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The aim of this article was to conduct research and present the results of a ratio analysis assessing the implementation of the concept of sustainable development in Polish provinces. It suggests a set of indicators tracking two of the areas of sustainable development: economic and social, in two separate periods: before the 2019 pandemic and during the 2020 pandemic. In addition to determining the performance of Lubusz Province compared to other provinces, the authors' assumption is also to identify the impact of the COVID-19 pandemic on the implementation of economic and social sustainability goals in Poland as a whole. The key issues concerning the concept of sustainable development and the state of research on sustainability indicators at a regional level are presented with the help of literature review. On the basis ratio analysis was rated economic development of 16 Polish provinces was assessed and then benchmarked to determine the position of Lubusz Province. The proposed tracking indicators included the following aspects: economic potential, innovation of the economy, sustainable production patterns, demographic changes, job market, and social integration. The obtained results answered the question concerning the socio-economic development of Polish provinces, in particular that of Lubusz Province, in the context of sustainability before and during the pandemic.
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The present study made use of the sector balance sheets of "Q-861 Hospital Services Sub-Sector” for the years 2015–2020, which was recently published by the Central Bank of the Republic of Turkey (TCMB), which maintains the largest financial data on the hospital services sub-sector. The 6-year time period above was selected for the purposes of the study on the grounds that TCMB published the most up-to-date sector balance sheets for the said timeframe. The present study also aimed to investigate the financial structure of the hospitals operating in this sector in Turkey prior to the COVID-19 pandemic across the world. In general, ratio analysis, parametric, and non-parametric methods are used to measure the performance levels of hospital enterprises. The present study employed ratio analysis, a financial analysis method to assess the performance levels thereof. The financial performance of the sector was assessed in the study using 15 criteria, including liquidity, financial, activity, and profitability ratios. © 2023, The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
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Markowitz formulates portfolio selection and calls the optimal solutions as an efficient frontier. Sharpe initiates Sharpe ratio for frontier portfolios' reward to variability. Finance textbooks assume that there exists a line which passes through a risk-free rate and is tangent to an efficient frontier. The tangent portfolio enjoys the maximum Sharpe ratio. However, the assumption is over-simplistic because we prove that other situations exist. For example, Sharpe ratio itself may not be even well-defined. We comprehensively maximize Sharpe ratio. In such an area, this paper contributes to the literature. Specifically, we identify the other situations by parametric-quadratic programming which renders complete efficient frontiers by piecewise-hyperbola structure. Researchers traditionally view efficient frontiers by just isolated points. We accomplish handy formulae, so investors can even manually process them. The COVID-19 pandemic is unleashing crises. Unfortunately, there is quite limited research of portfolio selection for COVID. In such an area, this paper contributes to the practice. Specifically, we originate a counter-COVID measure for stocks and integrate it as a constraint into portfolio-selection models. The maximum-Sharpe-ratio portfolio outperforms stock-market indexes in sample. We launch the models for Dow Jones Industrial Average and discover outperformance out of sample.
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In the face of world-changing events, narratives on the messaging platform Telegram, including instances of disinformation, tend to arise and evolve at high speeds. However, key signals of this process, including newly emerging or idiosyncratic concepts, often elude traditional, top-down analyses. Addressing the need for inductive approaches to narrative evolution on Telegram, this paper operationalizes quantitative methods from the field of corpus-based discourse analysis. On a technical and methodological level, the paper discusses how data from Telegram's messages and images can be collected and preprocessed for the purposes of a ‘keyness' (Log Ratio) analysis that surfaces salient nouns and verbs for further investigation. On an empirical level, this method is then applied to a case study of 225 predominantly Dutch-speaking Telegram channels (spanning the period March 2017- March 2022), revealing some of the dynamics that govern their recent shift from propagating narratives about the coronavirus pandemic to narratives concerning the war in Ukraine. This case study is accompanied by an interactive demonstrator that enables readers to further explore the processed dataset. The paper concludes with a reflection on the status of and future avenues for this ‘distant reading' approach in relation to established interpretative practices. © 2022 Copyright for this paper by its authors.
