The article analyzes the performance indicators of Ukrainian banks in the context of relevant research on risks, funding, and assets. These components today largely shape the ability of the banking system to fulfill its obligations to depositors and borrowers, as well as to ensure an appropriate level of financial stability.
Martial law, high level of macroeconomic uncertainty, influence of global financial markets, and constant changes in the legislative framework determine the ability of banks to be ready to quickly adapt and develop adaptive and effective strategies for banking activities.
Risks that shape the operating environment of banks are a determining factor in their strategies. The study provides a comparative analysis of the risks that have a significant impact on the financial stability of the banking system. In the context of economic instability, the role of risk management becomes crucial, especially in the context of risk prevention. It is found that improving methods of risk assessment and management helps to reduce losses and increase confidence in banks. Ensuring the stability of banks in a risky environment is a key to the financial security of the government.
An analysis of the funding indicators of Ukrainian banks has shown that diversification of capital sources and the development of long-term funding are important components of their sustainability. Dependence on short-term deposits poses risks to banks’ liquidity, especially in times of crisis. The introduction of modern financial instruments, such as bonds and syndicated loans, helps to expand funding opportunities. Attracting international capital is also of strategic importance, especially in the context of postwar reconstruction and development, as Ukraine’s banking system will face increased risks after the war. Developing new approaches to liability management allows banks to respond more effectively to market changes.
An analysis of Ukrainian banks’ assets has shown that asset quality is a key factor in financial stability. Non-performing loans remain one of the main challenges for the banking sector, requiring the introduction of effective restructuring and resolution mechanisms. Despite the transition of banks to a new capital structure, the accumulated structural problems remain relevant. Improving asset quality helps to increase banks’ profitability and their ability to meet their obligations to depositors. It is important to develop innovative approaches to asset management, including the introduction of digital technologies and process automation.
The unprecedented challenges faced by Ukraine’s banking system since the outbreak of the war have strengthened coordination between the NBU and banks, which has helped to ensure the relative stability of the financial sector under extreme pressure. Continuous monitoring, revision of strategies, and appropriate responses to current challenges will remain important to ensure the stability of Ukraine’s financial system - now and in the post-war period.
This study aims to examine the short-term and long-term effects of Islamic banking financing and the development of sovereign Retail Sukuk (SR) on Indonesia's economic growth during the period 2009: Q1 to 2019: Q3. Islamic banking and Sukuk have the same essential role, namely in terms of financing or raising funds. Outstanding SR is used as an indicator of SR’s development in seeing its impact on Indonesia's economic growth. Through Dickey Fuller-Generalized Least Square (DF-GLS) analysis, Lag-Length Test, Auto-Regressive Distributed Lag (ARDL), Cointegration Bound Testing, this study examines the effect of Islamic banking financing and the development of SR on economic growth. Total Sharia Bank financing and outstanding SR do not have long-term cointegration with Indonesia's economic growth. Meanwhile, in the short term, Indonesia's GDP is influenced positively by total Islamic Bank financing (TFIN) at lag 3 and negatively by the outstanding SR at lag 3 and 4. Researchers only examined the Islamic banking sector, specifically highlighting financing in Islamic banking and SR’s development through nominal outstanding on a quarterly scale. The limitations of the variables studied are becoming the limitations of this study. The government as a policymaker have to provide a support through cooperation between institutions and Medium and Small Enterprises (MSMEs) with Islamic banks in collecting and channeling financing, education, and outreach to the public. Consequently, the deepest layers need to be improved to make SR an individual investment instrument that can support Indonesia's economic growth. The research that examined SR with quantitative methods is still limited. Therefore, this study is expected to contribute to increasing liabilities in Islamic Finance, particularly in Retail Sukuk.
The purpose of this paper is to investigate whether audit firm reputation provides insight into financial reporting quality of listed companies in Vietnam. Earning management measured by accrual earning management and real earning management is compared between firms audited by Big 4 auditors and non-Big 4. Using difference in differences approach on the sample of 331 listed companies in Vietnam during 2013–2020, the study finds that Big 4 improves financial report quality through decreasing earning management. The role of Big 4 auditor in monitoring real earing management is more significant than accrual earning management in auditing year because real earning management has been preferred over accrual in years before. This study could provide valuable information for investors and shareholders when using financial report as well as the Government administration in preventing earning management practices and promoting high level of accounting and auditing compliance.
