ORIGINAL RESEARCH ARTICLE | Dec. 7, 2023
Negative Impact of COVID-19 on the Small & Medium Garments Manufacturers & Suppliers of Bangladesh and Possible Solutions to Overcome the Outbreak
Laila Ferdousy, Showkat Ara Khanam
Page no 570-575 |
DOI: 10.36348/sjef.2023.v07i12.001
In the context of the pervasive global pandemic, this research article meticulously investigates the detrimental repercussions inflicted upon Bangladesh's small and medium-sized garment industry by the relentless onslaught of COVID-19. Through a comprehensive lens, it scrutinizes the intricate challenges faced by manufacturers and suppliers, ranging from disrupted supply chains and diminished consumer demand to financial strain and workforce implications. Delving into the nuanced layers of this crisis, the research articulates the profound impact on the economic landscape and social fabric of the nation. The article not only highlights the adversities but also serves as a beacon of resilience, presenting an array of potential solutions to navigate and transcend the challenges posed by the pandemic. These solutions encompass strategic adaptations in business models, leveraging technology for operational efficiency, policy recommendations for industry support, and fostering international collaborations to bolster recovery efforts. This research article thoroughly examines the adverse repercussions of the COVID-19 pandemic on Bangladesh's small and medium-sized garment industry, specifically focusing on manufacturers and suppliers. The detailed abstract delves into the multifaceted challenges faced by these entities, ranging from disrupted supply chains to decreased consumer demand. The article also provides a comprehensive analysis of potential solutions, proposing strategies and interventions aimed at helping the industry recover and thrive despite the ongoing outbreak.
ORIGINAL RESEARCH ARTICLE | Dec. 16, 2023
Financial Literacy, Financial Technology, and Financial Satisfaction: Explorasi the Mediation Effect of Financial Inclusion
Febita Tria Safira, Wida Purwidianti, Naelati Tubastuvi, Alfalisyado
Page no 576-586 |
DOI: 10.36348/sjef.2023.v07i12.002
One crucial factor that affects a person's well-being is their level of financial satisfaction. This study aims to create a research model based on technology, financial literacy, financial inclusion, and financial satisfaction. This research data was obtained from questionnaires distributed to communities in Cilacap and Banyumas, consisting of 110 people. The data obtained were analyzed using SmartPLS Ver 3.2.9 software. The study shows that financial inclusion is driven by financial technology and financial literacy. There is a positive correlation between financial satisfaction and financial inclusion. Financial satisfaction and financial literacy are positively correlated. Nevertheless, there is no relationship between fintech and financial satisfaction. In addition, this study found that financial inclusion could mediate the relationship of financial technology to financial satisfaction. However, financial inclusion cannot mediate financial literacy with financial satisfaction. The results of this research are expected to be helpful for the community and government. The public can increase financial literacy and fintech to optimize financial inclusion. In addition to the community, the government or stakeholders also maximize the availability of access to various quality formal financial services to achieve a 90% financial inclusion index target in 2024 to improve public welfare. The results of this study can be a suggestion for future researchers to find several other factors that affect financial satisfaction.
ORIGINAL RESEARCH ARTICLE | Dec. 18, 2023
Comparative Analysis of Financial Performance Using the Economic Value Added (EVA) Approach in Banking Listed on the Indonesian Stock Exchange
Elis Listiana Mulyani, Dedi Rudiana, Usman Mulja Kusumah
Page no 587-591 |
DOI: 10.36348/sjef.2023.v07i12.003
Banking is a financial institution that carries out intermediary activities between people who own funds and people who need funds. Because of these activities, ongoing supervision is needed to avoid any party being harmed. One way to assess banking performance is to compare the financial ratios of one period with other methods. The aim of this research is to determine and analyze comparative financial ratios using liquidity ratios, solvency ratios, profitability ratios and economic value added (EVA) as a means of measuring financial performance in banks listed on the Indonesia Stock Exchange. The research method used is descriptive analysis with the data used is secondary data in the form of financial reports for the 2018 period. The results show that there is no difference between financial ratios in the form of Liquidity ratios, Solvency ratios and Profitability ratios with Economic Value Added (EVA) as a tool for assessing banking financial performance.
REVIEW ARTICLE | Dec. 30, 2023
Government Intervention and Reduction of Unemployment: Lessons from Governor Amaechi’s Songhai Farm in Rivers State, Nigeria
Agbarakwe, H Ugochukwu
Page no 592-599 |
DOI: 10.36348/sjef.2023.v07i12.004
Unemployment has become an intractable underdevelopment phenomenon in all economies. Though most empirical studies asserts that unemployment is higher in less developed economies as compared to developed ones, it is an established fact that no country has the capacity to provide jobs for all its citizen simultaneously. Hence, the attainment or maintenance of an acceptable rate of unemployment is a major theme of public policy formulators. It is on this backdrop that this research is carried out. The paper aims at showing how government intervention in the agricultural sector was able to develop the sector within a very short interval in Rivers State, Nigeria and using content analysis, draws lessons therefrom for the developing countries for dealing with unemployment.
ORIGINAL RESEARCH ARTICLE | Dec. 30, 2023
Estimation of Exchange Rate Volatility in Mexico an Approach with ARCH-GARCH Models
Dr. Alfredo Roberto Velasco, Dr. J. Emilio Méndez-González, MARH Liliana Álvarez Loya, MARH Enrique Guzmán Nieves
Page no 600-606 |
DOI: 10.36348/sjef.2023.v07i12.005
This article analyzes the behavior of the exchange rate and its volatility for the period from December 2, 2003, to November 2, 2023. The analysis conducted was of a quantitative documentary nature; the statistical tool EViews9 was used for data capture, analysis, and interpretation; therefore, it was not experimental. Data analysis was performed using the ARIMA model for exchange rate estimation and the ARCH and GARCH model families for conditional variance estimation – volatility. The results obtained allow observing the trajectory of volatility, whose behavior has been affected by the economic policy followed by the economic authority and the crises generated by subprime mortgages and the pandemic. It is recommended to incorporate other volatility models, as well as comparison with other key variables in the financial sector, particularly the price and quotation index of the Mexican Stock Exchange, to include more relevant information that can improve the behavior of the exchange rate and its volatility.