Click here for the full text.

Authors: Fatih Cura, Uma Shankar Singh, Karwan Talaat

Abstract: The research problem observed that the most important need is to understand the different types of tourism available or can get established and what are the different factors called enablers are affecting different types of tourism. The study conducted is exploratory in nature and the inductive approach of research has been taken to frame a new concept with the sample size taken of 160. The geographic scope of this study is set in the Kurdistan region of Iraq with measuring the six enablers of tourism sector namely geographic, public infrastructure, social infrastructure, political stability, competitive environment and security with five types of tourism are health tourism, business tourism, education tourism, religion tourism, sports tourism. For the presentation of concept a conceptual model framed and further reframed based on the outcome of factor analysis. The Frequency, Percentage, Confirmatory Factor Analysis and Regression Analysis are conducted for statistical testing and data analysis. Research objectives formulated are to know how different types of tourism and tourism enablers are affecting the tourism sector, to measure the efficiency of different types of tourism and the status of tourism enablers, to measure the relationship and effectiveness of tourism enablers on tourism sector. The strength of relationship adjusted R2 is 0.615 shows that there is a strong positive relationship in between independent variable (Tourism Enablers) on dependent variable (Types of Tourism). The value of beta is 0.786 can get interpreted as the independent variable (Tourism Enablers) has 0.786 or 78% effect on dependent variable (Types of Tourism). In the future the health and education tourism can also get established, condition to developing all dimensions of tourism enablers.

Keywords: Tourism Enabler, health tourism, business tourism, education tourism, religion
tourism, sports tourism

DOI: 10.18421/TRZ21.01-01

Article info: 1-18

Received: October 2016 | Accepted: March 2017

Click here for the full text.

Authors: Nenavath Sreenu

Abstract:The present research paper main objective is that the study of Measurement of the Financial Risk and Mispricing of Volatility in the present scenario in the Indian equity. Money and debt market while the traditional theory explored in the present situation that high returns of money are associated with high risks, The market appears to be underestimating the probability of market movements in either direction, and thereby underpricing volatility severely in the research paper shows in that under certain conditions, a portfolio with low volatility stocks can yield higher returns than a high-volatility portfolio. Market operation is unacceptable in any financial market even if this influence is performed by the state itself. Moreover market operation to reduce interest rates would reintroduce financial repression through the back door and would reverse the principal success of the financial sector reforms. The main agenda of this research paper is the relatively new phenomenon of ‘Risk-based anomaly. The present study mainly using a low-volatility portfolio strategy over a 6- year period (from 2010 to 2016) with rolling monthly iterations in the Indian money market, The present Research Paper main proposes a substitute design for the government securities market and also a new monitoring construction. Integrated markets, unbiased access to all modules of investors, intense competition and investor safety are the key elements of the anticipated design. The research study has focused on financial market volatility mispricing and measurement of the financial risk in Indian money market have wide scale repercussion on the economy as a whole. Hence there is a necessity to understand time path and nature of volatility of stock returns. In this study, an attempt has been made to analyze the behavior of volatility in the Bombay Stock Exchange Index shares and other share capital market in India. The nature of volatility persistence, its possible relationship with foreign institutional investment and the flow of unexpected news have been examined in this study.

Keywords: Volatility, Financial Risk, Money Market, portfolio and share capital

DOI: 10.18421/TRZ21.01-02

Article info: 19-33

Received: Januar 2017 | Accepted: March 2017

Click here for the full text.

Authors: Ozgur Devrim Yilmaz, Guluzar Kurt Gumus, Banu Esra Aslanertik

Abstract:While corporate governance is an important mechanism for the success of any firm, the issue has attracted little interest in tourism sector. Therefore the main aim of this study is to highlight
the corporate governance mechanisms of hospitality companies on Borsa Istanbul, so as to provide initial empirical evidence on corporate governance. The findings revealed that although the annual reports must give detailed information about corporate governance indicators, such as board of directors, top management and corporate governance rules compliance report, annual reports of analyzed companies do not satisfy those criteria and voluntary disclosure level is low. On the other hand, Public Disclosure Platform is the best resource for corporate governance and other information related to those companies. General corporate governance structure of the listed hospitality companies is comprehensible, but still they should spend much more effort in order to improve corporate governance mechanisms. The originality of the study lies in the fact that it considers a subject that is frequently neglected by tourism researchers in Turkey. Noteworthy contribution of this study is to offer a policy to hospitality companies to improve their corporate governance mechanisms.

Keywords: hospitality industry, corporate governance, stock market, voluntary disclosure,
Borsa Istanbul.

DOI: 10.18421/TRZ21.01-03

Article info: 34-44

Received: March 2017 | Accepted: April 2017

Click here for the full text.

Authors: Nwokorie Edwin Chigozie

Abstract:Three first class establishments in Lagos Nigeria were investigated with a study population of 122 from which a sample size of 110 was drawn to model the impact of organizational conflict on employee job performance in the hotel industry. A 61 point questionnaire was prepared, using a four-point Likert rating scale for data collection. Data was analyzed using inferential statistics and hypotheses were tested in Chi-square statistics. Results showed that unclear responsibilities, poor reward system, and lack of group cohesiveness, are responsible for organizational conflicts; with the consequential impact on employee job commitment, service quality, customer satisfaction and organizational performance, whereas outcomes generate influence on employee job satisfaction and job performance, thus creating turnover intentions and further generating organizational conflict. The research suggests a strengthened supportive mechanism from the human resource department and forestalling distrust among working groups, which will reduce the impact of work stressors on psychological states.

Keywords: customer satisfaction, employee performance, employee turnover, hotel industry,
organizational conflict.

DOI: 10.18421/TRZ21.01-04

Article info: 45-64

Received: February 2017 | Accepted: April 2017