Cash Holding and Financial Stability during a Crisis: A Case Study of Vietnamese Firms in Covid-19 Pandemic

2021 ◽  
pp. 1-14
Author(s):  
Chi Khanh Nguyen ◽  
Anh Quang Nguyen ◽  
Nhu Quynh Nguyen ◽  
Trang Thi Minh Nguyen ◽  
Anh Ngoc Chu ◽  
...  
Keyword(s):  
Financial Stability ◽  
Cash Holding

scholarly journals Corporate social responsibility, social and financial performance: The case study of the loan appraisal process of the Rwanda Development Bank

2018 ◽  
Vol 15 (3) ◽  
pp. 47-56
Author(s):  
Gianfranco A. Vento ◽  
Helen Chiappini ◽  
Giuseppe Lia
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Stability ◽  
Development Bank ◽  
Social Mission ◽  
Appraisal Process ◽  
The Social ◽  
Development Banks ◽  
Corporate Social

Development banks play an active role in smoothing growth of world’s disadvantaged areas. The social mission of development banks requires that they pay attention to corporate social responsibility (CSR) and to the social outcome of financing activities. However, like any other financial institution, they must consider the business sustainability and the financial stability over time. Thus, a comprehensive loan appraisal process should include financial and social aspects. Literature does not properly investigate development banks loan appraisal process, thus the aim of this paper is to contribute to this stream of literature, analysing how development banks can include the evaluation of social and environmental variables within their loan appraisal process. For the purpose of the research, we employed a case study of the Rwanda Development Bank (BRD). The BRD loan appraisal process combines the evaluation of typical aspects of corporate social responsibility – like the firms or projects compliance to health and safety regulations or the implementation of the code of ethics including diversity policies – with the evaluation of social and environmental impact, as well with financial aspects. The BRD social impact assessment is also valuable because it follows the criteria of proportionality of loans evaluation, balancing completeness of information with the cost of the assessment.

EU Law (MiFID II) and effective regulation: a step towards financial stability?

2019 ◽  
Vol 26 (6) ◽  
pp. 833-848
Author(s):  
Mariia Domina Repiquet
Keyword(s):  
Financial Markets ◽  
Financial Stability ◽  
Financial Regulation ◽  
Duty Of Care ◽  
Eu Law ◽  
Systemic Risks ◽  
Two Sides ◽  
The Eu

This article examines to what extent EU law is effective in preserving global financial stability and, therefore, preventing financial crisis. A difference between macro- and micro-approaches to financial regulation is explained. Whilst the former is concerned with the minimization of systemic risks and maintaining of the financial stability, the latter is focused on the effective regulation of all financial markets’ players, whatever the size of their portfolios. These approaches are the two sides of the same coin, that is limiting the possibility that future financial crises will occur. This paper argues that the effective regulation of investment firms, especially their duty of care, helps to preserve overall financial stability. The choice of the MiFID II as a case study is explained by its appreciation as one of the biggest achievements of EU policymakers in the context of financial law so far. How does a duty to ‘know your customer’ affect global financial stability within the EU? What is the role of soft law in preserving the financial system? These are the questions that this paper seeks to answer.

Financial Stability of Islamic Banks; A Case Study of Pakistan

2017 ◽  
Vol 4 (4) ◽  
pp. 1-8
Author(s):  
Inayat Ullah ◽  
Umar Saddozai ◽  
Iqtidar Hussain ◽  
Abdur Rehman
Keyword(s):  
Financial Stability ◽  
Islamic Banks

scholarly journals (P2-4) Prehospital System Development in Jaffna, Sri Lanka

2011 ◽  
Vol 26 (S1) ◽  
pp. s136-s136
Author(s):  
P. Bollinger ◽  
J. Zimmerman ◽  
K. Bertermann ◽  
R. Nominathan ◽  
D.R. Woodyard
Keyword(s):  
Sri Lanka ◽  
Call Center ◽  
Financial Stability ◽  
System Development ◽  
Prehospital Care ◽  
First Year ◽  
Middle Income ◽  
Life Saving ◽  
Indicators Of Success

