The Financial Organisation of Islamic Piety

This article surveys the role of grandparents in providing a continuing level of material support in 61 households with dependent children in an inner city area. It concludes that assistance is structured by gender, income level, household financial organisation, residential proximity, need and ideology. In terms of the provision of continuing support to households with young children, grandparents are important but grandmothers give more assistance than grandfathers and they direct it where it is most needed. It is important for grandmothers to have access to paid work. The ideology of assistance is differentiated by class. In professional families the married couple is the unit of transfer but for working class families the solidarity of female relatives, in particular, of daughters and mothers and mothers-in-law, is more important.

Download Full-text

Impact of reputational loss on financial performance of the bank

Proceedings of 6th International Scientific Conference Contemporary Issues in Business, Management and Economics Engineering ‘2019 ◽

10.3846/cibmee.2019.008 ◽

2019 ◽

Author(s):

Daiva Jurevičienė ◽

Ksenija Kravec

Keyword(s):

Financial Performance ◽

Financial Analysis ◽

Financial Institution ◽

Geometric Mean ◽

Measurement Model ◽

Primary Data ◽

Intangible Asset ◽

Impact Measurement ◽

The Impact ◽

Financial Organisation

Purpose – the purpose of the article is to identify the criteria influencing on the reputational performance of a financial organisation and recognise the impact of reputation on the activities of a financial institution. Research methodology – to estimate the reputational impact on a financial organisation an interview with experts was conducted. In order to process the received data SAW, COPRAS and geometric mean methods were used. The mentioned methods were applied for performance measurement to ensure the inclusion of the reputation-sensitive data. Findings – the weakest position of the financial company in terms of reputational condition implies decreased efficiency of its performance. The degree of reputation and the impact of repercussions on the organisation’s performance can be further measured through financial analysis. Research limitations – the financial organisation analysed in the current study does not provide services for local clients, hence there is no possibility to obtain primary data from direct interactors. Practical implications – the research results provide insight towards key areas to look on while conducting root-cause analysis for decrease of financial performance; reputational impact measurement model can be used for further planning processes related to the future repercussions prevention. Originality/Value – literature overview results prove that it is still argued over the way reputational impact could be measured due to the fact that organizational reputation is attributed to a long-term intangible asset which is sensitive towards the subjectivity of the analysed matter. While it is usual to measure the reputation from the clients’ perspective, the research on reputation impact relies on the particular statistical data on company’s condition in the market.

Download Full-text