American Journal of Economics and Business Administration最新文献_第9页

Criteria Determining Optimal Portfolio Selection: A Case Study 决定最佳投资组合选择的标准:一个案例研究

American Journal of Economics and Business Administration Pub Date : 2013-04-01 DOI: 10.3844/AJEBASP.2013.120.128

D. Mihail, Hyz Alina, Gikas Grigorios

{"title":"Criteria Determining Optimal Portfolio Selection: A Case Study","authors":"D. Mihail, Hyz Alina, Gikas Grigorios","doi":"10.3844/AJEBASP.2013.120.128","DOIUrl":"https://doi.org/10.3844/AJEBASP.2013.120.128","url":null,"abstract":"The paper examines the evaluation of the significance of the criteria that influence two groups of investors, who reside in different areas of Greece, in selecting their investments: (a) Investors from a metropolitan city (Athens) and (b) investors from regional Greece (Peloponnese). The study is grounded in the current and potential criteria and sub-criteria influencing investors in selecting financial investment products. The methodology applied in order to satisfy the research aims is the Analytic Hierarchy Process (AHP). The quantitative research analysis is based on a sample of data collected via a questionnaire answered by a sample of key experts: Specifically, bank executives specialized in financial investment products. The general conclusions stemming from the comparative study are: Metropolitan city Investors (MIs) are more experienced, more dispassionate, more patient and conservative than the Regional Investors. Furthermore, the MIs are more tolerant, provident and informed. The Regional Investors (RIs) can be perceived as more enthusiastic and interested in taking risks than the MIs, but they also appear to feel less secure when it comes to investing. Future research should address larger number of participants from other metropolitan cities and regions and, eventually, from other countries.","PeriodicalId":169514,"journal":{"name":"American Journal of Economics and Business Administration","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121641759","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

The Factors that Affect the Dividend Policy of the Greek Listed Firms Prior to the Economic Crisis: A Comparison to Nyse, Nasdaq, Norwegian and U.K. Firms" 经济危机前影响希腊上市公司股利政策的因素:与纽交所、纳斯达克、挪威和英国公司的比较

American Journal of Economics and Business Administration Pub Date : 2013-04-01 DOI: 10.3844/AJEBASP.2013.139.152

N. Eriotis, P. Kaldis, E. Poutos, D. Vasiliou

{"title":"The Factors that Affect the Dividend Policy of the Greek Listed Firms Prior to the Economic Crisis: A Comparison to Nyse, Nasdaq, Norwegian and U.K. Firms\"","authors":"N. Eriotis, P. Kaldis, E. Poutos, D. Vasiliou","doi":"10.3844/AJEBASP.2013.139.152","DOIUrl":"https://doi.org/10.3844/AJEBASP.2013.139.152","url":null,"abstract":"This study presents, analyzes and compares the factors affecting the dividend policy of the Greek listed firms, prior to the Greek economic crises, to NYSE, NASDAQ, Norwegian and U.K. firms. Our empirical investigation has a dual objective, to record the dividend policy of the Greek firms and to compare their dividend choices to other, more financially mature, markets. We sent to all Athens Exchange listed firms a detailed questionnaire concerning their dividend choices. Our findings proved to be very interesting since the average listed Greek firm shares the same opinion with the average firm of the compared studies in the following areas: Price affection, risk bearing, past dividends’ pattern and agency costs. Some of our findings proved to be quite close with some of the results of the compared studies in the following subjects: The sector of the company, the target payout ratio, the financing ability and the information content of dividends. Finally, some of our findings are in contradiction to some of the results of the previous studies, these are: The impact of taxation on dividends and the legislation framework.","PeriodicalId":169514,"journal":{"name":"American Journal of Economics and Business Administration","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129890831","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The Impact of the Greek Economic Crisis on the Greek Construction Companies. Back to Basics: tHe Statistical Cost Accounting Model 希腊经济危机对希腊建筑公司的影响。回归基础:统计成本会计模型

American Journal of Economics and Business Administration Pub Date : 2013-04-01 DOI: 10.3844/AJEBASP.2013.168.174

Eriotis Nikolaos, Kalantonis Petros, Papadopoulou Eleni, P. Evangelos, V. Dimitrios

引用次数: 2

A Comparative Analysis for the Accounting Reporting of ‘Employee Benefits’ Between IFRS and Other Accounting Standards: A Case Study for the Biggest Listed Entities in Greece 国际财务报告准则与其他会计准则“员工福利”会计报告的比较分析:以希腊最大的上市公司为例

American Journal of Economics and Business Administration Pub Date : 2013-04-01 DOI: 10.3844/AJEBASP.2013.153.167

