Showing 1 - 10 of 74
Eine der wesentlichen Gründe für das Entstehen und den Verlauf der Finanzkrise dürfte in der Intransparenz moderner Kapitalmärkte liegen. Diese Intransparenz begünstigt einerseits das Entstehen von spekulativen Blasen. Andererseits ist die mangelnde Transparenz wohl wesentlich für die...
Persistent link: https://www.econbiz.de/10010377867
The article considers the question of a choice of the optimum scheme of financing mergers and acquisitions (M&As) in the environment of international corporations. Methods and ways of financing integration transactions are considered and key factors and system processes of realization of these...
Persistent link: https://www.econbiz.de/10011551395
Regulations treating in a diversified way different types of funded positions introduced over decades, do not take into consideration the increasing opportunities of financial innovation and regulatory arbitrage. These opportunities seem to significantly benefit the most sophisticated market...
Persistent link: https://www.econbiz.de/10011551410
This paper develops a portfolio model for performance measurement and selection of investment securities for which …. The paper can be used as the basis of research to measure the risk/retum properties of privately-held securities, and such … research can be used to develop portfolio measurement tools for these securities. …
Persistent link: https://www.econbiz.de/10011310336
the introduction of negative deposit rates by the European Central Bank in June 2014 and a novel securities register for … they do not pass negative rates to retail customers, in turn investing more in securities, especially in those yielding … higher returns. Effects are stronger for less capitalized banks, private‐sector (financial and nonfinancial) securities and …
Persistent link: https://www.econbiz.de/10012434214
The aim of this paper is to assess the effectiveness and risk in the stock exchange market in Central and Eastern Europe countries (CEE) in view of the largest stock exchanges: NYSE2-LSE-HKSE2. The implementation of this objective was based on an analysis of basic stock market indicators and a...
Persistent link: https://www.econbiz.de/10013204600
empirically assess the Eurolegalism thesis by examining EU regulatory mandates in the competition and securities fields, two …
Persistent link: https://www.econbiz.de/10014504153
We examine the valuation performance of Discounted Free Cash Flow Model (DFCF) at the Macedonian Stock Exchange (MSE) in order to determine if this model offer significant level of accuracy and relevancy for stock values determination. We find that stock values calculated with DCF model are very...
Persistent link: https://www.econbiz.de/10010435953
This paper deals with the causes and consequences of the financial disintermediation that for some time has been taking place in Europe, particularly since the last financial crisis. Firstly, we present the evolution of bank and capital markets funding, which can be largely explained by the...
Persistent link: https://www.econbiz.de/10011916321
research is to examine if DDM models offer relevant and safe valuation of long-term securities at Macedonian Stock Exchange …
Persistent link: https://www.econbiz.de/10011533023