firms performance and stock prices



Dr. Payal Chadha Financial Performance of Companies listed on the Kuwait Stock Exchange. An Exploration using Altman.s Z-Score Model Dr. Payal Chadha Financial Performance of Companies listed on the Kuwait Stock Exchange. An Exploration using Altman.s Z-Score Model Новинка

Dr. Payal Chadha Financial Performance of Companies listed on the Kuwait Stock Exchange. An Exploration using Altman.s Z-Score Model

5152 руб.
A quantitative method was used to explore the financial performance of the firms listed on the Kuwait Stock Exchange. The number of firms explored was 196 out of a possible 206 (two firms are subsidiaries of one of the firms and others are insurance firms excluded from this study). The listed firms were observed from 2009-2014 to understand their status in the market and the direction they were heading towards. The financial data were gathered from the published annual reports of the respective firms and the financial statements from the Kuwait Stock Exchange website. This exploration is a stepping-stone for potential investors by showing the most profitable sectors for investment and for future researchers to predict accurate bankruptcy rates in the State of Kuwait.
Abdulaziz M. Alwathainani INVESTOR OVERREACTION. Patterns of Past Financial Performance Measures Abdulaziz M. Alwathainani INVESTOR OVERREACTION. Patterns of Past Financial Performance Measures Новинка

Abdulaziz M. Alwathainani INVESTOR OVERREACTION. Patterns of Past Financial Performance Measures

9327 руб.
The standard economic model is predicated on two broad assumptions: (1) market participants are rational and wealth-maximizing individuals and (2) asset prices reflect their underlying values and future return cannot be predicted from publicly available information. It follows that markets incorporate new information in asset prices in a timely fashion and without bias. However, a stream of empirical evidence over the last three decades finds that not only do firms' stock prices diverge significantly from their fundamental values, but it also shows that expected returns can be predicted from patterns of past performance measures. Despite several decades of research, the question of whether market prices reflect new information in a timely fashion and without bias remains controversial. This book, which is based on my Ph.D. dissertation at VCU, contributes to our understanding of how patterns of firms' past performance lead to investors' overreaction that is subsequently corrected over the long horizon and how investors' psychology influences the asset price formation process. This evidence is robust to known risk exposures.
Gerret Halberstadt On the informational content of asset prices for output (and inflation) forecasting Gerret Halberstadt On the informational content of asset prices for output (and inflation) forecasting Новинка

Gerret Halberstadt On the informational content of asset prices for output (and inflation) forecasting

1952 руб.
Seminar paper from the year 2014 in the subject Economics - Finance, grade: 1.0, Christian-Albrechts-University of Kiel, language: English, abstract: That financial markets can influence real economic activity has been accepted by economists long ago and became dramatically apparent again in the last financial crisis, when the sharp decline in housing prices in the US was followed by a severe recession. In general, asset prices are determined in a forward-looking manner, stock prices for example reflect the expected profitability of firms in the future and thus are linked to expected future economic conditions. Furthermore, many macroeconomic models suggested by economic theory in-corporate interest rates, interest spreads or exchange rates, which can be seen as some sort of financial assets, and believing in these models means believing that asset prices influence developments of macroeconomic v ariables in the future. These considerations and observations gave rise to examine the pre-dictive power of asset prices to forecast output and inflation and a survey of this literature as well as empirical tests for a variety of predictors in different countries can be found e.g. in Stock and Watson (2003).
John Wells Strategic IQ. Creating Smarter Corporations John Wells Strategic IQ. Creating Smarter Corporations Новинка

John Wells Strategic IQ. Creating Smarter Corporations

3246.89 руб.
In today's world, only the smartest survive. The competitive landscape is littered with graves of well-known firms whose revenues, profits and stock prices rose for decades until they suddenly imploded. In fast-changing business environments, firms must adapt their strategies and innovate to remain at the top. But many successful firms fail to do so. Instead, they succumb to inertia, hesitate, or stick blindly to their old strategies, until it is too late. The ability to adapt to change is a measure of intelligence; so why do firms demonstrate such low Strategic IQ? What causes inertia and why is it so deadly? How can leaders help their firms to act more intelligently? This book identifies the key sources of inertia – strategic, structural and huma – and provides practical advice on how they can be overcome to create smarter corporations. It is both a wake-up call for successful firms and a lifeline for firms struggling to succeed. To successful firms – beware! You may already be dead! To struggling firms – have hope! It is possible to pass powerful competitors by raising your strategic, structural and human IQ. Praise for Strategic IQ «Hard-hitting and stimulating, Wells' thesis carries a robust message that should make business leaders the world over sit up and think.» Archie Norman, Chairman of ITV, UK «Wells makes a compelling case for dramatic change.» Ron Sargent, CEO of Staples, USA
Rizwan Raheem Ahmed Study of economic development of Pakistan through stock market Rizwan Raheem Ahmed Study of economic development of Pakistan through stock market Новинка

Rizwan Raheem Ahmed Study of economic development of Pakistan through stock market

4827 руб.
Master's Thesis from the year 2007 in the subject Economics - Finance, , course: Masters of Philosophy (M.Phil.), language: English, abstract: The purpose of the research is to examine the causal relationship between stock prices and the variables representing the real sector of the economy like read GDP, and real investment spending, in Pakistan. Researcher has used annual data from December 1980 to June 2007, to examine the stochastic properties of the variables, and has taken care of the expected shift in the series due to the start of the liberalization program in the early 1990s. State Bank General Price Index (SBGPI) with base 1980-81 is used for stock prices whereas for real variables GDP, and investment, at constant prices of 1980-81 were used. The descriptive statistics indicate a much higher expansion in stock prices relative to real variables. However, the stock prices also experienced much higher volatility during the sample period whereas the real variables seem to be stable. The correlation analysis shows low correlations between stock prices and real variables. However, there is evidence of significant increase in these correlations in the post reform period suggesting that these reforms resulted in significant improvement in the behavior of stock market and its linkages to the economy. In the formal investigation, the co-integration regressions indicate the presence of a long run relationship between stock prices and real variables. Regarding the cause and...
Nan Zhou Rough Diamonds. The Four Traits of Successful Breakout Firms in BRIC Countries Nan Zhou Rough Diamonds. The Four Traits of Successful Breakout Firms in BRIC Countries Новинка

Nan Zhou Rough Diamonds. The Four Traits of Successful Breakout Firms in BRIC Countries

2315.89 руб.
Discover the four traits of the best performing, but least known, breakout firms in BRIC countries «Rough diamonds» are the best performing firms in the BRIC (Brazil-Russia-India-China) countries. These firms compare favorably with the top 500 firms and the top 25 manufacturing firms in their countries and comparable firms worldwide, exceeding them profit margins and return on assets over an extended time period. This book outlines who these firms are and explains their exemplary performance through the Four Cs for Sustaining High Performance: Capitalizing on late development; Creating Market Inclusive Niches; Crafting Operational Excellence; and Cultivating Profitable Growth. Offers a description of the four major traits that high performance companies in Brazil, Russia, India and China have in common Contains company profiles from BRIC countries that have proved to be successful Written Sam Park the president at Skolkovo-Ernst & Young for Emerging Market Studies and Chair Professor of Strategy at Moscow School of Management Skolkovo This important resource outlines the four traits of the best performing, but least known, breakout firms in BRIC countries.
Hsiao-Yun Chiu Why do Chinese IPOs conduct SEOs quickly. Cause and consequence Hsiao-Yun Chiu Why do Chinese IPOs conduct SEOs quickly. Cause and consequence Новинка

Hsiao-Yun Chiu Why do Chinese IPOs conduct SEOs quickly. Cause and consequence

9464 руб.
This study is to investigate the determinants of the time between an IPO and the first SEO and to examine the relation between issuing speed and stock price performance, both in the short and long run, in the Chinese stock market. In contrast to the experience in the United States, Chinese IPOs conduct their first SEOs much faster. We find that firms with higher aftermarket return, lower IPO underpricing, higher earnings management, higher risk, insufficient financial slack, and listed in up-trend market will conduct their first SEOs more quickly. In addition, empirical results indicate that IPO firms conducting quick SEOs have higher announcement period returns and poorer long-run stock price performance than those experienced by counterparts. Overall, the empirical results suggest that Chinese IPO firms conduct their SEOs quickly probably because they want to time the market instead of financing their capital needs for investment opportunities or capital structure adjustment.
Kazeem Babatunde Impact of Stock Market Performance Indices on Economic Growth Kazeem Babatunde Impact of Stock Market Performance Indices on Economic Growth Новинка

