Finance Reviews

In: English and Literature

Submitted By remyasreekumary
Words 2967
Pages 12
Firstly-ACKNOWLEDGEMENT DECLARATION
PREFACE (ITS ABOUT YAAAAR,UR MBA PROGRAM OK)
CONTENT
SL.NO | TITLE | PAGE NO: | 1. | CHAPTER –I : INTRODUCTION | | | BACKGROUND OF THE PROBLEM | | | INTRODUCTION TO COMPANY | | | OBJECTIVES OF THE STUDY | | | RESEARCH METHODOLOGY | | | SCOPE OF THE STUDY | | | LIMITATIONS OF THE STUDY | | | | | 2. | CHAPTER-II : REVIEW LITERATURE | | | | | 3. | CHAPTER-III : DATA ANALYSIS & INTERPRETATION | | | | | 4. | CHAPTER-IV: FINDINGS,SUGGESTIONS AND CONCLUSION | | | | | | BIBLIOGRAPHY | | | APPENDIX | |

LIST OF TABLES
LIST OF CHARTS
AFTER THAT CHAPTER 1,2,,3,4 OK ANY MORE DOUBT CALL ME

According to Ahmed Arif Almazari (2011), this study attempted basically to measure the financial performance of some selected Jordanian commercial banks for the period 2005-2009. It is evaluatory in nature, drawing sources of information from secondary data. The financial performance of banks is studied on the basis of financial variables and ratios. In this paper an attempt was made to analyze the financial performance of seven selected Jordanian commercial banks using simple regression in order to estimate the impact of independent variable represented by; the bank size, asset management, and operational efficiency on dependent variable financial performance represented by; return on assets and interest income size. It was found that banks with higher total deposits, credits, assets, and shareholders’ equity do not always mean that has better profitability performance. It was also found that there exists a positive correlation between financial…...

Similar Documents

Finance Review

...CH2 Assets=Liabilities +Stockholder’s Equity Cash Flow From Firm’s Assets=Cash Flow to Creditors + Equity Investor →CF(A)=CF(B)+CF(S) 一、 CF(A)=Operating Cash flow (OCF)-CAPEX-△NWC 1) OCF(看income statement)=EBIT + Depreciation -Tax paid EBIT=Revenue-Cost-Depreciation Tax=(EBIT-interest)*tax rate Earnings per share=Net income/total share outdating’s Dividends per share=Dividend/ total share outdating’s 2) CAPEX定义:Acquisitions-Sales of fixed assets 是out flow 需被finance CAPEX=△Total fixed assets+△accumulated depreciation=△PPE+△intangibles 3) △NWC=NWCend-NWCbeg financed by firm,是cash outflow长期 NWC=current assets-current liabilities 二、 CF(B)=Interest paid +debt retired-debt issued= Interest paid-New borrowing CF(B)= Interest paid-(ending long-term debt-beginning long-term debt) 三、 CF(S)=Dividends +share buybacks-stock issued Share buyback=treasury stock(end-beg) Stock issued=△common stock+△capital surplus CH7 Capital budgeting:accept or reject project. 一、 NPV:difference between sum of PV of future cash flow(只用cash flow,no earnings会计学上的;全部的CF of the project,discount rate)and initial cost. NPV rule:大于0接受,小于0reject.Positive NPV benefit stockholders Firm value=各种NPV加总(源自于cash flow)cash flow can only be estimated, 有risk Discount rate:return expected to earn on a financial asset of risk→opportunity cost 二、 Payback period: time that CF-initial cost>0,选择一个particular cutoff date对比之 NO timing of cash......

Words: 1536 - Pages: 7

Finance

...Medical equipment and supplies, Pharmaceuticals and biotechnology, Other (consulting firms, educational, government and private agencies). b. Study of the accounting and financial management of a diverse collection of industries that involve indirectly, or directly, the healthcare of the population. c. Healthcare finance consists of two broad areas of specialization: Accounting and Financial Management d. A healthcare finance book is unique to a regular finance book. Healthcare finance book allows readers to obtain the knowledge that put them in a better position to function as managers, judge quality of financial analysis, and incorporate sound principles. A generic finance book would not cover these same types of issues that deal with healthcare management. 1.2 A business maintains its financial viability by selling goods or services, while a pure charity relies solely on contributions. 1.3 a. The primary role of finance within businesses is to plan for, acquire, and utilize resources to maximize the efficiency and value of organization. b. The role has increased over the years to support the various sections in healthcare finance. 1.4 a. Hospitals differ in function, patient length of stay, and ownership. Ambulatory care encompasses services provided to noninstitutionalized patients. Home health care brings many of the same services provided in the ambulatory care settings into the patient’s home. Long-term care entails healthcare services......

