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This paper examines empirically cross‐fertilization in the productivity growth of banks between a state and its neighbouring and non‐neighbouring states (i) before (i.e. 1971–1977) the interstate multibank holding company (IMBHC) deregulations and (ii) during (i.e. 1982–1995) the IMBHC deregulations, which, through cross‐border bank M&As mainly among neighbouring states, could inject new blood, awaken the market for corporate control and enhance cross‐fertilization in bank performance among neighbouring states. Further, the 1978–1981 period offers a natural experiment to examine Baumol's Contestable Markets Hypothesis (CMH). The legislature of Maine made the first IMBHC deregulatory move in 1978. There was no reciprocity until New York and Alaska made their moves in 1982. Under CMH, Maine's move should inject a competitive spirit and alter bank performance for better across all—neighbouring or non‐neighbouring – banking markets during this period. Theoretically, Kane's regulatory equilibrium framework provides guidance to address these matters and Tiebout's people vote with their feet framework extends and supplements this guidance. Empirically, FDIC's annual banking data, aggregated at the state level, constitute the main input in computing the productivity growth indices for each of the 48 contiguous sample states between 1971 and 1995. Estimations of a novel spatially driven fixed effects model that uses these indices produce empirical results. The empirical model exploits the proximity of one sample state to its neighbouring states while also embracing a set of randomly chosen non‐neighbouring states as a control sample. Results show that cross‐fertilization in bank performance, observed among neighbouring states before the introduction of the IMBHC deregulations during 1971–1977, gets stronger in response to the dynamically evolving IMBHC deregulations during 1982–1995 and that improvements in banks' productivity growth during 1978–1981 support Baumol's CMH. Overall, our results demonstrate the importance and influence of cross‐fertilization, as a matter of proximity of subjects, on banks' performance and suggest promise for future research that embraces the spatial dimension of banking markets and data. [ABSTRACT FROM AUTHOR]

For several years, commercial banks in Poland have been reporting activities related to the impact on the environment, society, and corporate governance (ESG). However, only new guidelines, mandatory for many entities, including banks, will allow for comparing these reports, which will be of great importance mainly for investors. The forms of these reports were and still are different, difficult to compare in individual years, and difficult to compare between banks. The article aims to present the banks' preparation for the new reporting rules based on the latest ESG reports. The research was conducted in four groups of commercial banks operating in Poland. These are the largest companies listed in the WIG Banks sub-index of the Warsaw Stock Exchange. Gaps in the preparation of these banks for non-financial reporting were identified. The non-financial reports of the banks studied have significant information potential that can be used by various stakeholder groups, including investors, customers, employees, regulators, and local communities. However, the comparability of ESG reports is one of the key challenges faced by both reporting banks and users of these reports. The research results can be used both in scientific works and by bank representatives to improve non-financial reports. [ABSTRACT FROM AUTHOR]

The rapid development of fintech has significantly impacted the traditional financial market and brought technological opportunities for commercial banks. In this context, based on a sample of 36 Chinese commercial banks from 2003-2019, this paper empirically investigates the impact of fintech on the performance of commercial banks through textual analysis. The results show that the effects of fintech on commercial banks' performance are mixed, where technology basis has a significant negative impact on performance, and electronic payment can enhance commercial banks' earnings. In addition, both the negative effect of technology basis and the positive effect of electronic payment on commercial bank performance are more substantial on non-state banks and, at the same time, national banks. [ABSTRACT FROM AUTHOR]

In researching motivation, the process approach is better and has more potential than the content approach. This research aims to apply Vroom expectancy theory, a processbased approach to motivation to gain a greater understanding of employee motivation within the commercial banking sector in Vietnam. Additionally, this study seeks to validate the applicability of the expectancy theory by surveying 901 employees from 16 commercial banks with different total assets and numbers of employees. The data analysis involved the utilization of Cronbach's alpha, Exploratory Factor Analysis (EFA), confirmatory factor analysis (CFA) and structural equation model (SEM). This study reveals that there is a positive relationship between expectancy (E), intrinsic instrument (I-IN), intrinsic valence (I-V) and employee motivation (EM). Employee motivation has an impact on job performance. Nevertheless, it has been observed that the presence of extrinsic valence (E-V) and extrinsic instruments (E-IN) do not significantly impact employee motivation despite the high employees' level of need for extrinsic valence. This finding deviates considerably from previous studies that applied Vroom's theory. These findings further emphasize the notion that motivation is a dynamic process. Using a process approach in investigating motivation has significant efficacy and employee motivation has a substantial impact on employee performance especially in the context of commercial banks in Vietnam. [ABSTRACT FROM AUTHOR]

