International Journal of Finance & Banking Studies (2147-4486)最新文献

The Impact of Confucian Culture on Corporate Environmental Governance 儒家文化对企业环境治理的影响

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2024-07-15 DOI: 10.20525/ijfbs.v13i2.3427

Xiancong Wu, Meng Hao, Di Wu, Richard Skolnik

{"title":"The Impact of Confucian Culture on Corporate Environmental Governance","authors":"Xiancong Wu, Meng Hao, Di Wu, Richard Skolnik","doi":"10.20525/ijfbs.v13i2.3427","DOIUrl":"https://doi.org/10.20525/ijfbs.v13i2.3427","url":null,"abstract":"Using A-share listed companies in Shanghai and Shenzhen from 2010 to 2019 and the density of Confucian temples and schools near sample company headquarters, this paper uses regression analysis to estimate the impact of Confucian culture on corporate environmental governance. Enterprise environmental capital investment as a percent of total assets is the dependent variable used as a proxy for environmental governance. The log of the number of the number of Confucian temples and Confucian academies within a 200-kilometer radius of the company's registered location plus one is the independent variable. This study finds that the environmental capital expenditures increase by 0.007% for every unit increase in the independent variable. Similar results are found when the radius is expanded to 300 kilometers. The greater the influence of Confucian culture is, the more inclined enterprises are to participate in corporate environmental governance. Additionally, environmental governance information disclosure can be a key influence path for this correlation. Further analysis finds that the relationship between Confucian culture and environmental governance is stronger with more experienced managers, a more developed institutional environment, and after 2015 following the People's Republic of China’s enactment of the Environmental Protection Law. This study expands the literature on the factors that influence Confucian culture on corporate environmental governance, enriches the empirical evidence of the influence of the informal system of corporate environmental governance on enterprise decision-making, and confirms the modern commercial value of Confucian culture. ","PeriodicalId":181605,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"7 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141648705","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

What are the Prospects of Propane-Powered Off-Grid Electricity? 丙烷离网供电的前景如何？

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2024-06-09 DOI: 10.20525/ijfbs.v13i2.3382

Obindah Gershon, Cephalus Wariri

{"title":"What are the Prospects of Propane-Powered Off-Grid Electricity?","authors":"Obindah Gershon, Cephalus Wariri","doi":"10.20525/ijfbs.v13i2.3382","DOIUrl":"https://doi.org/10.20525/ijfbs.v13i2.3382","url":null,"abstract":"The study contributes to the literature on propane's prospects and viability for off-grid energy, implications for stakeholders, and alignment with sustainable energy goal 7. It examines the prospects of propane-powered off-grid electricity in the Nigerian electricity supply industry (NESI). The study assessed propane’s economic viability and environmental implications as a replacement for diesel (AGO). Specifically, the analyses included comparative levelized cost of electricity (LCOE), net present value (NPV) modeling, Monte Carlo simulations, and carbon emissions estimation. The study found that the cost of energy from diesel (AGO) is 1.52 to 2.86 times of grid MYTO tariffs and 1.84 to 3.92 times of the MYTO tariffs for All-in LCOE. The average total LCOEs were 1.01 to 1.63 times for the commercial bank and 1.02 to 1.63 times for the residential estate. The LCOEs for the AGO generators ranged from $0.183 to $0.286 (fuel only) and $0.335 to $0.392 per kWh all-in. These comparative LCOEs are between 110% and 263.8% of the electricity tariff averages in the US (residential: $0.155/kWh and commercial: $0.127/kWh) and the UK (£0.245/kWh) and, accordingly, confirm the expensive nature of AGO-based electricity in Nigeria. Furthermore, the study found that propane-based off-grid energy is a viable substitute for AGO and cheaper than the current Band A tariff of N206.80KWh, with savings between 10.52% and 45.25%. The study also shows that propane is a cleaner and more efficient source of energy that can help reduce greenhouse gas emissions by at least 13.8% and as high as 31.1% depending on the generator-load match efficiency with the associated monetized savings between $9.18 and $20.62 per MT CO2e. The study recommends government incentives and private sector investments towards adopting propane for off-grid electricity, thereby reducing greenhouse gas emissions, achieving Nigeria’s nationally determined contribution (NDC) plan, and promoting sustainable development. ","PeriodicalId":181605,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":" 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141367647","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 and Fiscal Policy Interactions and the Impact of the COVID-19 Pandemic 货币政策与财政政策的相互作用以及 COVID-19 大流行病的影响

