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Impact of Governance and Financial Development on Foreign Direct Investment in BRICS Nations 金砖国家治理和金融发展对外国直接投资的影响
IF 3.8 Q1 BUSINESS, FINANCE Pub Date : 2023-09-30 DOI: 10.31014/aior.1992.06.03.519
A. Wasnik, Ishan Kumar Sarraf
The study tries to understand the impact of Governance and Financial Development on the FDI inflow in the BRICS nations. The study uses the panel regression method to analyze the degree of impact of these indicators on the FDI inflow. The study found that the unit change in Government Effectiveness, Political Stability, and Regulatory Quality will have a positive impact on the FDI inflow in BRICS nations by 1.353, 0.945, and 0.148536 times respectively, while any unit change in the Control of Corruption will have a negative impact on the FDI inflow by 2.820 times. Likewise, for Financial Development, any unit change in the Financial Market Depth and Financial Market Efficiency will positively impact the FDI inflow by 1.634 and 1.624 times, respectively. The study implies that the BRICS nations should focus on strengthening their Government Effectiveness, maintaining Political Stability, improve Regulatory Quality while combating corruption to attract FDI. Similarly, enhancing the Depth and Efficiency of their Financial Markets will significantly strengthen their FDI inflow. The researchers and scholars may pursue the policy implications provided within the study for gauging measures to improve the FDI Inflows in the BRICS nations through Governance and Financial Developments.
本研究试图了解治理和金融发展对金砖国家FDI流入的影响。本研究采用面板回归方法分析了这些指标对FDI流入的影响程度。研究发现,政府有效性、政治稳定性和监管质量的单位变化对金砖国家FDI流入的正向影响分别为1.353倍、0.945倍和0.148536倍,而腐败控制的单位变化对FDI流入的负向影响为2.820倍。同样,对于金融发展而言,金融市场深度和金融市场效率的任何单位变化将分别对FDI流入产生1.634倍和1.624倍的正向影响。研究表明,金砖国家应注重加强政府效率,保持政治稳定,提高监管质量,同时打击腐败,以吸引外国直接投资。同样,提高其金融市场的深度和效率将显著加强其外国直接投资流入。研究人员和学者可以根据研究中提供的政策含义,衡量通过治理和金融发展改善金砖国家FDI流入的措施。
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引用次数: 0
Income Inequality in India: An Empirical Analysis of Changing Paradigms 印度的收入不平等:变化范式的实证分析
Q1 BUSINESS, FINANCE Pub Date : 2023-09-30 DOI: 10.31014/aior.1992.06.03.524
Naveen, N. M. P. Verma
In this paper we have analysed economic inequality in India more specifically expressed in terms of income inequality in an empirical and historical frame. The period to which the analysis belongs is predominantly consists of the two phases, first the colonial period and second the post-independent era. The analysis for post independent India is presented in two phases, the planned economy period from 1950 to 1990 and the post reform economic policy regime from 1991 to 2020. We have presented in most precise and in brief the estimates of some of the most notable quantitative enquiries through empirical trends and patterns. We have also presented broad interpretations concerning the predominance of institutional and technical factors that govern and prolong the status of economic affluence in a society in congruence to specifically distinct historical phases signifying the primacy of these factors in determining the scope of production and exchange in the economy. The inferences drawn on the basis of the estimates of income distribution available at our disposal reflect high income inequality during much of the colonial period. Amidst the limitations, concerning the availability and the robustness of data, we find that self-determination in form of political freedom has the potential to generate and maintain conditions for greater economic equality which we observe during planned economic development in India. However this potential is limited by state of technology and optimized by institutional development concerning public goods within the broad purview of modern welfare state.
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引用次数: 0
Government Support for Startups: A Comprehensive Analysis of Funding Initiatives and the Role of the Indian Government in Nurturing the Startup Ecosystem 《政府对初创企业的支持:对印度政府在培育创业生态系统中的资助举措和作用的综合分析》
Q1 BUSINESS, FINANCE Pub Date : 2023-09-30 DOI: 10.31014/aior.1992.06.03.523
Anurag Piyamrao Wasnik, Abhinav Jain
This research paper explores the role of government funds and initiatives in nurturing and enhancing startup ecosystems. Focusing on the Indian context, the study examines the comprehensive support provided by the Indian government to promote the growth and development of startups. Through a robust methodology involving secondary research and systematic review of government sources, the research identifies and catalogs nearly 50 distinct startup schemes, including grants, subsidies, incubators and financial assistance programs. The Indian government has dedicated divisions and ministries, such as Atal Innovation Mission and the Department for Promotion of Industry and Internal Trade (DPIIT), to provide comprehensive assistance to new enterprises. Moreover, the government has prioritized the establishment of high-quality incubators and accelerators across the country to foster collaboration, innovation, and knowledge exchange among entrepreneurs. The research underscores the vital role played by government funds and initiatives in overcoming financial barriers and empowering startups to pursue innovative ideas. The remarkable progress made by India in the Global Innovation Index rankings further demonstrates the positive impact of government investment in nurturing a thriving startup ecosystem. The success stories of other vibrant startup ecosystems, such as Singapore, Israel, and Barcelona, further underscore the importance of government funding and initiatives in driving startup growth and success. The research concludes that government support serves as a catalyst for the development of vibrant startup ecosystems, driving economic growth, job creation, and societal advancement. The research contributes to the existing knowledge on entrepreneurship and startup ecosystem development, enabling stakeholders to capitalize on the government's support system.