The issue of sustainable development in financial institutions has become a primary concern for both the industry and investors. This study proposes a comprehensive decision-making method by integrating Cumulative Prospect Theory (CPT) with the traditional TOPSIS model for the sustainability assessment of commercial banks. Building on previous research, this study establishes a multi-criteria framework under the Global Reporting Initiative (GRI) that includes five major dimensions: economic, social, environmental, governance, and financial, along with 15 indicators. The study employs this model to conduct a comprehensive evaluation of five Chinese commercial banks. The results indicate that the Bank of China (BOC) ranked first in sustainability performance, particularly excelling in the environmental dimension compared to the second-ranked Industrial and Commercial Bank of China (ICBC), highlighting the importance of environmental indicators in the sustainability assessment of commercial banks. Empirical analysis shows that this model considers cognitive biases at the psychological level while accounting for uncertainties and risk preferences, offering significant advantages over the entropy-weighted TOPSIS model. The contribution of this paper lies in the pioneering introduction of Cumulative Prospect Theory into the study of sustainable development in Chinese commercial banks, combined with 15 related indicators under the GRI framework, providing new theoretical and practical insights for banking performance and sustainability research. This model effectively narrows the gap between the sustainability assessment practices of large Chinese commercial banks and international standards and holds promise as a useful tool for analyzing and improving sustainable development strategies in the banking sector. [ABSTRACT FROM AUTHOR]

Since the seminal work of MM irrelevance theory, there has been a long history of controversy among academicians both in developed and developing nations regarding the determinants of capital structure. To this end, the main aim of this study was to investigate firm-specific and country-level determinants of the capital structure of Ethiopian commercial banks. The study adopted an explanatory research design with a quantitative research approach. A panel dataset was obtained from 14 commercial banks, which range from 2010 to 2022. A random effect panel regression result revealed that tangibility, non-debt tax shields, growth, and interest rate had a positive and significant effect, while the gross domestic product had a negative and significant effect on leverage which is used as a measure of capital structure. Among the independent variables tested, ROA, liquidity, effective tax rate, risk, and inflation have an insignificant effect on the capital structure of the selected commercial banks. The study will have implications for managers of commercial banks, legislators, regulators, and other interested parties that can use the study's conclusions to help them make well-informed capital decisions and implement the necessary measures to enhance the financial performance of Ethiopian banks with an optimal ratio of debt to equity. [ABSTRACT FROM AUTHOR]

Recently, there has been an increasing trend among commercial banks to collaborate with fintech companies in order to promote corporate innovation. However, due to the uncertainty and turbulence of the business environment, it is difficult for the collaborators to generate full trust to integrate knowledge and resources. Innovation collaboration often suffers from instability. The objective of this study is to identify the factors that influence the stability of innovation collaboration and clarify the path of collaboration evolution. Based on prospect theory and evolutionary game theory, this study first establishes an evolutionary game model between commercial banks and fintech companies (fintechs), and analyses the factors influencing the stability of their collaboration. The findings indicate that the benefits and costs of innovation collaboration, the fairness of income distribution, the complementarity of knowledge and technology, the synergy of collaboration, and the perceived value of gains and losses by partners all influence the stability of innovation collaboration. This study's findings provide valuable guidance for banks and fintech companies to balance the benefits and costs of collaboration and improve the stability of collaboration. In the future, the government will be considered as a new game player, and bilateral relations will be considered as a new mode of collaboration in studying the stability of innovation collaboration. [ABSTRACT FROM AUTHOR]

Lending to the agricultural sector by commercial banks in Ghana is characterized by high credit risk. Empirical evidence suggests that commercial banks in Ghana have credit risk management (CRM) challenges. This study explores the credit risk mitigation strategies adopted by commercial banks to minimize credit risk in agricultural finance in Ghana. The study adopted a mixed-method approach using a survey questionnaire and interview instruments. The findings indicate that some of the strategies used by commercial banks to mitigate credit risk in agricultural finance do not meet commercial banks' CRM needs. In addition, Ghanaian commercial banks have not fully adopted some of the recommended strategies that are used to mitigate credit risk associated with agricultural lending. The study unveils some appropriate strategies used to mitigate credit risk exposure in agricultural finance among commercial banks. These strategies include agricultural value-chain financing, collaboration with off-takers, incentive-based and risk-sharing schemes, adoption of a holistic agricultural value chain financing, policy interventions, use of agricultural insurance pool, and the proper structuring of agricultural loans. [ABSTRACT FROM AUTHOR]

