scholarly journals Assessment of bankruptcy risks in Czech companies using regression analysis

2021 ◽  
Vol 19 (3) ◽  
pp. 46-55
Author(s):  
Muhammad Yousaf ◽  
Petr Bris
Keyword(s):  
Turnover Rate ◽  
Stepwise Regression ◽  
Academic Research ◽  
Positive Influence ◽  
P Value ◽  
Financial Risks ◽  
Financial Health ◽  
Explanatory Variables ◽  
Return On Capital ◽  
Grant Agency

Bankruptcy is an important topic in academic research and practice. It is a burning issue worldwide in the current COVID-19 situation. The aim of this study is to examine the financial risks of Czech companies. By employing the stepwise regression technique to estimate the financial risks, the p-values of all selected 15 financial ratios (explanatory variables) were calculated. If the p-value of the variable is more than the level of significance, the particular variable is removed from the model and another regression model is calculated. The findings from the stepwise regression revealed that return on capital, current ratio, net working capital turnover rate, and current assets turnover rate have a positive influence on company’s financial health. On the contrary, return on capital employed, asset turnover rate, inventory turnover rate, fixed assets turnover rate, and debt to equity ratio negatively impact the company’s financial health. The findings of this study will be fruitful for managers, policymakers, and investors of the companies to estimate and assess financial risks. AcknowledgmentsThis study is supported by the Internal Grant Agency (IGA) in Tomas Bata University in Zlin, the Czech Republic, under the projects No IGA/FAME/2021/008 and IGA/FAME/2021/014.

scholarly journals Influence of seasonality, salinity and temperature on catch trend of Penaeus indicus H. Milne-Edwards, 1837 in a coastal lagoon, India

2019 ◽  
Vol 66 (1) ◽  
Author(s):  
R.K. Raman ◽  
V.R. Suresh ◽  
S.K. Mohanty ◽  
K.S. Bhatta ◽  
S.K. Karna ◽  
...  
Keyword(s):  
Time Series ◽  
Coastal Lagoons ◽  
Moving Average ◽  
Positive Influence ◽  
Chilika Lagoon ◽  
Explanatory Variables ◽  
Structural Time Series ◽  
Water Temperature Data ◽  
Penaeus Indicus ◽  
Auto Regressive

The catch pattern of P. indicus in coastal lagoons is influenced by seasonal changes in physicochemical parameters of the lagoon ecosystem. In this study the effects of seasonality, salinity and water emperature of lagoon on P. indicus catch were analysed using Structural Time Series Model (STSM) and ARIMAX (Auto Regressive Integrated Moving Average with explanatory variables) modeling approach using monthly time series catch, salinity and water temperature data of the Chilika Lagoon (a Ramsar site) in India for the period from 2001 to 2015. Results showed a significant (p<0.05) increasing stochastic upward trend and two seasonal cycles for P. indicus catch in the lagoon. Salinity was found to have significant positive influence (p<0.05) and temperature to have insignificant positive influence on P. indicus catch in the lagoon.

scholarly journals Assessment of Effect of Hydropower Plant Projects on Socio-Environmental Sustenance and Development in Rwanda: A Review Done At Rubagabaga Hydropower Ltd.

2022 ◽  
Vol 10 (01) ◽  
pp. 2888-2904
Author(s):  
Dr. MUTESI Jean Claude
Keyword(s):  
Community Structure ◽  
Null Hypothesis ◽  
Quantitative Research ◽  
Target Population ◽  
Positive Influence ◽  
Hydropower Plant ◽  
P Value ◽  
Structure And Dynamics ◽  
Hydropower Plants ◽  
The Impact