Kazeem Babatunde Impact of Stock Market Performance Indices on Economic Growth

4419 руб.
The controversy on the impact of stock market performance and economic growth and development is empirically evaluated in this study, using Nigerian data. This effort is spurred by the raging debate on the relevance of stock market in promoting economic growth. Using the Ordinary Least Square regression method, the empirical evidence suggest that stock market size and turnover ratio promote economic growth, while stock market liquidity hurts economic growth. Although our result suggests that stock mark performance indices promote economic growth and development, this evidence should be viewed with some caution. The measure of stock market performance used in this study may not be adequate. Although the market capitalization ratio (market capitalization/GDP), value of transactions traded ratio (value of transaction traded/GDP), and turnover ratio (value of transaction traded/market capitalization) as proxies of stock market performance has been popular in literature, it clearly does not include other indicators of stock market development like international integration, market concentration, regulatory and institutional indicators and stock market volatility.
Babatunde Kazeem Impact of Stock Market Performance Indices on Economic Growth Babatunde Kazeem Impact of Stock Market Performance Indices on Economic Growth Новинка

Babatunde Kazeem Impact of Stock Market Performance Indices on Economic Growth

8927 руб.
The controversy on the impact of stock market performance and economic growth and development is empirically evaluated in this study, using Nigerian data. This effort is spurred by the raging debate on the relevance of stock market in promoting economic growth. Using the Ordinary Least Square regression method, the empirical evidence suggest that stock market size and turnover ratio promote economic growth, while stock market liquidity hurts economic growth. Although our result suggests that stock mark performance indices promote economic growth and development, this evidence should be viewed with some caution. The measure of stock market performance used in this study may not be adequate. Although the market capitalization ratio (market capitalization/GDP), value of transactions traded ratio (value of transaction traded/GDP), and turnover ratio (value of transaction traded/market capitalization) as proxies of stock market performance has been popular in literature, it clearly does not include other indicators of stock market development like international integration, market concentration, regulatory and institutional indicators and stock market volatility.
Moshe Omer Variations in Risk Aversion Moshe Omer Variations in Risk Aversion Новинка

Moshe Omer Variations in Risk Aversion

9877 руб.
In this paper recent techniques for recovering information implied by options market prices and realized returns are applied empirically to measure the risk aversion of investors in the Israeli stock market. We determine nonparametric volatility smile, densities and risk aversion functions from a ten years sample of daily option and stock market prices. Moreover, we construct a time series of the absolute risk aversion, and study its variation over time. We report decreasing and generally positive risk aversion function, which varies substantially over time and is negatively correlated with the ATM implied volatility.
Human Resource Strategies for the High Growth Entrepreneurial Firm Human Resource Strategies for the High Growth Entrepreneurial Firm Новинка

Human Resource Strategies for the High Growth Entrepreneurial Firm

6239 руб.
This volume not only illustrates the research that is being done in the area of human resources in entrepreneurial firms but it raisesmany issues that exemplify the complexity of the topic. It is not a case of small versus large firms. There are small established firms, smallstart-up firms and small high growth firms. As pointed out by Alvarez and Molloy these firms differ with established firms dealing with riskwhile high growth firms deal with uncertainty. These firms vary in ownership based on family ownership, ownership by founder, or sometype of privately held stock ownership. These firms also vary based on how they handle people issues: structure versus lack of structure; thetraditional HR functional approach versus the use of people management practices; person-job fit versus person- organization fit; ability andwork experience versus integrity and conscientiousness; work processes and bureaucracy versus agility and adaptability; tasks versus roles;in-house professionals versus reliance on third-party vendors; traditional pay versus variable pay; short-term orientation of incentives versuslong-term orientation of incentives; and many more.We challenge you to pursue this stream of research and to help not only develop theory and conceptual models and pursue empiricalresearch but to also disseminate your information in a way that will help practitioners and owners in all the small and high growth firms.
Konrad Leithäuser Advanced Topics in Accounting Konrad Leithäuser Advanced Topics in Accounting Новинка

Konrad Leithäuser Advanced Topics in Accounting

4152 руб.
Master's Thesis from the year 2010 in the subject Business economics - Accounting and Taxes, grade: 80,0, Lancaster University (Lancaster University Management School), course: MSc of Accounting & Financial Management, language: English, abstract: The aim of this master thesis is to understand if a firm's dependency on the over-all business cycle impacts the performance of accounting-based valuation mod-els. I evaluated stock- and flow-based valuation models and their performance across cyclical and acyclical industries and found that multi-period flow-based models perform well for cyclical firms, while acyclical firms are more accurately valued via market multiples (P/E-multiple). In extension of the empirical findings, an analysis of valuation models used in analyst reports points out that practitioners do not necessarily employ the theoretically superior valuation technique to generate their target prices - while practically used and empirically superior valuation models are consistent in acyclical industries, they significantly differ in cyclical industries. Furthermore, the analysis in this master thesis highlights that analysts show the tendency to adopt different valuation models dependent on the actual cycle phase.
Kerim Galal Strategic Positioning in the Consulting Industry Kerim Galal Strategic Positioning in the Consulting Industry Новинка

Kerim Galal Strategic Positioning in the Consulting Industry

7327 руб.
This book provides an in-depth analysis of strategic positioning efforts of firms in the German consulting market. In his work, the author applies strategic group theory to the German management consulting industry, and provides an empirical test of the performance effects of alternative positioning strategies of management consulting firms. At the core is its empirical research, specifically the analysis of the "service expositions", through which consulting firms communicate the nature of their services to clients. In order to ascertain these service expositions, the author conducts content analysis of 233 consulting firms active in the German market. He then uses the findings in order to cluster the firms into distinct strategic groups and tests for associations between the positioning of firms within their respective group and their performance. Overall, the author finds evidence of three distinct strategic groups of consulting firms that operate in the German market, which he describes as "Standardized Solution Providers", "Functional Specialists" and "Functional Generalists". "Practitioners and industry observers are going to find this book uniquely helpful as it provides clarity on both the macro- and the micro-strategies of consulting firms active in Germany i. e., the overall service portfolio choices they make (which types of services to offer at all), and the specific communicative positioning of these service offerings vis-à-vis...
Sanath Dasanayaka The Impact of Market Orientation on Business Performance. A Study on the Food and Beverage Industry in Sri Lanka Sanath Dasanayaka The Impact of Market Orientation on Business Performance. A Study on the Food and Beverage Industry in Sri Lanka Новинка

Sanath Dasanayaka The Impact of Market Orientation on Business Performance. A Study on the Food and Beverage Industry in Sri Lanka

4839 руб.
Bachelor Thesis from the year 2016 in the subject Business economics - Marketing, Corporate Communication, CRM, Market Research, Social Media, , language: English, abstract: This thesis studies the business performance of firms in the food and beverage industry in Sri Lanka by using the market orientation theoretical framework to explain why some firms are more successful than others. It also investigates how firms become more market-oriented and whether there is a significant relationship between market orientation and business performance. Data was collected through a survey using a self-administered questionnaire. A total of 160 questionnaires were sent to top and middle level managers employed in 21 food and beverage companies operating in Sri Lanka. 120 questionnaires were returned, all of which were usable. In a next step, the questionnaires were coded into SPSS version 21 for Pearson Correlation Analysis and Multiple Regression Analysis.The results from this study indicate that market orientation has a positive impact on business performance of organizations operating in the food and beverage industry in Sri Lanka. Moreover, the results reveal that customer orientation has a positive significant impact on business performance. Also, results suggest that the impact of competitor orientation on business performance is positive and significant. Results suggest that inter-functional coordination has a negative significant impact on business performance of organizations ope...
Kirk Wessel New Product Development Performance Kirk Wessel New Product Development Performance Новинка

Kirk Wessel New Product Development Performance

8139 руб.
This study contributes to the understanding of New Product Develop­ment (NPD) performance by demonstrating how formal interfirm collaborative relationships provide access to important information and how the structure of the formal interfirm network impacts NPD in different ways. The study also develops a dimension of networks, network diversity, and its contribution to NPD performance. In ex­ploring how NPD performance is affected by information available between firms with formal cooperation agreements, it suggests that two aspects of the formal external information network, variety and control, have an impact on a firms NPD performance. Network theory is used to understand information variety and control during NPD. Analyzing a firms egocentric network of formal relationships provides insight about information availability. Egocentric network diversity serves as a proxy for variety of information and egocentric structural holes (connectedness) provide an understanding of information control. The study shows that each of these factors has a differing relationship with three dimensions of NPD performance: innovative­ness, speed, and market performance.
Jiri Crha Insider Dealing and Market Manipulation Jiri Crha Insider Dealing and Market Manipulation Новинка

Jiri Crha Insider Dealing and Market Manipulation

8777 руб.
The issue of capital market protection, especially from manipulation with financial instruments' prices and abuse of inside information, forms the content of this essay. After the legal introduction of market manipulation in EU directives and regulations, which gives manipulation relevant context, there follows the analysis of particular forms of manipulation, which can be used to influence prices of investment instruments. Then, analysis of impact of investment recommendation to selected stock prices (i.e. NWR, ERSTE and Telefónica O2), which are traded on Czech stock market RM-System, is performed. Final chapter of the essay handles the analysis of some market manipulation and insider trading cases from the past, together with the discussion of impacts of stricter regulation of financial markets to their efficient functioning.
Kevin Elsäßer Value Creation of Private Equity Kevin Elsäßer Value Creation of Private Equity Новинка