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引用次数: 0
Influence of Green Marketing Mix on Purchase Intention of Vietnamese Consumers for Green Food 绿色营销组合对越南消费者绿色食品购买意愿的影响
IF 3.8 Q1 BUSINESS, FINANCE Pub Date : 2023-09-30 DOI: 10.31014/aior.1992.06.03.518
Nguyen Hoai Long, L. Huong, N. H. Dung
Businesses are making efforts to implement green marketing to meet the needs of consumers and build a sustainable living environment. Many studies around the world have investigated the influence of marketing mix on green purchase behavior. In order to understand the impact of 7Ps tools of retail service marketing on Vietnamese consumers' green food purchase intention, this study surveyed 368 consumers and analyzed quantitative data. Research shows that 7Ps of green retail stores affect customers attitude and their attitude have impact on their purchase intention. This result is the basis for green food retailers in Vietnam to understand consumers and make more effective green marketing decisions.
企业正在努力实施绿色营销,以满足消费者的需求,建立可持续的生活环境。国际上有许多研究调查了营销组合对绿色购买行为的影响。为了了解零售服务营销的7Ps工具对越南消费者绿色食品购买意愿的影响,本研究调查了368名消费者,并对定量数据进行了分析。研究表明,绿色零售店的7p影响顾客的态度,顾客的态度影响顾客的购买意愿。这一结果是越南绿色食品零售商了解消费者并做出更有效的绿色营销决策的基础。
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引用次数: 0
The Sustainable Factors of the East Priangan Micro and Small Entrepreneurs during the COVID-19 Pandemic 2019冠状病毒病大流行期间东普里扬甘小微企业家的可持续发展因素
IF 3.8 Q1 BUSINESS, FINANCE Pub Date : 2023-09-30 DOI: 10.31014/aior.1992.06.03.517
Z. A. Sahabuddin, Edy Sulistyadi, P. Suwarno, Supandi Halim, Mochamad Ramza Rapier Gussa
In Indonesia, the number of micro and small businesses is dominant; therefore, their economic defense against uncertainty becomes vital, especially during the Covid-19 pandemic. By utilizing the explorative approach, this study wants to know the effect of this pandemic on the ability of micro and small businesses in East Priangan to sustain and detect their internal and external sustainability factors during this pandemic. Furthermore, to accomplish these purposes, this study uses interviews to get the data based on the viewpoint of the eight businesspersons in one city: Tasikmalaya, and two regencies: Pangandaran and Ciamis. Based on the result, this study concludes that a heavily damaging effect exists in the business related to tourist attractions (a restaurant in Pangandaran), supplier of materials to restaurants (a tempeh producer in Ciamis), and crowding creation (the seller of various snacks and a wedding organizer in Ciamis). Meanwhile, the middle-damaging impact happens in the coffee shop in Tasikmalaya, the hawker of round-shaped snacks with a chewy texture, and the food staller of hollow tofu with a sauce made of salt, onion, and brown sugar in Ciamis but a street vegetable hawker in Ciamis experiences low-damaging influence. After being asked about internal and external sustainable factors fronting this pandemic, they declare that having money left and using Instagram and WhatsApp to receive consumer orders become their internal sustainable factors. Meanwhile, receiving government aid is an external factor for business survival during the pandemic.
