... study measuring the impact of corporate illegalities onstock returns Their sample consisted of all ninety-six firms listed on either the New York StockExchange or the American StockExchange that ... This section reviews the literature onthe long-term stock price performance of Chinese firms listed onstock exchanges both in and outside China Mok and Hui (1998) conducted a study onthe aftermarket ... purchase Chinese stocks because they believe that thestock price would appreciate in the future despite not being convinced of the current valuations They believe that the demand for the stock, which...
... platform for the formulation of questionnaire By observing the possible responses for the 59 questions in the questionnaire, data was collected For the purpose of the study, 59 questions which set ... governance These theories include: managerial hegemony theory, agency theory, stewardship theory, stakeholder theory and resource dependence theory 2.2.1 International theories: a The stewardship theory: ... unification with the Law on Enterprises and Law on Investment in 2005, (ii) the Law on Enterprise in 1999, and its amendments in 2005, (iii) the law on State Bank in 1997; the Law on Credit Institutions...
... Chapter 5: “Implications & Conclusions” discusses the implications of the results and findings in session four, limitations are also drawn; based on which conclusions and recommendations are provided ... assets The lower the percentage, the less leverage a company is using and the stronger its equity position In general, the higher the ratio, the more risk that company is considered to have taken on, ... revision, analyzing the subject of the taxes paid by the investors, concluding that the corporate tax benefits of debt are reduced by the tax penalty due to personal taxation Models based on impact...
... these factors, after that, contributed into the recession of thestock market The violation in 2011, however, is not high, the standard deviation is below 8%/month, the highest violation is only ... between these five factors and the rate of return of the stocks and bonds In the reasonable market, the change in profit in the short term had faintly affected thestock price and the BE/ME ratio The ... of the Researches Banz (1981) This is the first empirical study onthe relationship between the rate of return with the market price of the stocks listed on NYSE This study is the premise for the...
... nowaday? Definition a Stock or shares b Stock market or stockexchange 2 The scale of Viet Nam‘s stock market: - The first trading session of Vietnam's stock market opened on 28/07/2000 - After ... accelerating inflation 3 The situation of Viet Nam ‘s stock market today b The rising interest rates is one of causes to decline of thestock market The economic analyst said that the rising interest ... years Vietnam's stock market has strong grown, up to 22/11/2010 there are 623 stock code of companies and funds are listed onthestock market in Vietnam 3 The situation of Viet Nam‘s stock market...
... of the company A share is issued by a company or can be purchased fromthestock market b .Stock market or stockexchangeTheStock Market is a market for the trading of company stocks, and the ... corrected Therefore, the need to supplement the disclosure of securities transactions, the issue of false information and dishonesty On that basis, the participating organizations thestock market ... billion VND, that’s equivalent to 40% of GDP, include 353 securities are listed onthe Hanoi StockExchange (HASTC) and 270 securities are listed onthe Ho Chi Minh StockExchange (HOSE) 3.THE...
... percent or less For each stock, the tick size remained constant over the sample period Nikon and JAL are also traded onthe regional exchanges; Mitsui Construction trades only onthe TSE While we not ... to the marginal cost (the expected terminal value of the security conditional onthe trade), and there is no ex post regret When the quote setter cannot condition on trade size, however, the ... Institutional Details This section summarizes the key institutional features of the TSE and is based onthe published rules of theexchange [TSE (1993a, 1993b)] and conversations with exchange personnel...
... for the UK The composition of the board also has an important impact onthe internal corporate control system A high fraction of non-executives onthe board and the separation of the functions ... cuts and omissions Hypothesis The greater the proportion of non-executive directors, the lower potential board domination by management and the higher the monitoring ability of the non-executive ... report (1992) e ± the Belgian policy recommendations of 1998 by theStockExchange Commission, the Association of Employers (VBO) and the Commission for Banking and Finance focus onthe eectiveness...
... This copy of the thesis has been supplied on condition that anyone who consults it is understood to recognize that its copyright rests with its author and that no quotation fromthe thesis and ... important theories and studies that are relevant to our study onthe research topic are discussed The writer makes an effort to give a connection of these discussions to the current context of ... Trade-off theory Myers (1984) considers a contest between two perspectives on corporate debt He calls one of these hypotheses is the trade-off theory, which states that firms balance tax savings from...
... economy In the other hand, most of the Vietnam enterprises previously are owned by the state and dependent onthe funding fromthe government However, in the context of economic reform fromthe ... reflected by strong economic growth, the participation in the International Trade Organization (WTO) and the establishment of Vietnam stockexchange market in 2000 The prosperity of corporations depends ... institutions transform the legal form into joint -stock credit institutions 1.2.2.3 Regulations onthe proportion of capital contribution and stock ownership of foreign entities in Vietnam Based on...
