https://www.um.edu.mt/library/oar/handle/123456789/28544 2026-06-01T05:51:03Z https://www.um.edu.mt/library/oar/handle/123456789/29262 Title: The influence of crude oil price in biodiesel and its implication on the production of palm oil : the case of Indonesia Authors: Murti, Wahyu Abstract: Over the last five years (2012-2016) there has been a rise in world oil prices which were very noticeable on an average of 17,85 percent per year. This increase encouraged the increased use of alternative fuels, one of which was biodiesel. It was estimated that the average increase in global biodiesel production amounted to 43.18 percent per year. Because one of biodiesel feedstocks was CPO, the increased production of biodiesel causes CPO export demand to increase simultanesly. The Bio-diesel utilization is also expected to reduce oil consumption. The purpose of this paper is to examine the influence of crude oil price increase on the Bio-diesel utilization, oil consumption reduction, and pollutant emission reduction. 2017-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/29260 Title: The impact of sovereign debt on growth : an empirical study on GIIPS versus JUUSD countries Authors: Ewaida, Haytham Y. M. Abstract: This study aims at concluding the general debt impact on economic growth for two different groups of countries during the period (1993-2013). Results showed negative impact of public debt on economic growth on short and long terms. Impact percentage differs according to countries and interpretive variables that interpret the relationship. Negative impact of debt starts from levels between 60-90% of gross domestic product on long term; its impact becomes bigger on long and short terms when percentage is higher than 90% of gross domestic product, whereas raise of public debt by 10% leads into decreasing economic growth by 1-2% in average. Results showed that the variables which affect the economic growth the most are savings/ investment, population growth, long and short terms of nominal interest rate, current account balance, private credit, inflation, Government budget primary balance, and debt service. Study results also revealed that banking crisis and double crisis are the most negatively reflecting crisis on the economic growth. 2017-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/29259 Title: The mutual impacts of corporate governance dimensions and legal protection systems on the performance of European banks : a post-crisis study Authors: El-Chaarani, Hani Abstract: The paper provides new evidence on the relation between corporate governance practices, legal rights and European banks’ performance during the post-crisis period. Using a sample of 935 banks in 30 European countries, the results reveal that at a high level of legal protection European banks are more able to follow the international recommendations and codes of corporate governance practices and vice-versa. Additional analysis shows that all the corporate governance variables have the same impacts on the banks’ performance. At low, middle and high levels of legal protection, the results reveal positive impacts of committees’ number (such as remuneration, nomination and audit committee) and independent members of banks’ boards. The other dimensions of corporate governance (ownership concentration, executive pay and CEO duality) do not have any impact on bank performance. Only at the low level of legal protection the results show a negative impact on board size on European banks’ performance. 2017-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/29258 Title: The role of feedback and feed forward control system to improve competitive advantage of SMEs in Indonesia Authors: Meutia, Tubagus Ismail; Bukhori, Ahmad Abstract: The purpose of this study is to investigate the influence of feedback and feed forward control as a part of management control system on knowledge and competitive advantage. Unlike previous studies which mostly focused on larger organization, this study focuses on SME which is still limited in developing countries. There are 157 SME managers in Indonesia that become respondent in this study. AMOS 21 program is used as a tool to solve the problems in SEM. The result of this study state that there is a positive relationship between the use of feedback and feed forward control to the improvement of knowledge and competitive advantage of SME. 2017-01-01T00:00:00Z