scholarly journals THE RELATIONSHIP BETWEEN HUMAN CAPITAL AND DIRECTORS’ REMUNERATION OF MALAYSIAN PUBLIC LISTED COMPANIES

2017 ◽  
Vol 17 (2) ◽  
Author(s):  
Nik Mohd Naqiuddin Nik Ahmad ◽  
Anuar Nawawi ◽  
Ahmad Saiful Azlin Puteh Salin
Keyword(s):  
Human Capital ◽  
Pay For Performance ◽  
Listed Companies ◽  
Conclusive Evidence ◽  
Individual Characteristics ◽  
Least Square ◽  
Ordinary Least Square ◽  
Ordinary Least Square Regression ◽  
The Individual ◽  
The Relationship

A lot of previous study on directors’ remuneration unable to find conclusive evidence of what are the determinants of directors’ remuneration. Beside, many studies also fail to documented evidence on the relationship between directors’ remuneration with corporate performance. Due to this, this study tries to examine the determinants of directors’ remuneration from the human capital perspectives. Age, tenure and qualification were selected to test whether these factors contribute to the level of remuneration paid to the directors. Based on Malaysian listed companies, an ordinary least square regression analysis was employed to determine the predicted relationship. It was found that only age and tenure have significant positive relationship with total remuneration. This implicates that human capital elements do contribute to the amount of remuneration paid to the top executive of the company. This outcome also implies that the company may pay their directors based on the individual characteristics and background which possibly the reason of the existence of pay-for-performance non-relationship.Keywords: Human Capital; Directors’ Remuneration; Age; Tenure; Qualification.

scholarly journals A Study on the Relationship between Earnings Quality and Capital Cost-Takes the China Listed Companies as a Sample

2021 ◽  
pp. 48-56
Author(s):  
Chih-Yi Hsiao ◽  
Hui-Hui Kuang ◽  
Hui-Ling Li ◽  
Jia-Li Liu
Keyword(s):  
Earnings Management ◽  
Earnings Quality ◽  
Least Square Method ◽  
Listed Companies ◽  
Capital Cost ◽  
Least Square ◽  
Accounting System ◽  
Ordinary Least Square ◽  
Research Findings ◽  
The Relationship

The phenomenon of false financial statements still exists. However, in addition to the risk of being punished, what kind of price do companies have to pay? In recent decades, with China's rapid progress in economic, the relevant accounting system and corporate governance standards are actively improving, and the earnings quality is improving. This paper takes China's listed companies from 2015 to 2019 as samples, and adopts quantile regression supplemented by ordinary least square method to explore the relationship between earnings quality and capital cost. The research findings show that the higher the earnings management, the higher the capital cost, especially for the company with low capital cost. Nevertheless, for the extremely company with high capital cost, earnings management can reduce the capital cost. The research results can provide the focus of regulators of listed companies and reference for the revision of relevant accounting system.

scholarly journals Board Independence, Nomination and Remuneration Committee, and Compensation in Indonesia

2021 ◽  
Vol 25 (1) ◽  
pp. 34
Author(s):  
Puteri Alfarisa, Iman Harymawan
Keyword(s):  
Stock Exchange ◽  
Least Square ◽  
Board Independence ◽  
Opportunistic Behavior ◽  
Ordinary Least Square ◽  
Least Square Regression ◽  
Optimal Contracting ◽  
Analysis Technique ◽  
Ordinary Least Square Regression ◽  
The Relationship

This article aims to examine the relationship between independent commissioners and nomination and remuneration committee (KNR) and their interaction with directors’ compensation using companies listed on the Indonesia Stock Exchange (BEI) and ordinary least square regression analysis technique. This study found that independent commissioners negatively associated with directors' compensation which showed that companies with a higher ratio of independent commissioners provide less directors' compensation due to optimal supervision of management’s opportunistic behavior. In contrast, KNR is positively associated with directors' compensation which means that companies with KNR provide greater compensation because, according to the "optimal contracting approach", the board is assumed to design compensation schemes to provide managers with efficient incentives to maximize shareholder value. Meanwhile, the interaction between the two variables is not associated with directors' compensation because of the negating effect which shows that companies with independent commissioners and KNR do not have a tendency for directors' compensation.

