Thursday, May 21, 2020

The Effect Of Liquidity And Capital Structure On Financial...

Effect of Liquidity and Capital Structure on Financial Performance: Evidence from banking Sector. Abstract This research is titled as the impact of liquidity and capital structure on the financial performance of Cement sector firm. Capital structure and liquidity both play a vital role in growth and profitability of the firm. The data of fifteen cement sector firms were randomly analyzed, for the period of 2008 to 2014. The statistical approaches i.e. correlation, fixed effect, random effect and hausman tests were applied. The results indicated that all capital structure variables, i.e. Debt to equity, debt ratio, funded capital ratio and Funded debt ratio has negative relationship with firm financial performance of these selected cement sector firms. The results also indicated that liquidity proxies, i.e. quick ratio and current ratio have significant positive impact on the financial performance of these cement sector firms. On the bases of the findings of this study it is suggested that these firm’s manager should take care of its capital structure proxies as it negatively impact ing its financial performance. On the bases of findings, it is also advised that these managers should further improve the mechanism of liquidity. Keywords: Liquidity, Capital Structure, Financial Performance, Correlation, Fixed and Random INTRODUCTION Background of the stud Liquidity plays a key role in the uplift of a firm. Liquidity is a measure which represents the ability of a firm havingShow MoreRelatedFactors Influencing The Performance Of Bank s Comprehensive Management1292 Words   |  6 Pagescalculate the performance of bank s comprehensive management. Factor analysis method is used to reduce the dimension of the method, named as a multivariate statistical analysis method. It is integrated into a small number of factors, in order to reproduce the original variables and the relationship between the factors, and then each component to a certain weight in order to calculate the comprehensive score. Choosing explained variables: In this paper, the comprehensive performance of the commercialRead MoreThe Structure, Conduct and Recent Performance of the Uk Banking Sector1105 Words   |  5 PagesINTRODUCTION Before discussing the structure, conduct and recent performance of the UK banking sector, it is useful to provide an insight in the recent global financial crisis caused by the sub-prime mortgage crisis initiated in the US and underline its effects on the banking industry in the UK. It all started with the collapse of the housing bubble in the US, as borrowers were no longer able to meet their financial obligations and as consequence many of these subprime mortgages became default andRead MoreMarketing Plan For Starbucks Corporation814 Words   |  4 PagesCash Flow to Firm approach. And Price Multiple approach is along with those as a verification. Financial Analysis We analyzed Starbucks’ past three years’ financial statements and annual reports. The causes of material changes and effects have been found and can provide us with reasonable explanations. Based on these analyses and along with Management Discussion, we attained a trend for key financial measurements of Starbucks. The trend analyses can definitely support our forecasted data, whichRead MoreVariable Effect Model And Random Impacts Model1380 Words   |  6 Pagesof fixed effect model and random effected model. var(ÃŽ ²)-Var(ÃŽ ²^*) is the difference of covariance matrix inn two results as above. When ÃŽ ²=ÃŽ ²^*, w=0; when ÃŽ ²Ã¢â€°  ÃŽ ²^*, wï ¼Å¾0 Therefore, Hausman test is W~X^2 (k) The k represents number of explanatory variables. If significance level is ÃŽ ±, Wï ¼Å"X_ÃŽ ±^2(k), it is said to choose the random effect model, the other is vice versa. Now referring to our study, The comprehensive performance P is ã€â€"y ã€â€"_it, X_it shows different variables of ownership structure, ÃŽ ¼_it representsRead MoreEssay on Ford Motor Company Analysis1652 Words   |  7 Pagesand net income of $20,213,000,000. Financial data has been gathered from the 2011 annual report and 10-K forms filed with the SEC for further analysis. Appendix A contains these reports and appendix B contains select financial ratios calculated in the analysis. The ratios are divided into six major categories: short-term liquidity, capital structure and solvency, return on invested capital, asset turnover, operating performance and profitability, and financial market measures. All six combine toRead MoreThe Value Of Instruments With Intermediate And Long Maturities1669 Words   |  7 Pagesthe effect of on its net income and net interest income in order to evaluate the input of noninterest income and operating outlays toward the interest rate risk exposure. In particular, a bank with significant fee income should assess the extent to which that fee income is sensitive to rate vicissitudes. From a capital perspective, a bank should consider how intermediate (two years to five years) and long-term (more than five years) positions may affect the bank’s future financial performance. SinceRead MoreThe Importance Of Working Capital For A Business1352 Words   |  6 Pagesworking capital to a business. By definition, in order for a business to conduct its daily operations, such as payment of wages, the purchase of raw materials, it requires funds which are referred to a, working capital which also covers overhead costs. Companies aspire to maintain their cash at a desirable level in order to offset liabilities on maturity and the availability of production materials require by the business to provide customers’ needs indicates the importance of working capital. WorkingRead MoreLiquidity Measures The Financial Situation Of Business862 Words   |  4 PagesClearly, liquidity is different from profitability. It is because liquidity measures the financial situation o f business whereas profitability measures the operating performance. Alexander et al. (2011) denotes that the liquidity ratios are used for short-term insolvency which mean that current assets would be enough to cover current liabilities. Current assets are the assets which can convert into cash within a year, while current liabilities are the immediate payment obligations to another partyRead MoreRatio Analysis On Market Value777 Words   |  4 PagesThe investments are designed to track the performance and the major equity market indices. With the fair market values, equity investments are mainly determined by utilizing the net asset value, which is found within the active market. The return of equity utilizing DuPont System that focuses its attention towards three critical elements. Those three elements consist of the financial condition of the company, the management of assets and capital structure, and the operating management. ReturnRead MoreNet Margin Ratio : Target Ratio1058 Words   |  5 Pageswith the performance that Target has been putting forward and the growth that has occurred over the past three years. Each year there was steady increase in the ratio, until 2016, which had over a 10% increase in ROE. Target is also a front-runner for this ratio as well. Costco is only a few percentage points away from Target, whereas Wal-Mart is in the last spot. Return on Invested Capital The return on invest capital ratio measures a company’s net income in relation to its invested capital (Van Deusen

