The goal of this paper is to examine how the practices of small businesses engaged in acquiring, repairing, and reselling second-hand goods in Uzbekistan can contribute insights for shaping policies related to responsible consumption and decent work. Employing Gibson-Graham's method of reading for difference, this project aims to portray the diversity of the second-hand industry in Tashkent and reframe the narrative on the United Nations Sustainable Development Goals to render them more inclusive and performance-oriented. Data for the paper were gathered through a focus group and structured interviews with Uzbek entrepreneurs in four neighborhoods of Tashkent. The interview findings reveal that, beyond income and job security, entrepreneurs in Uzbekistan's second-hand industry highly value being self-employed and the connections their work allows them to establish with their customers. Moreover, this article underscores that responsible consumption is a dynamic concept primarily reliant on accessibility, creativity, and connectivity with one's surroundings and social network.
{"title":"Redefining responsible consumption decent work: Insights from the second-hand industry in Uzbekistan","authors":"Anne-Charlotte Marcombe, Khumoyun Sayfullaev, Nadira Islamova","doi":"10.15549/jeecar.v11i3.1655","DOIUrl":"https://doi.org/10.15549/jeecar.v11i3.1655","url":null,"abstract":"The goal of this paper is to examine how the practices of small businesses engaged in acquiring, repairing, and reselling second-hand goods in Uzbekistan can contribute insights for shaping policies related to responsible consumption and decent work. Employing Gibson-Graham's method of reading for difference, this project aims to portray the diversity of the second-hand industry in Tashkent and reframe the narrative on the United Nations Sustainable Development Goals to render them more inclusive and performance-oriented. Data for the paper were gathered through a focus group and structured interviews with Uzbek entrepreneurs in four neighborhoods of Tashkent. The interview findings reveal that, beyond income and job security, entrepreneurs in Uzbekistan's second-hand industry highly value being self-employed and the connections their work allows them to establish with their customers. Moreover, this article underscores that responsible consumption is a dynamic concept primarily reliant on accessibility, creativity, and connectivity with one's surroundings and social network.","PeriodicalId":127595,"journal":{"name":"Journal of Eastern European and Central Asian Research (JEECAR)","volume":"5 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141267876","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-06-04DOI: 10.15549/jeecar.v11i3.1709
Isniar Budiarti, Deri Firmansyah
This research investigated the relationship between the digitalization of human capital, digital talent, and innovation capabilities among Business Unit employees. The mediating role of digital talent in the digital transformation of human resources and innovation capability among SMEs was examined. Business Unit employees were tested using the PLS-SEM method, and a survey was conducted on SME Business Unit employees. The purposive technique was developed with convenience sampling and chosen as a non-probability sampling technique. The primary data sources were 185 respondents who worked within the SME business unit in Indonesia. The findings indicate that the digital transformation of human resources, talent, and innovative capacity has a strong positive correlation. The link between innovative capabilities and digital transformation is mediated by digital talent. This study contributes to the human resources post-recruitment, talent management, and digital talent literature in the management function, and it underscores the crucial role of human and technological factors in the digital transformation of human resources, which is increasingly visible on the path to organizational success.
