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Article
Publication date: 24 June 2024

Tooba Akram, Naveed Muhammad and Suresh RamaKrishnan

This study aims to review financial inclusion as a catalyst to reduce financial scams and frauds faced by women in the five largest US states by population and proposed measures…

Abstract

Purpose

This study aims to review financial inclusion as a catalyst to reduce financial scams and frauds faced by women in the five largest US states by population and proposed measures encouraging women’s financial safety.

Design/methodology/approach

Recognizing the unique socioeconomic landscape, the study seeks responses through a survey questionnaire from 4,113 women respondents analyzed by using a basic mixed-methods approach, including quantitative surveys analyzed through SPSS and qualitative short interviews thematically analyzed by using Nvivo.

Findings

The review results show that 94% of women believe that financial inclusion can protect them from scams and fraud. Also, it has been observed that financial crimes disproportionately affect women, often stemming from a desire to conceal such activities from close family members and partners. Older women, housewives and those from financially depressed areas need more financial inclusion plans to curb financial fraud.

Social implications

The proposed measures may have positive social and economic implications on the females residing in the financially depressed areas.

Originality/value

The study represents the authors’ original contribution, examining the role of financial inclusion in preventing women from engaging in financial crimes.

Details

Journal of Financial Crime, vol. 32 no. 2
Type: Research Article
ISSN: 1359-0790

Keywords

Open Access
Article
Publication date: 4 July 2023

Stutee Mohanty, B.C.M. Patnaik, Ipseeta Satpathy and Suresh Kumar Sahoo

This paper aims to identify, examine, and present an empirical research design of behavioral finance of potential investors during Covid-19.

18173

Abstract

Purpose

This paper aims to identify, examine, and present an empirical research design of behavioral finance of potential investors during Covid-19.

Design/methodology/approach

A well-structured questionnaire was designed; a survey was conducted among potential investors using convenience sampling, and 200 valid responses were collected. The research work uses multiple regression and discriminant function analysis to evaluate the influence of cognitive factors on the financial decision-making of investors.

Findings

Recency and familiarity bias are proven to have the highest significant impact on the financial decisions of investors followed by confirmation bias. Overconfidence bias had a negligible effect on the decision-making process of the respondents and found insignificant.

Research limitations/implications

Covid-19 is a temporary phase that may lead to changes in financial behavior and investors’ decisions in the near future.

Practical implications

The paper will help academicians, scholars, analysts, practitioners, policymakers and firms dealing with capital markets to execute their job responsibilities with respect to the cognitive bias in terms of taking financial decisions.

Originality/value

The present investigation attempts to fill the gap in the literature on the intended topic because it is evident from literature on the chosen subject that no study has been undertaken to evaluate the impact of cognitive biases on financial behavior of investors during Covid-19.

Details

Arab Gulf Journal of Scientific Research, vol. 42 no. 3
Type: Research Article
ISSN: 1985-9899

Keywords

Article
Publication date: 15 September 2023

Ruth Ben-Yashar and Miriam Krausz

This study aims to develop a theoretical model that uses the decision-making theory in a financial intermediation setting to provide insights into the differences between the…

Abstract

Purpose

This study aims to develop a theoretical model that uses the decision-making theory in a financial intermediation setting to provide insights into the differences between the outcomes of the decision-making process for a bank and for a peer-to-peer (p2p) lending platform to explain the role of p2p lending versus bank lending in the credit market.

Design/methodology/approach

This study develops a novel approach to explaining the differences between p2p lending and bank lending by using the decision-making theory. In particular, it analyzes the likelihood of a risky borrower being able to obtain a loan from a p2p lending platform versus the likelihood of being able to obtain a loan from a bank. The results contribute a theoretical understanding of factors that can determine the role of p2p lending platforms versus that of banks in the credit market, with implications for recovery from an economic crisis.

Findings

p2p lending platforms have the potential for contributing to economic recovery when they are subject to less regulations and are able to offer a faster and less costly lending process than do banks and when they are used by a large number of lenders. However, the potential role of p2p lending platforms in recovery might be reduced when banks have access to anticyclical measures that reduce banks’ capital requirements or provide them with low-cost funds.

Originality/value

This study provides a novel approach to explaining the differences between p2p lending and bank lending by using the decision-making theory. The results contribute a theoretical understanding of factors that can determine the role of p2p lending platforms versus that of banks in the credit market.

Details

Studies in Economics and Finance, vol. 41 no. 4
Type: Research Article
ISSN: 1086-7376

Keywords

Article
Publication date: 8 November 2023

Mahfooz Alam, Shakeb Akhtar and Mamdouh Abdulaziz Saleh Al-Faryan

This paper aims to investigate the role of corporate governance on the bank profitability of Indian banks vis-à-vis South Asian Association for Regional Cooperation (SAARC…

Abstract

Purpose

This paper aims to investigate the role of corporate governance on the bank profitability of Indian banks vis-à-vis South Asian Association for Regional Cooperation (SAARC) nations.

