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Determining Factors in The Decision of Fixed Assets Revaluation 决定固定资产重新估值的因素
Pub Date : 2023-12-01 DOI: 10.55057/ijaref.2023.5.4.1
This study aims to analyze the determinants of fixed asset revaluation decisions. This study uses data from financial reports and annual reports of manufacturing companies in the industrial sector on the Indonesia Stock Exchange for 2018-2022. The entire sample consists of 24 companies over five years (2018-2022). The analytical method in this study uses descriptive statistics and binary logistic regression. Based on the research results, it can be concluded that only fixed asset intensity affects fixed asset revaluation, while the leverage and liquidity variables do not affect fixed asset revaluation.
本研究旨在分析固定资产重估决策的决定因素。本研究使用的数据来自 2018-2022 年印尼证券交易所工业领域制造业公司的财务报告和年度报告。整个样本由 24 家公司组成,历时五年(2018-2022 年)。本研究的分析方法采用描述性统计和二元逻辑回归。根据研究结果可以得出结论:只有固定资产强度会影响固定资产重估,而杠杆率和流动性变量不会影响固定资产重估。
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引用次数: 0
Using Dispute Resolution Clause Efficiently in Managing Commercial Contract Cases 在管理商业合同案件中有效利用争议解决条款
Pub Date : 2023-12-01 DOI: 10.55057/ijaref.2023.5.4.6
Nowadays, parties generally prefer more efficient and cost-effective dispute resolution mechanisms in resolving commercial disputes. Thus, the shift from adversarial litigation to non-adversarial types of dispute resolution. The main objective of this article is to study the use of a dispute resolution clause in contracts in regulating the way of resolving commercial disputes. The specific objectives of this study are to identify the main content of a dispute resolution clause and to analyze the effects of invoking a dispute resolution clause at the pre-litigation and the initial litigation stages. This study is grounded in doctrinal legal research. The researcher obtained primary and secondary sources via the library and later analyzed them using critical and analytical approaches. This study mainly finds that efficient use of a well-drafted dispute resolution clause may produce intended results with time-saving and effort at the pre-litigation and early litigation stages. This study is significant for promoting non-adversarial dispute resolution mechanisms in resolving issues in commercial and non-commercial contracts via a dispute resolution clause and a multi-tiered dispute resolution clause.
如今,当事人在解决商业争议时普遍倾向于效率更高、成本效益更高的争议解决机制。因此,争议解决方式也从对抗式诉讼转向了非对抗性类型。本文的主要目的是研究在合同中使用争议解决条款来规范商事争议的解决方式。本研究的具体目标是确定争议解决条款的主要内容,并分析在诉前和初始诉讼阶段援引争议解决条款的效果。本研究以法学理论研究为基础。研究者通过图书馆获取了第一手资料和第二手资料,随后使用批判和分析方法对其进行了分析。本研究主要发现,在诉前和诉讼初期阶段,有效使用精心起草的争议解决条款可以达到省时省力的预期效果。本研究对于推广非对抗性争议解决机制,通过争议解决条款和多层次争议解决条款解决商业和非商业合同中的问题具有重要意义。
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引用次数: 0
Internal and External Factors that Boost the Performance of Social Enterprises During Covid-19 in Malaysia 促进马来西亚社会企业在 "Covid-19 "期间表现的内外部因素
Pub Date : 2023-12-01 DOI: 10.55057/ijaref.2023.5.4.3
The objective of this study is to examine the internal and external factors that contribute to the improvement of resilience and performance in social enterprises (SEs) operating in Malaysia, particularly in response to the unanticipated market conditions arising from the Covid-19 pandemic. Due to the unpredictable market conditions induced by the Covid-19 pandemic, this study aims to examine internal and external factors that can enhance the resilience and performance of social enterprises in Malaysia from the lens of Resource Dependence Theory and Resource-Based View Theory. This research is a quantitative-based study where an explanatory model was developed and statistically tested to analyse the data collected from an online survey conducted on 109 registered social enterprises in Malaysia. The statistical findings demonstrated that entrepreneurial orientation and network connections have a positive effect on the financial performance of social enterprises. Surprisingly, traditional business planning has a negative impact on financial performance during times of crisis. Moreover, this quantitative study affirms a notable association between fiscal performance and societal achievement, underscoring the pivotal importance of financial viability in fostering enduring social value. These observations provide valuable additions to the current body of knowledge on SEs and provide practical implications for individuals involved in the field, as well as policymakers and stakeholders.
