Finance

The study evaluates potential developments of manufacturing MSMEs in Bhandara District. The objective of the study is to study the various potentials in the district to developed manufacturing MSMEs and scope of development of MSMEs in the resign. Furthermore, study also evaluates the basic facilities and resources available in the district to develop manufacturing MSMEs. In the present study Bhandara District of Vidarbha region of Maharashtra state, India was selected as study area. In the present research, data was collected by following survey methodology. For the present study total 175 MSMEs (25 MSMEs from each Taluka) are selected randomly for generation of data. We find that MSME sector in district play a vital role for the development of the region. Also provide the ancillary products to the large industries. In addition to this study also focused on employment generation in the district due to MSMEs, government policies are favorable for the development of MSMEs in the district is also studied. However, there is scope of expansion of micro, small and medium scale industry near future. There is strong possibility of generation of employment opportunities in micro, small and medium scale industries.

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Free book available in PDF at this link

This book lifts the veil to identify the puppet masters behind the MK Ultra Mind Control shills that front the New World Disorder Dystopia. The usual suspects are named: Jeff Bezos, Mark Zuckerberg, Benjamin Netanyahu, Fake religious Patriarchs and a list of celebrities from Hollywood and other MK Ultra mind control realms.

Mergers in Kenya are being increasingly used for improving competitiveness of companies through gaining greater market share, broadening the portfolio to reduce business risk and capitalizing on economies of scale for strategic positioning. Specific objectives of the study was to; examining the effect of capital base on performance of merged insurance company, the relationship between competitiveness of mergers and performance, to establish the effect of expertise on performance of merging of insurance companies and to establish effect of synergy created on performance of insurance firms. This study adopted a descriptive survey design. The target population of the study was 400 with sample of 200 that was selected randomly from five departments of ICEA LION that deem to be more linked with the immediate operations of the merged company. The sampling frame of this study was derived from the database of the insurance regulatory authority which regulates and licenses insurance firms in Kenya. Stratified sampling and simple random sampling was used. Within each study unit (department) five strata was created, while simple random sampling was used to identify respondents from the department. A Likert scale questionnaire was used to gather primary information while a secondary data collection sheet was used for collecting secondary information. Information was sorted, coded and input into the statistical package for social sciences (SPSS) version 23.0 for production of graphs, tables, descriptive statistics and inferential statistics. Findings revealed that post-merger period of ICEA LION group recorded higher premiums and a larger market share leading to improved performance. The study concluded that capital base, competitionlevel, expertise acquired and synergy created are statistically significant in improving performance of ICEA LION group. The study recommends that the firm should put in place measures to improve on its focus on the customer satisfaction through marketing and coming up with customer oriented products so that they can improve their market share hence improved performance.

Farmers heavily depend on non institutional sources of credit due to frequent needs, inadequate availability of institutional credit, unnecessary delays, cumbersome procedure and improper practices adopted by institutional lending agencies. Provision of timely and adequate credit has been one of the major challenges for banks in India in dispensation of agricultural and rural credit to the farmers. Given the enormity of the credit requirements on the one hand and the vagaries of nature on the other, financing for agriculture has always been a gigantic task for banks. The access to institutional credit for a large number of farmers, particularly small/marginal farmers, continued to be a challenge to the banking industry. Realising the importance of enhancement of flow of credit to the rural sector and reduction of the dependence of farmers on non-institutional sources of credit, the KCC(Kisan Credit Card) scheme was started by the Government of India (GOI) in consultation with the RBI (Reserve Bank of India) and NABARD (National Bank for Agricultural and Rural Development) in August 1998 as an innovative credit delivery mechanism (ICDM) with the objective of providing adequate, timely or without any delay, cost effective and hassle free credit support to farmers. The scheme was implemented across the country in all the states and union territories by the public sector commercial banks, Regional Rural Banks (RRBs) and cooperative banks. The study explores about the Kisan Credit Cards (KCC) Issued by different agencies and its achievements in financial inclusion.

The financial system is the backbone of the economy, where the highly developed financial system facilitates economic development, leading to increased national income and standard of living.
This study aims at reading the Indian experience of reforming the financial system as one of the emerging economies that underwent a major transformation during the 1990s.  The paper concluded that India's
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المؤلف المرسل: بوزربخيرالدين، الإيميل: khiradine.bouzerb2013@yahoo.fr
relative success in developing the structure of the financial system, with some deficiencies to be addressed.
Key Words: Financial System, Economic Development, Banks, Narasimham Commission, Indian Economy.
Jel Classification Codes: F36، G21،  E42

The financial industry has witnessed the so-called “fintech revolution” in recent years. Due to the emergence of information technologies such as cloud computing, big data, blockchain and artificial intelligence, the landscape of the traditional financial industry has been largely transformed. The interplay between finance and technology has resulted in various new forms of financial services and products, like online P2P lending, digital-based banking, insurtech, bitcoin as well as the burgeoning mobile payment sector. Alipay, the mobile payment service arm of the Ant Financial Services Group (hereafter referred to as Ant Financial), is a perfect example to illustrate the ongoing fintech revolution and how it is disrupting the conventional retail banking model and payment industry. This article aims to introduce and analyse the world’s largest mobile payment system as well as some of the regulatory challenges it poses. It attempts to offer some guidance for legal practitioners in banking and finance, in particular, the multi-billion dollar fintech sector.

