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Convergence of International Accounting Standards
Convergence of International Accounting Standards
Introduction
During the last decade, the accounting industry worldwide has undergone major revolutions. The history witnessed a series of corporate scandal including Enron, WorldCom & Arthur Anderson which helped to uncover the gaps of the accounting standards. It followed by many new ...
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Insurance Market Failure
[Name of InstitutionInsurance Market Failure
Introduction
Insurance market has been declining since the past few years. This is the reason the health care of people has also been deteriorating. The main reason behind this decline is that the health of people is not being insured properly due to which people ...
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TRANSACTION COST THEORY
Transaction Cost Theory
Transaction Cost Theory
Introduction
According to this theory, Multinationals and other large Corporations tend to internalize the transaction cost, which is very high in the market. It is recommended to carry out these transactions within the company, instead of independent companies. The transaction cost theory wants ...
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Mispricing in the Property Market and Informational Inefficiencies
Mispricing in the Property Market and Informational Inefficiencies
Introduction
Mispricing refers to the concept when property is valued either as over-valued or under-valued. It refers to the concept when actual prices of investment are manipulated or investment is made in a speculative market (Mallinson & ...
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Mispricing and Informational Inefficiencies
Mispricing and Informational Inefficiencies
Introduction
The paper aims to discuss the concept of market correction process and the link between mispricing and informational inefficiencies. The paper enlightens the concept of pricing and market correction process. It explains the importance of information in this regard and also also discusses the ...
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FINANCIAL CRISIS
Financial Crisis 2007: Causes and Theoretical Analysis
Financial Crisis 2007: Causes and Theoretical Analysis
Introduction
Financial crisis can be defined as a condition when money requirement rapidly increases as compared to the money supply. A few decades before, a financial crisis was equal to a banking crisis, but today it can also ...
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DEBT AND FOREIGN EXCHANGE
Debt and Foreign Exchange
Debt and Foreign Exchange
Evaluate the view, within the context of current theories and evidence that the distinctions between debt and equity are disappearing
As during the past decade the capital structure of the organizations have changed a lot, financial security characteristics have also changed. ...
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PROJECT MANAGEMENT
Project Management
Project Management
Q1.a Discuss the following: what is a project, what is project management, and the main phases of a project life cycle?
The Project Management Institute (PMI) defines a project as any work that intended to create a unique product or knowledge. It targets to achieve any ...
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INTERNATIONAL FINANCE - THE EURO IN CRISIS
International finance - The Euro in Crisis
International finance - The Euro in Crisis
The purpose of this study is to expand the boundaries of our knowledge by exploring some relevant facts and figures relating to the response of ECB to the financial crisis of 2008-2010. ...
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FINANCE
Changing Capital Market Structure and its Impact
Changing Capital Market Structure and its Impact
Introduction
The capital market can be defined as the market in which operators raise capital through the issuance of financial instruments, primarily securities. The financial market is a continuous process of transformation of savings into capital, which takes place ...