scholarly journals Competition and microfinance institutions’ performance: evidence from India

2020 ◽  
Vol 5 (1) ◽  
Author(s):  
Hailu Abebe Wondirad
Keyword(s):  
Empirical Analysis ◽  
Significant Relationship ◽  
Competitive Market ◽  
Microfinance Institutions ◽  
Self Sufficiency ◽  
Using Data ◽  
The Relationship ◽  
The Empirical Analysis

Abstract This paper empirically examines whether competition (measured by using the new measure of competition, the Boone Indicator) moderates the relationship between Microfinance Institutions’ (MFIs) social and financial performances using data from 183 Indian MFIs over the period 2005–2014. The findings indicate that MFIs’ social and financial performances have a positive significant relationship. Moreover, the form of the relationship is both lead-lag and cotemporal. The Indian microfinance market was very competitive over the period 2005–2014. The empirical findings show that competition positively moderates the relationship between MFIs’ social and financial performances. More precisely, the empirical analysis provides evidence that the association between MFIs’ depth of outreach and operational self-sufficiency is conditional upon competition. These results suggest that in a competitive market, the more MFI deepen their depth of outreach, the higher contribution it has to their operational self-sufficiency.

Capital Structure and Earnings per Share: An Empirical Analysis of Indian Corporate Sector

2015 ◽  
Vol 5 (3) ◽  
Author(s):  
Harvinder Singh Mand ◽  
Manjit Singh
Keyword(s):  
Capital Structure ◽  
Empirical Analysis ◽  
Corporate Sector ◽  
Independent Variables ◽  
Earnings Per Share ◽  
Panel Data Regression ◽  
Data Regression ◽  
The Impact ◽  
The Relationship ◽  
The Empirical Analysis

This paper intends to measure the impact of capital structure on EPS (earnings per share) in Indian corporate sector. Fifteen control variables along with capital structure have been selected to know their impact on EPS. Panel data regression has been applied to establish the relationship among dependent and independent variables. It is found from the empirical analysis that the relation of capital structure with EPS has been statistically insignificant in Indian corporate sector among all specific industries except telecommunication industry. The results are consistent with Modigliani-Miller approach.

An Empirical Analysis of the Relationship between Economic Growth and Energy Utilization in China

2013 ◽  
Vol 734-737 ◽  
pp. 1666-1670
Author(s):  
Fei Hu Yang ◽  
Peng Zhang ◽  
Xiao Wei Wang
Keyword(s):  
Economic Growth ◽  
Empirical Analysis ◽  
Energy Utilization ◽  
Correction Model ◽  
Vector Autoregressive ◽  
Integration Test ◽  
Recycling Economy ◽  
The Relationship ◽  
The Empirical Analysis

Based on the co-integration test, error correction model and vector autoregressive model, the empirical analysis results show a long-term co-integration relationship between economic growth and energy utilization in China, energy consumption increased by 1%, GDP will increase by 1.342%. In order to raise the efficiency of energy utilization during China's economic development, suggestions like saving energy conservation, reducing emission and recycling economy have been proposed.

scholarly journals FINANCIAL CRISIS AND LOCAL BANKS: A REVIEW OF BANK-FIRM RELATIONSHIPS IN ITALY

2017 ◽  
Vol 14 (3) ◽  
pp. 249-258 ◽  
Author(s):  
Andrea Quintiliani
Keyword(s):  
Financial Crisis ◽  
Empirical Analysis ◽  
Research Question ◽  
Banking System ◽  
Relationship Lending ◽  
Critical Elements ◽  
Risk Return ◽  
The Impact ◽  
The Relationship ◽  
The Empirical Analysis

