Banks and Bank Systems最新文献

Evaluating the influence of corporate governance mechanisms and bank-specific factors on the performance of Nepalese commercial banks 评估公司治理机制和银行特有因素对尼泊尔商业银行绩效的影响

Banks and Bank Systems Pub Date : 2024-07-23 DOI: 10.21511/bbs.19(3).2024.03

Padam Dongol, Sajeeb Kumar Shrestha

{"title":"Evaluating the influence of corporate governance mechanisms and bank-specific factors on the performance of Nepalese commercial banks","authors":"Padam Dongol, Sajeeb Kumar Shrestha","doi":"10.21511/bbs.19(3).2024.03","DOIUrl":"https://doi.org/10.21511/bbs.19(3).2024.03","url":null,"abstract":"This purpose of the study is to evaluate the influence of corporate governance mechanism factors: board size, board independence, capital adequacy ratio, as well as bank-specific factors: dividend payout ratio and firm size, on the performance of Nepalese commercial banks. The study covered 10 years’ secondary data from 2013/14 to 2022/23, derived from the annual reports and websites of four selected commercial banks that were listed on the Nepal Stock Exchange: Kumari Bank Limited, Himalayan Bank Limited, Prabhu Bank Limited, and Prime Commercial Bank. A non-probability sample method, especially the purposive sampling approach, was used in this study. Earnings per share (EPS) is regarded to be the dependent variable, whereas two elements, namely, corporate governance mechanisms and bank-specific factors, are considered to be independent variables. Data analysis was carried out using the SPSS 25 software, which includes descriptive statistics, Pearson correlation, and multiple linear regression. The empirical results indicate that board size has a favorable influence on EPS, but this association does not reach statistical significance. In contrast, board independency has a notable and statistically significant negative impact on EPS. The capital adequacy ratio is positively correlated with EPS. However, the impact of firm size on EPS is not statistically significant. On the other hand, the dividend payout ratio has a significant positive effect on EPS.","PeriodicalId":503353,"journal":{"name":"Banks and Bank Systems","volume":"17 12","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141813794","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

Intellectual capital and firm performance of Jordanian financial institutions 约旦金融机构的知识资本和公司业绩

Banks and Bank Systems Pub Date : 2024-07-22 DOI: 10.21511/bbs.19(3).2024.02

Dalia Ibrahim Mustafa, Rami Mohammad Alzebdieh, Modar Abdullatif, Safa’ Akef Al Majali

{"title":"Intellectual capital and firm performance of Jordanian financial institutions","authors":"Dalia Ibrahim Mustafa, Rami Mohammad Alzebdieh, Modar Abdullatif, Safa’ Akef Al Majali","doi":"10.21511/bbs.19(3).2024.02","DOIUrl":"https://doi.org/10.21511/bbs.19(3).2024.02","url":null,"abstract":"This study aims to explore the financial implications of intellectual capital in the Jordanian financial sector during the period 2009–2018. It uses Pulic’s (2004) value-added intellectual capital model, particularly capital employed efficiency, structural capital efficiency, and human capital efficiency, and tests its potential effect on firm financial performance measures, including return on assets, return on equity, asset utilization ratio, and Tobin’s Q. The study’s findings demonstrate that value-added intellectual capital positively influences the financial performance of Jordanian financial companies. Value-added intellectual capital is not found to have a significant impact on productivity, but it is strongly and positively related to firm profitability and market value. As for the main components of value-added intellectual capital, human capital efficiency has a significantly positive impact on a company’s performance, but regarding structural capital efficiency, the outcomes vary depending on the measure of firm performance. Notably, when firms are categorized into sub-industries (banks, insurance companies, and financial service companies), it is found that the profitability of insurance companies is more affected by intellectual capital than that of banks or financial services. The results also show that investors place great importance on the efficiency of intellectual capital, particularly within the banking industry. Furthermore, implementing Shariah compliance standards boosts the positive effect of structural capital efficiency on corporate market value and reinforces the positive influence of human capital efficiency on productivity.","PeriodicalId":503353,"journal":{"name":"Banks and Bank Systems","volume":"10 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141817001","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 relationship between monetary stability and central bank independence: The case of Azerbaijan 货币稳定性与中央银行独立性之间的关系：阿塞拜疆的案例

