Quantitative Economics and Management Studies
Journal of Quantitative Economics and Management Studies (QEMS) is an international peer-reviewed open-access journal dedicated to interchange for the results of high-quality research in all aspects of economics, management, business, finance, marketing, accounting. The journal publishes state-of-art papers in fundamental theory, experiments, and simulation, as well as applications, with a systematic proposed method, sufficient review on previous works, expanded discussion, and concise conclusion. As our commitment to the advancement of science and technology, the QEMS follows the open access policy that allows the published articles freely available online without any subscription.
Articles
595 Documents
The Effect of Return On Assets, Current Ratio, Debt To Equity Ratio on Income Growth in Automotive Companies Registered in Indonesia Stock Exchange
Euodia Stefani Handiyanti
Quantitative Economics and Management Studies Vol. 1 No. 4 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia
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DOI: 10.35877/454RI.qems209
This study aims to examine and prove the effect of return on assets, current ratio, debt to equity ratio partially or simultaneously on profit growth in automotive companies listed on the Indonesia Stock Exchange. The data source used in this study is secondary data, which takes and quotes from financial reports obtained on the official website of the Indonesia Stock Exchange and financial reports on the official websites of each company. The sample selection used purposive sampling methodand obtained a number of 45 automotive companies. The analysis technique used in this research is the classical assumption test and multiple regression analysis. The data in this study were processed using the SPSS version 25 program. The partial test results (t test) show that the Return on Assets and Debt to Equity Ratio have a significant effect on profit growth in automotive companies listed on the Indonesia Stock Exchange for the period 2014-2018. Meanwhile, the Current Ratio has no significant effect on profit growth in automotive companies listed on the Indonesia Stock Exchange for the 2014-2018 period. Simultaneous test results (Test F) show that the variables return on assets, current ratio, debt to equity ratio together have a significant effect on profit growth in automotive companies listed on the Indonesia Stock Exchange for the period 2014-2018.
The Effect of Dividend Payout Ratio, Net Profit Margin, and Return on Assets on The Growth of Income (Case Study On Coal Mining Sector Companies Registered in Indonesia Stock Exchange Period 2017-2019)
Sigit Prabowo
Quantitative Economics and Management Studies Vol. 1 No. 5 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia
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DOI: 10.35877/454RI.qems210
The purpose of this study was to determine whether there was an influence between DPR, NPM, and ROA on company profit growth. The population used is coal mining companies listed on the Indonesia Stock Exchange, consisting of 17 companies with 3 periods, namely 2017-2019. The sampling technique is done by means of saturated samples or census samples, in which the entire population is used as the sample. The data in this study are secondary data. Data analysis used multiple linear regression using SPSS. Tests were carried out using a significance level of 0.05. The results of the partial DPR research show a regression coefficient of 0.073 (positive) with a sig value (0.999), meaning that it has a positive and insignificant effect on profit growth. The results of the research in partial NPM show a regression coefficient of 447.313 (positive) with a sig value (0.000) which means that it has a significant positive effect on profit growth and the results of the research in partially ROA show a regression coefficient of 340.076 (positive) with a sig value (0.007) which means that it has a significant positive effect. on profit growth.
The Effect of Capital Structure, Profitability Ratio, and Liquidity Ratio on Share Prices (Studies on Manufacturing Companies in Southeast Asia)
Firman Ardiansyah;
Agus Sukoco;
Ani Wulandari
Quantitative Economics and Management Studies Vol. 1 No. 5 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia
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DOI: 10.35877/454RI.qems211
This study aims to analyze the effect of the influence of capital structure, profitability ratio and liquidity ratio on share prices (studies on manufacturing companies in southeast asia) 2017-2019. The sample used was 15 manufacturing companies with purposive sampling method. This research used quantitatif approach. The data collection techniques used are documentation in the form of secondary data and library research. The analysis of this research uses multiple linear regression. The results of this study are the capital structure, liquidity ratio and rentability ratio have a significant positive effect on stock prices simultaneously and partially.
Effect of Profitability, Liquidity, and Dividends Per Share on Share Prices of Construction Companies Listed on The Indonesia Stock Exchange Period 2015 – 2019
Zhammuel Nobel Harjuna
Quantitative Economics and Management Studies Vol. 1 No. 4 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia
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DOI: 10.35877/454RI.qems212
The purpose of this research is to find out if the return of assets, current ratio, and dividends per share affects the Share Price. This research uses a quantitative approach. Sampling is done with purposive sampling techniques and selected as many as 9 companies that can be researched. The data in this study comes from secondary data obtained through IDX. The results of this study can be concluded that there is a significant influence between Return Of Assets, Current Ratio, and Dividends Per Share on the Share Price. In addition, hypothesis testing in this study used Multiple Linear Regression. The result of this study: the partial results show that Return On Assets (X1), Current Ratio (X2), Dividends Per Share (X3) have significant positive effect on the Share Price (Y).
Impact of External Governance Mechanism on the Performance of Listed Banks of Pakistan with the Moderating Role of Government Ownership
Shoaib Ali;
Hafiz Muhammad Naveed
Quantitative Economics and Management Studies Vol. 1 No. 5 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia
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DOI: 10.35877/454RI.qems216
This research aims to examine the external governance process boosts the performance of Pakistan's listed commercial banks by estimating the return on equity (ROE) and earnings per share (EPS). The research involved external governance mechanism with the moderating role of government ownership. The study's sample structure consists of Pakistan Stock Exchange (PSX) listed banks with the existence of government ownership from 2014 to 2018. Data is obtained as well from financial statements, shareholding trends, and the Credit Rating Agency of Pakistan (PACRA). To meet the specific aim of the research and to satisfy the goals of the analysis, the panel data methodology (fixed effect and random effect model) has been applied. The findings have shown that the external governance system plays an important role in the banking sector's accountability and performance. Government ownership may also improve banking institution efficiency by improving external governance mechanisms. This study will allow commercial banks to overcome the challenges and boost efficiency with the external governance mechanism and devise better working strategies. This study makes it easier for the bankers' rulers to run the external governance system to strengthen bank efficiency. This work is unique because no one defined an external governance system with government ownership as a moderating role.
