Pub Date : 2021-02-22DOI: 10.15408/ETK.V20I1.15231
N. I. Mohamad, Azman Ismail, Azmawaty Mohamad Nor
Mohamad, N. I., Ismail, A., & Nor, A. M. (2021). Relationship Between Managers’ Support and Training Application with Motivation to Learn as Mediator. Etikonomi, 20(1), 119 – 136. https://doi.org/10.15408/etk.v20i1.15231. Abstract This study aims to assess the association between managers’ support, motivation to learn, and training application. The survey method utilizes to collect data from employees at Central Government Agencies in Putrajaya, Malaysia. The SmartPLS was employed to evaluate the quality of survey questionnaire data and test the research hypotheses. SmartPLS path analysis model’s findings displayed that managers’ support affects training application by the mediation with motivation to learn. This finding provides essential recommendations that practitioners may use to understand different motivations to learn and formulate a training master plan that may inspire employees to maintain and accomplish their organizations’ strategies and goals in times of global competition and economic uncertainty.
穆罕默德,N. I,伊斯梅尔,A., & Nor, A. M.(2021)。以学习动机为中介的管理者支持与培训应用的关系中华医学杂志,20(1),119 - 136。https://doi.org/10.15408/etk.v20i1.15231。摘要本研究旨在评估经理人支持、学习动机与培训应用之间的关系。调查方法利用收集数据从中央政府机构在普特拉贾亚,马来西亚的雇员。采用SmartPLS来评价调查问卷数据的质量和检验研究假设。SmartPLS路径分析模型的研究结果显示,管理者的支持以学习动机为中介影响培训应用。这一发现提供了必要的建议,从业者可以用它来理解学习和制定培训总体计划的不同动机,这可能会激励员工在全球竞争和经济不确定的时代保持和完成组织的战略和目标。
{"title":"Relationship between Managers’ Support and Training Application with Motivation to Learn as Mediator","authors":"N. I. Mohamad, Azman Ismail, Azmawaty Mohamad Nor","doi":"10.15408/ETK.V20I1.15231","DOIUrl":"https://doi.org/10.15408/ETK.V20I1.15231","url":null,"abstract":"Mohamad, N. I., Ismail, A., & Nor, A. M. (2021). Relationship Between Managers’ Support and Training Application with Motivation to Learn as Mediator. Etikonomi, 20(1), 119 – 136. https://doi.org/10.15408/etk.v20i1.15231. Abstract This study aims to assess the association between managers’ support, motivation to learn, and training application. The survey method utilizes to collect data from employees at Central Government Agencies in Putrajaya, Malaysia. The SmartPLS was employed to evaluate the quality of survey questionnaire data and test the research hypotheses. SmartPLS path analysis model’s findings displayed that managers’ support affects training application by the mediation with motivation to learn. This finding provides essential recommendations that practitioners may use to understand different motivations to learn and formulate a training master plan that may inspire employees to maintain and accomplish their organizations’ strategies and goals in times of global competition and economic uncertainty.","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":"20 1","pages":"119-136"},"PeriodicalIF":0.8,"publicationDate":"2021-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42100817","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 : 2021-02-22DOI: 10.15408/ETK.V20I1.16177
Easmond Baah Nketia, Yusheng Kong
The paper scrutinized the correlation between financial development interaction with institutional quality and economic growth in Africa. The study adopted 30 different interactions. The study used the Augmented mean group estimation technique to estimate the model. Gross domestic savings/GDP and broad money/GDP positively influenced growth with the majority of interactions with institutional quality indicators. Credit to Private Sector/GDP interaction with Voice & Accountability; and Political Stability has a higher impact on growth than any interaction variable. However, government effectiveness, regulatory quality, and corruption control are weak in Africa; even if interacted with financial development indicators, it mostly reduces economic growth. This study recommends that governments in Africa strengthen financial development indicators; Bank Deposit/GDP, Gross Domestic Savings/GDP and Credit to private sector/GDP, and institutional quality indicator political stability & absence of violence since their interaction has proven to aid rapid economic growth . JEL Classification: E17, F62, F63 How to Cite: Nketia, E. B., & Kong, Y. (2021). Decipheting African Financial Development Interaction with Institutional Quality and Economic Growth Nexus. Etikonomi: Jurnal Ekonomi , 20(1), 23 – 44. https://doi.org/10.15408/etk.v20i1.16177.
