bluuebunny/crossref_metadata_2025 huggingface dataset:
PENGARUH GAYA KEPEMIMPINAN KEPALA SEKOLAH, MOTIVASI KERJA, DISIPLIN KERJA TERHADAP KINERJA GURU DI SMPN 04 PUTUSSIBAU
Authors: Saputra Ardianus Imen , Wicaksono Luhur
Published: February 2023

This study aims to examine and analyze the effect of leadership style, work motivation, work discipline on the performance of teachers at SMPN 04 Putussibau. This study uses a quantitative descriptive approach. The technique collected in the form of primary data through a questionnaire distributed to respondents called a questionnaire. The data collection technique used purposive sampling technique, namely the sampling technique with certain considerations, namely using certain criteria such as educators who have worked for more than 1 year, this research was conducted by distributing questionnaires to 30 teachers at SMPN 04 Putussibau. From the results of the study that the leadership style variable has no significant effect on teacher performance, the results of the multiple regression equation obtained a value of 0.055 with a t-count value of 0.206 smaller than t-table 2.055 and a Sig value of 0.840 greater than 0.05, then Ha is rejected. The work motivation variable has a significant effect on teacher performance, namely the value of the multiple regression equation produces a value of 0.596, with a t-count value of 2.217 smaller than t-table 2.0555 and a Sig value of 0.037 smaller than 0.05 then Ha is accepted. The work discipline variable has a significant effect on teacher performance, namely the value of the multiple regression equation obtained by a value of 0.790, with a value of 3.151 greater than t table 2.055 and a Sig value of 0.006 less than 0.05, then Ha is accepted. Leadership style, work motivation and work discipline simultaneously (simultaneously) have a significant effect on teacher performance at SMPN 04 Putussibau.
Pendidikan keluarga dalam perspektif Islam
Authors: Kamali Moh , Nawawi Nawawi
Published: February 2023

Education that takes place in the family carried out by parents as their duty and responsibility to educate in the family. The relationship between individuals in the family environment greatly affects the child's psyche and the impact will be seen until later when he reaches adulthood. A loving and conducive atmosphere for intellectual development that is successfully built in a family will make a child able to adapt to himself, his family and the surrounding community. The family as the first educational environment is very important in shaping the pattern of the child's personality, because in the family the child is first acquainted with values and norms. Family education provides basic knowledge and skills, religion and beliefs, moral values, social norms and views of life that students need to be able to play a role in the family and in society.
UPAYA PENANGANAN TRAUMA PELECEHAN SEKSUAL MASA LALU
Authors: Kasenda Rinna Yuanita , Takapipi Costanli , Meta Joan , Suryani Suryani , Aruperes Vamela , Tarigan Yusmiar Br
Published: February 2023

Sexual harassment of children is a problem that often arises in society so that it is difficult to solve and seriously threatens the lives of children or families, apart from damaging the morale of the younger generation who will later become the nation's successors, of course sexual abuse of children is a very heinous act because it will have an impact both psychologically and physique.
PENGARUH PENGENDALIAN DIRI DAN STRES KERJA TERHADAP PERILAKU CYBERLOAFING PADA DOSEN DI INDONESIA
Authors: Kartinah Kartinah , Saifulah Anang Maruf , Anisah Tiara Nur , Nurwiyanta Nurwiyanta , Sunyoto Danang
Published: February 2023

This study aims to examine the influence of personality, the influence of self-control and work stress on cyberloafing behavior. The population in this study are lecturers in Indonesia. Sampling in this study used a non-probability sampling (convenience sampling) technique. Determination tests, F statistical tests and t statistical tests are carried out to answer the research hypothesis. The results of this study show that self-control negatively affects cyberloafing behavior and work stress has a positive effect on cyberloafing behavior. The study has a regression model = -5.064 - 0.206 X1 + 0.755 X2 with an R Square value of 0.357.
Kebijakan Pengembangan Mutu Pendidikan Islam dalam Perpektif Manajemen dan Sumber Daya
Authors: Syarif Syarif , Suaeb Suaeb , Akhyar Akhyar
Published: February 2023

Artikel ini bertujuan untuk mengkaji tentang kebijakan pendidikan Islam dalam perspektif manajemen dan sumber daya. Penelitian ini menggunakan pendekatan kualitatif dengan jenis penelitian library research (penelitian kepustakaan), yaitu metode penelitian yang menggunakan sumber data pustaka seperti buku dan jurnal. Sumber data pustaka penelitian ini adalah buku dan jurnal internasional dan nasional yang relevan dengan topik penelitian. Waktu penelitian dilaksanakan selama tiga bulan, dimulai dengan melakukan pengumpulan buku-buku dan jurnal, kemudian melakukan analisis kesesuaian topik dengan tema penelitian. Hasil penelitian mengungkapkan bahwa kebijakan pengembangan mutu pendidikan Islam dalam perspektif manajemen dan sumber daya dilakukan dapat dilakukan dengan: (1) perubahan paradigma pengelolaan melalui penerapan strategi manajemen mutu terpadu (Total Quality Management), yaitu strategi manajemen mutu yang berorientasi pada kebutuhan pelanggan (siswa, orangtua dan masyarakat). (2) meningkatkan kompetensi guru secara professional, terencana, terukur, dan kontinyu sesuai visi dari lembaga pendidikan. Selain itu, merubah paradigma kepemimpinan, dari bersifat eksklusif ke inklusif, yakni kepemimpinan yang terbuka terhadap dinamika perubahan. Oleh karenanya, pengembangan sumber daya kepala sekolah difokuskan pada penguasaan tiga keterampilan, yakni: technical skills, interpersonal skills, dan conceptual skills.
Implementasi Penyaluran Dana Bantuan Langsung Tunai bagi UMKM pada Masa Pandemi di Kota Tangerang Selatan
Authors: Lubis Annisa Lokita
Published: February 2023

