bluuebunny/crossref_metadata_2025 huggingface dataset:
Case Study: The Emerald Industry In Colombia
Authors: Kuri Carlos Miguel Barber , Ramirez Karla Rosa Davila
Published: March 2016

This case study was written using different sources which are mentioned trough the document. This synthesis of information is oriented to academic aims. This document was translated from the original one by Carlos Miguel Ramos Salazar on September, 2006
The OHearns: Estate Planning In The Presence Of Long-Term Care Considerations
Authors: O'Bryan David , Quirin Jeffrey J. , Heath Rebekah Sheely
Published: March 2016

This case exposes students to issues surrounding estate planning when one or both spouses contemplate a need for costly long-term care. The role of Medicare and especially Medicaid in paying for such care is emphasized. The case addresses such issues as whether or not to purchase long-term care insurance and what factors to consider when transferring assets. In addition to addressing legal and technical issues, the case also addresses ethical issues (e.g., the ethics of impoverishing oneself through the transfer of assets in order to qualify for Medicaid). It may be used in any undergraduate or graduate level course that includes some emphasis on estate planning.
Behind The Scenes: The 5 Ws Of Administering A College Of Business Professional Enrichment Program
Authors: Ekmekjian Elizabeth C.
Published: March 2016

What can we do as college administrators and faculty to better prepare tomorrows young professionals? How does one create a program to satisfy this objective? This paper will address how the William Paterson University (WPU), Christos M. Cotsakos College of Business (CCOB) created a unique and innovative program designed to enhance a students education by offering workshops and seminars focused on career development, ethics, leadership and numerous other life skills. The who, what, where, how, when and why of administering this program will be provided. Particular emphasis will be placed on the numerous goals and hurdles in a college setting such as: community and alumni involvement; reporting requirements (attendance and assessment); budget concerns; student awareness; advertising; and faculty support.
A Case Series Of Todays Vertical Integration
Authors: Clinton Steven R. , Manna Dean , Marco Gayle
Published: March 2016

In todays business environment outsourcing attracts considerable attention. The general rationale is that anything that is not a core competency of the firm is a candidate for outsourcing. The touted benefits are generally considered to be substantial cost savings, better productivity and more strategic use of scarce resources within the firm. In contrast, vertical integration has to some degree come to be viewed somewhat negatively the argument being that no single firm in todays competitive environment can possibly or should manage an extended enterprise. But as this series of case studies show, some firms are flourishing by going against prevailing logic and vertically integrating their supply chains.
Rich Family, Poor Family: Investment Portfolios And Case Studies From USA Today
Authors: Moy Ronald L. , Terregrossa Ralph
Published: March 2016

Case studies have become an integral part of the business education curriculum. However, opportunities to use this approach in financial planning are limited because of the lack of cases about individual investors. Although parents could share their finances with their children, a brief survey we conducted indicates that our students are not getting the opportunity to examine the personal financial information of their family members or friends either. This void is leaving students unprepared to enter into careers in financial planning and brokerage. This paper discusses the use of a long-running monthly column from USA Today entitled Your Portfolio, which provides cases on individual investing. The articles can be used to provide students with the opportunity to view the real-world financial circumstances of a range of individuals and to analyze and recommend the best course of action.
Crawford v. Washington, Revisited Confrontation Or Not, Dont Forget To Duck, Man
Authors: Reville Patrick J.
Published: March 2016

Picture this: It’s Friday afternoon, the day after Thanksgiving, Black Friday for those in retail.  You are relaxed and confident.  Your tenure application at the university has so far sailed through without a hitch.  It seems that all that publishing you have done has kept you from perishing, academically, that is.  A knock comes to your faculty office door, and two suits flashing tin enter.  They are from the Organized Commission for Reparations in Academic Plagiarism, otherwise known as: OCRAP.  A somewhat obscure quasi-federal agency set up under the Carter Administration, a visit from them often spells academic doom.  It seems that they have received a bevy of unsolicited e-mails accusing you of the academically unforgivable offence of using other researchers’ material without attribution.  You ask the key question: “WHO?”  Their response is that that information is confidential, and unavailable to you.  They serve you with a notice that a hearing will be held before Christmas, at the U. S. Courthouse, Foley Square, New York, N. Y.  Your first reaction is that you need to contact a lawyer.  Ironically, you quickly realize, that you are a lawyer.  Something in the back of your mind tells you that you have to have the ability to confront your accusers; something perhaps in the Constitution?  Maybe the time is ripe to go back and revisit the “confrontation” aspect of your present situation.
The A-VEDAM Model For Approaching Vehicle Exterior Design
Authors: Asami Hiroki , Owada Hideaki , Murata Yuka , Takebuchi Shouhei , Amasaka Kakuro
Published: March 2016