Banks and Bank Systems Pub Date : 2024-02-13 DOI: 10.21511/bbs.19(1).2024.07

Ilknur Tanriverdi, Farid Jabiyev, Y. Bilan, Mayis Azizov, Elsevar Ibadov

引用次数: 0

The relationship between monetary stability and central bank independence: The case of Azerbaijan 货币稳定性与中央银行独立性之间的关系：阿塞拜疆的案例

Banks and Bank Systems Pub Date : 2024-02-13 DOI: 10.21511/bbs.19(1).2024.07

Ilknur Tanriverdi, Farid Jabiyev, Y. Bilan, Mayis Azizov, Elsevar Ibadov

引用次数: 0

A mixed methods UTAUT2-based approach to understanding unified payments interface adoption among low-income users 基于UTAUT2的混合方法了解低收入用户采用统一支付界面的情况

Banks and Bank Systems Pub Date : 2024-02-02 DOI: 10.21511/bbs.19(1).2024.06

Rohit Joshi

{"title":"A mixed methods UTAUT2-based approach to understanding unified payments interface adoption among low-income users","authors":"Rohit Joshi","doi":"10.21511/bbs.19(1).2024.06","DOIUrl":"https://doi.org/10.21511/bbs.19(1).2024.06","url":null,"abstract":"The Unified Payments Interface (UPI) represents a revolutionary advancement in mobile payment systems and has been primarily embraced by the middle and high-income segments of the Indian population. Its uptake among the low-income or those at the bottom-of-the-pyramid (BOP), characterized by individuals with an annual income less than USD 3,175, remains notably low, necessitating prompt investigation. This study endeavors to explore and validate contextual determinants influencing the development of behavioral intention to use UPI among BOP users. Under the mixed method approach, 26 interviews with active UPI users were conducted in the first phase. The collected data were subjected to deductive thematic analysis and the resulting factors were fused with the Extended Unified Theory of Acceptance and Use of Technology (UTAUT2) model to adapt it to the BOP requirements. In the second phase, responses from 423 potential UPI users were collected and scrutinized using structural equation modelling. The data analysis unveiled that the path coefficients for social influence (0.527), performance expectancy (0.242), perceived security risk (–0.166), knowledge (0.138), price value (0.123), facilitating conditions (0.119), and social benefits (0.096) were statistically significant in impacting user intentions. The model fit measures of the structural model fell within an acceptable range, and collectively, these factors elucidated 52% of the variance in behavioral intentions. It is recommended that marketers should leverage the interconnected nature of BOP communities to enhance awareness on functionality, subjective utility, social benefits, word-of-mouth, and security issues. This strategy aims to overcome barriers and boost UPI adoption among the BOP.","PeriodicalId":503353,"journal":{"name":"Banks and Bank Systems","volume":"45 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139808983","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

A mixed methods UTAUT2-based approach to understanding unified payments interface adoption among low-income users 基于UTAUT2的混合方法了解低收入用户采用统一支付界面的情况

Banks and Bank Systems Pub Date : 2024-02-02 DOI: 10.21511/bbs.19(1).2024.06

Rohit Joshi

{"title":"A mixed methods UTAUT2-based approach to understanding unified payments interface adoption among low-income users","authors":"Rohit Joshi","doi":"10.21511/bbs.19(1).2024.06","DOIUrl":"https://doi.org/10.21511/bbs.19(1).2024.06","url":null,"abstract":"The Unified Payments Interface (UPI) represents a revolutionary advancement in mobile payment systems and has been primarily embraced by the middle and high-income segments of the Indian population. Its uptake among the low-income or those at the bottom-of-the-pyramid (BOP), characterized by individuals with an annual income less than USD 3,175, remains notably low, necessitating prompt investigation. This study endeavors to explore and validate contextual determinants influencing the development of behavioral intention to use UPI among BOP users. Under the mixed method approach, 26 interviews with active UPI users were conducted in the first phase. The collected data were subjected to deductive thematic analysis and the resulting factors were fused with the Extended Unified Theory of Acceptance and Use of Technology (UTAUT2) model to adapt it to the BOP requirements. In the second phase, responses from 423 potential UPI users were collected and scrutinized using structural equation modelling. The data analysis unveiled that the path coefficients for social influence (0.527), performance expectancy (0.242), perceived security risk (–0.166), knowledge (0.138), price value (0.123), facilitating conditions (0.119), and social benefits (0.096) were statistically significant in impacting user intentions. The model fit measures of the structural model fell within an acceptable range, and collectively, these factors elucidated 52% of the variance in behavioral intentions. It is recommended that marketers should leverage the interconnected nature of BOP communities to enhance awareness on functionality, subjective utility, social benefits, word-of-mouth, and security issues. This strategy aims to overcome barriers and boost UPI adoption among the BOP.","PeriodicalId":503353,"journal":{"name":"Banks and Bank Systems","volume":"31 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139869042","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

