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Journal of Applied Management and Investments



ISSN 2225-3467



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 Volume 2 Issue 4 2013                                  Abstracts







A Study of the Impact of Asset-Liability Management on the Profitability of Banks in India

M. Dash

Asset-liability management in banks is the strategic management of assets and liabilities aimed to optimize profitability, while ensuring liquidity, and protecting against different risks. The study examines the impact of asset-liability management on the banks’ profitability for a sample of thirty-five public and private sector Indian banks. The results of the study indicate that most of the banks are exposed to short term risk, with negative maturity mismatches in the 1-90 days bracket, and more so for public sector banks. However, the regression results indicate that there is an incentive to maintain negative maturity mismatch in the short-term, as this improves profitability.

Keywords: asset-liability management, profitability, liquidity, risk, maturity gap analysis


A Comparative Analysis of the Financial Performance: Evidence from UK and Bangladesh 

N. Florin

This research paper empirically examines the performance indicators of banking activities in Bangladesh and United Kingdom through highlighting their profitability & productivity. Financial performance evaluation is very interesting topic for business due to acute competition in the market. Organisations are now more concerned with their overall performance than ever before as they can evaluate their performance by comparing with competitor’s one. Normally, the organization’s value creation change due to technology, competition, change of taste and behaviour of customers. There is no single method or strategy to evaluate the financial performance of banks. Generally it is associated with liquidity and operational effect linked to the profitability of banks. Capital ratios, in their turn, help to see whether the banks have the capacity to cover their liabilities or not.

Keywords: commercial banks, financial performance, profitability and liquidity, non-performing loans, asset- liability management


Problems of Goal Alignment for German Wine Cooperatives 

J. H. Hanf, T. Gagalyuk, E. Schweickert

Co-operatives can be understood as a particular kind of networks consisting of individual firms (members) forming a formal network institution (co-operative) being by itself an own enterprise. Thus, the members have goals which they want to achieve by joining the network (co-op) and the co-op as an enterprise has its own goals. Out of this problem setting, we derive the aim of our paper which is twofold. First, we want to introduce and transfer our model of network success on co-operatives. Second, we want to elaborate managerial implications in general and by providing some insights on German wine co-operatives by presenting some expert interviews as well as some empirical results.

Keywords:  German wine coops, goal alignment, managerial implications, wine


How Can International Financial Institutions Support Cross Border Energy Projects in Emerging Market Economies?

H. Hilmarsson

Investments in clean energy, including geothermal and hydropower projects, are increasingly important to meet the growing energy needs in the world. A large part of clean energy sources in the world are located in emerging markets. Investors in those markets often face higher risks than those investing in high income economies. Higher risks in turn reduce capital flows to emerging markets. This article discusses cross border clean energy projects to emerging markets and the risk mitigation instruments offered by international financial institutions and export credit agencies. The article argues that IFIs should make more use of their guarantee powers to help mobilize private sector funding for clean energy investments to emerging markets.

Keywords: public-private partnerships (PPPs), clean energy, emerging markets, international financial institutions (IFIs), export credit agencies (ECAs), risk mitigation instruments


Management of Regional Projects and EU Funding Mechanisms

A. Mirchev, S. Lesidrenska, M. Ivanov

The paper examines and analyzes the main goals and tasks for development of regions in Republic of Bulgaria in the context of intelligent specialization. The authors place special emphasis upon the nature of intelligent specialization on a regional level, namely: elaboration of a vision of one region; identification of specific advantages of the region, determination of strategic priorities.

Keywords: regional projects, cohesion policy, management, funding, EU


An Analysis of Public and Private Sector Banks Performance Using CAMEL Model

S. Rastogi, P. Saxena

In present study the CAMEL model has been used to evaluate and compare the all-round performance of public and private sector banks. Statistical sample includes four major public and private sector banks. They are State Bank of India, Punjab National Bank, HDFC Bank and AXIS Bank. The results found that private banks have shown better performance on all the dimensions of CAMEL and following ranks have been assigned HDFC Bank-1st rank, AXIS Bank-2nd rank, PNB-3rd rank and SBI-4th rank.

Keywords: CAMEL model, capital adequacy, asset quality, management quality, earning performance, liquidity


Analyzing the Performance of Poverty Alleviation Programs

S. Shabnaz, B. Shajahan

Poverty alleviation has been an important target for the Government especially to meet its Millennium Development Goal. Micro-credit provided by various Micro Finance Institutions both Government and Non-Government have contributed significantly for this cause. Although the number of such institutions is increasing there exists still an estimated 56 million people who are still living in poverty. This study indicated that the poverty alleviation programs of BRDB can be made more effective by generating target oriented awareness programs and attractive incentives for the employees.

Keywords: poverty alleviation program,  micro-credit, micro finance institution, Bangladesh rural development board (BRDB)


FOREX Rate Forecasting: Evidence from Post-Crisis Era

N. Sivakumar

The global financial crisis of 2007 drastically changed the dynamics of forex rate forecasting. This paper studies whether forward rates and current spot rates act as predictors of future spot rates in the post global financial crisis era, using evidence from the Indian forex markets. The results indicate that forward rates do not act as unbiased predictors of future spot rates in the post global financial crisis era which is similar to results of pre-crisis period studies. Further, current spot rates predict future spot rates only with a lag of one day, beyond which they lose their predictive efficiency.

Keywords:  post global financial crisis, Indian forex market, forward rates, unbiased predictors


Modernizing the Potential of Industrial Enterprises

A. L. Sabadyreva

The author justifies using a systematic approach to upgrade the potential of the industrial enterprise and isolated parts of a process of system methodology. The concept of modernizing the potential of industrial enterprises in market conditions based on the corporate portfolio methodology is developed.

Keywords:  modernization, industrial enterprise, potential corporate portfolio


Information Support for Competitiveness Potential of the Company

A. L. Sabadyreva, D.E. Salavelis

This paper grounds the principles of a systematic approach to the organization of information support to competitiveness potential of the company. The authors developed a concept of information support for competitiveness potential of the company in terms of progressive methods of doing business, which has a practical importance and discloses an effect of competitiveness management on the market.

Keywords:   competitiveness, enterprise, capacity, information technology





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