scholarly journals Do ESG metrics reflect crisis resilience of equities during the COVID-19 pandemic?

2021 ◽  
Vol 8 (4) ◽  
pp. 371-388
Author(s):  
Fanni Dudás ◽  
Helena Naffa
Keyword(s):  
Linear Regression ◽  
Important Variable ◽  
Crisis Period ◽  
Shapley Decomposition ◽  
Empirical Tests

We examine the role of ESG metrics in explaining crisis resilience during the COVID-19 pandemic. ESG refers to Environmental, Social, and Governance aspects of companies, collectively known as ESG factors, and has gained popularity in investments. Our empirical tests cover a database of 971 company members of the MSCI World Index and examine the COVID Crisis period from February 2020 – May 2020. We performed linear regression and Owen-Shapley decomposition in our study, like the literature. Our results show that ESG is not an “equity vaccine” but is a statistically significant and economically important variable in explaining returns during the pandemic. Our findings highlight the increasing importance of sustainability aspects in finance and in investing.

Public and Private Net Savings in Developing Countries: Some Empirical Tests for the Period 1972-88 (Distinguishedl Lecture)

1992 ◽  
Vol 31 (4I) ◽  
pp. 431-447
Author(s):  
Peter A. Cornelisse ◽  
Elma Van De Mortel
Keyword(s):  
Public Debt ◽  
World Economy ◽  
Socioeconomic Development ◽  
Critical Size ◽  
Public And Private ◽  
Critical Dimensions ◽  
The Public ◽  
Empirical Tests ◽  
Financial Issues

The severe shocks that rocked the world economy in the 1970s and the ensuing efforts to adjust and to renew economic growth have had a profound effect on the economic literature. Especially the external and public debt problems which reached critical dimensions in many countries attracted much attention. Thus, in the field of macroeconomics financial issues have gained more prominence over the last two decades. Studies relating to the fiscal deficit have been particularly numerous. The critical size of national public debts, the contribution of the public debt to external debt, the reduced confidence in the state as the guide in socioeconomic development and the role of fiscal policy in adjustment processes are among the main reasons for this increased interest.

The Role of Group Work in Classroom Second Language Acquisition

1985 ◽  
Vol 7 (2) ◽  
pp. 233-248 ◽  
Author(s):  
Teresa Pica ◽  
Catherine Doughty
Keyword(s):  
Second Language ◽  
Second Language Acquisition ◽  
Language Acquisition ◽  
Group Work ◽  
Classroom Interaction ◽  
Empirical Support ◽  
Important Variable ◽  
Classroom Organization ◽  
Interaction Task

The shift in language classroom organization from teacher-fronted to student group work has received a growing amount of theoretical and empirical support (cf. Long, 1983; Long, Adams, McLean, and Castanos, 1976; Taylor, 1982). However, this practice is becoming so popular that it is in danger of turning into yet another ESL bandwagon. The following study was conducted, therefore, to evaluate the role of group work in the classroom, specifically in regard to its possible effects on classroom second language acquisition. Comparisons were made of three ESL classrooms during group vs. teacher-fronted classroom interaction on decision-making tasks.Analysis focused on three broad categories: (1) grammaticality of input, (2) negotiation of input, and (3) individual input/production. Significant differences between the two participation patterns were indicated only in the increased amount of input and production for individual students during group interaction. Task, rather than participation pattern was shown to be a more important variable with regard to parameters (1) and (2). These results suggested that group work has a useful but somewhat restricted role in classroom second language acquisition.

Analisa Faktor Internal Penyebab NPL Kredit Mikro: Studi Kasus PT BPR Wahana Sentra Artha Majalengka

2018 ◽  
Vol 1 (1) ◽  
pp. 49-60
Author(s):  
Faisal Salistia
Keyword(s):  
Linear Regression ◽  
Research Method ◽  
Standard Procedure ◽  
Economic Conditions ◽  
Survey Method ◽  
Business Units ◽  
Internal Condition ◽  
Regression Approach ◽  
Credit Analysis

The role of BPRs in providing capital assistance to MSME business units, still has to deal with the internal management of the bank's own management.  This must be understood because  one of  the factors  to assess  the health  of  a  BPR is to look at the NPL (Non- Performing Loan) ratio, calculated from the total loans that fall into the non -current category, divided by the total credit given. Where is the maximum ratio determined by Bank Indonesia, which is below 5%. This means that if  a BPR has an NPL ratio above 5%, then it can be assumed that there is a failure in implementing an inefficient and ineffective lending strategy. Therefore, it is necessary to examine the factors that influence the high NPL of rural banks (BPR), especially  from  credit  lending  strategies.  In  addition,  economic conditions  and business competition and forecasting of future conditions, conduct training for AO to sharpen credit analysis, ensure that the process of submission and disbursement of credit quickly and easily provides various alternative options for debtors to pay their credit, providing standard procedure for  granting credit, conducting  a  survey of  the place of  business against the submission of business credit. The research objective is to analyze 1) the influence of BP's internal conditions on the lending strategy. 2) Analyzing the effect of Credit Giving Strategy  on Non -Performing Loans. The research method uses a survey method with a multiple linear  regression approach to obtain information on the influence of both of these. The results of the study show that 1) the internal condition of the BPR has a positive and significant effect on the lending strategy (the condition  of the organization  within the organization and formally has direct and specific implications on BPR). 2) that the lending strategy has a negative and significant effect on NPL. The lending strategy applied by BPRs is a means to control the development of credit thrown into the market by the BPR.

