Multinational Research Society Publisher

Mission and Vision
Our Mission
At MRS Publisher, our mission is to advance the dissemination of high-quality, peer-reviewed research to a global audience, enabling unrestricted access to scholarly content. We strive to facilitate the free exchange of knowledge and foster academic collaboration, empowering researchers, educators, and practitioners across disciplines to contribute to the advancement of science and society. By providing open access to research outputs, we aim to enhance the visibility, impact, and accessibility of scholarly work while supporting a sustainable and equitable knowledge-sharing ecosystem.
Our Vision
Our vision is to become a leading force in the global open-access publishing landscape, promoting transparency, inclusivity, and collaboration within the scientific community. We envision a future where all academic research is freely accessible, enabling innovation, accelerating discovery, and supporting evidence-based decision-making in policy, education, and practice. Through our commitment to open access, MRS Publisher seeks to break down barriers to knowledge and empower a diverse range of voices and perspectives in the pursuit of knowledge and societal progress.
Open Access Policy
MRS Publisher is committed to promoting open access to all scholarly works published under our name. We firmly believe that providing open access to research articles, journals, and other scholarly materials increases the visibility and accessibility of research, maximizes the impact of scientific inquiry, and accelerates the exchange of knowledge across borders and disciplines.
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Latest Article
1. Foreign Exchange Rate Translation and Corporate Performance of Multina...
3

Kalu Igwe*, Asian A Umobong, P...
Department of Accounting, Faculty of Management Sciences, University of Port Harcourt, Nigeria
47-56
https://doi.org/10.5281/zenodo.18760975

Foreign currency translation is essential for financial reporting of multinational enterprises operations, particularly those operating in different global markets as companies engage in cross border transactions; maintain subsidiaries and associates in multiple countries. These firms encounter various foreign exchange risks that can significantly affect their financial statements. The choice of foreign currency translation method by multinational enterprises has profound effect for reporting financial outcomes. This study seeks to examine the effect of foreign exchange risks that can significantly affect their financial statements. The choice of foreign currency translation method by multinational enterprises impact financial outcome. This study seeks to examine the effect of foreign exchange rate translations on corporate performance of multinational enterprises in Nigeria. The study used Augmented Dickey-fuller based on panel data framework for the period 2014 – 2023 on multinational enterprises in Nigeria. The use of ADF was to determine the stationarity or non-stationarity, while Granger causality test was conducted to show the directional causality. From Hausman test, fixed and random effects were adopted. The study shows that causality test outcome imply that the variables are independent of each other. It further suggest that a change in one variable does not Granger cause a change in another variable. The outcome is, neither unidirectional nor bidirectional causality. But, in terms of relationships, foreign exchange rate translation had positive significant effect on return on assets and negative effect on return on equity. The implication of the positive effect of foreign exchange rate translation is that naira is depreciating against other currencies, increasing the value of foreign currency dominated assets. We conclude that exchange rate fluctuation is a significant predicator of return on assets, but not return on equity over the research period. The study recommends that management should adopt proactive exchange rate risk management policies such as hedging strategies to reduce the financial effects of exchange rate changes. The study further recommended that given exchange rate movements, financial managers of the selected firms should incorporate exchange rate monitoring into their operational planning.
2. Phytochemical Characterization and Cytotoxic Evaluation of Maerua ango...
2

Shagari, Maryam Bala*, James O...
Department of Histopathology, Usmanu Danfodiyo University Teaching Hospital, Sokoto, Nigeria
28-38
https://doi.org/10.5281/zenodo.18760131

