Search results for "loan"

Low rectal cancer: abdominoperineal resection or low Hartmann resection? A postoperative outcome analysis.

2011

BACKGROUND In distal rectum cancers, when the sphincters are not affected and it is not possible to perform a coloanal anastomosis because of the presence of comorbidities or the advanced age of the patient, a low Hartmann resection with total mesorectal excision can be performed. Low Hartmann resection is usually considered to be a shorter procedure and to have an inferior morbidity compared with abdominoperineal resection of the rectum. OBJECTIVE This study aimed to compare the postoperative outcome of a series of patients with low rectal cancer who have undergone either low Hartmann resection or abdominoperineal resection. DESIGN This study is a retrospective analysis of data collected i…

Financing successful small business projects

2014

Purpose – The current credit rationing strongly influences the viability of SMEs innovation projects. In this context, the practice of screening borrowers by project success probability has become a paramount consideration for both lenders and firms. The aim of this paper is to test the screening role of loan contracts that consider collateral-interest margins simultaneously. Design/methodology/approach – This paper presents an empirical analysis that uses a unique data set composed of 323 bank loans granted by 28 banks to SMEs backed by a Spanish Mutual Guarantee Institution. Findings – The results show that appropriate combinations of collateral and interest rates can distinguish between…

Six-years-long effects of the Italian policies for photovoltaics on the grid parity of grid-connected photovoltaic systems installed in urban contexts

2017

Abstract The purpose of this study is investigating the grid parity (GP) time and the levelized cost of energy (LCOE) of grid-connected photovoltaic (PV) systems installed in densely urbanized contexts. The analysis, which was elaborated for three Italian cities, considered the effects of the promoting policies enacted by the Italian government from June 2010 to May 2016. An appropriate methodology was applied with the aim of realistically defining the energy produced by PV systems installed on buildings with different roof types and number of floors. The calculus of the disbursements considered the operating, maintenance and insurance costs and the wear of PV panels and inverters. The resu…

Umowa pożyczki pomiędzy członkiem zarządu komplementariusza spółki osobowej a spółką osobową

2017

Measurement of inclusive neutral current pi(0) production on carbon in a few-GeV neutrino beam

2010

The SciBooNE Collaboration reports inclusive neutral current neutral pion production by a muon neutrino beam on a polystyrene target (C8H8). We obtain (7.7 +/- 0.5(stat) +/- 0.5(sys)) X 10(-2) as the ratio of the neutral current neutral pion production to total charged current cross section; the mean energy of neutrinos producing detected neutral pions is 1.1 GeV. The result agrees with the Rein-Sehgal model implemented in our neutrino interaction simulation program with nuclear effects. The spectrum shape of the pi(0) momentum and angle agree with the model. We also measure the ratio of the neutral current coherent pion production to total charged current cross section to be (0.7 +/- 0.4) …

The use of small instant loans among young adults - a gateway to a consumer insolvency?

2009

The aim of this paper is to study 18- to 29-year-old Finnish consumers' use of instant small loans (i.e. SMS loan) and other consumer credit services that have increased notably in the past few years. We examine what kind of expenditures instant credit is used for and focus also on young consumers' financial situation and their perceptions of themselves as money handlers. The research method is quantitative, and data are derived from an open online survey (n = 1610). Our results reveal that consumer credit is used by young people in all income brackets and employment positions. However, there is a clear connection between certain life-course stages (young, single parent), financial position…

Do microfinance institutions benefit from integrating financial and nonfinancial services?

2017

This article examines the impact of microfinance ‘plus’ (i.e. coordinated combination of financial and nonfinancial services) on the performance of microfinance institutions (MFIs). Using a global data set of MFIs in 77 countries, we find that the provision of nonfinancial services does not harm nor improve MFIs’ financial sustainability and efficiency. The results however suggest that the provision of social services is associated with improved loan quality and greater depth of outreach.

THE ROLE OF SEMANTIC BORROWING IN THE FORMATION OF ECONOMIC TERMS

2014

Specialized terms can result from a number of semantic processes (e.g. meaning extension, meaning narrowing, meaning transfer), which affect words from the general vocabulary. In their turn, these processes can be language internal and take place in the absence of any influence from the outside, or can be triggered by the importation of new things, ideas, etc from another culture and the contact with the language of this culture. The present paper analyses the way in which the worldwide influence English is exerting today has led to the creation of new words in the Romanian vocabulary of business and economics. Our sole focus of attention is constituted by semantic borrowing, or the importa…

- CREDIT RISK AND EFFICIENCY IN THE EUROPEAN BANKING SYSTEMS: A THREE-STAGE ANALYSIS

1999

Increased competition and the attempts of European banks to increase their presence in other markets may have affected the efficiency and credit risk. The first of this aspects is based on the incentive to the banks to reduce cost in order to gain in competitiveness. The second is associated to their lack of knowledge of such markets and/or acceptance of a higher risk in order to increase their market share. Despite the importance of these aspects, banking literature has usually analyzed the effects of competition on the efficiency of banking systems without considering these aspects. The few studies that attempt to obtainrisk adjusted efficiency measures do not consider that part of the ri…

Does it (re)pay to be female? Considering gender in microfinance loan officer-client pairs

2021

This paper examines the effect of the gender combination of client-loan officer pairs on loan repayment in an Ecuadorian microfinance institution. We show that among the four possible client-loan officer gender pairs i.e. female client-female loan officer, female client-male loan officer, male client-male loan officer and male client-female loan officer, the most favourable pairs in terms of repayment are those with female loan officers whereas the least favourable are those with male loan officers. We also show that repayment is even further enhanced for all client-loan officer pairs when the client’s previous loan officer was a woman. Our findings point to relational differences between m…