Category: Finance Essay Examples
The impact of Multinational Adoption of ERP Systems on a Centralised Accounts Payable Department
CHAPTER 1: Introduction The aim of this chapter is to provide an overview of the proposed research project, the research approach, research methodology and also to provide an overall framework for the research topic.
Fortune 500
Introduction Choose a Fortune 500 organisation operating in the UK which you will use as a basis for all your answers for this assignment. It may be a company which you work for or one you would like to work for or an organisation you are familiar with. Name your chosen organisation. Briefly […]
The Value of Accounting Disclosure in UK Capital Market
Abstract This study is focused on identifying the value of accounting disclosure in the UK capital market, citing the relationship between market capitalisation and money raised of 50 selected LSE-listed companies. The data of these companies are obtained from the database of the London Stock Exchange website. Non-probability sampling is adopted in selecting these companies […]
The financial and operational consequences of a merger: AOL and Time Warner
INTRODUCTION WHY MERGER AND ACQUISITION? During the economic downturn in 2008 and 2009, companies pile on cash as it was considered the safe option due to the continuous decline in stock and equities. After the downturn, with all the cash on hand combined with a record low interest and lending rates, companies started to look […]
The impact of tariff barriers on the importing economy.
INTRODUCTION Tariff refers to the import duty or tax levied by the domestic government on imported goods (Anderson 1995). Just like the sales tax, tariffs are normally levied as a percentage of the total value of imported goods. However, unlike the sales tax, tariffs differ from one product to another and do not apply to […]
Evaluation of the UK Tax System and the Proposals of the Mirrlees Review
Abstract The first part of this paper assesses the canons of taxation, generally acknowledged as the benchmark for good tax systems, in order to determine its critical elements and to evaluate the extent to which the taxation system for small businesses in the UK conforms to its principles. According to the classical suggestion by Adam […]
An appraisal of UK’s opposition to the proposed EU FTT
Introduction The European financial transaction tax (FTT) is a proposal by the European Commission expected to be introduced in 2014, covering the 27 states, member of the EU. This tax is intended to cover financial transactions between financial institutions, with proposed charges against exchange of shares and bonds, and derivative contracts.[1] The tax is expected […]
Nigerian Politics and Oil: The Impact of the ‘Resource Curse’ on Governance in Nigeria
1. Introduction 1.1 Overview and Research Question Since the 1980’s consumption of oil and gas (‘non-renewable natural resources, or NRNR) has increased, with prices also increasing steadily. The world demand for energy is predicted to rise by up to 50% over the next 25 years, with the bulk of demand coming from emerging economies. Most […]
Islamic Banking In Saudi Arabia
INTRODUCTION: INTRODUCTION TO ISLAMIC BANKING: GENERAL OVERVIEW: It has been conceptualized that Islamic Banking refers to a financial system that is in parity with the fundamental Islamic concepts and highlight the values prevalent in the religion of Islam. These values are a pre-defined in a code of conduct called the Shariah Law that governs the […]
Capital structure and stock market returns
EXECUTIVE SUMMARY The major aim of this paper is to test the Modigliani and Miller (1958) theorem on capital structure and stock market returns. Existing empirical evidence has proved inconclusive regarding the nature of the relationship between both factors. Several theorists claim that the higher the level of debt, the higher the stock market returns […]
Critical analysis of the causes, effects of financial deregulation, occurrences, and effects on financial regulation
1. INTRODUCTION The financial industry encompassing banking, financial services and insurance companies play a very important role in the economy of any nation, and are therefore important in ensuring liquidity in the economy. They are strategically positioned to accept savings from customers, and provide loans to consumers and businesses for a reasonable profit. Their importance […]
The effects of the economic crisis on RBS Group and NatWest
1. INTRODUCTION The need for banks and financial institutions to grow beyond their normal businesses of accepting deposits and providing loans, into global giants that are diverse and often engage in sophisticated practices has been embedded as the pure nature of capitalism and market liberalisation. In the most recent decade, most global economies and organizations […]
Economics and the Premier League – Literature Review
1. LITERATURE REVIEW A. PROFITABILITY AND THE PREMIER LEAGUE According to Morrow (2003), the business operations of British football clubs are unconventional. Even though they are limited liability companies, operating within similar legal and governance frameworks to other profit led businesses, they still exist within a different context emotionally and socially. Barros and Garcia (2008) […]
The Determinants of the High Prices of Gold
1. Introduction Investors become overly optimistic about investing in precious metals such as gold and platinum when price levels become high or when the economy is suffering from uncertainties. In recent years, interest rates have fallen drastically. In addition, the world is still struggling to revive from the recent global financial crisis, which has created […]
Economic Analysis of Asset Prices
Introduction The most recent economic crisis, from which the global economy is still reeling, started in 2007, approximately one year after the ‘sub-prime’ housing market in America buckled under its own weight, putting pressure on the financial markets across the world. This economic crisis, argued to be the worst financial crisis since the Great Depression […]
Discuss and Analyse the effects of Trade Openness on the Political Power of Individual States
1. Introduction This paper aims to discuss and analyse the effects of trade openness (globalization, free trade and international trade organizations) on the political power of individual states by comparing the global globalization phenomena with Stephen Krasner’s realist view of the loss of state political power following trade openness. Has the opening up of borders […]
Impact of Recession on Gold Prices
1 METHODOLOGY The main aim of this study is to investigate the impact of recessions on gold prices. Several empirical findings have been published that assert that gold is usually a safe haven during recessions, and as a result, when the economy goes down, gold prices turn up. According to Saunders et al (2009), the […]
FDI & Benefits to the Developing Economies
INTRODUCTION Among the different forms of capital flows, Foreign Direct Investment (FDI) has attracted greater attention amongst the academics and policymakers. This is due to its many benefits and its importance in the world economy in comparison to the other forms of capital flows (Brooks et al. 2003). FDI has in the recent years been […]
Gold prices recession: A critique of Starr & Tran (2008)
1. Introduction / Summary The following presents a critique of a paper by Starr and Tran (2008), ‘Determinants of the Physical Demand for Gold: Evidence from Panel Data’, which, as the title suggests, looks at the factors which impact upon demand for gold in its physical form: “jewellery, bars, coins and medallions” (Starr and Tran […]
Employing an Econometric model, examine the Rise of Gold
1. Introduction Precious metals, such as gold and platinum, have often been considered attractive assets for portfolio investment, especially during times of rising inflation and global economic and political instability. Of the two, gold has received special emphasis given its role during the Gold Standard and its comparative value which rose to a local peak […]
