Asian Journal of Managerial Science <p>Asian Journal of Managerial Science is a half-yearly, Double-Blind Peer-reviewed, scholarly journal that publishes scientific research on the latest developments and practices of management science, emphasizing modeling, optimization, computation, and data analytics for identifying and solving management problems, making business decisions, and managing risks in complex management systems.</p> en-US (Dr.K.S.Shivraj) (Ms. S. Sukanya) Fri, 05 Nov 2021 00:00:00 +0530 OJS 60 A Study on Saving and Investment Behavior of Millennial Employees Employed in BPO Sector in Bengaluru City, Karnataka, India <p>Millennials or Generation Y are people born between 1982 and 2004. Currently, they constitute a third of India’s population, and 46% of the current workforce. Millennials have begun investing at a much earlier age compared to their parents, suggests data from the latest YouGov-Mint Millennial Survey. This study is focusing on the preference of Investments by millennial working in IT sectors of Bengaluru city. It will be helpful to identify the different and better investment options that are available in the market. The research is restricted to factors perceived by the millennial investors when investing in various avenues of investment. Their level of choice, satisfaction, knowledge and problem severity were considered regarding the various aspects of investment avenues available in the study area. This research contributes to developing an understanding of Millennials’ financial planning and investment behaviour.</p> Mohammed Umair, R. Ganapathi Copyright (c) 2021 Asian Journal of Managerial Science Fri, 05 Nov 2021 00:00:00 +0530 Socio-Economic Impact on the Working-Class during the Covid-19: A Comparative Study between Kolkata and Dhaka Cities <p>This study compares the socio-economic impact on the working-class between Kolkata (West Bengal, India) and Dhaka (Bangladesh) Cities during the period of Covid-19 because the socio-economic characteristics’ are comparatively similar in nature. Workers in diverse sectors have undergone by reason of the closure of businesses, manufacturing and service sectors, and other sectors. This study is based on primary data collected from two cities of two countries using the structured questionnaire. In the course of analysis, exploratory factor analysis and structural equation modeling have been used. Exploratory factor analysis shows that five latent variables in terms of one economic factor, three societal factors and one working-class factor from Kolkata city and six latent variables in terms of two economic factors, three societal factors and one working-class factor from Dhaka city have been identified. The structural equation model demonstrates that both economic and societal factors/variables influence the working class in Kolkata and Dhaka cities during the pandemic situation.</p> Amalendu Bhunia, Santus Kumar Deb, Humaira Siddika Copyright (c) 2021 Asian Journal of Managerial Science Fri, 05 Nov 2021 00:00:00 +0530 Microfinancing and Entrepreneurship Growth among Women in Ogun State, Nigeria <p>Entrepreneurship has continually been a tenacious tool in responding to global poverty. The last few decades recorded tremedous activities of women entrepreneurs. Funding is a critical challenge to present and prospective women entrepreneurs. Microfinancing contitutes a principal source of easy access to funds. Microfinancing comprises financial and non-financial services which could possibly be a driving force to women entreprenuship and empowerment. However, the presence of microfinancing is though visible but there is lack of necessary investigation revealing the impact of microfinancing on entrepreneurial activities among women. Also, repayment problems pose threats of continuity to both microcredit institutions and entrepreneurs. A number of repayment strategies are in existence but there is lack of necessary investigation showing the influence of these repayment strategies on entrepreneurship growth among women. The focus of this study was to evaluate how Microfinancing has influenced entrepreneurship growth among women. This study adopted survey research design and convenience sampling technique. The study concluded that microfinancing has a significant impact on entreprenuship growth among women in Ogun State, Nigeria. Moreover, the developed model would serve as a useful inspiring construct for researchers.</p> G. Oluwakemi Adeoti, T. Tunji Siyanbola, F. Folajimi Adegbie, D. Olubukola Adekola Copyright (c) 2021 Asian Journal of Managerial Science Fri, 05 Nov 2021 00:00:00 +0530 Factor Analysis of Occupational Stressors among Academicians from Autonomous Colleges in Madhya Pradesh, India <p>Occupational stress or work stress is one of the major factors affecting employees at the workplace. It is evident from the available literature that occupational stress is present among the faculties of the higher education. It is increasing due to intense competitive pressure and new challenges in the academic environment. The objective of this paper is to identify the main factors or stressors of occupational stress among the academic faculty of higher educational institutions in India. This study was done on a sample of 400 faculty members, which was drawn randomly from different autonomous colleges of Madhya Pradesh. Exploratory factor analysis was applied for determining the stressors. The stress level was measured, and t-test was performed for data analysis. The study has confirmed five factors namely, Work-Related Stressors; Personal and professional development Stressors; Techno Stressors; Colleagues and Students Interaction Stressors and Organizational Climate Stressors. The results also revealed that major causes of occupational stress. The significant differences in stress level between Male and Female faculties and between Government and Private College faculties are also reported.