Series-4 (Jan. – Feb. 2022)Jan. – Feb. 2022 Issue Statistics
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|Paper Type||:||Research Paper|
|Title||:||Concentration bancaire et transmission monétaire par le canal étroit du crédit au sein de l'UEMOA|
|Authors||:||SIAGBE YETE DIEUDONNE|
Abstract: The WAEMU faces many questions about monetary transmission through the credit channel. In this respect, the data collected indicate that monetary policy through the credit channel is ineffective, since bank financing of the economy is low and varies very little despite the almost continuous fall in the central bank's money market rate. Moreover, these findings are recorded within a highly concentrated banking system. Consequently, this study proposes to analyse the effect of concentration in the monetary transmission through the credit channel. The model estimated by the GMM method in Blundell, R. and Bond, S. (1998), on a panel database of 43 banks from 2002 to 2016, shows that bank concentration is the cause of monetary policy inefficiency. Moreover, this impact is heterogeneous among the members of the union.
Key Word: Bank concentration, monetary transmission, credit channel, GMM in system.
. Adams, R. M. et Amel, D. F. (2005). The effects of local banking market structure on the banking-lending channel of monetary policy. US: Board of Governors of the Federal Reserve System (Retrieved 02 November, 2015)
. Altunbaş, Y. Fazylov, O. et Molyneux, P. (2002). Evidence on the bank lending channel in Europe. Journal of Banking & Finance, 26(11), 2093–2110.
. Altunbas, Y., Gambacorta, L. et Marques-Ibanez, D. (2010). Bank risk and monetary policy. Journal of Financial Stability, 6(3), 121–129.
. Amidu, M. et Wolfe, S. (2013). The effect of banking market structure on the lending channel: Evidence from emerging markets. Review of Financial Economics, 22(4), 146–157.
. Arellano, M. et Bond, S. (1991). Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. The Review of Economic Studies, 58(2), 277–297.
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Abstract: This study aims to analyze the effect of locus of control, financial knowledge, income, and accounting information system on the financial management behavior of middle-class MSE in Yogyakarta. The subjects of this study were all middle-class MSE owners, especially those listed on the Jogjakota MSME website, which was as many as 23 middle-class MSE.
The collected data was analyzed using a validity test and reliability test. To analyze the data used Likert scale analysis and multiple linear regression tests. The hypothesis test uses the T count test, F count, and coefficient of determination (R2). The results.....
Keywords: Locus Of Control, Financial Knowledge, Income, Accounting Information System, Financial Management Behavior.
. Ajzen, Icek dan Fishbein. (1980). Theory of Reasoned Action.
. Arifin, Agus Zainul. (2017). The Influence of Financial Knowledge, Control and Income on Individual Financial Behavior. European Research Studies Journal Volume XX, Issue 3A.
. Hall, James A (2009). Sistem Informasi Akuntansi. Jakarta: Salemba Empat.
. Haron, R., et al. (2013). A Study on Timeliness of Income Recognition for Shariah Compliant Companies: A Malaysian Evidence. International Journal of Social Science and Humanity 3(2).
. Hilgert,Marianne A., Jeanne M.Hogarth dan Sondra Baverly. (2003). Household Financial Management: The Connection between Knowledge and Behavior.Federal Reserve Bulletin,89(7):309-322.
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|Paper Type||:||Research Paper|
|Title||:||CEO Compensation and Firm Performance: Evidence from Nigeria Conglomertes Firms|
|Authors||:||Elsie Edochie || Samuel Eniola Agbi || Lateef Olumide Mustapha|
Abstract: The purpose of this study is to examine whether CEO compensation impact on firm performance to determine whether independent board directors mediate the relationship between CEO compensation and firm performance. This study sample is the five conglomerate companies listed on the Nigeria stock exchange from the period of 2013 to 2020, 8 years. CEO compensation is proxy by the natural logarithms of the pay of the CEO and firm proxy is proxy by ROA. The secondary were sources from the annual report and accounts of the study companies. The.....
Keywords: CEO Compensation, ROA, Conglomerate firms, Nigeria
. Al-Shammari, H. A. (2021). CEO compensation and firm performance: The mediating effects of CEO risk taking behaviour. Cogent Business and Management, 8(1), 0–19. https://doi.org/10.1080/23311975.2021.1894893
. Alves, P., Barbosa, E. and Morais, P. (2016) 'Research in International Business and Finance Executive pay and performance in Portuguese listed companies', Research in International Business and Finance. Elsevier B.V., 37, pp. 184–195. doi: 10.1016/j.ribaf.2015.11.006.
. Bebchuk, LA. & Fried, JM 2003, 'Executive Compensation as an Agency Problem', Journal of Economic Perspectives, vol. 17, pp. 71-92
. Cai, G., & Zheng, G. (2016). Executive compensation in business groups : Evidence from China q. China Journal of Accounting Research, 9(1), 25–39. https://doi.org/10.1016/j.cjar.2015.06.003
. Deysel, B., & Kruger, J 2015, 'The relationship between South African CEO Compensation and company performance in the banking industry', Southern African Business Review, vol. 19, no. 1, pp. 137-169
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|Paper Type||:||Research Paper|
|Title||:||The Effects of Working from Home on Employee Productivity: The Case of Nedbank Zimbabwe|
|Authors||:||Bhebhe, T. || Mamvura, N. || Chigwada, J. || Sengerai, T.|
Abstract: The Covid -19 pandemic brought changes in the workplace. Some of these changes have not been subject to research in order to gather empirical evidence on their effectiveness. The focus of this study was to investigate the effects of working from home (WFH) on employee productivity. A mixed research approach (pragmatism) was used where a sample of 100 employees out of a population of 300 from Nedbank Zimbabwe participated as respondents selected using a purposive sampling technique. Data was collected, presented and analysed using descriptive and inferential statistical methods with the aid of SPSS Version 27. The study found that working from home (WFH) is suitable during times of pandemics as it allows for social distancing and it protects employees by reducing chances of infection. It was established that working from home is not possible for certain categories of employees....
