Template-Type: ReDIF-Article 1.0
Author-Name: Lyazzat Palymbetova
Author-Workplace-Name: KIMEP University
Title: Accounting for sustainability in banking: Role of IFRS and macroeconomic determinants in ESG performance
Abstract: This research study explores the connection between International Financial Reporting Standards (IFRS) adoption and the Environmental, Social, and Governance (ESG) performance of banks by conducting a panel data study spanning 117 banks and 26 countries from 2009 to 2023. In doing so, the central hypothesis determines whether IFRS adoption, given its principles-based approach and commitment to transparency, offers an implicit improvement in non-financial performance possibilities, specifically in ESG scores. A Prais-Winsten regression model with panel-corrected standard errors is chosen to handle data autocorrelation and heteroscedasticity. The analysis includes accounting standards (IFRS vs. local generally accepted accounting principles (GAAP)), bank size, return on assets (ROA), return on equity (ROE) and macroeconomic variables such as GDP growth, inflation, regulatory quality and unemployment as key independent variables. The findings demonstrate a positive statistical relationship between IFRS adoption and ESG scores which supports the idea that strong financial reporting standards promote better sustainability disclosure. The analysis reveals that bank size demonstrates a powerful positive relationship with ESG performance. The financial performance indicators ROA and ROE fail to show any connection to ESG scores in this particular study. The research reveals that higher regulatory quality produces negative ESG performance while higher unemployment rates lead to decreased ESG scores. The research adds to the expanding dialogue about financial and non-financial reporting standards while demonstrating that IFRS adoption improves transparency in both financial statements and sustainability practices. The research findings provide important practical value for policymakers and investors and corporate decision-makers who need to link financial regulation with sustainable banking practices.
Journal: International Journal of Business and Management (IJBM)
Volume: 4
Issue: 3 [Special Issue]
Pages: 1-14
Year: 2025
Month: October
DOI: 10.56879/ijbm.v4i3.20
File-URL: https://iessociety.org/index.php/IJBM/article/download/172/45
File-Format: application/pdf
Handle: RePEc:cwd:ijbmnz:v:4:y:2025:i:3:p:1-14

Template-Type: ReDIF-Article 1.0
Author-Name: Altynay Zhalgassova
Author-Workplace-Name: KIMEP University
Title: Taxation and economic growth in Post-Soviet countries
Abstract: This study examines the relationship between taxation and economic growth in seven post-Soviet economies—Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyz Republic, Uzbekistan, and Russia—over the period 1999–2023. Using panel data from the World Bank and applying the Long-Term Growth Model (LTGM) alongside an econometric regression framework, this research analyzes the impact of direct and indirect taxation, foreign direct investment (FDI), gross savings, institutional quality, and other key economic factors on GDP growth. The regression results reveal that direct taxes do not have a statistically significant effect on GDP growth, whereas indirect taxes on international trade (IndTx2) demonstrate a positive and statistically meaningful impact at the 5% level. FDI and gross savings emerge as the most significant drivers of economic growth, with both variables showing strong statistical importance at the 1% level. Institutional effectiveness, measured by economic management quality, exhibits a weakly significant positive association with GDP growth, suggesting that better governance may support economic improvements. Investment and population growth, however, do not display significant effects on GDP growth within the analyzed model. The overall explanatory power of the model is moderate, with an R-squared value of 0.256 and an adjusted R-squared of 0.184. These findings suggest that, for post-Soviet economies, indirect taxation, foreign direct investment, and savings play a crucial role in fostering economic growth, while direct taxation has a limited influence. Additionally, governance quality may contribute to improved economic outcomes. The study provides valuable insights for policymakers in structuring taxation policies that support sustainable economic development in transition economies.
Journal: International Journal of Business and Management (IJBM)
Volume: 4
Issue: 3 [Special Issue]
Pages: 15-26
Year: 2025
Month: October
DOI: 10.56879/ijbm.v4i3.21
File-URL: https://iessociety.org/index.php/IJBM/article/download/173/43
File-Format: application/pdf
Handle: RePEc:cwd:ijbmnz:v:4:y:2025:i:3:p:15-26

