The key advantages and disadvantages in making a hedging decision

23 Mar 2015

4 (1,583 )

Hedging means to secure against the loss from innumerable risks that rises in worldwide finance market. The term Hedging relates to offset the various risks springing in market through several types of action. Apply to exchange risk, hedging means to alter the composition of assets and liabilities so as to fully or partially offset an existing or potential exposure to the exchange liabilities in overseas currencies . ...

Click here to read more arrow

Stanley Black And Decker Ma Analysis Merger Finance Essay

23 Mar 2015

4 (1,208 )

This paper seeks to conduct an M&A analysis of the merger between The Black & Decker Corporation and Stanley Works. It also seeks to provide details of the announcement and various reactions it elicited in the corporate market. The paper conducts a thorough research on available data on the companies and uses it to conduct the M&A analysis to show the possible projected reactions in the market ...

Click here to read more arrow

Effect of privatization on performance of public corporations

23 Mar 2015

8 (3,095 )

Stock exchanges anywhere in the world provide a platform for investors and capital raisers to come together and get what they want. They assist in trading of stocks and bonds. Apart from that, it can be viewed as a liquidity providing platform. For this purpose, the stock exchange has to have a set of rules that will govern the execution and clearing of trade. Some of the ...

Click here to read more arrow

Analysis Of Small Enterprise: Jones Electrical Distribution

23 Mar 2015

4 (1,574 )

Mr. Jones is having business in a large, fragmented and highly competitive environment. Profitability of his business depends heavily on sales volumes and costs. The sales are growing at around 18% per annum. However, the profit margin is not maintained at a constant level in terms of sales growth. Exhibit I shows that even though the sales growth was achieved in FY 2005-2006, the firm could not ...

Click here to read more arrow

The Success Factors Of Pawn Shops Finance Essay

23 Mar 2015

10 (3,736 )

The pawnshop is where people apply for money loan by giving the pawnshop a pledge. Pledge is any movable thing that can be carried. The most common thing used as a pledge is jewelry, but some of the pawnshops also accept television, camera, video cam and even cell phones. The word "Pawn" comes from the Latin word "PATINUM" which means cloth or clothing. During early centuries, in ...

Click here to read more arrow

Analysis Of Scientific Glass Inventory Management Finance Essay

23 Mar 2015

8 (2,897 )

The products of Scientific Glass include customized and specialized glassware for a variety of organizations such as pharmaceutical companies, hospitals, research labs, quality-control sites and testing facilities. By January 2010, a substantial increase in their inventory balances tied up the capital needed for investment for expansion. The debt-to-capital ratio exceeded the 40% target preventing the company to use their capital in other areas. Also the shipping costs were ...

Click here to read more arrow

An overview of the Bank of Maldives

23 Mar 2015

5 (1,802 )

On 23rd May 1982, Bank of Maldives was registered (Company Registry No. C-22/1982) with Ministry of Home Affairs as a company. On 10 November 1982 BML was registered at Maldives Monetary Authority and was given license to provide banking business in the Maldives. Joint venture with IFCI Bank of Maldives Plc was inaugurated on November 11, 1982 and started commercial operation as a joint venture bank with ...

Click here to read more arrow

Sources Of Finance And Working Capital Management Finance Essay

23 Mar 2015

7 (2,758 )

In the financial context, the working capital management would include the management of debtors, creditors, stock, cash and bank account. This is a kind of short term financing as working capital management will cover current assets and current liability. It is one of the most important and time-consuming activities of the financial manager to ensure the solvency of the firm while attempting to maximize the firm's value, ...

Click here to read more arrow

Comparing Binomial Tree, Monte Carlo Simulation And Finite

23 Mar 2015

8 (2,814 )

In recent years, numerical methods for valuing options such as binomial tree models, Monte Carlo simulation and finite difference methods are use for a wide range of financial purposes. This paper illustrates and compares the three numerical methods. On one hand, it provided general description of the three methods separately involved their definitions, merits and drawbacks and determinants of each method. On the other hand, this paper ...

Click here to read more arrow

Studying The Functions Of The Bank Of England Finance Essay

23 Mar 2015

11 (4,278 )

Introduction The Bank of England also known as the central Bank of England. In 1964 it started as the joint stock company, and in return for a large loan to the government was put in privileged position which enabled it to be a largest private bank. It was then authorized to hold the large gold reserves of the banking system of UK. In 1844 note issuing powers ...

Click here to read more arrow

Pros And Cons Of Capital Budgeting Measures Finance Essay

23 Mar 2015

6 (2,260 )

Capital budgeting refers to the process in which a firm determines whether a project or investment is worth pursuing. More often than not, the process involves a long term assessment of the cash inflow and outflows to determine if the returns generated meet the investment appraisal. The most common methods used are the net present value (NPV) where evaluation of the project is based on the amount ...

Click here to read more arrow

Small and medium enterprise development authority of mauritius

23 Mar 2015

10 (3,826 )

1.1 Introduction SMEs play an important role in all economies and are the key generators of employment and income. 1.2Definitions of SMEs These days, SMEs has become the buzzword in nearly every corner of the world. But, there exists no single definition of SMEs that is used either nationally or internationally. In fact, each country as well as each organization has its own way of defining SMEs ...

Click here to read more arrow

Study Of The Vat System In Ethiopia Finance Essay

23 Mar 2015

11 (4,093 )

Government collects revenue from different types of sources to invest for public services like education, health, road and infrastructure distributes equally to the public. This revenue will be the one in which it levies from different income is called a tax. A tax is a blood vessel of a country for development, most of developed countries their tax harmonies are very attractive and strong, the people are ...

