Similar Search Results

The dynamics of market share’s growth and competition in quadratic mappings

Dominique,C-René; Rivera Sollis, Luis Eduardo - In: Advances in management & applied economics 3 (2013) 2, pp. 219-235

This paper shows that the observed output of any market, placed within the confine of a quadratic map, can characterize the state of that market. Such an approach explains the process of market share’s growth and its pitfalls, the consequences of broken symmetry of scaling, as well as the...

Persistent link: https://www.econbiz.de/10010097689

Portfolio Theory forward testing

Davidsson, Marcus - In: Advances in management & applied economics 3 (2013) 3, pp. 225-244

Portfolio Theory has during many decades been considered as the holy grail of investment despite the fact that very few empirical studies in the public domain have shown that portfolio theory outperforms a random equal weighted portfolio. We will in this paper empirically investigate how...

Persistent link: https://www.econbiz.de/10010148028

Can independent directors improve the quality of earnings? : evidence from Taiwan

Lee, Yung-chuan - In: Advances in management & applied economics 3 (2013) 3, pp. 45-66

This study investigated companies publicly listed in Taiwan from 2002 to 2010 to examine whether independent directors improve the quality of earnings and analyzed whether the control rights of a controlling shareholder mitigate the impact of independent directors on earnings quality. Empirical...

Persistent link: https://www.econbiz.de/10010148040

Alternatives to the public sector lender-of-last-resort

Choudhry, Moorad; Landuyt, Gino - In: Journal of applied finance & banking 2 (2012) 4, pp. 155-165

After the 2008 financial crash governments and central banks had to rescue banks which had become insolvent or illiquid, and whose failure threatened the Western financial system. The bill for this taxpayer funded bailout came to over USD 20 trillion globally, including assistance from US, EU,...

Persistent link: https://www.econbiz.de/10010058673

The impact of Basel I capital requirements on bank behaviour and the efficacy of monetary policy

Jablecki, Juliusz - In: International journal of economic sciences and applied … 2 (2009) 1, pp. 16-35

The paper attempts to investigate the influence of the 1988 Basel Accord on bank behavior and monetary policy. It is argued that the Accord was successful in that it forced commercial banks in all of G-10 countries to maintain higher capital ratios. Tentative research suggests, however, that -...

Persistent link: https://www.econbiz.de/10009958037

Medición del riesgo de renta variable mediante modelos internos en Solvencia II

Durán Sontomil, Pablo; Otero González, Luis A.; … - In: Investigaciones europeas de Dirección y Economía de … 18 (2012) 1, pp. 53-68

This work focuses on developing an internal model for equity risk under Solvency II. We have used monthly data for the series of Ibex 35, Cac 40, FTSE 100 and Dax in the period between January 1992 and December 2008. This work fits by maximum likelihood method the model of normal returns, based...

Persistent link: https://www.econbiz.de/10009958357

Effective bank corporate governance : observations from the market crash and recommendations for policy

Choudhry, Moorad - In: Journal of applied finance & banking 1 (2011) 1, pp. 179-211

This paper considers the extent to which inadequate corporate governance was a contributory factor to the financial market crash. It examines the experience of selected failed banks, with emphasis on the corporate governance structure in place at each firm, and the background and expertise of...

Persistent link: https://www.econbiz.de/10009958477

Does activity mix and funding strategy vary across ownership? : evidence from Indian banks

Ghosh, Saibal - In: Atlantic review of economics 1 (2011), pp. 1-33

Using data on Indian banks during 1996-2007, the paper examines the impact of bank activity and short-term funding for bank returns and risks. The findings indicate that larger, fast growing financial firms tend to have higher fee income shares. In addition, banks with greater reliance on fee...

Persistent link: https://www.econbiz.de/10009958833

A lesson to learn from developed countries : the case of state branching deregulation in the US

Guillén, Jorge - In: Estudios de economía 36 (2009) 1, pp. 67-95

The era of US state branching deregulation started in 1970 and ended up with the enactment of the Riegle Neal Act of 1994. One of the purposes of the branching restriction was to avoid bank concentration. The following paper addresses the influence of the state deregulation on commercial...

Persistent link: https://www.econbiz.de/10009959097

Business valuation engagement letter : regulations adopted in selected standards

Grudziński, Michał - In: E-Finanse : finansowy kwartalnik internetowy 7 (2011) 4, pp. 13-24

The article presents conclusions drawn from the analysis of regulations concerning the issue of the content of business … valuation engagement letter. The analysis covered regulations appearing in eight business valuation standards used in Australia … part of the article reviews business valuation standards valid in selected countries. The second part presents regulations …

Persistent link: https://www.econbiz.de/10009959732