Clute Institute: Journals
Not a member yet
9714 research outputs found
Sort by
The Performance Of Undiversified Portfolio In Indonesia Stock Exchange
Get PDFThis research is aimed to analyze the diversification practice among domestic retail investors at the Indonesia Stock Exchange (IDX) and its portfolio performance. An individual domestic investor at IDX holds 4.3 stocks on average with the median two stocks. This is far from the minimum number of stocks required for the diversification purpose. But, this finding is in line with the findings of Goetzmann & Kumar (2008), Kelly (1995), and Polkovnichenko (2005). For the performance, without considering risk, minimum diversification with five stocks or fewer and moderate diversification with six to ten stocks in the portfolios tend to be better than the extensive diversification. However, when risk is taken into account, the undiversified portfolios do not outperform the extensive diversification
Supervisors’ Toxicity As Predictor Of Subordinates’ Counter-Productive Work Behavior In Nigerian Public Hospitals
Get PDFThe purpose of this study is to empirically examine the association of Supervisors’ Toxicity and Subordinates’ Counter-productive Work-behaviour in the Nigerian Public Hospitals. Counter-productive Work -behaviour (criterion variable) is further operationalized using five measures – abuse, production deviation, sabotage, theft, and withdrawal. The cross-sectional survey design is adopted and data is generated using the structured questionnaire. 197 respondents comprising doctors, nursing staff, lab technicians and other administrative staff selected from an accessible population of 402 staff provided responses to the questions. A total of five hypotheses are proposed and tested using descriptive and inferential statistical tools. Results indicate significant relationships in all hypothetical instances, thereby implying an association between Supervisors’ Toxicity and Subordinates’ Counter-productive Work- behavior. The study therefore concludes that Subordinates are quick to reciprocate Supervisors’ Toxicity through Counter-productive Work- behavior of transferring aggression to either peers or other identifiable assets of the organization. The study further recommends a more emotionally oriented approach to the management of superior-subordinate relationships with emphasis on the training and retraining of supervisors regarding emotional intelligence as well as conflict and human relations issues
Driving Toward Certainty In UCC Financing Statements: Why Alternative A In The 2010 Amendments To UCC § 9-503(a)(4) Is The Best Rule For Listing Individual Debtor Names
Get PDFIn 2010, the sponsors of the Uniform Commercial Code (“UCC”) approved certain amendments (the “2010 Amendments”) to UCC Article 9, which deals with secured transactions. Chief among the 2010 Amendments was a change to § 9-503(a)(4), which concerns how the names of individual debtors are to be listed on UCC financing statements that creditors file to perfect their security interests in a debtor’s collateral for a secured loan. Prior to the 2010 Amendments, which became effective in most U.S. States in July 2013, parties to secured transactions were sometimes uncertain as to how a particular individual debtor’s name was required to be listed under § 9-503(a)(4). That uncertainty, in turn, occasionally resulted in a creditor failing to receive a security interest it had bargained for—and thought it had gotten. To remedy those problems, the 2010 Amendments included two alternative amendments to the individual-debtor-name rule under § 9-503(a)(4)—“Alternative A” and “Alternative B”—and left it to each State to decide which alternative to enact. This Article discusses why Alternative A (which requires an individual debtor’s name on a financing statement to match the name on his or her driver’s license) provides the best way to remove the ambiguities that existed under the prior version of § 9-503(a)(4). The Article further explains how sub-rules within Alternative B essentially repeat the same vague standard for listing individual debtor names that existed under the “old” rule, and why Alternative B therefore perpetuates the very risks to creditors who make secured loans to individuals that the 2010 Amendments were intended to eliminate. The Article argues that, if and when such risks under Alternative B begin to cause harm to secured creditors, lawmakers in States that have adopted Alternative B (as well as the UCC’s sponsors themselves) should consider a switch to Alternative A. In the meantime, the Article offers suggestions as to how secured parties can better protect against those risks when filing financing statements, or searching for previously-filed financing statements, against individual debtors in Alternative B jurisdictions
Do Buyer's Supporting Efforts For Sub-Supplier Make Prime Supplier's Performance Better?
Get PDFIt is widely accepted that capable suppliers do important role for buyer's competitiveness in today's business environment. Moreover, not only the importance of supplier development but also the importance of sub-supplier development has been emphasized. This study examines how buyer's efforts of supporting sub-supplier development impacts on performance of prime supplier. The study results show that while buyer's effort of monitoring and information sharing to sub-suppliers improve the performance of prime supplier, buyer's effort of knowledge sharing do not improve prime supplier's performance.
