The paper briefly describes three interrelated developments in global capital markets: the sustained rise in gross capital flows relative to net flows; the increasing importance of securitised forms of capital flows; and the growing concentration of financial institutions and financial markets....

This paper provides an overview of the most important structured finance instruments in the context of the development of the financial turmoil that started in the third quarter of 2007 and continued into 2008. These financial market tensions were triggered by concerns about exposures of...

According to the structural approach, the financial system of an economy consists of four main components. They are financial markets, financial instruments, financial intermediaries (financial institutions), and financial regulators. Financial institutional environment in which financial...

According to the structural approach, the financial system of an economy consists of four main components. They are financial markets, financial instruments, financial intermediaries (financial institutions), and financial regulators. Financial institutional environment in which financial...

Includes descriptive metadata provided by producer in QuickTime movie file: "Politics, Economics and Social Issues - Video - Paul Volcker talks about the economic crisis." By Vanderbilt University. Paul A. Volcker, senior economic advisor to President Obama and former chairman of the Federal...

The Sarbanes-Oxley Act made audit committees directly responsible for the appointment, compensation, and supervision of companies' auditors. Limited research in the auditor selection process and PCAOB inspections suggest that managers, not audit committees, may still be selecting the auditors,...

This study was motivated by the researcher's, as well as his superior's, concern that afundamental area of business, information technology investment and evaluation, continues to be problematic for many organisations. The lack of an integrated and methodical approach to the problem, as well as...

The purpose of this research was to determine the success rate of business plan proposals submitted at selected financial institutions. In the context of this study, selected financial institutions refer to the four main retail banks of South Africa, namely ABSA, First National Bank, Standard...

We elaborate an immanent critique of the International Accounting Standards Board (IASB), critically exploring its claim to serve the public interest by reference to its character and position, its official principles and its work vis-à-vis campaigns to disaggregate accounting focused on...

The purpose of this thesis is to argue that the core of a monetary economy is a network of triangular contracts between banks, firms, workers and capital goods suppliers. Not only does this network give rise to the creation and valuation of money but it is the organising feature of modern...