Short Description: An International, Open-Access, DOAJ indexed journal, publishing scholarly articles in finance, marketing, human resource, IT, along with manuscripts documenting Management-related Economics research data and analysis.
E-ISSN: 2469-4339
P-ISSN:
Publisher: HATASO - S2SynergyGlobal
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Address: Plot No. 15, Ground Floor, 3rd Cross, Balaji Nagar, Oulgaret
City: Puducherry
State: Puducherry
Country: India
ZIP: 605010
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Email: [email protected]
10.18639/MERJ.2022.9900073
Short Communication
Dec 31, 2022
Islamic Financial Services has been expanding all around the globe and has shown huge potential for developing economies. India, a developing economy, has shown less progress in Islamic Financial Services though there are several opportunities. The article examines the overview of the prospects of Islamic Financial Services in the Indian economy with a focus on regulations and conceptual understanding.
10.18639/MERJ.2022.1782409
Original Research Article
Dec 31, 2022
The objective of this study was to examine the relationship between liquidity and deposit insurance of Deposit-taking Microfinance Institutions (DTMFIs) in Low-Income Sub-Saharan Africa (LISSA). Several DTMFIs in the region defaulted in meeting withdrawals on deposits and collapsed with depositors’ funds. The failure of DTMFIs to be liquid has dire consequences such as contagion risk due to the sudden and unexpected deposit runs and oblivion of depositors’ funds, which further condemn the small savers into extreme poverty levels. Panel data from the Microfinance Information Exchange for the years 2006 to 2017 of 64 DTMFIs sampled across 18 LISSA countries was utilised. The estimated random effects results showed that explicit deposit insurance is positive and significantly related to liquidity. Additionally, the capital adequacy ratio and the Basel implementation dummy are positive and significant determinants of liquidity. The study concluded that designing and implementing explicit deposit insurance schemes mitigates liquidity risk in depository microfinance and maintaining adequate capital adequacy levels and implementation of Basel recommendations improves the liquidity positions of the LISSA DTMFIs. The study recommended formulation of deposit insurance policies that embrace microfinance deposits of all types and adherence to the Basel capital adequacy standards complements deposit protection in hedging liquidity risk.
10.18639/MERJ.2022.1716925
Original Research Article
Nov 21, 2022
Small, medium and micro enterprises (SMMEs) are recognized for promoting the livelihoods of the poor and for economic growth. The purpose of this study is to investigate how load-shedding affects the performance of SMMEs in the food industry in South Africa. The study was conducted in the Central Business District and Summerstrand areas in Gqeberha (formerly Port Elizabeth). The study is explorative and adopts a qualitative research design. The study population was made up of SMMEs owners in the food industry, with paid employees ranging from 5 to 200 people in the Central Business District and Summerstrand areas within Gqeberha (formerly Port Elizabeth). The purposive sampling method was utilized to select the study participants. The study revealed that load-shedding affected the capacity of SMMEs to provide quality products and services to their customers. To mitigate the effect of power outages, SMMEs adopted alternative power sources like backup generators and adjusted their operations to keep their businesses running. Also, the study confirmed that planned load-shedding enables SMMEs to plan and alleviate the effects of load-shedding. The study concluded that load-shedding disrupts the activities of SMMEs, which impedes customer satisfaction, leading to poor business performance.
