scholarly journals МЕРЕЊЕ ПЕРФОРМАНСИ БАНКАРСКОГ СЕКТОРА РЕПУБЛИКЕ СРБИЈЕ ПУТЕМ CAMELS МЕТОДА

TEME ◽  
2018 ◽  
pp. 961 ◽  
Author(s):  
Violeta Todorović ◽  
Srđan Furtula ◽  
Danijela Durkalić
Keyword(s):  
Performance Indicators ◽  
Banking Sector ◽  
Comprehensive Analysis ◽  
Bank Performance ◽  
Dynamic Relationship ◽  
Business Results ◽  
Successful Business ◽  
The Republic ◽  
The One

Realization of the undeniable role of banks in the functioning of the economic system assumes their successful business, based on the achievement of key financial performance. Interrelatedness and interdependence of bank performance indicators, their dynamic relationship, and interaction, on the one hand, as well as differences and contradictions, on the other hand, require precise monitoring and harmonization by banks, in order to achieve adequate business results and minimize negative financial developments. In this sense, it is very important to choose appropriate ways to measure and manage bank performance. A key role in this process belongs to a banking rating system, measured by CAMELS model. Therefore, the paper attempts a comprehensive analysis of bank performance measurement, using CAMELS model. The aim is to examine the possibility of applying this model to effectively measure the performance of the banking sector in the Republic of Serbia.

scholarly journals TRANSPARENCY OF FINANCIAL STATEMENTS AND COMPARATIVE ANALYSIS OF BANK LIQUIDITY, SOLVENCY AND PROFITABILITY INDICATORS IN THE REPUBLIC OF SERBIA AS AN INDICATOR OF BANK PERFORMANCE MEASUREMENT

2021 ◽  
Author(s):  
Bojana Novićević Čečević ◽  
◽  
Mirjana Jemović ◽  
Jovana Milenović ◽  
◽  
...  
Keyword(s):  
Financial Market ◽  
Banking Sector ◽  
Balance Sheet ◽  
Financial Statements ◽  
Bank Performance ◽  
Significant Information ◽  
Monetary Analysis ◽  
The Republic ◽  
Faster Development

The banking sector is an important segment of the economic system. Strengthening the role of the non-banking sector, liberalization and deregulation on the financial market have encouraged faster development and transformation of the banking sector. The analytical significance of banks’ balance sheet information was previously used primarily for statistical and monetary analysis. In modern conditions, the financial statements of banks are a significant information resource for many internal and external users. The paper aims to, through the analysis of liquidity, solvency and profitability indicators of the 5 largest banks in the Republic of Serbia, according to the criterion of balance sheet assets for the period from 2017 to 2019, point to their trend in the banking sector, bearing in mind that selected banks make half of the balance sheet assets of the sector.

scholarly journals How does market share affect the increase in the value of investment unit of voluntary pension funds?

2020 ◽  
Vol 68 (7-8) ◽  
pp. 457-468
Author(s):  
Boban Stojanović ◽  
Snežana Radukić ◽  
Milan Kostić ◽  
Zorana Kostić
Keyword(s):  
Market Share ◽  
Pension Funds ◽  
Empirical Literature ◽  
Dynamic Relationship ◽  
Unit Value ◽  
Static Approach ◽  
Market Factors ◽  
The Republic ◽  
The One ◽  
Competition Pressure

The importance of this research stems from highly concentrated markets of voluntary pension funds, on the one hand, and intensive competition pressure among market participants, on the other. The main purpose of this paper is to evaluate the static and dynamic relationship between a pension fund's market share and value of its investment unit. The research was designed to monitor the changes in the size of market share and investment units in the period from 2008 to 2017 in the funds in the Republic of Serbia. The main findings suggest that the size of market share of individual voluntary pension funds has no influence on the growth of investment unit value. Contrary to the static approach, the dynamic approach argues that the changes of market share affect the performance of voluntary pension funds. The obtained results indicate that the performances of individual pension funds do not depend on their size, but rather on their ability to occupy a larger portion of the market and increase their market share. This paper provides a systematic review of the relevant empirical literature on internal and external determinants of a pension fund's performance. It represents a significant contribution to the understanding of market factors, such as market share and value of investment units.

