The study carried out an empirical investigation into the quantitative effect of credit risk on the performance of commercial banks in Nigeria over the period of 11 years (2000-2010). Five commercial banking firms were selected on a cross sectional basis for eleven years. The traditional profit theory was employed to formulate profit, measured by Return on Asset (ROA), as a function of the rati…
Financial accounting is concerned mainly with the historical aspects of external reporting, that is, providing fmanc :ial information to outside parties such as investors, creditors, and governments To protect those 01 itside parties from being misled, financial accounting is governed by what are called -^- ---11.. ^^^^_d C;eneruLiy uLc.epied accounting principles (GAAP). Management accounting,…
When preparations for the German edition were complete, the prospect of an English translation lay in the far distance. at it would come about so quickly, only shortly after the German edition’s appearance in , is owed to our friend and mentor, Hans-Hermann Hoppe. He not only lent his support and good counsel in the case of the first German edition— now in i…
The last half-century produced substantial advances in the treatment and early detection of a few types of cancer and at least modest gains in many others. Yet the reality is that at the beginning of the twenty-first century, half of all patients diagnosed with cancer will die of their disease within a few years. This translates into more than half a million people each year in the United Stat…
The purpose of STATISTICS FOR BUSINESS AND ECONOMICS is to give students, primarily those in the fields of business administration and economics, a conceptual introduction to the field of statistics and its many applications. The text is applications oriented and written with the needs of the nonmathematician in mind; the mathematical prerequisite is knowledge of algebra. Applications of d…
An understanding of the principles of book keeping and accounting is essential for anyone who is interested in a successful career in business. The purpose of bookkeeping and accounting is to provide information concerning the financial affairs of a business. This information is needed by owners, managers, creditors, and governmental agencies.
Issues such as those currently faced by Apple are the focus of strategic management because they help answer the key question examined by strategic management—“Why do some firms outperform other firms?” More specifically, strategic management examines how actions and events involving top executives (such as Steve Jobs), firms (Apple), and industries (the tablet market) influence a f…