International Journal of Finance & Banking Studies (2147-4486)最新文献_第6页

Analysis of the Determinants for the Publication Speed of Annual Financial Statements 年度财务报表公布速度的影响因素分析

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2022-09-19 DOI: 10.20525/ijfbs.v11i3.2011

Wirmie Eka Putra, Fredy Olimsar

{"title":"Analysis of the Determinants for the Publication Speed of Annual Financial Statements","authors":"Wirmie Eka Putra, Fredy Olimsar","doi":"10.20525/ijfbs.v11i3.2011","DOIUrl":"https://doi.org/10.20525/ijfbs.v11i3.2011","url":null,"abstract":"The purpose of this study is to determine the simultaneous and partial effects of Company Age, Financial Distress, Independent Commissioners, Institutional Ownership, and Profitability on the Publication Speed of Financial Statements. The study population is companies listed on the Indonesian Stock Exchange between 2018-2020. It can draw the following conclusions from the findings: At the same time, Company Age, Financial Distress, Independent Commissioners, Institutional Ownership, and Profitability influence the speed at which financial statements are an issue. In some cases, it may appear that not all variables significantly affect the annual financial report issuance rate. Company Age, Financial Distress, Independent Commissioners, and Profitability affect the Publication Speed of Financial Statements, but Institutional Ownership does not. By considering the impact of Company Age, Financial Distress, Independent Commissioners, Institutional Ownership, and Profitability on the speed of issuing annual financial reports. These companies expect to release yearly financial statements as soon as possible so that they can optimize their performance to attract investors to invest.\u0000 ","PeriodicalId":181605,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131796058","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: 1

Pro-Cyclicality of Provisions for Loan Losses 贷款损失拨备的顺周期性

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2022-08-17 DOI: 10.20525/ijfbs.v11i3.1823

K. Lim

{"title":"Pro-Cyclicality of Provisions for Loan Losses","authors":"K. Lim","doi":"10.20525/ijfbs.v11i3.1823","DOIUrl":"https://doi.org/10.20525/ijfbs.v11i3.1823","url":null,"abstract":"The crux of bank accounting is how to measure and disclose ex ante credit risk, as loan yields and cost of funds are determined by managerial effectiveness and the financial market. This paper examines how the practice of setting up provisions for loan losses by bank managers had changed to preserve regulatory capitals around the 2008 financial crisis. This paper examines the empirical relationship between ex ante credit loss, which is proxied by loan losses provisions, and realized credit loss, which is measured by net charge-off. The empirical relations are examined before, during, and after the 2008 financial crisis to find the patterns of prediction errors of the incurred loss model. This paper obtains evidence that the empirical relation between non-performing assets and provisions for loan losses weakened at the time of a financial crisis. The relations of net charge-offs and allowance for loan losses on provisions for loan losses amplified during a financial crisis by accounting design. After the financial crisis is over, the empirical relation between non-performing assets and provisions for loan losses does not return back to the pre-crisis relation, but to a different, new post-crisis relation. This paper obtains evidence that financially stable banks in terms of the tier 1 capital ratio, return on assets, market-to-book ratio, or dividend payout ratio tend to adjust provisions for loan losses in a larger scale in response to a financial crisis than less stable banks.","PeriodicalId":181605,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133029444","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

Credit Risk in Islamic Banking 伊斯兰银行的信用风险

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2022-08-17 DOI: 10.20525/ijfbs.v11i3.1547

Acu Kusnandar

引用次数: 1

Effects of the ECL Model on Regulatory Capital in European Banks ECL模型对欧洲银行监管资本的影响

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2022-08-13 DOI: 10.20525/ijfbs.v11i3.1926

Manuela Rodrigues Boscia, Jose Alves Dantas, V. Leone, H. Kimura

引用次数: 0

Effects of Emotional Intelligence on the Relationship Between Individual and Contextual Factors on the Quality of Internal Auditing in Federal Educational Institutions in Brazil 情绪智力对巴西联邦教育机构内部审计质量的影响:个体因素与情境因素之间的关系

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2022-07-08 DOI: 10.20525/ijfbs.v11i2.1902

