Finans og regnskab

This book gives an overview of the most common techniques used by analysts and experts to assess and value banks in all phases of a Bank¿s life, from licensing to resolution. These include licensing procedures, going concern market valuation techniques, liquidation, and resolution methodologies. The author sheds light on financial institutions¿ reporting and financial statements and explains how to interpret the data. Special attention is given to the different valuation approaches for financial institutions ranging from the basic PE and PBV methodologies to the more sophisticated ones such Discount cash flow (DCF), Dividend discount model (DDM), excess return models (EVA), and their variant, the warranted equity value (WEV) method. The authors also illustrate how to build a sum-of-the-parts model (SOTP) and how to treat capital in the process as well as developing a bottom-up approach for the cost of equity. The book provides numerous real-world examples which will hopefully help practitioners build their own MS Excel models. Furthermore, this publication investigates some of the critical aspects of banking M&A and its valuation implications.This book also takes a deep dive into valuation for Banks in gone concern status, describing the basis for three different types of valuation of Banks in resolution: to inform a decision on whether to put a bank into resolution; to inform the choice of resolution tools and the extent of any bail-in of liabilities; and to determine whether any creditors would have been better off had the bank gone into insolvency. Special attention is given to the valuation of non-performing loans (NPLs) and financial assets focusing on some operational aspects of winding-down a bank¿s loan and trading book portfolio.

Mit dem näher rückenden Ende der ersten EEG-Vergütungsphase stellt sich für eine Vielzahl der Betreibenden von landwirtschaftlichen Bestandsbiogasanlagen die Frage nach geeigneten Konzepten für einen wirtschaftlichen Weiterbetrieb. In dem Band werden die relevantesten Folgekonzepte ermittelt und in Zahlungsstrommodellen dargestellt. Um einen möglichst hohen Erkenntnisgewinn über die Folgekonzepte für die Fortführung der Stromerzeugung und Biogasaufbereitung und die damit zusammenhängende Investitionsentscheidung zu erlangen, werden verschiedene Verfahren der Investitionsrechnung angewandt.

Ethical finance involves financial practices that consider environmental, social, and governance (ESG) factors affecting a borrower and/or its assets. This approach extends beyond traditional financial metrics, aiming to align investments and lending with principles promoting sustainability, social responsibility, and effective governance.While previously confined to specialized finance providers and investors supporting environmentally or socially focused enterprises, this paradigm has shifted into the mainstream. According to the Global Ethical Finance Forum, the management of ethically driven assets worldwide has exceeded $27 trillion, indicating a growing recognition of the importance of integrating ESG factors and values into financial considerations.Individual and professional investors increasingly acknowledge the pivotal role played by ESG variables in determining risk and reward. In the evolving landscape of investment and finance, ethical standards have become the norm, offering crucial safeguards for informed investment and finance decisions. Instances where funds and lenders are perceived to neglect appropriate ESG considerations in their decision-making processes now face heightened scrutiny and questioning.The Emerald Handbook of Ethical Finance and Corporate Social Responsibility: A Framework for Sustainable Development presents a novel perspective on ESG considerations and the implementation of Corporate Social Responsibility (CSR) for sustainable development. This approach carries global and enduring implications.

We've laid down the foundations and educated you in the art of setting realistic financial goals, having demystified financial jargon and outlined the key pillars of investing along the way. Now it's time to put your money where your mouth is.If you are looking to save for rent, make a first deposit, or simply invest in a better future for you and the planet, this financial planner contains all the practical steps, goals, and budgeting exercises you need to start building that "f-you" fund and finally get excited about your financial future.Even if you only have a tiny savings fund to begin with, you too can live a rewarding, limitless life by investing in yourself and this book.This planner includes:A guide to setting your savings goalsA monthly to-do list to help you reach your targetsSpace for taking notes and reflecting on your progress

In today's business landscape, companies compete more and more as integrated supply chains rather than as individual firms. The success of the entire supply chain determines the economic well-being of each company involved. With management attention shifting to supply chains, the role of management accounting naturally must extend to the cross-company layer as well. This book demonstrates how management accounting can make a significant contribution to supply chain success. It targets students who are already familiar with the fundamentals of accounting and want to extend their expertise in the field of cross-company (or network) management accounting. Practitioners will draw valuable insights from the text as well. This second edition includes a new Chapter on Digitalization and Supply Chain Accounting, as well as new opener cases to each chapter that provide real-world examples.Additional questions via app: Download the Springer Nature Flashcards app for free and use exclusive additional material to test your knowledge.

