The reaction of plantings to pruning was determined depending on the biological characteristics of the variety and on the degree of branch removal and their orientation. With an increase in the intensity of pruning, the leaf surface area per fruit on the rootstock SK-7 was 180–750 cm², on the rootstock M-9 — 172–619 cm², respectively. The yield of apple trees from one tree on the rootstock SK-7 was 13.2 kg with a minimum shape, 11.4 kg with an average, 10.5 kg with a maximum, and 11.4 kg, 9.5 kg and 7.7 kg on the rootstock M-9, respectively. The average weight of fruits grafted on the rootstock SK-7 increased by 1.9 times, and on the rootstock M-9 — by 1.3 times.It was noted that the life cycles of trees on the low-growing dwarf rootstock SK-7 were 10–12% higher than on the rootstock M-9.

Foreign Corrupt Practices Act (FCPA) and market quality in emerging economies

AbstractIn many emerging economies with antiquated laws, bribes paid to government officials reduce economic impediments and serve as a device to improve market competition, thereby contributing to the modernization of an economy. In this context, this paper uses a simple two‐stage game theoretic model to investigate the effects of the US Foreign Corrupt Practices Act (FCPA) on such economies. We demonstrate, among others, that while an increase in fines under FCPA reduces overall corruption, it leads to a deterioration in the market quality in an emerging economy. In the presence of FCPA, an increase in the US firm's technological advantage unambiguously leads to a decrease in the market quality in an emerging economy.

Social Media Marketing and Product Quality on Purchase Intention of All-You-Can-Eat Restaurant

Social media marketing is a technique for someone to carry out marketing activities through social media or word of mouth, by promoting products to potential consumers in online platform. Pempek-Yuk Restaurant! is the first restaurant to provide culinary with the "All-you-can-eat" concept. This research aims to see whether interest in buying all-you-can-eat, is influenced by social media marketing and the quality of Pempek-Yuk! The research method was quantitative, using SPSS25 analysis tool and purposive sampling with Likert scale. The population was the millennial who live in Jakarta with total sample of 192 respondents. It is concluded that the buying interest of the millennial generation is influenced by social media marketing positively and significantly. The purchasing interest of the millennial generation is influenced by product quality positively and significantly. This study also shows that people's buying interest is influenced by social media marketing and product quality simultaneously, positively and significantly.

Geographical indication of coffee in Brazil: identification and effects of the critical success factors towards sustainability

The Geographical Indication (GI) is more than just a mechanism for protecting farmers. This mechanism, materialized by a sign of geographical identity, determines differentiation and added value in a complex process that requires an intense effort of governance and cooperativism. The aim of this study was to analyze the critical success factors for increasing competitiveness and sustainability in the process of geographical identification for certified coffee producers in the Espírito Santo do Pinhal region of Brazil. Factors such as market arrangements, production techniques, quality differentiation, price formation, cost structure, organization and articulation around the construction and maintenance of the market by producers in this region were analyzed. The proposed methodology used an analytical framework of the certification of origin market that correlates market practices with production arrangements in a longitudinal process, considering their challenges and impacts. The results indicate that critical success factors (CSFs) identified in the certification of GIs for coffee producers are related to strong cooperative and associative actions and the presence of entities that coordinate the acquisition process and establish the rules and obligations of those involved, always aiming to encourage investment in technology and technification in pursuit of efficiency and the quality of the final product. In addition, strict control of the production method, avoiding the use of production techniques that harm the environment with good coffee-growing practices, contributes to obtaining and maintaining the GI as well as to develop appropriate attributes of sustainability.

Heterogeneous effects of information and communication technology development on digital financial consumer protection: Evidence from the global sample

ABSTRACT This study primarily examines the influence of Information and Communication Technology (ICT) on Digital Financial Consumer Protection (DFCP), utilizing a dataset spanning 88 countries globally from 2014 to 2018, within the context of consumer welfare under diverse socioeconomic conditions. The research confirms a positive relationship between information and communication technology (ICT) evolution and digital finance consumer protection (DFCP) in OECD countries with inclusive institutions, competitive markets, and solid educational foundations. Conversely, a negative correlation is observed between ICT growth and DFCP in countries with moderate gender inequality. The study further confirms that ICT development positively influences DFCP due to contextual conditions (i.e. cybersecurity index, political stability, higher educational level, and market quality). Policy implications emphasize the need to address information inequality and protect consumer rights in the digital era. Measures to curb market monopolies of major tech companies and combat unauthorized data usage are recommended. Additionally, enhancing digital literacy is crucial for harnessing the benefits of ICT and promoting financial consumer welfare. Establishing a practical code of conduct aligned with market needs is also essential for ensuring consumer protection.

