scholarly journals CSR Expenditures, Financial Distress Prediction, and Firm Reputation: A Pathway Analysis

2019 ◽  
Vol 2 (1) ◽  
pp. 1-18
Author(s):  
Gavrila Adinata
Keyword(s):  
Indirect Effect ◽  
Financial Distress ◽  
Direct Relationship ◽  
Observation Data ◽  
Firm Reputation ◽  
Financial Report ◽  
Financial Distress Prediction ◽  
Public Company ◽  
Positive Direct ◽  
The Relationship

This study is aimed to find the empirical evidence of the relationship between CSR expenditures and financial distress probability of 85 Indonesian’s manufacturing public company listed on BEI. A quantitative method was used to analyze the direct relationship between CSR expenditures and financial distress probability and the indirect effect of the two variables intervened by firm reputation. Observation data was obtained from each of the company’s annual and financial report from the official website of BEI, particularly between the years of 2014 to 2016. Through path analysis method, the results showed that there was an insignificant positive direct relationship between CSR expenditures and financial distress probability of 4.9%. The indirect effect between the two variables also showed the value of 3.7%, but the relationship was rather negative. In total, an increase in one standard deviation of CSR expenditures increases the probability of a firm to be financially distressed by 1.2%. However, with the value of 45.1%, it is proven that CSR expenditures and firm reputation has a positive relationship.

scholarly journals Analyzing the Relationship between Agricultural FDI and Food Security: Evidence from Belt and Road Countries

2020 ◽  
Vol 12 (7) ◽  
pp. 2906
Author(s):  
Hongxing Yao ◽  
Mohammed Ismail Alhussam ◽  
Omar Abu Risha ◽  
Bilal Ahmed Memon
Keyword(s):  
Food Security ◽  
Direct Investment ◽  
Direct Relationship ◽  
Specific Effect ◽  
Effect Model ◽  
Belt And Road ◽  
One Step ◽  
Indirect Relationship ◽  
Positive Direct ◽  
The Relationship

This study analyzes the relationship between agricultural foreign direct investment (FDI) and food security on Belt and Road Initiative (BRI) countries in a panel framework over the period 2006–2015 using correlation analysis, the specific-effect model, and the 2SLS technique. The study aims to: first, analyze the correlation between agricultural FDI and food security for each country, individually; then, investigate whether there is a direct relationship, using the specific-effect model. Finally, by taking one step further, this study uses the 2SLS method to determine whether there is an indirect relationship through agricultural productivity. Our results show that the sampled countries have clear differences in the direction of the relationship between food security and agricultural FDI. But, in general, the agricultural FDI has a positive direct and indirect effect on food security; this effect is seen clearly when the country attracts agricultural FDIs steadily.

scholarly journals The effect of financial distress on stock returns, through systematic risk and profitability as mediator variables

Accounting ◽  
2021 ◽  
Vol 7 (7) ◽  
pp. 1717-1724 ◽  
Author(s):  
Mulyanto Nugroho ◽  
Donny Arif ◽  
Abdul Halik
Keyword(s):  
Stock Returns ◽  
Indirect Effect ◽  
Financial Distress ◽  
Latent Variables ◽  
Stock Exchange ◽  
Systematic Risk ◽  
P Value ◽  
Moderating Variables ◽  
The Impact ◽  
The Relationship

This study aims to determine the relationship between financial distress and systematic risk, the relationship between financial distress and profitability, the relationship between systematic risk and stock returns, the relationship between profitability and stock returns, and the indirect effect between financial distress and stock returns through systematic risk and company profitability. by collecting data on the Indonesia Stock Exchange on chemical companies and the element industry in 2018-2020. This study was conducted to find out the answers to the impact caused by the global economic turmoil. Using the PLS-SEM method and four latent variables, which are divided into one endogenous variable, two moderating variables and one exogenous variable, it is hoped that it can provide value for the statistical calculation activities carried out. This study uses a quantitative descriptive method with two moderating variables that link financial distress and stock returns. This study produces a specific indirect effect; the financial distress variable significantly impacts Stock Return through systematic risk and profitability variables with a p-value < 0.05. The main finding of this study is the significant impact of world economic turmoil that must be faced by creating systematic risk to convince. Investors and provide education to potential investors.

