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Sort articles by: Volume | Date | Most Rates | Most Views | Reviews | Alphabet
1.

An economic management system for sustainable development in black sea region Pages 387-394 Right click to download the paper Download PDF

Authors: Iryna Kramarenko, Inna Irtyshcheva, Svitlana Shults, Marianna Stehnei, Blishchuk Kateryna, Yevheniia Boiko, Nazariy Popadynets, Nataliya Samotiy, Lida Rogatina, Nataliya Hryshyna

DOI: 10.5267/j.ac.2020.5.003

Keywords: Black Sea region of Ukraine, Economic system, Social-economic efficiency, Sustainable development

Abstract:
The paper aims to develop a model for measuring economic system management efficiency of the Black Sea region of Ukraine through the context of sustainable development. The model includes the rates of social and economic efficiency, productivity, and performance. The proposed approach calculates the region’s economic system management efficiency. The respective evaluation criteria are systematized: economic and social efficiency of the region’s economic activity, productivity of the use of resources, and performance of the management system. The system of evaluation indicators by each criterion and mathematical apparatus to calculate them are suggested. The paper suggests methodical approaches to evaluate the economic system management efficiency in the region under transformation. They help determine the current level against similar indicators achieved within the country and the tendencies influenced by regional factors, form the “economic system management profile”, and identify the strengths and bottlenecks.
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Journal: AC | Year: 2020 | Volume: 6 | Issue: 4 | Views: 1394 | Reviews: 0

 
2.

The impact of sustainability development reporting on the environmental performance in Jordanian government Pages 395-400 Right click to download the paper Download PDF

Authors: Mohammad Jebreel, Jebreel Jebreel, ABd ALSalam ALhamed

DOI: 10.5267/j.ac.2020.5.002

Keywords: Sustainability, Environmental disclosure, Environmental performance

Abstract:
This research explores the significance of sustainability development through the role of environmental disclosure in Jordanian ministries and government departments by focusing on ministries and government departments that are related with the environment. This research presents the relationship between the environmental disclosure in annual reports and its impact on the overall environmental performance in Jordan, with the use of a mixed approach that will provide better quality of research results. The quantitative approach was used to examine the budgets of 22 ministries and government departments. The study was conducted using the time series from 2006 to 2015. The qualitative approach was conducted to raise the issues related to the subject that are not looked at in the quantitative study and to understand the perception of respondents in the ministries and government departments on the factors and items included in annual reports affecting of environmental disclosure and environmental performance in Jordanian governments. The results show a significant relationship between environmental disclosure and environmental performance in Jordanian government. The findings of this paper present new implications for theorists and practitioners of sustainability development by presenting the importance of the impact of environmental disclosure in the ministries and departments and its relationship on environmental performance of the Jordanian government.
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Journal: AC | Year: 2020 | Volume: 6 | Issue: 4 | Views: 1486 | Reviews: 0

 
3.

Factors affecting the environmental management accounting implementation and the quality of environmental information for making decisions of fishery processing enterprises in Vietnam Pages 401-412 Right click to download the paper Download PDF

Authors: Thi Minh Hue Le, Lan Anh Dang, Thi Hong Le

DOI: 10.5267/j.ac.2020.5.001

Keywords: Environmental Management Accounting (EMA), Environmental information, Information quality, Fishery Processing Enterprises (FPEs) in Vietnam

Abstract:
Due to increase in global pressures and interest in environmental issues over the past two decades, Environmental Management Accounting (EMA) has been emerged as a new technique in accounting field in order to provide information based on environmental issues for various parties. The environmental accounting information disclosure benefits the decision makers for managing and improving environmental performance. This study aims to assess factors affecting the Environmental Management Accounting Implementation and affecting the Quality of Environmental Information for making decisions of Fishery Processing Enterprises (FPEs) in Vietnam. There are 3 groups of factors including Company’s nature and perspective; Government and Stakeholders’ Pressure; Methods, tools and regulations for EMA which are examined to learn about their impacts on EMA Implementation and Environmental Data Quality for decision making of FPEs in Vietnam. The result showed that the 3 factors had a causal relationship with EMA Implementation. At the same time, EMA Implementation has the positive impact on Environmental Data quality for decision making of the FPEs in Vietnam. Based on the results of survey and data processing, the authors propose FPEs in Vietnam to increase the effectiveness of methods and tools for EMA, be more responsible for government and stakeholders’ pressure, promote managers’ perspectives related to environmental issues, and enhance EMA implementation, from which to increase the quality of environmental data for decision making.

