Financial Concepts Research Articles

Systematic Literature Review (SLR) on Annuity Modeling of Plantation Replanting Cost Reserves Based on the Cobb-Douglas Model

Annuity is a financial concept that involves a series of periodic payments or receipts. In oil palm plantation management, the annuity concept is adapted to model and estimate the reserves required for replanting costs over time. The Cobb-Douglas model is a model that considers the contribution of various factors in the production process. This model can be used to estimate the income of plantations. This study discusses the Systematic Literature Review on Annuity Modeling of Plantation Replanting Cost Reserves through the application of the Cobb-Douglas Model using the Reporting Method of Choice for Systematic Review and Meta-Analysis (PRISMA) method. The study systematically collected and analyzed relevant literature from Scopus, Science Direct, Dimensions, and SAGE databases. The review followed a structured methodology that included four main stages: Identification, Screening, Eligibility, and Inclusion. Analysis was conducted on the datasets obtained at the Eligibility and Inclusion stages. Statistical techniques facilitated by the "bibliometrix" package in RStudio software were used to process the findings. In addition, the results can be accessed through the "biblioshiny ()" command, allowing easy access through a web interface for in-depth exploration. Based on the inclusion and exclusion criteria carried out in this study, it can be concluded that there is no research that discusses the topic of annuity modeling of plantation replanting cost reserves using the Cobb-Douglas model specifically. This can be further research on this topic.

Unveiling Financial Literacy: Perspectives from Individuals and the Global Stage

In recent years, there has been a developing emphasis on exploring and assessing Financial literacy and its broader ramifications. However, much of this research has tended to focus on vulnerable population sub-groups, often overlooking more affluent segments of society. To establish a sustainable financial system, it's essential to extend financial literacy efforts to all individuals, including those who are educated and capable of disseminating financial information. This paper aims to offer a comprehensive perspective on the importance of financial literacy from a global standpoint and the determinants that influence an individual's level of financial education. Financial literacy is increasingly recognized as a key skill necessary for navigating today's complex financial landscape. It encompasses understanding concepts such as budgeting, saving, investing, and managing debt. Moreover, it involves the ability to critically evaluate financial products and make informed decisions about personal finances. Despite its importance, financial literacy levels vary widely among individuals and across different demographics. Factors such as education, income level, age, and cultural background can significantly influence one's financial literacy. For instance, individuals with higher levels of education generally exhibit greater financial literacy due to their exposure to financial concepts and resources. However, merely possessing a high level of education does not guarantee financial literacy. Other factors, such as personal experiences, family upbringing, and access to financial education resources, also play crucial roles. Furthermore, societal and cultural norms regarding money management can shape an individual's financial attitudes and behaviors. In light of these complexities, efforts to enhance financial education must be inclusive and holistic. This entails providing accessible and relevant financial education to individuals across all demographics, including those who may not traditionally be considered at risk. By empowering people with the knowledge and skills to make sound financial decisions, we can contribute to building a more resilient and equitable financial system for the future. KEY WORDS Financial Literacy, Importance, Determinants, Vulnerable Populations, Affluent Segments, Sustainable System, Education, Dissemination, Global Perspective, Navigating

Using Excel to Teach Agri-business and Financial Literacy Concepts to 4-H Youth

Teaching youth agribusiness subject matter and financial literacy through 4-H livestock projects is an important task. This article discusses using Excel as a record keeping tool to expand knowledge and comprehension of financial concepts and profitability in the beef industry. A description of the Excel record book contents and parent feedback is presented. Using the Excel record book expanded conversations about the beef industry and proved to be a favorable tool for increasing youth understanding of critical agribusiness concepts.

Threshold effect of non-interest income disaggregates on commercial banks’ financial performance in Zimbabwe