Design/methodology/approach

For the Corporate Governance Index, the authors examined board accountability, transparency and disclosure and audit committee, while Tobin’s Q, return on equity and return on assets are used to measure the bank’s profitability. The study used a two-stage analysis based on balanced panel data for robust findings. Sample of this study consists of 60 commercial banks from India and 60 banks from SAARC nations for the period of 2009–2021. This study used panel regression and a generalized method of moment approach using the CAMELS framework on banking industry-specific variables to determine their respective impacts.

Findings

The findings of this study suggest that board accountability is positive and significantly affects the profitability of banks as indicated by return on assets, return on equity and Tobin’s Q. In contrast, the audit committee has a positive and insignificant impact on return on assets, return on equity and Tobin’s Q, while transparency and disclosure have a negative and significant impact on these metrics. Furthermore, the country dummy result shows a significant positive impact on all the bank performance parameters, implying that Indian banks have the highest degree of convergence with corporate governance as compared to other SAARC nations.

Research limitations/implications

This study provides insight to the regulators, policymakers and financial institutions to evaluate the role of corporate governance in emerging economies. However, the findings of the study should be interpreted with caution, as the results are sensitive to the disparity between India and other SAARC nations' government policies, climatic circumstances and cultural or religious traditions.

Originality/value

To the best of the authors’ knowledge, this is the first attempt to gauge the performance of Indian banks vis-à-vis SAARC nations using the CAMELS framework approach. Further, findings of this study suggest some novel evidence tying corporate governance quality with the profitability of banks among SAARC nations.

Details

Corporate Governance: The International Journal of Business in Society, vol. 24 no. 4
Type: Research Article
ISSN: 1472-0701

Keywords

Article
Publication date: 12 April 2024

Mandeep Singh, Deepak Bhandari and Khushdeep Goyal

The purpose of this paper is to examine the mechanical characteristics and optimization of wear parameters of hybrid (TiO2 + Y2O3) nanoparticles with Al matrix using squeeze…

Abstract

Purpose

The purpose of this paper is to examine the mechanical characteristics and optimization of wear parameters of hybrid (TiO2 + Y2O3) nanoparticles with Al matrix using squeeze casting technique.

Design/methodology/approach

The hybrid aluminium matrix nanocomposites (HAMNCs) were fabricated with varying concentrations of titanium oxide (TiO2) and yttrium oxide (Y2O3), from 2.5 to 10 Wt.% in 2.5 Wt.% increments. Dry sliding wear test variables were optimized using the Taguchi method.

Findings

The introduction of hybrid nanoparticles in the aluminium (Al) matrix was evenly distributed in contrast to the base matrix. HAMNC6 (5 Wt.% TiO2 + 5 Wt.% Y2O3) reported the maximum enhancement in mechanical properties (tensile strength, flexural strength, impact strength and density) and decrease in porosity% and elongation% among other HAMNCs. The results showed that the optimal combination of parameters to achieve the lowest wear rate was A3B3C1, or 15 N load, 1.5 m/s sliding velocity and 200 m sliding distance. The sliding distance showed the greatest effect on the dry sliding wear rate of HAMNC6 followed by applied load and sliding velocity. The fractured surfaces of the tensile sample showed traces of cracking as well as substantial craters with fine dimples and the wear worn surfaces were caused by abrasion, cracks and delamination of HAMNC6.

Originality/value

Squeeze-cast Al-reinforced hybrid (TiO2+Y2O3) nanoparticles have been investigated for their impact on mechanical properties and optimization of wear parameters.

Details

World Journal of Engineering, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1708-5284

Keywords

Article
Publication date: 27 September 2024

Malak Hamade, Khaled Hussainey and Khaldoon Albitar

This systematic review aims to comprehensively explore the existing literature on the use of corporate communication within the realm of social media.

407

Abstract

Purpose

This systematic review aims to comprehensively explore the existing literature on the use of corporate communication within the realm of social media.

Design/methodology/approach

A total of 136 peer-reviewed journal articles are explored and analysed using both performance and bibliometric analysis.

Findings

This review identifies five main findings: (1) trends in corporate social media research that highlight the growth trajectory of research on social media use for corporate disclosure, (2) geographical coverage of studies indicating the concentration of research in certain regions, such as the USA, followed by China and the UK, with notable gaps in others, such as developing countries, (3) theoretical frameworks employed demonstrate that various theoretical frameworks are utilized, although a significant portion of the studies do not specify any theoretical underpinning, (4) social media platforms studied, confirming Twitter to be the most studied channel followed by Facebook and (5) thematic analysis of articles on disclosure type that categorized the articles using bibliometric analysis into five themes of disclosure: general disclosure, corporate social responsibility-related information, financial information, CEO announcements and strategic news communication. A subsequent cross-theme analysis classifies disclosure determinants and consequences of corporate social media usage.

Originality/value

Through a comprehensive and systematic analysis of existing research, this review offers novel insights into the current state of corporate communication on social media. It consolidates current knowledge, highlights under-explored areas in the existing literature and proposes new directions and potential avenues for future research.

Details

Journal of Accounting Literature, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0737-4607

Keywords

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