Insignificant Negative Effect Research Articles

The Public Debt Conundrum: Unpacking Its Effects on Nigeria’s Economic Progress

The study assessed the effect of public debt on economic progress in Nigeria from 1986 to 2022. It investigates the connections among gross domestic product growth rate which is used to measure economic progress, domestic debt, external debt, gross capital formation and exchange rate to throw light on their effect on the path of economic progress of Nigeria. Employing ARDL method, with data sourced from Central Bank of Nigeria Statistical Bulletin and World Bank Development Indicators. Findings reveals that domestic debt and external debt had a positive insignificant short-term effect on Nigeria’s economic progress and both domestic and external debt have an adverse effect on Nigeria’s economic progress in the long term. Also, gross capital formation had an adverse insignificant effect both in the short and long term, exchange rate had a negative insignificant short-term effect, but its long run effect was positive and significant on Nigeria’s economic progress. A long run cointegrating equilibrium relationship was established among the variables in the study. Based on the findings, the study recommends among others that policy makers should manage debt prudently, avoid over reliance on debt as it is only a short-term solution, boost revenue generation and capital formation to drive economic progress and manage exchange rate properly to avoid fluctuations as it has potential to boost Nigeria long-term economic progress.

Pengaruh Keputusan Investasi, Keputusan Pendanaan dan Kebijakan Dividen Terhadap Nilai Perusahaan pada Perusahaan Sub Sektor Kesehatan yang Terdaftar di Bursa Efek Indonesia (BEI) Periode 2020-2022

This study aims to analyze the influence of Investment Decisions, Funding Decisions and Dividend Policies on Company Value in Health Sub-Sector Companies Listed on the Indonesia Stock Exchange for the 2020-2022 Period. This research is an associative quantitative research. Samples using purposive sampling techniques. The sample amounted to 11 companies from 31 health sub-sector companies listed on the Indonesia Stock Exchange for the 2020-2022 period. Multiple linear regression data analysis technique using SPSS 2022 for windows software. The data analysis used is normality test, heteroscedasticity test, autocorrelation test, multicolonicity test, multiple linear regression test, t test, f test and determination coefficient test. The results showed that Investment Decisions had an insignificant negative effect on company value, Funding Decisions had a positive insignificant effect on company value and Dividend Policy had a negative insignificant effect on company value.

Marketing Strategies and Sales Performance of a Manufacturing Company

This study was carried out to investigate how marketing strategies, consisting of product, price, place, and promotion strategies, affected the sales performance of a food and beverage manufacturing company. A review of extant literature indicated the need for studies, in this regard, in Nigeria’s food and beverages industry. The study adopted a survey research design. Two hundred and seventy four employees of a food and beverage manufacturing company in Lagos State were studied. Data were collected on a four-point scale ranging from strongly disagree, 1, to strongly agree, 4. Mean and standard deviation values of statements relating to marketing strategies were obtained from descriptive statistics while inferential statistics based on multiple regression analysis produced results that determined the effects of marketing strategies on sales performance. The results indicated statistical significance [F(4,269)df = 4783.108, p < .05)] for the effect of marketing strategies on sales performance. Product (β = .478, t = 5.588, p < .05), place (β = .454, t = 5.360, p < .05), and promotion (β = .075, t = 1.773, p > .05) strategies had positive effects on sales performance while price strategy indicated insignificant negative effect (β = -.023, t = -.626, p > .05) on sales performance. Marketing strategies explained 98.6 percent variation in sales performance. The conclusion of the study indicated a need for the managers of the company to increase the tempo of premium-pricing promotion strategy and advertisements in the social and electronic media as well as reevaluate the pricing strategy of the company as a means of improving its effectiveness by increasing the chances of achieving the objectives of cost recovery and meeting the needs of customers.