In the complex web of international finance, there is one organization that stands out as a towering colossus: BlackRock. "BlackRock Chronicles: Unraveling the World's Investment Dynamo" is a gripping investigation that unravels the compelling story of BlackRock, the financial juggernaut that has altered the landscape of asset management. This story is revealed in "BlackRock Chronicles: Unraveling the World's Investment Dynamo," which is a compelling book. This chronicle begins at the beginning, with the establishment of BlackRock, and it weaves a narrative that reveals the founding ideals and earlyproblems faced by the visionaries who were responsible for the birth of this financial giant. As the readers delve deeper into the history of BlackRock's investment philosophy, they get a front-row seat to the institution's transformation into a company that has become synonymous with innovation and adaptability. This narrative does an excellent job of profiling the major founders and executives who have been responsible for guiding BlackRock along its path. Leadership is an essential component of the BlackRock adventure. This book dives into the company culture that was developed by these visionaries and investigates how their leadership has been an important factor in propelling BlackRock to its current position as the largest investment manager in the world. Beyond the company's balance sheets and market analysis, "BlackRock Chronicles" examines the investing methods that have contributed to BlackRock's remarkable level of success. Readers will obtain an understanding of the strategies that have contributed to BlackRock's status as an industry behemoth. These strategies range from diversification strategies to the ground-breaking technical backbone known as Aladdin. The story explains the Aladdin effect and reveals the power of this technological marvel that has become essential to the operations of BlackRock as well as the wider landscape of investment management.However, this is not merely a recounting of BlackRock's financial prowess; rather, it is an investigation into the company's human dimension. The book offers an insight into the workplace culture, values, and the institution's commitment to professional growth through employee viewpoints as well as interviews with key figures in the organization.As the story progresses, the reader is provided with an outlook of the future trajectories that will be followed by BlackRock. What does the horizon hold for this investment powerhouse, and how will it affect the competitive environment of the global financial sector? These are questions that are answered in the concluding chapters, where the reader will also find their predictions, prospective difficulties, and potential chances for the future. It is not just a story about money; rather, "BlackRock Chronicles: Unraveling the World's Investment Dynamo" is an enthralling trip through the corridors of power, creativity, and influence that have characterized BlackRock's legacy in the world of finance. Those who are interested in understanding the complex dynamics of contemporary finance and the indelible mark that BlackRock has left on the international scene should read this chronicle as soon as possible.

This book explores several challenges facing FinTech in Islamic financial institutions. Firstly, large banks and financial institutions in countries with updated and innovative technological channels will earn the technology arbitrage from FinTech. This 'size' puzzle may create a challenge for Islamic financial institutions that are of smaller size and from technologically less-developed countries. Secondly, while access to FinTech is getting broader day by day, usage of FinTech is still limited due to personal and governance-related limitations. Moreover, the level of awareness of the emerging FinTech services (i.e., bitcoin, blockchain, etc.) remains extremely poor even among the residents of technologically-advanced countries. Thirdly, use of FinTech by Islamic financial institutions is limited to Islamic banking, to users from developed countries, among young customers, and for a limited number of traditional banking services such as the deposits and payment services. Also, banks hope to use FinTech to increase the size of a new breed of technology-savvy depositors and loan customers to achieve economies of scale, which may help stabilize the banking sector. Automation in Islamic banks and the participation of Islamic financial institutions in blockchain and bitcoin domains require extensive research from Shariah-compliance as well as market and consumer-related grounds. With all the opportunities and challenges of FinTech-promoting inclusion, easier loan monitoring, and risk of Shariah non-compliance-this book explores the implications for Islamic financial institutions and will be of interest to scholars, researchers, and students of Islamic finance and financial technology.

This book examines the role of government fiscal and non-fiscal incentives in spurring innovation and entrepreneurship in developed and developing economies. It explores and examines the role of government programs in different stages of firm growth pre-startup, startup, and scale-up. By developing a theoretical framework and reviewing international evidence, the book identifies the best combination of government incentives to stimulate innovation and entrepreneurship, and provides concrete policy recommendations for decision-makers. Some of the issues tackled in this book include national innovation policy, innovation support programs, effectiveness of the support, challenges associated with the programs, risk-sharing and partnerships for innovation. This book is of interest to academics, students, practitioners, policymakers, governmental and non-governmental organizations as well as other stakeholders who wants to be informed about the challenges, progress and current trend in stimulating innovation and entrepreneurship.

