Category Archives: Финансы. Банковское дело. Инвестиции

Market Information and Stock Returns: The Nepalese Evidence

Market Information and Stock Returns: The Nepalese Evidence

Автор: Sudarshan Kadariya

The financial markets have been suffering from unforeseen and sudden economic turbulences that have been directly or indirectly influences the assets values. To analyze such these market influences, the separate discipline, investment management was formed in Finance and developed chronologically up to current professional and scientific phase. It is the fact that the market has been stimulated by the financial indicators which is in number as well as by the behavioral characteristics of the investment communities. Moreover, while considering the financial market as the mirror of economy it is equally important to note that the market moves on the sentiments and the trading behavior of the market participants. In the meantime, the trading behaviors depend upon the market information such as financial and non-financial — media, politics, hypes, etc. The study analyzes the market information and stock returns in Nepalese context in 2012. The study primarily focus on the usefulness of…

EGLR 1995

EGLR 1995

Автор: Barry Denyer-Green

EGLR 1995

Краткосрочный трейдинг на фондовом рынке

Краткосрочный трейдинг на фондовом рынке

Автор: Тони Тернер

Цитата «Когда игроки рынка испытывают оптимизм в отношении будущего нашей экономики и думают, что цены будут расти, оптимизм стимулирует надежду. Надежда разжигает жадность. Жадность разражается эйфорией. Такое развитие эмоций расширяет диапазоны цен, и рынок устремляется к новым максимумам». Тони Тернер О чем книга В книге Тони Тернер «Краткосрочный трейдинг на фондовом рынке», по ее собственному выражению, рассказывается «о том, что нового происходит на финансовых рынках, как они функционируют и как вы можете на этом заработать». Автор в форме интересного сплава опыта трейдинга и доступного изложения представляет огромное количество информации и знаний для тех, кто совершает краткосрочные сделки в условиях современного, крайне неустойчивого фондового рынка. Почему книга достойна прочтения Книга с помощью полной и объективной информации позволит значительно улучшить навыки и увеличить свои доходы как новичкам в игре, так и более опытным…

Stock Market Development and Economic Growth in Nigeria (1986-2006)

Stock Market Development and Economic Growth in Nigeria (1986-2006)

Автор: Oluwanishola Abiodun Okogun

One of the most enduring debates in economics is whether financial development causes economic growth or whether it is a consequence of increased economic activity. The relationship between stock market development and economic growth has received a great deal of attention during the last decades. Many economists have underlined the importance of stock market development in the process of economic growth while others think that this importance is over-stressed. Managers and owners of businesses are often ignorant of the full range of sources of finance available to them as well as the best means of accessing these funds. As businesses expand, it is pertinent to the continuing success of such a business that it possesses the ability to identify its financing requirements and its sources. Of all the sources of funds, the stock market is by far the largest source of finance for any organization and the study is needed to extensively focus on the opportunities that bound in the Nigeria…

Central Bank: Financial Stability and Financial Development

Central Bank: Financial Stability and Financial Development

Автор: Alicia Garcia-Herrero

This book has benefited enormously from Alicia»s rich experience in both central banking and the private sector. With so much at stake for central banks in terms of financial stability and development, this timely work is required reading for anyone looking to understand these challenges — Jaime Caruana, General Manager, BIS. The book carefully examines some of the core issues surrounding central banks, namely their impacts on financial development and banking crises. This timely publication should be of great interest to policymakers and academics during the thinking that is following the financial crisis of 2008-09. — Andrew Rose, Rocca Professor, U. of California. The book provides a wealth of empirical analysis to understand the role played by central banks in contributing to financial development and stability. It is a most useful contribution as we rethink the role that central banks should play in the macro- financial institutional design after the crisis. — Jose…

