Asset Ownership Research Articles

Digital Capital and Cultural Capital in education: Unravelling intersections and distinctions that shape social differentiation

AbstractThis article seeks to provide a clearer understanding of Digital Capital in education. It introduces a comprehensive analytical framework that explores the relationship between Digital Capital and Bourdieu's Cultural Capital Theory. Instead of treating digital skills and resources as separate entities, it integrates them into Cultural Capital Theory as complementary elements. This approach helps shed light on the disparities in ICT usage. Data from the 2018 OECD‐PISA survey conducted in Italy are analysed to assess whether Digital Capital can be considered a component of Cultural Capital. The findings indicate that differences in Cultural Capital do not significantly impact the possession and usage of digital assets. Instead, distinctions become apparent through students’ behaviours within the school environment. This underscores the connection between digital competencies and various dimensions of cultural and educational capital. The article posits that status and cultural disparities stem not solely from digital competencies but also from their interplay with social and cultural resources. This offers deeper insights into how the digital divide intersects with broader societal power dynamics.

ASSESSMENT OF THE EFFECTS OF MICRO-CREDIT ON POVERTY STATUS OF MICRO ENTREPRENEURS IN IKERE EKITI, NIGERIA

This study investigated how engagement in microcredit programs impacts the poverty status of microentrepreneurs in the Ikere Local Government Area of Ekiti state, Nigeria. The study selected 126 respondents through random sampling, comprising 57 microcredit beneficiaries and 69 non-beneficiaries. Data was gathered via structured questionnaires and analyzed using various statistical methods including descriptive statistics, FGT poverty measure, Probit regression, and comparison of means.The average per capita household expenditure in the study area was N 13,877.49, which was used to establish poverty thresholds of N 9,251.66 and N 4,625.83 for categorizing households as moderately poor and core poor respectively. The findings revealed a poverty incidence of 27 percent among microcredit beneficiaries and 29 percent among non-beneficiaries.Probit regression analysis indicated that female-headed households tended to be economically disadvantaged compared to male-headed ones. Furthermore, each additional year of formal education, possession of assets, and participation in microcredit were associated with reductions in poverty status by 0.994, 0.0529, and 0.08 respectively.A comparison of expenditure between microcredit beneficiaries and non-beneficiaries revealed higher expenditure among the former. The study suggests that policies promoting the establishment of more microcredit groups for impoverished households could be effective in alleviating poverty.

Possession in the light of Hanafi jurisprudence and Civil Law of Afghanistan

The research is aimed at exploring the subject of possession within the context of Islamic jurisprudence. Considering its significant role in daily trade as well as its religious importance emphasized by Allah for its real observance, possession holds great importance. thus, on one hand, possession holds great significance; on the other hand, it accompanies complex problems in daily business. Additionally, questions arise regarding the concept of possession and its verdict in the view of Islamic jurisprudence. Thus, the researcher adeptly sourced significant jurisprudential data, providing a comprehensive perspective to elucidate the concept of possession and their relevant rulings within the realm of Islamic jurisprudence. The most important aspects include 1) a comprehensive analysis of the nature of possession through the perspectives of the four major religious jurists; 2) the conditions of possession; 3) the new and old forms of possession; 4) the possession of movable and immovable assets, and 5) providing some essential definitions for the concept of possession. In conclusion, the research concludes with a list of general conclusions derived from all the gathered data and resources. These conclusions are presented to our valued readers to clarify the research subjects and pave the way for future research.

Tokenizing Tangible Intentions: Unraveling the Motives to Try NFTs

ABSTRACT In recent years, the growing interest in non-fungible tokens (NFTs) has triggered substantial academic and commercial interest. NFTs, are disruptively transforming the realms of art, entertainment, and investment. Exploring the factors that drive individuals to invest in these digital collectibles is central for understanding the broader implications of this innovative financial trend. In this direction, our study investigated the user characteristics, technology characteristics, social influence the user’s intention to invest in NFTs, moderated by investor’s habits. This research extended the theory of trying by including precursors of the NFT trial attitude, such as optimism, innovativeness, discomfort, and insecurity (users); Governance considerations and extendibility (process); and digital asset ownership and indivisibility (technology) and social influence. Structural equation modeling analyzed the data collected from 278 investors through a structured questionnaire. The finding indicates that a trying attitude significantly impacted the intentions to invest in NFTs. Precursors impacting trying attitude included optimism, innovativeness, insecurity, digital asset ownership, indivisibility, and social influence. However, discomfort, Governance considerations, and extendibility were not significant. The study offered theoretical and practical implications to individual investors and the broader digital asset landscape and slated directions for future research.