Kryptowerte wie der Bitcoin stellen ein neuartiges Phänomen dar, welches vor allem in rechtlicher Hinsicht zahlreiche Fragen aufwirft. Die vorliegende Arbeit erforscht nach Erläuterung der technischen Grundlagen der Blockchaintechnologie die währungs- und aufsichtsrechtliche Einordnung von Kryptowerten am Beispiel des Bitcoin. Im Mittelpunkt der Arbeit steht dabei die Untersuchung der Frage, ob sich der börsliche Handel mit Kryptowerten unter bestehende rechtliche Strukturen fassen lässt. Zudem wird die Erfüllung von solchen Börsengeschäften mit Kryptowerten untersucht.

This volume is a collection of empirical and theoretical research papers regarding Economics, Public Finance and Business written by researchers from several different universities. The studies include a wide range of topics from issues in Economics, Public Finance and Business. The book is aimed at educators, researchers, and students interested in Public Finance, Business and Economics.

The book explores current characteristics of the urban built environment in view of possible future transformations. A cross-reading analysis of existing public social housing buildings is proposed, based on the investigation of their architectural, structural, and energetic characteristics. The study aims to provide an integrated approach that captures the link between typology, construction, and energy demands, offering a key to understanding the main critical issues and transformation readiness. It focuses on large-scale interventions composing public social housing stocks, realized during the second half of the twentieth century. More than other public interventions, such building stocks clearly lack in meeting current housing needs such as modern apartment architectural layout, energy and structural regulations, and social mix. However, due to their numerical presence, strategical and widespread distribution across urban areas, and transformability, these buildings can bethe target for future strategic regeneration projects. In particular, the book thoroughly investigates the social housing estate constructed in Rome (Italy) after the approval in 1964 of the first urban economic and social housing plan.

This book provides systematic comparative research of antifraud laws and context at EU countries using a Artificial Neural Network (ANN) model to predict illegal activities in ERDF and CF. It also details a map of corruption risk with the goal of  reducing corruption and fraud in the management of European Regional Development Funds and Cohesion Funds through the incorporation of adequate measures and strategies derived from the resulting of EUMODFRAUD EU Project. The authors analyse the specific situations, observe the risks and finally, propose an innovative method that allows predicting fraudulent acts, which will be of interest to both academics, researchers, and policy makers in financial services, public finance, and financial crime.  

This book is about the establishment of the Insolvency and Bankruptcy Code, in 2016, one of the most important new developments in Indian commercial law. The law has major implications for firms, their creditors, and a variety of the professional services that feed into the decisions of borrowers and lenders including lawyers, accountants and valuers. A new profession of insolvency professionals has come to exist owing to the law. There are several questions about bankruptcy reform in the mind of researchers, policy makers and practitioners. How has the reform progressed? How has it reshaped the incentives of firms? What are the difficulties faced? What are the optimal paths for borrowers and lenders and their advisors under the rubric of the law? How should laws and institutions be modified? The book has a unique set of chapters, by key people who have shaped the field which offer novel insights into these questions.The book has been edited by key people who have worked on bankruptcy reform since 2010. Dr. Sahoo has been the chairperson of the Insolvency and Bankruptcy Board of India since the establishment of this regulatory agency. Dr. Thomas was a member of the Bankruptcy Law Reforms Committee which drafted the IBC, and led the internal team of the BLRC which drafted the law. The book is an authentic and credible analysis of the happenings in the Indian insolvency and bankruptcy ecosystem from the start, with interest areas for international and domestic, economics/finance and law, researcher and practitioner communities.

This book is the fourth volume of Social and Economic Studies within the Framework of Emerging Global Developments. It includes empirical and theoretical original chapters written by researchers from different countries and universities. The target audience of this book is researchers, students and academics who are interested in social and economic studies.

Wie faszinierend die Welt der Derivate und die damit verbundene, angewandte Mathematik ist, kann man im Fachgebiet des Financial Engineerings entdecken. Es ist ein spezieller Teil der Finanzwirtschaft, in dem die Grenzen zwischen Mathematik, Modellkunde und derivativen Instrumenten zu einer ganzheitlichen Strategie und Betrachtungsweise verschmelzen. Diese Vielschichtigkeit ist es, was das Financial Engineering so interessant und reizvoll macht. Das vorliegende Buch erarbeitet diese Strategien, Bewertungsmodelle und Risikomanagementsysteme und bindet diese aktiv in den Financial Engineering Prozess ein. Dabei wird der Ansatz verfolgt, neben der theoretischen Darstellung auch auf die praktischen Einsatzmöglichkeiten einzugehen, ohne die quantitativen Grundlagen aus den Augen zu verlieren. Erweitert wurde die Vorauflage um einen tieferen Blick auf die jeweiligen Instrumente, deren Modellrahmen sowie der eingängigen Risikoeinschätzung im Aggregat. Die Einführung von neuen Instrumenten, wie zum Beispiel der Daily Options an der Eurex, sowie neue Anforderungen, welche die Regulatorik und die ESG-Kriterien mit sich bringen werden ebenfalls aufgegriffen und besprochen.

