DETERMINANTS OF VALUE ADDED TAX REVENUE IN NIGERIA

ABSTRACT This study investigated the determinants of VAT revenue in Nigeria. This study used consumption cost, Gross Domestic Product, Household cost and international trade values collected from the Central Bank of Nigeria Statistical Bulletin from 1994-2014 . The time series data was analysed using the Error Correction Model (ECM) method of analysis with the aid … Read more

Banking capital – Islamic banking

The banking industry is one of the business units that need to be managed properly and yet still refers to the rules set by the regulator. At the end of the estuary of the banking business, both conventional and Islamic banks must perform well as a company, and the important thing in this industry is … Read more

Risk and expected return

2.1. Introduction This chapter presents the theories that have been developed and established to give details about the relationship between risk and expected return .Moreover, it presents the historical development of the asset pricing models, the assumptions and development of CAPM, arbitrage pricing theory, three-factor model, four factor model, and the impact of aggregate volatility … Read more

Bank Rakyat

Company background Under the Cooperative Ordinance 1948, Bank Rakyat was established on 28 September 1954. Nowadays, the biggest Islamic cooperative in Malaysia is Bank Rakyat with assets totaling RM89.18 billion as at end of December 2014 The transformation in 2002 of the Bank from a conventional banking system to a banking system based on Syariah … Read more

Microfinance

1. Background of microfinance Microfinance consists of the provision of financial services in small increments, typically to very poor people. 1.1. History The beginnings of the microfinance movement are most closely associated with the early 1970’s and economist Muhammed Yunus, who was a professor in Bangladesh. Bangladesh was a very poor country at the time … Read more

Assets under management

Assets under management (AUM) is the total [market value] of assets that an [investment company] or financial institution manages on behalf of investors. There are many assets under management definitions. Some financial institutions include [bank deposits], [mutual funds] and cash in their calculations; others limit it [to funds] under discretionary management, where the investor assigns … Read more

Islamic finance and Islamic banking

Introduction The term Finance deals with the study of investments and money management. It deals with assets and liabilities under varied degree of risk and uncertainty. The most crucial point in the finance is the time preference, depicts the change in the currency rate over a period of time. Finance targets on the price assets … Read more

Internship – banking – MCB

The report is all about the internship work on MCB. In this report I discuss all the important features of bank that I observed during this internship period. The report basically exposes the rights of bank from incorporation to present situation along with its policies, procedures and processes. MCB came into being in 1947 and … Read more

THE IMPACT OF DIVIDEND POLICY ON SHARE PRICE VOLATILITY

MALAYSIAN CONSTRUCTION AND MATERIAL COMPANY ‘ CHAPTER 1 1.0 INTRODUCTION Dividend policy remains a source of controversy despite years of theoretical and empirical research, including one aspect of dividend policy, the linkage between dividend policy and stock price risk (Allen and Rachim,1996). Paying large dividends reduces risk and thus influence stock price (Gordon, 1963) and … Read more

Development of the Chinese microfinance company process

Abstract Purpose of the dissertation This dissertation sought to assess the development of the Chinese microfinance company process and the future prospects. More so, the study analyzed the relationship between the microfinance institutions and the market. Methodology used in the study The study was conducted in three main stages: the study presented the current microfinance … Read more

MOTILAL OSWAL SECURITIES LIMITED

EXECUTIVE SUMMARY There are few points that everybody agrees upon in this world. The stock market irregularity is certainly one of them. Even people with several years of experience are not always able to track the stock market dynamics, thus falling target to defective decisions. Now a day there is a tough competition in financial … Read more

Islamic banking

Islamic banks conform to the tradition that must be adhered to (jurisdiction) and Islamic Law (shariah). The fundamental point of Islam is to guide human advancement along the right lines and in the right bearing. Islam manages all parts of monetary improvement, yet dependably in the structure of aggregate human advancement and never in a … Read more

Price of gold – global gold market

INTRODUCTION 1.1 Background of Study The global gold market has recently attracted a lot of attention and the price of gold is relatively higher than its historical trend. In 2008 and early 2009 most metal prices fell and the global economy was in recession. Many mining companies had difficulties surviving during this period. Some reduced … Read more