scholarly journals Net profit distribution policy in companies using state-owned enterprises against payment

2015 ◽  
Vol 6 (2) ◽  
pp. 89
Author(s):  
Agnieszka Matuszewska-Pierzynka
Keyword(s):  
Empirical Investigation ◽  
Empirical Studies ◽  
National Court ◽  
Descriptive Statistics ◽  
Main Hypothesis ◽  
Main Research ◽  
Profit Distribution ◽  
Net Profit ◽  
State Owned Enterprise ◽  
Retained Earnings

The main objective of this paper is to present the results of empirical studies on net profit distribution in companies using state–owned enterprises against payment. The main research hypothesis states that the majority of companies using state–owned enterprises against payment waive their right to the dividend and transfer a major part of retained earnings to supplementary capital. The empirical investigation of the main hypothesis has been conducted among 21 companies based in Mazowieckie Province, which concluded privatisation agreements with the State Treasury in years 2000–2005. The analysis of net profit distribution in companies using state–owned enterprises against payment is based on data collected and processed by the author of the article from the National Court Register, for the period from the privatisation date of the surveyed enterprises to 2010, using measures of descriptive statistics. The paper consists of the following parts: the introduction, the essence of giving state–owned enterprise for use against payment, the characteristics of companies qualified to the research sample, net profit distribution policy in companies using state–owned enterprises against payment. Finally, it is concluded that over the first three years of operation every second company using a state–owned enterprise against payment did not pay a dividend transferring all of retained earnings to supplementary capital.

scholarly journals Productivity effects of the ownership concentration in Polish employee-owned companies

Equilibrium ◽  
2018 ◽  
Vol 13 (4) ◽  
pp. 781-798
Author(s):  
Agnieszka Matuszewska-Pierzynka
Keyword(s):  
Empirical Research ◽  
Least Squares Method ◽  
Empirical Studies ◽  
National Court ◽  
Value Added ◽  
Optimal Level ◽  
Ordinary Least Squares ◽  
Ownership Concentration ◽  
Research Hypothesis ◽  
State Owned Enterprise

Research background: The conducted empirical research on the influence of the degree of ownership concentration in the employee–owned companies on their sales revenues thematically fits into the issue of efficiency of the direct privatisation method, in particular giving a state–owned enterprise for use against payment. Purpose of the article: The main goal of this article is to verify the research hypothesis stating that in employee–owned companies an increase in the degree of ownership concentration leads to an increase in sales revenues. Methods: The empirical studies were carried out on a sample of 15 employee-owned companies from Mazowieckie Province, which concluded the agreement of giving a state–owned enterprise for use against payment from 2000 to 2004 and using the data from financial statements handed in by these entities to the National Court Register for a ten–year period after the privatisation year. The verification of research hypothesis was based on the estimation of a Cobb–Douglas production function by Ordinary Least Squares method for two variants, differing in the way of measuring the degree of ownership concentration in investigated employee–owned companies. Findings & Value added: The research hypothesis formulated in this paper was verified negatively as the increase in the degree of ownership concentration in employee–owned companies caused the decrease in their sales revenues. The conducted empirical research also suggests that sales revenues in examined employee–owned companies peak at some intermediate/optimal level of ownership concentration.

scholarly journals An Exploratory Study on Digital Transformation and Communication within the Moroccan Firms

2021 ◽  
pp. 92-101
Author(s):  
Houda Bassim
Keyword(s):  
Focus Group ◽  
Research Question ◽  
Empirical Studies ◽  
Digital Transformation ◽  
Policy Implications ◽  
Economic Sectors ◽  
Main Research ◽  
Know How ◽  
The One ◽  
Use Of Internet

