Archives

Volume 5 Number 2 February 2019

Analysis of the Business of the Regional Enterprises in the Belt and Road


Authors: Wang Tao ; Li Mengqi
Pages: 43-48
DOI: doi.org/10.32861/ijefr.52.43.48
Abstract
With the increase in China’s opening up to the outside world, the implementation of China’s “One Belt, One Road” strategy has become more in-depth, and foreign-invested enterprises have an indispensable role in China’s economic growth. As the starting point of the Silk Road, with its unique geographical location and important strategic position, Shaanxi will link Shaanxi with the regional enterprises in the Belt and Road, which will improve the utilization rate of foreign capital in Shaanxi Province in the context of the Belt and Road Initiative. The cooperation of countries along the way has important and realistic significance. Based on the data of foreign-invested enterprises in Shaanxi Province in 2017, this paper analyzes the business characteristics and business performance of the regional enterprises in the Belt and Road in Shaanxi. Finally, draw the conclusion of this paper and give the corresponding policy recommendations.



Stakeholder Opposition Risk in Public-Private Partnerships


Authors: George Nwangwu
Pages: 36-42
DOI: doi.org/10.32861/ijefr.52.36.42
Abstract
This paper discusses stakeholder opposition risk. The analysis of project risks in Public Private Partnerships (PPPs) has traditionally focused more on political, construction, finance and other market-related risks with little attention paid to stakeholder opposition. The paper looks at the role of stakeholders in PPP projects and how they impact the success of projects, and contends that it is the misallocation of this risk to the private sector party, based on the principles of extant stakeholder theory that leads to public opposition to projects. Therefore, the stakeholder accountability theory is proposed as this approach properly recognizes the roles of both the public and private sector parties in the management of stakeholder opposition risk.



A Re-Examination of the Determinants of Child Labour in Côte d’Ivoire


Authors: Dr. Abou Pokou Edouard
Pages: 26-35
DOI: doi.org/10.32861/ijefr.52.26.35
Abstract
This last year, the extent of poverty and socio-economic crises in some African countries, particularly in Côte d’Ivoire have favoured child labour. Thus, despite the political fight against this phenomenon, it’s remains a concern. This research therefore aims to identify the determinants of child labour in Côte d’Ivoire, using 2005 data from the national survey on child labour with 5,571 children. The descriptive statistic showed that 1,509 (27.09%) were in child labour category: 743 boys (27.04%) and 766 girls (27.14%). The estimated multinomial logit presented that household poverty and low level of parent’s education remains a determinant of child labour. In addition, the permanent employment of the household in agriculture reduces child labour. Thus, policy makers can modernize agriculture. This strategy will allow the use of modern technology inaccessible to children and improve agricultural productivity. With a guaranteed minimum price for agricultural production poor households will earn higher incomes. In addition, targeted free schooling is required.



Analysis of Accuracy Level of Altman Z-Score Model and Springate Model in Measuring the Potential of Financial Distress in Plantations Industries


Authors: Mardaconsita ; Mochamad Soelton
Pages: 16-25
DOI: doi.org/10.32861/ijefr.52.16.25
Abstract
This study aimed to analyze the level of bankruptcy using Altman Z-Score model of modifications and models Springate, the Plantations Company  period 2014-2017. The data used in this research is secondary data, financial data Plantations Company taken from the site www.idx.co.id. Based on the results of this study show that the model of the Altman Z-Score modification Plantations Industries was having financial difficulties which would be potentially bankrupt, it can be seen from the Z-Score of less than 1.1 in the period 2014-2017 and no different from using a model that generates value Springate S-Score <0.862 means that the financial performance Plantations company are experiencing financial difficulties during the 2014-2017 period and potentially going bankrupt.