Click here to read more arrow

Liquidity Risk And Maturity Transformation In Banks Finance Essay

23 Mar 2015

7 (2,602 )

This research proposal will focus on one of the key area of risk in banking sector which is liquidity risk. There are three definitions which are commonly used for the liquidity. First one is the ease that the financial instruments can be converted in to cash. Second is market concept of the liquidity is the ability to trade the assets or securities without losing its value. The ...

Click here to read more arrow

International capital budgeting

23 Mar 2015

15 (5,916 )

Executive Summary In today's competitive environment, with companies are looking to expand their business not only nationally but also in foreign markets. For taking the decision on whether to invest in a foreign operation or not the company needs to assess various options it has. Capital Budgeting techniques are used in order to evaluate or compare different proposals. There is a difference in capital budgeting techniques for ...

Click here to read more arrow

Financial Analysis At Emirates Airlines

23 Mar 2015

4 (1,402 )

Emirates Airlines is one of the large airlines of the world. It is also considered i most luxurious airlines. This is Dubai's national airlines. It was found in 1985. It serves almost 2400 flights per week. All these figures clearly depict its glory. (Emirates Airlines, 2010) The financial analysis is done by using the financial statements of Emirates Airlines, the largest airline in the Middle East. In ...

Click here to read more arrow

Limitations Of Agency Theory Finance Essay

23 Mar 2015

10 (3,928 )

Irrespective of the recent well-deserved criticism of Agency Theory I believe it should still play an important role in managerial remuneration. Empirical evidence supports the theory that a conflict of interest exists between shareholders and management. Throughout recent years one of the more commonly discussed management topics has been executive compensation and in particular the size of bonuses awarded to CEOs and other senior management. Agency theory ...

Click here to read more arrow

Capital structure and approaches to capital structure

23 Mar 2015

15 (5,775 )

It is defined as the mix or proposition of a firm's permanent long-term financing represented by debt, preference stock, and common stock equity. Capital structure theory suggests that firms determine what is often referred to as a target debt ratio, which is based on various tradeoffs between the costs and benefits of debt versus equity. The term capital structure refers to the percentage of capital (money) at ...

Click here to read more arrow

Analysis Of Financial Statement Of Telecom Sector

23 Mar 2015

9 (3,465 )

Our analysis as a part of management accounting course in MDI, aims at financial analysis of two distinct companies of Telecom sector of India. Telecom sector is one of the fastest growing sectors and has shown the growth of 9.1% in Q2 of financial year 2009-2010 whereas GDP growth of India has been 5.8%. We have done a comparative analysis of the balance sheet, income & cash ...

Click here to read more arrow

Analyze The Performance Of Maybank Group Finance Essay

23 Mar 2015

11 (4,191 )

3.1 INTRODUCTION In this chapter, the researcher will look at the history of Maybank group as a whole besides that, the researcher will also review and analyze the performance of Maybank group and also Islamic product that been offered by Maybank Islamic Berhad. COMPANY HISTORY 3.2.1 Maybank Maybank was incorporated on 31 May 1960 and began operations on 12 September in the same year, rising from the ...

Click here to read more arrow

The Financial Effect of Bernie Madoffs Ponzi Scheme

23 Mar 2015

8 (3,093 )

Bernard L. Madoff, simply known as Bernie is an American allegedly the operator of what is known as the largest Ponzi scheme in history. Bernie before his capture, acted as the stock broker, investment advisor and non-executive chairman of the NASDAQ stock market (Cherry and Wong 11). It was not later than 2009 when Madoff pleaded guilty; he was guilty for turning his wealth management business into ...

Click here to read more arrow

Report for potential investors in tesco plc

23 Mar 2015

8 (2,891 )

The purpose of this report is for potential investors who are considering buying shares in Tesco plc. The report creates an overall picture of Tesco's financial position and provides an assessment of Tesco's performance over the last three years. The information used to assess the financial position of Tesco was gathered from the Annual report of the last three years. This information was downloaded from the official ...

Click here to read more arrow

Inventory Management In A Manufacturing Company Finance Essay

23 Mar 2015

29 (11,224 )

This research work serves as a practical operating guide for those who wish to introduce effective inventory control in their organizations. More importantly, the research work studies the effect of inventory management on profitability, inventory and the associated costs as well as challenges encountered with keeping inventory. The research work focused on the perspective of inventory control and management in Nigerite Nigeria Limited with a view to ...

Click here to read more arrow

Liquidity Gap Analysis And Schedule Finance Essay

23 Mar 2015

6 (2,346 )

The main technique used to measure liquidity position is liquidity gap analysis. Liquidity gaps are differences between assets and liabilities at present time and in the future (Thomas Barnes 15 Jan 2010). Gaps generate liquidity risk; deficits will require funding and excess will result in interest rate risk. Gaps can either be static or dynamic. Static gaps will consider all assets and liabilities which are actually present ...

Click here to read more arrow

Technological Innovations In The Banking Industry And Their Effects On Performance Finance Essay

23 Mar 2015

7 (2,625 )

CHAPTER 1 INTRODUCTION In recent times, the emergence of Information Technology has been incorporated into the Banking Industry. This advent of Information Technology (IT) has propelled a noticeable change in the Banking Sector. Information Technology (IT) to all computer based information systems used by an organisation and their underlying technologies (Langdon and Langdon, 2006) Information Technology systems are revolutionising the operations of firms, industries and markets. Langdon ...

