World Academy of Science, Engineering and Technology, International Journal of Economics and Management Engineering最新文献

{"title":"Maturity Transformation Risk Factors in Islamic Banking: An Implication of Basel III Liquidity Regulations","authors":"H. Mahmood, C. Gan, C. Nguyen","doi":"10.1108/MF-07-2017-0259","DOIUrl":"https://doi.org/10.1108/MF-07-2017-0259","url":null,"abstract":"Maturity transformation risk is one of the leading causes of the global financial crisis. While endorsing the new Basel III liquidity reforms, the Islamic Financial Services Board has suggested a modified NSFR ratio as a structural measure for the maturity transformation function of Islamic banks, allowing for their unique balance sheet structure. The purpose of this paper is to analyze various firm-specific and macroeconomic factors that may significantly affect the maturity transformation risk of these banks.,Using an annual data set of 55 full-fledged Islamic banks from 11 different countries over a period from 2006-2015, this study utilizes a two-step system generalized method of moments estimation technique on an unbalanced panel data.,The empirical results reveal bank size, capital, less-risky liquid assets, risky liquid assets, external funding dependence and market power as significant bank-specific factors in determining maturity transformation risk. However, the authors find no evidence for the effect of bank credit risk on maturity transformation risk in Islamic banking system.,This is the first study that focuses on the measurement of maturity transformation risk and its determinants in Islamic banks in a cross-country context, with regards to new liquidity regulatory requirements as proposed by Islamic Financial Services Board (IFSB) in conjunction with Basel III.","PeriodicalId":121083,"journal":{"name":"World Academy of Science, Engineering and Technology, International Journal of Economics and Management Engineering","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-02-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114148734","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"A Conceptual Model of Social Entrepreneurial Intention Based on the Social Cognitive Career Theory","authors":"A. Tran, H. V. Korflesch","doi":"10.1108/APJIE-12-2016-007","DOIUrl":"https://doi.org/10.1108/APJIE-12-2016-007","url":null,"abstract":"Entrepreneurial intention plays a major role in entrepreneurship academia and practice. However, little is known about the intentions of entrepreneurs in the social area of venture creation. This paper aims to formulate a well-organized model of social entrepreneurial intention.,The paper draws on intention models in entrepreneurship literature in general and social entrepreneurship in particular to identify gaps. Based on these findings, a new conceptual model is formulated.,There is no research to be found which uses the social cognitive career theory (SCCT) to explain about an individual’s intention to become a social entrepreneur, although this theory is recently suggested as an inclusive framework for entrepreneurial intention (Doan Winkel et al., 2011). It is also supportive by the empirical research of Segal et al. (2002). Therefore, a conceptual model of entrepreneurial intention in the field of social entrepreneurship is formulated based on adapting and extending the SCCT.,The paper contributes to the social entrepreneurship literature by providing new insights about social entrepreneurial intention. The result has important implications for theory and practice. In theory, it is the first model offering the SCCT as the background of formation for social entrepreneurial intention, with a distinct perspective of social entrepreneurship as a career. It raises a future direction for researchers to test this model. In practice, this framework provides a broad view of factors that could contribute to the success of the would-be a social entrepreneur.","PeriodicalId":121083,"journal":{"name":"World Academy of Science, Engineering and Technology, International Journal of Economics and Management Engineering","volume":"40 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-12-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134232232","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The Relationship of Entrepreneurial Competencies and Business Success of Malaysian SMEs: The Mediating Role of Innovation and Brand Equity","authors":"A. Umar, R. Ngah","doi":"10.24191/abrij.v2i2.10027","DOIUrl":"https://doi.org/10.24191/abrij.v2i2.10027","url":null,"abstract":"This conceptual paper is to study the relationship of entrepreneurial competencies on business success in the context of Malaysian SMEs. In the recent study, when the business environment is hostile and dynamic, the entrepreneurial competencies are identified as the most important factor in business success. Entrepreneurial competencies are also connected directly to business performance. Beside entrepreneurial competencies, the entrepreneurs should also be competent to create an innovation and brand equity for business growth. The innovation and brand equity contributed to competitive advantages that lead to business growth and success. This paper adopts the Resource Based Theory (RBT) which emphasize that entrepreneurial competencies, innovation, and brand equity are valuable and intangible resources that lead towards the success of business. There is a dearth of studies that have examined the influence of innovation and brand equity on the relationship of entrepreneurial competencies on the success of Malaysian SMEs business. Therefore the current study strives to investigate the mediating impact of innovation and brand equity on the relationship between entrepreneurial competencies and SMEs business success. This conceptual study will contribute to the existing body knowledge as well as to