The main focus of this seminar paper is on decision tree analysis and its applications in various industries. It also discusses about issues of decision making under uncertainty and risks involved in some of the projects. Statement of the problem For successful execution of a project, a project manager should be able to take right decisions under conditions of certainty, risk and uncertainty. As the situation progresses from certainty to risk to uncertainty, the expected potential damage to t...
Financial markets are defined by Mankiw (2012) as "the institutions through which a person who wants to save can directly supply funds to a person who wants to borrow" (Mankiw, 2012, p. 557). There are two critical financial markets in the U.S. economy, the stock and bond markets. In each case, the markets provide a vehicle for individuals or businesses to invest funds to borrowers. The sale of bonds is known as debt finance and the sale of stock is called equity finance. Bonds are "an inte...
Inventory may be desirable, even necessary, for smooth operation and good customer service in many situations. For instance, inventory can be used to reduce the lead time to respond to customer demand, to smooth out the production rate when there are variations in demand, and to protect the company from underestimates of demand (forecast errors) or shortage of supply. Reasons such as these, plus the fact that inventory is considered an asset on a company's balance sheet, have led many company...
Seasoned Equity Offering (SEO) is embedded in the field of Corporate Financing studies. Agca, Senay and Mozumdar (2005) concluded from their study that the main sources of corporate finance are Retained Earnings (1st), Debt (2nd) and Equity (3rd). During the last financial crisis starting in 2007, a lot of SEOs took place due to credit shortage and poor financial performance. The goal of this literature review is to study the different characteristics of issuing additional equity. In a first ...
The financial sector is one of the most important sectors in an economy. It can be argued that in Mauritius there are millions and millions of liquid transactions which are dealt in the financial sectors. Hence, one of the crucial aims is to preserve the smooth functioning and the integrity of the Mauritian financial market. Unluckily, many companies have been collapsing and some are on the verge of; the offshore centers are in crisis, crashes on the stock exchange, illicit money transactions...
Founded in 1998 (previously known as Bank of Italy,1904), Bank of America is an American multinational banking and financial services corporation, and the second largest bank holding in the United States by assets. Kenneth D. "Ken" Lewis (April 9, 1947) was the former CEO, President, and Chair of Bank of America. While CEO of Bank of America, he was appointed as American Banker's "banker of the year "after purchasing Countrywide Financial and Merrill Lynch. The bank acquisition of Merrill Lyn...
1: CORPORATE DIVERSIFICATION AND PERFORMANCE. This study by Wan Mohd Nazri Wan Daud, Norhana Binti Salamudin, Ismail Bin Ahmad (2009) determines the relationship between firm diversification and performance. A sample of 70 Malaysian firms is drawn from the industry during the period 2001 - 2005 for research. Panel data analysis is used for evaluating the relationship that exists between diversification and performance. The firms are classified as focused firms if the total sales of an industr...
Scientific Glass provides specialized glassware for a variety of organizations such as pharmaceutical companies, hospitals, research labs, quality-control sites and testing facilities. As of January 2010, there was a substantial increase in their inventory balances which tied up the capital necessary for further investment needed for expansion. The debt-to-capital ratio surpassed the target of 40% preventing the company to use their capital in other areas. In addition, the shipping costs wer...
Shadow banking conduct has been practiced for years, since 1970, through money market funds. However, the concept of shadow banking was not originated until the pre-recessionary period in 2007, and thereafter popularised during the recession period because it underlined the bank-like functions performed by entities outside the regular banking system. The International shadow banking system is complex, with a multitude of non-regulated financial institutions that can be linked to the tradition...
Kantilal Chhaganlal, established in 1954, is one of India's oldest and most trusted companies offering end-to-end wealth management solutions. Kantilal Chhaganlal offers its 1,00,000 plus clientele a basket of customized, end-to-end solutions at more than 500 locations across India. They offer services like Wealth Management, Institutional Broking, Private Client Broking both online as well as offline. The companies under Kantilal Chhaganlal are- Kantilal Chhaganlal Securities Pvt. Ltd. Kayce...
