Impact Of Political Events Research Articles

THE IMPACT OF THE PRESIDENTIAL ELECTION ON IDX COMPOSITE PREDICTIONS USING LONG SHORT TERM MEMORY

An analysis of the performance of Indonesia's capital market, or Indonesia Stock Exchange (IDX), shows significant growth in recent years, with market capitalization increasing dramatically from IDR 679.95 trillion in 2004 to IDR 11,674.06 trillion by 2023. The IDX plays an important role in the Indonesian economy by facilitating capital formation and providing opportunities for investors to diversify their portfolios. However, the capital market is vulnerable to political events, such as presidential elections, which can affect national stability and economic performance. An analysis of the stock index performance before the presidential election showed a significant bullish trend. Still, given the considerable impact of political events, such as presidential elections, on financial markets, this study aims to analyze and forecast the performance of the IDX Composite by examining historical data from past election years, we provide insights and predictions in highlighting how the LSTM model accommodates these political factors in its forecasts. IDX Composite closing price forecasting was conducted using the bidirectional LSTM model to anticipate the impact. The analysis results show that this model can predict the weekly closing price of the IDX Composite with an error of 1.04%, with estimated stock price fluctuations in the next 8 weeks in the range of 6619.755 to 6812.722

The effect of political factors on agricultural land ownership and grain crops in Erbil Governorate 1975-1991

This research is entitled the impact of political factors on the ownership of agricultural land and cereal crops in Erbil province in 1975-1991. During the research, the agricultural situation in Erbil province was of special importance for economic development. These include the industrial and commercial sectors, as agricultural products have become an important resource used as raw materials in the industrial sector, in addition to agricultural activities and products have affected the movement and trade processes and exchange. Whether in domestic or foreign trade. Ownership of agricultural land in Erbil province has been under the influence of the Agricultural Reform Law to regulate and improve agricultural land. Based on several official government data and statistics obtained, the impact of political events in Iraq and Kurdistan on the ownership of agricultural land and grain crops in Erbil province between 1975-1991 is presented.

Political incentives and analyst bias: Evidence from China

AbstractThis study extends extant research on the determinants of financial analyst bias by examining the role that political incentives play. Using a series of scheduled provincial political events in China, we document that analysts are significantly more likely to issue favorable recommendations or revise their recommendations upward during political event periods, and the effect of political events on optimism is larger for analysts employed by brokerage firms affiliated with politicians. Cross‐sectional evidence suggests that the impact of political events on analyst optimism is concentrated in those provinces where capital market development is a more important performance indicator for politicians or where the incumbent politicians face a pending promotion. Stock return analyses reveal that favorable recommendations issued during political event periods are significantly less profitable in the long run and are less credible according to investor perceptions. Reinforcing our main evidence, we also find that financial analysts are more likely to issue optimistic earnings forecasts during political event periods. Collectively, our results imply that political incentives distort analyst opinions and political‐economic factors affect the corporate information environment in China.

Chinese Remake of Korean Films: Challenges and Strategies

This paper conducts an in-depth research and analysis on the challenges and dilemmas faced during the process of Chinese remake of Korean film, as well as the strategies to address these issues. Firstly, the paper reviews the historical development of cooperation between the Chinese and South Korean film industries, noting the rapid growth of the Chinese film industry around 2005 and the increasing collaboration with South Korea. However, with the changing times and the impact of political events, cooperation between the Chinese and South Korean film industries has gradually been restricted, leading to a shift towards transnational remakes. Subsequently, the paper explores the quality issues of Chinese remake of Korean film, analyzing aspects such as script adaptation, character development, and plot treatment. Particularly, focusing on the remake case of Sunny, it points out the shortcomings of Chinese remakes in retaining the essence of the original work, emotional resonance, and innovation. Finally, the paper proposes strategies to address these issues, including suggestions on emotional resonance and theme preservation, flexible plot adaptation and character development, and the incorporation of regional characteristics and innovative elements. By effectively applying these strategies, the quality and market performance of remake productions can be improved, achieving a win-win situation for both commercial and artistic endeavors.

