جستجوی مقالات مرتبط با کلیدواژه « profit margin » در نشریات گروه « علوم انسانی »

Budgeting has various goals and applications in regulating, approving, implementing, and controlling government policies and organizations. Today, the operational budgeting system can remove the weaknesses of traditional budgeting and better controling of the organization. Therefore, the present study seeks to investigate the relationship between the efficiency of the budgeting system and the profit margin in Saderat Bank of Iran. In this study, a questionnaire consisting of eighteen questions including the components of HR expertise, budget inclusiveness, employees' beliefs about the budget objective and profit margin were used. The statistical population of this study is the staff of Saderat Bank of Kermanshah province with 490 employees. The sample size was 216 based on Cochran's limited community formula and the Likert scale questionnaire was distributed among the sample and analyzed. Finally, the results of statistical tests showed that there is a positive and significant relationship between the efficiency of the budgeting system and the profit margin. The results also showed that there is a meaningful relationship between the employees' belief in purpose, budget inclusiveness and human resources expertise and profit margin in Saderat Bank of Iran. Based on the results of the study, comprehensive coverage based on existing scientific and standards can provide continuity and facilitation of the bank's executive affairs and guarantee the profit margin of the bank.

The purpose of this paper is to investigate and analyze the information content of DuPont ratios in relation to corporate dividend policy and also seek to answer the question of whether the components of DuPont ratio are significantly related to management decisions in dividend?

To achieve the answer to the above question, 84 companies in the capital market of Tehran were selected as statistical samples. The data collected in a 10-year period between 2010 and 2019 have been considered and the hypothesis test has been performed by considering the dependent variable of dividend in different forms through Tobit and logit regression analysis.

The results show that the net return on assets (RONA) and its components, ie asset turnover (ATO) and profit margin (PM), in relation to dividend policy in all models except the model of one-year-ahead change in dividend had informational content.

Originality/Value:

This study showed that managers and analysts could analyze how dividend decisions are made through information content obtained through DuPont ratios.

In this research, we aim to identify the most influential factors of the profitability of the Islamic banks. To do this, we use profit margin as profitability measure of banks uneder study. The research data are extracted from 29 Islamic banks in 10 members of the Organization of Islamic Cooperation (OIC) over the period 2004-2011. These are analyzed by panel data methods. The findings indicate that, out of 11 variables under study, the average annual exchange rate is of positive, strong and significant effect on “profit margin”. In addition, loans to customer deposits ratio has positive, strong and significant effect on “profit margin”.

The aim of this research is to recognize earnings management of the firms listed in Tehran Stock Exchange using changes in asset turnover (ATO) and profit margin (PM). ATO/PM model and Jones adjusted abnormal accruals model have been used to recognize upward and downward earnings management. Statistical population contains 133 firms during 2004-2011. The correlations tests, the mean equality tests such as t-student & Welch, and also panel/pooled regression models have been used to test the research hypotheses. Findings indicate that contemporaneous increases in PM and decreases in ATO cannot be as a recognizer of upward earnings management, and also contemporaneous decreases in PM and increases in ATO cannot be as a recognizer of downward earnings management. Also, results show that Jones adjusted abnormal accruals model as compared to ATO/PM model has incremental and greater relative information content in recognition of earnings management.

The aim of this research is to investigate the explanatory power of asset turnover (ATO)/Profit Margin (PM) model in determining of changes of operating income of listed companies in Tehran Stock Exchange. Dependent variable is ratio of changes of operating income to net operating assets in forward year that is used to measure the information content of ATO/PM model in identifying earnings management. In this study, we propose a simple diagnostic of earnings management that relies on the widely held notion underlying DuPont analysis that sales is a fundamental driver of a firm’s investment and income, and that net operating assets on the balance sheet and net operating income on the income statement should vary directly with sales. Moreover, we note that changes in ATO and PM in opposite directions could signal earnings management. Independent variables contain upward and downward EM based on ATO/PM model. Also, operating income to net operating assets ratio in current year, changes of operating income to net operating assets ratio in current year, to net operating assets to sale ratio in current year, changes of net operating assets to sale ratio in current year, changes of ATO, changes of PM, components of managed accrual items based on abnormal accrual items (Jones adjusted Model), and market value to book value were applied as control variables. Statistical population contains 133 companies during 2004-2011. The panel/pooled regression models exerted to testify research hypotheses. Findings indicate that ATO/PM model compared with Jones adjusted abnormal accruals items model is of less relative information content in identifying earnings management.

