Contaduria y Administracion最新文献

Más allá de la venta online: de la calidad del servicio a la lealtad y boca a boca electrónicos 超越在线销售：从服务质量到忠诚度和电子口碑

Contaduria y Administracion Pub Date : 2023-05-29 DOI: 10.22201/fca.24488410e.2023.4712

Karla Acosta Morey, Andrea Chávez Aguilar, Martín Mauricio Andía

引用次数: 0

Capital gains overhang and irrelevant value characteristics of Brazilian companies 巴西公司的资本收益过剩和不相关的价值特征

Contaduria y Administracion Pub Date : 2023-05-25 DOI: 10.22201/fca.24488410e.2023.4738

Rodrigo Abbade Da Silva, Newton Carneiro Affonso da Costa Jr, Pedro Piccoli, M. Rocha Armada

{"title":"Capital gains overhang and irrelevant value characteristics of Brazilian companies","authors":"Rodrigo Abbade Da Silva, Newton Carneiro Affonso da Costa Jr, Pedro Piccoli, M. Rocha Armada","doi":"10.22201/fca.24488410e.2023.4738","DOIUrl":"https://doi.org/10.22201/fca.24488410e.2023.4738","url":null,"abstract":"This study, based on Ahmed’s (2017) work for the US market, examines whether the prices of shares traded on the stock market of a developing country, such as Brazil, can also be influenced by noise traders who make their decisions based on irrelevant information. Using data from the Brazilian stock market between Jan/2003 and Sep/2018 we show that irrelevant firm characteristics are associated with variations in capital gains overhang (CGO), a proxy for the disposition effect bias. Our results are quite similar to those found by Ahmed (2017) for the US. However, the two markets show different results for the relationship between CGO and market liquidity and systematic risk for the entire sample period. Also, we find that there is an inverse relationship between investor sentiment and CGO at times of market upward movement. Overall, the influence of variables considered irrelevant was confirmed in robustness checks. These results may imply that noise traders evaluate stocks and companies based on their irrelevant characteristics, and this behavior, which is not compensated for by rational investors, temporarily influences the market by generating price distortions like the disposition effect.","PeriodicalId":52100,"journal":{"name":"Contaduria y Administracion","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-05-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48925716","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

Análisis de estabilidad coalicional entre las aerolíneas mexicanas dentro del mercado de transporte aéreo de mercancías antes y durante la Covid-19 Covid-19之前和期间墨西哥航空公司在航空货运市场的联盟稳定性分析

Contaduria y Administracion Pub Date : 2023-05-24 DOI: 10.22201/fca.24488410e.2023.4908

José Leonel Larios Ferrer, Carlos Vega-Ortiz, Arturo Redondo Galván

引用次数: 0

Strategic Environmental Policies: Electric vehicles vs Internal Combustion Engine Vehicles 战略环境政策:电动汽车vs内燃机汽车

Contaduria y Administracion Pub Date : 2023-05-23 DOI: 10.22201/fca.24488410e.2023.3234

R. S. Espinosa Ramírez, M. O. Kayalica

{"title":"Strategic Environmental Policies: Electric vehicles vs Internal Combustion Engine Vehicles","authors":"R. S. Espinosa Ramírez, M. O. Kayalica","doi":"10.22201/fca.24488410e.2023.3234","DOIUrl":"https://doi.org/10.22201/fca.24488410e.2023.3234","url":null,"abstract":"In a world collapsed by pollution and environmental degradation, the decision of policies in favour of the environment is affected by the dilemma between economic efficiency and environmental protection. The objective of this article is to analyse this dilemma from the construction of a theoretical two-stage game model in which an environmental tax policy is chosen by government and local firms may produce differentiated vehicles: Electric Vehicles, Hybrid Vehicles, or Internal Combustion Engine Vehicles. At the first stage, the government determines the tax level on pollution taking the firms’ output levels as given. At the second stage, firms, competing in an oligopolistic market, choose their output and emission levels observing the tax level set by the government. It is found that a high perception of pollution damage encourages the setting of a pollution tax despite the fall in the consumer surplus and the profits of Internal Combustion Engine Vehicles producers; this policy encourages the production of Electric Vehicles and Hybrid Vehicles. Otherwise, the government is not willing to set a severe pollution policy. This work is relevant because the level of environmental policy can be determined from the perception that people have about the environmental damage caused by the production of cars.","PeriodicalId":52100,"journal":{"name":"Contaduria y Administracion","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-05-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43858503","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

Digital consumer behavior and medical tourism: A regional analysis in Mexico 数字消费者行为与医疗旅游:墨西哥地区分析

Contaduria y Administracion Pub Date : 2023-05-23 DOI: 10.22201/fca.24488410e.2023.4968

Edmundo Arrioja-Castrejón, Andrée Marie López-Fernández, Héctor X. Ramírez-Pérez, Griselda Dávila-Aragón