{"title":"Deciphering African Financial Development Interaction With Institutional Quality And Economic Growth Nexus","authors":"Easmond Baah Nketia, Yusheng Kong","doi":"10.15408/ETK.V20I1.16177","DOIUrl":"https://doi.org/10.15408/ETK.V20I1.16177","url":null,"abstract":"The paper scrutinized the correlation between financial development interaction with institutional quality and economic growth in Africa. The study adopted 30 different interactions. The study used the Augmented mean group estimation technique to estimate the model. Gross domestic savings/GDP and broad money/GDP positively influenced growth with the majority of interactions with institutional quality indicators. Credit to Private Sector/GDP interaction with Voice & Accountability; and Political Stability has a higher impact on growth than any interaction variable. However, government effectiveness, regulatory quality, and corruption control are weak in Africa; even if interacted with financial development indicators, it mostly reduces economic growth. This study recommends that governments in Africa strengthen financial development indicators; Bank Deposit/GDP, Gross Domestic Savings/GDP and Credit to private sector/GDP, and institutional quality indicator political stability & absence of violence since their interaction has proven to aid rapid economic growth . JEL Classification: E17, F62, F63 How to Cite: Nketia, E. B., & Kong, Y. (2021). Decipheting African Financial Development Interaction with Institutional Quality and Economic Growth Nexus. Etikonomi: Jurnal Ekonomi , 20(1), 23 – 44. https://doi.org/10.15408/etk.v20i1.16177.","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":"20 1","pages":"23-44"},"PeriodicalIF":0.8,"publicationDate":"2021-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49207135","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 : 2021-02-22DOI: 10.15408/ETK.V20I1.15908
Benjamin Korankye, Zuezhou Wen, Michael Appiah, L. Antwi
This study aims to find out the connections between financial development, economic growth, and poverty using panel data from 1985 to 2017 in fourteen African countries that many previous researchers ignore. The study deploys a dynamic Granger causality test to trace the nexus between financial development, economic growth, and poverty reduction in Africa in the long run. First, the upshots suggest a gross domestic product, gross capital formation, price of household consumption, and government expenditure substantially impacting poverty. Besides that, the result also shows a bi-directional in the long run using a PMG estimator. The findings broadly support the view that there is a stable, short-run relationship between financial development, economic growth, and poverty in the error correction terms. However, other variables show no causal relationship in the short run. In practicality, this study suggested some policy implications and supported governmental policies to reduce economic hardship on financial institutions . JEL Classification: G10, O47, I39, C33 How to Cite: Korankye, B., Wen, X., Appiah, M., & Antwi, L. (2021). The Nexus Between Financial Development, Economic Growth, and Poverty Alleviation: PMG-ARDL Estimation. Etikonomi: Jurnal Ekonomi , 20(1), 1 – 12. https://doi.org/10.15408/etk.v20i1.15908.
