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  • List of Articles


      • Open Access Article

        1 - THE ROLE OF WOMEN IN FOSTERING FAMILY ECONOMY IN RURAL SUMATRA INDONESIA: A CASE STUDY
        Romi Setiawan
        Despite the prevalent portrayal of women as primarily responsible for household affairs, it is crucial to acknowledge that women have the potential to become strategic actors in improving the economic prosperity of their families. The purpose of this study is to examine More
        Despite the prevalent portrayal of women as primarily responsible for household affairs, it is crucial to acknowledge that women have the potential to become strategic actors in improving the economic prosperity of their families. The purpose of this study is to examine the significant contributions and pivotal role played by women in advancing the economic well-being of families through working in the oil palm industry in rural Sumatra, Indonesia. By focusing on the unique context of Sumatra, the research sheds light on the specific challenges faced by women and highlights their efforts to improve the family economy by working in the oil palm sector. This research uses a qualitative descriptive approach, the data obtained by conducting direct observations and interviews with women in various rural communities. Additionally, husbands were also interviewed, and questionnaires were distributed to community leaders to gain a comprehensive understanding of the dynamic at play. The findings of this study emphasise the empowering effects of women’s employment on their economic status, decision-making power, and overall well-being, while also discussing the potential implications for gender dynamics within the household and the broader community. This study also calls government policy interventions and support mechanisms to further enhance empowerment of women’s group at rural communities in accelerating a sustainable development. Manuscript profile
      • Open Access Article

        2 - Does Sustainability Matters for Firm Value: Evidence from China
        Aghila Sasidharan Manav Duggal
        This study aims to examine the impact of environmental social and governance (ESG) on firm value using a sample of firms listed in China. Using fixed effect panel regression analysis on a sample of firms listed on the Shanghai stock exchange of China, we find that ESG h More
        This study aims to examine the impact of environmental social and governance (ESG) on firm value using a sample of firms listed in China. Using fixed effect panel regression analysis on a sample of firms listed on the Shanghai stock exchange of China, we find that ESG has a positive impact on firm value consistent with shareholders theory. This approach highlights the value-enhancing potential of sustainability initiatives for all stakeholders, including shareholders. Future studies should examine the influence of ESG ratings on a broader scale, for as, by including small and medium-sized firms (SMEs) in the sample.Our findings provide implications for practitioner’s regulators and policy makers. Our study contributes to the existing literature on sustainability by focusing more on ESG in concentrated ownership country like China. Overall our findings confirm that sustainability reports carry information that is helpful for firm valuation and firms benefit from disclosing ESG activities by receiving higher tax benefits and having the potential to increase their loan capacity. Manuscript profile
      • Open Access Article

        3 - Determinants of interest free banking service in Ethiopia: The case of Commercial Bank of Ethiopia, Bale Robe, Ethiopia
        Yohannes Seifu
        Abstract This study is conducted to identify the potential factors affecting IFB services and customer satisfaction under the Commercial Bank of Ethiopia (CBE) in Bale Robe, Ethiopia. Cross-sectional study designs such as quantitative and qualitative approaches were use More
        Abstract This study is conducted to identify the potential factors affecting IFB services and customer satisfaction under the Commercial Bank of Ethiopia (CBE) in Bale Robe, Ethiopia. Cross-sectional study designs such as quantitative and qualitative approaches were used. Cluster method and systemic random sampling methodology were also used to select IFB account holders. The study showed that the mean difference of IFB service satisfaction among age category of the study participants and the difference were attributed to in age group of 21 to 30 years and 31 to 40 years (P= 0.028). The study also revealed as there is no variation in satisfaction with IFB service across participants’ occupation (F= 1.374 and P-value= 0.243). Socio-cultural factor were also identified to have a significant positive influence on IFB customer satisfaction. Governmental policy and regulation were found to be negatively significant predictor of IFB service (unstandardized beta coefficient = -0.229). In conclusion, relatively good progresses in trends of customer frequency, significant mean variation of IFB service customer satisfaction were seen across different age group of the respondents. The IFB customer satisfactions have significant strong negative correlation with governmental policy and regulation. Based on the above results the need to improve the knowledge and perception of community, expansion and sustaining of IFB service for the larger nation were forwarded as a recommendation. IFB system, the governmental policy, rule and regulation has to be revised. Manuscript profile
      • Open Access Article

