Dirassat Journal Economic Issue http://journals.lagh-univ.dz/index.php/djei <p style="box-sizing: border-box; margin: 0px 0px 1em; padding: 0px; text-align: justify;"><em style="box-sizing: inherit; color: #333333; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif; font-size: 18px; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #fcfcfc; text-decoration-style: initial; text-decoration-color: initial;"><span style="font-size: 16px;"><strong><span style="font-family: Georgia, serif;">D</span></strong><span style="font-family: Georgia, serif;">irassat <strong>J</strong>ournal <strong>E</strong>conomic<strong> I</strong>ssue (</span><span style="font-family: Georgia, serif; color: #2969b0;"><strong>DJEI</strong></span><span style="font-family: Georgia, serif;">) </span></span></em><span style="font-size: 16px;"><span style="font-family: Georgia, serif;">(ISSN: 2676-2013. E-ISSN: 2676-2080) </span></span><span style="font-size: 16px;"><span style="color: #333333; font-family: Georgia, serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #fcfcfc; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">is an open access, peer-reviewed <span style="font-family: Georgia, serif;">Bi-Annual </span>journal publishing theoretical and empirical research papers covering the major aspects of management, accounting, economics, management information systems and finance.&nbsp; </span></span><span style="color: #333333; font-family: Georgia, serif; font-size: 17px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">All articles to </span><span style="color: #2969b0; font-family: Georgia, serif; font-size: 17px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"><em>Dirassat Journal Economic Issue</em></span><span style="color: #333333; font-family: Georgia, serif; font-size: 17px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;</span><span style="color: #e25041; font-family: Georgia, serif; font-size: 17px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"><em><strong>posted online</strong></em></span> <span style="color: #e25041; font-family: Georgia, serif; font-size: 17px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"><strong><em>immediately </em></strong></span><span style="color: #333333; font-family: Georgia, serif; font-size: 17px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">as they are ready for publication.</span></p> <p style="box-sizing: border-box; margin: 0px 0px 1em; padding: 0px; text-align: justify;"><span style="font-size: 16px;"><span style="color: #333333; font-family: Georgia, serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #fcfcfc; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"><span style="color: #2969b0; font-family: Georgia, serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #fcfcfc; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"><strong><em>DJEI</em></strong> </span>is published by the <span style="font-family: Georgia, serif;">Faculty of Economics, Commercial and Management Sciences, University of Laghouat, Algeria. </span>The journal's emphasis is on theoretical developments and their implementation, empirical, applied, and policy-oriented research. The journal's purpose is to improve communications between, and within, the academic and other research communities, policymakers and operational decision makers. </span><span style="color: #2969b0; font-family: Georgia, serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #fcfcfc; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"><em><strong>DJEI</strong></em> </span><span style="color: #333333; font-family: Georgia, serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #fcfcfc; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">fills a unique niche among business publications of its type by publishing articles that strike a balance between the practical and the academic fields, recognizing the intricate relationships between many areas of business activities. </span><span style="color: #2969b0; font-family: Georgia, serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #fcfcfc; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"><strong><em>DJEI</em></strong> </span><span style="color: #333333; font-family: Georgia, serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #fcfcfc; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">is represented by a diverse and international Editorial Board comprising of individuals from reputable institutions.</span></span></p> Faculty of Economics, Commercial Sciences and Management. University of Laghouat. Algeria en-US Dirassat Journal Economic Issue 2676-2013 Green bonds as a mechanism to support financing environmentally responsible investments –an analytical study of the global trend- http://journals.lagh-univ.dz/index.php/djei/article/view/zenodo.org <p><span class="fontstyle0">The research aimed to analyze the global trend of financing environmentally responsible<br>investments through green bonds, because of the importance of financing it on achieving the<br>desired economic development taking into consideration its environmental impact this at a<br>time when there is increasing talk about the transition towards a low-carbon green economy,<br>as a result of the world’s marked environmental degradation.