在印度尼西亚,微型和小型企业的数量占主导地位;因此,它们对不确定性的经济防御变得至关重要,特别是在2019冠状病毒病大流行期间。本研究利用探索性方法,想要了解这次大流行对东普里扬甘微型和小型企业在这次大流行期间维持和发现其内部和外部可持续性因素的能力的影响。此外,为了达到这些目的,本研究采用访谈的方式,以一个城市:Tasikmalaya和两个县:Pangandaran和Ciamis的八名商人的观点为基础,获得数据。基于这一结果,本研究得出的结论是,与旅游景点相关的业务(Pangandaran的一家餐馆)、餐馆材料供应商(Ciamis的一家豆豉生产商)和拥挤创造(Ciamis的各种小吃销售商和婚礼组织者)存在严重的破坏性影响。与此同时,在有嚼劲的圆形小吃小贩Tasikmalaya的咖啡店和以盐、洋葱和红糖制成的酱料制成的空心豆腐的食品摊贩受到中等程度的破坏影响,但在米米斯的街头蔬菜小贩受到低程度的破坏影响。在被问及应对疫情的内部和外部可持续因素后,他们宣布,剩下的钱和使用Instagram和WhatsApp接收消费者订单是他们的内部可持续因素。与此同时,在疫情期间,接受政府援助是企业生存的外部因素。
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引用次数: 0
Sustainable Supply Chain in the Textile and Garment Industry of Vietnam 越南纺织服装业的可持续供应链
Q1 BUSINESS, FINANCE Pub Date : 2023-09-30 DOI: 10.31014/aior.1992.06.03.533
Thi Mai Huong Doan, Tram Anh Vu
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引用次数: 0
Analysis of Interest in Forming Cooperatives in Kayoman Village, Gedangsari District, Gunungkidul Regency, Yogyakarta 日惹Gunungkidul县Gedangsari区Kayoman村对组建合作社的兴趣分析
Q1 BUSINESS, FINANCE Pub Date : 2023-09-30 DOI: 10.31014/aior.1992.06.03.529
Shinta Heru Satoto, Hasa Nurrohim KP, C Ambar Pujiharjanto
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引用次数: 0
Research on Digital Marketing for Play Nutrition’s Nutrition Bar Play Nutrition旗下营养棒的数字营销研究
Q1 BUSINESS, FINANCE Pub Date : 2023-09-30 DOI: 10.31014/aior.1992.06.03.534
Hoang Thanh Tung, Nguyen Thi Van Anh, Nguyen Quoc Anh
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引用次数: 0
ESG score, board structure and the impact of the non-financial reporting directive on European firms ESG评分、董事会结构和非财务报告指令对欧洲公司的影响
IF 3.8 Q1 BUSINESS, FINANCE Pub Date : 2023-09-01 DOI: 10.1016/j.jeconbus.2023.106133
Marco Bigelli, Stefano Mengoli, Sandro Sandri

The primary objective of this research is to examine the impact of the EU Non-Financial Reporting Directive on the significance of specific board characteristics in promoting higher ESG scores among 835 European companies listed from 2002 to 2020. Empirical results indicate that gender diversity, cultural diversity, a higher number of independent directors on the board, and the presence of a CSR committee all significantly contribute to achieving higher ESG scores. Furthermore, the Non-Financial Reporting Directive 95/2014, which requires large EU firms to report on various environmental, social, and governance issues, not only drives EU firms to attain higher ESG scores but also significantly reduces the ESG gap between companies with and without a CSR committee. Meanwhile, other board characteristics have maintained their relevance to a substantial extent.

本研究的主要目的是检验欧盟非财务报告指令对特定董事会特征在促进2002年至2020年期间上市的835家欧洲公司提高ESG分数方面的重要性的影响。实证结果表明,性别多样性、文化多样性、董事会中独立董事数量较多以及企业社会责任委员会的存在都显著有助于企业获得更高的ESG分数。此外,非财务报告指令95/2014要求大型欧盟公司报告各种环境,社会和治理问题,不仅推动欧盟公司获得更高的ESG分数,而且显著缩小了有和没有企业社会责任委员会的公司之间的ESG差距。与此同时,董事会的其他特征在很大程度上保持了相关性。
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引用次数: 0
The impact of bank competition on contagion risk: The case of Mexico 银行竞争对传染风险的影响:以墨西哥为例
IF 3.8 Q1 BUSINESS, FINANCE Pub Date : 2023-09-01 DOI: 10.1016/j.jeconbus.2023.106135
Enrique Bátiz-Zuk , José Luis Lara-Sánchez

This paper examines the link between bank competition measures and risk indicators using quarterly interbank exposures data for all banks in Mexico during 2008Q1–2019Q1. The classical literature focuses on disentangling the link between competition and individual bank solvency risk. In this paper, we take one step forward in analyzing the relationship between competition and systemic risk. We use counterfactual bank-level contagion risk indicators as a proxy of systemic risk to assess their relationship with traditional competition measures. Our main finding indicates a negative relationship between the bank-level Lerner index and systemic risk. This means that an increase in competition is associated with an increase in systemic risk. Additionally, we find that the implementation of regulatory reform during the period studied does not affect this relationship.

本文利用2008年第一季度至2019年第一季度墨西哥所有银行的季度银行间风险敞口数据,研究了银行竞争措施与风险指标之间的联系。古典文献的重点是解开竞争与个别银行偿付能力风险之间的联系。在本文中,我们进一步分析了竞争与系统性风险的关系。我们使用反事实银行级传染风险指标作为系统风险的代理来评估它们与传统竞争措施的关系。我们的主要发现表明,银行层面的勒纳指数与系统性风险之间存在负相关关系。这意味着,竞争的加剧与系统性风险的增加有关。此外,我们发现,在研究期间实施监管改革并不影响这一关系。
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引用次数: 0
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JOURNAL OF ECONOMICS AND BUSINESS
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