Short Description: Peer-Reviewed, Open-Access, DOAJ, Google Scholar indexed, Cabells WHITE-LISTED journal, publishing scholarly articles in finance, marketing, human resource, Information Technology, along with manuscripts documenting Economics research data and analysis.
E-ISSN: 2469-4339
P-ISSN:
Publisher: HATASO - SynergyGlobal
Institute:
Address: Plot No. 15, Ground Floor, 3rd Cross, Balaji Nagar, Oulgaret
City: Puducherry
State: Puducherry
Country: India
ZIP: 605010
Phone:
Email: [email protected]
10.18639/MERJ.2024.9900089
Original Research Article
Jul 11, 2024
The objective of the present study is to test for pricing efficiency in equities of individual information technology companies in the emerging Indian market, where the sector holds an important place in the domestic economy and is a significant contributor to the country’s exports. The fifty-six companies currently comprising the BSE IT index are studied for the possible presence of persistence in returns. Employing all continuously available price data for these firms, the Hurst exponent is estimated using three fractal analysis techniques, viz., rescaled range, roughness length, and wavelets. Persistence or “long memory” is unambiguously detected in eleven, or roughly 20% of the return series; antipersistence is detected in the case of two series. The results suggest that not all Indian information technology securities are priced efficiently and that there exists the potential for investors to exploit a long-memory characteristic in those stocks to extract excess profits from trading rules based on historical price information.
10.18639/MERJ.2024.9900087
Special Issue
May 28, 2024
Special Issue S8: “FDI Inflows in the Brazilian Economy”
Brazil has long depended on IFDI to boost economic growth. Its membership in the BRICS grouping since 2001 has increased links with two of the world’s fastest-growing economies – China and India. However, Brazil has not been a strong economic performer within the BRICS group, attracting only a modest share of IFDI both globally and intra-group, in part because of its high cost of doing business. Brazil’s primary benefits of BRICS membership have come from increased trade, involvement in alternative governance arrangements, and broader support from China. Economic reforms, both domestically and internationally, are critical to Brazil’s continuing success in attracting IFDI.
10.18639/MERJ.2024.9900086
Original Research Article
May 13, 2024
This study aimed to assess the efficacy of internal and external hiring practices as tools for strategic human resource management in the Zambian Insurance industry. The investigation analyzed the strengths and weaknesses of both internal and external hiring strategies, with a specific focus on their impact on organizational performance and employee development. Through an extensive examination of existing literature, interviews with industry professionals, and a survey of senior executives responsible for recruitment and selection processes in the Zambian Insurance sector, the study gathered data from a sample of both large and small insurance companies operating in different regions of Zambia. This ensured that the entire industry was represented. The study provided valuable insights into the strategic considerations and outcomes of internal and external hiring in this specific context, enhancing our understanding of effective human resource management practices in the Zambian Insurance industry and offering recommendations for improving talent acquisition strategies. The study also looked at the possibility of turning the human resource function in the surveyed industry from a 'day-to-day' issue to a more strategic aspect of the business through a comprehensive hiring plan and the use of internal recruitment with employee retaining strategies. In conclusion, the research findings suggest that the Zambian insurance sector has the capability to utilize both internal and external candidates as a strategic approach. The decision to choose between internal and external hiring is influenced by various factors, including financial considerations, the immediate need to fill a vacant position, the desire to bring in fresh expertise, and the compatibility with the company's culture. Internal hiring offers several advantages for the Zambian insurance industry, such as cost savings, reduced recruitment time, and the ability to foster employee growth and loyalty within the organization. Conversely, external hiring brings in new perspectives, skills, and experiences that may not be readily available internally.
