scholarly journals ANALISA FAKTOR-FAKTOR RASIO KEUANGAN TERHADAP PERAMALAN TARGET TAKEOVER TAHUN 2005

2008 ◽  
Vol 8 (2) ◽  
pp. 167
Author(s):  
HOTMAN T. POHAN
Keyword(s):  
Regression Analysis ◽  
Discriminant Analysis ◽  
Probability Model ◽  
The Other ◽  
Negative Sign ◽  
Positive Sign ◽  
Logit Regression ◽  
Other Hand ◽  
A Company

<p class="Style1"><strong><em>This research intend to continue last research about takeover and Q ratio that using discriminant </em></strong><strong><em>analysis.ln this research discriminant analysis connot be applied because it does not fulfill the assumption,therefore the analysis in this research uses logit regression analysis. By using logit regression analysis,writer get model that has been tested its validity and hypothesis of this research </em></strong><strong><em>can be proved.The hypothesis is that certain ratio can predict the possibility of taking over company </em></strong><strong><em>target.By cutting 5O% off ,a company can be concluded and classified wether it deserves or not to </em></strong><strong><em>be taken over. Ebitda to sales on behalf DER and CFO to sales ratio has positive sign in logit </em></strong><strong><em>regression probability model,it means that EBITDA to sales enhance the probability of taking </em></strong><strong><em>over On the other hand, ROE and PBV ratio have negative sign in this model,it means that these ratio lessen the probability of taking over.</em></strong></p><p class="Style1"><strong><em>Keywords: takeover, q ratio, logit regression probability model</em></strong></p>

scholarly journals The Binding Effect of the Constitutive Documents of Companies: The 1973 and 2008 Companies Acts of South Africa

2017 ◽  
Vol 13 (1) ◽  
pp. 170
Author(s):  
Tebogo Morajane
Keyword(s):  
South Africa ◽  
The Other ◽  
Fiduciary Duties ◽  
Binding Effect ◽  
Other Hand ◽  
Legal Challenges ◽  
A Company

This contribution examines the provisions of the constitutive documents of companies under two specific provisions, namely s 65(2) of the Companies Act 61 of 1973 and s 15(6) of the Companies Act 71 of 2008.  The aim is to determine who is bound by these provisions, the circumstances which give rise to being bound by them, and the possible effect thereof on various parties. The provisions of the constitutive documents under section 65(2) of the 1973 Companies Act are interpreted by courts and academic writers to amount to a statutory contract between a company and its members and between members inter se. The members are said to be bound by the provisions of these documents only in their capacity as members. It is submitted, however, that the rights and obligations are granted to members in their capacity as such if they are membership rights which are granted by virtue on one’s membership. So far the courts have failed to provide a logical explanation of the concept “capacity of a member as such”. This failure and the “qua membership test” resulted in limitations in the interpretation of section 65(2): for example, the exclusion of persons who are regarded as outsiders. The directors, despite the fact that numerous provisions of the applicable article provides for their rights, have rights that are unenforceable via the articles, for being regarded as outsiders. The company on the other hand can enforce the obligations against the directors on the basis of breach of their fiduciary duties. These limitations called for a redraft of section 65(2).  This contribution raises the legal challenges raised by the above. It arrives inter alia at the conclusion that the “qua membership test” may find application under the 2008 Companies Act, since members/shareholders may be allowed to exercise rights that are membership rights granted to them by virtue of their membership, and directors may be allowed to exercise rights that are granted to them in their official capacities as such.

BANKER’S LIABILITY FOR POST-PETITION DISPOSITIONS

2001 ◽  
Vol 60 (3) ◽  
pp. 441-492
Author(s):  
Christopher Hare
Keyword(s):  
Current Account ◽  
The Other ◽  
Considerable Difficulty ◽  
Competing Interests ◽  
Other Hand ◽  
Court Orders ◽  
The One ◽  
A Company ◽  
Court Of Appeal ◽  
Consistent Approach

