scholarly journals An International Investigation Of Conservative Bias And Accounting Practices

2010 ◽  
Vol 9 (7) ◽  
Author(s):  
Joan Hollister ◽  
Victoria Shoaf
Keyword(s):  
Stock Prices ◽  
Earnings Persistence ◽  
Short Term ◽  
Development Costs ◽  
Net Operating Assets ◽  
Relationship Of ◽  
The Impact ◽  
The Relationship ◽  
Conservative Bias

This paper investigates the relationship between conservatism of accrual accounting and the relationship described by Ohlson (1995) and Feltham and Ohlson (1995) between future profitability and both current profitability and the growth in net operating assets.  To evaluate the conservatism of accounting practices, we construct an annual index for six countries based on the relationship of depreciation and amortization expense and research and development costs expensed to the underlying long-term operating assets.  As in Fairfield, Whisenant, and Yohn (2003, hereafter FWY), the growth in net operating assets is disaggregated into growth in long-term net operating assets and accruals.  We focus on the accrual practices used by companies listed on the primary exchanges in six countries, to assess whether there are country-specific accounting differences that affect the profitability relationship, and whether such differences are related to the negative earnings persistence of the components of growth in net operating assets documented by FWY for the US.  Following FWY, we also disaggregate growth in net operating assets into growth in net long-term operating assets and growth in net short-term operating assets to assess their relative persistence.  Our findings suggest that variation in the conservative bias in accounting practices affects the impact of the growth in short-term and long-term net operating assets differently, providing evidence that the accrual anomaly is not just another representation of the growth anomaly.  Finally, we employ the Mishkin (1983) model to extend internationally the FWY findings of market inefficiency with regards to the impounding in stock prices information conveyed by investments in short-term and long-term net operating assets.

PENGARUH INSTRUMEN SERTIFIKAT BANK INDONESIA (SBI), PASAR UANG ANTAR BANK (PUAB), SERTIFIKAT BANK INDONESIA SYARIAH (SBIS), PASAR UANG ANTAR BANK SYARIAH (PUAS) TERHADAP M2 DI INDONESIA PERIODE 2009-2016

2019 ◽  
Vol 5 (1) ◽  
pp. 78
Author(s):  
Sakinah Rachman ◽  
Sri Herianingrum
Keyword(s):  
Money Supply ◽  
Quantitative Approach ◽  
Short Term ◽  
Conventional Instrument ◽  
Relationship Of ◽  
The Relationship

This study aims to determine to know the relationship of short term and long term of dualism monetary instrument, in conventional there is SBI, and PUAB, money supply (M2) and in islamic instrument there is SBIS,PUAS and money supply (M2). The approach used is a quantitative approach using VAR/VECM. The results of the analysis most contribution most retrieved from M2 variable. While conventional instrument rated the more stable and able to provide higer valure campared to islamic instruments. The result showed that variable of SBIhave positive significant corelation in long term and has contributions reached 10,1%. PUAB variable showed that have significant in long term by giving contribution of 4,68%. Next in islamic instrument, SBIS significant on long term by providing a contribution amount 1,01%, while PUAS have a significant in long term with contribution reached 25,27%. The results of the analysis most contribution most retrieved from M2 variable.

Terrorism and tourism in Israel

2016 ◽  
Vol 23 (6) ◽  
pp. 1343-1352 ◽  
Author(s):  
Marion Karl ◽  
Gordon Winder ◽  
Alexander Bauer
Keyword(s):  
Time Lag ◽  
Research Model ◽  
Long Term Effects ◽  
Short Term ◽  
Event Tourism ◽  
Using Data ◽  
Terrorist Event ◽  
The Impact ◽  
The Relationship

While the relation between terrorism and tourism has been an important topic for tourism research, the questions whether terrorism affects tourism immediately and how long after a terrorism event tourism recovers are, as yet, not clearly answered. The aim of this article is to better understand the magnitude and temporal scale of the impact of terrorism on tourism. To this end, a research model differentiating between short-term and long-term effects of terrorism on tourism is developed and analyzed for the destination Israel using data on tourists from Germany. The results show both short-term and long-term impacts with a time lag between the terrorist event and the beginning of tourism decline of 1 or up to 6 months. An economic influence on the development of tourist arrivals was not detected, but seasonality plays an important role in the relationship between terrorism and tourism.

scholarly journals The Impact of Oil Prices on the Economy of Vietnam

2015 ◽  
Vol 22 (04) ◽  
pp. 142-159
Author(s):  
Hoa Nguyen Thi Lien ◽  
Trang Tran Thu ◽  
Giang Nguyen Le Ngan
Keyword(s):  
Industrial Production ◽  
Oil Prices ◽  
Test Results ◽  
Macroeconomic Performance ◽  
Price Shocks ◽  
Short Term ◽  
Correction Model ◽  
The Impact ◽  
The Relationship

