International Journal of Accounting and Business Finance最新文献_第2页

USE of Government Assisted Financing by SMES: An Empirical Examination of Canadian SMES using the Financial Growth Cycle 中小企业政府资助融资的使用:利用金融增长周期对加拿大中小企业的实证检验

International Journal of Accounting and Business Finance Pub Date : 2023-07-12 DOI: 10.4038/ijabf.v9i1.138

C. Osakwe, S. Dhaliwal, K. Jagoda

{"title":"USE of Government Assisted Financing by SMES: An Empirical Examination of Canadian SMES using the Financial Growth Cycle","authors":"C. Osakwe, S. Dhaliwal, K. Jagoda","doi":"10.4038/ijabf.v9i1.138","DOIUrl":"https://doi.org/10.4038/ijabf.v9i1.138","url":null,"abstract":"This study examines Small and Mid-sized Enterprises (SMEs) through the lens of the financial growth cycle, which emphasizes that an entity’s financing options change as they change in size, age, and informational transparency. For this study, we examined SMEs in the city of Corner Brook, the second largest city in the province of Newfoundland & Labrador, analyzing their sources of capital while specifically focusing on two main attributes, size and age. Utilizing the financial growth cycle model, we examined how efficiently SME financing needs are being met through the various options available to them as they grow in size and age. We discuss in particular, findings related to government assisted financing, concluding that as SMEs grows older, they are increasingly likely to opt for federally funded financing as a source of capital. In this study, we sampled SMEs in one city (Corner Brook) to empirically test the financial growth cycle paradigm. The paper investigates the role that government sponsored financing plays in overcoming the information opacity problem of SMEs at different stages of the growth cycle. The study observes that government sponsored financing appears to play an important role in SME financing. The finding suggests that firms should consider accessing sources of government financing even at an early stage in the financial growth cycle.","PeriodicalId":198654,"journal":{"name":"International Journal of Accounting and Business Finance","volume":"26 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116448058","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

Examining the Synergies Implication of Merger and Acquisition in Banking Sector: Evidence from Emerging Economy 银行业并购的协同效应:来自新兴经济体的证据

International Journal of Accounting and Business Finance Pub Date : 2023-07-12 DOI: 10.4038/ijabf.v9i1.136

M. Verma, P. Kalyan, P. Ekka

{"title":"Examining the Synergies Implication of Merger and Acquisition in Banking Sector: Evidence from Emerging Economy","authors":"M. Verma, P. Kalyan, P. Ekka","doi":"10.4038/ijabf.v9i1.136","DOIUrl":"https://doi.org/10.4038/ijabf.v9i1.136","url":null,"abstract":"Mergers and acquisitions (M&A) have lately increased in the Indian banking sector with the desire to improve efficiency. It is important to investigate whether the banks are able to gain expected synergies. This study examines the effects of M&A in the banking sector by analyzing M&A transactions between 2014 and 2022. The current paper is built on secondary financial data, whereas outcomes were assessed on three major parameters, i.e. market performance, financial performance, and overall efficiency improvement. The study used different methodologies such as event study, ratio analysis, tabulation, and Wilcoxon rank text to check over different parameters. The findings reveal a significant improvement in market performance and financial performance. No statistically significant improvements were found in profitability, liquidity, and operational efficiency. We conclude that synergy gain cannot be achieved by M&A only. Overall the study gives insight into the value creation through M&A in emerging economies' banking industry and emphasizes the importance of effective integration strategies. The study has implications for the central bank, banks, and policymakers in emerging economies to decide on M&A activities and the development of a robust banking sector.","PeriodicalId":198654,"journal":{"name":"International Journal of Accounting and Business Finance","volume":"20 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121147966","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

Suitability and Relevance of the Fair Value Measurement Under IFRS 13 Vs Historical Cost: Application to the Lebanese Banking Sector 《国际财务报告准则第13号公允价值计量与历史成本的适用性和相关性:在黎巴嫩银行业的应用

International Journal of Accounting and Business Finance Pub Date : 2023-07-12 DOI: 10.4038/ijabf.v9i1.131

