https://weijournals.com/index.php/jweibe/issue/feed Journal of WEI Business and Economics 2024-10-05T08:40:02-06:00 Journal of WEI Business and Economics journals@westeastinstitute.com Open Journal Systems <p><a title="Journal of WEI Business and EConomics" href="https://portal.issn.org/resource/ISSN/2166-7918">ISSN 2166-7918 (Online) USA</a>,&nbsp;<a title="Journal of WEI Business and ECONOMICS" href="https://portal.issn.org/resource/ISSN/2689-761X#">ISSN 2689-761X (Print) USA</a>&nbsp;</p> <p><strong>The Journal of WEI Business and Economics (JWEIBE)</strong> is a double-blind peer-reviewed academic journal and welcomes empirical and theoretical, articles in all areas of business and economics fields. Both theoretical and applied manuscripts will be considered for publication. The main purpose of the JWEIBE is to provide an intellectual platform for scholars, a platform in which research in alternative paradigms for business and economic enquiry could be presented and debated. The JWEIBE is an open-access journal that is essential reading for academic researchers and business professionals.&nbsp; Journal of WEI Business and Economics is Open Access - available free of charge to view, print, link and download. Articles may include but are not limited to the fields of economics, business, accounting, finance, management, marketing, human resources, and related fields.&nbsp;&nbsp;</p> <p>The Journal of WEI Business and Economics (JWEIBE) welcomes articles in all areas of business and economics research. You are also welcome to submit your "book reviews" and "research notes" for&nbsp;the JWEIBE.</p> https://weijournals.com/index.php/jweibe/article/view/18 The Impact of Basel III Capital Regulation on Profitability: A Hybrid Model 2024-10-05T08:40:02-06:00 NADIM ALFOUHAILI nadim.fouhayli@gmail.com <p>This research examined the impact of Basel III capital regulation (BCR) on profitability (P) using a sample of 25 commercial banks in Lebanon over the period 2012–2017. BCR is measured using the capital adequacy ratio (CAR) and the common equity tier one ratio (CET1 ratio), P is measured using two ratios: ROAA and ROAE. To analyze the data, we constructed a hybrid model based on three statistical approaches. First, we modelled the dual impact of BCR and P using probabilistic inference in the framework of Bayesian Belief Network formalism (BBN). Second, to highlight more about the correlation between BCR and P, we used the Spearman correlation test as a nonparametric approach. Third, to study the simultaneous effect of the BCR ratio on Profitability we apply multivariate regression analysis. By analyzing the probabilistic inference for the first approach, we concluded that there is an effect from BCR on P. When we investigated more if this effect is significance using the Spearman correlation test and the multivariate regression analysis, we concluded that that the impact of BCR on P is only found between CAR and ROAA and this regression relationship is weak because only 24.3% of the changes in ROAA variance is explained by CAR.</p> 2020-05-10T00:00:00-06:00 Copyright (c) 2020 NADIM ALFOUHAILI https://weijournals.com/index.php/jweibe/article/view/35 Smart Urban Profiling And Management – New Insights For Enhancing Innovative And Sustainable City Development 2020-10-06T05:03:53-06:00 Rebecca Oberreiter r.reschreiter@gmx.at <p><em>Rapidly changing framework conditions for city development such as globalization, demographic trends, deindustrialization, technological developments or the increasing urbanization as well as the economic, social and political changes are profound and change our urban life. This leads, that the cities of tomorrow will differ essentially from today´s city principles. Therefore innovative, strategically wise and quick action becomes a criterion for success. Here, more than ever, local conditions and requirements must be taken into account as well as global framework conditions. The responsible parties have to set the course so that the “City” remains competitive and sustainable in the future. Therefore, innovation processes and sustainable strategies for dealing with the diverse and complex agendas of a city in dialogue with those who are responsible for it must be initiated and management systems established so that new things can develop continuously and systematically. </em></p> <p><em>This work illustrates how the boundaries created to manage and market future liveable and sustainable city destinations are the root of the practical and academic problems that trouble city management these days.&nbsp; </em></p> <p><em>This paper aims to develop the new integrated Smart Urban Profiling and Management model, which presents a new integrated approach for city marketing as an instrument of sustainable urban development. In this way, comprehensive research was conducted to evaluate if the holistic city marketing concept that integrates elements of smart city strategies and adaptive management is a more suitable instrument and integrative process than conventional city marketing in order to improve the sustainable urban development. Therefore, in this work, the designed “Smart Urban Profiling and Management model” for city management introduces an alternative and holistic perspective that allows transcending past boundaries and thus getting closer to the real complexities of managing city development in dynamic systems.</em></p> <p><em>The results offer the opportunity to recognize the city and consequently allow to developing successful strategies and implementation measures. This study targets to contribute to this endeavor in order to produce new impulses and incitements in the city management field and shall provide a fresh impetus for a new understanding of city marketing as the initiator of development processes, mobilization and moderator in concerning communication and participation processes. This paper is written from a perspective addressing those responsible for the city- management, city- &amp; urban marketing and development. </em></p> 2020-05-20T20:02:41-06:00 Copyright (c) 2020 Rebecca Oberreiter https://weijournals.com/index.php/jweibe/article/view/36 The Economics Game: Helping Students Prepare for the Edge 2020-10-06T05:04:40-06:00 Adam Payne adpayne@alumni.upenn.edu <p>This paper discusses a lecture on economic principles for sophomore-level female Japanese exchange students taught during the Summer 2019 semester at a small, U.S.-based private international institution of higher education.&nbsp; By deviating from the more traditional, lecture-based approach through the creation and implementation of the Economics Game, students were able to refine their conceptual understanding of basic economic concepts while learning new applications of economics through different cultural and societal lenses.&nbsp; Outcomes suggest that the Economics Game aided in increasing and deepening student understanding of economic principles, that students were able to gain transferable experience through coursework emphasizing decision-making, experiential learning, and teamwork, and that the game can benefit greatly by integrating more explanation, consideration, and management of student expectations in the future.</p> 2020-08-17T12:13:43-06:00 Copyright (c) 2020 Adam Payne https://weijournals.com/index.php/jweibe/article/view/17 University Management Strategy In The Context Of Social Responsibility 2020-11-21T18:48:45-07:00 Anna Horzela anna.horzela@gmail.com <p>Corporate Social Responsibility (CSR) is gaining more and more importance nowadays. It is connected with the activity that includes the ethical conduct of the organization towards the public, in particular its recipients, employees, other stakeholders as well as the impact on the natural environment. The universities deserve special attention in terms of socially responsible activities, which play a huge role in shaping the society, its development and are a source of information for it. The role of higher education in the context of social responsibility is special. This is due to the fact that, like any educational institution, they are responsible for educating and taking care of young people. Therefore, they bear huge responsibility for the knowledge and skills they provide their students, and thus how they will be able to cope in their lives. However, the university responsibility does not end with this. In addition to educational activities, they also conduct research activities. This means that it is in them that new discoveries are made and the further direction of societies development is shaped. The topic of the work is research in the field of university management strategy in the context of the idea of ​​social responsibility. The work includes collecting, processing and analyzing data, information and knowledge necessary to identify applicable management strategies at selected universities. The developed conclusions will contribute to building a list of recommendations of a new university management strategy taking into account the concept of social responsibility.</p> 2020-11-21T10:19:49-07:00 Copyright (c) 2020 Anna Horzela