scholarly journals Equity Structure, Strategic Investment Psychology, and Performance in China’s Green Economy Context

2021 ◽  
Vol 12 ◽  
Author(s):  
Li Xin Guo ◽  
Kuen-Lin Lin ◽  
Li-Ting Zhang ◽  
Chi-Fang Liu
Keyword(s):  
Corporate Governance ◽  
Negative Impact ◽  
Positive Influence ◽  
Green Economy ◽  
High Tech ◽  
Equity Structure ◽  
Strategic Investment ◽  
Sustainability Issue ◽  
Negative Effect ◽  
D Investment

This study empirically tests the impacts of equity structure on strategic investment psychology in green affairs in R&D vs. Marketing dimensions and company performance. Based on data from Chinese high-tech industry listed companies, the empirical results show that: (1) the largest shareholder’s shareholding ratio has a positive effect on marketing investment psychology and a negative impact on R&D investment psychology, (2) other large shareholders’ shareholding ratio are positive related to R&D investment psychology; (3) R&D investment psychology has a negative effect and marketing investment psychology has a positive influence on the current performance; (4) equity counterbalance is positive related to R&D investment psychology and has a negative effect on the current performance. This study contributes to the literature of corporate governance on sustainability issue by providing a new psychological perspective. The results also provide an important guidance for the corporate governance practice in green economies.

scholarly journals The role of the Sharia Supervisory Board and corporate governance mechanisms in enhancing Islamic performance – evidence from Indonesia

2018 ◽  
Vol 13 (4) ◽  
pp. 85-95
Author(s):  
Ahmad Nurkhin ◽  
Abdul Rohman ◽  
Ahmad Rofiq ◽  
Hasan Mukhibad
Keyword(s):  
Corporate Governance ◽  
Negative Impact ◽  
Positive Impact ◽  
Supervisory Board ◽  
Educational Background ◽  
Positive Influence ◽  
Islamic Banks ◽  
Income Ratio ◽  
Financing Risk ◽  
Negative Effect

This research aims to examine the correlation between the Sharia Supervisory Board (SSB) and corporate governance in terms of the performance of Islamic banks’ Profit-and-Loss Sharing (PLS) ratio, zakah performance and non-halal income ratio, and to analyze the relationship between risk and income for both PLS and murabahah financing and the PLS financing ratio. Non-halal income is a bank’s income that is not in accordance with Sharia law. The object of this research was a sample of eleven commercial Islamic banks in Indonesia. The data are collected from each bank’s annual report and corporate governance statement, for 2009–2016. This study uses the multiple regression analysis method. The results show that: The size and educational background of the SSB has a significant and positive effect on the zakah performance (Islamic tax), and has a negative effect on the ratio of non-halal income. The size and educational background of the SSB has no impact on the PLS financing ratio. Corporate governance has a significant and positive influence on the PLS financing ratio and zakah performance but has no influence on the non-halal income ratio. The mudharaba risk and PLS revenue have a positive impact on the PLS financing ratio. PLS financing risk and murabahah income have a negative impact on PLS financing ratio.

Corporate Governance, State Ownership and Firm Performance: An Empirical Study of State-Owned Enterprises in Indonesia

2018 ◽  
Vol 3 (1) ◽  
pp. 26-32
Author(s):  
Chermian Eforis
Keyword(s):  
Corporate Governance ◽  
Stock Exchange ◽  
Agency Cost ◽  
Positive Influence ◽  
Jel Classification ◽  
State Ownership ◽  
Company Performance ◽  
Return On Assets ◽  
Good Corporate Governance ◽  
Negative Effect

Objective - The purpose of this research is to determine the effect of good corporate governance (GCG) on Indonesia's SOEs and the influence of state ownership on company performance. Methodology/Technique - This study examines State Owned Enterprises in Indonesia that were listed on the Indonesia Stock Exchange between 2011 and 2015. Findings - The empirical results show that GCG and state ownership both have a positive influence on the company's financial performance (in this case, Return On Assets). However, the percentage of state ownership has a negative effect on the relationship between Good Corporate Governance and Return On Assets. Novelty - One agency cost is monitoring expenditure by the principal. Privatization is one way to improve the performance of SOEs. Privatization is believed to improve the performance of SOEs, as a result of increased supervision of the performance of SOEs in Indonesia. Type of Paper: Empirical Keywords: State Owned Enterprises; Good Corporate Governance; State Ownership; Return On Assets; Indonesia. JEL Classification: G32, H70, G34.

