Free Essay Examples – Page 2

Investment Decision Analysis and Capital Budgeting

Introduction In making investment decisions, cash flows are considered to be more important than accounting profits. This is from a financial management’s point of view. Any company will invest its finances for the sake of deriving a return, which…

An Abbreviated History of Corporate Governance

Introduction Relationships between companies and their management, shareholders, board members, and other stakeholders are important in defining corporate governance. Globalization has in the recent past led to an intensified emphasis on corporate governance. Most companies are shifting their focus…

Customer Relationship Management in the UAE Banking Industry

Abstract The purpose this study is to developing a framework for customer relationship management (CRM) in the UAE banking industry. The study will focus on the best practice example frameworks from foreign institutions taking into considerations the local conditions…

International Financial Reporting Standards Effects on Business

Introduction The International Financial Reporting Standards (IFRS) is a principal set of bookkeeping standards adopted by nations worldwide. IFRS was established by the International Accounting Standards Board (IABS). This is an international standard for the preparation of financial statements…

Factors of Business Performance at Singapore Airlines

Introduction The late 1940s marks the beginning of growth of Singapore Airlines that was a result of joint venture between the Malaysian government and businesspersons in Singapore. According to Singapore Airlines (2011), “the partnership between Malaysia and Singapore in…

Investments and Managed Funds in the Australian and Global Markets

Expected (average) return The expected return is the “estimation of the value of an investment, including the change in price and any payments or dividends calculated from a probability distribution curve of all possible rates of return” (Davidson, 2011).…

“Process Outsourcing Benefits” vs. “Fair Exchange”

The following essay is a comparison of the article “Process Outsourcing Benefits” written by Duran and Duran and the article “Fair Exchange: Who Benefits from Outsourcing?” written by Barrera. The articles talk about the outsourcing of services by companies…

Effects of Pegging the Saudi Riyal to the Dollar

Saudi Arabia presents an important case for studying inflation as the country has an extremely open economy with almost no restrictions on the movement of funds and goods. As the Saudi government undertook an ambitious project of boosting up…

The Basel 3 Standard Is the Basis of Framework

Introduction On 1st June 2011, the Basel III standard was finalized, which is the basis for a regulatory framework aimed at ensuring that in future global banks have adequate capital as this is a critical step in averting a…

Whats Acquisition Refers in Firms or Mergers Fail

Introduction Acquisition refers to buying another firm so as to add to the firm’s strengths and also reduce its weaknesses (Henry, 2002). The merger is the same as an acquisition but it mostly refers to the process of combining…

Function and Operation Foreign Market in Australia

An exchange market is literally a place where money is traded and the exchange rate is determined for different currencies in the world. The main function of the foreign exchange market is to determine the prices at which goods…

Stock Market Investment: Meaning, Principles and Impact

What is the stock market? When a company needs to raise money, it has two options: it could either borrow money, or sell part of its shares in the stock market. Borrowing money is known in economic circles as…

The Monetary System of the United States

Every country has a monetary system that is put in place by the government. A monetary system refers to a set of mechanisms that are put in place by the government in order to supply money or provide cash…

Personal Finance – Corporate Taxes

Introduction The current US tax system requires that corporate be taxed 35 percent, though most corporate manage to go around this figure by maximizing on the international tax loopholes. This may not be a bad thing, since such high…

Financial Ratios and Their Meaning to Investors

In recent decades, creditors and investors are increasingly relying on financial ratios released by firms to analyze fundamental information about the organizations’ financial position, performance and health (Malikova & Brabec, 2012). This paper evaluates four financial ratios, namely asset…

United States Dollar (USD) Overview

The US dollar has been in circulation since the 1600s before America became the United States. When the dollar first started circulating, the United States was still a collection of colonies that relied on various monetary standards. Nevertheless, the…

Redbox Company’s Situational Analysis

What is Redbox? Redbox is a company that specializes in the provision of rental DVDs, video games, and Blue-ray discs. The company sells its products through automated rental kiosks. In 2010, the company was ranked as fastest growing rental…

The Pyramid of Corporate Social Responsibility by Carroll

Introduction This review gives a summary and evaluation of the article “The pyramid of corporate social responsibility: Toward the moral management of organizational stakeholders” by Archie B. Carroll. This article provides a better understanding of corporate social responsibility (CSR)…

Stock Market Efficiency Concept

Background to Study The efficiency of stock markets is an issue that elicited massive research for several decades as investors try to find ways of maximizing the value of their money in the securities exchange market. While a section…

