scholarly journals Financial leasing in Albania and the impact that internal factors of a SME would have on the probability to be financed by lease

2020 ◽  
Vol 6 (53) ◽  
pp. 189-198
Author(s):  
Fatjola Lubonja ◽  
Blerina Gjylameti ◽  
Sllavka Kurti
Keyword(s):  
Logistic Regression ◽  
World Bank ◽  
Direct Impact ◽  
Internal Factors ◽  
Business World ◽  
Financial Leasing ◽  
The Public ◽  
Business Financing ◽  
The Impact ◽  
Financing Option

AbstractSmall- and medium-sized enterprises (SMEs) are the backbone of the economy and their need to be financed remains one of the most discussed topics in the business world (World Bank, 2014; IFC, 2010). Financial leasing is a midterm financial instrument mainly used for the procurement of machinery, equipment, tools and/or property (IFC, 2009). Although the financial leasing in Albania started in 2001, this form of business financing has experienced difficulties in spreading, getting recognised and being used by the public in Europe which is different from other countries. About 19 years after the creation of the first leasing companies, this financing option continues to be used at a low scale by businesses and individuals and it remains segmented into the market despite its large potential and the need for financing similar to SMEs. Why is financial leasing not yet used in Albania and which are some of the factors that would influence its use in the future? The purpose of this article is to identify the reasons of why the financial leasing market in Albania is in stagnation and understand some of the factors that influence the demand from a SME to be financed through lease. To achieve this and understand firms’ behaviour, questionnaire has been distributed to companies that have used lease to finance their asts and those that have never used it before. The model used to analyse the results of the questionnaires is the logistic regression. As we will see through the article, factors in need for financing by SMEs or the knowledge firms have about leasing have a direct impact on the possibility of firms to use lease.

Corporate social responsibility (CSR) and the COVID-19 pandemic: organizational and managerial implications

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Archie B. Carroll
Keyword(s):  
Business World ◽  
Content Type ◽  
The Public ◽  
Social Responsibilities ◽  
News Reports ◽  
Stakeholder Groups ◽  
Global Pandemic ◽  
Managerial Implications ◽  
Corporate Social ◽  
The Impact

PurposeThe purpose of this paper is twofold: First, to provide an overview of the COVID-19 pandemic and its holistic impacts and implications for organizations and management. Second, to report what organizations have been doing via their corporate social responsibilities about the pandemic. Research implications for academics are offered.Design/methodology/approachThe approach taken in this article was to survey the literature and news reports about the impact of the COVID-19 pandemic and to summarize results. Further, the approach was to analyze these findings using my four-part CSR construct examining economic, legal, ethical and philanthropic impacts, implications, and responsibilities.FindingsIt was found that the COVID-19 pandemic has had important impacts and implications for most spheres or sectors of the business world. Employees, consumers and communities have been the most significantly affected, but other stakeholder groups in societies are being impacted as well. The global pandemic is putting CSR to the test, and the emerging evidence supports the idea that many companies are striving to reset their CSR thinking and initiatives to accommodate this crisis and to meet what the public expects of them.Originality/valueMuch of this paper involved reporting findings that have appeared in the literature and news. The originality involved interpreting and analyzing stakeholders affected, and how managers have been responding to these challenges. Strategic recommendations are offered.

scholarly journals SWOT ANALYSIS OF MANUFACTURING UNIT PRODUCTION PERFORMANCE IN SMK NEGRI 7 SURABAYA INCREASING THE QUALITY OF GRADUATES

2019 ◽  
Vol 17 (2) ◽  
pp. 165-178
Author(s):  
Rintis Yona
Keyword(s):  
Public Policy ◽  
School Environment ◽  
Swot Analysis ◽  
Evaluation Model ◽  
Production Performance ◽  
Business World ◽  
Policy Model ◽  
The Public ◽  
Education And Employment ◽  
The Impact

The impact is that many of the SMK, SMA and MA graduates have not been able to compete in the business world and in the Industrial world especially the SMK that dominates Surabaya's open unemployment rate of 11.74 percent, from the data indicating that there is a poor relationship between education and employment. The public policy model implemented in SMKs in Surabaya including SMK N 7 Surabaya is still centralized at the central of government. The impact of these policies is the implementation of policies that seem slow and not on target. The relationship between schools and business actors also does not work well if it is based on not absorbing graduates of SMK N 7 Surabaya in the fields of work around the school environment. This research intends to examine more deeply the public policy of the management of production units in SMKs and the models that can improve the management of SMK industrial units, where later than reporting these SMK production units becomes clear, it is hoped that the performance of these production units will also increase. The public policy evaluation model which is used as the basis for this research theory is to compare the results obtained with the objectives or targets of public policy determined to assess how far a public policy can produce results. Based on the research that has been done, a conclusion can be drawn that SMK N 7 Surabaya is in an unfavourable condition in using its internal strengths to overcome internal weaknesses. The public policy model in the management of the production unit of SMK 7 N Surabaya as a whole is in the good category with average scores, an average of 77.33%.

