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The Impact of Boards of Directors’ Characteristics on Cash Holdings
Ayed Ahmad Khalifah Aizyadat
Issue:
Volume 8, Issue 2, April 2022
Pages:
57-61
Received:
27 January 2022
Accepted:
15 February 2022
Published:
29 March 2022
Abstract: This study examined the influence of corporate governance on company cash holding by explaining the relationship between board size, board independence, board gender and cash holding using a sample of 87 non-financial companies including industrial and service companies that listed on the Amman Stock Exchange from 2018 to 2020. By using random-effect generalized least square (GLS) regression model. The findings indicate that board size negatively influences cash holdings, while board gender has a positive association with cash holdings. Further, board independence did not have a direct effect on cash holdings in Jordan. This research contributes to the development of improved corporate governance policies that can help improve firm cash holdings. This study encourages Jordanian companies to use women who can give better monitoring services while also benefiting from their experiences. The results, which are robust to a range of alternative proxies and to additional tests, provide new insights into the determinants of level cash holdings.
Abstract: This study examined the influence of corporate governance on company cash holding by explaining the relationship between board size, board independence, board gender and cash holding using a sample of 87 non-financial companies including industrial and service companies that listed on the Amman Stock Exchange from 2018 to 2020. By using random-effe...
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Ownership Structure and Dividend Policy: Empirical Evidence from Jordan
Ayed Ahmad Khalifah Aizyadat
Issue:
Volume 8, Issue 2, April 2022
Pages:
62-66
Received:
28 January 2022
Accepted:
15 February 2022
Published:
29 March 2022
Abstract: The impact of corporate governance on company dividend policy was investigated using a sample of 87 non-financial companies including industrial and service listed on the Amman Stock Exchange from 2011 to 2019 to explain the relationship between board size, board independence, ownership managerial, ownership foreign, and dividend policy. By Using the random-effects generalized least square (GLS) regression model. The findings reveal that foreign ownership negatively influences with dividend policy, while board size, board independence, managerial ownership positively association with dividend policy. Further, board independence did not have a direct effect on dividend policy in Jordan. In addition, these rules and regulations need to be activated by the policy makers to ensure that firms comply with their requirements. Moreover, developing countries are in need of providing better compliance with international governance standards. This can be done by adopting good governance practices, improving shareholder rights and activating laws and regulations that govern firms’ performance.
Abstract: The impact of corporate governance on company dividend policy was investigated using a sample of 87 non-financial companies including industrial and service listed on the Amman Stock Exchange from 2011 to 2019 to explain the relationship between board size, board independence, ownership managerial, ownership foreign, and dividend policy. By Using t...
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An Empirical Investigation into the Relationship Between Financial Risk and Bank Performance
Akodu Ayomide Emmanuel,
Nwaobia Apollos Nwabuisi,
Owolabi Sunday Alao
Issue:
Volume 8, Issue 2, April 2022
Pages:
67-72
Received:
14 March 2022
Accepted:
6 April 2022
Published:
14 April 2022
Abstract: The importance of an optimally operation of the banking sector in any society cannot be over-emphasized thus the need for the government to pay particular attention on the operation and sustainability of the banking sector. However, the banking industry's services are highly volatile, and the sector's existence exposes it to numerous risks. Since deposit money banks are at the core of financial activity regulation, they are often exposed to threats and uncertainties which has unfavorable effect on their performance. The study examined the relationship between financial risk and bank performance of deposit money banks in Nigeria. A total of 11 deposit money banks were purposively selected for a period of 10 years (2010-2020). Relevant information for our analysis were obtained from the audited report of the selected banks. These data sources were seen to be appropriate for this study because have been validated by external auditors and relevant regulatory agencies. Ex-post facto research design was adjudged the appropriate design for the study. From our result we identified that financial risk has no momentous effect on return on equity of deposit money banks in Nigeria, Adj. R2 = 0.0077, F(4, 116) = 1.23, P > .05). When the variables of financial risk were regressed against the variables of performances, the result indicated that financial risk variables jointly and significantly affected performances of deposit money banks in Nigeria, Adj. R2 = 0.0672, F(4, 116) = 44.08, P < .05). Based on the findings we concluded that risk has a momentous effect on the performance of deposit money banks in Nigeria. The study recommended that credit risk assessment processes should be more intensified to reduce the value and volume of non-performing loans in the banks. A reduction in non-performing will result to an increase in the total asset of the bank and result to increase in interest income which as a positive effect on both the top line and bottom line of the bank.