Direct Cash Assistance (BLT) is one of the government's efforts to save the society's economy. This is not a new thing that the government uses as a policy solution that can be issued quickly when the economy is in an emergency. As during the COVID-19 pandemic that has hit Indonesia since March 2020, the government has implemented one of the BLT programs, namely Assistance for Micro Business Entrepreneurs (BPUM) through the Regulation of the Minister of Cooperatives and Small and Medium Enterprises of the Republic of Indonesia Number 2 of 2021 concerning Amendments to Regulation of Minister of Cooperatives, Small and Medium Enterprises Number 6 of 2020 concerning General Guidelines for Distribution of Government Assistance for Micro Business Entrepreneurs to Support National Economic Recovery in Facing Threats That Endanger the National Economy and Rescue the National Economy during the Corona Virus Disease 2019 (COVID-19) Pandemic. The program, which runs from 2020 to 2021 and is planned to be continued in 2022, is expected to be able to maintain the people's economy starting from micro-enterprises which will have an impact on the national economy. This research journal was written to study the effectiveness of the BPUM program procurement in South Tangerang City by analyzing the regulations in force and interviewing with the Head of the Technology and Innovation Section of the Innovation and Technology Data Division of the Cooperatives and Small and Medium Enterprises Office of South Tangerang City. The result is that the program has not run effectively due to the lack of coordination between the center and the regions in implementing the BPUM program.
PERANCANGAN PERLENGKAPAN BUSANA BERBAHAN DASAR TENUN TRADISIONAL SUMBAWA
Authors: Deni Gustu Rahma
Published: February 2023

Penelitian ini dilatar belakangi oleh kurang berkembangnya produk tenun tradisonal Sumbawa. Hasil produksi para penenun hanya berupa sarung tenun dan mengandalkan pesanan pelanggan saja. Tujuan dari penelitian ini adalah merancang diversifikasi produk tenun menjadi produk-produk perlengkapan busana, seperti tas, dompet, topi, dan ikat pinggang yang sesuai dengan kebutuhan dan selera masyarakat masa kini. Diharapkan dari penelitian ini akan memunculkan minat perajin muda untuk menekuni profesi sebagai penenun. Melalui diversifikasi produk tenun ini, juga diharapkan animo masyarakat untuk membeli produk-produk berbahan dasar tenun tradisonal semakin meningkat, sehingga mampu meningkatkan kesejahteraan para penenun di Sumbawa. Penelitian ini merupakan penelitian kualitatif dengan pendekatan studi kasus. Proses pengumpulan data dilaksanakan melalui observasi atau pengamatan, wawancara, dokumentasi, dan studi pustaka.
Peran Dosen Dalam Mengembangkan Profil Pelajar Pancasila Melalui Perspektif Filsafat Pendidikan
Authors: Arifin Zainal , Masitoh Siti , Nursalim Mochammad
Published: February 2023

Character education in the application of the pancasila student profile in the curriculum which is a plan and arrangement that contains objectives, content, materials and teaching methods must be raised so that it has a good impact on the implementation of pancasila values focused on the role of the lecturer in shaping student attitudes and personality. The application of the pancasila student profile is expected to be able to foster motivation and character education in a student who is the responsibility of all elements. Symbolically, this sentence illustrates that the task of developing independent character for students is not an easy job, but guidance and direction is needed so that students have character. Learning on an independent campus provides challenges and opportunities for the development of innovation, creativity, capacity, personality and student needs, as well as developing independence in seeking and finding knowledge that can foster student character.
PENGEMBANGAN MODEL PEMBELAJARAN KARTU DETEKTIF BERBASIS PENDIDIKAN KARAKTER PESERTA DIDIK SEKOLAH MENENGAH ATAS
Authors: Setiawan Doni , Garini Hana Ardya , Faoziyah Nina -
Published: February 2023

