Journal of Business Economics and Management最新文献_第5页

The Impact of Institutional Ownership on Stock Valuation 机构持股对股票估值的影响

IF 2.6 3区经济学

Journal of Business Economics and Management Pub Date : 2023-01-01 DOI: 10.18178/joebm.2023.11.2.735

Xiao-xiao Liu

{"title":"The Impact of Institutional Ownership on Stock Valuation","authors":"Xiao-xiao Liu","doi":"10.18178/joebm.2023.11.2.735","DOIUrl":"https://doi.org/10.18178/joebm.2023.11.2.735","url":null,"abstract":"—This paper studies the relationship between institutional ownership and ﬁrm valuation. Using a panel data of all listed companies in the United States from 1980 to 2016, I find that ﬁrm valuation increases with the level of and the change in institutional ownership, both in the cross-section within an industry and in the time-series within a ﬁrm. Specifically, when institutional ownership increases by 1%, ﬁrm valuation increases by 0.413% in the cross section and 0.418% in the time-series. Additionally, breaking the sample into a period with an overall growth in institutional ownership in the market (1980–2005) and that with stable institutional ownership (2006–2017), I find that the relationship is stronger during the period with growing institutional ownership than afterwards. Additionally, the marginal increase of institutional ownership led to a faster positive movement of ﬁrm valuation. When the changes of institutional ownership increase by 1 percent, ﬁrm valuation would increase by 0.544% in the cross section and 0.569% in the time-series over the whole sample period. These results potentially suggest that the behavior of institution investors lay positively impact on the ﬁrm valuation. Institution investors tend to grab more information on the market and are more professional in analyzing the ﬁrms, which could also be the reason for the herding behavior of individual investors.","PeriodicalId":47594,"journal":{"name":"Journal of Business Economics and Management","volume":"85 1","pages":""},"PeriodicalIF":2.6,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80492702","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Evolution Path and Development Trend of Internal Control and Audit Opinion Research: Based on Citespace Knowledge Graph Analysis 内部控制与审计意见研究的演进路径与发展趋势——基于Citespace知识图谱分析

IF 2.6 3区经济学

Journal of Business Economics and Management Pub Date : 2023-01-01 DOI: 10.18178/joebm.2023.11.1.734

Zhi Chen, Shuanghua Zhuang

{"title":"Evolution Path and Development Trend of Internal Control and Audit Opinion Research: Based on Citespace Knowledge Graph Analysis","authors":"Zhi Chen, Shuanghua Zhuang","doi":"10.18178/joebm.2023.11.1.734","DOIUrl":"https://doi.org/10.18178/joebm.2023.11.1.734","url":null,"abstract":"—Since 2000, The Enron incident in the United States that resulted internal control failure of the company, which has aroused the academic attention and Research on internal control and audit activities. There are also many similar cases in China such as the Asiatic incident in 2001 and the changsheng biological incident in 2019, highlighting the importance of the relationship between internal control and audit. In the past related literature on CiteSpace in China, there is a lack of interrelationship between topics, mainly focusing on a single topic. This paper uses CiteSpace visualization software to analyze 2106 articles from China source journal such as CSSCI and Peking University Core from 2010 to 2021 on the theme of whether the effectiveness of internal control affects the relevance of the audit opinion in theirs annual report, The result shows that the research hotspots on internal control and audit opinion mainly focus on ten aspects of internal control audit, auditor change, audit opinion, audit fees, internal control quality, internal control information disclosure, internal control defects, audit risks, internal audit and certified public accountant audit, and with government regulations stipulating and clearly regulating the responsibility of certified public accountants, internal control and audit opinion are bound to carry out corresponding research and discussion around the participation of certified public accountants, and will also become the focus of researcher in this field for Chinese scholars in the future.","PeriodicalId":47594,"journal":{"name":"Journal of Business Economics and Management","volume":"30 1","pages":""},"PeriodicalIF":2.6,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74184870","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Production Model Based on Total Productive Maintenance and Systematic Layout Planning to Increase Productivity in the Metalworking Industry 基于全面生产维护和系统布局规划的生产模式提高金属加工行业的生产率