本研究旨在探讨有助于提高在马来西亚运营的社会企业(SEs)的抗逆力和绩效的内部和外部因素,尤其是在应对 Covid-19 大流行病引发的意外市场状况时。由于 Covid-19 大流行病引发了不可预知的市场状况,本研究旨在从资源依赖理论和资源本位理论的视角出发,研究可提高马来西亚社会企业复原力和绩效的内部和外部因素。本研究以定量研究为基础,通过对 109 家马来西亚注册社会企业进行在线调查,建立了一个解释模型,并对收集到的数据进行了统计检验分析。统计结果表明,创业导向和网络联系对社会企业的财务业绩有积极影响。令人惊讶的是,在危机时期,传统的业务规划对财务业绩有负面影响。此外,这项定量研究肯定了财务业绩与社会成就之间的显著关联,强调了财务可行性在促进持久社会价值方面的关键重要性。这些观点为当前有关社会企业的知识体系提供了宝贵的补充,并为该领域的从业人员、政策制定者和利益相关者提供了实际意义。
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引用次数: 0
The Influence of Financial Attitude, Literacy, Knowledge and Skills on Financial Management Behaviour Among Students in Public University 公立大学学生的理财态度、素养、知识和技能对理财行为的影响
Pub Date : 2023-12-01 DOI: 10.55057/ijaref.2023.5.4.5
University students are considered a high-risk demographic with financial instability due to a high propensity towards funds to pay for education. This study explored the effects of the theory of planned behaviour; Attitude (financial attitude), Subjective Norms (financial literacy), and Perceived Behavioural Control (financial knowledge and skills) on financial management behaviour among public university students. All data were collected via a convenient sampling method by using a questionnaire with a total of 363 respondents to examine the alternative hypothesis. The results obtained in this study indicated that Attitude (financial attitude), Subjective Norms (financial literacy), and Perceived Behavioural Control (financial knowledge and skills) positively and significantly influenced financial management behaviour among students. As such, this study could be a useful source of information for the creation of a financial management syllabus, especially in higher education.
大学生被认为是财务不稳定的高风险人群,因为他们更倾向于使用资金来支付教育费用。本研究探讨了计划行为理论、态度(财务态度)、主观规范(财务知识)和感知行为控制(财务知识和技能)对公立大学学生财务管理行为的影响。所有数据都是通过方便抽样法收集的,共向 363 名受访者发放了调查问卷,以检验替代假设。研究结果表明,态度(财务态度)、主观规范(财务素养)和感知行为控制(财务知识和技能)对学生的财务管理行为有积极而显著的影响。因此,本研究可为制定财务管理教学大纲提供有用的信息,尤其是在高等教育中。
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引用次数: 0
Good Corporate Governance and Financial Performance 良好的公司治理和财务业绩
Pub Date : 2023-12-01 DOI: 10.55057/ijaref.2023.5.4.2
This study aims to examine the effect of good corporate governance mechanisms on financial performance in manufacturing companies in the consumer goods sub-sector listed on the Indonesia Stock Exchange for the 2019-2021 period. The mechanism of good corporate governance is proxied by Managerial Ownership, Institutional Ownership, and Audit Committees. Financial Performance is proxied by Return On Assets (ROA). Sampling Using the purposive sampling method, samples were obtained from as many as 30 companies. The technical data analysis used in this study is multiple linear regression analysis using the SPSS (Statistical Package for the Social sciences) version 25 assistance program. The results of this study show that institutional ownership and audit committees have a positive and significant effect on financial performance. While managerial ownership does not have a significant effect on financial performance.