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Journal: AC | Year: 2020 | Volume: 6 | Issue: 4 | Views: 2518 | Reviews: 0

 
4.

The governance quality-growth nexus revisited: A new evidence from the Bayesian multilevel generalized linear model Pages 413-420 Right click to download the paper Download PDF

Authors: Anh Hoang Le, Khai Nguyen Hoang, An Pham

DOI: 10.5267/j.ac.2020.4.0019

Keywords: Governance, Economic growth, Bayesian Multilevel Generalized Linear Model

Abstract:
Many empirical studies have been conducted so far on economic growth in the world. In these studies, the effect of various elements on the economic growth, such as public expenditure, inflation, labor, private investment, etc., has been examined. In this study, the effect of governance on the economic growth in 43 Asian countries is considered during the period from 2004 to 2016. Using the Bayesian multilevel generalized linear model, it is estimated that governance has a positive impact on economic growth with a probability of more than 80%. Based on this, policy implications are provided for improving the governance quality to promote economic growth.
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Journal: AC | Year: 2020 | Volume: 6 | Issue: 4 | Views: 1095 | Reviews: 0

 
5.

Determinants of Vietnam’s export to EU market Pages 421-424 Right click to download the paper Download PDF

Authors: Thanh-Long Tran, Minh-Vuong Vo

DOI: 10.5267/j.ac.2020.4.0018

Keywords: EU market, Vietnam, Export, Gravity model

Abstract:
The paper uses the gravity model and panel data to examine the determinants of Vietnam's export to the EU market during the 2007-2017 period. The article uses the Hausman-Taylor estimator for the optimal combination of Fixed-Effects (FE) and Random-Effects (RE) methods. The estimation results indicate that the determinants of Vietnam's export to the EU market include: aggregate population (+2,512); aggregate GDP per capita (+1,256); Vietnam's index of infrastructure (+0,824) and aggregate trade openness (+0,377). Based on these results, the paper suggests policies to boost Vietnam's export to the EU.
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Journal: AC | Year: 2020 | Volume: 6 | Issue: 4 | Views: 1998 | Reviews: 0

 
6.

Analysis of supply response of black tiger shrimp production using Nerlove model Pages 425-432 Right click to download the paper Download PDF

Authors: Ngoc Le, Quang-Thanh Ngo

DOI: 10.5267/j.ac.2020.4.0017

Keywords: Black tiger shrimp, Nerlove method, Supply response, Price elasticity, Mekong Delta

Abstract:
This study aims to analyze the effect of black tiger shrimp price and other factors on the shrimp area in the Mekong Delta using the supply response function based on the Nerlovian partial adjustment model. Using quarterly panel data collected from four provinces (Ca Mau, Bac Lieu, Soc Trang, and Kien Giang) for the period of 2014 to 2017, the estimates in the supply response are obtained from Fixed-Effects (FE) method. Results indicate that the adaptive expectation hypothesis to the simple Cobweb model is likely to best fit the data. The estimates of the supply response model show that information used for expected price formation quickly responded in making a decision of black tiger shrimp production. In both the short run and long run, the expected price has a significant effect in directing black tiger shrimp farmers to formulate the supply response decision. The acreage response elasticity is more elastic.

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Journal: AC | Year: 2020 | Volume: 6 | Issue: 4 | Views: 1352 | Reviews: 0

 
7.

Factors influencing spread in Malaysia securitization market Pages 433-440 Right click to download the paper Download PDF

Authors: Mohammed Hariri Bakri, Shafinar Ismail, Nurazilah Zainal, Fakarudin Kamarudin, Samer Al Shami