Penelitian ini bertujuan mengembangkan model pembelajaran “Kartu Detektif’ yang berbasis pendidikan karakter pada pelajaran Fisika untuk siswa sekolah menengah atas. Model pembelajaran “Kartu Detektif” diadopsi dari Model pembelajaran ASSURE dan strategi pembelajaran Team Assisted Individualization yang terdiri dari : analisis karakter peserta didik, menetapkan tujuan pembelajaran, memilih metode pembelajaran, memilih teknologi yang sesuai, dan melibatkan peserta didik agar aktif dalam pembelajaran fisika. Jenis penelitian ini adalah Research and Development (R&D) model 4D. Penelitian ini dibagi menjadi tiga tahap, yaitu : (1) eksplorasi secara teoritis dan penyusunan draft perangkat model pembelajaran fisika  (2) Uji empiris, yang terdiri dari validasi ahli, uji kepraktisan, dan angket respon siswa. Hasil validasi ahli diperoleh model pembelajaran fisika yang dikembangkan valid dengan persentase pencapaian 89,5 %. Materi pembelajaran meliputi bab dinamika gerak, sub bab hukum Newton tentang gerak. Uji kepraktisan terdiri dari aspek efektif, interaktif, efisien, dan kreatif. Hasil uji kepraktisan diperoleh model pembelajaran yang dikembangkan praktis dan dikategorikan sangat baik dengan rata-rata pencapaian 81.8 %.
Penerapan Model Pembelajaran Inkuiri Terbimbing Dalam Mata Pelajaran Dasar Desain Grafis Bagi Peserta Didik Nagarawangi
Authors: Fitri Sulidar , Sudirman Sudirman
Published: February 2023

Creativity is important in learning. sometimes in a learning process, teachers often pay less attention to the importance of students' creativity, this has an impact on decreasing students' creativity in doing assignments. The research method used is a quasi-experimental method using a pretest and posttest control group design. The population in this study were all students of class X Multimedia in the Nagarawangi village area. The technique of producing the sample in this study uses convenience sampling, the sample in this study consists of 20 participants then divided into 2 groups and the experimental method is 10 students in the experimental class and 10 other students in the control class. Based on the results of research and data analysis using the Man Whitney test in the experimental class and control class shows that the value of asymp.sig (2 tailed) is 0.00, which means H0 is rejected and H1 is accepted. This means that there are differences in the increase in creativity of students who use the Guided Inquiry learning model with the conventional model. The average increase in the experimental class is 0.80 and the control class is 0.10.
ANALISIS KEMAMPUAN NUMERASI DALAM MEMECAHKAN MASALAH MATEMATIKA DI SEKOLAH DASAR
Authors: Fitriana Maulida Arum , Sukarto Sukarto
Published: February 2023

Penelitian ini bertujuan untuk; 1) Untuk mengetahui kemampuan numerasi siswa dalam menyelesaikan masalah hitung dasar di SD, 2) Untuk melihat Kompetensi pedagogik guru  dalam pembelajaran matematika siswa di SD. Metode penelitian ini menggunakan metode kualitatif deskriftif. Dengan Teknik pengumpulan data menggunakan Teknik observasi, wawancara dan dokumentasi. Hasil penelitian menunjukkan bahwa : 1) Tingkat kemampuan numerasi siswa paham pada aspek bilangan, nilai tempat dan penjumlahan, sedangkan masih rendah dan perlu diperbaiki pada aspek perkalian, pembagian, pecahan, pengukuran, bangun datar, dan bangun ruang. 2) Kompetensi pendagogik guru dalam pembelajaran matematika siswa SD telah mampu Mengidentifikasi berbagai kamampuan dan krakteristik peserta didik. Mengembangkan Kurikulum 2013 dengan selalu mempersiapkan Silabus dan RPP saat pembelajaran.
Can System of Rice Intensification Boost Smallholders’ Rice Production in Rainfed, Lowland Areas of Tanzania?
Authors:   Country Director, HELVETAS Swiss Intercooperation, Tanzania, - Felix Bachmann
Published: February 2023

Based on challenges identified and approaches proposed, the paper builds a case for boosting rice production in rain[1]fed lowland areas of Tanzania. The proposed initiative is designed as an action in the field of development cooperation. Despite its complex nature, the initiative aims at an intensification of the prevailing rice production system in rainfed areas, whereby improving the availability of suitable rice seeds and adopting elements from systems of rice intensifica[1]tion (SRI) are proposed as the main agronomic components, which shall be supported by respective research. Further elements to be considered are the management of land and water in these rainfed areas, which are seasonally used for rice production, while the rest of the year they remain fallow, as well as the economics of the production system, which at present is critical and may remain a stumbling block for intensification, also due to the threat from more competitive local production in irrigated areas and cheap imports.
Effectiveness of Creative Problem Solving Framework in English Language Teaching at Elementary Level in Pakistan
Authors: Naz Alaina , Behlol Malik Ghulam
Published: February 2023

This study investigates the effectiveness of Starko creative problem solving framework (CPS) in teaching English at grade 6. Pretest Posttest Control Group Design with 40 students of public schools participated in the study. Students were equated on achievement test for random allocation in the groups. To deliver the lessons on CPS framework, the researcher obtained three days training from the supervisor that was aimed at encouraging discussion, generating ideas, preparing for action and acknowledging creative solutions based on the framework. Three achievement tests were used as pretests and posttests for gathering data to calculate the mean difference after studying three units. CPS Framework was effective in learning English among high and low achieving students because it focuses on the problem solving mode, allows multiple perspectives and provides space to students with academic multiple competence. The component of CPS Framework about “Preparing for action” provided space for students to think and implement practical tasks, which supported in generating creative ideas. Students conceived creative ideas in the form of constructing sentences on different patterns, organising paragraphs in logical sequence and reaching at self-correction. It is suggested for the educators to create awareness in institutions regarding the use of CPS Framework in order to promote creative thinking skills among students.
Funcții PHP definite de utilizator în dezvoltarea WordPress
Authors:   MultiMedia SRL, Sfetcu Nicolae
Published: February 2023