Kevin Elsäßer Value Creation of Private Equity

5564 руб.
Master's Thesis from the year 2016 in the subject Business economics - Investment and Finance, grade: 1,0, European Business School - International University Schloß Reichartshausen Oestrich-Winkel, language: English, abstract: Private equity companies are seen as high risk investment funds, trying to gain high returns on their investments in a period of around three to seven years. Even if the private equity industry has played an important role in growth or as an external financing source of established companies as well as newly-established companies, private equity investors are not seen as sustainable value creators. In various occasions, private equity funds are even declared as a greedy instrument to earn fast money. In order to analyse whether private equity companies create value in a sustainable way, this study compares the performance of private equity backed initial public offerings (IPOs) with non-private equity backed IPOs. Moreover, it analyses whether private equity backed IPOs outperform the market. This study evaluates the performance of private equity backed IPOs by performing two separate empirical analyses: one focusing on the UK private equity market - the largest private equity market in Europe - and one focusing on the entire European market.The research conducts a quantitative analysis of secondary data, more specifically by using stock prices of private equity backed firms, non-private equity backed firms and applicable benchmark market indices. ...
Mark Ngari James Intellectual Capital Accounting and Business Performance Mark Ngari James Intellectual Capital Accounting and Business Performance Новинка

Mark Ngari James Intellectual Capital Accounting and Business Performance

7477 руб.
From Human Resource Point of view, Intellectual Capital is an Investment in the organization and it is perceived to be strategic resource and a source of competitive advantage and therefore not indicated on the statement of the financial position of the firm. Intellectual Capital in conventional accounting is indicated as a cost rather than an investment. The purpose of this book is to show the relationship between Intellectual Capital Accounting and Business Performance of Pharmaceutical Firms in Kenya and why these firms do not account for human resources as competitive and strategic assets which offer firms a competitive advantage.
Philip J. Steinberg Crossing Boundaries for Innovation Philip J. Steinberg Crossing Boundaries for Innovation Новинка

Philip J. Steinberg Crossing Boundaries for Innovation

8389 руб.
In today's dynamic world, technology and innovation are of extreme importance for many organizations and for the advancement of society as a whole. In the past decades, firms have faced grand challenges of fast-changing innovation environments, shortening product life cycles and increased global competition. Especially those firms that seek to establish and maintain a competitive advantage by following an innovation-related strategy have been pressured to ensure an effective and efficient innovation process. However, a centralized R&D configuration with one large in-house domestic location was in many ways no longer sufficient in achieving this. Instead, firms have increasingly crossed country boundaries, have opened up their organizational boundaries, or have done so simultaneously.While there are first insights on the performance implications of crossing country and organizational boundaries, further research is needed to understand better how firms can effectively manage boundary-crossing activities. This is where this thesis sets in. Despite the heterogeneity in methods and specific research questions, all thesis chapters focus on the related general question: How can firms increase their innovation performance through boundary-crossing activities?The thesis implies that through strategically opening up the R&D system and crossing organizational and country boundaries, firms can build and maintain a competitive advantage. However, managers need to assess wheth...
Marcus Wagner Consistency and Credibility. Marcus Wagner Consistency and Credibility. Новинка

Marcus Wagner Consistency and Credibility.

4352 руб.
Consistency and Credibility? identifies in its first part the extent of correlation between actual environmental performance, the use of physical environmental performance indicators and corporate environmental reporting in the paper and electricity industries in Germany and the UK. The results suggest environmental performance is mainly country-related, possibly due to differences in environmental legislation. This implies that any assessment of the relationship between environmental and economic performance of firms needs to be based on actual environmental performance data and cannot take reporting quality or information about the intensity of use of specific tools, such as environmental performance indicators as a proxy variable. The second part of the book therefore analyses the relationship between environmental and economic performance. Based on the results, the book's second part concludes that for firms in environmentally-intensive industries it is difficult to create a positive link between their environmental and economic performance, and that market settings as well as strategy considerations both can have an effect, but situational aspects determine which of these dominates.Consistency and Credibility? provides useful information for practitioners as well as deeper insights for academics about the link of environmental reporting and environmental performance measurement and how this interacts with economic success. It thus reveals valuable strategic insights ...
Benedicta Leonora Akrono Technological Capability of Small-Scale Furniture Firms Benedicta Leonora Akrono Technological Capability of Small-Scale Furniture Firms Новинка

Benedicta Leonora Akrono Technological Capability of Small-Scale Furniture Firms

4983 руб.
This book explores how small scale furniture firms in Ghana, and Central Region in focus build up technological capabilities. Over time, small scale furniture firms are expected to acquire new knowledge and skills to complement the learning process. Hence, the accumulated skills interact to determine the product and process production technological capabilities. The performance and mastery of these functions would bring about the desired technological capability build-up.
Zubair Ahsan The Momentum Effect . Stock Markets Zubair Ahsan The Momentum Effect . Stock Markets Новинка

Zubair Ahsan The Momentum Effect . Stock Markets

5214 руб.
Traditional finance theory states that predictability of future stock prices and abnormal profit based on the trading strategies are impossible. But, a number of researchers during 1980's document that stock prices are predictable based on their past returns. In 1993, Jegadeesh and Titman discover medium term momentum in stock prices where past winners continue to outperform past losers by around 1% per month over the period of 3 to 12 months. After that numerous studies document that the momentum effect is a worldwide phenomenon. From different possible explanations of the momentum effect, it seems that neither risk related explanation nor data snooping and flawed methodology is able to provide widely excepted explanation of the phenomenon. The behavioural finance theory with the help of some models, however, appears to provide the best explanations for the momentum effect. These behavioural models are too many and none of these models is superior among others because each model individually contributes to explaining the momentum effect in different markets or different stock types.
Iskra Kalodera Essays on Stock Options Iskra Kalodera Essays on Stock Options Новинка

Iskra Kalodera Essays on Stock Options

4314 руб.
This book focuses exclusively on stock options, analyzing their pricing, liquidity, and information transmission empirically. With the help of discrete choice modeling and regression analysis, it offers new insights into the behavior of stock option liquidity as well as the influence of overall market liquidity on option prices. Many observed phenomena find explanation through the market microstructure. The book also provides the most comprehensive analysis of equity options for the German market so far and serves as a guide to up-to-date empirical topics for both researchers and practitioners.
Joseph E. Granville New Key to Stock Market Profits Joseph E. Granville New Key to Stock Market Profits Новинка

Joseph E. Granville New Key to Stock Market Profits

1839 руб.
2010 Reprint of 1963 Edition. In this book Granville reveals a new theory-the On Balance Volume Theory-which he believes to be the most vital key to successful stock market trading. Granville attempts to demonstrate that volume changes precede most price changes, and he offers the stock trader a new key to improved performance and profits.
Volodymyr Perederiy Statistical Techniques for Bankruptcy Prediction Volodymyr Perederiy Statistical Techniques for Bankruptcy Prediction Новинка

Volodymyr Perederiy Statistical Techniques for Bankruptcy Prediction

5477 руб.
Master's Thesis from the year 2005 in the subject Business economics - Accounting and Taxes, grade: 1,0, European University Viadrina Frankfurt (Oder), course: International Business Administration, language: English, abstract: Bankruptcy prediction has become during the past 3 decades a matter of ever rising academic interest and intensive research. This is due to the academic appeal of the problem, combined with its importance in practical applications. The practicalimportance of bankruptcy prediction models grew recently even more, with "Basle-II" regulations, which were elaborated by Basle Committee on Banking Supervision to enhance the stability of international financial system. These regulations oblige financial institutions and banks to estimate the probability of default of their obligors.There exist some fundamental economic theory to base bankruptcy prediction models on, but this typically relies on stock market prices of companies under consideration.These prices are, however, only available for large public listed companies. Models for private firms are therefore empirical in their nature and have to rely on rigorous statistical analysis of all available information for such firms. In 95% of cases, thisinformation is limited to accounting information from the financial statements. Large databases of financial statements (e.g. Compustat in the USA) are maintained and oftenavailable for research purposes.Accounting information is particularly important ...
ZELALEM LEMMA Motivation, Expectation and pay gap for Business Graduates ZELALEM LEMMA Motivation, Expectation and pay gap for Business Graduates Новинка

