This article studied the factors affecting the time taken for annual report submission through an analysis of 654 non-financial listed companies on the Vietnamese stock market from 2016 to 2020. . The bank-level data were obtained from the IRESS database. () .

To achieve the goal, we apply a deep learning framework model of interbank lending to an electronic trading interbank network for temporal trading relationship prediction. 0022247688888 We ran the panel regression analysis of 19,612 listed firm-year observations in ASEAN countries from 2013 to 2019. The Retirement Confidence Survey of the Employee Benefit Research Institute found that 36% of workers do not have any retirement savings. However, none has accounted for the skewness characteristic of DEA efficiency. This research uses a sample of 23 listed banks in Vietnam to examine the moderating role of corporate governance in the context of an emerging country. The research proved that an alternative option can solely be recommended for developed companies and requires the identification and minimization of risks. This relationship implies that the capital buffer premium does not only serve as cushion capital against financial, market and economic shocks but also improves the banks efficiency by influencing the banks decisions and perspective on cost containment strategies. Evidence from ASEAN Countries, Inward FDI, IFRS Adoption and Institutional Quality: Insights from the MENA Countries, Islamic Finance Performance during Pandemic and Future Agenda, Dynamic Factor Rotation Strategy: A Business Cycle Approach, Retirement Preparedness of Generation X Compared to Other Cohorts in the United States, ICT as a Key Determinant of Efficiency: A Bootstrap-Censored Quantile Regression (BCQR) Analysis for Vietnamese Banks, Determinants of Time for Publication Annual Reports: Empirical Evidence from Non-Financial Listed Companies in Vietnam, Innovation Capabilities in the Banking Sector Post-COVID-19 Period: The Moderating Role of Corporate Governance in an Emerging Country, Politically Connected Independent Commissioners and Independent Directors on the Cost of Debt, Corporate Social Responsibility Risk and Firm Performance: A Network Perspective, Exploring Online Payment System Adoption Factors in the Age of COVID-19Evidence from the Turkish Banking Industry, On the Deterministic-Shift Extended CIR Model in a Negative Interest Rate Framework, Topical Advisory Panel Established to Support Editorial Board, Bank Funding and Corporate Financial Policies during COVID-19 and FinTech Period. These results remain robust using lag and time-fixed effect estimation methods. Knowing the trading relationship could also help. You are accessing a machine-readable page. This paper applied a bootstrap-censored quantile regression (BCQR) approach to triply account for the issues of a small sample (via bootstrap), bounded intervals (via censored regression), and skewness (via quantile regression) in DEA analysis. ( ) ( ) (( )) who . The estimated results of wavelet coherence suggest that the correlation between BTC and EPU is positive during a short-term investment horizon. This study also tests the effects of environmental uncertainty on cost stickiness under different managerial ability levels. We also examined the impacts of other factors such as bank ownership, credit risk, and bank size on efficiency. All articles published by MDPI are made immediately available worldwide under an open access license. : . 19 . .

This act has ramifications for executive pay as well. The findings revealed that capital buffer premiums significantly affect the operating and investment efficiency of African banks positively. . In this paper, we forecast the high-frequency 1 min volatility of four widely traded cryptocurrencies, i.e., Bitcoin, Ethereum, Litecoin. The SarbanesOxley Act of 2002 (SOX) imposed stringent requirements on corporate executives to hold them more accountable for their management decisions. The efficiency scores derived from our first stage revealed that they are skewed and thus, justify the use of the BCQR in the second stage. The SarbanesOxley Act of 2002 (SOX) imposed stringent requirements on corporate executives to hold them more accountable for their management decisions. Data collected were processed by using fixed-effect models (FEM), random effect models (REM), adjusted REM, and general least square (GLS) to ensure the validity of research results. The adoption of International Financial Reporting Standards (IFRS) by 166 countries since 2004 has been a major achievement in the international standardization of accounting regulations. Asymmetry of business development in the context of a replication model of its integration enables the achievement of high results while minimizing financial resources. Lehman Brothers failure in 2008 demonstrated the importance of understanding interconnectedness in interbank networks. We use cookies on our website to ensure you get the best experience. This paper assesses the relationship between corporate governance practices and the performance of pension funds in Ghana, which is an emerging market. The results obtained from the adjusted-REM and GLS regression showed that retained earnings, firm age, and firm size have positive effects on time for disclosure annual reports, whereas earnings before interest and tax and audit firm type have negative effects. Please note that many of the page functionalities won't work as expected without javascript enabled. The research methodology suggests that each enterprise has its own development genome, which makes it possible to apply the replication of its directions based on a justified financing system of such an integration. Previous studies often employ data envelopment analysis (DEA) to first examine bank performance and then use a second-stage regression to explain the influences of other environmental factors, including ICT, on such efficiency. More able managers are more willing to take risks and manage resources efficiently to deal with uncertainty.

