scholarly journals The relationship between measures of operations efficiency and financial success of truckload motor carriers: An empirical analysis

2010 ◽  
Vol 21 (3) ◽  
pp. 7-17 ◽  
Author(s):  
Ahren Johnston
Keyword(s):  
Financial Performance ◽  
Average Length ◽  
Negative Relationship ◽  
Publicly Traded ◽  
Return On Assets ◽  
Return On Equity ◽  
Motor Carrier ◽  
Motor Carriers ◽  
Motor Carrier Industry ◽  
The Relationship

This research paper examines the statistical relationship between clay to day performance and effi­ ciency measures and financial performance in the motor carrier industry. Key findings are that carriers with more miles per tractor per year, a larger average length of haul, more revenue per mile, and more revenue per tractor per week tend to perform better financially as measured in three separate models by operating ratio, return on assets, or return on equity. Unexpectedly, for the eight publicly traded carriers included in the analysis, there was a negative relationship between empty mile percentage and financial performance, indicating that carriers with a higher empty mile percentage have better financial perfor­ mance. Possible explanations for these counterintuitive results could be due to a focus on better cus­ tomer service or driver satisfaction causing slight increases in empty miles. Therefore the increased costs resulting from empty miles could be offset by higher revenue or decreased costs in other aspects of the operation. These results suggest that managers should focus not on minimizing empty miles but rather on keeping them within an acceptable range.

scholarly journals Impact of Non-Interest Income on Financial Performance of Joint Venture Banks in Nepal

2018 ◽  
Vol 3 (2) ◽  
pp. 107-124
Author(s):  
Ajay Kumar Shah ◽  
Niraj Agarwal ◽  
Ram Kumar Phuyal
Keyword(s):  
Financial Performance ◽  
Joint Venture ◽  
Return On Assets ◽  
Return On Equity ◽  
Letter Of Credit ◽  
Service Charge ◽  
Interest Income ◽  
Guarantee Income ◽  
Result Analysis ◽  
The Relationship

 The research was conducted to identify the non-interest income variables that will likely affect the financial performance of the joint venture banks of Nepal. The main objective of the study is to analyze the prominence of non-interest income and its effect on financial performance of joint venture banks in Nepal. This study will help the banks to identify other sources of income of the bank and try to look at its impact on the overall profitability and risk intention. To measure the financial performance, the indicator of profitability i.e. returns on assets and return on equity are taken into consideration for the study as a dependent variable and assets size, letter of credit fee, guarantee income, remittance fee, dividend income, exchange income, service charge, and renewal fee as an independent variable. Both descriptive and inferential analyses were performed to capture the relationship. From the result analysis, it is observed that the non-interest income variables that would affect the financial performance of the joint venture banks. It is observed that not all variables have equal effect on the profitability as measure of financial performance, for joint ventures the factors like assets size, letter of credit fee, guarantee income, remittance fee, dividend income, exchange income, service charge, and renewal fee have a significant relationship with the measure of financial performance that is return on assets and return on equity. Apart from the interest income, there are lot of non-interest variables which leads to profitability so the banks looking to increase its profitability with lesser risk need to take these variables into consideration. Results indicate that banks need to keep the non-interest income variables into consideration at times for improving the financial performance of the joint venture banks.

scholarly journals The profit impact of a strategic approach to Web Enhanced Services (WES)—a study of the motor carrier industry

2004 ◽  
Vol 15 (2) ◽  
pp. 19-34
Author(s):  
Gregory M Kellar ◽  
John Xiaoqun Zhang
Keyword(s):  
Conflict Resolution ◽  
The Internet ◽  
Publicly Traded ◽  
Related Services ◽  
Motor Carrier ◽  
Motor Carriers ◽  
Strategic Approach ◽  
Motor Carrier Industry ◽  
On Line ◽  
Trucking Companies

An increasing number of motor carriers offer web-enhanced services (WES) such as real-timetracking-and-tracing, on-line ordering, and conflict resolution. However, the burst of the Internet bubble raised questions as to whether investments in such Internet-related services increase corporate profitability (e.g., Nagarajan et al., 2000). This article studies financial and operational values that web-enhanced services add to publicly traded interstate trucking companies. Large companies offering WES were found to be more profitable than smaller companies in general, and they were more profitable than other large carriers not offering WES. Investments in WES appear to provide a strategic advantage specifically for large companies.

scholarly journals Link between Corporate Philanthropy and Corporate Financial Performance: Evidence from Pakistani Textile Sector

2016 ◽  
Vol 1 (1) ◽  
pp. 1-12
Author(s):  
Sehar Zulfiquar
Keyword(s):  
Financial Performance ◽  
Corporate Philanthropy ◽  
Economic Benefits ◽  
Corporate Financial Performance ◽  
Bottom Line ◽  
Return On Assets ◽  
Return On Equity ◽  
Immense Potential ◽  
The Relationship ◽  
Textile Sector