PHP definește o gamă largă de funcții ca blocuri reutilizabile de instrucțiuni în limbajul de bază, și multe sunt, de asemenea, disponibile în diferite extensii. Aceste funcții sunt bine documentate în documentația online PHP. Funcțiile personalizate pot fi definite de dezvoltator. O funcție nu se va executa automat când se încarcă o pagină, ea poate fi apelată de oriunde și oricând în cadrul programului. PHP acceptă declarații de tip privind parametrii funcției, care sunt aplicate în timpul execuției.
Utilizing A Magnometer To Locate Abandoned Oil Wells In Butler County, Kansas
Authors:   , Neeley Christopher
Published: February 2023

Two ground-based magnetometer surveys were conducted on the American Legion Brownfields Targeted Assessment site in El Dorado, Kansas during November 2011, in an attempt to locate two oil and gas wells that were abandoned prior to 1939. The search areas were delineated by Kansas Corporation Commission staff, and prior to the magnetometer surveys, investigated with ground penetrating radar and a metal detector in an unsuccessful attempt to locate casing material or backfilled drilling cellars. The magnetometer surveys yielded several anomalies that were dismissed as cultural noise after the results were compared with field observations. Two anomalies in survey area #1 were isolated from known cultural features and occurred in the same location as four anomalies that were detected by the ground penetrating radar. The magnetic anomalies were morphologically irregular; had intensities of 80 nanoteslas and 112 nanoteslas, and depths of 1.5 meters and 2 meters respectively. Survey area #2 has a positive magnetic gradient that increases in the direction of a known plugged well outside of the search area, and a circular anomalous low of 145 nanoteslas, adjacent to a vertical steel pipe, which is approximately 5 meters outside of the study grid. Further investigation is required to further the conclusions of this work. The anomalies within survey #1 are primary targets for excavation, which will allow the identity of the objects causing the anomalies to be determined. The areas adjacent to the magnetic gradient and anomalous low in survey #2 should be surveyed to determine if the magnetic character within the grid is related to the cultural features outside of the search area.
A Revision of the Genus Piezogaster Amyot & Serville (Heteroptera: Coreidae: Nematopodini) and the Description of Two New Species
Authors:   , Dealy Beau
Published: February 2023

The New World Heteropteran genus Piezogaster is revised with in-depth descriptions of the genus and its contained species. A diagnostic key to twenty-nine currently recognized species, complete with images and illustrations is provided. Two new species of Piezogaster are described, one exclusive to western Mexico, and the other extending form the southwest United States through central Mexico, Piezogster alternates (Say) is resurrected from synonymy under Piezogaster calcarator (Fabricius), after examination of homoetype specimens, ranges and examination of the descriptions of both species in the literature. Piezogaster ashmeadi (Montandon) is synonymized with P, alternates, based on like diagnostic characters in the literature, sympatric ranges, and the complete lack of identified specimens of P. ashmeadi. Piezogaster herricki (Blote) is synonymized with Piezogaster indecorus (Walker), because of the vagueness of the original description of P. herrichi, the reliance on an inconsistent diagnostic character for separation, and sympatric ranges of both species. Piezogaster humeralis (Distant) is synonymized with Piezogaster camposi (Montandon), based on prior research by O’Shea (1974), similar diagnostic characters in both original descriptions, and material form Distant’s collection at the British Museum identified as P. humeralis that is identical every way to identified specimens of P. camposi. Piezogaster scitus Brailovsky & Barrera is synonymized with Piezogaster auriculatus (Stal) after examination of original descriptions and difficulty in finding any real character distinction between specimens of both species, using specimens identified by Brailovsky. Distributional data are updated by state for the United States and Mexico, as well as by country for Central and South America. Ranges are expanded for nearly all examined species. Distributions examined using Geographic Information System software clarified questions concerning rang overlap of P. alternates and P. calcarator as well as P. herrichi and P. indecorus. Distributional data analysis also showed a discrepancy in the reported distribution of P. auriculatus; the modified range excludes New Mexico and Texas.
Hedging Energy Price Risk Using Artificial Neural Networks
Authors: Najafi Hossein , Rahgozar Reza
Published: February 2023

This paper provides an empirical study of the effectiveness of hedging energy prices using a neural network model. The hedging effectiveness of the model is investigated using daily crude oil, natural gas, and unleaded gasoline futures prices. Empirical results show that the neural network hedging model is effective in reducing commodity price risks.
Contingent-Claim Interpretation of Leases on Real Assets
Authors: Albert Joseph , Francfort Alfred , Hobson Hugh
Published: February 2023