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2024-06-08 DOI: 10.20525/ijfbs.v13i1.3384

R. Burdekin, John Horan, Ran Tao

引用次数: 0

Empirical Studies related to Corporate Disclosure on Social Media 与企业在社交媒体上披露信息有关的实证研究

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2024-05-22 DOI: 10.20525/ijfbs.v13i1.3326

T. Mohammed, Aslihan Bozcuk

引用次数: 0

Discovering the relationship between Agri funding and Agri contribution to GDP 探索农业资金与农业对国内生产总值贡献之间的关系

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2024-05-08 DOI: 10.20525/ijfbs.v13i1.3351

Murshida Hossain, Afsana Jahan, A. K. M. A. Rahman

{"title":"Discovering the relationship between Agri funding and Agri contribution to GDP","authors":"Murshida Hossain, Afsana Jahan, A. K. M. A. Rahman","doi":"10.20525/ijfbs.v13i1.3351","DOIUrl":"https://doi.org/10.20525/ijfbs.v13i1.3351","url":null,"abstract":"One of the main goals for Bangladesh is to achieve economic growth by increasing agricultural productivity. I will be conducting research to examine how agricultural financing and contributions impact Bangladesh. The researchers collected yearly time series data from the Bangladesh Bank (BB), Ministry of Finance (MoF), and Bangladesh Bureau of Statistics (BBS) for the period of 2012 to 2022. This article employed the GMM estimation technique using SPSS to examine the short- and long-term relationships between agricultural financing and agricultural contribution, along with other control variables. The findings of the study showed that there are connections between agricultural funding and agricultural contribution in both the short-term and long-term. Additionally, agricultural productivity is affected by various dynamic factors including GDP, inflation, interest rates, and government agricultural spending. The dependent variable in this study was GDP, while the independent variable was agricultural production. Most agricultural processing sectors, along with some agricultural producing sectors, have a greater potential for making money. This research indicates that it would be beneficial to increase agricultural financing in order to support the economic development of Bangladesh. ","PeriodicalId":181605,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":" 20","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140999674","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

Profitability, Dividend Policy and Stock Prices 盈利能力、股利政策和股票价格

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2024-04-17 DOI: 10.20525/ijfbs.v13i1.3293

M. AlAli, Tarek N. AlQamlas, Saif R. AlHajri, Naser S. AlBasri, Abdulaziz S. AlSalem

{"title":"Profitability, Dividend Policy and Stock Prices","authors":"M. AlAli, Tarek N. AlQamlas, Saif R. AlHajri, Naser S. AlBasri, Abdulaziz S. AlSalem","doi":"10.20525/ijfbs.v13i1.3293","DOIUrl":"https://doi.org/10.20525/ijfbs.v13i1.3293","url":null,"abstract":"There has always been controversy among researchers over how dividend policies affect share prices, and this equivocal relationship varies throughout international markets. This study is set to examine the relation between share prices and number of dividend policy and profitability variables. Based on the information from five insurance companies that are listed on Kuwait Stock Exchange (KSE) over the period 2014 and 2022, findings indicates that 55.3% of stock prices could be explained by factors related to profitability and dividend policy. The relationship between stock price, as a dependent variable, and earnings per share (EPS), dividend yield (DY), earning to price ratio (EP), risk premium (RP), and retention ratio (RR), as independent variables, was investigated in this study using OLS regression approach. The results of the regression analysis demonstrated a significant direct relationship between stock price and earnings per share (EPS), suggesting that investors choose highly profitable shares. At the 99% confidence level, the earnings to price ratio (EP) likewise revealed a statistically significant direct relationship with the stock price. At 90% confidence level, risk premium (RP) also shown a substantial direct relationship. The only variable that significantly correlated negatively with share prices was dividend yield (DY), suggesting that investors choose more stable payouts over uncertain future capital gains. Conversely, the retention ratio (RR) demonstrated a negligible direct impact on share prices. ","PeriodicalId":181605,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"32 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140694045","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

