8 research outputs found
Difference in Funding Decision Based on the Growth Potential of the Company in Indonesia
No full textThe purpose of the study, The research objective was to To find out the differences in funding decisions between companies that have high growth potential and companies that have low growth potential. Research is a quantitative study. Mean difference test is preceded by Common Factor Analysis to analyze which factors in the Investment Opportunity Set can represent the growth ratio of the company so that it can be used to separate companies with high and low growth potential. Furthermore, the analysis is carried out with a regression model to determine the difference in funding decisions on the growth potential of different companies. The results showed that The consumer goods industry and mining sector sectors that have not proven to be significant are the differences in funding decisions between companies that have the potential to grow high and those with low growth potential. In other sectors, it is evident that there are significant differences in funding decisions between companies that have the potential to grow high and those with low growth potential
Factors Influencing Capital Structure on Firm's Value: A Study on DSE Listed Companies
No full textUsing a panel of listed companies on the DSE, researcher investigates the association of capital structure on firm value and investigates the capital structure of firms in Bangladesh. This current study focuses that the results of the analysis on the relevance of capital structure on firm value indicated, there is no statistically significant relationship between firm value and the capital structure of firms. This analysis was conducted for the general sample of firms in the study, within industries and by firm size; however, the results were consistent throughout all the analysis. The analysis of the Bangladeshi firms’ capital structure indicated that firms in Bangladesh tend to use more long-term debt than short-term debt. The leverage ratios also differed among industries with the Pharmaceuticals & Chemicals having the highest levels of leverage and the Textile industry having the lowest levels of leverage. The results of the capital structure and its determinants analysis indicated that Bangladeshi firms followed a pecking order theory. The results also indicated that profitability, size, asset tangibility and tax shield has a statistically significant relationship to gearing or the firm’s capital structure.Paper Link: http://ijsab.com/volume-3-issue-1/168
Difference in Funding Decision Based on the Growth Potential of the Company in Indonesia
No full textAbstract: The purpose of the study, The research objective was to find out the differences in funding decisions between companies that have high growth potential and companies that have low growth potential. Research is a quantitative study. The mean difference test is preceded by Common Factor Analysis to analyze which factors in the Investment Opportunity Set can represent the growth ratio of the company so that it can be used to separate companies with high and low growth potential. Furthermore, the analysis is carried out with a regression model to determine the difference in funding decisions on the growth potential of different companies. The results showed that The consumer goods industry and mining sector sectors that have not proven to be significant are the differences in funding decisions between companies that have the potential to grow high and those with low growth potential. In other sectors, it is evident that there are significant differences in
funding decisions between companies that have the potential to grow high and those with low growth potential
Role of Capital Market Achieving SDGs (G-9; Industry, Innovation and Infrastructure) for Developing Country by 2030: Bangladesh Perspective
No full textThe capital market plays an important role in economic development of Bangladesh. Capital market in Bangladesh consists of two full-fledged automated stock exchanges- the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE). Bangladesh Securities and Exchange Commission (BSEC), as the supervisory body regulates the stock exchanges of the country. Though capital market plays significant role in economic development by channeling long term funds from savers to investors, capital market in Bangladesh is still lagging behind as compared to those of South Asian and South-east Asian countries. Banks play dominant roles in financing economic activities in Bangladesh. However, banks are not in a position to finance a long term productive investment activities continuously following higher level of non-performing loan and risk of maturity mismatch of funds. Given this, Bangladesh needs to undertake measures to expand capital market for financing productive investments and infrastructural projects. To this end, regulator of capital market BSEC may undertake some pragmatic steps to ensure good corporate governance motivate good companies for floating bonds, shares and continue legal facilitation with more attractive incentives, especially for the foreign participants
The Impact of Capital Market Failure and Investors Responses in Bangladesh: The Case of Chittagong Stock Exchange during 2010-11
No full textCapital Market is the backbone of an economy. This study’s main object is to find out the impact of capital market failure in Bangladesh i.e. Chittagong Stock Exchange during the year 2010-11 and to find out responses of investors in CSE. While conducting this research, 140 investors are selected from CSE and out of this 120 investors responded properly, the response rate is 85 percent. A questionnaire was prepared for this study which consisted of different questions on four dimensions of investors for the investment. In this study, some statistical measures such as descriptive statistics and regression analysis were used to examine the impact of capital market failure in Bangladesh. The study discovers four dimensions such as exposure of bank, availability of authentic information, knowledge about risk management, and efficiency of Securities and Exchange Commission which had positive and significant effect on investors’ responses towards CSE. Findings also suggest that investors had unfavorable responses toward all those dimensions which led to capital market failure especially in case of CSE. This paper will help both investors and policy makers to know the impact of capital market failure and to make proper decision to manage and invest in future to the capital market in Bangladesh.Paper Link: http://ijsab.com/volume-2-issue-4/140
