Series-3 (July-August 2019)July-August 2019 Issue Statistics
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| Paper Type | : | Research Paper |
| Title | : | China Economy: with the Perspective of Urbanization |
| Country | : | India |
| Authors | : | Ankit Somani |
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: | 10.9790/5933-1004030106  |
Abstract: Urbanization is a wide concept and it has myraid definitions according to the different field of study. As we can see demographically, urbanization defines as a steady process of shift of people in to the urban areas. By geographical perspective, urbanization promotes the change of non-urban regions into urban territories and that will helps for better welfare of population and country's economic condition. Urbanization plays a vital role in boost of the economy but it will also create chaos in economy if urbanization is not managed by the state in proper way. As this paper deals with problems that China faced in its economy due to urbanization but how gradually China transform or upgrade it with the help of policy and become one of the power centered of the world. In last forty years, China transforms it from Agriculture based economy to the Service as well as Territory.......
[1]. FRIEDMANN J, 'Four Theses In The Study Of China's Urbanization' (2006) 30 International Journal of Urban and Regional Research.
[2]. MCGRANAHAN, G SATTERTHWAITE, D. Urbanization Concepts and Trends, IIED: London, UK, 2014.
[3]. United Nations, "World urbanisation prospects: The 2005 revision," 2005; United Nations, "World urbanisation prospects: The 2007 revision," 2007.
[4]. National Bureau of Statistics of China, "Major Figures of the Sixth National Population Census, 2010," National Bureau of Statistics of China, Beijing, 2011.
[5]. Yao ST Liu, 'THE EVOLUTION OF URBAN SPATIAL STRUCTURE IN THE OPEN AREA OF SOUTHEASTERN COASTAL CHINA' (1995) 16 Urban Geography.
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| Paper Type | : | Research Paper |
| Title | : | Nexus between Remittances, FDI and Economic Growth of Nepal and Bangladesh: An ARDL Bound Test Approach |
| Country | : | Bangladesh |
| Authors | : | IpsuKhadka || Umme Salma |
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: | 10.9790/5933-1004030716 |
Abstract: The objective of this study was to find the nexus between economic growth, foreign direct investment (FDI), and remittances in Nepal and Bangladesh. By using the time series data of Nepal for period 1996-2017 and of Bangladesh for period 1976-2017, this research found that economic growth, FDI, and remittance do share a long run relationship. Annual percentage growth rate of GDP at market prices based on constant local currency, personal remittance received as a percentage of GDP and FDI net inflows as a percentage of GDP has been used as proxy for economic growth, remittance, and FDI respectively. This study made use primarily of Augmented Dickey-Fuller Test to check for stationarity of variables, then performed the Auto-Regressive Distributive Lag (ARDL) bound..........
Keywords: Economic Growth, FDI, Remittance, Co-integration, ARDL Approach
[1]. Belloumi, M. (2014). The relationship between Trade, FDI and Economic growth in Tunisia: An application of autoregressive distributed lag model. Economic Systems, 269-287
[2]. Chamlagai, D. (2015). The Impact of Remittance, Foreign aid and FDI on growth: Evidence from the Nepal Economy . North Cyprus : Eastern Mediterranean University .
[3]. Hasanuzzaman, A. K. (2013). Remittances and investment nexus in Bangladesh:. Springer-Verlag Berlin Heidelberg, 387-407.
[4]. K.R.Dhungel. (2012). The Link between Remittance and Economic Growth: An ARDL Bound Testing Approach . NRB Economic Review .
[5]. M.Rahman. (2009). " Contributions of exports, FDI and expatriates‟ remittances to real GDP of Bangladesh, India Pakistan and Sri Lanka‟. Southwestern Economic review, 141-154.
