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Articles 1561 - 1590 of 1934

Full-Text Articles in Finance

Past Financial Reporting Credibility: Does It Influence Market Perceptions Of Fair Value Assets?, Jason M. Rehhaut Jan 2011

Past Financial Reporting Credibility: Does It Influence Market Perceptions Of Fair Value Assets?, Jason M. Rehhaut

CMC Senior Theses

During the financial crisis, many assets became illiquid and ceased trading on the open market, thus classifying them as level three assets. This study attempts to determine whether fair value asset disclosures, especially level three assets, were viewed by the market as valued correctly, given the amount of subjectivity involved. This paper will discuss prior literature on the topics of fair value accounting, various earnings quality measures, and corporate governance impact on fair value disclosures. Using models similar to prior papers, many of the coefficients of interest proved insignificant. However, the models improved when examining only the least credible firms.


Performance Of The Indian Banking Industry Over The Last Ten Years, Saumya Lohia Jan 2011

Performance Of The Indian Banking Industry Over The Last Ten Years, Saumya Lohia

CMC Senior Theses

This paper analyzes the performance of Indian banks over the period of the last ten years. It uses the CAMEL Framework to determine the performance of public and private banks in India. The paper also conducts an empirical analysis to determine the share price performance of Indian banks relative to the share price performance of banks in Hong Kong, Europe and the US. This paper finds that private banks perform better than public banks overall based on the CAMEL Framework. In addition it also finds that the Indian banks share price performance is dependent on the share price performance of …


Mexico Consensus Economic Forecast, Volume 14, Number 1, Thomas M. Fullerton Jr., Teodulo Soto Jan 2011

Mexico Consensus Economic Forecast, Volume 14, Number 1, Thomas M. Fullerton Jr., Teodulo Soto

Departmental Papers (E & F)

No abstract provided.


مدى تطبيق واعتماد المصارف المحلية العراقية للحوكمة المصرفية.. دراسة ميدانية لعينة من المصارف العاملة في القطاعين الحكومي والخاص في بيئة العمل العراقية, محمد سمير دهيرب Jan 2011

مدى تطبيق واعتماد المصارف المحلية العراقية للحوكمة المصرفية.. دراسة ميدانية لعينة من المصارف العاملة في القطاعين الحكومي والخاص في بيئة العمل العراقية, محمد سمير دهيرب

Muthanna Journal of Administrative and Economics Sciences

تهدف الدراسة إلى التعرف على الحوكمة المصرفية وفقا لمبادئ وقواعد الحوكمة الصادرة عن منظمة التنمية والتعاون الاقتصادي (OECD) ولجنة بازل Basel) ) للرقابة المصرفية، حيث جاءت الدراسة لتسلط الضوء على مفاهيم وأهداف ومزايا الحوكمة, وقد تم تطبيق الحوكمة المصرفية في عينة من المؤسسات المالية ومنها المصارف المحلية العاملة في البيئة العراقية باعتبارها الركائز الأساسية للاقتصاد الوطني واحد دعائمه وذلك باستخدام أسلوب استمارات الاستبانة في مجتمع الدراسة المتكون من (30) موظف. إن أهم ما جاء بالدراسة من استنتاجات، أن مبادئ الحوكمة عند تطبيقها من شأنها أن تؤدي إلى تحقيق العدالة والشفافية وحماية حقوق المودعين وتعمل على تخفيض معدلات الفساد المالي والإداري …


The Impact Of Transaction Duration, Volume And Direction On Price Dynamics And Volatility, Anthony S. Tay, Christopher Ting, Yiu Kuen Tse, Mitchell Warachka Jan 2011

The Impact Of Transaction Duration, Volume And Direction On Price Dynamics And Volatility, Anthony S. Tay, Christopher Ting, Yiu Kuen Tse, Mitchell Warachka

Research Collection School Of Economics

We explore the role of trade volume, trade direction, and the duration between trades in explaining price dynamics and volatility using an Asymmetric Autoregressive Conditional Duration model applied to intraday transactions data. Our results suggest that volume, direction and duration are important determinants of price dynamics, while duration is also an important determinant of volatility. However, the impact of volume and direction on volatility is marginal after controlling for duration, and the impact of volume on volatility appears to be confined to periods of infrequent trading.


