https://www.um.edu.mt/library/oar/handle/123456789/67429 Tue, 23 Jun 2026 23:25:57 GMT 2026-06-23T23:25:57Z https://www.um.edu.mt/library/oar/handle/123456789/67559 Title: Journal of Corporate Governance, Insurance and Risk Management : volume 4 : issue 1 Editors: Todorović, Igor; Grima, Simon; Özen, Ercan; Tipurić, Darko Abstract: 1/ Peter J. Baldacchino, Lindsay M. Farrugia, Simon Grima - The applicability of the social enterprise in a small state : the case of Malta; 2/ Stevo Pucar - Declining supply and rising demand for labour : the consequences in the Republic of Srpska; 3/ K. Vidyavathi - Rise and fall of ulips in Indian life insurance market; 4/ Evelyn Madziba - Street vending in Zimbabwe : an urban scourge or viable enterprise; 5/ Gajendra Singh, Sergey Urievich Chernikov, Shailender Singh - The efficacy of sustainability of entrepreneurs on long term commitments and tradition : a case of India; 6/ Linda C. Gumbo, Douglas Halimani, Misheck Diza - Perceived usefulness (PU) and perceived ease of use (PEOU) as key drivers of mobile banking adoption : a case of Zimbabwe Sun, 01 Jan 2017 00:00:00 GMT https://www.um.edu.mt/library/oar/handle/123456789/67559 2017-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/67558 Title: The applicability of the social enterprise in a small state : the case of Malta Authors: Baldacchino, Peter J.; Farrugia, Lindsay M.; Grima, Simon Abstract: The main objective of this study is to assess the social, financial and corporate governance (CG) implications of the proposed social enterprise (SE) legislation in Malta. In light of such implications, the study also assesses the applicability of the SE under such legislation. A mixed methodology was adopted. Fifteen interviews were held with experts. Such data was supplemented by 52 valid responses to a questionnaire sent both to co-operatives and voluntary organisations (VOs) in Malta. The study concludes that the proposed legislation has various positive social, financial and CG implications and that the SE, as being proposed, is applicable and filling a void within the Maltese environment. Although such legislation offers both a new legal form and a label, its reference to the Companies Act which ignores SEs’ unique social dimension is questionable. Alternatively, a holistic SE regulatory framework may be developed. Furthermore, statutory thresholds, such as for dividend distribution and trade income, are to be possibly rendered more flexible. This study aspires to raise awareness about the implications of a proposed regulatory framework in Malta, hence hopefully promoting the application of the concept. Sun, 01 Jan 2017 00:00:00 GMT https://www.um.edu.mt/library/oar/handle/123456789/67558 2017-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/67557 Title: Declining supply and rising demand for labour : the consequences in the Republic of Srpska Authors: Pucar, Stevo Abstract: The aim of this research is to provide projections of the labor market in the Republic of Serbska, as a part of Bosnia and Herzegovina (RS) in the period 2017 - 2021, based on an analytical approach and precise indicators. The basic methodology in creating projections on the labor market in the Republic of Serbska (RS) is statistical extrapolation of trends in demand and supply of labor at the level of the RS. Data for this study were standard reports of statistical institutions (Statistical Yearbook, Labor Force Survey, etc.), as well as special reports generated for the specific needs of this research. The results show that in the next 6 years, the number of workingage population will shrink by a further 59,000 people with 867,000 to 808,000. Out of the total working-age population, ie the active population. labor force (the sum of employed and unemployed) is will not change greatly, while the level of the inactive population, ie. working-age population not seeking employment will drop significantly. On the other hand, our projections show that, even in terms of the decline in the workingage population, the demand for labor will continue to grow. Also, according to projections, the number of unemployed ie. the excess of supply over demand of the labor force will decrease in the period 2017-2021. All this will not be without impact on wage levels. Total average gross wages will rise by 2021, but wage growth in the manufacturing industry will be much more pronounced. Therefore, it is essential to increase productivity and added value of companies because it is the only way to compensate for this increase in wages. Sun, 01 Jan 2017 00:00:00 GMT https://www.um.edu.mt/library/oar/handle/123456789/67557 2017-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/67553 Title: Rise and fall of ulips in Indian life insurance market Authors: Vidyavathi, K. Abstract: Reforms in the insurance sector were introduced much later in fact almost a decade later with the enactment of the Insurance Regulatory and Development Authority Act 1999, which facilitated the liberalization and opening of the insurance sector. There were two options before the Government of India to privatize insurance sector viz. (a) selling of two public sector insurance companies (LIC and GIC) to private and (b) allowing private sector to enter into insurance market and compete with the LIC and GIC. The Government took the latter route to open the insurance sector in 2000 and LIC and GIC were left untouched. Indian private companies entered the market as joint ventures with some of world’s largest insurance companies. Coexistence of private and public companies heightened competition and Indian insurance sector witnessed several significant changes such as a large number of new innovative products, improved distribution channels and the introduction of world class regulatory and supervisory standards. The most significant product innovation in the life insurance segment is the introduction of unit linked products (ULIPs). Unit linked plans offer long term investment option plus life coverage. In fact ULIPs are combination of both investment and insurance.In this research paper an attempt is made (a) to examine the rise and fall of ULIPs across the private insurers and LIC in the Indian insurance market by analyzing the distribution of first year premium during 2003- 14 . The materials in the form of data and information are gathered from the Annual Reports of IRDA and Reports of Economic Survey of India of various years. The data and information collected were processed presented and analyzed using SPSS version 20. Mann Whitney Test Z value (equivalent to Wilcoxon’s rank sum z test) is also used in addition to the calculation of growth rate and percentage contribution of ULIPs to the total premium. Sun, 01 Jan 2017 00:00:00 GMT https://www.um.edu.mt/library/oar/handle/123456789/67553 2017-01-01T00:00:00Z