Print ISSN: 2204-1990

Online ISSN: 1323-6903

Keywords : profitability


THE INFLUENCE OF CORPORATE GOVERNANCE ON FIRM PROFITABILITY: A STUDY OF THE FIRMS LISTED ON INDIA’S NSE 500

Ruby Mary Notts, Dr. Amitava Roy

Journal of Contemporary Issues in Business and Government, 2022, Volume 28, Issue 3, Pages 633-651
DOI: 10.47750/cibg.2022.28.03.049

A robust corporate governance is imperative in creating sound corporate culture of
consciousness, lucidity and openness which in turn enables a company's management achieve
its objectives in a way that maximizes profits. The given studyaims to empirically evaluate
the association of firm profitabilitywith various corporate governance mechanisms, for firms
traded on the NSE 500. The time period for our studyranges from 2013 to 2020 - using
Ordinary Least Squares as the method of estimation. We used two estimates of firm
profitability – Return on Assets (ROA) and Net Profit Margin (NPM). The analysis
established significant favourable association between ROA and independent directors’as a
proportion of the boards, total number of board meetings held, number of board committees
and audit committee presence.With respect to NPM, results showed that it was significantly
and favourably impacted by the proportion of non-executive directors on the boards, total
number of board meetings, total number of board committees prevalent in the company and
firm size. However, board size,audit committee presence and independent directors as a
proportion ofaudit committees indicated a negative impact on NPM.

PROFITABILITY: CAN IT INCREASE FIXED ASSETS INVESTMENT?

I Made Dauh Wijana, I Made Dwi Adnyana ,

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 6, Pages 1316-1323
DOI: 10.47750/cibg.2021.27.06.109

Profitability is not only used to measure the company's ability to generate profits, but also to determine the effectiveness
of the company in managing its resources. A company is said to be good if it has a level of profitability that is able to
reflect the sustainability of the company. This study aims to test and obtain empirical evidence regarding the role of fixed
asset investment in moderating the effect of working capital efficiency, sales growth, company size, and cash turnover on
profitability in food and beverage companies listed on the Indonesia Stock Exchange 2016-2018 The research population
is all manufacturing companies listed on the Indonesia Stock Exchange from 2016 to 2018. The sample in this study
were 15 manufacturing companies which were determined based on purposive sampling technique. The analysis
technique used is Moderated Analysis Regression. The results showed that working capital efficiency and firm size had a
positive effect on profitability, cash turnover and sales growth had no effect on profitability, fixed asset investment was
able to moderate the effect of sales growth and company size on profitability, but fixed asset investment was unable to
moderate the effect of working capital efficiency. and cash turnover on profitability.

Nexus between Working Capital Management and the Profitability: An Empirical Analysis

Fairtown Zhou Ayoungman, Papel Tanchangya

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 6, Pages 1475-1488
DOI: 10.47750/cibg.2021.27.06.118

The net profit of any organization for a certain time period can be explained as the final outcome
of it investing, financing and operating activities. All of these activities are greatly influenced by
management’s decision and a number of other internal and external environmental factors.
Working Capital Management is widely usedto evaluate and measure the risks and returns of a
company. The research is specifically concerned about studying the impact of working capital
management on the profitability of textile sector listed companies in Karachi Stock Exchange.
The study takes Return on Asset as dependent variable and as a measure of profitability. Average payment period, Average Collection Period, Average Inventory Days in Hand, Cash Ratio, Quick Ratio and Current Ratio are as considered as independent variables. The research is based on 5 year financial statement data ranging from 2017 to 2021. The results for the research were mixed i.e. both significant and insignificant correlation was found between independent and dependent variables.

