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1.
Banks and Bank Systems ; 17(4):12-24, 2022.
Article in English | ProQuest Central | ID: covidwho-2067487

ABSTRACT

Banking plays an important role in business and economic growth. However, since a couple decades ago, there have been issues with efficiency and performance. This paper aims to examine Indonesia’s Islamic banking performance through non-parametric production efficiency analysis before and after the COVID-19 pandemic, 2010–2021. This study differentiated between different dimensions of Indonesia’s Islamic banks (IIB) finance and non-finance aspects, as well as investigated the relationships between these dimensions of finance, including assets, deposits, equity, financing, and income, and non-financial variables, namely employees and offices. Non-parametric analysis, with the input-oriented variable constant return to scale (CRS) and returns to scale (VRS) models as a framework, data envelopment analysis (DEA) is used to calculate the IIB of overall, pure, and scale efficiency. However, the resources of technology IIB management are lacking, as well as macroeconomic and environmental effects. This study found that IIB operational needs to enhance investment in technology beyond the office. This means that the number of offices has a smaller impact on enhancing deposits and revenue. Technology investment has a crucial role in enhancing IIB equity, income, and innovation service. As a result, IIB managers and policymakers must improve their efficiency scores in order to increase competition and innovation. Furthermore, IIB needs to increase and spend their assets and experience to enhance technology, which significantly affects efficiency.

2.
International Journal of Research in Business and Social Science ; 11(6):288-299, 2022.
Article in English | ProQuest Central | ID: covidwho-2067467

ABSTRACT

[...]we canvass those Nigerian banks should reduce dividend payouts and increase retained profits as a buffer against exposed risks. To ensure the healthiness of banks in the banking industry as well as facilitate international transaction, the central bank of ten countries (Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Sweden, the UK and the US) formed the committee of banking supervision in 1988 (the Basel Committee on Banking Supervision). Since the formation of this committee, it has undergone at least three stages called the Basel I, Basel II and Basel III. Premised on shock to the economy brought on by the coronavirus pandemic, with economic growth in 2020 expected to contract by as much as 4.4 percent to 8.94 percent, a drop in oil receipt and a devalued Naira in the range of 380-450 to US dollar, the capital adequacy of banks could be severely threatened, (Egba, 2020). [...]scholars have extensively shown that bank specific performance indicators and macroeconomic factors affected capital adequacy ratio. [...]this paper examined the effect of banks specific-performance indicators and macroeconomic factors on bank financing which is the minimum funds required for their short-term obligation or capital adequacy ratio.

3.
International Journal of Research in Business and Social Science ; 11(6):300-306, 2022.
Article in English | ProQuest Central | ID: covidwho-2067464

ABSTRACT

Economists, academics, and practitioners are worried that the COVID-19 pandemic has a negative impact on the banking industry in the world, especially in Indonesia, such as other events that have occurred in the world in the last 25 years, namely the Asian Financial Crisis in 1997, Severe Acute Respiratory Syndrome (SARS) in 2003, and the Global Financial Crisis in 2008 (Overby et al., 2004;Hill and Shiraishi, 2007;Winoto and Bustaman, 2020). Rahmi and Sumirat (2021) used commercial banks for their research data and stated that the COVID-19 pandemic has a negative effect on ROA. [...]this research was conducted, studies examining the impact of the COVID-19 pandemic on the performance of rural banks in Indonesia had never been done. [...]this study proposes several research hypotheses as follows: H1: the COVID-19 pandemic has a negative effect on CAR H2: the COVID-19 pandemic has a positive effect on NPL H3: the COVID-19 pandemic has a negative effect on ROA H4: the COVID-19 pandemic has a negative effect on CR Research and Methodology Data and sample The sample selection used the purposive sampling method by selecting rural banks that had complete data, selecting rural banks operating before the COVID-19 pandemic occurred and were still operating until this research was conducted, and selecting rural banks from the largest bank size to the smallest.

