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| Paper Type | : | Research Paper |
| Title | : | International Remittance Inflows and Banking Sector Development in Nigeria |
| Country | : | Nigeria |
| Authors | : | Kayode, Olawale FemiPh.D Candidate Adeleye || J. Olusola Principal Lecturer |
Abstract: This study employedJohansenMaximum Likelihood Estimator Test and Toda-Yamamoto Granger non-Causality(1996) methodology, to uncover the long-run relationship and the direction of causality between remittance inflows and banking sector development in Nigeria between 1984 and 2014. The empirical results suggest that remittances and bank development are cointegrated, indicating a stable long run equilibrium relationship. Further, the findings revealed a unidirectional causality from bank development to remittance inflows with the complimentary role of bank size and efficiency in remittance inflows.........
Keywords: Remittance inflows, Banking sector development, causality, Bank size and efficiency, Johansen Maximum Likelihood Estimator, Toda-Yamamoto Methodology
[1] Abdih Y. Chanu R. Dagher J and Montiel P. (2008) "Remittances and Institutions; Are Remittances a Curse?" IMF Working Paper, 29/2008.
[2] Acosta P, Baerg R and Mandelman F (2009) "Financial Development, Remittancesand Real Exchange Rate Appreciation" Federal Reserve Bank of AtlantaEconomic Review, 94, 1-12.
[3] Adams R. and Page J. (2003) International Migration, Remittances and Poverty in Developing Countries, World Bank Policy Research Paper 3179, Washington.
[4] Adeagbo, O. and Ayansola, O.A. (2014). Impact of Remittances on Development in Nigeria: Challenges and Prospects, Journal of Sociology and Anthrophology. 5(3) 311 – 318.
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| Paper Type | : | Research Paper |
| Title | : | Determinants of Factors That Affect Poverty among Coastal Fishermen Community in Malaysia |
| Country | : | Malaysia |
| Authors | : | Ali Mohamed Omar Rhoumah |
Abstract: This study investigated the determinants of poverty among Coastal fishermen in East Coast Peninsular Malaysia. In this study was used several measurements to measure poverty and the logistic regression model used to estimate the effect of socioeconomic factors on poverty among fishing households. The result shows high incidence of poverty among fishing households. The size of household, income, education, and marital status are the major determinants of poverty among fisher's households.
Keywords: Poverty, Fishermen, Logistic Regression, Household, and Malaysia
[1]. Abdul-Hakim, R., & Che-Mat, S. H. (2011). Non-Farm Activities and Time to Exit Poverty : A Case Study in Kedah, Malaysia. World Review of Business Research, 1(2), 113–124.
[2]. Ahmed, N. U. (1999). A Study on Socio-economic Aspect of Coastal Fishermen in Bangladesh, MS Thesis, Department of Fisheries Management, Bangladesh Agricultural University, Mymensingh.
[3]. Ahmed, N., Rahman, S., Bunting, S. W., & Brugere, C. (2013). Socio-economic and ecological challenges of small-scale fishing and strategies for its sustainable management : A case study of the Old Brahmaputra River , Bangladesh, 34, 86–102. doi:10.1111/sjtg.12015
[4]. Abu Talib Ahmad1, Tan Geik Hong2 and Abd. Hamid Yasin2. "Overview of the National Fisheries Situation with Emphasis on the Demersal Fisheries off the." n.d.
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| Paper Type | : | Research Paper |
| Title | : | ERM Quantitative Risk Analysis Methods AndTechniquesapplied To A Small Commercial Bank |
| Country | : | Indonesia |
| Authors | : | Ricardo Matos Chaim |
Abstract: Sincemodeling and risk management must be viewed as a tool to improve business performance, data and modeling tools are required to support financial risk quantification and capital allocation. Market developments and enhanced regulations require new techniques in order to improve Asset and Liability Management..Despite the importance of risk evaluation, lack of reliable public information, the singular probabilistic behavior of the return (or the loss) of market and credit risks and the underlying nature of the business leads to a complexity that is difficult to handle without a combination of methods and techniques that could together give a systemic view of the problem.
