This paper investigates the elements affecting dividend yield in developing Southeast Asian countries—more specifically, Thailand, Malaysia, and Singapore. Examined here are the roles of financial information including debt to equity ratio, free cashflows, property, plant, and equipment (PPE) and total sales with controlling factors of size, institutional ownership, and firm age using both short-run and long-run analytical frameworks including the Error Correction Model and Engle and Granger’s approach. The results reveal different trends in the three nations. Higher debt and free cashflows lower dividend yield in Thailand; institutional shareholders benefit from maintaining greater dividend payouts. Aging companies in Malaysia are more likely to pay more dividends while rising revenues are linked to smaller short-term payouts. Leveraged and asset-heavy companies are more likely to keep paying dividends in Singapore. These discoveries have important ramifications for investors and business management trying to maximize dividend policies and improve shareholder value in developing economies.
This study examined socio-economic factors affecting Micro, Small, and Medium Enterprises (MSME) e-commerce adoption, focusing on gender, income, and education. Using the 2022 National Socio-Economic Survey (Susenas) data, a logistic regression model was employed to analyze key determinants of e-commerce utilization. Additionally, an online survey of 550 MSMEs across 29 provinces was conducted to assess the impact of digitalization on business performance. In comparison, an offline study of 42 MSMEs with low digital adoption provided insights into the barriers hindering digital transformation. A natural experiment was conducted to evaluate the effectiveness of behavioral interventions in promoting the adoption of e-payments and e-commerce. The main contribution of this study lies in integrating large-scale national survey data with experimental approaches to provide a deeper understanding of digital adoption among MSMEs. Unlike previous studies focusing solely on socio-economic determinants, this research incorporated a digital nudging experiment to examine how targeted incentives influenced e-commerce participation. The findings revealed that digital transformation significantly enhanced MSME performance, particularly in turnover, product volume, customer base, and worker productivity. Socio-economic factors such as gender, household head status, and social media access significantly influenced digital adoption decisions. Behavioral nudging proved effective in increasing MSME participation in e-commerce. Although this study was limited to Susenas 2022 data and survey responses, it bridges a critical research gap by linking socio-economic factors with behavioral interventions in MSME digitalization. The findings offer key insights for policymakers in formulating evidence-based strategies to drive MSME digital transformation and e-commerce growth in Indonesia.
Nanoscale zero-valent iron (nZVI) is thought to be the most effective remediation material for contaminated soil, especially when it comes to heavy metal pollutants. In the current high-industrial and technologically advanced period, water pollution has emerged as one of the most significant causes for concern. In this instance, silica was coated with zero-valent iron nanoparticles at 650 and 800 ℃. Ferric iron with various counter-ions, nitrate (FN) and chloride (FC), and sodium borohydride as a reducing agent were used to create nanoscale zero-valent iron in an ethanol medium with nitrogen ambient conditions. X-ray diffraction (XRD) and field emission scanning electron microscopy (FE-SEM) techniques were employed to describe the structures of the generated zero-valent iron nanoparticles. Further, we investigated the electrical properties and adsorption characteristics of dyes such as alizarin red in an aqueous medium. As a result, zero-valent nano iron (nZVI), a core-shell environmental functional material, has found extensive application in environmental cleanup. The knowledge in this work will be useful for nZVI-related future research and real-world applications.
Copyright © by EnPress Publisher. All rights reserved.