Fábio Roberto de Souza, Eduardo Schwertner, Aline Beatriz Schuh, Rodrigo Abbade da Silva, Daniel Coronel
The objective of this study is to measure the competitiveness of Brazilian wheat exporting states through the application of the performance matrix of Farias and Farias (2018), which is based on the Revealed Comparative Advantage (RCA) and the Relative Position (RPI) indexes. The main results obtained reveal that the country is not self-sufficient in wheat production, nor does it stand out in exports, needing to import large quantities of wheat to meet domestic demand. Among the producing states, São Paulo was the only one to present Revealed Comparative Advantages, and external potential. On the other hand, the Southern states (Paraná, Rio Grande do Sul, and Santa Catarina) do not have Revealed Comparative Advantages, but they are efficient in the commercialization of wheat to the international market, which indicates that these locations have internal potential to improve their competitiveness in this sector.
{"title":"The Contribution of Each Brazilian Estate to the Competitiveness of the Country’s Wheat Exports (1999-2022)","authors":"Fábio Roberto de Souza, Eduardo Schwertner, Aline Beatriz Schuh, Rodrigo Abbade da Silva, Daniel Coronel","doi":"10.25115/sae.v42i1.9600","DOIUrl":"https://doi.org/10.25115/sae.v42i1.9600","url":null,"abstract":"The objective of this study is to measure the competitiveness of Brazilian wheat exporting states through the application of the performance matrix of Farias and Farias (2018), which is based on the Revealed Comparative Advantage (RCA) and the Relative Position (RPI) indexes. The main results obtained reveal that the country is not self-sufficient in wheat production, nor does it stand out in exports, needing to import large quantities of wheat to meet domestic demand. Among the producing states, São Paulo was the only one to present Revealed Comparative Advantages, and external potential. On the other hand, the Southern states (Paraná, Rio Grande do Sul, and Santa Catarina) do not have Revealed Comparative Advantages, but they are efficient in the commercialization of wheat to the international market, which indicates that these locations have internal potential to improve their competitiveness in this sector.","PeriodicalId":210068,"journal":{"name":"Studies of Applied Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140460843","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Previous literature suggests that trade contributes to knowledge and technology spillovers among trading partners. Using panel data and country-specific fixed effects, we show that the technology spillovers of a country is explained by the Economic Complexity from its major trading partners. We build an endogenous growth model for all OECD countries for the 1966–2016 period; we draw the residuals to measure the Total Factor Productivity of each country. Then, using spatial econometrics, we regress the Total Factor Productivity of each country on the Economic Complexity Index of its major trading partners. In addition, we run a Random Coefficient Model, to let this relationship vary randomly by country. We show that for 30 of the 36 countries, the TFP of a country positively depends on the ECI of its trading partners Finally, we run the endogenous growth model again, but now it includes the spatial lag term as an explanatory variable.
