The Nepalese Management Review

Satisfaction of Management Students towards online Classes during Covid-19 Pandemic in T.U.

Achyut Gyawali — 2024-04-12

This study examines the satisfaction level of Management students towards online classes during covid-19 pandemic in T.U. The effect of Covid-19 on educational institutions has interrupted the traditional method of teaching and learning which ultimately created the demand of online classes. This study aims to find out the perception and satisfaction of MBS Program students who have attended their classes through online mode during the Covid-19 pandemic. To achieve the research objective, the data were collected from the primary source mainly through structure questionnaire under convenience sampling basis from 384 respondents of MBS students of Kathmandu valley who has attended the online classes. Pearson correlation and multiple regression analysis has been used to determine the relationship and impact of the dimension of online classes and the satisfaction level of students. The study revealed that technology plays an important role for the effectiveness of online classes which supports for the enhancement of the satisfaction level of students towards online classes. The study showed that due to the frequently power cut off and unstable internet network problems faced by the students during their online classes. The internet facility available for teaching and learning activities is not so good so that the level of satisfaction of the students towards online classes is decreased. The study also revealed that the instructors and learners both should be updated with the latest and modern technology for the effectiveness of the online classes.

Comparative Analysis of Financial Statement in Selected Banks: A Case Study in the Context of Nepal

Rohit Kumar Shrestha — 2024-04-12

The main objective of the study is to assess and compare the financial statement analysis of Machhapuchchhre Bank Limited (MBL) and Kumari Bank Limited (KBL). This research used a quantitative research technique. Secondary data were adopted over the latest 7 years from 2072/73 BC to 2078/79 BC. As of today, there are 20 commercial banks, among them MBL and KBL were taken as sample units applying the purposive sampling method. Ratio analysis, Mean (X̄) Standard Deviation (SD), and coefficient of variation (CV) were applied for the analysis of data. Both the banks have the current assets more than two times or 200% of the current liabilities. It is found that both banks can repay their short-term obligation. The standard measure of quick ratios was not met by both banks. It is found that both banks have no capacity to pay current obligations immediately. The average Return on Asset (ROA) of the selected banks appeared to be lower ratios. It can be found that the available assets are not managed efficiently. The financial statement analysis in terms of Return on Equity (ROE) of the sample banks was found efficient. It is found that management is efficient in maximization of shareholder’s equity. It is concluded that sample banks have a strong liquidity position in terms of the current ratio, but a poor position in terms of quick ratio. ROAs of the banks appeared to be unsatisfactory whereas ROEs remained to be reasonable.

Nexus between Inflation, Economic Growth and Government Expenditure of Nepal

Gyan Mani Adhikari — 2024-04-12

In the context of Nepal, this study will explore the relationship between the rate of inflation, economic growth, and government spending. Government spending has been broken down in this analysis into three categories: government recurrent expenditure, government capital expenditure, and government financing expenditure. The time series data from 1974 to 2021 are used in the investigation. The econometrics tools used to analyze this link are the Granger-causality test, ARDL, Johansen co-integration, and the Augmented Dickey- Fuller (ADF) unit root test. The outcomes of using these econometric techniques reveal a long-term relationship between the rate of inflation, economic growth, and government spending, which indicates that public spending has beneficial externalities and links. In the short run, government spending has a greater impact on economic growth than the rate of inflation. The results of the causality test indicate that there is a one-way causal relationship between the rate of inflation and both economic growth and government spending.

Human Resource Development and Employee Commitment in Nepalese Commercial Banks

Shreekrishna Kharel — 2024-04-12

The level of employee commitment is a significant issue for many firms throughout the world. As a result, many firms are using a variety of human resource development techniques to increase employee commitment. Employee dissatisfaction has been voiced in the field of compensation, which is characterized by unequal rewards, inadequate compensation and lack of job security. The purpose of this research is to focus on analyzing the relationship between HRD dimensions and employees' commitment working across various commercial banks in Nepal. The study's independent variables were Training, Compensation, Job Security, and Reward. The dependent variable was employee commitment. The descriptive research design was used. The population of the study was 46408 employees and a simple random sample technique was used to choose 396 employees from 11 commercial banks under probability sampling method. Data were collected using a standardized questionnaire on Likert Scale with 1 specifying a strongly disagreement and 5 a strongly agreement. Descriptive statistics, correlation, and regression analysis were used to analyze the data. Cronbach's Alpha had been used to test for reliability. Reliability is acceptable with a Chronbach's Alpha rating of 0.76 on an average. IBM, SPSS version 26 was used to analyze the data. The study concluded that employees' Training, Compensation and Job Security had a favorable and significant relationship with employee commitment, Reward had a negative but significant impact on Employee Commitment. The study recommended that the policy makers and BOD of Nepalese Commercial banks should design an effective welfare policy to enhance commitment of employees.

