scholarly journals An Empirical Study on the Stock Price Volatility of Small and Medium Enterprise Board in China

2017 ◽  
Vol 8 (2) ◽  
pp. 12
Author(s):  
Qishui Chi ◽  
Jieyi Huo
Keyword(s):  
Capital Market ◽  
Stock Prices ◽  
Stock Price ◽  
Small And Medium Enterprises ◽  
Supply And Demand ◽  
Price Volatility ◽  
Long Run ◽  
Medium Enterprise ◽  
The Government ◽  
Medium Enterprises

This article utilizes structural change method to examine the fluctuation characteristics of stock prices of China’s small and medium enterprises. This study indicates that time series of Chinese small and medium-sized enterprises stock prices are not characterized by mean reversion. Therefore, the policy bailouts in the market including the rescue package of the government in June 2015 are ineffective because they are offset by other factors. The long-run growth of stock prices depends on the supply and demand situation in capital market as well as the growth of national economy but has no connection with the policy bailouts.

Znaczenie czynników behawioralnych w podejmowaniu decyzji inwestycyjnych na rynku kapitałowym

2016 ◽  
pp. 173-183
Author(s):  
Mirosław Wasilewski ◽  
Marta Juszczyk
Keyword(s):  
Capital Market ◽  
Stock Prices ◽  
Stock Price ◽  
Investment Decisions ◽  
Price Volatility ◽  
Decision Making Process ◽  
Emotional States ◽  
Psychological Conditions ◽  
History Of ◽  
Research Show

The aim of the study was to investigate the investors’ opinions concerning the usefulness of behavioral factors for investment decisions. The research was carried out in the group of 100 investors, using the services of five brokerages with a long history of operation. The results of the research show that people’s psychological conditions and sentiment in the stock market play an important role in the decision-making process of investors in the capital market. The importance of this factor increased with the length of the investment period. The emotional states of people and their psychological conditions affect the stock price volatility. However, the complexity of the determinants of stock prices makes the market value of stocks can be affected by many factors at the same time and investors seem aware of this.

scholarly journals COVID-19 Pandemic and Micro, Small and Medium Enterprises (MSMEs): Policy Response for Revival

2020 ◽  
Vol 47 (3) ◽  
pp. 213-228
Author(s):  
Minaketan Behera ◽  
Sanghamitra Mishra ◽  
Niharika Mohapatra ◽  
Alok Ranjan Behera
Keyword(s):  
Small And Medium Enterprises ◽  
Economic Activities ◽  
Fiscal Stimulus ◽  
Indian Economy ◽  
Long Run ◽  
Market Linkage ◽  
The Government ◽  
Medium Enterprises ◽  
High Degree ◽  
The Relationship

The outburst of COVID-19 has not only distressed the economic and social activities of Indian economy but also the world economy as a whole. Out of different economic activities, the micro, small and medium Enterprises (MSMEs) affected a lot. This article attempts to measure the contribution of MSMEs towards Indian economy and also attempts to find out the challenges and problems in pre- and during COVID period. We have used different descriptive statistics to measure the impacts of MSMEs and also use of correlation and co-integration to measure the relationship among the variables such as number of MSMEs, investment amount, employment and output. This pandemic is an exceptional shock for MSMEs. It is evident that there is a high degree of significant positive correlation among the variables. Johansen’s co-integration analysis resulted in the rejection of the null hypothesis signifying the existence of long-run co-integrating relationship. Given the extensive COVID-19 chaos, the government needs to establish an ongoing monitoring system and declare urgent relief steps to improve the MSMEs sector’s confidence. E-market linkage for MSMEs should be promoted, and fiscal stimulus should increase for this sector. The Government of India should take various measures to improve Indian MSMEs and achieve the vision of Self-reliant India.

scholarly journals The Effect of Corporate Social Responsibility (CSR) on Increasing the Competitiveness of Small and Medium Enterprises (SMEs) in OKU Timur, Indonesia

2020 ◽  
Vol 4 (03) ◽  
Author(s):  
Helisia Margahana
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Price Competition ◽  
Small And Medium Enterprises ◽  
Survey Method ◽  
Environmental Orientation ◽  
Long Run ◽  
The Government ◽  
Medium Enterprises ◽  
Corporate Social

