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| Paper Type | : | Research Paper |
| Title | : | The Implementation of District and Rural Fiscal Balance through Village Allocation Budget in the Form of Autonomous Village Program in Indragiri Hilir District within Local Economic Empowerment |
| Country | : | Indonesia |
| Authors | : | Feryandi || Agus Suman || David Kaluge || Moh.Khusaini |
Abstract: The research aims to: (1) analyze the governanceandeffectiveness ofthe implementationof ADD (Village Fund Allocation)asa stimulantof basicruralinfrastructuredevelopment budget; (2) investigate the effect ofthe implementationof ADDtowardslocaleconomygrowth in a sustainable manner. Further, this studyemploys twoapproaches, namely: qualitativeandquantitative. Qualitativeapproachis usedtorevealthe process ofgovernance implementationof ADD, while thequantitative approachis usedtodetermine the effectof ADDonthe localeconomy development.The results concludedthat: (1) In principle, the implementationof ADDstill containsa lot ofproblemsboth in theadministrativelevelas well asthe appearance ofa conflict of interestin thepoliticaldimension; (2) on theaspectsof planningandimplementation, itis considered to beeffective, andthe performanceneeds to be well maintained, while theperformancereportingaspectsstillneed to be improved; (3) the mostinfluentialvariable on the potential developmentof the villageisthe condition ofinfrastructure, followed by other variables, that is: the implementation ofADD, ADDplanning, and community participation. Keywords: Decentralization, village, Local Economy
Bahl, Roy, 1999, Implementation Rules For Fiscal Decentralization. Working Paper, Georgia State University Berg, Bruce L. 2007. Qualitatave Research methods for The Social Sciences. Sixth Edition. Pearson Educations, Inc. Boston. Bird, Richard M dan Michel Smart, 2001 : 18. Intergovermmental Fiscal Transfer:Some Lesson from International Experience dalam makalah yang disampaikan dalam symposium on Intergovermmental Transfers in Asian Countries : Issues dan Practices, Tokyo. Bird, Richard M. dan Francois Vaillancourt, 2000, DesentralisasiFiskal di Negara-Negara Berkembang,GramediaPustakaUtama, Jakarta
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| Paper Type | : | Research Paper |
| Title | : | "Growth of Fisheries and Its Significance-A Micro Level Study in Baksa District of Assam State (India)." |
| Country | : | India |
| Authors | : | Prithwiraj Swargiary, M.A. (Eco.) |
Abstract: Fishing as an occupation has been in vogue since the time immemorial. Till recently it was reckoned to be a supplementary enterprise practised by fishermen community on subsistence level with little external input (Krishnan et al 2000). But with the changing consumption pattern, emerging market forces and technological developments, fisheries sector in India is undergoing a transformation. Keywords: Fisheries in Baksa District, Problems of Fisheries sector, Causes and Remedial Measures of the problems.
[1]. Barik N.K., Gorai B.K. and Choudhury M.," Impact of Changes in Management Regime on Fisheries: A Temporal Case Study of Dhir Beel in Assam."P 1-10.
[2]. Caddy J.F., Cochrane K.L.," A Review of Fisheries management past and present and some future perspectives for the third millennium." P.1-2
[3]. Dhar Dr. P. K., "Indian economy." P.244
[4]. Datt Ruddar and Sundaram K.P.M, "Indian economy." P. 100
[5]. Kulkarni Dr. Mahesh, "Research Methodology."P. 31-34
[6]. Kumar Anjani, Katiha Pradeep (March 2003), P K Joshi, "A profile of people, Technologies and policies in Fisheries sector in India. P. 1-10"
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| Paper Type | : | Research Paper |
| Title | : | Firm Value and Derivatives Use: Evidence from Nairobi Securities Exchange |
| Country | : | Kenya |
| Authors | : | Salah Abdi Sheikh || Dr. Mouni Gekara || Dr. Willy Muturi |
Abstract: The objective of this study is to explore the influence of firm value on use of derivatives among companies listed at the Nairobi Securities Exchange. Data for this study was obtained through analysis of disclosures in annual reports of quoted companies. Univariate analysis and multivariate analysis with logistic regression was conducted on variables obtained through analysis of past literature. The basic hypothesis of the study was to test whether there is statistical significance to support Market to Book Value Ratio, Tobin Q and Book Value of Sales as proxies for Firm Value. Market to Book Value Ratio and Tobin Q were found to be insignificant. Book Value of Sales proved significant in the analysis. This study concludes that there is inconclusive evidence on firm value as determinant of derivative use. However, the desire to increase Sales is a determinant of derivative use among firms quoted at the Nairobi Securities Exchange. This paper contributes to the debate on the introduction of derivative trading in the Kenyan Securities Exchange. Key Words: Derivatives, Firm Value, Tobin Q,
[1] Froot, K., D. Scharfstein, and J. Stein. (1993). Risk management: coordinating corporate investment and financing policies. The Journal of Finance 48: 1629-1658
[2] Aloo, R. (2011). An exploratory study of currency options in the Kenyan Financial Markets. Unpublished, MBA Thesis, United States International University, Nairobi.
