GATR Journal of Finance and Banking Review Vol. 7 (2) July - September 2022最新文献

{"title":"Board Governance Mechanisms and Liquidity Creation: A Theoretical Framework","authors":"Ali Abd. Ameer. Mousa, N. Hassan, Kashan Pirzada","doi":"10.35609/jfbr.2022.7.2(3)","DOIUrl":"https://doi.org/10.35609/jfbr.2022.7.2(3)","url":null,"abstract":"Objective – The highly concentrated ownership structure, lack of quality information, and weak regulatory environments caused imbalances in the movement of cash flows and thereby put the liquidity levels of Gulf Cooperation Council (GCC) banks on a downward trend. This prompted policymakers in the GCC region to modify their Corporate Governance (C.G.) codes to boost the financial position of the GCC banking industry as liquidity providers and minimize systemic risk. Therefore, the purpose of this study is to conceptually investigate the relationship between board governance attributes and liquidity creation in the GCC banking sector.\u0000Methodology – The methodology employed in this study is a review of prior research on bank governance mechanisms and liquidity creation to gather perspective and establish a prediction about the association between board attributes and liquidity creation in the GCC banking industry. \u0000Findings – The study concludes that there is a positive correlation between the analyzed board governance features and the creation of liquidity based on several theories gleaned from a review of prior research.\u0000Novelty – The study evaluates bank liquidity creation and how board attributes influence it.\u0000Type of Paper: Review\u0000JEL Classification: M41, M49.\u0000Keywords: Liquidity Creation, Corporate Governance, Agency Theory, Board Attributes, GCC.\u0000Reference to this paper should be made as follows: Mousa, A.K.A; Hassan, N.L; Pirzada, K. (2022). Board Governance Mechanisms and Liquidity Creation: A Theoretical Framework, J. Fin. Bank. Review, 7(2), 122 – 134. https://doi.org/10.35609/jfbr.2022.7.2(3)\u0000_______________________________________________________________________________________","PeriodicalId":438317,"journal":{"name":"GATR Journal of Finance and Banking Review Vol. 7 (2) July - September 2022","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124861974","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 Economic Incentives, Financial Technology, and Financial Literacy on Millennials' Financial Planning during Covid 19","authors":"Karina Harjanto, M. Osesoga, Elisa Tjhoa","doi":"10.35609/jfbr.2022.7.2(1)","DOIUrl":"https://doi.org/10.35609/jfbr.2022.7.2(1)","url":null,"abstract":"Objective –This study aims to obtain empirical evidence of the effect of economic incentives, financial technology, and financial literacy on financial planning.\u0000Methodology –The data used in this study came from a questionnaire with 113 millennial respondents who live throughout Indonesia. Questionnaires were distributed in 2020 to understand millennial financial planning and the factors influencing it during the Covid-19 pandemic.\u0000Findings – This research found that economic incentives did not affect financial planning, while financial literacy and financial planning had a positive and significant effect on financial planning. \u0000Novelty – This study is among the first to learn the effect of the Covid-19 pandemic on millennials' finance.\u0000Type of Paper: Empirical\u0000JEL Classification: D01, D14.\u0000Keywords: economic incentive, financial literacy, financial planning, financial technology, millennials\u0000Reference to this paper should be made as follows: Harjanto, K; Osesoga, M.S; Tjhoa, E. (2022). The Effect of Economic Incentives, Financial Technology, and Financial Literacy on Millennials' Financial Planning during Covid-19, J. Fin. Bank. Review, 7(2), 98 – 106. https://doi.org/10.35609/jfbr.2022.7.2(1)","PeriodicalId":438317,"journal":{"name":"GATR Journal of Finance and Banking Review Vol. 7 (2) July - September 2022","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121623578","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":"Structural Equation Modelling Approach to Evaluating Capital Budgeting Factors in Oman","authors":"Stephen Gordon","doi":"10.35609/jfbr.2022.7.2(2)","DOIUrl":"https://doi.org/10.35609/jfbr.2022.7.2(2)","url":null,"abstract":"Objective – This study aims to critically evaluate capital budgeting factors in Oman’s manufacturing sector using the structural equation modelling (SEM) approach.\u0000Methodology – One hundred and twelve managers participated in the pilot survey conducted in different parts of Muscat, Oman, from September 2020 to January 2021. The managers responded to questions set on a 5-Likert scale bordering on aspects of managerial and organisational attributes, the rationale for selecting specific capital budgeting techniques, the impediments to the use of advanced capital budgeting techniques (ACBTs), and the traction of non-financial, environmental, social, and governmental (ESG) factors. IBM SPSS v.23 and analysis of moment structure (AMOS) v.20, descriptive analysis, correlation, and multiple regressions were used. SEM was applied to determine the strength of the relationship between the latent capital budgeting variables tested in the model. \u0000Findings – The results show that the model has an acceptable fit that meets the recommended values. Specifically, the use of advanced capital budgeting methods (ACBMs) relative to financial and non-financial factors in the capital investment decision model is the most influencing path in this SEM model; The rest of the observed relationships are insignificant at a 5% significance level.\u0000Novelty – Using relatively more advanced capital budgeting approaches such as real options could significantly impact financial and non-financial factors, thereby opening the prospects for more integrated project appraisal approaches. Cash flow, net present value (NPV), environmental, social, and governance (ESG) considerations, top management role, and clarity of business policy are among the determinants of sustainable capital budgeting. This is perhaps the first study that has applied the SEM approach to generating more insights into capital budgeting factors than previous studies emphasizing the Omani non-oil sector.\u0000Type of Paper: Empirical\u0000JEL Classification: G11, G31\u0000Keywords: Advanced capital budgeting methods (ACBMs); Confirmatory factor analysis; Exploratory factor analysis; Investment decisions; Oman, Real options; Structural equation modelling.\u0000Reference to this paper should be made as follows: Gordon, S.A. (2022). Structural Equation Modelling Approach to Evaluating Capital Budgeting Factors in Oman, J. Fin. Bank. Review, 7(2), 107 – 121. https://doi.org/10.35609/jfbr.2022.7.2(2)","PeriodicalId":438317,"journal":{"name":"GATR Journal of Finance and Banking Review Vol. 7 (2) July - September 2022","volume":"239 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133720380","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}