scholarly journals The regulatory compliance system: Impact of AML/CFT implementation on the financial performance of Lebanese banks

2021 ◽  
Author(s):  
Naser Chaabo
Keyword(s):  
Financial Performance ◽  
Tax Evasion ◽  
Banking Sector ◽  
Positive Impact ◽  
Regulatory System ◽  
Regulatory Compliance ◽  
Point Of View ◽  
Main Question ◽  
Financing Of Terrorism ◽  
High Level

The purpose of this paper is to provide a better understanding of how the financing of the compliance obligations which are related to “AML / CFT” (Anti-Money Laundering and Combating the Financing of Terrorism) does affect the financial performance of banks in Lebanon. The main question is: Does the compliance system play a positive impact on the risk management in Lebanese banking sector? Based on a sample of 66 respondents from BLOM Bank employees, the empirical results showed that the employment of a compliance regulatory system has increased bank’s costs. However, its implementation is not an option since it guarantees the compliance with the local, regional and international policies. Besides, the study revealed that there are numerous benefits associated with these costs that help banks to increase their awareness towards policies and regulations. These benefits are related to the high level of staff training, the closer due-diligence leveling, and the deeper contribution in combating tax evasion by implementing the CRS (Common Reporting Standards) standard in banks systems, which guarantee that information on financial accounts will be automatically exchanged between governments from a worldwide point of view

scholarly journals The Impact of Innovation Strategy on the Financial, Social and Environmental Performance

2021 ◽  
Vol 1 (1) ◽  
pp. 33-39
Author(s):  
Hamid Saremi ◽  
Masoud Mahmoudi ◽  
Mojtaba Soltaninezhad ◽  
Mohammad Hosseinpour
Keyword(s):  
Financial Performance ◽  
Environmental Performance ◽  
Positive Impact ◽  
Stock Exchange ◽  
Social Performance ◽  
Point Of View ◽  
Innovation Strategy ◽  
Management Tools ◽  
Social And Environmental Performance ◽  
The Impact

The core purpose of this study is to investigate the effect of innovation strategy on financial, social and environmental performance of companies listed on the Tehran Stock Exchange (TSE). The information used is from 129 companies listed on TSE in different industries between 2011 and 2018 (1032 observations). In order to analyze the data, a multivariate regression test was used. The results showed a positive and significant relationship between innovation strategy on financial performance and environmental performance. Also, the relationship between innovation strategy and social performance has a positive but insignificant. Innovation tools are also among the few management tools that can have a positive impact on both financial performance and the company's environmental performance. In this research, an attempt has been made to look at the idea of innovation from a financial point of view, and its results in the long run indicate the right choice of management to invest in the company's research and development unit.

Corporate sustainability and financial performance of Chinese banks

2017 ◽  
Vol 8 (3) ◽  
pp. 358-385 ◽  
Author(s):  
Olaf Weber
Keyword(s):  
Financial Performance ◽  
Banking Sector ◽  
Corporate Social Performance ◽  
Positive Impact ◽  
Social Performance ◽  
Corporate Sustainability ◽  
Credit Policy ◽  
Content Type ◽  
Sustainability Performance ◽  
Chinese Banks

Purpose This paper analyzes the connection between the sustainability performance of Chinese banks and their financial indicators to explore whether sustainability regulations can be implemented without decreasing the financial performance of the banking sector. Design/methodology/approach The study examined reports and websites of Chinese banks, categorized different corporate sustainability aspects and conducted panel regression and Granger causality to analyze cause and effect variables. Findings The environmental and social performance of Chinese banks increased significantly between 2009 and 2013. Furthermore, a bi-directional causality between financial performance and sustainability performance of Chinese banks has been found. Based on institutional theory, this interaction may be influenced by the Chinese Green Credit Policy. Research limitations/implications The findings suggest that corporate sustainability performance and financial performance are not a trade-off but correlate positively. Further research is needed to analyze the effect of financial regulations, such as the Chinese Green Credit Policy. Practical implications According to the good management theory by Waddock and Graves (1997) that claims a positive impact of corporate social performance on financial performance, Chinese banks can invest in corporate sustainability to increase their financial success and re-invest parts of the additional returns – also called slack resources – in sustainability activities. Social implications Chinese banks are able to influence the economy to become greener and less polluting without sacrificing financial returns. Originality/value This is the first study to explore the sustainability performance of Chinese banks, including their products and services.

