This paper investigates the relationship between formal and informal financial institutions in India. Traditional views treat formal financial institutions and the informal ones as substitutes, in which case previously credit-constrained entities will replace their informal financing by formal financing eventually as they gain access to bank loans. However, in this paper, I take a close look at...

The purpose of this study is to identify the determinants of dividend policy in Malaysian financial institutions. Panel data set were constructed from 33 financial institutions in Malaysia for a period of 10 years (2001-2010). The results show a statistically significant positive relationship between dividend policy and profitability, which implies that Malaysian financial institutions distribu...

Using credit default swap data, we propose a novel empirical framework to identify the structure of credit risk networks across international major financial institutions around the recent global credit crisis. The findings shed light on the credit risk transmission process and helps identify key financial institutions. Specifically, we identify three groups of players including prime senders, ...

This paper proposes a balance sheet metamodel using Model Driven Architecture (MDA) methodology. In order to do that, we use the international financial reporting standard (IFRS) as a good starting point owing to its wider adoption across countries in preparing balance sheet. The balance sheet is summary of financial position of a financial entity such as credit institutions. The reason for app...

INTRODUCTION The costs of health care in Poland are continuously increasing. Thus, almost every institution providing medical services aims at their limitation. One of the costs rationalisation methods in the health care sector is outsourcing. MATERIAL AND METHODS The study was conducted in 153 randomly selected institutions providing medical activities. The tool was a questionnaire, availabl...

For financial institutions as “heavy users” of Information Technology (IT), the promises of cloud computing – most notably, increased flexibility and reduced provisioning cost – are tempting. However, moving data and applications from a confined internal IT infrastructure to an external, shared cloud poses multiple new security issues. This paper provides an assessment of the relevance of selec...