International Journal of Finance & Banking Studies (2147-4486)最新文献_第2页

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2024-02-10 DOI: 10.20525/ijfbs.v12i4.3128

Atul K. Saxena, Mohamed I. Jamaloodeen, Adrian Heinz

{"title":"Outcome-Based Education","authors":"Atul K. Saxena, Mohamed I. Jamaloodeen, Adrian Heinz","doi":"10.20525/ijfbs.v12i4.3128","DOIUrl":"https://doi.org/10.20525/ijfbs.v12i4.3128","url":null,"abstract":"The literature laments college students’ lack of financial literacy and their lackadaisical interest in learning. However, our research demonstrates that students can be enticed such that they get interested in acquiring financial skills. Generally, college students live hand-to-mouth and are happy to learn about money-making opportunities (not necessarily financial management). Students were informed that qualified faculty will conduct a series of workshops whereby they will learn financial tools and skills and will also get an opportunity to trade stocks and options first-hand. Literature on pedagogy confirms that experiential learning is the best way to learn. Students also prefer practical, hands-on learning more than listening to a lecture or reading a book. Moreover, if workshops (for which professionals charge exorbitant sums) are offered for free, students’ interest soars, and they enrol in hordes. This is confirmed by our workshops which proved successful in enhancing student interest and imparting financial skills. The workshops were innovative and unique as they were online, interactive, tutored, and free. They were open to students from all majors, faculty, and staff. Students are excited about stock trading but are generally apprehensive of and intimidated by financial options. This was true of our sample of students as well, but the faculty-led, friendly, and riskless environment of hands-on learning provided a great opportunity, and over 100 individuals enrolled in our workshops. A comparison of pre- and post-survey quizzes shows that participants’ interest in, and knowledge of options trading increased significantly due to the workshops. ","PeriodicalId":181605,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"114 20","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139786371","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

Outcome-Based Education 基于成果的教育

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2024-02-10 DOI: 10.20525/ijfbs.v12i4.3128

Atul K. Saxena, Mohamed I. Jamaloodeen, Adrian Heinz

{"title":"Outcome-Based Education","authors":"Atul K. Saxena, Mohamed I. Jamaloodeen, Adrian Heinz","doi":"10.20525/ijfbs.v12i4.3128","DOIUrl":"https://doi.org/10.20525/ijfbs.v12i4.3128","url":null,"abstract":"The literature laments college students’ lack of financial literacy and their lackadaisical interest in learning. However, our research demonstrates that students can be enticed such that they get interested in acquiring financial skills. Generally, college students live hand-to-mouth and are happy to learn about money-making opportunities (not necessarily financial management). Students were informed that qualified faculty will conduct a series of workshops whereby they will learn financial tools and skills and will also get an opportunity to trade stocks and options first-hand. Literature on pedagogy confirms that experiential learning is the best way to learn. Students also prefer practical, hands-on learning more than listening to a lecture or reading a book. Moreover, if workshops (for which professionals charge exorbitant sums) are offered for free, students’ interest soars, and they enrol in hordes. This is confirmed by our workshops which proved successful in enhancing student interest and imparting financial skills. The workshops were innovative and unique as they were online, interactive, tutored, and free. They were open to students from all majors, faculty, and staff. Students are excited about stock trading but are generally apprehensive of and intimidated by financial options. This was true of our sample of students as well, but the faculty-led, friendly, and riskless environment of hands-on learning provided a great opportunity, and over 100 individuals enrolled in our workshops. A comparison of pre- and post-survey quizzes shows that participants’ interest in, and knowledge of options trading increased significantly due to the workshops. ","PeriodicalId":181605,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"13 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139846305","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 Literacy, Emotional Intelligence for Young Investors 面向年轻投资者的金融知识和情商教育

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2024-02-07 DOI: 10.20525/ijfbs.v12i4.3067

Triyonowati Triyonowati, Rika Rahayu

{"title":"Financial Literacy, Emotional Intelligence for Young Investors","authors":"Triyonowati Triyonowati, Rika Rahayu","doi":"10.20525/ijfbs.v12i4.3067","DOIUrl":"https://doi.org/10.20525/ijfbs.v12i4.3067","url":null,"abstract":"Changes in individual activities lead to changes in behavior. In particular, adolescents experience changes in learning and teaching activities, resulting in a gap between the amount of time available and the lack of activities that adolescents can do. It becomes a momentum for adolescents to create new activities, one of which is investing in the capital market. The relationship between emotional intelligence and adolescents’ intention to become investors, as well as the moderating effect of financial literacy in the relationship. These values indicate that the model is suitable enough to explain about 42.8%-52.6% of changes in the relationships tested. Emotional intelligence has a positive effect on adolescents’ intention to become investors, and financial literacy is able to strengthen this influence. This study contributes to a greater understanding of the importance of emotional intelligence and financial literacy when adolescents have the intention to become investors, especially when capital market uncertainty increases. As capital market uncertainty increases, adolescents should be able to assimilate emotional intelligence with their financial literacy to obtain greater returns. It may encourage adolescents to keep choosing their career as an investor. These results have significant theoretical contributions and provide recommendations for industry and policymaker. This can encourage teens to still choose their careers as investors. These results have significant theoretical contributions and provide recommendations for industry and policymakers. ","PeriodicalId":181605,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"108 8","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139794844","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 Literacy, Emotional Intelligence for Young Investors 面向年轻投资者的金融知识和情商教育

