Miracle-dz/UniFAR-FTUs huggingface dataset:
Effect of Motivation on Lecturer Performance at the Institute of Social and Political Sciences (IISIP), Yapis Biak

This study aims to analyze the effect of motivation on lecturer performance at the Institute of Social and Political Sciences (IISIP), Yapis Biak. Data collection is done by distributing questionnaires and conducting interviews involving all permanent lecturers who are active in the Yapis Biak Institute of Social and Political Sciences. The population in this study were 43 people. The data collection method used is a questionnaire. The research approach used is a qualitative approach and the data testing techniques used in this study are multiple linear regression analysis to prove the research hypothesis. The results of the study based on statistical tests, the results of multiple linear regression showed that motivation influenced the performance of lecturers at the Yapis Biak Institute of Social and Political Sciences with a regression coefficient of 0.808.
Nonparametric Assessment of Hedge Fund Performance

We propose a new class of performance measures for Hedge Fund (HF) returns based on a family of empirically identiable stochastic discount factors (SDFs). The SDF-based measures incorporate no-arbitrage pricing restrictions and naturally embed information about higher-order mixed moments between HF and benchmark factors returns. We provide a full asymptotic theory for our SDF estimators to test for the statistical signicance of each fund's performance and for the relevance of individual benchmark factors within each proposed measure. We apply our methodology to a panel of 4815 individual hedge funds. Our empirical analysis reveals that fewer funds have a statistically signicant positive alpha compared to the Jensen's alpha obtained by the traditional linear regression approach. Moreover, the funds' rankings vary considerably between the two approaches. Performance also varies between the members of our family because of a dierent fund exposure to higherorder moments of the benchmark factors, highlighting the potential heterogeneity across investors in evaluating performance.
Control-Ownership Wedge and the Value of Cash Holdings: Evidence from East Asian Corporations

This study investigates the effect of the divergence between the cash flow rights and voting rights of controlling shareholders (henceforth the control-ownership wedge) on the value of cash holdings of corporations in nine East Asian countries. An agency framework implies that investors are more likely to discount the value of cash holdings of firms with a higher risk of an agency problem. Consistent with the predictions of this agency argument, a wider controlownership wedge is found to be associated with a lower value for cash holdings. That is, corporate cash holdings contribute less to firm value when minority shareholders are more likely to be expropriated by controlling shareholders. An additional finding is that investors in countries with a stronger legal regime are more concerned about the rent extraction of controlling shareholders, resulting in greater discount in the value of cash holdings as the control-ownership wedge widens. The results suggest that investors under a strong legal regime are more sensitive to the possible rent-seeking behaviors of controlling shareholders.
Analyzing High Interest Rate Spreads in Kenya: Panel Data Approach

The study investigated factors behind high interest rate spreads with focus on the Kenyan commercial banks. Ordinary least square model, Fixed and Random effect approaches based on Ho and Saunders (1981) were applied on a panel of 38 commercial banks for the period 2006-2015. The study revealed that bank, industry and macroeconomic factors explain interest rate spreads. However, their impact was weak. We recommend the need to explore both internal and industry-led strategies to reduce the effect of factors associated with the bank.
Reducing Anxiety: Training Attentional Disengagement from Threat Using a Modified Spatial Cueing Task

It is well established that trait anxious individuals have an attentional bias for threatening information and stimuli, as demonstrated through both the dot probe and cueing paradigms. In recent efforts to reduce attentional biases and minimize anxiety symptomatology, variations of the dot probe task have been used to train attention away from threat. However, under this paradigm, it is uncertain what the underlying mechanism for attentional bias is. Is anxiety being perpetuated by a shift in attention to threat or does it result from one’s inhibited ability to disengage from threat once it is attended to? The purpose of the present study was to train attention away from threat using a cueing task, thus isolating attentional biases to difficulties in disengaging from threat. The goal of this task was to train attention by manipulating the contingency between the location of a target and a threatening or affectively neutral pictorial cue. Eighty-nine trait anxious college students participated in this study. It was hypothesized that participants in training groups would be able to disengage from threat faster and subsequently show a greater decrease in state anxiety when compared to controls. However, the data failed to support the primary hypotheses of this study. Interestingly, none of the groups showed an attentional threat bias at pretest, which makes it difficult to evaluate the efficacy of the training task. Future research should continue to focus on developing alternative training techniques that can target the mechanism(s) responsible for attentional biases in anxious individuals.
Economic value addition, employment, and enterprise profiles of local authorities in the Free State, South Africa

