International Journal of Economics, Finance and Management Sciences

Volume 2, Issue 1, February 2014

  • Google’s Search Data and its Application in Finance

    Bodo Herzog

    Issue: Volume 2, Issue 1, February 2014
    Pages: 1-7
    Received: 1 November 2013
    Published: 10 December 2013
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    Abstract: This paper examines the relationship of asset price determination via Google data. To capture this relation, I create a model and estimate several time series’ regressions. I use weekly data from 2004 to 2010 from 30 international banks. To my knowledge this is the first study which differentiates between Google’s search volume and Google’s search ... Show More
  • An examination of Accounting Internship on Subsequent Academic Performance

    P. M. C. Thilakerathne, M. W. Madurapperuma

    Issue: Volume 2, Issue 1, February 2014
    Pages: 8-15
    Received: 4 December 2013
    Published: 30 December 2013
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    Abstract: Increasingly, internship has become an essential component of the undergraduate degree programmes. It provides students with a smooth transition from on-campus environment to the working environment. It is often viewed as a ‘win-win’ situation for both the intern and the intern’s employers. Students are able to learn about the profession and gain p... Show More
  • Development of Growth Strategies for Social Enterprises

    Chang-Lin Yang, Leemen Lee, Yun-Chen Lee

    Issue: Volume 2, Issue 1, February 2014
    Pages: 16-21
    Received: 6 December 2013
    Published: 30 December 2013
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    Abstract: This study classifies different types of social enterprises to clarify the problems of different types and propose methods of improvement. This study divides social enterprises into four types: benchmark driven, profit seeking, self-sufficient and mission driven, based on business operating situation. Moreover, empirical research is conducted to de... Show More
  • Non-linear Volatility and Dynamics of the Tunisian Stock Market

    Kalai Lamia, Jilani Faouzi

    Issue: Volume 2, Issue 1, February 2014
    Pages: 22-32
    Received: 1 December 2013
    Published: 30 December 2013
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    Abstract: Measuring and controlling risk is one of the most attractive issues in finance. With the persistence of uncontrolled and erratic stocks movements, volatility is perceived as a barometer of daily fluctuations. An objective measure of this variable seems then needed to control risks and cover those that are considered the most important. Non-linear a... Show More
  • Lease Financing of Bangladesh: A Descriptive Analysis

    Md. Ariful Islam, Md. Rayhan Islam, Mahmudul Hasan Siddiqui

    Issue: Volume 2, Issue 1, February 2014
    Pages: 33-42
    Received: 10 December 2013
    Published: 10 January 2014
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    Abstract: Leasing industry is one of the flourishing sector of Bangladesh. The leasing companies on the average are doing pretty well since inception in this country. Leasing has gained its popularity for several reasons. The first and most important of all is that leasing can be thought of as an alternative source of fund which is most of the cases cheaper,... Show More
  • Stock Market Volatility: Comparison Between Dhaka Stock Exchange and Chittagong Stock Exchange

    Md. Ariful Islam, Md. Rayhan Islam, Mahmudul Hasan Siddiqui

    Issue: Volume 2, Issue 1, February 2014
    Pages: 43-52
    Received: 15 December 2013
    Published: 30 January 2014
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    Abstract: This paper is a comparison the volatility of price between Dhaka stock exchange (DSE) and Chittagong Stock Exchange (CSE). I did this study on volatility as a part of academic course of Research Methodology and Dissertation. The main objective of this study is to determine whether the markets are same volatile or not. Volatility is the most basic s... Show More
  • Growth of Private Commercial Banks in Bangladesh

    Md. Ariful Islam, Mahmudul Hasan Siddiqui, Md. Rayhan Islam

    Issue: Volume 2, Issue 1, February 2014
    Pages: 53-67
    Received: 14 December 2013
    Published: 30 January 2014
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    Abstract: Now-a-days PCBs have succeeded to occupy a handsome portion of the total banking sector through their 23 years journey. For that matter, the study is done to verify how successfully PCBs have come across to today’s position. After liberation in 1971 all banks except few foreign banks’ branches were nationalized and reorganized. But the step of nati... Show More
  • Importance of Agricultural Credit for Rural Development of Bangladesh: A descriptive Approach

    Md. Ariful Islam, Md. Rayhan Islam, Mahmudul Hasan Siddiqui, Luthful Karim

    Issue: Volume 2, Issue 1, February 2014
    Pages: 68-83
    Received: 22 December 2013
    Published: 30 January 2014
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    Abstract: Adequate availability of credit on time is an important requirement for the rural people, particularly under conditions of scarcity of resources and uncertainty. Convenient and safes-saving facilities are perhaps even more important to smooth out the peaks and troughs in incomes and expenditures in the rural arena. Lack of savings facilities also f... Show More
  • Determining the Contribution of Corporate Social Responsibility on Organizational Performance

    Ijeoma, N. B., Oghoghomeh, T.

    Issue: Volume 2, Issue 1, February 2014
    Pages: 84-91
    Received: 15 December 2013
    Published: 20 February 2014
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    Abstract: This study was on determining the contribution of corporate social responsibility on organizational performance. The purpose of this study was to determine the contribution of corporate social responsibility on company’s profit after tax and to ascertain if there exists significant contribution of corporate social responsibility on company’s profit... Show More
  • Re-ranking of Corporate Governance Ratings of BIST XKURY Companies Based on TOPSIS Method of Ordering

    Veysel Kula, Ender Baykut

    Issue: Volume 2, Issue 1, February 2014
    Pages: 103-110
    Received: 23 January 2014
    Published: 20 February 2014
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    Abstract: This study aims at re-defining the corporate governance ratings of companies listed in Borsa Istanbul Corporate Governance Index (BIST XKURY). Corporate governance ratings are computed by taking the weighted average of four sub-categories, with the weights subjectively determined by the Capital Market Board. As each company in the index has the ov... Show More
  • The Impact of Energy Dissipation to the Stability in Financial System

    Yikui Qiu

    Issue: Volume 2, Issue 1, February 2014
    Pages: 111-116
    Received: 26 January 2014
    Published: 28 February 2014
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    Abstract: Financial system has a characteristic of dissipative structure theory. In the nonlinear motion process, financial system is extremely easy to produce energy dissipation, which would lead to the emergence of system instability. In this paper, the dissipative structure characteristic of financial system would be analyzed in the first, and the energy ... Show More