Credit Crisis and the Financial Market Liquidity

Executive Summary The primary goal of the paper is to understand the influence of the credit crisis on the financial market liquidity. In this instance, its impact on the inactivity of the debt markets, interest rates, and IPOs were…

Multiple Regression Analysis

The model summary (Table 1) presents relevant coefficients, which describe how the regression of the model fits the data analyzed. From the table, it is evident that the independent variable, salary per day, and the independent variables, namely, attractiveness,…

A Balanced Economic Growth

Introduction The term ‘balanced economic growth’ denotes an economic state where a developing country’s investments in various sectors are sustainable. The microeconomic theory of any firm assumes that balanced economic growth can be related to supply-side policies, factor inputs,…

Behavioral Finance and Better Investment Decisions

Decision-making process entails handling complex situations. Kahneman (1982) describes it as a cognitive practice to prefer an alternate among numerous potential substitute scenarios. Decisions cannot be made by entirely depending on one’s resources. According to Kahneman (1982), failure to…

Market Analyses for Business

Introduction: Market Characteristics The market in question can be characterised by rather high rates of saturation. A closer look at the existing large companies and the competition rates will reveal that our company will have to operate in an…

Comparison of Financial Markets Between Oman and Saudi Arabia

Financial markets of Oman and KSA As an integral part of global economy, the uncertainties in the Europe and the USA have seriously impacted the financial market trends of Saudi Arabia and Oman along with their stock market, although…

Capital Budgeting Techniques

Introduction “Capital budgeting is a planning process used to determine whether an organization’s long term investment projects are worth the funding of cash through the firm’s capitalization structure (debt, equity or retained earnings)” (Gervais, Heaton & Odean, 2011, p.…

The Capital Budgeting Decision: Overview

Important consideration The basic considerations in capital budgeting decisions are: Time value of money: According to this factor, a dollar received today is valued highly compared with a dollar to be earned in the future (Bierman & Smidt, 2007).…

Cost Management: The Operating Budget

The operating budget is a management tool for controlling the financial aspects of a firm. Although organizations prepare operating budgets annually, they can breakdown the budget preparation into either monthly or quarterly stages. The operating budget contains the revenues…

Alrajhi Bank Financial Analysis

Introduction Financial analysis involves the assessment of performance of a business. A business in this case can be a company, a firm, a corporation or a financial institution. In this paper, the aim will be to analyze the financial…

The Federal Trade Commission (FTC)

Abstract The report offers the general idea and understanding of an administrative agency at the federal level. The Federal Trade Commission (FTC) has been used the case study. The report discusses the meaning and purpose of creating an administrative…

Monetary Policy and Managed Liquidity

Introduction Financial crises are some of the worst intractable global occurrences. The crises always differ in scale but rather exhibit similar effects on the affected populations and economies. The Global Financial Crisis (GFC) is arguably the most infamous financial…

The Coca-Cola Company: Valuation Project

Executive Summary The treatise estimated the present value of Coca-Cola Company. Coca-Cola Company is a multinational company that operates in the beverage industry. An overview of the financial statement shows that there was a general improvement in the financial…

CVP Income Statement, Break-Even Analysis, and Sales Mix Study

Essential features of a cost-volume-profit income statement The cost-volume-profit income statement is critical in the decision-making of a business. This type of income statement differs from the other type of statements used to report profits. This statement of income…

Financial Performance Comparison of Islamic and Conventional Banks in UAE

Dubai Islamic Bank Financial Analysis for the Fiscal Period that Ended on 30 September 2012 in AED’ 000. Liquidity Ratios Current Ratio = Total Current Assets / Total Current Liabilities Total current assets=93,050,371 Total current liabilities=70,490,459 Current ratio=93,050,371/70,490,459=132% A…

Investment Project Dell and Lenovo Stock

Meeting Investment Prerequisites The decision to invest this money will be based on a carefully planned framework to provide concepts, tools, and techniques necessary to achieve financial and investment goals. The investor will clearly define and meet the investment…

The Financial Crisis

Introduction Numerous studies have put forward the government housing policy as the main cause of the 2008/2009 financial meltdown. In essence, the entire crunch occurred due to several factors, which were not addressed in time. For instance, the moves…

Money Market Mutual Fund

Introduction Money market mutual fund refers to a mutual fund required by law to facilitate investments in low risk securities. The fund cushions investors from losses that result from credit, market and liquidity risks. Evidently, most companies prefer using…