Corporate governance ratings and the dividend payout decisions of Australian corporate firms

2015 ◽  
Vol 11 (2) ◽  
pp. 162-178 ◽  
Author(s):  
Subba Reddy Yarram
Keyword(s):  
Corporate Governance ◽  
Random Effects ◽  
Negative Impact ◽  
Unobserved Heterogeneity ◽  
Agency Cost ◽  
Positive Influence ◽  
Governance Mechanisms ◽  
Dividend Payout ◽  
Content Type ◽  
Significant Positive Influence

Purpose – The purpose of this paper is to examine the influence of corporate governance on the dividend payout decisions of Australian firms by considering two related objectives. First, it considers the role of corporate governance ratings (CGRs) on the decision to pay or not to pay dividends. Second, it considers the influence of CGRs on the average dividend payout level of Australian firms. Design/methodology/approach – The sample consists of 413 non-financial firms included in the All Ordinaries Index for the period 2004-2009. A logit model is employed to analyse the decision to pay or omit dividends. Similarly, tobit method is employed to analyse the factors influencing the dividend payout level of Australian firms. To control for unobserved heterogeneity, this study employs random effects panel logit and panel tobit models. Findings – This study finds that CGRs have a significant positive influence on the decision to pay dividends and on the average dividend payout level of Australian firms. Similarly, the present study finds support for signalling hypothesis as profitability has a significant positive influence and a loss dummy has a significant negative influence on the dividend payout decisions of Australian firms. The study also finds support for the life cycle hypothesis as growth opportunities have a significant negative impact on the average dividend payout level of Australian firms. This study finds no conclusive evidence of the existence of dividend tax clientele in Australia. Research limitations/implications – Dividends provide a complementary governance role consistent with the “outcomes model” of the agency cost theory as proposed by La Port et al. (2000). Practical implications – The findings have implications for corporate governance policies. Principle-based governance mechanisms work as well as the rule-based governance mechanisms in an environment characterized by high levels of investor protection and well-developed stock markets. Companies that are well governed may limit the opportunities for managers to expropriate shareholders and thus governance may reduce the contracting costs associated with compensation policies. Originality/value – This is the first study that examines the influence of governance on dividend policy using the CGRs developed by the WHK Horwath/University of Newcastle. Findings are robust and account for unobserved heterogeneity as random effects panel models are employed.

scholarly journals A Study on the Impact of Linguistic Persuasive Styles on the Sales Volume of Live Streaming Products in Social E-commerce Environment

Mathematics ◽  
2021 ◽  
Vol 9 (13) ◽  
pp. 1576
Author(s):  
Hanyang Luo ◽  
Sijia Cheng ◽  
Wanhua Zhou ◽  
Sumin Yu ◽  
Xudong Lin
Keyword(s):  
Latent Dirichlet Allocation ◽  
Negative Impact ◽  
Positive Impact ◽  
Positive Influence ◽  
Purchase Behavior ◽  
Live Streaming ◽  
Sales Volume ◽  
Linguistic Style ◽  
Negative Effect ◽  
The Impact

Live-stream shopping is developing rapidly, but the sales levels of live streaming products vary by different hosts. How to increase the sales volume of live streaming products has become a problem. Consumers’ purchase behavior in live streaming is determined by some subjective factors, and the persuasiveness of linguistic style affects this subjective judgment to a certain extent. Therefore, the persuasiveness of the hosts’ linguistic style will lead to changes in consumers’ purchase intentions, which will affect the sales volume of products sold in the live streaming. Based on Hovland’s persuasion model, Aristotle’s rhetoric skills, text analysis, Latent Dirichlet Allocation (LDA) topic extraction model and grounded theory, this study divides the host’s linguistic persuasive style in the social e-commerce environment into five types: appealing to personality, appealing to logic, appealing to emotion, appealing to reward, and appealing to exaggeration. Combined with the sales volume of the product, we establish a regression model, and obtain the influence results of the host’s various linguistic persuasive styles on the sales of live streaming products. The results show that: the linguistic persuasive style of appealing to personality has the greatest positive impact on the sales volume of live broadcast products, but the linguistic style of appealing to logic has a negative impact. Interestingly, the same linguistic style has different effects for different types of products: the linguistic style of appealing to exaggeration has a negative effect on the sales volume of apparel products, but it has a positive influence on the sales volume of digital electrical products. Therefore, different linguistic styles should be used for different product types.

