bluuebunny/crossref_metadata_2025_split huggingface dataset:
An assessment of the financial soundness of the Kazakh banks
Authors: Salina Aigul P. , Zhang Xin , Hassan Omaima A.G. 
Published: September 2020

PurposeThe contribution of the banking industry to the financial crisis of 2007/8 has raised public concerns about the financial soundness of banks around the world with many countries still suffering the backlogs of this crisis. The continuous emergence of such crises at both national and international levels increases governments', bank regulators' and financial market participants' need for reliable tools to assess the financial soundness of banks. In this context, this study investigates the financial soundness of the Kazakh banking sector, which is ranked by the World Bank as the first in the world in terms of the percentage of nonperforming loans (NPL) to total gross loans in 2012.Design/methodology/approachUsing data about all Kazakh banks over the period January 01, 2008 to January 01, 2014, the study identifies a number of accounting indicators that influence the financial soundness of banks using principal component analysis (PCA). Then, it uses the outcomes of the PCA in a cluster analysis and groups the Kazakh banks into sound, risky and unsound banks at two points in time: January 01, 2008 and January 01, 2014. This methodology was further tested against a ranking system of banks and proved to be more reliable in detecting risky banks.FindingsFifteen financial ratios were initially selected as accounting indicators for the assessment of bank financial soundness. Using PCA, twelve indicators were isolated, which explain five principal components of capital adequacy, return on assets, profitability, asset quality, liquidity and leverage. Then using the “k-means” method, the results suggest a structure of the Kazakh banking sector on January 01, 2008 that includes two groups of banks: sound and risky banks. On January 01, 2014, this structure of the banking system has changed to include three groups of banks: sound, risky and unsound banks. Thus, in 2014 a new group of banks has emerged, i.e. financially unsound banks.Practical implicationsThe proposed cluster-based methodology has proven to be a reliable tool to detect the financial soundness of Kazakh banks, which makes us advocate its employability for bank monitoring and supervision purposes.Originality/valueThis study is the first to employ a cluster-based methodology to assess the financial soundness of a banking sector. This methodology can be used at a micro-level to determine the structure of a banking sector. Also, it can be used to monitor any changes in the structure of a banking sector and provide early warning signals about the financial health of banks.
Spillover effects in the financial year cycle for Indian markets
Authors: Bhatia Parul 
Published: September 2020

PurposeThe stock market anomalies have been studied across the globe with intermingled results for individual markets. The present study has investigated the financial year effect for Indian stock markets by testing month-of-the-year-effect anomalies.Design/methodology/approachThe oldest stock exchange's index returns (Bombay Stock Exchange [BSE]) have been tested using ordinary least squares (OLS) and autoregressive conditional heteroskedasticity in mean (ARCH-M) models with Student's t and Student's t-fixed distributions for the period between 1991 and 2019. The Glosten, Jagannathan and Runkle-generalised autoregressive conditional heteroskedasticity (GJR-GARCH) model has been further used to find out existence of the leverage effect in returns.FindingsThe findings indicated no evidence for anomalies in the Indian stock market which may be used by investors for making unusual returns. However, the volatility in returns has shown weak but significant results due to the financial year impact. The leverage effect has not been found in the financial year cycle change over. The Indian market may be said to be moving towards a state of efficiency, leaving no scope for investors to gauge bizarre profits.Research limitations/implicationsThe study has incorporated the Indian context for testing anomalies during the start and end of the financial year cycle. The model may be extended further to developed and developing nations’ markets for testing efficiency in their stock markets during the same cycle.Originality/valueThe paper may be the first of its kind to test for the financial year effect on standalone basis for Indian markets. The paper also adds to the existing literature on testing events’ effect.
The impact of foreign capital shifts on economic activities and asset prices: a threshold VAR approach
Authors: Baba Boubekeur , Sevil Güven 
Published: September 2020

Purpose
The purpose of this paper is to investigate the impact of foreign capital shifts on economic activities and asset prices in South Korea.

Design/methodology/approach
The authors in this paper apply the Bayesian threshold vector autoregressive (TVAR) model to estimate the regimes of large and low inflows of foreign capital. Then, structural impulse-response analysis is used to check whether the responses of the variables differ across the estimated regimes. The model is estimated using quarterly data of foreign capital inflows, gross domestic product (GDP), consumer price index, credit to the private non-financial sector, real effective exchange rate (REER), stock returns and house prices.

Findings
The main findings suggest that large inflows of gross foreign capital, foreign direct investments (FDI) and foreign portfolio investments (FPI) are ineffective to boost economic growth, but large inflows of other foreign investments (OFIs) significantly contribute to GDP. The decreases in the foreign capital inflows are associated with larger depreciation of REER. The large inflows of gross foreign capital, FDI and OFIs are associated with further expansion of credit supply to private non-financial sectors.