The exterior design of a vehicle is an important subjective factor in customer purchase decisions today, and it is critical that designs match customer lifestyles. This paper introduces A-VEDAM (Amasakalabs Vehicle Exterior design Approach Model), a model for approaching exterior design in a way that harmonizes the external form (profile) and color of the vehicle to meet the demands of the coming years. The development of the A-VEDAM focuses on the fact that more young women are getting drivers licenses and purchasing cars.
The Dynamics And Protection Of Local Culture Under Globalization On Lanta Island In Southern Thailand
Authors: Ukrit Arporn , Arunotai Narumon , Doungchan Piboon
Published: March 2016

This study aims to study how Lanta Islanders in southern Thailand can maintain their traditions and culture under globalization. The researchers conducted in-depth interviews with 30 islanders on Lanta Island and used content analysis to analyze the resulting data. The researchers found that, after the tourism boom and globalization came to Lanta Island, many foreign travelers have visited the island, causing local people to change their own way of life to support tourism. However, with government support, the local culture is still alive. The local people have maintained their culture in many ways, such as transmitting their culture to their children and mixing with Thai. We conclude that the Lanta Islanders still maintain their traditions and culture while learning about the world outside the island by adapting themselves in various ways to develop a mixed culture to live under globalization.
The Bear Claw Drywall Repair Clips: Bringing A New Product To Market
Authors: Van Winter Jerrold A.
Published: March 2016

The Bear Claw case provides students, among several lessons, a cautionary tale of an entrepreneur taking a new product to market on their own. John DiGate obtained a patent for his product, the Bear Claw, in 2001. The product provides a unique and effective method of repairing holes in drywall. The patent attorney working on the case was so impressed with the product that he offered to do the patent work at no charge in return for a percentage of the company. Despite some early positive successes, such as winning the Retailers Choice Award at the National Hardware Show in Chicago and having the opportunity to demonstrate the product on the QVC television network, the product has not achieved commercial success.After reading the case, students should appreciate the effort and investment that was made in attempting to commercialize this idea. They will observe that critical steps, such as marketing research and environmental scanning, were, for the most part, ignored. By the end of the case analysis, students should develop an appreciation of the importance of key marketing concepts in launching a new product and be better prepared if faced with a similar situation later in their careers.
Turning Poland Around The Polish Economy 1990 2009
Authors: Jacobsen Gorm
Published: March 2016

This article gives a description of the policy pursued by the Polish Government and the National Bank of Poland in the transformation of the Polish economy from a central planning economy to a market economy. There is special focus on the monetary economy, and most focus is laid on the first years of the transformation process.The article also gives a presentation of the development of the main macroeconomic figures for the whole period since the introduction of the new economic system in Poland.
Case Study: Differences Between US And International Financial Statements
Authors: Rinke Dolores
Published: March 2016

This case examines the differences in format and terminology in financial statements between US Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). Students download the financial statements of two different companies in the same industry; i.e., Nokia (reporting under IFRS) and Motorola (reporting under US GAAP). Questions related to the differences in format and terminology are addressed.
Perfect Pizza - Credit Card Processing Decisions
Authors: Kaciuba Gail
Published: March 2016

This case is based on a consulting project the author conducted with a credit card processing company, although the names and the numbers have been adjusted for use in the classroom. The case describes the nature of the credit card processing industry and asks students to prepare worksheets and graphs to determine credit card costs from the merchants perspective and revenues from the processors perspective. The workbook tasks require the use of absolute and relative cell-referencing and the MAX function, and also contain formatting issues for spreadsheets and graphs. The students are also asked to write a memo and to respond to several questions about decision making by the merchant and by the processor. One series of open-ended questions asks students to reflect on uncertainty, information bias, and risk aversion as elements of the decision making process.
Crossing Borders: The Case Of Mexican Tomatoes
Authors: Paden Nita
Published: March 2016

The case involves distributors who import Mexican produce into the United States. To-Mex faces several problems. First, U.S. homeland security is at an all time high and is likely to continue growing tighter. The potential for delays at customs is significant. Second, Mexican produce has image issues in the U.S. market. Some American consumers have the perception that Mexican produce may not be safe to eat. Changing those perceptions is critical. The third issue relates to product strategies, including a possible move from predominantly field grown tomatoes to greenhouse operations, possible development of consumer brands for produce, and the potential effects of country of origin labeling on consumer produce preferences.
The Case Of ABC Tech And Its Variable Interest Entities: When Is Consolidation Required?
Authors: Kelley Tim , Margheim Loren
Published: March 2016

