scholarly journals Examining Key Success Factors for Effective Risk Management Affecting Bank Muscat’s Financial Performance: Case of Oman.

2021 ◽  
Vol 8 (6) ◽  
pp. 469-480
Author(s):  
FAWZIYA AL-JABRI

  Risk Management is considered as one of the major bank’s financial performance case of Oman. In recent years, the administration and financial corruptions has been shown to affect the financial performance of banks. Therefore, it provides rapid analysis to identify and examine those key factors and come up with better framework for more effective risk management of bank’s financial performance. As project topic shown, the aim of the study is to determine key success factors and the influence of risk management to banks financial performance. However, risk management has adverse effects.   The project provides literature review from scholarly sources for examining the positive impact of risk management.  The project carries primary and secondary data to obtain the information of research.  The finding of the project indicates to be more effective in banks financial performance. In addition, risk management should ensure the banks financial performance and controlling with success in business through financial planning and control. Finally, contribution of the project could be using as reference source. Many researchers are taken the benefit of the project especially in banks case of Oman. Keywords:      Key Success Factors, Risk Management, Bank Financial Performance, Effective    

Author(s):  
Lea Kubíčková ◽  
Aleš Peprný ◽  
Šárka Nováková

The paper deals with evaluating the success of small and medium-sized companies in in­ter­na­tio­na­li­za­tion process. The process of internationalization is defined in the literature in a many ways; there is a countless variety of different approaches and models of internationalization process of firms. Like all processes in the firm also the internationalization process is accompanied by risks. For risk management it is important to know what the key factors of success are in the international arena. In this article is presented a simple evaluation model that could be used by SMEs to determine not only how strong are they compared to competitors, but also at what level are their key success factors in the process of internationalization. The aim was to find a simple method to help small and medium enterprises to assess their situation in the field of internationalization and to help them identify their strengths and weaknesses in this area. Proposed simple evaluation model has the graphic output from which it can be seen in which areas the company is doing well in internationalization process and in what areas is doing badly – then there is room for further improvement. Creating the model it was essential to divide the various factors into several groups and further evaluation to determine the range by which SMEs can quantify the level of success in internationalization process. Before the model was constructed it was necessary to collect data among small and mid-sized firms, and to process the outputs of the survey. After confirmation or to rejection of the certain hypotheses key success factors of SMEs in the internationalization process were selected and these factors were then aggregated into 4 groups. The model was then applied to data obtained from a survey of 40 SMEs and in the paper there are presented specific examples of graphical output of the model for the best and worst rated company. Authors are aware that the model is simple and has its limits, there is the need of much more work and the authors foresee further modifications of this model.


2018 ◽  
Vol 3 (2) ◽  
pp. 191-214
Author(s):  
Shutaro Takeda ◽  
Go Okui ◽  
Nanao Fujimura ◽  
Hisae Abe ◽  
Yuka Ohashi ◽  
...  

Link Model, a participatory rural appraisal (PRA) programme for micro-infrastructure construction funding aid, has received much attention in Bangladesh over the last few decades. This study aims to contribute to the latest phase of the Link Model project, launched in July 2016 by the Bangladeshi government. To this end, the authors conducted a field survey in Kalihati Upazila, which involved 102 villagers and 153 local representatives. The authors used the survey to examine the efficacy of the programme and to identify the key factors that contribute to its success. Results obtained from the questionnaire survey showed that the programme had high degrees of satisfaction and penetration in the surveyed villages. Moreover, the degree of satisfaction was unaffected by gender, religion, income or education background, which is notably consistent with the ideals of PRA. Villagers who understood the policy better were more satisfied with the micro-infrastructures developed through the Link Model programme. The ratings of union development officers (UDO) strongly correlated with the number of micro-infrastructures. Therefore, this study concludes that the key success factors of Link Model are (a) the understanding of villagers on the programme for quality and (b) the capability of UDO for quantity.


