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Despite a documented decline in the number of dividend payers in the UK it is found that aggregate real dividends paid by industrials actually increased between 1979 and 2000. This was attributed to the firms lost from the sample being generally small distributors of dividends whilst the growth...
Persistent link: https://www.econbiz.de/10009457901
DEA has been extensively used to measure the efficiency of financial institutions. Its advantages are clearly understood. But there are many unresolved problems. There are various views based on different modelling philosophies of what constitutes inputs and outputs in a financial institution....
Persistent link: https://www.econbiz.de/10009458096
In this paper we develop the case for the creation of a single financial supervisory and regulatoryauthority for the Russian Federation. This case is based on three criteria:(a) it enables economies of scope to be exploited(b) it ensures regulatory parity(c) it satisfies prudential logicThe risk...
Persistent link: https://www.econbiz.de/10009458203
accounting items because managers view these as a temporary fluctuation in profitability. Leverage is found to have some role in …
Persistent link: https://www.econbiz.de/10009458613
This thesis aims to trace the development of management accounting systems (MAS) in a Portuguese bank, where an … of accounting practices on change from three perspectives - changing structures, changing discourses and the effect of … increase of visibility and perceived importance of accounting in the banking sector, and how accounting is significant beyond …
Persistent link: https://www.econbiz.de/10009485339
Korea adopted Regulation Fair Disclosure (FD) in November 2002. Regulation FD, designed with a goal of levelling the playing field among market participants, has created considerable debate among practitioners and academics. This thesis examines the effect of Regulation FD on the Korean...
Persistent link: https://www.econbiz.de/10009428761
This thesis aims to add empirical evidence to the corporate finance literature by looking at two main financing issues, namely firms’ payout policies and capital structure decisions, in the context of emerging markets. The thesis consists of seven chapters, including five main standalone...
Persistent link: https://www.econbiz.de/10009428766
The role of the Chief Information Officer (CIO) is one of facilitating executive decisions regarding the innovations, provision and use of state-of-the-art Information and Communication Technologies (ICT). The aim of this paper is to investigate CIO perceptions of strategy and ICT investment...
Persistent link: https://www.econbiz.de/10009439479
We introduce a new point process, the dynamic contagion process, by gener- alising the Hawkes process and the Cox process with shot noise intensity. Our process includes both self-excited and externally excited jumps, which could be used to model the dynamic contagion impact from endogenous and...
Persistent link: https://www.econbiz.de/10009439495
The use of U.S dollar as unit of account, medium of exchange and store of value in Tanzania has raised concerns among policy makers and the general public. This paper attempts to shed some light on the key stylized facts of dollarization in Tanzania and the EAC region. We show that compared to...
Persistent link: https://www.econbiz.de/10009439501