{"title":"Economic Complexity Transfer through Trade and its Impact on the Solow Residual (Total Factor of Productivity): A Spatial Approach","authors":"Fadi Fawaz, Anis Mnif, Yaseen S. Alhaj - Yaseen","doi":"10.25115/sae.v42i1.9312","DOIUrl":"https://doi.org/10.25115/sae.v42i1.9312","url":null,"abstract":"Previous literature suggests that trade contributes to knowledge and technology spillovers among trading partners. Using panel data and country-specific fixed effects, we show that the technology spillovers of a country is explained by the Economic Complexity from its major trading partners. We build an endogenous growth model for all OECD countries for the 1966–2016 period; we draw the residuals to measure the Total Factor Productivity of each country. Then, using spatial econometrics, we regress the Total Factor Productivity of each country on the Economic Complexity Index of its major trading partners. In addition, we run a Random Coefficient Model, to let this relationship vary randomly by country. We show that for 30 of the 36 countries, the TFP of a country positively depends on the ECI of its trading partners Finally, we run the endogenous growth model again, but now it includes the spatial lag term as an explanatory variable.","PeriodicalId":210068,"journal":{"name":"Studies of Applied Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140461431","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The purpose of this paper is to identify the presence of managerial entrenchment, measure its degree, and establish its relationship to corporate governance, capital structure, and business performance. This paper focuses equal emphasis on managers' personal qualities, such as age and tenure, as well as ownership structures, such as management ownership and block holder ownership. The research also investigates entrenched managers' preference for debt issue over equity issuance, i.e., the trend and pattern of financing capital structure. This paper also examines the impact of corporate governance on business financial performance. The norms and regulations that the corporation follows for its operation are also assessed in regard to management entrenchment and capital structure. In Indian, there isn't much paper
{"title":"Study on the Impact of Managerial Entrenchment and Corporate Governance of Firm Performance and Capital Structure","authors":"Varadharajan Palanisamy, P.R. Kumunda","doi":"10.25115/sae.v42i1.9154","DOIUrl":"https://doi.org/10.25115/sae.v42i1.9154","url":null,"abstract":"The purpose of this paper is to identify the presence of managerial entrenchment, measure its degree, and establish its relationship to corporate governance, capital structure, and business performance. This paper focuses equal emphasis on managers' personal qualities, such as age and tenure, as well as ownership structures, such as management ownership and block holder ownership. The research also investigates entrenched managers' preference for debt issue over equity issuance, i.e., the trend and pattern of financing capital structure. This paper also examines the impact of corporate governance on business financial performance. The norms and regulations that the corporation follows for its operation are also assessed in regard to management entrenchment and capital structure. In Indian, there isn't much paper","PeriodicalId":210068,"journal":{"name":"Studies of Applied Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139860328","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Editorial for Special Issue on ‘Advances in Econometric Modeling: Theory and Applications’
计量经济学建模进展》特刊编辑：理论与应用
{"title":"Editorial for Special Issue on ‘Advances in Econometric Modeling: Theory and Applications’","authors":"Javier SANCHEZ GARCIA, Raffaele Mattera","doi":"10.25115/sae.v42i1.9711","DOIUrl":"https://doi.org/10.25115/sae.v42i1.9711","url":null,"abstract":"Editorial for Special Issue on ‘Advances in Econometric Modeling: Theory and Applications’","PeriodicalId":210068,"journal":{"name":"Studies of Applied Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139800793","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This research focuses on utilizing the Hurst exponent () as a critical measure of relative volatility, with a specific emphasis on its ideal value of . The paper introduces an innovative simulation process for based on an Ornstein-Uhlenbeck stochastic differential equation while simultaneously estimating the parameter that governs the rate at which reverts to its initial efficiency level of . The empirical segment of the study aims to compare the parameters of numerous stocks computed through a stochastic simulation approach. The value represents the speed at which reverts to the value of over extended periods.
{"title":"Clustering analysis on Hurst dynamic","authors":"Fabrizio Di Sciorio","doi":"10.25115/sae.v42i1.9527","DOIUrl":"https://doi.org/10.25115/sae.v42i1.9527","url":null,"abstract":"This research focuses on utilizing the Hurst exponent () as a critical measure of relative volatility, with a specific emphasis on its ideal value of . The paper introduces an innovative simulation process for based on an Ornstein-Uhlenbeck stochastic differential equation while simultaneously estimating the parameter that governs the rate at which reverts to its initial efficiency level of . The empirical segment of the study aims to compare the parameters of numerous stocks computed through a stochastic simulation approach. The value represents the speed at which reverts to the value of over extended periods.","PeriodicalId":210068,"journal":{"name":"Studies of Applied Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139800971","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
El presente artículo analiza el impacto de los fuertes desequilibrios fiscales que experimentaron las economías de los países de la Unión Europea en el periodo 2008-2018, principalmente debidos a la política fiscal implementada a raíz de la crisis financiera global. Con el objetivo de restaurar el equilibrio presupuestario, se desarrolló una respuesta coordinada desde el ámbito europeo inducida por la política de reglas fijada por el Pacto de Estabilidad y Crecimiento, condicionando la política fiscal a largo plazo. La principal estrategia consiste en situar al ciudadano europeo en el centro del estudio, analizando cómo evoluciona el empleo, a partir de los datos proporcionados por EUSILC ante los intentos por restaurar el equilibrio presupuestario. La novedad del presente artículo reside en el enfoque empleado. La mayoría de los trabajos previos se han basado en un enfoque macro tratando de cuantificar cómo el crecimiento económico y la productividad impactaban en la vida diaria de los europeos. Sin embargo, la investigación en este estudio persigue aislar y cuantificar los posibles efectos diferenciales en las condiciones de vida en función de las variables analizadas. En este sentido, se ha de resaltar que la relación entre los niveles de déficit excesivo y la evolución de los indicadores sociales, en este caso los correspondientes a los niveles de empleo, no ha sido estudiada con anterioridad.