Abstract: The importance of an optimally operation of the banking sector in any society cannot be over-emphasized thus the need for the government to pay particular attention on the operation and sustainability of the banking sector. However, the banking industry's services are highly volatile, and the sector's existence exposes it to numerous risks. Since d...
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Organization of Small and Medium Enterprises in the Republic of Northern Macedonia
Ilaz Ameti,
Naser Ameti,
Xhelal Luma,
Jerina Vukaj Nazaj
Issue:
Volume 8, Issue 2, April 2022
Pages:
73-77
Received:
12 March 2022
Accepted:
7 April 2022
Published:
14 April 2022
Abstract: Small and medium enterprises (SMEs) have a very important economic and social role, due to their contribution to the functioning of the economic network and job creation. These contributions are very valuable in the conditions of crisis and rising unemployment. Especially in the Republic of Northern Macedonia, the development of SMEs can affect the many challenges related to economic development, the effects of inequality, high unemployment and demographic growth. In addition, the development of the SME sector can contribute to strengthening competitiveness and productivity, while increasing Gross domestic product (GDP) and per capita income growth. This development will also promote the structural transformation of the SME sector, due to its connection with innovation and technological development. The study aims to identify and analyze the main structuring that affect the success and growth of small and medium enterprises (SMEs), ie their performance, as well as to analyze the effects that these indicators have on the economic growth of SMEs. In this research are addressed some important issues and general problems of the financing system, the financial situation of small and medium businesses in northern Macedonia. Also, this paper will present, both from a theoretical and practical point of view, the relationship between these key performance indicators, or in other words, SME growth. Therefore, the development of the SME sector is very important in Macedonia, especially considering that social problems are largely the consequence of unequal economic growth.
Abstract: Small and medium enterprises (SMEs) have a very important economic and social role, due to their contribution to the functioning of the economic network and job creation. These contributions are very valuable in the conditions of crisis and rising unemployment. Especially in the Republic of Northern Macedonia, the development of SMEs can affect the...
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Productivity, Revenue Status and Future Prospects of Wild Date Palm Trees Cultivation in Bangladesh
Md. Abdullah Al Mamun,
Sanuar Hossain,
M. Mustafa Kamal
Issue:
Volume 8, Issue 2, April 2022
Pages:
78-83
Received:
1 March 2022
Accepted:
24 March 2022
Published:
28 April 2022
Abstract: A descriptive study was conducted in Jessore district (south-west part) and Natore district (north-west part) in Bangladesh to determine the productivity and revenue status and potentiality of wild date palm cultivation. A questionnaire with semi-structured questions was used to collect necessary data from 400 respondents by face-to-face interview during November 2020 to April 2021. The respondents were categorized into three groups based on their land pattern, juice collection and juice processing. The highest 44.50% wild date palm is cultivated in boundary areas of farming land and 24% planted in homestead areas, at the same time 6.25% respondents cultivated date palm trees as a main crop. Most of the respondents (96%) process juice without any cost. Per season TK.1600-2100 net average income can be earned from per tree with a very low maintenance cost. Wild date palm produces a significant amount of molasses without using farming land. Our local growing demand, molasses is great source of sugar. A lot of seasonal job opportunity is created in rural economy for wild date palm cultivation. Besides molasses, it provides fuel wood throughout the year. Its leaves are used in handicrafts industry to make floormate. At the same time Date trees have environmental importance. Date trees are the evergreen tree. So, it has a great importance on socio – ecological balance.
Abstract: A descriptive study was conducted in Jessore district (south-west part) and Natore district (north-west part) in Bangladesh to determine the productivity and revenue status and potentiality of wild date palm cultivation. A questionnaire with semi-structured questions was used to collect necessary data from 400 respondents by face-to-face interview ...
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