Open Access Article | |||
1. |
A bibliometric analysis and visualization of the scientific publications on multi-period portfolio optimization: From the current status to future directions
, Pages: 107-120 Arman Khosravi, Seyed Jafar Sadjadi and Hossein Ghanbari PDF (650K) |
||
Abstract: Portfolio optimization is a widely recognized strategy for investing that involves selecting a combination of assets that offers the optimal balance between potential gains and volatility. Traditional portfolio optimization typically focuses on a single period, considering only the current market conditions. However, multi-period portfolio optimization takes a more comprehensive approach by incorporating the dynamic nature of financial markets over multiple periods. Hence in this study, we focus on multi-period portfolio optimization. We conduct a bibliometric analysis of articles on multi-period portfolio optimization in the Web of Science (WoS) database. Through quantitative methods and the utilization of the Bibliometrix R package, we analyze publication trends, key research sites, and historical output in this field. Our findings provide valuable insights into the current state of research on multi-period portfolio optimization. This bibliometric analysis contributes to the existing literature on multi-period portfolio optimization and serves as a valuable resource for researchers, policymakers, and practitioners in the field of finance. DOI: 10.5267/j.ac.2024.6.001 Keywords: Multi-period portfolio optimization, Asset allocation, Web of Science, Bibliometrics
|
|||
Open Access Article | |||
2. |
Impact of information and communication technologies on budget transparency of the provincial government in Vietnam
, Pages: 121-128 Phan Thi Thu Hien, Nguyen Ngoc Trang, Nguyen Hoang Tung, Vu Quang Hung and Dang Thuy Linh PDF (650K) |
||
Abstract: The concept of fiscal transparency holds significant importance; however, its attainment poses considerable challenges. Current discourse suggests that the concept of transparency lacks sophistication. To tackle this hurdle regarding public expenditure, analytical approaches that pertain to the general concept of transparency can be utilized. The present paper aims to ascertain the determinants of the openness of the provincial budget and its subcategories by human development, technology access, as well as industrialization progress, in addition to other relevant indicators. This study aims to ascertain the fundamental principles that underpin the achievement of efficient transparency in public expenditure. In terms of outcomes, the overall model has limited relations to the hypotheses. For the elemental dependent variables, the impact of various forms of transparency on the attainment of public policy goals varies, but generally have similar results. The study has attempted to conclude the components for an optimal transparent budget system, thus providing a suggestion for effective schemes later on. DOI: 10.5267/j.ac.2024.4.001 Keywords: Budget transparency, Information and communication technology, Human development, Provincial government, Vietnam
|
|||
Open Access Article | |||
3. |
Impact of supply chain finance on firm performance in Vietnamese enterprises
, Pages: 129-138 Thi Thuy Thao Nguyen, Ha Anh Bui, Nguyen Phuong Vy Tran and Tuan Anh Luong PDF (650K) |
||
Abstract: The aim of this study is to experimentally examine the relationship between supply chain finance (SCF) and the financial performance of Vietnamese listed non-financial enterprises. A conceptual framework was developed and tested using secondary data collected from 659 companies listed on the Vietnam Stock Exchange in 2022. The path method is used using Stata 18 software. The results highlight that SCF has a positive impact on the financial performance of listed non-financial enterprises in Vietnam. These findings will help businesses better understand how SCF implementations benefit their financial performance in a global environment, especially in emerging markets. DOI: 10.5267/j.ac.2024.3.002 Keywords: Supply chain finance, Financial performance, Resource dependency theory,
|
|||
Open Access Article | |||
4. |
Impact of equity structure on risk of financial distress in Vietnam
, Pages: 139-154 Thi Thu Hien Phan, Ngoc Trang Nguyen, Hoang Tung Nguyen, Thi Hai An Pham and Nguyen Khanh Uyen Huynh PDF (650K) |
||
Abstract: This study aims to evaluate the impact of transparency of budget structure on risk of getting into financial distress in Vietnam. The article uses data regarding equity proportion from the financial reports of business entities on Hanoi Stock Exchange (HNX), divided into four main categories, namely large ownership, institutional ownership, managerial ownership, and state ownership ratio, to find the relation between the allocation of equity and the chance a company having financial failure. From the mentioned information, the research attempts to explain the relations, as well as suggestions for companies to prepare and avoid financial distress from an equity structure perspective. Results from the study’s sample show insignificant correlations between the share of owners and financial distress situation of a company, which plays a part to help the overall estimation of risk in businesses as a whole. DOI: 10.5267/j.ac.2024.3.001 Keywords: Financial distress risk, Equity structure, Ownership structure, Vietnam, Hanoi Stock Exchange
|
|||
Open Access Article | |||
5. |
Balancing risk and return: A case study of Ichimoku trading in the Indonesian Sharia Stock Market
, Pages: 155-166 Dwi Tjahjo Purnomo, Sugeng Wahyudi and Harjum Muharam PDF (650K) |
||
Abstract: In line with Sharia principles, this study explores the correlation between increased returns and heightened risks, aligned with Al-Ghunm bi Al-Ghurm. Daily data from the Jakarta Islamic Index 70, spanning December 2021 to November 2023, was analysed using quantitative methods. Four key trading strategies were assessed: buy-and-hold and three Ichimoku strategies (Conservative, Moderate, and Aggressive). The results indicate the effectiveness of a moderate Ichimoku strategy because of its well-balanced approach. Despite no significant performance differences between Ichimoku's trading rules and buy-and-hold, the study emphasizes nuanced decision-making for diverse investor preferences. The insights benefited Indonesian Sharia investors, suggesting enhancements in risk mitigation techniques, and considering external factors. Enriching technical analysis and Sharia-compliant investments, this study underscores the importance of aligning financial objectives with ethical considerations, contributing to the evolving landscape of the Indonesian Sharia stock market. DOI: 10.5267/j.ac.2024.2.002 Keywords: Al-Ghunm bi Al-Ghurm, Ichimoku, Jakarta Islamic Index 70, Risk-adjusted, Sharia-compliant
|
© 2010, Growing Science.