Quasi-Option Value Under Strategic Interactions, Tomoki Fujii, Ryuichiro Ishikawa Jan 2011

Quasi-Option Value Under Strategic Interactions, Tomoki Fujii, Ryuichiro Ishikawa

Research Collection School Of Economics

We consider a simple two-period model of irreversible investment under strategic interactions between two players. In this setup, we show that the quasi-option value may cause some conceptual difficulties. In case of asymmetric information, decentralized investment decisions fail to induce first-best allocations. Therefore a regulator may not be able to exercise the option to delay the decision to develop. We also show that information-induced inefficiency may arise in a game situation and that under certain assumptions inefficiency can be eliminated by sending asymmetric information to the players, even when the regulator faces informational constraints. Our model is potentially applicable to …


القياس والإفصاح المحاسبي للمسؤولية الاجتماعية في الوحدات الاقتصادية (دراسة تطبيقية في شركة أور العامة للصناعات الهندسية), سعود جايد شاكر, علي نعيم جاسم Jan 2011

القياس والإفصاح المحاسبي للمسؤولية الاجتماعية في الوحدات الاقتصادية (دراسة تطبيقية في شركة أور العامة للصناعات الهندسية), سعود جايد شاكر, علي نعيم جاسم

Muthanna Journal of Administrative and Economics Sciences

تهدف هذه الدراسة إلى تحديد إطار مفاهيمي للقياس والإفصاح المحاسبي عن المسؤولية الاجتماعية من حيث المفهوم والمتغيرات ومجالات التطبيق، والتعرف على أساليب ومداخل القياس والإفصاح عن معلومات المسؤولية الاجتماعية في القوائم الختامية التي تعدها الوحدات الاقتصادية. كذلك تهدف الدراسة إلى إمكانية تطبيق نماذج للمحاسبة عن المسؤولية الاجتماعية تتفق مفاهيمها ومتغيراتها مع ظروف وتركيبة البنيان الاجتماعي والاقتصادي للشركات العاملة في القطاع الصناعي العراقي، وذلك بهدف تقويم الأداء الاجتماعي لتلك الشركات. تم تطبيق هذه الدراسة من خلال اختيار إحدى شركات القطاع الصناعي في العراق (شركة أور العامة للصناعات الهندسية) بوصفها عينة لإعداد القوائم الختامية الاجتماعية مثل قائمة التدفقات النقدية وقائمة النشاط الاقتصادي/الاجتماعي …


وسائل القياس والإفصاح في المحاسبة البيئية (دراسة تطبيقية في محطة توليد الطاقة الحرارية في الناصرية), علي نعيم جاسم Jan 2011

وسائل القياس والإفصاح في المحاسبة البيئية (دراسة تطبيقية في محطة توليد الطاقة الحرارية في الناصرية), علي نعيم جاسم

Muthanna Journal of Administrative and Economics Sciences

تهدف الدراسة الى بيان دور الوحدات الاقتصادية في المحافظة على البيئة واعتبارها جزءاً رئيسياً من اهدافها التي تسعى الى تحقيقها للارتقاء بمستوى الخدمات المقدمة لما لهذا الدور من أهمية في الحياة وخاصة في العراق الذي يعاني في الوقت الحاضر من بيئة ملوثة نسبياً. فقد وضع الباحث حلولاً لعملية القياس والافصاح عن التكاليف البيئية وخاصة في الشركات العامة التي تعمل في ظل ظروف صعبة وقاسية تفرضها اللوائح والقوانين. وفي اطار سعي الباحث لتحقيق هدف الدراسة استند الى الفرضية الرئيسية الاتية ((هناك علاقة وثيقة بين تحمل الوحدات الاقتصادية للكلف البيئية وبين المساهمة الكبيرة لها في مجال المحافظة على البيئة لتحقيق جزء من …


