Globalization and internationalization has an intense impact on the students’ inclination towards the foreign environment. This research paper focuses on the factors influencing the decision of students to study or work abroad. The factors examined are: level of general knowledge (GK), attraction towards foreign study and work (AT), familiarity with the foreign environment (FM), business informative questions (BA) and repulsive factors that hold him back or create negative image of foreign society (RP). The study is conducted on 201 Saudi male undergraduate students of the Jazan University, Jazan, KSA. The result shows the propensity of students towards the foreign environment. The findings can be generalized to the majority of areas and could be used to create more focused mindset of the students for better prospects.
ORIGINAL RESEARCH ARTICLE | March 8, 2020
The Influence of Earnings Response Coefficient (ERC) and Dividend Payout Ratio (DPR) on Stock Price
This study aims to determine (1) Earnings Response Coefficient, Dividend Payout Ratio, and Stock Price, (2) the effect of Dividend Payout Ratio on Earnings Response Coefficient, and (3) the effect of Earnings Response Coefficient and Dividend Payout Ratio partially and simultaneously on Stock Price in technology sector companies listed in the Nikkei 225 Index. Samples from this study are 57 technology sector companies listed in the Nikkei 225 Index which were selected using the technique sampling saturated (census). The analysis technique used is path analysis. The results showed that: (1) Earnings Response Coefficient, Dividend Payout Ratio, and Stock Price show varying results for each company, (2) Dividend Payout Ratio has a negative effect on Earnings Response Coefficient, and (3) Earnings Response Coefficient and Dividend Payout Ratio partially and simultaneously have a positive effect on Stock Price in technology sector companies listed in the Nikkei 225 Index.
ORIGINAL RESEARCH ARTICLE | March 10, 2020
Seasonality Effect: What Risk Switch Strategy is Profitable for U.S. Stocks?
The general problem of this study was that certain stock market sectors can benefit more than other sectors from seasonality’s (Halloween indicator). It was unclear how seasonality of stock markets impact risk stock strategies while controlling for stock market sectors, when constructing U.S. security portfolios. The purpose of this quantitative, comparative study was to test the influence of a summer and winter effect on the profitability of risk stocks strategies for Standard and Poor’s (S&P) 500 stock portfolios. The research question was: How does seasonality impact the profitability of risk stock strategies while controlling for stock market sectors for U.S. security portfolios? For the analysis a comparison was conducted, while computing the Betas (B), Idiosyncratic Volatility (IV), Capital Asset Price Models (CAPM), annualized returns, and Sharpe ratios for an analysis. A key result of the study was that during the winter months high B and medium B&IV until highB&IV stock selections were the most profitable risk stock strategies and for the summer months low IV, B, IV&B stock selections were most profitable risk stock strategies to trade. The sector selection and the stock selection brought higher returns as reported by other studies, of for example (rStrategy1 = 108.40% annualized return) in this study. Seasonality’s were present in the U.S. stock markets and the investor could capitalize on this effect through a risk stock strategy switch, which is further described in this study and can improve the previous form of investing (i.e., of buying all stocks during winter and changing to Treasury Bill during summer).
ORIGINAL RESEARCH ARTICLE | March 21, 2020
Stock Price Anomalies in Contrast to Stock Performance Predictors – A Comprehensive Study of Cement Industry in Pakistan
This research paper has attempted to gauge the relationship amongst dependent and independent variable of firms in Pakistan. Book Value per Share, Earning per Share, Dividend per Share, Gross Domestic Product and Interest Rate are considered as influence factors on movement of Stock Price. For this research 16 organizations are viewed as, recorded in the Pakistan Stock Exchange amid the day and age 2007 to 2016. This exploration will underline on working influences and money related influences and their impact on the gainfulness of the organizations. To gauge the relationship amongst influence and benefit of firms of Pakistan relapse demonstrate and spellbinding measurements will be utilized. Our outcomes will empower the organizations to discover the huge relationship amongst influence and gainfulness of the firm. This study sought to investigate the impact of Book Value per Share, Earning per Share, Dividend per Share, Gross Domestic Product and Interest Rate on Stock Price movement of Pakistan’s firm. Importantly there is positive relation between independent variable, i.e. Earning per Share, Dividend per Share & Interest Rate and dependent variable that is Stock Price.
ORIGINAL RESEARCH ARTICLE | March 27, 2020
Risk Switch and Momentum Strategy: How Do Optimized Portfolios Perform?
Optimization is a common method to improve the performance of a stock portfolio. However, it was unclear what performance to expect for a risk switch (RS) strategy and a moving average adjusted long only momentum (MA MOM) strategy as a benchmark. The research question was: how does a RS strategy with optimized portfolios perform in comparison to equal weights and to a benchmark for U.S. stocks? In this study, high Betas during winter and low Idiosyncratic Volatility during summer were computed to construct the RS portfolios. The computations required to consider a capital asset price model, Sharpe ratios, Efficient Frontier, F-test next to others. I find in this study that an optimization was only most profitable for a RS strategy, with a percentile range of rRS [0.56; 2.52% per month] during 2009 until 2019, and for Dow Jones Industrial Average stock market data. The findings are relevant for investors and portfolio managers who optimize portfolios and are interested to apply a RS or a MA MOM strategy.
ORIGINAL RESEARCH ARTICLE | March 27, 2020
‘Home Baking’: An Enterprising Area in the Entrepreneurial Arena – A Study
Seshavarthan V, Kusmita Harini T, Saravanan G, Dr. Eugene J
Being the second inhabited country within the world, the Asian country is facing an increasing state. Among the trade that’s developing the welcome and commercial enterprise trade plays an important role in increasing job opportunities. This can be conjointly the trade wherever several area units trained and formed as entrepreneurs thanks to the most important social crisis "unemployment'', it's wise to train additional entrepreneurs. This leads several to face the social challenge of the state by being associate businessperson, help themselves with their own business and making opportunities for others. In recent years, people have become more and more forward on starting up their businesses even in small-scale due to unemployment and various reasons. One of those small-scale, creative and developing such businesses is Home Baking. Home baking Entrepreneurs or Entrepreneurial Home bakers always have numerous possibilities in doing their business. These Entrepreneurs who do home baking have more freedom than most of the commercial bakers since they don’t have limiters that are faced by the commercial bakers. Starting it as a hobby, developing it as a skill and finally making it has asset an Entrepreneurial Home baker’s growth is slow but at the same time, it is very steady and broad in Home baking. This growth process may vary from each Entrepreneurial Home baker. A Home Baker’s role in Entrepreneurship is also an effort in improving entrepreneurship in India thus decreasing unemployment, increasing the opportunities for self-employment and the number of employers. This study helps us to understand the role of Home bakers in Entrepreneurship in detail with various studies such as case study of Home bakers, a comparative study with commercial bakers and snowball study on home baking.
Scholars Middle East Publishers
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