International standards of financial information (IFRS) and the concept of the right value
Case study - 5 pages - Accounting
The international financial environment is in constant transformation and hence, the International Financial Reporting Standards (IFRS) has been implemented. The setting up of the IFRS is a logical revision of the international financial system, particularly following the...
Monetary Policy: Efficient Markets Hypothesis
Case study - 15 pages - Economy general
The efficient markets hypothesis does not constitute a good approximation to reality, and is often violated to a substantial degree in financial markets. The efficient markets hypothesis states that the price of every stock equals the value of the stock, so no stock...
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...
Growth optimal portfolio for the unobservable Markov-modulated markets
Thesis - 5 pages - Finance
The benchmark model introduced by Platen (2002) has not been well studied in literature for the case of incomplete information whereas the incompleteness of the information in financial modeling is usual in practice. Some of the factors that characterize the evolution of the market...
The European financial crisis and the future of the euro
Essay - 3 pages - European union
Europe has suffered from the recent subprime financial crisis, which has spread through the stock markets in all developed market economies. This crisis will bring these countries to an economic downturn, which will perhaps, allow them to take stock, and hopefully help them...
Critics on the research paper: The market pricing of accruals quality (Jennifer Francis, Ryan LaFond, Per Olsson, Katherine Schipper)
Market study - 8 pages - Services marketing
The paper “The market pricing of accruals quality” sustains that the quality of accruals is priced by the financial markets. We can judge the value of this research by wondering to what extent, from a methodological and theoretical point of view, the accrual quality...
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?...
Banking services marketing
Presentation - 22 pages - Finance
Banks are the most significant Bodies in the financial market. Dominated by public sector Banks, the Industry has so far acted as an efficient partner in the growth and the development of the country. An essential ingredient to any service provision is the use of appropriate staff...
The Evolution of Consolidated Financial Statements published by Publicly Quoted French Companies: The Shift Away from local GAAP to the Adoption of International Standards
Essay - 11 pages - Economy general
Contrary to the Anglo-American approach, France offers, in terms of accounting, an environment representative of those of many countries in continental Europe. Nonetheless, France offers a typical system, where, because politicians and executives are part of a close and tight elite network, the...
A look at the financial performance of a property developer group
Thesis - 58 pages - Finance
Due to ongoing advancements in technology, new legislation, and other innovation, the field of finance is rapidly changing. Introduction to finance develops the three components of finance in an interactive framework that is consistent with the responsibilities of all- financial...
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...
Competitor analysis of financial securities industries: Religare
Case study - 36 pages - Finance
The securities markets in India witnessed several policy initiatives since the year 2000, which further refined the markets micro-structure, modernized operations and broadened investment choices for investors. The irregularities in the securities transactions in the last quarter of...
A look at financial derivatives in India
Dissertation - 53 pages - Finance
The derivatives markets has existed for centuries as a result of the need for both users and producers of natural resources to hedge against price fluctuations in the underlying commodities. Although trading in agricultural and other commodities has been the driving force behind the...
The study and research of different fields of certified financial planning
Tutorials/exercises - 22 pages - Finance
Every body has dreams, dreams for themselves, dreams for their families, To fulfill these one needs to back up earnings by investing wisely. Most people work hard and earn money but when it comes to financial planning and actually going ahead with it they don't care much. Every one is...
The difficulties to stay the leader on a market: The French Wine Industry and its fragile economic position
Market study - 34 pages - Business strategy
• Recent events: Numerous violent strikes were organized by the wine growers to draw attention to their difficulties; for instance, they demanded more assistance following the bad weather conditions that ruined the annual harvest. • A succession of demonstrations: It is a traditional...
Commodity markets Vs share markets
Case study - 77 pages - Finance
Indian markets have recently thrown open a new avenue for retail investors and traders to participate in: commodity derivatives. For those who want to diversify their portfolios beyond shares, bonds and real estate, commodities are the best option. Till some months ago, this wouldn't...