Successful Business Schools

2014 ◽  
pp. 222-237
Author(s):  
Mohammad Ayub Khan
Keyword(s):  
Emerging Markets ◽  
Performance Indicators ◽  
Business Schools ◽  
Academic Institutions ◽  
Success Stories ◽  
General Performance ◽  
The World ◽  
World Class ◽  
Successful Business

A handful of business schools in the world are famous in their respective countries of origin, but have also achieved global acclaim for their sustained and continued success as world-class academic institutions. This chapter describes some of these business schools and includes successful factors that have made them top quality institutions, such as general performance indicators used to rank and accredit business schools, common characteristics of success, as well as the role of ranking and accreditation as a source or force behind the fame and fortunes of such business schools. The chapter discusses the importance of national and international accreditation for the academic institutions and the pitfalls associated with accreditations. As examples of successful models, the chapter includes small success stories of business schools from emerging markets such as Pakistan and Mexico.

Successful Business Schools

2018 ◽  
pp. 1143-1159 ◽  
Author(s):  
Mohammad Ayub Khan
Keyword(s):  
Emerging Markets ◽  
Performance Indicators ◽  
Business Schools ◽  
Academic Institutions ◽  
Success Stories ◽  
General Performance ◽  
The World ◽  
World Class ◽  
Successful Business

A handful of business schools in the world are famous in their respective countries of origin, but have also achieved global acclaim for their sustained and continued success as world-class academic institutions. This chapter describes some of these business schools and includes successful factors that have made them top quality institutions, such as general performance indicators used to rank and accredit business schools, common characteristics of success, as well as the role of ranking and accreditation as a source or force behind the fame and fortunes of such business schools. The chapter discusses the importance of national and international accreditation for the academic institutions and the pitfalls associated with accreditations. As examples of successful models, the chapter includes small success stories of business schools from emerging markets such as Pakistan and Mexico.

Ethical values and bank performance: evidence from financial institutions in Malaysia

2020 ◽  
Vol 11 (1) ◽  
pp. 233-256
Author(s):  
Tuan Azma Fatiema Tuan Ibrahim ◽  
Hafiza Aishah Hashim ◽  
Akmalia Mohamad Ariff
Keyword(s):  
Banking Sector ◽  
Positive Association ◽  
Annual Reports ◽  
Bank Performance ◽  
Ethical Values ◽  
Return On Assets ◽  
Content Type ◽  
And Performance ◽  
The Relationship

Purpose The purpose of this study is to investigate the relationship between ethical values and performance in the context of the banking sector in Malaysia. Design/methodology/approach Based on the philanthropic model, this study posits that firms undertaking zakat and charity are ethical firms. Zakat disclosure index (ZDI) and charity disclosure index (CDI) were constructed to measure ethical values. This study hypothesises that ethical values are positively associated with bank performance. Ethical values (i.e. CDI and ZDI) and financial performance data (i.e. return on assets) were collected from the disclosures made in the annual reports of 50 banks for a period of five years (2010-2014). Findings A positive association was found between zakat disclosure and bank performance. The results indicate that higher zakat disclosure is associated with greater bank performance. However, no relationship was found between charity disclosure and bank performance. Research limitations/implications Considering the limitation of the index used in this study, other dimensions such as corporate governance, sustainability, products and environment can be considered in the development of index to measure ethical values in future studies. Originality/value This study offers additional explanation on the relationship between ethical values and performance by examining the role of zakat disclosures that characterize the unique aspects of Malaysian companies.

scholarly journals Bank performance variability and strands of inflationary conditions

2020 ◽  
Vol 29 (3) ◽  
pp. 235-253
Author(s):  
Rexford Abaidoo ◽  
Hod Anyigba
Keyword(s):  
Performance Indicators ◽  
Banking Sector ◽  
Key Performance Indicators ◽  
Bank Performance ◽  
Inflation Expectations ◽  
Content Type ◽  
Return On Equity ◽  
Macroeconomic Conditions ◽  
Macroeconomic Uncertainty ◽  
The Us

