This paper presents a modest contribution to the
... In the wake of arguably the worst economic crisis in 80 years, a new debate is gradually opening up about the culpabilityof accounting (Hopwood, 2009). In particular, significant concerns have been raised about the roles of fair value accounting and auditing (Gup and Lutton, 2009; Krumwiede, 2008; ...
... In the wake of arguably the worst economic crisis in 80 years, a new debate is gradually opening up about the culpabilityof accounting (Hopwood, 2009). In particular, significant concerns have been raised about the roles of fair value accounting and auditing (Gup and Lutton, 2009; Krumwiede, 2008; ...
printmgr file - Morgan Stanley
... Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and any amendments to those reports filed or furnished pursuant to the Securities Exchange Act of 1934, as amended (the “Exchange Act”), as soon as reasonably practicable after such material is electronically filed wit ...
... Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and any amendments to those reports filed or furnished pursuant to the Securities Exchange Act of 1934, as amended (the “Exchange Act”), as soon as reasonably practicable after such material is electronically filed wit ...
World Financial Markets, 1900-1925
... I present a new dataset that describes the financial markets of the early twentieth century. Historical data have proven useful to better understand how financial markets operate. Estimation of the equity-premium (e.g. Goetzmann and Ibbotson (2006)), the efficiency of derivatives markets (Moore and J ...
... I present a new dataset that describes the financial markets of the early twentieth century. Historical data have proven useful to better understand how financial markets operate. Estimation of the equity-premium (e.g. Goetzmann and Ibbotson (2006)), the efficiency of derivatives markets (Moore and J ...
Follow the money - Bretton Woods Project
... investments in FIs in terms of location, size and financial instrument; 2 Consider the development impact of investment in FIs, given that the IFC’s mandate is to reduce poverty; 3 Discuss ways forward for civil society given the increasing focus on the financial sector from a range of institution ...
... investments in FIs in terms of location, size and financial instrument; 2 Consider the development impact of investment in FIs, given that the IFC’s mandate is to reduce poverty; 3 Discuss ways forward for civil society given the increasing focus on the financial sector from a range of institution ...
International Financial Stability - International Center for Monetary
... vi International Financial Stability Mr Hartmann is a member of the Basel Committee on Banking Supervision Research Task Force where he chairs a working group on risk management. His policy work has also been discussed in the ECOFIN Council, the ECB Governing Council, European Commission fora, the ...
... vi International Financial Stability Mr Hartmann is a member of the Basel Committee on Banking Supervision Research Task Force where he chairs a working group on risk management. His policy work has also been discussed in the ECOFIN Council, the ECB Governing Council, European Commission fora, the ...
call-for-input on the crowdfunding rules
... Furthermore, investors on investment-based crowdfunding platforms are exposed to capital risk – the risk that the funds they will receive upon exit will be less than the capital they originally invested (eg because of lower-than expected company valuations). Similarly, investors on loan-based crowdf ...
... Furthermore, investors on investment-based crowdfunding platforms are exposed to capital risk – the risk that the funds they will receive upon exit will be less than the capital they originally invested (eg because of lower-than expected company valuations). Similarly, investors on loan-based crowdf ...
Funding Constraints, Market Liquidity, and Financial Crises
... second or third tier bank could create problem, however, as the financial institutions called in their stock loans. The action could trigger a liquidity spiral and lead to a financial crisis. US financial markets were particularly vulnerable to a financial crisis during the fall harvest season. Ind ...
... second or third tier bank could create problem, however, as the financial institutions called in their stock loans. The action could trigger a liquidity spiral and lead to a financial crisis. US financial markets were particularly vulnerable to a financial crisis during the fall harvest season. Ind ...
NBER WORKING PAPER SERIES Kristin J. Forbes Working Paper 13908
... assets and liabilities was only available in five-year intervals, and papers requiring more timely information were forced to calculate international holdings using accumulated flow data combined with estimated valuation adjustments. As has been well-documented, data on crossborder capital flows is ...
... assets and liabilities was only available in five-year intervals, and papers requiring more timely information were forced to calculate international holdings using accumulated flow data combined with estimated valuation adjustments. As has been well-documented, data on crossborder capital flows is ...
2016 Annual Financial Report
... financial and commercial management roles. Mr Armstrong succeeded Mr Robert Stewart as Chairman of the ARMC. Mr Robert Stewart retired from his directorship at the Annual General Meeting held on 27 May 2016. Melbourne IT announced the appointment of Ms Gail Pemberton as a non-executive director effe ...
... financial and commercial management roles. Mr Armstrong succeeded Mr Robert Stewart as Chairman of the ARMC. Mr Robert Stewart retired from his directorship at the Annual General Meeting held on 27 May 2016. Melbourne IT announced the appointment of Ms Gail Pemberton as a non-executive director effe ...
