Efficient capital markets and the importance of behavioral finance
Essay - 7 pages - Finance
Efficient capital markets allow to consumers and companies to invest savings, borrow, and manage risk in the most effective way. Capital markets bring together companies, that seek to raise capital to invest in future performance and investors, who seek for a profitable return on...
The London Stock Exchange - publié le 15/01/2009
Essay - 5 pages - Finance
Financial globalization has grown since the nineties. In 2004, the portfolios of British institutional investors contained 26% of foreign assets. In comparison, this rate was of 11% in the United States and 23% in Japan, which makes the LSE the biggest international Stock Exchange....
Mergers and Acquisitions: reasons and consequences at the international market
Dissertation - 40 pages - Finance
The paper deals with the issue of 'Mergers and Acquisitions' in the western market, viewing the topic from the standpoint of their failures and successes. The subject is an extremely important one at present, as, on one side, there is a trend towards major international mergers and...
Stock index futures (CME® S&P 500® futures) - publié le 14/05/2009
Thesis - 6 pages - Finance
Stock index futures - The first stock index contracts were traded at the Kansas City Board of Trade on February 24, 1982. This introduction was followed (the same year in April) by the Chicago Mercantile Exchange (CME). These new contracts were based on the S&P 500 index. These two...
The London Stock Exchange
Essay - 7 pages - Stock exchange
Financial globalization has grown since the nineties. In 2004, the portfolios of British institutional investors contained 26% of foreign assets. In comparison, this rate was of 11% in the United States and 23% in Japan, which makes the LSE the biggest international Stock Exchange....
Valuing Common Stock
Essay - 8 pages - Finance
The valuation of common stock has been a subject of broad interest for more than a century. The reason is obvious. If you buy a stock that goes up, you can make profit, and if you can consistently select stocks that go up, you can become rich. There is an obvious approach to...
Improving the Tunisian financial market by adopting the international reference frame in terms of reporting with the aid of IAS/IFRS
Dissertation - 45 pages - Finance
The deterioration of the reputation of major players in financial markets (banking, insurance, financial institutions) has created a crisis of confidence without precedent with lasting consequences for all economic actors today and they are difficult to measure. In this context of high...
What are the main functions of capital markets? How useful are they as a source of finance?
Essay - 3 pages - Theories and economic notions
Capital markets have two important functions: primary market and secondary market. The primary market provides new capital. It is mostly considered as a source of finance for companies which want to raise capital in order to finance their development or acquisitions....
Valuing Common Stock (Case study)
Case study - 8 pages - Management
The valuation of common stock has been a subject of broad interest for more than a century. If you buy a stock with an increasing trend, you will make profit. There is an obvious approach to buy stocks that can help you make money. Identify stocks that are...
Empirical evidence on Seasonalities - Inspecting the market anomalies - publié le 16/01/2009
Essay - 20 pages - Finance
Anomalies, such as calendar effects, could be defined as phenomena where systematic returns patterns are observed. Partisans to informational market efficiency suggest that calendar effects are prone to disappear, as investors in the market could implement strategies in order to...
Stock index futures (CME® S&P 500® futures)
Essay - 8 pages - Stock exchange
Stock index futures - The first stock index contracts were traded at the Kansas City Board of Trade on February 24, 1982. This introduction was followed (the same year in April) by the Chicago Mercantile Exchange (CME). These new contracts were based on the S&P 500 index. These two...
Foreign exchange market in India with NPR Finance Ltd
Dissertation - 59 pages - Finance
The Foreign exchange market is a market for converting the currency of one country into that of another country. An exchange rate is simply the rate at which one currency is converted into another. Without the foreign exchange market, international trade and international...
The subprime crisis in the United States and its impact on the European financial markets
Thesis - 91 pages - Economy general
It was in February 2007 that the current financial market crisis was revealed to the United States. Institutions specializing in subprime loans announced their first losses and provisions. The financial experts compiled several scenarios. Was this a temporary crisis that would correct the...
Empirical evidence on Seasonalities - Inspecting the market anomalies
Market study - 12 pages - Finance
Anomalies, such as calendar effects, could be defined as phenomena where systematic returns patterns are observed. Partisans to informational market efficiency suggest that calendar effects are prone to disappear, as investors in the market could implement strategies in order to...
A study on the financial performance of the Hyderabad Stock Exchange
Case study - 29 pages - Finance
The Hyderabad Stock Exchange Ltd. established in 1943 was as a non-profit organization. It is now on its way to completing its 62nd year in the capital market; serving the cause of saving and investments. The Exchange made today occupies a prominent place in the regional...
Market study hotel industry business 2005 - publié le 15/01/2009
Essay - 11 pages - Business strategy
Marriott International's Q1 2005 net income was $145 million, a 27% increase compared to the same period last year. Marriott International recorded earnings per share (EPS) of $0.61 in the first quarter of 2005, up 30% from the same period in 2004.Management fees increased 52%, driven by 9.2...
