https://www.um.edu.mt/library/oar/handle/123456789/59010 2026-04-08T02:32:36Z https://www.um.edu.mt/library/oar/handle/123456789/58849 Title: Shareholders’ attitude towards financial statements disclosure : evidence from Sri Lanka Authors: Kaluarachchi, Dona Ganeesha Priyangika Abstract: Purpose: The major objective of the study is to identify the relationship between financial statement disclosure and shareholder attitude change relating to the investors who have invested in the companies which are registered under the Colombo Stock Exchange. -- Design/Methodology/Approach: Primary data was collected from 110 investors who invested in Colombo Stock Exchange. The questionnaire was designed to examine the shareholders’ attitude change towards financial statement disclosure by considering their awareness and perception on quality of information disclose in Financial statements. Shareholder’s attitude change is considered as the dependent variable with four indicators; Information Provision, Feedback and Consultation and Communication and Improvement. Financial Statement Disclosure is the independent variable and independent variable explained by four indicators namely, Income Statement Disclosure, Balance Sheet Disclosure, Cash Flow Statement Disclosure and Notes. -- Findings: The result exposed the fact that income statement disclosure and the cashflow statement disclosure significantly changed the shareholder’s attitude. -- Practical Implications: The article offers insights to perception and attitude of shareholders to identify the shareholders’ attitude change on financial statement disclosure indicate how shareholders react to financial statement disclosure and disclosure quality of reporting. -- Originality/Value: The article presents significant evidence in terms of its scrupulous approach towards checking the toughness of results. 2020-07-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/58848 Title: Credit management practice, SACCO size and financial sustainability of deposit taking saving and credit co-operatives in Kenya Authors: Maina, Justus Nderitu; Kiai, Richard Muthii; Kyalo, Teresia Ngina Abstract: Purpose: Deposit Taking Saving and Credit Co-operatives facilitates financial intermediation, inclusion and deepening. In spite of this, 30 percent do not operate with prudent credit management practices attributed to unremitted deductions by employer institutions or borrowers’ default and unskilled employees. This makes them prone to de-licensing for being financially vulnerable thus, putting members’ funds at risk. This is still a puzzle even with the investment by the government on an oversight authority that can ensure they are compliant to the regulations so as to maintain financial sustainability. This study was conducted to establish the moderating effect of SACCO size on credit management practice and financial sustainability. The information asymmetry theory was adopted where the study population was the Kenya Deposit Taking Saving and Credit Cooperatives. -- Design and Methodology: A descriptive cross-sectional survey design with a positivism philosophical paradigm where the sample size was 119 respondents out of which 95 percent responded. Emailed questionnaire and data collection sheet were used in data collection. -- Findings: A binary logistic regression was carried out where it was established that with presence of a moderator for the independent sub-variables, the strength of relationship between variables didn’t change (Nagelkerke R2 = 20.1 percent) but with introduction of interaction term, the strength of relationship between variables changed (Nagelkerke R2 = 27.2 percent). However, the relationship strength between variables didn’t change with presence of a moderator for the independent variable (Nagelkerke R2 = 19.9 percent). -- Conclusion and recommendation: This study thus, concluded that SACCO size had a significant moderating effect on the independent sub-variables but the overall independent variable did not show any significance. This study recommended that SACCO size should only be considered while addressing credit risk mitigation and staff competence of DT-SACCOs in an effort to improve their financial sustainability. 2020-07-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/58847 Title: Application of target costing and performance analysis : evidence from Indian automobile industry Authors: Narsaiah, N. Abstract: Purpose: The manufacturing companies must keep attention over challenges and for the moment of adopt technology and practices instead of observation of competition amongst competitor companies.To create automobile business successful in India, companies are essential to adopt better cost accounting techniques to minimize cost of products and service costs. -- Design/methodology/approach: This research investigates the application procedure of Target Costing (TC) in automobile companies in India. This study employed Target Costing as a dependent variable while Profitability; Growth; Net Tangibility Assets (NTA); EPS and Firm Size are independent variables. The study adopted convenience sample of top ten automobile companies listed on BSE of India and panel data has covered from 2014-15 to 2018-19 years. Data was analyzed through using statistical techniques of descriptive statistical analysis, Pearson’s Correlation, Simple Regression and Multiple Regression analysis and using the SPSS. -- Findings: The result of the target costing impact on profitability has reported by Pearson’s correlation result shown a negative relationship. Similarly, Target costing impact on Return on sales examined by simple regression analysis and revealed that there is positive correlation. Finally, Target costing impact on financial performance examined by multiple regression results revealed that there is positive correlation with Revenue from Operation; Profitability; Return on Sales (ROS) and Growth, while negative correlation revealed by Margin from Operation; ROA; Net Tangibility Assets(NTA); EPS and Firm Size. -- Originality/value: Target Costing has been identified as a popular technique to accomplish automobile company’s goals. Target costing consist exclusive approach to decide target price for the product and services. Target Costing ensure that new product price would be competitive in the market with substantial quality of products and services. This research investigates the application procedure of Target Costing (TC) and examined financial performance of Indian Automobile companies. 2020-07-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/58845 Title: Long-run nexus between tourism receipts and economic growth : empirical evidence from Turkey Authors: Senkardesler, Rabia Aktas Abstract: Purpose: The aim of the study is to reveal the relationship between economic growth and tourism receipts between 1995 and 2018 for Turkey. -- Design/methodology/approach: Econometric analysis method was used in the research. The existence of a long-term relationship between variables was questioned by the Johansen Cointegration Test. Least Squares Method was used for regression analysis. -- Findings: The results suggest that there is cointegration between economic growth and tourism receipts. In the longrun tourism receipts effect economic growth positively. According to the estimated model with Least Squares Method, each %1 increse in the tourism receipt increases GDP %0.21 and the percentage change in the tourism receipts can explain the %86 of the percentage change in GDP in the %95 confidence interval. -- Practical implications: This research has significant implications for both policy makers and investors. The government has to consider the effect of the tourism industry while planning the investments, expenditures and incentives. -- Originality/value: This study allows to make forecast for the future and gives opportunity to make comparison for the subsequent researchers with the latest findings in this field. 2020-07-01T00:00:00Z