{"title":"Innovatoion capability: Digital transformation of human resources and digital talent in SMEs","authors":"Isniar Budiarti, Deri Firmansyah","doi":"10.15549/jeecar.v11i3.1709","DOIUrl":"https://doi.org/10.15549/jeecar.v11i3.1709","url":null,"abstract":"This research investigated the relationship between the digitalization of human capital, digital talent, and innovation capabilities among Business Unit employees. The mediating role of digital talent in the digital transformation of human resources and innovation capability among SMEs was examined. Business Unit employees were tested using the PLS-SEM method, and a survey was conducted on SME Business Unit employees. The purposive technique was developed with convenience sampling and chosen as a non-probability sampling technique. The primary data sources were 185 respondents who worked within the SME business unit in Indonesia. The findings indicate that the digital transformation of human resources, talent, and innovative capacity has a strong positive correlation. The link between innovative capabilities and digital transformation is mediated by digital talent. This study contributes to the human resources post-recruitment, talent management, and digital talent literature in the management function, and it underscores the crucial role of human and technological factors in the digital transformation of human resources, which is increasingly visible on the path to organizational success.","PeriodicalId":127595,"journal":{"name":"Journal of Eastern European and Central Asian Research (JEECAR)","volume":"8 9","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141265686","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-06-04DOI: 10.15549/jeecar.v11i3.1588
Darko Marjanović, Ivana Domazet, Valentina Vukmirović
The economic growth and development of a country depend on the inflow of foreign direct investment, and the legal environment factors play an important role in securing it. Compared to other countries in South-Eastern Europe, Serbia has achieved remarkable results in terms of FDI inflows over the last ten years. The research examines the impact of the legal environment on FDI inflows in Serbia. The study was conducted using a quantitative approach and a survey technique based on a structured questionnaire. The basic set of the research consists of the 300 most prominent foreign investors (response rate of 28%) who invested capital in Serbia in the period 2011-2019. The results of the conducted research show that ownership in Serbian companies is the most important factor in the legal environment that influences a foreign investor's decision to invest capital in these companies. The results show that labor legislation, law enforcement, and confidence in the legal system can significantly contribute to a foreign investor's decision to invest capital in Serbia. The legal environment's implications influence investor decisions and shape the overall investment climate of a country. A well-structured and investor-friendly legal framework will increase Serbia's competitiveness and attractiveness for foreign investments.
{"title":"Legal environment as a factor in the inflow of Foreign Direct Investment: Case of Serbia","authors":"Darko Marjanović, Ivana Domazet, Valentina Vukmirović","doi":"10.15549/jeecar.v11i3.1588","DOIUrl":"https://doi.org/10.15549/jeecar.v11i3.1588","url":null,"abstract":"The economic growth and development of a country depend on the inflow of foreign direct investment, and the legal environment factors play an important role in securing it. Compared to other countries in South-Eastern Europe, Serbia has achieved remarkable results in terms of FDI inflows over the last ten years. The research examines the impact of the legal environment on FDI inflows in Serbia. The study was conducted using a quantitative approach and a survey technique based on a structured questionnaire. The basic set of the research consists of the 300 most prominent foreign investors (response rate of 28%) who invested capital in Serbia in the period 2011-2019. The results of the conducted research show that ownership in Serbian companies is the most important factor in the legal environment that influences a foreign investor's decision to invest capital in these companies. The results show that labor legislation, law enforcement, and confidence in the legal system can significantly contribute to a foreign investor's decision to invest capital in Serbia. The legal environment's implications influence investor decisions and shape the overall investment climate of a country. A well-structured and investor-friendly legal framework will increase Serbia's competitiveness and attractiveness for foreign investments.","PeriodicalId":127595,"journal":{"name":"Journal of Eastern European and Central Asian Research (JEECAR)","volume":"9 45","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141265740","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-06-04DOI: 10.15549/jeecar.v11i3.1559
E. Hoffman, R. P. Sergio, Zakariya Chabani, Jaya Ajuha
Azerbaijan's dynamic and diverse retail landscape is driving an escalating demand for motivated personnel, both locally and globally, to address sustainable development requirements. In competitive and demanding retail environments, the success of organizations can rely on confident, skilled, motivated, and informed employees to meet challenging business demands and inclusive growth. As Azerbaijan's retail competitive edge continues to expand, there is a heightened need for effective employer-employee interactions and strategic human capital to navigate intricate organizational hurdles. The targeted population for this study included current retail employees, and semi-structured in-depth interviews with 15 participants from 15 different retail service organizations were conducted. Hence, this research study addresses a crucial gap in leadership literature by examining the interplay between destructive leadership and employees' psychological empowerment, encompassing dimensions like meaningfulness, self-determination, competence, and impact. Employing a qualitative phenomenological approach, the study delves into the real-life experiences of employees within the Azerbaijani retail sector. The study concludes that destructive leadership can significantly hamper employees' psychological empowerment, resulting in negative impacts on their work role orientation, engagement, productivity, and commitment.
