in the past few decades, capitalist economic system has witnessed different financial crises the most important of which is the 2008 financial crisis. the crisis had different causes that the main causes are innovations and financial assets without actual backing (real underlying asset) and their developing by financial institutions. namely, financial institutions, especially banks, developed t...

Tujuan dari penelitian ini adalah untuk menguji pengaruh Financial Knowledge, Attitude, dan Risk Tolerance terhadap Satisfaction. Sampel pada pengguna fintech yang sudah memiliki pendapatan di Jakarta. dipilih dengan metode convenience sampling berjumlah 174 responden menyebarkan kuesioner online. Teknik analisis data digunakan structural equation modeling dibantu bantuan program SmartPLS.3.2.2...

Household financial behavior is a crucial topic to study because it determines the family's economic well-being. This examines effect of literacy, attitudes, experience, and income on household behavior. The object this research family finance manager in Sidoarjo City, East Java. data collection technique using an online survey. Sample selection was done by purposive sampling technique. sample ...

It is understandable that people ask how the current financial crisis could happen. As the market actors appear irrational, it is also understandable that people—lay people and experts alike—believe that psychological factors play a decisive role. Is there evidence for such a role, and what is the evidence? This monograph reviews, evaluates, and discusses research—primarily psychological resear...

Non-financial performance measures are often used for performance evaluation. They are especially relevant if the available financial performance measures not completely reflect the manager’s contribution to the firm’s total value. Then, non-financial performance measures serve as an indicator for the firm’s long-term performance and may therefore be included in incentive contracts. In the pape...

We provide a comprehensive review of firms’ financing channels (internal and external, domestic and international) around the globe, with the focus on alternative finance—financing from all the nonmarket, non-bank external sources. We argue that while traditional financing channels, including financial markets and banks, provide significant sources of funds for firms in developed countries, alt...

In this article we review the literature on financial literacy, financial education, and consumer financial outcomes. We consider how financial literacy is measured in the current literature, and examine how well the existing literature addresses whether financial education improves financial literacy or personal financial outcomes. We discuss the extent to which a competitive market provides i...

Current practice largely follows restrictive approaches to market risk measurement, such as historical simulation or RiskMetrics. In contrast, we propose flexible methods that exploit recent developments in financial econometrics and are likely to produce more accurate risk assessments, treating both portfoliolevel and asset-level analysis. Asset-level analysis is particularly challenging becau...

This paper analyzes the relationship between international financial integration and economic growth. Recent literature, surveyed in this paper, emphasizes the role of financial deepening on economic growth. Less attention has been paid, however, to the role of international financial integration in promoting a deep domestic financial market and through that channel fostering economic growth. F...