Journal articles: 'Financial sustainability'

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Bayai, Innocent, and Sylvanus Ikhide. "Financing and financial sustainability of microfinance institutions (MFIs): a conceptual view." Banks and Bank Systems 11, no. 2 (July 2, 2016): 21–32. http://dx.doi.org/10.21511/bbs.11(2).2016.03.

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Recent evidence shows that MFI financing continues to evolve with an increased inclination towards commercial financing. Taking stock on MFI financing and refocusing on the relationship between financing options and financial sustainability (FS) is unavoidable. The authors consummated a literature review based on complementing the little evidence on the subject with both theoretical and implied evidence from related studies in unpacking the relationship. Though donations are losing grip as a popular MFI financing option, review of literature recommends smart subsidies to spur FS and counter inefficiency, mis-targetting, dependency and distortions. As much as debt addresses agency problems and endorses FS, it has to be kept within limits to curb liquidation and mission drift. Deposit attraction augments FS and outreach, though MFIs must prepare to foot licensing costs, otherwise, mission drift ensues. Equity, though scarce in microfinance, is cheap and additive to FS. The authors suggest that MFIs should consider commercial funding, whilst keeping a check on the downside of each commercial financing option to augment FS and multiply outreach

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Letaief, Khaled B., Fambirai Takawira, and Bruce Worthman. "ComSoc's Financial Sustainability." IEEE Communications Magazine 57, no. 8 (August 2019): 4. http://dx.doi.org/10.1109/mcom.2019.8808148.

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Trach, Dmitrii Mikhailovich. "FINANCIAL SUSTAINABILITY MANAGEMENT." AIC: economics, management, no. 2 (February 1, 2023): 24–30. http://dx.doi.org/10.33305/231-24.

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Liyanagamage, Champika. "Determinants of Financial Sustainability of Financial Intermediaries." International Journal of Finance & Banking Studies (2147-4486) 10, no. 1 (January 11, 2021): 01–10. http://dx.doi.org/10.20525/ijfbs.v10i1.996.

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This paper provides interesting insights into the practices of banks and institutional setting in Sri Lanka. The sustainability and stability of banks that makes up an economy’s banking system should be sound at all time. This paper aimed at analyzing the determinants of banking sector stability in Sri Lanka. The study used a broad set of macro and bank level data covering 22 commercial banks for the period 1996-2016. The fixed effect GLS panel data model tested in this paper sets the relationship between bank stability measure; Z-score and business environment which includes bank characteristics and the elements of macro environment. The analysis of the study revealed lower level of Z-scores and thus lower level of bank stability, indicating a higher risk associated with the commercial banking sector in Sri Lanka. From among the variables tested, strong evidence was found for a positive effect of bank efficiency on bank stability and a negative effect of credit growth on bank stability. At macro level, bank stability is promoted at a higher rate when the economy is more developed and stable. The results imply that efficiency of commercial banks needs to be further improved and regulatory and policy environment should be strengthened to manage the credit growth at the bank level. Further, it is suggestive to strengthening bank supervision and other financial infrastructure in order to ensure sustainability of the banking sector. Thus, the present paper contributes the current banking literature by unveiling the explicit and unforeseen economic implications associate with individual bank operations and macro imbalance which are particularly unique in underdeveloped countries.

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Thomas, John, and Pam Mantri. "Design for financial sustainability." Patterns 3, no. 9 (September 2022): 100585. http://dx.doi.org/10.1016/j.patter.2022.100585.

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Ouimet, Marie-Jo, Pierre Fournier, Idrissa Diop, and Slim Haddad. "Solidarity or Financial Sustainability." Canadian Journal of Public Health 98, no. 4 (July 2007): 341–46. http://dx.doi.org/10.1007/bf03405415.

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CHYRAK, Iryna. "FINANCIAL STABILITY, FINANCIAL INSTABILITY AND FINANCIAL SUSTAINABILITY OF THE ECONOMY." WORLD OF FINANCE, no. 2(63) (2020): 115–25. http://dx.doi.org/10.35774/sf2020.02.115.

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Introduction. The financial instability has significantly increased due to the liberalization of foreign economic relations, the weakening of state control over the movement of capital and the acceleration of globalization processes in the financial and credit sphere. It has weakened the sustainability of national economies and made them more vulnerable to crisis shocks. Significant economic losses from crisis phenomena increase the need for research of the nature of financial instability and sustainability of the economy, the factors affecting its condition and the identification of pre-crisis risks. Issues of developing and effectively utilizing measures aimed at improving the financial stability of the economy remain relevant. It will minimize the negative impact of shocks and maintain steadily growing economic dynamics. The purpose is to generalize theoretical approaches in order to determine the essence of financial stability, financial instability and financial sustainability, to identify factors affecting it, and also to define the peculiarities of providing financial sustainability of the economy in conditions of Covid-19 pandemic. Methods. It has been used a number of scientific and special methods of the research such as: analysis, synthesis, induction, deduction, abstract, logic and generalization methods while studying the modern theoretical approaches to determine the nature of financial stability and financial stability of the economy, identifying the interdependencies between them, analyzing of scientists' views on the nature of financial instability, the causes of its occurrence and possible negative consequences for the economy. Results. Theoretical approaches to determining the essence of financial stability and financial stability of the economy have been considered and generalized. It has been established that they are interrelated and interdependent phenomena and the most important conditions for stable development of the national economy. The views of scientists and researchers on the nature of financial instability, the causes of its occurrence and possible negative consequences for the economy have been analyzed. It has been found that the vast majority of scientists associate instability with the inability of the financial system to withstand shocks and prevent their devastating impact on the real economy. It has been determined that there are many factors that can cause financial instability and the impact of each of them at some point in time can be significant. It has been emphasized on increasing risks of crisis emergence and deployment in both global and national economies in the conditions of the Covid-19 pandemic and the importance of providing government support to businesses and industries to adapt to evolving circumstances. Conclusions. Further research suggests focusing on the development and effective use of measures aimed at improving the financial sustainability of the economy, which will minimize the negative impact of shocks and maintain a steadily increasing economic dynamic.