The study investigated the socio-economic and environmental impact of hydropower projects in Rwanda with a case study of Rubagabaga hydropower Ltd operating from Nyabihu District. It examines the impact of a socio-economic and environmental hydropower plant in Rwanda, identifies the challenge hydropower plants face in Rwanda, and finally investigates the relationship between hydro powers and their socio-economic impact in Rwanda? In this research, the quantitative research design is based on statistical data of the research that was used with quantitative and qualitative methods. Questionnaires were used to collect data. The target population of this study was made up of 252 participants including 154 respondents all from ten different villages surrounding the Rubagabaga plant in Nyabihu District. Data were analyzed using descriptive and correlation analysis and tables that were interpreted to confirm or deny the relevance of the main and specific objectives. Based on results from table no.16 demonstrates that the beta= 0.397 with the t value of 2.333 and the p-value of 0. 021. Since the p-value is less than 0.05, the researcher rejected the null hypothesis and considered it an alternate. There is a strong positive relationship between environmental assessment of hydropower plant projects and socio-environmental sustenance and development. In a nutshell, the researcher has rejected the null hypothesis and considered its alternate. Community structure and dynamics have a positive influence on socio-environmental sustenance and development. Table no.16 shows that beta= 0.341 with the t value of 2.668 as the p-value was 0.009. Since the p-value is less than 0.05. Therefore, the researcher rejected the null hypothesis and considered it an alternate. According to table no.21, the changes in community structure and dynamics of the hydropower plant project cause the increase of 0.341 (34.1%) of the socio-environment sustenance and development. The ratio of beta modal results for the t value expressed t=2.66 hence the probability value is significant on socio-environment sustenance and development noting that sig. =0.009. Carefully, the researcher has rejected the null hypothesis and considered its alternate. With this in mind, community structure and dynamics has a positive influence on socio-environmental sustenance and development. Table no.16 has shown beta= 0.478 with the t value of 4.543 as the p-value was 0.000 which is less than 0.05. According to the findings, the changes in government policies, stability, and support of hydropower plant project causes the increase of 0.478 (47.80%) of the socio-environment sustenance and development. The ratio of beta modal results for the t value expressed t= 4.54 hence the probability value is significant on socio-environment sustenance and development noting that sig. =0.000.

scholarly journals Analysis of the Early Entrepreneurship Rate and the generation of jobs

Minerva ◽  
2021 ◽  
Vol 2 (6) ◽  
pp. 70-78
Author(s):  
Santiago Jacome ◽  
Gina Polit
Keyword(s):  
Alternative Hypothesis ◽  
Academic Research ◽  
Agricultural Economics ◽  
P Value ◽  
Global Entrepreneurship Monitor ◽  
Short Introduction ◽  
Significance Level ◽  
University Of Pretoria ◽  
Entrepreneurship Theory ◽  
Global Entrepreneurship

The article analyzes the Early Entrepreneurship Rate (TEA) and the generation of jobs. The results show in the first instance that undertaking in the province of Tungurahua is very complicated. The EAP of the province is 313,018 between men and women; of these, a quarter are employed in more than 42,500 companies, which is why there has been growth in new companies at the provincial level. Finally, the equation is applied where the constant is employment and established companies and these explain the TEA; therefore, the p value of the variables is less than the significance level, that is, the alternative hypothesis is verified, being that the Early Entrepreneurship Rate (TEA) does generate jobs. Keywords: Entrepreneurship, TEA, Employment, Entrepreneurship rate, employment indicators. References [1]A. Kritiko, «Emprendedores y su impacto en el empleo y el crecimiento económico,» DIW Berlin, University of Potsdam, and IZA, Germany, 2019. [2]J. Amorós and N. Bosma, «Global Entrepreneurship Monitor 2013 Global Report,» GEM, 2018. [3]A. Zoltan, «How Is Entrepreneurship Good for Economic Growth?,» 2016. [4]A. Van Stel, «Análisis empírico del espíritu empresarial y el crecimiento económico,» Libro, 2016. [5]D. Ricardo, «Emprender en la nueva era,» Emprendedores LATAM, 2017. [6]J. Ugoani, «Desarrollo Del Emprendimiento Y Generación De Empleo En Nigeria: Un Estudio De La Dirección Nacional De Empleo,» Independent Journal of Management & Production, 2015. [7]E. Bassey, «Impacto del desarrollo empresarial en la creación de empleo en el estado de Cross River: un caso de la Dirección Nacional de Empleo,» International Journal of Academic Research in Economics and Management Sciences,2018. [8]A. Waidi, «Evaluación del desarrollo de habilidades empresariales en la estrategia de generación de empleo en instituciones terciarias en el estado de Lagos,» Economic Insights – Trends and Challenges, Febrero 2021. [9]T. Trang, «Emprendimiento, autoempleo y creación de empleo en Vietnam,» Agricultural Economics and Management-Master's Programme, 2019. [10]M. Hoppe, «The Entrepreneurship Concept: A Short Introduction,» School of Business, Society and Engineering, Mälardalen University, vol. VI, 2016. [11]G. Gintare and G. Lukas, «Investigación de identificación del concepto de emprendimiento: el aspecto teórico,» International Journal of Economics and Financial, Mayo 2016. [12]M. Kruger, «Entrepreneurship Theory And Creativity,» University of Pretoria etd, 2014. [13]Global Entrepreneurship Monitor, «Marco Conceptual del GEM,» Informe 2017 GEM, 2017. [14]OIT, «Empleo,» México Cómo Vamos, 2015.