Religion Between Commercialization and Political Trade-offs: The Case of Islam marks the author's 100th published book.This volume is the product of a conference on Commercialization of Religion convened jointly by the Universities of Vienna and Nicosia, and held in Nicosia, Cyprus, in September 2023, where author Raphael Israeli spoke about Islam."I challenged the conventional wisdom, which posited a material and pecuniary interpretation of commercialization of religion in terms of buying and selling deals, but I suggested to expand that interpretation into a wider trade-off of values, assets, and political interests, and I gave examples of those deals of commercialization within the Arab-Israeli dispute, including the horrifying rampage and murder on October 7, 2023, by the Palestinian Hamas terrorists of over 1,500 Israeli innocent civilians, including babies, the elderly, and women at dawn in their beds, and abducting another 240 as hostages to Gaza."(About the Author)Raphael Israeli has taught Islamic, Chinese, and Middle Eastern history at Hebrew University in Jerusalem. A graduate of Hebrew University in history and Arabic literature, he earned a Ph.D. in Chinese and Islamic history from the University of California, Berkeley. Now retired, he has been a Fellow of the Harry Truman Research Institute at Hebrew University and the Jerusalem Center since the1970s. He is the author of 100 books and 100 articles.

Novice investors need to understand the plans, techniques, and tactics of investing in today's competitive and aggressive market. A thorough beginner's guide to investing is a crucial resource for anyone looking to increase their money wisely and, regardless of experience level or confusion about the conflicting and inconsistent advice that is out there. You've come to the correct spot if you're searching for an investment guide that provides a foolproof strategy for saving money and retiring early.They say wealth doesn't grow on trees, but the idea is the same as a tree's growth process-it takes time. All of us aspire to prosperity, but the issue is that we don't want to go through the growth process that a tree goes through. Rugs to reach tales that we hear about daily don't make life any easier for us; instead, we are searching for quick fixes. Consider this: everyone enjoys hearing about success stories but is not interested in hearing about the numerous failures of individuals who have achieved success.Investors are searching far and wide for the best place to park their money during this historically low-interest rate period. The stock market continues to be the most excellent way to increase your capital and provide riches for your family, even in the face of fluctuations and uncertainties. The truth is that everyone can succeed as long as they have commitment and a strategy, regardless of circumstances or financial status. However, you must comprehend the game's rules and know how to make your plans for the future. We walk you through every step of the process in this book, which is meant for total beginners.

"Get All The Support And Guidance You Need To Be A Success At Living Your Life!"For those who want to design their own destiny and path, this book may be one of the most helpful resources available anywhere!Do you take charge of your life, or does it take control of you? Which path ought you to choose? Which route will get you to your desired destination, do you know? Only a select few people are able to successfully create and shape their own destiny; the most drift aimlessly through life, hoping that one day their predestined fate will intervene and good fortune will smile upon them.This effective tool will supply you all the information you require to succeed and realise your aspiration of living a better life.Introducing... Living With A Purpose.This product will take you, step-by-step, through the exact procedure we devised to assist individuals gather all the information they need to be successful. It also contains wonderful advice about living on purpose. Who Can Use This Book? - Entrepreneurs - Internet marketers - Network marketers - Life Coaches - Personal Development Enthusiasts - Self Improvement Bloggers - Web Publishers - Writers and Content Creators - And Many More! In This Book, You Will Learn: - Living On Purpose Basics - Figuring Out What You Want Your Life To Look Like - Making Goals And Sticking To Them - How Living On Purpose Works - And so much more!

Mit diesem Buch erwirbst du nicht nur umfassendes und essentielles Wissen über Versicherungen und Baufinanzierungen, sondern es wird dir ebenso aufgezeigt, wie du zwischen qualitativ hochwertiger und suboptimaler Beratung unterscheiden kannst.

Practical Real Estate Practices is a book designed to take agent from creating business (leads) to the closing table. The purpose of this book is to guide you through easy-to-perform activities that will produce a consistent income year after year. In this book, you'll have the steps to generate business, to execute on a lead, what to do once someone is under contract, to establish yourself as a professional, to work well with others, and to protect your time, so you can earn more money. The goal is after reading this book, you will never wonder if your next year will be better then your current year in Real Estate. You will no it will be because you will have the systems and processes to do it.Why should you trust the author of this book? I could talk to you in the third person, like a resume, but that would be silly. After serving in the Marine Corp I worked the retail world, running stores across four states. In 2007, I left all that behind to join my wife in Real Estate full-time. She was crushing it and I wanted to join her. From there we began building out our Real Estate empire. Today, Levinson Real Estate Team has been ranked #1 in Oklahoma by Real Trends for over a decade.