{"title":"The Nexus Between Financial Development, Economic Growth and Poverty Alleviation: PMG-ARDL Estimation","authors":"Benjamin Korankye, Zuezhou Wen, Michael Appiah, L. Antwi","doi":"10.15408/ETK.V20I1.15908","DOIUrl":"https://doi.org/10.15408/ETK.V20I1.15908","url":null,"abstract":"This study aims to find out the connections between financial development, economic growth, and poverty using panel data from 1985 to 2017 in fourteen African countries that many previous researchers ignore. The study deploys a dynamic Granger causality test to trace the nexus between financial development, economic growth, and poverty reduction in Africa in the long run. First, the upshots suggest a gross domestic product, gross capital formation, price of household consumption, and government expenditure substantially impacting poverty. Besides that, the result also shows a bi-directional in the long run using a PMG estimator. The findings broadly support the view that there is a stable, short-run relationship between financial development, economic growth, and poverty in the error correction terms. However, other variables show no causal relationship in the short run. In practicality, this study suggested some policy implications and supported governmental policies to reduce economic hardship on financial institutions . JEL Classification: G10, O47, I39, C33 How to Cite: Korankye, B., Wen, X., Appiah, M., & Antwi, L. (2021). The Nexus Between Financial Development, Economic Growth, and Poverty Alleviation: PMG-ARDL Estimation. Etikonomi: Jurnal Ekonomi , 20(1), 1 – 12. https://doi.org/10.15408/etk.v20i1.15908.","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":"20 1","pages":"1-12"},"PeriodicalIF":0.8,"publicationDate":"2021-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46288843","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 : 2021-02-22DOI: 10.15408/ETK.V20I1.17614
Umer Ilyas, Mattiullah Butt, M. Gulzar
Ilyas, U., Ullah, M., & Gulzar, M. (2021). Exploring Philosophy of Co-Movements Between Stocks and Macroeconomic Variables. Etikonomi, 20(1), 67 – 76. https://doi.org/10.15408/etk.v20i1.17614. Abstract This study’s background is to explore how significant are macroeconomic variables (MEV) in explaining stock movements in the developing economy for every sector and each firm of those sectors. To overcome the deficiencies of traditional index base studies, which provide only cumulative impact and response of MEV and Stock movements, fill the gap of existing literature that is not available for all Pakistan stock exchange (PSX). Panel ARDL Model with Co-Integration is using to achieve this objective. The results show that the overall sector response for changing independent variables was different from the firms from the same sectors in many cases. These results show superiority over the conventional method of using a stock index as the dependent variable, which shows only cumulative response, which was not comprehensive for taking the right portfolio and designing policy for economic development. This study has general applicability to developing economies.
Ilyas, U, Ullah, M., & Gulzar, M.(2021)。探索股票与宏观经济变量共同运动的哲学。中华医学杂志,20(1),67 - 76。https://doi.org/10.15408/etk.v20i1.17614。摘要本研究的背景是探讨宏观经济变量(MEV)在解释发展中经济体中每个部门和这些部门的每个公司的股票变动方面的重要性。为了克服传统的指数基研究仅提供MEV和股票运动的累积影响和反应的不足,填补了现有文献无法用于所有巴基斯坦证券交易所(PSX)的空白。使用协整面板ARDL模型来实现这一目标。结果表明,在许多情况下,行业对自变量变化的总体反应与来自同一行业的企业不同。这些结果较传统的以股票指数作为因变量的方法具有明显的优越性,因为传统的方法只显示了累积反应,对于经济发展的正确投资组合和政策设计并不全面。这项研究普遍适用于发展中经济体。
{"title":"Exploring Philosophy of Co-Movements Between Stocks and Macroeconomic Variables","authors":"Umer Ilyas, Mattiullah Butt, M. Gulzar","doi":"10.15408/ETK.V20I1.17614","DOIUrl":"https://doi.org/10.15408/ETK.V20I1.17614","url":null,"abstract":"Ilyas, U., Ullah, M., & Gulzar, M. (2021). Exploring Philosophy of Co-Movements Between Stocks and Macroeconomic Variables. Etikonomi, 20(1), 67 – 76. https://doi.org/10.15408/etk.v20i1.17614. Abstract This study’s background is to explore how significant are macroeconomic variables (MEV) in explaining stock movements in the developing economy for every sector and each firm of those sectors. To overcome the deficiencies of traditional index base studies, which provide only cumulative impact and response of MEV and Stock movements, fill the gap of existing literature that is not available for all Pakistan stock exchange (PSX). Panel ARDL Model with Co-Integration is using to achieve this objective. The results show that the overall sector response for changing independent variables was different from the firms from the same sectors in many cases. These results show superiority over the conventional method of using a stock index as the dependent variable, which shows only cumulative response, which was not comprehensive for taking the right portfolio and designing policy for economic development. This study has general applicability to developing economies.","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":"20 1","pages":"67-76"},"PeriodicalIF":0.8,"publicationDate":"2021-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43453068","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 : 2021-02-22DOI: 10.15408/ETK.V20I1.15275
M. N. Baloch, Asif Hussain Samo, A. Bhatti, Moomal Baig Bhughio, Sheza Zeb
Gender-based stereotypes have hampered gender equality in the workplace opportunities, and females face identity crises and labeling by their coworkers, which mitigates their chances to climb on the ladder of Leadership. This study strived to explore female coworkers' perceived identity and the transformation in that perception when those females become leaders and the role of stereotypical thinking in it. With the qualitative approach, this study used case study methods. This research collects the data through nineteen in-depth interviews from private companies, and a framework developed using thematic analysis. The results revealed that employees positively perceive their female coworkers, but they are perceived with stereotypes and negativity when they become their leaders. Organizations need to initiate grooming programs when they promote females for harmony and a productive environment. JEL Classification: M10, M54 How to Cite: Baloch, M. N., Samo, A. H., Bhatti, A. A., Bhughio, M. B., & Zeb, S. (2021). Position and Prejudice: Exploring the Stereotypical Transformation of Female Identity at Workplace. Etikonomi , 20 (1), 137 – 152. https://doi.org/10.15408/etk.v20i1.15275.
