a new model for banking and investment

The future of finance a new model for banking and investment

The future of finance a new model for banking and investment

... removing many protectionist barriers Globalization flourished as markets opened up; new capital was made available to business with Latin America, Asia, and Central and Eastern Europe.1 A paradox of ... “qualitative” analysis that can be applied, and which would influence the rating, because, unlike a corporation, a CDO is simply a brass plate on a wall Unfortunately, CDO quantitative analysts and ... Introduction xix Market Instability Derivatives and Mathematical Modeling Senior Management and Staying in the Game Macroprudential Financial Regulation and Cycle-Proof Regulation The Way Forward Conclusion...

Ngày tải lên: 30/10/2014, 16:18

227 509 2
Banking Crisis: reforming corporate governance and pay in the City docx

Banking Crisis: reforming corporate governance and pay in the City docx

... have behaved, how shareholders have contributed, what part credit rating agencies have played, how auditing and accounting standards have operated and finally what role (if any) the media has ... urgently address the problem of a lack of transparency in bonus payments at the part -and wholly nationalised banks and ensure that clear and comprehensive information about bonus payments and promises ... Templeman applauded the FSA’s decision to adopt a non-prescriptive approach and used the analogy of the framework for corporate governance as the way forward—setting a clear, principled code and...

Ngày tải lên: 19/03/2014, 11:20

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Strengthening governance, risk and compliance in the banking industry

Strengthening governance, risk and compliance in the banking industry

... Austria Canada New Zealand Bahrain Singapore Belgium 2 Cambodia Puerto Rico Finland Hong Kong Poland Brazil South Africa Greece United Arab Emirates Hungary Japan Malaysia Netherlands Pakistan ... Pakistan United States Virgin Islands Ireland Zambia Italy 2 Kazakhstan Latvia Spain In which region are you personally based? What are your organisation’s global annual revenues in US dollars? (% respondents) ... risk thresholds, data access and other controls centrally Fewer opportunities for fraud What would be the biggest drawbacks of an initiative to standardise and automate financial processes? Select...

Ngày tải lên: 06/12/2015, 23:13

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Tài liệu RISK-TAKING BEHAVIOUR AND OWNERSHIP IN THE BANKING INDUSTRY: THE SPANISH EVIDENCE ppt

Tài liệu RISK-TAKING BEHAVIOUR AND OWNERSHIP IN THE BANKING INDUSTRY: THE SPANISH EVIDENCE ppt

... them is a dummy variable that takes a value of for Commercial banks and zero for Savings banks For Commercial banks, we also consider an indicator of shareholder concentration We assume that Commercial ... observations Of the total number of firms, 50 are Savings banks and the rest are Commercial banks We collect the data from Annual Balance Sheets and Profits and Losses Accounts Data on Savings banks ... Organizational form and risk taking in the savings and loan industry Journal of Financial Economics, 44: 25-44 Fama, E F & M C Jensen 1983 Agency problems and residual claims Journal of Law and...

Ngày tải lên: 16/02/2014, 06:20

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determining value creation through mergers and acquisitions in the banking industry using accounting study and event study methodology

determining value creation through mergers and acquisitions in the banking industry using accounting study and event study methodology

... Morgan and Chase Manhattan Corp., JP Morgan Chase and Bank One, Bank of America and Fleet Boston, Citicorp and Travelers Group Inc and Pacific Northwest Bancorp., and Wells Fargo & Co It will examine ... Study and Accounting Study Parameters An Event study uses transactions data from financial markets to predict the financial gains and losses associated with newly disseminated information For example, ... Values, OCF Values and ACF values on quarterly basis for banking industry on quarterly basis for the same time period before and after the Merger Figure 1: ASPRs’ values for Acquirers before and...

Ngày tải lên: 13/07/2014, 21:12

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Strengthening governance, risk and compliance in the insurance industry

Strengthening governance, risk and compliance in the insurance industry

... States of America 20 Western Europe 30 United Kingdom South Korea Canada Nigeria Brazil 4 North America 25 Asia-Pacific 20 Middle East and Africa 14 Latin America Eastern Europe China India Netherlands ... integrated approach to managing financial processes can be a source not only of efficiency but also of strategic advantage Many companies are aiming at achieving that added value through governance, ... be able to quickly model and price the actuarial effects of, for instance, a widespread outbreak of avian flu Companies that integrate risk, pricing, location and sales activities should be able...

