Financial Funds Research Articles

PENGARUH DANA PIHAK KETIGA, PEMBIAYAAN MUDHARABAH, DAN NPF TERHADAP LABA BERSIH BANK UMUM SYARIAH DI INDONESIA

Sharia banking measures the success of a company's performance using one important indicator, namely profit, increasing profits indicate better performance of sharia banking. Therefore, the aim of this research is to analyze factors that can influence profits at Islamic commercial banks in Indonesia, including third party funds, mudharabah financing, and non-performance financing. This research uses a quantitative approach, with secondary data obtained from the Financial Services Authority. This research was carried out using the multiple linear regression analysis method which aims to determine the influence of the independent variable on the dependent variable. Based on the research results, all independent variables, namely Third Party Funds, Mudharabah Financing, and Non-Performing Financing simultaneously have a significant influence on the dependent variable net profit. Based on the partial test, it shows that the Third Party Funds variable has a significant positive effect on net profit and Non-Performing Financing has a significant negative effect on net profit, while the Mudharabah Financing variable has no significant effect on net profit at Islamic commercial banks in Indonesia.

Crowdfunding Success Factors: Financial Information and Advertising Finance

This study aimed to determine whether financial information, business location, funding objectives and advertising content as intervening variables can help the success of funding through 10 crowdfunding platforms registered with OJK. This study used signalling theory in discussing equity crowdfunding platforms, which can be assumed by small investors as a signal of business quality and can convince investors to invest, thus reducing the problem of information asymmetry. The research method used in this study was descriptive quantitative with the analytical model used to test the hypothesis was the logistic regression analysis model. The population of this study consisted of companies seeking funding through crowdfunding platforms registered with OJK Indonesia. The research was conducted in 2023. The data used in this study was secondary data obtained from published crowdfunding platform data. A purposive sampling technique was used to determine the research sample. The results of this study are expected to provide information to funding project owners and investors to be used as a guide in making decisions. Keywords: financial information, business location, funding purpose, advertising finance, and funding success

Analysis on Different Investment Styles of Mutual Fund Investors

ABSTRACT The research paper provides a comprehensive analysis of the diverse landscape of mutual fund investing, focusing on the various investment styles adopted by investors. It categorizes investors into four main styles - conservative, moderate, aggressive, and speculative - based on their risk tolerance, investment horizon, and market perceptions. Through the examination of historical data and case studies, the paper evaluates the performance of these styles in different market conditions and economic environments. Additionally, the research investigates the factors influencing investors' style selection, including demographic variables, past experiences, and psychological biases. It also explores the role of financial advisors and fund managers in guiding investors towards suitable styles and mitigating risks. Overall, this research contributes valuable insights to the field of mutual fund investing, benefiting both individual investors and financial professionals.

From aid to resilience: Assessing the impact of climate finance on energy vulnerability in developing countries

Climate change is a major threat, and tackling it requires massive investment in sustainable practices and technologies. This paper explores the impact of the Global Climate Finance Fund (CF), including the Adaptation Finance Fund (AF) and Mitigation Finance Fund (MF), on energy vulnerability from 2000 to 2019 in a panel of 74 developing countries. Estimation using the Ordinary Least Squares (OLS) method showed that the CF significantly reduces energy vulnerability in developing countries. Furthermore, these results show that the MF has a greater reduction effect on energy vulnerability than the AF. To deal with the omitted variables bias and reverse causality, we applied the Oster (2019) stability test, and the Instrumental Variable Generalized Method of Moments (IV-GMM). The results confirm previous findings that climate finance reduces energy vulnerability, with mitigation finance having a larger effect. These results remained robust to the introduction of additional controls, to the exclusion of outliers, and to the use of alternative climate finance measures. Instrumenting climate finance by the share of important votes at the UN General Assembly and using three different instrumental estimation techniques, such as the Instrumental Variable Two-Stage Least Squares (IV-2SLS), Lewbel (2012), and Kiviet (2020), does not change our results. Finally, an asymmetry analysis through the application of the Canay (2011) quantile regression demonstrated that climate finance reduces energy vulnerability only for countries with a medium and high level of energy vulnerability. Based on these results, policy recommendations have been formulated.