R&D, Liquidity Constraints, and Corporate Governance / Investitionen in FuE, Finanzierungsrestriktionen und Unternehmenssteuerung

2001 ◽  
Vol 221 (2) ◽  
Author(s):  
Alfred Haid ◽  
Jürgen Weigand
Keyword(s):  
Corporate Governance ◽  
Firm Size ◽  
Negative Impact ◽  
Liquidity Constraints ◽  
Data Set ◽  
Industrial Firms ◽  
Corporate Governance Mechanisms ◽  
Significant Negative Impact ◽  
Investment Firm ◽  
D Investment

SummaryThe paper discusses the link between financing R&D and tangible investment, firm size, and corporate governance. Mechanisms of corporate governance, such as the presence of large shareholders or stakeholders, may reduce agency and specificity problems and improve access to external finance. High ownership concentration, cross-shareholdings of industrial firms, and banks as blockholders are main features of the German system of corporate governance. This networkorientation is often seen as alleviating agency problems and providing sufficient finance for risky long-term investment such as R&D. However, no empirical evidence has been presented yet supporting this claim. Therefore, we base our empirical analysis on a panel data set of 106 large and medium-sized German companies, which reported R&D investment throughout the period 1987 to 1993. We find evidence that R&D and tangible investment of owner-controlled firms is constrained by the availability of internal and external funds. No such liquidity constraints are found for manager-controlled firms. Further, for these firms we observe a significant negative impact of firm size and market concentration on R&D investment, rejecting the Neo-Schumpeter hypotheses.

How Identity Conflict and Identity Synergy Influence Innovative Performance of Employees With Multiple Team Membership

2020 ◽  
pp. 003329412091686
Author(s):  
Hui Chen ◽  
Jie Jiao ◽  
Ning Yang ◽  
Xiao-Hua (Frank) Wang
Keyword(s):  
Negative Impact ◽  
Positive Influence ◽  
Hierarchical Regression ◽  
Identity Conflict ◽  
Team Members ◽  
Innovative Performance ◽  
Self Reflection ◽  
Negative Effect ◽  
Identity Synergy ◽  
Multiple Team Membership

Multiple team membership refers to the extent to which team members are engaged in more than one team and switch between different teams. In order to reduce cost and improve efficiency, many organizations or work units allow their employees to work in different teams simultaneously. The purpose of this study is to examine how identity conflict and identity synergy of employees with multiple team membership may influence their innovative performance. Survey data were collected from 149 Chinese employees with multiple team membership. Hierarchical regression was used to test the hypotheses. The results show that identity synergy of employees with multiple team membership has a positive influence on innovative performance, and that self-reflection partially mediates this positive effect. Identity conflict of employees with multiple team membership has a negative impact on innovative performance, and self-reflection partially mediates this negative effect. This study stresses the importance of providing identity synergy and reducing identity conflict to increase the innovative performance of employees with multiple team membership.

scholarly journals ANALISIS CORPORATE GOVERNANCE TERHADAP KINERJA PASAR

2020 ◽  
Vol 13 (1) ◽  
pp. 21-42
Author(s):  
Arie Setyo Dwi Purnomo ◽  
M Boy Singgih Gitayuda
Keyword(s):  
Corporate Governance ◽  
Positive Impact ◽  
Stock Exchange ◽  
Positive Influence ◽  
Return On Equity ◽  
Additional Information ◽  
Cultural Aspects ◽  
Negative Effect ◽  
Board Directors ◽  
Positive Effect

This study aims to examine corporate governance on market performance in banking companies. The sample in this study is banking in the Indonesia Stock Exchange for the period 2011-2019. The results showed that corporate governance has a positive effect on banking performance by using Tobin Q and return on equity (ROE). Furthermore, there is additional information from the results of this study. The number of directors and independent commissioners has a positive influence. Whereas the presence of foreign board directors has a positive impact because the expertise they have is different from that of local directors. The number of meeting activities also has a positive effect on performance because the market sees that the supervisory and controlling activities of the directors' performance are in line with the expectations of shareholders. However, the existence of female directors and doctoral-educated directors has a negative effect because the socio-cultural aspects of Indonesian society are still patriarchal and the level of education does not always have the competencies and abilities needed

scholarly journals Sprawność fizyczna warszawskiej młodzieży gimnazjalnej

2015 ◽  
Vol 13 (3) ◽  
pp. 67-84
Author(s):  
Joanna Nieczuja-Dwojacka ◽  
Joanna Grzelak ◽  
Anna Siniarska ◽  
Kamila Chwaścińska
Keyword(s):  
Physical Activity ◽  
Grip Strength ◽  
Negative Impact ◽  
Negative Influence ◽  
Positive Influence ◽  
Economic Conditions ◽  
Stepwise Multiple Regression ◽  
Five Factors ◽  
Small Influence ◽  
Negative Effect