entrepreneurs of Malaysian’s SMEs.","PeriodicalId":121083,"journal":{"name":"World Academy of Science, Engineering and Technology, International Journal of Economics and Management Engineering","volume":"88 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117304630","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The Influence of National Culture on Consumer Buying Behaviour: An Exploratory Study of Nigerian and British Consumers","authors":"Mohamed Haffar, Lombe Ngome Enongene, Mohammed Hamdan, G. Gbadamosi","doi":"10.5281/ZENODO.1127286","DOIUrl":"https://doi.org/10.5281/ZENODO.1127286","url":null,"abstract":"Article published in International Journal of Economics and Management Engineering available open access at https://doi.org/10.5281/zenodo.1127286","PeriodicalId":121083,"journal":{"name":"World Academy of Science, Engineering and Technology, International Journal of Economics and Management Engineering","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126454303","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Entropy Risk Factor Model of Exchange Rate Prediction","authors":"D. J. Stanley, Levan Efremidze, J. Rossouw","doi":"10.5430/IJFR.V8N3P51","DOIUrl":"https://doi.org/10.5430/IJFR.V8N3P51","url":null,"abstract":"We investigate the predictability of an exchange rate with entropy risk factor model, as there is growing evidence that financial markets behave as complex systems. The model is tested on the data of South African Rand (ZAR) exchange rate for the period of 2004-2015. We calculate sample entropy based on the daily data of the exchange rate and conduct empirical implementation of several market timing rules based on these entropy signals. The dynamic investment portfolio based on entropy signals produces better risk adjusted performance than a buy and hold strategy. The returns are estimated on the portfolio values in U.S. dollars. The results raise the potential attractiveness of complex systems analyses, especially the methods of entropy, for foreign exchange market research and applications.","PeriodicalId":121083,"journal":{"name":"World Academy of Science, Engineering and Technology, International Journal of Economics and Management Engineering","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131936776","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"An Analysis Of Institutional Environments On Corporate Social Responsibility Practices In Nigerian Renewable Energy Firms","authors":"B. D. Motilewa, E. K. R. Worlu, G. Agboola, Ayodele Maxwell Olokundun","doi":"10.5281/ZENODO.1125892","DOIUrl":"https://doi.org/10.5281/ZENODO.1125892","url":null,"abstract":"Several studies have proposed a one-size fit all \u0000approach to Corporate Social Responsibility (CSR) practices, such \u0000that CSR as it applies to developed countries is adapted to \u0000developing countries, ignoring the differing institutional \u0000environments (such as the regulative, economic, social and political \u0000environments), which affects the profitability and practices of \u0000businesses operating in them. CSR as it applies to filling institutional \u0000gaps in developing countries, was categorized into four themes: \u0000environmental protection, product and service innovation, social \u0000innovation and local cluster development. Based on the four themes, \u0000the study employed a qualitative research approach through the use \u0000of interviews and review of available publications to study the \u0000influence of institutional environments on CSR practices engaged in \u0000by three renewable energy firms operating in Nigeria. Over the \u0000course of three 60-minutes sessions with the top management and \u0000selected workers of the firms, four propositions were made: \u0000regulatory environment influences environmental protection practice \u0000of Nigerian renewable firms, economic environment influences \u0000product and service innovation practice of Nigerian renewable \u0000energy firms, the social environment impacts on social innovation in \u0000Nigerian renewable energy firms, and political environment affects \u0000local cluster development practice of Nigerian renewable energy \u0000firms. It was also observed that beyond institutional environments, \u0000the international exposure of an organization’s managers reflected in \u0000their approach to CSR. This finding on the influence of international \u0000exposure on CSR practices creates an area for further study. Insights \u0000from this paper are set to help policy makers in developing countries, \u0000CSR managers, and future researchers","PeriodicalId":121083,"journal":{"name":"World Academy of Science, Engineering and Technology, International Journal of Economics and Management Engineering","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127017678","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Reasons behind accounting information tools adopted by Portuguese third sector organizations","authors":"E. Basto, Ofélia Pinto, A. Silva, Amélia Ferreira-da-Silva","doi":"10.5267/J.AC.2020.1.004","DOIUrl":"https://doi.org/10.5267/J.AC.2020.1.004","url":null,"abstract":"","PeriodicalId":121083,"journal":{"name":"World Academy of Science, Engineering and Technology, International Journal of Economics and Management Engineering","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-05-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125216617","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Actual and perceived financial sophistication and wealth accumulation: The role of education and gender","authors":"C. Bannier, M. Neubert","doi":"10.2139/SSRN.2723860","DOIUrl":"https://doi.org/10.2139/SSRN.2723860","url":null,"abstract":"This study examines the role of actual and perceived financial sophistication (i.e., financial literacy and confidence) for individuals' wealth accumulation. Using