Performance Of Sector Research Articles

Knowledge management in dealing with the crisis of the COVID-19 pandemic: Review, evaluation and improvement strategies

Knowledge is a strategic and valuable resource for reducing risk and damages and increasing resilience against disasters. More knowledge and a deeper understanding of COVID-19 might affect how we react to this disease and other pandemics in the future. Therefore, the successful and extensive implementation of knowledge management and paying attention to all related processes will help us in managing and dealing with such crises. This study's goal is to look into and assess how knowledge management is being used in dealing with the crisis of the COVID-19 epidemic in Iran and to propose strategies to improve it. This study is based on the performance of the health sector of Hamedan province, and it was conducted using three methods such as SWOT analysis, focus group (FG), and quantitative strategic planning matrix (QSPM). The results show that the most important strategies for improving the role of knowledge management in dealing with crises such as COVID-19 are the creation of organizational units in charge of implementing knowledge management in various health and treatment sectors, recognition and appreciation of effective and outstanding people in dealing with COVID-19 and increasing the commitment of senior managers to support the implementation of knowledge management. The important thing to mention in this connection is to pay attention to all knowledge management processes and attract the participation of all members of society in dealing with the COVID-19 crisis.

The impact of Reserve Bank of India officials' resignations on financial sector returns: An event-study analysis

In this study, we examine the short-term effects of the resignations of high-ranking officials from the Reserve Bank of India (RBI) on financial sector returns. We apply a commonly used event-study method to analyze financial sector stocks during the period from February 16, 2018, to July 22, 2019. The findings reveal that the financial sector was sensitive to the resignations of RBI Governor Urjit Patel and Deputy Governor Viral Acharya, both strong supporters of the RBI's independence. Patel’s resignation caused a significant negative impact on cumulative abnormal returns, while Acharya’s resignation led to a significant positive impact on these returns. Our results suggest that central bank independence (CBI) may have varied short-term effects on financial sector performance. It is, therefore, important for both politicians and investors to understand the implications of our findings in order to fully grasp the political and economic consequences of central bank independence and the credibility of monetary policy on financial sector outcomes. For future research, we suggest exploring the effects of these resignations on other financial indicators, such as bond yields, exchange rates, and interest rates, using alternative methods.

Strengthening State Capacity: Civil Service Reform and Public Sector Performance during the Gilded Age

We use newly digitized records from the post office to study the effects of strengthened state capacity between 1875 and 1901. Exploiting the implementation of the Pendleton Act—a landmark statute that shielded bureaucrats from political interference—across US cities over two waves, we find that civil service reform reduced postal delivery errors and increased productivity. These improvements were most pronounced during election years when the reform dampened bureaucratic turnover. We provide suggestive evidence that reformed cities witnessed declining local partisan newspapers. Separating politics from administration, therefore, not only improved state effectiveness but also weakened the role of local politics. (JEL D24, D73, H83, J45, L82, L87, N41)

Evolving Challenges in Public Service Leadership, Employee Conduct, and Public Sector Performance

Evolving Challenges in Public Service Leadership, Employee Conduct, and Public Sector Performance

The Impact of Financial Market Volatility and Political Instability on Tourism Sector Performance Case Study on Major Tourism Destinations in Indonesia

This study investigates the impact of financial market volatility and political instability on the performance of the tourism sector in major tourism destinations in Indonesia. Utilizing a quantitative research approach, data were collected from 180 respondents through a structured questionnaire employing a Likert scale. The data were analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS) version 3. The findings indicate that both financial market volatility and political instability have positive and significant relationships with the performance of the tourism sector. These results suggest that despite the challenges posed by financial and political fluctuations, the tourism sector in Indonesia remains resilient and continues to thrive. The study highlights the importance of strategic planning, effective marketing, and continued investment in tourism infrastructure to sustain growth amidst financial and political uncertainties. These insights are valuable for policymakers and stakeholders in the tourism industry to enhance the robustness and sustainability of the sector.

