Current Issue : October - December Volume : 2014 Issue Number : 4 Articles : 6 Articles
The Viet Nam stock market has been affected by \n \n\n\n\n\n\n\n\n \n\n\n \n\n\n\n\n\n \n \n\n\n\n\n\n \n \n\n\nFirst, by using quantitative and analytical methods to estimate asset and equity beta of total 57 listed companies in\nViet Nam construction material industry with a proper traditional model, we found out that the beta values, in general,\nfor many companies are acceptable.\nSecond, under 3 different scenarios of changing tax rates (20%, 25% and 28%), we recognized that there is not\nlarge disperse in equity beta values, estimated at 0,957, 1,011 and 0,961.These values are lower than those of the listed\n!\" \n \n\n\nThird, by changing tax rates in 3 scenarios (25%, 20% and 28%), we recognized equity /asset beta mean and asset\nbeta var increase if tax rate increases from 20% to 25%, then decrease when tax rate goes up from 25% to 28%.\nFinally, this paper provides some outcomes that could provide companies and government more evidence in\nestablishing their policies in governance....
This study investigated the effects of apprenticeship and social capital on new business creation process of Igbo\nentrepreneurs in Wukari Taraba State. The high success rate of apprentice-turned entrepreneurs and increasing\nattachment of these entrepreneurs to their ethnic based union were the reasons that gave rise to the study. 40\nbusinesses located in Wukari Local Government Area that were established by Igbos were randomly selected and\nquestionnaire method was the mechanism applied in generating responses. Findings revealed that while\napprenticeship had significant effects on pre-founding activities- when the business was taking off, social capital\nbecame important when the business had been established. Apprenticeship had significant effects on business idea\ngeneration, idea modification, business location and financing while social capital served as source of insurance\nservices and access to information. The study recommends that apprenticeship practice should be revived and\nmodernized and also that ethnic based unions should be given legal recognition and restructured to play both social\nand economic roles...
The needs to conceptualize and empirically examine the context in\nwhich levels of analysis in entrepreneurship research are focused also\ninfluence entrepreneurial activities and policies. This literature review is\nintended to provide insights and guide empirical research to address\nknowledge gaps in entrepreneurial research. One of the primary topics of\ninterest has been the characteristics of entrepreneurial organizations, often\nreferred to as entrepreneurial orientation of the firm. Analysis of past\nliterature has indicated the existence of empirical concerns on the\nEntrepreneurial orientation ââ?¬â?? performance relationship. However, there is\nlittle empirical research on how entrepreneurs neither harness the potential of\nnetworking nor is much known about how such initiatives work. Some\nresearchers have also raised issues relating to the important theoretical\narguments that are anchored on the dimensionality of Entrepreneurial\norientation. A study of Entrepreneurial orientation and networking\nconfigurations open new areas to theory building research as it focuses\nattention towards complex relationships among entrepreneurial activities.\nThe current study on past contributions in this stream of literature, seeking to\nprovide definitive evidence of previously examined relationships between\nentrepreneurial orientation and performance as impacted by the networking\nand environment....
Since the turn of the millennium, there has been widespread recognition that a sizeable and growing share of the global workforce is in the informal sector. To explain this, neo-liberals contend that enterprises operate in the informal sector due to high taxes, public sector corruption and too much state interference in the free market and that the consequent remedy is to reduce taxes, public sector corruption and the regulatory burden via minimal state intervention. This paper evaluates critically this neo-liberal policy approach. To do this, International Labor Organization data from 16 Latin American countries on the share of the workforce in informal sector enterprises is compared with cross-national variations in tax rates, corruption and levels of state interference using World Bank development indicators. Revealing that one in three non-agricultural workers in Latin America are employed in\ninformal sector enterprises and analyzing the economic and social conditions in different countries, no support is found for the neo-liberal tenets that higher tax rates, greater levels of corruption and state interference are correlated with larger informal sectors. Instead, higher levels of regulation and state intervention are associated with smaller (not larger) informal economies resulting in a tentative call for more, rather than less, regulation of the economy and state intervention to protect workers....
This paper investigates the psychological factors of female entrepreneurship, with a particular focus on personality\nand motivational factors ââ?¬â? addressing a weakness in the existing literature. Through the use of two psychometric\nmeasures, the Measure of Entrepreneurial Tendencies and Abilities, and the Motives, Values and Preferences Inventory,\nfemale entrepreneurs are strongly motivated by a need for power, commerce, logical decision making, aesthetics and a\nneed for change. Theoretical and practical implications are discussed....
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