scholarly journals Spiritual intelligence, mindfulness, emotional dysregulation, depression relationship with mental well-being among persons with diabetes during COVID-19 pandemic

2021 ◽  
Author(s):  
Wojujutari Kenni Ajele ◽  
Teslim Alabi Oladejo ◽  
Abimbola A. Akanni ◽  
Oyeyemi Bukola Babalola
Keyword(s):  
Direct Relationship ◽  
Well Being ◽  
Emotional Dysregulation ◽  
Spiritual Intelligence ◽  
Cross Sectional Survey ◽  
Indirect Relationship ◽  
Positive Direct ◽  
Mental Well Being ◽  
The Relationship ◽  
Process Macro

Abstract Purposes The study examined the mediation moderated effects of spiritual intelligence and mindfulness on the relationship between emotional dysregulation, depression and mental well-being. It also investigated the mediating effects of mindfulness on the relationship between spiritual intelligence and mental well-being in persons with diabetes. Methods A cross-sectional survey was carried out among 636 (age 32–74 years; mean = 40.31; SD = 8.40) people living with diabetes who are registered patients and were attending the clinic in Department of Endocrinology, Ondo State Specialist Hospital, Okitipupa and Federal Medical Centre, Lokoja. The data were analysed using Pearson Multiple correlation and mediation moderated model 29 and mediation model 4 of PROCESS macro. The analyses were carried out with PROCESS macro for IBM/SPSS Version 25.0. Results Showed significant and positive direct relationship between depression on mental well-being of person with diabetes, β = 0.39, 95 % CI (0.29, 0.48). Results showed mindfulness (β = 0.00, 95 % CI: 0.00, 0.00) and spiritual intelligence (β = -0.01, 0.00, 95 % CI: -0.01, -0.01) significantly moderated the existing direct relationship between depression and mental well-being of persons with diabetes Results showed significant and positive indirect relationship between depression and mental well-being via emotional dysfunctional of persons with diabetes, β = 0.46, 95 % CI (0.44, 0.48). Results showed mindfulness (β = -0.02, 95 %, CI; -0.03, -0.02) and spiritual intelligence (β = -0.00, 95 %, CI: 00.00, -0.01) significant moderated the existing indirect relationship between depression and mental well-being occurred via emotional dysfunctional of persons with diabetes. Results showed significant direct relationship between spiritual intelligence and mental well-being of persons with diabetes, β = -0.12, 95 %, CI: (0.09, 0.16). Results showed mindfulness significantly mediates the existing direct relationship between spiritual intelligence and mental well-being of persons with diabetes, β = -0.11, 95 %, CI: (0.08, 0.15). Results also significant direct relationship between spiritual and mindfulness of persons with diabetes, β = 0. 0.25, 95 % CI: 0.18, 0.31). Conclusion Emotional dysregulation play mediating role of the association between depression and mental well-being of persons with diabetes was moderated by spiritual intelligence and mindfulness. Therefore, the study concludes that pay attention spiritual intelligence and mindfulness in management of diabetes will enhance mental well-being of persons with diabetes.

scholarly journals Financial Distress Prediction Through Cash Flow Ratios Analysis

2019 ◽  
Vol 10 (3) ◽  
pp. 63 ◽  
Author(s):  
Amrizah Kamaluddin ◽  
Norhafizah Ishak ◽  
Nor Farizal Mohammed
Keyword(s):  
Cash Flow ◽  
Financial Distress ◽  
Cash Flows ◽  
Efficiency Ratio ◽  
Financial Distress Prediction ◽  
Distress Prediction ◽  
Statement Of Cash Flows ◽  
Relationship Of ◽  
Solvency Ratio ◽  
The Relationship

The purpose of this study to examine the relationship of cash flow ratios in predicting financial distress companies, with industrial and consumer product companies in Bursa Malaysia as the sample. The study on financial distress is critical as it can lead to bankruptcy, which may adversely affect the economy of the country. Therefore it is worth exploring any indicators that can identify the possibility of financial distress in the company. The tools enable to address the potential problems that can mitigate from distressed financial position.  Most prior studies in Malaysia focus on traditional financial ratios, while this study exploits the strength of cash flow ratios. The liquidity ratio, solvency ratio, efficiency ratio and profitability ratio utilized in this study are derived from the statement of cash flows. The Altman Z-score is used to measure the level of the financial distress. The findings show mixed relationships between solvency ratio and financial distress and a negative significant relationship between profitability ratio and financial distress, whilst efficiency ratio has no relationship with the financial distress. These results suggest that cash flow ratios are reliable tools to predict financial distress for Malaysian context. The study is useful in giving insights to the stakeholders in their decision making.

