scholarly journals Re-Examining the Factors Affecting Systematic Risk of the Airline Industry

2009 ◽  
Vol 17 (2) ◽  
pp. 89-89
Author(s):  
Murat Kizildag ◽  
Nelson Barber ◽  
E. Hachemi Aliouche
Keyword(s):  
Airline Industry ◽  
Systematic Risk ◽  
Factors Affecting

scholarly journals An empirical analysis of internal and external factors of stock pricing: evidence from Indonesia

2017 ◽  
Vol 15 (4) ◽  
pp. 178-187 ◽  
Author(s):  
Hesty Juni Tambuati Subing ◽  
R. Wedi Rusmawan Kusumah ◽  
Gusni
Keyword(s):  
Consumer Goods ◽  
Stock Prices ◽  
Systematic Risk ◽  
Oil Prices ◽  
External Factors ◽  
Return On Assets ◽  
Factors Affecting ◽  
Company Stock ◽  
Price Earnings Ratio ◽  
Consumer Goods Industry

Stock prices change from time to time along with the latest conditions and information derived by investors dealing with the outlook for the company. Changes in stock prices are probably triggered by various factors, both internal and external, coming the company. Internal factors used in this study are price earnings ratio, return on assets, systematic risk, while external factors used are inflation, interest rates, and oil prices. The purpose of this study is to identify factors affecting stock pricing in the consumer goods industry, and determine which factors are most influential on stock prices company. The data used in this study were collected during the period from 2008 to 2015 of companies in consumer goods industry listed on the Indonesia Stock Exchange, and samples were taken from 18 companies. Panel data regression methods have been used to explain factors affecting the stock pricing of the company. Regression result indicates that price earnings ratio, return on assets, and Oil Prices have a positive impact on company stock prices, while inflation has a negative impact on company stock prices. Moreover, systematic risk and interest rate not impact the stock price of the company.

The systematic-risk determinants of the US airline industry

2007 ◽  
Vol 28 (2) ◽  
pp. 434-442 ◽  
Author(s):  
Jin-Soo Lee ◽  
SooCheong (Shawn) Jang
Keyword(s):  
Airline Industry ◽  
Systematic Risk ◽  
The Us ◽  
Risk Determinants

A Data Analytic Approach of Job Satisfaction: A Case Study on Airline Industry

2019 ◽  
Vol 18 (01) ◽  
pp. 1950003 ◽  
Author(s):  
Hansani Kalawilapathirage ◽  
Olufemi Omisakin ◽  
Susan Zeidan
Keyword(s):  
Job Satisfaction ◽  
Airline Industry ◽  
Contact Point ◽  
Ground Level ◽  
Primary Data ◽  
Initial Contact ◽  
Factors Affecting ◽  
Job Roles ◽  
Independent Variables ◽  
Major Factors

Intense competition has made it critical for airlines to retain its highly capable staff by ensuring the highest job satisfaction of its employees. This competition has resulted from the emergence of budget airlines focussed on a niche market. To provide a differentiated passenger experience whilst flying with airlines, the management should ensure that all the staff, including ground level and cabin crew, who are the initial contact point with customers are highly satisfied in terms of their job roles. The study evaluates human resource (HR) factors affecting job satisfaction with a given (anonymous) airline. A detailed study and analysis of major factors contributing to job satisfaction in the said airline was carried out. In analysing the relationship and current level of job satisfaction, the study uses a quantitative approach, with primary data obtained from questionnaires completed by employees in one of the airlines. Further, the study has identified independent variables as being financial rewards and recognition, training and development, and work environment. Statistical tools, such as correlation and regression analysis, are used to evaluate the responses from questionnaires and to provide significance of the independent variables contributing to job satisfaction.

