Showing 1 - 10 of 537
The purpose of the article is to analyze the relevance of the audit in minimizing the risk of fraud. The methodology of …
Persistent link: https://www.econbiz.de/10012011836
Marketing communication is a concise part of modern museum management. Museums operate in a competitive environment …, international trends, and visitor preferences have an influence on marketing communication. Museum management must devote expert …, the effectiveness of the use of expenses plays an important role in museum management; it is also essential to combine …
Persistent link: https://www.econbiz.de/10013200286
study is the construction and development of an optimal compensation agency model for risk management, which is derived by … exponential pattern of the general hyperbolic absolute risk aversion (HARA) utility function that satisfies their respective … considering the effect of risk aversion utility on revenue. The proposed model can provide a fair and feasible approach within the …
Persistent link: https://www.econbiz.de/10012611663
management the ETFs with negative leverage factors can also be applied for the hedge or cross hedge of a portfolio. These hedging … ETF is an index. Fund management today uses the active and the passive way to construct a portfolio. ETFs can be used for … passive portfolio management, for which ETFs with positive leverage factors are preferred. In the frame of an active portfolio …
Persistent link: https://www.econbiz.de/10010290046
This paper addresses the question of whether and how easy monetary policy may lead to excesses in financial and real asset markets and ultimately result in financial dislocation. It presents evidence suggesting that periods when short-term interest rates were persistently and significantly below...
Persistent link: https://www.econbiz.de/10010300027
A major difficulty in determining the appropriate risk premium for lending to small businesses is the lack of market … risk premium for lending to firms in specific industries. This model incorporates the benefits of diversifying across firms …
Persistent link: https://www.econbiz.de/10011310342
We study the yields in the German treasury bills market. We take a detailed look at the yield banks require to buy treasury bills in the primary market, and we also examine the yield households and nonbank firms demand to buy these bills in the secondary market. We use data from real world...
Persistent link: https://www.econbiz.de/10011559159
This paper examines the determinants of the South African rand/US dollar (ZAR/USD) exchange rate based on demand and supply analysis. Applying the EGARCH method, the paper finds that the ZAR/USD exchange rate is positively associated with the South African government bond yield, US real GDP, the...
Persistent link: https://www.econbiz.de/10011559203
Cochrane (2014) shows that high-powered money balances and short-term government bonds can be considered as perfect substitutes for the U.S economy during the past twenty years. We build on this claim and consider a variant of the standard cashless new-Keynesian model with two types of...
Persistent link: https://www.econbiz.de/10011996088
This paper investigates the relationship between changes in interest rates and the Spanish stock market at the industry level over the period from January 1993 to December 2012 using a wavelet-based approach. The empirical results indicate that Spanish industries exhibit, in general, a...
Persistent link: https://www.econbiz.de/10012118385