K. Liapis, E. Thalassinos

{"title":"A Comparative Analysis for the Accounting Reporting of ‘Employee Benefits’ Between IFRS and Other Accounting Standards: A Case Study for the Biggest Listed Entities in Greece","authors":"K. Liapis, E. Thalassinos","doi":"10.3844/AJEBASP.2013.153.167","DOIUrl":"https://doi.org/10.3844/AJEBASP.2013.153.167","url":null,"abstract":"The main aim of this paper is to illustrate a comparative analysis for the accounting reporting of “employee benefits” between the International Financial Reporting Standards (IFRS) and other accounting reporting standards. The empirical analysis is carried out in accordance with the Greek Generally Accepted Accounting Principles (GGAAP), with IFRS, following the implementation of International Accounting Standard (IAS) 19 \"Employee Benefits\" and with the U.S. Financial Accounting Standards (USFAS) 87. The sample consists of the 20 biggest listed entities in the Athens Stock Exchange (FTSE 20 index of the ASE). The contribution of the paper is to review the accounting reporting between different accounting standards, to a great extent, in order to find out the appropriate adjustments that have to be made for the treatment and presentation of employee benefits in the financial statements. The conclusions of the paper would be contributed to debate for the recognition of employee benefits on entities’ accounting statements in a more accurate way.","PeriodicalId":169514,"journal":{"name":"American Journal of Economics and Business Administration","volume":"70 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130814676","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 43

MOBILE BANKING AND SUSTAINABLE GROWTH 移动银行和可持续增长

American Journal of Economics and Business Administration Pub Date : 2013-03-01 DOI: 10.3844/AJEBASP.2013.89.94

A. Srivastava

{"title":"MOBILE BANKING AND SUSTAINABLE GROWTH","authors":"A. Srivastava","doi":"10.3844/AJEBASP.2013.89.94","DOIUrl":"https://doi.org/10.3844/AJEBASP.2013.89.94","url":null,"abstract":"The paper discusses about awareness of mobile banking services and their possible contribution towards sustainable growth. This study attempts to look into the issues regarding mobile banking services and their possible contribution in financial inclusion in India. With the help of this study author tries to focus those areas where banks can provide these mobile banking services. If this service is adopted in a positive manner it can drastically change the scenario of Financial Inclusion. For a successful financial inclusion i.e., inclusive growth, in this era, combination of both the services i.e., banking as well as mobile is very much required. Mobile banking which can be termed as virtual banking can do wonders for the economy, because these days growth in economy is possible with the help of financial inclusion and in current scenario, statistics reveals that it is very easy with the help of mobile banking. This study has been done in two phases. First phase discusses about awareness of M-banking services and Second phase discusses about possible contribution of mobile banking towards financial inclusion. M-banking in India, as assessed by the govt. can work as a potent tool for financial inclusion, is yet to clear many hurdles before it can fulfill its objective of reaching the unbanked population. In fact including rural subscribers in the banking net can help in inclusive growth, as it not very difficult to go for a mobile phone rather than going for a computer in rural areas. This service can do wonders if implemented effectively and sincerely. If any service is provided, there are always two sides, supply side and demand side. M-banking in India, as assessed by the govt. can work as a potent tool for financial inclusion, is yet to clear many hurdles before it can fulfill its objective of reaching the unbanked population. If this service is adopted in a positive manner it can drastically change the scenario of Financial Inclusion.","PeriodicalId":169514,"journal":{"name":"American Journal of Economics and Business Administration","volume":"138 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115265519","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 14

The Impact of Working Capital Turnover on Jordanian Chemical Industries’ Profitability 营运资金周转对约旦化工企业盈利能力的影响

American Journal of Economics and Business Administration Pub Date : 2013-03-01 DOI: 10.3844/AJEBASP.2013.116.119

L. Warrad

{"title":"The Impact of Working Capital Turnover on Jordanian Chemical Industries’ Profitability","authors":"L. Warrad","doi":"10.3844/AJEBASP.2013.116.119","DOIUrl":"https://doi.org/10.3844/AJEBASP.2013.116.119","url":null,"abstract":"The chemical industry is of long-term importance to the maintain development of local economies and consider the largest industrial sectors in Jordan in terms of the exports volume which accomplished JD 1049000S in 2012. Working capital considers being a measure of company’s efficiency and its short-term financial health; moreover, it is a critical component for a business survival and a main item for the hall boost in profitability. While Chemical Industries plays a vital role in Jordanian economic and compose a large portion in the total local output; this study conduct to approve the impact of capital turnover as a measure of efficiency on Chemical companies’ profitability expressed by Return On Assets (ROA). A simple liner regression applied to test a period 2009-2011 in order to conclude the extent of the impact of working capital turnover on Jordanian Chemical industries’ profitability through Return On Assets (ROA). The study showed a significant impact of independent variable working capital turnover on dependent variable return on assets among Chemical Industries listed on Amman Stock Exchange during the period from 2009 to 2011.","PeriodicalId":169514,"journal":{"name":"American Journal of Economics and Business Administration","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133362603","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 8

Exploratory Study of E-Procurement Adoption in Indian and Chinese Companies: Case Study with Innovation Approach 印度和中国企业采用电子采购的探索性研究:基于创新方法的案例研究

