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Article
Publication date: 1 June 2010

Mohammad Zakir Hossain and Khalid Said Al‐Amri

The main purpose of this paper is to select the most suitable production model for measuring the production process of some major manufacturing industries in Oman.

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Abstract

Purpose

The main purpose of this paper is to select the most suitable production model for measuring the production process of some major manufacturing industries in Oman.

Design/methodology/approach

This empirical paper looks into an analytical justification to use Cobb‐Douglas (C‐D) production model in order to estimate and test the coefficients of the production inputs for each of the selected manufacturing industries using annual industrial statistical data over the period 1994 through 2007 published by Ministry of Commerce and Industry, Sultanate of Oman.

Findings

The results of the paper indicate that for most of the selected industries the C‐D function fits the data very well in terms of labor and capital elasticity, return to scale measurements, standard errors, economy of the industries, high value of R2 and reasonably good Durbin‐Watson statistics. The estimated results suggest that the manufacturing industries of Oman generally seem to indicate the case of increasing return to scale. Of the nine industries, seven exhibit increasing return to scale and only the rest two show decreasing return to scale. The paper finds no industry with constant return to scale.

Research limitations/implications

The paper could not consider a good number of manufacturing industries and a long period of time series data in the study because of lack of data availability.

Practical implications

Recently, businessmen as well as industrialists are very much concerned about the theory of firm in order to make correct decisions regarding what items, how much and how to produce them. All these decisions are directly related with the cost considerations and market situations where the firm is to be operated. In this regard, this paper should be helpful in suggesting the most suitable functional form of production process for the major manufacturing industries of developing countries like Oman.

Originality/value

The paper shows originality in substance and makes a unique contribution to the literature on industrial economics in Oman.

Details

Education, Business and Society: Contemporary Middle Eastern Issues, vol. 3 no. 2
Type: Research Article
ISSN: 1753-7983

Keywords

Article
Publication date: 30 October 2009

Mohammad Zakir Hossain

The purpose of this paper is to present an analytical justification from statistical view point about why Islam has strictly forbidden interest for the humankind.

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Abstract

Purpose

The purpose of this paper is to present an analytical justification from statistical view point about why Islam has strictly forbidden interest for the humankind.

Design/methodology/approach

It is a theoretical paper that looks into analytical views of justification in order to investigate the motivation of prohibiting interest.

Findings

The results of the paper suggest that interest has a great negative impact on the society, economy and morality of human beings. Analysis found some solid reasons which proved that interest has been really an evil system for the humankind and society as a whole for all times in the history of civilizations. On the other hand, from the statistical information given in the paper it was found that interest‐free financial institutions have been very successful in terms of their deposit, investment, foreign exchange business, financial stability and popularity as compared to the interest based financial institutions.

Research limitations/implications

The impact of interest‐free financial institutions in development financing and in establishing sustainability of a welfare community remains a potential problem due to our shortage and/or lack of proper knowledge.

Practical implications

It is, therefore, very important to be aware of the exact stance of Islam on interest first. Then more extensive networking and complementary relations are needed among the financial and socio‐economic development goals in accordance with the tenets of the Islamic Shariah.

Originality/value

The paper shows its originality in substance and makes a unique contribution to the literature on systems and ethics.

Details

Humanomics, vol. 25 no. 4
Type: Research Article
ISSN: 0828-8666

Keywords

Content available
Article
Publication date: 1 June 2010

Matthew Clarke and James Pounder

276

Abstract

Details

Education, Business and Society: Contemporary Middle Eastern Issues, vol. 3 no. 2
Type: Research Article
ISSN: 1753-7983

Article
Publication date: 5 May 2021

Mohammad Raihanul Hasan, Shiming Deng, Neegar Sultana and Muhammed Zakir Hossain

Blockchain technology, a key feature of the fourth industrial revolution, is receiving widespread attention and exploration around the world. Taking the coronavirus…

Abstract

Purpose

Blockchain technology, a key feature of the fourth industrial revolution, is receiving widespread attention and exploration around the world. Taking the coronavirus pandemic as an example, the purpose of this study to examine the application of blockchain technology from the perspective of epidemic prevention and control.

Design/methodology/approach

Exploring multiple case studies in the Chinese context at various stages of deployment, this study documents a framework about how some of the major challenges associated with COVID-19 can be alleviated by leveraging blockchain technology.

Findings

The case studies and framework presented herein show that utilization of blockchain acts as an enabler to facilitate the containment of several COVID-19 challenges. These challenges include the following: complications associated with medical data sharing; breaches of patients' data privacy; absence of real-time monitoring tools; counterfeit medical products and non-credible suppliers; fallacious insurance claims; overly long insurance claim processes; misappropriations of funds; and misinformation, rumors and fake news.

Originality/value

Blockchain is ushering in a new era of innovation that will lay the foundation for a new paradigm in health care. As there are currently insufficient studies pertaining to real-life case studies of blockchain and COVID-19 interaction, this study adds to the literature on the role of blockchain technology in epidemic control and prevention.

