International Journal of Accounting and Business Finance最新文献_第4页

Effect of corporate governance on stock return in firms listed in Colombo Stock Exchange 公司治理对科伦坡证券交易所上市公司股票收益的影响

International Journal of Accounting and Business Finance Pub Date : 2022-07-29 DOI: 10.4038/ijabf.v8i1.116

M. Wanniarachchige, L. D. De Silva

引用次数: 0

Accounting information system and financial performance: Empirical evidence on Sri Lankan firms 会计信息系统与财务绩效:斯里兰卡公司的经验证据

International Journal of Accounting and Business Finance Pub Date : 2022-07-25 DOI: 10.4038/ijabf.v8i1.115

S. Thennakoon, N. Rajeshwaran

引用次数: 1

Financial shocks of stock markets and COVID-19 pandemic: an empirical study on Asian countries 股市金融冲击与新冠肺炎大流行:基于亚洲国家的实证研究

International Journal of Accounting and Business Finance Pub Date : 2022-07-25 DOI: 10.4038/ijabf.v8i1.120

P. Pathiraja, J. Kumari

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Empowerment of Rural Entrepreneurs and Influencing Factors for Performing Business in India 赋予农村企业家权力和印度开展业务的影响因素

International Journal of Accounting and Business Finance Pub Date : 2021-12-30 DOI: 10.4038/ijabf.v7i0.112

K. Maran, T. Sivagami, C. Senthilnathan, S. Sankar, V. Hemanthkumar

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The Impact of Macroeconomic Variables on Stock Prices in Sri Lanka: A Bounds Testing Approach 宏观经济变量对斯里兰卡股票价格的影响:一个边界检验方法

International Journal of Accounting and Business Finance Pub Date : 2021-12-30 DOI: 10.4038/ijabf.v7i0.108

S. Francis, N. Ravinthirakumaran, M. Ganeshamoorthy

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Challenges for financial inclusion through microfinancing: the goal incongruence between top management and the loan officers 通过小额融资实现金融包容性的挑战:高层管理人员与信贷员之间的目标不一致

International Journal of Accounting and Business Finance Pub Date : 2021-12-30 DOI: 10.4038/ijabf.v7i2.97

L. Karunaratne, M. Madurapperuma

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Financial performance of listed commercial banks in Sri Lanka: does corporate social responsibility matter? 斯里兰卡上市商业银行财务绩效:企业社会责任重要吗?

International Journal of Accounting and Business Finance Pub Date : 2021-12-30 DOI: 10.4038/ijabf.v7i2.93

H. Jeewanthi, G. Jeewantha, M. Indrani

引用次数: 0

Impact of Financial Literacy on Investment Decisions: Evidence from Individual Investors in Jaffna District 金融素养对投资决策的影响:来自贾夫纳地区个人投资者的证据

International Journal of Accounting and Business Finance Pub Date : 2021-12-30 DOI: 10.4038/ijabf.v7i0.113

S. Balagobei, V. Prashanthan

{"title":"Impact of Financial Literacy on Investment Decisions: Evidence from Individual Investors in Jaffna District","authors":"S. Balagobei, V. Prashanthan","doi":"10.4038/ijabf.v7i0.113","DOIUrl":"https://doi.org/10.4038/ijabf.v7i0.113","url":null,"abstract":"Financially literate individual investors can make smart investment decisions over complex financial scenarios to boost their financial wealth. The aim of the study is to investigate the influence of financial literacy on investment decisions of individual investors in Jaffna district. Further this study explores the impact of financial knowledge, financial behavior and financial attitude on investment decisions of individual investors. Two hundred individual investors in Jaffna district were selected as sample by using random sampling technique and primary data was collected through a structured questionnaire. Financial literacy consists of three dimensions namely financial knowledge, financial behavior and financial attitude whereas investment decisions are measured by accounting information, self/firm-image coincidence, advocate recommendations and personal financial needs. Data was analyzed using the techniques of correlation, regression, t-test and ANOVA. The results reveal that financial literacy significantly positively impacts on investment decisions of individual investors in Jaffna district. The findings recommend the necessity for effective financial literacy programs focusing especially on enhancing financial knowledge, behaviors and attitude to facilitate informed investment decisions of individual investors.","PeriodicalId":198654,"journal":{"name":"International Journal of Accounting and Business Finance","volume":"53 4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127573244","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

Sustainability reporting based on GRI standards and corporate financial performance: a study on selected listed companies in Sri Lanka 基于GRI标准的可持续发展报告与公司财务绩效:斯里兰卡上市公司研究

International Journal of Accounting and Business Finance Pub Date : 2021-12-30 DOI: 10.4038/ijabf.v7i2.99

B. Kowsana, P. Muraleetharan

引用次数: 0

Validity of Fama-French Three Factor Model for Diversified Financial Companies Listed on the Colombo Stock Exchange Fama-French三因素模型对科伦坡证券交易所上市多元化金融公司的有效性

International Journal of Accounting and Business Finance Pub Date : 2021-12-30 DOI: 10.4038/ijabf.v7i0.109

Prasanna Madhuranthagan, K. Shantha

{"title":"Validity of Fama-French Three Factor Model for Diversified Financial Companies Listed on the Colombo Stock Exchange","authors":"Prasanna Madhuranthagan, K. Shantha","doi":"10.4038/ijabf.v7i0.109","DOIUrl":"https://doi.org/10.4038/ijabf.v7i0.109","url":null,"abstract":"This study aims to test the validity of the Fama and French Three-Factor Model (FF3FM) in explaining the cross-sectional variation in stock returns of the diversified financial companies listed on the Colombo Stock Exchange (CSE). It adopted the Fama and French (1992) approach to construct the portfolios. Accordingly, six portfolios were constructed using a 2x3 annual sorting procedure based on market capitalization and book to market equity ratio. The sample period spans for five years, from April 2014 to March 2019 and the sample is included 37 diversified financial companies listed on the CSE. The data analysis is based on both descriptive statistics and inferential statistics which are derived on correlation analysis and multiple regression analysis. The results indicate that FF3FM performs well in explaining cross-sectional variation in stock returns. All three factors of the model market risk premium, size premium, and value premium exhibit significant relations with excess portfolio returns. The study also finds that market risk premium is the most prominent factor of the model, while the other two factors share equal explanatory power. The results further confirm that FF3FM outperforms Capital Assets Pricing Model (CAPM) in explaining cross-sectional variation in stock returns. The study supports the prediction of Fama French (1992) that high BE/ME ratio portfolios outperform the portfolios with low BE/ME ratios. Considering these findings, it is recommended that, in addition to stock beta, size and value information should be made available to stock investors for conducting better assessment of uncertainties associated with investment returns.","PeriodicalId":198654,"journal":{"name":"International Journal of Accounting and Business Finance","volume":"44 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125129186","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