Literature highlights the immense potential of Corporate Philanthropy (CP) for generating social and economic benefits. The debate on economic benefits align corporate philanthropy with the business bottom line arguing that it can be a significant determinant of corporate financial performance. This research is intended to extent this debate by providing sector specific perspective through analyzing the sample of Pakistani public listed textile companies. Results of the study show that corporate philanthropy has a significantly positive relationship with Return on Assets (ROA) but with Return on Equity (ROE) the relationship is found to be insignificant. The previous year’s financial performance moderates the relationship between CP and ROA but the interaction effect for ROE is insignificant.

scholarly journals Pengaruh Struktur Kepemilikan Terhadap Kinerja Perusahaan Dimoderasi Oleh Karakteristik Dewan Komisaris

2021 ◽  
pp. 173-187
Author(s):  
Ilham Maulana ◽  
Muhammad Alkirom Wildan ◽  
Nurita Andriani
Keyword(s):  
Financial Performance ◽  
Ownership Structure ◽  
Firm Value ◽  
Company Performance ◽  
Return On Assets ◽  
Return On Equity ◽  
Service Companies ◽  
Negative Effect ◽  
The Relationship ◽  
Positive Effect

This study was conducted to examine the effect of proxied ownership structure using institutional ownership, foreign ownership and managerial ownership variables which are moderated by the characteristics of the board of commissioners as proxied by the size of the board of commissioners, and the proportion of independent board of commissioners on company performance as measured by the firm's financial performance. Proxied by return on assets and return on equity and firm value proxied by Tobin's Q and market to book ratio. With a total of 81 samples from financial service companies listed on the IDX in 2018 tested using WarpPLS 7.0, the researchers found that ownership structure has a negative effect on financial performance and firm value, the characteristics of the board of commissioners have a positive effect on financial performance and firm value, and only interaction characteristics the board of commissioners in the relationship between ownership structure and financial performance which can be a moderating variable. Keywords: Ownership Structure, Firm Performance, and Characteristics of The Board of Commissioners.  

scholarly journals Impact of Intellectual Capital on Corporate Performance

2020 ◽  
Vol 5 (6) ◽  
Author(s):  
Sedeaq Nassar
Keyword(s):  
Financial Performance ◽  
Intellectual Capital ◽  
Data Model ◽  
Value Added ◽  
Return On Assets ◽  
Return On Equity ◽  
Firm Financial Performance ◽  
Structural Capital ◽  
Capital Efficiency ◽  
The Relationship

The main objective of current study is to investigate the relationship between intellectual capital and corporate financial performance of 34 from 48 companies listed on Palestine Exchange (PEX) over the period of 2012-2018. Pulic’s method “Value Added Intellectual Coefficient (VAIC)” is utilized to measure the Intellectual Capital (IC), and three of traditional accounting tools involving; return on equity (ROE), return on assets (ROA), and earning per share (EPS) ratios is used as a proxy of firm financial performance. The findings of Panel data model show that human capital efficiency (HCE) is consider as the most effective element of intellectual capital in the issue of value creation than structural capital and capital employed. Moreover, VAIC shows a good relationship with financial performance represented by return on assets (ROA). In conclusion, Palestinian listed companies are still weakly used its intellectual capital' potentials in create value.

scholarly journals Financial Performance and Social Responsibility-The Case of Islamic Banks: A Theoretical and Empirical Study

2021 ◽  
Vol 13 (9) ◽  
pp. 94
Author(s):  
Tarek Chenini ◽  
Ahlem Boubker ◽  
Sawssen Nafti ◽  
Mosbah Lafi
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Empirical Study ◽  
Negative Relationship ◽  
Islamic Banks ◽  
Return On Assets ◽  
Return On Equity ◽  
Public Banks ◽  
Corporate Social ◽  
The Relationship

This article is intended to evaluate the level of disclosure of corporate social responsibility (CSR) in Islamic banks and examine the relationship between the Return on Assets (ROA) and the Return on Equity (ROE) performance indices in relation to the disclosure of the Islamic banks’ corporate social responsibility. In reality, an empirical study was performed over a six-year period from 2009 to 2014, in which the CSR shows that Islamic banks are engaged in a great variety of social activities, both as private or public banks. In fact, empirical research has also found that there is a negative relationship between the corporate social responsibility of Islamic banks and the financial results of the ROA an ROE measures.

scholarly journals U.S. motor carrier hours of service regulations: Their impact on carrier profitability and productivity

2013 ◽  
Vol 24 (1) ◽  
pp. 23-35
Author(s):  
Ahren Johnston
Keyword(s):  
Major Change ◽  
Return On Assets ◽  
Return On Equity ◽  
Motor Carrier ◽  
Motor Carriers ◽  
History Of

This paper discusses the history of hours of service regulations for U.S. motor carriers and investigates the changes to individual carrier profitability and productivity from the last major change to those regulations in 2003. The results of the analysis indicate that operating ratio worsened and sales per employee improved, and return on assets and return on equity were unchanged due to hours of service changes. The implications of these results given the recent changes to hours of service regulations in 2011 are also discussed.