Once a petition to wind-up a company has been presented, a balance must be struck between two competing interests. On the one hand, the allegedly insolvent company must be allowed to continue trading until the court has had an opportunity to examine the bien-fondé of the petition; on the other hand, the company’s directors must be prevented from dealing with the corporate assets in a way detrimental to the interests of the general creditors. This balance is struck by the Insolvency Act 1986, s. 127, which provides that, upon the granting of a winding-up order, any “dispositions” of the company’s property in the period following the presentation of the petition are retrospectively avoided, unless the court orders otherwise. The courts have, however, had considerable difficulty in applying this provision to the post-petition operation of a company’s current account and, in particular, have failed to adopt a consistent approach to the potential liability of a bank for continuing to operate such an account. The Court of Appeal addressed this problem in Hollicourt (Contracts) Ltd. v. Bank of Ireland [2001] 2 W.L.R. 290.

scholarly journals HUBUNGAN PROFITABILITAS DAN DIVIDEN TUNAI DENGAN ICECUKUPAN KAS DAN LIKUIDITAS SEBAGAI MODERATING VARIABLE

2007 ◽  
Vol 7 (2) ◽  
pp. 141
Author(s):  
Megawati Olctorina ◽  
Michell Suharti
Keyword(s):  
Dividend Policy ◽  
Stock Exchange ◽  
The Other ◽  
Cash Dividend ◽  
Continuous Growth ◽  
Return On Equity ◽  
Other Hand ◽  
Dividend Distribution ◽  
The Relationship ◽  
A Company

<p class="Style1"><strong><em>The </em></strong><strong><em>objective of this research is to determine the relationship between profitability and the amount </em></strong><strong><em>of cash dividend policy. However this research examines the influences of cash adequate and </em></strong><strong><em>liquidity (current ratio)toward the relationship between profitability and cash dividend policy. We call </em></strong><strong><em>the influence as moderating variables. In general, investors have primarily objective that is to </em></strong><strong><em>increase their wealth by return as dividend or capital gain. On the other hand, the companyexpects </em></strong><strong><em>continuous growth and its going concern, also increase its stockholder's wealth. Factor that pre­</em></strong><strong><em>dicted influencing dividend distribution amount in this research are focused on profitability. Thus, </em></strong><strong><em>profitabiNy influences cash dividend policy in a company. However cash dividend should be paid </em></strong><strong><em>only when a company has adequate cash and good liquidity ratio. This research examines financial </em></strong><strong><em>statement of several companies are listed at Jakarta Stock Exchange for period ended December </em></strong><strong>31, </strong><strong><em>2000 until December 31, 2003. Data is collected from Jakarta Stock Exchange and Indonesia </em></strong><strong><em>Capital Market Directory 2004. This research uses statistical software TViews version 4,1 ''. The </em></strong><strong><em>result is cash adequate and liquidity moderate relationship between return on investment and cash dividen policy. On the other hand, return on equity has not significant relationship with cash dividend </em></strong><strong><em>Policy</em></strong></p><p class="Style1"><strong><em>Keyword : profitability, cash dividend, cash adequate, liquidity</em></strong></p>

scholarly journals Corrupt behaviors of agents and users of public service in Cotonou in the face of representation of money and ethno-linguistic affiliations

2016 ◽  
Vol 4 (12) ◽  
pp. 78-85
Author(s):  
Sylvie De CHACUS
Keyword(s):  
Regression Analysis ◽  
Public Service ◽  
Public Services ◽  
The Other ◽  
Public Accounting ◽  
Correlation And Regression Analysis ◽  
Other Hand ◽  
The Face ◽  
The One

The present study aimed to measure the link between representations of money, ethnolinguistics affiliations and the nature of corruption among agents and users of public services. The numerous legal mechanisms put in place have produced limited results without big effects. Thus, this survey raises the problem of the persistence (obstinacy) of corruption in spite of the multiple efforts taken various levels (institutional, national, and international). The sample of the study consists, on the one hand, of 100 users of public services chosen at random at the Directorate of Treasure and Public Accounting (DGTCP) and at the General Directorate of Taxes and Domains (DGID) in Benin. And on the other hand, of 50 agents in public service; identified in the two directorates according to their contact with the users in the exercise of their functions. Two different questionnaires were used to collect data on the two targets (of agents). The results from the correlation and regression analysis confirm the existence of a significant link between the representation of money, ethnolinguistics affiliations of the agents and users of public services and the behavior of corruption. The results of this research will allow authorities at various levels to better understand the behavior of corruption of the agents and users of public service and it will also be of use in the drafting of measures that aim at changing people’s behavior for an effective and productive fight against corruption.