</p> Alka Shrivastava Copyright (c) 2021 Asian Journal of Managerial Science Fri, 05 Nov 2021 00:00:00 +0530 Determinants of Capacity Utilization among Agribusiness Firms in Nigeria <p>For agribusinesses in developing economies to realize their potential, enhancing their overall performance in terms of capacity utilisation is essential. The objective of thiepaper is to provide information on the determinants of capacity utilization among agribusinesses in Nigeria. Providing this information is necessary to deliver good policies and strategic support from governments as well as providing a favourable business environment that will help agribusinesses reach their potential. This study adopted the survey design. Data were collected from 2014 the World Bank Enterprise survey. Purposive sampling technique was used to select all the agribusiness enterprise categories included in the World Bank data. These categories include food, tobacco, textiles, garments, leather, wood, and paper industries. The data were analyzed with instrumental variable estimation technique. Result from the analysis showed that size of enterprise and legal status were statistically significantly different from zero at 1% level of significance while Experience of top manager was found to be significant at 5% per cent level of significance. The result, therefore, revealed the existence of significant effects of firm characteristics on capacity utilization of agribusiness firms. Among other things, effort must be made to harness the potential of women agribusiness leaders, as well as small agribusinesses in the country as they appeared to be the most efficient and performing entity in the country. No previous study in the country has been carried out to uncover these determinants and how they can be improved to deliver a robust agribusiness sector.</p> Chukwuma Ume, Patience Ifeyinwa Opata, Kalu Uche Felix, Ukwuaba Charles Ikenna, Sunny Chukwuemeka Ume, Agu Amarachi Jacinta Copyright (c) 2021 Asian Journal of Managerial Science Fri, 05 Nov 2021 00:00:00 +0530 The Impact of Exchange Rate and Exchange Rate Volatility on Foreign Direct Investment: An Econometric Investigation in Sri Lanka <p>This paper aims to explore the impact of exchange rate volatility on the ability to attract foreign direct investment (FDI) in the emerging economy of Sri Lanka. This investigation covers the period between 1978 and 2018. Exchange rate volatility is captured from the variance of the residuals by employing the testing procedure of ARCH (Engle, 1982) and GARCH (Bollerslev, 1986) models and its impact upon FDI is estimated by an Autoregressive Distributed Lag (ARDL) approach which is developed by Pesaren et al. (2001). The estimated results indicated that exchange rate volatility exerted significant positive impact on FDI during the period between 1978 and 2018 and the results show that exchange rate, exchange rate volatility, inflation, infrastructure, local and foreign interest rate, real GDP, political stability, and trade openness are the crucial determinants of FDI inflow in Sri Lanka. These findings are supported with Goldberg and Kolstad (1994) and it helps to the policy makers to concentrate exchange rate volatility, other macro-economic stability and political stability are key to boom FDI inflow in Sri Lanka.</p> Priyatharsiny Thujiyanthan Copyright (c) 2021 Asian Journal of Managerial Science Fri, 05 Nov 2021 00:00:00 +0530 Investigating the Production Efficiency of Power Loom Industry in Pabna Sadar Upazila, Bangladesh <p>The power loom industry is extremely important to our country’s economy: employs a large number of people, helping to alleviate rural poverty, and it is a growing source of government revenue. The aim of this research is to identify the prospects and production efficiency of power loom industry in Pabna, Bangladesh. To assist the aim, this study has been based on primary data collected from 52 power loom units between October and November in 2019 with the help of a structured questionnaire and face-to-face interview method. In this study, an econometric model of Cobb-Douglas production has been employed to measure the factors affecting the sales revenue and the efficiency of production in power loom industry. The estimated results confirmed that main determinants of increasing the production efficiency and sales revenue of power loom industry are quality yarn, skilled labour, machine and electricity. The efficiency parameter is obtained 2.653.</p> Md. Toriqul Islam, Farjana Quayum Keya Copyright (c) 2021 Asian Journal of Managerial Science Fri, 05 Nov 2021 00:00:00 +0530