Journal of Economics, Finance and Administrative Science最新文献

IF 2.3

Journal of Economics, Finance and Administrative Science Pub Date : 2024-07-19 DOI: 10.1108/jefas-07-2022-0164

Orlando Gomes

{"title":"Utility under the Dark Tetrad","authors":"Orlando Gomes","doi":"10.1108/jefas-07-2022-0164","DOIUrl":"https://doi.org/10.1108/jefas-07-2022-0164","url":null,"abstract":"PurposeLiterature on psychology highlights four traits that shape an amoral and antisocial personality: Machiavellianism, narcissism, psychopathy and sadism. Together, these personality traits form the Dark Tetrad. In this study, the standard intertemporal utility maximization model is reassessed from the point of view of a representative economic agent endowed with the Dark Tetrad personality traits.Design/methodology/approachThe approach followed in this paper consists of identifying how each of the Dark Tetrad traits might be logically associated with the dynamic utility problem, as well as exploring, in the context of the model, the implications, for consumption and utility, of admitting the presence of such traits in individuals’ personalities.FindingsIt is found that, typically, dark personalities penalize consumption growth, even when such traits are interpreted directly and positively contributing to the utility of the agent. It is also found that in economies with two or more interacting agents, the dark traits might have a mutually destructive nature.Originality/valueEconomics is going through a smooth revolution in the direction of becoming an eminently behavioral science. Most of the traditional economic models, based on the idea of the hyper-rational agent, are being replaced or complemented by a different view of the homo-economicus, in which, among other things, personality matters. This paper offers a novel contribution in this direction.","PeriodicalId":53491,"journal":{"name":"Journal of Economics, Finance and Administrative Science","volume":null,"pages":null},"PeriodicalIF":2.3,"publicationDate":"2024-07-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141824218","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

ESG and financial performance via uncertain mining technology: do Multilatinas contribute to the sustainability of the region? 通过不确定的采矿技术实现环境、社会和公司治理与财务绩效：多拉塔纳公司是否为本地区的可持续发展做出了贡献？

IF 2.4

Journal of Economics, Finance and Administrative Science Pub Date : 2024-06-17 DOI: 10.1108/jefas-02-2024-0040

Carlos Alexander Grajales, Katherine Albanés Uribe

{"title":"ESG and financial performance via uncertain mining technology: do Multilatinas contribute to the sustainability of the region?","authors":"Carlos Alexander Grajales, Katherine Albanés Uribe","doi":"10.1108/jefas-02-2024-0040","DOIUrl":"https://doi.org/10.1108/jefas-02-2024-0040","url":null,"abstract":"PurposeThis paper proposes a methodology based on an uncertain mining technology that identifies the linguistic relationships of ESG and its components with a financial performance metric to help the sustainability diagnosis of a region, specifically Latin America.Design/methodology/approachFirst, based on a relevant dataset of companies in a region, a procedure is formulated whereby an uncertain mining technology extracts the mathematically significant linguistic relationships of ESG and its components with a financial performance metric. Second, a knowledge management process is designed based on the linguistic summaries obtained from the mining process. As a final step and drawing upon the two preceding processes, a diagrammatic system of signals is proposed for diagnosing the sustainability of the region as contributed by its companies.FindingsAfter this methodology is instantiated on a group of Multilatinas, it is observed that their sustainability contributions to the region are limited and that none of the identified linguistic relationships between ESG and the financial performance metric are favorable for the region.Originality/valueThis is the first proposal of its kind and it can be applied to any region of the world to assess the financial performance of its companies regarding their ESG commitments. In addition, it enables the region to comprehensively monitor compliance with the 2030 SDG agenda.","PeriodicalId":53491,"journal":{"name":"Journal of Economics, Finance and Administrative Science","volume":null,"pages":null},"PeriodicalIF":2.4,"publicationDate":"2024-06-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141334815","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 comparative analysis of consumer credit risk models in Peer-to-Peer Lending 点对点借贷中消费者信用风险模型的比较分析

IF 2.4

Journal of Economics, Finance and Administrative Science Pub Date : 2024-06-10 DOI: 10.1108/jefas-04-2021-0026