МСФО. Учет и отчетность. Практическое пособие

МСФО. Учет и отчетность. Практическое пособие

Автор: Е. В. Невешкина, Е. Ю. Ремизова, Г. С. Султанова

Основное достоинство книги заключается в том, что в краткой и простой форме излагаются пока еще достаточно сложные для российских специалистов особенности применения международных стандартов финансовой отчетности (МСФО). Рассматриваются принятые согласно МСФО основы учетного цикла, правила учета наиболее часто совершаемых хозяйственных операций, отражения активов, обязательств, капитала, расходов и доходов и др., а также составления финансовой бухгалтерской отчетности. Процедуры корректировки и реклассификации статей финансовой отчетности приведены на конкретных примерах. Даны базовые методы и технология трансформации российской отчетности в отчетность, подготовленную в соответствии с МСФО. Для бухгалтеров, экономистов и руководителей организаций, аудиторов, а также для студентов и преподавателей экономических вузов.

Banking Risk and Profitability in Republic of Moldova

Banking Risk and Profitability in Republic of Moldova

Автор: Igor Cebotari

The banking industry of Moldova is a mixed one comprising nationalized, private and foreign commercial banks. Many efforts have been made to explain the performance of these banks. Understanding the performance of banks requires knowledge about the profitability and the relationships between variables like market size and bank»s risk with profitability. Indeed, the performance evaluation of commercial banks is especially important today. Purpose of the analysis is the development of theoretical and practical framework of risk-profitability relationship and research of the optimum level of these variables in banking industry in Republic of Moldova.

Interest Rates and Economic Growth

Interest Rates and Economic Growth

Автор: Kamelia Assenova

The book presents original research of key interest rates – basic and on the interbank market – as an instrument to be stimulated the economic growth. The author uses Bernanke – Blinder model to develop the research by specific monetary conditions under the Currency Board. The design of this innovative book helps readers to understand the classical transmission mechanism of interest rate by the Currency Board. It researches the impact of key interest rates on the aggregate demand, thereby on the Gross domestic product by these conditions. The correlation is presented by the case of Bulgaria. The book suggests the researchers and professionals to distinguish the role of key interest rates as an instrument to realize the economic growth by the Central Bank and by the Currency Board and put in the practice this knowledge.

Non-Performing Assets In Banks

Non-Performing Assets In Banks

Автор: Korada Jayaditya Sarma,Pawan Kumar Avadhanam and R. K. Mishra

This Book discusses the concept of non-performing assets, the evaluation of credit risk, its significance, the quantification and monitoring of credit risk, and the study of action plan to mitigate the non-performing assets. The term NPA is explained and classified into various sub categories. Then the discussion is followed by key topics like asset classification, internal system for classification of assets as NPA, originating factors for the NPAs, Vehicles for NPA recovery, restructuring/ rescheduling of loans, and impact of NPAs. We will also throw a light on the Basel Recommendations and their efficacy in mitigating the credit risk. We will touch upon issues like estimation of capital requirements, segmentation of retail portfolios, etc. during our journey. In the final stage we delve upon the analytical part relating to the trends in the performance indicators of SBI, their correlations and the impact of NPAs on the performance of bank. From our study we find that there has been…

Determinants of Dividend Payout

Determinants of Dividend Payout

Автор: Theodros Kinfe

As the first type of research, of its time, in the soil of Ethiopia, it aimed at investigating the driving forces of dividend policy. Amongst many objectives, this work intends to add value to the investment decision of existing and potential investors. The models considered the impact of profitability, liquidity, leverage, firm size, growth, and lagged dividend per share on dividend payout ratios in Ethiopia bank industry. Empirical results verified that dividend payments related strongly and directly to firm size and lagged dividend per share, but negatively to the liquidity ratio. However, there is no relationship of profitability, leverage, and growth as independent variables with dividend payout. The significant variables may indicate that firms pay dividends with the intention of reducing the agency problem and mangers are reluctant to cut dividend. And, negative relation of liquidity with dividend may indicate inefficient of bank industry. The results of this study have…