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2024-02-07 DOI: 10.20525/ijfbs.v12i4.3067

Triyonowati Triyonowati, Rika Rahayu

{"title":"Financial Literacy, Emotional Intelligence for Young Investors","authors":"Triyonowati Triyonowati, Rika Rahayu","doi":"10.20525/ijfbs.v12i4.3067","DOIUrl":"https://doi.org/10.20525/ijfbs.v12i4.3067","url":null,"abstract":"Changes in individual activities lead to changes in behavior. In particular, adolescents experience changes in learning and teaching activities, resulting in a gap between the amount of time available and the lack of activities that adolescents can do. It becomes a momentum for adolescents to create new activities, one of which is investing in the capital market. The relationship between emotional intelligence and adolescents’ intention to become investors, as well as the moderating effect of financial literacy in the relationship. These values indicate that the model is suitable enough to explain about 42.8%-52.6% of changes in the relationships tested. Emotional intelligence has a positive effect on adolescents’ intention to become investors, and financial literacy is able to strengthen this influence. This study contributes to a greater understanding of the importance of emotional intelligence and financial literacy when adolescents have the intention to become investors, especially when capital market uncertainty increases. As capital market uncertainty increases, adolescents should be able to assimilate emotional intelligence with their financial literacy to obtain greater returns. It may encourage adolescents to keep choosing their career as an investor. These results have significant theoretical contributions and provide recommendations for industry and policymaker. This can encourage teens to still choose their careers as investors. These results have significant theoretical contributions and provide recommendations for industry and policymakers. ","PeriodicalId":181605,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"65 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139854588","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

Performance Evaluation of State-Owned Company Stocks in Indonesia 印度尼西亚国有公司股票的业绩评估

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2024-02-03 DOI: 10.20525/ijfbs.v12i4.3157

D. F. Salim, Indah Amallia Rizki, Nora Amelda Rizal

{"title":"Performance Evaluation of State-Owned Company Stocks in Indonesia","authors":"D. F. Salim, Indah Amallia Rizki, Nora Amelda Rizal","doi":"10.20525/ijfbs.v12i4.3157","DOIUrl":"https://doi.org/10.20525/ijfbs.v12i4.3157","url":null,"abstract":"This study delves into the performance of Indonesian state-owned enterprises (BUMN) stocks from February 2021 to October 2023, attracting investor attention due to their strategic position in the national economy. However, the stock performance during this period exhibited suboptimal movements, failing to surpass the returns of the Indonesia Stock Exchange Composite Index (IHSG). To address this, a prudent investment strategy is essential, encompassing portfolio construction and management. In portfolio construction, the study employs proven smart beta strategies, known for delivering superior returns compared to traditional portfolios. Portfolio management involves testing two strategies: a passive approach utilizing the buy-and-hold technique and an active approach employing portfolio recomposition. This quantitative descriptive study utilizes historical closing price data, forming portfolios based on selected beta groups. Weighting is adjusted, with higher beta stocks receiving a larger allocation in the portfolio. The research compares two beta groups (high and low) and two investment strategies (active and passive) using the Sharpe, Treynor, and Jensen indices. The results indicate that the high-beta group and active strategy outperform, aligning with the investment adage \"high risk, high return.\" The high-beta group yields higher returns due to its increased risk profile, consistent with the notion of high-risk, high-reward investments. The active strategy provides opportunities to discard underperforming stocks and enhance the weighting of well-performing ones during recomposition. These findings are valuable for investors seeking to capitalize on BUMN stocks at lower prices. The study aids in minimizing negative returns (losses) by identifying the most suitable strategy for BUMN portfolios. Investors can leverage this research to make informed decisions and navigate the challenges associated with investing in state-owned enterprises.","PeriodicalId":181605,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"1976 7‐8","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139807461","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

Performance Evaluation of State-Owned Company Stocks in Indonesia 印度尼西亚国有公司股票的业绩评估

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2024-02-03 DOI: 10.20525/ijfbs.v12i4.3157