Lua Thi Trinh

{"title":"A comparative analysis of consumer credit risk models in Peer-to-Peer Lending","authors":"Lua Thi Trinh","doi":"10.1108/jefas-04-2021-0026","DOIUrl":"https://doi.org/10.1108/jefas-04-2021-0026","url":null,"abstract":"PurposeThe purpose of this paper is to compare nine different models to evaluate consumer credit risk, which are the following: Logistic Regression (LR), Naive Bayes (NB), Linear Discriminant Analysis (LDA), k-Nearest Neighbor (k-NN), Support Vector Machine (SVM), Classification and Regression Tree (CART), Artificial Neural Network (ANN), Random Forest (RF) and Gradient Boosting Decision Tree (GBDT) in Peer-to-Peer (P2P) Lending.Design/methodology/approachThe author uses data from P2P Lending Club (LC) to assess the efficiency of a variety of classification models across different economic scenarios and to compare the ranking results of credit risk models in P2P lending through three families of evaluation metrics.FindingsThe results from this research indicate that the risk classification models in the 2013–2019 economic period show greater measurement efficiency than for the difficult 2007–2012 period. Besides, the results of ranking models for predicting default risk show that GBDT is the best model for most of the metrics or metric families included in the study. The findings of this study also support the results of Tsai et al. (2014) and Teplý and Polena (2019) that LR, ANN and LDA models classify loan applications quite stably and accurately, while CART, k-NN and NB show the worst performance when predicting borrower default risk on P2P loan data.Originality/valueThe main contributions of the research to the empirical literature review include: comparing nine prediction models of consumer loan application risk through statistical and machine learning algorithms evaluated by the performance measures according to three separate families of metrics (threshold, ranking and probabilistic metrics) that are consistent with the existing data characteristics of the LC lending platform through two periods of reviewing the current economic situation and platform development.","PeriodicalId":53491,"journal":{"name":"Journal of Economics, Finance and Administrative Science","volume":null,"pages":null},"PeriodicalIF":2.4,"publicationDate":"2024-06-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141360923","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

Short-term effects of productive credit, savings and money demand on Ecuador’s economic growth, 2006–2020 2006-2020 年生产性信贷、储蓄和货币需求对厄瓜多尔经济增长的短期影响

IF 2.4

Journal of Economics, Finance and Administrative Science Pub Date : 2024-04-25 DOI: 10.1108/jefas-03-2023-0081

Armando Urdaneta Montiel, Emmanuel Vitorio Borgucci Garcia, Segundo Camino‐Mogro

引用次数: 0

Islamic banks' contribution to Indonesia districts' economic growth and poverty alleviation 伊斯兰银行对印度尼西亚地区经济增长和减贫的贡献

IF 2.4

Journal of Economics, Finance and Administrative Science Pub Date : 2024-04-24 DOI: 10.1108/jefas-06-2021-0097

Junaidi Junaidi

{"title":"Islamic banks' contribution to Indonesia districts' economic growth and poverty alleviation","authors":"Junaidi Junaidi","doi":"10.1108/jefas-06-2021-0097","DOIUrl":"https://doi.org/10.1108/jefas-06-2021-0097","url":null,"abstract":"PurposeThis research investigates the Islamic banks’ intermediation role (e.g. branches and deposits) in financing. It also examines how financing contributes to the regions' economic growth and poverty alleviation as a predictor and mediator variable.Design/methodology/approachA total of 297 observations were extracted from 33 Indonesian districts and 14 Islamic banks during the period 2012–2020. Fixed-effect regression analysis was used to examine variable’s interactions.FindingsThe empirical results indicate that Islamic banks have adopted a channelling role towards redistributing capital from lender to borrower. Besides, there are crucial roles in developing economies and reducing poverty at the district level. This study also reinforces the critical role of financing in mediating the relationship between branches and deposits as predictor variables and GDP and poverty as outcome variables.Research limitations/implicationsThe current study was limited to Indonesian Islamic banks and the district’s perspective. Future research needs to cover sub-districts and other poverty measurements (e.g. human education and development perspectives), including conventional and Islamic banks. It can help practitioners, regulators and researchers observe the dynamic behaviour of the banking sector to understand its role in the economic and social fields.Practical implicationsBank managers and regulators should promote branches, deposits and financing. It also enlightens people about the essential role of Islamic banks and their fundamental operations in business and economics.Originality/valueThis study contributes to economic literature, bank managers and local governments' decision-making processes by developing and testing an economic growth and poverty model.","PeriodicalId":53491,"journal":{"name":"Journal of Economics, Finance and Administrative Science","volume":null,"pages":null},"PeriodicalIF":2.4,"publicationDate":"2024-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140659276","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

Stock splits and reverse splits in the Brazilian capital market 巴西资本市场的股票分割和反向分割

IF 2.4

Journal of Economics, Finance and Administrative Science Pub Date : 2024-04-19 DOI: 10.1108/jefas-08-2021-0168

Daniel Werner Lima Souza de Almeida, Tabajara Pimenta Júnior, L. E. Gaio, Fabiano Guasti Lima

引用次数: 0

The mediating role of marketing management in the relationship between online presence and product innovation among SMEs 营销管理在中小型企业的网络存在与产品创新之间关系中的中介作用

IF 2.4

Journal of Economics, Finance and Administrative Science Pub Date : 2024-04-05 DOI: 10.1108/jefas-04-2022-0087

