Search results for " asset"
showing 10 items of 187 documents
Scenario optimization asset and liability modelling for individual investors
2006
We develop a scenario optimization model for asset and liability management of individual investors. The individual has a given level of initial wealth and a target goal to be reached within some time horizon. The individual must determine an asset allocation strategy so that the portfolio growth rate will be sufficient to reach the target. A scenario optimization model is formulated which maximizes the upside potential of the portfolio, with limits on the downside risk. Both upside and downside are measured vis- `a-vis the goal. The stochastic behavior of asset returns is captured through bootstrap simulation, and the simulation is embedded in the model to determine the optimal portfolio. …
Architettura per il terzo fragile. I patrimoni di Pizzo Sella fra riuso sociale, sostenibilità civica e giustizia spaziale
2022
Il territorio palermitano è il primo in Europa per presenza di beni confiscati. I casi sono diverse migliaia e compongono una realtà emblematica rispetto ai fattori di fragilità sociali e spaziali dei ter-ritori contesi fra crimine e giustizia, in cui spicca la vicenda iconica e irrisolta di Pizzo Sella. La ricerca di cui quest’articolo restituisce alcuni risultati indaga quindi il rapporto fra la produzio-ne dell’architettura della res publica e i contesti in cui il concetto di Pubblico è in panne, in cui la diversione dalla legge e l’antagonismo esercitato da forze illegali non sono un’aberrazione tempora-nea, ma la regola, e lasciano tracce materiali sui modi di produzione delle forme co…
Cap Rate as the Interpretative Variable of the Urban Real Estate Capital Asset: A Comparison of Different Sub‐Market Definitions in Palermo, Italy
2017
Real estate capital is in constant competition with other capital assets due to its different and complementary economic functions such as direct use, productive investment, and speculative investment. These features and the resulting opportunities cannot be easily deduced from direct observation of the real estate markets, so some further insights need to be carried out in order to highlight the relationship between prices, rents and performances. This study aims at providing a multifaceted perspective of a specific urban real estate market to overcome the difficulties arising from opacities and informative asymmetries that hinder the decision of investors, by facilitating the comparison o…
Top management team demography and firm operating performance: a path analysis
2020
PurposeThis paper examined the relationship between TMT demographic properties and firm performance using diversity and level variables and measuring differing constructs of firm performance representing divergent strategies.Design/methodology/approachStructural equation modelling was used to test the relationships between TMT demographic properties and firm performance measured as return on net operating assets (RNOA), and its disaggregates profit margin (PM) and asset turnover (ATO). Data were from 89 Finnish firms during the years 2008–2011, resulting in 320 observations.FindingsTMT team tenure had associations with RNOA through both PM and ATO while TMT age, age diversity, firm tenure, …
Essential Oils as Natural Biocides in Conservation of Cultural Heritage
2020
Essential oils (EOs) have been known for a long time, and they are used in several fields such as medicine and aromatherapy, as well as in the food and pharmaceutical industries. In the last decade, EOs have also been applied to contrast the biodeterioration of cultural heritage, representing a powerful resource in green conservation strategies. In this study, an integrated approach based on microscopic observation, in vitro culture, and molecular investigation was preliminarily employed to identify biological systems colonizing wooden artworks. In order to contrast the biodeterioration processes induced by fungal colonization (Aspergillus flavus) or insect infestation (Anobium punctatum), …
Konsolidācija Aktīvu pārvaldīšanas nozarē un ietekme uz darbības procesiem
2018
Finanšu pakalpojumu vide neapšaubāmi ir ļoti mainīga un tuvākajos gados Aktīvu Pārvaldes nozarē būs nopietnas radikālās izmaiņas. Regulatori un tehnoloģijas attīstība veicina finansiālu sistēmu uz lielajām pārmaiņām. Pēdējos gados palielinājās ieguldījumu plūsma kompānijām, kas izmanto vienīgu apstrādes programmu, ar apkopoto datu analīzi. Tajā mākslīgais intelekts palīdz interpretēt finansiālo informāciju. Ar minētajām izmaiņām aktīvu pārvaldes dalībniekiem būs jāveido virkne jaunu analītisko rīku, jo cilvēki nebūs spējīgi apstrādāt visus datus patstāvīgi. Esošais cilvēka un mašīnas līdzsvars, turpinās noliekties vairāk un vairāk uz mašīnas pusēs, kamēr cilvēks gandrīz pilnīgi būs aizvieto…
Architettura per i beni confiscati : figure del progetto nei territori del conflitto fra democrazia e criminalità
2023
L’articolo affronta il rapporto fra città, territorio e democrazia a partire dai risultati di una ricerca internazionale, che ha indagato le forme peculiari di crisi del pubblico nei territori del conflitto fra Stato e criminalità mafiosa. Le domande di ricerca si situano in un quadro che intende il territorio come luogo elettivo per leggere le tracce costruite dal rapporto fra comunità e poteri illegali. Esse hanno posto la necessità di indagare l’insieme dei beni confiscati reclamando la necessità dell’intervento progettuale per le trasformazioni spaziali, linguistiche e simboliche senza le quali la loro transizione a beni pubblici non può dirsi pienamente compiuta. Riferiti al terr…
Evolution of Secondary Software Businesses: Understanding Industry Dynamics
2008
Primary software industry originates from IBM’s decision to unbundle software-related computer system development activities to external partners. This kind of outsourcing from an enterprise internal software development activity is a common means to start a new software business serving a vertical software market. It combines knowledge of the vertical market process with competence in software development. In this research, we present and analyze the key figures of the Finnish secondary software industry, in order to quantify its interaction with the primary software industry during the period of 2000–2003. On the basis of the empirical data, we present a model for evolution of a secondary…
Le relazioni tra le fasi della vita del prodotto e gli assetti strategici e strutturali delle imprese
2013
Conflitti tra azioni esecutive civili e sequestri disposti dal giudice penale
2016
Lo scritto esamina le conseguenza prodotte dai sequestri penali sul patrimonio responsabile del debitore, al fine di approfondire la posizione dei creditori, che vorrebbero sui beni oggetto di sequestro penale. The essay deal with the consequences of penal freezing of the debtor's asset, with regard of the creditors' right to seize the debtor's assets to satisfy their rights.