<br>The study reached the importance of green bonds as a financing tool that met with big success<br>as a financing tool targeting projects with environmental priority despite the total challenges<br>it faces, the most important green funded projects worldwide are renewable energy and energy<br>management, sustainable building and sustainable transportation projects.</span> </p> Sarra Azaizia Copyright (c) https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 01 17 10.5281/zenodo.3895788 The Role of Monetary Policy Mechanisms in Controlling Inflation Rates in Algeria: A Standard Study for the Period [1990-2018] http://journals.lagh-univ.dz/index.php/djei/article/view/www.zenodo.org <p>This essay aims at spotting light on the issue of monetary expression&nbsp; and what are the most important techniques used from the Algerian power of money for the sake of controlling the average of the high levels of expansion in order to save the value of coin and also the individual's worth through the projection of both ( the price of profits regarding the goods also the average of re-deduction regarding the average of expansion)&nbsp; on the tests of the models of the period between(1990-2018). Regarding that these are the tools of politics' monetary in order to confront the expansions. We choose theses elements because they have the ability to change i. e. Their effects on economic will appear in a short-term period. For instance, the increase in the prices of suggested profits will make a huge groups of people diversify their money for financing investment projects. This study find out that the independent changes affect hugely the average of expansion in Algeria in both short-term and long-term periods.</p> salaheddine dada Mohammed Karim bouihi Copyright (c) https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 19 36 10.5281/zenodo.3897541 Accounting bias and its impact on the quality of financial information http://journals.lagh-univ.dz/index.php/djei/article/view/718 <p>This study aims to highlight the accounting bias and its impact on the quality of financial information through a descriptive analytical approach, the theoretical aspect focused on a set of basic concepts of accounting bias and the quality of financial information, On the practical side, the extent of the impact of accounting bias was measured on the quality of financial information using a questionnaire. Distributed to a sample made up of accountants and all those involved in financial reporting, the study concluded a set of results, the most important of them:&nbsp; Ø&nbsp; Accounting measurement bias affects the quality Periods of inflation of financial information.Ø&nbsp; According to the results of the field study, ignoring the change in the general level of prices by the accountant is a bias that affects the quality of financial information by 50.5% Ø&nbsp; The sample members agreed that the accounting measurement bias has a greater impact than the accountant bias on the quality of financial information.</p> mourad Messaoud saadaoui Ahmed Youcef Elssaidi Copyright (c) https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 37 53 10.5281/zenodo.3897546 The impact of applying the electronic declaration system on the formal tax control (Case study of tax centers in Laghouat) http://journals.lagh-univ.dz/index.php/djei/article/view/716 <p>This study aimed to provide a theoretical framework for concepts related to electronic tax declarations, and formal tax control concepts with a focus on the most important advantages and disadvantages. The study attempted to review a set of opinions and expectations about the impact of the application of electronic tax declarations system on formal tax control, where a questionnaire was used to as a means of collecting data, and was distributed to tax executive, certified accountants and academics specialized in taxation, and after analyzing the results we concluded that by applying the electronic tax declaration system, the pros of formal tax control will be enhanced from one hand, and its disadvantages will fade away on the other hand.</p> Fella Mahtal Ahmed Bessas Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 55 72 10.5281/zenodo.3897548 The level of Perceived Organizational Justice and its Impact on the Functional Integration: Field Research at the Central Directorate for Electricity and Gas Distribution of Djelfa (Algeria) http://journals.lagh-univ.dz/index.php/djei/article/view/719 <p>The purpose of the present research paper is to measure the level of organizational justice, and the perceived impact on the functional integration at the Central Directorate for Electricity and Gas Distribution of Djelfa (Algeria). The data used in this field study came from a questionnaire survey completed by a random sample of <strong>75</strong> workers of this organization. After data collection, and analyzed using the appropriate statistical methods, both organizational justice and job integration are achieved at medium levels in the organization. There is a significant effect of the perceived level of organizational justice on functional integration in the company with a low level explained by the determination coefficient (r-square value) of <strong>0.092</strong>. For better human resources integration, the paper concludes with sets of recommendations for enhancing the levels of existing organizational justice with its various inputs (distributive, procedural, and interactive) in the Central Directorate of Concession for Electricity and Gas Distribution of Djelfa (Algeria)<strong>.