[1]. Albert, Jim. Bayesian computation with R. Baltimore-USA, Springer Science, 2007
[2]. Alexander, Carol & Sheedy, Elizabeth.The professional risk managers´ handbook.PRMIA (The professional risk Managers´ International Association), 2004.
[3]. Anderson, Virginia; Johnson, Lauren.System Thinking Basics.Whaltam, MA, Pegasus Communications ,Inc, 1997.
[4]. Boccara, Nino. Modeling complex systems. New York, Springer –Verlag, 2004.
[5]. Bohner, Shawn A; George, Boby; Gracanin, Denis; Hinchey, Michael G. Formalism Challenges of the Cougaar Model Driven Architecture. M.G. Hinchey et al. (Eds.): FAABS 2004, LNAI 3228, pp. 57–71, 2005
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| Paper Type | : | Research Paper |
| Title | : | The Role of SHG in Women Empowerment- A Critical Review |
| Country | : | India |
| Authors | : | R. Vishnuvarthini || A.M. Ayyothi |
Abstract: Women empowerment is the important factor for the uniform growth of a nation. On this aspect the self help group plays a major role in deciding the women empowerment in the rural areas. SHG promotes the socioeconomic strength to the weaker section of the community and thereby promoting the uniform growth of the nation. This review article gives a complete picture of the success of SHG towards women empowerment.
[1]. Sambat, S.S. (1988): "Self Help Groups in Thailand", RURAL FINANCE 1(2), 1988.
[2]. Kropp, E (1989) "Linking Self Help Groups and Banks in Developing Countries, Asia Pacific Regional Agricultural Credit Association, Bangkok.
[3]. Ramanathan, M. (1993): "Linking Banks and SHGs – Srilankan Experience" – RURAL FINANCE, October, 1993, PP 11-20.
[4]. Koch, E and Soetjipto, S.M. (1993): "Target Groups at a Glance: Linking Banks and Self Help Groups after 3 years, SAVINGS AND DEVELOPMENT volume- 17 No.4.
[5]. Khandker, S.R., Kharil, B and Khan, Z (1995): "Grameen Bank: Performance and Sustainability" – World Bank discussion paper 306, THE WORLD BANK, Washington DC.
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| Paper Type | : | Research Paper |
| Title | : | Financial Analysis by Using Profitability Ratios and Its Role in Evaluating the Performance of Commercial Banks a Sample Study Of Commercial Banks in Libya |
| Country | : | Serbia |
| Authors | : | Mohamed Khalifa Blaao |
Abstract: Commercial banks is one of the active institutions in the national economy and has significant role in increasing the economic activity of any state. As the primary source of financing and savings. Hence must focus on them in a process of analysis in order to determine the financial position of these banks as well as knowledge centers of power, weakness and mention decision makers in the departments of these banks what might go wrong in the future. As we know that the financial statements in some cases does not reflect the reality of the financial situation or what may be suffered by the banks in the future of the financial problems may lead to bankruptcy...........
[1]. ALchammkhi, Hamza&Jazrawi Ibrahim.(1998). Modern financial management. Dar Alsafa for publishing and distribution, Oman. [2]. Abdullah, AqeelJassim (1999). Evaluation of projects, "a theoretical framework and practical", Amman, Dar Majdalawi for publication, the second edition.
[3]. AboulFotouh, Fadallah (1996) Strategy of financial statement. Dar alktab for publishing and distribution. Cairo.
[4]. Al Sabah, Abdul Rahman (1996) "Principles of management control standards and evaluation and correction", Oman ,Zahran House .
[5]. Assaf, Mahmoud (1979) Financial Facilities Management, Alexandria.
