Saudi Journal of Economics and Finance最新文献_第7页

The Impact of Fiscal Policy on Unemployment in Nigeria 财政政策对尼日利亚失业的影响

Saudi Journal of Economics and Finance Pub Date : 2022-08-12 DOI: 10.36348/sjef.2022.v06i08.003

M. Enyoghasim, H. Ogwuru, Glory C. Agu, Abieyuwa E. Igbinedion

引用次数: 0

Performance Evaluation and Growth of Selected Islamic Mutual Funds Schemes: an Analytical Study 选定的伊斯兰共同基金方案的绩效评价和增长:分析研究

Saudi Journal of Economics and Finance Pub Date : 2022-08-11 DOI: 10.36348/sjef.2022.v06i08.002

Dr.Kavita Panjwani, Vikrant Panjwani

{"title":"Performance Evaluation and Growth of Selected Islamic Mutual Funds Schemes: an Analytical Study","authors":"Dr.Kavita Panjwani, Vikrant Panjwani","doi":"10.36348/sjef.2022.v06i08.002","DOIUrl":"https://doi.org/10.36348/sjef.2022.v06i08.002","url":null,"abstract":"The most popular way to invest is through mutual funds in today's world. Profitability is particularly high in the Saudi financial market for mutual fund companies. Investors prefer Islamic mutual funds over non-Islamic mutual funds because they believe they are more secure and risk-free. This research aims to vary the customer preferences toward Islamic mutual funds, which offer higher returns within the Saudi economic market. All these will be identified as victimization sure key facts. With the assistance of those critical facts, a capitalist will analyze dissimilar mutual funds and put his cash in an exceeding fund that fits his exposure perception. This study evaluated the Mutual fund returns using, Maximum returns, Minimum returns, and Average returns compounded by the annual growth rate. The standard deviation and risk per average return (standard deviation/average return) have been used to evaluate the risk and return of the funds. Furthermore, fund managers assess the fund’s performance in terms of –Performance for the existing year (YTD) of the fund. As a result of the research, it was discovered that the overall performance of mutual investments in Saudi Arabia's economic market was better than expected for all the selected funds.","PeriodicalId":153790,"journal":{"name":"Saudi Journal of Economics and Finance","volume":"39 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131729543","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}

引用次数: 0

Monetary Policy and Financial Performance of Consumer Goods Manufacturing Firms: Evidence from Flour Mills Nigeria Plc 货币政策与消费品制造企业财务绩效:来自尼日利亚面粉厂的证据

Saudi Journal of Economics and Finance Pub Date : 2022-08-04 DOI: 10.36348/sjef.2022.v06i08.001

A. Hassan, Z. Ahmad

{"title":"Monetary Policy and Financial Performance of Consumer Goods Manufacturing Firms: Evidence from Flour Mills Nigeria Plc","authors":"A. Hassan, Z. Ahmad","doi":"10.36348/sjef.2022.v06i08.001","DOIUrl":"https://doi.org/10.36348/sjef.2022.v06i08.001","url":null,"abstract":"This study examines the effect of monetary policy on the financial performance of Flour Mills Nigeria plc using an annual dataset from 1990 to 2021. The financial performance is measured as return on assets while monetary policy is a proxy by monetary policy rate. Other control variables in the model are exchange rate, inflation rate and managerial efficiency. In the estimation, this study employed the autoregressive distributed lag (ARDL) model. The results of this study reveal that monetary policy has a significant negative effect on the financial performance of flour mills plc while the exchange rate and inflation rate have no significant influence on the financial performance of the company. The result further suggested that managerial efficiency has a significant positive effect on the financial performance of the sampled firm. According to the results, this study recommended that monetary authorities should cut down the monetary policy rate. The foregoing will serve as an incentive for the company to increase its production operation and in the long will help to boost output and financial performance. Finally, the study recommends the need for the company to strengthen its efforts in improving managerial efficiency because of its positive influence on financial performance.","PeriodicalId":153790,"journal":{"name":"Saudi Journal of Economics and Finance","volume":"5 1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129102969","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}

引用次数: 0

Does Financial Reporting Quality Moderate Factors Affecting Fraud Tendency? 财务报告质量是否能调节影响舞弊倾向的因素?