Financial Literacy and Risk Protection During the Covid-19 Pandemic

AbstractThis study documents that competent access to financial markets can smooth consumption in the face of idiosyncratic income shocks. Using household-level data on financial literacy and financial resilience in Italy during the first phase of the Covid-19 pandemic, we find that financial literacy and financial asset ownership both influenced consumption changes in theoretically sensible ways. The results are robust in specifications controlling for several socio-demographic characteristics, saving choices, public transfers, and to different estimation methods.

Individual Wealth Inequality: Measurement and Evidence from Low‐ and Middle‐Income Countries

Wealth accumulation is critical for advancing women's and men's economic opportunities, and yet is understudied in developing countries. Leveraging new, nationally‐representative, cross‐country comparable surveys where men and women self‐reported on their personal asset ownership, we show that individual‐level wealth inequality is significantly higher vis‐à‐vis comparators based on per capita household consumption expenditure, and per capita household wealth. Intra‐household wealth inequality explains about 12–30 percent of overall wealth inequality, depending on the country context. The analysis further demonstrates how survey design choices, in particular respondent selection, matter for individual wealth inequality estimates.

EFFECT OF DOMESTIC VIOLENCE ON WOMEN PARTICIPATION IN FARMING ACTIVITIES IN AKWA IBOM STATE, NIGERIA

Domestic violence against women in agricultural households presents a multifaceted challenge affecting both the individuals involved and broader agricultural productivity. The objective of the study was to; describe the socio-economic characteristics of the respondents; examine the nature of domestic violence prevalent in the study area; identify the causes of domestic violence and determine the level of participation of women in farming activities; and examine the effect of domestic violence on women farming activities in the study area. Multi-stage sampling and random sampling techniques were used to select 180 respondents for the study. The primary data obtained using a well-structured questionnaire was analyzed using descriptive statistics and a three-point Likert scale. The result showed that reveals that the majority (56.7%) of the respondents were between the age range of 26 – 45 years, 86.7% were married and all the respondents had some form of formal education. Further investigation revealed that physical violence, sexual violence, emotional violence, economic violence, and psychological violence were prevalent in the study area. The farming activities participated by women included planting, harvesting, land clearing, bush burning, processing, irrigation, decision making, farm labor, marketing, farm groups, extension activities, family discussions, and farm programs. This violence significantly impacts women's ability to engage effectively in farming activities, leading to reduced income, loss of assets, and diminished productivity. The major effects of violence on farming activities of the respondents in the study area were reduced income, lack of strength to continue with farming activities, lack of concentration on farming activities, reduced time devoted to farming activities, and loss of ownership of farm or asset. Based on the findings, to reduce the ugly incidence of domestic violence against women in the study area, there is a need to mandate law enforcement agencies by the government to arrest and prosecute perpetrators of domestic violence against women in the study area, highlighting the need for comprehensive interventions to address domestic violence against women in agricultural households, promoting gender equality, women's empowerment, and agricultural development for food security and economic prosperity.

DIMENSI ASET WAKAF SENI KANDUNGAN MEDIA DIGITAL

Waqf management institutions in Malaysia provide various options for Muslims to endow waqf, including in the form of artistic assets. However, the waqf of digital media content art has not yet been clearly defined in its dimensions as an asset. Therefore, the objective of this study is to analyse the dimensions of artistic waqf from the perspective of digital media content. This qualitative study employs a systematic literature review (SLR) research design, where, through the screening process, 6 articles were used as the basis for analysis using ATLAS.ti. The study found that the waqf assets of digital media content art have five dimensions, namely (1) asset value, (2) content, (3) content format, (4) ownership, and (5) asset longevity. In conclusion, clarifying the definition of the dimensions of artistic waqf in digital media content is essential to provide significant benefits in attracting public interest in endowing their artistic assets and subsequently enhancing the nation's waqf fund.

