IOSR-JEF   Volume-11 ~ Issue-5 ~ Sep. – Oct. 2020

Abstract: A significant number of the non-financial firms listed at Nairobi Securities Exchange (NSE) have been experiencing declining financial performance which deter investors from investing in such firms. The lenders are also not willing to lend to such firms. As such, the firms struggle to raise funds for their operations. Prudent financing decisions can lead to financial growth of the firm.The purpose of this study is to assessthe effect of Long-term debt on the financial growth of Non-financial firms listed at Nairobi Securities Exchange. Financial firms were excluded because of their specific sector characteristics and stringent regulatory framework.The study is guided by Trade-Off Theory and Theory of Growth of the Firm.Explanatory research design was adopted. The population of the study comprised of 45 non-financial firms listed at the NSE for a period of ten years from 2008 to 2017. The study conducted......

Keywords: Long Term Debt, Non-financial Firms, Nairobi Securities Exchange, Growth in Earnings PerShare, Growth in Market Capitalization

Abstract: This paper tries to identify the relationship and impact of green finance (green banking) on profitability of commercial banks in Bangladesh. In order to do that, data have been collected from secondary sources (annual reports of selected banks, Bangladesh bank and websites) of 33 commercial banks for the period from 2012 to 2019. The data which have been acquired classified, arranged to attain theobjectives. The profitability ratios, correlation and simple regression are applied to analyze data. The profitability measures are return on total assetsand return on equity. In regression analysis the green finance (green banking) has been selected as independent variable and return on total assets taken as dependent variable. The results indicate that there is a positive relationship between green finance and profitability. It is also found from regression analysis that there is a positive impact of green finance on profitability. It implies that increase in green finance will increase the return of the commercial banks in Bangladesh or vice versa. The finding will be helpful for policy making and for further research for researcher.

Keywords: Green banking, Green finance and profitability.

Abstract: Since the beginning of globalisation era, it has been revealed that income and wealth inequality is increasing consistently in India. This paper has reviewed the existing literature related to globalisation, economic growth and inequality. It also analyses the growth of income inequality in India in pre-globalisation and post-globalisation era, and it attempts to analyse whether income inequality increased or decreased due to the process of globalisation. Therefore, this study highlights the trends of income inequality among various income groups during pre-globalisation and post-globalisation periods. It has been found that the distribution of national income among the individuals tended to grow more unequal in India since the 1980s due to globalisation, openness of trade, development of skill biased technologies, and domestic policies such as a decrease in fiscal deficit at the cost of social expenditure and ineffectiveness of progressive taxation.

Keywords: Globalisation, Economic growth, Inequality, Distribution, Income, India.

Abstract: Commercial banks have pivotal role in economic development. They not only create wealth but also, the custodian of resources mobilization and allocation. Global business environment has amplified the need for effective corporate governance which maximizes shareholder wealth and minimize possibilities of financial distress. Corporate governance aids with the protection of investors' interest against stakeholders and management exploitation. Board members have critical role in enhancing clarity on their role in company's management through monitoring and advising chief executive officers. Successful governance is reflected in quality of financial and non-financial performance. Investment confidence is dependent on financial health situation of a firm. The specific objectives for the study were: to determine the relationship between ownership structure, board structure, audit committee and independent directorship and financial distress of commercial banks listed at Nairobi Securities Exchange......

Keywords: Financial distress, ownership structure, board structure, independent directorship, audit committee and Nairobi Securities Exchange.

Abstract: Since the beginning of globalisation era, it has been revealed that income and wealth inequality is increasing consistently in India. This paper has reviewed the existing literature related to globalisation, economic growth and inequality. It also analyses the growth of income inequality in India in pre-globalisation and post-globalisation era, and it attempts to analyse whether income inequality increased or decreased due to the process of globalisation. Therefore, this study highlights the trends of income inequality among various income groups during pre-globalisation and post-globalisation periods. It has been found that the distribution of national income among the individuals tended to grow more unequal in India since the 1980s due to globalisation, openness of trade, development of skill biased technologies, and domestic policies such as a decrease in fiscal deficit at the cost of social expenditure and ineffectiveness of progressive taxation.

Keywords: Globalisation, Economic growth, Inequality, Distribution, Income, India.

Abstract: La question de la performance bancaire a fait l'objet d'un large spectre d'études au cours de ces dernières années, que l'objectif soit d'évaluer la contribution du système bancaire au développement économique, d'analyser les mécanismes de dissémination des crises financières ou tout simplement de comparer la performance financière des établissements. Globalement, cette évaluation de la performance prend des formes distinctes selon l'objectif poursuivi, avec des indicateurs purement comptables, d'autres de nature économique et enfin, ceux qui intègrent une dimension marchésfinanciers. La Banque Commerciale du Congo (BCDC) évolue dans un monde qui bouge, elle doit pouvoir s'adapter, voire anticiper certains changements culturels, répondre aux besoins et attentes des clients. Et le challenge, c'est de réaliser cette mutation en ayant une parfaite maîtrise des risques liés aux métiers de la banque. Cela permet de travailler dans la sérénité, en bénéficiant de la confiance......

Keywords: Banque ; cycle d'exploitation ; gestion ; performance financière

Abstract: The study has the major purpose to investigate the impact of the foreign direct investment ongross domestic product and inflation in the context of Nepal. This study is quantitative in nature and adopted the regression model for the evaluation of effects of the variables. And for the results the dataset undertaken are the yearly data from 2000 to 2019. The analysis of the results on this paper concludes that the overall model is significant.. There that FDI is positive but have insiginificant relationship with GDP, where as INF has positive and insignificant relationship with GDP

Keywords:Foreign Direct Investment, Gross Domestic Product, Inflation.

Abstract: Investors are usually risk averse and future market provides effective hedging facility by eliminating price risk. This research is concerned with investigating the Hedge Ratio and Hedging effectiveness of stock index futures and is estimated using the securities which were listed in NSE Nifty 50 Index. Daily closing prices of spot and near month futures of 10 listed companies from different sectors are selected from 50 companies on the basis of Market Capitalisation. Data was collected for a period from 1st January 2010 to 6th November 2019 and include 2424 observations for a single security. Various econometric tools such as ADF test and Johansen co integration test, VECM are used for estimation. Optimal hedge ratios and Hedging effectiveness of the stock futures are estimated using CCC-.......

Keywords: Hedging, Futures, Spot closing price, CCC- MGARCH, Hedge ratio, Hedging Effectiveness