Large Funds Research Articles

Capturing the impact of accounting and regulatory variables on stock prices of banks – an empirical study of Indian banks in panel data modeling

PurposeAnalysts expect reduced bank earnings as a result of the impact of the increase in bad loans. Banks have strategically created high provision coverage ratios allocating large funds for possible deterioration in asset quality. Given the expected faster growth and recovery in the bank lending sector, investors have always been interested in banking stocks, despite the waves of non-performing assets (NPAs) and recessionary influences. Historical references reiterate that the banking stocks have been better performers in their returns compared to the capital markets.Design/methodology/approachThe study aims to examine the impact of key accounting variables on the stock prices of Indian banks in the panel data framework.FindingsThe current study explores the impact of accounting variables on the market prices of shares. After the study, it may be concluded that earning per share (EPS), return on equity (ROE), capital adequacy ratio (CAR) and net interest margin (NIM) have an incremental impact on the prices of banking stocks, and the current ratio (CR) and NPAs have a detrimental impact on them.Practical implicationsStudying their impact on stock prices is the most convenient fundamental analysis that could be conducted on the stock prices of the banks.Originality/valueTo provide insights into the association of the accounting and regulatory variables there is a severe limitation in the quantity of the literature available. This study has attempted to build a relationship between the accounting and regulatory variables and the stock prices of banking stocks, to help investors with some reliable methods to estimate the stock prices in the future.

Evaluation of complementary objective structure clinical examination of pregnancy in bachelor program midwifery education of mitra bunda health institute

Bachelor of Midwifery Education is education directed at expertise in performing midwifery skills. The form of skill improvement can be done by applying OSCE which is a method of assessing students' abilities in managing midwifery cases. This study aims to evaluate the implementation of Complementary OSCE in the Bachelor of Midwifery Study Program, Mitra Bunda Health Institute. Sequential explanatory design. The results of quantitative research obtained a total score of 75 out of 92 maximum scores that must be met. The results of the qualitative analysis show that OSCE has not been implemented according to standards. The implementation of standardized OSCE has not been carried out well in undergraduate Midwifery study programs because of the need for preparation and large funds for procuring standard patient trainers and standard patients and standardized equipment.

Bond Mutual Fund and Exchange-Traded Fund Flows in Stressed Markets: Empirical Evidence on the Destabilization Hypothesis

The proposed mechanism for what we term the destabilization hypothesis<i></i>is that an exogenous shock triggers large redemptions by fund investors, requiring fund managers to sell securities to raise cash, leading to further drops in security prices and increased systemic risk. Although a large body literature finds little evidence of fund-driven fire-sales in bond markets, the destabilization hypothesis has seen renewed interest among academics and policymakers in the context of bond funds. We examine the impact of shocks on US bond fund flows by sub-asset class and by type of investment vehicle. The time-series analysis we conducted shows that a risk-off shock to markets does not necessarily result in large bond fund outflows. Accordingly, we conclude that there is little evidence that bond funds are a source of systemic risk, particularly bond exchange-traded funds. We also find no evidence of a non-linear response of flows to large shocks.

ASSESSING LOCAL GOVERNMENT PERFORMANCE TO MANAGE POVERTY ALLEVIATION PROGRAM BASED ON VALUE FOR MONEY APPROACH

Various kinds of poverty reduction programs and activities have been implemented with large budget funds, but it is still difficult to see a clear justification on poverty reduction as a consequence of the policies that have been carried out. In order to increase the synergy of poverty reduction programs and to stimulate the economy of poor families, this research aims to measure the performance of the government of Pasuruan Regency by using a value for money approach based on the performance budget of a program, which uses the economy, efficiency, and effectiveness ratio. This research uses a case study research with a qualitative approach. Findings of this study indicate that the average economic ratio of the overall achievement ratio is 82.4%, it is considered economical. Overall, the efficiency ratio of the Pasuruan Regency Government's performance has been efficient, which is 134.1%,. Meanwhile, the effectiveness ratio obtained an average result of 122.41% thus it can be classified the performance of the Pasuruan Regency Government as a whole is considered effective, however, the performance of the two programs from the Health and Fisheries sector is considered ineffective. It still need a depth follow up on those programs to get a better synergy, comprehensive strategy in eradicate poverty.

Case Auditor Change in Indonesia

This study aims to analyze the effect of profitability and corporate financial distress on auditor turnover in Indonesia. This study uses descriptive and verification methods with a quantitative approach. The population used in this study are 56 annual financial statements of Manufacturing Companies in the Pharmaceutical Sub-Sector which are listed on the Indonesia Stock Exchange. The results showed that profitability had a significant effect on auditor turnover. This shows that the profitability of a developed company has large funds to replace a better auditor. While the company's financial difficulties have no significant effect on auditor turnover, which means that the change of auditors will ensure the company's financial condition so that auditor changes will not be carried out when the company is in financial difficulty. The impact of this research, manufacturing companies can consider carefully in making decisions to change auditors.