Factors Determining Employee Retention of Development Banks in Nepal

Prakash Bahadur Chand — 2024-04-12

This study focuses on employee retention in development banks of Nepal, addressing the challenge posed by increased talent mobility due to globalization. It aims to identify factors influencing retention and understand employees' perceptions of retention practices. The study explores the relationship between leadership approach, salary, learning opportunities, employee satisfaction, and retention. Retaining key employees is crucial for organizational stability and growth, especially in development banks, which play a vital role in Nepal's economic development.

The research includes 388 permanent employees, primarily aged 20-29, with a higher male representation. Data is collected through questionnaires and interviews. The analysis involves descriptive and inferential statistical tools, revealing that leadership, salary, learning opportunities, and employee satisfaction positively impact retention. However, the study's limited scope and Nepal-specific context might limit the findings' applicability globally. Moreover, the sample size and data collection methods could influence generalizability.

Thus, this research sheds light on employee retention factors in Nepalese development banks, guiding the formulation of effective retention policies.

The Influence of Financial Literacy on Individual Savings: A Study of University Staff

Srijana Khadka — 2024-04-12

The intricate relationship between financial literacy and individual savings behavior has garnered considerable attention in personal finance. The study’s objective was to explore the effect of financial literacy, risk tolerance, education level, and work experience on the personal savings of university staff and their degree of relationship. Through a comprehensive survey (N=210), the collected data was subjected to correlational analysis, revealing significant positive correlations between financial literacy and personal savings (r = 0.623, p < 0.01). Further, a regression analysis was conducted, highlighting the predictive role of financial literacy (β = 0.585, p < 0.001), education level (β = 0.126, p < 0.05), and work experience (β = 0.124, p < 0.01) in determining personal savings behavior. These findings underscore the pivotal role of financial literacy in shaping prudent financial decisions and emphasize the potential for tailored educational interventions for enhanced financial well-being.

The influence of culture on the entrepreneurial behavior of women: A Review Paper

Dinesh Mani Ghimire — 2024-04-12

The rise of female entrepreneurs is a significant development, as they play a crucial role in driving economic growth. This is especially important in developing countries like Nepal, where it can also help to reduce unemployment. However, many women entrepreneurs need help with their cultural environment when starting or managing their businesses. This paper explores the multifaceted impact of culture on the entrepreneurial behavior of women. Entrepreneurship is a dynamic and complex phenomenon influenced by various factors, and cultural context plays a crucial role in shaping an individual’s attitudes, motivations, and decisions. The study focuses specifically on how cultural dimensions such as societal norms, gender roles, and cultural values interact to shape women’s entrepreneurial behavior. The research methodology involves a comprehensive review of the existing 50 articles on women's entrepreneurship and their sociocultural intervention on the behavior of women entrepreneurs. The findings reveal that cultural factors significantly influence women’s entrepreneurial intentions, risk perceptions, and business strategies. Societal expectations and gender norms can either facilitate or hinder women’s entry into entrepreneurship, affecting their confidence, risk-taking propensity, and access to resources. Moreover, cultural values such as collectivism or individualism impact networking patterns, collaboration tendencies, and leadership styles among women entrepreneurs.

Exploring the effects of E-Banking Products and Services on Conventional Banking Transactions in Nepalese Commercial Banks

Shankar Nath Adhikari — 2024-04-12

This research investigates the growing scenery of E-Banking Products and Services within Nepalese Commercial Banks and their impact on conventional banking transactions. In the context of global financial sector transformations driven by technology, this study seeks to provide insights into the specific implications for Nepal's banking industry.

To achieve this, the research employs a comprehensive framework, analyzing the range of E-Banking Products and Services currently offered by Nepalese Commercial Banks. It describes e-banking as the ATM banking, Internet banking and Mobile banking and their impacts on conventional banking transactions within Nepalese Commercial Banks. A mixed-methods approach is applied for this research to understand how E-Banking products and services affect conventional banking transactions in Nepalese Commercial Banks.