Voice of Resistance: Exploring Apartheid, Power, and Race in Nadine Gordimer’s Selected Novels

This research article interprets Gordimer's novels as an expression of resistance against black oppression in pre-apartheid South Africa. Looking at her insightful and evocative depictions of some of the major political issues in selected works, the present work discusses their relevance and importance in the contemporary world. The current paper uses a qualitative approach to examine the impact of the apartheid regime on individuals and communities in South Africa, as well as the impact of political events on individuals, the author's preoccupation with power and its impact on people's lives as well as her treatment of race and related issues. Gordimer highlights how political events and power structures can influence and disrupt the lives of individuals and communities through her characters and their experiences. Her works offer a vivid and insightful critique of how apartheid regimes and other political systems are used to control and manipulate individuals and communities.

The Impact of Big Data Analytics on Stock Price Prediction in the Bangladesh Stock Market: A Machine Learning Approach

The stock market is a volatile and complex environment impacted by various unpredictable factors, making accurate stock price prediction challenging. This research paper explored the potential and capability of big data analytics and machine learning techniques in terms of enhancing stock price prediction accuracy in the setting of the Bangladesh stock market. The methodology adopted in the study entailed a data gathering process, which comprised collecting financial data from the Bangladesh stock market, such as news articles, financial statements, macroeconomic indicators, and historical stock prices. Based on a literature review, various fundamental and technical indicators are chosen as predictive features. The research paper employed a combined methodology that consolidates technical calculations and sentimental analysis to predict and forecast stock market patterns. By adopting machine learning and sentiment analysis techniques, this technique provides future predictions for the stock market while considering the impact of political events, economic factors, and dynamics in social media. The consolidation of big data analytics enables real-time predictions of stock market movements. The sentiment analysis algorithm facilitates prompt and extensive evaluations of tweets and news articles. As a result, the integration of technical and sentiment analyses greatly enhances the accuracy of stock market predictions.

Reaksi Pasar Modal Terhadap Peristiwa Pemungutan Suara Dan Pengumuman Hasil Quickcount Pemilihan Presiden Dan Wakil Presiden Republik Indonesia Tahun 2019

The problem in this study is that the capital market is an economic instrument that is very vulnerable and sensitive to variables outside the company, such as information on economic, political, legal, social, and human rights policy issues, thus making the capital market react to this information, be it a positive reaction or a negative reaction. The motivation for this observation is the impact of political events in the form of capital market reactions through abnormal yield and trading volume activities.Research conducted on an event that occurs (Event Study) uses a quantitative descriptive approach by conducting a comparative study using the paired sample T-test. The capital market did not react to the Voting event and the announcement of the results for the Quick count 2019 presidential and vice presidential elections, because there were no differences in Abnormal Return and Trading Volume Activity before and after these events. The announcement of voting events and results for the 2019 Presidential and Vice Presidential elections in the Republic of Indonesia did not affect the stock index and stock trading volume of the Indonesia Stock Exchange.
 
 Keywords : Election of President and Vice President, quick count, Abnormal Return, Trading Volume Activity

SUGAR INDUSTRY IN THE NEW ECONOMIC POLICY IN THE LEFT BANK OF UKRAINE: HISTORICAL CONTEXT

The article examines the situation of the sugar industry during the new economic policy in Left-Bank Ukraine. The task is to determine the working conditions of the industry, financing, land issue, and the impact of political events on the development of the sugar industry. The authors identify such important areas of research as recovery, production, achievements, the position of workers during production, the formation of sugar prices, and so on. It is necessary to take into account the conditions of the new economic policy, which significantly changed the life of sugar factories. The article examines the issues of sugar beet cultivation technology and technical support of the industry, the cost and competitiveness of sugar industry products. The article describes the impact of the new conditions on the management of sugar factories in Ukraine as a whole and separately in the Left-Bank Ukraine, as well as the activities of Tsukrotrest. The article examines the importance of the sugar industry for agriculture and for the country’s economy. The authors explore sugar factories in the Left-Bank Ukraine in the article, and also use a vivid example of the Tsyhlerivka Sugar Factory, which is located in the Kharkiv region. This helps to recreate a clear picture of the“ sweet life”, the specifics of the industry. It is concluded that the sugar industry in the NEP environment required a lot of effort to achieve high performance, and indeed, to produce highquality products for the Ukrainian population.