ZELALEM LEMMA Motivation, Expectation and pay gap for Business Graduates

8777 руб.
For most people who are trying to decide which company to join, the name of the game today is stock opinions. A cross the landscapes of the new economy, young, well educated, talent business peoples are joining up to get a piece of the action. They are willing to forgo target salaries at bigger and better established firms in favor of stock options in upstarts that may be worth a great deal down the road. Obviously, it is not just compensation that motivates people to come to work in most organization rather their prior expectation about the job content, salary pay's hierarchical position e.t.c. Greatly influence both their felling of self worth and performance.
Charles Biderman TrimTabs Investing. Using Liquidity Theory to Beat the Stock Market Charles Biderman TrimTabs Investing. Using Liquidity Theory to Beat the Stock Market Новинка

Charles Biderman TrimTabs Investing. Using Liquidity Theory to Beat the Stock Market

2938.1 руб.
Whether you are an investment professional managing billions of dollars or an individual investor with a small nest egg, TrimTabs Investing shows you how to beat the major stock market averages with less risk. This groundbreaking book begins by comparing the stock market to a casino in which the house (public companies and the insiders who run them) buys and sells shares with the players (institutional and individual investors). TrimTabs Investing argues that stock prices are primarily a function of liquidity—the amount of shares available for purchase and the amount of money available to buy them—rather than fundamental value. Finally, it outlines the building blocks of liquidity theory and explains how you can use them to predict the direction of the stock market. “Charles Biderman, a savvy and battle-scarred veteran of the investment wars, has fashioned an intriguing approach to making money in the stock market that adroitly avoids both heavy-breathing speculation and the standard Wall Street practices that enable investors, big and small, to lose money in good markets as well as bad. Aimed at the sophisticated investor (which may or may not be an oxymoron), the book is written in blessedly straightforward prose and is a worthwhile read for anyone with an urge to have a fling at investing.–Alan Abelson Barron’s “Since the days of Joseph and Pharaoh, it has been axiomatic that the size of the grain harvest affects the level of grain prices; but today’s investors have been slow to appreciate the fact that the supply of stock shares significantly determines the level of stock prices. Biderman’s long overdue book outlines the theory and evidence behind ‘Trading Float,’ the actual—and exploitable—power behind major moves in the stock market. –Paul Montgomery CEO and CIO of Montgomery Capital Management “‘Trade as corporate execs do, not as they say.’ Charles Biderman has built an impressive list of hedge fund clients from this essential insight, and this book does a great job explaining exactly how retail investors can incorporate it into their investing.” –Eric Zitzewitz Assistant Professor of Economics, Stanford Graduate School of Business “Charles Biderman is a smart thinker, clear writer—and he offers here some very interesting ideas. This book is for the little guy who enjoys reading about money and economics, even if he doesn’t adopt the strategies offered here; and for the professional or sophisticated investor, who, to a greater or lesser degree, just might.–Andrew Tobias author of The Only Investment Guide You'll Ever Need
Bartley Madden J. Wealth Creation. A Systems Mindset for Building and Investing in Businesses for the Long Term Bartley Madden J. Wealth Creation. A Systems Mindset for Building and Investing in Businesses for the Long Term Новинка

Bartley Madden J. Wealth Creation. A Systems Mindset for Building and Investing in Businesses for the Long Term

4969.73 руб.
Wealth creation insights by the creator of the company life-cycle framework known as the CFROI valuation model. Investors searching for companies whose future profitability will far exceed that implied in current stock prices, those in business making decisions to improve company performance, and politicians crafting legislation-all use some form of a wealth creation framework. In this book, author Bartley Madden addresses how to think about the complex dynamics in generating wealth and the practical benefits to be gained from upgrading one's wealth creation framework. Throughout these pages, Madden shares six critical insights: A systems mindset focuses not so much on the individual pieces of a system, but on how all the pieces work together to achieve the goal envisioned for the system. The systems way of thinking described in Wealth Creation helps to avoid unintended, bad consequences, and to generate insights for leveraging change that produces big gains in wealth Economic systems – the rules and relationships that exist to create wealth by delivering value to customers – are devilishly complex and therefore solving economic problems requires extensive knowledge. Seen in this light, knowledge growth and wealth creation are two sides of the same coin. A prerequisite to making better buy/hold/sell investment decisions and business judgments is an improved understanding of how wealth is created. An especially useful approach described in this book is to connect business firms' financial performance to stock prices via the firms' competitive life-cycle framework A deeper understanding of business firms makes it plain that customers, employees, and shareholders have mutual, long-term interests. In other words, a free-market system geared to serving customers through competition is a system in which participants share the wealth that is jointly created There is a huge opportunity for sustained, higher economic growth through voluntary initiatives by the private sector. One initiative involves an accelerated implementation of lean management, which was pioneered by Toyota. This is a systems approach that continually purges waste and optimizes the use of resources in delivering value to customers The other initiative concerns improved corporate governance. The wealth creation principles discussed in this book offer a blueprint for boards of directors to vastly improve how they fulfill their responsibility to shareholders, and in so doing, improve the performance of corporate America These ideas have taken shape as a natural outgrowth of a commercial research program that began in 1969 at Callard, Madden & Associates focused on how to value business firms. It produced the CFROI (cash-flow-return-on-investment) metric and its related life-cycle valuation model. This work was further advanced at HOLT Value Associates, which was later acquired by Credit Suisse in 2002. Credit Suisse HOLT continues the research to improve the valuation tools and related global database that analyzes 20,000 companies in over 60 countries. This system is used by a large number of institutional money management firms worldwide in order to make better investment decisions.
Robert Stein The Bull Inside the Bear. Finding New Investment Opportunities in Today's Fast-Changing Financial Markets Robert Stein The Bull Inside the Bear. Finding New Investment Opportunities in Today's Fast-Changing Financial Markets Новинка

Robert Stein The Bull Inside the Bear. Finding New Investment Opportunities in Today's Fast-Changing Financial Markets

1984.58 руб.
The meltdown in the credit markets, the decline in housing prices, and the turmoil in the stock market has rocked the world of the everyday investor. The idea that home ownership and the stock market are the best long-term investments suddenly has been thrown into question. Bearish investment experts are touting historical research that suggests both real estate values and the stock market could stagnate for years to come, thus imperiling the retirement planning of millions of Americans. In The Bull Inside the Bear, investment manager and former Federal Reserve economist Rob Stein argues that the economy is entering uncharted water and investors need to actively manager their portfolios to take advantage of new opportunities and avoid risky sectors. No longer can investors simply rely on a «buy and hold» strategy. The key will be to stay nimble and be ready to increase stock holdings if the economy recovers strongly and be ready to substantially reduce stock holdings if the current problems continue to weigh down economic performance. Moreover, investors must be open to weighting their portfolios in favor of hot sectors depending on economic and financial market performance. Stein argues that it will take several years for the credit markets to stabilize following the crash of the Greenspan-driven credit expansion, which will make investing far more volatile and unpredictable than previously. But by adroitly moving in and out of exchange-traded funds, individual investors will be able to prosper in this new and challenging investment environment.
Tom Copeland Outperform with Expectations-Based Management. A State-of-the-Art Approach to Creating and Enhancing Shareholder Value Tom Copeland Outperform with Expectations-Based Management. A State-of-the-Art Approach to Creating and Enhancing Shareholder Value Новинка

Tom Copeland Outperform with Expectations-Based Management. A State-of-the-Art Approach to Creating and Enhancing Shareholder Value

2381.49 руб.
CEOs and managers live and die by delivering superior performance to shareholders. This is why expectations-based management has been developed. Outperform with Expectations-Based Management (EBM) introduces a revolutionary new performance metric that links performance standards, performance measurement, and the achievement of performance. It's easy to say that if a CEO can get performance measurement right, then performance improvement will follow. But what is the «right» measure of performance, and how do you use it to improve performance? Authors Tom Copeland and Aaron Dolgoff answer these questions and many more, as they show you how to find the measure of performance that has the strongest link to the creation of wealth for the owners of both public and private companies. They answer the puzzle of why growth in earnings is not correlated with shareholder returns and explain the under- and over-investment traps. And they explain how clear communications to investors and managers alike improve value. The bottom line is that share prices go up when companies exceed expectations – short-term and long-term – of income statement and balance sheet performance and daily operating value drivers. Gain a complete understanding of EBM and discover how to do this, and much more, while staying competitive in an unforgiving business environment.
Courtney Smith Option Strategies. Profit-Making Techniques for Stock, Stock Index, and Commodity Options Courtney Smith Option Strategies. Profit-Making Techniques for Stock, Stock Index, and Commodity Options Новинка

Courtney Smith Option Strategies. Profit-Making Techniques for Stock, Stock Index, and Commodity Options

6361.25 руб.
Updated and revised to include a decade of growth in the scope and complexity of options, Options Strategies: Profit-Making Techniques for Stock, Stock Index, and Commodity Options, 3rd Edition is a comprehensive guide to options trading strategies written in clear, non-technical language. In addition to insight into options issues like carrying changes, strike prices, commissions, interest rates, and break-even points, new chapters show how to predict the direction of implied volatility. Accessible examples, charts, and graphs will help you obtain the information you need to succeed in the high-risk, high-profit world of options.
Zahid Bashir Debt Financing and Firm's Performance Decision Zahid Bashir Debt Financing and Firm's Performance Decision Новинка