Formation of state protection for urban passenger transport enterprises

This paper considers the task to provide state financial protectionism under the conditions of today's challenges. A model of effective interaction is proposed, which takes into account selective fair financing based on indicators of the investment attractiveness of the i-th region and the priority of the i-th region. The calculations proved the independence of the regional financing priority indicator on the level of investment attractiveness of the region, or vice versa. The methodology was tested on the example of urban passenger transportation entrepreneurship under the conditions of challenges that have arisen. According to the results, those territories that are recognized as the most affected and vulnerable, and the problem of support of which can be solved only with the help of state intervention, are eligible for state protectionism. The results of the calculations show that the distribution of financial funds in the amount of state finances S=1 allocated to support entrepreneurship is carried out proportionally. A comprehensive approach made it possible to determine the regions for state funding, while the most affected regions receive the largest share of financial investments – Luhansk, Chernivtsi, Kherson, Donetsk, Mykolaiv, and Sumy oblasts, which will receive funding to support urban passenger transportation, in the amount of 17.01 %, 16.89 %, 16.74 %, 16.57 %, 16.55 %, and 16.24 %, respectively. This study is of practical interest for state management bodies as it provides methodological recommendations for the allocation of funds to support the most affected regions. It is also useful for researchers studying financial provision, protectionism, and public administration, and it is recommended that future research be conducted taking into account the level of socio-economic development of states

Government fiscal decentralization and haze and carbon reduction: Evidence from the fiscal Province-Managing-County reform

Government governance reform is not only a vital motivation for high economic quality but also an important factor in stimulating the government's environmental governance responsibility. The article empirically examines the fiscal Province-Managing-County (PMC) pilot reform on the synergic governance of haze and carbon reduction and its mechanism. The results show that the policy helps to realize the synergic governance of haze and carbon reduction, and the reform of fiscal Province-Managing-County promotes regional haze and carbon reduction mainly through structural effect, innovation effect, and fiscal expenditure responsibility effect. The heterogeneity analysis shows that the policy has an asymmetric effect on haze and carbon reduction under different administrative structures, economic structures and levels of government intervention. Further analysis shows a policy linkage effect between this policy and the Green Fiscal Policy. The policy has the situation of blood-sucking in the provincial capital city and leads to an increase in financial funds. The above results prove that the policy can help to realize haze and carbon reduction and provide practical ideas for the further expansion of the policy. At the same time, it provides the direction for the local government to realize the double-carbon goal.

Government innovation awards, innovation funds acquisition and enterprise innovation

Government innovation awards (GIAs) are not only important science and technology (S&T) policies for stimulating innovation but also serve as innovation honors for enterprises. Based on signaling theory and expectancy-value theory, we construct an enterprise innovation reputation model, consider GIAs as a signal of innovation reputation, and empirically analyze how GIAs affect enterprise innovation. The findings confirm that GIAs can promote enterprise innovation and that enterprises’ high-quality innovation is more strongly promoted than their low-quality innovation. As a signal of innovation reputation, GIAs can help enterprises obtain external government S&T funds and S&T financial funds. The results show that government S&T funds acquisition plays a significant mediating role between GIAs and enterprise innovation output. These findings reveal the effect and micro mechanism of GIAs on enterprise innovation, can help deepen the understanding of innovation reputation and enterprise high-quality innovation, and can provide implications for innovation awards and financial policy-making.

The Influence of SME Funding and Non-Performing Financing on Indonesia's Economic Growth in The Period 2015-2022

This research aims to analyze the effect of MSME fund disbursement and non-performing financing (NPF) on Indonesia's economic growth in the 2015-2022 period. The research method used is quantitative with a descriptive approach. The data used comes from secondary data sources, such as the financial statements of the Financial Services Authority (OJK) and the Central Bureau of Statistics. The results showed that partially, the distribution of MSME funds had a positive and significant effect on Indonesia's economic growth. This shows that financial support provided to MSMEs through the distribution of funds makes an important contribution in encouraging better economic growth. However, partially, non-performing financing (NPF) has an insignificant negative effect on economic growth. Although the NPF problem may affect the financial sector, the results of this research show that its impact on overall economic growth is not significant. Simultaneously, MSME disbursement and NPF have a positive and significant influence on Indonesia's economic growth. This result confirms the importance of good management of MSME disbursement and NPF control in supporting sustainable economic growth. The implication of this research is that proper allocation of funds to MSMEs can improve business efficiency and development. In addition, effective handling of the NPF problem can minimize its negative impact on economic growth. Thus, policies that support good disbursement of MSME funds and effective NPF control can contribute to stronger and more sustainable economic growth in Indonesia.