4.
International Journal of Research in Business and Social Science ; 11(6):56-73, 2022.
Article in English | ProQuest Central | ID: covidwho-2067461

ABSTRACT

The objective of this study was to quantitatively assess the mediating effect of resource orchestration on the relationship between leadership strategy and organisational resilience of banks listed in the Nairobi Securities Exchange with an objective to contribute to knowledge production in the Global South using Kenya as the vantage point. The study applied a correlation research design, and data was gathered from a stratified random sample of 184 senior managers drawn across the 12 listed banks, wherein Likert-scale questionnaires were administered to the research participants online. Partial Least Squares Structural Equation Modelling was deployed for data analysis using SmartPLS software. Results showed that the mediated path explained 79.1% of the variance in organisational resilience (R2=0.791). The results were validated with a Sobel test that found a significant partial mediation in the model with Z=6.380 (p<0.05). The study inferred a strong and statistically significant mediation power of resource orchestration in the leadership strategy-organisational resilience nexus. Resource Orchestration Pecking Order was proposed as an outcome of the empirical analysis, and future research directions were suggested.

5.
Asian Journal of Accounting Research ; 7(3):279-294, 2022.
Article in English | ProQuest Central | ID: covidwho-2063150

ABSTRACT

Purpose>Discretionary accruals are earnings quality proxies that illustrate that the greater the value of discretionary accruals, the greater the practice of earnings management and vice versa. High-quality financial reports (especially earnings quality) are expected to help investors and potential investors to make decisions. This study analyses the factors that affect earnings quality, such as pre-managed earnings, liquidity and efficiency. Furthermore, the authors identify the moderating effect of the governance mechanisms proxied by the proportion of independent commissioners in conventional commercial banks listed on the Indonesia Stock Exchange.Design/methodology/approach>This study uses 226 banking data in the pre-corona crisis period 2013 until 2019. The data were analyzed using EViews 10 for hypothesis and MS Excel for a differential test.Findings>The results show that pre-managed earnings, liquidity and efficiency affect earnings quality. The governance mechanisms can moderate liquidity and efficiency on earnings quality, while pre-managed earnings cannot be moderated. The different bank categories (BUKU) of earnings management mechanisms are shown for each BUKU (BUKU 1, 3 and 4 perform earnings management by increasing earnings, BUKU 2 lowering earnings). Another thing is information on the earnings quality between BUKU 2 with BUKU 3 and BUKU 4 because of differences in capital and bank operating coverage regulations.Research limitations/implications>Further research expects to analyze the factors affecting banking earnings quality concerning applying IFRS 9 (PSAK 71) in Indonesia. Future researchers expect to apply mixed methods to verify the financial statement data and provide comprehensive discussion and genuine insight from their study. Future research requires more samples from companies or an international scale (cross country) to obtain maximum results and be generally accepted.Practical implications>This study implies that managers should have more control over pre-managed earnings and bank liquidity as manager's incentive to do earnings smoothing. Managers should also pay attention to cost-efficiency and effective implementation of governance mechanisms to maximize earnings quality. This study also implies that policymakers can encourage commercial banks to apply more prudential principles in terms of a reserve for failed loans to minimize earnings management in banking.Originality/value>The significance of this study revealed in the discussion of the difference test between bank core capital categories (BUKU) and its relation to earnings quality.

6.
Academy of Marketing Studies Journal ; 26(5), 2022.
Article in English | ProQuest Central | ID: covidwho-2045643

ABSTRACT

In a VUCA world, things are extremely unpredictable and the onset of the COVID-19 took every industry by storm. The banking industry is witnessing seismic shifts as traditional net banking banks are being challenged by new-age, digital-only wallets that focus on a hyper-personalized digital-first approach to replace the traditional net banking experience. This research aims to understand the shifts in millennial customer behaviour that have taken place as they progress from net banking to digital wallets for their day-to-day payments. This research is based on primary quantitative data along with an intensive analysis of research papers, articles, and journals. The findings suggest that millennial customers are willing to try out new digital wallet apps and consider them reliable and convenient, indicating high levels of acceptance. Three key factors were majorly responsible for the change in customer behaviour from net banking to digital wallets 1) Performance efficiency 2) social influence 3) Safety. Therefore, digital wallets need to focus on these factors to maximize their digital interactions and embrace innovation to help millennials in their day-to-day banking needs.

