International Journal of Economics and Financial Issues最新文献_第9页

Exploring Trends and Advancements in Financial Distress Prediction Research: A Bibliometric Study 探索金融困境预测研究的趋势和进展：文献计量学研究

International Journal of Economics and Financial Issues Pub Date : 2024-01-20 DOI: 10.32479/ijefi.15472

Soumya Ranjan Sethi, Dushyant Mahadik, Rajkiran V. Bilolikar

{"title":"Exploring Trends and Advancements in Financial Distress Prediction Research: A Bibliometric Study","authors":"Soumya Ranjan Sethi, Dushyant Mahadik, Rajkiran V. Bilolikar","doi":"10.32479/ijefi.15472","DOIUrl":"https://doi.org/10.32479/ijefi.15472","url":null,"abstract":"Due to the growing complexity and unpredictability of contemporary markets as evidenced by the financial crisis of the past ten years, the field of financial distress prediction (FDP) research is receiving more attention. For creditors, investors, and other stakeholders to make well-informed decisions on their financial relationships with a given entity, financial distress prediction is essential. This paper identified the risk indicators that are the cause of financial distress and latest tools and methods to predict financial distress with identifying the risk management strategies for eradicate the distress condition. In this context, this study explores the landscape of the literature published in this area. We have used systematic and bibliometric approach for studying the existing literature. For the study, we have collected articles from the Scopus database for the period 1985 to 2022. Science mapping technique has been used for the analysis data has been conducted with the help of Vosviewer and Biblioshiny software. Various important component of a literature review like most relevant authors, most relevant sources, keywords co-occurrence network, thematic analysis and others have been explored. The study will help the scholars and future researchers in getting a comprehensive understanding and insights in the concerned field and add to the existing body of literature.","PeriodicalId":30329,"journal":{"name":"International Journal of Economics and Financial Issues","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140502216","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 Monetary Policy Cyclicality in Egypt during Crisis Time: Global Financial Crisis versus COVID-19 Pandemic 考察危机时期埃及的货币政策周期性：全球金融危机与 COVID-19 大流行

International Journal of Economics and Financial Issues Pub Date : 2024-01-20 DOI: 10.32479/ijefi.15473

Hebatalla Atef Emam

{"title":"Examining Monetary Policy Cyclicality in Egypt during Crisis Time: Global Financial Crisis versus COVID-19 Pandemic","authors":"Hebatalla Atef Emam","doi":"10.32479/ijefi.15473","DOIUrl":"https://doi.org/10.32479/ijefi.15473","url":null,"abstract":"Egypt has been exposed to two recent shocks: the global financial crisis of 2008 and the COVID-19 Pandemic of 2020. Though the origin and the implications of the two shocks are quite different, they bear some similarities in terms of the sharp decline in global economic growth and negative implication on the Egyptian economy. The present study attempts to assess the cyclicality of monetary policy in Egypt during the two crises. To this end, both descriptive and econometric techniques are employed in this study to reveal the cyclicality of monetary policy. On the descriptive side, the correlation between the cyclical component of policy rate and that of real GDP is calculated. Moreover, both an ARDL and NARDL approach are estimated to derive the augmented Taylor rule for the cyclical component of policy rate. Two dummy variables reflecting the two crises along with their interaction with output gap are incorporated in the model to disentangle the impact of the two crises upon monetary policy cyclicality. The study concludes that monetary policy in Egypt is more acyclical and that its response to changes in output gap is statistically insignificant, during both normal times and crisis time.","PeriodicalId":30329,"journal":{"name":"International Journal of Economics and Financial Issues","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139523842","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

Sustainable Procurement Practices and Organisational Performance of Small and Medium Enterprises in Ghana 加纳中小企业的可持续采购实践与组织绩效

International Journal of Economics and Financial Issues Pub Date : 2024-01-20 DOI: 10.32479/ijefi.15444

Clement Nangpiire, Francis Oheneba Gyebi, T. Nassè

{"title":"Sustainable Procurement Practices and Organisational Performance of Small and Medium Enterprises in Ghana","authors":"Clement Nangpiire, Francis Oheneba Gyebi, T. Nassè","doi":"10.32479/ijefi.15444","DOIUrl":"https://doi.org/10.32479/ijefi.15444","url":null,"abstract":"\u0000\u0000\u0000This study empirically examines the predictive relationship between sustainable procurement practices and its dimensions (staff competence, sustainable IT infrastructure and top management support) and the performance of Small and Medium Enterprises (SMEs). Using the explanatory research design, structured questionnaires were administered to 317 managers and owners of selected SMEs. The Structured equation modeling (SEM) via Smart PLS 4.0 was used for analyzing and testing the hypotheses. The findings show that top management support and sustainable IT infrastructure have moderately significant and positive impact on SMEs performance whilst staff competence did not have any statistically significant effect on SMEs performance. Even though staff competence did not have a statistically significant effect on SME performance in this context, managers and owners should not avoid training and developing staff competence as it may translate in affecting other aspects of business operation not accounted for by SME performance. Through the lens of the institutional theory, resource-based theory and the theory of altruism, the study proves the predictive relationship between sustainable procurement practices and small and medium enterprises in Ghana.\u0000\u0000\u0000","PeriodicalId":30329,"journal":{"name":"International Journal of Economics and Financial Issues","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139523991","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