THE INFLUENCE OF FINANCIAL LITERACY ON STUDENT BEHAVIOR IN MANAGING FINANCIAL KIP-KULIAH SCHOLARSHIP FUNDS

This study aims to examine the effect of financial literacy on student behavior in managing financial smart Indonesian card scholarship funds (Kip-Kuliah), this study uses quantitative methods, the sample in this study was taken from students receiving smart Indonesian card scholarships (Kip-Kuliah) semester 3, 5, and 7 in the Management study program of the Faculty of Economics and Business, Unismuh Makassar. This research data was obtained from a questionnaire (primary data). The results of research from data processed using SPSS statistical calculations, based on the results of SPSS output partially, the results showed that financial literacy variables have an influence on student behavior in managing the finances of the Smart Indonesia Card scholarship fund (Kip-Kuliah)

A Study of Legal Risks in the Current State of Financial Pension Funding

A Study of Legal Risks in the Current State of Financial Pension Funding

Do Awareness Campaigns Reduce Financial Fraud?

AbstractPublic and private organizations regularly run awareness campaigns to combat financial fraud. However, there is little empirical evidence as to whether such campaigns work. This paper considers a campaign by a systemically important Danish bank, targeting clients over 40 years of age with a mass message. We utilize the campaign as a quasi-experiment and consider a multitude of linear probability models, employing difference-in-differences and regression discontinuity designs. None of our models, though controlling for age, sex, relationship status, financial funds, urban residence, and education, find any evidence that the campaign had a significant effect. The results indicate that awareness campaigns relying on mass messaging, such as the one considered in our paper, have little effect in terms of reducing financial fraud.

Группа наименее развитых стран (НРС) в международной климатической политике

Global climate change is one of the main challenges of our time. Rising temperatures threaten the stability of the ecological, socio-economic, and political systems around the globe. Countries in the Global South have the greatest material losses from climate change without having a significant impact on it. The high vulnerability of the group of least developed countries (LDCs) to climate change, coupled with social and economic challenges poverty, and lack of means for adaptation, determine its special rank and status in international climate policy. In it, the LDCs act as a single actor. Over the course of more than 30 years of climate policy, LDCs have initiated the adoption of a number of important documents and the creation of fundamental structures for international climate policy. At the same time, noticeable transformations have taken place to adapt and decarbonize the national structures of LDCs. The purpose of this article is to show the role of the LDC group in the formation of the United Nations (UN) climate agenda, institutional structures, and international mechanisms, to highlight their efforts to restore global climate justice, and to characterize modern national climate policy according to the legal documents adopted by the LDCs. The methodological basis is formed by historical, comparative approaches. The main objective of the article is to study the trajectories of the climate policy of the LDC group, highlight the stages of its evolution, demonstrate centre-peripheral relations to restore climate justice, and examine the internal policies of the LDCs. Policy initiatives of the LDCs played a direct role in the formation of climate finance funds, the group of experts on the least developed countries (LEG), and national programmes and plans for the adaptation of states to climate change. The article concludes that there are two stages in the development of climate policy in LDCs; it is assumed that the use of international mechanisms for adaptation and decarbonization could become a tool for the economic and technological modernization of LDCs and their achievement of the sustainable development goals of 2030. The main obstacles to this are the insufficient financing of available funds from countries of the Global North, high interest rates on loans, and the indebtedness of LDCs.