{"title":"Exploring the perceived effects of Destructive Leadership on employees' psychological empowerment: An Azerbaijan retail context","authors":"E. Hoffman, R. P. Sergio, Zakariya Chabani, Jaya Ajuha","doi":"10.15549/jeecar.v11i3.1559","DOIUrl":"https://doi.org/10.15549/jeecar.v11i3.1559","url":null,"abstract":"Azerbaijan's dynamic and diverse retail landscape is driving an escalating demand for motivated personnel, both locally and globally, to address sustainable development requirements. In competitive and demanding retail environments, the success of organizations can rely on confident, skilled, motivated, and informed employees to meet challenging business demands and inclusive growth. As Azerbaijan's retail competitive edge continues to expand, there is a heightened need for effective employer-employee interactions and strategic human capital to navigate intricate organizational hurdles. The targeted population for this study included current retail employees, and semi-structured in-depth interviews with 15 participants from 15 different retail service organizations were conducted. Hence, this research study addresses a crucial gap in leadership literature by examining the interplay between destructive leadership and employees' psychological empowerment, encompassing dimensions like meaningfulness, self-determination, competence, and impact. Employing a qualitative phenomenological approach, the study delves into the real-life experiences of employees within the Azerbaijani retail sector. The study concludes that destructive leadership can significantly hamper employees' psychological empowerment, resulting in negative impacts on their work role orientation, engagement, productivity, and commitment.","PeriodicalId":127595,"journal":{"name":"Journal of Eastern European and Central Asian Research (JEECAR)","volume":"28 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141266522","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-06-04DOI: 10.15549/jeecar.v11i3.1604
Ali Sufyan, Arif Ibne Asad, Petr Novák
Assessing the effectiveness of radical and incremental innovation in SMEs in Eastern European countries is a significant issue in regional economics. In contrast, radical innovation entails the creation of wholly novel goods or organization processes that establish new markets. Progressive enhancements to current goods and processes are referred to as incremental innovation. This study explains the influence of incremental and radical innovation on performance of small and medium-sized enterprises in Eastern Europe. Employing EUROSTAT data from 2012 to 2021 using regression analysis and a graphical model, we examined basic, radical, and incremental innovation and total researcher performance in SMEs, which could enormously affect business performance in Eastern European countries. Our findings indicated that radical, incremental innovation and total research are all favourably related to the performance of SMEs and an approach to studying various innovations and their impact on SMEs. The particular performance effects of radical and incremental innovations in Eastern European SMEs might vary considerably. To give more specific knowledge and suggestions for SMEs, empirical investigations and comprehensive research are required. Our results can contribute to SMEs both theoretically and practically, providing fresh theoretical perspectives for scholars and helpful management consequences for administrators of SMEs in developing countries.
{"title":"Radical and incremental innovations performance in Eastern European SMEs: An empirical study of developed and emerging economies","authors":"Ali Sufyan, Arif Ibne Asad, Petr Novák","doi":"10.15549/jeecar.v11i3.1604","DOIUrl":"https://doi.org/10.15549/jeecar.v11i3.1604","url":null,"abstract":"Assessing the effectiveness of radical and incremental innovation in SMEs in Eastern European countries is a significant issue in regional economics. In contrast, radical innovation entails the creation of wholly novel goods or organization processes that establish new markets. Progressive enhancements to current goods and processes are referred to as incremental innovation. This study explains the influence of incremental and radical innovation on performance of small and medium-sized enterprises in Eastern Europe. Employing EUROSTAT data from 2012 to 2021 using regression analysis and a graphical model, we examined basic, radical, and incremental innovation and total researcher performance in SMEs, which could enormously affect business performance in Eastern European countries. Our findings indicated that radical, incremental innovation and total research are all favourably related to the performance of SMEs and an approach to studying various innovations and their impact on SMEs. The particular performance effects of radical and incremental innovations in Eastern European SMEs might vary considerably. To give more specific knowledge and suggestions for SMEs, empirical investigations and comprehensive research are required. Our results can contribute to SMEs both theoretically and practically, providing fresh theoretical perspectives for scholars and helpful management consequences for administrators of SMEs in developing countries.","PeriodicalId":127595,"journal":{"name":"Journal of Eastern European and Central Asian Research (JEECAR)","volume":"9 44","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141265741","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-06-04DOI: 10.15549/jeecar.v11i3.1666
Kateřina Petrová, Jan Špatenka, Lukas Vaclavik
The purpose of this research is to evaluate how companies approach cybersecurity, which measures the companies set, and how it is reflected in relation to organizational learning. A questionnaire was distributed electronically among 124 IT and IS professionals working in companies based in the Czech and Slovak Republic. Hypotheses were tested using the chi-square test of independence, the Mann–Whitney U test, and the Pearson correlation coefficient. The results depict that cybersecurity is a fundamental topic for most companies. Unless companies declare the importance of cybersecurity, they do not tend to set and use security rules unless they are not under security laws. Research shows that costs for cybersecurity are variable, not fixed, and are in correlation with the size of the company and the turnover.