Click here to read more arrow

Financial performance of microfinance institutions

23 Mar 2015

21 (8,125 )

Financial Performance of Microfinance Institutions Abstract The paper investigates the financial attractiveness of microfinance institutions (MFI's). With the use of CAMEL methodology is the performance of MFI's analyzed. A comparison with G10 commercial banks shows…. Secondly, the systematic risk factors of MFI's are identified. The study * VU University Amsterdam, Faculty of Economics and Business Administration, De Boelelaan 1105, 1081 HV Amsterdam Comments are welcome at: [email protected] ...

Click here to read more arrow

The Impact Of Structural Adjustment Programmes In Africa Finance Essay

23 Mar 2015

8 (2,978 )

"Illustrating your answer with specific examples, evaluate the impact of structural adjustment programmes on agriculture in southern Africa." Introduction The impact of Structural adjustment programs (SAPs) on the performance of Sub Saharan Africa (SSA) has been deeply investigated and, despite what the International Monetary Fund (IMF) and the World Bank claimed, adjustment policies have often had a negative impact on the poorest and most vulnerable sections of ...

Click here to read more arrow

Financing A New Venture On Entrepreneurs Point Of View Finance Essay

23 Mar 2015

21 (8,146 )

Introduction Starting a business is the dream of many people and the sole option to others. There are many reasons why a person would be willing to start-up their own company but independently of the reason, many of the new entrepreneurs get stuck right in one of the first and very important steps when it comes to start its venture: financial funds to do the jumpstart, also ...

Click here to read more arrow

Sources Of Finances Available To A Business Finance Essay

23 Mar 2015

7 (2,702 )

Starting and running a successful business in the current world is not easy. Due to the rising costs and falling value of stocks, consumers have been left little money to spend. This has led many investors to sell their stock at a loss or just to break even. One way of maintaining a profitable business is constantly injecting some capital into it. Below we identify the major ...

Click here to read more arrow

Ways Of Raising Finance For A Business Finance Essay

23 Mar 2015

6 (2,021 )

There are a number of ways of raising finance for a business. The type of finance chosen depends on the nature of the business. Large organisations are able to use a wider variety of finance sources than are smaller ones. Savings are an obvious way of putting money into a business. A small business can also borrow from families and friends. In contrast, companies raise finance by ...

Click here to read more arrow

Impact of interest rate changes on bank profitability

23 Mar 2015

11 (4,247 )

Over the years, banking system in Pakistan shown enormous growth and potential. The performance and stability indicators showed significant improvement in the profitability of banking system. But now a days banking sector going under pressure. Such as liquidity crunch and solvency problem have significant impact on the performance of banking sector and economy. The financial institution could have managed the situation without any trouble if they have ...

Click here to read more arrow

Study On The Mergers And Acquisitions Of Icici Finance Essay

23 Mar 2015

6 (2,214 )

Mergers and acquisitions have become the most frequently used methods of growth for companies in the twenty first century. They present a company with a potentially larger market share and open it up to a more diversified market. A merger is considered to be successful, if it increases the acquiring firm's value; most mergers have actually been known to benefit both competition and consumers by allowing firms ...

Click here to read more arrow

The Practical Implications Of Capital Asset Pricing Model Finance Essay

23 Mar 2015

8 (3,007 )

Within these components of the portfolio, unsystematic risk can be eliminated by increasing the portfolio size, the reason being these risks (which are specific to an individual security such as business or financial risk) can be eliminated by constructing a well-diversified portfolio. Meanwhile, systematic risks are associated with overall movements in the general market or economy and are often referred to as the market risks. Market risks ...

Click here to read more arrow

Concept Of Maximising Shareholder Wealth And Competing Theories Finance Essay

23 Mar 2015

9 (3,403 )

Maximizing share holder wealth is a concept in which optimally increasing the long-term value of the firm is emphasized. Milton Friedman recipient of the Nobel Memorial Prize in Economic Sciences is often quoted as saying "The business of business is business" He actually did say ""there is one and only one social responsibility of business-to use it resources and engage in activities designed to increase its profits ...

Click here to read more arrow

Reasons Behind The Growth Of Eurocurrency Markets Finance Essay

23 Mar 2015

5 (1,614 )

The Eurocurrency market сonsists of banks, which сalled Euro banks that aссept deрosits and make loans in foreign currencies. Eurocurrency is a deрosit held in the bank outside the сountry in whose currency the deрosit is dominated. The deрosit can be рlaced in a foreign bank or in the foreign branch of a domestiс US bank. For еxample, dollars deрosited in a bank in Switzerland arе Eurodollars, ...

Click here to read more arrow

Impact of Exchange Rates on Stock Market: Evidence from Pakistan

23 Mar 2015

7 (2,577 )

Today in the present world foreign currency is a key component or tool for different kinds of businesses, and many countries in the world did businesses in foreign currencies like in Dollars, Euros etc. on the other hand movement in the stock market index is a key indicator for the financial performance of a country. Stock market may have bullish or bearer trend which reflect its relative ...

Click here to read more arrow

Research On The Importance Of Market Efficiency Finance Essay

23 Mar 2015

5 (1,669 )

Liquidity is a very desirable characteristic for a financial market product. Moreover, efficient market is one where the market price is an unbiased estimate of the true value of the investment. The concept of efficiency is central to finance. Primarily, the term efficiency is used to describe a market in which relevant information is impounded into the price of financial assets. Efficiency is central to finance. Market ...

