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The Effectiveness of Company’s Financial Analysis and Supply Chain Policy in Predicting the Future Prices of Stocks Ahmed Rahi Abed; Ahmed Mahdi Hadi; Ahmed Kadhim Sendw
International Journal of Supply Chain Management Vol 8, No 5 (2019): International Journal of Supply Chain Management (IJSCM)
Publisher : International Journal of Supply Chain Management

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Abstract

The core idea behind this research is to examine the significance of financial ratios taken from the financial reports or statements to forecast trend in stock price. For this purpose financial ratios have been taken to forecast stock returns from 2008 to 2018. Thus to predict the future price of stock four financial ratios have been taken, “price to book ratio (P/B), price to earnings ratio (P/E), dividend per share (DPS) and firm sizes”. This research comprises on panel data with fix and random effect model for analysis that is a very effective and comprehensive predictive regression method for forecasting the stock returns. This study reveals results which show that the financial ratios are the most efficient tool for predicting stock returns. Among the four taken ratios in this research the firm size has proven to be more accurate prediction power as compare to dividend per share as well as price to book ratio. Nevertheless, the relationship between price to earnings ratio and stock returns has not been proven to be significant. Thus the study has proven that financial ratios are reliable tool to predict stock price while making investment decisions.
Tax Reduction for the Entry of Taxpayers By the Supply Chain Strategies Hassan Salim Mohsin; Suad Jawad Kadhim; Ahmed Kadhim Sendw
International Journal of Supply Chain Management Vol 8, No 5 (2019): International Journal of Supply Chain Management (IJSCM)
Publisher : International Journal of Supply Chain Management

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

The research stems from a problem of prevalence of tax evasion phenomenon from taxpayers and its negative and serious impacts resulting therefrom. The results of such negative and serious impacts are represented in a decrease tax revenue proceeds and the damages to the public treasury of the state, as well as the occurrence of evader taxpayers under the law and take the penalties and legal sanctions against them by the tax authority. For the purposes of this research, tax exemption can be perceived as those exemptions granted on the incomes of natural and moral taxpayers.  These are determined by a general or private legislative text for the purpose of achieving tax justice, by taking into account the circumstances of the personal, family and family taxpayer, and to prevent double taxation. Such cases may be Temporary, or permanent, or partial exemption for the purpose of achieving the economic, political and social objectives sought by the state.  The research aims to highlight the tax exemptions granted to the taxpayers in accordance with the amended Income Tax Law No. (113) for the year 1982 and the applied legislations and laws, show their suitability to basic tax rules, and identify the role of tax exemptions to reduce the tax evasion phenomenon, and thus increase tax revenues. The present study used case study method to prove and establish the result and finding supported by the financial numbers and previous research literature.  The paper is concluded by offering some recommendations to the policy makers and other important stakeholders.