Financial disturbances can be costly. In particular, systemic events in financial markets, such as banking crises, often affect the whole society a deeply traumatising way. Consequently, it is important to anticipate risks of adverse development so try prevent that kind disaster and ensure stability. Author this paper analyses fragility system Latvia fluctuations global economy changes directio...

We empirically investigate the effects of the adoption of Regulation Fair Disclosure (“Reg FD”) by the U.S. Securities and Exchange Commission in October 2000. This rule was intended to stop the practice of “selective disclosure,” in which companies give material information only to a few analysts and institutional investors prior to disclosing it publicly. We find that the adoption of Reg FD c...

A concept of financial prediction system is considered in this paper. By integrating multidimensional data technology (data warehouse, OLAP) and case-based reasoning, we are able to predict financial trends and provide enough data for business decision making. Methodology has been successfully used and tested in the management information system of "Novi Sad Fair".

This study reviews the impact of Spanish Transparency Law (TL) 19/2013 and Union European Football Associations’ (UEFA) Financial Fair Play (FFP) regulations, on transparency accountability professional football clubs, examines influence financial performance clubs. The uses a Panel Data methodology (FGLS) to compare international index for clubs (INFUT) with criteria UEFA’s FFP as measure soci...

We examine whether and why companies prefer fair value to historical cost when they can choose between the two valuation methods. With the exception of investment property owned by real estate companies, historical cost by far dominates fair value in practice. Indeed, fair value accounting is not used for plant, equipment, and intangible assets. We find that companies using fair value accountin...

We develop a theory of how agency conflicts between the shareholders and debt holders of a financial institution, accounting measurement rules, and prudential capital regulation interact to affect the institution’s capital structure and project choices. We show that, relative to a benchmark historical cost regime in which assets and liabilities on the institution’s balance sheet are measured at...

External Evaluator: Toshihiro Nishino, International Development Center of Japan Inc. 0. Summary The Project aimed at improving the immunization rate through improvement of the infectious disease control service, thereby contributing to the reduction of the incidence of infectious diseases and improving the health of children in five provinces/autonomous regions in the central and western parts...

Older adults have been shown to avoid negative and prefer positive information to a higher extent than younger adults. This positivity bias influences their information processing as well as decision-making. We investigate age-related positivity bias in charitable giving in two studies. In Study 1 we examine motivational factors in monetary donations, while Study 2 focuses on the emotional effe...

This paper examines whether fair value accounting increases the pro-cyclicality of banks’ lending behavior. Exploiting cross-sectional variation in individual banks’ exposure to fair value accounting, I find that fair value accounting does not exacerbate the pro-cyclicality of bank lending over the past two business cycles during 1995-2010. This result holds despite the fact that every one doll...

financial derivatives are new instruments through which hedging, investment and arbitrage are done in a modern economy. although the word 'derivative'primarily reminds us of options and futures, the major focus of the equity derivatives industry worldwide is on index derivatives. launching index options and index futures in tehran stock exchange, not only increases financial market de...