Business and Economic Horizons最新文献_第10页

Exchange rate volatility and financial performance of agriculture firms in Malaysia: An empirical analysis using GARCH, wavelet and system GMM 汇率波动与马来西亚农业企业财务绩效:基于GARCH、小波和系统GMM的实证分析

Business and Economic Horizons Pub Date : 2017-01-01 DOI: 10.15208/BEH.2017.29

Reaz, Fauziah Mahat, Ahmed Mohamed Dahir, Mohammad Sahabuddin, Abu Saad Md Masnun Al Mahi

引用次数: 4

Corruption, governance and tax revenues in Africa 非洲的腐败、治理和税收

Business and Economic Horizons Pub Date : 2017-01-01 DOI: 10.15208/BEH.2017.31

Manamba Epaphra, J. Massawe

{"title":"Corruption, governance and tax revenues in Africa","authors":"Manamba Epaphra, J. Massawe","doi":"10.15208/BEH.2017.31","DOIUrl":"https://doi.org/10.15208/BEH.2017.31","url":null,"abstract":"In this paper we analyze the effects of institutional variables (corruption and governance), structural variables (per capita income, trade openness, inflation and share of agriculture in GDP), and policy variables (tax rate and tariff rate) on total tax revenues, direct taxes, indirect taxes and trade taxes using panel data set for 30 African countries over the 1996-2016 period. All estimates are based on fixed effects (FE) and random effects (RE) models. Using Hausman test, RE is earmarked to be the more preferred model in this paper. The RE regression results show that corruption and governance are two main determinants of tax revenues in Africa. While corruption has a significant negative effect on tax revenues, good governance measured in terms of government effectiveness, regulatory quality, rule of law and voice and accountability tends to raise tax revenue generation and in particular, indirect taxes. In the same vein, governance in form of political stability tends to have a very significant effect on direct taxes and international trade taxes. The basic intuition behind these results is that higher institutional capacity and lower corruption enhance tax revenue generation in the economy. Intriguingly, empirical results show that tariff rates tend to have a strong negative effect on total tax revenue but at the same time they have a strong positive effect on trade tax revenue. Moreover, trade openness tends to have a strong positive relationship with tax revenue. Overall, results suggest that to raise more tax revenue, governments should reduce corruption, improve tax and customs administration and raise revenues from tax categories that are less susceptible to corruption. They should as well enhance trade openness.","PeriodicalId":43750,"journal":{"name":"Business and Economic Horizons","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2017-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"67083039","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: 25

Analysis of the impact of select macroeconomic variables on the Indian Stock Market: A heteroscedastic cointegration approach 选择宏观经济变量对印度股市的影响分析:异方差协整方法

Business and Economic Horizons Pub Date : 2017-01-01 DOI: 10.15208/BEH.2017.09

Naushad Alam

引用次数: 14

Financial literacy and financial planning: Implication for financial well-being of retirees 财务知识和财务规划:对退休人员财务福利的影响

Business and Economic Horizons Pub Date : 2017-01-01 DOI: 10.15208/BEH.2017.17

A. Adam, S. Frimpong, M. Boadu

{"title":"Financial literacy and financial planning: Implication for financial well-being of retirees","authors":"A. Adam, S. Frimpong, M. Boadu","doi":"10.15208/BEH.2017.17","DOIUrl":"https://doi.org/10.15208/BEH.2017.17","url":null,"abstract":"This study examines how financial literacy, financial behaviour, family support (as another source of income), number of dependents, and retirement planning influence on the financial well-being of retirees in Cape Coast Metropolis of Ghana. A cross-sectional survey strategy was employed on 400 respondents randomly selected from 1500 members of the association to analyze the effect of financial literacy, financial behaviour, family support, number of dependents and retirement planning on financial wellbeing. It then tests their hypothesized relationships with the use of Partial Least Squares (PLS), a structural equation modelling technique. The results reveal that financial literacy, retirement planning and family support significantly impact the financial well-being of retirees. More importantly, the effect of family support and retirement planning on retirees’ financial well-being is stronger than the one of financial literacy. The findings imply that finance literacy and retirement planning should be promoted. In addition to policies aimed at bridging social cohesion and promoting family values should not be ignored the maximizing of financial well-being of retirees. The study contributes to the extant literature on financial literacy and provides evidence on the effect of financial literacy and financial planning on the financial well-being of retirees in a developing country. It has also provided support for the need of social cohesion.","PeriodicalId":43750,"journal":{"name":"Business and Economic Horizons","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2017-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"67082550","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: 48

A social breakthrough and an economic slowdown in Ukraine 乌克兰的社会突破和经济放缓

Business and Economic Horizons Pub Date : 2017-01-01 DOI: 10.15208/BEH.2017.41

A. Mostepaniuk

引用次数: 0

Antecedents of Thai Select restaurant brand loyalty in the United Kingdom 英国泰式精选餐厅品牌忠诚度的前因后果

Business and Economic Horizons Pub Date : 2017-01-01 DOI: 10.15208/BEH.2017.33

Puris Sornsaruht, S. Sawmong

引用次数: 5

Do board characteristics and risk management disclosure have any effect on firm performance? Empirical evidence from Deposit Money Banks (DMBs) in Nigeria 董事会特征和风险管理披露对公司业绩有影响吗?来自尼日利亚存款银行(dmb)的经验证据

Business and Economic Horizons Pub Date : 2017-01-01 DOI: 10.15208/BEH.2017.35

M. Kakanda, B. Salim, Sitraselvi Chandren

引用次数: 4

Impact of Green Innovation on the Sustainable Performance of Food Industrial Firms Applying Green Industry Initiatives Under the Green Industry Project of the Ministry of Industry of Thailand 绿色创新对泰国工业部绿色产业项目下实施绿色产业举措的食品工业企业可持续绩效的影响

Business and Economic Horizons Pub Date : 2017-01-01 DOI: 10.15208/BEH.2017.15

Monika Tantayanubutr, Vinai Panjakajornsak

引用次数: 10

Is the price-cost margin affected by the market concentration? Evidence from the Czech food and beverages industry 价格成本边际是否受到市场集中度的影响?来自捷克食品和饮料行业的证据

Business and Economic Horizons Pub Date : 2017-01-01 DOI: 10.15208/BEH.2017.19

I. Blažková, O. Dvouletý

引用次数: 8

Regime switching behavior of Indian VIX and its time dependent correlation with select developed economies 印度波动率指数的制度转换行为及其与特定发达经济体的时变相关性

Business and Economic Horizons Pub Date : 2017-01-01 DOI: 10.15208/BEH.2017.45

J. Chittineni

引用次数: 1