Financial performance has become a trending concept in corporate finance and strategic management in recent times especially in the aftermath of the Global Financial Crisis (GFC) of 2007–2009. As an antidote to charter value erosion caused by stiff competition from incumbents in traditional banking activities, banks venture into non-core banking activities as a diversification and survival strategy. The purpose of the study is to determine the optimal threshold levels of non-interest income that stimulate financial performance of ten Zimbabwean commercial banks using non-interest income disaggregates over 2009–2020. Unfortunately, studies that examine the non-interest-income-financial performance nexus of banks involved in intermediation are scant and inconclusive. Furthermore, the use of threshold models to crack this puzzle are conspicuous. The study employed Fully Modified Ordinary Least Squares and Threshold difference Generalized Methods of Moment nonlinear threshold approaches. The aggregated and disentangled non-interest income dynamic optimal thresholds found are 26 %, 17 % and 10 % whereas the average static ones are 35 %, 28 % and 17 %. Compared to aggregated non-interest income, the study reveals that the disaggregates pose a greater positive impact on financial performance of banks in the upper regime than their counterparts in the lower regime. In addition, more banks were found to be operating below the required minimum thresholds. To avert episodes of bank failures and hedging against banking sector fragility, commercial bank managers should come up with well-diversified portfolios of income-generating ventures. Also, central bank regulations must promote non-interest activities, competition, growth and reduce leverage of commercial banks.

The aspects of implementation of digital technologies under rendering of services in health care: The publications review

The article presents review summarizing contemporary National and foreign experience of implementing digital technologies under provision of services in health care. The systematic analysis of data from Scopus, eLibrary, PubMed and others electronic databases permitted to select 30 sources in Russian and English for 2016-2023. Modern digitization trends affect collaborations of companies where vectors of modernization become development of unified digital framework based on common state information system of health care; common educational platform for medical knowledge enriching by AI capabilities, through development of organizational activities and workflows based on digital technologies and services utilizing digital transformation. The deficiency of tools evaluating efficiency of reading software products and scalability of health digitization processes become problematic issues. As of today, diagnostic technologies using AI systems, technologies of lung cancer screening, examination methods of patients with post-traumatic deformations of cheekbone-orbital complex, monitoring of readings of devices with digital registration, further office consulting of various levels and application of AI in neurosurgery were described already. The article also considers issues of telemedicine consultations and development of modernized care models. The authors expect that digital ecosystem in development addressing issues of legal concept of management, financing and system of patient legal protection will do everything necessary to mitigate cyber incidents.

Роль концепта «непроизводительные деньги» в производстве антропоморфных метафор англоязычного финансового дискурса

The article analyses the role of anthropomorphic monetary metaphors (AMMs) in interpreting professional English-language financial information by recipients (in our case, university students). The priority direction – English-language AMMs of unproductive capital – is but sparingly represented in modern Russian and foreign linguistic papers. The article aims to study the role of AMMs in qualifying financial concepts. The subject of the study is the functioning and implementation of figurative language units exposing the concept of the category of money in the semantics of idle funds. The object of the study is the adjective + money model, where the modifier (adjective) of unproductivity imparts a pejorative meaning to the figurative expression. The new epistemological strategy of humanitarian anthropomorphism places emphasis on the relevance of studying AMMs in the linguocultural context of English-language financial discourse due to their linguistic and cultural asymmetry in Russian and English, which reduces the level of learning intuitiveness. The research method applied here is a linguistic semiological analysis of the adjective + money model with an unproductivity modifier. The material included a corpus of periodicals, archives, financial encyclopaedias and dictionaries, as well as online media. The author draws an inference that an interweaving of the conceptual domains of idleness and finance generates a metaphorical transfer from human characteristics to monetary entities with an expressive negative connotation of cognitive models that metaphorically reflect the attitude towards idle capital. Moreover, finding their way into the lexical equipment of the professional continuum, AMMs activate students’ rhetorical thinking, simplifying concepts that are difficult for them to understand and increasing their level of learning intuitiveness. The results can be of interest to linguists and experts in cultural studies and be used in the field of discourse analysis.

The interdependence of financial literacy and crypto literacy

As cryptocurrencies become more prevalent in investor portfolios, we examine whether a greater knowledge of digital assets is connected to an understanding of broader financial concepts. We find a positive relationship between cryptocurrency (crypto) literacy and financial literacy, suggesting that a higher understanding of cryptocurrencies may lead to better financial decision-making. Our research reveals that individuals with higher levels of subjective crypto literacy are more likely to seek professional guidance and view it as complementary to their own knowledge of digital assets. We conclude by discussing the possibility of including crypto literacy in financial services.

