... Hypothesis 83 - vi - Abstract In this thesis, three closely related issues ofcapitalaccountliberalization in China have been studied They are the order ofcapitalaccount liberalization, the ... understand them more precisely This intrigues our interest of a study on this topic The reminder ofthe thesis is organized in the following manner Chapter discusses the theory ofcapitalaccountliberalization ... set of macroeconomic indicators of China with those of other Asian and Latin American developing countries Thecapital accounts of these nations either are open or were once open The choice of...
... shortfall ofcapital relative to regulatory mandates) Bank regulation, capital and credit supply: Measuring theimpactof prudential standards In a review ofthe literature on theimpactof Basel I capital ... that the magnitude ofthe effect of time capital requirements on optimal capital buffers depends on the elasticity ofthe bank’s loan market In a similar way, we can evaluate theimpactof higher ... evaluate theimpactofthe policy change Panel A of Table shows theimpactof a single percentage point rise in capital requirements imposed in 2002, in terms ofthe percentage difference in the stock...
... the context of Vietnam along with the importance of working capital management calls for research on their impact on firms’ profitability In light ofthe above points, the general objective of ... time The level of permanent working capital depends on the business cycle as well as the growth of a firm Temporary working capital is the excess of working capital over the permanent working capital ... for the target populations Finally, the researcher present the limitations ofthe study, future research directions 5.1 Conclusions The object of this study is to examine theimpactof working capital...
... Analysis ofthe relationship and the fluctuation ofthe items in the balance sheet accounts: 31 4.1.4 Analysis ofthe relationship and the changing situation of indicators in the profit ... the relationship between the accounts on the balance sheet accounting Task of analyzing the situation to capital business is to assess the volatility of assets and capital and the rationale of ... serve for the evaluation of performance and profitability ofthe business Therefore, the analysis ofthe profit and loss statement will bring an overview of business financial situation ofthe company...
... to the relatively robust definitions of ALRI, the measurement of exposure in the majority of these studies has relied on proxies, including the type of fuel used, stove type, exposure ofthe ... Addressing theImpactof Household Energy and Indoor Air Pollution on the Health ofthe Poor Implications for Policy Action and Intervention Measures | Review ofthe evidence for health effects There ... Addressing theImpactof Household Energy and Indoor Air Pollution on the Health ofthe Poor Implications for Policy Action and Intervention Measures Table of Contents Preface | Introduction of the...
... theimpactof iv regulatory action and the effectiveness ofthe SEC, and academics interested in measuring theimpactof accounting-related government regulation and the performance of cost of ... outlines the methodology I use to test theimpactof SEC AAERs on a firm’s cost of equity capital including the development ofthe various cost of equity capital measures, Chapter reports results of ... Paralleling theimpactofthe announcement of an SEC investigation, the bookend event: closure ofthe investigation indicated by the issuance of an AAER, may also impact a firm’s cost of equity capital...
... and the audit on the cost ofcapitalofthe client firm I find that the cost ofcapital is inversely proportional to the length ofthe auditor tenure I also find that the client firms cost ofcapital ... cost ofcapital for the client firm (technical aspect of auditing) The third role ofthe audit indicates that the more financial resources the auditor has, the lower the cost ofcapitalofthe client ... ofthe cash pay of their BigX client counterparts, but they receive only 42% ofthe equity pay CEOs of non-BigX clients receive 42% of their compensation in the form of cash, while the CEOs of...
... Third, the rates of growth of real output and the stock ofcapital tend to be about the same, so that the ratio ofcapital to output shows no systematic trend Fourth, the rate of profit on capital ... should grow at the same rate as output and the stock of capital, which is the sum of past net investment The capital/ output ratio will therefore be constant “Most ofthe modern theory of economic ... predictions about how these variables inf luence the steady-state level of income The higher the rate of saving, the richer the country The higher the rate of population growth, the poorer the country”...
... assisted in the analysis and drafted the manuscript MH and TC assisted in the design ofthe study and in the drafting ofthe manuscript SL assisted in the conducting of interviews, analysis ofthe data ... The validation ofthe TRIM-Diabetes/Device followed the analyses as specified in the SAP However, since the factor analyses yielded slight differences from the hypothesized domains, some ofthe ... fully understand these impacts, the patient's perceptions oftheimpactof treatment on functioning and well-being must be identified and accurately assessed Defining these impacts should cross...
... assisted in the analysis and drafted the manuscript MH and TC assisted in the design ofthe study and in the drafting ofthe manuscript SL assisted in the conducting of interviews, analysis ofthe data ... The validation ofthe TRIM-Diabetes/Device followed the analyses as specified in the SAP However, since the factor analyses yielded slight differences from the hypothesized domains, some ofthe ... fully understand these impacts, the patient's perceptions oftheimpactof treatment on functioning and well-being must be identified and accurately assessed Defining these impacts should cross...