In this case, students interpret GAAP requirements with respect to the accounting for variable interest entities. The case requires students (who take on the role of an audit manager) to critically apply GAAP requirements to the fact situation facing a fictitious technology company. The fictitious company is highly leveraged and has two large variable interest entities and the CEO of the company is determined to keep these entities off of his companys financial statements. The case requires critical thinking and judgment to determine if one or both of the companys variable interest entities must be consolidated according to current GAAP. Students are to summarize their findings in a memo to the audit partner in charge of the local office.
A Study Of The Management Of Thai Food Shops In Auckland, New Zealand
Authors: Sakolnakorn Thongphon Promsaka Na
Published: March 2016

This study aims to present: (1) the motivations behind the decision to set up Thai food shops in Auckland, New Zealand, (2) how the owners manage their business, and (3) the support requirements from the Thai government. This study includes an in-depth interview of a Thai man who is an owner of three food shops in Auckland. From the study, we found the motivations of the owner to set up business in New Zealand were that he likes the country, because the people have discipline and follow the rules, and he has a girlfriend who previously worked in Auckland. In addition, we found that to run a Thai food shop in New Zealand, a businessman must know service, marketing, food standards, consumer behavior, and other aspects of running a business, such as the costs of labor and operating expenses.
Internal Control And Accounting Systems Documentation: A Case Study
Authors: Michelman Jeffrey E. , Waldrup Bobby E. , Gillman Melanie R.
Published: March 2016

This case chronicles the experiences of a student intern as she assists in the transformation of a transportation companys internal audit department in a process to go public and come into compliance with the provisions of the Sarbanes-Oxley Act. It is designed to give students an in-the-trenches viewpoint of the sweeping effects that SOX has on the internal control structure of regulated firms. The topics of co-sourcing, documentation, re-performance, and mentoring are weaved into the story as examples of how the accounting profession affects organizational behavior and culture. The case is appropriate for undergraduate and graduate auditing, systems or internal audit classes. Moreover, the case would serve as an excellent aid for faculty and students involved in accounting internships.
Tax Case: Single Member LLC Brings In A Second Owner
Authors: Durant Monique O.
Published: March 2016

This paper presents a tax case simulating a real-world experience whereby a single member limited liability company that is currently classified as a disregarded entity, takes on a second owner. By default the entity will be classified as a partnership; however, if an affirmative election is made, the LLC could be taxed as a corporation or as an S corporation. Students are presented with two options for partnership formation along with hypothetical data and business objectives of the partners. They are then asked to consider the tax rules of two options, along with the resulting tax and economic impact of each option, in order to make a recommendation about the more favorable business alternative. Students are also asked to consider alternate forms of entity in addition to that of a partnership and the potential impact on the owners. In order to do this, students rely on fundamental knowledge learned in the typical business entities tax course and use their research and analytical skills to synthesize the most favorable outcome. Students are asked to deliver a tax memorandum which addresses a series of issues or questions, plus a client letter discussing the tax considerations as well as non-tax factors, in addition to Excel worksheets which outline the tax impact under each of the two options provided. As a result of this assignment, students discover the value of prudent and skillful tax planning, that additional, non-tax factors may need to be considered, and the positive impact they can have on the financial affairs of their clients.
International Expansion: A Case Study Of Mongolias Dairy Market
Authors: Daly Shelly A. , Ganbold Tsogt
Published: March 2016

A businessman teaches himself the fundamentals of business and marketing in order to expand beyond the region of his Mongolian home.He must work through the meaning of supply and demand and customer-orientation which are foreign concepts to him.Letting go of the fundamental principles taught to him by a socialist system and competing in the 21st century may bring success, but first he must identify the challenges and begin to understand which ones are significant to overcome for success.
BNY Mellons Sustainable Outlook
Authors: Marco Gayle J.
Published: March 2016

This report investigates BNY Mellons current sustainability program initiatives. To understand their initiatives, the report examines their sustainability statement. The statement taken from the BNY Mellon website specifically looks into the, environmentally prudent management of [their] facilities around the world; collaboration with suppliers to improve [their] direct environmental impacts; environmental programs; and education for employees; green investments and socially responsible products offered to clients.
Cultural Revolution - Just What Multinational Companies Need: A Case of GE
Authors: Onatolu Adebowale
Published: March 2016

This paper discusses the role that Cultural Revolution can play in the success of most multinational companies using General Electric as a case study. GE commits vast resources each year to the grooming and preparation of potential leaders through what many consider a fiercely competitive program of training as a means to weed out those who may not possess the skills necessary to lead (Kesler, 2002). The executives are comprised of the next generation of GE leaders. For more than 30 years, GE has been extending its global reach through the use of emerging technologies in developing markets. The message is clear - in order to be successful in a global environment, those in leadership positions must have the tools and support to make firm decisions. A continuous internal management succession plan allowed the company to transfer leadership from the former CEO, Jack Welch, to the current CEO, Jeffery Immelt
The Components Of A Successful CEO Apology
Authors: Hill Krista M. , Boyd David P.
Published: March 2016