</strong></p> Mohammed Said Djoual Mokhtar Rabhi Mohammed Elaguab Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 73 90 10.5281/zenodo.3897552 Evaluating human competencies and their role in improving the quality of health services - a case study at the Public Hospital of Laghouat http://journals.lagh-univ.dz/index.php/djei/article/view/729 <p>The purpose of this article is to analyze the conceptual framework for assessing human competencies, to reach the most important methods and tools, to measure the level of competencies, and to study the importance of evaluating human competencies in institutions in general and health institutions in particular, to know how much they contribute to the quality of health services provided. Methods that determine and modify the components of efficiency which are considered the main factors in the excellence and continuity. The study was based on the analytical descriptive approach. The results of the study found that coping with the challenges and changes surrounding health organizations require evaluation of human talent in order to achieve all of the cost, effectiveness, safety, justice and quality health services provided to patients and the community.</p> Abdelkader Guettaf zaki farid Abid Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0 2020-06-18 2020-06-18 11 2 91 107 10.5281/zenodo.3897556 The impact of oil price changes on the exchange rate of the Algerian dinar during the period 2000-2018 http://journals.lagh-univ.dz/index.php/djei/article/view/730 <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This research paper aims to study the effect of oil price changes on the exchange rate of the Algerian dinar for the period from 2000 to 2018, and determine whether the change that occurs in oil prices would limit the differences in the Algerian exchange rates, also can the oil price be considered among the price determinants the exchange, and how to explain the relationship between the oil price and the Algerian dinar exchange rate, in addition the difference in changes using the standard analysis tools, the study concluded that the dinar exchange rate responds to changes in oil prices in the medium and long term.</p> Fariha Merrad Mohammed Kouidri Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0 2020-06-18 2020-06-18 11 2 109 124 10.5281/zenodo.3898616 The role of administrative empowerment in the development of human competencies in economic institutions An analytical study of the opinions of a sample of individuals working in Algeria Telecom in Laghouat http://journals.lagh-univ.dz/index.php/djei/article/view/731 <p>The study aimed to identify the role of administrative empowerment in the development of human competencies in economic institutions, by conducting a field study that included a sample of individuals working in Algeria Telecom in Laghouat, the descriptive and analytical method was adopted and the questionnaire was used as a tool for collecting and distributing data to the sample. we also used the SPSS statistical program to analyze the questionnaire and the multiple linear regression method to test the study hypotheses.</p> <p>The study concluded that there is a statistically significant effect between the administrative empowerment and the development of human competencies.</p> Safia Bendouma Ilyes Laidani Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0 2020-06-18 2020-06-18 11 2 125 141 10.5281/zenodo.3898731 Intellectual Capital as a Mechanism for Improving The Quality of Educational Service In Higher Education Institutions In Algeria - A Case Study Of The University Center of Morsli Abdullah Tipaza - http://journals.lagh-univ.dz/index.php/djei/article/view/732 <p>This study aims to identify the impact of intellectual capital components (human capital, structural capital, relationship capital) on the dimensions of the quality of the educational service (quality of teaching, quality of teaching programs, quality of educational management, quality of scientific research) at the level of the University Center Morsli Abdullah Tipaza, to achieve the objectives of the study and to analyze the data collected by the study tool (questionnaire) which was distributed to an unprovable intentional sample of 31 frames, was used by the Social Science SPSS program. V25, based on a number of statistical methods, in which it was established that there is a strong and morally significant direct relationship between intellectual capital in its various dimensions and improving the quality of the educational service at the University Center of Morsli Abdullah Tipaza.