Purpose of this paper is to detect earnings management by using asset turnover ratio and earnings margin ratio in listed companies in Tehran stock Exchange. Three variables are used to detect management earnings: meet or beat expectations, extreme earnings surprises and earnings restatements. So three hypothesizes are formulated and 66 sample firms data for the years 2008 till 2011 are used. To test hypothesizes the logit regression technique is used. Results of this research show that contemporaneous increase in earnings margin ratio and decrease asset turnover ratio is signal upward earnings management. Also contemporaneous decrease of earnings margin and increase of asset turnover ratio is signal downward earnings management. In addition, this diagnostic approach includes more information and more useful details in comparison with accruals data approach.

In economic theory, there is no more important proposition than that, under competition, the rate of return on investment tends toward equality in all industries’. Although this notion is applicable to total profitability measures such as return on assets (ROA), there is good reason to believe that various components of ROA identified by Dupont analysis will not revert to economy-wide levels, Industries have unique operating structures that Dupont analysis decomposes return on investment such as ROA into two multiplicative components, Profit margin (PM) and Asset turnover (ATO). This analysis is useful because each component measures different aspects of a firm’s operation. Advocate of this type of analysis claim that the components of ROA should provide additional insight into the business and operations of the firm and assist in forecasting. In this paper I examined whether Industry part of profit margin, Asset turnover and return on assets and Industry adjusted values of these variables (called abnormal) can predict future values (changes) of these variables, I found that decomposing each of these components into an abnormal and Industry component is useful for predicting also I found that profit margin and Asset turnover has a negative correlation with each other and the same is true with, their abnormal, (Industry-adjusted). In this paper pooled regression is used in predicting ROA, PM, and ATO of Industries and their Industry-adjusted values. Result showed that the regression equation is informative and significant. and provides enough information for decision making.

This thesis surveys the possibility of prospecting future profits by using the financial ratios combination of accepted companies in Tehran’s stock exchange. Because of this reason the eight financial ratios as fallows; Growth in Sales (GSALES), Growth in Net Operating Assets (GNOA), Return on Net Operating Assets (RNOA), Operating Assets Turnover (ATO), Operating Liabilities Leverage(OLLEV), Profit Margin (PM), Advertising costs intensity (ADV) and Research and Development costs intensity (RD) were selected as independent variables and on the other hand the variable of Logarithm Net Operating Assets (LOGNOA) was considered as a control variable. So the eight spillover hypotheses were suggested to prove that there is a meaningful relation between the operating profit and each of these mentioned ratios. The research was being surveyed within a decade from the years 1377 to 1386.The select sample contained 55 companies which were elected from among accepted ones in Tehran’s stock exchange. The research scheme contains fitting of Regression model within the years 1377 to 1385, forecasting the operating profit in 1386 and lastly surveying accuracy of forecasting by comparing actual estimated values through the pair sampling test. the used statistical method in this research was the analysis of solidarity through Regression by using PLS technique (the least squares combined), which was done in two processes; the single variable analysis and the multiple Regression. All tests were done by means of the SPSS (15th writing) and the EVIEWS (4th writing) softwares. According to the obtained results from the research hypotheses’ test, it was confirmed that there is a meaningful relation between the logarithm net operating assets (control variable), sales growth, return on net operating assets, operating assets turnover, research and development costs intensity and operating profit. Also according to the results of the multiple regression and the step by step method, the main hypothesis of this research was confirmed which means that it is absolutely possible to prospect the future profits by using the financial ratios combination of productive companies that are accepted in Tehran’s stock exchange.