Copyright of Environmental & Social Management Journal / Revista de Gestão Social e Ambiental is the property of Environmental & Social Management Journal and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Purpose: The main objective of this study is to analyze the mediating role of intellectual capital in the relationship between diversification, financial stability, and efficiency of the banking sector in Ethiopia. Design/methodology/approach: Secondary data for this study was obtained from audited financial statements of 17 Ethiopian commercial banks for a decade starting in 2013. A descriptive and explanatory research design with a quantitative research approach was employed. The seemingly unrelated Hierarchical regression analysis is used to estimate diversification's effect on banks' financial stability and efficiency, considering the interaction between diversification and intellectual capital as a mediating variable. Findings: The Mediation analysis reveals that asset diversification improves the financial stability of commercial banks when mediated by intellectual efficiency. Investment diversification negatively impacts risk-adjusted return on asset and Z score. Intellectual capital significantly enhances commercial banks' efficiency and financial stability in Ethiopia and mediates the relationship between geographic diversification, financial stability, and efficiency. The mediation analysis also indicates that intellectual capital significantly mediates the relationship between income diversification and efficiency. Practical implications: This study highlights the importance of intellectual capital and promotes its strategic allocation by management and regulatory bodies to enhance the financial stability and operational effectiveness of the banking industry in Ethiopia. Originality/value: To the best of the researcher's knowledge, this study is one of the rare attempts to investigate the mediating role of intellectual capital on the nexus between diversification, financial stability, and efficiency of commercial banks in Ethiopia. [ABSTRACT FROM AUTHOR]

This paper investigates the relationship between internal audit effectiveness, corporate governance attributes, and sustainable financial reporting quality within Tanzanian commercial banks. Grounded by agency cost theory to provide new insights into the determinants of financial reporting quality in a developing country context. A cross‐sectional and correlational research design was employed, utilizing a structured questionnaire distributed to 150 respondents across a representative sample of Tanzanian commercial banks. Data analysis was conducted using multiple linear regression techniques, with comprehensive diagnostic tests to ensure the robustness of the findings. The results indicate that larger board sizes and proactive board role performance significantly enhance financial reporting quality, reflecting the importance of strong governance structures. Board independence showed a significant impact on financial reporting quality, suggesting that board independence with active engagement contributes to financial reporting quality. Internal audit quality also emerged as a critical predictor of reliable financial reporting, underscoring the role of internal audit in promoting transparency and accountability. These findings contribute to the ongoing debate in corporate governance literature by providing evidence from a developing country perspective, highlighting the nuanced roles of governance and audit in shaping financial reporting quality. This study fills a key gap in the literature by focusing on the Tanzanian banking sector, offering practical recommendations for policymakers and practitioners aimed at enhancing the integrity of financial reporting. Policymakers should emphasize board independence and the active involvement of board members and strengthen internal audit functions to improve reporting transparency and accountability. [ABSTRACT FROM AUTHOR]

The study was conducted to evaluate the impact of capital structure on the credit risk of Vietnamese commercial banks in 2012–2020. The variables representing the capital structure of banks are the ratio of customer deposits to total assets (CDEP) and non-deposit liabilities to total assets (NDEP). The study uses the non-performing loan ratio on total outstanding loans (NPL) as a proxy variable for credit risk. By using Pooled OLS, FEM, REM, FGLS, and SysGMM methods, the research results show that the CDEP positively impacts credit risk. Meanwhile, the NDEP has a negative impact on the credit risk of Vietnamese commercial banks. On that basis, the study proposes measures to reduce credit risk for Vietnamese commercial banks. [ABSTRACT FROM AUTHOR]

Commercial banks constitute a crucial segment of China's financial system, and their efficient operation is directly linked to the development of other sectors within the national economy. The sustainable profitability of these banks is vital for maintaining the stability of China's financial system. In the context of the current digital economy, it is of great theoretical and practical significance to conduct an in-depth analysis of the impact of financial technology (fintech) development on the sustainable profitability of commercial banks and its underlying mechanisms. Such research can promote the digital transformation of commercial banks, enhance risk supervision policies, and mitigate systemic financial risks. This study utilizes EViews software Version 13 to analyze annual data from 13 listed commercial banks in China over the period from 2011 to 2021. It examines the influence of fintech on the profitability of these banks, considering their unique characteristics and drawing insights from the existing literature on the mechanisms through which fintech affects bank profitability. Employing both a static panel fixed effects variable-intercept model and a dynamic panel generalized method of moments (GMM) model, the empirical findings indicate that fintech development significantly impacts the profitability of listed commercial banks. [ABSTRACT FROM AUTHOR]

