India: Yes Bank Restructuring, 2020, Salil Gupta

Journal of Financial Crises

Yes Bank was suffering from liquidity outflows in the second half of 2019 owing to a combination of deposit withdrawals, invocation of pledged shares, losses from extraordinary credit provisions, and overexposure to stressed sectors like power and infrastructure. In December 2019, Yes Bank reported a Common Equity Tier 1 capital ratio at 0.6%, far below the Reserve Bank of India (RBI) mandated levels, and a quarterly loss of 185 billion Indian rupees (INR; USD 2.5 billion). In early March 2020, the RBI and the Ministry of Finance announced a restructuring plan for India’s fourth-largest private bank, Yes Bank, to prevent …

Deep Integration Of Technological Innovation And Industrial Innovation In Modern Industrial System: Inspiration From Global New Generation Lithography Systems, Jiang Yu, Feng Chen, Yue Guo

Bulletin of Chinese Academy of Sciences (Chinese Version)

Utilizing technological innovation to lead the construction of a modern industrial system is a strategic choice for seizing the opportunities of the new round of technological revolution and industrial transformation. It is also a necessary step for winning the strategic initiative towards high-level self-reliance and self-improvement. Technological innovation is the intrinsic driving force behind industrial innovation, and industrial innovation is the value embodiment of technological innovation. The deep integration of technological innovation and industrial innovation is the key to constructing and improving a modern industrial system. Taking the global extreme ultra-violet (EUV) lithography system as an example, based on the …

Innovation And New Quality Productivity, Yongnian Zheng, Lanmeng Xu

Bulletin of Chinese Academy of Sciences (Chinese Version)

China is in a critical period of promoting high-quality development and advancing Chinese modernization. This paper attempts to clarify the relationship between innovation and new-quality productivity and provide a potential development direction for China to lead a modernized industrial system by developing new-quality productivity through innovation. The study proposes that the development of new quality productivity through innovation requires serious consideration from three dimensions. First, it is important to figure out where new technologies come from. Second, it is essential to investigate where new industries come from. Third, a feasible solution has to be formulated based on China’s reality. The …

Establish Policy Ecosystem That Supports Technological Innovation And Leads Construction Of Modern Industrial System, Cheng Zhou, Xiaoyi Peng, Wen Xie, Chidong Zhang, Yuhe Qiu, Fan Wu

Bulletin of Chinese Academy of Sciences (Chinese Version)

To harness the leading role of science and technology innovation and accelerate the construction of a modern industrial system, it is necessary to establish an innovation policy ecosystem that coordinates science and technology, education, economics, and social policies. Compared with this demand, China’s current science and technology innovation policy still needs to be further improved in terms of policy horizontal and vertical coordination, industrial technology research organization mechanism, innovative enterprise subjectivity, industry-university-research cooperation innovation incentives, and resource allocation marketability. In response to these issues, five suggestions are put forward, namely, (1) set up an innovation policy coordination and review agency …

Theories, Status Quo, And Suggestions On Scientific And Technological Innovation As Driver Of Developing Emerging Industries, Xiaoyan Zhang

Bulletin of Chinese Academy of Sciences (Chinese Version)

The emerging industry is the key to fostering new growth drivers and developing new advantages. It is also an essential guarantee to reinforce the resilience and security of China’s industrial chain and supply chain, and seize the initiative of future development. This study, based on the theoretical foundation and practical needs of “scientific and technological innovation as the driver of developing emerging industries”, summarizes the typical practices of innovation and development of emerging industries in countries including the United States, Japan, and Singapore. In addition, the study identifies the difficulties faced by China in the developing emerging industries, and raises …

Thoughts On Fostering Industries Of The Future Based On Innovation Infrastructure Clusters, Qingli Huang, Ziwei Zhao, Can Wang, Weihua Wang

Bulletin of Chinese Academy of Sciences (Chinese Version)

Industries of the future (IoTF) are characterized by a distinctive whole chain and high scientific and technological content, and as an important carrier to support the innovation activities of industries of the future, the construction and layout of innovation infrastructures, such as large scientific devices, major scientific and technological innovation platforms, pilot bases, etc., will inevitably develop towards whole chain clustering. This study tries to explain the basic concept of innovation infrastructure clusters for industries of the future, sort out the practices and results of fostering industries of the future based on innovation infrastructure clusters in some regions in China, …

