CHAPTER 1 INTRODUCTION 1.1. Objectives Sovereign Wealth Funds (SWF) is the terms that often made headlines for their deals, their investments, their transparency and sometimes the lack of it. They hold the people’s money, hence the scrutiny from public eyes. They also have more aggressive risk appetite than the usual reserve manager of a country which uphold the liquidity, security, and profitability principals and that results in an even more detailed scrutiny to the SWF. The term SWF
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Chapter 1 Introduction OBJECTIVES Introduction to the goal of financial management. Competitors to the rule of wealth maximization and their limitations. Factors affecting value creation. Corporate governance around the world. Corporate Financial Management deals with the decisions of a firm related to investment, financing and dividend. To carry on business, a firm invests in tangible assets like plant and machinery, buildings, and intangible assets like goodwill and patents. This comprises
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international market. Initially, the nature of the international business environment will be considered by looking at the size and importance of international markets. Governments encourage businesses to trade internationally but protectionism is also common. International business is regulated not just by national governments but also by transnational trading arrangements promoted by trading blocs such as the European Union and global agencies such as the World Trade Organization (WTO). Both large
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most often refers to activities that integrate technology, telecommunications and social interaction, and the construction of words, pictures, videos and audio. By creating and implementing a complete syndicated social media plan for Capital G Bank, we are enabling our clients to communicate more effectively with us across a variety of different mediums while producing strong brand awareness in the community. Blog A blog (a contraction of the term “Web log”) is a Web site, usually maintained
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Plunder of India India now is witnessing not mere corruption, but national plunder. --Brahma Challeny, The Hindu, Dec 6, 2010 ESTIMATE OF DEPOSITS IN SAFE HAVENS Top 5 in the world India - $1456 billion (1.4 Trillion dollars) Russia - $470 billion UK $390 billion Ukraine - $100 billion China $96 billion Note: While these numbers are not substantiated because of secrecy, it does reflect the magnitude. Conservative Estimate by Global Financial Integrity India’s standing per Transparency
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last 12 months, the excessive sovereign debt problems in Portugal, Ireland, Italy, Greece, and Spain which all are members of European Union led to a crisis in the global financial system. As the European Monetary Union members use the Euro as the common currency, they do not have abilities to use independent monetary policy, the solution of this debt crisis which can influence the whole global financial system becomes to difficult to be found. Chart 1: How country debts and budget deficits compare
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financial information of a firm (firm’s operating performance.) such as its assets, how the firm generates and uses cash (good to know if you are an investor, tells you if the firm is being stupid or not with their money) and changes to stockholder’s wealth. This is why publicly traded companies are required to file annual (yearly) reports that inform investors (you) about their operations and financial conditions. The type of financial statements that are important to financial analysis are the balance
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in manufacturing and the increasing number of people who work in service industries. White-collar and other service workers have replaced blue-collar workers as England's economic backbone. Consequently, the middle class has increased in size and wealth, and home ownership has increased, while union membership has declined dramatically, along with the size of the traditional industrial working class. Most workers expect unemployment at some point in their careers, especially the unskilled and uneducated
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. The Great Depression was a period of unprecedented decline in economic activity. It is generally agreed to have occurred between 1929 and 1939. Although parts of the economy had begun to recover by 1936, high unemployment persisted until the Second World War. Background To Great Depression: * The 1920s witnessed an economic boom in the US (typified by Ford Motor cars, which made a car within the grasp of ordinary workers for the first time). Industrial output expanded very rapidly.
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