{"title":"La reacción de los indicadores de empleo durante la crisis financiera de 2008. ¿Afecta el déficit excesivo a las condiciones de vida de los europeos?","authors":"Gregorio Cagigas-Ibaseta","doi":"10.25115/sae.v42i1.9297","DOIUrl":"https://doi.org/10.25115/sae.v42i1.9297","url":null,"abstract":"El presente artículo analiza el impacto de los fuertes desequilibrios fiscales que experimentaron las economías de los países de la Unión Europea en el periodo 2008-2018, principalmente debidos a la política fiscal implementada a raíz de la crisis financiera global. Con el objetivo de restaurar el equilibrio presupuestario, se desarrolló una respuesta coordinada desde el ámbito europeo inducida por la política de reglas fijada por el Pacto de Estabilidad y Crecimiento, condicionando la política fiscal a largo plazo. \u0000La principal estrategia consiste en situar al ciudadano europeo en el centro del estudio, analizando cómo evoluciona el empleo, a partir de los datos proporcionados por EUSILC ante los intentos por restaurar el equilibrio presupuestario. La novedad del presente artículo reside en el enfoque empleado. \u0000La mayoría de los trabajos previos se han basado en un enfoque macro tratando de cuantificar cómo el crecimiento económico y la productividad impactaban en la vida diaria de los europeos. Sin embargo, la investigación en este estudio persigue aislar y cuantificar los posibles efectos diferenciales en las condiciones de vida en función de las variables analizadas. En este sentido, se ha de resaltar que la relación entre los niveles de déficit excesivo y la evolución de los indicadores sociales, en este caso los correspondientes a los niveles de empleo, no ha sido estudiada con anterioridad.","PeriodicalId":210068,"journal":{"name":"Studies of Applied Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140460999","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
El Affordable Care Act (ACA), conocido en español como la Ley de Asistencia Sanitaria Asequible, fue promulgado en 2010 en los Estados Unidos con el propósito de ampliar la cobertura de servicios de salud y atención médica. Esta ley aborda diversos desafíos relacionados con el acceso, la calidad y los costos en el sistema de atención médica estadounidense. El objetivo principal de este artículo es realizar un análisis transversal de la aplicación del ACA en diferentes áreas: política, social, sanitaria, económica y de gestión. Como metodología, se utilizó una revisión sistemática de la literatura científica. Para garantizar la transparencia y trazabilidad de esta revisión, se siguió el protocolo PRISMA (Preferred Reporting Items for Systematic Reviews and Meta-Analyses), que incluye las etapas de identificación de estudios relevantes, selección de dichos estudios, mapeo de datos, síntesis e informe de resultados. Entre los resultados más relevantes se destacan los siguientes aspectos: a nivel político, se requiere un mayor consenso para la implementación integral del ACA en los Estados Unidos; en términos económicos, el ACA ha popularizado fórmulas de copago y coseguro, así como sistemas de prestación de servicios basados en el valor; en elámbito social, se ha constatado que los altos costos compartidos dificultan el acceso a la atención médica y muchos ciudadanos están insuficientemente asegurados; en cuanto a la gestión, se destaca la necesidad de gestionar centralizadamente al paciente para aumentar la eficiencia; por último, a nivel médico, el ACA ha tenido un impacto positivo en el tratamiento yla prevención de diversas enfermedades. En conclusión, a pesar de los avances generados por el ACA, todavía no se ha logrado un equilibrio entre la coexistencia de los sistemas de salud privado y público que garantice una amplia cobertura sin barreras económicas u otras.