Financial Analysis of Burger King

Industry and company strategy analysis Burger King is the second largest fast food restaurant after McDonalds. The company is incorporated in the United States. The company has about 12,700 outlets in 73 outlets. It is a public company that…

Country Risk Analysis – UAE

Introduction The country risk analysis involves an evaluation of economic, political, and business risks of a particular country which may pose a significant influence on businesses. The county risk analysis is conducted to find out the risks associated with…

The Customer Relationship Management in the Banking Industry in UAE

Introduction Over the years, the banking industry has evolved to adapt to changes brought about by technological advances. The internet provided one such opportunity for the banking industry to develop e-commerce. Customers are increasingly demanding for managed relationships. E-commerce…

Apple Inc. International Strategy: The Context of International Business

Company overview Apple Inc. is a publicly listed American multinational company specializing in the production of high technology electronic products, computer hardware, and software (Apple Inc. 2010). Under the electronic hardware category, the company products include personal computers, media…

Microfinance in Islamic Banking

Introduction The core aspect of microfinance focuses on providing funding opportunities through loans or grants to marginalized people for investment into income generating activities and therefore, they become self-reliant (Rahim & Rahman, 2007). Many institutions, including the World Bank…

Financial Statements: Comprehensive Study in Accounting

Four Basic Financial Statements Financial statements are the basic means of communicating crucial accounting information about a corporation to interested parties. The four main financial statements include the income statement, balance sheet, statement of cash flows and statement of…

The Internet and Social Media Impact on the Sports Industry

Introduction The sporting industry is one of the fastest developing industries in the world. According to Kaser and Oelkers (2008), sports have been considered as entertainment other than investment. Sports have been in existence since time immemorial. This scholar…

Financial Analysis of ExxonMobil

Assets The total assets of the company increased from $331,052 million in 2011 to $333,795 million in 2012. The increase in total assets amounted to $2,743 million. This is equivalent to a 0.8286% increase. The table presented below shows…

The Principles of Islamic Banking

Several scholars have tried to understand customers’ preferences in selecting the banks (Islamic as well as conventional) to deal with. Different customers have different perspectives about Islamic banking, but the general idea remains the same. Such preferences differ from…

Process and Product Design

Customer needs Customer needs were put into consideration so that the product could have good sales. The needs were considered because all products are aimed at meeting customer needs (Lawson 2006; Lin, Wang, Chen & Chang, 2008; Sundin &…

Islamic Financial System

Introduction Islamic finance is a financial system governed by the rules of the Holy Quran. According to its teachings, the only trustee of Allah’s wealth is human and, therefore, should be managed according to his commands. Islamic banks have…

The Modern Portfolio Risk Analysis

Portfolio risk A portfolio represents a combination of financial assets like bonds, cash equivalents, stocks including closed fund and mutual exchange equivalents. Although portfolios are in the hands of investors, they are managed by professionals operating within the financial…

The Ways in Which Banking Firms in the UK Control Economic Activity

Banks are the financial institutions that provide services of currency exchanging, deposits and other lending activities (Cecchetti & Schoenholtz, 2011). They are also responsible for portfolio management. In England, banks do not play a part in the determination of…

The Hershey Company Analysis

Company Profile The Hershey Company is considered to be one of the leading chocolate and non-chocolate confectionery companies based in the US. The company’s head office is located at Hershey, PA. It has a corporate history of more than…

Financial Crisis Impact on Saudi Market

Abstract The financial crisis caused by the subprime house mortgage loans and several other financial and economic causes has had a severe negative impact on almost all the economies of the world. Banking and financial services were the worst…

Islamic Banks and Conventional Banks in Malaysia Comparative Study

Introduction Two main types of banking models exist in the banking sector, viz. the conventional [commercial banks] and the Islamic banking patterns. Commercial banking operates based on a pure financial intermediation model. Consequently, the banks borrow from savers and…

International Finance Test the PPP Theory in Turkey and USA

The aim of the essay is to statistically test the PPP Theory. The theory is tested on the monthly inflation and exchange rate data derived for two countries, Turkey and the USA, from the OECD database (OECD). A simplified…

Analyses Al Hilal Bank as the Case

Executive Summary Islamic banking continues to be amongst the fastest expanding financial institution within the UAE banking industry. The fact is that Islamic banking has continued to operate for approximately over thirty years particularly in the Middle East. In…

