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Corporate Social Responsibility Disclosure Quality and Quantity and Its Effect on Firm Value in Ghana
Get PDFThis study investigates the nature of Corporate Social Responsibility Disclosure (CSRD), the location of CSRD in annual reports, and identifies sectors that disclose more CSRD information among listed firms in Ghana. The study also investigated the quality and quantity of CSRD with its consequence in terms of quality and quantity of the impact on firm value. The study sampled 33 listed firms over 10 years, from 2011 to 2020. Data were analyzed using descriptive statistics, correlation analysis, and panel regression analysis. The results of the study showed the weak relationship between the quality and quantity of CSRD. Regarding the nature of CSRD, community information was disclosed more often than any other category of information was. In addition, this research study demonstrated that a separate section for CSRD information was much preferred. Further, the financial sector disclosed more CSRD information than any of the other sectors did. On the consequences of CSRD, the results showed no significant impact of CSRD on firm value in terms of either quality or quantity of CSRD. The results suggest that investors in Ghana do not pay attention to the quality and quantity of firms’ CSRD in making their investment decisions
Impact of Academic Self-Efficacy on Entrepreneurial Intention of Faculty of Sport Sciences' Students: Bayburt University
Get PDFThis study aimed to determine the academic self-efficacy and entrepreneurial levels of the students studying in the faculties of sport sciences, to define the factors affecting these characteristics and to determine their impacts. In this study, the Entrepreneurial Scale for University Students and the Academic Self-Efficacy Scale were applied to 372 students studying at the faculty of. sport sciences. According to analysis results of the data obtained, it has been determined that the entrepreneurial levels of the students participating in the research are high. Entrepreneurial levels of male students are higher. than female students. Positive relationships were found with respect to the age variable in the dimensions of entrepreneurship and cognitive practices. BPT (Basic Proficiency Test) score has positive significant relations with entrepreneurship, cognitive practices and technical skills and CGPA has positive significant relations with academic self-efficacy scale sub-dimensions. As the work experience period of the students increased, the acquired level of entrepreneurship also increased. Moreover, as their academic self-efficacy increased, their entrepreneurial intentions also increased. The results obtained include empirical evidence that academic self-efficacy has a statistically significant. and positive impact on entrepreneurial intention. Therefore, higher education institutions should focus on improving the academic performance of students studying in undergraduate, associate and graduate education in order to increase their intention to create new job opportunities. Since this study only includes the opinions of the students of the faculty of sport sciences, it is recommended to expand the sample group and investigate the effect of different variables on entrepreneurial intention
Forecasting the Oil Volatility Index Using Factors of Uncertainty
Get PDFThe oil volatility index (OVX) has attracted the attention of investors, as oil prices have been subject to high degrees of variation in the last few decades, and investors would therefore benefit from obtaining accurate forecasts of OVX. In this paper, we aim to develop models that can accurately generate OVX forecasts. The contribution of our study to the literature lies in the incorporation of different factors that reflect uncertainty as potential drivers of OVX. For example, implied volatility (IV) indices, such as the VIX and GVZ are examined. Apart from the inclusion of IV indices, we investigate whether other uncertainty indicators play a significant role in generating OVX forecasts. Our results show that the predictive ability of the models is not enhanced by the inclusion of most of the aforementioned factors of uncertainty, with the single exception of the U.S. economic policy uncertainty index, which seems to improve the forecasting ability of a simple model that focuses on the OVX as a target variable
A Simple Macro-Fiscal Model for Policy Analysis: An Application to Cambodia
Get PDFMacroeconomic management in many developing countries is often heavily dependent on fiscal policies. This paper develops a semi-structural macro-fiscal model for simulating and forecasting macroeconomic policies in Cambodia. The model is calibrated to capture key characteristics of Cambodia’s economy and serves as a tool for scenario analysis. We demonstrate its application with an illustrative scenario of the macroeconomic effects of the Covid-19 pandemic. The model’s results conform with past empirical analyses of the Cambodian economy and generate intuitive and easy-to-understand policy scenarios. Complemented with near-term forecasting tools and expert judgment, the dynamics of the model help to inform policymakers about medium-term transmission channels and thus guide policy advice. In particular, the results could serve as an input for the country’s medium-term fiscal framework and debt sustainability analysis
The Significance of Foreign Direct Investment Registered Projects and Employment Creation in the Sectors of Ghana’s Economy
Get PDFThe flow of foreign direct investment (FDI) into the Ghanaian economy has contributed significantly to the various sectors. This study seeks to assess the impact of registered investment (FDI and domestic) projects on employment generation in the agriculture, building & construction, manufacturing, and service sectors. The data for this study was obtained from the Ghana Investment Promotion Centre (GIPC) for the period 2001 to 2018. The Kwiatkowski-Phillips-Schmidt-Shin (KPSS) test showed a unit root existence in the time series. The regression results show no significant impact of registered investment projects on the agriculture and manufacturing sectors at a 5% significance level. Our findings also indicated that employment creation through registered investment projects has no effect on the manufacturing industry. The outcome also revealed that the service sector benefits more from FDI than the other sectors. It is recommended that the government boost these non-performing sectors with incentives to attract more investors