基于性别的刻板印象阻碍了职场中的性别平等机会,女性面临着身份危机和同事的标签,这降低了她们攀登领导阶梯的机会。本研究旨在探讨女性同事的身份认知,以及当她们成为领导者时,这种认知的转变,以及刻板印象思维在其中的作用。本研究采用个案研究方法,采用定性研究方法。本研究通过19个私营公司的深度访谈收集数据,并使用主题分析开发了一个框架。结果显示,员工对女同事的看法是积极的,但当她们成为领导时,他们会被认为是刻板印象和消极的。当组织想要促进女性和谐和富有成效的环境时,就需要启动梳理计划。如何引用:Baloch, M. N, Samo, A. H, Bhatti, A. A., Bhughio, M. B., & Zeb, S.(2021)。地位与偏见:探讨职场女性身份的刻板转变。中华医学杂志,20(1),137 - 152。https://doi.org/10.15408/etk.v20i1.15275。
{"title":"Position and Prejudice: Exploring the Stereotypical Transformation of Female Identity at Workplace","authors":"M. N. Baloch, Asif Hussain Samo, A. Bhatti, Moomal Baig Bhughio, Sheza Zeb","doi":"10.15408/ETK.V20I1.15275","DOIUrl":"https://doi.org/10.15408/ETK.V20I1.15275","url":null,"abstract":"Gender-based stereotypes have hampered gender equality in the workplace opportunities, and females face identity crises and labeling by their coworkers, which mitigates their chances to climb on the ladder of Leadership. This study strived to explore female coworkers' perceived identity and the transformation in that perception when those females become leaders and the role of stereotypical thinking in it. With the qualitative approach, this study used case study methods. This research collects the data through nineteen in-depth interviews from private companies, and a framework developed using thematic analysis. The results revealed that employees positively perceive their female coworkers, but they are perceived with stereotypes and negativity when they become their leaders. Organizations need to initiate grooming programs when they promote females for harmony and a productive environment. JEL Classification: M10, M54 How to Cite: Baloch, M. N., Samo, A. H., Bhatti, A. A., Bhughio, M. B., & Zeb, S. (2021). Position and Prejudice: Exploring the Stereotypical Transformation of Female Identity at Workplace. Etikonomi , 20 (1), 137 – 152. https://doi.org/10.15408/etk.v20i1.15275.","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":"20 1","pages":"137-152"},"PeriodicalIF":0.8,"publicationDate":"2021-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42168111","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 : 2021-02-22DOI: 10.15408/ETK.V20I1.17325
M. AsadUllah, M. Hassan, Z. Siddiqui
The purpose of this study is to examine the determinants of profitability of Takaful Insurance and Non-Takaful Insurance companies under the tenure of pre, during, and post-financial crisis. The stimulus of this study was the absence of research on this topic. The profitability is measured using Return on Assets whereas macro-economic variables i.e. GDP and Inflation and industry-specific variables i.e. Liquidity, Leverage, and Size are used as independent variables. Panel regression results indicated that macro-economic variables had an insignificant impact on the profitability of the Insurance sector under all three phases, whereas industry-specific variables have a miscellaneous impact on profitability. Takaful insurance companies have better liquidity management than the Non-Takaful insurance companies under post-economic crisis tenure too as they get better returns in terms of profitability. It is concluded that insurance companies’ sectors i.e. Takaful-insurance companies and Non-Takaful Insurance companies should emphasize their internal or industry-specific indicators for their stability. JEL Classification: H8, F0, L1, M2 How to Cite: AsadUllah, M., Hassan, M., & Siddiqui, Z. A. (2021). Comparison of Takaful and Non-Takaful Insurance Companies of Pakistan: Under Pre, During, and Post Economic Crisis 2008 . Etikonomi , 20 (1), 201 – 212. https://doi.org/10.15408/etk.v20i117325.
