... point of departure 5.1 Introduction 5.2 The real andthe financial part ofthe economy 5.2.1 The structure ofthe real part 5.2.2 The structure ofthe financial part 5.3 The structure ofthe economy ... the interplay ofthe real estate boom andthe financial market boom In the USA the financial market crisis of 2007/8 originated in the interaction ofthe housing market andthe banking sector Often ... accounts ofthe central bank 28 The balance of payments account 29 Balance of payments (in foreign currency) 43 The parameters ofthe simulation ofthe 3D dynamics 98 The parameters ofthe simulated...
... exposure to risk? What are the principal components of ROE, and what does each ofthe these components measure? Suppose a bank has an ROA of 0.80% and an equity multiplier of 12x What is its ROE? ... deviation (σ) or variance (σ2) of stock price Standard deviation or variance of net income Standard deviation or variance of ROE & ROA The higher σ and σ2, the greater the overall risk 6-26 Bank ... values and profitability ratios Measuring credit, liquidity, and other risks Measuring operating efficiency Performance of competing financial firms Size and location effects The UBPR and comparing...
... age and size ofthe firm Size ofthe firm is measured in both employment size (logarithm of total number of employees) and economic size (logarithm of total assets ofthe firm) We control for the ... to exploit the opportunities, they produce positive growth and development for their firms The insignificant effect of network frequency, on the other hand, indicates that the quality of network ... Department of Economics, University of Copenhagen, Denmark In which the 2005 survey has financial information of 2003 and 2004, andthe 2007 survey has financial information of 2005 and 2006 .The surveys...
... Reproduced with permission ofthe copyright owner Further reproduction prohibited without permission Reproduced with permission ofthe copyright owner Further reproduction prohibited without ... permission Reproduced with permission ofthe copyright owner Further reproduction prohibited without permission Reproduced with permission ofthe copyright owner Further reproduction prohibited without ... permission Reproduced with permission ofthe copyright owner Further reproduction prohibited without permission Reproduced with permission ofthe copyright owner Further reproduction prohibited without...
... from the standpoint ofthe other, and this is the essence ofthe selfing process Further, Mead’s concept of self is delineated by the “I” andthe “me” such that the creative “I” is the individual’s ... reminder ofthe author’s bodily experience, both in the writing ofthe diary and in the experiences the diary recounts’ (356 – 357) Even as the blog 30 performs the process of self-ing and presents the ... looking at the ‘me’ The process of self-ing relies on an awareness of being looked at by the other, and it is this same awareness that informs the creative production of self The use ofthe word...
... minutes and documents relating to the General Meeting of Shareholders, the company Articles of Association, and from the public media and other sources of public information such as the company ... Board of Management members and senior executives of firms; ii) clarification ofthe legal roles and responsibilities of Board of Management members and senior executives of firms; iii) improve the ... society and governance because this is a focus of investor attention and corporate social responsibility Other areas of low compliance were the responsibilities ofthe board (35.3%) and disclosure and...
... minutes and documents relating to the General Meeting of Shareholders, the company Articles of Association, and from the public media and other sources of public information such as the company ... Board of Management members and senior executives of firms; ii) clarification ofthe legal roles and responsibilities of Board of Management members and senior executives of firms; iii) improve the ... society and governance because this is a focus of investor attention and corporate social responsibility Other areas of low compliance were the responsibilities ofthe board (35.3%) and disclosure and...
... members and senior executives of firms; ii) clarification ofthe legal roles and responsibilities of Board of Management members and senior executives of firms; iii) improve the role ofthe Inspection ... documents, especially the minutes and documents relating to the General Meeting of Shareholders, the company Articles of Association, and from the Results and discussion Figure provides the overall mean ... N.N Thang / VNU Journal of Science, Economics and Business 27, No 5E (2011) 12-19 ofthe stock market and a transparent economy in Vietnam In the light ofthe both domestic and international attention...
... contribution ofthe systematic factor andthe regulation to the total timely variation ofthe exposure is 17.24% and, therefore, 82.76% ofthe variation is due to idiosyncratic effects These effects ... disentangle the contributions ofthe systematic factor andofthe regulation One can expect some correlation between the regulatory variables outi (t) and out2i (t) on the one hand, andthe variables ... instance, the duration, andthe weighted sum ofthe positions’ duration is a measure ofthe bank’s exposure to interest rate risk (See, for instance, Sierra and Yeager (2004)) The main problem of these...
