• 제목/요약/키워드: Return Ratio

검색결과 575건 처리시간 0.023초

Effect of Liquidity, Profitability, Leverage, and Firm Size on Dividend Policy

  • PATTIRUHU, Jozef R.;PAAIS, Maartje
    • The Journal of Asian Finance, Economics and Business
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    • 제7권10호
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    • pp.35-42
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    • 2020
  • This study aims to investigate the relationship between the variables of Current Ratio (CR), Return-on-Equity (ROE), Return-on-Assets (ROA), Debt-to-Equity Ratio (DER), and Firm Size (FS) on Dividend Policy (DP) in real estate and property companies listed on the Indonesia Stock Exchange in the period 2016-2019, looking at nine real estate companies in Indonesia. The research methodology uses an explanatory analysis approach and linear regression. Based on the eligibility and homogeneity of the data, the number of sample companies selected was nine companies. The company's financial statement data derived from primary data obtained on the Indonesia Stock Exchange, such as current ratio (CR), return-on-equity (ROE), return-on-assets (ROA), debt-to-equity ratio (DER) and firm size and dividend policy variables. The data analysis procedure is first to transform financial data from the original ratio data into interval data and, then, transform it to ordinal data. Furthermore, the validity and reliability process are ignored because the data is primary. Finally, regression testing is part of the hypothesis testing stage. The results of this study showed that the CR, ROE, and firm size had no positive and significant effect on dividend policy. In contrast, DER and ROA have a positive and significant impact on dividend policy.

Impact of working capital management on profitability ratios: evidence from Iran

  • Baygi, Seyed Javad Habibzadeh;Javadi, Parisa;Moghaddam, Ali Taghavi;Ghasemipur, Omid
    • 융합경영연구
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    • 제2권1호
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    • pp.18-28
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    • 2014
  • In this research we investigate the effect return on assets, return on equity, profit margin and earnings per share on working capital management. Current ratio and quick ratio used as proxies for working capital management. The research sample includes 451 year -firm of Tehran Stock Exchange (TSE) listed companies for period 2007-10. The multiple linear regressions were applied to test the research hypotheses. The results showed that, return on assets and earnings per share have a negative impact on working capital management. The results also show that earnings per share and profit margin positively associated with the firm performance.

귀농자와 예비자의 정주여건 인식 비교 연구 (Return Farmer and Expectant Return Farmer of Rural House Residential Satisfaction Comparative Study)

  • 이창우
    • 한국농촌건축학회논문집
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    • 제18권2호
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    • pp.39-46
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    • 2016
  • The purpose of this study was to analyze the preferences for the physical features of return farmer housing. Housing problems of rural areas is one of the important factors that determine the quality of life in rural areas. Through these return farmer housing as it wants to improve the living environment of rural areas. The purpose of this study aims to find the required characteristics of the return farmer for rural activation. The survey was conducted to target the return farmer households living in housing and expectant return farmer living in the rural. The results of this study were as follows. First, expectant return farmer than return farmer are more importance to house outside(environmental) factors. Showed that environmental conditions are more important than housing conditions, expectant return farmer of residential satisfaction. Second, return farmer prefer ratio was higher House prices and sizes, expectant return farmer among the external factors such as environmental conditions is the distance to the workplace were very important. The results of this study can be a basis for effective strategies for future rural activation. More sustainable in the future, including the analysis of various parameters in progress by being linked to policy measures that will be provided. This study aims to be the foundation of sustainable housing policies for return farmer households.

ROE 분해구조의 특성을 이용한 재무투자지표의 고찰 및 적용방안 (Review and Application Strategies for Finance and Investment Metrics Using Breakdown Properties of Return On Equity(ROE))

  • 최성운
    • 대한안전경영과학회:학술대회논문집
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    • 대한안전경영과학회 2013년 춘계학술대회
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    • pp.687-692
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    • 2013
  • In this paper, we provide application strategies of representative finance and investment metrics using breakdown properties of Return On Equity(ROE). The research discusses the relationship of ROE for finance and investment metrics such as Return On Asset(ROA), Return On Invested Capital(ROIC), Price Book Ratio(PBR), and Price Earning Ratio(PER). Furthermore, we provide three different perspectives of its purpose and utility of Residual Income(RI) Models, Market Value(MV) Models and Enterprise Value(EV) Models.