Sustainability Reporting and Earnings per Share of Listed Industrial Goods Firms in Nigeria

This study investigated the effect of sustainability reporting on earnings per share of listed industrial goods firms in Nigeria. The specific objectives were to determine the influence of environmental sustainability disclosures on earnings per share of listed industrial goods firms in Nigeria; examine the effect of economic sustainability disclosures on earnings per share of listed industrial goods firms in Nigeria, and evaluate the influence of social sustainability disclosures on earnings per share of listed industrial goods firms in Nigeria. The study adopted an ex-post facto research design and utilized panel data of one hundred and twenty (120) pooled observations gathered across a sample of twelve (12) listed industrial goods firms in Nigeria over ten (10) years (2013-2022). The study employed descriptive and inferential (correlation and panel data Generalized Method of Moments) techniques to analyse the data collected via Eviews 10.0 statistical package. The study findings revealed that environmental sustainability disclosure (Coeff. = -102.0933{0.0000}) has an insignificant negative effect on earnings per share of listed industrial goods firms in Nigeria, while economic sustainability disclosure (Coeff. = -6.5026{0.0000) has a significant negative effect on earnings per share of listed industrial goods firms in Nigeria and social sustainability disclosure (Coeff. = 29.72095{0.0000}) has a significant positive effect on earnings per share of listed industrial goods firms in Nigeria. Given these, it was thus concluded that sustainability reporting has a significant effect on earnings per share of listed industrial goods firms in Nigeria at a 5% significance level. The study recommended, amongst others, that firms should strengthen social sustainability efforts by prioritizing ethical business practices, fostering strong relationships with stakeholders, and actively engaging in socially responsible initiatives to not only improve earnings per share but also build a sustainable and resilient business model.

Corporate Attributes and Financial Reporting Quality of Listed Information Communication Technology Firms in Nigeria

The demand for high quality financial information is increasing. It has become imperative in a developing economy such as Nigeria, especially in the information communication technology (ICT) sector due to globalisation and expansion of businesses beyond the national borders. Accordingly, companies are obliged to satisfy the information needs of both local and foreign investors by providing them with relevant and comparable financial reports. The main objective of this study was to examine the effect of corporate attributes on financial reporting quality of ICT firms listed on the floor of Nigeria Exchange Group from 2013-2022. The independent variable of the study being corporate attributes was proxied by firm size, firm age, firm profitability, auditor type and assets tangibility while the dependent variable being financial reporting quality was measured using the IASB Conceptual Framework qualitative characteristic model. The research design adopted in this study was ex post facto, secondary data was used and the population of study was 11 listed ICT firms in Nigeria. The hypotheses of the study was tested using pool ordinary least square technique and the statistical package employed was E-views version 10. From the outcome of the analysis, it was found out that firm size has a significant but negative effect on the financial reporting quality; firm age has an insignificant negative effect on the financial reporting quality; firm profitability has a negative and insignificant effect on the financial reporting quality; auditor type has significant positive effect on financial reporting quality; firm asset tangibility has a significant but negative effect on the financial reporting quality of ICT firms in Nigeria. Thus, it was concluded that corporate attributes enhance financial reporting quality of firms in Nigeria. Based on the foregoing, it was recommended among others that the management of ICT firms should carefully select reputable and experienced audit firms to enhance the credibility and reliability of their financial statements. More also, ICT firms should reduce the amount of tangible non-current assets in their assets base as they have negative influence on financial reporting quality.

PENGARUH NILAI TUKAR, SUKU BUNGA SBI DAN PROFITABILITAS TERHADAP HARGA SAHAM PADA PERUSAHAAN SUB SEKTOR TELEKOMUNIKASI YANG TERDAFTAR DI BEI PERIODE 2017-2021

