Journal of Investment Management最新文献

{"title":"Decentralization Education System and Its Effects on Teachers Performance","authors":"Sadia Shabbir, I. Ahmed, Muhammad Imran","doi":"10.11648/J.JIM.20170603.11","DOIUrl":"https://doi.org/10.11648/J.JIM.20170603.11","url":null,"abstract":"In this world, just those countries have survived and contended with challenges which have a quality and sound training framework. The nature of training relies upon use of labor and inspiration level of organization and educators. The education system throughout the world has been changed by the passage of time. Unfortunately, Pakistan government not gives proper attention to the education sector. After the creation of fifty-four years of Pakistan the decentralization education system introduced by the military government and some power has been devolved to at local level. This study conducted in district Lodhran (Punjab). The qualitative study method and convenient sampling technique was used to get the data. The present study main aim to know how decentralization education system affects the teacher and school performance and what role of the politician is negative or positive. Finally, in conclusion putting some suggestions that how to make the performance of teachers fruitful for education system and how local representatives play their positive role to provide the standard education to people.","PeriodicalId":42560,"journal":{"name":"Journal of Investment Management","volume":"6 1","pages":"75"},"PeriodicalIF":0.8,"publicationDate":"2017-08-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42817147","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}

{"title":"Linking Protestant Work Ethic to Workplace Ostracism: The Mediating Effect of Subjective Well-Being","authors":"Suchuan Zhang, Qiao Shi","doi":"10.11648/j.jim.20170602.12","DOIUrl":"https://doi.org/10.11648/j.jim.20170602.12","url":null,"abstract":"In this study, the present paper examined the relationship between Protestant Work Ethic (PWE) and Workplace Ostracism by focusing on the mediating effect of Subjective Well-Being (SWB) which is a construct with three components that include life satisfaction, positive affect and negative affect. Our theoretical model was tested using data collected from employees in different firms from different provinces in China. Analyses of multisource and lagged data from 677 employees indicated that as predicted, life satisfaction, positive affect and negative affect mediate the relationship between PWE and Workplace Ostracism. Theoretical and practical implications are discussed.","PeriodicalId":42560,"journal":{"name":"Journal of Investment Management","volume":"6 1","pages":"66"},"PeriodicalIF":0.8,"publicationDate":"2017-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43424801","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}

{"title":"The Research of Corporate Governance, Industrial Over-investment and Corporate Over-investment","authors":"Suhua Tian, Ping Ye, Ke Gao","doi":"10.11648/J.JIM.20170601.19","DOIUrl":"https://doi.org/10.11648/J.JIM.20170601.19","url":null,"abstract":"The corporate governance of listed companies is the focus and hot spot of financial research in recent years. Using a sample of A-share listed firms in China for the period 2003-2015, the paper investigates corporate governance on the relationship between industrial over-investment and the over-investment. The results show that: (1) The information transparency restrains the positive relationship between industrial over-investment and the next period of over-investment. (2) Major shareholder increases the positive relationship between industrial over-investment and the over-investment.","PeriodicalId":42560,"journal":{"name":"Journal of Investment Management","volume":"6 1","pages":"56"},"PeriodicalIF":0.8,"publicationDate":"2017-06-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45727516","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}

{"title":"Focus on Economic Benefits and the Most Appropriate Strategy of Sericulture in Yuexi Area of Guangdong, China","authors":"Wenchu Li, Yangsheng Zhong, Fangyan Chen, Yeyuan Wang, Yangjin Zhong, Jianrong Lin","doi":"10.11648/j.jim.20170601.18","DOIUrl":"https://doi.org/10.11648/j.jim.20170601.18","url":null,"abstract":"The research team investigated and analyzed the data of Yuexi silkworm rearing area in Guangdong province. Recently, the silkworm rearing farmers averagely got products from mulberry fields by 3547.65kg cocoons per hectare; the incomes rose to ¥73,363.8 (RMB) every hectare per year; for individual, the average income rose to ¥118,02.2 every year. In the five counties of Yuexi silkworm rearing area, the farmers in Huazhou input the least investment so that got higher silkworm diseases but they gained the best ratio of output and input as 365~376%; whereas that in Luoding, Yun’an and Suixi county, the number was 289.1~395%, 231.1~263% and 206.2~255.8%, respectively. However, in Gaozhou county, the farmers invested much more than the other counties which resulted in the lowest lost by silkworm diseases, unfortunately their ratio of output and input was low to 151~164%. Accompanied by the cost rising of agricultural materials and investments, silkworm rearing total cost increased by 16.54% and it cost ¥1,855 every household. The average productive cost account for 46.4% of income. The paper analyzed the situation in Yuexi silkworm rearing area faced, and proposed technical devices to further improve economic effectiveness with low ratio of productive cost which aims to promote quick and stable development of sericultural production.","PeriodicalId":42560,"journal":{"name":"Journal of Investment Management","volume":"6 1","pages":"50"},"PeriodicalIF":0.8,"publicationDate":"2017-03-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43939660","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}

