scholarly journals Recovery and Reduction of Non-Performing Loans – Podgorica Approach

2014 ◽  
Vol 3 (3) ◽  
pp. 101-118 ◽  
Author(s):  
Ristan Stijepović
Keyword(s):  
Financial Stability ◽  
Banking Sector ◽  
Negative Impact ◽  
Aggregate Demand ◽  
Successful Implementation ◽  
Negative Effects ◽  
Loan Portfolio ◽  
Current Financial Crisis ◽  
Lending Activity ◽  
High Level

Abstract Loan portfolio of Montenegro’s banking sector was largely affected by the growth in past due loans during the current financial crisis. High level of these loans limits banks’ lending activity which results in a decline in credit supply. Negative effects of the non-performing loans’ growth reflected adversely on economic strength of the real and households sectors. Majority of Montenegrin companies have significant liquidity problems and their defaults affect adversely the sound part of the economy, while reduced households spending reflects negatively on aggregate demand. Therefore, a new approach for the recovery of these loans should be sought and reduce their negative impact on loan portfolio of the banking sector. The World Bank Financial Sector Advisory Centre (FinSac) located in Vienna proposed a series of measures and recommendations for the resolution of these loans through several modules. In addition to the strengthening of loan portfolio and initiating more dynamic lending activity of the banking sector, the project called Podgorica Approach aims at strengthening financial stability of the system, supporting debtors’ recovery, and improving economic growth. Podgorica Approach contributed, in particular, to quantitative assessment of the recovery of non-performing loans which could return to the performing status through the restructuring process. Better qualitative understanding of these loans is necessary to act preventively and thus largely reduce migration from performing to non-performing loans. In addition, this approach aims at strengthening the incentives proposed by the authorities so that the level of non-performing loans is reduced through their successful implementation.

You reap what you sow: knowledge hiding, territorial and idea implementation

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Xianmiao Li ◽  
William X. Wei ◽  
Weiwei Huo ◽  
Yi Huang ◽  
Manyi Zheng ◽  
...  
Keyword(s):  
Hierarchical Linear Modeling ◽  
Creative Process ◽  
Negative Impact ◽  
Territorial Behavior ◽  
Linear Modeling ◽  
Negative Effects ◽  
Content Type ◽  
High Level ◽  
Knowledge Hiding ◽  
Moderating Role

PurposeThis study aims to build a research model from the perspectives of knowledge hiding and idea implementation to examine what factors influence idea implementation and the cross-level moderating role of team territory climate.Design/methodology/approachData were collected from universities, 52 (R&D) teams in China via a two-wave survey. The final sample contained 209 team members and their immediate supervisors. Hierarchical linear modeling was used to test hypotheses.FindingsThe results indicated that individuals’ knowledge-hiding behavior had a significantly negative impact on idea implementation and creative process engagement, which played a mediating role. Team territorial climate played a cross-level moderating role between knowledge hiding and idea implementation. If team territorial climate was at a high level, then the negative connection between knowledge hiding and idea implementation would be weaker.Research limitations/implicationsUnder the perspective of territorial behavior in Chinese cultural, it can help to distinguish territorial behavior and be preventive at individual and team levels. This study not only enables managers to clearly understand the precipitating factors of idea implementation but also provides constructive strategies for alleviating the negative effects of knowledge territoriality on creative process engagement and idea implementation.Originality/valueThis study constructs a cross-level model to explore the relationship among knowledge hiding, creative process engagement and idea implementation at individual and team levels in the context of Chinese R&D enterprises. Additionally, the study analyzes the influence of territoriality on idea implementation under boundary conditions.

scholarly journals Pandemic Preparedness of Countries to Cope With COVID-19

2021 ◽  
Author(s):  
Mario Coccia
Keyword(s):  
Negative Impact ◽  
Health Expenditures ◽  
Lessons Learned ◽  
Policy Implications ◽  
European Countries ◽  
Pandemic Preparedness ◽  
Negative Effects ◽  
High Level ◽  
Planning Institutions

Abstract One of the problems hardly clarified in COVID-19 pandemic crisis is the effective of the pandemic preparedness of countries to cope with COVID-19 and reduce negative effects in society. The study here confronts this problem by proponing the Index of resilience that detects which countries have had the best performance to reduce the negative impact of mortality related to COVID-19 pandemic and the Index of preparedness that assesses performance of countries to support COVID-19 vaccinations and prevent future waves of COVID-19. The application of these indexes on selected European countries suggests that, in average, best-performer countries to cope with COVID-19 pandemic crisis have a smaller size of population and high level of health expenditures. However, lessons learned from this study are that manifold countries have several biological security weaknesses and low pandemic preparedness. The policy implications are that governments should revise and reinforce, planning, institutions and overall organization devoted to face pandemic threats.

