Risk and Sustainability of Financial Markets, Institutions, and Enterprises in the Post COVID-19 Era

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Financial Markets".

Deadline for manuscript submissions: closed (31 December 2023) | Viewed by 2362

Special Issue Editors


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Guest Editor
Economic and Financial Policy Institute (ECoFI), School of Economics, Finance and Banking (SEFB), Universiti Utara Malaysia (UUM), Sintok 06010, Kedah, Malaysia
Interests: financial markets; financial literacy; Islamic finance; sustainable finance; sustainable development
Special Issues, Collections and Topics in MDPI journals

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Guest Editor
School of Business and Management, Liverpool Business School, Liverpool John Moores University, Brownlow Hill, Liverpool L3 5UG, UK
Interests: operations management; supply chain; SMEs; service science

Special Issue Information

Dear Colleagues,

COVID-19 has had an impact on virtually all of the active sectors located across the world. Businesses and markets all across the world have been completely disrupted as a result of the potentially devastating effects of the pandemic waves. Everyone agrees that every market should adapt to the shifting economic realities that have emerged in the post-COVID-19 age. The financial market and its subgroups, such as financial institutions and enterprises, were among those who had the most severe adverse effects during COVID-19 and are anticipated to experience considerable changes in the aftermath. Risk linked with the financial industry and institutions was one of the most significant components that the pandemic altered in this particular market. COVID-19 illustrates how precarious firms' viability maybe during a crisis.  

In the post-COVID-19 era, sustainability is central to the establishment of new strategies and policies for economic growth including financial markets, institutions, and enterprises. Investors, regulators, and corporations should collaborate to increase institutional/organisational strengths and transparency in financial and economic markets through business practice. In addition, to proper modelling of investment decisions and the development of innovative and effective financial instruments for investors, new approaches for incorporating risk assessments, the sustainability of financial and economic markets, and ethical concerns in the development of artificially intelligent agents must be considered. This Special Issue will collect fresh research on the subject of risk and sustainable financial markets, institutions, and enterprises, as well as how business redesign the supply chain issue and adopt advanced level technology in the post-COVID-19 era.  

Therefore, this Special Issue aims to collect theoretical, review, and empirical concepts that will assist financial markets, financial institutions, and business sustainability in terms of operations and supply chain issues in the post-COVID era. One of the anticipated results of this call is to assist practitioners and academics within the financial markets and organisational operational issues in reviewing the lessons learnt from the COVID-19-related events to avoid encountering a similar catastrophic situation in the future. In addition, this Special Issue seeks fresh perspectives on secure ways for current financial markets, institutions, and organisations to adapt to the newly adjusted global business framework.  

Dr. Md Mahmudul Alam
Dr. H. M. Belal
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Journal of Risk and Financial Management is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • financial markets and institutions
  • micro, small, and medium enterprises
  • islamic finance
  • emerging markets
  • socially responsible funds
  • start-up financing
  • alternative financing
  • personal financing and financial literacy
  • financial technology (FinTech)
  • green financing and sustainable investments
  • financial sustainability of business
  • vulnerability and adaptation of business
  • financial fraud and security
  • business sustainability mechanism during COVID-19
  • COVID-19 and the stability of the financial system (asset markets, equities markets, commodities markets, monetary policy, banking sector, etc.)
  • financial risk analysis (modelling, calculation, simulation, forecasting, and assessment)
  • post-COVID-19 business risks and strategy
  • sustainable supply chain
  • supply chain risk, issues, and resilience
  • value delivery and logistics management
  • organisational transformations and risk assessment (e.g., digital transformation, servitization, productization, technological adaptation and practice, etc.)
  • corporate governance
  • government policy

Published Papers (1 paper)

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Research

16 pages, 653 KiB  
Article
Effect of Remittance-Sending Countries’ Type on Financial Development in Recipient Countries: Can the Pandemic Make a Difference?
by Md. Abdur Rahman Forhad, Gazi Mahabubul Alam and Md. Toabur Rahman
J. Risk Financial Manag. 2023, 16(4), 229; https://doi.org/10.3390/jrfm16040229 - 04 Apr 2023
Viewed by 1635
Abstract
This study examines the effect of remittances on selected recipient countries’ financial development. Using weights for bilateral remittances from 1990 to 2015, this study calculates the weighted gross national income per capita of remittance-sending countries. This study then uses the weighted gross national [...] Read more.
This study examines the effect of remittances on selected recipient countries’ financial development. Using weights for bilateral remittances from 1990 to 2015, this study calculates the weighted gross national income per capita of remittance-sending countries. This study then uses the weighted gross national income as an instrument to address the endogeneity between remittance and financial development. Using the instrument variable (IV) model, this study finds that remittances from low-skilled migrant-abundant sending countries have different effects than the highly skilled labor-abundant sending countries. Assuming the Gulf Cooperation Council (GCC) countries as a source of low-skilled and the Group of Seven (G7) as the source of high-skilled labor-abundant sending countries, remittance from relatively low-skilled emigrants has a greater impact on financial inclusion in the recipient countries than their high-skilled counterparts. In contrast, remittance from high-skilled countries has a greater impact on the development of the stock market. Similar types of effects of remittance on financial development have also been observed during the COVID-19 pandemic. The results suggest that policymakers should provide better foreign employment opportunities and improved transaction and investment policies in the home financial markets. Full article
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