scholarly journals Cost of corruption and efficiency in employment of firms: The case in Vietnam

Accounting ◽  
2021 ◽  
pp. 609-614
Author(s):  
Vu Cam Nhung ◽  
Lai Cao Mai Phuong

This paper examines the impact of corruption on employers' efficiency in Vietnamese firms. The Generalized Least Square (GLS) estimation method was used for data sets surveyed for Vietnamese firms in 63 localities. The research results show that the unofficial costs in the industry and the total informal costs accounting for 10% or more of revenue will negatively affect the labor efficiency of these enterprises. For costs related to administrative procedures, businesses accept to pay these fees in order to save waiting time and it contributes to increase the efficiency of employers in businesses. In addition to the corruption factor, the study also shows that the number of employees, the location of operation, the average value of fixed assets per employee and the return on equity also affect the efficiency of use. employees in Vietnamese enterprises.

Radiocarbon ◽  
2012 ◽  
Vol 54 (3-4) ◽  
pp. 449-474 ◽  
Author(s):  
Sturt W Manning ◽  
Bernd Kromer

The debate over the dating of the Santorini (Thera) volcanic eruption has seen sustained efforts to criticize or challenge the radiocarbon dating of this time horizon. We consider some of the relevant areas of possible movement in the14C dating—and, in particular, any plausible mechanisms to support as late (most recent) a date as possible. First, we report and analyze data investigating the scale of apparent possible14C offsets (growing season related) in the Aegean-Anatolia-east Mediterranean region (excluding the southern Levant and especially pre-modern, pre-dam Egypt, which is a distinct case), and find no evidence for more than very small possible offsets from several cases. This topic is thus not an explanation for current differences in dating in the Aegean and at best provides only a few years of latitude. Second, we consider some aspects of the accuracy and precision of14C dating with respect to the Santorini case. While the existing data appear robust, we nonetheless speculate that examination of the frequency distribution of the14C data on short-lived samples from the volcanic destruction level at Akrotiri on Santorini (Thera) may indicate that the average value of the overall data sets is not necessarily the most appropriate14C age to use for dating this time horizon. We note the recent paper of Soter (2011), which suggests that in such a volcanic context some (small) age increment may be possible from diffuse CO2emissions (the effect is hypothetical at this stage and hasnotbeen observed in the field), and that "if short-lived samples from the same stratigraphic horizon yield a wide range of14C ages, the lower values may be the least altered by old CO2." In this context, it might be argued that a substantive “low” grouping of14C ages observable within the overall14C data sets on short-lived samples from the Thera volcanic destruction level centered about 3326–3328 BP is perhaps more representative of the contemporary atmospheric14C age (without any volcanic CO2contamination). This is a subjective argument (since, in statistical terms, the existing studies using the weighted average remain valid) that looks to support as late a date as reasonable from the14C data. The impact of employing this revised14C age is discussed. In general, a late 17th century BC date range is found (to remain) to be most likelyeven ifsuch a late-dating strategy is followed—a late 17th century BC date range is thus a robust finding from the14C evidence even allowing for various possible variation factors. However, the possibility of a mid-16th century BC date (within ∼1593–1530 cal BC) is increased when compared against previous analyses if the Santorini data are considered in isolation.


ETIKONOMI ◽  
2017 ◽  
Vol 16 (1) ◽  
pp. 71-80 ◽  
Author(s):  
Bambang Sutrisno

This study aims to examine the effect of macroeconomic variables on sectoral indices in the Indonesian Stock Exchange. The difference in sensitiveness among sectors is an interesting issue to investigate this relationship in an emerging market, such as Indonesia. This study employs ordinary least square (OLS) as an estimation method with monthly time-series data from January 2005 to December 2014. The results document that the interest rate, inflation rate, and exchange rate simultaneously have a significant effect on sectoral indices in Indonesia. The interest rate partially shows a significant negative influence on all sectors except basic industry and chemical, finance, infrastructure, utilities, and transportation, and miscellaneous industry sectors. The inflation rate partially has no significant effect on all sectors. The exchange rate partially has a significant negative impact on all industries.DOI: 10.15408/etk.v16i1.4323


Author(s):  
Puadi Haming ◽  
Mahfud Nurnajamuddin ◽  
Hamzah Hafied ◽  
Serlin Serang