PurposeThis study seeks to examine the extent to which strands of inflationary related conditions (inflation expectations, inflation uncertainty and realized inflation); macroeconomic uncertainty and the likelihood of recessionary conditions influence performance indicators in the US banking sector over a specified time period.Design/methodology/approachThe study adopts seemingly unrelated regression model (SUR) advanced by Zellner (1962) in its examination of how specific strands of inflationary conditions, and other adverse macroeconomic conditions influence performance dynamics in the US banking sector.FindingsEmpirical evidence suggest that among various adverse macroeconomic conditions examined, inflation expectations and macroeconomic uncertainty tend to have significant constraining impact on key performance indicators in the US banking sector than other conditions examined. Comparatively, this study finds that inflation expectations and macroeconomic uncertainty tend to have much more constraining impact on return on equity, than on return on assets in the US banking sector. Results further suggest that among the three bank performance indicators examined, net interest margin is the least vulnerable bank performance indicator to various adverse macroeconomic conditions examined in the study.Practical implicationsApart from the various empirical results noted above, this study's findings are projected to help inform strategic planning decisions among institutions in the banking sector. The various findings could, for instance, inform policies and operational strategies geared toward reducing vulnerability associated with specific performance indicators such as return on equity. This reduction could be achieved by critically examining how the various performance indicators react to individual adverse macroeconomic conditions examined in this study. The process could ultimately help in developing tailored measures/procedures aimed at reducing how susceptible key performance indicators are to the various adverse macroeconomic conditions. This study's findings could also provide the platform for more adaptive policies aimed at minimizing the effects of noted macroeconomic conditions on operational efficiency in the banking sector.Originality/valueThe uniqueness of this study, compared to related ones found in the literature, stems from its treatment of three variant of related strands of macroeconomic condition (different variant of inflationary conditions) in the same framework in its empirical analysis.

Political Theory and Partisan Politics. Edited by Edward Bryan Portis, Adolf G. Gunderson, and Ruth Lessl Shively. Albany: State University of New York Press, 2000. 226p. $59.50 cloth, $19.50 paper.

2001 ◽  
Vol 95 (2) ◽  
pp. 467-468
Author(s):  
James S. Fishkin
Keyword(s):  
New York ◽  
Political Theory ◽  
Partisan Politics ◽  
State University ◽  
The Republic ◽  
The One ◽  
Standing Problem

What is the role of political theory in a world of partisan politics? Various approaches to this long-standing problem are raised in this stimulating collection of essays. Arlene Saxonhouse begins the volume by usefully reminding us of Plato's metaphor of the ship in book 6 of the Republic, in which self-interested sailors fight over the boat's direction "while the one who knows how to guide the boat, who can read the stars, stands aft staring upward and is considered useless" (p. 19). Similarly in the Assembly, self-interested rhetoricians may sway the crowd, without any concern for the pursuit of truth.

scholarly journals ПОКРЕТАЊЕ ПОСТУПКА НОРМАТИВНЕ КОНТРОЛЕ ПРАВА У РЕПУБЛИЦИ СРБИЈИ

TEME ◽  
2019 ◽  
pp. 1419
Author(s):  
Bálint Pásztor
Keyword(s):  
Rule Of Law ◽  
Constitutional Court ◽  
The Rule Of Law ◽  
Democratic Culture ◽  
Advantages And Disadvantages ◽  
Institutional Values ◽  
The Law ◽  
The Republic ◽  
The One

