... the factors leading to the crash of 2007 andthebanking crisis of 2008, andthe interaction between these factors An understanding of these factors is vital as the first step to designing a banking ... banks inthe region) began to limit the capital in ow This was done by buying back inthe market the THB that they had just sold In essence the central bank was turning on the money printing press ... andthe oil shock of 1973–1974 were the first steps leading to an integrated global economy A major event inthe opening up of financial markets inthe United States was the broadening of the investment...
... Summary Introduction Remunerationinthebanking sector Introduction Salary levels inthebanking sector Remunerationinthe investment banks Remuneration practices andthebanking crisis The framework ... 2008–09 Banking Crisis: reforming corporategovernanceand pay inthe City Remunerationinthebanking sector Introduction Thebanking crisis has propelled the issue of remuneration practices inthe ... from the Treasury Committee during the current Parliament 114 Banking Crisis: reforming corporategovernanceand pay inthe City Summary In this Report, the third in our series on the banking...
... Economist Intelligence Unit Limited 2009 Strengthening governance, risk and compliance inthebankingindustry Preface Strengthening governance, risk and compliance inthebankingindustry is ... layout and design Our thanks are due to all of the survey respondents and interviewees for their time and insights March 2009 Strengthening governance, risk and compliance inthebankingindustry ... Economist Intelligence Unit Limited 2009 Strengthening governance, risk and compliance inthebankingindustry I n absolute terms, banks have progressed farther than companies in many other industries...
... RISK-TAKING BEHAVIOUR AND OWNERSHIP INTHEBANKING INDUSTRY: THE SPANISH EVIDENCE Abstract: This paper analyses the determinants of risk-taking inthe Spanish financial intermediaries ... or Anderson and Fraser (2000) analyse the link between managerial ownership and risk-taking Demsetz and Strahan (1997) analyse the link between size and bank risk Risk taking inthe Spanish banking ... will result in greater risk-taking, is also reflected inthe result obtained from the analysis of the impact of turnover in governing bodies on risk-taking inthe following period In Commercial...
... year prior to the merger, the beginning of the event window; at the announcement and 2½ years after the merger, the end of the event window Accounting Performance Techniques The accounting performance ... over the whole event window of the study for the acquiring banks pre- and post merger, and for the period prior to the merger for the target banks The Sharpe Ratio The Sharpe Ratio, or Sharpe Index, ... the combined firm after the acquisition Furthermore, accounting studies employ control firms in order to control for economy The accounting techniques help in accessing the firm’s liability and...
... Economist Intelligence Unit Limited 2009 Strengthening governance, risk and compliance inthe insurance industry Preface Strengthening governance, risk and compliance inthe insurance industry ... layout and design Our thanks are due to all of the survey respondents and interviewees for their time and insights February 2009 Strengthening governance, risk and compliance inthe insurance industry ... helped the insurance industry to weather the crisis better than their counterparts inbankingand securities, some insurers did encounter unforeseen exposures in their investment portfolios, the...
... understanding in their customers’ financial situation, credit histories and changes in their operations However, it is possible that findings and results will be the guideline not only for the further ... following: Determining the customer expectations to Agribank in Ho Chi Minh City Building up the research model to measure customer satisfaction based factors influencing to them Examining the ... satisfied when using the bank services and products The study "Customer satisfaction and service quality inthebankingindustry (Agibank) in Ho Chi Minh City" is done not out of purpose and with a...
... lacunas and problems whether actual or potential concerning the financial systems, the financial operations, the financing plans, the accounting, the audits, the budgets and any other matter of a financial ... Hazard andthe Survival Value of Risk The Agent-Principal Conundrum Trading in Sovereign Promises Portfolio Management Theory Going Bankrupt inthe World The Author Introduction The securities industry ... (retail chains) including: training, pricing, pecuniary and quality supervision, network control, inventory and accounting controls, advertising, local marketing and sales promotion and other network...
