Asset composition

Management of financial institution: Lecture 18. The main topics covered in this chapter include: role of commercial banks; asset composition; bank management; banking sector reforms; privatization of nationalized commercial banks; corporate governance; capital strengthening;... Please refer to the content of document.

45p tieuvulinhhoa 22-09-2022 2 1   Download

The results show that there was a significant relationship between board gender diversity and firm performance from our samples CAC 40 companies. In addition, we find significant negative impact of leverage on the financial performance for CAC 40 firms.

12p kelseynguyen 26-05-2020 19 1   Download

The selection of optimal portfolios is the central problem of financial investment decisions. Mathematically speaking, portfolio selection refers to the formulation of an objective function that determines the weights of the portfolio invested in each asset as to maximize return and minimize risk. This paper applies the method of genetic algorithm (GA) to obtain an optimal portfolio selection. However, the GA parameters are of great importance in the procedure of convergence of this algorithm towards the optimal solution such as crossover.

12p nguyenminhlong19 21-04-2020 23 1   Download

This paper analyzes the firm level determinants of the financing sources composition of working capital and fixed asset investments of Turkish SMEs with a system of equations approach. Using the cross-sectional data set of 1,278 SMEs for year 2013, we find that larger firms and firms that have an internationally recognized quality certification finance a lower proportion of their working capital with internal funds. The proportion of working capital that is financed with bank loans is higher for these firms.

12p trinhthamhodang2 21-01-2020 83 0   Download

The goal of this short paper is to provide evidence on how investment companies have changed the composition of their balance sheets across the recent financial crisis. For a large sample of United States brokers/dealers and asset managers, we analyze the information reported in the filings to the Securities and Exchange Commission (SEC). We observe that, the firms in the sample have shrunk the size of their assets through de-leveraging. The crisis though, has not induced firms to change substantially their financing structures.

15p trinhthamhodang2 21-01-2020 23 2   Download

Under the framework of overshooting model and portfolio balance theory, this paper analyses the short-term spillover effect of Fed’s QE on asset prices in China. Policy shocks "overall events" have a significant impact on China's financial market. China's debt full price index, Shanghai-Shenzhen 300 and Nan-Hua Futures Composite Index have increased significantly, while the "single event" issuance has no notable impact.

22p chauchaungayxua2 19-01-2020 17 2   Download

This paper develops an index of bank stability for 66 commercial banks operating in the Indian banking industry for the period 2007/08-2016/17. An index is obtained by combining five dimensions, namely capital adequacy, asset quality, management efficiency, earning capacity and liquidity. The choice of dimensions is derived from the CAMEL framework as defined by the Reserve Bank of India, which is the modus operandi for measurement of banking stability. The aggregation of dimensions is done using the weights calculated by employing PCA approach.

1p chauchaungayxua2 19-01-2020 32 1   Download

Chapter 18 - Accounting and reporting for private not-for-profit entities. In this chapter, you will learn: Understand the basic composition of the financial statements produced for a private not-for-profit organization; determine the proper classification for assets that are unrestricted, temporarily restricted, or permanently restricted and explain the method of reporting these categories; explain the purpose and the construction of a statement of functional expenses;...

16p dien_vi01 21-11-2018 17 1   Download

Chapter 17 - Mutual funds and hedge funds. This chapter presented an overview of the mutual fund industry. Mutual funds pool funds from individuals and corporations and invest in diversified asset portfolios. The chapter also discussed the two major categories of mutual funds-short-term and long-term open-end funds highlighting the differences in their growth rates and the composition of their assets.

20p trueorfalse9 04-10-2017 50 3   Download

Chapter 18 - Accounting and reporting for private not-for-profit entities. In this chapter, you will learn: Understand the basic composition of the financial statements produced for a private not-for-profit organization; determine the proper classification for assets that are unrestricted, temporarily restricted, or permanently restricted and explain the method of reporting these categories; explain the purpose and the construction of a statement of functional expenses.