Wealth shocks and portfolio choice

We use new euro area representative data from the Consumer Expectations Survey (CES) to elicit household-specific propensities to invest and consume out of positive wealth shocks. Using a randomized assignment of hypothetical lottery gains ranging from €5,000 to €50,000 and a realistic menu of consumption, saving and asset choices, we estimate the causal effect of wealth shocks on risky asset ownership and conditional asset shares. Wealth shocks have a positive effect on stockholding (between 8.4 and 12.8 percentage points increase in participation for the largest wealth shock). The majority of households do not participate in the stock market, even after a large increase in wealth. The conditional asset share invested in risky assets is constant for wealth shocks up to €20,000, and edges up slightly (by at most 2 %) for larger prizes. Our evidence is consistent with constant relative risk aversion for the majority of risky asset investors, while we also find important heterogeneity in the level of risk aversion across individuals.

The Role of Premium Domains, COREDAO VIP Token, and 9NFTMania in the CORE Blockchain Ecosystem

The CORE blockchain ecosystem has witnessed significant advancements with the integration of premium domains, the COREDAO VIP token, and the rise of 9NFTMania. This paper explores their individual and collective impacts on decentralized finance (DeFi), governance, and digital asset ownership within the CORE blockchain. Analyzing their functionalities, economic implications, and future prospects sheds light on their transformative roles in shaping the decentralized landscape.

EKONOMI KREATIF SEBAGAI LOKOMOTIF BARU PEREKONOMIAN INDONESIA MENUJU INDONESIA YANG MAJU

In recent years, attention towards the creative economy has increased on a global scale. This concept refers to an economy that is not only based on physical goods, but also involves the ownership of intangible assets, such as innovation and creativity. This article aims to explain how the creative economy can become a major driver in Indonesia's economy, potentially leading the country towards a more advanced future. The discussion includes a paradigm shift from an economy focused on physical production to one that emphasizes innovation, as well as a transformation from a recorded economy to a creativity-based economy. Furthermore, the article reveals how the creative economy can help Indonesia develop more innovative industries and compete in the international market. The use of the creative economy is also expected to reduce poverty levels and create a brighter future for the national economy. Therefore, success in implementing policies and utilizing Indonesia's high creative potential will lead the country towards an innovative, competitive, and sustainable economy in the future.

Pengaruh Profitabilitas, Komite Audit, dan Kepemilikan Asing terhadap Kebijakan Dividen (Studi pada Perusahaan Properti Real Estate dan Kontruksi Bangunan yang Terdaftar di Bursa Efek)

This research aims to analyze the influence of profitability, audit committee and foreign ownership on dividend policy in property, real estate and building construction companies listed on the Indonesia Stock Exchange. By using secondary data from the company's annual financial reports for the 2018-2022 period and multiple regression analysis methods, the research results show that profitability and foreign ownership have a positive and significant influence on dividend policy, while the audit committee has no significant influence. Profitability as measured by Return on Assets (ROA) and foreign ownership are proven to increase the dividend payout ratio, while the presence of an audit committee does not show a significant impact. These results provide implications for company management and investors in understanding the factors that influence dividend policy, especially in the context of companies in Indonesia.

Vulnerability to climate change of coastal mangrove-dependent communities in the Tana Delta, Kenya: a local perspective

Coastal mangrove-dependent communities face various risks due to climate change, thus rendering them vulnerable. This study explored the vulnerability of these communities in the Tana Delta in Kenya using an indicator-based vulnerability assessment framework to better understand their exposure, sensitivity and adaptive capacity. Data was collected through household surveys (n = 377), focus group discussions (FGDs), and key informant interviews (KIIs). The analysis revealed mean vulnerability indices at the sub-location level ranged from 0.850 for Kipini to − 0.913 for Kilelengwani and − 2.702 for Ozi. The statistically significant indicators of vulnerability were (i) exposure—high temperatures and rainfall changes; (ii) sensitivity—household numbers, head of household’s age, dependents’ education, and dependents’ employment; and (iii) adaptive capacity—ownership of assets, access to community infrastructure and services, condition/quality of houses, total income, and alternative sources of income. The findings highlight the need for adaptation strategies that ensure greater financial assets supported by education and skills enhancement to utilize existing opportunities. Attention to community infrastructure and services is crucial. Policy should focus on financial, physical, and human assets to reduce community vulnerability alongside the continued conservation and management of mangrove resources. The results will help policymakers in addressing the impacts of climate change and benefit households in the study area. These insights can be applied to regions with similar climate conditions and livelihood systems.

