Retno Setijowati, M. Masyhuri, L. Rahayu, J. Jamhari
{"title":"Sustainability of Agricultural Microfinance Institution: Empirical Evidence from Yogyakarta, Indonesia","authors":"Retno Setijowati, M. Masyhuri, L. Rahayu, J. Jamhari","doi":"10.9790/5933-0802042735","DOIUrl":"https://doi.org/10.9790/5933-0802042735","url":null,"abstract":"Providing sustainable financial services for agriculture continues to be a challenge in spite of billions of dollars having been spent in subsidies to strengthen financial institutions to serve the sector.This study identified factors that influence the sustainability of Agricultural Microfinance Institution (MFI-A) in Yogyakarta, Indonesia. The research applied survey approach by conducting interview towards 111 managers of MFI-Ain Special District of Yogyakarta. The sustainability of the institutions were measure by self-help funding. The factors influencing the sustainability of MFI-Ain Rural Agribusiness Development were analyzed using multiple linear regression analysis technique. The results of the study showed that: the factors which influenced the self-help funding to support the sustainability of MFI-Awere, the credit lending for offarm activity credit screening, monitoring and accompaniment, incentive and sanction mechanism.","PeriodicalId":387621,"journal":{"name":"IOSR Journal of Economics and Finance","volume":"119 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133241973","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}
Amanus khalifah Fil'ardy Yunus, I. Benyamin, Marsuki Marsuki, Sanusi Fattah
{"title":"Educated Unemployment in Indonesia: The Effects of Monetary Policy and Trade Opennes","authors":"Amanus khalifah Fil'ardy Yunus, I. Benyamin, Marsuki Marsuki, Sanusi Fattah","doi":"10.9790/5933-0802016569","DOIUrl":"https://doi.org/10.9790/5933-0802016569","url":null,"abstract":"This research is intended to know how much the influence of bank credit on educated unemployment both directly and indirectly through trade opennes in Indonesia. This research also examine whether the overlapping generation models prevail in Indonesia, especially in the period in which the monetary authorities apply a disinflation policy. The data used are secondary data that obtained from Central Bureau of Statistics. The unit of analysis are the panel data from 31 provinces in Indonesia (2006-2014). The method of analysis employed is the estimation method of simultaneous equation. The research findings indicate that bank credit has not contributed to absorb educated labor and only enhance the international trade which also not optimal in absorbing educated labor. In addition, overlapping generation models has not yet prevail in Indonesia.","PeriodicalId":387621,"journal":{"name":"IOSR Journal of Economics and Finance","volume":"110 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-03-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132528062","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}
{"title":"An Investigation of Factors Affecting Employee Performance among Millennials in the Public Service in Zimbabwe: A Case of Hospitals in Zvimba District","authors":"L. Zhakata","doi":"10.9790/5933-08010390108","DOIUrl":"https://doi.org/10.9790/5933-08010390108","url":null,"abstract":"This study used mixed research methods to collect data. The survey involved selecting a representative sample of 116 respondents drawn from a population of 701Millennials (Generation Y employees) working in hospitals in Zvimba District. Questionnaires were administered on 100 Millennials to provide information on factors that affect their performance. Face-to-face interviews were conducted with hospital senior management to complement information provided by the youthful employees and to clarify arising issues.The study established that Generation Y employees prefer to be deployed to hospitals close to their families and friends, where there is internet connectivity, adequate equipment and technology; where transport is readily available and at hospitals which offer accommodation.Millennials in hospitals also expected challenging non-routine work and opportunities for advancement. Issues of decent and fair remuneration, recognition, continuous training and development and positive feedback on contributions were also cited. The study also established that Millennialsprefer democratic, transformational, transactional, consultative/participatory and servant leadership and will not perform well if managers used autocratic leadership styles. The study recommended leadership training to help managers of Millennials in the health sector to appreciate the needs of these young employees.Noting that most leaders and managers of Millennialsare older generation (Generation X), the study recommended health leaders and managers to develop complementary set of leadership and motivationalcapabilities through leadership development, succession planning, collaboration, knowledge sharing,delegation, training and development,. Concerted effort should be made to deal with issues of remuneration so that young health employees love and respect their work.","PeriodicalId":387621,"journal":{"name":"IOSR Journal of Economics and Finance","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124029811","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}
