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This thesis examines the impact of exchange rate risk on asset pricing under varying market structures. To understand this effect, in the first part of the thesis the analytical derivation of an international asset-pricing model within a mean-variance framework is attempted. In the second part,...
Persistent link: https://www.econbiz.de/10009451016
The study was conducted to determine the key obstacles to strategy implementation at the Social Security Commission. The objective was to establish various factors that inhibit successful strategy implementation and explore alternative approaches that could be adopted to facilitate effective...
Persistent link: https://www.econbiz.de/10009457817
Established in 1988, the Shingo Prize for Operational Excellence recognises organisations in the USA, Mexico and Canada …
Persistent link: https://www.econbiz.de/10009459022
effect). This study has practical implications for regulators, corporations and investors, both in the USA and abroad. …
Persistent link: https://www.econbiz.de/10009459069
Offshore outsourcing continues to gain prominence as the printing industrystrides into the future. With different segments of the industry looking at reducingcosts and, in exchange providing value-added services, more companies turntowards outsourcing services offshore as a solution. Although it...
Persistent link: https://www.econbiz.de/10009459219
This article deals with fundamental and topical problems of taxation policy, viewing the subject from both a German and an international perspective. Traditional income tax regimes in developed countries with their progressive tax rates are still based upon the redistributive philosophy which...
Persistent link: https://www.econbiz.de/10009441794
New trends in global economy require greater capacity of the agricultural workforce. In order improve agricultural productivity it is needed to increase the level of human capital of the agrarian population. Human capital is accumulatedknowledge, created in the long term process of human...
Persistent link: https://www.econbiz.de/10009445915
Large estimates of the benefits of microeconomic reform have been put forward in official studies. By contrast, Quiggin …. Overstated claims about the benefits of microeconomic reform have distorted Australia's economic priorities and encouraged an …
Persistent link: https://www.econbiz.de/10009447973
contrast two insurance regimes; the status quo of mandated pooling of all risk types and the reform proposal being insurance … with risk-type separation over time, using Bayesian updating. Most individuals would benefit from the reform since their … risk type is better than the average but the reform does not occur due to individual uncertainty. …
Persistent link: https://www.econbiz.de/10009471848
-history analysis of the determinants of reform in the telecommunications and electricity sectors of as many as 205 countries and … borrowing countries. We discuss the possibility that, by pressuring countries into policy reform, cross-national coercion and …
Persistent link: https://www.econbiz.de/10009477140