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دور المقارنة المرجعية الداخلية في تشخيص فجوة الأداء والتحسين المستمر ( دراسة حالة في معهد الإدارة / الرصافة ), يوسف دولاب يوسف

Muthanna Journal of Administrative and Economics Sciences

في ظل التطور السريع لمستوى التعليم تسعى المنظمات التعليمية لتحسين أدائها من اجل البقاء وتحقيق الميزة التنافسية وهذا ما دفعها الى اعتماد وتطبيق معايير للأداء التعليمي لضمان الجودة للحصول على الاعتماد الاكاديمي، وهنا تبرز الحاجة الى اعتماد أساليب وتطبيقات ادارية حديثة ومنها أسلوب المقارنة المرجعية بوصفه احد الأدوات المهمة في قياس وتحديد فجوة الأداء ومن ثم اعتماد عجلة الجودة لإجراء التحسينات التدريجية المستمرة لتقليص الفجوة أو ردمها ، وينبغي على المنظمة التعليمية اعادة اجراء المقارنة المرجعية وتقويم التحسينات باستمرار للوقوف على مدى التقدم الذي احرزته. وقد توصل البحث الى مجموعة من الاستنتاجات كان أهمها الآتي:اثبتت نتائج البحث ضعف التزام الاقسام …

فرض الاستمرارية وإمكانية استخدام بعض المؤشرات المالية للإبلاغ عن التعثر المالي في الشركات العامة “دراسة تطبيقية في الشركة العامة للإسمنت الجنوبية”, علي عباس كريم

Muthanna Journal of Administrative and Economics Sciences

يعتبر فرض الاستمرارية أحد الفروض الأساسية في إعداد القوائم المالية. ويعني فرض الاستمرارية النظر إلى المنشاة على أنها مستمرة في مزاولة نشاطها في المستقبل القريب، وان المنشاة ليست مضطرة-كما لا يوجد لديها النية_ لتصفية او تقليص حجم أعمالها أو البحث عن وسائل للحماية من الدائنين بما يتوافق مع القوانين أو اللوائح. ويجب على المراقب دراسة مدى ملائمة تطبيق الإدارة لفرض الاستمرارية عند إعداد القوائم المالية، مع مراعاة انه إذا كان هناك شك كبير في قدرة المنشاة على الاستمرارية ان يتم الإفصاح عن ذلك في القوائم المالية .وقد جاءت هذه الدراسة لتسلط الضوء على الإلية التي يجب ان يعتمد عليها مراقب …

Moral Hazard And Mispriced Systemic Risk In The Lead-Up To The 2007 Subprime Mortgage Crisis In The United States, Georgi Rusinov

Undergraduate Economic Review

The 2007 subprime crisis was caused by high demand for subprime mortgage products underpinned by the unrealistic assumption that property prices would keep rising indefinitely. The subprime mortgage market worked as expected as long as prices were rising and demand for property was high. When these two conditions were violated and the housing bubble collapsed, the system became dysfunctional, many subprime borrowers defaulted, and mortgage-backed securities lost much of their value. Prevention could have been achieved through regulatory measures to shift the risk back from taxpayers and investors to loan originators. Fair distribution of risk should be the main objective …

Endogeneity In Ceo Power: A Survey And Experiment, Zhichuan Li

Business Publications

The endogeneity problem has always been one, if not the only, obstacle to understanding the true relationship between different aspects of empirical corporate finance. Variables are typically endogenous, instruments are scarce, and causality relations are complicated. As the first attempt to summarize different econometric methods that are commonly used to address endogeneity concerns in the context of corporate governance, we explore the relation between CEO power and firm performance, as an experiment, to illustrate how these methods can be used to mitigate the endogeneity problem and by how much. After carefully dealing with the endogeneity issues, we find strong evidence …

Financial Openness And Trade Volatility In Argentina, Joseph H. Asciuto

Master's Theses

This paper will identify the relationship between financial openness and trade volatility in Argentina. Data spanning 1970-2011 provided by the IMF, WTO, and INDEC will be used to construct a panel dataset for both a global analysis and a sectoral analysis for the Argentine economy. The application of established and accepted techniques to the constructed dataset will show a negative correlation between trade volatility and financial openness; thus, financial openness acts as a stabilizing mechanism for trade. Additional analysis will be performed on the of role regional trade agreements as stabilization mechanisms for trade. A significant implication of this study …

Arts-Based Learning: Art, Economy And Financial Magic At The Stockholm School Of Economics, Marie Lousie-Fend

2016 ABLD-EBSLG-APBSLG Joint Conference & Meeting

No abstract provided.