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| Paper Type | : | Research Paper |
| Title | : | Subjective Norms and Entrepreneurial Intention For Sustainable Enterprise Developmentamong Selected University Students In Lagos State, Nigeria |
| Country | : | Nigeria |
| Authors | : | Odumosu, Adefunke A. || Binuyo, Adekunle O. || Kelani, FataiA. || Williams, Adekunle C. |
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: | 10.9790/5933-1004031721 |
Abstract: Entrepreneurship has been considered as a foundation for economic growth and development in developed and emerging economies. However, the debate on the factors affecting entrepreneurial intention is still on-going among researchers in Nigeria. This study therefore seeks to examine the effect of subjective norms(family background and role models) as key determinant of entrepreneurial intention among selected university students in Lagos State, Nigeria. A total of 882copies of a well-structured questionnaire were administered to final year students,who were randomly selected from the three universities and806 copies of the questionnaire that were retrieved and..........
Keywords: Development, Entrepreneurship, Enterprise development, Entrepreneurial Intention, Growth, Subjective norms, Role models
[1]. Abdullah A., Annum, J., Mohsin, R., & Asma, H. (2010). Entrepreneurial intentions among business students in Pakistan. Journal of Business Systems, Governance and Ethics, 5(2), 13–21.
[2]. Ajzen, I. (1991). The theory of planned behaviour. Organizational Behavior and Human Decision Processes, 50(2), 179–211.
[3]. Akpan, I. E., Effiong, A. S., &Ele, A. A. (2012). Entrepreneurship education policy: An Intervention strategy for economic development in Nigeria. Business & Entrepreneurship Journal, 1(1), 101–110.
[4]. Aktar, S. (2015). An assessment of entrepreneurial affinity in Bangladesh: Comparative analysis between small live entrepreneurs and potential entrepreneurs of university level students. Journal of Business and Technology, 10(1), 1–20.
[5]. Ali, S., Lu, W., & Wang, W. (2012). Determinants of entrepreneurial intentions among the college students in China and Pakistan. Journal of Education and Practice, 3(11), 13–21.
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| Paper Type | : | Research Paper |
| Title | : | The Effect of General Allocation Funds, Special Allocation Funds, Regional Taxes and Regional Retribution of Regional Financial Performance Efficiency With Capital Expenditureas a Moderating Variable |
| Country | : | Indonesia |
| Authors | : | Santi Rohdearni Panjaitan || Iskandar Muda || Tarmizi |
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: | 10.9790/5933-1004032232 |
Abstract: This study aims to determine the effect of General Allocation Funds, Special Allocation Funds, Regional Taxes and Regional Levies on the Efficiency of Regional Financial Performance partially in the district / city governments in North Sumatra Province and the role of Capital Expenditure in moderating the relationship between General Allocation Funds, Special Allocation Funds , Regional Taxes and Regional Levies on the Efficiency of Regional Financial Performance, Regional Taxes and Regional Retribution with Efficiency in Regional Financial Performance. The research design used was causal design. The population in this study were 33 districts / cities in North Sumatra Province. The sample was selected using a purposive sampling method totaling 20 districts / cities...........
Keywords: Allocation Funds, Special Allocation Funds, Regional Taxes, Regional Levies, Capital Expenditures and Financial Performance Efficiency
[1]. Badjra, Ida Bagus, A.A Wela, Yulia Putra. (2015). Pengaruh Leverage, Pertumbuhan Penjualan dan Ukuran Perusahaan terhadap Profitabilitas pada Perusahaan Industri Makanan dan Minuman yang terdaftar di BEI. E-Jurnal Manajemen Unud, Vol.4 No.7, 2015: 2052-2067.
[2]. Darwin. (2010). Pajak Daerah dan Retribusi Daerah, Edisi Pertama. Jakarta: Mitra Wacana Media.
[3]. Fahmi, Irham. (2012). Analisis Kinerja Keuangan. Bandung: Alfabeta.
