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Accounting information and stock price changes in Nepalese hydropower companies 尼泊尔水电公司的会计信息和股价变化
Pub Date : 2023-08-24 DOI: 10.3126/njmgtres.v3i1.57909
N. Adhikari
The study aimed to examine the relationship between accounting information (earnings per share, dividend per share and book value per share) on stock price changes (volatility) in Nepalese hydro power companies. It examined the impact of dividend per share, earnings per share and book value per share on stock price changes. Out of the 51 hydropower companies listed in Nepal Stock Exchange, Butwal Power Company Limited (BPC) and Chilime Hydro Power Company Limited (CHPC) were randomly selected for the study. The study period was covered 2073/2074 to 2078/2079 and data collected through the annual reports as well as data based on the Nepal Stock Exchange. Market value per share (MVPS) was taken as dependent variable and earnings per share (EPS), dividend per share (DPS) and book value per share (BVPS) as independent variables. Multiple regression analyses was used to identify the impact of accounting information on share price changes. A positive relation was found between EPS and MVPS in both companies. However DPS and BVPS showed mixed relationship (negative and positive) with MVPS of BPC and CHPC. The EPS of BPC found positive impact on MVPS. However DPS revealed negative impact on MVPS of both companies.
本研究旨在检验尼泊尔水电公司的会计信息(每股收益、每股股息和每股账面价值)与股价变化(波动性)之间的关系。它考察了每股股息、每股收益和每股账面价值对股价变化的影响。在尼泊尔证券交易所上市的51家水电公司中,随机选择Butwal Power Company Limited (BPC)和Chilime Hydro Power Company Limited (CHPC)进行研究。研究期间为2073/2074至2078/2079年,通过年度报告收集的数据以及基于尼泊尔证券交易所的数据。以每股市场价值(MVPS)为因变量,每股收益(EPS)、每股股息(DPS)和每股账面价值(BVPS)为自变量。采用多元回归分析来确定会计信息对股价变动的影响。两家公司的每股收益与mvp呈显著正相关。DPS、BVPS与BPC、CHPC的MVPS呈负、正混合关系。BPC的EPS对mvp有正向影响。然而,DPS对两家公司的mvp都产生了负面影响。
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引用次数: 0
Effectiveness of Training of Software (Excel) for Bachelor Level (Bsc) Students in Birendra Multiple Campuses, Bharatpur Bharatpur Birendra多校区学士学位(Bsc)学生软件(Excel)培训的有效性
Pub Date : 2023-08-24 DOI: 10.3126/njmgtres.v3i1.57913
Ambika Chalise
This study aims to evaluate the knowledge levels on statistical software excel for the BSc 1st and 2nd year students in Birendra, Campus, Braratpur, Chitwan. Moreover the study also aims to examine the effectiveness of statistical software excel training for them. Out of 201 BSc physical group students in 1st and 2nd year, 52 students are taken as sample excluding nonresponses. To examine the knowledge about statistical software excel, 30 multiple choice questions had been asked to them before conducting training. 7 hours training for each (52) students had been conducted on statistical software excel. 15 days later from the end of training, the post-test has been done to them.The post-test average knowledge Score is (20.73±5.27) and pre-test score was (9.35±6.35). The finding of the difference of knowledge score has been satisfied the normality by exploratory data analysis with normal curve and Shapiro-Wilk normality test. The average score after training (total 52 students) is much greater than that of before training and the standard deviation after training is slightly lower. The t-test is statistically significant and the training is effective for BSc level students in Birendra Multiple campus, Bharatpur.