Fintech-Based Financial Inclusion in Bangladesh 孟加拉国基于金融科技的普惠金融

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2024-03-17 DOI: 10.20525/ijfbs.v13i1.3227

Rony Kumar Datta

{"title":"Fintech-Based Financial Inclusion in Bangladesh","authors":"Rony Kumar Datta","doi":"10.20525/ijfbs.v13i1.3227","DOIUrl":"https://doi.org/10.20525/ijfbs.v13i1.3227","url":null,"abstract":"Financial inclusion, especially the adoption of fintech, has emerged as a crucial avenue for removing the financial access divides in developing countries, including Bangladesh. Following the comprehensive analysis, this article intends to outline Bangladesh's recent experiences with fintech-based financial inclusion, identify the short-comings and hence make policy suggestions. Being a descriptive research, cross-sectional and observational research approaches are applied for the explanatory analysis of secondary data. Results suggest an urban-rural gap in the implementation of digital financial services, with urban areas consistently having higher rates of fully online branches and a greater number of financial machines. Despite this, the sharp rise in the issuance of active cards is a positive sign suggesting an expansion of consumer base and an adoption of electronic modes of payment. Moreover, inter-bank electronic fund transfers and online banking have experienced increasing uptake, revealing a progressing trend towards digital transactions within the banking industry. Additionally, the study identifies a speedy growth in the number of mobile financial services accounts in both urban and rural areas. This study adds to the exchange of ideas regarding financial inclusion by carrying out a detailed study of Bangladesh's digital financial transformation, exemplifying the accomplishments, obstacles, and future research directions. It highlights the need for targeted policies and ongoing research efforts to build inclusive financial systems to serve the entire society’s interest. Nevertheless, the observations will have both theoretical and practical significance, contributing towards building capability in harnessing technology for sustainability, community uplifting, and shaping a brighter future. ","PeriodicalId":181605,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"5 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-03-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140235205","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

Foreign Aids, Human Capital and Economic Growth 外国援助、人力资本和经济增长

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2024-02-18 DOI: 10.20525/ijfbs.v12i4.3173

M. Saliu

{"title":"Foreign Aids, Human Capital and Economic Growth","authors":"M. Saliu","doi":"10.20525/ijfbs.v12i4.3173","DOIUrl":"https://doi.org/10.20525/ijfbs.v12i4.3173","url":null,"abstract":"This research work examines the impacts of foreign aids and human capital on economic growth of African oil and non-oil producing countries. Adopting the time series data from 2000 to 2021, the study employs Westerlund Error Correction Based panel cointegration test to investigate the impacts of Physical Capital (FA, GCF, FDI), Human Capital (EDU, HLT) and Policy Variables (REV, EXR) on Gross Domestic Product growth rate (GDPgr). Findings from results of the study affirms that there is a long-term co-movement between the GDPgr and the explanatory variables (FA, GCF, FDI, EDU, HLT, REV, EXR) of both African oil and non-oil producing countries. The study also reveals that foreign aids are better effectively put into use in the African non-oil producing countries than in the oil producing countries. Findings in the study equally confirm that financial resources in the African non-oil producing countries are better efficiently spent on human capital and domestic investment than in the African oil producing countries. The study further shows that revenue generation and foreign exchange earnings stimulate growth better in the African oil producing countries than the non-oil countries counterparts in Africa. ","PeriodicalId":181605,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"8 19","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139959348","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

