Showing 1 - 10 of 151
connecting management accounting, corporate finance and financial mathematics (Peasnell, 1981, 1982; Peccati, 1987, 1989, 1991 … different lost-capital metrics have been considered, for value-based management purposes, by Drukarczyk and Schueler (2000) and …
Persistent link: https://www.econbiz.de/10005621680
practices of the banking and finance sector, which widely range from non-performing loans, to China’s money market and interbank … lending business. These problems also directly associate with the liberalization of the banking and finance sector of the … financial institutions, by focusing on the policy implications of the history of banking and finance in China, and what this …
Persistent link: https://www.econbiz.de/10005616726
The Net Present Value maximizing model shows fallacies and inconsistencies that may be easily unmasked by performing a cognitive analysis of the decision-making process implied by the maximization problem. The model may be conveniently rescued if the maximizing version of the criterion is shunt...
Persistent link: https://www.econbiz.de/10005619621
enterprise of social capital to value based management and the priorities of marketers. A plausible SCVA valuation method is …
Persistent link: https://www.econbiz.de/10005619665
This paper proposes a new way of decomposing net present values and net final values in periodic shares. Such a decomposition generates a new notion of residual income, radically different from the classical one available in the financial and accounting literature. While the standard residual...
Persistent link: https://www.econbiz.de/10005619703
The paper examines the short to medium term trends and volatility in Karachi Stock Exchange and further explore the nature of relationship between stock market activities and a set of macroeconomic variables in 1990s. The analysis is based on daily and monthly data on general stock price index...
Persistent link: https://www.econbiz.de/10005620029
Over the past century, the institution of capital and the process of its accumulation have been fundamentally transformed. By contrast, the theories that explain this institution and process have remained largely unchanged. The purpose of this paper is to address this mismatch. Using a broad...
Persistent link: https://www.econbiz.de/10005621372
factors, such as management/broker fees and taxes, could play a role. This paper gives important insight to what one can …
Persistent link: https://www.econbiz.de/10005621847
We explore market dynamics generated by the Santa-Fe Artificial Stock Market model. It allows to study how agents adapt themselves to a market dynamic without knowing its generation process. It was shown by Arthur and LeBaron, with the help of computer experiments, that agents in bounded...
Persistent link: https://www.econbiz.de/10005622019
Promotion of the urban informal sector has become the new strategy of development in the developing economies. This paper attempts a study of some of the important characteristics of this sector in the city of Cuttack and compares it with that of the formal sector. The major strengths of this...
Persistent link: https://www.econbiz.de/10005786980