Details

Library Hi Tech, vol. 39 no. 3
Type: Research Article
ISSN: 0737-8831

Keywords

Article
Publication date: 23 March 2020

Mohammad Raihanul Hasan, Deng Shiming, Mollah Aminul Islam and Muhammed Zakir Hossain

The purpose of this study is to evaluate the effect of blockchain technology on firms’ operational efficiency in the context of China.

Abstract

Purpose

The purpose of this study is to evaluate the effect of blockchain technology on firms’ operational efficiency in the context of China.

Design/methodology/approach

The authors use panel data for blockchain-based companies listed on stock exchanges in China (Shanghai, Shenzhen and Hong Kong) between 2014 and 2018. The operational efficiency of firms that deploy blockchain technology is evaluated using ordinary least squares and system generalized method of moments estimation.

Findings

Results suggest that companies’ current year performance exceeds the previous year performance because of blockchain deployment in firms’ operations. Firms with higher financial leverage and return on assets reap more benefits from blockchain. Larger and older firms benefit less from blockchain implementation. Stochastic frontier estimation suggests that, on average, firms attain a 57.76 per cent technical efficiency level, or, put differently, they operate 42.24 per cent below their maximum level of potential output.

Originality/value

Blockchain can benefit firms in terms of consensus, security and trust, spurring the evolution of a new form of organizational dynamics. This study explores the theory of transactional cost analysis under blockchain technology. In addition, this study hypothesizes and empirically demonstrates the significant impacts of blockchain technology on corporations’ operational efficiency, using audited, externally reported financial data. Industry professionals can reap benefits from this research by noticing the magnitude of changes in firms’ financial parameters attributable to blockchain adoption.

Details

Review of International Business and Strategy, vol. 30 no. 2
Type: Research Article
ISSN: 2059-6014

Keywords

Article
Publication date: 1 February 2005

Zakir Hossain, M. Ishaq Bhatti and Mohammad Ziaul Hoque

The focus of this paper is to develop an econometric model that measures the changes in GDP for the OIC states.

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Abstract

Purpose

The focus of this paper is to develop an econometric model that measures the changes in GDP for the OIC states.

Design/methodology/approach

This paper focuses on the development of an econometric model which measures the changes of gross domestic product (GDP) for the members of Organization of Islamic Conference (OIC) countries. In particular, we analyze the growth of GDP in the OIC countries and their implications for expanded marketing opportunities for goods and services. We also discuss some challenges the marketers may face in future if the formation of OIC countries block become an economic identity and set up some sort of confederation.

Findings

The problem of multi‐collinearity needs to be solved if the model is not going to change.

Originality/value

The recommended solution is to acquire more data on the countries that were absent from the original sample. This may be hard to obtain due to some countries not having a process for collecting accurate statistics.

Details

Managerial Auditing Journal, vol. 20 no. 2
Type: Research Article
ISSN: 0268-6902

Keywords

Content available
Article
Publication date: 1 May 2003

366

Abstract

Details

Disaster Prevention and Management: An International Journal, vol. 12 no. 2
Type: Research Article
ISSN: 0965-3562

Article
Publication date: 10 January 2020

Mohammad Zahedul Alam, Wang Hu, Md Rakibul Hoque and Md Abdul Kaium

The purpose of this paper was to explore the comparative influential factors affecting the behavioral intention and actual usage of mHealth services in two distinct…

Abstract

Purpose

The purpose of this paper was to explore the comparative influential factors affecting the behavioral intention and actual usage of mHealth services in two distinct national environments, i.e. China and Bangladesh, in relation to the international expansion of mHealth services.

Design/methodology/approach

In this study, widely accepted Unified Theory of Acceptance and Use of Technology (UTAUT) with two additional variables, i.e. Perceived Reliability and Price Value have been selected as a theoretical framework. Primary data were collected from existing mHealth users among generation Y in both China and Bangladesh. A total of 296 and 250 questionnaires were deemed as usable for data analysis for Bangladesh and China, respectively.

Findings

Performance expectancy and social influence had significant impact on the adoption intention of mHealth services for both countries. Effort expectancy and price value were insignificant factors for Bangladesh, whereas facilitating condition and perceived reliability were insignificant for China.

Practical implications

The insights from this study could benefit mHealth services providers and those policymakers who seek to enter the Chinese and the Bangladeshi healthcare market. The dimensions identified in the study are based on a full assessment of mHealth usages experiences. Global service providers can use the dimensions identified by the paper to better assess their service performance on an international level.

Originality/value

The paper is unique in that it is one of the first cross-country examinations of influential factors affecting the adoption of mHealth services in two different countries. This study confirms the applicability of extended UTAUT model in the context of mHealth services among the generation Y in developing countries such as China and Bangladesh.

Details

International Journal of Pharmaceutical and Healthcare Marketing, vol. 14 no. 1
Type: Research Article
ISSN: 1750-6123

Keywords

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