Template-Type: ReDIF-Paper 1.0
Author-Name: OMOBOLA AJAYI
Author-Name-First: OMOBOLA
Author-Name-Last: AJAYI
Author-Email: omobola.ajayi@eksu.edu.ng
Author-Workplace-Name: DEPARTMENT OF BUSINESS ADMINISTRATION, EKITI STATE UNIVERSITY
Author-Name: OLUWABUNMI AWOKOYA
Author-Name-First: OLUWABUNMI
Author-Name-Last: AWOKOYA
Author-Email: oluwabunmi.awokoya@eksu.edu.ng
Author-Workplace-Name: DEPARTMENT OF BUSINESS ADMINISTRATION, EKITI STATE UNIVERSITY
Title: The Implication of  Content Marketing on Brand Awareness And Brand Engagement among Female Students in Ekiti State University, Nigeria
Abstract: The study examined the role of content marketing in building brand awareness and engagement. Specifically, the descriptive survey research design method was adopted for the study. The population of the study comprised of female students in Ekiti State University. A total of 365 copies of the questionnaire were disseminated to the respondents.  The data were collated and analyzed using the multinomial logistic regression analysis. The research findings showed that all aspects of content marketing used in the study have a significant relationship in engaging customers and creating awareness about the brand. Hence, based on findings, it is recommended that brands should constantly review information about their products and services to see how customers engage with them and be aware of their brand, it will help  to know where, when, and how to improve on content marketing strategies, brands should constantly and effectively carry out their market research to understand what their customers need about their products, either through content marketers or going directly to their customers, brands after gathering the necessary data from their customers should carry out a concrete and relevant analysis and interpretation to make effective marketing decisions, brands should reach a decision based on organisational marketing goals through constant research, record keeping, good understanding of data, and lots more, to gain more customer engagement and awareness which will trigger patronage.
Length: 16 pages
Creation-Date: 0000-00
Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, London, Nov -0001, pages 1-16
File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-london-2025/table-of-content/detail?cid=151&iid=001&rid=16648
File-Function: First version, 0000
Number: 15116648
Classification-JEL: M31
Keywords: Content marketing, Brand awareness, Brand Engagement and Patronage
Handle: RePEc:sek:iefpro:15116648
Template-Type: ReDIF-Paper 1.0
Author-Name: AWOLAJA AYODEJI MUYIDEEN
Author-Name-First: AWOLAJA
Author-Name-Last: AYODEJI MUYIDEEN
Author-Email: ayodeji.awolaja@eksu.edu.ng
Author-Workplace-Name: EKITI STATE UNIVERSITY, ADO-EKITI
Author-Name: AJAYI IBIDOLAPO EZEKIEL
Author-Name-First: AJAYI
Author-Name-Last: IBIDOLAPO EZEKIEL
Author-Email: ajayi.ibidolapo@eksu.edu.ng
Author-Workplace-Name: EKITI STATE UNIVERSITY, ADO-EKITI
Author-Name: OSASONA ADEDEJI VISCKER
Author-Name-First: OSASONA
Author-Name-Last: ADEDEJI VISCKER
Author-Email: vonic76@yahoo.com
Author-Workplace-Name: EKITI STATE UNIVERSITY, ADO-EKITI
Author-Name: OSASONA ADEDEJI VISCKER
Author-Name-First: OSASONA
Author-Name-Last: ADEDEJI VISCKER
Author-Email: adedeji.osasona@eksu.edu.ng
Author-Workplace-Name: EKITI STATE UNIVERSITY, ADO-EKITI
Title: MANAGERIAL EFFICIENCY AND PROFITABILITY OF DEPOSIT MONEY BANKS IN NIGERIA
Abstract: This article investigated the relationship between managerial efficiency and profitability in Deposit Money Banks in Nigeria, focusing on the period from 2014 to 2023. Employing an ex-post facto design, the research analyzed historical data from the audited financial statements of a purposively selected sample of 10 listed banks. This methodology allows for an objective examination of how managerial efficiency impacts profitability metrics such as return on investment (ROI) and return on assets (ROA). The analysis incorporated descriptive statistics, correlation analysis, panel regression, and ANOVA to assess the efficiency-profitability dynamics within the sector. The findings revealed a significant positive relationship between the loan-to-deposit ratio (LDR) and the financial performance of Deposit Money Banks, with a coefficient of 0.6877 (p=0.000<0.05). Additionally, the findings indicated notable variation in both the managerial efficiency and return on investment across the sampled banks. These results underscore the importance of effective managerial practices in enhancing profitability within the Nigerian banking sector. Ultimately, the research concludes that a higher LDR positively influences the financial performance of Deposit Money Banks in Nigeria, suggesting that optimizing the allocation of deposits toward loans is a viable strategy for improving overall profitability.