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Yordanova – Dinova, Petya. "ANALISYS OF WINE-PRODUCING ENTERPRISE’S FINANCIAL SUSTAINABILITY THROUGH INDICATORS OF THE CAPITAL’S COMMON STRUCTURE." Knowledge International Journal 31, no. 1 (June 5, 2019): 129–33. http://dx.doi.org/10.35120/kij3101129y.

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The complexity of the specific category “financial sustainability” is manifested most of all in the viewpoints of her determination and measurement. In the financial analysis’s theory and practice, priority is given to financial sustainability’s ratio method. He is based on calculation of different relations, characterizing the capital’s structure, derived from information originating from accounting, namely – the balance sheet. Financial sustainability is determined from the structure of the capital’s sources and asset’s financing. The availability of sufficient financial resources and their efficiency is used to define enterprise’s financial stability. This is why indicators of the capital’s common structure are of fundamental importance for the financial sustainability’s evaluation. Different methods and approaches exist regarding financial sustainability’s evaluation. In the current paper is used the ratio method. The ratio method for financial sustainability’s evaluation of the enterprises has number of advantages: he is informationally backed up, because enterprise’s accounting information is publicly accessible, he is easily applied and the received information is interpreted without difficulty for comparative analysis.

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Oncioiu, Ionica, Anca-Gabriela Petrescu, Florentina-Raluca Bîlcan, Marius Petrescu, Delia-Mioara Popescu, and Elena Anghel. "Corporate Sustainability Reporting and Financial Performance." Sustainability 12, no. 10 (May 24, 2020): 4297. http://dx.doi.org/10.3390/su12104297.

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In the past few decades, business performance has been approached from a multidimensional perspective, because a pro-active corporate sustainability reporting system for assessing the financial performance of an organization should at least address impacts at the organization and community levels, as well as the resulting associated social impacts. The purpose of this research was to identify the accessibility of corporate sustainability reporting instruments for Romanian managers and their role in increasing the financial performance of organizations. This study concludes that corporate social reporting indicators can be integrated into the reporting of the financial performance of a company and can transform sustainability into tangible value for all interested parties. In addition, the empirical results contribute to the understanding of corporate social responsibility practices; although being non-financial, these seem to be financially meaningful at a certain level after other financial factors are controlled for.

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Indra, Yus. "STRATEGI MEWUJUDKAN KEMANDIRIAN SEKTOR FINANSIAL LOKAL MELALUI SUSTAINABILITAS LEMBAGA KEUANGAN MIKRO SYARIAH (BAITUL MAAL WATAMWIL, BMT)." Jurnal Terapan Abdimas 3, no. 2 (July 13, 2018): 85. http://dx.doi.org/10.25273/jta.v3i2.2793.

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Abstract. Sustainability of Sharia Microfinance Institution or BMT is influenced by institutional sustainability, financial sustainability and external support. Aspects of sustainability are organizations, policies and procedures, internal control systems, tasks and authorities, financing risk management, human resources and outreach of products and activities, aspects affecting financial sustainability are capital adequacy, asset quality, liquidity , profitability and efficiency, while the factors affecting the external support are Laws and Regulations, Supervisory of authority and Associate Agencies (APEX). To build sustainability BMT then must attention to aspects mentioned above. This research is motivated by previous studies on financial sustainability of micro finance institutions, through best practice approach in financial institution generally conducted research to get, test and reconstruct to other aspects of sustainability of microfinance institution, that is aspect related to institution. This is due to the limited research that discusses institutional sustainability. Based on the research, it can be concluded that sustainability of BMT is influenced by institutional sustainability, financial sustainability and external support, but in the implementation stage it is necessary to re-implement the management based on best practice approach of bankingKeyword : sustainability, governance Abstrak. Sustainabilitas Lembaga Keuangan Mikro Syariah atau BMT dipengaruhi oleh sustainabilitas kelembagaan (institutional sustainability), sustainabilitas keuangan (financial sustainability) dan dukungan eksternal. Aspek yang mempengaruhi sustainabilitas adalah organisasi, kebijakan dan prosedur, sistem pengendalian internal, tugas dan kewenangan, manajemen risiko pembiayaan, Sumber Daya Insani dan keterjangkauan produk dan aktivitas. Aspek yang mempengaruhi sustainabilitas keuangan adalah kecukupan permodalan, kualitas aset, likuiditas, profitabilitas dan efisiensi, sedangkan faktor yang mempengaruhi dukungan eketernal adalah Undang-Undang dan regulasi, otoritas pembinaan dan pengawasan dan lembaga pengayom (APEX). Penelitian ini dilatarbelakangi oleh penelitian terdahulu mengenai sustainabilitas keuangan lembaga keuangan mikro, melalui pendekatan best practice perbankan dilakukan penelitian untuk merekontruksi kembali hasil penelitian terhadap aspek-aspek dari sustainabilitas lembaga keuangan mikro, yaitu aspek-aspek yang terkait dengan kelembagaan (institutional). Hal ini mengingat masih terbatasnya penelitian yang membahas mengenai sustainabilitas kelembagaan (institutional sustainability). Berdasarkan penelitian diperoleh hasil bahwa sustainabilitas BMT dipengaruhi oleh sustainabilitas kelembagaan (institutional sustainability), sustainabilitas keuangan (financial sustainability) dan dukungan eksternal, namun dalam tahap implementasinya perlu dilakukan pentatakelolaan kembali berdasarkan pendekatan best practice perbankan.Kata Kunci : sustainabilitas, tatakelola