本研究的目的是评估公司如何处理网络安全问题、公司制定了哪些衡量标准，以及这些标准与组织学习的关系。通过电子方式向 124 名在捷克和斯洛伐克共和国公司工作的 IT 和 IS 专业人员发放了调查问卷。使用独立的卡方检验、曼-惠特尼 U 检验和皮尔逊相关系数对假设进行了检验。结果表明，网络安全是大多数公司的基本主题。除非公司宣布网络安全的重要性，否则他们不会倾向于制定和使用安全规则，除非他们不受安全法律的约束。研究表明，网络安全成本是可变的，而不是固定的，与公司规模和营业额相关。
{"title":"Assessment of cybersecurity of organizations: An empirical study of Czech and Slovak organizations","authors":"Kateřina Petrová, Jan Špatenka, Lukas Vaclavik","doi":"10.15549/jeecar.v11i3.1666","DOIUrl":"https://doi.org/10.15549/jeecar.v11i3.1666","url":null,"abstract":"The purpose of this research is to evaluate how companies approach cybersecurity, which measures the companies set, and how it is reflected in relation to organizational learning. A questionnaire was distributed electronically among 124 IT and IS professionals working in companies based in the Czech and Slovak Republic. Hypotheses were tested using the chi-square test of independence, the Mann–Whitney U test, and the Pearson correlation coefficient. The results depict that cybersecurity is a fundamental topic for most companies. Unless companies declare the importance of cybersecurity, they do not tend to set and use security rules unless they are not under security laws. Research shows that costs for cybersecurity are variable, not fixed, and are in correlation with the size of the company and the turnover.","PeriodicalId":127595,"journal":{"name":"Journal of Eastern European and Central Asian Research (JEECAR)","volume":"8 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141267720","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-06-04DOI: 10.15549/jeecar.v11i3.1382
Irina Kerimova, Zamira Ataniyazova
This paper explores the Critical Success Factors in e-commerce in Uzbekistan. First, the most essential variables are identified through a literature review. Then, experts in the Uzbekistan e-commerce industry evaluate each potential success factor. Third, the most outstanding factors are elicited through Factor Analysis. While some of the research findings suggest addressing IT-related variables to help secure customers in line with previous studies in developing countries, an unexpected discovery is human resources emphasis, which is typically emphasized in more developing countries. A qualitative part of the research makes an important contribution to e-commerce development. In particular, responsible institutions are recommended to revisit their counterfeit products policies. The paper serves as a guide for Uzbekistan e-commerce entities. Besides its practical value, the study contributes to the extant literature by enlarging the research body of critical success factors among developing countries.