Cristiane Silva Moura, J. O. Imoniana, E. Santos, Luiz Miguel Renda Santos

{"title":"Effects of Emotional Intelligence on the Relationship Between Individual and Contextual Factors on the Quality of Internal Auditing in Federal Educational Institutions in Brazil","authors":"Cristiane Silva Moura, J. O. Imoniana, E. Santos, Luiz Miguel Renda Santos","doi":"10.20525/ijfbs.v11i2.1902","DOIUrl":"https://doi.org/10.20525/ijfbs.v11i2.1902","url":null,"abstract":"This research investigated the effects of individual and contextual factors on the quality of internal audit moderated by emotional intelligence. The research was operationalized from a research instrument consisting of 39 questions, answered by 93 internal auditors from Federal Educational Institutions in Brazil. Descriptive statistics and Structural Equation Modeling were applied. Results showed that individual factors positively and significantly affect the quality of the audit. The work resources, although considered important, did not influence the quality of the audit, unlike the contextual factor of time budget pressure, which affects it positively and significantly. Regarding the moderation of emotional intelligence in individual factors and contextual factors, this was not supported. Thus, concerning the originality, research on the influence of emotional intelligence on the results of the work of the internal auditor is recent in the literatures, this study therefore, boosts the ex ante sources and also support the regulating bodies and practitioners. Finally, as a suggestion for future research, it is recommended that the studies reach the population not investigated in this study, being internal auditors from other sectors of the economy, external auditors or even auditors from the private sector.","PeriodicalId":181605,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"149 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133792056","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 Effect of Capital Structure on Telecommunication Firm Performance 资本结构对电信企业绩效的影响

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2022-06-23 DOI: 10.20525/ijfbs.v11i2.1798

Rizal Ahmad Fauzi, Noer Azam Achsani, Trias Andati, Lukytawati Anggraeni

引用次数: 3

Comparative Causality Analysis for Corporate Governance and Financial Performance of Hungary and Indonesia 匈牙利和印度尼西亚公司治理与财务绩效的比较因果分析

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2022-06-19 DOI: 10.20525/ijfbs.v11i2.1801

Tri Gunarsih, Setiyono, Fran Sayekti, Tamas Novak

{"title":"Comparative Causality Analysis for Corporate Governance and Financial Performance of Hungary and Indonesia","authors":"Tri Gunarsih, Setiyono, Fran Sayekti, Tamas Novak","doi":"10.20525/ijfbs.v11i2.1801","DOIUrl":"https://doi.org/10.20525/ijfbs.v11i2.1801","url":null,"abstract":"This study compares Corporate Governance (CG) between Hungary and Indonesia and analyzes the causality between CG and financial performance in both countries. CG proxy is the ownership structure. In the monitoring function, CG will improve the company's performance. The company's performance, on the other hand, can affect the ownership structure as one of the markets for corporate control in the CG mechanism. The causality test will inform whether the monitoring or market for corporate control is implemented as a CG mechanism. This study uses the Granger causality test to analyze the bi-causality between CG and financial performance. The sample consists of companies listed on the Budapest Stock Exchange (BSX) and the Indonesia Stock Exchange (IDX). The results showed that only two pairs of bi-causality relationships (out of six pairs) occurred in the BSE sample companies, and there were three pairs of bi-causality relationships (out of nine pairs) in the IDX sample companies. This research contributes to the relationship between ownership and firm performance based on agency problems from the perspective of the monitoring function and the market for firm control.","PeriodicalId":181605,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"256 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"120864579","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

A Two-Period Decision Model for Central Bank Digital Currencies and Households 中央银行数字货币和家庭的两期决策模型

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2022-06-02 DOI: 10.20525/ijfbs.v11i2.1789

