International trade and trade policy may increase growth rates of income

There has been a recent growth of the amount of articles written on this topic; that international trade and trade policy may increase growth rates of income. Many researchers have provided a variety of frameworks for an open economy that are rooted in the closed economy endogenous growth models of Romer(1986) and Lucas(1988). One of … Read more

Banking in Nigeria

DEFINITION OF ELECTRONIC BANKING The term electronic banking means all day access to cash through an Automated teller machine or direct deposit of pay checks into checking or savings account. But electronic banking involves many different types of transactions, rights, responsibilities and sometimes, fees. Electronic banking can also be defined in a very simple form, … Read more

Overview of determinant of Bank Islam profitability in Malaysia

Bank Islam Malaysia Berhad is an Islamic bank which operate in Malaysia. It has been in operation since July 1983. Bank Islam was established primarily to assist the financial needs of the country’s Muslim population, and extended its services to the broader population. The bank currently provides Shariah-compliant card services and mobile banking, in addition … Read more

Pros and cons of future contracts

Pros: Offset the risk exposures The main reason that companies or corporations use future contracts is to offset their risk exposures and limit themselves from any fluctuations in price. The ultimate goal of an investor using futures contracts to hedge is to perfectly offset their risk. In real life, however, this is often impossible and, … Read more

Offshore transfer of Indian Assets

The Delhi High Court, in a path breaking pronouncement recently, held that the profits arising from the sale of shares of overseas entities which derive a majority of their value from Indian assets shall fall beyond the scope of taxation under the Indian taxation laws. The High Court, while delivering its watershed judgment on taxation … Read more

Earnings management in Dutch hospitals

LIST OF ABBREVIATIONS CEO(s) – Chief Executive Officer(s) DTC(s) – Diagnosis Treatment Combination(s) DRG(s) – Diagnosis Related Group(s) NZa – Dutch Healthcare Authority (in Dutch, Nederlandse Zorgautoriteit) PPS – Prospective Payment System DOT – DTCs on their way to transparency (in Dutch, DBCs op weg naar transparantie) GAAP – Generally Accepted Accounting Principles ‘ LITERATURE … Read more

Essays: The State Bank of India (SBI) products

INTRODUCTION State Bank of India (SBI), with a 200 year history, is the greatest business bank in India the extent that assets, stores, advantages, appendages, customers and delegates. The Government of India is the single greatest shareholder of this Fortune 500 component with 61.58% proprietorship. SBI is situated 60th in the rundown of Top 1000 … Read more

TSB

TSB, based in London, became Britain’s 7th-largest lender after being spun-off its parent company (Lloyds Banking Group) in June of 2014. Lloyds was forced to offload 631 branches to comply with European Union state aid settlement as a condition of the government bailout that amounted to 20 billion pounds during the banking crisis. Moreover, TSB … Read more

Activity based costing

Companies are always looking to find a way to decrease cost and maximize profits. There are many ways for companies to cost the way they do things. Activity based costing is just one of those ways. Activity based costing is an accounting method that identifies all activities and the costs associated with these activities; it … Read more

The financial collapse of 2008

The warning details the collapse of the financial system of America in 2008. It was not a collapse that happened overnight, but a series of unregulated actions by investors, bankers and government officials that aided and increased the likelihood of the collapse through their purposeful actions of dereliction of duty, greed, personal agendas coupled with … Read more

Research proposal: The efficiency of stockbroking companies in Indonesia

1.1 INTRODUCTION 1.1.1 SHARE Share a wealth channel capital providers of the most popular and it is a sign of the participation of individuals or a company. Share issue also is the selection of a company when the company needs capital or funding to launch a business. Stocks are investments that greatly favored by investors … Read more

Financial statement analysis

Some of the advantages of financial statement analysis are: 1. Based on financial statement analysis of a firm, investors may make investing decisions pertaining to the firm. 2. Various regulatory authorities like SEBI, IASB, etc. may analysis financial statements of the firm to ascertain whether the firm in following accounting and financial reporting standards required … Read more

Monetary transmission

The monetary transmission mechanism involves 2 sections, it describes how the changes in the financial sector leads to a change in the aggregate demand, real GDP and the price level. (P??tursson, 2001) The monetary transmission mechanism consists of 4 different channels; they are the interest rate channel, credit channel, exchange rate channel and expectation channel. … Read more

Risk Management Framework of Islamic Financial System

A’Long Term Objective of Develop Islamic Financial System 1. Improve legal framework and develop shariah governance 2. Diversify islamic capital market 3. Broden Islamic financial intermediation. B. Long Term Plan of Develop Islamic Financial System Develop Real-estate Finance Islamic banks are heavily involved in all aspects of real-estate financing, from residential mortgages to the finance … Read more

Foreign investors

Foreign investors are attracted in search of new opportunities for earning profit. Foreign investment simply refers to a controlling ownership in a business enterprise in one country by an entity based in another country. ‘Coca-Cola came to Nigeria in 1953’ (DoubleGist, 2013). Ever since then the Coca-Cola industry has been making waves in Nigeria. ‘ … Read more