... Introduction 5.2 The real andthe financial part ofthe economy 5.2.1 The structure ofthe real part 5.2.2 The structure ofthe financial part 5.3 The structure ofthe economy from the viewpoint of national ... 8.6.3 The 20D dynamics Summary and outlook 260 261 261 Bankruptcy of firms, debtdefaultandtheperformanceofbanks 9.1 Debt targeting, debtdefaultand bankruptcy 9.2 Tabular representations of ... discussion of Fisher’s vision ofthe interaction of over-indebtedness and deflation andof Minsky’s financial instability hypothesis Keen extends the proposed model ofthe interaction of indebted firms and...
... values and profitability ratios Measuring credit, liquidity, and other risks Measuring operating efficiency Performanceof competing financial firms Size and location effects The UBPR and comparing ... exposure to risk? What are the principal components of ROE, and what does each ofthe these components measure? Suppose a bank has an ROA of 0.80% and an equity multiplier of 12x What is its ROE? ... deviation (σ) or variance (σ2) of stock price Standard deviation or variance of net income Standard deviation or variance of ROE & ROA The higher σ and σ2, the greater the overall risk 6-26 Bank...
... age and size ofthe firm Size ofthe firm is measured in both employment size (logarithm of total number of employees) and economic size (logarithm of total assets ofthe firm) We control for the ... to exploit the opportunities, they produce positive growth and development for their firmsThe insignificant effect of network frequency, on the other hand, indicates that the quality of network ... positive effect ofthedebt ratio: Firms may be more motivated and committed to perform productively and efficiently when they stay under the pressure of incurring costs of capital and paying back...
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... from the standpoint ofthe other, and this is the essence ofthe selfing process Further, Mead’s concept of self is delineated by the “I” andthe “me” such that the creative “I” is the individual’s ... reminder ofthe author’s bodily experience, both in the writing ofthe diary and in the experiences the diary recounts’ (356 – 357) Even as the blog 30 performs the process of self-ing and presents the ... which the blog facilitates and frames their performances through layout, hypertextual structures, andthe manipulation ofthe viewer’s experience with the screen Furthermore, central to the idea of...
... Board of Management members and senior executives of firms; ii) clarification ofthe legal roles and responsibilities of Board of Management members and senior executives of firms; iii) improve the ... minutes and documents relating to the General Meeting of Shareholders, the company Articles of Association, and from the public media and other sources of public information such as the company ... society and governance because this is a focus of investor attention and corporate social responsibility Other areas of low compliance were the responsibilities ofthe board (35.3%) and disclosure and...
... Board of Management members and senior executives of firms; ii) clarification ofthe legal roles and responsibilities of Board of Management members and senior executives of firms; iii) improve the ... minutes and documents relating to the General Meeting of Shareholders, the company Articles of Association, and from the public media and other sources of public information such as the company ... society and governance because this is a focus of investor attention and corporate social responsibility Other areas of low compliance were the responsibilities ofthe board (35.3%) and disclosure and...
... members and senior executives of firms; ii) clarification ofthe legal roles and responsibilities of Board of Management members and senior executives of firms; iii) improve the role ofthe Inspection ... than the mean ofthe other sectors (43.5) There are two possible reasons First, given the important financial intermediation role ofthe banking and financial services industry in an economy, there ... documents, especially the minutes and documents relating to the General Meeting of Shareholders, the company Articles of Association, and from the Results and discussion Figure provides the overall mean...
... investigate the determinants ofthebanks exposure to interest rate risk They find that the belonging to certain banking groups, thebanks size, their earnings and balance composition, andthebanks ... related to two strands ofthe literature ofthebanks interest rate risk (See Staikouras (2003) and Staikouras (2006) for a survey) The first one is about the determinants ofthebanks exposure ... contribution ofthe systematic factor andthe regulation to the total timely variation ofthe exposure is 17.24% and, therefore, 82.76% ofthe variation is due to idiosyncratic effects These effects...
... than 1% of profits Forward and support the charities ofthe 14 companies‟ ranked bottom ofthe list less than 0.01% ofthe profits Looking at the other side ofthe coin, according to the research ... out the survey, I also interviewed the director and chief accountant ofthe company on the CSR ofthe company The question is to play a close look at the financial situation ofthe company andthe ... understand the importance of reporting andthe implementation of CSR with business operations ofthe company And then, the following hypothesis is developed: : Managers’ attitude toward CSR and...
