The Social Issue in the Company

Author(s):  
Abdelatif Kerzabi ◽  
Nawal Chemma

In this study, we investigate the impact of government debt on the economic growth of Ghana adopting the methodology of the simple Ordinary Least Squares with data spanning from 1990 to 2015. Ghana has unfortunately found itself in the tragic situation of high external government debt which has led to high dependency on aid and other loans to support its development. These aids and loans have seen the debt of Ghana rise steadily over the years. As a result of the Heavily-Indebted Poor Countries (HIPC) which was presented by the IMF and World Bank in 1999, Ghana was judged to be a HIPC with unsustainable debt enabling the country to benefit from debt relief. We investigate the impact of government debt (both external and domestic) by testing three related models at the domestic and external levels including the general growth of the Ghanaian economy. In constructing our dataset, we build on the study of many scholars including a substantial amount of new materials from both primary and secondary data sources being Ministry of Finance (MOF) or Treasury Latest actual data: Government Finance Statistics Manual (GFSM), Ghana and World Bank. The research findings revealed that there is a negative relationship between debt (domestic and external) and growth in the economy of Ghana and recommend among others that government debt borrowing should be discouraged while increasing the revenue base through tax reform programs is encouraged.

Author(s):  
Lucy Anning ◽  
Collins Frimpong Ofori ◽  
Ernest Kwame Affum

In this study we investigate the impact of government debt on the economic growth of Ghana adopting the methodology of the simple Ordinary Least Squares with data spanning from 1990 to 2015. Ghana has unfortunately found itself in the tragic situation of high external government debt which has led to high dependency on aid and other loans to support its development. These aids and loans have seen the debt of Ghana rise steadily over the years. As a result of the Heavily-Indebted Poor Countries (HIPC) which was presented by the IMF and World Bank in 1999, Ghana was judged to be a HIPC with unsustainable debt enabling the country to benefit from debt relief. We investigate the impact of government debt (both external and domestic) by testing three related models at the domestic and external levels including the general growth of the Ghanaian economy. In constructing our dataset, we build on the study of many scholars including a substantial amount of new materials from both primary and secondary data sources being Ministry of Finance (MOF) or Treasury Latest actual data: Government Finance Statistics Manual (GFSM), Ghana and World Bank. The research findings revealed that there is a negative relationship between debt (domestic and external) and growth in the economy of Ghana and recommend among others that government debt borrowing should be discouraged while increasing the revenue base through tax reform programs is encouraged.


2021 ◽  
Vol 3 (1) ◽  
pp. 10-16
Author(s):  
Arin Jannah Dinonasih ◽  

This study aims to investigate the impact of money demand motive on a money supply based on keyness theory. The method used in this study is the ordinary least squares method with an annual period from 2011 to 2020. We find that In Indonesia, the money demand motive has a significant effect on money supply where the transaction motive has a significant negative relationship with the money supply. A precautionary motive has a significant positive correlation with the money supply. The motive of speculation has a significant positive relationship with the money supply.


2019 ◽  
Vol 23 (4) ◽  
pp. 291-305 ◽  
Author(s):  
Asif Hussain Samo ◽  
Hadeeqa Murad

Purpose This study aims to determine the impact of liquidity and financial leverage on the profitability, using a sample of 40 selected publicly quoted companies in the textile sector of the Pakistani economy. Design/methodology/approach Through quantitative approach, pooled panel regression and descriptive statistics models are used by taking annual data of Pakistan’s textile sectors from 2006 to 2016. Secondary data has been gathered from financial statements of the firms. Findings The results revealed that there is a positive relationship between liquidity and profitability and negative relationship between financial leverage and profitability. The results for liquidity measure CR revealed positive strong impact on ROA and the financial leverage measure D_E ratio showed negative but not strong impact on ROA. The other part of result concluded that there is a positive strong impact of C_R on ROE too and D_E has a negative impact on ROE. Research limitations/implications The results are showing the impact among these ratios for the textile sector of Pakistan only. Practical implications This study can help higher management of textile firms firm in decision-making stating clearly about how to perform well to enhance financial health of company, which can encourage investors to invest in companies having sound market standing. Originality/value This study takes the latest empirical data with different analysis technique.