Although most research suggests that apologies are associated with positive outcomes, the relationship can be equivocal. An apologys effectiveness is highly dependent on whether certain components are present. The current study investigates the effectiveness of various apology components proposed by Boyd (2011). Twenty-five CEO apologies were coded for seven components: revelation, recognition, responsiveness, responsibility, remorse, restitution, and reform. These apologies were then shown to 151 participants who rated their willingness to forgive and trust the apologizers. All components were significant except for responsibility.
US GAAP Conversion To IFRS: A Case Study Of The Balance Sheet
Authors: Harris Peter , Arnold Liz Washington
Published: March 2016

International Reporting Standards (IFRS) has become the required framework for most of the world financial market economies. In the United States, US Generally Accepted Accounting Principles (GAAP) is still required. However, plans are presently in place by the SEC to abandon US GAAP and to adhere to IFRS requirements by as early as the period ending December 31, 2014. This case study requires the student to transform a US GAAP presented Balance Sheet to IFRS and is most suitable for an Intermediary Accounting 11 and a Financial Analysis class at the graduate level.
The Case For Case Studies: Deriving Theory From Evidence
Authors: Klonoski Robert
Published: March 2016

While case studies appear frequently in business classrooms as learning exercises, they appear only infrequently in scholarly journals as an accepted basis on which to demonstrate a theory or test a hypothesis. While scholars have contributed much in recent years to improving the rigor and design of business case studies, this research approach may yet be underutilized. The academic approach to the study of law in the US and England draws heavily on the use of case studies; management scholars may benefit from an understanding of the ways in which lawyers construct, analyze, and draw lessons from cases.
Police Drones: A Legal Studies Case Study
Authors: Neil Benjamin A. , Neil II Benjamin A.
Published: March 2016

This case offers the students the opportunity to apply their knowledge of the Fourth Amendment of the United States Constitution, as it applies to the concept of unreasonable search and seizure. With this particular case problem being based on the recent action involving the defendant, Rodney Brossart and the State of North Dakota, wherein an unmanned military grade drone was used by the local police department, for the first time in the United States, to affect an arrest.
Generating Combinations: A Case Study In Database Design, Recursion, VBA, And SQL Programming
Authors: Dadashzadeh Mohammad , Varanasi Padmini
Published: March 2016

There are rare opportunities when solving an easily-understood problem can bring together application of skills taught in diverse courses in a Computer Science (CS) or Management Information Systems (MIS) program. This paper presents such an opportunity in the typical database management systems course taught at the junior or senior level. Specifically, we describe the problem of designing a database to keep track of university degree programs in, say, business analytics, their required core courses and elective groups, and generating all possible curriculum paths available for graduation. The elegant solution marries data modeling skills with programming skills in recursion, VBA and embedded SQL programming that work remarkably well in teaching students the value of each tool in the toolset they take away from required courses as a part of their undergraduate education in CS or MIS.
Training In Diversity Management
Authors: Treven Sonja , Treven Urska
Published: March 2016

The labor force all around the world is becoming increasingly diverse. Thus, organizations that can manage employee diversity effectively gain a competitive advantage. In such organizations diversity training is a necessity. Diversity training helps managers understand and value individual differences and develop strong diagnostic skills. The paper explores various approaches to training, like awareness-based and skill-based diversity training. A special attention to potential problems that may occur in the process of diversity training is given.
Racial Appearance And Income In Contemporary Mexico
Authors: Martinez Rutilio , De la Torre Cris
Published: March 2016

In Mexico, income and European appearance are strongly positively correlated. Racist attitudes, overt preference for the European appearance and high unemployment combine to maintain this racial economic hierarchy. Free market policies could help to reduce the racial economic inequality. These policies, however, go against the economic interests of the wealthy white oligarchy and against the prevailing political ideology of the dark skinned lower classes. Thus, the current racial economic inequality, with its negative economic consequences, is likely to continue.
Managing Diversity At Higher Education And Training Institutions: A Daunting Task
Authors: Lumadi Mutendwahothe Walter
Published: March 2016