مخاطر التدقيق واثرها على جودة الاداء ومصداقية النتائج (دراسة تطبيقية في الشركة العامة للتجهيزات الزراعية ), ناظم شعلان جبار Jan 2011

مخاطر التدقيق واثرها على جودة الاداء ومصداقية النتائج (دراسة تطبيقية في الشركة العامة للتجهيزات الزراعية ), ناظم شعلان جبار

Muthanna Journal of Administrative and Economics Sciences

مع التطور المتزايد أصبحت مخاطر التدقيق أمراً يهدد نتائج عمل مدقق الحسابات لذا أستوجب الأمر دراسة هذه المخاطر والعوامل المؤثرة فيها من خلال تحديدها وتقدير مستوياتها واحتمالات حدوثها واخذها بالحسبان عند التخطيط والتنفيذ لاجراءات التدقيق بهدف تقليل أثرها، لذا ينبغي التعرف عليها بفاعلية ودراسة العوامل المؤثرة فيها بغية تقدير درجات المخاطر والتعرف على المجالات التي ترتفع فيها واخذ المستويات المقدرة لها في الاعتبار واتخاذ كل ما من شأنه تخفيض حدة تأثيرها في القوائم المالية ومن ثم تقليص مخاطر إبداء رأي تدقيقي غير مناسب إلى أدنى مستوى ممكن ومقبول، ذلك لان رأي المدقق يتسم بالأهمية والخطورة وله تأثير في جهات عديدة، …


Equity Valuation Methods Of Analysts In Malaysia : A Study Of Financial Analyst Coverage Of Airasia Berhad 2007-2011., Intan Suraya Hashim Jan 2011

Equity Valuation Methods Of Analysts In Malaysia : A Study Of Financial Analyst Coverage Of Airasia Berhad 2007-2011., Intan Suraya Hashim

Student Works (2010-2019)

This study examined the valuation methods used by sell-side financial analysts to value AirAsiaBerhad’s (AirAsia) shares. Using content analysis methodology and a survey of analysts who were covering the share, earningsbased valuations appeared to be dominant when AirAsia reported a profit and asset-based valuations appeared to be dominant when AirAsia reported a loss. Our results suggested that the Price-to-Earnings (P/E) ratio is analysts’ preferred earnings-based valuation method. However, we could not conclusively identify their preferred asset-based valuation method. Our results also indicated that analysts changed valuation methods during their coverage of AirAsia’s shares, switching between earnings-based and asset-based valuations as …


Forex Trading Using Metatrader 4 With The Fractal Market Hypothesis, Jonathan Blackledge, Kieran Murphy Jan 2011

Forex Trading Using Metatrader 4 With The Fractal Market Hypothesis, Jonathan Blackledge, Kieran Murphy

Conference papers

This paper reports on the results of a research and development programme concerned with the analysis of currency pair exchange time series for Forex trading in an intensive applications and services environment. In particular, we present some of the preliminary results obtained for Forex trading using MetaTrader 4 with a new set of trend indicators deigned using a mathematical model that is based on the Fractal Market Hypothesis. This includes examples of various currency pair exchange rates considered over different time intervals and use of the indicators in a live trading environment to place a buy/sell order.


Hedging Effectiveness In Crude Palm Oil Market., Rozaimah Zainudin Jan 2011

Hedging Effectiveness In Crude Palm Oil Market., Rozaimah Zainudin

Student Works (2010-2019)

Abstract NA


The Performance Of Nigerian Stock Exchange Sectoral Indices: January 2009 December 2010, Alvan E. Ikoku, George Okorie Dec 2010

The Performance Of Nigerian Stock Exchange Sectoral Indices: January 2009 December 2010, Alvan E. Ikoku, George Okorie

Bullion

The paper reviews the performance of the sectoral indices during the first twenty-four months of their existence, i.e., between their inception in January 2009 and December 2010. The authors seek to examine not only the raw performance of the indices but also their risk-adjusted performance. The results of the analysis will facilitate the allocation of capital by institutional as well as individual investors in the Nigerian equity market. The rest of the paper is organized as follows. Section 2 discusses the transformation of the indices and their correlation. In section 3, we examine the nominal performance of the sectoral indices …