Information technology is a critical driver of productivity growth in modern economies. However, there has been no convincing explanation for the observed discrepancy in the literature, increasing suspicion on whether IT can improve institutional performance in contemporary banking markets. The fallacy of productivity adds credence to Robert Solow’s dictum, “You can see the computer age everywhere except in productivity statistics”. We employ two extensive bank-level datasets of 5,794 institutions across 37 nations to estimate the total factor productivity (TFP) payoffs from IT in BRICS and European markets. A DEA-based, Malmquist productivity index quantifies TFP change and its respective components. Findings provide evidence against the paradox as both regions experience IT-fueled productivity growth. Nevertheless, such associations vary across banking sector development, rationalizing how IT spending can explain productivity differences across nations. For BRICS banks, a significant proportion of TFP growth originates from frontier expansion instead of frontier progression, signaling a widening of technology gap. Contrastingly, IT has diminished the technology gap between European banks. Intra-country comparisons suggest that if IT-driven productivity growth is regarded as a nation’s long-term goal, industry characteristics should govern the distribution of knowledge capital.

Risk control and management are essential tasks necessary to ensure the safe and sustainable development of commercial banks, especially in today’s digital business environment. This study aims to identify the factors and their impact on risk control and management through intermediary variables, including law enforcement, corporate governance, and digital transformation, using the partial least square – structural equation modeling. Data for the study were collected through interviews assessing the perceptions of 765 managers in 35 Vietnamese commercial banks. The results indicate that factors directly affecting law enforcement include digital transformation, awareness of risks related to new technologies, training in law and technological knowledge, employee capabilities, monitoring and inspection procedures, size and complexity of bank operations, and corporate governance. However, only law enforcement and corporate governance have an indirect intermediary impact on risk control and management (digital transformation did not show a statistically significant impact). These findings highlight that, according to managerial perceptions in commercial banks, current digital transformations have not significantly influenced risk control and management, emphasizing the need for further enhancement in this area moving forward. This study makes a positive contribution to the development of models and measurement systems, laying the foundation for similar experimental research in the field of commercial banking in various countries in the future. AcknowledgmentThis study is the result of collaboration between a group of scientists from the Faculty of Law – Hue University and Duy Tan University. The authors would like to acknowledge the support and facilitation provided by both institutions for the publication of this research. Furthermore, this work is conducted within the framework of project code B2023-ĐHH-03 under decision No. 2036/QĐ-BGDĐT dated July 22, 2022.

Disruption in the business environment imposes undeniable realities that require effective strategic management; therefore, the need to develop a particular type of force capable of achieving proactive strategies, influencing competitors’ behavior, and balancing competitive forces has arisen. This study aimed to examine the impact of absorptive capacity on achieving strategic supremacy and the mediating role of organizational ambidexterity within Jordan’s commercial banking industry. It employs 513 questionnaires from middle and upper management through proportionate stratified random sampling. It adopts a quantitative approach through partial least squares structural equation modeling to construct a research model comprising factors affecting strategic supremacy and the mediating role of organizational ambidexterity and validate the research hypotheses. The study revealed that absorptive capacity significantly impacts organization ambidexterity (β = 0.764, t = 33.939, p = 0.000) with explanation power (R2 = 0.584). Organizational ambidexterity has a significant positive impact on strategic supremacy (β = 0.561, t = 12.469, p = 0.000). Absorptive capacity has a significant positive impact on strategic supremacy through organizational ambidexterity (β = 0.334, t = 6.963, p = 0.000) with high explanation power (R2 = 0.712), which means that 71.2% of the variance in strategic supremacy has been explained by absorptive capacity and organizational ambidexterity. Moreover, organizational ambidexterity partially mediates their relationship. It also found that the model’s predictive power was moderate. The study concludes that Jordanian commercial banks have placed high importance on identifying and acquiring valuable external knowledge and balancing their short-term and long-term opportunities to achieve strategic supremacy, leading to sustainable competitive advantage.