Accidental nation‐building in Africa

AbstractNational identity in Africa is routinely viewed as underdeveloped relative to ethnic identity because most states did not follow classic forms of nation‐building, such as mass schooling with nationalist content. Yet recent survey data show that national identity across the continent is more robust than most scholars predicted. What is driving national identification in Africa? What unifies Africans around common national identity? Existing theories are not well suited to explaining this question, because factors that they see as essential, such as higher levels of development and cultural cohesion, often do not exist. In this article, I suggest a new understanding of the strength of national identity, based on the impact of political events, such as peace, political stability and conduct of elections. Drawing on over 200 original interviews with Ghanaian respondents, I demonstrate how political stability in Ghana, contrasted with political turmoil in neighbouring countries, produces narratives about national identity.

Impact of Political Events on Stock Market Return: Empirical Evidence from Sri Lanka

The purpose of this study was to investigate the impact of uncertain political events on the daily index return on the Colombo Stock Exchange (CSE) from 1st May 2009 to 29th March 2018 and to address the paucity of knowledge related to the political events in emerging stock markets. Fifteen major political events were selected from the study period and compared its impact for 2, 7, 15, and 30 days, pre and post-event period using the mean-adjusted return model. The findings of this study answered two problems. First, the impact of the events on the All Share Price Index (ASPI) return. Second, the way that ASPI fluctuates in response to political events. Calculated average abnormal return and t-test results confirmed that political events have an impact on the market index, either significantly or insignificantly. Further, findings revealed that investors overreact to good political news while under-react to bad political news. But directions of the impact on the study subject depends on the constitution of the event and its market friendliness. CSE is inefficient in capturing the impact of an event in the short run but comes to its original state within 30 days of the post-event period. This study will help investors to predict the market and scholars, listed companies, government bodies and other interested parties to reinforce the knowledge.

The Impact of Political Events on Palestine Securities Exchange Returns: An Empirical Study between (1997-2016)

The Impact of Political Events on Palestine Securities Exchange Returns: An Empirical Study between (1997-2016)

The financial and market consequences of environmental, social and governance ratings

PurposeThis study aims to examine the combined impact of environmental, social and governance (ESG) ratings on the market and financial performance of Egyptian companies during the period from 2007 to 2016 and, thereby, determines the influence of the recent political revolutions –that broke out in the MENA region in early 2011 – on the association between ESG practices and corporate performance.Design/methodology/approachThe present work uses data from the S&P/EGX ESG index, which is the first of its kind in the MENA region. The ESG index is designed to increase the profile of companies listed on the Egyptian Exchange and is expected to boost the level and quality of ESG practices in the Egyptian context. The sample includes the 100 most active Egyptian companies in the Egyptian Stock Exchange as measured by the EGX 100 index in the financial year that ended in 2016. The sample begins in 2007, concurrent with the start of the ESG index, and ends in 2016. The period from 2007 to 2010 represents the pre-revolution period, and the period from 2012 to 2016 is the post-revolution period.FindingsFirms with high ESG ratings are found to enjoy a better financial and market performance. The authors found some evidence that the influence of ESG ratings on financial performance is more obvious after the revolutions than before the revolutions.Practical implicationsThis study provides insights regarding the impact of political events on the market in the Middle East region. Despite its increasing economic and political importance, this region still suffers from inadequate attention in the literature. The present work investigates the variances that evolved out of the events that started in early 2011 and the implications of these events on the market. The results of this study have implications for regulators and investors in the Egyptian stock market. The authors believe that the relatively new S&P/EGX ESG index provides a way to enhance ESG ratings in Egypt.Social implicationsThe results of the present study provide insights for policymakers regarding the usefulness of the sustainability indices.Originality/valueThe present results contribute to the growing literature on the economic consequences of ESG ratings, especially in relation to a context characterized by intense political/revolutionary changes. In particular, this study contributes to the few works that have addressed the economic implications of ESG ratings in emerging markets.