        4 - Determining the Effective Organizational Characteristics on the Inventory Valuation Methods: Multinomial Logistic Regression Approach in an Emerging Economy
        Arash Arianpoor Zaid Salman
        This study investigates the effective characteristics of the company on the choice type of inventory valuation methods and evaluates the probabilities of using these methods for companies listed on the Iraq Stock Exchange. 35 companies' data during 8 years from 2014 to More
        This study investigates the effective characteristics of the company on the choice type of inventory valuation methods and evaluates the probabilities of using these methods for companies listed on the Iraq Stock Exchange. 35 companies' data during 8 years from 2014 to 2021 was examined. In this research, inventory accounting methods are defined as dependent variables. FIFO, WAC, and moving average methods are the most commonly used measure for evaluating inventories by most Iraqi industrial companies. Considering that the dependent variable type is a multi-level qualitative, the Multinomial Logistic Regression (MLR) was used. According to the results of Multinomial Logistic Regression and simple method, the working capital, ROA, and current ratio have a significant effect on the choice of FIFO and WAC valuation methods, while the industry type has only a significant effect on the choice of WAC valuation method. According to the results of the Bootstrap method, ROA and current ratio have a significant effect on the choice of FIFO and WAC valuation methods, while the working capital and Industry type, have a significant effect on the choice of WAC valuation method. Analysis based on robustness checks and the t+1 test confirmed these results. In addition, the results show that companies are more likely to use the WAC method than other methods. Manuscript profile
      • Open Access Article

        5 - Essays on Loan Disbursed to Microfinance Institutions by Financial Institutions: Insights from India.
        Ashraf Rehman
        The paper attempts to examine the trends of loan disbursed to Microfinance Institutions (MFIs) by various financial institutions over the past 15 years. To fulfil the objective, the study employs secondary data from NABARD and draws a comparative framework of the growth More
        The paper attempts to examine the trends of loan disbursed to Microfinance Institutions (MFIs) by various financial institutions over the past 15 years. To fulfil the objective, the study employs secondary data from NABARD and draws a comparative framework of the growth gate and percentage share of loan dispersed to Microfinance Institutions by different commercial and public banks and financial institutions. The findings of the study reveal that over the past 15 years, commercial banks dominated the disbursement shares with 50 percent loan disbursed to MFIs. Also, the growth rate of the loan disbursed by commercial banks was the highest with 26.58 percent. However, the analysis in the study revealed that COVID-19 registered a decline in the loan disbursements followed by a hike in post pandemic period, which is likely due to the demand for the financial services by various businesses or households, which suffered an economic blow during the pandemic. Manuscript profile
      • Open Access Article

        6 - An integrated inventory model with agile production rate, defective items, inflation, and green technology investments for deteriorating products
        Nita Shah Pratik Shah Milan Patel
        The paper analyses an inventory model for make-to-order policy from the customer to the dealer. The production rate is variable to meet customers’ demands in time and to control the emission of carbon units produced during the manufacturing process. The manufactur More
        The paper analyses an inventory model for make-to-order policy from the customer to the dealer. The production rate is variable to meet customers’ demands in time and to control the emission of carbon units produced during the manufacturing process. The manufacturing process is not perfect and produces defective items depending on the production rate. The dealer invests in green technology to reduce the number of carbon units produced during different stages of manufacturing and storage. Products are deteriorating in nature and their demand is influenced by the selling price of the product and green technology investments. The effect of inflation is also considered in various costs to carry out the study. First, a mathematical model is developed with given constraints and then elaborated with a numerical example. The objective is to find out the optimum values of production time, cycle time, green technology cost, and product selling price to maximize the dealer's total profit. The model is further analyzed to check the effect of marginal changes in inventory parameters on the decision variables and the results are used to study managerial insights. Manuscript profile