<div><p><em>This study aims to examine and analyze the impact of work attitude, Total Productive Maintenance (TPM) on the Overall Equipment Effectiveness (OEE) and production continuity and the other effect of Work Attitude and Total Productive Maintenance (TPM) on production continuity: The mediating role of Overall Equipment Effectiveness (OEE). The research was conducted at PT. Semen Tonasa i.e. units II to V unit which is the largest cement producer in eastern Indonesia. Withdrawal of respondents did with the criteria that only respondents yang having their respective sectors and who have work experience of at least one year were used as samples. Results of analysis Partial Least Square (PLS) Version 2.0.M3 used in analyzing the contribution of exogenous variables on endogenous variables directly, Sobel Test was used for pushing analyze the contribution of the indirect effect (mediation) whereas importance- performance analysis (IPA) to analogous interpret the relationship loading factor value and the average value. The results of this study provide evidence of work attitude has a positive and significant effect on the overall equipment effectiveness (OEE), total productive maintenance (TPM) has a positive and  significant effect on overall equipment effectiveness (OEE), work attitude, total productive maintenance (TPM) and overall equipment effectiveness (OEE) positive and significant impact on production continuity.</em></p></div>


Author(s):  
Dang Van Cuong

The paper examines the impact of credits to private sector and foreign direct investment (FDI) flows on the economic growth of ASEAN countries in the period 1995-2017. The paper also validates the capital spread of FDI inflows to economic growth through credits to private sector. Using fixed effect estimation method (FEM), random effect (REM) and generalized least square (GLS) for panel data, we found that FDI inflows are positvely correlated with the economic growth of the ASEAN countries. This once again confirms the role of FDI in promoting the economic growth as evidenced in previous studies. Meanwhile, credits to private sector exert a negative impact on the economic growth in these countries which is an interesting finding given that few studies yield a similar result. To assess the spillover effect of FDI to growth through credits to private sector, we augment our model with a variable that reflects the interaction between credits to private sector and FDI. This variable is negative and statistically significant, suggesting that FDI is yet to show its positive impact on growth through spreading capital to credits to privatte sector.


Mathematics ◽  
2021 ◽  
Vol 9 (21) ◽  
pp. 2673
Author(s):  
Chonghuan Xu ◽  
Dongsheng Liu ◽  
Xinyao Mei

The advent of mobile scenario-based consumption popularizes and gradually maturates the application of point of interest (POI) recommendation services based on geographical location. However, the insufficient fusion of heterogeneous data in the current POI recommendation services leads to poor recommendation quality. In this paper, we propose a novel hybrid POI recommendation model (NHRM) based on user characteristics and spatial-temporal factors to enhance the recommendation effect. The proposed model contains three sub-models. The first model considers user preferences, forgetting characteristics, user influence, and trajectories. The second model studies the impact of the correlation between the locations of POIs and calculates the check-in probability of POI with the two-dimensional kernel density estimation method. The third model analyzes the influence of category of POI. Consequently, the above results were combined and top-K POIs were recommended to target users. The experimental results on Yelp and Meituan data sets showed that the recommendation performance of our method is superior to some other methods, and the problems of cold-start and data sparsity are alleviated to a certain extent.


2015 ◽  
Vol 26 (02) ◽  
pp. 1550017 ◽  
Author(s):  
Y. Jin ◽  
J. B. Dong ◽  
X. Li ◽  
Y. Wu

It is hard to experimentally or analytically derive the hydraulic tortuosity (τ) of porous media flow because of their complex microstructures. In this work, we propose a kinematical measurement method for τ by introducing the concept of local tortuosity, which is defined as the ratio of fluid particle velocity to its component along the macro flow. And then, the calculation model of τ is analytically deduced in terms of that τ is the mean value of the local tortuosity. To avoid the impact from the singularity of local tortuosity, the velocity is normalized, and τ is then approximated by the ratio of the mean normalized velocity to the average value of its component along the macro-flow direction. The new estimation method is verified by flow through different types of porous media via the lattice Boltzmann method, and the relationships between permeabilities and tortuosities obtained by different methods are examined. The numerical results show that tortuosity by the novel approach is in good agreement with the existing theory, and the kinematic definition of hydraulic tortuosity is also proven.


