• Title/Summary/Keyword: social economics

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Relationship Between Corporate Social Responsibility Expenditures and Performance in Jordanian Commercial Banks

  • BANI-KHALED, Sakhr M.;EL-DALABEEH, Abdel Rahman K.;AL-OLIMAT, Nofan H.;AL SHBAIL, Mohannad O.
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.539-549
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    • 2021
  • This study aims to examine the relationship between corporate social responsibility (CSR) expenditures and both financial and non-financial performance of Jordanian commercial banks during the period 2008-2018. To measure the variables of interest, secondary data published on Amman Stock Exchange (ASE) website were processed to become preliminary data suitable for the nature of the study. The study sample amounted to 13 commercial banks, which represent all Jordanian commercial banks listed on ASE.. The study found that there is a positive, statistically significant relationship between CSR expenditures and financial performance, as the study showed that the return on equity (ROE) has a positive and significant relationship with CSR expenditure, while the return on assets (ROA) and Tobin's Q model have a statistically significant negative relationship with CSR expenditure, while the market stock price (MSP) had a positive, but not statistically significant. The study also found that there is a positive, statistically significant relationship between CSR expenditures and non-financial performance, which was represented by total deposits and total training expenditures in Jordanian commercial banks. Accordingly, the study recommends encouraging banks to prepare sustainability reports and CSR reports, which are considered comprehensive, and not only with disclosures within the annual reports.

Microblogging Sentiment Investor, Return and Volatility in the COVID-19 Era: Indonesian Stock Exchange

  • FARISKA, Putri;NUGRAHA, Nugraha;PUTERA, Ika;ROHANDI, Mochamad Malik Akbar;FARISKA, Putri
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.61-67
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    • 2021
  • The covid-19 pandemic scenario caused the most extensive economic shocks the world has experienced in decades. Maintaining financial performance and economic stability is essential during the pandemic period. In these conditions, where movement is severely restricted, media consumption is considered to be increasing. The social media platform is one of the media online used by the public as a source of information and also expressing their sentiment, including individual investors in the capital market as social media users. Twitter is one of the social media microblogging platforms used by individual investors to share their opinion and get information. This study aims to determine whether microblogging sentiment investors can predict the capital market during pandemics. To analyze microblogging sentiment investors, we classified sentiment using the phyton text mining algorithm and Naïve Bayesian text classification into level positive, negative, and neutral from November 2019 to November 2020. This study was on 68 listed companies on the Indonesia stock exchange. A Vector Autoregression and Impulse Response is applied to capture short and long-term impacts along with a causal relationship. We found that microblogging sentiment investor has a significant impact on stock returns and volatility and vice-versa. Also, the response due to shocks is convergent, and microblogging investors in Indonesia are categorized as a "news-watcher" investor.

The Role of Corporate Social Responsibility in the Investment Efficiency: Is It Important?

  • ERAWATI, Ni Made Adi;T, Sutrisno;HARIADI, Bambang;SARASWATI, Erwin
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.169-178
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    • 2021
  • This research aims to test, firstly, how the disclosure of corporate social responsibility (CSR) helps to moderate the effect of family ownership on investment efficiency; secondly, how CSR disclosures mediate the effect of corporate governance on investment efficiency. STATA was used to analyze archival data collected from a total sample of 210 manufacturing companies listed on the Indonesian Stock Exchange (IDX), which were in the family businesses category for the period of 2016-2018. The first finding is that CSR moderates the effect of family ownership on investment efficiency. This implies that family businesses are very careful about investing. They will avoid risky decisions that may increase the economic wealth, but reduce the socio-emotional wealth. To maintain socio-emotional wealth, they tend to choose an underinvestment strategy and are more concerned with the prestige and good reputation of their families and dynasties than with economic wealth. Thus, CSR disclosures can reduce the underinvestment strategy of family businesses listed on the IDX. The second finding is that CSR disclosures are able to mediate the effect of corporate governance on investment efficiency. CSR activities play a major role in decision-making, and through CSR disclosures, corporate governance has a greater effect on investment efficiency.

Reduction of Economic Disparities in the Regions of Kazakhstan Based on Inclusive Development

  • NURLANOVA, Nailya K.;SATYBALDIN, Azimkhan A.;BRIMBETOVA, Nursaule Zh.;KIREYEVA, Anel A.
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.2
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    • pp.299-307
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    • 2019
  • This study aims to explore the theoretical concepts of inclusive development in relation to the spatial context, assessment the disparities in the social and economic development of the regions of Kazakhstan and substantiate the main mechanisms for overcoming them. In this research, authors propose the methodological tools for presenting a standard form of evaluation of social and economic development in the regions of Kazakhstan. In this study used methods, which based on measuring disproportions between the levels of economic and social development of the regions, as well as disproportions between the republican and regional levels. According to the author's methodological approach, complex and integral indexes have calculated over the period 2012-2017 for a number of indicators adapted to the conditions of Kazakhstan. The calculated indexes proposed to use as instruments for measuring the level of the social and economic development. In addition, according the obtained indexes and the results of their ranking can be the basis for the development of regional programs and management decisions. This will improve the targeted support of the population in backward regions in order to ensure inclusive development and improve the quality of life of the population.

