Since the mobile communication technology gains a big success in China, internet finance becomes one of the most emerging industries in China in the past decade. People’s living habits have been deeply changed by this emerging service. Nowadays the majority of Chinese citizens use cellphones to deposit and make payments, rather than use traditional debit and credit cards. They can even scan their cellphones to pay the bus and subway fares. While facilitating people’s lives, internet finance also causes new challenges for the commercial banks in China. It makes financial transactions more efficient and lowers transaction costs. Meanwhile, it also takes some profit sources of traditional commercial banks. This study first analyzes the current developing situation of internet finance in China and then introduce the banks efficiency of Chinese banks. Finally, the profitability that is measure by the ROA and ROE of 15 public commercial banks are chosen as the independent variables that measure the profitability of banks. The market scale of internet finance and its profitability are the independent variables. The study finds that while internet finance continues to develop in China, commercial banks’ profitability keeps a decreasing trend. The test results indicate that with the increase of one percent in total revenue, net income and ROA of the internet finance industry, the commercial banks’ ROA decreases by 0.02%, 0.04 and 2.52%, while ROE reduces by 0.22%, 1.04%, and 3.99% respectively.

Generation of designs allow firms to gain more competitive advantages and attract more potential customers over their competitors. This is a reason why design protection is important. Design protection plays an important role in preventing the authorised use of a firm’s designs by their competitors and the number of applications for design rights each year are high. Apart from a solution to the appropriation problem that design protection provides, firms may have other motivations for seeking its use. This study aims to understand financial motivations of having designs protected, and as such examines the relationship between design rights, profitability and performance of Swedish firms. Pooled OLS regression is applied to analyze the design and financial data from 1,735 Swedish firms from 2003 to 2016. It is shown that European and Swedish national design rights are negatively related to subsequent profitability of Swedish firms. However, for only European design rights, they do show a positive relationship with subsequent performance of Swedish firms.

This thesis selects data from the financial annual report of 15 different kinds of commercial banks in China from 2016 to 2019. Meanwhile, the bank's return on total assets (ROA) and non-interest income ratio (NIIR) are considered as dependent variables and other variables are considered as the independent variables. The aim of this thesis is to examine the effect of third-party payment developments on the profitability of commercial banks and whether the effect is different due to different types of banks. At the end of the thesis, suggestions are proposed for banks to withstand risks and improve supervision. JEL Classification F12 Keywords third-party payment , commercial bank profitability, bank supervision , regression Title The impact of third-party payment on the profitability of commercial banks.

El presente trabajo de investigación tiene como objetivo implementar un pago variable en la empresa minera con el fin de motivar y recompensar a los trabajadores de la empresa mediante el cumplimiento de objetivos de indicadores clave como son la producción, seguridad en el trabajo y el ausentismo del personal. Se realizó un análisis de la industria minera, en donde se establece la importancia de variables que permitan un incremento en la motivación de los trabajadores y a su vez una mejora en los ratios o indicadores de la empresa. La implementación del bono de productividad es parte de la estrategia de la empresa la cual se alinea a los objetivos de la compañía, así también se analizó la situación interna y externa de la empresa, con el fin de asegurar su aplicación y correspondencia con los trabajadores. Se realizó un análisis cuantitativo y cualitativo con expertos del sector, así también con los trabajadores que están dentro del alcance de esta implementación. Con el análisis económico, se estableció los costos de implementación del bono por cada indicador establecido y en base al peso y cumplimiento de cada uno. Finalmente, mediante el análisis financiero, se demuestra la viabilidad de la aplicación del bono de productividad como motivador de los trabajadores y la mejora de los indicadores de gestión empresarial, así como un mayor ingreso adicional. / The objective of this document of work is to implement a variable payment in the mining company to motivate and reward to the employees by meeting the objectives of key indicators such as production, safety and absenteeism. An analysis of the mining industry was carried out, establishing the importance of variables that allow an increase in the motivation of the employees as well as the improvement in the company's ratios or indicators. The implementation of the productivity bonus is part of the company strategy which is aligned with the objectives ​​of the company, and the internal and external situation of the company was also analysed, to ensure its application and correspondence with the employees. A quantitative and qualitative analysis was carried out with experts from the industry, as well as with employees who are within the scope of this implementation. With the economic analysis, the implementation costs of the bonus were established for each indicator based on the weight and the accomplish for each one. Finally, through financial analysis, the viability of applying the productivity bonus as a motivator for employees and the improvement of business management indicators, as well as an additional income, are demonstrated. / Trabajo de investigación

