American Journal of Economics and Business Management https://www.grnjournals.us/index.php/ajebm <p align="justify"><strong>American Journal of Economics and Business Management (AJEBM)</strong> is a double-blind peer-reviewed, bi-monthly e-journal from the USA, with a strong Editorial Board and a tested rapid peer review system. <strong>AJEBM</strong> intends to contribute to the development and deployment of knowledge on management, marketing, finance, economics, banking, accounting, human resources management, international business, hotel and tourism, entrepreneurship development, business ethics, and public administration; thus feeding scholars, researchers, and practitioners with valuable new insights from theory and practice.</p> en-US info@grnjournals.us (Editor of Journal) info@grnjournals.us (Managing Editor) Sat, 03 Sep 2022 14:25:23 +0500 OJS 3.3.0.10 http://blogs.law.harvard.edu/tech/rss 60 The Effects of Audit Committee's Characteristics on the Accuracy of Profit Forecasting https://www.grnjournals.us/index.php/ajebm/article/view/1439 <p>This study aims to know the effects of the audit committee's characteristics (financial experience, independence, size) on the accuracy of forecasting profits. To achieve this goal, data related to companies listed on the Tehran Stock Exchange (TSE) for the years 2012 to 2015 were extracted and the research hypotheses were tested using a regression model. The results of the research showed that there is a positive effect between the independence and size of the audit committee with the accuracy of forecasting the profits. In contrast, no significant effect was observed between the financial experience of the audit committee and the accuracy of forecasting profits. Overall, the results of this research shows that an audit committee can influence the quality of financial reports by improving the accuracy of earnings forecasting. This study contributes to help the boards of directors of companies in Iran to know the extent of the impact and effectiveness of the audit committee in forecasting profits, which could be reflected on investors in making the appropriate investment decision in Iran's capital markets.</p> Farqad Faisal Jadaan Sallal, Ali Saad Mohammed, Shaymaa Nihro Jabal Copyright (c) 2022 https://creativecommons.org/licenses/by/4.0 https://www.grnjournals.us/index.php/ajebm/article/view/1439 Sat, 03 Sep 2022 00:00:00 +0500 Pricing of Call Options According to the Black Model https://www.grnjournals.us/index.php/ajebm/article/view/1447 <p>The global economy is entering a new, more complex phase, which is called the era of globalization - loaded and affected by a set of global financial and economic variables that had, still and will continue to have a radical and profound impact on the performance and work of financial institutions of all kinds and classification's, from the perspective that financial institutions play a vital role in economic activity. . In addition, the multiplicity of activities and works of financial institutions made them face modern risks that they did not face before. The risk of stock price fluctuations and credit risk is still a concern of every financial institution; As it is closely related to the main function of the majority of financial institutions, which is credit, despite the economic reforms and protocols established by international bodies; However, the work of these institutions is still exposed to the risk of fluctuations in the price of their shares. On this basis, the study came to shed light on the most prominent tools for managing stock price risk and hedging it, which are options contracts, and revealing their hedging effectiveness in terms of risk and return for the user of these contracts in hedging the risk of stock price fluctuations.</p> Haider Abbas Aljanabi, Hussein Hadi Abdulameer Copyright (c) 2022 https://creativecommons.org/licenses/by/4.0 https://www.grnjournals.us/index.php/ajebm/article/view/1447 Tue, 06 Sep 2022 00:00:00 +0500 Sustainable Marketing Performance and its Role in Creating Value to the Organization: a Case Study in Al-Kut Textile Lab https://www.grnjournals.us/index.php/ajebm/article/view/1448 <p>The purpose of this study is to discover the input of sustainable marketing in creating value to the organizations through employing its dimensions (innovative marketing, marketing sense of message, marketing to the customer, marketing to the value of marketing, and social marketing) and emphasizing their role. This results in a relationship between sustainable marketing and its role in creating value to any organization. This role is clarified through practicing social responsibility in marketing; it focuses on caring for both customers and society.</p> <p>A sample selected from employees in Al-Kut Textile Lab has been conducted in order to achieve the goal of the study. The researcher has devoted the questionnaire as a method of data collection to accomplish the study and achieve its purposes. Sixty questionnaires have been distributed. The statistical application (SPSS v.16) has been used to analyze data. It has been found that Al-Kut Textile Lab is able to be adapted with marketing variables and to fulfill orders following thoughtful plans. The study recommends strengthening market researches to predict future needs of customers.