This research aims (1) to determine the effect of the exchange rate on stock prices listed on the Indonesia Stock Exchange for the 2017-2021 period, (2) to determine the effect of the Bank Indonesia Certificate Interest Rate on stock prices listed on the Indonesia Stock Exchange for the 2017-2021 period, (3 ) to determine the effect of profitability on stock prices listed on the Indonesia Stock Exchange for the 2017-2021 period, and (4) to determine the simultaneous effect of exchange rates, Bank Indonesia Certificate interest rate and profitability on stock prices listed on the Indonesia Stock Exchange for the 2017-2021 period. . The method used in this study is a quantitative method. The test results are linear regression equation Y = 65.450 – 6.052 X2 + 0.330 X1 – 0.100 X3 + e. Partially, the exchange rate has a significant negative effect with a t-count value of -3.084 and a significance value of 0.003. The Bank Indonesia Certificate interest rate has no significant positive effect with a t-count value of 0.852 and a significance value of 0.396. Profitability has an insignificant negative effect with a t-count value of -1.658 and a significance value of 0.100. Simultaneously the exchange rate, Bank Indonesia Certificate interest rate and profitability affect the stock price with a value of 0.008. The Adjusted R Square value of exchange rates Bank Indonesia Certificate interest rate, and profitability on stock prices is 9.6% while 90.4% is influenced by other variables not discussed in this study.

PENGARUH RETURN ON ASSETS, LEVERAGE DAN KOMITEAUDIT TERHADAP TAX AVOIDANCE PADA PERUSAHAAN MANUFAKTUR SEKTOR INDUSTRI BARANG KONSUMSI YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2018-2022

The aim of this research is to see the partial influence of Return on Assets, Leverage, Audit Committee on Tax Avoidance. The type of research used is quantitative research. The sampling technique uses a purposive sample method. The population and sample in this study were 114 manufacturing companies in the consumer goods industry sector listed on the Indonesia Stock Exchange. The type of data used is secondary data using data sources taken from previously available research. The data analysis techniques used are: descriptive statistical analysis, classical assumption test, multicollinearity test, multiple linear analysis test, hypothesis test. In this research, SPSS version 26 for Windows was used to test validity, reliability and descriptive analysis to test hypotheses. The results of this research show that: Return on Assets has a significant negative effect on tax avoidance, Leverage has a significant positive effect on tax avoidance and the Audit Committee has an insignificant negative effect on tax avoidance.

An empirical investigation of capital flight and economic growth nexus in Africa

ABSTRACT This paper investigates the impact of capital flight on economic growth in Africa using 54 African countries from 2000 to 2021. The study employed the GMM and the dynamic panel threshold regression estimation techniques. GMM results revealed that capital flight negatively and significantly affects economic growth in Africa. The study also revealed that external debt repayment and outward foreign direct investment, proxies of capital flight, have a negative and significant effect on economic growth in Africa, except foreign portfolio investment outflow, which positively and insignificantly influences economic growth. Again, the dynamic panel threshold estimation results also revealed that capital flight negatively affects economic growth at all levels of capital flight in Africa. The study also revealed that all the proxies of capital flight, external debt repayments, foreign portfolio investment outflows, and outward foreign direct investment negatively and significantly affect economic growth above a certain threshold. However, external debt repayment has an insignificant negative effect on economic growth below the threshold in Africa. Based on the findings, African countries should implement stringent policies to curb capital flight and regulate external debt repayments and outward foreign direct investment to enhance economic growth.

Minimization of Audit Report Lag through Corporate Governance and Audit Matters: Empirical Study on LQ 45 Companies Listed on the Indonesia Stock Exchange

Timely publication of financial statements needs to be done by companies so that stakeholders can make decisions according to their needs. This study uses a quantitative approach to explore how corporate governance and audit matters affect the length of time for financial report publication. The research population came from LQ-45 index companies and listed on the Indonesia Stock Exchange (IDX) in 2020-2022 which were analyzed using Multiple Linear Regression Analysis. The purposive sampling technique was used to select 90 research samples. This study uses secondary data from the official website of the Indonesia Stock Exchange (IDX) and the company's official website. The findings of this study are that the audit committee and independent commissioners have a significant negative effect on audit report lag, but key audit matters show an insignificant negative effect. Future research is expected to expand the sample to other industries or examine factors such as business complexity, level of regulation, and economic conditions. This research has important implications for the government, OJK, companies, and KAP. The government and OJK can design policies to encourage effective corporate governance practices, while companies and KAP can use the results of this study as motivation to increase transparency and accountability in audit reports.

