scholarly journals The Comparison of the Ownership Structure at Different Level of the Financial Collapse in Listed Firms of Tehran Stock Exchange

2012 ◽  
Vol 4 (1) ◽  
pp. 49-55
Author(s):  
Saeid Jabbarzadeh Kangarlouei ◽  
Morteza Motavassel .
Keyword(s):  
Ownership Structure ◽  
Stock Exchange ◽  
Corporate Ownership ◽  
Business Law ◽  
Chi Square ◽  
Statistical Population ◽  
Listed Firms ◽  
Chi Square Test ◽  
Individual Ownership ◽  
Different Levels

The main objective of this study is to compare ownership structure of different levels of collapse in listed companies of Tehran Stock Exchange (TSE). Study variables are the ownership structure that includes governmental ownership, private ownership (corporate ownership and individual ownership) and the different levels of collapse including latency stage, the stage of cash deficits and commercial and financial insolvency and complete collapse. Altman model (Z´- Score) is used to predict the collapse of firm and Chi-Square test is used to test the research hypothesis. The study is the applied research and statistical population of study includes 96 collapse firms that are active in the TSE (subject to Business Law Article 141). Given the availability of financial information of distressed companies in 7 years between 2004-2010 years, a sample of 81 members was selected. The results show that the ownership structure of collapsed firms is independent from their different levels of collapse.

PERBEDAAN EARNINGS MANAGEMENTBERDASARKAN UKURAN PERUSAHAAN: STUDI EMPIRIS PADA PERUSAHAAN YANG TERDAFTAR DI BEI

2010 ◽  
Vol 6 (2) ◽  
pp. 139
Author(s):  
Fensy Oktavia Komala
Keyword(s):  
Earnings Management ◽  
Stock Exchange ◽  
Discretionary Accruals ◽  
Company Size ◽  
Management Behavior ◽  
Chi Square ◽  
Chi Square Test

The purpose of this reseacrh is to investigate Earnings management differences accross companies according to its size. Previous researches show company size tend to affect earnings management behavior. Sample are collected from companies listed on Indonesian Stock Exchange year over 2003-2009. Using Chi-Square Test, the result shows that statistically there is no differences of Earnings management magnitude between small, medium and large companies. Keywords:  Earnings Management, Discretionary Accruals, Non Discretionary Acruals, Total Accruals.

Auditors’ response to readability of financial statement notes

2020 ◽  
Vol 28 (3) ◽  
pp. 463-480
Author(s):  
Mahdi Salehi ◽  
Mahmoud Lari Dasht Bayaz ◽  
Shaban Mohammadi ◽  
Mohammad Seddigh Adibian ◽  
Seyed Hamed Fahimifard
Keyword(s):  
Stock Exchange ◽  
Financial Statements ◽  
Audit Fees ◽  
Financial Statement ◽  
Audit Report ◽  
Financial Reports ◽  
Statistical Population ◽  
Content Type ◽  
Listed Firms ◽  
Going Concern Opinion

PurposeThe main objective of the present study is to assess the potential impact of readability of financial statement notes on the auditor's report lag, audit fees and going concern opinion (GCO).Design/methodology/approachThe statistical population of this study includes all listed firms on the Tehran Stock Exchange (TSE) for the period of 2012–2017. The systematic elimination method is used for sampling and multiple regression and EViews software are used for testing the hypothesis models.FindingsThe obtained results show that there is a significant and positive relationship between audit report lags and readability of financial statements. Moreover, it is also revealed that readability of financial statements is positively associated with audit fees. Furthermore, the findings suggest a negative correlation between readability indexes and issuing GCOs, denoting hard-to-read statements is considered as a risk factor by auditors. Finally, the observations of our robustness tests suggest that the association between audit report lag and readability of financial statements is robust.Originality/valueThis is the first conducted investigation concerning auditor's response to the readability of financial statement notes in TSE. The outcome of current paper may pave the way for revising and developing Iranian accounting standards in order to give a fairer and clearer picture of financial reports.

scholarly journals The Relationship between Corporate Performance and Ownership Structure: Evidence from Turkey

2015 ◽  
Vol 5 (2) ◽  
pp. 9-18
Author(s):  
Hicabi Ersoy ◽  
Ayben Koy
Keyword(s):  
Ownership Structure ◽  
Significant Relationship ◽  
Corporate Performance ◽  
Stock Exchange ◽  
Listed Companies ◽  
Main Hypothesis ◽  
Statistical Population ◽  
Istanbul Stock Exchange ◽  
Negative Effect ◽  
The Relationship

This study investigates the effects of ownership structure on the performance of the listed companies in Borsa Istanbul Stock Exchange 30 Firms (BIST 30). The main hypothesis of our study is that there is a significant relationship between companies' performances and their ownership structures.The statistical population includes 19 non-financial companies in the period of years between 2008 and 2013. The results show that the concentration of the large shares of companies one or a few share holders has a negative effect on related firm’s performance.

scholarly journals The Relationship between Ownership Structure and Dividend Policy: An Application in Vietnam Stock Exchange