Saudi Journal of Economics and Finance Pub Date : 2022-07-16 DOI: 10.36348/sjef.2022.v06i07.004

Feiby Novita Wantah, Agustin Fadjarenie, D. Surjandari

{"title":"Does Financial Reporting Quality Moderate Factors Affecting Fraud Tendency?","authors":"Feiby Novita Wantah, Agustin Fadjarenie, D. Surjandari","doi":"10.36348/sjef.2022.v06i07.004","DOIUrl":"https://doi.org/10.36348/sjef.2022.v06i07.004","url":null,"abstract":"This research examines the influence of Narcissism, Board of Directors Bonus Scheme, Age, Gender and Term of Service with the moderating variable of Financial Reporting Quality on the tendency to commit fraud. Research respondents are CEOs of banks listed on the Indonesia Stock Exchange in 2015-2018 and the sampling technique uses the Purposive Sampling method. This study uses statistical regression analysis to see the effect of the independent variable on the dependent variable or the response to the moderating variable. The regression parameter test consists of the F test, to find out whether the independent variable has a simultaneous effect on the response variable or not. Then the t test, to test the effect of the independent variables one by one on the response variable. By using panel data regression modeling using an unweighted Fixed Effect Model and a weighted Fixed Effect Model, also using partial testing on the unweighted Fixed Effect model and the weighted Fixed Effect model. The results showed that panel data regression modeling using the unweighted Fixed Effect Model resulted in a significant simultaneous test, meaning that the variables of narcissism, directors' bonus scheme, age, gender and tenure affect the tendency to commit fraud simultaneously. Partial testing on the unweighted Fixed Effect model shows that individually only the tenure of service variable affects the tendency to commit fraud. The Fixed Effect Model with weights produces significant simultaneous tests, meaning that simultaneously the variables of narcissism, directors' bonus scheme, age, gender and years of service affect the tendency to commit fraud. And a partial test on the Fixed Effect model with weights shows that individually there are no independent variables that affect the tendency to commit fraud.","PeriodicalId":153790,"journal":{"name":"Saudi Journal of Economics and Finance","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133396537","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}

引用次数: 0

Climatic Change and Economic Growth: An Evidence from Low-Income Economies 气候变化与经济增长:来自低收入经济体的证据

Saudi Journal of Economics and Finance Pub Date : 2022-07-13 DOI: 10.36348/sjef.2022.v06i07.003

Faizan Shabir, Muzffar Hussain Dar, Mohammad Azhar Uddin

{"title":"Climatic Change and Economic Growth: An Evidence from Low-Income Economies","authors":"Faizan Shabir, Muzffar Hussain Dar, Mohammad Azhar Uddin","doi":"10.36348/sjef.2022.v06i07.003","DOIUrl":"https://doi.org/10.36348/sjef.2022.v06i07.003","url":null,"abstract":"Climate change is a threat not only to the affected country but to the entire world. Over the last few decades, incidents of climatic change have increased drastically, and these incidents have both direct and indirect impacts on the economy. The United Nations Environment Programme (UNEP) Adaptation Gap Report 2016 warns of the increasing impacts of climatic risks and, as a result, an increase in global adaptation costs. The prediction is that international costs will increase by two to three times by 2030 and four to five times by 2050. This study investigates the short-run and long-term impacts of climate change on economic growth across low-income countries from 2005 to 2018. The study uses the Panel Autoregressive Distributed Lag (PARDL) approach. This model allows us to study both the short-run and long-term effects of climate change on economic growth and capture the possible links in the short run. For the study purposes, twenty-two low-income countries were chosen from almost all continents on the basis of their income levels. The data for the GDP, as a proxy of a country's economic growth, is taken from the World Development Indicators (WDI), and for climate change, we use the global climatic risk index (CRI) developed by German watch (CRI) is used as an explanatory variable in the model. The empirical results show that climatic change, especially weather-related events, negatively impacts the economic growth of low-income countries during the studied period in the long run. But in the short run, climatic change does not significantly affect the economic growth of countries. Moreover, climate change has been severely affecting low-income countries over the last few decades, as reported in the study. As climatic risk increases, the vulnerability in these countries also increases, and this study supports the need for a global mitigation approach.","PeriodicalId":153790,"journal":{"name":"Saudi Journal of Economics and Finance","volume":"48 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128012962","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}

引用次数: 0

Analysis of Factors Affecting CO2 Emissions and the Kuznets Curve Environmental Hypothesis: Study on G-20 Countries 2013-2018 Period CO2排放影响因素分析及库兹涅茨曲线环境假设——以2013-2018年g20国家为例