Reducing Latent Failure and Securing Productivity in High Risk Systems Using High Reliability Theory

2014 ◽  
Author(s):  
J.. Wattie
Keyword(s):  
Problem Solving ◽  
High Risk ◽  
High Reliability ◽  
Academic Research ◽  
Positive Influence ◽  
Reliability Theory ◽  
Constructive Method ◽  
Individual Interviews ◽  
High Reliability Theory ◽  
Ethnographic Methodology

Abstract This is a study that represents ongoing academic research into the folds of perception, organizational culture and high reliability. In the shadow of persistent industrial failures it is probable that problems with operational safety reside in abnormalities of culture. Such cultural apparitions regularly fuel failure in high risk technologies making innovation rather unreliable. As innovation grows it is worth the effort to investigate further how resilience in the face of eternal socio-technical biases can be improved. Problem solving approaches offer regressive ideas that increase the chances of deviation and the appearace of disasters. The assumption is that resilience can be improved in critical operations using High Reliability Theory (HRT). Moreover HRT is more robust when the new constructive method of Appreciative Inquiry (AI) is applied. This early study shows that existing safety culture in a highly reliable group is positively transformed by AI and makes a more productive organization feasible. Research was conducted from the characteristic insider perspective. A small section of a highly reliable organization was sampled. Using ethnographic methodology feedback from electronic surveying collected personal responses for discussion. While individual interviews proved difficult and the sample group was small there was enough evidence to acknowledge the influence of positive revolution. This study had two major findings a) Using AI methodology stimulates positive, resilient feelings in members and b) members readily used these positive experience to envision a more productive organization. This study can potentially reduce over emphasis on problem solving methods to explain and change the human factors associated with failure. Cultural factors are better studied and modified by positive influence. The study here makes way for more persuasive academic discussion on resilience by constructivist perspectives. High reliability organizations are more sustainably designed on positive principles.

Financial health of Syariah and non-Syariah banks: a comparative analysis

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Elok Heniwati ◽  
Nella Yantiana ◽  
Gita Desyana
Keyword(s):  
Comparative Analysis ◽  
Financial Stability ◽  
Influential Factors ◽  
Financial Health ◽  
Short Term ◽  
Liquid Asset ◽  
Content Type ◽  
Explanatory Variables ◽  
Insolvency Risk

Purpose This paper aims to investigate whether Syariah banks are more financially stable than non-Syariah banks and check the differential impact of explanatory variables in financial health and efficiency in the context of Indonesia. Design/methodology/approach By using unbalanced panel data from Bankfocus over the period 2011–2018, regression analysis is performed with two response variables representing financial health, ZSCORE for return on average assets, liquid asset to deposit and short-term funding ratio. A number of control variables are used as tools to confirm the hypotheses. To check the robustness of the findings, a model with different specifications has been used. Findings The results indicate that while Syariah banks present higher insolvency risk (less health) for long-term activity, the opposite is true for short-term activity. Other findings show that Syariah and non-Syariah banks contribute differently to the national system of financial stability owing to varying influential factors on the bank’s health. Originality/value This paper presents a comparative analysis between the financial stability of Syariah banks and that of non-Syariah banks in Indonesia by building an empirical framework that allows the author to examine the differential effects of each underlying feature on financial stability in Syariah and non-Syariah banks.