This study aims to examine the performance of a banking financial institution, namely Banco Mandiri Syariah in Indonesia, because the bank's financial performance reflects the health and reliability of the bank's relationship. This study uses a sample from Banca Mandiri with quarterly reporting for the period 2012-2018. The method used is multiple regression and classical hypothesis testing to analyze the effect of variables on the performance of Mandiri Syariah Bank in Indonesia. The results of this study are an analysis of the performance of Banco Muamalat Syariah, that is, all variables of low financial activity ( NPF) , loan/deposit ratio (FDR), operating cost of business revenue (BOPO) have an impact on profitability . Activities (ROA). BOPO Negative effect
The study is conducted to identify and evaluate the factors affecting customer satisfaction of electricity users at Hau Giang Electricity Company. Data have been collected from 300 customers using electricity from 01 year or more in Hau Giang province by random sampling method. The data are analyzed by descriptive statistical, Cronbach’s Alpha, exploratory factor analysis and linear regression model methods. The results show that factors positively affect customer satisfaction in electricity in important order (1) social consensus, (2) electricity bill, (3) customer service, (4) price structure, (5) customer information, (6) business image and (7) power supply. Based on the research results, the paper recommends some administrative implications for Hau Giang Electricity Company in order to improving the satisfaction of customers.
Several studies show no difference in practice and academics in general between Islamic banks and conventional banks. However, they are both very different. This research analysed the perceptions of santri/students of Islamic boarding schools regarding no differences between Islamic banks and conventional banks. This research was quantitative with an in-depth descriptive analysis. The research sample used a blend of purposive and judgment techniques applied to santri from several large Islamic boarding schools in Banyuwangi. The analytical method used a two-way causative relationship using multiple regression. The research used a structured questionnaire with a Likert scale and in-depth interviews with santri. Santri's view of Islamic banks differed from that of regular banks. Santri strongly believes in Islamic banking, while the majority is not traditional but represents Islamic ideals. Islamic bank workers, nevertheless, have shown Islam's greater identity than standard banks and imply that no disparities in Islamic banks are shown to be stigmatic.
Introduction: Nowadays, banks offer their customers new ways of doing things, such as different types of self-service, in order to satisfy customers and facilitate their day-to-day operations. Due to the community's acceptance of self-service banks, in near future, many banking activities will be self-service, and more advanced equipment with more capabilities will be put into operation, and bank branches will be eliminated. Due to recent developments in the country's banking, the expectations of banking customers from the banking network has risen in such a way that all customers want to receive high-quality services, increase the speed of banking operations and pay special attention to employees. Therefore, it is necessary to identify the factors that affect the quality of banking services in the country through expert analysis and propose solutions to address the shortcomings. Eghtesad Novin Bank, as a private bank, is no exception in keeping its customers satisfied with other banks. The purpose of this study was to investigate the impact of technological readiness of customers and self-service quality on customer's electronic satisfaction considering the moderating role of the two variables of trust and perceived value.Methodology: The research is applied in terms of purpose and descriptive and correlational in terms of data collection. Since this research was conducted on an individual level, the statistical population included the customers of Bank Eghtesad Novin branches in Mashhad, each of which used the bank's self-service in some way. The statistical population of the customers of the bank branches in Mashhad was the sample size for this research. According to the number of the operational variables of research, the sample consisted of 410 individuals. Moreover, According to the research model, some hypotheses were made as follows:Hypothesis 1: Customer technological readiness affects customer satisfaction through the perceived quality of services.Hypothesis 2: Technological readiness through perceived quality of self-service services has an effect on customer satisfaction with the mediating role of trust.Hypothesis 3: Technological readiness through perceived quality of self-service services affects customer satisfaction with the mediating role of the perceived value.The data were collected using a questionnaire, and structural equation modeling was used to test the hypotheses. The questionnaire was developed in the form of a 5-point Likert scale. The reliability of the instrument was also evaluated using Cronbach's alpha coefficient. The hypotheses were analyzed using the torque structure analysis software (AMOS v.18) and the statistical package for social sciences (SPSS v.19). In order to provide a background for modeling structural equations, the correlations among the research variables were examined. The