International Journal of Banking, Accounting and Finance最新文献

{"title":"Dividends, investment and pension contributions","authors":"Jon Tucker, Ismail Ufuk Misirlioglu","doi":"10.1504/ijbaaf.2023.10060427","DOIUrl":"https://doi.org/10.1504/ijbaaf.2023.10060427","url":null,"abstract":"","PeriodicalId":53549,"journal":{"name":"International Journal of Banking, Accounting and Finance","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135706401","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":"Do foreign investors affect stock price crash risk in the Korean stock market","authors":"Sang Koo Kang, Haksoon Kim, Hyunil Lim","doi":"10.1504/ijbaaf.2023.133916","DOIUrl":"https://doi.org/10.1504/ijbaaf.2023.133916","url":null,"abstract":"","PeriodicalId":53549,"journal":{"name":"International Journal of Banking, Accounting and Finance","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136004201","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":"Going global: evidence from India","authors":"Roberta Adami, Sudha Mathew, Prem Puwanenthiren, Sheeja Sivaprasad","doi":"10.1504/ijbaaf.2023.133919","DOIUrl":"https://doi.org/10.1504/ijbaaf.2023.133919","url":null,"abstract":"","PeriodicalId":53549,"journal":{"name":"International Journal of Banking, Accounting and Finance","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136005800","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":"Effect of Risk Avoidance on Performance of Devolved Governments in Kenya","authors":"F. Ochola, Stephen Lucas, M. Nyamita","doi":"10.47604/ijfa.1714","DOIUrl":"https://doi.org/10.47604/ijfa.1714","url":null,"abstract":"Purpose: Risk avoidance are critical techniques in the elimination of threats, undertaking and submissions that can negatively influence an institution or government gains and investment decision worldwide. By halting the activity that can lead to likely problems, the chance of incurring and loss is eliminated. However, devolved system of government studies on risk avoidance are scanty in Kenya. The main purpose of the study was to investigate the effect of risk avoidance and how it influences performance of devolved governments in Kenya. \u0000Methodology: The study was anchored on the agency and stakeholder theory. A correlational research design was used based on the nature of data collected. The study was analytical and hence it took a pragmatic philosophical reasoning. The study targeted 423 respondents in the 47 devolved governments departments in Kenya. A sample size of 381 respondents from the devolved governments departments was drawn from the targeted population using stratified sampling technique. The study used primary data from the use of questionnaires. Data was analyzed using Statistical Packages for Social Sciences version 24 utilizing inferential statistics which involved testing of the hypothesis at 95% confidence level and also descriptive statistics (frequencies, percentages, mean and standard deviation). Data was presented by use of tables. \u0000Findings: The outcomes indicated that risk avoidance indicator had a standardized Beta coefficient of 0.341, an absolute t-value of 5.609 and p˂0.05 (0.03) which indicated that risk avoidance had a statistically considerable effect on performance of devolved governments in Kenya. \u0000Unique Contribution to Theory, Practice and Policy: The study suggests that devolved governments and key stakeholders should upgrade, embrace and ensure that risk avoidance techniques are in place in the devolved governments so as to improve on performance of devolved government. \u0000 ","PeriodicalId":53549,"journal":{"name":"International Journal of Banking, Accounting and Finance","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87643688","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":"Relationship Between Public Debt And Financial Development In Kenya","authors":"Samwel Kipyego, Charity W. Njoka, J. Muniu","doi":"10.47604/ijfa.1704","DOIUrl":"https://doi.org/10.47604/ijfa.1704","url":null,"abstract":"Purpose: This study sought to analyze the relationship between public debt and financial development in Kenya. The specific objectives were to examine the association between public domestic debt and financial development, to analyze the connexion between public external debt and Kenya's financial development. The study was underpinned on Financial Repression, Financial Liberalization, Lazy Bank Hypothesis, Demand following hypothesis, and the MacKinnon theoretical model. \u0000Methodology: The study applied positivism philosophy and explanatory research design. The study used country data hence no need for sampling. Data was collected for 1964 to 2019 from Kenya's Central Bank. Descriptive and inferential statistics were used in the study. Diagnostic tests such as Multi-collinearity, Auto-correlation, Normality, and Unit root were performed.  