本研究旨在评估Chitwan Braratpur Birendra校区理学士一、二年级学生对统计软件excel的知识水平。此外,研究还旨在检验统计软件excel培训对他们的有效性。在201名一、二年级理学士体育组学生中,剔除无应答者,抽取52名学生作为样本。为了检验统计软件excel的知识,在培训前向他们提出了30道选择题。利用统计软件excel对52名学生进行7小时的培训。训练结束15天后,对他们进行后测。测验后平均知识得分为(20.73±5.27)分,测验前平均知识得分为(9.35±6.35)分。采用正态曲线和Shapiro-Wilk正态检验进行探索性数据分析,知识得分差异的发现符合正态性。训练后的平均分(共52人)远大于训练前,训练后的标准差略低。t检验具有统计学意义,培训对巴拉特普尔Birendra Multiple校区的BSc水平的学生有效。
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引用次数: 0
Motivating Employees through Job Design and Compensation: An Observation 通过工作设计和薪酬激励员工:一个观察
Pub Date : 2023-08-24 DOI: 10.3126/njmgtres.v3i1.57912
P. Shrestha
This study aims to examine the relationship and impact of job design and compensation on employee motivation. It is based on primary data obtained by distributing questionnaires to 15 Nepalese business organizations. The results show that job design has a significant positive relationship with employee motivation. In the same way, the results demonstrate that compensation has a significant positive relationship with employee motivation. In fact, employees who think their jobs are well-designed are highly motivated at work. Moreover, employees are highly motivated at work when they perceive a fair and efficient compensation system. Therefore, to enhance employee motivation, organizations must redesign job policies and foster employee trust. They also need to develop trusting compensation and incentive systems for their employees to increase employee motivation.
本研究旨在探讨工作设计与薪酬对员工激励的关系及影响。它是根据向15个尼泊尔商业组织分发问卷所获得的原始数据编制的。研究结果显示,工作设计对员工动机有显著的正向影响。同样,结果表明薪酬与员工激励之间存在显著的正相关关系。事实上,那些认为自己的工作设计得很好的员工在工作中是非常有动力的。此外,当员工感受到公平有效的薪酬制度时,他们的工作积极性会很高。因此,为了提高员工的积极性,组织必须重新设计工作政策,培养员工的信任。他们还需要为员工建立信任的薪酬和激励制度,以提高员工的积极性。
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引用次数: 0
Challenges and Prospects of Nepalese Microfinance program: A Mini Review 尼泊尔小额信贷项目的挑战与前景:一个小回顾
Pub Date : 2023-08-24 DOI: 10.3126/njmgtres.v3i1.57914
Basu Dev Lamichhane, Padam Bahadur Lama
The main purpose of this paper is to highlight the challenges and prospects of microfinance program in Nepal. This study is based on descriptive research design. Microfinance has the potential to have powerful impact on poverty reduction and women’s empowerment. Microfinance institutions (MFIs) have two missions: outreach through poverty reduction and sustainability. Nepalese microfinance sector faces numbers of challenges like overcrowd in certain geographical region, multiple banking, unhealthy competition, political unawareness, mission drift, and high rate of member dropout, high rate of employee turnover, over-indebtedness, loan overdue, constraint resources and lack of entrepreneurial centric program. Nepalese microfinance institution needs to create healthy environment of microfinance sector with the aim of social responsibility. MFIs need to move beyond the traditional micro credit methodologies and innovative through digitization to extend financial services more effectively to the rural people. This study focuses on current picture of Nepalese microfinance industry which explores current issues. The findings of this study is useful and applicable in BFIs, microfinance expert, economist, regulator, and decision makers.
