Establishing A Management Performance Measurement System; Defining And Selecting Kpis,
2022
Embry-Riddle Aeronautical University
Establishing A Management Performance Measurement System; Defining And Selecting Kpis, Dimitrios V. Siskos
Publications
Managers and constituents of industries are increasingly concerned about measuring and managing organizational performance. However, launching a new measurement system goes beyond defining new metrics or developing new displays of existing data. However, as Bourne and Neely (2003) point out, there is some evidence that many of these implementations are not successful. This paper initially examines the most difficult elements in establishing and launching a management performance measurement system. The next step after the establishing of a performance measurement system, is to specify the essential elements in defining and selecting KPIs. Unfortunately, different people have very clear and different definitions …
Relationship Between Risk Exposure, Volatility Forecasting, And Financial Performance Of Hedge Funds,
2022
Walden University
Relationship Between Risk Exposure, Volatility Forecasting, And Financial Performance Of Hedge Funds, Thandi Lasana
Walden Dissertations and Doctoral Studies
Poor hedge fund performance can impede the financial performance of a business organization. Despite the success of hedge funds, they incurred a loss of 33% during the global economic recession of 2007-2009. Understanding volatility and risk exposures are vital for investors and managers to increase hedge fund returns in various market conditions. Grounded in Markowitz’s modern portfolio theory, the purpose of this quantitative correlational study was to examine the relationship between hedge fund risk exposure, volatility forecasting, and financial performance. Data were collected from archival data from the HedgeNews Africa database and financial databases in South Africa between 2007 and …
Assessment Of Unconventional Financing On The Operating Performances Of Nigeria’S Small And Medium Enterprises,
2022
Walden University
Assessment Of Unconventional Financing On The Operating Performances Of Nigeria’S Small And Medium Enterprises, Akiki Sami Maroun
Walden Dissertations and Doctoral Studies
The purpose of this basic qualitative study was to assess the unconventional sources of funds that are available for growth of small and medium enterprises (SMEs) in Nigeria. The focal concentration was to provide answer to the research question which entails the impacts that unconventional financing method has on the operating performances of SMEs in Nigeria. The conceptual framework was the pecking order theory. The study employed a narrative approach, and data gathered using semi structured interviews from a sample size of 20 SMEs in Lagos, Nigeria. Participants were either entrepreneur/SME owner or knowledgeable employees/managers of SME. Data were compiled …
Business Strategies For Small Business Survival In Competitive Environments,
2022
Walden University
Business Strategies For Small Business Survival In Competitive Environments, Wangtzu Moualawtoua
Walden Dissertations and Doctoral Studies
The majority of small business auto dealerships in the United States close due to business failure within the first 3 years of operation. Small business auto dealership owners who lack business strategies risk financial loss resulting in business failure. Grounded in the resource-based view theory, the purpose of this qualitative multiple case study was to explore strategies small business auto dealership owners used to sustain organizations beyond 5 years. There were six participants, including owners and managers from three small business auto dealerships in Sacramento, California, who used strategies to sustain business operations beyond five years. Data were collected through …
Small Business Strategies To Implement Product Diversification Effectively,
2022
Walden University
Small Business Strategies To Implement Product Diversification Effectively, Madeleine Solange Nouteya-Jackson
Walden Dissertations and Doctoral Studies
Business leaders who lack an understanding of the proper strategies to successfully implement product diversification risk decreasing competitive advantage, causing loss of economy constancy and organizational profitability. Grounded in Porter’s five forces of competitive advantage, the purpose of this qualitative multiple case study was to explore strategies small business leaders used to effectively diversify their products to achieve and sustain a competitive advantage. Participants included three retail business leaders who employed fewer than 15 employees and have successfully used product diversification strategies to sustain and maintain a competitive advantage in the District of Columbia, Maryland, and Virginia areas. Data were …