7.
Academy of Marketing Studies Journal ; 26(S5), 2022.
Article in English | ProQuest Central | ID: covidwho-2045510

ABSTRACT

The Coronavirus within a short span of time has done enough to disrupt the global supply chains, investor sentiments, financial markets, and economic activity on a massive scale. The global economy of the entire world has been hamstrung and lies in tatters. Further, hundreds of millions of workers are being locked up in homes and face pay cuts and lay-offs if there is no respite in the fear pandemic. The viral wave moving across continents taking a massive toll as governments fight an unfamiliar and unanticipated fight against the virus, companies shutting operations, and normal life coming to a screeching halt. The COVID-19 crisis is catastrophic as we are unequipped to deal with the magnitude of the challenges thrown at us and severe time constraints to get equipped with the medical machinery to fight it. The baffled governments globally initiated rapid action but failed to have any bearing on the financial markets or ameliorate the situation in any way, except the lock-downs that potentially scuttle any efforts in ramping up capacities to effectively tackle the lethal virus, apart from colossal economic and societal costs. This exploratory study attempts to review and evaluate the unusual virus to humankind, its economic and policy effects, and suggest some practical policy prescriptions to tide over the public health-cum-economic crisis. The first and second sections bring out the uniqueness of the COVID19-triggered health emergency and accordingly set the objectives of the study and methods used. The third and fourth sections evaluate the socio-economic and financial fallout of the crisis and the unprecedented fiscal-monetary stimulus strategies resorted to globally. The fifth section specifically focuses on the highly populated Indian economy and the visionary ways of the largest ever fiscal-monetary impetus in the backdrop of a potentially high fiscal deficits scenario. The sixth section evaluates the impact on the Corporate Sector and success tactics of the FMCG & Pharmaceutical sectors. The last section essentially weighs various policy actions, impacts, and a few recommendations for policy effectiveness, besides conclusions.

8.
Academy of Marketing Studies Journal ; 26(S3), 2022.
Article in English | ProQuest Central | ID: covidwho-2045182

ABSTRACT

In the economic development of a nation, banks occupy an important place. Commercial banks as financial institutions have also emerged as significant sources of funds to industry by virtue of which they constitute an important element of the institutional structure of the capital market in India. Banks assist the establishment and development of well-economic infrastructure for better living standards and are a good source for the procurement of credit to vulnerable groups. They initiated varied financial products and services for inclusive growth at affordable costs. The main purpose of the study is to identify the specific role played by commercial banks in India for achieving financial inclusion. In this research, Firstly, the authors will talk about the significance of financial inclusion in detail;later, the focal point is on the initiatives and role of commercial banks to achieve financial inclusion. The study is based on a systematic review of the literature. The researchers have reviewed the literature of the last decade to realize the financial inclusion growth through the banks. A longitudinal manner literature review has been carried out. The findings of this review paper suggested that various significant contributions rendered by the Indian banking sector towards inclusive growth and to the unbanked populace are Bank branch penetration, Setting up of BC/BF outlets to a large extent, no-frill accounts opening with nil or no balance, Expansion of ATM density in rural and semi-rural areas, Rendering flexible credit facility to MSMEs, SHGs and Villagers to make them economically strong, the introduction of technology-based initiatives such as online banking, Mobile banking, telebanking, Kiosks, and smart cards, simplified KYC norms, distributing General credit cards and Kisan credit cards, and enhancing the financial literacy among the public. The study also concentrates on the performance of banks for financial inclusion before and after the adoption of ICT technology in India.

