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Books > Business & Economics > Finance & accounting > Accounting > Financial accounting
In finance, understanding investors and their motivations is key
for any business and policy-maker. Analyzing financial decisions
and investor behavior can shed light on the major characteristics
and variables behind trading decisions, giving researchers and
investors a better understanding of the influences that affect the
stock market. Understanding the Investor: A Maltese Study of Risk
and Behavior in Financial Investment Decisions offers a nuanced
view of the Maltese investor and the Malta Stock Exchange. In this
in-depth study, author Antonietta Bonello explores the major risk
appetite and tolerance characteristics of decision-taking for local
financial investors. With foreign direct investment (FDI) growing
by around 21% between 2014-2017, Malta's investment activities can
be seen and used as an example of actual investment decisions taken
by active investors. Looking across investor expectations, return
of income, risk and loss aversions, disposition effect, financial
literacy and overconfidence, Bonello offers an exciting perspective
on investors in Malta, and the implications of this on the wider
financial world. For individual investors and researchers in the
area of personal finance, this new case study offers an in-depth
look at investor behavior, allowing readers to understand the
motivations behind emerging investment trends and to draw
far-reaching conclusions on how best to prepare for upcoming
challenges in financial investment.
The general store in late-nineteenth-century America was often the
economic heart of a small town. Merchants sold goods necessary for
residents' daily survival and extended credit to many of their
customers; cash-poor farmers relied on merchants for their economic
well-being just as the retailers needed customers to purchase their
wares. But there was more to this mutual dependence than economics.
Store owners often helped found churches and other institutions,
and they and their customers worshiped together, sent their
children to the same schools, and in times of crisis, came to one
another's assistance. For this social and cultural history, Linda
English combed store account ledgers from the 1870s and 1880s and
found in them the experiences of thousands of people in Texas and
Indian Territory. Particularly revealing are her insights into the
everyday lives of women, immigrants, and ethnic and racial
minorities, especially African Americans and American Indians. A
store's ledger entries yield a wealth of detail about its
proprietor, customers, and merchandise. As a local gathering place,
the general store witnessed many aspects of residents' daily lives
- many of them recorded, if hastily, in account books. In a small
community with only one store, the clientele would include white,
black, and Indian shoppers and, in some locales, Mexican American
and other immigrants. Flour, coffee, salt, potatoes, tobacco,
domestic fabrics, and other staples typified most purchases, but
occasional luxury items reflected the buyer's desire for refinement
and upward mobility. Recognizing that townspeople often accessed
the wider world through the general store, English also traces the
impact of national concerns on remote rural areas - including
Reconstruction, race relations, women's rights, and temperance
campaigns. In describing the social status of store owners and
their economic and political roles in both small agricultural
communities and larger towns, English fleshes out the fascinating
history of daily life in Indian Territory and Texas in a time of
transition.
More than a third of start-ups fail due to founders having a poor
understanding of financial management. Become financially savvy
with this easy to understand guide and learn how to effectively
grow your business, communicate with investors and progress to the
next level. Start-ups face many challenges but managing the
finances does not need to be one. Financial Management for
Technology Start-Ups offers a complete financial toolkit on how to
use this area of your business to your advantage. This book
contains invaluable tools and insights designed specifically for
tech start-ups, with a concentrated focus on what is important in
financial terms for technology-based and innovation focused
entrepreneurial businesses. The fully updated second edition offers
greater analysis of financial statements directly from real-world
start-ups, charts the success of businesses that went from start-up
to scale-up with all new case studies and covers new digital
technologies, emerging opportunities in the ecosystem, developing
markets and much more. For entrepreneurs and tech innovators, this
is a must-have book to help take your idea from concept to company
with clear and effective financial insights.
International taxation is evolving in response to globalization,
capital mobility, and the increased trade in services, and
introduces international tax practitioner, student and researcher
to the theory, practice, and international examples of the changing
landscape.
Models of tax competition in a flat and connected world are very
different than those necessary to ensure compliance in a world
dominated by cross-border flows of goods and repatriation of
profits. Taxes on consumption, e-commerce, and services are looming
innovations in future of international taxation. Tax coordination
and standardization are immense challenges in a world in which the
movement of value is increasingly subtle and hard to detect. And as
corporations and individuals become more sophisticated in the
internationalization of flows of capital, our models must become
more sophisticated in their scope and inclusion.
In the era when trade was dominated by the exchange of manufactured
goods, international taxation was designed to protect domestic
industries, create tax revenue, prevent evasion, and promote
compliance. The traditional toolbox of customs duties, tariffs, and
taxes on repatriated profits must be augmented as the movement of
goods across borders represents a much smaller fraction of trade
and as international taxation policy is increasingly used to
attract foreign corporations rather than discourage branch offices.
International taxation models that can better tax services, track
international flows of capital, and allow a nation to compete in a
world market for capital formation are the tools of the modern tax
practitioner.
