The same idea was supported by Vanstraelen, Zarzeski, and Robb when they find out that disclosure of non-financial forward-looking information was related to the accuracy of the analyst's earnings forecasts. Weintrop, Li & Byard examine the association between corporate governance and the quality of information available to the financial analyst
The entrepreneur or the management of the company has got the responsibility to give the public the details of the performance of the company which are a reflection of the financial accounts. Since the accounting of the transactions will represent the performance of the company, the accounting should be perfect.
Since like in all other countries the banking sector is the major pillar of Libya’s economy, and the central bank assumes the responsibilities of maintaining financial stability, it would be quite interesting to examine the role that the Central Bank of Libya has played in enhancing the performance of the banking sector of the nation.
Writing in the Wall Street Journal, Florence and Fiona examine the recent trends in the FDI inflows around the world. The two writers note that while FDI investment in the other Arab states such as Qatar, UAE, and Oman has been on the rise, very few countries can match the rate of FDI growth in Libya.
The UK banking sector crisis was a chain effect of the crisis that gripped the US economy. With the UK banking crisis mounting, the government decided to take a stake of £50bn in any bank that required support, in the form of preference shares (Guardian, 2008). As this news was broken the shares of most banks fell at the London Stock Exchange.
Credit risk management is an approach which is structured in a way to meet uncertainties through the process of risk assessment by developing strategies that enable in maximum utilization of managerial resources. The nature of banking is sensitive because it involves deposits from depositors that contribute more than 85% of their liability.
Pakistan has been a growing economy in the last decade or more. However, the banking sector remained very conservative and traditional. For example, a cash deposit in the same bank from one branch to another had additional charges associated. But with the jumping-on-the-wagon by multinational banks, the industry structure has been redefined.
The stock analysis is done using fundamental analysis and technical analysis. These tools guide the investor in taking the necessary position in the stock of a particular company. But there exist differences in these two schools of security analysis. The fundamental analysis is based on thorough scrutiny of a company’s financial statements.
The ethical code and the regulations are the foundational structures of Islamic finance and therefore this would call for the reorientation of research economists’ professions to undertake research that develops Islamic finance. The major problem with Islamic Finance is that it is designed for people of specific faith and religion.
The person tends to postpone a small but a significant beginning, which is capable of transforming his or her fortune. This issue has to be understood before it really happens with you stopping your small beginning for big gains in the future. Every tycoon or for that matter every big investor always start small-- as small as you can ever think of.
Analysis of the clean up: This concept shall arise when the company involved decides to arrange for a cleanup of the oil spill as well as compensate the families of the deceased or affected people. BP shall have to weigh the private versus social costs and benefits associated with the remedies it take which shall be explored in the main research. As economic theory suggests the decision that BP takes may not be socially desirable because of corporations’ self-interest and focus on maximizing
Establishes higher financial crisis solution rationality from acquisition and acquisition formulated financial solution compared to other possible and readily available financial and accounting options.An acquisition mimics government bailout to corporations during financial crisis. The similarity between acquisitions and acquisition is evident in the supply of a large amount of money to the corporation under financial crisis, which is subsequently used to pay its bankruptcy threatening debts.
The small enterprises of the country required to implement National Accounting Standard, which is formulated based on the principles of IFRS, before January 2006 (Republic of Azerbaijan Accounting Law, 2004 Article 8,9,10 and 17).Therefore, to find out the challenges faced by businesses in emerging economies, studies on companies in Azerbaijan will be helpful. There are many companies in Azerbaijan which already have converted to new system, but there are still some companies which are yet to
Executives, auditors and even shareholders to establish policies, rules and procedures that will improve strategic decision-making and enhance profitability (Baker and Anderson 2010). This occurs through cost control methodologies determined by the Board, adopting acceptable accounting practices, examining expenditures throughout the operational model, and aligning such support divisions as sales and marketing to build a better competitive brand and business identity (Mallin 2013; Monks and
In addition, I wanted to satiate my curiosity which was sparked by the disparity in the bonus levels existing between the executives and the employees with a high focus on the former as they take the lion’s share of the same.Research carried out on the subject area includes a study by Zingheim et al (2009). In the study, the scholars investigated the compensation, reward and retention practices in fast growing companies. A study by Ferrarini et al (2010) on the remuneration of executives
Is whether there are other assets that companies better returns in time of financial breakdowns or in social environments that are faced with dynamic contingencies. Saudi Arabian culture poses different environmental, social and business challenges as compared to other cultures.The fact that Saudi inhabitants follow strict Muslim law may be a challenge for business. The above factor has necessitated for the empirical research that will help people understand better the interaction of other
Despite the fact that this section of the investment market holds so much potential little information on why it is attractive to investors have been done. In this paper, a sample of Saudi Arabian investors and Islamic mutual funds executives was made to make sense of the phenomenonDespite the fact that Islamic investment has been viewed as a growing and a potentially gold mine venture, the reason why venture is related to the industry’s restricted nature by a couple of sharia laws is not
The authors observed that capital structure in Chinese organisation are greatly influenced by collectivism and the national culture play positive role in influencing leverage decisions with respect to foreign joint venture (Tse and Rodgers, 2014). Moving forward with this, the authors indicated that Chinese capital market is mostly dominated by high proportion of listed corporations.Hui and Chan (2014) monitored that the growth rate of Chinese economy has been moderately high and consequently,
The study aims at deciphering the relationship that is developed by Vichitsarawong (2007) with respect to goodwill impairment; however, in this research, emphasis has been given on European realities Germany. The main reason for selecting Germany for the research lies in the fact that it is the largest economy in the European nation. It also presents the highest Gross Domestic Product (GDP) of the nation over the past years. The commercial and accounting policies of Germany was affected by the
However, these researchers have ignored the importance of practising external corporate governance, which has the ability to prevent interference of the managers that may affect the welfare of the stakeholders (Singh and Davidson, 2003). In this case, it should be stated that both external and internal corporate governance are essential for gaining competitive advantage. The overall effect of the interference is reflected on effectiveness of the governance of the company. Therefore, in order to