Higher Education and Training Institutions (hereafter referred to as HETIs) are changing rapidly world-wide. Traditional academic cultures and relationships are being challenged, bringing new social dynamics to higher education systems and increasing diversity and differentiation within and between institutions. Against the backdrop of these changes, this article will attempt to shed light on the significance of diversity management at HETIs in the democratic country of South Africa. Although the scope of the study is South African driven, its recommendations may be relevant to all institutions around the globe.
Impact Of Job Analysis On Job Performance: Analysis Of A Hypothesized Model
Authors: Safdar Rehman , Waheed Ajmal , Rafiq Khattak Hamid
Published: March 2016

The manuscript entitled Impact of Job Analysis on Job Performance: Analysis of a Hypothesized Model was retracted on December 17, 2015. Please contact our office at Journals@CluteInstitute.com for more information.
The Effect Of Diversity Mandates: The Case Of Mississippi Institutions Of Higher Learning
Authors: Hochradel Rebecca , Long Jamye , Johnson Cooper , Wells Haley
Published: March 2016

After more than 40 years since the University of Mississippi integrated its student body and the passage of civil rights and affirmative action legislation throughout the United States, universities are confronting the issue of developing not only a diverse student body, but also a diverse faculty, staff, and administration.  In the intervening years, much research has been conducted in the area of diversity within universities.  Past research focused on the attitudes towards diversity, necessity and benefits of diversity, and student initiatives to address these issues.  However, the vast majority of diversity research centers on human resources issues.  In 2006, Commissioner Tom Meredith of the Mississippi Institutions of Higher Learning (IHL) charged the Mississippi higher education institutions with increasing the diversity of faculty, staff, and students.  The purpose of this study is to investigate the diversity among these institutions and to determine the effect of the mandate by the IHL on the diversity of employees and students at these universities.  Data analysis includes a report of the current diversity status and analysis of change based on the mandate.  This study concludes with a discussion of the results, implications of these results, and directions for future research.
A survey on the effects of the exchange rate changes and financial flexibility on the usage of financial leverage in accepted companies of Tehran stock exchange
Authors: Zare Reza
Published: March 2016

In the present study we try to examine the exchange rate changes and  financial flexibility as the economic stable indexes on the financial leverage  use in the companies so the main issue in this study is to define the financial leverage relation with  exchange rate changes and financial flexibility. That is why 88 companies of the companies listed in Tehran stock exchange in 2005–2011. The study type is descriptive–correlative and the multivariable linear regression was used to analyze the data. The findings from the hypotheses test state there is a significant relation between financial leverage and financial flexibility while there isn't relation between financial leverage and exchange rate changes.
Application of Multi-Objective Optimization on the Basis of Ratio Analysis (MOORA) Method for Bank Branch Location Selection
Authors: Görener Ali , Dincer Hasan , Hacioglu Umit
Published: March 2016

Location selection problem in banking is an important issue for the commercial success in competitive environment. There is a strategic fit between the location selection decision and overall performance of a new branch. Providing physical service in requested location as well as alternative distribution channels to meet profitable client needs is the current problematic to achieve the competitive advantage over the rivalry in financial system. In this paper, an integrated model has been developed to support in the decision of branch location selection for a new bank branch. Analytic Hierarchy Process (AHP) technique has been conducted to prioritize of evaluation criteria, and multi-objective optimization on the basis of ratio analysis (MOORA) method has been applied to rank location alternatives of bank branch.  
The Usage of Data Mining Technology in Financial Information System: An Application on Borsa Istanbul
Authors: Uzar Ceren
Published: March 2016

Data mining technology is one of the new technologies that have become increasingly popular. Data mining enables to form forecasts and models regarding future by making use of past data. It can be costly, risky and time consuming for enterprises to gain knowledge. Firms gain important competitive advantage by data mining methods. This study analyzes on the readiness to implement and the extent of utilization of data mining technologies in the Financial Information Systems (FIS) in Borsa Istanbul and also researches the level of understanding of, perceptions of and readiness to implement data mining technologies within the Borsa Istanbul.  Analysis was undertaken using SPSS. Manufacturing and financial enterprises are the universal of this study. Primary data were obtained by using survey method and questionnaire technique and findings of the study were evaulated. Technological, organisational and human resources issues had a significant role in the decision to, or not to utilize data mining technology. The ability to use data mining technology was found to be increased the performance of the Financial Information System.
Management of NPA via Capital Adequacy Norms: Its Effect Upon The Profile of Indian Banks and Credit Deposit Ratio
Authors: Das Ramesh Chandra , Patra Arun Kumar , Das Utpal
Published: March 2016