On the effectiveness of the interest rate channel within inflation targeting in Ukraine: a VAR approach 乌克兰通货膨胀目标制中利率渠道的有效性：VAR 方法

Banks and Bank Systems Pub Date : 2023-12-26 DOI: 10.21511/bbs.18(4).2023.24

Y. Bublyk, S. Korablin, Yuliia Shapoval

{"title":"On the effectiveness of the interest rate channel within inflation targeting in Ukraine: a VAR approach","authors":"Y. Bublyk, S. Korablin, Yuliia Shapoval","doi":"10.21511/bbs.18(4).2023.24","DOIUrl":"https://doi.org/10.21511/bbs.18(4).2023.24","url":null,"abstract":"Assessing the effectiveness of the inflation targeting framework via the interest rate channel remains crucial in the current monetary policy debate. For Ukraine, the relevance of this discussion is enhanced by the adoption by the National Bank of a rigid inflation targeting policy since 2016, as well as by the challenges of price stability during war. The aim of the study is to identify how the discount rate affects the money market rates and how this affects inflation in Ukraine. Employing a VAR model on monthly data spanning 2016 – Q1 2022, the analysis demonstrates weak empirical evidence for the interest rate channel effectiveness. The impulse response indicates that the discount rate’s initial effect does not provide long-term inflation dynamics control. Variance decomposition analysis highlights the minimal influence of the NBU’s discount rate, primarily evident in the refinancing rate, followed by its impact on the rate of term deposits made by individuals, followed by the inflation, followed by the rate of new loans granted to residents, and finally the rate of government bond yields. Addressing the limitations of a rigid inflation targeting approach, the study recommends adopting a balanced approach, considering both price stability supported by exchange rate control measures and fostering economic growth. Additionally, a viable strategy for deepening the financial sector should be developed.","PeriodicalId":503353,"journal":{"name":"Banks and Bank Systems","volume":"14 19","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139156388","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

Board structure, ownership structure, and capital structure: Empirical evidence on Shariah and non-Shariah compliant firms in Indonesia 董事会结构、所有权结构和资本结构：印度尼西亚符合伊斯兰教法和不符合伊斯兰教法企业的经验证据

Banks and Bank Systems Pub Date : 2023-11-30 DOI: 10.21511/bbs.18(4).2023.20

Ahmad Fadlur Rahman Bayuny, Razali Haron

{"title":"Board structure, ownership structure, and capital structure: Empirical evidence on Shariah and non-Shariah compliant firms in Indonesia","authors":"Ahmad Fadlur Rahman Bayuny, Razali Haron","doi":"10.21511/bbs.18(4).2023.20","DOIUrl":"https://doi.org/10.21511/bbs.18(4).2023.20","url":null,"abstract":"The main purpose of this study is to investigate the impact of board structure and ownership structure on capital structure of Shariah-compliant firms and Non-Shariah-compliant firms in Indonesia. The study used the Generalized Method of Moments to analyze the relationship by applying 2,739 data observations of non-financial companies registered on the Indonesia Stock Exchange. This study uses commissionaire size, director size, female director, female commissionaire, independent director, and independent commissionaire as proxies for board structure, and ownership concentration and government ownership for ownership structure. The results showed that for Sharia-compliant firms, the relevant determinants are all variables of board structure and ownership structure except independent director. For Sharia non-compliant firms, the only non-relevant determinants are female director and commissionaire size. Interestingly, most of the board structure variables in Shariah compliant firms indicate a strong negative relationship with capital structure of firms (except total commissionaire). This may indicate that board structure of Shariah compliant firms strives to lower the leverage level of the firm. This may also indicate that most managers of Shariah compliant firms are risk averse.","PeriodicalId":503353,"journal":{"name":"Banks and Bank Systems","volume":"434 11","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139204353","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