本研究旨在考察良好公司治理机制对 2019-2021 年期间在印度尼西亚证券交易所消费品子行业上市的制造业公司财务绩效的影响。良好公司治理机制由管理者所有权、机构所有权和审计委员会来代表。财务绩效用资产回报率(ROA)表示。抽样 采用目的性抽样法,从多达 30 家公司中抽取样本。本研究采用的技术数据分析是多元线性回归分析,使用的是 SPSS(社会科学统计软件包)第 25 版辅助程序。研究结果表明,机构所有权和审计委员会对财务绩效有积极而显著的影响。而管理所有权对财务绩效的影响不大。
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引用次数: 0
The Impact of FDI on Economic Growth in ASEAN Countries in The Period 2011-2021 2011-2021 年期间外国直接投资对东盟国家经济增长的影响
Pub Date : 2023-12-01 DOI: 10.55057/ijaref.2023.5.4.4
The article assesses the impact of FDI on economic growth of some countries in the ASEAN area in the period 2011 - 2021 (including 11 countries). Using quantitative tools with the use of fixed (FE) and random (RE) estimation models for analysis to shows that FDI, population and inflation rate affect on FDI of ASEAN countries. From those results, the article makes some suggestions in order to attract FDI to ASEAN countries in the future.
文章评估了 2011-2021 年间外国直接投资对东盟地区部分国家(包括 11 个国家)经济增长的影响。利用定量工具,使用固定(FE)和随机(RE)估计模型进行分析,显示外国直接投资、人口和通货膨胀率对东盟国家外国直接投资的影响。根据这些结果,文章提出了一些建议,以便在未来吸引外国直接投资到东盟国家。
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引用次数: 0
A Theoretical Framework for Sustainability Initiatives from the Lens of Stakeholder Theory and Institutional Theory 利益相关者理论与制度理论视角下的可持续发展倡议理论框架
Pub Date : 2023-10-31 DOI: 10.55057/ijaref.2023.5.3.24
This paper proposes a theoretical framework that synthesises two theories in explaining business sustainability initiatives. The relevant theories are stakeholder theory and institutional theory that are commonly employed in the corporate social responsibility and sustainability literature. The similarities and interrelatedness of these two theories are contended as complementing instead of competing. In fact, they are relevant to be linked to sustainability initiatives in explaining the motivation of such effort from the perspective of these theories. Moving forward, this framework can be employed as a theoretical foundation for empirical studies to obtain better prediction on the motives and reasons of sustainability initiatives from different contexts. Also, it will be employed to gauge the relevance of these theories in explaining the engagement of business in such initiatives.
本文提出了一个理论框架,综合了两种理论来解释企业可持续发展举措。相关理论是企业社会责任和可持续发展文献中常用的利益相关者理论和制度理论。这两种理论的相似性和相互关联性被认为是互补的,而不是竞争的。事实上,从这些理论的角度解释这种努力的动机时,它们与可持续性倡议是相关的。展望未来,这一框架可以作为实证研究的理论基础,更好地预测不同背景下可持续发展举措的动机和原因。此外,它还将被用来衡量这些理论在解释企业参与此类举措方面的相关性。
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引用次数: 0
Audit Committee Characteristics and Financial Reporting Quality: Malaysia Cooperative Experience 审计委员会特征与财务报告质量:马来西亚合作经验
Pub Date : 2023-10-31 DOI: 10.55057/ijaref.2023.5.3.25
This study investigates the relationship between audit committee composition, audit committee meeting, audit committee independent with the financial reporting quality among cooperative society in Malaysia. A structured questionnaire was distributed to audit committee member, board members and the stakeholders of cooperative throughout Malaysia. The data analysis from 149 completed responses revealed that audit committee composition, audit committee meeting, audit committee independent proved to have a significant impact on the financial reporting quality among the cooperative society in Malaysia. The finding of this study not only contributed to literature in exploring determinant financial reporting quality of cooperative, but they also provide insights to the governing bodies and the cooperative stakeholders to make policy decisions for improving financial reporting quality. This present study, however, has limitations due to the use of closed questionnaires that might not capture further information completely.
