42 research outputs found
Tourist Motivation as an Antecedent of Destination and Ecotourism Loyalty
Objective: This study evaluates the role of tourist motivation in the determination of destination and ecotourism loyalty using push and pull motivation theory and the theory of planned behavior. The paper also analyses the mediating effects of satisfaction and destination image in the relationships between motivation and the two types of loyalty. Method/analysis: Primary data has been gathered from surveys involving 522 Vietnamese tourists traveling to the Bohemian Switzerland National Park in the Czech Republic. Data analysis was conducted using structural equation modeling (SEM) techniques in R. Findings: The findings support both direct and indirect positive associations between tourist motivation and destination and ecotourism loyalty. In terms of ecotourism loyalty, the effect is mediated by destination image. In terms of destination loyalty, the effect is mediated by satisfaction and destination image. Novelty/improvement: This study has further expanded the theory of planned behavior in the context of ecotourism by linking it to travel career pattern theory and functionalist theory. These are complementary theories that can explain the behavior of ecotourists and help operators and marketers adjust their strategies to attract and retain visitors to ecotourist destinations. Doi: 10.28991/ESJ-2022-06-05-014 Full Text: PD
The impact of innovation activities on firm efficiency: Data envelopment analysis
This study aims to investigate the impact of innovation on firm efficiency. Panel data of fourteen finance companies and nine technology companies from 2011 to 2019 on the Vietnam Stock Exchange Market is derived from audited financial statements, annual reports, and other crucial reports that are provided by Vietstock; macroeconomic variables are collected from the World Bank Database. A two-stage approach is used. First, use of the Data Envelopment Analysis methodology to measure firm efficiency. Second, use of the Pooled ordinary least squares, the Fixed effects model, and the Random effects model to investigate the impact of innovation on firm efficiency. Furthermore, the Generalized Method of Moments and the Tobit model are used to validate the impact of innovation on firm efficiency, and the t-test is used to confirm the difference in efficiency with and without the impact of innovation between two industries. The results show that there is a significant impact of innovation on efficiency, and innovation plays a more important in increasing the efficiency of the finance industry than the technology industry. Moreover, the relation between age and efficiency is like the U-shaped, and between size and efficiency is like the inverted U-shaped, whereas efficiency is not associated with inflation. © Copyright: The Author(s) This is an Open Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (https://creativecommons.org/licenses/by-nc/4.0/) which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly citedTomas Bata University in Zlin, The Czech Republic [IGA/FaME/2021/003]IGA/FaME/2021/003; Univerzita Tomáše Bati ve Zlín
Tourist motivation as an antecedent of destination and ecotourism loyalty
Objective: This study evaluates the role of tourist motivation in the determination of destination and ecotourism loyalty using push and pull motivation theory and the theory of planned behavior. The paper also analyses the mediating effects of satisfaction and destination image in the relationships between motivation and the two types of loyalty. Method/analysis: Primary data has been gathered from surveys involving 522 Vietnamese tourists traveling to the Bohemian Switzerland National Park in the Czech Republic. Data analysis was conducted using structural equation modeling (SEM) techniques in R. Findings: The findings support both direct and indirect positive associations between tourist motivation and destination and ecotourism loyalty. In terms of ecotourism loyalty, the effect is mediated by destination image. In terms of destination loyalty, the effect is mediated by satisfaction and destination image. Novelty/improvement: This study has further expanded the theory of planned behavior in the context of ecotourism by linking it to travel career pattern theory and functionalist theory. These are complementary theories that can explain the behavior of ecotourists and help operators and marketers adjust their strategies to attract and retain visitors to ecotourist destinations. © 2022 by the authors.IGA/FaME/2022/01
Impact of Fintech’s Development on Bank Performance: An Empirical Study from Vietnam
