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Rethinking Social Security Protection with a Digital Mindset: Cases of PSSSF and NSSF in Tanzania
Issue:
Volume 11, Issue 2, June 2023
Pages:
66-73
Received:
16 January 2020
Accepted:
13 February 2020
Published:
13 April 2023
Abstract: This study examined the use of computerized systems in Social Security Funds (SSFs) in Tanzania. The primary data used for the study were derived using structured questionnaires. Descriptive statistics was used in data analysis. Using a case study design within the quantitative approach, this study examined the types of computerized systems used in Social Security Funds. Findings revealed that the Social Security Scheme in Tanzania is undergoing transformation. It is moving towards a ‘Digital Pension.” In many SSF offices computers, networks, the Internet, and World Wide Web are increasingly used to capture, process, store, and track members’ remittances. More specifically, computerized systems used include Members Management Information System (MMIS), Core Fund Management System (CFMS), “Mobile Taarifa” through mobile phones, Automated Finger Print Identification Systems, Information Kiosks, self-help portal, benefits calculators and Fund Identification Management System (FIMS). They relieve members from visiting and queuing for long hours at SSF offices for a service they would get in a minute all by themselves. Computerization is mostly used for improving the process of issuing benefits. There is a need for using technology for increasing coverage. The government should encourage citizens to use mobile phones to open their pension accounts linked to National IDs.
Abstract: This study examined the use of computerized systems in Social Security Funds (SSFs) in Tanzania. The primary data used for the study were derived using structured questionnaires. Descriptive statistics was used in data analysis. Using a case study design within the quantitative approach, this study examined the types of computerized systems used in...
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Examining the Impact of Environmental, Social and Governance Scores on Financial Performance of Listed Companies on the German Stock Exchange (XETRA)
Jacob Azaare,
Zhao Wu,
Socrates Kwadwo Modzi,
Ping Li,
Enock Mintah Ampaw
Issue:
Volume 11, Issue 2, June 2023
Pages:
74-92
Received:
9 March 2023
Accepted:
28 March 2023
Published:
18 April 2023
Abstract: As investors' knowledge on sustainability concerns rises, the concept and interest of sustainable investment continue to expand and become increasingly attractive as the global financial market is considered an effective and powerful tool in the process of developing sustainable economies. Although sustainability is not a new concept in the financial market, its recent recognition and wider adoption has increased as consumers, investors, businesses, and world leaders have become more sensitive and concerned about the future of the planet. Hence, this paper re-examines the impact of environmental, social, and governance (ESG) scores on the financial performance of the listed companies on the German Stock Exchange from 2011 to 2021. With a total of 450 listed firms and 4,950 observations sourced from the Refinitiv database, vector autoregressive (PVAR) together with the system-generalized method of moments (system-GMM) and robust panel multiple regression models were employed to examine the impact and causal relationship between ESG scores and corporate financial performance. The results suggest that ESG scores contribute to organizations' financial performance. We found that better ESG ratings increase companies' systematic risk (volatility), which could boost or increase their stocks' returns. The study however did not find Granger causality between ESG scores and the accounting-based financial performance (ROA), but it did for the market-based financial performance (Tobin’s Q). It showed that ESG scores negatively Granger cause firms’ financial performance. In a nutshell, organizations' financial performance may be improved by having a higher ESG score and performing better in the social dimension. Overall, the evidence supports the idea that a business case exists for sustainability and corporate social responsibility.
Abstract: As investors' knowledge on sustainability concerns rises, the concept and interest of sustainable investment continue to expand and become increasingly attractive as the global financial market is considered an effective and powerful tool in the process of developing sustainable economies. Although sustainability is not a new concept in the financi...
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The Influence of Taxpayer Education in Tax Collection Performance: A Case of Tanzania Revenue Authority, Dar Es Salaam Tax Regions
Geofrey Bitegeko,
Edwin Bingireki
Issue:
Volume 11, Issue 2, June 2023
Pages:
93-97
Received:
16 April 2023
Accepted:
7 June 2023
Published:
20 June 2023
Abstract: The study assessed the influence of Taxpayer education in Tax collection performance in Tanzania. The data used was collected from Tanzania Revenue Authority, Dar es Salaam Tax Regions. The Taxpayer education strategy was used as predicting variable while the Tax collection performance as dependent variable. Data was analysed by using SPSS Software and inferential analysis such as Correction and Regression Analysis to determine the relationship of the study variables, due to its wide range of variables the researcher only concentrate on the three groups of variables were investigated under the scope of this study. Study of correlation revealed a favorable relationship between taxpayer education approach and tax revenue, with a correlation coefficient of 1 and 0.885. Regression analysis was used in the study to determine the statistical significance of the association between taxpayer education and Tanzania's level of tax income. In conclusion, raising public understanding of tax laws, the contribution taxes make to national development, and particularly how and where the government spends the money it collects through taxes is best accomplished through taxpayer education. The ministry of education should offer taxpayer education and make an effort to integrate a course on public finance and taxation in the curricula of all departments, according to the study's recommendations.
Abstract: The study assessed the influence of Taxpayer education in Tax collection performance in Tanzania. The data used was collected from Tanzania Revenue Authority, Dar es Salaam Tax Regions. The Taxpayer education strategy was used as predicting variable while the Tax collection performance as dependent variable. Data was analysed by using SPSS Software...
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The Influence of Marketing Communications Through Online Media and Marketplace on Sales Turnover of Pandandwangi Rice Cianjur
Endah Lisarini,
Dika Novaldi,
Hanisa Sismaya Lestari
Issue:
Volume 11, Issue 2, June 2023
Pages:
98-103
Received:
29 May 2023
Accepted:
16 June 2023
Published:
27 June 2023
Abstract: The era of digitalization encourages anyone to take advantage of online media to communicate and do business. To increase sales, marketing, and sales communications are carried out through various social media sites and marketplaces. The phenomenon of selling through social media and the marketplace is interesting to study. The purpose of this study was to examine: 1) the simultaneous effect of marketing communications through various types of social media and types of the marketplace on sales turnover of Pandanwangi rice; 2) the partial effect of marketing communications through various types of social media on sales turnover of Pandanwangi rice; 3) the partial effect of marketing communications through various marketplaces on sales turnover of Pandanwangi rice. Path analysis quantitative descriptive method is used to get answers to research objectives. Data were collected from 65 respondents in a cross-sectional survey. The results showed that marketing communications through appropriate online media, accompanied by interesting and informative communication content, were able to increase the sales turnover of Pandanwangi rice. The selection of a marketplace that many viewers have access to as a marketing communication medium significantly increases the sales turnover of Pandanwangi Cianjur rice. Simultaneously, marketing communications through online media and the marketplaces that are visited by many viewers, have a significant effect on increasing sales turnover of Pandanwangi Cianjur rice. It is hoped that the results of this research can be taken into consideration by stakeholders in communicating as well as marketing Pandanwangi rice with geographic indications online.
Abstract: The era of digitalization encourages anyone to take advantage of online media to communicate and do business. To increase sales, marketing, and sales communications are carried out through various social media sites and marketplaces. The phenomenon of selling through social media and the marketplace is interesting to study. The purpose of this stud...
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