Role of Banking Sector Performance in Renewable Energy Consumption: A Comparative Analysis of OECD Countries and the Western Balkans

Role of Banking Sector Performance in Renewable Energy Consumption: A Comparative Analysis of OECD Countries and the Western Balkans

City-level green growth accounting: Evidence from China's thirteen urban agglomerations

Cities play a pivotal role in achieving 'Carbon Peak' and 'Carbon Neutrality' objectives through the implementation of strategies aimed at mitigating environmental risks. While the environmental impacts of industrial production activities have been widely examined, the nuances of their internal structures remain obscure. This study delves into the industrial sector across the 'thirteen urban agglomerations (TUAs)' in mainland China, covering the years 2006–2016, by developing a comprehensive (source-specific and variable-specific) decomposition framework for Malmquist productivity index. The framework is utilized to discern whether efficiency changes or technological advancements drive productivity growth, considering input/output variables such as capital and labor. Findings show that the average annual environmental productivity gain during the examined period was 2.6 %, suggesting a general enhancement in productivity within TUAs' industrial sectors. A detailed breakdown of productivity changes indicates that a combined contribution of 1.8 % to environmental productivity growth stemmed from energy use and pollutant variables, with emissions of industrial sulfur dioxide being the most significant at 0.9 %. Conversely, the 'catch-up effect,' or environmental efficiency change, was negative (−0.2 %), indicating the TUAs' inability to emulate the productivity levels of more advanced areas. Industrial energy use and capital inputs were the primary contributors to this negative trend, each accounting for a −0.2 % impact. The results underscore the importance of facilitating technology transfers from more developed to less advanced regions, especially regarding renewable energy and capital investment, to bolster environmental performance and productivity in the TUAs' industrial sectors.

Examining the impact of Halal tourism industry sustainability on stock returns

This study investigates the relationship between sustainable industry performance and stock returns of the Halal tourism sector. We use a comprehensive dataset comprising 192 Halal tourism firms from 38 countries over the period of 2010–2020. Our baseline analysis reveals a significant positive impact of sustainable industry performance on Halal tourism stock returns. To control endogeneity issues, we employ advanced econometric techniques, including dynamic Generalized Method of Moments and confirms the robustness of our initial results. Furthermore, we document the adverse effects of the COVID-19 pandemic on Halal tourism stocks, underscoring the vulnerability of the industry to external shocks. Additionally, our subsample analysis highlights that firms with lower levels of sustainability experience negative repercussions on their stock returns. The findings offer valuable insights for investors, policymakers, and industry stakeholders, emphasizing the importance of sustainable strategies in enhancing both financial outcomes and resilience in the ever-evolving landscape of Halal tourism.

The mediating role of government ICT use on the nexus between ICT access and public sector performance

PurposeThis study aims to explore how government ICT use influences the relationship between ICT access and public sector performance globally. Previous research has mainly focused on the impact of ICT access on private firms' performance, measured by profitability. Moreover, previous studies have mostly examined the effect of ICT access on firms' performance within a single country. This study fills a gap in the literature by investigating how government ICT use mediates the connection between ICT access and public sector performance on a global scale.Design/methodology/approachThe study develops and empirically validates a conceptual model based on the Technology, Organisation-Environment framework and archival data for 131 countries, using partial least squares-structural equation modelling.FindingsThe findings from the study shows a significant relationship between ICT access and Government ICT use. Also, there was positive relationship between ICT access and Public Sector Performance. In addition, there exist a significant relationship between Government use of ICT and Public Sector Performance. Furthermore, the mediating role of government ICT use on the impact of ICT access on public sector performance was significant.Originality/valueThis study is unique in that it explores the relationship between ICT access, government ICT use and public sector performance on a global scale. By using archival sources, this research findings can easily be replicated and applied to a larger population. Additionally, using the TOE framework, this study demonstrates how technology (ICT access) and organisation (government ICT use) impact public sector performance globally.

Financial Performance of Mining Sector in Indonesia: The Pre and Post Comparison of Pandemic

The Covid-19 pandemic has affected all aspects of people's lives. One of them is the world economy. This also has an impact on the economy in Indonesia. The Financial Services Authority (OJK) groups several sectors that have the potential to not survive the Covid-19 pandemic, one of which is the mining sector. However, the mining sector also makes a large contribution to the Indonesian economy. This research aims to test whether there are significant differences in the financial performance of mining companies before the Covid-19 and after the Covid-19. The information in this research was obtained through the official website www.idx.co.id and used purposive sampling to filter mining sector companies that met the criteria. The analysis method used is the Wilcoxon signed rank test with the help of SPSS 23. The results of the research show that the current ratio results are 0.865 > 0.05, the debt to assets ratio results are 0.733 > 0.05, the total asset turnover results are 0.950 > 0, 05 and the resulting net profit margin is 0.594 > 0.05. With this, mining sector companies do not experience significant differences in company financial performance before Covid-19 and after Covid-19.