scholarly journals PENGARUH KRISIS EKONOMI 2008 DAN FAKTOR FUNDAMENTAL TERHADAP PENYALURAN PEMBIAYAAN BANK SYARIAH DI INDONESIA

2020 ◽  
Vol 4 (1) ◽  
pp. 125-124
Author(s):  
Ali Muhayatsyah
Keyword(s):  
Financial Performance ◽  
Economic Crisis ◽  
Internal Factors ◽  
The Public ◽  
Islamic Bank ◽  
Business Operations ◽  
Bank Financing ◽  
Additional Funding ◽  
Bad Loans ◽  
The Impact

Abstract In conducting Islamic bank intermediation, internal and external indicator is needed in financial activities. In this research, the indicators that taken into consideration by Islamic bank in the public financial is the economic condition as an external factor. In this particular case the researcher observed the period of the economic crisis of 2008 as the subject year. The second indicator is the basic factor in the form of financial performance which is a controlling factor on the performance of Islamic bank financing. The result of this research explained that the external and internal factors in the decision-making of Islamic banks allocating funds to the public under conditions of economic crisis is influenced by inflation, deposits and net performing financing. The high inflationrate will increase the Islamic bank financing. The impact inflicted by the rising inflation is extra fund for financial needs that must be spent by the Islamic bank due to customers requiring additional funding to support their business operations. Other indicators, the more public funds are collected, hence can be used in distributing the Islamic bank financing. The other indicator is, when more people are taking bad loans during the crisis. The Islamic bank constantly doing the distribution of funding. Those effects occurred because in overcoming the risk of bad loans, the Islamic bank undertakes diversification and supervision toward the disbursed financing. With such undertaking will make the Islamic bank become more selective in determining the financing on public. Keywords: Macroeconomics, Economy Crysis, Financial Performance, Financing   Abstrak Dalam menjalankan intermediasi bank syariah memerlukan indikator internal maupun eksternal dalam melancarkan kegiatan pembiayaan. Dalam penelitian ini, indikator yang menjadi pertimbangan bank syariah dalam pembiayaan kepada masyakarat adalah kondisi perekonomian sebagai faktor eksternal, dalam hal ini peneliti mengamati pada saat kondisi krisis ekonomi tahun 2008 sebagai tahun acuan. Indikator kedua adalah faktor fundamental berupa kinerja keuangan yang merupakan faktor pengendalian kinerja bank syariah terhadap pembiayaan. Hasil penelitian ini menjelaskan bahwa faktor eksternal dan internal bank syariah dalam keputusan menyalurkan dana kepada masyarakat dalam kondisi krisis ekonomi dipengaruhi oleh faktor inflasi, dana pihak ketiga dan net performing financing. Inflasi yang tinggi akan meningkatkan pembiayaan bank syariah. Akibat yang ditimbulkan dari meningkatnya inflasi adalah adanya tambahan dana pembiayaan yang harus dikeluarkan bank syariah dikarenakan nasabah pembiayaan membutuhkan tambahan biaya untuk menunjang kegiatan usahanya. Indikator lainnya, semakin banyak dana masyarakat yang terkumpul maka dapat digunakan bank syariah dalam menyalurkan pembiayaan. Indikator lainnya, ketika kredit macet mengalami kenaikan saat krisis maka bank syariah tetap melakukan penyaluran pembiayaan. Pengaruh tersebut terjadi karena bank syariah dalam mengatasi peningkatan risiko kredit macet melakukan diversifikasi dan pengawasan terhadap pembiayaan yang disalurkan, Dengan adanya upaya tersebut akan membuat bank syariah lebih selektif dalam memutuskan pembiayaan kepada masyarakat. Kata kunci: Ekonomi Makro, Krisis Ekonomi, Kinerja Keuangan, Pembiayaan.

