Abstract

The Effect of Financial Inclusion on Financial Performance: Analytical study of a sample of banks listed on the Iraq Stock Exchange

Haider Naser, Zaid M. Alabassi

Volume: 12 Issue: 2 2022

Abstract:

The study seeks to measure and analyze the impact of financial inclusion on financial performance. The study also aims to identify the basic indicators of financial inclusion related to improving financial performance.

DOI: http://doi.org/10.37648/ijrssh.v12i02.019

Back Download

References

• Abdulnafea, A. L., Almasria, N. A., & Alawaqleh, Q. (2022). The effect of working capital management and credit management policy on jordanian banks’ financial performance. Banks and Bank Systems, 16(4), 229-239.
• Abiona, O., & Koppensteiner, M. F. (2022). Financial Inclusion, Shocks, and Poverty Evidence from the Expansion of Mobile Money in Tanzania. Journal of Human Resources, 57(2), 435-464.
• Adeola, O., & Evans, O. (2017). Financial inclusion, financial development, and economic diversification in Nigeria. The Journal of Developing Areas, 51(3), 1-15.
• Agbim, K. C. (2020). Government policy, financial inclusion and performance of SMEs in South Eastern Nigeria. International Entrepreneurship Review, 6(2), 69-82.
• Al-Hamad, A. A. S., Jebreel, R. M., & ALDweiri, M. (2021). The Role of Financial Inclusion Contribution on The Financial Performance at Commercial Jordanian Banks. Academy of Strategic Management Journal, 20, 1-11.
• Amin, N., Song, H., & Khan, Z. A. (2022). Dynamic linkages of financial inclusion, modernization, and environmental sustainability in South Asia: a panel data analysis. Environmental Science and Pollution Research, 29(11), 16588-16596.
• Bag, S., & Omrane, A. (2022). Corporate social responsibility and its overall effects on financial performance: Empirical evidence from Indian companies. Journal of African Business, 23(1), 264-280.
• Banna, H., Mia, M. A., Nourani, M., & Yarovaya, L. (2022). Fintech-based financial inclusion and risk-taking of microfinance institutions (MFIs): Evidence from Sub-Saharan Africa. Finance Research Letters, 45, 102149.
• Barajas, M. A., Naceur, M. S. B., & Massara, M. A. (2015). Can Islamic banking increase financial inclusion? (No. 2015/031). International Monetary Fund.
• Batchimeg, B. (2017). Financial performance determinants of organizations: The case of Mongolian companies. Journal of competitiveness, 9(3), 22-33.
• Byukusenge, E., & Muiruri, P. M. (2021). Financial Inclusion Strategies and Performance of Commercial Banks in Rwanda; A Case of I&M Bank in Rwanda. Journal of Finance and Accounting, 5(4), 23-34.
• Chauvet, L., & Jacolin, L. (2017). Financial inclusion, bank concentration, and firm performance. World Development, 97, 1-13.
• Chuc, A. T., Li, W., Phi, N. T. M., Le, Q. T., Yoshino, N., & Taghizadeh-Hesary, F. (2022). The necessity of financial inclusion for enhancing the economic impacts of remittances. Borsa Istanbul Review, 22(1), 47- 56.
• Demir, A., Pesqué-Cela, V., Altunbas, Y., & Murinde, V. (2020). Fintech, financial inclusion and income inequality: a quantile regression approach. The European Journal of Finance, 1- 22.
• Ehiedu, V. C., & Toria, G. (2022). Audit indicators and financial performance of manufacturing firms in Nigeria. Linguistics and Culture Review, 6, 14-41.
• Emara, N., & El Said, A. (2021). Financial inclusion and economic growth: The role of governance in selected MENA countries. International Review of Economics & Finance, 75, 34-54.
• Ertürk, I., Ghosh, I., & Shah, K. (2022). Financial untouchability: a polysemic narrative of digital financial inclusion in Modi’s India. Journal of Cultural Economy, 15(1), 30- 51.
• Fareed, Z., Rehman, M. A., Adebayo, T. S., Wang, Y., Ahmad, M., & Shahzad, F. (2022). Financial inclusion and the environmental deterioration in Eurozone: The moderating role of innovation activity. Technology in Society, 101961.
• Financial reports issued by the Iraq Stock Exchange for the years (2016-2020)
• Fungáčová, Z., & Weill, L. (2015). Understanding financial inclusion in China. China Economic Review, 34, 196-206.
• Hannoon, A., Al-Sartawi, A., Musleh, M. A., & Khalid, A. A. (2021). Relationship between financial technology and financial performance. In The Big Data-Driven Digital Economy: Artificial and Computational Intelligence (pp. 337-344). Springer, Cham.
• Harelimana, J. B. (2016). Financial Inclusion and Financial Performance of Microfinance Institutions in Rwanda: Analysis of the Clecam Ejoheza Kamonyi. Business Economic Journal, 7, 269.
• Hazaea, S. A., Tabash, M. I., Zhu, J., Khatib, S. F., & Farhan, N. H. (2021). Internal audit and financial performance of Yemeni commercial banks: Empirical evidence. Banks and Bank Systems, 16(2), 137-147.
• Huang, R., Kale, S., Paramati, S. R., & Taghizadeh-Hesary, F. (2021). The nexus between financial inclusion and economic development: Comparison of old and new EU member countries. Economic Analysis and Policy, 69, 1-15.
• Ichsan, R., Suparmin, S., Yusuf, M., Ismal, R., & Sitompul, S. (2021). Determinant of Sharia Bank's Financial Performance during the Covid19 Pandemic. Budapest International Research and Critics Institute-Journal (BIRCI-Journal), 298-309.