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Yordanova – Dinova, Petya. "APPLICATION OF THE NET ASSET’S METHOD FOR EVALUATION OF THE WINE-PRODUCING ENTERPRISE’S FINANCIAL SUSTAINABILITY." Knowledge International Journal 31, no. 1 (June 5, 2019): 123–27. http://dx.doi.org/10.35120/kij3101123y.

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In the current paper is presented one of the financial sustainability’s assessment, namely the method of net assets. Financial sustainability is over seed like long termed, stable financial state, backed by owned financial sources. Financial sustainability is differentiated in two general types – external and internal. External financial sustainability is connected with enterprise’s capability to settle its accounting interrelation with its counteragents and creditors. Internal financial sustainability suggests assurance of the assets with enough source of equity. The value of the net assets is important indicator, characterizing the structure of the capital and the determination of net asset’s level. The value of the net assets it’s in the base of determination of asset’s value, the financial leverage, the price and the equity’s rentability. The main object of this paper is the practical applications of the wine-producing enterprises financial sustainability evaluation through the method of the net assets. The outcome of paper’s research can be used by any stakeholders who are interested from this kind of economic activity.

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Falikhatun, Falikhatun, Salamah Wahyuni, Milananda Ainun Niswah, and Afifah Oki Nilasakti. "Financing Type And Sustainability Reporting: Financial Performance As Mediating Variable." Jurnal Dinamika Akuntansi 12, no. 1 (March 3, 2020): 34–45. http://dx.doi.org/10.15294/jda.v12i1.24930.

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The research aims to examine the effect of financing types on sustainability reporting with financial performance as a mediating variable. The independent variables in this research are Murabahah Musyarakah, and Mudharabah, while the mediating variable in this research is financial performance measured using Capital Adequacy Ratio (CAR) as a proxy. The Population of this research is Islamic Banking listed in statistical of Otoritas Jasa Keuangan Indonesia and published sustainability reporting and annual reports for the 2014-2017 period. The result of this study concluded that Financing Type proxied with Murabahah financing affects financial performance (CAR), and financial performance (CAR) also affects the Sustainability Reporting. The other proxies of financing type (Musyarakah and Mudharabah) do not affect financial performance. This study also concluded that financial performance variable mediates the effect of Financing type (Murabahah) on Sustainability Reporting.

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Widagdo, Bambang, and Chalimatuz Sa’diyah. "Business sustainability: Functions of financial behavior, technology, and knowledge." Problems and Perspectives in Management 21, no. 1 (January 30, 2023): 120–30. http://dx.doi.org/10.21511/ppm.21(1).2023.11.

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Micro, small, and medium-sized enterprises (MSMEs) are among the cornerstones of the Indonesian economy that managed to survive the world crisis. The development of MSMEs also demands that owners be ready to compete with other MSMEs. This study aims to analyze whether business sustainability is influenced by financial literacy with financial behavior and financial technology as mediators. The research sample includes owners and managers of MSMEs in Indonesia, totaling 342 respondents. Data collection methods used are non-probability sampling techniques by distributing questionnaires. This study uses SEM analysis with PLS analysis tools. It was found that financial literacy does not directly affect business sustainability but affects financial behavior and financial technology. Financial behavior and financial technology are proven to influence business sustainability. Furthermore, financial behavior and financial technology mediate the effect of financial literacy on business sustainability. The results of this study show that financial behavior and financial technology can fully mediate the relationship between financial literacy and business sustainability. Moreover, financial literacy cannot directly affect business sustainability, which must be fully mediated by financial behavior and financial technology. This study also provides practical value regarding the sustainability of MSMEs. Thus, companies can survive in the long term not only with a robust financial literacy foundation but they must be supported by good financial behavior and also be able to choose the right financial technology in their business activities.

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Herman, Emilia, and Kinga-Emese Zsido. "The Financial Sustainability of Retail Food SMEs Based on Financial Equilibrium and Financial Performance." Mathematics 11, no. 15 (August 4, 2023): 3410. http://dx.doi.org/10.3390/math11153410.