Abstract A strong underlying structure in the economic, demographic, and entrepreneurial domains of local authorities (municipalities) in the Free State, South Africa was detected through cluster and other analyses. The structure is indicative of a system in which economic value addition, population size, employment creation, and entrepreneurial domains are dynamically linked. The agriculture, mining, and fuel and chemicals sectors dominate the economic value addition in some municipalities, whereas others are without a single dominating economic sector (i.e. they have well-balanced economies). The agriculture and households sectors are significant sources of employment in all municipalities. Cluster sequence analyses of the municipalities revealed statistically significant recurring patterns of value addition, employment, and entrepreneurship, further strengthening the detection of orderliness, which can promote mutual learning. The Metsimaholo municipality with a significant manufacturing base is an atypical Free State municipality and provides an outstanding example of the economic, demographic, and entrepreneurial impacts of value addition to local or external primary products.
Identifikasi Sikap Siswa Terhadap Mata Pelajaran IPA di SMP Se Kabupaten Muaro Jambi

Tujuan dari penelitian ini yakni untuk mengetahui sikap siswa terhadap pelajaran IPA SMP di Kabupaten Muaro Jambi. Jenis penelitian yang digunakan pada penelitian ini yaitu penelitian kuantitatif dan rancangan survei dengan melakukan wawancara sebagai penguat untuk data kuantitatif. Penelitian ini smelibatkan 2815 siswa sekolah menengah pertama SMP di Muaro Jambi. Menggunakan data penelitian berupa angket terdiri dari 54 butir pernyataan yang menggunakan skala 5. Menggunakan analisis statistik deskriptif untuk data kuantitatif dan data kualitatif menggunakan Miles and Huberman dengan reduksi data, penyajian data, serta dilanjutkan kesimpulan. Hasil penelitian membuktikan bahwa sikap ketiga indicator sikap tersebut mendapatkan hasil Baik dan Cukup Baik dengan rincian sebagai berikut: normalitas ilmuan memiliki hasi Cukup Baik sebesar 43%, sikap terhadap penyelidikan dalam IPA dengan hasil cukup baik sebesar 53%, ketertarikan memperbanyak waktu belajar ilmu pengetahuan alam memiliki hasil Baik sebesar 49%
Serving Multiple Masters: The role of micro-foundations of dynamic capabilities in addressing tensions in for-profit hybrid organizations

Regular for-profit companies might claim social and environmental goals, beyond their primary economic objectives, but sustainability-driven for-profit hybrids explicitly design and implement their organizational activities to pursue social, environmental and economic goals equivalently, which typically generates tensions, inherent to their hybrid nature. The ability to address these tensions is key to these organizations’ success, yet the manner in which they do so remains poorly understood. In this case-based qualitative study, the authors explicate how specific individual and collective practices contribute continuously to alleviating hybridity-related tensions among for-profit hybrids and allow them to achieve success. With a micro-foundational perspective on for-profit hybrids’ dynamic capabilities, this study’s findings identify four central, dynamic capabilities of for-profit hybrids, supported by respective sets of micro-foundations. Nine of these micro-foundations contribute specifically to addressing central tensions, to different extents. This study thus highlights how for-profit hybrids embrace hybridity-related tensions to foster the creation of sustainable value.
Essays in financial economics

This thesis consists of three essays in financial economics. In the first chapter, I present an asymmetric information model of financial markets that features rational, but uninformed, hedge fund managers who trade against informed and noise traders. Managers are uncertain not only about fundamentals, but also about the proportion of informed to noise traders in the market and use prices to update their beliefs about these uncertainties. Extreme news leads to an increase in both types of uncertainty, while it decreases price informativeness. Prices react asymmetrically to positive and negative news, with higher expected returns at times of increased uncertainty about market composition. The model generates a price-volume relationship that is consistent with established stylized facts. I then extend to a three-period model and study the dynamics of expected returns and volatility. In the second chapter, we study a dynamic model featuring risk-averse investors with heterogeneous beliefs. Individual investors have stable beliefs and risk aversion, but agents who were correct in hindsight become relatively wealthy; their beliefs are overrepresented in market sentiment, so \the market" is bullish following good news and bearish following bad news. Extreme states are far more important than in a homogeneous economy. Investors understand that sentiment drives volatility up, and demand high risk premia in compensation. Moderate investors supply liquidity: they trade against market sentiment in the hope of capturing a variance risk premium created by the presence of extremists. In the final chapter, we consider a continuum of potential investors allocating funds in two consecutive periods between a manager and a market index. The manager's alpha, defined as her ability to generate idiosyncratic returns, is her private information and is either high or low. In each period, the manager receives a private signal on the potential performance of her alpha, and she also obtains some public news on the market's condition. The investors observe her decision to either follow a market neutral strategy, or an index tracking one. It is shown that the latter always results in a loss of reputation, which is also reflected on the fund's flows. This loss is smaller in bull markets, when investors expect more managers to use high beta strategies. As a result, a manager's performance in bull markets is less informative about her ability than in bear markets, because a high beta strategy does not rely on it. We empirically verify that flows of funds that follow high beta strategies are less responsive to the fund's performance than those that follow market neutral strategies.
Analisis Buku Ajar Belajar Membaca Kitab Kuning Metode Ibtida'i Karya Mujahidin Rohman