Length: 21 pages
Creation-Date: 0000-00
Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, London, Nov -0001, pages 17-37
File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-london-2025/table-of-content/detail?cid=151&iid=002&rid=16637
File-Function: First version, 0000
Number: 15116637
Classification-JEL: E59, H80, H89
Keywords: Managerial Efficiency, Profitability, Return on Investment, Loan to Deposit Ratio
Handle: RePEc:sek:iefpro:15116637
Template-Type: ReDIF-Paper 1.0
Author-Name: Iustina Alina Boitan
Author-Name-First: Iustina Alina
Author-Name-Last: Boitan
Author-Email: iustina.boitan@fin.ase.ro
Author-Workplace-Name: Bucharest University of Economic Studies
Author-Name: Thomas Paulovici
Author-Name-First: Thomas
Author-Name-Last: Paulovici
Author-Email: thomas.paulovici@gmail.com
Author-Workplace-Name: Bucharest University of Economic Studies, Doctoral School of Finance 
Title: Central Bank Digital Currencies and Financial Inclusion in Developing Economies: Opportunities, Challenges, and Lessons from Early Adopters
Abstract: The paper investigates the potential of Central Bank Digital Currencies (CBDCs) to enhance financial inclusion by improving access to digital financial services for unbanked populations, particularly in developing economies where the issue of financial exclusion and low access to financial services is endemic. Our analytical interest substantiates inthe growing interest exhibited by central banks and international financial institutions regarding the emergence of this new type of state-backed digital currency. CBDCs represent digital forms of central bank money that may serve as complement to cash and other payment instruments in a secure, efficient, and accessible payment environment, unlike cryptocurrencies, which operate on decentralized networks. While CBDCs offer promising features such as cost efficiency, security, and accessibility, several challenges, including design deficits, digital and financial literacy barriers, and regulatory considerations must be addressed to ensure their effectiveness. Through a systematic review of existing academic literature, empirical evidence and case studies from some developing or emerging economies, this study examines positive impacts as well as the challenges of these CBDCs in promoting financial inclusion. In particular, it investigates the theoretical mechanisms through which CBDCs could enhance access to financial services, and the challenges that may hinder their effectiveness. Furthermore, the analysis draws on a series of case studies from some of the early CBDC adopters, to identify the real-world impact of CBDCs on financial inclusion. The findings suggest that while CBDCs have the potential to bridge financial gaps, their success depends on strategic design and implementation as well as on complementary policies. The paper further discusses policy recommendations for designing CBDCs that maximize their potential as an inclusion-enhancing tool.
Length: 10 pages
Creation-Date: 0000-00
Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, London, Nov -0001, pages 38-47
File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-london-2025/table-of-content/detail?cid=151&iid=003&rid=16731
File-Function: First version, 0000
Number: 15116731
Classification-JEL: E50
Keywords: Central Bank Digital Currencies, Central Banks, Financial Inclusion, Digital Payments, Developing Economies, eNaira, Sand Dollar
Handle: RePEc:sek:iefpro:15116731
Template-Type: ReDIF-Paper 1.0
Author-Name: Jacinthe Cloutier
Author-Name-First: Jacinthe
Author-Name-Last: Cloutier
Author-Email: jacinthe.cloutier@fsaa.ulaval.ca
Author-Workplace-Name: Laval University, Québec
Author-Name: Hugo Chouinard
Author-Name-First: Hugo
Author-Name-Last: Chouinard
Author-Email: jacinthe.cloutier@fsaa.ulaval.ca
Author-Workplace-Name: Laval University, Québec
Title: Factors Influencing Knowledge of the Bitcoin Blockchain Among Canadian Adults
Abstract: The realm of cryptoassets is highly complex and requires specific knowledge to avoid making risky decisions. This study aims to identify the determinants of both objective and subjective knowledge levels regarding the Bitcoin blockchain. Data were collected from the adult population of Quebec (Canada) in the fall of 2024 (n = 1,078). The results of multiple linear regression analyses indicate that men, perceived risk, self-efficacy, and subjective knowledge level positively influence the objective knowledge level about the Bitcoin blockchain. Conversely, the subjective knowledge level about the Bitcoin blockchain is negatively influenced by household size, age, perceived compatibility, and the presence of facilitators, while it is positively influenced by attitude, self-efficacy, objective knowledge about the Bitcoin blockchain, and perceived knowledge of traditional investment. The findings are discussed in light of the educational needs in this complex domain, particularly among young consumers.