本文的主要目的是强调尼泊尔小额信贷计划的挑战和前景。本研究采用描述性研究设计。小额信贷有可能对减贫和增强妇女权能产生强有力的影响。小额信贷机构(mfi)有两个使命:通过减少贫困和可持续发展来扩大服务范围。尼泊尔小额信贷部门面临着许多挑战,如某些地理区域的过度拥挤,多种银行,不健康的竞争,政治意识不清,使命漂移,成员辍学率高,员工流动率高,过度负债,贷款逾期,资源约束和缺乏以创业为中心的计划。尼泊尔小额信贷机构需要以社会责任为目标,创造小额信贷部门的健康环境。小额信贷机构需要超越传统的小额信贷方法,通过数字化创新,更有效地向农村人口提供金融服务。本研究的重点是尼泊尔小额信贷行业的现状,探讨当前的问题。本文的研究结果对金融机构、小额信贷专家、经济学家、监管机构和决策者都有一定的参考价值。
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引用次数: 1
Impact of e-Banking Services on Customer Awareness in Nepalese Commericial Banks 尼泊尔商业银行电子银行服务对客户意识的影响
Pub Date : 2023-08-24 DOI: 10.3126/njmgtres.v3i1.57908
K. Khanal
The main purpose of this research is to examine the impact of e-banking services on customer awareness of Nepalese commercial banks. To achieve the objective, descriptive as well as explanatory research designs were used. Primary data were collected from both questionnaires and interview that were distributed among the customers of all commercial banks. The descriptive result of the study indicates that the composite mean value of customer awareness is highest where as the mean value of reliability is the least. Similarly, the most consistent variable is privacy/security. The correlation analysis shows the positive and significant relationship among all dependent and independent variables. Furthermore, in terms of the values of the R square of the results of the regression, e-banking services such as accessibility, reliability, convenience and privacy/security explain 96% of variation on customer awareness. This study concludes that the convenience and privacy/security have significant positive effect on customer awareness of Nepalese commercial banks. More over the researcher recommend that the commercial banks should pay more attention to improve the overall level of customer awareness on accessibility and reliability.
本研究的主要目的是考察电子银行服务对尼泊尔商业银行客户意识的影响。为了达到目的,使用了描述性和解释性研究设计。主要数据通过问卷调查和访谈两种方式收集,对所有商业银行的客户进行调查。研究的描述性结果表明,顾客意识的综合平均值最高,而可靠性的综合平均值最小。同样,最一致的变量是隐私/安全。相关分析显示,各因变量和自变量之间存在显著正相关关系。此外,就回归结果的R平方值而言,电子银行服务(如可访问性,可靠性,便利性和隐私/安全)解释了96%的客户意识变化。本研究的结论是,便利性和隐私/安全对尼泊尔商业银行的客户意识有显著的正向影响。此外,研究人员建议商业银行应更加重视提高客户对可及性和可靠性的整体意识水平。
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引用次数: 0
Effect of Credit Performance and Interest Spread on Profitability of Commercial Banks in Nepal 信贷绩效和利差对尼泊尔商业银行盈利能力的影响
Pub Date : 2023-08-24 DOI: 10.3126/njmgtres.v3i1.57915
Nabaraj Bhandari
This study examine the effect of credit performance and interest spread on the profitability of commercial banks in Nepal using panel least squares regression model. The balance panel data of sixteen commercial banks for the year 2013–2021, with 128 observations were used for empirical analysis.The study used non-performing loan ratio (NPLR), credit to deposit ratio (CDR), interest rate spread (IRS), capital adequacy ratio (CAR), customer deposit growth rate (CDGR), and bank size as explanatory variables, and return on asset (ROA) as the dependent variable. The data were collected from the annual report of sample banks, banking and financial statistics, and the bank supervision report published by the Central Bank of Nepal. The study employed a descriptive and causal comparative research design, using Eviews-12 data analysis and modeling software for diagnosis of model, model fit, and analysis. Descriptive statistics, Pearson’s correlation analysis, and multiple regression models were also used. The random effect model was chosen as the fitted model after model diagnosis. The regression model showed that NPLR had a negative and statistically significant impact on ROA, whereas IRS had a positive and statistically significant impact on ROA. However, CDR had a positive but statistically insignificant impact on ROA. Result further showed that capital adequacy ratio, customer deposit growth rate, and bank size had a significant impact on ROA. It can be concluded that the strong credit performance and interest rate spread contribute to increase in bank profitability.