scholarly journals PENGARUH KARAKTERISTIK INDIVIDU, BUDAYA ORGANISASI, DAN KOMITMEN ORGANISASI TERHADAP KINERJA KARYAWAN DENGAN MOTIVASI SEBAGAI VARIABEL MODERASI (STUDI PADA KARYAWAN INSTALASI RAWAT JALAN RSUD DR. SAIFUL ANWAR MALANG)

2016 ◽  
Vol 7 (2) ◽  
pp. 153
Author(s):  
Susi Susanti
Keyword(s):  
Organizational Culture ◽  
Organizational Commitment ◽  
Employee Performance ◽  
Individual Characteristics ◽  
Partial Least Square ◽  
Least Square ◽  
Outpatient Hospital ◽  
Individual Character ◽  
The Individual ◽  
The Relationship

This study aimed to examine the effect of the relationship of individual characteristics, organizational culture, and organizational commitment to employee performance and motivation as a moderating variable in the study of plant employees outpatient Hospital Dr. Saiful Anwar Malang. Poor This research is explanatory. Samples in this study used a sample of 113 respondents 84 employees who work on installation of outpatient Hospital Dr. Results of analysis Partial Least Square (PLS) This study shows that the individual character relationships, organizational culture, different organizational commitment remains significant positive effect on employee performance, motivation to strengthen the relationship between individual characteristics, organizational culture, and organizational commitment to employee performance.Keywords: individual characteristics, organizational culture, organizational commitment, motivation, employee performance.

scholarly journals Broadband Penetration and Economic Growth: Evidence from Nigeria

2020 ◽  
pp. 1-6
Author(s):  
S. V. Oloja ◽  
Olubokun Sanmi ◽  
O. A. Obolo ◽  
M. F. Ayinuola
Keyword(s):  
Economic Growth ◽  
Secondary Data ◽  
Least Square ◽  
Primary Data ◽  
Effective Utilization ◽  
Ordinary Least Square ◽  
The World Bank ◽  
Ordinary Least Square Regression ◽  
The Relationship ◽  
Broadband Policy

This paper investigated the relationship between broadband penetration and economic growth in Nigeria. The secondary data for the study were collected from the World Bank and this includes data on Internet broadband usage and Gross Domestic Product while the primary data were generated from the questionnaire administered to the respondents. The descriptive statistics and the ordinary least square regression analytical method were used to examine the relationship between broadband penetration and economic growth. It was discovered that a per cent increase in broadband penetration will only increase output (Economic Growth) by 0.1 per cent in Nigeria. The data analysis showed a significant and positive relationship between broadband penetration and economic growth. The study thus recommended that efforts must be made towards the implementation of broadband policy and effective utilization of the broadband network. Also, better telecommunication reforms that will create enabling environment and encourage the inflow of broadband networks should be made.

The relationship between intellectual capital and employees' productivity: evidence from the Gulf Cooperation Council

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Amina Buallay ◽  
Ala’a Adden Abuhommous ◽  
Gagan Kukreja
Keyword(s):  
Human Capital ◽  
Intellectual Capital ◽  
Value Added ◽  
Gulf Cooperation Council ◽  
Least Square ◽  
Content Type ◽  
Ordinary Least Square ◽  
Structural Capital ◽  
Capital Efficiency ◽  
The Relationship

PurposeThe purpose of this paper is to establish the relationship between intellectual capital (IC) and employees' productivity (EP) in the Gulf Cooperation Council (GCC) region.Design/methodology/approachThe value-added intellectual coefficient (VAIC) is used to measure IC performance in 198 firms listed in Saudi Arabia and Bahrain from 2012 to 2014. The pooled-corrected estimation technique is used to estimate a panel regression model with EP as the dependent variable. Firm size and sectors are controlled for in the regression analysis. The independent variable (IC) has been measured using human capital efficiency (HCE), structural capital efficiency and capital employed efficiency (CEE) in order to measure the value of IC.FindingsBased on the VAIC, the authors found that the values of IC investments are mostly generated from investments in human capital. The results of the panel-corrected ordinary least square indicate that VAIC and its individual components are positive and significantly related to variations in employees' productivity. HCE contributed the highest and CEE contributed lowest VAIC.Originality/valueThe originality of this paper is to show the importance of investment in the human capital as a key contributor of firm's performance. Hence, this study encourages firm's leaders and management in the GCC to invest and focus their management/leadership styles on human capital to achieve their goals. To the best of the knowledge of the coauthors, this is the first study which empirically examines the relationship between IC and EP in the GCC region.

