Search results for "ACCOUNTING"
showing 10 items of 1961 documents
The Uncertain Role of Banks’ Corporate Governance in Systemic Risk Regulation
2011
This paper examines how corporate governance reform of banks relates to systemic risk. Although there has been substantial emphasis on the importance of corporate governance of banks, it is not entirely clear how this enterprise relates to the goal of financial stability. The first part of the paper differentiates between kinds of risk that arise from the structure of the firm, such as shareholder ownership, limited liability and the separation between control and ownership, and kinds of risk that arise from interactions at the systemic level. It highlights why the risk-taking of banks presents, in many respects, a special case not only because of the structure of their business but also becau…
Shareholder Wealth Effects of Women on Boards Promoting Policies: Evidence from Germany
2017
This study discusses differences in the effectiveness of voluntary and mandatory policies promoting women on boards and their potential effects on stock price returns. Furthermore, it classifies the announcements of the policy proposals discussed in Germany and analyzes their impact using event study methodology. The event date identification follows a two-step procedure employing search engine query data from GoogleTrends and traditional search methods using Lexis-Nexis and newspapers. One key event produces negative significant cumulative abnormal stock returns (CAR) of approximately 1.3 percentage points. Further regression analysis of the CAR reveals that the share of women on the super…
Meaningful learning in business through serious games
2017
Purpose: The requirements of a business executive include the talent and creativity to solve problems and adapt to continuous changes presented by the economic and social environment. However, the university does not often prepare students in these skills. Businesses simulations are didactic tools in which participants assume a role and make decisions which affect the results of the company. This paper aims to provide empirical evidence on the effectiveness of business simulations in university teaching. Design/methodology: We have implemented business simulations in a course in the College of Economics at the University of Valencia, during the 2015-2016 academic year. Questionnaires were u…
A Generalisation of the Mean-Variance Analysis
2009
In this paper we consider a decision maker whose utility function has a kink at the reference point with different functions below and above this reference point. We also suppose that the decision maker generally distorts the objective probabilities. First we show that the expected utility function of this decision maker can be approximated by a function of mean and partial moments of distribution. This ‘mean-partial moments’ utility generalises not only mean-variance utility of Tobin and Markowitz, but also mean-semivariance utility of Markowitz. Then, in the spirit of Arrow and Pratt, we derive an expression for a risk premium when risk is small. Our analysis shows that a decision maker i…
A Bibliometric history of the Journal of Psychology between 1936 and 2015
2018
© 2018 Taylor & Francis Group, LLC. The Journal of Psychology: Interdisciplinary and Applied is a leading international journal in psychology dating back to 1935. This study examines its publications since its creation utilizing a bibliometric analysis. The primary objective is to provide a complete overview of the key factors affecting the journal. This analysis includes such key issues as the publication and citation structure of the journal, its most cited articles, and the leading authors, institutions, and countries referenced in the journal. The work uses the Scopus database to classify the bibliographic material. Additionally, the analysis provides a graphical mapping of the bibliogr…
Does the Implicit Association Test for assessing anxiety measure trait and state variance?
2004
The stability of the Implicit Association Test for assessing anxiety (IAT‐Anxiety) is lower than its internal consistency, indicating that the IAT‐Anxiety measures both stable and occasion‐specific variance. This suggests that the IAT‐Anxiety may be not only a valid measure of trait anxiety but also one of state anxiety. To test this assumption, two studies were conducted in which state anxiety was experimentally induced by a public speaking task. However, both studies showed that the IAT‐Anxiety score did not change when a state of anxiety was induced. Thus, it seems that occasion‐specific factors other than variations in state anxiety lead to occasion‐specific variance in the IAT‐Anxiety…
European Banking System - Before and After Brexit -
2021
Abstract The history of the last 15 years has been marked by many events at European level, some which led to the last wave of EU enlargement in 2013, with the accession of Croatia, others that led European authorities to take radical action in order to overcome the crisis of 2007-2008, and recently the pandemic crisis of 2020, and the others that marked the first contraction of the European Union since its establishment, together with the decision of Great Britain to no longer be part of the European Union, a phenomenon known as Brexit. Starting from the important role that Great Britain played in the European Union, London being a famous financial and banking center, through this paper we…
Who is the Perfect Match?
2018
Abstract Using digital tools for teaching allows to unburden teachers from organizational load and even provides qualitative improvements that are not achieved in traditional teaching. Algorithmically supported learning group formation aims at optimizing group composition so that each learner can achieve his or her maximum learning gain and learning groups stay stable and productive. Selecting and weighting relevant criteria for learning group formation is an interdisciplinary challenge. This contribution presents the status quo of algorithmic approaches and respective criteria for learning group formation. Based on this theoretical foundation, we describe an empirical study that investigat…
Romania and the Big Challenge of Implementing the Europe 2020 Strategy
2017
Abstract The evolution and evolvement of the Europe 2020 strategy in each country are subjects, which should interest all European citizens. The investigation on this subject stems from two issues: firstly, the importance of knowing the direction in which Europe is going in the future, and, secondly the wish to assess whether this is the right direction. Unfortunately, due to several possible obstacles, such as level of development, not all countries have the ability to achieve performance in all fields. Romania, just like many other countries, is one example. Being one of the least developed countries, reaching success in implementing the Europe 2020 strategy is, for Romania, a difficult m…
The Triple Layered Business Model Canvas Meets the Beekeeping Sector. General and Particular Considerations from the Romanian Industry
2020
Abstract Today, sustainability has been clearly recognized as a necessity at global level by many, and the role of the business environment as a contributor in ensuring sustainability has become more and more acknowledged lately. Several efforts undertaken in this direction were focused on obtaining higher life quality levels and long-term benefits through businesses’ actions. Exploring and understanding agri-businesses from a managerial perspective becomes necessary due to sector’s particularities, but also to the fact that they are generally small enterprises, deeply embedded into their local communities. Beekeeping, as an agricultural branch, has indispensable contributions at societal a…