美国于 2010 年颁布了《可负担医疗法案》（ACA），英文全称为 Affordable Care Act，其目的是扩大医疗和医疗保障范围。该法解决了美国医疗保健系统在获取、质量和成本方面面临的一系列挑战。本文的主要目的是从政治、社会、卫生、经济和管理等不同领域对《美国医疗法案》的实施情况进行横向分析。在研究方法上，采用了对科学文献进行系统回顾的方法。为了保证综述的透明度和可追溯性，我们遵循了 PRISMA（系统综述和元分析首选报告项目）协议，其中包括相关研究的识别、选择、数据映射、综合和结果报告等阶段。在最相关的结果中，以下几个方面最为突出：在政治层面，美国需要达成更多共识才能全面实施《美国医疗保险法案》；在经济层面，《美国医疗保险法案》推广了共同支付和共同保险公式，以及基于价值的交付系统；在社会层面，《美国医疗保险法案》推广了共同支付和共同保险公式，以及基于价值的交付系统；在社会方面，高昂的费用分担阻碍了人们获得医疗保健服务，许多公民的保险额度不足；在管理方面，突出强调了集中管理病人以提高效率的必要性；最后，在医疗方面，《美国医疗保险法案》对各种疾病的治疗和预防产生了积极影响。总之，尽管《全民医保法案》取得了一些进步，但还没有实现私营和公共医疗系统共存的平衡，以保证在没有经济或其他障碍的情况下实现广泛的覆盖。
{"title":"Análisis transversal de la Ley de Asistencia Sanitaria Asequible de los Estados Unidos: resultados y desafios","authors":"Á. Carrasco","doi":"10.25115/sae.v42i1.9536","DOIUrl":"https://doi.org/10.25115/sae.v42i1.9536","url":null,"abstract":"El Affordable Care Act (ACA), conocido en español como la Ley de Asistencia Sanitaria Asequible, fue promulgado en 2010 en los Estados Unidos con el propósito de ampliar la cobertura de servicios de salud y atención médica. Esta ley aborda diversos desafíos relacionados con el acceso, la calidad y los costos en el sistema de atención médica estadounidense. El objetivo principal de este artículo es realizar un análisis transversal de la aplicación del ACA en diferentes áreas: política, social, sanitaria, económica y de gestión. Como metodología, se utilizó una revisión sistemática de la literatura científica. Para garantizar la transparencia y trazabilidad de esta revisión, se siguió el protocolo PRISMA (Preferred Reporting Items for Systematic Reviews and Meta-Analyses), que incluye las etapas de identificación de estudios relevantes, selección de dichos estudios, mapeo de datos, síntesis e informe de resultados. Entre los resultados más relevantes se destacan los siguientes aspectos: a nivel político, se requiere un mayor consenso para la implementación integral del ACA en los Estados Unidos; en términos económicos, el ACA ha popularizado fórmulas de copago y coseguro, así como sistemas de prestación de servicios basados en el valor; en elámbito social, se ha constatado que los altos costos compartidos dificultan el acceso a la atención médica y muchos ciudadanos están insuficientemente asegurados; en cuanto a la gestión, se destaca la necesidad de gestionar centralizadamente al paciente para aumentar la eficiencia; por último, a nivel médico, el ACA ha tenido un impacto positivo en el tratamiento yla prevención de diversas enfermedades. En conclusión, a pesar de los avances generados por el ACA, todavía no se ha logrado un equilibrio entre la coexistencia de los sistemas de salud privado y público que garantice una amplia cobertura sin barreras económicas u otras.","PeriodicalId":210068,"journal":{"name":"Studies of Applied Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140461190","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In this article, we proposed a novel convex penalized regression-type estimator, termed Olanrewaju-Olanrewaju penalized regression-type estimator, denoted by Lo-oλγ(|θ|) for ultra and high-dimensional data consideration whenever the number of covariates (p) is strictly greater than the sample size(n). The newly proposed penalized estimator was formulated via the unique combination of arctangent and hyperbolic functions. It was noted that the newly proposed estimator could efficiently work under the constraint pp. The proposed convex penalized regression-type estimator was formulated via three symmetric distributional noises of Gaussian, Laplace, and Normal Inverse Gaussian (NIG), considered being the three certified symmetric distributions that belong to the exponential family of distributions. The regularity axioms and oracle properties of the newly proposed penalized estimator were worked-out, as well as the parameter estimation for the penalized regression-type estimator for the three symmetric noises via canonical expressible form of Generalized Linear Models (GLMs) and first-order Karush-Kuhn-Tucker (KKT) condition. The Lo-oλγ(|θ|) regression-type estimator was subjected to simulation studies of well-generated symmetric observations. The US Longley macroeconomic dataset with the constraint p