[3] Stulz, R.M. (2004). Should we fear derivatives?. Journal of Economic Perspectives, 18(3): 173-192
[4] Bartram, S., Brown G.W. and Fehle F. (2009). International evidence on financial derivatives usage. Financial Management, 38(1): 185-206.
[5] Sharpe W. F. (1964), A Theory of Market Equilibrium under Conditions of Risk, The Journal of Finance, Vol. 19, No. 3 pp. 425-442
[6] Lintner, J. (1965). "The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets" Review of Economics and Statistics. 47:1, pp. 13–37.
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| Paper Type | : | Research Paper |
| Title | : | International Public Sector Accounting Standards and Financial Reporting in Nigeria: Answers to Implementation Questions |
| Country | : | India |
| Authors | : | Almustapha Aliyu Alhaji || Aliyu Balarabe |
Abstract: In an attempt to put in place a practice that is considered new, certain questions will constantly emerge in a bid to getting it right. This is due largely to complications that may result from transitioning to the new practice, using literature, this paper discovered that albeit with varying degrees of gaps, the government sector stands to face a lot of challenges due to incapacity i=on the part of its work force hence the need to develop an accounting manual which will integrate the basic requirement and treatment of some key transactions in line with the IPSAS. Countries such as Switzerland, New Zealand, and South Africa have already made it and taping experience and lessons from these countries will be of help to Nigeria to fast track the adoption process of IPSAS
Keywords: Accrual system, Financial statements, Implementation, IPSAS, and Reporting system,
[1]. Achua, J. K. (2009). Reinventing Governmental Account-ingfor Accountability Assurance in Nigeria. Nigeria Re-search Journal of Accountancy, 1(1): 1-16
[2]. Ernst and Young, (2013).A snapshot of GAAP differences between IPSAS and IFRS. EYGM Limited www.ey.com
[3]. HayfronAboagye, (2013). Adoption of IPSAS in Ghana: Prospects, Challenges and the way forward. Price water house Cooper, No. 12 Aviation Road 3rd Floor, Una Home Airport City Accra. Email: hayfron.aboagye@gh.pwc.com
[4]. Ijeoma. N. B. and Oghoghomeh. T, (2014). Adoption of International Public Sector Accounting Standards in Nigeria: Expectations, Benefits and Challenges
[5]. International Federation of Accountants (2005).Being a research report of the International Public Sector Accounting Standards (IPSASs) and Statistical Bases of Financial Reporting: An Analysis of Differences and Recommendations for Convergence. International Federation of Accountants, New York, http://www.ifac.org
[6]. Olakunori, O.K. (2008). Evaluation of Public Sector Accounting: Theory, Analysis &Strategies, Ibadan: Muonaga publications.
[7]. Paul P. (2014). Global Accounting Standards— From Vision to Reality: Assessing the State of IFRS Adoption, Jurisdiction by Jurisdiction. CPA journal
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| Paper Type | : | Research Paper |
| Title | : | The Impacts of Health and Education Components of Human Resources Development on Poverty Level in Nigeria, 1980-2013. |
| Country | : | Nigeria |
| Authors | : | Charles Uche Ugwuanyi (Ph.D) |
Abstract: An investigation of the effects of health and education components of human resources development on poverty level in Nigeria was carried out in this paper by employing cointegration test and VECM, using the data of annual time series for the period 1980-2013. The findings reveal the existence of 8 cointegrating vectors which show a long-rum relationship among the variables. The VEC result on health component shows that the variables (HEXP, LR, and FR) have no significant impact on poverty level in Nigeria. The VEC result on education component shows that the variables (EEXP, PER, and SER) have no significant effect on poverty level in Nigeria. In contrast, only the TER that is statistically significant with t-statistic and p-value -2.142393 and 0.0421 respectively.
