International Journal of Finance and Banking Research最新文献_第2页

Investigating the Relationship Between Financial Stress Index and MENA Stock Markets Performance 金融压力指数与中东和北非股市表现的关系研究

International Journal of Finance and Banking Research Pub Date : 2021-09-27 DOI: 10.11648/J.IJFBR.20210705.12

Hayet Soltani, Mouna Boujelbène Abbes, Abderrahmen Aloulou

引用次数: 1

Determinants of Ethiopian Flower Export Performance: The Case of Gravity Model Application 埃塞俄比亚花卉出口绩效的决定因素:重力模型应用的案例

International Journal of Finance and Banking Research Pub Date : 2021-09-23 DOI: 10.11648/J.IJFBR.20210705.11

Fisseha Seyoum

{"title":"Determinants of Ethiopian Flower Export Performance: The Case of Gravity Model Application","authors":"Fisseha Seyoum","doi":"10.11648/J.IJFBR.20210705.11","DOIUrl":"https://doi.org/10.11648/J.IJFBR.20210705.11","url":null,"abstract":"In contemporary economic activities, international trade is evolved from perfect protection to perfect free global trade among countries to bring balanced. International trade in general and export in particular is the most important economic activities to secure economic growth and development. However, sub-Saharan African countries including Ethiopia exports agricultural products balky in volume low in value leads to low performance and also low in diversity. To improve Ethiopian export performance, the government has been taking different policy options among them is export diversification. Flower commodity export is one of the diversification policy options. Each commodity export has its own constraints and opportunities affecting its export performance. The objective of this paper was to identify factors affecting flower export performance in the Ethiopian economy using five years balanced panel data ranging between 2010 and 2014 to Ethiopian flower importing countries. The result of the statistical analysis indicated that even though there is variation among years, the average five years export performance was about $ 4.79 million from exporting about 96.48 tons of flowers. The result of the gravity model econometric regression results revealed that domestic gross product (GDP) and the domestic population growth had positive effects while the exchange rate had a negative effect on the Ethiopian export performance dynamics. The result, it is suggests that all the factors affecting Ethiopian flower export performance are domestic factors or supply side factors. Therefore, the export economic policy should focus on boosting the GDP, efficient and effectiveness of human power through education and training, and stabilizing the exchange rate to enhance the Ethiopian flower export performance in particular and national export performance in general.","PeriodicalId":425329,"journal":{"name":"International Journal of Finance and Banking Research","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-09-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115837795","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

Managerial Overconfidence and Investment Decision: Empirical Validation in the Tunisian Context 管理者过度自信与投资决策:突尼斯背景下的实证验证

International Journal of Finance and Banking Research Pub Date : 2021-09-04 DOI: 10.11648/J.IJFBR.20210704.11

Halim Smii, Mondher Kouki, Hayet i Soltan

引用次数: 2

Determinants of National Saving in Ethiopia: Time Series Analysis 埃塞俄比亚国民储蓄的决定因素:时间序列分析

International Journal of Finance and Banking Research Pub Date : 2021-07-15 DOI: 10.11648/J.IJFBR.20210703.11