This paper focuses on bank-firm relationship in an economic deeply changing environment. The objectives of the paper are two-fold: to understand, compared to the overall banking system, if the lending activities and economic-financial performances of Italian local banks have changed after the outbreak of the financial crisis; and to understand what are the conditions that allow to develop a model of a local bank capable of supporting the development routes of SMEs, by an appropriate risk/return profile. In order to answer the first research question, the paper presented an empirical analysis, covering the period 2007-2011, of Italian Cooperative Credit Banks (a particular category of local banks) compared with the system of bank groups with operability spread over much of the Italian territory and not. The empirical comparative analysis has the aim to see the effects of the crisis on the relationship bank-firm through the reading of the impact on the dynamics of lending and on the profiles of structure, riskiness, profitability and efficiency of the banks under examination. In order to provide an answer to the second research question, the paper provides some insight of evolutionary nature reflection in the bank-firm relationship. In accordance with the doctrinal postulates of the relationship lending the empirical analysis shows how the financial then real crisis has not induced Cooperative Credit Banks to restrict credit to local firms. The survey evidences have however highlighted some critical elements that are reflected inevitably on the local bank’s risk-return profile. Based only on quantitative data of statement, the empirical analysis represents a limit in this kind of research. This paper is useful to stimulate the debate of experts as well as to focus on the studies of local banks in particular in the light of their anti-cyclic role. Even if abounding in subjects about local banks and relationship lending literature faces only marginally the effects of global crisis on business profiles of local banks.

Sustainability engagement’s impact on tourism sector performance: linear and nonlinear models

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Amina Buallay ◽  
Jasim Al-Ajmi ◽  
Elisabetta Barone
Keyword(s):  
Significant Relationship ◽  
Linear Models ◽  
Performance Indicator ◽  
Nonlinear Models ◽  
Sustainability Reporting ◽  
Analytical Framework ◽  
Content Type ◽  
Return On Equity ◽  
Using Data ◽  
The Relationship

PurposeThis study aims to investigate the relationship between the level of sustainability reporting and tourism sector’s performance (operational, financial and market).Design/methodology/approachUsing data culled from 1,375 observations from 37 different countries for ten years (2008–2017), an independent variable derived from the environmental, social and governance (ESG score) is regressed against dependent performance indicator variables (return on assets (ROA), return on equity (ROE) and Tobin's Q (TQ)). Two types of control variables complete the regression analysis in this study: firm-specific and macroeconomic.FindingsThe findings elicited from the empirical results of the linear models demonstrate that there is a significant relationship between ESG and operational performance (ROA) and market performance (TQ). However, there is no significant relationship between ESG and financial performance (ROE). Furthermore, the results of the nonlinear models suggest that the relationship between sustainability performance and firm's profitability and valuation is nonlinear (inverted U-shape).Originality/valueThe models in this study presents a valuable analytical framework for exploring sustainability reporting as a driver of performance in the tourism sector's economies. In addition, this study highlights the tourism sector's management lacunae manifesting in terms of the weak nexus between each component of ESG and tourism sector's performance.

The Skills of European ICT Specialists

2018 ◽  
pp. 4785-4796
Author(s):  
Francesca Sgobbi
Keyword(s):  
Empirical Analysis ◽  
State Of The Art ◽  
Job Characteristics ◽  
Wage Premium ◽  
Demographic Characteristics ◽  
International Literature ◽  
Eu Countries ◽  
The Relationship ◽  
The Empirical Analysis ◽  
Further Development

After a brief survey of the international literature on skill-related issues that may either support or threaten the further development of ICT-based applications this article provides a picture of the state-of-the-art of the professional skills supplied by ICT specialists in 11 EU countries based on data from the OECD Survey of Adult Skills. The first part of the empirical analysis focuses on the skills profile of ICT personnel from EU countries and examines to what extent the higher skills displayed by ICT specialists depend on a different distribution of demographic characteristics and job characteristics compared to the rest of the workforce. The second part of the empirical analysis focuses on the relationship between skills and wages and tests whether employers recognize an occupation-specific wage premium to ICT specialists. The results of the proposed empirical analyses confirm the existence of significant differences between skill profiles and earnings determinants of ICT specialists compared to other workers.