The Role Of Economic Community Of West African States (Ecowas) In Promoting Borderless Trade In West Africa., Adam J. Akperan, Sanni Ganiyu Kayode Dec 2010

The Role Of Economic Community Of West African States (Ecowas) In Promoting Borderless Trade In West Africa., Adam J. Akperan, Sanni Ganiyu Kayode

Bullion

The Economic Community of West African States (ECOWAS) is a regional group of fifteen countries, founded in 1975. Its mission is to promote economic integration in "all fields of economic activities, particularly industry, transport, telecommunications, energy, agriculture, natural resources, commerce, monetary and financial questions, social and cultural matters". This paper examines the role of CBN economy and monetary policies on the heels of borderless trade amongst the ECOWAS State. ECOWAS aims to promote peace, co-operation and integration in economic, social and cultural activity, ultimately leading to the establishment of an economic and monetary union through the total integration of the …


The Effect Of Financial Literacy On Saving : A Study On Malaysian Population., Saleh Tabiani Dec 2010

The Effect Of Financial Literacy On Saving : A Study On Malaysian Population., Saleh Tabiani

Student Works (2010-2019)

Personal saving is valuable for the whole nation. Saving of today, affects the consumption of future, because the saved money is invested in financial assets and goes through investments in industries, factories, prosperities, and other kinds of investment that is necessary for country’s growth. Saving also can help the country recover from financial crisis more easily. In this study the factors that are likely to increase personal saving are measured. These factors include the financial literacy of individuals, saving motivation, and socio-demographic characteristics such as, age, gender, ethnicity, number of children, nationality, income, and education level. The main focus of …


The Initial And Aftermarket Performance Of Ipos In An Emerging Market : The Case Of Malaysian Stock Exchange., Ricky Wong Baan Wahh Nov 2010

The Initial And Aftermarket Performance Of Ipos In An Emerging Market : The Case Of Malaysian Stock Exchange., Ricky Wong Baan Wahh

Student Works (2010-2019)

The study of initial public offering (IPO) underpricing and its post-listing underperformance has been one of those issues that are never laid to rest. The ongoing quest for the reasons behind IPO underpricing and its subsequent poor post-listing returns is what motivates this paper to study these anomalous market behaviours in an emerging market setting such as Malaysia. The primary purpose of this paper is to analyze the existence and magnitude of the underpricing phenomenon and post listing performance of IPOs listed in Bursa Malaysia from 1998 to 2008. Moreover, this study aims to provide an insight primarily into the …


Independent Financial Adviser : Key Factors For Engagement In Malaysia., Wan Azrul Wan Zainal Abidin Nov 2010

Independent Financial Adviser : Key Factors For Engagement In Malaysia., Wan Azrul Wan Zainal Abidin

Student Works (2010-2019)

This study aims to investigate the key factors for engagement of the Independent Financial Adviser (IFA) in Malaysia. The objective of this study is to identify the key factor for the Malaysian public to engage the service of an IFA and their preference for the delivery of service by the IFA. This is in accordance to the initiative of the Malaysian Financial Sector Master Plan (FSMP) introduced in 2001. The finding of this research is important to the Malaysian consumer and the IFA since they would be able to mutually benefit from the understanding of how each fits into the …


Ua37/29 Gary Ransdell - Federal Reserve Board - Ben Bernanke Town Hall Meeting, St. Louis Federal Reserve Board Oct 2010

Ua37/29 Gary Ransdell - Federal Reserve Board - Ben Bernanke Town Hall Meeting, St. Louis Federal Reserve Board

Faculty/Staff Personal Papers

Email sent to members of the St. Louis Federal Reserve Board of Ben Bernanke's town hall meeting with educators.