{"title":"Comparison of Takaful & Non-Takaful Insurance Companies of Pakistan Under Pre, During & Post Economic Crisis 2008","authors":"M. AsadUllah, M. Hassan, Z. Siddiqui","doi":"10.15408/ETK.V20I1.17325","DOIUrl":"https://doi.org/10.15408/ETK.V20I1.17325","url":null,"abstract":"The purpose of this study is to examine the determinants of profitability of Takaful Insurance and Non-Takaful Insurance companies under the tenure of pre, during, and post-financial crisis. The stimulus of this study was the absence of research on this topic. The profitability is measured using Return on Assets whereas macro-economic variables i.e. GDP and Inflation and industry-specific variables i.e. Liquidity, Leverage, and Size are used as independent variables. Panel regression results indicated that macro-economic variables had an insignificant impact on the profitability of the Insurance sector under all three phases, whereas industry-specific variables have a miscellaneous impact on profitability. Takaful insurance companies have better liquidity management than the Non-Takaful insurance companies under post-economic crisis tenure too as they get better returns in terms of profitability. It is concluded that insurance companies’ sectors i.e. Takaful-insurance companies and Non-Takaful Insurance companies should emphasize their internal or industry-specific indicators for their stability. JEL Classification: H8, F0, L1, M2 How to Cite: AsadUllah, M., Hassan, M., & Siddiqui, Z. A. (2021). Comparison of Takaful and Non-Takaful Insurance Companies of Pakistan: Under Pre, During, and Post Economic Crisis 2008 . Etikonomi , 20 (1), 201 – 212. https://doi.org/10.15408/etk.v20i117325.","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":"20 1","pages":"201-212"},"PeriodicalIF":0.8,"publicationDate":"2021-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45847073","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 : 2021-02-22DOI: 10.15408/ETK.V20I1.16870
A. Irawan, Halim Alamsyah
The pandemic of COVID-19 predicts can create a global economic crisis include Indonesia. This paper aimed to answer the first question: how the transmission process from a pandemic became an economic crisis; Second, what macroeconomic policies should take to recover the economic crisis of the COVID-19 pandemic; third, what non-economic measures must consider confirming the macroeconomic policies achieved its target. Using 32 references in the literature review process, we tried to find out the answers to this study's questions. This study recommended that the measures for containment of the virus spread and the execution of fiscal and monetary stimulus should be coordinate internationally among countries and territories. JEL Classification: E60, E66 How to Cite: Irawan, A., & Alamsyah, H. (2021). The Covid-19’s Economic Crisis and Its Solution: A Literature Review. Etikonomi , 20 (1), 77 – 92. https://doi.org/10.15408/etk.v20i1.16870.