Length: 11 pages
Creation-Date: 0000-00
Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, London, Nov -0001, pages 48-58
File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-london-2025/table-of-content/detail?cid=151&iid=004&rid=16802
File-Function: First version, 0000
Number: 15116802
Classification-JEL: G11, O33, D83
Keywords: Cyptoassets; Objective knowledge; Subjective knowledge; Canadian consumers; Investment
Handle: RePEc:sek:iefpro:15116802
Template-Type: ReDIF-Paper 1.0
Author-Name: Ashot Davoyan
Author-Name-First: Ashot
Author-Name-Last: Davoyan
Author-Email: ashot_davoyan@yahoo.com
Author-Workplace-Name: Yerevan State University
Author-Name: Samson Davoyan
Author-Name-First: Samson
Author-Name-Last: Davoyan
Author-Email: samsondavoyan@ysu.am
Author-Workplace-Name: Department of Economics and Management, Yerevan State University
Author-Name: Vahe Asatryan
Author-Name-First: Vahe
Author-Name-Last: Asatryan
Author-Email: vahe.asatryan@edu.ysu.am
Author-Workplace-Name: Faculty of Economics and Management, Yerevan State University
Title: Assessment and Analysis of the Levels of National Security
Abstract: The security of a country is defined as the mutually supportive and balanced capabilities of its multi-institutional systems to resist internal and external threats, ensuring the nation?s territorial integrity and the stable and effective functioning of its critical systems such as economic and political organizations.This article aims to examine the individual components and directions of national security, calculating and conducting a comparative analysis of the economic security of various countries using an integral index. This research also considers the foundation of economic development of these countries and its potential for realization at different levels of national security.
Length: 15 pages
Creation-Date: 0000-00
Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, London, Nov -0001, pages 59-73
File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-london-2025/table-of-content/detail?cid=151&iid=005&rid=16762
File-Function: First version, 0000
Number: 15116762
Classification-JEL: H56
Keywords: Economy, Safety, Economic development, Partial indexes, National security, Global indexes
Handle: RePEc:sek:iefpro:15116762
Template-Type: ReDIF-Paper 1.0
Author-Name: OLAOYE Festus Oladipupo
Author-Name-First: OLAOYE
Author-Name-Last: Festus Oladipupo
Author-Email: oladipupo.olaoye@eksu.edu.ng
Author-Workplace-Name: Department of Accounting, Ekiti State University 
Title: AUDIT INDEPENDENCE AND EFFECTIVENESS OF INTERNAL CONTROL SYSTEMS IN THE PUBLIC SECTOR IN NIGERIA
Abstract: This study examines the effect of audit independence on the effectiveness of internal control systems (ICS) in Nigeria's public sector, focusing on tertiary institutions. It explores how changes in audit standards and regulatory frameworks influence ICS, particularly in Federal Universities, Southwest Nigeria. The research enhances understanding of governance challenges and accountability within this sector. Prior studies have investigated ICS factors like budget allocation and employee training, but few have focused on audit independence in Nigerian tertiary institutions. This paper addresses this gap. A stratified random sampling method was employed, selecting six federal universities in the southwestern region. Secondary data were collected through an ex post facto research design, using audited financial reports from these universities. Long-run results revealed significant positive relationships between ICS and factors such as budget allocation, employee training, organizational structure, audit independence, and management support. However, technology infrastructure showed no significant impact. In the short run, budget allocation negatively affected ICS, while employee training, audit independence, and technology infrastructure had positive effects. The study offers insights for administrators and policymakers by emphasizing tailored governance strategies to improve accountability in tertiary institutions. It also provides practical recommendations for strengthening governance in Nigeria's public sector.
