... are main types of investors’ needs which are identified based on their different set of goals and objectives, namely: Types of needs Conservative Characteristics Focused on the security of investment, ... clients should identify types of financial advisor Financial advisors are divided into three types: - Tied advisers: working for one organization, such as bank, building society or insurance company, ... reasonable for Sandy to generate more wealth Table 5: Identify suitable types of advisors for different investors After identify types of financial advisor which suitable the most for themselves,...
... used when liquidity is relatively low Liquidity might be low because of random order arrival characteristics In this case, price limits can time-average the arrival of liquidity suppliers and ... broad As it happened, none of our stocks hit a daily price limit, despite the high activity and volatility in the sample Table reports the intraday price variation limits These depend on the stock ... transition path and reducing the impact of transient liquidity shocks On the NYSE, this purpose is served primarily by price continuity rules, and it is illuminating to compare the two approaches...
... concentration of at least a blocking minority (25%), an absolute majority and a supermajority (75% and more) Panel A reveals that a voting rights majority exists in more than half (56%) of the ... whether or not the largest owner holds a blocking minority, majority or supermajority (as in Hermalin and Weisbach, 1991) ± reveal that minority stakes held by industrial companies are suciently ... degree of authority from shareholders to management They show that the use of equity implements statecontingent control: in states of the world with decreasing corporate pro®tability, close monitoring...
... Longstaff, F A (1995), "How much can marketability affect security values?" Journal of Finance 50, 1767-1774 Nguyen Anh Phong (2012), “The suitability of the CAPM in the Vietnam Securities Market”, ... the effect of the B/M ratio is 0.0206%/month, while the effect of liquidity is -0.0074%/month However, the effect of liquidity is quite faint, the significance level is not convincing Nopbhanon ... groups by market value of equity (ME), then there are 5% of stocks in highest and lowest values cleaned out in order to avoid the distortion of data Market value of equity is calculated based on...
... than equity because cost of equity is more expensive than cost of debt Consequently, creditors have more priority than shareholders when the company in bankruptcy situation However, equity is needed ... lead to the rejection from the MBA program at the International University – Vietnam National University Ho Chi Minh City -1- Copyright Statement This copy of the thesis has been supplied on ... Transparency is a necessary element of financial stability in capital markets Lack of transparency may adversely affect financial stability and integrity of entire financial system in an economy, which...
... that result from the use of or inability to use the work, even if any of them has been advised of the possibility of such damages This limitation of liability shall apply to any claim or cause ... Corporation 164 ix x CONTENTS PART THREE THE PATH TO ACCOUNTABILITY 169 Chapter Ten Restoring Corporate Integrity 171 Restoring Corporate Integrity: Steps to a Healthier Organization 173 What Do You Think? ... CORPORATE ACCOUNTABILITY Measuring, Managing, and Rewarding Executive Performance DONALD P DELVES McGraw-Hill New York Chicago San Francisco Lisbon London Madrid Mexico City Milan New Delhi San...
... not perfect 4 Limitation of Viet Nam ‘s stock market - Information is not transparent - Liquidity is not high - Securities law is not perfect Part 02: How does it influence on the economics...
... purchase securities But they not disclose information for personal gain and then a penalty but the penalty is lower than the profit they earned Besides, to raise capital easily company will create ... know -Liquidity is not high: in the present value of the transaction are very low There are Blue-chip stocks have high transaction, while the peny-chip stocks are quite low liquidity and sometimes ... the reliability of the information that is hard to be corrected Therefore, the need to supplement the disclosure of securities transactions, the issue of false information and dishonesty On that...
... a growing anxiety over the possibility of some hasty action by the Exchange authorities showed itself among brokers, bankers, and even some government officials For this anxiety there was never ... provident man of the safety to which he is entitled When such facts as these are duly weighed by the agencies having the authority to close the stock market, it becomes clear that duty dictates a policy ... prompt and energetic action of the thirty-six men who faced the awful responsibility on July 31st financial America was saved It is true that in saving the community they saved themselves, but so the...
... of responsibility 3.2 The presentations began with Mr B Hicks, Rapporteur on the Urban Atmospheric Environment, who informed the group that after a period of uncertainty the Quality Assurance/Science ... Atmospheric Chemistry Observations (IGACO) 10 Continuing to build air quality management capacity in countries with mega-city air pollution problems 5 GAW ORGANIZATION COMPONENTS 5.1 As a part of ... This project focuses on establishing air quality diagnostic capability in developing countries as well as in more developed countries (Mexico City, Beijing, Mosco w GURME projects) Further aims...
... purposes halibut is not part of the groundfish complex iii NPFMC Economic SAFE Economic Status December 2009 CONTENTS Page Abstract iii List of Figures vii List of Tables ... Alaska in terms of economic activity and outputs using estimates of catch, bycatch, ex-vessel prices and value (i.e., revenue), the size and level of activity of the groundfish fleet, and the ... the Alaska groundfish fisheries and to provide the industry and others an opportunity to comment on the validity of these estimates It is hoped that the industry and others will identify any data...
... the information quality often is to meet different needs, such as reliability, objectivity, timeliness, relevance, understandability, comparability of the information Reliability is considered as ... quality of listed companies Quantifying FAIQ by standardizing mesurement of FS: Relevance (R), faithful representation (F), comparability (Co), verifiability (V), timeliness (T), understandability ... quality that convey from the input to the ouput According to IFRS (2013), the following criteria are used to decide FAI has: relevance, faithful representation, comparability, verifiability, timeliness...
... stock-type treatments Stock type were acorns to be directly sown into the field planting site Stock type were to be grown for months in containers and then transplanted to the field Stock type ... the 1-year-old seedlings, almost all of the mortality occurred during the first year, and appeared to be due to the poor physiological quality of the planting stock Many seedlings turned partially ... exhibited similar morphological responses to the radicle pruning treatments (tables III and IV) For both stock types, cutting off part of the radicle prior to planting caused the formation of significantly...
... not have any price setting responsibility-they only determine the quantity purchased The rule of concealing your best price applies in MRO and other types of purchasing where posted prices are ... somewhere in between, and a quantity of the product as well Many Internet deal engines run electronic auctions Others allow customers to select from offerings from a variety of sellers The Essence ... product Many buyers bid against each other, and those with the highest bids receive the units 'The FIIIMIIIretl modeL The product is a component specified by the buyer, not used by others, and there...
... “Phòng tàikếtoán , “Phòng dự án”, “Phòng Marketing” In addition, the company has “Phòng kinhdoanh nhà xuất nhập khẩu”, “Phòng đầutư phát triển nhà đô thị” and “Phòng tư vấn thiết kế to comply ... and Marketing Managers Phó tổng giám đốc kinh doanh/ Giám đốc Kinh doanh: Vietnamese companies usually have a “Phó tổng giám đốc kinh doanh/ Giám đốc Kinhdoanh to be responsible for directing and ... phòng kế toán: Companies may choose to appoint the head of accounting department and call him or her “Trưởng phòng kếtoán Normally, the position of Kếtoán trưởng” and “Trưởng phòng tàikếtoán ...