scholarly journals Faculty Decisions on Serials Subscriptions Differ Significantly from Decisions Predicted by a Bibliometric Tool

2016 ◽  
Vol 11 (1) ◽  
pp. 63 ◽  
Author(s):  
Sue F Phelps
Keyword(s):  
Research University ◽  
Academic Research ◽  
The United States ◽  
Experimental Methodology ◽  
Quadratic Model ◽  
P Value ◽  
Journal Title ◽  
Binary Variable ◽  
Match Rate ◽  
Significant Difference

A Review of: Knowlton, S. A., Sales, A. C., & Merriman, K. W. (2014). A comparison of faculty and bibliometric valuation of serials subscriptions at an academic research library. Serials Review, 40(1), 28-39. http://dx.doi.org/10.1080/00987913.2014.897174 Abstract Objective – To compare faculty choices of serials subscription cancellations to the scores of a bibliometric tool. Design – Natural experiment. Data was collected about faculty valuations of serials. The California Digital Library Weighted Value Algorithm (CDL-WVA) was used to measure the value of journals to a particular library. These two sets of scores were then compared. Setting – A public research university in the United States of America. Subjects – Teaching and research faculty, as well as serials data. Methods – Experimental methodology was used to compare faculty valuations of serials (based on their journal cancellation choices) to bibliometric valuations of the same journal titles (determined by CDL-WVA scores) to identify the match rate between the faculty choices and the bibliographic data. Faculty were asked to select titles to cancel that totaled approximately 30% of the budget for their disciplinary fund code. This “keep” or “cancel” choice was the binary variable for the study. Usage data was gathered for articles downloaded through the link resolver for titles in each disciplinary dataset, and the CDL-WVA scores were determined for each journal title based on utility, quality, and cost effectiveness. Titles within each dataset were ranked highest to lowest using the CDL-WVA scores within each fund code, and then by subscription cost for titles with the same CDL-WVA score. The journal titles selected for comparison were those that ranked above the approximate 30% of titles chosen for cancellation by faculty and CDL-WVA scores. Researchers estimated an odds ratio of faculty choosing to keep a title and a CDL-WVA score that indicated the title should be kept. The p-value for that result was less than 0.0001, indicating that there was a negligible probability that the results were by chance. They also applied logistic regression to quantify the association between the numeric score of CDL-WVA and the binary variable of the faculty choices. The p-value for this relationship was less than 0.0001, also indicating that the result was not by chance. A quadratic model plotted alongside the previous linear model follows a similar pattern. The p-value of the comparison is 0.0002, which indicates the quadratic model’s fit cannot be explained by random chance. Main Results – The authors point out three outstanding findings. First, the match rate between faculty valuations and bibliometric scores for serials is 65%. This exceeds the 50% rate that would indicate random association, but also indicates a statistically significant difference between faculty and bibliometric valuations. Secondly, the match rate with the bibliometric scores for titles that faculty chose to keep (73%) was higher than those they chose to cancel (54%). Thirdly, the match rate increased with higher bibliometric scores. Conclusions – Though the authors identify only a modest degree of similarity between faculty and bibliometric valuations of serials, it is noted that there is more agreement in the higher valued serials than the lower valued serials. With that in mind, librarians might focus faculty review on the lower scoring titles in the future, taking into consideration that unique faculty interests may drive selection at that level and would need to be balanced with the mission of the library.