Research limitations/implications
The policy implications of foreign capital inflows are of particular importance to all the emerging markets alike. However, the empirical analysis is limited to the case of South Korea due to various reasons. The experience with international capital inflows among emerging markets is heterogeneous. Therefore, it would be better to take each case of emerging market individually. In addition, TVAR analysis requires a long data sample, which unfortunately is not available for most of the emerging markets.

Originality/value
The foreign capital inflows are shown to be procyclical and notoriously volatile in many studies. Nevertheless, this topic has commonly been studied using linear VAR models, which do not properly deal with the cyclical characteristics of foreign capital inflows. This study attempts to resolve these methodological limitations by examining a non-linear VAR model that is capable of capturing the structural breaks associated with the cyclical behaviors of foreign capital inflows.
Discrepancy in oil film distribution observed in ZEV reciprocating motion
Authors: Jin Xuyang , Wang Jing , Han Yiming , Sun Nannan , Zhu Jianrong 
Published: September 2020

Purpose
This study aims to present the discrepancy in oil film distribution in reciprocating motion experimentally with zero entraining velocity (ZEV) on a conventional ball-disk test rig with oil lubrication.

Design/methodology/approach
Driven independently by two individual servomotors, a steel ball and a sapphire disc move at equal speed but in opposite directions in a triangle wave. The oil film images between the ball and the disc were recorded by a camera. After the experiments, the mid-section film thickness was evaluated by using a dichromatic interference intensity modulation approach.

Findings
The dimpled oil film in transient condition is shallower than that at steady state with the same load and velocities, and the transient dimple depth decreases with the decrease of time. The increase of the applied load offers a beneficial effect on lubrication. Boundary slippage happens in ZEV reciprocating motion. The slippage at the interface is related to the transient effect and applied load.

Originality/value
This study reveals the significant difference of the oil film variation in ZEV reciprocating motion, especially the complex boundary slippage at the interface of the oil and the sapphire disc.

Peer review
The peer review history for this article is available at: https://publons.com/publon/10.1108/ILT-01-2020-0021
Motivation and sustained participation in the online crowdsourcing community: the moderating role of community commitment
Authors: Wu Wei , Gong Xiang 
Published: September 2020

PurposeCrowdworkers' sustained participation is critical to the success and sustainability of the online crowdsourcing community. However, this issue has not received adequate attention in the information systems research community. This study seeks to understand the formation of crowdworker sustained participation in the online crowdsourcing community.Design/methodology/approachThe research model was empirically tested using online survey data from 212 crowdworkers in a leading online crowdsourcing community in China.FindingsThe empirical results provide several key findings. First, there are two different types of sustained participation: continuous participation intention (CPI) and increased participation intention (IPI). Second, extrinsic motivation and intrinsic motivation positively influence crowdworker CPI and IPI. Third, community commitment negatively moderates the effects of extrinsic motivation on CPI and IPI, while it positively moderates the effects of intrinsic motivation on CPI and IPI.Originality/valueThis study has significant implications for research on online crowdsourcing community and provides practical guidance for formulating persuasive measures to promote crowdworker sustained participation in the community.
The impact of equity incentive plans (EIPs) on accounting conservatism in listed Chinese firms
Authors: Liu Sun , Zhang Jie 
Published: September 2020

PurposeThis study investigates whether listed firms using equity incentive plans (EIPs) adopt more conservative accounting in China's unique corporate setting.Design/methodology/approachBased on a sample of 2,243 listed firms and 9,950 firm-year observations for the period of 2008–2017, this study employs piecewise cross-sectional regression models with year and industry fixed effects to examine the associations proposed in the research hypotheses.FindingsThis study finds a positive relationship between the adoption of EIPs and accounting conservatism in listed Chinese firms. Further analyses reveal that this positive relationship is more pronounced when listed Chinese firms use restricted stock units (RSUs), instead of stock options, in their EIPs.Research limitations/implicationsUnlike many early studies, this paper empirically investigates the impacts of two different types of equity incentives – stock options and RSUs – and thus contributes to accounting and corporate governance literature by providing a better understanding of the impacts of different types of equity incentives on financial reporting quality. However, this study does not consider other alternative equity incentive measurements because of the limited data regarding Chinese firm's executive compensation.Practical implicationsThis study offers investors and policymakers in China some insight into how accounting conservatism in listed firms might be shaped by equity incentives used in their managerial compensation schemes.Originality/valueThis study is one of the few that examines the effects of using equity incentives in a large emerging market. It offers support for the view that the recent introduction of policies on EIPs by the Chinese government has an overall positive impact on listed firm's financial reporting quality, as reflected by greater degrees of accounting conservatism.
Social media as a tool of knowledge sharing in academia: an empirical study using valance, instrumentality and expectancy (VIE) approach
Authors: Chatterjee Sheshadri , Rana Nripendra P. , Dwivedi Yogesh K. 
Published: September 2020

Purpose
The purpose of this paper is to understand the factors that determine the knowledge exchange intention and behavioural nature of academics by the help of social media tools in the Indian higher education.

