Financial regulation

not always rational in their investment choices. In the literature on sports betting markets, the Favourite-Longshot Bias (FLB) is one of the biases that has been investigated a lot in previous studies. In simple words, this is the term for the financial behaviour…

In general, Accrual accounting in public sector provides better quality financial information, more comprehensive and increase efficiency. This allows a better way of discharging accountability by extending the assessment of financial performance beyond the application of cash and supports a better decision making by internal management by providing information on the full cost of operations and the resources used to deliver services to the public 1-Revenue and Expense Matching The most…

As Tesco's examiners, PWC had an obligation to guarantee that Tesco's records spoke to' genuine and reasonable perspective' of the organisation's undertakings. Since the outrage emerged, PWC's association with Tesco has been raised doubt about for a few reasons. These incorporate: • Length of Relationship • Ex PWC employees in Senior Roles at Tesco These issues are clear auditor independence problems and relate nearly to the risks to auditor autonomy as set out in the IESBA's code of…

Over the past three years, Under Armour’s operating margin has decreased from 11.5% in 2014 to 10.3% in 2015 to 8.7% in 2016. Meanwhile, Nike’s operating margin has stayed somewhat consistent with 13.6% in 2015, 13.9% in 2016, and 13.8% in 2017. Similar to Nike, Lululemon stayed consistent with 20.9% in 2015, 20.5% in 2016, and 23.4% in 2017. This is an indication of the company's profitability from current operations before tax. Each company is looking to improve long-term growth for future…

The biggest problem Reed Supermarket is facing is the loss of their market shares to their competitors who offer similar products for lower prices. The rise of supercentres, warehouses, and dollar stores alike have demonstrated the buying habits of today’s cost-conscious customers. Sales have declined in Reed Supermarkets, the change being -0.05% over five years from 2005-2010 with customers citing high prices as a deterrent. In 2010, a household in Columbus makes an average of 2.1 weekly trips…

The Story Mobile World Investment JSC will expand its business to grocery retailing and international markets. To 2020, the company expects to successfully expand its chain in Laos, Cambodia and Myanmar, meanwhile, increase mobile market share from 30% to 40%. MWG will expand DienmayXANH chain to become the number one consumer eletronics retailer by the end of 2017. In the wake of dirty food situation, in September, 2015, Mr. Tai and his partners launched a new business model in areas not…

This study attempts to address the issues, securities and circulation of money in pawnshops. What is pawnshop? According to Caskey and Zikmund (1990), ”Pawnshops are one of many financial institutions supplying consumer credit, yet they do not compete directly with other financial institution for customers”. It provides variety services such as credit system between the creditor and debtor, mortgage and even money exchange. There are two parties in pawnshops; the lender and the borrower.…

Ⅲ. Consequences: where do companies save money when labor costs rise to the top? Could that be related on a long-term view? a) Manage making and increasing profits despite high labor costs in car industry, especially Toyota Labor cost is never a small part that influences the total cost in manufacturing industry, nor for all the industries. According to the latest EU labor cost statistic report , the labor cost in France (wage + benefits ) has raised from 31.2 euros in 2008 to 34.6 euros in…

Tips for Brick and Mortar Businesses By: Rachel Lions Tips for Brick and All Rights Reserved Cover photo by Andresk8, available under a Public Domain license Copyright © 2015 By: Rachel Lions All Rights Reserved. This book may not be reproduced, transmitted, or stored in whole or in part by any means, including graphic, electronic, or mechanical without the express written consent of the publisher except in the case of brief quotations embodied in critical articles and reviews. Booktango books…

2.1.3 Company size Several studies have reported a negative link between firm size and short run underpricing (Megginson & Weiss, 1991, Ibbotson, Sindelar & Ritter, 1994; Carter, Dark & Singh, 1998). Younger and smaller companies are more underpriced because they are riskier (Ritter, 1984; Ritter, 1991; Megginson & Weiss, 1991). Michelsen and Klein (2011) argue that company size acts as a primary role when the firm was making decision on whether to go private or not. According to the authors,…