Search results for "InVEST"
showing 10 items of 2596 documents
Clusters of Traders in Financial Markets
2020
In this chapter we discuss Aoki’s work on the description of clusters of economic agents acting in a market. Specifically, we briefly discuss his work on the Ewens distribution and its application in a model of stock market with heterogeneous agents. We then review recent empirical analyses on the heterogeneity of financial market participants and make a working hypothesis for an empirical study on the distribution of the number of clusters of market participants in a real stock market monitored with a resolution down to the shadowed identity of market participants.
Interest rate changes and stock returns in Spain: A wavelet analysis
2015
This paper investigates the relationship between changes in interest rates and the Spanish stock market at the industry level over the period from January 1993 to December 2012 using a wavelet-based approach. The empirical results indicate that Spanish industries exhibit, in general, a significant interest rate sensitivity, although the degree of interest rate exposure differs considerably across industries and depending on the time horizon under consideration. In particular, regulated industries such as Utilities, highly indebted industries such as Real Estate, Utilities or Technology and Telecommunications, and the Banking industry emerge as the most vulnerable to interest rates. Further,…
Banca ética y banca cooperativa. Un análisis comparativo a través del estudio de Caixa Popular y de Fiare Banca Ética
2017
Los bancos sociales representan en la actualidad una alternativa a la banca convencional, sobre todo para aquellos clientes que demandan un consumo socialmente responsable. La banca social está formada por dos tipos diferentes de entidades de crédito: los bancos cooperativos y los bancos éticos. Los primeros desarrollan su actividad desde hace ya más de un siglo a través de un modelo de banca de proximidad enfocada al territorio. Los segundos llevan tres décadas aproximadamente de funcionamiento, dirigiéndose a la realización de inversiones socialmente responsables (proyectos sociales y medioambientales). En el presente trabajo se analizan las similitudes y diferencias entre ambos modelos d…
Projekts: Nekustamā īpašuma pārvaldes un apsaimniekošanas uzņēmuma SIA Matīsa Nami izveide
2020
Maģistra darba mērķis ir izstrādāt jaundibināta uzņēmuma biznesa plānu. Darba mērķis bija izveidot nekustamā īpašuma pārvaldīšanas un apsaimniekošanas uzņēmumu, kas sākotnēji nodarbosies ar sev piederoša nekustamā īpašuma izīrēšanu un apsaimniekošanu, bet attīstoties uzņēmējdarbībai un gūstot sava veida atpazīstamību un uzticību klientu lokā, uzņēmums plāno piedāvāt nekustamā īpašuma apsaimniekošanas pakalpojumus uz līguma pamata citiem īpašumiem Rīgā un Pierīgā. Uzņēmuma komercsabiedrības forma būs sabiedrība ar ierobežotu atbildību. Uzņēmuma pamatkapitāls būs 320 000 eiro, kas sadalīts 320 daļās. Pamatkapitālā tiks veikti gan mantiskie, gan naudas līdzekļu ieguldījumi. Izstrādājot projekt…
Projekts: Uzņēmuma "Jumis Finances" dibināšana
2017
Maģistra darba mērķis ir izstrādāt jauna uzņēmuma dibināšanas plānu un biznesa plānu trim darbības gadiem. Maģistra darba gaitā darba autors izstrādāja un novērtēja izveidojamā uzņēmuma „Jumis Finances” dibināšanas plānu un biznesa plānu trim pirmajiem darbības gadiem. Projekta mērķis – dibināt neatkarīgu uzņēmumu, kas nodarbosies ar vērtspapīru individuālu portfeļu izstrādi un konsultāciju sniegšanu. Darbs izklāstīts uz 101 lapām un iekļauj izmantotās literatūras un citu informācijas avotu 46 nosaukumus, 26 tabulas, un17 attēlus. Darba pētīšanas metodes: statistiskā analīze, grafiskā analīze, vertikāla analīze, SVID analīze, riska matrica.
Strategies for Heading Off is Project Failure
2000
Although investment in information technology and information systems continues to increase, projects continue to fail. As a result, IS projects, particularly software projects, are perceived as high risk. By categorizing types of risk, this article helps IS professionals and all project sponsors to identify classes of risk and choose the appropriate managerial behavior to mitigate each of them.
Conclusioni
2013
I termini fiscalità di vantaggio, fiscalità compensativa o di sviluppo, vengono utilizzati spesso con una superficialità tale da essere percepiti quasi come una soluzione per lo sviluppo che rappresenti una via di fuga, [...] In realtà non è così.
A Simultaneous Approach for IMS Design: a Possibility Based Approach
1999
IMS investments are characterised by high fixed costs and long life cycles. On the other hand, their redditivity and risk coverage depend on their manufacturing efficiency that is mainly defined during the design phase by fixing the system configuration. Due to the flexibility required to IMS, system configuration depends not only from technological information, such as product routing table and service times, but also from marketing data such as the typology of products to be manufacture and their production volumes. Moreover, the evaluation of the redditivity and the risk of the investment depends on market information such as product prices as well. Such interdependencies make the invest…
Incentive System Design Based on Accrual Accounting: A Summary and Analysis
2009
ABSTRACT: This paper provides a formal analysis on how to design accrual-based incentive systems so that a manager's and owner's interests are properly aligned. We introduce a general framework to summarize the literature, provide various extensions to it, and point to some of its limitations. We characterize the entire class of goal-congruent and preference-similar incentive systems when the owner has perfect as well as imperfect information about the manager's preferences. This allows us to show how compensation functions and performance measures are interrelated and to demonstrate what information should be incorporated into compensation functions and performance measures. We illustrate …
To lead or to wait? An application to internationalization strategies under demand uncertainty
2019
We examine the exports versus foreign direct investment (FDI) decision under demand uncertainty for an asymmetric cost duopoly. One of the firms can lead entry before demand realization or retain flexibility enjoying an informational advantage. When the time value of information is small and for sufficiently low investment costs, follow‐the‐leader behavior in FDI arises. Relatively high investment (fixed) costs result in follow‐the‐leader exporting behavior. When the time value of information becomes significant, the potential leader will opt for a wait‐and‐see strategy. For intermediate values of investment costs, the efficient firm invests, while the rival chooses to export.