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Working Capital Management and Financial Performance of Private Hospitals in Western Uganda: The Mediating Effect of Competitive Advantage 乌干达西部私立医院营运资金管理与财务绩效:竞争优势的中介作用
IF 0.6 Q3 Economics, Econometrics and Finance Pub Date : 2021-04-30 DOI: 10.47672/IJBS.702
Muhindo Cranimar, Rwakihembo John
Purpose: This study aimed at examining the mediating effect of competitive advantage in the relationship between working capital management (WCM) and the financial performance of private hospitals in Western Uganda. Methodology: The study adopted a positivist approach and a cross-sectional research design to collect data from 32 Private hospitals in Western Uganda. A closed-ended questionnaire was used to collect data from hospital administrators, accountants, storekeepers and pharmacists in private hospitals who were purposively selected. Hierarchical multiple regression was used for data analysis. Findings: Results indicate that competitive advantage is a significant mediator in the relationship between working capital management and private hospitals' financial performance in Western Uganda. Unique Contribution to practice and policy: The study has deep-rooted the urgent need for private hospitals to adopt more innovative strategies to attain a competitive edge and hence superior financial performance. However, the study was positivistic, thus subject to methods bias that could have affected the results' validity. Keywords: Working Capital Management, Competitive advantage, financial performance
目的:本研究旨在检验竞争优势在乌干达西部私立医院营运资金管理(WCM)与财务绩效之间关系的中介作用。方法:该研究采用实证方法和横断面研究设计,从乌干达西部的32家私立医院收集数据。使用封闭式问卷从私立医院的医院管理人员、会计师、店主和药剂师那里收集数据。数据分析采用分层多元回归方法。研究结果:结果表明,竞争优势是乌干达西部私立医院营运资金管理与财务绩效之间关系的重要中介。对实践和政策的独特贡献:这项研究根深蒂固地表明,私立医院迫切需要采取更具创新性的战略,以获得竞争优势,从而获得卓越的财务业绩。然而,这项研究是实证性的,因此存在可能影响结果有效性的方法偏差。关键词:营运资金管理、竞争优势、财务业绩
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引用次数: 2
Impact of Stock Market and Bank Development on the Firm’s Growth: Evidence from Pakistan 股票市场和银行发展对公司增长的影响:来自巴基斯坦的证据
IF 0.6 Q3 Economics, Econometrics and Finance Pub Date : 2021-04-30 DOI: 10.20469/IJBAS.7.10002-2
Qasim Khan, Mao Xinshu, M. Haider, Afaq Haider Jaffari
Aim: Despite years of empirical research, the nexus between banks development and the stock market with economic growth is still controversial. This study examined the impact of the stock market and banks development on the firm’s growth in Pakistan. The sector of non-financial firms chosen for analysis and financial firms ignored because of different structure. The sample of 45 firms listed on the Pakistan Stock Exchange (PSX) from the period of 2014-2019 used for the analysis. The sample has been selected based on the firm’s market capitalisation and random effect model to estimate both institution development and firm growth. We controlled the firm’s profitability, interest, and inflation. The results are robust to the Estimated Generalised Least Squares (EGLS) method. Results showed that significant positive relation exists between stock market development and firm growth, while a negative association exists between banks development and firm growth. Furthermore, control variables (profitability, interest, and inflation) have a significant negative impact on firm growth. The findings contribution in literature with perspective to Pakistan because prior studies done related to developed countries. Policymakers may use this study for making policy related to firms and economic growth.