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COVID-19 changed the shape and size of the business and industry and lowered the multidimensional performances of the firms, globally. The outbreak of the corona mitigated or stopped the operational activities of businesses and industry and affected the routine of individuals at large. The study analyzes the pre and post-COVID-19 financial performance of Indian oil and gas firms and tries to get the impact of the financial performances. The analysis is based upon the secondary financial data while ratio analysis and statistical measures are applied to get financial performances, mutual absolute and relational variations of financial performances pre and post-COVID-19. There was post-COVID-19 relational growth of total revenue, total expenses, profits, profitability, and liquidity seen higher in the smaller-scale production Indian oil and gas firms than the larger-scale production firms. The larger Indian oil and gas firms’ solvency ratio enhanced post-pandemic period while smaller-scale production oil and gas firms enjoy the leverage to enhance their profits and profitability. To enhance the profitability in larger scale production Indian oil and gas companies need to improve their cost and managerial efficiency, and external funds in their capital composition. © 2022, Econjournals. All rights reserved.
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In March 2020, “World Health Organization” announced the COVID-19 disease outbreak as a pandemic and informed countries to take action immediately so that people’s lives can be saved. Different countries have taken this disease seriously and applied locked down based on the situation. We can observe that the situation is still not in control and that the partial locked down is in some areas. Based on the situation, we have planned to do an analysis that may be helpful to decide the COVID-19 pandemic. Our earth is divided into three different temperature zones: Frigid, Temperate, and Torrid. The division is based on latitude. We have collected data from kaggle.com, which has different columns like Country name, state/province, latitude, confirmed, recovered, and death cases of COVID-19 disease and dates. We have nearly six months of data from June to December. This chapter compares variances of different zones recovery and death ratio of COVID-19 disease using one-way ANOVA. The authors have also checked the correlation between latitude and death ratio and latitude and recovered ratio. © 2022 Nova Science Publishers, Inc.
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Bu çalışma, Türkiye’de Covid-19’un sektörlerin finansal performansına etkisini oran analizi yöntemi ile incelemeyi amaçlamaktadır. Bu bağlamda çalışmada, sektörlerin likidite, finansal yapı, faaliyet ve kârlılık oranları Covid-19 öncesi 2015 ve 2019 arasındaki yıllar ve Covid-19 sonrası 2020 yılı için incelenmiş ve Covid-19’un sektörlerin finansal performansına anlamlı bir etkisinin olup olmadığı Wilcoxon İşaretli Sıralar Testi kullanılarak analiz edilmiştir. Araştırma bulgularına göre, pandemi gayrimenkul, mesleki, bilimsel ve teknik faaliyetler, ulaştırma ve depolama, konaklama ve yiyecek hizmeti faaliyetleri ve kültür, sanat, eğlence ve spor sektörlerinin finansal yapı, faaliyet ve kârlılık oranlarını olumsuz etkilerken, ana metal sanayi, deri, eczacılık ürünleri, eğitim, inşaat, kâğıt ve kâğıt ürünleri, madencilik, metal ürünler, sağlık ve ticaret sektörlerini olumlu etkilemiştir. Ayrıca çalışma sonuçları, pandemi sürecinin likidite oranları üzerinde anlamlı pozitif bir etki, borçlanma (finansal kaldıraç) oranı ve faaliyet oranları üzerinde anlamlı negatif bir etki oluşturduğunu, kârlılık oranları üzerinde ise anlamlı bir etki oluşturmadığını ortaya koymuştur.Alternate : This study aims to examine the impact of Covid-19 on the financial performance of industries in Turkey with the ratio analysis method. In this sense, the study examines liquidity, financial structure, operating, and profitability ratios of industries for the years between 2015 and 2019 before Covid-19 and for the year 2020 after Covid-19 and analyzes whether Covid-19 has a significant impact on the financial performance of industries using the Wilcoxon Signed-Ranks Test. According to the research findings, while the pandemic negatively affected financial structure, operating, and profitability ratios of industries, including real estate, professional, scientific, and technical activities, transportation and storage, accommodation and food service activities and culture, art, entertainment, and sports, it positively impacted industries, including basic metal industry, leather, pharmaceutical products, education, construction, paper and paper products, mining, metal products, health, and trade. Further, the study results reveal that pandemic had a significant positive impact on liquidity ratios and a significant negative impact on debt (financial leverage) ratio and operating ratios, whereas no significant impact on profitability ratios.
