Favoring the small and the plenty: Islamic banking for MSMEs

While MSMEs form the backbone of many countries, most of them suffer from limited access to finance. We extend the literature by examining whether Islamic banks, compared to their conventional peers, favor more the MSMEs credit market segment in Turkey. We do this by considering various aspects of the lending behavior towards MSMEs (total lending, foreign currency lending, loan commitments, loan quality, and revenues) across different MSMEs size categories (micro, small and medium-sized firms). Our results show that once we control for bank-specific characteristics, we find that Islamic banks are more engaged with MSME financing and generate more revenues from servicing MSMEs. Concerning the quality of the MSME lending portfolio, no distinguishable patterns were observed between Islamic and conventional banks

Islamic banks, deposit insurance reform, and market discipline: evidence from a natural framework

Although it has been intensively claimed that Islamic banks are more subject to market discipline, the empirical literature is surprisingly mute on this topic. To fill this gap and to verify the conjecture that Islamic bank depositors are indeed able to monitor and discipline their banks, we use Turkey as a test setting. The theory of market discipline predicts that when excessive risk taking occurs, depositors will ask higher returns on their deposits or withdraw their funds. We look at the effect of the deposit insurance reform in which the dual deposit insurance was revised and all banks were put under the same deposit insurance company in December 2005. This gives us a natural experiment in which the effect of the reform can be compared for the treatment group (i.e., Islamic banks) and control group (i.e., conventional banks). We find that the deposit insurance reform has increased market discipline in the Turkish Islamic banking sector. This reform may have upset the sensitivities of the religiously inspired depositors, and perhaps more importantly it might have terminated the existing mutual supervision and support among Islamic banks

Problematic social media use and social connectedness in adolescence: the mediating and moderating role of family life satisfaction

Problematic social media use (PSMU) among adolescents has become an area of increasing research interest in recent years. It is known that PSMU is negatively associated with social connectedness. The present study examined the role of family life satisfaction in this relationship by investigating its mediating and moderating role in the relationship between problematic social use and social connectedness. The present study comprised 549 adolescents (296 girls and 253 boys) who had used social media for at least 1 year and had at least one social media account. The measures used included the Social Media Disorder Scale, Social Connectedness Scale, and Family Life Satisfaction Scale. Mediation and moderation analyses were performed using Hayes’s Process program. Regression analysis showed that PSMU negatively predicted family life satisfaction and social connectedness. In addition, family life satisfaction and PSMU predicted social connectedness. Mediation analysis showed that family life satisfaction had a significant mediation effect in the relationship between PSMU and social connectedness. Family life satisfaction was partially mediated in the relationship between PSMU and social connectedness. Moderation analysis showed that family life satisfaction did not have a significant effect on the relationship between PSMU and social connectedness. The study suggests that family life satisfaction is a meaningful mediator (but not a moderator) in the relationship between problematic social media use and social connectedness

Religiosity versus rationality: depositor behavior in Islamic and conventional banks

This study investigates the behavioral aspects of Islamic bank depositors in a dual banking system. By categorizing depositors into groups based on the amount of their deposited funds, we estimate the responses of these groups to interest rate changes. We take the findings of conventional banks as a comparative baseline and investigate the extent to which the changes in different Islamic depositor groups differ from conventional depositor groups. The findings show that depositors in both Islamic and conventional banks respond to interest rate changes. The analysis indicates that Islamic bank depositors are more responsive when their deposit sizes are larger. When Islamic bank depositors' opportunity costs rise due to a rise in the interest rate, they do not hesitate to withdraw deposits. The relation between interest rate changes and deposits is more robust in Islamic banks than in conventional banks

Can risky behaviors, gaming addiction, and family sense of coherence accurately classify gender among university students?

The present study examined whether risky behaviors, gaming addiction, and family sense of coherence classify female and male university students correctly. For this purpose, Logistic Regression Analysis (LRA) was used. The main purpose of LRA is to estimate which group the individual is a member of. LRA is widely used to predict categorical data (i.e., male and female, addicted and non-addicted, single and married). The present study comprised 281 university students (148 females and 133 males) who had been playing digital videogames for at least six months. The measures used included the Risk Behaviors Scale, Digital Game Addiction Scale, and Family Sense of Coherence Scale-Short Form. Analysis demonstrated that risky behavior, gaming addiction, and family sense of coherence predicted gender with 76.5% accuracy. In other words, risky behaviors, gaming addiction, and family sense of coherence scores can predict a high probability that an individual is male or female. More specifically, risky behaviors (school dropout, antisocial behaviors, alcohol use, smoking, and eating habits) and gaming addiction contributed significantly to the classification of an individual being male or female. The biggest contribution in the classification of gender was digital gaming addiction. Family sense of coherence and risky behaviors such as substance use and suicide tendency did not contribute significantly to gender classification. The present study provided important resulted in terms of demonstrating risk factors related to gender

Pseudomonas viridiflava, a Multi Host Plant Pathogen with Significant Genetic Variation at the Molecular Level

The pectinolytic species Pseudomonas viridiflava has a wide host range among plants, causing foliar and stem necrotic lesions and basal stem and root rots. However, little is known about the molecular evolution of this species. In this study we investigated the intraspecies genetic variation of P. viridiflava amongst local (Cretan), as well as international isolates of the pathogen. The genetic and phenotypic variability were investigated by molecular fingerprinting (rep-PCR) and partial sequencing of three housekeeping genes (gyrB, rpoD and rpoB), and by biochemical and pathogenicity profiling. The biochemical tests and pathogenicity profiling did not reveal any variability among the isolates studied. However, the molecular fingerprinting patterns and housekeeping gene sequences clearly differentiated them. In a broader phylogenetic comparison of housekeeping gene sequences deposited in GenBank, significant genetic variability at the molecular level was found between isolates of P. viridiflava originated from different host species as well as among isolates from the same host. Our results provide a basis for more comprehensive understanding of the biology, sources and shifts in genetic diversity and evolution of P. viridiflava populations and should support the development of molecular identification tools and epidemiological studies in diseases caused by this species