{"title":"Tax Incentives & Microfinance Business in Nigeria: A Study of Selected Microfinance Banks in Rivers State","authors":"Ironkwe Ironkwe","doi":"10.9790/5933-0802010636","DOIUrl":"https://doi.org/10.9790/5933-0802010636","url":null,"abstract":"This study is carried out to empirically ascertain the extent to which tax incentives would enhance realization of core objectives of regulated microfinance business in Nigeria with a focus on Rivers State. Research questions were raised, hypotheses formulated and related literature reviewed. Primary data were collected from the shareholders, managers, key employees, customers and external auditors of 19 Microfinance Banks in Rivers State through questionnaire and participant observation. The questionnaire before its administration was subjected to validity and reliability test. The test re-test method using the Kendall coefficient of concordance gave a result of 0.84 indicating a strong reliability of the instrument. The data generated were analyzed and tabulated, Spearman’s Rank Correlation Coefficient and Z test statistics were adopted in testing the hypotheses formulated. The findings are that tax incentives have significant and positive relationship with the business performance of Microfinance Banks in Nigeria. Despite high tax burdens other major factors militating against microfinance business in Nigeria are weak infrastructure, poor corporate governance and loan defaults. It is recommended that Government at all levels should grant five years tax holidays to Microfinance Banks especially at their infancy and vulnerable stages to enable them stabilize and effectively play the role of change agents in the poverty eradication, job creation and financial inclusion crusades. The Microfinance Bank Managers should also embrace annual tax planning as a way of managing their tax burdens with or without tax incentives.","PeriodicalId":387621,"journal":{"name":"IOSR Journal of Economics and Finance","volume":"53 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127144843","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}
{"title":"The Effect Of Aggregate Expenditure On Gross Regional Domestic Product And Its Impact On Human Development Index, Labor Absorption And Poverty In Tangerang Regency","authors":"Karnawi Kamar","doi":"10.9790/5933-0802022537","DOIUrl":"https://doi.org/10.9790/5933-0802022537","url":null,"abstract":"This research examines the effect of aggregate expenditure that consists of household consumption, government consumption, investment and net exports on Gross Regional Domestic Product and its impact on Human Development Index, labor Absorption and Poverty in Tangerang Regency. The research method used is explanatory research with techniques of Simple Linear Regression analysis and multiple linear regression analysis. The results showed that: household consumption, government consumption, investment and net exports both simultaneously and partially give effect positively on Gross Regional Domestic Product. Further Gross Regional Domestic Product gives positive effect on Human Development Index. Human Development Index gives positive effect on labor absorption. Human Development Index and labor absorption either simultaneously or partially give negative effect on poverty in Tangerang Regency.","PeriodicalId":387621,"journal":{"name":"IOSR Journal of Economics and Finance","volume":"48 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132829141","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}
{"title":"A Study on the Impact of Gst in Indian Economy","authors":"P. Vijayaraghavan","doi":"10.9790/5933-0802020608","DOIUrl":"https://doi.org/10.9790/5933-0802020608","url":null,"abstract":"Even in the worldwide economic crisis India showed remarkable survival in its economic system. The well insulated economic structure in India is the basis of such an amazing withstand. The proposed Goods and Services Tax (GST) is expected to be another milestone in the economic growth in India. The fundamental aim of GST is to make uniform the scattered indirect tax system in India and avoid the cascading effect in taxation. The impact going to make by GST will be a transformation in the entire tax system in India. The effect will go beyond Indian borders. The implementation of GST will reduce tax burden on manufacturers and thus encourages for the higher production. This process will increase the export of India and it will increase the total GNP. Avoidance of cascading effect empowers the manufacturers to produce to their optimum capacity and retards growth. The study intends to exhibit the detailed impact of GST implementation in Indian economic system.","PeriodicalId":387621,"journal":{"name":"IOSR Journal of Economics and Finance","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132518553","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}
