In construction industry, the term ‘procurement’ is considered as a project based job where clients and contractors are always keen to observe performance indicators. These indicators represent financial and non-financial efficiency of project activities. Among these, the monitoring of financial indicators is an important function of project management. Therefore, during the construction phase,...

Since the World Wide Web became a medium for commercial activities in 1993, a tremendous number of companies joined in. Companies want to reach new markets through this low cost and massive computer network. The financial services industry is one of the early players. Since the nature of this delivery channel is very different from the traditional ones, banks are faced with competition from tra...

The immeasurable potential productivity and high-growth characters contained in Internet Economy attract financial industry to develop internet financial service promptly, which will be mainstream tendency in this century. It has changed the function of traditional financial company and the structure of financial organization. Electronic money has also made the central bank loss the money suppl...

Phase space reconstruction of financial time series has become an effective approach for financial system analysis. Since the phase space obtained by the traditional method had the large embedding dimension and was susceptible to noise, this paper proposed a novel phase space reconstruction approach based on manifold learning, called manifold learning-based phase space reconstruction (MLPSR), w...

A financial model is a representation of the activities of a business in terms of quantitative relationships among variables that can help an analyst understand the financial consequences of past activities or assumed future activities. The equations comprising such models form a kind of knowledge base which can be used to generate explanations. In this paper we give some background on financia...

the objective of this study is to derive a money demand function compatible with the islamic economic rules, i.e., prohibition of reba. this rule, evidently eliminates the loan market from the economy.therefore, we propose that the islamic financial markets could link the real and nominal sectors of the economy and provide the information needed by both the financial intermediaries and the cent...

C an rural financial inclusion enhance agricultural growth? This study, using annual data over the period 1981-2014 and the ARDL bounds testing approach, captures the long run as well as the short-run dynamics of the relationship between financial inclusion and agriculture in Nigeria. The results show that usage of financial services has significant impacts on agriculture both in the...

Today, money laundering (ML) poses a serious threat not only to financial institutions but also to the nation. This criminal activity is becoming more and more sophisticated and seems to have moved from the cliché of drug trafficking to financing terrorism and surely not forgetting personal gain. Most international financial institutions have been implementing anti-money laundering solutions (A...