The (Mis)Behavior of Markets: A Summary
Essay - 3 pages - Finance
Do markets really follow a random walk as modern financial theory suggests? Are we likely to experience a market crash as deadly as the likes of the Great Depression? What is the nature of volatility and how should it impact the way we model financial markets? Although definitive answers to these...
The effects of stock options on markets
Essay - 4 pages - Finance
Traditionally, stock option plans have been used as a way for companies to reward top management and "key" employees and link their interests with those of the company and other shareholders. More and more companies, however, now consider all of their employees as "key." As a result, there has...
Estimating market risk premium using Markov switching : Tunisian Case
Dissertation - 97 pages - Finance
The general increase in volatility of the …nancial markets can be partly explained by the growing uncertainly of the economic environment. It is, on the other hand, a reflection of the growing efficiency and integration of the financial markets allow the almostinstantaneous move of capital...
Initial Public Offerings: an Outlook through Game Theory
Essay - 16 pages - Finance
Initial Public Offerings (IPOs) have a very special place in contemporary economics and finance. They represent the entrance on a deep and liquid market with access to almost unlimited reserves of capital from all over the world. But IPOs appear also as a short-term fund-raising tool, especially...
Microfinance: the Challenge of Accessing Global Capital Markets
Essay - 9 pages - Finance
The main theme of this project is the facilitation and development of microfinance, which is the “provision of loans, savings, insurance, payments, and other basic financial services to low-income populations” . The project is dedicated to identifying and evaluating existing options for...
Fair Value Implications for the Asset Mix of a Pension Fund
Essay - 86 pages - Finance
Pension funds serve to collect and manage an amount of capital, sufficient to make all payments to which participants of the fund are entitled based on the pension plan. The Akzo Nobel Pension Fund (APF) is responsible for the provision of pensions for all employees of Akzo Nobel in the...
Companies dividend policy
Thesis - 23 pages - Finance
Dividend policy is one of the most important financial policies, not only form the viewpoint of the company, but also from that of the shareholders, the consumers, the workers, regulatory bodies and the Government. For a company, it is a pivotal policy around which other financial policies...
Mergers and Acquisitions: reasons and consequences at the international market
Dissertation - 40 pages - Finance
The paper deals with the issue of mergers and acquisitions on the western market, viewing the topic from the standpoint of their failure and success. The subject is an extremely important one at present, as, on the one side, there is a trend towards major international mergers and acquisitions...
