WorldWideScience

Sample records for external financial support

  1. Network externalities across financial institutions

    OpenAIRE

    Castro Iragorri, Carlos Alberto; Preciado Pua, Sergio Andrés; Ordóñez Herrera, Juan Sebastián

    2016-01-01

    We propose and estimate a financial distress model that explicitly accounts for the interactions or spill-over effects between financial institutions, through the use of a spatial continuity matrix that is build from financial network data of inter bank transactions. Such setup of the financial distress model allows for the empirical validation of the importance of network externalities in determining financial distress, in addition to institution specific and macroeconomic covariates. The re...

  2. Optimal Auctions with Financial Externalities

    NARCIS (Netherlands)

    Maasland, E.; Onderstal, A.M.

    2002-01-01

    We construct optimal auctions when bidders face financial externalities.In a Coasean World, in which the seller cannot prevent a perfect resale market, nor withhold the object, the lowest-price all-pay auction is optimal.In a Myersonean World, in which the seller can both prevent resale after the au

  3. Exchange rate regimes and external financial stability

    Directory of Open Access Journals (Sweden)

    Stoica Ovidiu

    2016-01-01

    Full Text Available Financial stability within the framework of the global financial crisis has become a common topic for researchers and practitioners. In order to analyse the impact of exchange rate regimes on financial stability we use both the de jure and de facto exchange rate classifications. We apply the model to a 1999-2010 annual data sample for 135 countries and territories, grouped by the level of economic development. Our second focus is the investigation of the effects of the exchange rate regimes in three economic integration areas (member countries of the European Union 27, the Southern Common Market, and the Association of Southeast Asian Nations on financial stability. Our results generally support the central banks’ concerns that the flexibility of exchange rate regimes should be reduced in order to sustain financial stability; however, the findings are not robust when using alternative regime classifications.

  4. Financial Openness and External Sector Management: The Indian Experiences

    OpenAIRE

    U Arabi

    2005-01-01

    The financial sector of an economy, comprising institutions, markets and instruments, is multi-dimensional in nature with both domestic and external facets. The broad contours of financial liberalization approach include, viz., (i) withdrawal of credit controls and excessively high reserve requirements; (ii) interest rate deregulation; (iii) privatization; (iv) deregulation and development of markets; (v) lowering of entry barriers, limits on participation of foreign banks, and restrictions o...

  5. CHALLENGES OF EXTERNAL FINANCIAL AUDIT AGAINST THE MANAGERIAL FRAUD

    Directory of Open Access Journals (Sweden)

    MIHAELA UNGUREANU

    2012-11-01

    Full Text Available Corporate governance is no longer a new topic, but is in a constant controversy. This paper aims to establish the importance of external financial audit in improving corporate governance, a premise for survival, continuation and development of entities in the current economic climate. The core element of the study concerns theactive participation that external financial audit must manifest in a governance system to avoid mismanagement and its consequences, especially fraud. For this purpose is performed a synthesis of the current state of knowledge through theoretical and conceptual approach in terms of motivational, of the agency and stakeholders theories, based on specialized literature.

  6. Financial Derivatives (Based on Two Supports Evaluation

    Directory of Open Access Journals (Sweden)

    Tiberiu Socaciu

    2011-10-01

    Full Text Available In this paper we build a PDE like Black-Scholes equation in hypothesis of a financial derivative that is dependent on two supports (usual is dependent only on one support, like am
    option based on gold, when national currency has a great float.
    Keywords: Financial derivatives, derivatives evaluation, derivatives based on two supports, extended Itō like lemma.

  7. 25 CFR 23.46 - Financial management, internal and external controls and other assurances.

    Science.gov (United States)

    2010-04-01

    ... 25 Indians 1 2010-04-01 2010-04-01 false Financial management, internal and external controls and....46 Financial management, internal and external controls and other assurances. Grantee financial... required by the grantee's financial management system. The Secretary or his/her designee may review the...

  8. More Financial Support for SMEs

    Institute of Scientific and Technical Information of China (English)

    2009-01-01

    In 2009, China’s enterprises face grim challenges both from the inside and outside. Amid a sluggish market and plummeting demand, Chinese enterprises are suffering from financial strain and operational difficulties. In order to expand financing channels and establish a financing platform for enterprises, the China Enterprise Development Finance Summit was held on June 27-28 in Beijing. The summit was sponsored by the Research Institute under the Ministry of Commerce in conjunction with other government departments, commercial banks, private equity firms and venture capital funds. In response to the financing difficulties of small and mediumsized enterprises (SMEs), bankers presented their own opinions at the summit. The address of Liu Wenfa from the National Development Bank, Lei Jia from the Cooperative Finance Supervision Department at the China Banking Regulatory Commission (CBRC) and He Ning from Morgan Stanley Bank International (China) Ltd. won wide recognition among the attendees.

  9. Factoring - financial instrument supporting the current activity of an enterprise

    Directory of Open Access Journals (Sweden)

    Dorota Czerwińska-Kayzer

    2009-01-01

    Full Text Available Small and medium enterprises have a difficult access to classic financial sources. Therefore the factoring could be a financial instrument supporting effective management of the liabilities. Factoring improves the financial situation of a company, first of all financial liquidity. Moreover, factoring improves structure of financial statement and creates a possibility of risk transfer of debtor insolvency on factor.

  10. Location of external state financial control in national control system of Ukraine

    National Research Council Canada - National Science Library

    N.G. Vygovska; A.Y. Slavitska

    2016-01-01

    The article estimates the theoretical basis of the external state financial control in Ukraine in the context of defining its place in the formation of the functional areas of internal and external...

  11. Parental Financial Support and the Financial and Family Problems of College Freshmen

    Science.gov (United States)

    Bunnett, Nancy Hubbell

    1975-01-01

    Freshmen completed the Mooney Problem Check List and reported how much financial support their parents provided. The relationship between parents' support and finances, living conditions, and employment problems was highly significant, with women reporting more financial problems than men. (Author)

  12. INTERNAL FINANCIAL CONSTRAINTS, EXTERNAL FINANCIAL CONSTRAINTS AND INVESTMENT CHOICE: EVIDENCE FROM PAKISTANI FIRMS

    Directory of Open Access Journals (Sweden)

    Dr. Muhammad AZAM

    2011-10-01

    Full Text Available The purpose of this study is to analyze the impact of internal and external financial constraints on investmentchoice. The data have been taken from 9 major sectors (52 listed firms in the Karachi Stock Exchange namely; Pharmaceutical & Bio Technology, Textile, Sugar, Tobacco, Chemicals, Oil and Gas, Fixed line Telecommunication, Industrial metal and Mining, and Cement sectors for the time period 2004 to 2010 on annual basis. Multiple regression analysis has been done to examine the relationship among firm’s size, dividend payout ratio, firm’s age, and investment. The empirical findings show that there is positive relationship between the firms’ size and investment while a negative relationship exists between firms’ age and investment. It also reports that there is negative relationship between dividend payout ratio and the investment. This shows that if a firm grows old or high dividend payout ratio then it will tend to spend less for expansion as compared to the young firms.

  13. The Risk of Financial Crisis in Terms of External Debt Managament

    Directory of Open Access Journals (Sweden)

    Ela Çolpan Nart

    2015-12-01

    Full Text Available AbstractExternal borrowing has been an important source of financing especially for developing countries. However, despite its critical function in meeting the requirements of the economy, foreign currency borrowing was also among the main factors triggering and/or deepening the financial crises hindering the development progress of these countries. External debt brings financial weakness to developing economies. External debt is a source of financial instability that increases the likelihood of currency and debt crises. Economic literature points out that it is not solely the existence of foreign currency borrowing but the capacity of asset-liability management that matters regarding the effects on the economy.Keywords: External Borrowing, External Debt Management, Financial Crises, Risk ManagementJEL Classification Codes: F34, G01, G32, H63

  14. Location of external state financial control in national control system of Ukraine

    Directory of Open Access Journals (Sweden)

    N.G. Vygovska

    2016-12-01

    Full Text Available The article estimates the theoretical basis of the external state financial control in Ukraine in the context of defining its place in the formation of the functional areas of internal and external controls in order to eliminate duplication of a single national control system. The authors have investigated the scientific approaches to the interpretation of the concept of «external state financial control», «internal financial control», «public audit» in order to eliminate terminological confusion. It were found the differences between the external and internal financial control on the basis of comparative characteristics of such features as the entity controlling entities, controlled objects, object methods, and direction control. The concept of internal and external controls are considered to expedient to communicate with the system in which this control is identified. «Internal» in this case is identical intra-control, that is located within the executive branch, while an external control is not included in it and is external to the executive bodies of the controlled institution, and is not related to them and, as a consequence, independent. The authors suggest to form a unified system of state financial control, a clear distinction between internal and external powers of species. The authors consider that appropriate in this context will be the adoption of a single legislative act «About State Financial Control», the proposed structure is introduced in the article. Implementation of this law will contribute to the clear division of functional areas of the state control (internal and external, the elimination of departmental conflicts, and promote the formation of a single integrated control system in Ukraine, able to counteract abuses and prevent the possible loss of budgetary funds.

  15. Existing Problems in Financial Support for New Urbanization and Recommendations

    Institute of Scientific and Technical Information of China (English)

    Songtao; LIU; Junfan; WANG; Yunyang; ZENG; Liqiong; LIN

    2015-01-01

    Firstly,this paper discussed differences between traditional urbanization and new urbanization. Then,from current situations of financial support for new urbanization,it analyzed existing problems in financial support for new urbanization. The problems include difficulty in infrastructure financing,shortage of funds for small and medium sized enterprises,narrow scope of financial services,and uneven industries of financial support. Finally,it came up with pertinent recommendations,including implementing diversified infrastructure financing modes,solving financing difficulty of small and medium sized enterprises through many channels,strengthening service level and expanding service scope of financial institutions,and changing the situation of uneven industry of financial support,in the hope of providing helpful references.

  16. External support and bank behaviour in the international syndicated loan market

    OpenAIRE

    Tsatsaronis, Kostas; Gadanecz, Blaise; Altunbas, Yener

    2015-01-01

    Banks that enjoyed generous external financial support tended to under-price risk in the international syndicated loan market and did not show signs of innovation in their loan participations. Loans arranged by such banks had on average lower spreads (controlling for risk and other characteristics) and these banks retained loans that were on average priced below market. When supported banks' investment strategy differed materially from that of the average bank it was in holding less specialis...

  17. Financial frictions and substitution between internal and external funds in publicly traded Brazilian companies

    Directory of Open Access Journals (Sweden)

    Márcio Telles Portal

    2012-04-01

    Full Text Available The present study aimed to document the effects of financial constraints on the negative relationship between cash flow and external funds, a phenomenon associated with the Pecking Order Theory. This theory suggests that companies subject to more expensive external funds (financially constrained firms should demonstrate a stronger negative relationship with cash flow than companies subject to minor financial frictions (financially unconstrained firms. The results indicate that the external funds of constrained firms consistently present less negative sensitivity to cash flow compared with those of unconstrained companies. Additionally, the internal funds of constrained companies demonstrate a positive sensitivity to cash flow, whereas those of unconstrained companies do not show any such significant behavior. These results are in accordance with the findings of Almeida and Campello (2010, who suggest the following: first, because of the endogenous nature of investment decisions in constrained companies, the complementary relationship between internal and external funds prevails over the substitutive effects suggested by the Pecking Order Theory; and second, the negative relationship between cash flow and external funds cannot be interpreted as evidence of costly external funds and therefore does not corroborate the Pecking Order Theory.

  18. FINANCIAL STABILITY OF INSURANCE AND ITS SOURCES OF SUPPORT

    Directory of Open Access Journals (Sweden)

    R. Pikus

    2016-03-01

    Full Text Available The article describes theoretical aspects of determination of financial stability of insurance companies of Ukraine. It was found the main factors that influence the financial stability of insurance companies. Influencing factors are classified into internal and external and the effects of these factors on insurers' activities are presented. The main criteria of financial stability of insurance companies were deeply analysed and the most significant were chosen: sufficient amount of equity capital, the optimal tariff policy, balanced insurance portfolio, secure and effective reinsurance program, sufficient amount of insurance reserves for future payments, optimal investment management of insurance reserves and high solvency of an insurance company. Basic directions of provision and maintenance of financial stability of insurance companies in post-crisis period were presented. The main problems of provision and maintenance of financial stability of insurance companies were outlined and recommendations for its strengthening were provided.

  19. AN EMPIRICAL ANALYSIS OF RUSSIAN BANKING AND NON-FINANCIAL SECTORS' VULNERABILITY TO POSSIBLE EXTERNAL FINANCIAL SHOCK

    Directory of Open Access Journals (Sweden)

    Егор Николаевич Поляков

    2013-08-01

    Full Text Available The article explains to what extent currency mismatch in banking and non-financial sectors determine vulnerability of Russian economy with respect to possible external shock. The authors explain how Central Bank of Russia exchange rate policy depends on currency mismatches and to what extent currency mismatches determined the slowdown of Russian economy during the financial crisis. The article shows the dynamics of currency mismatch from 2004 to 2012 year. The authors offer the model of the relationship between capital flight and external debt of private sector. The authors present the results of stress test of Russian economy. The stress test implies external shock similar to external shock of the end of 2008. According to stress test as of end of 2012 both banking and private sectors are less vulnerable to possible external shock. Meanwhile authors made a conclusion that vulnerability of a private sector remains unacceptably high. The authors recommend 2 ways how to decelerate the currency mismatch of a private sector. DOI: http://dx.doi.org/10.12731/2218-7405-2013-6-8

  20. 45 CFR 304.22 - Federal financial participation in purchased support enforcement services.

    Science.gov (United States)

    2010-10-01

    ... FAMILIES, DEPARTMENT OF HEALTH AND HUMAN SERVICES FEDERAL FINANCIAL PARTICIPATION § 304.22 Federal financial participation in purchased support enforcement services. Federal financial participation is.... Support enforcement services which may be purchased with Federal financial participation are those...

  1. An empirical analysis of the external finance premium of public non-financial corporations in Brazil

    Directory of Open Access Journals (Sweden)

    Fernando N. de Oliveira

    2012-09-01

    Full Text Available Our objective in this paper is to analyze empirically the relationship between the external finance premium of non-financial corporations in Brazil with their default probability and with their demand for inventories. As for the former relation, we find that corporations that have greater external finance premium have greater probability of default. As for the latter, we find that the external finance premium is positive and statistically significantly correlated. The results confirm previous results of the literature that indicate that the balance sheet channel of monetary policy is relevant in Brazil.

  2. The Correlation between External Audit and Financial Performance of Banks from Romania

    Directory of Open Access Journals (Sweden)

    Mariana Nedelcu (Bunea

    2015-11-01

    Full Text Available The audit function plays a particularly important role as part of the corporate mechanism, due to the extra value it provides with the corporate governance, which is why, over the years, this issue has been assiduously studied and became the topic of numerous studies and analyses. The objective of this article is to provide an analysis of the potential relationships between the quality of external audit (assessed through membership to the Big Four: the largest four auditing firms, namely PricewaterhouseCoopers, KPMG, Ernst & Young and Deloitte and financial performance (assessed by profitability, assets quality and solvency of the banking system in Romania. Hence, the authors tried to find answers, advocated by the results of the conducted empirical analysis, to the following questions: "Does the quality of external audit affects the financial performance of banks in Romania? How is registered the added value of external audit quality at credit institutions level?" In order to test the assumptions made, it was used a predominantly quantitative research methodology, which is based on a deductive statistical analysis. The starting point is agency theory, the main objective is to test and identify the potential cause-effect relationships, while analyzing their significance weight. As a result of this research, it can be concluded that there is a positive correlation between external audit quality and financial performance of the credit institutions in the Romanian banking system, although it is not a significant one.

  3. Student financial support. An inventory in 24 European countries. Background report for the project on portability of student financial support

    NARCIS (Netherlands)

    Vossensteyn, Johan J.

    2004-01-01

    This report provides a description of the current national systems of student financial support in 24 European countries. It provides information on tuition fees, grants, scholarships, student loans, and indirect student support through students families (family allowances and tax benefits) and

  4. Student financial support. An inventory in 24 European countries. Background report for the project on portability of student financial support

    NARCIS (Netherlands)

    Vossensteyn, J.J.

    2004-01-01

    This report provides a description of the current national systems of student financial support in 24 European countries. It provides information on tuition fees, grants, scholarships, student loans, and indirect student support through students families (family allowances and tax benefits) and supp

  5. The financial hazard of personalized medicine and supportive care.

    Science.gov (United States)

    Carrera, Pricivel M; Olver, Ian

    2015-12-01

    Personalized medicine is revolutionizing the delivery of oncological care, promising benefits both at the patient and health system levels. The cost of targeted therapies, unfortunately, is becoming more expensive and unaffordable. Where supportive care in cancer concerns the prevention and management of the adverse effects of cancer and its treatment and is the thrust of the Multinational Association of Supportive Care in Cancer, financing of and value in personalized medicine is an important area of research and engagement for the association. Discussing patients' concerns with and identifying those at most risk for the financial hazard of cancer treatment and offering financial counseling and assistance and/or referral to support networks are potential key areas for (exploring and providing) better supportive care. The time is now to turn the concern of patients and their carers, providers, and other advocates regarding the affordability of cancer treatment into a collective cause towards coordinated action.

  6. Externally-resident daughters, social capital, and support for the elderly in rural Tibet.

    Science.gov (United States)

    Childs, Geoff; Goldstein, Melvyn C; Wangdui, Puchung

    2011-03-01

    This paper focuses on assistance that externally-resident daughters provide for their aging parents in rural Tibet, China, to challenge the notion that rapid modernization invariably threatens family-based care systems for the elderly. The authors discuss social and economic changes associated with modernization that have created new opportunities for parents to send daughters out of their natal households in ways that can benefit them in old age. By investing in a daughter's education so she can secure salaried employment, or by helping a daughter establish a small business so she can earn an independent livelihood, the authors demonstrate how some externally-resident daughters represent a novel form of social capital that parents can draw on for social support. Daughters with income and freedom from extended family obligations are now providing elderly parents with (1) leverage against co-resident children who do not treat them well, (2) temporary places of refuge from ill-treatment at home, (3) caretaking services and financial support when they require hospitalization, and (4) financial resources independent of their household which they can use to pursue age-appropriate activities like pilgrimage. The authors conclude that this new form of social capital vested in externally-resident daughters is having a positive impact on the lives of the elderly in rural Tibet.

  7. Mechanism of financial support in reforming the heat supply sphere: problems and prospects of improvement

    Directory of Open Access Journals (Sweden)

    Doroshenko, Valentina Viktorivna

    2012-11-01

    Full Text Available The problems of financial support for reforming the heat supply sphere arediscussed in the article. The current state of heat supply sphere causes aggravation of many socioeconomicproblems, connected with low quality, low reliability and excessive power consumption ofheat supply system. The main reason for this is the high level of depreciation of main funds at allstages of the production cycle – from production to consumption of heat energy. The currentlegislation defined the priority of modernization of heat supply sphere, but it requires the significantamount of financial resources for the implementation of relevant investment projects. Due to theanalysis the domestic sources of financial support are very limited, but the use of foreign fundsincreases the financial dependence on external borrowings. This situation provides a high relevance of searching for domestic funds and it became the main objective of this research. Thefinal goal was to make a set of suggestions on improving the current mechanism of financialsupport for reforming the heat supply sphere at the expense of implementation of reserve not beinginvolved nowadays, namely, public funds. People are eager and able to spend their own savings tointroduce the most effective modern energy saving technology – per-apartment heating. Accordingto the wide experience, this technology meets each person needs in heat with a significantreduction of natural gas consumption spent on heating (including solving the problem of energytariffs, budget funds for compensation benefits, subsidies, difference in fees, for finance investmentprojects, etc.

  8. Do Nonresidential Fathers' Financial Support and Contact Improve Children's Health?

    Science.gov (United States)

    Hofferth, Sandra L; Pinzon, Angela M

    2011-06-01

    Nonresidential father investment of time and money has been shown to ameliorate the negative consequences of family dissolution on children's behavior and achievement; however, no research has shown whether this investment also has positive effects on child health. Using data from the Early Childhood Longitudinal Survey, Kindergarten cohort, this research uses a two-wave cross-lagged model to examine how child support and contact are associated with maternal reports of children's physical health over time following parental separation. Child support in kindergarten is not associated with child health in third grade. Instead, children who are healthier in kindergarten receive greater financial support from their father. Although contact and child support are positively related, greater contact is not associated with better child health.

  9. Recommendations from the External Auditors to the CERN Pension Fund Management on the Financial Statements of the Pension Fund for the Financial Year 2014 and Comments from the CERN Pension Fund Management Supreme Audit Office of Poland

    CERN Document Server

    2015-01-01

    Recommendations from the External Auditors to the CERN Pension Fund Management on the Financial Statements of the Pension Fund for the Financial Year 2014 and Comments from the CERN Pension Fund Management Supreme Audit Office of Poland

  10. Building a financial decision support system with Oracle

    CERN Document Server

    Angberg, M

    2001-01-01

    CERN (European Organization for Nuclear Research) is the world's leading particle physics research laboratory. It is a truly global organization, collaborating with more than 500 research institutes around the world. The laboratory is currently working on the construction of its largest and most complex scientific instrument ever, the Large Hadron Collider (LHC), due for completion in 2007. Under the current economic climate, however, the laboratory, along with many other businesses and organizations, is having to face shrinking resources and reduced staff levels. Since CERN is expected to continue to grow, it will be forced to achieve higher productivity with fewer resources. In the area of administrative information systems, the situation described above led us to the decision to use Oracle's Data Warehousing concepts and J2EE for the implementation of a scalable and flexible financial decision support system with a low maintenance cost. This paper outlines the experiences drawn from this implementation, fr...

  11. Financial support of graduate programs in Brazil: quo vadis?

    Science.gov (United States)

    Helene, A F; Xavier, G F

    2006-07-01

    Graduate programs provide the highest level of formal education and thus are crucial for the development of any country. However, official Brazilian data clearly show a dramatic decrease in the number and values of scholarships available to graduate programs in Brazil over the last few years, despite the importance and growth of such programs. Between 1995 and 2004, investment by the Coordenadoria de Aperfeiçoamento de Pessoal do Ensino Superior (CAPES, subordinate to the Ministry of Education and Culture) in funding scholarships, corrected for inflation in the period, actually decreased by 51%. In addition, during the period between 1994 and 2004, there was a loss of about 60% in the purchasing power of the graduate scholarships provided by CAPES and the National Council for Science and Technology (CNPq). To reverse this trend, we propose the development of sectorial funding for Brazilian graduate programs to guarantee the availability and continuity of financial support for this strategic activity.

  12. Overview of Studies on Financial Support for China’s Agricultural Industrialization

    Institute of Scientific and Technical Information of China (English)

    Junyu; MIAO; Junqi; MA; Jingyao; TANG

    2014-01-01

    Agricultural industrialization is an innovative operation mode and effective drive for transformation of traditional agriculture to modern agriculture. Benign development of agricultural industrialization depends on financial support. With increase of the function of financial support for agricultural industrialization development,academic circles have made deeper and deeper researches on agricultural industrialization. These researches mainly touch upon four aspects:( i) definition of concept of financial support for agricultural industrialization;( ii)functions of financial support for agricultural industrialization;( iii) existing problems in financial support for agricultural industrialization and problem causes;( iv) specific recommendations of promotion of financial support for agricultural industrialization development. Although existing researches are already extensive and some common understandings have been reached,there are still some research gaps and weak points,and it needs further researches.

  13. Evaluation of the Effectiveness of Financial Support to Agriculture Based on the DEA Method

    Institute of Scientific and Technical Information of China (English)

    SUO Ruixia; WANG Fulin

    2009-01-01

    Financial support to agriculture is the main driving force to increase farmers' income. This paper applied the evaluation DEA (Data-embrasing Analysis) method to evaluate the effectiveness of financial support to agriculture from 1990 to 2005. It is found that the trend of the financial support to agricultural effectiveness in China presented a downward trend in recent years. The results showed that the overall trend of the financial support to agriculture in China wasn't high, and some corresponding proposals were put forward to optimized.

  14. Mechanism of financial support of education: legislative basis of power distribution

    Directory of Open Access Journals (Sweden)

    O. S. Kotsovska

    2014-11-01

    Full Text Available The article studies the legislative basis of power distribution as a basic component of the mechanism of financial support of education at the regional level. Budgetary expenditure on education has been analyzed. It has been grounded and proposed to transfer the authority of financial support of education to appropriate regional and district administrations within the frameworks of decentralisation.

  15. Client Financial Support for Mitigating Cost Factors Affecting ...

    African Journals Online (AJOL)

    Sultan

    Universiti Sains Malaysia, Pulau-Pinang, Malaysia. The study ... policies that will encourage financial institutions to provide flexible and less interest loans, for improved ... performance within the economy is poor. Generally ...... new millennium.

  16. External Influences on an Internal Process: Supporting Preservice Teacher Research

    Science.gov (United States)

    Schulte, Ann; Klipfel, Lyndsay Halpin

    2016-01-01

    In an effort to better understand how participating in teacher research as a student teacher compares to conducting it as a practicing teacher, a teacher educator and her former teacher education student engaged in a collaborative dialogue. They focus their reflections in this article on the impact of external forces on the process of teacher…

  17. Supporting an Externally Developed Model of Education in Greenland

    Science.gov (United States)

    Wyatt, Tasha R.

    2010-01-01

    This study investigated the adaptation process of an externally developed model of reform in Greenland's educational system. Under investigation was how reform leaders responded to the needs of the community after implementing an educational model developed in the United States by researchers at the Center for Research on Education, Diversity, and…

  18. An Exploratory Model of the Relationships among the External Environment, Entrepreneurial Strategy, Mechanistic-organic Structure, and Financial Performance of Restaurant Franchisors from the Perspective of Franchisees

    OpenAIRE

    Sul, Hoon-Ku

    2001-01-01

    The primary purpose of this study was to explore a model that examines the relationships among the external environment, entrepreneurial strategy, mechanistic-organic structure and financial performance of restaurant franchisors from the perspective of franchisees. The final structural model indicated that restaurant franchisees perceive that franchisorsâ entrepreneurial strategy makes a highly positive contribution to franchisorsâ financial performance. The external environment is percei...

  19. Improving Provisions for Organization, Housing, Financial Support and Accountability.

    Science.gov (United States)

    Polley, John W.; Lamitie, Robert E.

    This chapter provides insights into the solution of financial and governance problems that face big city education. The report identifies recent developments affecting big city education such as metropolitanism, regionalism, full State financing, revenue sharing, and reform of property taxation. The authors discuss (1) recent court cases affecting…

  20. A support vector machine approach to detect financial statement fraud in South Africa: A first look

    CSIR Research Space (South Africa)

    Moepya, SO

    2014-04-01

    Full Text Available Auditors face the difficult task of detecting companies that issue manipulated financial statements. In recent years, machine learning methods have provided a feasible solution to this task. This study develops support vector machine (SVM) models...

  1. The role of financial support in SME and economic development in Estonia

    Directory of Open Access Journals (Sweden)

    Jelena Hartšenko

    2013-07-01

    Full Text Available This paper provides evidence on the links between efficiency and the governmental support for small-medium sized Estonian firms. The analysis is based on the Cobb-Douglas production function using micro level data. To analyse the impact of the financial support we applied a panel data framework. The estimation results confirm our main hypothesis that financial assistance increases productivity of Estonian SMEs, thus contributing the economic development.

  2. A History of Last-resort Lending and Other Support for Troubled Financial Institutions in Australia

    OpenAIRE

    Bryan Fitz-Gibbon; Marianne Gizycki

    2001-01-01

    This paper surveys the history of last-resort lending and other support provided to financial institutions in Australia and compares the practical implementation of lender-of-last-resort policy with policy prescriptions derived from the theoretical literature. Last-resort support serves to counter the market failures that can see fundamentally sound financial institutions fail due to a lack of liquidity, and to protect the economy from the systemic costs of such failures. The provision of len...

  3. Drawing to Remember: External Support of Older Adults’ Eyewitness Performance

    Science.gov (United States)

    Dando, Coral J.

    2013-01-01

    Although healthy aging is accompanied by a general decline in memory functioning, environmental support at retrieval can improve older adults’ (+65 years) episodic remembering. Despite those over the age of 65years representing a growing proportion of the population, few environmental retrieval support methods have been empirically evaluated for use with older witnesses and victims of crime. Here, the efficacy of a novel retrieval technique, the Sketch Mental Reinstatement of Context, is compared with a standard Mental Reinstatement of Context and a no support control (Control). Fifty-one participants witnessed an unexpected live event, and 48 hours later were interviewed using one of three aforementioned techniques. In line with predictions emanating from cognitive theories of aging and the environmental support hypothesis, participants in the Sketch Mental Reinstatement of Context condition recalled significantly more correct information and fewer inaccurate items. The Sketch Mental Reinstatement of Context technique appears to scaffold memory retrieval in an age-appropriate manner during a post-event interview, possibly by encouraging more effortful retrieval and reducing dual-task load. As such, this procedure offers an effective alternative to current approaches, adding to the toolbox of techniques available to forensic and other interviewers. PMID:23922863

  4. Drawing to remember: external support of older adults' eyewitness performance.

    Directory of Open Access Journals (Sweden)

    Coral J Dando

    Full Text Available Although healthy aging is accompanied by a general decline in memory functioning, environmental support at retrieval can improve older adults' (+65 years episodic remembering. Despite those over the age of 65 years representing a growing proportion of the population, few environmental retrieval support methods have been empirically evaluated for use with older witnesses and victims of crime. Here, the efficacy of a novel retrieval technique, the Sketch Mental Reinstatement of Context, is compared with a standard Mental Reinstatement of Context and a no support control (Control. Fifty-one participants witnessed an unexpected live event, and 48 hours later were interviewed using one of three aforementioned techniques. In line with predictions emanating from cognitive theories of aging and the environmental support hypothesis, participants in the Sketch Mental Reinstatement of Context condition recalled significantly more correct information and fewer inaccurate items. The Sketch Mental Reinstatement of Context technique appears to scaffold memory retrieval in an age-appropriate manner during a post-event interview, possibly by encouraging more effortful retrieval and reducing dual-task load. As such, this procedure offers an effective alternative to current approaches, adding to the toolbox of techniques available to forensic and other interviewers.

  5. Drawing to remember: external support of older adults' eyewitness performance.

    Science.gov (United States)

    Dando, Coral J

    2013-01-01

    Although healthy aging is accompanied by a general decline in memory functioning, environmental support at retrieval can improve older adults' (+65 years) episodic remembering. Despite those over the age of 65 years representing a growing proportion of the population, few environmental retrieval support methods have been empirically evaluated for use with older witnesses and victims of crime. Here, the efficacy of a novel retrieval technique, the Sketch Mental Reinstatement of Context, is compared with a standard Mental Reinstatement of Context and a no support control (Control). Fifty-one participants witnessed an unexpected live event, and 48 hours later were interviewed using one of three aforementioned techniques. In line with predictions emanating from cognitive theories of aging and the environmental support hypothesis, participants in the Sketch Mental Reinstatement of Context condition recalled significantly more correct information and fewer inaccurate items. The Sketch Mental Reinstatement of Context technique appears to scaffold memory retrieval in an age-appropriate manner during a post-event interview, possibly by encouraging more effortful retrieval and reducing dual-task load. As such, this procedure offers an effective alternative to current approaches, adding to the toolbox of techniques available to forensic and other interviewers.

  6. External Mentoring Support for Early Career Special Education Teachers

    Science.gov (United States)

    Dempsey, Ian; Christenson-Foggett, Judith

    2011-01-01

    The special education teaching profession has experienced longstanding problems with shortages of qualified teaching staff and with high turnover rates of these staff. A variety of issues are related to these problems, including the nature of the support that early career special education teachers receive. In this case study research, the use of…

  7. Financial services FY 1995 site support program plan WBS 6.10.4

    Energy Technology Data Exchange (ETDEWEB)

    Vodney, E.P.

    1994-09-01

    This is the signed Financial Service fiscal year 1995 Site Support Program Plan, Work Breakdown Structure 6.10.4, for the Hanford site. This plan is intended to enable the contractor to accomplish the following: ensure financial integrity in all Westinghouse Hanford Company (WHC) operation while supporting the programmatic activities of WHC, the US Department of Energy, Richland Operations Office, and other Hanford contractors; provide efficient and effective financial services, and value added audits and review that enable management to enhance future operational results.

  8. Modeling the Financial Distress of Microenterprise StartUps Using Support Vector Machines: A Case Study

    Directory of Open Access Journals (Sweden)

    Antonio Blanco-Oliver

    2014-10-01

    Full Text Available Despite the leading role that micro-entrepreneurship plays in economic development, and the high failure rate of microenterprise start-ups in their early years, very few studies have designed financial distress models to detect the financial problems of micro-entrepreneurs. Moreover, due to a lack of research, nothing is known about whether non-financial information and nonparametric statistical techniques improve the predictive capacity of these models. Therefore, this paper provides an innovative financial distress model specifically designed for microenterprise startups via support vector machines (SVMs that employs financial, non-financial, and macroeconomic variables. Based on a sample of almost 5,500 micro- entrepreneurs from a Peruvian Microfinance Institution (MFI, our findings show that the introduction of non-financial information related to the zone in which the entrepreneurs live and situate their business, the duration of the MFI-entrepreneur relationship, the number of loans granted by the MFI in the last year, the loan destination, and the opinion of experts on the probability that microenterprise start-ups may experience financial problems, significantly increases the accuracy performance of our financial distress model. Furthermore, the results reveal that the models that use SVMs outperform those which employ traditional logistic regression (LR analysis.

  9. On the Relationship between the Financial Development and Economic Growth of Tibet with Financial Support%财政扶持下西藏金融发展与经济增长的关系研究

    Institute of Scientific and Technical Information of China (English)

    巩艳红; 庞洪伟

    2016-01-01

    In this paper, based on the statistical data of the years 1978-2014, we selected four indicators includ⁃ing financial development scale, financial development efficiency, economic growth and financial support, and es⁃tablished VAR system and VECR system by adopting the method of Granger Causality Test and Impulse Re⁃sponse Analysis in order to explore the relationship between financial development, economic growth and finan⁃cial support in Tibet. The results showed:there is a long-term stable equilibrium relationship between financial development scale, financial support and economic growth in Tibet. Compared with fiscal support, the promoting effect of the scale of financial development to economic growth is stronger. And with the development of financial scale, the dependence of local economic growth on financial support is becoming less. Tibet has no endogenous expansion in financial development scale , instead it relies on external forces to promote. The financial industry's capability of resource allocation in Tibet is still relatively weak, and its positive effects on economic growth has not yet been revealed. The local government, therefore, should take measures to promote financial development of Tibet by making use of external forces like the expansion of financial scale and efficiency improvement. With the development of financial industry, the dependence of the economic growth of Tibet on financial support will gradually reduced.%文章基于1978年-2014年的统计数据,选取金融发展规模、金融发展效率、经济增长与财政扶持四个指标,通过建立VAR系统与VECR系统,采用格兰杰因果检验与脉冲响应分析等方法探讨了财政扶持下西藏金融发展与经济增长的关系。结果显示:西藏金融发展规模、财政扶持与经济增长之间具有长期稳定的均衡关系,相较于财政扶持而言,金融规模发展对经济增长的正向激励作用要更强,而且随着金融

  10. Directions of Improving the Financial Support of Export Activity of Innovative Companies in Russia and Abroad

    Directory of Open Access Journals (Sweden)

    Olga Valeryevna Nikulina

    2015-12-01

    Full Text Available In modern conditions the support of export activity is an important component of economic policy in foreign countries and Russia. Export activity of the innovative companies has special value for Russia. Consideration of financial support export activities of innovative companies gains particular relevance in the functioning of Russia in the WTO. The purpose of this study is the development and validation of practical advice on formation of an effective system of stimulating the export activities of innovative companies based on the use of financial instruments by adhering to the WTO principles and modalities. The authors used statistical analysis to evaluate the effectiveness of the instruments and the comparison to identify weaknesses in the Russian financial instruments to support exports. In determining the main directions of improving, the study used the method of forecasting on the basis of the results of the analysis and comparison. The article described the main instruments of financial support of innovation activities in Russia. The authors carried out a comparative analysis of the system to stimulate export activities in Russia and abroad. The article developed and substantiated recommendations on the formation of an effective system of state support for export of innovative companies. Conclusions drew that the Russian system of financial support of export activities requires adjusting in accordance with the rules of the WTO and the OECD, the extension of existing instruments through the use of “green” subsidies and the creation of a unified export Agency.

  11. Insight into Financial Support for Rural Land Circulation:A Case Study of China Taiwan

    Institute of Scientific and Technical Information of China (English)

    SHEN Qi; HU Zi-jun

    2012-01-01

    Based on the background of the second rural land reform in China Taiwan, we analyzed financial support measures and their effects. It comes to the insight into financial support for rural land circulation in China Taiwan for the new round of rural land reform in China mainland. It is proposed to: (i) put forth effort on rural infrastructure construction with financial special fund as major support and credit fund from policy bank as supplementary support; (ii) improve rural land evaluation, registration and guarantee systems and set up special loan for land circulation, to solve the problem of shortage of fund for farmers purchasing land; (iii) grant operating loans for rural large planting and breeding farmer households, to accelerate land circulation becoming effective; (iv) establish development fund for agriculture, farmers and rural areas, to ensure sustainable input into rural areas.

  12. Incentive-based Financial Support Scheme for Immature Renewable Energy Systems

    DEFF Research Database (Denmark)

    Andersen, Morten Thøtt; Frigaard, Peter Bak

    2015-01-01

    Most of today’s renewable energy systems rely heavily on investments as well as public financial support. This support is often given by means of a higher sales price for each kWh produced, i.e. feed-in tariffs (FITs), green certificates or Renewable Obligation Certificates (ROCs), or by a fixed...... amount, being a percentage of the construction costs of the facility. All these ways of financing have different downsides. The feed-in tariff based kWh prices have some incentives to improve the technology, but enables infeasible solutions to stay financially supported even while R&D is in status quo....... The fixed amount only helps with installation costs, which should not be an issue once the technology is sufficiently feasible. This means that the current ways of granting financial support all lack incentives for increasing production or decreasing construction costs. This paper presents a unique scheme...

  13. THE ANALYSIS OF FINANCIAL AND NON-FINANCIAL SUPPORT TO THE SECTOR OF SMALL AND MEDIUM ENTERPRISES IN THE REPUBLIC OF SRPSKA

    Directory of Open Access Journals (Sweden)

    Boban Sašić

    2015-06-01

    Full Text Available The aim of this paper is to analize the role and importance of financial and non-financial instruments of supporting the sector of small and medium enterprises (SMEs in the Republic of Srpska (RS. For that purpose, in late 2013 and early 2014, there was conducted a quantitative research on a sample of 110 respondents on the whole territory of RS, with the aim of finding the answers to the following question: What is the reason that a large number of SMEs in RS fail to provide adequate financial and non-financial support to their business activity and what measures should be taken in order to improve the current situation? In order to specify the research problem, we ask ourselves if the existing instruments of financial and non-financial support to the sector of SMEs in the RS are sufficiently developed and accessible, as to contribute to the successful growth and development of the said enterprises? We found that the above mentioned instruments of support to the SME sector in RS are not sufficiently developed. Respondents were acquainted with the sole instruments and models of financial and non-financial support that exist in RS. According to the results of the empirical research, we conclude that creating and mastering the models and instruments of financial and non-financial support to SME sector in the RS and providing the adequate business climate for their successful functioning, will increase the availability of favourable financial means for SMEs, as well as the possibility of using the positive aspects of clusters, guarantee funds, factorings and other forms of entrepreneurship infrastructure.

  14. External Technical Support for School Improvement: Critical Issues from the Chilean Experience

    Science.gov (United States)

    Osses, Alejandra; Bellei, Cristián; Valenzuela, Juan Pablo

    2015-01-01

    To what extent school improvement processes can be initiated and sustained from the outside has been a relevant question for policy-makers seeking to increase quality in education. Since 2008, the Chilean Government is strongly promoting the use of external technical support (ETS) services to support school improvement processes, as part of the…

  15. Quit4U: The Effectiveness of Combining Behavioural Support, Pharmacotherapy and Financial Incentives to Support Smoking Cessation

    Science.gov (United States)

    Ormston, R.; van der Pol, M.; Ludbrook, A.; McConville, S.; Amos, A.

    2015-01-01

    The "quit4u" stop smoking service (SSS) was developed by National Health Service (NHS) Tayside for smokers in deprived areas of Dundee (UK). quit4u combined behavioural support and pharmacotherapy with financial incentives for each week that participants remained quit. A quasi-experimental study was undertaken with smokers using quit4u…

  16. Financial Support for Farmers’ Cooperative Organizations——A Case of Yunan Province,China

    Institute of Scientific and Technical Information of China (English)

    2010-01-01

    In the paper,the status quo of the development of farmers’ cooperative organizations in Yunnan Province is introduced.And then a series of problems exist in the financial support of farmers’ cooperatives in Yunnan is analyzed,covering the unitary mainstay of credit and loan supply;inadequate credit and loan supply caused by famers’ lack of security and mortgage;farmers’ difficulties in loaning from banks or other financial institutions;single financial service,which can not satisfy the demands of farmers;the private loans are active while lacks right direction and guide;the outflow of capital in rural areas has limited the development of rural economy.In view of the above mentioned problems,countermeasures and relevant suggestions are put forward,namely increasing the subjects of the loan and credit supply and expanding the financing channels.Therefore,the spheres of business of the Agricultural Development Bank of China should be expanded.Besides,the support from Agricultural Bank of China for rural construction should be strengthened and the major role played by rural credit cooperatives in rural finance should be enforced.In addition,the innovation of financial products should be highlighted;the appearance of private financing should be allowed;financial support from the government should be increased and the preferential policies for taxes and fees should be implemented.

  17. 45 CFR 307.31 - Federal financial participation at the 80 percent rate for computerized support enforcement systems.

    Science.gov (United States)

    2010-10-01

    ... ENFORCEMENT SYSTEMS § 307.31 Federal financial participation at the 80 percent rate for computerized support... financial participation is available at the 80 percent rate to States, Territories and systems defined in 42... 45 Public Welfare 2 2010-10-01 2010-10-01 false Federal financial participation at the 80...