scholarly journals Government or opposition? The determinants of legislative support for governors in Brazil

2018 ◽  
Author(s):  
Magna Inácio ◽  
Ernesto F. L. Amaral
Keyword(s):  
Political Competition ◽  
Least Square ◽  
Political Careers ◽  
Ordinary Least Square ◽  
Building Process ◽  
Legislative Support ◽  
Ordinary Least Square Regression ◽  
The Government ◽  
The Individual ◽  
Party Strength

This article analyzes the microfoundations of support for governors in Brazil based on a decision model in which deputies attempt to reduce their electoral risks. This model considers the effects of the individual backgrounds of legislators, party strength, and the dynamics of political competition in states. We used ordinary least square regression models to estimate the chances of a legislator to adopt an oppositional stance. The results confirm the multidimensional nature of the government-building process in Brazil. Adhesion is not only coordinated on a partisan basis, but it is also shaped by perceptions of electoral risks, as well as by expected rewards that different political careers and partisan linkages shape.

scholarly journals Multilingual and multicultural managers’ effects on team performance: insights from professional football teams

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mike Szymanski ◽  
Ilan Alon ◽  
Komal Kalra
Keyword(s):  
Team Performance ◽  
Individual Characteristics ◽  
Least Square ◽  
Data Set ◽  
Content Type ◽  
Ordinary Least Square ◽  
Multilingual Communication ◽  
Two Samples ◽  
Diverse Environment ◽  
Ordinary Least Square Regression

Purpose In this study, micro-foundations of strategy as the theoretical framework to study the effect of managers’ individual characteristics on multinational team performance are adopted. In particular, the purpose of this paper is to study managers’ multilingual communication abilities and multicultural background, and their role in, respectively, effectively reconfiguring team human assets and sensing cognitively distant opportunities and threats. Design/methodology/approach This study uses national football teams competing in national and international competitions and their coaches’ characteristics as the data set to test the theory. Using random coefficient modeling and ordinary least square regression, this paper analyzes two samples of 222 and 79 teams and found that both these characteristics contribute to team performance; however, their effects differ depending on the team environment. Findings Multicultural managers contribute positively to team performance only when the team is operating in a highly diverse environment, their effect is not statistically significant in homogeneous environments. In less diverse environments, it is the multilingual manager who can improve team performance through more efficient communication and greater effects of leadership on the team. Originality/value Managers’ characteristics such as their multicultural background and multilingual capabilities affect team performance. In particular, these effects come into play in highly diverse and international settings. Micro-foundation literature is advised to focus on the internationalization and multicultural backgrounds of managers as a precursor for organizational international performance.

scholarly journals Audit Quality, Abnormal Audit Fee and Auditor Attributes

2017 ◽  
Vol 8 (3) ◽  
pp. 973-984
Author(s):  
Ogujiofor Magnus Nkemjika ◽  
Anichebe Alphonsus Sunday ◽  
Ozuomba Chidinma Nwamaka
Keyword(s):  
Audit Quality ◽  
Sampling Technique ◽  
Auditor Independence ◽  
Least Square ◽  
Ordinary Least Square ◽  
Auditor Tenure ◽  
Audit Fee ◽  
Independent Variable ◽  
Ordinary Least Square Regression ◽  
The Relationship

The study aimed at finding the relationship between audit quality, abnormal audit fee and auditor attributes. The study employed ordinary least square regression technique to analyze the relationship between the dependent and independent variable. Samples of fourteen banks were selected using judgmental sampling technique. The results reveal the existence of positive relationship between abnormal audit fee and audit quality at 5%. Second, the influence of auditor independence on quality appears to also be positive and significant at 5%. Third, the effect of Auditor tenure on audit quality appears to be positive and insignificant at 5%. The study recommended that apex bank should ensure that all factors that hamper auditor independence should be removed unduly long auditor tenure should be discouraged to avoid over familiarity of auditor with the client.