Pengaruh Profitabilitas, Likuiditas, Leverage Terhadap Nilai Perusahaan pada Perusahaan Properti Yang terdaftar Di Bursa Efek Indonesia

This research aims to analyze the influence of profitability, liquidity also leverage on company value in property companies listed on the Indonesia Stock Exchange(BEI)for the 2019-2023 period. Profitability is measured using Return on Assets(ROA), Liquidity is measured using Current Ratio(CR), also Leverage is measured using Debt to Equity Ratio(DER), Company value is measured using Price to Book Value(PBV). This research uses quantitative research methods. The population of this research is all property companies registered on the IDX for the 2019-2023 period, namely 18 companies. The sample selection in this study used purposive sampling with certain criteria so that 5 data samples were obtained for research. The data used is secondary data obtained from financial reports on the IDX. The data analysis technique uses multiple linear regression analysis. This research shows that profitability has a positive also significant effect on company value, liquidity has an insignificant negative effect on company value, also leverage has an insignificant positive effect on company value.

DAMPAK BEBAN KERJA, STRES KERJA, DAN LINGKUNGAN KERJA TERHADAP KEPUASAN KERJA DENGAN MOTIVASI SEBAGAI VARIABEL INTERVENING DI UPT. PUSKESMAS KENDIT SITUBONDO (PADA KARYAWAN NON ASN)

Puskesmas or (Public Health Center) is one of the government agencies engaged in public health. The function of the Puskesmas or (Public Health Center) is as a health center for health development in the region. This study aimed to analyze and test the impact of workload, work stress and work environment on job satisfaction through motivation as an intervening variable in health centers. Work Environment on Job Satisfaction through Motivation as an Intervening Variable in UPT. Kendit Situbondo Health Center (On Non-State Civil Apparatus). The population in this study is all Non-State Civil apparatuses at UPT. Kendit Health Center Situbondo has a population of 50 employees with sampling using a saturated sampling technique, meaning it is taken as a whole. The analysis in this study used the help of the Smart PLS 3.0 application. The results of hypothesis testing in direct influence using the Smart PLS 3.0 application show that workload has a significant positive effect on work motivation, work stress has a significant positive effect on work motivation, work environment has a significant positive effect on work motivation, workload has a negative insignificant effect on job satisfaction, work stress has a negative insignificant effect on job satisfaction, work environment has a positive insignificant effect on job satisfaction, work motivation has a positive insignificant effect on job satisfaction through work motivation, work stress has a positive insignificant effect on job satisfaction through work motivation, and work environment has a positive insignificant effect on job satisfaction through work motivation.

Analisis Determinan Faktor Cash Holding pada Subsektor Property and Real Estate yang Terdaftar di Bursa Efek Indonesia

This study aims to determine and analyze the effect of Growth Opportunity, Leverage (DAR), Net Working Capital, Operating Cash Flow on Cash Holding in the Property and Real Estate Subsector listed on the Indonesia Stock Exchange in 2021.The sampling in this study used purposive sampling techniques, with the final sample obtained was 50 companies. The type of data used is secondary data obtained from financial statements published through IDX. The analysis technique used is multiple linear regression analysis with the use of SPSS program version 25.The results of the analysis explain that (1) Growth opportunity has a negative insignificant effect on Cash holding (2) Leverage (DAR) has a positive insignificant effect on Cash holding (3) Net Working Capital has a positive insignificant effect on Cash holding (4) Operating cash flow has a significant positive effect on Cash holding (5) Growth opportunity, Leverage (DAR), Net Working Capital, Operating cash flow silmutant has a significant positive effect.

