Investor sentiment and audit-related human resource input: Evidence from audit-related job postings
Investor sentiment and audit-related human resource input: Evidence from audit-related job postings
- Research Article
2
- 10.16538/j.cnki.jfe.20200917.303
- Dec 31, 2020
- Journal of finance and economics
In order to guide capital investment and improve the efficiency of resource allocation, the Chinese government has formulated and promulgated a series of industrial policies. However, China’s capital market has the typical characteristics of “policy-driven market”. Industrial policies often lead to sharp fluctuations in investor sentiment in the stock market, and have a substantial impact on enterprise resource allocation behavior and efficiency. Based on the “inefficient” capital market hypothesis, this paper intends to answer the following questions: Do industrial policies cause the fluctuation of investor sentiment in the stock market? What kind of physical impact does investor sentiment have on enterprise resource allocation behavior and efficiency? What is the underlying mechanism?This paper takes the industries that are not involved in industrial policies as the reference group, and takes the industries that are encouraged to support and restrict as the two groups. The empirical study finds that supportive industrial policies cause the rise of investor sentiment and stimulate enterprise investment, which will aggravate the overinvestment of enterprises and alleviate the underinvestment of enterprises; restrictive industrial policies lead to the decline of investor sentiment and inhibit enterprise investment, which will alleviate the overinvestment of enterprises and aggravate the underinvestment of enterprises. This shows that investor sentiment plays a mediating role in the process of industrial policies guiding resource allocation. Further research shows that the greater the degree of dependence on equity financing or management equity incentive, the more sensitive the enterprise resource allocation is to the fluctuation of investor sentiment, which indicates that the deep mechanism of the influence of investor sentiment on enterprise resource allocation under the exogenous impact of policies lies in that the enterprise has the motivation to rely on equity financing and cater to market sentiment. Finally, on the whole, the impact of investor sentiment on enterprise resource allocation under the exogenous impact of industrial policies results in the damage of corporate value, and there are significant differences in different channels of influence. Capital investment by reducing the cost of equity financing by investor sentiment significantly improves corporate value, while the resource allocation that caters to market sentiment significantly damages corporate value.This paper may have the following three aspects of innovation and contribution: First, it reveals the role of “exogenous factors” of industrial policies in the formation and evolution of investor sentiment, which helps to understand the impact of public policies on the stock market from the perspective of micro enterprises. Second, based on the limited rationality of investors, it studies the role of inefficient stock market in the process of industrial policies guiding enterprise resource allocation, which will help to understand the relationship among government, market and enterprise. Third, the research results have important policy and practical significance: In the process of using industrial policies to guide enterprise resource allocation, the government should not ignore the intermediate link of financial market’s response to industrial policies, and should pay attention to and effectively use the resource allocation function of “ineffective capital market”.
- Research Article
- 10.7176/jep/11-16-14
- Jun 1, 2020
- Journal of Education and Practice
The purpose of this study was to explore the human resource inputs in Students Industrial Work Experience Scheme (SIWES) such as institution supervisors, SIWES coordinators, industry-based supervisors and ITF personnel for effective implementation of the programme and skill acquisition. Students Industrial Work Experience Scheme (SIWES) is a skill training programme designed to expose and prepare students in Colleges of Education for the industrial work situation they are likely to meet after graduation. Growing public demand in the provision of trained and skilled indigenous manpower, needed by industry and commerce in the past two decades have made it imperative that Colleges of Education administrators pay attention to the potential impact of SIWES on skill development. The skill development and acquisition gained by the Agricultural Education students in Colleges of Education in SIWES is pivoted on human resource inputs: right placement of the students by the SIWES coordinators; effective monitoring and supervision by the institution supervisors and Industrial Training Fund (ITF) personnel and skill-acquiring training given by the industry-based supervisors. The inputs of these human resources are inevitable in skill development and acquisition in SIWES provided they are available, adequate and functional in imparting the needed training into the students. Concepts on Students Industrial Work Experience Scheme (SIWES), skill development and acquisition, human resource inputs needs in SIWES among others were discussed. Constraints to effective human resource inputs in enhancing skill acquisition were also highlighted. This paper concluded that the responsibilities of the human resource inputs in ensuring skill development and acquisition needed to be looked into. Thorough supervision of students on SIWES is needed for better implementation of SIWES and effective skill acquisition. Suggestions were made to this effect. Keywords: Human Resource Inputs, SIWES, Skill Acquisition, Agricultural Education Programme, Colleges of Education, Nigeria. DOI: 10.7176/JEP/11-16-14 Publication date: June 30th 2020
- Research Article
- 10.12928/ijhr.v3i2.9332
- Nov 13, 2023
- International Journal of Healthcare Research
Medical services aim to ensure optimal successful healing of clinical symptoms experienced by patients. The medical services provided should be in accordance with applicable regulations and must also be accountable in accordance with the standards of each profession. The quality of the medical services provided depends on the efforts of the doctor/specialist in maintaining their expertise as much as possible. In maintaining quality, professional quality review and control efforts are carried out. Purpose: This study aims to understand the description of human resource input, management functions in the medical development unit, and the description of service output in the medical development unit. Methods: This research is qualitative research with The data collection methods used were observation and interviews. Observations were carried out by observing every activity at the Grhasia Yogyakarta Mental Hospital, especially in the Medical Service Quality Unit. Results: the human resources input section does not meet the criteria for field graduates, the budget is sufficient, service standards are always updated, the management process is integrated with other units, and service quality is improved as an output of quality management. Conclusion: The medical service quality management process and management output have gone well according to plan, while management resource input needs to continue to improve the quality of human resources.