The Effect of Paternalism on Incivility: Exploring Incivility Climate as an Important Boundary Condition

2018 ◽  
Vol 26 (2) ◽  
pp. 190-203 ◽  
Author(s):  
Shanna R. Daniels ◽  
Samantha L. Jordan
Keyword(s):  
Health Care ◽  
Boundary Condition ◽  
Climate Policy ◽  
Direct Effect ◽  
Indirect Effect ◽  
Counterproductive Work Behavior ◽  
Work Behavior ◽  
Health Care Employees ◽  
Positive Direct ◽  
The Relationship

In this article, we examine the effects of paternalism on experienced incivility across two studies. Study 1 examines the paternalism—experienced incivility relationship in a sample of health care employees, and Study 2 examines a moderated–mediated relationship, with incivility climate as the moderator of the paternalism—experienced incivility relationship, and counterproductive work behavior as the outcome. Results from these studies suggest that paternalism has a significant positive direct effect on incivility, and an indirect effect on counterproductive work behavior through experienced incivility. Moreover, our results suggest that the relationship between paternalism and experienced incivility is moderated by incivility climate, such that the effect of paternalism on experienced incivility is stronger at higher levels of incivility climate tolerance and lower levels of incivility climate policy.

scholarly journals The Effect of Lecturers’ Competency on Students’ Satisfaction through Perceived Teaching Quality

2020 ◽  
Author(s):  
Sopiah Suwarni ◽  
Achmad Moerdiono ◽  
Ita Prihatining ◽  
E.M. Sangadji .
Keyword(s):  
Path Analysis ◽  
Student Satisfaction ◽  
Indirect Effect ◽  
Teaching Quality ◽  
Public And Private ◽  
Positive Direct ◽  
The Relationship ◽  
Students Satisfaction ◽  
Significant Direct Effect ◽  
Analyze Data

There have been a number of studies into the effect of lecturer competency on student satisfaction, however the certainty of the relationship between variables is still unclear. The increasing number of students enrolling in universities should be balanced by provision of good-quality teaching to enhance students’ satisfaction. The aim of the study is to examine the effect of lecturers’ competency on students’ satisfaction directly or indirectly through perceived teaching quality. Path analysis are used to analyze data from 180 lecturers and 600 students from 6 public and private universities in East Java, Indonesia. The main findings of the study are firstly that the lecturers’ competency exerts a positive and significant direct effect on perceived teaching quality, secondly that there is a significant positive direct correlation between perceived teaching quality and students’ satisfaction, and thirdly that there is a significant positive indirect effect the between lecturers’ competency and students’ satisfaction through perceived teaching quality. Keywords: lecturers’ competency, perceived teaching quality, students’ satisfaction

scholarly journals Predicting financial distress using financial and non-financial variables

2015 ◽  
Vol 8 (1) ◽  
pp. 243-260 ◽  
Author(s):  
Francois Van Der Colff ◽  
Frans Vermaak
Keyword(s):  
Financial Distress ◽  
Reasonable Doubt ◽  
Test Results ◽  
Financial Variables ◽  
Model Based ◽  
Financial Distress Prediction ◽  
Model Combining ◽  
Proposed Model ◽  
Distress Prediction ◽  
The Relationship

This study attempts to clarify whether using a hybrid model based on non-financial variables and financial variables is able to provide a more accurate company financial distress prediction model than using a model based on financial variables only. The relationship between the model test results and the De la Rey K-Score for the subject companies is tested, employing Cramer’s V statistical test. A movement towards a Cramer’s V value of one indicates a strengthening relationship, and a movement towards zero is an indication of a weakening relationship. Against this background, further empirical research is proposed to prove that a model combining financial variables with true non-financial variables provides a more accurate company distress prediction than a financial variable-only model. The limited evidence of a strengthening relationship found is insufficient to establish the superiority of the proposed model beyond reasonable doubt.

