scholarly journals Is Religion a Determinant of Financial Development?

Author(s):  
Emmanuel Amissah ◽  
Katarzyna Świerczyńska

AbstractStudies on the determinants of financial development have been silent on the role of religion. Growing evidence in the literature about how financial development positively affects economic growth and development highlights a greater interest in understanding the determinants of financial development. Despite the growing interest in this direction, less focus has been given to the role of religion in financial development. Using data from the World Values Survey, this study explores the relationship between finance and religion. In this study, finance is modelled through different measures of financial development and religion is represented by the intensity of religiosity. Results showed that on average there is a significant negative relationship. Subsequent analysis showed that as countries become financially developed, this negative relationship becomes insignificant. The quantile regression technique was employed to capture the nature of the relationship at different levels. The analysis showed that as countries become financially developed, the negative relationship becomes insignificant to financial development. These results account for some of the differences in the level of financial development between developed and developing countries where the latter tend to be more religious than the former.

Author(s):  
Roman Fiala ◽  
Martin Prokop ◽  
Iva Živělová

The article deals with an investigation of the relationship between inter-organizational trust and performance. Using data obtained in a questionnaire survey in 373 organizations with more than 20 employees with their seat in the Czech Republic, we found the relationship between inter-organizational trust and supplier performance, mediated by the level of conflict. Also, the statistically significant negative relationship between inter-organizational trust and costs of negotiation and the statistically significant positive relationship between supplier performance and perceived performance were confirmed. The hypothesis on the statistically significant relationship between inter-organizational trust and negotiating costs was not confirmed. The structural equation modelling technique was used in the calculations. The calculated model fit indices (CFI, NFI, NNFI) with values over 0.9 demonstrate a very good quality of the model.


2017 ◽  
Vol 39 (7) ◽  
pp. 1904-1932 ◽  
Author(s):  
Andrea K. Henderson ◽  
Christopher G. Ellison ◽  
Norval D. Glenn

Despite research on religion and marriage, little is known about the role of religion in the relationships of nonmarried couples. This study addresses two questions: (a) Do various dimensions of religious involvement—shared religious beliefs, affiliation and attendance, and theistic sanctification—influence the relationship satisfaction and marital expectations of dating and cohabiting individuals? (b) Is the association mediated by positive and negative relationship behaviors by the respondent and/or partner? We investigate these questions using the National Survey of Religion and Family Life, a nationwide sample of working-age adults, aged 18 to 59 years ( n = 468) with oversamples of African Americans and Latinos. Various dimensions of religious involvement are positively associated with the relationship satisfaction and expectations to marry among nonmarried individuals. Positive and negative relationship behaviors slightly diminish the link between religion and (a) relationship satisfaction and (b) expectations of marriage. Several implications and promising directions for future research are discussed.


2019 ◽  
Vol 22 (02) ◽  
pp. 1950009 ◽  
Author(s):  
Elya Nabila Abdul Bahri ◽  
Abu Hassan Shaari Md Nor ◽  
Tamat Sarmidi ◽  
Nor Hakimah Haji Mohd Nor

Financial development is recognized as an absorptive capacity in the relationship between foreign direct investment (FDI) and economic growth. Therefore, FDI effect on economic growth is contingent with the level of financial development. However, existing studies also show that financial development dampens economic growth through the “too much finance harms economic growth” hypothesis. Hence, there is a question of how far financial development should be developed to optimize the benefits of FDI on economic growth. The novelty of this study is that it reexamines the role of financial development in FDI-growth relationship by including the interaction term between FDI and the nonlinearity of financial development on economic growth in the period following the 2007–2008 Global Financial Crisis. Interestingly, our results demonstrate that the nonlinear relationship of financial development on economic growth is a U-shaped curve by using data from the 2009–2013 period, for 65 developing countries, which contrast the findings from previous studies. The absorptive capacity effects work nonlinearly, in that FDI accelerates growth after reaching a certain level of financial development, and that the positive effect originates from a minimum level. The study thus suggests that the level of financial development needs to be increased since it serves as a form of absorptive capacity enabling the positive growth effects of FDI in the recipient countries.


2017 ◽  
Vol 40 (11) ◽  
pp. 1201-1215
Author(s):  
Mark A. Tribbitt ◽  
Yi Yang

Purpose The purpose of this study is to examine the relationship between board dependence, antitakeover provisions and their influence on corporate entrepreneurship (CE). Design/methodology/approach The study uses agency theory as a framework to expand on the board dependence–CE relationship by injecting the moderating role of antitakeover provisions to the model. Using data collected from 350 publicly traded firms, a panel regression analyses was conducted on both innovation and venturing components of CE. Findings The findings of this study show a negative relationship between board dependence and CE. Further this study shows that such a negative relationship becomes weaker when higher levels of antitakeover provisions are injected into the model. Research limitations/implications This study was conducted using a sample of large publicly traded firms within the information and manufacturing sectors, and so our findings may not be generalizable to firms in other contexts. Further, other variables representing CE (e.g. new product introductions) may add to this line of research in the future. Practical implications Understanding the role of board of directors within a firm may help foster CE throughout the organization. Originality/value This study expands on existing research by incorporating the influence of environmental factors (e.g. antitakeover provisions) and examining the relationship between corporate governance and CE using both measures of innovation and venturing.


