scholarly journals Audit indicators and financial performance of manufacturing firms in Nigeria

2021 ◽  
Vol 6 ◽  
Author(s):  
Victor Chukwunweike Ehiedu ◽  
Gladys Toria

This study investigated audit Indicators and financial performance of manufacturing firms in Nigeria during the period 2003-2020 (18 years). The researcher used three firms Unilever Nigeria Plc., Beta Glass Plc. and Meyer Plc. The dependent variable was measured with earnings per share (EPS), while the independent variables were measured with auditor's independence (AUIND), Audit Firm Size (AUSZ), Audit Committee (AUCMT), audit committee financial expertise (AUCFE). Time-series data were used and the researcher obtained it from the annual report and account of the firms under study. The estimation technique was Ordinary least square (OLS), normality, serial correlation, and heteroskedasticity test was carried out with the aid of E-views 9 statistical package. The study found that audit committee (AUCMT) and audit committee financial expertise (AUCFE) have a significant impact on earnings per share of Unilever Nigeria Plc as the p-value t-statistics is below 5% significant level. Also, the Audit Committee (AUCMT), audit independence (AUIND) and audit committee financial expertise (AUCFE) have a significant impact on earnings per share of Beta Glass Plc and Meyer Plc as the p-value t-statistics are below 5% significant level. Globally the p-value of the three manufacturing firms understudy is below 5% significant level.

2012 ◽  
Vol 60 (2) ◽  
pp. 153-157 ◽  
Author(s):  
Mili Roy ◽  
Md. Israt Rayhan

In counterpoint to export growth, Bangladesh import growth has remained much less strong, despite impressive progress in import liberalization. This study gives an overview of different methodologies related to gravity model analysis in Bangladesh’s import flow. A pooled cross section and time series data were analyzed to incorporate the country specific heterogeneity in country pair trading partners. The import flows are justified by the basic gravity model since Bangladesh’s imports are positively significant by the economy size and inversely related to trade barrier. Accordingly, we have analyzed pooled ordinary least square, fixed effect, random effect. This study also explores extended gravity model using several variables in the light of gravity model panel data approach. Bangladesh’s import is determined by the home and foreign country’s gross domestic product and exchange rate. In addition, Cross section results show that regional trade arrangement which is South Asian Association for Regional Co-operation and border are significant for Bangladesh’s importimplies that Bangladesh should import more from intra regional country and also should import from India.DOI: http://dx.doi.org/10.3329/dujs.v60i2.11485 Dhaka Univ. J. Sci. 60(2): 153-157, 2012 (July)  


2018 ◽  
Vol 2 (1) ◽  
pp. 1
Author(s):  
Ali Fahmi

This research aims to analyze the effect of government spending, investment of foreign capital investment, capital investment In Land and labor against growth of Jambi province during the 2004-2015. This research using Time Series data with regression analysis "Ordinary Least Square (OLS) wear EViews 8.  The findings from this research indicate that Labor become the most variable gives a positive impact against the next economic growth, government spending and investment, while investing PMDN PMA gives negative impact on The Economic Growth Of The Province Of Jambi. PMA investment posit no impact and no signikan against economic growth this is not prevalent, but it is possible the investment PMA in Jambi province is relatively small and still no impact in the absorption of the local Workforce. Menyikapai is an effort to boost the Economic growth of the Province of Jambi then needed a special business development policies should be directed at the activities that are labor-intensive to absorb labor as much as possible. Keywords: economic growth, government spending, PMA, the PMDN, and labor.