{"title":"Improving Corporate Venture Investment through Strategic Inter-Firms Knowledge Transfer: An Empirical Evaluation of Service Firms in Nigeria","authors":"S. Omale, Marcus Garvey Orji, T. Oladele, K. Olaniyi","doi":"10.11648/j.jim.20170601.17","DOIUrl":"https://doi.org/10.11648/j.jim.20170601.17","url":null,"abstract":"This study examines corporate venture investment performance through strategic inter-firms knowledge transfer: An Empirical Evaluation of Service Firms in Nigeria. Inter-firm knowledge transfer has reward over traditional markets because firm-specific technological capabilities frequently are based on implied knowledge and are subject to considerable doubt regarding their uniqueness and performance. Inter-firm knowledge transfer enables one firm to gain access to key knowledge based capabilities of another without necessarily acquiring that capability. Two research objectives, research questions and hypotheses were formulated respectively in carrying out this inquiry. Data relevant to the study were reviewed using secondary method of data collection while the chief instrument for analytical data collection was questionnaire, which was designed for selected management employees. A sample of 216 employees of service firms in Nigerian pharmaceutical, banking, electrical and general service firms was used to test the framework. The data was analyzed using students ‘t’ distribution test method. The result of the study showed that strategic inter-firms knowledge transfer impact positively on corporate venture performance. It enables one firm to gain access to key knowledge based capabilities of another without necessarily acquiring that capability. When we examine corporate venture investment through strategic inter-firms knowledge transfer one will certainly conclude that, the primary objective of conducting knowledge transfer activities is to retain and manage various knowledge types that can be used to inform decision making and problem solving. Finally, it was recommended that, Firms should identify the knowledge holders within their organization and motivating them to share their knowledge to enhance it investment and performance.","PeriodicalId":42560,"journal":{"name":"Journal of Investment Management","volume":"6 1","pages":"44"},"PeriodicalIF":0.8,"publicationDate":"2017-03-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43482736","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}

{"title":"Pavlopetri, the World’s Oldest Submerged City: Analysis of Dive Tourism Perspectives Development in the Region Through S. W. O. T Analysis","authors":"George Kipreos, P. Konstantinakos, Ioanna Anagnostopoulou, Anastasia Perrea, S. Kaprinis","doi":"10.11648/J.JIM.20160506.25","DOIUrl":"https://doi.org/10.11648/J.JIM.20160506.25","url":null,"abstract":"Greece is considered to be one of the most popular worldwide tourism destinations, since it is ranked in the 15th position of the world host countries for the year 2015. Despite the industry’s dynamism, inherent weaknesses of Greek tourism products, such as seasonality, geographical distribution, saturation of popular island areas and tourist products single cultivation, are an obstacle to the areas’ sustainable development. Repositioning of Greek tourism in the international market may take place by utilizing alternative forms of thematic tourism. Scuba diving as an alternative tourism form may be a relevant and a decisive development factor and may offer the advantage of innovation by creating new tourism products. In this current study the development prospects of diving tourism through the creation of a diving center in Peloponnese’s Pavlopetri, the oldest submerged city in the world, have expanded. The prehistoric city of the Early Bronze Age can highlight the area as a new tourism destination and win the attributed share of the market. For imprinting the current situation and for developing a strategic plan, S. W. O. T. Analysis was conducted, which is considered to be a tool that analyzes the internal and external environment and reflects to the potential strengths and weaknesses of Pavlopetri as well as the opportunities and potential threats that exist in the tourism industry environment in the wider region of Peloponnese. Furthermore, interviews of the areas’ institutional and professional authorities support the opinion that there could be multiple benefits from the sustainable development of the region, through the creation of a thematic diving park, the protection of remarkable prehistoric characteristics and through the promotion of the cultural heritage. In conclusion, it is supported that as the global market continuously seeks differentiated tourism products, the Peloponnese region can become a quality tourism destination, highlighting different ways of tourism approach through scuba diving and sports recreation activities.","PeriodicalId":42560,"journal":{"name":"Journal of Investment Management","volume":"5 1","pages":"199"},"PeriodicalIF":0.8,"publicationDate":"2017-01-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41576712","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}

