2011-2012 Revised Operating Budget: Southern University At Shreveport,
2012
Southern University and A&M College
2011-2012 Revised Operating Budget: Southern University At Shreveport, Southern University System. Office Of Finance & Administration.
All Southern University System Budgets
The Southern University at Shreveport 2011-2012 Revised Operating Budget and FY 2013-2013 Budget Request.
2012-2013 Budget Request,
2012
Southern University and A&M College
2012-2013 Budget Request, Southern University System. Office Of Finance & Administration.
All Southern University System Budgets
The 2012-2013 Southern University System Administration & Board of Supervisors Budget Request.
Financial Literacy And Numerical Ability: Keys To Better Mortgage Outcomes,
2012
Singapore Management University
Financial Literacy And Numerical Ability: Keys To Better Mortgage Outcomes, Singapore Management University
Perspectives@SMU
While mortgage credit expansion had lead to a rapid increase of home ownership in the US, the reversal of home prices beginning in 2006 resulted in a substantial increase in mortgage delinquencies and an explosion in outright defaults. Its devastating impact on the associated mortgage backed securities led the US and the world to its worst financial and macroeconomic crisis since the Great Depression, with its deleterious effects still felt today.
Risk Management In A Volatile Market,
2012
Singapore Management University
Risk Management In A Volatile Market, Knowledge@Smu
Knowledge@SMU
The September 2008 collapse of Lehman Brothers was the 9/11 on Wall Street. Since then, the global risk landscape has changed and swings in the equity markets have become more volatile Now, a study of statistically significant changes in global financial risks and sharp increases in conditional Value-at-Risk after September 2008 has suggested a technically superior technique for effective risk management.
Medical Identity Theft,
2012
Eastern Illinois University
Medical Identity Theft, Whitney Walters, Axton Betz
Faculty Research & Creative Activity until 2018 (FCS)
The purpose of this position paper is to provide in formation on medical identity theft. Secondary purposes of this paper are to describe signs of victimization, consequences of victimization, and how to recover from medical identity theft. An additional secondary purpose is to describe how individuals can protect themselves from becoming victims of medical identity theft. More robust public policy need to be developed. And, more educators in the fields of consumer education, business and finance along with those from economics and family services need to develop detailed lessons and programs on medical identity theft and its effects on the …
Indiana State University Financial Report 2012,
2012
Indiana State University
Indiana State University Financial Report 2012, Indiana State University
Financial Reports
No abstract provided.
Enterprise, Not Aid, For Social Change,
2012
Singapore Management University
Enterprise, Not Aid, For Social Change, Kim Tan
Social Space
A wind of change is blowing through the world of aid and philanthropy. The old formula of aid and compassion doesn’t work anymore. In its place, Kim Tanproposes a new model based on enterprise and financial capital.
Beating Market Expectations, Analysts’ Forecasts Dispersion And The Pricing Of Credit Default Swaps,
2012
Butler University
Beating Market Expectations, Analysts’ Forecasts Dispersion And The Pricing Of Credit Default Swaps, Mauricio A. Melgarejo
Scholarship and Professional Work - Business
The purpose of this paper is to study the impact of beating analysts’ forecasts and the impact of analysts’ forecast dispersion on the pricing of firms’ credit default swaps (CDSs). CDS premium is the compensation required by investors for bearing firms’ credit default risk. Sell-side analysts collect market, industry and firm information and provide important information in the form of stock recommendations, stock price targets and accounting number forecasts. For that reason, the information contained in their forecasts may provide additional information to investors to price CDSs. My results show that firms that beat analysts’ earnings and revenue forecasts, and …
Analysis Of Firm Risk Around S&P 500 Index Changes.,
2012
San Jose State University
Analysis Of Firm Risk Around S&P 500 Index Changes., Stoyu Ivanov
Faculty Publications
In this study we extend the work of Vijh (1994), barberis, Schleifer and Wurgler (2005), Denis, McConnell, Ovtchinnikov and Yu (2003) and Geppert, Ivanov and Karel (2011) by examining the effect of the addition to or deletion from the S&P 500 Index on the firm's Fama - French four factor model loadings before and after the event. We find that added to and deleted from the S&p 500 Index firms experience unique sensitivity to the small cap minus Big cap (SMB) and momentum (UMD) factors. this finding and robustness tests indicate that addition to and deletion from the S&P 500 …
Analysis Of Bank Performance In California And The Rest Of The Twelfth Federal Reserve District,
2012
San Jose State University
Analysis Of Bank Performance In California And The Rest Of The Twelfth Federal Reserve District, Stoyu Ivanov
Faculty Publications
In this study I examine the performance and sensitivity of performance to macro factors of banks headquartered in California and banks headquartered in the rest of the states in the Twelfth Federal Reserve District. I find that prior to the financial crisis which started in the fourth quarter of 2007 the non-California banks outperformed California banks; however, towards the end of the financial crisis California banks outperformed non-California banks. I also find higher macro factor sensitivities of non-California banks indicating more macro risk carried by these institutions. The higher risk explains the superior performance in expansions and underperformance in recessions …
Reit Etfs Performance During The Financial Crisis.,
2012
San Jose State University
Reit Etfs Performance During The Financial Crisis., Stoyu Ivanov
Faculty Publications
In this study the “disintegration hypothesis” is tested. It is examined whether the Vanguard Real Estate Investment Trust and iShares Dow Jones US Real Estate Index Fund exchange traded funds disintegrate from their underlying indexes during the recent financial crisis. Failure to support the “disintegration hypothesis” of the exchange traded fund and underlying index is found. It is also found that the Vanguard Real Estate Investment Trust exchange traded fund is consistently cointegrated with its underlying index the MSCI US REITs Index, before, during and after the financial crisis. It is also found that the iShares Dow Jones US Real …
The Odd Quarter Research Report, First Quarter, Volume 1, Issue 1,
2012
Bryant University
The Odd Quarter Research Report, First Quarter, Volume 1, Issue 1, Bryant University, Archway Investment Fund
Archway Investment Fund
No abstract provided.
