IOSR-JEF   Volume-7 ~ Issue-5 ~ Sep-Oct 2016

Abstract: Development is a tool used to archieve the goals of the nation and the economic growth is one indicator to assess the success of the development of a country. Economic growth has been and will remain to cornerstone of poverty reduction. This study analysis the poverty and Human Develpment Index (HDI) of East Java Province by using cointegration test. The time frame of this study began in 2005-2014. The scope of this study conducted in 38 districts/municipalities in East Java Province. In general HDI variable inrease, while the variable of poverty has decreased in East Java Province during the period 2005-2014.

Keywords:Poverty, Human Development Index, Cointegration Test.

Abstract: In this paper, we study the dynamics of the Moroccan stock index the MASI as well as six Moroccan companies among the biggest market capitalizations. For this purpose, we characterize these dynamics by holding a particular class of the non-linear models, namely, the models with smooth transition « STAR » which are able to reproduce the switching regimes in the presence of transaction costs and in the presence of heterogeneous anticipations of the investors. The estimations done, conjugated to the theoretical framework, highlight the superiority of the process SETAR with regard to the linear model to reproduce the dynamics of the stock-exchange yields of the Moroccan companies, and to question the hypothesis of efficiency of financial markets..........

Keywords: Non Linear Model- Switching Regime Model - Efficiency of financial markets.

Abstract: This study examines whether economic stability in Indonesia capable predicted by the model Mundell-Fleming. Prediction proxy stability of the interaction of fiscal and monetary policy. During Indonesia's economic stability is largely determined by the strength of economic fundamentals, while economic fundamentals are strongly influenced by fiscal and monetary policies. Therefore flemming Mundell predicts how strong the economic stability in Indonesia ?, the statement in the analysis by using a long-term predictions are Vector Autoregression. Research findings indicate patterns of interaction predictions variety of fiscal and monetary policy, both short term, medium term and long term. It turned out that fiscal policies are derived from taxes are more effective than government spending to control economic growth, investment and inflation, but government spending is more effective to control the exchange rate. The monetary policy of interest rates more effectively control the exchange rate and inflation, while the money supply is more effective in controlling the growth of economy and investment..........

Keyword: Mundell-Fleming, Macroeconomic Stability, Fiscal Policy, Monetary Policy.

Abstract: This study evaluated the financial contributions of tourism to the gross domestic product of Nigeria from 2000-2015. To achieve the study objectives, ex-post facto research design was adopted and secondary data were collected. Data collected were analyzed using ordinary least square multiple regression technique. This was aimed at determining the cause-effect relationship between financial contributions of Tourism Sector to gross domestic product of Nigeria within the period under review. Results obtained from the analysis showed that there is a significant relationship between financial contributions of Tourism Sector to gross domestic product of Nigeria...........

Keyword: Tourism growth, Gross domestic product, Hospitality industries, Tourist, Tourist destination, Tourism expenditure

Abstract: The corporate governance concept has a great importance due to the financial declines and economic crises which several states have witnessed in the money markets and corporations located in a number of states in East Asia, Latin America and Russia during the 1990s of the twentieth century. Furthermore, the US economy has lately witnessed financial and accounting declines and the world financial crisis of 2008-2009 whose one of its most important reasons is related to the lack of transparency and disclosure of the financial and accounting data of a number of corporations and economic units of the money markets............

Abstract: Investors in the stock market in the study area have exhibited some significant trends regarding their preferences for investment. The study has covered 600 selected investor-respondents consisting of 482 male investors and 118 female investors in selected district head quarters of North Karnataka region. The major socio-economic profile of the respondents related to their sex, age categories, educational status, occupation, income groups and duration of experience in stock market..........

Keyword: Investment, preferences, midcaps, small caps

Abstract: The main objective of this study is to evaluate the effect of independent audit quality and ownership structure on earnings management. In this study, independent audit quality and ownership structureas the dependent variable and earnings management as the independent variable were tested. The research method, in terms of purpose, is functional and in term of method, is descriptive and correlational and also in terms of time, it is a kind of causative research. Data collection method is library and sampling method in recent study is screening that 170 companies had been investigated during the period...........

Keyword: Independent audit quality, ownership structure, earnings management, debt ratio, firm size

Abstract: This paper aims at describing the Bank of "Zakat" eL-Zawa as a potential zakat-based microfinance. eL-Zawa uses the donation from "muzakki" to be its capital and distributes that money to the poor. The contracts of fund distribution are mostly "qardh al-hasan" (free-interest loan) and "mudharabah" (profit-lost sharing). In "qardh al-hasan" program, eL-Zawa distributes the capital to the poor as interest-free loan. Meanwhile, in "mudharabah" version, it provides the capital for the successful members of "qardhul hasan" program to develop their business. Bank of "Zakat" eL-Zawa wants to implement professional system and still keeping its features: helping the poor and avoiding exploitation of the recipients

Keyword: Bank of zakat, microfinance, productive, profit-lost-sharing

Abstract: This paper examines the concept of housing affordability in Yelwa, Bauchi metropolis. 200 questionnaires were administered to the people that reside in the study area. The study found that there is a significant relationship between household income and the amount of money paid for rent. The study further revealed that 74 % of the household spends more than 30 % of their household income on accommodation while 26 % spends less than 30 % of their household income on housing. This percentage is above the universally acceptable standard .This shows that housing is not affordable in the study area

Keyword: Affordable, market , income, household, finance

Abstract: Banks in Nigeria are laying off staff resulting in shoddy services due to inadequate staff. Also the Federal Government of Nigeria inundated with an already high unemployment number (12.1% and 21.5% for youths) is worried and urging banks to reduce the layoff rate. A school of thought (Onuma, 1979), canvasses that provisions of Employment should be deemed a corporate social responsibility for as long as it can afford it. Based on the afore-stated, there is need to examine some big banks in Nigeria...........

Keyword: Earnings, Employment, Labour expenses, Measuring – rod, Social responsibility.

Abstract: This paper investigates the conduct of participants in the retail market for metal products in Kakamega County, Kenya in bid to assess its competitiveness. The primary data used to analyze the market conduct is based principally on a sample of 249 respondents interviewed in 2015 in the Towns of Kakamega and Mumias. Descriptive survey and causal designs were employed due to their suitability in detailing the market conditions and in hypothesis testing. The results indicate that conduct in the retail market for metal products was influenced mainly by product promotion (displaying and giving discounts) and business networks while prices were determined through a mix of strategies including.............

Keyword: Conduct, Participants, Retail Market, Metal Products