Influence of Selected Macroeconomic Variables on Economic Growth in Nigeria (1999 – 2018)

2020 ◽  
Vol 7 (8) ◽  
pp. 315-325
Author(s):  
Lyndon M. Etale ◽  
Lucky L. Imbazi
Keyword(s):  
Economic Growth ◽  
Money Supply ◽  
Least Square Method ◽  
Positive Influence ◽  
Sustainable Growth ◽  
Least Square ◽  
P Value ◽  
Political Will ◽  
Long Run ◽  
Multiple Regression Technique

This study set out to empirically examine the influence of selected microeconomic variables (MEVs) on economic growth in Nigeria between 1999 and 2018. It evaluated gross domestic product (as the measure of economic growth) as a function of four selected variables of MEVs: Interest rate, Exchange rate, Inflation and Broad Money Supply. For effective and efficient analysis of the study variables the multiple regression technique based on the ordinary least square method with the help of several inferential statistical tools were used for data analysis to draw necessary conclusions. The models used analyze the relationship between the selected MEVs. Nigeria’s inability to increase her GDP over the years far above her population growth is heavily dependent on the sincerity of our political will to actualize it. The hypotheses formulated were rejected for three variables because the critical P-value 0.05 is < the calculated P-values; except for BMS Broad Money Supply (BMS) which revealed significant positive influence on GDP with P-value of 0.00 < 0.05 level of significance. The study therefore concluded that macroeconomic decision is not enough to bring about economic growth. The interplay of both fiscal and monetary policy backed up with political will to achieve its objectives both in the short and long-run is required. Nigeria still lack good political will for economic growth and poor governance. Still government should improve the regulations and supervisory role in the financial sector for sustainable growth to be achieved in Nigeria.

scholarly journals Disease prevention: childcare practices of caregivers in day-cares/pre-schools in Ibadan, Nigeria

2021 ◽  
Vol 9 (1) ◽  
pp. 16
Author(s):  
Adaora E. Obiagwu ◽  
IkeOluwapo O. Ajayi
Keyword(s):  
Disease Prevention ◽  
Hand Hygiene ◽  
Cross Sectional Study ◽  
P Value ◽  
Older Children ◽  
Cross Sectional ◽  
Significance Level ◽  
Explanatory Variables ◽  
Training Interventions ◽  
Sick Children

Background: Childhood Disease prevention practices (DPP) by day-care/preschools caregivers are essential to the wellbeing of enrolled children. We assessed DPP such as hand hygiene, feeding, nutrition, handling sick children and pre-employment medical screening in day-cares /pre-schools and the factors associated with DPP.Methods: The cross-sectional study involved 799 pre-school caregivers (teachers and minders/nannies). Ten settlements were selected from five randomly selected metropolitan Local Government Areas in Oyo state, Nigeria. Data collected on DPP was mainly graduated on 3-point Likert like scale: ‘always responses’- allotted 2 points; ‘sometimes’- 1 point; and ‘never’- zero. Using a significance level (p value) set at 5% and higher R-squared values, associations between DPPs and explanatory variables were tested).Results: Mean age of respondents was 33.7±9.5 years. Majority, 594 (74.3%) did not have pre-employment childcare training. Self-reported hand hygiene was highest for stool moments. Most 456 (56.3%) reported formula feeds for 1-6 months and mainly staples for older children. Aggregated DPP score (80) was dichotomized using mean childcare DPP score of 24±4.5. Slightly more than half of the respondents, 453 (56.7%) had inadequate DPP. Formal childcare training p<0.001, current job specification p=0.02 and knowledge of VPD p=0.004 were associated with DPP index. Some predictors of adequate childcare DPP include facility registration status (OR=2.19, 95%CI=1.05-4.56); respondents who had childcare training (OR=1.52, 95%CI=1.083-2.144); affiliation with health (OR=2.0, 95%CI=1.227-3.262).Conclusions: This study highlights childcare DPP within the day-cares/pre-schools and provides evidence for tailored training interventions and monitoring of the facilities.  

scholarly journals Microeconomic Firm Characteristics and Long Run Returns: The Case of Firms That Issued Equity at Nairobi Securities Exchange