Keywords: Working from home, telecommuting, employee productivity, teleworking, remote working.
. Alanazi, T. R., Khalaf, B., & Rasli, A. (2013). Overview of path-goal leadership theory. Jurnal Teknologi, 64(2).
. Antonello, V. S., Panzenhagen, A. C., Balanzá-Martínez, V., & Shansis, F. M. (2020). Virtual meetings and social isolation in COVID-19 times: transposable barriers. Trends in psychiatry and psychotherapy, 42, 221-222.
. Bartik, A. W., Cullen, Z. B., Glaeser, E. L., Luca, M., & Stanton, C. T. (2020). "What Jobs Are Being Done at Home During the Covid-19 Crisis? Evidence from Firm-Level Surveys." NBER Working Paper, No. 27422.
. Beauregard T. A. (2011) 'Direct and Indirect Links between Organizational Work–home Culture and Employee Well-being', British Journal of Management 22(2): 218– 237.
. Bloom N., Liang J., Roberts J. and Ying Z. J. (2014) 'Does Working from Home Work? Evidence from a Chinese Experiment', The Quarterly Journal of Economics 130(1): 165– 218..
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Abstract: The COVID-19 pandemic has caused various economic upheavals around the world, especially in the financial sector. During the pandemic, the stock market in Indonesia showed high volatility mainly due to unpredictable market conditions and unexpected investor behavior. Investors must show their rationality where their financial behavior should not be influenced by behavioral bias factors. Some of the behavioral bias factors that are of concern in this study are the presence of heuristic, prospect, market, and herding biases that affect investment decisions among individual investors in Indonesia during the COVID-19 pandemic. In this study begins with the basis of behavioral finance theory and then the formulation of the hypothesis is tested through the collection of questionnaires....
Keywords: behavioral bias; investment decisions; financial behavior; COVID-19; Indonesian Stock Exchange.
. Alquraan, T., Alqisie, A., & Al Shorafa, A. (2016). Do Behavioral Finance Factors Influence Stock Investment Decisions of Individual Investors? (Evidences from Saudi Stock Market). American International Journal of Contemporary Research, 6(3), 159–169. www.aijcrnet.com
. Bakar, S., & Yi, A. N. C. (2016). The Impact of Psychological Factors on Investors' Decision Making in Malaysian Stock Market: A Case of Klang Valley and Pahang. Procedia Economics and Finance, 35(October 2015), 319–328. https://doi.org/10.1016/s2212-5671(16)00040-x
. Barberis, N., & Thaler, R. (2005). A survey of behavioral finance (pp. 1-76). Princeton University Press.program (NCEP) expert panel on detection, evaluation, and treatment of highblood cholesterol in adults (adult treatment panel III) finalreport. Circulation. 2002;106(25, article 3143).
. Bashir, T., Azam, N., Butt, A. A., Javed, A., & Tanvir, A. (2013). Are behavioral biases influenced by demographic characteristics & personality traits? Evidence from Pakistan. European Scientific Journal, 9(29).Bener A, Zirie M, Musallam M, Khader YS, Al-Hamaq AOAA. Prevalence ofmetabolic syndrome according to adult treatment panel III and internationaldiabetes federation criteria: a population-based study.
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Abstract: Background: Innovation is not all about the commercialization of ideas and inventions as one sometimes finds that things described as innovations involve no impact, little or no novelty but rather a few changes in the use or application of the innovation. This study aimed at exploring the area with the hope of providing important answers on the effect of process and product innovation and performance of Savings and Credit Co-operative Societies (SACCOs) in Meru County. The study was guided by the following objectives: To determine the effect of process innovation and performance of SACCOs in Meru County and to establish how product innovation has an effect on performance; The study was anchored on Schumpeter's innovation theory and Task Technology fit theory. The study adopted....
Keywords: Financial Innovation; Financial Technology; Deposit Taking Saccos.
. Blythin, J & Cooten, J. (2017).. The Development of FinTech in Nairobi: Contributions to Financial Inclusion and Barriers to Growth Masters in Management Thesis Lund University school of management. Retrieved from http://lup.lub.lu.se/luur/download?func=downloadFile&recordOId=8917326&file Id=8917329
. Broom, J. (2013). Determinants of Informal Finance Use in Kenya, (152).
. Carayannis, E. G., Samara, E. T., & Bakouros, Y. L. (2015). Innovation and Competitiveness: Case Study Innovation and Entrepreneurship. Springer, Cham
. Goodhue, Dale & Thompson, Ronald. (1995). "Task-Technology Fit and Individual Performance," MIS Quarterly, 19( 2), 58-92
. Makori, J., Munene, C. & Muturi, W. (2013). The challenges facing deposit-taking Savings and Credit Cooperative Societies' regulatory compliance in Kenya. A case of the Gusii Region, Interdisciplinary Journal of Contemporary Research in Business, 4(12)