目的:尽管进行了多年的实证研究,但银行发展和股市与经济增长之间的关系仍然存在争议。这项研究考察了股票市场和银行发展对该公司在巴基斯坦的增长的影响。选择进行分析的非金融企业部门和因结构不同而被忽视的金融企业部门。分析使用了2014-2019年期间在巴基斯坦证券交易所上市的45家公司的样本。样本是根据公司的市值和随机效应模型选择的,用于估计机构发展和公司增长。我们控制了公司的盈利能力、利息和通货膨胀。结果对估计广义最小二乘法(EGLS)具有鲁棒性。结果表明,股票市场发展与企业成长之间存在显著的正相关关系,而银行发展与企业增长之间存在负相关关系。此外,控制变量(盈利能力、利息和通货膨胀)对公司增长有显著的负面影响。研究结果对巴基斯坦的文献有贡献,因为之前的研究与发达国家有关。政策制定者可以利用这项研究制定与企业和经济增长相关的政策。
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引用次数: 0
Some New Alternative Formulations of Adaptive Kalman Filter for Market Risk Beta Estimation 市场风险估计中自适应卡尔曼滤波的一些新的替代公式
IF 0.6 Q3 Economics, Econometrics and Finance Pub Date : 2021-04-01 DOI: 10.4018/IJBAN.2021040102
Atanu Das
Kalman filter (KF) provides optimal beta estimate with linear models where the noise covariances are known a priori. Noise covariance adaptation-based adaptive KFs (AKFs) have also been used to get these beta estimates. These AKFs suffer from one typical problem, namely inadequate noise filtering. This paper explores some new formulation of such AKFs to solve this problem in addition to applying other related existing formulations. The proposed methods have been analysed through simulation study along with empirical performance verifications through VaR backtesting, expected shortfall analysis, and in-sample performance analysis. Results show that two new and one existing AKFs are successful to provide smooth beta estimates.
卡尔曼滤波器(KF)提供了具有线性模型的最优贝塔估计,其中噪声协方差是先验已知的。基于噪声协方差自适应的自适应KF(AKF)也被用于获得这些β估计。这些AKF存在一个典型的问题,即噪声滤波不足。除了应用其他相关的现有配方外,本文还探索了这种AKF的一些新配方来解决这个问题。通过模拟研究以及通过VaR回溯测试、预期缺口分析和样本内绩效分析进行的实证绩效验证,对所提出的方法进行了分析。结果表明,两个新的和一个现有的AKF成功地提供了平稳的贝塔估计。
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引用次数: 0
Hydrodynamic Flood Modelling of Large Regions Under Data-Poor Situations 数据贫乏情况下大区域水动力洪水模拟
IF 0.6 Q3 Economics, Econometrics and Finance Pub Date : 2021-04-01 DOI: 10.4018/IJBAN.2021040101
M. Mohanty, S. Karmakar
A serious constraint of data availability over flood-prone areas in India limits the potential of carrying out hydrodynamic flood modelling studies. Such difficulties are encountered because of a lack of high-resolution topography, cross-section data of the rivers, and sufficient and accurate calibration and validation data sets. The present study addresses the problems faced in performing a comprehensive 1D-2D coupled flood modelling over a flood disastrous region Jagatsinghpur, Odisha, India. The constraints faced in terms of hydraulic parameters such as water level, discharge, and geometric parameters such as river geometry are investigated. The simulations were performed for a severe flood event in 2011 that incurred heavy socio-economic losses in the district. The establishment of a modelling platform for flood simulation shall elucidate the major constraints faced in hydrodynamic modelling for such flood-prone areas with poor data availability.
印度洪水易发地区的数据供应严重受限,限制了开展水动力洪水模拟研究的潜力。由于缺乏高分辨率的地形和河流断面数据,以及足够和准确的校准和验证数据集,因此遇到了这些困难。本研究解决了在印度奥里萨邦Jagatsinghpur洪水灾害地区进行全面的1D-2D耦合洪水建模所面临的问题。研究了水力参数(如水位、流量)和几何参数(如河流几何)所面临的约束。该模拟是针对2011年给该地区造成严重社会经济损失的严重洪水事件进行的。洪水模拟建模平台的建立,需要阐明在这些数据匮乏的洪水易发地区进行水动力建模所面临的主要制约因素。
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引用次数: 1
The Role of Analytics and Robo-Advisory in Investors' Financial Decisions and Risk Management 分析和机器人咨询在投资者财务决策和风险管理中的作用
IF 0.6 Q3 Economics, Econometrics and Finance Pub Date : 2021-04-01 DOI: 10.4018/IJBAN.2021040104
Abhinav Pal, Shalini Sharma, K. Gupta
The global financial world has been experiencing increasing complexities in the design and construct of financial instruments, wherein the average retail investors need to be well informed and aware of the risks about the evolution of financial products and financial system. The global financial crisis of 2008-2009 is evident to the fact that traditional methods of financial advisory involving the use of human intermediaries and financial advisors is not an infallible method to determine one's financial decision or risk management. Almost a decade since the crisis, the advancement of financial technology in the form of robo-advisors and the use of data and visual analytics have completely transformed the way the retail investors make their financial decisions and also in the sphere of risk management of these investors. The study qualitatively analyses the use of the use of analytics and robo-advisory in determining retail investors' financial decisions and risk management by doing a systematic and an exhaustive literature review on the latest and the past studies on the topic.