Navigating Credit Access: Uncovering The Dynamics Within Poor Households in Vietnam

In the context of Vietnam's dynamic but uneven economic landscape, the challenge of credit access for poor households signifies a critical disparity in financial inclusion. This research identifies and addresses a gap in understanding the influence of socioeconomic factors on credit accessibility for economically disadvantaged populations. To explore the impacts of household income stability, financial literacy, social norms, credit history, formal financial identity, and asset ownership, our study employs multivariate linear regression analysis to uncover the nuanced relationships between these factors and credit access. The findings reveal significant positive correlations, highlighting the complex interplay of economic and social elements in facilitating financial inclusion. These results offer valuable insights for policymakers, financial service providers, and development practitioners, suggesting targeted interventions in financial education, income stabilization, and adapting financial services to cultural contexts. Ultimately, this study provides a roadmap for enhancing financial accessibility for Vietnam's poor households, contributing to the broader goal of bridging the gap in financial inclusion within the country.

Asset Management in Islamic Inheritance: A Solution for Economic Empowerment Obstacles

If inheritance assets are transferred, the economic well-being of heirs should increase. However, conflicts among heirs often prevent this, resulting in unproductive or disputed assets with unclear ownership. These disputes significantly hinder the economic progress of the heirs. This article attempts to propose a solution to the problem. According to Islamic inheritance principle, before distribution, there are three obligations must be fulfilled: handling the body's costs, repaying the deceased's debts, and executing their will within limits. Afterward, remaining assets can be distributed among entitled heirs according to Islamic inheritance laws. The remaining assets, termed inheritance, can enhance heirs economic empowerment when distributed. The asset management approach that focuses on Islamic inheritance is expected to further impetus for the economic strengthening of individual beneficiaries specifically, as well as benefit the Muslim community and the general public in the country, such as alleviating conflicts and cultivating heightened economic activity. This qualitative study utilizes a library research approach with phenomenological lens. Based on the literature review conducted, asset management based on the principles of Islamic heritage with the aim of increasing economic empowerment is: providing education to families about Islamic inheritance; accurately record ownership of property, debts, and receivables; the written documents as proof of ownership of asset, and the determination of inheritance rights and their division should be held; utilizing inheritance assets productively to establish sustainable individual or family finances.

Livelihood assets and poverty among fishing households in Bicol Region, Philippines during the COVID-19 pandemic

Research efforts concerning COVID-19 primarily focused on the macro-level impacts of the pandemic on multiple fronts. Less attention was paid to individuals and less still to the socio-economic condition of the poorest sectors. This research addresses this gap by utilizing the theory of change (ToC) of asset ownership to examine the effects of livelihood asset ownership on the poverty status of 200 fisherfolk households in the Bicol Region, Philippines, during the pandemic. The study employed descriptive measures and logistic regression with principal component analysis (PCA) to examine the survey data. Results revealed that ownership of productive assets increased the likelihood of households maintaining the status of nonpoor compared to households who owned less to nothing. Whereas, households with more physical assets were more likely to fall below the poverty line during the pandemic. Defining poverty in terms of livelihood asset ownership has important implications for policymakers. Addressing these evidence gaps enables a nuanced analysis of the socio-economic condition of fishing households during the pandemic. The study suggests that aid organizations and funding agencies should complement grants with efforts that promote asset ownership through capacity-building services like training, mentoring, and providing market links for fishing communities.

