scholarly journals KELAYAKAN FINANSIAL UNIT USAHA PENANGKAPAN MULTIGEAR (JARING RAMPUS DAN JARING UDANG) DI PELABUHAN PERIKANAN PANTAI TAWANG KABUPATEN KENDAL (Financial Analysis of Multigear Fishing Bussiness In Tawang Fishing Port, Kendal Regency)

2017 ◽  
Vol 12 (2) ◽  
pp. 124
Author(s):  
Nova Puspita Rini ◽  
Trisnani Dwi Hapsari ◽  
Sardiyatmo Sardiyatmo
Keyword(s):  
Discount Rate ◽  
Financial Institutions ◽  
Calculation Result ◽  
Financial Analysis ◽  
Financial Institution ◽  
White Shrimp ◽  
Fishing Gear ◽  
Business Investment ◽  
Client System

ABSTRAK Peningkatan jumlah alat tangkap multigear (jaring rampus dan jaring udang) berbanding terbalik dengan  penurunan jumlah produksi hasil tangkapan utamanya yaitu, ikan  Kembung dan Udang Putih sejak tahun 2014 hingga tahun 2015. Sulitnya pembiayaan investasi dan pengembangan usaha penangkapan multigear di Pelabuhan Perikanan Pantai Tawang membuat sebagian besar Nelayan terikat pada sistem ijon (Patron-Klien), sehingga menyebabkan penerimaan Nelayan tidak maksimal karena harga jual yang ditetapkan rendah dari pihak Bakul (Patron) selaku pemberi pinjaman modal. Untuk itu, perlu adanya analisis finansial apabila Nelayan tidak terikat sistem ijon.Berdasarkan permasalahan tersebut, tujuan dari penelitian ini adalah, menganalisis kelayakan finansial untuk mengatahui apakah hingga saat ini usaha penangkapan multigear terikat sistem ijon masih layak untuk dilanjutkan, serta menganalisis bagaimana kelayakan finansial usaha apabila Nelayan tidak terikat sistem ijon.Hasil perhitungan analisis finansial usaha penangkapan multigear terikat sistem ijon discount rate 5%  ialah, R/C ratio 1,79, PP 3,112, NPV Rp. 340.654.823,79., Net Net B/C ratio 1,41 dan IRR 13,26%. Sedangkan, hasil  analisis finansial usaha penangkapan multigear memanfaatkan lembaga keuangan  discount rate  9% ialah, R/C ratio 1,99, PP2,388, , NPVRp. 384.956.100,17., Net Net B/C ratio3,50 dan  IRR 50,10% Berdasarkan nilai-nilai tersebut usaha penangkapan multigear terikat sistem ijon masih layak untuk dilanjutkan, namun usaha ini akan lebih layak untuk dijalankan apabila memanfaatkan lembaga keuangan. Kata kunci: Analisis Finansial; Penangkapan Multigear; PPP Tawang  ABSTRACT The increasing number of using multi-fishing gear (rampus net and trammel net) was inversely with the amount of decreasing production of each target catch, these were long jowed mackerel (restrelliger sp.) and white shrimp (paneaus sp.), since 2014 till 2015.  The difficulty of financial and development business investment arrest multi-fishing gear makes most of the fishermen attached to small seller ( patron-client system).  This condition makes fisherman couldn’t get maximum revenue cause of the selling low price from small seller as the Lender of Capital. Based on these problems, the aims of it research are,  analysis the feasibility financial to find out weather till today its business still feasible to continue, and how is the analysis business feasibility if the fishermen not bound  to ijon system (patron-client).The calculation result of financial analysis multi-fishing gear business bound to ijon system by discount rate 5% are, R/C ratio 1,79, PP 3,112, NPV Rp. 340.654.823,79.,, Net Net B/C ratio 1,41, and  IRR 13,26%. Whereas, the result of financial analysis multi-fishing gear business use financial institution discount rate 9% are, R/C ratio 1,99, PP2,388, , NPVRp.384.956.100,17.,  Net Net B/C ratio3,50 and  IRR 50,10%. According to those values multi-fishing gear business that bound to ijon sytem is still feasible to continue, But this business will be recognised to run better when use financial institutions. Keywords: Financial Analysis, Multi-Fishing Gear, PPP Tawang 

