Financial Capacity Research Articles

Performance of a low-cost hydraulic ram pump as a function of variations in feed height and inlet pipe diameter

Access to water in rural areas is extremely important in the different activities that occur daily on agricultural properties, whether for human consumption, animal watering, irrigation and other purposes. This access is often difficult and costly, especially for small rural producers who do not have the financial capacity to purchase an electric pump, or do not have electricity on their property. In this sense, alternative water pumping, without the need to use electrical energy or energy from the burning of fossil fuels, can be a good alternative and deserves to be studied. Based on these premises, the objective of this research was to study the performance of the repressed flow, obtained by a low-cost hydraulic ram, installed in different hydraulic scenarios. The methodology consisted of installing equipment built in the Irrigation, Hydraulic and Hydrology Laboratory of the Agricultural Sciences Center of the State University of the Tocantina Region of Maranhão (LIHH/CCA/UEMASUL), for this, different hydraulic scenarios were created depending on the interaction of different feeding heights and different pipe diameters, which constituted the experimental treatments. The results found allowed us to conclude that the highest average pressure flow was obtained in the hydraulic scenario that presented the greatest geometric difference between the water source and the hydraulic ram with the largest diameter of the inlet pipe, with an average of 9,539.21 L.d-1 of repressed water. It was also possible to prove that this equipment constitutes a good alternative for pumping water on small rural properties.

Buying the Tokyo Dream! Working Women’s Metropolitan Romance in Japanese Television Drama

ABSTRACT Building on existing scholarship on the representation of female singlehood in Japanese television dramas, this article examines depictions of female romantic and professional development in two scripted streaming media series: Tōkyō joshi zukan and Tōkyō rabu sutōrī 2020. Both series’ female leads prioritise personal development and self-realisation over their love interests and end with singlehood (loosely defined as the status of being outside officially registered marriage). I examine the relationships between these women’s financial capacity and their attitudes toward love and marriage, followed by a comparison of these idealistic representations with the dilemmas facing working women in reality. As the ‘Tokyo’ in their titles suggests, the geographic location of the capital plays a central role in both dramas. Their characters’ negotiation of gender and power dynamics is inextricable from the socio-spatial attributes of Tokyo, framing the striving single female professional as an essentially urban character.

CHINA’S INVESTMENT ACTIVITY IN THE BRICS COUNTRIES

The purpose of this article is to determine how close China’s investment cooperation is with the BRICS countries and what are the prospects for China’s investment activities in these countries. In recent years, China has consistently ranked among the top three largest investors in the world. Many developed countries are concerned about China’s active investment activity in Europe and Africa. However, despite all the risks from FDI, countries continue to attract FDI, including Brazil and South Africa. In particular, today, due to the tense geopolitical situation, Russia is interested in China’s investments more than ever. The BRICS countries already have their own bank to finance projects within the association, however, it is important to strengthen investment cooperation as well.The results of the study show that the main capital of Chinese investors is accumulated in Brazil, where Chinese investors are attracted by the extractive industry. Almost half as much Chinese FDI was made in Russia as in Brazil, where the country’s energy sector was also the main recipient. Despite the difficult political environment in India, Chinese investors have been gradually increasing investment in the country in recent years. South Africa and Russia are now members of China’s The Belt and Road Initiative, where China directs a significant share of all its foreign investments. Having the greatest financial capacity, China can become a link between the countries by investing in joint projects in these countries.

Organization of head and neck cancer rehabilitation care: a national survey among healthcare professionals in Dutch head and neck cancer centers

