SUMMARY: FROM COMPETITIVE ADVANTAGE TO CORPORATE STRATEGY: 1. Passing the Essential Tests a) How Attractive Is the Industry? An attractive industry with a high ROI will be difficult to enter because entry barriers are high, suppliers and buyers have only modest bargaining power, substitute products or services are few, and the rivalry among competitors is stable. An unattractive industry like steel has flaws i.e. many substitute materials, powerful and price-sensitive buyers and excessive
Words: 1232 - Pages: 5
Table of content Page Introduction 1 Asian Contagion 1 Emerging Market Crises 3 Meltdown in Thailand
Words: 6492 - Pages: 26
The Role of the Currency Board in Bulgaria's Stabilization Anne-Marie Gulde Bulgaria's latest stabilization program, which included the introduction of a currency board, marked the end of a period of economic turmoil and near-hyperinflation. What accounts for its success? After several failed stabilization attempts, Bulgaria introduced a currency board on July 1, 1997. Controversial and difficult to implement because of Bulgaria's serious structural problems, the currency board has been
Words: 3058 - Pages: 13
and ‘low-risk’ based on both daily and monthly returns basis. Finally, we examine whether the risk category of companies undergoes significant changes between monthly and daily returns basis or not. Financial economists have applied innumerable tests to capture the ‘systematic risk’ present in a security or a portfolio in different markets in the world. Since 1970, there has been a large collection of research examining the systematic risk applying ‘beta coefficient’. Researchers have made attempts
Words: 4615 - Pages: 19
the Greek debt restructuring deal and bond exchange, or these insurance-like instruments, untested in a sovereign restructuring before Greece and which are used as a protection against losses on bonds, could lose their appeal. An auction held by 14 banks set a market-wide payout of $2.5bn, or 78.5 per cent of the $3.2bn of net outstanding CDS as of March 9, when a so-called “credit event” was declared by the International Swaps & Derivatives Association, the industry body that rules on pay-outs
Words: 9710 - Pages: 39
International Journal of Social Economics Inflation in Malaysia Ming-Yu Cheng Hui-Boon Tan Article information: Downloaded by Universiti Teknologi MARA At 00:03 28 September 2015 (PT) To cite this document: Ming-Yu Cheng Hui-Boon Tan, (2002),"Inflation in Malaysia", International Journal of Social Economics, Vol. 29 Iss 5 pp. 411 - 425 Permanent link to this document: http://dx.doi.org/10.1108/03068290210423532 Downloaded on: 28 September 2015, At: 00:03 (PT) References: this document
Words: 6880 - Pages: 28
Project : Micro Economics Topic : Euro Zone Deflation In 2014 By : Danish Naeem & Mr. Faheem-ur- Rehman. The euro zone The world’s biggest economic problem Deflation in the euro zone is all too close and extremely dangerous Oct 25th 2014 | From the print edition THE world economy is not in good shape. The news from America and Britain has been reasonably positive, but Japan’s
Words: 2165 - Pages: 9
He examines a range of countries depending on when they left the gold standard (~1931-1936) to test his thesis using a regression model. His regression concludes three main points: “(1) that monetary contraction was an important source of the depression in all countries; (2) subsequent to 1931 or 1932, there was a sharp divergence between countries
Words: 1074 - Pages: 5
:ﺗﺌﻮری ﺣﺴﺎﺑﺪاری :)درﺟﮫ اول اھﻤﯿﺖ (ﻣﻨﺎﺑﻊ اﺻﻠﯽ ﺗﺌﻮری ﺣﺴﺎﺑﺪاری (ﺟﻠﺪ اول)، دﮐﺘﺮ ﺳﺎﺳﺎن ﻣﮭﺮاﻧﯽ، دﮐﺘﺮ ﮐﺮﻣﯽ، ﺳﯿﺪ ﻣﺼﻄﻔﯽ ﺳﯿﺪ ﺣﺴﯿﻨﯽ، اﻧﺘﺸﺎرات ﻧﮕﺎه داﻧﺶ (ﺟﻠﺪ دوم ھﻨﻮز ﻣﻨﺘﺸﺮ ﻧﺸﺪه .1 )اﺳﺖ )ﻧﻈﺮﯾﮫ ھﺎی ﺣﺴﺎﺑﺪاری ( ﺟﻠﺪ اول )، دﮐﺘﺮ ﺛﻘﻔﯽ ، اﻧﺘﺸﺎرات ﺗﺮﻣﮫ ( ﺟﻠﺪ دوم ھﻨﻮز ﻣﻨﺘﺸﺮ ﻧﺸﺪه اﺳﺖ .2 ﺗﺌﻮری ﺣﺴﺎﺑﺪاری، اﺳﮑﺎت، ﺗﺮﺟﻤﮫ دﮐﺘﺮ ﭘﺎرﺳﺎﯾﯿﺎن، اﻧﺘﺸﺎرات ﺗﺮﻣﮫ ﻓﺼﻮل ۱، ۲، ۳، ۴، ۵، ۶، ۸ ، ۹ .3 )ﻧﺸﺮﯾﮫ ۳۱۱ ﺳﺎزﻣﺎن ﺣﺴﺎﺑﺮﺳﯽ (ﻣﻔﺎھﯿﻢ ﻧﻈﺮی ﮔﺰارﺷﮕﺮی ﻣﺎﻟﯽ .4 ﺗﺌﻮری ﺣﺴﺎﺑﺪاری، واﺗﺲ و زﯾﻤﺮﻣﻦ، دﮐﺘﺮ ﭘﺎرﺳﺎﺋﯿﺎن، ﻓﺼﻮل ۴ و ۵ و ۷ .5 :درﺟﮫ
Words: 5928 - Pages: 24
Specifically, a set of financial and economic ratios will be analyzed in a corporate distress prediction context using a multiple discriminant statistical methodology. Through this exercise, I will explore not only the quantifiable characteristics of potential bankrupts but also the utility of a much-maligned technique of financial analysis: ratio analysis. Although the models that we will discuss were developed in the late 1960’s and mid-1970’s, I will extend our tests and findings to include application
Words: 8723 - Pages: 35