Author(s):  
Yandiles Weya ◽  
Vecky A.J. Masinambow ◽  
Rosalina A.M. Koleangan

ANALISIS PENGARUH INVESTASI SWASTA , PENGELUARAN PEMERINTAH, DAN PENDUDUK TERHADAP PERTUMBUHAN EKONOMI DI KOTA BITUNG Yandiles Weya, Vecky A.J. Masinambow, Rosalina A.M. Koleangan. Fakultas Ekonomi dan Bisnis, Magister Ilmu EkonomiUniversitas Sam Ratulangi, Manado ABSTRAKPada suatu periode perekonomian mengalami pertumbuhan negatif berarti kegiatan ekonomi pada periode tersebut mengalami penurunan. Kota Bitung periode tahun 2004-2014 mengalami pertumbuhan ekonomi yang fluktuasi. Adanya fluktuasi ini dapat dipengaruhi oleh investasi swasta, belanja langsung, dan penduduk Pertumbuhan ekonomi merupakan salah satu tolok ukur keberhasilan pembangunan ekonomi di suatu daerah. Pertumbuhan ekonomi mencerminkan kegiatan ekonomi. Pertumbuhan ekonomi dapat bernilai positif dan dapat pula bernilai negatif. Jika pada suatu periode perekonomian mengalami pertumbuhan positif berarti kegiatan ekonomi pada periode tersebut mengalami peningkatan. Sedangkan jikaTahun 2004-2014 yang bersumber dari Badan Pusat Statistik Provinsi Sulut dan Kota Bitung. Metode analisis yang digunakan adalah model ekonometrik regresi berganda double-log (log-log) dengan metode Ordinary Least Square (OLS). Penelitian ini bertujuan untuk mengetahui apakah perkembangan investasi swasta, belanja langsung, dan penduduk berpengaruh terhadap pertumbuhan ekonomi Kota Bitung. Data yang dipakai menggunakan data time series periodeHasil regresi model pertumbuhan ekonomi dengan persamaan regresinya yaitu  LPDRB  =  - 4,445    +  0.036 LINV  +  0.049 LBL  +  2,229 LPOP.  Dari hasil tersebutmenunjukkan perkembangan investasi swasta, belanja langsung dan penduduk berpengaruh positif dan signifikan terhadap pertumbuhan ekonomi Kota Bitung.Kata Kunci :pertumbuhan ekonomi, belanja langsung, penduduk, regresi bergandaABSTRACT    The economy experienced a period of negative growth means economic activity in this period has decreased. Bitung-year period 2004-2014 economic growth fluctuations. These fluctuations can be influenced by private investment, direct spending, and population Economic growth is one measure of the success of economic development in an area. Economic growth reflects economic activity. Economic growth can be positive and can also be negative. If the economy experienced a period of positive growth means economic activity during the period has increased. Whereas if  years 2004-2014 are sourced from the Central Statistics Agency of North Sulawesi Province and Bitung. The analytical method used is an econometric model double-log regression (log-log) with Ordinary Least Square (OLS). This study aims to determine whether the development of private investment, direct spending, and population affect the economic growth of the city of Bitung. The data used using time series data period.    The results of the regression model of economic growth with the regression equation is LPDRB = - LINV 4.445 + 0.036 + 0.049 + 2.229 LPOP LBL. From these results show the development of private investment, direct expenditure and population positive and significant impact on economic growth of Bitung.Keywords: Economic growth, direct spending, population, regression.


Agro Ekonomi ◽  
2017 ◽  
Vol 15 (1) ◽  
pp. 1
Author(s):  
Diah Ariyanti ◽  
Any Suryantini ◽  
Masyhuri Masyhuri

The objectives of this research are to know the factors influencingdomestic maize demand, import maize demand, and total maize demand asraw material for feed industry in Indonesia, also their trend at five yearslater. The research use time series data. during 1976-2004. Simultaneousequations used to analyze domestic and import maize demand as rawmaterial for feed industry in Indonesia, while ordinary least square (OLS)used to analyze total maize demand as raw material for feed industry inIndonesia. The results show that domestic maize demand influenced negatively by maize domestic price and influenced positively by soybean cake import price, and trend of time. Cowpopulation, maize import price, and soybean cake import price influence import maize demand negatively, while fowl population and trend of time influence import maize demand positively. Total maize demand for feed industry in Indonesia positively influenced by soybean cake import price and cow population, and negatively influenced by maize domestic price. Soybean cake iscomplementary good for domestic maize and total maize, but becomesubstitution good for import maize. The trend of maize demand, includingdomestic and import maize demand, as raw material for feed industry inIndonesia increasing in the future.


2019 ◽  
Vol 16 (1) ◽  
pp. 1-10
Author(s):  
Novegya Ratih Primandari

This research aims to analyze effect of economic growth, inflation and Unemployment on the Rate of Poverty in the Province of South Sumatera. This research used secondary data in the form of time series data from 2001-2017. The method used quantitative approach by applying a linear regression model with OLS estimation Ordinary Least Square (OLS) method. The results of this study indicate that partially and simultaneously Economic Growth, Inflation and Unemployment have a significant effect on the Poverty Rate in the Province of South Sumatera.