PurposeHead and neck cancer (HNC) treatment often leads to physical and psychosocial impairments. Rehabilitation can overcome these limitations and improve quality of life. The aim of this study is to obtain an overview of rehabilitation care for HNC, and to investigate factors influencing rehabilitation provision, in Dutch HNC centers, and to some extent compare it to other countries.MethodsAn online survey, covering five themes: organizational structure; rehabilitation interventions; financing; barriers and facilitators; satisfaction and future improvements, among HNC healthcare- and financial professionals of Dutch HNC centers.ResultsMost centers (86%) applied some type of rehabilitation care, with variations in organizational structure. A speech language therapist, physiotherapist and dietitian were available in all centers, but other rehabilitation healthcare professionals in less than 60%. Facilitators for providing rehabilitation services included availability of a contact person, and positive attitude, motivation, and expertise of healthcare professionals. Barriers were lack of reimbursement, and patient related barriers including comorbidity, travel (time), low health literacy, limited financial capacity, and poor motivation.ConclusionAlthough all HNC centers included offer rehabilitation services, there is substantial practice variation, both nationally and internationally. Factors influencing rehabilitation are related to the motivation and expertise of the treatment team, but also to reimbursement aspects and patient related factors. More research is needed to investigate the extent to which practice variation impacts individual patient outcomes and how to integrate HNC rehabilitation into routine clinical pathways.

Correlations between Local Institutional Capacity and Community Conservation Partnerships in Lore Lindu National Park

The Community Conservation Partnership (CCP) is a policy option for ensuring the sustainability of conservation functions while improving the local community's economy. The critical issue in implementing this policy is local institutional capacity. This study aimed to describe the correlation between local institutional capacity and the performance of community conservation partnerships in LLNP. This study was carried out in 10 villages that had established conservation partnership agreements with LLNP managers. This research adopted a quantitative descriptive method. This study revealed that CCP performance was significantly dependent on local institutional capacity. The CCP programme improved the function of conservation areas, but did not boost the local economy significantly. Trust and financial capacity are the essential organisational and management capacities that strongly correlate with CCP performance. The performance of CCP was more strongly correlated with the organisational and management capacity of the local institution than with individual capacity. The individual capacity of the local institution that strongly correlated with CCP performance was only the technical capacity in forestry. Therefore, strengthening capacity at organizational and management levels, such as building trust, communications, and funding support for local institutions, is crucial for improving and sustaining conservation partnerships.

Significant factors affecting the Vietnam Roads Infrastructure Construction Cost Overrun - A Review

Cost overrun represents a significant challenge faced in construction projects, particularly in the realm of transportation infrastructure. The investigation into the causes of cost overruns in such projects has garnered substantial attention from both academics and the general public. Various studies conducted globally have identified diverse factors contributing to cost overruns. This article undertakes a critical review of the literature on cost overruns in construction projects, encompassing cases from different countries with a specific focus on Vietnam. The aim is to identify and comprehend the primary potential causes of cost overruns in construction projects across various geographical contexts, providing insights into both commonalities and distinctions within the identified factors. According to the findings of this study, the ten identified factors encompassing Delay in site clearance certificates, Change Management, Delay in Payment, Extension of the project implementation schedule, Construction Material Price Fluctuation, Effects of inflation and price slippage, Poor construction site management, Poor project management capacity of the investor, Poor financial capacity of the investor, Geological complexity are deemed highly influential and warrant close scrutiny during the implementation of projects in Vietnam. The insights gained from this study will serve as invaluable recommendations for active entities within the construction industry to adopt a more holistic approach to project management, cost control, and cost overrun management. By addressing quantitatively these factors in the forthcoming research, organizations in construction industries in Vietnam can effectively minimize project costs overrun in the future.

Analysis of the Financial Capability of the Semarang City Regional Government over the Period 2018- 2022

Regional autonomy gives regions full authority to regulate and manage the resources they have. However, to ensure independence, effectiveness and efficiency in the management of Semarang City regional finances by the Semarang City Regional Financial Agency, it is necessary to establish clear standards or guidelines. This research aims to evaluate the regional financial capacity of Semarang City from the 2018 to 2022 Fiscal Year using various financial ratio analyzes. The analysis includes financial capability ratios (Degree of Fiscal Decentralization), financial effectiveness ratios, financial efficiency ratios, and financial independence ratios. The results of this research show that the regional financial capacity of Semarang City during the 2018-2022 Fiscal Year period, although experiencing fluctuations, still shows a level of financial effectiveness that is in the effective and balanced effective category. Even though there was a decline in 2019 and 2021, the decline did not exceed 15%, it still remains in the balanced effective category, and an increase of above 5% is also included in the effective category. Semarang City's financial efficiency in 2018-2019 is classified as inefficient with an efficiency level above 100%. However, from 2020 to 2022, there will be a change to the efficiency category with an efficiency level below 100%. Semarang City's regional financial independence, although experiencing fluctuations, remains in the delegative category. The increase in the regional financial capacity of Semarang City from the 2018 to 2022 Fiscal Year based on the Degree of Fiscal Decentralization analysis shows an increase of more than 1% each year

