scholarly journals Measurement and Determinants of Financial Performance of Modaraba Companies: A Case Study of Pakistan

2021 ◽  
Vol 7 (2) ◽  
pp. 435-457
Author(s):  
Qaisar Maqbool Khan ◽  
Rehana Kouser
Keyword(s):  
Financial Performance ◽  
Negative Correlation ◽  
Empirical Relationship ◽  
Scale Efficiency ◽  
Net Income ◽  
Policy Makers ◽  
Positive Correlation ◽  
Efficiency Measures ◽  
Performance Drivers ◽  
Relationship Of

Purpose: Profitability measurement is a comparative statistic that describes the relationships between overall profit and other financial determinants of the firm. Design/Methodology/Approach: The focus of this study is to measure the technical (TE), pure technical (PTE) and scale efficiency (SE) scores via Data Envelopment Analysis (DEA) of modaraba companies operating in Pakistan. The next stage is to study the empirical relationship between profitability, liquidity, leverage, and macroeconomic performance drivers. Financial statement data for 2010 to 2019 have been analyzed. Findings: Empirical findings of descriptive statistics, correlation and regression were measured. These empirical results reveal that capital ratio (CR) and operating expenses to net income (OENI) had negative correlation with PTE, SE and TE. Whereas the age of the firm had a negative correlation with PTE and TE and positive correlation with SE, moreover, exchange rate (EXC) PKR to USD, log of total assets (LTA) and management expenses (ME) had negative correlation with SE and positive correlation with PTE and TE. Furthermore, inflation (INF) had negative correlation with PTE and positive correlation with SE and TE. Moreover, number of certificates (NOC) had negative correlation with SE and TE and positive correlation with PTE. Implications/Originality/Value: Findings will be helpful to the management and policy makers for enhancing future financial performance by concentrating on these economic factors. More detailed and extensive data from the financial and non-financial aspects is suggested to support the hypothesized relationship of efficiency measures and determinants.

scholarly journals Distribution of attempted leader with monsoon seasons and negative cloud-to-ground flashes in Melaka, Malaysia

2021 ◽  
Vol 23 (3) ◽  
pp. 1324
Author(s):  
Nur Asyiqin Isa ◽  
Zikri Abadi Baharudin ◽  
Hidayat Zainuddin ◽  
Tole Sutikno ◽  
Maslan Zainon ◽  
...  
Keyword(s):  
Negative Correlation ◽  
Statistical Distribution ◽  
Positive Correlation ◽  
Relationship Of ◽  
Cg Lightning

<p>Ninety (90) waveforms recognized as attempted leader were identified with both positive (84 events) and negative (6 events) initial polarity observed from four consecutive years of data (N=10,206). The positive attempted leader shows no correlation with the number of thunderstorms producing it during monsoon. Meanwhile, the negative attempted leader during monsoon and both polarity of attempted leader (positive and negative) during inter-monsoon shows positive correlation with the number of thunderstorms producing it. In this study, the yearly statistical distribution of negative cloud-to-ground (CG) lightning flashes which were classified as positive preliminary breakdown pulses (214 events) and negative preliminary breakdown pulses (4982 events) in accordance of their preliminary polarity were also presented. In addition, there is no relationship of attempted leader and the initial breakdown of negative ground flash since both mechanisms performed as a negative correlation.</p>

The Relationship between Resilience and Mental Health: the Mediating Effect of Positive Emotions

2018 ◽  
Vol 2 (3) ◽  
pp. 87
Author(s):  
Zhun Gong ◽  
Lichao Yu ◽  
Jonathan W Schooler
Keyword(s):  
Mental Health ◽  
Negative Correlation ◽  
Psychological Health ◽  
Positive Emotions ◽  
Mediating Effect ◽  
Depression And Anxiety ◽  
Cross Sectional ◽  
Positive Correlation ◽  
Relationship Of ◽  
The Relationship

<p class="tgt"><em>To investigate the relationship of resilience, positive emotions and mental health, and the relationship of resilience, positive emotion and three sub-dimensions of mental health: self-affirmation, depression and anxiety. In this study, the existing cross-sectional data, select the Beijing Forestry University data as samples. In this study, questionnaire survey a random sample of 199 undergraduate students of Beijing Forestry University, they uniform application three Scale Surveying, PANAS, CD-RISC, GHQ-20. According from the study, (1) resilience, positive mood and general health are related where resilience and positive emotions between the resilience. General psychological health, positive emotions and general mental health</em><em>?</em><em>it is positively correlated. (2) Resilience and self-affirmation exists, positive correlation with depression and anxiety, respectively negative correlation. Between positive emotions and self-affirmation the positive correlation with anxiety negative correlation. (3) Part mediating effect of positive emotions exist between resilience and self-affirmation, resilience can be made to self-affirmation prediction coefficient from 0.042 down to 0.036. Therefore, this study concluded that resilience undergraduates can have an impact on mental health through the intermediary variable positive emotions.</em></p>

scholarly journals Financial performance trends of United States Hockey Inc: a resource-dependency approach