In times of crisis, cash and liquidity play an essential role. Another key finding is the positive influence the liquidity coverage ratio has on banks operational efficiency. I found that historical performance of individual equity factors greatly differed across economic regimes, and this heterogeneity can be exploited to build dynamic factor rotation strategies by shifting exposures toward effective factors according to the different regimes. Innovation is. Previous cost stickiness research assumes that managers exhibit similar abilities to manage resources. The Feature Paper can be either an original research article, a substantial novel research study that often involves Hence, the demand for retirement planning is anticipated to increase over the next decade. interesting to authors, or important in this field. . To allow for a fast calibration to the market swaption surface, we apply the GramCharlier expansion to calculate the swaption prices in our model. The implication of this relationship may simply mean that African banks with well-performing liquidity ratios are efficient in their operations with the ability to meet their short-term obligations such as meeting customers credit needs, unannounced depositors withdrawals and creditors repayments, amongst others.

Therefore, future lending relationship prediction is important to understand the dynamic evolution of interbank networks. . In addition, the results showed that working capital, capital structure, feature of consolidated reports, and bankruptcy risk have no significant effects on time to publish annual reports. The results showed that corporate governance practices such as upholding the rights of shareholders to know the capital structure of the pension funds, equitable treatment of all shareholders, effective internal controls, and timely supervisory functions of audit committees influence the performance of pensions funds. The sample is all companies listed on the Indonesia Stock Exchange for the 20102017 period, totaling 327 companies with a total data value of 1722. 3000 . ( ) . According to the U.S. Census records, 40% of the population is aged between 35 and 64. (( )) . Since then, cryptocurrency prices have experienced high fluctuations. Understanding how the banking system can improve their innovation capabilities is an unsolved question, especially in an emerging economy. . The results indicate that knowledge management and business strategy significantly impact innovation capabilities while capital budgeting has no effect. We propose various generalized autoregressive conditional heteroscedasticity (GARCH) family models, including an sGARCH(1,1), GJR-GARCH(1,1), TGARCH(1,1), EGARCH(1,1), which we compare to a multivariate DCC-GARCH(1,1) model to forecast the intraday price volatility. () . We examine (1) how companies behave in economic downturns regarding their working capital components and (2) whether firms. The COVID-19 pandemic is damaging economies across the world, including financial markets and institutions in all possible dimensions. We evaluate the results under the MSE and MAE loss functions. Less able managers tend to retain resources when sales decline. . The BCQR results further confirmed that ICT developments could enhance bank efficiency, which supports the recent policy to restructure the Vietnamese banking sector toward innovation and digitalization. . This paper assesses the relationship between corporate governance practices and the performance of pension funds in Ghana, which is an emerging market. In this paper, we forecast the high-frequency 1 min volatility of four widely traded cryptocurrencies, i.e., Bitcoin, Ethereum, Litecoin, and Ripple, by modeling volatility to select the best model. those of the individual authors and contributors and not of the publisher and the editor(s). MDPI stays neutral with regard to jurisdictional claims in published maps and institutional affiliations. This study investigates the lessening effects of SOX on the association between executive compensation and cost of equity capital. As a result, we compare the different forecasting models to the chosen benchmarking model to confirm the improvement trends for the models predictions. Over the past years, cryptocurrencies have drawn substantial attention from the media while attracting many investors. Finally, the frequency domain Breitung and Candelon causality test is applied, and results show the evidence of insignificant causality between Bitcoin and EPU. Less able managers cannot manage resources efficiently and are more likely to retain resources than make costly adjustments. Innovation is considered an important factor in organizational effectiveness and competitive advantage post-COVID-19. The analyses were conducted with descriptive statistics and generalized linear mixed-effects modeling. This paper analyzes the working capital measures over the course of a business cycle.