Design/methodology/approach
This study has used valance–instrumentality–expectancy (VIE) theory to determine the knowledge exchange behaviour of academics. The study has considered the effects of knowledge contributor (KC) and knowledge seeker (KS) as moderators. The model has been validated by using a survey with 320 usable respondents.

Findings
The results highlight that if the stakeholders of higher education institutions feel the deficits of knowledge exchange, they realize importance of knowledge sharing and use social media to increase effect of knowledge exchange. Besides, perceived usefulness impacts on the use of social media for knowledge exchange by the concerned stakeholders. Moreover, it is observed that experience of the use of social media impacts the use of this tool for knowledge exchange.

Research limitations/implications
The use and application of VIE theory have successfully been able to interpret the factors affecting use of social media for knowledge exchange in higher educational institutes. The use of VIE theory has also been able to explain the proposed model better as the model could achieve a high explanative power (87%).

Practical implications
This study has provided meaningful insights to the practitioners and policymakers to realize how the stakeholders of the higher education institutions in India can be motivated to feel the need of sharing of knowledge and how they can use social media with ease for this purpose.

Originality/value
Not much research has been conducted with regard to the usage of social media as a tool for knowledge sharing in higher education sector in India. In that sense, this study is a novel attempt to undertake such research.
Information technology and knowledge sharing for better health care: an emerging economy context
Authors: Turulja Lejla , Cinjarevic Merima , Veselinovic Ljiljan 
Published: September 2020

Purpose
The present study aims to explore “what” type of knowledge is shared, “how” it is shared and what information and communication tools are used to share knowledge among health-care professionals in the context of emerging “digital laggard” country in the South-Eastern European region (i.e. Bosnia and Herzegovina [B&H]).

Design/methodology/approach
This study applies the qualitative research methodology and thematic analysis for collecting, analysing and interpreting data. Primary data is collected using semi-structured interviews (n = 9). Key informants are employees of the main primary health-care institution in the capital of B&H.

Findings
The results indicate that knowledge sharing among primary health-care practitioners is the interplay of formal and informal exchange of knowledge, facilitated by both traditional communication media (face-to-face interaction) and ICT-based tools. In regards to ICT tools, our findings suggest that instant messing applications (predominantly Viber) are viewed as common media for sharing tacit knowledge within a community of practice.

Research limitations/implications
This study is limited to one emerging digital laggard country; thus, future research regarding ICT-based knowledge sharing in other emerging digital laggard countries is welcomed.

Originality/value
In the context of “digital laggard”, societies, informal, spontaneous and dynamic system of social interactions can be a successful substitute for ICT-based formalised and structured system of knowledge sharing.
Volatility and dependence structures of Latin American stock markets
Authors: Cardoso Guilherme , Ribeiro Karem , Carvalho Luciano 
Published: September 2020

PurposeRisk management has been crucial to investors and regulators for pursuing market diversification opportunities and developing strategies to ensure market stability. This study examines the dependence structures of volatility, related to co-movements and macroeconomic effects, among Latin American stock markets and the risk–return spectrum benefits in the Latin American market using time-varying returns and volatility forecasts within a multivariate structure.Design/methodology/approachThe sample comprised the largest stock markets in Latin America during the period from January 2000 to December 2017 and copulas and multivariate models were applied.FindingsThe results indicated that the copula with the best fit for modeling the dependence structure of the markets was symmetric Joe-Clayton with time-varying parameters. The dependence volatility structure was higher in the positive (upper tail) than in the negative (lower tail) returns, which may indicate that the Latin American markets had diversification benefits during downturns. Evidence of market coupling was found during times of the global crisis (subprime crisis) in Latin America. The presence of monetary and temporal effects over the dependence structures suggests that investors may obtain gains in a multivariate structure with copula distributions.Originality/valueThe findings will be of interest to researchers and practitioners for several reasons. First, this study contributes to the growing literature on the relationship between market dependence and volatility. Second, it indicates that the Latin American markets may present diversification advantages during downturns. Third, it informs the influence of macroeconomic effects on Latin American markets. The models that included the nonnormal and asymmetric characteristics of the financial market yielded better results in terms of less information loss and data adherence.
La diffusion des TIC ameliore‐t‐elle qualitativement les institutions politiques en Afrique?
Authors: Avom Désiré , Eyike Mbongo Louis de Berquin 
Published: September 2020