American Journal of Economics and Business Administration Pub Date : 2013-03-01 DOI: 10.3844/AJEBASP.2013.107.115

V. R. Salkute, Zonal Manager

引用次数: 10

Musharakah Mutanaqisah Partnership in Malaysia’s Islamic Bank: A Comparison Between Theory and Practice 马来西亚伊斯兰银行的穆沙卡•穆塔纳奇萨合伙:理论与实践的比较

American Journal of Economics and Business Administration Pub Date : 2013-03-01 DOI: 10.3844/AJEBASP.2013.95.106

L. Lung

{"title":"Musharakah Mutanaqisah Partnership in Malaysia’s Islamic Bank: A Comparison Between Theory and Practice","authors":"L. Lung","doi":"10.3844/AJEBASP.2013.95.106","DOIUrl":"https://doi.org/10.3844/AJEBASP.2013.95.106","url":null,"abstract":"Diminishing Musharakah Mutanaqisah Partnership (MMP) contract has been offered by Islamic banks in Malaysia, this study aims to presents the result of a comparison made between the theoretical explanations of how the MMP works and what is actually being done in practice. This study makes use of a qualitative approach in analysing how the MMP works in practice. It then makes a comparison between the MMP as being practiced in real situation and what theoretical writing tells us to expect by analysing an offer letter of a customer of HSBC Amanah Malaysia. Further research is carried out on home financing packages offered by 10 local Islamic banks and 6 foreign Islamic banks by calling the banks and walking into the branches. Our findings reveal that HSBC Amanah Malaysia is using base financing rate replacing the market rental rate of which the base financing rate is the same as base lending rate in the conventional housing loan. In addition, HSBC Amanah also imposes penalty charges on any early settlement and redemption. Other local and foreign banks are also using similar base financing rate to determine the rental rate and only a few of them are not imposing penalty charges on early settlement and redemption. This study provides result that HSBC Amanah’s Home Smart-i facility, the MMP in practice is moving towards a convergence to conventional banking and in fact, there is no difference with conventional housing loan. For HSBC Amanah to truly offer and reflect the principles and tenets behind MMP contracts, it has to make some amendments to the terms and conditions as stated in its offer letter for a diminishing musharakah mutanaqisah partnership contract.","PeriodicalId":169514,"journal":{"name":"American Journal of Economics and Business Administration","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121392723","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 13

Evaluating the Performance of Libyan Banks Using Return on Investment 用投资回报率评价利比亚银行的业绩

American Journal of Economics and Business Administration Pub Date : 2013-02-01 DOI: 10.3844/AJEBASP.2013.84.88

Khalad M. S. Alrafadi, M. Md-Yusuf

引用次数: 6

ESTIMATION AND ANALYSIS OF OUTPUT GAP: AN APPLICATION OF STRUCTURAL VECTOR AUTOREGRESSION AND HODRICK-PRESCOTT-FMETHODS 产出缺口的估计与分析:结构向量自回归和hodrick - prescott - f方法的应用

American Journal of Economics and Business Administration Pub Date : 2012-08-27 DOI: 10.3844/AJEBASP.2012.180.189

S. Khavari, Seyed Hossein Mirjalili

{"title":"ESTIMATION AND ANALYSIS OF OUTPUT GAP: AN APPLICATION OF STRUCTURAL VECTOR AUTOREGRESSION AND HODRICK-PRESCOTT-FMETHODS","authors":"S. Khavari, Seyed Hossein Mirjalili","doi":"10.3844/AJEBASP.2012.180.189","DOIUrl":"https://doi.org/10.3844/AJEBASP.2012.180.189","url":null,"abstract":"In this study we examined output gap in the Iranian economy. The main question of the study is that how much is seasonal output gap in Iranian Economy and which factor affects gap variation. The other question is that whether using HP-F as a statistical based method for estimating output gap, provide different result than using SVAR as theory based method. Accordingly the aim of study is to estimate potential output and thus output gap using two method and analysis of the result. We used two methods (Hodrick-Prescott Filter and SVAR) to estimate quarterly output gap for the period 1988:1-2008:4. The results pointed out that the estimation is not sensitive to the method and there is a close relation between oil revenue and output gap. In the period of 1998:3-1999:3, when oil price reduced to $11.45 per barrel, Iranian economy faced with a recession and it affected on output gap with a lag. Output gap increased from 34818 in 2004:1-76782 million dollars in 2008: 4. The comparison of estimated output gap and changes of oil price in different periods point out the positive relation. According to the estimations of output gap, output gap in the Iranian Economy has intense fluctuation due to the effects of oil proceeds fluctuations. In some years, actual output is more than potential output, that is, output gap is positive and so this situation can be an important reason for inflation in that period and policy maker must do plans and policies for control of inflation and in some years, actual output is less than potential output and this means output gap was negative. This situation is a reason for unemployment in these years and therefore policy makers must do expansionary policies.","PeriodicalId":169514,"journal":{"name":"American Journal of Economics and Business Administration","volume":"79 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-08-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132932242","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0