9.
Muhasebe ve Denetime Bakis = Accounting & Auditing Review ; 22(67):159-180, 2022.
Article in Turkish | ProQuest Central | ID: covidwho-2040770

ABSTRACT

Bu çalışmada, pandemi koşullarının gözlendiǧi ilk yılda Türkiye'de faaliyet gösteren bankaların başarı sıralamasında nasıl bir deǧişiklik izlendiǧi TOPSÍS yöntemi kullanılarak analiz edilmiştir. Bu yolla bankalar üzerinde pandemi etkilerinin anlaşılması amaçlanmıştır. Bu amaçla, çalışmada öncelikle TOPSÍS yöntemine ilişkin bilgiler verilmiş, ardından bu yöntem kullanılarak Türk bankacılık sektörü üzerinde yürütülen çalışmalara ilişkin bir literatür taraması yapılmıştır. Literatür taramasında tespit edilen önemli noktalar da aynı başlık altında deǧerlendirilmiştir. Son kısımda Türkiye'de faaliyet gösteren 27 mevduat bankasının pandemi öncesi ve pandemi dönemi performansları risk-getiri bakış açısıyla analiz edilmiştir. Yürütülen çalışma sonunda, özellikle yabancı sermayeli bankaların risk-getiri yapılarının pandemiden diǧer bankalara kıyasla daha olumsuz etkilendiǧi sonucuna ulaşılmıştır. Çalışmanın, BDDK'nın BASEL'e dayanarak çıkardıǧı düzenlemelerde yer alan risk tanımlarını ve bu kapsamda yapılan risk ölçümlerini TOPSÍS modeline dahil etmesi açısından öncü bir çalışma olduǧu düşünülmektedir. Ayrıca pandemi dönemini önceki dönem ile TOPSÍS yöntemi üzerinden karşılaştıran az sayıdaki çalışmadan biridir.Alternate :In this study, the change in the ranking of banks, which are operating in Turkey, in the first year of the pandemic conditions is analyzed using the TOPSIS method. In this way, it is aimed to understand the effects of the pandemic on banks. For this purpose, first, some information on the TOPSIS method is presented, and then a literature review is performed on the studies carried out on the Turkish banking sector using this method. The important findings identified in the literature review are evaluated under a different sub-title. In the last part, the pre-pandemic and pandemic performances of 27 deposit banks operating in Turkey are analyzed from a risk-return perspective. At the end of the study, it is concluded that the risk-return structures of foreign banks are affected more negatively from the pandemic compared to other banks. The study is considered to be a pioneering study in terms of including the risk definitions in the regulations issued by the BRSA based on BASEL and the risk measurements made in this context into the TOPSIS model. In addition, it is one of the rare studies that compares the pandemic period with the previous period through the TOPSIS method.

10.
Revista de Management Comparat International ; 23(3):454-474, 2022.
Article in English | ProQuest Central | ID: covidwho-2040617

ABSTRACT

Purpose: The Egyptian banking sector adopts an expansion strategy in the field of digital transformation to face the competition resulting from the entry of ICT companies, the repercussions of the Corona virus and the spread of financial technology companies in the banking services market. This trend offers multiple benefits to banks and customers, including ease of conducting transactions, reducing operating expenses, and meeting the needs of customers who prefer banking transactions via the Internet and smart phones, On the other hand, it introduces wide changes to the size and quality of banking jobs in the future, and threatens the disappearance of some of them ,therefore this study analyses empirical evidence of the impact of the digital transformation on staffing strategy in the Egyptian banking sector. Design/Methodology/Approach: This study depends on the analysis of secondary data obtained from the reports of the Central Bank of Egypt on the indicators of digital transformation and the number and quality of banking staffs during the period from 20162021, using the analysis of correlation and regression coefficients. Findings: The results of the study indicate that there is no negative impact of digital transformation on new staffing operations in the short term, because the rate of bank penetration into the banking services market is still low and therefore Egyptian banks are expanding their traditional branch network alongside digital banking services channels. This transformation has also created a new type of job that keeps pace with banking digitalization, while in the long term digital transformation threatens the disappearance of some jobs to be replaced by artificial intelligence, internet banking, mobile banking and electronic wallets. Originality/Value: The novelty of this study is to examine the relationship between digital transformation indictors and the size and quality of staffing in the Egyptian banking sector. Practical Implications: The importance of this study is to provide recommendations to the HR management in Egyptian banks to deal proactively to deal with the potential impacts of digital transformation in the banking sector. Limitations/implications: There are limitations to the results of this study represented in the insufficiency of the study period, and there are many factors affecting the size and quality of employees in the banking sector other than digital transformation. In addition, the study relied on the method of quantitative analysis of the study variables. Hence further studies can be carried out with different methodologies such as surveys, case studies and qualitative analysis methods