  18. Financial Measures for Electric Vehicles:Supporting the Integration of Renewable Energy in the Mobility Sector in Germany

    Directory of Open Access Journals (Sweden)

    Stefan Bickert

    2014-02-01

    Full Text Available Electric vehicles (EV are able to support the transition of sectors towards sustainability. The operation of these vehicles with renewable energies saves local and global emissions. Furthermore, fluctuating renewable energies can be integrated in existing energy systems by using electric vehicles for grid services. Thus, implementation of advantages requires market establishment of electric vehicles. The article provides a review on potentials of market development by comparing and studying costs of electric and conventional vehicles as well as effects of financial measures on costs of EV. These cost comparisons are based on market data and predictions of cost developments for private consumers in Germany. Costs are analysed by an economic model of Total Cost of Ownership (TCO, aiming to display financial proportionality between vehicles in different years of acquisition (2010 to 2030. In a further step, external financial measures are analysed and integrated in the cost model as one possibility to enhance and secure the market introduction. Findings demonstrate that higher costs of acquisition of electric vehicles cannot be compensated by lower costs of operation. While mobility costs of conventionally vehicles stay constant or even increase during the considered years, mobility costs of electric vehicles significantly decrease especially in the upcoming years. In all cases mobility costs of electric vehicles exceed costs of conventional vehicles, but differences are reduced from 19€ct in 2010 to 3€ct in 2030. Cost decreases of the battery have high influence on the increasing financial comparability of EV. Concerning financial measures especially a differentiation of energy prices and a compensation of grid services can help to decrease total costs of EV and to manage a shift from fossil energy resources to electricity in the mobility sector. The existing tax exemption for EV compensates only a little fraction (about 6% of the cost

  19. A Conceptual Analysis of State Support for Higher Education: Appropriations versus Need-Based Financial Aid

    Science.gov (United States)

    Toutkoushian, Robert K.; Shafiq, M. Najeeb

    2010-01-01

    In this paper, we use economic concepts to examine the choice that states make between giving appropriations to public colleges or need-based financial aid to students. We begin by reviewing the economic justification for state support for higher education. Next, we introduce a simple economic model for comparing and contrasting appropriations and…

  20. Influence of Outflow of Rural Funds on Financial Support for Agriculture

    Institute of Scientific and Technical Information of China (English)

    Jinqian; DENG; Wenkai; LUO

    2013-01-01

    Since the reform and opening-up,rural finance has made enormous contribution to rural economic development.However,with commercialization reform of financial institutions,the conflict between outflow of large funds and shortage of funds for rural economic development becomes prominent,leading to serious degradation of agricultural support function of rural finance.From the perspective of outflow of rural funds,this paper analyzes the problem of"deviation from agriculture"of rural financial business,and derives the conclusion that it is necessary and urgent to restore agricultural support function of rural finance.Then,it discusses restoration path for agricultural support function of rural finance.Finally,it comes up with some effective paths in accordance with existing problems in agricultural support function of rural finance.

  1. Tic-Tac: Accelerating a Skateboard from Rest without Touching an External Support

    Science.gov (United States)

    Kunesch, M.; Usunov, A.

    2010-01-01

    This paper outlines the solution that the Team of Austria found to problem number 7, "skateboarder", presented in the finals of the 22nd International Young Physicists' Tournament (IYPT) in Tianjin, China. We investigated how a skateboarder can accelerate from rest on a horizontal surface without touching an external support. The focus was laid on…

  2. The Transfer of Local Authority School Support Services to External Social Enterprises

    Science.gov (United States)

    Hatcher, Richard

    2015-01-01

    This paper explores an emerging and largely unresearched sector of the school education market, the transfer of local authority support services to external social enterprises. It locates these new social enterprises as a consequence of government strategies to reduce public spending, shrink local government and create competitive markets in…

  3. A Hybrid Approach of Stepwise Regression, Logistic Regression, Support Vector Machine, and Decision Tree for Forecasting Fraudulent Financial Statements

    Directory of Open Access Journals (Sweden)

    Suduan Chen

    2014-01-01

    Full Text Available As the fraudulent financial statement of an enterprise is increasingly serious with each passing day, establishing a valid forecasting fraudulent financial statement model of an enterprise has become an important question for academic research and financial practice. After screening the important variables using the stepwise regression, the study also matches the logistic regression, support vector machine, and decision tree to construct the classification models to make a comparison. The study adopts financial and nonfinancial variables to assist in establishment of the forecasting fraudulent financial statement model. Research objects are the companies to which the fraudulent and nonfraudulent financial statement happened between years 1998 to 2012. The findings are that financial and nonfinancial information are effectively used to distinguish the fraudulent financial statement, and decision tree C5.0 has the best classification effect 85.71%.

  4. Multilateral Development Banks and Their Role in Supporting European SMEs during the Current Financial Crisis

    Directory of Open Access Journals (Sweden)

    Sorin Gabriel Anton

    2013-12-01

    Full Text Available The impact of the ongoing financial crisis on the availability of finance to small and medium-sized enterprises (SMEs represents an important topic nowadays. The access to finance for SMEs is a major barrier for their growth, especially during severe conditions such as the global financial crisis. Financing the SMEs represents a priority for the most of the multilateral development banks. The aim of the paper is to analyze the activity of European multilateral development banks - European Investment Bank Group and European Bank for Reconstruction and Development - in the support of SMEs. We found that SMEs financing increased during the period 2008-2011 and the international financial institutions took several measures in order to improve the SMEs access to finance.

  5. Governance reform, external support, and environmental regulation enforcement in rural China: the case of Guangdong province.

    Science.gov (United States)

    Tang, Shui-Yan; Lo, Carlos Wing-Hung; Fryxell, Gerald E

    2010-10-01

    This paper examines how configurations of external support factors have evolved alongside governance reform in recent years and how these evolving configurations have affected regulatory enforcement in four counties in Guangdong Province in China. Based on in-depth interviews with leading officials in the local environmental protection bureaus (EPBs), we show that there have been increases in government and societal support for local EPBs in their regulatory work, thanks partly to a number of recent governance reform efforts, but many problems have remained. Based on a questionnaire survey of enforcement officials, we examine how the perceptions of government and societal support are related to EPB officials' self-perception of effectiveness. It is found that both local government support and societal support have an influence on enforcement officials' self-assessment of effectiveness, but the relationships varied considerably depending on various dimensions of effectiveness and the patterns of interactions between government and societal support.

  6. Financial Support of Tour Operator Activities: Issues of Implementation in the Russian Federation

    Directory of Open Access Journals (Sweden)

    Svetlana Valeryevna Zavyalova

    2016-07-01

    Full Text Available Studying the issues of implementation of financial support of tour operator activities in the Russian Federation, which have so far impeded the guaranteeing of protection of rights and legitimate interests of Russian tourists at a proper level, allows to formulate practical recommendations and suggestions for improvement of Russian legislation in order to enhance the efficiency of legal regulation of tourism field and protection of rights and legitimate interests of Russian citizens. The article presents a comparative study of the Russian financial guarantee institution and its foreign analogues, defines the causes of emergence of the institution of financial support of tour operator activities in Russian legislation and imposition of a prohibition on tour operator activities. We have come to the conclusion that acknowledgment of financial support of tour operator activities as financial guarantees of tour operator’s liability. Analysis of current Russian legislation allowed to detect its contradictions and develop practical recommendations for improvement of Russian tourism legislation. In particular, it allowed to draw a conclusion of the need to eliminate the non-conformance of standards of article 17.6 of the Federal law NO 132-FZ “On foundations of tourist activity in the Russian Federation” (“Tourist activity law” further on issued on 24.11.1996 to the standards of item 1 of article 48; item 1 of article 53; item 1, item 3 of article 56; article 402 of the Civil code of the Russian Federation (part one; federal law № 51-FZ issued on 30.11.1994 (the Civil code of the Russian Federation.

  7. RENEWABLE ENERGY SUPPORT MECHANISM IN TURKEY: FINANCIAL ANALYSIS AND RECOMMENDATIONS TO POLICYMAKERS

    Directory of Open Access Journals (Sweden)

    Mustafa GOZEN

    2014-04-01

    Full Text Available The Turkish Grand National Parliament passed a renewable energy promotion law that provides feed-in tariffs for electricity generation from renewable energy sources in 2005. This law was not attractive to investors due to the low level of feed-in tariffs. Then, in 2011, the promotion law was amended and a new support scheme integrated in the day-ahead market was introduced. Therefore, the main purpose of this article is to explain the new support mechanism, analyze it from the financial perspective, and discuss the related key issues and challenges. In addition, to further improve the support mechanism, some recommendations have been made to policymakers.

  8. Internal and External Regulation to Support Knowledge Construction and Convergence in Computer Supported Collaborative Learning (CSCL)

    Science.gov (United States)

    Romero, Margarida; Lambropoulos, Niki

    2011-01-01

    Computer Supported Collaborative Learning (CSCL) activities aim to promote collaborative knowledge construction and convergence. During the CSCL activity, the students should regulate their learning activity, at the individual and collective level. This implies an organisation cost related to the coordination of the activity with the team-mates…

  9. Taking responsibility for the provision of financial, housing, and emotional support for young people leaving care

    OpenAIRE

    Rogers, R.

    2014-01-01

    This article explores the financial, housing, and emotional support provided to 16–19 year old care leavers, studying in further education in England. Drawing on 28 interviews with social workers and further education college professionals the article discusses the accessibility of existing provision in England, with a particular focus on the relationships and collaborative working practices between further education professionals and social work teams. The article argues that despite the ind...

  10. Associations Between Social Support, Social Networks, and Financial Exploitation in Older Adults.

    Science.gov (United States)

    Beach, Scott R; Schulz, Richard; Sneed, Rodlescia

    2016-04-01

    Social support and social networks are important correlates of elder mistreatment. This study tests hypothesized associations between perceived social support, social network size, and financial exploitation (FE). A population-based survey of 903 older adults (60+) in Allegheny County (Pittsburgh, Pennsylvania) found that lower perceived social support and larger social networks were simultaneously associated with higher risk for FE since age 60, controlling for known risk factors. The same associations were found for FE in the last 6 months. Older adults with larger social networks combined with lower perceived social support were most likely to report FE. When it comes to the role of social relationships and risk for FE, "more may not always be better." Encouragement to widen the social network by "making new friends" should be stressed less than making sure these new network members will truly be supportive of the older adult.

  11. Efficiency of state financial support of export activity of small and medium businesses

    Directory of Open Access Journals (Sweden)

    Timur R. Urumov

    2017-03-01

    Full Text Available Objective to assess the effectiveness and role of state financial support of export activities of small and medium enterprises. Methods regression analysis abstractlogical method method of comparison. Results the need is identified to evaluate the impact of state programs of export support on the results of export operations as a mechanism for assessing the efficiency of public spending in this area. The institutions are analyzed of state support of export of small and medium businesses production in the USA and India. It is revealed that in the US the main tool of support are export credits and guarantees while in India the emphasis is on the promotion of products to the world markets. To assess the effectiveness of public expenditure on export support the data were collected and systematized on the total volume of export and the costs of its support in the United States and India. The project revealed the presence of a time lag between these indices. When building a regression model the method of least squares was applied on the basis of which three hypotheses were investigated namely those taking into account and not taking into account the presence of the time lag between variables. As a result of constructing the model it was found that in the U.S. the increase in budget spending on export support to 1mln leads to an increase in export volume to 2mln. In India the corresponding figure was 10mln. The analysis of the Russian practice of the state support of export of the small and medium businesses production showed a lack of systematic approach and poor development of the small business sector compared to the studied countries. Scientific novelty the positive relationship was revealed between the costs of exports support and export sales in the United States and India. The necessity was grounded of state the financial support of export activities of small and medium enterprises in Russia as well as product promotion through sectoral

  12. Expanding the Navy’s Managers Internal Control Program’s (MICP) Capability to Prepare for External Financial Audits

    Science.gov (United States)

    2015-06-01

    Defense Inspector General DON Department of the Navy ERP enterprise resource planning FFMIA Federal Financial Management Improvement Act FIAR...As an illustration of how the templates are used, and how they interrelate, consider the case of the DOD IG report on ERP systems (DODIG, 2012...The DODIG recommended that the Navy ERP program implement Standard Financial Information Structure (SFIS) requirements (DODIG, 2012). This

  13. ANALYSIS OF FINANCIAL INSTRUMENTS THE BASIS SUPPORT THE DEVELOPMENT OF RURAL AREAS AND FISHERIES SECTOR, ROMANIA DURING 2007-2013

    Directory of Open Access Journals (Sweden)

    CHIRCULESCU MARIA FELICIA

    2014-08-01

    Full Text Available This study presents funding opportunities to support investment and rural development and fisheries sector. Adoption of the national program and rural development as a strategic document for implementing European programs meant for rural Romania assumption of an intervention model is based on a medium-term strategy on the development of the village world. The work is based on the analysis of official documents indicating alignment programs of intervention policies in the field and on their analysis of available data that refers to the current state of implementation of programs referring to Romanian rural development. Given that the Common Agricultural Policythe (CAP budget for 2014-2020 is higher than the amounts allocated for the 2007-2013 program, consider that in determining the coordinates of financial allocation for the next year must take into account the problems encountered in previous period to eliminate them, because the efficiency of the implementation of funds to support rural development objectives depends largely on rural transformation internally and reducing disparities in the regions and communities, and externally in relation to Member States of the European Union .

  14. Exceptional Financial Support for Introduction of Inactivated Polio Vaccine in Middle-Income Countries.

    Science.gov (United States)

    Blankenhorn, Anne-Line; Cernuschi, Tania; Zaffran, Michel J

    2017-07-01

    In May 2012, the World Health Assembly declared the completion of poliovirus eradication a programmatic emergency for global public health and called for a comprehensive polio endgame strategy. The Polio Eradication and Endgame Strategic Plan 2013-2018 was developed in response to this call and demands that all countries using Oral Polio Vaccine (OPV) only introduce at least 1 dose of Inactivated Polio Vaccine (IPV) into routine immunization schedules by the end of 2015. In November 2013, the Board of Gavi (the Vaccine Alliance) approved the provision of support for IPV introduction in the 72 Gavi-eligible countries. Following analytical work and stakeholder consultations, the IPV Immunization Systems Management Group (IMG) presented a proposal to provide exceptional financial support for IPV introduction to additional OPV-only using countries not eligible for Gavi support and that would otherwise not be able to mobilize the necessary financial resources within the Polio Eradication and Endgame Strategic Plan timelines. In June 2014, the Polio Oversight Board (POB) agreed to make available a maximum envelope of US $45 million toward supporting countries not eligible for Gavi funding. This article describes the design of the funding mechanism that was developed, its implementation and the lessons learned through this process. © The Author 2017. Published by Oxford University Press for the Infectious Diseases Society of America.

  15. Sichuan’s Situation in Industrial Structure Upgrading and Financial Support

    Institute of Scientific and Technical Information of China (English)

    Zhou Ke

    2015-01-01

    slow-ly,and,as a result,the teriary industry declined too rapidly compared with overall labor productivity. Thirdly,although this form of structural imbal-ances exists, laborers in the primary sector of in-dusty of Sichuan province have been shifting to the secondary and teriary sectors. Therefore,the indus-trial structure is still continuously upgrading. Fourthly, financial development provides strong support to upgrading the industrial structure of Sichuan province. From 1978 to 2012,whenever the loan balance as a proportion of GDP rose 1%, it led to the rise of the proportion of the sum of the added value of the secondary and teriary industry in GDP by 1 . 57%. Fifthly, upgrading the industrial structure in Sichuan province is due to Granger causality effect of financial development in Sichuan province. Oth-erwise it will not happen. Based on the above conclusions, the effective method to correct the imbalance of the industrial structure in Sichuan province is to improve the la-bor productivity of the teriary industries. This can not only improve the GDP,but can also reduce the proportion of the secondary industries in the GDP. The department with the highest productivity in the teriary industry is production services. Since 1978,the production services of Sichuan province have undergone rapid development. In 2012 , the total employment of persons working in production services, including wholesale - retail, transportation storage, commercial leases, profes-sional services, information - communication, and financial insurance, reached 4. 54%, 4. 54%, 1. 12%,0. 85%,0. 84% and 0. 52%,and the total proportion was 10. 69%. However, compared with the developed economies, there is still a big gap, especially in the professional services. Concerning policy,we should open up further, improve the fiscal and taxation policies as well as land and price policies,strengthen the protection of intellectual property rights and construct talented teams,and furthermore,build an

  16. SUPPORTED CATALYST WITHOUT EXTERNAL ELECTRON DONOR FOR PROPYLENE POLYMERIZATION Ⅱ. TACTICITY DISTRIBUTION AND MICROSTRUCTURE OF POLYPROPYLENE

    Institute of Scientific and Technical Information of China (English)

    1998-01-01

    Propylene was polymerized with a novel supported Ziegler-Natta catalyst containing 2,2-di-iso-butyl-1,3-dimethoxy-propane (DIBDMP) as internal donor and in the absence of external donor. The tacticity distribution of polypropylene was obtained by using temperature rising elution fractionation (TREF) technique and microstructure of fractions was studied with 13C-NMR. Compared with the catalyst without electron donor, this catalyst gives a considerably narrower tacticity distribution. Fractionation data demonstrate that DIBDMP shows better performance than aromatic diester DNBP (di-n-butyl phthalate). Chemically inverted propylene units and less stereoblockiness are found in the first fraction. Possible reasons for these were presented.

  17. Global Combat Support System - Army Did Not Comply With Treasury and DoD Financial Reporting Requirements

    Science.gov (United States)

    2014-09-03

    No. DODIG-2014-104 S E P T E M B E R 3 , 2 0 1 4 Global Combat Support System–Army Did Not Comply With Treasury and DoD Financial Reporting...Comply With Treasury and DoD Financial Reporting Requirements 5a. CONTRACT NUMBER 5b. GRANT NUMBER 5c. PROGRAM ELEMENT NUMBER 6. AUTHOR(S) 5d...i Results in Brief Global Combat Support System–Army Did Not Comply With Treasury and DoD Financial Reporting Requirements Visit us at

  18. Financial Support for Rural Cooperative Economy in China Based on Grey Correlation Analysis

    Institute of Scientific and Technical Information of China (English)

    Fuchang; XU; Chuandong; WANG

    2015-01-01

    This paper firstly analyzed current situations of financial support for rural cooperative economy in China and tested the correlation between rural finance and rural cooperative economy using the grey correlation analysis method. Results indicate that there is a close relationship between amount,structure and efficiency of rural finance and development of rural cooperative economy. The amount of rural finance has the largest promotion function to development of rural cooperative economy,the next is rural finance structure,and the least is efficiency of rural finance. Based on research conclusions,it came up with pertinent policy recommendations.

  19. Recommendations from the External Auditors to the CERN Pension Fund Management on the Annual Report and Financial Statements for the year ended 31 December 2015 and comments from the CERN Pension Fund Management

    CERN Document Server

    2016-01-01

    Recommendations from the External Auditors to the CERN Pension Fund Management on the Annual Report and Financial Statements for the year ended 31 December 2015 and comments from the CERN Pension Fund Management

  20. Recommendations from the External Auditors to the CERN Pension Fund Management on the Annual Report and Financial Statements for the Year Ended 31 December 2016 and Comments from the CERN Pension Fund Management

    CERN Document Server

    2017-01-01

    Recommendations from the External Auditors to the CERN Pension Fund Management on the Annual Report and Financial Statements for the Year Ended 31 December 2016 and Comments from the CERN Pension Fund Management

  1. Triple play: Additive contributions of enhanced expectancies, autonomy support, and external attentional focus to motor learning.

    Science.gov (United States)

    Wulf, Gabriele; Lewthwaite, Rebecca; Cardozo, Priscila; Chiviacowsky, Suzete

    2017-01-24

    In the OPTIMAL theory of motor learning [Wulf, G., & Lewthwaite, R. (2016). Optimizing performance through intrinsic motivation and attention for learning: The OPTIMAL theory of motor learning. Psychonomic Bulletin & Review. doi:10.3758/s13423-015-0999-9], 3 factors are postulated to facilitate learning: enhanced expectancies (EE) for performance, autonomy support (AS), and an external focus (EF) of attention. In 3 recent studies, combinations 2 of these variables resulted in superior learning relative to the presence of only 1 variable, or none. We examined whether the combination of all 3 factors would enhance learning relative to combinations of 2 factors. Our design included EE-AS, EE-EF, AS-EF, and AS-EE-EF groups. Participants threw balls at a target with their non-dominant arm. In the EE conditions, they received positive social-comparative feedback. In the AS conditions, they were allowed to throw with their dominant arm on trial blocks chosen by them. In the EF conditions, participants were asked to focus on the target. On a delayed retention test, the AS-EE-EF group outperformed all other groups. The findings provide evidence that enhanced expectancies, autonomy support, and an external focus can contribute in an additive fashion to optimize motor learning.

  2. Study of Internal and External Leaks in Tests of Anode-Supported SOFCs

    DEFF Research Database (Denmark)

    Rasmussen, Jens Foldager Bregnballe; Hendriksen, Peter Vang; Hagen, Anke

    2008-01-01

    A planar anode-supported solid oxide fuel cell (SOFC) has been tested to investigate gas tightness of the electrolyte and the applied seals. Gas leaks reduce the efficiency of the SOFC and it is thus important to determine and minimise them. Probe gases (He and Ar) and a Quadrupole Mass Spectrome......A planar anode-supported solid oxide fuel cell (SOFC) has been tested to investigate gas tightness of the electrolyte and the applied seals. Gas leaks reduce the efficiency of the SOFC and it is thus important to determine and minimise them. Probe gases (He and Ar) and a Quadrupole Mass...... Spectrometer were used to detect both internal (through electrolyte) and external (through seals) gas leaks. The internal gas leak through the electrolyte was quantified under different conditions, as was the external leak from the surroundings to the anode. The internal gas leak did not depend on the pressure...... and pressure gradients. The measured gas leaks deduced from the probe gas experiments and the total leak calculated from the deviation between the Emf defined by the gases and the cell OCV (which contains all gas leaks as well as effects of electronic leaks) were compared. Good agreement between the two...

  3. Technology as Teammate: Examining the Role of External Cognition in Support of Team Cognitive Processes

    Science.gov (United States)

    Fiore, Stephen M.; Wiltshire, Travis J.

    2016-01-01

    In this paper we advance team theory by describing how cognition occurs across the distribution of members and the artifacts and technology that support their efforts. We draw from complementary theorizing coming out of cognitive engineering and cognitive science that views forms of cognition as external and extended and integrate this with theorizing on macrocognition in teams. Two frameworks are described that provide the groundwork for advancing theory and aid in the development of more precise measures for understanding team cognition via focus on artifacts and the technologies supporting their development and use. This includes distinctions between teamwork and taskwork and the notion of general and specific competencies from the organizational sciences along with the concepts of offloading and scaffolding from the cognitive sciences. This paper contributes to the team cognition literature along multiple lines. First, it aids theory development by synthesizing a broad set of perspectives on the varied forms of cognition emerging in complex collaborative contexts. Second, it supports research by providing diagnostic guidelines to study how artifacts are related to team cognition. Finally, it supports information systems designers by more precisely describing how to conceptualize team-supporting technology and artifacts. As such, it provides a means to more richly understand process and performance as it occurs within sociotechnical systems. Our overarching objective is to show how team cognition can both be more clearly conceptualized and more precisely measured by integrating theory from cognitive engineering and the cognitive and organizational sciences. PMID:27774074

  4. Technology as Teammate: Examining the Role of External Cognition in Support of Team Cognitive Processes.

    Science.gov (United States)

    Fiore, Stephen M; Wiltshire, Travis J

    2016-01-01

    In this paper we advance team theory by describing how cognition occurs across the distribution of members and the artifacts and technology that support their efforts. We draw from complementary theorizing coming out of cognitive engineering and cognitive science that views forms of cognition as external and extended and integrate this with theorizing on macrocognition in teams. Two frameworks are described that provide the groundwork for advancing theory and aid in the development of more precise measures for understanding team cognition via focus on artifacts and the technologies supporting their development and use. This includes distinctions between teamwork and taskwork and the notion of general and specific competencies from the organizational sciences along with the concepts of offloading and scaffolding from the cognitive sciences. This paper contributes to the team cognition literature along multiple lines. First, it aids theory development by synthesizing a broad set of perspectives on the varied forms of cognition emerging in complex collaborative contexts. Second, it supports research by providing diagnostic guidelines to study how artifacts are related to team cognition. Finally, it supports information systems designers by more precisely describing how to conceptualize team-supporting technology and artifacts. As such, it provides a means to more richly understand process and performance as it occurs within sociotechnical systems. Our overarching objective is to show how team cognition can both be more clearly conceptualized and more precisely measured by integrating theory from cognitive engineering and the cognitive and organizational sciences.

  5. Bridging the gap: leveraging business intelligence tools in support of patient safety and financial effectiveness.

    Science.gov (United States)

    Ferranti, Jeffrey M; Langman, Matthew K; Tanaka, David; McCall, Jonathan; Ahmad, Asif

    2010-01-01

    Healthcare is increasingly dependent upon information technology (IT), but the accumulation of data has outpaced our capacity to use it to improve operating efficiency, clinical quality, and financial effectiveness. Moreover, hospitals have lagged in adopting thoughtful analytic approaches that would allow operational leaders and providers to capitalize upon existing data stores. In this manuscript, we propose a fundamental re-evaluation of strategic IT investments in healthcare, with the goal of increasing efficiency, reducing costs, and improving outcomes through the targeted application of health analytics. We also present three case studies that illustrate the use of health analytics to leverage pre-existing data resources to support improvements in patient safety and quality of care, to increase the accuracy of billing and collection, and support emerging health issues. We believe that such active investment in health analytics will prove essential to realizing the full promise of investments in electronic clinical systems.

  6. MODERN ROLE OF THE REPORT ON FINANCIAL RESULTS AND THE FEATURES OF ITS EXTERNAL AND INTERNAL ANALYSIS

    Directory of Open Access Journals (Sweden)

    Babackov A. N.

    2014-09-01

    Full Text Available This article examines the significance of the statement of financial performance in the current conditions. Factor analysis of earnings is studied in detail. The basic principles and steps of constructing a report for RAS and IAS have been revealed

  7. Histology of a Marfan aorta 4.5 years after personalized external aortic root support.

    Science.gov (United States)

    Pepper, John; Goddard, Martin; Mohiaddin, Raad; Treasure, Tom

    2015-09-01

    In 2008, a 26-year old man had personalized external aortic root support (PEARS) with a macroporous mesh. He was the 16th of 46 patients to have this operation. He had a typical Marfan habitus. His mother died of this disease as did his brother, with an aortic dissection. The patient himself died suddenly 4.5 years after his PEARS operation. At autopsy, there was no blood in the pericardium. The coronary orifices and proximal arteries were normal. His bicuspid aortic valve was minimally regurgitant as it was prior to operation and remained throughout follow-up. Macroscopically the implanted mesh was embedded in the adventitia and not separable from the aortic wall. Microscopically it was fully incorporated with collagen fibres as has been seen in our animal studies. The unsupported aortic arch showed some focal fragmentation of elastic fibres and a mild increase in mucopolysaccharides consistent with Marfan syndrome. These appearances were not present in the supported aortic root, which had the histological appearance of a normal aorta. He was the first patient to die with an implant. The histological appearances suggest the possibility that the incorporated support of the aortic root allowed recovery of the microstructure of the media.

  8. Building political and financial support for science and technology for agriculture

    Science.gov (United States)

    Beachy, Roger N.

    2014-01-01

    The high rate of return on investments in research and development in agriculture, estimated at between 20- and 40-fold, provides a strong rationale for increasing financial support for such research. Furthermore, the urgency to provide sufficient nutrition for a growing population amid growing demands for an expanding bioeconomy, while facing population growth and changing global weather patterns heightens the urgency to expand research and development in this field. Unfortunately, support by governments for research has increased at a fraction of the rate of increases in support of research for health, energy, etc. Although there have been significant increases in investments by the private sector over the past two decades, much of the foundational research that supports private-sector activities is generated in the public sector. To achieve the greatest benefits of breakthroughs in research, it may be necessary to reconfigure research funding and technology transfer mechanisms in order to more rapidly apply discoveries to local needs as well as to global challenges. Some changes will likely require significant organizational, administrative and operational changes in education and research institutions. PMID:24535386

  9. Building political and financial support for science and technology for agriculture.

    Science.gov (United States)

    Beachy, Roger N

    2014-04-05

    The high rate of return on investments in research and development in agriculture, estimated at between 20- and 40-fold, provides a strong rationale for increasing financial support for such research. Furthermore, the urgency to provide sufficient nutrition for a growing population amid growing demands for an expanding bioeconomy, while facing population growth and changing global weather patterns heightens the urgency to expand research and development in this field. Unfortunately, support by governments for research has increased at a fraction of the rate of increases in support of research for health, energy, etc. Although there have been significant increases in investments by the private sector over the past two decades, much of the foundational research that supports private-sector activities is generated in the public sector. To achieve the greatest benefits of breakthroughs in research, it may be necessary to reconfigure research funding and technology transfer mechanisms in order to more rapidly apply discoveries to local needs as well as to global challenges. Some changes will likely require significant organizational, administrative and operational changes in education and research institutions.

  10. To Pay or Not to Pay: Examining Underlying Principles in the Debate on Financial Support for Family Caregivers

    Science.gov (United States)

    Keefe, Janice

    2007-01-01

    In many countries one approach to supporting family-and-friend caregivers is direct financial or monetary support. Debates about the benefits and consequences of such policies pervade the literature. Building on the premise that values underlie public policy, the paper examines four policy paradoxes in the literature and uses selected examples…

  11. Financial Supporting Tools of Rural Tourism Development in Nitra Self-Governing Region

    Directory of Open Access Journals (Sweden)

    Jarábková Jana

    2016-06-01

    Full Text Available Rural tourism is one of the opportunities, which can positively influence productivity and incomes in rural areas. European Union set the rural development as part of its priorities. This development has been conducted through several measures aimed at education, cooperation, municipality development, ecological agriculture, diversification of economic activities, etc. Rural tourism is a result of diversification of economic activities towards non-agricultural activities. The paper focuses on analysing financial tools of support used for rural tourism development. Development projects realized in the Nitra Self-governing Region (NSR during programming period 2007 - 2013 (plus 2 years are evaluated. These projects have been financed through different grant schemes created by the European Union (realised by Ministries, Local Action Groups, Agricultural Paying Agency and also by the Nitra Self-governing Region. The paper also illustrates the localisation of approved projects and their purpose.

  12. Evaluation of the Performance of Financial Support for Agriculture in Guizhou Province Using Secondary Relative Benefit Model Based on DEA

    Institute of Scientific and Technical Information of China (English)

    2012-01-01

    We use the secondary relative benefit model based on DEA to evaluate the performance of agricultural financial expenditure in Guizhou Province, which can give due consideration to the production effectiveness determined by objective natural conditions, and management effectiveness of all regions (as decision-making body) in the use of financial fund for supporting agriculture. In general, there is north-south gradient difference in the performance of financial support for agriculture between regions in Guizhou Province. The drought in 2010 has significant impact on the technical efficiency in the whole province; the performance score of each item in Liupanshui City and Southwest Guizhou is very low; the technical efficiency and management efficiency in most regions need to be improved. In order to improve the performance of financial support for agriculture, we need to ensure the scale of input; at the same time, provide appropriate preferential financial policies for agricultural infrastructure, especially the construction of rural water conservancy, development and promotion of agricultural science and technology, and other fields; adopt the way of special check and acceptance of supporting projects to strengthen the use management of the fund for agriculture.

  13. The Theoretical and Practical Aspects of Forming the Financial Support for the Health Care System

    Directory of Open Access Journals (Sweden)

    Goncharuk Svitlana M.

    2017-04-01

    Full Text Available The objectives of the article are: defining the theoretical and methodological foundations for financial support for health care institutions; disclosure of the concept and substance of the targeted budget programs in the health care system; a critical analysis of the current practice in the use of performance indicators for the targeted budget programs; improving the methods for managerial decision-making in the course of implementation of the targeted budget programs; determining ways to improve the effectiveness and efficiency of the targeted budget programs in the health care system. In order to develop the health care sector, there’s a necessity to define the order and mechanisms for the priority financing, as well as the personnel and material-technical provision of health care institutions. There is also a need for the State support and regulation of an adequate financing for health care programs to achieve equal access in different regions of Ukraine. It is important further to define the specifics of the health sector’s targeted programs that will facilitate management of them.

  14. Quality of basic life support education and automated external defibrillator setting in schools in Ishikawa, Japan.

    Science.gov (United States)

    Takamura, Akiteru; Ito, Sayori; Maruyama, Kaori; Ryo, Yusuke; Saito, Manami; Fujimura, Shuhei; Ishiura, Yuna; Hori, Ariyuki

    2017-03-01

    Automated external defibrillators (AED) have been installed in schools in Japan since 2004, and the government strongly recommends teaching basic life support (BLS). We therefore examined the quality of BLS education and AED installation in schools. We conducted a prefecture-wide questionnaire survey of all primary and junior high schools in 2016, to assess BLS education and AED installation against the recommendations of the Japan Circulation Society. The results were analyzed using descriptive statistics and chi-squared test. In total, 195 schools out of 315 (62%) responded, of which 38% have introduced BLS education for children. BLS training was held in a smaller proportion of primary schools (18%) than junior high schools (86%). More than 90% of primary school staff had undergone BLS training in the previous 2 years. The most common locations of AED were the gymnasium (32%) followed by entrance hall (28%), staffroom (25%), and infirmary (12%). The reasons given for location were that it was obvious (34%), convenient for staff (32%), could be used out of hours (17%), and the most likely location for a heart attack (15%). Approximately 18% of schools reported that it takes >5 min to reach the AED from the furthest point. BLS training, AED location, and understanding of both are not sufficient to save children's lives efficiently. Authorities should make recommendations about the correct number of AED, and their location, and provide more information to improve the quality of BLS training in schools. © 2016 Japan Pediatric Society.

  15. Pipeline integrity management in an urban environment supported by an External Corrosion Direct Assessment (ECDA) application

    Energy Technology Data Exchange (ETDEWEB)

    Dus, Pedro Luiz; Valente, Antonio Carlos Rodrigues [Companhia de Gas de Sao Paulo (COMGAS), Sao Paulo, SP (Brazil); Valdes, Alberto [GE Oil and Gas-PII Pipeline Solutions, Houston, TX (United States)

    2009-07-01

    COMGAS is the largest natural gas distributing company in Brazil, having more than 700,000 costumers. Gas delivery to this customer base is achieved through a network of high-pressure steel pipelines (17 and 35 bar) with around 1,100 km (690 miles) in length, the majority operating inside urban areas. The Integrity Management of this network is a particularly difficult task since neither pigging nor hydrostatic testing can be used to inspect the existing pipelines. Direct Assessment (DA) is the only assessment technique available at the moment. As an initial stage COMGAS has implemented an innovative project called SIA (Sistema de Integridade de Ativos). SIA combines functionality targeted for guiding and implementing an External Corrosion Assessment (ECDA) procedure, with full data alignment and integration, corporate policies on safety and dedicated reporting capabilities. Seamless interaction between SIA and the existing Operations GIS system was a key specification requirement for the construction of the system. This paper describes the lessons learned during the implementation of the ECDA module of the SIA, the first application experiences of the ECDA process with the support of the module and the initial benefits obtained from the use of the new Integrity Management System. (author)

  16. Properties of Neurons in External Globus Pallidus Can Support Optimal Action Selection.

    Directory of Open Access Journals (Sweden)

    Rafal Bogacz

    2016-07-01

    Full Text Available The external globus pallidus (GPe is a key nucleus within basal ganglia circuits that are thought to be involved in action selection. A class of computational models assumes that, during action selection, the basal ganglia compute for all actions available in a given context the probabilities that they should be selected. These models suggest that a network of GPe and subthalamic nucleus (STN neurons computes the normalization term in Bayes' equation. In order to perform such computation, the GPe needs to send feedback to the STN equal to a particular function of the activity of STN neurons. However, the complex form of this function makes it unlikely that individual GPe neurons, or even a single GPe cell type, could compute it. Here, we demonstrate how this function could be computed within a network containing two types of GABAergic GPe projection neuron, so-called 'prototypic' and 'arkypallidal' neurons, that have different response properties in vivo and distinct connections. We compare our model predictions with the experimentally-reported connectivity and input-output functions (f-I curves of the two populations of GPe neurons. We show that, together, these dichotomous cell types fulfil the requirements necessary to compute the function needed for optimal action selection. We conclude that, by virtue of their distinct response properties and connectivities, a network of arkypallidal and prototypic GPe neurons comprises a neural substrate capable of supporting the computation of the posterior probabilities of actions.

  17. Reasons for changes in the value of unit pressure of compression products supporting external treatment

    Science.gov (United States)

    Kowalski, K.; Ilska, A.; Kłonowska, M.

    2016-07-01

    The paper presents the basics of modelling compression products with intended values of unit pressure for body circumferences with fixed and variable radius of curvature. The derived relationships referring to the dimensions of the fabric's circumferences in a relaxed state of the product were based on Laplace law, local values of the radius of curvature, and the characteristics of stretching and relaxing (deformation) of the knitted fabric, described by experimental relation for the stress and relaxation phase for the 6th hysteresis loop, taking into account confidence intervals. The article indicates the possibilities of using 3D scanning techniques of the human body to identify the radius of curvature of various circumference of the human silhouette, for which the intended value of the unit pressure is designed, and quantitative changes in the body deformation due to compression. Classic method of modelling and design of compression products, based on a cylindrical model of the human body does not provide in each case the intended value of unit pressure, according to specific normative requirements, because it neglects the effect of different values of the radius of curvature of the body circumference and the properties of the viscoelastic knitted fabrics. The model and experimental research allowed for a quantitative and qualitative assessment of the reasons for the changes in the value of unit pressure of compression products supporting the process of external treatment.

  18. Developing Financial Industry Must Depend on Support of the Capital Market

    Institute of Scientific and Technical Information of China (English)

    Zheng Xinlin

    2007-01-01

    @@ The first issue-the importance and urgency of developing financial industry at present. Through 28 years of reform and opening up, China's industrial capital and economy aggregate have stood in the front row, ranking the fourth in the world. In comparison with industry, financial capital is much less developed. It might even be said that the country is a giant in industry and a dwarf in financial capital.

  19. How Many Graduating Family Medicine Residents Have Chosen Financial Support for Service Commitments?

    Science.gov (United States)

    Phillips, Julie; Peterson, Lars E; Fang, Bo; Kovar-Gough, Iris; Phillips, Robert L

    2017-09-01

    New family physicians have opportunities to avoid accruing educational debt or have loans repaid by making a commitment to public service. Little information is available about the numbers of early career family physicians who have made service commitments to fund their education. The purpose of this study is to describe the proportion of graduating family medicine residents who have enrolled in US military and National Health Service Corps (NHSC) scholarship and loan repayment programs, thus obligating them to future public service. The study was a secondary analysis of de-identified data from the 2014 and 2015 American Board of Family Medicine examination registration questionnaire, which is required of all residents applying for board certification. Descriptive statistics were used to indicate the numbers and proportions of respondents who indicated military or NHSC financial support. Chi square analyses were used to analyze differences between groups. Of the 6,231 residents studied, 271 (4.4%) had either obtained military support (n=191, 3.1%) or enrolled in the NHSC (n=80, 1.3%). More men had enrolled in the military than women (4.2% vs 2.2%, P<0.01), but there was no significant NHSC gender difference. Underrepresented minorities (URM) were twice as likely to have enrolled in NHSC as non-URM residents (2.5% vs 1.0%, P<0.01). Only a small fraction of graduating family medicine residents have used either military enrollment or NHSC scholarships to fund their education. Family medicine should advocate strongly for expansion of the NHSC scholarship program, which receives many more applications than it can support.

  20. Preschool Teachers' Financial Well-Being and Work Time Supports: Associations with Children's Emotional Expressions and Behaviors in Classrooms

    Science.gov (United States)

    King, Elizabeth K.; Johnson, Amy V.; Cassidy, Deborah J.; Wang, Yudan C.; Lower, Joanna K.; Kintner-Duffy, Victoria L.

    2016-01-01

    The current study examined associations among teachers' financial well-being, including teachers' wages and their perceptions of their ability to pay for basic expenses, and teachers' work time supports, including teachers' paid planning time, vacation days, and sick days, and children's positive emotional expressions and behaviors in preschool…

  1. Preschool Teachers' Financial Well-Being and Work Time Supports: Associations with Children's Emotional Expressions and Behaviors in Classrooms

    Science.gov (United States)

    King, Elizabeth K.; Johnson, Amy V.; Cassidy, Deborah J.; Wang, Yudan C.; Lower, Joanna K.; Kintner-Duffy, Victoria L.

    2016-01-01

    The current study examined associations among teachers' financial well-being, including teachers' wages and their perceptions of their ability to pay for basic expenses, and teachers' work time supports, including teachers' paid planning time, vacation days, and sick days, and children's positive emotional expressions and behaviors in preschool…

  2. The Roles of Financial Threat, Social Support, Work Stress, and Mental Distress in Dairy Farmers’ Expectations of Injury

    Science.gov (United States)

    Furey, Emilia M.; O’Hora, Denis; McNamara, John; Kinsella, Stephen; Noone, Chris

    2016-01-01

    Farming is dangerous, with fatalities among the highest in any occupation. Farmers often work alone, for long hours, with unreliable equipment and in difficult weather conditions with hazardous chemicals and livestock. In addition, farmers make large financial commitments exposing them to high levels of financial risk. Exposure to such financial risk can give rise to subjective experiences of financial threat (FT) that are psychologically challenging. The current study attempted to characterize the role that FT plays in farm injuries. One hundred and twenty one dairy farmers completed a battery of questionnaires assessing FT, social support (SS), depression, anxiety, farm job stress, and health and safety beliefs. Mental distress directly predicted farmers’ expectations of injury and a direct effect of non-financial farm stress (FS) approached significance. Mental distress mediated these relationships as evidenced by significant indirect effects of FS and FT, and SS served to reduce distress. These findings support calls for interventions designed to reduce FS and FT and increase SS for farmers. PMID:27446893

  3. Government-Sponsored Bursaries: Examining Financial Support for Residents to Study at Home

    Science.gov (United States)

    James-MacEachern, Melissa

    2017-01-01

    This study examines the George Coles bursary program--a financial aid plan designed to "keep residents at home" so they can attend university, by providing a bursary in their first year of university following high school graduation. The study offers insight into higher education students' financial circumstances, thereby suggesting…

  4. The Association of Maternal Depressive Symptoms with Child Externalizing Problems: The Role of Maternal Support Following Child Sexual Abuse

    Science.gov (United States)

    Rakow, Aaron; Smith, Daniel; Begle, Angela M.; Ayer, Lynsay

    2011-01-01

    This study examines the role of abuse-specific maternal support in the association between parent depressive symptoms and child externalizing problems in a sample of children with a history of sexual abuse. In total, 106 mother-child dyads were studied. The association between maternal depressive symptoms and child delinquency behaviors was found…

  5. Development of village doctors in China: financial compensation and health system support.

    Science.gov (United States)

    Hu, Dan; Zhu, Weiming; Fu, Yaqun; Zhang, Minmin; Zhao, Yang; Hanson, Kara; Martinez-Alvarez, Melisa; Liu, Xiaoyun

    2017-07-01

    Since 1968, China has trained about 1.5 million barefoot doctors in a few years' time to provide basic health services to 0.8 billion rural population. China's Ministry of Health stopped using the term of barefoot doctor in 1985, and changed policy to develop village doctors. Since then, village doctors have kept on playing an irreplaceable role in China's rural health, even though the number of village doctors has fluctuated over the years and they face serious challenges. United Nations declared Sustainable Development Goals in 2015 to achieve universal health coverage by 2030. Under this context, development of Community Health workers (CHWs) has become an emerging policy priority in many resource-poor developing countries. China's experiences and lessons learnt in developing and maintaining village doctors may be useful for these developing countries. This paper aims to synthesis lessons learnt from the Chinese CHW experiences. It summarizes China's experiences in exploring and using strategic partnership between the community and the formal health system to develop CHWs in the two stages, the barefoot doctor stage (1968 -1985) and the village doctor stage (1985-now). Chinese and English literature were searched from PubMed, CNKI and Wanfang. The information extracted from the selected articles were synthesized according to the four partnership strategies for communities and health system to support CHW development, namely 1) joint ownership and design of CHW programmes; 2) collaborative supervision and constructive feedback; 3) a balanced package of incentives, both financial and non-financial; and 4) a practical monitoring system incorporating data from the health system and community. The study found that the townships and villages provided an institutional basis for barefoot doctor policy, while the formal health system, including urban hospitals, county health schools, township health centers, and mobile medical teams provided training to the barefoot

  6. External communication FY 1995 Site Support Program Plan WBS 6.10.6

    Energy Technology Data Exchange (ETDEWEB)

    Whiting, W.P.

