Shareholder Activism and Firm Performance: A Review

The paper aims to review the literature on the influence of Shareholder Activism on firm performance including share price, financial performance, corporate governance, and innovation. Many studies have been reviewed to find the relationship between the identified constructs. For this purpose, the review methodology has been used to go through the literature relating to the impact of Shareholder Activism on Firm Performance over the period ranging from 2000 to 2021. Furthermore, the study concludes that shareholder activism significantly affects how well a company performs. However, studies claim that shareholder activism has a favorable impact on a company's performance, while other scholars claim that it has a detrimental effect. However, some researchers have found that the influence is minimal. Moreover, firm performance can be enhanced if a firm's management works in collaboration with activist investors

COVID-19: A Global Pandemic of 21st Century

In last of 2019, the Centers for Disease Control and Prevention started monitoring the outbreak of a new corona virus, SARS-CoV-2, which causes the respiratory illness now known as COVID-19. Authorities first identified the virus in Wuhan, China. More than 82542 case of Corona virus in China at 31 March 2020. Health authorities have identified many other people with COVID-19 around the world. On 31 March 2020, the virus spread more than 750890 People in the World. The World Health Organization (WHO) has declared a public health emergency relating to COVID-19. Since then, this strain has been diagnosed in several residents of world. The CDC have advised that it is likely to spread to more people. COVID-19 has affected at least 213 countries or territories or areas. The first people with COVID-19 had links to an animal and seafood market. This fact suggested that animals initially transmitted the virus to humans. However, people with a more recent diagnosis had no connections with or exposure to the market, confirming that humans can pass the virus to each other. Corona viruses will infect most people at some time during their lifetime. Corona viruses can mutate effectively, which makes them so contagious. Information on the virus is scarce at present. In the past, respiratory conditions that develop from corona viruses, such as SARS and MERS, have spread through close contacts. On 17 February 2020, the Director-General of the WHO presented at a media briefing the following updates on how often the symptoms of COVID-19.However, while some viruses are highly contagious, it is less clear how rapidly corona viruses will spread. Symptoms vary from person-to-person with COVID-19. It may produce few or no symptoms. However, it can also lead to severe illness and may be fatal. On 11 March 2020, WHO declared Novel Corona virus Disease (COVID-19) outbreak as a Pandemic. Keywords: WHO, ICMR, SARS-CoV-2, Bats, Wuhan City, Pneumonia, Respiratory Infection, Pandemi

Potential Assessment and Economic Analysis of Concentrated Solar Power against Solar Photovoltaic Technology

Competition between concentrated solar power and solar photovoltaic has been the subject of frequent debate in recent years based on their cost of fabrication, efficiency, storage, levelized cost of energy, reliability, and complexity of respective technologies. Taking Pakistan as a testbed, a study was conducted to determine which technology is economical in a particular location and climate. The study assesses the meteorological, orographic, and spatial factors that impact the performance and cost of both renewable energy systems. A SWOT analysis, followed by technoeconomic analyses, was conducted to determine suitable sites for setting up solar power plants in Pakistan. A detailed assessment of siting factors for solar power plants was conducted to shortlist the most suitable sites. Based on the results, economic analysis was performed to install 100 MW photovoltaic and parabolic trough power plants at selected locations. The levelized cost of energy for the 100 MW parabolic trough is 10.8 cents/kWh and 12 cents/kWh in best-case scenarios, i.e., for locations of Toba and Quetta, respectively, whereas the LCOEs of 100 MW photovoltaic systems stand comparatively low at 7.36 cents/kWh, 7.21 cents/kWh, 7.01 cents/kWh, 6.82 cents/kWh, 6.02 cents/kWh, and 5.95 cents/kWh in Multan, Bahawalpur, Rahim Yar Khan, Hyderabad, Quetta, and Toba, respectively. The results favor choosing solar PV plants over solar CSP plants in terms of finances in the selected regions. The findings will assist financiers and policymakers in creating better policies in terms of long-term goals.publishedVersio

Facteurs fondamentaux affectant le cours de l'action des sociétés de services de traitement électronique des données (EDP)

Objectif - Cet article vise à analyser l'impact des facteurs fondamentaux sur le cours de l'action des sociétés de services informatiques (EDP) de taille moyenne cotées à la bourse NASDAQ au cours de la période allant de 2016 à 2020. Conception/méthodologie/approche - Les auteurs utilisent des outils statistiques tels que les corrélations de Pearson, le test de multicolinéarité, le test d'autocorrélation, l'ANOVA, l'analyse de régression multiple, la normalité, l'hétéroscédasticité. En outre, en utilisant l'analyse des ratios, les ratios financiers/facteurs fondamentaux, y compris la taille de l'entreprise, le rendement des capitaux propres, le taux de rotation des actifs, le ratio actuel, la marge bénéficiaire nette, le ratio d'endettement, le rendement des actifs, le bénéfice par action et la trésorerie d'exploitation rapport de débit, ont été sélectionnés pour l'étude. Résultats - Les résultats de l'analyse de régression multiple indiquent que le taux de rotation des actifs et la taille de l'entreprise ont un impact significatif négatif tandis que le bénéfice par action a un impact significatif positif. De plus, le ratio d'endettement a un impact positif non significatif alors que le ratio actuel, la marge bénéficiaire nette, le rendement des actifs, le rendement des capitaux propres et le ratio de flux de trésorerie d'exploitation ont un impact négatif non significatif sur le cours de l'action des sociétés expérimentées. En outre, la valeur R au carré montre que le cours de l'action est influencé à 59 % par les facteurs fondamentaux sélectionnés et l'ANOVA illustre que ces facteurs ont un impact significatif combiné sur le cours de l'action. Originalité/valeur - L'étude est l'une des rares à analyser l'influence des facteurs fondamentaux internes sur le cours de l'action des sociétés de services informatiques (EDP) cotées au NASDAQ sur la période 2016-2020