Managers ability and investment dynamics during the global financial crisis: an emerging market context

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Rehana Naheed ◽  
Bushra Sarwar ◽  
Rukhsana Naheed
Keyword(s):  
Global Financial Crisis ◽  
Stock Exchange ◽  
Emerging Market ◽  
Investment Policy ◽  
Managerial Ability ◽  
Content Type ◽  
Crisis Period ◽  
Managerial Talent ◽  
The Impact

Purpose Many scholars have developed several theories and empirics to study issues related to investment policy. However, there are still some unexplored issues in the field of finance that require further analysis and investigation, particularly in the corporate governance literature such as the role of managerial talent in the firms. This study investigated the impact of managerial ability on investment decisions of the firms. Design/methodology/approach The study first uses firm efficiency and managerial ability by using data envelope analysis (DEA) proposed by Demerjian, Lev and McVay, 2012. Data is collected for the firms listed in Shenzhen and Shanghai stock exchange for an emerging market of China during the crisis period with 1,640 number of observations. Findings The study reveals that the presence of more managerial talent in a firm is significant for the strategic decisions of the firms. Findings follow a resource-based view and identify that more talented managers help the firms in the acquisition of resources specifically during financial distress. The study subdivides the firms based on: ownership structures and financial constraints. Results generated from propensity score matching imply that the role of high-talented managers is significantly different from that of low-talented managers. Originality/value The study reveals managerial ability as a determinant of investment policy. To the researchers’ best knowledge, none of the previous studies have been conducted in emerging market literature during the crisis period.

scholarly journals Impact of Entrepreneurial Education on Entrepreneurial Intentions of Pakistani Students

2015 ◽  
Vol 2 (1) ◽  
pp. 43 ◽  
Author(s):  
Altaf Hussain ◽  
Dr. Norashidah
Keyword(s):  
Business Students ◽  
Entrepreneurial Intention ◽  
Important Variable ◽  
Entrepreneurial Intentions ◽  
Theoretical Knowledge ◽  
Network Development ◽  
Entrepreneurial Education ◽  
Entrepreneurship Research ◽  
Study Results

Why an individual prefer to become an entrepreneur and what factor motivated his intentions for becoming an entrepreneur is considered important question in entrepreneurship research. Entrepreneurial education is considered an important variable which effect on entrepreneurial intentions. However, empirical research results on entrepreneurial education and entrepreneurial intention yielded mixed results. To investigate further this question from developing countries perspective, this paper looks at the role of entrepreneurial education in developing the entrepreneurial intentions for becoming entrepreneur. The sample for this study composed of final year business students from Pakistan. The result of this study supports the entrepreneurial intentions model based on the theory of planned behavior. The results further suggested significant influence of entrepreneurial education on entrepreneurial intentions of the students. Moreover, this study results also showed that theoretical knowledge of entrepreneurship (know-what) and knowledge of social network development (know-who) component are vital for imparting entrepreneurial education.

scholarly journals Peranan Kompetensi Dalam Meningkatkan Kinerja Karyawan PT. Summit Oto Finance

MBIA ◽  
2019 ◽  
Vol 18 (2) ◽  
pp. 43-51
Author(s):  
Shandra Bahasoan
Keyword(s):  
Linear Regression ◽  
Multiple Linear Regression ◽  
Significant Influence ◽  
Employee Performance ◽  
Self Concept ◽  
Research Approach ◽  
Test Results ◽  
Quantitative Descriptive ◽  
Descriptive Method

The study was conducted aimed at knowing the role of competencies, namely knowledge, skills and self-concept in improving the performance of employees of PT. Summit Oto Finance, with a sample of 54 people . The method used in this study using questionnaires, interviews and documentation. Research approach by using quantitative descriptive method by analyzing Multiple Linear Regression to measure the performance of employees of PT. Summit Oto Finance. The results of this study simultaneously independent competency variables consisting of knowledge, skills and self-concept have a positive and significant influence on the dependent variable,namely employee performance. From the test results the correlation of the influence of competencies on employee performance is 94.1 percent while 5.9 percent is influenced by other factors. Dominant competencies affect the performance of employees of PT. Summit Oto Finance is a skill.

scholarly journals The Role Of English For Banking Subject In Language And English Literature Study Program Faculty Of Language And Arts

2021 ◽  
Vol 1 (2) ◽  
Author(s):  
A C Mamentu
Keyword(s):  
Regression Analysis ◽  
Linear Regression ◽  
English Literature ◽  
Linear Regression Analysis ◽  
Literature Study ◽  
Study Program ◽  
The Subject