Financing renewable energy: La Esperanza Hydroelectric Project

2014 ◽  
Vol 52 (9) ◽  
pp. 1724-1749 ◽  
Author(s):  
Mauricio Jenkins ◽  
Leo Miguel Guevara
Keyword(s):  
Renewable Energy ◽  
Financial Institutions ◽  
Financial Analysis ◽  
Developing Economies ◽  
Financial Institution ◽  
Value Added ◽  
Project Finance ◽  
Content Type ◽  
Investment Projects ◽  
Energy Projects

Purpose – This is a teaching case to be used in courses on funding and execution of renewable-energy projects, sustainable development, project finance or management of financial institutions. The case has been successfully used in courses at the graduate level as well as in executive education. The purpose of this paper is to achieve the following specific objectives. First, to illustrate the adjusted present value (APV) methodology to value investment projects in a project finance setting. Second, to show how APV methodologies can be used to value investment projects with subsidized financing and temporary fiscal incentives. Third, to understand how financial institutions use debt service coverage ratios to measure the capacity of projects to repay debt obligations. Design/methodology/approach – The primary source of information for the study case came from in-depth interviews with senior officials from E+Co and project sponsors. Documents from E+Co's loan approval process and investment committee minutes were also consulted. Also a site visit was performed. Findings – The case is quite interesting along several dimensions. To begin with the case deals with an important (and somewhat difficult decision) the general manager of a financial institution has to make. From a technical point of view, the case involves an APV analysis and requires the estimation of the value added (or destroyed) by several collateral effects of debt in the capital structure of the project (something seldom treated in formal courses or standard finance textbooks). In addition, even though standard financial analysis would probably have led to select on alternative course of action, the authors know the protagonist of the case actually decided to do something different based on an additional analysis (a nice postscript for the case, therefore). Research limitations/implications – Been a case study, the findings may be quite particular of the particular situation and context. However, the case provides good insight into the difficulties and problems entrepreneurs face in developing economies as well as in funding small renewable energy projects around the world. Practical implications – The case provides a number of important lessons and learning opportunities for sponsors of renewable energy power projects and managers of financial institutions. Originality/value – Please refer to the findings section above.

Effects of Financial Innovations on Profitability for Deposit Taking Microfinancing Institutions in Kenya

2018 ◽  
Vol 9 (6) ◽  
pp. 529-536
Author(s):  
Martin Khoya Odipo ◽  
Keyword(s):  
Financial Institutions ◽  
Positive Relationship ◽  
Financial Institution ◽  
Secondary Data ◽  
Financial Statements ◽  
Descriptive Statistics ◽  
Primary Data ◽  
Microfinance Institutions ◽  
Financial Innovations ◽  
Strong Positive Relationship

Recent studies have documented that innovations improve profitability of firms. This article documents that deposit taking micro financial institutions that have adopted financial innovations have increased their profitability. The study covered five years between 2009-2013. Both primary and secondary data were used in the study. Primary data was obtained through administration of drop and pick questionnaires to selected employees of the institutions. Secondary data was obtained from financial statements and management reports of these deposit taking microfinance institutions. Data was analyzed using descriptive statistics, return on asset and multi-liner regression model to determine the effect of each financial innovation applied on profitability on the micro-financial institution. The results showed that most deposit taking microfinance institutions adopted these financial innovations in their current operations. There was strong positive relationship between individual innovations and profitability. In line with profitability ROA also showed improvement each year after the adoption of these financial innovations.

Diversity and the Performance of Selected Financial Institutions of Asia

2018 ◽  
Vol 2 (1) ◽  
pp. 1
Author(s):  
Shafaque Fatima ◽  
Saqib Sharif
Keyword(s):  
Financial Institutions ◽  
Positive Impact ◽  
Financial Institution ◽  
Gender Diversity ◽  
Business Case ◽  
Ordinary Least Squares ◽  
Cross Sectional ◽  
Age Diversity ◽  
The Impact ◽  
Nationality Diversity

Linking with the business case for diversity, this study examines whether the top management team (TMT) and the board of directors (BODs) diversity has a positive impact on financial institution (FI) performance in select countries of Asia least researched domain. We use data from 119 financial institutions across Asia for the year 2015, initially 1,447 institutions; however, incomplete data was excluded from final analysis. We use three proxies for diversity, that is, nationality diversity, gender diversity, and age diversity of TMT and BODs. To investigate the impact of TMT and BODs diversity, cross-sectional ordinary least-squares estimation is applied, using Return on Average Assets (ROAA%) as a measure of performance.  We find that nationality diversity and age diversity is positively and significantly related to FIs performance. Our evidence indicates that executives and board members with diverse exposure and younger age improve FIs profitability. However, there is no significant relationship between gender and FIs performance.

