Vol. 13(1) March 2020
Internal Control, Technological Innovation and Corporate
Performance: An Empirical Analysis from Listed Companies of China's Manufacturing
Industry
Qunlin Fan and Xiaoling Xie
Page No: 1-14
Classic literature puts forward two different mechanisms
of internal control acting on technological innovation, forming "internal control
promotion and "internal control paradox respectively. Through the research of China's
manufacturing industry, we find that although China's internal control can promote
innovation input and performance, the force is weak. Future more, the problems include:
companies with active technological innovation, the internal control has less power
to improve the innovation performance. In most companies at the innovation average
level, the strengthening of internal control has the tendency to restrain innovation
investment.
In a company with negative technological innovation, internal control has not played
a significant role in improving innovation input and innovation performance. With
the China's economic transformation and upgrading, this study is of great significance
to further improve the internal control construction, so as to promote the technological
innovation of real economy and transformation to emerging manufacturing industry.
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How Small Businesses can access Finance in a Modern
Financial System?
Maurice Ayuketang Nso
Page No: 15-17
This work recommends ways small business could access
finance in a modern financial industry by streamlining their operations and activities
to meet the desired risk of financial institutions, de-risking the financial system
by reducing constraints to access finance and fine tuning of state policies to favour
financiers of small businesses operations and growth. On the other hand, financial
intermediaries could improve access to financing and scale their operations by helping
firms understand their real financing needs, helping firms build their capacity
to borrow and take on financing and helping firms reduce the risk and structure
alternative financing arrangements.
Overall, formal small businesses could access finance easily than their informal
counterparts in banks and other financial institutions and an inclusive financial
system could improve greatly small businesses access to finance.
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Liberalization of Business Organisations in Bangladesh
meeting the Development Challenges of the Millennium
Biswas Shyamapada
Page No: 18-24
In competitive free market economy, the ‘business organizations’
play important role for ensuring economic progress and establishing functioning
democratic political order. The objective of this study is to analyse the existing
rules and regulations of business organizations in Bangladesh in light of the international
standard so that suggestions for reformation of the same can be made which are essential
to meet effectively the challenges of the global business market of the new millennium
and ensure sustainable economic development. To achieve this objective, standard
international laws regarding business organizations have been briefly analysed,
and next the existing rules and regulations for the business organizations in Bangladesh
have been analysed and respective reform suggestions made.
For this study secondary sources of data and information have been used. However,
a survey has also been done. For the analysis of the data and information, qualitative
methodology has been used. The study is a unique one because it explains the importance
of reformations of the business organizations in Bangladesh and makes suggestions
for reformations.
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An analytical study on daily, weekly, monthly and
quarterly returns on Indian gold ETFs
Lakshmi Priya M.C.
Page No: 25-35
Gold is a scarce, precious and costly metal. Women are
passionate of jewellery made of gold. It is treated as a financial and a liquid
asset. People who invested in gold decades back made huge money. Storing of gold
is risky, hence paper gold has taken birth in the market. Gold Exchange –traded
Fund (GETF) is a form of paper gold. This is basically an investment fund traded
on stock exchanges similar to shares and stocks.
The research study aims to know what gold ETF schemes are yielding good returns
on daily, weekly, monthly and quarterly basis so as to guide the investor and the
trader and hence they can rotate their fund among different gold ETF schemes offered
by different companies to maximize their wealth.
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Analyzing the impact of monetary policies on macro-economic
variables, especially on real output
Biswas Shyamapada
Page No: 36-43
The objective of the study is to find whether there is
any loophole in the theory about the impact of monetary policies on macro-economic
variables, especially on real output. To achieve this objective, rigorous qualitative
analysis of the secondary literature has been done. The findings of the study show
that the literatures regarding the impact of the monetary policies on macro-economic
variables are full of confusing, contradictory and uncertain remarks and conclusions.
In other words, there is imminent need of intensive research about the issue.
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