Starting from the beginning of the third millennium, firms around the world in various economic sectors have been powerfully affected by the evolution process of digital technology and associated internet developments. The use of Internet and new digital technologies has been considered as a great revolution that will allow companies to benefit from new opportunities, in order to extend their activities and profitability, specifically through decreases in costs. While some companies have been investing rapidly in this new filed with the aim to take advantages of new opportunities, others seem to fail in following such developmental pattern. The main research question in the present paper is to understand perceptions of a sample of Moroccan firms operating in Casablanca, regarding the currently observed process of communication-based digital transformation worldwide. In this sense, our study turns to be exploratory, that is based on open interviews, within a focus group of professionals in the digital sector, rather than on collected data and effective orientations. Such exploratory analysis will be followed by upcoming empirical studies for a more comprehensive understanding of the profession. Our research paper aspires thereby to better grasping the process of digitalization of communication channels among the firms’ professionals, as selected. The ultimate target is to know how well firms are evolving in utilizing newly integrated digital tools, with respect to innovation and trademarks. To address this issue in an exploratory perspective, we have resorted to a focus group-based enquiry with six professionals of firms operating in Casablanca. The methodological framework relies upon qualitative data, as collected through the conducted interviews.      The major research finding of the present paper is that the pattern of digital transformation and communication seems to follow the one observed worldwide. Nevertheless, in spite of strong customers’ expectations, some hesitations and inadequate fundraising allocations partially explain the relative slowness of the process. In terms of policy implications, a suitable public-private partnership is still needed so as Morocco can foster digital transformation for economic and social development as well as improvements in the population’s standards of life, especially through investment in human capital for better attractivity-generating progress.

scholarly journals OPERATIONAL LEVERAGE AS A SOURCE OF PROFITABILITY OF BUSINESS IN CROATIA

2019 ◽  
Vol 17 (1) ◽  
Author(s):  
Vedran Šupuković ◽  
Zvonko Merkaš ◽  
Zoran Gajić
Keyword(s):  
Fixed Cost ◽  
Fixed Costs ◽  
Total Revenue ◽  
Commercial Policy ◽  
Main Hypothesis ◽  
Revenue Growth ◽  
Organic Growth ◽  
Net Profit ◽  
The Republic ◽  
High Level

Operational leverage measures the level of fixed costs in the company’s total expense and has a significant impact on the profitability of a company, especially in activities where large initial investment is necessary, and long acclimatization timeframes and high levels of revenue are needed to reach the profitability threshold. Fixed costs do not grow linearly with revenue growth and thus negatively affect profit with an insufficient level of total revenue. The paper explores the possibilities of using an operational leverage in combination with commercial policy in order to create a profit multiplier. Research has been conducted in companies in the Republic of Croatia that operate in continuity with low levels of profitability, up to 5% of net profit. In the research, the main hypothesis of work is set, by which the operational leverage is defined as a profit multiplier under the conditions of even the smallest organic growth of the enterprise in case it also operates with a high level of fixed costs. The paper begins with the fact that the effect of the operational leverage is of particular importance in certain segments of the economy that are constrained by the impossibility of entering into part of fixed costs and that their increase in profitability depends solely on the level of healthy organic growth. Accordingly, a model is considered in which an operational leverage has the ability to progressively leverage profitability, which in combination with the adequate application of commercial policy measures determines the dynamic character or processes that generate a multiplication effect even in the case of very small revenue growth. In this and such context, we are talking about the significant effect of operational leverage on company’s profitability even when neglected revenue growth affects the level of fixed cost reduction in relation to total revenue, thereby increasing profitability.

scholarly journals Entrepreneurship Practices and Profitability among Farmers in Jos, Nigeria

2021 ◽  
Vol 04 (10) ◽  
Author(s):  
Atayi Abraham Vincent ◽  
Keyword(s):  
Random Sampling ◽  
Simple Random Sampling ◽  
Descriptive Statistics ◽  
Profit Margin ◽  
Error Tolerance ◽  
Net Profit ◽  
High Level ◽  
The Relationship ◽  
Conducive Environment ◽  
Structured Questionnaire

This study seeks to examine the relationship between Entrepreneurship practices and the level of profitability among farmers in Jos. The study covered small and medium scale farmer entrepreneurs within Jos North, Jos South and Jos East. A sample size of 518 was obtained from the population of 834 at 5% error tolerance and 95% level of confidence, using Simple Random Sampling. A self-structured questionnaire was used to collect data. 505(97.5%) of the questionnaire distributed were returned. The study conducted a pre-test on the questionnaire to ensure the validity of the instrument. Data collected were presented in descriptive statistics and frequency tables. The study used financial ratios such as the gross profit margin, net profit margin, returns on assets, sales per year and total assets measures were used to measure the profitability. The average values for gross profit margin, net profit margin and returns on assets are 29.47%, 19.2% and 8.2% respectively; the result shows that an individual farmer in this study can boast of a high level of profit. The study recommends among other things that governments at all levels should work to create a more conducive environment for farmer entrepreneurs to make profitable investments in agriculture.