scholarly journals ANALISIS KORELASI RASIO KEUANGAN ( Rasio Likuiditas, Solvabilitas, Aktivitas, Dan Rentabilitas )

2019 ◽  
Vol 4 (2) ◽  
pp. 622
Author(s):  
Murni Mala Sari ◽  
Pitri Yandri
Keyword(s):  
Negative Relationship ◽  
Financial Statements ◽  
Sem Analysis ◽  
Financial Ratios ◽  
Equation Modeling ◽  
Return On Assets ◽  
Return On Equity ◽  
Turn Over ◽  
The Relationship ◽  
A Company

This study aims to analyze the relationship between financial ratios at PT SWA Indomedika Prima. PT SWA Indomedika Prima is a company engaged in the field of health services by managing a group practice clinic specialist to serve Outpatient and Medical check-ups in BNI's Big Office divisions, Regional offices and BNI Branches throughout Jabodetabek and Karawang, Serang and Credit Centers Middle and small and Non BNI. This study uses the Structual Equation Modeling (SEM) analysis method. This research was conducted to find out how the relationships that occur in financial ratios, whether there is a positive or negative relationship. The ratio used in this study is Current Ratio (CR), Quick Ratio (QR), Cash Ratio (CsR), Debt Ratio (DR), Debt to Equity (DER), Total Asset Turn Over (TATO), Working Capital Turn Over (WCT), Return on Assets (ROA), Return on Equity (ROE). This study uses financial statements of PT SWA Indomedika Prima for 8 (eight) years, namely the period 2010-2017. The results of testing this study will be discussed further in this article.

scholarly journals Liquidity Management and Financial Performance: Evidence From Commercial Banks in Botswana

2020 ◽  
Vol 11 (5) ◽  
pp. 399
Author(s):  
C.R. Sathyamoorthi ◽  
Mogotsinyana Mapharing ◽  
Mashoko Dzimiri
Keyword(s):  
Financial Performance ◽  
Commercial Banks ◽  
Negative Relationship ◽  
Secondary Data ◽  
Return On Assets ◽  
Liquidity Management ◽  
Policy Makers ◽  
Return On Equity ◽  
Research Population ◽  
The Impact

The study examined the impact of liquidity management on the financial performance of commercial banks in Botswana. The study used Return on Assets and Return on Equity to measure financial performance. Cash and cash equivalents to total assets ratio, Cash to deposits ratio, Loans to deposits ratio, Loans to total assets ratio, Liquid assets to total assets ratio, and Liquid assets to deposits ratio were used as proxies for liquidity management. The research population was all the 9 commercial banks in Botswana and the study covered a period of 9 years from 2011 to 2019. This descriptive study sourced monthly secondary data from Bank of Botswana Financial Statistics database. Descriptive statistics, correlation and regression analyses were applied to analyse the data. The results from regression analysis show statistically significant positive relationships for Loans to total assets ratio and Liquid assets to total assets ratio with return on assets and return on equity. Loans to deposits ratio and Liquid assets to deposits ratio had statistically significant negative relationships with return on assets and return on equity. Cash and cash equivalents to total assets ratio had statistically insignificant positive relationship with return on assets and return on equity whilst cash to deposits ratio had statistically insignificant negative relationship with return on assets and return on equity. Findings suggest that the commercial banks should try to optimize liquidity variables to boost bank performance. The policy makers also, through the Central Bank, should come up with initiatives such as prescribing minimum liquidity requirements that will help banks to stay profitable.

scholarly journals The Relationship between Capital Structure and Financial Performance in the Companies Listed in Abu Dhabi Securities Exchange: Evidences from United Arab Emirates

2017 ◽  
Vol 9 (2) ◽  
pp. 1
Author(s):  
Anas Ali Al-Qudah
Keyword(s):  
Capital Structure ◽  
Financial Performance ◽  
United Arab Emirates ◽  
Negative Relationship ◽  
Abu Dhabi ◽  
Debt Ratio ◽  
Return On Equity ◽  
Study Results ◽  
The Relationship ◽  
The Capital Structure

This study aimed to examine the relationship between capital structure and financial performance in the firms listed in Abu Dhabi Securities Exchange (ADX), Profitability Ratios were used to express of the financial performance, and the Debt Ratio was used to express the Capital Structure. A random sample from the companies listed in ADX was taken to achieve the objective this study, it consisted of 48% of all companies in this financial market, and the study period extended from 2008 to 2015. The researcher used Statistical Package for the Social Sciences (SPSS), to analyze the study hypotheses, using ANOVA, model summery and coefficients for the study variables. And the results of this study showed that is positive relationship between the capital structure (Debt Ratio) and the Financial Performance (Profitability: Return on Assets) in ADX. And there is a negative relationship when we used the Return on Equity to express for the Profitability with the capital structure. The overall study results showed that there is significant relationship between capital structure and financial Performance in the companies listed in Abu Dhabi Securities Exchange, and the model of this study able to explanation almost 31% from changes happened in the profitability due to the capital structure. This result was consistent with some previous studies.

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