</p> Abdelkrim Relid Mustapha Othmani Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 143 159 10.5281/zenodo.3898755 The ISO 9000 system theorization approach, practice process and Perspectives for success content analysis for top managers visions DML Laghouat http://journals.lagh-univ.dz/index.php/djei/article/view/733 <p><strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </strong><strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</strong>This article presents an analytical perspective with the using of theory of systems and content analysis concerning the ISO 9000 System and correlates it with aspects of employees' reactions to ISO. The central proposal of the article is that socio-cultural aspects of ISO are a basic human characteristic and it strongly depends on every individual's nature. Each organizational change with culture and more specifically with ISO 9000 induces a certain level of resistance in employee behavior, which may in turn affect its implementation, and the smooth running of things. The review shows that ISO 9000 is uncomfortable and managers need to find new ways of thinking and doing it, the ways that should lead the organization to solve its problems in the most efficient manner. The article&nbsp; derives its originality from the fact that it exceed the focus on the technical elements of change with ISO&nbsp; 9000 and it brings to the forefront the key socio-cultural&nbsp; element which is central to the successful implementation of ISO<strong>&nbsp; </strong>9000 in organizations and as a case study SONATRACH DML Laghouat. The content analysis of 10 general manager interviews shed light that Algerian organization towards organizational change with ISO 9000. It reveals the most common types of organizational change among enterprises and some significant factors that could contribute to block the change. Analyzing the nature of the successful methods used in producing new ideas or to increase individuals' creativity, the article reveals the importance of systemic approach according to build a systemic modeling for the cultural values for the workers of DML Laghouat.</p> Djamel Hamadi Ali Sadki Mohammed Gattaf Copyright (c) 2020 Dirassat Journal Economic Issue 2020-06-18 2020-06-18 11 2 161 178 10.5281/zenodo.3898767 Strategic Leadership Practices in hotels, An applied study of Algerian hotels group http://journals.lagh-univ.dz/index.php/djei/article/view/735 <p>The Current Study aimed to evaluate the Strategic Leadership Practices prevailing in Algerian hotels, where four practices of the researcher Hitt&amp; all, (2001).&nbsp; The questionnaire was used as a tool to gather the primary data from a simple random sample of 343 employees of Algerian hotels from 15 hotels in 8 states in North, South, East and West Algeria, and the interviews were used to explaining the results. The results of the study confirmed that both leadership practices associated with human capital, leadership practices associated with organizational culture, and leadership practices associated with balanced control were high, while leadership practices associated with future strategic intent were medium. Also There were statistically significant differences in strategic leadership practices due to gender and age. The explanations and recommendations were also proposed.</p> Adel Boumedjane Djouhara Aqeti Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 179 196 10.5281/zenodo.3898777 Small and medium enterprises and the problem of unemployment in Algeria - an econometric study during the period (2000-2018) http://journals.lagh-univ.dz/index.php/djei/article/view/736 <p>This study aims to measure the extent of the contribution of small and medium enterprises in alleviating unemployment in Algeria during the period (2000 - 2018), where data was relied on from the Ministry of SMEs related to the ratio of the contribution of SMEs in employment to the total employment employed nationally, and other data related to Unemployment belongs to the National Bureau of Statistics during the study period. The results indicated that there is an inverse relationship between the two variables, in other words that SMEs have a contribution to alleviate unemployment in Algeria.</p> <p>&nbsp;<strong>Keywords: </strong>SMEs; unemployment; employment; Algeria; simple regression model.</p> Mustapha Redif Ismail Morad Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 197 213 10.5281/zenodo.3898805 The Impact of social responsibility towards human resources in achieving Organizational Excellence case study of Regional Center for Medical Imaging, Laghouat. Algeria http://journals.lagh-univ.dz/index.php/djei/article/view/737 <p>The company's concerns in the past used to be confined to the economic goal for which it had been founded, &nbsp;namely to make a profit, while ignoring its social responsibility. However, &nbsp;this narrow view expanded to go so far as to confirm that the company includes the various social practices it carries out towards the society in general and its human resources in particular. Based on this standpoint, we will try Through this paper, we will try to address various practices of social responsibility towards human resources, which are able to contribute organizational excellence While highlighting the Regional Center of Medical Imaging Laghouat. In order to achieve this aim, A questionnaire composed of (33) items and distributed into (3) domains, &nbsp;it was relied on the descriptive statistical method, and the use of the program (SPSS 22).the study confirmed a significant statistical impact of&nbsp; at the significance level (0.05) for the social responsibility towards human resources on achieving an organizational excellence.