Template-Type: ReDIF-Article 1.0
Author-Name: Alinur Baikonys
Author-Workplace-Name: KIMEP University
Title: Impact of technological, environmental, financial and infrastructural barriers on buyer intentions towards electric vehicles
Abstract: This study aims to identify key barriers that negatively affect the formation of intentions to purchase an electric vehicle (EV) in the Kazakhstan market. Despite the active global promotion of EVs as an environmentally sustainable alternative to ICE vehicles, their prevalence in developing countries remains low. The empirical part of the work is based on a quantitative approach using a questionnaire survey and statistical analysis. The survey and the results obtained allow us not only to describe the current state of EV perception in Kazakhstan, but also to suggest specific ways to overcome barriers to sustainable mobility. The study involved 200 respondents from various regions of Kazakhstan. Data analysis was carried out using factor analysis and multiple linear regression. Factor analysis confirmed that the questionnaire statements are correctly grouped into four independent constructs: technological, environmental, financial and infrastructural barriers. The factor loading coefficients of all variables exceeded the threshold value of 0.5, indicating a high degree of consistency within each block. In addition, the reliability coefficient values ​​(Cronbach's alpha) for all four groups of barriers ranged from 0.568 to 0.741, indicating acceptable and high internal consistency of the scales. The results of multiple linear regression showed that technological and financial barriers have the greatest impact on the intention to purchase an electric car. Environmental and infrastructural barriers also play a role, but to a lesser extent. Based on the data obtained, practical recommendations are proposed for government agencies, automakers and infrastructure companies. Among them are government support measures, expansion of charging infrastructure and information campaigns. The study contributes to the understanding of behavioral barriers in the transition to sustainable transport and can be used in the development of national policies in this area.
Journal: International Journal of Business and Management (IJBM)
Volume: 4
Issue: 3 [Special Issue]
Pages: 27-38
Year: 2025
Month: October
DOI: 10.56879/ijbm.v4i3.22
File-URL: https://iessociety.org/index.php/IJBM/article/download/178/47
File-Format: application/pdf
Handle: RePEc:cwd:ijbmnz:v:4:y:2025:i:3:p:27-38

Template-Type: ReDIF-Article 1.0
Author-Name: Sofya Gassanova
Author-Workplace-Name: KIMEP University
Title: Improving banking efficiency through digital transformation: A viewpoint on BCC bank
Abstract: This study investigates the impact of digital transformation on banking efficiency, using BCC Bank as a case study. As digital technologies such as artificial intelligence, blockchain, big data become integral to the financial sector, banks are compelled to revise their traditional business models to maintain competitiveness and operational effectiveness. The research highlights how digital transformation optimizes internal processes, enhances customer service, and contributes to sustainable growth. Using qualitative methods, including interviews with bank employees and IT experts. This study identifies the key results and obstacles that BCC Bank faced during the digital transition. The results obtained will contribute to a broader understanding of digital banking trends in Kazakhstan and provide practical information on managing technological changes in the financial sector.
Journal: International Journal of Business and Management (IJBM)
Volume: 4
Issue: 3 [Special Issue]
Pages: 39-44
Year: 2025
Month: October
DOI: 10.56879/ijbm.v4i3.24
File-URL: https://iessociety.org/index.php/IJBM/article/download/175/46
File-Format: application/pdf
Handle: RePEc:cwd:ijbmnz:v:4:y:2025:i:3:p:39-44

Template-Type: ReDIF-Article 1.0
Author-Name: Aiken Satvaldy
Author-Workplace-Name: KIMEP University
Title: Impact of foreign direct investment on economic development in CIS countries
Abstract: This study examines the factors influencing the inflow of foreign direct investment (FDI) to the CIS countries in the period from 2012 to 2021. The analysis focuses on macroeconomic variables affecting FDI such as: GDP growth, consumer price index (CPI), trade openness, political stability, ESG indicators and return on equity (ROE). This study uses FGLS regression, which shows that GDP growth, trade openness and consumer price index affect FDI inflows. GDP growth and trade openness positively correlate with FDI, unlike CPI. However, variables such as political stability, ESG indicators and return on equity were found to be statistically insignificant in this context. This study highlights the importance of economic growth and trade liberalization. Recommendations for further research to optimize FDI inflows are also discussed.
Journal: International Journal of Business and Management (IJBM)
Volume: 4
Issue: 3 [Special Issue]
Pages: 45-56
Year: 2025
Month: October
DOI: 10.56879/ijbm.v4i3.25
File-URL: https://iessociety.org/index.php/IJBM/article/download/174/44
File-Format: application/pdf
Handle: RePEc:cwd:ijbmnz:v:4:y:2025:i:3:p:45-56