scale of measurement of the research variables was of distance type, and the correlation among them served as a basis for the statistical analysis and the calculation of Pearson correlation. Results and Discussion: Given that, for all the variables have values above 0.7, the data collection tool has good reliability. Also, the amount of elongation and skewness of all the data is ±1, which indicates that the data are normal. In addition, in the fitted factor analysis model, the factor load of all the items is significant at the confidence level of 0.95. Therefore, none of the questionnaire items were deleted. The significance level of the items is below 0.05. It should be noted that the model includes the dimensions of technology readiness, i.e., optimism, innovation, security, and difficulty, as well as the dimensions of the quality of self-service services, i.e., operation, comfort, pleasure, reliability and security. The variables themselves play the role of the latent variables in a structural model, but the variables trust, perceived value and satisfaction have no dimension. Therefore, the items of these variables are considered as variables.Conclusion: The results of a self-service quality mediator test on the relationship between technological readiness and e-customer satisfaction showed that the indirect effect of technological readiness on e-satisfaction through self-service quality is significant. In addition, the mediating roles of perceived value and trust were investigated in this study, which resulted in the confirmation of the role of the perceived value; the mediating role of trust in this regard was not confirmed. Also, the fit indices of the CFA model indicated the optimal fit of the measurement models and confirmed the significance of the factor load of each observed variable versus the corresponding latent variable. Moreover, out of all the hypotheses considered, the effect of trust on electronic satisfaction was confirmed. Following this rejection, the hypothesis about the effect of technological readiness through the quality of self-service on customer satisfaction with the mediating role of trust was not confirmed.
Purpose - This study aims to analyze the influence of audit committees, sharia supervisory boards, and Islamic work ethic on the quality of islamic bank financial statements in Indonesia.
Method - The method in this study used Multiple Linear Regression Analysis with SPSS software tools.
Result - Based on the results of this research, simultaneously the audit committee, sharia supervisory board, and Islamic work ethic have a significant influence on the quality of islamic bank financial statements in Indonesia. Meanwhile, in part, the audit committee and islamic work ethic have no significant effect on the quality of islamic bank financial statements in Indonesia. SSB partially affects the quality of islamic bank financial statements in Indonesia.
Implication - This study uses the data from Islamic bank financial statement in Indonesia, audit committees, sharia supervisory boards, Islamic work ethic.
Originality - The data was taken with the dissemination of questionnaires distributed to 30 respondents. The respondents were a reflection of the members of the audit committee and SSB who were qualified as students of sharia banking polytechnic state of semarang who had received islamic bank audit courses.
Eurobonds are one of the key instruments of international corporate financing. The article studies Eurobond market as a source of raising cash by Russian corporations and finance institutions. It provides structural parameters of Eurobonds and depicts types of securities available on debt market for Russian issuers (issues with one or several tranches, benchmark issues). The author analyzes results of Russian issuers’ flotation, including high activity on Eurobond market of exporting companies and successful flotation of ruble Eurobonds. The article studies transaction aspects of Eurobonds market: the role of principle participants of the deal (leading managers, global coordinators, book-runners) and key stages of the security flotation process (getting the credit rating, preparation of legal papers, syndication and marketing on market). It makes a comparative analysis of key instruments of raising finance by Russian borrowers on international markets of debt capital – Eurobonds and syndicated credits. These instruments both compete and supplement each other, which was proven by using the combination of Eurobonds and syndicated credits by leading borrowers. The article comes to the conclusion that combined use of these debt instruments for solving a wide range of finance problems is optimal for corporate capital structure and finance institutions.
This paper examines the relationship between tax avoidance and state-ownership of corporates in Vietnam to find out whether state-ownership influences the tax avoidance behavior of Vietnamese firms. Using panel data regression method for analyzing data collected from 462 corporates listed on Vietnam Stock exchanges over the period 2009 –2015, the study shows that the extent of state-ownership has a negative relationship with the degree of tax avoidance behavior. In other words, the higher level of state-ownership enterprises are, the less taxes they avoid. This empirical result is robust by using state-ownership as a dummy variable. In addition, factors such as size, profit, tangible assets and leverage have a positive relationship with the degree of tax avoidance.