The aim of project was to estimate relationship between physical activity, socio-economic conditions and BMI in sample of youth. A group consisted of 177 youth aged 14-16 years from two Warsaw junior high schools. The research included questionnaire information (socio-economic condition, lifestyle), measurements and tests of strength, agility, endurance, flexibility, and reaction time. To determinate the relationship between fitness and five factors stepwise multiple regression was used. The results showed that higher stress level had negative influence on grip strength of hand and agility of shuttle run. Exposure to smoking had a negative impact on result in grip strength of hand, endurance, and explosive power of the lower extremities. The number of people in family had negative effect on grip strength of hand, however lifestyle had a positive influence on number of sit-ups (abdominal muscular strength and endurance). In case of youth characterized by lower BMI category, weaker handgrip and increased spine flexibility were observed. Socio-economic conditions mentioned above had small influence on physical activity

scholarly journals DIRECTIONS OF THE TRANSITION OF THE MILITARY-INDUSTRIAL COMPLEX AND THE ARMED FORCES OF UKRAINE TO THE "GREEN" MODEL OF DEVELOPMENT

2017 ◽  
Vol 19 (2(64)) ◽  
pp. 147-156
Author(s):  
L.E. Kupinets ◽  
T.S. Obniavko
Keyword(s):  
Negative Impact ◽  
Armed Forces ◽  
Green Economy ◽  
High Tech ◽  
Industrial Complex ◽  
Green Technologies ◽  
Military Equipment ◽  
Military Industrial Complex ◽  
Green Model ◽  
The Military

The place of Ukraine's territory and its military-economic potential in the accumulation in the European region of a large number of troops, naval forces, military equipment and armaments, powerful enterprises, institutions and organizations of defense purposes, which have a negative impact on the environment are determined; �ontaminated and continues to be contaminated the main components of the environment: soil, surface and groundwater, atmosphere air. The basic principles of internal policy in the field of national security and defense are indicated. The transition of the military-industrial complex and the Armed Forces of Ukraine to the "green" model of development is substantiated. The role of the military-industrial complex in the environmental pollution is proved. It is shown that the domestic defense industry has some scientific, technical and production capabilities to create competitive armament and military equipment, but significantly behind in the implementation of environmental standards and ecology-oriented technology and is not a leader in the new global transition to the "green" economy and the "green" growth. It is proved that in the course of reforming the military-industrial complex, its reconversion, the destruction of outdated ammunition, wastes of military production and military products, and in the event of non-compliance with environmental requirements, should expect the deterioration of the ecological state of the territory. Considered the main innovational directions, which provide an increase of the degree of ecologization of the military economy and form a technological "green" jump in the specified sphere of activity: introduction of alternative types of energy into the activities of defense enterprises and army units; creation of weapons based on "green" technologies, using of "smart" clothing. Substantiated the prospects of further researches, which consists in defining the goals, objectives, principles, directions and approaches of ecologization of the military-industrial complex and the Armed Forces of Ukraine, assessment and classification of eco-friendly technologies, development of high-tech competitive industries, rational re-engineering of the military-industrial complex, development of mechanisms and tools for the ecologically oriented development and transition to the "green" technological model.

scholarly journals What is the impact of corporate governance on the food industry at different thresholds of internationalization? A review

2021 ◽  
Vol 67 (No. 1) ◽  
pp. 21-32
Author(s):  
Chun-Hsin Chou ◽  
Joe-Ming Lee ◽  
Teng Ying-Maw ◽  
Hsiu-Ling Lee
Keyword(s):  
Corporate Governance ◽  
Business Performance ◽  
Food Industry ◽  
Negative Impact ◽  
Threshold Effect ◽  
Negative Influence ◽  
Positive Influence ◽  
Financial Policy ◽  
Dynamic Effects ◽  
The Impact

This research analyzes the dynamic effects of corporate governance, research and development (R&D) innovation, and financial policy on firm business performance under different internationalization threshold structures in Taiwan's food industry during the 2008–2019 period. The results illustrate R&D innovation's negative impact on business performance and the collateralization ratio by directors also has a negative influence. Conversely, the findings reveal that by considering the internationalization threshold effect, at a level of high internationalization, firms have positive influences on R&D innovation, and financial policy has a positive influence on business performance.

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