- Research Article
3
- 10.1155/2022/3534840
- Mar 29, 2022
- Computational intelligence and neuroscience
Human resources are the first resource for enterprise development, and a reasonable human resource structure will increase the effectiveness of an enterprise's human resource input and output. The reality is that even if an enterprise designs a human resource allocation plan in accordance with the corporate strategy, it is impossible for the enterprise to operate in full accordance with the plan during the operation process, so the human resource allocation plan only reflects the law of the enterprise's human resource needs during the enterprise development process. Giving effective guidance to the specific work of human resources is difficult. It is impossible to carry out effective human resources structure adjustment to adapt to changes in human resources demand due to changes in corporate tactics, business, scale, and other factors, especially when the current domestic human resources market has not yet fully formed. This paper examines the impact of key factors such as the company's business growth scale and production efficiency improvement on human resource needs with the goal of improving team structure, optimizing staff allocation, controlling labor costs, and improving efficiency and benefits. In this paper, we attempt to develop a human resource demand forecasting model based on business development and economic benefits and guided by intensive human resource development. We analyze and forecast the enterprise's total human resource employment, personnel structure, and quality structure using this model. In light of this, this paper employs an improved BP neural network to construct a human resource demand forecasting system, resulting in a new quantitative forecasting method for human resource demand forecasting with strong theoretical significance. Simultaneously, the human resource demand forecasting system developed can enable enterprises to carry out personnel demand forecasting from the actual situation, making forecasting more applicable, flexible, and accurate, allowing enterprises to realize their strategies through reasonable human resource planning.
- Conference Article
- 10.1109/gsis.2011.6044091
- Sep 1, 2011
An accurate prediction on sci-tech human resources input is the premise and foundation of the Government's sci-tech decision-making. Since a lot of intricate and complicated factors can affect the regional net supply of sci-tech talents, and there is less statistical data of the sci-tech innovation talents, it is difficult to extract some statistical laws. This paper proposes a method to make interval prediction on the sci-tech human resources input by means of GM (1, 1) model, and then has a simulation and prediction on the sci-tech human resource input of Jiangsu Province by using the above method. The result shows that, the model can simulate and predict the sci-tech human resource input of Jiangsu Province well.
- Conference Article
- 10.1109/picmet.2001.952400
- Jul 29, 2001
Summary form only given, as follows. The input-output analysis of economic balance in real estate or value form only considers the input and output of the material product section. The sustainable development considers the ecological system including population, economics, natural resources and environment. The input-output analysis of sustainable development has to take them into consideration such as labor input, natural resource input, wastage brought along with the product output and the impact of wastage on the environment. The input-output tables in real estate or value form could not be applied directly in the analysis of sustainable development due to the complexity of the ecological system. The ecological system including population, economics, natural resources and environment should be measured in energy, therefore, the energy-type input-output table is the extension of that in the real estate or value form. The inputs of input-output table in energy form consist of not only the material product input, but also the human resource input and the natural resource input; its outputs consist of not only the material output, but also the wastage output and the impact of wastage on the environment. The energy-type input-output model, including population, economics, natural resources and environment, is given in the paper. The model is applied in the analysis of sustainable development.