Key points:
- Backed by the e-commerce giant Alibaba, Alipay has become the world’s largest mobile payment system. Together with Wechat Pay, they dominate China’s $5.7trn mobile payment sector. Alipay has a presence in over 70 countries including the UK, US, Japan, South Korea and Australia.
- Due to the popularisation of mobile payment facilities, many Chinese cities have become a cashless (and cardless) society, as 40% of Chinese people carry almost no cash when going out.
- Alipay relies on the Quick Response code (or QR code) technology, in contrast to the Near Field Communication (NFC) adopted by competitors like Apple Pay.
- Mobile payments and fintech have provoked debate as to legal and regulatory issues such as the regulatory approval regime, data protection, fund security and fintech financing. Most recently, China has set up a unified clearing house for all mobile payment service providers to strengthen the industry supervision.

This is the RAW DATA for a neural network price prediction system to be utilized for the prediction of stock prices on US markets.  To date the performances are doing well.

I have experiemented with multiple architectures and now am attempting a 4 day swing trade prediction network that has its results included here.
so far:

Neural net 1= average portfolio error .4627%
Neural net 2= average portfolio error 1.7%
and
4 day swing trade neural net = average portfolio error of 4.84%

The Influence Of Dividend Yield, Dividend Payout Ratio, Firm Size, Long Term Debt, Earnings Volatility, Growth Asset, Trading Volume, And Managerial Ownership To Stock Price Volatility On Basic And Chemical Industry Listed In Indonesia Stock Exchange During Period 2010-2013
(Pengaruh Dividend Yield, Dividend Payout Ratio, Ukuran Perusahaan, Hutang Jangka Panjang, Earnings Volatility, Pertumbuhan Aktiva, Trading Volume, Dan Kepemilikan Manajerial Terhadap Volatilitas Harga Saham Pada Perusahaan Sektor Industri Dasar Dan Kimia Periode 2010-2013)

This article offers a conceptual contribution to the development of sustainability accounting. Sustainability accounting is the contribution of accounting to sustainable development. Sustainability accounting has grown in importance in many countries. The paper uses discourse analysis to analyse sustainability at the conceptual level. This paper highlights the motivation for sustainability accounting, the definition of sustainability accounting, the objectives of sustainability accounting and the tools of sustainability accounting. The findings are significant in that they show that sustainability accounting can provide a reporting framework that allows organizations to commit significant resources to promote continuing sustainability in the interest of society and the environment.

The Hungarian Historical Review invites submissions for its third issue in 2022, the theme of which will be Economy, the Connecting Force in Central and Eastern Europe in the Middle Ages The deadline for the submission of abstracts: January 31, 2022.

Dividend policy (DP) of corporate sector is widely researched topic in finance however; it remains a debatable issue to decide what factors determine the DP. The objective of this paper is to analyze the impact of dividend policy (DP) on shareholders' wealth (SW) of Information Technology (IT) sector in India. Out of 84 firms listed in National Stock Exchange (NSE), 32 firms were considered for analysis, (19 dividend paying firms and 13 dividend non-paying firms). Various factors affecting DP such as market value (MV),lagged market value (MVt-1), price earnings ratio (PER), lagged price earning (PERt-1) dividend per share (DPS), book value (BV) earnings per share (EPS) and retained earnings (RE) are used for analysis. Stepwise regressions to estimate the impact of RE, PER, PERt-1, DPS, and MVt-1 on MV (DP) reveals that the DP (MV) of overall IT sector is strongly influenced by RE, PER, PERt-1, EPS, MVt-1, DPS which fact shows that the DP of IT sector is significantly influenced by the selected financial variables during the period of the study. More specifically, the overall regression result proves that the DP (MV) is significantly and positively influenced by the DPS and RE.

I discuss some observations in the forensic accounting-based fraud literature, and identify the recent advances and other important issues in the literature that are worth noting. The main message in this commentary article is that fraud is complicated, and fraud complexity can significantly influence the way we undertake research in the forensic accounting and fraud literature. The practical implication is that forensic accountants, fraud examiners, and forensic accounting researchers should incorporate into their practice the complexity of fraud regardless of whether they follow an empirical, experimental, exploratory, analytical or critical approach to detect or investigate fraud.