IntroductionThis case study presents the development of a prehospital system in Jaffna, Sri Lanka. The case then outlines the development of the system, examines its first year of operations, and investigates possible reasons for the results of the development of the prehospital system in Jaffna. Finally, the case discusses the continued operations of the system.MethodsThis case study qualitatively researches the development of the Jaffna prehospital care system by looking at indicators of success in human resources, technical knowledge and community awareness. The case study also quantitatively examines the utilization and financial performance of the system during its first year of operation.ResultsAccording to indicators, the implementation of the model and its functioning can arguably be considered successful in terms of utility, and in many regards financial stability. The system has already responded to over 2,000 emergency calls in its first eleven months of operation. The main ambulance and call center has managed to operate at only a $13.50 USD loss during its first twelve months of operation. It has established quality standards by utilizing trained Emergency Medical Technicians (EMT) and ambulances featuring basic life saving equipment. The system has also integrated itself as a part of the overall health system of the community it is serving.ConclusionsThe system's success in development should be examined as a potential model for implementing prehospital care in a developing and middle-income country setting, while keeping in mind factors outside of the system that were integral to its developmental success.

scholarly journals Caught in the Crosswinds

2020 ◽  
Vol 20 (225) ◽  
Author(s):  
Ghada Fayad ◽  
Helene Poirson Ward
Keyword(s):  
Financial Stability ◽  
Global Financial Crisis ◽  
Flexible Exchange Rate ◽  
External Shocks ◽  
Case Study Approach ◽  
Macroeconomic Conditions ◽  
Study Approach ◽  
Management Measures ◽  
The Global Financial Crisis

A case study approach is used to assess the multi-pronged policy response of seven small financially open economies with flexible exchange rate regimes to external shocks following the global financial crisis. FX intervention was frequently used— including during outflow episodes to prevent disorderly depreciation and preserve financial stability. Monetary policy often considered both financial and external stability. Capital flow management measures were sometimes calibrated symmetrically over the cycle while macroprudential measures were mostly deployed during inflow episodes. Assessment of the macroeconomic conditions paints an inconclusive picture on the benefits or costs of such policies, suggesting the need for further analysis.

Issue of Financial Management Practices among SMMEs: A Case Study of Former Transkei Homelands in Eastern Cape Province South Africa

10.31355/70 ◽  
2020 ◽  
Vol 4 ◽  
pp. 001-007
Keyword(s):  
South Africa ◽  
Financial Management ◽  
Financial Stability ◽  
Management Practices ◽  
Future Research ◽  
First Year ◽  
Eastern Cape Province ◽  
Eastern Cape ◽  
Management Skills

NOTE: THIS ARTICLE WAS PUBLISHED WITH THE INFORMING SCIENCE INSTITUTE. Aim/Purpose...................................................................................................................................................................................................... The goal of this study was to investigate the financial management practices of SMMEs operating in under developed regions as a challenge facing SMMEs operating in underdeveloped regions using former Transkei Homelands in Eastern Cape Province as a case study. Background......................................................................................................................................................................................................... In South Africa, the works of Cameron and Miller (2008) highlights that South Africa is ranked among top countries in the world with high failure rates of SMMEs during the first year of establishment. This calls for continues research works to identify factors that could be impeding the progress of SMMEs in South Africa. According to Jayansankaran, (1999) proper financial management practices are among the key deciding factors when it comes to the survival of SMMEs. Mostly SMMEs in underdeveloped regions are owned and managed by one person, the lack of financial management competence on the side of the SMMEs owners or managers in turn could bring serious consequences to the financial stability and grow of the SMMEs. It is against this background that this study focuses on financial management practices among SMMEs entrepreneurs operating their businesses in former Transkei Homelands where survival of SMMEs are critical for economic development of the region. Methodology....................................................................................................................................................................................................... The researcher in this study uses both quantitative and purposive sampling approaches to design an exploratory study to sample 68 SMMEs owners/managers based in the various towns of the selected region. Contribution........................................................................................................................................................................................................ This research will add to the growing knowledge about identifying factors that may be impeding survival of SMMEs. Findings .............................................................................................................................................................................................................. The major findings of the study revealed that 95.59% of the owners/managers have no financial management/accounting skills as well as 58.82% of the internal system of recording financial transactions are not audited. Recommendations for Practitioners................................................................................................................................................................. In view of the findings it is recommended that agencies charged with looking after SMMEs provide training in the area of financial management skills for the SMMEs owners/managers. Recommendation for Researchers.................................................................................................................................................................... Future studies can include the other four principles of financial management principles highlighted by Armstrong (2001). Impact on Society............................................................................................................................................................................................... The research will assist to highlight to funders of SMMEs, policy makers and business support agencies the need for educating SMMEs entrepreneurs especially those operating their businesses in underdeveloped regions in proper financial management practices in order to curve the problem of cash flow faced by SMMEs which leads to SMMEs failure. Future Research................................................................................................................................................................................................. Exploring the skills of the SMMEs entrepreneurs’ to prepare, understand and interpretation of financial statements are critical in this context.