Leadership, Social Capital and Village Finance: Development Capital For Village Sustainability

This research aims to capture the combination of leadership, social capital, and village finance in realizing rural sustainable development. Field research seeks to understand social reality by the actual circumstances that exist and occur in a particular area. Researchers obtain scans of social reality through a qualitative research approach. Researchers in this context use qualitative research with an emphasis on case studies. The research used participant observation techniques, in-depth interviews, and field documentation. The results show that the village's financial capacity is an essential element. However, more importantly, the legitimacy and trust of the community in the leadership of the village head can establish communication in campaigning for village environmental conservation with a sustainable development orientation. The village head presents himself as a protector through humanist communication interactions with all elements in the village environment. The legitimacy of power and trust in the formal village leader leads to the belief of the community to take part in village development.

Big data analytics and corporate financing constraints: Evidence from a developing country

AbstractUsing the panel data of A‐share listed companies from 2011 to 2020, we explore the effect of big data analytics (BDA) development on corporate financing constraints. We innovatively design quantitative indicators of BDA with the help of textual methods and found that BDA can significantly mitigate corporate financing constraints after a series of robust and endogeneity test. Moreover, BDA can promote the corporate's total factor productivity (TFP) and increase the financing capacity of corporation. Overall, BDA will significantly ease corporate financing constraints.

A Traditional and Non-traditional Export Performance Assessment: An empirical examination of factors enhancing the competitiveness of Zambia's Exports

This study examined the performance of traditional and non-traditional exports and further analyzed the factors that determine their performance in Zambia using a time series analysis (1960 and 2021). With the aid of the Vector error correction model, the study found that increases in the Real GDP, and Foreign Direct Investment of Zambia positively and significantly affected the volume of exports. In the analysis of aggregate exports, the non-significance of the relative price elasticity (Foreign Exchange rate) suggests that trade policies that concentrate overly on expenditure switching such as tariff and non-tariff restrictions or devaluations do not effectively assist trade policy reform efforts. The study thus recommends the need to promote inclusiveness, diversification and growth in investment towards the production of export commodities, particularly through the Multi-Facility Economic Zones by providing incentives to expand export diversification and growth at the local level through revising the Fiscal and non-Fiscal incentive thresholds in MFEZs to reflect the financing capacity of local investors.

THE REVALUATION POTENTIAL OF UKRAINIAN AGRICULTURAL EXPORTS IN THE CONTEXT OF MARTIAL LAW AND POST-WAR RECOVERY

The paper highlights the immediate and delayed impact of certain factors on the exchange rate dynamics in Ukraine. It is proved that exports of food products and raw materials for their production can significantly strengthen the national currency in the long run. Continuous growth in food exports helps to slow down exchange rate appreciation, which ultimately leads to a stronger national currency. Thus, a strategy of focusing on increasing food exports can play an important role in strengthening the Ukrainian currency in the long run, having a positive impact on exchange rate dynamics and contributing to overall economic stability. The study reveals the understanding of the complex relationship between war, food security, and economic stability. Furthermore, the analysis adds a new dimension to the debate on the strategic importance of the agricultural sector for foreign exchange reserves and foreign exchange accumulation. Understanding the relationship between export volumes, world prices, and exchange rate fluctua tions can help to better predict and manage currency fluctuations and to determine the extent to which Ukraine’s revolving fund capacity can be built.