Real estate leases often contain contingent rights that may accrue to either the lessee or the lessor. This paper looks at how these contingent claims can be viewed as the equivalent of exchange traded, and over-the-counter, derivative instruments. It is shown that with this equivalence the potential for derivatives written on real estate represents a major market opportunity for these contracts. The paper also briefly examines how the underlying asset price may be measured, which has been the primary impediment to the development of a real estate derivatives market.
Examination of the Super Bowl Anomaly: Is it Spurious or Real?
Authors: Rayhorn Charles , Drosen James
Published: February 2023

This abstract was created post-production by the JFI Editorial Board.
Is there any logical explanation of the Super Bowl phenomenon (anomaly)? In Koppett's own words: "What does all this mean? Absolutely nothing on any rational level-and that's exactly the point. Just because two sets of numbers coincide in some way, don't leap to the conclusion that one set 'causes' the other ... Statistics, always, are the starting point of an investigation, not the conclusion." The results tend to support Koppett's conclusion that the Super Bowl Stock Market Predictor was just spurious correlation after all. While it had a great run from 1967-1989 it fell apart in the last 15 years. One might speculate that once the phenomenon was documented it became a self-fulfilling prophesy. The three studies cited earlier in this work seem to support such a notion. But even if this was true there is no support for it now.
Finance and International Business Students and their Knowledge of the Euro
Authors: Pope Ralph , Chinen Ken
Published: February 2023

This abstract was created post-production by the JFI Editorial Board.
The purpose of this study is to ascertain students' knowledge of the Eruo and the Eurozone. A similar-although not identical survey-was administered to students five years ago. In that time period, students did not demonstrate any dramatic differences in their responses. A large number of students did know that the Euro was a new currency in several countries in Western Europe. The results to the question which asked for the current value of the Euro were similar to the survey administered five years ago. Fifty to 69 percent of majors knew that nations would give up the use of their own currencies if they became members of the Eurozone. Less than 50 percent of each major realized that a nation in the Eurozone would give up its own monetary policy. Responses to the European Central Bank being the dominant monetary authority in the Eurozone were somewhat higher than the survey given five years ago. Also, the study suggested that there was no significant difference between the responses of males and females. Finally, when responses were analyzed by OPA and undergraduate vs. graduate status, a significant difference was found.
Market Reactions to Jim Cramer's Mad Money Lightning Round
Authors: Neumann John , Kenny Peppi
Published: February 2023

Numerous empirical studies examine investment advisory services and find statistically significant abnormal returns around publication or broadcast of investment recommendations. From Jim Cramer's Mad Money broadcast, the opportunity is presented to examine another source of investment recommendations through his Lightning Round segment. This research finds companies which were recommended buys by Mr. Cramer during the Lightning Round consistently have abnormal stock movement before and after the on-air mention, however investors' reactions to the recommendations do not create an exploitable trading strategy. Stocks with bearish recommendations are found to experience even less reaction.
Empirical Study on Value-Based Performance Measures, Stakeholder Satisfaction and Stock Prices
Authors: Rahgozar Reza , Tichich Mary
Published: February 2023

This paper examines the effects of three different types of performance measurements on the Dow Jones Industrial, Transportation, and Utilities company stock prices: traditional accounting based measures, value-added measures, and nonfinancial based measures. The accounting based measures are return on equity and return on assets; the value-added measures are market value-added and economic value-added; the nonfinancial measures are proxies of sales, times-interest-earned, and taxes representing customer and bondholder satisfaction, and government and society.  

Using cross-sectional data and regression analysis, the results indicate that all performance measures have the expected relationship with prices. Return on equity has a strong and positive effect on share values. Consumer satisfaction, measured by sales volume, also showed a strong relationship with stock prices. However, the significance of the relationship between bondholder satisfactions measured by the times- interest-earned ratio and prices varied from positive to negative and was insignificant. The effect of taxes paid by corporations as proxy for the government as a stakeholder and corporate social responsibilities on share values was mostly insignificant. Overall, the results show that stock price maximization as the primary goal of a firm may lead to the satisfaction of stockholders and consumers. However the relationship between price maximization strategy and bondholders and society satisfaction require further investigations.
Household Income Distribution And Market Returns
Authors: Redmon Alonzo , Howard Robert
Published: February 2023

Income distribution is a topic that has drawn much attention from many sectors of our society. Whether or not the distribution of income has become more unequal over time is an issue that can affect political decision-making, social policy, and social attitudes. Further, do stock market returns play a role in the distribution of income? It may be reasonable to hypothesize that wealthy individuals invest and earn more in equities than do poor or middle income individuals, thus contributing to income inequality. This study analyzes, by ethnic group, the issue of income distribution and the impact of the stock market returns on income distribution. Results of this study indicate that although the distribution of income has become more unequal, the stock market does not have a measurable impact.
On The Incidence of Deposit Taxes
Authors: Osborne Dale , Zaher Tarek
Published: February 2023

N/A
Student Evaluations of Homework Assignments and Use of Technology in the Personal Finance Course
Authors: Kohli Raj
Published: February 2023