</p> Hatem Kareem Mohammed Copyright (c) 2022 https://creativecommons.org/licenses/by/4.0 https://www.grnjournals.us/index.php/ajebm/article/view/1448 Tue, 06 Sep 2022 00:00:00 +0500 Scientific and Theoretical Interpretation of the Concept of Tax Potential https://www.grnjournals.us/index.php/ajebm/article/view/1416 <p>The article emphasizes that interest in the study of tax potential has existed for a long time. In particular, it is stated that the problems of determining the tax burden, the tax limit were studied in the works of the classics of political economy in the XVIII century and developed in the later and current directions of economic thought. It is noted that in the process of different approaches in economics to the tax burden, the formation of conceptual rules that are still used today in the field of taxes and taxation. In particular, the essence of the principle of fairness of taxation, the need for cost optimization for tax administration, the content of tax burden optimization, the relationship between the tax rate and the tax base, the role of taxes as a mechanism of state regulation of economic development were studied. All of these provisions are relevant to the science and practice of Uzbekistan and foreign countries, and their importance as a catalyst in the development of research in the field of taxes and taxation, tax policy. The content of the concept of tax potential has been theoretically analyzed on the basis of different scientific approaches of scientists. In particular, the different aspects of the concepts of tax potential and financial potential are revealed. The essence of the terms used in the interpretation of the concept of tax potential in foreign publications and the characteristics of the approaches of local scholars in this regard have been scientifically studied.</p> <p>It was noted that the tax potential depends more on the country’s tax policy, applicable benefits, tax rates, tax base and other indicators. It was strongly suggested that in order to increase the economic power of the regions by determining the tax potential of the regions, it is possible to determine the state of access to taxable resources and the policy of further incentives or restrictions. The author has developed scientific views on the necessity and importance of the tax potential of the region in the formation of budget revenues.</p> Musagaliev Ajiniyaz Jumagulovich Copyright (c) 2022 Musagaliev Ajiniyaz Jumagulovich https://creativecommons.org/licenses/by/4.0 https://www.grnjournals.us/index.php/ajebm/article/view/1416 Thu, 08 Sep 2022 00:00:00 +0500 Improving the Accounting of Rental Operations in Accordance with Financial Reporting International Standards https://www.grnjournals.us/index.php/ajebm/article/view/1459 <p>This article discusses the issues of reflecting the accounting of rental operations in the accounting system of the Republic of Uzbekistan in financial statements on the basis of international financial reporting standards.</p> <p>The need for international financial reporting standards on the basis of a new national standard regulating the rules of formation in accounting and reporting information on rental operations of business entities is mentioned.</p> <p>In accordance with the international standards of the financial statements of rental operations, the regulation of internal accounting, taking into account the fair value of the acquired asset property in operational and financial rent, the discounted value of the lowest or least rental payments was given a tariff. As a source of financing, the main advantages of renting are highlighted. In accordance with international financial reporting standards, the main directions for improving the accounting of rental operations have been developed.</p> <p>The report allows users to accurately assess the state of financial statements on the basis of international standards, make rational administrative decisions about the object, as well as get a complete picture of the development of the organization.</p> <p>In the scientific studies carried out, conclusions, definitions and recommendations of methods for accounting for financial rent and operational rental are given in accordance with international financial reporting standards.</p> A. M. Babadjanov, Sh. M. Baymetova Copyright (c) 2022 https://creativecommons.org/licenses/by/4.0 https://www.grnjournals.us/index.php/ajebm/article/view/1459 Sat, 10 Sep 2022 00:00:00 +0500 The Impact of Financial Innovation on the Profitability of Iraqi Commercial Banks: A Case Study of the Commercial Bank of Baghdad https://www.grnjournals.us/index.php/ajebm/article/view/1463 <p>The current research aims to know the impact of financial innovation on the profitability of Iraqi commercial banks by studying the performance of one of the largest private commercial banks in Iraq, the Baghdad Commercial Bank, for the purpose of providing researchers and those interested in financial issues with the importance of these variables and their impact on the business structure of the local banking system in particular, and their impact On the global business structure in general, the current research presents the scientific and literary concepts about the study variables (financial innovation and bank profitability) and shows the extent to which successful banks have