scholarly journals DEVELOPMENT OF THE FINANCIAL SECURITY SYSTEM OF THE BANKING

2021 ◽  
Vol 5 (40) ◽  
pp. 16-27
Author(s):  
B. Fedorushchenko ◽  
О. Baranovskyi
Keyword(s):  
National Economy ◽  
Banking Sector ◽  
Jel Classification ◽  
Security System ◽  
Financial Security ◽  
Economic Agents ◽  
Financial Interests ◽  
Object Oriented Approach ◽  
Definition Of ◽  
Organic Combination

Abstract. This study determines the preconditions and significance of the development of the system of financial security of the banking sector (FSBS) of the national economy, reveals gaps in modern coverage of this issue and highlights the approaches to the development of the system of FSBS provision. The author has critically analyzed the views of researchers on the provision of FSBS described in the economic literature and theses on this issue. It has been discovered that the issues of definition of the specific objects of banking security remains unsolved; providing FSBS is sometimes limited by the development and implementation of its strategy, which does not take into account the whole set of close ties of different economic agents, their various entities and government agencies, sectors of the national economy, as well as existing differences in their economic / financial interests; the destructive influence of the endogenous environment of the banking sector is not taken into account. According to the author’s definition, presented in the article, the system of FSBS provision is an organic combination of security subsystems that are continuously developing on a stable planned basis by the system entities to achieve its goals, perform tasks of a conceptual / strategic nature according to object-oriented approach to FSBS provision; a set of optimally alternative and coordinated preventive, current and corrective measures. Based on the study it has been defined what determines the effectiveness of such a system. It has been also determined that the development and further functioning of the system of FSBS provision should be based on the relevant concept, strategy, policy, priorities and current measures, reasonable definition of goals and objectives of such system, its subject, objects and subjects, principles of development and functioning, mechanisms, methods and tools for providing FSBS, determining reserves to increase its level as well as high-quality security support subsystems of the system of FSBS provision. The author’s vision of the components of the development of system of FSBS provision is described. Keywords: financial security, financial security system of the banking sector, principles of development of the financial security system of the banking sector, purpose, objective, object, subject, banking sector JEL Classification G21 Formulas: 0; fig.: 1; tabl.: 0; bibl.: 12.

scholarly journals The role of executive bodies as subjects of the economic security system of Ukraine

2021 ◽  
pp. 86-92
Author(s):  
V.I. Melnyk
Keyword(s):  
National Economy ◽  
Legal Status ◽  
Economic Security ◽  
Security System ◽  
Effective Protection ◽  
Proper Functioning ◽  
National Economic ◽  
The Stability ◽  
Definition Of

The article is devoted to the role of executive bodies as subjects of the economic security system of Ukraine. Attention is drawn to the importance of effective administrative activity as one of the basic preconditions for the proper functioning of various branches of the economic sector. It is noted that such activity is of great strategic importance in the issues of ensuring the stability of the national economy and facilitating the necessary development of the latter. An attempt is made to prove that an important role, given their goals, objectives, functions and constitutionally established appointments, is assigned to the executive authorities to facilitate the proper functioning of the national economic system. It has been noted that, among all other bodies of State power, entities have undoubtedly played a significant role in this process and have a special place in the existing State machinery. Attention is drawn to the issues of the concept, as well as to the definition of the structure of the administrative and legal status of the subjects in question. The purpose, tasks and functions of executive bodies as subjects of the system of economic security of Ukraine are defined and characterized. Competence of the said structures in this direction of scientific research is determined, key powers of executive authorities as subjects of the national system of economic security are singled out. It is noted that great importance is given to development of general and coordinated activity of executive authorities, taking into account complexity and multifaceted nature of national economy. It has been noted and an attempt has been made to prove that strengthening external and internal cooperation is a weighty prerequisite for the effective protection of the economic component. It is pointed out that this is especially important in the context of active globalization processes, including those related to the economic sphere. It is noted that such practice also takes place in most EU countries and shows positive statistics from this activity.

scholarly journals Financial and economic security system strategic management as an independent direction of management

2019 ◽  
Vol 65 ◽  
pp. 03001 ◽  
Author(s):  
Oleksandr Cherevko ◽  
Serhiy Nazarenko ◽  
Nataliia Zachosova ◽  
Nataliia Nosan
Keyword(s):  
Strategic Management ◽  
Systematic Approach ◽  
Economic Security ◽  
Security System ◽  
Financial Security ◽  
Security Strategy ◽  
Model Of Management ◽  
Independent Direction ◽  
Definition Of ◽  
Conceptual Foundations