... lacunas and problems whether actual or potential concerning the financial systems, the financial operations, the financing plans, the accounting, the audits, the budgets and any other matter of a financial ... Hazard andthe Survival Value of Risk The Agent-Principal Conundrum Trading in Sovereign Promises Portfolio Management Theory Going Bankrupt inthe World The Author Introduction The securities industry ... (retail chains) including: training, pricing, pecuniary and quality supervision, network control, inventory and accounting controls, advertising, local marketing and sales promotion and other network...
... ‘‘coin -in- the- slot’’ machines At last, the phonographic industry had evolved into the music-box industryIn Europe andinthe United States, more and more music-box producers joined the business.15 ... Large print runs and cost advantages could thus be attained Until the beginning of the twentieth century, the music publishing industry sat center-stage inthe music industry s value-adding chain ... clearly show how inthe 1920s a structural break the Jazz revolution—allowed the broadcasting industry to assume a dominating role inthe music industry s value-adding chain, thus enabling it to enforce...
... 319–340 339 Investment Climate, India Business Investor Dialogue sponsored by the Global CorporateGovernance Forum andthe Securities & Exchange Bureau of India, andthe India–China CorporateGovernance ... Kolkata, Mumbai, and New Delhi We approached all firms inthe BSE 200 index with central offices in these cities; these firms include 26 of the firms inthe BSE 30 index and 131 of the BSE 200 firms.3 ... norms; and (iii) use current indices In contrast, the S&P and CLSA indices are becoming dated The principal studies which develop and assess overall governance measures for emerging markets include:...
... compared thecorporategovernance practices score of the financials industry with those of all other nonfinancial industries, the financial industry (45.8) performed better incorporategovernance ... the mean of the other sectors (43.5) There are two possible reasons First, 17 given the important financial intermediation role of thebankingand financial services industryin an economy, there ... efficiency and productivity gains for individual companies and their investors, andthe results then have positive impact on the overall economy (OECD, 2004) Recognizing the importance of corporate governance, ...
... compared thecorporategovernance practices score of the financials industry with those of all other nonfinancial industries, the financial industry (45.8) performed better incorporategovernance ... the mean of the other sectors (43.5) There are two possible reasons First, 17 given the important financial intermediation role of thebankingand financial services industryin an economy, there ... efficiency and productivity gains for individual companies and their investors, andthe results then have positive impact on the overall economy (OECD, 2004) Recognizing the importance of corporate governance, ...
... compared thecorporategovernance practices score of the financials industry with those of all other nonfinancial industries, the financial industry (45.8) performed better incorporategovernance ... 50.4 The second highest industry group, inthe quality of its corporate governance, was the financial industry with mean score a 45.8 The oil and gas sector achieved the poorest result of all industry ... than the mean of the other sectors (43.5) There are two possible reasons First, given the important financial intermediation role of thebankingand financial services industryin an economy, there...
... in DLC), minus depreciation (Compustat item DEPN)14 The approach used in sorting and ranking the residuals inthe modified Jones model in equation (3) and re-classifying the firmmonths into the ... firms are in continuous operations by altering the timing of cashflow recognition in earnings Invented in 1494 by a Franciscan monk named Luca The financial reporting industry is a huge and lucrative ... by the SEC, the media, andthe public in earnings quality issue inthe 2000s, particularly after the various accounting scandals epitomized by the Enron case, and increased regulatory scrutiny...
... Foreign investors would lose confidence in U.S banks An Example: Continental Illinois Bank Rescuing Continental Illinois Bank Continental Illinois Bank had $3 billion in insured deposits and $30 ... unfavorable information in their public financial statements Issue a “cease and desist” order requiring the bank to stop doing things that cause financial troubles and to correct problems Impose fines ... Why did Continental Illinois fail? Starting inthe late 1970s, the bank grew fast, with lots of loans to businesses Poor quality loans Too many loans to firms inthe oil industry Too...
... concerning the policy and legal frameworks, procedures, and institutional capacity for improving corporategovernance practices in China The study reflects the increasing emphasis that IFC andthe ... PM corporategovernancein china of the institutions of corporategovernance At the company level, IFC is playing an important role in bringing Chinese companies closer to international standards ... in Shandong province; interviews with enterprise and government officials in Beijing, Chongqing, Chengdu in Sichuan province, Shunde in Guangdong province, and other localities; and findings...