progressed in adopting these concepts. Financial innovation for the purpose of improving its performance and thus increasing its profitability? On the basis of the goal and problem of the research, the researcher seeks to test the research hypotheses represented in the existence of a correlation between the financial innovation of Iraqi commercial banks and the profitability of banks and the presence of an impact of the financial innovation of Iraqi commercial banks on the profitability of banks, and the results of the research showed that there is a positive, important and strong relationship between financial innovation and the profitability of the bank. The results also that financial innovation has a clear impact on the profitability of the bank, that is, it contributes significantly to improving the financial performance of the bank and thus increasing the profitability of the bank.</p> Oday Abbas Abdulameer Al-Torjawee, Hayder Jasim Obaid, Mohanad Hameed Yasir Copyright (c) 2022 https://creativecommons.org/licenses/by/4.0 https://www.grnjournals.us/index.php/ajebm/article/view/1463 Tue, 13 Sep 2022 00:00:00 +0500 Wastewater Analysis https://www.grnjournals.us/index.php/ajebm/article/view/1464 <p>Currently, the incomplete provision of wastewater treatment facilities for municipal and industrial industries, their proximity to canals, collectors, river banks and other water bodies, leads to significant pollution of water resources.</p> Kochkarova Cholponoy Khabibullaevna Copyright (c) 2022 https://creativecommons.org/licenses/by/4.0 https://www.grnjournals.us/index.php/ajebm/article/view/1464 Tue, 13 Sep 2022 00:00:00 +0500 Theoretical and Methodological Aspects of Community Supervision Institutining https://www.grnjournals.us/index.php/ajebm/article/view/1465 <p>the article analyzes the theoretical and methodological aspects of issues such as the concept, purpose, tasks, and principles of public control. The role and importance of civil society institutions in the implementation of public control is highlighted. Also, the approaches of scientists on public control were analyzed and a definition of authorship was developed.</p> Tursunov Hamdam Copyright (c) 2022 https://creativecommons.org/licenses/by/4.0 https://www.grnjournals.us/index.php/ajebm/article/view/1465 Tue, 13 Sep 2022 00:00:00 +0500 Can Hospitality Industry Organisations Boost Employee Engagement by Improving its Climate? https://www.grnjournals.us/index.php/ajebm/article/view/1470 <p>Can hospitality industry organisations boost employee engagement by improving its climates? To answer this question, one hundred and fifty three (153) employees of Osborn La-Palm Royal Resort, Abakaliki, were surveyed using a structured questionnaire; to determine the relationship between three dimensions of organisational climate (namely; participatory, flexibility, and performance feedback) and employee engagement. Results of Pearson Product Moment Correlation, which was used to test the hypotheses of the study, show that both participatory climate (r = 0.620, p&lt;0.05) and performance feedback climate (r = 0.472, p&lt;0.05) have significant positive relationships with employee engagement. However, there is a non-significant positive relationship between flexibility and employee engagement (r = 0.112, p&gt;0.05). These results imply that improvements in participatory and performance feedback dimensions of organisational climate can boost employee engagement in Osborn La-Palm Royal Resort, Abakaliki. There should, therefore, be deliberate effort to develop and implement policies that enhance employee participation in decision-making, and to ensure regular and objective employee performance feedback, in order to boost employee engagement.</p> Emmanuel Agwu Arisi-Nwugballa, Augustine Ikechukwu Mamah, Gabriel Obasi Chidozie Udu, Ikenna Anthony Onah Copyright (c) 2022 Emmanuel Agwu Arisi-Nwugballa, Augustine Ikechukwu Mamah, Gabriel Obasi Chidozie Udu, Ikenna Anthony Onah https://creativecommons.org/licenses/by/4.0 https://www.grnjournals.us/index.php/ajebm/article/view/1470 Fri, 16 Sep 2022 00:00:00 +0500 Employing Price Policies to Achieve Customer Loyalty: an Analytical Study of the Opinions of a Sample of Customers of Korek Telecom Companys https://www.grnjournals.us/index.php/ajebm/article/view/1474 <p>The issue of price policies and customer loyalty recent decades has received prominent attention by most researchers, That is, the goal of the current study lies in diagnosing the relationship between price policies and customer loyalty, by identifying the role played by (price policies) Its dimensions (stay, maximization of porn, market share leadership, product quality). Its dimensions (stay,profit maximization, market share, product quality. the effectiveness of dealing with customer loyalty by its dimensions (behavioral ,situational).As for the second main hypothesis (there is an impact of the price policies in customer loyalty, and therefore in order to diagnose this relationship, the opinions of 110 employees of the Korek Telecom Company. were surveyed, and (100) were recovered, valid for analysis, at a rate of (91%), Use SPSS.V24,a set of statistical methods were adopted, such as the arithmetic mean, standard deviation, correlation coefficient Person, regression coefficient, deviation coefficient R2 and Cronbach's alpha coefficient to test the validity of the study's hypotheses. The study determined the first main hypothesis, which is that there is a statistically significant correlation between the price policies and customer loyalty, The results were summarized to the existence of a correlation and a statistically significant effect of the price policies knowledge creationto indicate the socialization of the employees of the Korek Telecom Company, which improves dealing with customer loyalty in order to ensure the development and balance between the price policies the skills of dealing with customer loyalty among the employees of the Korek Telecom Company.