2019 ◽  
Vol 2 (2) ◽  
pp. 79-86
Author(s):  
Ravindra Medhe

Scheduled Castes (SC) is a group of deprived castes in India. Traditionally, people belongs to these castes are socio-economically exploited and untouchables. The present study analyses the role of education in decision of inter-caste marriages for social cohesion. The relationship between education of bride, parents and parents-in-law with number of inter-caste marriages was calculated using data compiled by India Human Development Survey (2011). The study shows no direct and robust relationship between education and inter-caste marriages. Educated brides lead for inter-caste marriages and educated parents support in this decision, but negative relationship was observed for education of parents-in-law with number of inter-caste marriages. Educated parents-in-law show no acceptance for inter-caste marriages of their shoots. The freedom of choice to bride show key role in formation of inter-case marriages which shows wide state-to-state variations. Education improves the capabilities of a person to deicide their own. Therefore, we have large scope to create bases for inter-caste marriages and social change through enlightenment and education.


2017 ◽  
Vol 121 (6) ◽  
pp. 1037-1052 ◽  
Author(s):  
Razieh Hashemi ◽  
Ahmed A. Moustafa ◽  
Leila Rahmati Kankat ◽  
Ahmad Valikhani

The aim of the present study was to explore the mediating role of patience on the relationship between mindfulness and suicide ideation. To do so, 110 patients with cardiovascular diseases were recruited from the outpatient Clinic of Imam Reza in the city of Shiraz in Iran. These patients completed The Five Facets Mindfulness Questionnaire, Patience Scale, and Suicide Ideation Questionnaire. Data were analyzed using structural equation modeling. Results indicated a significant positive relationship between mindfulness and patience ( r = .32, p < .001). There was a significant negative relationship between patience and suicide ideation ( r = −.36, p < .001). The results of mediating model showed that patience functioned as a mediator in the relationship between mindfulness and suicide ideation among patients with cardiovascular diseases ( β = −.33, p = .005). According to these findings, it can be claimed that mindfulness affects patients’ suicidal thoughts negatively through patience.


2003 ◽  
Vol 46 (2) ◽  
pp. 207-222 ◽  
Author(s):  
Scott Schieman

Previous studies suggest that older people report less anger. However, little is known about the relationship between age and the frequency of anger among individuals with different levels of education and economic circumstances. Using data from the 1996 General Social Survey ( N = 1,442), I examine the effects of age on anger across levels of education and objective and subjective economic conditions. A significant and positive age × education interaction suggests that the negative relationship between age and the frequency of anger is stronger at lower levels of education. Adjustment for social roles and economic conditions fails to account for the age × education interaction effect. In addition, differences in anger between individuals who reported worsening financial conditions and those who reported that their finances improved or stayed the same are greatest among the youngest age groups, and the gap decreases at successively older age levels. I discuss the ways that these results contradict recent findings of SES-based age differences in depressive emotions and physical health status.


2016 ◽  
Vol 11 (3) ◽  
pp. 702-710 ◽  
Author(s):  
Xueyan Yang ◽  
Shuzhuo Li ◽  
Isabelle Attané ◽  
Marcus W. Feldman

China is facing a male marriage squeeze, as there are more men in the marriage market than potential female partners. As a consequence, some men may fail to ever marry. However, while some studies have suggested that most unmarried men affected by the marriage squeeze in rural China feel a sense of failure, the quality of life of the men who remain unmarried against their will remains largely unexplored. Using data collected in rural Hanbin district of Ankang City (Shaanxi, China), this study analyzes the relationship between the marriage squeeze and the quality of life among rural men. Descriptive analyses indicate that the quality of life of unmarried men aged 28 years and older tends to be worse than for both younger unmarried men and married men. Also, the quality of life of men who perceive the marriage squeeze appears to be worse than that of those who do not. Regression analyses reveal that the perceived marriage squeeze and age independently have a significant negative relationship with the quality of life of rural men.


2018 ◽  
Vol III (IV) ◽  
pp. 389-399
Author(s):  
Nazim Ali ◽  
Zahid Ali ◽  
Adnan Khan

The basic objective of this study is to examine the mediating role of OC between WO and TI among the teaching faculty of universities of KP, Pakistan. Data were collected via questionnaires from 207 teachers. SPSS and Amos were used to analyze the data. The results revealed a significant positive relationship between WO and turnover intention, while a significant negative relationship between WO and OC and between OC and TI was confirmed. The results also revealed a significant partial mediation of OC between WO and turnover intention.


Researchers have taken a comprehensive approach to understanding stress, spirituality, and religion, etc. over the past few decades. Recently, there has been increasing interest in understanding psychological correlations involving gratitude and stress. A study (Wood et al., 2007) has shown that being spiritual or having a religious belief plays a positive role in stress reduction. This relationship may not be equally true for women and men, as women may get benefited, particularly from the social context, therefore, resulting in positive emotional effects of gratitude for them. In the current study, an attempt has been made to investigate the relationship between gratitude and stress with gender and religiosity acting as moderators. For testing the hypothesized relationships, primary data was collected using a structured questionnaire from 348 respondents residing in India. Stress perception was measured using the Perceived Stress Scale (Cohen, S., et al, 1983) and gratitude perception was captured using it (GQ-6; McCullough, Emmons, & Tsang, 2002), using response type 7-point likert scale. The study used scientific research tooli.e SPSS PROCESS Macro, Model 1, developed by Hayes, Andrew F, (2013) to test the conjectured hypotheses and establish the conceptual model. There is evidence of having a significant negative relationship between gratitude and stress and there was not a significant relationship between religiosity and stress. Further, the moderating role of gender and religiosity on the relationship between gratitude and stress, too, has been found checked and found significant for Gender. From this analysis, with the conditional effect, we have also found that significantly, there was the negative relationship between gratitude and stress those who female and male have believe in religiosity. Findings of the differences between gender and religiosity and the possible consequences for further studies in psychology and social science are discussed in a wider context


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