Empowering Traditional Industries With Digital Intelligence For Transformation And Upgrading, Jiyuan Zang, Huanyong Ji, Qingxue Huang

Bulletin of Chinese Academy of Sciences (Chinese Version)

Traditional industries are the basic support and driving force for the high-quality development of the economy. Digital intelligence is an important lever for traditional industries to achieve the transformation of old and new kinetic energy and the leapfrogging of the global value chain. This study firstly deconstructs the rich connotations of digital intelligence from the perspectives of digitalization, networkization, and intelligentization. Secondly, it analyzes the transformation mechanism and various pathways through which digital intelligence impacts traditional industries. Thirdly, it analyzes the barriers faced by traditional industries in the process of adopting digital intelligence technologies. Finally, this study puts forward four …

Insights On Strategy And Approach For China To Construct A Modern Integrated Circuits Industrial System, Ximing Yin, Beibei Zhang, Tailun Chen, Jiang Yu, Jin Chen

Bulletin of Chinese Academy of Sciences (Chinese Version)

The integrated circuit (IC) industry is highly complex and systematic, and its key core technology breakthroughs are highly dependent on the support of systematic capabilities. The West especially the United States has accelerated the promotion of the “small-yard, high-fence” strategy, the “New Washington Consensus”, the “de-risking”, and other systematic policies to curb China’s rise. China’s IC industry chain is facing extreme risks such as rupture or blockage. Meanwhile, facing the new mission and requirements of Chinese modernization and new-quality productivity, China needs to accelerate the modernization of the IC industry with new development paradigms, new strategies, and new approaches. Based …

Strategic Study On Leading Construction Of Modern Agricultural System By Technology Innovation, Yan Yan, Xurong Mei, Xiudong Wang

Bulletin of Chinese Academy of Sciences (Chinese Version)

Technology innovation is the fundamental solution to build a modern agricultural system, and it is also an important support for building the large base, large enterprise, and large industry of modern agriculture and achieving the modernization of material equipment, technology, management, agricultural informatization, and sustainable resource utilization of agriculture. This paper explains the scientific concepts and logical relationships of the agricultural production system, industrial system and management system, which are the main components of a modern agricultural system. It emphasizes that ensuring food security, promoting industrial integration and upgrading, and cultivating leading enterprises are current key tasks. Nevertheless, from the …

Cover Cropping: How Sustainability And Economics Can Work Hand In Hand, Emma Reyes

Business and Economics Summer Fellows

Research finds that over half of the agricultural lands worldwide have been moderately or severely affected by soil degradation (Kopittke et al., 2019). This problem is further heightened by the fact that many farmers are concerned about the profitability of sustainable practices. As a result, this may lead to an increase in the practice of more harmful conventional agricultural techniques if they continue to be considered more economically beneficial in comparison. This paper aims to see if the use of a specific sustainable practice known as cover cropping can help to increase the level of economic benefits farmers receive. Cover …

The Examination Of The Mathematical Calculation On Premium Reserve Modifications For Endowment-Life Insurance Products, Farisa Salwa Fatimah, Debrina Ferezagia, Wira Darmiza

Jurnal Administrasi Bisnis Terapan

Insurance offers numerous advantages in managing the diverse dangers it encounters. The level of compensation provided is contingent upon the magnitude of the premium remitted. A fraction of the premium collected by the company must be allocated as a premium reserve to ensure that the company will not have any challenges in settling future claims. The calculation of premium reserves is performed through the utilization of prospective and retrospective reserve methods, which rely on net premiums as the foundation for the computation. The premium reserve calculation approach employs both the Canadian and Full Preliminary Term methodologies. The objective of this …

Black-Owned Businesses In The Mountain West, 2017-2020, Riley Ruff, Miguel Soriano Ralston, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet examines data on Black-owned businesses in the Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah. The report “Who is driving Black business growth? Insights from the latest data on Black- owned businesses" from the Brookings Institution includes data on Black-owned businesses in metropolitan statistical areas (MSAs) across the United States.

