scholarly journals The Impact of Online Media Big Data on Firm Performance: Based on Grey Relation Entropy Method

2020 ◽  
Vol 2020 ◽  
pp. 1-7
Author(s):  
Hai-qing Qin ◽  
Zhen-hui Li ◽  
Jia-jia Yang

The study uses the grey relation entropy method to explore the impact of online media big data on firm performance, based on 17 randomly selected Chinese A-share listed companies during the period from 2012 to 2017. It shows that the media big data, especially the negative media coverage, is highly associated with both short-term and long-term firm performance. Then, this study employs the system GMM method to testify how negative media coverage affects firm performance. It indicates that negative media coverage may be a damage crisis for the focal firm in the short term, but a favorable chance for change in the long run. These findings not only enrich the research on the influence of online media big data but also provide some references for enterprise managers.

Author(s):  
Paul Stoneman ◽  
Eleonora Bartoloni ◽  
Maurizio Baussola

This chapter explores the impact of product innovation on firm performance, encompassing both economic and managerial literatures. It is found that product innovation has positive and significant short-term and long-run effects on firm profitability, which, however, vary across industries. The role of complementarities in improving firms’ performance is also stressed. The analysis of the impact of R&D and patents (to which product innovation is closely related) on firm market value indicates an impact from 2.5 per cent to 8 per cent. The impact of product innovation on productivity is indicated by the estimate that the responsiveness of a firm’s productivity to its share of innovative sales ranges from 0.04 to 0.29. How much and with what success firms compete in foreign markets is also found to be positively related to product innovation. Positive and significant impacts on the companies’ market value from information concerning its new products are also found.


2016 ◽  
Vol 1 (1) ◽  
pp. 13-22
Author(s):  
Towaf Totok Irawan

Until now the government and private sector have not been able to address the backlog of 13.5 million housing units for ownership status and 7.6 million units for residential status. The high price of land has led to the high price of the house so that low-income communities (MBR) is not able to reach out to make a home purchase. In addition to the high price of land, tax factors also contribute to the high price of the house. The government plans to issue a policy for the provision of tax incentives, ie abolish VAT on home-forming material transaction. This policy is expected to house prices become cheaper, so the demand for housing increases, and encourage the relevant sectors to intensify its role in the construction of houses. It is expected to replace the lost tax potential and increase incomes. Analysis of the impact of tax incentives housing to potential state revenue and an increase in people's income, especially in Papua province is using the table IO because in addition to looking at the role each sector can also see the impact on taxes (income tax 21 Pph 25 Pph, VAT), and incomes (wage). Although in the short-term impact is still small, but very rewarding in the long run. Keywords: Backlog, Gross Input, Primary Input, Intermediate Input


2018 ◽  
Vol 10 (7) ◽  
pp. 2465
Author(s):  
Laura Brad ◽  
Gabriel Popescu ◽  
Alina Zaharia ◽  
Maria Claudia Diaconeasa ◽  
Daniela Mihai

The importance of agricultural financing in ensuring food security and safety, jobs, poverty reduction, economic growth and more recently, climate change mitigation, natural resource conservation and sustainable development imposes periodic analysis of the factors which might influence the farmers’ financial situation, in order to improve it. One way of assessing this is to analyze the agricultural debt. In this context, based on previous models, the paper aims to assess the impact of specific factors on the agricultural debt level in the European Union during 2008–2015, as these should be considered in future common agriculture policies as well as in achieving sustainable agriculture. The research was conducted based on econometric techniques, by applying panel models in the Eviews 7.0 software-64 bit version. More than 20 variables were considered in the analysis. Some of the findings suggest that an increase in subsidies as well as the share of cash flow in the total existing capital would determine considerable reductions of the total debt. Decoupled subsidies seem to have a higher impact than coupled subsidies on short term debt, while its value is between the one found for coupled subsidies in the case of long term debt. Large farms/companies, to which decoupled payments are granted, have higher debts on long run and on total debt. The same units, to which coupled subsidies were granted, have smaller short-term debt. In contrast, the increases of labor costs, fixed costs, and crop/livestock costs lead to an increase in the total debt, since the farms require additional financial resources to cover the expanded costs. Also, the results suggest that short-term debts are mainly formed of long-term loans that reached maturity. In this case, the authors support the idea of differentiated financing programs for the agricultural activities because of their peculiarities and reinforced by the need to turn the intensive agriculture into a sustainable and plentiful one.


2019 ◽  
Vol 24 (2) ◽  
pp. 166
Author(s):  
Kusdiyono Kusdiyono ◽  
Supriyadi Supriyadi ◽  
Tedjo Mulyono ◽  
Sukoyo Sukoyo

At present, plastic is a material that is needed by the community at large, where the impact is also very extraordinary after the plastic is used in everyday life which can cause serious problems if the management is not done properly. The problem of plastic waste does not only occur in the city of Semarang, but also in other cities, so that the Ministry of Environment and Forestry has implemented a paid plastic bag program in the short term. But this is only to deal with problems in the short term. In the long run, it will not solve the problem of "plastic waste", because the policy actually encourages people to buy plastic which, of course, will add a new burden for the community to buy it. Based on the above problems, it is necessary to utilize this plastic waste to be made into road pavement materials such as in the manufacture of Asphal Concrette Wearing Course, by making 5 mixed variations ranging from (2 to 10)% of the weight of the aggregate . This research was initiated through a survey process, material procurement, testing of stacking materials, making test specimens, testing specimens. The results of the research can show that the type of Thermosetting plastic waste has a significant influence on the Asphalt Concrete mixture AC-WC heat mixture, including: Density, Marshall Stability, Flow, VIM, VMA, MQ and the remaining Marshall Stability tend to show an increase, moderate VFA and VIMrefusal Density values tend to show a decrease. Thus the plastic waste from the Thermosetting type can be used as a partial replacement of the aggregate for the Asphalt Concrete mixture AC-WC heat mixture with a plastic waste content is limited to a maximum of 10% and at an optimum asphalt content of 5.55%. Thus this research is expected to be of benefit to the industry and the people of Semarang in relation to the use of plastic waste for road pavement.