Edosa Kubsa Lebeta, Debeli Chala Biyena

{"title":"Determinants of National Saving in Ethiopia: Time Series Analysis","authors":"Edosa Kubsa Lebeta, Debeli Chala Biyena","doi":"10.11648/J.IJFBR.20210703.11","DOIUrl":"https://doi.org/10.11648/J.IJFBR.20210703.11","url":null,"abstract":"In poor countries like, Ethiopia national saving have a vital role for capital accumulation, which facilitate domestic investment and economic growth. Accordingly, this paper mainly investigates the covariate that determines national savings specifically in Ethiopia based on the time series data collected from year 1984-2016E.C. The main objective of the study is to identify trend of and the major covariates that determine national saving in Ethiopia. Five covariates (variables) have employed, namely national saving, real GDP, investment, deposit rate, and inflation rate. Autoregressive distributed lag (ARDL) approach to co-integration and error correction model (ECM) has applied to analyze the long run and short-run relationship between the explained and explanatory variables. The long-run model result revealed that, the Real Gross Domestic Product, investment, deposit rate, and inflation have shown a similar relationship. Accordingly, Real Gross Domestic product, investment, deposit and inflation rate, are significantly and positively correlated with national saving. However, in the short-run, except deposit rate all independent variables affect national saving positively. The error correction term has a coefficient of -100.66 which shows that there will be about 100.66% percent speed of adjustment toward long run equilibrium in each year when there is any imbalance in the short run. Finally, as the model result revealed, national saving responded to the real gross domestic product, investment and deposit rate on the theoretically expected manner, however not for the inflation rate. Then the paper recommends increasing an alternative to enhance performance of national saving by considering its contribution for economic growth and development of Ethiopia.","PeriodicalId":425329,"journal":{"name":"International Journal of Finance and Banking Research","volume":"26 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131255424","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 Analytical Study of Profitability and Liquidity Postions of Selected Life Insurance Companies in India 印度部分寿险公司盈利能力和流动性状况分析研究

International Journal of Finance and Banking Research Pub Date : 2021-03-26 DOI: 10.11648/J.IJFBR.20210702.14

Ahmed Abdulkareem, Bhavika Rameshbhai Nagvadiya

{"title":"An Analytical Study of Profitability and Liquidity Postions of Selected Life Insurance Companies in India","authors":"Ahmed Abdulkareem, Bhavika Rameshbhai Nagvadiya","doi":"10.11648/J.IJFBR.20210702.14","DOIUrl":"https://doi.org/10.11648/J.IJFBR.20210702.14","url":null,"abstract":"The main objective of this study is to find out the truth which is hidden and which has not been discovered as yet. And this study used to evaluate the liquidity and profitability position of selected HDFC Standard Life insurance Co. Ltd. and SBI Life Co. Ltd. In addition to evaluate which company is performing best among the selected companies and make suggestions for improvement in financial or liquidity position of the selected companies. This study focused on knowing insurance sectors and it is performance in India through study conceptual framework of profitability and liquidity. This study deals with data analysis and interpretation of the different ratios which are useful for current assets, current liabilities, net profit, gross profit, all are use. It includes hypothesis testing by using t-test of HDFC and SBI companies. Simple random sampling was used to select the sample from top banks in India. The study relies largely on secondary data that was obtained from the annual reports and financial statements of the selected HDFC and SBI standard life insurance companies. In addition to the annual reports, different publications have also been used in this study. The study is made for a period of five years from 2014-15 to 2018-19.","PeriodicalId":425329,"journal":{"name":"International Journal of Finance and Banking Research","volume":"26 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-03-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125928316","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: 2

Performance of Selected Life Insurance Companies – Comparative Analysis 精选人寿保险公司的表现-比较分析

International Journal of Finance and Banking Research Pub Date : 2021-03-17 DOI: 10.11648/J.IJFBR.20210702.13

K. Patel, Pavan Patel

{"title":"Performance of Selected Life Insurance Companies – Comparative Analysis","authors":"K. Patel, Pavan Patel","doi":"10.11648/J.IJFBR.20210702.13","DOIUrl":"https://doi.org/10.11648/J.IJFBR.20210702.13","url":null,"abstract":"Insurance industry plays a vital role in the Indian market. Insurance is a mechanism to overcome uncertainty and risk. The concept of insurance has drawn the attention of practitioners, academicians as well as that of the common people. Insurance products are unsought products which people usually do not buy unless and until they are made aware of it. The development of the insurance regulatory and development authority (IRDA) Act in 1999 passed a clear signal to the end of the monopoly of some players in the insurance business. This study makes an attempt to measure the performance of LIC and other three Private Insurance Companies using the CARAMEL model during the period 2012 – 2013 to 2018 – 2019. These parameters capture the key operations of life insurers. Typically, the overall financial soundness and performance is a summation of the adequate risk management & the sound inbuilt control system, and effective & efficient business underwriting. From the result, it is clear that the earning and profitability ratio is the most important indicator of the performance. ANOVA results sum up that there is a significant difference across the four selected life insurance companies with respect to CARAMEL ratios. Thus the null hypothesis is accepted. Thus, this study concludes the investors who are planning to take the life insurance policy can opt for any one of the selected companies.","PeriodicalId":425329,"journal":{"name":"International Journal of Finance and Banking Research","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-03-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128884063","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