• Jungo, J., Madaleno, M., & Botelho, A. (2022). The Effect of Financial Inclusion and Competitiveness on Financial Stability: Why Financial Regulation Matters in Developing Countries?. Journal of Risk and Financial Management, 15(3), 122.
• Kabir, M. H. (2022). Financial Innovation: Accelerating Financial Inclusion in South Asia. In Research Anthology on Business Continuity and Navigating Times of Crisis (pp. 1556- 1581). IGI Global.
• Keisidou, E., Sarigiannidis, L., Maditinos, D. I., & Thalassinos, E. I. (2013). Customer satisfaction, loyalty and financial performance. International Journal of Bank Marketing. 31(4),259-288.
• Keisidou, E., Sarigiannidis, L., Maditinos, D. I., & Thalassinos, E. I. (2013). Customer satisfaction, loyalty and financial performance. International Journal of Bank Marketing. 31(4),259-288.
• Kurawa, J. M., & Shuaibu, K. (2022). Environmental Disclosure and Financial Performance of Listed Non-Financial Companies in Nigeria. European Journal of Accounting, Auditing and Finance Research, 10(2), 31-51.
• Lee, C. C., Wang, C. W., & Ho, S. J. (2022). Financial aid and financial inclusion: Does risk uncertainty matter?. Pacific-Basin Finance Journal, 71, 101700.
• Lotto, J. (2022). Understanding financial inclusion in East Africa: How does Tanzania compare?. International Journal of Finance & Economics, 27(1), 1075-1084.
• Mhlanga, D. (2021). Financial inclusion in emerging economies: The application of machine learning and artificial intelligence in credit risk assessment. International Journal of Financial Studies, 9(3), 39.
• Nasrallah, N., & El Khoury, R. (2022). Is corporate governance a good predictor of SMEs financial performance? Evidence from developing countries (the case of Lebanon). Journal of Sustainable Finance & Investment, 12(1), 13-43.
• Neves, E., & Proença, C. (2021). Intellectual capital and financial performance: evidence from Portuguese banks. International Journal of Learning and Intellectual Capital, 18(1), 93- 108.
• NGUYEN, H., TRAN, T. H. M., NGUYEN, T. H. Y., & TRUONG, D. D. (2021). The Influence of Competitive Advantage on Financial Performance: A Case Study of SMEs in Vietnam. The Journal of Asian Finance, Economics and Business, 8(5), 335-343.
• Orlitzky, M., Schmidt, F. L., & Rynes, S. L. (2003). Corporate social and financial performance: A meta-analysis. Organization studies, 24(3), 403-441.
• Ozili, P. K. (2021, October). Financial inclusion research around the world: A review. In Forum for social economics (Vol. 50, No. 4, pp. 457- 479). Routledge.
• Pradhan, R. P., Arvin, M. B., Nair, M. S., Hall, J. H., & Bennett, S. E. (2021). Sustainable economic development in India: The dynamics between financial inclusion, ICT development, and economic growth. Technological Forecasting and Social Change, 169, 120758.
• Prasetyo, I., Aliyyah, N., Rusdiyanto, R., Nartasari, D. R., Nugroho, S., Rahmawati, Y., ... & Rochman, A. S. U. (2021). Impact financial performance to stock prices: Evidence from Indonesia. Journal of Legal, Ethical and Regulatory Issues, 24, 1-11.
• Qamruzzaman, M., & Wei, J. (2019). Financial innovation and financial inclusion nexus in South Asian countries: Evidence from symmetric and asymmetric panel investigation. International Journal of Financial Studies, 7(4), 61.
• Qamruzzaman, M., & Wei, J. (2019). Financial innovation and financial inclusion nexus in South Asian countries: Evidence from symmetric and asymmetric panel investigation. International Journal of Financial Studies, 7(4), 61.
• Rachana, T. (2011). Financial inclusion and performance of rural co-operative banks in Gujarat. Research Journal of Finance and Accounting, 2(6).
• Ramzan, M., Amin, M., & Abbas, M. (2021). How does corporate social responsibility affect financial performance, financial stability, and financial inclusion in the banking sector? Evidence from Pakistan. Research in International Business and Finance, 55, 101314.
• Rosikah, P., DK, M., & DA, A. MI & Rohansyah, M.(2018). Effects of Return on Asset, Return On Equity, Earning Per Share on Corporate Value’. The International Journal of Engineering and Science (IJES), 7(3), 06-14.
• Sakyi-Nyarko, C., Ahmad, A. H., & Green, C. J. (2022). The Gender-Differential Effect of Financial Inclusion on Household Financial Resilience. The Journal of Development Studies, 1-21.
• Sarma, M. (2012). Index of Financial Inclusion–A measure of financial sector inclusiveness. Centre for International Trade and Development, School of International Studies Working Paper Jawaharlal Nehru University. Delhi, India.
• Sarma, M., & Pais, J. (2011). Financial inclusion and development. Journal of international development, 23(5), 613-628.
• Senyo, P. K., Karanasios, S., Gozman, D., & Baba, M. (2022). FinTech ecosystem practices shaping financial inclusion: the case of mobile money in Ghana. European Journal of Information Systems, 31(1), 112-127.
• Vo, D. H., Nguyen, N. T., & Van, L. T. H. (2021). Financial inclusion and stability in the Asian region using bank-level data. Borsa Istanbul Review, 21(1), 36-43.