Tobin’s Q model is one of the economic models for evaluation of companies, proposed by Tobin in 1968 and represents the ratio of the market value of the companies’ shares plus the book value of its debts to the book value of its assets. It seems that one reason for the difference in abilities of the above said companies to produce cash from operating and investing activities. Therefore this res...

Receivables recognised in the balance sheet may be commercial, financial or tax, they represent a group of receivables different character, which are generically referred to as sundry receivables.There identification rules and valuation criteria for each these types with peculiarities general aspects. Each must reclassified differently depending on nature receivable. In this article, all aspect...

This paper seeks to investigate whether improvement in sex ratios translate into better health and nutritional outcomes for the girl child through an in depth study of these indictors in the region of Punjab. In recent years, both the child and overall sex ratios have shown improvement in the state. We analyze whether this improvement has narrowed gender discrimination against the girl child in...

We introduce a framework for testing asset pricing models based on their implications for book-to-market ratios. We focus on the performance of beta pricing models, such as the Fama-French …ve-factor model. Our tests exploit the fact that book-tomarket ratios represent expectations of long-run cash ‡ows and stock returns. Imposing this relation and a given asset pricing model, we jointly estima...

Within a general equilibrium model with habit persistence preferences and time varying expected dividend growth, we obtain a number of novel predictions about the time series of the cross section of asset prices. We show that assets of longer duration, i.e. that pay far in the future, are typically riskier than those of shorter duration. However, those assets that are characterized by a substan...

The benefit/cost (B/C) ratio method is utilized in many government and public work projects to determine if the expected benefits provide an acceptable return on the estimated investment and costs. Many authors have studied probabilistic cash flows in recent years. They introduced some analytical methods which determine the probability distribution function of the net present value and internal...

Financial sector is an important thing for a country development. Indirectly, the financial will support economy especially during pandemic, including Islamic banking industry. This study aims to analyze performance of in Indonesia based on profitability ratios consisting BOPO, ROA, ROE, liquidity Cash ratio and FDR, as well solvency measured by CAR ratio, COVID-19 pandemic. research descriptiv...

A model is developed in which an industry of N $ 1 firms is privatised. The ‘participation’ method of privatisation is used, whereby firms are sold for cash, but the state retains a proportionate share of ownership. In each firm the new private owner has the opportunity to make a reorganisational investment, before output is produced. This investment is unobservable by the state, and therefore ...