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The world is no stranger to crises, and social enterprises struggle to both survive and deliver on mission. This study explores how public interventions can facilitate economic recovery through targeted assistance to social enterprises, specifically the Italian social cooperative. Despite their prevalence and beneficial impact on Italian communities, not all Italian social cooperatives are economically and/or financially healthy. So this study answers the following two research questions: what is the financial and economic condition of Italian social cooperatives, and how could scarce public resources be directed to social enterprises in order to further the goals of social policy? To assess financial and economic health, we conduct financial statement analysis based on data extracted from the AIDA database. This methodology makes it possible to analyze Italian social cooperatives with techniques designed to monitor the situation in terms of both financial balance (current ratio, warranty ratio, and equity multiplier) and of economic balance (ROA, ROI, and sustainability of financial charges). Using these ratios, we create a matrix of financial and economic health and then provide guidance on which level of public support in each classification is likely to provide the most overall societal benefit. Such analysis offers not only benefits to Italian policymakers and citizens, but is a topic of particular interest for researchers, policymakers, and practitioners around the world evaluating policy responses to crises such as COVID-19. [ FROM AUTHOR] Copyright of Nonprofit Policy Forum is the property of De Gruyter and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full . (Copyright applies to all s.)
ABSTRACT
The airline industry is one of the largest essential industries around the globe, and has been severely affected by COVID-19 pandemic. The demand for passenger air transport decreased dramatically during the pandemic due to international and domestic travel restrictions, whereas cargo transport experienced an unsurprising increase. This paper studies the impact of COVID-19 on US domestic airlines in two categories: Legacy - American, Delta, Southwest, and United;and Cargo - FedEx and UPS. Analysis of the financial performance ratios and changes to these, both pre-pandemic and during the pandemic, is conducted and the financial performance is analyzed in five major categories (e.g. liquidity, leverage, efficiency, profitability, and market value ratios). This paper also reports empirical comparison results between financial performance of passenger and cargo airlines. The data for analysis is obtained from the US Bureau of Transportation Statistics, the Wharton Research Data Services, and Yahoo! Finance. The results in this paper may be valuable for airlines and other air transport providers as they seek to understand pandemic response/behavior, or make decisions to increase their resilience. Engineering managers involved in financial resource management decision-making may use this information in their efforts to understand the financial performance dynamics during a global pandemic, and create the greatest value for their organizations. © American Society for Engineering Management, 2021
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Business continuity in disruptions like the COVID-19 pandemic involves sustainable supply chain management (SSCM) with limited resources and risks for the well-being and prosperity of stakeholders and customers involved with limited environmental effects. The purpose of the paper is to outline enablers in customer engagement that supports SSCM in times of disruption like the COVID-19 pandemic. This research uses an extensive literature review followed by academic and industry practitioners' opinions to identify customer engagement enablers in SSCM for business continuity. Hybrid stepwise weight assessment ratio analysis (SWARA) and rough set numbers rank customer engagement enablers that support SSCM in disruption. The research builds on stakeholder theory and the sustainability framework for economic performance through non-economic aspects. The research concludes that the focus on agility for target customers through collaboration and information sharing in SSCM will support business continuity. It shall support decision-making in the supply chain in uncertainties. Engagement with stakeholders leads to focused execution in response to customer demand through faster communication and crucial information sharing, thus eliminating bottlenecks for business continuity.