Abstrak Kuning Metode Ibtidai karya Kiai Mujahidin Rachman. Penelitian ini merupakan jenis penelitian kepustakaan dengan menggunakan pendekatan kualitatif. Hasil penelitian ini menunjukan bahwa buku ini memenuhi komponen buku ajar yang baik. Buku ini disajikan dalam keterpaduan antara keterampilan membaca kitab kuning, mengartikan, pemahaman ilmu nahwu dan penerapannya. Ada tiga komponen yang menjadi kontruksi buku ini yaitu, 1) teks bacaan berupa kitab tijaanu ad-darari (tauhid), safinatu an-najah (fiqih), dan arba'in an-nawawi (hadits akhlak), yang disajikan dalam bentuk berharokat, bermakna ala pesantren salaf, dan terjemahannya, 2) kaidah nahwu yang disusun sesuai kebutuhan siswa dalam membaca teks, 3) kosakata (kata yang telah diartikan perkata pada teks).
TEENS AND THE HANG OUT LIFESTYLE: WHAT DRIVES TEENS SATISFACTION AND ATTITUDINAL LOYALTY?

Introduction: Satisfying teens consumer group is critical to retain a larger market share in the future. Creating teens’ experience and value seems to be fundamental for enhancing both satisfaction and loyalty in cafes industry. Background Problem: This study examines the impact of customers’ experiences and the hedonic quality on teenagers’ satisfaction and attitudinal loyalty. Novelty: This study provides a new and comprehensive model of customer experience by adding hedonic value as a subjective experience to evaluate satisfaction and attitudinal loyalty. Research Method: Questionnaires were used to collect the data. Purposive sampling was chosen to select the respondents. Two hundred Indonesian teens participated in this study. In order to achieve the aim of this study, SPSS 23 and Partial Least Square (PLS) 3 were used. Seven out of ten hypotheses proposed in the study were supported. Findings: Three dimensions of customer experience (staff interaction, customer interaction and physical environment) have a significant effect on customers’ satisfaction, but only one dimension (physical environment) has an effect on customers’ attitudinal loyalty. An additional finding of this research is that all the hedonic quality dimensions (except hedonic emotional) have an effect on customers’ satisfaction. Lastly, customers’ satisfaction has a significant effect toward customers’ attitudinal loyalty. Conclusion: The findings suggested that a cafe’s manager or owner should pay attention to their customers’ experiences and their hedonic quality, in order to create customer satisfaction and enhance their attitudinal loyalty toward the cafe.
Does Green Supply Chain Management Influence to Suppliersâ€™ Performance? Mediating Role of Social Capital

Present study is ascertain to elaborate the role of green supply chain management towards the suppliersâ€™ performance. Further, the role of social capital as a potential mediator is also explored in the Thai business to business (B2B) context. Data was collected by using the survey questionnaires. Different statistical tests for measurement model and hypothesis testing respectively. Findings highlighted that suppliersâ€™ performance both in environmental and operational terms improves due to the GSCM practices. Furthermore, it also appeared to be the major interpreter for the social capital (rationale and structural). In addition, results also supported the multidimensional impact of social capital on suppliersâ€™ performance. Lastly, both dimensions of the social capital proved to be significant mediator for the relationship between green supply chain management practices and suppliersâ€™ performance. This study comes with the valuable insights to develop understanding about the key role of green supply chain practice and social capital to enhance the suppliersâ€™ performance.
Do Shareholders Gain from Their Right to Sue? Evidence from Federal Judge Turnover

Shareholders' right to sue corporations and managers for breach of securities laws is a controversial investor protection mechanism whose impact on equity value is unclear. Using exogenous variation in courts' ideology concerning the protection of outside shareholders vis-a-vis corporations, we establish that strengthening the right to sue causes equity value loss. The loss only partially stems from mechanisms proposed in prior literature, such as direct and indirect litigation costs. At the same time, a stronger right to sue distorts managers' incentives for corporate disclosure, triggering larger information asymmetries, a higher cost of capital, and hence a reduction in equity value.
Impact of CSR-Relevant News on Stock Prices of Companies Listed in the Austrian Traded Index (ATX)

This paper examines the short-term influence of CSR-relevant news on the enterprise value in the form of respective shareholder value, which is represented by the corresponding stock price. This effect is measured using an event study applied to companies in the “Austrian Traded Index” (ATX). Subsequently, the results of the study show that CSR-relevant news in the financial portal finanzen.net trigger statistically significant abnormal returns and average cumulated abnormal returns within a period of five days. Based on these research results, it is stated that CSR-relevant news has a significant impact on the shareholder value of a company represented by its stock price. The hypotheses defined on the basis of the previously conducted studies on this topic were only partially confirmed. In particular, the negative effects of negative CSR-relevant news are insufficiently shown. Based on these findings, it can be deduced that the effects of the news are reinforced by the CSR relevance, although media presence due to the publications is a factor to be explored.
They stoop to conquer: Guiding and self-regulatory functions of physical posture after success and failure.