IT Strategic Plan for Wal-Mart

Abstract Wal-Mart is regarded as one of the biggest and most popular companies in the world (Basker, 2007). The company specializes in the retail industry and has stores across the United States. Wal-Mart Stores’ management is organized into three…

Capital Asset Pricing Model

Introduction The Capital Asset Pricing Model (CAPM) specifies the relationship between risk and the required rate of return on assets when they are held in well-diversified portfolios. It assumes that investors are rational and they choose among alternative portfolios…

Financial Analysis of 3D Systems Corporation

The reported financial statements of the company do not give an in depth view of the financial strengths and weaknesses of the company. Further, the reported statements may not allow users to compare the results of the company with…

Multinational Corporations’ Strategies

Executive Summary Multinational corporations are known all over the globe because of their strong presence in almost all the continents. However, penetrating these markets has not been an easy ride for these corporations. Due to these obstacles, multinational corporations…

Asian Financial Crisis and Its Effects

Executive Summary The global economy has proved that countries are interdependent and not closed economies. Thereby, the economic advancement of one country often depends on how a given country interacts with another country. Investors who have embraced capitalism and…

The Accountant’s Role in the Organization

The single biggest positive impact that accurate accounting can have on an organization In cost accounting, accountants have the role of planning, designing, and controlling strategies that assist in making quality decisions on costing, pricing, budgeting, inventory management, and…

Wal-Mart: The Stock Price Performance

Introduction Wal-Mart is a US-based public limited company that runs several discount stores across the globe. The retail store giant was started in 1962 and by 1972; its shares were floated on the New York stock exchange (Soderquist, 2005,…

Banking Industry and Bank Analysis and Forecast

Introduction The latest economic crisis that resulted from a subprime crisis showed how several factors could affect the ability of banks to maintain their finances under stress. The consequence of an increase in the U.S interest rates and the…

Retail Industry Analysis

First, we have oil prices. Since Saudi Arabia leads in the production and exportation of oil, the Saudi economy can easily be affected by any fluctuations in oil prices. Apart from affecting the nation’s economic growth, the effect will…

Islamic Banking in Malaysia and Lessons for Other States

Introduction Islamic banking has nowadays become a viable alternative to conventional banking system for believers and non-believers of Islamic faith. Islamic banking system was initially developed to cater for the needs of Muslims. However, it has expanded to provide…

Human Resource Information Systems

Introduction Human resource management entails overseeing the recruitment of employees and once they have been brought on board their performance has to be monitored. The performance of an employee is gauged by looking at their output. Human resource management…

Individual Team Reflection

Introduction In our lives, we are faced with many scenarios where we have to work as a team. In this team environment, the individual members have to carry out various tasks so as to achieve predetermined goals. Recently, I…

Risk Management in Islamic Finance

Introduction Islamic finance is one of the most effective financial organisations whose services and practices are characterised with high level of efficiency and effectiveness. The Islamic finance involves the process of restructuring the financial transactions in effort to satisfy…

Audit Risks and Materiality: Financial Audits

Audit risks and materiality have a significant effect when applying the Generally Accepted Auditing Standards. It is risky that an auditor may not appropriately modify his or her opinion because of material misrepresentation of financial statements by the client.…

Economics: Theory of National Income

A country’s national income is used to measure the goods and services produced within a period of one year. The theory of national income illustrates how wealth flows within an economy. In addition, the theory of national income can…

The Tiger Economies: China and India

Principle Since the early and mid 19th century economic recessions, few countries have been able to enjoy fully the proceeds of economic well being. Those that have achieved industrialization are a home for less than a fifth of the…

Meaning and Difference Between GDP and Gpi

Introduction In the early 1990s, it was believed that in human development and ecological economic growth the supply of money was reflective of loss in well-being. To calculate a country’s growth trend, one has to get the calculations that…

Public Finance: The Designing of Tax Systems

Introduction In many countries, taxation forms a single leading source of government revenue for funding national budgets. Other non-tax revenue sources such as foreign grants play a comparatively less significant role in sustaining public budgets than the role played…

The Financial Statement Analysis CTY and TRS

Executive Summary This report presents the financial statement analysis for Country Road Limited (CTY) and the Reject Shop Limited (TRS) for two financial years alongside other significant information from the stock markets such as the stock price movements. Based…

