11 research outputs found
Determinants of related and unrelated corporate diversification and impact on performance of Malaysian listed companies
Corporate diversification is a strategy enabling corporations to expand their core business into other businesses. In Malaysia, corporate diversification continued to be a fundamental organisational structure, where 2/3 of Malaysian firms are diversified. However, when compared to developed countries, such as the US and UK, firms are moving towards non-diversification. The research objectives are to analyse the impact of corporate diversification, related and unrelated diversification on firm's financial performance and to measure ownership concentration, free cash flow and growth opportunities on firm’s financial performance. The study is based on the population framework consisting of all the public listed companies (PLC) listed on the Bursa Malaysia from 2007 to 2012. A dynamic panel model System Generalized Method of Moments (GMM) was used to analyse the diversification and firm performance theory. The research provides answers to close the literature gaps, by using Entropy and relatedness, which reflected more on the actual degree of diversification better than those conventionally used dummy variable methods that were unable to explain the degree of the diversification. The empirical finding which showed diversified is better than non-diversified firms which take into consideration the quadratic relationship between diversification and firm performance (ROA) using entropy Index and relatedness. The researcher further reported that not enough evidence has showed that related or unrelated diversification brings negative effect to firm financial performance or quadratic effect in corporate diversification.
The researcher did not have enough evidence to support that ownership structure (family ownership (FO) or government ownership (GO) and free cash flow (FCF) have any effect on firm performance, and there is also not enough evidence to support the moderation effect of ownership structure and free cash flow (FCF) toward corporate diversification and firm financial performance. However, in growth opportunity, the researcher did find out that growth opportunity does bring negative effect to firm performance. The reason may be due to some agency issues related to empire building and tunnelling effect. Besides that, growth opportunity also has positive moderate effect on corporate diversification and firm performance significant at 1% level. The more the firm has the growth opportunity, the more the firm will do diversification. In the end, this causes the negative effect in corporate performance. As per control variables, size and crisis are positively correlated with the firm financial performance as significant at 10 % and 5% level. The future research should begin to explore on market concentration of the firm in the industries by using Herfindahl-Hirschman index (HHI) to measure corporate diversification and firm performance in the market concentration basic
A Brave Heart
主演:葉漢新、梁賡堯、馬玉英、馬次文、陳若鴻、陳嘉芙、韋伯益、麥嘯霞、張婉姿、李玲歡、容寶鈿、張婉慧、劉希文、余文利、劉靜儀、馬劍蘭、陳素珊、盧修、黃劍龍Cast: Yip Hon Sun, Leung Gang Yiu, Ma Yuk Ying, Ma Chi Man, Chan Yeuk Hung, Chan Ka Fu, Wai Pak Yik, Mak Siu Ha, Cheung Yuen Chi, Lee Ling Foon, Yung Bo Tin, Cheung Yuen Wai, Lau Hei Man, Yu Man Lei, Lau Zing Yi, Ma Kim Lan, Chan So Shan, Lu Xiu, Wong Kim Lung香港婦女新運會主辦:中國閨秀青年戲劇慈善會第一次義演。一月四號伍號兩晚在太平戲院開演《虎膽蓮心》麥嘯霞、容易義編;上海妹、陳皮妹、麥嘯霞導演;主演:葉漢新、梁賡堯、馬玉英、馬次文、陳若鴻、陳嘉芙、韋伯益、麥嘯霞、張婉姿、李玲歡、容寶鈿、張婉慧、劉希文、余文利、劉靜儀、馬劍蘭、陳素珊、盧修、黃劍龍(以出場先後為序
Tourism in Times of Crisis and Post-Crisis: A Model to Understand Tourists' Post-Pandemic Travel Intentions
The COVID-19 pandemic has had a profound effect on tourists' travel plans. Whilst the relationship between perceived risk and tourists' decisions and behaviours concerning COVID-19 is already an established research area in tourism studies, the dynamics of post-pandemic travel intentions and how they are influenced by travel motivation, destination safety and the notion of revenge tourism received very little attention. Therefore, this study proposes a model linking revenge tourism, destination safety, and travel motivations, leading to post-pandemic travel intentions. Furthermore, this research note lays a foundation for future research that can guide towards understanding tourists' travel intentions in times of crisis, similar to the COVID-19 pandemic
Role of Green Technology, Environmental Taxes, and Green Energy Towards Sustainable Environment: Insights from Sovereign Nordic Countries by CS-ARDL Approach
Monograph on adolescence and crime prevention in the ESCAP region
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), in collaboration with the United Nations Asia and Far East Institute for the Prevention of Crime and the Treatment of Offenders (UNAFEI), convened from 3 to 10 August 1989 at UNAFEI Headquarters, Fuchu, Tokyo, the Expert Group Meeting on Adolescence and Crime Prevention in the ESCAP Region. That meeting was the second in a series of ESCAP/UNAFEI-sponsored regional forums on youth and crime prevention initiated in 1985. The report of that meeting was submitted as the Asian and Pacific region’s input to the Eighth United Nations Congress on the Prevention of Crime and the Treatment of Offenders, which was held at Havana from 27 August to 7 September 1990.