The author of the article analyzes the specificities of the normative control of the law, i.e. the procedure of assessing the constitutionality and legality of the law in the Republic of Serbia, with the aim of detecting historical and legal preconditions of the effective functioning of the rule of law. The historical perspective of the development of the constitutional judiciary in the Socialist Federal Republic of Yugoslavia and the Republic of Serbia, as well as the analysis of the experiences of various systems of control of constitutionality and legality, open the contextual, scientific-historical and pragmatic dimensions of understanding. The specificity of the system of normative control is reflected in its triplicity, meaning that three institutes are known that characterize different procedural possibilities (to initiate the process of assessing the constitutionality and legality of general acts). The paper is written in order to point out the dichotomy of the proposal and initiative of the procedure of the assessment of constitutionality and legality, as well as the advantages and disadvantages of the ex officio procedure. Furthermore, the author wanted to point out the essential and procedural differences between the proposal, the initiative and the constitutional complaint, especially analyzing the purpose of retaining the institute of the initiative in the light of the existence of the constitutional complaint and the fact that the initiative does not imply the automation of the initiation of proceedings. The dilemma that the article opens concerns the possibility that in the case of abolishing the initiative as an institution accessible to all, is it possible to preserve the democratic culture and the participation of citizens, furthermore is it possible to abolish the fundamental institutional values and freedoms of a legal state and the rule of law? The paper opens other issues of importance for the establishment of an effective constitutional architecture that concern: the width of the circle of authorized proposers of normative control before the Constitutional Court; the dual role of the constitutional judiciary: on the one hand protection of the Constitution, constitutionality and legality, on the other hand effective protection of human and minority rights and freedoms.

scholarly journals Religious Cultures and Confessional Politics

2021 ◽  
Author(s):  
Todd H. Weir ◽  
Udi Greenberg
Keyword(s):  
Weimar Republic ◽  
Social Dynamics ◽  
German State ◽  
Political Struggles ◽  
National Socialists ◽  
Religious Cultures ◽  
The Republic ◽  
The One ◽  
Role Of Religion

This chapter argues that the role of religion in the political and social dynamics of the Weimar Republic was determined by two axes of confessional conflict. Alongside the Catholic–Protestant antagonism, there were also significant tensions between secularism and Christianity. Both axes contributed to the formation of different social milieus during the Kaiserreich and supported their continued articulation during the Weimar Republic. The chapter explores developments within the milieus, such as the significant growth and radicalization of freethought within the socialist and communist parties, as well as the shifting relationships between them, which created a fractured and complex set of political struggles, compromises, and alliances. The republic was bookended by efforts to overcome confessional divides in Germany through revolutionary means, on the one hand through the aborted attempt to fully secularize the German state in 1918 and, on the other, the campaign by the National Socialists to win Christian support by calling for ‘positive Christianity’ to heal Germany’s confessional divide by unifying Protestants and Catholics and destroying secularism.

Customer-contact employees’ empowerment and customer performance

2019 ◽  
Vol 69 (9) ◽  
pp. 1833-1859
Author(s):  
Sarra Berraies ◽  
Rached Chtioui ◽  
Mehrez Chaher
Keyword(s):  
Performance Indicators ◽  
Structural Equation ◽  
Banking Sector ◽  
Two Dimensions ◽  
Customer Relationship ◽  
Equation Modeling ◽  
Customer Contact ◽  
Content Type ◽  
Mediating Role

Purpose The purpose of this paper is to explore the relationship between the customer-contact employees’ (CCE) empowerment and customer performance indicators, namely, perceived service quality (PSQ), customer satisfaction (CS), customer loyalty (CL) and word-of-mouth (WOM). The authors deepen the analysis by highlighting the mediating role of the dimensions of the customer relationship management (CRM) effectiveness in this link. The authors also investigate links between customer performance indicators. Design/methodology/approach An empirical study was carried out on the basis of a questionnaire administrated to a sample of 215 Tunisian bank CCE and 516 customers. Data analysis was performed using the structural equation modeling method. Findings Findings reveal that the CCE’ empowerment contributes to PSQ, CS and all the dimensions of CRM effectiveness which in turn are key factors of customer performance. This research also outlines the mediating role of two dimensions of the CRM effectiveness, namely, organizational commitment and customer experience between CCE’ empowerment and PSQ and CS, respectively. In addition, the study highlights that PSQ improves CS which is positively linked to CL. Finally, loyal customers tend to generate positive WOM. Originality/value Few studies have investigated the effects of the CCE’ empowerment on PSQ, CS, CL and positive WOM, especially in the banking sector. This research fills this gap by highlighting the mediating role of the dimensions of the CRM effectiveness in these links. This paper offers interesting insights to bankers by providing them with tools to improve their customers’ relationship. In this sense, banks must bet on the proximity of the CCE as a key asset that allows creating a real sense of closeness with customers and offers lighting to banks on how to create customized marketing approaches to ensure customer performance.

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