Stock market crash

third-largest bank in Italy. The merger, which will give the combined company a national market share in terms of branches of more than 8%, will take place via the incorporation of a new bank holding in the form of a joint stock company. Banco Popolare shareholders will have a 54% stake in the new company, with current BPM shareholders owning the remainder. Banco Popolare and BPM will transform from cooperative banks into joint-stock companies in line with the provisions envisaged in the reform…

to 2007 Since we aim to compare the causal relationship between stock price and exchange rate before and after the 2008 global financial crisis, we analyze the Granger causality test results in different subperiods separately first. Before the test, we use final prediction error (FPE) criterion to select lag orders. During the pre-crisis period from 2005 to 2007, an optimal lag length of one was selected for all the seven markets. The Granger causality test results for pre-crisis period are…

4. Results and Discussion The general characteristics pertaining to explanatory variables for the banks under study one-year prior to their adoption the social media are presented in Table 2. As expected, the average value of the most of the explanatory variables seems to be different for banks with Facebook adopted and not adopted. 4.1 Survival analysis- Results Kaplan-Meier Nonparametric-Survival Model: In the survival analysis our failure event is the adoption of social media i.e., joining…

Agency or principal-agent problem arises because:  Different interest and principal-agent  Unequal or asymmetric information Principal-agent problem occurs in a number of different business relationships, but is a common problem in large joint-stock companies, because of the separation of ownership from control. Owner-managers to engage shareholders in their name make decisions and manage the company. The owners-shareholders are the principals and managers are agents. Managers are better…

the continuity of the business would be assured even after the death of the shareholders. In the same line, a corporation is in a better position when it comes to raising capital for the business. This can be achieved by selling stock shares and creating more effective stocks. Additionally, due to its independent entity the ownership of a corporation can be easily transferred without interfering with its running (Balotti and Finkelstein 2008). Nevertheless, the following shortcomings are…

different quantities of risks and return when it comes to investment options, three main options are shares, property and superannuation. Shares are more risky than superannuation because superannuation is like insurance whereas shares and property are markets where anything can happen and your money isn’t as safe as superannuation. Shares are one of the most risky types of investments because they can skyrocket or fall drastically in a short period of time, which is dangerous because large…

Security Analysis Common Stock (KS) • Earnings Per Share Earnings per share is the portion of a company’s profits distributed to each share of common stock that is outstanding. Earnings per share is calculated by dividing net income by the number of total shares outstanding (Ross 26). Apple Inc.’s 10-K lists earnings per share in two categories, basic a diluted. Basic earnings per share are calculated by dividing available income to common shareholders by the weighted-average number…

4.4.3 Hypothesis 03 H3: Activity mix impacts negatively on profit. The activity mix significant value is 0.846 with BOC’s profitability, it is not statistically significant. Therefore there is no evidence to accept the H3 and researcher accept null hypothesis. Fee income generating banks are more likely to have a negative impact on banks’ profitability, reflecting more intense of competition on national and international basis. Therefore when BOC shifts from interest bearing to non -interest…

Pocketing the Greens 1. Immediate Issue(s) or Problem(s): Mr. De Guzman, and two other members of the Board of Directors of Cheap Pharma Inc. purchased for themselves the shares of stocks of Green Med that was supposed to be acquired by Cheap Pharma Inc. The case therefore presents a conflict of interest issues involving the three members of The Board of Directors of Cheap Pharma Inc. The chaos brought about by this incident must be solved immediately so as to restore order within the…

The said “discount” price will likely to be diminished over time, especially if Hwang Capital is successful to explore new potential business with the RM 250 million fund. If Hwang Capital finally decides to exit the Malaysian market or not to remain its listing status, it is likely to carry out capital repayment and to go through liquidation exercise for the remaining assets and to return any cash recoverable to the shareholders. Shareholders can still obtain a high return by…