Guizhou Wang, K. Hausken

{"title":"A Two-Period Decision Model for Central Bank Digital Currencies and Households","authors":"Guizhou Wang, K. Hausken","doi":"10.20525/ijfbs.v11i2.1789","DOIUrl":"https://doi.org/10.20525/ijfbs.v11i2.1789","url":null,"abstract":"Central bank digital currencies (CBDCs) give rise to many possibilities including those of negative interest rates. A two-period decision model is presented between one central bank and one representative household. The central bank applies the Taylor (1993) rule to choose its interest rate. The household allocates its resources strategically to production, consumption, CBDC holding, and non-CBDC holding. The results are determined analytically and illustrated numerically by varying 19 parameter values. Interesting novelties of the article are that the central bank may choose negative CBDC interest rates when the household holds far more CBDC than non-CBDC, for low inflation rates, low real interest rates, low household’s potential production, low weight assigned to inflation in the Taylor (1993) rule, high target inflation rate, and high household’s production parameter. That usually causes the household to decrease its CBDC holding and increase its non-CBDC holding, production and consumption. The central bank may increase its CBDC interest rate to compete with an increasing non-CBDC interest rate if the household’s transaction efficiencies for CBDC and non-CBDC increase, or the household’s transaction efficiency for consumption decreases. Shocks to production, inflation and interest rates are analyzed.","PeriodicalId":181605,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"71 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115562400","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: 3

Comparative Analysis of Households and Digital Currencies for the US, China and Russia 美国、中国和俄罗斯家庭和数字货币的比较分析

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2022-06-02 DOI: 10.20525/ijfbs.v11i2.1790

Guizhou Wang, K. Hausken

{"title":"Comparative Analysis of Households and Digital Currencies for the US, China and Russia","authors":"Guizhou Wang, K. Hausken","doi":"10.20525/ijfbs.v11i2.1790","DOIUrl":"https://doi.org/10.20525/ijfbs.v11i2.1790","url":null,"abstract":"In a two-period decision model, a central bank chooses a CBDC (central bank digital currency) interest rate and a representative household allocates resources into production, consumption, CBDC holding, and non-CBDC holding. The model’s analytical results and a plausible benchmark are compared with the empirics for the US, China and Russia. Interesting novelties of the article are that the model predicts that the US in 2021/2022 should choose rather than 0.125% CBDC interest to combat its high October 2021 empirical inflation of 6.2%. That would induce households to hold more CBDC, hold less non-CBDC, and produce and consume less. In contrast, the model predicts that China should choose a low rather than CBDC interest rate. That would decrease each household’s CBDC holding and increase the low inflation. The model predicts that Russia should choose rather than CBDC interest rate. Russia’s strategy is remarkably consistent with the model’s predictions. The model predicts that the central bank should choose negative CBDC interest rate when the inflation and real interest rate are low, and the inflation target is high. The article shows how extremely high inflation, which increases the CBDC interest rate, makes production and consumption nearly impossible, unless the real interest rate is extremely negative.","PeriodicalId":181605,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126977888","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: 1

The behavioural finance paradigm and the adaptive market hypothesis 行为金融学范式与适应性市场假说

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2022-05-21 DOI: 10.20525/ijfbs.v11i2.1761

Zakhiyya Yousuf, D. Makina

{"title":"The behavioural finance paradigm and the adaptive market hypothesis","authors":"Zakhiyya Yousuf, D. Makina","doi":"10.20525/ijfbs.v11i2.1761","DOIUrl":"https://doi.org/10.20525/ijfbs.v11i2.1761","url":null,"abstract":"This study tests for the applicability of the Adaptive Market Hypothesis (AMH) and Bounded rationality theories on the Johannesburg Stock Exchange (JSE). This is in order to determine the influence of behavioural risk factors on the efficiency of the stock market. Behavioural theories show a gap in the theory of Efficient Market Hypothesis. Using quantile regression, our study established the applicability of the Adaptive Market Hypothesis on the JSE. Past market returns were shown to be significant in predicting future returns and thus did not follow a random walk. The lagged return increased at higher quantiles and differed with changes in market conditions (i.e. pre-financial crisis, financial crisis and post-financial crisis). Thus, the predictability of returns varies with a change in market conditions. This paper is focused on only on the Johannesburg stock exchange in South Africa, more specifically the movement is the all share index. The findings should be able to be applied to emerging and developed economies. Business confidence is found to have a negative relationship with returns showing a lag in time for sentiment to be incorporated in prices. In contrast, consumer confidence is found to have a positive relationship with returns. In summary, investors are shown to be influenced by fundamental and behavioural factors.","PeriodicalId":181605,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"2015 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121335107","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