How Investors Relate Portfolio Returns To Investment Performance Using Financial Options,
2022
Walden University
How Investors Relate Portfolio Returns To Investment Performance Using Financial Options, Nurillo Pashshayev
Walden Dissertations and Doctoral Studies
This quantitative study addressed the absence of a simple investment model for private investors by analyzing the relationship between the portfolio returns and the investment performance using financial options. The purpose was to determine whether the financial options added to a portfolio can positively influence an investor’s portfolio performance when diversified properly. Modern portfolio theory and option pricing theory were tested to relate portfolio returns to the investment performance using financial options for individual investors in the United States. Secondary data from Yahoo Finance, New York Stock Exchange, Chicago Board of Options Exchange, and TD Ameritrade were used to perform …
Financial Strategies For Sustainability Of Small- And Medium-Sized Enterprises In Nigeria,
2022
Walden University
Financial Strategies For Sustainability Of Small- And Medium-Sized Enterprises In Nigeria, Okey Okoro Udo
Walden Dissertations and Doctoral Studies
Although small and medium enterprises (SMEs) contribute significantly to Nigeria’s socioeconomic and political development, most of the country’s SMEs no longer operate by their fifth anniversary. Many owners lack knowledge of the financial strategies required for the long-term performance and growth of their enterprise. The aim of this qualitative multiple case study was to gain an in-depth understanding of financial strategies that SMEs owner-managers can adopt to enhance the sustainability of their business operations in Nigeria. This study was grounded in entrepreneurship theory and Porter’s model of competitive strategy. Qualitative data from multiple sources, including semistructured interviews, scholarly works, and …
The Relationship Between New Foreign Direct Investment And U.S. All Industry Sales,
2022
Walden University
The Relationship Between New Foreign Direct Investment And U.S. All Industry Sales, Sherron Alexander Jackson
Walden Dissertations and Doctoral Studies
In the global production network, multinational corporations can squeeze domestic firms out of local markets. Nationally, economic developers are concerned about all industry sales as a symbol of the economic advantages featured in regional business production. Grounded in ownership, location, and internalization theory, the purpose of this ex post facto study was to examine the relationship between (a) new foreign direct investment (NFDI) for acquisition projects, (b) NFDI for greenfield establishment projects, (c) NFDI for greenfield expansion projects, and (d) all industry sales in the United States. Data were collected from the 2019 U.S. Bureau of Economic Analysis (BEA) archival …
Strategies To Improve Minority Business Enterprises’ Access To Capital For Competitive Positioning And Profitability,
2022
Walden University
Strategies To Improve Minority Business Enterprises’ Access To Capital For Competitive Positioning And Profitability, Darlene Hill
Walden Dissertations and Doctoral Studies
Some minority business enterprises (MBEs) have limited capital for setting up their businesses, which often leads to business failure. Grounded in entrepreneurship theory, the purpose of this qualitative multiple-case study was to explore strategies MBEs used to access capital to improve their competitive positioning and profitability. The participants were six MBE owners from Alabama who demonstrated success at maintaining and securing working capital to maintain a profitable business for a minimum of 5 years. Data were collected from semistructured interviews and reviews of organization documents and websites. Using Yin’s five-step data analysis process, four themes emerged: owner financing, government loans …
University Student Descriptions Of Their Financial Knowledge Of Student Loan Debt,
2022
Walden University
University Student Descriptions Of Their Financial Knowledge Of Student Loan Debt, Dr. Loraine Edwards Griffiths
Walden Dissertations and Doctoral Studies
University students and university personnel are important contributors to the economy of the United States regarding excessive student loan debt. As such, a lack of financial literacy is a significant problem. The purpose of this single descriptive qualitative case study was to describe the experiences of certain individual university students about their financial knowledge of their student loan debt. Bandura's social learning theory and Maslow's hierarchy of needs theory was used to analyze the results of this study. The research questions asked how university students describe their experiences regarding student loan debt and their financial acuity, and how do university …
