Showing 51 - 60 of 1,153
Kazakhstani banks continue to suffer from a high and rising stock of nonperforming loans. A centralized approach to asset resolution is warranted, and could be based on a reinvigorated Distressed Asset Fund. A robust and transparent public financial management system should be an integral part...
Persistent link: https://www.econbiz.de/10011243273
This paper reviews the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since many theories on the sources of financial crises highlight the importance of sharp fluctuations in asset and credit markets, the paper...
Persistent link: https://www.econbiz.de/10011084455
The purpose of this article is to analyze the possibility of financial restructuring, featuring changes to the … compared with restructuring possibilities applicable in Czech Republic. The analysis concentrates especially on the legal … environment of the country, possibility to provide debt restructuring under the court supervision. The paper includes statistics …
Persistent link: https://www.econbiz.de/10011205875
Purpose -Most research on share repurchases is based on the USA. Recently, the rate of share repurchases by UK companies has increased significantly; such a marked increase in activity would suggest a change in strategic factors generating this activity. This paper aims to focus on UK practice,...
Persistent link: https://www.econbiz.de/10010761708
NEGBI is a large company that has telecommunication, coordinated by NEGBI PN, as one of its core competences. NEGBI PN had a strong market position based on supplying its high‐quality switch, the complex device that connects senders and receivers in telecommunication networks. Changes over the...
Persistent link: https://www.econbiz.de/10014842743
Purpose – There are many reasons why companies drift – or plunge – into financial disaster. Factors such as market share loss, excess debt, management problems, technology changes or credit fluctuations can all play roles. In fact, the number of risks facing corporate officers is enormous...
Persistent link: https://www.econbiz.de/10014845238
Purpose – This paper seeks to contribute to the study of the link between financial intermediation and economic growth in the context of the European Union and particularly in the context of the integration of new member‐states. Design/methodology/approach – Panel fixed and dynamic...
Persistent link: https://www.econbiz.de/10014863187
Over the past decade Australian local government has undergone drastic change. The sheer pace of reform has made it difficult for practitioners and scholars alike to document and evaluate these rapid changes and even most recent extant analyses are now dated. Given the urgent need to review...
Persistent link: https://www.econbiz.de/10014798726
Examines the restructuring of Hong Kong Telecom Ltd with respect to its two subsidiaries: Hong Kong Telecommunication … International Ltd and Hong Kong Telephone Company Ltd. The process and impact of this restructuring is discussed. Investigates …
Persistent link: https://www.econbiz.de/10014799238
Sets out the recent history of budget reform in Sweden and offers a brief assessment of the progress made to date. It is now ten years since the Swedish Government began its initial trials of a three‐year budget cycle intended to provide for a longer‐term perspective in the financing of the...
Persistent link: https://www.econbiz.de/10014799291