Click here to read more arrow

A Study On Dividend Signaling Theories Finance Essay

23 Mar 2015

6 (2,219 )

Introduction Dividend announcement is a significant event that is closely scrutinized by a firm's important stakeholders such as investors and financial analysts. Typically, dividend announcement contains information that signals firm's earnings condition. Consequently, financial markets may react to these information releases by directly affecting the announcing firm's stock price. Finance literature suggests that dividend announcement affects a firm's stock price. Stock price may react positively or negatively ...

Click here to read more arrow

Analysis Of Dutch Lady Milk Industries Berhad Finance Essay

23 Mar 2015

6 (2,382 )

Dutch lady is a company that emphasis on the production of the daily product such as sweetener, yogurt, fresh milk and milk powder. Dutch lady had been starting their business in Malaysia since 1950's. The history of Dutch Lady Corporation in Malaysia begins after World War II, Dutch lady was among the several brands that imports the sweetened condensed milk from it's parents company in Holland via ...

Click here to read more arrow

Importance of Petroleum to the Economy

23 Mar 2015

7 (2,492 )

Petroleum became important during the mid -1800s with the increased use of petroleum products such as kerosene for light. The industry soon started growing and the market was introduced with automobile and the internal combustion engine. Petroleum Exporting Countries Organisation (OPEC), a multinational organization has been established to co-ordinate the petroleum policies of its member and to provide the member states with technical and economic aid. [2] ...

Click here to read more arrow

Financial Management Of The Tottenham Hotspur Plc Finance Essay

23 Mar 2015

5 (1,941 )

Tottenham Hotspur is one of the famous Football clubs in England; the club had huge fan base reaching 20 million people worldwide and almost 2.1 million in UK, how ever the current stadium capacity is only 36,500 fans. The "one Hotspur membership" scheme the club created attracted over 70,000 fans. Since one of the revenues sources is attendance, the club starts thinking of expanding or building new ...

Click here to read more arrow

Overview Of The Unit Trust Industry In Malaysia Finance Essay

23 Mar 2015

11 (4,203 )

In general, a unit trust is a collective investment plan where the money or capitals invested by the investors are combined into a legally formed trust fund. The money is managed by the professional fund managers acting on behalf of the investors. Unit rust investment offers reasonable amount of return with minimal risk. It is managed by qualified management team at minimal cost, minimizing, liquidity and capital ...

Click here to read more arrow

Capital Market Development Behavior Share Price In Nepal Finance Essay

23 Mar 2015

38 (14,944 )

The title itself justify the importance of the research for the finance degree, however, the previous research done in this filed in Nepal is not satisfactory. This is the reason that made researcher to do some research in this topic hoping the conclusion made would be beneficial for investors and fill the gap between the researches. Financial markets can also be defined as the centers or arrangements ...

Click here to read more arrow

Corporate Social Responsibility In The Banking Sector Finance Essay

23 Mar 2015

16 (6,346 )

Since ancient times banking practices have always played a significant role in the development and progress within an economy. Banks facilitate financial transactions by collecting deposits from savers and lending loans to those in need of credit. Thus, it enables those that have surplus funds to meet with those who need further funds for expansion and investment purposes. However, it is often the case that mismatches occur ...

Click here to read more arrow

The Effect Of Dividend Policy Finance Essay

23 Mar 2015

11 (4,284 )

The issue of how much a company should pay its stockholders as dividend is been of concern to managers. The optimal dividend policy of a firm depends on investor's desire for capital gains as opposed to income, willingness to forgo dividends for future returns, and perception of risk associated with postponement of returns. Management is often in a dilemma; whether to pay dividends or to retain them ...

Click here to read more arrow

The Difference Between International Banking And Global Banking Finance Essay

23 Mar 2015

7 (2,759 )

To define a banking system as International or Global is quite difficult because there is no clear-defined Bank system model. We can make a certain classification by looking at the way in which foreign assets are funded and liabilities are managed. The international model of banking system relies more in Centralised funding which means that assets funds and liabilities (gathered mostly by bank domestic market) are shared ...

Click here to read more arrow

The Meaning and Importance of Capital Expenditure

23 Mar 2015

5 (1,604 )

Expenditure means a payment made by a business to obtain some benefits, i.e., assets, goods and services (AINAPURE, varsha and ainapure, mukund, 2009). 1.2 Meaning of Capital Expenditure or Asset Capital expenditure is that expenditure which is for future benefits. It means expenditure for gaining an asset. Asset is a resource controlled by an organization as a result of past event and for which future benefits are ...

Click here to read more arrow

A review of capital structure theories

23 Mar 2015

9 (3,221 )

1.0 Introduction One of the most contentious financial issues that have provoked intense academic research during the last decades is the theory of capital structure. Capital structure can be defined as a 'Mix of different securities issued by a firm' (Brealey and Myers, 2003). Simply speaking, capital structure mainly contains two elements, debt and equity. In 1958, through combining tax and debt factors in a simple model ...

Click here to read more arrow

The Unbiased Predictors Of Future Spot Rates Finance Essay

23 Mar 2015

8 (2,912 )

Market efficiency is a concept that is controversial and attracts strong views, pros and cons, partly because of differences between individuals about what it really means and partly because it is a core belief that, in large part, determines how an investor approaches investing. This report provides a simple definition of market efficiency considers the implication of an efficient market for investors and summarizes some of the ...

Click here to read more arrow

An Introduction to the concepts of CAPM AND APT

23 Mar 2015

10 (3,789 )

In the past, the most investors have seen the national barriers as insuperable and hence have delimited their decision and options to only the domestic markets or the regional markets. However, disposing the restrictive barriers over time leads investors or financial institutions to open up to the world and so that, particularly investors in developed countries hold the foreign investment instruments in their portfolio. However, this situation ...

