Chapter 2 A Behavioral Finance Approach to Decision Making in Entrepreneurial Finance Rassoul Yazdipour By ‘uncertain’ knowledge, let me explain,… We simply do not know. J.M. Keynes (1937) Humans have an additional capability that allows them to alter their environment as well as respond to it. This capacity both creates and reduces risk. Paul Slovic (1987) All risk that is acted upon must be perceived risk because perception is based upon sensory data. We can only sense the ‘real
Words: 7844 - Pages: 32
Year (2011-2012) • • • • Business Environment and Strategy • • • • • Trimester IV Summer Internship ** Strategy Implementation (1) • • • • • Trimester V Environmental Management (1) • • Trimester VI Compulsory Courses Communication Economics Management Consulting –Risk Consulting I (1) Management Consulting –Technology Consulting (1) Emergency Preparedness & Disaster Management (1) Managing Business Turnaround ( 1) Business Analytics –Strategy Module (1) • Negotiation Skills (1) • Emerging
Words: 794 - Pages: 4
LANGUAGE: KANNADA/SANSKRIT/URDU/TAMIL/ TELUGU/ADDITIONAL ENGLISH/ MARATHI/HINDI ENGLISH BUSINESS STATISTICS FINANCIAL ACCOUNTING ORGANISATIONAL BEHAVIOUR BUSINESS ENVIRONMENT TOTAL BUSINESS COMMUNICATION HUMAN RESOURCE MANAGEMENT MARKETING MANAGEMENT CORPORATE ACCOUNTING SERVICES MANAGEMENT INTERNATIONAL BUSINESS INDIAN CONSTITUTION TOTAL BUSINESS RESEARCH METHODS BUSINESS LAW COST ACCOUNTING FINANCIAL MANAGEMENT PRODUCTION & OPERATIONS MANAGEMENT LAW AND PRACTICE OF BANKING COMPUTER FUNDAMENTALS TOTAL
Words: 19726 - Pages: 79
Managerial Finance | Use of Real Options Theory in Financial Management/Modeling | Tiffany Allen | BUS 650 | Prof. Achilles | 11/14/2011 | | Abstract In business, as in life, you always have options to choose from. In today's extremely unstable market, managers realize how incredibly risky some investment opportunities can be, and how useful a flexible strategy can be. Using real options theory, managers can more effectively analyze opportunities to pursue, delay, modify,
Words: 2959 - Pages: 12
Journal of Multinational Financial Management 11 (2001) 17 – 37 www.elsevier.com/locate/econbase Diversification strategy and capital structure of multinational corporations Imed Eddine Chkir a,1, Jean-Claude Cosset b,* Faculty of administration, Uni6ersity of Ottawa, 136 Jean-Jacques Lussier Street, Ottawa, Ont., Canada K1N 6N5 b Departement de finance et assurance, Faculte des sciences de l’administration, Uni6ersite La6al, ´ ´ ´ Quebec, P.Q., Canada G1K7P4 ´ Received 3 April 1999; accepted 22 October
Words: 10717 - Pages: 43
Advance Financial Management Graduate Business Administration 645 CRN: 11046 Building 163 – Room 2032 Winter Quarter 2013 Wednesday: 6:00-8:50 Paul Sarmas www.csupomona.edu/~psarmas CATALOG DESCRIPTION: A seminar course in finance utilizing comprehensive cases to simulate the role of the financial manager. 3 seminar-discussion. Prerequisite: GBA 546, all required 500-level courses, and microcomputer proficiency. Concurrent enrollment in GBA 646. Unconditional standing requirement
Words: 3255 - Pages: 14
but taking a risk of insolvency. Manager of a firm are desired to find a balance between liquidity and profitability to improve cash flow and maximize shareholder’s wealth. As soon as a company starts to run its business, it comes the decision and strategy about how much cash or inventory should be hold, how to financing and investing funds, how much debt to take and how long for the payment periods. Those decisions have serious influences on business cash flow and profitability. The Meaning of
Words: 2485 - Pages: 10
ET The recent financial crisis has all but torn up the investment rule book—received wisdoms have been found wanting if not plain wrong. Investors are being forced to decide whether the theoretical foundations upon which their portfolios are constructed need to be repaired or abandoned. Some are questioning the wisdom of investing in public markets at all. ENLARGE ROBERT NEUBECKER Many professional investors have traditionally used a technique known as modern portfolio theory to help decide
Words: 2331 - Pages: 10
employers have to bear negative impacts from the recession, especially employees with their financial difficulties and diverse needs. It is more important than ever for motivation. However, employee motivation is getting harder and harder in the face of economic crisis. In times of gloomy pay awards, employers are finding ways motivate their workers through benefits. Benefits than can address the financial concerns and the diverse needs of employees would work effectively as motivational factors.
Words: 7177 - Pages: 29
FIRST YEAR TRIMESTER – I (JULY – SEPTEMBER) AREA Finance Economics Human Resources & Behavioral Sciences Operations & Decision Science CODE 868 FIN 013 ECO SUBJECT Financial Accounting and Analysis Microeconomics: Firms, Markets & Behavior (Economics Analysis For Business Decisions) Individual Dynamics & Leadership Statistical Analysis for Business Decisions 870 HRM 871 OPS TRIMESTER – II (OCTOBER – DECEMBER) Finance Information Systems Marketing Human Resources & Behavioral Sciences 882 FIN
Words: 432 - Pages: 2