KEY CONCEPTS OF MODERN ENGLISH FINANCIAL DISCOURSE

The study is devoted to the analysis of key concepts of financial English discourse contained in media texts. The research material is based on financial texts posted on the website theguardian.com. The article is aimed at identifying the impact of the selected concepts on a wide audience. The main purpose of the study is to systematize and identify the main concepts that characterize the specificity of the linguistic image of financial concepts in the media context. To achieve this goal, the analysis methodology is used, which involves a thorough study and identification of the key elements of financial English discourse in media texts. The main theses of the study include the analysis of the use of specialized terminology and linguistic features of speech in media materials. The concept of "concepts of financial English discourse" is defined in the article as key ideas, concepts or topics that characterize the specificity of the speech image in the field of finance in the English-speaking environment. These concepts cover financial terms, concepts, principles, theories, strategies and other aspects that are actively used in the speech in the field of finance and economics in English-speaking countries. It has been found that the main concepts implemented in the financial texts on theguardian.com are RISK AND RISK MANAGEMENT, BANKING SERVICES, INVESTMENTS, FINANCIAL MARKETS, FINANCIAL INSTRUMENTS AND PRODUCTS, FINANCIAL INDICATORS AND REPORTS, MONEY AND CURRENCY. The selected concepts reflect various aspects of financial activities, such as risk management, investment, banking, financial analysis, international finance, budgeting, as well as economic concepts that affect financial markets and the global economy. The results of the study demonstrate the significant influence of the information space on the formation of financial English-language discourse for a wide audience of media platforms. The conclusions emphasize the importance of understanding financial terminology and the ability to analyze media texts in order to improve the financial literacy of society.

Increasing Literacy and investment assistance in Sharia Financial institutions for Muslim Study Groups in the Suburbs of Palangka Raya City

The aim of this activity is to increase understanding of sharia financial concepts, encourage responsible financial management, facilitate access to sharia financial products, increase awareness of sustainability and economic ethics, reduce financial risks and increase economic resilience, and empower the community through sharia financial literacy. The activity was carried out using the lecture and mentoring method in Petuk Ketimpun Village, the participants were the Muslim recitation group at the Nurul Iman Mosque. As a result, participants' sharia financial literacy increased.

Kaitan Mental Accounting Dan Perilaku Keuangan Terhadap Keputusan Investasi Investor Milenial Post Pandemi Covid 19

The Covid-19 pandemic has made online purchases increase quite dramatically. T The focus of mental accounting is how one should respond and evaluate a situation when there are two or more possible outcomes. The concept of behavioral finance takes into account various types of investors in the perception of risk associated with investment decisions. In this study, an analysis was carried out regarding how the influence of Mental accounting and Behavioral finance owned by Millennial investors in Denpasar on investment decisions. The sample was taken using a purposive sampling technique, so that the total sample is 100 millennial investors. The results of this study show that mental accounting and behavioral finance positively and significantly influence the investment decisions of millennial investors in Denpasar.

Pengaruh Pemahaman, Religiusitas dan Kualitas Pelayanan Terhadap Keputusan Nasabah Dalam Memilih Bank Syariah

Customers' decisions to save are influenced by several internal and external factors such as financial literacy and promotions. Financial literacy reflects an individual's ability to understand financial concepts, financial products, and services and to control personal financial resources independently. Promotion is one of the determining factors for the success of a marketing program. This research aims to determine the influence of sharia financial literacy and promotions both spatially and simultaneously on customers' decisions in choosing Bank Riau Kepri Syariah products. This research approach uses a quantitative descriptive approach. Data was collected using questionnaires and field observations. The research results show that partially sharia financial literacy and promotion have an influence on customers' decisions in choosing Bank Riau Kepri Syariah products. Simultaneously, the variables of sharia financial literacy and promotion influence customers' decisions in choosing Bank Riau Kepri Syariah products with a percentage of 88.2%.

FINANCIAL LITERACY EDUCATION IN VOCATIONAL SCHOOL STUDENTS

The level of financial literacy among vocational school students is often low, with a lack of understanding of financial concepts which can affect the ability to manage personal finances and face financial challenges in the future. This service aims to increase the financial literacy of vocational school students, with a focus on wise budget management habits. Specific objectives include increasing students' understanding of financial literacy, increasing financial awareness, and encouraging the application of financial literacy concepts in everyday life. Community service activities were carried out at the Kefamenanu Catholic Vocational School, involving 25 students. Community service activities are carried out through training, workshops and financial simulations. Material covers the basics of money management, budget planning, investing, and personal financial planning. Evaluation is carried out through direct feedback from participants using questionnaires, observation of student participation, and group reflection sessions. The results of the activity showed a significant increase in vocational school students' understanding of financial literacy after participating in the activity. As many as 85% of students stated that their understanding of the material had increased, and 90% were satisfied with the method of delivering the activities. Additionally, 75% of students expressed the hope of applying financial literacy concepts in everyday life. These results provide a positive picture of the success of the activity and the potential for future improvements, including technology integration and the addition of more in-depth material.