Bond market structure and volatility

AbstractWe apply variance ratio methodologies to examine market quality in the US corporate bond market. We find that the open‐to‐open to close‐to‐close return variance ratio is greater than one suggesting that the corporate bond market is less efficient during the opening hours than during the closing hours. We show that the higher variance ratio at the open is related to the market power of dealers at the open and the sources of power are from lower cost of inventory, lower asymmetric information, and more flexibility to intermediate a trade. Dealers appear to exert less market power for bonds with low volume and credit rating. The results are consistent with dealers behaving strategically to unload risky assets and take on safer assets.

Pengaruh Digital Marketing Dan Kualitas Pelayanan Terhadap Keputusan Penggunaan Layanan Transportasi Online Maxim Di Kota Bogor

This study aims to find out: 1) how much digital marketing influences the usage decisions for Maxim's online transportation services in Bogor, 2) how much service quality influences the usage decisions for Maxim's online transportation services in Bogor, and 3) how much digital marketing and service quality together influence the usage decisions for Maxim's online transportation services in Bogor. This research is quantitative. The research sample was 150 Maxim’s user respondents. The sampling method used is non-probability sampling with a purposive sampling technique, where every element in the population has an equal chance of being selected. Data collection was done using a questionnaire. The research instruments were tested for validity and reliability. Data analysis and testing techniques included multiple linear regression analysis, t-tests, F-tests, and the coefficient of determination. The results show that digital marketing and service quality have positive and significant influence on the usage decisions for Maxim's online transportation services in Bogor City, both individually and together. The coefficient of determination, with an R Square value of 0.392 (39.2%), indicates that digital marketing and service quality together explain 39.2% of the usage decisions, while the remaining percentage is influenced by other factors not examined in this study. Keywords : Digital Marketing, Service Quality, dan Usage Decision

Green Marketing, Brand Image dan Kualitas Produk: Faktor Kunci dalam Keputusan Pembelian The Body Shop di Surabaya

In the current era of globalization, global warming is one of the most frequently discussed environmental pollution problems. One of the main problems facing the world today is global warming. The influence of green marketing helps reduce the impact of global marketing, with the presence of green marketing indicating a change in people's behavior in consuming and using certain goods or services. One company that has implemented the green marketing concept with the aim of reducing the negative impact of plastic waste is The Body Shop. This research aims to evaluate the influence of Green Marketing, Brand Image, and Product Quality on Purchasing Decisions for The Body Shop in Surabaya. Data was collected through questionnaires distributed online using Google Forms to respondents. A total of 108 respondents from The Body Shop consumers in Surabaya participated in this research. The analysis technique used is a component-based SEM method with the smartPLS application. The research results show that Green Marketing has no influence on Purchasing Decisions, while Brand Image and Product Quality have a positive and significant influence on Purchasing Decisions for The Body Shop in Surabaya.

Pengaruh Influencer Marketing dan Kualitas Produk Terhadap Brand Awareness Produk Scarlett Whitening: Studi Kasus pada Pengikut Akun Scarlett Whitening di Aplikasi Tiktok

This research aims to determine and analyze the influence of influencer marketing and product quality simultaneously on brand awareness of Scarlett Whitening products among followers of the Scarlet Whitening account on the TikTok application. In this research, the type used is quantitative research. This quantitative object emphasizes the analysis of data in the form of numerical or numbers processed using statistical methods to determine the influence of one variable on other variables. With the results of this research which shows how brand awareness of Scarlett Whitening products has increased among followers of the Scarlett Whitening account on the TikTok application (2023) due to the influence of many influencers who provide content that is interesting, good, unique and in line with the values ​​provided by the brand, consumers will more interested in reviewing it and even sharing it so that the reach given will be wider, thus influencing brand awareness of Scarlett Whitening. Of course, brand awareness itself has the aim of making the brand a leading product or top of mind product so that it will be easily recognized by consumers and increase sales of Scarlett Whitening.