[4]. Hendro, Sumarjo. (2010). Pengaruh Karakteristik Pemerintah Daerah terhadap Kinerja Keuangan Pemerintah Daerah Studi Empiris pada Pemerintah Daerah Kabupaten/Kota di Indonesia. Skripsi Sarjana. Universitas Sebelas Maret. Surakarta.
[5]. Jumingan. (2006). Analisis Laporan Keuangan, Cetakan Pertama. Jakarta: Bumi Aksara.
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| Paper Type | : | Research Paper |
| Title | : | Analysis of Factors that Influence the Hotel Tax in Semarang |
| Country | : | Indonesia |
| Authors | : | Khamimah || Yogi Destyanto |
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: | 10.9790/5933-1004033337 |
Abstract: This study aims to analyze the factors that influence hotel tax revenue in the Semarang. The data carried out from the Semarang Regional Revenue Agency (BAPENDA) and the Central Agency on Statistics (BPS) published in 2007-2016. The number of samples used in this study is 40 data, which were taken based on the quarter 2007-2016. This study uses census sampling techniques or the entire population is sampled. Hotel tax is used as the dependent variable of the independent room occupancy rate, number of travelers, inflation rate and Product Domestic Regional Bruto (PDRB). The data were analysed with multiple linear regression. The results showed that the number of tourists and Product Domestic Regional Bruto (PDRB) is one of the factors that can affect hotel tax revenue in Semarang. However, the inflation rate and room occupancy did not affect on hotel tax revenues in Semarang..
Keywords: Hotel Tax, Room Occupancy Rate, Number of Travelers, Inflation Rate, PDRB
[1]. Alista, H. N. (2014). Analisis Faktor–Faktor Yang Mempengaruhi Realisasi Jumlah Penerimaan Pajak Hotel (Studi pada Dinas Pendapatan Daerah Kabupaten Tulungagung). Jurnal Ilmiah Mahasiswa FEB, 3(1).
[2]. Ardhiansyah, I. W. 2005. Analisis Kontribusi Pajak Hotel dan Restoran terhadap Pendapatan Asli Daerah Kabupaten Purworejo Tahun 1989- 2003. FE UII. Yogyakarta.
[3]. Badan Pusat Statistik. Kota Semarang Dalam Angka. BPS, Kota Semarang
[4]. ------------------- 2007 - 2016. Kota Semarang Dalam Angka. BPS, Kota Semarang
[5]. Ghozali, I. 2006. Ekonometrika: Teori, Konsep, dan Aplikasi dengan SPSS 17. Universitas Diponegoro, Semarang.
[6]. Gusful, A. (2015). Pad: Potensi Pajak Parkir Di Kabupaten Wonosobo. Jurnal Penelitian dan Pengabdian Kepada Masyarakat UNSIQ, 2(1), 47-60.
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| Paper Type | : | Research Paper |
| Title | : | A Study on Investor's Perception Towards Investing In Mutual Funds |
| Country | : | |
| Authors | : | Tess Jacob || Anis A || Noonu Mary Jose |
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: | 10.9790/5933-1004033842 |
Abstract: Diversified investment is an important feature of mutual funds hence it is the most suitable investment for the common man. Investor's preference plays a vital role in the financial markets. This paper makes an attempt to study the customer perception towards investment in mutual funds when other investment avenues are also available in the market.
Keywords: Mutual funds, investors, customer perception
[1]. Anand, S. and Murugaiah,V. (2004), "Marketing of financial services: strategic issues‟, SCMS Journal of Indian Management.
[2]. Badrinath, S.G &Gubellini, S, (2011), "On the characteristics and performance of long-short, market-neutral and bear mutual funds", Journal of Banking & Finance, Vol. 35 Issue 7, pp.1762
[3]. Binod Kumar Singh (2011) "A Study on Investors‟ Attitude towards Mutual Funds as an Investment Option", JOURNAL OF ASIAN BUSINESS STRATEGY, VOL. 1(2): 8-15.
