Contemporary Economics最新文献_第4页

Impact of Credit Facilities and Contemporary Economic Environment on the Accessibility to Credit of Customers – Case Study In Binh Duong, Vietnam 信贷设施和当代经济环境对客户信贷可及性的影响——以越南平阳为例

IF 2.1

Contemporary Economics Pub Date : 2022-09-06 DOI: 10.5709/ce.1897-9254.485

Nguyen Hong Thu, Dao Le Kieu Oanh, Do Thi Thanh Nhan

引用次数: 0

The Impact of the COVID-19 Pandemic on the Performance and Risk Profile of Airline Stocks COVID-19大流行对航空股业绩和风险状况的影响

IF 2.1

Contemporary Economics Pub Date : 2022-09-06 DOI: 10.5709/ce.1897-9254.481

H. Nguyen, Truc Thi Nha Phan, V. Ngo

引用次数: 0

The Factors of Financial Performance of SMEs (Case of Vietnam) 中小企业财务绩效影响因素分析(以越南为例)

IF 2.1

Contemporary Economics Pub Date : 2022-09-06 DOI: 10.5709/ce.1897-9254.486

H. Vu, Hieu Tran Chi

{"title":"The Factors of Financial Performance of SMEs (Case of Vietnam)","authors":"H. Vu, Hieu Tran Chi","doi":"10.5709/ce.1897-9254.486","DOIUrl":"https://doi.org/10.5709/ce.1897-9254.486","url":null,"abstract":"In the present environment, innovation is now treated as a prime source to earn a competitive edge in the market. Moreover, from a theoretical perspective, the emerging trend towards public relations can also be seen in the prior literature, which adds value to the firm’s financial performance. Along with these practices, recent statistics in the literature showed concern towards the complimentary issue; investment strategies and their impact on firms’ financial performance. Therefore, seeking to extend research by exploring these three constructs altogether, the study attempts to scrutinize the impact of public relations, innovation practices, and investment strategies on SMEs' financial performance in the context of Vietnam. Authors employ both quantitative approaches with primary data to explore subjects and gain insightful information. The primary data has been gathered from the survey with business owners, managers, and officers in 202 SMEs. The results indicate that public relations, innovation, and investment practices have a positive association with SME.s financial performance. The theme of results concludes that public relations are expected in the future virtue to search for the appropriate practices adapting with the digital transformation of media and communication, wherein SMEs ought to have digital literacy and comprehensive knowledge of public relations practices. This also study contributes to the existing literature to both theoretical and managerial approaches for better awareness of public relations, innovation, and investment practice in the research industry setting.","PeriodicalId":44824,"journal":{"name":"Contemporary Economics","volume":"10 2 1","pages":""},"PeriodicalIF":2.1,"publicationDate":"2022-09-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83657507","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

Asymmetric Impact of Exchange Rate Changes on Money Demand in Malaysia 汇率变动对马来西亚货币需求的不对称影响

IF 2.1

Contemporary Economics Pub Date : 2022-09-06 DOI: 10.5709/ce.1897-9254.484

H. Abdullah, Shehu El-Rasheed, Hafizah Hammad Ahmad Khan

{"title":"Asymmetric Impact of Exchange Rate Changes on Money Demand in Malaysia","authors":"H. Abdullah, Shehu El-Rasheed, Hafizah Hammad Ahmad Khan","doi":"10.5709/ce.1897-9254.484","DOIUrl":"https://doi.org/10.5709/ce.1897-9254.484","url":null,"abstract":"The relationship between exchange rate and money demand has long been debated among macroeconomists due to its impact on the stability of money demand and monetary policy. Following the significant depreciation in the currency exchange associated with the political instability in Malaysia in recent years, examining the relationship between exchange rate and money demand is crucial to ensure the monetary policy remains prudent. This study examined the asymmetric impact of exchange rate changes on money demand in Malaysia using both linear and nonlinear ARDL approaches. The findings reveal that the money demand responds asymmetrically to exchange rate changes both in the short and long run, whereby the response to a negative shock (local currency depreciation) outweighs the positive shock (local currency appreciation). The result also suggests that the substitution effects dominate the exchange rate and money demand relationship. Consequently, with the economic and political instability continuing, the currency exchange is expected to depreciate further, contributed by the strong substitution effects. This will greatly affect the stability of money demand and the monetary policy and thereby call upon a policy intervention to strengthen the currency exchange and sustain the long-run economic performance.","PeriodicalId":44824,"journal":{"name":"Contemporary Economics","volume":"69 1","pages":""},"PeriodicalIF":2.1,"publicationDate":"2022-09-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78702590","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 Effect of Political Instability and Institutional Weakness on Administrative Corruption 政治不稳定与制度薄弱对行政腐败的影响