Financial Performance of Bangladeshi Listed Commercial Banks 孟加拉国上市商业银行的财务业绩

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2024-02-13 DOI: 10.20525/ijfbs.v12i4.3170

Rejaul Karim, Md. Mahmud Hasan, Abdul Waaje, Mst. Shahira Hoshain Yesmin, M. Roshid

{"title":"Financial Performance of Bangladeshi Listed Commercial Banks","authors":"Rejaul Karim, Md. Mahmud Hasan, Abdul Waaje, Mst. Shahira Hoshain Yesmin, M. Roshid","doi":"10.20525/ijfbs.v12i4.3170","DOIUrl":"https://doi.org/10.20525/ijfbs.v12i4.3170","url":null,"abstract":"This paper aims to examine the financial performance of Bangladeshi listed commercial banks. The study analyzed the financial performances of banks categorized into three generations—first, second, and third—based on their year of commencement of operations in the country. The data of a total of 24 banks, 8 from each generation, listed in the Dhaka Stock Exchange (DSE), has been collected from audited financial statements for the time period of 13 years, from 2010 to 2022. Data has been analyzed using different ratios of profitability, liquidity, capital adequacy, operational efficiency, and credit risk. The ANOVA test also has been used to make a comparison of profitability—the return on assets (ROA), and return on equity (ROE) of the banks of different generations. According to the results, the average profitability ratios in terms of ROA, and ROE of the second-generation banks showed their credibility than banks of other generations; while first generation banks kept higher liquidity, and capital adequacy with higher credit risk than the banks of other generations. The first-generation banks also showed a lower cost-expense ratio, and a higher efficiency in terms of operation, than the banks in the second and third generations. The research also discovered that the profitability of banks of different generations significantly varies from one another. ","PeriodicalId":181605,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"58 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139779890","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

Financial Performance of Bangladeshi Listed Commercial Banks 孟加拉国上市商业银行的财务业绩

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2024-02-13 DOI: 10.20525/ijfbs.v12i4.3170

Rejaul Karim, Md. Mahmud Hasan, Abdul Waaje, Mst. Shahira Hoshain Yesmin, M. Roshid

{"title":"Financial Performance of Bangladeshi Listed Commercial Banks","authors":"Rejaul Karim, Md. Mahmud Hasan, Abdul Waaje, Mst. Shahira Hoshain Yesmin, M. Roshid","doi":"10.20525/ijfbs.v12i4.3170","DOIUrl":"https://doi.org/10.20525/ijfbs.v12i4.3170","url":null,"abstract":"This paper aims to examine the financial performance of Bangladeshi listed commercial banks. The study analyzed the financial performances of banks categorized into three generations—first, second, and third—based on their year of commencement of operations in the country. The data of a total of 24 banks, 8 from each generation, listed in the Dhaka Stock Exchange (DSE), has been collected from audited financial statements for the time period of 13 years, from 2010 to 2022. Data has been analyzed using different ratios of profitability, liquidity, capital adequacy, operational efficiency, and credit risk. The ANOVA test also has been used to make a comparison of profitability—the return on assets (ROA), and return on equity (ROE) of the banks of different generations. According to the results, the average profitability ratios in terms of ROA, and ROE of the second-generation banks showed their credibility than banks of other generations; while first generation banks kept higher liquidity, and capital adequacy with higher credit risk than the banks of other generations. The first-generation banks also showed a lower cost-expense ratio, and a higher efficiency in terms of operation, than the banks in the second and third generations. The research also discovered that the profitability of banks of different generations significantly varies from one another. ","PeriodicalId":181605,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"91 7","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139839730","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

International Journal of Finance &amp; Banking Studies (2147-4486)最新文献

International Journal of Finance & Banking Studies (2147-4486)最新文献