La investigación titulada “Uso de sistema constructivo de prelosas para optimizar tiempo, mejorar costo y margen de las empresas que se dedican a la construcción de edificios multifamiliares no mayores de 12 pisos, caso de estudio A y B”, se desarrolló con el propósito de demostrar que utilizando el sistema constructivo de prelosas, mejorará los plazos, costos y márgenes operativos en la construcción de edificios multifamiliares. La investigación se enfoca en dos proyectos de la empresa Proyec Contratistas Generales S.A, basándose en las mejoras obtenidas en la gestión de los proyectos “Varela 1270” y “Varela 879”. La presente investigación responde a un estudio tipo aplicativo de naturaleza cuantitativa y de diseño descriptivo. Además, introduce conceptos del uso de sistemas constructivos prefabricados, evaluación de plazo, costos y márgenes en los proyectos “Varela 1270” y “Varela 879” para analizar los datos obtenidos y ser comparados con el uso de sistemas constructivos tradicionales. Enfocado en las diferencias existentes entre cada sistema constructivo, que corresponde a una de las causales que repercutieron en el costo y plazo de la ejecución de la obra. El uso del sistema constructivo de prelosas en edificaciones, presenta una diferencia de 20% en el plazo de ejecución respecto a un sistema constructivo tradicional. Además, la eliminación de procesos implícitos como; actividad de tarrajeo de cielo raso, optimización de materiales y mano de obra. Significan un ahorro de S/. 76,921.76 para el proyecto “Varela 1270” (Proyecto A) y S/. 60,553.24 para el proyecto “Varela 879” (Proyecto B). / The research study entitled "Using a preslab construction system to optimize time, improve the cost and margin of companies engaged in the construction of multifamily buildings no larger than 12 floors, case study A and B", was developed with the purpose of demonstrate that using the preslab construction system will improve deadlines, costs and operating margins in the construction of multifamily buildings. The research focuses on two projects of the company Proyec Contratistas Generales S.A, based on the improvements obtained in the management of projects “Varela 1270” and “Varela 879”. This investigation responds to a study of the applicative type of quantitative nature and design is descriptive. In addition, it introduces the concepts of using prefabricated construction systems, deadlines, cost and margin assessment in projects “Varela 1270” and “Varela 879” to analyze the data obtained and be compared with the use of traditional construction systems, focusing on existing differences between each construction system, which corresponds to one of the causalities that affected the cost and timeframe of the execution of the work. The use of the construction system of pre-wears in buildings, has a difference of 20% in the period of implementation compared to a traditional construction system. In addition, the elimination of implicit processes such as; ceiling taraging activity, material optimization and labor. They mean savings of S/. 76,921.76 for the "Varela 1270" (project A) and S/project. 60,553.24 for the "Varela 879" (project B). / Trabajo de investigación

El presente trabajo tiene como objetivo analizar el impacto de la gestión de costos de los inventarios en la rentabilidad de los restaurantes de comida criolla del distrito de Surquillo, durante el año 2018. Para ello, se recopiló datos sobre antecedentes de problemas de gestión en restaurantes y teorías de costos y rentabilidad, mediante información adecuada. Después, se realizó la justificación del tema, planteamiento del problema, limitaciones del estudio y las hipótesis pertinentes. Luego, se aplicó un enfoque mixto, como método de investigación, donde se usaron datos cualitativos y cuantitativos, además de definir la población y tamaño de muestra exactos a investigar. Para obtener los datos cualitativos, se utilizaron entrevistas a profundidad a profesionales expertos en NIIF y expertos en negocios de comida; y para la obtención de datos cuantitativos, se realizaron encuestas a doce restaurantes de comida criolla en Surquillo. También se realizó un caso práctico de un restaurante encuestado, el cual brindó información necesaria para hacer un análisis de sensibilidad sobre sus costos de ordenamiento, almacenamiento y falta de inventarios; así como ratios financieros, del plato más vendido, para determinar los impactos que generan en la rentabilidad. Finalmente, para validar los instrumentos de investigación y las hipótesis, se realizaron pruebas estadísticas, Alfa de Cronbach y Chi Cuadrado; además del análisis de los resultados obtenidos del programa SPSS y del trabajo de campo, para realizar las conclusiones y recomendaciones correspondientes. / The objective of this work is to analyze the impact of inventory cost management on the profitability of Creole food restaurants in the Surquillo district, during the year 2018. To do this, data was collected on the history of restaurant management problems and theories of costs and profitability, through adequate information. Then, the justification of the topic, problem statement, study limitations and the relevant hypotheses were made. Then, a mixed approach was applied, as a research method, where qualitative and quantitative data were used, in addition to defining the exact population and sample size to investigate. To obtain the qualitative data, in-depth interviews were used with IFRS experts and food business experts; and to obtain quantitative data, surveys were carried out at twelve Creole food restaurants in Surquillo. A case study of a surveyed restaurant was also carried out, which provided the necessary information to carry out a sensitivity analysis on its management, storage and lack of inventory costs; as well as financial ratios, of the best-selling dish, to determine the impacts they generate on profitability. Finally, to validate the research instruments and the hypotheses, statistical tests were performed: Cronbach's Alpha and Chi Square; in addition to the analysis of the results obtained from the SPSS program and field work, to make the corresponding conclusions and recommendations. / Tesis

