1 LIQUIDITY RISK MANAGEMENT: A COMPARATIVE STUDY BETWEEN CONVENTIONAL AND ISLAMIC BANKS OF BANGLADESH Banks conventionally fulfill the supreme responsibility of being a financial intermediary between the deficit and surplus unit of the economy. Liquidity risk refers to the excessive transaction cost, excessive loss of value and excessive exertion of time that banks have to face at the time of allocating liquidity to the third party when stipulated. Because of the unique constitutional features
Words: 4252 - Pages: 18
Decision-Making Process Paper January 22, 2014 MGT 230 In just a few weeks during the summer of 2013, I had to make a hasty decision on purchasing a different vehicle. I was in a car accident that left the truck I had, from the day I got my license, totaled. Buying a car involves a lot of focus, attention to detail, and research. After taking a few days to recover from the chaos of the accident, I dove into car searching in all the wrong ways. I did complete many stages of the Decision-Making
Words: 648 - Pages: 3
The Idea behind VAR The most popular and traditional measure of risk is volatility. The main problem with volatility, however, is that it does not care about the direction of an investment's movement: a stock can be volatile because it suddenly jumps higher. Of course, investors are not distressed by gains. For investors, risk is about the odds of losing money, and VAR is based on that common-sense fact. By assuming investors care about the odds of a really big loss, VAR answers the question, "What
Words: 271 - Pages: 2
organize and manage the audit engagement so that it is performed in an effective and efficient manner. * Assisting in the selection of engagement team members with appropriate levels of capabilities and competence to respond to anticipated risks, and the proper assignment of work to them. * Facilitating the direction and supervision of engagement team members and the review of their work. * Assisting, where applicable, in coordination of work done by auditors of components
Words: 1070 - Pages: 5
Getting to know your system you are observing on a daily basis is essential. Doing so you develop a kind of sixth sense to when things are going wrong. If you are always observing when things are going right you will better understand when things are not doing what they are supposed to do. This is also known as a baseline, or something you can refer to when you think there may be an intrusion or malfunction. When you’re more comfortable with a baseline, and how your system operates then it is easier
Words: 396 - Pages: 2
Summary Elements of Executive compensation package The information below is taken from proxy circular- fiscal 2013. Main components of the executive compensation are: base salary; annual incentive; long-term incentive; retirement savings; and other compensation. The purpose of each of these elements is given below: Base salary (annual fixed): this compensation provides to executive officers for their everyday services and reflects their role within the company, personal performance, experiences
Words: 745 - Pages: 3
Activity 3.4 - Essay on Rand's Ideas Using "The Ethics of Emergencies" by Ayn Rand (pp. 215-218), develop an essay between 2 to 3 pages discussing her ideas in today's moral environment. Provide one other reference in addition to our text. The Ethics of Emergencies describes how some people base their ethical principles on emergency situations. The classic example is the lifeboat scenario. The scenario is that what if you are stuck on a lifeboat with some other people, and there's not enough water
Words: 629 - Pages: 3
what he believed in is right (at least to him). However,we need to understand that not all of his rules work for everyone. Buffett's first rules is not to lose. The second rule is not to forget the first rule. He is absolutely right about this because risk management is always the key to success in investing. I think that valuing a share based on its relative performance to similar shares is a good strategy to make sure the return on your investment. The comparison of an investment against other returns
Words: 342 - Pages: 2
Management Decision Problems (Chapter 1, p.33) 1. Haldiram, which sells more than 78 million bags of snacks, chips and other organic snack items each year, had its financial department use spreadsheets and manual processes for much of its data gathering and reporting. Haldiram’s financial analyst would spend the entire final week of every month collecting spreadsheets from the heads of more than 50 departments worldwide. She would then consolidate and re-enter all the data into another spreadsheet
Words: 299 - Pages: 2
Decision Making Process Kamie Fitzgerald MGT/230 October 29, 2012 Jack Geer Kamie was getting to a point in her life where it was time to make a decision on her career. She didn’t want any more of the economically driven jobs with no retirement and horrible benefit packages. It was time to think about the future and start preparing for a stable career and life for her family. Kamie really idolized her father as he worked for a city municipality her whole life, in fact, he started with that entity
Words: 532 - Pages: 3