1]. N. A. Ayara, The paradox of Education and Economic growth in Nigeria;An empirical evidence in human resource development in Africa. 26 Selected papers for the year 2002 Annual Conference, the Nigerian Economic Society (NES), part five, 2002, 371-393
[2]. A. S. Bakare, The growth Implications of Human Capital Investment in Nigeria: An empirical study. Journal of Economics and Social Studies, University of Ado-Ekiti. 2(1), 2006.
[3]. H. Lawal, and T. Wahab, Education and Economic Growth: The Nigerian Experience. Journal of Emerging Trends in Economics and Management Sciences, 5(3), 2011.
[4]. F. H. Harbison, Human Resources as the Wealth of Nations New York: Oxford University Press, (1973).
[5]. A. Kayode, T. J. Kajang, and S. F. Anyio, Human Resource Development and Educational Standard in Nigeria. Global Journal of Human, Social Science Linguistics & Education vol.13 (7) version 1.0 year 2013. Publisher: Global Journals INC. (USA). Online. ISSN: 2249-460x & print ISSN: 0975-587x
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| Paper Type | : | Research Paper |
| Title | : | Measurement and Identification of Poverty in Preparation for the 'World we want after 2015' |
| Country | : | Nigeria |
| Authors | : | Oloni, Elizabeth Funlayo (Phd) || Alao, Esther Monisola Phd || Omotoso Hephzibah Toniloba, Obasaju || Barnabas Olusegun |
Abstract: The main objective of the research work was to review the different measure of poverty with a view of highlighting the best that can be used to identify the poor in the society for proper poverty alleviation policy implementation in both rural and urban areas of Nigeria. To achieve this primary data were collected from Egbeda Local Government Area, Ibadan, Oyo State, Nigeria. Questionnaires were administered to 200 household heads but 140 questionnaires were successfully returned. The data collected through the administration of questionnaires were analyzed using the Multidimensional Poverty Index (MPI) approach in line with Alkire-Foster Multidimensional measurement. The testing was done at 33.33% deprivation level of multidimensional poverty.
[1]. Alkire, S. & Foster, J.E. (2015). Journal of Public Economics. Counting and Multidimensional Poverty Measurement. doi:10.1016/j.jpubeco.2010.11.006
[2]. Alkire, S. & Santos, M.E. (2010). Acute Multidimensional Poverty: A New Index for Developing Countries, p. 6. Retrieved from http://www.ophi.org.uk/acute- multidimensional-poverty-a-new-index-for-developing-countries/
[3]. Alkire, S. & Santos, M.E. (2011). Training Material for Producing National Human Development Reports.
[4]. Alkire, S. & Santos, M.E. (2015). Multidimensional Poverty Index: A New Approach to Global Poverty.
[5]. Alkire, S., Foster, J.E., Seth, S., Santos, M.E., Roche, J.M. & Ballon, P. (2015). Multidimensional Poverty Measurement and Analysis Chapter 5-The Alkire-Foster counting methodology.OPHI working paper No 86.
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| Paper Type | : | Research Paper |
| Title | : | The Effect of Working Capital Management on Profitability of Cement Manufacturing Companies in Kenya |
| Country | : | Kenya |
| Authors | : | Kioko Collins Wanguu || Sitienei Edwin Kipkirui |
Abstract: Working capital management is concerned with short-term investment and financing decision of an entity and is a major business requirement and a significant part of corporate finance. Thus, this study sought to examine the effect of working capital management on profitability of cement manufacturing companies in Kenya. The study used a sample of the 3 cement manufacturing firm listed at the Nairobi Securities Exchange. The study used secondary data from the cement manufacturing companies' audited financial statements for a period of 15 years from 2000 – 2014. The data collected was analyzed using the Karl Pearson correlation and the multiple linear regression.