scholarly journals An empirical investigation on determinants of executive directors’ remuneration in bursa Malaysia

2009 ◽  
Vol 6 (3) ◽  
pp. 570-583 ◽  
Author(s):  
Chye-Khoon Ooi ◽  
Ming-Ming Lai
Keyword(s):  
Human Capital ◽  
Executive Director ◽  
Empirical Investigation ◽  
Composite Index ◽  
Company Size ◽  
Company Performance ◽  
Executive Directors ◽  
Significant Determinant ◽  
Kuala Lumpur ◽  
Net Profit

Executive directors’ remuneration may link to company performance. This paper investigates the determinants of executive directors’ remuneration of all public listed companies in Bursa Malaysia from 2004 to 2006. Multiple regression results indicated that tenure of an executive director has held the director’ position appeared to be the most significant determinant for executive directors’ remuneration. Duality emerged as second significant determinant except for Kuala Lumpur Composite Index (KLCI) component companies. Company performance and size were found as determinants except for KLCI component companies. The results also suggest that age and qualification are the weakest determinants for human capital variables. Overall, net profit was significant positive correlated with company size and particularly is evident for KLCI companies

scholarly journals STAFF EXPENSES AND ITS EFFECT ON THE BANK'S NET PROFIT

2018 ◽  
Vol 3 (3) ◽  
pp. 63-71
Author(s):  
Prem Bahadur Budhathoki ◽  
Chandra Kumar Rai
Keyword(s):  
Regression Models ◽  
Annual Report ◽  
Pearson Correlation ◽  
Predictor Variable ◽  
Descriptive Statistics ◽  
Fiscal Year ◽  
Research Journal ◽  
Net Profit ◽  
Multiple Regression Models ◽  
The Relationship

The aim of the study is to explore the relationship between a net profit of Nepalese commercial banks with staff expenses and staff bonus. This study is based on panel data which is collected from five sampled banks through the review of the annual report during the study period of fiscal year 2012/13 to 2016/17. These collected data are analyzed by using descriptive statistics, Pearson correlation coefficient, and log-log multiple regression models. The Mini-Tab software is used for the analysis of data. The results indicate that the predictor variable staff expenses do not significantly impact on net profits of the bank even though they are positively correlated. On the other hand, the response variable (net profit) is significantly affected by the predictor variable staff bonus. Researcher: A Research Journal of Culture and SocietyVol. 3, No. 3, January 2018, Page: 63-71 

scholarly journals Analysis of interrelation of financial results and financial condition of the company

2019 ◽  
Vol 265 ◽  
pp. 07019
Author(s):  
Lyudmila Adamaуtis ◽  
Nadezhda Zonova ◽  
Elena Petrova ◽  
Nadezhda Palesheva ◽  
Natalia Gritsuk
Keyword(s):  
Mutual Influence ◽  
Empirical Studies ◽  
Analytical Models ◽  
Construction Companies ◽  
Financial Condition ◽  
Rational Distribution ◽  
Net Profit ◽  
Fundamental Categories ◽  
Methodological Aspects ◽  
Sustainable Economic Growth

The article deals with the fundamental categories of company analysis in a market economy such as its financial results and financial condition. Special attention is given to the study and justification of the mutual influence and dependencies between them with the help of formalized analytical models, non-formalized logical and empirical studies and conclusions. In particular, the authors of the article justify the mechanism of the influence of profit and profitability on bankruptcy risks. They underline the importance of obtaining the required amount of profit and the correctness of its use. Moreover, the authors propose criteria for evaluating the rational distribution and use of the company's net profit. The influence of the profit capitalization factor is confirmed by the example of a model of sustainable economic growth. The authors emphasize the importance of the issues under consideration in the development of management decisions, including the formation of dividend policy. The article also presents the authors' approach to some methodological aspects of analyzing the use of profits. The research is based on the financial statements of Russian construction companies. However, these models can be applied to commercial companies in other fields of activity.