Firm Attributes and Corporate Financial Distress of Listed Manufacturing Firms at The Nigeria Exchange Group

This study investigated the effect of firm attributes on corporate financial distress of listed manufacturing firms in Nigeria. The specific objectives of this study was to investigate the relationship between six dimensions of firm characteristics (profitability, financial leverage, tangibility, liquidity, operating capacity and firms size) and corporate financial distress of manufacturing firms in Nigeria. Ex-post facto research design and a cross sectional time series secondary data covering the period of one hundred and fifty observations (2018-2022) was extracted from the audited financial statement of thrifty (30) manufacturing firms listed on the floor of Nigerian exchange group. The data collected was analysed using descriptive statistics, correlation analysis and Generalized Method of Moments (GMM) of regression analysis. The result from the regression analysis indicated that profitability does positively and significantly affect corporate financial distress; financial leverage does negatively and significantly affect corporate financial distress; tangibility does positively and insignificantly affect corporate financial distress; liquidity does positively and insignificantly affect corporate financial distress; firm size does positively and insignificantly affect corporate financial distress and operating capacity does positively and insignificantly affect corporate financial distress of listed manufacturing firms in Nigeria. Based on the findings, the study generally concluded that firm attributes impact on corporate financial distress of listed manufacturing firms in Nigeria. Hence, it was suggested that corporate managers need to determine and maintain the appropriate level of profitability to ensure smooth operation and continual survival of the organization in term of short run but should be careful in evaluating the long term profitability.

Why did middle-aged and older people retire since the first COVID-19 lockdown? A qualitative study of participants from the Health and Employment After Fifty study

BackgroundGovernments of Western countries need people to work to older ages, however the COVID-19 pandemic impacted the workforce by pushing older adults to retire. Socio-demographic factors that influence the decision to retire in the pre-pandemic period were, poor or good health, finances, marital status, and gender. The aim of this study was to explore aspects that contributed to the decision to retire among middle-aged and older people in England who retired during the COVID-19 pandemic.MethodsIn September 2022 semi-structured interviews were conducted with a sample of participants from the Health and Employment After Fifty (HEAF) study who retired since March 2020. Consenting participants were purposively selected to achieve a wide spread of characteristics deemed important in the retirement process. Telephone interviews were conducted, audio-recorded, transcribed and then thematically analysed.Results24 interviews were conducted (10 men and 14 women, mean age 65 years). Six themes were identified: four of them were non-COVID-19 aspects while two can be interpreted as impact of COVID-19 on the workforce. Work-related factors were of major importance. A sense of appreciation and attachment in relation to their employer, and conversely high work demands and stress, as well as changes in work responsibilities and work practices since lockdown and/or perception of personal safety in the workplace during the pandemic influenced their retirement decision, as did physical and mental health issues. Another theme suggested that some participants felt they had reached the ‘right’ age and needed to spend more time with family. Having the financial capacity to retire was widely mentioned but was never the main factor.ConclusionsThe decision to retire during the pandemic was multi-factorial although changes to work during lockdown were of great importance. Post-pandemic, our findings suggest that there are modifiable aspects of work, including appreciation and fair pay and work conditions, that employers and policy makers could encourage to retain their older workers.

Fiscal Independence of the Regional Government of Kupang Regency in the Implementation of Regional Government Affairs

The financial performance of the Kupang Regency regional government is important information in making regional financial management policies. One tool for analyzing local government financial performance is by analyzing financial ratios. This research aims to analyze the fiscal independence of the Kupang Regency regional government in 2017-2021. This research is a case study research conducted at the Regional Financial and Asset Management Agency. Data collection using interviews and documentation The results of the research show that the degree of fiscal decentralization over the five year period (2017-2021) is on average 7.5% and Fiscal Independence is on average 6.52% which based on the criteria is categorized as very low This means that regional financial capacity to finance its activities is still very lacking and is dependent on the central government.