2014 ◽  
Vol 5 (1) ◽  
pp. 41-50 ◽  
Author(s):  
Samson Ogege ◽  
Tarila Boloupremo

This paper examines the effect of deposit money banks intermediation role on economic growth and development in Nigeria. The main objective of the research was to ascertain the extent to which sectorial credit allocation by deposit money banks have influenced growth in the economy. Time series data covering the period 1973-2011 for deposits money banks credits in Nigeria and per capita gross domestic product were analyzed within the framework of Engle-Granger Representation Theorem; the approach estimated a co-integrating regression using the ordinary least square estimator, and then investigated the presence of a co-integration relation by examining the stationarity of the estimated residual series. The findings indicate that credit allocation to the production sector is significantly promoting economic activity. The implication that can be drawn from this study is that to ensure that the banking system performs its role of credit allocation effectively it must channel funds into productive investment and more productive uses; deposit money banks should act as efficient financial intermediaries devoted to allocating resources to the most productive uses.


2019 ◽  
Vol 17 (2) ◽  
pp. 71-80
Author(s):  
Feny Marissa ◽  
Anna Yulianita ◽  
Annisa Fitriyah

The study aims to measure and compare the efficiency level of investment to boost economic growth in South Sumatera and Jambi Province. This study use quantitative approach with time series data between 2007 to 2016 from the Central Bureau of Statistic (BPS) and publication related to the study. The efficiency of investment was measured by Incremental Capital Output Ratio (ICOR) approach and analyzed using Ordinary Least Square (OLS). The study indicates that (1) the relationship between investment efficiency  which measured by ICOR approach and economic growth of each provinces (South Sumatera and Jambi) is negative; (2) this research show that investment efficiency in Jambi Province give more effect to its economic growth than South Sumatera and  Jambi Province has grown better than South Sumatera Province in the same development stage without an increase in the proportion of investment to Gross Domestic Regional Product. 


2018 ◽  
Vol 5 (1) ◽  
pp. 1-24
Author(s):  
Betrix Silitonga ◽  
Manuntun Parulian Hutagaol

This study aimed to analyze the factors that affect the volume of Indonesian exports of white shrimp (Penaeus indicus) to Hongkong and to formulate policies that can increase the volume of exports. Ordinary Least Square method (OLS) is used to analyze the factors that affect the volume of Indonesian white shrimp exports to Hongkong by time series data (time series) period of the last 24 years (1990 until 2013). All independent variables that have significant influence on the volume of Indonesian exports of white shrimp, which are: Hongkong population, Hongkong GDP per capita constant 2005, the nominal selling price of white shrimp Indonesia to Hongkong, the nominal selling price of white shrimp competitor to Hongkong, the nominal exchange rate of the Indonesian to Hongkong and Indonesian economic crisis in 1998 (dummy). Key words: Hongkong, Ordinary Least Square (OLS), the export volume, the white shrimp (Penaeus indicus)


2020 ◽  
Vol 8 (2) ◽  
pp. 89-98
Author(s):  
Yulia Sani ◽  
Siti Hodijah ◽  
Rosmeli Rosmeli

This study aims to analyze the development of each variable and its effect on rice imports in Indonesia for the period 1998-2017. This research uses descriptive and quantitative analysis tools. The data used is time-series data or time series. To analyze this research, the "Ordinary Least Square (OLS) method was used. The results showed that the independent variables simultaneously had a significant effect on rice imports in Indonesia. Partially, the domestic rice price variable has a positive and significant effect on rice imports in Indonesia, the exchange rate variable has a negative and significant effect on rice imports in Indonesia and the GDP variable has a negative and significant effect on rice imports in Indonesia. Keywords: Rice imports, Exchange rate, The price of rice


Author(s):  
Ani Suryani

The objectives of this research are to determine factors affecting egg demand during the period of 1991 to 2007, and to examine the prospect of egg as inferior, normal or superior commodity in Sleman District. The research location is determined purposively. The method used in this research is descriptive analysis with time series data (1991-2007). This study uses demand function approach by applying multiple regression model estimated using OLS (ordinary least square).The result of estimation shows that the partial demand of egg in Sleman District is caused by the price of fish, rice, population, income per capita and economical crisis. The elasticity of egg demand toward price elasticity is inelastic in the scale of 0.59. Egg in this district is categorized as a normal goo. This conclusion is based on finding that income per capita is positively correlated toward egg demand with the coefficient of regressionof 0.36. Egg consumption at Sleman district from time to time tends to increase coinciding with the growth of income per capita.Key words : Demand, Egg, Elasticity, Forecasting, Normal Good. 


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