January - sibstc
... plausible events or movements in the financial variables. The vulnerability is measured in relation to bank’s profitability, resources outflows, crystallization of commitment credit, rating migration, possible increase in NPAs, etc. There are two types of stress tests- sensitivity tests and scenario ...
... plausible events or movements in the financial variables. The vulnerability is measured in relation to bank’s profitability, resources outflows, crystallization of commitment credit, rating migration, possible increase in NPAs, etc. There are two types of stress tests- sensitivity tests and scenario ...
The Price Impact of Institutional Herding!
... investors. There is also extensive evidence on the contrarian trading behavior of individual investors, who can be viewed as the proprietary traders in our model.5 What is the e¤ect of these trading decisions on asset prices? The willingness to pay for an asset on the part of career-driven investors ...
... investors. There is also extensive evidence on the contrarian trading behavior of individual investors, who can be viewed as the proprietary traders in our model.5 What is the e¤ect of these trading decisions on asset prices? The willingness to pay for an asset on the part of career-driven investors ...
Proceedings of 10th Annual London Business Research Conference
... exploring common dimensions existing among the variables. Finally, multiple regression was performed in order to determine which behavioural factors impact mostly on investment performance of individual investors in CSE. ...
... exploring common dimensions existing among the variables. Finally, multiple regression was performed in order to determine which behavioural factors impact mostly on investment performance of individual investors in CSE. ...
“How to reduce debt costs in Southern Africa” , Johannesburg, 25/26
... Deutsche Bank does and seeks to do business with companies covered in its research reports. Thus, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their in ...
... Deutsche Bank does and seeks to do business with companies covered in its research reports. Thus, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their in ...
Financing the Clean Energy Sector in the GCC with Green Bonds
... research and media networks, access to government and ability to influence government and policy development through a neutral forum ...
... research and media networks, access to government and ability to influence government and policy development through a neutral forum ...
Foreign investment into Australia
... standards now (by financing current consumption), and into the future (by providing finance for investment which in turn will lead to higher growth in national income and hence living standards) than would otherwise be sustainable. FDI is generally regarded as amongst the most stable forms of capita ...
... standards now (by financing current consumption), and into the future (by providing finance for investment which in turn will lead to higher growth in national income and hence living standards) than would otherwise be sustainable. FDI is generally regarded as amongst the most stable forms of capita ...
Budgeting for Investment
... tied up in housing has still been diverted from other potential uses with possibly higher economic returns; treating these subsidies as an alternative to other budget support for private investment and growth would highlight this tradeoff. The closer we look at federal investment, the more the varie ...
... tied up in housing has still been diverted from other potential uses with possibly higher economic returns; treating these subsidies as an alternative to other budget support for private investment and growth would highlight this tradeoff. The closer we look at federal investment, the more the varie ...
Read this feature article - Fidelity Investments Canada
... modest cyclical traction, abating deflationary pressures, and low probability of recession. • The U.S. cycle is maturing amid tighter labor markets and rising wages, which historically is consistent with late-cycle transitions. • Changes in economic policy may have a significant influence over whe ...
... modest cyclical traction, abating deflationary pressures, and low probability of recession. • The U.S. cycle is maturing amid tighter labor markets and rising wages, which historically is consistent with late-cycle transitions. • Changes in economic policy may have a significant influence over whe ...
Geometric Average Capitalization
... When a fund owns stocks from only one of the seven style zones (US, Canada, Latin America, Europe, Japan, Australia/NZ, and Asia ex-Japan), the geometric average capitalization of the fund can be compared to the large-, mid-, and small-cap divisions of the Morningstar Style BoxTM. In these cases, th ...
... When a fund owns stocks from only one of the seven style zones (US, Canada, Latin America, Europe, Japan, Australia/NZ, and Asia ex-Japan), the geometric average capitalization of the fund can be compared to the large-, mid-, and small-cap divisions of the Morningstar Style BoxTM. In these cases, th ...
Corporate Finance - Yossi Spiegel Problem set 2 Problem 1 This
... This question is a variant of the model that appears in "Entrepreneurial Moral Hazard and Bank Monitoring: A Model of the Credit Channel," by Repullo and Suarez (EER, 2000, p. 1931-1950). An entrepreneur establishes a firm at date 0. The firm has only one project that requires an investment of 1 and ...
... This question is a variant of the model that appears in "Entrepreneurial Moral Hazard and Bank Monitoring: A Model of the Credit Channel," by Repullo and Suarez (EER, 2000, p. 1931-1950). An entrepreneur establishes a firm at date 0. The firm has only one project that requires an investment of 1 and ...
Innovation: the transfer function of Science and Technology
... of high tech and medium high tech industries as % of total gross value added: Ireland is first, Malta is second! Romania does better than Portugal! Again, high tech exports as % of total exports yield results that require further analysis: Malta comes first before Ireland, Luxemburg. UK and France f ...
... of high tech and medium high tech industries as % of total gross value added: Ireland is first, Malta is second! Romania does better than Portugal! Again, high tech exports as % of total exports yield results that require further analysis: Malta comes first before Ireland, Luxemburg. UK and France f ...
Controlling Institutional Trading Costs
... There are two interrelated answers to this question. The first is that those in the best position to place orders in the market on the basis of cost performance—the traders— are frequently passive participants in the trading process. More than half of U.S. institutional commission payments are not a ...
... There are two interrelated answers to this question. The first is that those in the best position to place orders in the market on the basis of cost performance—the traders— are frequently passive participants in the trading process. More than half of U.S. institutional commission payments are not a ...