VALUE RELEVANCE OF SUSTAINABILITY REPORTING BY NON-FINANCIAL LISTED FIRMS IN NIGERIA

The Nigerian Exchange Group (NGX) issued Sustainability Reporting Guidelines in 2018 which requires that listed firms provide sustainability report, in their annual reports or as a standalone report, from 2019. The purpose is to provide additional information to assist investors in investment decisions. This study investigated the value relevance of sustainability reporting by non-financial listed firms on NGX from 2016 to 2020. All the 97 non-financial listed firms on NGX form the population for the study and sample consists of 30 most capitalised firms, proportionally selected from the 7 sectors of the non-financial firms on NGX. Content analysis and panel least square was used as methods of data analysis. Results show that sustainability reporting quantity disclosure has an insignificant negative effect (-0.01) on share price, while sustainability quality disclosure has an insignificant positive effect (0.07) on share price. It was recommended that the regulatory authorities, the Nigerian Financial Reporting Council and the NGX in addition to making sustainability reporting mandatory should enforce the assurance of the report by qualified professionals. Keywords: Agency theory, Information asymmetry, Legitimacy, Signaling theory, Sustainability reporting quality, Sustainability reporting quantity, Value relevance.

Pengaruh Tingkat Pengangguran Terbuka, Tingkat Pendidikan, Upah Minimum Kerja dan Indeks Pembangunan Manusia Terhadap Jumlah Penduduk Miskin di Provinsi Lampung

Poverty is one of the fundamental problems that is of concern to the central government in any country, nationally and internationally. Indonesia is one of the countries that is still trapped in the problem of poverty which has not yet been completely resolved. This research aims to analyze the influence of open unemployment, government expenditure, human development index on the number of poor in Lampung Province. The research data used is secondary data from publications by the Lampung Province Central Statistics Agency. The independent variables in this research are the influence of Open Unemployment and the Human Development Index, while the dependent variable is the Number of Poor People. The analysis technique used is Multiple Regression Analysis with the Ordinary Least Square (OLS) Method. The research results show that Open Unemployment (TPT) research has a negative and insignificant effect on the number of poor people, education level (TP) has a negative and not significant effect on the number of poor people, the minimum wage (UMK) has a significant positive effect on the number of poor people, while the Human Development Index (HDI) has an insignificant negative effect on the number of poor people. The results of the F test, Open Unemployment, Government Expenditures and the Human Development Index have a simultaneous or equally significant positive effect on the Number of Poor People in Lampung Province.

Pengaruh Transfer Pricing, Tunneling Incentive dan Profitabilitas terhadap Effective Tax Rate Rasio (ETR)

This study aims to examine the effect of transfer pricing, tunneling incentive and profitability on effective tax rate ratio both partially and simultaneously. This research is motivated by the occurance of several tax avoidance practices in several manufacturing companies in Indonesia. The population in this study amounted to 47 food and beverage sector companies listed on the Indonesia Stock Exchange (IDX) during the 2017-2019 period. Determination of the sample in this study using purposive sampling technique and obtained a sampel of 13 companies. The data analysis method used is multiple linier regression analysis using IBM SPSS software version 22. The results showed that the transfer pricing and profitability variables partially had a significant negative effect, while the tunneling incentive variable partially had an insignificant negative effect on the effective tax rate ratio. While simultaneously the three independent variables have a significant negative effect on the effective tax rate (ETR) ratio.

Pengaruh Boikot Produk Unilever Dan Lapangan Kerja Terhadap Pertumbuhan Ekonomi Di Indonesia Tahun (2014-2023)

In this research, we will discuss the boycott of Unilever products and employment on economic growth. The boycott of Uniliver products and employment are closely related, where if Unilever product revenues in Indonesia experience a decline, which makes the Unilever company reduce production, this can cause employee layoffs and create jobs. employment decreases, if employment decreases there will be a lot of unemployment which can affect economic growth. The results of the research are that Unilever products have an insignificant negative effect on economic growth, and employment has an insignificant negative effect on economic growth.

The Effect Of Mutation and Rotation On Employee Performance at The BPJS Employment Office Palu City Branch

Employee performance is one aspect that must be considered in a company. This study aims to test whether Mutation and Rotation Variables affect Employee Performance at the BPJS Employment Office Palu City Branch. The population in the study was 50 employees. While the sample in the study was employees who received mutations and rotations as many as 36 employees. The data collection technique used is a questionnaire. The collected data is analyzed and then fed into multiple linear regression equations. The findings in this study show that some Mutation Variables have a negative insignificant effect on Employee Performance at the BPJS Employment Office Palu City Branch. Conversely, the Rotation Variable shows partial results that Rotation has a positive and significant effect on Employee Performance at the BPJS Employment Office Palu City Branch. While the simultaneous results show that the Mutation Variable and the Rotation Variable together have a positive and significant effect on Employee Performance at the BPJS Employment Office Palu City Branch.

