We develop a mathematical proof demonstrating that only financially-strong firms will sell put options on their own stock, but financially-weak firms will not. The sale of options on a company's own stock exposes the buyer to default risk of the issuer, which additionally complicates the payoff...

The rising incidence and amount of student loan debt among young adults has significant implications for their economic well-being. However, students are generally provided little information on how to finance postsecondary education and how much to borrow. This paper studies how information can...

Data Table, Charts, Scenario Manager, Goal Seek, and Solver are powerful Excel tools in solving financial problems. Incorporating these tools into finance teaching can help students understand finance concepts intuitively, and bridge the gap between financial theories and real-world...

Finanzkompetenzen haben für die gesellschaftliche Teilhabe eine hohe Bedeutung. Dieser Beitrag führt eine empirische Evaluation der Determinanten der Finanzkompetenz von Studierenden an einer deutschen Hochschule durch. Ein weiteres Ziel ist auch die Identifizierung der geschlechtsspezifischen...

There is much debate as to why economics students display more self-interested behavior than other students: whether homo economicus self-select into economics or students are instead “indoctrinated” by economics learning, and whether these effects impact on preferences or beliefs about...

Case teaching accelerates the experience of students. In order for the acceleration to be even more effective, using the introductory financial management course as an example, the cases must include material from the business quot;core.quot; This integration will provide a richer learning...

Die Fähigkeit und das Wissen, Finanzplanungen vorzunehmen und eigene Finanzen zu managen, sogenannte Finance Literacy, haben enorm an Bedeutung zur gesellschaftlichen Teilhabe gewonnen. In diesem Beitrag wird eine empirische Evaluation der Finance Literacy von Studierenden durchgeführt. Der...

This paper provides an overview of the higher education sector in Canada, so it can serve as a comparison to that in Australia. It seeks to identify stresses and challenges to this sector in Canada. The study also seeks to offer possible lessons for the direction of higher education policy in...

Quality in Higher Education has become a primary agenda of the countries worldwide. In the context marked by expansion of higher education and globalization of economic activities, education has become a national concern in developing countries with an international dimension. To cope with this...