A moderated mediation analysis on fintech adoption, social influence, competitiveness and financial performance of commercial banks in Pakistan 关于巴基斯坦商业银行采用金融科技、社会影响、竞争力和财务业绩的中介分析

Banks and Bank Systems Pub Date : 2023-11-30 DOI: 10.21511/bbs.18(4).2023.19

Aamir Hussain, Md Shahin Mia, Ferdoushi Ahmed, Paratta Prommee

{"title":"A moderated mediation analysis on fintech adoption, social influence, competitiveness and financial performance of commercial banks in Pakistan","authors":"Aamir Hussain, Md Shahin Mia, Ferdoushi Ahmed, Paratta Prommee","doi":"10.21511/bbs.18(4).2023.19","DOIUrl":"https://doi.org/10.21511/bbs.18(4).2023.19","url":null,"abstract":"Commercial banks in Pakistan have a great potential to improve competitiveness and financial performance through fintech adoption. Therefore, this study aims to assess the impact of fintech adoption on financial performance of commercial banks while emphasizing the moderating role of social influence and mediating role of competitiveness in the banks in Pakistan. A cross-sectional survey was conducted with five largest and most reputed commercial banks in Pakistan. Bank employees, particularly bank managers, were chosen as the respondents. The sample size for the study was 367 bank managers selected randomly from the chosen commercial banks. A standardized and structured questionnaire was used to interview the selected respondents to collect primary data. The partial least square structural equation modelling was employed to analyze the data and process the findings of the study. The analysis revealed that 62% of the respondents were male, and nearly 47% were in the age of 40 years and above. The study found a positive and significant impact of fintech adoption on the financial performance of banks. It was also found that social influence had a significant impact on banks’ competitiveness. Moreover, the findings revealed that competitiveness had a significant mediation impact on the increase in fintech adoption and consequently on the financial performance of banks. AcknowledgmentThe authors are thankful to the respondents (i.e., the employees of the selected banks) to participate in the survey without any financial benefit.","PeriodicalId":503353,"journal":{"name":"Banks and Bank Systems","volume":"252 8","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139203446","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

Connectedness of Vietnamese bank stock returns under the impact of the COVID-19 pandemic COVID-19 大流行病影响下越南银行股票收益的关联性

Banks and Bank Systems Pub Date : 2023-11-28 DOI: 10.21511/bbs.18(4).2023.18

Nguyen Phu Ha, Luong Tram Anh, Le Hong Thai

{"title":"Connectedness of Vietnamese bank stock returns under the impact of the COVID-19 pandemic","authors":"Nguyen Phu Ha, Luong Tram Anh, Le Hong Thai","doi":"10.21511/bbs.18(4).2023.18","DOIUrl":"https://doi.org/10.21511/bbs.18(4).2023.18","url":null,"abstract":"The COVID-19 pandemic highlighted the sensitivity of connectedness among bank stock returns in Vietnam. The aim of this study is to examine the strength of this connectedness along with the effect of government lockdown policy and COVID-19 cases on the total connectedness index (TCI) of 16 listed banks on Vietnamese stock exchanges. They are assessed using the database of FiinPro on the banking sector between January 2020 and July 2022, Vietnam Center for Disease Control and Prevention (CDC), and The World Health Organization (WHO) on the COVID-19 pandemic, employing a time-varying-parameter vector autoregressive (TVP-VAR) connectedness framework and the conditional quantile regression model. The results show that at the firm level, there is strong interdependence among bank stock returns with the average TCI being as high as 90.66%. It is also revealed that medium and large-sized banks are receivers of shock, while smaller banks are transmitters. As far as the impact on TCI is concerned, the widespread of the pandemic with the increasing number of COVID-19 cases is significantly negative, whereas the tightening of lockdown is significantly positive. Besides, the degree of the impact varies according to the 95th, 75th, 50th and 25th levels of conditional quantile regression. Based on the study’s findings, individual investors are recommended to thoroughly analyze the connectedness of banks before making investment decisions, while bank regulators should strengthen controls on credit relationships with small banks. Regarding policy makers, it is proposed to apply flexible restrictions and short-term lockdown depending on the actual outbreak of the pandemic. AcknowledgmentThe paper was conducted within the scope of Project QG21.48 of Vietnam National University.","PeriodicalId":503353,"journal":{"name":"Banks and Bank Systems","volume":"28 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139226571","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