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Effects of Upstream Bit Rate on a Wavelength-Remodulated WDM-PON Based on Manchester or Inverse-Return-to-Zero Coding

  • Chung, Hwan-Seok;Kim, Bong-Kyu;Kim, Kwang-Joon
    • ETRI Journal
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    • 제30권2호
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    • pp.255-260
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    • 2008
  • We compare the performance of a wavelength remodulated wavelength-division-multiplexed passive optical network implemented using Manchester-coded or inverse-return-to-zero (IRZ)-coded signal downstream and non-return-to-zero remodulated signal upstream. We investigate the effects of varying differences between downstream and upstream bit rates on the two coding schemes. When the bit rate ratio of upstream to downstream is less than or equal to 50%, the performance of Manchester coding is better than that of IRZ coding. However, when the bit rate ratio of upstream to downstream is higher than 50%, Manchester code requires appropriate time delay between upstream and downstream signals, whereas IRZ code needs reduced extinction ratio in the downstream signal.

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마이크로파 실내 배전용 저반사형 전력 분배 스위치 (Low Loss Power Dividing Switch for Indoor Microwave Power Distribution)

  • 최영규
    • 전기학회논문지
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    • 제62권1호
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    • pp.90-94
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    • 2013
  • A low loss power dividing switch in a indoor microwave power distribution system is proposed and designed with a various power dividing ratio. Switching characteristics are analyzed by use of the S-parameter of the switch. Newly proposed switch showed a very low return loss less than -30dB at the operating frequency of 2.45GHz. Three kinds of the switch in which we take out individually 1/2, 1/3 and 1/4 of the input power were fabricated, and measured the delivered, transmitted, and return loss power ratio. Simulated results showed that the lower power ratio is, the better accurate operating performance shows. This switch can switch the input power from 4.5% to 58% with the variance of 5% output power. The experimental results are in good agreement with the simulation within the return loss of 1%.

Risk and Return of Islamic and Conventional Indices on the Indonesia Stock Exchange

  • SURYADI, Suryadi;ENDRI, Endri;YASID, Mukhamad
    • The Journal of Asian Finance, Economics and Business
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    • 제8권3호
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    • pp.23-30
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    • 2021
  • The purpose of this study is to compare the level of risk and return of Islamic stocks in the Jakarta Islamic Index (JII) with conventional stocks on the IDX30 in the period from January 2017 to July 2019. The Sharpe ratio method is used to calculate risk and stock returns. The performance of the stock portfolio is measured by comparing the risk premium portfolio with the portfolio risk that is expressed as a standard deviation of the total risk. This study uses secondary data collected by the Indonesia Stock Exchange (IDX), which provides the names of stock issuers included in the JII and IDX30 indices along with their montly closing price. The results of the descriptive analysis show that the JII Sharpe ratio index from January 2017 to July 2019 is from the minimum range of -0.28820 to a maximum range of 0.05622, while the IDX30 Sharpe ratio index from January 2017 to July 2019 is from the minimum range of -0.09290 to the maximum range of 0.17436. The results of inferential analysis using a different test show that there is a significant difference between the Sharpe ratio JII and IDX30 in measuring the performance of the stock portfolio.