    1994-09-01

    External Communications activities provide value to the company, its projects, and DOE by achieving compliance to more than 30 DOE orders, DOE directives, policies, state and federal laws. Through the systematic development of informed consent involving Hanford management, stakeholders, the general public and regulators, Hanford cleanup is better able to proceed in concert with involved parties. External Communications provides further efficiencies as the single point of contact for media interactions which otherwise would be scattered throughout WHC programs. Enhanced efficiency is expected from the realignment of multi-purpose communication teams which are dedicated to five key programmatic areas: TWRS Communications, Transition Facilities Communications, Spent Fuels Communications, Waste, Analytical and Environmental Services Communications, and Program Communications Services.

  7. Financial services FY 1996 site support program plan, WBS 6.10.4. Revision 1

    Energy Technology Data Exchange (ETDEWEB)

    Schafer, D.D.

    1995-09-01

    This program plan outlines the financial services to be provided to the Hanford reservation by the Westinghouse Hanford Company. The topics of the plan include the Hanford strategic plan, program mission, program strategy, technical requirements baseline, schedule baseline, cost baseline, performance measures, technical objectives, program performance and program funding required.

  8. Supporting Dictation Speech Recognition Error Correction: The Impact of External Information

    Science.gov (United States)

    Shi, Yongmei; Zhou, Lina

    2011-01-01

    Although speech recognition technology has made remarkable progress, its wide adoption is still restricted by notable effort made and frustration experienced by users while correcting speech recognition errors. One of the promising ways to improve error correction is by providing user support. Although support mechanisms have been proposed for…

  9. Supporting Dictation Speech Recognition Error Correction: The Impact of External Information

    Science.gov (United States)

    Shi, Yongmei; Zhou, Lina

    2011-01-01

    Although speech recognition technology has made remarkable progress, its wide adoption is still restricted by notable effort made and frustration experienced by users while correcting speech recognition errors. One of the promising ways to improve error correction is by providing user support. Although support mechanisms have been proposed for…

  10. An overview of financial sources being utilized to support Zika Virus published research.

    Science.gov (United States)

    Goodridge, Keisha; Reveiz, Ludovic; Elias, Vanessa

    2017-01-01

    Since its initial detection in Brazil in 2015, Zika Virus (ZIKV) has spread rapidly throughout most of the Caribbean and South, Central and North America. An upsurge in congenital syndrome associated with ZIKV and Guillain-Barre Syndrome (GBS) has been associated with the increase in ZIKV. This amplification in numbers led to the need for funded research initiatives focusing on various countries globally and on specific experimental types. To determine the financial institutions involved in the production of primary research into the ZIKV epidemic. This research also intends to draw attention to the investigative areas that are dominating, experimental types being conducted and the geographical areas that are producing the bulk of the research utilizing available funds. A cross sectional search of published primary research was conducted using Pan American Health Organization (PAHO) Zika platform and PubMed between January 2007 and October 2016. Titles, abstract and full articles were assed and one researcher extracted data. Information was crossed checked by a second researcher to ensure accuracy. 268 articles were included and investigations occurred across 48 countries with Brazil and USA dominating the research. Applied Research and Laboratory based studies were most frequently utilized. 38.1% of articles did not report financial sources. Public institutions were the major known contributors. Other financiers included private, non-profits and mixed funders exclusive of public sources. 156 individual financial bodies assisted with National Institute of Health being most frequently mentioned followed by The National Council for Scientific and Technological Development (CNPq) and the Institut Pasteur. Virus, vectors and reservoirs was most frequently used (99/268, 36.9%) followed by clinical management (70/268, 26.1%) and epidemiology (46/268, 17.2%). The evidence suggests international efforts to fund ZIKV research and a need to foster collaborative and

  11. External longitudinal titanium support for the repair of complex pectus excavatum in adults.

    Science.gov (United States)

    Puma, Francesco; Vannucci, Jacopo; Santoprete, Stefano

    2012-12-01

    Several techniques exist for the repair of complex pectus excavatum. The placement of retrosternal metal bars improves the results by reducing the recurrence rate, but entails several possible risks, complications and disadvantages. A new method, specifically conceived for the repair of severe, asymmetric forms in adult patients, is reported. The corrected bone is fixed in the proper position by two, patient-customized, titanium struts, externally screwed to the manubrium and sternal body. Any retrosternal bar is thus avoided, reducing possible complications, without hampering the chest wall dynamic. In this particularly difficult issue, this technique provides long-term good functional, mechanical and cosmetic results and does not entail a second surgery for struts removal.

  12. Integrating internal and external bioanalytical support to deliver a diversified pharmaceutical portfolio.

    Science.gov (United States)

    Summerfield, Scott G; Evans, Christopher; Spooner, Neil; Dunn, John A; Szapacs, Matthew E; Yang, Eric

    2014-05-01

    The portfolios of pharmaceutical companies have diversified substantially over recent years in recognition that monotherapies and/or small molecules are less suitable for modulating many complex disease etiologies. Furthermore, there has been increased pressure on drug-development budgets over this same period. This has placed new challenges in the path of bioanalytical scientists, both within the industry and with contract research organizations (CROs). Large pharmaceutical, biotechnology and small-medium healthcare enterprises have had to make important decisions on what internal capabilities they wish to retain and where CROs offers a significant strategic benefit to their business model. Our journey has involved asking where we believe an internal bioanalytical facility offers the greatest benefit to progressing drug candidates through the drug-development cycle and where externalization can help free up internal resources, adding flexibility to our organization in order to deal with the inevitable peaks and troughs in workload.

  13. Meta-Language Support for Type-Safe Access to External Resources

    NARCIS (Netherlands)

    Hills, M.A.; Klint, P.; Vinju, J.J.; Czarnecki, K.; Hedin, G.

    2012-01-01

    Meta-programming applications often require access to heterogeneous sources of information, often from different technological spaces (grammars, models, ontologies, databases), that have specialized ways of defining their respective data schemas. Without direct language support, obtaining typed acce

  14. Supporting Beginner Teacher Identity Development: External Mentors and the Third Space

    Science.gov (United States)

    McIntyre, Joanna; Hobson, Andrew J.

    2016-01-01

    This paper reports findings from a study of support provided by non-school-based mentors of secondary science teachers in England. It focuses on the identity development of beginning teachers of physics, some of the recipients of the mentoring. Drawing on the analysis of interview and case study data, and utilising third space theory, the authors…

  15. Portability of student financial support. An inventory in 23 European Countries

    NARCIS (Netherlands)

    Vossensteyn, Johan J.

    2004-01-01

    This reports deals with the question to what extent national student support can be used for study abroad. The report shows that such opportunities are much stronger for short-term study visits than for full-degree study abroad. In addition, indirect support (support through students¿ parents) can

  16. The Use of Means of Artificial Intelligence for the Decision Making Support on Financial Market

    OpenAIRE

    Vrba, Patrik

    2011-01-01

    Diplomová práce se zaměřuje na aplikaci nástrojů umělé inteligence pro predikce vývoje finančních trhů. Hlavní důraz je kladen na vyhodnocení využitelnosti neuronových sítí, pro stanovení predikcí na devizových trzích. Zároveň je poskytnut návrh řešení, pro plně automatizované zpracování tržních dat a následné generování obchodních příkazů. This Master's thesis focuses on applying artificial intelligence tools for the prediction of development financial markets. Major emphasis is placed on...

  17. Advantages of multiple algorithm support in treatment planning system for external beam dose calculations

    Directory of Open Access Journals (Sweden)

    Animesh

    2005-01-01

    Full Text Available The complexity of interactions and the nature of the approximations made in the formulation of the algorithm require that the user be familiar with the limitations of various models. As computer power keeps growing, calculation algorithms are tending more towards physically based models. The nature and quantity of the data required varies according to the model which may be either measurement based models or physical based models. Multiple dose calculation algorithm support found in XiO Treatment Planning System can be used to advantage when choice is to be made between speed and accuracy. Thus XiO allows end users generate plans accurately and quickly to optimize the delivery of radiation therapy.

  18. The Impacts of Household Financial Stress, Resilience, Social Support, and Other Adversities on the Psychological Distress of Western Sydney Parents

    Directory of Open Access Journals (Sweden)

    Melanie Taylor

    2017-01-01

    Full Text Available This study investigated the prevalence of psychological distress among parents in Western Sydney households and examined its relationship with household financial, family and life stressors, and potential resilience factors. As part of a longer-term study, parents from Western Sydney, New South Wales (NSW, completed computer-assisted telephone interviews (CATI in May 2011 (N=439. Respondents were primary caregivers of at least one child (aged 4–16. Responses were weighted to reflect the Western Sydney population. Multivariate analyses were conducted to examine the relationship between parent experiences of stressor and resilience factors and reported psychological distress. Overall, 10.7% (95% CI: 7.8, 14.5 reported experiencing high/very high levels of psychological distress. Multivariate analysis indicated that financial hardship factors formed the strongest associations with psychological distress particularly housing and job security factors and, specifically, inability to meet mortgage/rent payments (OR=5.15, 95% CI: 1.74–15.25, p=0.003, poor self-rated health (OR=4.48, 95% CI: 1.88–10.64, p=0.001, adult job loss (OR=3.77, 95% CI: 1.33–10.66, p=0.013, and other family/life events (OR=2.30, 95% CI: 1.05–5.03, p=0.037. High personal resilience was common within this parent population and was a significant protective factor for high psychological distress (OR=0.14, 95% CI: 0.06–0.34, p<0.001. The findings support the development of targeted interventions to promote parent coping strategies in the context of household financial hardship.

  19. Fiscal Equalization in the System of Financial Support of Ukraine’s Regions: the Current State and Vector of Development

    Directory of Open Access Journals (Sweden)

    Voznyak Halyna V.

    2016-08-01

    Full Text Available The peculiarities in the functioning of the current system of inter-budget relations in Ukraine from the perspective of its impact on the regional development have been disclosed. The instruments of implementing fiscal equalization are analyzed, the functioning structure of inter-budget transfers in Ukraine is presented, its characteristics are given. The study demonstrates that the domestic financial equalization system is unable to perform its functions. The conducted analysis of the dynamics and structure of inter-budget transfers made it possible to identify a number of shortcomings in the sphere of inter-budget relations: the excessive centralization of financial resources of regions and their transfer dependence; the imbalances and low revenue capacity of local budgets; the imperfect mechanisms for calculating transfers and terms of transferring, etc. It is noted that in the process of implementing the budgetary policy of the regions, it is advisable to pay more attention to forms of budget support and methods of budgetary regulation.

  20. Report by the External Auditors on the Accounts of the CERN Pension Fund for the Financial Year 2005 Comments by the Administration of the Fund

    CERN Document Server

    2006-01-01

    The report on the audit of the accounts of the Pension Fund for the 2005 financial year is given in document CERN/FC/5046 CERN/2671. This document contains the comments of the Administration of the Fund.

  1. Report by the external auditors on the accounts of the CERN Pension Fund for the financial year 2003 - Comments by the Administration of the Fund

    CERN Document Server

    2004-01-01

    The report on the audit of the accounts of the Pension Fund for the 2003 financial year is given in document CERN/FC/4813 CERN/2562. This document contains the comments of the Administration of the Fund.

  2. Report by the External Auditors on the Accounts of the CERN Pension Fund for the Financial Year 2004 - Comments by the Administration of the Fund

    CERN Document Server

    2005-01-01

    The report on the audit of the accounts of the Pension Fund for the 2004 financial year is given in document CERN/FC/4926-CERN/2612. This document contains the comments of the Administration of the Fund.

  3. Debt management and financial planning support for primary care students and residents at Boston University School of Medicine.

    Science.gov (United States)

    Terrell, C; Hindle, D

    1999-01-01

    Boston University Medical Center created the Office of Residency Planning and Practice Management as part of The Robert Wood Johnson Foundation's Generalist Physician Initiative. Since 1995, the office has improved the medical center's ability to promote and support the generalist career decisions of its students and residents by removing indebtedness as a disincentive. After a brief review of the relationship between indebtedness and specialty selection, the authors delineate the nature and volume of debt-management assistance provided by the office to students and residents through individual counseling sessions, workshops, and other means between April 1995 and March 1998. A case study shows the progression of these services throughout residency training. The medical center also coordinates its debt-management assistance with counseling from physician-oriented financial planning groups. In conclusion, the authors discuss several characteristics of a successful debt-management program for residents.

  4. On Financial Support System for Compulsory Education in China's Western Minority Areas

    Science.gov (United States)

    Jinyu, Qi

    2008-01-01

    China's Western Development is a policy adopted to boost its less developed Western regions, that is, a systematic project and a longterm and arduous task. The development of compulsory education in China's minority areas is the key to it. This paper attempts to use the beneficial experience of developing compulsory education support system of…

  5. Financial Support and Challenges for Educational Technology Companies: Then, Now, and Looking Ahead

    Science.gov (United States)

    Billings, Karen J.; Blaschke, Charles L.

    2016-01-01

    The authors review past and current funding/support for U.S. K-12 educational technology companies. They review both who provided the funding for product development and the reasons why. They look back to the 1960s and 1970s, when federal government agencies helped produce computer-based materials, then how the schools' access to technology…

  6. A Decision Support Model and Tool to Assist Financial Decision-Making in Universities

    Science.gov (United States)

    Bhayat, Imtiaz; Manuguerra, Maurizio; Baldock, Clive

    2015-01-01

    In this paper, a model and tool is proposed to assist universities and other mission-based organisations to ascertain systematically the optimal portfolio of projects, in any year, meeting the organisations risk tolerances and available funds. The model and tool presented build on previous work on university operations and decision support systems…

  7. 34 CFR 668.47 - Report on athletic program participation rates and financial support data.

    Science.gov (United States)

    2010-07-01

    ... expenses, salaries and benefits, supplies, travel, and any other expenses attributable to intercollegiate...— (A) Lodging, meals, transportation, uniforms, and equipment for coaches, team members, support staff (including, but not limited to team managers and trainers), and others; and (B) Officials. (iii)...

  8. An improved method of support vector machine and its applications to financial time series forecasting

    Institute of Scientific and Technical Information of China (English)

    LIANG Yanchun; SUN Yanfeng

    2003-01-01

    A novel method for kernel function of support vector machine is presented based on the information geometry theory. The kernel function is modified using a conformal mapping to make the kernel data-dependent so as to increase the ability of predicting high noise data of the method. Numerical simulations demonstrate the effectiveness of the method. Simulated results on the prediction of the stock price show that the improved approach possesses better forecasting precision and ability of generalization than the conventional models.

  9. Mixing the grant cocktail: towards an understanding of the outcomes of financial support to small firms

    OpenAIRE

    Seamus McGuinness; Mark Hart

    2004-01-01

    One of the key policy objectives of government at national and regional level, is to overcome the constraints preventing local industry achieving greater competitiveness in the international marketplace. This paper examines the impact of grant assistance to Northern Ireland small firms delivered over the period 1994 - 97 by the former Local Enterprise Development Unit through its Growth Business Support Programme (GBSP). Previous work by the authors showed that there was some tentative eviden...

  10. Financial research support for ecotoxicology and environmental chemistry in Germany. Results of an online survey; Foerdersituation oekotoxikologischer und umweltchemischer Forschung in Deutschland. Ergebnisse einer Online-Befragung

    Energy Technology Data Exchange (ETDEWEB)

    Hollert, Henner; Schiwy, Andreas [RWTH Aachen University, Department of Ecosystem Analysis, Institute for Environmental Research (Biology V), Aachen (Germany); Filser, Juliane [University of Bremen, UFT, Department of General and Theoretical Ecology, Bremen (Germany); Haeussling, Roger [RWTH Aachen University, Sociology of Technology and Organization, Institute of Sociology, Aachen (Germany); Hein, Michaela [Helmholtz Centre for Environmental Research - UFZ, CITE (Chemicals In The Environment), Department Bioanalytical Ecotoxicology, Leipzig (Germany); Matthies, Michael [University of Osnabrueck, Institute for Environmental System Research, Osnabrueck (Germany); Oehlmann, Joerg [Goethe University Frankfurt am Main, Department Aquatic Ecotoxicology, Institute for Ecology, Evolution and Diversity, Frankfurt am Main (Germany); Ratte, Hans-Toni; Ross-Nickoll, Martina; Schaeffer, Andreas [RWTH Aachen University, Chair for Environmental Biology and Chemodynamics, Institute for Environmental Research (Biology V), Aachen (Germany); Scheringer, Martin [ETH Zuerich, HCI G 127, Safety and Environmental Technology Group, Zuerich (Switzerland)

    2011-12-15

    In recent years several initiatives addressed the inadequate financial support of pollutant-related environmental research in the Federal Republic of Germany. For an objective analysis about the research funding in ecotoxicology and environmental chemistry in Germany, an anonymous online survey was prepared. With support of the Society of Environmental Toxicology and Chemistry (SETAC) - German Language Branch and the German Chemical Society (GDCh) - Division of Environmental Chemistry and Ecotoxicology an invitation to participate in the survey was sent to all members of these two major associations for ecotoxicology and environmental chemistry in Germany (D), Switzerland (CH) and Austria (A). Only senior staff from the areas academics, government and industry was invited. The present article introduces the results of the survey. It is segmented in a section on socio-economic characterization of the participants, a section on support of research by the DFG and a section on funding by other funding organizations. A total of 71 male and female scientists in senior positions from various areas participated in the survey. The results revealed that the participants are to be classified as having excellent records. 48.5 % of the respondents had submitted at least one research proposal to the DFG in the past, but one third actually received financial support by the DFG. 64% are not satisfied with the DFG support of pollutantrelated research, only 7 % are satisfied. It turned out that the research proposals are generally very heterogeneous and thus distributed to various units of the DFG with geosciences, water research and chemistry ranking highest, followed by biology and ecology. 91.2 % of the respondents indicated that they have submitted proposals for research funding to other funding institutions (except the DFG), and 83.6 % already have received appropriate external funding. 62.3 % of the scientists believe that overall support for chemicals-related research in

  11. Innovation types at smes and external influencing factors

    Directory of Open Access Journals (Sweden)

    Monika Walicka

    2014-12-01

    Full Text Available Stimulating innovation is one of the pressing policy challenges facing many countries in the world today. The paper analyses the external factors that Polish entrepreneurs find most detrimental to their innovative activity. A sample of 199 small and medium size enterprises (SMEs in Poland were subjected to a survey. The data collected revealed the innovation types of SMEs in Poland and external financial factors influencing innovation the most. The results show external factors such as legal regulations, access to external financing, bureaucracy of institutions, financial government support, the tax system, time necessary to comply with regulations, and crisis and instability are very important for SMEs. According to the results, process and marketing innovations are applied more frequently than product and organisational innovations. Finally, the results indicate that entrepreneurs indicate that lack of government support and weakness of tax incentives is an important barrier to the innovation process.

  12. Dimensional structure of DSM-5 posttraumatic stress symptoms: support for a hybrid Anhedonia and Externalizing Behaviors model.

    Science.gov (United States)

    Armour, Cherie; Tsai, Jack; Durham, Tory A; Charak, Ruby; Biehn, Tracey L; Elhai, Jon D; Pietrzak, Robert H

    2015-02-01

    Several revisions to the symptom clusters of posttraumatic stress disorder (PTSD) have been made in the 5th edition of the Diagnostic and Statistical Manual of Mental Disorders (DSM-5). Central to the focus of this study was the revision of PTSD's tripartite structure in DSM-IV into four symptom clusters in DSM-5. Emerging confirmatory factor analytic (CFA) studies have suggested that DSM-5 PTSD symptoms may be best represented by one of two 6-factor models: (1) an Externalizing Behaviors model characterized by a factor which combines the irritability/anger and self-destructive/reckless behavior items; and (2) an Anhedonia model characterized by items of loss of interest, detachment, and restricted affect. The current study conducted CFAs of DSM-5 PTSD symptoms assessed using the PTSD Checklist for DSM-5 (PCL-5) in two independent and diverse trauma-exposed samples of a nationally representative sample of 1484 U.S. veterans and a sample of 497 Midwestern U.S. university undergraduate students. Relative fits of the DSM-5 model, the DSM-5 Dysphoria model, the DSM-5 Dysphoric Arousal model, the two 6-factor models, and a newly proposed 7-factor Hybrid model, which consolidates the two 6-factor models, were evaluated. Results revealed that, in both samples, both 6-factor models provided significantly better fit than the 4-factor DSM-5 model, the DSM-5 Dysphoria model and the DSM-5 Dysphoric Arousal model. Further, the 7-factor Hybrid model, which incorporates key features of both 6-factor models and is comprised of re-experiencing, avoidance, negative affect, anhedonia, externalizing behaviors, and anxious and dysphoric arousal symptom clusters, provided superior fit to the data in both samples. Results are discussed in light of theoretical and empirical support for the latent structure of DSM-5 PTSD symptoms.

  13. Basic Financial Accounting

    DEFF Research Database (Denmark)

    Wiborg, Karsten

    This textbook on Basic Financial Accounting is targeted students in the economics studies at universities and business colleges having an introductory subject in the external dimension of the company's economic reporting, including bookkeeping, etc. The book includes the following subjects...

  14. Basic Financial Accounting

    DEFF Research Database (Denmark)

    Wiborg, Karsten

    This textbook on Basic Financial Accounting is targeted students in the economics studies at universities and business colleges having an introductory subject in the external dimension of the company's economic reporting, including bookkeeping, etc. The book includes the following subjects...

  15. POSSIBILITIES OF FINANCIAL SUPPORT TO SMALL AND MEDIUM HOTEL COMPANIES IN SERBIA

    Directory of Open Access Journals (Sweden)

    Dragoljub Barjaktarovic

    2010-06-01

    Full Text Available Abstract:Small and medium hotel companies in the majority of developed tourist countries have dominant role in hotel industry. The same situation is with Serbia. An important precondition for successful business of a hotel is accepting and applying basic pillars of marketing concept i.e. satisfying needs and expectations of guests inorder to achieve profit. Small hotel companies have specific problems in their daily business. Top priority in management and surviving of hotels is cash, because fixed costs are very dominant so hotels earmark more resources for them than for marketing. This means higher engagement and involvement of the state in furtherdevelopment of small and medium hotel companies in Serbia. The state should provide favourable subsidized credit lines for small and medium hotel companies in Serbia, through appropriate support programmes.

  16. Financialization and financial profit

    Directory of Open Access Journals (Sweden)

    Arturo Guillén

    2014-09-01

    Full Text Available This article starts from the critical review of the concept of financial capital. I consider it is necessary not to confuse this category with of financialization, which has acquired a certificate of naturalization from the rise of neoliberalism. Although financial monopoly-financial capital is the hegemonic segment of the bourgeoisie in the major capitalist countries, their dominance does not imply, a fortiori, financialization of economic activity, since it depends of the conditions of the process reproduction of capital. The emergence of joint stock companies modified the formation of the average rate of profit. The "promoter profit" becomes one of the main forms of income of monopoly-financial capital. It is postulated that financial profit is a kind of "extraordinary surplus-value" which is appropriated by monopoly-financial capital by means of the monopolistic control it exerts on the issue and circulation of fictitious capital.

  17. Financial development and investment market integration: An approach of underlying financial variables & indicators for corporate governance growth empirical approach

    Directory of Open Access Journals (Sweden)

    Vojinovič Borut

    2005-01-01

    Full Text Available Financial development is correlated with several underlying regulatory variables (such as indicators of investor protection, market transparency variables for corporate governance growth and rules for capital market development, which are under the control of national legislators and EU directives. This paper provides estimates of the relationship between financial market development and corporate growth and assesses the impact of financial market integration on this relationship with reference to European Union (EU countries. The regression results obtained using this panel support the hypothesis that financial development promotes growth particularly in industries that are more financially dependent on external finance. For policy purposes, analyzing changes in these regulatory variables may be a more interesting exercise than analyzing integration of the financial systems themselves. Since assuming that EU countries will raise its regulatory and legal standards to the U.S. standards appears unrealistic, in this case we examine a scenario where EU countries raise their standards to the highest current EU standard.

  18. The Effect of the Duration of Basic Life Support Training on the Learners’ Cardiopulmonary and Automated External Defibrillator Skills

    Directory of Open Access Journals (Sweden)

    Jin Hyuck Lee

    2016-01-01

    Full Text Available Background. Basic life support (BLS training with hands-on practice can improve performance during simulated cardiac arrest, although the optimal duration for BLS training is unknown. This study aimed to assess the effectiveness of various BLS training durations for acquiring cardiopulmonary resuscitation (CPR and automated external defibrillator (AED skills. Methods. We randomised 485 South Korean nonmedical college students into four levels of BLS training: level 1 (40 min, level 2 (80 min, level 3 (120 min, and level 4 (180 min. Before and after each level, the participants completed questionnaires regarding their willingness to perform CPR and use AEDs, and their psychomotor skills for CPR and AED use were assessed using a manikin with Skill-Reporter™ software. Results. There were no significant differences between levels 1 and 2, although levels 3 and 4 exhibited significant differences in the proportion of overall adequate chest compressions (p<0.001 and average chest compression depth (p=0.003. All levels exhibited a greater posttest willingness to perform CPR and use AEDs (all, p<0.001. Conclusions. Brief BLS training provided a moderate level of skill for performing CPR and using AEDs. However, high-quality skills for CPR required longer and hands-on training, particularly hands-on training with AEDs.

  19. CRASH - Community Road Accident System Homepage : feasibility study on a European Road Safety Information System, financially supported by the European Commission.

    NARCIS (Netherlands)

    Brouwer, M. Poppe, F. Blokpoel, A. & Kars, V.

    2000-01-01

    This report is the result of a feasibility study, financially supported by the European Commission. The study investigated the possibilities for the development and maintenance of a European Road Safety Information System with relevant and internationally comparable information. Recommendations on h

  20. Financial viability study using a heat pump as an alternative to support solar collector for water heating in Southeastern Brazil

    Energy Technology Data Exchange (ETDEWEB)

    Reis, Roberts Vinicius de Melo; Oliveira, Raphael Nunes; Machado, Luiz; Koury, Ricardo Nassau N. [Universidade Federal de Minas Gerais (UFMG), Belo Horizonte, MG (Brazil). Dept. of Mechanical Engineering], E-mails: robertsreis@ufmg.br, luizm@demec.ufmg.br, koury@ufmg.br

    2010-07-01

    Along with related greenhouse effect environmental issues, constant problems changes in oil prices,make the use of solar energy an important renewable energy source. Brazil is a country which is privilege, considering the high rates of solar irradiation present throughout most of the entire national territory. Nevertheless, during certain times of the year, a solar energy deficit, leads solar systems to require electrical resistance support. The use of electrical resistance represents 23.5% of electric energy consumption and it presents a low residential energy efficiency. The purpose of this work is conducting a study of Brazilian States in the Southeastern region regarding the financial viability of replacing a resistive system combined with the use of solar collector and a heat pump. One such heat pump has been designed, constructed and tested experimentally. The average performance coefficient is equal to 2.10, a low value due to the use of a hermetic reciprocating compressor. Despite this low-moderate price coefficient of acquisition and installation of a heat pump, a return on investment in from 2.1 to 2.7 years can be expected. Whereas the equipment has a useful life of about 20 years, this period of return on investment is interesting. (author)

  1. Effects of augmented trunk stabilization with external compression support on shoulder and scapular muscle activity and maximum strength during isometric shoulder abduction.

    Science.gov (United States)

    Jang, Hyun-jeong; Kim, Suhn-yeop; Oh, Duck-won

    2015-04-01

    The aim of the present study was to investigate the effects of augmented trunk stabilization with external compression support (ECS) on the electromyography (EMG) activity of shoulder and scapular muscles and shoulder abductor strength during isometric shoulder abduction. Twenty-six women volunteered for the study. Surface EMG was used to monitor the activity of the upper trapezius (UT), lower trapezius (LT), serratus anterior (SA), and middle deltoid (MD), and shoulder abductor strength was measured using a dynamometer during three experimental conditions: (1) no external support (condition-1), (2) pelvic support (condition-2), and (3) pelvic and thoracic supports (condition-3) in an active therapeutic movement device. EMG activities were significantly lower for UT and higher for MD during condition 3 than during condition 1 (p Shoulder abductor strength was significantly higher during condition 3 than during condition 1 (p muscle effort of the UT during isometric shoulder abduction and increasing shoulder abductor strength. Copyright © 2014 Elsevier Ltd. All rights reserved.

  2. Efficacy and retention of Basic Life Support education including Automated External Defibrillator usage during a physical education period

    Directory of Open Access Journals (Sweden)

    Kae Watanabe

    2017-03-01

    Full Text Available The American Heart Association (AHA advocates for CPR education as a requirement of secondary school curriculum. Unfortunately, many states have not adopted CPR education. Our aim was to investigate a low-cost, time effective method to educate students on Basic Life Support (BLS, including reeducation. This is a prospective, randomized study. Retention was assessed at 4 months post-initial education. Education was performed by AHA-certified providers during a 45-minute physical education class in a middle school in Florida. This age provides opportunities for reinforcement through high school, with ability for efficient learning. The study included 41 Eighth grade students. Students were randomized into two groups; one group received repeat education 2 months after the first education, the second group did not. All students received BLS education limited to chest compressions and usage of an Automated External Defibrillator. Students had skills and knowledge tests administered pre- and post-education after initial education, and repeated 2 and 4 months later to assess retention. There was a significant increase in CPR skills and knowledge when comparing pre- and post-education results for all time-points (p < 0.001. When assessing reeducation, a significant improvement was noted in total knowledge scores but not during the actual steps of CPR. Our study indicates significant increase in CPR knowledge and skills following a one-time 45-minute session. Reeducation may be useful, but the interval needs further investigation. If schools across the United States invested one 45–60-minute period every school year, this would ensure widespread CPR knowledge with minimal cost and loss of school time.

  3. Issues of Financial Assurance of Economy Greening in the Regions

    Science.gov (United States)

    Shekhova, Natalia V.; Kireeva, Ekaterina E.; Nazarov, Michael A.; Peskova, Dinara R.; Gusakova, Elena P.; Dorozhkin, Vladimir E.

    2016-01-01

    The relevance of the analyzed issue is caused by the need to internalize environmental externalities in the modern world. The purpose of the article is to examine the issue of financial support of the green economy using the example of the regions included in the Volga Federal District (VFD). The leading methods to the study of this issue is a…

  4. Financial Aspects of Food Safety in Ukraine

    OpenAIRE

    Kateryna Bagatska; Yana Rozina

    2015-01-01

    The aim of the article is to assess the status, opportunities and prospects for external and internal financing of manufacturers of food products in the context of economic realities. The dynamics, the state and the level of human consumption of food in recent years are described. It emphases negative trend in household spending on food, that becomes a challenge to food security. The article reveals the main problems of financial support of food producers in crisis, and given the options to o...

  5. 研发投资融资约束及其外部融资依赖性--基于上市公司的实证研究%Research on Financial Constraints and External Financing Dependence of R & D Investment

    Institute of Scientific and Technical Information of China (English)

    刘春玉

    2014-01-01

    由于信息不对称和低抵押品价值,研发投资面临严重的融资约束,并且在外部融资时具有不同资金依赖性。以2007-2011年沪深上市公司为样本,研究不同产业类型和所有制形式企业研发投资的融资约束情况,以及研发投资的外部融资依赖性。研究发现:上市公司研发投资的确存在着融资约束,其中,高新技术企业研发投资融资约束更为严重;国有企业比非国有企业研发投资融资约束低;与实物投资偏重债权性融资相比,研发投资更加依赖股权性融资,而且高新技术企业研发投资的股权性依赖更强。%High level information asymmetry and lack of collateral should make R&D susceptible to financial constraints and having different preference for external financing .Basing on the Chinese public listed company data of 2007-2011 ,the paper theoretically and empirically studies the financial constraints encountered by R&D of different industrial and differ-ent ownership company ,and its external financing dependence .The empirical results reveal :R&D of public-listed compa-ny indeed exists financial constraints ,especially for the high-technology companies ,state-ow ned companies indeed enjoy better financing environment than non-stated-ow ned companies .Comparing physical investment ,R&D is more susceptible to rely on the equity financing than debt financing ,especially for the high- technology companies .The research confirms the effect of the market failure on R&D ,and provides the support for the governmental intervening ,in addition ,the paper also confirms the development of financial market for the improvement of R&D .

  6. Global Financial Governance: a Perspective from the International Monetary Fund

    Directory of Open Access Journals (Sweden)

    Ryszard Wilczyński

    2011-03-01

    Full Text Available An environment for the activities of the International Monetary Fund (the IMF has fundamentally changed over the two recent decades. The strong development of financial innovations as well as of financial globalisation was among major forces driving the change and shaping the economic growth worldwide. As some economies were able - with the support from financial markets – to accelerate their growth, other countries suffered from turbulences, which were reinforced and transferred internationally through the volatile financial markets. The process of international financial contagion makes the case for global financial governance, which so far has been left behind the development of markets. The IMF is mandated to play a central role in the global governance designed to ensure financial stability. The article reconsiders the Fund’s role and includes an overview and assessment of its activities, particularly in the context of the global financial crisis in 2007-2010. In the aftermath of this crisis, the international financial stability may, however, again be at risk as several external imbalances in the global economy may be hardly sustainable. It is argued in the paper that, in addition to a gradually improving surveillance and lending as well as to adjusting resources by the Fund, an enhanced credibility of the institution is needed so that its role in the process of the stabilising global financial system is strong and effective.

  7. The Audit Opinion of the DISA FY 2011 Working Capital Fund Financial Statements Was Not Adequately Supported

    Science.gov (United States)

    2013-04-26

    President’s Council on Integrity and Efficiency MD&A Management Discussion and Analysis MFR Memorandum for Record NoF Notification of...memorandums for record ( MFRs ) would have a material impact on the financial statements and ultimately Acuity’s opinion, • perform adequate completeness...the deficiencies identified by DISA in its FBWT MFRs would impact the reliability of the financial statements and ultimately Acuity’s opinion

  8. Theoretical aspects of enterprise financial stability management

    OpenAIRE

    Kovalova Tatiana Volodymyrivna

    2015-01-01

    In the article questions related to the aspects of financial stability management, in particular were analyzed, opinions of scientists in relation to a concept «financial stability management» were analyzed; external and internal pre-conditions of loss of financial stability are considered; the offered measures are in relation to stabilizing of financial stability of enterprises in the conditions of financial instability; determination of concept «financial stability management» was improved....

  9. INFORMATION SYSTEM OF THE FINANCIAL ANALYSIS

    OpenAIRE

    MIRELA MONEA

    2013-01-01

    Financial analysis provides the information necessary for decision making, and also helps both the external and internal users of these. The results of the financial analysis work are dependent on the quality, accuracy, relevance and effectiveness of the information collected, and processed. Essential sources of information for financial analysis are financial statements, which are considered the raw material of financial analysis. One of the financial statements -the balance sheet - provi...

  10. Theoretical aspects of enterprise financial stability management

    Directory of Open Access Journals (Sweden)

    Kovalova Tatiana Volodymyrivna

    2015-10-01

    Full Text Available In the article questions related to the aspects of financial stability management, in particular were analyzed, opinions of scientists in relation to a concept «financial stability management» were analyzed; external and internal pre-conditions of loss of financial stability are considered; the offered measures are in relation to stabilizing of financial stability of enterprises in the conditions of financial instability; determination of concept «financial stability management» was improved.

  11. Late Financial Distress Process Stages and Financial Ratios

    DEFF Research Database (Denmark)

    Sormunen, Nina; Laitinen, Teija

    2012-01-01

    and usefulness of single financial ratios in short-term financial distress prediction when the effect of each different financial distress process stage is considered; (2) the effects of recognition of the financial distress process stage on the financial distress prediction model. The time horizon...... stage affects the classification ability of single financial ratios and financial distress prediction models in short-term financial distress prediction. The study shows that the auditor's GC task could be supported by paying attention to the financial distress process stage. The implications......The present study adds to our understanding and knowledge of financial distress predictions regarding the usefulness of financial ratios in the late stages of the financial distress process. The study contributes to previous research by generating information concerning: (1) the behavior...

  12. 我国现行学前教育财政支持现状及趋向%China's financial support current situation and trend of preschool education

    Institute of Scientific and Technical Information of China (English)

    王阳

    2012-01-01

      Along with the deepening of educational reform, preschool education to get attention, financial support is directly related to the development of preschool education, this paper after reviewing the relative literature data base, active to our country preschool education financial support for research, and on the development of pre-school education puts forward rationalization proposals.%  随着教育改革的深入,学前教育得到重视,财政支持直接关系到学前教育的发展,本文在梳理相关文献资料基础上,对我国现行学前教育财政支持情况进行研究,并对学前教育发展提出合理化建议。

  13. Norms, legitimacy, and global financial governance

    OpenAIRE

    Underhill, G.R.D.; Zhang, X.

    2006-01-01

    Despite regular and serious systemic volatility, reform of international financial architecture remains limited, retaining market-oriented characteristics and adjustment mechanisms. A failure of the architecture to focus on the political underpinnings of global financial and monetary governance yields crucial deficiencies. The article defends three propositions implying a serious challenge to political legitimacy in contemporary financial governance: i) external financial constraints conflict...

  14. Financial history and financial economics

    OpenAIRE

    Turner, John D.

    2014-01-01

    This essay looks at the bidirectional relationship between financial history and financial economics. It begins by giving a brief history of financial economics by outlining the main topics of interest to financial economists. It then documents and explains the increasing influence of financial economics upon financial history, and warns of the dangers of applying financial economics unthinkingly to the study of financial history. The essay proceeds to highlight the many insights that financi...

  15. Financial history and financial economics

    OpenAIRE

    Turner, John D.

    2014-01-01

    This essay looks at the bidirectional relationship between financial history and financial economics. It begins by giving a brief history of financial economics by outlining the main topics of interest to financial economists. It then documents and explains the increasing influence of financial economics upon financial history, and warns of the dangers of applying financial economics unthinkingly to the study of financial history. The essay proceeds to highlight the many insights that financi...

  16. 有效教师培训外部支持系统的建立%Establishment of the Effective External Supporting System for Teacher's Training

    Institute of Scientific and Technical Information of China (English)

    庄玉昆

    2012-01-01

    有效教师培训外部支持系统是教师培训中支持、促进教师有效参与培训的外部保障机制,也是促进教师实现终身教育的重要因素。它包括教师培训机构、教师培训者队伍、培训评估机制和培训制度等方面内容。%The effective external supporting system for teacherls training is an external security mechanism to support and promote teacher's effective training and also an important factor to motivate teacher's life-long education. The system includes teacher's training organizations, trainers, evaluation mechanism and training system.

  17. 服装创意产业演进的金融支持体系及政策研究--基于市场性金融的支持视角%Study on Financial Supporting System and Related Policies to the Evolution of Apparel Creative Industry-From the Perspective of Financial Support from Market

    Institute of Scientific and Technical Information of China (English)

    曲洪建; 叶航; 郭晓宜

    2014-01-01

    市场经济体制下,服装创意产业的培育、发展及成熟都离不开金融手段的支持运作。本文基于生命周期理论,讨论了服装创意产业的培育过程、发展过程和成熟过程,并以此为切入点,在服装创意产业演进的市场性金融支持框架下,结合英美日等国在创意产业发展中的经验,构建了“两体一制”模型,即资本市场主导的直接金融体系、银行信贷主导的间接金融体系和市场性金融支持机制,构建了创意产业演进的金融支持体系。%Under the market economy system, the cultivation, development and maturation of apparel creative industry cannot go without the support and operation of financial means. This article, based on the life cycle theory, discusses the cultivation process, the development and maturation process of apparel creative industry, and with this as a starting point, under the financial supporting framework for the evolution of the creative industry and based on the experiences of UK, the United States and Japan in developing apparel creative industry, it builds up a “two-body one system” model, i.e. the capital market-led direct financial system, the bank credit-led indirect financial system and market-based financial supporting system, which construct the financial supporting system to the evolution of apparel creative industry.

  18. 外部融资依赖、金融发展与出口贸易增长%External Financing Dependence, Financial Development and Export Trade Growth

    Institute of Scientific and Technical Information of China (English)

    曾璐璐

    2015-01-01

    基于2001—2012年中国29个省区的面板数据,分析在不同的外部融资依赖度条件下两种主要的外源性资金(银行信贷和外商直接投资)对地区出口贸易产生的影响,研究结果显示:银行信贷和外商直接投资是影响地区出口贸易的显著因素,且外商直接投资对出口贸易的作用效果更强;外部融资依赖特征不同的地区,不同融资渠道对出口贸易产生的影响也不一样;在外资依赖度较高(大于0.07%)的地区较高的信贷密度(大于0.35%)更有利于出口增长,而在外资依赖度较低的地区需要寻找适宜的信贷密度与之相匹配;在外资密度较高(大于1.64%)的地区信贷依赖有利于出口增长,而在外资密度较低的地区信贷依赖会给出口带来不利影响。%Based on the panel data of 29 Chinese provinces and municipalities during 2001⁃2012, this paper analyzes the influence of two main external capitals (“bank credit” and “Foreign Direct Investment”) on regional export trade under the different external financing dependence conditions, and the research results show that the significant factor affecting regional export trade is bank credit and FDI, furthermore, the effect of FDI on export trade is stronger, that the impact of the different regions and the different channels with the different features of external financing dependence on export trade is different, that the high credit density ( more than 0.35%) in the regions with high foreign capital dependence ( more than 0.07%) is more helpful for the export growth, however, the suitable credit density should be sought to match the regions with low foreign capital dependence, that the credit dependence of the regions with high foreign capital density (1.64%) is conducive to the export growth, however, the credit dependence in the regions with low foreign capital density can bring the adverse impact on the export.