{"title":"Inflation and Recession Cycle: Impacts over Global Economies and Markets","authors":"Esha Jain","doi":"10.9790/5933-0802020105","DOIUrl":"https://doi.org/10.9790/5933-0802020105","url":null,"abstract":"Cash in savings accounts, short-term CDs or money market deposits is great for an emergency fund. But to fulfill a long-term investment goal like funding your retirement, consider buying stocks. The more distant your financial target, the longer inflation will gnaw at the purchasing power of your money. Suze Orman The purpose of this study is to understand rise in inflation and emergence of recession after inflation. The major causes for the occurrences of the two economic situations. Further is to relate the global economies with the concepts of inflation and recession and to study how and what changes and shifts inflation to recession. The major impacts they have over the economies and the markets. The study is to understand the two big parts of the economic cycle or boom–bust cycle globally. Keywords-Boom Burst cycle, Economic cycle,Inflation, Recession.","PeriodicalId":387621,"journal":{"name":"IOSR Journal of Economics and Finance","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128013881","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}
{"title":"Factors Affecting Financial Flexibility of Firms Listed in Tehran Stock Exchange","authors":"Amir Mohammad Hooshyar, M. Mohammadi","doi":"10.9790/5933-080103109114","DOIUrl":"https://doi.org/10.9790/5933-080103109114","url":null,"abstract":"Financial flexibility is a degree of firm’s capacity that can mobilize financial resources towards reactive activities to maximize the value of firm. The aim of this study is to investigate factors affecting financial flexibility based on panel data in firms listed in Tehran Stock Exchange. For this reason firms listed on Tehran Stock Exchange during the years 2009 to 2014 with systematic deletion method and by considering inherent limitations in this field have been screened, andthe number of remaining firms to test research hypotheses were 106 firms in terms of 630 observation. Estimation results showed that, financial leverage and the current ratio variablesin listed firms of Tehran Stock Exchange don’t have significant impact on financial flexibility and firm size variable has a negative and significant impact on financial flexibility and profitability variable has a positive and significant impact on financial flexibility.","PeriodicalId":387621,"journal":{"name":"IOSR Journal of Economics and Finance","volume":"83 3","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"120844161","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}
{"title":"Public Expenditures in Syria and its economic effects During the period (2000-2011) (Comparative analysis study)","authors":"G. Ghandour","doi":"10.9790/5933-0802020916","DOIUrl":"https://doi.org/10.9790/5933-0802020916","url":null,"abstract":"The public Expenditures in Syria affect on macroeconomic variables, the most important GDP growth rates, either directly or indirectly, as public expenditure on private consumption affected by the multiplier, in addition to its impact on the investment directly and indirectly.","PeriodicalId":387621,"journal":{"name":"IOSR Journal of Economics and Finance","volume":"87 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129821210","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}
{"title":"Impact of Demonetization on Indian Economy: A Survey","authors":"R. Tiwari","doi":"10.9790/5933-0802010105","DOIUrl":"https://doi.org/10.9790/5933-0802010105","url":null,"abstract":"Currency Demonetization has taken the world by surprise. It expressed the commitment of the Indian Government in cracking a whip on the black money and flushing out the fake money. The present Government has demonetized Rs.500 and Rs.1,000 denomination notes in circulation and ushered in a sleuth of reforms that directly addresses the common man, economy, business and global relations. Interestingly, there are views that both supports and argues on the currency demonetization in India. This debate will provide a forum for students to talk for and against the demonetization of higher denomination currencies in India.","PeriodicalId":387621,"journal":{"name":"IOSR Journal of Economics and Finance","volume":"08 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128785009","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}