Version-4 (March-April 2017)
Version 1 Version 2 Version 3 Version 4
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| Paper Type | : | Research Paper |
| Title | : | Shareholder Value Disclosure Practices In India: A Content Analysis |
| Country | : | India |
| Authors | : | Merugu Venugopal || Dr. M Ravindar Reddy |
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: | 10.9790/5933-0802040108  |
Abstract: Many organizations are accepting their goal as shareholder wealth maximization and working towards achieving it to attract long term capital. Financial statements may have become more transparent, but relevant information has become much more difficult to identify the information what shareholders are looking for. This paper addresses on the necessity of creating more transparent information through which companies would benefit in the long term. More than ever, it also raises a question if it is the time to take a step back and consider how an organization can more effectively communicate their business story to better convey shareholder value................
Keywords: Shareholder wealth maximization, Corporate governance, annual reports, vision and mission statements.
[1]. Alhazaimeh, A., Palaniappan, R., & Almsafir, M. (2014). The Impact of Corporate Governance and Ownership Structure on Voluntary Disclosure in Annual Reports among Listed Jordanian Companies. Procedia - Social and Behavioral Sciences, 129(Winter), 341–348. https://doi.org/10.1016/j.sbspro.2014.03.686
[2]. Bart, C. K., & Hupfer, M. (2004). Mission statements in Canadian hospitals. Journal of Health Organization and Management, 18(2–3), 92–110. https://doi.org/10.1108/14777260410538889
[3]. Beck, V., & Britzelmaier, B. (2013). A Value-Based Management Perspective for the Automotive Industry. World Review of Entrepreneurship, Management and Sustainable Development, 9(2), 136–151. https://doi.org/10.1504/WREMSD.2013.052355
[4]. De Beer, E. (2014). Creating value through communication. Public Relations Review, 40(2), 136–143. https://doi.org/10.1016/j.pubrev.2014.02.024
[5]. Dermol, V. (2012). Relationship between mission statement and company performance. Management Knowledge and Learning International Conference 2012, 891–899. https://doi.org/10.2478/v10316-012-0022-9.
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| Paper Type | : | Research Paper |
| Title | : | Impact of Fundamental, Risk and Demography on Value of the Firm |
| Country | : | Indonesia |
| Authors | : | Dompak Pasaribu |
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: | 10.9790/5933-0802040916 |
Abstract: The purpose of this study is to examine the effect of the company's fundamentals (DER and ROA), Systematic risk (beta stocks) and population growth (PP) on firms value (PBV).The sampleswas food and beverage sub-sectors listed in Indonesia Stock Exchange. The sampling technique is purposive sampling. The data used annual data from 2010 to 2015. The analytical method used is multiple regression.The results of this research show that partially Debt Equity Ratio (DER), Return on Assets (ROA) and population growth (PP) positive and significant impact on the PBV while Systematic Risk (Beta Shares) not significant positive effect on the PBV.Simultaneously DER, ROA, Beta Stocks and PP significant effect on PBV. Value Adjusted R Square of 0.859.
Keywords:Corporate Values (Price Book Value / PBV), Debt to Equity Ratio (DER), Return on Assets (ROA), Systematic Risk (Beta Equity) and Population Growth (PG)..
[2]. A. Nurhakim S, I. Yunita And A. Iradianty, "The Effect Of Profitability And Inflation On Stock Return At Pharmaceutical
Industries At Bei In The Period Of 2011-2014," Asia Pacific Institute Of Advanced Research (Apiar) , Vol. 2, No. 2, Pp. 202-210,
2016.
[3]. C. I. Enekwe, C. I. Agu And E. K. Nnagbogu, "The Effect Of Financial Leverage On Financial Performance: Evidence Of Quoted
Pharmaceutical Companies In Nigeria.," Iosr Journal Of Economics And Finance (Iosr-Jef), Vol. 5, No. 3, Pp. 17-25, 2014.
[4]. A. H. Dita And I. Murtaqi, "The Effect Of Net Profit Margin, Price To Book Value And Debt To Equity Ratio To Stock Return In
The Indonesian Consumer Goods Industry," Journal Of Business And Management, Vol. 3, No. 3, Pp. 305-315, 2014.
[5]. D. Martani, Mulyono And R. Khairurizka, "The Effect Of Financial Ratios, Firm Size, And Cash Flow From Operating Activities
In The Interim Report To The Stock Return," Chinese Business Review, Vol. 8, No. 6, Pp. 44-55, 2009..
