Analysis of the Impact of Fintech Firms’ Lending on the Expansion of Service Base Companies in Jordan

The purpose of this research was to analyze the impact of lending by fintech firms on the expansion of service- based companies in Jordan. The studys population included 210 service-based enterprises located in Jordan. The research used a sample size of 136 respondents from registered service-based enterprises in Jordan. The researchers used a structured questionnaire to gather data from the participants. The data acquired in this study were evaluated using a combination of basic percentage calculations and Pearson product moment analysis. The research has reached the conclusion that the lending activities of Fintech firms have a noteworthy impact on the expansion of service-based companies in Jordan. The study suggests that it would be advantageous for the Fintech service provider to engage in advertising efforts aimed at promoting their services, with the goal of increasing the adoption of their mobile money product among a wider range of business professionals. This would lead to an increased number of entrepreneurs using Fintech as a means to augment the expansion of their businesses. The scope of the research was limited to a small number of service-based organizations. However, it is important to include other service-based companies that were not included in this study. To get a comprehensive understanding, a comparison study should be conducted to explore other characteristics that were not addressed in the current research. The field of financial technology (fintech) has seen significant growth in recent years. This growth can be measured by the degree of utilization observed in various fintech applications and services

Visitor Management System Design and Implementation during the Covid-19 Pandemic

In todays computer technology environment, the effect of IT plays a significant part in all real-time systems. Various management systems are in place to help the company organization achieve profit, standards, and future commercial growth. The VMS is important for monitoring how many visitors are there, what the objective of the facility visit will be, and who will be put in the block listed record due to rule violation. This technology also protects the buildings overall security. The goal of this system is to synchronize the organizations business and visitors in order to achieve a wonderful connection among organizations globally. The background was compiled from many papers that discussed similar subjects and were connected to the system. In addition, the limitations and analyses of the present system have been addressed in order to demonstrate the organizations demands for a new system. In part three, we will go through the project planning, covering the feasibility study, Gantt chart, and software methodology in specific stages. Stepping on functional and non- functional requirements of the system, it is covered in the same chapter, as well as the system steps in the implementation part of section four, and finally with clear and direct conclusion and recommendations in section five with future work of the visitor management system, which will be added after the system is implanted in the organization and other related organizations

Islamic Digital Finance and Its Role in Promoting Financial Inclusion

The current paper contributes to clarifying the concept of Islamic digital finance and its role in promoting financial inclusion. This is implemented by studying concepts related to digital Islamic finance and financing and explaining the importance of financial inclusion in achieving sustainable development. It\u27s also implemented by highlighting the importance of both digital finance and financial inclusion for the economy, using the descriptive analytical approach. The current paper concludes that digital Islamic finance is important in enhancing financial inclusion by providing digital financial services and enhancing access to excluded individuals and enabling them to use these services. It also concludes that economic development is a long journey, but digital financing and financial inclusion are certainly a catalyst to achieve them, in that they care for excluded groups such as women, the poor, youth, and small and medium-sized enterprises. The study also came out with a number of recommendations for Islamic financial institutions, the most important of which is to innovate Islamic financing products and financial services that take into account the capabilities of all segments of society, provided that they are appropriate in terms of cos

Fund Family Selectivity Skills and Market Timing Ability: Comparison Study

This study aims to examine fund family performance, in terms of selectivity skills and marketing timing ability, in Saudi Arabia, Malaysia, Indonesia, and Pakistan in 2007–2021. The sample is divided into three levels. First, analysis of the whole sample. Second, analysis by country. Third, analysis of Islamic- and conventional-focused families. The main results are: First, the fund family provides numerous advantages and facilities to managers, for instance diversification opportunities and market research, allowing them to select stocks well. However, their timing ability is still poor. Second, Saudi Arabia has the best performance while Pakistan has the worst performance. Third, as a novel contribution, there are difference in skills and ability between Islamic and conventional family managers due to their difference in main objectives. The findings are important for managers and investors. Managers can position themselves better relative to their competitors, while investors can more effectively allocate their resources to funds that are managed well by fund families

