Most searched books

Archives

Interpretation von Kapitalmarktreaktionen: Analysen zu by Stefan Schmale

By Stefan Schmale

Die vorliegende Monographie behandelt ein kapitalmarkttheoretisches Gebiet, das in der Vergangenheit quick ausschließlich unter dem Gesichtspunkt des Zusammenhanges zwischen dem Zugang einer neuen info und der beobachteten Preisänderung betrachtet worden ist. In neuerer Zeit wird nun versucht, nicht nur die PreiSänderung, sondern auch das Handelsvolumen in der Reaktion auf neue Informationen zu analysieren. Das theore­ tische Verständnis über den Zusammenhang zwischen Zugang neuer Informationen und der Entstehung von Handelsvolumen ist zur Zeit allerdings noch wenig ausgeprägt. Eine allgemein akzeptierte Theorie fehlt. Die verschiedenen theoretischen Modelle gelangen, je nachdem, wie sie die Einzelursachen miteinander kombinieren und wie sie die Leerverkaufsbeschränkung behandeln, zu wider­ sprüchlichen Ergebnissen; bislang ist es auch nicht gelungen, eine akzeptable Erklärung fur die empirisch beobachteten Unterschiede zwischen dem Handelsvolumen bei Preisanstiegen und bei Preisrückgängen zu finden. Eine der Ursachen dafur ist die Vielfalt der in den Modellen verwendeten Annahmen über Erwartungsbildung, Marktorganisation und Leer­ verkaufsmöglichkeiten. An diesem Punkt setzt die Untersuchung an. Sie analysiert in ihrem Schwerpunktteil die Wirkung heterogener Erwartungsbildung und nicht gleichzeitigen Informationszuganges auf Preisänderung, Handelsvolumen und das Verhältnis bei der zueinander.

Show description

[...]

The Economist (23 November 2013)

Nonfiction, enterprise, politics, finance, present occasions, traits, global affairs

Show description

[...]

The Independent (24 September 2015)

The self sustaining is a British nationwide morning newspaper released in London via self sufficient Print constrained. Nicknamed the Indy, it used to be introduced in 1986 and is likely one of the youngest united kingdom nationwide day-by-day newspapers. The self reliant is thought of as coming from the centre-left, on tradition and politics, yet has a tendency to take a extra pro-market stance on monetary concerns.

Show description

[...]

Abramovich: The Billionaire from Nowhere by Dominic Midgley, Chris Hutchins

By Dominic Midgley, Chris Hutchins

An investigative biography of soccer's richest Russian oil mogul, now the landlord of Chelsea FC. that includes unique interviews with a few of his closest affiliates and contributors of his internal circle, this publication will cross a way in the direction of unravelling the secret at the back of the guy with the billions. newshounds Dominic Midgley and Chris Hutchins become familiar with the Russian boss of Chelsea FC, who has already spent over GBP110 million on new avid gamers because he received the membership in the summertime of 2003.

Every point of his earlier, current and destiny is tested -- together with his upbringing, the friendships that helped him holiday into the head ranks of the Kremlin, the company offers that made him a fortune in lower than ten years, and the ambition that supplies to make him as substantial a reputation within the West as in his fatherland.

Using exhaustive fundamental learn, the authors will discover the particular tales at the back of the billions Ambramovich made in Russia as Western-style capitalism was once brought by way of President Putin and why he has made up our minds to take a position a part of it in a modern London soccer membership.

The upward thrust of Roman Abramovich from provincial orphan to at least one of the main strong males in Russia is a narrative that has all of the elements of a mystery: risk-taking, braveness, shrewdness, ruthlessness and, especially, a sophisticated and manipulative attraction. (less)

Show description

[...]

A Quantitative Liquidity Model for Banks by Christian Schmaltz

By Christian Schmaltz

Internal liquidity versions for banks have received substantial significance on the grounds that German regulators have made up our minds to simply accept them for regulatory reporting. Christian Schmaltz identifies product funds flows, investment unfold, investment means, haircuts, and temporary rates of interest as key liquidity variables. Then, he assumes particular stochastic tactics for the main variables resulting in a specific liquidity version. The modelling concentration lies at the product money circulation that's defined through a jump-diffusion procedure. eventually, the writer applies the version to the allocation, inner pricing, and optimization of liquidity.

Show description

[...]

The Go-Go Years: The Drama and Crashing Finale of Wall by John Brooks

By John Brooks

A funny and prepared examine the roller-coaster increase and bust of the Nineteen Sixties and Seventies through the recent York Times–bestselling writer of industrial Adventures

John Brooks blends humor and astute research during this story of the miraculous "go-go" development of the Nineteen Sixties inventory industry and the consequent crashes of the Nineteen Seventies. speedily emerging shares promised speedy funds to traders, and voracious cupidity drove the industry. however the bull industry couldn't final perpetually, and the autumn was once simply as fantastic because the ascent.
Including the magnificent tale of H. Ross Perot's lack of $450 million in a single day; the story of America's "Last Gatsby," Eddie Gilbert; and the account of financier Saul Steinberg's failed seize for Chemical financial institution, this booklet is replete with hallmark monetary acumen and brilliant storytelling. A vintage of industrial background, The Go-Go Years offers John Brooks's signature perception into the occasions of yesteryear and stands the attempt of time.