The scientific views of domestic researchers regarding the definition of financial and economic security using the basics of the systematic approach are generalized. The author's vision on the definition of financial and economic security system is proposed. The main shortcomings of existing approaches to the process of formation of financial and economic security system as an object of management are revealed and systematized. The main defects and miscalculations in security management both – at the micro and macro levels are identified. The 16-component model of management of financial and economic security (PROM) was proposed. The conceptual foundations of security oriented strategic management are specified. Three strategies offered for achieving economic and financial security: Strategy for achieving financial and economic security on the basis of branding, image and reputation (BIR strategy), Strategy for achieving financial and economic security through partnerships with stakeholders and ensuring their interests (Strategy of PIS), Strategy for achieving the state of financial and economic security through the interconnection of experts, control and standardization (Strategy of ECS).

scholarly journals Key Ratios Analysis between Conventional and Islamic Banking in Bangladesh

2016 ◽  
Vol 5 (2) ◽  
pp. 77-84
Author(s):  
Ayesha Siddiqua ◽  
A. N. M. Minhajul Haque Chowdhury ◽  
Md. Jahangir Alam Siddikee ◽  
Abu Sayed Md. Mahmudul Haque Chowdhury ◽  
Shahnaz Parvin
Keyword(s):  
National Economy ◽  
Banking Sector ◽  
Jel Classification ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Return On Equity ◽  
Classification Code ◽  
G 21 ◽  
Return On Capital ◽  
Conventional Banks

The proliferation of banking sector is an indicator of economic growth in Bangladesh. Conventional Banks as well as the Islamic Banks significantly influence the national economy although there are a number of dissimilarities between the two banking systems. This study was carried out to identify the differences of Conventional and Islamic Banking sectors in terms of ratio analysis. A total of 10 banks in which 5 Conventional and 5 Islamic banks were selected for the study. Some key financial ratios were being used for the analysis. It is found from the study that the Conventional and Islamic Banks had much influence on the national economy as they hold the deposit of general public and invest the funds in profitable projects. The earnings per share (EPS), return on asset (ROA), return on equity (ROE) and return on capital employed (ROCE) were greater in Islamic Banks. It clearly indicates that the Islamic Banks were more profitable and performing a good job in the context of Bangladesh although people preferred Conventional Banking most. JEL Classification Code: G 21

scholarly journals Financial Security of the Banking System of Ukraine: The Essence and Evaluation

2021 ◽  
Vol 1 (516) ◽  
pp. 243-251
Author(s):  
Y. Y. Mordan ◽  
◽  
O. S. Zhuravka ◽  
K. V. Didenko ◽  
Y. I. Kravchenko ◽  
...  
Keyword(s):  
Coming Out ◽  
Banking Sector ◽  
Comprehensive Evaluation ◽  
Significant Proportion ◽  
Banking System ◽  
Current Status ◽  
Financial Security ◽  
The Status ◽  
Definition Of ◽  
Security Indicators

The article is aimed at defining the essence of financial security of the banking system (FSBS) and carrying out a comprehensive evaluation of its current status. The article examines and systematizes the publications of scholars on the definition of «financial security of the bank». To examine the status of the FSBS, the indicators of resource-forming, credit, investment activities of banks and the dynamics of their income and expenses are analyzed. In the course of analysis, it was found out that the indicators of the resource-forming and investment components of the banking sector of Ukraine have positive dynamics and do not pose threats to its financial security. The analysis of credit security indicators identified a significant threat to the financial security of the banking system – a significant proportion of non-performing loans. The dynamics of incomes and expenses of the banking sector has demonstrated that the banking system is gradually coming out of the crisis and has a positive financial result since 2018. To summarize the analysis, both the indices and the integral indicator of the FSBS were computed in accordance with the methodological recommendations of the Ministry of Economic Development and Trade of Ukraine, the results of computing led to conclusion that the financial security of the banking system of Ukraine is at a dangerous level. Prospects for further research are condition due to the low level of financial security of the banking system of Ukraine and the need to develop a set of measures aimed at improving the overall level of financial security of the banking system.

Central Otago - Built on gold, growing on grass.