Determination of Share Prices in Automotive Manufacturing Companies

Economic development and growth have increased significantly in the era of globalization. The capital market is one source of economic development in a country which has an important role as a means of financial funding for a company so that it can obtain financial resources from investors. The capital market provides long-term financial instruments with a maturity of more than one year, such as shares, bonds or what are usually called debentures, mutual funds and Exchange Traded Funds/ETFs, as well as derivatives. This aims of the research was to determine and analyze the influence of fundamental company conditions, the rupiah exchange rate and (Sertifikat Bank Indonesia/SBI) interest rates on share prices. This research used quantitative research and an associative approach carried out on automotive manufacturing companies listed on the IDX in 2018-2022. The total sampling technique was chosen for sampling. The results of this research are that the fundamental conditions of the company have a significant effect on share prices, while the rupiah exchange rate and SBI interest rates do not have a significant effect on share prices. This means that investors can consider the fundamental conditional condition of the company when they want to invest in shares, this research because a decrease or increase in the DER can affect the share price of automotive companies listed on the Indonesian Stock Exchange in 2018-2022.

Inadequacies in Local Entrepreneurial Ecosystems that Impede Growth-Oriented Entrepreneurship in Lesotho

Entrepreneurship is acknowledged globally as a driver of unemployment reduction, poverty alleviation and national economic well-being. However, many nations, especially developing ones, struggle to sustain growth-oriented entrepreneurship due to limitations in their entrepreneurial ecosystems. With an unemployment rate of 28.9% as of 2019, Lesotho is one of the countries struggling to sustain effective entrepreneurial ecosystems. This article seeks to identify the inadequacies in local entrepreneurial ecosystems that impede the emergence of entrepreneurs and small-and-medium enterprises in Lesotho. This study, grounded in systems theory, utilised a qualitative approach using semi-structured interviews to collect data from twenty-five budding entrepreneurs. Data analysis showed that financial institutions funding, entrepreneurial apathy, poor infrastructure, dearth of talents and leaders, and inadequate support networks were the main barriers to entrepreneurship in Lesotho. This study raises awareness of Lesotho's entrepreneurial ecosystem's basic flaws, which hinder growth-oriented business. The study is expected to improve policymakers’ intervention strategies and attract more scholars' attention to the phenomenon. The study is limited in scope due to the participants' concentration in Maseru, the capital city. This geographical restriction is a limitation to the extent that businesses operating in the city and those operating in the countryside may experience different systemic impacts. Future research should explore broader scope.

Strategi Pengelolaan Dana Pihak Ketiga dalam Meningkatkan Likuiditas pada Bank Syariah Indonesia: Studi Kasus BSI KCP Probolinggo

Banking is a company that operates in the service sector, the function of banking is to collect and distribute funds from the public. Fund collection plays a very important role for Bank Syariah Indonesia (BSI), because the funds collected will be distributed to the community in the form of financing and management of third party funds is an important aspect in managing bank liquidity, therefore the Bank has its own role. This research aims to find out how the Bank can utilize funding sources to increase its liquidity and to find out what strategies are implemented by the Bank. The method used is direct observation or interviews with the BSI KCP Probolinggo funding party. In analyzing the data, the author uses descriptive qualitative data analysis, which means the data is described systematically about the strategies carried out by PT. Indonesian Sharia Bank KCP Probolinggo. The research results reveal that the strategy used to increase and maintain TPF at Bank Syariah Indonesia is to seek large amounts of retail funds, offer competitive products, collaborate with business partners, cheap funds, not entrusted funds.

Women MSME’s and Proverty

Women participation in economic activities is often limited by social norms, especially in Indonesians majority societies. Nevertheless, the burden of poverty is forced many women to work in several jobs. This paper aims to investigate and discuss discuss female entrepreneur challenge in poverty reduction This research is using qualitative method to collect and analyze the data through interview, FGD, and direct observation. Respondents were chosen by purposive sampling, while key informants were chosen by snowball technique. The results show that the main challaneg of Mataram’s women to reduce their poverty are not gender but mostly lack of financial control and access funding, lack of market information and a scarcity of talented employees. Furthermore, Women participation in poverty reduction program is considered to be the key of success in many poverty alleviation, one of them is being female entrepreneur or managing MSMEs

ANALISIS PENGARUH CAPITAL ADEQUACY RATIO (CAR), RETURN ON ASSETS (ROA), NON PERFORMING LOAN (NPL), DAN INFLASI TERHADAP LOAN TO DEPOSIT RATIO (LDR)