... converting the T-scores (Conners’ questionnaires), the prorated IQ, and the standard scores ofthe IQ subscales, or by use ofthe scores of a British normative sample in the case ofthe SDQ [46] ... effect on the risk of developing ADHD [14] Therefore, the investigation ofthe causes of ADHD needs large and homogeneous samples in order to have the power that is needed for the detection of etiological ... in the Hyperactivity scale ofthe SDQ and in the ADHD scales ofthe Conners’ questionnaires Although the ADHD scores did not differ between the raters in terms of an informant main effect, they...
... mitigating the negative impacts of FDI on the manufacturing industry The thesis has codified the general theory of FDI capital and built the theoretical framework for analyzing the impacts of FDI on the ... FDI capitalThe thesis cover some theories such as the theory of market power; the eclectic theory; the marginal productivity theory ofcapital in order to clarify the motive to invest abroad of ... firms These theories will support analyzing the impacts of FDI on the manufacturing industries 2.2 The impacts of FDI capital on the manufacturing industries This thesis examined the impacts of...
... List of Figures Figures 1: : Market share of credit ratings agencies Figures 2: Trade-off theory‘s Capital structure (The Optimal Capital Structure, the Value ofthe Firm and the Cost of Capital) ... .11 2.2.1.1 .The Irrelevance Theory ofCapital Structure .11 2.2.1.2 .The Taxes theory ofCapital Structure 12 2.2.1.3 .The Trade-off Theory 13 2.2.1.4.Pecking Order Theory .15 ... impacts on capital structure 2.2.1.1 .The Irrelevance Theory ofCapital Structure Before Modigliani and Miller (MM) (1958), there was no accepted theory ofcapital structure They argued that the...
... revision ofthe main tenets ofthe thesis Initially, the response ofthe proponents ofthe financial liberalisation thesis was to argue that where liberalisation failed it was because ofthe existence ... services themselves that are by far more important, than the form of their delivery In the financial services view, the issue is not the source of finance It is rather the creation of an environment ... enhance the stability ofthe financial system and thereby increase the efficiency ofthe economy Although there may be a trade off between short-run efficiency and this stability, the costs of instability...
... (and thereby generating the expectation of a strengthening ofthe rand) or by raising interest rates Under either of these options, it would probably be both difficult and undesirable for the ... borrowing by the public sector tends to raise spreads, but that theimpact diminishes significantly as the maturity ofthe debt increases.9 The benefit of external borrowing to reduce the NOFP stems ... properties ofthe major components of South Africa’s capitalaccount (Figure 3) The tests indicate that none ofthe components, including Claessens, Dooley, and Warner (1995), “Portfolio Capital...
... also for these countries the existence of cointegration could not be rejected We therefore specify the VAR models in the level ofthe variables Nevertheless, we neither impose the number of cointegrating ... to offset the macro economic effects ofthe collapse ofthe bubble).2 Of course, it is by no means clear that central banks are better able to judge the appropriate level of asset prices and the ... triggered by the adoption of tight monetary policy in Germany to offset the aggregate demand effects of German Reunification The figure indicates that following the collapse ofthe “bubble economy”...
... before the initiation ofthe NARP Even in these selected centres already applying local antibiotic restriction policies the utilisation of many ofthe restricted antibiotics was decreased and the ... changes the antimicrobial resistance patterns of certain pathogens Since parenteral forms of ciprofloxacin and levofloxacin were not restricted for the first three days of therapy by NARP, the consumption ... specialists just for the first 72 h of treatment but further utilization required IDS approval In this multicenter study we aimed to assess theimpactofthe antibiotic restriction policy on the antibiotic...
... when they did their pretest The results ofthe posttest were compared with the results ofthe pretest to assess the effects of extensive reading on the students’ reading comprehension proficiency ... after the experiment IV Results ofthe questionnaire The results ofthe questionnaire are presented in the following sections IV.5.1 Result ofthe first part ofthe questionnaire Table indicates the ... results shown in the table, the majority ofthe subjects believed that the ERP promoted their pleasure and autonomy in their language study Most of them also expressed their enjoyment of having taken...
... general k = k The size ofthe delay bins determines the time delay resolution ofthe model; therefore a reasonable bin size is the resolution ofthe specific measurements (if the model is measurement ... increases with the number of fingers Thus the performance ofthe Rake receiver is largely based on the number of fingers, the number of multipath components, their amplitude statistics, and the relative ... again Aer is the realized effective area ofthe receiving antenna Using (2.5) the realized effective area ofthe received antenna can be written in terms ofthe gain and wavelength ofthe signal...