scholarly journals PROBLEMS OF ENSURING THE FINANCIAL SUSTAINABILITY OF THE BANKING SYSTEM

2021 ◽  
Author(s):  
Olena Tarasova
Keyword(s):  
Financial Stability ◽  
Banking Sector ◽  
Banking System ◽  
Bank Lending ◽  
Financial Sustainability ◽  
Loan Portfolio ◽  
Bank Deposits ◽  
High Inflation ◽  
The Stability ◽  
Banking Institution

The article explores the problems of ensuring the financial sustainability of the banking sector, which plays a very important role in the functioning of the financial system of the state. The role of the stability of the banking system in ensuring conditions of economic growth is justified. It is noted that it is the financial stability of each banking institution that is a prerequisite for the stable functioning of the entire banking system. It is emphasized that since the financial stability of the banking system is influenced by a large number of internal and external factors, for the effective functioning of the banking system of the country must be ready for any challenges to the macro and microenvironment. The main problems of the banking system in modern conditions should be considered the reduction of deposits of the population, deterioration of the quality of the loan portfolio, significant devaluation of the hryvnia, high inflation rates, loss-making of a significant number of banking institutions. It was concluded that the banking system of Ukraine feels a significant dependence on the funds of depositors - individuals, and therefore on factors that affect their behavior in the financial market. Trends of formation of deposit base of commercial banks of Ukraine and imbalances in the sphere of attraction of banking resources were analyzed. The growth of bank deposits of the population is slow, negative changes in their structure are observed. The share of deposits of individuals after the 2014 crisis has become significantly more volatile and risky in terms of financial stability. The increase in lending is complicated by the presence of large portfolios of problem loans, as a result of which there are a number of tasks to increase the efficiency of the loan portfolio, which should ensure a compromise of profitability, liquidity and credit risk acceptable to the bank. The priorities of monetary policy and the main tasks are formulated, the solution of which will allow to intensify lending to the real sector of the economy. Theoretical and practical recommendations have been developed to improve bank lending, increase the profitability of the banking system and capitalize Ukrainian banks.

scholarly journals Fraudulent Financial Reporting Based of Fraud Diamond Theory: A Study of the Banking Sector in Indonesia

2019 ◽  
Vol 4 (2) ◽  
pp. 135-150
Author(s):  
Tarmizi Achmad ◽  
Imang Dapit Pamungkas
Keyword(s):  
Regression Analysis ◽  
Financial Reporting ◽  
Financial Stability ◽  
Banking Sector ◽  
Negative Impact ◽  
Total Sample ◽  
External Pressure ◽  
Fraudulent Financial Reporting ◽  
External Variables ◽  
Positive Effect

The research aims to analyse whether external pressure, financial stability, financial targets, ineffective monitoring, rationalization and capability effect on fraudulent financial reporting. The population this study is banking company listed on the Indonesia Sctock Exchange with a total sample of 87 banking companies in 2011-2016. Based on the results of research using regression analysis, only external variables of incentive and financial targets have a positive effect on fraudulent financial reporting. Meanwhile, financial stability and capability have a negative impact on fraudulent financial reporting. Further, other variables such as ineffective monitoring and rationalization do not affect fraudulent financial reporting.

A comprehensive approach to assessing the level of economic security of Ukrainian banks

2020 ◽  
pp. 92-99
Author(s):  
Oksana Kopylyuk ◽  
Nataliya Zhurybida
Keyword(s):  
Banking System ◽  
Economic Security ◽  
Portfolio Risk ◽  
Loan Portfolio ◽  
Micro Level ◽  
Low Levels ◽  
Methodological Approaches ◽  
Lending Activity ◽  
Security Indicators ◽  
High Level

Existing methodological approaches to assessing the level of economic security of Ukrainian banks are revealed and the need to improve them is substantiated. The author proposes the method of determining the level of economic security of banks at the micro level. Estimated values of economic security indicators and their assessment in points made it possible to group institutions by the level of economic security and to determine the positioning of banks depending on ownership. Institutions with a high level of economic security include banks, which, according to 8 indicators, have accumulated a total number of 61 to 80 points. A satisfactory level of economic security is characteristic of banks, whose quantitative assessment for a certain amount of indicators ranges from 41 to 60 points. Low levels of economic security are inherent in institutions with an overall score of 21-40. Institutions with a critical level of security include banks with a total score of up to 20 points, whose activities are accompanied by violations of indicator values and destabilizing effects on the banking system. The validation of this methodology was carried out in all solvent banks of Ukraine, which operated in 2015 and 2019. Based on the grouping of institutions by the level of economic security, the threats and dangers that accompanied the activities of banks were identified. The main threats to the economic security of state-owned banks were: the highest share of problem loans in the aggregate loan portfolio, risk of operating activities, reduction of their lending activity. Institutions of foreign banking groups were largely characterized by high, satisfactory, and low levels of economic security. This methodological toolkit is suggested to be used to strengthen the market position and increase the security of the functioning of Ukrainian banks.