Click here to read more arrow

A Financial Comparison Between Two Companies Finance Essay

23 Mar 2015

10 (3,737 )

Find the most recent financial statements for two companies of same industry which are listed in KLSE (Kuala Lumpur Stock Exchange). Evaluate the financial position and performance for each of these two companies using accounting ratio analysis. You are required to compute and compare the accounting ratios between these two companies, and conclude the results of your finding. The limitations or problems of using accounting ratios for ...

Click here to read more arrow

The Possible Risks In Apparel Retailing Firm Zara Finance Essay

23 Mar 2015

7 (2,491 )

"Risk is a threat that a company will not achieve its corporate objective." (Harris Jones 1998) "Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs." (Bruntland, 1987) Sustainability explores two of the most important challenges faced by organisations in the 21st century. One is the successful management of human recourses in a time ...

Click here to read more arrow

Users Of Accounting Information In Tesco Finance Essay

23 Mar 2015

8 (2,907 )

As the development of the global accounting standards, the International Financial Reporting Standards is widely recognized over 100 countries Bloomer, 2005. It is very important for an international firm to use the global financial standards to presenting its accounting information for its investors. So, more and more companies present their financial information in the International Financial Reporting Standards to their internal and external users. As one of ...

Click here to read more arrow

Ratio Analysis Of British Airways Plc Finance Essay

23 Mar 2015

9 (3,496 )

British Airways PLC is the largest international airline of United Kingdom. It is based at the London Heathrow Airport and the busiest airports in the world. It is serves 96 million passengers a year using around 441 airports in 86 countries and more than thousand planes. British airway is fiercely competitive, heavily regulated and highly exposed to changes in customer behaviour and consumer confidence. British airway has ...

Click here to read more arrow

Study On The Financing Of The Wembley Stadium Finance Essay

23 Mar 2015

5 (1,607 )

When critiquing the financing of the Wembley Stadium project ii is important to analyse the financial instruments used. The main financial instrument used was a senior loan agreement. This consisted of a 13-20 year £426.5 million loan from the German bank WestLB to WNSL. The long natured maturity of the loan arrangement used in the Wembley stadium project is a fundamental advantage to the project. Loans are ...

Click here to read more arrow

Advantages And Disadvantages Of The Dual Listing Structure Finance Essay

23 Mar 2015

5 (1,853 )

This paper is an attempt to analyze the most important issue (dual listing) for the demise of the multibillion dollar dream of Bharti Airtel and MTN, which was not just legal, regulatory and commercial but also political. An in depth study has been made to explain dual listing of companies and also why India cannot adopt the regime as of today. An attempt has been made to ...

Click here to read more arrow

Agency Theory - Accounting practices

23 Mar 2015

7 (2,744 )

Agency theory the contribution of agency theory to the development of current accounting practices Introduction The aim of this report is to develop a relationship between agency theory and the existing practices of accountancy. In the report, the problem of agent-principal will be described with the main consequences for business-related relationship. After identifying the problem, the accountancy practices will be linked to the issues addressed in model ...

Click here to read more arrow

The Uses And Misuses Of Derivatives Finance Essay

23 Mar 2015

18 (7,018 )

Hedge funds are pools of investment that invest in almost any opportunity in any market where they foresee impressive gains at reduced risk. Hedging refers to implementing strategies that manage or protect against an identified risk exposure. They take leveraged positions in publically traded equity, debt, foreign exchange and derivatives. The primary aim of most hedge funds is to reduce volatility and risk while attempting to preserve ...

Click here to read more arrow

Relationship Between Balance Of Payments And Exchange Rate Finance Essay

23 Mar 2015

7 (2,519 )

The accedence of developing countries such as China, Thailand, Vietnam…to the international trade give them the prosperous and economic growth; however the countries have faced many issues in managing their macro-economy to sustain the economic growth and development. Especially, in Vietnam, the government usually has serious difficulties in managing and operating the economic with the deficit in the Balance of Payments, the depreciation domestic currency and retraining ...

Click here to read more arrow

Conflicts Of Interest Between Managers Owners And Creditors Finance Essay

23 Mar 2015

7 (2,505 )

Managers, owners and creditors usually have the same fundamental objective that is to see the business prosper in the companies. But when companies are in financial distress, conflicts of interest between managers, owners and creditors arise. The reason to answer this problem is just because managers have different goals from owners and creditors. As we know, managers are usually hired to run a business of companies on ...

Click here to read more arrow

The Importance Of Capital Gearing Finance Essay

23 Mar 2015

13 (4,904 )

Financing and investment are two major decision areas for a company. In the financial decision, the company concerns with determining the best capital structure. There are only two ways that a business can raise money - debt or equity. With the right option, the business can minimize its cost and maximize company value. Bos and Fetherston (1993) described that determining debt and equity is an important financial ...

Click here to read more arrow

Using Campari To Assess The Lending Proposition Finance Essay

23 Mar 2015

5 (1,970 )

Where the arrears raise, the bank, as mortgagee, can handle them rely on legal options and the Council of Mortgage Lenders Statement of Practice on Handling of arrears and Possessions and the Mortgage Code. Mortgage Code assists with protection for the mortgage borrowers. The registration of the lenders to the Code is regulated by The Council of Mortgage Lenders. The Statement gives the general guidance for lenders ...

Click here to read more arrow

Roles of a financial manager

23 Mar 2015

17 (6,440 )

Introduction Of The History Of The Function And Qualifications Of A Financial Manager First we need to understand the term ‘financial manager', Brealey, Myers and Allen (2008, p.6) referred this term to anyone in an organization who is specialized in finance and responsible for the company's investment or financing decision, large corporation may name it as ‘controller', international conglomerates even appoint a Corporate Financial Officer [CFO] to ...