在本文中，我们提出了一种新的凸惩罚回归型估计器，称为 Olanrewaju-Olanrewaju 惩罚回归型估计器，用 Lo-oλγ(|θ|) 表示，适用于协方差数量（p）严格大于样本量（n）的超高维数据考虑。新提出的惩罚性估计器是通过反正切函数和双曲函数的独特组合来制定的。新提出的凸惩罚回归型估计器是通过高斯、拉普拉斯和正态反高斯（NIG）这三种对称分布噪声提出的，它们被认为是属于指数分布族的三种经过认证的对称分布。通过广义线性模型（GLMs）的典型可表达形式和一阶卡鲁什-库恩-塔克（KKT）条件，研究了新提出的惩罚估计器的正则性公理和甲骨文特性，以及三种对称噪声的惩罚回归型估计器的参数估计。Lo-oλγ(|θ|) 回归型估计器对生成良好的对称观测数据进行了模拟研究。在三种对称分布噪声的保护下，用 Lo-oλγ(|θ|) 回归型估计器拟合了 p
{"title":"On the Efficiency of the newly Proposed Convex Olanrewaju-Olanrewaju Lo-oλγ(|θ|) Penalized Regression-Type Estimator via GLMs Technique.","authors":"R. O. Olanrewaju, S. Olanrewaju","doi":"10.25115/sae.v42i1.9532","DOIUrl":"https://doi.org/10.25115/sae.v42i1.9532","url":null,"abstract":"In this article, we proposed a novel convex penalized regression-type estimator, termed Olanrewaju-Olanrewaju penalized regression-type estimator, denoted by Lo-oλγ(|θ|) for ultra and high-dimensional data consideration whenever the number of covariates (p) is strictly greater than the sample size(n). The newly proposed penalized estimator was formulated via the unique combination of arctangent and hyperbolic functions. It was noted that the newly proposed estimator could efficiently work under the constraint p<n formulated for, and as well as for the conventional regression methods of n>p. The proposed convex penalized regression-type estimator was formulated via three symmetric distributional noises of Gaussian, Laplace, and Normal Inverse Gaussian (NIG), considered being the three certified symmetric distributions that belong to the exponential family of distributions. The regularity axioms and oracle properties of the newly proposed penalized estimator were worked-out, as well as the parameter estimation for the penalized regression-type estimator for the three symmetric noises via canonical expressible form of Generalized Linear Models (GLMs) and first-order Karush-Kuhn-Tucker (KKT) condition. The Lo-oλγ(|θ|) regression-type estimator was subjected to simulation studies of well-generated symmetric observations. The US Longley macroeconomic dataset with the constraint p<n was fitted to Lo-oλγ(|θ|) regression-type estimator under the umbrella of three symmetric distributional noises. In conclusion, Gaussian noise for Lo-oλγ(|θ|) penalized regression-type estimator under the umbrella of p<n for the simulation and real life analyzes was considered effectively efficient because of its most reduced Mean Square Error (mse) measured error-type in comparison to Gaussian, Laplace, and NIG noises for LASSO and Atan penalties; and as well for Laplace, and NIG noises for Lo-oλγ(|θ|).","PeriodicalId":210068,"journal":{"name":"Studies of Applied Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140461257","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The purpose of this paper is to identify the presence of managerial entrenchment, measure its degree, and establish its relationship to corporate governance, capital structure, and business performance. This paper focuses equal emphasis on managers' personal qualities, such as age and tenure, as well as ownership structures, such as management ownership and block holder ownership. The research also investigates entrenched managers' preference for debt issue over equity issuance, i.e., the trend and pattern of financing capital structure. This paper also examines the impact of corporate governance on business financial performance. The norms and regulations that the corporation follows for its operation are also assessed in regard to management entrenchment and capital structure. In Indian, there isn't much paper