全球金融世界在金融工具的设计和构建方面日益复杂,其中普通散户投资者需要充分了解和意识到金融产品和金融体系演变的风险。2008-2009年的全球金融危机很明显地表明,传统的财务咨询方法,包括使用人力中介和财务顾问,并不是确定一个人的财务决策或风险管理的可靠方法。金融危机爆发近十年来,金融技术的进步,如机器人顾问、数据和可视化分析的使用,彻底改变了散户投资者做出金融决策的方式,也改变了这些投资者的风险管理方式。本研究通过对该主题的最新和过去的研究进行系统和详尽的文献综述,定性地分析了分析和机器人咨询在确定散户投资者财务决策和风险管理方面的使用。
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引用次数: 0
A Humanitarian Green Supply Chain Management Considering Minimum Cost and Time 考虑最小成本和时间的人道主义绿色供应链管理
IF 0.6 Q3 Economics, Econometrics and Finance Pub Date : 2021-04-01 DOI: 10.4018/IJBAN.2021040105
D. Sengupta, Amrit Das, U. Bera, Anirban Dutta
Disaster is the sudden problem of the world. There is no time bound. By disaster, all the creatures of the earth are affected. Here, the authors have tried to show some issues which are related to the natural calamities and green transportation. The main investigation of the paper is to describe about humanitarian supply chain management with optimized transportation cost, time, and carbon emission. Here a real-life problem of flood affected area has been chosen. When such disasters happen, quick response can reduce the devastation and save lives, and thus, it requires fulfilling the basic humanitarian needs of the affected population. In such case, organizations should also maintain the emission of the vehicles in safe range to mitigate the further disaster by pollution. A multi-objective solid transportation problem considering cost, time, and emission has been presented here. To solve the problem, this paper has used goal programming method and pareto optimal solution method. A comparison of results is also shown later. Some managerial insights are drawn to describe the situation.
灾难是世界上突如其来的问题。没有时间限制。地球上所有的生物都受到灾难的影响。在这里,作者试图展示一些与自然灾害和绿色交通有关的问题。本文的主要研究内容是描述具有优化运输成本、时间和碳排放的人道主义供应链管理。这里选择了一个受洪水影响地区的现实问题。当这种灾难发生时,快速反应可以减少破坏并拯救生命,因此,它需要满足受灾人口的基本人道主义需求。在这种情况下,组织还应将车辆的排放量保持在安全范围内,以减轻污染造成的进一步灾难。本文提出了一个考虑成本、时间和排放的多目标固体运输问题。为了解决这一问题,本文采用了目标规划法和帕累托最优解法。结果的比较也在后面显示。一些管理见解被用来描述这种情况。
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引用次数: 2
Strategies for Teaching Undergraduate Business Students Data Analytics 商科本科生数据分析教学策略
IF 0.6 Q3 Economics, Econometrics and Finance Pub Date : 2021-03-31 DOI: 10.33642/IJBASS.V7N3P3
J. K. Atkinson, Ray J. Blankenship, Brady Crawford, Tucker S. Ramage
Several class sections at a Midwestern, public university were instructed in basic data analytics concepts using SimNet® preparatory assignments with Microsoft Excel®, additional instructional materials, and subsequent analytics projects. Performance on each analytics project was measured against performance on the preparatory Excel assignments as well as the student final course performance. The preparatory assignments prepared students for associated analytics projects as well as the final assessment.