Unveiling the Interplay of Institutional Quality, Foreign Direct Investment, Inflation and Domestic Investment on Economic Growth: Empirical Evidence for Latin America 揭示制度质量、外国直接投资、通货膨胀和国内投资对经济增长的相互作用：拉丁美洲的经验证据

International Journal of Economics and Financial Issues Pub Date : 2024-01-20 DOI: 10.32479/ijefi.15580

M. Husnain, Ping Guo, Guoqin Pan, Matarr Manjang

{"title":"Unveiling the Interplay of Institutional Quality, Foreign Direct Investment, Inflation and Domestic Investment on Economic Growth: Empirical Evidence for Latin America","authors":"M. Husnain, Ping Guo, Guoqin Pan, Matarr Manjang","doi":"10.32479/ijefi.15580","DOIUrl":"https://doi.org/10.32479/ijefi.15580","url":null,"abstract":"Uplifting economic growth is crucial for the sustained development and prosperity of an economy. The main objective of this study is to investigate the impact of institutional quality, foreign direct investment (FDI), inflation, and domestic investment on the economic growth of Latin America from 1996 to 2021. The study utilizes a combination of panel unit root testing, cross-sectional dependency testing, panel cointegration testing, and the Panel Autoregressive Distributive Lag (PARDL) technique to shed light on the dynamics of the region's economic development. The panel cointegration techniques confirm the existence of a long-run relationship among the selected variables over the chosen time frame. The PARDL technique is employed to determine the short- and long-run impact of institutional quality, FDI, inflation, and local investment on the economic growth of Latin America. The results show that institutional quality, FDI, and local investment have a significant positive impact on the economic growth of Latin America, while inflation has a negative impact. These findings suggest that policymakers in Latin America should prioritize improving institutional quality, encouraging FDI, and promoting local investment while controlling inflation. A comprehensive economic strategy that considers both short- and long-term dynamics is necessary, highlighting the importance of an integrated approach that recognizes their interaction. The study recommends improving the quality of institutions, especially political stability, to attract FDI and encourage domestic investment by promoting a business-friendly environment, guaranteeing financial accessibility, encouraging innovations, promoting regional and global integration, controlling inflation, reducing income inequality, and raising the standard of living.","PeriodicalId":30329,"journal":{"name":"International Journal of Economics and Financial Issues","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139524085","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 Impact of Fintech Innovation on Bank’s Performance: Evidence from the Kingdom of Bahrain 金融科技创新对银行业绩的影响：巴林王国的证据

International Journal of Economics and Financial Issues Pub Date : 2024-01-20 DOI: 10.32479/ijefi.15512

Hanan Naser, Gavkhar Sultanova, Shamsun Nahar

{"title":"The Impact of Fintech Innovation on Bank’s Performance: Evidence from the Kingdom of Bahrain","authors":"Hanan Naser, Gavkhar Sultanova, Shamsun Nahar","doi":"10.32479/ijefi.15512","DOIUrl":"https://doi.org/10.32479/ijefi.15512","url":null,"abstract":"This study investigates the impact of bank-level Financial Technology (Fintech) innovations on banks’ performance in the Kingdom of Bahrain from 2012-2021. Annual data of banks listed in Bahrain’s Bourse has been utilized to achieve this objective. In addition, bank-level FinTech indices have been constructed by a textual analysis method that assesses input dimensions through 32 keywords under four categories, including artificial intelligence, blockchain, cloud computing, and big data; FinTech output dimension is evaluated through payment and settlement, resource allocation, risk management, and channel construction technology. Using different panel data estimators, such as pooled OLS, fixed effects, random effects, and panel-corrected standard errors linear regression, results show that FinTech innovations increase banks’ performance. In addition, the findings demonstrate that banks' capital adequacy ratio, earnings ability, total assets, and annual GDP growth rate also significantly positively impact bank performance. Years in business have a significant adverse effect on bank performance. Interestingly, conventional and state-owned banks have a higher positive impact on returns on assets (ROA) than Islamic and privately owned banks. Policymakers and investors should pay close attention to facilitating ongoing FinTech innovations in the Kingdom of Bahrain to create opportunities and build a more inclusive and efficient financial sector.","PeriodicalId":30329,"journal":{"name":"International Journal of Economics and Financial Issues","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139611539","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