IF 2.6 3区经济学

Journal of Business Economics and Management Pub Date : 2023-01-01 DOI: 10.18178/joebm.2023.11.2.741

Carlos Seminario-Mestanza, Andrea Soto-Araujo, Martin Collao-Diaz, J. Quiroz-Flores, A. Flores-Perez

引用次数: 4

Research on the Optimization of Marketing Methods and Strategies for Restaurant Brands — The Example of the Kungfu Froggy 餐饮品牌营销方法与策略优化研究——以功夫蛙为例

IF 2.6 3区经济学

Journal of Business Economics and Management Pub Date : 2023-01-01 DOI: 10.18178/joebm.2023.11.2.737

Danhua Zhao, Chaiyawit Muangmee, Jianlun Teng, Nusanee Meekaewkunchorn

引用次数: 0

The Impact of White Space Ratio of Product Packaging on Consumers’ Purchase Intention 产品包装留白比例对消费者购买意愿的影响

IF 2.6 3区经济学

Journal of Business Economics and Management Pub Date : 2023-01-01 DOI: 10.18178/joebm.2023.11.1.730

S. Wu

引用次数: 0

Relationship of Foreign Direct Investment and Economics Growth on Rwandan Economic 外国直接投资与卢旺达经济增长的关系

IF 2.6 3区经济学

Journal of Business Economics and Management Pub Date : 2023-01-01 DOI: 10.18178/joebm.2023.11.3.750

Jeanne baptiste Niyigena, Yongli Wang

{"title":"Relationship of Foreign Direct Investment and Economics Growth on Rwandan Economic","authors":"Jeanne baptiste Niyigena, Yongli Wang","doi":"10.18178/joebm.2023.11.3.750","DOIUrl":"https://doi.org/10.18178/joebm.2023.11.3.750","url":null,"abstract":"—The Rwandan economy has made a revolution compare to the past years and has attracted international investors through foreign direct investment and its economic policies. However, it is not clear whether these investment inflows have made a significant impact on economic growth. Many empirical studies have researched the impact or effect of foreign direct investment on economic growth in the host country; some researchers found a positive impact while others found a negative impact especially in a developing country as their said home country gains more benefit than host country depends in same domains. The objective of this paper is to analyze the relationship between Foreign direct investment (FDI) and economic growth by presenting the impact FDI has on Rwandan economic growth by employing the data from 1998 to 2018 a period of 20 years using World Bank data. This study presents two hypotheses related to GDP growth per capita and FDI. Multiple regression techniques and Augmented Dickey-Fuller Test were used to measure the relationships between independent (FDI) and dependent variables (real GDP). In addition, stationarity test was used and economic software Eviews 10 to present the result. The result showed that foreign direct investment has a positive but not statistically significant impact on Rwandan economic growth.","PeriodicalId":47594,"journal":{"name":"Journal of Business Economics and Management","volume":"509 1","pages":""},"PeriodicalIF":2.6,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73581653","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Production Model Implementing Lean Manufacturing Tools to Increase Order Fulfillment in SMEs of the Textile Manufacturing Sector 实施精益生产工具提高纺织制造业中小企业订单履行的生产模式

IF 2.6 3区经济学

Journal of Business Economics and Management Pub Date : 2023-01-01 DOI: 10.18178/joebm.2023.11.3.751

Beatriz Martel, Patricia I. Kehuarucho, Martín Collao, Juan Quiroz, Alberto Flores