[4]. Desigan et al (2006), "Women Investors‟ Perception Towards Investment: An empirical Study‟, Indian Journal of Marketing.
[5]. DhimenJagdishbhaiJani, BhautikAlpeshkumar Patel & Rajeev V. Jain (2015) "consumer‟s perception towards mutual fund as an investment option" The Standard International Journals Dr.Binod Kumar Singh(2012) "The impacts of various demographic factors on investors‟ attitude towards mutual fund" International Journal of Research in Management
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| Paper Type | : | Research Paper |
| Title | : | The Effect of Managerial Ownership, Institutional Ownership and Independent Board of Commissioners on Return on Assets |
| Country | : | Indonesia |
| Authors | : | Hikmah || Nur Laila Fitria |
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: | 10.9790/5933-1004034348 |
Abstract: This study aims to determine the effect of managerial ownership, institutional ownership, and the independent board of commissioners on return on assets in banking companies listed on the Indonesia Stock Exchange in 2013 - 2017. The population in this study are all financial reports from banking companies listed on the Indonesia Stock Exchange. The sample size used was 13 companies, with the sampling technique used was the saturated sample method or the sensing method. The data source used is secondary data, with data collection techniques using documentation, while the data analysis used is multiple linear regression. The results showed that managerial ownership has a positive and significant effect on return on assets. Institutional ownership has a negative and not significant effect on return on assets. Board of Commissioners has a positive and not significant effect on return on assets.Companies is expected to pay attention to the composition of managerial share ownership and investors is expected to evaluate financial statements before investing, especially having to see the value of profit or profitability as seen from the value of return on assets
Keywords: managerial ownership, institutional ownership, independent board of commissioners, return on assets
[1]. Baysinger, B and Hoskisson, RE 1990, "The Composition of Board of Directors and Strategic Control: Effects on Corporate Strategy‟, Academy of Management Review, 15, 72–87.
[2]. Benedictus Sianipar, Nico., Hapsari., dan Boediono. 2018. PengaruhKepemilikanInstitusional,KepemilikanManajerial, Dan KomisarisIndependen terhadapReturn On Asset (ROA)(StudiKasusPada Perusahaan Sektor Perkebunan Yang Terdaftar Di Bursa EfekIndonesia PadaTahun 2011 – 2015). e-Proceeding of Management : Vol.5, No.1, Hal.646-653.
[3]. Brick, IE and Chidambaran, CK 2010, "Board Meetings, Committee Structure, And Firm Value‟, Journal Of Corporate Finance, 16, 533 – 553.
[4]. Candradewi, I., &Sedana, I. B. P. (2016).PengaruhKepemilikanManajerial, KepemilikanInstitusional
[5]. danDewanKomisarisIndependenTerhadap Return On Asset. E-JurnalManajemen, 5(5).
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| Paper Type | : | Research Paper |
| Title | : | Sujet : Gouvernance Participative : Dynamique Territoriale Et Innovation Sociale |
| Country | : | |
| Authors | : | Chahid Yahya |
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: | 10.9790/5933-1004034955 |
Abstract: Cet article sert à analyser le concept de gouvernance, et sa contribution à la structure sociale des pays. Dans un contexte mondial où la participation des entreprises et de la société civile se manifeste de la plus forte façon. Ainsi, depuis les années 90 et dans la logique d'améliorer le climat général du développement durable sur différents niveaux ; les gouvernements successifs n'ont pas cessé de donner un grand intérêt à une nouvelle version de la bonne gestion de leurs territoires qu'est "la gouvernance". Il convient de mettre en évidence cette version et sa contribution au développement durable du pays. En passant par la stratégie mise en place par les autorités gouvernementales pour tirer profit de la gouvernance. Et dans cet objectif, cet article s'étalera sur deux points :..........
[1]. A. Faure, E.Négier : « Les politiques publiques à l'épreuve de l'action locale », Edition l'Hrmattan : 2007.