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The aim of this study was to investigate the financial sustainability of retail food SMEs for the 2016–2021 period, in Romania, from the perspective of financial equilibrium and performance. A multivariate analysis was used, including a correlation analysis, a principal component analysis (PCA), and a cluster analysis. The empirical results show a positive link between the financial performance and financial equilibrium indicators. We employed the PCA in order to build a composite financial index using financial equilibrium indicators (ratios of liquidity, solvency, collection, and payment period) and financial performance indicators (Return on Assets and Return on Equity). The results show that financial equilibrium and performance are the two main dimensions which the financial sustainability index (FSI) was constructed on. Taking into account the dimensions of financial sustainability, the analyzed SMEs were clustered in four homogeneous clusters. The research findings clearly demonstrated that the retail food SMEs with a good/acceptable financial sustainability also have a good/acceptable financial balance and performance situation. Furthermore, a significant part of the analyzed SMEs faces difficulties regarding financial sustainability, being characterized by the lowest values of FSI, determined by both an uncertain situation in terms of liquidity, leading to a financial disequilibrium, and a negative financial performance. Therefore, this research emphasizes some specific measures that need to be taken to boost financial sustainability of these businesses in the retail food sector.

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Cuadrado-Ballesteros, Beatriz, and Marco Bisogno. "Budget transparency and financial sustainability." Journal of Public Budgeting, Accounting & Financial Management 34, no. 6 (June 16, 2022): 210–34. http://dx.doi.org/10.1108/jpbafm-02-2022-0025.

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PurposeThis study investigates the transparency of budgets by examining its relationship with financial sustainability, which is a central area of research in the public-sector context.Design/methodology/approachReferring to the public value framework, a large sample of 110 countries has been investigated, implementing econometric models where the dependent variable is the Open Budget Index (OBI), published by the International Budget Partnership (IBP), and the test variables are different indicators of financial sustainability.FindingsThe results that emerge from the analysis suggest that budget transparency could be positively associated with the financial sustainability of governments, beyond the traditional aims of enhancing citizens' trust and participation.Originality/valueThis research offers important insights for policy areas, suggesting that improving budget transparency could be beneficial for public administrations because of the positive association with financial sustainability.

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Kakati, Shivam, and Arup Roy. "Financial sustainability: An annotated bibliography." Economics and Business Review 7, no. 3 (2021): 35–60. http://dx.doi.org/10.18559/ebr.2021.3.4.

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The literature on financial sustainability is scattered in such a way that a synthesis is indispensable. The present study on an annotated bibliography of financial sustainability seeks to fill this particular gap by presenting a collation of published literature in the sphere. The sectorial analysis depicted that ability to cover the costs from its own resources and ability to pay debt were the key dimensions to measure financial sustainability. The majority of the studies were found in the public sector covering local governments and central governments particularly in such European countries as Spain, Italy and England. Earning enough resources, asset sustainability and the ability to repay obligations are the three dimensions to assess financial sustainability. The study also pointed out the key research areas, variables and analytical tools among other trends in the literature. The present study assists the future researchers in reviewing the literature on financial sustainability and developing research methodology.

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García-Benau, María Antonia, Nicolás Gambetta, and Laura Sierra-García. "Financial Risk Management and Sustainability." Sustainability 13, no. 15 (July 25, 2021): 8300. http://dx.doi.org/10.3390/su13158300.

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In the last decades, the studies that analyze the links between corporate social responsibility and financial performance in developed countries show mixed and inconclusive results, so additional research is required [...]

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Drummond, Don, and Duncan Sinclair. "Long-Term Care’s Financial Sustainability." HealthcarePapers 20, no. 1 (September 30, 2021): 15–19. http://dx.doi.org/10.12927/hcpap.2021.26645.

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Stasytytė, Viktorija. "CONCEPTUALIZATION OF FINANCIAL SYSTEM SUSTAINABILITY." Journal of Security and Sustainability Issues 4, no. 4 (June 30, 2015): 391–402. http://dx.doi.org/10.9770/jssi.2015.4.4(6).

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Jamieson, Ian R., Paul Lipori, and Richard J. Howard. "Financial Sustainability in Transplant Programs." Graft 4, no. 6 (September 2001): 424–26. http://dx.doi.org/10.1177/152216280100400611.

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Harlow, Summer. "Quality, Innovation, and Financial Sustainability." Journalism Practice 12, no. 5 (May 30, 2017): 543–64. http://dx.doi.org/10.1080/17512786.2017.1330663.

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Arner, Douglas W., Ross P. Buckley, Dirk A. Zetzsche, and Robin Veidt. "Sustainability, FinTech and Financial Inclusion." European Business Organization Law Review 21, no. 1 (March 2020): 7–35. http://dx.doi.org/10.1007/s40804-020-00183-y.

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Towbin, Pascal. "FINANCIAL INTEGRATION AND EXTERNAL SUSTAINABILITY." International Journal of Finance & Economics 18, no. 4 (December 7, 2012): 375–95. http://dx.doi.org/10.1002/ijfe.1469.

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Retnosari, Retnosari. "PENGARUH DIMENSI SUSTAINABILITY REPORTING TERHADAP KINERJA KEUANGAN PADA PERUSAHAAN YANG TERDAFTAR DI BURSA MALAYSIA." Jurnal Ilmiah Akuntansi dan Keuangan 7, no. 1 (November 7, 2018): 68–79. http://dx.doi.org/10.32639/jiak.v7i1.269.

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This study aims to analyze sustainabilty dimensions of sustainability reporting positive effect on the financial performance of companies in Malaysia. This research is quantitative method of the archival research. Furthermore sampling in this study using purposive sampling and this research using descriptive analysis and multiple regression analysis.This study found existing positive influence dimensions of sustainability reporting which consists of the economic, environmental, labor, human rights, social and product responsibility on the financial performance in the company's Malaysia.Key words: corporate social responsibility, sustainability, financial performance

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Meher, Kishor, and Henok Getaneh. "Impact of determinants of the financial distress on financial sustainability of Ethiopian commercial banks." Banks and Bank Systems 14, no. 3 (October 10, 2019): 187–201. http://dx.doi.org/10.21511/bbs.14(3).2019.16.

