Growth Of Corporate Profits Research Articles

Molten Aluminum-Induced Corrosion and Wear-Resistance Properties of ZrB2-Based Cermets Improved by Sintering-Temperature Manipulation.

During the hot dip aluminum plating process, components such as sinking rollers, pulling rollers, and guide plates will come into long-term contact with high-temperature liquid aluminum and be corroded by the aluminum liquid, greatly reducing their service life. Therefore, the development of a material with excellent corrosion resistance to molten aluminum is used to prepare parts for the dipping and plating equipment and protect the equipment from erosion, which can effectively improve the production efficiency of the factory and strengthen the quality of aluminum-plated materials, which is of great significance for the growth of corporate profits. With AlFeNiCoCr as the binder phase and ZrB2 as the hard phase, ZrB2-based ceramic composites were prepared by spark plasma sintering (SPS). SEM, EDS and XRD were used to characterize the microstructure and properties of the sintered, corroded, and abraded material samples. The density, fracture toughness, corrosion rate and wear amount of the composite material were measured. The results show that ZrB2-AlFeNiCoCr ceramics have compact structure and excellent mechanical properties, and the density, hardness and fracture toughness of ZrB2-AlFeNiCoCr increase with the increase in sintering temperature. However, when the composite material is at 1600 °C, the relative density of the sintering at 1600 °C decreases due to the overflow of the bonding phase. Therefore, when the sintering temperature is 1500 °C, the high entropy alloy has the best performance. The average corrosion rate of ZrB2-1500 at 700 °C liquid aluminum is 1.225 × 10-3 mm/h, and the wear amount in the friction and wear test is 0.104 mm3.

DIVIDEND POLICY STRATEGY: Moderating the Effect of Financial Conditions and Investment Opportunities on Corporate Profit Growth

This study aims to determine the effect of the company's financial condition and investment opportunity set on profit growth with dividend policy as a moderation in food and beverage sector manufacturing companies listed on the Indonesia Stock Exchange in 2016-2021. The type of research used is quantitative associative. The data used are secondary data obtained from the Indonesia Stock Exchange for the research period. Sample selection was carried out based on the purposive sampling method with certain criteria so that 19 company samples were obtained. Data processing using statistical program eviews version 10. The research method uses regression analysis, namely t test, f test and moderated regression analysis. The results of the t test show that the company's financial condition has a positive and significant effect on profit growth, the investment opportunity set has a positive and significant effect on profit growth, the company's financial condition and investment opportunity set simultaneously affect profit growth, and the dividend policy is able to moderate the investment opportunity set on profit growth. However, the dividend policy does not moderate the company's financial condition against Profit growth in food and beverage sector companies for the 2016-2021 period.

End of an era: The coming long-run slowdown in corporate profit growth and stock returns

I show that the decline in interest rates and corporate tax rates over the past three decades accounts for the majority of the period’s exceptional stock market performance. Lower interest expenses and corporate tax rates mechanically explain over 40 percent of the real growth in corporate profits from 1989 to 2019. In addition, the decline in risk-free rates alone accounts for all of the expansion in price-to-earnings multiples. I argue, however, that the boost to profits and valuations from ever-declining interest and corporate tax rates is unlikely to continue, indicating significantly lower profit growth and stock returns in the future.

Dynamic Response of Equity Market Returns to Corporate Profit Growth Shock

Dynamic Response of Equity Market Returns to Corporate Profit Growth Shock

Retracted] A Study on Synergistic Development of Innovative Public Management and Economic Growth Based on Big Data

Since the twenty‐first century, the Internet of Things technology has developed rapidly, and its impact on China’s economy and society is far‐reaching, and its significance is also far‐reaching. This makes more and more scholars start to pay attention to the related issues of the Internet of Things and economic development. The Internet of Things provides a superior information platform for various economic entities, enabling economic exchanges to transcend the boundaries of time and space. The IoT generates a lot of big data, and it is not easy to get valuable insights from the huge amount of data in various formats, ensuring that sensors are working properly and data is transmitted securely and processed efficiently. In order to study the role of the Internet of Things in promoting economic growth, clarify the status of the Internet of Things in the national economy and explore public management innovation as a change in actual social relations. This paper analyzes the application of the Internet of Things technology in public management. In order to deal with the massive multisource heterogeneous data involved in public management, this paper proposes a resource optimization scheduling algorithm for differentiated distributed storage systems and focuses on the analysis of China’s economic growth in recent years. Through experiments, it is found that from 2014 to 2020, China’s economy will continue to maintain rapid growth, with a GDP of 101,5986 billion yuan. Since 2014, the number and quality of R&D personnel in China have increased significantly. In 2020, due to the resumption of growth in corporate profits in the second half of the year, the cumulative decline in revenue will result in a decline in domestic value‐added tax by 8.9% and corporate income tax by 2.4%.

