Relationship Between Perceived Language Proficiency And Economic Life Satisfaction For Migrants,
2023
Walden University
Relationship Between Perceived Language Proficiency And Economic Life Satisfaction For Migrants, John Ndunduma
Walden Dissertations and Doctoral Studies
The United States needs migrant workers to fill the labor market gap because baby boomers are retiring from the US workforce in large numbers beginning in 2020. Approximately 2.1 million migrants came from Africa to fill the U.S. labor shortage. Many of these African migrants faced challenges with English language proficiency. There are benefits to the United States involved with increasing the economic wellbeing of migrants, such as reducing remigration, increasing the high-skilled labor force, and increasing cultural diversity. This study used Maslow’s motivational theory to test significant relationships between perceptions of English language proficiency (PELP) and economic life satisfaction …
Strategies That Small And Medium-Size Business Owners Use To Repay Bank Loan Obligations In Lagos, Nigeria,
2023
Walden University
Strategies That Small And Medium-Size Business Owners Use To Repay Bank Loan Obligations In Lagos, Nigeria, Taiwo Bamikole Ala
Walden Dissertations and Doctoral Studies
The failure of businesses to repay loans adversely affects credit markets. Small and medium-sized (SME) business owners in Lagos, Nigeria, are concerned because financial institutions are unwilling to provide credit because of the low loan repayment performance of those who have received credit in the past. Grounded in the theory of planned behavior, the purpose of this qualitative multiple-case study was to explore strategies some SME owners use to successfully repay bank loan obligations to sustain their businesses. The participants were three SME owners in Lagos, Nigeria, who successfully repaid their bank loans. Data were collected using semistructured interviews and …
Community College Management Strategies For Balancing The Budgets,
2023
Walden University
Community College Management Strategies For Balancing The Budgets, Rachel Ann Sullivan Dodson
Walden Dissertations and Doctoral Studies
During declining revenue, community college leaders may be unable to balance their budgets effectively. Community college managers who fail to balance budgets negatively impact a college’s financial sustainability. Grounded in Burn’s transactional leadership theory, the purpose of this qualitative single case study was to explore strategies community college managers use to balance their budgets in an environment of declining revenue. Data were collected from eight semistructured community college manager interviews and company documents: enrollment data, budget data, performance-based funding model data, and the strategic plan. Thematic analysis was used to analyze the data. Four themes emerged: (a) budget alignment with …
Implementing Corporate Social Responsibility Strategies To Enhance The Profitability Of Firms,
2023
Walden University
Implementing Corporate Social Responsibility Strategies To Enhance The Profitability Of Firms, Franklin Alexander De La Rosa
Walden Dissertations and Doctoral Studies
Ineffective corporate social responsibility (CSR) strategies can negatively impact a company’s competitive advantage. A lack of competitive advantage may lead a business leader to experience poor performance and lost profits. Grounded in the stakeholder theory, the purpose of this qualitative multiple case study was to explore strategies some commercial banking, loan, and savings association leaders used to ensure successful CSR programs to enhance profitability. Participants comprised four leaders in Puerto Rico who successfully established CSR strategies to improve organizational profitability. Data were collected from semistructured interviews and banking websites. Thematic analysis was used to analyze the data. Three themes emerged: …
Strategies Community Bank Managers Use To Address Rising Financial Regulations Compliance Costs,
2023
Walden University
Strategies Community Bank Managers Use To Address Rising Financial Regulations Compliance Costs, Therese Hortense Ngini
Walden Dissertations and Doctoral Studies
Increasing financial regulations compliance costs have the potential for adverse business outcomes for community banks. Community bank managers are concerned about increasing financial regulations compliance costs because it is the number one predictor of community banks’ failures. Grounded in the resources-based view theory, the purpose of this qualitative single case study was to explore strategies that community bank managers use to mitigate increasing financial regulations compliance costs. The participants were 10 community bank managers and senior staff of a community bank in Maryland who successfully mitigated increasing financial regulations compliance costs. Data were collected using semistructured interviews and reviewing the …