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| Paper Type | : | Research Paper |
| Title | : | La Micro finance au Nord-Kivu : Aide ou Frein au Développement ? |
| Country | : | Goma |
| Authors | : | Bengeya Machozi Déo || Kanyengele Muganza Michael |
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: | 10.9790/5933-0802041726 |
Abstract: Cet article propose un cadre d'analyse de l'incidence de la situation des crises et faillites des Coopératives d'Epargne et de Crédit (COOPEC) et Institutions de Microfinance (IMF) sur le développement socioéconomique de la population du Nord-Kivu en République Démocratique du Congo. Il met en exergue le volume et la conséquence d'épargnes non désintéressées pendant la crise/faillite des Institutions du Système Financier Décentralisé (ISFD) dont le processus de dissolution a été déclenché et clôturé, ou est en cours.
[1]. BCC, Rapport annuel 2014, Kinshasa, Août 2015
[2]. BCC, Rapports d'activités de la microfinance 2009 à 2014
[3]. BCC, Recueil des textes règlementaires des Coopératives d'épargne et de crédit ainsi que des institutions de microfinance : Instruction n°004 relative aux indicateurs de performance, Kinshasa, Avril 2012
[4]. BÉDÉCARRATS Florent et MARCONI Reynaldo, « L'influence de la régulation sur la contribution de la microfinance au développement : Le cas de la Bolivie », In Revue Tiers Monde 2009/1 (n° 197), pp.71-90
[5]. BOFOYA KOMBA Beaujolais, Statistique pour économiste : Cours et exercices résolus, 2e Edition revue et corrigée, GALIMAGE, Kinshasa, 2010
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| Paper Type | : | Research Paper |
| Title | : | Sustainability of Agricultural Microfinance Institution: Empirical Evidence from Yogyakarta, Indonesia |
| Country | : | Indonesia |
| Authors | : | RetnoSetijowati || Masyhuri || Lestari Rahayu || Jamhari |
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: | 10.9790/5933-0802042735 |
Abstract: Providing sustainable financial services for agriculture continues to be a challenge in spite of billions of dollars having been spent in subsidies to strengthen financial institutions to serve the sector.This study identified factors that influence the sustainability of Agricultural Microfinance Institution (MFI-A) in Yogyakarta, Indonesia. The research applied survey approach by conducting interview towards 111 managers of MFI-Ain Special District of Yogyakarta...............
Keywords: Agricultural Microfinance Institution, sustainability
[1] Ahmed, S.F., Malik, A. Q., Credit Risk Management and Loan Performance: Empirical Investigation of Micro Finance Banks of Pakistan. International Journal of Economics and Financial Issues, 5(2), 2015, 574-579.
[2] Amoah, B.K, , Charles, R.O., Bennet, B., Obenewaa, A.L, Nusenu. A. Risk Management and Its Impact Profitability ini Microfinance Institutions. Joumal SSM 2 (1), 2012, 36-47
[3] Anuchachart, Measuring Performance of Bank of Agricultural and Agricultural Cooperatives (BAAC), Thailand; Relationships Between Institutional Goals And Future Trend. Independent Final Report presented to Professor SUZUKI Yasushi Of Ritsumeikan Asia Pacific University, 2011, r-cube.ritsumei.ac.jp/bitstream/10367/3691/1/52109616.pdf
[4] Asyraf, W.D., Banking for the poor: the role of banking in microfinance initiatives", Humanomics , 24(1), 2008, 49 – 66
[5] Aveh. An Evaluation of How Institutional Characteristics, Agency Cost, Business Strategy and Governance affect Sustainability of Microfinance Institutions in Ghana. International Journal of Advances in Management and Economics 2(1), 2013, 47-60
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| Paper Type | : | Research Paper |
| Title | : | Developing Economies Optimal Exchange Rate Regime: to Float or to Peg for Morocco? |
| Country | : | Morocco |
| Authors | : | Amina Haoudi || Ayoub Rabhi |
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: | 10.9790/5933-0802043648 |
Abstract: One of the most important and recent issues for the last decade in international finance, is the choice of an optimal Exchange Rate Regime for emerging and developing countries, because it stands as the major factor in the drive for economic stability according to different studies. In this context, encouraged recently by the IMF to introduce a greater flexibility to its Exchange Rate Regime, Morocco as a small economy has already started working on the process to establish the new reform in its Exchange Rate Regime, so as pledged, it can reinforce its integration in the international financial system in order to achieve different targets of the economy..............