Are you looking for a quick, highly-effective and easy way to understand blockchain and Bitcoin, without wasting countless hours sifting through unnecessary filler information?Do you want to get a firm grasp on what blockchain and Bitcoin are all about? Even topics such as Smart Contracts and Digital Tokens?Do you need to quickly learn the key concepts and vocabulary around blockchain and Bitcoin?This effective guide will help you understand blockchain and Bitcoin, including more advanced topics such as smart contracts and digital tokens, and will set you well on your way to blockchain and Bitcoin mastery.This Book will help you quickly master the most important ideas and topics in blockchain and Bitcoin.I look forward to seeing you inside!

From the dashboard of a practicing CPA, a big-picture view presentation takes a meaningful look at the subject of taxation from the perspective of an international startup and individuals who travel to the US to live here and work on their dreams.Navigating tax rules can be tricky, and it is easy to be blindsided. This book is designed to uncover many of those pitfalls and provide solutions. There are also opportunities to be taken, and we have detailed many of them here. Every startup CEO or financial executive involved in the compliance process should seek guidance from their tax advisers. Without a resource like this book, they may not be well-prepared to know what questions to pose.Over time, many clients expressed a desire for a book that encapsulates the information we provided. We've listened and crafted a book that's easy to read and too valuable to overlook. We have done our best to demystify the tax system for you to be able to deal with each of its confusing twists effectively. Take a deep dive and let us know what you think!

This book explores human decision-making heuristics. The monograph studies how nudging and winking can help citizens to make rational choices and governments to create choice architectures that aid in stabilizing markets and flourishing society. By applying the behavioral economics approach to political outcomes, it demonstrates how economics can be employed for personal benefits but also foster the greater societal good. A review of the current literature on human decision-making advantages and failures in Europe and North America opens the book. A wide range of nudges and winks is presented that aid to curb the harmful consequences of human decision-making fallibility. Awareness of mental heuristics and biases in the finance domain is strengthened in order to understand how to nudge people to benefit from economic markets but also help governments to stabilize economies in providing strategic market communication. The author also proposes concrete leadership and followership directives on nudging in the digital age. This book appeals to scholars and policy makers interested in rational decision-making. The behavioral perspective features the strategic use of nudging and winking in the digital age.The second revised and expanded edition offers the newest insights on behavioral e-Economics and the latest developments regarding the COVID-19 pandemic. It covers topics such as the role of social media in finance and discrimination in searchplace competition. It also offers new insights on strategic leadership and smart followership directives to successfully navigate through complex and fast-paced e-architectures.

Imagine if you can buy a house. Rehab this house. Rent out this rehab house to a qualified renter. You then go to the bank and refinance this beautiful house. Pull some equity out, lower the APR, and then guess what? Repeat. Do it again. This may sound too good to be true but believe me, it's happening every day. This book will be an eye-opener. It has the side effect of making you lots of money.

Derzeit kommt der rechtspolitischen Diskussion über Nachhaltigkeitsthemen im Unternehmensrecht, der sog. Corporate Social Responsibility (CSR), besonderes Gewicht zu. Neue Regulierungsansätze im Allgemeinen wie das Lieferkettensorgfaltspflichtengesetz (LkSG) und das EU-Richtlinienpendant Corporate Sustainability Due Diligence Directive (CSDDD) sowie aktuelle Fälle aus der internationalen Gerichtspraxis im Besonderen haben den rechtswissenschaftlichen Diskurs über die Verantwortung von inländischen Gesellschaften für (Menschen-)Rechtsverstöße neu befruchtet.Vor diesem Hintergrund bildet die Autorin Fallgruppen konzern- und lieferkettendimensionaler Verkehrspflichten und untersucht deren Administration in die Unternehmenspraxis. Dabei liegt ein besonderes Augenmerk auf der Umsetzung innerhalb der Corporate Governance- und Compliance-Systeme sowie den Haftungsrisiken der Leitungsorgane. Die Thematik wird interdisziplinär unter Berücksichtigung der verschiedenen Teildisziplinen der Rechtswissenschaften sowie unter Beachtung betriebswirtschaftlicher Aspekte erforscht und abschließend thesenartig beurteilt.