Public Company Ceo Strategies For Navigating A Global Economic Shock,
2023
Walden University
Public Company Ceo Strategies For Navigating A Global Economic Shock, Trevor Lee Johnson
Walden Dissertations and Doctoral Studies
Covid-19 has been the most significant economic shock of the 21st century, evidenced by the S&P 500 index plunging over 30% in early 2020. Business leaders who fail to prepare for black swan events are at a high risk of failure. Grounded in Taleb’s black swan theory, the purpose of this qualitative multiple case study was to explore strategies some public market CEOs use to defend share price returns during economic shocks. The participants were five CEOs of five publicly traded companies listed on the Toronto Stock Exchange who generated positive investor returns since the pandemic began. Data were collected …
Does Esg Matter In Corporate Takeover?,
2023
Faculty of Commerce and Accountancy
Does Esg Matter In Corporate Takeover?, Sann Wai Lhyan
Chulalongkorn University Theses and Dissertations (Chula ETD)
As Environmental, Social, and Governance scores (ESG) are increasingly becoming aware to the public, it is imperative to understand the impact of ESG on firm values, especially in the Asia-Pacific region, as it is home to a diverse and rapidly growing economy, including emerging markets. Therefore, the purpose of this study is to investigate the relationship between ESG and firm value using the takeover market as an empirical setting. The primary focus of the study involves examining the influence of ESG on the occurrence of takeovers through binary logistic regression. Subsequently, the study explores the association between ESG and target …
Does Esg Performance Impact Financial Distress Risk? Evidence From Asia-Pacific Markets,
2023
Faculty of Commerce and Accountancy
Does Esg Performance Impact Financial Distress Risk? Evidence From Asia-Pacific Markets, Methee Srikranjanapert
Chulalongkorn University Theses and Dissertations (Chula ETD)
This research investigates the relationship between Environmental, Social, and Governance (ESG) performance, represented by ESG scores, and Probability of Financial Distress Risk (FDR), as proxied by Ohlson O-Score, for firms operating in the Asia-Pacific region from 2010 to 2022. In addition, the aforementioned relationship during economic crisis and the level of market development is also investigated. The findings reveal a negative association between ESG performance and the probability of FDR in which the increase in ESG performance reduces the likelihood of FDR. Notably, the environmental and social pillars of ESG consistently exhibit negative relationship with FDR, with the social pillar …
Examining Purity And Green Complexity Score On Wind And Solar Stock Return,
2023
Faculty of Commerce and Accountancy
Examining Purity And Green Complexity Score On Wind And Solar Stock Return, Kanokphorn Pongklang
Chulalongkorn University Theses and Dissertations (Chula ETD)
No abstract provided.
Information Asymmetry Transmissions Between Futures And Spot Markets : Evidence From Thailand,
2023
Faculty of Commerce and Accountancy
Information Asymmetry Transmissions Between Futures And Spot Markets : Evidence From Thailand, Supichaya Pattanapanitchai
Chulalongkorn University Theses and Dissertations (Chula ETD)
This research investigates the existence of a lead-lag relationship in information asymmetry between Thailand's futures and spot markets. We use the volatility of order imbalance (VOIB) as an indicator of this asymmetry, concentrating on three investor groups: Foreign Investors (FI), Local Institutions (LS), and Local Investors (LI). Data from TFEX and SET, covering January 2017 to December 2022, was analyzed to identify trading patterns of these investor types. Using vector autoregression (VAR), we examined the connection between variables in the futures and spot markets. We also evaluated the impact of shocks in one market on the other using impulse response …
Investor Type Effect To Volatility-Volume Relationship: Set50 Index Futures,
2023
Faculty of Commerce and Accountancy
Investor Type Effect To Volatility-Volume Relationship: Set50 Index Futures, Jirayu Nakviroj
Chulalongkorn University Theses and Dissertations (Chula ETD)
