Effects Of Financial Assistance Research Articles

The Effect of Financial Assistance, Accounts Receivable Management and University Size on Financial Distress

The Effect of Financial Assistance, Accounts Receivable Management and University Size on Financial Distress

The Development of Malaysia’s Economic Growth through Youth Entrepreneurship Support System

Global economic challenges have forced the majority of youth to become self-employent. As such, being an entrepreneur is one of its branches. However, to start entrepreneurship, these young entrepreneurs need to be assisted in some areas especially financial. Regarding to this matter, the significance of this study is to examine the development of Malaysia’s economic growth through the youth entrepreneurship support system (Financial Assistance) for the period of 2010 until 2019. In addition, this study also will look at both the long run and short run effect of Financial Assistance on economic growth. This study will employ the Autoregressive Distributed Lag (ARDL) bound testing approach for Cointegration and the Error Correction Model (ECM) for short-term relationship. All the variables will be test for the stationarity of the series at all level. Through this research, hopefully an effective model of Financial Assistance in Malaysia can be proposed in order to enhance the development of economic growth through youth entrepreneurship.

European economies in crisis: A multifractal analysis of disruptive economic events and the effects of financial assistance

We analyze the complexity of rare economic events in troubled European economies. The economic crisis initiated at the end of 2009, forced a number of European economies to request financial assistance from world organizations. By employing the stock market index as a leading indicator of the economic activity, we test whether the financial assistance programs altered the statistical properties of the index. The effects of major financial program agreements on the economies can be best illustrated by the comparison of the multifractal spectra of the time series before and after the agreement. We reveal that the returns of the time series exhibit strong multifractal properties for all periods under investigation. In two of the three investigated economies, financial assistance along with governments’ initiatives appear to have altered the statistical properties of the stock market indexes increasing the width of the multifractal spectra and thus the complexity of the market.

Factors underlying the employment effects of financial assistance policies

This paper examines the employment creation effects of financial assistance to industry. The assistance schemes covered are the regional policy instruments of Regional Development Grant and Regional Selective Assistance, and the assistance policies of local authorities and a number of other agencies. Using survey data and regression techniques it is shown that there are significant variations in cost-effectiveness between assistance schemes and between projects of different purpose. A policy implication of this is that agencies could increase the employment creation effects of their policies by focusing assistance on particular types of project.