In recent years, fintech has exploded in popularity and importance in the finan- cial industry. Its impacts have spread widely throughout the world, including Vietnam. This study aims to investigate the effect of fintech’s development on bank performance in Vietnam. Based on the unstructured data about fintech on the financial expert web- sites from Vietnam, the word frequency statistic technique of the text mining approach is applied for measuring fintech’s development under the support of Python-based solu- tions. The bank-level data of 15 Vietnamese banks for the period from the first quarter of 2019 to the second quarter of 2021 are collected from the quarterly financial statements in the Vietstock organization. Python programming and text mining techniques are used to compile this dataset by gathering information from popular and relevant websites. The generalized least squares method is used for estimating the panel models. The estimation result shows the significant impact of fintech’s development on bank profitability, but the net interest margin does not associate with the fintech variable. Besides, some interesting findings are revealed: The slow banking transformation to adapt to the rise of fintech and the COVID-19 pandemic increased bank profitability. Furthermore, suggestions for the banks and fintech companies are recommended, and the limitations and directions for further research are also proposed
Impact of export and import on value addition of ready-made garments sector in Bangladesh
Bangladesh has achieved the prestigious second place among the biggest textile exporters countries. The paper's main objective was to explore the relationship between value addition from ready-made garments with export and import from that sector. The study further focused on the influence of previous exports, imports, and value addition on the current value addition. The study was based on three time series variables, namely export, import, and value addition from ready-made garments of Bangladesh, using data from the Bangladesh Central Bank (Bangladesh Bank) for the years 1994 to 2020. The time series variables exhibited the unit root problem and were converted to stationary after the first difference, checked by Augmented Dickey-Fuller (ADF) Test. The multiple linear regression model illustrated, on the one hand, a highly significant and positive relationship between value addition and export, on the other hand, a highly significant and negative relationship between value addition and import for the ready-made garments in Bangladesh. Moreover, the paper used the Vector Autoregression (VAR) model to explore the influences of lag values of those three variables on value addition. The results suggested that causation among the variables was significant in the short run, but insignificant in the long run. In conclusion, Bangladesh's ready-made garment industry plays an important role in the economy, and it is prudent to expand manufacturing with more value addition in the future. © CSR, 2022.IGA/FaME/2022/001, IGA/FaME/2022/01
Impact of the Mobile Banking Application Ratings on the Vietnamese Bank Service Income
Based on the relationship between fintech and bank performance and the role of mobile applications in bank operations, we investigate the impact of mobile banking application (MBA) ratings on bank service income. The quarterly data from the 15 biggest Vietnamese commercial banks in 2019–2020 were extracted from the public financial statements and the Google Play Store. The Generalized Least Squares method is applied to process the proposed regression models. We find a positive impact of MBA ratings on bank service income. We additionally explore the MBA quality of a large bank that does not meet customer expectations and how the interaction between MBA ratings and leverage harms bank service income. Finally, users generally appreciate the MBA quality, and COVID–19 does not affect the link between MBA ratings and bank service income. The study provides novel knowledge on customer behavior through MBA ratings and their effect on bank service income in an emerging country
Innovation and bank efficiency in Vietnam and Pakistan
The study investigates the effect of innovation on bank efficiency and the difference in efficiency between Vietnam and Pakistan banks. The balanced panel data from 23 banks (7 banks in Vietnam and 16 banks in Pakistan) in 2011-2019 is aggregated from the State Bank of Pakistan, the Vietstock, the MorningStar, the World Bank, and the website of banks. The quantitative models' estimation result is processed by the Pooled, the Fixed-effect, the Random-effect, and the Generalized Least Square approach, and confirmed again by the Tobit and T-test approach. The outcomes gave that innovation is the negative factor of bank efficiency. With or without the effect of innovation, the bank's efficiency in Vietnam is still lower than in Pakistan. The finding indicates that bank efficiency can be enhanced by increasing bank size instead of innovation, and bank age is the barrier to utilizing innovation for enhancing bank efficiency. Moreover, we found the bank's efficiency in Vietnam can be improved more quickly than in Pakistan by increasing bank assets. The macroeconomic condition is favorable for bank efficiency in both countries. © 2021 University of Pardubice. All rights reserved
Pak rupee as a currency and currency war
The purpose of this article is to discuss the daily currency wars around the world Also, it outlines important currencies. There is a debate about the risk of currency wars and the options to handle them. The impact of the exchange rate on the Pakistani economy is also part of this debate. With less domestic savings, emerging economies such as Pakistan have to go international to get more foreign money. There are always competitors in the foreign exchange market. Fights are now commonplace. Currency wars must be recognized and dealt with properly