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Article
Publication date: 1 February 1998

Timur Sinuraya

There is an opinion among decision makers in Western Europe that as far as the ‘Russian organised crime’ problem is concerned it will be largely restricted to Russia and that the…

Abstract

There is an opinion among decision makers in Western Europe that as far as the ‘Russian organised crime’ problem is concerned it will be largely restricted to Russia and that the real threat to Western Europe will be minimal. The truth is that it is in Russia where the problem has to be attacked in order to limit its impact on Western Europe.

Details

Journal of Financial Crime, vol. 5 no. 4
Type: Research Article
ISSN: 1359-0790

Article
Publication date: 1 January 1997

Timur Sinuraya

The development of organised crime in today's Russia is, first of all, a study of its powers. These powers are not a fixed form of dominion but a constantly shifting, dynamic…

Abstract

The development of organised crime in today's Russia is, first of all, a study of its powers. These powers are not a fixed form of dominion but a constantly shifting, dynamic series of elements used and manipulated in ways ranging from the most primitive physical intimidation and force to the most subtle and sophisticated methods. It is becoming more obvious that of all elements of organised crime powers the greatest threat now and for the future comes from the immense financial resources available to organised crime in Russia. This paper focuses primarily on the problem of integration of criminally accumulated capital which is coming from the Russian Federation into West European markets. The author poses an objective to identify the problem and the factors which facilitate and inhibit the infiltration of organised crime from Russia into Western Europe, indicating possible implications and trends. In particular attention is given to the problem of the so‐called illegal flight of capital, which goes mainly to Western Europe. Furthermore, for the creation and recycling of their financial resources organised crime has to use the conventional banking system inside and outside of Russia, in particular Western Europe, as well as other methods. Therefore, the problem of organised crime in Russia's banking industry and its internationalisation into the European financial services industry have been explored.

Details

Journal of Money Laundering Control, vol. 1 no. 1
Type: Research Article
ISSN: 1368-5201

Article
Publication date: 1 March 1999

Timur Sinuraya

The Russian Government is not only corrupt — it is a thief which steals money from its own citizens by imposing taxes, hard currency regulations and custom duties. Therefore the…

Abstract

The Russian Government is not only corrupt — it is a thief which steals money from its own citizens by imposing taxes, hard currency regulations and custom duties. Therefore the money which is made in Russia should be moved to safe places abroad. This is the, rather simplified, reasoning of the economic criminal, yet it carries some very serious consequences. The phenomenon of illegal capital flight was probably one of the major factors of the current economic crisis in Russia. Russian experts point out that the main flow of illegal capital from Russia is channelled through the so‐called offshore companies and accounts. This paper will look at the legality of business practices relating to the increase in off‐shore assets by Russian investors in regard to the major problem of government revenue collection in Russia.

Details

Journal of Financial Crime, vol. 7 no. 1
Type: Research Article
ISSN: 1359-0790

Article
Publication date: 10 May 2023

Zainal Abidin, Wiwiek Rabiatul Adawiyah, Intan Shaferi and Akhmad Sodiq

Despite extensive research on supply chain management (SCM), the literature lacks a perspective to empirically assess the importance of poverty alleviation in social business…

Abstract

Purpose

Despite extensive research on supply chain management (SCM), the literature lacks a perspective to empirically assess the importance of poverty alleviation in social business. Using resources dependence theory, the purpose of this study is to analyze to ascertain whether financial innovation has a powerful solution for business sustainability and, hence, poverty alleviation in developing countries. This study reviews the financial innovations offered by Dompet Dhuafa Republika in integrated supply chain management (ISCM) of smallholder livestock business through Tebar Hewan Kurban (Spreading Sacrificial Animals) program to overcome capital and marketing problems at the farmer level and distribute Qurban meat to the recipients.

Design/methodology/approach

This study was conducted using descriptive qualitative method. The data were obtained through a field survey, by interviewing two crowdfunding-based investment companies, 250 partner farmers, program managers and assistants, marketing partners, donors/consumers/person who sacrifice and Mustahik (recipients of Qurban meat) involved in program implementation, using purposive sampling method. Focus group discussion was conducted with selected panelists to validate the results of the field survey.

Findings

The results of this study showed that the Tebar Hewan Kurban program provides greater benefits to farmers, while increasing the distribution of Qurban meat to be more equitable. The role of moneylenders and middlemen can also be eliminated. Donors feel satisfied because their goals are fulfilled in the Qurban ritual. Program implementers and investors also got decent returns. ISCM is very feasible to be developed on a wider scale, to improve the welfare of farmers or fishermen.

Research limitations/implications

This study used a set of samples of the assisted areas from only one institution, which may lead to institution-specific results. Although the sample is small, the results of this study are expected to provide new insights into the implementation of the Qurban, which will provide more profits and benefits for partner farmers. In broader practice, the program flow is worth considering compared to similar programs in other institutions, in Indonesia or abroad. Because of the COVID-19 pandemic situation, the field survey and focus group discussion were carried out online.

Practical implications

The results show that ISCM is able to increase the income of farmers. Practically, this program can be duplicated in similar institutions, as well as in government or non-government organizations, in Indonesia and abroad, that have the same context and activity.

Social implications

This study offers several social contributions by exploring how and why ISCM can eliminate the role of moneylenders and middlemen, increasing the small farmers' income, providing reasonable profits to parties involved in marketing and satisfying donors and equitable distribution of Qurban meat.

Originality/value

This study contributes to the literature by confirming the higher impact of ISCM in social business on poverty alleviation. Therefore, this paper provides an alternative solution to increase the income of small farmers through the supply of animals for Qurban or other religious rituals through ISCM arrangements.

Details

Journal of Islamic Accounting and Business Research, vol. 15 no. 2
Type: Research Article
ISSN: 1759-0817

Keywords

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