Purpose –Financial institutions have been subject to minimum capital requirements for considerable time while other companies do not face any such regulation. This paper investigates the capital requirements of companies and how it should relate to the assets of a company....

Purpose – Financial institutions have been subject to minimum capital requirements for considerable time while other companies do not face any such regulation. This paper investigates the capital requirements of companies and how it should relate to the assets of a company....

Purpose – This paper aims to provide upper-level accounting and/or finance students with a review of the intricacies of option pricing, discounted cash flow (DCF) capital budgeting decision models, various types of real options, how risk analysis of long-term capital investments can be...

Purpose - The purpose of this paper is to detail how the adoption of enterprise resource planning (ERP) systems creates major distortions in the corporate decision-making process. Design/methodology/approach - The approach is to focus on the distortion in the capital – budgeting process of...

Purpose - The purpose of the paper is to determine if banks that solved the Y2K problem early created value for their shareholders. Design/methodology/approach -The method of analysis is an event study. Findings - The primary finding of the analysis is that solving the Y2K problem did not create...

Purpose - The purpose of this paper is to analyze how exchange ratios in mergers can be assessed when the companies economic capital valuation is carried out in a stochastic framework with financial assets and minimum guarantees. Design/methodology/approach -The paper is a theoretical one. Its...

Purpose - The purpose of this paper is to analyze how exchange ratios in mergers can be assessed when the companies economic capital valuation is carried out in a stochastic framework with financial assets and minimum guarantees. Design/methodology/approach -The paper is a theoretical one. Its...

Purpose – To examine, determine, investigate and compare the extent to which enterprises in Greece and Cyprus use the theoretical framework to evaluate investments which are the discouraging factors concerning the use of this framework with particular emphasis to investigate the type, size and...

Compares four risk‐adjusted performance measures and explains their importance, to banking in particular. Applies the risk‐adjusted return on capital (RAROC) measure to five product classes at several branches of an international bank for six months, finds considerable differences between...

Purpose – To examine, determine, investigate and compare the extent to which enterprises in Greece and Cyprus use the theoretical framework to evaluate investments which are the discouraging factors concerning the use of this framework with particular emphasis to investigate the type, size and...