  19. Methods of Financial Risk Management

    Directory of Open Access Journals (Sweden)

    Korzh Natalia

    2016-10-01

    Full Text Available The essence and nature of financial risks are investigated. Their classification is conducted. The features of financial risk management and the main methods of management are considered. The ways of risk compensation are identified. It is proved that the objective external risk basis is such market imperfections as externalities of enterprises and incomplete information about the operation of the business environment and internal objective basis risk – the objective function to maximise profits in a competitive environment. It is revealed that to compensate market imperfections business entities should develop a strategy that combines fill in missing information and neutralise or minimise externalities that tactically implemented in financial risk management programs.

  20. Predicting Bank Financial Failures Using Discriminant Analysis And Support Vector Machines Methods A Comparative Analysis In Commercial Banks In Sudan 2006-2014

    Directory of Open Access Journals (Sweden)

    Mohammed A. SirElkhatim

    2015-08-01

    Full Text Available Bank failures threaten the economic system as a whole. Therefore predicting bank financial failures is crucial to prevent andor lessen its negative effects on the economic system. Financial crises affecting both emerging markets and advanced countries over the centuries have severe economic consequences but they can be hard to prevent and predict identifying financial crises causes remains both science and art said Stijn Claessens assistant director of the International Monetary Fund. While it would be better to mitigate risks financial crises will recur often in waves and better crisis management is therefore important. Analyses of recurrent causes suggest that to prevent crises governments should consider reforms in many underlying areas. That includes developing prudent fiscal and monetary policies better regulating the financial sector including reducing the problem of too-big-to-fail banks and developing effective macro-prudential policies. Despite new regulations and better supervision crises are likely to recur in part because they can reflect deeper problems related to income inequality the political economy and common human behavior. As such improvements in crisis management are also needed. This is originally a classification problem to categorize banks as healthy or non-healthy ones. This study aims to apply Discriminant analysis and Support Vector Machines methods to the bank failure prediction problem in a Sudanese case and to present a comprehensive computational comparison of the classification performances of the techniques tested. Eleven financial and non-financial ratios with six feature groups including capital adequacy asset quality Earning and liquidity CAMELS are selected as predictor variables in the study. Credit risk also been evaluated using logistic analysis to study the effect of Islamic finance modes sectors and payment types used by Sudanese banks with regard to their possibilities of failure. Experimental results

  1. Basic Financial Accounting

    DEFF Research Database (Denmark)

    Wiborg, Karsten

    This textbook on Basic Financial Accounting is targeted students in the economics studies at universities and business colleges having an introductory subject in the external dimension of the company's economic reporting, including bookkeeping, etc. The book includes the following subjects: busin......: business entities, the transformation process, types of businesses, stakeholders, legislation, the annual report, the VAT system, double-entry bookkeeping, inventories, and year-end cast flow analysis.......This textbook on Basic Financial Accounting is targeted students in the economics studies at universities and business colleges having an introductory subject in the external dimension of the company's economic reporting, including bookkeeping, etc. The book includes the following subjects...

  2. Financial Stability and Financial Inclusion

    OpenAIRE

    Morgan, Peter J; Pontines, Victor

    2014-01-01

    Developing economies are seeking to promote financial inclusion, i.e., greater access to financial services for low-income households and firms, as part of their overall strategies for economic and financial development. This raises the question of whether financial stability and financial inclusion are, broadly speaking, substitutes or complements. In other words, does the move toward greater financial inclusion tend to increase or decrease financial stability? A number of studies have sugge...

  3. Financial assistance to states and tribes to support emergency preparedness and response and the safe transportation of hazardous shipments: 1996 Update

    Energy Technology Data Exchange (ETDEWEB)

    Bradbury, J.A.; Leyson, J.; Lester, M.K.

    1996-07-01

    This report revises and updates the 1995 report Financial Assistance to States and Tribes to Support Emergency Preparedness and Response and the Safe Transportation of Hazardous Shipments, PNL-10260 (UC-620). The presentation of data and some of the data reported have been changed; these data supersede those presented in the earlier publication. All data have been updated to fiscal year 1995, with the exception of FEMA data that are updated to fiscal year 1994 only. The report identifies and summarizes existing sources of financial assistance to States and Tribes in preparing and responding to transportation emergencies and ensuring the safe transportation of hazardous shipments through their jurisdictions. It is intended for use as an information resource for the U.S. Department of Energy`s Office of Environmental Management (EM), Office of Transportation, Emergency Management, and Analytical Services (EM-76).

  4. Labour's Record on Financial Regulation

    OpenAIRE

    Daripa, Arup; Kapur, Sandeep; Wright, Stephen

    2013-01-01

    In 1997 the new Labour government launched major initiatives in the area of financial regulation, setting up the Financial Services Authority as a comprehensive regulatory body, supported by the legislative framework of the Financial Services and Markets Act 2000. We evaluate the Labour government’s record on financial regulation in terms of its achievements and failures, especially in dealing with the global financial crisis that started in 2007. While we identify some clear flaws in regulat...

  5. 我国非正规金融规制外在效应的实证研究%An Empirical Research on External Effects of China's Informal Financial Regulation

    Institute of Scientific and Technical Information of China (English)

    车丽华; 陈晓红

    2012-01-01

    围绕非正规金融规制的外在效应开展实证研究,从非正规金融的直接效应和规制介入对于非正规金融的间接效应两个层面出发进行分析,为我国非正规金融规制体系的构建提供实证支持。研究表明,资金提供者对资金需求主体融资具有直接的正面作用;资金需求主体可以通过非正规金融直接进行融资;其次规制介入对于非正规金融的间接效应,政府规制对于资金提供者向资金需求主体融资的转化具有显著的促进作用,并得出相关政策建议。%Informal finance in the world is very common.In view of preventing financial risks and stabilizing the financial order of consideration,it is very important and urgent to study the informal financial regulatory issues in the context of reality.This paper empirically studies the direct effect of informal finance and the indirect effects of regulation intervention on informal finance so as to provide empirical support for Chinese regulation system of informal finance.Studies have shown that:(1) the main funders have a direct positive effect on the financing of the main bodies of financial demand,who can directly raise funds through informal finance;(2) regulation intervention has indirect effects on informal financing,and government regulation plays a significant role in promoting the conversion of funders to the main bodies of financial demand who raise funds.Finally relevant policy recommendations are made.

  6. DOD Financial Management: Improved Documentation Needed to Support the Air Force’s Military Payroll and Meet Audit Readiness Goals

    Science.gov (United States)

    2015-12-01

    reasonably assure basic accountability, maintain funds control, and prepare auditable financial statements.6 You asked us to assess the Air Force’s...accounting principles.14 DOD requires the services to follow the FIAR Guidance methodology in asserting audit readiness. The guidance requires... assure that payees are actual servicemembers and that the characteristics that drive their pay, such as years of service and rank, match what is

  7. Subjects of Financial Planning at an Enterprise

    OpenAIRE

    Оверчук, Алла Василівна

    2016-01-01

    Subjects of financial planning have been considered, users of financial planned information have been determined as well as the analysis of information support of financial planning at an enterprise has been carried out.

  8. Students win national financial planning contest

    OpenAIRE

    Sutphin, Michael D.

    2007-01-01

    Three Virginia Tech students studying financial planning have won the 2007 Ameriprise Financial Planning Invitational, bringing home $10,000 in scholarship money to support the financial planning program in the College of Agriculture and Life Sciences.

  9. 基于金融支持的农村物流发展方向选择研究%Study on Developmental Direction of Rural Logistics with Financial Support

    Institute of Scientific and Technical Information of China (English)

    武霞

    2013-01-01

    In this paper, on the basis of an investigation into the causes for the lack of financial support for the rural logistics industry, we analyzed the diverting and absorbing of the rural capitals by the rural branches of major commercial banks, rural financial organizations, anrl postal savings system, as well as the internal connecting mechanism between the development of the rural logistics industry and the financial support, and then focused on the selection of the direction of financial support in the development of the industry. At the end, we argued that to ensure such financial support, we should start from the establishment of operational mode of rural logistics finance, financial services and products, financial institution, financial organizational architecture, prevention of financial service risks as well as protection of the financial eco—environment.%在对农村物流缺乏金融支持的原因进行探究的基础上,从各大商业银行网点布局、农村金融组织自身以及邮政储蓄系统对农村资金的转移和分流作用进行了分析,接着论述了农村物流发展与金融支持的内在联系机制,重点研究了农村物流发展中金融支持的方向选择,提出应该主要从农村物流金融运作模式、金融服务产品、金融制度、金融组织架构、金融服务风险防范以及金融生态环境保护等领域和环节来进行实施和部署.

  10. Enviromental Logistics Financial Support Problems in Jilin Province%吉林省低碳物流金融支持问题探析

    Institute of Scientific and Technical Information of China (English)

    常颖

    2013-01-01

      Starting with the problem of enviromental logistics industry and carbon financial support in our province, the paper attempts to search for the correspondency of the enviromental logistics and enviromental finance, in order to provide certain reference for enviromental logistics industry development in our province.%  本文从我省低碳物流产业碳金融支持的问题入手,试图寻找低碳物流和低碳金融的契合点,为我省低碳物流业发展提供一定的参考。

  11. External support to local institutions: providing political leverage to weaker groups, or sustaining traditional relations of power?

    DEFF Research Database (Denmark)

    Nygaard, Ivan

    2008-01-01

    leverage for weaker groups, while others may sustain existing or traditional relations of power. The aim of this study of three cases of donor-supported institutions in Burkina Faso is to understand why close relatives of traditional chiefs invest in gaining control over a municipality, while showing only...... economic resources. The study thus enhances our understanding of mechanisms for access to local donor-supported institutions. Il existe tout un pan de la littérature qui montre que les institutions appuyées par les bailleurs de fonds en Afrique Subsaharienne (ASS) sont accaparées par les élites locales...

  12. How should financial support for research be distributed to universities? The Research Assessment Exercise (RAE) in England and Wales.

    Science.gov (United States)

    Goldberg, David; Mann, Anthony

    2006-01-01

    In the United Kingdom, the "Research Assessment Exercise" is used by central government as a way of distributing infra-structure funds to University departments to support research. Departments with the highest ratings get extra support, while departments with low ratings may have their existing support withdrawn. The paper describes an exercise aimed at improving the rating obtained by one such department.

  13. Does external funding help adaptation? Evidence from community-based water management in the Colombian Andes.

    Science.gov (United States)

    Murtinho, Felipe; Eakin, Hallie; López-Carr, David; Hayes, Tanya M

    2013-11-01

    Despite debate regarding whether, and in what form, communities need external support for adaptation to environmental change, few studies have examined how external funding impacts adaptation decisions in rural resource-dependent communities. In this article, we use quantitative and qualitative methods to assess how different funding sources influence the initiative to adapt to water scarcity in the Colombian Andes. We compare efforts to adapt to water scarcity in 111 rural Andean communities with varied dependence on external funding for water management activities. Findings suggest that despite efforts to use their own internal resources, communities often need external support to finance adaptation strategies. However, not all external financial support positively impacts a community's abilities to adapt. Results show the importance of community-driven requests for external support. In cases where external support was unsolicited, the results show a decline, or "crowding-out," in community efforts to adapt. In contrast, in cases where communities initiated the request for external support to fund their own projects, findings show that external intervention is more likely to enhance or "crowds-in" community-driven adaptation.

  14. Financial Benchmarking

    OpenAIRE

    2012-01-01

    This bachelor's thesis is focused on financial benchmarking of TULIPA PRAHA s.r.o. The aim of this work is to evaluate financial situation of the company, identify its strengths and weaknesses and to find out how efficient is the performance of this company in comparison with top companies within the same field by using INFA benchmarking diagnostic system of financial indicators. The theoretical part includes the characteristic of financial analysis, which financial benchmarking is based on a...

  15. Project financial evaluation

    Energy Technology Data Exchange (ETDEWEB)

    None, None

    2009-01-18

    The project financial section of the Renewable Energy Technology Characterizations describes structures and models to support the technical and economic status of emerging renewable energy options for electricity supply.

  16. Characterization of Space Shuttle External Tank Thermal Protection System (TPS) Materials in Support of the Columbia Accident Investigation

    Science.gov (United States)

    Wingard, Charles D.

    2004-01-01

    NASA suffered the loss of the seven-member crew of the Space Shuttle Columbia on February 1, 2003 when the vehicle broke apart upon re-entry to the Earth's atmosphere. The final report of the Columbia Accident Investigation Board (CAIB) determined that the accident was caused by a launch ascent incident-a suitcase-sized chunk of insulating foam on the Shuttle's External Tank (ET) broke off, and moving at almost 500 mph, struck an area of the leading edge of the Shuttle s left wing. As a result, one or more of the protective Reinforced Carbon-Carbon (RCC) panels on the wing leading edge were damaged. Upon re-entry, superheated air approaching 3,000 F breached the wing damage and caused the vehicle breakup and loss of crew. The large chunk of insulating foam that broke off during the Columbia launch was determined to come from the so-called bipod ramp area where the Shuttle s orbiter (containing crew) is attached to the ET. Underneath the foam in the bipod ramp area is a layer of TPS that is a cork-filled silicone rubber composite. In March 2003, the NASA Marshall Space Flight Center (MSFC) in Huntsville, Alabama received cured samples of the foam and composite for testing from the Michoud Assembly Facility (MAF) in New Orleans, Louisiana. The MAF is where the Shuttle's ET is manufactured. The foam and composite TPS materials for the ET have been well characterized for mechanical property data at the super-cold temperatures of the liquid oxygen and hydrogen fuels used in the ET. However, modulus data on these materials is not as well characterized. The TA Instruments 2980 Dynamic Mechanical Analyzer (DMA) was used to determine the modulus of the two TPS materials over a range of -145 to 95 C in the dual cantilever bending mode. Multi-strain, fixed frequency DMA tests were followed by multi-frequency, fixed strain tests to determine the approximate bounds of linear viscoelastic behavior for the two materials. Additional information is included in the original extended

  17. FINANCIAL STABILITY AS A FACTOR ECONOMIC SECURITY

    Directory of Open Access Journals (Sweden)

    A. V. Endovitskaya

    2015-01-01

    Full Text Available Summary. The article examines the linkages between financial stability and the level of its economic security. Considered the content of financial stability, represented by its own definition, we studied the basic conditions to achieve it. The logic diagram showing the location of financial stability and financial security to ensure the economic security of the business entity. A system of internal and external factors affecting the financial stability and endanger financial stability and financial security company. It has been established that it is the internal factors such as the availability of financial resources and financial position, capital structure, the company's ability to generate profits determine the level of economic security and its ability to withstand the negative impact of external and internal threats. The necessity of improving the financial sustainability in order to improve the economic security of the enterprise. On the basis of the research proposed matrix of risks affecting the financial stability and economic security, which allows to determine the probability of their occurrence and impact. It presents the economic, social, human, financial, organizational, economic, innovative and productive tools to increase the stability and financial security of an economic entity. List considered standard measures will make a plan of action to minimize the adverse impacts and enhance financial stability and security. Therefore, a prerequisite for the economic security of the enterprise is the attainment of financial stability.

  18. Financial assistance to States and tribes to support emergency preparedness and response and the safe transportation of hazardous shipments

    Energy Technology Data Exchange (ETDEWEB)

    Bradbury, J.A.; Jones, M.L.

    1995-01-01

    This report identifies and summarizes existing sources of financial assistance to States and Indian tribes in preparing and responding to transportation emergencies and ensuring the safe transportation of hazardous shipments through their jurisdictions. The report has been prepared as an information resource for the US Department of Energy`s Office of Environmental Restoration and Waste Management, Office of Transportation, Emergency Management and Analytical Services. The report discusses funding programs administered by the following Federal agencies: Federal Emergency Management Agency; Department of Transportation; the Environmental Protection Agency; and the Department of Energy. Also included is a summary of fees assessed by some States on carriers of hazardous materials and hazardous waste. The discussion of programs is supplemented by an Appendix that provides a series of tables summarizing funding sources and amounts. The report includes several conclusions concerning the level of funding provided to Indian tribes, the relative ranking of funding sources and the variation among States in overall revenues for emergency response and safe transportation.

  19. Financial Market: Sector Strategy (2000)

    OpenAIRE

    2000-01-01

    This Financial Market Development Strategy (GN-1948-3) has been prepared to assist IDB staff in the process of supporting financial market development, as financial markets provide the appropriate environment for capital mobilization to profitable investment opportunities. The IDB must strive for balance with a continued concentration on the establishment of efficient and effective, safe and sound banking systems, while pursuing opportunities to motivate nonbank financial markets, institution...

  20. On Ecological Design of the External Support for Climbing Plants%攀援植物支持物的生态设计

    Institute of Scientific and Technical Information of China (English)

    赵亮; 杨云峰

    2011-01-01

    国内对攀援植物的应用缺乏创新,对支持物欠缺考虑是其重要原因之一.首先分析了国内外攀援植物支持物的演变过程,比较中西方支持物应用的差异,在园林设计要素中的地位以及演变的动因,并通过分析南京中山陵音乐台的紫藤花廊的重要作用与影响,阐释“廊架”形式在国内出现的原因;其次从攀援植物生态学研究成果出发,归纳攀援植物园林应用中不同于乔木等其他植物类群的特点与要求,并阐明支持物相应的设计原则与方法;最后介绍国外最新的设计案例,分析其设计思路与技术手段,表明如何运用攀援植物造景“面”的基本形式.%The domestic application of climbing plants has the problem of lacking innovation ability which is because little consideration is given to external support. Firstly, this paper analyzes the foreign and domestic historical changes about the external support for climbing plants which has great differences in application, position of the garden factors and evolution power, and gives the reason why the "veranda-frame" appeared in China by analyzing the wisteria veranda in Nanjing Zhongshan Scenic Area Music Stage. Secondly, the paper induces the characteristics and requirements in the application of climbing plants based on the results of ecological research, which is different from tree and other groups, and gives the principle and method of design about external support. Finally, the paper introduces the cases of newest foreign design and analyzes their ideas and technologies, showing how to use climbing plants by the basic form of "plane".

  1. Analysis of the environmental strategies for supportting the economic-financial evaluation of energy sector firms within the corporate sustainability index – ISE

    Directory of Open Access Journals (Sweden)

    Luciano Queiroz de Araújo Júnior

    2014-11-01

    Full Text Available Business companies have entered the sustainable development to achieve growth in the market in which they operate and remain in the long term, as well as the generation of higher income. The objective of the present study is to correlate the environmental strategies as support for assessment and financial return of the Brazilian energy sector companies that are listed in the corporate sustainability Index (ISE in the Bolsa de Valores Bovespa/BMF. For this correlation analysis, we used the Data Envelopment Analysis DEA, to perform the assessment of efficiency through the classic border and construction of a combined index ranking, with statistical analysis conducted by SPSS, with the data from the 10 companies in the energy sector used in the research. For analysis of environmental strategies, analyzed all the Yearbooks published, through a qualitative analysis. As a result, was raised a ranking of companies which presents the company Light S/A as the most efficient financial and environmental correlation. Is also a general survey of the main strategies used by each company, in order to contribute to a sustainable actions alignment to the State of national art.

  2. Perceptions of the usefulness of external support to immunization coverage in Chad: an analysis of the GAVI-Alliance cash-based support.

    Science.gov (United States)

    Ferrinho, Paulo; Dramé, Mohammed; Tumusiime, Prosper

    2013-01-01

    Chad is one of the countries supported by the GAVI-Alliance that remains with unsatisfactory vaccination coverage. This paper tries to understand the main barriers to better coverage. These barriers were categorised as up or downstream against the health system building blocks as proposed by WHO and compared with barriers and activities identified by the country in its health system's strengthening grant proposal as approved by the GAVI Alliance in 2007. Data were collected using a modified Delphi system and by analysis of grant and annual report documents. Most of the activities anticipated under the GAVI health system's strengthening proposal are activities targeting downstream barriers (the neglect of upstream issues is of major importance in a decentralised state like Chad) and aligned with, not complementary to, immunization services strengthening activities. Further, both set of cash grants are blind to important recommendations such as the need to address barriers at the level of leadership and governance and at the level of the financing system and also about initiatives to promote community demand of vaccination services. IN CHAD SLOW VACCINATION PROGRESS IS AGGRAVATED BY SEVERAL CONTEXTUAL BARRIERS: the size of the country, the low population density, the nomadic nature of a significant part of its peoples, the recent civil war, associated with civil unrest and political instability and its geographical localization. In this situation it would be important to sustain downstream operations (the major focus of the ISS grant) while taking a long term view of the needs of the health system. The GAVI effectively supports downstream operations, but neglects the long term view.

  3. Study on the Mechanism of the Financial Support System for Innovation-driven Development%金融体系支持创新驱动发展机制研究

    Institute of Scientific and Technical Information of China (English)

    张岭; 张胜

    2015-01-01

    金融链、创新链和产业链融合是落实科技与金融结合,实现创新驱动发展战略最重要的切入点和着力点。基于创新驱动发展的金融服务需求,提出了金融发展支持科技创新的路径,重点分析了金融体系支持创新驱动发展战略的作用机制。研究结果表明,金融支持创新驱动发展的关键在于构建金融链对创新链和产业链前端种子期、初创期企业的融资支持体系,并采取有利于创新驱动发展战略实施的金融支持策略。%T he integration of financial chain ,innovation chain and industrial chain is the most important starting point and focus to implement the strategic of technology and finance combination and innovation‐driven development .Based on the financial services demand of innovation‐driven development ,put forw ard the path of financial development to support tech‐nical innovation ,this paper emphatically analyzes the mechanism of financial system to support innovation‐driven develop‐ment strategy .Results suggests that the key of financial support for innovation‐driven development is building a financing support system that financial chain to financing seed and start‐up companies in the front end of innovation chain and indus‐try chain ,accordingly proposes the financial support strategies to boost innovation‐driven development strategy .

  4. FINANCIAL RETURN ON ASSETS. THE IMPACT OF THE FINANCIAL RETURN ON ASSETS OVER THE COMPANY’S DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Constantin Căruntu

    2009-11-01

    Full Text Available The financial rate of return is a significant indicator for assessing the economic and financial performance of an enterprise for the internal diagnosis, as well as for the analysis required by the external partners. The financial return is a basic indicator which characterizes the business performances that is found directly under the trade policy (trade cost, efficiency of capital employed (economic profitability but also under the financial policy of the company. If the economic rate of return expresses a remuneration of the employed capital only in relation to operating activities, the financial rate of return quantifies a remuneration of the private capital trough all three types of activity: operational, financial and extraordinary. Starting from the consideration that the financial rate of return expresses the efficiency of equity or permanent capital use of the company we can state that it is of particular importance to the shareholders of the company, which considers according to it’s level whether their investments are justified and they will continue to support the business development through raising of fresh capital or abandonment for a limited period to one part of the dividends due. Managers, in turn, will be keen on maintaining an appropriate level of this rate, in order to retain their positions and to achieve the performance criteria of the company.

  5. Effect of External Ankle Support on Ankle and Knee Biomechanics During the Cutting Maneuver in Basketball Players.

    Science.gov (United States)

    Klem, Nardia-Rose; Wild, Catherine Y; Williams, Sian A; Ng, Leo

    2017-03-01

    basketball population during a cutting task. Compared with the lace-up brace, the hinged brace may be a better choice of prophylactic ankle support for female basketball players from a biomechanical perspective. However, both braces increased knee internal rotation and knee abduction angles, which may be problematic for a population that already has a high prevalence of knee injuries.

  6. Personalised External Aortic Root Support (PEARS Compared with Alternatives for People with Life-Threatening Genetically Determined Aneurysms of the Aortic Root

    Directory of Open Access Journals (Sweden)

    Tom Treasure

    2015-01-01

    Full Text Available Personalised external aortic support was first proposed in 2000 by Tal Golesworthy, an engineer with familial Marfan syndrome and an aortic root aneurysm. After putting together a research and development team, and finding a surgeon to take on the challenge to join him in this innovative approach, he was central to the manufacture of the device, custom made for his own aorta. He was the patient for the ‘first in man’ operation in 2004. Ten years later he is well and 45 other people have had their own personalised device implanted. In this account, the stepwise record of proof of principle, comparative quantification of the surgical and perioperative requirements, 10 years of results, and development and research plans for the future are presented.

  7. Financial Education

    OpenAIRE

    Udo Reifner; Anne Schelhowe

    2010-01-01

    New, more or better financial education and financial literacy programmes should lead to improved financial capability, knowledge and outcomes. Yet we do not even know which terminology is most suitable for those projects who all intend to give an answer to a question which is less than clear. What is meant by the term “financial education”? Why did the “demand” for financial education suddenly increase? Have the numerous tasks which consumers in a modern society have to fulfill created this ...

  8. 论促进中小微企业成长的金融政策支持体系%On the Government Financial Policy Supportive System for the SMMEs

    Institute of Scientific and Technical Information of China (English)

    郑曙光

    2012-01-01

      中小微企业的成长需要金融政策支持,金融政策支持体系构成中小微企业成长环境。金融政策支持作为一个系统,应由政策性金融、适应性的金融组织与贷款产品、融资担保体系、信贷服务体系等子系统组成,它们相互作用,相互依存。构建与实施金融政策支持体系应践行法制化路径,力求系统优化与完善。%  The development of small, micro and medium-sized enterprises is indispensible with financial policy support. The financial policy support system constitutes the environment for the growth of these enterprises. As a system, financial support policy should be comprised of policy-oriented finance, adaptable financial organization and loan products, financing guarantee system, credit service system and other subsystems, which interact and mutually depend on each other. The construction and implementation of the financial policy support system should depend upon legalization and the improvement and optimization of the system.

  9. 新能源产业金融支持影响因素实证研究%An Empirical Study of the Influencing Factors on the Financial Support of New Energy Industry

    Institute of Scientific and Technical Information of China (English)

    尹肖妮; 王国红; 冯晓慧

    2015-01-01

    随着国际能源危机的加重,新能源发展受到了广泛关注,发展新能源产业需要大量的资金投入和良好的金融支持体系。本文从金融信贷、资本市场和风险投资等方面分析了中国新能源产业金融支持的现状,利用2000~2013年的时间序列数据,通过计量模型对影响新能源产业金融支持的金融规模、金融结构和金融效率3个主要因素进行了实证分析。实证结果显示中国的金融规模、金融结构和金融效率均与新能源产业发展存在正相关关系,其中金融规模和金融效率是新能源产业发展的Granger原因;金融规模对新能源产业发展具有较显著的影响,而金融结构对新能源产业发展的促进作用不明显。%〔Abstract〕 With the deterioration of the international energy crisis , the development of new energy has received widespread atten-tion . The development of new energy industry needs a lot of capital and good financial support system . In this thesis , we analyze the pre-sent situation of the financial support of new energy industry in China from the aspects of financial credit , capital market and risk invest-ment . Based on the time series data of 2000 to 2013 , an empirical study is conducted on the financial scale , financial structure and finan-cial efficiency , three factors that have an influence on the financial support of new energy industry . The results indicate that the three fac-tors are positively related with the development of new energy industry . The financial scale and financial efficiency are the Granger reason for the development of new energy industry . Compared with the financial scale , which has a significant influence on the development of new energy industry , the influence of the financial structure on new energy industry is not significant .

  10. GLOBALIZATION AND INTERNATIONAL FINANCIAL CENTERS ACTIVITY

    Directory of Open Access Journals (Sweden)

    VALENTINA FETINIUC

    2015-10-01

    Full Text Available International financial centers are places of concentration banking and specialized financial institutions activities, engaged in international financial transactions. They have become elements of international market mechanisms that serve as controls global financial flows. The movement of the past carried out in the field of monetary and settlement services for the sale of goods and services, international investments, transactions with various financial instruments, foreign currency transactions. They have become points of support of financial globalization process, ensuring the normal circulation of international financial flows, and the link between local and international financial markets. This article examines the essence, the types and importance of specific territorial formations in the context of globalization.

  11. Economic values and corporate financial statements.

    Science.gov (United States)

    Magness, Vanessa

    2003-07-01

    Corporate financial statements do not include environmental values. This deficiency has contributed to the criticism that company managers do not include environmental impacts in the internal decision-making process. The accounting profession has not developed effective environmental reporting guidelines. This situation contributes to a second problem: the apparent inability of corporate reports to provide useful information to external parties. It has been suggested that by using nonmarket valuation methodologies, financial statements can be used to measure progress toward sustainable development. Nonmarket valuations are not generally accepted by the accounting profession. They are too subjective to support effective decisions, and too costly to obtain. Furthermore, demand for this sort of information appears small. Some of these issues may be resolved over time. The most serious challenge, however, concerns how enhanced financial reports would be used. Financial statements are supposed to help investors assess the amount, timing, and uncertainty of future cash flows. A substantial portion of environmental value is based on nonuse benefits, much of which will never be realized in company cash flows. In other words, the role of financial statements would have to change. Furthermore, since there is no general agreement as to the meaning of "sustainable development," efforts to operationalize the term have been fraught with difficulty. Moreover, monetization of environmental values could jeopardize their preservation, leaving some to question the overall objective of this form of reporting. For these reasons, while it is to be hoped that better reporting of environmental impacts will be forthcoming, the greatest advances will likely be outside the financial statements themselves.

  12. FINANCIAL MECHANISMS OF FINANCIAL CRISES

    Directory of Open Access Journals (Sweden)

    Ivan LUCHIAN

    2016-07-01

    Full Text Available The actuality of this article is determined by the need to demonstrate that financial crisis is not just an issue of economic disaster caused by contagion effect of financial cataclysm, expressed in national currency depreciation, depletion of foreign exchange reserves, mass bankruptcy of financial institutions, non-market entities insolvency and impossibility of sovereign debt servicing, but a special investment opportunity with associated characteristics of profitability. Central aims of article is research of financial crisis essence, investment mechanisms linked to existing fundamental laws of its conduct and determination of investment opportunities manifested in various segments of financial market and related sectors. Main research methods were: systemic analysis, statistical analysis, monographic and logic synthesis, etc. Main scientific results obtained in the article, due to research are to identify, analyze and demonstrate investment opportunities of international financial crisis and financial crises in Moldova.

  13. Basic Financial Accounting

    DEFF Research Database (Denmark)

    Wiborg, Karsten

    This textbook on Basic Financial Accounting is targeted students in the economics studies at universities and business colleges having an introductory subject in the external dimension of the company's economic reporting, including bookkeeping, etc. The book includes the following subjects......: business entities, the transformation process, types of businesses, stakeholders, legislation, the annual report, the VAT system, double-entry bookkeeping, inventories, and year-end cast flow analysis....

  14. Evolution of an International External Quality Assurance Model To Support Laboratory Investigation of Streptococcus pneumoniae, Developed for the SIREVA Project in Latin America, from 1993 to 2005▿

    Science.gov (United States)

    Lovgren, Marguerite; Talbot, James A.; Brandileone, Maria Cristina; Casagrande, Silvana T.; Agudelo, Clara Inés; Castañeda, Elizabeth; Regueira, Mabel; Corso, Alejandra; Heitmann, Ingrid; Maldonado, Aurora; Echániz-Avilés, Gabriela; Soto-Noguerón, Araceli; Hortal, María; Camou, Teresa; Gabastou, Jean-Marc; Fabio, José Luis Di

    2007-01-01

    In 1993 the Pan American Health Organization initiated a laboratory-based surveillance system, called the SIREVA project, to learn about Streptococcus pneumoniae invasive disease in Latin American children. In 1994, National Laboratories in six countries were trained to perform serotyping and antibiotic susceptibility testing using broth microdilution to determine the MIC for specified antibiotics. An international External Quality Assurance (EQA) program was developed to monitor and support ongoing laboratory performance. The EQA program was coordinated by the National Centre for Streptococcus (NCS), Edmonton, Canada, and included external proficiency testing (EPT) and a validation process requiring regular submission of a sample of isolates from each laboratory to the NCS for verification of the serotype and MIC. In 1999, the EQA program was decentralized to use three of the original laboratories as regional quality control centers to address operational concerns and to accommodate the growth of the laboratory network to more than 20 countries including the Caribbean region. The overall EPT serotyping accuracies for phase I (1993 to 1998) and phase II (1999 to 2005) were 88.0 and 93.8%, respectively; the MIC correlations within ±1 log2 dilution of the expected result were 83.0 and 91.0% and the interpretive category agreements were 89.1 and 95.3%. Overall, the validation process serotyping accuracies for phases I and II were 81.9 and 88.1%, respectively, 80.4 and 90.5% for MIC agreement, and 85.8 and 94.3% for category agreement. These results indicate a high level of testing accuracy in participating National Laboratories and a sustained increase in EQA participation in Latin America and the Caribbean. PMID:17687007

  15. The effect of financial incentives on top of behavioral support on quit rates in tobacco smoking employees: study protocol of a cluster-randomized trial.

    Science.gov (United States)

    van den Brand, F A; Nagelhout, G E; Winkens, B; Evers, S M A A; Kotz, D; Chavannes, N H; van Schayck, C P

    2016-10-06

    Stimulating successful tobacco cessation among employees has multiple benefits. Employees who quit tobacco are healthier, more productive, less absent from work, and longer employable than employees who continue to use tobacco. Despite the evidence for these benefits of tobacco cessation, a successful method to stimulate employees to quit tobacco is lacking. The aim of this study is to evaluate whether adding a financial incentive to behavioral support (compared with no additional incentive) is effective and cost-effective in increasing abstinence rates in tobacco smoking employees participating in a smoking cessation group training. In this cluster-randomized trial employees in the intervention and control group both participate in a smoking cessation group training consisting of seven weekly counseling sessions of ninety minutes each. In addition to the training, employees in the intervention group receive a voucher as an incentive for being abstinent from smoking at the end of the training (€50), after three months (€50), after six months (€50), and after one year (€200). The control group does not receive any incentive. The primary outcome is carbon monoxide validated 12-month continuous abstinence from smoking (Russel's standard). Additionally, an economic evaluation is performed from a societal and an employer perspective. The present paper describes the methods and design of this cluster-randomized trial in detail. We hypothesize that the financial incentive for abstinence in the form of vouchers increases abstinence rates over and above the group training. The results of this study can provide important recommendations for enhancement of employee tobacco cessation. Dutch Trial Register: NTR5657 . First received 27-01-2016.

  16. INFORMATION SYSTEM OF THE FINANCIAL ANALYSIS

    Directory of Open Access Journals (Sweden)

    MIRELA MONEA

    2013-12-01

    Full Text Available Financial analysis provides the information necessary for decision making, and also helps both the external and internal users of these. The results of the financial analysis work are dependent on the quality, accuracy, relevance and effectiveness of the information collected, and processed. Essential sources of information for financial analysis are financial statements, which are considered the raw material of financial analysis. One of the financial statements -the balance sheet - provides information about assets, liabilities, equity, liquidity, solvency, risk, financial flexibility. The profit and loss account is a synthesis accounting document, part of the financial statement reporting enterprise financial performances during of a specified accounting period and summarizes all revenues earned and expenses of an accounting period and reports the results.

  17. Financial support to explore the great role of livestock development%财政支持畜牧业发展的巨大作用探讨

    Institute of Scientific and Technical Information of China (English)

    唐保国

    2013-01-01

    畜牧业作为农业的一个重要组成部门,因不符合古典经济学所设定的市场条件而难以依赖市进行资源配置。文章通过对世界主要农业发达国家扶持畜牧业发展的财政政策介绍及国内外学者对农业投入与农业发展水平的实证结果,得出财政支持畜牧业发展的不可替代作用。%animal husbandry as an important component of agriculture sector, because they do not comply with the set of classical economics is difficult to rely on market conditions and market allocation of resources. Articles by the world's major developed countries to support agricultural development of animal husbandry and fiscal policy introduce domestic and foreign scholars of agricultural inputs and agricultural development level empirical results obtained financial support irreplaceable role in the development of animal husbandry.

  18. Financial issues for hospital auxiliaries.

    Science.gov (United States)

    Fogel, L A

    1986-01-01

    Auxiliaries can serve a more important financial role in today's environment than ever before. Hospitals are searching for positive avenues to promote themselves to the community and to generate more financial support to help offset the losses created by decreasing inpatient utilization and payments from third-party payers. Auxiliaries should recognize that their financial role has never been more important to the financial viability of their hospitals. Auxiliaries should communicate closely with hospital administration so that both organizations work to achieve compatible goals. Auxiliaries should be operated more like businesses, which means establishing goals and objectives, preparing effective budgets and interim financial statements, thinking and planning innovatively, and establishing adequate inventory controls, investment policies, and pricing structures. If auxiliaries follow these steps, they will not only succeed in providing more financial support to hospitals than ever before but will also receive the recognition and support they deserve for their effort.

  19. Superficial Analysis of the Financial Support for Small and Micro Enterprises Financing Difficulties and Countermeasures%浅析金融支持小微企业融资难的原因及对策

    Institute of Scientific and Technical Information of China (English)

    王瑞学; 李慧莉

    2015-01-01

    近年来,国家不断加大对小微企业金融服务的政策支持力度,央行近期又下发了《关于完善信贷政策支持再贷款管理政策支持扩大"三农"、小微企业信贷投放的通知》,进一步加大对"支农支小"的信贷支持力度.但是,金融机构"难贷款"和小微企业"贷款难"的问题仍是县域经济发展中不和谐的音符.作为支持县域经济发展的金融机构,如何发挥好金融的杠杆作用,促进县域经济发展,是当前金融机构必须认真思考并加以解决的问题.%In recent years, the state continued to increase financial services for small and micro enterprises policy support, the central bank recently issued a "Notice of the Improving the Credit Policy Support and then Loan Management Policies to Support the Expansion of 'Agriculture, Rural Areas, and Farmers', Small and Micro Enterprise Credit", and further increase "support rural and support small business" credit support efforts. However, financial institutions "difficult loans" and small micro enterprises" loan difficult" problem is still the county economic development in the discordant notes. As a financial institution to support the development of county economy, how to play a good role in financial leverage, and promote the development of county economy, is the current financial institutions must seriously think about and solve the problem.

  20. Financial mathematics

    CERN Document Server

    Jothi, A Lenin

    2009-01-01

    Financial services, particularly banking and insurance services is the prominent sector for the development of a nation. After the liberalisation of financial sector in India, the scope of getting career opportunities has been widened. It is heartening to note that various universities in India have introduced professional courses on banking and insurance. A new field of applied mathematics has come into prominence under the name of Financial Mathematics. Financial mathematics has attained much importance in the recent years because of the role played by mathematical concepts in decision - m

  1. Financial Anxiety, Physiological Arousal, and Planning Intention

    Directory of Open Access Journals (Sweden)

    John Grable

    2014-12-01

    Full Text Available Results from this exploratory clinical study indicate that financial anxiety—holding an unhealthy attitude about one’s financial situation—and physiological arousal—the physical precursor to behavior—play important roles in shaping consumer intention to engage in future financial planning activity. Findings suggest that those who are most likely to engage the services of a financial adviser exhibit low levels of financial anxiety and moderate to high levels of physiological arousal. The least likely to seek the help of a financial adviser are those who exhibit high financial anxiety and low physiological arousal. Results support findings documented in the literature that high anxiety levels often lead to a form of self-imposed helplessness. In order to move those experiencing financial anxiety towards financial solutions, financial advisers ought to take steps to simultaneously reduce financial stressors and stimulate arousal as a way to promote behavioral change and help seeking.

  2. Financial Literacy, Financial Education, and Economic Outcomes

    Science.gov (United States)

    Hastings, Justine S.; Madrian, Brigitte C.; Skimmyhorn, William L.

    2013-01-01

    In this article, we review the literature on financial literacy, financial education, and consumer financial outcomes. We consider how financial literacy is measured in the current literature and examine how well the existing literature addresses whether financial education improves financial literacy or personal financial outcomes. We discuss the…

  3. Financial Literacy, Financial Education, and Economic Outcomes

    Science.gov (United States)

    Hastings, Justine S.; Madrian, Brigitte C.; Skimmyhorn, William L.

    2013-01-01

    In this article, we review the literature on financial literacy, financial education, and consumer financial outcomes. We consider how financial literacy is measured in the current literature and examine how well the existing literature addresses whether financial education improves financial literacy or personal financial outcomes. We discuss the…

  4. Financial Statements in Providing Financial Security of Agricultural Enterprises

    OpenAIRE

    Olha Vdovenko

    2014-01-01

    In conditions of severe market competition and economic turmoil financial security of agricultural businesses largely depends on the effectiveness of management decisions, reporting being the information support to ensure such decision making. Thus, the practice of preparing accounting figures and their adjustment has a direct effect on agricultural businesses financial security. Having been generalized at the industry level, statistical and financial statements are used for the development o...

  5. Financial Support to the Economic Development of Yangtze River Area of Anhui Province%皖江区域经济发展的金融支持研究

    Institute of Scientific and Technical Information of China (English)

    马小雪; 冯庆水

    2012-01-01

    随着《皖江城市带承接产业转移示范区规划》的提出,皖江区域应借助这一契机,大力发展经济,因此,对皖江区域经济发展中金融支持的研究具有现实意义。对皖江区域的经济发展、产业结构、金融水平、开放合作、公共服务、社会环境六大类要素进行因子分析,并运用金融相关指标构建皖江区域金融发展和经济增长关系的计量模型,得出金融支持对皖江区域经济发展的重要性。建议从金融各个方面支持皖江区域经济的增长,促进皖江区域产业结构升级和优化。%The issuing of the industrial transfer demonstration area planning for cities along Yangtze river in Anhui Province has brought a golden opportunity for the area to develop its economy. Hence, researches into financial support to the economic development of this area have a practical significance. With an analysis of the economic growth, industrial structure, financial level, openness and cooperation, public services, and social environment of the area, and by building an econometric model of relationship between financial development and economic growth by financial related index, the paper discovers the importance of financial support to the economic development of the area. It is suggested that the economic growth of the area should get an all-around financial support, so as to facilitate the upgrading and optimizing of its industrial structure.