11.
Erciyes &Uuml ; niversitesi Iktisadi ve Idari Bilimler Faküeltesi Dergisi; - (62):87-119, 2022.
Article in English | ProQuest Central | ID: covidwho-2040525

ABSTRACT

Türkiye'de katılım bankaları adı altında faaliyet gösteren Islami bankacılık uygulamalarının etkinliǧi ve finans sistemi içerisindeki payı giderek artış göstermiş, söz konusu bankaların sundukları ürünler sayesinde, tasarrufların finansal sisteme kazandırılmasında, yurtiçinden olduǧu kadar yurtdışından da kaynak temininde ve kaynakların çeşitlendirilmesinde önemli ilerlemeler saǧlanmıştır. Faizsiz işlemler üzerine inşa edilen Íslami bankacılık sisteminin küresel nitelikli krizlerden etkilenme düzeylerinin tespit edilmesi, sistemin etkinliǧinin anlaşılmasına ve aksayan yönlerine yönelik gerekli iyileştirmelerin yapılmasına imkân verecektir. Bu çerçevede çalışmamızda 2008 küresel finans krizi ve Covid-19 salgını kaynaklı küresel ekonomik/finansal sorunlar karşısında Türkiye'de faaliyet gösteren katılım bankalarının performanslarında ortaya çıkan gelişmeler mevduat bankalarıyla karşılaştırmalı olarak ele alınmıştır. Sistemdeki yapısal kırılmaları dikkate alan Gregory-Hansen eş bütünleşme testi kullanılarak, işletme giderlerinin aktiflere oranı, finansman-mevduat (katılım fonu) oranı, sorunlu finansman ve sermaye yeterlilik oranı göstergelerinin aktif karlılıǧı üzerindeki etkileri analiz edilmiştir. Elde edilen bulgulara göre, 2008 küresel finans krizinden sonra katılım bankalarının performansında 2010 yılında (Krizin Avrupa'da borç krizine dönüştüǧü dönem) bir kırılma meydana gelmiş, küresel salgın sürecinde ise herhangi bir kırılma oluşmamıştır. Mevduat bankaları açısından ise, küresel finans krizinin hemen arkasından 2009 yılında bir kırılma oluşmuştur. Covid-19 sürecinin mevduat bankaları üzerinde bir kırılma oluşturmadıǧı çalışmanın diǧer bulguları arasında yer almaktadır.Alternate :The efficiency of Islamic banking practices operating under the name of Participation Banks in Turkey and their share in the financial system have gradually increased, and thanks to the products offered by these banks, significant progress has been made in bringing savings into the financial system, in obtaining resources from abroad as well as from within the country, and in the diversification of resources. Determining the impact level of global crises to the Islamic banking system, which is built on interest-free transactions, will enable the efficiency of the system to be determined and the necessary improvements to be made for the faulty aspects. In this context, in our study, the developments in the performance of participation banks operating in Turkey in the face of global economic/financial problems caused by the 2008 global financial crisis and the Covid-19 pandemic are discussed in comparison with deposit banks. By using the Gregory-Hansen cointegration test, which considers the structural breaks in the system, the effects of the ratio of operating expenses to assets, financing-deposit (participation fund) ratio, non-performing financing ratio, and capital adequacy ratio indicators on the return on assets were analyzed. According to the findings, there was a break in the performance of participation banks in 2010 (the period when the crisis turned into a debt crisis in Europe) after the 2008 global financial crisis, but no break in the pandemic process. In terms of deposit banks, a break occurred in 2009, right after the global financial crisis. Other findings of the study include that the Covid-19 process did not create a break on deposit banks.