Zahid Bashir Debt Financing and Firm's Performance Decision

5473 руб.
Debt financing decision is the most important and crucial decision in the study of capital structure and financial structure because it leads to firm’s performance. The current Study empirically investigated a number of factors affecting debt financing decision and firm’s performance for the non-financial companies listed in Karachi Stock Exchange of Pakistan for the period of 2005-2010. The financial theories like Tradeoff theory (TOT) and Packing order theory (POT) has also been tested in order to see the consistency of factors affecting the debt financing behavior in the current study with above said theories. A Panel data of 341 firms has been used for empirical analysis of the current Study. The variation in debt financing is measured by short-term, long term and total debt while the variation in firm’s performance is measured by profitability and Return on Assets. The current study empirically examined the effect of firm’s specific factors by econometric practice “one way-fixed effect regression model”. The Current study will help the reader for understanding how the different factors affects debt financing and firm performance in non-financial sector of Pakistan
Md. Asaduzzaman Shovin Stock Valuation of Berger Paints by Using Fundamental Analysis Md. Asaduzzaman Shovin Stock Valuation of Berger Paints by Using Fundamental Analysis Новинка

Md. Asaduzzaman Shovin Stock Valuation of Berger Paints by Using Fundamental Analysis

8789 руб.
Berger Paints Bangladesh Limited is the largest Paint manufacturer in Bangladesh. It has created a very effective and efficient distribution channel and manufacturing facilities with modern equipment distribution and skilled manpower. With the boom in real estate sector and other development and construction works it has widen the opportunity for paint business nationwide. This study comprises Stock valuation of Berger Paints Bangladesh Limited by using Fundamental analysis. The information I have collected on finance Department were gathered from the day to day work experience and discussion with my colleagues. Fundamental analysis is economic, industry, and company analysis that lead to valuation estimates for companies, which can be compared to market prices to aid in investment decisions. The stock valuation technique is explained here by using Dividend Discount Model (DDM) and Earning Multiplier Model (EMM). This model finds value and compares that with the market price of share. Also here is used the development of trading rules based on past price and volume data for individual stocks, the overall stock market analysis and also the Prices moves trends.
Akampurira Abraham Microeconomics - Development aspects Akampurira Abraham Microeconomics - Development aspects Новинка

Akampurira Abraham Microeconomics - Development aspects

4189 руб.
Doctoral Thesis / Dissertation from the year 2013 in the subject Economics - Micro-economics, grade: A, Atlantic International University (BUSINESS MANAGEMENT AND ECONOMICS.), course: REGIONAL DEVELOPMENT, language: English, abstract: Human beings have wants and they are naturally not self sufficient. They therefore haveto produce and exchange what they do not have with those who have what they want.Right decisions have to be made in regard to the quantities to produce and the prices tocharge by firms. This is done through the demand and supply theory. Supply anddemand in most economies face a lot of challenges. Supply challenges range fromsmall firms with structural supply rigidities to huge firms that act as monopolists andcartels that charge exploitative prices on the consumers. These challenges affect thetrading position of several economies in the international trade. Demand is rapidlyincreasing due to the rapid world increase in population. This paper will cover analysisof decisions of a firm, supply and demand of a commodity, price of a commodity andhow the small economic groups and individuals affect the mentioned variables1.1. Objectives of the study.The course will;- Introduce students to important principles of microeconomics so that they areable to take important decisions in life.- Enable students acquire principles that enable them to analyze day todayproblems.
Marco Petersen Going Public in the USA and the Valuation of IPOs Marco Petersen Going Public in the USA and the Valuation of IPOs Новинка

Marco Petersen Going Public in the USA and the Valuation of IPOs

7077 руб.
Inhaltsangabe:Abstract: In the course of trade liberalization, globalization, and multi-national corporations, companies and private persons invest in and are financed by cross-boarder transactions. There are several key trends that are globalizing the world economy and driving business to become more multinational to survive and prosper. The objectives of this thesis are to give an overview of the going public procedure and the registration requirements for U.S. stock exchanges. Hereby, the paper just focuses on the major U.S. stock exchanges NYSE, Nasdaq and the American Stock Exchange (Amex). Second, the paper gives on overview of valuation methods. However, the paper emphasizes only on those valuation approaches, which are used for valuing firms at IPOs. the thesis discusses the economical benefits of an initial public offering on U.S stock exchanges. the thesis gives recommendations for potential non-U.S. issuers that may pursue a listing on one of the U.S. stock exchanges. Inhaltsverzeichnis:Table of Contents: Table of ContentsIII TablesIX FiguresXI List of AppendixXII AbbreviationXIII SymbolsXVII 1.Introduction1 1.1Relevance of the Topic1 1.2Objectives of the Thesis3 1.3Structure of the Thesis4 2.The U.S. Stock Exchanges5 2.1New York Stock Exchange5 2.1.1Overview5 2.1.2The New York Stock Exchange Market Data6 2.1.3NYSE Listing Requirement7 2.2Nasdaq11 2.2.1Overview11 2.2.2Nasdaq Market Data13 2.2.3Nasdaq Listing Requirements14 2.3Amex18 2.3.1Overview18 2.3.2Amex Market...
Duaa Abu Hamde Performance measurement in palestinian companies. The use of the balanced scorecard (BSC) method by private firms operating in Ramallah Duaa Abu Hamde Performance measurement in palestinian companies. The use of the balanced scorecard (BSC) method by private firms operating in Ramallah Новинка

Duaa Abu Hamde Performance measurement in palestinian companies. The use of the balanced scorecard (BSC) method by private firms operating in Ramallah

2002 руб.
Bachelor Thesis from the year 2013 in the subject Business economics - Business Management, Corporate Governance, , language: English, abstract: This study aims to investigate the usage of performance measures, conceptualized as the BSC measures, within an organizational context.This research considers itself as a descriptive research. The questionnaire was distributed to 46 private Palestinian firms operating in Ramallah from different sectors. The results revealed that the usage of financial measures is still high and ranked first among the four perspectives of the BSC measures. However, the usage of non-financial measures is growing. Only reliance on financial based performance measures is inadequate in the new manufacturing environment. Increase awareness of the importance of non financial performance measures in providing long-term value creation and long-term strategic focus as well as their effects on firm performance leads to several innovations in the area of performance measurement system. One of the widely known innovations in this area is called balanced scorecard (BSC) which has been originated by Kaplan and Norton in 1992. The BSC combines traditional financial measures with non-financial measures through focusing on four perspectives - financial, customers, internal business processes, and learning and growth.
Deena Saleh FDI and Economic Growth in Developing Countries. A Cross Comparison between Egypt and Turkey. Deena Saleh FDI and Economic Growth in Developing Countries. A Cross Comparison between Egypt and Turkey. Новинка

Deena Saleh FDI and Economic Growth in Developing Countries. A Cross Comparison between Egypt and Turkey.

2114 руб.
Seminar paper from the year 2014 in the subject Economics - Macro-economics, general, grade: A1, Hacettepe University (Faculty of Economics), course: Seminar ''Master Degree'', language: English, abstract: International trade and international investment flows has been a main feature of the globalization era. However, international flows of goods, services, labor, and knowledge among national borders is not a recent phenomenon. Since World War II, most countries attempted to increase the rates of their international trade flows due to the increased impact of foreign firms investing on their economic performance. When firms go international, they benefit from the increased international competition, and learn from their global operations. Moreover, these firms can help their domestic economies by providing foreign currency, enhancing domestic productivity, and employment opportunities which positively affect the national trade deficit.
Krug Jeffrey Krug, Jeffrey A. Krug Mergers and Acquisitions Krug Jeffrey Krug, Jeffrey A. Krug Mergers and Acquisitions Новинка

Krug Jeffrey Krug, Jeffrey A. Krug Mergers and Acquisitions

4539 руб.
Mergers and acquisitions can be tumultuous for executives. Target companies can expect to lose close to 40 percent of their top management team within two years after acquisition. Executives who stay often lose status and autonomy and view their company's acquisition as detrimental to themselves both personally and professionally. It is common for acquiring firms to replace target executives with their own shortly after an acquisition. The evidence, however, shows clearly that doing so leads to lower target company performance. Why, then, are acquiring firms so quick to replace target company executives after an acquisition? This book provides executives with an in-depth look at the consequences of M&As for acquired top management teams. It examines M&As as a corporate growth strategy, the importance of top management teams to a firm's long-term performance, the reasons why executives depart after an acquisition, and the effects of these departures on target company performance. It then discusses when executive turnover may be desirable or undesirable and how acquiring firms can more effectively manage target company executive teams during the integration process. An
Payam Haerifar Performance Management in Tesco Payam Haerifar Performance Management in Tesco Новинка