Determinants of Dividend Payout Policy of Commercial Banks: Evidence from Selected Commercial Banks in Ethiopia 商业银行股利支付政策的决定因素:来自埃塞俄比亚选定商业银行的证据

International Journal of Finance and Banking Research Pub Date : 2021-03-12 DOI: 10.11648/J.IJFBR.20210702.11

Desta Zelalem

{"title":"Determinants of Dividend Payout Policy of Commercial Banks: Evidence from Selected Commercial Banks in Ethiopia","authors":"Desta Zelalem","doi":"10.11648/J.IJFBR.20210702.11","DOIUrl":"https://doi.org/10.11648/J.IJFBR.20210702.11","url":null,"abstract":"The study is about investigation of determinants of dividend payout ratio of commercial banks in Ethiopia over the period 2010-2018. Nine years Panel data was obtained from audited financial statements of 8 selected commercial banks in Ethiopia. The study used six independent variables such as financial leverage, profitability, age of firm, corporate tax rate, operating cash and extent of shares distributed and one dependent variable which is dividend payout ratio. Both descriptive and inferential statistics were used in order to interpret the findings of the study. Random effect regression was used to investigate the impact of determinant factors on the dividend payout policy of commercial banks in Ethiopia. Correlation was also conduct to understand the relationship between dependent and independent variables. The correlation analysis shows that, Return on Equity (ROE), Corporate Tax Rate (CTR), and Number of Shares Distributed (NSD) have Negative relationships with Dividend Payout Ratio (DPO). While the remaining independent variables; Debt Ratio (DR), Age of Firm and Cash to Total Assets Ratio (CTA) have positive relationships with Dividend Payout Ratio (DPO). The key finding of this study shows that, financial leverage is significant variable at 1%, while corporate tax rate, cash balance and extent of shares distributed are significant variables at 10% significant level in determining dividend payout ratio of commercial banks in Ethiopia. on the other hand, profitability and age of firm are not statistically significant variables in determining dividend payout ratio in commercial banks of Ethiopia.","PeriodicalId":425329,"journal":{"name":"International Journal of Finance and Banking Research","volume":"58 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-03-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123904825","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

School Banking, Its Trend and Nexus with Profitability in Bangladesh 孟加拉国学校银行的发展趋势及其与盈利能力的关系

International Journal of Finance and Banking Research Pub Date : 2021-03-10 DOI: 10.11648/J.IJFBR.20210701.13

M. Mamun

{"title":"School Banking, Its Trend and Nexus with Profitability in Bangladesh","authors":"M. Mamun","doi":"10.11648/J.IJFBR.20210701.13","DOIUrl":"https://doi.org/10.11648/J.IJFBR.20210701.13","url":null,"abstract":"This work attempts to observe the current state of school banking, its trend and its association with profitability. Data from secondary sources have been collected for the period of 10-years from 2011 to 2020 to achieve the goals. The data have been collected, tabulated, categorized, coordinated and performed the relevant calculation of to fulfill the purpose. With the assistance of MS Office Excel and IBM SPSS-21, tabular presentation, graphical analysis, percentage, correlation, and simple linear regressions have been used to analyze data. Independent variables are known to be the volume of deposits in the school bank account. Return on assets (ROA) and return on equity (ROE) are chosen as profitability yardstick and used as a dependent variable for regression analysis. The results of the research have shown an increasing trend of account opening during the time and collection of deposits from these accounts. Between 2011 to 2020, the amount of school bank deposits compared to banks' overall deposits also increased from 0.01 percent to 0.16 percent. The assessment of the correlation showed that there was a strong positive association between the number of accounts opened and the sum deposits in those accounts. It also found that there was a relatively high negative relationship between the volume of deposits in school bank accounts and the return on equity and the return on assets. The output of the regression also clearly shows that school banking (amount of deposits) has a negative relationship with return on equity and return on total asset. The analysis is carried out on the basis of secondary data. However it is not possible to judge validity and reliability.","PeriodicalId":425329,"journal":{"name":"International Journal of Finance and Banking Research","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-03-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117265838","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 Woebegone State of Companies Income Tax in Nigeria: Evidence from Widespread Tax Avoidance by Profitable Listed Companies 尼日利亚公司所得税的糟糕状况:来自盈利上市公司普遍避税的证据

