Journal of Finance and Accounting

Volume 9, Issue 3, May 2021

  • The Impact of Monetary Policy on Assets Management of Deposit Money Banks in Nigeria

    Olofinlade Samuel Oluwapelumi, Aremu Olusegun Samuel, Ogunwole Cecilia Oluwakemi Aina

    Issue: Volume 9, Issue 3, May 2021
    Pages: 60-66
    Received: 15 February 2021
    Accepted: 2 March 2021
    Published: 14 May 2021
    Downloads:
    Views:
    Abstract: The study investigated the impact of monetary policy on assets management of banks in Nigeria which has been an issue that has gained momentum among scholars of repute. Different relevant empirical reviews were carried out. The study specifically addressed the effect of monetary policy rate, liquidity rate and cash reserve requirement on banks asse... Show More
  • Analysis and Research on Factor Differences in Abnormal Conditions of Indicators

    Liu Yun, Shuping Luo, Xiaoyun Zhang

    Issue: Volume 9, Issue 3, May 2021
    Pages: 67-79
    Received: 28 April 2021
    Published: 24 May 2021
    Downloads:
    Views:
    Abstract: In factor variance analysis, the index values of the reporting period and the base period usually appear in the following five situations: the reporting period and the base period are both positive; the reporting period is positive, and the base period is negative; the reporting period is negative, and the base period is positive; Both the reportin... Show More
  • Innovative Thinking on Development of Internal Audit of Commercial Banks in the New Era

    Li Jinmao

    Issue: Volume 9, Issue 3, May 2021
    Pages: 80-86
    Received: 22 February 2020
    Accepted: 1 April 2020
    Published: 26 May 2021
    Downloads:
    Views:
    Abstract: In the new era, Internal audit of Commercial Banks is facing more risk challenges, This paper analyze the difficulties and shortcomings encountered by internal audit in the process of innovation development, On the one hand, Internal audit function is facing unprecedented challenges, with arising business involvement and regional cooperation, cross... Show More
  • A New Measurement of Systemic Risk in China's Banking System

    Yong Li, Hulin Zhao

    Issue: Volume 9, Issue 3, May 2021
    Pages: 87-92
    Received: 20 April 2021
    Accepted: 4 June 2021
    Published: 10 June 2021
    Downloads:
    Views:
    Abstract: At present, the measurement of systemic risk is still a worldwide challenge. The complex network theory provides a new perspective for the study of this problem. Based on the correlation coefficient between the banks calculated using their default probabilities, this paper builds China's banking networks for the periods of 2008-2019, and analyzes s... Show More
  • Share Pledging and Corporate Default Risk: Evidence from the Chinese Stock Market

    Hongmei Xu

    Issue: Volume 9, Issue 3, May 2021
    Pages: 93-100
    Received: 29 March 2021
    Accepted: 17 May 2021
    Published: 21 June 2021
    Downloads:
    Views:
    Abstract: In this paper, we assess the economic impact of share pledging by focusing on corporate debt default risk, the most disruptive events in the life of a corporation. Using Instrumental Variables and a regulatory change that increasing the possibility of share pledging as a quasi-exogenous shock, we establish that increased share pledging decreases co... Show More
  • Accounting Software in Computerized Business Environment and Quality of Corporate Reporting

    Omotilewa Oluwatoyin Olufemi, Adegbie Folajimi Festus, Adesola Munir Adekunle

    Issue: Volume 9, Issue 3, May 2021
    Pages: 101-110
    Received: 22 April 2021
    Accepted: 29 May 2021
    Published: 21 June 2021
    Downloads:
    Views:
    Abstract: The basic objective of financial reporting is provision of information useful for assessing a company performance and prospect. Low quality financial reporting contains inaccurate, misleading information that may result in losses and reduced confidence in corporate governance mechanism. Emerging globalization requires business entities to develop m... Show More