Search results

1 – 10 of 16
Click here to view access options
Article
Publication date: 17 September 2019

Bayu Arie Fianto, Christopher Gan and Baiding Hu

The purpose of this paper is to investigate factors that determine rural households’ access to finance provided by Islamic microfinance institutions (MFIs) in Indonesia.

Abstract

Purpose

The purpose of this paper is to investigate factors that determine rural households’ access to finance provided by Islamic microfinance institutions (MFIs) in Indonesia.

Design/methodology/approach

A two-year panel data set with logistic regression is used to identify the determinants of access to finance by rural households. The study sample comprises of 289 Islamic MFIs’ clients and 140 non-clients from East Java, Indonesia. The clients consist of 111 rural households with profit and loss sharing (PLS) schemes, 162 clients with non-profit and loss sharing (non-PLS) schemes and 16 clients with both schemes.

Findings

The empirical results show that age, gender and income influence rural households to access finance provided by Islamic MFIs. The results show an increase in age and income increase the respondents’ likelihood to access finance. Further, male respondents are more likely to access finance from Islamic MFIs than females.

Research limitations/implications

The empirical analysis is limited to data obtained from East Java province in Indonesia, and other provinces may show different results. However, this study is among the few studies that investigate access to finance from Islamic MFIs based on PLS and non-PLS schemes.

Originality/value

The novelty of this study lies in the unique financing accessibility between PLS and non-PLS schemes in Islamic MFIs. This study will be an important addition to the emerging literature on Islamic microfinance.

Details

Agricultural Finance Review, vol. 79 no. 5
Type: Research Article
ISSN: 0002-1466

Keywords

Click here to view access options
Article
Publication date: 11 June 2018

Michael Daniel Clemes, Zurinawati Mohi, Xuedong Li and Baiding Hu

The purpose of this paper is to develop and test a comprehensive hierarchical model of the interrelationships among five higher order marketing constructs (service…

Downloads
1317

Abstract

Purpose

The purpose of this paper is to develop and test a comprehensive hierarchical model of the interrelationships among five higher order marketing constructs (service quality, customer satisfaction, perceived value, restaurant image and behavioural intentions) for moderate upscale restaurants in Malaysia. A third order conceptualisation of service quality is also included in the empirical analysis.

Design/methodology/approach

The data were analysed using exploratory factor analysis, confirmatory factor analysis and structural equations.

Findings

Service quality, customer satisfaction and restaurant image all have a strong, positive impact on the behavioural intentions of moderate upscale restaurant patrons. Service quality, perceived value and restaurant image are also important determinants of customer satisfaction. Behavioural intentions to re-patronise a restaurant and recommend it to friends are influenced more strongly by restaurant image than by customer satisfaction. Three primary dimensions and ten pertaining sub-dimensions are modelled in the third order conceptualisation of service quality. The primary and sub-dimensions also vary in importance amongst the customers in the sampling frame.

Originality/value

This is the first empirical research that develops and tests a comprehensive hierarchical model for moderate upscale restaurants to provide a complete and integrative analysis of a service setting. The interrelationships among service quality, customer satisfaction, perceived value restaurant image and behavioural intentions are assessed. A third order conceptualisations of service quality is also included in the modelling framework.

Details

Asia Pacific Journal of Marketing and Logistics, vol. 30 no. 3
Type: Research Article
ISSN: 1355-5855

Keywords

Click here to view access options
Article
Publication date: 27 July 2020

Ha Thi Thuy Nong, Christopher Gan and Baiding Hu

This study analyses climate change vulnerability and adaptation in a northern province in Vietnam from the gender perspective.

Abstract

Purpose

This study analyses climate change vulnerability and adaptation in a northern province in Vietnam from the gender perspective.

Design/methodology/approach

A survey questionnaire was used to collect data for the study. The Livelihood Vulnerability Index (LVI) was calculated for 134 female and 239 male-headed households. Descriptive statistics were synthesized to investigate climate change adaptation from the gender perspective.