12.
Amfiteatru Economic ; 24(61):720-738, 2022.
Article in English | ProQuest Central | ID: covidwho-2030564

ABSTRACT

Targets defined in accordance with Environmental, Social and Governance (ESG) criteria confront the business world, particularly the banking industry, with new challenges. The aim of this paper is to study the effect of ESG controversies on the credit rating of the European banking sector, involving 65 European banks from 18 countries in the 2011-2020 period. This empirical study includes different approaches. Firstly, we apply an ordered logit model to ascertain the influence of ESG concerns on credit ratings. Secondly, we analyse the impact of ESG controversies on the probability of obtaining a better rating scale through the marginal effects. And finally, we use matching analysis to measure the real impact of ESG controversies on credit ratings. Our findings suggest that ESG controversies have a negative effect on credit rating. In addition, it is a relevant negative factor in the probability of obtaining a better rating in future reviews of credit assessments. Specifically, the lower the level of ESG controversies, the greater the probability of achieving the highest credit ratings. This research provides a comprehensive view of the impact of ESG controversies on credit ratings awarded to European financial institutions. European banks should take special care to avoid such controversies, as a source of reputational risk, when setting their policies so that their credit ratings would not be affected.

13.
Journal of Business Strategy Finance and Management ; 3(1-2):66-73, 2021.
Article in English | ProQuest Central | ID: covidwho-2025614

ABSTRACT

On March 8, 2020, the first Covid-19 case was registered in Bangladesh, and the first death occurred on March 18, 2020. Still, the positive corona patients including banking employees are rising around and many negative thoughts are also increasing day by day in mind. These circumstances make the employees worried. Consequently, this papers fundamental objective is to find out the psychological status of private commercial bank employees during COVID-19. Using a random sampling technique and a questionnaire through Google Form the data was gathered from 151 employees. For the completion of the data analysis procedures, the Statistical Package for Social Sciences (SPSS-22 Version) was used. The major findings showed a maximum of 91% of employees felt nervous when s (he) hears someone died from COVID-19. In addition, 83% of employees are always fear of COVID-19 infection, 81% of employees are fear when they hear someone got tested positive for COVID-19. Besides, 49% of bank employees cannot concentrate on their regular activities while 40% of employees are stressed to lose their current job due to COVID-19. The policy-making authorities of private commercial banks in Bangladesh will get an opportunity to know the employees psychological status during COVID-19. They can also make some necessary measures (based on our recommendations) to overcome these challenges.

14.
The International Journal of Bank Marketing ; 40(6):1182-1199, 2022.
Article in English | ProQuest Central | ID: covidwho-2018461

ABSTRACT

Purpose>This research set out to examine how financial advice provided by a human advisor (vs robo-advisor) influences investment intentions in a retail banking context.Design/methodology/approach>In two experiments, between-subjects experimental designs were employed to test the primary hypothesis and identify the underlying causal mechanisms that influence consumer investment decisions.Findings>The results from two experiments indicate consumers have more belief in financial advice provided by a human financial advisor (vs robo-advisor), when the level of involvement is high. The authors also identify customer belief in the information and the customer's perception of the bank's “customer focus” as the causal mechanisms that have downstream effects on investment intentions.Originality/value>This research is the first to examine how financial advice received from a human advisor (vs robo-advisor) influences investment intentions in a retail banking context. Furthermore, this research identifies high involvement as a key boundary condition moderating the effects on investment intention and identifies consumer belief in the advice, as well as the bank's perceived level of customer focus as the causal mechanisms influencing investment intentions.