This abstract was created post-production by the JFI Editorial Board.
The objective of this study is to analyze the students' response in personal finance courses regarding the helpfulness of homework completion and use of technology. Results show that there is no difference among male or female students about the use of technology and current GPA. However, it is apparent that students with high GPA use more technology than students with a lower value of GPA.
Do Socially Responsible Mutual Funds Measure Up?
Authors: Chang Edward , Philpot James , Swales George
Published: February 2023

This abstract was created post-production by the JFI Editorial Board.
This paper examines characteristics, risk and performance measures of all available socially responsible funds (hereafter SRFs) in the U.S. mutual fund industry. In this study, SRFs include actively-managed funds and index funds. The two issues to be addressed are: (1) Do SRFs as a whole perform as well as the average of all mutual funds in their respective categories? and (2) Do actively-managed SRFs outperform index SRFs?
The authors of this study find SRFs, as a whole, when compared with the average of all mutual funds in the same category, exhibit LOWER measures in most categories. "Do good" SRFs, with the exception of some bond categories, did not perform as well as other mutual funds in their own categories over the past fifteen years. Actively-managed SRFs as a whole, compared with index SRFs, appear to exhibit mostly higher measures over the three- and five-year periods.
Using the ACSI as an Investment Guide
Authors: Kim Chan-Wung , Wrolstad Mark
Published: February 2023

This research uses the level and changes in the American Consumer Satisfaction Index (ACSI) to inform investment decisions. Firms with increases in ACSI scores of >= 3 points are found to provide significantly better investment performance than firms with decreases of <= -3 points. Industries most positively affected by improvements in the ACSI score are found in the department and discount store industries. The industry most hurt by declining ACSI values is found to be the electric service industry. It is also found that firms with scores less than 75 out of 100 that achieved an increase in the index of >= 3 points had significantly better investment performance than those with scores greater than 75 that made the same ACSI index improvement.
Congressional Calendar and Control Risks: Evidence from United States Mega-cap, Broad-based and Innovation-based Stock Market Performance
Authors: Rayhorn Charles , Janson Kenneth
Published: February 2023

United Siaies stock market returns are examined in the context of the Congressional calendar and the incidence of party control. A legislative calendar effect in returns is deemed possible when the Congress is in-session. Previously published studies report a strong negative calendar effect in historical returns for the mega-cap Dow Jones Industrial Average. In this study, similar though less pronounced results are observed for more recent periods. More pronounced negative calendar effects are observed in both the broader S&P 500 Index and the more innovation oriented NASDAQ. Finally, evidence is presented that performance of both the S&P and NASDAQ indices have been related to the incidence of party control in the U.S. Congress.
Biases and Fundamental Investing Knowledge: An Assessment of College Students
Authors: Porter Brian
Published: February 2023

Individuals are being forced to take a greater role in personal retirement planning. Until the mid 1970s, the predominant retirement plan was defined benefit, ralher than defined contribution. Since the 1970s, there has been a move towards defined contribution retirement plans and, in the mid 1990s, defined contribution retirement plans outnumbered defined benefit retirement plans. From 1975 to 1998. there was an increase of 42 million Americans enrolled in non-Social Security retirement programs, from 44 million to 86 million. In 1975, the predominant plan was defined benefit with 32 million Americans participating in 103,000 different defined benefit plans. In contrast, 10 million Americans were participating in 208,000 different defined contribution plans. By 1998, the dominant plan had switched. Forty-six million Americans were in defined contribution plans and 40 million were in defined benefit plans (Migration News). Among Fortune 100 companies the shift is just as dramatic. In 2007, only 28% of Fortune 100 companies offered a defined benefit retirement plan to new employees, compared with 89% in 1985 (Geisel, 2008).
Accession to the EU: A Comparative Economic Analysis of Turkey and Bulgaria
Authors: Naidu G. N. , Choudhury Askar
Published: February 2023

This paper examines the European Union membership classification of both Turkey and Bulgaria with respect to other 11 longstanding European Union (EU) member countries based on their economic profiles. Turkey's most recent effort to enter the European Union has been denied, while Bulgaria and Romania were admitted to the EU. Turkey's situation is so unique both geographically and politically that it offers a very interesting paradigm for economic integration analysis. Turkey's drive to join the EU has faced many impediments and confronted numerous challenges. The basic inspiration for European Union integration is to establish a single market for goods, services, and capital among the member nations. Since this is the motto, we have examined Turkey and Bulgaria on the basis of their economic profiles for integration into the union by analyzing the similarities/differences. Multivariate analyses of Mahalanobis D2, canonical correlation, and canonical discriminant analysis show that Turkey may not yet have earned an economic status to be a member of EU on the basis of five economic factors that we have considered in this paper. However, given that Bulgaria also classified in a separate group than that of those existing EU members provides an opportunity for an argument in favor of Turkey.
Financing of Entrepreneurial Ventures
Authors: Tiwari Kashi
Published: February 2023

