International Journal of Finance Research
International Journal of Finance Research (IJFR) is a peer-reviewed journal which publishes original research papers. IJFR has been published since 2020. It is currently published quarterly (March, June, September & December). Areas of research include, but are not limited to Finance and Investment, capital markets, financial institutions, corporate finance & corporate governance. e-ISSN: 2746-136X. The Digital Object Identifier (DOI) is assigned to each published article and the journal is indexed by Crossref, Neliti.Com, Dimensions and Google Scholar.
Articles
55 Documents
<![CDATA[Working Capital Strategy and Operation Risk in the Food and Beverage Companies Listed in the Indonesia Stock Exchange ]]>
<![CDATA[Junaidi Junaidi]]>
<![CDATA[ International Journal of Finance Research Vol. 1 No. 1 (2020): International Journal of Finance Research ]]>
Publisher : <![CDATA[Training & Research Institute - Jeramba Ilmu Sukses (TRI-JIS) ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.47747/financeinvestmentderivative.v1i1.18
<![CDATA[The purpose of this study is to investigate the effect of working capital investment and working capital financing on the operational risk of nine listed firms in the agricultural sector of the Indonesian Stock Exchange. The time period used is 12 years from 2008 - 2019. The operational risk variable is the deviation absolute value of ROA, ROE, Sales and Cost of Goods Sold. The independent variable is the working capital investment strategy (WCIS) and Working Capital Financing Policy (WCFS). For control variables using debt ratio, size, age and current ratio variables. The analysis technique used is Ordinary Least Square (OLS) regression. The results obtained by shows that (1) WCIP have a negative and significant impact on the risk of ROA and ROE, (2) WCIP has a positive and significant effect on the risk of sales and CGS, (3) WCFP has a positive and significant impact on the risk of ROA and ROE, however, (4) WCFP has a negative and significant effect on the risk of sales and CGS. Debt ratio only has a positive effect on ROE risk. Company asset size has a positive and significant effect on Sales and CGS. Company age has a positive and significant effect on ROE risk. The current ratio variable has a positive effect on ROE risk and has a negative effect on the risk of sales and CGS.]]>
<![CDATA[The Effect of Liquidity, Solvency and Profitability on Dividend in the Manufacturing Listed Firms on the Indonesian Stock Exchange ]]>
<![CDATA[Abid Djazuli]]>;
<![CDATA[Dodi Dodi]]>
<![CDATA[ International Journal of Finance Research Vol. 1 No. 1 (2020): International Journal of Finance Research ]]>
Publisher : <![CDATA[Training & Research Institute - Jeramba Ilmu Sukses (TRI-JIS) ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.47747/financeinvestmentderivative.v1i1.19
<![CDATA[This study aims to investigate the effect of liquidity, solvency and profitability on dividend in the manufacturing listed firms on the Indonesian Stock Exchange for the period of 2010 to 2018. The variables employed in this study are liquidity, solvency, profitability and dividend per share. The Ordinary Least Square (OLS) regression is used to analyze the data. The data is collected from the Indonesian Stock Exchange (IDX) website. The results reveal that liquidity, solvency and profitability have a significant effect on Dividend Per Share of Manufacturing Companies on the Indonesia Stock Exchange. Current Ratio, Cash Ratio, Debt to Equity Ratio, Debt to Asset Ratio, Net Profit Margin, and Earning per Share have a positive and significant effect on Dividend per Share. Therefore, manufacturing companies listed on the Indonesia Stock Exchange must maintain stability, liquidity, solvency and profitability in order to increase Dividend per Share.]]>
<![CDATA[Analysis of Efficiency and Effectiveness of The Performance of Public Housing and Residential Area: The case of Palembang ]]>
<![CDATA[Sya'nia Dharmika]]>
<![CDATA[ International Journal of Finance Research Vol. 1 No. 1 (2020): International Journal of Finance Research ]]>
Publisher : <![CDATA[Training & Research Institute - Jeramba Ilmu Sukses (TRI-JIS) ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.47747/financeinvestmentderivative.v1i1.30
<![CDATA[Dinas Perumahan Rakyat dan Kawasan Permukiman (Pera KP) is an element of the Regional Apparatus Organization (OPD) of the regional government of Palembang City which operates in 4 (four) heads of fields, namely, the fields of Utilities, Environmental Sanitation, Housing and Environmental Roads. In 2018, there are several activities or programs that have not been realized but will be realized in 2019. This research identifies activities or programs in 2019 using the Efficiency and Effectiveness method. Based on the results obtained, the Pera KP Office is included in the Efficiency category. While the results of the questionnaire distributed using the Community Satisfaction Index, the effectiveness level was in the good category with a number of 68.5]]>
<![CDATA[Lift above Poverty Micro-Finance Bank, Rural-Women Financial Security and Crime Reduction Strategies in Nigeria: Evaluation of Selected Communities in Badagry, Lagos State, Nigeria ]]>
<![CDATA[Haruna Ishola Abdullahi]]>;
<![CDATA[Olayemi Oluwadamilola Amosun]]>;
<![CDATA[Babatunde Olufemi Akinyele]]>
<![CDATA[ International Journal of Finance Research Vol. 1 No. 1 (2020): International Journal of Finance Research ]]>
Publisher : <![CDATA[Training & Research Institute - Jeramba Ilmu Sukses (TRI-JIS) ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.47747/financeinvestmentderivative.v1i1.36