Click here to read more arrow

Scenario And Challenges Of Retail Banking In India Finance Essay

23 Mar 2015

10 (3,895 )

ABSTRACT This paper discusses the overview of retail banking in India. It further explains the scope & tremendous growth of this segment among the other segments of banking. The retail sector in India has huge potential & is expected to grow at a rapid pace when overall banking sector is expected to grow at 30% this year. The current scenario, products & services offered advantages; disadvantages, issues ...

Click here to read more arrow

The Criticism Of The Modigliani And Miller Hypothesis Finance Essay

23 Mar 2015

5 (1,623 )

Capital structure has a major implication to the ability of firms to meet the various needs of stakeholders. There were various studies carried out on capital structure and major development on new theories for optimal debt to equity ratio. The first milestone on the issue was set by Modigliani and Miller(1958) through which they presented in their seminal work two important propositions that shaped the economic theory ...

Click here to read more arrow

Objectives and purpose of factor analysis

23 Mar 2015

10 (3,776 )

Factor Analysis is extensively used in business research. The purpose of factor analysis in business research is to reduce the number of variables by using lesser number of surrogate variables (factors) while retaining the variability. The primary objective is to capture some psychological states of customers/ respondents that cannot be measured directly. This is usually implemented by constructing a scale that measures attitudes, perceptions, motivations, etc of ...

Click here to read more arrow

Dividend Payments Impact On Shareholders Wealth Finance Essay

23 Mar 2015

7 (2,542 )

Dividend is a form of payment made to shareholders by an organization; It's a profit which is paid out to the company shareholders. When a profit is earned by the company, the profits are used again to invest for a better growth of the company for its future, or it can also be paid to the company shareholders in the form of dividends. Dividends are also paid to ...

Click here to read more arrow

The Financing Structure Of Unilever Plc Finance Essay

23 Mar 2015

9 (3,217 )

Unilever Plc (Unilever) operates as a single business entity. It was formerly known as Lever Brothers Limited. Unilever NV and Unilever Plc are the two parent companies of the Unilever Group having separate legal identities and separate stock exchange listings for their shares. Unilever Plc (Unilever) is a leading food and personal care product offering company in the world. The company is engaged in the manufacturing and ...

Click here to read more arrow

Background of Corporate Governance in Business

23 Mar 2015

6 (2,118 )

Businesses around the world need finance to investors in order to grow and expand. Before investing investors need to have trust that the business is being well managed and will continue to more profitable. In order to have this, Investor looks to the annual report and other information releases. They expect that the annual report and other accounts present a true and present picture of company. There ...

Click here to read more arrow

Non financial factors before decision to discontinue course

23 Mar 2015

6 (2,031 )

As the course used to be popular, there must be certain amount of students have joined for this course. Thus, if Mawar College wants to discontinue this course, they must place their first priority to these students. As what they expected, students will have tons of questions and of course they will feel frustrated and angry. They could even come out with the petition with the hopes ...

Click here to read more arrow

The Importance Of Liquidity For Commercial Banks Finance Essay

23 Mar 2015

3 (1,045 )

1.Explain the importance of liquidity for commercial banks and identify the main sources of liquidity in a typical commercial bank's balance sheet. 3 2.Outline the reasons why, as a matter of monetary policy, central banks control liquidity in the banking system. 4 3.Describe briefly the method(s) used by central banks to control liquidity in the banking system. 5 References 6 Explain the importance of liquidity for commercial banks and identify the ...

Click here to read more arrow

Advantages And Disadvantages Of Shareholder Value Approach Finance Essay

23 Mar 2015

8 (2,853 )

Nowadays shareholder value approach reflects to a modern management philosophy, which implies that an organization measures its success by enriching its shareholders. Shareholders or stockholders are individuals or institutions that owns in a legally form shares of a corporation. They are considered to be a subset of stakeholders, which are all individuals or communities, who have a direct or indirect interest in the business entity (e.g. suppliers, ...

Click here to read more arrow

Reprimanding Unacceptable behavior

23 Mar 2015

4 (1,287 )

Reprimanding is a form of punishment which is can be used in decreasing problematic behaviors. It simply means to be scolded, yelled at, and bawled out or to be chastised verbally for exhibiting unwanted target behavior. Reprimands are useful when a person is engaging in mannerisms that call for immediate action because may be it is harmful to others, self or to a property. Reprimands should be ...

Click here to read more arrow

Analysing the Payback Period when making an investment

23 Mar 2015

5 (1,679 )

Payback Period is the length of time required before the total of the cash inflows received from the project is equal to the original cash outlay i.e. the length of time the investment takes to return its initial capital. In yet another definition, it is the ratio of initial fixed investment over annual net cash flows. The decision criterion is that if the payback period is less ...

Click here to read more arrow

Ethics In Business: The Bernard Madoff Investment Scandal

23 Mar 2015

10 (3,862 )

The organizational leadership of Bernard Madoff Investments Securities LLC was held by Bernard Madoff himself. Madoff's charismatic leadership style included seducing friends, those in secluded groups, and even his own employees. He seduced his clients by making them to believe they were investing in something special. He would often turn people away, which helped Bernard in courting people and charities with more assets to offer. Bernard Madoff ...