The findings indicate that days sales outstanding and shorter days inventory held are related to better financial performance while days payable outstanding had no observable effect. Statistical analyses demonstrate that the univariate GJR-GARCH model (1,1) shows a superior predictive accuracy at all horizons, followed closely by the TGARCH(1,1), which are the best models for modeling the volatility process on out-of-sample data and have more accurately indicated the asymmetric incidence of shocks in the cryptocurrency market. However, many economists and policymakers are concerned that a substantial number of American households are not well prepared for retirement. Since then, cryptocurrency prices have experienced high fluctuations.

In addition, we introduce a comparison of the models using the improvement rate (IR) metric for comparing models. These findings suggest that African banks are largely efficient and can survive any possible financial or economic crisis. Papers are submitted upon individual invitation or recommendation by the scientific editors and undergo peer review We. Generally, CSR risks are more detrimental to firms than beneficial. Subscribe to receive issue release notifications and newsletters from MDPI journals, You can make submissions to other journals. progress in the field that systematically reviews the most exciting advances in scientific literature. For banks in particular, the pandemic generates multifaceted crises. Guest Editors: Thanh Ngo, Aviral Kumar Tiwari, Tu Le, Guest Editors: Maurizio La Rocca, Francesco Fasano, Guest Editors: Elisabete Vieira, Mara Teresa da Silva Madaleno, Julio Lobao, Help us to further improve by taking part in this short 5 minute survey, Basel III Capital Regulations and Bank Efficiency: Evidence from Selected African Countries, Lessening Effects of SOX on the Relationship between Executive Compensation Components and Cost of Equity Capital, Working Capital Behavior of Firms during an Economic Downturn: An Analysis of the Financial Crisis Era, A Deep Learning Approach to Dynamic Interbank Network Link Prediction, Financial Econometrics and Machine Learning, Gender Diversity in Leadership: A Bibliometric Analysis and Future Research Directions, Corporate Governance and Performance of Pension Funds in Ghana: A Mixed-Method Study, Cryptocurrencies Intraday High-Frequency Volatility Spillover Effects Using Univariate and Multivariate GARCH Models, Towards Financing System of Integrated Enterprise Development in the Time of COVID-19 Outbreak, Dependence Structure between Bitcoin and Economic Policy Uncertainty: Evidence from TimeFrequency Quantile-Dependence Methods, Does Managerial Ability Lead to Different Cost Stickiness Behavior? We used data from Shanghai and Shenzhen A-share listed firms in China from 2010 to 2019 to conduct a social network analysis and random-effects GLS regression analysis. In addition, ensuring proper board composition, the ethnic and gender diversity of board members affect the success of pension funds in the country. . The statements, opinions and data contained in the journals are solely 2000 ( AFR/RC50/Doc.9/R). The purpose of this study is to justify the replication model of financing the integrated enterprise development. Managerial ability plays an important role in resource-related decision making. 0022241535086 0022236717212 0022236413746. Moreover, it finds constant maturity swap (CMS) rates very close to Bloombergs CMS rates. The present paper draws on the Eclectic Paradigm as the analytical framework to investigate the effects of IFRS adoption on foreign direct investment (FDI) inflows. This article studied the factors affecting the time taken for annual report submission through an analysis of 654 non-financial listed companies on the Vietnamese stock market from 2016 to 2020. () ( ) . This study investigates the lessening effects of SOX on the association between executive. 0022247688888 The. Previous cost stickiness research assumes that managers exhibit similar abilities to manage resources. Managers resource decisions must consider environmental uncertainty to generate optimal returns. The financially constrained firms pushed down their fixed investments ratio more aggressively than average firms while, in contrast, the financially strongest firms pushed down the working capital to asset ratio in comparison to average firms. Enterprises implementing the replication model of integration considerably improve their prospects and increase overall development performance. This study explored how corporate social responsibility (CSR) risk, social networks, and firm performance interacted in light of resource dependence theory and information asymmetry theory to bridge the literature gap between CSR risk and firm performance under the conditions of Chinas network. In particular, Generation X is the cohort that is least prepared for retirement. , : : , . It can be put forward that it is probable that banks that are yet to adopt the Basel III Accord or strengthen their capital and liquidity base, are less efficient and might fail during a global crisis. published in the various research areas of the journal. This statistic means that a substantial percentage of the nations population is in the wealth-formation phase of their life cycle and should be saving towards their retirement. These results indicate the importance of politically connected independent commissioners and independent directors in managing companies, especially in obtaining loans with low interest rates. journal scimago rankings selected journals published where The study also models cohort effects and identifies the key factors affecting retirement preparedness. The adoption of International Financial Reporting Standards (IFRS) by 166 countries since 2004 has been a major achievement in the international standardization of accounting regulations. The regression analyses are based on 11,649 firm-year observations of publicly listed companies in the United States from 1998 to 2014. , : : : . A female presence has been under-represented on companies boards of directors, which affects management decisions and leadership style. Furthermore, financially constrained firms have shorter days sales outstanding than average firms. : 1- : . The research focus was examined in two ways, the first part focused on investigating the impact of the Basel III capital regulations on the operational and investment efficiency of African banks by using the random effects and pooled ordinary least square panel data regression models. Furthermore, the results show that institutional quality plays an important role in attracting FDI. In addition, our results are robust due to the use of the Heckman 2SLS test. The study determines evidence of bidirectional shock transmission effects between the cryptocurrency pairs. Since DEA efficiency scores are bounded between the (0, 1] intervals, Tobit and truncated regressions are commonly used in this stage. The research methodology suggests that each enterprise has its. Data for this study came from two sources: surveys of pension fund managers and annual financial reports of pension funds. This is the first study to investigate how the change in regulatory environment invoked by SOX impacts the association between executive compensation and cost of equity capital. Meanwhile, less able managers tend to retain resources to cope with environmental uncertainty. ( ) We run several numerical tests to demonstrate the strengths of this model by using Monte-Carlo techniques.