Length: 16 pages
Creation-Date: 0000-00
Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, London, Nov -0001, pages 74-89
File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-london-2025/table-of-content/detail?cid=151&iid=006&rid=16626
File-Function: First version, 0000
Number: 15116626
Classification-JEL: A13
Keywords: Audit Independence, Internal Control Systems (ICS), Audit Standards, Budget Allocation (BAR), Employee Training (ETR)
Handle: RePEc:sek:iefpro:15116626
Template-Type: ReDIF-Paper 1.0
Author-Name: Vilas B. Gaikar
Author-Name-First: Vilas B.
Author-Name-Last: Gaikar
Author-Email: dr.vilasgaikar@gmail.com
Author-Workplace-Name: Smt. CHM. College, University of Mumbai
Title: An evaluative study of Open Educational Resources (OERs) for overall development of Undergraduate Students in Mumbai Metropolitan Region
Abstract: Online education resources (OER) have advanced rapidly because of demand for personalised learning experiences, the spread of online education in the wake of the pandemic, and the intensifying rivalry in the industry. This paper aimed at understanding the awareness of undergraduate students towards the ever-evolving concept of OER. It studies the factors influencing use of OER along with the learning and development outcomes among undergraduate students.In this study, a survey-based questionnaire was used to collect the data from 605 undergraduate students, who were selected from the Mumbai Metropolitan Region, India, through purposive sampling. It was supplemented with secondary data collected through various sources available in the public domain.Through this study, it was found out that there is no significant difference between demographic factors and awareness about OER among undergraduate students. It also revealed that factors influencing the use of the OER platform are found to be a significant predictor. It suggests that with the positive increase in factors, the development of undergraduate students is expected to increase as well.The awareness about OER platforms has considerably increased after the pandemic. Still, there are many undergraduate students who are hesitant to use OER due to factors like lack of proper internet connectivity and technical support, which affects their learning and development in return.
Length: 19 pages
Creation-Date: 0000-00
Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, London, Nov -0001, pages 90-108
File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-london-2025/table-of-content/detail?cid=151&iid=007&rid=16539
File-Function: First version, 0000
Number: 15116539
Classification-JEL: A23, C00, I25
Keywords: Open Educational Resources (OERs), Continuous learning, Skill enhancement
Handle: RePEc:sek:iefpro:15116539
Template-Type: ReDIF-Paper 1.0
Author-Name: Rudolf Holik
Author-Name-First: Rudolf
Author-Name-Last: Holik
Author-Email: holik.rudolf@gmail.com
Author-Workplace-Name: Prague University of Economics and Business
Title: The Future of EU Cohesion Policy after 2027: Strategic Challenges and Opportunities for the Czech Republic
Abstract: Cohesion policy is a cornerstone of the European Union?s efforts to reduce regional disparities and promote balanced development. As the EU prepares for the post-2027 period, this policy is under review to ensure it responds to emerging challenges such as climate change, digital transformation, demographic shifts, and geopolitical uncertainty. For the Czech Republic, a key cohesion fund beneficiary, this reform represents both a challenge and a strategic opportunity.This paper examines the Czech Republic?s implementation of cohesion policy during the 2021?2027 programming period, identifying persistent barriers including administrative complexity, slow absorption, and limited territorial flexibility. It then analyses the Czech Republic?s engagement in shaping the future policy framework, including contributions to EU-level debates, strategic alliances, and formal position papers. Particular attention is paid to recent milestones such as the 9th Cohesion Report, the High-Level Group?s recommendations, and joint declarations by Member States.Building on this context, the paper identifies five strategic options for the Czech Republic: securing adequate cohesion funding; applying place-based, integrated territorial development tools; strengthening flexibility and crisis resilience; simplifying implementation while focusing on results; and preparing for EU enlargement. These options form the basis for concrete recommendations to develop a post-2027 national cohesion strategy.The study concludes that the Czech Republic must move beyond defending financial allocations and adopt a proactive, future-oriented stance. A well-structured strategy that aligns domestic priorities with EU reform will help the country maximize its cohesion investments and contribute meaningfully to shaping a more resilient and inclusive Europe.