DOI: 10.5267/j.ac.2020.4.0016

Keywords: spread, securitization, leverage, panel data, Malaysia

Abstract:
The purpose of this paper is to propose a model to test the factors influencing on spread in Malaysia securitization market. An extension Vink’s model is tested and revalidated to determine and measure the factors influencing spread of securitized firms in Malaysia. The study consists firm characteristics and macroeconomic factors. Firm characteristic factors based on Vink’s model, such as Liquidity and Leverage. In addition, economic and market condition factors such as Interest and Inflation also maintain high impact to spread securitized firms. Ordinary Least square method, Panel data and multiple regression analysis are applied for the study period 2004-2012. The result shows two determinants influence or contribute to the primary market spread and are statistically significant in developing the securitization in Malaysia. It can be concluded that inflation and interest rate significantly contribute to the determinant of primary market spread. From four hypotheses, two hypotheses support that the determinants had a relationship with primary market spread. The result may become a model and benchmark for other ASEAN countries to be used as Malaysia resilient during subprime mortgage in 2008.
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Journal: AC | Year: 2020 | Volume: 6 | Issue: 4 | Views: 1666 | Reviews: 0

 
8.

Determinants influencing the profitability of listed food processing firms in Vietnam Pages 441-452 Right click to download the paper Download PDF

Authors: Huy Quang Bui, Duc Viet Nguyen, Do Duc Manh Tran, Phuong Thao Hoang, Minh Huong Pham, Manh Dung Tran, Huy Nhuong Bui

DOI: 10.5267/j.ac.2020.4.0015

Keywords: Determinants, Profitability, Food processing firms, ROA, Vietnam

Abstract:
This research is conducted to evaluate the determinants influencing the profitability of the food-processing firms in Vietnam. Data was collected from audited financial statements from the food-processing firms listed on the Vietnam Stock Exchange from 2012 to 2018 and panel regression model was used in the research (PLS). We selected the methods of testing the model's defects. The testing methods employed in this study were Pearson model, Hausman model, especially the relationship between FEM and REM; Modified Wald Test, Wooldridge test (for autocorrelation in panel data), and lastly Multicollinearity test based on VIF coefficient. The results indicate that Total-Debt-to Total-Equity and Long-term-Debt (TDTELT) had positive influence on profitability. However, Debt Ratio (DR), Short-term Debt Ratio (SDR), Long-term Debt Ratio (LDR) had negative impacts. Fixed Assets to Total Assets (FATA) and Firm size (SIZE) impact Return on Assets (ROA) without statistical significance.
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Journal: AC | Year: 2020 | Volume: 6 | Issue: 4 | Views: 1807 | Reviews: 0

 
9.

Personnel expenses and productivity change in Peruvian stock mining companies Pages 453-464 Right click to download the paper Download PDF

Authors: Jimmy Deza

DOI: 10.5267/j.ac.2020.4.0013

Keywords: Personnel expenses change, Productivity change, Malmquist index, Metallic mining company, Nonmetallic mining company

Abstract:
More than half of Peruvian exportations are made by mining companies, which also are a traditional employment source that attracts thousands of Peruvian workers because of their high economic benefits. This paper aims to find whether there is a relationship between personnel expenses change and productivity change in Peruvian stock mining companies from 2011 to 2018. Malmquist index and multiple regression were used to analyze data of 17 Peruvian mining companies both metallic and nonmetallic ones. It was found that there was a negative relationship between personnel expenses change and productivity change in metallic mining companies while there was a positive one for nonmetallic companies.
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Journal: AC | Year: 2020 | Volume: 6 | Issue: 4 | Views: 1336 | Reviews: 0

 
10.

Macroeconomic variables and portfolio investment in Bahrain using an ARDL bound testing approach Pages 465-472 Right click to download the paper Download PDF

Authors: Mohammad Salem Oudat, Hafnida Hasan, Ayman Abdalmajeed Alsmadi

DOI: 10.5267/j.ac.2020.4.0012

Keywords: Portfolio investment, Macroeconomics, Autoregressive Distributed Lag (ARDL)

Abstract:
The main aim for the current paper is to shed some light on some macroeconomic variables that affect the portfolio investment in one of the Middle East countries (Bahrain) for the period 1989-2018. Autoregressive Distributed Lag (ARDL) test was employed. The findings revealed that there was a long run relationship between portfolio and macroeconomic factors. The variable can cause portfolio investment only for consumer price index and gross domestic product in long run. Meanwhile, it found only consumer price index has statistically significant effect with portfolio investment in short-run.

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Journal: AC | Year: 2020 | Volume: 6 | Issue: 4 | Views: 2209 | Reviews: 0

 
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