  6. On Transference of the Right to Rural Land Management in View of Financial Support%论农村土地经营权流转与金融支持

    Institute of Scientific and Technical Information of China (English)

    庞锋

    2015-01-01

    To shift the right of land management has become an inevitable tendency for increasing farm‐er’s income and promoting agricultural modernization ,w hich requires the support of a sound financial sys‐tem .At present the rural financial system has indicated the need for diverse and excellent service ,a trend of centralization and strengthening of financial risk and the problem of insufficient support of financing in‐stitution and homogenization of financial products .T hus it is proposed that our country establish a sound legal system for financial support on a macroscopic scale ,lay dow n the responsibility and duty of govern‐ment and innovate financial products and services on a micro level to promote the transference of the right to rural land management .%农村土地经营权的有序流转需要健全的金融体系的支持。当前农村金融支持体系呈现服务需求的多元化、优质化,金融风险的集中化与增强化的趋势,也面临金融机构支持不足、金融产品单一化的问题。因此,在宏观上必须健全金融支持的法律法规,明确政府责任;在微观上要不断创新金融产品和服务,以推进农村土地经营权的流转。

  7. Supporting Youth Transitioning out of Foster Care. Issue Brief 2: Financial Literacy and Asset Building Programs. OPRE Report No. 2014-69

    Science.gov (United States)

    Edelstein, Sara; Lowenstein, Christopher

    2014-01-01

    This issue brief is one of three that focus on programs providing services to youth transitioning out of foster care in three common service domains: education, employment, and financial literacy and asset building. This brief highlights why financial literacy and asset building services are important to youth currently or formerly in foster care,…

  8. A kinetic model for describing effect of the external surface concentration of TiO2 on the reactivity of egg-shell activated carbon supported TiO2 photocatalyst

    Institute of Scientific and Technical Information of China (English)

    2007-01-01

    The porous support supported TiO2 is considered to be the promising photocatalyst due to the fact that it is easily recovered from water and has high capacity to mineralize pollutants. Obviously, the expected structure of this kind of photocatalyst is egg-shell, that is, TiO2 is mainly on the external surface of the porous support. The reactivity of the supported photocatalyst strongly depends on the concentration of TiO2 on the external surface of the porous support. In this study, a kinetic model was developed to describe the effect of the external surface concentration of TiO2 (CESC) on the reactivity of egg-shell activated carbon (AC) supported TiO2 photocatalysts. It was found that the obtained model precisely described the effect of CESC, on the reactivity of TiO2/AC photocatalysts. This study can be used to deeply understand the performance of TiO2/AC catalysts and to provide valuable information on designing efficient supported TiO2 photocatalysts.

  9. 广州市战略性新兴产业发展的金融支持政策研究%The Policy Research on Financial Support for Guangzhou’s Strategic Emerging Industry

    Institute of Scientific and Technical Information of China (English)

    夏喆; 王晓东

    2014-01-01

    This article analyses Guangzhou’s financial support for strategic emerging industry. Under the integration guid-ance of policy financial institutions,commercial banks and financial market,the article suggests as follows:developing eq-uity investment,coordinating policy finance tool and financial market by all kinds of guidance fund,building local debt market,coordinating all kinds of platforms,building investment intermediaries,building private and state owned financial groups,developing financial SMEs for indirect finance,innovating financial derivatives,and innovating consumption credit model.%分析广州市战略性新兴产业金融支持的不足,并沿着政策性金融机构、商业银行和资本市场相结合的政策指导思想,提出一揽子金融创新政策建议,发展股权投资,壮大直接金融体系;以政府的创业、产业、并购引导基金为重点,协调政策性金融工具和资本市场;建设区域多层次债券市场,增强各类平台间的协同;完善投融资中介服务体系,发展国有、民营金融控股集团,发展地方中小型金融机构,推动新型产业的间接融资;创新金融衍生产品,创新消费信贷模式。

  10. Review of SKB's Safety Assessment SR-Can: Contributions in Support of SKI's and SSI's Review by External Consultants

    Energy Technology Data Exchange (ETDEWEB)

    2008-03-15

    The Swedish Nuclear Fuel and Waste Management Co (SKB) plans to submit a license application for the construction of a repository for spent nuclear fuel in Sweden 2010. In support of this application SKB will present a safety report, SR-Site, on the repository's long-term safety and radiological consequences. As a preparation for SR-Site, SKB published the preliminary safety assessment SR-Can in November 2006. The purposes were to document a first evaluation of long-term safety for the two candidate sites at Forsmark and Laxemar and to provide feedback to SKB's future programme of work. An important objective of the authorities' review of SR-Can is to provide guidance to SKB on the complete safety reporting for the license application. The authorities have engaged external experts for independent modelling, analysis and review, with the aim to provide a range of expert opinions related to the sufficiency and appropriateness of various aspects of SR-Can. The conclusions and judgments in this report are those of the authors and may not necessarily coincide with those of SKI and SSI. The authorities own review will be published separately (SKI Report 2008:23, SSI Report 2008:04 E). This report compiles contributions from several specific research projects. The separate reviews cover topics regarding the engineered barrier system, the quality assurance, the climate evolution and its effects, and the ecosystems and environmental impacts. All contributions are in English apart from the review concerning ecosystems and environmental impacts, which is presented in Swedish

  11. Basic life support and automated external defibrillator skills among ambulance personnel: a manikin study performed in a rural low-volume ambulance setting

    Directory of Open Access Journals (Sweden)

    Nielsen Anne

    2012-05-01

    Full Text Available Abstract Background Ambulance personnel play an essential role in the ‘Chain of Survival’. The prognosis after out-of-hospital cardiac arrest was dismal on a rural Danish island and in this study we assessed the cardiopulmonary resuscitation performance of ambulance personnel on that island. Methods The Basic Life Support (BLS and Automated External Defibrillator (AED skills of the ambulance personnel were tested in a simulated cardiac arrest. Points were given according to a scoring sheet. One sample t test was used to analyze the deviation from optimal care according to the 2005 guidelines. After each assessment, individual feedback was given. Results On 3 consecutive days, we assessed the individual EMS teams responding to OHCA on the island. Overall, 70% of the maximal points were achieved. The hands-off ratio was 40%. Correct compression/ventilation ratio (30:2 was used by 80%. A mean compression depth of 40–50 mm was achieved by 55% and the mean compression depth was 42 mm (SD 7 mm. The mean compression rate was 123 per min (SD 15/min. The mean tidal volume was 746 ml (SD 221 ml. Only the mean tidal volume deviated significantly from the recommended (p = 0.01. During the rhythm analysis, 65% did not perform any visual or verbal safety check. Conclusion The EMS providers achieved 70% of the maximal points. Tidal volumes were larger than recommended when mask ventilation was applied. Chest compression depth was optimally performed by 55% of the staff. Defibrillation safety checks were not performed in 65% of EMS providers.

  12. Effects of introducing a voluntary virtual patient module to a basic life support with an automated external defibrillator course: a randomised trial

    Directory of Open Access Journals (Sweden)

    Kononowicz Andrzej A

    2012-06-01

    Full Text Available Abstract Background The concept of virtual patients (VPs encompasses a great variety of predominantly case-based e-learning modules with different complexity and fidelity levels. Methods for effective placement of VPs in the process of medical education are sought. The aim of this study was to determine whether the introduction of a voluntary virtual patients module into a basic life support with an automated external defibrillator (BLS-AED course improved the knowledge and skills of students taking the course. Methods Half of the students were randomly assigned to an experimental group and given voluntary access to a virtual patient module consisting of six cases presenting BLS-AED knowledge and skills. Pre- and post-course knowledge tests and skills assessments were performed, as well as a survey of students' satisfaction with the VP usage. In addition, time spent using the virtual patient system, percentage of screen cards viewed and scores in the formative questions in the VP system throughout the course were traced and recorded. Results The study was conducted over a six week period and involved 226 first year medical students. The voluntary module was used by 61 (54% of the 114 entitled study participants. The group that used VPs demonstrated better results in knowledge acquisition and in some key BLS-AED action skills than the group without access, or those students from the experimental group deliberately not using virtual patients. Most of the students rated the combination of VPs and corresponding teaching events positively. Conclusions The overall positive reaction of students and encouraging results in knowledge and skills acquisition suggest that the usage of virtual patients in a BLS-AED course on a voluntary basis is feasible and should be further investigated.

  13. Financial Crisis

    Institute of Scientific and Technical Information of China (English)

    黄骅

    2012-01-01

      Financial crisis started from America and soon spread all over the world. How did this happen? What government has done to rescue the economy and what should we do to help? Is financial crisis inevitable? These questions have bothered me for a long time. However, if we use a macroeconomist eye to view the world, all the questions seemed clear and crystal.

  14. Dollarization and External Sustainability of Turkey

    Directory of Open Access Journals (Sweden)

    Amira Karimova

    2015-06-01

    Full Text Available In this paper, we attempt to explain that expanding current account deficit of Turkey can be a highlighting signal of its dependency on foreign capital inflows. When private non-financial firms borrow in foreign currency, they face currency mismatch in their balance sheets. Statistical analyses of aggregated balance sheet data of non-financial sector revealed that the negative gap between firms’ dollarized assets and liabilities has been increasing considerably in Turkey. This creates financial exposure by private non-financial sector. Given a high level of liability dollarization by firms in Turkish economy, it is exposed dramatically to the changes in external and domestic conditions.

  15. The Importance of Capturing and Using Financial Information in Small Business

    Directory of Open Access Journals (Sweden)

    Dorothy Davis

    2009-01-01

    Full Text Available Problem statement: Small businesses have not been realizing the advantages of good record-keeping and management of financial records. The purpose of this study was to determine some key issues relating to the recordkeeping practices of small business to help determine areas that are causing this major subgroup of businesses to underutilize their use of captured financial data through business processes. Approach: A survey was distributed to small business owners in the retail apparel industry which looked at different classes of issues that would impact the management and usefulness of financial data generated within the business. Results: The results showed that half of the respondents eschewed any computerized system, preferring the traditional manual approach to managing their financial data. Another discovery was that the majority of respondents did not use external expertise in financial data collection, organization or analysis. Manual system users also didn’t generate reports from the financial data nearly as often as computerized system users. Finally, this study showed that a large portion of the respondents that did use computerized systems for financial data management had not participated in the selection of the software. Conclusion: The results of this study helped spotlight areas of shortfalls of small businesses in the best organization and utilization of financial data, which would support the ongoing concerns of these businesses and strengthen them in an economic climate that had not been friendly towards small businesses for quite some time.

  16. 外界支持物对绞股蓝种群觅养行为和繁殖对策的影响%Effects of external support on the foraging behavior and reproductive strategies in Gynostemma pentaphylum populations

    Institute of Scientific and Technical Information of China (English)

    何维明; 钟章成

    2001-01-01

    G.Pentaphyllum,as a climbing plant,utilizes its surrounding plants as external support for upright growth under natural conditions.To examine the effects of the external support on foraging behavior and reproductive strategies in the G.pentaphyllum populations,two types of treatments,i.e.erect growth with external support,and prostrate growth without external support,were created to simulate their success and failure in encountering support using experimental ecological methods.The results showed as follows:(1)External support could significantly affect blade biomass ratio,tendril biomass ratio,branching ratio,specific leaf area,blade biomass/support biomass,and petiole angle.The influences can embody the ecological adaptation of G.pentaphyllum populations to heterogeneous light environments,and reflect the “research” of the population with prostrate growth for support as well.(2)External support could significantly influence reproductive allocation,reproductive index,reproductive efficiency index,reproductive ratio,and reproductive output.It implies that external support may significantly affect reproductive strategies of the populations.(3)The different characteristics of the populations had various sensitivity to external support.(4)It was through changing their light resource environments and growth means that external support affected foraging behavior and reproductive strategies in the G.pentaphyllum populations.%绞股蓝(Gynostemma pentaphyllum)是一种攀援植物,自然条件下攀附其它植物向上生长。利用实验生态学方法,设置两种处理,即有外界支持物(简称支持物)的直立生长和无支持物的伏地生长(模拟绞股蓝寻找到和找不到支持物的两种生长情况),以探讨支持物对绞股蓝种群觅养行为和繁殖对策的影响。结果表明:(1)支持物能显著影响叶片生物量比、卷须生物量比、分枝率、比叶面积、叶生物量/支持结构生物量比和叶柄角度

  17. 金融支持陕西产业结构优化升级研究%Study on Optimization and Upgrading of Industrial Structure in Shaanxi Province in the View of Financial Supporting

    Institute of Scientific and Technical Information of China (English)

    王军

    2012-01-01

    金融是现代经济的核心。产业结构优化升级离不开金融的支持与协同发展。"十二五"是陕西产业结构优化升级的关键时期,金融发展是加快陕西产业结构优化升级的重要途径。随着经济社会的发展,金融在推进陕西产业结构优化升级进程中的支持作用越来越重要。在广泛调研的基础上,文章从陕西金融与产业结构发展现状出发,分析了金融支持陕西产业结构优化升级面临的问题,结合陕西实际,提出了金融支持陕西产业结构优化升级的对策建议,主要包括明确制定产业发展规划,调整信贷结构,加大金融支持产业结构优化升级力度,加快金融创新,加强农村金融扶持,优化金融发展环境等。%Finance is the core of the modern economy.The optimization and upgrading of industrial structure depend on the financial support and development.The"12th Five-year plan" is the key period of Shaanxi industrial structure optimization and upgrading.Financial development is the important way to accelerate Shaanxi industrial structure optimization and upgrading.With the development of the economy and society,the finance industry has been more and more important.On the basis of survey,the paper starts from the development status of finance and industrial structure in Shaanxi,and analyses its main problems,combining with actual of Shaanxi Province,then proposes the suggestions about financial support as making clearly the industry development program,adjusting credit structure,increasing the financial support,strengthening rural financial support,speeding up financial innovation and optimization financial development environment.

  18. Financial Stress, Financial Literacy, Counselling and the Risk of Homelessness

    Directory of Open Access Journals (Sweden)

    Adam Steen

    2013-09-01

    Full Text Available Poor financial literacy may lead to poor life choices. These life choices can create or contribute to financial stress with adverse consequences - not the least of which may be homelessness. These issues are relatively well understood, but there is limited research on the link between financial stress, financial literacy and counselling, and homelessness. Specifically, there has been little research on how improved financial literacy and appropriate financial counselling might help to prevent homelessness. This paper synthesises existing literature on this topic and considers these issues using the ABCX family stress model of Hill (1958 using data from an Australian program aimed at alleviating family homelessness, the Home Advice Program. We provide evidence that suggests that case management and support which incorporates financial counselling and financial literacy can assist in moderating the impact of financial stress and help those at risk of homelessness. The findings have implications for public policy in the areas of financial education, consumer finance, and social services provision.

  19. Coping with Financial Distress

    Science.gov (United States)

    Chabotar, Kent John

    2007-01-01

    Colleges and universities, like corporations and other nonprofit organizations, are subject to periodic fluctuations in the economy and public support. Thus, the question is not whether they will confront financial problems but rather when and how. This article describes how institutions and boards can detect budgets in crisis, provides principles…

  20. Research on the Impact of Financial Support on Urbanization Construction%金融支持对城镇化建设的影响研究

    Institute of Scientific and Technical Information of China (English)

    李强

    2015-01-01

    In this paper, we use the time series data of the national 1991-2013, and through the ADF unit root test, Johansen cointegration test, error correction model and impulse response function. The results show that the scale of Finance and the financial efficiency will promote the urbanization, and the financial structure will have an inhibitory effect on urbanization. Financial scale, financial structure and financial efficiency are better than short-term effects on the long-term effects of urbanization. In the short term, the financial contribution to the urbanization is the biggest, and the financial efficiency is the biggest contribution to the urbanization, and the contribution of the financial structure to the urbanization is always small.%本文运用全国1991-2013年的时间序列数据,通过ADF单位根检验、Johansen协整检验、误差修正模型和脉冲响应函数,对金融支持城镇化建设进行实证研究.结果显示,金融规模、金融效率对城镇化起促进作用,而金融结构对城镇化起抑制作用.金融规模、金融结构和金融效率对城镇化作用的长期效应优于短期效应.短期内金融规模对城镇化贡献最大,长期内金融效率对城镇化贡献最大,金融结构对城镇化的贡献始终都较小.

  1. 中国农民专业合作社金融支持展望及对策%Prospect and Countermeasures of Financial Support for Farmers' Specialized Cooperatives in China

    Institute of Scientific and Technical Information of China (English)

    孙永珍; 李铁林

    2015-01-01

    当前中国农民专业合作社面临着严峻的资金短缺问题,已经成为制约其发展的关键因素。农民专业合作社的弱质性、农村信贷市场严重的信息不对称,以及合作社融资的法律法规不完善、对农村金融的过度管制、缺乏真正的合作金融组织,致使金融机构向合作社贷款的风险较高,进而加大了合作社从金融机构获得贷款的难度。因此,适宜的金融支持也就成为推动合作社健康发展的关键。针对中国农民专业合作社金融支持方面存在的问题,分析了阻碍农民专业合作社从金融机构获得贷款的因素,对合作社金融支持发展前景进行了展望,并提出了相应的对策建议。%The most serious problem that prohibits the development of farmers' specialized cooperatives is the shortage of funds. There were several factors which led to the high risk of loaning to cooperatives for financial institute and increased the difficulties for cooperatives getting loan from financial institute: the fragility of farmers' specialized cooperatives, the serious asymmetry information of rural credit markets, the incomplete laws of cooperatives' financing, the over regulation of rural finance and the lack of real financial cooperative organization. Therefore, proper financial support has become the key factor to promote the healthy development of cooperatives. The authors analyzed the problems existed in the financial support of farmers' specialized cooperatives, investigated the factors that inhibited the farmers' specialized cooperatives getting loans from financial institute, made a prospect for the financial support and suggested the relative solutions.

  2. FINANCIAL LITERACY, FINANCIAL EDUCATION AND ECONOMIC OUTCOMES

    OpenAIRE

    Hastings, Justine S.; Brigitte C. Madrian; Skimmyhorn, William L.

    2013-01-01

    In this article we review the literature on financial literacy, financial education, and consumer financial outcomes. We consider how financial literacy is measured in the current literature, and examine how well the existing literature addresses whether financial education improves financial literacy or personal financial outcomes. We discuss the extent to which a competitive market provides incentives for firms to educate consumers or offer products that facilitate informed choice. We revie...

  3. Can the availability of unrestricted financial support improve the quality of care of thalassemics in a center with limited resources? A single center study from India

    Directory of Open Access Journals (Sweden)

    Prantar Chakrabarti

    2012-12-01

    Full Text Available Comprehensive management of thalassemia demands a multidisciplinary approach, sufficient financial resources, carefully developed expertise of the care givers, as well as significant compliance on the patients’ part. Studies exploring the utility of unrestricted financing within the existing infrastructure, for the management of thalassemia, particularly in the context of a developing country, are scarce. This study aimed to assess the impact of sponsored comprehensive care compared to the routine care of thalassemics provided at Institute of Haematology and Transfusion Medicine, Kolkata, India. Two hundred and twenty patients were selected for the study and distributed in two arms. Regular monthly follow up was done including a Health Related Quality of Life (HRQoL assessment with SF 36 v2 (validated Bengali version. Patients receiving sponsored comprehensive care showed a significant improvement in the mean hemoglobin levels and decrease in mean ferritin. HRQoL assessment revealed a better score in the physical domain though the mental health domain score was not significantly better at nine months. Unrestricted financial support in the form of comprehensive care has a positive impact on the thalassemia patients in a developing country not only in terms of clinical parameters but also in health related quality of life. 地中海贫血症的综合管理需要多学科的研究方法、充足的财政资源,护理人员应具备丰富的专业知识,并且患者应尽可能服从安排。探讨现有基础设施内无限制财政支持的实用性和地中海贫血症管理(尤其是在发展中国家)的研究甚少。 此研究旨在评估与印度加尔各答血液及输血医学会提供的地中海贫血症常规护理相比,综合护理对患者的影响 。 此研究筛选了 220名患者,并分为两组进行研究。每月定期跟进两组患者情况,包括使用第2版SF 36(经验证的孟加拉语版本)进行

  4. The promotion of financialization of China's foreign aid with external shocks%外部冲击下中国援外工作的金融化战略推进

    Institute of Scientific and Technical Information of China (English)

    杨枝煌

    2012-01-01

    在论证我国援外进行金融化运作的必要性和紧迫性的基础上,重点论述我国援外金融化运作的重要途径,提出援外结算人民币化、建立中国对外援助银行等8个具体建议,并建议我国制定明确的援外金融目标。%This article focuses on the important ways of the financialization of China's foreign aid and put forward eight specific recommendations such as renminbisation, establish China's foreign aid banks and recommendations of eight foreign aid to develop clear financial goals.

  5. 河南省财政支农资金运用效率的DEA研究%Research on the Financial Support for Agriculture in Henan Province with DEA Method

    Institute of Scientific and Technical Information of China (English)

    郭善民; 李喜梅

    2011-01-01

    The government financial support for agriculture was discussed. Based on comprehensive analyses of literatures related to fund efficiency, the efficiency of Chinese financial support for agriculture and the fund size, structure and its benefits in Henan province were analyzed using data envelopment analysis(DEA) method. The results showed that the fund efficiency of financial support for agriculture had been declining, owing to the existence of fluctuations in the relative size and oversight in financial management. Analyses of the efficiency of various parts indicated that the efficiency of agricultural basic capital expenditure was the least, followed by expenses supported for agricultural production and various agricultural administrations, and then costs on three aspects of agricultural research.%首先简单阐述政府财政对农业的扶持,在综合研究分析财政支农资金效率方面的众多文献的基础上,运用数据包络分析(简称DEA)法分析中国财政支农资金使用效率,并分析了河南财政支农资金的规模、结构及效益.结果表明,财政支农资金效率不断下降,其原因在于相对规模存在波动和资金管理监督的不到位.各部分的效率分析结果表明,农业基本建设支出的效率最低,其次是支援农业生产和各项农业事业费,再次是农业科技三项费用.

  6. Mechanism, Pattern and Practice of Financial Support for Potato Industry in Dingxi City%金融支持定西马铃薯产业的机理、模式和实践

    Institute of Scientific and Technical Information of China (English)

    金立民

    2016-01-01

    发展贫困地区特色农业产业是实现区域内农民全面小康和增收致富的有效途径,金融支持滞后是导致特色农业产业发展落后的原因之一。通过研究甘肃省定西市马铃薯产业发展的3个经典金融支持案例发现,金融支持模式和流程创新降低了信用风险和交易成本,创新了金融资金和特色农业产业长期合作的机制,取得金融支持有效帮助区域内的特色农业产业发展,实现农村经济发展和农民增收的效果。未来应该通过优化特色农业产业区的金融生态环境、政府牵头与金融机构合作的立体支持体系、金融机构创新业务模式、金融机构提高综合服务能力和有效建立风险防范机制等措施提高金融支持农业特色产业的效率。%Developing the characteristic agricultural industry in poverty areas is an effective way of realizing the well-off society in an all-round way and peasants' income increase. Financial support hysteresis is one of the causes of backward of the development of the characteristic agricultural industry. By analyzing the three classic financial cases of potato industry in Dingxi city of Gansu Province, it was found that financial support modes and process innovation have reduced the credit risk and transaction costs, innovated the long-term cooperation between finance capital and characteristic agricultural industry, helped the development of characteristic agricultural industry, and realized the achievements of rural economic development and peasants' income increase. Based on the results, coping strategies are made for improving the efficiency of financial supports for characteristic agricultural industry development:optimizing the financial ecological environments of characteristic industrial district, creating the cooperative support system between the government and financial institutions, innovating the business model, improving integrated services ability and

  7. Research on the financial support of Zhoushan national ocean fishery base%舟山国家远洋渔业基地的金融支持研究

    Institute of Scientific and Technical Information of China (English)

    刘洋; 赵海峰

    2016-01-01

    The Ministry of Agriculture has approved and supported the construction of Zhoushan national ocean fishery base from 2014. This not only means new opportunities for the layout of Zhoushan ocean fishery industry, but also great challenges and space to the local financial support. Taking this as an opportunity and through the basis of field investigation in the relevant enterprises, financial institutions and the regional government, we analyzed the present situation of financial support in the construction of Zhoushan ocean fishery base. Then point out existing problems such as: contradiction between supply and demand caused by the single financial supply system; limitation in the government financial service platform, single mode of the capital operation; insufficient industry safeguard mechanism causing weak credit chain. Finally put forward specific measures to build the financial support of the construction of Zhoushan national ocean fishery base which including actively building diversified financial supply system; encouraging financial innovation; establishing of offshore fishing industry fund to enrich the way of capital operation; expanding insurance coverage to enhance the market guarantee mechanism , in order to achieve the financial support for the promotion of pelagic fishery upgrade of industry chain integration and the formation of the regional ocean fishery industry cluster.%2014年国家农业部批复同意并支持舟山建设国家远洋渔业基地,这不仅意味着舟山远洋渔业产业布局迎来新的发展机遇,同时也给地方金融支持带来巨大挑战及空间,文章以此为契机通过对区域内相关企业、金融机构及政府的实地调研,总结了舟山国家远洋渔业基地建设中的金融支持现状,指出了单一金融供给体系造成供需矛盾突出;政府融资服务平台受限,资本运作方式单一;行业风险保障机制不足,信用链脆弱等金融支持存在的问题,并

  8. National Consumer and Financial Literacy Framework

    Science.gov (United States)

    Ministerial Council for Education, Early Childhood Development and Youth Affairs (NJ1), 2011

    2011-01-01

    This document is a revised version of the National Consumer and Financial Literacy Framework (the Framework) originally developed in 2005. It articulates a rationale for consumer and financial education in Australian schools; describes essential consumer and financial capabilities that will support lifelong learning; and provides guidance on how…

  9. Effect of Electronic Reminders, Financial Incentives, and Social Support on Outcomes After Myocardial Infarction: The HeartStrong Randomized Clinical Trial.

    Science.gov (United States)

    Volpp, Kevin G; Troxel, Andrea B; Mehta, Shivan J; Norton, Laurie; Zhu, Jingsan; Lim, Raymond; Wang, Wenli; Marcus, Noora; Terwiesch, Christian; Caldarella, Kristen; Levin, Tova; Relish, Mike; Negin, Nathan; Smith-McLallen, Aaron; Snyder, Richard; Spettell, Claire M; Drachman, Brian; Kolansky, Daniel; Asch, David A

    2017-08-01

    Adherence to medications prescribed after acute myocardial infarction (AMI) is low. Wireless technology and behavioral economic approaches have shown promise in improving health behaviors. To determine whether a system of medication reminders using financial incentives and social support delays subsequent vascular events in patients following AMI compared with usual care. Two-arm, randomized clinical trial with a 12-month intervention conducted from 2013 through 2016. Investigators were blinded to study group, but participants were not. Design was a health plan-intermediated intervention for members of several health plans. We recruited 1509 participants from 7179 contacted AMI survivors (insured with 5 large US insurers nationally or with Medicare fee-for-service at the University of Pennsylvania Health System). Patients aged 18 to 80 years were eligible if currently prescribed at least 2 of 4 study medications (statin, aspirin, β-blocker, antiplatelet agent), and were hospital inpatients for 1 to 180 days and discharged home with a principal diagnosis of AMI. Patients were randomized 2:1 to an intervention using electronic pill bottles combined with lottery incentives and social support for medication adherence (1003 patients), or to usual care (506 patients). Primary outcome was time to first vascular rehospitalization or death. Secondary outcomes were time to first all-cause rehospitalization, total number of repeated hospitalizations, medication adherence, and total medical costs. A total of 35.5% of participants were female (n = 536); mean (SD) age was 61.0 (10.3) years. There were no statistically significant differences between study arms in time to first rehospitalization for a vascular event or death (hazard ratio, 1.04; 95% CI, 0.71 to 1.52; P = .84), time to first all-cause rehospitalization (hazard ratio, 0.89; 95% CI, 0.73 to 1.09; P = .27), or total number of repeated hospitalizations (hazard ratio, 0.94; 95% CI, 0.60 to 1.48; P

  10. The association between work ethics and attitudes towards organizational changes among the administrative, financial and support employees of general teaching hospitals.

    Science.gov (United States)

    Ravangard, Ramin; Sajjadnia, Zahra; Jafari, Abdosaleh; Shahsavan, Najme; Bahmaie, Jamshid; Bahadori, Mohammadkarim

    2014-01-01

    In order to achieve success in today's competitive world, organizations should adapt to environmental changes. On the other hand, managers should have a set of values and ethical guidelines for their administrative and organizational functions. This study aimed to investigate the association between work ethics and attitudes towards organizational changes among the administrative, financial and support employees of general teaching hospitals affiliated to Shiraz University of Medical Sciences. This was an applied, cross-sectional and descriptive-analytic study conducted in 2013. A sample of 124 employees was selected using stratified sampling proportional to size and simple random sampling methods. Data were collected using 2 questionnaires measuring the dimensions of employees' work ethics (four dimensions) and attitudes towards organizational changes (three dimensions). The collected data were analyzed using SPSS 18.0 and statistical tests, including ANOVA, independent samples t-test, and Pearson's correlation coefficient. A P ethic dimensions were related to being cooperative (4.60 ± 0.38) and dependable (4.29 ± 0.39) respectively. On the other hand, the maximum and minimum score of attitudes towards the various dimensions of organizational changes were related to the behavioral (3.83 ± 0.70) and the affective (3.55 ± 0.88) dimensions respectively. Furthermore, there was a significant relationship between the work ethics and education levels of the employees in this study (P = 0.003). Also, among work s dimensions, only being considerate had a significant association with attitudes towards organizational changes (P = 0.014) and their cognitive dimension (P = 0.005). To improve employees' work ethics and attitudes towards organizational changes, the following suggestions can be offered: training hospitals managers in participative management style and its application, as well as the importance of meeting the employees' needs and expectations based on their

  11. Examining the Impact of a Positive Behavior Support Program and Direct Instruction of Social and Emotional Learning Skills on the Externalizing Behaviors of Disruptive Youth

    Science.gov (United States)

    Jones, Darla Renee

    2014-01-01

    Many adolescent disruptive youth in Pennsylvania are removed from traditional school settings for externalizing behaviors including aggression, defying authority, poor relationships with peers and adults, disruptive behaviors, and bullying. Post-school outcomes of adolescent disruptive youth remain dismal, and these students are the most…

  12. Financial Evaluation Techniques, Institutions and Innovation

    DEFF Research Database (Denmark)

    Howells, John

    2003-01-01

    This paper reviews the relationship between financial evaluation and control techniques and innovative activity in a range of technological contexts. The relationship is broadly conceived to include both the financial techniques developed and deployed within the firm and theevaluative behaviour...... of financial institutions external to the firm such as venture capital and industrial investment banking. With innovative and investment opportunities tending to vary over time within an industry, it becomes apparent that there can be no permanent solution to the common problem of how to trade off financial...

  13. Financial Evaluation Techniques, Institutions and Innovation

    DEFF Research Database (Denmark)

    Howells, John

    2003-01-01

    of financial institutions external to the firm such as venture capital and industrial investment banking. With innovative and investment opportunities tending to vary over time within an industry, it becomes apparent that there can be no permanent solution to the common problem of how to trade off financial......This paper reviews the relationship between financial evaluation and control techniques and innovative activity in a range of technological contexts. The relationship is broadly conceived to include both the financial techniques developed and deployed within the firm and theevaluative behaviour...

  14. DOD Financial Management: Significant Efforts Still Needed for Remediating Audit Readiness Deficiencies

    Science.gov (United States)

    2017-02-01

    recommendations reported by external auditors : (1) identify and track them, (2) prioritize them, (3) develop corrective action plans (CAP) to remediate...when the entity is unable to provide sufficient supporting evidence to enable the auditor to express an opinion. In their reports , the IPAs identified...controls, and financial systems. Each military service is organized into two reporting entities: a general fund and a working capital fund.18 A

  15. Analytic Network Process on Financial Access of the Small and Medium Enterprise in Sharia Banking in Tasikmalaya City

    Directory of Open Access Journals (Sweden)

    Asep Suryanto

    2016-02-01

    Full Text Available Small and Medium Enterprise (SME has a significant role in national economic development. The increase of Small and Medium Enterprise is followed by the rise in employment absorbment and equity in income distribution. The capital constraint and the impedance of banking financial access have become the main problem to the Small and Medium entrepreneurs. The objectives of this research: 1 To identify the main factors as problems of Small and Medium Enterprises in having access to the financial institutions.2 To find the solutions of the research problems. This research used qualitative approach i.e. Analytic Network Process (ANP. For applying this method, it is expected to help the researchers in making measurement and sinthesis of some factors regarding the topic analyzed as well as finding the solution for problems faced by the SMEs. Data used in this research is primary data collected from questionaires and indepth interview with experts, practitioners, SMEs and regulators which then analyzed by structuringthe hierarchi into homogen clusters of the SMEs problems and solutions, measuring into ratio scale and building sinthesis. As the result, it becomes clear what factors impeding the financial access of the SMEs to banks. The results of this research shows that the difficulties of SMEs in accessing financial support in islamic financial institutions are internal problems of islamic banking i.e. 1 lack of financial assistance given to the SMEs, 2 the functions of islamic banking as business partners for SMEs is not optimal. Whereas the external problems in the SMEs is the disability in meeting the financial requirements asked by islamic banking that is collateral and business history. The solutions are: 1 internal solution; islamic banking should give business mentoring to SMEs that have received financial supports to minimalize the bad credits level. 2 external solution; the government should socialize islamic financial mechanism to SMEs as

  16. Financial Gap and Support System of SMEs in the Incubation%中小企业孵化的金融缺口与推进体系研究

    Institute of Scientific and Technical Information of China (English)

    崔艳娟; 王杰; 徐晓飞

    2011-01-01

    Incubator is the important platform of small and medium enterprises (SMEs) in the incubation, whether SMEs can incubated successfully is very significant for development of regional economy and enterprise innovation.However, financial gap is the most difficult for SMEs in the incubation like others.Based on the analysis of the characters and financial gap of SMEs in the incubation, the financial supporting and promoting system is established, which is composed of incubator platform system, government policies and law services system, multi - channel capital supply system of banking, capital markets, informal financial and others, and multi - polar credit guarantee system.It hopes to be the reference for the issue of financial gap of SMEs in the incubation.%孵化器是中小企业创业的平台,在孵企业孵化成功与否对于地区经济与企业创新发展具有重要的意义,然而与其他中小企业一样,中小企业孵化面临着金融缺口.在分析中小企业孵化的特点以及金融缺口的基础上,构建以孵化器为平台,政府政策与法律制度为服务保障,银行融资、资本市场、非正规融资与其他金融为多渠道资金供给,多极信用为担保的金融支撑与推进体系,以期对解决中小企业孵化金融缺口问题提供参考借鉴.

  17. A Financial Risk Premonition Model Based on the Hybrid Orthogonal Genetic Algorithm for Global Optimization and Support Vector Machine%混合HOGA-SVM财务风险预警模型实证研究

    Institute of Scientific and Technical Information of China (English)

    丁德臣

    2011-01-01

    目前涉及遗传算法与支持向量机相结合的预测模型中,遗传算法基本上采用的是标准算法.但是在对全局函数的优化中,一般的遗传算法容易陷入局部最优,从而降低遗传算法收敛速度和搜索精度,进而影响财务风险预警模型的精度与速度.基于此,提出了基于混合全局优化正交遗传算法(HOGA)和支持向量机(SVM)的财务风险预警模型(HOGA-SVM),通过使用混合全局优化正交遗传算法连同支持向量机来改进支持向量机进行财务风险预警的效果.结果显示,提出的模型不仅提高了财务风险预警的准确率和速度,而且模型的两类分类错误率(尤其是第一类分类错误率)相对其他模型也有了明显下降.未来的工作可以把模型的应用扩大到多分类的财务风险预警问题中.%Financial risk premonition can exert a significant influence on a company's survival and growth. Many financial risk premonition models generally fall into two categories: the traditional statistics model and the Al model. A hybrid model that incorporates hybrid genetic algorithms and support vector machines ( SVM ) is becoming an important financial risk promotion model.The simple genetic algorithm is frequently used in the hybrid financial risk premonition model. However, convergence rate has a weak performance in the optimization of multi-objective functions. A financial risk premonition model based on the hybrid orthogonal genetic algorithm for global optimization and support vector machine (HOGA-SVM) is proposed to improve the effect of financial risk premonition.HOGA is used to optimize both subset features and SVM parameters simultaneously. The optimization process includes five steps" ( 1 ) encode subset features and SVM parameters. The chromosomes of SVM parameters are encoded as a 16-bit string that consists of 8 bits standing for C and the other 8 bits standing for. The chromosomes of subset features were further encoded as

  18. FINANCIAL RENT, DEBT AND CRISIS

    Directory of Open Access Journals (Sweden)

    Atilla Ahmet UĞUR

    2011-12-01

    Full Text Available Financial crises have some common features even if they come into being in different areas and countries with different income level. Especially due to the financial liberalization and entegration of world economies, they affect many countries with a domino effect. Internationalization of capital stregthens particularly financial markets in developed countries and leads to speculative opportunities and possibilities of very high profit rates. Ambition for higher profit, from time to time, gives rise to fictitious structures, eliminating rational market behaviors. Problems of higher indebtedness and current account deficit in large economies such as the US lead to speculative bubles supported by financial derivatives, making nonproductive short term portfolio investments profitable. Before crisis, it is observed that this type of financial structures become common and real estate prices rise. And following crisis it is observed that public finance discipline deteriorate.

  19. Financial Inclusion, Financial Regulation, and Financial Education in Thailand

    OpenAIRE

    Tambunlertchai, Kanittha

    2015-01-01

    This paper addresses the issue of financial inclusion in Thailand through the lens of an institutional analysis, which takes into consideration the desired outcomes, the service providers and enabling agencies, and the regulatory context that shape the existing provision of financial inclusion in Thailand. In discussing the achievement of the desired outcomes in terms of financial inclusion, the issues of financial education and financial regulation, which provide the contexts within which th...

  20. IMPROVING FINANCIAL INCLUSION: TOWARDS A CRITICAL FINANCIAL EDUCATION FRAMEWORK

    Directory of Open Access Journals (Sweden)

    Renê Birochi

    2016-05-01

    Full Text Available Empirical research suggests that financial inclusion initiatives – such as facilitating access to financial resources or providing microcredit – are alone not enough to lower socioeconomic disparities. In this article, we adopt a critical stance as a guide for our empirical investigation. Our aim is to propose a financial education framework, tailored to low-income micro-entrepreneurs, that embraces new information and communication technologies (ICTs and seeks to improve financial inclusion and social emancipation. This empirical study was conducted in an Amazonian municipality in Brazil where recent access to ICTs has brought about important and varied socioeconomic changes. Results show that ICT-supported and tailored critical financial education can play a dual role: on the one hand, access to financial education might decrease the effects of generative mechanisms on global/local tensions, triggered by standardized ICT applications; on the other hand, such access might increase financial inclusion and social transformation through the integration of guiding principles into financial education programs.

  1. 农业科技推广中的金融支持模式研究%Research on the Financial Support Mode of Agricultural Sci-tech Promotion

    Institute of Scientific and Technical Information of China (English)

    李军峰; 吴莉敏

    2013-01-01

    The farmers'demand of agricultural sci-tech is very important for the promotion of agricultural sci-tech.By building the market equilibrium model of the agricultural sci-tech promotion , this paper analyzes the farmers'de-mand of agricultural sci-tech.It is pointed out that financial support is the important way to enhance farmers ’ sci-tech payment ability .We should establish the financial support model of "( company +base/cooperative +peas-ant household ) +financial institutions"in which the leading enterprise provides financial guarantee credit for farmers ’ agricultural sci-tech application in order to realize the sustainable development of agricultural sci-tech pro-motion.%  提高农户农业科技需求对农业科技推广具有重要意义。通过构建农业科技推广市场均衡模型,分析农户农业科技需求构成,指出金融支持是提升农户科技支付能力的重要途径,提出构建“(公司+合作社/基地+农户)+金融机构”的金融支持模式,龙头企业为农户应用农业科技的信贷提供金融担保,提高农户信用等级,以实现农业科技推广的可持续发展。

  2. External-Memory Multimaps

    CERN Document Server

    Angelino, Elaine; Mitzenmacher, Michael; Thaler, Justin

    2011-01-01

    Many data structures support dictionaries, also known as maps or associative arrays, which store and manage a set of key-value pairs. A \\emph{multimap} is generalization that allows multiple values to be associated with the same key. For example, the inverted file data structure that is used prevalently in the infrastructure supporting search engines is a type of multimap, where words are used as keys and document pointers are used as values. We study the multimap abstract data type and how it can be implemented efficiently online in external memory frameworks, with constant expected I/O performance. The key technique used to achieve our results is a combination of cuckoo hashing using buckets that hold multiple items with a multiqueue implementation to cope with varying numbers of values per key. Our external-memory results are for the standard two-level memory model.

  3. Financial Statements Analysis

    OpenAIRE

    Tănase Alin-Eliodor

    2014-01-01

    This article focuses on analyzing of a consolidated financial statements of a hypothetically SME. The interpretation of the financial position and performances is based on the more than 40 financial key ratios computed by using financial data from consolidated income statement, consolidated financial position and cash flow. However additional data from notes to financial statements are provided.

  4. Financial Statements Analysis

    Directory of Open Access Journals (Sweden)

    Tănase Alin-Eliodor

    2014-10-01

    Full Text Available This article focuses on analyzing of a consolidated financial statements of a hypothetically SME. The interpretation of the financial position and performances is based on the more than 40 financial key ratios computed by using financial data from consolidated income statement, consolidated financial position and cash flow. However additional data from notes to financial statements are provided.

  5. The Architecture of Financial Risk Management Systems

    Directory of Open Access Journals (Sweden)

    Iosif ZIMAN

    2013-01-01

    Full Text Available The architecture of systems dedicated to risk management is probably one of the more complex tasks to tackle in the world of finance. Financial risk has been at the center of attention since the explosive growth of financial markets and even more so after the 2008 financial crisis. At multiple levels, financial companies, financial regulatory bodies, governments and cross-national regulatory bodies, all have put the subject of financial risk in particular and the way it is calculated, managed, reported and monitored under intense scrutiny. As a result the technology underpinnings which support the implementation of financial risk systems has evolved considerably and has become one of the most complex areas involving systems and technology in the context of the financial industry. We present the main paradigms, require-ments and design considerations when undertaking the implementation of risk system and give examples of user requirements, sample product coverage and performance parameters.

  6. Financing constraints, business group's internal financial support and R&D input ---evidence from private high- tech listed companies%融资约束、企业集团内部资金支持与R&D投入——来自民营高科技上市公司的经验证据

    Institute of Scientific and Technical Information of China (English)

    贺勇; 刘冬荣

    2011-01-01

    新兴市场的企业集团具有重要的创新支持作用。在受到融资约束时,企业集团内部资本市场为成员企业的R&D活动获得比外部资本市场更为便利的资金提供了可能。基于我国民营高科技上市公司2007年至2009年的数据,以集团内部资金支持为中介变量,研究了企业R&D投入与融资约束的相关性问题。研究发现,民营集团控制型上市公司在资金短缺时会通过企业集团内部资本市场获取资金支持;集团控股股东倾向于支持拥有高现金流权的上市公司;上市公司R&D投入随着所获取的集团内部资金的增加而上升,而且在金融危机后的中度不利经济环境下具有显著性。研究结论丰富了创新和组织研究文献。%Business group in emerging markets has important innovation support role. It is possible for affiliates facing financial constraints to obtain more convenient funds from the internal capital markets of business group to support R&D than external capital market. Based on high - tech listed companies in 2007 to 2009, this paper studies the relationship between R&D input and financial constraints by introducing internal capital propping mediating variables. We find affiliates short of funds would be propped up by the business group' s internal capital markets. Group controlling shareholder tends to prop up those affiliates with high cash flow right. It is significant that the affiliates' R&D input improve with internal capital increases in moderate adverse economic environment after financial crises. Conclusions enrich literatures about organization and innovation.