Development of Village Industry Through an Integrated Information System in Nagari Simarasok, Baso Agam District

The problems of Simarasok UMKM were identified: (1). The products have not been maximized due to marketing weaknesses, capital, and the purchasing power of woven/songket products tends to decrease, (2). Embroidery UMKM are part-time livelihoods for unmarried women and housewives, (3). There is no group of innovative skilled workers, (4). Marketing strategies are more on personal relationships, close proximity and less online sales, (5). Product quality/quantity can be improved, but constrained by external internal factors. The research used qualitative techniques and descriptive analysis; informants were collected by purposive sampling. Data findings, there are specialties of UMKM: 1). The embroidery industry has developed and is carried out by almost half of the female population, 2). Sugarcane and tobacco processing industry, conducted by men. There is a difference between the type of industry and the gender of the actors, which is not interchangeable. 3). Based on scale, the industries are small. Interestingly, UMKM development is carried out through an integrated information system. Although located in rural areas, Nagari Simarasok has utilized spatial technology as an integrated information system in mapping the condition of its UMKM. In this Nagari, a complete map with specifications such as maps of industrial asset ownership, maps of agricultural land potential, maps of economic potential and maps of natural resource potential can be accessed. With the completeness of the map, access to buyers, consumers and or other parties can more easily access it. This Nagari breakthrough has not even existed in urban villages in the city center.

The Effect of Good Corporate Governance on Asset Growth, Debt Growth, Equity Growth, and Ownership

The purpose of this study was to test and analyza the effect of Good Corporate Governance on Asset Growth, Good Corporate Governance on Debt Growth, Good Corporate Governance on Equity Growth, Good Corporate Governance on Ownership, Asset Growth on Ownership, Debt Growth on Ownership, and Equity Growth on Ownership. This research was conducted on 31 manufacturing companies that have been listed on the Indonesia Stock Exchange. The research observation period was 3 years. The data source used is secondary data with documentation techniques obtained from the Indonesia Stock Exchange website and related company financial reports. The test results in this study used SmartPLS 3.0. The findings of this research indicate that good corporate governance partially has a significant effect on equity growth and good corporate governance partially has a significant on ownership.

Higher loss of livelihood and impoverishment in households affected by tuberculosis compared to non-tuberculosis affected households in Zimbabwe: A cross-sectional study.

Tuberculosis (TB) disproportionally affects poor people, leading to income and non-income losses. Measures of socioeconomic impact of TB, e.g. impoverishment and patient costs are inadequate to capture non-income losses. We applied impoverishment and a multidimensional measure on TB and non-TB affected households in Zimbabwe. We conducted a cross-sectional study in 270 households: 90 non-TB; 90 drug-susceptible TB (DS-TB), 90 drug-resistant TB (DR-TB) during the COVID-19 pandemic (2020-2021). Household data included ownership of assets, number of household members, income and indicators on five capital assets: financial, human, social, natural and physical. Households with incomes per capita below US$1.90/day were considered impoverished. We used principal component analysis on five capital asset indicators to create a binary outcome variable indicating loss of livelihood. Log-binomial regression was used to determine associations between loss of livelihood and type of household. TB-affected households were more likely to report episodes of TB and household members requiring care than non-TB households. The proportions of impoverished households were 81% (non-TB), 88% (DS-TB) and 94% (DR-TB) by the time of interview. Overall, 56% (152/270) of households sold assets: 44% (40/90) non-TB, 58% (52/90) DS-TB and 67% (60/90) DR-TB. Children's education was affected in 33% (55/168) of TB-affected compared to 14% (12/88) non-TB households. Overall, 133 (50%) households experienced loss of livelihood, with TB-affected households almost twice as likely to experience loss of livelihood; adjusted prevalence ratio (aPR = 1.78 [95%CI:1.09-2.89]). The effect of TB on livelihood was most pronounced in poorest households (aPR = 2.61, [95%CI:1.47-4.61]). TB-affected households experienced greater socioeconomic losses compared to non-TB households. Multisectoral social protection is crucial to mitigate impacts of TB and other shocks, especially targeting poorest households.

Implications of Islamic Inheritance Law for the Ownership of Assets and Management of Family Wealth: An Indonesian Perspective

Implications of Islamic Inheritance Law for the Ownership of Assets and Management of Family Wealth: An Indonesian Perspective