{"title":"The Impact of Corporate Social Responsibility (CSR) on National and International Corporations Prevailing in Bangladesh: A Comparison of CSR on the Basis of Carroll’s Pyramid","authors":"A. Hossain, K. Bashar, Behzad Noor","doi":"10.11648/J.JIM.20170601.12","DOIUrl":"https://doi.org/10.11648/J.JIM.20170601.12","url":null,"abstract":"This research paper examines how the National and International companies manage Corporate Social Responsibility (CSR) in Bangladesh. It considers how the concept has come to be framed within business in Bangladesh, which is increasingly globalized. In looking at how CSR practices are being adopted and adapted by National and International companies in Bangladesh, we can begin to see what implications arise from the fact that CSR is a Western-led concept and Bangladesh can be thought to be lagging behind in its understanding and adoption of CSR as companies do not necessarily state their policies in such a formal extent that is expected. The study comprises the impact of CSR of the National and International corporations on the basis of Carroll’s pyramid. In this study we have considered two companies for making comparisons; one is SQUARE Bangladesh Ltd. as the national company and another is Unilever Bangladesh Ltd. as the multinational company.","PeriodicalId":42560,"journal":{"name":"Journal of Investment Management","volume":"6 1","pages":"6"},"PeriodicalIF":0.8,"publicationDate":"2017-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"64818652","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}

{"title":"Relationship Between Capital Structure and Profitability, Evidence From Listed Energy and Petroleum Companies Listed in Nairobi Securities Exchange","authors":"Peter Njagi Kirmi","doi":"10.11648/J.JIM.20170605.11","DOIUrl":"https://doi.org/10.11648/J.JIM.20170605.11","url":null,"abstract":"Capital structure is the mix of debt and equity that the firm uses in its operation. Managers utilize most of their substantial time in attempting to find the perfect capital structure in terms of risk/reward payoff for shareholders. This is true for both large and small companies trying to strategize on how much of equity and debt to be used without putting the business at risk. The main objective of this study was to determine the relationship between capital Structure and profitability of listed energy and petroleum companies in Kenya by establishing the relationship between long-term and short-term debts with profitability and its effects. Descriptive and causal research designs were used. The study target population was four energy and petroleum companies listed in NSE that operates in Kenya. A census all the 4 energy and petroleum companies listed in the Nairobi securities exchange was used. Secondary data used for data analysis was obtained from the companies financial statements for a period of five years from 2012 to 2016. Data analysis was done using inferential statistics using SPSS. The study established a strong positive relationship between short term debt and ROA and an average negative relationship between Long term debts and ROA and a weak positive relationship between total debt and ROA. Both the short term and long term debts were found to have no significant effect on ROA at 5% level of significance.","PeriodicalId":42560,"journal":{"name":"Journal of Investment Management","volume":"6 1","pages":"97"},"PeriodicalIF":0.8,"publicationDate":"2017-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"64818614","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}

{"title":"Empirical Analysis of Fuzzy Synthetic Evaluation of Enterprises’ Financial Risks","authors":"Yong-Yeon Ji","doi":"10.11648/j.jim.20160506.22","DOIUrl":"https://doi.org/10.11648/j.jim.20160506.22","url":null,"abstract":"It is very important for enterprises to know how much financial risks themselves can bear, which is benefit for enterprises to avoid financial risks turning into financial crisis. How to recognize and evaluate financial risks become the most significant problem when operate enterprises. At the same time, make good use of financial risks also become an important content of the risk management object. The paper builds up financial risks index system of enterprises, which is feasible by using the fuzzy synthetic evaluating model. This method make up for tradition method pay more attention to quantitative index, and the accuracy is better than the tradition method. Moreover, this method can adjust the index system and the weight to adapt different industry, and also have the expansion.","PeriodicalId":42560,"journal":{"name":"Journal of Investment Management","volume":"5 1","pages":"184"},"PeriodicalIF":0.8,"publicationDate":"2016-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"64817980","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}

{"title":"Microcredit and Women Empowerment in Kabartonjo Division: Baringo County, Kenya","authors":"Irene J. Cheptumo","doi":"10.11648/J.JIM.20160506.21","DOIUrl":"https://doi.org/10.11648/J.JIM.20160506.21","url":null,"abstract":"Women empowerment is a theme which has attracted interest from various organizations, government agencies and individuals from all sectors of the Kenya national economy. The study sought to establish the role of microcredit institutions on women empowerment in terms of credit and cost of microcredit. The study used both primary and secondary data. Primary data was collected through field research using questionnaire and interview schedule, while secondary data was collected from performance records. The study employed explanatory research design. The population of the study comprised of 514 women and 3 microcredit institutions in Baringo County, Kenya. Random sampling method was used to select the respondents. The respondents comprised of members of the women groups and both managers and employees of the microcredit institutions. Data was analyzed using both descriptive and inferential statistics mainly measures of central tendencies, regression, analysis of variance and correlation. Statistical Package for Social Sciences (SPSS) was used to ease analysis. The study found positive significant relationship between access to microcredit and women empowerment (β=0.771, p-value=0.000 and R square=0.694 or 69.4%). The study also found positive significant relationship between cost of credit and women empowerment (β=0.604, p-value=0.005 and R square=0.765 or 76.5%). The results suggest that microcredit significantly influence women empowerment.","PeriodicalId":42560,"journal":{"name":"Journal of Investment Management","volume":"5 1","pages":"171"},"PeriodicalIF":0.8,"publicationDate":"2016-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"64817806","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}