Australian Economy: the Potential of the Gold Market

Executive summary The recent uncertainties experienced by the financial markets have seen many investors shift their wealth from riskier investments to more secure ones where returns are guaranteed and predictable. The prices of stocks have declined with investors incurring…

The Definition and Role of Inflation

Introduction Inflation is known to affect the economic climate of a country. This could be short-term or long-term, depending on the level of intervention and other economic forces. If not properly dealt with, it could undermine the economic growth…

Factors Influencing Exchange Rates

Introduction An exchange rate is a rate at which one country trades against another on the foreign exchange market. For example, if the United States exchange rate for the Canadian dollar is $1.55, this means that one U.S. dollar…

Financial Statement Application: Balance Sheet

Introduction Accounting majorly involves the preparation of financial reports which form the basis of the organization’s data to rely on when making decisions. Some of the commonly prepared financial reports include budgets, cash books, cash flow statements, income statements,…

Investment Opportunity: Financial Statement Analysis

Introduction Every organization aims to maximize profit while minimizing costs. The operations of an organization in each business environment are aimed at ensuring that the organization achieves its objectives. The financial performance of an organization is important for investors.…

International Finance and Globalization

Introduction The demise of the Cold War in the 1990s was followed by a reaffirmation of ideals, principles, and values of liberal democracy courtesy of some western countries led by the United States and its allies. Capitalism and its…

Recent Developments in the Banking System Regulation

Introduction UK banking system, as is the case with the entire global banking industry, is progressively recovering from the global economic turmoil which started in 2007. The economic crisis affected UK banks in varying degrees depending on a myriad…

International Finance

Impacts of Capital inflows on Emerging markets Capital Inflow is the actual increase in the available funds from foreign sources to aid in foreign development. It has led to international globalization where thus facilitating capital mobility from developed nations…

Corporate Governance Prevention of a Financial Crisis

Introduction The recent financial crisis has put the issue of corporate governance under more scrutiny. Businesses have expressed their intention to realign their activities and functions in order to survive financial crises while governments have come together to seek…

Crisis Management and Its Relevance in Organizations

Aim of dissertation This dissertation is an exploratory research on crisis management, whereby the work aims on illustrating the rationale of crisis management and its relevance in modern organizatnios. The study also aims in explicitly defining the term crisis…

Australian Market and Financial Crisis in 2008 and 2009

Introduction Stock markets are usually considered as the main indicators of the investor’s trust and interest in the country’s economy as well as the importance of how a country can facilitate its investors and businessmen to develop a healthy…

Corporate Financial Management: Project Management

The capital budgeting process involves project generation, process evaluation, project selection, and project execution. These steps are necessary but more may be added to make the process more effective. It can be well appreciated that the capital budgeting process…

Accounting: Debt Finance

Introduction Businesspersons, both in large-scale and small-scale businesses are constantly looking for capital to finance their operations. Other than owner’s capital (equity), there are a number of institutions offering debts to businesses; financial institutions, microfinance organizations, and government loans…

Management’s Dividend Policy

Czinkota (2007) emphasized the company’s dividend policy affects clientele investment options and is relevant to the shareholders’ tax obligations. The research focuses on the company’s dividend decision as one of the critical aspects of management’s financial activities. The research…

International Trading System. Multinational Enterprise

International trade refers to business that takes place between various countries on the international arena. The international trading system was established to ensure that all the countries that participate in international trade benefit evenly from the trade. International trade…

Budgetary Control and Planning

Introduction There are many uncertainties that prevail in the business world and therefore, for managers and stakeholders to compete favorably or spend wisely in the rapidly shifting conditions, they need proper tools and proven budget control techniques to predict…

Banking: Customers and Their Needs

The popularity of online banking in the UK has been increasing drastically in recent years. It is estimated that 41.4 million regular users of the internet use online banking (UK payments Administration 2011, p. 12). Financial institutions have embraced…

Banking Crisis. Policy-Making Points

Introduction As the world economies recover from the just ending financial crisis, the United States of America seems to have carried the largest burden with the collapse of major financial institutions, for example, the Lehman Brothers. While many attest…

Saudi Arabian British Bank Analysis

Introduction The abbreviation SABB Bank stands for the Saudi Arabian British Bank which is a joint stock company that was established in the year 1978. The bank officially took over the operations of the British Bank which had established…

Global Effects of U.S. Financial Crisis

Introduction Economic problems in general and financial challenges in particular are not new on the world stage. It is difficult to imagine of a point in time when there is no country in the world experiencing economic difficulties. Even…