The Impact of Local Sector Information on the Performance of Single Listed Foreign Stocks
Issue:
Volume 7, Issue 5, October 2019
Pages:
142-161
Received:
25 July 2019
Accepted:
27 August 2019
Published:
23 October 2019
Abstract: Being an instrument for international diversification, the populations of Single listed foreign stocks are growing in major capital markets. Since this is a new trend of foreign listing, both investors and issuers may have concerns about the characteristics of these stocks. This paper focuses on thesetypes of stocks from two different sectors (HealthCare and Technology) which are originated from PRC (Peoples Republic of China) and listed only on the US markets. The sample employs 24 companies’ stock returns in the period of May 2011 to August 2013. Correlation test and Granger causality test are applied to identify the relationships and beyond that, the Bivariate Co-integration test and Impulse Response Function test are applied to identify the nature of the relationships between the stocks and both the home and the US market (Sector Index). The study reveals that these single listed stocks do not have any long term effect from both the Home and the Foreign trading markets whereas, the stocks are highly responsive towards the shocks from US markets in a very short term.
Abstract: Being an instrument for international diversification, the populations of Single listed foreign stocks are growing in major capital markets. Since this is a new trend of foreign listing, both investors and issuers may have concerns about the characteristics of these stocks. This paper focuses on thesetypes of stocks from two different sectors (Heal...
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Profound Changes of the World and China-US Trade Disputes
Issue:
Volume 7, Issue 5, October 2019
Pages:
162-169
Received:
22 September 2019
Accepted:
15 October 2019
Published:
23 October 2019
Abstract: We are facing profound changes in the world in the 21st century. Various contradictions in the world become more intensive. Deep globalization has promoted a more integrated and efficient human society. Meanwhile, it has become more unbalanced, uncertain and contradictory. The movement of contradictions in the world tends to go from extremes to opposites. The development of human society will see the emergence of several civilization centers, instead of one civilization center taking the place of another. The current China-US trade disputes is one of the important appear of the profound change. The contradictory movements of China-US economic and trade relations are eternal while constants are relative, but changes in the basic structure of China-US relations will take place over a long period of time. The China-US trade problem is actually an imbalance problem, reflectsing the deep-seated and complex contradictions between developed and emerging developing countries in the global transformation. To solve the current China-US trade war, we need to take a balanced line. The China-US trade problem has accumulated over the past decades, and it will take some time to solve them. A scrutiny of China-US trade disputes in the profound changes of the world and the context of modernization shows that China has been working to address many of the issues of concern, which complies with China’s general direction of reform and opening-up and its goal to achieve all-round modernization. The most important thing both of China-US need to consider is not a win-or-lose outcome, but how to convert the fierce trade war to normal trade disputes and how to obtain a leading position in morals, strategies and tactics in the game between major countries. To this end, methods of balanced thinking need to be adopted for proper handling of five major relationships. We need to understand, tolerate and compromise each other. We need to discuss and negotiate the balanced solutions to the problem. This is the requirement of the law of balance. What is the Profound Changes of the world? What is the essence and reason of the profound changes? How should we deal with such profound changes? How do we view China-US trade disputes in the profound changes of the world. This paper attempts to give a preliminary analysis on these questions. This paper is a special research project of the National Social Science Fund, "Research on the joint development of China", the "one belt and one road" initiative and the United Nations sustainable development agenda.
Abstract: We are facing profound changes in the world in the 21st century. Various contradictions in the world become more intensive. Deep globalization has promoted a more integrated and efficient human society. Meanwhile, it has become more unbalanced, uncertain and contradictory. The movement of contradictions in the world tends to go from extremes to opp...
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Human Capital Management: Understanding Its Implications over the Business
Abu Saleh Mohammad Sohel-Uz-Zaman,
Umana Anjalin,
Rashidul Islam Khan
Issue:
Volume 7, Issue 5, October 2019
Pages:
170-177
Received:
23 September 2019
Accepted:
18 October 2019
Published:
25 October 2019
Abstract: In the knowledge-based economy, human has emerged as the major intangible assets of the organizations and key determinant of sustainable competitive advantage. The human resource of an organization is now regarded as invaluable organizational capital, commonly known as human capital. Organizations are now more aware of the effective utilization of its human capital and ensure business success. However, despite the growing awareness of the importance of human capital, it could not get popularity as expected. From the initial investigation, it was revealed that there are several challenges in applying for the human capital management program. The challenges are a lack of precise definition of human capital and human capital management, overlapping scope and jurisdictions, identifying desired human capital and linking it with the business strategy, measuring the outcome of human intervention and reporting and so on. This literary paper would try to resolve these issues in the light of theoretical underpinnings. It is believed that this paper will be able to give HR managers and practitioners a meaningful guideline to apply for the human capital management program more confidently and effectively. In addition, this research would contribute to existing HR literature, too. An extensive literature search was the main source of information for this paper. For data validity and reliability data and information also collected from other sources, too such as, expert interviews, analyzing policy papers and personal observation, etc. To get an in-depth understanding of the research issues exploratory methodology has been applied in this study.
Abstract: In the knowledge-based economy, human has emerged as the major intangible assets of the organizations and key determinant of sustainable competitive advantage. The human resource of an organization is now regarded as invaluable organizational capital, commonly known as human capital. Organizations are now more aware of the effective utilization of ...
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