[2]. Borrini-Feyerabend, « Gestion participatives des aires protégées : l'adaptation au contexte », Edition IUCN 1997
[3]. B. Pecqueur : « Les ressources de territoire et le territoire de ressources », Finistera 36, 2001
[4]. FNUAP, « Fonds des Nations Unis pour la Popolation », publication de 2007
[5]. L. Moyart, F. Leloup, B. Pecqueur : « La gouvernance territoriale comme nouveau mode de coordination territoriale ? » Lavoisier 2005.
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| Paper Type | : | Research Paper |
| Title | : | The Relationship between Cash Conversion Cycle and Firm Profitability: Special Reference to the Manufacturing Companies in Colombo Stock Exchange. |
| Country | : | Sri Lanka |
| Authors | : | DDK Sugathadasa |
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: | 10.9790/5933-1004035665 |
Abstract: Cash conversion cycle is a significant financial metric that used to determine the efficiency of converting organization's inventory into sales and orderly into cash. It is also one of most widely used measure in liquidity management on assessing capabilities of current assets and liabilities. To be successful and remain, profitability would necessarily concerned by organizations at their business operations. Therefore, the present study aimed to examine the relationship between cash conversion cycle and profitability of manufacturing sector organizations listed in Colombo Stock Exchange. As a proxy of independent variables inventory conversion period, debtor conversion period and creditor conversion period combined to derive the cash conversion cycle (CCC) while.........
Keywords: Cash Conversion Cycle, Return on Assets, Return on Equity, Profitability
[1]. Amit, K. Mallik,Debashish Sur &Rakshit, D. (2005). Working Capital and Profitability: AStudy on their Relationship with Reference to Selected Companies in Indian Pharmaceutical Industry. GITAM Journal of Management, Vol.3, pp51-62.
[2]. Anser, R., & Malik, Q.A. (2013). Cash conversion cycle and firms' profitability – A study of listed manufacturing companies of Pakistan. Journal of Business and Management, 8(2), 83-87.
[3]. Brealey, R.A., Myers, S.C., &Marcus, A.J. (2001). Fundamentals of Corporate Finance. McGraw-Hill/Irwin, 2001 - Corporations - 798 pages.
[4]. Brigham, F., & Houston, F. (2007). Fundamentals of Financial Management. 10th ed. McGraw-Hill Inc: New York. [5]. Boisjoly, R. (2009). The cash flow implications of managing working capital and capital investment. Journal of Business & Economic Studies.
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| Paper Type | : | Research Paper |
| Title | : | Factors Affecting Gross Domestic Product of Bangladesh |
| Country | : | Bangladesh |
| Authors | : | Md. Shahajada Mia || Mst. Masrufa Akter |
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: | 10.9790/5933-1004036670 |
Abstract: To achieve the higher economic growth is the vision of Bangladesh. This study tries to find out the scenario of the GDP in Bangladesh and identify the significant factors of GDP based on the secondary data collected from World Bank from the period of 1990 to 2017. GDP is considered as dependent variable and price inflation, gross savings, FDI net inflows and labor force are considered as independent variables. Several diagnostic test namely normal probability plot and heteroscedasticity test are used in this study. The result of the test is that the data are normally distributed and the variance of error term is homoscedastic. The result of this study is that the GDP of Bangladesh are growing up. Gross savings and labor force total are statistically significant factors of GDP growth. Good governance and political stability play an important role to increase the economy of Bangladesh.
Key words: Gross Domestic Product, Price inflation, Foreign Direct Investment, Labor force, Gross savings, Regression, Heteroscedasticity.
[1]. Begum, S., and Shamsuddin, A.F.M. (1998), "Exports and economic growth in Bangladesh." Journal of Development Studies, Vol. 35, pp. 89-114.
[2]. Bryant, J., Jacobsen, V., Bell, M. & Garrett, D. (2004). Labour Force Participation and GDP in New Zealand. New Zealand Treasury Working Paper 04-07.