{"title":"Study on the Impact of Managerial Entrenchment and Corporate Governance of Firm Performance and Capital Structure","authors":"Varadharajan Palanisamy, P.R. Kumunda","doi":"10.25115/sae.v42i1.9154","DOIUrl":"https://doi.org/10.25115/sae.v42i1.9154","url":null,"abstract":"The purpose of this paper is to identify the presence of managerial entrenchment, measure its degree, and establish its relationship to corporate governance, capital structure, and business performance. This paper focuses equal emphasis on managers' personal qualities, such as age and tenure, as well as ownership structures, such as management ownership and block holder ownership. The research also investigates entrenched managers' preference for debt issue over equity issuance, i.e., the trend and pattern of financing capital structure. This paper also examines the impact of corporate governance on business financial performance. The norms and regulations that the corporation follows for its operation are also assessed in regard to management entrenchment and capital structure. In Indian, there isn't much paper","PeriodicalId":210068,"journal":{"name":"Studies of Applied Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139800541","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The advertising world has been always concerned looking for the relationship between TV advertising spending and the sales amount of advertised products, particularly mass consumer goods (edibles) and automobiles. The measures was the relationship between advertising pressure in terms of GRP's and notoriety be spontaneous or suggested recall, which was supposed to be translated into sales later, but the consumer needed to have the product available on the shelf. Retain sales are controlled at brand/item level but ads are usually linked to brands. Sinergetics through a model used to explain the Formation of Public Opinion offers a platform to link group attractiveness by TV investment with product sales. We checked it for a narrow market as the colas reversing the reasoning. If the system forecast two groups of opinion that we assimilate to sales how much of the TV advertising expenditure can be correlated. More than 70%.
{"title":"A synergetic vision of advertising as stimuli to enhance sales","authors":"Juan Luis Valderrabano","doi":"10.25115/sae.v42i1.9290","DOIUrl":"https://doi.org/10.25115/sae.v42i1.9290","url":null,"abstract":"The advertising world has been always concerned looking for the relationship between TV advertising spending and the sales amount of advertised products, particularly mass consumer goods (edibles) and automobiles. The measures was the relationship between advertising pressure in terms of GRP's and notoriety be spontaneous or suggested recall, which was supposed to be translated into sales later, but the consumer needed to have the product available on the shelf. Retain sales are controlled at brand/item level but ads are usually linked to brands. Sinergetics through a model used to explain the Formation of Public Opinion offers a platform to link group attractiveness by TV investment with product sales. We checked it for a narrow market as the colas reversing the reasoning. If the system forecast two groups of opinion that we assimilate to sales how much of the TV advertising expenditure can be correlated. More than 70%.","PeriodicalId":210068,"journal":{"name":"Studies of Applied Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139859269","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：