Gamma Radiation Shielding Efficiency of High Entropy Alloys: A Comparative Study

High entropy alloys (HEAs) represent a novel class of materials characterized by their unique composition of four or more principal elements in near-equiatomic ratios, offering exceptional properties for various applications. This study investigates the gamma radiation shielding parameters of selected HEAs, namely FeCoNiCrMn, TaNbHfZrTi, NbMoTaW, AlMoNbV, and NbTaTiV. Mass attenuation coefficients (MAC) were calculated by using EpiXS program over a photon energy range of 0.015-15 MeV and verified these results with the WinXCOM software. The findings reveal that the MAC values are highest at low photon energies due to the photoelectric effect, with notable peaks corresponding to the K-shell absorption edges of specific elements. The half-value layer (HVL) and mean free path (MFP) values indicate that thicker HEA samples are required to achieve effective shielding at higher energies. Additionally, the effective atomic number (Zeff) and exposure buildup factors (EBF) were analyzed. The results demonstrate that NbMoTaW and TaNbHfZrTi, offer superior radiation shielding capabilities compared to conventional shielding materials, with higher usability in environments subjected to gamma radiation. These findings underscore the potential of HEAs in advanced shielding applications, emphasizing their role in enhancing safety and performance in high-demand sectors.

How can firms get benefits from the innovation ecosystem? Empirical evidence from Pakistan

PurposeThis research intends to analyze the innovation ecosystem factors that play a vital role in firm performance. As a result, large-scale empirical studies on the innovation ecosystem are rare, and fewer efforts have been made to determine if and how different factors affect the ecosystem models of firms. There has yet to be a substantial empirical study on the innovation ecosystem.Design/methodology/approachData were acquired from Pakistani IT companies. The results show that factors of the innovation ecosystem significantly contribute to business performance. The essential assumption is that resource endowment, organizational culture, knowledge and competence, and technology capability are allied to the innovation ecosystem.FindingsThe findings are crucial from a managerial view because firms must focus on changing their innovation ecosystem factors model to achieve greater performance. Radical changes in the firms will only be worthwhile if they value their resource endowments. To attain superior firm performance via influential factors of the innovation ecosystem, IT administrators need to build organizational cultural capacities to adapt to changes brought on by digitization quickly and effectively. However, this must be supplemented by improving organizational knowledge, competencies and technological capabilities to enable organizations to modify their ecosystems.Originality/valueEventually, firms can better respond to changes in their settings if they combine these variables by implementing an effective innovation ecosystem model, which leads to greater sector and superior financial performance.

Efficiency analysis of China's urban water supply utilities using a dynamic multiactivity network DEA model

Urban water scarcity and severe consumption challenges are crucial for improving performance in the urban water supply industry. Urban Water Supply Utilities (UWSUs) perform the primary task of providing tap water to city residents, and regulators use benchmarks to monitor UWSU operations. To assess the efficiency of UWSUs in detail, this study introduces a dynamic two-stage network data envelopment analysis (DEA) model with shared inputs and shared carryover. This model decomposes UWSU operations into water production (WP) and water distribution (WD) subprocesses. By combining dynamic features with network DEA, the study extends the static network DEA to a more general case for evaluating UWSU efficiency. The study sample includes 246 UWSUs from 24 provinces in China over the period 2016–2018. The analysis covers overall efficiency, period efficiency, subprocess efficiency, and regional disparities among the sampled water utilities. The findings indicate that the average efficiency of the UWSUs was 0.643 during 2016–2018, with slightly lower efficiency in the WP subprocess. UWSUs in the eastern provinces outperformed those in the central and western provinces, which require significant improvements. To enhance the performance of China's water supply sector, accelerated market competition and infrastructure improvements are necessary.