AbstractThis paper empirically analyses the impact of the diffusion of information and communication technology (ICT) on the quality of institutions simultaneously captured by democracy and corruption in a few African countries. To do so, we specify a panel Tobit model in which democracy is measured by the Institutional Quality Index proposed by the ICRG, while corruption is approximated by the Corruption Control Index. Our model is estimated on a sample of 40 African countries over the period 1995–2018. Overall, the main results show that ICT diffusion significantly improves the quality of democracy and reduces the propensity to corruption in the sample countries. We suggest strengthening the rule of law to increase the quality of democracy, a source of positive externalities on corruption.
Nonresident holdings of domestic debt in Nigeria: Internal or external driven?
Authors: Hosny Amr 
Published: September 2020

AbstractThis paper studies the drivers of nonresident holdings of local currency debt in Nigeria. Using data over 2007M1–2019M1, we show that, on average, global factors (global interest rates, oil prices) seem to carry more weight than domestic factors (treasury bills rate and domestic risk) in foreign portfolio investors’ decisions in Nigeria. Specifically, we show that foreign participation is, in the long run, positively correlated with oil prices and profitable rates of return on local‐currency instruments, but negatively correlated with exchange rate depreciation pressures. In the short run, oil prices, opportunity cost of funds and perception of Nigeria‐specific risks also play a role. These results highlight the volatile short‐term nature of such flows and call for a package of policy reforms to attract longer‐term direct investments.
Educational Goods: Values, Evidence, and Decision-Making—A Summary
Authors: Brighouse Harry , Ladd Helen F , Loeb Susanna , Swift Adam 
Published: September 2020

Abstract
This is a brief summary of the book Educational Goods: Values, Evidence, and Decision-Making by Harry Brighouse, Helen F. Ladd, Susanna Loeb and Adam Swift. It provides the introduction to the present symposium on this book, which includes the ensuing contributions from Carey Bagelman, Randall Curren, Michael Hand, John Tillson and Winston Thompson, followed by a response from the authors.
Handling biological sequences in R with the bioseq package
Authors: Keck François 
Published: September 2020

Abstract

With the democratization of molecular biology, more and more ecologists are required to analyse complex datasets including biological sequences.

I present the R package bioseq, a comprehensive toolset to handle biological sequences in R. The package implements three classes to work with DNA, RNA and amino acid sequences. Biological sequences are stored as simple vectors of character strings with restricted alphabets. This storage mode makes it easy to work with dataframes.

The package includes a collection of functions to perform basic editing operations on sequences and biological conversion among classes. The package can read and convert data from and to several formats. Thus, users can benefit from the richness of the R environment to perform advanced biological sequence analysis.

The bioseq package is a free software intended to be of significant value to researchers who need a simple and solid framework to analyse biological sequence data in R.
Effect of tranexamic acid on markers of inflammation in children undergoing craniofacial surgery
Authors: Fenger‐Eriksen Christian , Rasmussen Mads , Juul Niels , Krog Jan , Hvas Anne‐Mette 
Published: September 2020

AbstractBackgroundTranexamic acid (TXA) reduces blood loss and transfusion requirements during craniosynostosis surgery in small children. Possible interaction from TXA on the inflammatory system is unknown.ObjectiveTo evaluate the effect of TXA on a wide range of inflammatory markers in children receiving TXA in a randomized, blinded, and placebo controlled study design.MethodsThirty children undergoing craniosynostosis surgery with significant blood loss received TXA (bolus dose of 10 mg kg−1 followed by 8 hours continuous infusion of 3 mg kg−1 h−1) or placebo in a randomized, double‐blinded study design. Using a new proximity extension assays employing a panel of inflammatory biomarkers samples was used for analysis of blood samples obtained pre‐operatively, 4 and 24 hours after operation.ResultsNinety‐two inflammatory parameters were measured. TXA did not affect any of the measured parameters as compared with placebo. Among 34 of the 92 pro‐ and antiinflammatory parameters investigated changes were observed between pre‐operative, 4 or 24 hours, respectively, reflecting immune activation during surgical stress.ConclusionTXA administration in a low‐dose regimen including bolus followed by 8 hours infusion during craniosynostosis surgery did not change any of 92 inflammatory markers as compared with placebo.