Journal of Economics, Management and Trade 2021-01-22T11:49:52+00:00 Journal of Economics, Management and Trade Open Journal Systems <p><strong>Journal of Economics, Management and Trade (ISSN:&nbsp;2456-9216)</strong> publishes manuscripts with valuable insight to research, ideas and strategies of economics, management and trade. The journal also encourages the submission of useful reports of negative results. This is a quality controlled, OPEN peer reviewed, open access INTERNATIONAL journal. This journal aims to publish high quality papers (<a href="/index.php/JEMT/general-guideline-for-authors">Click here for Types of paper</a>) in all below mentioned areas.</p> An Investigation on Students’ Perception and Expectation from Hospitality Internship Program in Dhaka 2021-01-22T11:49:52+00:00 Samia Afrin Shetu Takrima Sayeda <p>The main objective of the study is to describe the intern students’ perceptions about their internship experience at hospitality industry in Dhaka. The respondents came from 22 educational institutes. The study used structured questionnaire (40 closed ended questions assessed using 5 point likert scale) comprised of three parts: Part I about internship placement, Part II factors influencing the internship program comprising with internship program planning, industry involvement and students’ self commitment, Part III pursuing a career in hospitality industry, along with demographic information. The study employed descriptive analysis to consider demographic information and central tendencies of the responses. A Cronbach’s alpha value of 0.93 is found and which indicates a good scale reliability. The study finds that students’ value their internship program planning and training notably. The successful completion of the training program has positive impact on future career in hospitality industry. However, the job hierarchy and long working hours create dissatisfaction among the interns.</p> 2020-12-08T00:00:00+00:00 ##submission.copyrightStatement## Effect of Sustainability Reporting on Economic Value Added of Manufacturing Firms Listed on Nigeria Stock Exchange 2021-01-22T11:49:51+00:00 Okoye, Emmanuel Ikechukwu Ndum, Ngozi Blessing <p>This study assessed the Effect of Sustainability Reporting on Economic Value Added of Manufacturing Firms Listed on Nigeria Stock Exchange. Twenty one (21) listed manufacturing firms constituted the sample size of this study between 2008 and 2019. <em>Ex-Post facto</em> research design and content analysis were adopted while secondary data were extracted from the annual reports and accounts of the sampled firms and were analysed using E-Views 10 statistical software. The study employed descriptive statistics and inferential statistics using Pearson correlation, Panel Least Square (PLS) regression analysis, granger causality test and Hausman test. Findings from the empirical analysis showed that Economic Sustainability Reporting, Social Sustainability Reporting, Environmental Sustainability Reporting and Sustainability Governance Reporting exerted a significant positive effect on Economic Value Added, of listed manufacturing firms in Nigeria at 5% level of significance respectively. It was recommended inter alia that corporate entities in Nigeria should invest in sustainability activities in all its ramifications in order to boost the image/reputation of the firms thereby increasing their returns.</p> 2020-12-12T00:00:00+00:00 ##submission.copyrightStatement## Examining the Economic Interaction between Liquidity and Firms’ Financial Performance: Evidence from the Ghana Stock Exchange 2021-01-22T11:49:49+00:00 Joseph Antwi Baafi John Kwame Duodu Eric Effah Sarkodie Williams Kwasi Boachie <p>This study examined the economic interaction between liquidity and financial performance of manufacturing firms listed on Ghana Stock Exchange (GSE). Specifically, the study sought to examine the relationship between liquidity as measured by current ratio, quick ratio and cash ratio and firms’ financial performance as measured by return as assets, return on equity and return on capital employed and determine the interactive effects on share value of firms. Data extracted from the audited and published annual reports of twenty-one (21) firms for the period 2008 to 2019 was used for the study. The study used correlation analysis for relationship and ANCOVA modeling for interactive effects. The study found that there was a weak positive statistically significant relationship between return on assets and measures of liquidity; there was a weak positive statistically insignificant relationship between return on equity and measures of liquidity; there was a weak negative statistically insignificant relationship between return on capital employed and measures of liquidity. The study also found positive effects of liquidity and performance on share