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This paper traces the evolution of the concept of capital in economic literature––from the ‘fund’ concept prevalent in … pre-classical and classical writings to the stress on ‘physical capital’ in neoclassical literature and finally to ‘human … capital’ in endogenous growth theory. While financial capital is occupying a key role in research presently in the context of …
Persistent link: https://www.econbiz.de/10011267847
owners acquired the necessary capital for start-up and growth thereafter. The paper was designed within the quantitative and … revealed that although African immigrants are characteristically at the disadvantage when it comes to accessing capital from … to the ability to raise capital, we found that a varying range of start-up capital was utilised, which tended to vary …
Persistent link: https://www.econbiz.de/10011259174
This is a proposal to restate the theory of capital along critical Marxian lines aimed at providing a better … integration of the theory of capital with the theory of money and finance. The time value of money must be properly accounted for … explicit and implicit cost components, including the financial cost of capital. MEV should not be confused with MELT, the ‘New …
Persistent link: https://www.econbiz.de/10011259280
’s theoretical treatment of value and capital. It implies the abandonment of the ‘pure’ labour theory of value of the young Marx in … favour of a ‘mixed’ labour-and capital theory of value reflecting the different theoretical perspective shown by the mature … capital is criticized, for its disregard of the financial cost of invested capital. Foley’s ‘New Interpretation’ of Marx …
Persistent link: https://www.econbiz.de/10011259412
This is a paper on the theory of capital. It deals with the role of capital in a cost-of-production theory of value in … which both labour and capital are directly productive. The guidelines of an analytical method are proposed. Marx’s ‘monetary … out the need to abandon the labour theory of value and to rely on a broader labour-and-capital monetary theoretical …
Persistent link: https://www.econbiz.de/10011259439
This article analyzes the relations between capital and labor in the aspects of reproductive processes and social and … economic development. Labour and capital are linked through the production and consumption. However, if this link is positive …, to be exact, the contradictions between the active elements of productive forces and the capital as an institutional …
Persistent link: https://www.econbiz.de/10011259730
This paper intends to analyse and elucidate the impact of Fair Value Accounting on the banking industry in general and Indian Banking in particular in the light of the move towards convergence to International Financial Reporting Standards across the globe. In the light of criticism against fair...
Persistent link: https://www.econbiz.de/10011259732
The paper examines the interaction between risk, capital and operating efficiency in a simultaneous equation setting …
Persistent link: https://www.econbiz.de/10005015610
the order of the consultative processes, namely, the capital proposals, the liquidity proposals and the Proposal to ensure … the loss absorbency of regulatory capital at the point of non-viability. The capital proposals comprise proposals aimed at …, standards and monitoring and, the countercyclical capital buffer proposal. Whilst the capital proposals have been welcomed …
Persistent link: https://www.econbiz.de/10009246895
simultaneously determine the interrelated demand for capital structures, equipment and labour, are analyzed using quarterly Dutch …
Persistent link: https://www.econbiz.de/10009283790