Findings

The results show that the LVI of female-headed households is higher than male-headed households, but the variation is negligible. In addition, female and male farmers in the study area use different methods to adapt to climate change. Female farmers have critically contributed to the family workforce and climate change adaptation. Nevertheless, female farmers have less accessibility to agricultural services such as training and credit.

Research limitations/implications

The study suggests that gendered interventions for improvement of livelihood to adapt to climate change should be developed for each aspect of the livelihood. Furthermore, enhancement of services for women and recognition of women's roles in responding to climate change would contribute to more active adaptation to climate change.

Originality/value

Studies on climate change from the gender perspective in Vietnam have been conducted on a limited scale. Particularly, there are very limited studies on climate change in association with gender issue in North Vietnam. Thus, this study will provide more insights into the gender dimension of climate change vulnerability and adaptation so that gender-based adaptation strategies can be developed.

Details

International Journal of Social Economics, vol. 47 no. 8
Type: Research Article
ISSN: 0306-8293

Keywords

Click here to view access options
Article
Publication date: 5 December 2017

Chao Bian, Christopher Gan, Zhaohua Li and Baiding Hu

The purpose of this paper is to examine the effects of chief executive officer (CEO) vega on firm policies in the Australian share market based on a panel data set drawn…

Abstract

Purpose

The purpose of this paper is to examine the effects of chief executive officer (CEO) vega on firm policies in the Australian share market based on a panel data set drawn from the 137 Australian public firms for the period 2003-2012.

Design/methodology/approach

To allow mutual causation between our variables, the authors use the two-stage least squares estimation method, controlling for firm fixed effects. The authors use the difference-in-differences model to test whether the 2009 Australian tax reforms may discourage high-vega CEOs to take value-enhancing risks.

Findings

The authors find the evidence that vega induces CEOs to adopt the riskier financial policy in the Australian capital market. This evidence is further supported by the negative association between vega and firm conservative activities including cash and hedging policies. Further, the result shows that the 2009 tax reforms reduce the CEOs’ willingness to engage in risky financial policy. This finding implies that regulators may restore the 2009 reforms’ “deferred tax point” back to its pre-2009 form.

Originality/value

Based on the study’s results, firms should grant CEOs more out-of-the money options with a longer time to expiration to offset the 2009 tax reforms’ negative impact on the CEO’s incentive to take value-enhancing risks.

Details

International Journal of Managerial Finance, vol. 14 no. 1
Type: Research Article
ISSN: 1743-9132

Keywords

Click here to view access options
Article
Publication date: 3 October 2016

Christopher E.C. Gan, David A. Cohen, Baiding Hu, Minh Chau Tran, Weikang Dong and Annie Wang

The purpose of this paper is to investigate the impact that several of these factors have on a consumer’s decision to hold a credit card, as well as those involved in…

Downloads
1508

Abstract

Purpose

The purpose of this paper is to investigate the impact that several of these factors have on a consumer’s decision to hold a credit card, as well as those involved in determining the level of credit card limit.

Design/methodology/approach

Potential explanatory variables were identified in the literature, then used to build a binary logit model to test the impact of the card and consumer characteristics on credit card ownership. Data were collected via a structured interview of 409 consumers living in Hebei Province, China.

Findings

The results indicate that convenience in use, level of credit card interest rates, the application process, number of people in the household, a rewards programme, marital status, credit limit and age influence the likelihood of the respondent holding a credit card. Further, an anaylsis shows that the number of credit cards held, duration of holding a credit card, monthly credit card purchasing volume and having a degree at the tertiary level, are significantly and positively related to different levels of credit limit.

Originality/value

In summary, in order to attract more consumers to credit card use, the banks and credit card companies should consider making it more convenient for consumers to use their credit cards. Moreover, banks can increase their networking and degree of cooperation with merchants to increase the acceptance of payment by credit card. The most heavily used businesses such as supermarkets and smaller retailers, where consumers purchase goods frequently, would be good targets for banks’ attention. In addition, banks might also improve credit card reward programmes to make these more efficient and perhaps increase the size of the rewards customers can earn through card use.