Chong-Chuo Chang, Tai-Yung Kam, Chih-Chung Chien
et al.
As of now, very few research studies have examined the effects of financial constraints on the short- and long-term performances of companies after their announcement of convertible bonds. Due to asymmetric information, previous studies consider issuance of convertible bonds as negative news. As a result, the short- and long-term performances of companies generally decline after their convertible bond announcement. This study argues that when companies have investment plans, they are expected to have higher future cash flows. They will become increasingly more valuable regardless of the fact that they raise funds through the issue of convertible bonds (due to financial constraints), positively affecting the performance of companies. The results indicate that financial constraints have no effect on short-term performance, but did have a significantly positive impact on the long-term performance of companies after their issuance of convertible bonds.
Morshedur M. RAHMAN, Ali Arshad CHOWDHURY, Mouri DEY
This paper attempts to analyse the relationships between risk-taking, capital
regulation and performance in banking sector of Bangladesh. We use Generalized
Methods of Moments (GMM) in an unbalanced panel data using 38 commercial
banks of Bangladesh for a period of 2007-2016. The empirical results show a
significant negative relation between risk taking and capital regulation. Results also
reveal that there is a significant positive relation between capital regulation and
performance, and a significant negative relation between risk and performance.
This study provides various suggestions about risk management and capital
adequacy for the regulators, stakeholders and government.
Serhii Kolodii, Inna Kochuma, Anatoly Marenych
et al.
Introduction. Almost thirty years in the modern history of Ukraine were marked by modest economic and social outcomes. Extremely low rates of economic growth, price and exchange rate instability, technological backwardness of the majority of domestic enterprises, their mass closing, degradation of production and social infrastructure, as well as human capital, low incomes of the vast majority of the population and their significant differentiation, deformations in the work of democratic mechanisms led to the need to revise the existing paradigm of socio-economic development.
The purpose of the research is to study the theoretical and practical features of forming and functioning of national model of resource economics.
Results. The main methodological approaches for assessing the nature and features of the functioning of the domestic economy are outlined. It is determined that Ukrainian export and GDP are highly dependent on the production and export of hard and soft resources, with the latter replacing the former. We can conclude that there is a long-term trend in the structure of commodity export to the replacement of hard resources export by the export of soft resources, and the calculated correlation coefficient is 0.95. There have been positive trends towards a gradual increase in the gross production of grain, including through the increased productivity of production and labour, which will facilitate medium-term economic growth.
Conclusions. The creation of a modern model of competitive economics can help to catch up the level of social and economic development of the leading countries of the world. However, in the medium term, the reform of the national economic model with minimal transformation costs is possible only under the conditions of further development, primarily, of agrarian production, which will act as a medium-term development driver and at the same time will ensure certain macroeconomic stability.
<p>The performance of financial statements shows the level of productivity in a company. Specific to banking sector, the performance of its financial statements can be analyzed from Economic Value Added (EVA) and Market Value Added (MVA). This study analyzes MVA and EVA are of state-owned banks consisting of Bank Tabungan Negara (BTN), Bank Negara Indonesia (BNI), Bank Mandiri and Bank Rakyat Indonesia (BRI). The results convey that Indonesia’s state-owned banks in giving share return to theirs shareholders are not influenced by Economic Value Added (EVA) and Market Value Added (MVA). There is an evidence that, EVA and MVA do not give any effect to share return because in the state owned bank in Indonesia, the investors have been very confident about the performance of banks in Indonesia so that without seeing the performance of the financial statements of investors have been very convinced from the fundamental point that the Indonesia state owned banks can bring benefits to investors </p>
The purpose of this study is to examine the effect of risk, efficiency and performances of conventional banks in Indonesia. Risk variables consist of capital risk which are measured by Capital Adequacy Ratio (CAR), liquidity risk which are measured by Loan to Deposit Ratio (LDR), credit risk which are measured by Non Performing Loan (NPL) and management risk which are measured by Net Interest Margin (NIM). Efficiency is measured by Operating Expense to Operating Income (BOPO) while banking performances are measured by Return on Assets (ROA). The population of this study is all of conventional banks registered in Indonesia Stock Exchange(BEI.) Purposive sampling method is used and the number of samples is 16 banks. We use quarterly data during period of 2013-2014. The hypotheses are tested using multiple linear regression.The result shows that capital risk (CAR) has negative effects, Liquidity risk (LDR) has positive and significant effects, credit risk (NPL) has no significant effects and management risk (NIM) has positive and significant effects on banking performance. Meanwhile, efficiency (BOPO) has significant and negative effects on banking performance.