The Dark Side of Universal Banking: Financial Conglomerates and
... mortgages and credit card loans to nonprime borrowers. By 2006, LCFIs turned the U.S. housing market into a system of “Ponzi finance,” in which borrowers kept taking out new loans to pay off old ones. When home prices fell in 2007, and nonprime homeowners could no longer refinance, defaults skyrocke ...
... mortgages and credit card loans to nonprime borrowers. By 2006, LCFIs turned the U.S. housing market into a system of “Ponzi finance,” in which borrowers kept taking out new loans to pay off old ones. When home prices fell in 2007, and nonprime homeowners could no longer refinance, defaults skyrocke ...
AdamsSafe Harbors - Digital Access to Scholarship at Harvard
... By Stephen D. Adams Abstract The Bankruptcy Code exempts financial derivatives and repurchase agreements from key provisions, such as the automatic stay. The primary rationale for this special treatment has been the fear that the failure of an important market participant could cascade if counterpar ...
... By Stephen D. Adams Abstract The Bankruptcy Code exempts financial derivatives and repurchase agreements from key provisions, such as the automatic stay. The primary rationale for this special treatment has been the fear that the failure of an important market participant could cascade if counterpar ...
Financial Planning Research Journal - Volume 2. Issue 1 2016
... Guidelines for contributors to the FPRJ The FPRJ Editorial Board welcomes original, applied and topical articles on matters of interest to the financial advice community across Australia, New Zealand and Asia that will inform the practice and/or policy of the profession. Articles will be submitted t ...
... Guidelines for contributors to the FPRJ The FPRJ Editorial Board welcomes original, applied and topical articles on matters of interest to the financial advice community across Australia, New Zealand and Asia that will inform the practice and/or policy of the profession. Articles will be submitted t ...
Risk Profiling
... farrelly’s believes that both the journey and the destination are important, and so both long-term and short-term worst-case scenarios are provided for individual assets and portfolios. The journey – worst-case short-term scenarios In the Handbook, you’ll find farrelly’s estimates of the worst-case ...
... farrelly’s believes that both the journey and the destination are important, and so both long-term and short-term worst-case scenarios are provided for individual assets and portfolios. The journey – worst-case short-term scenarios In the Handbook, you’ll find farrelly’s estimates of the worst-case ...
the use of innovative financial instruments for financing eu policies
... National Income (GNI). The introduction of financial instruments that combine EUbudget support with loans from the EIB Group (the European Investment Bank and the European Investment Fund), as well as from other financial institutions, is seen as one way of expanding the reach and increasing the eff ...
... National Income (GNI). The introduction of financial instruments that combine EUbudget support with loans from the EIB Group (the European Investment Bank and the European Investment Fund), as well as from other financial institutions, is seen as one way of expanding the reach and increasing the eff ...
Auditing complex financial instruments
... additional standards the accordingly APB does not believe that the application of the guidance in this consultation draft will significantly increase audit costs but invites the views of commentators on this point. If commentators consider there is a cost impact from issuing this guidance the APB re ...
... additional standards the accordingly APB does not believe that the application of the guidance in this consultation draft will significantly increase audit costs but invites the views of commentators on this point. If commentators consider there is a cost impact from issuing this guidance the APB re ...
Amendment No 3 dated August 10, 2016 to the Simplified Prospectus
... “If you purchase Advisor, H, T or T5 Series securities under the deferred sales charge option or the low sales charge option and sell those securities within six years (for the deferred sales charge option) or three years (for the low sales charge option) of buying them, we will deduct the applicab ...
... “If you purchase Advisor, H, T or T5 Series securities under the deferred sales charge option or the low sales charge option and sell those securities within six years (for the deferred sales charge option) or three years (for the low sales charge option) of buying them, we will deduct the applicab ...
Financial Innovation: The Bright and the Dark Sides
... reaction to regulation (such as Euro market arose as response to regulation Q) or religious restrictions (such as Sharia-compliant financial products). Specifically, it has been argued that the main purpose of recent financial innovations has been to facilitate regulatory arbitrage by shifting off ...
... reaction to regulation (such as Euro market arose as response to regulation Q) or religious restrictions (such as Sharia-compliant financial products). Specifically, it has been argued that the main purpose of recent financial innovations has been to facilitate regulatory arbitrage by shifting off ...
simpler, smoother, smarter business
... complex. The customers want to utilise different solutions, both those they have procured and those that are produced as public cloud services. Combining these into a functional package requires a more extensive range of expertise. Total solutions can be quickly implemented, mainly by integrating ex ...
... complex. The customers want to utilise different solutions, both those they have procured and those that are produced as public cloud services. Combining these into a functional package requires a more extensive range of expertise. Total solutions can be quickly implemented, mainly by integrating ex ...