The purpose of this study is to determine whether Corporate Social Responsibility (CSR) affects the Competitiveness of Small and Medium Enterprises (SMEs). The population in this study are consumers who use e- commerce media in the South Sumatra area. The sample in this study was 200 respondents who were random samples from the Small and Medium Enterprises in South Sumatra. This study uses a survey method to see the amount of influence caused by the independent variables on the dependent variable. The independent variable examined in this study is the Corporate Social Responsibility (CSR) variable. The dependent variable in this study is the Competitiveness of Small and Medium Enterprises (SMEs). Based on the results of the study it can be seen that Corporate Social Responsibility (CSR) affects the Competitiveness of Small and Medium Enterprises (SMEs). So it can be concluded that if a business or business follows the regulations of the government, runs it and implements it based on predetermined factors, including work orientation factors, market orientation factors, and environmental orientation factors, then the business will be better known by the stakeholders and will be more competitive in the long run. Therefore SMEs must continue to consult with the government regarding CSR activities, which factors of CSR are most beneficial for all parties in business activities. SMEs must also focus on factors of price competition and competitive advantage to improve the image of SMEs and enhance competitiveness. Corporate Social Responsibility (CSR), Competitiveness, SMEs

scholarly journals China venture market overview

2019 ◽  
Vol 27 (4) ◽  
pp. 753-760
Author(s):  
Marina S. Reshetnikova
Keyword(s):  
Capital Market ◽  
Small And Medium Enterprises ◽  
Scaling Up ◽  
Chinese Economy ◽  
High Tech ◽  
Stage Of Development ◽  
Current State ◽  
New Development ◽  
The Government ◽  
Medium Enterprises

Today the Chinese economy has rapidly begun the transition to a new stage of development. Its basis is high-tech production and national breakthrough technologies. This process happens due to the transformation of the government strategy in the direction of scaling up innovation through the inclusion of small and medium enterprises. China has been able to raise venture investments for its new development plan. However, since 2016, the rapid growth of the Chinese venture market has raised many concerns. The purpose of the study was to analyze and assess the current state of China's venture capital market. The research proved that, despite signs of overheating, it is still premature to talk about the formation of a “bubble” in the Chinese venture market. The article concludes with a discussion that China is transforming itself again and that the next wave of innovation and private entrepreneurship will be the wave of the future, with substantial global consequences.

scholarly journals Analysis of the Participation of Micro, Small, and Medium Enterprises (MSMEs) Taxpayers in Utilizing Tax Incentives Affected by the COVID-19 Pandemic

2021 ◽  
Vol 5 (1) ◽  
pp. 71
Author(s):  
Imam Agus Faisol ◽  
Tito IM. Rahman Hakim
Keyword(s):  
Small And Medium Enterprises ◽  
Financial Burden ◽  
Value Added ◽  
Tax Incentives ◽  
Incentive Scheme ◽  
Tax Incentive ◽  
Medium Enterprise ◽  
The Government ◽  
Medium Enterprises ◽  
Depth Interviews

This study aims to assess the effectiveness of the COVID-19 tax incentives that the government has issued. It focused on Micro, Small, and Medium Enterprises (MSMEs) taxpayers to participate in COVID-19 tax incentives. Using a qualitative method, this study used in-depth interviews with 2 informants who were a tax consultant and a small-medium enterprise accountant. The findings show that the effectiveness of the COVID-19 tax incentive is still lacking, and it is in line with the participation of MSMEs that is still low in utilizing tax incentives. The low participation of MSMEs in utilizing tax incentives can be seen from the data, which shows that after 5 months of running the program, out of around 2.3 million MSMEs, only 200,000 have taken advantage of this facility. The tax consultant states that the scheme that has been implemented in mitigating the financial burden of MSMEs is not effective for the object of incentives in not substantial. The informant suggests incentives to cover value-added tax also. The government is expected to create a new and better incentive scheme. The new incentive scheme is also to provide an equilibrium of responsibility for both government and society. This paper contributes theoretically by examining new types of tax incentives, namely COVID-19 tax incentives, and helping policymakers make better tax incentive schemes in the future.