How Microfinance Can Close Asymmetrical Information On Peer-To-Peer Platforms, Justin Jones

Honors Program Theses and Projects

Peer-to-peer lending has sprung up in recent years, defined by its flexibility to meet the needs of loan applicants from a range of financial backgrounds. Institutional investors’ reluctance to fund small business owners has facilitated the widespread acceptance of peer-to-peer lending, which represents a convenient investment medium for prospective borrowers, individual investors, and P2P companies. Though, the inclusive model inherent in P2P lending breeds practical concerns for investors who expect to maximize returns while minimizing default risks. This paper proceeds to explore the value of information, the importance of information in principle-agent relationships, and how information must be leveraged further …

Lep Language Disability, Immigration Reform, And English-Language Acquisition, Alberto Dávila, Marie T. Mora

School of Economics and Finance Faculty Publications

Policy might partly shape the English-language acquisition of Hispanics migrating to the U.S. mainland, particularly policies related to limited-English-language disability benefits and immigration reform. Using data from the American Community Survey, we find that island-born Puerto Ricans on the U.S. mainland, as U.S. citizens, may have lower incentives to learn English than Hispanic immigrants because of their higher participation in LEP disability programs. However, among Mexican immigrants, recent immigration reform aimed at interior enforcement might have increased incentives for Mexican immigrants to learn English to reduce their probability of detection, if speaking English proxies for undocumented status.

On The Behavior Of Entrepreneurial Factor Supply To The Firm, Nicos Zafiris

The Journal of Entrepreneurial Finance

This paper draws on an existing, but little used, approach to the choices governing the supply of ‘entrepreneurial’, in the sense of ‘residually remunerated’, resources to an enterprise, especially post start up. It focuses in particular on the hybrid ‘own factor demand/supply curve’ to the firm of Bronfenbrenner (1960), but attempts to treat such supply in conjunction with ‘contractual’ employment of resources, thus making use of gearing and portfolio concepts. To achieve this, it is found necessary for the hybrid schedule to be reinterpreted and recast as the locus of the relevant utility maximising choices. A model is presented which …

A Monte Carlo Study On The Persistence Of Variance With Garch, Aristides Romero Moreno

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

The GARCH model is widely used to forecast volatility for economic and financial Data. There are, however, several shortcomings of using the simple GARCH estimator alone for forecasting volatility. The major issue with the use of the default GARCH model is the persistence of variance that evolves through time and the simple GARCH model fails to address. This paper looks at the GARCH(1,1) model and consistent with Lamoureux and Lastrapes (1990), finds that it overstates the persistence of variance due to model misspecification, specifically the lack of structural shifts.

Barriers To Health Care Access For Refugees In Cache County, Utah, Michael Timo Hoggard

Undergraduate Honors Capstone Projects

The United States has a rich history of resettling refugees. The United States resettled hundreds of thousands of refugees at the conclusion of World War II, and has resettled more than 3 million refugees since 1975 (Refugee Council USA, 2016). A refugee is a forcibly displaced person who will not or cannot return to their country of origin because of fear of physical harm or persecution (United Nations, 1951). Refugees are distinct from other forms of immigrants in many ways: refugees do not choose their country for resettlement, they receive government assistance upon arrival, their residency and work permits are …

A Look At The Controversies Of The United States Export-Import Bank, Bo A. Johnson

Undergraduate Honors Capstone Projects

The Ex-Im Bank is the official export credit agency of the United States. The Bank was established in 1934 to aid a depressed economy and foster global trade. Ex-Im was mandated to improve economic conditions and international trade by providing financial assistance where the private sector fell through, while not competing against private firms. The bank has four main tools to perform its responsibilities - direct loans, loan guarantees, working capital financing, and credit-export insurance.