Author(s):  
Yu Hai Yun

The result or outcome of an entity for its deliberate operational success is the outcome or outcome of an institution with regard to the desired objectives and targets. Operational output the study utilizes the analytical data collection process. For analysis, though, it will use both primary and secondary information. The main statistics is information that the author gathers through surveys or questionnaires and the secondary data is the data collected from prior studies and research. The study examined the effect of change management on the quality of workers, taking into account many factors such as ethics, productivity, morale and interaction among others. The research findings have shown that the greater the integrity of workers and the better the interaction, the higher the productivity and the lower the attrition. The study analyzed the impact of change management on employees’ performance, taking into account many factors such as organizational ethics, recruitment, morale and interaction. The research results demonstrate that the higher the moral and communication standards of employees are at work, the greater the retention and the lower the turnover.


2020 ◽  
Vol 3 (2) ◽  
pp. 64-76
Author(s):  
Bibiana Njogo ◽  
◽  
Jaiyeoba Oladele ◽  
Oladotun Mabinuori ◽  
◽  
...  

Empirical studies have shown that equity and debt financing is one of the important determinants affecting the performance of a company. This study sought to examine the impact of equity and debt financing on performance on quoted manufacturing companies in Nigeria using the Panel Fully Modified Least Square on secondary data on earnings per share, debt and equity covering the period 2010-2018. To increase earnings, findings show that equity positively influences earnings per share while a negative relationship exists between earnings per share and debt. The study recommends that firms should finance their company majorly with equity shares rather than debt. KEY WORDS: Corporate governance, Equity, Debt, Earnings per share, and Firm’s performance.


2021 ◽  
Author(s):  
Jen Murphy ◽  
Mark Elliot

Introduction: In March 2020 in response to the COVID pandemic the UK government declared a national lockdown where citizens were required to stay at home. The impact of this lockdown on levels of well-being has been a source of concern for citizens and mental health professionals.Objectives: We investigated the trajectory of well-being over the course of the ?first wave and sought to determine whether the change in well-being is distributed equally across the population. Speci?fically we investigated pre-existing medical conditions, social isolation, ?financial stress and deprivation as a predictor for well-being and whether there were community level characteristics which protect against poorer well-being.Methods: Using online survey responses from the COVID19 modules of Understanding society, we linked 8,379 English cases across ?five waves of data collection to location based deprivation statistics. We used ordinary least squares regression to estimate the association between deprivation, pre-existing conditions and socio-demographic factors and the change in well-being scores over time, as measured by the GHQ-12 questionnaire.Results: A decline in well-being was observed at the beginning of the fi?rst lock down period at the beginning of March 2020. This was matched with a corresponding recovery between April and July as restrictions were gradually lifted. There was no association between the decline and deprivation, nor between deprivation and recovery. The strongest predictor of well-being during the lockdown, was the baseline score, with the counterintuitive finding that for those will pre-existing poor well-being, the impact of pandemic restrictions on mental health were minimal, but for those who had previously felt well, the restrictions and the impact of the pandemic on well-being were much greater.Conclusion: These data show no evidence of a social gradient in well-being related to the pandemic. In fact, wellbeing was shown to be highly elastic in this period indicating a national level of resilience which cut across the usually observed health inequalities.


Author(s):  
Liucija Birškytė

Purpose – though the global financial crisis is well behind us several EU countries continue to experience problems with public finance stability and need to cope with the consequences of high public debt. The purpose of the article is to find the relationship between government debt and of public finance stability in Lithuania. Research methodology – in order to achieve the aim of the article Financial Stability Index (FSI) for Lithuania has been created. It is based on theory and previous research. To find the determinants of FSI the multiple regression analysis model was specified and tested using Ordinary Least Squares (OLS). Findings – the results of multiple regression analysis indicate the government debt has a statistically significant impact on FSI, ceteris paribus. Other findings of the research show that profit or loss of the non-financial sector, foreign trade balance as well as a foreign direct investment are significant determinants of public finance stability. Research limitations – one of the limitations of this research is the small sample size that has an impact on the validity and generalizability of the results. Having a longer time-series data or panel data for more countries would improve the robustness and applicability of research results. Practical implications – the results of the research provide guidance to policymakers in the public finance area. Originality/Value − this paper contributes to the scarce literature on government debt and other determinants of financial stability in Lithuania


