Accounting For Financial Instruments: Difficulties With Fair Value Measurement And Reporting, 2014 University of New Hampshire
Accounting For Financial Instruments: Difficulties With Fair Value Measurement And Reporting, Lindsey T. Byrne
No abstract provided.
Financial Liberalization, Reform And Its Impact On Malaysian Islamic Bank Performance, Yagoub Elryah
Dr. Yagoub Ali Elryah
No abstract provided.
Moral Hazard And Arson: Evidence From Decreases In Local House Prices, 2014 SelectedWorks
Moral Hazard And Arson: Evidence From Decreases In Local House Prices, Michael D. Eriksen, James M. Carson
Michael D Eriksen
We assembled data on the determined cause of 5.9 million fires in the United States between 1980 and 2010 to test whether decreases in local housing market prices coincide with increases in arson. Since moral hazard may lead some insured homeowners to disguise the actual cause as accidental, we also examine how decreases in local house prices are associated with the probability of determined causes of accidental fires. We find evidence that declines in local house prices coincided with increases in the per capita rate of fires and the probability of fires determined due to arson or accidental due ...
Facilitating Successful Failures, 2014 University of Maryland Francis King Carey School of Law
Facilitating Successful Failures, Michelle M. Harner, Jamie Marincic Griffin
Approximately 80,000 businesses fail each year in the United States. This article presents an original empirical study of over 400 business restructuring professionals focused on a critical, arguably contributing factor to these failures—the conduct of boards of directors and management. Anecdotal evidence suggests that management of distressed companies often bury their heads in the sand until it is too late to remedy the companies’ problems, a phenomenon commonly called “ostrich syndrome.” The data confirm this behavior, show a prevalent use of loss framing, and suggest trends consistent with prospect theory. The article draws on these data and behavioral ...
Consolidating Student Loans, With A Review Of Student Loans In General, 2014 SelectedWorks
Consolidating Student Loans, With A Review Of Student Loans In General, Richard H. Serlin
Richard H. Serlin
This is a very complete, state of the art article on student loans, and smart student loan strategy for regular people. Thus, honestly, I think it's something very rare. A good way to quickly understand well this important subject.
New Models Of Private Sector Financing Of Not-For-Profit Corporations, 2014 Northeastern University
New Models Of Private Sector Financing Of Not-For-Profit Corporations, Steven H. Mosenson
Law and Policy Doctoral Theses
States have taken several approaches to facilitate private sector investment in nonprofit corporations providing social services. These approaches include (a) fostering the creation of socially conscious, for-profit business entities that can fulfill a social purpose or invest resources in joint ventures with nonprofit corporations; (b) promoting private capital financing vehicles, such as social impact bonds, which incorporate incentives for enhanced return based upon the funded social program's attainment of specified measurable goals, and ( c) promoting public-private partnerships and joint ventures between private sector entity partners and nonprofit corporations to provide capital for investment in the nonprofit corporation's infrastructure ...
Ethics And Market Economic System: A General Review And A Survey, 2014 Walden University
Ethics And Market Economic System: A General Review And A Survey, Reza G. Hamzaee
International Journal of Applied Management and Technology
Recent global recession has motivated this predominantly historical and exploratory research of thoughts and perceptions. A continuous planning of governmental correction of any market failure, such as various types of externalities and information asymmetry, has been strongly recommended by the pioneers of free enterprise systems. Capitalism—in which private ownership of means of production, physical capital, human capital, financial capital, brand-name capital, social capital, land, and mineral deposits are all protected by law without implementation of a series of certain evolving ethical standards and principles—may not continue to be the same efficient system as implied to be by the ...
Local Business Cycles And Local Liquidity, 2014 Singapore Management University
Local Business Cycles And Local Liquidity, Gennaro Bernile, George Korniotis, Alok Kumar, Qin Wang
Research Collection Lee Kong Chian School Of Business
This paper shows that the geographical location of a firm affects its liquidity. Specifically, firm liquidity is higher (lower) when the local economy performs well (poorly) and this effect is more pronounced among larger firms. Further, the impact of local economic conditions on local firm liquidity is stronger when local financing constraints are more binding, the local information environment is more opaque, and local institutional ownership levels are higher. This geographical variation in local liquidity generates predictable patterns in local stock returns. Local stock prices decline and future returns are higher when local liquidity is lower. A trading strategy based ...
Why Not Use Robots To Stabilize Stock Markets?, 2014 SelectedWorks
Why Not Use Robots To Stabilize Stock Markets?, Sergio Da Silva
Sergio Da Silva
Why not set up some public-service robot traders to counteract the behavior of traders when it snowballs into extreme moves? I show a blueprint of how this can be accomplished taking advantage of the theory of complex systems.