</p> Adawiya Hatem Hassan, Zena K.dekhil AL-Shaibani, Khamail Muhsin Hamza Copyright (c) 2022 https://creativecommons.org/licenses/by/4.0 https://www.grnjournals.us/index.php/ajebm/article/view/1474 Mon, 19 Sep 2022 00:00:00 +0500 Interest Rate and Economic Growth Linkages: An experience of the Indian Economy https://www.grnjournals.us/index.php/ajebm/article/view/1462 <p>According to many studies, many developing as well as developed economies have found a significant relationship between interest rate and economic growth. This paper studies the interaction between Interest rate and the Economic growth of Indian economy. We analyzed the related data connecting with other factors that might have an impact on the particular linkage such as FDI, Inflation, unemployment and National Income. This study is based on annual time series data for the period from 1980 to 2020. We incorporated the use of analytical model such as unit root test, cointegration test, vector error correction model and Granger’s Causality Test. The findings shows that Interest rate has a significant impact on economic growth during the time period. The economic growth in turn also affects the FDI inflow into the country.</p> Dr. Rabichandra Singh E, Ms. Juhi Bakshi Copyright (c) 2022 Dr. Rabichandra Singh E, Ms. Juhi Bakshi https://creativecommons.org/licenses/by/4.0 https://www.grnjournals.us/index.php/ajebm/article/view/1462 Mon, 19 Sep 2022 00:00:00 +0500 The Expected Role of Organizational Culture in the Relationship Between Servant Leadership and Employee Performance https://www.grnjournals.us/index.php/ajebm/article/view/1461 <p>The current research aims to study the relationship between servant leadership and employee performance by emphasizing the moderating and mediating role of the organization's culture. As the business sector faces the challenges of competition all over the world, many researchers and writers have studied the relationship between the investigated variables (servant leadership, employee performance, and organizational culture) by studying the direct relationships between variables or studying the mediating role of organizational culture between the relationship of servant leadership and employee performance. After reviewing previous local and foreign research and studies, it was found that there is no research or study to show the moderating role of organizational culture in the relationship between servant leadership and employee performance. Both roles. Based on the foregoing, the research problem is represented by asking the following main question (What is the expected role of organizational culture in the relationship between servant leadership and employee performance?) The community of this research is represented by choosing Al-Zawraa State Company. The research community consisted of different administrative levels of working individuals, managers, heads of departments, and people's officials, which numbered (140) people, and the size of the research sample was (76) people. As (100) forms were distributed and only (79) were retrieved from them, (76) of them were valid for statistical analysis. The study reached several conclusions, including that organizational culture leads to moderating role and mediating role in the relationship between the dependent and independent variables.</p> Mustafa Hatwan Rhima Copyright (c) 2022 Mustafa Hatwan Rhima https://creativecommons.org/licenses/by/4.0 https://www.grnjournals.us/index.php/ajebm/article/view/1461 Mon, 19 Sep 2022 00:00:00 +0500 FEATURES OF CONSUMER BEHAVIOR ON THE INTERNET https://www.grnjournals.us/index.php/ajebm/article/view/1484 <p>The objective of this article is to uncover the characteristics that influence customer behavior in the virtual environment, from the selection process through the purchase decision. The article's scientific uniqueness comes in identifying the characteristics of consumers' economic behavior in a virtual world in relation to motivational, value, social, and communication variables. Consumer behavior is changing on the Internet, and its multifunctionality is manifesting itself, including the expansion of value and institutional roles. The socializing of the customer and the increase in the value function are strengthened in the virtual realm. Consumer socialization occurs through interpersonal communications, in which the role of content expands and virtual communities emerge, which impact the consumer's choice and economic behavior.</p> Dr. Gulsarakhon Ostonakulova Copyright (c) 2022 https://creativecommons.org/licenses/by/4.0 https://www.grnjournals.us/index.php/ajebm/article/view/1484 Thu, 22 Sep 2022 00:00:00 +0500