15.
Discrete Dynamics in Nature and Society ; 2022, 2022.
Article in English | ProQuest Central | ID: covidwho-2001939

ABSTRACT

An efficient banking system with the right monetary policy by controlling liquidity and inflation and directing resources to productive economic activities plays an essential role in economic development. However, banks’ performance is influenced by various political, economic, managerial, and social factors, and the study of these factors has been considered the topic of interest to researchers. This paper uses the structural equation modeling method to investigate the effect of ownership structure and corporate governance on listed banks’ performance in the Tehran Stock Exchange from 2011 to 2017. Based on the results, ownership structure dimensions have a relatively insignificant impact on corporate governance. However, the financial performance dimension has a statistically significant negative effect. The results also indicate that corporate governance is significantly associated with a positive effect on financial performance. Consequently, the results indicate that corporate governance may mitigate the negative impact that ownership structure dimensions may have on bank financial performance.

16.
Fulbright Review of Economics and Policy ; 2(1):20-34, 2022.
Article in English | ProQuest Central | ID: covidwho-2001554

ABSTRACT

Purpose>The paper examines the impact of COVID-19 on bank stock returns over various time scales and frequencies for 36 countries. Moreover, the authors look at the governments' responses to the corona crisis and examine its impact on bank stock returns.Design/methodology/approach>The paper applies continuous wavelet transformation to obtain robust estimates of the co-movement (coherency) between confirmed cases and bank stock returns over time and at different time scales. Furthermore, the authors apply fixed effects panel regression to examine the response of bank stocks to domestic COVID-19 policies.Findings>The results indicate that the number of confirmed COVID-19 cases negatively impacts bank stock returns during different waves of the pandemic in the medium-run. However, there is only little dependence in the very short-run. Moreover, bank stock returns positively react to domestic COVID-19 polices. This demonstrates that governmental interventions not only reduce the spread of COVID-19 but are also able to thereby calm financial markets.Originality/value>The application of wavelet methods to the field of economics and finance is relatively recent and allows the distinction between short-term and long-term effects. Standard econometric methods, in contrast, only operate within the time domain. This paper combines wavelet methods with conventional econometrics to answer the research question.

17.
Banks and Bank Systems ; 17(3):27-37, 2022.
Article in English | ProQuest Central | ID: covidwho-1994767

ABSTRACT

The unprecedented Lebanese economic crisis and the global COVID-19 pandemic have taken their toll on the Lebanese banking sector. This led to the need to investigate this sector in times of dire uncertainty by highlighting six digital banking channels offered by Lebanese banks. This study reveals how the banking industry has adapted to this novel situation by embracing dynamic technological changes to attain higher levels of customer satisfaction with digital banking channels (DBCs). Consequently, the study investigates the extent of DBC adoption, their usage benefits, the resulting service quality, and their aggregate impact on overall customer satisfaction with DBCs. The study measures customer satisfaction with digital technologies implemented in Lebanese banks during the most unstable period of Lebanese history. This study supported the deductive approach generating significantly interesting results by analyzing Spearman’s correlations regarding DBC adoption and investigating customer satisfaction levels with DBCs showing satisfactory results such as high correlation for mobile banking adoption (0.544), internet banking (0.533), transactional call center (0.528) followed by ATM (0.455). A multiple linear regression study found a positive relationship between DBC adoption in Lebanese banks and overall customer satisfaction with DBCs with an adjusted R-squared value of 0.454 for DBC benefits and an adjusted R-squared value of 0.802 for DBC service quality in Lebanese banks on their customer satisfaction. The final conclusion is that banks should invest in DBCs and develop them as they are the major determinants leading to improved customer satisfaction through higher adoption/diversification rates, improved service quality levels and greater benefits.