ANALISIS SWOT KESEMPATAN BERKARIR ALUMNI AKADEMI KOMUNITAS DI BADAN USAHA MILIK DESA

The large village funds managed by the village currently allow villages to form Village Owned Enterprises (BUMDes). There are several types of BUMDes, namely Serving, Banking, Renting, Brokering, Trading, Holding, and Contracting. This study aims to conduct a SWOT analysis of career opportunities for alumni of the Community Academy at BUMDes. This research is located in West Aceh District with research on alumni of the West Aceh State Community Academy and BUMDes located in 6 (six) villages within the West Aceh district. This study uses a correlational method where research data collection is done by direct observation and distributing research instruments in the form of a questionnaire. The results of the study indicate that the West Aceh State Community Academy needs to increase cooperation with various parties so that the Alumni of the West Aceh State Community Academy can improve their abilities and be absorbed in BUMDes.

Achieving cleaner water for UN sustainable development goal 6 with natural processes: Challenges and the future

UN Sustainable Development Goal 6 aims to achieve clean water for all. Access to clean water is a basic human right but can be costly and challenging. Using natural processes to provide cleaner water for treatment is a cost effective, and often beneficial to other ecosystem services, method. Unfortunately, there are a number of barriers to the implementation of natural processes for cleaner water such as the difficulty of funding these nature-based solutions which is linked to the requirement of accurate valuation. Once funded, partnership with land practitioners is important to ensure that detrimental impacts are not experienced elsewhere and to ensure that these natural processes such as ponds and constructed wetlands are maintained and managed appropriately. The future in the United Kingdom and Europe, in general, is optimistic despite the large funding gap for nature-based solutions overall. Green finance, essentially a loan or investment to support environmentally-friendly activities, has been developed to funnel money towards sustainable investments with an environmental focus, and the percentage of world wealth spent on such investments has increased.

A Tale of 2 Countries: Implementation of the Cold Chain Equipment Optimization Platform in Guinea and Kenya.

In 2016, the Gavi Cold Chain Equipment Optimization Platform (CCEOP) was approved and launched in recognition of the fact that functional cold chain equipment (CCE) is essential to strengthening vaccine supply chains and ultimately achieving Gavi's immunization equity and coverage goals. Through CCEOP, Gavi committed to investing US$250 million between 2016 and 2021 to commission CCE in more than 63,000 facilities to upgrade and expand their CCE footprint while stimulating the market to provide affordable, technologically advanced, and accessible equipment. We present case studies from Guinea and Kenya, both of which received CCEOP support, that highlight 2 ways for countries to prioritize investments and implement activities through a large funding and support mechanism. The studies explore the different ways that each country implemented CCEOP and consider how aspects of leadership and technical capacity influence country priorities and results. They also uncover key lessons on sustainability of a large immunization supply chain effort. The experiences of Guinea and Kenya can help other countries embarking on similarly large health system interventions, especially related to supply chain strengthening and immunization programs. In particular, these experiences offer important lessons in leadership, processes and systems, country ownership, technical capacity, and sustainability.

Green Urban Development: The Impact Investment Strategy of Canadian Pension Funds

This paper investigates the investment strategy that large Canadian pension funds implement in the private real estate market. Even though they manage just 6% of global pension assets in our data, Canadian pension funds are responsible for 60% of the total value of private real estate deals that directly involve a pension fund. A key component of their strategy consists of internally developing and greening urban properties in core downtown areas. Using a common benchmarking methodology across funds, we show that this impact strategy delivers superior performance net of fees and drives the green development of major city centers.

The debt-equity choice in crowdfunding: a two-method approach

ABSTRACT Securities-based crowdfunding has evolved into an important source of financing for small and medium-sized enterprises (SME), but little is known about how crowdfunding campaigns fit into the capital structure decisions of SMEs. Combining insights from SME capital structure and crowdfunding literatures results in high ambiguity, as crowdfunding seems to change SME financing dynamics, but in an uncertain direction. We construct variables based on previous work on SME capital structure literature to empirically test which characteristics help explain the choice to seek either equity or debt funding among firms using crowdfunding. We use 713 equity and 403 debt campaign announcements registered with the U.S. Securities and Exchange Commission under Regulation Crowdfunding. Our empirical procedure includes both the traditionally used logistic regression method as well as a random forest classifier. We find that less-established firms with smaller funding needs are more likely to issue equity, whereas firms with strong growth momentum and larger funding needs prefer debt.

