RECORDS FOR EFFECTIVE EXCHANGE PROGRAMME AT THE UNIVERSITY OF CAPE COAST CENTER FOR INTERNATIONAL EDUCATION: CONTENT, STUDENTS’ PARTICIPATION, RELEVANCE AND CHALLENGES | Author : JOHN WINDIE ANSAH, JACOB NUNOO, AND AMANDA ODOI | Abstract | Full Text | Abstract :Maintaining scholarly contacts with countries inside and outside the shore of an institution’s territory for knowledge acquisition has remained paramount in academic circles. The dynamics of the exchange programmes require properly kept records. This study explored the dynamics of exchange programme records by focusing on the aspects of the exchange programmes recorded, the mode of recording, the level students’ participation, the benefits accrued from the records and the challenges associated with recording exchange programme information. With the deployment of ICT facilities, the main issue recorded included students’ profile and their experiences while they were on the exchange programmes. Further, the records on students’ experience have ensured the institutionalization of a pre-traveling orientation programme the content of which is reviewed on the basis of new sets of information obtained. The records also ensured increase in the number of students who go for the exchange programme. The creation of a data base of past students as means of tracking their progress as professionals and the relevance of the exchange programmes on their performance was discovered. The difficulty, however, was the slow pace at which the data base was developed, low level of students’ participation in producing the content of the records and the inability of the records to show how exchange programmes change the attitudes of the students. The study recommended a speedy completion of the data base, increased students’ participation and expansion of the nature of records kept. |
| MEASURING THE MOTIVATING FACTORS FOR SHARE BUYBACK: EVIDENCE FROM MALAYSIAN COMPANIES | Author : AKMA HIDAYU WAHID | Abstract | Full Text | Abstract :This study identifies the motivating factors for share buyback decisions of Malaysian companies. Factor analysis was used to identify the motivating factors of the share buyback decisions. The variables are selected on the basis of prior literature, and factor analysis is used to examine whether these variables are the underlying constructs that motivate companies to exercise share buyback. The study reveals indicator variables like return on equity, earning per share, return on assets and market to book value of equity as the underlying constructs for improvement in the operating performance of the buyback companies. The study also reveals that Intangible assets, capital expenditures and sales are the underlying constructs for undervaluation of companies’ share prices. This result suggests that companies’ potential earnings are merely generated from intangibles. As a result, investors must interpret the earnings with caution focusing on the potential earnings of a buyback company. |
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