本研究采用面板最小二乘回归模型检验了信贷绩效和利差对尼泊尔商业银行盈利能力的影响。本文采用16家商业银行2013-2021年的余额面板数据,共128个观察值进行实证分析。本研究以不良贷款率(NPLR)、信存比(CDR)、利差(IRS)、资本充足率(CAR)、客户存款增长率(CDGR)、银行规模为解释变量,以资产收益率(ROA)为因变量。数据来源于样本银行年度报告、银行和金融统计数据以及尼泊尔中央银行发布的银行监管报告。本研究采用描述性和因果性比较研究设计,使用Eviews-12数据分析和建模软件进行模型诊断、模型拟合和分析。采用描述性统计、Pearson相关分析和多元回归模型。模型诊断后选择随机效应模型作为拟合模型。回归模型显示,NPLR对ROA的影响为负且有统计学意义,而IRS对ROA的影响为正且有统计学意义。然而,CDR对ROA有正但统计上不显著的影响。结果进一步表明,资本充足率、客户存款增长率和银行规模对资产收益率有显著影响。由此可见,良好的信贷表现和利差有助于银行盈利能力的提高。
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引用次数: 0
VAT elasticity on Nepalese economy without agriculture 没有农业的尼泊尔经济的增值税弹性
Pub Date : 2023-08-24 DOI: 10.3126/njmgtres.v3i1.57910
B. Sah, D. Pandey
This paper seeks to examine the elasticity of Value added tax (VAT) on Nepalese economy without agriculture. It, therefore, analyzes the impact of VAT on GDP in aggregate level without agriculture. This study adopts explanatory research design and attempts to determine the relationship between VAT and the GDP, exchange rate, market capitalization money supply and government spending being the intervening variables included in the model.In order for the specification of a model of cointegrated regression model with a time series data of the variables are employed for the study period of 20 years, from 1998/99 to 2017/18. The values of all the variables are converted into real price (constant price) by GDP deflator. The GDP deflator and CPI year 2013/14 have been assumed equivalent to the base year 2013/14 according to Nepalese fiscal year. Since it is observed that residuals are not normally distributed, autocorrelation and multicollinearity problem in the model, it is necessary to improve the non-normal distribution, autocorrelation and multicollinearity problem in the model. Therefore, the data are transposed into first difference and run the model with error correction model.The diagnostic test suggests that the residuals do not violet classical assumptions. The lagged residuals from 5.7.2 equation of Table 5.9 are statistically significant indicating the acceptable ground to take variable as cointegrated set. The result allows long-run and short-run dynamics of all the relationship between GDPWA and VAT. The estimated coefficient of VAT in error correction model shows that one percent point rise in VAT has led to 0.438 percent point increase in real GDPWA in short-run, whereas it is found 0.558 percent point in long-run. It means that short-run marginal productivity of VAT is 0.438 percent point, whereas its long-run percent point is 0.558.