A clash-of-civilizations prism in German media? Documenting a shift from political to religious framing of the Israeli–Palestinian conflict

The impact of political events on media’s conflict coverage prism is widely established. To assess the role of mounting tensions between Muslims and non-Muslims in Europe in 2013–2014 on German media’s coverage prism of Muslim-related conflicts, this article compares coverage of the 2008 and 2014 Israeli military operations in Gaza by three major German newspapers. The empirical analysis indicates a dramatic rise in the use of religious terms in 2014, most notably in conservative newspaper Die Welt, and offers evidence of a shift from politics-centered framing of the 2008 Gaza operation to a more religious-centered framing of the 2014 Gaza War. We discuss wider implications of the findings, including their support for the relevance of the clash-of-civilizations theory to contemporary media’s conflict coverage modus operandi.

The impact of political events on the fate of the monuments of Rudolf Valdec

The article discusses the monuments of Rudolf Valdec, who, apart from Robert Frangeš — Mihanović, was the first Croatian modern sculptor (March 8, 1872, Krapina — February 1, 1929, Zagreb). It considers the reasons for the non-completion of his monuments to Bishop J. J. Strossmayer in Zagreb (the commission went to Ivan Meštrović, bypassing the competition) and in Osijek. The crucial reasons were related to religion, politics and worldview, not art and aesthetics. This proposition is confirmed by the statue standing in Đakovo today made by Osijek sculptor Marijan Sušac, after a sketch by Valdec, put up to mark the 750th anniversary of the founding of the See of Đakovo. Valdec also created two equestrian monuments to King Petar I of Serbia. The first was erected in Veliki Bečkerek (later renamed Zrenjanin) in 1924, and the second in Bijeljina in 1935 (although the sculpting work was completed in 1927). They were taken down when the Germans occupied Yugoslavia in 1941. In 2005, Serbian sculptor Zoran Jezdimirović put up an equestrian statue of the king in Zrenjanin that is practically identical to that of Valdec. In Bijeljina, too, in 2009, the Valdec monument to Petar I was reconstructed and once again erected. In other words, as circumstances changed over the course of time, so the monuments were shifted and once again put up.

Racialized political shock: Arab American racial formation and the impact of political events

ABSTRACTThis article explores significant factors influencing the process of Arab American racial formation. I bring into conversation theories of racial formation and ‘political shock’ in social movement scholarship to develop the notion of ‘racialized political shock’ as an important factor in how racial and ethnic groups mobilize and organize. Many moments of political shock are highly racialized and have the potential to reorder the racial and ethnic landscape in ways that can open opportunities or introduce constraints to mobilizations around racial formation. Drawing on existing studies of Arab Americans, this paper highlights how Arab American racial formation has been galvanized during moments of racialized political shock. In the Arab American case, these moments have led to a call for recognition outside the category of white. I conclude by outlining ways forward in the study of Arab Americans, who have been overlooked in studies of race and ethnicity in the US.

Swedish merchant shipping in troubled times: The French Revolutionary Wars and Sweden’s neutrality 1793–1801

This article focuses on Swedish merchant shipping in the first decade of the French Revolutionary Wars, when Sweden, due its neutrality, expanded its trade and shipping. The article attempts to balance two contradictory views of neutral shipping: that of high risks of seizure by belligerents, and that of wartime profits. Three different perspectives are employed to demonstrate the complexity of neutral shipping business. Registers of ship documents ( fribrev and Algerian sea passes) show the relatively limited impact of political events on shipping activities. Legal documents in diplomatic correspondence illustrate practically how the cases of seized ships were handled on both political and court levels. The debate in print on the case of ship Maria (the convoy affair of 1798) indicates how the issue of neutral prizes became incorporated into the political discourse on international relations and law of nations.

