minister of finance incorporated singapore

... the needs of individual borrowers, overcoming the rigidities typically embedded in the standards conditions of official finance. Strengthening informal finance 37 enhances the franchise of the ... efficiently, the reputational capital of an agent must equal the present value of the stream of future profits, or franchise value, of her business. The concept of reputational capital is meaningful ... Structural implications of CTF Circuit theory of finance (CTF) bears important implications in terms of financial market structure, microeconomic imbalances, and the role of saving for economic...

Ngày tải lên: 24/10/2012, 09:33

Ngày tải lên: 17/08/2013, 09:29

Ngày tải lên: 07/09/2013, 13:19

... inflow) .Finance has to do with correctly dealing with this time dimension of cash flows. Principle 4: Know how to compute the cost of financial alternatives Financial alternatives are often bewildering: ... financial equivalent of this hackneyed expression is: Diversify the assets you hold; don't hold just a few stocks or bonds- buy a porfolio. Simmon Benninga, Principles of Finance with Excel ... accounting data to their cash equivalents. Much of finance involves first translating accounting information into cash flows. Principle 3: The time dimension of financial decisions is important Many...

Ngày tải lên: 09/12/2013, 20:15

... external focus of the chief financial officer (CFO), financial responsibilities outside of the finance organization, commercial and investment banker relationships, and the role of the rating ... of Corporations, 5th ed., by Arthur S. Dewing (New York: Ronald Press Co., 1953). ■ Rosemary Loffredo, assistant treasurer of International Paper, who was my copresenter of an early version of ... range of experience. Results lying outside of the interquartile range were considered as unacceptable and worthy of corrective action. For example, a current ratio of less than 1.0 was often...

Ngày tải lên: 18/12/2013, 09:12

... Thomas A. Rietz University of Iowa Michelle A. Romero Georgia Institute of Technology Klaus Sandmann University of Bonn Sudipto Sarkar National University of Singapore Charles Schell ... reduces the value of the error function after each presentation of the input records. ANNs sometimes share the problem of local minima and the problem of overtraining. Because of the non-linearity ... cross-section of expected stock returns. Journal of Finance, 47, 427–66. Fama, E. & French, K. (1993). The economic fundamentals of size and book-to-market equity. Journal of Financial...

Ngày tải lên: 25/01/2014, 16:20

... Paperman (Journal of Finance, 1996) model to infer the probability of informed trading. The paper establishes that trading activity is positively related to the probability of informed trading ... Ltd. 5 Toh Tuck Link, Singapore 596224 USA office: 27 Warren Street, Suite 401-402, Hackensack, NJ 07601 UK office: 57 Shelton Street, Covent Garden, London WC2H 9HE Printed in Singapore. ADVANCES ... individual’s type and the terms of trade offered, the agent decides how large a trade to make. As the analysis of VW shows, and this paper confirms, the terms of trade determined by equilibrium...

Ngày tải lên: 19/02/2014, 13:20

... Global Association of Risk Professionals, Inc. (GARP™) does not endorse, promote, review or warrant the accuracy of the products or services offered by Your Portfolio101 of FRM related information. ... Association of Risk Professionals, are trademarks owned by the Global Association of Risk Professionals, Inc. CFA Institute does not endorse, promote or warrant the accuracy or quality of Your ... years of professional experience in a finance related field. Once you pass the exams and the other requirements are fulfilled, you are able to use the certification. In the Jungle of Finance...

Ngày tải lên: 21/02/2014, 22:20

... divided by 100,000 = 1%) of the outstanding shares. He will receive 1% of any dividends paid by the corporation and would receive 1% of any remaining assets upon dissolution of the corporation, ... types of securities they may hold. Hedge funds are very risky and suitable only for individuals of very high net worth who clearly understand the risks. CLASSES OF SHARES Funds may offer ... interest rate due in 2017. The par value of the bond is also referred to as the face value or face amount of the bond. The inter- Boston Institute of Finance Mutual Fund Advisor Course...