Background: Conventional chemotherapy is often limited by toxicity and drug resistance. Maerua angolensis DC., used in traditional African medicine, represents an underexplored source of potential anticancer agents. This study characterized the phytochemistry and cytotoxicity of a methanolic leaf extract from M. angolensis against human breast (MCF-7) and colorectal (HT-29) adenocarcinoma cells. Methods: The extract was subjected to qualitative phytochemical screening and Gas Chromatography-Mass Spectrometry (GC-MS) analysis. Cytotoxicity was evaluated using the MTT assay after 24-hour treatment, with doxorubicin and capecitabine as positive controls. Morphological changes were assessed via Hematoxylin and Eosin (H&E) staining, and IC₅₀ values were determined by nonlinear regression. Results: Phytochemical analysis identified flavonoids, tannins, and cardiac glycosides. GC-MS revealed 22 compounds, predominantly oleic acid (29.51%), palmitic acid (21.87%), linoleic acid (12.34%), and stigmasterol (8.76%). The extract demonstrated moderate, concentration-dependent cytotoxicity. Against MCF-7 cells, the extract IC₅₀ was 15.6 ± 2.5 µg/mL, while doxorubicin was 15.6-fold more potent (IC₅₀ 1.0 ± 0.18 µg/mL; p<0.0001). Against HT-29 cells, the extract IC₅₀ was 34.4 ± 2.5 µg/mL, compared to a 3.4-fold more potent capecitabine (IC₅₀ 10.0 ± 2.0 µg/mL; p<0.0001). H&E staining confirmed concentrationdependent apoptotic morphology, with MCF-7 cells showing greater sensitivity. Conclusion: M. angolensis leaf extract, rich in bioactive fatty acids and phytochemicals, exhibits moderate in vitro cytotoxicity against breast and colorectal cancer cells, inducing apoptotic morphological changes. The IC₅₀ values fall within a biologically relevant range for natural products. These findings validate its traditional use and provide a strong rationale for further mechanistic and in vivo studies to explore its potential complementary role in cancer therapy.
3. Financial Sustainability & Strategic Governance in Women-led Farmer Pr...
2

Vinamra Dhakad*, Mayank Soni,...
Indian Institute of Management Visakhapatnam
47-48
https://doi.org/10.5281/zenodo.18741049

Farmer Producer Organizations (FPOs) have emerged as a critical institutional mechanism to enhance the income and bargaining power of small and marginal farmers in emerging economies. However, many FPOs face challenges related to financial sustainability, governance, and strategic management. This study examines the financial performance, governance structure, and operational sustainability of a women-led FPO—Tappal Samriddhi Mahila Kisan Producer Company Limited—in Aligarh district of Uttar Pradesh, India. Using financial statement analysis, bank transaction analysis, and stakeholder interviews, the study identifies significant gaps in working capital management, cost efficiency, governance capacity, and strategic prioritization. The FPO has strong liquidity and equity structure, aspirational and resilient women leadership, and robust technical support from Transforming Rural India Foundation. Currently, the FPO faces operational losses due to weak cost controls and lack of strategic focus. The findings highlight the importance of structured financial governance, business prioritization, and institutional capacity building for sustainable growth of FPOs. The study contributes to management literature by providing empirical insights into internal governance and financial sustainability challenges in grassroots agricultural enterprises led by women farmers in emerging markets.
4. Reinterpreting the Functions of Nērcca in the Present Scenario with Sp...
8

Irshad Thottumarathil*
Research Scholar, School of Folklore Studies, University of Calicut
38-42
https://doi.org/10.5281/zenodo.18740950

Folk festivals continue to function as vital cultural institutions that sustain collective memory, social cohesion, and symbolic authority in contemporary societies. In the Malabar region of Kerala, Nērcca represents one of the most enduring shrine-centred folk traditions, integrating devotion, ritual performance, economy, and social interaction. This paper examines the contemporary relevance of Nērcca through an in-depth ethnographic analysis of Kondotty Nērcca. Drawing upon fieldwork, oral narratives, and ritual practices documented in the author’s doctoral research, the study argues that Nērcca must be understood not merely as a religious observance but as a dynamic social institution. By reinterpreting its multiple functions in the present social order, the paper demonstrates how folk festivals continue to negotiate identity, authority, cultural continuity, and social integration amid rapid socio-economic transformations.
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