引用次数: 0

Does FX market in India integrated to exchange rate theories? a review amidst COVID-19 印度外汇市场是否融入了汇率理论?2019冠状病毒病回顾

Contaduria y Administracion Pub Date : 2023-05-22 DOI: 10.22201/fca.24488410e.2023.4643

A. M.

{"title":"Does FX market in India integrated to exchange rate theories? a review amidst COVID-19","authors":"A. M.","doi":"10.22201/fca.24488410e.2023.4643","DOIUrl":"https://doi.org/10.22201/fca.24488410e.2023.4643","url":null,"abstract":"The exchange rate theories argue that the parity between two currencies is determined by various macro-economic factors prevailing across economies. It is quite interesting to examine what happened to currency exchange rates in a period of inactivity for the overall economies due to COVID-19 outbreak. In this context a study was carried out during the period of turbulence to empirically test whether foreign exchange market in India moves in accordance with the principles of exchange rate theories. The bound test of co-integration (Pesaran,et.al., 2001) was employed to examine the evidence of a long-run relationship between the macroeconomic variables with the exchange rate of hard currencies such as USD, EUR, GBP and JPY against INR. The cross sectional relationship was further validated by using auto regressive distributed lag (ARDL) model. The absolute version of purchasing power parity theory (PPP) is evident in the Indian foreign exchange market as the analysis established a strong integration of Wholesale Price Index (WPI) and Consumer Price Index (CPI) with leading hard currencies such as USD, EUR and JPY. The association of 364 days Treasury bill return (TBR) and government Bond Return (GBR) further confirmed the postulation of Interest Rate Parity (IRP) theory as any increase in interest rate can cause exchange rate depreciation to INR. Results of this study add to the existing literature by confirming the bondage between price levels across the economies and the exchange rates during COVID-*","PeriodicalId":52100,"journal":{"name":"Contaduria y Administracion","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-05-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47026376","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

Identificación de factores sociales y económicos que influyen en el emprendimiento mediante un modelo de ecuaciones estructurales 用结构方程模型识别影响创业的社会和经济因素

Contaduria y Administracion Pub Date : 2023-05-16 DOI: 10.22201/fca.24488410e.2023.4823

José Carlos Véliz Palomino, Paul Marcelo Pimentel Bernal, Pablo José Arana Barbier

{"title":"Identificación de factores sociales y económicos que influyen en el emprendimiento mediante un modelo de ecuaciones estructurales","authors":"José Carlos Véliz Palomino, Paul Marcelo Pimentel Bernal, Pablo José Arana Barbier","doi":"10.22201/fca.24488410e.2023.4823","DOIUrl":"https://doi.org/10.22201/fca.24488410e.2023.4823","url":null,"abstract":"Esta investigación analiza la influencia que tienen los factores económicos y los factores sociales sobre el emprendimiento analizando la relación entre estos tres constructos, utilizando un modelo de ecuaciones estructurales (SEM) basado en PLS mediante un enfoque basado en la varianza, el cual analizó las relaciones entre estos factores y el emprendimiento con la disposición de los Objetivos de Desarrollo Sostenible, la Tasa de Intención Emprendedora y la Tasa Total de Actividad Empresarial en etapa inicial como variables latentes. Además, se recopilaron los datos de 60 países en diversas áreas geográficas, los cuáles se validaron por medio de un modelo cuantitativo de mínimos cuadrados parciales. Los resultados señalan que solo los factores económicos explican de manera significativa el emprendimiento, mientras que los factores sociales no son estadísticamente significativos en el modelo. Nuestros hallazgos implican que los países que invierten en consolidar sus factores económicos obtienen mayores índices de emprendimiento.","PeriodicalId":52100,"journal":{"name":"Contaduria y Administracion","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-05-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46952772","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

Factores que influyen en la lealtad de los lectores de sitios web de noticias 影响新闻网站读者忠诚度的因素

Contaduria y Administracion Pub Date : 2023-05-16 DOI: 10.22201/fca.24488410e.2023.4617

Horacio Dávila Garza, Gustavo Juan Alarcón Martínez, Jesús Fabián López Pérez

引用次数: 0

Recuperación del empleo en los estados de México en la fase post COVID-19 墨西哥各州在新冠疫情后阶段的就业复苏

Contaduria y Administracion Pub Date : 2023-05-16 DOI: 10.22201/fca.24488410e.2023.4611

Reyna Vergara González, Pablo Mejía Reyes, M. R. Reyes Hernández

引用次数: 0

Estimación del nivel de digitalización de los canales de venta de empresas de Bahía Blanca, Argentina frente a la pandemia 对阿根廷bahia Blanca公司销售渠道数字化水平的估计

Contaduria y Administracion Pub Date : 2023-05-16 DOI: 10.22201/fca.24488410e.2023.3344

M. V. Alderete, N. Álvarez, Carola Jones

引用次数: 0