2010 ◽  
Vol 1 (1) ◽  
pp. 1 ◽  
Author(s):  
Ruth Murray-Webster ◽  
Sergio Pellegrinelli

Risk management practices as described in many leading texts feel counterintuitive to many practitioners and are frequently ignored, despite their being evidently logical and potentially valuable. Such practices are often conceived as a remedial post-planning, audit activity. This paper proposes an approach for dealing with project uncertainty and risk, grounded in economics and taking into account behavioural biases and heuristics. The proposed approach is argued to be an enhancement to conventional risk management practices and one that can serve organisations better while also aligning to experienced practitioners’ intuitive approaches. In particular, we argue: that the focus should be on adding economic value rather than reducing risk per se; that opportunity gain/loss is a superior metric for gauging potential impacts of risky events; and that creation of real options should be emphasised as part of the repertoire of generic response actions to risk. The approach also supports the integration and handling of uncertainty and risk as part of holistic project planning and control.


2020 ◽  
Vol 10 (1) ◽  
pp. 64-86
Author(s):  
Alphonse Nsengiyumva ◽  
Jean Bosco Harelimana

The study analyzed the contribution of loan management on the financial performance of Umurenge Savings and Credit Cooperatives in Rwanda. The study adopted the use of descriptive survey using both qualitative and quantitative methods for a total sample size of 78 clients who have received more than two times the loan. Purposive and simple random sampling was used for this purpose. Primary and secondary data were collected and then analyzed. The study found that loan management determinants used such as membership enrolment, client appraisal, credit risk control and collection policy impact on financial performance respectively at 23,9%; 24,1%; 39,2 % ; 28,4%.Loan management practices have a high influence on the SACCO’s financial performance during the five years.The correlation results imply that suitable loan management in a saving and credit institution has a positive impact on financial sustainability and profitability and on financial efficiency and productivity as they move in the same direction (R=0.980).


2006 ◽  
Vol 6 (1) ◽  
Author(s):  
T. N. Van der Linde ◽  
A. L. Boessenkool ◽  
C. J. Jooste

Purpose: The first and second articles in the trilogy introduced shared services as a business model and the various models through which a shared services business can and must evolve to create value. The purpose of this third and final article in the trilogy of articles is to identify the key success factors required to successfully manage a shared services business unit. Methodology: A comprehensive literature study was conducted in order to identify the key success factors required to successfully manage a shared services business unit. This was followed up with an empirical study to determine if organisations that have implemented shared services as a business model are using any of these identified factors to successfully manage their respective shared services business units. Findings: In the article, a framework is generated to help organisations understand the key success factors required to successfully manage a shared services business unit. This work has further potential in that the key factors required can also be used not only in the normal brick and mortar organisations, but also in virtual organisations. Implications: This article presents a comprehensive approach to understand the key success factors required to manage a shared services business unit. These findings are important as they can be applied to a conventional organisation as well as a virtual organisation. Value: This article provides an understanding of the key success factors required to manage a shared services business model. When these key success factors are used as a basis for the management of a shared services business unit, it will continuously create value for the organisation.


Author(s):  
Jamil Salem Al Zaidanin ◽  
Omar Jamil Al Zaidanin

The main purpose of this study is to measure up to what extent the independent factors defined by capital adequacy ratio, non-performing loans ratio, cost-income ratio, liquidity ratio, and loans-to-deposits ratio impact the financial performance of sixteen commercial banks operating in the United Arab Emirates using panel data for the period of 2013-2019. The secondary data was collected from banks and examined by applying standard descriptive statistics and the random effect model for hypothesis testing. It is concluded from the regression outcomes that non-performing loans ratio and cost-income ratio have a significant negative impact on commercial banks profitability in the United Arab Emirates, while capital adequacy ratio, liquidity ratio, and loans -to-deposits ratio all have a very weak positive relationship on the return on assets but they are not determinants of bank’s profitability due to the insignificant statistical impact on it. It is therefore suggested that to enhance financial performance and minimize the risk of non-performing loans in the future, banks must watch very carefully the loans’ performance and analyze thoroughly the clients’ credit history and ability to pay back their debts prior to any approval of loan applications. Furthermore, banks should continuously improve their assets utilization, liquidity, and techniques of managing operating costs, improve the impact of capital adequacy, and the use of deposits for lending activities from a weak positive impact to a significant positive impact on their profitability. The researchers recommend that future studies on credit risk management influence on banks’ financial performance should consider more independent variables and longer periods of study such as twenty or thirty years to have more accuracy and generalized results.  