{"title":"Determining the critical success factors of e-commerce in Uzbekistan","authors":"Irina Kerimova, Zamira Ataniyazova","doi":"10.15549/jeecar.v11i3.1382","DOIUrl":"https://doi.org/10.15549/jeecar.v11i3.1382","url":null,"abstract":"This paper explores the Critical Success Factors in e-commerce in Uzbekistan. First, the most essential variables are identified through a literature review. Then, experts in the Uzbekistan e-commerce industry evaluate each potential success factor. Third, the most outstanding factors are elicited through Factor Analysis. While some of the research findings suggest addressing IT-related variables to help secure customers in line with previous studies in developing countries, an unexpected discovery is human resources emphasis, which is typically emphasized in more developing countries. A qualitative part of the research makes an important contribution to e-commerce development. In particular, responsible institutions are recommended to revisit their counterfeit products policies. The paper serves as a guide for Uzbekistan e-commerce entities. Besides its practical value, the study contributes to the extant literature by enlarging the research body of critical success factors among developing countries.","PeriodicalId":127595,"journal":{"name":"Journal of Eastern European and Central Asian Research (JEECAR)","volume":"86 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141267904","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-06-04DOI: 10.15549/jeecar.v11i3.1640
Oksana Nemyrovska, Olena Ievseitseva
This study explores the relationship between territorial marketing and branding and a country's regional competitiveness and aims to assess the impact of marketing strategies and policies of cities and territories on that regional competitiveness. Two hypotheses are examined. The first hypothesis suggests that improving a city's visibility on the Internet attracts tourists and foreign investors. The second hypothesis highlights the importance of high-quality information content on city websites to enhance competitiveness. The study conducts a comprehensive analysis of European countries to evaluate the impact of territorial marketing on competitiveness. This includes correlation analysis of competitiveness indices, analysis of Google Trends search queries to identify city name search trends, and content analysis of city websites to assess marketing quality. The findings reveal that cities with rich historical and cultural attractions are gaining popularity online, consequently increasing their competitiveness in both the tourism and investment sectors.
{"title":"Digital visibility and competitive edge: Analyzing the impact of territorial marketing on regional competitiveness","authors":"Oksana Nemyrovska, Olena Ievseitseva","doi":"10.15549/jeecar.v11i3.1640","DOIUrl":"https://doi.org/10.15549/jeecar.v11i3.1640","url":null,"abstract":"This study explores the relationship between territorial marketing and branding and a country's regional competitiveness and aims to assess the impact of marketing strategies and policies of cities and territories on that regional competitiveness. Two hypotheses are examined. The first hypothesis suggests that improving a city's visibility on the Internet attracts tourists and foreign investors. The second hypothesis highlights the importance of high-quality information content on city websites to enhance competitiveness. The study conducts a comprehensive analysis of European countries to evaluate the impact of territorial marketing on competitiveness. This includes correlation analysis of competitiveness indices, analysis of Google Trends search queries to identify city name search trends, and content analysis of city websites to assess marketing quality. The findings reveal that cities with rich historical and cultural attractions are gaining popularity online, consequently increasing their competitiveness in both the tourism and investment sectors.","PeriodicalId":127595,"journal":{"name":"Journal of Eastern European and Central Asian Research (JEECAR)","volume":"13 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141266932","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-06-04DOI: 10.15549/jeecar.v11i3.1544
Dang Quang Nguyen, V. Dang
This study investigates the bank risk-taking channel of monetary policy transmission by comprehensively analyzing multiple bank risk measurements amid monetary policy shocks in Vietnam. Using banking data for 2008–2021, a dynamic panel model is estimated to examine the risk exposure of 30 Vietnamese commercial banks. The paper employs the annual M2 money supply growth as a monetary policy variable, besides two policy interest rates established by the central bank. We find that an expansion of monetary policy benefits the quality of loan portfolios; however, reduced interest rates or an extended money supply increase insolvency risk. We also document that heightened economic growth corresponds to a reduced likelihood of credit and insolvency risks, while a surge in the inflation rate leads to an escalation in insolvency risk, manifested by a decline in the Z-score index. Overall, the findings on different risk dimensions in this paper are expected to draw a comprehensive picture of banks’ risk appetite and behavior in response to monetary changes.