Factors Affecting Systematic Risk in the US Restaurant Industry

2007 ◽  
Vol 13 (2) ◽  
pp. 197-208 ◽  
Author(s):  
Woo Gon Kim ◽  
Bill Ryan ◽  
Silvio Ceschini
Keyword(s):  
Systematic Risk ◽  
Restaurant Industry ◽  
Factors Affecting ◽  
The Us

Airline industry deregulation and changes in systematic risk

1990 ◽  
Vol 17 (1) ◽  
pp. 49-66 ◽  
Author(s):  
Steven A. Allen ◽  
Lawrence F. Cunningham ◽  
Wallace R. Wood
Keyword(s):  
Airline Industry ◽  
Systematic Risk

Willingness to pay for airline security

2019 ◽  
Vol 13 (2) ◽  
pp. 153-166 ◽  
Author(s):  
Shosh Shahrabani ◽  
Sharon Teitler Regev
Keyword(s):  
Willingness To Pay ◽  
Airline Industry ◽  
Gaza Strip ◽  
Internet Survey ◽  
Terrorist Attacks ◽  
Aviation Industry ◽  
Security Measures ◽  
Content Type ◽  
Factors Affecting ◽  
Terror Attacks

Purpose Due to recent international media reports of terrorist attacks in airports, people are more aware of the risk terrorism poses to flying and the need for security measures in the airline industry. This study aims to examine factors affecting willingness to pay (WTP) for airline security and safety flights after terror attacks incident. Design/methodology/approach A polling company distributed an internet survey among 415 Israelis in July 2014, after thousands of missiles had been fired into Israel from the Gaza Strip, threatening the population and disrupting aviation traffic to and from Israel. The results show that individuals who attributed higher importance to airline security and exhibited more fear and less optimism were willing to pay more for airline security and safety. Findings The results show that individuals who attributed higher perceived importance to airline security and exhibited more fear and less optimism were willing to pay more for the security and safety of flying. Research limitations/implications The implications of the study are important for understanding how terrorist attacks and negative aviation events affect people’s feelings, pessimism/optimism and general attitudes toward airline security. Originality/value Due to the increase in the number of terror attack involving airlines, it is important for understanding the demand for tickets on secure airlines. Such an understanding is essential for evaluating the perceived benefit of safety and security improvements in the aviation industry and for developing marketing strategies for different tickets.

M&As in the airline industry: motives and systematic risk

2012 ◽  
Vol 20 (4) ◽  
pp. 435-446 ◽  
Author(s):  
Loukia Evripidou
Keyword(s):  
Airline Industry ◽  
Economies Of Scale ◽  
Relevant Literature ◽  
Systematic Risk ◽  
Market Model ◽  
Data Sets ◽  
Content Type ◽  
Wealth Maximization ◽  
Management Objectives ◽  
The Individual

PurposeThe purpose of the current study was first to identify the motives for mergers, and second to examine the effect of mergers on the systematic risk of bidder firms in the airline industry.Design/methodology/approachTo evaluate the effect of mergers in the systematic risk, two different market models are estimated for each company in the sample, one with pre‐merger data and one with post‐merger data. Then the results obtained from the two data sets are compared so as to identify possible differences.FindingsThe study has identified three diving motives behind the merges, namely cost efficiency, economies of scale, and market power. All of these motives are expected to affect the new firm's earnings stream and in turn affect its systematic risk. With the use of the market model the individual merger results are mixed and in line with the relevant literature. Nonetheless, the average results showed a decrease in the post‐merger systematic risk.Research limitations/implicationsA reduced post‐merger systematic risk indicates a success in achieving management objectives. Mergers can generate synergetic gains from increasing cost efficiencies and/or scale economies and can also increase shareholders value through the reduction in the new firm's cost of capital. However, to have a more valid perspective a larger number of mergers should be included in the sample together with alternative calculation of systematic risk to test the robustness of the results.Originality/valueTaking into account the current economic hardship this paper addresses the issue of shareholders wealth maximization through mergers.

Sign in / Sign up

Export Citation Format

Share Document