A little over five years later, HSBC appears to be weathering the banking storm as the unofficial ‘Last Bank Standing’ of the UK banking system, whilst the CEO of RBS has lost his job and the bank itself has had to accept recapitalisation on terms that could concede a majority equity stake to the UK […]
(GlaxoSmithKline) is one of the world’s largest drug companies and size can matter in this industry. This case explores the competitive benefits of larger size and how GSK is using them to tackle twin strategic challenges now facing the industry. Background Over the past 20 years, pharmaceuticals have become increasingly expensive to develop typically, costing […]
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Get help with your assignmentFinancial reports should meet the information needs of various users. These users could be ‘shareholders, investors, security analysts, managers, employees, lenders, suppliers, customers and government regulatory agencies. However, if auditors fail to identify users who will actually be relying on the report and if, for example, the company fails in its operation, then the assigned […]
Main role of financial decision making is to "increase the wealth of shareholders" and these financial decisions can be very tricky sometimes. One of the decisions is related to capital structure which is related to its financing option (debt and equity). One basic question "proportion of debt to equity?" and there could be hundreds of […]
There is a large body of empirical research that has assessed the impact of corporate governance on firm performance for the developed markets. Studies have shown that good governance practices have led the significant increase in the economic value added of firms, higher productivity and lower risk of systematic financial failure for countries. The studies […]
Twenty first century is the century of science and technology. Science and technology changes people both personal and professional lives. The rapid changes and advancement in electronic devices and its distribution channels that have produce tremendous changes in business from last two decades. [1] Growing competition between bank and non-bank financial institutions also raises a […]
The Information Technology has changed dramatically the performance of todays organizations to increase efficiency and effectiveness from last ten years. It is used all over the world through organizations from developed and developing countries to improve performance. This study examined the impact of ERP on organizational performance and management efficiency with respect to increase/decrease in […]
VENTURE CAPITAL:- Venture capital (also known as VC or Venture) is a type of private equity capital typically provided for early-stage, high-potential, growth companies in the interest of generating a return through an eventual realization event such as an IPO or trade sale of the company. Venture capital investments are generally made as cash in […]
Finance is important to any company, because enough capital ensure the smooth operation of company. Faced many kinds of way to finance, company must choose a reasonable method. Debt can cut down the cost of capital but increase the risk as well. Equity has low risk but high cost. So by analyzing the capital gearing […]
Here are some guidelines for that beginner who interest to invest in gold. Gold is hot topic for investment recently. Gold is stated as safer for investment. The gold possess some rare features which are gold could as a medium of exchange, as a store of wealth to increase and store of its power. Normally, […]
According to the Oxford Business Group Sharia law prescribes the ethical responsibilities of the Muslim faithful and forms the basic principles of Islamic financing. Islamic financing must therefore follow the teachings of the holy Quaran and the Sunnah which prescribe the Muslims way of life. For centuries these laws have been governing financial transactions and […]
From 2000 to 2003, the Federal Reserve made the interest rate target to 1%. This was done to soften the effects of the collapse of the dot-com bubble and of the 911 terrorist attacks. On the other hand, Globalization and trade imbalances made up the large inflows of money into the U.S. from high savings […]
Corporate governance appears to be a particularly important topic nowadays, when ownership rights and control over assets in corporations are separated, and the top management of corporations might not act in the interests of stakeholders. There are numerous corporations all over the world, and their effect on the world economy is quite substantial. Corporations as […]
Business has evolved since the ancient times from barter, business, commercial venture, general manufacturing to specialized manufacturing today. Initially, only the seller and buyer were parties to a business transaction. The title to the asset is given by bill or invoice. Bill is used for consumables or low value assets that are usually purchased in […]
Nortel Networks is a telecommunication equipment manufacturer. Its corporate life in 1895, Nortel produce the traditional phone in Canada, as few years after Alexander Graham Bell invented the telephone. Originally part of the Bell Telephone, it morphed into Northern Telecom and finally Nortel. Figure 1: The telephone that born in Canada, 1894 Major changes began […]