Author(s):  
Chetna Rath ◽  
Florentina Kurniasari ◽  
Malabika Deo

Chief executive officers (CEOs) of environmental, social, and governance (ESG) firms are known to take lesser pay and engage themselves in corporate social responsibility activities to achieve the dual objective of the enhancement of firm’s performance as well as benefit for stakeholders in the long run. This study examines the role of ESG transparency in strengthening the impact of firm performance on total CEO pay in ESG firms. A panel of 67 firms for the period of 2014–2019 has been analyzed using the two-step system GMM model, with NSE Nifty 100 ESG Index as the data sample and ESG scores from Bloomberg database as a proxy for transparency. Findings reveal that environmental and governance disclosure scores have the potential to intensify the negative relationship between firm performance and CEO compensation, while social disclosure scores do not. In addition, various firm-specific, board-specific, and CEO-specific attributes have also been considered controls affecting remuneration. This paper contributes to the literature by exploring the effect of exhibiting ESG transparency and its nexus with CEO pay as well as firm performance.


2021 ◽  
Vol 5 (1) ◽  
pp. 123-142
Author(s):  
Kim Foong Jee ◽  
Jia En Joanne Ngui ◽  
Pei Pei Jessica Poh ◽  
Wai Loon Chan ◽  
Yet Siang Wong

This paper examines the relationship between capital structure and performance of firms. The study is confined to plantation sector companies in Malaysia and is based on a sample of 39 firms which listed in Bursa Malaysia for the period from 2009 to 2019. This study uses two performance measures which are ROA and ROE as the dependent variable. Besides, the capital structure measures are the short-term debt, long-term debt, total debt and firm growth, which as the independent variables. Size will be the control variable in this study. Moreover, a fixed-effect panel regression analysis has been used to analyse the impact of capital structure on firm performance. The results indicate that firm performance, which is in term of ROA, have an insignificant relationship with short-term debt (STD) and long-term debt (LTD). For the total debt (TD) and growth, there is a significant relationship with ROA. However, for the performance measured by ROE, it has an insignificant relationship with short-term debt (STD), long-term debt (LTD) and total debt (TD). Furthermore, there is a significant relationship between the growth and the performance firms from plantation sector in Malaysia.


2020 ◽  
pp. 097215092096137
Author(s):  
Nufazil Altaf

This article examines the relationship between working capital financing and firm performance for a sample of 185 Indian hospitality firms. In addition, this study examines the impact of financial flexibility on working capital financing performance relationship for a period of 10 years. This study employs two-step generalized method of moment (GMM) techniques to arrive at results. Results of the study confirm the inverted U-shaped relationship between working capital financing and firm performance with optimal break-even point, beyond which short-term debt financing has a negative effect on performance at 0.54. In addition, we found that firms likely to be more financially flexible can finance a greater proportion of working capital using short-term debt, since break-even point turns out to be high for firms likely to be more financially flexible. The study is expected to extend the existing debate on working capital management by using the sample of Indian Hospitality firms for analysing the above-mentioned relationships.


2017 ◽  
Vol 887 ◽  
pp. 012023
Author(s):  
Yunfei Qiu ◽  
Xizhong Li ◽  
Wei Zheng ◽  
Qinghe Hu ◽  
Zhanmeng Wei ◽  
...  

2019 ◽  
Vol 10 (2) ◽  
pp. 153-160
Author(s):  
Meleq Hoxhaj ◽  
Ermelinda Kordha Tolica

Migration is a phenomenon that has been present in many countries during their stages of development. Albania as a developing country is still facing migration in recent years. Since this phenomenon has resulted in obvious effects, researchers have dedicated a lot of work in relation to the impact in the countries’ development. The aim of the paper is to analyze the phenomenon of migration in Albania, its characteristics and its effects on the economy. A brief description of the migration stages and the related causes is provided at the beginning. Then, there are some data on migration in Albania today. The paper follows the link of migration with economic development. In short-term migration has a positive effect on the economy, impacts through remittances help alleviate poverty, but in long run, migrants create families in countries where they have migrated, resulting in a decline in remittances.


2008 ◽  
Vol 19 (1) ◽  
pp. 57-72 ◽  
Author(s):  
Michael Johnson

The privatisation of economic infrastructure in Australia that began in the 1980s has continued to be actively pursued by state and federal governments. Evaluations of the effects of the change of policy, ownership, control and regulatory arrangements that have accompanied privatisation and their impact on the longer-term stock of infrastructure and the growth of the economy have received less attention than the immediate privatisation decisions. This article reviews some of the studies that have been carried out to evaluate the impact of privatisation, focusing on long-term impacts on infrastructure provision. In particular, it discusses the myopia created by the emphasis on commercial transactions and managing markets that continues to shape the debate about the provision of infrastructure to meet Australia's economic, environmental and other objectives. Objectives have become even more difficult to achieve as an increasingly extensive and complex regulatory framework is required to manage privatised activities. This adds to costs and limits the potential for the introduction of new initiatives to address pressing problems. The issue is increasingly relevant, given the current perceived shortage of infrastructure and the flow-on effects of the current international financial crisis on Australia. The slow-down in economic growth accompanying the financial crisis is putting pressure on government budgets and threatening to perpetuate the existing policy bias towards short-term solutions, exacerbating the longer run problem of ensuring an adequate supply of public economic infrastructure.


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