{"title":"Production Model Implementing Lean Manufacturing Tools to Increase Order Fulfillment in SMEs of the Textile Manufacturing Sector","authors":"Beatriz Martel, Patricia I. Kehuarucho, Martín Collao, Juan Quiroz, Alberto Flores","doi":"10.18178/joebm.2023.11.3.751","DOIUrl":"https://doi.org/10.18178/joebm.2023.11.3.751","url":null,"abstract":"— Due to the context of the economic recession that the country is going through triggered by the covid-19 pandemic and considering the importance of the textile and clothing sector in Peru, order fulfillment is a requirement in the business world; when there is no control over it, it turns into an indicator of recurring issues for Small and Midsize Enterprises (SMEs) and Micro, Small & Medium Enterprises (MSMEs) of the textile manufacturing sector. This study proposes a production model focused on the mentioned indicator to improve efficiency in the coating process through a management model based on 5S, Total Productive Maintenance (TPM) (autonomous maintenance), and ergonomics with help of simulation software, such as Arena Simulator, Rapid Upper Limb Assessment (RULA) and Delmia V5. After the implementation of this model, positive results were obtained, which showed an increase in overall global efficiency of the machinery by 24.23%, a reduction of supplies search time by 10.63%, and improvements in the risk level due to bad posture to finally get an increase of 45.50% in order fulfillment, on time, in full.","PeriodicalId":47594,"journal":{"name":"Journal of Business Economics and Management","volume":"15 1","pages":""},"PeriodicalIF":2.6,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89228775","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Performance Management in E-commerce Companies: A Case Study of JC E-commerce Retail Company 电子商务企业绩效管理:以JC电子商务零售公司为例

IF 2.6 3区经济学

Journal of Business Economics and Management Pub Date : 2023-01-01 DOI: 10.18178/joebm.2023.11.1.733

Xianping Ye, L. Luo, Grace R. Tobias

{"title":"Performance Management in E-commerce Companies: A Case Study of JC E-commerce Retail Company","authors":"Xianping Ye, L. Luo, Grace R. Tobias","doi":"10.18178/joebm.2023.11.1.733","DOIUrl":"https://doi.org/10.18178/joebm.2023.11.1.733","url":null,"abstract":"—Performance management is the core of business management, and all the work of business management is based on performance management. The purpose of enterprise management is to improve performance better and faster, optimize the various problems that exist in the process of enterprise survival, and achieve enterprise goals. Since its establishment in 2013, JC has also experienced a rapid growth phase, but the early growth of corporate performance was slow and the company entered a bottleneck in its development. This study investigates JC E-commerce Company as a case study to examine the reasons, process and results of using KPI performance management methods. JC is a private e-commerce company in China. In the early days of its establishment, JC underwent several changes, including corporate mergers and acquisitions, the introduction of advanced production technologies, and a focus on internal innovation, but corporate development was still unsatisfactory and the return on investment remained low. After changing the way of performance management, JC’s performance reached higher than before. At present, there are two main performance management tools widely used by well-known group companies worldwide, one is the Key Performance Indicator (KPI), which was developed earlier, and the Balance Scorecard (BSC), which was created in the early 1990s and is widely used. KPI is JC’s main way of performance management. In a highly competitive business and rapidly changing market environment, the success of business operations depends on achieving higher levels of product quality, cost, innovation, and speed in delivering new products. Therefore, performance management activities aimed at improving the overall performance of the company by promoting the performance of the company and its employees in these areas are receiving increasing attention from companies. This paper will investigate the process JC’s performance management, and then explain the strength and weakness of KPI.","PeriodicalId":47594,"journal":{"name":"Journal of Business Economics and Management","volume":"45 1","pages":""},"PeriodicalIF":2.6,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74085882","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Does Board Gender Diversity Matter for Sustainable Growth Rate? Evidence from Banking Industry in Vietnam 董事会性别多样性对可持续增长率有影响吗?来自越南银行业的证据

IF 2.6 3区经济学

Journal of Business Economics and Management Pub Date : 2023-01-01 DOI: 10.18178/joebm.2023.11.2.742

P. Minh, Bui Huy Hai Bich

引用次数: 0

Decision Support Applications by Coordinate Purchase Association Graph in Retailing 坐标采购关联图在零售业决策支持中的应用

IF 2.6 3区经济学

Journal of Business Economics and Management Pub Date : 2023-01-01 DOI: 10.18178/joebm.2023.11.3.747

Y. J. Lin, Chuan-Yi Chang, Shein-Yung Cheng, Meng-Yen Tom Lin

引用次数: 0