scholarly journals IMPLEMENTATION OF LEGAL PROTECTION BY THE GOVERNMENT IN ORDER TO EMPOWERMENT OF MICRO SMALL MEDIUM ENTERPRISE TO REALIZE THE JUSTICE ECONOMY (Research Study: The Office of Cooperative and Micro Small and Medium Enterprise Province of Central Java)

2019 ◽  
Vol 4 (1) ◽  
pp. 105
Author(s):  
Raden Ani Eko Wahyuni ◽  
Darminto Hartono
Keyword(s):  
Research Study ◽  
Small And Medium Enterprises ◽  
Legal Protection ◽  
Economic Democracy ◽  
Central Java ◽  
Medium Enterprise ◽  
The Government ◽  
Medium Enterprises ◽  
Role Of The Government

Micro, Small and Medium Enterprises try to grow and develop their business in order to build a national economy based on equitable economic democracy. The position of MSMEs is very important in economic development It is very important to do protection. Protection of MSMEs is assistance and support made by the government towards MSMEs. Protection in legal action, assistance in the production process to marketing and support in terms of capital. There is a debate that is found is how to issue law by the government in empowering MSMEs to realize equitable economic prosperity.The research in this paper used a normative juridical research method. The approach used in this study is socio legal approach which the law is conceptualized as a set of regulation that is valid in the society and the validity will be affected by other factors.This study intends to measure the extent of the role of the government and what efforts are being made especially by regional governments, in this case the Central Java Provincial Office of Cooperatives and SMEs in implementing legal protection in empowering MSMEs to realize economic welfare. 

scholarly journals STRATEGI PEMBERDAYAAN UMKM JATIM DALAM MENGHADAPI MASA PANDEMI

2021 ◽  
Vol 3 (2) ◽  
pp. 77
Author(s):  
Diana Rapitasari ◽  
Soehardi Soehardi
Keyword(s):  
Economic Growth ◽  
Poverty Alleviation ◽  
Development Process ◽  
Small And Medium Enterprises ◽  
Supply And Demand ◽  
Critical Role ◽  
Provincial Government ◽  
National Economic ◽  
The Government ◽  
Medium Enterprises

Following the COVID-19 pandemic, Micro, Small, and Medium Enterprises (MSMEs) play a critical role in supporting national economic growth. The MSME sector has been particularly hard hit by the COVID-19 pandemic, which has disrupted supply and demand as well as supply chains, causing the economy's wheels to grind to a halt at the MSME level. MSMEs must be supported by the government and other stakeholders in order to grow and develop. The goal of empowering MSMEs is to achieve a balanced, developing, and equitable national economic structure, as well as to boost regional development, job creation, income distribution, economic growth, and poverty alleviation. The East Java Provincial Government has developed a policy as a strategy for empowering MSMEs in East Java, so that MSMEs are not disrupted in their development process during the pandemic.Keywords : strategy, MSME empowerment, pandemic

scholarly journals Peran Pemerintah Dalam Pembinaan Usaha Kecil Menengah Di Kabupaten Enrekang

2017 ◽  
Vol 3 (1) ◽  
pp. 01
Author(s):  
Devi Chandra Nirwana ◽  
Muhammadiah Muhammadiah ◽  
Muhajirah Hasanuddin
Keyword(s):  
Case Studies ◽  
Small And Medium Enterprises ◽  
Role Of Government ◽  
Small And Medium Enterprise ◽  
Medium Enterprise ◽  
The Government ◽  
Medium Enterprises