The Risk-Free Rate`s Impact on Stock Returns with Representative
... increased possibility for diversification and access to new markets for households, but not without introducing other problems. Rajan (2005) points out that discretionary investment management creates an agency problem since the fund has an incentive to maximize its profits rather than the risk-adju ...
... increased possibility for diversification and access to new markets for households, but not without introducing other problems. Rajan (2005) points out that discretionary investment management creates an agency problem since the fund has an incentive to maximize its profits rather than the risk-adju ...
Economic Le er Se 1 Introduction
... weights are required. Even though Irish resident banks are currently well above the regulatory thresholds, it is assumed that banks are still targeting low risk weights and high capital ratios within their profit optimization as this might have other advantages, such as lower funding costs. Furtherm ...
... weights are required. Even though Irish resident banks are currently well above the regulatory thresholds, it is assumed that banks are still targeting low risk weights and high capital ratios within their profit optimization as this might have other advantages, such as lower funding costs. Furtherm ...
The Corporate Governance Model of Japan
... heavy influence of the U.S. Occupation Forces on the legal system and the structure of institutions after the Second World War. Some important differences do exist, however. The rights of Japanese shareholders are in theory greater than those of shareholders in the U.S. and U.K. For example, in Japa ...
... heavy influence of the U.S. Occupation Forces on the legal system and the structure of institutions after the Second World War. Some important differences do exist, however. The rights of Japanese shareholders are in theory greater than those of shareholders in the U.S. and U.K. For example, in Japa ...
The Wrong 20
... • Cheap (expensive) stocks tend to have surprisingly high (low) realized returns • Cheap (expensive) stocks tend to have low (high) volatility, because little (much) is expected of them • Investors may expect higher returns from expensive stocks but they may be repeatedly surprised by disappointing ...
... • Cheap (expensive) stocks tend to have surprisingly high (low) realized returns • Cheap (expensive) stocks tend to have low (high) volatility, because little (much) is expected of them • Investors may expect higher returns from expensive stocks but they may be repeatedly surprised by disappointing ...
Cultural Diversity in Management, Firm Performance
... levels of heterogeneity (Hypothesis 1) because categorical groups will be large and concentrated enough to promote in-group identification and outgroup bias (Blau, 1977; Earley & Mosakowski, 2000). Thus, we would expect the combination of an innovative strategic posture and relatively moderate level ...
... levels of heterogeneity (Hypothesis 1) because categorical groups will be large and concentrated enough to promote in-group identification and outgroup bias (Blau, 1977; Earley & Mosakowski, 2000). Thus, we would expect the combination of an innovative strategic posture and relatively moderate level ...
Audited group results for the year ended 30 June 2003
... R11.9m) in a year of unprecedented challenges. Headline earnings per share increased from 3.6 cents last year to 6.5 cents. Operating margins remained tight with cost fluctuations linked to volatile currency and crude oil movements during the year. Jet fuel accounts for approximately 25% of the Comp ...
... R11.9m) in a year of unprecedented challenges. Headline earnings per share increased from 3.6 cents last year to 6.5 cents. Operating margins remained tight with cost fluctuations linked to volatile currency and crude oil movements during the year. Jet fuel accounts for approximately 25% of the Comp ...
CHAPTER 1: INTRODUCTION
... Later, however, options were increasingly used by speculators who found that call options were an effective vehicle for obtaining maximum possible gains on investment. As long as tulip prices continued to skyrocket, a call buyer would realize returns far in excess of those that could be obtained b ...
... Later, however, options were increasingly used by speculators who found that call options were an effective vehicle for obtaining maximum possible gains on investment. As long as tulip prices continued to skyrocket, a call buyer would realize returns far in excess of those that could be obtained b ...
optimal investment for an insurer to minimize its probability of ruin
... and dividend optimization techniques for a financial corporation. The objective in the models is to maximize the dividend payouts. Taksar shows that in most cases the optimal dividend distribution scheme is a barrier type, and the risk control policy depends substantially on the nature of reinsuranc ...
... and dividend optimization techniques for a financial corporation. The objective in the models is to maximize the dividend payouts. Taksar shows that in most cases the optimal dividend distribution scheme is a barrier type, and the risk control policy depends substantially on the nature of reinsuranc ...
World Economy in Transition: Explaining the Dividend Yield in the
... “irrational exuberance” causing artificially inflated stock prices. In fact, empirical work cannot conclusively answer this question. The statistical significance of mutual fund flows does not tell us anything about whether they indicate shifts in fundamentals or speculation. However, a strong argum ...
... “irrational exuberance” causing artificially inflated stock prices. In fact, empirical work cannot conclusively answer this question. The statistical significance of mutual fund flows does not tell us anything about whether they indicate shifts in fundamentals or speculation. However, a strong argum ...
FREE Sample Here
... A pension buys a short-term corporate security in the secondary market. fund manager B) A bank financing its reserves by a repurchase agreement from a large corporation. C) A corporation's stock is traded in an over-the-counter market. D) An insurance company buys shares of common stock in the over- ...
... A pension buys a short-term corporate security in the secondary market. fund manager B) A bank financing its reserves by a repurchase agreement from a large corporation. C) A corporation's stock is traded in an over-the-counter market. D) An insurance company buys shares of common stock in the over- ...
Ch10
... Bid-ask spread. High spreads signal an illiquid market. Investors like liquid markets so that they can buy and sell securities quickly and at a fair price. ...
... Bid-ask spread. High spreads signal an illiquid market. Investors like liquid markets so that they can buy and sell securities quickly and at a fair price. ...