... and finance since controlling the risk-taking in banking relates directly to the protection both of depositors andthe financial system as a whole. Moreover, there is a clear conflict inside ... (1995) or Anderson and Fraser (2000) analyse the link between managerial ownership and risk-taking. Demsetz and Strahan (1997) analyse the link between size and bank risk. Risk taking inthe Spanish ... the results of the estimation andthe tests of the hypotheses. Section 6 contains the main conclusions. 2. Theoretical Background and Hypotheses 2.1. The moral hazard problem and owner-manager...
... (retail chains) including: training, pricing, pecuniary and quality supervision, network control, inventory and accounting controls, advertising, local marketing and sales promotion and other network ... remains to be seen.It is the work of theoreticians of finance. Alas, they are consumed by mutual rubbishing and dogmatic thinking. The few that wander out of the ivory tower and actually bother ... contracted by the firm, including accountants, auditors, financial consultants, underwriters and brokers, the banking system and other financial venues.8. To maintain a working relationship and to...
... one point, the contagion threatened the stability of the entire banking system. The Federal Savings and Loans Insurance Corporation (FSLIC) - which insured the deposits inthe savings and loans ... displaying an inordinate desire to get rich quickly with a minimum of They are bound to do so again. Inthe long run, the rise in house prices cannot exceed the increase in disposable income. The ... maintained. Venture capital and risk capital funds, for instance, are purely financial investors. So are, to a growing extent, investment banks and other financial institutions. The financial...
... purchases, other channels (namely other retailers and online) have made significant inroads inthe past five years.On the following pages, we explore these findings in more detail and discuss the ... 500%TV Viewing and Purchase Intent DecliningAs consumers can consume entertainment via more devices, apps and cloud services, their television use and purchase intent are declining. In countries ... RetweetConsumers increasingly are reaching into the network for servicesand content. In fact, only 12 percent of respondents reported that they don’t use any online services. The online mailbox...
... SCHEMES FOR FINANCING INSTRUMENTS 52 ANNEX 21. TYPOLOGY OF FINANCING INSTRUMENTS USED INTHE STUDY 54 ANNEX 22. USE OF FINANCING INSTRUMENTS – RESULTS 55 ANNEX 23. INNOFORCE DATABASE OF INNOVATION ... characterisation of the activity (what is the business or project and why is it innovative?) (including what type(s) of financing is/are employed) ã characterisation of the financing mechanisms involved ... 0=constant, + = incresing, - = decreasing Looking at the development of the importance of single goods and services, the above conclusions are in general confirmed (Table 8.18). Study on the Development...
... cine-ma in Paris in 1895. The number of cinema the- atres reached its maximum in Europe in the 1920s, starting to decline thereafter. In the nineties the decline came to a halt and with the growth ... spending on video cassettes and DVDs inthe EU andinthe US comparing 2000 with 2001F. 4.4: Turnover from DVD sales and rentals in EU MS in 2001F. 4.5: DVDs sold and rented inthe EU and US in ... countries. In The Netherlands, 62% of the cinema audiencewere older than 35 and just 20% were between15 and 24 years old. On the other hand, in Irelandnearly half of the audience were inthe 15-24...
... according to the type of actors interviewed and according to the type of information missing for the description of the single cases. The questions covered the following: problem situation; institutional ... goods and services. B. Financing mechanisms used inthe EU countries and their application for forest goods and services. Study on the Development and Marketing of Non-Market Forest Products ... is their moral duty to support the provision of the good. Generally speaking, an individual is motivated by, on the one hand, self-interest and, on the other hand, the welfare of society or the...
... you are paying the $260 a night that makes the Sheraton in Sofia probably the most expensive hotel of its kind inthe world. Behind their desk in the elegant marble hall with its distinctive Western ... takeovers and downsizing; the relativity of quality across cultures; the business of quality; the quality profession and its role in promoting various fads including international standards, ... oped their own set of interpretive guidelines to supposedly assist their auditors in determining whether or not an organization has adequately addressed the intent of the standards. In many...
... engineered insulin. The CDA said they had asked Eli Lilly, and a competitor that had also discontinued animal insulin, to keep the animal insulin on the market. When the drug companies said their ... safety. In the early 1990s, due to government cutbacks in Canada and restrictions inthe US, the HPFB andthe Food and Drug Administration (FDA) instituted user fees payable by industry. In return, ... “disease awareness” and advocacy. Understanding theindustry s goals andthe infrastructure used to achieve these goals helps bring the ethical issues into clearer focus and, in turn, suggests...
... recordkeeping, administrative, custody, and other services to a growing number of funds and their investors. The largest group of workers provides services to fund investors and their accounts, ... of investment company operations, and remained so in 2007, employing nearly one-third of the workers in the fund industry (Figure 1.11). As theindustry has grown from its early roots, other ... toward institutional investors attracted $525 billion in new cash during 2008. Increased economic uncertainty during the year and ongoing turmoil inthe money markets encouraged these investors...
... dominated fund investing following the passage of the Investment Company Act of 1940. But successive bear markets in stocks inthe 1970s along with rising interest rates drew investors into ... recording in a single volume some of the insights from these meetings and from our own research. Sometimes the developments are slow, andthe picture barely changes from one year to the next. In ... funds. In 2009, we dedicated a separate chapter to ETFs, reflecting both their rapid asset growth and their increasing diversity as they expand to include actively managed funds and funds investing...
... world. On the other hand they provide goods andservices that contribute to the human wellbeing. The number and variety of these goods andservices is big and constantly changing. Meaning that ... is and will remain restricted, at least to a certain extent. Institutional settings and institutional actors barely support innovations inthe development and marketing of forest goods andservices ... Study on the Development and Marketing of Non-Market Forest ProductsandServices 1 | Page Study on the Development and Marketing of Non-Market Forest Products andServices The importance...
... methods described in the thesis.It is interesting to develop models and algorithms according to the nature of the data, instead of trying to adjust the data to the nature of the model. In an attempt ... found in X and Y simultaneously and such that the scores inthe X and Y spaces have maximal covariance. Since the covariance is the product of the correlation between the scores and the variance ... Hence the principleremains the same even though the order of the array changes.4.5 PARATUCK2 The loss function defining the three-way PARATUCK2 model is(88) and an ALS algorithm for fitting the...
... to 21.4%. The largest increases in operating costs occurred after the two oil shocks inthe 1970s. Operating costs increased 15% and 30% in 1972 and 1973 and 16% in 1979 and again in 1980.14 ... cost function for the industry. The estimated model fits the data well and all sample points satisfy monotonicity and concavity conditions at all points. Among the findings, the industry operates ... price inelastic inthe early part of the sample, during the oil price shocks of the 1970s, there was a dramatic and permanent increase, in absolute value, inthe own price elasticity of demand,...
... capital investment in mining and mining MFP. ã Accounting for the lag between capital investment and output in mining explains a considerable amount of the year to year variability in mining MFP. ... capacity inthe mining industry (whether inthe form of new mines or mine expansions) andthe corresponding production. This chapter examines the nature and extent of the relationship between investment ... chapter 4. MINING AND ITS MEASURED PRODUCTIVITY 13 or refining of a resource by a miner at the mine site is included inthe mining industry, whereas processing and refinement undertaken...