scholarly journals The policy-led sustainability and financial performance linkage in the banking sector: case of Bangladesh

2019 ◽  
Vol 14 (4) ◽  
pp. 89-103 ◽  
Author(s):  
Samiul Parvez Ahmed ◽  
Sarwar Uddin Ahmed ◽  
Mohammad Fahad Noor ◽  
Zaima Ahmed ◽  
Uttam Karmaker
Keyword(s):  
Developing Countries ◽  
Financial Performance ◽  
Banking Sector ◽  
Positive Impact ◽  
Developed Countries ◽  
Influential Factor ◽  
Political Interference ◽  
Policy Guideline ◽  
Research Findings ◽  
Sustainability Initiatives

Researchers in developed countries argue that banks should be free to decide about their sustainability initiatives without the interference from regulators. However, researchers in developing countries tend to think differently. This study aimed to focus on this argument by examining the linkage between sustainability and financial performance (SFP) aided through regulatory policy guidelines. In doing so, a comparative study was conducted between 2012 and 2018 to compare the pre- and post-status of SFP due to implementation of policy measures. Environmental, social and governance (ESG) scores were calculated and related with financial performance (return on assets) through regression analysis. The sample data includes 30 private commercial banks (PCBs) in Bangladesh. The analysis of the data shows that during these years, the overall sustainability performance, i.e., environmental, social and governance scores of the banks increased by 33 percent. However, the transformation of this performance into better financial performance could not been established even when age and size were taken into account. The current turbulent state of the banking sector due to growing non-performing loan has been identified as the single most influential factor for this neutral result. Research findings suggest that policy guideline initiatives do have a positive impact on bank sustainability. However, exogenous factors, such as political interference, may appease, deviate and prolong its impact on financial performance. This work will enhance the understanding of academics and policy-makers about the feasibility and impact of the policy-led sustainability model in the banking sector, particularly in developing countries.

scholarly journals Investigating the Market Interest Rate on Commercial Banks Financial Performance in Bangladesh

2021 ◽  
Vol 5 (1) ◽  
pp. 3-12
Author(s):  
Debashis Saha ◽  
Prodip Chandra Bishwas ◽  
Md. Mustofa Ahmed Sumon
Keyword(s):  
Interest Rate ◽  
Financial Performance ◽  
Commercial Banks ◽  
Financial Stability ◽  
Banking Sector ◽  
Time Series Data ◽  
Positive Impact ◽  
Series Data ◽  
Market Interest Rate ◽  
The Relationship

The banking sector is the most vital partner of development for countries' economies. It has a remarkable contribution to the country's Gross Domestic Product. This study investigates the relationship between the market interest rate and commercial banks' financial performance. As Bangladesh's banking industry is growing, it is vital to maintain a more robust profitability level for its financial stability and soundness. Banks have some determinants that have a significant impact on their performance. The convenience sampling method is used to select the targeted sample. The study includes the time series data of eight years of fifteen commercial banks listed on the Dhaka Stock Exchange in Bangladesh. Multiple variable linear regression and correlation analysis are performed to examine the relationship of market interest rate with banks' profitability with statistical software, IBM SPSS version 25, and Microsoft excel. The study explored that the market interest rate has a significant positive impact on banks' profitability. It is also found that the lending rate and interest rate spread are significantly correlated with the banks' financial performance. The study recommended that banks make their investment to make a higher profit margin to enhance their management and financial soundness efficiency.

scholarly journals Evaluation of the Third Class Science Text Book from the Teacher’s Perspective at Madaba Municipality

2016 ◽  
Vol 9 (3) ◽  
pp. 123 ◽  
Author(s):  
Osama M. Kraishan ◽  
Ismail Almaamah
Keyword(s):  
Science Teachers ◽  
Point Of View ◽  
Third Grade ◽  
Main Question ◽  
Science Textbook ◽  
Validity And Reliability ◽  
Text Book ◽  
The Third ◽  
Students Attitudes ◽  
High Level