Payam Haerifar Performance Management in Tesco

1989 руб.
Research Paper (undergraduate) from the year 2011 in the subject Business economics - Business Management, Corporate Governance, University of Derby, course: Business economics - Performance Management, language: English, abstract: Performance is explained superficially, which is the achievement of quantified objectives. Performance has an important connotation that is the way that people choose to achieve the objectives. Therefore, performance means process and manner of functioning and operating (or behaviours) to attain beforehand desirable goals (or results) (Brumbach, 1988). The mixed model of performance management is suggested by Armstrong (2006) which is based on these simultaneous elements of performance that are behaviour and result. The considerable aspect of organisational performance management is to maintain the goal congruence. Performance management aligns the organisation's objectives with the individuals' goals. Many performance management theories apportion this alignment as a main endeavour of the performance management process such as Balanced Scorecard. Besides, performance management could converge to strategic development by some modification of its methods and facilitates indirect control of employees by giving a clear target (Otley and Fakiolas, 2000; Hemmer, 1998; Egan, 1995). Organisations usually utilise two main theories to be competent firms in their markets. Those theories are Porter's theory (1980, 1989) and resources and competenc...
Jan Becker Big Data Investments. Effects of Internet Search Queries on German Stocks Jan Becker Big Data Investments. Effects of Internet Search Queries on German Stocks Новинка

Jan Becker Big Data Investments. Effects of Internet Search Queries on German Stocks

5477 руб.
In recent years, the internet has developed very quickly and became a major source of information all over the planet. Many scientists have used search engine query data to forecast econometric time series like consumer confidence indicators, unemployment rates, retail sales, house price indices, stock prices, volatility of stocks and even commodity prices.Following the prior research this study analyzes the impact of internet search engine data on capital markets. Many authors already have contributed to index level data and most of them on the US market.This study adds to the existing literature on the German stock market. Two research questions are answered: First, whether an increase in search queries drives individual stock returns and second, whether queries affect the implied volatility of stock options.After controlling for seasonality, autocorrelation and general market risk, in the further analysis also the Price-to-Book valuation, one year performance and historical volatility are examined in interaction with internet search queries.
Katharina Averdunk Analysis of the Link between Crude Oil and Staple Food Prices and Its Implications on Developing Countries Katharina Averdunk Analysis of the Link between Crude Oil and Staple Food Prices and Its Implications on Developing Countries Новинка

Katharina Averdunk Analysis of the Link between Crude Oil and Staple Food Prices and Its Implications on Developing Countries

4539 руб.
Doctoral Thesis / Dissertation from the year 2010 in the subject Politics - International Politics - Topic: Globalization, Political Economics, grade: 1,3, Carl von Ossietzky University of Oldenburg (Institut für Ökologische Ökonomie), language: English, abstract: Food prices - particularly prices of agricultural commodities used as a feedstock for biofuel production - have reached record highs in 2008. Within a period of slightly more than two years prices for staple food such as corn, soy, wheat, and vegetable oils have more than doubled. This price acceleration occurred at a time of surging crude oil prices and a rapid expansion of biofuel production, which relied nearly exclusively on feedstock from food crops. Consequently, the market development has triggered a controversial debate on the question whether the increase of agricultural prices in line with crude oil prices is a mere coincidence, due to stock market speculation, or result of a lasting integration of the agricultural and the energy sector. In the light of these uncertainties on an issue that could have a strong impact on global producers and consumers of food - particularly those in developing countries - the objective of this study is to analyse under which conditions agricultural commodity and crude oil markets could be linked in the future and in how far an integration of markets would affect developing countries.The dissertation is divided into three parts: Part I analyses under which conditions prices i...
Marfo Agyeman Collins Locations Decision.s Influence on Operations Strategy of Firms Marfo Agyeman Collins Locations Decision.s Influence on Operations Strategy of Firms Новинка

Marfo Agyeman Collins Locations Decision.s Influence on Operations Strategy of Firms

9052 руб.
Locating a manufacturing firm is a challenging task for most managers/owners due to its strategic nature. The significance of selecting perfect locations become important as the success or failure of a firm depends on its location. However, limited information is available on the relative importance of various site selection and operation strategic factors for firms in this sector when making investment and strategic decisions in spite of the continued growth of the industry. Hence, this study determines the importance and the possible relationships between the location decisions factors that influence operations strategy and how these affect the business performance of firms in the manufacturing industry.
Qais Sbaih Cost analysis for private hospitals in palestine Qais Sbaih Cost analysis for private hospitals in palestine Новинка

Qais Sbaih Cost analysis for private hospitals in palestine

2889 руб.
Bachelor Thesis from the year 2013 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 78%, Birzeit University (Business and Econimics school), course: Seminar in Accounting, language: English, abstract: Using the Volume Based Costing (VBC), which is a traditional costing system in hospitals especially if it used to accounting for surgical wards is not efficient and effective. However, prices for medical surgeries calculated using traditional costing system as VBC will not recover the costs incurred by the hospital for these surgeries, if the hospital uses VBC will suffer deficit because the revenues, represented by charged prices, collected for specific medical services will not recover the costs incurred. The reason is, however, the VBC is allocates all the costs into one cost driver, this would give all costs objects unfair share of incurred costs not according to real usage of these costs.To solve that problem, and to set fair prices for patients and hospitals, a hospital should use an advanced costing system as Activity Based Costing (ABC), which is uses more than one costs driver and incur costs objects according to usage.For ArabCare Hospital, Palestine, the prices currently charged which is supposed to be calculated by used ABC is more accurate and fair for both the hospital and patients. However, if the hospital used the volume based costing (VBC) will not recover its costs and expenses. Then, prices charged currently in the op...
Cantutan Deniz Impact of Corporate Social Responsibility on Franchisor.s Performance Cantutan Deniz Impact of Corporate Social Responsibility on Franchisor.s Performance Новинка

Cantutan Deniz Impact of Corporate Social Responsibility on Franchisor.s Performance

5602 руб.
CSR has been in the agenda of many firms for a long time. Throughout this research, the author investigates CSR activities that influence the franchisor's performance in Austria by differentiating between promotional and institutional CSR activities. The results of this study provide support for the conclusion that there is a positive impact of institutional CSR activities on the franchisor's performance.
Nurken Buralkiyev Is corporate governance effective in Kazakhstan. Nurken Buralkiyev Is corporate governance effective in Kazakhstan. Новинка

Nurken Buralkiyev Is corporate governance effective in Kazakhstan.

3252 руб.
Master's Thesis from the year 2013 in the subject Business economics - Business Management, Corporate Governance, grade: 61, University of Sheffield (Management), course: Accounting and Finance, language: English, abstract: The loud corporate failures have seriously shaken the public belief in modern corporate system and challenge the arguments of agency theorists. While modern corporate system in the developed economies has been built for centuries, the issues stemming of separation of ownership and control threaten to be-come considerable for post-transitional countries.This dissertation aims is to assess the effectiveness of corporate governance mechanisms in Kazakhstan. Taking the agency perspective, the assessment is carried out by examining the management turnover - performance relationship in 73 Kazakh firms listed on Kazakhstan Stock Exchange for the period of 2011-2013. The negative association between past performance of firms and management turnover was found significant at borderline line of 5% level, which cannot be interpreted as evidence of strong relationship
Shakir Al-ghalayini The Change in the Stock Price Based on the Information Resulting from the Financial Ratios Shakir Al-ghalayini The Change in the Stock Price Based on the Information Resulting from the Financial Ratios Новинка

Shakir Al-ghalayini The Change in the Stock Price Based on the Information Resulting from the Financial Ratios

3577 руб.
Master's Thesis from the year 2015 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: %86.20, Islamic University of Gaza, language: English, abstract: This study aimed to predict stock prices in Palestine Stock Exchange (PEX) by testing group of financial ratios and find a quantitative model, in which can be relied upon to predict the stock price for each sector. This model will help investors make rational decisions when they make investment decision in the financial market. To achieve this purpose, (17) financial ratios from (35) listed companies were tested using the available data for period 2009-2013.These ratios were analyzed using multiple regression to find the best model for each sector of (PEX). Several financial ratios can be used to predict the stock price in the industry sector, which are (earning per stock, market price on book value, days sales outstanding, fixed assets turnover, return on equity and profit margin). In the investment sector, the following ratios (market price on book value, assets turnover, market price on cash flow and fixed assets turnover) can be used to predict the stock price. Adding to that, the ratios of (earning per stock, market price on book value and return on equity) can predict the stock price of service sector. In the insurance sector, the ratios of (earning per stock, return on assets, debt ratio and assets turnover) can be used in predicting stock price. Finally, the ratios of (market...
Daniel Janocha Stochastic Modeling of Stock Prices Incorporating Jump Diffusion and Shot Noise Models Daniel Janocha Stochastic Modeling of Stock Prices Incorporating Jump Diffusion and Shot Noise Models Новинка