</p> Messaouda Halmous Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 215 231 10.5281/zenodo.3898831 The impact of monetary policy on inflation rates in Algeria is a record study during the period 1990-2017 http://journals.lagh-univ.dz/index.php/djei/article/view/738 <p>This paper aims to study the impact of monetary policy on inflation in Algeria during the period 1990-2017, based on the methodology of cointegration, and through this study shows that the model variables are in the case of cointegration and this led us to estimate the correction model The results of the assessment were economically and statistically acceptable and the Monetary mass had a positive and significant effect on the inflation rates in Algeria during the period 1990-2017.</p> Sara Zaitri Amer Said Chaban Mohammed Chouikat Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 233 249 10.5281/zenodo.3898907 The role of the human resource in improving environmental performance in economic institutions - reference to the state of Sonatrach http://journals.lagh-univ.dz/index.php/djei/article/view/739 <p>In this work, we tried to know the role of the human resource in the economic institution and the extent of its contribution to improving environmental performance, while highlighting the nature of environmental management activity in raising the effectiveness of environmental performance, as well as knowing the contribution of environmental performance in raising the challenge and competition between economic institutions. So we chose the Sonatrach Corporation, including its subsidiaries at the national level, as it is the main driver of the national economy, and as a sample we have identified its Sub-Directorate for Maintenance in Laghouat, which is one of the most important units of the Sonatrach Corporation, as it carries out all maintenance of the fuel transport network.</p> <p>In the end, we concluded that environmental performance is governed by the level of human resources culture and their awareness of the impact of environmental pollution and their responsibility to reduce it. Therefore, this dimension should be taken care of and given great importance. The government and local government bodies are only members of society working in these institutions who classify development decisions, and that they control Above all, their cultures and beliefs can be directed to the positive environmental aspects, as they were not satisfied with the economic and social benefits that lead them and the state as a result of implementing this system.</p> Safia Allaoui Benterbeh Benterbeh Samira Mechraoui Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 251 268 10.5281/zenodo.3898932 Modeling The Volatility of DAX30 Index Using EGARCH Model http://journals.lagh-univ.dz/index.php/djei/article/view/740 <p>Financial time series exhibit a number of characteristics, the most important of which are volatility clustering, heavy tail of underlying distribution, and the leverage effect. Nevertheless, both models failed to properly model the leverage effect. Although the literature has seen many proposed models, perhaps the most striking of these models is the Asymmetric EGARCH model. Its ability to account for the asymmetric effect of good and bad news on volatility has made it one of the most adopted model for volatility. In this paper, we will attempt to model the daily returns of the DAX30 index for the period between 2014 and 2019 using the EGARCH model on a sample of 1264 observations. We show that this model is far more superior in capturing the leverage effect than alternative conditional volatility models.</p> Djazia Arab Bachir Belghait Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 269 285 10.5281/zenodo.3898940 The impact of the decline of oil prices on development in Algeria http://journals.lagh-univ.dz/index.php/djei/article/view/741 <p>This study aims to know the impact of the decline in oil prices on development in Algeria during the period 2012-2019, and its implications for Algeria's efforts to achieve sustainable economic development, and through an analysis of the problem the study reached a set of results, the most important of which are: that the Algerian economy is hostage to fluctuations of oil prices in the market Experiencing instability, and several recommendations came up, the most important of which are: Reconsidering local development and financing policies by giving decision-making authority to local authorities in order to activate local development, create local industrial activity areas and activate local collection.