Firm characteristics and stock return
Essay - 5 pages - Finance
“What determines stock returns?” Although the answer to this question has been much sought by researchers and investors, most studies to date are empirical in nature and provide a very limited view of the problem. The general findings are that certain firm characteristics do have an...
Analyzing international portfolio strategy with home event risk versus foreign information asymmetry
Thesis - 10 pages - Finance
This study develops a model for international portfolio choice in the presence of the home asset with event-risk versus foreign asset with stochastic information filtering. The model is constructed from comparing the portfolio fraction changes of domestic assets so as to maximize the expected...
Corporate bonds: A term paper
Thesis - 3 pages - Finance
Corporate Bonds are debt obligations issued by corporations as an alternative to issuing stock when raising capital. They are an alternative to issuing new shares on the stock market, and they are a form of debt finance. Companies of all sizes issue corporate bonds. In the United States today,...
Lessons learned from the collapse of long-term capital management
Thesis - 5 pages - Finance
In the society in which we live, success is rewarded greatly. Winning and becoming the best is always the goal or desired outcome for any endeavor. We are taught to always strive for success, for with such accomplishment comes many immediate and tangible benefits. However, the lasting benefits of...
Financial analysis of Nike and Adidas (2000): The big two in the footwear industry
Case study - 7 pages - Finance
Adidas is the biggest footwear company and after analyzing the ratios it has performed as well as Nike over the years, even though it is far behind Nike in terms of revenue and profits. The share price of Adidas is currently at 4877.0 compared to the opening price of 4864.0 that was a 44.0...
A study on the credit rating process and methodology
Thesis - 9 pages - Finance
Credit rating is the process of estimating a firm's ability to perform to its capacity. It also determines the financial worthiness of an organization depending on the performance of the organization in the past. Objectives of credit rating agencies 1. Its primary objective is to provide...
An overview of important concepts and theories in relation to foreign exchange (forex) rates
Thesis - 10 pages - Finance
The rate of exchange means the price of one currency in terms of another currency. Different countries have adopted different exchange rate systems at different times like the Gold Bullion, Gold Standard and the Bretton Woods system. The last system was soon replaced by the Floating Rate System....
A study on the various sources of finance
Thesis - 14 pages - Finance
Finance is the study of how individuals, institutions, and other businesses acquire, spend, and manage money and other financial resources. Finance also can be defined in terms of the macro economy as well as the business firm and individual citizen level. Macro finance is the study of how...
The financial expenses of a hotel
Thesis - 10 pages - Finance
Cash includes Cash on Hand (House Banks), Demand Deposits, and Temporary Cash Investments. Temporary Cash Investments should be of demand nature or have maturities within 90 days at the time of purchase. Cash that is restricted formally for long-term purposes, such as property and equipment...
Financial ratios: Meaning, calculation and application
Thesis - 10 pages - Finance
A financial statement generally refers to the basis statements, which are as follows i) The income statement ii) The balance sheet iii) Statement of retained earnings iv) Statement of charge in financial position in addition to the above two statements. Financial statement analysis is the...
Monetary policy
Thesis - 4 pages - Finance
Monetary policy changes have influence over unemployment, short-term production and in the long-run affect prices and inflation rates. What monetary policy can do to heighten economic performance is a challenge that must be understood by economic policymakers. What monetary policy cannot do to...
The role of private equity firms as an alternative investment model in the Middle East and globally
Tutorials/exercises - 27 pages - Finance
The global economic reality has witnessed a recent international increase in the private equity markets. This fact has brought up many concerns as to whether this will have a positive or negative outcome (Financial Services Authority, 2006). This document will present an overview of private...
Cash management
Thesis - 3 pages - Finance
Similar to the absence of water to anything living, the absence of cash to the business means death—slow, torturous, physically painful, and mentally agonizing” (Managing, 2003, p.1). A flourishing business rests on sound cash management techniques with solid cash flow. One cannot...
Efficiency analysis of conventional and Islamic banks in Indonesia using data envelopment analysis
Tutorials/exercises - 18 pages - Finance
Islamic banks have been in existence since early 1960s. The first Islamic bank was established in 1963 as a pilot project in the form of rural savings bank in a small town of Egypt, Mit Ghamr. After that, Islamic banking movement came back to life in mid 1970s. The establishment of Islamic...
Islamic banking and Muslims
Thesis - 10 pages - Finance
The development of Islamic banking in Indonesia got its best momentum in Indonesian struggle to recover the national economy from crisis. Islamic banking has been being accepted by many communities -at least as one of the alternatives, in strengthening the financial sector. Statistics of...