The Ex-Im Bank has enjoyed a long history of strong bipartisan support. Opposition surfaced in the late 2000's leading to an Ex-Im temporary shutdown. The …

Financial Performance In Upstream, Downstream, And Integrated Oil Companies In Response To Oil Price Volatility, Jonathan P. Garcia

Finance Undergraduate Honors Theses

This paper investigates the relation between crude oil price volatility and stock returns among oil companies using a three-part methodology, by using the West Texas Intermediate (WTI) as oil price benchmark. I asses the various indicators that set signals for oil price volatility and the interpretation of each (PMI, S&P500, DJIA, and World Crude Oil Output). This research also focuses on the relation between different types of companies in the oil industry (integrated, upstream, and downstream) and how each type of company will be assessed in a particular way to predict abnormal returns, based on market data and statistical analyses …

Identifying Irrationality And Fear-Driven Reactions To Financial Market Shocks & Terrorism, Kimberly M. Roland

Honors Scholar Theses

Economic research on post 9-11 terrorism lacks a distinction between fear-based reactions and rational financial market behavior in its analysis surrounding terror strikes. The purpose of this paper is to expose and interpret the fear triggered by terrorism in financial markets, and to separate rational market responses from irrational, fear-driven investor reactions. A rational market response follows the efficient market theory (Wang 1993) in which investors alter their behavior based on changes in fundamental values. Becker and Rubinstein (2011) define terror-triggered fear as the magnitude with which subjective beliefs about danger hinder objective risk assessment. I apply this definition to …

Inequality And Financialization, Oscar C. Soons

Senior Honors Projects

This paper analyzes economic inequality in the United States and makes a connection between rising inequality and “Financialization” since the 1970’s. I provide an overview of how and why income and wealth inequality have changed over time. The increase in inequality since the 1970’s is correlated with an increase in Financialization, measured by a Financialization index that I created. Financialization, defined as the increasing size, power and influence of the financial sector in the economy and politics, has changed the economic and political landscape in the United States in a way that increases economic inequality.

East Asian Economies And Financial Globalization In The Post-Crisis World, Joshua Aizenman, Hiro Ito

Economics Faculty Publications and Presentations

This paper assesses the East Asian Economies’ openness to cross-border capital flows and exchange rate arrangements in the past decades, with the main focus on emerging market economies. Using Mundell’s trilemma indexes, we note that the convergence of the three policy goals in East Asia toward a “middle ground” pre-dates the convergence of these indices in other regions. Another more recent development involves the high level of international reserve (IR) holdings–a feature that is known as the most distinct characteristic of Asian EMEs. Financial globalization seems to have made asset prices and interest rates in Asian EMEs more vulnerable to …

Fear-Based Policymaking: How Government Agencies Exploit Mortality Risk Perceptions, Alecia M. Hunter

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The objective of this thesis is to explore how government policymakers use distorted Value of a Statistical Life (VSL) calculations for their personal benefit. The VSL estimates how much a large group of citizens would jointly pay to save the life a one random person from a fatal disease. The VSL is used by government agencies like the Environmental Protection Agency. Agencies use the VSL in benefit-cost analyses to help determine potentially favorable life-saving policy from wasteful policy. Despite the well-intentioned objectiveness and decisiveness of the VSL, the political framework incentivizes miscalculated and exaggerated VSL estimates. Public choice theory addresses …

Date Stamping Bubbles In Real Estate Investment Trusts, Diego Escobari, Mohammad Jafarinejad

School of Economics and Finance Faculty Publications

We test for the existence of single and multiple bubble periods in four Real Estate Investment Trust (REIT) indices using the Supremum Augmented Dickey-Fuller (SADF) and the Generalized SADF. These methods allow us to estimate the beginning and the end of bubble periods. Our results provide statistically significant evidence of speculative bubbles in the REIT index and its three components: Equity, Mortgage and Hybrid REITs. These results may be valuable for real estate financial managers and for investors in REITs.

Us Airport Ownership, Efficiency, And Heterogeneity, Levent Kutlu, Patrick Mccarthy

School of Economics and Finance Faculty Publications

All US commercial airports are in the public sector yet not all have the same ownership type. For medium and large hub US airports we use stochastic frontier analysis to analyze the efficiency differences for alternative airport ownership types. We find that while form of ownership may matter for cost efficiency, in general its effect is relatively small. Yet type of public sector ownership does have cost efficiency implications in certain environments. Further, when heterogeneity is not controlled, the results change substantially so that type of ownership matters much more which demonstrates the importance of controlling for cross section heterogeneity.

Financial Integration In Asean-5, Laura Grace Gabriella, Revathy Suryanarayana, Vania Esady

Economics and Finance in Indonesia

The financial integration in South East Asia has varied over time. This paper focuses on three periods: before, during, and after the global financial crisis in 2008. This paper finds that ASEAN-5 countries have indeed taken a step towards financial integration. While we do not observe any (cointegrating) long-run relationships between the ASEAN-5 countries, we find that there has been a significant increase in the volatility spillovers between them. This is particularly true in the recovery period following the global financial crisis.