This study delves into the complex interplay between various types of traders and the resulting effects on the volatility-volume relationship in Thailand's SET50 Index Futures market. It categorizes traders into institutional, retail, and foreign investors, examining their distinct trading behaviors and access to information. The research aims to discern how these diverse investor profiles impact market volatility, particularly in the context of an emerging financial market like Thailand. Utilizing a range of econometric techniques, the study categorizes trading activity into expected and unexpected variables. The findings reveal a positive correlation between retail investors' expected trading volume and market volatility, aligning …
The Credit Risk-Return Puzzle And The Value Premium Puzzle In Thailand,
2023
Faculty of Commerce and Accountancy
The Credit Risk-Return Puzzle And The Value Premium Puzzle In Thailand, Pimnara Ratanasaeng
Chulalongkorn University Theses and Dissertations (Chula ETD)
The objective of this study is to examine the presence of two puzzles in the stock market which are empirically inconsistent with the fundamental principle of risk and return. Theoretically, the assets with higher risk should compensate higher returns. However, when the credit risk is considered, the previous evidences show that the stocks of firms with high credit rating (low risk) generate higher return than the stocks of firms with low credit rating (high risk). Moreover, previous studies find that the firms with high book-to-market (value firm) generates higher return on stock than the firms with low book-to-market (growth firm). …
The Effect Of Earning Surprise On Market Reaction At Various Free Float Levels: An Event Study In Thailand,
2023
Faculty of Commerce and Accountancy
The Effect Of Earning Surprise On Market Reaction At Various Free Float Levels: An Event Study In Thailand, Netchanok Thongplod
Chulalongkorn University Theses and Dissertations (Chula ETD)
This study investigates the complex relationship between free float and market reactions to earnings surprises within the context of the Thai stock market, casting light on the role of free float in influencing market efficiency and investor behavior. The study examines the Efficient Market Hypothesis (EMH), which states that stock prices reflect all available information, making consistent market outperformance difficult. However, it acknowledges that market inefficiencies can occur, with earnings surprises as one possible source. The study investigates how the level of free float or the number of shares available for trading impact the speed and precision of market adjustments …
The Impact Of Green House Gas Emission On Firm's Performance In Japan,
2023
Faculty of Commerce and Accountancy
The Impact Of Green House Gas Emission On Firm's Performance In Japan, Chanikan Veerachadsakulchai
Chulalongkorn University Theses and Dissertations (Chula ETD)
This study investigates the impact of greenhouse gas (GHG) emissions on corporate financial performance in Japan, with a particular focus on the role of environmental regulations. We hypothesize that while lower GHG emissions generally enhance financial performance, the benefits diminish beyond a certain point. Additionally, we examine how stringent environmental regulations influence this relationship. We use total GHG emissions and total GHG emissions per company’s enterprise value including cash (EVIC) as the proxies. The results indicate that GHG emissions negatively impact corporate financial performance, as measured by ROA and Tobin's Q. However, the regulatory environment, whether stringent or not, does …
The Impact Of Regulation, Financial Liberalization, And Mobile Banking On Banking Crises : Evidence From Cross-Country Data,
2023
Faculty of Commerce and Accountancy
The Impact Of Regulation, Financial Liberalization, And Mobile Banking On Banking Crises : Evidence From Cross-Country Data, Napisa Saengmaneenimitr
Chulalongkorn University Theses and Dissertations (Chula ETD)
This paper examines how financial liberalization, institutional quality, and mobile banking adoption affect the probability of a banking crisis using a panel of 36 countries over the period 2000 – 2021. Our key inference is that the relationship between financial liberalization and the probability of a banking crisis is depended in institutional quality. In strong institutional quality countries, the impact of financial liberalization on the probability of a banking crisis is a concave curve, increasing the likelihood of a crisis at low to moderate liberalization levels and reducing it at medium to high levels. Conversely, weak institutions do not exhibit …
The Influence Of Esg Performance On The Cost Of Debt: Evidence From Asia Pacific Countries: The Moderating Role Of Economic Policy Uncertainty,
2023
Faculty of Commerce and Accountancy
The Influence Of Esg Performance On The Cost Of Debt: Evidence From Asia Pacific Countries: The Moderating Role Of Economic Policy Uncertainty, Wiraya Nillaorsrisakul