scholarly journals MEMPREDIKSI KINERJA KEUANGAN DENGAN MODAL INTELEKTUAL PADA PERUSAHAAN PERBANKAN TERBUKA DI BURSA EFEK JAKARTA

2017 ◽  
Vol 11 (2) ◽  
pp. 159
Author(s):  
Sri Iswati
Keyword(s):  
Regression Analysis ◽  
Quantitative Analysis ◽  
Capital Market ◽  
Stock Exchange ◽  
Hypothesis Test ◽  
The Other ◽  
Bank Performance ◽  
Analysis Model ◽  
Potential Link ◽  
A Company

To overcome the competition, a company not only focuses on physical capitals, but also focuses on intellectual capitals. Company can achieve a competitive advantage and earn profit by owing intellectual capitals. Intellectual capitals rest on a potential link between intellectual capitals on one hand and corporate performance on the other hand. A company will grow up if a growing number of physical capitals in the same line with a growing number of intellectual capitals.The purpose of this empirical study is to investigate the influence of intellectual on bank performance, especially financial performance. This study uses empirical data from Indonesia Capital Market Directory 2005 issued by Jakarta Stock Exchange (JSE). This research uses quantitative analysis. The population of the research are banks listed in JSE.  The hypothesis test uses regression analysis model with the degree of significance at 0.05.  The main conclusion of this particular study is intellectual capitals have no influence on bank  performance.

scholarly journals Pengaruh Kinerja Sosial Terhadap Profitabilitas Bank Syariah

2015 ◽  
Vol 1 (7) ◽  
pp. 456
Author(s):  
Rosana Puspasari ◽  
Imron Mawardi
Keyword(s):  
Regression Analysis ◽  
Multiple Regression Analysis ◽  
Multiple Regression ◽  
Commercial Bank ◽  
Social Performance ◽  
Quantitative Approach ◽  
The Other ◽  
Net Income ◽  
Exogenous Variables ◽  
Other Hand

This study aimed to investigate the effect of social performance to the profitability of sharia bank. This study uses quantitative approach with multiple regression analysis and four variables; they are Mudharabah-Musyarakah Financing, Qardh Financing, and Zakat as exogenous variables and Net income as endogenous variable.Based on findings, it revealed that Mudharabah-Musyarakah Financing and Zakat effect significantly positive to the net income of Sharia commercial bank. Meanwhile Qardh Financing has non-significantly effect to the net income of Sharia commercial bank. On the other hand, Musyarakah-Mudharabah financing, Qardh financing and Zakat simultaneously has significantly effect to the net income of Sharia commercial bank.

Dynamic Analysis with Latent Constructs

1993 ◽  
Vol 5 ◽  
pp. 113-150 ◽  
Author(s):  
Paul Kellstedt ◽  
Gregory E. McAvoy ◽  
James A. Stimson
Keyword(s):  
Regression Analysis ◽  
Dynamic Analysis ◽  
Longitudinal Analysis ◽  
The Other ◽  
Measurement Issues ◽  
Latent Constructs ◽  
Political Analysis ◽  
Other Hand ◽  
American Economy

Political scientists generally derive their quantitative methodologies from two disparate traditions: econometric or psychometric. The psychometric tradition has made a lasting impact on political analysis through attention to issues of measurement. Measurement issues are particularly troublesome to political scientists because many interesting concepts are either latent or multidimensional. On the other hand, the econometric tradition has provided political scientists with a means of coping with macrolevel phenomena. In studying macrophenomena, the problem of few cases (there is only one American economy, for example) is handled by using longitudinal analysis. Econometrics provided tools for coping with challenges that longitudinal analysis posed for regression analysis.

scholarly journals Outlining the Case for a Common Law Duty of Care of Business to Exercise Human Rights Due Diligence