Do Loan Loss Reserves Behave Like Capital? Evidence From Recent Bank Failures, 2014 Singapore Management University
Do Loan Loss Reserves Behave Like Capital? Evidence From Recent Bank Failures, Jeffrey Tee Yong Ng, Sugata Roychowdhury
Research Collection School Of Accountancy
Regulatory capital guidelines allow for loan loss reserves to be added back as capital. The evidence in this paper suggests that the influence of loan loss reserves added back as regulatory capital (hereafter referred to as “add-backs”) on bank risk cannot be explained by either economic principles underlying the notion of capital, or accounting principles underlying the recording of reserves. Specifically, we observe that in sharp contrast to the economic notion of capital as a buffer against bank failure risk, add-backs are positively associated with the risk of bank failure during the recent economic crisis. Further the positive association of ...
Easing Up On Quantitative Easing, 2014 Singapore Management University
Easing Up On Quantitative Easing, Singapore Management University
The U.S. Federal Reserve has pumped trillions of dollars into the economy. Is it finally going to stop the flow of cheap money?
Be Smart: Focus On Processes And Diversify, 2014 Singapore Management University
Be Smart: Focus On Processes And Diversify, Singapore Management University
Hedge fund managers have plenty to think about today as China transitions to a consumption-driven economy, bank financing dries up, and Washington lurches along a rocky road.
Hoarding Disorder: It’S More Than Just An Obsession - Implications For Financial Therapists And Planners, 2013 Kansas State University Libraries
Hoarding Disorder: It’S More Than Just An Obsession - Implications For Financial Therapists And Planners, Anthony Canale, Bradley Klontz
Journal of Financial Therapy
Compulsive hoarders feel emotional attachments to their money and possessions, making it difficult for them to spend or discard accumulated items. Traditionally, hoarding has been seen as a symptom of Obsessive Compulsive Disorder (OCD) or Obsessive Compulsive Personality Disorder (OCPD). However, hoarding behavior can be a problem in its own right, without someone meeting the diagnostic criteria for OCD or OCPD. Despite being a mental health disorder that poses a serious public health problem, social costs to the public, and strain on families, there is little empirical work that has examined Hoarding Disorder (HD) from a financial perspective. As with ...
2013 Membership Profile Of The Financial Therapy Association: A Strategic Planning Report, 2013 Kansas State University Libraries
2013 Membership Profile Of The Financial Therapy Association: A Strategic Planning Report, Sarah Asebedo, Megan A. Mccoy, Kristy L. Archuleta
Journal of Financial Therapy
A second profile of the Financial Therapy Association (FTA) membership was conducted to continue the development of financial therapy as a new area of practice and study. The FTA was established in 2010 as an effort to bring together practitioners and researchers from diverse disciplines to share in a common vision of financial therapy. This profile report depicts the demographic profile (e.g., age, education, gender, occupation, income) and perspectives of members who participated in the survey commissioned by the FTA Strategic Planning Committee in 2013. The results of the membership profile survey highlight the future directions of and the ...
Essays On Behavioral Decision Making, 2013 SelectedWorks
Essays On Behavioral Decision Making, Martin Egozcue
Ph.D. Thesis in Economics, Facultad de Ciencias Sociales, Universidad de la República del Uruguay
Financial Literacy In Retirement Planning, 2013 Western Kentucky University
Financial Literacy In Retirement Planning, Jennifer Potts
Honors College Capstone Experience/Thesis Projects
Studying finance, I have been exposed to the retirement plan options and how they work in most of my classes. But when I would talk to my family and friends about what I was learning, I quickly discovered that many people simply had no interest or understanding about the subject. I believe everyone needs to have a basic understanding of where income will come from once they retire. This realization pushed me to study the level of financial literacy about retirement and plan options of adults in the working world and determine how I could bring information about this topic ...
10 Reasons Business Succeed, 2013 SelectedWorks
10 Reasons Business Succeed, Ivan F. Rodriguez
Ivan F Rodriguez
The experience and skills of the top managers. Over half of business failures are directly related to managerial incompetence.
10 Razões Para Um Negócio Ter Sucesso, 2013 SelectedWorks
10 Razões Para Um Negócio Ter Sucesso, Ivan F. Rodriguez
Ivan F Rodriguez
A experiência e habilidades dos gestores de topo. Mais de metade dos negócios fracassados estão diretamente relacionados à incompetência gerencial.
Not All Risk Is Born Equal: The Behavioral Agency Model & Firm Efficacy, 2013 Melbourne Business School
Not All Risk Is Born Equal: The Behavioral Agency Model & Firm Efficacy, Geoffrey P. Martin Dr, Nathan T. Washburn Dr, Marianna Makri Dr
Geoffrey P Martin
We examine the relationship between agent (CEO) risk bearing and the quality of executive risk taking outcomes, by examining the contingency effect of CEO perceived firm efficacy. In doing so, we extend the behavioral agency model (BAM) beyond predictions of risk magnitude to examining how CEO risk taking outcomes differ qualitatively in response to risk bearing. We argue that CEO risk bearing (due to stock options or cash compensation) will positively influence performance outcomes in the presence of higher perceived firm efficacy. However, this positive influence reverses when efficacy is lower. We demonstrate the utility of firm efficacy in exploring ...
Solar Technology In Our World- A Business Approach, 2013 University of Tennessee, Knoxville
Solar Technology In Our World- A Business Approach, Luke Ingalls Liska
University of Tennessee Honors Thesis Projects
No abstract provided.