International Research and Academic scholar society

IRASS Journal of Economics and Business Management

Issue-2(February), Volume-2 2025

1. Social Media and Financial Market Dynamics
7

Assoc. prof. Pamir DİRİL* , Er...
Depaartment of Clinical Psychology, St Clements University Psychology
1-9
https://doi.org/10.5281/zenodo.14825920

: This research analyses the impacts of social media on financial markets, focusing on information flow, investor behaviour, manipulation risks, investment strategies, and financial literacy. Social media facilitates access to information but also carries the potential for misinformation and manipulation. The study explores how investor behaviours are influenced in terms of herd behaviour and emotional interactions, emphasising the use of social media analytics in investment strategies and its role in financial education. The findings highlight that social media presents both opportunities and challenges in financial markets. Furthermore, an empirical survey conducted with 178 participants substantiates the real-life effects of social media on financial information acquisition and investment decisions, contributing to a deeper understanding of these dynamics.

2. Impact of Financial Inclusion on Household Consumption Expenditure in...
7

Endurance Keyamo (PhD)*
Department of Aviation Business, African Aviation and Aerospace University, Abuja
10-18
https://doi.org/10.5281/zenodo.14842112

This study examined the effect of four financial inclusion variables namely Commercial Bank Lending Rate (CBLR), Commercial Bank Advances and Loans (CBAL), Microfinance Bank Advances and Loans (MBAL), the Number of Commercial Bank Branches (NCBB) in Nigeria on Household Consumption expenditure in Nigeria. The estimation technique deployed is the Autoregressive Distributed Lag (ARDL) technique and its Bounds Test for the determination of a long run relationship between the variables. Specifically, the Bounds Test revealed the existence of a long run relationship between the financial inclusion variables and household consumption expenditure in Nigeria. The results further showed that in the long-run, a unit change in MBAL will instigate a significant change in household consumption expenditure by 0.002036 while a unit change in NCBB will cause a significant change in household consumption expenditure by 0.145708. In the short-run, a one unit change in CBAL and NCBB will result in a significant change of 0.000125 and 0.025867 respectively in household consumption expenditure. The R-squared of 89% showed that the independent variables have high influence on the dependent variable. Likewise, on the basis of the F-statistic of 0.0000 in the model, the study concluded that the financial inclusion variables have significant impact on household consumption expenditure in Nigeria. Among other things, the study recommended that government and monetary authorities should ensure microfinance banks advances and loans get to the hands of those intended as this will encourage more to enter formal banking so that they can benefit from such loans. Also efforts should be made by both government and commercial banks to increase the quantity of loans through innovative means and also increase the presence of the commercial banks in remote areas as this will go a long way in attracting people into the banking system.

3. Translation Strategies of Business Textbooks Based on Boundary Awarene...
16

Biyu Wu, Feng Mao* , Na Li
Associate Professor of Shanghai University of International Business and Economics, Shanghai, China
19-30
https://doi.org/10.5281/zenodo.14843054

Business textbooks play an important role in business knowledge learning, so the translation of business textbooks is very significant. A distinctive feature of business textbooks is the abundance of illustrations. This study takes the translation of illustration texts in business textbooks as a representative to explore the translation techniques of business textbooks. Previous studies have shown that free translation is usually used to translate illustrations, which is mainly achieved by addition and deletion. Although these studies have listed the content that should be added and deleted, they have not clearly stated why addition and deletion are used when translating illustrated texts. Therefore, they do not have a unified standard to guide the translation techniques of business textbooks, and they are unable to clearly indicate how to use addition and deletion and what are the reasons for addition and deletion when translating business textbooks. Based on the boundary awareness theory, this paper discusses the English-Chinese translation techniques of illustrations in Understanding Business and its two Chinese versions(10th edition and 12th edition). There are two basic English-Chinese differences in the boundary awareness theory: 1. Chinese and Chinese speakers’ boundary awareness is weaker than English and English speakers; 2. English and English speakers are more prospective and have a stronger prospective awareness, while Chinese and Chinese speakers are more retrospective and have a stronger retrospective awareness. According to this theory, we can find that the translation techniques of addition and deletion are: adding the translation of words with resultant meanings, such as nouns, verbs, and adjectives, and deleting the translation of words that have the function of dividing sentence structure, such as prepositions, relational adverbs, and relational pronouns. The reason for using both translation techniques is to weaken the strong boundaries of the English language to match the weak boundaries characteristic of the Chinese language.