The reform agenda in the financial as well as banking sector in the Indian economy was not only in the target of achieving profitable banking business but also to reduce the magnitude of banking funds locked in the bad debt account so that, among others, the real delivery of credit (the credit-deposit ratio) rises in overall fronts. The Narasimham Committee Report in respect of reducing magnitude of non- performing assets has been framed in line with the Basel Norm regarding the asset quality of the banks where capital adequacy ratio has been fixed for different banks to achieve within different time periods. The present study, under such a back ground, has been structured to examine the profile of all Scheduled Commercial Banks in all ranges of CRAR over time in aggregate and bank group specific and to measure degree of correlation of NPA-Deposit ratio with CRAR trends and Credit-Deposit Ratio in all ranges of CRAR and their significance levels for the time period 1995-96 to 2009-2010. It has been observed that there has been variation across banks in following the guidelines of the reform committee. SBI group and foreign banks have been performing well in this respect. There has been rising trend of the proportions of banks in the above 10 per cent range of CRAR. The NPA/D ratio and C-D ratio have been observed to be positively and negatively correlated respectively for the first three ranges of CRAR and reverse in the above 10 per cent range. The correlation between the NPA/D ratio and C-D ratio is negative and significant.
Analysis of Technical Efficiency of Indian Banking Sector: An Application of Data Envelopment Analysis
Authors: Roy Dipayan
Published: March 2016

The proactively evolved banking regulations in the Indian Banking sector under the authorative directive of the Reserve bank of India (RBI) has often brought about a change in the business strategy, capital structure and operations of the banks in the Indian banking sector. During these events of continuous change and adoption of Basel norms, we analyse the efficiency of the Indian banking sector with using Data Envelopment Analysis across three economic eras andacross the different ownership structures. The determinants of efficiency are selected on the basis of intermediation approach. We also attempt to identify whether the inefficiency arises from managerial incompetence or improper size and resource allocation. From our analysis, we identify the main cause of inefficiency in the Indian Banking sector to be arising out of improper size allocation.
Pricing Linkage between Islamic Banking and Conventional Banking: The Case of Bangladesh
Authors: Ahmed Sarwar Uddin , Rahman Ashikur , Ahmed Samuel Parvez , Wali Ullah G M
Published: March 2016

Islamic banking is based on profit and loss mechanism where the use of interest is prohibited.  Unlike conventional banks, these banks do not charge a specific rate of interest, rather provides financing in exchange for profit sharing.  However, there are studies claiming that, in practice, Islamic banking is same as conventional banking with regard to the use of interest. It is also claimed that, Islamic deposits are not interest-free, but are closely attached to conventional deposits.  On this background, the objective of this study is to examine the relationship between pricing in Islamic banks vis-à-vis conventional banks by taking the case of Bangladesh. We have used monthly data during the period of 2009-2013. The findings of the study showed that, there is no statistically significant difference between the monthly average lending rates of Islamic banks and conventional banks. However, there is significant difference between deposit rates. The existence of causal relationship was inconclusive, and requires further analysis.
Concentration and Competition in Turkish Banking Industry: The Evidence from 2000 to 2012
Authors: Kuzucu Serpil
Published: March 2016

Banking industry worldwide has been transformed due to globalization, financial liberalization, technological developments, government policies, deregulation of financial services, financial crises and increase in mergers and acquisitions since 1980. With these changes, there is a trend towards decrease in the number of banks and increase in banking concentration. Increase in banking concentration might affect competition conditions in banking industry. The decrease in the number of banks and the increase in banking concentration dominate the Turkish banking industry after the banking crises in 2000 and 2001. This paper examines the relationship between concentration and competition in Turkish banking industry. I measure the size of banking concentration by concentration ratios and Herfindahl-Hirschman index with the data of commercial deposit banks in Turkey from 2000 to 2012. Competition degree is measured by using Panzar Rosse model. The results of the study suggest that there is no permanent relation between banking concentration and competition in Turkish banks.
Impact of Smoking Ban Fatwa on Indonesian Tobacco’s Company
Authors: Soepriyanto Gatot , Santoso Paulina
Published: March 2016

The objective of this study is to assess the share price reactions to smoking ban fatwa on Indonesia tobacco’s company. We expect that the smoking ban fatwa in the world’s largest Muslim population will hit the tobaccos industry revenues, lower tobacco’s company profit and eventually affect the share price of those firms. We use event study methodology and standard market model to calculate abnormal returns of the tobacco’s firms related to the news of smoking ban fatwa. Our study failed to find a statistically significant effect of smoking ban fatwa on tobacco’s firm stock market return. It suggests that the investors do not see the fatwa as a factor that may control the tobacco consumption in Indonesia – thus it may not affect the tobacco’s firm revenues and profit in the future
An empirical study of factors influencing adoption of Internet banking among students of higher education
Authors: Kazi Abdul Kabeer
Published: March 2016

