This study considers the effects of the financial institutions’ local topology structure in the financial network on their systemic risk contribution using data from the Chinese stock market. We first measure the systemic risk contribution with the Conditional Value-at-Risk (CoVaR) which is estimated by applying dynamic conditional correlation multivariate GARCH model (DCC-MVGARCH). Financial n...

Intellectual Capital is essential in every economical activity. The aim of this study how intellectual capital impact on financial performance Sri Lankan institution. To achieve objective research banking institution has been selected from Colombo Stock Exchange directory for the period 2016 to 2020. Random sampling technique were used analysis data. MVIAC model measurement independent variable...

In developing countries, traditional social obligations often press rich individuals to share their income. In this paper, we posit a “model of social pressure” in which people can sign binding financial agreements among them. These agreements may help to escape social obligations. It turns out that an anonymous and efficient agreement corresponds to one of the most developed and puzzling finan...

Microfinance institution plays a crucial role in economic development and financial inclusion. Financial sustainability is the key dimension to microfinance institutions growth. Which further indicate importance of which is. Therefore, present study investigated effect leverage on MFI sustainability. The specific objective was establish MFIs. guided by agency theory life-cycle theory. adopted a...

The paper is devoted to the consideration of issues related unification financial law norms, which govern public relations on internal distribution and redistribution budgetary funds, into a single independent legal institution within its main sub-branch, namely budget law. system patterns inherent in structural elements became conceptual basis research. It established that norms regulating act...