IF 2.1

Contemporary Economics Pub Date : 2022-06-01 DOI: 10.5709/ce.1897-9254.475

Salem A. Al-Jundi, Ahmed Shuhaiber, Shaban S. Al-Emara

{"title":"The Effect of Political Instability and Institutional Weakness on Administrative Corruption","authors":"Salem A. Al-Jundi, Ahmed Shuhaiber, Shaban S. Al-Emara","doi":"10.5709/ce.1897-9254.475","DOIUrl":"https://doi.org/10.5709/ce.1897-9254.475","url":null,"abstract":"Although there is valuable literature on areas of corruption, such as political and corporate corruption, a limited number of papers have examined the determinants of administrative corruption. To the best of our knowledge, the multivariate impacts of political instability and institutional weakness on administrative corruption, and the interplay between these constructs, have not been examined using the partial least squares structural equation modeling method. The current study attempts to fill this gap by proposing and testing a model. We test a sample of 677 responses that reflect the perspective of the general public in Basra, Iraq. Findings reveal that the political instability and institutional weakness of public organizations positively impact administrative corruption, while political instability leads to institutional weakness. Institutional weakness mediates the effect of political instability on administrative corruption. Therefore, political instability is a crucial factor causing corruption since it has both direct and indirect effects on administrative corruption. The theoretical contributions, managerial implications, limitations, and recommendations for further research are provided.","PeriodicalId":44824,"journal":{"name":"Contemporary Economics","volume":"205 1","pages":""},"PeriodicalIF":2.1,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72973262","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

Study of the Skills of Balanced Fund Managers in Poland 波兰平衡型基金经理技能研究

IF 2.1

Contemporary Economics Pub Date : 2022-06-01 DOI: 10.5709/ce.1897-9254.474

D. Żebrowska-Suchodolska, A. Karpio

{"title":"Study of the Skills of Balanced Fund Managers in Poland","authors":"D. Żebrowska-Suchodolska, A. Karpio","doi":"10.5709/ce.1897-9254.474","DOIUrl":"https://doi.org/10.5709/ce.1897-9254.474","url":null,"abstract":"The market timing is one of the active methods used by portfolio managers to do their investments more effective. It allows to separate management skills on a micro and macro scale. The market timing applies to the appropriate selection of assets for the portfolio and the right moment to change its structure. The aim of the presented research was to check whether the managers of balanced open-end mutual funds operating on the Polish market apply market timing skills. Nine balanced funds have been accepted for the research, which have existed since at least 2003 year. The research period covered the years 2003-2019. WIBOR 1M was used as the risk-free rate, and the market factors were the main WSE indexes. The research was first conducted based on basic market timing research models, i.e. the Henriksson-Merton and Treynor-Mazuy. Then, these models were expanded to include factors related to the bond market. The Henriksson-Merton and Treynor-Mazuy models and their extensions with additional factors were compared among themselves. Studies show that models with additional factors have proven to be more appropriate for balanced open-end mutual funds. It has occurred that regardless of the model used, market timing skills were similar. In most cases the fund managers did not achieve higher results than the results of the relevant benchmark. Managers tried to follow the trend rather than anticipate it. In most cases, there was also no ability to select assets or market-timing. Most of the parameters standing by these variables were not statistically significant.","PeriodicalId":44824,"journal":{"name":"Contemporary Economics","volume":"1 1","pages":""},"PeriodicalIF":2.1,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86620309","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

Audit Committee Characteristics and Timeliness of Financial Reporting: Social Enterprises Evidence 审计委员会特征与财务报告的及时性:社会企业证据

IF 2.1

Contemporary Economics Pub Date : 2022-06-01 DOI: 10.5709/ce.1897-9254.478

Yusri Huzaimi Mat Jusoh, Siti Suraya Abd Razak, W. Noor, Ataina Hudayati, A. Puspaningsih, F. Nadzri