scholarly journals Business Strategy of Top Indian Company: L&T InfoTech

2019 ◽  
pp. 64-89
Author(s):  
Revathi R ◽  
Madhushree ◽  
Aithal P. S
Keyword(s):  
Information Technology ◽  
Financial Services ◽  
Business Strategy ◽  
Financial Stability ◽  
Life Science ◽  
Recruitment Strategy ◽  
Media Technology ◽  
Technology Service ◽  
Distribution Energy

L&T InfoTech is one of the fastest growing Information Technology companies in India. Founded in 1997, as an Indian IT company, L&T InfoTech has it's headquarters at Mumbai, Maharashtra and is owned by Larsen & Toubro. L&T InfoTech offers its services to various industries like Banking and financial services, Communication and media technology, Insurance, Manufacturing, Retail, Hi-tech, Consumer Goods & Distribution, Energy Resources & Utilities, Life Science & Health Care, Public Services, Travel, Transportation, and Hospitality. L&T InfoTech is an Information Technology service provider offering business solutions with latest innovative ideas and technology to needy customers around the world. L&T is one of the top 10 listed companies in India. This paper throws light on various aspects which made L&T InfoTech a unique company with its innovative service offers through its slogan ‘Welcome to Possible’ to various industries and industry sectors. This case study paper also discusses the strategy of L&T InfoTech while providing services for different sectors like Banking, Insurance, Energy and Utilities, CPG & Retail, Hi-tech, Life Science and Healthcare, Media and Entertainment, and Manufacturing. In this case study, we have analysed the operational strategy, business strategy, financial stability, marketing mix, competitors, training, and recruitment strategy of the company briefly using Theory A. We have also studied the CSR procedure of the company and analyzed its strategies using SWOT framework as research case study

scholarly journals Financial Analysis of an Industrial Enterprise

2019 ◽  
Vol 2019 (4) ◽  
pp. 415-424
Author(s):  
Anna Muhacheva
Keyword(s):  
Coal Mining ◽  
Financial Stability ◽  
Financial Analysis ◽  
High Volume ◽  
Theory And Practice ◽  
Financial Status ◽  
Funding Sources ◽  
Effective Development ◽  
High Share

Financial analysis is important for effective management: it provides growth reserves and eliminates those problem areas that can decrease key financial indicators and result in bankruptcy. The present research featured theory and practice of financial analysis of an enterprise. The paper represents a case study of Kuzbassrazrezugol OJSC, one of the leading coal mining enterprises in the country (Kuzbass, Russia). The research objective was to analyze its financial status, identify problem areas, and propose solutions. The research employed coefficient, vertical, and horizontal analysis, as well as general methods of analysis, synthesis, grouping, and generalization of data. The article introduces authentic approach to the term “financial status” and gives various scientific interpretations of the term. The paper focuses on factors, key indicators of financial analysis, and degrees of financial stability. Financial analysis includes assessment of financial stability, business activity, liquidity, and profitability. The author compiled a list of indicators for each section of financial analysis. The case study revealed that the company under analysis has a fairly strong financial position. The list of minor problems revealed included: superiority of short-term financial sources; high share of borrowed funds in the overall structure of funding sources; high share of non-current assets in the structure of the company’s property; high volume and low turnover of receivables. For each problem, the author proposed an appropriate solution. The financial analysis revealed problem areas and provided guidelines for further long-term effective development. The article owes its scientific novelty to the case study which revealed peculiarities in strategies for managing the financial status of coal mining enterprises.

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