This paper investigated the influence of factors on the intention to adopt Internet banking services among students of higher education in Pakistan. Theoretical framework used for this study has been adopted from Technology Acceptance Model (TAM) with four independent variables. Convenience sampling method was used with a total of valid 220 respondents, which included students of Khadim Ali Shah Bukhari Institute of Technology (KASBIT), Karachi, Pakistan. Data was collected through self administered questionnaire of two parts: Demographic and Likert scale multi-item scale for variables under study. Results indicatedthat convenience, perceived credibility, and perceived usefulness had significant positive influence among students on the intention to adopt Internet banking. The findings from this research would be useful for banks in the subject area, particularly for students in Pakistan.
Predicting the Istanbul Stock Exchange Index Return using Technical Indicators
Authors: Emir Senol
Published: March 2016

The aim of this study to examine the performance of Support Vector Regression (SVR) which is a novel regression method based on Support Vector Machines (SVM) approach in predicting the Istanbul Stock Exchange (ISE) National 100 Index daily returns. For bechmarking, results given by SVR were compared to those given by classical Linear Regression (LR). Dataset contains 6 technical indicators which were selected as model inputs for 2005-2011 period. Grid search and cross valiadation is used for finding optimal model parameters and evaluating the models. Comparisons were made based on Root Mean Square (RMSE), Mean Absolute Error (MAE), Mean Absolute Percentage Error (MAPE), Theil Inequality Coefficient (TIC) and Mean Mixed Error (MME) metrics. Results indicate that SVR outperforms the LR for all metrics.
A Theoretical Assessment on Optimal Asset Allocations in Insurance Industry
Authors: Abdelfettah Bouri , Jarraya Bilel
Published: March 2016

In recent years the financial markets known a rapid development and become more and more complex. So, many regulatory requirements, focused on banks as well as insurance sector, have been developed. These regulatory are concentrated essentially on business risk control and required capital to cover risks. These requirements have influenced the asset allocation issue in insurance industry. These requirements have influenced the asset allocation issue in insurance industry. This section is interested by this issue. In first time it highlights some research works in this issue. Then we will investigate the relation between Solvency and optimal asset allocation. Finally we will explore the principal used methods in modeling asset and in choosing the optimal portfolio composition.
A new measure of competition in Indian loan markets
Authors: Ansari Jugnu
Published: March 2016

This study examines bank competition in the loan markets in India using a new competitiveness index, the Augmented Relative Profit Difference (ARPD). The ARPD quantifies the impact of marginal costs on performance, measured in terms of market shares. The theoretical foundation of the ARPD is robust when compared to other conventional measures. Applying this unbiased competition indicator to loan markets shows that financial reform has contributed to significant improvements in competition. Public sector banks and private sector banks are more competitive than foreign banks too. In addition, we find that the Indian loanmarkets are monopolistic in nature.
Indonesian And Australian Tax Policy Implementation In Food And Agriculture Industry
Authors: Mulyadi Martin Surya , Dewi Maya Safira , Anwar Yunita , Pamungkas Hanggoro
Published: March 2016

Tax policy is one of the most important policy in consideration of investment development in certain industry. Research by Newlon (1987), Swenson (1994) and Hines (1996) concluded that tax rate is one of the most important thing considered by investors in a foreign direct investment. One of tax policy could be used to attract foreign direct investment is income tax incentives. The attractiveness of income tax incentives to a foreign direct investment is as much as the attractiveness to a domestic investment (Anwar and Mulyadi, 2012). In this paper, we have conducted a study of income tax incentives in food and agriculture industry; where we conduct a thorough study of income tax incentives and corporate performance in Indonesian and Australian food and agriculture industry. Our research show that there is a significant influence of income tax incentives to corporate performance. Based on our study, we conclude that the significant influence of income tax incentives to Indonesian corporate performance somewhat in a higher degree than the Australian peers. We have also concluded that Indonesian government provide a relatively more interesting income tax incentives compare to Australian government. However, an average method of net income –a method applied in Australia– could be considered by Indonesian government to avoid a market price fluctuation in this industry.
The New Bail-in Regime and the Need for Stronger Market Discipline
Authors: Vasileiou Evangelos
Published: March 2016

Effective Market Discipline (MD) puzzles financial economists and regulators for decades, while the recent bail-in legislation for European banks extremely raises the need for even stronger MD. It may not be exaggeration to say that a new regime for the European banking market is born after the aforementioned decision. This paper’s objective is the broader MD examination, using variables that are not usually included in MD studies, but concern the European Union (EU) and the European Monetary Union (EMU) in the last years. In particular, apart from banking, deposit insurance and pure macroeconomic indicators, we also include governance and sovereign debt indices. The new regime may need a new MD approach. We choose Greece to implement our assumptions, because it is the country with the most severe economic, sovereign and governance problems in the EU. We employ data for the period 2002-10. The empirical evidence supports that market discipline is superficial, while there is ample evidence that MD is directly influenced by the poor governance performance and the excessive government debt. Greek authorities have to make major structural reforms in order to create the conditions for long-term stability, while our analysis points out some EMU’s shortfalls.
Factors influencing Poverty Alleviation among Women Credit Beneficiaries in Tanzania
Authors: Nyang'au Samuel Nyambega , Nyamwinuka Valina
Published: March 2016