The Impact of Competitive Quasi-Market on Service Delivery in Benue State University, Makurdi Nigeria

GIS Business ◽  
2019 ◽  
Vol 14 (4) ◽  
pp. 85-98
Author(s):  
Idoko Peter
Keyword(s):  
Service Delivery ◽  
A Priori ◽  
Least Square ◽  
Secondary Source ◽  
State University ◽  
Ordinary Least Square ◽  
Negative Effect ◽  
The Impact ◽  
The Relationship

This research the impact of competitive quasi market on service delivery in Benue State University, Makurdi Nigeria. Both primary and secondary source of data and information were used for the study and questionnaire was used to extract information from the purposively selected respondents. The population for this study is one hundred and seventy three (173) administrative staff of Benue State University selected at random. The statistical tools employed was the classical ordinary least square (OLS) and the probability value of the estimates was used to tests hypotheses of the study. The result of the study indicates that a positive relationship exist between Competitive quasi marketing in Benue State University, Makurdi Nigeria (CQM) and Transparency in the service delivery (TRSP) and the relationship is statistically significant (p<0.05). Competitive quasi marketing (CQM) has a negative effect on Observe Competence in Benue State University, Makurdi Nigeria (OBCP) and the relationship is not statistically significant (p>0.05). Competitive quasi marketing (CQM) has a positive effect on Innovation in Benue State University, Makurdi Nigeria (INVO) and the relationship is statistically significant (p<0.05) and in line with a priori expectation. This means that a unit increases in Competitive quasi marketing (CQM) will result to a corresponding increase in innovation in Benue State University, Makurdi Nigeria (INVO) by a margin of 22.5%. It was concluded that government monopoly in the provision of certain types of services has greatly affected the quality of service experience in the institution. It was recommended among others that the stakeholders in the market has to be transparent so that the system will be productive to serve the society effectively

scholarly journals Does Foreign Direct Investment Influence Renewable Energy Consumption? Empirical Evidence from South Asian Countries

Energies ◽  
2021 ◽  
Vol 14 (12) ◽  
pp. 3470
Author(s):  
Xueqing Kang ◽  
Farman Ullah Khan ◽  
Raza Ullah ◽  
Muhammad Arif ◽  
Shams Ur Rehman ◽  
...  
Keyword(s):  
Foreign Direct Investment ◽  
Renewable Energy ◽  
Sri Lanka ◽  
South Asian ◽  
Environmental Sustainability ◽  
Direct Investment ◽  
Least Square ◽  
Asian Countries ◽  
Ordinary Least Square ◽  
The Relationship

In selected South Asian countries, the study intends to investigate the relationship between urban population (UP), carbon dioxide (CO2), trade openness (TO), gross domestic product (GDP), foreign direct investment (FDI), and renewable energy (RE). Fully modified ordinary least square (FMOLS) and dynamic ordinary least square (DOLS) models for estimation were used in the study, which covered yearly data from 1990 to 2019. We used Levin–Lin–Chu, Im–Pesaran–Shin, and Fisher PP tests for the stationarity of the variables. The outcomes of the panel cointegration approach looked at whether there was a long-run equilibrium nexus between selected variables in Pakistan, Bangladesh, India, and Sri Lanka. The FMOLS approach was also used to assess the relationship, and the results suggest that there is a significant and negative nexus between FDI and renewable energy in south Asian nations. The study’s findings reveal a strong and favorable relationship between GDP and renewable energy use. In South Asian nations (Sri Lanka, Pakistan, India, and Bangladesh), the FMOLS and DOLS findings are nearly identical, but the authors used the DOLS model for robustification. According to the findings, policymakers in South Asian economies (Sri Lanka, Pakistan, India, and Bangladesh) should view GDP and FDI as fundamental policy instruments for environmental sustainability. To reduce reliance on hazardous energy sources, the government should also reassure financial sectors to participate in renewable energy.

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