scholarly journals Expected Investment Premium in China Capital Market

2020 ◽  
Vol 3 (2) ◽  
Author(s):  
Di Liu
Keyword(s):  
Cash Flow ◽  
Capital Market ◽  
Stock Return ◽  
Lower Growth ◽  
Cross Sectional ◽  
Asset Pricing Model ◽  
One Year ◽  
The Impact ◽  
Significant Return ◽  
Behavioral Perspective

Through a measurement of corporate investment plan, i.e. expected investment cash flow growth (EICFG), which combines historical equity issuance and factors that influence firm’s future investment, this paper studies the impact of investment expectation on firm’s cross-sectional return of stock in China capital market. I document the negative correlation between EICFG and future stock return in A-share market, and find out that stocks of firms with higher growth of investment cash flow performs significantly worse than those with lower growth of investment cash flow in one year. Our long-short EICFG portfolio generates a statistically and economically significant return which cannot be captured by leading factor models. I further disentangle the covariation between EICFG and expected stock return from rational and behavioral perspective. This paper also extends the research of investment premium to investment-based asset pricing model.

The Mirror of Malaysia Real Estate Investment Trust Stock Return in the Short-Run Dynamics

2021 ◽  
Vol 12 (3) ◽  
pp. 547-562
Author(s):  
William Choo Keng Soon Et.al
Keyword(s):  
Real Estate ◽  
Crude Oil ◽  
Capital Market ◽  
Stock Price ◽  
Trading Volume ◽  
Stock Return ◽  
Financial System ◽  
Empirical Finding ◽  
Short Run ◽  
The Impact

The formation of Islamic capital market under the subcomponent of Islamic financial system scratch a milestones development of Islamic finance in Malaysia. The Islamic capital market operates in mirror with convention capital market in expending, deepening and broadening Malaysia financial system. Malaysia is one of the REIT markets that value both the Islamic and conventional practices, such flexibility makes the attract not only to the local investor but also Islamic investors and foreign investor. The major source that generates income for REIT is the rental of the commercial real estate invested and hold as portfolio by the REIT management company. Furthermore, Malaysia REIT is known to be defensive stocks which consist of cyclic income producing assets that has some potential of asset appreciation. On the other hand, it witnessed by the moderation of Malaysia government bond yields created a lower pressure on the REIT stock price and analyst’s report highlighted the uncertainties on global crude oil prices and inflation is main concerned to REIT investors. In addition, the revision of 2019 tax system in Malaysia furnished a long run affected the dividend payout and volatility of REIT stock price. Therefore, this impact on the REIT stock liquidity and trading volume experiencing anil liquid trading. Therefore, the impact of external forces towards the mirror of two type of Malaysia REITs is significant to the investors, policy makers and government to outline the short-run relationship and facilitate future growth. The Vector auto regression model, granger causality and variance decomposition employed in this study to analyze the mirror of two types Malaysia REIT stock return. The empirical finding shows that the variability of dividend yield is vital explanatory variables to explain the both type of REIT stock return in Malaysia followed by interest rate for Islamic REIT stock return. The mirror of conventional REIT further implicated that trading volume and global crude oil price are useful to forecasting the changes in the stock return. Nutshell, this study provides a discussion of Malaysia REIT stock return behavior and it should be given necessary attention by researchers in ensuring the newly develop Islamic REIT are competitive and stability as the conventional REIT.

scholarly journals Comorbidity and Healthcare Expenditure in Women with Osteoporosis Living in the Basque Country (Spain)

2014 ◽  
Vol 2014 ◽  
pp. 1-7 ◽  
Author(s):  
Roberto Nuño-Solinis ◽  
Carolina Rodríguez-Pereira ◽  
Edurne Alonso-Morán ◽  
Juan F. Orueta
Keyword(s):  
Healthcare Cost ◽  
Healthcare Expenditure ◽  
Basque Country ◽  
Clinical Care ◽  
Population Group ◽  
Deprivation Level ◽  
Chronic Patients ◽  
Cross Sectional ◽  
One Year ◽  
The Impact