The study aims to know the role of government in the development of small and medium enterprises in the district of Enrekang. The kind of research that is used which is a qualitative with the type case studies. Source used in this study as many as nine people. Techniques of collecting the data used in research, the observation, interviews, and documentation. The results of this study hows that the goverment of Enrekang’s role is a facilitator, regulator, and catalyst. Measures taken by the government of Enrekang, it’s very helpful community in improving small and medium enterprise, there were some communities that have been able to grow its business, but the government of Enrekang still need to further improve the development of the business.Keyword: role, the goverment,  the founding UMKM      Penelitian ini bertujuan untuk mengetahui peran pemerintah dalam pembinaan usaha kecil menengah dikabupaten enrekang.Jenis penelitian yang digunakan  yaitu kualitatif dengan tipe studi kasus. Informan yang digunakan dalam penelitian ini sebanyak sembilan orang.Teknik pengumpulan data yang digunakan dalam penelitian ini yaitu observasi, wawancara, dan dokumentasi.Hasil penelitian ini menunjukan bahwa pemerintah kabupaten enrekang sudah menjalakan perannya yaitu sebagai fasilitator, regulator dan katalisator.Tindakan yang dilakukan oleh pemerintah kabupaten Enrekang, sudah sangat membantu masyarakat dalam meningkatkan usaha kecil menengah,sudah ada beberapa masyarakat yang sudah mampu mengembangkan usahanya, tapi pemerintah kabupaten Enrekang masih perlu untuk lebih meningkatkan pembinaan kepada pelaku usaha.Kata kunci: peran, pemerintah, pembinaan UMKM 

Under-Informed Policy Interventions and Long-Run Damage to Industrialization  (An Analysis of the Aatmanirbhar Bharat Abhyaan)

2021 ◽  
Author(s):  
Mehak Majeed ◽  
Saeed Owais Mushtaq ◽  
Javaid Iqbal Khan
Keyword(s):  
Small And Medium Enterprises ◽  
Economic Incentives ◽  
Policy Recommendation ◽  
Annual Survey ◽  
Policy Interventions ◽  
Long Run ◽  
The Face ◽  
Industrialization Process ◽  
The Government ◽  
Medium Enterprises

Abstract The Covid-19 pandemic came as a major shock to the economies around the world. To buy some time in order to plan, execute and implement measures to prevent and face the pandemic around 50 nations across globe implemented lockdown. India announced the spring lockdown in March 2020. Given the agile healthcare system, huge population and under-development the nation had to extend the lockdown. One of the worst hit sectors because of the lockdown were the Micro, Small and Medium enterprises (MSMEs). The sector looked forward for economic incentives and packages from the government. In June 2020 the ‘Aatmanirbhar Bharat Abhyaan’ (self-sufficient India campaign) was launched. The paper using the Annual Survey of Industries data examines in detail how the package was not sufficient to meet the needs and expectations of the MSMEs sector. The paper establishes that the MSMEs sector is the face of industrialization process in India. We argue that the package failed to address the actual problems in the sector and instead came up with the policies that may well deteriorate the sector further and harm the overall industrialization process. The major policy recommendation established by the research is strong and honest leadership relying on quadruple-loop learning model.

scholarly journals IMPLEMENTATION OF LEGAL PROTECTION BY THE GOVERNMENT IN ORDER TO EMPOWERMENT OF MICRO SMALL MEDIUM ENTERPRISE TO REALIZE THE JUSTICE ECONOMY (Research Study: The Office of Cooperative and Micro Small and Medium Enterprise Province of Central Java)

2019 ◽  
Vol 4 (1) ◽  
pp. 388
Author(s):  
Raden Ani Eko Wahyuni ◽  
Darminto Hartono
Keyword(s):  
Research Study ◽  
Small And Medium Enterprises ◽  
Legal Protection ◽  
Economic Democracy ◽  
Central Java ◽  
Medium Enterprise ◽  
The Government ◽  
Medium Enterprises ◽  
Role Of The Government

Micro, Small and Medium Enterprises try to grow and develop their business in order to build a national economy based on equitable economic democracy. The position of MSMEs is very important in economic development It is very important to do protection. Protection of MSMEs is assistance and support made by the government towards MSMEs. Protection in legal action, assistance in the production process to marketing and support in terms of capital. There is a debate that is found is how to issue law by the government in empowering MSMEs to realize equitable economic prosperity.The research in this paper used a normative juridical research method. The approach used in this study is socio legal approach which the law is conceptualized as a set of regulation that is valid in the society and the validity will be affected by other factors.This study intends to measure the extent of the role of the government and what efforts are being made especially by regional governments, in this case the Central Java Provincial Office of Cooperatives and SMEs in implementing legal protection in empowering MSMEs to realize economic welfare.Keywords: MSMEs, Legal Protection, Economic Welfare. 

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