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| Paper Type | : | Research Paper |
| Title | : | The Relationship between Ownership Structure and Leverage of Firms Listed in the Nairobi Securities Exchange |
| Country | : | Kenya |
| Authors | : | Pamelah Mukonyi || Kefah Basweti || Simon Kamau |
Abstract: The aim of the study was to examine the relationship between ownership structure and leverage of firms listed in the Nairobi Securities Exchange (NSE). The objectives of the study were: to evaluate the relationship between state ownership and leverage, to determine the relationship between private ownership and leverage, to determine the relationship between foreign ownership and leverage and to evaluate the relationship between institutional ownership and leverage.........
Keywords: leverage, Nairobi Securities Exchange, Ownership Structure
[1] Wu, F. (2003).Hand Book of Quantitative Finance and Risk Management.New York, Springer Publishers.
[2] Damodaran, A. (1997). Corporate Finance. Oxon, John Wiley and sons
[3] Bokpin, G., Isshaq, Z., &Aboagye, F.(2013). Ownership Structure, Corporate Governance and Corporate Liquidity Policy: Evidence from Ghana Stock Exchange. Journal of Financial Economic policy, 3(3), 262-279
[4] Slama, S. &Taktak, Z.(2014). Ownership Structure and Financial Performance in Islamic Banks.Journal of Islamic and Middle Eastern Finance and Management, 7(2), 146-160.
[5] Lappalainen, J., &Niskanen, M.(2012). Financial Performance of SMEs: Impact of Ownership Structure and Board Composition. Management Research Review, 35(11), 1088-1108.
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| Paper Type | : | Research Paper |
| Title | : | Trade- Growth Nexus: A Study of G20 Countries |
| Country | : | India |
| Authors | : | Janhavi Shankar Tripathi |
Abstract: The focus of this paper is to understand the relationship between Trade openness of an economy and its economic growth. An attempt has been made to study the dynamics between trade and growth (T- G) for the G20 countries. In the current study, time series analysis has been used and the individual country- wise study has been performed using cointegration and error correction procedures........
Keywords: Causality, Economic growth, Exports, GDP, International Trade, Openness
[1]. Rahman; M, Mustafa; M. Dec 1997, Dynamics of real exports and real economic growths in 13 selected Asian Countries, Journal of Econo mic Development
[2]. Gries; T. Redlin; M. Trade Openness and Economic Growth: A Panel Causality Analysis
[3]. Mathur; S.K., Arora; R, Ghoshal; I, Singh; S. 2015, Domestic energy consumption and country's income growth: A quantitative analysis of developing countries using panel causality,Panel VECM, panel Cointegration and SURE.
[4]. Sutan; P. 2008, Trade, Industry and Economic Growth in Bangladesh, Journal of Economic Cooperation
[5]. Cadoret; I, Rondeau; F, Tran; Xuan. Trade and Growth relationship: Continent matters
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| Paper Type | : | Research Paper |
| Title | : | Trade Credit Networks in the Readymade Garment Industry Ofmetiabruz, Kolkata |
| Country | : | India |
| Authors | : | Jayeeta Deshmukh |
Abstract: We develop a model of strategic trade credit networks observed in the input market in the readymade garment industry of Metiabruz, Kolkata, where suppliers of input (locally known as Mahjans) provide trade credit to those purchasers of inputs cum producerscum readymade garment sellers (locally known as Ostagars) who belong to their direct networks,as well as to those who do not belong to their direct networks provided the loan is guaranteed by the credible guarantors, who belong to their direct networks......
Keywords: Economic Networks, Trade credit Jel Classification Number: D85
[1]. Bala, Venkatesh and Sanjeev Goyal (1998). " Learning from Neighbors". The Review of Economic Studies, Vol. 65, No. 3, pp.
595-621.
[2]. Bala, Venkateshand SanjeevGoyal (2000). "A Non-Cooperative Model of Network Formation." Econometrica, Vol. 68, No 5, pp.
1181-1230.
[3]. Bala, Venkatesh and SanjeevGoyal (2000). " A Strategic Analysis of Network Reliability". Rev. Econ. Design 5, pp. 205–228.