Rich Dad, Poor Dad's Financial Freedom Road Map

With the rapid development of the global economy, trade between nations is becoming more and more closer in the context of economic globalization. People's pursuit of a happy life has also reached a new level, with financial freedom being a goal that an increasing number of people are pursuing on their path to happiness. The objective of this research is to examine in detail the ideas of financial freedom presented in the book “Rich Dad Poor Dad” and to investigate how these ideas may be more effectively applied to individual financial planning in order to attain financial independence, taking into account the current socioeconomic climate. This study employs a range of research methodologies, such as the literature research method, case study method, and qualitative analysis method. It begins by introducing the idea and significance of financial freedom, then analyzes the book's central financial concepts, and finally offers recommendations and strategies for achieving financial freedom in the context of the contemporary socioeconomic environment. The paper concludes by summarizing the findings and anticipating the direction of additional research on financial independence. Changing one's financial concepts, investing in financial education, and generating passive income are the keys to achieving financial freedom, according to this study, which was conducted after extensive research and analysis of the book Rich Dad, Poor Dad. People can also become more financially independent by having a deeper understanding of these concepts.

Financial Literacy : Promoting Fundamentals to Improve Financial Wellbeing among the Youth

The best investment you can make is an investment in yourself. The more you learn, the more you’ll earn. - Warren Buffett. Financial literacy is a concept which is very important for all age groups to know. It prepares any person to create and manage his daily life as well as his future financially. Financial literacy means handling money wisely. It includes having a basic understanding of the fundamental roots of money such as debt, budgeting, saving and investing. Anyone can create wealth throughout his life by taking advantage of the power of these concepts of finance. These capabilities help the individual to achieve various life objectives including family planning, education, and retirement and even spending on luxuries. Therefore, it is very important that our young generation also understands financial concepts and takes financial decisions wisely. This study is an attempt to show the awareness of our young students, so that it can be known how much the youth knows about financial matters. The main objective of this research paper is to study about awareness of financial literacy among young students in Baddi Barotiwala Region. This research information was mainly gathered by collecting primary data with respect of 80 respondents with the help of questionnaire and has been analyzed through statistical analysis and tools.

A narrative review on quantum finance theory

This paper systematically reviews the historical development trajectory and current situation of quantum financial theory research through an in-depth review of relevant literature. This paper summarizes the history of the concept of quantum finance, elaborates on the development stages of quantum finance, and explains the contributions of representative work in different periods in various aspects, such as theoretical frameworks, mathematical models, and algorithmic tools, which is of great significance to the research path of quantum finance. In addition, the paper introduces in detail the research progress of domestic and foreign body problems, such as quantum algorithm optimization of investment portfolios, quantitative pricing of derivatives, quantum neural networks, etc., laying a good foundation for future in-depth study of this interdisciplinary subject. Overall, this paper systematically reviews the development history of quantum finance research, provides readers with a macro understanding framework by sorting out the progress in different research fields, and has significant reference value for interdisciplinary exchanges.

Automated Social Media Text Clustering Based on Financial Ontologies

Social media networks provide an aggregation of news and content, allowing users to share and discuss topics of greatest interest to them. Users can enrich the news by providing context and opinions that are useful to other users. Understanding topics of interest sheds light on the collective thinking of a group of individuals and offers important insights for exploring a given field. Among the fields of interest on social media networks, finance stands out. Automatically identifying and organizing the main issues that users discuss can be useful for multiple purposes, e.g., identifying the preferred types of loans could be useful for refining targeted advertising. Our work aims to identify and organize the topics discussed on a social media network that are related to the financial sector. For this, we propose an approach that consists of analyzing posts from Reddit communities oriented to finance. First, posts were gathered and cleaned to remove punctuation, links, and images. Then, textual similarity was computed to match posts with classes from dedicated ontologies designed for the financial sector. Finally, the populated ontology was analyzed to identify clusters of concepts. The results showed that the proposed approach and corresponding tool can summarize topics from a large number of Reddit posts using the identified classes. Over 70% of posts were linked to ontologies when considering both posts and comments, which shows that the automatic support given to posts related to financial concepts had a high degree of success.