{"title":"The COVID-19's Economic Crisis and Its Solutions: A Literature Review","authors":"A. Irawan, Halim Alamsyah","doi":"10.15408/ETK.V20I1.16870","DOIUrl":"https://doi.org/10.15408/ETK.V20I1.16870","url":null,"abstract":"The pandemic of COVID-19 predicts can create a global economic crisis include Indonesia. This paper aimed to answer the first question: how the transmission process from a pandemic became an economic crisis; Second, what macroeconomic policies should take to recover the economic crisis of the COVID-19 pandemic; third, what non-economic measures must consider confirming the macroeconomic policies achieved its target. Using 32 references in the literature review process, we tried to find out the answers to this study's questions. This study recommended that the measures for containment of the virus spread and the execution of fiscal and monetary stimulus should be coordinate internationally among countries and territories. JEL Classification: E60, E66 How to Cite: Irawan, A., & Alamsyah, H. (2021). The Covid-19’s Economic Crisis and Its Solution: A Literature Review. Etikonomi , 20 (1), 77 – 92. https://doi.org/10.15408/etk.v20i1.16870.","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":"20 1","pages":"77-92"},"PeriodicalIF":0.8,"publicationDate":"2021-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43229784","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 : 2021-02-22DOI: 10.15408/ETK.V20I1.16911
Abderahman Rejeb, Karim Rejeb, John G. Keogh
The focus on cryptocurrencies in the finance and banking sectors is gaining momentum. In this paper, we investigate the role of cryptocurrencies in modern finance. We apply a narrative literature review method to synthesize prior research and draw insights into the opportunities and challenges of leveraging cryptocurrencies. The results indicate that cryptocurrencies offer businesses and individuals’ lower transaction costs, higher efficiencies, increased security and privacy, meaningful diversification benefits, alternative financing solutions, and financial inclusion. Challenges exist related to the integration of cryptocurrencies in modern finance. These include the lack of regulatory standards, the risk of criminal activity, high energy and environmental costs, regulatory bans and usage restrictions, security and privacy concerns, and the high volatility of cryptocurrencies. The current review is useful for scholars and managers, including those seeking to have a more balanced understanding of these emerging financial instruments. JEL Classification: E42, F30, F65, G21, G23 How to Cite: Rejeb, A., Rejeb, K., & Keogh, J. G. (2021). Cryptocurrencies in Modern Finance: a Literature Review. Etikonomi , 20(1), 93 – 118. https://doi.org/10.15408/etk.v20i1.16911.
{"title":"Cryptocurrencies in Modern Finance: A Literature Review","authors":"Abderahman Rejeb, Karim Rejeb, John G. Keogh","doi":"10.15408/ETK.V20I1.16911","DOIUrl":"https://doi.org/10.15408/ETK.V20I1.16911","url":null,"abstract":"The focus on cryptocurrencies in the finance and banking sectors is gaining momentum. In this paper, we investigate the role of cryptocurrencies in modern finance. We apply a narrative literature review method to synthesize prior research and draw insights into the opportunities and challenges of leveraging cryptocurrencies. The results indicate that cryptocurrencies offer businesses and individuals’ lower transaction costs, higher efficiencies, increased security and privacy, meaningful diversification benefits, alternative financing solutions, and financial inclusion. Challenges exist related to the integration of cryptocurrencies in modern finance. These include the lack of regulatory standards, the risk of criminal activity, high energy and environmental costs, regulatory bans and usage restrictions, security and privacy concerns, and the high volatility of cryptocurrencies. The current review is useful for scholars and managers, including those seeking to have a more balanced understanding of these emerging financial instruments. JEL Classification: E42, F30, F65, G21, G23 How to Cite: Rejeb, A., Rejeb, K., & Keogh, J. G. (2021). Cryptocurrencies in Modern Finance: a Literature Review. Etikonomi , 20(1), 93 – 118. https://doi.org/10.15408/etk.v20i1.16911.","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":"20 1","pages":"93-118"},"PeriodicalIF":0.8,"publicationDate":"2021-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48707425","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 : 2020-10-08DOI: 10.15408/ETK.V19I2.15080
Agustina Maulidar, M. Majid
The purpose of this study is to examine and analyze the influence of the implementation of Good Corporate Governance principles and financing risk management on the Islamic banks' performance in Indonesia over the 2010-2019 period. 11 full-pledge Islamic Banks (BUS) was selected as the study sample using the purposive sampling technique and analyzed using the panel multiple regression techniques. The study found that Good Corporate Governance (GCG) and Financing to Deposit Ratio (FDR) positively influence the Islamic banks' performance. In contrast, Non-Performing Financing (NPF) has a negative influence on Islamic banks' performance. These findings imply that to promote the performance further, the Islamic banks should enhance the implementation of GCG principles and minimize NPF by improving financing risk management and enhance their financing by allocating their existing funds to the bankable and productive economic sectors. JEL Classification : G21, G34 How to Cite: Maulidar, A., & Majid, M. S. A. (2020). Do Good Corporate Governance and Financing Risk Management Matter for Islamic Banks’ Performance in Indonesia?. Etikonomi: Jurnal Ekonomi , 19(2), xx – xx. https://doi.org/10.15408/etk.v19i2.15080.