The Impact of Political Events Related to European Fiscal Governance on the Volatility of a Time-varying Risk Premium in Euro Foreign Exchange Markets: The Early Years of European Fiscal Governance

This article examines whether and to what extent non-scheduled and scheduled political events concerning the European fiscal governance have influenced the volatility of the euro risk premium. In particular, this study estimates how political behavior by the European Commission, the Economic and Financial Affairs Council, and the European Council has impacted the volatility of a time-varying risk premium of the euro vis-a-vis the US dollar and the Swiss franc. Analyzing daily data, the empirical results point to crucial shortcomings of the legal framework of European fiscal governance, which are detectable even in this legal framework’s early years.

The Exile of Metaphysics: Adorno and the Language of Political Experience

AbstractHow do our personal and political experiences shape the way we perceive and conceptualize the world? How does the impact of political events on our personal lives relate to the “ultimate” metaphysical questions? For Theodor W. Adorno, these questions are profoundly interconnected, albeit in a complex way. Although Adorno himself spent “only” eleven years of his life in exile, those years irreversibly shaped his philosophical thinking. Exile and migration – political life experiences shared by millions in the twentieth century – are for Adorno far more than objective historical conditions; they have far-reaching linguistic, epistemological and metaphysical implications. The possibility and impossibility of expressing oneself coherently in another language, the necessity of understanding and integrating into a new culture, the emotional and geographical distance from one’s place of origin and socialization: for Adorno, these issues lie at the core of philosophical thinking in the twentieth century. This paper discusses Adorno’s personal views on his own political experience of exile from and return to his native German culture, as well as the conclusions he draws for an understanding of metaphysics in times of exile and migration.

Country Risk Management in a Developing Country

The recent events in Syria, Iran, Iraq, Tunisia, Egypt, Libya and Pakistan have highlighted the importance of political events to business. Government actions, furthermore, are increasingly pervading all spheres of business activity. Since political events and government actions may affect enterprise performance, there is a need to take them into account in planning and executing strategy. As a response to the increasing impact of political events on business, a new function concerned with the assessment of country risk is gradually emerging in enterprises. Yet, this function is not without its obstacles. This study reports on the obstacles that plague the country risk process in multinational enterprises. In order to achieve this aim, interviews have been conducted with related persons in Jordanian enterprises, who are involved in risk management. It was found that the majority of Jordanian interviewees are unsatisfied with their existing approach for assessing country risk. This research has also offered suggestions for improving practice and offered directions for further research.

Impact of political events on stock market returns: empirical evidence from Pakistan

Purpose – The purpose of this paper is to investigate the relationship between uncertain political events and Pakistani Stock Markets from May 1999 to December 2011. Design/methodology/approach – Using the mean-adjusted return model and event study methodology and by comparing the market efficiency between the two government style, i.e. autocratic and democratic, the authors determined that how uncertain political events are affecting Pakistani Stock Markets. Findings – The empirical result shows that political events have an impact on the Karachi Stock Exchange (KSE) returns. Moreover, the paper derives from the results that the KSE is inefficient for a short span of time, after 15 days KSE absorbs the noisy information. The political situation in Pakistan was more stable in autocratic government structure than in democratic structure but it is difficult to state that the stock markets are more efficient in Autocracy because only few events took place during an autocratic regime and magnitude of events was not same in the autocratic and democratic government structure. Originality/value – This study is unique in its nature as it examines the effect of multiple political events on stock market returns in Pakistan simultaneously and is expected to contribute significantly in the capital market literature of Pakistan in particular.