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The study aims to investigate the impact of determinants of financial distress on financial sustainability of Ethiopian commercial banks. The balanced panel data of 12 commercial banks of Ethiopia have been taken for the study from 2011 to 2017. The research deploys Ordinary Least Square (OLS) Regression Model. The indicators of financial distress are bank’s specific internals and macro-economic factors. The proxies of financial sustainability are Return on Assets, Return on Equity, Financial Stability Index and Bank Soundness. The findings reveal that the Absolute Liquidity Risk and Net Income Growth are found to be positive and significant and Solvency Risk negative and significant in relation to Return on Assets. Asset Quality is found to be positive and significant and Solvency Risk negative and significant with respect to Return on Equity. The Asset Quality and Net Income Risk are positive and significant and Solvency Risk is negative and significant with relation to the Financial Stability Index. Absolute Liquidity Risk and Liquidity Risk are positive and significant and Credit Risk negative and significant with Bank Soundness. Free Cash Flow and Net Income Growth are essential for enhancing Return on Assets and Bank Soundness, and managing equity within the prudential norms could bring forth short-term financial sustainability of commercial banks. By lowering provisioning of loan loss, Growth in Net Interest Income and managing Solvency Risk could ensure financial stability to the banks, which in turn leads to financial sustainability. The study reveals that financial sustainability of banks is insulated from the exposures of systematic risks originating from macroeconomic factors.

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Miranti, Titis, and Ulfi Kartika Oktaviana. "Effect of Capital Structure on Financial Sustainability of Sharia Public Financing Bank (BPRS)." Ad-Deenar: Jurnal Ekonomi dan Bisnis Islam 6, no. 01 (March 20, 2022): 137. http://dx.doi.org/10.30868/ad.v6i01.2301.

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The study aims to see the direct effect of capital structure on the financial sustainability of a BPRS. The second objective is to see the indirect effect of capital structure on financial sustainability with the value of profitability as a mediating variable. The population in this study were all BPRS that uploaded their financial reports through the OJK website. The results showed that the capital structure had a direct and indirect effect on the financial sustainability of a BPRS. The higher the level of capital structure, the higher the profitability, and it supports the achievement of BPRS financial sustainability

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Günther, Thomas, Werner Gleißner, and Christian Walkshäusl. "What happened to financially sustainable firms in the Corona crisis?" Sustainability Management Forum | NachhaltigkeitsManagementForum 28, no. 3-4 (July 22, 2020): 83–90. http://dx.doi.org/10.1007/s00550-020-00503-3.

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AbstractPurpose: Financial sustainability is underrepresented in both research on and the practice of sustainability management and reporting. In this article, we examine empirically how financially sustainable firms performed in the Corona crisis.Methods: We measure financial sustainability by four conditions: (1) firm growth, (2) the company’s ability to survive, (3) an acceptable overall level of earnings risk exposure, and (4) an attractive earnings risk profile. We apply this measurement to investment portfolios of a broad sample of firms from 15 European countries of the MSCI Europe using typical investment portfolio characteristics.Results: We find that financially sustainable firms outperform both the broad market and firms with low financial sustainability for the time span July 2019 to March 2020.Conclusion: An investment strategy that invests in financially sustainable firms seems to be better capable of overcoming economic breakdowns such as the Corona crisis. We find that the returns increase with each of the four conditions that are included in the investment strategy. This underlines that considering financial sustainability is interesting for financial management, corporate governance and management control.

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Endovitsky, D. A., V. V. Korotkikh, and A. V. Krivosheev. "Financial Sustainability of the Russian Higher Education Institutions: Quantitative Analysis." Vysshee Obrazovanie v Rossii = Higher Education in Russia 30, no. 10 (October 8, 2021): 22–37. http://dx.doi.org/10.31992/0869-3617-2021-30-10-22-37.

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Purpose. Quantitative analysis and identification of determinants of Russian universities’ financial sustainability.Methods. Non-parametric methods for data analysis and machine learning.Results. We proposed two groups of working hypothesis. The levels of financial sustainability of Russian state universities are linked to internal environmental factors including the levels of financial management quality, income-generating activities scale, debt financing, fiscal discipline, academic and research-based activities scales. The levels of financial sustainability of Russian state universities are linked to external environmental factors and depend on the funding patterns and regional dimensions.Conclusions. Special conditions for increased state funding are not sufficient to strengthen universities’ financial sustainability. Moreover, we have established the insignificance of the university geographical location influence on financial sustainability. We have come to a conclusion that both financial management efficiency and prior year financial sustainability have key roles to play in current sustainability formation. Universities with a large scale of income-generating activities are more financially stable due to the diversification of sources of financial support for their overall activities.

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Horbunova, Olena, Viktoriia Kartseva, Nataliya Pedchenko, and Myroslav Ostapenko. "Financial sustainability of the state pension system of Ukraine." Investment Management and Financial Innovations 15, no. 2 (April 20, 2018): 17–28. http://dx.doi.org/10.21511/imfi.15(2).2018.02.