Show description

[...]

Gold: The Once and Future Money by Nathan Lewis

By Nathan Lewis

For many of the final 3 millennia, the world's advertisement facilities have used one or one other version of a most useful. it may be the most effective understood of human associations, yet it's no longer. It's one of many worst understood, via either its advocates and detractors. even though it's been spurned by means of governments repeatedly, this hasn't ever been because of a fault of gold to serve its responsibility, yet simply because governments had different plans for his or her currencies past holding their balance. And so, says Nathan Lewis, there's no cause to think that the nice financial successes of the prior 4 centuries, and certainly the previous 4 millennia, couldn't be recreated within the subsequent 4 centuries. In Gold, he makes a forceful, well-documented case for a global go back to the gold standard.

Governments and significant bankers all over the world at the present time unanimously agree at the desirability of sturdy funds, ever extra so after a few financial catastrophe has lowered another economic climate to smoking ruins. Lewis exhibits how gold presents the soundness had to foster higher prosperity and productiveness through the global. He deals an insightful examine cash in all its kinds, from the 7th century B.C. to the current day, explaining in undemanding layman's phrases the results of inflation, deflation, and floating currencies besides their influence on costs, wages, taxes, and debt. He explains how the move of cash is regulated by way of valuable banks and, within the technique, demystifies the recommendations of offer, call for, and the price of foreign money. And he illustrates how larger taxes reduce productiveness, alternate, and the soundness of cash. Lewis additionally presents an interesting background of U.S. funds and provides a sobering examine fresh forex crises all over the world, together with the Asian financial problem of the past due Nineteen Nineties and the devastating foreign money devaluations in Russia, China, Mexico, and Yugoslavia.

Lewis's final end is easy yet strong: gold has been followed as cash since it works. The top of the line produced many years or even centuries of sturdy funds and monetary abundance. If heritage is a advisor, will probably be performed again.

Nathan Lewis used to be previously the executive overseas economist of an organization that supplied funding learn for associations. He now works for an asset administration corporation established in long island. Lewis has written for the monetary instances, Asian Wall road magazine, Japan occasions, Pravda, and different guides. He has seemed on monetary tv within the usa, Japan, and the center East.

Show description

[...]

An Introduction to Mathematical Finance by Sheldon M. Ross

By Sheldon M. Ross

This mathematically user-friendly creation to the idea of concepts pricing provides the Black-Scholes concept of thoughts in addition to introducing such issues in finance because the time price of cash, suggest variance research, optimum portfolio choice, and the capital resources pricing version. the writer assumes no past wisdom of likelihood and provides all of the precious initial fabric easily and obviously. He explains the idea that of arbitrage with examples, after which makes use of the arbitrage theorem, in addition to an approximation of geometric Brownian movement, to procure an easy derivation of the Black-Scholes formulation. within the later chapters he provides actual fee information indicating that this version isn't continuously applicable and exhibits how the version might be generalized to house such events. No different textual content offers such issues in a mathematically actual yet obtainable manner. it's going to attract expert investors in addition to undergraduates learning the fundamentals of finance.

Show description

[...]

Unternehmenszerstörer: Corporate Finance als Abwehrstrategie by Peter Tsao-Adolphs

By Peter Tsao-Adolphs

Basierend auf realen Ereignissen berichten die Autoren, wie es einer Unternehmenserbin trotz ungeregelter Nachfolge mit viel Mut und Entschlossenheit gelang, das Lebenswerk des Vaters zu bewahren und die heute rund 1.000 Arbeitsplätze der Beschäftigten zu retten. Schlüsselszenen schildern, wie sie dem geradezu übermächtigen Heer der Unternehmenszerstörer aus Erbaspiranten, macht- und profithungrigen Managern, staatlichen Betriebsprüfern, Steuerfahndern und rücksichtslosen Bankern mithilfe einer kreativen Corporate-Finance-Abwehrstrategie erfolgreich standhielt und manch herben Tiefschlag parierte. Peter Tsao-Adolphs begleitete die Erbin als strategischer Finanzberater über zehn Jahre und erzählt die bewegenden Ereignisse aus erster Hand. Fundierte Expertenblöcke ergänzen die dramatische tale und vermitteln das notwendige Basiswissen, um Familienunternehmer und ihre Erben für die Zeit der Nachfolge und für einen nachhaltigen Turnaround zu rüsten.

Show description

[...]

The New Palgrave Dictionary of Money & Finance: 3 N–Z by Peter Newman, Murray Milgate, John Eatwell

By Peter Newman, Murray Milgate, John Eatwell

Show description

[...]