Ultimately, the objective of the research is to offer valuable insights into the complex interplay between E-Banking and conventional banking transactions in Nepalese Commercial Banks. By enhancing our understanding of this dynamic background, the study intends to provide practical recommendations and strategies for banks to influence the benefits of E-Banking while mitigating potential drawbacks. This research contributes to the broader discussion on e-banking technology adoption and its implications in emerging economies and banking practices.

Work-life Balance of Nepalese Commercial Banking Employees in Pokhara

Gokul Dhungana — 2024-04-12

Work-life Balance is the balance between family life and job life of an individual. The work-life balance is an individual. The work-life balance is an important dimension which can support to increase job satisfaction. The purpose of this study was to examine the work-life balance among commercial banking employees in Pokhara. Non-managerial level commercial banking employees were the respondents of the study. Convenience sampling technique was used to determine the number of respondents. Data were collected from 209 (102 male and 107 female) respondents through self structured questionnaires. This study was conducted to fulfill the gap and to cover a broad area of WLB. Work Family conflict (WFC) and Family work Conflict FWC were studied to know WLB. Statistical tools, mean, standard deviation, Independent sample t-test, one-way ANOVA. The findings of the study indicated that both WFC and FWC of WLB dimension influence on the work-life balance of commercial banking employees. The commercial banking employees Human resource management team should maintain work-life balance among employees for better and sustainable performance. The future researchers need to research study with covering work life balance on other nature banking institution employees and if commercial banking employees then on managerial employees.

Effectiveness of Value Added Tax (VAT) analysis in Nepal

Binod Sah — 2024-04-12

This research aims to assess the evasion of the Value added tax in Nepal. The specific objectives are: evaluating the VAT evasion on the Nepalese economy; the study follows explanatory research designs. The primary data is collected by conducting field survey using pre-structured questionnaires. Altogether 400 respondents from the four categories are interviewed: 100 from VAT payers, 100 from VAT administration, 100 from VAT experts and 100 from business community all over the country, respondents were requested to indicate their degree of conformity with specified statements using 5-point scale.

The results of the regression model shows that the expected sign of the variable included in the model as per priory expectation. VAT rate complication and complex legal provisions are negatively related, while administrative efficiency and incentive for VAT collection are positively related with VAT collection efficiency. The computed F-statistic is also higher than table value at 95% level of significance. The coefficient of VRC is 0.08932, meaning that the change in 1% on VAT rate will decreases in VAT effectiveness by 0.089 percent point. The regression model shows that the t-statistic 1.135 and p-value 0.2569>0.05 not significant at 5%. Therefore, the null hypothesis is accepted, indicating that VAT rate has no significant impact on VAT effectiveness.

Determinants of inflation and impact of selected Macro variable on Inflation in Nepal

Bhumi Raj Acharya — 2024-04-12

This paper aimed to identify the impact of selected macro variable on inflation and examining the relationship between inflation rate and selected macro variables. Generally, both fiscal and monetary policies seek at achieving relative macroeconomic stability through stable prices or low and stable inflation. In the light of this, this study empirically investigates the impact of some macro variable on inflation in Nepal with the use of econometric technique multiple regression, correlation and trend analysis using time series data from 2001 to 2018. The annual data is collected from Nepal Rastra Bank and web site of World Bank. The result revealed that money supply is positively correlated with inflation, but the result is however insignificant in the case of GDP growth rate and to determine the inflation rate in context of Nepal. The regression analysis indicates that 85.9% of inflation rate is determined by exchange rate, money supply, GDP, per capita income and inflation rate of India, rest in 14.1% inflation rate is determined by other factors. The study found that there is positive correlation between exchange rate and inflation rate, money supply and inflation, per capita income and inflation rate and Indian inflation and inflation rate of Nepal. But study also revealed that insignificant negative correlation between GDP and inflation rate of Nepal. The exchange rate, money supply and Indian inflation are significant with inflation but GDP and per capita income are insignificant with inflation over the time period under study. There is only the monetary policy is not capable to control inflation, the fiscal measure are highly effective to controlling government expenditure, personal expenditure and private & public investment. The study therefore recommends that the central bank of Nepal need to deal with monetary and fiscal policy in more transparent manner so as to address the issue of inflation in Nepal.

Editorial Vol.20(1)

Achyut Gyawali — 2024-04-12

No abstract available.