<p class="apa">This study aimed at evaluating the science textbook of the third grade primary school in Jordan from the point of view of the teachers who have taught this textbook, in order to find out how suitable and relevant this textbook is to the structure of the curriculum and its guidelines, by trying to answer this question: What is the evaluation of science textbook of the third grade from the standpoint of science teachers in the following aspects: general appearance, the book’s introduction, content of the book, aids and activities in the book, the contribution of the book to the development of students’ attitudes toward science, evaluation methods contained in the book, the appropriateness of the number of weekly classes to the content of the book, the availability of laboratories and the necessary materials to carry out activities, and finally the language of the book. The study population consisted of all 110 science teachers in governmental schools in Madaba who have taught the science textbook. While The study sample consisted of (51) teachers who were selected randomly, then the researchers prepared a questionnaire as an instrument for their study consisting of (62) paragraphs displayed by a number of arbitrators and specialists for the sake of verifying its validity and reliability, and it covers nine aspects. Results related to study main question showed that the total score of teachers evaluating for science textbook of the third grade was high as the percentage reached (70.6), and this is evident that the Jordanian experience in curriculum development and design is a rich experience and with high level, parallel with the experiences of other countries. Finally, the researchers recommend that science teachers and their supervisors should necessarily take part in designing the science textbook because they are only the ones who work with it. They also recommend that more studies on science textbooks should be done for the sake of the development of its curriculums.</p>

scholarly journals DETERMINANTS OF CREDIT GROWTH IN BANKING SECTOR OF BOSNIA AND HERZEGOVINA // DETERMINANTE KREDITNOG RASTA U BANKARSKOM SEKTORU BOSNE I HERCEGOVINE

2017 ◽  
Vol 12 (2) ◽  
Author(s):  
Dragan Jović ◽  
Miodrag Jandrić
Keyword(s):  
Economic Policy ◽  
Central Bank ◽  
Bosnia And Herzegovina ◽  
Deposit Insurance ◽  
Banking Sector ◽  
Positive Impact ◽  
Time Lag ◽  
Point Of View ◽  
Credit Growth ◽  
Domestic Banks

Credit growth is function of several variables, which are from the domestic banks point of view internal and external. NPL and deposits, on bank level, nominal GDP growth, and inflation have biggest impact on credit growth. Credit growth is under direct and strong influence of global crises and of ECB monetary policy, and these variables influence is with time lag. Between factors which also influence credit growth, but which influence is not so statistically significant, like previous factors, distinguish themselves capitalization ratio and return on asset on banking sector level. Possibility of doing banking business without deposit insurance, putting limits on deposit rates and on deposit growth could contribute to decrease in banks deposit variability, and to smoothness in credit growth path, as well as insisting on capital ratio rising. If domestic economic policy want to manage credit growth in domestic banking sector it is necessary to increase quality of prudential regulation, to improve NPL management and credit risk management and to modify monetary regime, by granting permission to domestic central bank to provide credits to residents. Without providing credit to residents by Central bank of Bosnia and Herzegovina, it is not possible to achieve price stability and it is not possible to decrease deflationary pressure. Increase in capital ratio has positive impact on credit growth, and vice versa, and that is way increase in capitalization must object of permanent supervision. Since activity and profitability of systematically important banks are one of credit growth generator, banking supervision has to have particular strategy for big banks resolution. Low influence of previous credit growth on current credit growth is motive for active countercyclical economic policy.

The Impact of Corporate Social Responsibility (CSR) on Bank Reputation and Financial Performance (Case study: Iranian banks)

2020 ◽  
Vol 1 (1) ◽  
pp. 1-6
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Performance ◽  
Banking Sector ◽  
Positive Impact ◽  
Financial Institution ◽  
Private Banks ◽  
Corporate Social ◽  
The Impact

Banks and financial institutions play a significant role in the economy by facilitating the transfer of resources between lenders and borrowers. This article is an endeavor to map the corporate social responsibility (CSR) practices of major players in the Iranian banking sector and to find out the impact of such practices on their performance and image. This study examines the impact of CSR on bank reputation and financial performance. This research is based on local sample of 24 private banks and financial institution in Iran. We use a questionnaire for assessing reputation and for assessing performance we check bank income by their annual statements. The main hypotheses of research show the positive relationship between these indicators. The findings of study suggest that banks in Iran have increased their CSR activities, which also have a positive impact on performance of the business, apart from improving their reputation and goodwill.