The effects of government ownership and the global financial crisis on implicit taxes of Chinese companies

The government has implemented various tax incentive policies to support the generation and growth of corporate profits, leading to what is known as an implicit tax. In actuality, there is no implicit tax phenomenon because this phenomenon occurs in a perfectly competitive market where there are no barriers to entry, transaction costs, or transaction friction. Since most Chinese companies are owned by the Chinese government and are not fully capitalist markets, the possibility of more implicit taxes is not expected to occur. Therefore, the purpose of this study is to investigate whether the Chinese government’s ownership of enterprises and the global financial crisis have had an effect on the realization of the implicit tax phenomena. The results of this study are as follows. First, the pre-tax return on equity (PTROE) of listed Chinese companies had a statistically significant positive relationship with the pre-tax subsidy on equity (PTSE). Second, for companies with a higher level of Chinese government-owned interest, PTROE had a statistically significant positive relationship with PTSE; so this result shows that Chinese companies receive tax benefits, but an implicit tax in the market is not realized. Third, during the global financial crisis, the PTROE of Chinese companies showed an insignificant negative relationship with PTSE. In addition, companies owned by the Chinese government showed an insignificant negative relationship between PTROE and PTSE during the global financial crisis. This study provides policy implications that government ownership equity and macroeconomic events influence the level of freedom in a market economy.

The Impact of E-Commerce on International Trade: Case of Turkey

The purpose of the present paper is to investigate the impact of electronic commerce on international trade with the case studying of Turkey. E-commerce offers economy-wide benefits to all countries. The benefits are probably to be concentrated in developed countries in the short run, but developing countries will have more to benefit in the long run. Applying electronic commerce in both own and foreign country will affect corporate profits badly in the beginning, but after a certain step of progress, it will promote the rapid growth of corporate profits. The theories covered in this paper are simply those theories which have helped business, governments, and economics to better understand international trade and also to better understand how to manage, regulate, and promote international trade. The capacity of international trade will rise via e-commerce. New opportunities for international trade have created throughout internet. The way of communicating or doing business and trade between companies and individuals has changed as the geographical distance decreased between buyers and sellers.

APPLICATION OF ASSOCIATION RULE MINING AND MINING SEQUENTIAL PATTERNS ON CRM PT. ARMADA INTERNATIONAL MOTOR

Keeping in touch with customers is a step that must be done by the company to increase customer loyalty. CRM is a set of processes to acquire, maintain and enhance the values ​​for customer satisfaction for the continued growth of corporate profits. With data mining for extracting knowledge, performance can be improved CRM in obtaining information about customers. In this study, carried out by the application of CRM design Association rule mining and sequential pattern mining techniques to provide recommendations to the customer service type PT Armada International Motor. CRM is built based mobile and able to provide effective services and recommendations for customers

Research on the Extension Evaluation Model and Strategy Generation Method of Enterprise Service Quality

This paper presents a study on the service quality of enterprises based on the extension innovation method and the SERVQUAL model. First, by applying the extension set and the correlation function, and by taking the tangible, reliability, responsiveness, assurance, and empathy of the SERVQUAL model as the five evaluation features, the multivariate extension set and multilevel comprehensive correlation function was established to conduct a quantitative research on service quality; From the perspective of solving the incompatibility issue, the correlation degree of user expectation and perception was calculated by using the comprehensive correlation function, and the service quality was judged on whether it will meet the user requirements. In the case where the service quality does not meet the requirements of the users, a study on the method to transform the service quality so that it would achieve otherwise, through an extension analysis and extension transformation, was proposed. Finally, a universal service quality extension evaluation model and a strategy generation method were formed. The application of the method above in analyzing the difference between the perceived service level of the customer and the expected service level of the customer, including the proposal of the transformation strategy, has helped enterprises reduce customer loss, gain new customers, and promote the sustainable growth of corporate profits.

Influence Analysis of Return on Assets (ROA), Return on Equity (ROE), Net Profit Margin (NPM), Debt To Equity Ratio (DER), and current ratio (CR), Against Corporate Profit Growth In Automotive In Indonesia Stock Exchange

The purpose of this research to analyze the effect of Return On Asset, Return On Equity, Net Profit Margin, Debt To Equity Ratio and Current Ratio toward growth income either simultaneously or partially on automotive companies that were listed in Indonesia stock exchange. Independent variables used in this research were Return On Asset, Return On Equity, Net Profit Margin, Debt To Equity Ratio and Current Ratio and dependent variable in this research was growth incom. The data used in this research was secondary data as 55 samples with purposive sampling. The method used to analyze the relation between independent variable and dependent variable was multiple linear regression and classical assumption test. The findings of this research identified that simultaneously independent variables Return On Asset, Return On Equity, Net Profit Margin, To Equity Ratio and Current Ratio with F test, effected together to growth income significantly 0.000. While the result partially with T test, Return On Asset, Return On Equity, and Net Profit Margin to growth income with significance and positive of each was 0.029, 0,041 and 0.008. While Debt To Equity Ratio and Current Ratio to growth income with significance and negative of 0.008 and 0,001. Companies must be able to demonstrate a good performance, high growth potential, and delivered company information sufficient to investors about the company.