survey data from the German SAVE initiative, we find strong gender- and education-related differences in the distribution of the two variables and their effects on wealth: As financial literacy rises in formal education, whereas confidence increases in education for men but decreases for women, we observe that women become strongly underconfident with higher education, while men remain overconfident. Regarding wealth accumulation, we show that financial literacy has a positive effect that is stronger for women than for men and that is increasing (decreasing) in education for women (men). Confidence, however, supports only highly-educated men's wealth. When considering different channels for wealth accumulation, we observe that financial literacy is more important for current financial market participation, whereas confidence is more strongly associated with future-oriented financial planning. Overall, we demonstrate that highly-educated men's wealth levels benefit from their overconfidence via all financial decisions considered, but highly-educated women's financial planning suffers from their underconfidence. This may impair their wealth levels in old age.","PeriodicalId":121083,"journal":{"name":"World Academy of Science, Engineering and Technology, International Journal of Economics and Management Engineering","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-02-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130133930","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"A pathway to financial inclusion: mobile money and individual Savings in Uganda","authors":"M. Lwanga, Annet Adong","doi":"10.22004/AG.ECON.253557","DOIUrl":"https://doi.org/10.22004/AG.ECON.253557","url":null,"abstract":"This study provides a micro perspective on the impact that mobile money services have on an individual’s saving behavior using 2013 Uganda FinScope data. The results show that although saving through mobile phones is not a common practice in Uganda, being a registered mobile money user increases the likelihood of saving with mobile money. Using mobile money to save is more prevalent in urban areas and in the central region than in other regions. This can be explained by several factors. First, rural dwellers on average tend to have lower incomes and thus have a lower propensity to save compared with their urban counterparts. Second, poor infrastructure in rural areas in terms of the lack of electricity and poor telecommunication network coverage may limit the use of mobile phones and consequently the use of mobile money as a saving mechanism. Overall, the use of mobile money as a saving mechanism is still very low, which could be partly explained by legal limitations that do not incorporate mobile finance services into mobile money. The absence of interest payments on mobile money savings may also act as a disincentive to save through this mechanism. Given the emerging mobile banking services, there is need to create greater awareness and to enhance synergies between telecoms companies and commercial banks.","PeriodicalId":121083,"journal":{"name":"World Academy of Science, Engineering and Technology, International Journal of Economics and Management Engineering","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-02-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115794872","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Socio Economic Impact and Status of the Islamic Perspective of Veil","authors":"S. Jahangir, Nadeemullah, Yaqoob, Raisa Jahangir","doi":"10.46568/pjgs.v14i1.147","DOIUrl":"https://doi.org/10.46568/pjgs.v14i1.147","url":null,"abstract":"The Persian language word ‘Purdah’ and in Arabic ‘Hajab’ used for veil. Veil used by women for being segregation, protection and escaped from men. In one way or the other veil not invented by Muslims. It continuously used in ancient as well as modern civilizations by women. Developed nations have blamed the use of veil an obstacle in the process of development. Therefore, modern nations have struggled to get rid of the use of veil. They argue that it is a sign of slavery for women and it is an obstacle in the path of development. The modern secular or liberal educated Muslims considered veil as the biggest obstacle for social and economic development. It makes a woman helpless, as being zanjir (chain) in her feet. It has become an obstacle in the process of development for women. It is consider as a tool for segregation among men and women. The so-called Muslims of the modern era are trying to introduce changes in religion by imitation the modern nations of the world. In particular, ways for Muslim woman use of veil in Islam is must. It is a right provided her by religion. It provides her strength. Veil is a sort of obstacle that the splitting of Muslim space between men and women, and has gone auxiliary in creating the gap both in public and in private today. Muslim females deem that veiling is a constraint of modesty and a mark of duty to God; other women squabble that the veil is pinpointing of defense from the patriarchal prioritization of women’s corporeal and sexual pleasant appearance. In the Holy Quran word, ‘Hajab’ is use 7 times. Women adopt Islam is against domination and forceful practice of veil, as a part of teaching of Islam as a protection. This article aims at: (1) historical background of veil and its existence in civilizations, (2) Socio-Economic impact of it on women, (3) Meaning and interpretation of veil in Islamic context, followed by concerted bibliography.","PeriodicalId":121083,"journal":{"name":"World Academy of Science, Engineering and Technology, International Journal of Economics and Management Engineering","volume":"75 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-01-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121684449","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}