scholarly journals HUBUNGAN IKLIM ORGANISASI DAN EFEKTIVITAS KEPEMIMPINAN DENGAN KINERJA GURU SMP ISLAM DARUSSALAM LOMBOK

2021 ◽  
Vol 1 (3) ◽  
pp. 218-224
Author(s):  
MUHAMAD SUHARDI
Keyword(s):  
Organizational Climate ◽  
Random Sampling ◽  
Work Performance ◽  
Direct Relationship ◽  
Leadership Effectiveness ◽  
Sampling Technique ◽  
Simple Random Sampling ◽  
Positive Direct ◽  
The Relationship ◽  
Positive Effect

The purpose of this study was to determine the relationship between organizational climate and leadership effectiveness on the work performance of teachers of SMP Islam Darussalam Lombok. The research methodology is a survey selected by simple random sampling technique. Analysis and interpretation of the data shows that (1) organizational climate has a positive direct relationship with job performance, (2) effectiveness has a positive effect on work performance, (3) organizational climate has a positive direct relationship with leadership effectiveness. ABSTRAK Tujuan penelitian ini adalah untuk mengetahui hubungan iklim organisasi dan efektivitas kepemimpinan terhadap prestasi kerja guru SMP Islam Darussalam Lombok. Metodologi penelitian adalah survei yang dipilih dengan teknik simple random sampling. Analisis dan interpretasi data menunjukkan bahwa (1) iklim organisasi memiliki hubungan langsung positif dengan kinerja pekerjaan, (2) efektivitas berpengaruh positif terhadap prestasi kerja, (3) iklim organisasi memiliki hubungan langsung positif dengan efektivitas kepemimpinan.

scholarly journals THE EFFECT OF ENVIRONMENT DIMENSIONS OF CONTINGENCY ON BUDGETARY SLACK

2020 ◽  
Vol 12 (2) ◽  
pp. 179-194
Author(s):  
Andi Ayu Frihatni ◽  
Ahmad Abbas
Keyword(s):  
Organizational Commitment ◽  
Path Analysis ◽  
Information Asymmetry ◽  
Indirect Effect ◽  
Environmental Uncertainty ◽  
Budgetary Slack ◽  
Internal Auditors ◽  
South Sulawesi ◽  
Positive Direct ◽  
The Relationship

This research aims at testing the effect of  contingency determinants dimensioned into organizational commitment, budgeting participatory, information asymmetry and environmental uncertainty on the budgetary slack. The sample of this research is sixty governmental internal auditors of BPKP in South Sulawesi. All data were analyzed using path analysis. The results have shown that contingency determinants consisting of organizational commitment, budgeting participatory, information asymmetry, and environmental uncertainty provide positive direct effect on the budgetary slack, otherwise organizational commitment has no indirect effect on the relationship between contingency determinants and the budgetary slack

scholarly journals The Relationship between Financial Distress and Financial Health Prediction Model: A Study in Public Manufacturing Companies Listed on Indonesia Stock Exchange (IDX)

2020 ◽  
Vol 22 (1) ◽  
pp. 18-27
Author(s):  
Khaira Amalia Fachrudin
Keyword(s):  
Financial Distress ◽  
Prediction Models ◽  
Stock Exchange ◽  
Actual Condition ◽  
Manufacturing Companies ◽  
Financial Health ◽  
Weak Correlation ◽  
Financial Distress Prediction ◽  
Distress Prediction ◽  
The Relationship

Financial distress prediction models of Altman, Springate, Zmijewski, Grover, and Khaira have been widely applied to predict financial distress and financial health. This study aims to analyze score correlations within the prediction results of the mentioned models applied in manufacture companies listed in the Indonesian Stock Exchange. The sample includes 30 companies which faced financial distress during economic crisis in 1997–1998 and, as comparison, incorporates 28 financially healthy companies. Observations were made during one and two years before the financial distress occurred, i.e. between 1995 until 1999, as well as from 2015 until 2018 to measure the financial health level in the companies. In this study, we use the correlation analysis. The results showed that  models which have a strong and significant relationship at alpha 5% are models from Altman - Springate, Altman - Khaira, Springate - Khaira, and Zmijewski - Khaira. Grover model which does not have the predictor in the form of leverage, however has a weak correlation with other model as well as the actual condition

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