The Influence Of System Optimization On Improving The Quality Of Administrative Services In The Ministry Of Education, Culture, Research And Technology, Mohammad Ridha, Dhini Novia Azaria

Jurnal Administrasi Bisnis Terapan

ABSTRACT

Correspondence and record management are crucial components of a company or institute. Although often considered as things that do not require primary attention, these two components can have a very important role in the occurrence of an event. Along with the development of technology, the management of correspondence and archives is also growing. Generally, the development of this management is in the form of the emergence of an application that can accommodate the needs of correspondence and archives of a company or institute. In Ministry of Education, Culture, Research, and Technology, the application is called "Sistem Naskah Dinas Elektronik" …

Consumers’ Financial Literacy In Poland - The Research And The Resulting Conclusions, Andrzej Bień, Łukasz Gębski

Journal of Banking and Financial Economics

Background & Purpose of the article: The research paper raises important issues in the field of consumer financial literacy in Poland. The authors note that efforts made in financial education are not fully effective and the number of wrong decisions made by consumers is high. The study led to two interesting observations: high self-assessment of knowledge is not confirmed in practice. The mistakes made do not result solely from the lack of knowledge of consumers. They are very often a result of their personality and a way of perceiving reality.

Methods: The authors compared Polish and foreign research results in …

Can Financialisation Counteract Banking Exclusion? A Study On The Example Of The European Union Member States, Tomasz Florczak, Marika Ziemba

Journal of Banking and Financial Economics

The purpose of the article is to assess the relationship between financialization and banking exclusion. The research hypothesis that financialization contributes to the reduction of financial exclusion was also verified. The research was based on an analysis of the variables describing financialization and banking exclusion of 27 European Union countries in the 2014–2021 period. The zero-unitarization method and Pearson’s correlation coefficient were used. The results of the study indicate that a high degree of financialization is found in Croatia, Greece, Cyprus and Portugal. In contrast, the level of banking exclusion is the highest in Finland, Sweden, the Netherlands and Latvia. …

Cyclical Interest In Entrepreneurship And The Virginia Economy, Daniel Farhat

Journal of Business & Entrepreneurship

This study uses keyword search data from Google to construct an index representing broad interest in entrepreneurship in Virginia. Dynamic correlations are evaluated to identify how short-term movements in the index relate to employment and earnings, leading economic indicators, home prices and business applications. Results support opportunity-driven mindsets in the labor market but not in the real estate market. The index is shown to have some economic prediction power, and is capable of producing new insights compared to data from actual business activity. This study highlights the role entrepreneurial interest may play in policy and lays the groundwork for further …

The Economic Extension And Advisory System And Its Role In Advancing The Private Sector (Case Study: African Countries), Sharaf Ahmed, Muhammad Sewalim

Journal of the Arab American University مجلة الجامعة العربية الامريكية للبحوث

The paper aimed to highlight the importance of adopting an economic extension and advisory system to promote the growth of the private sector in the African countries. To achieve this purpose, a sample of 384 employees affiliated with the private sector in several African countries was surveyed. To analyze the results of the survey, the descriptive analytical method was used. The study concluded that there were no statistically significant differences regarding the importance of the economic extension and advisory system in promoting the growth of the private sector in the African countries and it is essential for the governments to …

Nebraska Monthly Economic Indicators: July 3, 2024, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator-Nebraska rose by 0.26% in May 2024. The increase in the leading indicator, designed to predict economic growth six months into the future, implies that the Nebraska economy will grow through the end of 2024. There was an increase in manufacturing hours worked in May, as Nebraska continues to benefit from strong demand for food products. Business expectations remained positive. Respondents to the May Survey of Nebraska Business reported plans to increase sales and employment over the next six months.

Nebraska Monthly Economic Indicators: July 3, 2024, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator-Nebraska rose by 0.26% in May 2024. The increase in the leading indicator, designed to predict economic growth six months into the future, implies that the Nebraska economy will grow through the end of 2024. There was an increase in manufacturing hours worked in May, as Nebraska continues to benefit from strong demand for food products. Business expectations remained positive. Respondents to the May Survey of Nebraska Business reported plans to increase sales and employment over the next six months.