Details

International Journal of Bank Marketing, vol. 34 no. 7
Type: Research Article
ISSN: 0265-2323

Keywords

Click here to view access options
Article
Publication date: 1 January 2014

Christopher Gan, Baiding Hu, Cindy Gao, Betty Kao and David A. Cohen

This paper seeks to investigate the impact of socioeconomic factors of homebuyers such as gender, age, marital status, education, economic status and race on home…

Abstract

Purpose

This paper seeks to investigate the impact of socioeconomic factors of homebuyers such as gender, age, marital status, education, economic status and race on home ownership and loan decisions in urban China.

Design/methodology/approach

This paper employs logistic regression to investigate the socioeconomic factors affecting the consumers' house purchase decision in urban China and the factors affecting the housing loan application.

Findings

Using a structured questionnaire to collect relevant data from household residents (both homeowners and non-home owners) in Nanjing in 2010, the findings document that male respondents who are non-minorities and have higher levels of education are more likely to purchase a house. The results also show that race, educational attainment, size of household and credit card ownership are significantly related to rejection for a housing loan.

Research limitations/implications

The findings in this paper provide homebuyers with a better understanding of factors affecting the housing loans and their decision to purchase a house. Homebuyers can accurately assess their financial ability and improve the use of their credit to purchase a house. In addition, Chinese homebuyers should be encouraged to save since savings serve as a step in building their credit worthiness; therefore, their accessibility to housing loans can be improved and the rate of homeownership will be increased as well.

Originality/value

This research would benefit both lender and borrowers. The research findings provide banks with a better understanding of homebuyers' characteristics that influence their accessibilities to housing loans. Homeownership requires affordable housing financing. Banks should consider repackaging their home loan products to make them more attractive to those with limited means. Such products should focus on making loans more affordable in real terms. First-time homebuyers are almost always young and earn low incomes.

Details

Journal of Asia Business Studies, vol. 8 no. 1
Type: Research Article
ISSN: 1558-7894

Keywords

Click here to view access options
Article
Publication date: 8 August 2016

Minh Chau Tran, Christopher E.C. Gan and Baiding Hu

– The purpose of this paper is to identify factors affecting formal credit constraint status of rural farm households in Vietnam’s North Central Coast (NCC) region.

Abstract

Purpose

The purpose of this paper is to identify factors affecting formal credit constraint status of rural farm households in Vietnam’s North Central Coast (NCC) region.

Design/methodology/approach

Using the direct elicitation method (DEM), the authors consider both internal and external credit rationing.

Findings

Empirical evidences confirm the importance of household head’s age, gender and education to household’s likelihood of being credit constrained. In addition, households who have advantages in farm land size, labour resources and non-farm income are less likely to be credit constrained. Poor households are observed to remain restricted by formal credit institutions. Results from the endogenous switching regression model suggest that credit constraints negatively impact household’s consumption per capita and informal credit can act as a substitute to mitigate the negative influence of formal credit constraints.

Research limitations/implications

One limitation arises from the usage of the DEM to identify credit constrained households. The method cannot detect effective and ineffective constraints. Another limitation is the inability of cross-section data to capture long-term impacts of credit constraints on household welfare. Finally, causes of credit constraints from the lender’s view cannot be observed.

Practical implications

The results suggest that it is necessary to enhance the credit allocation regime to reduce the transaction cost and provide target households with sufficient credit. It should be emphasized that high transaction cost and the mismatch between credit demand and supply stemming from information asymmetry. The government can help formal financial institutions to reduce information cost by encouraging the active role of social organizations such as Women Unions, Youth Unions and Veteran Unions in bridging rural farm households with formal lenders.

Originality/value

There are limited studies focusing on determinants of credit constraints and their impacts on rural farm households. To the best of the knowledge, there is no study evaluating the impact of credit constraints on rural farm household welfare particularly in Vietnam. In addition, the studies related to credit constraints only considered full quantity rationing (households applied for the loan but were rejected), omitting the case of partly quantity rationing (loan obtained by the borrowers is less than their demand) and self-rationing.