Radio Frequency Identification (RFID) Technology: Gaining A Competitive Value Through Cloud Computing
Get PDFRadio Frequency Identification (RFID) uses radio waves to track the movement of goods through the Supply Chain system. The identity of an object is captured with a unique serial number that is transmitted wirelessly to a computer system. Small businesses are facing RFID implementation barriers. The barriers range from the perspective of the consumer-goods manufacturers and retail organizations. We propose implementing RFID technology using cloud computing framework to alleviate or reduce the implementation cost which is the most prevalent barrier.
Interrelationship Among School Characteristics, Parental Involvement, And Children’s Characteristics In Predicting Children’s Victimization By Peers: Comparison Between The United States And Three Eastern Asia Countries
Get PDFTo identify ways that national culture, school characteristics, and individual attributes impact the victimization of students in Grade 8, data from the United States and three East Asian countries (i.e., Japan, S. Korea, and Taiwan) were compared using the 2011 Trends in International Mathematics and Science Study (TIMSS) and Hierarchical Liner Modeling (HLM). The school-level factors measured by school size, school resources, and perceived behavioral problems on campus did not predict middle school students’ victimization in the United States, but significant positive parental involvement and negative school resources were found to impact the victimization of students in the East Asian countries. Regarding the effects of the student-level variables, boys, in comparison to girls and students showing less attachment to the schools, were more victimized in U.S. and East Asian schools. Individual students’ perceived parental monitoring was a significant and positive predictor of students’ victimization in the East Asian schools only. The standard test scores in mathematics were not predictive of victimization in U.S. and East Asian participants. The results indicated that understanding the ecological factors involved in victimization is important to intervene effectively, protect students, and prevent peer victimization on campus.
Editors Note: Creating Engaging Abstracts For The Journal Of Astronomy & Earth Sciences Education
Get PDFThe crafting of journal article abstracts is a consistent weakness among authors across many disciplines. Far too many abstracts serve as brief “teasers” and fail to comprehensively provide a summary of the research. Abstracts that result in the largest number of article citations are those that follow a simple writing formula that starts with a broad description of the field and highlights what is as yet unsatisfactorily examined in the existing literature. The middle section provides the research question, a description of the study-participants, and the research methods used. Finally, desirable, comprehensive abstracts that present a summary of the paper include illustrative results and a short statement of evidence-based conclusions
Stock Picking Techniques: The Practice Of Applied Money Managers
Get PDFThis study examines the diverse methods practitioners of money management use in order to choose stock investments. The authors discover they use discounted cash flow, multiples, balance sheet approaches. Additionally, they consider industry forces such as demographics and psychographics
Foreign Direct Investments In Bangladesh: Some Recent Trends And Implications
Get PDFFor many developing nations, Foreign Direct Investment (FDI) has been viewed as a powerful instrument for economic development. In particular, FDI has become a major source of capital formation and an instrument for facilitating knowledge transfer. Expansion of FDI has led countries to build physical capital, increase employment, trade, and gross domestic product, and consequently helped to eradicate poverty. Using secondary data for Bangladesh, this paper investigates the effect of FDI on some major economic indicators of growth and examines the functional relationship between FDI and indicators
Net Operating Working Capital, Capital Budgeting, And Cash Budgets: A Teaching Example
Get PDFMany introductory finance texts present information on the capital budgeting process, including estimation of project cash flows. Typically, estimation of project cash flows begins with a calculation of net income. Getting from net income to cash flows requires accounting for non-cash items such as depreciation. Also important is the effect of changes in net operating working capital on cash flow. While students readily understand how to account for depreciation when calculating cash flow, they typically have much more difficulty understanding how and why changes in working capital affect cash flows. This paper develops a teaching example to show exactly how and why changes in net operating working capital affect cash flows. The example shows how to derive operating cash flows for a proposed project using the accrual accounting method and then shows a cash budget for the same project. Finally, the example shows that the discrepancy between the cash flows shown in the cash budget and the operating cash flows can be resolved by accounting for changes in working capital. A survey of students in an MBA managerial finance course indicates student satisfaction with the teaching example and gives evidence that students prefer the teaching example to explanations of the effect of working capital on project cash flows given in the assigned text