K. Feghali, R. M. Jreije, N. Bahnan

{"title":"Suitability and Relevance of the Fair Value Measurement Under IFRS 13 Vs Historical Cost: Application to the Lebanese Banking Sector","authors":"K. Feghali, R. M. Jreije, N. Bahnan","doi":"10.4038/ijabf.v9i1.131","DOIUrl":"https://doi.org/10.4038/ijabf.v9i1.131","url":null,"abstract":"The aim of this research is to discover the opinions of the Lebanese banks regarding the relevance of the fair value method. Furthermore, this study will provide an additional insight into the suitability of the fair value measurement in a developing economy like that of Lebanon, and in an absence of an active financial market. For the benefit of this deductive research, a quantitative methodology was solely employed. Using a questionnaire of 14 questions measured with a Likert Scale (pre-coded questions), and a sample of 61 Lebanese Banks, the data was collected through a combination of some self-administered surveys, and some in person questionnaire-style interviews. The collected data was subjected to statistical tests using SPSS software. The main results showed that Lebanese banks consider the fair value measurement under IFRS 13 relevant compared to the traditional historical cost method. Nevertheless, the relevance of fair value in times of financial turbulence differs from its relevance in times of financial stability. Bearing in mind the limitedness of research on this topic in Lebanon, this paper offers a significant contribution to the field. Upcoming studies will build on this analysis with the help of a larger sample. In addition, Lebanese banks will become more aware about the importance of the switch to the fair value method compared to the historical cost, and will seek to enhance their maturity level in this vein and to imitate international banks’ financial disclosures.","PeriodicalId":198654,"journal":{"name":"International Journal of Accounting and Business Finance","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124002485","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 Empirical Study on the Relationship Between Credit Rating and Banks´ Performance: Evidence from an Emerging Market 信用评级与银行绩效关系的实证研究:来自新兴市场的证据

International Journal of Accounting and Business Finance Pub Date : 2023-07-12 DOI: 10.4038/ijabf.v9i1.135

Abu-Alkheil, G. Khartabiel, Riaz, A., A-Khan

{"title":"An Empirical Study on the Relationship Between Credit Rating and Banks´ Performance: Evidence from an Emerging Market","authors":"Abu-Alkheil, G. Khartabiel, Riaz, A., A-Khan","doi":"10.4038/ijabf.v9i1.135","DOIUrl":"https://doi.org/10.4038/ijabf.v9i1.135","url":null,"abstract":"This paper provides new empirical evidence with respect to the influence of banks´ long- and short-term credit ratings and their volatility performance in the emerging market of Pakistan covering 10-year analysis and a unique and comprehensive data set derived from a sample of Islamic and conventional banks with Islamic windows. The purpose of this paper is to examine the nature of the relationship between Islamic banks´ performance and banks´ credit rating focusing on the emerging market of Pakistan over the period of 2010-2019. To achieve the describing goal, researchers use various quantitative approaches, namely the ordinary least square (OLS) and the Granger causality test. Sample consists of nine conventional banks with Islamic windows and three fully-fledged Islamic banks listed on the Karachi Stock Exchange with credit ratings assigned by the PACRA. Results reveal that banks with higher financial performance have higher long- and short-term ratings, higher GDP growth rates, lower equity to assets ratio, and are smaller in size. Results also array the existence of bidirectional Granger causality between short- and long-term ratings and ROE and a unidirectional Granger causality between trend ROE and trend short- and long-term ratings, respectively.","PeriodicalId":198654,"journal":{"name":"International Journal of Accounting and Business Finance","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116668301","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

Effect of Covid -19 Pandemic on the Performance of Sri Lankan Banks 新冠肺炎疫情对斯里兰卡银行业绩的影响

International Journal of Accounting and Business Finance Pub Date : 2022-12-31 DOI: 10.4038/ijabf.v8i2.128

K. R. K. Harshana, M. Wanniarachchige

引用次数: 0

Adoption of Internet Based Technologies in Accounting: Banking Professionals’ Perception 会计采用互联网技术:银行业专业人士的看法

International Journal of Accounting and Business Finance Pub Date : 2022-12-31 DOI: 10.4038/ijabf.v8i2.122

A. W. J. C. Abeygunasekera

引用次数: 0

Corporate Governance and Carbon Emission Disclosures: Evidence from Sri Lanka 公司治理与碳排放披露:来自斯里兰卡的证据

International Journal of Accounting and Business Finance Pub Date : 2022-12-31 DOI: 10.4038/ijabf.v8i2.130

M. P. M. P. Randunu, H.M.A. Herath, W. Wijekoon

引用次数: 0

Factors Influencing Investment Decisions: A Study of Individual Investors in the Indian Stock Market 影响投资决策的因素:对印度股市个人投资者的研究

International Journal of Accounting and Business Finance Pub Date : 2022-12-31 DOI: 10.4038/ijabf.v8i2.123

R. Mathew, S. R. Kumar

引用次数: 0

Information Selection in Default Prediction: Sri Lankan Bankers’ Perspectives 违约预测中的信息选择:斯里兰卡银行家的视角

International Journal of Accounting and Business Finance Pub Date : 2022-12-31 DOI: 10.4038/ijabf.v8i2.127

J. Fernando, L. Li, G. Hou

引用次数: 0

Covid-19 Induced Herding: A Case of Sectoral Indices of The Indian Stock Market Covid-19引发的羊群效应:以印度股市行业指数为例

International Journal of Accounting and Business Finance Pub Date : 2022-12-31 DOI: 10.4038/ijabf.v8i2.124

J. Joshi, K. Joshi

引用次数: 0