scholarly journals Sustainability Assessment of White Shrimp (Penaeus vannamei) Production in Super-Intensive System in the Municipality of San Blas, Nayarit, Mexico

Water ◽  
2021 ◽  
Vol 13 (3) ◽  
pp. 304
Author(s):  
Favio Andrés Noguera-Muñoz ◽  
Benjamín García García ◽  
Jesús Trinidad Ponce-Palafox ◽  
Omar Wicab-Gutierrez ◽  
Sergio Gustavo Castillo-Vargasmachuca ◽  
...  
Keyword(s):  
Sustainability Assessment ◽  
Financial Analysis ◽  
Positive Impact ◽  
Mangrove Ecosystem ◽  
White Shrimp ◽  
Penaeus Vannamei ◽  
Fixed Costs ◽  
Farm Model ◽  
Intermediate Value ◽  
Intensive System

The super-intensive white shrimp system is more productive (t ha−1) than traditional systems. However, it implies greater investment in infrastructure and machinery, a continuous supply of electricity, and a specialized workforce. Therefore, the sustainability of a shrimp farm model operating in a super-intensive system in Nayarit (Mexico) was evaluated using financial analysis and life cycle assessment. The investment is important, but the fixed costs (16%) are much lower than variable costs (84%). The super-intensive farm is economically viable, with an overall profitability (29%) that is higher than that of other agri-food activities in Mexico. It is also an activity that generates a lot of employment, in relative terms, as well as economic movement in the area. The potential environmental impacts are higher than those registered in semi-intensive shrimp systems but slightly lower than those registered in intensive systems. The estimated global warming value per kg of shrimp is 5.08 kg CO2-eq, an intermediate value. Also, as the shrimp production is much higher than in traditional systems, it could have a great and positive impact on the maintenance and regeneration of the mangrove ecosystem.

APPLICATION OF AKAD IJARAH ISLAMIC LAW IN THE AL-QUR'AN

ISLAMIKA ◽  
2020 ◽  
Vol 14 (1) ◽  
pp. 1-11
Author(s):  
Ade Jamarudin ◽  
Ofa Ch Pudin
Keyword(s):  
Financial Institutions ◽  
Islamic Law ◽  
Financial Institution ◽  
Field Research ◽  
Secondary Data ◽  
Research Field ◽  
Islamic Banking ◽  
Library Research ◽  
Human Labor ◽  
Leasing Company

Ijarah is a contract on the transfer of goods or services with rewards instead. Ijarah based transactions with the displacement benefit (rights to), not transfer of ownership (property rights), there ijara financing translates as buying and selling services (wages hired), that take advantage of human power, there is also a translate lease, which take advantage of goods. Application ijarah growing financial institutions in the current Shari'ah is happening on the leasing company (financial institution based on Islamic teachings, as well as Islamic banking is one of the products in Islamic finance. Application ijarah emerging financial institutions shari'ah 'ah at the moment that is happening on the leasing company (financial institution based on Islamic teachings, as well as Islamic banking is one of the Islamic financing products). This research is a library research (library research) and field research (field research), and is descriptive, analytic and comparative. Data sources used in this study are sourced from primary and secondary data. Ijarah transactions are based on the transfer of benefits (use rights), not the transfer of ownership (ownership rights), some translate ijarah financing as the sale and purchase of services (wage wages), i.e., taking the benefits of human labor

Corporate governance and the social performance: investigation on Tunisian financial institutions

2018 ◽  
Vol 60 (6) ◽  
pp. 1412-1431
Author(s):  
Nejia Nekaa ◽  
Sami Boudabbous
Keyword(s):  
Corporate Governance ◽  
Financial Institutions ◽  
Financial Institution ◽  
Stock Exchange ◽  
Social Performance ◽  
Financial Sector ◽  
Content Type ◽  
The Social ◽  
Questionnaire Method ◽  
The Impact

