Stock Return Determinants In Stock Market Movements

The purpose of this study was to examine the effect of Economic Value Added (EVA), Market Value Added (MVA), Residual Income (RI), Earnings Per Share (EPS) and Operating Cash Flow (OCF) on Stock Returns. Samples used in the study were 22 of LQ-45 index companies listed on the Indonesia Stock Exchange. This study uses multiple linear regression analysis, with partial hypothesis test (t test), simultaneous test (f test), and coefficient of determination (adjusted R). The results of this research indicate that there is an influence from the variable influence of Economic Value Added (EVA), Market Value Added (MVA), Residual Income (RI), Earnings Per Share (EPS) and Operating Cash Flow (OCF) ) towards Stock Return. This is because the company is able to create good performance so that investors can invest in the company.

Analysis of Savings and Loans Scheme by Family Welfare Empowerment Organization As a Fulfillment Solution for Muslim in the Pandemic Outbreak

This study aims to analyze the savings and loans scheme at the Family Welfare Empowerment Organization (FWEO) at the Neighborhood Association (NA) XY, Karanganyar Regency, during the Covid-19 pandemic outbreak. This study uses a qualitative approach with the method of observation and interviews. Observations observe the object of research when transacting savings and loans and the distribution of residual income. Interviews confirmed people who are directly related to the savings and loans activities at FWEO of NA XY including the chairperson, fund administrator of FWEO and Muslim borrowers.The results of the study show that the savings and loans activities at FWEO of NA XY are family-based community activities and prioritize the principle of ta'awun or mutual assistance. One of the assistance is given to Muslims members of FWEO and suffering from financial difficulties during the pandemic outbreak. The principle of ta'awun is reflected by the scheme of savings, loans and the ease use of residual income and based on trust among members. This fact supports the findings that the existence of FWEO in NA XY makes it easier for Muslims to obtain funds as well as to ease the economic burden, especially for those affected by Covid-19.

Factors Responsible for Joining MLM Business and Relation of Mode of Association with Networker’s Satisfaction

This study focuses on identifying factors responsible for joining Multi-Level Marketing (MLM) business by the networkers and analysis of satisfaction level of networkers with respect to the mode of association with MLM business. A quantitative methodology with a survey technique was used on 305 selected networkers who operate their MLM business from Kanpur city. Factors responsible for encouraging people to join the MLM business as a networker are explored by the factor analytical approach. An independent T-test was employed to test the proposed hypothesis. This study found that earn income for meeting expenses, source of residual income, low investment and low risk, more leisure time, personality development, better lifestyle, enhance social interaction, and helping others are the key factors that motivate the networkers to join MLM business. Moreover, the networkers involved in MLM business through any mode of the association are equally satisfied with this business

Analysis of The Effects Debt Capital, Equity Capital on Residual Income and It Is Impacts on Amount Coperative Member

The researchs is find out the effects of DC and EC on residual income (SHU) and it is impacts on amount coperative member. The researchs is descriptif quantitativ, the population used as the units of researchs analyzis is a coperative in the city of Tangsel with criteria coperatives that have many business units, and always hold annual member meetings for the last five consecative years, namely 2016 to 2020, as for the numbers of coperatives that will be sampled in this researchs are fifty coperatives. This research uses the methode asociative causall analitycal which mean a causall relationships wherein the variables X would effects variables Y and variables Y would effects variables Z. This methode is find out the relationships among two or more variables, by explining, predicting along controling symptoms. From researchs result it was found that DC partial significants effects on residual income, withal determinations coefficients is 72,29 %, the rest 27,71 % influence by others factor. EC partiall significants effects on residual income, withal coefficients of determinations is 74,67 %, the rest 25,33 % influence by others factor. DC and EC simultaneouly significants effects on residual income, withal coeficient of determinations is 81,81 %, the rest 18,19 % influence by others factor. Residual income partial significants effects on amount coperative member with a coeficient of determinations is 41,82 %, the rest 58,18 % influence by others factor.

Valoración de los bancos cotizados españoles tras la crisis = Valuation of the Spanish listed banks after the crisis

<p>Después del inicio de la crisis financiera, la cotización en bolsa de las principales entidades financieras españolas se vio enormemente reducida y se ha mantenido en niveles bajos desde entonces. Con el objetivo de determinar si el valor en bolsa se corresponde con el valor intrínseco, se aplican los modelos de descuento de dividendos y descuento de resultados anormales, y se estima el coste de capital según las circunstancias de cada entidad. Teniendo en cuenta los factores macroeconómicos y sectoriales más relevantes que inciden sobre el valor de estas entidades, los resultados indican que cinco de los seis bancos cotizarían ligeramente por debajo del valor estimado y uno de ellos ligeramente por encima. En cuanto a los costes de capital, nuestros resultados indican que se ven afectados de forma notable por el negocio internacional de las entidades.</p><p>After the financial crisis started, the market values of the main Spanish financial institutions suffered a sharp cut and their shares have traded at really low levels since then. Trying to determine whether their price corresponds to their intrinsic value, a valuation of these firms is done by applying the dividend discount model and the residual income model. A cost of capital for each institution is also estimated. Taking into account the most relevant macroeconomic and industrial factors affecting the banks’ value, our results indicate that five out of six banks would be slightly undervalued, and the other one is slightly overvalued. Concerning the cost of capital, our results suggest that it is markedly affected by the internationalization of the firms.</p>

A PROPOSED ARCHIVAL EMPIRICAL RESEARCH METHODOLOGY TO TEST RELIABITIY AND VALIDITY OF DISCOUNTED RESIDUAL INCOME MODEL

Kerlinger and Lee (2000) defines reliability as “the proportion of the ‘true’ variance to the total obtained variance of the data yielded by a measuring instrument” and content validity as “representativeness or sampling adequacy of the content—the substance, the matter, the topic of measuring instrument”. The goal of this research is to provide an empirical research method to quantify the reliability and validity of residual income model in the prediction of the value of equity (stock price), by proposing to compare all active U.S. firms from 1981 to 2005 traded in the NYSE and the AMEX (the time period and listed stocks are subject to change based upon the availability of data from different sources). JEL Classification Codes: G10, G17, M41, Z10.

Measuring Housing Affordability Using Residual Income Method for Million-plus Cities in India

Housing affordability is an ever-growing concern in rapidly urbanizing countries like India. The need for affordable housing can hardly be overemphasis in India. Government has many policies and programs running for fulfilling the requirement. But it is essential to define affordability standards for the success of any such policies and programs. The Ratio Method, which is currently used as the base for determining affordable housing, doesn’t have the flexibility to match the varied scale and standards across Indian cities. This paper is based on Michel E stone’s residual income’ method to measure housing affordability for India’s million-plus city. It gives a new approach for measuring housing affordability based on the minimum living cost for survival. It uses Poverty Line data (2014) and NSSO economic survey data (2012) for defining the minimum standard of living in the city. Stakeholders can use the city-specific measurement for affordable housing generated from this paper in affordable housing policies and programs.