本研究的目的是检查和分析2010-2019年期间印度尼西亚实施良好公司治理原则和融资风险管理对伊斯兰银行业绩的影响。采用有目的抽样技术选取11家全质押伊斯兰银行作为研究样本,采用面板多元回归技术进行分析。研究发现,良好的公司治理(GCG)和融资与存款比率(FDR)对伊斯兰银行的业绩有积极影响。相反,不良融资(NPF)对伊斯兰银行的绩效有负面影响。这些发现表明,要进一步提高绩效,伊斯兰银行应加强GCG原则的实施,通过改善融资风险管理来最大限度地减少NPF,并通过将现有资金分配给可融资和生产性经济部门来加强融资。JEL分类:G21, G34如何引用:Maulidar, A., & Majid, m.s. A.(2020)。良好的公司治理和融资风险管理对印尼伊斯兰银行的业绩重要吗?经济学报,19(2),xx - xx。https://doi.org/10.15408/etk.v19i2.15080。
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Pub Date : 2020-10-08DOI: 10.15408/ETK.V19I2.16270
Ruspita Rani Pertiwi, J. H. Tjakraatmadja, Hary Febriansyah
This conceptual paper aims to develop an integrated organizational performance model. The analysis will focus on the role of organizational management variables using Indonesian Islamic banking as a case study and features a correlation between how they manage their performance. The model developed in this paper uses a conceptualization phase adapted from Dubin's theory-building method. The conceptualization phase formed through interviews, observations, written expert experiences, and research publications. The finding proposes a conceptual framework that has the potential to boost organization performance by pay attention to how to bring together service innovation, knowledge management capability, and human capital drivers in such a model. The findings provide valuable insights for organizations into non-financial variables' role and the importance of organizational management variables in improving organizational performance, which could help them in (re-) align their management practices and formulating strategies for Indonesian Islamic banking. JEL Classification: L2, L8 How to Cite: Pertiwi, R. R. (2020). Indonesian Islamic Banking Performance: A Conceptual Framework. Etikonomi: Jurnal Ekonomi , 19(2), xx – xx. https://doi.org/10.15408/etk.v19i2.16270.
{"title":"Indonesian Islamic Banking Performance: a Conceptual Framework","authors":"Ruspita Rani Pertiwi, J. H. Tjakraatmadja, Hary Febriansyah","doi":"10.15408/ETK.V19I2.16270","DOIUrl":"https://doi.org/10.15408/ETK.V19I2.16270","url":null,"abstract":"This conceptual paper aims to develop an integrated organizational performance model. The analysis will focus on the role of organizational management variables using Indonesian Islamic banking as a case study and features a correlation between how they manage their performance. The model developed in this paper uses a conceptualization phase adapted from Dubin's theory-building method. The conceptualization phase formed through interviews, observations, written expert experiences, and research publications. The finding proposes a conceptual framework that has the potential to boost organization performance by pay attention to how to bring together service innovation, knowledge management capability, and human capital drivers in such a model. The findings provide valuable insights for organizations into non-financial variables' role and the importance of organizational management variables in improving organizational performance, which could help them in (re-) align their management practices and formulating strategies for Indonesian Islamic banking. JEL Classification: L2, L8 How to Cite: Pertiwi, R. R. (2020). Indonesian Islamic Banking Performance: A Conceptual Framework. Etikonomi: Jurnal Ekonomi , 19(2), xx – xx. https://doi.org/10.15408/etk.v19i2.16270.","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2020-10-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49426779","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}