- Research Article
108
- 10.1108/02621711011039231
- May 25, 2010
- Journal of Management Development
Purpose – The purpose of this study is to test a model where human resource inputs (e.g. motivation, employee skill) and human resource processes/practices (e.g. training and development; profit sharing) are hypothesized to contribute uniquely and positively to organizational outputs, i.e. job performance and firm performance. Design/methodology/approach – The cross‐sectional study consisted of 350 business professionals (91 percent managers; 9 percent consultants) from a midwestern US professional organization who took a battery of survey measures via the internet. Findings – After statistically controlling for the background variables (organizational type, size and status), the hierarchical regression analyses demonstrated that both the human resource inputs and process/practice variables explained statistically significant variance in each of the nine regression models. The effect size in each model was medium to large. Originality/value – The findings illustrate the considerable utility of researchers and managers examining the entire human resource system of an organization when searching for productive leverage points to improve organizational outputs like job and firm performance. The results suggest that human resource managers can have a positive influence on firm performance through implementing and supporting organizational policies and procedures that serve to positively motivate workers (e.g. reasonable incentive compensation and rewards, fair grievance procedures, and performance management), and learning and development activities that stimulate optimal task and contextual job performance.
- Research Article
35
- 10.1007/s10098-020-01908-w
- Aug 13, 2020
- Clean Technologies and Environmental Policy
How to utilize human, financial, and material resources reasonably in the technological innovation of new energy vehicles to obtain the maximum benefit with the least investment is an important issue that needs to be solved urgently. This paper employs the stochastic frontier model to analyze the innovation efficiency and its influencing factors of new energy vehicles in China. The investment of innovation is divided into four dimensions: human resource input, R&D input, technology acquirement input and environment support input. The results demonstrate that the mean of innovation efficiency of the new energy vehicle industry is low in general. The Yangtze River Delta and Pearl River Delta regions have the highest innovation efficiency comparable to that of other regions. There is a significant positive impact of asset turnover ratio, per capita compensation of management, and education level on innovation efficiency. The effects of asset-liability ratio and government support on innovation efficiency are not significant. But the government support has a significant positive moderation effect on innovation efficiency through financial factors. Based on the conclusions, this paper proposes insights to promote the development of the new energy vehicle industry.
- Research Article
- 10.15642/jpai.2020.8.2.133-152
- Dec 31, 2020
- Jurnal Pendidikan Agama Islam (Journal of Islamic Education Studies)
Input sumber daya manusia di perguruan tinggi dituntut untuk memiliki kemampuan berpikir tingkat tinggi (High Order Thinking Skills, HOTS) yang meliputi kemampuan menganalisis, mengevaluasi dan mengkreasi materi. Dengan demikian, keberadaan tes masuk perguruan tinggi menjadi salah satu intrumen penting dalam melakukan seleksi sumber daya manusia. Artikel ini bertujuan mengeksplorasi peta HOTS pada soal Ujian Masuk Perguruan Tinggi Keagamaan Islam Negeri (UM-PTKIN) materi Pendidikan Agama Islam (PAI) tahun 2018 dan perbandingan tingkat HOTS pada soal kelompok materi ujian PAI. Artikel ini juga didukung oleh hasil kajian kepustakaan. Hasil kajian menunjukkan bahwa item soal UM-PTKIN materi PAI berada pada kategori HOTS dan kemampuan berpikir tingkat rendah (Low Order Thinking Skill, LOTS). Materi Akidah Akhlak menjadi penyumbang terbanyak dan Al-Quran Hadith sebagai penyumbang paling sedikit pada soal kategori HOTS. Program Studi Pendidikan Agama Islam (PAI) adalah prodi yang sangat diminati sekaligus lulusannya sangat dinanti untuk dapat menyemai pemahaman keislaman untuk menjawab berbagai tantangan sosial, politik, dan keagamaan di Indonesia. Artikel ini memberikan rekomendasi bagi pemangku kebijakan UM-PTKIN untuk dapat meningkatkan jumlah komposisi soal HOTS dalam seleksi-seleksi selanjutnya agar dapat meningkatkan kualitas input mahasiswa PAI di periode-periode berikutnya.