The Current Status of Secondary School Teacher’s Perception of Happiness in Nam Dinh Province during the Implementation Period of the 2018 General Education Program
Get PDFIn the current context of a major revolution in the Vietnamese education system, teachers’ perception of happiness makes an important criterion in evaluating effectiveness of the changes made to educational programs. The initial investigation of the positive effects of this renovation was conducted on the scale of Nam Dinh province and the results show multidimensional sources of information. In addition to positive information, there is still information that raises many questions for leaders to pay attention to. The outcome of the investigation suggests the evaluation of “The job is meaningful” is 3.10 out of 5 points, which is the lowest in assessment criteria. Meanwhile, the rates for “Completely disbelieve” and “Slightly disbelieve” in happiness of their profession in the future take up a large proportion (24.4%). However, other criteria namely “Being satisfied with current position” and “Feeling motivated with the job” received higher evaluation scores, respectively 4.05/5 points and 4.11/5 points. Via the results of the research, the author is looking forward to appropriate actions taken by the Ministry of Education and Training of Vietnam with a view to enhancing the perception of happiness among teachers
Financial Exclusion and Poverty Reduction in Benin
Get PDFBy analyzing factors related to the various constraints faced by unbanked individuals, this study explores the determinants associated with individuals without access to common financial services in Benin. It also examines the impact of the lack of access to financial services on poverty using the World Bank’s Global Findex database for 2011, 2014, and 2017. Using a probit model, we found a positive and significant relationship between financial exclusion and lack of documentation, expensive financial services, distance from financial institutions, and lack of trust in financial institutions. Moreover, individual characteristics, such as age, education level, religion, gender, and employment status are significantly associated with financial exclusion. Using a Heckman sample selection model, we show that financial exclusion in Benin has a positive and significant effect on poverty. These results are vindicated using propensity score matching (PSM) for robustness checks
Valorization of Garlic Peel as a Potential Ingredient for the Development of ValueAdded Rice Based Snack Product Pukhelein
Get PDFThe present study was designed to develop and evaluate the nutritional, functional, sensory properties and texture profile data of garlic peel powder fortified viz. 2%, 5% and 10% value added pukhelein and compared with control sample. Garlic peel showed crude fiber, carbohydrate and ash content viz. 60.57%, 21.71% and 16.34%, total phenolic content (TPC) of 108.79 µg/ml GAE, total flavonoid content (TFC) of 33.27 mg Quercetin/ml and antioxidant activity (33.38 mg/ml) respectively. 5% formulation exhibited the highest crude fiber, protein content, TPC (326.6 µg/ml GAE), TFC (91.38 mg Quercetin/ml) and total antioxidant content (54.68 µg/ml).Sensory evaluation data showed good result in 5% formulation in terms of appearance, texture and taste. Texture profile analysis showed that a considerable decrease in hardness, springiness, cohesiveness, gumminess and chewiness and resilience. The outcome of the study revealed that 5% garlic peel powder fortified pukhelein exhibited the best result among all formulations
The Effectiveness of the Problem-Solving Strategy in Enhancing the Academic Achievement of Islamic Studies Students at a Saudi College
Get PDFRecently, there has been a shift from teacher- to student-centered teaching paradigms, which have proven to lead to better learning outcomes. However, teaching in the Islamic Studies Department at Ad-Dilam College of Education, Prince Sattam Bin Abdulaziz University, Saudi Arabia, is currently mainly lecture-oriented. This is attributable to the nature of Islamic courses, which conventionally focus on lecturing on the part of teachers and memorization on the part of students. This study has explored the effectiveness of a student-centered teaching strategy, the problem-solving strategy, in enhancing the academic achievement of Islamic Studies students at Ad-Dilam College of Education. One group of students (N = 22) was taught a unit in the Special Teaching Methods Course using the problem-solving strategy. Another group (N = 20) was taught the same unit using conventional lecture-oriented teaching. An author-developed achievement test was used to compare the performance of the two groups after the intervention. Means, standard deviations, and independent samples t-tests revealed that the problem-solving classroom significantly outperformed the lecture-oriented classroom in skills, values, and total achievement. Both groups achieved comparable gains in the knowledge dimension of achievement, thus the difference between the groups in knowledge was not significant. Classroom observation during the intervention revealed that students in the problem-solving classroom were more enthusiastic and interacted more actively during classes. Based on the findings, implications are drawn and recommendations offered
Leveraging Student Engagement through MS Teams at an Open and Distance E-learning Institution
Get PDFThe current paper reports on a study that was conducted at the University of South Africa (UNISA) in 2021. The study involved three cohorts of undergraduate students (n = 20, n = 12 and n = 18), where each cohort participated in one of the virtual sessions offered on MS Teams as part of their modules’ virtual classes. Employing a case study research design, the study used the interactions students had on MS Teams through messages in each session to determine how such messages served as indicators of student engagement. Four student engagement dimensions, namely emotional, behavioral, cognitive and academic engagement, were the focus of this study. Two of the findings of this study are: (a) only few students dominated the messages posted during the three live virtual sessions; and (b) cognitive and emotional engagement dimensions were the two predominant dimensions of student engagement. The paper ends with the implications and recommendations