Many credit schemes in Tanzania channel their funds to women with the objective of alleviating poverty among them. Despite this, majority of women in the country continue to wallow in poverty. The present research was carried out among the Foundation for International Community Assistance’s women credit beneficiaries in Mwanza. The study set out to address the following objectives: to analyze the influence of the husband’s cooperation, relevant training and interest rate on poverty alleviation among women credit beneficiaries in Tanzania taking Foundation for International Community Assistance in Mwanza as a case study. Using simple regression model, results showed that cooperation from the husband as well as relevant training influences poverty alleviation among women credit beneficiaries in Tanzania by 56 and 36 percent respectively. But interest rate was found to have no significant influence at all. The paper recommends that seminars be conducted so that husbands can be taught the importance of cooperating with their wives. Above all giving training to women credit beneficiaries will go a long way in sharpening their business skills. Future researchers should research on laziness and complacency among women credit beneficiaries and the influence on poverty.
Microfinance Impact on Socio-Economic Empowerment
Authors: Vachya L , Kamaiah B
Published: March 2016

The present study seeks to examine the role of microfinance and its impact on economic and social empowerment of women. The study used multi-stage stratified proportionate random sampling technique in the selection of the representative district, mandal/taluka, villages and households. Empirically acclaimed logistic regression model has been employed for analyzing significant impact of plausible socio-economic factors on women empowerment. The study found that the socio-economic indicators have undergone significant changes. It also emerged that there has been an increase in women participation in the household decision making process. The study suggests that the government should prepare suitable plans and programmes for the social and economic empowerment of women. The study also suggests that policy measures such as increase in frequency of SHG meeting, SHG training programme, increase in loan amount and ensuring effective utilization of the loan, may be the useful initiatives to enhance women empowerment, income and employment opportunities.
The Determinants of Banking Performance
Authors: Hamdi Khalfaoui , Saada Moufida Ben
Published: March 2016

This paper aims to identify the determinants of performance of the Tunisian banking sector. The results found, following an empirical study using panel data of Tunisian banks listed on the stock market over the period 2000-2013, show that credit risk, liquidity, total assets and disclosure of information relating to credit are the main determinants of banking performance
Soundness of Ethiopian Banks
Authors: Mohammed Hamu Kedir , Wetere Yonas Mekonnen , Bekelecha Mikael Shibru
Published: March 2016

A well-functioning financial institution will sustain a countries economic development and play a great role in reduction of poverty. One of the major participants in the financial institution is the banking industry.  However, the mal-functioning of the banking system can be extremely costly to the real economy. As Bank is one of the participants and major key player in the financial institutions, it needs a continuous assessment by its supervisory and management. Mere ratio analyses are commonly used Performance measurement among the banking industry in Ethiopia. Nonetheless, these financial ratios are more of traditional as well as partial measurements. As such this study conducted using CAMEL framework set by bank for international settlement. The study takes secondary data which are gathered from audited annual reports of all banks. The result shows CAMEL framework is the best fit measurement for Ethiopian Banks and it give a comprehensive result which is very helpful for the governor to set a well determined policy and procedure.
The Effects of Bank Distress on The Nigerian Economy
Authors: Adefeya Adomola Felix , Obamuyi Marshal Tomola , Kayode Olawale Femi , Owoputi James Ayodele
Published: March 2016

Bank distress poses threats to financial intermediation process with serious detrimental effect on the economy. Despite all attempts made by the supervisory authorities, the problem appears to defy already established approach and the menace still continues to resurface. Hence, the need to investigate the effects of bank distress on the Nigerian economy. The cointegration and error correction mechanism were used to test the data which covers a period of thirty-one  (31) years from 1982 to 2012. The research findings revealed that the ratio of non-performing loans to total loans, and total loans and advances have significant negative effect on economic growth with p-values of 0.0240 and 0.0445 respectively. Also, total bank deposit and cash reserve ratio have significant positive effect on economic growth with p-values of 0.0020 and 0.0374 respectively. The implication of this result is that the Nigerian economy is significantly affected by bank distress. The paper suggests that careful evaluation of loan proposals should always be carried out by banks to determine the viability of the projects and the repayment of the principal sum and its interest ensured to prevent weak asset quality. 