The Impact of Inflation on Financial Sector Performance: Evidence from OECD Countries

Abstract This research article investigates the relationship between inflation and the performance of the financial sector within OECD countries, a group critical to global economic stability. The financial sector is a basis of sustainable economic growth, and its performance is heavily influenced by the macroeconomic environment, particularly inflation. This study analyses how inflation, alongside other significant factors such as real GDP growth, government size, trade openness, and interest rates, impacts the financial sector development. By examining data from 38 OECD countries over a 20-year period (2002-2021), this research employs a comprehensive approach using both static and dynamic panel regression models. The results consistently indicate a negative correlation between inflation and the key financial sector variables, suggesting that higher inflation levels undermine financial sector performance. These findings underscore the importance of maintaining low and stable inflation to foster an efficient and stable financial sector. This study makes a valuable contribution to the literature by focusing specifically on OECD countries, which are often seen as benchmarks for economic policies and financial systems.

THE IMPACT OF THE COVID-19 PANDEMIC AND ECONOMIC CRISIS ON THE PERFORMANCE OF LICENSED COMMERCIAL BANKS IN SRI LANKA

Sri Lanka faced an array of incidents starting from the Easter Sunday attack in 2019 to COVID-19 pandemic and the Economic Crisis which caused disastrous effects on the economy. Despite the policy measure taken, the banking sector was severely affected by soaring Non-Performing Loans (NPLs) levels and dwindling profits. Therefore, the main objective of this study is to evaluate the impact created by the series of adverse economic and social issues from 2019 on the performance of the banking sector in terms of profitability and NPLs using a sample of 12 licensed commercial banks. The data were collected from secondary sources such as annual reports issued by the banks and the Central Bank for the period 2013-2022. The impact of the Easter attack, Pandemic, and Economic Crisis are referred to using a dummy variable, inflation, Gross Domestic Product (GDP) growth rate, and interest rate are used to measure the impact of the macroeconomic environment on the banking sector performance and capital adequacy ratio was used as a control variable. Return on Equity, Return on Assets, and NPLs were used to measure the bank's performance. The results of the random effects panel regression models suggest that there is a significant impact of the Pandemic, Economic Crisis, and GDP growth rate on the performance of the banking sector. This research indicates that a country like Sri Lanka needs to take aggressive policy measures to face these adverse situations. It is required to take credit risk mitigation measures and provide quality loans to curtail the adverse impact caused by the NPLs.

Tác động của biến động tỷ giá hối đoái đến xuất khẩu nông nghiệp của Việt Nam và vai trò của tự do hóa tài chính tại nước đối tác

This study assesses the impact of real exchange rate volatility on Vietnam’s agricultural exports, considering the role financial liberalization in its trading partners. The author employs Poisson pseudomaximum likelihood estimators to estimate a gravity model covering bilateral agricultural exports from Vietnam to 187 its trading partners during 1996-2021. The empirical results of this study indicate that exchange rate volatility hampers agricultural exports of Vietnam and financial liberalization in its trading partners is crucial for alleviating this adverse nexus. Therefore, maintaining stable exchange rate is necessary to boost agricultural exports of Vietnam. In addition, under great turmoil in global economy with strong fluctuations in exchange rates, Vietnam still has a chance to increase its agricultural exports to countries that have high levels of financial liberalization. This finding has an important implication for selecting trading partners to improve export performance of agricultural sector in Vietnam.

Agricultural Scenario of Nepal: Growth Performance and Swot Analysis

This study aimed to determine the performance of agriculture sector in Nepal which would help in formulating better policies for its improvement. The study estimated the growth and instability for the period 2001-02 to 2020-21, dividing it into two periods, period-I (2001-02 to 2010-11) and period-II (2011-12 to 2020-21). The growth and instability analysis indicated that the growth of production of almost all crops were increased during period-II. Oilseeds showed the highest increase in production with growth rate of 6.26%, whereas millet and coffee showed decreasing rate of production in period-II. The area under wheat and millet decreased drastically in period-II. Although instability in area increased in period-II for almost all the crops, tea experienced highest increase. Instability in coffee production decreased from 41.85% in period-I to 15.92% in period-II, highest among selected crops. The instabilities in production were due to natural calamities, lesser and untimely availability of inputs, less priority in the research sector for minor crops and so on. Livestock subsector has been performing well as compared to the crop sector. Prioritization by the government and wide climatic conditions are the major strengths of the sector whereas unavailability of inputs in time and lack of investment frameworks are the weaknesses. Farm mechanization, topography and agri-tourism are some opportunities and climate change, fragmentation of arable land, brain-drain are the threats to this sector in Nepal. The major focus of the government should be on utilizing the rural labor force on agriculture sector through different schemes such as effective crop and livestock insurance, timely supply of demanded inputs and proper extension services.

