Review of Global Economic, Finance, and Transformation

Implications of Divers Rate on Economic Growth in Nigeria

2025-05-09T05:07:57+00:00

The study contributes to the discourse on the effectiveness of divers’ rate in driving economic growth. The specific rates considered were treasury bill rate (TREBR), savings rate (SAVR) and minimum rediscount rate (MINR). While, gross domestic product (GROSS) was the dependent variable. The ex post facto research design was used. The published annual reports and accounts of the Central Bank of Nigeria Statistical Bulletin for the financial period of through (21years) spanning from 2003 through 2023were used to measure the variables. The different estimations used for the study are: descriptive statistics, correlation analysis and multicollinearity. While ordinary least square was used to test the effect of the independent variables. The results shows that treasury bill rate (TREBR) and minimum rediscount rate (MINR) indicates weak and statistically insignificant relationships with GROSS. Also, the study reveals a significant negative relationship between the Savings Rate (SAVR) and gross domestic product (GROSS) in the examined period. Policymakers should focus on improving the efficiency of financial intermediation processes to ensure that savings are channeled effectively and also explore alternative monetary policy tools or combine existing tools with fiscal policy measures to stimulate economic growth.

Audit Firm Attributes and Real Earnings Management: Evidence from Quoted Nigerian Service Firms

2025-05-21T08:59:07+00:00

This study investigated the relationship between audit firm attributes and real earnings management among listed service firms in Nigeria, covering a ten-year period from 2014 to 2023. Drawing on the auditor theory of inspired confidence, secondary data were collected from the annual reports and accounts of quoted companies on the Nigerian exchange group and analysed via STATA 13 statistical package. The findings revealed no significant relationship between any of these audit firm attributes and real earnings management, indicating that these factors do not have a measurable influence on managerial decisions to manipulate earnings through operational activities among the sampled Nigerian service firms.it is therefore recommended that Regulatory bodies should prioritize strengthening audit regulations and enforcement mechanisms, as relying solely on larger audit firms may not effectively curb real earnings management in Nigerian service firms.

Analysis of Opportunities and Threats for Trade in Tea Plantation Products: A Case Study of Indonesia's Trade with Malaysia

2025-06-28T05:02:23+00:00

This research aims to analyze opportunities and threats in Indonesian tea plantation product trade, with a focus on trade relations between Indonesia and Malaysia, which is one of the main export markets. The background of this research is based on the declining trend of tea land area and production volume in Indonesia, which may impact global competitiveness. This research uses a comparative qualitative approach supported by literature analysis from official sources such as the Central Statistics Agency (BPS). Export structure, production volume, and product diversification are analyzed to assess Indonesia's competitive advantage in tea. The research results show that despite significant challenges, including declining production and land limitations, there are great opportunities to increase tea exports to Malaysia and other international markets. Technological innovation and strengthening marketing strategies are key to maintaining and improving competitiveness. The implications of this research emphasize the importance of synergy among stakeholders in supporting the sustainability of Indonesia's tea industry.

Brand Attitude as a Mediator in the Relationship Between Quality and Self-Congruity with Purchase Intention of Local Fashion

2025-09-27T05:57:34+00:00

Indonesia has significant market potential with a high level of purchase intention in the fashion industry. Ironically, this high consumer purchase intention for clothing in general is not accompanied by a strong intention to purchase local fashion brands. The low purchase intention toward local fashion is reflected in the purchase intention for local casual wear, the most frequently purchased clothing type by Indonesian consumers which accounts for 90% of total fashion product sales in the country. Therefore, this study aims to examine the influence of perceived quality and self-congruity, which are believed to be key factors affecting purchase intention in the fashion and local brand industry. This research also investigates the mediating role of brand attitude in this relationship, considering that brand attitude is one of the factors influencing purchase intention, according to the Theory of Planned Behavior. The study was conducted by collecting 245 samples of Generation Z, aged 18–28 years, residing in Jakarta, Surabaya, and Bandung, who are familiar with but have never purchased from Erigo, 3Second, and Roughneck brand. The data were analyzed using PLS-SEM. The findings show that self-congruity and brand attitude have a significant direct influence on purchase intention, whereas perceived quality does not have a significant direct effect. The study also confirms that brand attitude plays a significant mediating role in the influence of perceived quality and self-congruity on purchase intention towards local casual clothing brands.