- Research Article
7
- 10.1007/s13753-013-0011-0
- Jun 1, 2013
- International Journal of Disaster Risk Science
The past several years have witnessed the toughest period of natural disasters in Chinese history, in terms of frequency and concurrency, as well as variability in damage and recurrences. The Chinese government takes action quickly and engages in disaster emergency response and disaster relief work with huge human resource and material inputs. We have made great efforts in fighting against catastrophic natural disasters such as the low-temperature induced snowstorm in Southern China ( 2008), the Wenchuan earthquake in Sichuan Province (2008), the Yushu earthquake in Qinghai Province (2010), the Zhouqu mountain torrents and mudslide in Gansu Province (2010), and the Lushan earthquake in Sichuan Province (2013). With accumulated experience and through improving the legal and institutional frameworks, as well as with improved disaster mitigation and prevention measures, we have lifted our disaster resilience to a new level, reduced disaster losses, and contributed to the economic and social sustainability of the affected regions.
- Research Article
- 10.1177/17581559251364081
- Jul 30, 2025
- Avian Biology Research
Breeding endangered species in captivity for reintroduction into their natural environment does not always yield the desired results. Despite significant financial and human resource input, adult birds and their offspring often die of disease. This research compared the breeding success of capercaillies kept in breeding centre in relatively natural conditions and under strictly controlled, highly sanitary conditions between 1993 and 2020. The results showed that breeding under controlled conditions was more successful, with the females laying, on average, more eggs (+3.4 eggs), hatching more chicks (+20.5%) and raising more offspring (+3.1 individuals). Furthermore, hatching success was higher (+13.18%) under capercaillie females than under foster parents (domestic hens). The percentage of chicks lost was higher (+14.8%) when incubated by domestic hens and reared without the involvement of capercaillie females. Controlled maintenance conditions thus led to significantly better breeding results (number of reared birds intended for release or sale to other facilities) and ensured the profitability of the breeding center.
- Research Article
10
- 10.1080/12259276.2013.11666157
- Jan 1, 2013
- Asian Journal of Women's Studies
This paper critically examines the gender aspects of South Korea's Official Development Assistance (ODA) with a focus on its legal and policy framework, financial and human resource input, using data on ODA activities from 1991 and 2006 to the present based on KOICA and OECD's gender marked data, respectively. Gender equality is an important cross-cutting issue for poverty reduction through women's empowerment in developing countries. It is also recognized by the OECD and other international organizations as being key to enhancing aid effectiveness. The OECD pointed out in its Special Review on South Korea's ODA, conducted in 2008, that South Korea has not paid much attention on cross-cutting issues, particularly gender equality. This paper concludes that although the South Korean government has made some progress toward enhancing gender issues in its ODA policy framework and guidelines, major challenges remain in emphasizing the significance of gender among its various ODA-related ministries and implementation agencies. There is no consistently holistic approach to gender in government and its actual implementation, as reflected in aid projects, different sectors, types of aid, and the organizational structure of ODA.
- Book Chapter
- 10.3233/faia250752
- Sep 26, 2025
The 18th National Congress of the Communist Party of China proposed implementing an innovation-driven development strategy, emphasizing that scientific and technological innovation is a strategic support for enhancing social productivity and comprehensive national strength, and must be placed at the core of the country’s overall development. Deeply exploring the potential relationships between various components of the education system and the development of scientific and technological innovation is of great significance for improving China’s scientific and technological innovation capabilities. By constructing an entropy-weighted TOPSIS model, this study quantitatively investigates the impact of factors such as educational funding investment, scale structure, human resource input, and policy environment on scientific and technological innovation development. Additionally, a DEMATEL-AISM model is constructed to further explore the pathways of influence among these factors. The research finds that educational resource investment has a significant driving effect on the resilience of scientific and technological innovation, serving as a root influencing factor, while talent cultivation also exerts a strong direct impact on its development. This indirectly confirms the rationality and necessity of China’s continuous increase in R&D expenditure.
- Research Article
1
- 10.30741/adv.v5i2.766
- Dec 31, 2021
- Jurnal Ilmu Manajemen Advantage
The purpose of this study is to get an overview of the knowledge and financial aspects of entrepreneurship to be a decisive part in the management of Bumdesa. The method used in this research is descriptive qualitative with a case study approach. The results obtained are from the aspect of financial literacy of the Bumdesa management on human resource input, knowledge of the preparation of financial reports and the inadequate ability to analyze financial statements so that they have not been able to make financial reports as a basis for decision making. The financial aspect of entrepreneurship can be seen from the Bumdesa business idea. running a business idea, the ability to organize a business, develop innovation as a whole have been implemented, but have not run optimally, so that it has an impact on the Bumdesa financial performance.
- Research Article
9
- 10.1016/j.egypro.2011.03.374
- Jan 1, 2011
- Energy Procedia
An Investigation on Configuration status of Science and Technology Resource in the Coal Industry of Heilongjiang Province
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