Click here to read more arrow

Net present value and other investment

23 Mar 2015

5 (1,687 )

Question 1 List the methods that a firm can use to evaluate a potential investment. The methods used to evaluate a potential investment of the firm are as follows Net present value(NPV) Internal rate of return(IRR) Profitability index(PI) Cash discounted flow Pay back period Accounting rate of return(ARR) Question 2 Why is the NPV a preferred method when evaluating a potential investment opportunity? Npv can ...

Click here to read more arrow

The impact of financial leverage on return and risk

23 Mar 2015

19 (7,496 )

In this paper the author explained that each has an inherent risk in its operation which is generally related to the economic conditions in which the firm is operated. Business risk and the economic is not related to the firm financial structure but it is the function of economic conditions. Financial risk is another risk which is resulted from the financial decisions with the debt and preferred ...

Click here to read more arrow

Method Of Calculating Shareholder Value Analysis Finance Essay

23 Mar 2015

6 (2,390 )

This study illustrates the theory, model and method of calculating Shareholder Value Analysis using Alfred Rappaports SVA model. The literature review is the critical relevant work on capital structure. The literature review is focused bonds as a debt instrument. SHAREHOLDER VALUE ANALYSIS (SVA) AstraZeneca Plc. Alfred Rappaport in 1986 coined the term Shareholder Value Analysis. The concept of shareholder value analysis revolves around another concept called Value ...

Click here to read more arrow

Theories Of The Term Structure Of Interest Rates Finance Essay

23 Mar 2015

8 (2,913 )

This coursework explains what information does 'term structure of interest rate' gives to finance executives while analyzing project. Term Structure of interest rate is important in formulating investment decisions. Term structure of interest rate compares the market yield (Saunders & Cornett, 2003, p. 190). The shape of the yield curve reflects the market's future expectation of the interest rate. Thus, the term structure is important for a ...

Click here to read more arrow

Study On The Uk Corporate Governance Code Finance Essay

23 Mar 2015

6 (2,100 )

Stakeholders are any entity (person, group or possibly non-human entity) that can affect or can be affected by the actions or policies of an organization. It is a bi-directional relationship. Each stakeholder group has different expectations about what it wants and different claims upon the organization. If we took governance only into account it means it is the process of decision-making and the process by which decisions ...

Click here to read more arrow

Is Profit Maximization Consistent With Wealth Maximization Finance Essay

23 Mar 2015

6 (2,299 )

The objective of the firm is to make profits by meeting the needs of stakeholders. Generally, ceteris paribus, the objective of the firm is to maximize its ultimate value through profit maximization, while incurring the lowest costs. Basically, the ultimate objective of the firm is to acquire maximum profits and wealth for its shareholders. It is important to note that, the value of the firm is signified ...

Click here to read more arrow

The Effect Of Financial Constraints On Small And Medium Enterprises Finance Essay

23 Mar 2015

12 (4,434 )

CHAPTER 1 Introduction The relation between financial constraints and the survival and growth of the SME has been document across Africa and world. The researcher will look at the economy of Kenya and make evident of the financial constraints that are facing the small and medium enterprise hence affecting the survival and growth of small and medium size enterprises. There is a need to research in this ...

Click here to read more arrow

The Stock Market Values Of Usec Finance Essay

23 Mar 2015

7 (2,435 )

The report values the existing operations and future projects of USEC and analyses whether the stock market is significantly over or undervaluing the business. USEC is the world's leading provider of enriched uranium to the commercial power plants with a 50% market share in the North America. The current share price fairly reflects the existing operations and future growth of those operations. However, there are two important ...

Click here to read more arrow

Performance and goals of RHB Bank Berhad Malaysia

23 Mar 2015

7 (2,496 )

As the Department of IT (2011) states "RHB Bank Berhad is based in Kuala Lumpur, Malaysia. It covers variety of financial aspects of people and organizations such as commercial banking, corporate and investment banking. The merger of Kwong Yik Bank and DCB Bank on 1997 resulted to RHB bank, RHB Bank is a part of RHB Capital Berhad financial". The Department of (2011) explins that "Today, the ...

Click here to read more arrow

Advantages And Disadvantages Of A Multinational Corporation Finance Essay

23 Mar 2015

5 (1,858 )

The entities which are operating in more than one country are called Multinational Corporations. The typical Multinational Corporation functions with a headquarter in one country while other facilities are based in other countries. Multinational Corporation is also referred to transnational corporation. The model of the Multinational Corporation may vary but its simplest form is one that is headquarter in one country and its working units in other ...

Click here to read more arrow

Analyzing And Evaluating The Capital Structure Of Coca Cola

23 Mar 2015

6 (2,365 )

Corporate finance is to maximize company value and managing financial risk, in all firms, managers try to achieve a return greater or the same as required by the firm's owners, firm can be financed either by equity or by debt, by debt, lenders require a return to compensate their opportunity costs which makes their capital available. It is convenient for corporation to fund internally as no issuing ...

Click here to read more arrow

Advantages of Learning Organization

23 Mar 2015

3 (1,115 )

Due to impacts of the international financial crisis and the notable slowdown of the economy, Bank co has encountered more challenges. Accordingly, Bank co is transforming from an operational company to a sales-oriented one, in a bid to enhance their competitiveness. As the customer services centers are established and original branch institutes are shut down, the structure change influences 7 percent of the workforce. The board doesn't ...

Click here to read more arrow

Case Study About The Different Sources Of Finance Finance Essay

23 Mar 2015

18 (6,947 )

The concerning case study is based on a prospectus entrepreneur, John Caird. The case study will give its reader a clear concept about the different sources of finance. It will also help to identify the appropriate sources of finance in some specific categories. This case study will also help those who are prospective in business. Here, one will find the use and effect of some practical finance ...