Length: 12 pages
Creation-Date: 0000-00
Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, London, Nov -0001, pages 109-120
File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-london-2025/table-of-content/detail?cid=151&iid=008&rid=16866
File-Function: First version, 0000
Number: 15116866
Classification-JEL: R58, H77, H50
Keywords: Cohesion Policy; Regional Development; Structural Funds; Czech Republic; European Union; Multiannual Financial Framework; EU Policy Reform; Territorial Governance; Smart Specialisation; EU Budget
Handle: RePEc:sek:iefpro:15116866
Template-Type: ReDIF-Paper 1.0
Author-Name: Olivia Lu
Author-Name-First: Olivia
Author-Name-Last: Lu
Author-Email: olivia25lu@gmail.com
Author-Workplace-Name: Hamilton High School
Title: Assessing the Effectiveness of Bilateral Aid on Financial Access, Microfinance, and Economic Growth in Bangladesh, Rwanda, and Mozambique
Abstract: Financial exclusion remains one of the most persistent barriers to economic development, constraining private-sector growth, limiting poverty reduction, and perpetuating economic disparities. Bilateral foreign aid has long been a tool for addressing financial sector deficiencies, yet its impact on financial inclusion remains debated. Can aid meaningfully expand access to credit, increase financial intermediation, and strengthen institutional governance? Or does it merely act as a temporary fiscal injection with limited structural impact? To assess how foreign aid influences financial sector development and financial inclusion, this study analyzes the cases of Bangladesh, Rwanda, and Mozambique from 2012-22, focusing on both formal and informal financial intermediaries. This paper analyzes macroeconomic data, financial sector indicators, aid disbursement trends, and governance metrics to empirically evaluate the relationship between aid and financial inclusion. Using sectoral disaggregation of aid flows and institutional effectiveness scores, the research traces the pathways through which aid channels into financial systems and whether it translates into higher private-sector credit, reduced borrowing constraints, improved banking efficiency, and sustainable microfinance growth. Aid flows are analyzed across three key subsectors: (1) Financial Policy and Administrative Management, (2) Formal Financial Intermediaries, and (3) Informal Financial Intermediaries, providing a granular assessment of how different forms of aid impact banking stability, microfinance participation, and credit accessibility across varying institutional environments.The impact of foreign aid on financial inclusion depends on how well funding aligns with governments? priorities in existing policies. Bangladesh and Rwanda have seen stronger growth in microfinance, digital banking, and SME credit, while Mozambique has struggled due to weak institutions and economic instability. Policy aid has helped Rwanda strengthen financial regulations, but in Mozambique, even large inflows have failed to improve oversight. But aid to banks does not always increase lending. Bangladesh saw improved efficiency, but Rwanda and Mozambique still face high interest rate spreads, which could point to deeper financial inefficiencies. Finally, microfinance aid is most effective when paired with strong local policies. While Bangladesh and Rwanda sustain growth even as aid declines, Mozambique?s financial access stalls once donor support fades, showing that without strong institutions, financial inclusion remains fragile.Ultimately, this study contributes to the literature on international aid and development by identifying the conditions under which aid strengthens financial systems rather than acting as a temporary economic stimulus. To be truly effective, donor assistance must go beyond short-term interventions and support structural changes that allow financial sectors to grow independently.