La presente investigación tiene como finalidad determinar la influencia de la rotación de inventarios en la rentabilidad de empresas del sector textil en Lima Centro - Gamarra durante el año 2018. El trabajo está dividido en cinco capítulos. En el primer capítulo, se describirá el sector textil, los antecedentes nacionales e internacionales y los conceptos claves como la rotación de inventarios y la rentabilidad, cada uno bajo sus respectivas definiciones e indicadores. En el segundo capítulo, se presentará el plan de investigación que se ejecutará para la investigación. También se explicará el planteamiento del problema, su justificación y a quiénes aportará la investigación. En el tercer capítulo, se plantea la metodología a utilizar en la investigación, así como el tipo de enfoque cuantitativo, cualitativo y mixto. Además, se define la población y muestra a utilizar para validar las hipótesis planteadas en el capítulo dos. En el cuarto capítulo, se procede a explicar las técnicas utilizadas al recolectar todos los datos necesarios según los enfoques escogidos, en este caso, las entrevistas a profundidad con expertos y las encuestas a la muestra escogida. Además, se incluye un caso práctico para poder dar mayor explicación al tema investigado, otro enfoque de investigación. En el quinto capítulo, se presenta el análisis de los resultados obtenidos en el capítulo cuatro, es decir, mediante entrevistas, encuestas y caso práctico, que nos permiten probar y validar las hipótesis de la presente tesis, para finalmente establecer las conclusiones y recomendaciones de esta investigación. / The purpose of this research is to determine the influence of inventory turnover on the profitability of companies in the textile sector in Lima Centro - Gamarra during 2018. The work is divided into five chapters. In the first chapter, the textile sector, national and international background, and key concepts such as inventory turnover and profitability will be described, each under their respective definitions and indicators. In the second chapter, the research plan to be executed for the research will be presented. The approach to the problem, its justification and who the research will contribute to will also be explained. In the third chapter, the methodology to be used in the investigation is presented, as well as the type of quantitative, qualitative and mixed approach. Furthermore, the population is defined and the sample to be used to validate the hypotheses presented in chapter two. In the fourth chapter, we proceed to explain the techniques used when collecting all the necessary data according to the chosen approaches, in this case, in-depth interviews with experts and surveys of the chosen sample. In addition, a practical case is included to give a greater explanation to the investigated topic, another research approach. In the fifth chapter, the analysis of the results obtained in chapter four is presented, that is, through interviews, surveys and a practical case, which allow us to test and validate the hypotheses of this thesis, to finally establish the conclusions and recommendations of this investigation. / Tesis

More than 50% of small businesses fail by the 5th year of operation because of lack of economic sustainability. Organizations without a chief financial officer (CFO) with financial expertise may have suboptimal fiscal performance. The purpose of this correlational study was to examine whether there was a relationship between CFO licensure status, CFO age, and firm earnings per share. A sample of 403 small businesses in the United States, taken from the Russell 2000 Index, was used in the study. The theoretical framework for the study was Penrose's resource-based view of the firm. CFO names and firm earnings per share were taken from the 2015 SEC 10-K filings. CPAverify was used to determine specific CFO licensure status. LexisNexis was used to identify CFO age. Multiple linear regression was used to examine the relationship between CFO licensure status, CFO age, and firm earnings per share. A multiple regression model with F(2, 400) = 3.69, p = .03, R2 = .018 demonstrated a relationship between CFO licensure status, CFO age, and firm earnings per share ratio. Having a CPA license F(1, 154) = 8.59, p = .01, R2 = .053 revealed a slightly better correlation between licensure status and firm earnings per share. CFO age F(1, 401) = 3.10, p = .08, R2 = .005 revealed no relationship to firm earnings per share. Small business leaders could use this study's findings as the basis for hiring CFOs with financial expertise. Doing so may help increase the firm's profitability and mitigate the risks of business failure. Positive social change may ensue provided small businesses use this study's findings to improve job retention and the economic viability of a community.

This article explores the influence of Chinese third-party payment transaction volume on the profitability of Chinese 15 commercial banks. The article starts from the operating model of third-party payment , and then builds four corresponding models from the four dimensions of deposits, loans, non-interest income, and return on assets to test the impact of third-party payment on the profitability of commercial banks. The article concludes with conclusion and recommendations for commercial banks to mitigate risks, supervise third-party payment platforms, and collaborate with third-party payment platforms. JEL Classification F12 Keywords third-party payment , commercial bank profitability, bank supervision , regression Title The impact of third-party payment on the profitability of Chinese commercial banks.

This thesis deals with performance of a company Horňácká Farma s.r.o. processing and marketing organic beef meat. The goal is to find ways to increase the performance of the farm. Based on the analysis of the current state recommendations to remove bottlenecks in the process have been made. These recommendations generally contribute to higher business performance.