Chulalongkorn University Theses and Dissertations (Chula ETD)
This paper examines the influence of ESG performance on the cost of debt (CoD) in Asia-Pacific firms from 2010 to 2022. It is among the first to explore how ESG performance scores affect the cost of debt against different economic conditions and market maturity levels.The study finds that companies with higher ESG ratings, particularly environmental and social dimensions, correlate with lower borrowing costs. Governance scores also matter, but they don't seem to influence borrowing costs as much. Additionally, the paper reveals that ESG's impact on borrowing costs is stronger in developed countries than in emerging ones. The research also indicates …
The Role Of Return Dispersion In Momentum Profita Study In The Thai Stock Market,
2023
Faculty of Commerce and Accountancy
The Role Of Return Dispersion In Momentum Profita Study In The Thai Stock Market, Chanunchita Watcharavasunthara
Chulalongkorn University Theses and Dissertations (Chula ETD)
This study investigates the influence of market return dispersion on the profitability of momentum investment strategies within the Stock Exchange of Thailand (SET). Employing an analytical approach, the research identifies a significant and persistent pattern of return dispersion in the Thai stock market. This pattern is characterized by a strong positive correlation between the dispersion of returns in a given period and the subsequent period, as confirmed by a significant autoregressive coefficient and the Dickey-Fuller test. Additionally, the study explores the performance consistency of top-performing stocks during periods of high and low dispersion, using transition matrices and the Chi-squared test. …
The Roles Of Catastrophe (Cat) Bonds: Diversifier, Hedge, Or Safe Haven?,
2023
Faculty of Commerce and Accountancy
The Roles Of Catastrophe (Cat) Bonds: Diversifier, Hedge, Or Safe Haven?, Treepatchara Tasnavijitvong
Chulalongkorn University Theses and Dissertations (Chula ETD)
This research investigates the role of Catastrophe (CAT) Bonds as diversification tools, hedges, and safe havens in global financial markets, with a focus on their behavior during the global financial crisis and the Covid-19 crisis. The study reveals that CAT bonds, recognized as a valuable asset class for their unique structure and ability to transfer catastrophic risks, have gained prominence among institutional investors. By examining the diversification benefits of CAT bonds in relation to traditional assets and analyzing their performance in crisis and non-crisis periods, the research highlights CAT bonds as effective tools for risk management and portfolio diversification. The …
ผลกระทบจากขนาดของการระดมทุน ต่อผลตอบแทนระยะยาวของหุ้น Ipos : หลักฐานจากประเทศไทย,
2023
คณะพาณิชยศาสตร์และการบัญชี
ผลกระทบจากขนาดของการระดมทุน ต่อผลตอบแทนระยะยาวของหุ้น Ipos : หลักฐานจากประเทศไทย, ภูริชญ์ วงศ์ขำ
Chulalongkorn University Theses and Dissertations (Chula ETD)
This study investigates the long-term performance of Initial Public Offerings (IPOs) in Thailand, focusing on how the size of IPO gross proceeds influences their long-run returns. Utilizing a sample of 176 IPOs listed on the Stock Exchange of Thailand (SET) and the Market for Alternative Investment (MAI) between 2013 and 2018, this research aims to provide empirical insights into the relationship between IPO size and market performance over three and five-year periods. The analysis employs multivariate regression models, incorporating control variables such as Return on Equity (ROE), Earnings Per Share (EPS) Growth, and market volatility, while also examining the moderating …
Momentum Effect On Equity Return Derived By Esg Performance, Evidence From Japanese Equity Market,
2023
Faculty of Commerce and Accountancy
Momentum Effect On Equity Return Derived By Esg Performance, Evidence From Japanese Equity Market, Sathaporn Tiensermsub
Chulalongkorn University Theses and Dissertations (Chula ETD)
This study delves into the intricate relationship between Environmental, Social, and Governance (ESG) performance and equity returns within the Japanese market, with a specific emphasis on the momentum effect. Leveraging an extensive dataset encompassing the environmental, social, and governance pillars, our research contributes to the existing body of literature on ESG investing. Our analysis reveals consistent patterns in ESG-momentum interactions, aligning with the findings of previous studies while also offering new insights into the Japanese equity market. Consistent with the research of Chen & Yang (2020), Pedersen et al. (2021), and Luo (2022), our findings affirm that specific quintiles within …