Megaprojects are large, they are constantly growing ever larger, and more and more are being built in what has been called the biggest investment boom in history. This chapter serves as an introduction to megaprojects, and to The Oxford Handbook of Megaproject Management. First, megaprojects are defined and the size of the global megaprojects business is estimated. Second, drivers of the megaproject boom are identified, including monumentalism and the technological sublime. Third, ten things you must know about megaprojects are detailed, from their tendency to suffer from uniqueness bias to their overexposure to black-swan events. Fourth, the "iron law of megaprojects" is identified as a main challenge to megaproject management: "Over budget, over time, under benefits, over and over again." Finally, the main structure of the Handbook is set out as covering the what, the why, and the how of megaproject management, in terms of the challenges, causes, and cures that students of megaprojects must decipher to better understand and better manage megaprojects.

Sir

I am a financial consultant and have a very good and reputable Provider of some bank instruments we can only deliver fresh cut cash backed lease bank instrument (BG/SBLC et al.) to you in accordance to our terms and condition. Our bank instruments can serves as collateral as the case may be, which will enable you get loans from your bank so as to embark on any projects such as Aviation, Agriculture, Petroleum, Mining, Telecommunication, Construction of Dams, Real estate, Bridges, Trading, Importing and exporting and Other Turnkey Project (s) etc.

Also these instruments can be put in PPP, etc. Please do let me know of your willingness to proceed and I will email you our terms and condition upon request.

Contact :Robert Glen
Email: robertg.finance@gmail.com
Skype: robertg.finance@gmail.com
BROKERS ARE WELCOME & 100% PROTECTED!!!

The following formulae will be used in the IB Business and Management external assessment. A copy of the formulae will be provided for students in the examination. A copy should be provided for students in mock examinations and tests, where applicable. FOMULAE FOR RATIO ANALYSIS PROFITABILITY RATIOS í µí°†í µí°«í µí°¨í µí°¬í µí°¬ í µí°©í µí°«í µí°¨í µí°Ÿí µí°¢í µí°­ í µí°¦í µí°ší µí°«í µí° í µí°¢í µí° § = Gross profit Sales revenue x 100 í µí°í µí°ží µí°­ í µí°©í µí°«í µí°¨í µí°Ÿí µí°¢í µí°­ í µí°¦í µí°ší µí°«í µí° í µí°¢í µí° § = Net profit Sales revenue x 100 LIQUIDITY RATIOS í µí°‚í µí°®í µí°«í µí°«í µí°ží µí° §í µí°­ í µí°«í µí°ší µí°­í µí°¢í µí°¨= Current assets Current liabilities í µí°€í µí°œí µí°¢í µí° í µí°­í µí°ží µí°¬í µí°­ (í µí°ªí µí°®í µí°¢í µí°œí µí°¤) í µí°«í µí°ší µí°­í µí°¢í µí°¨= Current assets − stock Current liabilities SHAREHOLDER (STOCKHOLDER) RATIOS í µí°„í µí°ší µí°«í µí° §í µí°¢í µí° §í µí° í µí°¬ í µí°©í µí°ží µí°« í µí°¬í µí°¡í µí°ší µí°«í µí°ž = Net profit before interest and tax Number of ordinary shares HL

The telecom regulator in Guyana, with the backing of the Government, introduced competition in the mobile market sector in the year 2006. However, the fixed-line market and the international telecom sector in Guyana has been dominated by a 40-year (monopoly) license that holds exclusivity over landline voice, data connectivity (internet) and international voice and data access.
The telephone company, GT&T has, over its life, made contributions to the national economy while creating the opportunity for its own expansion and growth as well as the international expansion of its parent company.
This quantitative correlational study analyzed the results of a web based and face-to-face survey to quantify the value of the telecoms monopoly (i.e. fixed-line market and international telecom sector) to Guyana, a developing country.
This research found that there is no significant relationship between telecom monopoly in the country and Guyana’s economy. The study has shown that the impact of liberalization will neither negatively impact the economic well-being of the national economy of Guyana nor that of the incumbent, GT&T.
This study also supported the hypothesis that there is significant impact of telecoms market liberalization on the satisfaction of the telecoms subscribers in Guyana. The study further concluded that there is significant difference in the satisfaction experienced from telecom services between the male population and the female population of Guyana.
This study also concludes that customers’ acceptance of and satisfaction with liberalization is directly correlated to their satisfaction with the company’s products, its customer care and quality of service – which are usually the factors that influence customers’ willingness to pay higher prices with the converse being true for lower prices.