Keywords: Monetary Policy, Exchange Rate Regime, Reforms, Developing countries, floating, Morocco
[1] Aasim M. Husain, Choosing the Right Exchange Rate Regime for Pakistan. SBP-Research Bulletin, 2 (1), 2006
[2] A. El Bouhadi et al, The Exchange Rate Determinants in Morocco: An Empirical Investigation, 2008
[3] Alexis Cruz-Rodriguez ,Choosing and assessing exchange rate regimes: A survey of literature, Revista de Análisis Económico,
28 (2), 2013, 37-61
[4] Andrés Velaco, Felipe Larrain B, Essays in international economics, Exchange rate policies in emerging markets economies: The
case for floating, Princeton University, (224), 2001.
[5] Cristina Terra (2015) Principles of International Finance and Open Economy Macroeconomics: Theories, Applications, and
Policies, (Broché 2015) –. Chapter: 10.
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| Paper Type | : | Research Paper |
| Title | : | Measuring the Economy in the Digital Age |
| Country | : | China |
| Authors | : | Samantha Sanders |
|
: | 10.9790/5933-0802044950 |
Abstract: When GDP was created it was considered one of the greatest inventions of its time. Whilst it has always garnered some degree of criticism, the rapid emergence of new technologies in recent years has only increased skepticism towards this economic tool. In particular, the 'sharing economy', as well as the relatively wide-range of free goods and services that are available has raised questions about the accurateness of GDP. Ultimately, there is a strong argument in favor of re-addressing how this tool is compiled and how it is used.
Keywords: Digitalization, free products, GDP, globalization, sharing economy
[1]. R.F. Kennedy, Remarks at the University of Kansas, Speech, The University of Kansas, Kansas, March 18, 1968.
[2]. D. Coyle,Why GDP Statistics Are Failing Us, U.S. Chamber of Commerce Foundation.
[3]. P. Wallace, Commentary: The GDP is a grossly defective product. We need to knock it off its pedestal, Reuters, October 20, 2016.
[4]. D. Coyle,Why GDP Statistics Are Failing Us, U.S. Chamber of Commerce Foundation.
[5]. N. Ahmad, P. Schreyer, Measuring GDP in a digitized economy,OECD Statistics Directorate, IMF, 2016.
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| Paper Type | : | Research Paper |
| Title | : | Technical Efficiency, Determinants and Risks of Watermelon Production in Bangladesh |
| Country | : | Bangladesh |
| Authors | : | Bishwajit Sarker || Shankar Majumder || Mst. Asma Khatun |
|
: | 10.9790/5933-0802045159 |
Abstract: The present study is conducted to examine the technical efficiency, identify factors causing inefficiency and assess farmer's perception on major sources of risk in producing watermelon in Bangladesh. In this purpose, a sample of 180 farmers has been selected by multistage stratified sampling technique from Patuakhali district due to the production intensity of watermelon coverage among various districts of Bangladesh. Data on farm-specific characteristics, output, input prices and costs during the production period of December, 2015 to April, 2016 have been collected from watermelon producers. A stochastic frontier production function model is used to analyze..............
Keywords: Technical Efficiency, Stochastic Frontier Function Model, Risk, Watermelon, Bangladesh
[1]. M. G.Rabbany, A. Rahman, S. Afrin, Hoque and F. Islam, Cost of production of watermelon and profitability at Gopalgonj district in Bangladesh, European journal of Banking and Finance, 10(2), 2013, 102-112.
[2]. G. T. Taylor and Shonkwiler , Alternative stochastic specification of the frontier production function in the analysis of agricultural credit programmemes and technical efficiency, Journal of Development Economics, 21(3), 1986, 149-160.
[3]. M. Ali and J. C. Flinn, Profit efficiency among basmati rice producers in Pakistan‟s Punjab, American Journal of Agricultural Economics, 71(2), 1989, 303-310.
[4]. K. P. Kalirajan and R. T. Shand, A generalized measure of technical efficiency, Applied Econometrics, 21, 1989, 25-34.
[5]. B. E. Bravo-Ureta and R. E. Evenson, Efficiency in agricultural production: The case of peasant farmers in eastern Paraguay, Agricultural Economics, 10(1), 1994, 27-37.