4. POULTRY FARMING POLICY AND POVERTY REDUCTION: AN ASSESSMENT OF THE DAK...
7

Anietie Jonah UDOH*
BSc (Hons), MSc, University of UYO
31-45
https://doi.org/10.5281/zenodo.14880763

Despite the abundant human and natural resources for development, Africa as a whole and Nigeria in particular is still confronted with poverty, which remains the preeminent contender for development attention. The Sustainable Development Goals (SDGs) number one calls for the end of poverty in all forms by 2030, and this is a major development objective in Akwa Ibom State as the government distributed 50 day old chicks with 6 bags of feeds and 6.2m Naira to 700 farmers across the 31 Local Government Areas in the state. Three (3) objectives and three (3) research questions were raised. On the primary source of data collection, 86 poultry farmers were randomly selected from the three (3) selected Local Government Areas within Akwa Ibom State, and administered copies of questionnaires to respondents in the study, 72 copies of questionnaire were properly filled and returned. The questionnaires were structured and required the respondents to express their opinion using Likert scale variant to assess poultry farming policy and poverty reduction under the Dakkada Programme in Akwa Ibom State for the period 2015 to 2023. The study found that improving sustainable livelihood opportunities for small holder poultry farmers is the most effective way to lift rural people out of poverty. It also showed that poultry farming policy under the Dakkada programme contributed immensely to improve the living standard of the citizens of Akwa Ibom State as well as reducing the level of poverty. The study also recommended that efforts to support and sustain poultry farming in Akwa Ibom State should become paramount and not to divert fund meant for it to other things outside the policy, given the importance of poultry farming in meeting the nutritional needs of the population and also safeguarding against potential food shortages in the state.

5. THE POLITICS OF URBAN REDEVELOPMENT IN NIGERIA: POWER DYNAMICS AND STA...
9

Tyodzer Patrick PILLAH, Ph.D*...
Department of Public Administration, Faculty of Management Sciences, Veritas University Abuja
46-53
https://doi.org/10.5281/zenodo.14909713

Urban gentrification, characterized by the influx of higher-income residents into lower-income areas and subsequent displacement of existing residents, has significantly impacted Abuja's neighbourhoods. Driven by substantial investments in infrastructure and real estate development, these changes have enhanced economic vitality but raised critical concerns about social equity and inclusiveness. Abuja's urban setting is marked by stark contrasts between formal and informal settlements, contributing to significant socioeconomic disparities. Informal settlements, rapidly growing on government-owned or abandoned land, face challenges such as lack of basic infrastructure and social exclusion. This study examines the politics of urban redevelopment in Abuja, focusing on power dynamics and stakeholder influence in gentrifying neighborhoods. Employing a qualitative research design, the study draws on secondary sources and the researcher’s regional experience. The analysis highlights the diverse stakeholder interests, funding constraints, communication barriers, and regulatory issues that complicate urban redevelopment. Effective stakeholder management, including transparent communication, inclusive participation, efficient resource allocation, and streamlined regulatory processes, is essential for sustainable urban development. Recommendations include establishing a Multi-Stakeholder Urban Redevelopment Council, implementing a transparent funding and monitoring mechanism, and enhancing public participation through digital platforms. These measures aim to ensure that Abuja’s urban redevelopment projects are transparent, inclusive, and accountable, ultimately fostering a vibrant and equitable urban environment.

6. Optimizing, monitoring and Evaluation Practices in Urban Development P...
13

MARTINA OLUCHUKWU, MBA, PILLAH...
Department of Public Administration, Faculty of Management Sciences, Veritas University Abuja
54-60
https://doi.org/10.5281/zenodo.14909733

Monitoring and Evaluation (M&E) is a pivotal phase in the lifecycle of any project, determining its successful completion. The outcomes of M&E reports often reveal the effectiveness of project implementation. This research focuses on enhancing M&E practices in urban development projects, specifically in Abuja, Nigeria's capital. The importance of M&E in national development and project performance is significant. The study, titled "Optimizing Monitoring and Evaluation Practices in Urban Development Projects: A Case Study of Abuja, Nigeria," aims to scrutinize and improve M&E methods in Abuja's urban projects. Utilizing Contingency, Program, and Results-Based Management (RBM) theoretical frameworks, the research highlights M&E as a vital tool for ensuring projects are completed on time by the Federal Capital Development Authority (FCDA). The study concludes with recommendations to institutionalize M&E in the FCDA and other public sectors in Nigeria, provide proper training for government officials on M&E metrics, and emphasize the necessity for professional staff knowledgeable in M&E to enhance project performance.

7. How Risk Tolerance Moderates the Mediating Effect of Investor Risk Per...
6

Hind Dheyaa Abdulrasool*
College of Administration and Economics .University of AL Qadisiyah, Al Diwaniyah, Iraq
61-81
https://doi.org/10.5281/zenodo.14921034

This study examined how risk tolerance moderates the mediating effect of investor risk perception on the relationship between perceived asset value and real estate investment decisions in Iraq. Survey data were collected from 205 investors across seven priority governorates. Results indicated that perceived asset value positively influences real estate investment decisions, both directly (β = 0.250, t = 3.410, p = 0.001) and indirectly through risk perception (β = 0.126, t = 3.171, p = 0.002). However, risk tolerance did not moderate the direct relationship between perceived asset value and investment decisions (β = 0.149, t = 1.449, p = 0.148). Interestingly, risk tolerance negatively moderated the relationship between risk perception and investment decisions (β = -0.356, t = 3.264, p = 0.001), suggesting that the negative effect of risk perception diminishes as risk tolerance increases. These findings suggest that while risk tolerance does not directly influence the effect of perceived asset value on investment decisions, it plays a crucial role in how investors’ risk perception affects their investment choices. Investors’ risk tolerance shapes how their risk perceptions translate into actual investment choices, even when asset values are favourable. Policymakers and practitioners should consider these behavioural factors when promoting real estate investment in Iraq.





Submit Manuscript