Length: 36 pages
Creation-Date: 0000-00
Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, London, Nov -0001, pages 121-156
File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-london-2025/table-of-content/detail?cid=151&iid=009&rid=16716
File-Function: First version, 0000
Number: 15116716
Classification-JEL: F35, O16, G21
Keywords: Foreign aid, Financial inclusion, Microfinance, Governance, Banking efficiency
Handle: RePEc:sek:iefpro:15116716
Template-Type: ReDIF-Paper 1.0
Author-Name: Michael Ojo Oke
Author-Name-First: Michael Ojo
Author-Name-Last: Oke
Author-Email: michael1.oke@eksu.edu.ng
Author-Workplace-Name: Ekiti State University, Ado-Ekiti
Title: EFFECT OF PERFORMANCE APPRAISAL ON EMPLOYEES? PRODUCTIVITY AMONG STAFF OF DEPOSIT MONEY BANKS IN ADO EKITI, NIGERIA
Abstract: The study investigated the effect of performance appraisal on employee productivity among staff of deposit money banks in Ado Ekiti, Nigeria. The specific objective was to examine the effects of management by objective (MBO) appraisal; analyze how 360-degree feedback appraisal; examine the effect of assessment center method and assess how point factor appraisal method affect employee productivity among staff of deposit money banks in Ado Ekiti, Nigeria. The descriptive research design was adopted for the study and data was gathered using a sample survey method, as well as numerous statistical tools and methodologies for data analysis. Descriptive statistics were used to present and analyze demographic data of respondents in frequency tables. Standard deviation and mean were also employed to ascertain the measure of central tendency and inferential statistics, namely Pearson Product Moment correlation and multiple regression were used to test the hypothesis to answer the research questions and to achieve the objective of the study. The conclusion of the study showed that performance appraisal techniques must be designed by the management of the deposit money banks in Ado-Ekiti with inputs from employees' representatives in order to make them more objectives. The study recommended among others that the management should design performance appraisal criteria in conjunction with the employees of the organizations, in order to earn sound employees? productivity. Also, the organizations? feedback should be timely, actionable and involve discussions of strengths and weaknesses of the employees', this will further enhance employees' productivity.
Length: 18 pages
Creation-Date: 0000-00
Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, London, Nov -0001, pages 157-174
File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-london-2025/table-of-content/detail?cid=151&iid=010&rid=16627
File-Function: First version, 0000
Number: 15116627
Classification-JEL: A10
Keywords: Management by Objective (MBO), 360-Degree Appraisal, Assessment Center Appraisal, Point Factor Appraisal, Employee Productivity
Handle: RePEc:sek:iefpro:15116627
Template-Type: ReDIF-Paper 1.0
Author-Name: FLORINA POPA
Author-Name-First: FLORINA
Author-Name-Last: POPA
Author-Email: florinapopa289@gmail.com
Author-Workplace-Name: INSTITUTE OF NATIONAL ECONOMY, ROMANIAN ACADEMY, BUCHAREST
Title: THE IMPACT OF TAXATION CHANGES ON GINI COEFFICIENT IN MEMBER STATES OF EUROPEAN UNION (EU 27)
Abstract: The efficiency of revenue collection is a process that involves different operations in collection procedures, with the revenue collected being a main source of support for state budget spending. The paper aim was studying the impact of the direct taxes/indirect taxes ratio changes on Gini coefficient (inequality). The main result from the analysis is that the impact of the ratio between the direct taxes and indirect taxes on Gini coefficient (inequality) was pursued from three perspectives: a) increases in the direct taxes/indirect taxes ratio; b) decreases in the direct taxes/indirect taxes ratio; c) other situations regarding the change in the direct taxes/indirect taxes ratio. The paper was accomplished by: studying the scientific literature in the field, selecting, synthesizing and interpreting the ideas retained through the own view of the author; collecting data from the European Commission, DG Taxation and Customs Union, based on Eurostat; Eurostat Gini Coefficient of equivalised disposable income by age, drawing up the table needed in the analysis of economic indicators and processing and analysis of the data collected. The analysis was achieved for Member States of European Union (EU 27), for the period 2014-2022. Finally the paper ends with conclusions which highlights the final results of the research and signalize the three situations met in the analysis, mentioned above.