18.
Sosyoekonomi ; 30(53):137-153, 2022.
Article in English | ProQuest Central | ID: covidwho-1994667

ABSTRACT

This article explores the role of global financial instruments as hedging or safe-haven assets in the Covid-19 pandemic crisis, which has weakened the global economy, by linking it to the investor's fear sentiment perspective. Correspondingly, it analyses the effects of shocks in the VIX index, which represents the global investor's fear sentiment, on shocks in some investment assets during the ongoing pandemic. Eight major financial instruments from different asset classes are tested along with the VIX index to achieve this goal. The analysis covers a 156-week time series and assays the variables from symmetric and intertemporal perspectives. The findings show that the most robust asset is the American Dollar fiat currency, followed partly by the Euro and gold. BTC also has been safe for a short time.Alternate :Bu makale, küresel ekonomiyi zayıflatan Covid-19 pandemi krizinde riskten korunma veya güvenli liman varlıkları olarak küresel finansal araçların rolünü yatırımcının korku hissiyatı perspektifiyle ilişkilendirerek araştırmaktadır. Buna bağlı olarak, küresel yatırımcının korku hissiyatını temsil eden VIX endeksindeki şokların, devam eden pandemi sırasında bazı yatırım varlıklarındaki şoklar üzerindeki etkilerini analiz etmektedir. Bu amaca ulaşmak için farklı varlık sınıflarından sekiz ana finansal araç, VIX endeksi ile birlikte test edilmektedir. Analiz, 156 haftalık bir zaman serisini kapsamakta ve değişkenleri simetrik ve zamanlar arası perspektiflerden tahlil etmektedir. Bulgular, en sağlam varlığın Amerikan Doları itibari para birimi olduğunu, ardından kısmen Euro ve altının geldiğini göstermektedir. BTC'nin ise kısa süreliğine sağlam durduğu söylenebilir.

19.
AGRIS On-line Papers in Economics and Informatics ; 14(2):121-134, 2022.
Article in English | ProQuest Central | ID: covidwho-1994423

ABSTRACT

The influence of Industry 4.0 and the trend of economic globalization has led to growing competition among enterprises in all business sectors, then compelled them to seek new ways to create competitive advantages and sustainable development. Presently, digital transformation plays a critical role across many countries and in all sectors including the agriculture and the rural development. New players have been increasing in the banking sector in which incumbent banks are competing with other traditional banks, fintech, and big tech. Nevertheless, not all banks are successful in digital transformation. By analyzing the practices of two banks in Hungary, this study aims to highlight the digital transformation process which happens at the leading banks and compare and contrast in all dimensions at these transformations. The study results confirm that digitalization in incumbent banks is still at a low and medium level. Moreover, the study outcomes suggest that strategic planning and human resource play key roles in implementing Digital transformation. In addition, digital transformation at traditional banks is not only related to internal;external stakeholders can be drivers or barriers to this process. Government policy and support are important factors to improve the digitalization process in Hungary related to financial services for the agriculture. Based on the results obtained, the authors aim to supplement the lack of research on digital transformation in Hungary.

20.
Sustainability ; 14(15):9786, 2022.
Article in English | ProQuest Central | ID: covidwho-1994206

ABSTRACT

This study examines the relationship between sustainable financing and financial risk management of Chinese financial institutions, using data from Chinese banks. Financial risk management is a comprehensive measure of operating performance, asset quality and capital adequacy ratio. The structural vector auto-regression model determines the relationship between two variables. The positive shock of sustainable financing business negatively impacts the financial risk management of banks. In contrast, positive shock of banks’ financial risk management positively affects sustainable financing. Further subdivision of the sample revealed that sustainable financing does not always negatively impact the financial risk management of large state-owned banks. However, the positive shock of financial risk management reduces urban banks’ green credit proportions. The results are consistent whenever compared between the empirical outcome of the entire sample and the sample consisting of national joint stock bank accounts. This comparison helps eliminate the possibility of a biased outcome as a major portion of the sample is from a national joint-stock bank account. Apart from data limitations, the results of the sub-sample test are influenced due to the difference in deposit and loan interest rates, as well as different ownership structures of banks.

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