EMPLOYEE TURNOVER AND THEIR IMPACT ON THE ORGANIZATIONAL PERFORMANCE OF THE HOSPITALITY INDUSTRIES OF NEPAL

Purpose: The main objective of this research is to determine the effect of employee turnover on the performance of the organization in the hospitality industry in Nepal. Research on employee turnover and performance in the hospitality industry has rarely been found in the Nepalese context. This research tries to explore the effect of employee turnover on the performance of organizations in Nepal. Methodology: This research uses descriptive and causal-comparative research design. Three independent variables i.e., psychological, demographic & economic factors, and one moderating variable i.e., employee turnover and organizational performance as dependent variables have been used for the study. Data were collected from the 150 respondents through the open-ended questionnaire. Descriptive and inferential statistics have been used to analyze the information. Findings and Conclusion: The study found that there is a positive and significant effect of psychological and demographic factors on the performance of the hospitality industries but economic factor has an insignificant negative effect on the performance of hospitality industries in Nepal. Practical and Social Implication of Research: The outcome of the research can apply to the Nepalese hospitality industry effectively. Improvement of the Psychological and social values of employees can reduce employee turnover and it will help to enhance the performance of the hospitality industry in Nepal. Originality Value: This research concluded that the author's words like; Economic Factors, demographic factors, and Psychological Factors have a significant positive relation although employee turnover, Hospitality Industries, and Performance have insignificant and negative relations with economic factors. The value of this research is to prepare the plan and policy for the hospitality industries in Nepal to maximize profit with the help of minimizing employee turnover. The study supports financial and economic stability in the organization.

The role of profitability in mediating the influence of funding decisions, investment decisions and company size on company value

This study aims to examine the effect of profitability in mediating the influence of funding decisions, investment decisions, and company size on the Company's value in 27 companies in the infrastructure sector listed on the IDX Main Board for the period 2017 to 2022. The results showed that funding decisions had a negative insignificant effect, while investment decisions and company size had a significant negative effect on profitability. Furthermore, funding decisions, investment decisions, and profitability have a significant positive effect, while company size has a positive insignificant effect on company value. In the mediation effect test, it was found that profitability was not able to mediate the influence of funding decisions on company value. However, profitability is stated to be able to mediate the respective influence of investment decisions and company size on company value.

Effect of Environmental Disclosure on Cost of Equity of Listed Consumer Goods Firms in Nigeria

As concerns about climate change, pollution and resource scarcity intensifies, stakeholders are placing greater emphasis on the environmental practices of organisations. Based on this, the study examined the effect of environmental disclosure on the cost of equity of listed consumer goods firms in Nigeria. Ex-post facto research design was adopted, and panel data covering ten (10) years (2013-2022) were collected across eighteen (18) listed consumer goods firms in Nigeria which formed the sample size of the study. The data collected were analysed using panel multiple regression analysis via E-views 10.0 statistical package. The study findings revealed environmental risk disclosure (Coeff. = -0.0269{0.0107}) and waste management disclosure (Coeff. = -0.0178{0.0009}) have significant negative relationships on cost of equity (COE) of listed consumer goods firms in Nigeria while greenhouse gas emission disclosure (GGED) has an insignificant negative effect (Coeff. = -0.0075{0.3966}) on cost of equity (COE) of listed consumer goods firms in Nigeria. It was thus concluded that environmental accounting disclosure plays a crucial and significant role in shaping the cost of equity of listed consumer goods firms in Nigeria. The study recommended, amongst others, that regulatory bodies and industry associations should advocate for the integration of robust waste management disclosure strategies within corporate reporting frameworks to mitigate environmental impact and promote sustainable business practices.