Three experiments tested the hypothesis that slumped (depressed) or upright physical postures are not just passive indicators of mental states but can reciprocally affect the mental states and behavior of an individual. By using a methodology similar to that in many facial manipulation studies, the experimenters changed subjects' postures in a standard learned helplessness setting. The results suggested that when a slumped posture is "inappropriate" to the current situation (a subject has just succeeded), the slumping seems to undermine subsequent motivation as well as feelings of control. But when "appropriate" (a subject has experienced failure or helplessness), slumping minimizes both feelings of helplessness and depression and motivation deficits. These results were interpreted with a new theoretical analysis, the "appropriateness hypothesis. " A slumped versus upright posture orientation can guide and moderate information-processing and responses to positive and negative mood-relevant stimuli. The implications of these findings are discussed with regard to self-regulatory processes that may operate in emotion, depression, and learned helplessness.
Does Lower Debt Buy Higher Growth? The Impact of Debt Relief Initiatives on Growth

In 1996, the IMF and the World Bank introduced the Heavily Indebted Poor Countries Initiative — a comprehensive debt relief program aimed at reducing the external debt burden of eligible countries to sustainable levels, provided they carry out strong programs of macroeconomic adjustment and structural reforms designed to promote growth and reduce poverty. Now that the HIPC Initiative is nearly completed, this paper investigates whether the initiative managed to spur growth, either directly or indirectly through investment. In contrast to earlier studies, we conclude that there is some evidence of positive effects of the HIPC Initiative on growth. Such evidence suggests that the HIPC Initiative and MDRI have helped HIPC-eligible countries to reach higher growth, but it remains unclear whether this is through higher investment or another channel. Also, the analysis illustrates that it is hard to disentangle pure debt-relief effects from other concurrent factors.
A Context-Restricted Multi-Stage Korean Coreference Resolution Model

Coreference resolution is a task of finding all word expressions that refer to the same entity in a text. Anaphors generally refer to the nearest preceding individuals with same attributes. So, position information is one of the important features in coreference resolution. In order to resolve Korean coreferences, multi-stage resolution model is developed by classifying coreference types, and then restricted the context of each processing stage differently according to its characteristics. The experimental results show that the proposed system improved 4.4 percentage point compared with the contextunrestricted system. This means that the context-restricted method plays a positive role in Korean coreference resolution.
No pain, no gain? The importance of measuring course workload in student ratings of instruction

Samples of about 200 undergraduate courses were investigated in each of 3 consecutive academic terms. Course survey forms assessed evaluative ratings, expected grades, and course workloads. A covariance structure model was developed in exploratory fashion for the 1st term's data, and then successfully cross-validated in each of the next 2 terms. The 2 major features of the successful model were that (a) courses that gave higher grades were better liked (a positive path from expected grades to evaluative ratings), and (b) courses that gave higher grades had lighter workloads (a negative relation between expected grades and workload). These findings support the conclusion that instructors' grading leniency influences ratings. This effect of grading leniency also importantly qualifies the standard interpretation that student ratings are relatively pure indicators of instructional quality. Student ratings have been both praised as being valid and efficient and criticized as being insensitive and misleading. ' The present research proceeds from an intermediate viewthat student ratings may be imperfect but are nevertheless useful and are also improvable through research. The specific aim of the present research was to construct and confirm a covariance structure model that could identify sources of desired or undesired influences on student ratings. The most ambitious previous effort to describe and confirm a covariance structure model of student ratings has been Marsh's (1991) hierarchical confirmatory factor analysis of &ta provided by 35 items of the SEEQ (Student Evaluations of Educational Quality) inventory. Marsh reported substantial confirmatory support for a nine-factor first-order structure overlaid with a four-factor structure in which the higher order factors represented similarity relations among the nine first-order factors. In contrast with Marsh's (1991) aim of analyzing the dimensional structure of student ratings, the present research sought to evaluate theories of causal influences operating on student ratings. Alternative theories of the influences that affect student ratings imply different patterns of relationships among three categories of measures: (a) evaluative ratings, (b) expected grades, and (c) course workloads.