In this paper we study the relationship between oil prices and macroeconomic performance by investigating the impact of oil price shocks on key macroeconomic variables of Vietnam over the 2001–2012 period. In order to test the relationship between oil prices and the value of industrial production, we use cointegration method to consider the long-term relationship and Error Correction Model (ECM) to ponder the short-term one. The test results show that the price of oil and the value of industrial production in Vietnam are positively correlated in the long term, whereas in the short term the volatility of oil prices in the last two months will negatively affect the fluctuation in the value of the current industrial production.

scholarly journals Impact of Capital Structure on Profitability:An empirical analysis of listed firms in India

2018 ◽  
Vol 7 (2) ◽  
pp. 1-6
Author(s):  
Atif Ghayas ◽  
Javaid Akhter
Keyword(s):  
Capital Structure ◽  
Stock Exchange ◽  
Short Term ◽  
Return On Equity ◽  
Listed Firms ◽  
Relationship Capital ◽  
The Impact ◽  
The Relationship ◽  
Positive Effect

This study aims to empirically examine and analyze the impact of capital structure decision on the firm’s profitability by using a sample of 35 Indian pharmaceutical companies listed on Bombay Stock Exchange (BSE) during the period of 5 years from 2012 to 2016. Regression Analysis is used to measure the extent and nature of the relationship. Capital structure variables used in the study are ratio of long-term debt to total assets (LDA), ratio of short-term debt to total assets (SDA) and ratio of Total debt to total assets (DA) while profitability has been measure by Return on Equity (ROE). Firms Size (SIZE)and Salesgrowth(GROW) are also used as control variables. Results reveal a positive effect of SDA and DA on ROE, while a weak-to-no effect was found of LDA on ROE.

scholarly journals Capital Structure and Bank Performance: Empirical Evidence from Bangladesh

2020 ◽  
Vol 12 (1) ◽  
pp. 161
Author(s):  
Md. Ibrahim Molla
Keyword(s):  
Capital Structure ◽  
Positive Impact ◽  
Stock Exchange ◽  
Positive Influence ◽  
Bank Performance ◽  
Total Debt ◽  
Relationship Of ◽  
The Impact ◽  
The Relationship

The paper empirically investigates the relationship between capital structure and the performance of listed banks in Bangladesh using panel data over the period of five years from 2014-2018. To estimate the association between leverage level and bank performance the Panel Corrected Standard Error (PCSE) model is used in this study and the findings indicate that long term debt has a positive influence on the performance of banks which is measured in terms of ROA and ROE. This implies that long term debts are associated with the higher performance of banks listed in Bangladesh. The regression results also reveal that the capital structure component of total debt has no statistically significant impact on ROA, ROE and EPS but it has a significant positive impact on the performance of banks measured by price earning ratio. Furthermore, this analysis finds no relationship of long term debt and total debt with the EPS. These findings lead to conclude that capital structure has a weak to no influence on the performance of listed banks in Bangladesh. This paper is the first research attempt that investigates the impact of capital structure on the performance of all banks listed on the Dhaka Stock Exchange in Bangladesh.

Transnational practices of migrants from post-Soviet states in Russia

2021 ◽  
pp. 56
Author(s):  
Anna Endryushko
Keyword(s):  
Country Of Origin ◽  
Regional Studies ◽  
Household Economy ◽  
Short Term ◽  
Interethnic Relations ◽  
Migration Strategies ◽  
Relationship Of ◽  
First Time ◽  
The Relationship

For the first time, using quantitative survey data, the author analyze prevalence of the main transnational practices of migrants from the post-Soviet states in the Moscow region. The empirical basis of the study consists  of the sociological surveys of migrants conducted in 2017 and 2020 by the Center for Ethnopolitical and Regional Studies for the Higher School of Economics and the team of the Center for the Study of Interethnic Relations of the IS FCTAS RAS . The author concludes that close relationships exist between migrants and their countries of origin, as well as the widespread prevalence of transnational practices. The basis of ties consists of frequent trips to the country of origin, the presence of a large number of relatives in the country of origin, regular communication with them, as well as regular cash transfers from migrants to their homeland, which form the basis of the household economy in these countries. The relationship of some transnational practices (including remittances) with the long-term migration strategies of the respondents suggests that the reorientation of migration from short-term to long-term will also reduce the scale of transnationalism.