Click here to read more arrow

Financial market is important for Savers and Borrowers

23 Mar 2015

4 (1,469 )

What is financial markets and why it is important for savers and borrowers? Financial market is a system that includes an individuals and institutions, and procedures that together borrowers and savers and it is no matter where is the location between the savers and borrowers. The main role for financial market is to facilitate the funds from the individuals and business that have the majority fund to ...

Click here to read more arrow

Literature Review About E Banking In India Finance Essay

23 Mar 2015

11 (4,069 )

Abstract Due to increase in use and popularity of internet, E-banking has contributed in economic growth to a large extent. E-banking is a modern service provided by banks all over the world (Poon, 2008). E-banking came into existence from the use of Automatic Teller Machines (ATMs), telephone banking, direct bill payment, electronic fund transfer (EFT) and the revolutionary online banking (Poon,2008). E-banking refers to banking through internet. ...

Click here to read more arrow

Examining the usefulness of Financial Statement Analysis

23 Mar 2015

10 (3,785 )

Financial statement analysis involves the assessment of a business's past, present and future condition. The objective is to identify the weaknesses as well as the strengths of a business. If weaknesses are found, the business can take appropriate steps to correct or overcome them. On the other hand, the business can use its strengths to its advantage. In this way, the business will be able to improve ...

Click here to read more arrow

A Pest Analysis Of Hsbc Bank Finance Essay

23 Mar 2015

6 (2,276 )

The political instability that the country has suffered throughout history and still has not only affected the general conditions of Pakistan but also the foreign investors and multinational countries. Though HSBC is a foreign bank and the reporting line is in Middle East and London but the political conditions in the country affects its activities to quite an extent as ultimately the State Bank of Pakistan supervises ...

Click here to read more arrow

Impact Of The Collapse Of Pan Electric Industries Finance Essay

23 Mar 2015

13 (5,027 )

Pan-Electric Industries was a Singapore-based company that specialized in marine salvage work and had 71 subsidiary companies, it including hotel and property interests with a market capitalization of S$230 million (Wikipedia). The main business of Pan-Electric Industries was the manufacture of refrigerators. In March 1985, Pan-Electric Industries Ltd had joined Tan Koon Swan's business kingdom. Pan-Electric defaulted on S$7.5 million installment for S$75 million syndicated loan by ...

Click here to read more arrow

The First Generation Currency Crisis Model Finance Essay

23 Mar 2015

7 (2,590 )

Reinhart, 1999). A currency crisis is an episode in which the exchange rate depreciates substantially during a short period of time. The models in this literature are often categorized as first-, second- or third-generation. FIRST GENERATION CURRENCY CRISIS MODEL: The classic first-generation models are those of Krugman (1979) and Flood and Garber (1984). It is a model without uncertainty. It states that, traders speculate against fixed exchange ...

Click here to read more arrow

The Life Insurance Policy Riders Finance Essay

23 Mar 2015

22 (8,781 )

Mr A has a life insurance policy with ABC Life Insurance for a sum assured of Rs. 5 lacs. He takes a loan of Rs. 2 lacs from ABC Life Insurance and the policy is assigned to ABC Life Insurance. Mr. B is the Nominee under the policy. Mr. A dies and Rs. 2 lacs is payable to ABC Life Insurance and the remaining Rs. 3 lacs ...

Click here to read more arrow

The Sources Of Finance Available To A Business Finance Essay

23 Mar 2015

10 (3,875 )

The finance is top most requirements to establish a business and maintain it. No business can survive without funds and to have those funds company has to seek for sources of finance. There are several sources of finance in today's business and company has to decide which source is affordable for the company and suitable for their business. Usually organizations don't rely on one financial source but ...

Click here to read more arrow

Types Of Securitization Instruments Finance Essay

23 Mar 2015

9 (3,566 )

Securitization defined as process by which loan is made into tradable security. It becomes tradable security when against it any negotiable instrument or bill of exchange is issued which is backed by the loan or receivables "Securitization generally refers to the sale of assets, which generate cash flows, from the institution that owns them, to another company that has been specifically set up for the purpose, and ...

Click here to read more arrow

The Importance Of Accurate Financial Statements

23 Mar 2015

3 (841 )

The role of financial accounting is not to show the value of a company, but rather it provides enough information for others outside the company to determine the value of the company for themselves. Financial Statements according to Oxford Online Dictionary are annual statements summarizing a company's activity over the last year. They consist of   the profit and loss account, balance sheet,   statement of total ...

Click here to read more arrow

Working Capital Versus Capital Expenditure Management Finance Essay

23 Mar 2015

11 (4,351 )

The purpose of this research is to investigate the impact of firms' capital expenditure on their working capital management. Net Liquidity Balance and Working Capital Requirement for determination of working capital requirement and developed multiple regression models. The empirical research found that organisation's capital expenditure has a significant impact on working capital management. The study also found that the firms' operating cash flow, which was recognized as ...

Click here to read more arrow

Objectives And Goals Of Central Banks Finance Essay

23 Mar 2015

17 (6,464 )

Every central bank is responsible of implementing a monetary policy which aims at ensuring economic growth, low inflation and currency stability and to do that lowering inflation is the best way for enhancing economic growth and development. So eventually every year central banks with the help of the governments set indicative inflation target and try to maintain it within the target band. In addition central banks need ...

Click here to read more arrow
ORDER TODAY!

Our experts are ready to assist you, call us to get a free quote or order now to get succeed in your academics writing.

Get a Free Quote Order Now