Assessing The Relationship Between Automated Technology Expenditure And Revenue Cycle Performance,
2022
Walden University
Assessing The Relationship Between Automated Technology Expenditure And Revenue Cycle Performance, Kelsey Macapagal
Walden Dissertations and Doctoral Studies
Despite evidence that the automation of administrative processes may lead to both cost reductions and performance benefits, there was little to no empirical evidence that holistically examined the impact of technology within the healthcare revenue cycle. The purpose of the current quantitative study was to examine the relationship between automated technology expenditure and revenue cycle performance. Correlational analyses were used to determine the relationship between automated technology expenditure and labor, revenue, and denials, respectively, within the revenue cycle of a single, multi entity health system in California. Regression analysis was used to determine the relationship between variables over a 4-year …
Corporate Governance Attributes Of Board Independence And Board Education As Predictors Of Financial Performance Of Banks In South Sudan,
2022
Walden University
Corporate Governance Attributes Of Board Independence And Board Education As Predictors Of Financial Performance Of Banks In South Sudan, Dier Tong Ngor-Chol
Walden Dissertations and Doctoral Studies
Corporate governance has attracted much attention in the past few years due to cycles of corporate scandals and frauds that have resulted in momentous cases of financial failures and the collapse of some major corporations. Although the renewed interest in corporate governance has generated considerable insights and a better understanding of the prevailing corporate governance practices, much of this interest has concentrated on experiences in developed and emerging economies. There remains a significant lack of understanding of the practice and impact of corporate governance on firms’ performance in developing countries. This quantitative, nonexperimental study tested the predictive relationship between corporate …
Strategies Business Leaders Use To Mitigate Online Credit Card Fraud,
2022
Walden University
Strategies Business Leaders Use To Mitigate Online Credit Card Fraud, Clarissa Rosario-Tavarez
Walden Dissertations and Doctoral Studies
Online credit card fraud targeting banks, customers, and businesses costs millions of U.S. dollars annually. Online business leaders face challenges securing and regulating the online payment processing environment. Grounded in the situational crime prevention theory, the purpose of this qualitative multiple case study was to explore strategies online business leaders use to mitigate the loss of revenue caused by online credit card fraud. The participants comprised five online business leaders of an organization in the Southwest of the United States, who implemented strategies that successfully mitigated revenue losses due to online credit card fraud. The data were collected from semistructured …
Predictors Of Medication Alternative Cost-Saving Strategies Among Adults With Type 2-Diabetes,
2022
Walden University
Predictors Of Medication Alternative Cost-Saving Strategies Among Adults With Type 2-Diabetes, Olaseni Solomon Oduwaye
Walden Dissertations and Doctoral Studies
Adults with type 2 diabetes (T2D) in the United States experience a significant financial burden in managing their condition due to prescription medication, higher out-of-pocket (OOP) costs, number of prescribed medications, and health insurance status to stay compliant with their medications. This study examined the association between the alternative medication cost-saving strategies, including obtaining free samples from doctors or patient assistance programs, splitting pills or changing dosage frequency, purchasing from other countries, purchasing over the internet, and the three independent variables among adults diagnosed with T2D. Reasoned action approach theory helped guide how external factors may influence an alternative medication …
Credit Abuse, Interest Rates, And Loan Performance Of Ten Nigerian Banks,
2022
Walden University
Credit Abuse, Interest Rates, And Loan Performance Of Ten Nigerian Banks, Diala Ugwumba
Walden Dissertations and Doctoral Studies
AbstractThe ongoing failure in the Nigerian financial system has been a source of concern to the regulatory authorities, stakeholders, depositors, and the banking public because of the role these financial institutions played in the Nigerian economy in the last decade. The root of the problem was credit abuse performed by the bank’s credit officers and executive directors which made it challenging for financial institutions to recover the loans granted by the banks. The issue made investors lose their investments and bankers lose their jobs. The crisis resulted in poor asset quality that eventually eroded the Nigerian financial institution’s capital. Using …