Two Essays On Asset Prices Around Securities Class Action Lawsuits, Sounak Saha

Theses and Dissertations in Business Administration

Essay 1: Prior studies on securities class action lawsuits have found that there are large negative abnormal returns and an increase in short-selling activity in the days preceding the lawsuit filing. These findings have largely been attributed to anticipatory inference and private information. However, our analysis of a large sample spanning 2009-2019 reveals that more than half of the lawsuits had a public announcement about the law firm investigation in the days leading up to the lawsuit filing. Strikingly, we find that the average cumulative abnormal return during the 10-day pre-filing period was: (1) over -17% for lawsuits with a …

Editor’S Note

DLSU Business & Economics Review

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Contributors

DLSU Business & Economics Review

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Bubbly Booms And Welfare, Feng Dong, Yang Jiao, Haoning Sun

Research Collection School Of Economics

We show the competing effects of a housing bubble on the real economy by developing a multi-sector dynamic model with housing production. On the one hand, firms can sell or collateralize their housing, so a housing bubble helps firms obtain credit to finance their investment and expand production. On the other hand, a boom in the housing sector crowds out labor in the non-housing sector. We show that housing booms can reduce social welfare both in the steady state and in the transitional dynamics only when the production externalities in the non-housing sector are sufficiently large. We quantitatively evaluate our …

Criticizing The Asset Repatriation Policy For Tax Amnesty In Indonesia: An Interpretive And Comparative Study, Nidya Hapsari

Jurnal Vokasi Indonesia

Indonesia finds tax amnesty as a reliable funding alternative to develop a sustainable economy. Since 1964, Indonesia has implemented five tax amnesty programs. The latest two programs would offer lower amnesty compensation rates if taxpayers repatriated offshore assets back to Indonesia. However, the tax amnesty repatriation policy merely contributed minimal amounts of repatriated assets and low number of participants. Consequently, it failed to raise sufficient liquidity, fiscal revenues, tax compliance and economic growth. Hence, the study aims to (1) determine the justification and mechanism for the asset repatriation policy and (2) criticize the repatriation policy implementation. Applying interpretive and comparative …

واقع الصحة التنظيمية في الأندية الرياضية في مدينة الموصل (دراسة حالة), موسى سالم البصو, تقى عبد النافع, وليد غانم ذنون وليد غانم ذنون

Muthanna Journal of Administrative and Economics Sciences

ان اهتمام الدولة بالجانب الرياضي توزع على شرائح وفئات المجتمع المختلفة الا انه انصب على الشباب كونهم يشكلون ركناً من أركانها ورافداً استراتيجياً لنهضتها ، فضلاً عن انهم يمثلون ابهى صور مخرجاتها وثمرة جهودها ومن بين هذه المؤسسات الراعية للشباب هي الأندية الرياضية التي تضطلع بأدوار مهمة بحكم عملها وطبيعة أهدافها وتنوع نشاطاتها والمستفيدين من خدماتها الرياضية المختلفة لكافة الفعاليات الرياضية ، من هنا تتجلى أهمية الدراسة للتعرف على خصائص الصحة التنظيمية والذي يعد موضوعاً حديثاً وتوظيفها في احدى المؤسسات الرياضية متمثلة بالأندية الرياضية وتوضح نوعية وطبيعة العلاقة والتأثير بين ما يمتلكه رؤساء المؤسسات الرياضية من خصائص في بناء اركان …

دور الائتمان المصرفي الممنوح للقطاع الخاص في القضاء على مشكلة الفقر في العراق للمدة (2004-2020), امجد حميد عطية, غسان طارق ظاهر

Muthanna Journal of Administrative and Economics Sciences

هدف البحث الى تحليل السياسة الائتمانية للبنوك التجارية العراقية من خلال تحليل دور الائتمان الممنوح للقطاع الخاص من قبل البنوك الحكومية والخاصة وأثره على الفقر، وقد أستخدم انموذج الإبطاء الذاتي الموزع (ARDL) لبيان أثر الائتمان الخاص على تخفيض معدل الفقر في العراق للمدة قيد البحث، وتوصل الى جملة من الاستنتاجات أهمها ان هناك علاقة توازنية طويلة الاجل بين الائتمان الخاص الممنوح من قبل البنوك الحكومية والخاصة ومعدل الفقر في العراق، واقترح الباحث جملة من التوصيات أهمها مكافحة كل اشكال البيروقراطية وتسهيل منح القروض الصغيرة والمتوسطة وتوجيهها بالشكل الصحيح لدعم خلق مشاريع منتجة، فضلا عن الحد من ظاهرة ارتفاع توجيه القروض …