Words: 394 - Pages: 2

Behavioural Finance Book Review

...WEALTH MANAGEMENT AUTHOR : MICHAEL M. POMPiaN BEHAVIORAL FIANCNE AND WEALTH MANAGEMENT AUTHOR : MICHAEL M. POMPiaN BOOK REVIEW OF : BOOK REVIEW OF : PREPARED BY :  ASHISH SHARMA PREPARED BY :  ASHISH SHARMA 2014 2014 Behavioral Finance and Wealth Management Author Information “Michael M. Pompian, CFA, CFP, is a partner at Mercer Investment Consulting, a firm serving institutional and private wealth clients. Prior to joining Mercer, he was a wealth management advisor with Merrill Lynch and PNC Private Bank, and served on the investment staff of a family office. Pompian is a Chartered Financial Analyst (CFA), a Certified Financial Planner (CFP), and a Certified Trust Financial Advisor (CTFA). He is also a member of the CFA Institute (formerly AIMR) and the New York Society of Security Analysts (NYSSA). He holds a BS in management from the University of New Hampshire and an MBA in finance from Tulane University. Pompian is a regular speaker on the subject of behavioral finance and has published several articles on the subject. He is married with three sons and can be reached at michael.pompian@mercer.com. “ Michael M. Pompian describes various biases which we can see in human beings , also tells about various experiments on human beings in his book “ BEHAVIOURAL FINANCE AND WEALTH MANAGEMENT “ and tells “HOW TO BUILD OPTIMAL PORTFOLIOS THAT ACCOUNTS FOR INVESTOR BIASES “ The book is published by John wiley and......

Words: 4842 - Pages: 20

Artical Review - Finance

...Rolling tides along a sandy beach, cloud covered green mountain tops, or exotic smells and sounds emitted from crowded streets of a distant place. These can be memories of past vacations, or dreams of future ones. Either way we all have the desire to be free to roam where ever our hearts are most content, free of the everyday stresses of our hectic work life. But more often than not, these dreams are left unfulfilled because, as Americans, we are often one of the most overworked populations on this earth. We skip vacations for a multitude of reasons. The financial burden of taking time off can prevent us from enjoying a relaxing week away, or we may feel that taking time off from our jobs may be viewed as lazy, or that we are not invested in the organization for whom we are employed. But the simple truth is, when we do not allow for time off to rejuvenate our minds and bodies, we not only compromise our own health, but in fact, we compromise the health and wellbeing of the company we work for as well. Attitudes of employers are shifting about quality time off for their employees. They seem to be grasping the reality that overworked employees translates to overall increased productions costs. When employees are overworked and have not taken time off for themselves they can become less efficient, less able to deliver quality of care and/or work, or can make potential mistakes that can have devastating consequences. All potentially costing the organization a great......

Words: 500 - Pages: 2

Course Outline and Review for Finance 6310

...Course Outline and Review for Finance 6310 This outline is NOT a substitute for studying class lecture notes and homeworks. It is merely a guide of the material covered and is not intended to include answers to exam questions. Exam 1: Chapters 1-7 Terminology & Concepts • See lecture slides and homework • Financial system functions and goals • Types of assets, physical, financial, … • Debt, money market, notes, bond, government debt, sovereign debt • Types of US government debt, mortgage backed securities • Equities, common, preferred, warrants • Pooled investment securities, nav, open-end, closed-end, etf, trust depositories, hedge funds • Currencies, contracts, settlement, forward contracts, futures • Financial intermediaries • Primary market, secondary market • Oder details • Market, limit, stop loss (stop sell) and stop buy orders • Bid ask spread, commission • Buying on margin and leverage, margin call • Short sale, margin, margin call • Unique, firm-specific diversifiable, nonsystematic risk • Market risk, beta, systematic, nondiversifiable risk • Modern portfolio theory • leverage • Minimum variance frontier, efficient frontier, global minimum variance portfolio, • Riskless asset, risky asset, optimal risky portfolio • Capital allocation line • Sharpe ratio Problems • See lecture slides and homework for clarification • Buying on margin ...