... (a): the mean stock return equation (b): the conditional return volatility equation 33 Where rt is daily return of stock; rt-l is conditional return on past information; a 12 is the conditional ... support it unconditionally 2.3 The Sequential Information Arrival Hypothesis Onthe contrary, the Sequential Information Arrival Hypothesis (SIAH) induces different argument fromthe MDH The SIAH ... percent of their shares in months fromthe date of listing and 50 percent of them for the following months In this paper, I use the data of listed companies onthe Ho Chi Minh City Stock Exchange...
... to the positive correlation between stock market and economy, the rise of stock market will positively affect the development of the economy and vice versa Thus, the decisions of investors onstock ... self-completion questionnaire, respondents answer questions by completing the questionnaire themselves This method is chosen for some reasons The first reason is that as the research questions are ... Bell (2007, p.240), there are two options for questionnaire distribution The first option is to mail the questionnaires directly to selected respondents, then ask them to send the answers back by...
... section 1.4 presents the scope of the research, section 1.5 is the thesis contributions, and section 1.6 is the structure of the thesis 1.2 Research background For many decades, stock price volatility ... rely only on systematic economic influences to predict the variation of the individual stock returns This is because there are other factors apart from fundamentals that reflect the movement of stock ... studied the response of stock price to the announcement of stock dividend and cash dividend increase onthe Cyprus StockExchange over 1985 to 1995.Their results showed strong evidence to prove the...
... readers and provides researchers with timely update on various topics in this important field Conflict of Interest The authors have declared that no conflict of interest exists http://www.medsci.org ... Coherence Tomography in ocular toxoplasmosis • Usefulness of vitrectomy in the treatment of ocular toxoplasmosis • Update onthe treatment of ocular toxoplasmosis We hope that this special issue will ... American Journal of Ophthalmology: Delair E, Monnet D, Grabar S, Dupouy-Camet J, Yera H, Brézin AP Respective roles of acquired and congenital infections in presumed ocular toxoplasmosis Am J Ophthalmol...
... any financial contribution The consignee must draw up two contracts One to buy products from foreign manufactures, another is the written agreement between the consigner and the consignee 2.1.3.3 ... to the erosion of their national economies—especially when imports exceed exports There are many discussions around the negative effects of the import onthe global as well as individual economies ... information such as the port of entry, the names of the importer and exporter, a detailed description of the goods, the quantity of the goods, the value of the goods, the currency, and the country...
... Hien, Truong Thi Bich Lieu (2011) Research onthe extraction and utilization of 2-AP from Pandanus’leaf as the standard for identification and quantification of 2-AP in aromatic rice, Conference ... hours; non-soaked rice served as control 2.2 Extraction methods a Simultaneous Distillation-Extraction (SDE) The steam distillation-solvent extraction was used as a reference for 2AP and other volatile ... Research onthe Change of 2-AP and Other Volatile Compounds in Processing Bun from Rice coupling with GC and GCMS SPME/GC enables for estimation of 2-AP low concentration like aromatic rice The SDE...
... present the theories conducted by economists in the past From these theories, we mention to the points used for the studying of this paper Chapter 3: Methodology This chapter shows the way we conduct ... toward the target over time The agency theory focused on determining the most efficient contract governing the principal-agent relationship There are two kinds of conflict: the conflict between the ... models mentioned in chapter are shown Chapter 5: Conclusions, Recommendations and Limitations This chapter will conclude the whole content of the study It also gives out the limitations of the study...
... with an implication of the study Part III is the CONCLUSION which includes strength and weakness of the thesis, suggestions for further studies PART II: DEVELOPMENT CHAPTER ONE: THEORETICAL BACKGROUND ... sorts of movement from one language to another also insist onthe different methods of translation which will be taken into consideration in the next part I.2 Translation methods There are various ... lexical deviation from SL norms It attempts to be completely faithful to the intentions and the textrealization of the SL writer Semantic Translation: It differs from faithful translation only in as...
... translation from institutional translation: technical translation is one part of specialized translation, institutional translation, the area of polities, commerce, finance, government etc is the other ... therefore, should be translated Onthe contrary, institutional translation is cultural, so, in principle, the terms are transferred unless they are connected with international organization These ... grammatical construction is converted to the nearest TL equivalent but the lexical words are again translated singly, out of context 2.3 Faithfull translation The translation reproduces the exact contextual...