Wednesday, May 6, 2020

Leadership Theories And Areas Of Application - 1719 Words

Leadership Theories and Areas of Application Leadership Theories The multicultural concept and path goal approach are two leadership approaches that are vital for the field of social work. In America, the country is made up of different races and ethnicities and is viewed as the most diverse country in the world. If social workers in this country used an ethnocentrism approach, then we would be a country divided instead of united, and only assist individuals who provide the opportunity for personal gain (Potocky, M. 1997). For example, if I only choose to assist African American women, then my goal to help them has more to do with their similarities to me, instead of being focused on the client, holistically. In Social work, no one gets†¦show more content†¦The environment is a fast paced, stressful, and dangerous. The leaders of the screening center need not to easily crack under pressure, be able to work in a fast paced and loud environment, and be able to use the best judgment when involved in a crisis and use diffe rent approaches in different situations. In this theory a leadership style is identified and in my environment the primary leadership style is transformational. The leaders inspire their individuals to achieve greatness and make the best decisions individually and collectively. At this screener center the leaders and team members are very aware of each team member’s strengths and weaknesses, which helps us operate better. Transformation leaders already focus on motivating others, and this theory focuses on the factors that will help the team expand and reach the goal at hand (Schriesheim, Castro, Zhou, DeChurch, L. A. 2006). In social work it is important to have leaders who can motivate team members and promote change as working towards a specific goal. The multicultural approach is also important at the screening center, because we assess a diverse population and we have to take in consideration that something like believing that a family member from the dead can visit a p erson may be considered a delusion in one culture and reality in the other (Levine, 1999). It is important to set aside one’s own beliefs about religion politics and other topics that

Way to Wealth Free Essays

Evan Harrison EN 209 31 January 2012 The Way to Wealth The Way to Wealth has exceeded not only the expectations of the colonial people for it provides the audience with an abundance of advice based on the themes of work ethic and economics, but also exceeded the expectations of Franklin for he found â€Å"his works respectfully quoted by other learned authors. † Through is works it is evident that Franklin understands â€Å"the way to wealth† is achieved not only through financial habits but also achieved through the self-improvements made in our daily lives. In addition to the ideals of the Almanac, Franklin was most influential through his insights on how to revise one’s self in becoming successful throughout their daily actions. We will write a custom essay sample on Way to Wealth or any similar topic only for you Order Now The idea of dedication and persistence stands out most as he states, â€Å"early to bed, and early to rise, makes a man healthy, wealthy and wise. † This is one of many statements made that underlines the assertiveness one must obtain to become successful in life. This theme of assertiveness is exemplified once again when Franklin says, â€Å"One today is worth two tomorrows. This quote by Franklin exemplifies the importance of what activities you engage in to better ones self in the present day, for you are not promised tomorrow. But in addition to his advice, Franklin also warns the people of behaviors that obstruct one’s path to wealth. One way Franklin warns the reader is by preaching, â€Å"There are no gains without pains. † This quote serves as a warning to the people that obstacles are common in the pursuit to wealth, as there are obstacles that must be overcome for all things great. The underlying themes of this essay such as: persistence and hard work were the focal point in the defining the way to wealth. Not only the themes but as well as the manner in which Franklin made his work relatable and useful to the common person made him so influential to the colonial people during that time period. Through the techniques Franklin has administered, he has provided the colonial people with useful insights in becoming proficient and future authors with useful quotes. How to cite Way to Wealth, Essay examples