Penyusunan Data Dasar Masyarakat sebagai Upaya Pembaharuan Data di Desa Wolosambi Kecamatan Lio Timur Kabupaten Ende

Development in rural areas has become a concern of the central government where in the last decade, the government has disbursed large funds for each village. This village fund is used for development in the village. For this purpose, the validity of village data is very important for the process of analysis and preparation of programs for village development. The priority of development in the village is the spearhead of public services in Indonesia, where the village is in direct contact with the community. The purpose of this activity is to compile basic community data as an effort to update data in Wolosambi Village, East Lio District, Ende Regency. The activity of compiling the basic data profile of the population of Wolosambi Village, Lio Timur District, Ende Regency was carried out through several stages, namely coordination, data collection, data compilation, data processing, preparation of village basic data profile and product delivery. Based on the results of observations and analysis, a Wolosambi Village Profile is produced which includes a general description of the Wolosambi village profile.

Stop-loss early termination clause and hedge fund performance

This paper is the first to empirically examine the incidence, determinants, and consequences of the stop-loss early termination clauses (SLCs) in the hedge fund industry. The SLCs force hedge funds to be terminated when their cumulative losses breach certain thresholds. We find 14% of hedge funds in China have SLCs. Fund management companies with higher previous performance and risks are more likely to establish funds with SLCs. And funds with SLCs generate higher future performance. Further, funds become more risk-averse when they approach to the termination thresholds, especially for large funds. We attribute the better performance of funds with SLCs to prompt terminations of bad performing funds.

Analisis Faktor-Faktor yang Mempengaruhi Kebijakan Hutang Perusahaan Subsektor Batu Bara yang Terdaftar di Bursa Efek Indonesia

A company has a goal that is to experience continuous growth by getting maximum income and profit so that survival in a company can run well. In achieving this goal, large funds and capital are needed to support all activities within a company. Funds are divided into two categories, namely internal funds and external funds. The debt to equity ratio indicator is used in this study with debt policy as the dependent variable. This study aims to analyze the effect of business risk, asset structure, firm size and profitability on the debt policy of coal companies. In this research, using multiple linear regression analysis method with SPSS 25 program to process the data. The data used is secondary data which is the annual financial report of coal subsector companies on the Indonesia Stock Exchange in 2018-2020. The observation data used are 66 data, and there are 5 data outliers, so the total data is 61. The results of this study indicate that business risk has a positive and significant influence on debt policy, asset structure and firm size have no significant effect on debt policy, and profitability have a negative and significant impact on debt policy. The conclusion from the discussion is that high business risk contributes to an increase in debt. Meanwhile, asset structure, firm size and high profitability contributed to the decrease in debt.

USING A COMPUTERIZED DECISION SUPPORT SYSTEM IN THE WORK OF MEDICAL SERVICES

In this paper, we will look at a computer decision support system and its use by medical services to facilitate first aid in emergency situations. Information and communication technologies are often offered as "technological assistants" to solve problems facing health services. They can streamline the patient care process and do it faster and cheaper. However, a study of currently implemented technologies shows a large number of delays and errors in their work, which often leads to fatal consequences, because the health and life of the patient is often at stake. There are also financial barriers to the introduction of reliable systems in the health services, because large funds are needed to re-equip them.

Ichtyofauna in Kayan Watershield Bulungan Regency, North Kalimantan

The Kayan River is the longest in North Kalimantan, inhabited by various types of aquatic biota. However, in recent times there have been established multi-national oil palm plantations and mining around the Kayan River which will have an impact on the Kayan River ecosystem. The aim of this study is to determine the ecological status of the Kayan River based on current conditions. Fish sampling is carried out along the Kayan River starting from the upper reaches of the Bahau River to the downstream. Identification of fish is based on the Fishbase Organization, FAO and Kottelat. Measurement of water discharge using the SNI 8066: 2015 method, Total Suspended Solid refers to SNI 06-6989.3-2004. Determination of species diversity using the Shannon-Wiener Index, while the measurement of dominance index uses the Simson Index. The results obtained 37 species from 16 families during the 2019-2020. The family of Cyprinidae is the largest fund with 32%. Among the 37 species found 9 native species of Kalimantan, 3 invasive species, 1 species of saltwater fish, and 2 species of fish are included in the IUCN red list. Fish that are included in the endemic/native category of the Kayan River are Anguilla borneensis, Hemibagrus capitulum, Nematabramis alettes borneensis, Clupeoides borneensis and Osphrenemus septemfaciatus, and Pangasius rheophilus. Based on the results of the study, it can be concluded that the ecological status of the Kayan River fish is still considered very good and stable during the research period.