  7. An analysis of financial crisis by an early warning system model: The case of the EU candidate countries

    Directory of Open Access Journals (Sweden)

    Vesna Bucevska

    2011-01-01

    Full Text Available The objective of this paper is to estimate the relative contribution of a wide array of determinants to outbreak of financial crises in the EU candidate countries (Croatia, Macedonia and Turkey and to identify the best-performing early warning indicators of financial crises. We have estimated a binomial logit model of the three EU candidate countries for the period 2005Q1 to 2009Q4 using actual quarterly data. It has been found that the capital account indicators (gross external debt relative to export and the financial sector variables (the domestic loans and the total bank deposits in relation to GDP have the highest contribution of all early warning indicators, which is in line with the previous studies of financial shocks in emerging markets. The obtained empirical results give support to the thesis that financial crises in the EU candidate countries can not be solely explained and predicted by only one group of variables, but by a number of different types of indicators. Based on our empirical findings, the EU candidate countries are strongly suggested to decrease their stock of external debt to GNP and to continually analyze and close monitor the financial deepening processes in their countries.

  8. Functional High Performance Financial IT

    DEFF Research Database (Denmark)

    Berthold, Jost; Filinski, Andrzej; Henglein, Fritz

    2011-01-01

    The world of finance faces the computational performance challenge of massively expanding data volumes, extreme response time requirements, and compute-intensive complex (risk) analyses. Simultaneously, new international regulatory rules require considerably more transparency and external...... auditability of financial institutions, including their software systems. To top it off, increased product variety and customisation necessitates shorter software development cycles and higher development productivity. In this paper, we report about HIPERFIT, a recently etablished strategic research center...... at the University of Copenhagen that attacks this triple challenge of increased performance, transparency and productivity in the financial sector by a novel integration of financial mathematics, domain-specific language technology, parallel functional programming, and emerging massively parallel hardware. HIPERFIT...

  9. Leaf allocation patterns and 13C and 15N natural abundances of tropical lianas (Passiflora sp.) as dependent on external climbing support.

    Science.gov (United States)

    Werth, Martin; Spiegel, Ann-Kathrin; Kazda, Marian

    2013-01-01

    The transformation from self-supporting lianas to host-supported climbing lianas is related to re-allocation of biomass and nutrients among plant organs. Therefore, first, variations in leaf mass per area (LMA), leaf carbon and nitrogen allocation and (13)C and (15)N natural abundances were analysed among three tropical Passiflora species (P. edulis, P. ligularis, and P. tripartita) in a greenhouse study. Second, the influence of a climbing support was considered for each species and parameter. P. ligularis leaves were most enriched in (13)C in both treatments when compared with the other two species. This enrichment was caused by a high LMA, which is related to a high internal resistance to CO(2) diffusion. For P. edulis and P. tripartita, δ(13)C was additionally increasing with nitrogen content per area. Generally, there were no differences when considering carbon and nitrogen allocation to leaves of host-supported and self-supporting lianas. The only hints towards increased investment into leaves after the transition from self-supporting to host-supported stages could be seen by a trend to increased leaf areas and masses. δ(13)C values of supported P. edulis or P. tripartita plants were significantly increasing faster than those of non-supported plants once the interactions of leaf mass or nitrogen content per area were accounted for. Hence, the offer of a climbing support had only a minor impact on δ(13)C or δ(15)N values in vitro, but this could be different with increasing age of lianas in vivo.

  10. FINANCIAL LEASING

    OpenAIRE

    2014-01-01

    This essay deals with the several financial resources an enterprise counts on to purchase assets of the kind real state or chattels. A resource that does not risk solvency is the lease, through the retro-leasing variant that allows to obtain working capital by selling one of its fixed assets without giving its use up. El ensayo, trata sobre las fuentes de fondeo que tiene la empresa para adquirir un activo mueble o inmueble son diversas, una de ellas que no compromete la liquidez es el con...

  11. External Otitis (Swimmer's Ear)

    Science.gov (United States)

    ... to Pneumococcal Vaccine Additional Content Medical News External Otitis (Swimmer's Ear) By Bradley W. Kesser, MD, Associate ... the Outer Ear Ear Blockages Ear Tumors External Otitis (Swimmer's Ear) Malignant External Otitis Perichondritis External otitis ...

  12. 农村社会养老保险的政府财政支持能力分析%Analysis on Government' s Capacity of Financial Support for Rural Endowment Insurance

    Institute of Scientific and Technical Information of China (English)

    曹信邦; 刘晴晴

    2011-01-01

    2009年9月国务院决定在全国10%的县试点新型农村社会养老保险制度,政府财政对制度采取补贴支持以体现其责任,但政府财政负担能力如何衡量一直被学界和政府所关注.本文运用数理模型和SPSS等分析工具,基于农村社会养老保险现收现付制模式、农民养老金目标替代率为50%等假设前提下,对未来30年我国农村社会养老保险制度政府财政支持能力进行分析,得出以下几个结论:一是不同地区农民缴费负担能力有差别,不同地区的政府财政对农民参保的支持能力有差别;二是不同农民年人均纯收入在不同的增长率条件下政府财政完全有能力维系该制度的财务收支平衡,保证农民养老金能满足基本生存需要.提出政府应该加大对农村社会养老保险财政支持力度,加大对中西部地区农村社会养老保险中央政府财政支持的力度,加大“入口”补贴标准提高农民参保的意愿,取消农村养老保险固定缴费制,实行比例缴费制等政策建议.%In September, 2009, the State Council made a decision to authorize the pilot implementation of the New Rural Endowment Insurance in the 10% counties of the whole nation, to show the government responsibility with the some fiscal subsidies for it But how to measure the governmental financial support capacity which has been concerned by the academic circle and our authority. This paper takes the advantage of mathematical model and SPSS software to analyze China' s financial support capacity for the new rural endowment insurance in the following 30 years, based on the assumptions of a pay-as-you-go system as the rural endowment insurance' s model choice and the pension replacement ratios as 50%. As a result, the paper draws the following conclusions: Firstly, fanners from different districts own different paying capacity; similarly, different districts' financial support capacity for the farmers to

  13. OCDMA PON supporting ONU inter-networking based on gain-switched Fabry-Pérot lasers with external dual-wavelength injection.

    Science.gov (United States)

    Liu, Jie; Zeng, Duoduo; Guo, Changjian; Xu, Lei; He, Sailing

    2010-10-25

    We propose and demonstrate an OCDMA-PON scheme with optical network unit (ONU) internetworking capability, which utilizes low-cost gain-switched Fabry-Pérot (GS-FP) lasers with external dual-wavelength injection as the pulse sources on the ONU side. The injection-generated optical pulses in two wavelengths from the same GS-FP laser are used separately for the PON uplink transmission and ONU internetworking. Experimental results based on a two-user OCDMA system confirm the feasibility of the proposed scheme. With OCDMA technologies, separate ONU-internetworking groups can be established using different optical codes. We also give experiment results to analyze the performance of the ONU-ONU transmission at different power of interference signals when two ONU-internetworking groups are present in the OCDMA-PON.

  14. Exploratory Case Research on Financial Support System Innovation of College Students'Entrepreneurship%大学生创业金融支持体系创新的探索性案例研究

    Institute of Scientific and Technical Information of China (English)

    张英杰

    2016-01-01

    在大学生不同的创业阶段构建与金融生态系统相互融合的创业金融支持体系,已成为决定大学生创业成功的关键。针对当前大学生不同创业阶段的融资需求状况,以赛博(杭州)创业工场为研究对象,采用问卷调查法与访谈法,通过分析大学生创业金融支持体系建设现状,从营造大学生创业创新需求的金融环境、创新大学生创业贷款管理模式、简化反担保手续、探索建立大学生创业“贷款险”等方面,提出了优化大学生创业金融支持体系的对策建议。%It is the key to the success of college students'entrepreneurship to construct the entrepreneurial financial support system which is integrated with the financial ecosystem in different stages of the venture .According to the financing needs in different stages of students'entrepreneurship ,it takes Cyber entrepreneurship workshop as the research object .It uses the questionnaire and interview method ,based on the analysis of the construction of the support system for the college students'entrepreneurship ,and puts forward a variety of countermeasures ,such as creating a financial environment for college students'entrepreneurship ,innovative management model for start‐up loans of college student ,improve the sim‐plicity of counter guarantee procedure ,etc .

  15. 76 FR 82041 - Open Meeting of the President's Advisory Council on Financial Capability

    Science.gov (United States)

    2011-12-29

    ... hold a challenge to the private sector to create applications for mobile devices that promote financial... Student Assessment financial literacy assessment, and identify funding to support this implementation....

  16. Reconfiguring the Financial Markets

    Directory of Open Access Journals (Sweden)

    Ion Bucur

    2009-12-01

    Full Text Available The debut of the new millennium is marked by the increased economic and social imbalances. An important task of economic science is to identify the causes and factors that contributed to the radical transformation of the unfolding conditions of economic activity. The existence of different perspectives to approach the new realities may offer greater opportunities for decrypting the conditions that generated so far unknown developments, as well as for shaping solutions to promote new paths of progress and civilization. The defining with profound implications on the economy and society is represented by the globalization. From this perspective, we have analysed the new dimensions of capital accumulation and economic growth in the context of deregulation and liberalization of the international capital movements. In this context, we have noticed the increasing influence of the financial markets on the economy, the tendency to remove the finances from the real economy requirements, the growing role of external financing using more volatile capital goods, increased competition regarding the access to financing, the significant increase of power of the international capital markets whose characteristic is represented by the increased instability, the implications of the investors’ obsession with an excessive profitableness of their own funds and the expansion of using sophisticated financial products. Realities of today’s financial markets, which are the subject of numerous studies and analysis, have contributed to the association of the arguments that are contesting the thesis on the virtues of self-regulation markets and promoting a new paradigm, within which finances should subordinate the requirements of a balanced and sustained economic growth.

  17. Reaserch on the Correlation of China’s Real Estate Bubbles and Financial Support%我国房地产泡沫与金融支持的相关性研究

    Institute of Scientific and Technical Information of China (English)

    卫彦琦

    2014-01-01

    在我国资本市场改革发展进程中,房地产泡沫日益显现,通过构建衡量我国房地产金融支持过度的评价指标,建立向量误差修正模型,对房地产泡沫与金融支持进行了实证分析,并围绕如何防范房地产泡沫提出了风险预警指标和加强内部监控等建议。%In promoting China's capital market reform process, the real estate market from the depth and breadth have been unprecedented development, In recent years, with the rapid rise in house prices, the real estate bubble becomes increasingly obvious. This article by building measure China's real estate financial support over-evalua-tion, the establishment of the vector error correction model, an empirical analysis of the real estate bubble and fi-nancial support, and finally around to put forward concrete suggestions on how to guard against the real estate bub-ble.

  18. Regulatory Competition in Global Financial Markets

    DEFF Research Database (Denmark)

    Ringe, Georg

    2016-01-01

    Regulatory arbitrage in financial markets refers to a number of strategies that market participants use to avoid the reach of regulation, in particular by virtue of moving trading abroad or relocating activities or operations of financial institutions to other jurisdictions. Where this happens...... institutions' excessive risk-taking. If such risk-taking would be judged by market discipline instead of posing a risk to global financial stability, the main downside of regulatory competition could be restrained. Within the boundaries of such a system, competition could then operate and contribute...... their standards solely to attract business and thereby impose externalities on the worldwide financial market by undermining financial stability as a global public good. Policymakers worldwide are experimenting with remedies to respond to the phenomenon. I introduce the importance of an effective special...

  19. Arbitrage and Competition in Global Financial Regulation

    DEFF Research Database (Denmark)

    Ringe, Wolf-Georg

    Regulatory arbitrage in financial markets refers to a number of strategies that market participants use to avoid the reach of regulation, in particular by virtue of shifting trading abroad or else relocating activities or operations of financial institutions to other jurisdictions. Where...... institutions’ excessive risk-taking. If such risk-taking would be judged by market discipline instead of posing a risk to global financial stability, the main downside of regulatory competition could be restrained. Within the boundaries of such a system, competition could then operate and contribute...... their standards solely to attract businesses and thereby impose externalities on the worldwide financial market by undermining financial stability as a global public good. Policymakers worldwide are experimenting with remedies to respond to the phenomenon. I introduce the importance of an effective special...

  20. INFLATION AND FINANCIAL DEVELOPMENT: EVIDENCE

    Directory of Open Access Journals (Sweden)

    Emmanuel Nii Abbey

    2012-01-01

    Full Text Available The study examined the impact of inflation on financial development in Ghana using quarterly time series data (1990-2008. It was in line with the empirical works that provided support for the proposition that inflation affects financial development negatively. While price stability has been emphasized in the literature to be the best antidote in addressing the problem, recent evidence of disagreements on its definition and the ways to achieving it, coupled with, threshold effects between the two variables have questioned the precise link between the two variables and their acclaimed antidote. The study therefore made use of the Cointegration Approach the Granger Causality testing procedure suggested and the Conditional Least Squares technique to address these issues for the case of Ghana. The study established several statistically significant and economically meaningful relationships between the two variables. Pair-wise correlation analysis established a negative association between the two variables. In contrast, conflicting results were produced with regression analysis: the relationship between the two variables in the short run was established to be positive, while no relationship at all was established in the long run. Furthermore, a unidirectional causal link was established to be running from inflation to financial development; when the ratio of private sector credit to GDP and the market capitalization ratio were used as indicators for financial development. Lastly, threshold effects were observed in the inflation-financial development relation for inflation rates between 11-16% per annum. The study thus recommended the definition of price stability for inflation rates between 11-16% in support of financial development in Ghana. Additionally, it was recommended that the country should promote financial sector policies in a more holistic approach, as financial development does not granger cause inflation or inflationary pressures.

  1. Consumer Financial Protection Bureau

    Science.gov (United States)

    ... more. Find answers to common questions Reach your financial goals For the big financial decisions in your life, we offer free tools ... 2016 Events Field hearing on consumer access to financial records in Salt Lake City, Utah NOV 03, ...

  2. Financial Assistance Information

    Science.gov (United States)

    ... Other Sites: Genetic and Rare Diseases Information Center Financial Assistance Information The National Institutes of Health (NIH) ... area call 900-638-0742. Top of page Financial Aid for Medical Treatments Information on financial aid ...

  3. Financial Literacy and Financial Planning in France.

    OpenAIRE

    Luc Arrondel; Majdi Debbich; Frédérique Savignac

    2013-01-01

    How are people financially literate in France? We address this question using the PATER survey and following the Lusardi and Mitchell (2011c) approach. We find that some subpopulations are less financially literate than others: women, young and old people as well as less-educated people are more likely to face difficulties when dealing with fundamental financial concepts such as risk diversification, inflation and interest compounding. We also find some differences in financial knowledge depe...

  4. Financial Village Standing in Indonesian Financial System

    Directory of Open Access Journals (Sweden)

    Herry Purnomo

    2015-12-01

    Full Text Available Financial resources of the village that are sourced from a country or a Regional Finance Financial based Law Number 6 Year 2014 of The Village is the mandate of the law that must be allocated to the village. The interconnectedness of the financial position of the village in the financial system of the country or Region concerned the Financial administrative and territorial relations, and there is no setting directly regarding the finances of the village as part of the financial system of the country or the financial area. In respect of the elements of the crime of corruption deeds against financial irregularities of the village there are still disagreements on the interpretation of the law in trapping the perpetrators of corruption on the village chief that implies not satisfy the principle of legality and legal certainty in the ruling of the matter of financial irregularities. In fact, many of the village chief or Councilor caught the criminal offence of corruption over the use of financial irregularities. This research analyzes How the financial position of the village in the financial system of the country or region, as well as whether the financial resources of the village is derived from the state budget or region budget managed in village budget belongs to the category of village finances and whether tort against the financial management of the village can be categorized as a criminal act corruption. How To Cite: Purnomo, H. (2015. Financial Village Standing in Indonesian Financial System. Rechtsidee, 2(2, 121-140. doi:http://dx.doi.org/10.21070/jihr.v2i2.81

  5. 76 FR 56499 - Financial Access Activities; Comment Request.

    Science.gov (United States)

    2011-09-13

    ... in the Department's library, Room 1428, Main Treasury Building, 1500 Pennsylvania Avenue, NW... collaborations be supported to expand or improve their financial access efforts? How could meaningful innovations... done to promote innovation within the development of sustainable financial services and...

  6. Financial Well-being in Active Ageing.

    Science.gov (United States)

    Rajola, Federico; Frigerio, Chiara; Parrichi, Monica

    2014-01-01

    In developed countries, economic and financial well-being is playing a crucial positive role in ageing and inclusion processes. Due to the complexity and pervasiveness of financial economy in the real life, more and more social as well as individual well-being are perceived as influenced by financial conditions. On the other hand, the demographic circumstances drive scholars as well as politicians to reflect on ageing dynamics. Bridging the two domains, the following research focuses on the role of the financial well-being as a mediating role of general well-being in elder people. The assumption is that elderly people have specific financial needs that sometimes are not covered by financial providers' offers. The motivation is mainly on the role of information asymmetries between elder consumers and financial institutions. On the dynamics of these asymmetries, the research will specifically investigate the role of financial literacy, as the ability of comprehension of elder people of their needs and of financial information. The applicative implication of this research work consists in finding the determinants of financial well-being for elders and the definition of their specific financial competencies, in order to 1) identify educational and regulatory guidelines for policy makers in charge of creating financial market transparency conditions, and to 2) support design of organizational mechanisms as well as financial product/services for this specific target of client. The following chapter presents preliminary explorative results of a survey delivered on 200 elder individuals (65-80 yrs.) leaving in Milan. Findings show that active elders consider the ability of managing personal wealth as one of the core determinant of well-being, although the economic and financial literacy is limited. Furthermore, the chapter proposes a research agenda for scholars interested in exploring the relationship between financial well-being and ageing.

  7. Financial Stress Indices and Financial Crises

    NARCIS (Netherlands)

    Vermeulen, Robert; Hoeberichts, Marco; Vasicek, Borek; Zigraiova, Diana; Smidkova, Katerina; de Haan, Jakob

    2015-01-01

    This paper develops a Financial Stress Index (FSI) for 28 OECD countries and examines its relationship to crises using a novel database for financial crises. A stress index measures the current state of stress in the financial system and summarizes it in a single statistic. Our results suggest that

  8. Study of Financial Support Policies for Early Childhood Education to Vulnerable Groups in America%美国早期教育弱势资助政策研究

    Institute of Scientific and Technical Information of China (English)

    刘小强; 王德清

    2012-01-01

    Early childhood education for the children from vulnerable groups has high individual and social benefit. It is also the foundation of social justice to provide financial support to them as a means of compensation. Most of American early childhood education financial support programs fit into national strategies and social security plans, and they are also guaranteed by relevant laws. Which on the one hand reflect the thoughts of systematic management, on the other hand, only the mandatory power of law can guarantee its implementation and avoid the intervention from advantage groups. Most of the funds directly go to low income families, early childhood education agencies as well as recruiting and training high quality teachers. And the main support targets are children from low income families, children with special needs and from minority groups.%弱势儿童接受高质量的早期教育具有较高的个人和社会收益。同时,对弱势儿童早期教育进行补偿性资助是实现社会公平正义的起点。出于系统管理的考虑和为了避免资助政策在利益集团之争中流产,美国对弱势儿童早期教育的资助项目大都纳入国家战略规划和社会保障体系并以法律的强制形式确保其得以实施。其实施途径主要是资助家庭、幼托机构以及招募和培训教师。资助对象主要针对低收入家庭儿童、特殊儿童和少数民族儿童。

  9. STRATEGIC SIMULATION SOLUTIONS TO THE FINANCIAL AND ECONOMIC SUPPORT OF THE INDUSTRIAL CORPORATIONS OF THE MILITARY-INDUSTRIAL COMPLEX (MIC RUSSIA

    Directory of Open Access Journals (Sweden)

    K. B. Dobrova

    2010-01-01

    Full Text Available Vital integration management matters of resource logistical support to industrial corporations of Russian defense industry are discussed. Various types of financing and optimization management models are offered.

  10. Implementation of Financial Sustainability in Organizations through Valuation of Financial Leverage Effect in Russian Practice of Financial Management

    Science.gov (United States)

    Ashmarina, Svetlana I.; Zotova, Anna S.; Smolina, Ekaterina S.

    2016-01-01

    The article considers the need of ensuring the sustainable development of organizations in the unstable external environment; financial sustainability which is understood as the optimal structure of funding sources of a business entity is proved to be the most significant factor of sustainable development. The article proves that the index of…

  11. Automated cardiopulmonary resuscitation using a load-distributing band external cardiac support device for in-hospital cardiac arrest: a single centre experience of AutoPulse-CPR.

    Science.gov (United States)

    Spiro, J R; White, S; Quinn, N; Gubran, C J; Ludman, P F; Townend, J N; Doshi, S N

    2015-02-01

    Poor quality cardiopulmonary resuscitation (CPR) predicts adverse outcome. During invasive cardiac procedures automated-CPR (A-CPR) may help maintain effective resuscitation. The use of A-CPR following in-hospital cardiac arrest (IHCA) remains poorly described. Firstly, we aimed to assess the efficiency of healthcare staff using A-CPR in a cardiac arrest scenario at baseline, following re-training and over time (Scenario-based training). Secondly, we studied our clinical experience of A-CPR at our institution over a 2-year period, with particular emphasis on the details of invasive cardiac procedures performed, problems encountered, resuscitation rates and in-hospital outcome (AutoPulse-CPR Registry). Scenario-based training: Forty healthcare professionals were assessed. At baseline, time-to-position device was slow (mean 59 (±24) s (range 15-96s)), with the majority (57%) unable to mode-switch. Following re-training time-to-position reduced (28 (±9) s, pCPR Registry: 285 patients suffered IHCA, 25 received A-CPR. Survival to hospital discharge following conventional CPR was 28/260 (11%) and 7/25 (28%) following A-CPR. A-CPR supported invasive procedures in 9 patients, 2 of whom had A-CPR dependant circulation during transfer to the catheter lab. A-CPR may provide excellent haemodynamic support and facilitate simultaneous invasive cardiac procedures. A significant learning curve exists when integrating A-CPR into clinical practice. Further studies are required to better define the role and effectiveness of A-CPR following IHCA. Copyright © 2014 Elsevier Ireland Ltd. All rights reserved.

  12. Enhancing Links between Research and Practice to Improve Consumer Financial Education and Well-Being

    Science.gov (United States)

    Hensley, Billy J.

    2015-01-01

    A recent meta-analysis of the effect of financial literacy and financial education on downstream financial behaviors has shown a weak collective impact of the work of financial education. While the findings are not stellar, they do not support a dismantling of financial education programs and funding. This paper examines the findings of the…

  13. Financial Support in Military Hospital Carrying out Overseas Rescue Action%谈军队医院遂行境外救援行动的财务保障

    Institute of Scientific and Technical Information of China (English)

    马彦宁; 王林

    2014-01-01

    境外医疗救援行动日益成为我军境外非战争军事行动的重要内容,这给军队医院遂行境外条件下非战争军事行动的财务保障提出新课题,也给各级财务人员带来挑战。准确把握其特点规律,并探索相应对策,对于完成境外医疗救援行动财务保障任务有重要的现实意义。%Overseas medical rescue operations are increasingly becoming the important content of our over -seas military operations other than war , which proposed new tasks to the financial support in military hospitals .It also brought challenges to financial personnel at all levels .Grasping the characteristics accurately and exploring the countermeasures have very important practical significance .

  14. Financial Literacy and Financial Planning in France

    Directory of Open Access Journals (Sweden)

    Luc Arrondel

    2013-07-01

    Full Text Available We study financial literacy in France using the PATER survey and following the Lusardi and Mitchell (2011c approach. We find that some subpopulations are less financially literate than others: women, young and old people as well as less-educated people are more likely to face difficulties when dealing with fundamental financial concepts such as risk diversification and inflation and interest compounding. We also find some differences in financial knowledge depending on the political opinion of the respondents. Finally we show that these differences in financial knowledge are correlated with differences in the propensity to plan: people who score higher on the financial literacy questions are more likely to be engaged in the preparation of a clearly defined financial plan.

  15. Problems of formation of the financial resources of small businesses

    Directory of Open Access Journals (Sweden)

    Gorbunova Irina Ivanovna

    2014-05-01

    Full Text Available Article is devoted problems of formation of financial resources of small enterprises. In article kinds and sources of financing of small enterprises are analysed, the estimation of influence of external and internal factors on formation of financial resources of small enterprises is given.

  16. Study on the Financial Support for Silk -Road Economic Belt:A Case of Shannxi Province%金融支持“丝绸之路经济带”建设研究--以陕西省为例

    Institute of Scientific and Technical Information of China (English)

    孙经会

    2016-01-01

    The development of regional economy with the core of finance is the key to "Silk -Road Eco-nomic Belt"construction.It is necessary to find the focus and breakthrough point of financial planning in pro-moting the implementation of Silk -Road Economic Belt strategy.Based on the deep analysis of economic de-velopment foundation along the "Silk -Road Economic Belt",the paper clarifies the opportunities and advan-tages of Shaanxi and fully explores Shaanxi financial support path to "Silk -Road Economic Belt "construc-tion,especially in fields of integration of industry and finance,trade transactions,urbanization construction,in-frastructure construction and financial innovation,working hard for Shaanxi to be financial center of "Silk -Road Economic Belt"and thus achieving cooperation and economic prosperity along the Silk Road countries ultimately.%建设“丝绸之路经济带”的关键是发展区域经济,而金融是经济的核心。要推动国家丝路战略的实施,须找准金融谋划的着力点和突破点。为此,基于“丝绸之路经济带”沿线经济发展基础,厘清了陕西的机遇与优势,全面探究了陕西金融业支持“丝绸之路经济带”建设的路径,重点聚焦产融结合、贸易交易、城镇化建设、设施建设、金融创新等方面内容,力争将陕西建成“丝绸之路经济带”的金融中心,并实现丝路沿线国家及区域的合作发展和经济繁荣。

  17. Financial planning on a comprehensive scale.

    Science.gov (United States)

    Mishra, Simita

    2013-04-01

    Hospitals and health systems that wish to explore the shift to comprehensive care management should: Assess the investments in infrastructure necessary to support comprehensive care management, Gauge the financial implications and set quality and financial goals, Monitor performance using metrics such as patient satisfaction, avoidable admissions, out-of-group referrals, and average length of stay.

  18. Construction and Empirical Analysis of the Model of Financial Support for the Development of High-tech Industry in China%我国金融支持高新技术产业发展模型的构建及实证分析

    Institute of Scientific and Technical Information of China (English)

    谢沛善

    2013-01-01

    Association and causation between financial support and the development of high-tech industry are rich in policy implications. In this paper,the author optimized core indicators reflecting financial scale, financial structure and financial efficiency,then screened and determined metrics reflecting competitiveness of high-tech industry,built the correlation model of financial support and high-tech industries development, investigated and analyzed co-relationship of financial scale growth,financial structure optimization,financial efficiency of industrial development in China. Co-integration results show that there is a long-term positive correlation between financial scale,financial structure,financial efficiency and industrial development. Further Granger causality test indicates that financial scale and financial efficiency play an important role on promoting high-tech industry development.%金融支持与高新技术产业发展的关联性及因果关系蕴含着丰富的政策意义。本文优化选取反映金融规模、金融结构、金融效率的核心指标,筛选确定高新技术产业发展的衡量指标,构建金融支持高新技术产业发展的关联度模型,考察分析中国金融规模成长、金融结构优化与金融效率提升与高新技术产业发展的相互关系。协整分析结果表明,金融规模、金融结构、金融效率与高新技术产业发展之间具有长期的正向相关关系。进一步Granger因果关系检验则表明,金融规模和金融效率指标对于高新技术产业发展有着重要推动作用。

  19. Diversification at Financial Institutions and Systemic Crises

    NARCIS (Netherlands)

    Wagner, W.B.

    2006-01-01

    We show that the diversification of risks at financial institutions has unwelcome effects by increasing the likelihood of systems crises.As a result, complete diversification is not warranted adn the optimal degree of diversification is arbitrarily low.We also identify externalities that cause

  20. Central bank independence and financial instability

    NARCIS (Netherlands)

    Klomp, J.G.; de Haan, J.

    2009-01-01

    It has been argued that central bank independence (CBI) may not only be beneficial for reaching the objective of price stability, but also for maintaining financial stability. Greater independence from external pressure implies that central banks are less politically constrained in acting to prevent

  1. Diversification at Financial Institutions and Systemic Crises

    NARCIS (Netherlands)

    Wagner, W.B.

    2006-01-01

    We show that the diversification of risks at financial institutions has unwelcome effects by increasing the likelihood of systems crises.As a result, complete diversification is not warranted adn the optimal degree of diversification is arbitrarily low.We also identify externalities that cause finan

  2. Diversification at Financial Institutions and Systemic Crises

    NARCIS (Netherlands)

    Wagner, W.B.

    2006-01-01

    We show that the diversification of risks at financial institutions has unwelcome effects by increasing the likelihood of systems crises.As a result, complete diversification is not warranted adn the optimal degree of diversification is arbitrarily low.We also identify externalities that cause finan

  3. Financial Dislocations among Divorcing Families.

    Science.gov (United States)

    Little, Marilyn J.

    Extensive economic changes may be brought about by divorce. In an attempt to demonstrate that the degree of financial dislocation following divorce depends on three factors--custody arrangements, wife's employment, and social class--data on men's and women's employment, income, and support payments were gathered for 222 divorcing families. Total…

  4. Financial Sector Assessment : Malaysia

    OpenAIRE

    World Bank

    2013-01-01

    Malaysia, as many of its Asian neighbors, experienced significant macro/financial distress in the late 1990s. The transformed and strengthened financial sector has been able to weather the recent global financial crisis well. Financial market intermediaries reliance on cross-border and interbank funding remains limited. Banking institutions are well capitalized and are expected to be able...

  5. Consumer Financial Protection Bureau

    Science.gov (United States)

    ... Money as You Grow Navigating the Military Financial Lifecycle Owning a Home Paying for College Planning for Retirement Browse answers to hundreds of financial questions. Ask CFPB Have an issue with a financial product? Submit a complaint Get your financial well-being ...

  6. Financial Risk Management

    OpenAIRE

    Catalin-Florinel Stanescu; Laurentiu Mircea Simion

    2011-01-01

    Concerns about the financial risk is increasing. In this climate, companies of all types and sizes want a robust framework for financial risk management to meet compliance requirements, contribute to better decision making and increase performance. Financial risk management professionals working with financial institutions and other corporate clients to achieve these objectives.

  7. Financial Support of Military Hospitals in Military Operations other than War%非战争军事行动中军队医院财务保障措施

    Institute of Scientific and Technical Information of China (English)

    熊训英

    2012-01-01

    本文依据非战争军事行动对医院财务保障提出的要求,针对当前非战争军事行动中财务保障存在的不足,提出了统筹资源、完善预案、建立机制、保障效益,加大基础建设五个方面的改进措施.%According to the characteristics and defects of financial support in military operation other than war, the author put forward the improving measures, which included planning the resources as a whole, perfecting preplan, establishing mechanism, ensuring effectiveness, increasing the infrastructure construction.

  8. DASHBOARD USABILITY IN FINANCIAL MODELING

    Directory of Open Access Journals (Sweden)

    Ivan Stríček

    2015-09-01

    Full Text Available This article is focused on the possibility of utilizing dashboard applications in financial modeling. In the era of easy access to the spreadsheet generator, as well as applications and the Internet, it is appropriate to use these tools in each area. The increasing amount of data and the need for daily monitoring and evaluation lead to the development of management applications with graphical data analysis known as “Dashboards.” The manager has the option to buy the app with a predefined environment, or create his own version—specific to the company. If only a simpler design is needed, without an online base and a connection with external databases, then it is possible to create such a simple dashboard using Excel and manage it by trained personnel. In the article, we, therefore, introduced a sample of financial indicator suitable for analysis through the application process and also showed how to create the basic interactive application.

  9. A dedicated fund supports technological innovation

    CERN Multimedia

    Katarina Anthony

    2010-01-01

    The Knowledge and Technology Transfer (KTT) Group is calling on CERN Departments to take their technology out of the confines of the laboratory and make it ready for dissemination. For the first time, projects can apply for financial support from the newly established KTT Fund.   Scientific inquiry can lead to unexpected developments for society when researchers apply their expertise for public use. CERN actively encourages this transfer of knowledge and technology and, for the first time, has created a dedicated fund to provide financial support to projects aiming at disseminating their technologies to external audiences. CERN’s technology transfer schemes were formalised in the recent Policy on the Management of Intellectual Property in Technology Transfer, approved in March. Revenues generated by commercial exploitation will be distributed between the members of the team that developed the technology, their Department, and the KTT Fund for reinvestment in further KTT projects. &qu...

  10. Benefit Goal Oriented Information Public System of Public Financial Support for Scientific Research Project%效益目标导向的公共财政支持科研项目信息公开机制探析

    Institute of Scientific and Technical Information of China (English)

    商兰芳

    2013-01-01

      公共财政的公益性特征与资源配置职能决定了其支出不仅要满足社会公共需要与公众公共利益,而且应当符合社会净效益最大化的原则。因此建立在公共财政支持基础上的科研项目理应将效益作为其逻辑起点与目标追求。文章针对当前公共财政支持科研项目的现实起点,指出信息公开是联结两个起点的有效实践通道,并根据当前科研项目的现状,提出构建效益指向的科研项目信息公开机制的对策建议。%Characteristics of public welfare and public finance resource allocation function determines its spending not only to meet the social public needs and the public interest, and shall conform to the principles of net social benefit maximization. Therefore based on public financial support of scientific research project would benefit as the logical starting point and objective pursuit. This article in view of the current public financial support research projects the reality of the starting point, points out that the information is connecting two starting point the effective practice of the channel, and according to the current situation of scientific research project, and puts forward constructing benefit pointing in the direction of the scientific research project of information disclosure mechanism countermeasures.

  11. An index of financial safety of China

    Directory of Open Access Journals (Sweden)

    Xiaojun Jia

    2015-04-01

    Full Text Available Purpose: This paper combines a synthetic index system by the variables and evaluates China’s financial safety through the change of indexes in a comprehensive way. First of all, it builds the financial industry evaluation index system composed of 25indicators in terms of the operation of the financial industry and external economic environment and particularly takes into consideration factors which might trigger liquidity risks such as off-balance-sheet business, interbank business and shadow banking; then it selects 10 indicators to conduct empirical analysis and identifies the indicator weight through principal component analysis; finally it combines the financial safety indexes through the linear weighted comprehensive evaluation model.Design/methodology/approach: Synthesis of indexes is made by constructing a proper comprehensive evaluation mathematical model, integrating a number of evaluation indexes into one comprehensive evaluation index and then obtaining corresponding comprehensive evaluation results. In this paper, it selects 10 indexes to conduct empirical analysis and identifies the index weight through principal component analysis; finally it combines the financial safety indexes through the linear weighted comprehensive evaluation model. Principal component analysis (PCA is a statistical procedure that uses an orthogonal transformation to convert a set of observations of possibly correlated variables into a set of values of linearly uncorrelated variables called principal components. PCA was invented in 1901 and was later independently developed (and named by Harold Hotelling in the 1930s.Findings: From 2003 to 2013 China’s financial safety indexes fluctuated. From 2003 to 2007 indexes rose, which indicates China’s financial safety status gradually improved; from 2007 to 2009 indexes declined, which indicates due to the impact of subprime crisis, China’s financial safety status took a turn for the worse; from 2009 to 2012

  12. Essays on financial liberalization

    OpenAIRE

    Bumann, Silke

    2015-01-01

    This thesis investigates the effect of financial liberalization on economic growth, income inequality and financial instability. Chapter 1 describes aim and scope of the thesis. Chapter 2 provides a meta-analysis of the literature on financial liberalization and economic growth. It is found that financial liberalization has a positive, albeit weak effect on growth. Chapter 3 presents a theoretical model to study the relationship between financial liberalization and income inequality. The mode...

  13. Index of Financial Inclusion

    OpenAIRE

    Mandira Sarma

    2008-01-01

    The promotion of an inclusive financial system is considered a policy priority in many countries. While the importance of financial inclusion is widely recognized, the literature lacks a comprehensive measure that can be used to measure the extent of financial inclusion across economies. This paper attempts to fill this gap by proposing an index of financial inclusion (IFI). The IFI is a multi-dimensional index that captures information on various dimensions of financial inclusion in one sing...

  14. The External Degree.

    Science.gov (United States)

    Houle, Cyril O.

    This book examines the external degree in relation to the extremes of attitudes, myths, and data. Emphasis is placed on the emergence of the American external degree, foreign external-degree programs, the purpose of the external degree, the current scene, institutional issues, and problems of general policy. (MJM)

  15. Financial planning

    OpenAIRE

    Χατζηγώγου, Αρτεμις Π.

    2003-01-01

    Σκοπός της μελέτης αυτής, είναι η συγκέντρωση όλων των στοιχείων εκείνων που συνθέτουν μια οργανωμένη διαδικασία έρευνας, που είναι γνωστή ως Financial Planning. Θα μπορούσαμε εναλλακτικά να πούμε, ότι βασικά ο χρηματοοικονομικός σχεδιασμός προγραμματίζει, εξευρίσκει και χρησιμοποιεί τα κεφάλαια με τέτοιο τρόπο ώστε η συνεισφορά τους να είναι μεγαλύτερη στην αποτελεσματική λειτουργία της οικονομικής μονάδας. Παρέχει τις γνώσεις των χρηματιστικών αγορών από όπου αντλούνται τα κεφάλαια. Οδηγεί ...

  16. Forecasting of enterprise’s financial indicators as the basis for financial stability formation

    Directory of Open Access Journals (Sweden)

    D.Е. Ponomariv

    2016-05-01

    Full Text Available The issue of company’s financial sustainability ensuring in modern business conditions is very important for enterprises of any size. This article is dedicated to the research of forecasting tools and their role for the formation of company’s stable financial development in Ukrainian realities. The functions and methods of forecasting, the main stages of the research and analysis of predictive values are considered. The recommendations for the financial indicator forecasting development are presented. These forecasts enable modern Ukrainian companies to provide their financial situation ahead. They also allow companies to develop an action plan according to each potential situation in the future and analyze the occurrence of possible threats from both external economic environment and internal environment of the company. The advanced analysis and forecast of the financial condition allow to minimize the impact of adverse factors, and in some cases result in avoiding them generally.

  17. Financial analysis as a financial management instrument

    Directory of Open Access Journals (Sweden)

    Stehlíková Beáta

    2001-12-01

    Full Text Available The financial market is one of the elements of the market-oriented economy. The financial analysis is a fundamental element of the financial controlling business. The purpose of this article is to inform briefly about horizontal and vertical financial statements analysis as the source of competitive advantage of the firm. The article is divided into two parts. First describes financial analysis and financial statements generally. Second, it presents a practical contribution of the horizontal and vertical financial statements analysis at the controlled businesses as financial management tools, which identify the financial position, market behaviour, correlations between the net profit and the prohibitively cost and operating profit, the financial activities profit, the income tax etc.Business, which the analysed firm operates in asks a provable claim on the high value of fixed assets. The capital composition of the firm is call to typify for the state-owned enterprise that was transformed to private joint-stock companies. Analysis is specially pleading for the needs considering the price of the borrowed capital in the capital structure rating. Fault factor ø value talks about needs for the cost regulation. Stair-step conception used for counting of the net profit in the accountant period indicates the financial profit, alternatively loss, as the distinguished pre-tax profit element. Picture about firm’s financial results can be completed with the information about the income tax value. Form of financial analyses presented in the article entablature the accents on the necessity to compare several accounting period and on the necessity of complex understanding of statements accounting slide “en bloc”.Financial analyse makes the decision makers possible to screen potential partners before the cooperation starts. On the other side, it makes a possibility to influence the production process, sales and financial management during the accounting

  18. Financial Ratios and Perceived Household Financial Satisfaction

    Directory of Open Access Journals (Sweden)

    Scott Garrett

    2013-08-01

    Full Text Available This paper tests the relative strength of three objective measures of financial health (using the solvency, liquidity, and investment asset ratio in predicting a household’s subjective feeling of current financial satisfaction. Using a sample of 6,923 respondents in the 2008 Health and Retirement Study this paper presents evidence of two main findings: 1 the solvency ratio is most strongly associated with financial satisfaction levels based on a cross-sectional design and 2 changes in the investment asset ratio are most strongly associated with changes in financial satisfaction over time.

  19. Financial Globalization, Financial Crises and Contagion

    OpenAIRE

    Vincenzo Quadrini; Enrique G. Mendoza

    2010-01-01

    Two observations suggest that financial globalization played an important role in the recent financial crisis. First, more than half of the rise in net borrowing of the U.S. nonfinancial sectors since the mid 1980s has been financed by foreign lending. Second, the collapse of the U.S. housing and mortgage-backed-securities markets had worldwide effects on financial institutions and asset markets. Using an open-economy model where financial intermediaries play a central role, we show that fina...

  20. China’s Entrance to the WTO and Financial Reform

    Directory of Open Access Journals (Sweden)

    Ki-Soon Park

    2000-09-01

    Full Text Available The openness and liberalization of China’s financial market is expected to accelerate with her entrance to the WTO. China plans to carry out liberalization measures, including the expansion of the Renminbi business scope. Openness and liberalization will expedite the integration of internal and external sectors, thereby making the domestic financial market more vulnerable to environmental changes. Consequently, China should establish a strong financial system to efficiently cope with the contagion effects of an external financial crisis. However, China’s financial system is still very weak, mainly due to the enormous bad loans to SOEs (state-owned enterprises. Accordingly, the Chinese government should carry out financial reform measures such as strengthening the financial supervision system, dealing with bad bank loans and restructuring the financial institutions. On the whole, China’s entrance to the WTO is expected to have a positive influence on her financial sector by accelerating such reform policies as financial reform and SOE reform. Entrance to the WTO will make society recognize the necessity of reform and openness. The Chinese government can decide to push some difficult reform policies which would not have been considered without WTO entrance.

  1. Financial Literacy: Evidence and Perceptions in a Credit Cooperative

    Directory of Open Access Journals (Sweden)

    Marcos Roberto Kühl

    2016-08-01

    Full Text Available This study aims to assess the perception of employees in a Credit Cooperative in what it refers to the importance of financial literacy of its cooperative members, taking into consideration the existing standards in the OECD and the Central Bank of Brazil that deal with the good practice of financial education, in order to verify the importance of financial education of its cooperative members is relevant from the perception of the cooperative's employees. The research is a descriptive study, with data collection through structured questionnaire and data analysis with the use of quantitative methods. The final sample was composed of 87 valid questionnaires, accounting for 68.5% of the population surveyed. The survey type field research was conducted in the second half of 2014. Four constructs from 19 study variables was identified by Exploratory Factor Analysis, called: financial knowledge; risk reduction; financial practice; external visibility, empirically demonstrating the relevance of financial education in a financially driven institution. Considering the average of the four constructs, and most of the variables that make up, it is possible to realize that financial literacy is an issue within the institution from the perception of employees, followed by external visibility. The main contribution of this study was to seek empirical evidence on the importance of financial literacy on the principles and recommendations on good practice of financial education.