本研究探讨了马来西亚合作社的审计委员会组成、审计委员会会议、审计委员会独立性与财务报告质量的关系。向审计委员会成员、董事会成员和马来西亚各地的合作社利益相关者分发了一份结构化问卷。对已完成的149份问卷的数据分析表明,审计委员会的组成、审计委员会的会议、审计委员会的独立性对马来西亚合作社的财务报告质量有显著影响。本研究的发现不仅为探讨合作社财务报告质量的决定性因素提供了文献依据,而且为管理机构和合作社利益相关者制定提高财务报告质量的政策决策提供了参考。然而,目前的研究有局限性,因为使用封闭式问卷可能无法完全捕获进一步的信息。
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引用次数: 0
Examining The Relationship Between Foreign Debt And Poverty Reduction In Nigeria: Quantile Analysis From 1980-2019 尼日利亚外债与减贫关系研究:1980-2019年分位数分析
Pub Date : 2023-10-31 DOI: 10.55057/ijaref.2023.5.3.28
This study use quantile regression to examine the foreign assistance for development, external debt as in stock and real effective exchange rate means a consumer basket of goods and services average effect on poverty reduction in Nigeria. The result of quantile regression reveals that foreign aid is positive and statistically insignificant. While external debt and real exchange rate are significant and positive. There is the existence of an average short, medium and long term relationship between foreign debt, aid and exchange rate on poverty reduction. At the same time, foreign debt has a negative and significant average effect on poverty reduction in the short term. Also, foreign aid shows a positive average but insignificant relationship in the short and long term, exchange rate indicates negative and statistically significant relationship in short and long-run on poverty reduction. It implies funds from borrowing and aids can impact on national development plans inclusive poverty reduction.
本研究使用分位数回归来审查外国发展援助、外债存量和实际有效汇率意味着一篮子商品和服务对尼日利亚减贫的平均影响。分位数回归的结果显示,外援是正的,统计上不显著。而外债和实际汇率是显著和积极的。外债、援助和汇率在减少贫穷方面平均存在着短期、中期和长期的关系。与此同时,外债在短期内对减少贫穷有消极和重大的平均影响。此外,对外援助在短期和长期表现为平均正但不显著的关系,汇率在短期和长期表现为负但统计显著的关系。这意味着来自借款和援助的资金可以影响国家发展计划的包容性减贫。
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引用次数: 0
Micro-takaful Adoption: Application of Perceived Characteristics of Innovation (PCI) Theory 微考采:创新感知特征理论的应用
Pub Date : 2023-10-31 DOI: 10.55057/ijaref.2023.5.3.29
For religious reasons, many low-income Muslim households may choose not to use conventional microfinance. This study seeks to identify the determinant factors of adoption of micro-takaful among the members of Islamic informal insurance arrangements. Very few studies examined the factors that affect micro-takaful adoption using the theory of perceived characteristics of innovation (PCI) and among the members of informal insurance arrangements in Africa. This study investigated several factors that affect the adoption of micro-takaful. Primary data was obtained from 654 informal insurance service users in different regions of Ethiopia. One of the key findings of this study revealed that social networking in the extant informal insurance system has a significant and positive influence on the intention to adopt micro-takaful. Besides, perceived compatibility, perceived results demonstrability, and perceived voluntariness were found to significantly impact adoption intention. Contrary to the existing literature, perceived relative advantage, perceived complexity and perceived cost were found to have no significant impact on the intention to adopt micro-takaful. The findings of this research will have theoretical and practical significance.
由于宗教原因,许多低收入穆斯林家庭可能选择不使用传统的小额信贷。本研究旨在查明伊斯兰非正式保险安排成员采用小额回教的决定因素。很少有研究利用创新感知特征理论(PCI)和非洲非正式保险安排成员之间的研究来审查影响微考试采用的因素。本研究探讨了影响微考采的几个因素。主要数据来自埃塞俄比亚不同地区的654名非正式保险服务用户。本研究的主要发现之一是,现有非正式保险制度中的社交网络对采取微保险的意愿具有显著的正向影响。此外,感知兼容性、感知结果可论证性和感知自愿性对采用意愿有显著影响。与现有文献相反,我们发现感知相对优势、感知复杂性和感知成本对采用微考的意愿没有显著影响。本文的研究结果具有一定的理论和现实意义。
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引用次数: 0
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International Journal of Advanced Research in Economics and Finance
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