Saudi Journal of Economics and Finance Pub Date : 2022-07-12 DOI: 10.36348/sjef.2022.v06i07.002

Nanang Rusliana, M. Firmansyah, Ade Komaludin

{"title":"Analysis of Factors Affecting CO2 Emissions and the Kuznets Curve Environmental Hypothesis: Study on G-20 Countries 2013-2018 Period","authors":"Nanang Rusliana, M. Firmansyah, Ade Komaludin","doi":"10.36348/sjef.2022.v06i07.002","DOIUrl":"https://doi.org/10.36348/sjef.2022.v06i07.002","url":null,"abstract":"This study aims to determine the effect of economic growth, population, industrialization, energy consumption and fossil fuel consumption of CO2 emissions in G-20 countries. Panel data is used as a data analysis technique in this study. The variables used are based on the concept of the Environmental Kuznets Curve. The Kuznets hypothesis explains that an increase in economic growth reduces inequality and poverty in a certain period of time (or referred to as the turning point limit). This study focuses on the G-20 countries in the 2013-2018 period. Based on the regression results of the CO2 emission variables (CO2), gross domestic product (GDP), energy consumption (KE), population (JP), industrialization (IND) and fossil fuel consumption (BBF) it was found that all independent variables simultaneously (GDP, KE, JP, IND and BBF) have a significant effect on the dependent variable (CO2). Furthermore, partially significant variables that affect CO2 emissions are GDP, JP, IND and BBF, while the variables that have no significant effect on CO2 emissions are only KE. Support and commitment to policies both nationally and regionally are needed to reduce environmental degradation through inclusive economic growth in G-20 countries.","PeriodicalId":153790,"journal":{"name":"Saudi Journal of Economics and Finance","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129507757","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}

引用次数: 0

The Determinants of Balance of Payments in Nigeria 尼日利亚国际收支平衡的决定因素

Saudi Journal of Economics and Finance Pub Date : 2022-07-06 DOI: 10.36348/sjef.2022.v06i07.001

Adelegan Adelegan, Abiodun Edward, A. Abraham, Anthony O Anthony

引用次数: 0

Analysis of One Data Policy Implementation in the “Satu Data Hulu Sungai Selatan” to Digitalization and Regional Development (Study on Implementation of Website Portal “Satu Data Hulu Sungai Selatan”) “Satu Data Hulu Sungai Selatan”一项数据政策实施对数字化与区域发展的分析(“Satu Data Hulu Sungai Selatan”门户网站实施研究)

Saudi Journal of Economics and Finance Pub Date : 2022-06-29 DOI: 10.36348/sjef.2022.v06i06.003

Nani Yuniarty, M. A. Nur, M. R. Syafari, J. Jamaluddin, Ahmad Yunani

{"title":"Analysis of One Data Policy Implementation in the “Satu Data Hulu Sungai Selatan” to Digitalization and Regional Development (Study on Implementation of Website Portal “Satu Data Hulu Sungai Selatan”)","authors":"Nani Yuniarty, M. A. Nur, M. R. Syafari, J. Jamaluddin, Ahmad Yunani","doi":"10.36348/sjef.2022.v06i06.003","DOIUrl":"https://doi.org/10.36348/sjef.2022.v06i06.003","url":null,"abstract":"The strategy in overcoming obstacles and obstacles in the Implementation of One Data for Hulu Sungai Selatan in accordance with Regent Regulation Number 40 of 2021 in Hulu Sungai Selatan Regency is to increase the disposition factor or attitude of the implementer which has been successfully implemented optimally. In the indicators for the appointment of bureaucrats, all policy implementers carry out their duties with discipline and responsibility. Meanwhile, on the incentive indicator for the One Data Website admin officer in the Website Portal field, there are no incentives given specifically to the administrator of the One Data HSS Website. One Data Officers have been given a salary and Performance Allowance or honorarium according to their duties and functions. One Data Admin, both from the Ministry of Communication and Informatics and from the OPD, received an assignment from the Head of the OPD to fill in sectoral statistical data on the Hulu Sungai Selatan one data portal. In addition, the last factor, namely the bureaucratic structure, has also been successfully implemented. In the Standard Operating Procedures (SOP) indicator, there are already Standard Operating Procedures (SOP) at the Communication and Information Office of Hulu Sungai Selatan Regency in the Regional Digitization Program in carrying out their duties and carried out according to the SOP. In the fragmentation indicator, all communities are carried out equally without being privileged, either from the relevant agencies such as Bappelitbangda or the general public who are looking for data for research purposes and so on.","PeriodicalId":153790,"journal":{"name":"Saudi Journal of Economics and Finance","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125278299","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}