Objectives.This study aimed to establish the prevalence of multimorbidity in women diagnosed with osteoporosis and to report it by deprivation index. The characteristics of comorbidity in osteoporotic women are compared to the general female chronic population, and the impact on healthcare expenditure of this population group is estimated.Methods.A cross-sectional analysis that included all Basque Country women aged 45 years and over (N= 579,575) was performed. Sociodemographic, diagnostic, and healthcare cost data were extracted from electronic databases for a one-year period. Chronic conditions were identified from their diagnoses and prescriptions. The existence of two or more chronic diseases out of a list of 47 was defined as multimorbidity.Results.9.12% of women presented osteoporosis and 85.04% of them were multimorbid. Although multimorbidity in osteoporosis increased with age and deprivation level, prevalence was higher in the better-off groups. Women with osteoporosis had greater risk of having other musculoskeletal disorders but less risk of having diabetes (RR = 0.65) than chronic patients without osteoporosis. People with poorer socioeconomic status had higher healthcare cost.Conclusions.Most women with osteoporosis have multimorbidity. The variety of conditions emphasises the complexity of clinical management in this group and the importance of maintaining a generalist and multidisciplinary approach to their clinical care.

Capital Market Pressure, Disclosure Frequency-Induced Earnings/Cash Flow Conflict, and Managerial Myopia (Retracted)

2005 ◽  
Vol 80 (1) ◽  
pp. 1-20 ◽  
Author(s):  
Sanjeev Bhojraj ◽  
Robert Libby
Keyword(s):  
Stock Market ◽  
Cash Flow ◽  
Capital Market ◽  
Cash Flows ◽  
Mandatory Reporting ◽  
Managerial Myopia ◽  
Near Term ◽  
The Impact ◽  
Market Pressures ◽  
Market Pressure

We examine the effects of increased capital market pressure and disclosure frequency-induced earnings/cash flow conflict on myopic behavior. In our experiments, experienced financial managers choose between projects where a conflict exists between near-term earnings and total cash flow. Managers more often choose projects that they believe will maximize short-term earnings (and price) as opposed to total cash flows in response to increased capital market pressure resulting from a pending stock issuance, holding constant agency frictions and other stock market pressures. When faced with increased capital market pressure, changes in disclosure frequency cause managers to behave more or less myopically depending on the impact of the change on the pattern of earnings and the resulting earnings/cash flow conflict. Our study provides insights into managers' beliefs about stock market pressures, mandatory reporting, and the availability of alternative communications channels, and contributes to literature on managerial myopia and earnings management, as well as current debates over disclosure frequency.

scholarly journals Hubungan Faktor Demografi Dan Dukungan Sosial Dengan Depresi Pascasalin

2018 ◽  
Vol 11 (2) ◽  
Author(s):  
Nurfatimah Nurfatimah ◽  
Cristina Entoh
Keyword(s):  
Social Support ◽  
Postnatal Depression ◽  
Economic Status ◽  
Depression Scale ◽  
Dominant Factor ◽  
Research Subjects ◽  
Cross Sectional ◽  
One Year ◽  
The Impact ◽  
The Relationship

Postnatal depression is a mental disorder after the birth of her child and can last up to one year. Maternal postnatal mood disorder not an easy matter. The impact can be devastating life of the mother and her child. Currently there are many women who experienced postnatal depression but has not been detected. The purpose of this study was to analyze the relationship between demographic factors and social support in postnatal depression in The Working Area Of Puskesmas Kayamanya.The design of this research is cross sectional. Research subjects were followed for 56 respondents ranging from childbirth to 7 days postnatal. The samples was chosen by using consequtive sampling. The instruments used in this research are the Edinburgh Postnatal Depression Scale (EPDS) and standard social support questionnaire. The results reveal that the age is not significantly associated with depression postnatal (p = 0.514) and education (p = 0.154); but it is significantly parity (p = 0.012); economic status (p = 0.030), social support include the family (p = 0.035); friends (p = 0.017); and midwives (p = 0.005). The multivariate analysis reveals that midwifes support (wald=4,236; p= 0,04) is the dominant factor causing postnatal depression.

