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The Relationship Between International Diversification and Business Performance of Chinese Commercial Banks
Issue:
Volume 5, Issue 3, May 2017
Pages:
87-95
Received:
4 May 2017
Published:
4 May 2017
Abstract: Chinese banking industry speeds up the process of internationalization as the global economy integrates and Chinese government accelerates the going out strategy. Many Chinese commercial banks explore overseas market by setting up new branches or merge and acquisition. Under the background, this paper uses empirical study to analyze the relationship between the degree of banks’ internationalization and business performance. Firstly, principal component analysis is applied to measure the degree of banks’ internationalization. Then, the paper constructs two models to analyze the panel data of five state-owned commercial banks, the second one with financial crisis as dummy variable. The results indicate that there is a U-shape relationship between the degree of banks’ internationalization and business performance in the first model without dummy variable. In the second model adding dummy variable, the financial crisis not only deteriorates Chinese commercial banks’ performance, but also makes the relationship between degree of internationalization and business performance become negative in 2008 while the degree of internationalization has positive influence on operational performance in years except for 2008.
Abstract: Chinese banking industry speeds up the process of internationalization as the global economy integrates and Chinese government accelerates the going out strategy. Many Chinese commercial banks explore overseas market by setting up new branches or merge and acquisition. Under the background, this paper uses empirical study to analyze the relationshi...
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Economic Growth and International Trade Effect on Fiscal Revenue Empirical Research in China Area
Issue:
Volume 5, Issue 3, May 2017
Pages:
96-101
Received:
10 May 2017
Published:
10 May 2017
Abstract: International trade to the trading countries have mutual effect, Import and export trade for the realization of economic output and the growth of the regional financial revenue plays an important role. This article selects 2015 provinces in China import and export trade, GDP and fiscal revenue for the variable cross section data, a regression model for related elements were analyzed, and the various provinces and cities of fiscal revenue import and export trade, GDP growth elasticity coefficient, to various provinces and cities to promote economic development and expand import and export trade, achieve financial steady growth and provide data for development of elastic dynamics theory. The results of this study was to comprehensive model, that is, straight line and curve of mixed structure model, simulation level high reliable degree, can be a reference for prediction and decision-making.
Abstract: International trade to the trading countries have mutual effect, Import and export trade for the realization of economic output and the growth of the regional financial revenue plays an important role. This article selects 2015 provinces in China import and export trade, GDP and fiscal revenue for the variable cross section data, a regression model...
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Asymmetric Evolutionary Game between Financial Innovation and Financial Regulation ---- Punishment or Encouragement
Issue:
Volume 5, Issue 3, May 2017
Pages:
102-106
Received:
19 May 2017
Published:
20 May 2017
Abstract: After the financial crisis in 2007, the high risk brought by financial innovation has aroused widespread concern and thinking again. The measures to curb financial innovation in various countries have become increasingly severe. However, under the background of the supply-side reform proposed by the Chinese government, the reform of the financial capital elements of the supply root is imperative. Therefore, how to curb the risk of innovation in financial institutions effectively, while encouraging innovation in favor of financial supply side of the reform of compliance, become an important issue to be solved. Based on the limited rationality, the long - term dynamic game equilibrium between financial institutions and regulators and its impact on financial system and financial market is analyzed by constructing asymmetric evolutionary dynamic game model. Then, analyzing the relevant factors of long-term equilibrium, and puts forward the regulatory measures which are conducive to encouraging the reform of compliance and the reform of financial supply-side.
Abstract: After the financial crisis in 2007, the high risk brought by financial innovation has aroused widespread concern and thinking again. The measures to curb financial innovation in various countries have become increasingly severe. However, under the background of the supply-side reform proposed by the Chinese government, the reform of the financial c...
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Examining the Intellectual Capital Impact on the Profit Efficiency in Automobile and Parts Manufacturing Industry of Tehran Stock Exchange
Safdar Alipour,
Majid Gorgizadeh
Issue:
Volume 5, Issue 3, May 2017
Pages:
107-114
Received:
3 April 2017
Accepted:
27 April 2017
Published:
25 May 2017
Abstract: The objecdetive of this research is to study the impact of intellectual capital (IC) and its components on profit efficiency as a comprehensive criterion of financial performance. this research utilizes Pulic model in order to measure the IC of 23 companies in automobile and parts manufacturing industry of Tehran stock exchange for the period of 2011-2014. It also uses DEA technique and truncated regression in order to calculate profit efficiency and examine its relationship with IC respectively. the results indicated that human capital efficiency (HCE), capital employed efficiency (CEE), and value added intellectual capital (VAICTM) affect significantly and positively performance (profit efficiency) but Structural capital efficiency (SCE) is not associated significantly with performance. Among IC components, the human capital has the most impact on performance. Therefore, it can be asserted that, in automobile and parts industry, IC is capable of having effective role in financial decisions.
Abstract: The objecdetive of this research is to study the impact of intellectual capital (IC) and its components on profit efficiency as a comprehensive criterion of financial performance. this research utilizes Pulic model in order to measure the IC of 23 companies in automobile and parts manufacturing industry of Tehran stock exchange for the period of 20...
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The Relationship Between ROA, ROE, ROCE and EPS Ratios with Break-up Values of Shares of Karachi-Pakistan Fuel and Energy Listed Companies
Muhammad Aamir Ali,
Usama Kalim,
Hasnain Raza,
Hafiz Amir Ali,
Mohsin Rehman,
Muhammad Ismat Ullah
Issue:
Volume 5, Issue 3, May 2017
Pages:
115-122
Received:
3 June 2014
Accepted:
13 June 2014
Published:
27 May 2017
Abstract: The purpose of this study is to examine the relationship among ROA, ROE, ROCE and EPS ratios together and separately with Break-up Values of Shares Karachi-Pakistan fuel and energy listed companies during the period (2006-2011). Because the fundamental view says that the market prices of shares follow the intrinsic values of shares. The empirical results suggest that collectively these ratios except ROE show significant positive relationship with break-up values of shares and separately ROA, ROCE and EPS show significant positive relationship with break-up values of shares whereas ROE shows insignificant positive relationship with break-up values of shares separately.
Abstract: The purpose of this study is to examine the relationship among ROA, ROE, ROCE and EPS ratios together and separately with Break-up Values of Shares Karachi-Pakistan fuel and energy listed companies during the period (2006-2011). Because the fundamental view says that the market prices of shares follow the intrinsic values of shares. The empirical r...
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