value. However, the magnitude of interactive effect of liquidity and firm’s performance was much higher that the single effects. Based on the findings, the study recommended among others that authorities in listed manufacturing firms in Ghana should try and maintain an ideal level of liquidity that can meet their firms’ operational needs</p> 2020-12-14T00:00:00+00:00 ##submission.copyrightStatement## Intergenerational Education Mobility and Globalization: Evidence from Ghana 2021-01-22T11:49:48+00:00 Justice Ackom Baah Joseph Eshun <p>The issue of economic mobility among generations continues to be one of the understudied areas, especially in developing countries. Economic mobility usually referred to as Intergenerational Mobility (IM) studies the movement of individuals along the economic ladder. This paper relied on intergenerational education mobility to study into economic mobility in the Ghanaian setting. The paper, therefore, contributes to rarer existing literature on IGM in Ghana. Relying on random and fixed effect regression models, the study reveals that, economic mobility in Ghana is one of the lowest in the world far below economic mobility in countries like Turkey and Italy and far below economic mobility in developed countries like the US. The paper further reveals the significant role of globalization on IGM, highlighting a very important role of globalization in the lives of people. It is therefore recommended that to bolster the welfare of individuals, policymakers need to consider policies that are also aimed at expanding globalization. Moreover, the paper reveals that FDI and expansionary fiscal policy plays crucial roles in the economic mobility of individuals while unemployment has an exactly opposite effect on IGM.</p> 2020-12-17T00:00:00+00:00 ##submission.copyrightStatement## Complaint Redressal System of Banks: Comparison of Customers and Bankers Perception 2021-01-22T11:49:47+00:00 Rupali Gupta Babita Kumar Gagandeep Banga <p>The paper attempts to analyze and compare customers’ and bankers perception and behaviour towards complaint redressal system of banks. The study was conducted in three most populated districts (Amritsar, Ludhiana and Jalandhar) of Punjab, India. From each district 3 public (SBI, PNB and Punjab and Sind Bank) and 3 private sector banks (HDFC Bank, Axis Bank and ICICI Bank) having maximum number of branches were chosen. From each bank, one branch operating in rural and one in urban area was selected randomly. Hence, a total of 36 branches were contacted. From each branch 20 customers and 2-3 officers/managers were surveyed through a structured and non disguised questionnaire based on complaint redressal system of banks namely Banking Ombudsman. Thus, survey was administered on 720 customers (36*20=720) and 72 bankers (36*2=72). Findings highlighted that very few customers were aware about customer complaint redressal system. Banks do not provide much information about complaint redressal system resulting in most of the customers not complaining about the problems faced by them. Hence, a gap was found between problems faced by the customers and complaints received by the bankers.</p> 2020-12-22T00:00:00+00:00 ##submission.copyrightStatement## Trade Dynamics of Basmati and Non-Basmati Rice Exports from India 2021-01-22T11:49:45+00:00 M. Udhayakumar K. R. Karunakaran <p>India is the world's largest producer and leading exporter of basmati rice. India produces about 70 per cent of the total world basmati rice production and the rest is produced by Pakistan. During 2017-18 the country has exported globally about 40.56 Lakh tonnes of Basmati Rice and 86.48 Lakh tonnes for Non-Basmati rice, the worth of 268.70 billion and 229.68 billion respectively. Basmati rice has got good export demand and fetches good export price in international markets due to such uniqueness. The higher price of basmati rice in international market made basmati rice as export competitive product. The present study is to analyze the export performance and its competitiveness of basmati non-basmati rice in India. In this paper rice trade dynamics of changes in terms of value of exports of basmati and non-basmati rice from India to different export markets have been measured by employing the Markov-Chain model. U.A.E. and Saudi Arabia are found to be stable destinations for Indian basmati rice exports from Markov-Chain results. Whereas, Benin, Bangladesh and UAE are found to be major destinations for non-basmati rice exports. The most unstable markets among the non-basmati rice importing countries were Cote D Ivoire and Liberia with the zero per cent retention. In order to sustain in the international market, Indian export price needs to be competitive besides improvement in quality and sanitary standards.</p> 2020-12-30T00:00:00+00:00 ##submission.copyrightStatement##