Ua94/5/4 Student/Alumni Personal Papers Bowling Green Business University W.A. Whitlow,
2012
Western Kentucky University
Ua94/5/4 Student/Alumni Personal Papers Bowling Green Business University W.A. Whitlow, Wku Archives
WKU Archives Collection Inventories
Accounting books created by W.A. Whitlow for courses taken at the Bowling Green Business University.
Housing Issues And Solutions For The Residents On The Pine Ridge Reservation, South Dakota,
2012
Eastern Illinois University
Housing Issues And Solutions For The Residents On The Pine Ridge Reservation, South Dakota, Dana Tell, Axton Betz
Faculty Research & Creative Activity until 2018 (FCS)
This position paper details the poor housing and living conditions of American Indians in Pine Ridge Reservation and proposes some solutions to the problems. These include training for home upkeep and repair and owner education classes.
Imports, Unionization And Racial Age Discrimination In The Us,
2012
Marshall University
Imports, Unionization And Racial Age Discrimination In The Us, Jacqueline Agesa, Richard U. Agesa
Economics Faculty Research
Past studies of the relationship between competition and racial wages find that domestic competition reduces racial wage discrimination of nonunion workers. This article examines the effects of foreign competition on racial wages of union and nonunion workers utilizing an empirical model which allows for cluster-adjusted SEs by industry. Such a procedure allows independence of observations across industries but not within industries, thereby not overstating the significance of industry invariant controls. In this analysis, clustered SEs prevent the overstatement of the significance of imports as a means to reduce earnings discrimination. We find evidence of a wage premium for nonunion white …
Economic Deregulation And Corporate Dividend Policy,
2012
Wayne State University
Economic Deregulation And Corporate Dividend Policy, Xinghua Gao
Wayne State University Dissertations
I investigate the evolution of corporate dividend policy in response to the changing operating environment induced by economic deregulation from the 1970s-1990s. Specifically, I examine the impact of deregulation on the firm's propensity to pay dividends, dividend payout ratio, the sensitivity of corporate dividend policy to current and past earnings, changes in the information content of dividends, and changes in corporate financing behavior along the deregulation process. Empirical results reveal that economic deregulation per se does not have significant impacts on firms' propensity to pay dividends. However, it seems that firms reduce dividend payout along the deregulation process and adjust …
A Crisis Of Confidence: Understanding Money Markets During The Financial Crisis,
2012
Miami University - Oxford
A Crisis Of Confidence: Understanding Money Markets During The Financial Crisis, Mark D. Griffiths, Vladimir Kotomin, Drew B. Winters
Faculty Publications – Finance, Insurance, and Law
The money markets are at the heart of the recent financial crisis and are the subject of substantial news coverage. However, much of what was reported showed a lack of understanding of money markets in general and, a specific lack of understanding as to why the financial crisis unfolded as it did in these markets. The purpose of this paper is to discuss what actually happened and why. Specifically, we discuss: (1) the economic role of the money markets, (2) the institutional features of the money markets central to the financial crisis and, (3) what actually happened in the various …
2011-2012 Financial Summary,
2012
Morehead State University
2011-2012 Financial Summary, Morehead State University. Budget & Financial Planning Office.
Morehead State University Financial Summaries Archive
2011-2012 Financial Summary of Morehead State University.
Comparing Market-Based And Financial Statement-Based Stock Valuation Models: Implications For Growth Expectations And Differences Across Time Periods,
2012
University of Texas at Arlington
Comparing Market-Based And Financial Statement-Based Stock Valuation Models: Implications For Growth Expectations And Differences Across Time Periods, Jacqualyn Ann Fouse
Finance and Real Estate Dissertations - Archive
The value of a share of common stock in a publicly-listed company should be equal to the present value of the future cash flows the company is forecast to produce, andultimately pay out to its stockholders. Expectations for these flows may incorporate information that goes beyond current earnings discounted into perpetuity as per the Dividend Discount Model (DDM). By comparing a market-based valuation model with a financial statement-based valuation model this paper seeks to find evidence of information embedded in market valuations that may not be captured in financial statement-based valuations. The analysis endeavors first to identify a component of …
Essays On Option Market Information Content, Market Segmentation And Fear,
2012
University of Texas at Arlington
Essays On Option Market Information Content, Market Segmentation And Fear, Mishuk Anwar Chowdhury
Finance and Real Estate Dissertations - Archive
This dissertation consists of three essays. The first essay tests whether stock returns can be predicted using divergence from put-call parity. Using a robust methodology that controls for the early exercise premium of American put and call options, the study shows that stocks with upside divergence from put-call parity outperform stocks with downside divergence from put-call parity. Predictability is persistent over multiple holding periods and divergence is also predictive of tail events. The second essay examines segmentation of equity and option markets in the presence of information asymmetry. The study uses the slope of the implied volatility skew as a …