The determinants of commercial bank profitability in Sub-Saharan Africa
Thesis - 15 pages - Finance
Banks have high profits in Sub-Saharan Africa (SSA) in comparison to other regions. This paper wields a sample of 389 banks in 41 SSA countries to probe the determinants of bank profitability. It is found that apart from credit risk, higher returns on assets are linked with activity...
A look at the important concepts in finance
Thesis - 10 pages - Finance
RAY G. JONES and DEAN DUDLEY observe that the word finance comes indirectly from the Latin word Finis. Finance is defined as the “Issuance of the distribution of and the purchase of liability and equity claim issued for the purpose of generating revenue-producing assets. These claims are...
The demystification of financial jargon
Thesis - 5 pages - Finance
“Finance” is a very broad term that encompasses a whole gamut of micro and macro domain specific definitions, usage and applications. As a subject, it is very critical from the societal perspective as it influences our everyday existence and has far reaching implications on the lives...
Financial Analysis with reference to Ratio Analysis
Thesis - 14 pages - Finance
Financial statements are prepared for the purpose of presenting a periodical review or report by the management and deal with state of investment in business and result achieved during the period under view. They reflect a combination of recorded facts, accounting conventions and personal...
Exploring the budgetary operations of a hotel
Thesis - 21 pages - Finance
World War II marked a milestone in the explosive use of service industry. There has been an impressive increase in personal spending in the last few decades. Individuals are spending a major chunk of their income on travel, restaurants, better quality health, education services, and leisure...
Calculating the financial viability of a hotel
Thesis - 9 pages - Finance
Tourism industry is one of the fastest growing industries in comparison to other major industries worldwide. The word ‘tour' is a Hebrew word derived from the word "torah", which means learning, studying, and research. The Merriam-Webster's dictionary defines ‘tour' to mean a...
Analyzing the financial aspects of planning a hotel
Thesis - 12 pages - Finance
The hotel industry plays a very significant role in the development of tourism in a country. Almost 50% of the foreign exchange from tourism comes from the hotel industry. It has been rightly said, "No hotels, No Tourism". This statement basically exemplifies the fact that if there is no hotels...
A brief look at the financial aspects of starting a hotel
Thesis - 17 pages - Finance
The word financial viability means to find out, whether it is financially viable to start a three star hotel as this project report is based on three star hotels. In simple words, financial viability is to find out whether starting a three star hotel is financially successful or not. Financial...
Yale University Investments Office: August 2006 case analysis
Case study - 8 pages - Finance
The study of a funds management especially serves an important purpose for large institutions. Financial management is a required skill for the stable operation of any institution that would continue into the foreseeable future. The following is a case study about Yale's investment policy...
Automotive bailout: Ontario ministry of education
Thesis - 5 pages - Finance
General Motors (GM) is requesting a significant financial bailout from the federal government of Canada in order to protect its operations from insolvency. The company claims that it requires an immediate influx of $6-7 billion from Canada to counter the economic downturn and fiscal loses...
Analysis of the funds and cash flow in the electronics industry in India
Thesis - 26 pages - Finance
Electronics with its wide and varied applications have attained the status of an all pervasive industry today. The world electronics scene has undergone profound and breathe taking changes, it has penetrated every field in consumer and capital goods. From fan regulators to airplane instrument,...
Portfolio management (risk and return) of inter-connected stock exchanges
Case study - 47 pages - Finance
Investment may be defined as an activity that commits funds in any financial form in the present with an expectation of receiving additional return in the future. The expectations bring with it a probability that the quantum of return may vary from a minimum to a maximum. This possibility of...
Working capital management at Britannia Industries Ltd
Dissertation - 40 pages - Finance
Finance function is a core function in any organization. I financial management is that managerial activity which is concerned with planning and counseling of firm's financial resources. One such area of financial management is "Working Capital" and management of this is known as "Working...
Foreign exchange markets (12 slides)
Presentation - 4 pages - Finance
Forex market is an over the counter market, through which we can convert one country's currency into another. Participants like market makers, brokers, corporate and individual customers are physically separated from each other. A Forex trader can work from home or office at his chosen hours of...
Investor's awareness about the depository systems
Case study - 39 pages - Finance
Technology is revolutionizing every field of human endeavor and activity. Indian capital market is barrow meter of Indian economy; one of them is introduced technology into capital market. A major development in the Indian capital market has been setting up of Depository system. The rapid growth...