Words: 497 - Pages: 2

Learnings from Article Review – Finance Function in a Global Corporation

...Learnings from Article Review – Finance Function in a Global Corporation As companies globalize, they face new financial challenges. Here, the major challenge faced by the Global CEO is giving companies a powerful mechanism for arbitrage across national financial markets as capital markets open up within them. CFO has to balance the traditional question with new questions which arises due to the globalization. By exploiting their internal capital markets, CFO can create value in 3 functions: 1. Financing the internal capital market. 2. Managing Risk Globally, 3. Global Capital Budgeting. 1. Financing the internal capital market – A CFO can significantly reduce a groups overall tax bill by borrowing disproportionately in countries with high tax rates and lending the excess cash to operations in countries with lower rates. But the global CFO needs to be aware of downside of getting strategic about financing in these ways. Saddling the mangers of subsidiaries with debt can cloud their profit performance. 2. Managing Risk Globally – The existence of an internal capital market also broadens a firms Risk management options. Instead of managing all currency exposures through the financial market, global firm can offset natural currency exposures through their worldwide operations. Given this potential for minimizing risk, it might seem perverse that many multinationals let local subsidiaries and regions manage their risks separately. Doing so, however, can obscure the......

Words: 395 - Pages: 2

Finance

...MASTERS IN BUSINESS ADMINISTRATION MAY/2015 BMMF5103 MANAGERIAL FINANCE Q1: The role of a financial manager requires both an understanding of how the business functions as a whole and specialized financial knowledge. The head of the financial operations is called the chief financial officer (CFO). Financial managers develop strategies that will implement the long-term goals of a corporation. Their main goal is to maximize the value of stock shares. Stockholder wealth maximization is the appropriate goal for management decisions. The risk and timing associated with expected earnings per share and cash flows are considered in order to maximize the price of the firm’s common stock. Maximizing shareholder wealth is maximizing purchasing power or maximizing the flow of discounted cash flow to shareholders over a long term period. This is because under wealth maximization, more importance is given to cash flows rather than profitability. A basic principle is that ultimately wealth maximization should be discovered in increased net worth or value of business. So, to measure the same, value of business is said to be a function of two factors – earnings per share and capitalization rate. For a business, it is not necessary that profit maximization should be the only objective; it may concentrate on various other aspects like increasing sales, capturing more market share etc, which will take care of profitability. Some factors in profit comparison......

Words: 1121 - Pages: 5

Finance

...and the small to medium size firm? The traditional financial manager was generally involved in the regular finance activities, e.g., banking operations, record keeping, management of the cash flow on a regular basis, and informing the funds requirements to the top management, etc. But, the role of financial manager has been enhanced in the today's environment; he/she takes an active role in financing, investment, distribution of profits, and liquidity decisions. In addition, he/she is also involved in the custody and safeguarding of financial and physical assets, efficient allocation of funds, etc. The role of financial manager in case of diversified firm is more complicated in comparison with a small and medium size firm. A diversified firm has several products and divisions and varied financial needs. The conflicting interests of divisional managers make the work of financial manager quite difficult in a diversified firm. ‘…the function of financial management is to review and control decisions to commit or recommit funds to new or ongoing uses. Thus, in addition to raising funds, financial management is directly concerned with production, marketing and other functions within an enterprise whenever decisions are made about the acquisition or destruction of assets’ (Ezra Solomon). Elucidate. All functions, production, marketing etc., require finances. The financial manager supports other functional managers and top management to deploy the scarce resources,...

Words: 1368 - Pages: 6

Finance

...SECTION 3 : MARKET TRENDS Vinod Wadhwani Home Loans Brief review of the performance The housing sector plays an important role in the economic development of the country. Every rupee invested in housing adds 78 paise to the GDP. Over 269 industries are directly or indirectly dependent on the housing sector. There is an estimated shortage of 20 million housing units in the country with an estimated investment requirement of over Rs 1500 billion. In this context it is important to note that that the organized housing finance industry barely accounts for 30% of the home loans disbursed in the country. The last few years have seen the home loans market growing at a CAGR of over 30 percent. The growth has been mainly fuelled by certain fiscal, social and regulatory drivers: • Changes in demographic profile including increase in the rate of household formation due to structural shift from joint family system to nuclear family • Ever increasing middle class, migration of population and increasing urbanization resulting in acute shortage of housing units Vice President Ambit Corporate Finance Pte. Ltd. Vinod Wadhwani is Vice President, Ambit Corporate Finance Pte Ltd., He is responsible for Mergers and Acquisitions Group in the company. Earlier, he has worked as a marine engineer in merchant navy for eight years. • Increase in disposable income levels due to decrease in marginal tax rates and increase in total income levels • Tax benefits and other fiscal incentives......