</p> Meftah Ghezal Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 287 304 10.5281/zenodo.3898944 The impact quality of work life on organization citizenship behavior of workers in the paramedical of field at Mouhamed sadik ben yahia hospital- jijel http://journals.lagh-univ.dz/index.php/djei/article/view/742 <p>This study aims at tasting the impact quality of work life on organization citizenship behavior of workers in the paramedical&nbsp; of field at Mouhamed &nbsp;sadik ben yahia hospital- jijel, this study is considered as a quantitative one since it depends on resolution which is delivered to 170 person following the Purposive Sample, in order to obtain data that is treated&nbsp; through&nbsp; the statistical package of social sciences, we have found that there is a medium practice of quality of work life and organization citizenship behavior. Further more, there is a positive influence of quality of work life on organization citizenship behavior and this due to positive effect of empowerment and human relations.&nbsp; So, in the light of the result that the study has reached, we have presented explanations and suggestion.</p> Messaoud Harikeche Mokhtar hadid Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 305 321 10.5281/zenodo.3898980 Measuring the extent adopt of commercial banks operating in Algeria the pillars of total quality management from the employees' Point of View; a field of study « CPA, BNA, BBA » http://journals.lagh-univ.dz/index.php/djei/article/view/743 <p>This study aimed to measure the extent adopt of commercial banks operating in Algeria the pillars of total quality management from the employees’point of view, and to address the main problem and prove the validity or not of the study hypotheses we conducted a field study approach at the banks of "CPA, BNA, BBA", where a survey was designed to include Phrases that measure the extent adopt of banks case study the pillars of total quality management, represented by, "based customer, staff training and qualification, focus on improving banking operations, the ability to measure the service performance quality in delivery", and the survey was delivered to a randomly sample of 189 employees, The most important results were: «&nbsp;The case study banks are take care of customer complaints and seek to provide the immediate solutions to them, the goal of the training programs carried out by the banks is to improve their banking products quality, the banks do not measure the Performance quality in all departments, the management of the banks depends on program that continuously reduces accounting errors, which is contributes to the management efficiency achievement&nbsp;».</p> Abdellatif Oulad Haimouda Ahmed Almaoui Mustapha Touiti Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 323 339 10.5281/zenodo.3898990 The impact of financial risks on the performance financial for Takaful insurance companies Saudi empirical study (2018-2010) http://journals.lagh-univ.dz/index.php/djei/article/view/750 <p>&nbsp;&nbsp;&nbsp; &nbsp;This study came to shed light on the effects of financial risks on the financial performance of Saudi Takaful (Symbiotic( insurance companies. Six variables were chosen in view of the data provided by the Saudi insurance sector, where a sample consisting of ten companies was taken, and this for the period between (2010-2018). The study revealed that there is no relationship between reinsurance risk and the market risk &nbsp;with return on assets, as the results of the regression analysis showed a negative relationship between the ratio of underwriting and market risk and return on assets. As for the positive relationship, the study showed that both liquidity risk, reinsurance risks, company size, solvency risk have a positive relationship to financial performance.</p> Yacine Guettoufi Mohammed Berrag Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 341 357 10.5281/zenodo.3898994 Impact of foreign exchange reserves to foreign exchange dinar/dollar in Algeria analytical econometric study since 1990-2019 http://journals.lagh-univ.dz/index.php/djei/article/view/746 <p>The objective of this study is to learn about the development of foreign exchange reserves in Algeria and to show the effect of foreign currency reserves on the exchange rate of the dinar / dollar in Algeria during the period 1990-2019, To study and describe the relationship between the variables of the study, the analysis was applied using the basic compounds (APC), To achieve this goal, the stability of the time series was examined through the application of the Dicky Fuller test. The Johannes method was used to test a long-term stable relationship,&nbsp; And through the tests the results showed the existence of the integration of the joint between these two variables, that is, there is a single long-term relationship between the reserve cash and the exchange rate in Algeria.