Length: 18 pages
Creation-Date: 0000-00
Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, London, Nov -0001, pages 175-192
File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-london-2025/table-of-content/detail?cid=151&iid=011&rid=16786
File-Function: First version, 0000
Number: 15116786
Classification-JEL: H21, H71, O11
Keywords: Efficiency of tax collecting; Taxation changes; Impact; Member States of  European Union (EU 27); Direct taxes; Indirect taxes, Gini coefficient (inequality)
Handle: RePEc:sek:iefpro:15116786
Template-Type: ReDIF-Paper 1.0
Author-Name: Sirisuhk Rakthin
Author-Name-First: Sirisuhk
Author-Name-Last: Rakthin
Author-Email: sirisuhk.rak@mahidol.ac.th
Author-Workplace-Name: College of Management, Mahidol University
Author-Name: KHANYAPUSS PUNJAISRI
Author-Name-First: KHANYAPUSS
Author-Name-Last: PUNJAISRI
Author-Email: sirisuhk.rak@mahidol.ac.th
Author-Workplace-Name: National Institutes of Development Administration, Bangkok
Author-Name: NAY CHI KHIN KHIN OO
Author-Name-First: NAY CHI KHIN
Author-Name-Last: KHIN OO
Author-Email: sirisuhk.rak@mahidol.ac.th
Author-Workplace-Name: Assumption University, Bangkok
Author-Name: JUTARAT DANGSUNGWAN
Author-Name-First: JUTARAT
Author-Name-Last: DANGSUNGWAN
Author-Email: sirisuhk.rak@mahidol.ac.th
Author-Workplace-Name: College of Management Mahidol University, Bangkok
Title: How Support and Communication are Crucial to Franchisees? Performance: A Coffee Shop Franchise Case in Thailand
Abstract: Franchise business in Thailand has experienced growth, particularly in the hospitality sector. The value of the franchising businesses in the country is expected to rise up to 20% in 2024. Past studies have largely focused on the franchisor perspective. Yet, for a sustainable franchise business success, franchisees? perceptions towards their success should be explored. The literature has highlighted the important role of franchisor support in bringing about the success of the franchise business. Similarly, communication is argued to influence franchisees? trust in and satisfaction with the franchisor. However, a limited number of studies have yet to incorporate both trust and satisfaction to explain how support and communication affect franchisees? performance. Thus, this study seeks to understand the role of support and communication of a franchisor in encouraging franchisees? performance. The mediating role of trust towards their satisfaction with the franchisor will also be explored. By doing so, this study will also address the chicken-egg relationship of trust and satisfaction.
Length: 12 pages
Creation-Date: 0000-00
Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, London, Nov -0001, pages 193-204
File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-london-2025/table-of-content/detail?cid=151&iid=012&rid=16777
File-Function: First version, 0000
Number: 15116777
Classification-JEL: C00, L84
Keywords: Franchisee Performance, Support, Communication, Trust, Satisfaction
Handle: RePEc:sek:iefpro:15116777
Template-Type: ReDIF-Paper 1.0
Author-Name: Rudolf Rudy?ar
Author-Name-First: Rudolf
Author-Name-Last: Rudy?ar
Author-Email: rudolf.rudysar@gmail.com
Author-Workplace-Name: Prague University of Economics and Business
Title: The Unwinding Risk of the Japanese Carry Trade: Scenarios for Equity and Bond Markets
Abstract: The Japanese yen-funded carry trade ? borrowing at Japan?s ultra-low interest rates to invest in higher-yield assets abroad ? has grown extensively in recent years, raising concerns about its potential unwinding. This paper examines the risk of a disorderly unwind of yen carry trades and the consequent impact on equity and bond markets, with a focus on U.S. equities. We synthesize insights from academic literature and central bank reports, and we deploy simulation models (VAR, Monte Carlo, and regression-based analyses) to explore scenario outcomes. Our analysis suggests that a sharp yen appreciation (triggered by either Japanese policy tightening or U.S. rate cuts) could force carry traders to liquidate positions, causing significant volatility in stock markets and a spike in risk aversion. Through scenario analysis, we find that the severity of market impact depends on the speed and scale of unwinding ? ranging from a mild normalization with limited market effects to a severe, rapid unwind that could resemble past crisis episodes. The results highlight the importance of monitoring carry trade-funded flows and ensuring market resilience to sudden reversals.
