<strong>Background</strong>: <span style="font-family:;" "=""><span style="font-family:Verdana;">Economic theory suggests that monetary policy through interes...<strong>Background</strong>: <span style="font-family:;" "=""><span style="font-family:Verdana;">Economic theory suggests that monetary policy through interest rates affects bank profitability. There is limited empirical evidence on the relationship between monetary policy and profitability of commercial banks in Uganda. </span><b><span style="font-family:Verdana;">Objective: </span></b><span style="font-family:Verdana;">This study seeks to examine the effect of monetary policy on the profitability of commercial banks in Uganda. </span><b><span style="font-family:Verdana;">Methodology:</span></b><span style="font-family:Verdana;"> The study adopts a causal relationship research design. </span><span style="font-family:Verdana;">Data, covering 9 years from 2010-2018, was collected from all the registered commercial banks which were in operation over the study period. Various monetary policy variables are included in the empirical model as predictor variables. </span><span style="font-family:Verdana;">Return on </span></span><span style="font-family:Verdana;">A</span><span style="font-family:;" "=""><span style="font-family:Verdana;">ssets is used as a measure of bank profitability</span><span style="font-family:Verdana;">. A </span><span style="font-family:Verdana;">dynamic two-step System Generalized Method of Moments panel estimator is applied to estimate the empirical model. </span><b><span style="font-family:Verdana;">Findings:</span></b><span style="font-family:Verdana;"> Estimates show that monetary policy in terms of its link to the lending rate</span></span><span style="font-family:;" "=""> </span><span style="font-family:Verdana;">has a significant causal effect on Return on Assets, suggesting that interest rate changes predict bank profitability of commercial banks in Uganda.</span><span style="font-family:;" "=""> </span><span style="font-family:Verdana;">Further, results</span><span style="font-family:;" "=""> </span><span style="font-family:Verdana;">show that a rise in core inflation has a significant展开更多
Since issued new accounting standards for enterprises in our country, our country the non-monetary assets transaction is using fair value measurement. In the fair value measurement has advantages and disadvantages. Su...Since issued new accounting standards for enterprises in our country, our country the non-monetary assets transaction is using fair value measurement. In the fair value measurement has advantages and disadvantages. Such as can response the present value of enterprise assets, improve the relevance of accounting information. But it also has some problems. Based on the application of fair value in the non-monetary assets exchange, analysis on the problems existing in the practical application, and proposes the corresponding countermeasures and Suggestions.展开更多
"China’s overall situation of nationaleconomy is good," officially announced LiXiaochao, spokesman of the National Bureauof Statistics of China (NBS) on October22nd. In the first three quarters of2009, the ..."China’s overall situation of nationaleconomy is good," officially announced LiXiaochao, spokesman of the National Bureauof Statistics of China (NBS) on October22nd. In the first three quarters of2009, the gross domestic product (GDP)of China was RMB21 781.7 billion, a year-on-year increase of 7.7%, compared withthe 7.1% growth in the first half of展开更多
文摘<strong>Background</strong>: <span style="font-family:;" "=""><span style="font-family:Verdana;">Economic theory suggests that monetary policy through interest rates affects bank profitability. There is limited empirical evidence on the relationship between monetary policy and profitability of commercial banks in Uganda. </span><b><span style="font-family:Verdana;">Objective: </span></b><span style="font-family:Verdana;">This study seeks to examine the effect of monetary policy on the profitability of commercial banks in Uganda. </span><b><span style="font-family:Verdana;">Methodology:</span></b><span style="font-family:Verdana;"> The study adopts a causal relationship research design. </span><span style="font-family:Verdana;">Data, covering 9 years from 2010-2018, was collected from all the registered commercial banks which were in operation over the study period. Various monetary policy variables are included in the empirical model as predictor variables. </span><span style="font-family:Verdana;">Return on </span></span><span style="font-family:Verdana;">A</span><span style="font-family:;" "=""><span style="font-family:Verdana;">ssets is used as a measure of bank profitability</span><span style="font-family:Verdana;">. A </span><span style="font-family:Verdana;">dynamic two-step System Generalized Method of Moments panel estimator is applied to estimate the empirical model. </span><b><span style="font-family:Verdana;">Findings:</span></b><span style="font-family:Verdana;"> Estimates show that monetary policy in terms of its link to the lending rate</span></span><span style="font-family:;" "=""> </span><span style="font-family:Verdana;">has a significant causal effect on Return on Assets, suggesting that interest rate changes predict bank profitability of commercial banks in Uganda.</span><span style="font-family:;" "=""> </span><span style="font-family:Verdana;">Further, results</span><span style="font-family:;" "=""> </span><span style="font-family:Verdana;">show that a rise in core inflation has a significant
文摘Since issued new accounting standards for enterprises in our country, our country the non-monetary assets transaction is using fair value measurement. In the fair value measurement has advantages and disadvantages. Such as can response the present value of enterprise assets, improve the relevance of accounting information. But it also has some problems. Based on the application of fair value in the non-monetary assets exchange, analysis on the problems existing in the practical application, and proposes the corresponding countermeasures and Suggestions.
文摘"China’s overall situation of nationaleconomy is good," officially announced LiXiaochao, spokesman of the National Bureauof Statistics of China (NBS) on October22nd. In the first three quarters of2009, the gross domestic product (GDP)of China was RMB21 781.7 billion, a year-on-year increase of 7.7%, compared withthe 7.1% growth in the first half of