Abstract Since the seminal work of MM irrelevance theory, there has been a long history of controversy among academicians both in developed and developing nations regarding the determinants of capital structure. To this end, the main aim of this study was to investigate firm-specific and country-level determinants of the capital structure of Ethiopian commercial banks. The study adopted an explanatory research design with a quantitative research approach. A panel dataset was obtained from 14 commercial banks, which range from 2010 to 2022. A random effect panel regression result revealed that tangibility, non-debt tax shields, growth, and interest rate had a positive and significant effect, while the gross domestic product had a negative and significant effect on leverage which is used as a measure of capital structure. Among the independent variables tested, ROA, liquidity, effective tax rate, risk, and inflation have an insignificant effect on the capital structure of the selected commercial banks. The study will have implications for managers of commercial banks, legislators, regulators, and other interested parties that can use the study's conclusions to help them make well-informed capital decisions and implement the necessary measures to enhance the financial performance of Ethiopian banks with an optimal ratio of debt to equity.

Agriculture plays a vital role in driving economic output and employment in Sub-Saharan African (SSA) countries. Despite some progress, agricultural productivity in SSA still lags behind other regions. Limited access to finance remains a significant impediment to improving agricultural productivity in Sub-Saharan Africa. This paper investigates the effect of financial proximity on agricultural productivity in Sub-Saharan African countries. The study primarily employs the system GMM estimator, chosen to address the endogeneity issue typical in macro panel data. This method is also well-suited to our study because it accommodates a high number of cross-sections relative to the number of periods within each cross-section. Additionally, the IV-2SLS method is employed to check the robustness of the findings. The study uses an unbalanced panel for the 36 African countries with data for the period 2004-2019. Our findings show that increasing the financial proximity favors agricultural productivity in SSA countries. Specifically, the number of commercial bank branches (CBB) and the number of automated teller machines (ATM) per 100 000 adults, as indicators of financial proximity, have positive and significant effects on agricultural value added per worker in SSA. Additionally, our findings show that rainfall, arable land, and institutional quality are robust determinants of agricultural productivity. The positive effects of the number of CBB and the number of ATM are even more pronounced on agricultural productivity when coupled with strong institutional quality. Our findings suggest that improving financial services' accessibility in rural areas, coupled with enhanced institutional quality, regular rainfall, ample arable land, and increased access to water and land, are pivotal steps for achieving sustainable enhancements in labor productivity. This, in turn, leads to increased returns through value-added growth and expanded employment in the agricultural sector. JEL Classifications: G21, Q14, Q18 Keywords: Financial inclusion, Financial proximity, Agricultural productivity, Sub-Saharan Africa, INTRODUCTION Agriculture is a key contributor to economic output and the leading source of employment among Sub-Saharan Africa (SSA) countries, contributing 4 times more to regional gross domestic product (GDP) [...]

This study aimed to explore the relationship between three factors: enforcement of labor social welfare labor laws, internal corporate social responsibility (CSR) implementation, and job satisfaction as perceived by managers in the commercial banking sector. The research utilized a qualitative research method – in-depth interviews based on a semi-structured questionnaire with 20 experienced managers from 11 commercial banks in Vietnam, an emerging economy. Findings indicated a positive reciprocal relationship between enforcement of social welfare labor laws and internal CSR responsibilities of enterprises. Additionally, enforcing labor social welfare laws and internal CSR implementation positively impacted employee job satisfaction. The study also identified five aspects of internal CSR implementation towards employees: (1) timely and full payment of wages, bonuses, and benefits; (2) establishing a conducive work environment; (3) policies addressing human rights, health, and safety at work; (4) fair and democratic treatment, providing training and career advancement opportunities, and protecting employees through organizational activities; (5) having legal norms, procedures, mechanisms for recording, feedback, monitoring, and reasonable evaluation of job performance. These findings contribute to enriching both theoretical understanding and practical implications regarding the interplay of these three factors in commercial banks, encouraging managers to effectively implement social welfare laws and internal CSR implementation. AcknowledgmentThis collaborative research involves scholars from the University of Law - Hue University and Duy Tan University. The authors extend their gratitude to both institutions for their support and assistance in facilitating the publication of this research. In addition, the authors would like to thank the Editor-in Chief and a reviewer for their helpful comments that in our view have helped to improve the quality of the manuscript significantly. This study was conducted based on decision No. 4741/QD-ĐHDT dated October 18, 2023 of Duy Tan University, Vietnam.

