For those who monitor relative wealth accumulation and are unmoved by divine empathy, a disincentive to increase the rate of full manumission is possible. Consider slavery as overt, formal constraints to zero or even negative wealth accumulation; and consider freedom of ex-slaves as the...

For many countries located around the equatorial region, climate phenomenon such as El Niño southern oscillation or ENSO has enormous impact on their economies. In the case of countries with a high degree of dependency on water resources for energy generation, the impact of ENSO has been...

This article explores how prepared MSc in Finance students at a British University were for a research based dissertation; how much they knew about independent research prior to starting the dissertation; and how the University assisted them during this research work. Three changes were carried...

In this short expository note I provide an overview of leveraged buy-out transactions (“LBOs”). I show in detail how an LBO transaction is structured and financed, as well as the typical return profile. I also provide a sample transaction accompanied by financial projections, debt repayment...

En este segundo trabajo expondremos las ecuaciones por definición básicas necesarias para cuantificar la necesidad de fondos, beneficios y costos al cambiar la base de la estrategia ante apreciaciones del precio del subyacente. Incluyendo la segmentación de los efectos del cambio según los...

This article argues that if we embrace a view of religion as a collection of theories about the world (e.g., about alertness and entrepreneurship) and a set of values about how we ought to approach our activities (e.g., value freedom), there are potentially positive aspects of thinking about...

In this article we test the relationship between per capita income differential and exchange rate differential between two different economic background countries. Recent researches have been done on the testing of international Fisher effect, Interest rate, GDP growth rate and purchasing power...

This paper explores the synchronicity of two mega-crises we are now facing: The BP oil spill and the repercussions of the 2008 financial meltdown. It examines some key common threads in both of these crises. The overarching message is that firms must maintain a culture of social responsibility,...