  2. The Effect of Business Environment and Entrepreneurs’ Gender on Perception of Financial Risk in The Smes Sector

    Directory of Open Access Journals (Sweden)

    Kozubíková Ludmila

    2017-03-01

    Full Text Available Small and medium-sized enterprises (SMEs are crucial, and not only for the Czech economy. Their sustainable growth is important for the economy of most European countries. Because of this, the issues surrounding their financing, government support and public perception are widely discussed. The problems connected with external financing of SMEs are closely related to effective management of financial risk, which can minimize competition, create better financial structure and increase the firm’s competitiveness. Our results of the questionnaire survey in the Czech Republic in 2015 were obtained using Structural Equation Modelling (SEM and revealed a factor which the male sample believed to be an important influence on the perception of financial risk is a bank’s approach to business. This factor is significantly influenced by knowledge, rules and principles including the knowledge of banks’ credit conditions, their transparency and the ability of entrepreneurs to manage financial risks. In the female sample, state and public perception showed to be much more important in the perception of financial risk. Male entrepreneurs mitigate financial risks through a bank’s assistance whereas female entrepreneurs emphasize the role of society.

  3. The Financial Reporting Environment: the role of the media, regulators and auditors

    NARCIS (Netherlands)

    M. Koning (Miriam)

    2014-01-01

    markdownabstract__Abstract__ Financial reporting is the process of disclosing financial information about a company to external users. This dissertation investigates three different parties involved in the environment of financial reporting: the media, regulators and auditors. The media, or more s

  4. The Financial Reporting Environment: the role of the media, regulators and auditors

    NARCIS (Netherlands)

    M. Koning (Miriam)

    2014-01-01

    markdownabstract__Abstract__ Financial reporting is the process of disclosing financial information about a company to external users. This dissertation investigates three different parties involved in the environment of financial reporting: the media, regulators and auditors. The media, or more s

  5. 对金融支持喀什特区建设的探析%On Financial Support for the Construction of Kashi Special Economic Zone

    Institute of Scientific and Technical Information of China (English)

    瓮文俊

    2011-01-01

    中央新疆工作座谈会确定设立喀什经济特区的战略决策,使喀什的发展跃升为国家战略,经济特区的强大吸引力、国家的巨大支持、周边国家的广阔市场,对实现喀什地区跨越发展、造福各族人民,意义重大。未来的五到十年将是喀什发展的关键时期.本文对金融业如何支持喀什特区进行了探讨,并提出建议。%The strategic decision of establishing Kashi into an economical special zone brought the development of kashi to tile level of national strategy. Economical special zone will enjoy attractive policy preferences, strong support from the central government, and potential big markets of neighboring countries. It will be of great significance to achieve leap-frog development and benefit the people in Kashi. The next 5 to 10 years is the key period to the development of Kashi. The paper analyses that what role the finance should play to support kashi economical special areas, and proposes relevant suggestions.

  6. 7 CFR 25.606 - Financial management and records.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 1 2010-01-01 2010-01-01 false Financial management and records. 25.606 Section 25... COMMUNITIES Round II and Round IIS Grants § 25.606 Financial management and records. (a) In complying with the... retained in electronic form. (b) Grantees must retain financial records, supporting documents, statistical...

  7. 7 CFR 277.11 - Financial reporting requirements.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 4 2010-01-01 2010-01-01 false Financial reporting requirements. 277.11 Section 277... OF STATE AGENCIES § 277.11 Financial reporting requirements. (a) General. This section prescribes... termination of Federal financial support. Requests from State agencies for extension of reporting due...

  8. Assessment of financial stability as a management tool of financial safety of dairy processors

    OpenAIRE

    Ya.I. Mulyk

    2015-01-01

    The analysis of the literature on the characteristics of the category "financial stability" and defined system of indicators for evaluation, referred to in the writings of scholars. In the analysis it was found ambiguity opinions of scientists on the definition of the categories and highlights the main approaches to the interpretation of the essence of the concept of "financial stability". The model and methods of accounting and analytical support assessment of financial stability as a compon...

  9. Practical C++ financial programming

    CERN Document Server

    Oliveira, Carlos

    2015-01-01

    Practical C++ Financial Programming is a hands-on book for programmers wanting to apply C++ to programming problems in the financial industry. The book explains those aspects of the language that are more frequently used in writing financial software, including the STL, templates, and various numerical libraries. The book also describes many of the important problems in financial engineering that are part of the day-to-day work of financial programmers in large investment banks and hedge funds. The author has extensive experience in the New York City financial industry that is now distilled in

  10. Application of Robust Support Vector Regression in Financial Time Sequence Prediction%鲁棒SVR在金融时间序列预测中的应用

    Institute of Scientific and Technical Information of China (English)

    王快妮; 钟萍; 赵耀红

    2011-01-01

    Aiming at the problem that standard Support Vector Machine(SVM) is sensitive to noise and outliers, by setting the upper bound of loss caused by noise and outliers, this paper presents a robust Support Vector Regression(SVR) based on asymmetric ramp loss function. The concave-convex procedure is employed to transform the associated non-convex optimization problem into a convex one. A Newton method is introduced to solve the robust model. Numerical experiments on the closing price of Hong Kong's Hang Seng index and Shanghai Stock index show that the model can reduce the noise and the influence of the abnormal values to a certain extent, increase the prediction accuracy and reduce risk of falling to avoid risk.%针对标准支持向量机对噪声和异常值比较敏感的问题,通过限定噪声和异常值的损失上界,提出一种基于不对称Ramp损失函数的鲁棒支持向量回归机模型,应用凹凸过程将其由非凸优化问题转化为凸优化问题并利用牛顿法进行求解.对上证指数和香港恒生指数收盘价的预测结果表明,该模型能在一定程度上抑制噪声和异常值的影响,从而提高预测精度及减少下跌风险,达到规避风险的目的.

  11. Regulating multiple externalities

    DEFF Research Database (Denmark)

    Waldo, Staffan; Jensen, Frank; Nielsen, Max

    2016-01-01

    Open access is a well-known externality problem in fisheries causing excess capacity and overfishing. Due to global warming, externality problems from CO2 emissions have gained increased interest. With two externality problems, a first-best optimum can be achieved by using two regulatory instrume......Open access is a well-known externality problem in fisheries causing excess capacity and overfishing. Due to global warming, externality problems from CO2 emissions have gained increased interest. With two externality problems, a first-best optimum can be achieved by using two regulatory...

  12. Financial Literacy, Confidence and Financial Advice Seeking

    NARCIS (Netherlands)

    Kramer, Marc M.

    2016-01-01

    We find that people with higher confidence in their own financial literacy are less likely to seek financial advice, but no relation between objective measures of literacy and advice seeking. The negative association between confidence and advice seeking is more pronounced among wealthy households.

  13. Managing External and Internal Support Requirements

    Science.gov (United States)

    2016-03-14

    stantly must mentally separate the BSB’s brigade combat team (BCT) sustainment requirements from inter- nal BSB logistics requirements. BSBs that fail...and their executive officers (XOs) must then work with the battalion S–4 to coor- dinate movement of additional unit equipment. They must also work ...plained to my team that the proper way to use the HETs for internal transportation requirements was for me or my troop XO to submit a request to the

  14. The central financial support food production results, problems and Suggestions%中央财政支持粮食生产的成效、问题和建议

    Institute of Scientific and Technical Information of China (English)

    罗安国

    2014-01-01

    在中央财政的强力支持下,我国粮食生产取得了“十一连增”,但仍然面临着许多问题,中央财政只有进一步健全粮食增产财政保障机制,在调动农民和地方政府积极性、完善粮食市场调控机制的同时,大力支持高标准农田建设和农业科技进步,促进农业和粮食生产方式的根本转变,才能推动粮食综合生产能力建设不断迈上新台阶。%in the central government under the strong support of grain production in our country has got a "ten" in a row, but is still faced with many problems, the central government only to further improve the financial security mechanism, grain yields in arouse the enthusiasm of farmers and local government, perfecting the mechanism of grain market regulation at the same time, vigorously supporting the construction of high standard farmland and agricultural science and technology progress, fundamental changes to the way of promoting agriculture and food production, and to promote the construction of overall grain production capacity to a new level.

  15. ExternE National Implementation Finland

    Energy Technology Data Exchange (ETDEWEB)

    Pingoud, K.; Maelkki, H.; Wihersaari, M.; Pirilae, P. [VTT Energy, Espoo (Finland); Hongisto, M. [Imatran Voima Oy, Vantaa (Finland); Siitonen, S. [Ekono Energy Ltd, Espoo (Finland); Johansson, M. [Finnish Environment Institute, Helsinki (Finland)

    1999-07-01

    ExternE National Implementation is a continuation of the ExternE Project, funded in part by the European Commission's Joule III Programme. This study is the result of the ExternE National Implementation Project for Finland. Three fuel cycles were selected for the Finnish study: coal, peat and wood-derived biomass, which together are responsible for about 40% of total electricity generation in Finland and about 75% of the non-nuclear fuel based generation. The estimated external costs or damages were dominated by the global warming (GW) impacts in the coal and peat fuel cycles, but knowledge of the true GW impacts is still uncertain. From among other impacts that were valued in monetary terms the human health damages due to airborne emissions dominated in all the three fuel cycles. Monetary valuation for ecosystem impacts is not possible using the ExternE methodology at present. The Meri-Pori power station representing the coal fuel cycle is one of the world's cleanest and most efficient coal-fired power plants with a condensing turbine. The coal is imported mainly from Poland. The estimated health damages were about 4 mECU/kWh, crop damages an order of magnitude lower and damages caused to building materials two orders of magnitude lower. The power stations of the peat and biomass fuel cycles are of CHP type, generating electricity and heat for the district heating systems of two cities. Their fuels are of domestic origin. The estimated health damages allocated to electricity generation were about 5 and 6 mECU/kWh, respectively. The estimates were case-specific and thus an generalisation of the results to the whole electricity generation in Finland is unrealistic. Despite the uncertainties and limitations of the methodology, it is a promising tool in the comparison of similar kinds of fuel cycles, new power plants and pollution abatement technologies and different plant locations with each other. (orig.)

  16. Financial Policies of Turkish Industrial Companies during the Global Crisis

    Directory of Open Access Journals (Sweden)

    Cenk Gokce Adas

    2016-01-01

    Full Text Available Latest global financial crisis that shrank the credit market affected the companies’ financial policies since the credit contraction led the firms to rely more on their own resources rather than external financing. The expectation during such crises is more equity issues along with less borrowing. In economic literature there are some evidence supporting this fact for developed countries. As an emerging country Turkey’s case is different than that of advanced countries. The era commenced with Lehman turmoil by passed Turkish economy in the first years due to the solid, strong and healthy banking sector due to the measurements taken after 2001 banking crisis of Turkey. Therefore, international lenders did not hesitate directing their funds to Turkish banks. As a result, Turkish companies did not suffer in financing their investments through bank loans. Moreover, the growth policy of Turkey based on current account deficit supported Turkish economy and in turn the firms due to the abundance of liquidity after the peak of the crisis. In this work we examined 164 industrial firms that are traded on Borsa Istanbul to see if there happened to be a shift in their financing preferences during the recent global crisis. We found that the importance of borrowing had not decreased and that contradicts the expectations. As of equity issues, before and after 2009 no radical change has been observed. In 2009 where the crisis hit worst Turkish economy leading a 4.7% GDP decrease, the equity issues were doubled.

  17. CMS Financial Reports

    Data.gov (United States)

    U.S. Department of Health & Human Services — This section contains the annual CMS financial statements as required under the Chief Financial Officers (CFO) Act of 1990 (P.L. 101-576). The CFO Act marked a major...

  18. Halter Financial Summit

    Institute of Scientific and Technical Information of China (English)

    2010-01-01

    <正>The prolonged financial crisis brought about profound changes in international political and economic patterns. With a focus on China’s place in the post-crisis world situation, the Halter Financial Summit,

  19. Financial Integrity Benchmarks

    Data.gov (United States)

    City of Jackson, Mississippi — This data compiles standard financial integrity benchmarks that allow the City to measure its financial standing. It measure the City's debt ratio and bond ratings....

  20. Domesticizing Financial Economies

    DEFF Research Database (Denmark)

    Deville, Joe; Lazarus, Jeanne; Luzzi, Mariana

    of research. We use the term “domesticizing financial economies” to collect what we think are four key trajectories. First: “the financialization of the domestic”: certainly debt and finance are more than 5000 years old, but new type of agents and technologies – such as online payday lending, mobile money......, payment cards – characterize the financial ecologies people around the world face. Second; “the domestizisation of finance”: financial technologies do not only financialize the domestic, they are continuously domesticized as many recent studies on ordinary accounting, earmarking, informal circuits of debt...... show. Third, the “domestication of financial economies”: financial literacy programs developed by governmental bodies, international organizations, and banks have become a ubiquitous layer attached to the assemblage of financial economies in many countries. And last but not least, “domesticizing social...

  1. CMS Financial Reports

    Data.gov (United States)

    U.S. Department of Health & Human Services — This section contains the annual CMS financial statements as required under the Chief Financial Officers (CFO) Act of 1990 (P.L. 101-576). The CFO Act marked a major...

  2. Financial Education Program Evaluation

    Directory of Open Access Journals (Sweden)

    Diana Burk

    2014-02-01

    Full Text Available This study illustrates the process of program evaluation using a logic model. Guided by the Transtheoretical Model of Change and a logic model, this study evaluated the effectiveness of a Retirement and Savings Seminar by measuring participant (n = 54 satisfaction, financial knowledge, financial confidence, and financial behavior change compared to a similar group of 134 non-participants. Participants were very satisfied with the seminar. Their financial knowledge and confidence scores significantly increased from pretest to posttest. Financial knowledge and confidence scores improved more than the comparison group while controlling for group differences in age, income, and pretest scores. Two months later, participants were more likely than the comparison group to have adopted positive financial behaviors as measured by the Financial Preparedness for Retirement Scale. Financial educators can use this study as a model for planning, conducting, and evaluating their programs.

  3. Favorable Financial Turf

    Institute of Scientific and Technical Information of China (English)

    2006-01-01

    Tianjin's Binhai New Area lures the financial industry with preferential treatment If you were thinking about doing financial business in Shanghai, Hong Kong or Beijing, think again. Early in June this year, the State Council approved the establishment of a financial experimental zone for Tianjin's Binhai New Area, which will get preferential treatment that other cities can hardly expect to attain. While for a time the area's administration had to actively court financial institu-

  4. Risk in financial reporting

    OpenAIRE

    Tsatsaronis, Kostas; Claudio E. V. Borio

    2015-01-01

    Advances in risk measurement technology have reshaped financial markets and the functioning of the financial system. More recently, they have been reshaping the prudential framework. Looking forward, they have the potential to reshape financial reporting too. Recent initiatives to improve financial reporting standards have brought to the fore significant differences in perspective between accounting standard setters and prudential authorities. Building on previous work, we argue that risk mea...

  5. ASH External Web Portal (External Portal) -

    Data.gov (United States)

    Department of Transportation — The ASH External Web Portal is a web-based portal that provides single sign-on functionality, making the web portal a single location from which to be authenticated...

  6. Housing Wealth, Financial Wealth and Consumption in China

    Institute of Scientific and Technical Information of China (English)

    Jie Chen; Feng Guo; Aiyong Zhu

    2009-01-01

    The paper investigates the relationship between changes in asset wealth and the trend movements of household consumption in urban China. Using the vector error correction cointegration model,we demonstrate that there is a unique long-run cointegrating relationship between household consumption, disposable income, financial wealth and housing wealth in urban China. We find that housing wealth is the only factor that restores the long-ran equilibrium relationship when the cointegrated system is disturbed by an external shock. In addition, our permanent-transitory variance decomposition analysis indicates that nearly all variance in the movement of consumption is permanent, supporting the classical random walk hypothesis of consumption behavior. However, a large proportion of variance in the short-ran movements of housing wealth is found to be transitory.

  7. Korea : Financial Sector Assessment

    OpenAIRE

    World Bank; International Monetary Fund

    2003-01-01

    Since the financial crisis in 1997-98, Korea has made major progress in financial, and corporate sector reform - the supervisory and regulatory regime for the financial sector has been substantially strengthened, and recent reforms helped achieve a high degree of observance of international standards, and codes. Moreover, significant consolidation in the banking system took place, with ban...

  8. Essays on financial liberalization

    NARCIS (Netherlands)

    Bumann, Silke

    2015-01-01

    This thesis investigates the effect of financial liberalization on economic growth, income inequality and financial instability. Chapter 1 describes aim and scope of the thesis. Chapter 2 provides a meta-analysis of the literature on financial liberalization and economic growth. It is found that fin

  9. Invest in Financial Literacy

    Science.gov (United States)

    Bush, Sarah B.; McGatha, Maggie B.; Bay-Williams, Jennifer M.

    2012-01-01

    The current state of the economy elevates the need to build awareness of financial markets and personal finance among the nation's young people through implementing a financial literacy curriculum in schools. A limited amount of time spent on financial literacy can have a positive effect on students' budgeting skills. This knowledge will only add…

  10. Financial Advice: Who Pays

    Science.gov (United States)

    Finke, Michael S.; Huston, Sandra J.; Winchester, Danielle D.

    2011-01-01

    Using a cost-benefit framework for financial planning services and proprietary data collected in the summer of 2008, the client characteristics that are associated with the likelihood of paying for professional financial advice, as well as the type of financial services purchased, are identified. Results indicate that respondents who pay for…

  11. Essays on financial liberalization

    NARCIS (Netherlands)

    Bumann, Silke

    2015-01-01

    This thesis investigates the effect of financial liberalization on economic growth, income inequality and financial instability. Chapter 1 describes aim and scope of the thesis. Chapter 2 provides a meta-analysis of the literature on financial liberalization and economic growth. It is found that

  12. Professional Skills in International Financial Surveillance

    DEFF Research Database (Denmark)

    Seabrooke, Leonard; Nilsson, Emelie Rebecca

    2015-01-01

    In 2006, the International Monetary Fund's (IMF) Financial Sector Assessment Program (FSAP) lauded Iceland's capacity to “withstand extreme, but plausible, shocks,” which was clearly an error in judgment. After the international financial crisis hit, IMF officials bemoaned the lack of professional...... market skills in FSAP teams. Importing these skills was difficult given IMF staff freezes, but postcrisis FSAP continued with heightened legitimacy inside and outside the IMF. This article provides an assessment of FSAP teams, focusing on the hiring of external experts and their professional skills. We...... are a consequence of demands for professional insulation, institutional legitimation, and a view of professionalism as transnational organizational competence....

  13. Effects of Shading and External Mechanical Supporting on Morphological Plasticity of Climbing Plant Momordica Charantia%攀援植物苦瓜对遮阴和外界支持物的形态可塑性反应

    Institute of Scientific and Technical Information of China (English)

    陶建平; 钟章成

    2001-01-01

    Through the method of shading and providing external mec hanical support,the growth dynamics and morphological characters of herbaceous c limbing plant Momordica charantia were studied .The results showed :(1)the g rowth of Momordica charantia had significant difference under different shad ing treatments,the poor light conditions decreased the chance for plants to incr ease modular numbers and accumulate biomass;(2)the plant formed few shoots ,thin laminas ,long and thin petioles and slender stems in poor light conditions ,and in thes e light conditions ,the plants showed stronger morphological plasticity than in rich light conditions;(3)the plant had stronger morphological plasticity in earl y growth period than in later growth period ;(4) the absence of external mechani cal support had little effect on plant growth when climbing plant grew in rich l ight conditions.%通过人为遮阴和人为提供外界支持物的方法,对草本攀援植物苦瓜的生长动态以及形态特征进行了研究,结果表明:(1)不同遮阴处理下苦瓜植株的生长有较大的差异,弱光照不利于苦瓜构件数量的增加和生物量的积累;(2)植株在弱光下形成较少的分枝、较薄的叶片,以及较细长的主茎和叶柄,表现比强光生长环境下更强的形态可塑性;(3)植株在生长早期较生长晚期有较大的形态可塑性;(4)在光资源充足的情况下,外界支持物的缺乏不会对苦瓜的生长造成太大的影响.

  14. A Study of Financial Support System for the Weak Section Students in India%印度弱势群体学生教育资助体系探析及启示

    Institute of Scientific and Technical Information of China (English)

    杨洪

    2016-01-01

    Nearly one third of Indian population lives below poverty line, but the poorest are the sched⁃uled casts and the scheduled tribes which occupies one fourth of the whole population. GDP of India is just one fifth of that of China, but the Indian government has made a series of financial support programs to help the poor students from the scheduled casts and the scheduled tribes to be educated and enter good educational institutions and have opportunities and abilities to share the achievements of the social economical develop⁃ment. The Indian financial support system can be some helpful to the universal education, sharing quality edu⁃cation resources and upgrading of social status of the disadvantaged groups of students in China.%印度生活在贫困线下的人口约占全国总人口的1/3,而占全国人口1/4的表列种姓与表列部落是其中最贫困、最落后的群体。尽管印度GDP只有我国的1/5,但为提高弱势群体学生的受教育水平,印度联邦和地方政府制定了弱势群体学生奖助学金、弱势群体学生助学贷款、弱势群体学生公寓与寄宿学校等资助计划,使他们上得起学、上好学,有机会、有能力分享社会经济发展的成果。印度弱势群体学生资助计划对我国弱势群体的教育普及、优质教育资源的获得、社会地位的提升等方面都有一定的启示意义。

  15. Narrative Financial Therapy: Integrating a Financial Planning Approach with Therapeutic Theory

    Directory of Open Access Journals (Sweden)

    Megan A. McCoy

    2014-03-01

    Full Text Available The article serves as one of the first attempts to develop an integrated theoretical approach to financial therapy that can be used by practitioners from multiple disciplines. The presented approach integrates the components of the six-step financial planning process with components of empirically-supported therapeutic methods. This integration provides the foundation for a manualized approach to financial therapy, shaped by the writings of narrative theorists and select cognitive-behavioral interventions that can be used both by mental health and financial professionals.

  16. Local government financial autonomy in Nigeria: The State Joint Local Government Account

    Directory of Open Access Journals (Sweden)

    Jude Okafor

    2010-07-01

    Full Text Available This paper addresses the statutory financial relations and financial autonomy of local government in Nigeria, and the freedom of local government to generate revenue from its assigned sources without external interference. It focuses particularly on a financial instrument called the State Joint Local Government Account (SJLGA and how its operations have positively or negatively affected the financial autonomy of local government councils and the inter-relations between state and local government in Nigeria.

  17. Financial system development progress in Western Balkans

    Directory of Open Access Journals (Sweden)

    Emira Kozarević

    2017-06-01

    Full Text Available Financial system supports economic growth, while its regulatory framework provides stability for investors. Develo-ping countries with bank-oriented financial systems are not attractive to investors, so prolonged status quo leads to economic deterioration. This is particularly the case with some of the most underdeveloped areas in Europe: Western Balkans. It is essential the developing countries in this region consider steps towards financial liberalization, which will help open the borders for capital flows and attract new investments. The main goal of this paper is to review and present the available information related to the banking system development in Western Balkans in terms of ownership structure, capital adequacy, loan and asset performance, return on investment and liquidity. These indicators should provide a clearer picture of the current financial systems in Western Balkans economies and their development progress – useful for comparison with other developing regions and financial transformation and liberalization efforts.

  18. 加强上下联动贴近实际调研努力为央行履职和地方发展提供智力支撑--对基层央行金融研究工作的思考%Strengthen Linkage and Close to Actual Survey to Provide Intellectual Support for the Central Bank to Duties Performance and Local Development--Thinking on the Central Bank's Financial Research Work

    Institute of Scientific and Technical Information of China (English)

    齐贵权

    2015-01-01

    目前,我国经济金融环境正在发生着巨大的变化,金融研究工作面临新形势、新机遇和新挑战。面对复杂多变的内外部形势,全省人民银行系统研究专业人员要正确认识新常态、主动适应经济发展新常态,进一步增强使命感、责任感和紧迫感,明确工作责任,落实工作任务,以开拓创新精神扎实推动各项工作向前发展。加强上下联动,贴近实际调研,努力为央行履职和地方发展提供智力支撑。%In 2015, China's economic and financial environment is undergoing tremendous changes, the financial research work is facing new situation, new opportunities and new challenges. These changes and challenges are closely related to our research work. In the face of such a complex and ever-changing internal and external situation, the province's system of the people's Bank of research professionals to a correct understanding of the new normal, take the initiative to adapt to the economic development of the new normal, and further enhance the sense of mission and sense of responsibility and sense of urgency, clear job responsibilities, implement the tasks, in order to open up a new spirit of push the work forward. To strengthen the linkage, close to the actual research, to provide intellectual support for the central bank to perform their duties and local development.

  19. Sources of Financial Sociability

    DEFF Research Database (Denmark)

    Thompson, Grahame

    2011-01-01

    This article investigates the sources of sociability in modern financial systems as a prelude to assessing the prospects for financial regulation. Three sources are identified: sociality dependent upon contract, upon relational interdependency, and upon the operation of will and passion. Each...... of the article which is to explore further the nature of ‘irrationality’ as manifest in financial crises. When the contours of both these aspects of financial calculation have been elaborated, the article moves on to consider how they might shape regulatory responses to the seeming inevitability of financial...

  20. Financial information processing

    Institute of Scientific and Technical Information of China (English)

    Shuo BAI; Shouyang WANG; Lean YU; Aoying ZHOU

    2009-01-01

    @@ The rapid growth in financial data volume has made financial information processing more and more difficult due to the increase in complexity, which has forced businesses and academics alike to turn to sophisticated information processing technologies for better solutions. A typical feature is that high-performance computers and advanced computational techniques play ever-increasingly important roles for business and industries to have competitive advantages. Accordingly, financial information processing has emerged as a new cross-disciplinary field integrating computer science, mathematics, financial economics, intelligent techniques, and computer simulations to make different decisions based on processed financial information.

  1. FINANCIAL INSTABILITY IN ROMANIA

    Directory of Open Access Journals (Sweden)

    Cristian, IONESCU

    2014-11-01

    Full Text Available The aim of this paper is to empirically study the concept of financial stability in Romania, from both a monetary policy perspective and a financial perspective. In this paper, I also compute an aggregate index of financial stability, for the period 2008-2013, explaining the correlations between several extremely important macroeconomic and sectorial variables and financial stability. The article also debates the aspect of policy instruments that aim to promote, highlighting the undertaken measures and also giving some measures recommendations, pointing out the main pillars: crises management; cross-sectoral challenges; banking sector; securities markets and capital markets; insurance sector; pensions sector; access to financial services.

  2. COMPANY ACTIVITY FINANCIAL RISK

    Directory of Open Access Journals (Sweden)

    Caruntu Genu Alexandru

    2012-12-01

    Full Text Available In economic and financial activity, risk is an inherent financial decisions, encountered in daily agenda of managers of companies. Unexpected changes in the price of a product development not only affect the financial results of a company, but can cause even bankruptcy. In fact, the nature of financial decisions involve uncertainty. Financial decisions are made based on cash flows under future contracts, which are par excellence incerte.Activitatea an enterprise that holds any weight in the industry is subject to risks, since it can not predict with certainty different components of its outcome (cost, quantity, price and operating cycle (purchase, processing, sales.

  3. Financial Lessons Learned

    Institute of Scientific and Technical Information of China (English)

    2010-01-01

    @@ As the Wall Street chaos of 2008 swept the globe,China-with little exposure to subprime mortgages-was one of the only calm ports in the growing financial storm.Ifone lesson can be learned from the crisis,it is this: maintain a constant state of financial vigilance against risks even in boom times.China now faces the task of ensuring its financial health as it further opens to the world amid a global financial landscape reshaped by deep recessions.Economists and finance professors discussed these challenges at the Asia-Pacific Economic and Financial Forum recently held in Beijing.Edited excerpts follow:

  4. Financial Lessons Learned

    Institute of Scientific and Technical Information of China (English)

    2010-01-01

    As the Wall Street chaos of 2008 swept the globe,China-with little exposure to subprime mortgages-was one of the only calm ports in the growing financial storm.If one lesson can be learned from the crisis,it is this: maintain a constant state of financial vigilance against risks even in boom times.China now faces the task of ensuring its financial health as it further opens to the world amid a global financial landscape reshaped by deep recessions.Economists and finance professors discussed these challenges at the Asia-Pacific Economic and Financial Forum recently held in Beijing.Edited excerpts follow

  5. THE FINANCIAL ANALYSIS OF THE PETROLEUM COMPANIES IN ROMANIA

    Directory of Open Access Journals (Sweden)

    Adi Eleonor G. TRIFU

    2014-04-01

    Full Text Available With the trigger of the Financial Crisis of the 2008, many companies in Romania and across the world had realized that the economic environment became very unstable. In order the compete in a turbulent external environment the managers of companies must know first the stability of the internal environment of the company. The analysis of the financial health is one the most important analysis because reveals the financial problems that the company have or will have in the near future. This paper is a comparison between the potential financial health of the petroleum and gas companies that have economic activities in Romania. The analysis is made in order to show the impact that had the Financial Crisis upon the Romanian Energy Industry. The results can be used by the managers of the energy companies or other industries in order to identify the financial problems of the companies.

  6. Presenting practice financial information.

    Science.gov (United States)

    Webster, Lee Ann H

    2007-01-01

    Medical practice leadership teams, often consisting primarily of physicians with limited financial backgrounds, must make important business decisions and continuously monitor practice operations. In order to competently perform this duty, they need financial reports that are relevant and easy to understand. This article explores financial reporting and decision-making in a physician practice. It discusses reports and tools, such as ratios, graphs, and comparisons, that practices typically include in their reports. Because profitability and cash flow are often the most important financial considerations for physician practices, reports should generally focus on the impact of various activities and potential decisions upon these concerns. This article also provides communication tips for both those presenting practice financial information and those making the decisions. By communicating effectively, these leaders can best use financial information to improve decision-making and maximize financial performance.

  7. Interactive Financial Charts- Agency Financial Reports

    Data.gov (United States)

    General Services Administration — For a visual depiction of GSA's Balance Sheet and Statement of Net Cost, please use the interactive charts to view the financial results for fiscal years 2007-2013.

  8. Beijing: Next International Financial Hub?

    Institute of Scientific and Technical Information of China (English)

    Li Zhen

    2008-01-01

    @@ Beijing's new financial dream On May 5,the Beijing Municipal Government released a notice regarding its plans to spur the financial industry,vowing to put forth a strong effort to become the national financial decision-making center,financial management center and financial information and services center,and formally announcing its ambitious aspiration to become a financial hub with international influence.

  9. On Independence and Financial Support of Think Tanks:the Case of Germany%智库的独立性与资金支持--以德国为例

    Institute of Scientific and Technical Information of China (English)

    多丽丝·菲舍尔

    2014-01-01

    The Three types of German think tanks, which are academic think tank, advocacy think tank and political party think tank, represent and illustrate their respective relevance with national innovation systems, private interest and political interest. Based on a German perspective, the author reckons that the lesson China think tanks could learn is to strengthen the independence of think tanks and increase financial support to academic think tank to lessen fund competition between different types of think tank.%本文以德国的学术型智库、拥护型智库和政党智库为考察对象,分别阐述了智库与国家创新体系、个人利益和政党之间的密切联系。德国智库可供对中国智库借鉴的是增强智库的独立性并加大对学术型智库的财政支持,以减少不同类型智库间的资金竞争。

  10. Ragusan merchants and the Crusades in the Late Middle Ages. Financial support for the war and bequests pro anima... “ad pasagium turchorum seu saracenorum, et alliud super patarenos Bosnie”

    Directory of Open Access Journals (Sweden)

    Romano, Daniela

    2008-12-01

    Full Text Available Ragusan wills of 13th and 14th centuries reveal peculiar and unsuspected aspects about armed pilgrimages by proxy in the Balkans. The struggle against infedeles and heretics propagandized by the Roman Church finds financial support and full agreement in Dubrovnik citizens, also thanks to the Franciscan and Dominican preaching. Nobles, merchants, clerics and priests, craftsmen, men and women, they are all ready to take part in the Just war. Anyway they would fight only on the condition of leaving a sum of money to those who would fight for their souls’ salvation.

    I testamenti ragusei del XIII e XIV secolo rivelano aspetti particolari e per nulla indagati sul pellegrinaggio armato per procura in area balcanica. La lotta agli infedeles e agli eretici messa in atto dalla Chiesa di Roma trova sostegno economico e piena adesione nei cittadini di Dubrovnik, città-stato baluardo della cristianità più a levante, anche grazie alla campagna pubblicistica attuata da francescani e domenicani. Nobili, mercanti, chierici e preti, artigiani, uomini e donne partecipano alla giusta guerra, prevedendo lasciti per uomini che combatteranno per la salvezza delle anime dei testatori.

  11. Accounting & Analytical Data in the Context of Company's Financial Strategy

    OpenAIRE

    Tetyana Bochulya

    2013-01-01

    The Article overviews the role of accounting and analytical support in choosing the company's financial strategy. An attempt has been made to introduce accounting and analytical support as a set of interrelated technical & technological, organizational and managerial structures in their informational meaning that is adjusted for the development (selection) of financial strategy and its effective implementation. Scientific approaches to financial strategy concept understanding have been consid...

  12. Financial Development and Investment-Cash Flow Sensitivity

    Directory of Open Access Journals (Sweden)

    Jungwon Suh

    2007-06-01

    Full Text Available Using firm-level data from thirty-five countries around the world, this paper empirically examines whether investment-cash flow sensitivity reflects financial constraints. Recent US studies have raised questions on the prediction that investment-cash flow sensitivity is a measure of financial constraints. Looking at thirty-five countries with varying degrees of financial development, this study tests whether investment-cash flow sensitivity is in fact related to financial constraints. In most countries, the evidence supporting the argument that firms likely facing financially constraints display high investment-cash flow sensitivity is weak. Moreover, the evidence that firms in the absence of developed financial markets display high investment-cash flow sensitivity is also weak. Overall, the results from this international investigation do not support the prediction that investment-cash flow sensitivity reflects financial constraints.

  13. Trade Finance and Trade Collapse during the Global Financial Crisis: Evidence from the Republic of Korea

    Directory of Open Access Journals (Sweden)

    E. Young Song

    2014-12-01

    Full Text Available This study examines the role of trade finance in the trade collapse of 2008-09 from the perspective of the Korean economy. We use two approaches. Firstly, as background to a more formal analysis, we make a casual observation on the behavior of aggregate data on trade finance, on which Korea has relatively abundant data. Aggregate data do not convincingly support the view that trade finance played an active role in causing the trade collapse. The measures of trade finance and the value of trade both dropped sharply, but the ratio of trade finance over trade was stable and in some cases increased during the crisis period. Secondly, using quarterly data on listed firms in Korea, we conduct panel estimations to test whether firms that are more dependent on external finance experienced greater export contraction during the crisis. Our regression analysis suggests that the financial vulnerability of firms, measured by various financial ratios, did not contribute to export contraction during the financial crisis. This observation largely applies even to smaller firms, who are usually thought of as being more vulnerable financially. However, we find that small exporters that relied heavily on cross-border trade payables or receivables suffered larger drops in export growth during the crisis.

  14. Financial incentives and weight control.

    Science.gov (United States)

    Jeffery, Robert W

    2012-11-01

    This paper reviews research studies evaluating the use of financial incentives to promote weight control conducted between 1972 and 2010. It provides an overview of behavioral theories pertaining to incentives and describes empirical studies evaluating specific aspects of incentives. Research on financial incentives and weight control has a history spanning more than 30 years. Early studies were guided by operant learning concepts from Psychology, while more recent studies have relied on economic theory. Both theoretical orientations argue that providing financial rewards for losing weight should motivate people to engage in behaviors that produce weight loss. Empirical research has strongly supported this idea. However, results vary widely due to differences in incentive size and schedule, as well as contextual factors. Thus, many important questions about the use of incentives have not yet been clearly answered. Weight-maintenance studies using financial incentives are particularly sparse, so that their long-term efficacy and thus, value in addressing the public health problem of obesity is unclear. Major obstacles to sustained applications of incentive in weight control are funding sources and acceptance by those who might benefit.

  15. Coping with Financial Crises: Latin American Answers to European Questions

    Directory of Open Access Journals (Sweden)

    Eduardo A.Cavallo

    2013-06-01

    Full Text Available Europe faces challenges reminiscent of Latin American financial crises, namely unsustainable sovereign spreads, banking system distress, sudden stops in capital flows and growth rate collapse. The failure of recent liquidity support to normalize the situation suggests the need to refocus the policy debate on fundamentals: structural reform for growth and, where needed, restructuring to resolve banking crises and the debt overhang.  Latin America’s experience yields relevant policy lessons for Europe on all these fronts, tempered only by the slight exception that sharp real devaluation, which was key to spearheading recovery in Latin America, is unfeasible in the eurozone. Struggling eurozone countries are caught between a rock and a hard place, as the currency union imposes strict policy constraints while the reintroduction of national currencies under conditions of crisis would be catastrophic. Nevertheless, contemporary Europe stands a better chance of recovery because, in contrast with the Latin America experience, the European Union possesses greater avenues for international cooperation. With respect to financial support, a resourceful European Central Bank able to avoid chaotic adjustment by brute force is a decisive advantage of Europe relative to Latin America, which only had access to the weaker and less reliable IMF. Arguably, the limited nature of external support strongly contributed to the depth of Latin America’s great collapses. European cooperation can explore and exhaust alternatives to a euro exit to the benefit of all union members and, if dissolution becomes unavoidable, ensure amicable support to ease the transition. The path to success remains uncharted, however, and implementation of the necessary regional mechanisms will require innovation and political will. If the available means of cooperation are not used effectively, crisis countries in Europe may fare worse than those in Latin America.

  16. Globalization and the financialization of the economy

    Directory of Open Access Journals (Sweden)

    Ion Bucur

    2013-12-01

    Full Text Available The defining with profound implications on the economy and society is represented the globalization. In this context, we have noticed the increasing influence of the financial markets on the economy, the tendency to remove the finances from the real economy requirements, the growing role of external financing using more volatile capital goods, increased competition regarding the access to financing, the significant increase of power of the international capital markets whose characteristic is represented by the increased instability, the implications of the investors’ obsession with an excessive profitableness of their own funds and the expansion of using sophisticated financial products. Realities of today’s financial markets, which are the subject of numerous studies and analysis, have contributed to the association of the arguments that are contesting the thesis on the virtues of self-regulation markets and promoting a new paradigm, within which finances should subordinate the requirements of a balanced and sustained economic growth.

  17. FINANCIAL MANAGEMENT OF THE INVESTMENT CYCLE

    Directory of Open Access Journals (Sweden)

    Boby Costi

    2014-10-01

    Full Text Available Any modern entity operates with the purpose to generate profit, and also to generate sufficient cash flow as to cover its operations and to never be in the position of being unable to cope with payments. Depending on the financial policy, part of the earnings of the entity can be used to sustainable purchase fixed assets. It is known that an entity needs investments in order to develop. to make investments, it needs financial sources. Nowadays, the access to resources, and especially to external resources, is becoming increasingly difficult. Therefore, any responsible entity takes measures to increase its capacity to self-finance. The capacity to self-finance reflects the financial potential for economic growth of an entity, namely the internal source of financing, and one of the important elements that influence the capacity of self-financing is depreciation. For this reason, the way depreciation is approached within an entity is a decision matter of the management.

  18. News Analytics for Financial Decision Support

    NARCIS (Netherlands)

    V. Milea (Viorel)

    2013-01-01

    textabstractThis PhD thesis contributes to the newly emerged, growing body of scientific work on the use of News Analytics in Finance. Regarded as the next significant development in Automated Trading, News Analytics extends trading algorithms to incorporate information extracted from textual messag

  19. El Salvador - Investment Support & Financial Services

    Data.gov (United States)

    Millennium Challenge Corporation — Research Questions. Through an analysis of business plans, borrower files, repayment data, applicant questionnaires, as well as information from interviews with...

  20. The Financial Performance of Cloud Computing

    OpenAIRE

    I-Cheng Chang; Bao-Ru Guo; Chuang-Chun Liu

    2014-01-01

    With advanced information technology, compare to the past operation, the significant difference is the companies no longer need to set up their own costly the large server, instead an external professional supplier "cloud computing" technology would be increasingly adopted nowadays. The main purpose of this study is to examine the financial performance whether would be improved after enterprises implemented cloud computing technology. According to the analysis results, we found that the cost ...

  1. Financial and Social Capital in Marriage

    OpenAIRE

    Jackson, Grace Louise

    2016-01-01

    Popular culture is rife with messages telling couples that they alone have the power to improve their relationship. But couples are embedded in a physical and social context that can also exert both subtle and direct influence. This dissertation serves to enhance our understanding of how two external forces influence marital functioning. The first two papers examine financial resources, and the second two examine social resources. The first paper describes the challenges low-income couples fa...

  2. Financial instrument pricing using C++

    CERN Document Server

    Duffy, Daniel J

    2004-01-01

    One of the best languages for the development of financial engineering and instrument pricing applications is C++. This book has several features that allow developers to write robust, flexible and extensible software systems. The book is an ANSI/ISO standard, fully object-oriented and interfaces with many third-party applications. It has support for templates and generic programming, massive reusability using templates (?write once?) and support for legacy C applications. In this book, author Daniel J. Duffy brings C++ to the next level by applying it to the design and implementation of class

  3. External radiation surveillance

    Energy Technology Data Exchange (ETDEWEB)

    Antonio, E.J.

    1995-06-01

    This section of the 1994 Hanford Site Environmental Report describes how external radiation was measured, how surveys were performed, and the results of these measurements and surveys. External radiation exposure rates were measured at locations on and off the Hanford Site using thermoluminescent dosimeters (TLD). External radiation and contamination surveys were also performed with portable radiation survey instruments at locations on and around the Hanford Site.

  4. 金融支持与区域经济增长集聚与差异--基于空间计量模型的实证分析%Concentration and Disparities of Financial Support and Regional Economic Growth-Empirical Analysis Based on Spatial Econometrics Model

    Institute of Scientific and Technical Information of China (English)

    豆晓利

    2014-01-01

    本文采用空间计量方法,基于新增长理论,从金融发展的3个层面--金融规模、金融结构、金融效率来考察2003-2010年金融业在区域经济增长集聚与差异中的支持作用,结果发现:我国区域经济增长呈现明显的空间集聚特征,在集聚与差异的形成过程中,金融支持表现出显著的空间相关性,其中金融规模、金融结构和金融效率的贡献又存在差异。基于此结论,本文提出了相应的政策建议。%Considering the spatial effect of the regional economic growth, the paper analyzes the support of fi-nance in the concentration and disparities of regional economic growth from 2003 to 2010 in terms of financial scale, financial structure and financial efficiency, based on new growth theory and by using spatial econometric model. The results show that there is an obvious spatial concentration characteristic of regional economic growth in China, and fi-nancial support is one of the important factor for this result. What is more,the contributions of financial scale,finan-cial structure and financial efficiency are different. Lastly, the paper puts forward some corresponding policy sugges-tions.