A Study on the Perceives Stress and Social supports of Adolescent (청소년의 일상적 스트레스와 사회적 지지 지각의 관련성 연구)

  • 이기숙;박소영
    • Journal of the Korean Home Economics Association
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    • v.38 no.9
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    • pp.93-106
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    • 2000
  • The Purpose of this study was to examine the adolescents'stress and social supports and the relationships of there two factors. Specifically, this study investigated the adolescents'stress and social supports depending on their sex, family status, socio-economic status. The subjects of this study were 467 middle school students in Pusan. Questionnaires were used consisting of adolescents'perceived stress and social supports for data analysis, Cronbach's $\alpha$-coefficient, frequency distribution, percentage, Oneway-ANOVA, t-test and Pearson's γ-coefficient were used. Major findings were as follows: Adolescents'stress were significantly different depending on their sex, father's educational level, family income and family intimacy The source of the adolescents'social support sources were different depending on their sex, family status, father's educational level, mother's educational level, family income and family intimacy. Adolescents'social support types were different depending on family status, lather educational level, mother educational level, father\`s job, family income and family intimacy. There were negative correlation between stress and social supports.

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The effects of the residential variables on high school students' social personality (주거환경이 고교생의 사회성에 미치는 영향)

  • 노영남
    • Journal of the Korean Home Economics Association
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    • v.23 no.4
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    • pp.109-121
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    • 1985
  • This is a study to grasp the correlation between high school students' social persenality and residential environment. THe samples were 197 boys and 200 girls who were attending the high schools located in Pusan. Social personality which contains family relations and social relations was measured by the standardized test of K.T.C. The path-analysis was used to make the causal relations of the collected data clear. RESULTS : 1. Feeling on the residential environment underwent the most potent influence by the floor space per person and social personality by feeling on the residential environment. 2. For the boy-students, the family relations andsocial relations was affected by the case of renthouse, the family relations by the case of noisy residence, and the social relations by the case of no-private room. 3. For the girl-students, the cases of higher stories and having private room made the family relations unharmonious, the cases of narrow floor space per person and the single house made the social relations troublesome, too.

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The Quality of Caregiver's Behaviors and Children's Social Behaviors (보육교사 행동의 질적 수준과 아동의 사회적 행동 특성)

  • 곽주영
    • Journal of the Korean Home Economics Association
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    • v.35 no.2
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    • pp.385-399
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    • 1997
  • The purpose of this study was to investigate the relationship between the quality of caregiver's behaviors and children's social behaviors. the quality of caregiver's behaviors were observed during indoor free-play time in the 8 classes at 7 child care centers. Forty children were selected from two classes of high quality caregivers and 2 of low quality caregivers based on the quality of caregiver's behaviors. Children's social behaviors were measured in terms of social competence, social maladjustment, and social interaction. results of the study were as follows: First, children of high quality caregivers were more socially competent than of low quality caregivers. second, there were no significant differences in social maladjustemnt according to the quality of caregiver's behavior. Third, children of high quality caregivers showed more positive and dependent interaction with caregivers high quality caregivers showed more positive and depedndent interaction with caregivers than of low quality teachers. Also, children of high quality caregivers engaged less in aimless behavior and negative interaction with peers than of low quality caregivers.

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Factors related to Institutional Children's Social Competence (시설아동의 사회적 능력에 관한 변인 연구: 정서지능과 학교생활만족도를 중심으로)

  • Moon, Hyuk-Jun
    • Journal of the Korean Home Economics Association
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    • v.44 no.10
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    • pp.1-8
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    • 2006
  • This study examined effects of emotional intelligence and satisfaction of school life on the social competence of institutional children. Data were collected from institutional children of 300 10-12 year old and questionnaire measures were employed. Data were analyzed by t-test, pearson's correlation and multiple regression analyses. Relationships were found between emotional intelligence and social competence as well as satisfaction of school life and social competence. Components of emotional intelligence and satisfaction of school life that predicted social competence were emotional facilitation of thinking and personal relationship between friends. Degree of personal relationship between friends was the most powerful predictor of institutional children's social competence.

The Effect of Human Capital and Social Capital on the Health Status of the Elderly (중고령기 건강에 대한 인적자본과 사회자본의 효과)

  • Seo, Ji-Won
    • Journal of the Korean Home Economics Association
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    • v.44 no.10
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    • pp.133-144
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    • 2006
  • The purpose of this study was to examine the effects of human capital and social capital, including employment status, education, income, social supports, and social participations, on the health status of the elderly aged over 50, after controlling for various demographic variables. Data were from the 6th wave of the Korean Labor and Income Panel Study(n=3,459). The major findings of this study were as follows: First, human capital and social capital were both resources that can contribute to improving the health status of the elderly aged over 50. Second, the effects of human capital and social capital on the health status of the elderly differed in the three subsamples defined by employment status. Based on the empirical results, policy implications were provided.

Preschool Children's Conceptions of Social Situations and Their Responses by Children's Gender (유아의 성에 따른 사회적 상황에 대한 개념과 반응)

  • Pu, Sung-Sook
    • Journal of the Korean Home Economics Association
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    • v.49 no.9
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    • pp.1-13
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    • 2011
  • This study examined whether preschool children's meta-socialization (conceptions of social situations) and their responses differed according to the children's gender. The participants were 78 preschool children living in Seoul, Korea. The results showed gender differences in the children's conceptions of social situations and in their responses to social situations. Firstly, a girl's conceptual judgments about social situations were more developed and dependent on the teacher's authority. Secondly, the boys showed direct and physical responses, while girls showed indirect, linguistic, and emotional responses in moral and social-conventional situations. In addition, girls made more frequent responses to 'Choice Assertion' in personal situations than boys.