International Journal of Management, Accounting and Economics
Volume:10 Issue: 9, Sep 2023

Petroleum is one of the vital sources of energy for economic activities and the most traded commodity worldwide. It is crucial to industry and civilization and as it meets a substantial portion of the world's energy requirements, it has a big impact on global politics and intergovernmental relations. Given the importance of oil to the economy, projecting crude prices has received a lot of focus in the literature. The primary goal of this research is to assess how well Holt's technique and Autoregressive Integrated Moving Average (ARIMA) forecast the petroleum prices in Tanzania. To determine whether the model is more reliable at predicting the prices of petrol in Tanzania, a comparative analysis was perfumed. Monthly data on petroleum prices were extracted from the bank of Tanzania website between February, 2004 to May, 2023. The mean absolute percentage error (MAPE), mean absolute error (MAE), and mean squared error (MSE) were used to evaluate the predictive ability of the ARIMA and double exponential smoothing models. The findings indicated that ARIMA (1,1,1) outperformed double exponential smoothing model for forecasting the prices of petrol in Tanzania. The result of this study will guide policy makers and investors in the energy sector to make wise decisions through accurate prediction of the price of petroleum in the future.

The self-directed career attitude involves assuming responsibility and authority over one's career trajectory and actively directing one's professional development. This study examines the impact of self-directed career attitude (SDCA) on organizational citizenship behavior (OCB). This study also examines the mediating role of trust between the self-directed career attitude and OCB. Four hypothesis was developed to test the direct and indirect relationship. Primary data was collected through a questionnaire and analyzed through partial least square structural equation modeling. The SPSS was used to analyze the demographic information. The underpinning theory used in this study was self-determination theory. The test results show the positive direct relationship of SDCA, OCB and trust. The results also show the significant positive mediating effect of trust between SDCA and OCB. This research contributes to comprehending the mechanisms and consequences of behavior on human resources, which is essential for effective career management and developing appropriate HR policies.

The study analyzed the evaluation of training programs provided to prospective assessors at the Ministry of Energy and Mineral Resources. The object of study is a trainee who is projected as an assessor.  The total number of participants was 23 people. Kirkpatrick's model served as the basis for evaluating the training program. The four evaluation levels analyzed include reactions, learning, behavior, and outcomes. The four stages of Kirkpatrick's model can provide a description of the training process and recommendation items to the organization. This recommendation is given for continuous improvement of training quality. Data analysis using a mix-method approach is due to the combination of primary and secondary data. The results of the study explained that the four levels in the Kirkpatrick model were adequacy in the implementation of the training program. The four models explain that all training components and processes are running well. Prospective assessors who are trained are given high expectations to remain in training at an advanced level. The evaluation level provides several recommendations including reformulation of training planning, learning related to accreditation standards, professional ethics-based behavior, and work results adjusted to excellent service accompanied by high quality. Recommendations on the results of training evaluations can be carried out to improve the quality of the program in accordance with the needs of the organization. Training should be conducted adaptively, with high flexibility, and new competencies for prospective assessors. The results of the training can make a significant contribution to the expectations of the organization.

Human activities are causing great damage to the climate and the consequences are projected to be dire in the future. Tourism alone contributes about 8% to greenhouse emissions necessitating the call for sustainable tourism as a way to promote environmental conservation. This study examines the effect of environmental values on ecotourism visit intentions. The specific objectives were to ascertain the effects of biospheric, altruistic and egoistic values on ecotourism visit intention. Three hypotheses were stated and data was collected from 196 intending tourists out of which 163 were returned valid and used for the analysis. The data were collected through social media and the hypotheses were tested using multiple regression analysis via SPSS version 22 and descriptive statistics used to describe respondents’ demographics. The result showed that biospheric and altruistic values both have a positive and significant effect on ecotourism visit intention. While egoistic values negatively predict ecotourism visit intentions. Based on the findings, this study recommends that tourist destination marketers should strongly communicate the environmental benefits of travel and tourism on ecotourism destinations.

The determination of this research is to investigate the level to which the regulations governing professional authority have an influence on the efficiency of the banking sector in Bangladesh. In this study, we selected 100 (one hundred) sample from commercial banks from 2017 to 2021 years, respectively. These banks were all active participants and registered in the Dhaka Stock Exchange (DSE). To examine the relationship between the independent variables (bank size, board size, board composition, and CEO status) and the dependent variable (CEO status), a random effect of panel least square regression analysis was conducted (return on asset, return on equity and earnings per share). According to the results from the analysis, the size of a bank has a favorable effect on ROA and ROE, but a negative effect on EPS. Moreover, the success of Bangladeshi banks tends to increase as their size increases. Corporate governance and financial institution performance in Bangladesh are significantly associated.

The establishment of the nomination and remuneration committee (a key element of corporate governance structures) arises from the imperative to uphold principles of fairness, impartiality and transparency within the organization which serves to strengthen stakeholders’ confidence and enhance overall business performance. The purpose of this paper is to investigate the relationship between a firm’s financial performance and its nomination and remuneration committee (NRC). As shown in the section delineating the research technique, the statistical software STATA was employed to analyze the correlation between the independent and dependent variables in this inquiry. The dataset consisted of total 48 insurance firms listed in the Dhaka Stock Exchange over the time period of 2015 to 2022 resulting in a total of 384 firm-year observations. The results show that there is a statistically significant positive relationship between the financial measures (EPS, ROE) and the independent variable (NRC) except the ROA which is not statistically significant. This investigation seeks to address a gap in the existing literature by examining the company financial performance within the emerging insurance sector of Bangladesh. The study concludes by suggesting that further investigation and research in this area are warranted. Presumably, this means there are more aspects to explore regarding the relationship between financial performance and NRC in the context of the insurance sector in Bangladesh.