https://dj.univ-danubius.ro/index.php/AUDOE <p><strong>Recognized by CNCSIS B+ Category</strong><br><strong>Frequency:&nbsp; 6 issues per yea</strong>r&nbsp;(28 February, 30 April, 30 June, 30 August, 30 October, 15 December)<br><strong>Print ISSN: 2065-0175</strong><br><strong>Online ISSN: 2067 – 340X&nbsp;</strong><br><br></p> Danubius University Press en-US Acta Universitatis Danubius. Œconomica 2065-0175 <p>The author fully assumes the content originality and the holograph signature makes him responsible in case of trial.</p> https://dj.univ-danubius.ro/index.php/AUDOE/article/view/3177 <p>This study employs the Statistical Cost Accounting (SCA) econometric framework to evaluate the impact of asset-liability management (ALM) on the profitability of Zimbabwean commercial banks. It explores how efficient ALM strategies can optimize asset allocation, mitigate bank failures, and enhance performance in volatile economic environments. Building on prior research and practical experience in bank treasury management, the paper extends the SCA model to the unique context of evolving regulatory conditions and macroeconomic volatility, addressing gaps in understanding the interplay between ALM strategies, strategic leadership, and profitability. A panel dataset of 15 Zimbabwean banks spanning 2010-2023 was analyzed using R. Quantitative methods included variance inflation factor (VIF) tests, heteroskedasticity tests, Lagrange Multiplier (LM) tests, and pooled Ordinary Least Squares (OLS) regression with robust standard errors to examine the relationships among ALM variables, macroeconomic factors (GDP growth), and return on assets (ROA) as a measure of profitability. The findings confirm ALM’s significant influence on profitability, with an adjusted R-squared of 46.51% and model significance (F-statistic, p = 0.0084). Asset management variables positively impact ROA (supporting Hypothesis 1), while liability management variables negatively affect profitability due to funding cost implications (supporting Hypothesis 2). The combined composition of assets and liabilities validates Hypothesis 3, and overall model significance supports Hypothesis 4, confirming a statistically significant relationship between ALM and profitability of Zimbabwean commercial banks. The study provides actionable insights for bank treasurers, policymakers, and regulators, emphasizing the importance of optimizing ALM practices to sustain performance and enhance balance sheet resilience. Asset-Liability Management Committees (ALCOs) can leverage these findings to identify high-return assets, refine allocation strategies, and optimize funding costs. By applying the SCA econometric model to Zimbabwe, this research addresses a critical gap in banking literature, offering a comprehensive analysis of ALM’s role in profitability. It contributes to the broader discourse on banks’ financial performance and resilience under economic uncertainty, advancing the application of the SCA framework in frontier markets.</p> Jealous Chishamba Copyright (c) 2025 Jay Chishamba https://creativecommons.org/licenses/by-nc/4.0 2025-04-04 2025-04-04 21 2 7 36 https://dj.univ-danubius.ro/index.php/AUDOE/article/view/3140 <p>The present article delves into the relationship between the size of national financial systems and the level of countries’ sustainable development. The research’s relevance and importance are justified by the need to meet sustainability standards in society development and the crucial role of financial systems in the generative processes of sustainable development. The authors’ objectives were to establish the relationship between financial system size, measured through financial depth, and the sustainability level of national economies; measure the correlation between financial system depth and macroeconomic and financial parameters; and develop practical solutions to counter the negative impact of the financial system in the Republic of Moldova, which is characterized by insufficient financial depth, on national economy sustainability. The research process involved the application of system research methods and models, as well as analysis and synthesis, correlation analysis, factor analysis, dynamic analysis, and expert analysis. The article underscores the importance of financial integration at the regional level, the increase of foreign ownership of financial intermediaries, and the adaptation of regulations to the specifics of small financial systems, all of which have significant practical implications.</p> Eduard Kenig Angela Secrieru Copyright (c) 2025 Eduard Kenig, Angela Secrieru https://creativecommons.org/licenses/by-nc/4.0 2025-04-04 2025-04-04 21 2 37 51