2014 ◽  
Vol 76 ◽  
pp. 15-23
Author(s):  
Barrie J. Wills
Keyword(s):  
Economic Growth ◽  
Land Use ◽  
National Economy ◽  
Local Community ◽  
Central Government ◽  
Future Generations ◽  
Economic Potential ◽  
District Council ◽  
Definition Of

A warm welcome to our "World of Difference" to all delegates attending this conference - we hope your stay is enjoyable and that you will leave Central Otago with an enhanced appreciation of the diversity of land use and the resilient and growing economic potential that this region has to offer. Without regional wellbeing the national economy will struggle to grow, something Central Government finally seems to be realising, and the Central Otago District Council Long Term Plan 2012-2022 (LTP) signals the importance of establishing a productive economy for the local community which will aid in the economic growth of the district and seeks to create a thriving economy that will be attractive to business and residents alike. Two key principles that underpin the LTP are sustainability and affordability, with the definition of sustainability being "… development that meets the needs of the present without compromising the ability of future generations to meet their own needs."

Role of The Halal Industry in Recovering the National Economy in Covid-19 Pandemic

2020 ◽  
Vol 8 (2) ◽  
pp. 202-214
Author(s):  
Cucu Susilawati
Keyword(s):  
National Economy ◽  
Banking Sector ◽  
Developed Countries ◽  
Online News ◽  
Financial Industry ◽  
National Economic ◽  
Halal Food ◽  
Vigorous Growth ◽  
Business Sectors

The outbreak of the Covid-19 pandemic in Indonesia is attacking not only public health but also the economy. The presence of Covid-19 has many important impacts on developed countries. There are at least four industries most impacted by this pandemic, including households, MSMEs, companies and the financial industry. However, the halal industry is believed to be more resilient to the Covid-19 pandemic. This durability is because of the principles attributed to the halal sector, namely the importance of fairness, balance and openness. The author’s goal is therefore to carry out more in-depth research on the role of the halal industry in supporting the national economy, which is under pressure because of the COVID-19 pandemic. This type of study is a literature review with a material analysis approach that explores the conditions of the halal industry in Indonesia in depth. The material received is as books, published information, and online news. The findings of this study reveal that there are three halal business sectors that are believed to be more vulnerable to the Covid-19 pandemic in order to facilitate national economic recovery. Halal finance, halal food and halal fashion industries are among them. Halal finance from both the banking sector and the Islamic stock market has proved to be more robust than the mainstream financial sector. Besides guaranteed halal food, its wellbeing is also guaranteed, and halal fashion is now on the rise as Muslim fashion is increasingly innovative and global. We believe the three of them to have experienced vigorous growth, and also to continue to draw customers. And also after the Covid-19 pandemic, these three sectors could survive. Thus the halal industry also contributes to Indonesian economy.

scholarly journals “Hey everyone, look at me helping you!”: A contingency view of the relationship between exhibitionism and peer-oriented helping behaviors

2021 ◽  
pp. 031289622110095
Author(s):  
Dirk De Clercq ◽  
Renato Pereira
Keyword(s):  
Banking Sector ◽  
Helping Behavior ◽  
Jel Classification ◽  
Sufficient Information ◽  
Work Functioning ◽  
Informational Justice ◽  
Personal Resource ◽  
Contingency View ◽  
Organizational Procedures ◽  
The Relationship

This research investigates how an understudied personal resource (exhibitionism) might positively connect with peer-oriented helping behavior, as well as how this connection might be invigorated by four pertinent contextual resources: two resources that speak to beliefs about fair organizational treatment (informational justice and procedural justice) and two resources that capture how employees feel about their work functioning (job satisfaction and organizational commitment). Two-wave survey data collected among banking sector employees reveal that their desire to be the center of attention is associated with an enhanced propensity to extend help to other organizational peers, voluntarily. This process also is more likely when employees (1) believe that organizational authorities provide them with sufficient information, (2) perceive organizational procedures as fair, (3) feel happy with their current job situation, and (4) experience a strong emotional bond with their employer. JEL Classification: M50

The Economic Imperative: Cities Need Migrants

2021 ◽  
pp. 001946622110132
Author(s):  
Astha Agarwalla ◽  
Errol D’Souza
Keyword(s):  
Rural Areas ◽  
Urban Areas ◽  
Large Scale ◽  
Market Failure ◽  
Jel Classification ◽  
Industry Concentration ◽  
Wage Curve ◽  
Economic Agents ◽  
Reverse Migration ◽  
Local Labour