English for Banking subject is offered to the students as an optional subject. This subject is offered to the students in order to anticipate the alumni that will be accepted in the banking related jobs. The aim of this research was to identify the role of English for Banking subject toward students’ readiness in work fields. This research used qulitative method and linear regression analysis with sixteen students as total respondents who are the student of the fourth semester of Language and English Literature Study Program Faculty of Language and Arts UNIMA. The result of this research was the English for Banking has positive influential toward students’ readiness to enter the banking realted job. The subject is suggested to be given in the Language and English Literature Study Program. This shows that the role of English for Banking subject is recommeded as an obligatory subject and not only as an optional subject.Keywords: English for Banking, Role of English

scholarly journals The Capacity of Feeling Loved

2020 ◽  
Vol 4 (1) ◽  
pp. 1
Author(s):  
Edwin Adrianta Surijah
Keyword(s):  
Life Satisfaction ◽  
Linear Regression ◽  
Positive Affect ◽  
Rating Scale ◽  
Human Life ◽  
Interactive Effect ◽  
Likert Scale ◽  
Actor Partner Interdependence Model

Love is an indispensable part of human life, and this study specifically investigated the expression of feeling loved. This study aims to explore the association between couples’ feeling loved and different components of wellbeing. We constructed a continuous rating scale to measure couples’ feeling loved and its contribution toward life satisfaction and positive affect. There were 252 couples participated in this study. To examine the measurement’s consistency, this study compared the continuous rating scale of feeling loved with its Likert scale and rating scale counterpart. This study also investigated the role of feeling loved towards the scores of positive affect and life satisfaction as the components of wellbeing. Actor partner interdependence model and linear regression results showed that feeling loved was positively contributed to life satisfaction and positive affect; however, there was no significant interactive effect within partner. This study suggested feeling loved influenced wellbeing, although other predictors may play more prominent roles in determining wellbeing. Keywords: love, feeling loved, wellbeing

scholarly journals PENGARUH REVIU RKA-K/L OLEH APIP TERHADAP EFISIENSI ALOKASI ANGGARAN KEMENTERIAN AGAMA

2019 ◽  
Vol 1 (1) ◽  
pp. 12
Author(s):  
Edy Effendi ◽  
Muhammad Imron
Keyword(s):  
Linear Regression ◽  
Simple Linear Regression ◽  
Independent Variables ◽  
Dependent Variables ◽  
Before And After ◽  
The Impact ◽  
The Relationship ◽  
Positive Effect

Research on the role of the APIP review of the Ministry/agency Work Plan and Budget document to determine the impact on the efficiency of ministry/agency spending (case study at the Ministry of Religion). The method used in this study uses simple linear regression with dummy. The use of linear regression is used to examine the relationship between independent variables (certain types of expenditure) and dependent variables (total expenditure). Whereas, dummy is used to find out before and after the APIP review is done. Throughout the author's search, this research has never been done. Based on the results of linear regression obtained, the APIP review significantly had a positive effect on official travel expenditure and honorarium but did not significantly affect building spending and equipment. Abstrak   Penelitian atas peran reviu APIP atas dokumen Rencana Kerja dan Anggaran Kementerian Negara/Lembaga untuk mengetahui dampaknya terhadap efisiensi belanja kementerian/lembaga (studi kasus pada Kementerian Agama). Metode yang digunakan dalam penelitian ini menggunakan regresi linier sederhana dengan dummy. Penggunaan regresi liner digunakan untuk meneliti hubungan antara variable independen (jenis belanja tertentu) dan variable dependen (total belanja). Sedangkan, dummy digunakan untuk mengetahui sebelum dan setelah reviu APIP dilakukan. Sepanjang penelusuran penulis, penelitian ini belum pernah dilakukan. Berdasarkan hasil regresi linier diperoleh, reviu APIP signifikan berpengaruh positif terhadap  belanja perjalanan dinas dan honorarium tetapi tidak signifikan berbengaruh terhadap belanja gedung dan alat.

The Importance of Race in Juvenile Commitment in the New Jersey Family Court

2016 ◽  
Vol 63 (3) ◽  
pp. 353-372 ◽  
Author(s):  
David Holleran ◽  
Bruce D. Stout
Keyword(s):  
New Jersey ◽  
Information Gain ◽  
Class Imbalance ◽  
Important Variable ◽  
Family Court ◽  
Misclassification Error ◽  
The Family ◽  
Dependent Variables ◽  
Imbalanced Classes

In this study, we examine how important juvenile race and other factors are in juvenile commitment classification in the New Jersey Family Court. Data from the Family Court in New Jersey for the year 2010 comprise the population. Given the class imbalance in the dependent variable, we employ balanced random forest (RF). Variable importance plots and an information gain summary are used to assess the role of the juvenile’s race and other variables for classes of the dependent variable. The results from balanced RF indicate that the juvenile’s delinquency history and the offense seriousness make the most important contributions to commitment to juvenile state incarceration. The juvenile’s race makes a very weak contribution to commitment; in fact, when the balanced RF was rerun with the juvenile’s race omitted, the estimated misclassification error slightly dropped for commitments. Balanced RF is an attractive procedure for handling dependent variables with highly imbalanced classes. The juvenile’s adjudication history and offense seriousness emerged as the most important variables to state incarceration. The race of the juvenile was not an important variable with respect to commitment.

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