Entrepreneurs with zero startup capital can launch new ventures through kind-financing from input-suppliers by offering higher input-prices at time t+k; and, through kind offering at lower prices at time t+k to output-buyers who make advance payments at time t. Interests of entrepreneurs, input-suppliers, and output-buyers get intertwined through such arrangements. All parties (entrepreneurs, input-suppliers and output-buyers) joined through kind-financing, kind-offering, and advance-payments have vested interests in the success of the new-venture (and they contribute through their expertise). This improves efficiency thereby generating a higher level of output than the one generated under cash financing and spot-selling. The value of outputs generated through kind-financing will be greater than the value of outputs owed to kind-suppliers; and, the quantity of outputs generated through advance-payments will be greater than the quantity of outputs owed to advance payers. All types of ventures (new-ventures, growing-ventures, and advanced ventures) gain through kind-financing and forward-selling.
Managerial Decisions and the Weighted Average Cost of Capital
Authors: Wong Matthew
Published: February 2023

This paper explores the relationship between the weighted average cost of capital (WACC) of a company and its marginal cost of capital. We adopt the classic economic theory of production to shed light into the conditions upon which WACC can be safely treated as the marginal cost of a company. Any violations of these conditions will lead a company to reach suboptimal capital budgeting decisions.
NASDAQ Sector Returns and Market Conditions
Authors: Patel Jayen
Published: February 2023

This study compares stock returns for NASDAQ sector indices over varying market conditions. The results reveal that, during relatively shorter periods of time, some sectors have generated statistically significantly greater mean monthly returns than those of other sectors. However, for the overall recent ten-year period 1998 through 2007, there were no statistically significant differences between any two NASDAQ sectors. These results therefore indicate that individual long-term investors should not re-allocate funds among sectors based on varying short-term market conditions.
Mutual Funds with Hedge Fund Characteristics: Diversification Benefits and Costs
Authors: Fry Phil , Harvey Keith , Maher Matt , White Harry
Published: February 2023

Hedge funds claim higher returns with lower risk and low correlation with the U.S. stock market, albeit at a higher cost than alternative investments. This paper examines the corresponding properties of mutual funds that employ hedge fund type strategies. Results show that mutual funds in the Morningstar long-short category, compared to a matched mutual fund samples, have slightly lower total returns but higher risk-adjusted performance measures based on lower risk statistics. Lower beta and R2 for the long-short funds highlight their main benefit as a portfolio diversifier. Expense ratio and turnover costs are higher for long-short funds.
Capital Budgeting in Nepal and the US
Authors: Lin Jason , Pradhan Susan , Fellows Paul
Published: February 2023

Capital budgeting is one of the most significant topics in corporate finance. Companies use capital budgeting to make investment decisions that add to the firm’s value. It is important that they make the right investments to define strategic direction and sustain both product market and capital market flexibility. Hence it is imperative that they use the right capital budgeting technique (“CBT”). CBTs have evolved over time and most companies in the US now use techniques that coincide with the recommendations of the literature, mainly discounted cash flow techniques (“DCF”). Although DCF techniques might be considered the preferred approach in principle, we will see that it is not always so in practice. In this article we study CBTs used in Nepal and find that they differ from the preferred approaches.
Yen Carry Trade and Interest Rate Parity
Authors: Jeong Jin-Gil
Published: February 2023

The “yen carry trade,” borrowing in yen and investing in high yield currency prompted by the low Japanese interest rate, has been prevalent for the last ten years or so. We find that the outcome of the 3-month uncovered “yen carry trade”, beginning March 1st of each year, tends to be positive for the last ten years. However, the results show that the source of returns on the “yen carry trade” in recent years is not interest rate differentials, but rather, the depreciation in the value of the yen. Interestingly, we find that the Korean won is the most attractive investing currency because returns are consistently positive except for one year, and large enough to exceed typical transaction cost.
Real Estate Index Funds: Characteristics and Performance Evaluation
Authors: Chang C. Edward , Nelson Walt
Published: February 2023

This paper examines operating characteristics, risk and performance measures of all available vehicles for index investing in U.S. real estate funds during the ten-year period from April, 1999, to March, 2009. The authors of this study find real estate index mutual funds and exchange-traded funds exhibit lower Expense Ratios, lower Turnover Rates, and mostly lower Tax Cost Ratios than category averages. As newcomers, real estate exchange-traded funds have had a good start, with the lowest Expense Ratios, lowest Turnover Rates, and lowest Tax Cost Ratios. Vanguard’s four index mutual funds over the past ten years have outperformed their counterpart category averages with higher Returns, higher Risks, and higher Risk-Adjusted Returns. On the contrary, Wells’ four index mutual funds over the past ten years have underperformed their counterpart category averages with lower Returns, higher Risks, and mostly lower Risk-Adjusted Returns. Four ETFs with at least three-year track record, however, have collectively underperformed index mutual funds over the past five with lower Returns, mostly higher Risks, and mostly lower Risk-Adjusted Returns. Nonetheless, Vanguard’s ETF has been able to mostly outperform Vanguard’s index mutual funds with higher Returns, lower (or same) Risks, and higher (or same) Risk-Adjusted Returns since its inception.
Changes in Both Dividends Per Share and Important Characteristics of Dividend Paying Firms Over Time
Authors: Havranek Susan , Consler John , Lepak Greg
Published: February 2023