{"title":"Audit Committee Characteristics and Timeliness of Financial Reporting: Social Enterprises Evidence","authors":"Yusri Huzaimi Mat Jusoh, Siti Suraya Abd Razak, W. Noor, Ataina Hudayati, A. Puspaningsih, F. Nadzri","doi":"10.5709/ce.1897-9254.478","DOIUrl":"https://doi.org/10.5709/ce.1897-9254.478","url":null,"abstract":"There was vast research on the effectiveness of audit committees as part of the mechanisms in safeguarding shareholders’ interest and also ensuring effective financial reporting by companies. However, studies on the efficacy of audit committees as governance tools in a niche area relating to social enterprises namely cooperative societies in Malaysia is still scarce. Hence, this study intends to investigate the association between audit committee attributes namely audit committee expertise and experience, audit committee meeting frequency and audit committee size to the timeliness reporting compliance among Malaysian cooperative societies. Using qualitative research methods, 158 usable questionnaires from 59 cooperative societies were successfully gathered and analysed using SmartPLS 3 Version 3.2.8. The results obtained provided support to the notion that there is a significant positive relationship between the frequency of meetings on the timeliness reporting compliance and a significant positive relationship between audit committee size on the timeliness reporting compliance. However, the notion expecting a significant positive relationship between the expertise of the audit committee on the timeliness reporting compliance proved to be insignificant. Conclusively, the study provides theoretical and practical support to both literature and practitioners on the importance of having optimum audit committee size and high frequency of meeting in ensuring the timeliness compliance of financial reporting of cooperative societies.","PeriodicalId":44824,"journal":{"name":"Contemporary Economics","volume":"48 1","pages":""},"PeriodicalIF":2.1,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79902245","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: 1

Sustainable Development of Higher Education Institutions in Developing Countries: Comparative Analysis of Poland and Vietnam 发展中国家高等教育机构的可持续发展:波兰与越南的比较分析

IF 2.1

Contemporary Economics Pub Date : 2022-06-01 DOI: 10.5709/ce.1897-9254.477

N. H. Tien, N. Ngoc, T. Trang, L. Duc, N. Mai

引用次数: 0

The Impact of Corporate Social Responsibility, Energy Consumption, Energy Import and Usages and Carbon Emission on Sustainable Economic Development: Evidence from ASEAN countries 企业社会责任、能源消费、能源进口与使用、碳排放对经济可持续发展的影响:来自东盟国家的证据

IF 2.1

Contemporary Economics Pub Date : 2022-06-01 DOI: 10.5709/ce.1897-9254.480

T. Nguyen, Quang-Thanh Ngo

{"title":"The Impact of Corporate Social Responsibility, Energy Consumption, Energy Import and Usages and Carbon Emission on Sustainable Economic Development: Evidence from ASEAN countries","authors":"T. Nguyen, Quang-Thanh Ngo","doi":"10.5709/ce.1897-9254.480","DOIUrl":"https://doi.org/10.5709/ce.1897-9254.480","url":null,"abstract":"Recently, sustainable economic development has become a global requirement and also has gained the attention of recent studies and policymakers nowadays. Thus, the present study has examined the impact of corporate social responsibility (CSR) along with renewable energy consumption, energy usage and import and carbon emission on the sustainable economic development of the Association of South-East Asian Nations (ASEAN). This study has adopted the quantitative method of data collection and used secondary data collection sources. The data has been extracted from the world development indicators (WDI) and reports published on the sustainability of the countries. This study has gathered the post-financial crisis data from 2011 to 2020. This study has executed the robust standard error and fixed effect model (FEM) to examine the relationships among variables. The results revealed that CSR, renewable energy consumption, and energy usage and import have a positive and significant associations with the sustainable economic development of the ASEAN countries. The outcomes also exposed that carbon emission has a negative but significant nexus with the sustainable economic development of the ASEAN countries. These outcomes provide the guidelines to the regulation-making authorities while formulating policies related to sustainable economic development in accordance with CSR and energy policies.","PeriodicalId":44824,"journal":{"name":"Contemporary Economics","volume":"1 1","pages":""},"PeriodicalIF":2.1,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74433291","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: 9

The Impact of Social Capital on Firm Value 社会资本对企业价值的影响

IF 2.1

Contemporary Economics Pub Date : 2022-06-01 DOI: 10.5709/ce.1897-9254.476

M. Jucá, A. Fishlow

引用次数: 2