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The financial situation of the Ukrainian pension system and the problems of its reforming play an important role in determining the general standard of living in the country. The institutional weaknesses in the financial management of the state pension system have led to an unbalanced budget of the Pension Fund of Ukraine and a low standard of living for pensioners. In order to identify the potential for building an effective system of pension insurance, it is necessary to study the modern aspects of financial provision of the Ukrainian pension system. The article defines the economic interrelations between the processes of forming the financial resources of the Pension Fund of Ukraine and the volume and structure of the gross domestic product. In view of this, the financial sustainability of the state pension system of Ukraine has been researched and the determinants of its stable functioning in the years 1999–2017 have been identified, which enables to influence the process of effective formation and use of pension resources and to identify the strategic directions of reforming the pension system.

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Azarenkova, Galyna, Olena Golovko, and Kateryna Abrosimova. "Management of enterprise’s financial sustainability and improvement of its methods." Accounting and Financial Control 2, no. 1 (May 8, 2018): 1–14. http://dx.doi.org/10.21511/afc.02(1).2018.01.

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The article is dedicated to the solution of the relevant issue, concerning management of enterprise`s financial sustainability. Financial sustainability assessment is one of the most important principles of enterprise`s activity, which provides information about financial capabilities of the company at the time of its evaluation and for the future. It is a requirement for the enterprise activity, which provides a high level of competitiveness, efficiency and intensity. Thus, the restoration and strengthening of financial sustainability is a priority task for the enterprise, a basic precondition for its effective functioning. The purpose of the research is to analyze financial sustainability and to improve the methods and approaches of its evaluation. The following methods were used in this research: financial and economic analysis, economic and mathematical modeling, analysis and synthesis, comparison. The main results of the study are following: the theoretical and essential characteristics of enterprise financial sustainability has been determined; the financial status of PJSC “Turboatom” has been analyzed; the taxonomic index of financial sustainability has been calculated and the forecast of its significance has been made, the approaches to increase enterprise financial sustainability have been proposed.

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As’ari, Tengku Muhamad Hasan, and Rizal Yaya. "CEO Tenure, ESG Disclosure; Financial Performance; Sustainability Performance; Sustainability Reporting." Jurnal Reviu Akuntansi dan Keuangan 10, no. 2 (July 30, 2020): 192. http://dx.doi.org/10.22219/jrak.v10i2.11793.

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Poor financial performance in some State-Owned Enterprises (SOEs) in the last decade have been at public’s concern. This study aims at analyzing the influence of capital contribution, asset growth, liqudity, and state ownership on financial performance of state-owned enterprises. The subject in this study is SOEs listed in the Indonesian Stock Exchange during 2015-2018. Eigthy samples were collected and analysed by using multiple regression analysis. The results of the statistical test shows that state ownership measured by percentage of shares owned by the government has a negative and significant effect on financial performance state-owned. Meanwhile other variables such as capital contribution, asset growth and liqudity have no effect on financial performance of state-owned enterprises. This indicates that SOEs with high government shares tend to have more external intervention than those with less Government shares. For the SOEs with high government shares, there is a strong need to be managed with more professional to have better financial performance.

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Sulaiman, Maliah, and Muntaka Alhaji Zakari. "Financial sustainability of statewaqfinstitutions (SWIs) in Malaysia." Journal of Islamic Accounting and Business Research 10, no. 2 (March 4, 2019): 236–58. http://dx.doi.org/10.1108/jiabr-05-2016-0054.

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PurposeThis paper aims to measure the financial sustainability and vulnerability of state-managedwaqfinstitutions in Malaysia.Design/methodology/approachThe study mainly applied the commonly used Tuckman and Chang’s (1991) model to measure the financial health of non-profits. Content and ratio analysis of the 2014 audited reports of seven institutions were used to determine their equity balance, revenue concentration, administrative costs and operating margin ratios.FindingsThe results indicate that only onewaqfinstitution was financially sustainable in all the four components.Research limitations/implicationsBecause the data used are not the latest and focussed only on a single year, the findings may not be necessarily true, currently. Second, the study focussed only on Malaysia. Thus, the results may not be generalisable to otherwaqfsin other countries or to privately managedwaqfinstitutions. Accordingly, future research should address these limitations.Practical implicationsThe findings provide useful insights into the financial sustainability ofwaqfinstitutions and highlight the need for policymakers in Malaysia and other Muslim countries to give due attention to the holistic accountability ofwaqfinstitutions to ensurewaqf’ssystematic revival.Originality/valueThe paper, being the first to investigate the financial sustainability and vulnerability of statewaqfinstitutions in Malaysia, serves as a reference for future researchers.

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Elliot, Esi A., Carmina Cavazos, and Benjamin Ngugi. "Digital Financial Services and Strategic Financial Management: Financial Services Firms and Microenterprises in African Markets." Sustainability 14, no. 24 (December 19, 2022): 16994. http://dx.doi.org/10.3390/su142416994.

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This study highlights the impact of digital financial services as enhancing the capacity of development goals as well as social sustainability. The selected emerging markets are Ghanaian financial service providers (FSP)s and microenterprise customers (CME)s, where we examine how “Ubuntu”, an African philosophy of humanism, legitimizes spaces for a more democratic, egalitarian, and ethical engagement of human beings. This study adopts a grounded theory methodology for investigation of the phenomena with a sample size of 70 relationship managers. The findings further existing sustainability literature pertaining to social sustainability and consumer wellbeing. We contribute to theory by presenting a psychological perspective which be leveraged for digital financial services branding to expand usage within communal systems. This leverage of Ubuntu becomes especially relevant when there is the need to compensate for deficits in weak business infrastructures in low-income but expanding markets. Our study highlights digital financial services can be used to improve the emotional and psychological consumer wellbeing and to strengthen business relationships, meeting joint goals of market share expansion, brand image enhancement and profitability. This perspective also contributes to social sustainability on a global scale since the Western world depends on quality products from emerging markets.