International tax policy is now viewed as an integral part of
economic policy. This approach is bound to accelerate as the world
becomes increasingly flat and better connected. Economic progress
is more and more influenced by the movement of services and
information, movements that are no longer through ports but through
fiber optic lines.
This book contributes to the growing literature on international
taxation by bringing together theory and experience, current
practices and innovation, and our current understanding of some of
the challenges now facing and arguably frustrating current
international taxation policy. The book will create new avenues of
research for scholars, a new awareness for students of
International Taxation, and new possibilities for international tax
practitioners. The models and examples presented here suggest that
there are serious problems with measurability of flows of services
and information, and points to an increasingly need for greater
harmonization of international taxation, perhaps through
coordinated consumption-tax oriented approaches.
* Describe the rapidly evolving role of International Taxation in a
globalizing information economy
* Present theoretical models that act as the basis for successful
international tax competition
* Describe the experiences and innovations of representative
internationalized countries
* Discuss some new approaches to International Taxation
* Makes the case for new models of international taxation in an
increasingly global information world
Most business schools use case studies in their courses. However,
these are typically based on past cases and assigned to students to
solve. This book describes a new approach for teaching with case
studies, which was developed and applied successfully at TUM School
of Management. In this approach, student teams write and solve
their own case study on a topic concerning current and future
businesses. A case can thus be on their own startup or a strategic
decision of existing companies. During the course, the students
receive intensive coaching while selecting and developing the case
topic by the course advisors as well as feedback by industry
experts and executives for whom the case is actually a burning
question. The authors present 17 cases covering strategic questions
for startups and technology companies such as Deutsche Post, BMW,
Ryanair, Lufthansa, Stadtwerke Munchen, Fielmann, adidas, Siemens,
Caribou Biosciences, eon, Airbus, Unicredit and UBS.
Public corporations and private businesses operate in an
increasingly complex, uncertain, and interconnected world. When
evaluating investment decisions, business managers can no longer
base their decisions primarily on expected financial return. They
now must now consider a host of performance value measures (i.e.,
criteria) pertaining to issues such as environmental and social
governance, sustainability, and stakeholder satisfaction. In
addition, corporate managers must ensure that their investment
decisions are aligned with the company’s vision, mission, and
values in order to maintain investor confidence and protect brand
image. Lastly, to be truly successful, business managers must
assess the risks associated with each performance measure and
manage their impacts during project implementation. This book takes
a pragmatic business and economics view towards evaluating
competing investment alternatives and/or capital project
strategies. It provides a practical step-by- step process using a
structured decision analysis framework to evaluate, understand,
quantify, and measure project invesment strategies in light of
multiple stakeholder objectives and success criteria. This process
assists in helping stakeholders (internal and external) achieve a
shared understanding of project issues and to facilitate
convergence towards a mutually acceptable solution. The approach
considers available choices, identified uncertainties, constraints,
necessary tradeoffs, and preferences so as to identify solutions
that maximize overall benefits while minimizing overall costs and
risk. A real world case study is presented in the early chapters
and the process steps are demonstrated through application to this
case study. Recent advances in technology allow for investment
strategies to be evaluated against multiple criteria within one
integrated platform. This book guides the reader in performing
multi-criteria decision analysis, including the use of Monte Carlo
simulation, within an MS Excel environment using native MS Excel
and as well as add-in programs such Palisades Decision Tools suite.
Example model structures, screen shots, formulas, and output
results are provided throughout the book using an illustrative case
study.
This book serves as a guide to strategic management accounting. It
introduces new and useful concepts on how to collect, analyse, and
evaluate options to enable managers to steer corporate directions
and write strategic plans for the long-term success of the
corporation. Starting with basic techniques and the latest
strategic management approaches, the book then presents cases that
show the techniques employed step by step. By demonstrating how
easily the ideas can be translated into action, it is a valuable
resource for business practitioners, as well as for students taking
advanced management accounting courses.
This book analyzes the impact of Basel Accord in Bangladesh. More
specifically, it focuses on the credit risk homogenization under
standardized approach of Basel Accord where External Credit Rating
Agencies (ECAIs) are allowed to rate the exposures, the potential
risk of allowing sub-ordinated debt (Sub-debt) as Tier 2 capital,
and multiple bank distress cases as a real-world scenarios. In
doing so, the book explores why the ECAIs rating fail to capture
the real credit risk of exposure and to what extent sub-debt is
reliable as regulatory capital. With that, the book's scope is
categorized into three tracts (i) analyzes the ECAIs incentive and
sanction issues from institutional economics perspective (ii)
discusses the ill-impact of Naive adoption of sub-ordinated debt as
regulatory capital and its associated risk on financial system, and
(iii) providing readers an empirical illustrations of bank distress
when an economy tapped into institutional failures in the
above-mentioned tracts (i) and (ii).
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