Purpose The purpose of this study is to show the specificities of the corporate governance of Tunisian financial institutions and the impact of the internal mechanisms of corporate governance of these institutions on their social performance. It is therefore interesting to establish the existing relationship between these mechanisms of corporate governance and the performance of a financial firm. Design/methodology/approach This study aims to study the financial sector, generally characterized by its opacity, its regulation, its evolution and its obscurity. Therefore, a study based on the questionnaire method was recommended. The questionnaire is intended for managers. Therefore, the authors interviewed 138 managers of Tunisian financial institutions dispersed between agencies and headquarters in different regions (Gabes, Tozeur, Gafsa, Sfax, Sousse and Tunisia). Findings As a result, an impact on performance was observed according to the empirical study. Therefore, the authors can conclude an essential role of internal mechanisms for improving the social performance of a financial institution. The empirical findings in this paper lead to important conclusions. Indeed, the variables measuring the governance mechanisms have divergent effects on the social performance of the financial institutions subject to the sample. For the variables board of directors, confidence, culture, auditing, they have a positive effect. While, the incentive remuneration effect negatively the social performance. Originality/value This study will be based essentially on the financial sector in Tunisia: the credit institutions (22 banks), the establishments of leasing (eight companies of leasing), two factoring companies and two banks of cases which are listed on the Stock Exchange of Tunis (BVMT).

scholarly journals QARDHUL HASAN DALAM PERSFEKTIF HUKUM ISLAM PADA BAITUL MAAL WA TAMWIL (BMT) DAN IMPLEMENTASINYA

2019 ◽  
Vol 1 (1) ◽  
pp. 44-58
Author(s):  
Muhamad Bisri Mustofa ◽  
Mifta Khatul Khoir
Keyword(s):  
Financial Institutions ◽  
Islamic Law ◽  
Financial Institution ◽  
Social Institution ◽  
Small Communities ◽  
Economic Law ◽  
Potential Source ◽  
Islamic Financial Institutions

Abstract In the implementation of Islamic Financial Institutions such as the Baitul Maal wa Tamwil (BMT) there are various ways of collecting funds and channeling funds. Funds are collected through wadi'ah deposits and deposits. While the distribution of funds is done by murabahah, mudharabah, musyarakah, rahn (pawn), ijarah, ijarah multijasa and qardhul hasan financing. Qardhul Hasan's financing is the orientation of the function of the Islamic Financial Institution (Baitul Maal Wa Tamwil) as a social institution. Qardhul hasan is a soft loan given on the basis of mere social obligations. In this case the borrower is not required to return anything except the amount borrowed. In Qardhul Hasan financing there are pillars and conditions, namely the perpetrator of the contract consisting of muqtaridh (borrower), muqridh (lender), qardh (fund), shighat ijab and qabul willingness for both parties and funds used for something useful and lawful. Qardhul Hasan is an activity to achieve a predetermined goal or target by the relevant Islamic financial institutions. The mechanism for implementing Qardhul Hasan is solely aimed at providing assistance to meet the needs of small communities. Thus it can be seen that the form of borrowing through Qardhul Hasan is in accordance with the principles of sharia economic law, the potential source of Qardhul Hasan's funding is quite large if it is utilized and managed optimally and its implementation is very useful for the community. Keywords: Qardhul Hasan, Islamic Law, BMT

scholarly journals SOSIAL EKONOMI DAN LINGKUNGAN PERIKANAN BUBU DI DESA KARANGSONG KABUPATEN INDRAMAYU, JAWA BARAT

2019 ◽  
Vol 8 (2) ◽  
Author(s):  
Muhammad Fitri Rizky ◽  
Zuzy Anna ◽  
Achmad Rizal ◽  
Asep Agus Handaka Suryana
Keyword(s):  
Environmental Analysis ◽  
Financial Analysis ◽  
Primary Data ◽  
Social Aspect ◽  
Fishing Gear ◽  
Environmental Condition ◽  
West Java ◽  
Environment Analysis ◽  
Average Value ◽  
Trap Fishery