Twenty-one experts in the fields of social development and criminal justice administration participated in the 1989 meeting. In pursuance of General Assembly resolution 40/35 on the development of standards for the prevention of juvenile delinquency, the deliberations at the meeting analysed the situation of juveniles at social risk, and policies and practices for the prevention of youth crime within the context of social and economic development. The meeting also adopted a number of recommendations on the prevention of delinquency and crime among young people.
This publication contains two regional studies prepared by resource persons for that meeting and 18 country papers presented by the participants. The regional studies and the country papers served as a basis for discussions at the meeting.Government of JapanCONTENTS
Page
Preface ........................................................................................................ iii
Effects of the Social Environment on Juvenile Offences ...................... 1
by Mr. Hira Singh
Patterns of Juvenile Offence ..................................................................... 17
by Mr. Kunichiro Horiuchi
Adolescence and Crime Prevention in Bangladesh ............................... 21
by Ms. Salma Chowdhury
Adolescence and Crime Prevention in Hong Kong .............................. 28
by Mr. Y.F. Hui
Patterns of Juvenile Offence and Prevention in Hong Kong ............. 36
by Ms. Miranda Lai-foon Chung Chan
Adolescence and Crime Prevention in India ......................................... 50
by Mr. J.S. Badhan
Juvenile Delinquency in Japan ................................................................. 59
by Mr. Joji Yoshihara
Juvenile Offence and Juvenile Delinquents in Japan ............................. 98
by Mr. Yutaka Sawata
Recent Trends of Juvenile Delinquency and Its Characteristic Features .................................................................................................. 106
by Mr. Takeo Momose
Juvenile Justice System in Japan: The Functions of the Family Court Probation Officer ................................................................ 110
by Mr. Masato Yoshitake
Juvenile Probation and Parole in Japan ................................................ 116
by Mr. Bbihara Masatosi
Adolescence and Crime Prevention in Malaysia ................................... 120
by Mr. Mohd. Ali Abu Bakar
Not Legal Provision Alone: Juvenile Delinquency - A Multidimensional Problem .................................................................................. 134
by Ms. Chandni Joshi
Adolescence and Crime Prevention in Papua New Guinea ............... 141
by Mr. Martin Balthasar
CONTENTS (Continued)
Page
Adolescence and Crime Prevention in the Philippines ....................... 152
by Ms. Corazon Alma B. de Leon and Ms. Nenalyn Palma Defensor
Recent Trends in Juvenile Delinquency in the Republic of Korea ...... 164
by Mr. Yi Kie Bae
Adolescence and Crime Prevention in Singapore ................................. 173
by Ms. Lay Lu Ling
Adolescence and Crime Prevention in Sri Lanka ................................. 189
by Ms. Leilani S. Perera
Juvenile Offence in Thailand .................................................................... 208
by Ms. Saisuree Chulikul, Mr. Siri Srisawasdi, and Ms. Naihee Chitsawang
Appendix ........................................................................................................ 21
Twelve-year follow up of a randomized prospective trial comparing bacillus Calmette-Guerin and epirubicin as adjuvant therapy in superficial bladder cancer
Oxidative damage in ischemic stroke revealed using multiple biomarkers
Background and Purpose-We investigated changes in oxidative damage after ischemic stroke using multiple biomarkers. Methods-Serial blood and urine samples of ischemic stroke subjects and age-matched control subjects were assayed for F2-isoprostanes, hydroxyeicosatetraenoic acid products, F4-neuroprostanes, 24-hydroxycholesterol, allantoin, and urate. Results-Sixty-six stroke subjects (mean age, 65 years; median National Institutes of Health Stroke Scale 17) and 132 control subjects were recruited. A bimodal pattern of change was observed in plasma and urinary F2-isoprostanes and plasma 24-hydroxycholesterol. The rise in plasma hydroxyeicosatetraenoic acid products, F4-neuroprostanes, and allantoin was highest 6 to 12 hours after stroke onset, whereas plasma urate was significantly lower than controls on Days 1 to 3. After adjusting for age and baseline National Institutes of Health Stroke Scale, baseline plasma esterified hydroxyeicosatetraenoic acid products (OR, 1.01; 95% CI, 1.01 to 1.02), plasma urate (1.01; 1.00 to 1.01), and plasma free F4-neuroprostanes (2.73; 1.76 to 3.93) were associated with 90-day good functional recovery (modified Rankin Scale ≤1). Conclusions-Multiple markers of oxidative damage are increased immediately after stroke and remain elevated for several days. Recognition of these temporal changes may help design better antioxidant treatment trials for acute ischemic stroke. © 2011 American Heart Association, Inc.link_to_subscribed_fulltex