계단상 리더에 의해서 방사된 귀환뇌격 직전의 전장과 자장 파형의 특성 (Characteristics of the Electromagnetic Fields Radiated from Stepped Leaders Just Prior to Lightning Return Strokes)

  • 이복희;이동문;정동철;장근철;이승칠;정광희
    • 대한전기학회논문지:전기물성ㆍ응용부문C
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    • 제52권1호
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    • pp.35-41
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    • 2003
  • In this paper statistics on the radiation field waveforms produced by stepped leaders just prior to lightning return strokes were described. As a parameter of stepped leader pulse characteristics, the time interval between the final leader pulse and return stroke peak, the pause time between stepped leaders, the ratio of the final leader peak to the return stroke peak and the stepped leader pulse width at half maximum were examined. The average time intervals between the final leader pulse and return stroke peak were about 16.2 and 14.8$mutextrm{s}$ for the positive and negative polarities, respectively. When the stepped leader approaches closely to ground, the time interval between leader steps was decreased and the mean value was about 17$mutextrm{s}$, and the present results were in reasonable agreement with the data observed in Florida and Japan. The large fraction of the ratios of the final stepped leader pulse to the lightning return stroke peak were distributed over the range from 5 to 35% and in average the ratio of the final leader pulse to the return stroke peak was 17.4$\pm$11.9% for the positive and 18.5$\pm$9.4% for the negative electric field waveforms. In addition, the mean pulse widths at half maximum of the stepped leaders are 1.4Us with a standard deviation of 0.9 for the positive Polarity and 2.2us with a standard deviation of 1.2 for the negative polarity, respectively.

국민연금에 대한 수익분석 : 국민연금급여는 과연 보험료에 대한 공평한 수익인가? (Money's Worth Analysis of National Pension : Are Returns on National Pension' Contributions Fair?)

  • 권문일
    • 한국사회복지학
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    • 제41권
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    • pp.43-67
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    • 2000
  • The main source in financing the National Pension benefits is the contribution raised from the insured's earnings. So, Most of the insured take a great interest in the questions of what return on the payment of contribution National Pension benefits provide and whether there be the difference in return according to earnings level. The Purpose of this study is to assess money's worth of National Pension and to answer the above questions. There are two basic types of money worth analysis, empirical and hopothetical. This study basically belongs to the former in terms that it is based on actual earnings and insured term. For performing money's worth analysis, four different measures which are referred as the "break-even period", the "benefit/tax ratio", the "net lifetime transfer", the "internal rate of return" are used and they all involve the way in which the relationship between the present value of contributions and the present values of benefit is present. The results which evaluate average money's worth of accrued rights before 1999 are le as follows. Break-even period is about 43 months, benefit/tax ratio being 4.9, net lifetime transfers being about 37 mil1ion won, internal rate of return being 33.2%. This verifies that money' worth of National Pension is much higher than actuarially fair. In the mean while, money' worth is proved to be very different according to earnings level. The progressivity relationship between earnings level and rate of return is found in all measures but net lifetime transfer.

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도시형생활주택의 입지별 분양가격 및 수익률 결정요인 (Determination of Urban-Life Housing Price and Return Ratio by Location)

  • 박진아;우철민;백민석;심교언
    • 한국콘텐츠학회논문지
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    • 제12권11호
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    • pp.469-481
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    • 2012
  • 부동산 경기의 하락과 소형가구가 증가함에 따라 소형주택에 대한 수요가 증가하고 있다. 특히 도시형생활주택은 소형가구의 생활패턴에 맞는 주택형태와 지리적 위치에 입지하고 있기 때문에 수요가 증가하고 있으며, 높은 수익률을 앞세워 투자 부동산으로 홍보 되면서 많은 투자자들이 분양을 받고 있다. 반면, 도시형생활주택의 분양가격과 수익률을 고려한 실증연구는 전무한 실정이다. 따라서 본 연구는 서울의 도시형생활주택을 조사하여 분양가격과 수익률에 대하여 실증분석 하였다. 이를 통하여 공급주체 및 투자주체들에게 다양한 가이드라인과 시사점을 제시하고자 하였다. 본 연구에서는 서울의 50세대 이상의 도시형생활주택 51개 단지를 조사하였으며, 실증분석을 위하여 선형회귀분석과 PLS(Partial Least Square Regression) 분석을 활용하였다. 분석결과, 분양가격 결정요인을 위한 선형회귀분석에서는 주변 주택가격과 역세권 변수가 유의한 것으로 나타났으며, 수익률 분석에서는 주변 주택가격과 역세권, 주변 편의시설이 수익률에 영향을 미치는 것으로 나타났다.