Teamwork on Employee Performance and Organization Growth

CHANCHAL CHAWLA; VIPIN JAIN

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 705-709
DOI: 10.47750/cibg.2021.27.03.097

Cooperation can be said as cooperatively cooperating alongside different individuals from the association to accomplish the endorsed objectives of the association. Cooperation is extremely basic in an association to reduce the remaining burden and all things considered play out all the undertakings of the association in a proficient way. It can profit the association in a since quite a while ago hurries to support on the lookout and to make the best out of the relative multitude of assets in the association. This examination focuses on how the cooperation can affect the general states of the association and how they can have a positive power both on the association just as the representatives.

The role of the size and growth rate of the bank in determining the effect of financial leverage on the profitability of Jordanian commercial banks

Hasan Mahmoud AL-Shatnawi; Nawzad Majeed Hamawandy; Rahim Jafar Mahammad Sharif; Rizgar Abdullah Sabir jaf; Farhad Al-Kake

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 1, Pages 1962-1978

This study aims to determine the role of the size and growth rate of banks in determining the effect of the financial leverage degree on the profitability of Jordanian commercial banks. To achieve this goal, the study adopted the analytical descriptive research approach and analysed the financial reports of 13 Jordanian commercial banks listed on the Amman Stock Exchange Market (ASEM) during 2014–2018. To test the hypotheses and achieve the study goal, the data were analysed using simple linear regression analysis and hierarchical interaction regression analysis. The analyses showed that there is a positive effect on the financial leverage degree on the profitability of Jordanian commercial banks. Moreover, the results uncovered that the interaction effects of the financial leverage degree and the size and the growth rate of the bank foster the positive effects of the individual variables on the profitability of the banks. foreign direct investments is also the essential ingredient to the growth and development of most economies (Baban & Hasan, 2019). The most important factors in the economic growth processing of any country are the commercial transactions and foreign direct investments (Adl.Nawzad, 2020). The element of knowledge management and innovation are currently considered as integral in all aspects and operations of an organization given the fact that they determine the survival of entities in the corporate market (Jabbar et al., 2019).

Stock Price Determinant Through Capital Structure As Intervening Variables In Construction Companies Listed In Indonesian Stock Exchange

Florida Aryani; Riska Yustisiana; Bintang Andhyka; Murti Widyaningsih

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 1, Pages 3814-3828

Changes in macroeconomic conditions affect various things such as changes in interest rates that have an impact on companies with debt on their capital structure. Likewise, the company's profitability and profit growth can affect the company's capital structure which then affects the stock price, especially in construction companies.This study aims to describe and analyze the influence of interest rate, profit growth and profitability of stock price through capital structure. The sample is construction companies listed in Indonesian Stock Exchange in the 2014-2019 period and the observation is through purposive sampling method. Analytical techniques used are multiple linear analysis and path analysis. The results show that interest rate, profit growth, and profitability affect capital structure. Interest rate and capital structure affect stock price while profit growth and profitability has no effect on stock price. Capital structure mediates the influence of interest rate, profit growth and profitability on stock price.

Nexus of Risk-taking Behavior, Capitalization, and Profitability of Chinese Banks: Evidence from Panel Threshold Regression

Shumaila Meer Perhiar; Muhammad Kamran Khan; Muhammad Asad Khan; Muhammad Mudassar Anwar; Syed Arshad Ali Shah; Azhar khan

Journal of Contemporary Issues in Business and Government, 2020, Volume 26, Issue 2, Pages 258-275
DOI: 10.47750/cibg.2020.26.01.030

The study is based on the nexus of capitalization, risk-taking, and profitability of 187 commercial banks of the People‟s Republic of China (P.R.C) around the years 2011 to 2018. Research regulates a single threshold level for bank size and reviews the nonlinear correlation of capitalization, return on assets, and return on equity with the use of pmodels like panel ordinary least square (POLS), fixed effect (FE), and panel threshold regression (PTR). The value of threshold amounts to approximately 1,371,44 USD 1000 of total assets above this level market capitalization positively affect bank performance. The magnitude of capitalization declines from 3.14% to 0.65% for return on assets and from 21.9% to 1.56% for return on equity for banks is excessively larger after crossing the threshold level in the China banking sector.