Commercial banks constitute a crucial segment of China’s financial system, and their efficient operation is directly linked to the development of other sectors within the national economy. The sustainable profitability of these banks is vital for maintaining the stability of China’s financial system. In the context of the current digital economy, it is of great theoretical and practical significance to conduct an in-depth analysis of the impact of financial technology (fintech) development on the sustainable profitability of commercial banks and its underlying mechanisms. Such research can promote the digital transformation of commercial banks, enhance risk supervision policies, and mitigate systemic financial risks. This study utilizes EViews software Version 13 to analyze annual data from 13 listed commercial banks in China over the period from 2011 to 2021. It examines the influence of fintech on the profitability of these banks, considering their unique characteristics and drawing insights from the existing literature on the mechanisms through which fintech affects bank profitability. Employing both a static panel fixed effects variable-intercept model and a dynamic panel generalized method of moments (GMM) model, the empirical findings indicate that fintech development significantly impacts the profitability of listed commercial banks.

This purpose of the study is to evaluate the influence of corporate governance mechanism factors: board size, board independence, capital adequacy ratio, as well as bank-specific factors: dividend payout ratio and firm size, on the performance of Nepalese commercial banks. The study covered 10 years’ secondary data from 2013/14 to 2022/23, derived from the annual reports and websites of four selected commercial banks that were listed on the Nepal Stock Exchange: Kumari Bank Limited, Himalayan Bank Limited, Prabhu Bank Limited, and Prime Commercial Bank. A non-probability sample method, especially the purposive sampling approach, was used in this study. Earnings per share (EPS) is regarded to be the dependent variable, whereas two elements, namely, corporate governance mechanisms and bank-specific factors, are considered to be independent variables. Data analysis was carried out using the SPSS 25 software, which includes descriptive statistics, Pearson correlation, and multiple linear regression. The empirical results indicate that board size has a favorable influence on EPS, but this association does not reach statistical significance. In contrast, board independency has a notable and statistically significant negative impact on EPS. The capital adequacy ratio is positively correlated with EPS. However, the impact of firm size on EPS is not statistically significant. On the other hand, the dividend payout ratio has a significant positive effect on EPS.

This study aims to examine the impact of human resource management strategies on gaining a competitive advantage in Jordanian commercial banks. Human resource strategies can help organizations achieve their goals by attracting and retaining skilled workers who contribute to the organization’s competitive advantage. A competitive environment requires effective human resource strategies. Thus, the study utilizes a descriptive analysis approach to analyze the data and test the hypotheses through SPSS and PLS-SEM-4. The study population comprises 13 banks, and the sample includes all employees of human resources departments. A total of 411 respondents joined a comprehensive survey, and 405 questionnaires were deemed valid. The findings reveal that human resource management strategies have a positive impact on competitive advantage (p = 0.000) and organizational climate (p = 0.000); organizational climate positively affects competitive advantage (p < 0.001). Furthermore, the study shows an indirect relationship between human resource management strategies and competitive advantage through organizational climate (p < 0.001).

Copyright of Environmental & Social Management Journal / Revista de Gestão Social e Ambiental is the property of Environmental & Social Management Journal and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This study examined the effect of Central Bank of Nigeria Cashless Policy on operational performance of selected commercial banks in Nigeria. A panel data was collected from a sample of 15 banks covering 6 years ranging from 2012 when the policy was introduced in Nigeria to 2018. The study has adopted return on Asset as proxy for banks performance while the value transactions done through the ATM, POS, Internet Banking, NIP and NEFT platforms (E-banking Products) was used to proxy cashless policy using two different model. In other to ensure the validity and the reliability of the data, the data was subjected to a diagnostic test using Descriptive Statistic Analysis, Multicolinearity test, Correlation testing, and Herteroskadaticity testing. Findings from the study revealed that ATMV has a positive and significant effect on return on assets (ROA) of banks in Nigeria while, POSV, WEBV, NIPV and NEFV was found to have a positive but insignificant effect on ROA of quoted banks in Nigeria. [ABSTRACT FROM AUTHOR]

The conventional view suggests that bank profits and interest rates are expected to move together. When interest rates increase, banks make more money on loans and other assets. However, prior studies have often examined this relationship without distinguishing between various types of banks. This misses important nuances in the relationship between interest rates and profits. This paper incorporates local factors to determine if different types of banks are more sensitive to these nuances as they deal with interest rate changes, employing bank-level Call Report data from the Federal Deposit Insurance Corporation covering the 1987–2020 period. The local indicators used in the study came from the Bureau of Labor Statistics and the Bureau of Economic Analysis. Banks are also categorized based on size and whether they are community banks or not to test whether the determinants of profits differ across these categories. The findings reveal that while the conventional view holds true for mid-size banks, higher interest rates negatively affected the profitability of community banks, as well as large banks, for different reasons. Community banks do not have access to tools to isolate themselves from the increased defaults that the local economy may experience because of increasing interest rates. On the other hand, large banks are known to engage in more investment banking activities. High interest rates hurt these banks by killing lucrative investment-bank revenues, which results in lower overall profits. [ABSTRACT FROM AUTHOR]