Factors affecting financial capacity

Abstract structured in: This article studies the factors affecting the financial capacity of Vietnamese securities companies.Introduction: Securities companies are a component that makes up the stock market. The birth and development of securities companies is associated with the formation and development of the stock market.Methods: The research data set includes audited financial reports (and financial safety) of Vietnamese securities companies (operating on the HNX, HoSE and Upcom exchanges) in the period from 2014 to 2021. The article uses the PROBIT binary model to analyze regression factors affecting the financial capacity of Vietnamese securities companies in the system, because the dependent variable is a binary variable, the independent variables will be quantitative. Measure the probability of impact of independent variables that change financial capacity from weak to strong.Results: The article has determined that the financial capacity of Vietnamese securities companies is governed by 6 factors belonging to the securities companies themselves (and 2 control variables and macro variables). All of the above factors have a positive or negative impact on the financial capacity of Vietnamese securities companies.Conclusions: Based on the research results, the author of the article offers some discussions and assessments on improving the financial capacity of Vietnamese securities companies in the coming time, in addition to recommending financial solutions aimed at improving financial capacity of Vietnamese securities companies in the coming time. high financial capacity for securities companies

Impact of financial capability on the sustainable growth of securities companies: A case study

Growth not compatible with the financial capacity of the business, uncontrolled growth, imbalance of resources, dependence on external funding, and financial risks may occur. That is the current situation of some securities companies, in the context of a volatile world economic context. Meanwhile, theoretical and empirical research on this special type of enterprise on the relationship between financial capacity and sustainable development is still limited, especially in countries with marginal stock markets, which are making emerging transformation efforts. The goal of the article is to clarify whether or not financial capacity has an impact on the sustainable development of securities companies. Data was collected by the authors from 78 securities companies, with 591 observations in the period from 2013 to 2022 operating on the Vietnam Stock Exchange. By using linear regression methods (OLS, FEM, REM, GLS regression models), the article has identified seven factors affecting the sustainable development of securities companies, those factors are 1) scale of total assets of securities companies; 2) self-financing coefficient; 3) financial leverage (debt ratio); 4) profitability of equity; 5) profitability of assets; 6) retained profits, and 7) financial safety ratio. With the experimental results obtained, the authors propose a number of solutions aimed at sustainable development for securities companies such as increasing equity capital, promoting debt capital mobilization, restructuring capital sources, and providing strengthened risk management capacity.

Фінансова спроможність територіальних громад у контексті забезпечення соціально-економічного розвитку

The aim of the article is to determine the economic essence of the financial capacity of territorial communities and to clarify its role in ensuring social and economic development. The article discusses approaches to the economic essence of the financial capacity of territorial communities. The authors disclose the essence of this economic category as the ability of a territorial community to form the amount of budget revenues, which is sufficient and adequate to the expenditure part of the budget, from which the list of public goods and services defined by law, which meet the established national standards and criteria, is financed; also to promote the processes of socioeconomic development of the community. The structure of financial resources of the territorial community is considered. It is determined that it is local taxes and fees that ensure the financial autonomy of local self-government bodies (LSGB). The need to strengthen the fiscal sustainability of the budgets of territorial communities as an element of ensuring their financial capacity is substantiated. One of the directions of implementation of this is to increase the fiscal significance of the property tax by improving the mechanism of its administration. The main determinants of ensuring the socioeconomic development of territories have been identified, the main place among which belongs to financial instruments. The relationship between the financial capacity of territorial communities and the Sustainable Development Goals (SDGs), which can be achieved at the local level, is studied. With the help of the Ishikawa diagram, measures to achieve SDG 8 (Decent Work and Economic Growth) are allocated, including stimulating the employment, ensuring the sustainable growth of the gross regional product, increasing the production efficiency and creating the financial opportunities for economic self-realization in relation to the financial capacity of the territorial community. It is noted that the use of financial preferences in order to stimulate economic activity in a territorial community can in some way reduce its financial capacity in the current period, but is aimed at increasing it in the medium and long term and strengthens the fiscal sustainability of local budgets.