中西部一所公立大学的几个班级使用SimNet®与Microsoft Excel®的准备作业、额外的教学材料和随后的分析项目,学习基本数据分析概念。每个分析项目的表现都是根据Excel准备作业的表现以及学生期末课程的表现来衡量的。准备作业为学生准备相关的分析项目以及最终评估。
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引用次数: 0
A retrospective analysis of organizational change: A case study of Octaware Technologies 组织变革的回顾性分析:以Octaware Technologies为例
IF 0.6 Q3 Economics, Econometrics and Finance Pub Date : 2021-03-29 DOI: 10.47672/IJBS.688
Mohammed Khan
Purpose: The aim of this paper was to describe the change events as a case study in Octaware Technologies and analyze the change events utilizing the constructs of organizational development in order to get a better understanding of the change in an organization. Methodology: This study was conducted using a qualitative case study method to analyze the organizational change event in Octaware Technologies. Findings: The study revealed that the external environment of regulatory and economic change are the key drivers of organizational development in the company. The findings also highlighted that the organizational development of the company is demonstrated by its learning culture and outstanding management processes. Unique contribution to theory, practice, and policy: The results of the study make two contributions to the literature. First, the author sheds light on the underlying change that leads to the improvement of the specific construct of organizational development. Second, the author presented an empirically validated model conceptualized from a theoretical framework of organizational development.
目的:本文的目的是将变更事件描述为ocware Technologies的一个案例研究,并利用组织发展的结构来分析变更事件,以便更好地理解组织中的变更。研究方法:本研究采用定性案例研究方法来分析Octaware Technologies公司的组织变革事件。研究发现:监管和经济变化的外部环境是公司组织发展的关键驱动因素。研究结果还强调,该公司的组织发展体现在其学习文化和优秀的管理流程上。对理论、实践和政策的独特贡献:研究结果对文献有两方面的贡献。首先,作者揭示了导致组织发展具体结构改进的潜在变化。其次,作者从组织发展的理论框架中提出了一个经验验证的模型。
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引用次数: 1
The Code of Lek Dukagjini in the Prism of the Italian Professor Salvatore Vilari 意大利教授Salvatore Vilari的棱镜中Lek Dukagjini的密码
IF 0.6 Q3 Economics, Econometrics and Finance Pub Date : 2021-02-28 DOI: 10.33642/IJBASS.V7N2P2
Prof.Asoc.Dr. Besim Muhadri
The Kanun of Leke Dukagjini is a collection of Albanian norms and customs with a legal-social character, in several centuries, before and after the life of Leke Dukagjini, which is thought to be a codifier. The laws of the Code have long served as social norms and as a system of self-government that prevailed in the highlands of northern Albania at the time when the region was ruled by the Ottoman Empire. The Code has a fundamental importance in the history of the Albanian people as it is an ancient document.His first written form refers to Leke Dukagjini, although it is considered to have existed long ago and to belong to the traditions of oral traditions inherited from generation to generation. The Code by Lekë Dukagjini was summarized with notes by Father Shtjefën Gjeçovi during the years 1910-1925 and was published in 1933, after Gjeçov's death. The interests of scholars but also of translators have been constant. It was first translated into Italian, then into Serbian, French, Russian, and English. The English translation, which resonated tremendously, was made in 1989 by Leonard Fox and published in New York.Numerous scholars from different parts of the world have written about the ancient Albanian Code. One of them is the Italian professor of colonial law at the Royal University of Rome, Salvatore Vilari, who in 1940 published a long study entitled "Albanian customary legal norms-Kanun of Lekë Dukagjini" (Le consuetudini giuridiche dell'Alabania-Il Kanun di Lek Dukagjin), for which we will talk in our paper. In this paper he deals with the origin of the Code of Lek Dukagjini, the influential weight of the Dukagjins, the summary (book) of Father Gjeçov and Nopça, the territorial power of the Kanun, with the basic concepts on the Albanian tribe, the organs of the tribe, the leaders of the tribe, the blood feud and with many elements which characterize this monumental work of Albanians.