... to the size ofthe Cartesian product of its inputs The experiments measure the effect of varying the selectivity ofthe scans on the inputs to the join as follows (1) Varying the selectivity of ... Cardinality ofthe left input Cardinality ofthe right input Length ofthe predicate Type ofthe object Number of objects Extent ofthe database (e.g AtomicParts) Number of pages Size of a bucket ... mainly in schema and sets of tests they offer, providing insights on theperformanceof various features of database systems The 007 database has been designed to test theperformanceof object database...
... estimate ofthe upper and lower bounds on the level ofperformance that can be expected W e will estimate the lower bound by evaluating theperformanceof a straw man system, which ignores context and ... "cheat" and let the baseline system peek at the test set and "estimate" the most likely sense for each word as the more frequent sense in the test set Consequently, theperformanceofthe baseline ... of 97 words; 67 of them were unambiguous and therefore had a baseline performanceof 100%) The remaining thirty words are listed along with the number of senses and baseline performance: virus...
... decreases the dollarization of deposits The underlying intuition is the access ofbanks to foreign borrowing, often from their parent banks, as already mentioned This implies that the accumulation of ... why banks exist and where they derive their market power from, banks may be providing liquidity and hence reducing the cost of credit (Freixas, Parigi, and Rochet 2000) The assumption that banks ... and (4)), since households will only deviate from the λM V P if the differentials move The direction ofthe movements of loan and deposit dollarization andof interest rate differentials as φ and...
... government bonds andthe one-month risk-free rate ofthe previous month The proxy ofthedefault risk is the difference between the return of corporate 12 The Corporate Composite bond index andthe Euro ... spectrum of Eurozone Sovereign bonds andthe month Euribor rate ofthe previous month ∆DS_Levelt and ∆DS_Slopet are the level and slope ofthedefault risk factor also extracted by PCA on thedefault ... spectrum of Eurozone Sovereign bonds andthe month Euribor rate ofthe previous month ∆DS_Levelt and ∆DS_Slopet are the level and slope ofthedefault risk factor also extracted by PCA on the default...
... Company, andthe China Company; and now assumed the title ofthe Company ofthe Indias The Company next acquired the privilege of farming all the taxes andthe whole revenue ofthe kingdom; and presently ... the Bank of England Chapter V Scotch Banks Two banks were established in Scotland by charter from the king; one the Bank of Scotland, in 1695; the other, the Royal Bank of Scotland, in 1727 These ... But the evidence to the contrary was overwhelming The honesty andthe courage of a majority ofthe committee, proved too strong for the arts andthe threats ofthe minister andthe Directors; and, ...
... under the control of Andrew Dexter.7 Other failures followed in the wake ofthe Panic of 1819, the Panic of 1837, and almost every other financial calamity to strike the nation since, including the ... Appeal to the Public on the Conduct oftheBanks in the City of New York (New York, 1815), 5-7; An Inquiry Into the Causes ofthe Present State ofthe Circulating Medium ofthe United States (Philadelphia, ... ofthe Correspondence Between theBanks in the City of New York (New York, 1805); A Citizen of New York, Remarks on that Part ofthe Speech of His Excellency the Governor to the Legislature of...
... approach andthe results of our paper are closer to those of Statman (2000) and Bauer et al (2005) Statman (2000) compares theperformanceof a sample of SRI funds with that of a control group of conventional ... underperformed randomly chosen conventional funds in the period 1994-2003 using the same measure ofperformance Neither of these studies documents statistically significant differences in performance Both the ... observations ofthe same year, with the same investment objective, and with similar fund size, age, and size ofthe fund’s management company (all in logs) We use these variables because of their potential...
... terms of throughput) for the leaves, the relays, andthe sink In the Configuration A (Figure 9a) the throughputs ofthe leaves, relays, and sink are increasing functions of q for small values of ... where, in the last passage, we have used the fact that the RVs {Λi, Λj, Penv, Xi} are independent The term in the third line ofthe expression at the right-hand side of (13) can be further expressed ... goes beyond the scope of this article and is the subject of future research However, whatever the used sensors, it is possible to derive the equivalent value of l and, therefore, rely on the proposed...