The Relationship Between Government Expenditure And Gdp In Nonoil Iraqi Economy,
2020
Dijlah University College, Baghdad
The Relationship Between Government Expenditure And Gdp In Nonoil Iraqi Economy, Hasan Radhi
Journal of the Arab American University مجلة الجامعة العربية الامريكية للبحوث
In this paper, the relationship between government ependiture and Gross Domestic Product (GDP) in non-oil Iraqi economy has been examined. This study analyzed the evolution of the government expenditure (consumption and investment) in the Iraqi economy for the period of (1990-2014).It is assumed that non-oil GDP is the indicator that reflects the performance of macroeconomic activity and any decline in GDP is attributed to the increase in the consumer behavior in the government expenditure policy , the proportion of the consumer expenditure,which is financed by oil revenues, and the transformation of state institutions into social security institutions at the expense …
The Impact Of The Shareholders' Rights On The Revenues Of The Banking Services: A Case Study From The Iraqi Private Commercial Banks,
2020
Dijlah University College, Baghdad
The Impact Of The Shareholders' Rights On The Revenues Of The Banking Services: A Case Study From The Iraqi Private Commercial Banks, Ali Bni Lam
Journal of the Arab American University مجلة الجامعة العربية الامريكية للبحوث
The research aimed to measure the type and direction of the relationship between the shareholders ' rights and the revenues of the banking services for a sample of Iraqi private commercial banks, which were selected in the style of the cluster sample. The two selected banks were: the Iraqi Islamic Bank for Investment and Development, and the Kurdistan International Bank for Investment and Development. After accomplishing the process of the quantitative analysis for the data of the two banks, the null hypothesis was accepted. This shows the absence of the relationship between the total shareholders' rights and revenues of banking …
Regulation Of Securities Offerings In California: Is It Time For A Change After A Century Of Merit Regulation?,
2020
Loyola Marymount University and Loyola Law School
Regulation Of Securities Offerings In California: Is It Time For A Change After A Century Of Merit Regulation?, Neal H. Brockmeyer
Loyola of Los Angeles Law Review
The California securities law originated in 1913 from a populist movement that embodied a paternalistic attitude toward the protection of investors. It was characterized by the registration of offerings of securities with few exemptions and exclusions, a qualitative review of the merits of those offerings and an administrator with broad authority to implement and enforce the law. While the California securities law is still based on merit review, exclusions and exemptions have been added and expanded over the years by the California legislature and securities regulators. More recently, Congress has preempted state registration and merit review of various securities and …
How Does The Capability Of Top Management Influence Financial Reporting Fraud?,
2020
Bryant University
How Does The Capability Of Top Management Influence Financial Reporting Fraud?, Michael Wojcikiewicz
Honors Projects in Finance
This study examines the attributes which capture the capability of a perpetrator to engage in financial reporting fraud. Fraudulent financial reporting can be devastating for a company and its employees. Capability includes such measures as the person’s position and the function in which they work. The study reveals how capability influences the occurrence of fraud, the amount of the fraud, and whether capability interacts with concealing the fraud from an audit. The results of the thesis should assist fraud professionals, investors, and regulators as well as stakeholders of corporations by examining publicly available data and highlighting characteristics that can contribute …
Data Driven Value-At-Risk Forecasting Using A Svr-Garch-Kde Hybrid,
2020
Humboldt-University Berlin
Data Driven Value-At-Risk Forecasting Using A Svr-Garch-Kde Hybrid, Marius Lux, Wolfgang Karl Hardle, Stefan Lessmann
Sim Kee Boon Institute for Financial Economics
Appropriate risk management is crucial to ensure the competitiveness of financial institutions and the stability of the economy. One widely used financial risk measure is value-at-risk (VaR). VaR estimates based on linear and parametric models can lead to biased results or even underestimation of risk due to time varying volatility, skewness and leptokurtosis of financial return series. The paper proposes a nonlinear and nonparametric framework to forecast VaR that is motivated by overcoming the disadvantages of parametric models with a purely data driven approach. Mean and volatility are modeled via support vector regression (SVR) where the volatility model is motivated …
Financial Performance Of Shipping Firms That Increase Lng Carriers And The Support Of Eco-Innovation,
2020
Singapore Management University
Financial Performance Of Shipping Firms That Increase Lng Carriers And The Support Of Eco-Innovation, Kian Guan Lim, Michelle Lim
Research Collection Lee Kong Chian School Of Business