2020 ◽  
Vol 6 ◽  
Author(s):  
Michael Blackhurst

The energy effects of roofs have primarily been studied using theoretical models. However, empirical methods are needed for validation or when not all drivers of energy change can be observed. This study used mixed empirical techniques to estimate the impact of whitening existing roofs. Two years of hourly site cooling energy use were collected for 114 homes in Austin, TX. Seven properties selected to have their roofs coated white at no charge, imitating incentive policies. The empirical results are mixed, primarily limited by the small treated sample size. Individual household comparisons generally demonstrate statistically significant impacts of whitening, ranging from 14% to 49.2% reductions in daytime site cooling energy use and a 9.7% increase to a 40.3% decrease in nighttime site cooling energy use. Ordinary least squares regression estimates statistically significant mean daytime reductions of 9.7% but no significant nighttime effects. However, clustering the standard errors by household substantially reduces the significance level. Tweedie regression, which better accommodates slightly inflated zeros in the sample, demonstrates significant daytime and nighttime reductions of 14.3% and 5.5%, respectively. A life-cycle costs analysis using a mix of primary and secondary data explored the secondary benefit of delaying roof replacement resulting from the added protection of the coating material. Absent this delay, whitening would pay for itself in only 41% of simulations with a median net cost of $310 and simple payback of 22 years. Including a benefit to delay roof replacement, the median payback period is 1 year and the median net benefit is $310 across a range of assumptions. However, the benefits of whitening are only robust for older roofs and longer service lives for the coating. For roofs older than 10 years of age, most simulations reflect net benefits if the coating lasts at least 5 years.


2015 ◽  
Vol 1 (2) ◽  
pp. 55 ◽  
Author(s):  
Sabo Muhammad ◽  
Rabi’U Saminu Jibril ◽  
Usman Sani K. Wambai ◽  
Fatima Bello Ibrahim ◽  
Tjjani Habibu Ahmad

The paper examines the impact of working capital management on corporate profitability through the periods of 2008 to 2012. The total of seven firms listed on the floor of the Nigerian Stock Exchange was studied, using secondary data generated from annual reports and accounts of the sampled companies and the Nigerian Stock Exchange Fact book. The data were analyzed by means of descriptive statistics and GLS regression analysis using STATA 11. The study finds a positive relationship among Average Collection Period (ACP), Current Ratio (CR) and the size of the firm (LOGSIZE) with Profitability and a negative relationship with Inventory Turnover Period (ITP), Average Payment Period (APP). The paper therefore recommends that cash collected should be re-invested into short-term investment to generate profits and fund left idle in the cash or excessive liquidity is costly and do not lead to profitability.


2021 ◽  
pp. 49-58
Author(s):  
Dimas Perdana Oskar ◽  
Andhika Anggawira

Failure in promotional activities if not well managed will make business people in some condition that is known as mental blocking. This research design is descriptive research into secondary data with cross sectional approach which was held to understand the impact of mental blocking toward analytical and critical thinking in micro and small enterprise promotion activities. This research location was in Padang by collecting 229 research questionnaires from micro and small business women from July 28th 2020 to August 7th 2020 with 5% error rate. We can conclude that there was negative relationship between mental blocking and analytical and critical thinking with R -0.62. On the same hand, this research finding is that mental blocking have no significant impact toward analytical and critical thinking where R2is 4 percent. This was due to majority in scoring distribution of mental blocking aspect were in low level while majority in scoring distribution of analytical and critical thinking in higher level. This study suggested that future researcher must simplified the research scale and deeper analysis in finding other variable.


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