PENGARUH PROFITABILITAS, LIKUIDITAS, KEPEMILIKAN PUBLIK DAN REPUTASI KAP TERHADAP KETEPATAN WAKTU PELAPORAN

2013 ◽  
Vol 9 (1) ◽  
pp. 59
Author(s):  
Umi Murtini ◽  
Yusefin Puspa Tirtaningrum
Keyword(s):  
Logistic Regression ◽  
Regression Analysis ◽  
Capital Market ◽  
Public Enterprise ◽  
Public Ownership ◽  
Financial Report ◽  
The Public ◽  
User Demand ◽  
The Impact ◽  
Important Character

Punctuality is important character in reporting the financial report besides main report and note of financial report. Delay of financial report publication will destract its user. Demand of its punctuality in delivering financial report of public enterprise in Indonesia is regulated on UU No. 8, 1995 on capital market and based on BAPEPAM chief’s decision No.36/PM/2003 on regular financial report obligation. This research aims to test the impact of profitability, liquidity, public ownership and KAP reputation towards punctuality on reporting the financial report. The test is using logistic regression analysis. The result shows that profitability, liquidity, and KAP reputation do not affect toward the punctuality on reporting the financial report, meanwhile the public ownership affects the punctuality on reporting the financial report. Keywords: punctuality, KAP reputation, financial report.

Ease of Doing Business and Its Impact on Inward FDI

2018 ◽  
Vol 1 (1) ◽  
pp. 52 ◽  
Author(s):  
Mohamed Tareq Hossain ◽  
Zubair Hassan ◽  
Sumaiya Shafiq ◽  
Abdul Basit
Keyword(s):  
Regression Model ◽  
Causal Relationship ◽  
World Bank ◽  
Least Square ◽  
Doing Business ◽  
Least Square Regression ◽  
Foreign Countries ◽  
Ease Of Doing Business ◽  
The Impact ◽  
Starting A Business

This study investigates the impact of Ease of Doing Business on Inward FDI over the period from 2011 to 2015 across the globe. This study measures ease of doing business using starting a business, getting credit, registering property, paying taxes and enforcing contracts. The research used a sample of 177 countries from 190 countries listed in World Bank. Least square regression model via E-views software used to examine causal relationship. The study found that ease of doing business indicators ‘Enforcing Contracts’ was found to have a positive significant impact on Inward FDI. Nevertheless, ‘Getting Credit’ and ‘Registering Property’ were found to have a negative significant impact on Inward FDI. However, ‘Starting a Business’ and ‘Paying Taxes’ have no significant impact on Inward FDI in the studied timeframe of this research. The findings of the study suggested the ease of doing business enables inward FDI through better contract enforcements, getting credit and registering property. The findings of the research will assist international managers and companies to know the importance of ease of doing business when investing in foreign countries through FDI.

Evaluation of the impact of public investment programs on social and economic performance of territories

2019 ◽  
pp. 109-123
Author(s):  
I. E. Limonov ◽  
M. V. Nesena
Keyword(s):  
Bayesian Modeling ◽  
Positive Impact ◽  
Public Investment ◽  
Difference In Differences ◽  
The Public ◽  
Export Activity ◽  
Regional Investment ◽  
The Difference ◽  
The Impact ◽  
Development Institution

The purpose of this study is to evaluate the impact of public investment programs on the socio-economic development of territories. As a case, the federal target programs for the development of regions and investment programs of the financial development institution — Vnesheconombank, designed to solve the problems of regional development are considered. The impact of the public interventions were evaluated by the “difference in differences” method using Bayesian modeling. The results of the evaluation suggest the positive impact of federal target programs on the total factor productivity of regions and on innovation; and that regional investment programs of Vnesheconombank are improving the export activity. All of the investments considered are likely to have contributed to the reduction of unemployment, but their implementation has been accompanied by an increase in social inequality.

#INCLUSION – THE IMPACT OF SOCIAL MEDIA COMMUNICATION ON THE LEGITIMACY OF ARMED FORCES

2019 ◽  
pp. 43-60
Author(s):  
EVA MOEHLECKE DE BASEGGIO ◽  
OLIVIA SCHNEIDER ◽  
TIBOR SZVIRCSEV TRESCH
Keyword(s):  
Social Media ◽  
Political Communication ◽  
Structural Equation ◽  
Armed Forces ◽  
Equation Model ◽  
Media Communication ◽  
The Public ◽  
Political Legitimation ◽  
Social Media Communication ◽  
The Impact

The Swiss Armed Forces (SAF), as part of a democratic system, depends on legitimacy. Democracy, legitimacy and the public are closely connected. In the public sphere the SAF need to be visible; it is where they are controlled and legitimated by the citizens, as part of a deliberative discussion in which political decisions are communicatively negotiated. Considering this, the meaning of political communication, including the SAF’s communication, becomes obvious as it forms the most important basis for political legitimation processes. Social media provide a new way for the SAF to communicate and interact directly with the population. The SAF’s social media communication potentially brings it closer to the people and engages them in a dialogue. The SAF can become more transparent and social media communication may increase its reputation and legitimacy. To measure the effects of social media communication, a survey of the Swiss internet population was conducted. Based on this data, a structural equation model was defined, the effects of which substantiate the assumption that the SAF benefits from being on social media in terms of broadening its reach and increasing legitimacy values.