Allan Pérez-Orozco, J. Leiva, Ronald Mora-Esquivel

{"title":"The mediating role of marketing management in the relationship between online presence and product innovation among SMEs","authors":"Allan Pérez-Orozco, J. Leiva, Ronald Mora-Esquivel","doi":"10.1108/jefas-04-2022-0087","DOIUrl":"https://doi.org/10.1108/jefas-04-2022-0087","url":null,"abstract":"PurposeThis study explores the mediating role of marketing management in the relationship between online presence and product innovation among Small and Medium Enterprises (SMEs).Design/methodology/approachThe sample comprises 205 Costa Rican SMEs collected by the Global Competitiveness Project during the first half of 2019. The data were analyzed using a two-stage modeling strategy for ordinary regression models to analyze mediation effects.FindingsMarketing management as a strategic resource or capability accounts for the relationship between online presence and product innovation performance in SMEs, meaning that online presence resources require complementary organizational capabilities in marketing management to enhance product innovation.Originality/valueThis study, grounded in the resource-based view theory, contributes to the innovation field by identifying marketing management capabilities as an intermediate strategic interaction between online presence and product innovation performance in SMEs. Thus, managers should recognize the advantages of integrating marketing management principles and tactics into online presence tools to realize the value of their products by tailoring them to their client’s needs.","PeriodicalId":53491,"journal":{"name":"Journal of Economics, Finance and Administrative Science","volume":null,"pages":null},"PeriodicalIF":2.4,"publicationDate":"2024-04-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140737231","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

Financial technology and economic growth nexus in the East African community states 东非共同体国家的金融技术与经济增长关系

IF 2.4

Journal of Economics, Finance and Administrative Science Pub Date : 2024-04-05 DOI: 10.1108/jefas-01-2022-0009

C. A. Ngong, Kesuh Jude Thaddeus, J. U. Onwumere

{"title":"Financial technology and economic growth nexus in the East African community states","authors":"C. A. Ngong, Kesuh Jude Thaddeus, J. U. Onwumere","doi":"10.1108/jefas-01-2022-0009","DOIUrl":"https://doi.org/10.1108/jefas-01-2022-0009","url":null,"abstract":"PurposeThis paper aims to examine the causation linking financial technology to economic growth in the East African Community states from 1997 to 2019.Design/methodology/approachAutoregressive distributed lag is used. Gross domestic product per capita proxies economic growth, automated teller machines, point of sale, debit card ownership and mobile banking measure financial technology.FindingsThe results unveil a significant relationship between financial technology and economic growth. The findings show bidirectional causality between automated teller machine and economic growth, with unidirectional causation from economic growth to point of sales and internet banking, mobile banking and government effectiveness to economic growth. The error correction term is negatively significant, demonstrating a long-term convergence between Fintech measures and economic growth.Research limitations/implicationsThe governments should effectively enact and implement policies that protect investments in financial technologies to boost economic growth in the East African Community countries. The government should reduce taxes on financial technology equipment and related services. The use of automated teller machine, debit card ownership and internet banking should be encouraged through cashless transactions. Financial institutions should adopt cashless operation policies to encourage the use of financial technologies.Originality/valueResearch results on the bond between financial technology and economic growth are not conclusive. These studies demonstrate that technological innovations are double edged-swords, with both positive and negative sides. The results are conflicting; some reveal positive relationships, while others show negative links. Hence, research is required to fill the lacuna.","PeriodicalId":53491,"journal":{"name":"Journal of Economics, Finance and Administrative Science","volume":null,"pages":null},"PeriodicalIF":2.4,"publicationDate":"2024-04-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140740635","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

Editorial: 57th issue of the Journal of Economics, Finance and Administrative Science 编辑第 57 期《经济、金融和行政科学杂志

IF 2.4

Journal of Economics, Finance and Administrative Science Pub Date : 2024-03-26 DOI: 10.1108/jefas-04-2024-335

Luis Chávez–Bedoya

引用次数: 0

Evolution of trade and productive integration in Latin America, 1995–2015: an input-output analysis 1995-2015 年拉丁美洲贸易和生产一体化的演变：投入产出分析

IF 2.4

Journal of Economics, Finance and Administrative Science Pub Date : 2024-03-20 DOI: 10.1108/jefas-09-2022-0202

Raúl Vázquez-López

{"title":"Evolution of trade and productive integration in Latin America, 1995–2015: an input-output analysis","authors":"Raúl Vázquez-López","doi":"10.1108/jefas-09-2022-0202","DOIUrl":"https://doi.org/10.1108/jefas-09-2022-0202","url":null,"abstract":"PurposeThe main goal of this paper is to examine the evolution of Latin American productive integration in terms of the regional value added incorporated in intra-regional exports of Argentina, Brazil, Chile, Colombia, Mexico and Peru. In addition, the study traces the trade and productive integration trajectories for each of these countries from 1995 to 2015.Design/methodology/approachBased on the use of OECD’s global ICIO input-output tables, this paper applies the methodological framework by Wang et al. (2018) for the analysis of trade flows at the bilateral level, which allows breaking down the value of gross exports of each sector-country, depending on the origin of the value added contained in exports, as well as their use.FindingsThe estimates show very low shares of value added from regional partners in the intra-regional exports of the countries studied. Conversely, the weight of the value added incorporated in these exports by countries outside the region has increased in tandem with China’s expanding involvement in Latin America. This development, along with the downward trend in domestic value added incorporated in exports, indicates a lack of a regional integration process of any depth.Originality/valueThis article addresses an economic problem of conventional importance from a global value chain perspective using a novel methodology based on the use of global input–output tables.","PeriodicalId":53491,"journal":{"name":"Journal of Economics, Finance and Administrative Science","volume":null,"pages":null},"PeriodicalIF":2.4,"publicationDate":"2024-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140224973","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