The technology to liquefy natural gas for transport to countries worldwide and the increasing use of natural gas as a cleaner fossil fuel for industry and household meant that the supply of liquified natural gas (LNG) worldwide is a profitable trend. Shipping companies can strategically choose to diversify into LNG fleet to grasp this trend. By supplying more LNG shipping capacities, the greater availability of LNG worldwide, as a source of marine fuel and as a source of cleaner energy in replacing coal and oil, is supporting eco-innovation. In this paper, we investigate three economic and financial benefits to a …
What Do Short Sellers Know?,
2020
Singapore Management University
What Do Short Sellers Know?, Ekkehart Boehmer, Charles M. Jones, Juan (Julie) Wu, Xiaoyan Zhang
Research Collection Lee Kong Chian School Of Business
Using NYSE short-sale order data, we investigate whether short sellers' informational advantage is related to firm earnings and analyst-related events. With a novel decomposition method, we find that while these fundamental event days constitute only 12% of sample days, they account for over 24% of the overall underperformance of heavily shorted stocks. Importantly, short sellers use both public news and private information to anticipate news regarding earnings and analysts. Shorting's predictive ability remains significant after controlling for information in analyst actions and displays no reversal patterns, indicating that short sellers know more than analysts, and the nature of their information …
Can Retail Investors Learn From Insiders?,
2020
Singapore Management University
Can Retail Investors Learn From Insiders?, Ekkehart Boehmer, Bo Sang, Zhe Zhang
Research Collection Lee Kong Chian School Of Business
This paper examines the trading patterns of retail investors following insider trading and the corresponding price impact. Retail investors follow the opportunistic purchases by insiders, but not their routine purchases. Neither investor attention nor common information such as earnings announcements or analysts forecast re- visions explains the results. They keep following insider purchases in subsequent four quarters. Moreover, for stocks with opportunistic insider purchases, those that retail investors bought yield higher cumulative abnormal returns than those that retail investors sold. The effect is mostly driven by the information compo- nent of the retail trades, rather than liquidity provision or temporary …
Macroeconomic Stabilization In The Digital Age,
2020
Asian Development Bank Institute
Macroeconomic Stabilization In The Digital Age, John Beirne, David Fernandez
Research Collection Lee Kong Chian School Of Business
Macroeconomic Stabilization in the Digital Age provides insights into factors affecting the macroeconomic management of the economy in the digital age. Policy makers need to be aware of the increasing prominence of the digital economy and digital finance and seek to better understand how continued digitalization will affect policies aimed at managing the economy. For emerging market economies (EMEs), macroeconomic policy challenges have been exacerbated by the digital finance revolution in the aftermath of the global financial crisis and the coronavirus disease (COVID-19) pandemic, when many EMEs experienced large and volatile capital flows. Policy makers must also navigate through fluctuating …
Empowering Singapore’S Smes: Fintech P2p Lending — A Lifeline For Smes’ Survival?,
2020
Singapore Management University
Empowering Singapore’S Smes: Fintech P2p Lending — A Lifeline For Smes’ Survival?, Grace Lee, Alan Megargel
Research Collection School Of Computing and Information Systems
The COVID-19 pandemic has sent shock waves throughout the world, pushed countries into lockdown, and wreaked havoc on the world’s people and the global economy. The damage to economies around the world caused by the COVID-19 pandemic has far exceeded that of the global financial crisis. While all businesses suffered hugely, it would be of grave consequence if the small and medium-sized enterprises (SMEs), an important segment of every country’s economy, are unable to withstand the shock wave and sustain themselves beyond this pandemic. The COVID-19 pandemic has highlighted the importance of cash flow or working capital for the viability …
The Hedge Fund Evolution,
2020
Singapore Management University
The Hedge Fund Evolution, Suhaimi Zainul-Abidin
Asian Management Insights
Hedge funds offer numerous possible outcomes for investors and fund managers, but there is just no way the future can be predicted consistently during these uncertain times.
A Matter Of Life In Debt,
2020
Singapore Management University
A Matter Of Life In Debt, Deepika Deshpande
Asian Management Insights
Moving away from using debt to tackle economic downturns.
Health Have, Health Have Nots In A Time Of Covid-19,
2020
Boston University
Health Have, Health Have Nots In A Time Of Covid-19, Sandro Galea
Center for Policy Research
In this brief, my goal is to talk about something which has animated a lot of my thinking and writing in the past decade. It is how our health is fundamentally socially patterned and reflects the world around us. This has been true for decades in this country, and one could also argue, globally, however this brief will focus on this topic at the national level. As you will see, I will talk mostly of health haves and health have nots in general, but as we progress, show how COVID-19 has made this evermore apparent.