Specifically, the long-run and short-run relationships were analyzed using the Auto-Regressive Distributive lag (ARDL) bound test for cointegration. An error correction model was applied to examine the short-run association. \u0000Finding: The test suggested the presence of a stable long-run relationship between financial development, public domestic debt, public external debt, and interest rate. The study finding indicates that public domestic debt has a statistically significant negative relationship with Kenya's financial development both in the long and short run. Also, public external debt has a statistically significant positive long and short-run association with financial development. \u0000Unique Contribution to Theory, Practice and Policy: The affirms liberalization theory by Shaw and Mackinnon (1973), advocating for a reduction in direct government participation in the financial market credit restriction In addition the study's findings are consistent with the lazy bank hypothesis by Hauner (2009) In addition, the government must ensure appropriate market-determined interest rate must be applied in domestic public debt. Furthermore, the government should continue fostering financial liberalization policies that encourage public external debt has its impacts positively on financial development. \u0000  \u0000 ","PeriodicalId":53549,"journal":{"name":"International Journal of Banking, Accounting and Finance","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-11-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72906453","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 Weights and Measures Officers in Revenue Collection: A Case of Weights and Measures Agency in Dar es Salaam","authors":"Happy Titi","doi":"10.37284/ijfa.1.1.919","DOIUrl":"https://doi.org/10.37284/ijfa.1.1.919","url":null,"abstract":"This study aimed to investigate the factors affecting weights and measures officers (WMO) in revenue collection, a case at Dar es Salaam. The study employed a cross-sectional research design, whereas a sample size of 63 respondents that, include 59 WMO and 4 RM of WMA from Dar es Salaam were involved. A simple random sampling technique was used in the selection of WMO, and a purposive sampling technique was used in the selection of the regional managers (RM) of four administrative regions. Questionnaires, interviews, and documentary reviews were used for data collection. The collected quantitative data were analysed by using descriptive statistics, while qualitative data were analysed by using thematic analysis. The study found that lack of regular training on revenue collection, the existence of fraud, shortage of WMO and shortage of budget hinder their revenue collection at WMA. The study recommends that WMA should improve the provision environments of the service delivery to satisfy its customers. WMA needs to train its WMO in customer services, customer satisfaction and professional skills, WMA should look for sustainable and definite sources of revenue to generate funds for its budget, and WMA should put in place human resource policies, such as recognition policy and rewards, and training policy to enhance professional excellence and motivation of WMO to be results oriented","PeriodicalId":53549,"journal":{"name":"International Journal of Banking, Accounting and Finance","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87103137","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":"Assessment of Internal Control Practices on Financial Performance of State Corporations in Kenya","authors":"Robert Mrima, M. Ronald","doi":"10.47604/ijfa.1675","DOIUrl":"https://doi.org/10.47604/ijfa.1675","url":null,"abstract":"Purpose: The purpose of this study was to assess the influence of internal control practices on financial performance of state corporations in Kenya. State corporations have been identified as important drivers in accelerating national growth and2 development as well as2improving delivery of public services. However, their performance has over the years been a2matter of public2concern. \u0000Methodology: The study used descriptive research design. A study population of 561 was collected2and a sample of 234 was selected for the study randomly using Yamane (1967) formula. It involved collection of primary data on segregation of duties, transactional authorization, independent checks, documentation and records. Secondary data was collected as well to assess the performance of the state corporations. Data was obtained randomly from the corporations and analyzed using descriptive statistics and regression analysis and the outcomes were shown through tables. \u0000Findings: Upon analysis of data collected, findings showed that internal control practices significantly influenced the financial performance of state corporations in Kenya. The internal control practices had a significant influence on the financial performance of state corporations. \u0000Unique Contributions to Theory, Practice and Policy: It was concluded that these internal control factors were critical and needed to be embraced so as excellent financial performance of state corporations can be realized. The study recommended that the management should continually assess the risk, monitor control implementation, and modify controls as needed in order to identify and establish effective controls.","PeriodicalId":53549,"journal":{"name":"International Journal of Banking, Accounting and Finance","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-10-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77330258","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 Working Capital on Firm Financial Performance Management in The United Republic of Tanzania","authors":"M. L. Bukwimba, Charles E. Ngata","doi":"10.37284/ijfa.1.1.909","DOIUrl":"https://doi.org/10.37284/ijfa.1.1.909","url":null,"abstract":"The efficient management of working capital is very vital for business survival and thus a