Transparency of financial accounting information in FDI firms will have certain impacts on enhancing responsibilities of FDI investments on society, income and environment. The research aimed to evaluate the association of disposable income and environmental pollution on the investments measured using FDI. The research was specific to the Vietnam compared to Indonesian economy. We use both qualitative and quantitative analysis. In Vietnam, qualitative analysis, synthesis, dialectical materialism and statistics explanation method were used. Then, The research was secondary quantitative and the data was accumulated from World Bank. The time frame considered for this study ranged from 1960 to 2018. For statistical analysis, descriptive statistics, stationarity testing, ARDL assessment and Granger Causality have been used. The results unveiled that both disposable income and environmental pollution are found to have significant effect on the FDI of Vietnam and Indonesia. Moreover, the higher transparency level of financial accounting information in FDI firms, the higher CSR in term of business environment and society for FDI firms. We also propose some recommendations for enhancing financial accounting information transparency in Vietnam. For instance, FDIs firms need to increase transparency in financial statements, internal and external investor financial accounting reports, income distribution, tax and stakeholder payment obligations, internal price transfer policy, etc. Lat bu not least, the research is limited to 2 above countries and no other country has been evaluated. Therefore, in future more countries can be considered for comparative analysis. In furtherance, more factors can be considered in future that affect Vietnam and Indonesian FDI.
This study aims to look at the effect of the investment amount of labor and the minimum wage to economic growth. This study use PLS, and use time series data from 2010 to 2016. The variables in this research are domestic investment variable physical, minimum wage, and the amount of labor work in Indonesia. The results showed that the physical variables domestic investment, domestic investment in non-physical, minimum wage, and the number of workers who work GRDP of East Java but for variable non-physical investments in the country negatively affect the Gross Regional Domestic Product of East Java.
The prime objective of the current study is to investigate the total sovereign debt on the economic growth of Thailand. Since domestic debt is considered to be an economic growth stimulator particularly during the period of recession, therefore, its instruments are intended to analyze in this research. In a country, the lack of funds may negatively influence economic growth, therefore, most countries like to use external debt to finance its expenditures, such as Thailand. This situation can be improved by focusing on these countries developmental research. In Thailand, the information scarcity regarding domestic debt acts as a policy constraint while designing an effective domestic debt mobilization policy. Thus, the present study predominantly aims to investigate the domestic debt effects on Thailand economic growth. The study has examined the domestic debt effects on the economic growth, during 1998-2018. The variables used in this study are extracted from the previous literature and the theoretical framework used in this study. The key variables analyzed are Treasury bills, Government securities, and Investment issues, not forgetting the loans mainly housing loans fund, market loans of Thailand. The study has used the Johansen and Juselius co-integration approach to examine the long run relationship while ECM approach was used to see the speed of adjustment in the short run. Furthermore, we have conducted the Lagrange Multiplier test to all variables to check the presence of autocorrelation. The results show that there is no autocorrelation in the variables. For the instrument of Government securities, we have found that all the variables which are financial sector, social security institutions, insurance companies, and financial sector show a statistically significant result in long run analysis. On the other hand, short run analysis based on ECM model shows that social security institution, insurance companies, financial sector and foreign holders turn to be significant while public sector show insignificant results. The result for ECM also shows that the model is well adjusted in the short run.
In the scientific work the influence of the factor of primary public offer of securities on the macroeconomic security of the country is considered. A comparative description of the main financing attraction tools is presented. The advantages and disadvantages of using IPO in countries with developed stock market and developing countries are explored. The analysis of the development of European and Ukrainian markets of IPOs in terms of impact on general macroeconomic security has been carried out. The relationship between macroeconomic stability and economic development of the IPO is established.
Authors of the article focus on the current issues regarding foreign direct investments and their impact on the economic development of Slovak regions. The aim of this article is to draft overview of stage of current development within the economic and investment policy of the Government of the Slovak Republic to meet the needs of regional development. The introduction part presents the theoretical basis described by local and foreign authors reflecting the level of foreign direct investments use including their influence on the economic progress in particular regions emphasised on the development and promotion of small and medium-sized enterprises. Analysis of the government investment policy is carried out in the specification part underlining the significant role of the Slovak Investment and Trade Development Agency. Stated knowledge provide the theoretical framework for the experimental part of the article. Experimental part of the article by the means of numerical statistics and comparison method analyses and evaluates the level of investment support provided to small and medium-sized regional enterprises through projects sustained by the Slovak Investment and Trade Development Agency within the years 2012 and 2017.Successfully concluded projects concerning the foreign investment aid for the particular Slovak regions are analysed in experimental part, which also quantifies investments based on their contribution to the growth in jobs and provides an overview of the cooperating activities among regions of Slovakia from 2007 to 2017. Contributional outcome of the experimental part of the article is presentation of governmental standards, which are required from regions in order to obtain investment aid while job creation is taken into account. Issued conclusions may inspire further economic operators and authorities responsible in area of social and economic regional development in Slovak republic, regions of other Member States and third countries of Europe as well.