Daniel Janocha Stochastic Modeling of Stock Prices Incorporating Jump Diffusion and Shot Noise Models

5477 руб.
Master's Thesis from the year 2016 in the subject Mathematics - Stochastics, grade: 1,7, Technical University of Darmstadt (Forschungsgebiet Stochastik), course: Mathematik - Finanzmathematik, language: English, abstract: In this thesis, we present a stochastic model for stock prices incorporating jump diffusion and shot noise models based on the work of Altmann, Schmidt and Stute ("A Shot Noise Model For Financial Assets") and on its continuation by Schmidt and Stute ("Shot noise processes and the minimal martingale measure"). These papers differ in modeling the decay of the jump effect: Whereas it is deterministic in the first paper, it is stochastic in the last paper. In general, jump effects exist because of overreaction due to news in the press, due to illiquidity or due to incomplete information, i.e. because certain information are available only to few market participants. In financial markets, jump effects fade away as time passes: On the one hand, if the stock price falls, new investors are motivated to buy the stock. On the other hand, a rise of the stock price may lead to profit-taking, i.e. some investors sell the stock in order to lock in gains. Shot noise models are based on Merton's jump diffusion models where the decline of the jump effect after a price jump is neglected. In contrast to jump diffusion models, shot noise models respect the decay of jump effects.In complete markets, the so-called equivalent martingale measure is used to ...
Mathias Imbach Conglomerate Structure in India. Financially Beneficial or Outdated. The Case of the Tata Group Mathias Imbach Conglomerate Structure in India. Financially Beneficial or Outdated. The Case of the Tata Group Новинка

Mathias Imbach Conglomerate Structure in India. Financially Beneficial or Outdated. The Case of the Tata Group

2927 руб.
Diploma Thesis from the year 2008 in the subject Business economics - Economic Policy, grade: Distinction, London School of Economics (Management and Strategy Group), course: Dissertation Master of Science in International Management, 29 entries in the bibliography, language: English, abstract: The conglomerate structure is still prevalent in India. Recently, however, consultants and international investors have started pressuring business houses to reduce diversification.Focusing on India's most diversified conglomerate and a benchmark portfolio of unaffiliated Indian firms, this study examines the impact of Tata Group affiliation on firm performance. Results show a significant positive relation between group membership and performance, both in terms of Tobin's q and ROA. Differentiating between different degrees of group affiliation(DOA), the analysis further reveals that the higher the influence from the centre, the higher the positive impact on firm performance. From all analyzed DOA factors, the inclusion of senior group level executives or Tata family members in the management of affiliates seems to boostaffiliates' performance the most. A possible interpretation of this finding is that direct managerial involvement from the centre increases firms' access to group level resources. Furthermore, group level executives are matured professionals and leaders, who bring in valuable businessknowledge, thereby increasing the long-term prospects of the affiliate ...
Lita Epstein Trading For Canadians For Dummies Lita Epstein Trading For Canadians For Dummies Новинка

Lita Epstein Trading For Canadians For Dummies

2319.21 руб.
Trading For Canadians For Dummies stresses the practice of position trading, conducting technical analysis on a company and its performance, and research methods that enable the trader to strategically select both an entry and exit point before a stock is even purchased. Adapted for Canadian readers, this edition discusses the Toronto Stock Exchange, brokerage options in Canada, and how Canadians can become certified traders. With Canadian examples and resources, this is the only guide to trading tailor-made for Canadians.
Corine Cohen Business Intelligence. The Effectiveness of Strategic Intelligence and its Impact on the Performance of Organizations Corine Cohen Business Intelligence. The Effectiveness of Strategic Intelligence and its Impact on the Performance of Organizations Новинка

Corine Cohen Business Intelligence. The Effectiveness of Strategic Intelligence and its Impact on the Performance of Organizations

12324.92 руб.
Following a long process of qualitative, quantitative, and empirical research next to Strategic Intelligence (SI) experts and large companies, this book proposes a way to improve SI and its impact on the performance of an organization. From an exploration, description and evaluation model of SI, a measurement tool in two parts has been built. For all kind of firms and all advancement levels of SI, it explains the construction of a control panel which can be used to pilot SI and its impact on the performance of an organization.
Friederike Erhorn Commodities as an Asset Class in Portfolio Management Friederike Erhorn Commodities as an Asset Class in Portfolio Management Новинка

Friederike Erhorn Commodities as an Asset Class in Portfolio Management

5327 руб.
Diploma Thesis from the year 2008 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 1,3, University of Applied Sciences Essen, language: English, abstract: Commodities have become an important tool in portfolio management strategies due to their good performance, the bullish outlook for this asset class over the next decade with commodity prices setting new highs and in contrast, the highly volatile performance of stocks and bonds as well as the major equity crashes in recent years.This book analyses why and which commodities should be added to your portfolio. It gives a thorough introduction and analyses:• Basic concepts of portfolio management and commodities• Different investment exposures to commodities• Return decomposition of commodity futures• Evidence that commodities constitute an asset class• Comparison of the different asset classes regarding risk, return and correlation as well as the performance analysis of the single asset classes with regard to the business cycle and inflation• Efficient frontiers of portfolios with and without commodities over different periods of timeThe key objective of this study is to investigate how commodities as an asset class influence the risk-return-ratio of a traditional portfolio in a passive investment strategy over various periods of time.
Rachel Quero Management Consensus, Its Relation to Quality Performance Rachel Quero Management Consensus, Its Relation to Quality Performance Новинка

Rachel Quero Management Consensus, Its Relation to Quality Performance

3944 руб.
Consensus, or the level of agreement among the senior management team of a firm, had been the subject of interest in strategic management literature. Prior studies seemed to suggest that a higher level of agreement among the executive team would be associated with enhanced firm performance. This study extended prior researches on consensus by finding out if senior managers’ consensus on quality improvement decision processes (which pertained to management procedures for selecting and implementing an improvement theme or project) will be positively related to firm quality performance. In addition, this study attempted to find out if the firm’s emphasis on differentiation strategy vis-à-vis cost leadership strategy will moderate the relationship between consensus on quality improvement and firm quality performance. The study also determined if perceptions on market uncertainty will moderate the relationship between consensus on quality improvement and the quality performance of firms. Primary data were gathered through a survey of 45 Philippine firms taken as sample. Statistical analyses used multiple regression to test the hypothesized relationships among the variables studied.
Metze Juliette Monetary and non-monetary Motivation under Multitasking Metze Juliette Monetary and non-monetary Motivation under Multitasking Новинка

Metze Juliette Monetary and non-monetary Motivation under Multitasking

4664 руб.
This paper investigates the optimal provision of monetary and non-monetary motivation in the presence of multitasking. The base is a multitasking model, where the worker has to exert two tasks. The principal has the opportunity to use monetary and non-monetary incentives to motivate the worker. Monetary incentives are modeled as incentive payments that are additionally paid to a fixed wage. They depend on a performance measure which assigns performance parameters to each task. In most firms performance measure is distorted. Hence, the marginal benefit of each task representing the true contribution to the firm value, differs from the performance parameters. The principal provides non-monetary incentives by exerting costly motivational effort that affects the worker's cost function. In particular, it reduces the worker's cost of exerting effort. Also, different degrees of distortion are analyzed.
Irini Varvouzou Capital Market Anomalies. Explained by Humans Irrationality Irini Varvouzou Capital Market Anomalies. Explained by Humans Irrationality Новинка

Irini Varvouzou Capital Market Anomalies. Explained by Humans Irrationality

5689 руб.
Why do small caps achieve higher risk-adjusted yields than large caps? Why do stock prices increase or decrease upon an index entry respectively deletion? Why does January records higher yields than the remaining months of the year? These as well as other observed capital market anomalies or phenomena could be insufficiently explained by the classical capital market theory, which proceeds on the assumptions that all correspondent information are reflected in the stock prices, all negative effects are directly balanced on the market level and that efficiency of arbitrage principle exists as well as that all market participants act rationally (i.e. optimizing their benefits in the sense of the homo economicus). This motivated some economists and psychologists to include behavioural scientific findings in their research of the influences on the formation of prices on the capital market. In the 1980s the theory of Behavioural Finance was developed, which challenges the homo economicus. Researchers came to the conclusion that humans are not only acting rational, but that they are also influenced by emotions, knowledge and experiences. This new scientific behavioural oriented theory, which is today a separate branch of research, contradicts the classical capital market theory and supplies explanations for the observed phenomena on the capital market.The aim of this book is to demonstrate how human behaviour influences the development on the capital market and how Behavioural Financ...
Kevin Matras Finding #1 Stocks. Screening, Backtesting and Time-Proven Strategies Kevin Matras Finding #1 Stocks. Screening, Backtesting and Time-Proven Strategies Новинка