The Impact of the Public Expenditure Cuts Policy on the Labor Market in Vietnam

2012 ◽  
pp. 22-46
Author(s):  
Huong Nguyen Thi Lan ◽  
Toan Pham Ngoc
Keyword(s):  
Labor Market ◽  
Computable General Equilibrium ◽  
Impact Evaluation ◽  
Public Expenditure ◽  
Computable General Equilibrium Model ◽  
Living Standard ◽  
Input Output ◽  
Policy Makers ◽  
The Public ◽  
The Impact

The purpose of this study is to evaluate the impact of public expenditure cuts on employment and income to support policies for the development of the labor mar- ket. Impact evaluation is of interest for policy makers as well as researchers. This paper presents a method – that is based on a Computable General Equilibrium model – to analyse the impact of the public expenditure cuts policy on employment and income in industries and occupations in Vietnam using macro data, the Input output table, 2006, 2008 and the 2010 Vietnam Household Living Standard Survey.

Public space of the trustworthiness of sociological knowledge: The case of electoral research

2020 ◽  
pp. 13-22
Author(s):  
OLEKSANDR STEGNII
Keyword(s):  
Public Space ◽  
Research Process ◽  
Negative Influence ◽  
Election Campaign ◽  
Sociological Research ◽  
Good Tool ◽  
Sociological Knowledge ◽  
The Public ◽  
Approval Ratings ◽  
The Impact

The paper analyses specific features of sociological data circulation in a public space during an election campaign. The basic components of this kind of space with regard to sociological research are political actors (who put themselves up for the election), voters and agents. The latter refer to professional groups whose corporate interests are directly related to the impact on the election process. Sociologists can also be seen as agents of the electoral process when experts in the field of electoral sociology are becoming intermingled with manipulators without a proper professional background and publications in this field. In a public space where an electoral race is unfolding, empirical sociological research becomes the main form of obtaining sociological knowledge, and it is primarily conducted to measure approval ratings. Electoral research serves as an example of combining the theoretical and empirical components of sociological knowledge, as well as its professional and public dimensions. Provided that sociologists meet all the professional requirements, electoral research can be used as a good tool for evaluating the trustworthiness of results reflecting the people’s expression of will. Being producers of sociological knowledge, sociologists act in two different capacities during an election campaign: as analysts and as pollsters. Therefore, it is essential that the duties and areas of responsibility for professional sociologists should be separated from those of pollsters. Another thing that needs to be noted is the negative influence that political strategists exert on the trustworthiness of survey findings which are going to be released to the public. Using the case of approval ratings as an illustration, the author analyses the most common techniques aimed at misrepresenting and distorting sociological data in the public space. Particular attention is given to the markers that can detect bogus polling companies, systemic violations during the research process and data falsification.

Dari Idealisme ke Pragmatisme: Pergeseran Paradigma dalam Pengembangan Hukum Ekonomi Syariah di Indonesia

2020 ◽  
Vol 14 (2) ◽  
pp. 191-210
Author(s):  
Addiarrahman Addiarrahman ◽  
Illy Yanti
Keyword(s):  
Focus Group ◽  
Focus Group Discussions ◽  
Group Discussions ◽  
Business World ◽  
Key Informants ◽  
The Public ◽  
Financial Products ◽  
Legal Consideration ◽  
Economic Law ◽  
Islamic Economic

This study seeks to understand the pragmatism of the development of sharia economic law, and its implications for Islamic financial products in Indonesia. The data comes from the results of interviews and focus group discussions with key informants from academics, practitioners, authorities, and the public. This research finds that pragmatism in the development of Islamic economic law is an approach that still dominates the DSN-MUI fatwas. The pragmatism style used is complex-eclectic pragmatism which is represented through makhārij al-fiqhiyyah, which is to choose a mild opinion by sticking to the strongest method or also called "taysīr al-manhajī". The use of this method is intended to ensure that the fatwa is truly able to answer the needs of the business world, as well as being in line with sharia principles. DSN-MUI also does not use maslahah as a legal consideration in a free or liberal way. Rather, it returns maslahah in consideration of the method, so that it is permissible to use the bay’ al-'inān contract only in a forced state (ḍarurah).

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