引用次数: 0

MSME Tax Compliance: Impact of E-Commerce Regulation, Implementation of Accounting Standards and Tax Review 中小微企业税务合规:电子商务法规的影响、会计准则的实施和税务审查

Saudi Journal of Economics and Finance Pub Date : 2022-06-29 DOI: 10.36348/sjef.2022.v06i06.004

Feber Sormin

{"title":"MSME Tax Compliance: Impact of E-Commerce Regulation, Implementation of Accounting Standards and Tax Review","authors":"Feber Sormin","doi":"10.36348/sjef.2022.v06i06.004","DOIUrl":"https://doi.org/10.36348/sjef.2022.v06i06.004","url":null,"abstract":"This study aims to determine how the effect of e-commerce tax regulations, implementation of accounting standards and tax review on taxpayer compliance of Micro, Small, Medium Enterprises (MSMEs) in Jakarta and its surroundings. The study is based on the low level of tax compliance in Indonesia and tax revenues that do not reach the target, even though trade transactions, especially e-commerce, continue to grow. The development of e-commerce transactions requires an understanding of e-commerce regulations, implementation of accounting standards and tax reviews to improve tax compliance of MSME actors. This study uses quantitative methods with multiple regression analysis test through statistical data analysis software SPSS. The data used is primary data collected using a questionnaire with 390 respondents data that can be processed. The results of the study prove that the e-commerce regulation variable and tax review have an effect on MSME taxpayer compliance, while the accounting implementation variable has no effect on MSME taxpayer compliance in Jakarta. The results of this study can be used as a reference for the contribution of MSME practices, consideration for making regulations for the government and teaching input on E-Commerce Tax Regulations, Accounting Applications and Tax reviews on MSME taxpayer compliance, as well as being a scientific reference for future study.","PeriodicalId":153790,"journal":{"name":"Saudi Journal of Economics and Finance","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126455592","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}

引用次数: 0

Exploring the Role of Exchange Rate in Driving Market Capitalization in Nigeria 探讨汇率在推动尼日利亚市场资本化中的作用

Saudi Journal of Economics and Finance Pub Date : 2022-06-24 DOI: 10.36348/sjef.2022.v06i06.002

D. Ewubare, Evans Samuel Chukwu, C. Ezekwe

{"title":"Exploring the Role of Exchange Rate in Driving Market Capitalization in Nigeria","authors":"D. Ewubare, Evans Samuel Chukwu, C. Ezekwe","doi":"10.36348/sjef.2022.v06i06.002","DOIUrl":"https://doi.org/10.36348/sjef.2022.v06i06.002","url":null,"abstract":"The centrality of exchange rate in stock market performance cannot be over-emphasized. Thus, this study examined the dynamic effects of exchange rate on market capitalization in Nigeria. The specific objectives are to examine the effects of nominal exchange rate, real effective exchange rate, real interest rate and inflation rate on market capitalization using time series data which were obtained from the WDI and World Federation Exchanges Database between 1993 and 2020. Unit root test, cointegration test, ARDL estimation method, Granger causality tests were applied to analyze the data. The unit root test results showed that only market capitalization is stationary at levels whereas the other variables become stationary at first difference. The bounds cointegration test result revealed that market capitalization has long run relationship with the explanatory variables. The results revealed that real effective exchange rate impacted positively on the market capitalization. This implies that increase in real exchange rate (depreciation of the naira) creates opportunity for increase in the capital market size. The results further revealed that nominal exchange rate has an insignificant positive effect on market capitalization in the short run and long run. This could be linked to the inconsistency that characterizes the official exchange rate policy in Nigeria. It was also found that real interest rate has significant negative effect on market capitalization in the long run. At the same time, inflation rate negatively affected market capitalization. The Granger causality test results showed that a unidirectional causality runs from real interest rate and market capitalization. Given the findings, this study recommends that policymakers should ensure that the exchange rate management prioritizes a realistic and stable exchange rate to boost global competitiveness and improve market capitalization.","PeriodicalId":153790,"journal":{"name":"Saudi Journal of Economics and Finance","volume":"667 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"120881802","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}

引用次数: 0