The primary objective of the cash flow statement is to provide useful, meaningful, and relevant information about the cash receipts and cash payments of a firm during a given period of time. Decision makers can achiev...The primary objective of the cash flow statement is to provide useful, meaningful, and relevant information about the cash receipts and cash payments of a firm during a given period of time. Decision makers can achieve extra features of the change in net assets, the firms＇ financial position （liquidity and solvency）, and the firm＇s ability to adapt to changing circumstances by affecting the amount and timing of cash flows. Cash flow statements improve comparability as they are not affected by differing accounting policies used for the same type of transactions or events. This study aims to verify the effect of net working capital （NWC）, as an indicator of a company＇s short-term liquidity or its ability to meet short-term obligations, on Jordanian industrial and energy sectors＇ net operating cash flows （NOCF）. A simple liner regression is used to test a period of 2008-2011 in order to conclude the extent of the effect on industrial and energy sectors. The study showed that there is a significant effect of the independent variable NWC on the dependent variable NOCF among industrial and energy sectors in Jordanian market. Whereas the adjusted R-squared of test is 0.854, changes in NOCF in Jordanian industrial and energy sectors have been described by NWC. Also, the study reached that the utilities and energy sector has the lowest NWC, while the mining and extraction sector has the highest. And, electrical industries sector has the lowest NOCF, while the mining and extraction sector has the highest. Moreover, the study showed that the printing and packaging sector has the lowest NWC, while the mining and extraction sector has the highest. And, glass and ceramic industries sector has the lowest NOCF, while the utilities and energy sector has the highest.展开更多
This paper analyzes the effect of input factors on the growth of the agricultural sector in Syria. It estimates the relationship between input factors and agricultural economic growth in Syria using cointegration anal...This paper analyzes the effect of input factors on the growth of the agricultural sector in Syria. It estimates the relationship between input factors and agricultural economic growth in Syria using cointegration analysis and Granger causality analysis. The results of the analysis show that： （1） The increase of agriculture labor force and financial support played a vital role in the agricultural economic growth in the long term; （2） The increase in agricultural land and capital investment is significant in promoting agricultural economic growth in the short term; （3） Agricultural capital investment and agriculture labor force are the Granger causes of the agricultural economic growth.展开更多
Investments in bio-energies require deep and accurate analysis to evaluate their economical feasibility both by the investors＇ and the policy makers＇ perspectives. The chance to attain locally organized supply chain...Investments in bio-energies require deep and accurate analysis to evaluate their economical feasibility both by the investors＇ and the policy makers＇ perspectives. The chance to attain locally organized supply chains is presumably higher where there is a higher concentration of human, natural and financial capitals. After a literature review about social capital and energy supply chain （prg. 1）, we investigate the instruments for public direct financial incentive （prg. 2） and the development of the public intervention plans in the agro-energy sector within the Local Development Plans （LDP） by Local Action Groups （LAG）. Then, we present the case study of the Apulia Region （prg. 3） based upon a unique dataset, specifically built that collects LDP data relative to social capital. We finally propose a new methodological approach that makes use of social network analysis investigating the net of relationships underneath the territorial organization of the LAGs and the local supply chains. Results seem to show that site specificities affect the sustainability of biofuels supply chains, and that effect seems to be reciprocally bounded, thus calling for the inclusion of such measures when planning new policies, and for analytical approaches encompassing historical perspectives. Finally, we draw the conclusions.展开更多
文摘The primary objective of the cash flow statement is to provide useful, meaningful, and relevant information about the cash receipts and cash payments of a firm during a given period of time. Decision makers can achieve extra features of the change in net assets, the firms＇ financial position （liquidity and solvency）, and the firm＇s ability to adapt to changing circumstances by affecting the amount and timing of cash flows. Cash flow statements improve comparability as they are not affected by differing accounting policies used for the same type of transactions or events. This study aims to verify the effect of net working capital （NWC）, as an indicator of a company＇s short-term liquidity or its ability to meet short-term obligations, on Jordanian industrial and energy sectors＇ net operating cash flows （NOCF）. A simple liner regression is used to test a period of 2008-2011 in order to conclude the extent of the effect on industrial and energy sectors. The study showed that there is a significant effect of the independent variable NWC on the dependent variable NOCF among industrial and energy sectors in Jordanian market. Whereas the adjusted R-squared of test is 0.854, changes in NOCF in Jordanian industrial and energy sectors have been described by NWC. Also, the study reached that the utilities and energy sector has the lowest NWC, while the mining and extraction sector has the highest. And, electrical industries sector has the lowest NOCF, while the mining and extraction sector has the highest. Moreover, the study showed that the printing and packaging sector has the lowest NWC, while the mining and extraction sector has the highest. And, glass and ceramic industries sector has the lowest NOCF, while the utilities and energy sector has the highest.
文摘This paper analyzes the effect of input factors on the growth of the agricultural sector in Syria. It estimates the relationship between input factors and agricultural economic growth in Syria using cointegration analysis and Granger causality analysis. The results of the analysis show that： （1） The increase of agriculture labor force and financial support played a vital role in the agricultural economic growth in the long term; （2） The increase in agricultural land and capital investment is significant in promoting agricultural economic growth in the short term; （3） Agricultural capital investment and agriculture labor force are the Granger causes of the agricultural economic growth.
文摘Investments in bio-energies require deep and accurate analysis to evaluate their economical feasibility both by the investors＇ and the policy makers＇ perspectives. The chance to attain locally organized supply chains is presumably higher where there is a higher concentration of human, natural and financial capitals. After a literature review about social capital and energy supply chain （prg. 1）, we investigate the instruments for public direct financial incentive （prg. 2） and the development of the public intervention plans in the agro-energy sector within the Local Development Plans （LDP） by Local Action Groups （LAG）. Then, we present the case study of the Apulia Region （prg. 3） based upon a unique dataset, specifically built that collects LDP data relative to social capital. We finally propose a new methodological approach that makes use of social network analysis investigating the net of relationships underneath the territorial organization of the LAGs and the local supply chains. Results seem to show that site specificities affect the sustainability of biofuels supply chains, and that effect seems to be reciprocally bounded, thus calling for the inclusion of such measures when planning new policies, and for analytical approaches encompassing historical perspectives. Finally, we draw the conclusions.