2019 ◽  
Vol 24 (48) ◽  
pp. 327-344 ◽  
Author(s):  
Peter Omondi-Ochieng
Keyword(s):  
Financial Performance ◽  
Net Income ◽  
Return On Assets ◽  
Financial Efficiency ◽  
Content Type ◽  
Non Profit ◽  
Average Return ◽  
Efficiency Measures ◽  
Performance Trends ◽  
The Us

Purpose The purpose of this paper is to examine the 2009 to 2016 financial performance of the US Hockey Inc., using financial effectiveness indicators and financial efficiency ratios. Design/methodology/approach With the assistance of financial trend analysis, archival data were used to examine the financial performance (evaluated by net income), financial effectiveness (indicated by total assets and total revenues) and financial efficiency (examined by programme services ratios and return on assets) of US Hockey Inc. Findings On average, the financial performance of the organization was positive ($30,895 net income per year). Financial effectiveness was steady with increases in assets and revenues. Financial efficiency was poor with 79% of revenues spent on programme services and 1.45% average return on asset. Research limitations/implications The results can be generalized to similar national non-profit sports federations but not corporate sports entities with dissimilar financial goals. Practical implications The results revealed that national non-profit sports federations can boost their financial performance by maintaining a double strategically focus on both financial effectiveness and financial efficiency. Originality/value The study used both financial effectiveness and financial efficiency measures to evaluate the financial performances of a national non-profit sports federation – a neglected approach similar studies.

scholarly journals Employee Ownership and Financial Performance of State-Owned Entities: A Mediating Role of Employee Loyalty

2019 ◽  
pp. 640-645
Author(s):  
Tariq Javed ◽  
Mohd\ Faizal Basri
Keyword(s):  
Financial Performance ◽  
Secondary Data ◽  
Employee Ownership ◽  
Employee Loyalty ◽  
Return On Assets ◽  
Corporate Policies ◽  
Policy Makers ◽  
Mediating Role ◽  
Relationship Of ◽  
The Impact

The paper examines the mediation impact of employee loyalty in the relationship of employee ownership and financial performance of state-owned entities of Pakistan. Employee ownership is measured as percentage holding in state-owned entities, and financial performance is assessed trough profitability ratios; net profit margin and return on assets. Employee loyalty is determined through questionnaire circulated among the employees covered under the scheme. Meanwhile, secondary data is collected from already published sources. The study reveals that employee loyalty partially mediates the impact of employee ownership on the financial performance, which will support the policy makers to design corporate policies.

scholarly journals Corporate Social Responsibility on Firms’ Financial Performance: Evidence of Banking Sectors of Nepal

2020 ◽  
Vol 9 (1) ◽  
pp. 89-94
Author(s):  
Sudip Wagle
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Performance ◽  
Commercial Banks ◽  
Net Income ◽  
Return On Assets ◽  
Return On Equity ◽  
Csr Disclosure ◽  
Corporate Social ◽  
Relationship Of

The purpose of this study was to find the trend and relationship of Corporate Social Responsibility (CSR) practices and Firm’s Financial Performance of Commercial Banks in Nepal. CSR became a mandatory issued in Nepal. Based on gaps in the extant literature, the current study hypothesizes that three dependent variables of financial performance i.e. Return on Assets (ROA), Return on Equity (ROE) and Net Income (NI) on the independent variable CSR. Out of listed 27 Commercial banks, the sample includes only 3 banks for the base of extensively disclosing CSR activities, from earlier than issued mandatory laws in Nepal. Four years of data (2015/16 to 2018/19) were collected for the study purposes. Data analyzed and interpreted using Statistical Package for Social Science (SPSS) Specifically Pearson’s Correlation to analysis the relationship between CSR disclosure activities and Financial Performance. The results revealed that out of 3 variables only a CSR activity on ROA is significantly accepted with having a negative correlation among them. Moreover, CSR activity on ROE & CSR activity on NI both are insignificant, having a neutral relationship i.e. rejected.