[4]. Bloch, Francis and BhaskarDutta (2008), "Communication Network with Endogeneous Link Strength", Games and Economic
Behavior, Vol.66, Issue 1, pp. 39-56.
[5]. Dutta, Bhaskar and Matthew Jackson (2003). "Networks and Groups: Models of Strategic For- mation". Springer-Verlag, Berlin.
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| Paper Type | : | Research Paper |
| Title | : | An Analysis on the Influence of Financial Variables to Capital Structure and Firm Value (Studies in Manufacturing Companies Sector of Consumer Goods Industry Listed on the Bei). |
| Country | : | Indonesia |
| Authors | : | Muhammad Ahyar || Moeljadi || Sumiati |
Abstract: This study analyzes the relationship of variables that effect on capital structure and firm value simultanous. Research actually aims to find out and anlyze the influence of profitability, growth and volatility on capital structure and firm value simultanous, also to find out the role of capital structure in mediating the relationship between profitability, growth and volatility on firm value. The research was held on 22 manufacturing companies sector of consumer goods industry listed on the Indonesian Stock Exchange period of 2010 to 2014 using path analysis as research data analysis......
Keywords: profitability, sales growth, volatility, capital structure and firm value
[1] Alipour, M., M.F.S. Mohammadi and H. Derakhshan. 2015. Determinants of Capital Structure: An Empirical Study of Firms in Iran. International Journal of Law and Management. Vol. 57 No. 1, 2015 pp. 53 – 83.
[2] Al-Najjar, B. and Hussainey, K. 2011. Revisiting the Capital-Structure Puzzle: UK Evidence. The Journal of Risk Finance. Vol. 12 Iss: 4 pp. 329 – 338.
[3] Amit, R. and B. Wernerfelt. 1990. Why Do Firms Reduce Business Risk?. The Academy of Management Journal, Vol. 33, No. 3. (Sep., 1990), pp. 520 – 533.
[4] Cespedes, J., M. Gonzales and C.A. Molina. 2010. Ownership and Capital Structure in Latin America. Journal of Business Research 62 (2010) 248-254.
[5] Chang, C., A.C. Lee and C.F. Lee. 2009. Determinants of Capital Structure Choice: A Structural Equation Modeling Approach. The Quarterly Review of Economics and Finance, 49 (2009) 197 – 213
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| Paper Type | : | Research Paper |
| Title | : | Investigating Stock Market Reactions on Sukuk Issuance in Malaysia Based on Tenures |
| Country | : | Malaysia |
| Authors | : | Syazwani Abd Rahim || Nursilah Ahmad |
Abstract: The aim of the paper is to examine whether different tenure announcements on sukuk issuance carry any new information to market for the period 2004-2011 in Malaysia. Data are collected from the Securities Commission Malaysia (SC) and Bloomberg database. Sukuk are different at tenures that categorized intoranges 1-5 years, 5.01-10 years and 10.01-15 years.The study employs event study methodology using cumulative average abnormal return (CAAR) on symmetric and asymmetric events based on the reaction of the FTSE Kuala......
Keywords: Sukuk tenures, event study, asymmetric, CAAR, stock market
[1]. MENA Sukuk Report (2009). Global Investment House. Global Research Sukuk, February 2009. "Sukuk Market – Down but Not Out".
[2]. Securities Commission Malaysia (2011). Annual Report of Securities Commission Malaysia 2011.
[3]. Mohamed, Z. 2008. Sukuk-A Brief Introduction. Senior Associate. Azmi & Associates.
[4]. Ahmad, N. & Rahim, S.A. (2012). "Post-Crisis Stock Market Reactions Following Sukuk Issuance in Malaysia," Proceeding of the 2nd International Conference on Arts, Social Sciences & Technology (ICAST2012), organized by the Research and Industrial Linkages Department of University Teknologi MARA (UiTM) Kedah.
[5]. Modirzadehbami, S. & Mansourfar, G. (2011). "Information Content of Islamic Private Debt Announcement: Evidence from Malaysia". World Academy of Science, Engineering and Technology.