2019 ◽  
Vol 8 (2) ◽  
pp. 131-146
Author(s):  
Thi Xuan Anh Tran ◽  
Quoc Tuan Le
Keyword(s):  
Ownership Structure ◽  
Institutional Investors ◽  
Stock Exchange ◽  
Payout Policy ◽  
Ownership Concentration ◽  
H Index ◽  
Dividend Payout ◽  
Listed Firms ◽  
Ownership Composition ◽  
The Relationship

Abstract This research examines the possible association between ownership structure and Vietnam listed companies’ dividend payout policy over the period of 2009 – 2015. We have investigated 642 listed firms in Hochiminh stock exchange and Hanoi stock exchange, using pannel data analysis. Ownership structure is described with two main sub-variables: ownership concentration and ownership composition. Specifically, the Herfindahl index (or H-index) was applied to measure the level of ownership concentration /dispersion for all major shareholders in the company, including the five biggest investors, corporate institutional investors, the ownership concentration level, and foreign investors. It has been observed that the H-index of all major shareholders has an average of less than 0.5 but the value of the H-index of institutional investors at 0.594 indicates that institutional investors are more likely to be concentrated in the hands of large institutional investors. The result showed linear relationship between institutional ownership and the dividend rate, but not statistically significant for the relationship between managerial ownership and dividend payout ratio.

scholarly journals Equity Analysis in Buying Company Shares on the Philippine Stock Exchange

2018 ◽  
Vol 3 (4) ◽  
pp. 60-66
Author(s):  
Prince T. Medina ◽  
Mary Caroline N. Castaño ◽  
Tomas S. Tiu
Keyword(s):  
Stock Exchange ◽  
Moving Average ◽  
Technical Analysis ◽  
The Philippines ◽  
Asia Pacific ◽  
Investment Behavior ◽  
Fundamental Analysis ◽  
Chi Square ◽  
Chi Square Test ◽  
Relative Valuation

Objective - Less than 1% of the population in the Philippines has invested in the stock market (PSE, 2016). The Philippine Stock Exchange (PSE) has been in operation since 1927 and is one of the oldest in the Asia Pacific. The primary objective of this research is to examine the investing techniques of online users using technical and fundamental analysis. Methodology/Technique - A chi-square test is used to determine if there is a significant difference between the expected frequencies and the observed frequencies in one or more categories. The research probes the relationship of the demographic profiles of respondents and their investment behavior using the Friedman's test. Findings - The descriptive statistics show the frequency counts of 418 observations and the corresponding chi-square test for the distribution-free data. The analysis of variance by ranks was used to reflect the Friedman test for the hierarchy of perception of the respondents per given variable. The chi-square test (χ2 (df = 4, ρ = 0.001) = 53.603) shows that actual observations on the relative valuation (86, 48, 130, 99, and 55) is significantly different from a uniform fit of 84 observations at 4 degrees of freedom and 5% level of significance. Novelty – Hence, the study concluded that investors prefer a relative valuation equity selection strategy using fundamental analysis. Furthermore, the study concludes that the moving average (36, 11, 80, 95 and 196) is preferred by investors using technical analysis. Type of Paper - Empirical. Keywords: Fundamental Analysis; Technical Analysis; Investment Behavior; Philippine Stock Exchange; Relative Valuation; Moving Average. JEL Classification: G10, G14, G19.

scholarly journals Involvement and loyalty of runners in sponsorship effectiveness - The case of athletics races

2021 ◽  
Vol 21 (3) ◽  
pp. 192-212
Author(s):  
Alfredo Silva
Keyword(s):  
Recognition Rate ◽  
Leisure Activity ◽  
Brand Awareness ◽  
Chi Square ◽  
Brand Recognition ◽  
Chi Square Test ◽  
Sponsorship Effectiveness ◽  
Mass Participation ◽  
Los Grupos ◽  
Different Levels