COVID-19 in Ghana: An Overview of Government Contributions in Fighting this Pandemic
Yeboah Evans;
Rose Gyamea Kyeremeh
Quantitative Economics and Management Studies Vol. 1 No. 6 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia
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DOI: 10.35877/454RI.qems219
Coronavirus outbreak has brought significant negative impacts on developed and developing economies with Ghana, not an exemption. This pandemic has slow down economic activities across the globe through unplanned budget expenditures by various government. There is an increasing pressure on many governments to directed tremendous capital resource to stop the outbreak. The perspective of this paper is to provide, update, and inform concerning Covid-19 situation in Ghana, and also look at government expenditure on this pandemic and economic impact. This study employed the quantitative method which promotes the analysis of secondary sources of data. The study captured some of economic and livelihood programme implemented by the government of Ghana to support the most vulnerable persons. With Ghana currently having low active Covid-19 confirmed cases proves that the government has done well to control the spread of the virus.
Comparative risk analysis by VaR: an empirical application to ethical market indices
Abdelkader Derbali;
Hany A Saleh
Quantitative Economics and Management Studies Vol. 1 No. 6 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia
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DOI: 10.35877/454RI.qems220
In recent years, companies' actions towards factors of production have multiplied. The human dimension is increasingly present in decisions and companies feel socially responsible. The sustainability of companies necessarily requires limiting the negative environmental effects because of these production activities. Ethical finance in general, whether Islamic or not, is a growing demand on the part of consumers and states. The aim of this paper is to assess the risk of two ethically responsible indices such as S&P500 Shariah index and S&P500 Environment and Socially Responsible index. In this paper, we will conduct a comparative study of market risk on two ethically responsible indices: the Islamic Index of the Shariah (S&P500 Shariah index) and the S&P500 Environment and Socially Responsible index during the period from 30/09/2010 to 21/09/2018. The evolution of the market will be represented by the general index of the S&P500. To do this, we use different approaches to value at risk such as VaR parametric approach, VaR non-parametric approach and the Theory of Extreme Values approach. Our results show that, on the one hand, the S&P500 Environment and Socially Responsible index is less risky than the S&P500 Shariah index and the S&P500 index. On the other hand, the S&P500 Shariah index is at low risk when yields are extreme. We conclude that the S&P500 Environment and Socially Responsible index is less risky than the Shariah S&P500 Index when you consider that yields are moving under normal market conditions.
FDI, Trade and Economic Development in Pakistan
Muhammad Afzal;
Shoaib Ahmad
Quantitative Economics and Management Studies Vol. 1 No. 6 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia
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DOI: 10.35877/454RI.qems222
This paper examined the relationship between FDI, imports, exports, terms of trade and investment in Pakistan for the period 1990-2015. Results show that an increase in all these factors will contribute significantly to FDI flows that may help the Pakistan’s economy. FDI has negative and significant impact on GDP. Exports have an insignificant effect that may imply that historically economy had led exports more than the exports led the economy. More important fact is that world economic conditions play a crucial role in the macroeconomic performance. When these conditions are favorable, not only the economy but also the trade grow. Though global financial crisis did not seriously affect Pakistan’s economy, Pakistan faced multifaceted challenges on external and internal fronts notably fight against extremism, energy crisis and uncertain external inflows. There is a need to pay more attention to domestic situation than to look abroad for financial assistance since FDI is not an unmixed blessing.
Determinants of Bank Liquidity in Nepal
Raghu Bir Bista;
Priyanka Basnet
Quantitative Economics and Management Studies Vol. 1 No. 6 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia
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DOI: 10.35877/454RI.qems223
This paper examines determinants of bank liquidity of the commercial bank in Nepal based on 12 years long time series data base from 2004 to 2015, employing the econometric model. As a result, the bank liquidity of the commercial bank has fluctuation and instable trend line indicating the risk of liquidity crunch. Similarly, deposit, capital adequacy, remittance and bank size are determinants of bank liquidity of the commercial bank out of which deposit is prevalent to increase bank liquidity and capital adequacy is key to decrease it. In long term, capital adequacy, bank size and government expenditure increase bank liquidity of the commercial bank but deposit decreases it. Thus, internal variables influence bank liquidity more than macroeconomic variables. Therefore, the commercial banks should maintain bank liquidity in short period and in long period for achievement of financial health, stability and growth as per mention regulatory provisions and criteria of the monetary policy and the monetary policy should be formulated to maintain short and long term bank liquidity in accordance with IMF standards and guidelines for reducing the potential risk of liquidity crunch as result of the variation of macro-economic variables and of international global trade and oil price and production.
Internet Usage and Economic Growth: The Case of Mexico
Yu Hsing;
Yun-Chen Morgan;
Antoinette S. Phillips;
Carl Phillips
Quantitative Economics and Management Studies Vol. 1 No. 6 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia
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DOI: 10.35877/454RI.qems224
This paper finds that more internet users as a percentage of total population promote economic growth in Mexico and that the impact exhibited a nonlinear relation and was greater in the initial stage of Internet adoption. In addition, less government budget deficit as a percent of GDP, a higher real stock price, real peso appreciation, a higher real crude oil price or a lower expected inflation rate would enhance economic growth.