Banking Reforms For Effective Monetary Policy Transmissions., O. A. Uchendu Sep 2010

Banking Reforms For Effective Monetary Policy Transmissions., O. A. Uchendu

Bullion

This paper evaluates the effects of the recent banking sector in Nigeria on monetary policy transmission. The remainder of this paper is structured as follows: section two dwells on the transmission mechanism of monetary policy; section three examines the features of the banking sector that affect the conduct of monetary policy; section four presents banking sector reforms in Nigeria while section five examines the impact of the reforms on monetary policy. Section six presents the challenges while section seven concludes the paper.


Overview Of The Four Pillars Of The Banking Reforms., Samuel A. Oni Sep 2010

Overview Of The Four Pillars Of The Banking Reforms., Samuel A. Oni

Bullion

The reports of the risk assessment exercise formed the basis of the intervention by the CBN in some banks and the introduction of the four pillar reform programme, to guarantee the safety and soundness of the banking system. The four pillars of the banking system reforms, which is the main subject, are as follows: Enhancing the quality of banks; Establishing financial stability; Enabling healthy financial sector evolution; and Ensuring that the financial sector contributes to the real economy.


Rebuilding Confidence In Nigerian Banks: The Challenge Of Good Corporate Governance And Professionalism., Uju M. Ogubunka Sep 2010

Rebuilding Confidence In Nigerian Banks: The Challenge Of Good Corporate Governance And Professionalism., Uju M. Ogubunka

Bullion

The Nigerian Banking industry which is still evolving, has great potentials for positively impacting on the developing economy with over a hundred and forty million (140 million) people. Without a doubt, the industry has made noticeable progress and positive impact since its birth in the early 1890s, it would have achieved more had it not been bedevilled by occasional crisis. incidences of bank crisis in Nigeria, like in other jurisdictions, had led to bank shake-ups, failures and subsequent liquidations. Those outcomes gave rise to serious erosion of stakeholders' confidence in banking institutions and the system with far-reaching negative consequences for …


The Nigerian Financial Crisis: Lessons, Prospects And Way Forward, Charles N. O. Mordi Sep 2010

The Nigerian Financial Crisis: Lessons, Prospects And Way Forward, Charles N. O. Mordi

Bullion

This paper x-rays the recent banking sector crisis in Nigeria, its resolution, lessons learned and way forward. The paper is divided into six main sections. Following the introduction, section 2 highlights country experiences of banking crisis and resolution options, while section 3 gives an overview of financial crisis in Nigeria; section 4 discusses the recent financial crises in Nigeria (2000-2009), while section 5 presents the 2009 banking crises and its causes. The most recent reform measures are discussed in section 6. ln sections 7 and 8, the lessons of experience and the way forward are presented, while the concluding remarks …


Reforming The Nigerian Banking Sector: Some Emerging Issues., Biodun Adedipe Sep 2010

Reforming The Nigerian Banking Sector: Some Emerging Issues., Biodun Adedipe

Bullion

When the ongoing reforms of banking in Nigeria commenced, there were several arguments against the seeming harshness of the measures. As the revelations increased, the argument became the manner the revelations were made. All these pointed to the capacity of humans to resist change. lt was generally accepted that things went terribly wrong and some drastic steps needed to be taken. This paper examines existing and emerging financial reforms in the Nigeria banking sector. The outcome of the greed-induced crisis was not peculiar to Nigeria, as banks failed all around the world as their capital was eroded. There are obvious …


The Research On The Feasibility Of N Company's Chinese Ports Investment Project, Junhua Shen Jul 2010

The Research On The Feasibility Of N Company's Chinese Ports Investment Project, Junhua Shen

World Maritime University Dissertations

No abstract provided.


Factors Analysis And Operation Improving Measures For Thai Flag Vessels, Philumpha Jirasatit Jul 2010

Factors Analysis And Operation Improving Measures For Thai Flag Vessels, Philumpha Jirasatit

World Maritime University Dissertations

No abstract provided.


The Real Option Theory Application In Ship Finance—Hb Company As An Example, Shang Ran Jul 2010

The Real Option Theory Application In Ship Finance—Hb Company As An Example, Shang Ran

World Maritime University Dissertations

No abstract provided.


