Global financial system

The most widely accepted conceptualization of the customer satisfaction concept is the Expectancy Confirmation Theory (alternatively ECT or expectation disconfirmation theory). The structure of this theory was developed in a series of two papers written by Richard L. Oliver in 1977 and 1980. Expectation confirmation theory is a cognitive theory which seeks to explain post purchase or post-adoption satisfaction as a function of expectations, perceived performance, and disconfirmation of beliefs.…

Executive Summary The aim of this report is to give an overview of the law relating to protective costs orders in Ireland while comparing it with the UK and Australia and making suggestions for reform. I consulted several sources in relation to protective costs orders in Ireland, the UK and Australia and found suitable material. In Ireland to date only one PCO has ever been granted . However, PCO’s have also been rejected in this jurisdiction. PCO’s are only granted in cases that are…

Entities), since the risk level associated to the asset is determinant. Based on legal conditions (SFAS 140) regarding the sale and related obligations regarding transfer of risks (as discussed in question 2), a higher risk asset transferred to Doral Financial Corp (or any transferor) should result into a greater substance reaming in the structure. According to the class action against Doral, “It is likely that there were oral agreements or understandings between the former Treasurer and the…

2014; this is the year where PCI DSS really takes off, more and more banks have pushed their merchants to be compliant and certified with PCI DSS although just by answering the Self-Assessment Questionnaire (SAQ). But why suddenly all these banks become so actively engage in PCI DSS? This is due to the card patron especially VISA and MasterCard. After what happen to the infamous Target retailer in early 2014, card brands have been in caution mode and have change their way in allowing entities…

Demonetization As demonetization took place, usage of digital payment methods like e-wallets, e-banking, debit and credit cards have increased and will go on to make a systematic cashless infrastructure; as demonetization came as a shock to Indians. Such a step was taken for taking notice of illegal activities, tax evasion, etc, due to which people were depositing currency notes in bank accounts showing unaccounted income, all of which was subject to higher tax and penalties. 1 Demonetization…

Case Study on Sula Vineyards Business Strategy King's College Submitted by: Somila Koirala IAU ID: 102231 Sula Vineyards Introduction: This case is based on a business in the field of Indian Winery called Sula Vineyards. It was established by Rajeev Samant in October 1998 on his family ancestral land of 30 acres. He was grown up in Mumbai, India. He passed his schooling from Cathedral School and…

prepare the financial forecast that supports the relocation of Motomart closer to the existing dealer, I would not rely on the forecasted data. This is due to the fact that Motomart is essentially a “small fish in a big pond” and their data would be flawed when compared to a large scale of data. In my opinion, both the variable and fixed values need to be properly determined in order to construct any further data regarding the total S-F expenses. As some of the values of the financial data were…

Baring bank was a England merchant bank based in London, and the second oldest bank in the world after Berenberg bank. Barings is one of the most reputable financial institutions in all of the United Kingdom. Baring bank was founded in 1762, Founded in 1762 by the Dutch Johann Baring, who had immigrated to England, Barings formed part of the countryʼs history. Even the Queen of England was among its clients. However, the bank suffered a fall in 1995 after experiencing a loss of £827 million…

Ratios can be used to monitor and interpret financial performance of Saira Computers. Ratio analysis is an effective way to compare overall performance of Saira Computers in the industry. There are three different ratios which are profitability, liquidity and efficiency. Profitability ratio measures how much profit Saira Computers generate, in this ratio, there are three main ratios which are gross profit and this margin measures gross profit of this business as percentage of sales revenue and…

This paper examines the misconception and the false belief of the investor in the game of roulette under the influence of the two theories of probability under behavioural finance: Gamblers fallacy and Hot hand theory. This paper’s first contribution is to identify and outline the existence of this bias belief previously demonstrated and then further demonstrate the existence of the biasness in an individual mindset in the game of roulette. This paper aims to carry out a study to differentiate…