Ngày tải lên: 06/12/2015, 23:13

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Customer satisfaction and service quality in the banking industry (agribank) in ho chi minh city

Customer satisfaction and service quality in the banking industry (agribank) in ho chi minh city

... service quality, service value, and their satisfaction Researchers have emphasized firm image affects perceptions of quality performance as well as satisfaction and loyalty (Andreassen & Lindestand, ... SERVQUAL model are included and measured in the FTSQ model to make the study more feasible and reasonable With those above mentioned advantages and disadvantages, the SERVQUAL model and FTSQ are reference ... but also in Vietnam, Vietnam Bank for Agriculture and Rural Development (Agribank) is one of the leading commercial banks with 2200 branches and transaction offices, 98 branches and transaction...

Ngày tải lên: 21/05/2016, 22:58

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Facts and Fictions in The Securities Industry potx

Facts and Fictions in The Securities Industry potx

... more and more, a separation was maintained Venture capital and risk capital funds, for instance, are purely financial investors So are, to a growing extent, investment banks and other financial ... of a share - or of the market as a whole - changes as a result of externalities Substantive news, change in management, an oil shock, a terrorist attack, an accounting scandal, an FDA approval, ... technical and fundamental - are less sharply demarcated nowadays "Fundamentalists" insert past prices and volume data in their models - and "technicians" incorporate arcana such as the dividend stream...

Ngày tải lên: 09/03/2014, 02:20

289 462 1
Facts and Fictions in The Securities Industry pot

Facts and Fictions in The Securities Industry pot

... of a share - or of the market as a whole changes as a result of externalities Substantive news, change in management, an oil shock, a terrorist attack, an accounting scandal, an FDA approval, a ... technical and fundamental - are less sharply demarcated nowadays "Fundamentalists" insert past prices and volume data in their models - and "technicians" incorporate arcana such as the dividend stream ... authors of a paper published by NBER on March 2000 and titled "The Foundations of Technical Analysis" Andrew Lo, Harry Mamaysky, and Jiang Wang - claim that: "Technical analysis, also known as...

Ngày tải lên: 24/03/2014, 02:20

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creativity and innovation in the music industry

creativity and innovation in the music industry

... offices and sales organizations in France, Russia, and Austria–Hungary In only years, Lindström mutated into a globally acting corporation that was comparable to the world market leaders Victor, Gramophone, ... Asia - Afghanistan Skandinavisk Grammophon AS, Copenhagen, Denmark The Gramophone Co., Hayes, Middlesex, UK (since 1907) Agencies in: - South Africa - Australia - New Zealand etc Deutsche Grammophon, ... the fall of 1901, they travelled India, Burma, Thailand, China, and Japan to conquer these markets for the Gramophone Company as well The recordings they made had no documentary character and...

Ngày tải lên: 29/05/2014, 15:15

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balasubramanian et al - 2010 - the relation between firm-level corporate governance and market value - a case in idian [icgi]

balasubramanian et al - 2010 - the relation between firm-level corporate governance and market value - a case in idian [icgi]

... Virginia Beach for helpful comments and suggestions and Sheena Paul, Andrew Schwaitzberg, and Mandy Tham for excellent research assistance We thank Pedro Matos and Miguel Ferreira for sharing ... corporate governance result in higher valuations in emerging markets? Another examination using a new data set Journal of Banking and Finance 33, 254–262 Patel, Sandeep A. , Balic, Amra, Bwakira, ... Bhattacharyya and Rao (2005) examine whether adoption of Clause 49 (an important set of governance reforms in India) predicts lower volatility and returns for large Indian firms Black and Khanna...

Ngày tải lên: 02/01/2015, 17:33

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thang nguyen ngoc - 2011 - corporate governance and its impact on the performance of firms in emerging countries - the evidence from vietnam [cg]

thang nguyen ngoc - 2011 - corporate governance and its impact on the performance of firms in emerging countries - the evidence from vietnam [cg]

... existing and future laws and regulations that deal with corporate governance issues, standards and practices These include (i) disclosure and transparency requirements for Board of Management ... governance has firms  capable  of  emerged as an competing  at  home  and important issue for scholars as overseas.” well as policy makers and managers in Vietnam 18 N.N. Thang / VNU Journal of Science, Economics and Business 27, No. 5E (2011) 12‐19 ... Vietnam, the legal and regulatory framework has changed considerably in recent years and it is recognized that there are still gaps and need for improvement The following laws are part of major...

