Asset

Capital asset pricing model According to Ross, Westerfield and Jordan (2008) capital asset pricing model is the equation of the security market line showing the relationship between expected return and beta. It is use to calculate the rate of return for risky asset. CAPM state that expected return of a security or a portfolio equals the rate on a risk free security plus a risk premium. Formula for CAPM E(Ri)=Rf + [{E(Rm) - Rf}] βi Where, E(Ri)= return required on financial asset I, Rf= risk…

future of stock returns. 2.1.3. Hypothesis of characteristics Another perspective that believes that the size of the firm and the BTMR should not be used to explicate the stock return argues that the characteristics of both factors affect the asset returns. Daniel and Titman (1997) pointed out that no further variables existed during their examination of the U.S. Stock Market from 1973 to…

Merton 's (1973) intertemporal capital asset pricing model (ICAPM) was developed to capture this multi-period aspect of financial market equilibrium. We still don 't know exactly how many factors there are, but the ICAPM at least gives us some guidance. Consumption-Oriented Capital Asset Pricing Model The consumption-based model of Breeden (1979) provides a logical extension of the previous work in asset pricing. Based on this "diminishing marginal utility of consumption…

practice to guard against immediate and future financial crisis and risks (Clancy, Grinstein-Weiss, & Schreiner, 2001; Curley, Ssewamala, and Han, 2010). Saving provides economic security and in the long run helps individuals to accumulate wealth and assets (Clancy et al, 2001). However, for low-income households and individuals, saving becomes extremely hard given that they face economic hardships and survive barely on minimum income and lack of resources (Clancy et al (2001). Such households…

In this paper we provide a general overview of asset misappropriation. We discuss the current state of academic and practical knowledge as it relates to asset misappropriation, including what we currently know about asset misappropriation, what research has been done in this area, what is currently missing from the research, and what additional resources are needed in order to continue to provide high quality research on this topic in terms of the three prongs of the fraud triangle, and then…

communities vs. an asset based community. The article also gives social workers an idea for a better asset-based community development plan. One of the main takeaway points from the article to me is that community development first begins inside the community by its own members. Communities create people and people change the world one good deed at a time so as social workers we need to know how to efficiently help the community help themselves. Asset Based Community In an Asset Based…

Assets School Reflection AM Visit What evidence of student learning and engagement did you observe throughout the day? I observed students being engaged through the day, as teachers made their classes a fun and comforting place to be. For example, I noticed a lot of activities were played. The school day started off with an “Assembly Area.” The teachers I was with had their students play a game in which they were to politely wish each other a good morning, rolling a giant dice to determine who…

Asset misappropriation involves the theft or embezzlement or abuse of an asset of a company for personal use at the company’s expense and is often accompanied by false or misleading records or documents to conceal the abuse. One interesting kind of asset misappropriation that peaked my interest are Ponzi schemes, a kind of pyramid scheme involving fraudulent investment ventures. The recession in 2008 serves as an illustration for the omnipresent nature of the scheme: a lengthy list of Ponzi…

readiness. Strength reporting is turning a by name roster in order to monitor deployable and non-deployable Soldiers, the HR will ensure it goes up the chain of command, and make decisions based on the situations that arise. b. Personnel Asset Inventory (PAI) ensures the accountability of all Soldiers are being maintained correctly. This occurs when there is a change of command within the organization that will involve 100 percent accountability.…

analytical skills in evaluating firms’ asset management and performance. The selected firm from Bursa Malaysia is Tenaga Nasional Berhad (TNB). The asset management and financial performance of TNB is analyzed from the point of view of management, based on the financial statements for years 2005 to 2009. TENAGA NASIONAL BERHAD Tenaga Nasional Berhad or known as TNB is the largest and a leading electricity utility company in Asia which is located in Malaysia. With assets amounted to nearly RM87…