D. F. Salim, Indah Amallia Rizki, Nora Amelda Rizal

{"title":"Performance Evaluation of State-Owned Company Stocks in Indonesia","authors":"D. F. Salim, Indah Amallia Rizki, Nora Amelda Rizal","doi":"10.20525/ijfbs.v12i4.3157","DOIUrl":"https://doi.org/10.20525/ijfbs.v12i4.3157","url":null,"abstract":"This study delves into the performance of Indonesian state-owned enterprises (BUMN) stocks from February 2021 to October 2023, attracting investor attention due to their strategic position in the national economy. However, the stock performance during this period exhibited suboptimal movements, failing to surpass the returns of the Indonesia Stock Exchange Composite Index (IHSG). To address this, a prudent investment strategy is essential, encompassing portfolio construction and management. In portfolio construction, the study employs proven smart beta strategies, known for delivering superior returns compared to traditional portfolios. Portfolio management involves testing two strategies: a passive approach utilizing the buy-and-hold technique and an active approach employing portfolio recomposition. This quantitative descriptive study utilizes historical closing price data, forming portfolios based on selected beta groups. Weighting is adjusted, with higher beta stocks receiving a larger allocation in the portfolio. The research compares two beta groups (high and low) and two investment strategies (active and passive) using the Sharpe, Treynor, and Jensen indices. The results indicate that the high-beta group and active strategy outperform, aligning with the investment adage \"high risk, high return.\" The high-beta group yields higher returns due to its increased risk profile, consistent with the notion of high-risk, high-reward investments. The active strategy provides opportunities to discard underperforming stocks and enhance the weighting of well-performing ones during recomposition. These findings are valuable for investors seeking to capitalize on BUMN stocks at lower prices. The study aids in minimizing negative returns (losses) by identifying the most suitable strategy for BUMN portfolios. Investors can leverage this research to make informed decisions and navigate the challenges associated with investing in state-owned enterprises.","PeriodicalId":181605,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"4 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139867551","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

An In-Depth Analysis of Credit, Capital, and Operational Risks on Regional Development Banks' Performance Amidst the Covid-19 Pandemic 深入分析信贷、资本和运营风险对 Covid-19 疫情中地区发展银行业绩的影响

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2023-12-20 DOI: 10.20525/ijfbs.v12i3.3062

Sutrisno Sutrisno

{"title":"An In-Depth Analysis of Credit, Capital, and Operational Risks on Regional Development Banks' Performance Amidst the Covid-19 Pandemic","authors":"Sutrisno Sutrisno","doi":"10.20525/ijfbs.v12i3.3062","DOIUrl":"https://doi.org/10.20525/ijfbs.v12i3.3062","url":null,"abstract":"The Covid-19 pandemic has hit the world since the end of 2019 and has damaged the world economy, including Indonesia. Banking as a financial institution that provides funding to companies is also affected. Because the pandemic has reduced the company's performance, and this decline in performance has had an impact on banking. The aim of this research is to test whether the Covid-19 pandemic has an impact on the relationship between risk factors and bank performance. Bank performance is measured by profitability which consists of return on assets (ROA) and return on equity (ROE), while bank risk in this study consists of credit risk, liquidity risk, capital, operational risk and the Covid-19 pandemic. The population in this research is the Regional Development Banks (BPD) in Indonesia totaling 34 banks with a sample of 30 banks. The observation period was 4 years with quarterly data so that 320 observation data were collected. Hypothesis testing uses panel data regression, and to select the best regression model, the model will be tested using the Chow-test, Hausman-test, and Lagrange Multiplier test. After the model test was carried out, the fixed effect model was selected as the best model. The research results show that credit risk and operational risk have a significant and negative influence on all profitability, both ROA and ROE. Meanwhile, liquidity risk (LDR) has no effect on both types of profitability, while capital has an effect on ROE but has no effect on ROA. Another interesting result is that the Covid-19 pandemic has no impact on the influence of risk on bank performance.","PeriodicalId":181605,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"30 23","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138955699","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 Nexus Between E-Banking, Credit Provision, and Shareholder Dividends in Regional Development Banks 地区发展银行电子银行业务、信贷投放与股东分红之间的关联探索

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2023-12-20 DOI: 10.20525/ijfbs.v12i3.3048

Susfa Yetti, Nela Safelia, Primadi Prasetio

引用次数: 0

The Simultaneous Effect Dividend Policy and Debt Policy 股利政策与债务政策的同步效应

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2023-08-22 DOI: 10.20525/ijfbs.v12i2.2701

Esih Jayanti, Najmudin, I. Rahmawati, Yuni Utami, Yulis Maulida Berniz

引用次数: 0

Impact of Financial Inclusion on Economic Growth and Unemployment 普惠金融对经济增长和失业的影响

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2023-08-17 DOI: 10.20525/ijfbs.v12i2.2770

D. H. Wibowo, Yulia Estri Mardani, Muhammad Iqbal