OFFICIAL DEVELOPMENT ASSISTANCE (ODA) KANADA DALAM UPAYA MENGURANGI KEMISKINAN DAN MEMPERKUAT HAK ASASI MANUSIA DI NEGARA BERKEMBANG DAN AFRIKA TAHUN 2018-2022

This article aims to analyze the provision of Official Development Assistance (ODA) from the Canadian government to developing countries and African countries to reduce poverty and strengthen human rights in 2018-2022. Canada is a developed country that provides a lot of humanitarian assistance to developing countries and African countries. This raises the question, “What is the role of Canadian ODA in reducing poverty and strengthening human rights in Africa in 2018-2022?” To help answer the question, the authors use the concept of Humanitarian Financing. ODA provided by Canada in Africa is in the form of financial assistance. In conducting research, this article uses a qualitative research method, namely a literature study by collecting various books, journals, articles, and other sources to be able to answer this problem.

Influence of financial literacy on investment decisions of managers of small and medium enterprises in Mogadishu, Somalia

This research aimed to explore how well managers of small and medium enterprises (SMEs) in Mogadishu, Somalia, understand financial concepts such as savings, managing debt, handling financial risks, and planning for retirement, and how this understanding affects their investment decisions. The background of the study highlights that many SMEs in Mogadishu struggle to sustain their operations, with low profits or failure often due to poor investment choices. To investigate the link between financial literacy and investment decision-making among these managers, the study was based on the principles of modern portfolio theory. The research used a correlational design to analyze data from 250 targeted SMEs, with 154 respondents selected through stratified random sampling. Data collection was facilitated by questionnaires, and the analysis involved calculating means, standard deviations, and conducting regression analysis. The findings indicated that among the financial literacy components, debt management had the most significant impact on investment decisions (β=0.490, p<0.05), followed by financial risk management (β=0.137, p<0.05), and lastly, the ability to save (β=0.128, p<0.05). The study concluded that financial literacy plays a crucial role in influencing investment decisions among SME managers in Mogadishu, suggesting that improving financial knowledge could lead to better business outcomes.

Formation of financial literacy of schoolchildren by teaching solving problems with economic content

This article examines the problem of developing financial literacy among the population, especially among students in secondary schools. The need and methods for improving financial literacy are discussed, with particular emphasis on the subject of mathematics. The article emphasizes the relevance of including the formation of basic financial literacy skills as an important aspect of educating the new generation in the curricula of various school subjects. Ways to integrate financial literacy skills into mathematics instruction are also explored. In the context of mathematics lessons, tasks with real financial and economic content are proposed, aimed at developing basic financial literacy skills among students in grades 5-6. These tasks contribute to the development of basic financial and economic concepts that reflect key aspects of financial relations, as well as the development of practical skills and competencies. Because mathematics and finance share common aspects, using math problems with a financial context helps expand students' understanding of the real-life applications of mathematics in everyday life. The article also demonstrates that knowledge of basic financial concepts and their application in practice contribute to the development of understanding that can contribute to the development of thrift and sound money management skills. The effectiveness of this process is confirmed by the results of experiments conducted in the article.

Green Finance Supports Sustainable Environment: Empirical Approach towards Applicability in Tourism Sector

Purpose. Sustainable development Goal (SDG)-2030 is an important agenda of UN. Green finance concept is a way to support sustainable development goal. This research explore concept of green finance toward green industry in India. The aim of this study how green finance help in increase of green industry in Indian region focusing on the tourism sector specifically.
 Methodology. The study based on empirical research structure equation model constructed with help of SPSS and AMOS software. Data collected from respondent those are related to manufacturing company and availed green finance services from financial institute. Total 576 sample collected within Indian region.
 Finding. The study finds that green finance awareness, incentive, initiative and technology will increase green industry. The study finds that factors of green finance industries are green marketing initiative, green finance incentive, awareness about green finance and technology innovations.
 Originality. The study based of five factor these are green finance marketing initiative, green finance incentive to investor, green finance awareness, green technology innovation and green investment. All these factors support green industry in Indian region and other region as well.
 Practical implications. The aim of the study to fids out factors which increased green industry through green finance supports. The study related to finance services for green investment for sustainable society.