Estimating inward regional FDI spillover in Vietnamese manufacturing firms: ownership structure and firm characteristics

2019 ◽  
Vol 12 (4) ◽  
pp. 542
Author(s):  
Nga T.T. Le ◽  
Hoa D.X. Trieu ◽  
Phuong V. Nguyen ◽  
Hien T.N. Huynh ◽  
Khoa T. Tran
Keyword(s):  
Ownership Structure ◽  
Manufacturing Firms ◽  
Firm Characteristics

scholarly journals Firm Characteristics and Dividend Policy of Quoted Manufacturing Firms in Sub-Sahara Africa

2020 ◽  
pp. 50-57
Author(s):  
Ajibade, Ayodeji Temitope ◽  
Agi, Mayflowers Kysburn
Keyword(s):  
Firm Size ◽  
Ownership Structure ◽  
Financial Distress ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Manufacturing Firms ◽  
Firm Characteristics ◽  
Dividend Payout ◽  
Johannesburg Stock Exchange ◽  
Dividend Payments

The study examined the effect of firm characteristics on dividend policy in quoted manufacturing firms in Sub-Sahara Africa. Panel data were obtained from twenty (20) quoted manufacturing firms from the Nigerian Stock Exchange, Ghana Stock Exchange, Lusaka Stock Exchange, Johannesburg Stock Exchange and Nairobi Stock Exchange over a period of ten (10) years (2008-2017). The data were analyzed using both descriptive and inferential statistics. Dividend payout ratio was used as a proxy for dividend policy, while liquidity, ownership structure, firm size and leverage were used as proxies for firm characteristics. The study found liquidity to have a positive insignificant impact on dividend payout ratio; a positive insignificant impact of ownership structure on dividend payout ratio; a positive insignificant impact of firm size on dividend payout ratio; a positive significant impact of leverage on dividend payout ratio and jointly, a positive significant impact. It was therefore recommended that manufacturing firms should practice optimum working capital management in order to increase its liquidity level and diminish any likelihood of financial distress. An efficient use of its resources in order to improve performance, profitability as well as its ability to pay dividends. Investors should look out for trends in dividend payments before making investments.

Estimating inward regional FDI spillover in Vietnamese manufacturing firms: ownership structure and firm characteristics

2019 ◽  
Vol 12 (4) ◽  
pp. 542
Author(s):  
Hien T.N. Huynh ◽  
Khoa T. Tran ◽  
Phuong V. Nguyen ◽  
Nga T.T. Le ◽  
Hoa D.X. Trieu
Keyword(s):  
Ownership Structure ◽  
Manufacturing Firms ◽  
Firm Characteristics

Determinants of corporate social and environmental voluntary disclosure in Saudi listed firms

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Helmi A. Boshnak
Keyword(s):  
Corporate Governance ◽  
Firm Size ◽  
Ownership Structure ◽  
Voluntary Disclosure ◽  
Firm Characteristics ◽  
Content Type ◽  
Listed Firms ◽  
Corporate Social ◽  
The Impact ◽  
Ifrs Implementation

Purpose This paper aims to examine firm characteristics and ownership structure determinants of corporate social and environmental voluntary disclosure (CSEVD) practices in Saudi Arabia to address the paucity of research in this field for Saudi listed firms. Design/methodology/approach The paper uses manual content and regression analyses for online annual report data for Saudi non-financial listed firms over the period 2016–2018 using CSEVD items drawing on global reporting initiative-G4 guidelines. Findings Models show that Saudi firm CSEVD has increased over time compared to previous studies to an average of 68% disclosure due to new corporate governance regulations and IFRS implementation. The models show that firm size, leverage, manufacturing industry type and government ownership are positive determinants of CSEVD, while family ownership is the negative driver of CSEVD. However, firm profitability, audit firm size, firm age and institutional ownership have no impact on the level of CSEVD. Originality/value Using legitimacy and stakeholder theories, the paper determines the influence of firm characteristics and ownership structure on CSEVD, identifying implications for firm stakeholders and providing some evidence on the impact of corporate governance regulation and IFRS implementation on such disclosure. The paper provides additional evidence on progress towards Saudi’s Vision 2030.

scholarly journals Do Innovation and Offshoring Make a Difference? An Empirical Exploration of the Effects on the Performance of European Firms

2016 ◽  
Vol 9 (7) ◽  
pp. 98 ◽  
Author(s):  
Pinuccia Calia ◽  
Ida D'Attoma ◽  
Silvia Pacei
Keyword(s):  
Economic Performance ◽  
Driving Forces ◽  
Manufacturing Firms ◽  
Point Of View ◽  
Firm Characteristics ◽  
Factors Affecting ◽  
Self Selection ◽  
Firm Profitability ◽  
Selection Mechanisms ◽  
The Eu

<p>This study attempts to answer the question of whether European manufacturing firms that undertake offshoring, innovation or both benefit from higher productivity and profitability. From a methodological point of view, the driving forces that push firms to innovate and/or to offshore can be seen as self-selection mechanisms that make the estimation of their economic impact more difficult if the confounding factors affecting these mechanisms also affect the economic performance of the firms. To disentangle the effect of both offshoring and innovation on firms’ performances from the effect of firm characteristics, the propensity score matching methodology in a multi-overlapping treatment setting is used.<strong> </strong>The study targets European countries using the EU-EFIGE/Bruegel-Unicredit dataset. Decisions to offshore and innovate do not seem to have a significant effect on productivity, whereas the decision to innovate only has a significant effect on firm profitability.<strong> </strong></p>

scholarly journals Ownership Structure and Cash Holdings: Insights from Manufacturing Firms

2021 ◽  
Vol 42 (3) ◽  
pp. 59-73
Author(s):  
Maheswar Sethi ◽  
Rabindra Kumar Swain ◽  
Sakti Ranjan Dash
Keyword(s):  
Ownership Structure ◽  
Cash Holdings ◽  
Manufacturing Firms

The Relation between Efficient Risk-Sharing Arrangements and Firm Characteristics: Evidence from the Managed Care Industry

2002 ◽  
Vol 14 (1) ◽  
pp. 99-117 ◽  
Author(s):  
Andrew J. Leone
Keyword(s):  
Control Systems ◽  
Ownership Structure ◽  
Primary Care Physicians ◽  
Risk Sharing ◽  
Agency Costs ◽  
Organizational Form ◽  
Management Control ◽  
Firm Characteristics ◽  
Physician Payment ◽  
Independent Contractors

This study examines contracts between HMOs and Primary Care Physicians. These contracts represent one important component of HMOs' management control systems. I argue that HMOs design contracts to minimize agency costs that arise from the physician moral hazard problem. The agency costs and resulting HMO-physician-payment arrangements depend on an HMO's organizational form, customer mix, and environment. Physicians can work as HMO employees or as independent contractors operating individually or in group practice. These features, together with the HMO ownership structure, determine the HMO's organizational form. The level of Medicare enrollment characterizes the HMO's customer mix. The empirical results presented in this study are generally consistent with the theory.

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