16p luimotbuoc_4 11-11-2016 46 2   Download

One of the most fundamental Dodd-Frank changes affecting private funds is the elimination of the “private advisers” exemption from registration with the SEC as an investment adviser (also known as the “15-client” exemp- tion). In its place, Dodd-Frank created several new, but less comprehensive, exemptions, with the result that most U.S. fund managers with $150 million or more in assets under management will need to register with the SEC, and most fund managers that also have non-fund clients (such as separately managed accounts) will need to reg- ister with the SEC or a state.

17p hongphuocidol 04-04-2013 47 8   Download

In addition, the modified IA report contains a clearer description of the key features that distinguish a social investment funds from the wider category of alternative investment funds. In line with the IABs request, the report clarifies that the essential features of a social investment fund are linked to the social undertakings it targets, the composition of its portfolio (at least 70% of investor capital invested in qualifying target undertakings) and the investment tools it employs (equity, quasi-equity, debt instruments but no leverage).

0p khanhchilam 29-03-2013 50 9   Download

The purpose of environmental-economic accounting is to supplement the conventional national accounts (UN SNA 2008) with tables which inform policymakers of environmental and natural resource availability, use, depletion and degradation.

63p bin_pham 06-02-2013 54 3   Download

The ecosystem accounting framework presented here is being tested in the context of an open Europe taking stock of its relations to the rest of the world. Because ecosystem accounts are deep-rooted into monitoring databases, implementation presently focuses on physical accounts. Monetary valuations, the adjustment of national accounts aggregates for income and final consumption, and the calculation of ecological debts, are foreseen in subsequent steps within the same logical framework.

45p bin_pham 06-02-2013 54 6   Download

Since the swap counterparty is typically the bank also acting as ETF provider, investors may be exposed if the bank defaults 6 . Therefore, problems at those banks that are most active in swap-based ETFs may constitute a powerful source of contagion and systemic risk. In addition, the incentives behind the creation of synthetic ETFs may not be aligned along the ETF chain, especially as conflicts of interest can arise from the dual role of some banks as ETF provider and derivative counterparty7 .

11p doipassword 01-02-2013 38 3   Download

Interest income is the most important source of revenue for most of the banks. The aim of this paper is to assess the impact of dierent interest rate scenarios on the banks' interest income. As we do not know the interest rate sensitivity of real banks, we construct for each bank a portfolio with a similar composition of its assets and liabilities, called 'tracking bank'. We evaluate the eect of 260 historical interest rate shocks on the tracking banks of German savings banks and cooperative banks.

0p taisaovanchuavo 23-01-2013 49 7   Download

All coefficients are statistically significant at the one percent level, except for collateral, which is significant at the 10 percent level. All coefficients have the same sign as in the standard regressions of Rajan and Zingales (1995), Frank and Goyal (2004) and as in our leverage regression using a sample of the largest firms (except the market to book ratio, which is insignificant for the market leverage of those firm). Banks’ leverage depends positively on size and collateral, and negatively on the market-to-book ratio, profits and dividends.

41p enterroi 02-02-2013 68 5   Download

The field of LRSPs cited by the second highest number of respondents was, broadly speaking, asset identification/categorisation. This includes, for example, the designation of permissible investments and/or required investments for mutual funds as well as the establishment of, and exceptions to, investment concentration limits for particular types of assets. In most cases, member jurisdictions reported that credit ratings were used in both the banking and securities sectors.

38p enterroi 01-02-2013 50 5   Download

Reforming and liberalizing financial markets began in the wake of the country’s 1991 balance-of payments crisis. The thrust of these reforms was to promote a diversified, efficient and competitive financial system, with the ultimate objective of improving the allocation of resources through operational flexibility, improved financial viability, and institutional strengthening. The pace of reform was, however, slower than those in product markets, partly because the introduction of stricte prudential controls on banks revealed significant problems in asset portfolios.

55p enter1cai 16-01-2013 24 2   Download

Monetary policy in advanced economies, implemented through very low interest rates and large-scale asset purchases, has led to concerns in emerging markets about a surge in global liquidity. The main worry is that monetary ease in the major currencies could amplify capital flows into emerging market economies when risk is “on” and capital outflows when risk is “off”. Concerns arise about the risk that capital inflows might ease monetary conditions or that outflows might destabilise the financial system. International credit thus raises both monetary and financial stability issues....

12p enter1cai 12-01-2013 44 2   Download