The Recessive Outcomes of Emu Policies: Analysis of the Italian Experience, 1998-2008

2012 ◽  
pp. 89-111
Author(s):  
Rita Canale Rosaria ◽  
Napolitano Oreste
Keyword(s):  
Monetary Policy ◽  
Public Expenditure ◽  
Negative Impact ◽  
Positive Impact ◽  
National Income ◽  
Negative Effects ◽  
Italian Experience ◽  
Long Run ◽  
High Level ◽  
Fiscal And Monetary Policy

The EMU assigns a marginal role to economic policy and relies on the idea that, if prices are kept constant, there will be an automatic convergence towards long-run equilibrium income. These beliefs represent the theoretical underpinnings of fiscal and monetary policy strategies in Europe. In order to highlight the weakness of these foundations, this paper evaluates empirically the effects of public expenditure and interest rate setting on equilibrium income in Italy from 1998 to 2008. Our analysis supports the conclusions that government spending has a positive impact on national income while monetary policy strategy has a negative impact. Moreover, the high level of debt does not produce negative effects on GDP. Finally, at a time of financial crisis, these results are reinforced for fiscal policy, but weakened for monetary policy. The paper finally states that the EMU's rigid rules for both fiscal and monetary policy have recessive outcomes.

scholarly journals DESCRIPTION OF RISK LEVELS OF GADGET ADDICTION, BULLYING BEHAVIOR, AND DRUG ABUSE IN ADOLESCENTS

2020 ◽  
Vol 1 (2) ◽  
pp. 65
Author(s):  
Rama Bagus Anandayudha ◽  
Calseries Rizki Noveriana ◽  
Ewin Wulandari ◽  
Felicia Alvita Tjahjono ◽  
I Wayan Weda Wisnawa ◽  
...  
Keyword(s):  
Drug Abuse ◽  
Junior High School ◽  
Negative Impact ◽  
Primary Data ◽  
The Internet ◽  
Drug Abusers ◽  
Negative Effects ◽  
Risk Levels ◽  
Bullying Behavior ◽  
High Level

Gadgets can be interpreted as a tool that can easily be connected to the internet. If the use of gadgets can be done wisely, humans will get many benefits from using gadgets. But if the use of gadgets cannot be controlled, it will have a negative impact. One of the negative effects obtained is dependence or addiction to the gadget itself. Apart from the use of gadgets, bullying is also common today. Approximately three million teenagers become drug abusers in Indonesia. The data was collected using primary data in the form of a questionnaire to collect data on gadget addiction, bullying behavior, and drug abuse among junior high school adolescents at MTs Nahdlatul Wathon Licin. This was a descriptive observational study. The population was students in 8th-9th grades at MTs Nahdlatul Wathon Licin. Sampling was done by total sampling. The number of samples obtained was 93 people. Data were analyzed using descriptive statistical methods which are presented in the form of frequency distribution tables. It was found that 8.6% of respondents had a high risk of gadget addiction, 48.4 % of respondents have a high level of bullying behavior, and 2.2% of respondents are addicted to drugs.

scholarly journals Management of a transport company during the Covid-19 pandemic

2021 ◽  
Vol 2021 (150) ◽  
pp. 7-15
Author(s):  
Paweł BEŁCH ◽  
Keyword(s):  
Deductive Reasoning ◽  
Negative Impact ◽  
Negative Effects ◽  
Transport Services ◽  
Difficult Time ◽  
Questionnaire Research ◽  
Crisis Conditions ◽  
High Level ◽  
The Impact ◽  
Made In