Diversity and return: the impact of diversity of board members’ education on performance

2019 ◽  
Vol 19 (4) ◽  
pp. 824-842 ◽  
Author(s):  
Isaac Boadi ◽  
Daniel Osarfo
Keyword(s):  
Financial Performance ◽  
Banking Sector ◽  
Positive Impact ◽  
Sub Saharan Africa ◽  
Convergence Theory ◽  
Board Members ◽  
Content Type ◽  
Sub Saharan ◽  
Domestic Banks ◽  
The Impact

Purpose This paper aims to examine the impact of diversity of board members’ educational qualifications on the financial performance of banks in Ghana. Design/methodology/approach The present study applies system generalized methods of moments as an econometric model in carrying out the analysis. The study yielded a usable sample of 28 banks spanning from 2001 to 2016. Findings The paper concludes that the Ghanaian banking sector profit diverges and invalidates the convergence theory or “catch-up effect”. Specifically, educational qualifications of board members are relevant to banks’ financial performance. Across all the models used, board members with a first degree have a significant positive impact on performance. The opposite is the case for board members with Doctor of Philosophy (PhD). Research limitations/implications Unobservable characteristics such as entrepreneurial skills and intellectual competence experiences are excluded from the study because of the difficulties in measuring these variables. Notwithstanding, the exclusion of these characteristics does not invalidate the general outcome of the study. Originality/value The present study examines the impact of diversity of board members’ educational qualification on financial performance in the context of Sub-Saharan Africa, particularly Ghana. It also extends the existing literature by decomposing the banking sector into listed, non-listed, foreign and domestic banks.

Intangibles, Export Intensity, and Company Performance in the French Wine Industry

2013 ◽  
Vol 8 (2) ◽  
pp. 198-224 ◽  
Author(s):  
Paul Amadieu ◽  
Carole Maurel ◽  
Jean-Laurent Viviani
Keyword(s):  
Financial Performance ◽  
Intangible Assets ◽  
Positive Impact ◽  
Empirical Studies ◽  
Wine Industry ◽  
Company Performance ◽  
Export Intensity ◽  
Strategic Role ◽  
High Level ◽  
The Impact

AbstractIntangible assets can play a strategic role in the implementation of differentiated strategies in foreign markets. The literature has addressed the impact of intangible assets on both exports and financial performance and the effects of exports on company financial performance (profit and risk). This article aims to analyze the effect of exports on the relationship between intangibles and company performance in the wine industry. Empirical studies show that intangibles have a positive but diminishing impact on exports. The effect of exports on financial performance differs depending on whether we consider corporations or cooperatives. While intangible expenses reduce company risk in both samples whatever the level of export intensity, the effects are different with profit. In corporations, intangible expenses have a positive impact on profit only when there is a high level of expenses and a high level of export intensity. (JEL Classifications: G32, L25, Q12, Q13)

scholarly journals Factors Affecting Share Prices of Banking sector of Pakistan

2016 ◽  
Vol 3 (1) ◽  
pp. 1-5
Author(s):  
Muhammad Ahsan Chhipa ◽  
Agha Ammad Nabi
Keyword(s):  
Banking Sector ◽  
Positive Impact ◽  
Stock Exchange ◽  
Intrinsic Value ◽  
Point Of View ◽  
Share Price ◽  
Dividend Yield ◽  
Return On Assets ◽  
Share Prices ◽  
The Impact

It is very important to understand the value of share prices as it will be beneficial for both investor as well as the company. By understanding those determinants that can effect the share price, the investor will be in a position to make various profitable investment decisions. Whereas, from the company’s point of view it helps to know about the Intrinsic value of company’s shares. The purpose of this research was to find out the impact of share price on banking sector in Pakistan, as it shows the positive correlation of leverage on share price of banking sector registered in Pakistan Stock Exchange. The data was extracted from the State bank of Pakistan official Website and from companies financial data starting from 2010 till 2017 of 20 companies in Banking sectors registered in Pakistan Stock Exchange (PSX). While share price have 4 control variables (Earning per Share, Dividend Yield, Return on Assets and Assets Growth) all the results shows low variation of share price on Banking sector in Pakistan. We used Simple regression analysis and the results shows the positive impact of earning per share variable that shows impact on share price while dividend yield has positive impact on share price, assets growth has positive impact on share price, and return on assets has positive impact on share price.

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