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 Circuit theory of finance and the role of incentives in financial sector reform

Circuit theory of finance and the role of incentives in financial sector reform

... 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

55 666 0
Case Study - PBE - Ministry of Natural Resource, Mining & Energy

Case Study - PBE - Ministry of Natural Resource, Mining & Energy

... (eg. issuing of permits and licences), science and research, assessment and monitoring of natural systems and risk monitoring. As part of a departmental initiative, NRM&E’s Townsville office were ... for Department of Natural Resources, Mines and Energy. The Department of Natural Resources, Mines and Energy (NRM&E) is responsible for ensuring the sustainable management and use of Queensland’s ... performance of their existing network and at the same time upgrade their system to accommodate any future requirements. At the time, the Department’s current system contained a mix of products...

Ngày tải lên: 18/10/2013, 14:15

2 394 0
Tài liệu Eight principles of finance pdf

Tài liệu Eight principles of finance pdf

... 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

3 408 0
The real world of finance

The real world of finance

... the fall of 1996, the new chairman of Sunbeam Corporation, Al Dunlap, announced that he would eliminate 6,000 jobs (half of the company’s workforce), close 16 of 26 factories, sell off divisions ... 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

224 458 0
Tài liệu The Blackwell Encyclopedic Dictionary of Finance pptx

Tài liệu The Blackwell Encyclopedic Dictionary of Finance pptx

... 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 ... equity premium and the concentration of aggregate shocks. Journal of Financial Economics, 17, 211–19. Markowitz, H. (1952). Portfolio section. Journal of Finance, 7, 77–91. Mehra, R. &...

Ngày tải lên: 25/01/2014, 16:20

389 575 0
Tài liệu Child Health Guidance Document: Standards, Programs & Community Development Branch Ministry of Health Promotion May 2010 ppt

Tài liệu Child Health Guidance Document: Standards, Programs & Community Development Branch Ministry of Health Promotion May 2010 ppt

... Examples of process indicators: ■ Number of policies, staff practices related to implementation of the policies ■ Level of awareness of community partners and/or parents ■ Degree of community ... Dynamics Abuse Of Women ■ In 2006, 38,000 incidents of spousal abuse were reported to police across Canada – charges were laid in 75% of these cases. (11) ■ Less than 1/3 of incidents that ... the abuse of women are reported to police. (11) ■ Girls are at greatest risk of sexual assault by a family member while between 12 and 15 years of age. (11) ■ Sixty-eight per cent of those...

Ngày tải lên: 12/02/2014, 12:20

81 393 0
Tài liệu Standards, Programs & Community Development Branch Ministry of Health Promotion May 2010 pdf

Tài liệu Standards, Programs & Community Development Branch Ministry of Health Promotion May 2010 pdf

... (e.g., Ministry of Health Promotion Family Health Programs, Ministry of Children and Youth Services including, but not limited to, the Healthy Babies Healthy Children Program, Ministry of Health ... provides a literature review and an overview of the types of prenatal education offered in Ontario, a list of potential topics to cover, a variety of effective practices and a resource list. ... ciency of achieving improved reproductive health outcomes. Reproductive Health Guidance Document 3 Table of Contents List of Tables 4 Acknowledgements 5 Section 1. Introduction 6 a) Development of...

Ngày tải lên: 13/02/2014, 10:20

71 504 0
Tài liệu Federal Ministry of Health, National Malaria Control Programme, Abuja, Nigeria. Strategic Plan 2009-2013 doc

Tài liệu Federal Ministry of Health, National Malaria Control Programme, Abuja, Nigeria. Strategic Plan 2009-2013 doc

... components of information and behaviour change communication in order to ensure high levels of retention and correct and consistent use of nets. With the chosen strategy of rapid scale-up of LLIN ... short residual life of some insecticides and long duration of others; ã Estimation of required logistics, such as spray pumps, spare parts, protective clothing, number of spray operators, transport, ... etc. ã Calculation of the financial resources required for the programme; ã Recruitment and training of spray operators and the necessary manpower; ã Preparation of clear terms of reference for...

Ngày tải lên: 18/02/2014, 15:20

71 394 0
Tài liệu ADVANCES IN QUANTITATIVE ANALYSIS OF FINANCE AND ACCOUNTING Essays in Microstructure in Honor of David K. Whitcomb Volume 3 ppt

Tài liệu ADVANCES IN QUANTITATIVE ANALYSIS OF FINANCE AND ACCOUNTING Essays in Microstructure in Honor of David K. Whitcomb Volume 3 ppt

... 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 ... 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 IN QUANTITATIVE ANALYSIS OF FINANCE ... specified distribution of trader “types.” That is, based on an 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...

Ngày tải lên: 19/02/2014, 13:20

269 1,1K 0
Tài liệu In the Jungle of Finance Professional Certifications docx

Tài liệu In the Jungle of Finance Professional Certifications docx

... 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

23 374 0
Tài liệu Boston Institute of Finance Mutual Fund Advisor Course potx

Tài liệu Boston Institute of Finance Mutual Fund Advisor Course potx

... 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

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Tài liệu THE ESSENTIALS OF FINANCE AND ACCOUNTING FOR NONFINANCIAL MANAGERS doc

Tài liệu THE ESSENTIALS OF FINANCE AND ACCOUNTING FOR NONFINANCIAL MANAGERS doc

... 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

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MINISTRY OF EDUCATION AND TRAINING HUE COLLEGE OF AGRICULTURE AND FORESTRY - A COURSE OF ENGLISH pptx

MINISTRY OF EDUCATION AND TRAINING HUE COLLEGE OF AGRICULTURE AND FORESTRY - A COURSE OF ENGLISH pptx

... from descriptions. Read this description of a soil profile. Profile of Soil A: Red Earth The A horizon extends to a depth of 36cm. A soil consists of a brownish red sandy loam. It has a porous ... amount of water depends on a number of factors. The amount of water is required for irrigation. 2. Soil texture is the characteristic of soil. Soil texture determined by the amount of silt, ... whitish colours. It is rocky consisting of honey-combed laterite. 2. Profile of Soil C: Mountain and Hill Soil The A horizon extends to a depth of 18cm. Light brownish grey in colour, the...

Ngày tải lên: 05/03/2014, 20:20

128 1,2K 0
SAVINGS BANKS AND THE DOUBLE BOTTOM-LINE: A profitable and accessible model of finance doc

SAVINGS BANKS AND THE DOUBLE BOTTOM-LINE: A profitable and accessible model of finance doc

... 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

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