scholarly journals ANALISIS PENGARUH PENGUMUMAN DIVIDEN TERHADAP PERUBAHAN HARGA SAHAM (RETURN) SEBELUM DAN SESUDAH EX-DIVIDEND DATE DI BURSA EFEK JAKARTA (BEJ)

2019 ◽  
Vol 1 (2) ◽  
pp. 73
Author(s):  
Wibowo Wibowo ◽  
Melati Adorini
Keyword(s):  
Capital Market ◽  
Abnormal Return ◽  
Stock Return ◽  
Stock Exchange ◽  
Paired Sample ◽  
Before And After ◽  
Independent Variable ◽  
Return Difference ◽  
The Impact ◽  
Observation Period

<p><em>The objective of this research was to analyze the impact of ex-dividend date announcement in Jakarta Stock Exchange (JSX) on stock return during the period of 2000- 2004. This research takes 25 corporation samples which are divided into two groups, namely increasing dividend group and decreasing dividend group. The method used in this research is event study that observed the stock return movement in capital market. The observation period was during 15 days before and 15 days after ex-dividend date. In order to examine the existence of price reaction, the abnormal return was conducted during the event period towards the increasing dividend group and decreasing dividend group. The independent variable used was dividend declaration (increasing dividend and decreasing dividend) and dependent variable used was stock return. The calculation of this research using paired sample t test, was to prove if there is any stock return differences between before and after ex-dividend date announcement with<br /> the presence of increasing dividend declaration and decreasing dividend declaration in Jakarta Stock Exchange (JSX). The result of this research had shown two conclutions that for the increasing dividend group, there were no stock return (abnormal return) diffrerence between before and after ex-dividend date due to the increasing dividend declaration in Jakarta Stock Exchange (JSX) and for the decresing dividend group there was stock return (abnormal<br /> return) difference between before and after ex-dividend date due to decresing dividend declaration in Jakarta Stock Exchange (JSX).</em></p>

Abstract P194: A Prospective Study of the Association of Flushing Bother, Impact, Treatment Satisfaction and Discontinuation of Niacin Therapy

2011 ◽  
Vol 4 (suppl_1) ◽  
Author(s):  
Josephine M Norquist ◽  
Jane Liao ◽  
Tiffany B Miller ◽  
Lori D Bash ◽  
Douglas J Watson ◽  
...  
Keyword(s):  
Side Effects ◽  
Real World ◽  
Treatment Satisfaction ◽  
Patient Adherence ◽  
Alternative Methods ◽  
Cross Sectional ◽  
Niacin Therapy ◽  
One Year ◽  
A Prospective Study ◽  
The Impact

Background: Niacin has proven lipid-modifying efficacy and cardiovascular benefit. Previous cross-sectional and retrospective studies have suggested that niacin-induced flushing (NIF) significantly limits patient adherence to therapy. We conducted a one-year ‘real-world’ prospective observational study to characterize the impact and severity of NIF symptoms in subjects newly prescribed extended-release (ER) niacin. Methods: Subjects were surveyed daily during week 1 of therapy and thereafter via telephone at weeks 5, 9, 13 and months 6, 9 and 13. Surveys included the Global Flushing Symptom Score (GFSS), Flushing Impact Questionnaire (FIQ), and Treatment Satisfaction Questionnaire for Medication (TSQM). Results: A total of 306 subjects were recruited of which 43.5% (n=133) discontinued ER niacin by the end the study. Among those who discontinued, the median duration of ER niacin use was 95 days (range 2-402 days). At discontinuation, 3 (2.3%) subjects were on 250mg, 71 (54%) on 500mg, 1 (0.8%) on 750mg, 27 (20.3%) on 1000mg, 6 (4.5%) on 1500mg, and 4 (3.1%) on 2000mg. Dose was not available for 21 subjects. Over half of the discontinuers experienced flushing symptoms; 82% reported moderate to extreme flushing (GFSS≥4) and 68% reported severe to extreme (GFSS≥7) prior to discontinuation. About 74% of the discontinuers reported that moderate was the greatest degree of flushing they could tolerate before discontinuation. Those who discontinued and reported experiencing flushing side effects reported high degrees of impact in the FIQ Irritation/Frustration domain: mean (SD) 3.0 (1.3) (0=not at all, 4=extremely) and high dissatisfaction due to side effects as measured by the TSQM Side Effect domain: mean (SD) 63.3 (33.8) (0=extremely dissatisfied, 100=extremely satisfied). In addition, subjects who reported moderate or greater flushing bother during week 1 were 3.3 times more likely to discontinue due to flushing than those who reported less bother (95% CI: 1.01-10, p<0.05). Conclusion: Results from this study suggest that in a “real-world” setting, flushing side effects are bothersome and have an impact on continuation of ER niacin therapy. Further research is needed into alternative methods for increasing ER niacin acceptability.