2017 ◽  
Vol 16 (1) ◽  
pp. 202-216
Author(s):  
STEVE MACFEELY ◽  
PEDRO CAMPOS ◽  
REIJA HELENIUS

Statistical literacy is complex and multifaceted. In every country, education and numeracy are a function of a multitude of factors including culture, history, and societal norms. Nevertheless, since the launch of the International Statistical Poster Competition (ISLP) in 1994, a number of patterns have emerged to suggest there are some common or universal success factors in running statistical literacy competitions involving schools, universities, statistical offices, and many other institutions. This paper outlines some of those factors, such as institutional cooperation, celebrating participation and success, improvement of statistical literacy in the local schools, support for teachers, the involvement of national statistics institutes, and use of technology. These factors have been identified from our own experience running the competition and from articles submitted to the ISLP newsletters. Statistical literacy is a complex phenomenon, and so this is neither an exhaustive list of key factors nor a formula for success, but rather an overview of recurring themes across countries participating in the competition around the world. First published May 2017 at Statistics Education Research Journal Archives


The Winners ◽  
2011 ◽  
Vol 12 (2) ◽  
pp. 154
Author(s):  
Purwanto Purwanto

Every company has to be able to adapt with the environment in order to survive in the middle of the condition as mentioned. Therefore, the management is supposed to manage their organization in a good manner and more professional to plan and control the company’s activities. PT. Jaya Indah Casting as a multinational company is selected as a study case for a research that aims to analyze the external and internal business environment; identify and evaluate business strategic implemented; find the future alternative strategic to be implemented by the company. The external business environment is analyzed by common business environment (economic, political, ecology and technology), Porter’s competitive forces, driving forces and key success factors. The internal business environment will be analyzed by SWOT method, organization structure, financial reports, process mapping, contingency plan and benchmarking, which altogether will be combined to formulate business strategic for the future. Results show that to survive the development and win the competition, PT. Jaya Indah Casting should implement growing strategic, operational strategic (new field and new product, new customer, quality and customer satisfaction), location and machine/tools maintenance.  


2019 ◽  
Vol 2 (5) ◽  
Author(s):  
Dingchen Cui

Purpose: the aim of this research is to test the effect of financial ratio on the financial performance of tourism destination firms listed on stock exchange in China. The research selected ratios: current ratio (CR) as a dimension of liquidity, total asset turnover ratio (TATR) as a dimension of asset utilization, debt ratio (DE) as a dimension of leverage, natural logarithm of total asset (LNTA) as a dimension of firm size, GDP growth rate as a dimension of economic prosperity, and effective tax rate as a dimension of effective tax. This research will use return on asset (ROA), return on sales (ROS), return on equity (ROE) and sales growth (SG) to determine the financial performance. Since stock exchange founded in China, tourism destination firm developed very fast. However tourism destination listed firms have weakness financial performance. Design/methodology/approach: the research data collected from quarterly financial report, from 2012 Q1 to 2018 Q4. The secondary data has been analyzed by multiple regression. Finding: the result indicate that CR, TATR, GDP growth rate have positive impact on financial performance. While DE has negative impact on financial performance. And LNTA has a mix result with financial performance. Originality/value: This study led to the effect of financial ratios on tourism’s financial performance since past researches with this aim were difficult to identify and certain references were not specifically linked to the topic.


2020 ◽  
Vol 26 (2) ◽  
pp. 131-146
Author(s):  
Qiankun Wang ◽  
Weiwei Zuo ◽  
Qianyao Li

Harmony is the process of coordinated development between the elements, subsystems and the environment in each Engineering stage of the engineering implementation. Quality, duration, cost and risk are the key factors to achieve engineering harmony. Clarifying the influencing factors of engineering harmony and its mechanism can improve the possibility of success. The meta-analysis method is used to carry out a restudy of existing researches of engineering harmony. First, quality, duration, cost and risk are selected as the variables of achieving engineering harmony. Second, the paper collects 29 existing researches including many countries and regions around the world on the relationship between the variables and engineering harmony. Third, each value is calculated and corrected according to literature coding. Forth, publication deviation and total effect test are checked. Finally, the research conclusions and engineering management implications are given based on the results of meta-analysis. The results show that quality objective, duration objective, cost objective and risk management objective all have positive impact on achieving engineering harmony. The engineering type has no regulatory effect on positive impact of the duration objective and cost objective, but has regulatory effect on positive impact of the quality objective and risk management objective on the engineering harmony.


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