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Suwandi, Monica, and Sansaloni Butar Butar. "Pengaruh Pengungkapan Sustainability Report Terhadap Kinerja Pasar." Jurnal Akuntansi Bisnis 17, no. 1 (October 23, 2019): 22. http://dx.doi.org/10.24167/jab.v17i1.2284.

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Abstract The purpose of this study is to examine the relationship between sustainabilty report disclosure and financial performance. This research employs all companies listed on the Indonesian Stock Exchange (IDX) over period of 2012-2016. The sample was collected under purposive sampling technique. Results indicate that the sustainability report economy dimension, sustainability report environment dimension, sustainabilty report social dimension, and quality audit have effect on the financial performance measured by return on asset and price earnings ratio. In addition, sustainability report human right dimension has effect on profitability, but no effect on the finacial performance market. Abstrak Penelitian ini bertujuan untuk menguji hubungan antara pengungkapan sustainability report dengan kinerja keuangan. Penelitian ini menggunakan semua perusahaan yang terdaftar di Bursa Efek Indonesia tahun 2012-2016. Sampel pada penelitian ini diambil dengan teknik purposive sampling. Hasil pengujian pada penelitian ini menunjukkan bahwa sustainability report dimensi ekonomi, sustainability report dimensi lingkungan, sustainability report dimensi sosial, dan kualitas audit berpengaruh terhadap kinerja keuangan yang diukur dengan return on asset dan price earnings ratio. Sebagai tambahan, sustainability report dimensi hak asasi manusia berpengaruh terhadap profitabilitas tetapi tidak berpengaruh terhadap kinerja keuangan pasar.

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Doshiro, Musa Umar, Hauwa Victoria Ibrahim, and Tanimu Gadi Usman. "Structural Determinants of Financial Sustainability of Listed Financial Companies in Nigeria." FUDMA Journal of Accounting and Finance Research [FUJAFR] 1, no. 1 (July 10, 2023): 49–64. http://dx.doi.org/10.33003/fujafr-2023.v1i1.9.49-64.

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The study examined the effect of structural determinant of financial sustainability of listed financial companies in Nigeria from 2012-2021. The study adopted longitudinal research design with panel multiple regression model was used for the analysis. The study found that managerial ownership has a positive significant effect on financial sustainability, institutional ownership has negative insignificant effect on financial sustainability while foreign ownership has positive insignificant effect on financial sustainability of listed financial companies in Nigeria. Based on the finding, the study recommends that managers should be encouraged to acquire more shares since it will lead them to be more committed to the company’s operations that can increase financial sustainability of the company. Also, the banks should encourage foreign investors to acquire shares because the resultant distribution of ownership among different groups can impact on managerial opportunism, which subsequently has implications for managerial behavior and corporate performance. This, they will monitor and check the management behaviour whenever necessary.

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Pikus, Ruslana, Nataliia Prykaziuk, and Mariia Balytska. "Financial sustainability management of the insurance company: case of Ukraine." Investment Management and Financial Innovations 15, no. 4 (November 27, 2018): 219–28. http://dx.doi.org/10.21511/imfi.15(4).2018.18.

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In the current conditions of the Ukrainian economy, which is characterized by crisis phenomena and frequent changes in legislation, the insurance organizations are facing a number of difficulties in maintaining their financial sustainability. Moreover, these processes take place under the increased requirements for solvency of insurers. However, a significant part of domestic insurance companies is financially unstable, which is conditioned not only by the lack of funds, but also by the low level of management. This situation hinders the further development of the insurance market in Ukraine and has a negative impact on all areas of the domestic financial system and prevents it from successful integration into the European financial field. In order to address this problem, it is necessary to distinguish the key groups of risks that affect the financial sustainability of insurance organizations, among which there are the following: insurance, strategic, market risk, risk of inefficient capital structure, risk of limiting the insurance company’s liquidity, tax risk, investment risk, operational risk, the risk of ineffective organizational structure of the enterprise, and information risk. It should be noted that under conditions of changing environment, the impact of these risks only increases, and therefore the task of minimizing the impact of these risks on the activities of insurance companies is highly important. Accordingly, the authors of the article proposed a four-stage strategy to manage the financial sustainability of the insurance company, the purpose of which is to identify the risks of limiting the insurer’s financial sustainability, their qualitative and quantitative assessment, as well as the development and implementation of appropriate measures to minimize and eliminate unacceptable consequences.

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Kuzmina, Jekaterina. "FINANCIAL SUSTAINABILITY OF HIGHER EDUCATION INSTITUTIONS." SOCIETY. INTEGRATION. EDUCATION. Proceedings of the International Scientific Conference 6 (May 28, 2021): 324–35. http://dx.doi.org/10.17770/sie2021vol6.6399.

