Financial system of B&H is “bank dominated”, which means that banks (credit institution) is dominated financial institutions in the financial system. Banks have major role in financial intermediation process between deficit and surplus money unites. Having on mind specific features of financial systems in Bosnia and Herzegovina it’s important to analyses characteristics each segment of fi...

Do husbands and wives have the same view of the family’s financial situation? This research shows that when couples are asked separately about finances, very different views emerge of income and wealth. Quantifying the gap between husbands’ and wives’ financial statements shows half of all couples provide family income values that differ by more than 10% and net worth values that differ by more...

Credit unions are small, cooperative, not-for-profit institutions, which distinguishes them from other financial intermediaries. In this study we conduct a performance evaluation of credit unions. The criteria respect the unique organizational and institutional features of credit unions, without losing sight of the fact that they must compete with other financial intermediaries. We use nonparam...

a r t i c l e i n f o This study empirically identifies the factors which explain the bank credit to the businesses in varying financial environments and emerging global challenges. With the major focus on supply side this study uses the ARDL econometric approach using annual data from the period 1971 to 2010 for Pakistan. The empirical results indicate that the foreign liabilities, domestic de...

Credit ratings convey credit risk information to participants in financial markets, including investors, issuers, intermediaries and regulators. This paper proposes an automatic text analysis system for financial news and analyzes the effects of news coverage and sentiment factors on credit ratings. Our experiment results show that firms with higher news coverage received worse ratings in the n...

The purpose of this study is to determine the effect interest rates and timeframes on bad debts. This research was conducted at Sharia Cooperative Kertasinduyasa Society, Brebes with a population 50 respondents. data collection method in carried out by distributing questionnaires respondents who had debts cooperative. analysis used an instrument test which includes validity reliability test, cl...

The paper examines the causal nexus between financial development and economic growth in India in a multivariate VAR model. The empirical analysis is based on cointegration and causality test. The cointegration test finds the presence of long run equilibrium relationship between financial development and economic growth. The Granger causality test finds the existence of bidirectional causality ...

Based on valuation model of residual earnings, we cannot use earnings and losses of balance sheet items recorded in fair value for valuation purposes, for the balance sheet provides a perfect estimate of such items’ value. The purpose of this study is to examine whether net financial expenses are related to the market price of stocks in Iran, because after initial recording of financial debts, ...