Annual Report Designs Today: A Paradigm Shift In Purpose,
2022
University of Lagos, Akoka Nigeria
Annual Report Designs Today: A Paradigm Shift In Purpose, Imene Friday Oghenefegha
DLSU Business & Economics Review
This paper focused on reemphasizing the original purpose of the annual report which lies in its use as a medium of communication between preparers and users; whereby the former report stewardship while the latter evaluate stewardship to make buy/sell/hold decisions. To achieve this objective, opinions were collected from a sample of 150 preparers and users of annual reports, while the contents of 100 annual reports from 20 listed firms over a period of 5 years were also analyzed. The result showed that the preparers and users of annual reports agree that such content as advertisements and images, as well as …
The Relationship Between Enterprise Risk Management And Cost Of Capital,
2022
Old Dominion University
The Relationship Between Enterprise Risk Management And Cost Of Capital, Muhammad Kashif Shad, Fong-Woon Lai, Amjad Shamim, Michael Mcshane, Sheikh Muhammad Zahid
Finance Faculty Publications
This paper investigates the effect of enterprise risk management (ERM) implementation on the cost of capital (cost of debt, cost of equity, and weighted average cost of capital) for the oil and gas industry. The research is conducted using panel data analysis from 2008-2017 for 41 oil and gas companies publicly listed on the Bursa Malaysia. ERM implementation data is collected from company annual reports, while the cost of capital data is obtained from Thomson Reuters DataStream. The results indicate that an increase in the level of ERM implementation reduces the cost of capital, which we argue is one mechanism …
The Way Digitalization Is Impacting International Financial Markets: Stock Price Synchronicity,
2022
Old Dominion University
The Way Digitalization Is Impacting International Financial Markets: Stock Price Synchronicity, Chen Chen, M. Mahdi Moeini Gharagozloo, Layla Darougar, Lei Shi
Finance Faculty Publications
This paper investigates whether and how the development level of a country's digital economy affects stock price synchronicity. The results indicate that countries with high levels of digital economy development exhibit low stock price synchronicity. Additionally, by decomposing stock price synchronicity into systematic and firm‐specific stock return variations, we find that systematic (firm‐specific) variations of stock returns decrease (increase) with the level of a country's digitalization. These findings shed light on the future trend of stock price synchronicity in financial markets around the world and support the information‐based interpretation of stock price synchronicity.
The Portfolio Advantages Of Sukuk: Dynamic Correlations Between Bonds And Sukuk,
2022
Old Dominion University
The Portfolio Advantages Of Sukuk: Dynamic Correlations Between Bonds And Sukuk, Abdullah Alfalah, Simon Stevenson, Eamonn D'Arcy
Finance Faculty Publications
The growth of the Islamic finance sector has been well-documented. One of the most booming sectors has been Sukuk. According to several past studies, non-Islamic investors' interest in Sukuk is due, at least in part, to the diversification benefits that Sukuk provides in the context of a fixed-income portfolio. This paper compares a pair between Sukuk and Bonds in the Malaysian market issued by the same issuer to have an unbiased comparison. Using unconditional correlation methodology provides an initial examination of the relationship between the matched pairs. In addition, this paper adopts the standard GARCH-DCC approach of Engle (2002). This …
Are Ceos To Blame For Corporate Failure? Evidence From Chapter 11 Filings,
2022
Old Dominion University
Are Ceos To Blame For Corporate Failure? Evidence From Chapter 11 Filings, Rajib Chowdhury, John A. Doukas
Finance Faculty Publications
This study examines whether chief executive officers (CEOs) are to blame for corporate failures. Using alternative CEO managerial ability measures, we document that high-ability (low-ability) CEOs are less (more) likely to be associated with bankruptcy. We also find that reorganized firms run by high-ability incumbent CEOs experience improved financial performance after filing for Chapter 11. Firms that hire high-ability CEOs with bankruptcy experience also realize improved financial performance. Our evidence indicates that the likelihood of corporate bankruptcy is unrelated to the presence of high-ability managers and that bankruptcy does not adversely affect the post-bankruptcy careers of high-ability CEOs.