Psychological empowerment and organizational citizenship behavior in the information communications and technology (ICT) sector: A moderated- mediation model

AbstractThis study aimed to examine the influence of psychological empowerment on job crafting. Moreover, it analyzed the relationship between job crafting and organizational citizenship behavior. In addition, conscientiousness was considered as a moderator between psychological empowerment and job crafting. Whereas the mediation effect of job crafting was examined among psychological empowerment and organizational citizenship behavior. The data were gathered from the ICTs of Jordan and AMOS was used for analysis. The results highlighted that psychological empowerment can influence job crafting, which can lead to organizational citizenship behavior. Therefore, job crafting can significantly mediate the relationship between psychological empowerment and organizational citizenship behavior. In addition, the findings revealed that conscientiousness being an important personality trait can moderate the relationship between psychological empowerment and job crafting. This research can be considered as a guideline for researchers and practitioners focusing on job crafting and organizational citizenship behavior. The focus of this research is merely on the employees of ICTs and it has considered only one personality trait i.e. conscientiousness. Therefore, future studies can emphasize any other sector and include other personality traits as moderators

Integrating Mobile Thermal Energy Storage (M-TES) in the City of Surrey’s District Energy Network: A Techno-Economic Analysis

The City of Surrey in British Columbia, Canada has recently launched a district energy network (DEN) to supply residential and commercial buildings in the Surrey Centre area with hot water for space and domestic hot water heating. The network runs on natural gas boilers and geothermal exchange. However, the City plans to transition to low-carbon energy sources and envisions the DEN as a key development in reaching its greenhouse gas emissions (GHG) reduction targets in the building sector. Harvesting and utilizing waste heat from industrial sites using a mobile thermal energy storage (M-TES) is one of the attractive alternative energy sources that Surrey is considering. In this study, a techno-economic analysis (TEA) was conducted to determine the energy storage density (ESD) of the proposed M-TES technology, costs, and the emission reduction potential of integrating waste heat into Surrey’s DEN. Three transportation methods were considered to determine the most cost-effective and low-carbon option(s) to transfer heat from industrial waste heat locations at various distances (15 km, 30 km, 45 km) to district energy networks, including: (i) a diesel truck; (ii) a renewable natural gas-powered (RNG) truck, and (iii) an electric truck. To evaluate the effectiveness of M-TES, the cost of emission reduction ($/tCO2e avoided) is compared with business as usual (BAU), which is using a natural gas boiler only. Another comparison was made with other low carbon energy sources that the city is considering, such as RNG/biomass boiler, sewer heat recovery, electric boiler, and solar thermal. The minimum system-level ESD required to makes M-TES competitive when compared to other low carbon energy sources was 0.4 MJ/kg

Integrating Mobile Thermal Energy Storage (M-TES) in the City of Surrey’s District Energy Network: A Techno-Economic Analysis

The City of Surrey in British Columbia, Canada has recently launched a district energy network (DEN) to supply residential and commercial buildings in the Surrey Centre area with hot water for space and domestic hot water heating. The network runs on natural gas boilers and geothermal exchange. However, the City plans to transition to low-carbon energy sources and envisions the DEN as a key development in reaching its greenhouse gas emissions (GHG) reduction targets in the building sector. Harvesting and utilizing waste heat from industrial sites using a mobile thermal energy storage (M-TES) is one of the attractive alternative energy sources that Surrey is considering. In this study, a techno-economic analysis (TEA) was conducted to determine the energy storage density (ESD) of the proposed M-TES technology, costs, and the emission reduction potential of integrating waste heat into Surrey’s DEN. Three transportation methods were considered to determine the most cost-effective and low-carbon option(s) to transfer heat from industrial waste heat locations at various distances (15 km, 30 km, 45 km) to district energy networks, including: (i) a diesel truck; (ii) a renewable natural gas-powered (RNG) truck, and (iii) an electric truck. To evaluate the effectiveness of M-TES, the cost of emission reduction ($/tCO2e avoided) is compared with business as usual (BAU), which is using a natural gas boiler only. Another comparison was made with other low carbon energy sources that the city is considering, such as RNG/biomass boiler, sewer heat recovery, electric boiler, and solar thermal. The minimum system-level ESD required to makes M-TES competitive when compared to other low carbon energy sources was 0.4 MJ/kg