scholarly journals Applying advanced technologies to improve clinical trials: a systematic mapping study

2020 ◽  
Author(s):  
Esther Nanzayi Ngayua ◽  
Jianjia He ◽  
Kwabena Agyei-Boahene
Keyword(s):  
Clinical Trials ◽  
Evaluation Studies ◽  
Empirical Studies ◽  
Systematic Mapping Study ◽  
Mapping Study ◽  
Systematic Mapping ◽  
Level Of Evidence ◽  
Clinical Interventions ◽  
Main Research ◽  
Advanced Technologies

AbstractThe increasing demand for new therapies and other clinical interventions has made researchers conduct many clinical trials. The high level of evidence generated by clinical trials makes them the main approach to evaluating new clinical interventions. The increasing amounts of data to be considered in the planning and conducting of clinical trials has led to higher costs and increased timelines of clinical trials, with low productivity. Advanced technologies including artificial intelligence, machine learning, deep learning, and the internet of things offer an opportunity to improve the efficiency and productivity of clinical trials at various stages. Although researchers have done some tangible work regarding the application of advanced technologies in clinical trials, the studies are yet to be mapped to give a general picture of the current state of research. This systematic mapping study was conducted to identify and analyze studies published on the role of advanced technologies in clinical trials. A search restricted to the period between 2010 and 2020 yielded a total of 443 articles. The analysis revealed a trend of increasing research interests in the area over the years. Recruitment and eligibility aspects were the main focus of the studies. The main research types were validation and evaluation studies. Most studies contributed methods and theories, hence there exists a gap for architecture, process, and metric contributions. In the future, more empirical studies are expected given the increasing interest to implement the AI, ML, DL, and IoT in clinical trials.

Adaptivity and Judgment in Rule Verification Tasks: An Empirical Investigation

1998 ◽  
Vol 42 (3) ◽  
pp. 281-285
Author(s):  
Ann M. Bisantz ◽  
Alex Kirlik
Keyword(s):  
Decision Making ◽  
Test Performance ◽  
Empirical Investigation ◽  
Empirical Studies ◽  
Poor Performance ◽  
Task Environment ◽  
Verification Task ◽  
Improve Performance ◽  
Impact Performance ◽  
The Poor

Recent studies of decision making have suggested that the poor performance typically demonstrated by traditional decision making research is due not to failures on the part of the human, but failures of the empirical studies to test performance in representative situations. In particular, some researchers have studied how experience in an uncertain environment can improve performance. We describe research designed to test the effect of explicit environmental experience on performance on a rule verification task. Participants performed a rule verification task after receiving related experience in the task environment. Results indicated that performance was very similar to that on traditional tasks of this type, in contrast to research which suggested that knowledge of uncertainty should impact performance.

scholarly journals Empirical Research on Pedagogical Dictionary Use in Recent 30 Years

2019 ◽  
Vol 8 (6) ◽  
pp. 103
Author(s):  
Qian Li
Keyword(s):  
Data Analysis ◽  
Empirical Research ◽  
Empirical Studies ◽  
Research Trends ◽  
Descriptive Statistics ◽  
Research Trend ◽  
Research Topics ◽  
The Past ◽  
Using Data ◽  
Dictionary Use

Research on dictionary use is a relatively new field in lexicography. Among them, the empirical studies which were few before 1990s has gained ground over recent three decades. Using data of 35 articles from International Journal of Lexicography (1987–2017), this study renders an analysis of the empirical research trends in the field of dictionary use. The analysis mainly focuses on the research topics, research methodology, and the changes that have occurred in the field. The results show that while some hot topics (e.g., the effectiveness of dictionary use or of certain dictionary information) have remained popular over the past two decades, some topics, e.g., the exploration of dictionary using process have received an increasing attention, but some others, e.g., the investigation on habits and needs of dictionary use, have witnessed a decrease of interest recently. Furthermore, researchers have improved the methodological standards for recent studies. As for data analysis, more complicated statistic approaches, rather than pure descriptive statistics, have been adopted. Finally, based on the analysis on previous studies, this paper offers suggestions for further research trend.

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