International Journal of Finance & Banking Studies (2147-4486)最新文献_第9页

Indonesian Logistics Infrastructure: The Performance and Fiscal Support 印尼物流基础设施:绩效与财政支持

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2018-09-12 DOI: 10.20525/IJFBS.V7I2.896

Sigit Setiawan

{"title":"Indonesian Logistics Infrastructure: The Performance and Fiscal Support","authors":"Sigit Setiawan","doi":"10.20525/IJFBS.V7I2.896","DOIUrl":"https://doi.org/10.20525/IJFBS.V7I2.896","url":null,"abstract":"In the globalization and ASEAN Economic Community era, the competitiveness of Indonesian industries to sell goods and services is facing more severe challenges. It is partly due to the low performance of Indonesian logistics sector, and one of the contributing factors to the unsatisfactory logistics is poor logistics infrastructure. In this regard, this paper has several research objectives. The first is to analyze the performance of Indonesia logistics infrastructure in the past decade. The second is to analyze Indonesian logistics infrastructure development with its relevant fiscal policy support and evaluate its short-term progress. The research method adopted in this study is descriptive analytical method. In comparison with other countries, especially ASEAN region, the performance of Indonesian logistics infrastructure over the past decade tends to be steadily incompetitive, below the average of ASEAN countries. It is found to be one of the prime determinants of the high logistics costs in Indonesia. The government serious attention and the consistency of its policy towards improving logistics infrastructure during the 2014-2019 period has been partially seen, but the program sustainability is required in subsequent periods. In the short term, a temporary evaluation until 2017 of the sea toll program integrated with the construction of logistics infrastructure shows a positive impact. The positive impact is indicated from the decreasing prices of basic necessities in the eastern region of Indonesia by 20%-40%, and the economic revival of Eastern Indonesia region due to currently cheaper transportation costs.","PeriodicalId":225020,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"106 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-09-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115808101","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

Does Credit Risk Management affect the Financial Performance of Commercial Banks in Kosovo? 信用风险管理是否影响科索沃商业银行的财务绩效?

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2018-09-12 DOI: 10.20525/IJFBS.V7I2.902

Rrustem Asllanaj

引用次数: 6

Effect of Interest Rate Determinants on the Aggregate Performance of Deposit Money Banks in Nigeria’s Banking Sector 利率决定因素对尼日利亚银行业存款银行总体绩效的影响

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2018-06-30 DOI: 10.20525/IJFBS.V6I6.849

O. Owolabi, Ibukun Omoshola Fayemi

引用次数: 1

Influence of Alternative Financing on the Relationship between Firm Size and Efficiency of Small and Medium Enterprises in Kenya 替代融资对肯尼亚中小企业规模与效率关系的影响

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2018-06-30 DOI: 10.20525/IJFBS.V6I6.852

Jackson Njau Waweru, Kennedy M Waweru, K. Wanjau, Josphat k. Kinyanjui

{"title":"Influence of Alternative Financing on the Relationship between Firm Size and Efficiency of Small and Medium Enterprises in Kenya","authors":"Jackson Njau Waweru, Kennedy M Waweru, K. Wanjau, Josphat k. Kinyanjui","doi":"10.20525/IJFBS.V6I6.852","DOIUrl":"https://doi.org/10.20525/IJFBS.V6I6.852","url":null,"abstract":"Globally, small and medium-size enterprises(SMEs) hold great economic growth potential, however their mortality rate is high, due to lack of credit. The SMEs mortality rate in Kenya is 90% by the second year. Scholarly endeavors to explore the influence of alternative finance (AF) on operational characteristics - efficiency nexus have received little attention, more so for SMEs who have unique financial needs. Although AF appears to be the preferred mode of financing and maintaining start-ups, its impact on the survival, growth and success of manufacturing SMEs is not well documented in Kenya. This study focused on establishing the influence of alternative financing on the relationship between firm-size and efficiency of SMEs in Kenya. The study used a cross-sectional research design. The target population was SMEs registered with Kenya Association of Manufacturers (KAM). The accessible population was 136 SMEs owner/managers. The study used a self-administered semi structured questionnaire to collect primary and secondary data. Data envelopment analysis was used to measure efficiency of SMEs, multiple regression modeling to analyze relationships and hierarchical moderated multiple regression analysis was used to assess the influence of the moderator. The findings revealed that firm-size positively (β = 0.214, t-value =4.983, P<0.05.) influences efficiency and that alternative finance does moderate (R-Square change 11.1 %) firm size relationships with efficiency. The study recommends that owner/managers of manufacturing SMEs in Kenya should give attention to opportunities for sustainable increase in firm size to improve their efficiency.","PeriodicalId":225020,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"37 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116907501","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

Macroeconomic Stabilization Goal, Policy And Instruments 宏观经济稳定的目标、政策和工具

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2018-06-30 DOI: 10.20525/IJFBS.V6I6.858

Emeka Nkoro, Aham Kelvin Uko

引用次数: 0

Banks’ profitability determinants in post-crisis European Union 危机后欧盟银行盈利能力的决定因素

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2018-03-13 DOI: 10.20525/IJFBS.V7I1.847