Digital Transformation and Competitive Advantage in the Service Sector: A Moderated-Mediation Model

Digital transformation is important not only in the manufacturing sector but can also help service-based organizations to achieve competitive advantage. Therefore, this study has examined the impact of digital transformation on competitive advantage and the mediating role of entrepreneurial orientation. Innovation capability is considered a moderator between digital transformation and competitive advantage. The data for the research were gathered from service companies in Jordan, and AMOS was utilized for the analysis. The results revealed that digital transformation not only influences competitive advantage but also affects entrepreneurial orientation. Entrepreneurial orientation significantly mediates the relationship between digital transformation and competitive advantage. In addition, innovation capabilities moderate the relationship between digital transformation, competitive advantage, and entrepreneurial orientation. Innovation, production, and operational managers as well as owners of service companies can use the results of this research as a guideline for policy-making in order to develop a competitive advantage

Reimbursement Costs of Auditing Financial Assets Measured by Fair Value Model in Jordanian Financial Firms’ Annual Reports

This paper investigates the impact of financial assets measured by the fair value (F.V.) model, proxied by held-for-trading (H.F.T.), available-for-sale (A.F.S.), and the fair value option (F.V.O.), on reimbursement costs charged by external auditors in the context of the Jordanian finance industry. The study applied fixed-effects regression with a sample of 2408 firm-year observations of Jordanian firms from 2005 to 2018. The regression results confirmed that higher H.F.T. and A.F.S. of fair-valued assets were the primary cause of high audit fees; however, the F.V.O. had no significant impact. The impact of the F.V. model on audit reimbursement expenses has received little scholarly attention even in developing countries. The current study introduces an updated audit-fee model and new empirical evidence to provide more insights into this relationship and bridge a gap in the auditing literature. As a result, it investigates the impact of each fair-valued financial asset category on audit pricing for the first time. This research is unique in that it uses the F.V. model to investigate the association between each item of fair-valued financial assets and audit fees. The findings of this research provide current empirical information on the implication of the F.V. model in Jordan. The results contribute by guiding audit fee determinants in the context of Jordan, where there is no specific limit for audit fees determined by the government. The outcomes guide regulatory authorities in monitoring and regulating the audit profession and regulating the audit of F.V. model practices

Creative Accounting Determinants and Financial Reporting Quality: Systematic Literature Review

Creative accounting is considered to be a 21st-century phenomenon that has received increased attention after the worldwide economic crisis and budget deficits, particularly the prevention and detection of accounting manipulation. Creative accounting is a practice that influences financial indicators by using accounting knowledge and rules that do not explicitly violate accounting policies, rules, and laws. The main purpose for implementing creative accounting is to show the financial position desired by the company management; stakeholders are informed of what the management wants them to perceive. Creative accounting can be used to manipulate financial information from its correct and accurate form by exploiting existing rules or, in many cases, ignoring one or more rules. Therefore, the methodology of the present work contributes to the existing literature by systematically reviewing the impacts of creative accounting determinants on financial reporting quality, especially in the banking sector. In this review, we describe and critically analyze previous relevant works to identify and assess the relationship between the constructs addressed in the study. In conclusion, this study offers insight for academia, researchers, and practitioners on determining creative accounting practices and their influences on fraudulent financial reporting between 2015 and 2020. Lastly, the present study contributes to the existing information by conducting new research on creative accounting determinants to enhance the quality of financial reporting and, therefore, help professionals to improve practices within the profession