The development of digital finance represents a new paradigm for the delivery of financial services that has exerted an external shock on the off-balance sheet (OBS) activities of traditional commercial banks. In response, commercial banks have embarked on a digital transformation to mitigate the challenges posed by digital finance. However, the impact of external shocks and internal responses on banks' OBS activities, especially the effect of internal responses, needs to be further clarified in order to inform commercial banks' decision-making. Using a dataset consisting of 42 Chinese commercial banks' operating data from 2013 to 2022, this paper employs a two-way fixed effects model and a moderation analysis to conduct an empirical analysis. The results show that digital finance has a significant inhibitory effect on OBS activities; furthermore, digital transformation of commercial banks strengthens this inhibitory effect, indicating that its benefits are outweighed by costs of investment and competitive losses. Additionally, the net interest margin significantly amplifies the inhibitory effect, suggesting a trade-off between income from core business activities and OBS activities under external competitive pressure. Based on these research findings, it is recommended that commercial banks seek differentiated competitive strategies and optimize the product structure of their OBS activities. Furthermore, digital transformation strategies should take into account the overall interests of the bank and strike a balance between long-term and short-term benefits. [ABSTRACT FROM AUTHOR]

Copyright of Environmental & Social Management Journal / Revista de Gestão Social e Ambiental is the property of Environmental & Social Management Journal and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Several policymakers and academic works have been discussing the nature of Central Bank Digital Currency (CBDC) as well as its debated relationship with crypto-assets. CBDC would allow the private (non-financial) sector to access the central bank’s reserves. Given its superior hierarchy in the money spectrum, CBDC adoption could trigger a strong or mild conversion from deposits, depending on its design, with strong impacts on the assets and liabilities composition and magnitude of different actors. The aim of this paper is to study the dynamics related to the transmigration process from deposits to CBDC as well as the process of money creation through a detailed step-by-step analysis, tracking the transactions between the institutions involved in its adoption. It underlines the validity of the endogenous money theory (EMT) in describing those transactions while clarifying the maintenance of the commercial banks’ vital role in the process of money creation, in a world with the emergence of CBDC. [ABSTRACT FROM AUTHOR]

Copyright of Gharee for Economics & Administration Sciences is the property of Republic of Iraq Ministry of Higher Education & Scientific Research (MOHESR) and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Purpose: This paper aims to investigate the role of corporate governance on the bank profitability of Indian banks vis-à-vis South Asian Association for Regional Cooperation (SAARC) nations. Design/methodology/approach: For the Corporate Governance Index, the authors examined board accountability, transparency and disclosure and audit committee, while Tobin's Q, return on equity and return on assets are used to measure the bank's profitability. The study used a two-stage analysis based on balanced panel data for robust findings. Sample of this study consists of 60 commercial banks from India and 60 banks from SAARC nations for the period of 2009–2021. This study used panel regression and a generalized method of moment approach using the CAMELS framework on banking industry-specific variables to determine their respective impacts. Findings: The findings of this study suggest that board accountability is positive and significantly affects the profitability of banks as indicated by return on assets, return on equity and Tobin's Q. In contrast, the audit committee has a positive and insignificant impact on return on assets, return on equity and Tobin's Q, while transparency and disclosure have a negative and significant impact on these metrics. Furthermore, the country dummy result shows a significant positive impact on all the bank performance parameters, implying that Indian banks have the highest degree of convergence with corporate governance as compared to other SAARC nations. Research limitations/implications: This study provides insight to the regulators, policymakers and financial institutions to evaluate the role of corporate governance in emerging economies. However, the findings of the study should be interpreted with caution, as the results are sensitive to the disparity between India and other SAARC nations' government policies, climatic circumstances and cultural or religious traditions. Originality/value: To the best of the authors' knowledge, this is the first attempt to gauge the performance of Indian banks vis-à-vis SAARC nations using the CAMELS framework approach. Further, findings of this study suggest some novel evidence tying corporate governance quality with the profitability of banks among SAARC nations. [ABSTRACT FROM AUTHOR]