Fiscal Deficits and Inflation in Ghana 加纳的财政赤字与通货膨胀

International Journal of Economics and Financial Issues Pub Date : 2024-01-20 DOI: 10.32479/ijefi.15116

Solomon Hanson Obeng, A. Abotsi

引用次数: 0

The Construction of a Portfolio Using Varying Methods and the Effects of Variables on Portfolio Return 使用不同方法构建投资组合以及变量对投资组合收益的影响

International Journal of Economics and Financial Issues Pub Date : 2024-01-20 DOI: 10.32479/ijefi.15314

A. Manurung, Nera Marinda Machdar, Jadongan Sijabat, Amran Manurung

{"title":"The Construction of a Portfolio Using Varying Methods and the Effects of Variables on Portfolio Return","authors":"A. Manurung, Nera Marinda Machdar, Jadongan Sijabat, Amran Manurung","doi":"10.32479/ijefi.15314","DOIUrl":"https://doi.org/10.32479/ijefi.15314","url":null,"abstract":"This research aims to explore for portfolio construction using vary method which is Markowitz, Elton Gruber, Equal Weighted, Market Cap, and Safety-First Criterion (Roy and Kataoka Criterion). Data was used monthly data of Kompas 100 Index for period of 2015 to June 2023. The result found that 53 stocks for using Elton Gruber, Equal weighted, market capitalization, Markowitz Method. There is no difference average return for portfolio of Elton Gruber, Equal weighted, market capitalization, Markowitz Method, The research's findings are as follows Roy and Kataoka as representative Safety-first criterion could be used to construct portfolio with determining achievement of minimum return of 0.797% per month with risk premium of 0.2% . Portfolio return using Roy criterion is vary from 3.973% to 13.397% per month and Kataoka criterion has return vary from 8.861% to 15.48% for equal weighted. Then the equal weighted portfolio return is highest than market capitalization weighted Portfolio return. Elton Gruber method also used to construct portfolio, then this method has highest cumulative return compared to others methods. The Market shock affected all portfolio return and Interest rate has affected portfolio return for equal weighted and Elton Gruber Method. Pandemic Era affect portfolio return for Market Capitalization Weighted portfolio.","PeriodicalId":30329,"journal":{"name":"International Journal of Economics and Financial Issues","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140502006","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

How was the SME’s Performance in Oman during Covid-19? Covid-19 期间阿曼中小企业的表现如何？

International Journal of Economics and Financial Issues Pub Date : 2024-01-20 DOI: 10.32479/ijefi.15380

Atallah Firas Al Taha

{"title":"How was the SME’s Performance in Oman during Covid-19?","authors":"Atallah Firas Al Taha","doi":"10.32479/ijefi.15380","DOIUrl":"https://doi.org/10.32479/ijefi.15380","url":null,"abstract":"The paper examines the performance and the challenges faced by SMEs in Oman during Covid-19. The data was collected through primary and secondary sources. A questionnaire of 100 respondents was used. Descriptive analysis and chi-squared test have been employed in the data analysis. The main findings of the study showed despite the adverse effect of the pandame, the SMEs in Oman have performed well and indicated a resilient and adaptable strategy to cope wth the virus. The reason for this could be attributed to their ability to quickly transition to remote work and online operations. During such a challenging period, some businesses managed to thrive due to their ability to identify opportunities and leverage them. Moreover, the study revealed that financial stability and preparedness are key to navigating the pandemic's uncertainties, as businesses focus on risk management, budget planning, and saving money. In response to unexpected disruptions, businesses have become more cautious and strategic in their financial decisions. SME resilience against future crises is enhanced as a result of SMEs adopting more prudent financial practices. The key challenges faced by SMEs during Covid-19 included delivery delays, reduced income for consumers, and regulation changes. The SMEs in Oman devised severalrisk management strategies, such as maintaining backup plans and setting aside funds, reflect a forward-thinking approach. The findings indicate that businesses in Oman are actively seeking ways to minimize disruptions to their operations and mitigate potential risks. Long-term resilience can be built by such strategic thinking.","PeriodicalId":30329,"journal":{"name":"International Journal of Economics and Financial Issues","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139524832","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 Impact of Board of Directors and Islamic Shariah on Company Internal Control: Evidence from Jordan 董事会和伊斯兰教法对公司内部控制的影响：来自约旦的证据

International Journal of Economics and Financial Issues Pub Date : 2024-01-20 DOI: 10.32479/ijefi.15243

I. Amayreh, Husam Ananzeh, Abdullah Salem Bugshan

引用次数: 0

Impact of Remittances on Economic Growth in Africa: An Econometric Analysis 汇款对非洲经济增长的影响：计量经济学分析

International Journal of Economics and Financial Issues Pub Date : 2024-01-20 DOI: 10.32479/ijefi.14867

Md. Zobayer Bin Amir, Md. Khaled Bin Amir

引用次数: 0