Finance

Banks and businesses today often deal with so many different operations, it may be seem difficult to see the purpose of each and how they relate to each other or how they relate to our daily lives. Like individuals, businesses rely on banks, and when banks are not practical, they find other means for financing, or raising and managing funds. Readers examine the role of banks and the process of business financing as insightful text breaks down such terms as interest rate, capital, dividend, and …

Academics and practitioners have been more interested in various behavioral issues in finance and accounting. This special issue strives to stimulate interdisciplinary research about psychological influences on corporate and investment decision making and the relationship between the accounting information system and human behavior.

This special issue of Corporate Governance focuses on the development of theoretical and empirical insights on the interface between the financial sector, business, governments and society. It aligns with the thematic focus of, and build from discussions held at, the ABIS Annual Colloquium hosted by Nyenrode Business Universiteit on 16-17 October 2013 in Breukelen, the Netherlands. This special issue publishes papers that foster progress in research relevant to business and management practice …

Germany's ability to support its war machine financially has long puzzled scholars. The young nation had exhausted itself paying for its loss in the First World War, had suffered a hyperinflation in the early 1920s, and had ended the 1920s with a terrible economic depression. This is the first book in any language to examine the budget policies of the middle years of the Weimar Republic and to look at how these policies changed the politics of the time. It is also the first work to support the …

During the 1990s, the United States underwent a dramatic transformation: investing in stocks, once the province of a privileged elite, became a mass activity involving more than half of Americans. Pop Finance follows the trajectory of this new market populism via the rise of investment clubs, through which millions of people across the socioeconomic spectrum became investors for the first time. As sociologist Brooke Harrington shows, these new investors pour billions of dollars annually into …

This is the first book to introduce the major quantitative tools in risk management taking financial investments and logistics planning as the background: optimization and stochastic programming. Contained here are the fundamentals of portfolio selection theory from the point of view of risk control, and methods for risk control with new and popular risk measures such as Va R (Value-at-Risk) and CVa R (Conditional Va R). The book also introduces a new theory for risk management in more general …

Seminar paper from the year 2016 in the subject Economics – Finance, grade: 1, 7, University of Marburg (Accounting & Finance), course: Seminar Empirical Finance, language: English, abstract: In the following paper, I want to give an insight in two financial markets, the online peer to peer lending market and the payday loan market. Both are examples for disintermediated finance. Disintermediation means to withdraw funds from intermediary financial institutions, such as banks and savings/loan …

Principles of International Finance, first published in 1988, provides a comprehensive introduction to international finance which is rapidly becoming an increasingly important branch of international economics. The book is structured so that it can easily be adopted as a complete one-semester course in international finance and is divided into the four major divisions of international finance: The Foreign Exchange Market and the Balance of Payments; Exchange Rate Systems; Equilibrium and the …

Can Finance Save the World?Regaining Power over Money to Serve the Common Good Just as Thomas Piketty offered a sweeping critique and progressive reassessment of capitalism, former World Bank Group chief financial officer Bertrand Badre looks at the destructive role finance played in the global economic crisis of 20072008 and offers a bold prescription for making it a force for good. Badre says that finance is inherently neither good nor bad. It's just a toolthe most powerful tool on earth. …

This Palgrave Pivot aims to examine the bourgeoning relationship between the Principles for Responsible Investment and the Credit Rating Industry. Since May of 2016, when the partnership was initially publicised, the PRI have endeavoured to incorporate Credit Rating Agencies into its initiative via its ‘ESG in Credit Ratings Initiative’, and have been working diligently to find, and create common ground between Credit Rating Agencies and Institutional Investors seeking to be more …

The market-based interest rate reform remains a core part of China's financial reforms, and an important topic of both theoretical and policy studies. This book presents a comprehensive analysis of the process and logic of China's interest rate reform from a historical perspective. It is structured along three lines, i.e. loosening interest rate controls, establishing market-based interest rates, and building an effective interest rate adjustment mechanism, and systematically reviews the …

Originally published in 1971, when nationalized industries employed about 7 per cent of the national labour force, created about 10 per cent of the gross domestic product and had annual investment programmes which were equal to those of all private manufacturing put together. Even this understates the scope of public enterprise at the time, since there were many other organizations, ranging from the BBC to the Public Trustee, which were semi-autonomous public enterprises, but not nationalized …

This volume presents the current thinking on finance and strategy inside China. It begins with research presented at the China Financial Markets Conference in 2016, jointly organized by the University of Malaya and the Sun Tzu Art of War Institute. It includes a talk by Check Teck Foo on Currency-at-War: A Longer View, as well as a highly innovative piece by Kishan on the New Chinese Paradigm in Finance, and Tianyue Lu and Wee-Yeap Lau’s empirical work on China’s Shadow Banking. Ignatius …

A comprehensive introduction to the core issues of stochastic differential equations and their effective applicationIntroduction to Stochastic Differential Equations with Applications to Modelling in Biology and Finance offers a comprehensive examination to the most important issues of stochastic differential equations and their applications. The author — a noted expert in the field — includes myriad illustrative examples in modelling dynamical phenomena subject to randomness mainly in …