Length: 6 pages
Creation-Date: 0000-00
Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, London, Nov -0001, pages 205-210
File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-london-2025/table-of-content/detail?cid=151&iid=013&rid=16864
File-Function: First version, 0000
Number: 15116864
Classification-JEL: 
Keywords: Yen carry trade; Carry trade unwind; Equity markets; Bond markets; Interest rate differentials;Vector autoregression; Monte Carlo simulation; Safe-haven currency; Risk aversion; Capital flows
Handle: RePEc:sek:iefpro:15116864
Template-Type: ReDIF-Paper 1.0
Author-Name: Bi-Huei Tsai
Author-Name-First: Bi-Huei
Author-Name-Last: Tsai
Author-Email: bhtsai@nycu.edu.tw
Author-Workplace-Name: National Yang Ming Chiao Tung University
Author-Name: Pei-Pei Wang
Author-Name-First: Pei-Pei
Author-Name-Last: Wang
Author-Email: wangpeipei.mg11@nycu.edu.tw
Author-Workplace-Name: National Yang Ming Chiao Tung University
Title: The Impact of the Semiconductor Exports Bans to China on the Stock Prices in Taiwan's Semiconductor Industry
Abstract: This study finds that the U.S. sanctions on Chinese semiconductors result in significantly negative abnormal returns for Taiwan's semiconductor industry, including the upstream IC design sector and the midstream manufacturing sector. The U.S. sanctions enable investors to expect the difficulty of Taiwan?s IC design industry in obtaining orders from Chinese companies. Investors sell the stock of Taiwan?s IC design industry, so the stock prices of Taiwan?s IC design industry decline substantially. Negative abnormal returns are generated during the announcement of U.S exports bans to China. The impact of U.S. sanctions on Chinese semiconductors is obviously more significant on Taiwan's upstream IC design industry than on the midstream manufacturing and downstream packaging and testing industries. Conversely, the gap between IC manufacturing and packaging industries is small.
Length: 11 pages
Creation-Date: 0000-00
Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, London, Nov -0001, pages 211-221
File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-london-2025/table-of-content/detail?cid=151&iid=014&rid=16739
File-Function: First version, 0000
Number: 15116739
Classification-JEL: G18, E44, F13
Keywords: Semiconductor; Event Study; Stock Prices; Sanctions; Abnormal Return
Handle: RePEc:sek:iefpro:15116739
Template-Type: ReDIF-Paper 1.0
Author-Name: XIANG ZHAO
Author-Name-First: XIANG
Author-Name-Last: ZHAO
Author-Email: 6784036529@student.chula.ac.th
Author-Workplace-Name: Faculty of Economics, Chulalongkorn University, Bangkok
Title: THE IMPACTS OF DEGLOBALIZATION ON MANUFACTURING VALUE ADDED IN COMPARATIVE PERSPECTIVES
Abstract: This paper intends to investigate the impact differentials of de facto and de jure deglobalization on manufacturing value added across least developed nations, developing nations, and developed nations before and after the 2008 global financial crisis over the period 2001-2021, aiming to provide insights for policymakers to address future uncertainties arising from deglobalization trends. It shows that de facto and de jure deglobalization's impacts on manufacturing value added vary across different developmental contexts. It is worth noting that this paper employs a panel error correction model and an autoregressive distributed lag-error correction model to examine the impact differentials in both the long run and the short run across two distinct periods of 2001-2008 & 2009-2021, in addition, this study considers 2008 global financial crisis as the "watershed" for the rising of deglobalization according to academic literature. Developed nations experienced greater short-run impacts from deglobalization than developing and least developed nations, especially post-global financial crises. Therefore, policymakers in developed nations should pay more attention to mitigating trade disruptions, stabilizing stock markets, strengthening supply chain resilience, and protecting the benefits of domestic consumers from rising prices and inflation in the short run. In general, the impacts of deglobalization on least developed nations had greater impacts than those of developed nations and developing nations due to their limited infrastructures, weaker legal and economic policy buffers, and dependence on international trade and aid. The greater impacts on least developed nations due to deglobalization emphasize enhancing resilience through industrialization policies and international cooperation for least developed nations. 
Length: 29 pages
Creation-Date: 0000-00
Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, London, Nov -0001, pages 222-250
File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-london-2025/table-of-content/detail?cid=151&iid=015&rid=16850
File-Function: First version, 0000
Number: 15116850
Classification-JEL: A10, F00, F10
Keywords: Deglobalization, Manufacturing Value Added, Panel Error Correction Model, Autoregressive Distributed Lag-Error Correction Model
Handle: RePEc:sek:iefpro:15116850