In this paper, it begins by an interpretation of the role and functioning of stock markets, the New York Stock Exchange is represented in this case. Firstly, it goes through the history of the NYSE, it explains its administrative structure. An overview of the advantages of the stock exchange for both investors and corporations is […]
Gold is determined by the inflation, the U.S dollar and U.S. stock market unpredictability. Gold has always held a special charm and fascination in people’s minds. Possibly it is the colour, weight, or the fact that over time it has come to symbolize an elemental resource for value and wealth. After a small research on […]
Bank for International Settlements is an international organization which fosters international monetary and financial cooperation and serves as a bank for central banks. The BIS is headquartered in Basel, Switzerland and its representative offices are in Hong Kong Special Administrative Region of the People’s Republic of China and in Mexico City. The BIS’s capital is […]
The bank of Italy was formed in 1983 as part of a reorganization of Italy’s banks of issue. In 1926 the essentially public position of the bank was accorded significant recognition, as it became the sole institution authorized to issue banknotes. It was given power of banking supervision that would be strengthened by the 1936 […]
Many people think that financial management is a thing of the rich people, undergraduate as a group with no independent source of income that does not need to learn and master personal finance. This is wrong viewpoint; financial management is a lifelong for everyone. In anyone’s life, it is including a single period, family formation […]
How Central Banks Control Money Definition of Money Supply: The whole supply of coin and other fluid instruments in a nation’s economy. The money supply may incorporate money, coins and parities held in checking and investment accounts. Financial specialists investigate the cash supply and make arrangements flowing around it through controlling premium rates and expanding or […]
Discuss, with the aid of examples, how a company can create value THEORETICAL BASIS FOR VALUE CREATION Companies create value by investing capital to generate future cash flows through its business operations at a rate exceeding the cost of capital. Numerically, the value of a company can be defined as the sum of present values […]
Financial crisis can be defined as a considerable decrease in economic activity extended across the economy, which lasts for a significant amount of time, visible in real GDP growth, real personal income, employment (non-farm payrolls), industrial production, and wholesale-retail sales, we have already seen such a situation at the time of great depression earlier and […]
As all of us know, the banking industry has experienced intense changes during the last decade. There are mergers and acquisitions between banking institutions, increase in sizes which they operate and the combination of banking with other financial services. It is known that all the changes made by bank nowadays are to increase public’s access […]
Banks play critical roles in every economy, and perform an important role in terms of maturity transformation. They operate the payments system, and are the major source of credit for large swathes of the economy, and act as a safe haven for deposits’ funds. They collect demandable deposits and raise funds in the short-term capital […]
Corporate governance has become a major topic of debate and policy development in the worlds of business, politics, and academia, in the UK and throughout the world. These debates and policy outcomes have important implications not only for business, but the wider economy and society. Recent events of the financial crisis exposed material shortcomings in […]
The Efficient Market Hypothesis is perhaps the most prevalent, controversial and well-known market theory in the world. EMH is one of the arguments made in favour of the stock market. It was developed throughout the 20th Century however it became more prevalent once Eugene Fama penned the term Efficient Market Hypothesis in his thesis from […]
Your college-mate, Adam, who studies in an Engineering faculty thinks that preparing the financial statement annually is a waste of time. As an Accounting student, you do not agree with Adam’s opinion. Explain to Adam the purpose of preparing a financial statement. Definition of Financial Statement Nowadays, there are a lot of demands that will […]
ABSTRACT: Project finance is increasingly gaining roots globally in both government (public) sector and the private sector. Projects that are project financed are mostly large infrastructure like high-speed rail, electricity generation plants, wind turbine, telecommunication tower and multifaceted infrastructure undertakings. More often than not, majority of project- financed projects are influenced by government. This brings […]
SABMiller plc is one of the biggest brewers in the world. The company produces globally recognised brands as Pilsner Urquell, Peroni Nastro Azzurro, Grolsch, Miller Genuine Draft, etc., and is also one of the largest bottlers of Coca-Cola products. SABMiller’s main office is located in the City of Westminster, London. It is listed on the […]