Words: 2541 - Pages: 11

Finance

...CORPORATE FINANCE COURSE CORPORATE FINANCE 2.1 Working Capital Management Sept. 2014 Ir Frank W. van den Berg mba Vrije Universiteit, Amsterdam ALYX Financial Consultancy bv, Aerdenhout FWvdB/2014 1 OUTLINE CORPORATE FINANCE FWvdB/2014 •  Basics & Guiding principles •  Time value of money + Capital Budgeting •  Valuation of CF + Bonds •  Valuation of shares (+ co.’s) •  Financial Analysis (Ratios) •  Financial Planning (EFN) •  à Working Cap. Mgt. (A/R, Inv., A/P) •  Debt Financing •  •  2 FIN 1.5 FIN 2.1 Entrepreneurial Finance / Raising Equity Mergers & Acquisitions / Corp. Restructuring FINANCIAL RATIOS - Example 1 FWvdB/2014 Sample Balance sheet (000’s €) Cash + bank 500 Accounts Receivable 5.000 Inventory 3.000 ------CA 8.500 Machinery Buildings 6.000 4.000 Total assets -------18.500 STB (bank credit line) Accounts Payable CL LTD (Bonds) Nom. Cap. (500.000 x 2) Paid-in-capital (x 3) Retained Earnings Treasury Stock Shareholders’ Capital Total liabilities + OE 3 3.000 3.000 ------6.000 6.000 1.000 1.500 4.500 - 500 6.500 -------18.500 RATIOS: SAMPLE INCOME STATEMENT REVENUES (= Sales = Turnover) CGS = Costs of Goods Sold (materials, labor costs + energy costs incl. 1.000 depreciation) GROSS PROFIT SGA= Selling Administrative & General Expenses (incl. overhead, management, insurance, marketing) EBIT = Earnings Before Interest and Tax Interest......

Words: 1063 - Pages: 5

Finance

...profitability except the association between debt to equity and return on equity. Further the results suggest that 89% of total assets in the banking sector of Sri Lanka are represented by debt, confirming the fact that banks are highly geared institutions. The outcomes of the study may guide banks, loan-creditors and policy planners to formulate better policy decisions as far as the capital structure is concerned. Keywords : Capital structure, Profitability, Debt, Equity, Return on Equity. GJMBR-A Classification : FOR Code: 150202 JEL Code: O16, P12, M21 The RelationshipbetweenCapitalStructureProfitability Strictly as per the compliance and regulations of: © 2012. Prof. (Dr). T. Velnampy & J. Aloy Niresh. This is a research/review paper, distributed under the terms of the Creative Commons Attribution-Noncommercial 3.0 Unported License http://creativecommons.org/licenses/by-nc/3.0/), permitting all noncommercial use, distribution, and reproduction in any medium, provided the original work is properly cited. The Relationship between Capital Structure & Profitability profitability of an enterprise is directly affected by such decision. The successful selection and use of capital is one of the key elements of the firms’ financial strategy. Hence, proper care and attention need to be given while determining capital structure decision. The purpose of this study is to investigate the relationship between capital structure and profitability of ten listed......

Words: 4978 - Pages: 20

Corporate Finance Review Outline

...one in which stock prices fully reflect available information (i.e. stock market prices are good estimates of underlying intrinsic value). * What conditions generally lead to market efficiency? * Rationality * Independent Deviations * Arbitrage * What are the three forms of market efficiency? * Weak form * Security prices reflect all information found in past prices and volume. * Implication? * Semi-strong form * Security prices reflect all publicly available information. * Strong form * Security prices reflect all information—public and private. * What are the implications of market efficiency for corporate finance? * The price of a company’s stock cannot be affected by a change in accounting cosmetics, e.g., stock splits. * Financial managers cannot “time” issues of stocks and bonds unless they have special information. * A firm can learn from market reactions to the firm actions. * However, if financial managers have special information, and try to use it, markets will react. This could also suggest that market prices may not always be equal to intrinsic value. * What are the empirical challenges to market efficiency? * Bubbles * Consider the tech stock bubble of the late 1990s. The AMEX Internet Index dropped 80% in one year. * Crashes * On October 19, 1987, the stock market......