Ship Financing Mode Selection For Cosco's General Cargo Vessel, Ziwen Rong Jul 2010

Ship Financing Mode Selection For Cosco's General Cargo Vessel, Ziwen Rong

World Maritime University Dissertations

No abstract provided.


اثر استخدام الانترنيت على تسويق خطاب الكراهية من وجهة نظر المحللين وذوي الخبرة والعلاقة والفنيين من مختلف شرائح المجتمع الاردني, ظاهر رداد حسن القريشي, تيسير محمد العفيشات Jul 2010

اثر استخدام الانترنيت على تسويق خطاب الكراهية من وجهة نظر المحللين وذوي الخبرة والعلاقة والفنيين من مختلف شرائح المجتمع الاردني, ظاهر رداد حسن القريشي, تيسير محمد العفيشات

Muthanna Journal of Administrative and Economics Sciences

استهدفت الدراسة الكشف عن أثر استخدام الانترنت تسويق خطاب الكراهية”، وقد استخدمت الدراسة المنهج الوصفي التحليل في منهجيتها، ولخصوصية وحساسية موضوع الدراسة فقد اختار الباحثان وحدة معاينة الدراسة من ذوي الخبرة والمعرفة واساتذة جامعيين وصحفيين ومحللين سياسيين واجتماعين وفنيين من مختلف شرائح المجتمع الاردني، والذين تم تحديدهم بناءً على دراسة استطلاعية قام بها الباحث قبل توزيع استبانات الدراسة، وقد تم تصميم استبانة مخصصة لغايات جمع بيانات الدراسة من وحدة المعاينة، حيث تكونت الاستبانة من (68) فقرة لتجيب على أسئلة الدراسة من خلال استطلاع أراء مفردات وحدة المعاينة، تم توزيع (100) استبانة، وتم استرجاع (92) استبانة أي بنسبة (92%) من مجموع …


Investor Knowledge And Investment Barriers., Steven Doman Jul 2010

Investor Knowledge And Investment Barriers., Steven Doman

Student Works (2010-2019)

The world of investing in the various products related to the stock and bond markets is confusing for many people. This is a problem since financial investments often represent a large portion of an individual’s personal assets. As regulators begin to search for answers about what caused the economic crisis of 2008-2009 and try to pass regulations that will prevent it from happening again, investors will continue to look to the products of investment firms to help accomplish their financial goals. Unfortunately for investors, many will continue to choose investments based on very limited personal knowledge. Investment firms will in …


توظيف قابليات إدارة الأزمة للحد من آثار الانحدار التنظيمي : الدور التفاعلي للقيادة التحويلية, صالح عبد الرضا رشيد, عامر علي حسين العطوي Jul 2010

توظيف قابليات إدارة الأزمة للحد من آثار الانحدار التنظيمي : الدور التفاعلي للقيادة التحويلية, صالح عبد الرضا رشيد, عامر علي حسين العطوي

Muthanna Journal of Administrative and Economics Sciences

تتسم بيئة الاعمال المعاصرة بالتغيرات المتسارعة في جميع عناصرها التكنولوجية، والسياسية والاجتماعية وغيرها، والتي بدورها فرضت تحديات وازمات متواصلة. يتوقف نجاح المنظمات واستمرار بقاءها على قدرتها على التعامل مع تلك التحديات والازمات. ولا يكاد يمر اسبوع لا نقرأ او نسمع فيه عن منظمة تواجه ازمة من نوع ما، على سبيل المثال لا الحصر، تسريح العاملين، عمليات الاستحواذ، عمليات الاندماج، تقليص حجم العمالة وغيرها من الازمات التي تعد مؤشراً لانحدار تلك المنظمات مالم تتمكن من ادارتها بطريقة فاعلة تمكنها من اجتيازها وتقليل الخسائر الناجمة عنها الى ادنى حد ممكن. وتعتمد الادارة الفاعلة للازمات في جانب مهم منها على سلوك قادة المنظمات …