</p> Mohammed Bouchemal Mokhtar Homida Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 359 377 10.5281/zenodo.3899005 The impact of the costs of the package tour on determining the promotional price of tourism services http://journals.lagh-univ.dz/index.php/djei/article/view/747 <p>The study aimed to try to get acquainted to the cost branch in the tourism services, which is a major factor in determining its price, especially what relates to the package tour, which is an integrated set of tourism services whose its cost less with its greatly varied. This diversification leads to the revitalization of tourism and increases its competitiveness &nbsp;and then decreases its prices as a result.</p> <p>The study also included a simulation for estimating the costs of the package tour&nbsp; based on data attributed to methods that can calculate the cost of the package tour&nbsp; and its application on some hotels belonging to four cities for comparison , namely , Algiers , Casablanca , Tunis, Cairo , so the last three cities are capitals of countries Its tourism industry is more than Algeria, so the study ends with an estimate of the cost of the package tour , which is the basis for setting prices.</p> <p>As a result, this study concluded a set of results and recommendations. the foremost, Algeria has capabilities that enable it to exploit the tourism activity based on harnessing the infrastructure, thus reducing costs and then reducing prices due to competition in this sector.</p> Mohammed Bendjaballah Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 379 395 10.5281/zenodo.3899007 Quantitative standards that support the decision to choose enterprise product distribution channels Hodna Mills M'sila http://journals.lagh-univ.dz/index.php/djei/article/view/748 <p>The sales function is at the forefront of the various administrative functions, which requires attention to efficient and effective management, through the use of modern quantitative methods of management, and the proper implementation of the marketing strategy requires the follow-up and development of various elements related to the policy of sales and control, Weak marketing activity.</p> <p>One of the most prominent policies with a clear need to use quantitative methods to improve them is distribution policy related to the products of the organization within the distribution channels, which means that the tools of the quantitative approach should be used to rationalize the decisions of distributing the products of the organization within the distribution channels of its products.</p> <p>By following the quantitative approach in the sales policy of the incubator mills, we find that the quantitative model has an effective role in selecting the distribution channels of the products of the institution, which contributes to improving the policy of distributing the products of the institution and implementing the planned strategy.</p> Achour Beddar Abderrahmane Elguerri Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 397 417 10.5281/zenodo.3899014 Towards improving the public service by activating intrapreneurship: A field study of a sample of support and accompaniment in the state of Djelfa http://journals.lagh-univ.dz/index.php/djei/article/view/749 <p>The aim of this study is to address the various theoretical literature dealing with the topics of intrapreneurship and the public service and analysis of the reality of the latter in the Algerian government administrations and the possibility of taking advantage of the dimensions of entrepreneurship to improve the latter. It also relied on the descriptive analytical method and the inductive method to address their problematic, This study found that internal leadership is a modern phenomenon and there is a difficulty in spreading its culture in the public administrations, which necessitates the launching of programs to develop the internal leadership in public administrations. This can only be achieved through the adoption of the senior management of its curricula and strategies.</p> Abdulbaqi Missaoui Tarek Hazerchi Atallah Benmessaoud Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 419 437 10.5281/zenodo.3899022 The impact of participation in global value chains of services on per capita GDP: Standard study for a group of developing countries in the period: 2000-2017 http://journals.lagh-univ.dz/index.php/djei/article/view/728 <p>&nbsp;&nbsp;&nbsp; The study aimed to measure the impact of participation in global value chains of services on per capita GDP in 15 developing countries for the period 2000-2017, by estimating a standard model using Eviews10 and Stata14.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; And the results of estimating the model using the combined PMG method indicated that the per capita GDP is related to a direct relationship with the variables of the value-added share of domestic and foreign services from the total exports (FVASH, DVASH), the competitive variable of industrial performance CIP and MD money supply, Final consumer spending, as the industrial performance competitiveness index is the most influential per capita gross domestic product.