2016 ◽  
Vol 1 (2) ◽  
pp. 179-202 ◽  
Author(s):  
Doug CASSEL
Keyword(s):  
Human Rights ◽  
Common Law ◽  
The Other ◽  
Duty Of Care ◽  
Human Rights Violations ◽  
Due Diligence ◽  
Business And Human Rights ◽  
Other Hand ◽  
A Company ◽  
Human Rights Due Diligence

AbstractThis article outlines the case for a business duty of care to exercise human rights due diligence, judicially enforceable in common law countries by tort suits for negligence brought by persons whose potential injuries were reasonably foreseeable. A parent company’s duty of care would extend to the human rights impacts of all entities in the enterprise, including subsidiaries. A company would not be liable for breach of the duty of care if it proves that it reasonably exercised due diligence as set forth in the Guiding Principles on Business and Human Rights. On the other hand, a company’s failure to exercise due diligence would create a rebuttable presumption of causation and hence liability. A company could then avoid liability only by carrying its burden to prove that the risk of the human rights violations was not reasonably foreseeable, or that the damages would have resulted even if the company had exercised due diligence.

Bicycle Sharing and Public Transit

2015 ◽  
Vol 2534 (1) ◽  
pp. 1-9 ◽  
Author(s):  
Ting Ma ◽  
Chao Liu ◽  
Sevgi Erdoğan
Keyword(s):  
Regression Analysis ◽  
Public Transit ◽  
Policy Implications ◽  
The Other ◽  
Quantitative Studies ◽  
Other Hand ◽  
Transit Ridership ◽  
The World ◽  
The Impact

Bicycle-sharing programs have emerged around the world. Theoretically, the effect of bicycle sharing on more conventional transit modes can take a substitute or complementary form. On one hand, bicycle sharing could substitute for conventional transit as a convenient and sustainable travel option. On the other hand, bicycle sharing may complement such transit by seamlessly connecting transit stations with origins and destinations and thus increase accessibility. However, the questions of how and to what extent bicycle-sharing programs affect public transit ridership remain to be answered, despite the attempts of a few empirical and quantitative studies. This study examined the impact of the Capital Bikeshare (CaBi) program on Metrorail's ridership in Washington, D.C. When CaBi trips were mapped, it was observed that Metrorail stations had been important origins and destinations for CaBi trips. Six of seven CaBi stations producing more than 500 trips were located close to Metrorail stations. This study conducted a regression analysis and found that public transit rider-ship was positively associated with CaBi ridership at the station level. A 10% increase in annual CaBi ridership contributed to a 2.8% increase in average daily Metrorail ridership. On the basis of these results, policy implications and recommendations are discussed.

scholarly journals Study on Eigen Values and Eigen Vectors of Matrices : An Iterative Approach

2018 ◽  
Vol 37 ◽  
pp. 51-61
Author(s):  
ARM Jalal Uddin Jamali ◽  
Md Hasibul Haque ◽  
Md Sah Alam
Keyword(s):  
Iterative Algorithm ◽  
The Other ◽  
Negative Sign ◽  
Inverse Power ◽  
Iterative Approach ◽  
Power Method ◽  
Other Hand ◽  
Eigen Values

Power method is frequently used for finding largest Eigen-pair. On the other hand, Inverse Power method is utilized to find smallest Eigen-pair. Using shifting property, Power method and/or Inverse Power method can be used to find out other desired Eigen pairs too. Several lemmas based on Power method with shifting property are presented here. Moreover, a Modified Hybrid Iterative Algorithm based upon both Power method and Inverse Power method is proposed to find both largest and smallest Eigen-pairs simultaneously with ease. Several experiments have been performed to investigate the robustness and effectiveness of the algorithm. The proposed algorithm is able to find both (largest and smallest) Eigen-pairs successfully and efficiently. Moreover, the proposed algorithm is able to find out the nature (positive and negative sign) of the Eigen values and in some cases the algorithm is also able to find out the second largest Eigen pair in consequence.GANIT J. Bangladesh Math. Soc.Vol. 37 (2017) 51-61

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