The Effects of Attitudes Toward Family Life and Gender Roles on Marital Satisfaction

1993 ◽  
Vol 14 (2) ◽  
pp. 157-188 ◽  
Author(s):  
DIANE N. LYE ◽  
TIMOTHY J. BIBLARZ
Keyword(s):  
Marital Satisfaction ◽  
Gender Roles ◽  
Gender Role ◽  
Empirical Analysis ◽  
Family Life ◽  
Men And Women ◽  
Family Attitudes ◽  
And Gender ◽  
Using Data ◽  
The Relationship

This study examines the relationship between the gender role and family attitudes of husbands and wives and five indicators of marital satisfaction. The authors argue that men and women who espouse nontraditional attitudes are likely to be less satisfied than their more traditional counterparts. An empirical analysis is presented using data from husbands and wives interviewed in the 1987-88 National Survey of Families and Households. Husbands and wives who hold nontraditional attitudes toward family life are less satisfied with their marriages, as are men and women whose attitudes diverge from their spouse's attitudes. The effects of attitudes did not vary according to the actual gender roles observed by the couple.

scholarly journals Firm Size, Competition, Financing and Innovation

2014 ◽  
Vol 44 (1) ◽  
pp. 51-73 ◽  
Author(s):  
Zeina Alsharkas
Keyword(s):  
Empirical Analysis ◽  
Firm Size ◽  
Significant Relationship ◽  
Positive Relationship ◽  
Relevant Literature ◽  
Business Environment ◽  
Enterprise Performance ◽  
Logit Models ◽  
Access To Finance ◽  
The Empirical Analysis

Abstract This paper investigates the effects of firm size, competition and access to finance on the innovation performance of that firm. After a review of the relevant literature, three logit models are proposed and tested. The empirical analysis is based on the business environment and enterprise performance survey (BEEPS) for 1053 enterprises from twenty-six countries in years 2002 and 2005. Our results suggest a positive and statistically significant relationship between firm size and innovation. We also find a positive relationship between both competition and access to finance with innovation.

scholarly journals Does Regulation Matter? an Analysis of Corporate Charters in a Laissez-Faire Environment

2013 ◽  
Vol 31 (1) ◽  
pp. 11-39 ◽  
Author(s):  
Gonzalo Islas Rojas
Keyword(s):  
Empirical Analysis ◽  
Stock Markets ◽  
Investor Protection ◽  
Corporate Law ◽  
Necessary Condition ◽  
Corporate Sector ◽  
Agency Model ◽  
Laissez Faire ◽  
Using Data ◽  
The Empirical Analysis

AbstractAre laws that protect minority investors a necessary condition for the development of stock markets? This paper attempts to answer this question using data on the origins of the corporate sector in Chile to construct an empirical analysis of the contractual provisions included in charters of corporations in the 19th century. Our findings indicate that, even though corporate law at the time was silent with respect to governance rules and investor protection, a significant number of corporations were created and their shares traded. The empirical analysis of the corporate charters reveals that these contracts frequently included provisions favourable to outside investors and the use of these provisions is consistent with the predictions of a simple agency model.

Voting for Wage Concessions: The Case of the 1982 GM-UAW Negotiations

ILR Review ◽  
1988 ◽  
Vol 41 (2) ◽  
pp. 183-194 ◽  
Author(s):  
Bruce E. Kaufman ◽  
Jorge Martinez-Vazquez
Keyword(s):  
Empirical Analysis ◽  
Median Voter ◽  
Labor Relations ◽  
Voter Model ◽  
Median Voter Model ◽  
Using Data ◽  
Stable Employment ◽  
The Empirical Analysis

The authors of this paper use the median voter model to predict the patterns of rank-and-file voting on wage concessions in a multiplant setting, then test those predictions using data from the 1982 GM-UAW negotiations. The model predicts that workers in plants with large layoffs will vote in favor of a wage concession only if they believe that a concession will save their jobs. Surprisingly, workers in plants with growing or stable employment are also actually more likely to vote Yes. A third prediction is that the Yes vote will be smallest in plants with the most adversarial labor relations. The empirical analysis supports all three predictions.

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