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Since the beginning of the XXI century, there have been clear modifications in the sector of higher education, when the institutions have moved near to the economic sector. These changes were primary introduced as the consecutive response to the transformation processes within the society, which should be embedded in the following construct: there was a clear move towards a more competitive and market-based system. Due to the changes in the operating environment financial sustainability and its management for the higher education institutions became one of the core elements. The main objective of the current paper is to discuss the practical application of the methodology for the management of higher education institutions based on the example of Latvian private higher education institutions. The author would like to argue that the paper contributes to the fundamental discussion of financial sustainability in the field of higher education institution management. Moreover, it has got practical implications for the management of the organizations not only in Latvia but also in other countries when efficiency and effectiveness are primary issues.

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Hwang, Sewoong, and Jonghyuk Kim. "Toward a Chatbot for Financial Sustainability." Sustainability 13, no. 6 (March 13, 2021): 3173. http://dx.doi.org/10.3390/su13063173.

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This study examines technology effectiveness for industry demand in which artificial intelligence (AI) is applied in the financial sector. It summarizes prior studies on chatbot and customer service and investigates theories on acceptance attitudes for innovative technologies. By setting variables, the study examines bank revenue methodologically and assesses the impact of customer service and chatbot on bank revenues through customer age classification. The results indicate that new product-oriented funds or housing subscription savings are more suitable for purchase through customer service than through chatbot. However, services for existing products through chatbot positively affect banks’ net income. When classified by age, purchases by the majority age group in the channel positively affect bank profits. Finally, there is a tendency to process small banking transactions through the chatbot system, which saves transaction and management costs, positively affecting profits. Through empirical analysis, we first examine the effect of an AI-based chatbot system implemented to strengthen financial soundness and suggest policy alternatives. Second, we use banking data to increase the study’s real-life applicability and prove that problems in customer service can be solved through a chatbot system. Finally, we investigate how resistance to technology can be reduced and efficiently accommodated.

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Nord, G. "Financial sustainability analysis of industrial enterprises." Economic scope, no. 147 (July 4, 2019): 163–73. http://dx.doi.org/10.30838/p.es.2224.040719.163.556.

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Brandstätter, Claudia, Marina Schober, and Daniela Wilfinger. "Financial Sustainability in Austrian Industrial Companies." Tehnički glasnik 16, no. 3 (June 23, 2022): 432–37. http://dx.doi.org/10.31803/tg-20220504183611.

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The Green Deal published by the European Commission in 2019 pursues the goal of a climate-neutral continent. Its guidelines cover sustainable finance, industry, and energy supply, among other areas. Choosing sustainable investment and finance promotes the shift to a more carbon neutral, circular and environmentally conscious economy and underpins financial stability. Companies that want to remain competitive must embrace sustainable business practices. This means considering sustainable investments and corporate financing along the value chain. In this article, we will show which sustainable forms of financing are available to companies - analysing Austrian industrial companies. Furthermore, it will be worked out when investments are to be judged as sustainable and what kind of sustainable investments are made by the companies surveyed.

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Wilczyński, Artur. "Farm economic sustainability – financial ratio analysis." Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu 64, no. 2 (2020): 120–31. http://dx.doi.org/10.15611/pn.2020.2.10.

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Narula, Swati. "Achieving sustainability through financial literacy training." International Journal of Innovation and Sustainable Development 16, no. 2 (2022): 197. http://dx.doi.org/10.1504/ijisd.2022.121784.

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Narula, Swati. "Achieving sustainability through financial literacy training." International Journal of Innovation and Sustainable Development 16, no. 2 (2022): 197. http://dx.doi.org/10.1504/ijisd.2022.10044859.

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Stimpson, Jim P., Tao Li, Oyewale O. Shiyanbola, and Janelle J. Jacobson. "Financial Sustainability of Academic Health Centers." Academic Medicine 89, no. 6 (June 2014): 853–57. http://dx.doi.org/10.1097/acm.0000000000000252.

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Ristic, Kristijan, Stanislav Pantovic, Zeljka Gagovic, and Marko Brckalo. "FINANCIAL FOCUSING ON ECONOMIC DEVELOPMENT SUSTAINABILITY." MEST Journal 8, no. 1 (January 15, 2020): 93–100. http://dx.doi.org/10.12709/mest.08.08.01.11.

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Antonia García-Benau, M., Laura Sierra-Garcia, and Ana Zorio. "Financial crisis impact on sustainability reporting." Management Decision 51, no. 7 (August 2, 2013): 1528–42. http://dx.doi.org/10.1108/md-03-2013-0102.

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Stankevičienė, Jelena, and Marta Nikanorova. "Financial System Sustainability Assessment Model Creation." Trends Economics and Management 13, no. 33 (June 28, 2019): 87. http://dx.doi.org/10.13164/trends.2019.33.87.

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Conradie, Hennie F. "Non‐governmental organisations and financial sustainability." Development Southern Africa 16, no. 2 (June 1999): 291–97. http://dx.doi.org/10.1080/03768359908440078.

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Ayi Gavriel Ayayi and Maty Sene. "What drives microfinance institution's financial sustainability." Journal of Developing Areas 44, no. 1 (2010): 303–24. http://dx.doi.org/10.1353/jda.0.0093.

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Raftelis, George A. "Balancing financial sufficiency and community sustainability." Journal - American Water Works Association 103, no. 9 (September 2011): 56–59. http://dx.doi.org/10.1002/j.1551-8833.2011.tb11532.x.

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Journal articles on the topic 'Financial sustainability'

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