European Journal of Management Issues

55-62

Authors: Bogodistov, Y., & Moormann, J.

Purpose – to investigate reasons and conditions impacting payment preferences. Design/Method/Approach. In this exploratory study, we apply the Implicit Association Test in order to investigate whether the prejudice of the population of some countries such as Germany preferring cash holds. Findings. Cash payments still play a major role in a number of countries although other payment options, namely card payments, are promoted heavily. We discover that the type of payment and the level of control are implicitly associated. We manipulate the emotions of fear and joy. The relationship changes when participants experience fear, whereas emotion of joy does not produce statistically significant effects. Practical implications. The results have major implications for the design of payment processes. Originality/Value. Our study helps explain preferences with regard to payment types as well as predict preferences as a response to scary or joyful events. Research limitations/Future research. Generalizability is limited. Future research can focus on other emotions and types of payment (e.g., NFC – based payments). Paper type – empirical.

73-81

Authors: Ibrahim, U., & Umeano, O.

Purpose – to research the effect of the corporate social responsibility (CSR) on the corporate financial performance (CFP) of quoted banks in Nigeria. Design/Method/Research approach. Using data of corporate social responsibility expenditure as a proxy for CSR and the trio of return on assets (ROA), return on equity (ROE), and bank earnings per share (EPS) as a proxy for CFP, regression analysis was conducted. ROA, ROE, and EPS data were collected from the banks’ financial statements for the period 2012 – 2016. Findings. In particular, our analysis and findings suggest that CSR expenditure had no significant effect on all the three proxies of CFP of quoted banks in Nigeria. It supports the arguments in the literature that financial performance alone does not justify expenditure on CSR activities by the quoted Nigerian banks. Practical implications. Our results show that there is a need for banks to consider other factors to see if the case for CSR activities exists. If they do not, the banks should stop engaging in these activities to increase the banks’ profitability. Paper type – empirical.

90-98

Authors: Nikolaienko, A.

Purpose – to describe resource efficiency strategies based on the circular economy. Design/Method/Approach. Logical and critical, abstract-logical methods are used for the theoretical generalization of crucial approaches to the formation of resource-efficiency strategies based on the circular economy. Research results. There were considered the scientific and theoretical approaches to the formulation of resource-efficiency strategies based on the circular economy. The circularity strategies within the production chain has been formed in the order of priority. The idea of classifying circular strategies has been expanded. Practical implications. The results of the research allow establishing a target system of the circular economy structure, to show the possible effect of the circular economy. Originality/Value. The theoretical bases for the development of the circular economy in terms of identification of the essential tools for the resource-efficiency strategies implementation based on the principles of the circular economy at micro-, macro-, meso-, and mega-levels. Research limitations/Future research. The research serve as the basis for further evaluation and forecasting of the operation efficiency, costs optimization of the production resources and entity’s commercial activity, making the mechanism for the sustainable economic development of the enterprise. .Paper type – theoretical.

3-9

Authors: Apalkova, V., & Lyzunova, A.

Purpose – to study the causes and consequences of migration processes. The results of the study. This article presents the results of an analysis of the dynamics and current state of labor migration processes in Ukraine. The authors evaluated the impact of international labor migration on the country's economy. The causes of labor migration, its positive and negative consequences are characterized. This study examines and summarizes the global experience in regulating external migration flows to foreign countries. The authors suggested directions for improving the system of regulation of external labor migration, as well as measures to promote on its of use as an important element of economic development based on the analysis. Practical implications. The results of this paper can become the basis for the formation of migration policy of Ukraine according with European standards. Originality/Value. This paper is expanded of the concept of the main directions and the principles of state migration policy, which the government of Ukraine must adhere to when forming it, has been. Research limitations/Future research. It is advisable to direct further research towards a quantitative analysis of the composition, structure and national characteristics of labor migrants. Paper type – empirical.

21-28

Authors: Judina, O.

Purpose – to formulate and justify the optimal system model for managing sustainable economic development of a hotel and restaurant business. Design/Method/Approach. A theoretical generalization, logical-critical and economic-mathematical analysis patterns of functioning of a business as an economic system, based on systemic, process and target methodological approaches. Findings. The regularities of the business operating as an economic system are investigated. The system, target and process approaches to managing a business entity by developing a methodology related to the target functions formation of the individual subsystems and processes that make up the business activity are studied to identify patterns of their interaction and achieve an integrated result with the greatest efficiency. A structural-logical model of the control system is formed under the influence of disturbing environmental factors based on the objective functions and established vectors of sustainable economic development of the hotel and restaurant business, taking into account monitoring of its performance. Practical implications. The research results allow formulating the target management system for the sustainable economic development of the hotel and restaurant businesses based on monitoring costs as elements of the resources consumed, and effectively get adapted to environmental changes through integration of engineering, technology, economics, planning and management methods. Originality/Value. There was proposed a method for the system formation for managing sustainable economic development of a hotel and restaurant business based on cost monitoring, which, unlike existing ones, based on a set of system, process and target approaches and enables by differentiation processes occurring within the business and establishing patterns of their functional links with indicators of resource costs, provide forecasting and planning of performance. Research limitations/Future research. These researches are the basis for the subsequent evaluation and prediction of the of the operation efficiency, optimize resource costs of production and commercial activities of business entities, to create a mechanism for sustainable development of businesses. Paper type – theoretical.

36-45

Authors: Utomo, M., Ariani, M., Safitri, J., & Kaujan, K.

Purpose – to conduct an empirical test over the effect of entrepreneurship competency on business performance using Internet technology-based business applications. Design/Method/Approach. The research population is from small-and-medium Enterprises (SMEs) in the city of Tarakan. The determined sample is based on the observed area; hence, the technique is called probability sampling area. The data analysis technique is Partial Least Square-Structural Equation Modelling (PLS-SEM), run by WarpPls 6.0. Findings. This research's results indicate that entrepreneurship competency has a positive impact on Internet technology-based business applications. Besides, internet technology-based business application mediates the effect of entrepreneurship competency on business performance. Theoretical implications. The results support the Resource-Based View Theory, stating that the competitive advantage of an enterprise is derived from its unique resource. Practical implications. Internet technology-based business applications can be used as entrepreneurship strategies to develop business performance. Originality/Value. The originality of this research is the internet technology-based business application as a mediating variable between entrepreneurship competence and business performance. Research limitations/Future research. The research has its limitations; it only uses limited SME research samples in the city of Tarakan. Future research can expand the sample through other Indonesian cities. Paper type – empirical.