Can Corporate Sustainability Performance (Csp) Overcome Indonesia's Corporate Debt Problems?, Johnson Ferry Febrian, Nora Sri Hendriyeni

Jurnal Akuntansi dan Keuangan Indonesia

Based on IMF publications (2022), Indonesian companies have a risky debt level that may cause bankruptcy, so companies are required to make leverage adjustments to return the debt to its optimal level. In recent years, corporate sustainability performance (CSP) practices have been proven to improve performance and overcome financial problems such as debt by integrating sustainability aspects into business processes. Based on stakeholder theory and trade-off theory, this study aims to examine the effect of CSP on leverage adjustment and the role of competitive advantage, equity mispricing, profitability, and firm size in moderating this relationship. This study used a sample …

أثر الدين العام على عرض النقد في العراق للمدة(2004-2022), علاء حسين علي, حيدر طالب موسى

Muthanna Journal of Administrative and Economics Sciences

يخضع الدين العام لاختلافات بين المدارس الكبرى في الفكر الاقتصادي، والفكر الكلاسيكي والكينزي، وكل مدرسة تنظر إلى الدين العام من منظور مختلف من حيث تأثير الدين العام على التوازن الاقتصادي والاجتماعي, ويختلف الدين الداخلي عن الدين الخارجي للاقتصاد ككل من حيث أن الفائض الاقتصادي ينتقل بين الأجيال, داخل الدولة أو بين دولة ودولة أخرى، يعد الدين العام المحلي أحد المتغيرات الاقتصادية المؤثرة على تحركات عرض النقد من خلال تأثير الدين العام المحلي على أسعار الفائدة وعلى احتياطيات السيولة التي تشكل أساس السياسة النقدية، وهي وما يركز عليه البحث لذلك ركز على دراسة تأثير الدين العام الداخلي على المعروض النقدي بالنسبة …

استخدام متوسط تكلفة الوحدة لقرارات الإنتاج والتسعير: دراسة ميدانية محطة بسماية لإنتاج الطاقة الكهربائية, عبد الحسن لهمود ياسر

Muthanna Journal of Administrative and Economics Sciences

هدف البحث الى عرض مدى خطورة اعتماد متوسط تكلفة الوحدة كدليل لترشيد قرارات الإنتاج والتسعير على الرغم من أن هذا المتوسط يعد دليلا مضللا، إذ لا بد من اعتماد نهج شمولي لتقييم التكاليف بدلا من التركيز فقط على متوسط تكلفة الوحدة، على الرغم من أنه يوفر مقياسًا سريعًا للمقارنة، وضرورة اعتماد منهج التكلفة الإجمالية لاتخاذ قرارات أكثر استنارة، وقد تم اختيار محطة بسماية لإنتاج الطاقة الكهربائية للفترة من 2020 لغاية 2022 للدراسة الميدانية، وتوصل البحث الى مجموعة من الاستنتاجات كان أهمها؛ أن من أكثر العوامل تأثيراً على متوسط تكلفة الوحدة المنتجة في محطة بسماية هي تكلفة الغاز الطبيعي وتكلفة التشغيل …

The Effect Of The Claim Recovery Process On Claim Payments In Insurance, Aulia Yasmin, Karin Amelia Safitri, Fachri Muslim

Jurnal Administrasi Bisnis Terapan

The policies and tactics used by an insurance company to effectively handle and recover claims are referred to as the claim recovery process policy. Ensuring total operational stability, preserving customer satisfaction, and limiting financial losses all depend on this approach. The recovery process policy is covered in this study along with how it affects how well a corporation manages risk. A review of the literature and interviews with many employees are part of the research methodology. It was discovered that one of the insurance companies in Indonesia still needed to improve (digitize) its current policy regarding the recovery process. This …