Penelitian ini bertujuan untuk menganalisis kondisi sosial, ekonomi dan lingkungan perikanan bubu dan mencari tahu faktor apa yang berpengaruh terhadap kondisi sosial ekonomi dan lingkungan perikanan bubu. Penelitian dilaksanakan di Desa Karangsong, Kabupaten Indramayu, Provinsi Jawa Barat pada bulan Februari tahun 2018 dengan jumlah responden sebanyak 60 orang nelayan alat tangkap bubu. Pengambilan data dilakukan melalui wawancara dengan kuesioner untuk mendapatkan data primer mengenai kondisi perikanan bubu. Analisis sosial meliputi aspek sosio demografi, institusional dan konflik. Analisis finansial meliputi analisis pendapatan dan B/C ratio serta dilakukan analisis regresi untuk mengetahui hubungan antara beberapa variabel input. Analisis lingkungan dilakukan berdasarkan pandangan nelayan mengenai dampak pengoperasian bubu terhadap lingkungan. Aspek sosial menunjukkan nelayan bubu Karangsong tidak memiliki kelompok, ditemukan konflik alat tangkap dan konflik terkait kegiatan perikanan dan hasil tangkapan yang tidak dilaporkan aktifitasnya ke TPI maupn PPI. Hasil analisis finansial didapatkan pendapatan nelayan berkisar antara Rp1.532.000 - Rp5.401.600 dan nilai B/C Ratio rata rata per jenis kapal adalah 2.05 untuk 3 GT, 5.1 untuk 4 GT dan 5.6 untuk 6 GT. Hasil analisis lingkungan diketahui 100% nelayan memiliki perspektif bahwa perikanan bubu ramah lingkungan.Title: Socio-Economic and Environment Analysis of Trap Fishery  Will Karangsong Village Indramayu of West Java This research was conducted in Karangsong, Indramayu, West Java in February 2018 with 60 respondents of traps fishermen. This research aims to analyze the socio-economic and environmental condition of fishing traps and tried to find out what factors influencing the conditions. Primary data were collected through questionnaires and interviews about the condition of fishing traps. Social analysis of the research includes demography, institution and conflict, while financial analysis includes income analysis and B/C ratio as well as regression analysis to find out correlation between inputs. Environmental analysis was built upon fishermen’s perspective about how fishing traps affect the environment. Social aspect of the research found that fishermen did not have any group, and there are many conflicts especially related to fishing gear and unreported fishing. Results in financial analysis found that fishermen’s income  range between IDR 1.532.000 - IDR 5.401.600 and average value of B/C Ratio for 3 GTs, 4 GTs and 6 GTs were 2.05, 5.1 and 5.6, respectively. Environmental analysis indicated that 100% of fishermen perceive that fishing traps are environmentally friendly. 

scholarly journals A Research on Stress Testing Approach Towards Evaluating Credit Risk of a Financial Institution

2021 ◽  
Author(s):  
S M Nazmuz Sakib
Keyword(s):  
Financial Institutions ◽  
Stress Testing ◽  
Financial Institution ◽  
Well Being ◽  
Status Quo ◽  
Science Theory ◽  
The Future ◽  
Financial Framework ◽  
Economic Well Being ◽  
Credit Institutions

The stress testing methodology should be implemented and applied to the entity's overall financial system at least annually, and if the organization operates in a volatile economy, it should be performed at least twice a year. Finally, managers should include regular training and development sessions for relevant employees of their organization to be fully informed and more informed and informed, considering the evolving science, theory and practicality of a discrete range of stress testing mechanisms that can be appropriately applied to overall financial framework and system of multiple financial institutions and banks. In addition, stress testing is essentially a methodology that collects and analyzes certain future macro-prudential and micro-prudential economic drivers and indicators, the primary purpose of which is to assess the future financial and economic well-being, level of growth and status quo of a financial institution, bank, organization, credit institution or economy or the nation as a whole. In addition, several of these reviews were specifically focused and incorporated into the paper, which substantially and broadly discussed and summarized the importance, feasibility and implementation and conclusions of different stress testing approaches for financial institutions and banks, especially in European and Chinese countries. region. with the primary intention of assessing the future financial and economic well-being, level of growth and status quo of a group of financial institutions, banks, organizations, credit institutions or the economy or the nation as a whole. In addition, several of these reviews were specifically targeted and incorporated into a paper that substantially and broadly discussed and summarized the importance of the feasibility and implementation and conclusions of different stress testing approaches for financial institutions and banks, especially in European and Chinese countries. region. with the primary intention of assessing the future financial and economic well-being, level of growth and status quo of a group of financial institutions, banks, organizations, credit institutions or the economy or the nation as a whole. In addition, several of these reviews were specifically focused and incorporated into the paper, which substantially and broadly discussed and summarized the importance, feasibility and implementation and conclusions of different stress testing approaches for financial institutions and banks, especially in European and Chinese countries. region. the level of growth and status quo of the financial institutions, banks, organizations, credit institutions or the economy or the nation as a whole. In addition, several of these reviews were specifically focused and incorporated into the paper, which substantially and broadly discussed and summarized the importance, feasibility and implementation and conclusions of different stress testing approaches for financial institutions and banks, especially in European and Chinese countries. region. the level of growth and status quo of the financial institutions, banks, organizations, credit institutions or the economy or the nation as a whole. In addition, several of these reviews were specifically focused and incorporated into the paper, which substantially and broadly discussed and summarized the importance, feasibility and implementation and conclusions of different stress testing approaches for financial institutions and banks, especially in European and Chinese countries.

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