factor for an overall boost in profitability. The study analysed the effect of working capital management on a firm’s financial performance, a case of seven selected manufacturing firms in Tanzania listed with the Dar es Salaam Stock Exchange for the period from 2011 to 2020. The paper adopted secondary data from the annual reports of selected manufacturing firms in Tanzania. Purposive sampling techniques were used to select annual reports for investigation, and data were collected from the financial statements of the selected manufacturing firm. The results of the study indicated that the average Collection Period has an insignificant and negatively association with Financial Performance. Moreover, the study revealed that Inventory turnover in days was insignificant and negatively related to the financial performance (ROA) of the manufacturing firms. The study concludes that Finance Managers can improve the profitability of their firms by reducing the credit period granted to their customers, and this can be achieved through prompt collections of accounts receivables and delaying payment of accounts payables or average payment periods and investing the money in different profitable ventures","PeriodicalId":53549,"journal":{"name":"International Journal of Banking, Accounting and Finance","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-10-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86084775","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":"Recovery of Debts Due to Banks: A Need for Debts Recovery Tribunal and Securitisation Law in Tanzania - A Leaf Plucked from Indian and UK Jurisprudence","authors":"Archibald Aristarch Kiwango, Nyamwero Bwire Nyamwero","doi":"10.37284/ijfa.1.1.891","DOIUrl":"https://doi.org/10.37284/ijfa.1.1.891","url":null,"abstract":"Like any other developing countries, Banks are the foundation of the Government's financial sector in Tanzania. They have been playing a positive role in promoting the country's economy. So, the development of banking institutions is one of the essential ingredients that play a crucial role in stimulating the financial institution's development and economic growth simultaneously in Tanzania. Banks and financial institutions at present experience considerable difficulties in recovering loans and enforcement of securities charged within them. The existing procedure for recovery of debts due to banks and financial institutions has blocked a significant portion of their funds in productive asserts, the value of which deteriorates with the passage of time, in this context therefore, Effective legal machinery and timely dispute resolution mechanisms between banks and customers are necessary for the growth of the banking sector. This article, therefore, is devoid of substantiating the need for a specialized Tribunal for recovery of debts due to Banks in Tanzania jurisdiction and the need for securitization Law.","PeriodicalId":53549,"journal":{"name":"International Journal of Banking, Accounting and Finance","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77024638","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 IMPACT OF COVID-19 ON INTERNALLY GENERATED REVENUE OF SOUTH-WEST NIGERIA","authors":"Mercy Femi-Olagundoye, O. Olagundoye","doi":"10.47604/ijfa.1666","DOIUrl":"https://doi.org/10.47604/ijfa.1666","url":null,"abstract":"Purpose: the paper investigated the impact of COVID-19 on the Internally Generated Revenue (IGR) of southwest Nigeria comprising Ekiti state, Lagos state, Ogun state, Ondo State, and Osun state, Oyo state. \u0000Methodology: the authors sourced data from secondary sources; the Internally Generated Revenue was obtained from the annual publication of the National Bureau of Statistics covering 2019 and 2020 and the COVID-19 confirmed cases were obtained from National Disease Control Centre. \u0000Findings: The result showed that paired correlation of IGR 2019 and 2020 showed a strong positive correlation and the same was also true of COVID-19 cases and IGR 2020 (p = 0.001). The result of the t-test showed no significant difference (p > 0.05) between IGR 2019 and IGR 2020 quarter on quarter. \u0000Unique Contribution to Theory, Practice and Policy: The result supported two theories; The ‘Pecking Order Theory and Ability-To-Pay, Internally Generated Revenue focuses on funds derived within the state, just like internal financing to a firm. The internally generated revenue did not decline during the pandemic because taxes were paid since the majority were paid salaries during the pandemic and transactions were conducted online via platforms, more importantly, the Central Bank of Nigeria did not shut down so economic activities were not paralyzed but migrated to online. The study proved that in times of crisis, IGR may not be adversely affected if all the channels of generating income are available to taxpayers. This aids budget and planning during a crisis period, furthermore, the government will be able to plan and channel funds to areas of need accordingly. The result further supported the new model of working; people can work remotely and pay their taxes despite the lockdown.","PeriodicalId":53549,"journal":{"name":"International Journal of Banking, Accounting and Finance","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-10-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78417994","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}