Details

International Journal of Social Economics, vol. 43 no. 8
Type: Research Article
ISSN: 0306-8293

Keywords

Click here to view access options
Article
Publication date: 19 April 2013

Sidney Weil, Nicholas McGuigan, Thomas Kern and Baiding Hu

This study aims to examine students' perceptions of the use of asynchronous discussion forums to facilitate case‐based learning in financial accounting, measuring whether…

Downloads
1028

Abstract

Purpose

This study aims to examine students' perceptions of the use of asynchronous discussion forums to facilitate case‐based learning in financial accounting, measuring whether students' perceptions of the benefits of using online discussion forums are related to – and can be predicted from – students' demographic profiles. The paper commences by briefly reviewing the case study‐based learning literature, followed by an in‐depth review of the use of asynchronous discussion forums as a delivery platform. These pedagogical approaches are then linked to the emerging needs and learning styles of the current generation of “digital” students.

Design/methodology/approach

The study, which is questionnaire‐based, uses data collected from two New Zealand universities. A choice modelling approach is used to analyse the data in order to correlate students' preferences for online discussion forum usage with their profiles.

Findings

The findings of the study indicate that students perceive numerous benefits to be associated with case‐based online discussions, including learning from other students' opinions and perspectives, the opportunity to debate issues critically, encouragement to think independently, a heightened awareness of their communication ability and assisting them to revise prior‐held views of accounting. These findings, supported by students' comments, suggest that the use of asynchronous discussion forums has created a social discourse of learning, assisting in the construction of a community of practice in financial accounting. The choice modelling analysis of the results indicates that the students most likely to be positively disposed towards discussion groups are older, male, domestic students, who have English as a first language. Of the international student respondents, Asian students perceive the forum as being most useful.

Originality/value

The study provides evidence that accounting students perceive value from the use of asynchronous discussion forums. Furthermore, the choice modelling identifies which particular groups of students may benefit most from the use of online discussion forums. The findings suggest that accounting educators may gainfully employ this learning technique in their courses as a means of developing critical thinking skills, building a heightened awareness of the student's ability to communicate and enhancing overall student engagement and participation in course work.

Click here to view access options
Article
Publication date: 1 November 1994

Nagen N. Nagarur, Tai‐san Hu and Nirmal K. Baid

Describes the design and analysis of a computer‐based information systemfor inventory management in a computer service company. Studies theexisting manual system for…

Downloads
3709

Abstract

Describes the design and analysis of a computer‐based information system for inventory management in a computer service company. Studies the existing manual system for possible adaptation and necessary modifications and identifies the requirements of the users and the components of the system. To facilitate control, the parts are classified into four categories. Various quantitative models for demand forecast, economic order quantity, and safety stock are considered, and for each part type, an appropriate set of models is used depending on the relative importance of its category. The information system so designed is implemented in a modular form. The database for this application is implemented in dBASE III PLUS while the control programs are written in CLIPPER tools. Extensive user interface is provided for user‐friendliness.

Details

Industrial Management & Data Systems, vol. 94 no. 9
Type: Research Article
ISSN: 0263-5577

Keywords

Click here to view access options
Article
Publication date: 1 September 1999

Leonard Fortuin and Harry Martin

Service parts are needed for maintenance of industrial systems as well as for consumer products. Their logistics has an inherent difficulty: common models for inventory…

Downloads
3671

Abstract

Service parts are needed for maintenance of industrial systems as well as for consumer products. Their logistics has an inherent difficulty: common models for inventory management are invalid, as the demand process is different and demand data scarce. The paper discusses experiences gained in case studies of practical stock control techniques. New concepts aimed to reduce the problem of slow moving parts are described, for example: suppliers leasing service parts; standardisation of parts for the group of machines in a factory or over a complete sector of industry; a “broker” between suppliers and customers who makes the service parts inventories transparent and facilitates pooling of parts.

Details

International Journal of Operations & Production Management, vol. 19 no. 9
Type: Research Article
ISSN: 0144-3577

Keywords

1 – 10 of 16