Correr es una actividad física de ocio popular y conveniente. La distancia más popular son los 5 km que acumularon 8,9 millones de registros en 2018. Las inversiones de empresas en patrocinio en todo el mundo superaron los $ 65 mil millones. Aumentar el conocimiento de la marca es uno de los principales objetivos para que las empresas se involucren en los patrocinios. La mayor parte de la investigación sobre el patrocinio no se ha realizado desde la perspectiva del deporte basado en la participación, existen resultados contradictorios y no se ha evaluado la dependencia entre la tasa de reconocimiento de la marca del patrocinador y la distancia de la carrera, ni la dependencia de la lealtad a la carrera. Mostrar los efectos de la distancia de la carrera, la implicación y la lealtad a la carrera en las tasas de reconocimiento de la marca de los patrocinadores en los corredores. Una muestra de 736 corredores de una de las carreras atléticas más populares de Portugal completaron un cuestionario. Se realizó una prueba de Chi-cuadrado y una prueba T para evaluar las diferencias entre los grupos de corredores. El grupo de corredores que completaron la carrera de 5 km mostró mejores resultados en la tasa de reconocimiento de marca patrocinadora. Los corredores con un bajo nivel de implicación con la carrera mostraron resultados superiores, y no se encontraron diferencias significativas entre grupos con diferentes niveles de lealtad a la carrera en el desempeño de la tasa de reconocimiento de la marca patrocinadora. El patrocinio de la carrera de atletismo, deporte basado en la participación masiva, es una herramienta impresionante para dar a conocer la marca de los patrocinadores. Running is a popular and convenient leisure activity. The most popular distance is the 5 km that amassed 8.9 million registrations in 2018. Investments by companies in sponsorship around the world exceeded US$ 65 billion in the same year. Increasing brand awareness is one of the main goals for companies to get involved in sponsorships. Most of the research to date into sponsorship has not been done from the perspective of participation-based sports. Some results obtained are contradictory and the relashionship between the sponsor's brand recognition rate and the distance of the race (half-marathon, 10 km or 5 km) has not been evaluated, nor the relashionship with running involvement or loyalty to running. This research aims to show the effects of race distance, running involvement and loyalty to running on sponsor brand recognition rates in runners of athletics races. A sample of 736 runners from one of Portugal's most popular athletics races completed a questionnaire. A Chi-square Test and T-Test were carried out to evaluate the differences between the groups of runners. The group of runners who completed the 5 km race showed better results in the sponsors’ brand recognition rate. The runners with a low level of running involvement showed superior results, but no significant differences were found between groups with different levels of loyalty to running. The sponsorship of mass participation-based athletics races  is an impressive tool to raise sponsors’ brand awareness.   A corrida é uma atividade física popular e conveniente. A distância mais popular são os 5 km, registou mais de 8,9 milhões de corredores inscritos em 2018. Os investimentos de empresas em patrocínios em todo o mundo ultrapassaram US$ 65 bilhões . Aumentar a notoriedade da marca é um dos principais objetivos para as empresas patrocinadoras. A maior parte das investigações em patrocínio não foi feita da perspetiva dos participantes, existem resultados contraditórios e não foi avaliada a dependência entre a taxa de reconhecimento da marca, a distância da prova e a lealdade à corrida. Mostrar os efeitos da distância da corrida, do envolvimento com a corrida e da lealdade à corrida na taxa de reconhecimento da marca do patrocinador em corredores no contexto de corrida de atletismo. Uma amostra de 736 corredores de uma das corridas de atletismo mais populares de Portugal respondeu a um questionário. O teste qui-quadrado e o teste-t foram realizados para avaliar as diferenças entre os grupos de corredores. O grupo de corredores que completou a prova de 5 km apresentou melhores resultados na taxa de reconhecimento das marcas patrocinadoras. Os corredores com baixo nível de envolvimento com a corrida apresentaram resultados superiores e não foram encontradas diferenças significativas entre os grupos com diferentes níveis de lealdade à corrida. O patrocínio ao desporto baseado em participação massiva em corridas de atletismo é uma ferramenta impressionante para aumentar a notoriedade da marca dos patrocinadores.

Statistical Modeling for Ceramic Analysis

2016 ◽  
pp. 57-72
Author(s):  
Gulsebnem Bishop
Keyword(s):  
Complex Data ◽  
Sampling Strategies ◽  
Data Sampling ◽  
Ceramic Analysis ◽  
Chi Square ◽  
Statistical Population ◽  
Archaeological Data ◽  
Principle Components Analysis ◽  
Chi Square Test ◽  
Components Analysis

Statistics can be used to describe, model, and predict archaeological data, provided that the analyst has an understanding of the strengths and limitations of their data type and has a well-defined statistical population. This chapter discusses the major types of archaeological data, sampling strategies, and statistics appropriate for both describing and predicting outcomes for simple and complex ceramic datasets. Description and modeling of complex data can be done with many tools ranging from simple charts and histograms to more complicated methods, such as T-Test, Chi-Square Test, Multi-Response Permutation Procedure (MRPP), and Kernel Density Estimation (KDE), as well as Principle Components Analysis (PCA).

The Relationship between Innovation Orientation and Strategic Typology in Business Firms

2016 ◽  
Vol 6 (2) ◽  
pp. 1-20 ◽  
Author(s):  
Parviz Kafchehi ◽  
Kaveh Hasani ◽  
Arman Gholami
Keyword(s):  
Significant Relationship ◽  
Goodness Of Fit ◽  
Goodness Of Fit Test ◽  
Chi Square ◽  
Test Analysis ◽  
Statistical Population ◽  
Chi Square Test ◽  
The Mean ◽  
Executive Managers ◽  
The Relationship

The aim of this study is to investigate the relationship between innovation orientation and strategic typology in firms such a way that a classification on the organization's orientation toward innovation and strategy could be obtained. The statistical population includes high executive managers of firms who have been acting in 4 industries of banking (B), food (F), insurance (I), and pharmacy (P), and have been the five pioneering firms in these industries. To test the hypothesis, the mean test analysis, the Goodness- of- Fit- Test, Chi- square test, and cross- tables were used and tested by SPSS18 software. The results show that there is a significant relationship between the firm's orientation toward innovation and competitive strategy; the more firm's orientation toward innovation, the firms uses more Prospector strategy, and their strategies have a more aggressive state. This paper provides a richer understanding of innovation orientation and strategic typology formation for similar firms.

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