2020 ◽  
Vol 5 (2) ◽  
pp. 200-210
Author(s):  
Arif Budhiyanto ◽  
Fifi Swandari ◽  
Sufi Jikrillah

Abstract The aim of this research is to examine and analyse the impact of activity ratio with fixed assets turnover, total assets turnover, and working capital turnover on profitability ratio with return on assets and return on equity as the measurement standart. The objects of this research were Food and Beverages Industries listed at BEI in 2015-2018 period. According to the above objectives, six hypotheses have been formulated. The samples in this research were taken by “sampling jenuh” method using certain criteria to be fulfilled. This research used 16 samples, which one of them did not fulfill the criteria, two of them have negatif financial report and three of them have not continue published financial report. To solve the problem, this research used multiple regression analysis processed by SPSS 16.0. The result of the research showed that fixed assets turnover, total assets turnover and working capital turnover had impacts on return on assets in the first equation. In the second equation fixed assets turnover and working capital turnover had impact on return on equity. Meanwhile, total asset turnover did not have impact on return on equity in second equation.   Keywords: Fixed assets turnover, Total assets turnover, Working capital turnover Return on assets, Return on equity


Author(s):  
Sardar SH. Ibrahim

Purpose: This study studies the effect of capital structure on the performance of some Iraqi private banks. Six banks based in Iraq namely: Babylon Bank, Investment Bank, Credit Bank, Commercial Bank, Sharq Al-Awsat Bank, and Baghdad Bank were selected for the present study over the period 2005 to 2015. Methodology: Annual reports of these banks were studied and relevant ratios were calculated. The variables that were identified as independent for capital structure were total debt to capital, bank size and asset growth, while return on assets and return on equity were considered to be dependent variables for bank performance. The panel Least Square model has been used to examine the impact of capital structure on bank performance. Findings:  Outcomes indicate that none of the independent variables has a significant impact on return on assets (ROA), while total debt to capital (TDC) has a positive impact on return on equity (ROE). Reduction: Depending on this result, Iraqi banks should keep sufficient amount of capital to avoid any financial risks and increase the probability of survival.


Author(s):  
J. O. Odia

The chapter examines the determinants and financial statement effect s of IFRS adoption in Nigeria. It also investigate into the impact of effect of the adoption of IFRS on accounting figures and ratios in the financial statements of 50 companies quoted in the Nigerian Stock Exchange. The determinants considered include firm's characteristics (firm size, operating cash flow, leverage, turnover, growth in turnover, profitability, liquidity and earnings quality) and corporate governance variables (board size, board independence and audit type). The data were obtained from the annual reports of companies listed in the Nigerian Stock Exchange between 2011 and 2013 and was analyzed using the ordinary least square (OLS) and logistic regression which were used to test for determinants of IFRS adoption while the independent t-test was used to examine the financial statement effects. With regard to the determinants, the empirical result indicates only profitability and earnings quality have significant but negative association with IFRS adoption. Moreover, IFRS adoption has significant effect on the return on equity.


2020 ◽  
Vol 7 (3) ◽  
pp. 563
Author(s):  
Nurul Laili Rahmawati ◽  
Puji Sucia Sukmaningrum

This study aims to determine the Impact of Systematic Risk and Corporate Performance on Stock Returns: Evidence on the Islamic Stock Market. The population in this study is all companies listed on the Jakarta Islamic Index (JII) for the 2014-2018 period partially and simultaneously. This research uses quantitative data. The analysis technique used panel data regression analysis. The samples used in this study were 17 companies listed on the Jakarta Islamic Index with a purposive sampling technique. The results of the study based on the Ordinary Least Square model estimation showed that partially the Beta variable has a positive and significant effect, the Return on Equity (ROE) variable has positive and not significant effect, while the Earning Per Share (EPS) variable, Debt to Equity Ratio (DER), and Current Ratio (CR) has negative and not significant effect on the stock returns of companies listed on the Jakarta Islamic Index. While simultaneous variable Beta shares, Earning Per Share (EPS), Return On Equity (ROE), Debt to Equity Ratio (DER), and Current Ratio (CR) are not significant to the stock returns of companies listed on the Jakarta Islamic Index 2014- 2018.Keywords: Systematic Risk, Corporate Performance, Jakarta Islamic Index


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