Kevin Matras Finding #1 Stocks. Screening, Backtesting and Time-Proven Strategies

3309.84 руб.
Practical trading tools and techniques developed by Zacks Investment Research While there are many stock trading systems on the market today, that use a variety of different approaches and indicators, the approach used by Zacks Investment Research is built around the number one driver of stock prices: company earnings. Based on Zacks Research Wizard product, this book provides you with market beating stock selection techniques and advice on how to build your own stock selection system. This practical guide discloses several trading methods that have outperformed the market for a long period of time and shows you how to screen stocks and develop selection criteria to build various types of stock portfolios, such as aggressive growth; growth and income; momentum; and value. Highlights several of Zacks trading methods that have outperformed the market for extended periods of time Discusses how to create customized systems incorporating elements of the Zacks approach with other types of fundamental and technical data Includes a 30-day free subscription to Zacks Research Wizard software Written with the serious investor in mind, Finding #1 Stocks will put you in a better position to excel in today's dynamic markets.
Lakhwinder Pal Singh, Arvind Bhardwaj, Anish Sachdeva Productivity Improvement Measures and Performance of Smes Lakhwinder Pal Singh, Arvind Bhardwaj, Anish Sachdeva Productivity Improvement Measures and Performance of Smes Новинка

Lakhwinder Pal Singh, Arvind Bhardwaj, Anish Sachdeva Productivity Improvement Measures and Performance of Smes

8514 руб.
ISO was found most significant measure as it had appreciably affected all the parameters except inventory level of finished goods, R&D activity, lead time of R&D, total production cost, cost due to customer complaints and cost due to rework. Quality Circles was found the second most important measure as it had significant impact on inventory levels of raw materials, R&D activity, lead time of R&D, total production cost, cost due to customer complaints, cost due to rework/re-inspection, and performance of the suppliers. 5S, suggestion schemes and workers participation were found least significant measures as these measures had affected only a few parameters. JIT was found the most insignificant measures. This is because of unstable demand, lack of proper training of employees to implement JIT. Moreover the small firms are owner managed and they try to implement the measures within their own constraints and not according to the requirement of the measures The firms, which have implemented multiple productivity improvement measures, had performed better than those having single measure. These firms had better understanding of the importance of management
Hendrik Kohleick Modelling extremal stock returns in a stable Paretian environment Hendrik Kohleick Modelling extremal stock returns in a stable Paretian environment Новинка

Hendrik Kohleick Modelling extremal stock returns in a stable Paretian environment

2389 руб.
Diploma Thesis from the year 2003 in the subject Statistics, grade: 1,0, University of Cologne (Seminar für Wirtschafts- und Sozialstatistik), 86 entries in the bibliography, language: English, abstract: Finance experts and statisticians still have considerable difficulties to understand extremal movements in stock prices. Basically, there are two approaches to shed some light on this question: 1. Tail inference based on full parametric assumptions 2. "Letting the tails speak for themselves" This paper discusses both approaches, the stable Paretian distribution serving as a conceptual framework for the analysis.
Moritz Garlichs The Concept of Strategic Fit Moritz Garlichs The Concept of Strategic Fit Новинка

Moritz Garlichs The Concept of Strategic Fit

6064 руб.
Matching an organization's strategy and structure to explain firm performance is one of the fundamental insights in strategic management literature. Successful organizations achieve strategic fit and support their strategy with appropriate structures and processes, while less successful firms typically exhibit poorer fit. Hence, firms will strive for the ideal fit to reach highest performance and outperform those that do not. However, recent developments raise the question if the concept still works today. To answer that question, this study analyzes the concept of strategic fit and examines the different research streams. In order to reach this goal, the empirical literature is classified according to different perspectives and domains of fit and the empirical findings are aggregated and evaluated. Based on the analysis of 105 identified studies publicized between 1962 and 2010, different research streams are highlighted and it is suggested that the performance implications of strategic fit are still valid today.
Peter Leeds Invest in Penny Stocks. A Guide to Profitable Trading Peter Leeds Invest in Penny Stocks. A Guide to Profitable Trading Новинка

Peter Leeds Invest in Penny Stocks. A Guide to Profitable Trading

3309.84 руб.
So, you're interested in penny stocks! Investing in the right penny stocks is one of the mostlucrative ways to make money in the stock market. With the help of The Penny Stock Professional, Peter Leeds, investors can find the best shares with the greatest upside potential while minimizing risk. Invest in Penny Stocks introduces you to Leeds Analysis and shows you how to find penny stocks that are about to spike in price. Discover: How to find the highest quality penny stocks Which penny stocks to avoid How to trade risk free The best buying prices When to take profits If you are interested in investing in penny stocks thenlearn the techniques of The Penny Stock Professional.Invest in Penny Stocks is the only book of its kind andthe tool for penny stock traders.
Peter Ouma Ochuodho, Mboya Kiweu Josephat Real Estate Prices Versus Economic Fundamentals. Nairobi-Kenya Peter Ouma Ochuodho, Mboya Kiweu Josephat Real Estate Prices Versus Economic Fundamentals. Nairobi-Kenya Новинка

Peter Ouma Ochuodho, Mboya Kiweu Josephat Real Estate Prices Versus Economic Fundamentals. Nairobi-Kenya

9714 руб.
The purpose of this research is to establish if the residential property prices in Nairobi city are consistent with the economic fundamentals. The study uses stepwise regression modelling to establish the relationship between house prices and the economic fundamentals. The findings of the study indicate that there is a positive relationship between house prices and economic fundamentals like population growth, rate of inflation and the level of money supply. Surprisingly, a negative relationship is found to exist between the costs of construction and the residential house prices. Other variables, which are the gross domestic product and rate of interest, are removed from the regression during analysis, an indication that they do not have any influence on the residential house prices. Further, the study finds that with exception of population growth, house prices' are less responsive to the variations in the rate of inflation and the level of money supply in the economy. A key finding in this study is that the house prices in Nairobi city are not supported by the gross domestic product, interest rate and the costs of construction.

кешбака
Страницы:


Wealth creation insights by the creator of the company life-cycle framework known as the CFROI valuation model. Investors searching for companies whose future profitability will far exceed that implied in current stock prices, those in business making decisions to improve company performance, and politicians crafting legislation-all use some form of a wealth creation framework. In this book, author Bartley Madden addresses how to think about the complex dynamics in generating wealth and the practical benefits to be gained from upgrading one's wealth creation framework. Throughout these pages, Madden shares six critical insights: A systems mindset focuses not so much on the individual pieces of a system, but on how all the pieces work together to achieve the goal envisioned for the system. The systems way of thinking described in Wealth Creation helps to avoid unintended, bad consequences, and to generate insights for leveraging change that produces big gains in wealth Economic systems – the rules and relationships that exist to create wealth by delivering value to customers – are devilishly complex and therefore solving economic problems requires extensive knowledge. Seen in this light, knowledge growth and wealth creation are two sides of the same coin. A prerequisite to making better buy/hold/sell investment decisions and business judgments is an improved understanding of how wealth is created. An especially useful approach described in this book is to connect business firms' financial performance to stock prices via the firms' competitive life-cycle framework A deeper understanding of business firms makes it plain that customers, employees, and shareholders have mutual, long-term interests. In other words, a free-market system geared to serving customers through competition is a system in which participants share the wealth that is jointly created There is a huge opportunity for sustained, higher economic growth through voluntary initiatives by the private sector. One initiative involves an accelerated implementation of lean management, which was pioneered by Toyota. This is a systems approach that continually purges waste and optimizes the use of resources in delivering value to customers The other initiative concerns improved corporate governance. The wealth creation principles discussed in this book offer a blueprint for boards of directors to vastly improve how they fulfill their responsibility to shareholders, and in so doing, improve the performance of corporate America These ideas have taken shape as a natural outgrowth of a commercial research program that began in 1969 at Callard, Madden & Associates focused on how to value business firms. It produced the CFROI (cash-flow-return-on-investment) metric and its related life-cycle valuation model. This work was further advanced at HOLT Value Associates, which was later acquired by Credit Suisse in 2002. Credit Suisse HOLT continues the research to improve the valuation tools and related global database that analyzes 20,000 companies in over 60 countries. This system is used by a large number of institutional money management firms worldwide in order to make better investment decisions.
Продажа firms performance and stock prices лучших цены всего мира
Посредством этого сайта магазина - каталога товаров мы очень легко осуществляем продажу firms performance and stock prices у одного из интернет-магазинов проверенных фирм. Определитесь с вашими предпочтениями один интернет-магазин, с лучшей ценой продукта. Прочитав рекомендации по продаже firms performance and stock prices легко охарактеризовать производителя как превосходную и доступную фирму.