IMPACT : International Journal of Research in Business Management

1-6

Authors: PATEL DILIPKUMAR & PATEL ALKABEN

The Financial Statements are generally prepared for the measurement of financial position of a particular company for a particular period of time. The financial statements i.e. (i) Profit and loss account and (ii) Balance sheet provide useful information regarding financial situation of company. The information has its own value, but if some one wants to have better judgment of the concern, he has to analyse them. This paper provides the guidelines about analysis of Profitability ratio of The Waroli Milk Producer Co-operative Ltd. located at Valsad District of Backward area Kaprada Taluka.

17-26

Authors: CH. SHANKAR & K. RAMULU

The concept of risk and return plays a vital role in the investment process, business organization, economic, political, and technological issues/problems. In the paper, three levels have been taken to measure the performance of the Stock Indices. In the first level, the Return (Log Mean), Risk (Standard Deviation), Skewness, Kurtosis and Value at Risk (VaR) have been calculated. In the second level, ranks have been allotted to the Stock Indices based on their return and risk performance using the performance Measures (Sharpe, Treynor, and Jensen). The correlation among the Indices performance has been calculated in the third level. Based on the analysis of results all the indices have been observed to be highly volatile in the year 2008-09, the indices VaR was also high in the year 2008-09. Based on the performance measure results FMCG, Consumer Durables and Auto industry have been placed in the top position compared to all other indices. The indices of Metal, IT and Oil & Gas Industries were placed among the last positions on the basis of performance measure ratios. The Correlation results show that the IT industry and Tech industry have a high Positive correlation and Auto and Metal, Bank and Oil & Gas, Bank and Tech, Oil & Gas and Tech industries have a positive correlation on the basis of last seven years daily returns.

37-44

Authors: R. GOPAL & SATVINDER SINGH BEDI

The perceptions and expectations of outpatients regarding the quality of medical care, general satisfaction and infrastructure are extremely important. A Hospital be it large or small can demonstrate successful performance only when it satisfies the factors of quality and service a patient expects. This study investigates the factors of quality affecting the value of care and patient satisfaction. Patient satisfaction leads to drift in both new and old patients, which hinders the sustainability of any Hospital in the long run. Hospitals that increase the value of care and patient satisfaction ensure patients will revisit and also increase revenue by taking appropriate steps. The importance of being customer centric has been recently realized by the Health Care sector worldwide. In healthcare services it is imperative to analyse the quality of services from the perspective of the patient himself. This study is based on secondary data i.e. literature review and it intends to analyse the utility of established factors of service quality discovered in earlier studies. This study also suggests marketing strategies to hospitals so as to improve their medical services.

63-66

Authors: FELICIA RAMONA BIRĂU

The main objective of this research paper is to highlight the global implications arising in financial modeling modern paradigms. Reliable conceptual arguments and significant empirical evidence suggest the ability of artificial neural networks to predict future behavioral patterns. Moreover, forecasting noisy financial time series based on artificial neural networks lead to more satisfactory results compared to classical statistical methods. In recent past, the seemingly symbiotic relationship between financial theory and practice emphasizes more effective econometric tools for achieving high accuracy results. The analysis of predictive accuracy of artificial neural networks in the field of financial time series constitutes a real challenge in the context of globalization. This particular form of artificial intelligence represent one of the most important issue for further investigation in terms of computational finance.

73-94

Authors: CHARLES CHIDOZIE AJAEGBU

This study investigated the effects of investment promotion on investments in general, and foreign direct investment in particular, in Uganda, since the enactment of the Investment Code Act, 1991. It used mostly secondary data and interviews on investments in Uganda. Analysis was qualitative. The findings showed that Uganda Investment Authority has been promoting investments through trade fairs, missions abroad and investment conferences since 1991. A number of opportunities existed in the entire economy, but some priority sectors were targeted. These included Agriculture, ICT, Energy, Health, Education, Mining and Services such as tourism and finance. In terms of countries, UK, USA, Kenya (EAC), South Africa, India, China, UAE and Singapore were targeted as sources of investment into Uganda. Based on the number of firms licensed, the promotion efforts were effective between 1991 and 1995, but since then other factors have determined foreign direct investment into Uganda such as the discovery of oil in the Albertine region and the credit crunch of the 2009. However, there were some inadequacies and failures. The Act excluded foreign investors from participation in agribusinesses which is so critical and which contributes about 40% to the country’s GDP. In the mining sector, despite huge mineral potentials, the Authority neither provided investors with important investments information like geological data and mineral targets that could be used as a basis for attracting serious investors, nor extension services, training and mining equipment. Also, the Government continued to under-fund the targeted sectors such as tourism. To improve the effectiveness of investment promotion, it was recommended that Government should amend the Act to allow foreigners to engage in agricultural businesses; make available important investment information and other services to investors; provide adequate budgetary support for the targeted sectors; improve infrastructure, especially in power and transportation; and tackle the issue of corruption in the country.