<![CDATA[This paper assessed Lift above Poverty Organization (LAPO), rural-women financial security as means of crime reduction Lagos State, women are involved in entrepreneurship to avert criminalities like arm-robbery, kidnapping, cultism, online fraud, terrorism and other security challenge. The study employed cross sectional survey design and was descriptive, combining both qualitative and quantitative techniques. The secondary data were obtained through content analysis of journals, books and online resources. The data were analyzed with Statistical Package for Social Sciences version 20.0. Findings showed that 100% of the respondents were females, 72% of the respondents used credit facilities from LAPO for investments.]]>
<![CDATA[Financial difficulty of Banking management during COVID 19 in Bangladesh ]]>
<![CDATA[Md. Saiful Bari]]>
<![CDATA[ International Journal of Finance Research Vol. 1 No. 2 (2020): International Journal of Finance Research ]]>
Publisher : <![CDATA[Training & Research Institute - Jeramba Ilmu Sukses (TRI-JIS) ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.47747/financeinvestmentderivative.v1i2.43
<![CDATA[Findings point out that the savings rating operations and performances of private business Banks have outperformed these of state-owned industrial banks. The mortgage disbursement techniques of state-owned industrial banks have been now no longer efficient ample to reap required recuperation target. Furthermore, it has additionally been found that the state-owned business banks are increased in all likelihood to be affected via using each and every of the contributory factors a long way larger adversely than non-public business banks. Effective use of company governance, maintaining transparency and accountability in all respect, environment friendly financial savings risk management, bettering managerial efficiency, profitable privatization, lessening political interference and adapting contemporary technological changes, would possibly also enhance the well-known personal loan trouble scenario of state-owned industrial banking region of Bangladesh. Countries throughout the worldwide are going through a risk of an outright disintegration as international supply chain is almost dismantled. Labor mobility too is impeded as human beings are locked down at their homes. Business enterprises, small and large, are each shutdown or closed for an indefinite period. Uncertainties are mounting as households and businesses are dealing with liquidity crisis. The key elements that have been enduring the credit score hassle (i.e. non-performing loans) had been reviewed rigorously. Contributory factors such as: corporate governance, savings management, financial savings regulations, and the degree of political interference had been identified. The first-rate direction of action is that Bangladesh Bank orchestrates a good-sized economic growth focused on repo price of four percentages and lending charge in the range of 5-8 percent.]]>
<![CDATA[Impact of Tax Evasion Among tax Payers of Bale Robe Town Administration, Ethiopia ]]>
<![CDATA[Birhanu Hailu]]>;
<![CDATA[Tarik Kechema]]>
<![CDATA[ International Journal of Finance Research Vol. 1 No. 1 (2020): International Journal of Finance Research ]]>
Publisher : <![CDATA[Training & Research Institute - Jeramba Ilmu Sukses (TRI-JIS) ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.47747/financeinvestmentderivative.v1i1.47
<![CDATA[The main purpose of this study was to investigate the impact of tax evasion among tax payers of payers Robe town administration. To attain the intended objective the study used quantitative research method and logit method for the econometrics model. And to collect the necessary data from the respective respondents questionnaire was distributed and collected from 346 respondents. For the data analysis SPSS version 20.0 was used. The finding of this study revealed that; tax knowledge, efficiency of tax authority, equity, and tax audit are found to be significant factors that could affect the tax evasion perception of tax payers.]]>
<![CDATA[Analysis of Regional Financial Performance through the Independence Ratio, Effectiveness Ratio, and Growth Ratio in the District South Bangka ]]>
<![CDATA[Gayatria Oktalina]]>
<![CDATA[ International Journal of Finance Research Vol. 1 No. 2 (2020): International Journal of Finance Research ]]>
Publisher : <![CDATA[Training & Research Institute - Jeramba Ilmu Sukses (TRI-JIS) ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.47747/financeinvestmentderivative.v1i2.99
<![CDATA[One of the positive effects of the implementation of regional autonomy is the proliferation of provinces or regencies/cities that is most common throughout Indonesia. One area resulting from the expansion is South Bangka Regency. As a new Regency that grew up in the era of regional autonomy, South Bangka Regency has a license to own its own area. The purpose of this research is to find out the Regional Government Financial Performance of South Bangka Regency. The data collection method used is documentation. While the method of analysis uses descriptive quantitative methods using financial ratios. The Financial Performance of South Bangka Regency Government in 2014-2018 when seen from the ratio of Regional Financial Independence is 7.10%. Regional Financial Effectiveness Ratio of 111.12% which means very effective. Regional Financial Ratio 40.00% is at medium level.]]>
<![CDATA[Capital Market and Economic Growth in Nigeria: An Autoregressive Distributed Lag (ARDL) Bounds Testing Approach ]]>
<![CDATA[Panan Danladi Gwaison]]>;
<![CDATA[Livinus Nkuri Maimako]]>;
<![CDATA[Pokyes Shekara Mwolchet]]>
<![CDATA[ International Journal of Finance Research Vol. 1 No. 2 (2020): International Journal of Finance Research ]]>
Publisher : <![CDATA[Training & Research Institute - Jeramba Ilmu Sukses (TRI-JIS) ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.47747/financeinvestmentderivative.v1i2.113