Leke Dukagjini的《卡努》(Kanun of Leke Dukagjini)收集了Leke Dukagjini生前和之后几个世纪的阿尔巴尼亚规范和习俗,具有法律社会特征,被认为是一部法典编纂者。在奥斯曼帝国统治阿尔巴尼亚北部高地时,《法典》的法律长期以来一直是社会规范和自治制度。《治罪法》在阿尔巴尼亚人民的历史上具有根本的重要性,因为它是一份古老的文件。他的第一个书面形式指的是Leke Dukagjini,尽管它被认为很久以前就存在了,属于代代相传的口头传统。Lekë Dukagjini编写的《法典》在1910-1925年期间由Shtjefën gje罗夫神父总结,并在gje罗夫去世后的1933年出版。学者和翻译家的兴趣一直是不变的。它首先被翻译成意大利语,然后被翻译成塞尔维亚语、法语、俄语和英语。1989年,伦纳德·福克斯(Leonard Fox)将小说翻译成英文,并在纽约出版,引起了极大的反响。来自世界各地的许多学者都写过关于古代阿尔巴尼亚法典的文章。其中之一是罗马皇家大学的意大利殖民法教授Salvatore Vilari,他在1940年发表了一篇名为“阿尔巴尼亚习惯法规范- Lekë Dukagjini的Kanun”(Le consuetudini giuridiche dell'Alabania-Il Kanun di Lek Dukagjini)的长篇研究,我们将在我们的论文中对此进行讨论。在本文中,他论述了《Lek Dukagjini法典》的起源、Dukagjini的影响力、gje洛夫神父和nop拉神父的总结(书)、卡努人的领土权力、阿尔巴尼亚部落的基本概念、部落的机构、部落的领导人、血战以及阿尔巴尼亚人这部不朽作品的许多特征。
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引用次数: 0
The elevation of awareness and imagination in the novel “The Great is the Lament of Sin” of the author Mitrush Kuteli. 作者Mitrush Kuteli的小说《伟大是罪恶的哀歌》中意识和想象力的提升。
IF 0.6 Q3 Economics, Econometrics and Finance Pub Date : 2021-02-28 DOI: 10.33642/IJBASS.V7N2P3
Prof. ass. dr. Fitor Ollomani
In our paper, we have tried to create a brief overview of the influence of literature, as a precious piece of culture, in the development of the reader's imagination. Not without any purpose, we have chosen the novel "The Great is the Lament of Sin". In this work, we can come up with a tendency, where the relationship between the reader and the literary work passes to the levels of euphoria passing through the limits of mythicism and surrealism in elevating the imagination.Our attention has been given to some important issues such as:Exaltation of awareness and imagination in relation to sin and desire for life.The spiritual exaggeration of the protagonists as a cultural model interfering in Balkan, but not only at mythical times.The model of eternity, issues of surrealism and religious culture, according to the worldview and imagination in Albanian culture.The twisting of time is the product of the consciousness and imagination of the protagonists in this work. Confession is the best model in describing euphoric behaviors in culture.
在本文中,我们试图简要概述文学作为一种宝贵的文化,对读者想象力发展的影响。并非没有任何目的,我们选择了小说《伟大的是罪恶的哀歌》。在这部作品中,我们可以得出一种趋势,即读者和文学作品之间的关系通过神话主义和超现实主义的极限,达到提升想象力的愉悦程度。我们已经注意到一些重要的问题,例如:提升与罪恶和对生命的渴望有关的意识和想象力。主人公的精神夸张作为一种文化模式干预巴尔干半岛,但不仅仅是在神话时代。永恒的模型,超现实主义和宗教文化的问题,根据阿尔巴尼亚文化中的世界观和想象力。时间的扭曲是这部作品中主人公意识和想象力的产物。忏悔是描述文化中愉悦行为的最佳模式。
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引用次数: 0
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International Journal of Business
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