[1]. Akoto, R. K., Awunyo, V. D. & Angmo, P. L. (2013). Working capital management and profitability: Evidence from Ghanaian listed manufacturing firms. Journal of Economics and International Finance, 5(9), 373-379.
[2]. Arabahmadi, A. & Arabahmadi, F. (2013). The Role of Working Capital Management in Automobile Industry in Iran. International Research Journal of Applied and Basic Sciences, 4 (9), 2491-2493
[3]. Babalola, Y. A. (2013). The Effect of Firm Size on Firms Profitability in Nigeria. Journal of Economics and Sustainable Development, 4(5), 90-94
[4]. Becker-Blease, J. R., Kaen, F. R., Etebari, A. & Baumann, H. (2010). Employees, Firm Size and Profitability in U.S. manufacturing industries. Investment Management and Financial Innovations, (7)2, 7-23
[5]. Dyer & Blair Investment Bank Ltd (2012). Kenya Cement Industry Brief Overview—21st December 2012: Nairobi, Dyer & Blair Investment Bank Ltd.
[6]. Egbide, B. Uwuigbe, O. & Uwalomwa, U. (2013). Liquidity Management and Profitability of Manufacturing Companies in Nigeria. IOSR Journal of Business and Management, 9 (1), 13-21
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| Paper Type | : | Research Paper |
| Title | : | Nature of Development Caused by Remittances in the Education sector of Bangladesh |
| Country | : | Bangladesh |
| Authors | : | Tanveer Mahmood |
Abstract: Since remittances contribute a lot to the economic growth of a country, it can be hypothesized that there is a positive relation between the remittances and development in the education sector, but how the development is occurring? Which socio-economic phenomena are influencing this development? Is the relationship such proportional? What is the future of this ongoing development? How will it be a contributor to sustain the development? This paper will try to deal with the above mentioned questions and thus the nature and in some cases dynamics of the development will be analyzed and afterwards it's hoped that the analysis will contribute to the knowledge of the micro-level impacts of remittances.
Keywords: development, education sector, micro-level impacts, nature of development
[1] Bangladesh Development Research Working Paper Series (BDRWPS) BDRWPS 19 (January 2014) Relationship between Remittances and Economic Growth in Bangladesh: An Econometric Study, Kanchan Datta University of North Bengal and Bimal Sarkar Bangabasi Morning College.
[2] ASA University Review, Vol. 4 No. 1, January–June, 2010 Migrant Workers Remittance and Economic Growth: Evidence from Bangladesh ,Md Shoaib Ahmed.
[4] Dorentes, C., and Pozo, S., (2010), "Accounting for remittances and migration effect on children‟s schooling", San Diego State University and Western Michigan University, 2010.
[5] Calero, C., Bedi A, and Sparrow, R., (2009), "Remittances, Liquidity Constraints and Human Capital Investments in Ecuador," World Development. [6] UNDP, USAID, (2010), "Kosovo Remittance Study 2010", UNDP, Kosovo. [
7] Remittances in Development (FINANCE & DEVELOPMENT, December 2009, Volume 46, Number 4)
[8] Bangladesh Expatriate Workers and their Contribution to National Development (Profile of migration, remittance and impact on economy), Bureau of Manpower Employment and Training.
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| Paper Type | : | Research Paper |
| Title | : | The Implementation of Pancasila Economic System in Economic Learning At Faculty of Economics State University of Makassar |
| Country | : | Indonesia |
| Authors | : | Muhammad Ilyas Thamrin Tahir |
Abstract: Pancasila economic system is a learning containing messages of 1945 constitution. Nowadays, the economic learning process tends to based on classical economy, capitalism, and liberalism. The present study aims at obtaining depth information regarding to lecturers and students' understanding of the implementation of Pancasila economic system in economic learning at Faculty of Economics State University of Makassar. The study employs qualitative approach and included as phenomenology qualitative. The data of the study is obtained through the lecturers and students of Faculty of Economics State University of Makassar. The data collection includes observation, interview, and documentation. The data analysis employed is inductive qualitative descriptive analysis.
[1]. Asshiddiqie, Jimly. 2010. Konstitusi Ekonomi. Jakarta: Kompas.
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[5]. Gunadi, Tom. 1995. Ekonomi Dan Sistem Ekonomi Menurut Pancasila dan UUD45. Bandung: Angkasa.