Marcin Korytowski

{"title":"Banks’ profitability determinants in post-crisis European Union","authors":"Marcin Korytowski","doi":"10.20525/IJFBS.V7I1.847","DOIUrl":"https://doi.org/10.20525/IJFBS.V7I1.847","url":null,"abstract":"The purpose of this article is to examine the impact of selected internal and external factors on a bank’s profitability. The research investigates the impact of operational size, liquidity, risk appetite, management efficiency, product diversification, concentration, GDP growth and inflation change on the profitability of sample of 4179 European commercial banks for the period between 2011 and 2015. The input data were obtained from the Orbis Focus and the World Bank databases. The determinants were used to construct two models with ROAA and ROAE as a proxies and regression analysis using between groups panel approach was conducted. It has been found that growing economy impacts banks’ profitability positively. It has been robustly confirmed that management efficiency, product diversification, market concentration and inflation result in decreased profitability. The operational size has been found to be negatively linked to changes in net results but was confirmed only with ROAA model. Similarly, statistically significant results with regard to liquidity were found only for ROAA model and the correlation was positive. The strong negative impact of market concentration on profitability is an interesting finding allowing for further exploration of reasons for this unexpected vector of correlation.","PeriodicalId":225020,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-03-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116478368","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: 10

Influence of Alternative Financing on the Relationship between Managerial Competency and Efficiency of Small and Medium Enterprises in Kenya 替代融资对肯尼亚中小企业管理能力与效率关系的影响

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2018-03-13 DOI: 10.20525/IJFBS.V7I1.853

Jackson Njau Waweru, Kennedy M Waweru, K. Wanjau, Josphat k. Kinyanjui

{"title":"Influence of Alternative Financing on the Relationship between Managerial Competency and Efficiency of Small and Medium Enterprises in Kenya","authors":"Jackson Njau Waweru, Kennedy M Waweru, K. Wanjau, Josphat k. Kinyanjui","doi":"10.20525/IJFBS.V7I1.853","DOIUrl":"https://doi.org/10.20525/IJFBS.V7I1.853","url":null,"abstract":"Worldwide, Small and medium-size enterprises (SMEs) exhibit inimitable financial needs. While SMEs remain fundamental to economic growth, their mortality rate in Kenya approaches 90% by the second year, mainly owing to lack of credit. However, scholarly endeavors exploring the impact of alternative finance (AF) on managerial competency - efficiency nexus for manufacturing SMEs have received little attention in Kenya. To resolve this conundrum, a thorough study to investigate how AF impacts managerial competency - efficiency nexus is necessary. The study used a cross-sectional research design, employing both qualitative and quantitative research approaches. The target population was 171 SMEs registered with Kenya Association of Manufacturers. The accessible population was 136 SMEs owners/managers. A semi-structured questionnaire was used to collect primary and secondary data. Data envelopment analysis was used to measure efficiency, multiple regression modeling used to analyze the direct relationships while hierarchical moderated multiple regression analysis employed to test moderation. Partial Least Squares Structural Equation Modeling was used to test robustness of our results. The findings of this study demonstrate that managerial competency positively influences efficiency (? = 0.150, t-value =10.246, P<0.05), and that alternative finance does moderate managerial competency relationships with efficiency (R-Square change of 21.7%). We suggest trainings for manufacturing SME owners/managers in Kenya on the pivotal role of alternative finance to facilitate SMEs achieve higher efficiencies and accelerate economic growth.","PeriodicalId":225020,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"19 2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-03-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132434949","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

Impact of working capital management on profitability of Industrial sector in Iraq. 营运资金管理对伊拉克工业部门盈利能力的影响。

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2018-03-13 DOI: 10.20525/IJFBS.V7I1.837

Sardar Shaker Ibrahim

引用次数: 2

The Convergence of Beta Credit for Micro, Small and Medium Enterprises (MSMEs) in Indonesia’s Provinces 印度尼西亚各省中小微企业(MSMEs)贝塔信贷的趋同

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2018-03-13 DOI: 10.20525/ijfbs.v7i1.856

I. M. Suidarma, I. M. Sara, I. N. Anggaradana, I. G. A. M. A. M. Andriani Pratiwi

{"title":"The Convergence of Beta Credit for Micro, Small and Medium Enterprises (MSMEs) in Indonesia’s Provinces","authors":"I. M. Suidarma, I. M. Sara, I. N. Anggaradana, I. G. A. M. A. M. Andriani Pratiwi","doi":"10.20525/ijfbs.v7i1.856","DOIUrl":"https://doi.org/10.20525/ijfbs.v7i1.856","url":null,"abstract":"The success of SMEs is determined by the business capital and able to give value added to the business more productively. Various financing pattern schemes for SMEs have been provided in various regions and all economic sectors. However, the development of SMEs credit is still concentrated in several regions in Indonesia this can lead to inequality in the growth of SMEs. This study aims to analyze the convergence of absolute beta and conditional beta in the Provinces in Indonesia and calculate the half-time or time required to achieve steady-state conditions of the SME credit convergence process. Convergence test used is beta conditional convergence and absolute convergence with the monthly time period during 2017.1 until 2017.7. The determinant of SMEs convergence of credit in Indonesia is a number of third-party funds. The model used is dynamic panel data regression and the estimation method used is Arellano-Bond Generalized Method of Moment (AB-GMM).The results of the study show that during the study period, there has been a convergence credit process in Indonesia for both absolute and conditional convergence models. The conditional beta-convergence model provides a smaller beta value than the absolute model. The speed of credit growth convergence between provinces in Indonesia with half-time of 6,94 months for the absolute model and the half-time of 6,96 months for the conditional model. ","PeriodicalId":225020,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-03-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130227010","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 role of Exchange Traded Funds in the price discovery process of stocks listed on the Botswana Stock Exchange 交易所交易基金在博茨瓦纳证券交易所上市股票的价格发现过程中的作用

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2017-04-04 DOI: 10.20525/ijfbs.v6i1.662

Edson Kambeu

引用次数: 1