This study aims to analyze the management of zakat, waqf and Islamic finance funds managed by Islamic banking. Where is the bank which is a place to collect funds from the community in the form of savings, then channeled back in the form of credit and others to the community. Provision of credit funds to the public can be measured through Loan To Deposit (LDR), where a ratio can indicate the ability of a bank to channel credit funds to third parties. Which can be carried out various tests in channeling bank funds to find out how the influence of CAR, NPL, ROA and inflation on LDR measurements. Then it can be seen from the results of LDR measurements that the form of distribution of CAR and NPL has a significant value to LDR. And then, for the measurement of ROA and inflation, it has no significant value to the LDR. Factors that influence the rise and fall of LDR may be due to the internal and external conditions of banking companies. Internal conditions can be reflected in the bank's financial indicators. The key indicators used in this study are CAR, ROA, NPL.

Pembinaan Potensi Wirausaha Dalam Pengelolaan Usaha Angringan

Service activities are carried out based on the obstacles faced by a business actor, which reflects the inconsistency of business activities that have an impact on services that can be categorized as not good. This business activity has indications of poor management, and this is an essential need for business activities which cannot be separated from the importance of understanding financial management. To be precise, in this activity, business income or results that did not meet expectations were found. Through this activity, it is known that there are obstacles in financial management that affect workers' service to consumers and even the calculation of funding turnover or financing for the business. The aim and urgency of this service are to provide an understanding of the importance of commitment to financial recording so that it can become a benchmark and provide information on activities. Business the information in question is information that contains sustainable business activities. The stages of service implementation activities are divided into direct (face-to-face) and indirect (programmed arrival) implementation. The results of developing this simple recording concept are expected to provide new work patterns and new thinking for workers and business owners so that they can plan development activities that can be pursued.

COVID and the crisis: the economic impact of the COVID-19 pandemic on the well-being of elite athletes and their thoughts about career ending

ABSTRACT Research question This study investigates the economic impact of the COVID-19 pandemic in 2020 on the subjective well-being of elite athletes in Germany and their thoughts about ending their careers. Research methods Using survey data from athletes who are supported by the German Sports Aid Foundation (n = 1652), the study first calculates the negative income shock experienced by elite athletes during the COVID-19 pandemic and then estimates the effects on the athletes’ subjective well-being, in the form of life satisfaction. Additionally, the study estimates the potential influence of an income shock on career ending thoughts. Results and Findings Regression results reveal that athletes, who experienced a negative income shock in 2020 reported on average lower life satisfaction overall. Life satisfaction was lower, the larger the shock and the lower the income of the athlete. Furthermore, athletes, who had a negative income shock in 2020, were more likely to ponder ending their careers in 2020. Implications The paper stresses the need for better financial funding for athletes. It also adds to the literature on career endings of athletes by suggesting that financial hardship could be a determinant for athletes to end their careers. The potential subsequent increase in dropout rates not only represents inefficiency but also signifies a loss of talent.

The Rreality of Financial funding and Its Relationship to the Economics of Sports in the Participated Clubs in the Iraqi Premier League 2022-2021


 The present study aims at identifying the reality of financial funding and its relationship to the economics of sports, using the descriptive approach in the manner of correlations, on a sample of the administrative board of the participated sports clubs in the Iraqi Premier League in football for the season(2022-2021) The number is (20) clubs with (192) members, by preparing two scales and defining a group of domains and phrases affiliated with them by (4) domains and (33) phrases for the financial finance scale, and (4) domains and (35) phrases for the sport economics scale. The results were processed statistically, as the results revealed a weakness in the process of financial financing and the economics of sports for clubs, except for the process of sports professionalism, which showed its management relatively well. The researchers concluded that the adoption of government financial funding is the main return in managing its budgets. Furthermore, to the presence of businessmen's concerns to invest in sports clubs. Lack of specialized bodies in sports clubs working in the field of scientific research to develop the field of financing, investment and sports marketing to support the economics of sports. The researchers recommended in adopting methods and styles through which economic return can be strengthened in the sports field, focusing on investment to increase financial gain, attracting beneficiaries and businessmen, and opening up to non-governmental financing. He urged the club's management to hold development courses for an expanded understanding of the principles of investment and sports marketing in order to develop their administrative capabilities.