Abstract: Nowadays, the critical role of information in global markets is inevitable. This importance is much stronger especially in the fields of finance and credit. Because of the expansion of private banks and ceding the shares of many state banks to the private sector, and due to the hasty deployment of electronic systems in these banks, the health of financial activities in the market, to a great extent, depends on the correct performance of information security systems in electronic sections. Launching information security systems is a costly activity which is associated with financial resources and information security. Hence, the factors that lead to higher effectiveness in this process should be identified. This study is an attempt to identify such factors. The reviews resulted in identification of 39 preliminary variables in the form of a questionnaire which was distributed to 131 branch managers of private banks in Tehran, Iran. Convergent validity and composite reliability combined with Cronbach's alpha coefficient were used to evaluate the questionnaire, which all supported the validity and reliability of the questionnaire. The results indicated that these factors had the highest priority: presence of regulatory and appropriate processes, availability of key performance indicators, controlling viruses, etc. Furthermore, the confirmatory factor analysis revealed that there are four infrastructural groups, the most important of which is the group of financial factors. Finally, the correlation between these structures was examined. Confirmatory factor analysis was done by PLS (2β) software, and demographic and Friedman analyses were performed by SPSS (20) software.Abstract: Nowadays, the critical role of information in global markets is inevitable. This importance is much stronger especially in the fields of finance and credit. Because of the expansion of private banks and ceding the shares of many state banks to the private sector, and due to the hasty deployment of electronic systems in these banks, the health of fi...Show More
Marcus Garvey Orji,Sunday Alewo Omale,Chima Kate,Jeresa Solomon
Issue:
Volume 2, Issue 4, December 2016
Pages:
38-45
Received:
31 October 2016
Accepted:
25 November 2016
Published:
29 December 2016
DOI:
10.11648/j.ajtab.20160204.12
Downloads:
Views:
Abstract: The main aim of managing cash effectively in banks is geared towards enhancing an optimal balance between liquidity and profitability. This is done through the provision of loans and advances in the investment of excess funds to generate income otherwise known as profit. This research study has the objective of assessing liquidity and profitability as a tool for an effective cash management of Nigerian commercial banks with emphasis on first bank of Nigeria plc. The study is a survey research. Primary and secondary data were applied and formulated hypotheses tested using Chi-square derived from Kendal coefficient of concordance. The findings of the study revealed that that there is a relationship between effective cash management and profitability in Nigerian commercial Banks, There is also a relationship between effective cash management and liquidity in First Bank Plc, that First bank’s technique of cash management reduces risks and First Bank’s staff have adequate training in cash management because management of cash is very important to the bank The study recommends that in order to guide against unforeseen circumstances which would have adverse effect on a bank, Care must be taken in the employment of staff in the treasury department. Therefore qualified professionals would be most appropriate in order to carry out good bargaining, better portfolio measurement which makes proper proposal and hence strike acceptable level of cash.Abstract: The main aim of managing cash effectively in banks is geared towards enhancing an optimal balance between liquidity and profitability. This is done through the provision of loans and advances in the investment of excess funds to generate income otherwise known as profit. This research study has the objective of assessing liquidity and profitability...Show More
Abstract: The strategy of income diversification has significant implication on the food security status of the rural farming households in Bangladesh. Income diversification has been identified as essential strategy for raising income and reducing rural poverty. The level and type of income diversification depends on the accessibility and availability of different income sources. Similarly the status of food security depends on average Kcal per day consumed by all members of a household. This paper examines the impact of income diversification on food security status of the rural farming households in Rajshahi district. For this purpose a survey was conducted in district Rajshahi of Northern Bangladesh covering three Upazilas with 138 households. The Simpson Index of Diversity (SID), Food Security Index and Binary Logistic Regression model are employed to analyze the data. To estimate the model data has been collected from sample households from three upazilas – Puthia, Paba and Mohonpur. The Simpson Index of Diversity (SID) is used to measure the extent of income diversification and the Food Security Index is used to measure the household food security status. The results of SID revealed that diversification of income sources (SID = 0.25) is very low and the value of the food security index is 0 to 1. It is also found that the mean value of FSI is 0.91 for the food insecure households whereas 1.06 is the mean value of FSI of food secure households. Three factors are found to be statistically significant which are age of household head, educational status of household and household size. The analysis found that income diversification has positive but insignificant impact on household food security status in the study area. Finally, the obtained results have important policy implications which imply that programs targeted to engage people in other income generating activities would augment their income sources which are made to increase the food security status of household level in Bangladesh.Abstract: The strategy of income diversification has significant implication on the food security status of the rural farming households in Bangladesh. Income diversification has been identified as essential strategy for raising income and reducing rural poverty. The level and type of income diversification depends on the accessibility and availability of di...Show More