Words: 923 - Pages: 4

Spore Press Hold. Finance Review

...Quality/Organizational Excellence Handbook (3rd ed.)20093Edited by R.T. Wescott. The Certified Manager of Quality/Organizational Excellence Handbook (3rd ed.) . ASQ Quality Press, 2005. 671 pp., ISBN: 978‐0‐87389‐678‐8 $180.00 (ha. Measuring Business Excellence, 53-54. Miller, F. P., Vandome, A. F., & McBrewster, J., 2010. Growth-share matrix: Boston consulting group, corporation, business, product lining, brand, product management, strategic management, portfolio (finance). Beau Bassin, Mauritius: Alphascript Publishing. Sanasecurities., n.d. BCG Matrix for better investment decisions. Retrieved January 5, 2016, from http://www.sanasecurities.com/how-use-bcg-matrix-make-better-investment-decisions Singapore Press Holding., n.d,. Organisation Structure - Singapore Press Holdings. Retrieved January 5, 2016, from http://www.sph.com.sg/about-sph/organisation-structure/ Siougle, G., 2007. Earnings Forecasts Disclosed in SEO Prospectuses: Evidence from an Emerging Market. Journal of Emerging Market Finance, 249-267. Westcott, R., 2005,. The certified manager of quality/organizational excellence handbook. Milwaukee, Wis: ASQ Quality Press. Whitsed, C., & Green, W., 2013. What's in a Name? A Theoretical Exploration of the Proliferation of Labels for International Education Across the Higher Education Sector. Journal of Studies in International Education, 105-119....

Words: 3514 - Pages: 15

Finance

...and friends and not from financial institutions. Financial inclusion is delivery of banking services at an affordable cost ('no frills' accounts,) to the vast sections of disadvantaged and low income group. Unrestrained access to public goods and services is the sine qua non of an open and efficient society5. As banking services are in the nature of public good, it is essential that availability of banking and payment services to the entire population without discrimination is the prime objective of the public policy." – Indian Institute of Banking and Finance Pradhan Mantri Jan-Dhan Yojana (PMJDY) is National Mission for Financial Inclusion is based on “Sab ka sath sab ka vikas” i.e. inclusive growth to ensure access to financial services, namely, Banking/ Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner, launched by Shri. Narendra Modi on 28 August 2014. Literature Review 1. Research Paper on, “Overview of Financial Inclusion in India”, by C. Paramasivan and V. Ganeshkumar, Financial inclusion aimed at providing banking and financial services to all people in a fair, transparent and equitable manner at affordable cost. This paper is an attempt to discuss the overview of financial inclusion in India1. 2. Mr. Nanjibhai D. Ranparia in his Research Paper on, “Financial Inclusion in Gujarat: A Study on Banker’s Initiatives” includes study of different financial inclusion aspects and evaluates progress and current......

Words: 1888 - Pages: 8

Learnings from Article Review – Finance Function in a Global Corporation

...Learnings From Article Review – Finance Function In a Global Corporation Learnings from Article Review – Finance Function in a Global Corporation As companies globalize, they face new financial challenges. Here, the major challenge faced by the Global CEO is giving companies a powerful mechanism for arbitrage across national financial markets as capital markets open up within them. CFO has to balance the traditional question with new questions which arises due to the globalization. By exploiting their internal capital markets, CFO can create value in 3 functions: 1. Financing the internal capital market. 2. Managing Risk Globally, 3. Global Capital Budgeting. 1. Financing the internal capital market – A CFO can significantly reduce a groups overall tax bill by borrowing disproportionately in countries with high tax rates and lending the excess cash to operations in countries with lower rates. But the global CFO needs to be aware of downside of getting strategic about financing in these ways. Saddling the mangers of subsidiaries with debt can cloud their profit performance. 2. Managing Risk Globally – The existence of an internal capital market also broadens a firms Risk management options. Instead of managing all currency exposures through the financial market, global firm can offset natural currency exposures through their worldwide operations. Given this potential for minimizing risk, it might seem perverse that many multinationals let local subsidiaries and......

Words: 257 - Pages: 2