Micro and Small Enterprises’ Development in the Ethiopian Construction Industry: The Challenges and Improvement Regulatory Framework

The purpose of this study is to assess the challenges and develop a regulatory framework for the sustainable development of micro and small enterprises (MSE) in the construction industry. A structured questionnaire was used to collect the quantitative data and a semi-structured interview was conducted to get detailed insight into the MSE development. Descriptive analysis was used for the quantitative data analysis and the qualitative data was analysed thematically focusing on the challenges and applicable regulatory instruments. The identified internal challenges are associated with management practice, financial capacity and technical capacity. The external challenges are ineffective policy support and regulation, weak registration practice and demand and price fluctuation. Considering these findings, an improvement regulatory framework with four pillars was developed. The pillars of the improvement regulatory framework are registration and follow-up, access to markets, access to finance, and training and advisory. The identified internal and external challenges are interrelated and situation-dependent; therefore, continual monitoring and controlling of the operating environment would help to ensure the sustainable development of MSE. The nature of the construction industry in developing countries shares common characteristics, hence the findings and the developed improvement framework can be extended to similar contexts.

Factors Influencing the Financing of Renewable Energy Projects for Sustainable Development Goals with a Fuzzy Cognitive Map Approach

Objective: The aim of this study is to analyze the factors influencing the financing of renewable energy projects to achieve sustainable development goals using a fuzzy cognitive map approach. Methodology: This applied research was conducted in both qualitative and quantitative sections. In the qualitative section, content analysis with a conventional and directed approach was employed, and in the quantitative section, a causal method was used. Data were collected through semi-structured interviews in the qualitative phase and pairwise comparison questionnaires in the quantitative phase. The participants were senior managers and experts from the Renewable Energy and Energy Efficiency Organization (SATBA), selected using purposive and theoretical sampling (a total of 21 participants). Findings: The qualitative findings revealed key influencing factors, including "social responsibility," "direct and indirect government support," "sustainable economic development," "environmental sustainability," "support from financial funds," "commercial creditworthiness of financial suppliers," "foresight and capital planning," "financial capacities," "investment return policies," "empowerment of financial institutions," "renewable energy development policies," "investment culture in renewable energy," and "optimal management of investment risks." The fuzzy cognitive map results showed that "direct and indirect government support for the energy industry" had the highest output and influence, while "commercial creditworthiness of financial suppliers" had the highest input power and susceptibility to influence. Conclusion: This study provides a comprehensive analysis of the factors affecting the financing of renewable energy projects. It highlights the critical roles of government support policies and the commercial creditworthiness of financial suppliers in the success of these projects, suggesting that improvements in these areas can contribute to achieving sustainable development goals.

Аналітичне забезпечення управління безперервністю діяльності підприємств в умовах невизначеності

The war in Ukraine has become a dominant negative factor affecting the continuity of activity of almost every business entity, which actualizes the issue of improving management information support. The article aims to reveal the theoretical and methodical foundations of analytical support for business continuity management under uncertainty. It was substantiated that the primary condition for the ability of enterprises to continue their existence shortly is the financial ability to reproduce their value sustainably. It was determined that the main characteristics of the financial capacity of enterprises' business continuity are the financial condition, financial stability, and the potential of value reproduction. These characteristics are interrelated. The starting provisions for developing analytical support for business continuity management have been formed. A methodical approach to the comprehensive analysis of the financial capacity of continuity of activity was proposed, which is represented by three blocks: 1) preliminary analysis of internal and external factors; 2) comprehensive analysis of the potential of the enterprise's financial capacity; 3) modification of the results of a comprehensive analysis of the potential of financial capacity for making management decisions and developing financial forecasts of the enterprise's development. The results of an analytical assessment of the degree of influence of factors on the continuity of activity based on an expert survey serve as an information base for making management decisions to select priorities regarding the reproduction of value by business segments for the future. A comprehensive approach to the real assessment of the value of the enterprise is based on a combination of private estimates of the value of the enterprise by cost, income and market methods by calculating an integral indicator that takes into account the specific weight of each of the approaches. This approach allows the formation of information for making management decisions, developing forecasts regarding the potential for value reproduction, and preparing conclusions to ensure continuous activity in conditions of uncertainty.