scholarly journals Medicolegal Significance of Torture Under Police Custody on Prisoners’ Health and Recommendations for Prevention of Violence Against Torture

2019 ◽  
Vol 5 (2) ◽  
pp. 16-20
Author(s):  
Sayed Muhammad Yadain ◽  
Aftab Alam Tanoli ◽  
Riffat Masood ◽  
Shagufta Shafi ◽  
Rizwan Zafar Ansari ◽  
...  
Keyword(s):  
The Body ◽  
Physical Work ◽  
Physical Assault ◽  
Cross Sectional ◽  
Police Custody ◽  
Wide Range ◽  
Hands On ◽  
Istanbul Protocol ◽  
One Year ◽  
The Impact

OBJECTIVES:The aim of the study was to determine (a) most common sites of torture, nature of injuries and their complications and (b) psychological and physical effects of torture on the prisoner’s mental and physical health. METHODOLOGY: It was a cross-sectional descriptive study. The study was conducted on 193 prisoners admitted at District Police Hospital Peshawar over a period of one year. These prisoners were the victims of torture under police captivity. Majority of the victims were prisoners. The data was collected on a Performa mentioning age, duration of captivity; nature of injuries (simple, grievous), weapon used for physical torture (blunt, sharp) and prisoners were interviewed and examined by the medical officers and co-authors. SPSS 20 was used for data analysis. RESULTS: One hundred and eighty (93.2%) of the 193 subjects were male. Average age was 27.4 ±4 years. Hundred (51.8%) prisoners were physically tortured and 92 cases (47.6%) were due to physical assault among prisoners. Out of 92 cases 12 (13.04%) prisoners showed injuries due to strenuous physical work, mostly on palms and soles in the form of blisters. These injuries were carefully examined and correlated with history. Torture methods observed in this study were beating with hands on face (35.6%), whipping with rod (61.6%), kicking on buttock and abdomen (16.4%), forceful dragging (16.4%), burning with cigarettes (12.3%), hanging with hand cuffs (13.7%) and whipping on palms and sole (6.9%). Majority of the cases (74%) were tortured in custody, (12.3%) in prisons, (9.6%) on the street and (4.1%) at home. The impact of physical and psychological torture was variable depending upon the duration of captivity and nature of torture. Patients kept for a longer period 42 (42%) had developed post captivity psychosocial stress syndrome. Physical torture has taken 07 (3%) lives and 24 (12.4%) victims were permanently disabled in this year. CONCLUSION: A wide range of different types of injuries were observed on various parts of the body. Blunt trauma was most frequent. Violation of Istanbul Protocol for violence against torture under police custody was also clear.

scholarly journals PENGARUH EARNINGS, OPERATING CASH FLOW DAN ASSET GROWTH TERHADAP STOCK RETURN PERUSAHAAN YANG TERDAFTAR PADA INDEKS LQ 45 UNTUK PERIODE 2009-2011

2017 ◽  
Vol 16 (2) ◽  
pp. 181
Author(s):  
Yulius , ◽  
Yuliawati Tan
Keyword(s):  
Cash Flow ◽  
Stock Return ◽  
Financial Statement ◽  
Result Show ◽  
Asset Growth ◽  
Operating Cash Flow ◽  
The One ◽  
The Impact ◽  
Economics And Politics