89 Relationships Among Measures of Efficiency with Body Weight, Frame Score, and Body Volume in Lactating Multiparous Crossbred Beef Cattle

2021 ◽  
Vol 99 (Supplement_3) ◽  
pp. 47-48
Author(s):  
Macie K Mosher ◽  
Samuel Olorunkoya ◽  
Nayan Bhowmik ◽  
Kris A Ringwall ◽  
Lauren L Hulsman Hanna ◽  
...  
Keyword(s):  
Body Size ◽  
Negative Correlation ◽  
Dry Matter ◽  
Dry Matter Intake ◽  
Body Volume ◽  
Complex Relationship ◽  
Positive Correlation ◽  
Efficiency Measures ◽  
Partial Correlations ◽  
System Average

Abstract Sixty cows of varying frame scores (FS; 5.17 ± 1.38) were used to examine relationships between body size [BW, FS, and body volume (V)] and cow efficiency. Dry matter intake (DMI) and BW change were monitored over 64 days starting 1 month before bull turnout. Cows were fed a forage-based diet and DMI monitored using the Insentec system. Average BW (ABW; 662 ± 93.3 kg) was calculated by averaging 2-d beginning and end BW. Measurements (body length, hip height, hip width, and heart, mid, and flank girth) were collected at the beginning and end of the experiment and average V (628 ± 96.4 L) calculated. Calf BW was recorded at weaning (WW). Pearson partial correlations between body size characteristics and efficiency measures were determined using GLM (SAS) and the MANOVA/PRINTE statement. There was positive correlation (P &lt; 0.001; r = 0.84, 0.74, 0.81) between DMI (kg) and ABW, FS, and V. There was a tendency for negative correlation (P = 0.08, 0.09; r = -0.24, -0.23) between DMI (% of BW) and ABW and V. There was positive correlation (P ≤ 0.05; r = 0.33, 0.28, 0.26) between WW (kg) and negative correlation (P &lt; 0.001; r = -0.63, -0.57, -0.65) between WW (% of ABW) and ABW, FS, and V. There was positive correlation (P = 0.04; r = 0.26) between calf ADG and ABW, and a tendency for positive correlation (P = 0.09; r = 0.23) between calf ADG to weaning and FS. The observed correlations suggest that larger cows consume more kg of feed and wean heavier calves with greater ADG to weaning, whereas smaller cows tend to consume more feed as a percentage of BW and wean a greater percentage of cow BW. Further research is needed on the complex relationship between cow size and efficiency.

DİĞER KAPSAMLI GELİR KALEMLERİ İLE İŞLETMENİN PİYASA DEĞERİ ARASINDAKİ İLİŞKİ

2014 ◽  
Vol 1 (3) ◽  
pp. 269
Author(s):  
Serhan Gürkan ◽  
Yasemin Köse
Keyword(s):  
Financial Performance ◽  
Value Relevance ◽  
Net Income ◽  
Comprehensive Income ◽  
Income Statement ◽  
Other Comprehensive Income ◽  
The Difference ◽  
Gains And Losses

Other comprehensive income is the difference between net income as in the Income Statement and comprehensive income, and represents the certain gains and losses of the enterprise not recognized in the Profit or Loss Account. Value relevance of other comprehensive income is under discussion and considering other comprehensive income items all together might be misleading for financial performance. In the view of such information, discussing the value relevance of each other comprehensive income item, judgements are made.

ANALISIS FAKTOR PENENTU KOMPENSASI EKSEKUTIF DAN HUBUNGAN KOMPENSASI EKSEKUTIF DENGAN KINERJA PERUSAHAAN

2013 ◽  
Vol 11 (3) ◽  
Author(s):  
Dyan Vidyatmoko ◽  
Bunasor Sanim ◽  
Hermanto Siregar ◽  
M. Said Didu
Keyword(s):  
Financial Performance ◽  
Executive Compensation ◽  
Structural Equation ◽  
Equation Model ◽  
Product Diversification ◽  
Learning Performance ◽  
Market Area ◽  
Job Complexity ◽  
Positive Correlation ◽  
Volume Output

The objectives of this research were (1) to analyse determinants of the influencing factors of the Indonesian Estate State-owned enterprises’ executive compensations; and (2) to analyse the relationship between compensation executive and firm performances. Statistical methods used for analysing these objectives were Structural Equation Model (SEM), contingency analysis, regresion analysis and qualitative analysis. The study found out that from all identified variables, executive decision mechanism, job complexity, firm size, firm ability to pay compensation, and product diversification and market expansionhad positive correlation and significant influenced to executive compensation. Human capital, business risk, executive employment market had significant correlations to executive compensation. The research had also shown a result that executive compensation provide positive correlation and significant influence towards financial performance (EBIT), customer performance (sales volume, output price, market area), internal process performance (OER target, OER realisation), and growth and learning performance (number of training investment, number of employees participated intraining). However, executive compensation did not give positive correlation and significant influenced towards financial performance (ROE) and customer performance(market share). This research also showed that direction of executive compensation was heading to company’s performance and not the opposite way.

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