wHo ( ) : . In this study, the dependence between Bitcoin (BTC) and economic policy uncertainty (EPU) of USA and China is estimated by applying the latest methodology of quantile cross-spectral dependence. Feature No special The current work suggests some appropriate policy-based recommendations. Turkeys e-commerce market is rapidly expanding, and the country is ranked first in the world in monthly mobile purchases. The findings indicate that FDI inflows are positively associated with IFRS, and countries implementing the accounting standards receive a higher increase in FDI inflows. The development of an enterprise under current conditions requires an integrated approach and an appropriate financing system. The core function of a commercial bank is the provision of credit facilities to its customers and to keep the flow and cycle of economic and financial resources balanced. . This is likely to be worse in developing economies with poor financial market architecture. Banks can only perform these functions if they are well regulated and efficient. Over the past years, cryptocurrencies have drawn substantial attention from the media while attracting many investors. This act has ramifications for executive pay as well. Relative advantage, perceived trust, perceived usefulness, personal innovativeness, perceived integrity, perceived ease of use, health and epidemic effects, income, private sector employment and self-employment all have a positive effect on actual online payment system usage. 2- : . The research model extends the technology acceptance model (TAM) by further examining the impact of 11 factors on attitude, behavioral intention and actual usage. Hierarchical regression analysis and the multiple indicator approach are employed. The strong link between the level of integrated and overall development of companies was acknowledged. Feature Papers represent the most advanced research with significant potential for high impact in the field. paper provides an outlook on future directions of research or possible applications. We focus our analysis on the top 24 cited articles after a wider review of articles published relating to the explored topic (402 articles). However, perceived risk and age have a negative impact on the actual online payment system usage. Furthermore, the DEA results showed that the sampled banks are operationally efficient with an aggregate of 84.8%, and for their investment efficiency, an aggregate of 94.9%. [player id=1355], , : / 6, : / 2, () 2014-2023, , , , / , : , : , , : / 1, : , : , : , : , 2014-2023, . The findings have several implications for policymakers. We used the ordinary least squares regression model (OLS) and the Heckman 2SLS method to solve the endogeneity problem. permission provided that the original article is clearly cited.