<![CDATA[The role of the capital market in the growth and development of any economy need not be over-emphasized. The capital market is a complex institution and mechanisms through which economic units desirous to invest their surplus fund, interact directly or through financial intermediaries with those who wish to procure funds for their businesses. The Nigerian capital market started operations in mid-1961 with eight stocks and equities; with about seven United Kingdom (UK) firms quoted on the Nigerian Stock Exchange (NSE) which had, at the same time, dual quotations on the London Stock Exchange. This study examined the impact of the capital market on economic growth in Nigeria from 1981 to 2018. The expo facto research design was adopted for this study. The time-series data for the study were sourced from CBN statistical bulletin. Autoregressive Distributed Lag (ARDL) was used with the aid of e-view 10 software. The ARDL Bounds test revealed the existence of a long-run relationship among the variables. The result revealed that market capitalization has positive and insignificant effects on economic growth both in the short and long run. There is unidirectional causality among the variables. The study recommended that regulatory authorities should restore confidence in the market by ensuring transparency and fair trading dealings and transactions in the market to enhance economic growth. There should be an improvement in the moribund market capitalization, by encouraging more foreign investors to participate in the market, maintain a state of the art technology like automated trading and settlement practices, electronic fund clearance, and eliminate physical transfer of shares.]]>
<![CDATA[The Effect of Inflation, Interest Rates and World Oil Prices on Gold Prices in Indonesia with the US Dollar Exchange Rate as an Intermediary Variable ]]>
<![CDATA[Ummi Kalsum]]>;
<![CDATA[Randy Hidayat]]>;
<![CDATA[Sheila Oktaviani]]>
<![CDATA[ International Journal of Finance Research Vol. 2 No. 1 (2021): International Journal of Finance Research ]]>
Publisher : <![CDATA[Training & Research Institute - Jeramba Ilmu Sukses (TRI-JIS) ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.47747/financeinvestmentderivative.v2i1.228
<![CDATA[This study aims to determine the effect of inflation, interest rates, and world oil prices on fluctuations in gold prices in Indonesia with the US Dollar exchange rate as an intermediary variable. This research is a type of explanatory research with a quantitative approach. The data used are monthly time series data for 2014 - 2019 with a sample of 72 samples. Hypothesis testing in this study uses path analysis, is a development technique of multiple linear regression. This technique is used to test the amount of contribution shown by the path coefficient on each path diagram of the causal relationship between cariables X1, X2, and X3 on and its impact on Z. The results of this study indicate that the effect of inflation, interest rates and worl oil prices on exchange rates individually has very little effect. The effect of inflation, interest rates, world oil prices and the exchange rate on gold prices individually shows a negative value for inflation and interest rates means that the effect is small, while for the world oil price and the dollar exchange rates shows a positive value which means that it has a large effect on the price of gold. The effect of inflation, interest rates and world oil prices on gold prices through the exchange rate, all variable show a negative value, this indicates that the effect is very small.]]>
<![CDATA[Effects of Corporate Governance on Financial Performance of Commercial Banks in Nigeria ]]>
<![CDATA[Panan Danladi Gwaison]]>;
<![CDATA[Livinus Nkuri Maimako]]>
<![CDATA[ International Journal of Finance Research Vol. 2 No. 1 (2021): International Journal of Finance Research ]]>
Publisher : <![CDATA[Training & Research Institute - Jeramba Ilmu Sukses (TRI-JIS) ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.47747/ijfr.v2i1.244
<![CDATA[In most developing countries, several cases of collapses or failure in the banking sector were witnessed. Nigeria had witnessed several cases and collapsed in the banking sector. This study investigated the effects of corporate governance on the financial performance of commercial banks in Nigeria. The study used the survey research design. A secondary source of data was used for this research. The data were collected from financial statements of the five (5) commercial banks selected from the Nigerian Stock Exchange listing for fourteen financial years (2003 – 2017). The study utilized the panel Least Squares Regression Analysis as the method. The result indicated that board size had significant effects on financial performance (ROA) of commercial banks in Nigeria, board composition had significant effects on financial performance (ROA) of commercial banks in Nigeria, board gender diversity had significant effects on financial performance (ROA) of commercial banks in Nigeria, the audit committee has no significant effects on financial performance (ROA) of commercial banks in Nigeria, and board independence had significant effects on financial performance (ROA) of commercial banks in Nigeria. The study, therefore, concludes that the weak corporate governance structure in Nigeria contributed immensely to the recent crisis experienced in the Nigerian banking sector. The study recommended that banks develop and implement strategic training for board members and senior bank managers. Nigerian banks should appropriately adopt the international codes of corporate governance to meet the need of the Nigerian environment, among other recommendations.]]>