Stock Market Liquidity and Corporate Profit Growth

This study examines how aggregate corporate profit growth (CP) dynamically influences liquidity in the stock market using NYSE share turnover (STO) as a proxy. The VAR results from fitting quarterly data from 1951Q4 to 2012Q4 show that STO has a significant jump immediately in the first quarter following the shock to CP then drops and stays at the zero territory after the first quarter. The Granger-causality tests indicate that CP and STO Granger-cause each other. CP forecasts 3.5% to 4% of the STO variability at the two- and eight-quarter horizons, respectively.

Dividend Yield and Corporate Profit Growth

This study examines the dynamic response of S&P 500 dividend yield (DY) and S&P 500 price-to-earnings ratio (PE) to corporate profit growth (CP) shock. Using the VAR model to analyze quarterly data from 1951Q4 to 2012Q4, the results show that both DY and PE significantly drop immediately following the shock to the CP. The Granger-causality Wald tests show that CP Granger-causes DY and PE. There is no response feedback from DY and PE to CP. The results from variance decomposition analysis show that CP contributes around 1.28% and 7.34% to the PE forecast errors at the respective two- and four-quarter horizons. In addition, CP contributes about 5.25% and 5.44% to the DY forecast errors at the respective two- and eight-quarter horizons.

Dynamic Response of Equity Market Returns to Corporate Profit Growth Shock

This study investigates how returns on the S&P 500 (SP) dynamically respond to the aggregate corporate profit growth (CP) shock. The results from running the VAR model using quarterly data from 1951Q4 to 2012Q4 shows that returns on the SP significantly and positively respond to the CP shock instantly in the first quarter and retreat back to the zero territory afterwards. The results obtained from running the Granger-causality Wald tests show that CP Granger-causes SP to spike. CP forecasts about 3.50% of variability of the returns on the SP at the two- to eight-quarter horizons.

Predictions of growth in U.S. corporate profits: Asymmetric vs. symmetric loss

This study evaluates the Federal Reserve and private forecasts of growth in corporate profits for 1984–2004. These forecasts are both rational and directionally accurate but suggest different loss structures. The Federal Reserve forecasts tend to significantly under-predict and imply asymmetric loss. The private forecasts, however, are free of such bias, suggesting symmetric loss. Given that the Federal Reserve forecasts are made to help with policymaking, our findings point to the Fed's cautiousness not to incorrectly predict the downward moves in growth in corporate profits. The private forecasts are made by experts who (with a strong profit-motivated interest) attempt to generate financial gain and thus predict the upward moves as accurately as the downward moves.

Study on Supporting Platform and Working Mechanism for Service Innovation of Manufacturing Enterprises

At present, the world economy has entered a service economy, represented by post-industrial society, consumers have become the key link in the market, service has become an important factor of the core competitiveness for manufacturing enterprises, and service innovation as an independent innovation has become increasingly important in the manufacturing enterprises development. Service innovation of manufacturing companies needs a wider range of knowledge coming from technology, customer and market, through analysis of influencing factors that may affect manufacturing enterprises’ implementation of customer-oriented service innovative, this paper explored the needs, process and characteristics of service innovation, built a customer-oriented platform of service innovation, and described its working mechanism. Wish to provide useful lessons for promoting change of economic growth pattern, promoting the growth of corporate profits and upgrading our manufacturing.

An evaluation of professional forecasts of US corporate profits

We show that the one-year-ahead forecast of growth in US corporate profits from the Survey of Professional Forecasters, for 1983–2004, is unbiased and superior to the random walk forecast. Survey respondents, however, generally predicted positive growth and thus failed to accurately predict negative growth in corporate profits. This bias may be due to respondents assigning asymmetric costs to incorrect positive and negative growth predictions.

U.S. Revenue Surprises: Are Happy Days Here to Stay?

A key question for U.S. policymakers is whether the recent strength in federal revenue is likely to continue. This question is addressed through an econometric analysis of the determinants of tax revenue, using time series that are adjusted for tax policy changes. The results suggest that growth in corporate profits and capital gains each contributed forty percent of the increase in the revenue-to-GDP ratio from 2004-2006, and rising income inequality explains much of the rest. While part of the revenue rise is the result of structural changes taking place in the U.S. economy, some of the recent buoyancy is likely to prove temporary, reflecting the highly cyclical nature of these variables.