All For One? Currency Fitting with Dollarization
Dollarization can be a double-edged sword. It can provide monetary stability, but in times of crisis, it can also significantly constrain the central bank from lending a helping hand when it’s necessary. Professors Douglas Gales and Xavier Vives provide an ex-ante approach to establish the viability of dollarization for any given economy.
Content: Article | Authors: Douglas Gale, Xavier Vives | Source: INSEAD Knowledge | Subjects: Economics, Finance
The IPO Game – Leading Players and Typical Costs
Financing Challenges and Solutions For Small to Medium-Sized Import Enterprises (.pdf)
Despite recent tariffs imposed by the United States on steel, barriers to international trade in general continue to fall, enabling U.S. importers, among others, to expand their use of low-cost overseas suppliers. But even though Wharton experts characterize today’s global economy as deeper and broader than others in recent history, a GE Capital Trade Finance business leader says that some daunting obstacles remain … [ Read more ]
Content: Article | Sources: GE Capital, Knowledge@Wharton | Subjects: Finance, International | Industry: International Trade
FIGS Cybrary
Log on to this site’s “Global Community” for reports, articles, and news on the link between the finance sector and economic and social responsibility. The site’s databases include information on organizations, individuals, and Web resources dedicated to the field of sustainable finance. Also find descriptions of collaborative projects and a list of job postings. The site is designed to receive submissions from anyone who visits … [ Read more ]
Content: Online Resource | Source: Finance Institute for Global Sustainability (FIGS) | Subjects: Finance, Social Responsibility (ESG)
Ring of Thieves
MCI introduced Walter Pavlo to a world of armed thugs, duffel bags stuffed with cash and phony accounting. Now, sitting in a South Carolina prison, he points a finger back at his former employer.
Content: Article | Author: Neil Weinberg | Source: Forbes | Subjects: Accounting, Finance
Details, Details
Transaction data doesn’t usually play well with others. Here’s how some companies are getting around the problem.
Content: Article | Author: Marie Leone | Source: CFO Publishing | Subjects: Finance, IT / Technology / E-Business
Patently Correct IP Risk Management
Companies that concentrate all of their intellectual asset management efforts on protecting patents from infringement ignore much more costly threats connected to their intellectual property portfolios. The greatest risk is not having an IP management strategy in place – an omission that can lead to loss of market share.
Content: Article | Author: Eric Krell | Source: Business Finance Magazine | Subjects: Finance, Management
Tom Golisano
A long time ago someone told me there would be three factors determining our stock price after we went public. One-third of the price would reflect how well we were doing, one-third how well our industry was doing, and one-third how well the stock market was doing.
Content: Quotation | Source: Inc. Magazine | Subjects: Finance, Market/Investment
B2B Payment Activity Via the ACH Network
SBA Loans: Myths and Realities
By understanding what the Small Business Adminstration does and doesn’t do, business owners can be in a better position to take advantage of this often misunderstood government program.
Content: Article | Author: Carole Matthews | Source: Inc.com | Subjects: Finance, Small Business | Industry: Finance / Banking
Inc.com Sample Financial Projections Worksheet
Value Reporting Framework
Intangibles Impact on IPO Success (research findings)
A recent study of US IPOs from 1986 through early 2000, conducted by Cap Gemini Ernst & Young, found that “new economy” firms that promoted the use of non-financial measures did worse when evaluated by those same measures. This compounds their well-documented failure to provide meaningful financial returns and confirms the importance of identifying, measuring, and disclosing appropriate intangible value drivers.
Furthermore, the study found that … [ Read more ]
Content: Article | Author: Jon Low | Source: CGE&Y Center for Business Innovation (CBI) | Subjects: Accounting, Finance | Industry: Investment Banking
Bet With the Pros
Institutions spend $50 billion a year selecting stocks. Here’s how to tap their knowledge for free.
Content: Article | Author: Ira Carnahan | Source: Forbes | Subjects: Finance, Industry Specific | Industry: Investing
Out of Options
High-tech companies and their investment bankers have a cozy symbiotic relationship regarding stock options. Caught in the crush is a new victim: the worker.
Content: Article | Author: Neil Weinberg | Source: Forbes | Subjects: Finance, Human Resources | Industry: Investing
The Corporate Conundrum – Is It Better To Buy An Asset Or To Lease It? (.pdf)
Today’s CFOs face a unique set of challenges – meeting long-term capital growth needs against the backdrop of a weakened economy in an environment where rapid technological developments can render capital investments obsolete within a few years. As financial institutions continue to tighten lending policies and as corporate boards ponder ways to get the best return on assets (ROA), some businesses have slashed their capital … [ Read more ]
Content: Article | Sources: GE Capital, Knowledge@Wharton | Subject: Finance
Re-examining Stock Options as a Way to Compensate Executives
Now that an underperforming stock market and the excesses of Enron have focused new attention on the use and abuse of stock options as a way to incentivize senior managers, what changes, if any, should companies make in their design of compensation packages? The answer depends on each company’s philosophy and goals, but Wharton faculty and others suggest guidelines to help define the appropriate combination … [ Read more ]
Content: Article | Source: Knowledge@Wharton | Subjects: Corporate Governance, Finance
Federal Offenses
We the people of the United States have a hard time keeping our finances in order. Our corporations may practice the world’s most rigorous financial reporting (some recent debacles notwithstanding), but our government does not. Agencies with such lofty responsibilities as establishing justice, ensuring domestic tranquility, and providing for the common defense have a hard time even producing a financial statement. Those that do produce … [ Read more ]
Content: Article | Author: Tim Reason | Source: CFO Publishing | Subject: Finance | Industry: Government
Derivatives: The Tools That Changed Finance
Content: Book | Author: Phelim P. Boyle | Subjects: Finance, Industry Specific | Industry: Finance / Banking
The Future of the Euro-Dollar Relationship Depends a Lot on the U.S.
The euro, according to international finance experts at Wharton, is doing well. Completing the final stage of its three-year launch on January 1, the euro could, in fact, become an alternative to the dollar as a global reserve currency, or even provide a place of refuge if mounting U.S. debt leads to a weaker dollar. A lot depends on the U.S. economy.
Content: Article | Source: Knowledge@Wharton | Subjects: Economics, Finance