International Journal of Finance and Banking Research Pub Date : 2021-03-10 DOI: 10.11648/J.IJFBR.20210701.11

S. Jim-Suleiman, Adzor Ibiamke

{"title":"The Woebegone State of Companies Income Tax in Nigeria: Evidence from Widespread Tax Avoidance by Profitable Listed Companies","authors":"S. Jim-Suleiman, Adzor Ibiamke","doi":"10.11648/J.IJFBR.20210701.11","DOIUrl":"https://doi.org/10.11648/J.IJFBR.20210701.11","url":null,"abstract":"Profitable companies are expected to pay a 30% companies income tax on their profits earned in Nigeria. However, many companies in Nigeria pay far less due to their application of tax avoidance strategies. This paper report how profitable companies in Nigeria are able to successfully employed the loopholes in the Nigerian tax system to significantly lower their effective tax rate over the past five years. The paper examines 68 companies that are consistently profitable in each of the five years between 2014 and 2018, excluding companies that experienced even one unprofitable year during this period. From the analysis, this paper finds that as a group, the 68 companies examined paid an effective companies income tax rate of only 16.45% over the five-year period - far less than the statutory 30% companies’ income tax rate. Based on the evidence, this paper advocate for a strong alternative minimum tax that can do the job it was originally designed to do thereby bring about transparency, equity and fairness in tax payment in Nigeria. This paper adds new knowledge to the understanding of the state of tax avoidance in Nigeria. Finally, identifying firms’ aggressive tax planning strategies will close the tax loopholes and boosting tax revenue in Nigeria.","PeriodicalId":425329,"journal":{"name":"International Journal of Finance and Banking Research","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-03-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115080857","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

Operational Challenges, From PMO to EPMO Execution and Operation Case Study Within Electricity Producing Companies (Four Selected Companies Within EU28) 运营挑战:发电公司从PMO到EPMO的执行和运营案例研究(选自欧盟28国的四家公司)

International Journal of Finance and Banking Research Pub Date : 2020-10-26 DOI: 10.20944/preprints202010.0529.v1

Ekomenzoge Metuge, José Ramón Otegi Olaso

{"title":"Operational Challenges, From PMO to EPMO Execution and Operation Case Study Within Electricity Producing Companies (Four Selected Companies Within EU28)","authors":"Ekomenzoge Metuge, José Ramón Otegi Olaso","doi":"10.20944/preprints202010.0529.v1","DOIUrl":"https://doi.org/10.20944/preprints202010.0529.v1","url":null,"abstract":"During the European unification process, they stated the need for drawing up a common energy strategic plan that will affects electricity production system in terms of infrastructure, production and generation. The EU strategic action plans included; reduction in emissions, an increase in renewable energies, energy efficiency. In this light therefore the energy efficiency was booked for researching. This article presents an in-depth study of the challenges in transforming a functioning PMO model to an EPMO model within four electricity companies from different countries within the EU and how those challenges can be address within companies implementing same methodology to bring about electricity production efficiency. Will these identified challenges make it impossible for the companies to achieve electricity production efficiency in the transformation from PMO to EPMO? PMO has been the major methodology used by these companies. To achieve production efficiency, the need for a heavyweight methodology was identified (EPMO) and implemented in four mega electricity producing companies with cross boarder distributions, one from France; Germany; Spain and UK","PeriodicalId":425329,"journal":{"name":"International Journal of Finance and Banking Research","volume":"177 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-10-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122103726","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