Ngày tải lên: 22/02/2014, 06:20

... The third form of investment takes place when the owners of the company leave the profits of the company in the business rather than taking the money out of the company in the form of dividends. ... of this reinvestment is represented on the balance sheet by the retained earnings of $1,357,000. 19. Preferred Stock, $150,000 Holders of this class of stock receive priority in the payment of returns ... principle lower of cost or market. If the economic value of the inventory improves because of selling price increases, because of other market conditions, or because the cost of replacing it...

Ngày tải lên: 22/02/2014, 06:20

... most microfinance NGOs but retaining high levels of usability. Although often unregulated and towards the informal end of the formality spectrum they have a stronger culture than NGOs of sharing ... operate at the upper end of the target market for microfinance. ■ Policy Lending Institutions (agricultural banks and state commercial bank microfinance) Significant volumes of lending and savings ... part of the process of preparing this paper, but even now not quite half of WSBI’s members in developing and transition economies that do some form of lending are covered. That said, over 80% of...

Ngày tải lên: 06/03/2014, 10:20

... and 8 (v) Low level of human resource development The severe shortage of professional personnel constitutes an obstacle to the development of all sectors. Lack of adequately trained people ... subsequent partition of Africa in 1910, a big part of Rwanda was annexed to neighbouring countries. This caused the loss of 1/3 of the Rwandan internal market and a large part of its natural resources; ... depletion of bio-diversity, erosion and land slides, pollution of waterways and the degradation of fragile ecosystems, such as swamps and wetlands. The average population growth of 3% per...

Ngày tải lên: 08/03/2014, 06:20

... 48 of the planned Conch Bay skyscrapers as of the end of 2011. Construction cranes crowd the field of vision on both sides of the river, and thousands of workers are teeming about the work sites. ... funding 17 was CDB soft loans, which accounted for the bulk of lending to the city’s LGFVs. CDB accounted for 64 percent of loans to Chongqing Expressway Development Corporation, one of the largest ... collapse of the Soviet Union only three years earlier. China’s central government had been losing its share of tax since 1978, with its share of revenue falling to less than 15 percent of gross...

Ngày tải lên: 16/03/2014, 21:32

... visit our Web site at www.wiley.com. Library of Congress Cataloging-in-Publication Data: Boston Institute of Finance Boston Institute of Finance mutual fund advisor course: series 6 and ... shares of the same company’s common stock. Assume a convertible bond has a par value of $1,000 and a conversion price of $50. The par value of the bond is also referred to as the face amount of ... interest payment of $70. Corporate bonds are long-term liabilities of a corporation. Corporate bonds are a form of debt and are a promise on the part of the corporation to pay a sum of money (usually...

Ngày tải lên: 23/03/2014, 12:20

... linbh@ba.ntust.edu.tw Jerry M. C. Wang Department of Business Administration National Taiwan University of Science and Technology Chapter 10 Asli Ascioglu Assistant Professor of Finance Bryant College 1150 Douglas ... Ness University of Mississippi College of Business, Holman Hall Univ ersity, MS 38677 Tel: 662-915-6940 Email: rvanness@bus.olemiss.edu Chapter 7 Bonnie F. Van Ness University of Mississippi Department of Finance ... values of firms increase with the number of citations received per patent. Validating the use of patent data is beyond the scope of this study. Indeed, the attempt is to operationalize the concept of...

Ngày tải lên: 23/03/2014, 12:20

... course of events. The observations in the profitability range —0.20 to +0.20 were separated into 10 sub-samples, each covering a profitability range of 0.04. The observations in each of these ... number of observations varies a fair amount among the sub-samples, from a low of 1,214 firm-years (—0.20 to —0.16 profitability range) to a high of 7,734 firm-years (0.12-0.16 profitability ... results of Collins, Pincus, and Xie, (1999). Collins Coefficient of Coefficient of Difference etal. earnings book value ^1 — ^2 Xt B,-i SilP'] S 2 [y'] Current Coefficient of Coefficient...

Ngày tải lên: 23/03/2014, 12:20

Ngày tải lên: 23/03/2014, 12:20

Ngày tải lên: 23/03/2014, 12:20

Ngày tải lên: 29/03/2014, 09:20