Credit risk management in rural and community banks has become more important not only because of the financial crisis that the world is experiencing currently, but also as a crucial concept which determines banks’ survival, growth and profitability. Because credit granting is one of the key sources of income generating activity in rural banks, the management of the risk related to credit…
The FATS manual is a milestone on the road to EU-wide harmonised Foreign AffiliaTes Statistics (FATS). Its importance becomes even more apparent when we consider the political background to this project. All over the world, ‘globalisation’ is seen as the predominant agent of change and the main policy challenge. At the heart of this complex and somewhat blurry concept, however, lie busi…
This book provides an opportunity to explore the fascinating, underpublicized, and sometimes misunderstood subject of social psychology. In it, twenty-eight intriguing studies that throw light on human social thinking and behavior are reviewed. These studies, mostly laboratory experiments, address topics such as people's unawareness of why they do what they do, the tenacity with which they…
Donor collaboration, cynics sometimes say, is an oxymoron. There is, however, one example of donor collaboration that is still going strong after about 15 years — the Committee of Donor Agencies for Small Enterprise Development. Initiated by the World Bank in 1979, this committee now includes 17 bilat- eral agencies, 15 multilateral institutions, and 2 other interna- tional development …
Forensic accounting–expert witnessing is not a new discipline, but few accounting textbooks exist to present a broad view of the profession of forensic accounting–expert witnessing. Books do exist on special subparts of it, including the determination of damages, business valuations, general dis- cussions of fraud investigations, or other limited areas of forensic accounting. Books dev…
Table of Contents xi On the applied side: Training generalized imitation 307 Focus on issues: Rules, observational learning, and self-efficacy 312 Rule-governed behavior 313 Focus on research: Instructions and contingencies 317 Key words 320 On the web 320 Study questions 321 Brief quiz 322 Chapter12 Verbal Behavior 324 In thi…
Organizations find information security and computer security require a lot of attention. As more and more of our lives and livelihoods become digital and interconnected, protecting that information naturally becomes more important. With increasing importance, these fields relate to a wider audience than the technical folks who manufacture, install, and manage computer resources. Technologists …
The main aim of this book is motivating readers on the potential of mobile clouds for implementing a large number of possible solutions needed or emerging in our present and future mobile and wireless world. Given that mobile clouds as such is a relatively new concept, a complete account of mobile cloud technology is not yet available. The goal of this book is to serve as an inspiring source …
Economic Development, Eleventh Edition, presents the latest thinking in economic development with the clear and comprehensive approach that has been so well received in both the developed and developing worlds. The pace and scope of economic development continues its rapid, uneven, and sometimes unexpected evolution. This text explains the unprecedented progress that has been made in many …
The fourth edition of the United Nations Global Assessment Report on Disaster Risk Reduction is being issued at a pivotal moment for the future of development. In 2015, the global community is aiming to adopt an ambitious set of sustainable development goals and a meaningful, universal agreement on climate change. Disaster risk reduction can play an important role in advancing these agendas th…
In this chapter, we build first a univariate and then a multivariate filtered historical simulation (FHS) model for financial risk management. Both the univariate and multivariate methods simulate future returns from a model using historical return innovations. While the former relies on portfolio returns filtered by a dynamic variance model, the latter uses individual or base asset return …
This book makes an excellent companion to any standard text, or it can be used as a stand-alone volume. It is designed to present the subject in a straightforward, approachable man- ner. Financial accounting is an incremental process. What you learn in earlier chapters is used in later ones. There are no shortcuts to learning financial accounting, but at the same time, if it is taught clearly,…
From all that I have observed throughout the years, whether as President and CEO of companies or as an industry observer, I know you can only ignore the suggestions of Pham’s book … at your own peril. And it’s a heck of a lot less money than getting this same advice from an expensive team of traditional consultants; it’s faster and easy to implement the ideas in this book; and it will h…
Abstract Measuring and managing exchange rate risk exposure is important for reducing a firm’s vulnerabilities from major exchange rate movements, which could adversely affect profit margins and the value of assets. This paper reviews the traditional types of exchange rate risk faced by firms, namely transaction, translation and economic risks, presents the VaR approach as the currently …