[3]. Duasa, J. (2007).Malaysia Foreign Direct Investment and Growth: Does StabilityMatter? The Journal of Economic Cooperation, 28(2): 83-98.
[4]. Faruk, O. (2013). "The effect of FDI to accelerate the economic growth of Bangladesh and some problems and prospects of FDI" ISSN 2304-2613 (print); ISSN 2305-8730 (online) Vol. 2, No.2.
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| Paper Type | : | Research Paper |
| Title | : | A Study on Gold Exchange Traded Funds |
| Country | : | India |
| Authors | : | Mrs. Roshni P.R || Dr.E.Sulaiman |
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: | 10.9790/5933-1004037174 |
Abstract: This paper aims to measure the return of Gold ETFs and to compare the returns of Gold ETFs for the financial years 2014-2018. It is found that Reliance Gold Bees is the best performing fund on the basis of five year CAGR..
Key words: Gold ETF, Net Asset Value, Annual Returns, CAGR
[1]. Saleem, M and M. Khan (2013),"The Overview of Gold ETFs and Its Various Positive Features", International Journal of Marketing, Financial Services & Management Research, Vol-2, No.4. pg-125-135
[2]. Saranya,P.B, Vimala, R and Saranya, R (2014) "A Study on Gold ETF's Performance in India", International Journal of Scientific Research, Vol- 4, Issue-3, pg-154-158
[3]. Tongia and Bakul Chugani, (2010) "Gold ETFs: Craze for safety added to popularity", (Online) Available at http://economictimes.indiatimes.com/markets/bullion/gold-etfs-craze-for-safety-adds-to-popularity/articleshow/6005498.cms.
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| Paper Type | : | Research Paper |
| Title | : | Corporate Risk, Firm Size and Financial Distress: Evidence from Non-Financial Firms Listed In Kenya |
| Country | : | Kenya |
| Authors | : | Mark Waita Gichaiya || Stephen Muchina || Stephen Macharia |
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: | 10.9790/5933-1004037586 |
Abstract: Financial distress (FD) is a common precursor to corporate failure that subjects investors to financial loss. In Kenya, FD has been rampant among several private and public commercial entities. This signifies presence of deep-seated corporate snags that hamper sustainability. Earlier studies have focused more on FD modeling while others provide conflicting findings pertaining to risk exposure and financial health. This study therefore examines the influence of corporate risk on FD. Additionally, the moderation effect of firm size on the relationship between corporate risk and FD was tested. This study is premised on Modigliani and Miller's first proposition and signaling theory. Aquantitative research design with a correlational approachwas adopted targeting all non-financial firms listed in Nairobi Securities Exchange (NSE) from year 2006 to 2015. The study collected secondary..........
Key words: Corporate Risk, Market Risk, Business Risk, Financial Risk, Firm Size, Financial Distress
[1]. Abbasi, A., & Malik, Q. A. (2015). Firms‟ size moderating financial performance in growing firms: An empirical evidence from Pakistan. International Journal of Economics and Financial Issues, 5(2), 334-339.
[2]. Ahmed, H., Azevedo, A., & Guney, Y. (2014). The effect of hedging on firm value and performance: Evidence from the nonfinancial UK firms. European Financial Management Association, 44, 1-citation_lastpage.
[3]. Almeida, H., & Philippon, T. (2007). The risk‐adjusted cost of financial distress. The Journal of Finance, 62(6), 2557-2586.
[4]. Alshubiri, F. (2015). Measurement the Impact of Financial and Business Risk on Performance: Evidence of Industrial Sector of Oman. Asian Social Science, 11(22), 26.
[5]. Altman, E. (2018). Applications of Distress Prediction Models: What Have We Learned After 50 Years from the Z-Score Models? International Journal of Financial Studies, 6(3), 70. doi:10.3390/ijfs6030070.