<p><em>The objective of this research is to test the impact of earnings, operating cash flow and asset growth to firm’s stock return which listed in LQ 45 index in Indonesian for 2009-2011. The result of this research is earnings, operating cash flow and asset growth have not significant effect to stock return both when those variabels is tested separately or silmutaneously. This result show that earnings, operating cash flow and asset growth are not only the one to be the basis of consideration for investor to make investment to get the stock return. Therefore, for making investment, investor should consider other factors which effect the firm’s stock return as macro economics and politics. Furthermore, from this result, be expected an improvement of quality financial statement which addopted IFRS.</em></p><p><em>Keyword: Earnings, Operating Cash Flow, Asset Growth, Stock Return.</em></p>

scholarly journals O27 THE IMPACT OF NERVE MANAGEMENT ON THE RISK FOR PERSISTING POSTOPERATIVE PAIN FOLLOWING OPEN ANTERIOR MESH REPAIR OF INGUINAL HERNIA

2021 ◽  
Vol 108 (Supplement_8) ◽  
Author(s):  
Linn Westin ◽  
Ulf Gunnarsson ◽  
Gabriel Sandblom ◽  
Ursula Dahlstrand
Keyword(s):  
Postoperative Pain ◽  
Mesh Repair ◽  
Cross Sectional Study ◽  
Cross Sectional ◽  
Ordered Logistic Regression ◽  
Post Operative Pain ◽  
Intraoperative Management ◽  
Mesh Hernia Repair ◽  
One Year ◽  
The Impact

Abstract Aim The impact of peripheral nerve management on post-operative pain is poorly known. The aim was to evaluate how management of the inguinal nerves during anterior mesh hernia repair affects the risk for long-term postoperative pain. Material and Methods Cross-sectional study based on the Swedish Hernia Register (SHR). Includes patients over 18 years of age with an open anterior repair during 2012-2018, who responded to a one-year follow-up questionnaire regarding pain. Ordered logistic regression analysis was applied to determine risk factors for pain. Results In total 35,720 patients who were operated with anterior mesh repair responded to the PROM questionnaire. Overall, 15.6% reported pain interfering with daily activities. The risk for persisting groin pain one year after surgery was not impacted by transecting the iilioingiounal nerve (0.49), the iliohypogastric nerve (0.17) or the genital branch of the genotiofemoral nerve (0.25) in a multivariable ordinal regression adjusting for anaesthesia, gender, age and emergency surgery. Conclusions Intraoperative management of the three main inguinal nerves was not associated with the risk for persisting pain in the operated groin one year after surgery.

scholarly journals Pengaruh Kandungan Informasi komponen Laporan Arus Kas, Laba Akuntansi Dan Size Perusahaan Terhadap Return Saham Pada Perusahaan Consumer Good di Bursa Efek Indonesia

2020 ◽  
Vol 8 (4) ◽  
Author(s):  
Laila Zulviana
Keyword(s):  
Data Analysis ◽  
Stock Returns ◽  
Cash Flow ◽  
Consumer Goods ◽  
Stock Return ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Cash Flows ◽  
Company Size ◽  
The Impact

This study aims to examine the impact of the information content component of the cash flow statements, accounting profit, and company sizes on stock returns in consumer goods companies listed on the Indonesia Stock Exchange in the 2014-2017 period. The population in this study are corporations listed on the Indonesia Stock Exchange, specifically consumer goods companies. The sample were obtain by purposive sampling method. There are 30 companies that match the criteria. The data analysis was contucted using SPSS version 22. The technique of data analysis was descriptive statistics, classic assumption tests, hypothesis testing utilising multiple linear regression analysis. The research findings explicated several discoveries such as the following : 1) Operating cah flow has a negative and no significant effect on stock return, 2) Investment cash flow holds a positive and not significant effect on stock return, 3) Funding cash flow have a positive and not significant on effect stock return, 4) Accounting profit has a negative and no significant on effect return stock, 5) The size of the company has a positive and significant effect on stock return. The limitations of this study were that the adjusted R2 examined only had an effect of 13.2%. This shows that the influence of operating cash flows, investment cash flows, funding cash flows, accounting profit and company size on stock return is still very small compared to other factor, which is 86.8% and influenced by other factors which can be examined further. Future research needs to pay attention to other factors such as grofit, ROA and ROE.Keyword : operating cash flow, investment cash flow, funding cash flow, accounting profit, company size, and stock return.

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