Exploring the barriers to implement industrial symbiosis in the apparel manufacturing industry: Implications for sustainable development

Industrial symbiosis, a promising approach for sustainable industrial practices, has garnered attention in recent days for its ability to enhance resource efficiency, minimize waste, and preserve the environment through collaborative exchanges among industries. In emerging economies like Bangladesh, integrating industrial symbiosis in the manufacturing industries offers the potential to balance economic growth with environmental sustainability. However, this integration encounters various barriers that complicate the implementation. Despite research on industrial symbiosis in robust economies, studies on emerging and developed economies are still scarce. To date, no research has yet investigated the barriers hindering the performance of industrial symbiosis in the Bangladeshi apparel manufacturing sector. To address this gap, this study integrates the Bayes theorem and the Best-Worst Method to identify and prioritize barriers to the Bangladeshi apparel manufacturing sector. From extensive literature reviews and expert validation, 17 barriers were identified. Findings reveal the “lack of technology and infrastructure readiness” as the most significant barrier, followed by “lack of inter-company cooperation” and “lack of management support”. Conquering these barriers empowers emerging economies to fortify the apparel manufacturing sector's resilience, resource efficiency, and environmental performance while fostering sustainable development via circular economy practices. This study is expected to guide policymakers and stakeholders in crafting targeted strategies for promoting steady growth and sustainable development in the apparel manufacturing sector of emerging economies like Bangladesh.

Boom or bust? A Comparative Analysis of Monetary Policy and Stock Market Performance in India Across Economic Cycles

This study delves into the intricate relationship between monetary policy instruments and various sectors of the Indian stock market from 2011 to 2022. By Analyzing data encompassing significant policy shifts and economic events, including the Reserve Bank of India's (RBI) transition towards inflation targeting and flexible exchange rates, the study aims to uncover the nuanced impacts of monetary policy on sectoral indices. Utilizing a Vector Autoregression (VAR) model, the study examines the dynamic interplay between key monetary policy instruments—Cash Reserve Ratio (CRR), Marginal Standing Facility Rate (MSF), Repo Rate, Reverse Repo Rate, and Treasury Bills—and ten diverse sectors represented in the Bombay Stock Exchange (BSE) indices. The findings reveal intricate sectorspecific responses to monetary policy adjustments, reflecting the complex interplay of economic dynamics and policy measures. While some sectors exhibit positive correlations with certain monetary instruments, others display negative associations, underscoring the diverse impacts of monetary policy on sectoral performance. The study highlights the significance of understanding these nuanced relationships for policymakers, investors, and market participants in navigating India's evolving economic landscape.

Unraveling the internal drivers of pharmaceutical company performance in Europe: A DEMATEL analysis

Research background: Internal business factors are vital to how a company achieves its goals. The present study of internal drivers of pharmaceutical company performance is very insightful, as it has the potential to boost further competitiveness, it may allow health authority personnel to have guidelines to make strategic decisions, as well as inspire investor confidence, ensure regulatory compliance and performance benchmarking, and support talent acquisition and retention. In addition, it can identify the important internal factors that need to receive more priority. Purpose of the article: The European pharmaceutical industry is currently facing multiple challenges. This paper aims to map the relative relationships among the internal factors that influence the business performance of pharmaceutical companies in Europe by using the DEMATEL approach. Method: There are two phases of the present study, an extensive literature review and the use of the decision-making trial and evaluation laboratory (DEMATEL) technique. To identify the key internal drivers and their cause-and-effect relationship with pharmaceutical company performance in Europe, data from experts were obtained using the predesigned DEMATEL questionnaire. Findings & value added: The extensive literature review from the Web of Science and Scopus databases found that seven internal factors are very demanding in the case of European pharmaceutical business performance. The main elements that have the highest impact on pharmaceutical business performance in Europe are human resources competencies, the information system, technological competitiveness, and the patent system. However, financial profitability, research and development competencies, alliances with other companies, and supply chain management are the factors that are affected more by other factors. The study is the first attempt to identify the internal business performance of the pharmaceutical sector in Europe by working with pragmatic and perceptive decisions from pharmaceutical stakeholders in Europe.