Amazon.com entering the Australian Market
Market study - 69 pages - International marketing
Amazon.com Inc. is an American-based multinational electronic commerce company. Since its foundation as an on-line bookstore in 1994, the company has been showing an incredible growth that it now sells not only books, but also VHSs, DVDs, music CDs and MP3s, computer software, video games,...
What are the major opportunities that emerging markets offer to international companies and what are the key considerations that such companies have to take into account when formulating strategies for doing business in emerging markets? - publié le 19/01/2009
Essay - 8 pages - Business strategy
The notion of an emerging, or developing, market economy appeared 1981 in a World Bank report. This term was used since emerging countries have embarked on economic development and reform programs, and have begun to open up their markets and "emerge" onto the global scene. Therefore...
Why I Think Markets are Efficient
Essay - 2 pages - Finance
Market efficiency, discovered by Eugene Fama, is the theory that at any given time, the prices of the market fully reflect all available information on a particular stock or and/or the market. Therefore no individual investor has any advantage over any other as all...
Amazon.com entering the Australian Market - published: 29/09/2010
Case study - 69 pages - Services marketing
Amazon.com Inc. is an American-based multinational electronic commerce company. Since its foundation as an on-line bookstore in 1994, the company has been showing an incredible growth that it now sells not only books, but also VHSs, DVDs, music CDs and MP3s, computer software, video games,...
The general oil market and the American oil policy - publié le 13/01/2009
Thesis - 14 pages - International relations
Since the Industrial Revolution, energy is an international concern: one fifth of international trade of goods is the supply in energy of the companies. At the beginning of the century, oil became the most important energy source. Today, oil represents the most important share of the energy...
What are the major opportunities that emerging markets offer to international companies and what are the key considerations that such companies have to take into account when formulating strategies for doing business in emerging markets?
Essay - 9 pages - Business strategy
The notion of an emerging, or developing, market economy appeared 1981 in a World Bank report. This term was used since emerging countries have embarked on economic development and reform programs, and have begun to open up their markets and "emerge" onto the global scene. Therefore...
Market study hotel industry business 2005
Market study - 28 pages - Economy general
Marriott International's Q1 2005 net income was $145 million, a 27% increase compared to the same period last year. Marriott International recorded earnings per share (EPS) of $0.61 in the first quarter of 2005, up 30% from the same period in 2004.Management fees increased 52%, driven by 9.2...
Principles of Finance: Comparison and Contrast between 'Noise Trader' and 'Efficient Markets' Approaches to Pricing in Financial Markets
Essay - 4 pages - Finance
How important is Pricing? In financial markets, prices reflect a volume of aggregate information. In order to understand and make inferences in the financial market, pricing is a significant mechanism to understand the financial market. Surprisingly, pricing models have only...
The Toy market in Russia
Market study - 17 pages - Economy general
Russia is no longer a part of the world's economic powers as it was in the days of the Soviet Union, but it remains one of the 10 largest economies at the international level (8th place in 2007)). It is now a member of G8. The Russian economy is characterized by four major features: - A...
The general oil market and the American oil policy
Essay - 18 pages - International relations
Since the Industrial Revolution, energy is an international concern: one fifth of international trade of goods is the supply in energy of the companies. At the beginning of the century, oil became the most important energy source. Today, oil represents the most important share of the energy...
The (Mis)Behavior of Markets: A Summary
Essay - 3 pages - Finance
Do markets really follow a random walk as modern financial theory suggests? Are we likely to experience a market crash as deadly as the likes of the Great Depression? What is the nature of volatility and how should it impact the way we model financial markets? Although...
Operational risk management: Implementing a Bayesian Network for foreign exchange and money market settlement
Dissertation - 114 pages - Finance
Recent Financial scandals in the banking industry have caused considerable attention to be focused on operational risk. This is because an analysis of some of these scandals reveals that the underlying causes of these huge Financial losses are due to Operational Risk (OR) and not to credit or...
In order to promote the wealth of nations, what should be the relationship between the visible hand of the state and the invisible hand of the market? - published: 29/09/2010
Essay - 8 pages - Economy general
The decline of social democracy in Europe during the last decade is one of the examples which seem to show that there is no other global alternative for a state regulation under the market in the globalisation context. The predominance of the market in a political economy is not...
Louis Vuitton marketing strategy and the emerging luxury market in China - published: 29/09/2010
Case study - 19 pages - Services marketing
Louis Vuitton (LV) is the world 1st luxury brand and the leading brand of the LVMH group created in 1987, which was the 1st world group for luxurious goods' production and distribution. LVMH, ?16.5 billion sales worldwide in 2007 (+7.7%), is far ahead of the competition with revenues three...