... than 1% of profits Forward and support the charities ofthe 14 companies‟ ranked bottom ofthe list less than 0.01% ofthe profits Looking at the other side ofthe coin, according to the research ... out the survey, I also interviewed the director and chief accountant ofthe company on the CSR ofthe company The question is to play a close look at the financial situation ofthe company andthe ... family business Therefore, managers must understand the importance of reporting andthe implementation of CSR with business operations ofthe company And then, the following hypothesis is developed:...
... to the size ofthe Cartesian product of its inputs The experiments measure the effect of varying the selectivity ofthe scans on the inputs to the join as follows (1) Varying the selectivity of ... Cardinality ofthe left input Cardinality ofthe right input Length ofthe predicate Type ofthe object Number of objects Extent ofthe database (e.g AtomicParts) Number of pages Size of a bucket ... hash-join The number of times the hash table is probed andthe amount of network traffic caused by tuple exchange between nodes is reduced, although the number of objects read from disk andthe size of...
... when there is an unusual trade-off between the cost of a Type I error andthe cost of a Type II error Nevertheless, the proposed baseline does seem to provide a usable rough estimate ofthe lower ... advantage ofthe prior probabilities ofthe senses, so they would be at a disadvantage relative to the baseline if one ofthe senses had a very high prior, as is the case for the test word issue 10 The ... for the judges If the task is too hard (as Jorgensen's classification task may he), then there will be almost no room between the limits ofthe measurement andthe baseline In other words, there...
... and (4)), since households will only deviate from the λM V P if the differentials move The direction ofthe movements of loan and deposit dollarization andof interest rate differentials as φ and ... parameterizations ofthe model Movements in margins, however, depend on the parametrization ofthe model More precisely, they depend on the amount of funds compared to deposits17 , and on the degree of monopoly ... have hitherto been the main constraints to improving our understanding of financial dollarization In this paper we contribute to the literature both theoretically and empirically On the theory of...
... is the difference between the monthly return of government bonds andthe one-month risk-free rate ofthe previous month The proxy ofthe default risk is the difference between the return of corporate ... maturity of 1-3 years and a market value weighted short position ofthe remaining maturities The construction of this portfolio is based on the sum ofthe intercept and residuals of equation 3, for the ... excess returns ofthe complete maturity spectrum of German Sovereign bonds andthe month Euribor rate ofthe previous month ∆DS_Levelt and ∆DS_Slopet are the level and slope ofthe default risk...
... Company, andthe China Company; and now assumed the title ofthe Company ofthe Indias The Company next acquired the privilege of farming all the taxes andthe whole revenue ofthe kingdom; and presently ... But the evidence to the contrary was overwhelming The honesty andthe courage of a majority ofthe committee, proved too strong for the arts andthe threats ofthe minister andthe Directors; and, ... payments by the transfer of these credits from the account ofthe payer to that ofthe receiver In this way the trouble of counting large sums of coin, andof transporting it from one part ofthe city...
... under the control of Andrew Dexter.7 Other failures followed in the wake ofthe Panic of 1819, the Panic of 1837, and almost every other financial calamity to strike the nation since, including the ... Citizen, An Appeal to the Public on the Conduct ofthe Banks in the City of New York (New York, 1815), 5-7; An Inquiry Into the Causes ofthe Present State ofthe Circulating Medium ofthe United States ... as well as into the manner in which the books ofthe Branch are kept; and into the manner in which the Cashier and other Officers perform their respective duties; and report the result to this...
... approach andthe results of our paper are closer to those of Statman (2000) and Bauer et al (2005) Statman (2000) compares the performance of a sample of SRI funds with that of a control group of conventional ... observations ofthe same year, with the same investment objective, and with similar fund size, age, and size ofthe fund’s management company (all in logs) We use these variables because of their potential ... performance 19 and higher fees of SRI funds in specialized management companies were due to the specific characteristics of these management companies and not to the SRI nature of these funds, then we...
... terms of throughput) for the leaves, the relays, andthe sink In the Configuration A (Figure 9a) the throughputs ofthe leaves, relays, and sink are increasing functions of q for small values of ... where, in the last passage, we have used the fact that the RVs {Λi, Λj, Penv, Xi} are independent The term in the third line ofthe expression at the right-hand side of (13) can be further expressed ... goes beyond the scope of this article and is the subject of future research However, whatever the used sensors, it is possible to derive the equivalent value of l and, therefore, rely on the proposed...