Mahnaz Asgari Sooran, Hamed Tayebi and Sadoullah Ebrahimnejad
The purpose of this study is to investigate a joint economic lot-size model with the possibility of cofinancing between members of a three-echelon supply chain (SC) including one…
Abstract
Purpose
The purpose of this study is to investigate a joint economic lot-size model with the possibility of cofinancing between members of a three-echelon supply chain (SC) including one supplier, one manufacture and one retailer. Given the differences in credit as well as differences in access to capital markets, SC members will be able to create a financial alliance to maximize the profits of each member. This study proposed a model to maximize the annuity stream of the SC by considering the financial interaction between SC members.
Design/methodology/approach
This joint economic lot-sizing problem was described and modeled mathematically. To evaluate the mathematical model, different scenarios were considered with (and without) the possibility of financial interaction.
Findings
It is suggested that, in addition to the goods and information flow among SC members, proper financial flow can also have an impact on the improvement of SC performance.
Originality/value
While previous studies consider cofinancing between members of a two-echelon SC, this paper considers a three-echelon SC including one supplier, one manufacturer and one retailer where financial cooperation between different levels of the SC in both upstream and reverse directions will be possible.
Details
Keywords
Jasmine Alam, Mustapha Ibn Boamah and Yuheng Liu
This study aims to investigate the relationship between a commercial bank’s micro-loaning activity and overall performance over a 10-year period.
Abstract
Purpose
This study aims to investigate the relationship between a commercial bank’s micro-loaning activity and overall performance over a 10-year period.
Design/methodology/approach
Quarterly data was obtained from the Wind Database, China Minsheng Banks’s official annual reports and annual corporate social responsibility reports from 2009 to 2019, to test the linear relationship between micro-loan activities and the overall financial performance of the bank.
Findings
The results of this study empirically demonstrate that there is a positive relationship between increases in micro-loaning activity and the overall performance of the bank. Some key recommendations for the sector are shared in the conclusion of this paper.
Originality/value
In the financial sector, some corporate social responsibility activities focus on the issuance of micro-loans. It is unclear, however, if this has also served as a means to increase profitability and overall performance for such institutions.