Ngày tải lên: 02/01/2015, 17:33

8 436 1
thang nguyen ngoc - 2011 - corporate governance and its impact on the performance of firms in emerging countries - the evidence from vietnam [cg]

thang nguyen ngoc - 2011 - corporate governance and its impact on the performance of firms in emerging countries - the evidence from vietnam [cg]

... existing and future laws and regulations that deal with corporate governance issues, standards and practices These include (i) disclosure and transparency requirements for Board of Management ... governance has firms  capable  of  emerged as an competing  at  home  and important issue for scholars as overseas.” well as policy makers and managers in Vietnam 18 N.N. Thang / VNU Journal of Science, Economics and Business 27, No. 5E (2011) 12‐19 ... Vietnam, the legal and regulatory framework has changed considerably in recent years and it is recognized that there are still gaps and need for improvement The following laws are part of major...

Ngày tải lên: 06/01/2015, 19:47

8 396 0
Corporate governance and its impact on the performance of firms in emerging countries  The evidence from Vietnam

Corporate governance and its impact on the performance of firms in emerging countries The evidence from Vietnam

... future laws and regulations that deal with corporate governance issues, standards and practices These include (i) disclosure and transparency requirements for Board of Management members and senior ... corporate governance, to increase public awareness programs and collaboration with other market participants to explain the importance of shareholder participation in company activities and to facilitate ... Vietnam, the legal and regulatory framework has changed considerably in recent years and it is recognized that there are still gaps and need for improvement The following laws are part of major...

Ngày tải lên: 26/03/2015, 08:42

9 421 1
Why democracy and drifter firms can have abnormal returns, the joint importance of corporate governance and abnormal accruals in separating winners from losers

Why democracy and drifter firms can have abnormal returns, the joint importance of corporate governance and abnormal accruals in separating winners from losers

... 1993; Farrell and Whidbee, 2003) or for compensation reasons (Matsunaga, 1995; Balsam, 1998; Matsunaga and Park, 2001; Bartov and Mohanram, 2004; Cheng and Warfield, 2005; Bergstresser and Philippon, ... discretion and governance, and interpreted a negative association as evidence of managerial opportunism (Becker, DeFond, Jiambalvo, and Subramanyam 1998; Gaver, Gaver, and Austin, 1995; Chen and Lee ... earnings and cash flows at their quarterly and annual earnings announcements, well prior to the mandatory 10-Q and 10-K filing dates Real-time data providers such as Compustat and FactSet have also...

Ngày tải lên: 30/09/2015, 17:30

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Market structure and regulation in the u s banking industry

Market structure and regulation in the u s banking industry

... Money, Banking, and Financial Markets, th edition Two Important Ratios  Capital/asset ratio – bank capital as a percentage of bank assets  The average capital/asset ratio for U.S banks was about ... the CAMELS rating for a bank is unfavorable, regulators can take actions like these:  Require banks to disclose unfavorable information in their public financial statements  Issue a “cease and ... (thousands) Bank of America, NA North Carolina 5,781 $563,906,844 JPMorgan Chase Bank, NA Ohio 2,679 $434,752,000 Wachovia Bank, NA North Carolina 3,136 $306,348,000 Wells Fargo Bank, NA South Dakota...

Ngày tải lên: 18/10/2015, 07:57

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Tài liệu Corporate Governance and Enterprise Reform in China docx

Tài liệu Corporate Governance and Enterprise Reform in China docx

... their status and new ideas for ways to support and participate in their future improvement Javed Hamid Director East Asia and Pacific Department International Finance Corporation Homi Kharas Chief ... and mechanisms (contractual, legal, and market) available to shareholders for influencing managers to maximize shareholder value and to fixed claimants, such as banks and employees, for controlling ... contracts and laws play an insignificant role, the autonomy of various parties is limited, the state sanctions all significant interactions, and risks and rewards are largely socialized As a result,...

Ngày tải lên: 09/12/2013, 17:22

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