</p> Said Bouchoul Souad Djermoun Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 439 456 10.5281/zenodo.3899032 Determinants of dividend payout The case of Algerian private banks http://journals.lagh-univ.dz/index.php/djei/article/view/721 <p>The objective of this article is to study the determinants of dividend payout within Algerian private banks over the period 2011-2017. To do this, we used a regression method on panel data on a sample of eleven Algerian private banks. The results of this study reveal the significant and positive impact of the bank’s profitability, previous dividends, equity levels, debt, liquidity and growth on dividend distribution. On the other hand, there is a negative relationship between risk and dividend distribution.</p> Nabila Allal Billel BENILLES Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 457 472 10.5281/zenodo.3899411 Question of causality between financial development and economic growth: The case of Algeria (1980-2017) http://journals.lagh-univ.dz/index.php/djei/article/view/722 <p>In this article, we examine empirically the causal relationship between financial development and economic growth in Algeria during the period 1980-2017 via the error correction model. More precisely, the article aims to determine whether financial development causes Granger’s economic development in Algeria or vice versa. The empirical results of the study show that the financial sector has a positive effect on long-term economic growth. In addition, there is a unidirectional causal link from the financial sphere to the real sphere.</p> Nassima Bouras Hamza Fekir Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 473 489 10.5281/zenodo.3899421 Assessment of the solvency of SMEs: an application of the logistic regression model http://journals.lagh-univ.dz/index.php/djei/article/view/724 <p>The prediction of the credit risk of SME has been largely addressed by the financial and accounting literature. Many research works have led to models and prediction techniques that can be adapted to different countries and sectors of activity.</p> <p>In this study, we aim to assess the risk of insolvency of SMEs using a logistic regression model on a sample of Algerian SMEs requested from the construction, public works and hydraulic (BTPH) sector.</p> Ahlem BOUAZZARA Riad BAHA Fatiha BEKTACHE Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 491 505 10.5281/zenodo.3899423 Analysis of the Transitional Dynamics of Business Cycles in Algeria and their Reactions to Oil Price Shocks: Markov Switching Model http://journals.lagh-univ.dz/index.php/djei/article/view/725 <p>The aim of this paper is to study the impacts of oil price shocks on business cycles dynamics in Algerian economy (1975-2017) by using non-linear MS model. The results show that positive shocks increase the possibility of staying in a boom phase, and they are also constituted as a way out of recession. However, negative shocks stimulate the duration of the recession and even lead to a shift from an expansion to a contraction phase.</p> Manel Attouchi Mohamed Driouche Dahmani Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 507 523 10.5281/zenodo.3899429 The new process toward collaborative learning http://journals.lagh-univ.dz/index.php/djei/article/view/726 <p>Blended learning which is an integrated learning, combining the face-to-face and virtual learning,&nbsp;not only improves the training, but also questions and promotes the&nbsp;employee’s&nbsp;self-learning and collaboration skills. The most important innovation for organizations is the establishment of a new learning culture through online training, which is for everyone and which can be used by anyone whom is interested. In order to bring all the training&nbsp;participants,&nbsp;to the same level of knowledge before the presentation training, and to involve them more for more sharing. If comprehension problems arise, it is always possible to ask questions during the learning phase,&nbsp;time advancement during&nbsp;basic knowledge&nbsp;acquisition, offers more time for exercises during the presence phases and allows a targeted coaching performed by the trainers.</p> Berka Belaghemas Amal Mouterfi Rachida Addad Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 525 540 10.5281/zenodo.3899446 Economic performance of fiscal policy instruments on economic growth in Algeria http://journals.lagh-univ.dz/index.php/djei/article/view/727 <p>The aim of this research is to examine the effectiveness and limits of the instruments of fiscal policy on economic activity through a theoretical and another empirical framework on the Algerian economy.</p> <p>Research results demonstrate that fiscal policy in Algeria plays an important role in macroeconomic stabilization, by stemming any foreclosure effect in recent years, in a context of improving the allocation of resources, in particular for the benefit of activity and economic growth. As a result, recommendations have been suggested; the challenge is to structure budgetary measures so that they facilitate an efficient redeployment of resources towards activities offering longer-term economic and social benefits.</p> Asmae ZAOUI Fatima BOUDAOUD Copyright (c) 2020 https://creativecommons.org/licenses/by-nc/4.0/ 2020-06-18 2020-06-18 11 2 541 555 10.5281/zenodo.3899448