The financial crisis: The need for a new system
Dissertation - 54 pages - Economy general
This thesis is about our (the world's) monetary and financial system. It starts by focusing on monetary creation, which is the basis of our financial system. After defining the monetary creation process, it is about its control, which has been transferred from the States to the...
The financial crisis and its consequences on the German financial system
Dissertation - 27 pages - Finance
The triggering element of the present financial crisis was the real-estate crisis in the United States. The crisis began with certain indifference in 2006, but then it reached its peak during the second semester of 2008. This was when we observed, day after day, a fall in prices of shares,...
Impact of standards of IAS/IFRS in the financial communication
Essay - 13 pages - Finance
The advent of international accounting standards of IAS / IFRS as a reference system leads to a revolution in the world of business and communication thereof. International standards have a privilege over the economic approach to business, and are not historical as is often the case in French...
Is the Subprime crisis a financial or global crisis?
Essay - 25 pages - Finance
Was the subprime crisis predictable? Some analysts predicted it in 2005 as a continuation of a long boom, during which loans to U.S. households rose sharply. Now the U.S. Federal Reserve (FED), led for over 20 years by Alan Greenspan takes a systematic approach to support the banking crisis stock...
Do IFRS have a share of responsibility in the current financial crisis?
Essay - 13 pages - Accounting
The fourth quarter of 2008 witnessed a stock market crisis without precedent, perhaps the most violent ever known in the history of capitalism, as its aftereffects rippled throughout world economy. The implosion of the ‘sub-prime' mortgage market in the US caused major stock...
The instability of the international financial system and the proposals for reform proposals
Dissertation - 193 pages - Economy general
In 1997, an earthquake hit Asian stock exchanges, the shock wave reached Russia a year later, and then Latin America, including Brazil in 1999. To the world, these crises have been a succession of real and financial shocks of exceptional magnitude. Far from having exogenous origins, this...
EEV (European Embedded Value) and MCEV (Market Consistent Embedded Value)
Essay - 11 pages - Business strategy
In May 2004 the CFO forum published European Embedded Value Principles. The “CFO Forum” is a high-level discussion group composed and attended by the Chief Financial Officers of 19 leading European insurers. These principles are intended to increase the quality, comparability and...
When a famous bank ( Société Générale ) is plunged into the world's largest financial fraud ever known by a simple junior trader
Essay - 8 pages - Finance
In January 2008, the financial world was disrupted by the world's largest financial fraud case known to date. The famous French bank, Société Générale, recorded a loss of 5 billion euros due to false positions taken by a junior trader, Jérôme Kerviel. To fully appreciate how he did...
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...
What are the major opportunities that emerging markets offer to international companies and what are the key considerations that such companies have to take into account when formulating strategies for doing business in emerging markets?
Essay - 8 pages - Business strategy
The notion of an emerging, or developing, market economy appeared 1981 in a World Bank report. This term was used since emerging countries have embarked on economic development and reform programs, and have begun to open up their markets and "emerge" onto the global scene. Therefore...
Foreign exchange market in India with NPR Finance Ltd
Dissertation - 59 pages - Finance
The Foreign exchange market is a market for converting the currency of one country into that of another country. An exchange rate is simply the rate at which one currency is converted into another. Without the foreign exchange market, international trade and international...
Future of the commodity markets in India
Dissertation - 30 pages - Finance
Commodity market in India till the last decade was not a major investment option as compared to the capital markets. The commodities market had its presence in the early 1960's, but later on the trading in the commodity markets was banned due to the scarcity of many...
Operational risk management: Implementing a Bayesian Network for foreign exchange and money market settlement
Dissertation - 114 pages - Finance
Recent Financial scandals in the banking industry have caused considerable attention to be focused on operational risk. This is because an analysis of some of these scandals reveals that the underlying causes of these huge Financial losses are due to Operational Risk (OR) and not to...
Indian securities market and the role of Sharekhan
Case study - 74 pages - Finance
Securities market has essentially three categories of participants, namely the issuer of securities, investors in securities and the intermediaries, and two categories of products, namely the services of the intermediaries, the securities including derivatives. The securities market...