Purpose: The end of the first quarter of 2020 is the beginning of a new, difficult time in the functioning of transport companies, as well as the entire Polish and world economy. The appearance of Covid-19 (SARS-CoV-2) resulted in a number of market restrictions and a sharp decline in transport orders. Enterprises had to change the way they were managed and operated, had to adapt to a different economic reality in order to continue to prosper. The aim of the article is to define the essence of managing a transport company in the new market and economic conditions that appeared during the Covid-19 pandemic. Design/methodology/approach: The research procedure included review of polish and foreign literature, analysis of legal acts, questionnaire research, analysis of the content of internal documents of transport companies, method of analysis and synthesis, case study, methods of inductive and deductive reasoning. The article presents the results of scientific research on the impact of Covid-19 on the management and decisions made in a transport company. Findings: The high level of impact of the Covid-19 pandemic on the management of a transport company has been demonstrated. The factor that most influenced the management and decisions of transport companies is the decline or fear of a decline in contracts for transport services. Transport companies are afraid of the further negative effects of the pandemic, and therefore do not want to take out investment loans in order to develop the company. The article discusses the activities of transport companies and the management of a transport company in crisis conditions. Research limitations/implications: The article presents a survey carried out in Polish transport companies from the Podkarpackie and Lubelskie voivodships. Therefore, the research results concern the area of south-eastern Poland. Practical implications: The results of the research may be helpful for managers of transport companies (management decisions made) in order to limit the negative impact of the Covid-19 pandemic on their business activities. Originality/value: The presented research and conclusions provide practical guidance to managers about what decisions and actions can improve the economic condition of their transport companies in the difficult period of the Covid-19 pandemic, based on the example of the analyzed transport companies.

scholarly journals IMPLEMENTATION OF PROJECT MANAGEMENT MATURITY MODEL TO IMPROVE THE EFFICIENCY OF ACTIVITY OF LOCAL SELF-GOVERNMENTS

2021 ◽  
Vol 6 ◽  
pp. 439-448
Author(s):  
Oleksandra Niema
Keyword(s):  
Project Management ◽  
Negative Impact ◽  
Successful Implementation ◽  
Maturity Model ◽  
Individual Level ◽  
Management Processes ◽  
Analysis And Synthesis ◽  
Government Project ◽  
The Government ◽  
High Level

In the conditions of growing demands of society to the government, project activities cover not only traditional industries, but also the sphere of public administration. Critically important for the success of organization is the team (rather than individual) level of knowledge, skills of staff, and a certain maturity of the organization as a whole in the field of project management. However, the project activities of local self-governments cannot be considered effective or fully compliant with the modern requirements. The level of project competence of management teams of many territorial communities is still not sufficient for the implementation of tasks and functions, the production of relevant project ideas and their successful implementation. The aim of the research is to describe of project management maturity model for its implementation into the activities of the local self-governments from the positions of effectiveness of project management. The entry of the local self-government to a high level of project management maturity will reduce the negative impact of the human factor, systematically focus activities on meeting the needs of the community on a project basis, improve the quality of project management processes, and reduce unproductive costs. Methods used – analysis and synthesis, induction and deduction, logical generalization and comparison.  

THE ROLE OF BANKING INNOVATIONS IN THE SYSTEM OF BANK COMPETITIVENESS

2017 ◽  
Author(s):  
Inna Lintur ◽  
◽  
Mariia-Monika Hladynets ◽  
Vladyslav Myhovych ◽  
◽  
...  
Keyword(s):  
Financial Services ◽  
Financial Stability ◽  
Banking Sector ◽  
Clear Understanding ◽  
Customer Base ◽  
Innovative Solutions ◽  
Banking Institutions ◽  
The One ◽  
High Level

The article summarizes the theoretical foundations and defines the role of banking innovations in the system of ensuring the competitiveness of banks. It has been found that in recent years there has been a trend in the banking sector, which indicates that the traditional business model of the bank, based on a regionally branched network of branches, is becoming increasingly inefficient, as rising costs are not supported by rising efficiency. It is noted that banks are sensitive to the process of economic instability, which manifests itself as a loss of financial stability, reduction and deterioration of customer base due to falling solvency, on the one hand, and loss of confidence - on the other, which collectively affects financial performance and competitiveness . It is outlined that in such circumstances banks face an important task of forming a strategy to increase competitiveness, which will ensure not only maintaining but also strengthening market positions through a clear understanding of the structure and dynamics of the financial services market in general and its banking segment in particular. The study emphasizes that innovation as a field of activity, and hence banking innovation in particular, is actively developing. The relevance of new implementations and ideas, especially those already used by foreign banking institutions, and still little known in our country, as opportunities to ensure a high level of bank competitiveness, has been studied. Accordingly, the study highlights the exceptional role of bank investment in the system of ensuring the competitiveness of the bank. Therefore, further research in this direction is important, because the introduction of banking innovations is a very dynamic process. In addition, not all innovative solutions become widespread, and successful banking innovative solutions in some countries may go unnoticed in others.

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