Asymmetry

A firm can finance their investments using two financing types, debt or equity. For more than half a decade, scholars have been debating about the optimal amount of debt and optimal amount of equity that maximize the market value of a firm. Capital structure is defined as the type of the funds, equity capital or debt capital, a company uses to finance its operations and investments. According to a survey among CFOs of 392 companies, only 19 percent of the companies avoid having a target capital…

AN ASSESSMENT OF THE FACTORS INFLUENCING THE UPSURGE OF ISLAMIC BANKING SERVICES IN KENYA. A Thesis Submitted to the University of Eastern Africa, Baraton, School of Business, Department of Management In Partial Fulfillment of the Requirements for the Degree of Master of Business Administration (Finance) Wilson Mauti Ogonda June, 2015 APPROVAL This thesis entitled “An Assessment of the Factors Influencing the Upsurge of Islamic Banking in Kenya” written and submitted by Wilson M…

Merian Gerova Information Systems in Management MGT 305 Dr. Mamad Pourhosseini Is Enterprise Resource Planning (ERP) Valuable System for The Companies Word Count: 3,311 21 June 2012 I. Abstract This paper critically analyses Enterprise Resource Planning (ERP) and the various tools and platforms it offers to the enterprises. This report looks at ERP as strategic management tool that ensures competitive advantage ones adopted. This paper will explore scholarly articles underling…

MULTIFREQUENCY- MULTICOMPONENT TYMAPNOMETRY IN NORMAL HEARING ADULTS Abstract Multifrequency tympanometry refers to testing middle ear function at higher frequency(678,1000Hz) where as Multicomponent refers to measuring middle ear function for various components(Y,B,G). middle ear function varies with frequency and is capable of distinguishing subtle acoustical changes in the middle ear system hence the main application of MFT is in cases with low…

the purchaser has less information than the seller about those goods or services and in particular about the cost to the seller of production. For frequent purchases where the consumer has the possibility of changing supplier, this information asymmetry becomes largely irrelevant; but for infrequent purchases, there are substantial costs to the consumer in acquiring the necessary information. Inviting suppliers to bid for the right to supply reduces those costs. There is anecdotal evidence…

What is Agency Theory? The agency theory is an assumption that explicates a relationship between principals and representatives or agents in the business. Agency theory is conducted to solve problems in the firm or any business activities by mutual understanding between two or more groups or parties when exists any problem from agency relationship due to unaligned goals or varies aversion levels to hazard (Jensen and Meckling, 1976) In addition, Agency theory discourses problems which rise in…

Companies have been running their businesses by using assets, which ever assets are appropriate to generate some form of revenue. This revenue will in turn be used to pay for expenses may incur relating these assets and later used to purchase more assets therefore repeating the process. This cycle has been evident from the dawn on time and as time itself grew older assets would continue to evolve and change in characteristics. Assets can take in many different forms and shapes, which can be…

Abstract The factors affecting the firm’s value been the subject of considerable studies for both academics ‎and professionals, especially how capital structure decision affects firm value in what way and to ‎what extent. However, the overall effect of leverage on firm’s value is still a debatable issue and ‎there is no certainty about it. This research aims to examine the impact of capital structure decision ‎on firm value for firms listed on American stock exchanges and included within S&P 500…

Additionally five value dimensions are found to define the driving intention of participation in a crowdfunding project. 1. Financial Value: It is based on the individual’s return as a result of his/her investment. This is the strongest of all predictor variables. 2. Functional Value: According to the functionality of the project according to the supporter plays an important role in the intention to participate. 3. Social Value: Some people take part in a crowdfunding project for…

Since then twenty new accounting standards were issued by the Ministry of Finance of the Russian Federation aiming to align accounting practices with IFRS. Despite these efforts essential differences between national accounting standards and IFRS remain. Since 2004 all commercial banks have been obliged to prepare financial statements in accordance with both national accounting standards and IFRS. Full transition to IFRS is delayed and is expected to take place from 2011. Singapore: In…