Present study is conducted to know the influence of bank-specific and macro-economic variables on bank performance in Indian context. A comparison has been made between public and private sector banks. For the purpose of the study, we have selected 32 commercial banks. Secondary data has been collected from the annual reports of the respective banks for the period 2010-11 to 2020-21. Panel regression model have been employed for the study. Empirical findings show that high operating expenses are not appropriately used to manage financial performance in sample banks especially for public sector banks. Study results also show that credit risk has an inverse association with financial performance. Leverage is negatively related to financial performance for public sector banks only. Deposit ratio, size and Annual GDP growth rate positively related to financial performance in all sample banks. While exchange rate has negative impact on the financial performances. The results show that different bank-specific and macro-economic variables influence differently with bank performance in public and private sector banks. The findings of the study will help policymakers and other stakeholders especially in the financial sector to understand various macro-economic and bank-specific variables impact on bank performances. [ABSTRACT FROM AUTHOR]

This paper examines the effect of the national culture of the chief executive officers (CEOs) on their risk‐taking behavior in managing the banks, leading to banks' instability using a sample of 805 CEOs for 517 commercial banks in 33 countries from 2011 to 2017. Our empirical results confirm that bank risk‐taking behavior is negatively associated with the national culture of the CEOs who score high on the individualistic culture dimension. We also find that bank risk is likely to increase under the management of CEOs coming from high power distance countries. These results have largely remained unchanged across different settings. [ABSTRACT FROM AUTHOR]

This study aimed to verify the existence of an effect of the characteristics of audit committees on the quality of financial reports. Size of the audit committee, the number of committee meetings and the experience of its members were chosen as characteristics to represent the audit committee characteristics, the data related to variables of the study were collected from the annual reports published for the fiscal year 2021, for 12 commercial banks listed in the stock market in Turkey. After applying descriptive analysis and statistical tests (correlation and regression), the results of the study showed that, the level and quality of financial reports in commercial banks is high and reaches 92% in some banks according to the scale used in the study. The results of the study also confirmed the existence of a positive and statistically significant relationship between the characteristics of audit committees and the quality of financial reports. [ABSTRACT FROM AUTHOR]

The study aims to clarify and apply the re-engineering of financial operations to reduce the pressures of banking work among workers in commercial banks. The researchers used the questionnaire as a main tool for collecting data by selecting a random sample of (250) respondents and testing the research hypotheses using descriptive and inferential statistics methods, in addition to using personal interviews and field observations as auxiliary tools in collecting data. The statistical programs (SPSS 16.16) were used. V.25; Excel V). The results of the statistical analysis showed that there is a significant effect and correlation between the re-engineering of financial operations and the pressures of banking work. Also, the reengineering of financial operations contributes to increasing the effective impact in order to reach the stage of contributing to reducing. Its recommended to difficulties in some work must be alleviated in order to reduce the pressure on employees. [ABSTRACT FROM AUTHOR]

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Compared to C corporation banks, S corporation banks and credit unions are considered tax-exempt institutions, with credit unions receiving the greatest tax benefit. Institutions can choose to pass this benefit onto customers in the form of higher deposit rates and lower loan rates. We test this hypothesis by analyzing a dataset of 11 distinct deposit and loan products over 15 years and compare interest rates offered by depository institutions partitioned into three size groups. Overall, our results indicate credit unions offer higher deposit and lower loan rates compared to commercial banks, particularly for timed deposits (CDs), money market accounts, auto loans, and fixed unsecured loans. In contrast, S banks and C banks offer similar interest rates on most deposit and loan products. These findings generally hold across all size groups and differences become more pronounced when comparing larger credit unions to commercial banks. Notably, credit unions in the large size group offer better interest rates to customers for all products analyzed. [ABSTRACT FROM AUTHOR]

Purpose: The main objective of this study was to examine influence of credit risk stress testing on operational performance of commercial Kenya. The theoretical framework was based on credit risk theory. Methodology/Approach: The study used all commercial banks which are 42 it total. The adopted mixed research comprising of causal and longitudinal research designs. The study used secondary data from operational statements of banks. Descriptive applied involved skewness, kurtosis, mean and standard deviation. Multiple regression analysis was also applied. Data was presented using tables. Findings: The results revealed that expected loan loss lead to performance of commercial Banks as shown by a positive and significant coefficient of in the regression model in a fixed effect model. Implications: The study suggested that operational institutions implement a stringent policy that escalates the loss in the event of default, thereby restricting loan approvals to clients who can guarantee they will repay the loan in full.