Consider how unionization rules could impact your athletics programs

With a student‐athlete's right to negotiate for payments for the use of their name, image, and likeness now firmly established, many student‐athletes are capitalizing on individual and group/team‐based marketing opportunities in a variety of ways. While they certainly welcome this new income stream, there's a large external funding source in the form of media rights payments that remains untapped and appealing from the student‐athletes’ perspective. Indeed, various news reports indicate that the payments received by many schools from the sale of their individual and collective media rights appear to be increasing in size.

Trends and Correlates of Early-Life Exposure to Acid-Suppressant Therapy in Israel (2005-2020)

To describe trends and correlates of acid-suppressant therapyusage during the first year of life. A population-based cohort in a large state-mandated health fund in Israel, including members born between 2005 and 2020, was conducted. Acid-suppressant therapy initiation was defined by any purchase within the first year of life. The association between acid-suppressant therapy initiation with medical and sociodemographic characteristics was assessed via logistic regression. Among 595 860 children, acid-suppressant therapy was initiated in 22 412 (37.6 per 1000). The incidence rate increased by 2.8-fold from 18.2 per 1000 in 2005 to 51.0 per 1000 in 2020, furthermore the median age at initiation decreased. Primary care providers accounted for 74.8% of prescribing physicians in 2005 vs 96.1% in 2020, whereas the prevalence of prescribing gastroenterologists decreased from 18.8% to 2.8%. Preterm birth and small weight per gestational age were associated with acid-suppressant therapy usage, with an aOR of 4.23 (95% CI 3.59-4.99), 3.05 (95% CI 2.72-3.42), and 1.65 (95% CI 1.58-1.74) for extreme, very, and moderate preterm vs term birth and aOR 1.22 (95% CI 1.16-1.28) for small weight per gestational age. Birth order was inversely associated with acid-suppressant therapy initiation, with aOR 0.62 (95% CI 0.60-0.65) for third born vs firstborns. High socioeconomic status was linearly associated with initiation, with aOR 1.12 (95% CI 1.11-1.12) per 1-point increase on a 10-point score. Our analysis demonstrates a substantial increase in early life exposure to acid-suppressant therapy during recent years in Israel. Correlates for initiation in early life were identified to define a population for intervention to reduce potential unnecessary use.

How taxes impact the choice between an annuity and the lump sum at retirement

AbstractWe analyze how taxes affect the choice between a life-long annuity and a one-off lump sum payment, the so-called annuitization decision. Using administrative data from a large Swiss pension fund, we impute taxes for the lump sum and the life-long annuity option. We show that taxes can explain a significant part of the variation in annuity rates. Exploiting kinks in the tax schedule of the one-off lump sum, we further find evidence for tax optimization strategies. Our findings suggest that individuals react strongly to tax incentives when making retirement choices.

IMPLIKASI ZAKAT BAGI MEMBANGUNKAN USAHAWAN BARU DI KOTA MEDAN

The purpose of this study was to determine the effect of Zakat, Infaq and Productive Sadaqah on the growth of new enterpreneur and mustahiq welfare in Medan City. This study belongs to the explanatory or confirmatory research category, which is to get an explanation of the relationships between variables. The object to be investigated / analyzed is the variable productive Islamic charity (ZIS) with new enterpreneur and welfare of mustahiq variables in LAZISMU Medan. This research is a Qualitative research. The results showed that Zakat, Infaq and Productive Sadaqah had an effect on the growth of new enterprenuers in Medan City. The potential of ZIS in Medan City is actually quite large, if they distribute their zakat through the Lazismu in Medan City, a larger fund will be collected for the benefit of the ummah.

Comparative Analysis of Return, Net Flow and Expense Ratio of Selected Open – Ended Mutual Fund Schemes

Mutual fund industry in India has revealed a significant growth since its inception in the year 1963 even then it is far behind the developed as well as most of the emerging markets operating globally. One of the most important functions of the mutual fund industry is to mobilize the savings of the households and park their small savings in capital assets with the aim to provide them better risk adjusted return. The present study has tried to compare the return, net flow and expenses ration of the broadly classified mutual funds i.e. large cap, mid cap and small cap. Data on the selected variables have been taken for the period of 11 years from 2011 to 2021 and analyzed using one way anova. Outcomes of the study revealed that the mean return of small cap funds is highest followed by mid cap and large cap. On the basis of the outcomes this study concluded that in present there is no significant difference among the return of large cap, mid cap and small cap funds. For the variable net flow this study revealed that the average net flow of large cap funds is highest followed by small cap and mid cap funds. On the basis of the outcomes this study concluded that there is a significant difference among the net flow of large cap, mid cap and small cap funds. Average expenses of large cap funds are found lowest followed by small cap and mid cap funds. On the basis of the outcomes this study concluded that there is a significant difference among the expenses ratio of large cap, mid cap and small cap funds.