The social welfare as a concept describes a case in which a society enjoys both the micro and the macro wellbeing of its individuals. The former means the capability of persons to fulfill their different needs according to the hierarchy of Maslow pyramid. The latter underpins the extent to which these individuals are generally satisfied in their private and societal concerns. This paper attempts to highlight the efficiency of the education system in fulfilling the personal and common needs of people living in a society.
Abstract:The banking sector occupies a central position in the economy. This consideration stems from the roles and the responsibilities assumed by this institution. Therefore, the consolidation of the system comprising the banking and other financial institutions by all kinds of technology and information becomes more than a necessity in an attempt to improve the quality of the services provided in one hand and to strengthen the banking organization per se at the other. The latter objective is ensured by different mechanisms. One of these is the auditing mechanism. The paper sheds light on the impact of the information technology audit in increasing the quality of the bank accounting system. The study shows that the acquisition of the modern technology is not based only on feasibility, but in response to the requirement of the competition and the customers' satisfaction.
This article attempts to examine the networked business as a partnership strategy in a very complicated competitive context. At first, we focus on the design, characteristics and the different strategic objectives undertaken by the forms of cooperation. The second part of the article is devoted to determine the decisive factors such as trust and transparency as well as shared interest adopted by the managers to build a sustainable partnership network.
The financial transactions witnessed an explosion and huge dealings with financial derivatives. The sense of these assets comes from the dependence of their values on the principal ones (the original asset: bond, equity, exchange rate…). The objective behind the emergence and the wide uses of them is to hedge the financial securities against risks and reduce the volatility of their revenues. This paper attempts to shed light on the impact of the financial derivatives on the safety and soundness of the banking system by analyzing the determinants of this impact and the sensitiveness of the banking system to risks associated by the usage of the financial derivatives.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.