Investor Behavior In The Midst Of A Global Pandemic,
2020
Grand Valley State University
Investor Behavior In The Midst Of A Global Pandemic, Abigail N. Bates
Honors Projects
Investors partaking in portfolio and asset management through the stock market and other avenues do so with certain reasoning and methods in hand. Each investor may have different interests and risk tolerances that guide their choices for investment. Behavioral finance allows for an in-depth look at an investor’s actions and the influencing psychology behind it. Before this approach was popularized, early studies of finance assumed that investors were always rational in their decision making and put resources only into opportunities that would increase their utility or happiness. The behavioral finance approach takes a more comprehensive look at these behaviors and …
The Dorian Gray Phenomenon In Financial Markets,
2020
Singapore Management University
The Dorian Gray Phenomenon In Financial Markets, Ajay Makhija
Asian Management Insights
Looking at the current state of the global economy and the extent of financial market hedonism through the lens of Oscar Wilde’s “The Picture of Dorian Gray”.
Bank Partnership And Liquidity Crisis,
2020
Queensland University of Technology
Bank Partnership And Liquidity Crisis, Seungho Choi, Yong Kyu Gam, Junho Park, Hojong Shin
Research Collection Lee Kong Chian School Of Business
This study empirically investigates the relationship between banking integration and liquidity management. To measure banks’ connectivity, we use the number of partnerships proxied via the syndicated loan arrangements in which they serve as lead arrangers. If banks establish more business partnerships through syndicated loan arrangements, those under market stress are more likely to face increased funding costs, create reduced liquidity, and originate declined small business loans and mortgages. Those banks with more partners are shown to have a lower liquidity coverage ratio, suggesting that business partnerships create a disincentive toward liquidity risk management.
The Effect Of The Affordable Care Act On Medicaid Payments In Long-Term Care Facilities,
2020
Marshall University
The Effect Of The Affordable Care Act On Medicaid Payments In Long-Term Care Facilities, Victoria Walker, Morgan Ruley, Laikyn Nelson, Whitney Layton, Alberto Coustasse
Management Faculty Research
Long-term care has been defined as a continuation of medical services, social services, and housing for patients with chronic health conditions, limiting their abilities to partake in everyday activities. In the United States, the Affordable Care Act (ACA) was enacted to expand coverage for Medicaid and improve healthcare quality and cost. This qualitative research study aimed to evaluate the impact of the (ACA) on long-term care to determine if it has increased Medicaid payments. The methodology for this study utilized a systematic review complemented by a semi-structured interview. It was found that the ACA has increased Medicaid payments, and the …
How To Make Venture Capital Funding Work For You,
2020
Singapore Management University
How To Make Venture Capital Funding Work For You, Ser Keng Ang
Research Collection Lee Kong Chian School Of Business
From Facebook to Google, some of the biggest brands we know today got their start from venture capital funding. Prof Ang Ser Keng from the Lee Kong Chian School of Business, shares how and when involving venture capitalists in your startup can propel it to success.
When You Don’T Know What You Don’T Know: How Two New Collections Librarians Right-Sized A Collections Budget,
2020
Grand Valley State University
When You Don’T Know What You Don’T Know: How Two New Collections Librarians Right-Sized A Collections Budget, Cara M. Cadena, Marcia Lee
Charleston Library Conference
Due to impending campus-wide downsizing, the Grand Valley State University (GVSU) Libraries projected that a worst-case scenario would result in a 14% cut to the library’s collections budget for fiscal year 2020. In the same year, GVSU Libraries welcomed several new members of its leadership team, including the dean, two associate deans, head of systems, head of collections, business administrator, and a vacancy after the long-time acquisitions manager retired. Budget cuts and staff turnover are tough, but they prompted a much-needed reassessment of roles, culture, and priorities in the library. Different approaches to spending and curating the library’s collections were …
Investment Advisor Succession Planning: Attitudes, Norms, And Control,
2020
University of Missouri-St. Louis
Investment Advisor Succession Planning: Attitudes, Norms, And Control, Don Mueth
Dissertations
This study investigated succession planning intentions of investment advisors who lead their small businesses. We employed the theory of planned behavior to better understand the attitudes, norms and perceptions of control that impact these business leaders’ intentions to plan. Our research included a pilot study of interviews with 10 investment advisors and a main study of advisor survey responses. With a sample size of 198 participants, we analyzed survey responses measuring traditional TPB constructs as well as involvement in outside activities. Using two-step structural equation modeling, our model fit was acceptable, and our results supported our hypotheses that beliefs, attitudes, …