( ) . / Therefore, this research can contribute to the development of the literature related to corporate governance and political connections in public companies, so that politically connected independent commissioners and independent directors have an essential role in decision-making in companies. Interestingly, neither the cash conversion cycle, days payable outstanding, nor company performance or fixed investments to asset ratios fully returned to the pre-shock level. Gender diversity in management has become of increased interest to academics and researchers in the last decades since women and men have different personal and psychological characteristics that affect their decision-making process in management actions and leadership. Knowing the trading relationship could also help understand risk contagion among banks. prior to publication. This research focuses on Generation X (4054 years old) and explores this cohorts retirement preparedness relative to their Baby Boomer and Millennial peers. : The result indicates that Generation X is better prepared for retirement than Millennials in safer portfolio allocations, but there is no significant difference in retirement adequacy between Gen Xers and Baby Boomers. However, SOX lessens the association between the cost of equity capital and shareholdings, only for the three non-CEO and non-CFO executives. This study developed an investment framework to implement dynamic factor rotation strategies according to changes in economic conditions. There is evidence that ICT developments can improve bank efficiency and performance. Overall, the findings highlight the diversification benefits of Bitcoin during the period of uncertainty. You seem to have javascript disabled. . In particular, the model produces close Bermudan swaption prices compared to Bloombergs HullWhite one-factor model. The out-of-sample analysis showed that the regime-based dynamic approach outperformed the static benchmark in terms of absolute and risk-adjusted returns after accounting for transaction costs. Hence, this paper aims to examine the impact of capital budgeting, knowledge management, and business strategy on innovation capabilities in the Vietnamese banking sector post-COVID-19. , : , : 1 ( ) , , , . permission is required to reuse all or part of the article published by MDPI, including figures and tables. 0022241535086 This study aims to test cost stickiness behavior under different managerial ability levels. The behavior of non-financially constrained firms, which also perform better, indicates a stronger supply chain orientation than that of average firms. . : Banks can only perform these functions if they are well regulated and efficient. This result could well be interpreted that adopting stricter liquidity requirements creates a liquidity buffer for African banks, giving them cushion confidence to undertake profitable and high-yielding projects, which invariably lead to increased profitability and operational efficiency.

This might indicate that the supply chain-oriented view of working capital management could provide a more favorable and resilient alternative to the prevailing self-orientation. The results suggest a strong influence of these factors on attitude and behavioral intention. The interbank market plays a significant role in facilitating market liquidity and providing short-term funding for each other to smooth liquidity shortages. The conduction of the study is based on 16 textile enterprises. The core function of a commercial bank is the provision of credit facilities to its customers and to keep the flow and cycle of economic and financial resources balanced. The information on the time-varying and timefrequency structure of interdependence is also extracted by applying wavelet coherence analysis. There is evidence that ICT developments can improve bank efficiency and performance. Data collected were processed by using fixed-effect models (FEM), random effect models (REM). Our dataset consists of 2111 stock-listed firms and 10,555 observations spread over the period of five years during the financial crisis era. We empirically examined the efficiency and performance of 27 Vietnamese commercial banks in the 20072019 period. . Data for this study came from two sources: surveys of pension fund managers and annual financial reports of pension funds. In this study, the dependence between Bitcoin (BTC) and economic policy uncertainty (EPU) of USA and China is estimated by applying the latest methodology of quantile cross-spectral dependence. The main focus of this study is to analyse the efficiency of African banks, most importantly after the 2008 global financial crisis when the Basel III regulations were popularly adopted by banks globally. : 2001-2010. , , . The proposed replication model is augmented by regression analysis, which made it possible to carry out scenario forecasting of alternative options for the companys development. Daily data comprising a total of 1947 observations and covering the period of 1 October. I constructed a useful macro indicator that tracked real-time business cycles of the US economy and applied a trend-filtering method to the indicator to identify economic regimes based on the level and momentum change. There are two important components of the model, which are the Graph convolutional network (GCN) and the Long short-term memory (LSTM) model. A female presence has been under-represented. It is relevant for policies and corporate practices to be strengthened to enhance the performance of the firms. More able managers can manage resources efficiently and deal with resource shortages.

, ( ) . The purpose of this study is to determine the factors that influence the adoption of online payments systems among the customers of a Turkish bank during the COVID-19 pandemic.