Cost-Efficiency Analysis of Mudarabah Companies

2020 ◽  
pp. 568-592
Author(s):  
Hadia Sohail ◽  
Noman Arshed
Keyword(s):  
Cost Efficiency ◽  
Cost Minimization ◽  
Empirical Studies ◽  
Financial System ◽  
The Rich ◽  
Cost Efficient ◽  
Knowledge Intensive ◽  
Intensive Approach

The economic system recognizes the role of the financial system as an important cog in its machinery. Several theoretical and empirical studies have evidenced its contributing role to the economy. Within the overall financial system, the Islamic financial system ensures the increase in productivity of capital as well as in the synchronization between the incomes of the rich and the poor. Mudarabah companies stay at the forefront of the Islamic financial system. Their knowledge-intensive approach helps the allocation of resources in long-term ventures and, because of their participation-based setup, they can theoretically cause a trickle-down effect via their redistribution process from the borrower to the lender. Practically, though, this requires the financial institutes such as Mudarabah to be cost-efficient. This chapter explores specifically how efficient Mudarabah companies of Pakistan are in terms of cost minimization, and investigates whether different dimensions of intellectual capital can improve cost efficiency.

The rapid growth of Egypt’s agricultural output, 1890–1914, as an early example of the green revolutions of modern South Asia: some implications for the writing of global history

2006 ◽  
Vol 1 (1) ◽  
pp. 81-99 ◽  
Author(s):  
Roger Owen
Keyword(s):  
Green Revolution ◽  
Global History ◽  
British India ◽  
Late Twentieth ◽  
Late Nineteenth ◽  
The Rich ◽  
The Impact ◽  
Late Twentieth Century

The article uses comparative Indian material from British India and later, the Pakistani Punjab to ask new questions of the standard accounts of Egypt’s post-1890 cotton boom. It also argues for the particular relevance of the rich Punjabi green revolution data to the Egyptian case, and more generally, for the rewards to be obtained from an academic dialog between selected aspects of late nineteenth and of late twentieth century globalization. Topics analyzed include the impact of the various agricultural revolutions on social and regional inequalities, the issue of sustainability, the role of experts and the impact on health of long-term environmental degradation.

scholarly journals The Role of Human Capital in the Economic Development and Social Welfare In Albania

2016 ◽  
Vol 6 (1) ◽  
pp. 63 ◽  
Author(s):  
Arjola Mitaj ◽  
Klodian Muco ◽  
Jonida Avdulaj
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Empirical Studies ◽  
Theoretical Models ◽  
University Education ◽  
Long Time ◽  
Training Courses ◽  
The Relationship

Continuously, the relation between education and economic development has been the focus of development researchers’ studies that study long-term growth. While theoretical models recognize education as the key to a country's economic growth (Bassanini and Scarpetta, 2001; Fuente and Ciccone, 2003; Jones, 2005 Bassanini, 2007), the importance of education is very low in empirical models.The reason for this discrepancy is that for a long time education is measured by the years attended in school and not by the knowledge and skills gained, which according to an OSCE study, a student competences growth of 100 points (measuring unit) produces an increase of 2% of GDP per capita. Thanks to this identification, education is recognized as one of the main keys to development.Various empirical studies show that productivity can be increased through training (Barrett and O'Connell, 2001; Scrutinio et al., 2006). In sum, these studies show that pre university, university education and training courses positively affect the increase of production, which in turn can positively affect the economic development of a country.Thus, this article tends to evaluate the role of Albanian human capital in economic development of the country considering the relationship between education and productivity.

scholarly journals Customers’ expectations from savings products

VUZF Review ◽  
2021 ◽  
Vol 6 (2) ◽  
pp. 4-10
Author(s):  
Stanislav Dimitrov
Keyword(s):  
Interest Rates ◽  
Active Role ◽  
Point Of View ◽  
Ageing Population ◽  
Low Interest Rates ◽  
Cost Efficient ◽  
Changing Attitudes ◽  
Further Development

Customers expect certain characteristics from long-term savings products. Providers are not able to supply all of these characteristics in one product at the same time. In addition, there are changing attitudes of the savers and the requirements to the financial institutions are evolving. The paper is analyzing the customers’ expectations from the long-term savings products. The manuscript is searching answer which are the most important characteristics of the savings products from the point of view of the client. The research is focused on three main areas: which are the customers’ expectations; what is the current environment in the market of savings products and what developments can we expect in the coming years. One of the conclusions is that the providers have to adapt their products to the customers’ expectations in order to succeed and to reach further development of the markets. Another conclusion is that customer centric products will gain greater trust among potential savers. We believe that the successful saving product has to be simple, transparent and cost-efficient. This reflects the surrounding environment of low interest rates, ageing population, increased informational flow, digitalization and alternative products development. To support the savers and the providers it is needed public help, targeting good coverage and constant efforts for active role of the stakeholders in the savings process.