This case examines the rise and fall of WeWork—a company that experienced one of the most dramatic changes of fortune in technology company history. For several years, WeWork was a Silicon Valley darling, growing at breakneck speed with visionary Adam Neumann at the helm. By some estimates, Neumann’s company was worth USD 47 billion in January of 2019. But when the company filed paperwork in preparation for going public later that year, investors balked at the details revealed in the documents: billions of dollars in losses and lots of questionable behavior on the part of Neumann (including numerous conflicts of interest involving his personal business dealings). The initial public offering was postponed and later withdrawn; Neumann was forced to step down as CEO; and by May of 2020 the company’s valuation had dropped to USD 3 billion. Exploring this recent history will provide an opportunity to ask what lessons can be drawn from the rise and fall of WeWork, and from the economic and social context that enabled its growth.

Fraud has become a worldwide phenomenon and prime issue of concern. It dwells in all countries and affects all types of organizations irrespective of their size, profitability or industry. The primary objective of this paper is to provide an in-depth understanding of literature related to corporate fraud in order to understand why fraud occurs and how to combat it. Research studies published during the period commencing from the year 1984 to 2014 have been reviewed. The study aims to provide an in-depth discussion on significant red flags that may exist before fraud occurrence. It, also, provides a comprehensive view about fraud detection and prevention methods. Findings reveal that red flag is an important mechanism to prevent fraud. Application of single fraud detection technique will not curb the fraud effectively. Also, the top executives were found to be responsible for implementing anti-fraud policies and techniques within business organization. Further, the present study tries to discern the research gap in existing literature and explore the area of future research.

This study provides an overview of the situation and condition of the share price of publicly listed companies on the Indonesia Stock Exchange (IDX) and the impact of the Covid-19 pandemic experienced by the investor community on the performance of the Indonesia capital market. The data collection of this research was carried out by survey techniques by giving online questionnaires to the respondents. This study uses semantic scale analysis to measure respondents' views about the share price of their portfolio, the impact of the pandemic, and the performance of the Indonesian capital market. We performed validity, reliability, and hypothesis tests in forming a well-fitted model. The results of this study indicate that all the variables studied are valid and reliable, the hypothesis of the proposed statement is accepted that meets the significance level of the F-test and t-test, meaning that the strength of the issuer's stock price and the impact of the Covid-19 pandemic. This is able to explain and influence the performance variables of the Indonesian capital market by 74.7% out of 100 respondents in 2020.

SUMMARY Owing to global changes in the field of corporate governance and corporate law reform in South Africa, corporate governance has become an important aspect of the way in which corporations are doing business. Corporate governance is the collection of law and practices that is grounded in the fiduciary duties of directors. It regulates the conduct of those in control of the corporation. An important aspect of corporate governance is the establishment of structures and processes that enable directors to discharge their legal responsibilities. This article investigates corporate governance principles in South Africa and explores the importance of the role and duties of directors in the promotion of corporate governance principles.

This report highlights key aspects of the Kerry Group from both a financial and strategic management point of view. The report will assess the management strategies of the Kerry Group and how the external economic conditions impact the company. A PEST analysis will be used to access the external economic conditions. The report will further assess the SWOT analysis of the Kerry Group to ascertain the management strategies for proper management of operating investment and financing decisions. This will aid in determining the impact on both cash flows and cost of capital of the Kerry Group.

El caso de LACC número 712-S11 es la versión en español del caso de HBS número 709-462.

En noviembre de 2005, Robert Iger, el recién nombrado consejero delegado de Walt Disney Company, esperaba ansiosamente los resultados de la recaudación de Chicken Little, el segundo largometraje de dibujos animados generado por ordenador (CG) de la compañía. Sabía que, para que para que Disney como un todo tuviera éxito como empresa, debía enderezar el negocio de la animación, especialmente perfeccionando la nueva tecnología CG, que estaba sustituyendo muy rápidamente la animación dibujada a mano. Sin embargo, la compañía había dependido de un contrato con los estudios de animación Pixar, que había producido éxitos como Toy Story y Buscando a Nemo, para la mayoría de sus ingresos recientes por películas de animación. Y el acuerdo de coproducción, negociado durante el mandato de su predecesor Michael Eisner, expirabaen 2006, después del estreno de Cars, la quinta película del acuerdo para cinco películas. Desgraciadamente, las negociaciones para la renovación del contrato entre Steve Jobs, consejero delegado de Pixar, y Eisner habían fracasado en 2004 debido a conflictos de carácter personal. Cuando asumió su nuevo rol, Iger reabrió las líneas de comunicación entre ambas empresas. De hecho, acababa de llegar a un acuerdo con Jobs para vender algunos espectáculos televisivos propiedad de Disney y producidos por los estudios ABC-como Mujeres desesperadas-a través del iTunes Music Store de Apple. Iger sabía que podía llegar a un acuerdo con Pixar; la cuestión estribaba en qué términos debía hacerlo. ¿Tenía sentido para Disney sencillamente comprar Pixar?