The policy responses to Covid-19 have triggered large-scale reverse migration from cities to rural areas in developing countries, exposing the vulnerability of migrants living precarious lives in cities, giving rise to debates asserting to migration as undesirable and favouring policy options to discourage the process. However, the very basis of spatial concentration and formation of cities is presence of agglomeration economies, benefits accruing to economic agents operating in cities. Presence of these agglomeration benefits in local labour markets manifests themselves in the form of an upward sloping wage curve in urban areas. We estimate the upward sloping wage curve for various size classes of cities in Indian economy and establish the presence of positive returns to occupation and industry concentration at urban locations. Controlling for worker-specific characteristics influencing wages, we establish that higher the share of an industry or an occupation in local employment as compared to national economy, the desirability of firms to pay higher wages increases. For casual labourers, occupational concentration results in higher wages. However, impact of industry concentration varies across sectors. Results supporting presence of upward sloping urban wage curve, therefore, endorse policies to correct the market failure in cities and promote migration as a desirable process. JEL Classification Codes: J2, R2

ECONOMIC THEORIES OF COMPETITION, WHICH DETERMINE THE CONDITIONS AND FACTORS OF FORMATION OF TECHNOLOGICAL COMPETITIVENESS OF THE NATIONAL ECONOMY

2021 ◽  
Vol 296 (4) ◽  
pp. 100-104
Author(s):  
Yaroslav BEREZIVSKYI ◽  
Keyword(s):  
National Economy ◽  
Technology Implementation ◽  
Competitive Advantages ◽  
Economic Agents ◽  
Economic Theories ◽  
Intellectual Resource ◽  
Wide Range ◽  
Innovation And Technology ◽  
The Difference ◽  
Technological Competitiveness

A significant number of scientific economic theories have been identified, which substantiate the essential characteristics of the technological competitiveness of the national economy. The difference between each of the theories is due to the evolution of economic development, conditions and factors of formation, as well as directions and means (tools) to ensure the technological competitiveness of the national economy. The conditions and factors of formation of technological competitiveness of the national economy according to economic theories of competition – blue ocean, global advance of competitors, competitive advantages, cyclical development of economy, neoliberalism, structuring are allocated. In each of the theories of competition as their historical evolution, the technological competitiveness of the economy was considered in the context of access and ability to effectively use technological resources, the formation of the market of innovation and technology, implementation of state policy to stimulate innovation. Taking into account theories of competition allows to clarify the important characteristics of technological competitiveness of the national economy, which relate to determining the influence of society, state, market environment, globalization and informatization on the creation and implementation of technologies in economic processes, economic competitiveness. Analysis of the evolution of scientific views shows the high intensity of changes in the field of competition and provides a wide range of conditions and factors for the formation of technological competitiveness, the development of economic agents. Accordingly, the lack of opportunities for technological and innovative development of national producers should be regarded as the main threat to the competitiveness of the economy. These are market, infrastructural, technological, innovative, intellectual, resource and other trends, in the context of which it becomes possible to effectively use competitive opportunities.

Ensuring Sustainable Development of Economic Agents by Methods of Quality Management in the Era of Digitalization

2021 ◽  
pp. 81-100
Author(s):  
Vladimir V. Okrepilov ◽  
Alexander V. Babkin ◽  
Natalia V. Zlobina ◽  
Svetlana N. Kuzmina ◽  
Tatiana A. Salimova
Keyword(s):  
Sustainable Development ◽  
Quality Management ◽  
National Economy ◽  
Project Based Learning ◽  
Corporate Management ◽  
The Sustainable Development ◽  
Global Trends ◽  
Economic Agents ◽  
The Impact

The article examines the objectively existing in modern conditions of economic agents' activity the need to introduce and apply approaches based on the use of quality management methods in internal corporate management. The authors noted that one of the global trends of the XXI century. Is the structural transformation of the world economy associated with the active development and implementation of information and telecommunication (digital) technologies in the real economic processes of both society and business. The authors assess the approach widespread in Russia based on quality management methods in the formation of control systems for the activities of economic agents of the national economy in the context of digital transformation in order to ensure their sustainable development; the analysis of the formation of promising directions for the development of communities, declared by UNESCO, in conditions of instability, complexity and uncertainty was carried out; the toolkit for digitalization of quality management of the education system is considered, in particular, the use of project-based learning to improve the quality of knowledge obtained and assess the impact on the sustainable development of universities, the education sector in general and economic agents of the national economy, taking into account digitalization and global risks. The authors see further areas of research in modeling risks and assessing their impact on ensuring sustainable development of economic agents, socio-economic processes of the national economy and society as a whole by quality management methods in the context of digitalization of the economy.

Sign in / Sign up

Export Citation Format

Share Document