The article discusses main challenges in teaching adults and focuses on selected educational methods viewed as paths for effective learning. We review results of numerous studies conducted by different authors aimed at examining students' educational preferences, needs and expectations. The main objective of the article is to analyse selected methods that can be used in academic settings, such as world café, design thinking, micro-learning or games, and describe ways of applying them in education for sustainable development in faculties of economics and management.(original abstract)
The study has been triggered by the increase in information breaches in financial organizations worldwide. Such organizations may have policies and procedures, strategies and systems in place in order to mitigate the risk of information breaches, but data breaches are still on the rise. The objectives of this study are to explore the shortfalls of information security on a South African financial institution and further investigate whether business processes are responsive to organization’s needs. This study employed both quantitative and qualitative research methods. Questionnaires were sent to staff level employees, and semi-structured in-depth interviews were conducted with senior management at the organization. The study revealed that employees require training on information management and that there are major training deficiencies for training officers to conduct beneficial information management training at the organization. Information security program that include business risk analysis were not implemented, which results in inadequate information management planning and decisions. A standardized or uniform house rule policy was not consistently implemented across the organization, which resulted in certain areas not protecting information. The qualitative findings revealed that the external cleaning company could obtain access to customer information, if customer data are left lying around. Furthermore, there is major misalignment between policy setters and employees in this organization. The findings allow senior managers to construct projects and program with their teams to improve the state of information management in the organization which spans across the people aspect, technology systems and general information management processes. Furthermore, external companies should start signing Non-Disclosure Agreements - which is not being done currently as this opens the door for data fraud. The organization has information management and security policies in place, but the study concluded that employees do not understand these policies and should receive specialized training to ensure understanding and, ultimately, have employees following these information security policies.
Keywords: data breach, information management, business processes, information legislation. JEL Classification: G2
This research aims to explain the influence analysis of Inflation, Gross Domestic Bruto, and Money Supply to the Return on Asset (ROA) of Islamic Banking period 2009-2012. The sampling technique used is purposive sampling. This research sample gained from three Islamic banks and the data were obtained from published financial statement of Bank of Indonesia. Data analysis technique used multiple linier regression analysis. Where previously data had been tested with the classical assumption include data normality test, heteroscedasticity, multicollinearity and autocorrelation. F Test result showed that simultaneous variable of Inflation, Gross Domestic Bruto, and Money Supply have a significant effect on ROA while T Test result showed that partially Inflation haven’t a significant effect on ROA while GDP have a positive and significant effect on ROA while Money Supply have a negative and significant effect on ROA.
Penelitian ini bertujuan untuk menjelaskan analisis pengaruh inflasi, produk domestic bruto dan jumlah uang beredar terhadap return on asset perbankan syariah periode 2009 – 2012. Teknik sampel yang digunakan adalah purposive sampling. Jumlah sampel dalam penelitian ini sebanyak tiga bank syariah. Dimana datanya diambil dari laporan leuangan yang telah dipublikasikan oleh Bank Indonesia. Teknik analisis data dengan menggunakan analisis regresi linier berganda. Dimana sebelumnya telah dilakukan uji asumsi klasik yang meliputi uji normalitas, heteroskedastisitas, multikolinieritas dan autokorelasi. Hasil uji F menunjukkan bahwa secara simultan variable inflasi, produk domestic bruto dan jumlah uang beredar berpengaruh secara signifikan terhadap return on asset, adapun hasil uji T menunjukkan bahwa secara parsial inflasi tidak menunjukkan pengaruh yang signifikan terhadap return on asset, sedangkan produk domestic bruto menunjukkan pengaruh positif dan signifikan terhadap return on asset dan jumlah uang beredar menunjukkan pengaruh negatif dan signifikan terhadap return on asset.
Kata Kunci: Inflasi, Produk Domesti Bruto, Uang Beredar, Return on Asset