The study aims to analyze the fundamental business factors maximize shareholder wealth before and after COVID-19 as a representation of normal economic environment downturn. This quantitative research method uses data from 19 hospitality tourism companies registered on Indonesia Stock Exchange (IDX). used are financial statements for 2018-2020. results provide empirical evidence that COVID-19, ...

This paper consists of two parts. In the first part we carry out a traditional growth accounting exercise for the private business sectors of the Swedish economy. We search for structural breaks during the sample period, using Chow tests, using a dynamic specification of Total Factor Productivity (TFP) growth rates. Grangercausality tests are carried out for the nine sub-sectors of the private ...

This study aims to determine the role of good corporate governance in mediating effect business strategy on firm value non-cyclical consumer companies listed Indonesia Stock Exchange. research includes quantitative research. With a population all The sampling technique used purposive technique, order obtain 26 as samples. Data collection techniques documentation with secondary data obtained fro...

As an industry to enhance the national economy and improve people's lives, it is of great significance accurately analyze stock price real estate industry. Based on this, this paper takes 13 listed companies in Chinese as example, using H-P filtering method, OLS regression, Tobit model There are three main research results: (1) After HP analysis, long-term trend cyclical fluctuation curve price...

In other work (Moscarini and Postel-Vinay, 2008, 2009a), we find a distinct cyclical pattern of the relative performance of large and small businesses in terms of net job creation. Large employers destroy proportionally more jobs during and right after recessions, and create proportionally more jobs late in expansions, relative to small employers. Differential size growth between small and larg...

This paper analyses two well-known features of interest rates, namely their time dependence and their cyclical structure. Specifically, it focuses on the monthly Euribor rate, using monthly data from January 1994 to May 2011. Models based on fractional integration at the long run or zero frequency, although adequately describing the persistent behaviour of the series, do not take into account i...

This article documents the business cycle properties of workers’ remittance flows to Mexico. We also discuss key differences between the cyclical properties of remittance inflows and the cyclical properties of foreign direct investment (FDI). We find evidence that remittances are countercyclical with respect to Mexico’s business cycle. However, this result is not robust to the use of different ...