本研究通过全面分析越南货币政策冲击下的多种银行风险测量，研究了货币政策传导的银行风险承担渠道。利用 2008-2021 年的银行数据，通过动态面板模型估计，考察了越南 30 家商业银行的风险暴露情况。除了中央银行制定的两个政策利率外，本文还采用了年度 M2 货币供应量增长作为货币政策变量。我们发现，扩大货币政策有利于提高贷款组合的质量；然而，降低利率或扩大货币供应量会增加破产风险。我们还记录到，经济增长的加快对应着信贷和破产风险可能性的降低，而通货膨胀率的飙升则导致破产风险的上升，表现为 Z 分数指数的下降。总体而言，本文对不同风险维度的研究结果有望全面反映银行的风险偏好和应对货币变化的行为。
{"title":"Monetary policy and risk of commercial banks in Vietnam","authors":"Dang Quang Nguyen, V. Dang","doi":"10.15549/jeecar.v11i3.1544","DOIUrl":"https://doi.org/10.15549/jeecar.v11i3.1544","url":null,"abstract":"This study investigates the bank risk-taking channel of monetary policy transmission by comprehensively analyzing multiple bank risk measurements amid monetary policy shocks in Vietnam. Using banking data for 2008–2021, a dynamic panel model is estimated to examine the risk exposure of 30 Vietnamese commercial banks. The paper employs the annual M2 money supply growth as a monetary policy variable, besides two policy interest rates established by the central bank. We find that an expansion of monetary policy benefits the quality of loan portfolios; however, reduced interest rates or an extended money supply increase insolvency risk. We also document that heightened economic growth corresponds to a reduced likelihood of credit and insolvency risks, while a surge in the inflation rate leads to an escalation in insolvency risk, manifested by a decline in the Z-score index. Overall, the findings on different risk dimensions in this paper are expected to draw a comprehensive picture of banks’ risk appetite and behavior in response to monetary changes.","PeriodicalId":127595,"journal":{"name":"Journal of Eastern European and Central Asian Research (JEECAR)","volume":"6 7","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141267301","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-06-04DOI: 10.15549/jeecar.v11i3.1418
Iuliya Trofimova, Aidar A. Mambetkaziyev, G. Konopyanova, Marina Kozlova, Yevgeniy Varavin
Scientific novelty of this study is determined by the fact that the assessment of the bank's competitiveness is carried out in the context of financial stability. In international financial organisations (which include banks), the financial stability of a bank is understood as an effective ability to distribute financial resources, ensure financial risk management (which is what banks do). This approach to determining the financial stability of a bank is also used in the study – the essence of financial stability reflects the state of financial resources and the degree of their use. Consequently, stability is also assessed through the balance of sources of flows of attracted financial resources, which are basic for the functioning of the bank and flows that determine the directions of use of such resources. The practical significance of the study is conditioned by the fact that the financial stability of a bank determines its ability to constantly develop, which is a gradual, dynamic movement in a competitive market within the framework of the chosen strategy.
{"title":"Enhancing the methods used to evaluate the competitiveness of commercial banks","authors":"Iuliya Trofimova, Aidar A. Mambetkaziyev, G. Konopyanova, Marina Kozlova, Yevgeniy Varavin","doi":"10.15549/jeecar.v11i3.1418","DOIUrl":"https://doi.org/10.15549/jeecar.v11i3.1418","url":null,"abstract":"Scientific novelty of this study is determined by the fact that the assessment of the bank's competitiveness is carried out in the context of financial stability. In international financial organisations (which include banks), the financial stability of a bank is understood as an effective ability to distribute financial resources, ensure financial risk management (which is what banks do). This approach to determining the financial stability of a bank is also used in the study – the essence of financial stability reflects the state of financial resources and the degree of their use. Consequently, stability is also assessed through the balance of sources of flows of attracted financial resources, which are basic for the functioning of the bank and flows that determine the directions of use of such resources. The practical significance of the study is conditioned by the fact that the financial stability of a bank determines its ability to constantly develop, which is a gradual, dynamic movement in a competitive market within the framework of the chosen strategy.","PeriodicalId":127595,"journal":{"name":"Journal of Eastern European and Central Asian Research (JEECAR)","volume":"93 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141268037","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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