本文旨在考察尼泊尔非农业经济中增值税的弹性。因此,本文在不考虑农业的情况下,分析了增值税对GDP总量的影响。本研究采用解释研究设计,试图确定增值税与GDP、汇率、市值、货币供应量和政府支出之间的关系,作为模型中的干预变量。为了规范模型的协整回归模型,采用时间序列的变量数据,研究周期为20年,从1998/99年到2017/18年。所有变量的值通过GDP平减指数转换为实际价格(不变价格)。根据尼泊尔财政年度,假设2013/14年的GDP平减指数和CPI与2013/14年的基准年相当。由于观察到模型中残差存在非正态分布、自相关和多重共线性问题,有必要对模型中的非正态分布、自相关和多重共线性问题进行改进。因此,将数据转置为一阶差分并运行带有误差修正模型的模型。诊断检验表明,残差不符合经典假设。表5.9公式5.7.2的滞后残差具有统计学意义,表明可以接受将变量作为协整集。结果允许gdp和增值税之间的所有关系的长期和短期动态。误差修正模型中增值税系数的估计表明,增值税每提高1个百分点,短期内实际gdp增长0.438%,长期内实际gdp增长0.558个百分点。这意味着增值税的短期边际生产率为0.438%,而其长期边际生产率为0.558。
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引用次数: 0
Issues on Role of Gender, Age and Qualification of faculties on Job Performance 性别、年龄及教师资历对工作表现的影响
Pub Date : 2023-08-24 DOI: 10.3126/njmgtres.v3i1.57916
S. Sapkota
The purpose of this study is to examine the association of gender, age and qualification of faculties with their perceived organizational justice and job performance. For this study faculties of 7 QAA certified colleges were taken through judgmental sampling. Sample size was 396 faculties determined by using slovins formula. Descriptive and cross-sectional research design was used. This study found there is no association of gender, age and qualification of faculties with job performance in Nepalese QAA Colleges. The strongest implication of this study is that fairness is an important motivator of job performance at work place.
摘要本研究旨在探讨教师性别、年龄、资历对其组织公平感及工作绩效的影响。在本研究中,通过判断抽样选取了7所QAA认证院校的教师。样本量为396个院系,采用斯洛文斯公式确定。采用描述性和横断面研究设计。本研究发现,尼泊尔QAA学院教师的性别、年龄和资格与工作绩效没有关联。本研究最强烈的暗示是,公平是工作场所工作绩效的重要激励因素。
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引用次数: 0
Consumer buying behaviour of frozen foods in Chitwan district 奇旺地区消费者购买冷冻食品的行为
Pub Date : 2022-09-09 DOI: 10.3126/njmgtres.v2i1.48266
Ujjwal Poudel
This Research was done to analyse the buying behaviour of frozon foods in Chitwan district. The data was obtained from the questionnaire and analysed with the help of different tabular presentations along with their graphs. The three hundred respondents of different age group was selected to find the relevant data. The researcher found that majority of consumer of Frozen foods is male and for occupations are concern, businesspersons have greater number in comparison with other occupation. Majority of consumer drinking Frozen foods in Chitwan district is of the age group of 20-50 years.
本研究旨在分析奇旺地区冷冻食品的购买行为。数据是从问卷中获得的,并借助不同的表格及其图表进行分析。选取300名不同年龄段的受访者进行相关数据的调查。研究人员发现,冷冻食品的大部分消费者是男性,对于职业来说,商人的数量比其他职业要多。奇旺地区大多数饮用冷冻食品的消费者年龄在20-50岁之间。
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引用次数: 0
Citizen's Involvement in Local Development Activities in Nepal 尼泊尔公民对地方发展活动的参与
Pub Date : 2022-09-09 DOI: 10.3126/njmgtres.v2i1.48257
Hari P. Adhikari
The main focus of this study is to investigate the extent of participation of the local people in local development activities in Nepal. Descriptive and analytical research design is used in this study. The data collected through questionnaire from 70 respondents was used for the analysis. As per the data collected, the findings showed that the marginalized people were not sharing equitable benefit from the local development activities including governmental services. Similarly, the extent of implementing local projects was found to be weak. The findings from this study can provide information about the citizen’s involvement in local development activities in Nepal. It could be helpful to provide some special guidelines to the policy makers for improving local governance.
本研究的主要重点是调查尼泊尔当地人民参与当地发展活动的程度。本研究采用描述性和分析性研究设计。通过对70名受访者的问卷调查收集的数据用于分析。根据收集的数据,调查结果表明,边缘化人群没有从包括政府服务在内的地方发展活动中公平地分享利益。同样,发现地方项目的执行程度很弱。本研究的结果可以提供尼泊尔公民参与当地发展活动的信息。这将有助于为政策制定者改善地方治理提供一些特殊的指导。
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引用次数: 0
期刊
Nepalese Journal of Management Research
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