The market break of 2000 appears to have changed how companies perceive dividends. This study shows dividends appear to be more important during the post-2000 period. While some financial variables had significant relationships with dividends per share (DPS) over both pre-2000 and post-2000 periods, others such as current ratio, beta risk measure, and net profit had significant relationships with DPS in only one period. This knowledge may help investors improve decisions regarding dividend-paying firms.
Credit Risk Determinants of Commercial Bank: A Look From Texas Commercial Banking Industry
Authors: Samad Abdus
Published: February 2023

This paper examines and estimates the credit risk of commercial banks from Texas banking industry and finds that dominants factors influencing the credit risk of commercial banks are (i) bank’s expectation towards higher ROA and ROE (ii) larger ratio of long term loans in bank assets portfolio, LTERMTA and (iii) bank size, LNTA. Regulatory capital requirement, REGCP, Real estate loans as a percentage of total loans (RESLL) and total assets (REALTA) are not significant factors. The paper suggests some policy prescription to improve the credit risk management of commercial banks.
How is the High-Tech Bubble Affecting Company Performance?
Authors: Chiao Cheng-Huei , Kao Robert , Russell Michael
Published: February 2023

This study analyzes key financial ratios’ variations and helps us understand company financial performance on both high-tech and non-high-tech companies before and after the impact of the high-tech bubble. The composite index of the ranked profitability, assets utilization, liquidity, debt utilization, price to earnings, and market to book value are generated by company level first. The price ratios of high-tech and non-high tech companies are evaluated by a non-linear regression method for the periods before and after the bubble. The outcomes of various ratios are tested by statistical significance for each industry in these time periods. The results show that the high-tech companies have reached a higher efficiency level and the nonhigh-tech companies have suffered relatively more on profitability level after the high-tech bubble. A significantly lowered return on equity indicates that the high-tech companies have reduced their product unit cost and profit margins. As for the effect of the size of the company, the large high-tech companies have weakened the profit gaining power, but the small high-tech companies have remained profitable after the effect.
Exchange Traded Funds as a Vehicle for Implementing End-of-Month Trading Strategies
Authors: Rayhorn Charles , Janson Kenneth , Drosen James
Published: February 2023

An Exchange Traded Fund (ETF) is a retail investment product which is designed to mirror the returns of a basket of assets, typically the stocks which comprise a particular market index. ETFs provide an efficient mechanism for individuals to enter investment positions in a broad market or industry sector index. End-of-Month (EOM) trading involves the timed switching from cash to market exposure and then back to cash, in an attempt to capture higher returns than is available to a buy-and-hold alternative. The effectiveness of EOM has been demonstrated in a number of studies, but transaction costs and, very importantly, regulatory restrictions have been implementation impediments faced by individual investors. In this sturdy, ETFs are examined for implementation efficiency for individual retirement account investors who wish to employ an EOM trading strategy.
Forecasting Future Sales of Manufacturing Firms
Authors: Espahbodi Reza , Espahbodi Pouran , Espahbodi Hassan
Published: February 2023

This paper develops a model to forecast sales for manufacturing firms one year in advance. The methodology utilized is regression analysis. The regression model includes firm-specific variables as well industry and economic-wide factors that affect future sales and explains a considerable percentage of the variation in future sales. We find that consumer confidence index; property, plant & equipment; and advertising and research & development cost in excess of the industry average are positively related to future sales while discount rate is negatively related with sales. The model may be used by management and others (such as investors and creditors) to forecast sales one year ahead. It is not however intended to replace the users’ judgment; rather, the model is intended to add an objective dimension to the process of forecasting sales.
DEVELOPMENT POTENTIAL OF SMALL AND MEDIUM-SIZED ENTERPRISES BY IMPROVING THE COMPETENCIES OF ENTREPRENEURIAL LEADERSHIP
Authors:   Faculty of Management, Sremski Karlovci, University UNION Nikola Tesla, Belgrade, Somborac Borko , Penjišević Aleksandra ,   Faculty of Management, Sremski Karlovci, University UNION Nikola Tesla, Belgrade, Pavlović Aleksandar ,   Faculty of Management, Sremski Karlovci, University UNION Nikola Tesla, Belgrade, Miletić Miloš
Published: February 2023

Based on the review of previous research procedures, can be seen that entrepreneurial leadership represents a complementary aspect of leadership and entrepreneurship, and as such constitutes one of the main factors in the development of small and medium-sized enterprises. In order to connect leadership and entrepreneurship more closely, a comprehensive review of the relevant literature on entrepreneurial leadership, classified through the periods in which it was defined, will be carried out. Through an in-depth perspective, models of leadership evolution through the aspect of entrepreneurship with clear practical implications will be presented. This type of analysis will create a new framework for the development of key competencies that surround entrepreneurial leadership and, on whose influence, organizational growth and development directly depends. This set of competencies is especially important, due to the circumstances that arose after the COVID-19 pandemic, and this means finding a leadership model that will enable organizations to absorb the negative effects of business in the macro environment and lead in the direction of optimal market sustainability. Also, by expanding existing theoretical knowledge about leadership and entrepreneurship, authors strive to provide a new perspective on modern management in turbulent times.