scholarly journals The Chemopreventive Efficacies of Nonsteroidal Anti-inflammatory Drugs: The Relationship of Short-term Biomarkers to Long-term Skin Tumor Outcome

2013 ◽  
Vol 6 (7) ◽  
pp. 675-685 ◽  
Author(s):  
Carol D. Mikulec ◽  
Joyce E. Rundhaug ◽  
Melissa S. Simper ◽  
Ronald A. Lubet ◽  
Susan M. Fischer
Keyword(s):  
Skin Tumor ◽  
Short Term ◽  
Inflammatory Drugs ◽  
Anti Inflammatory ◽  
Relationship Of ◽  
The Relationship

Body Height and Occupational Success for Actors and Actresses

2010 ◽  
Vol 107 (1) ◽  
pp. 25-38 ◽  
Author(s):  
Stefan Stieger ◽  
Christoph Burger
Keyword(s):  
Body Height ◽  
Annual Income ◽  
Online Database ◽  
Short Term ◽  
Occupational Success ◽  
Negative Effect ◽  
Relationship Of ◽  
The Relationship ◽  
Positive Effect

The association of body height with occupational success has been frequently studied, with previous research mainly finding a positive effect among men and positive or null effects among women. Occupational success has almost exclusively been measured so far by short-term success variables (e.g., annual income). In the present study, the relationship of success and height was examined in a group of actors and actresses using a large online database about movies (Internet Movie Database) where heights of actors and actresses are stated. The number of roles played in movies and television series during each actor's lifetime was used as a measure of long-term occupational success. No height effect was found for male actors but a significant negative effect was found for actresses, even after controlling for possible confounding influences (age and birth year). Compared to the general population, actors and actresses were significantly taller; however, actresses who were shorter than average were more likely to achieve greater occupational success, in terms of being featured in more movies.

scholarly journals Footprint of Personality Characteristics on Financing Objectives: The Arbitrating capacity of Risk Attitude and the Moderating capacity of Investment Savvy

2021 ◽  
Vol 6 (4) ◽  
pp. 163-169
Author(s):  
Javed Hussain ◽  
Tariq Mehmood Dar ◽  
Neelofer Tariq
Keyword(s):  
Risk Attitude ◽  
Personality Characteristics ◽  
Short Term ◽  
Long Run ◽  
Dependent Variables ◽  
Relationship Of ◽  
The Relationship ◽  
Moderating Role

The following study clarifies the role of risk attitude in revolving the relationship between Financing Objectives and personality characteristics and the moderating role of investment savvy between risk attitude and financing objectives by the particular sample size of 200 students. The participants of the study belonged from finance background. To simplify the collected data, the regression analyses was utilized in a flow to implicate the effect upon the dependent variables of the independent variables. To get more enhanced results, the mediator and the moderator were uplifted. Hence by, the results revealed that individuals who are activity, determined, and sympathy towards others are more willing to opt for STFO (short term financing objectives). Whilst, in long run extraversion, openness to experience and agreeableness, and conscientiousness traits are more inclined towards LTFO (long term financing objectives). Moreover, the study further mentions that STFO and LTFO are not much affected by investment savvy of an individuals. Nonetheless, the investment savvy is not really bothered by the relationship of financing objectives and risk attitude.

scholarly journals The Impact of Different Firm Sizes on Capital Structure Determinants Among Listed Consumer Product Firms In Malaysia

2018 ◽  
Vol 5 (2) ◽  
pp. 1-6
Author(s):  
Hishan S Sanil ◽  
Ahmad Amirul Arsyad bin Noraidi ◽  
Suresh Ramakrishnan
Keyword(s):  
Capital Structure ◽  
Annual Report ◽  
Fixed Effect ◽  
Consumer Product ◽  
Short Term ◽  
Effect Analysis ◽  
Total Debt ◽  
The Impact ◽  
The Relationship

This research is conducted to determine the impact of different firm sizes on the relationship between capital structure determinants and leverage among listed consumer product firms in Malaysia from year 2006 to 2015. All data was taken from annual report of the companies by using DataStream. In 2015, 130 firms were listed in Bursa Malaysia under the consumer product sector. However, only 108 firms were observed as several firms had insufficient data. This study uses the dependent variable of debt ratios i.e. short-term debt, long-term debt and total debt. The independent variables used are firm size, profitability, tangibility, liquidity, growth, non-tax debt shield and business risk. Those results were obtained by applying Pooled OLS and Fixed Effect Analysis. The main finding of this study is that different firm sizes will affect the relationship between capital structure determinants and leverage. The Fixed Effect analysis revealed that all determinants were significant across all types firm sizes. Furthermore, non-tax debt shield had the largest impact to all types of leverage across different firm sizes.

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