2020 ◽  
Vol 5 (4) ◽  
Author(s):  
Martin Khoya Odipo ◽  
◽  
Tobias Olweny ◽  
Oluoch Oluoch ◽  
◽  
...  
Keyword(s):  
Positive Influence ◽  
Bench Mark ◽  
Economic Determinants ◽  
Explanatory Variables ◽  
Study Approach ◽  
Measurement Models ◽  
Average Return ◽  
Long Run ◽  
Better Than

This study looks at micro-economic determinants of long run performance of shares issued in Nairobi Securities Exchange from 1st Jan. 2007 to 31st Dec.2013. Do these selected microeconomic determinants have statistically significant effects on long run return on equity issued in the Nairobi security exchange in Kenya? The study has a total 12 firms that issued shares in the security exchange during this period. In order to achieve the objectives of the study “a calendar study” approach on the issued shares was adopted. Monthly average returns were calculated for a period of 5 years. Nine hypotheses were deduced and executed. Three were based on benchmarks namely: Nairobi Securities Exchange Index (NSEI), Capital Asset Pricing Model (CAPM) and Matching Firms (MF). Along with the 3 mentioned measurement models, other 6 micro-economic variables were incorporated in the study; firm size, offer size, stock turnover, book/ market ratio, age and quality of underwriter. A panel data multi-regression and single regression analysis were run to examine the relationship between average return and micro-economic determinants on firm performance in the long run. The results of the study showed that the study corresponds with some of results of the previous studies with regard to the long run returns of either under or over performance. The level of under of over performance based on the benchmarks used were that NSEI and Matching firms performed better than firms that issued equity. However firms that issued equity performed better than CAPM as bench mark. The study also revealed that two explanatory variables; Age and Quality of underwriter were statistically significant as determinants of long run performance. Finally two independent variables were found to have positive influence on firms that issued equity in the NSE. In conclusion this study confirmed the results of previous studies done either supporting certain variables as determinants of long run return or do not support certain variables as determinants of long run return.

scholarly journals Maternal Factors Associated With Low Birth Weight Babies

2020 ◽  
Vol 10 (4) ◽  
pp. 287-290
Author(s):  
Shazia Aftab ◽  
Paras Golo ◽  
Alma Iqbal
Keyword(s):  
Birth Weight ◽  
Low Birth Weight ◽  
Maternal Diet ◽  
Positive Influence ◽  
P Value ◽  
College Hospital ◽  
Cross Sectional ◽  
Maternal Risk ◽  
Younger Age ◽  
Low Birth Weight Babies

Objective: To determine the obstetric, antenatal, natal and socio-economic factors affecting low birth weight (LBW) babies. Study design and setting: The cross-sectional study was conducted from February2019 till May2019 at Jinnah Medical College hospital Karachi. Methodology: The targeted population was 100 mothers who recently delivered their babies and were present in the hospital during postpartum period. Variables included obstetric history, maternal risk factors, socioeconomic status and education of parents. Weight of the neonates was noted by the doctors within 24 hours of birth. Data was analysed on SPSS version 21. Results: Variables having significant and positive influence on LBW were; age, activity and occupation of mother, age at first pregnancy, no. of pregnancies, maternal anemia. The 48% of low birth weight babies were present in mothers belonging to younger age group (18-20 years). The incidence of low birth weight increases with increased number of pregnancies, women with greater than 3 pregnancies had 18% of 1.6-2kg of weight of babies, 12% of 2.1-2.5kg of weight, 10% of 1.1- 1.5kg of weight. Mother’s with poor diet had 36% of 2.1-2.5kg of weight. Women with high activity during pregnancy having 53% of 1.6-2kg of weight babies. Regarding occupation 40% of housewife’s risks of 1.6-2kg weight of baby with p-value of <0.05 as activity during pregnancy was high. Conclusion: Factors like younger age women, multi-parity, increased physical activity maternal diet, anemia due to nutritional deficiencywere contributed to low birth weight babies

Sign in / Sign up

Export Citation Format

Share Document