Operational and reputational risk in the European banking industry: The market reaction to operational risk eventsଝ Philipp Sturm ∗ Department of Banking‚ University of Tübingen‚ Mohlstraße 36‚ 72074 Tübingen‚ Germany a r t i c l e i n f o Article history: Received 19 August 2011 Received in revised form 17 February 2012 Accepted 13 April 2012 Available online 21 April 2012 JEL classification: G14 G21 Keywords: Banks Event study Operational risk Reputational risk a b s t r a c t
Premium Stock market Operational risk
Globalization of World Food Markets To date‚ globalization has influenced nearly every life sector in almost every country of the world. Global exchange of goods‚ services‚ and ideas do not let food industry stand on the sidelines. It means that the fast food industry is one of the fundamental outcomes of a rapidly globalizing world. It should be emphasized that sometimes globalization of fast food can have risks to local culture and economy. It is true to say that a lot of Asian nations are going
Premium Globalization Economics Fast food
There are a number of different methods to measuring strength. Including‚ strength tests‚ for example‚ bench press‚ squat and deadlift. However‚ to gain a precise amount of force production through a muscle contraction‚ a type of dynamometer must be used. The Biodex has shown to be reliable and accurate throughout numerous amounts of studies. To test force production‚ the main method is through an isokinetic test. One of the most reliable and advanced systems is the Biodex isokinetic system. Asundi
Premium Muscle Force Classical mechanics
2.1 Background of the Studies Valuation is the first step toward intelligent investing. When an investor attempts to determine the worth of her shares based on the fundamentals‚ it helps her make informed decisions about what stocks to buy or sell. Without fundamental value‚ one is set adrift in a sea of random short-term price movements and gut feelings. Before we can value a share of stock‚ we have to have some notion of what a share of stock is. A share of stock is not some magical creation
Premium Stock Net present value Time value of money
the ability to service fixed charges also will vary. Consequently‚ there is a relatively large risk that the firm will be unable to meet its fixed charges. As a result‚ firms in unstable industries tend to use less debt than those whose sales are subject to only moderate fluctuations. 12-4 The tax benefits from debt increase linearly‚ which causes a continuous increase in the firm’s value and stock price. However‚ bankruptcy-related costs begin to be felt after some amount of debt has been employed
Premium Stock Debt Finance
crime‚ criminal behaviors‚ measure crime‚ and crime rate. Discuss and define the different types of measuring tools used such as the UCR‚ National Incident-based reporting‚ victim surveys‚ and self-reported survey. Discuss both the positives and negative of each of the methods used to measure crime. Then respond to at least two peer posts. 1. Discuss and define the different types of measuring tools used such as the UCR. The Uniformed Crime Report; (UCR): This is a report used by the Federal
Premium Crime
Measuring Sponsorship ROI for the Automotive Industry Capturing Passion Outcomes from Your Sponsorship! Wednesday‚ February 2‚ 2011 Industry Challenge? Property View How can I justify the investment to the sponsor? Ok. Just send them something with sponsorship ROI on it.... Logo measurement & equivalent media value Scorecard systems An independent agency rates a sponsorship on several criteria based on judgement Does it improve our brand loyalty with existing owners? Are car buyers more
Premium Target market Brand Measurement
TOPIC_1_2011: MEASURING A NATION’S INCOME PART 1: MULTIPLE CHOICES: 1. Macroeconomists study a. decisions of households and firms. b. the interaction of households and firms. c. economy-wide phenomena. d. regulations on firms and unions. 2. Which of the following questions is more likely to be studied by a microeconomist than a macroeconomist? a. Why do prices in general rise by more in some countries than in others? b. Why do wages differ across industries? c. Why
Premium Gross domestic product
PREFERRED STOCK VERSUS COMMON STOCK The primary advantage to an investor of holding preferred stock compared with common stock is that the preferred stock return is somewhat more predictable (more certain). The issuing company will generally make a real effort to try to avoid defaulting on the preferred stock dividend. Since the return to preferred stock is reasonably well defined and since the preferred stockholders precede the common stockholders (the preferred dividends are paid before the
Premium Preferred stock Debt Dividend
Measuring the effectiveness of human computer interaction - HCI - can be complex as it involves many influencing factors‚ some of which are determined on an emotional level (making it subjective rather than quantitative). The effectiveness of HCI relates to the usability of a computer system by a human. For a computer to be effective‚ HCI levels must be high. In simple terms‚ a computer that is difficult to use is not a good computer. Indicators of the effectiveness of HCI There are a
Premium Computer Computer graphics Learning curve