Summary of A Journal Paper: “Early influences on saving behavior: Analysis of British panel data”

Microeconomics Term Paper

“Early influences on saving behavior: Analysis of British panel data” research paper is the work of Sarah Brown and Karl Taylor and it was published in Journal of Banking and Finance 62 (2016) 1-14 in 2015. The purpose of their study is to find out the determinants of saving behavior of children, the relationship between childhood saving behavior and adulthood saving behavior and the influence of parent’s saving behavior on children saving behavior. This study contributes to the existing empirical works on saving by investigating the saving behavior of individuals overtime from childhood (aged 11-15) to early adulthood (aged 17-30). 

Penny Auction Experiment Paper

Authors: Mizuno Thay, Dalin Thea, Dhzamshed Salomov, and Visal Kouy

Abstract: This paper presents our experiment on penny auction theory. Thirty-two participants participated in our experiment and the experiment took place in 2015. We have discovered that the theory of penny auction that stipulates that auctioneers will lose if buyers collaborate with each other is true. There are several strategies for penny auction. One of the strategies is to not involving in penny auction. Another strategies are to be aggressive in order to win a penny auction or bidders can collaborate with each other in order to make auctioneers lose.  

The habit of not respecting time is a concern in our society. What is the impact of the habit of not respecting time on society? For you, what kinds of factors are important to form the habit of respecting time?

Topic statement: Being late is a bad habit and it causes a lot of troubles for Cambodian society.

Respecting time is an essential part of living that can help ensure success in one’s personal life, academic life, or in the workplace. Especially, in this modern era, respecting time is a crucial requirement for all human beings. Everything starts with self-discipline, and if one cannot respect time then he/she cannot lead a successful, productive, or honorable life. Still, there are many people in our society who are reckless about respecting time. This may be a result of not placing value on punctuality. For instance, Khmer people often come late to weddings. All people, not only Cambodians, need to understand that punctuality plays a prominent part in forming good human behavior. There is an idiom saying, “Time is money” (The Free Dictionary). This idiom means that time is extremely valuable, so we should use it wisely and not let it pass idly. The habit of not respecting time is a broad topic, so in this essay, I would like to narrow it down to “being late”. Being late is considered a bad habit and it has long been a concern in our society. In this essay, I would like to discuss the negative effects of the habit of being late on society and the factors that I use to ensure that I will not be late in my personal and academic life.

What could youths do to stop corruption in Cambodia?

Author: Mizuno Thay

Cambodia, my country is ripe with corruption. Based on my experience here, I encounter corruption almost everyday. According to Transparency International, Cambodia was the most corrupted country in ASEAN (2014). There is no exact definition of corruption, but Oxford Dictionary defines “Corruption” as dishonest or fraudulent conduct by those in power, typically involving bribery (Online Oxford Dictionaries). Corruption affects millions of lives in Cambodia as well as in many other countries. For instance, I could not get a good high school education due to graft. My teachers did not teach me thoroughly during their official class hours. They asked me to enroll in their special courses if I want further improvement to my scores and grade. Without the possibility to enroll me in special classes, I ended-up faring badly at my high school education. As one of Cambodian youths, people between 14 and 30 years old as defined by Ministry of Education, Youth, and Sports of Cambodia, I would like to express my opinion on what young Cambodians could do to quell graft in Cambodia.

An analysis of the performance of ACLEDA Bank in 2013

Authors: Borisa Theng, Dany Hout, Mizuno Thay, Norinreaksmey Phalla, Lihour Tang

      I.         Introduction:

a)    Cambodia economy overview

According to the NBC 2013 report the Cambodia economy is expected to growth slightly to 7.6% due to the sustained agricultural growth, increase in the number of tourism, garment export growth, and gradual recovery of construction. Cambodia have shifted from the low income country to the low-middle income country throughout the past two decades due to the high economic growth which raise Cambodia’s GDP per capita to $1,036 in 2013.

In 2013 the year-to-year inflation increased from 1.8% to 4.6% by the end of the year. During 2013 the exchange rate of Khmer Riel against the US dollar was relatively stable with the average exchange rate of 4,043 Riel per US dollar. Cambodia has the foreign reserve of $4,104 million excluding the 12,436.07951 kilograms of gold and SDR 68.37 million. Cambodia has 49 banks, which consist of 36 commercial banks and 9 specialize banks.

In 2013 the deposit was relatively stable with the average of 3.4% for US dollar and 5% for Khmer Riel (Figure 1). For the lending rate in 2013 the USD loans decrease slightly to 10.72% while KHR loan remained around 11.4% throughout the year (Figure 2).

‘Identifying, analyzing and resolving Organizational Behavioral issues in a Real world organization

Authors: Hengjulie Song, Mizuno Thay, Norinreaksmey Phalla, Lihour Tang, Sonida Ngy

      I.         Introduction

Comin Khmere is an engineer solutions provider that also specializes in measurement instrumentation and process automation solutions for the industry. It provides a wide range of engineer services, which include energy audit, security control, power generation, just to mention a few. It was found more than 20 years ago in Cambodia and currently employs more than 1100 employees. Comin Khmere is a subsidiary of Comin Asia, which operates throughout 5 different countries in Southeast Asia: Cambodia, Vietnam, Thailand, Laos, and Myanmar.

From our internship at Comin Khmere, we had noticed several profound organizational behavior problems there. First of all, there is a high amount of overtime lately, which makes the salary expense of the company to increase largely. Secondly, there is an increase of turnover rate in conjunction with a reduction of employment rate due to the amount of staff leaves is not commensurate with the amount of new entrants. Lastly, the employee productivity also plummet as a consequence of high turnover and staff exhaustion due to the declining in the amount of staffs with the same level of work.

Describe the relationship between MRP and ERP

Managing inventory and scheduling works are very important for manufacturing companies. Firms that make products need to know clearly the amount of their inventory on hands, which materials do they need for the productions and in what amount from time to time before they can accept customer orders. Many firms fail or delay to deliver their products to their customers due to their inability to keep track of their inventory, set up appropriate schedules for their works, and/or order inadequate amount of materials for productions. Thanks to the development of technology, organizations now can do a better job at managing their inventory and scheduling their works with the use of enterprise resource planning (ERP) and material requirements planning (MRP). In this essay, I will explain what are ERP and MRP and the relationship between them.