EXPLORING THE IMPACT OF BEHAVIORAL ANOMALIES IN INVESTMENT DECISION OF INVESTORS OF CAPITAL MARKET IN BANGLADESH: A BEHAVIORAL FINANCE APPROACH
No full textThis paper aims to investigate how behavioral anomalies manipulate investors" cogent investment decisions into silly decisions and how investors" behavioral anomalies play an imperative role on investment decisions. Regression method was adopted to analyze and interpret investors" behavioral anomalies. The study highlights on how investors" behavioral anomalies (i.e. anchoring, conservatism, endowment, optimism and hindsight) influence investors" investment decisions. To conduct this study, researchers collected primary data from 120 investors under Dhaka Stock Exchange and Chottogram Stock Exchange using structured questionnaire. Conversely, secondary data were collected from different journal articles and books. Basically logistic regression technique was run using SPSS to analyze behavioral anomalies of investors in decision making. The results showed that behavioral anomalies were leading factors to contribute decision making process of investors in Bangladesh. The findings of this paper would help to understand common behavioral anomalies and their effect in investment decisions for the decision makers and researchers
LABORATORY AND ASTRONOMICAL DETECTION OF CYANIC ACID, HOCN
No full textD. Buhl, L. E. Snyder, P. R. Schwartz, and J. Edrich, Nature 243, 513 (1973)e.g., J. M. Jackson, J. T. Armstrong, and A. H. Barrett, ApJ 280, 608 (1984), I. Zinchenko, C. Henkel, R. Q. Mao, A&A 361, 1079 (2000)Nguyen-Q-Rieu, C. Henkel, J. M. Jackson, and R. Mauersberger, A&A 241, L33 (1991)B. P. Winnewisser, "Molecular Spectroscopy: Modern Research" (K. Narahari Rao, Ed.), Vol. III, Academic Press, New York (1985)A. Belloche, K. M. Menten, private communication; A. J. Remijan, D. P. Leigh, A. J. Markwick-Kemper, B. E. Turner, ArXiv e-prints 0802.2273 (2008)Author Institution: Harvard Smithsonian Center for Astrophysics, and School of Engineering and Applied Sciences, Harvard University, Cambridge, MA 02138, USA; Max-Planck-Institut fur Radioastronomie, 53121 Bonn, GermanyIsocyanic acid (HNCO) was among the first interstellar molecules identified by radio astronomical observations} and has since been found in at least sixty Galactic sources}, and in three external galaxies}. It is the most stable of four isomers with this elemental composition, and has been extensively studied from the microwave to the IR region, as has the higher lying isomer fulminic acid, HCNO}. Here we report the recent laboratory and astronomical detection of the second-most stable isomer, cyanic acid HOCN, which is only 21~kcal/mol or 0.9~eV higher in energy than HNCO. In the laboratory, 45 -type transitions were measured in the frequency range 20-360~GHz up to and with a Fourier Transform Microwave spectrometer (FTM) or a free-space mm-wave absorption spectrometer. HOCN was produced in a discharge through water and cyanogen. The identification was confirmed by observing lines of DOCN at the expected isotopic shift, and by resolving the N hyperfine structure. Based on this laboratory study, we have now detected HOCN towards SgrB2(M) in 3-mm and 2-mm survey data} via four -type transitions in the and three in the ladder
Intensivmedizinische Qualitätsindikatoren für Deutschland - vierte Auflage 2022
No full textThe measurement of quality indicators supports quality improvement initiatives. The German Interdisciplinary Society of Intensive Care Medicine (DIVI) has published quality indicators for intensive care medicine for the fourth time now. After a scheduled evaluation after three years, changes in several indicators were made. Other indicators were not changed or only minimally. The focus remained strongly on relevant treatment processes like management of analgesia and sedation, mechanical ventilation and weaning, and infections in the ICU. Another focus was communication inside the ICU. The number of 10 indicators remained the same. The development method was more structured and transparency was increased by adding new features like evidence levels or author contribution and potential conflicts of interest. These quality indicators should be used in the peer review in intensive care, a method endorsed by the DIVI. Other forms of measurement and evaluation are also reasonable, for example in quality management. This fourth edition of the quality indicators will be updated in the future to reflect the recently published recommendations on the structure of intensive care units by the DIVI.Die Messung relevanter Qualitätsindikatoren unterstützt Initiativen zur Qualitätsverbesserung. Die Deutsche Interdisziplinäre Vereinigung für Intensiv- und Notfallmedizin (DIVI) hat die intensivmedizinischen Qualitätsindikatoren nun zum vierten Mal publiziert. Sie wurden nach drei Jahren überarbeitet und einige Indikatoren wurden angepasst. Andere Indikatoren erfuhren keine oder nur minimale Änderungen. Der Fokus besteht weiter auf relevanten Behandlungsprozessen wie Management von Analgesie und Sedierung, Beatmung und Weaning sowie Infektionen auf der Intensivstation. Die Gesamtzahl von zehn Indikatoren blieb bestehen. Die Entwicklung der Indikatoren erfolgte in der neuen Version nach einem anderen Prozess. Die Transparenz wurde durch Erwähnung der Einzelbeiträge der Autoren sowie auch potenzieller Interessenkonflikte erhöht. Die Anwendung der Qualitätsindikatoren im Peer-Review-Prozess der DIVI ist weiter wesentlicher Schwerpunkt. Aber auch andere Anwendungen, z.B. im Qualitätsmanagement, sind sinnvoll. Diese vierte Auflage der Qualitätsindikatoren wird noch einmal aktualisiert, um die kürzlich veröffentlichten Empfehlungen der DIVI zur Struktur der Intensivstationen zu berücksichtigen