Moral Character in Negotiation

2018 ◽  
Author(s):  
Lily Morse ◽  
Taya R. Cohen
Keyword(s):  
Empirical Studies ◽  
Moral Character ◽  
Relationship Building ◽  
Theoretical Development ◽  
Open Questions ◽  
Joint Influence ◽  
Negotiation Processes ◽  
Advance Research

In this article, we discuss the role of moral character in negotiation and identify open questions and promising directions for future scholars to explore. We advance research in this area by introducing a dyadic model of moral character in negotiation, which highlights the joint influence of each party’s moral character on negotiation attitudes, motives, and behaviors. We discuss the implications of our model and conclude that personality science, and especially the study of moral character, has great potential to enhance research and practice in negotiations. Our hope is that this work will accelerate theoretical development and empirical studies that address the question of how moral character influences negotiation processes and outcomes—from pre-negotiation (e.g., planning, selecting negotiating partners) to actual bargaining (e.g., bargaining tactics, concessions) and finally, post-negotiation (e.g., deal implementation, long-term consequences, relationship building and maintenance, reputations)—and provide a springboard for future studies on this topic.

scholarly journals PENGARUH FINANCIAL TECHNOLOGY (FINTECH) TERHADAP STABILITAS SISTEM KEUANGAN DI INDONESIA

2021 ◽  
pp. 921
Author(s):  
Birgitta Dian Saraswati ◽  
Ni Made Tisnawati
Keyword(s):  
Exchange Rates ◽  
Interest Rates ◽  
Financial Stability ◽  
Financial System ◽  
System Stability ◽  
Series Data ◽  
Macroeconomic Variables ◽  
P2p Lending

Financial stability is very important in the economy because financial stability will ensure smooth financial transactions in the economy.This study aims to analyze the effect of P2P lending fintech, payment fintech and macroeconomic variables (inflation, interest rates and exchange rates) on financial stability in Indonesia.This study uses time series data with the period 2018.1-2021.4. Using the Vector Error Correction Model, this research shows that Fintech P2P Lending, Fintech Payments and macroeconomic variables (inflation, interest rates and exchange rates) affect the financial stability in Indonesia only in the long term.Fintech P2P lending in the long term will lead to financial system instability, while Fintech payments in the long term have a positive effect on financial system stability in Indonesia. This has policy implications where through the role of the Financial Services Authority it is necessary to regulate and supervise P2P lending fintech. In addition, considering that payment fintech has a positive impact on financial system stability in Indonesia, through the role of Bank Indonesia, it is necessary to design policies to increase the use of non-cash payment instruments.

scholarly journals FOREIGN DIRECT INVESTMENT AND GROWTH OF INDIA: DOES FINANCIAL SECTOR DEVELOPMENT HELP IN IMPROVING ABSORPTIVE CAPACITY?

2017 ◽  
Vol 18 (1) ◽  
Author(s):  
T. K. Jayaraman ◽  
Chee -Keong Choong ◽  
Cheong -Fatt Ng
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Empirical Studies ◽  
Financial Sector ◽  
Threshold Level ◽  
Financial Sector Development ◽  
Gradual Introduction ◽  
Contingent Factor

This paper investigates whether there exists a long term relationship between foreign direct investment (FDI) and economic growth in India with special reference to the role of financial sector development (FSD), which is now considered as a critical contingent factor as borne out by recent empirical studies elsewhere. A 35 -year period (1979-2013), which is covered by this paper, witnessed gradual introduction of economic reforms picking up speed from early 1990s. The doors were opened to FDI. Undertaking an empirical study on FDI’s contribution to growth of Indian economy by taking into account the role of financial sector development (FSD) as a contingent factor, this paper concludes that FDI and FSD have contributed to growth. It is also confirmed that the interaction term between FDI and financial development indicates a complementary relationship between the two. Keywords: India; FDI; FSD; Growth; Threshold Level; Interaction Effect.

scholarly journals Rola edukacji ekonomicznej w kształtowaniu stabilności systemu finansowego

2021 ◽  
Vol 3 (31) ◽  
pp. 119-132
Author(s):  
Eleonora Ratowska-Dziobiak
Keyword(s):  
Financial Market ◽  
Financial System ◽  
Financial Economic ◽  
Economic Education ◽  
Financial Instruments ◽  
Economic Issues ◽  
The Stability ◽  
Made In

An efficiently operating financial system is considered as an integral part of a well-functioning economy. It is the mechanism by which services are provided that allow the flow of purchasing power. Thus, this system creates the foundations of activity for entities using money, enabling the conclusion of economic transactions in which money performs various functions. The result of the existence of this system is the possibility of co-creation of money by non-financial economic entities (enterprises and households) and the flow of cash between them. In the light of many transformations taking place in the financial system, it is extremely important to ensure its stability. A properly functioning financial system significantly supports the achievement of the main goals of the central bank – maintaining a stable level of prices, and thus creating the basis for achieving long-term economic growth. Educational activities are of great importance in ensuring the stability of the financial system. The aim of the article is to present the role of economic education among young people, thanks to which they can better understand the complexities of the functioning of the financial system, the importance of its stability and prepare to make more conscious decisions as fully-fledged participants of the financial market. Understanding the specificity of the available financial instruments enables the minimalization of the risk associated with their selection / purchase. The accuracy of decisions made in adulthood depends on the knowledge of basic economic issues and the awareness of potential threats.

Abusive head trauma (AHT) outcome at long-term follow-up and the role of elective neurosurgical approach: A report of 22 cases

2013 ◽  
Author(s):  
Francesca Menegazzo ◽  
Melissa Rosa Rizzotto ◽  
Martina Bua ◽  
Luisa Pinello ◽  
Elisabetta Tono ◽  
...  
Keyword(s):  
Head Trauma ◽  
Abusive Head Trauma ◽  
Long Term Follow Up
Sign in / Sign up

Export Citation Format

Share Document