  5. Network versus portfolio structure in financial systems

    Science.gov (United States)

    Kobayashi, Teruyoshi

    2013-10-01

    The question of how to stabilize financial systems has attracted considerable attention since the global financial crisis of 2007-2009. Recently, Beale et al. [Proc. Natl. Acad. Sci. USA 108, 12647 (2011)] demonstrated that higher portfolio diversity among banks would reduce systemic risk by decreasing the risk of simultaneous defaults at the expense of a higher likelihood of individual defaults. In practice, however, a bank default has an externality in that it undermines other banks’ balance sheets. This paper explores how each of these different sources of risk, simultaneity risk and externality, contributes to systemic risk. The results show that the allocation of external assets that minimizes systemic risk varies with the topology of the financial network as long as asset returns have negative correlations. In the model, a well-known centrality measure, PageRank, reflects an appropriately defined “infectiveness” of a bank. An important result is that the most infective bank needs not always to be the safest bank. Under certain circumstances, the most infective node should act as a firewall to prevent large-scale collective defaults. The introduction of a counteractive portfolio structure will significantly reduce systemic risk.

  6. THE IMPACT OF CONTROLS ON FINANCIAL REPORTING QUALITY

    Directory of Open Access Journals (Sweden)

    Cecilia (DAMOC NICA

    2015-11-01

    Full Text Available The study identifies the impact of the internal and external control of the quality of financial reporting, considering the professional accountants’ opinions, evaluating the extent to which financial and non-financial information presented annually by companies represent a guarantee of compliance with the ethical principles of professionals, and also a transparency presentation of the economic activity, risk management, at the same time protecting the interests of stakeholders in the company. The quantitative analysis performed is based on a questionnaire applied to the professional accountants being conducted on a sample of companies in Romania, in various sectors and presents a comparative study of the importance of each type of internal and external control in the delivery of financial reports and non- annual companies, real and credible.

  7. INTERCONTINENTAL FINANCIAL STREET BEIJING

    Institute of Scientific and Technical Information of China (English)

    ZHANGCHUNYUE; FENGJIAYUN

    2005-01-01

    InterContinental Financial Street Beijing opened its doors on May 1st, 2005, just days before the world's business leaders flooded into town for the Fortune Global Forum.The first international luxury hotel in the Chinese capital's new and rapidly growing Financial Street business center, the InterContinental Financial Street Beijing is the flagship property of FnterContinental Hotels and Resorts on the Chinese mainland, and as such a pioneer in Beijing's future,

  8. Financial planning. Budgeting.

    Science.gov (United States)

    Warner, S

    1984-01-01

    A short-term financial plan (STFP) is like a road map--you are more likely to reach your destination (financial goals) with one than without. A STFP need not be a drudge; a well-designed plan must be so comprehensive so as to include personal freedom money and even small luxuries. Once started, it actually becomes rewarding and fun to see your financial goals coming to fruition.

  9. Judge Financial, Administrative Judge

    OpenAIRE

    Kurek, Aline

    2010-01-01

    As a specialised administrative judge, the financial judge, understood in the sense of the Auditors Court, of the regional Auditors Courts and of the Court of budgetary and financial discipline, has a ratione materiae jurisdiction. It is the judge's duty to ensure compliance with budgetary and national accounting rules. The perspective tending to view the financial judge as a administrative judge, that is to say as an ordinary administrative judge, may consequently give rise to certain object...

  10. Central bank Financial Independence

    OpenAIRE

    J.Ramon Martinez-Resano

    2004-01-01

    Central bank independence is a multifaceted institutional design. The financial component has been seldom analysed. This paper intends to set a comprehensive conceptual background for central bank financial independence. Quite often central banks are modelled as robot like maximizers of some goal. This perspective neglects the fact that central bank functions are inevitably deployed on its balance sheet and have effects on its income statement. A financially independent central bank exhibits ...

  11. Financial Liberalization Or Repression?

    OpenAIRE

    Ang, James

    2009-01-01

    While financial liberalization has always been advocated in developing countries, experiences with it do not always produce desirable outcomes. In order to evaluate the costs and benefits associated with financial liberalization and repression, this study highlights that the overall effectiveness of the reform programs depends on the relative strength of each financial sector policy implemented. Using India as a case study, the results indicate that interest rate controls, statutory liquidity...

  12. Implications of Overseas Farmland Financial Development for Financial Service Innovation in China’s Rural Areas

    Institute of Scientific and Technical Information of China (English)

    Jicheng; SU; Hongjuan; LI

    2015-01-01

    Currently,there are many problems requiring to be solved urgently in the rural economic development in China,including farmers’ difficulties in getting loans,difficulties in agricultural financing of small and medium-sized enterprises,disconnection of funds chain and serious information asymmetry.The roots of these problems are inadequate financial support and single as well as backward service pattern.The development of rural economy and improvement of farmers’ life depend in large measure upon rural financial service system.Rural financial business system in western developed countries mainly consists of policy finance,cooperative finance and commercial finance[1].Development of land finance provides powerful fund circulation for rural finance.Western countries have relatively advanced legal systems and policies for rural financial support with land mortgage and land guarantee as the main methods,which can be used as reference,such as construction of rural financial system,innovation of rural financial service as well as supervision and control of rural financial risks.Through introducing relevant features of foreign farmland finance,this article discusses service innovation in the reform of China’s rural financial system.

  13. OFDI Equity Entry to Small and Medium- sized Enterprises and Government Financial Support%中小企业OFDI股权投资与政府信贷支持

    Institute of Scientific and Technical Information of China (English)

    刘岩; 卢伟家

    2012-01-01

    在Decker and Zhao模型基础上引入母国政府信贷支持政策变量使用预算约束优化和比较静态分析方法推导出了更具一般性的异质性中小企业OFDI国际化股权投资最优结构选择的影响因素模型。经过国内机会成本调整后的相对利润、中小企业的所有者的风险规避参数、东道国市场运营风险、母国政府信贷支持政策是本文模型中影响最优所有权比例的主要因素。包括投资保险、融资担保、优惠贷款、税收优惠、征信机制、海外投资立法等多种方式的广泛意义上的支持政策和法规将使中小企业OFDI股权投资收益良多。%According to Decker and Zhao model, the authors introduce a variable of home country' s credit support. Further, with methods of budget constrained optimization and comparative statics, they derive a general quantitative model of heterogeneous small and medium - sized enterprises (SMEs) for the optimum structure choice of outward foreign direct investment (OFDI). In the model, the comparative profit after adjustment of domestic op- portunity cost, SME owner' s risk aversion parameter, estimated operation risk in the host country and the home country government support measures are vital factors to determine the optimal ownership ratio. A more comprehen- sive financial support measures including investment insurance, finance guarantee, preferential loan and tax reduc- tion and laws will make SMEs' benefit a lot from the equity OFDI overseas.

  14. Financial Management Competence of Founding Teams and Growth of New Technology-Based Firms

    DEFF Research Database (Denmark)

    Brinckmann, Jan; Gemuenden, Hans Georg; Salomo, Søren

    2009-01-01

    This article draws on the resource-based view to analyze the role founding teams' financial management competencies play for firm growth. Prior research stressed the importance of acquiring external financial resources. In this study, we broaden the understanding of financial management in new...... firms. We explore the relevance of strategic financial planning competence, external financing competence, competence in financing from cash flow, and controlling competence of entrepreneurial teams for the growth of new technology-based firms. A total of 212 founding teams provided self...

  15. Low-Cost Alternative External Rotation Shoulder Brace and Review of Treatment in Acute Shoulder Dislocations

    Directory of Open Access Journals (Sweden)

    Lacy, Kyle

    2015-01-01

    Full Text Available Traumatic dislocations of the shoulder commonly present to emergency departments (EDs. Immediate closed reduction of both anterior and posterior glenohumeral dislocations is recommended and is frequently performed in the ED. Recurrence of dislocation is common, as anteroinferior labral tears (Bankart lesions are present in many anterior shoulder dislocations.14,15,18,23 Immobilization of the shoulder following closed reduction is therefore recommended; previous studies support the use of immobilization with the shoulder in a position of external rotation, for both anterior and posterior shoulder dislocations.7-11,19 In this study, we present a technique for assembling a low-cost external rotation shoulder brace using materials found in most hospitals: cotton roll, stockinette, and shoulder immobilizers. This brace is particularly suited for the uninsured patient, who lacks the financial resources to pay for a pre-fabricated brace out of pocket. We also performed a cost analysis for our low-cost external rotation shoulder brace, and a cost comparison with pre-fabricated brand name braces. At our institution, the total materials cost for our brace was $19.15. The cost of a pre-fabricated shoulder brace at our institution is $150 with markup, which is reimbursed on average at $50.40 according to our hospital billing data. The low-cost external rotation shoulder brace is therefore a more affordable option for the uninsured patient presenting with acute shoulder dislocation. [West J Emerg Med. 2015;16(1:114–120.

  16. 农业规模化经营的金融支持效应及对策研究--以广西为例%On the Effects and Countermeasures of Financial Support for Agricultural Scale Management---Taking Guangxi as an Example

    Institute of Scientific and Technical Information of China (English)

    李强; 傅东平

    2015-01-01

    This paper uses the model of panel random effects to analyze the effect of financial sup-port for agricultural scale management with the data of 14 cities in Guangxi Region.The empirical re-sults show that the financial related rate and conversion rate on saving investment play a positive role in agricultural scale management,while the deposit loan ratio plays a negative role in agricultural scale management,because the “clean-cut”credit scale control leads to financial surplus funds depart from the agricultural economy,resulting in loan business fluctuations.In order to promote the effect of fi-nancial support for agricultural scale management,we must build a diversified financial support agri-culture system,intensify agricultural financial policy support,develop new financial service agricul-ture mode,intensify agricultural mechanized promotion and encourage young adults back home for employment.%采用广西14市的数据,运用面板随机效应模型对农业规模化经营的金融支持效应进行实证分析。实证结果表明:金融相关率、储蓄投资转化率对农业规模化起着正向促进作用;而存贷比对农业规模化起着抑制作用,与预期不符,原因在于“一刀切”的信贷规模控制导致金融剩余资金背离三农经济,造成存贷款业务波动。为了更好发挥农业规模化经营的金融支持作用,要构建多元化金融支农体系,加大农业金融政策扶持力度,发展新型金融支农模式,加大农业机械化推广力度和鼓励青壮年劳动力回乡就业。

  17. Financial modeling: Rx for financial success.

    Science.gov (United States)

    Marino, D

    2001-01-01

    In an era of managed care, cost cutting and finding ways to increase revenue are key goals in the survival of group practices. Many practices find that they have to boost their revenue by a certain amount (for example, 20-30% within the next three years) to maintain viability in the health care marketplace. Understanding how to generate that revenue and influence short-term and long-term financial outcomes is a far trickier process. This article details how practice administrators can influence a practice's bottom line through a three-step process: (1) identify the components of the practice's financial performance and drivers of performance results, (2) diagnose the practice's current financial situation, and (3) pinpoint benchmarks and targets for success.

  18. Financial Wealth Distribution in Revised Financial Accounts

    Directory of Open Access Journals (Sweden)

    Václav Rybáček

    2012-09-01

    Full Text Available Financial statistics undergo dynamic evolution as apparent consequence of their rising importance. Structureof assets, source of fi nancing, price changes or net fi nancial position, all these indicators can detect oncomingfi nancial instability. Financial statistics as a logical extension of the national accounts provide such information.Th e aim of the following text is to present fi nancial statistics, relation between particular accounts, the impact of extraordinary revision carried out in 2011, and also to analyse current wealth distribution as described by fi nancial statistics.

  19. FINANCIAL PERFORMANCE VERSUS NON FINANCIAL PERFORMANCE. CASE STUDY AT ANTIBIOTICE TRADING COMPANY IASI

    Directory of Open Access Journals (Sweden)

    Beleneºi Mãrioara

    2012-07-01

    Full Text Available The actual economical conditions, the effect of global crisis and the efforts to pass this turning point, does force trading companies toward an extremely balanced management of performance. Now, when financial indicators are neither so spectacular nor so relevant, and when the principles of a durable development are mentioned over and over, the exigencies of companies’ external environment are higher and higher. This reality does force the companies to pay more attention to social responsibilities’ assuming and investment into green innovation, as well as to the field of information’s communication in a relevant way, which should gather financial, social and environment information. The absence of a normalized balance of financial and non-financial indicators used in measuring companies’ global performance, does allow them selecting of “agreed” indicators which should reflect the company under the light of high performance. But, the same reason urges the searcher for some research studies of the most adequate diagnostic model of global performance, which should faithfully reflect company’s current status. The purpose of this study is to measure the global performance of ANTIBIOTICE Trading Company, taking into account, both financial and non-financial indicators for a period of 5 years. For the financial years 2006 and 2008 company’s global performance is an acceptable one, while for the financial years 2007, 2009 and 2010 the global performance is a medium one. It should be highlighted the lack of involvement or transparency regarding social and environment responsibility in 2006 and weak financial performance in 2008, indicators which positioned the company to an acceptable level.

  20. Global Financial Crisis – Policy Response

    Directory of Open Access Journals (Sweden)

    Dakić Milojica

    2014-01-01

    Full Text Available Six years after the outbreak of the financial crisis that had shaken the global financial system, experts and analysts all over the world continue discussing the effectiveness, scope and adequacy of mechanisms and measures implemented in the meantime, as well as the adequacy of the underlying theoretical concept. A global consent has been reached on ensuring financial stability through the interaction of monetary, fiscal and prudential policy to ensure the necessary macroprudential dimension of regulatory and supervisory frameworks. The USA crisis spilled over to Europe. Strong support of governments to bail out banks quickly resulted in sovereign debt crises in some peripheral EU Member States. Fiscal insolvency of these countries strongly shook the EU and increased doubts in the monetary union survival. The European Union stood united to defend the euro and responded strongly with a new complex and comprehensive financial stability framework. This supranational framework is a counterpart to the global financial stability framework created by the G20 member countries. Starting from the specific features of the monetary policy whose capacities are determined by euroisation, available instruments and resources for preventive supervisory activities, as well as the role of the government in crisis management, Montenegro created a framework for maintaining financial stability and prescribed fostering and maintaining financial stability as the main objective of the Central Bank of Montenegro.

  1. Household financial behavior

    NARCIS (Netherlands)

    Brounen, Dirk; Koedijk, Kees; Pownall, Rachel

    2016-01-01

    Greater personal responsibility toward financial decision-making is being advocated on a global basis. Individuals and households are encouraged to take a more active approach to personal finance. In this paper, we examine behavioral factors, which lead households toward savings and financial planni

  2. Financial Key Ratios

    Directory of Open Access Journals (Sweden)

    Tănase Alin-Eliodor

    2014-08-01

    Full Text Available This article focuses on computing techniques starting from trial balance data regarding financial key ratios. There are presented activity, liquidity, solvency and profitability financial key ratios. It is presented a computing methodology in three steps based on a trial balance.

  3. Household financial behavior

    NARCIS (Netherlands)

    Brounen, Dirk; Koedijk, Kees; Pownall, Rachel

    2016-01-01

    Greater personal responsibility toward financial decision-making is being advocated on a global basis. Individuals and households are encouraged to take a more active approach to personal finance. In this paper, we examine behavioral factors, which lead households toward savings and financial

  4. Consolidating Financial Statements.

    Science.gov (United States)

    Wood, Marcia R.

    This publication is designed to be a desktop reference and assist financial officers in both public and independent institutions of higher education in the preparation of consolidated financial statements. Chapter 1 covers generally accepted accounting principles and other accounting literature, and summarizes reporting rules of the Financial…

  5. Financial Crisis Redux?

    Institute of Scientific and Technical Information of China (English)

    2008-01-01

    Observers refute the start of a new Asian financial crisis sparked by Viet Nam’s financial and economic troubles It looked like a sudden nightmare when stockholders with hundreds of millions of Vietnamese dong found their pockets half empty overnight. The once prosper- ous bull market in Viet Nam plummeted to

  6. 76 FR 74777 - National Marine Protected Areas Center External Review

    Science.gov (United States)

    2011-12-01

    ..., information resources, coordination and policy development. An external review of the MPA Center is needed to... feedback, including public comment on the program's approach to balancing competing priorities. All... of MPAs? Are resources (human and financial) allocated appropriately to effectively address the...

  7. HIERARCHY OF ACCOUNTING INFORMATION QUALITATIVE CHARACTERISTICS IN FINANCIAL REPORTING

    Directory of Open Access Journals (Sweden)

    Claudia-Elena GRIGORAȘ-ICHIM

    2016-06-01

    Full Text Available The importance of the qualitative characteristics of information from the annual financial statements must not be ignored also within the interim financial statements, given that their development is determined primarily by the utility and appropriateness of information and data provided to internal and external users. This article focuses on those aspects of a qualitative nature that concentre on professional accountants in the preparation of financial reporting and the challenges they face are based on professional judgment. The article also compares the Romanian accounting framework with the European and international ones, regarding the treatment of qualitative characteristics of accounting information.

  8. Econometric Model – A Tool in Financial Management

    Directory of Open Access Journals (Sweden)

    Riana Iren RADU

    2011-06-01

    Full Text Available The economic situation in Romania requires from the trader a rigorous analysis of vulnerabilities and opportunities offered by the external environment and a careful analysis of internal environmental conditions in which the entity operates. In this context particular attention is paid to indicators presented in the financial statements. Many times they are a model for economic forecasts, future plans, basic business and businesses that use them with a good forecasting activity. In this paper we propose to analyze the comparative evolution of the main financial indicators highlighted in financial statements (profit and loss through a multi-equation econometric model, namely dynamic Keynesian model.

  9. Interconnectedness of Financial Conglomerates

    Directory of Open Access Journals (Sweden)

    Gaël Hauton

    2015-05-01

    Full Text Available Being active in both the insurance sector and the banking sector, financial conglomerates intrinsically increase the interconnections between the banking sector and the insurance sector. We address two main concerns about financial conglomerates using a unique database on bilateral exposures between 21 French financial institutions. First, we investigate to what extent to which the insurers that are part of financial conglomerates differ from pure insurers. Second, we show that in the presence of sovereign risk, the components of a financial conglomerate are better off than if they were distinct entities. Our empirical findings bring a new perspective to the previous results of the literature based on using different types of data.

  10. Trusts and Financialization

    DEFF Research Database (Denmark)

    Harrington, Brooke

    2016-01-01

    the global spread of financialization: by privileging the rentier–investor within the 15 world economy; by perpetuating a distinctively Anglo-American approach to finance internationally; and by increasing the autonomy of finance vis-a-vis the nation-state. This study shares the primarily descriptive...... and conceptual intent of Krippner’s work on financialization, but extends it in two ways: by comparing trusts to the better- known corporate form of organizing financial activity, and by showing how private 20 capital is implicated in the financialized economy alongside corporate wealth.......This article identifies trusts as a legal structure associated with the global spread of financialization. Although trusts originated in Medieval England, they have acquired a new significance in contemporary finance by virtue of their advantages in terms of 10 profit maximization and capital...

  11. Financial Analysts’ Forecasts

    DEFF Research Database (Denmark)

    Stæhr, Simone

    in the financial forecasts on which they base investment decisions they may end up losing money as a consequence of biased forecasts. Thus, relying primarily on decision theories such as social comparison theory and theories on confirmation bias this thesis investigates how and why pronounced biases in financial......This thesis is broadly concentrated on decision making under uncertainty. It seeks to investigate how agents in financial markets make decisions at the individual level and how these decisions can sometimes be affected by personal traits and cognitive biases rather than being perfectly rational....... The primary focus is on financial analysts in the task of conducting earnings forecasts while a secondary focus is on investors’ abilities to interpret and make use of these forecasts. Simply put, financial analysts can be seen as information intermediators receiving inputs to their analyses from firm...

  12. FINANCIAL STRATEGY: SPECIFIC FEATURES AND INFLUENCE FACTORS IN THE BANKING SYSTEM

    Directory of Open Access Journals (Sweden)

    Olga STEFANIUC

    2013-06-01

    Full Text Available Financial strategy is a model of training,tracking and use of financial resources of the bank in the long run. It is an element of the overall strategy and it determines the development directions in the areas of credit policy, investment policy, broadcasting policy, deposit policy, interest rate policy, dividend policy, liquidity policy support. So, the financial strategy forms the Bank's financial policy in order to create an efficient management of financial flows.

  13. Financial Openness and Financial Development: An Analysis Using Indices

    OpenAIRE

    Ozkok, Zeynep

    2010-01-01

    This paper examines the link between financial openness and financial development through panel data analysis on advanced and emerging market countries. Using indices, financial openness together with institutional and educational variables explains a large part of the variation in financial development across countries and over time. Our analysis demonstrates that different indexing strategies serve in finding better measures for financial openness and financial development in comparison to ...

  14. Quantifying the relationship between financial news and the stock market.

    Science.gov (United States)

    Alanyali, Merve; Moat, Helen Susannah; Preis, Tobias

    2013-12-20

    The complex behavior of financial markets emerges from decisions made by many traders. Here, we exploit a large corpus of daily print issues of the Financial Times from 2(nd) January 2007 until 31(st) December 2012 to quantify the relationship between decisions taken in financial markets and developments in financial news. We find a positive correlation between the daily number of mentions of a company in the Financial Times and the daily transaction volume of a company's stock both on the day before the news is released, and on the same day as the news is released. Our results provide quantitative support for the suggestion that movements in financial markets and movements in financial news are intrinsically interlinked.

  15. 我国新能源产业发展的金融支持研究——基于上市公司2003~2012的数据%A Study on Financial Support of Chinese New Energy Industry——Based on the Listed Company's Data from 2003 to 2012

    Institute of Scientific and Technical Information of China (English)

    李治国; 潘鑫馨

    2015-01-01

    新能源产业是我国重点扶持的战略性新兴产业,如何通过金融支持促进新能源产业发展是当前亟需解决的问题.本文首先总结并归纳了国内外学者对于金融支持产业发展问题的研究,对金融支持新能源产业发展做了机理分析.然后选取了20家以新能源为概念的上市公司2003~2012年的财务数据,运用因子分析法提取出衡量新能源产业发展水平的综合指标,并与衡量金融发展的相关指标构建面板数据模型.实证结果表明,金融规模扩大、金融效率的提高以及金融结构的改善均能促进新能源产业的发展;此外,政府的相关职能及政策手段也可以对新能源产业的发展起到促进作用.最后,本文依据实证分析的结果,提出了优化金融支持的相关对策.%The new energy industry is one of the strategic emerging industries which our country supports primarily.This paper aims to research how to advance development of new energy industry through financial support.Literature research method,normative analysis and empirical analysis are adopted in this whole paper.Firstly,this paper summarizes researches of financial support for industrial develop-ment by the domestic and foreign scholars,and does Mechanism analysis of financial support for the development of new energy industry.Then,this paper selects the financial data of 20 companies which come into the market as new energy companies in 2003-2012,using the factor analysis method to extract the comprehensive index which measures the level of development of new energy industry,and constructs panel data model with the relevant indicators of financial development.The empirical results show that the financial scale,financial effi-ciency and financial structure can promote the development of new energy industry.In addition,the relevant functions and policy tools of government can also play a role on the development of new energy industry.Finally,according to the

  16. Financial Declines, Financial Behaviors, and Relationship Satisfaction during the Recession

    Directory of Open Access Journals (Sweden)

    Jeffrey P. Dew

    2013-08-01

    Full Text Available Using nationally-representative data collected during the summer of 2009 (N = 575, this study examines how reports of financial declines are associated with financial behaviors and how financial behaviors are associated with relationship satisfaction among cohabiting and married participants. Findings suggested that financial declines were only negatively associated with sound financial management behavior if participants also experienced feelings of economic pressure. Sound financial management behavior was found to be positively associated with marital satisfaction. Finally, sound financial management behavior also moderated the association between financial declines, economic pressure, and relationship satisfaction.

  17. Energy generation externalities with conventional and renewable sources; Externalidades da geracao de energia com fontes convencionais e renovaveis

    Energy Technology Data Exchange (ETDEWEB)

    Shayani, Rafael Amaral; Oliveira, Marco Aurelio Goncalves de [Universidade de Brasilia (UnB), DF (Brazil). Dept. de Engenharia Eletrica. Lab. de Fontes Alternativas de Energia

    2008-07-01

    The energy generation externalities have both positive and negative sides. The conventional sources, including fossil and nuclear fuel, have environment, political, economical and social negative externalities. The environment one affects the world climate, the political one includes the wars caused by oil control, the governmental financial support is economical aspects, and black outs, that affect all citizen's job, are a social example. The photovoltaic solar energy has a negative externality when the lead-acid battery is used into stand-alone systems. This batteries need special attention because has harmful components that can pollute the water. The use of other way to storage the energy is a solution to this, like non pollute batteries, electrostatic accumulation, flywheels, compressed air, hydrogen fuel cell or thermo accumulation. The PV system can be grid-connected too; this solutions have positive externalities, because the solar collector can replace the electric shower, reducing the transmission system demand during the peak time, and saving some energy from the conventional power plant during drought season. A house's roof can support more than twice of PV system needed to supply the energy of the house, so the potential to use the solar energy without needing new places is huge. The consciousness that the Earth is but one country, and mankind its citizens, should be adopted for all mankind, because the environment pollution of a specific place affects everyone, and the negative externalities must be calculated. The PV prices is getting cheaper each year, forecasting 45% of price reduction into the next 10 years. The governmental support to use solar hot water at residences, research and nationalization of the PV production are necessary to amplify the positive externalities of the solar energy. (author)

  18. Financial Accountant Versus Managerial Accountant in the Hotel Business System

    Directory of Open Access Journals (Sweden)

    Ivana Zubac

    2012-01-01

    Full Text Available From the perspective of financial or managerial accountant, subject of interest in this paper is the relationship of financial and managerial accounting in the hotel business. Being necessary functions within the business system of hotel company, their mutual connection as well as their differences are explained. The management of hotel company makes decisions based on accounting information from both parts of accounting. As support to hotel management in decision-making, financial accountant provides financial information about past events, while managerial accountant provides non-financial information oriented toward future. The example above is just one out of many specific tasks, which are performed by accountants of specific part of hotel accounting system. Without their support, the management could not make correct and timely decisions with certainty. The importance of the roles of financial and managerial accountant is reflected through need for a wide knowledge in the field of accounting in specific business conditions of hotel industry.

  19. Impact of Financial Structure on the Cost of Solar Energy

    Energy Technology Data Exchange (ETDEWEB)

    Mendelsohn, M.; Kreycik, C.; Bird, L.; Schwabe, P.; Cory, K.

    2012-03-01

    To stimulate investment in renewable energy generation projects, the federal government developed a series of support structures that reduce taxes for eligible investors--the investment tax credit, the production tax credit, and accelerated depreciation. The nature of these tax incentives often requires an outside investor and a complex financial arrangement to allocate risk and reward among the parties. These financial arrangements are generally categorized as 'advanced financial structures.' Among renewable energy technologies, advanced financial structures were first widely deployed by the wind industry and are now being explored by the solar industry to support significant scale-up in project development. This report describes four of the most prevalent financial structures used by the renewable sector and evaluates the impact of financial structure on energy costs for utility-scale solar projects that use photovoltaic and concentrating solar power technologies.

  20. The instruments of financial planning

    OpenAIRE

    Durnov, V.

    2011-01-01

    The paper analyzes financial planning efficiency for enterprise management improvement. The author describes the system of financial tools and considers in detail financial planning methods, their strengths and weaknesses

  1. Externally Verifiable Oblivious RAM

    Directory of Open Access Journals (Sweden)

    Gancher Joshua

    2017-04-01

    Full Text Available We present the idea of externally verifiable oblivious RAM (ORAM. Our goal is to allow a client and server carrying out an ORAM protocol to have disputes adjudicated by a third party, allowing for the enforcement of penalties against an unreliable or malicious server. We give a security definition that guarantees protection not only against a malicious server but also against a client making false accusations. We then give modifications of the Path ORAM [15] and Ring ORAM [9] protocols that meet this security definition. These protocols both have the same asymptotic runtimes as the semi-honest original versions and require the external verifier to be involved only when the client or server deviates from the protocol. Finally, we implement externally verified ORAM, along with an automated cryptocurrency contract to use as the external verifier.

  2. External Beam Therapy (EBT)

    Science.gov (United States)

    ... Esophageal Cancer Treatment Head and Neck Cancer Treatment Lung Cancer Treatment Prostate Cancer Treatment Brain Tumor Treatment Why is ... Radiation Oncology) Breast Cancer Treatment Esophageal Cancer Treatment Lung Cancer Treatment Images related to External Beam Therapy (EBT) Sponsored ...

  3. MALIGNANT EXTERNAL OTITIS

    OpenAIRE

    Massoud Moghaddam

    1993-01-01

    Two case reports of malignant external otitis in the elderly diabetics and their complications and management with regard to our experience at Amir Alam Hospital, Department of ENT will be discussed here.

  4. Checklists for external validity

    DEFF Research Database (Denmark)

    Dyrvig, Anne-Kirstine; Kidholm, Kristian; Gerke, Oke;

    2014-01-01

    RATIONALE, AIMS AND OBJECTIVES: The quality of the current literature on external validity varies considerably. An improved checklist with validated items on external validity would aid decision-makers in judging similarities among circumstances when transferring evidence from a study setting...... to an implementation setting. In this paper, currently available checklists on external validity are identified, assessed and used as a basis for proposing a new improved instrument. METHOD: A systematic literature review was carried out in Pubmed, Embase and Cinahl on English-language papers without time restrictions....... The retrieved checklist items were assessed for (i) the methodology used in primary literature, justifying inclusion of each item; and (ii) the number of times each item appeared in checklists. RESULTS: Fifteen papers were identified, presenting a total of 21 checklists for external validity, yielding a total...

  5. Migration with fiscal externalities.

    Science.gov (United States)

    Hercowitz, Z; Pines, D

    1991-11-01

    "This paper analyses the distribution of a country's population among regions when migration involves fiscal externalities. The main question addressed is whether a decentralized decision making [by] regional governments can produce an optimal population distribution...or a centralized intervention is indispensable, as argued before in the literature.... It turns out that, while with costless mobility the fiscal externality is fully internalized by voluntary interregional transfers, with costly mobility, centrally coordinated transfers still remain indispensable for achieving the socially optimal allocation."

  6. Sen cycles and externalities

    OpenAIRE

    Piggins, Ashley; Salerno, Gillian

    2016-01-01

    It has long been understood that externalities of some kind are responsible for Sen’s (1970) theorem on the impossibility of a Paretian liberal. However, Saari and Petron (2006) show that for any social preference cycle generated by combining the weak Pareto principle and individual decisiveness, every decisive individual must suffer at least one strong negative externality. We show that this fundamental result only holds when individual preferences are strict. Building on their contribution,...

  7. ELECTRONIC DISCLOSURE AND FINANCIAL KNOWLEDGE MANAGEMENT

    Institute of Scientific and Technical Information of China (English)

    Jerome YEN; Percy YUEN; Belinna BAI

    2005-01-01

    In this paper, we reported the benefits of using eXtended Markup Language (XML) to support financial knowledge management and discussed number of issues associated with developing an XML-based financial knowledge management system. Current searching engines do not provide sufficient performance in terms of recall, precision, and extensibility for financial knowledge management, because the data represented in HTML format cannot support financial knowledge management effectively. On the other hand, XML provides a vendor-neutral approach to structure and organize contents as XML authors are allowed to create arbitrary tags to describe the format or structure of data. A prototype of XML-based ELectronic Financial Filing System (ELFFS-XML) is developed, and value-added services such as automatic tag generation and cross-linking related information from different data sources are provided to enable knowledge representation and knowledge generation. We compared the XML-based ELFFS with the original HTML-based ELFFS and SEDAR - an electronic filing system used in Canada, and we found that ELFFS-XML is able to provide much more functionalities to support knowledge management. We also compared our automatic tag generation result with the experts' and investors' choices, and recommended some directions for future development of similar electronic filing systems.

  8. Financial Reforms and Financial Fragility: A Panel Data Analysis

    Directory of Open Access Journals (Sweden)

    Syed Faizan Iftikhar

    2015-04-01

    Full Text Available This paper explores the relationship between financial reforms, financial liberalization and the quality of banking regulation and supervision for financial fragility by applying a dynamic two-step system generalized method of moments GMM panel estimator technique. The finding of this study is that the financial vulnerability of the banking sector could be affected, not only by bank-specific and macro-specific variables; but also by financial liberalization and banking regulations and supervision policies. The empirical results of this study confirm the evidence that financial reforms and financial liberalization significantly enhance the likelihood of financial fragility while strong banking regulations and supervision have an inverse relationship with financial fragility. The results of this study also explain that the lag value of loan growth and unemployment contribute to enhancing financial fragility while equity to assets ratio, natural log of total assets and share of foreign banks reduce financial vulnerability.

  9. 77 FR 12340 - Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Order Granting...

    Science.gov (United States)

    2012-02-29

    ... COMMISSION Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Order Granting... Accounting Support Fee February 23, 2012. I. Introduction On December 20, 2011, the Financial Industry Regulatory Authority, Inc. (``FINRA'') filed with the Securities and Exchange Commission...

  10. 76 FR 59170 - Hartford Financial Services, Inc., Corporate/EIT/CTO Database Management Division, Hartford, CT...

    Science.gov (United States)

    2011-09-23

    ... Employment and Training Administration Hartford Financial Services, Inc., Corporate/EIT/CTO Database...) applicable to workers and former workers Hartford Financial Services, Inc., Corporate/EIT/CTO Database... services. Specifically, the workers provide information technology support for the firm's...

  11. ESSENCE, STRUCTURE AND FUNCTIONS OF THE REGIONAL FINANCIAL SYSTEM

    Directory of Open Access Journals (Sweden)

    A. V. Milenkov

    2015-01-01

    Full Text Available The scientific themes of the article is relevant, as in the domestic and foreign economic literature, the term "financial system" does not comply with the fundamental theory of systems in which the system views revealed as a set of interrelated and interacting elements in accordance with the set to achieve the goal. Each of the elements of multi-level financial system has its own organizational structure, consisting of institutions and organizations within the jurisdiction of the entity government. In the article the author's interpretation of the concepts of "institutional framework," "organizational structure" of the regional financial system, defined the task of the financial system was to create rules and regulations of its operation, set out the basic functions of the institutions and organizations of the regional financial system, analyzes the external communication of the financial system, the implementation of which is one of the basic conditions for the effective functioning of the financial system in the region due to its inclusion in the federal and international financial sector. The contribution of the author in the development of the theme of the article is to specify and clarify the concepts of "the financial system", "institutional and organizational structure of the regional financial system," the development of methodological approaches to the formulation and use of methods of solving the institutional and organizational problems of the financial system in the region, the rationalization of the rules and regulations it current operation and future development, the definition of the composition of the basic functions that are adequate specialization and features of the institutes and organizations of the regional financial system.

  12. Financial Intermediation, Monetary Uncertainty, and Bank Interest Margins Financial Intermediation, Monetary Uncertainty, and Bank Interest Margins

    Directory of Open Access Journals (Sweden)

    Leonardo Hernández

    1992-03-01

    Full Text Available Financial Intermediation, Monetary Uncertainty, and Bank Interest Margins This paper studies a simple model of financial intermediation in order to understand how the lending-borrowing spread or interest margin charged by financial intermediaries is determined in equilibrium in a monetary economy. The main conclusion of the paper concerns the effect on the spread of changes in the distribution of monetary innovations. Thus, changes in the monetary-policy-rule followed by the Central Bank which alter the volatility of inflation will have important effects on the interest margin and also on the amount of credit available to investors. A crosssection empirical analysis strongly supports our hypothesis:

  13. Grey Correlation Analysis of China's Urbanization and Financial Support-Theory and Empirical Analysis -And a Study on the "Four Trillion Yuan Investment"%我国城市化与金融支持的灰色关联分析:理论与实证——兼论“4万亿元投资”

    Institute of Scientific and Technical Information of China (English)

    高友才; 曹东坡

    2012-01-01

    本文在以往研究基础上做了较大改进和完善,首先把城市化分为城市化规模和城市化质量两个一级指标和7个二级指标,把金融分为政策性金融和商业性金融两个一级指标和4个二级指标,然后分别从个量和总量角度对我国1999~2008年的城市化与金融支持进行灰色关联分析。实证结果表明,城市化与金融支持正相关,但不同类型金融的支持力度不同,政策性金融贡献最为明显,商业性金融有待开发;间接融资作用较大,直接融资有待加强;对城市化规模的支持作用较大,对城市化质量的支持作用较小。基于实证结果和金融危机后我国“4万亿元投资”对城市化支持的反思,本文提出,我国应改革和完善城市化建设的投融资体制和机制,纯公益项目由政府承担并以引导和撬动市场资金为主,非公益项目则以利益驱动公平竞争;着力构建多种融资平台,形成以政策性金融为主导、以商业性金融为主体的多元化融资体系,优化配置各类金融资源。%Urbanization is an inevitable trend of development of human society, and China has developed to the intermediate stage of urbanization. At this stage, the process of urbanization will speed up significantly, but the attendant problem is the sprawling of urbanization will need more and more financial support. Because China's fiscal resources which could be used to support urbanization are limited, it seems to be more important to seek the path of financial support through both of the theoretical and empirical sides. This paper makes significant improvement on the base of previous studies. This paper uses the method of grey correlation analysis to test the effect of different types of financial support. The index system of urbanization is divided into two first-level indicators which contain the scale and quality of urbanization, and seven two-level indicators. The

  14. Preventing Financial Crime

    DEFF Research Database (Denmark)

    Boll, Karen

    This paper investigates the Swedish tax authority’s (Skatteverkets) compliance initiative called Preventing Financial Crime. In Sweden tax evasion related to organised moon-lighting is defined as a major risk to the revenue collection and to the legitimacy of Skatteverket. The traditional approach...... to abating such tax evasion has been reformed and a new mix-method approach adopted. This approach combines a proactive strategy—Preventing Financial Crime—with a reactive inspection strategy. During one a month of intensive fieldwork in Sweden, I studied the daily work in Preventing Financial Crime. Based...

  15. Framing financial culture

    DEFF Research Database (Denmark)

    Just, Sine Nørholm; Mouton, Nicolaas T.O.

    2014-01-01

    between competing frames leads to the conclusion that this political “blame game” is related to struggles over how to define the scandal, how to conceptualize its causes, and policy recommendations. Banks may have lost the battle of “Liborgate,” but the war over the meaning of financial culture is far...... from over. Originality/value – The paper is theoretically and methodologically original in its combination of the theories of framing and stasis, and it provides analytical insights into how sense is made of financial culture in the wake of the financial crisis....

  16. Financial Hub? Be Patient!

    Institute of Scientific and Technical Information of China (English)

    Guo Yan

    2009-01-01

    @@ In 2009,the central government confirmed the strategic significance of Shanghai as an international financial center.Until now.Shanghai's financial cluster has attracted more and more foreign banks to establish roots jn Shanghai,which has contributed to their rapid development in recent years.The announcement undoubtedly made foreign banks confident of great development potential in the future.But what opportunities could they catch?Also,will this weaken the position of Hong Kong as an International financial center?China's Foreign Trade invited Ms.Katherine Tsang,chief executive officer of Standard Chartered China to share with us her point of view.

  17. Financial Markets and Persistence

    CERN Document Server

    Jain, S

    2005-01-01

    Persistence is studied in a financial context by mapping the time evolution of the values of the shares quoted on the London Financial Times Stock Exchange 100 index (FTSE 100) onto Ising spins. By following the time dependence of the spins, we find evidence for power law decay of the proportion of shares that remain either above or below their ` starting\\rq values. As a result, we estimate a persistence exponent for the underlying financial market to be $\\theta_f\\sim 0.5$.

  18. Persistence in financial markets

    Science.gov (United States)

    Jain, S.; Buckley, P.

    2006-03-01

    Persistence is studied in a financial context by mapping the time evolution of the values of the shares quoted on the London Financial Times Stock Exchange 100 index (FTSE 100) onto Ising spins. By following the time dependence of the spins, we find evidence for power law decay of the proportion of shares that remain either above or below their 'starting' values. As a result, we estimate a persistence exponent for the underlying financial market to be θf˜0.5.

  19. Egypt & Financial Crisis

    OpenAIRE

    2011-01-01

    Financial crisis that occurred in August 2008 was unforeseen, sudden, sharp, and had a great impact on the global financial market. Egypt is one of the countries was affected by this financial crisis as a market economy country, and WTO member. in this paper I will try to study the implication of such crisis on the Egyptian economy in the fields of tourism, Suez canal, oil field, and GDP, not only the economy factor were effected, but also the Egyptian market represented in its compon...

  20. Financial constraints to enterprise investments: an international analysis on financial accounts of OECD countries”

    OpenAIRE

    Cinquegrana, Giuseppe; De Rita, Paola

    2012-01-01

    Since the ’80s, economic literature has stressed the importance of external financing on enterprises’ investment decisions; in particular the pecking order theory highlighted the existence of a hierarchy of financing sources, an approach that originates from the existence of asymmetric information between fund borrowers and lenders. The presence of effective financial constraints to the realisation of investments of productive units was reasserted in the work by Fazzari, Hubbard a...

  1. Are financial benefits of financial globalization questionable until greater domestic financial development has taken place?

    OpenAIRE

    Simplice A., Asongu

    2012-01-01

    Purpose – The issue of which financial initial conditions are necessary to materialize the benefits of financial globalization remains open to debate in the literature. In this paper, we try to put some empirical structure on the concept of financial threshold conditions in order to give policymakers guidance on the Kose et al.(2011) and Henry(2007) hypothesis. Its object is to assess if financial benefits of financial globalization are questionable until greater domestic financial developme...

  2. Bankruptcy of the company as a consequence of manipulative financial reporting

    Directory of Open Access Journals (Sweden)

    Bešlić Dragana

    2013-01-01

    Full Text Available Business of companies in terms of financial instability and market uncertainty can lead to a significant increase in bankruptcy risk and the risk of financial statements manipulation. A creative accounting practice has led many companies in the world to bankruptcy. Creative accounting means all accounting practices that deliberately deviate from the standardized ones, in order for the external users to be presented with the desired, not the actual yield and the financial strength of the company. Numerous corporate accounting scandals were the cause for initiatives to strengthen the protection of shareholders and all other interested users of financial statements (investors, creditors, tax authorities, etc. from manipulative financial reporting in countries around the world. In such circumstances, responsibility for the detection and prevention of possible manipulation with the data presented in the financial statements have: external and forensic audit, internal control and management of the company, accountants - forensics and state.

  3. Financial Regulatory Reform: Consumer Financial Protection Proposals

    Science.gov (United States)

    2010-05-26

    decisions subject to judicial review.40 Any generally applicable state consumer law would apply to national banks and thrifts unless it discriminates...provided by existing powers that the bill would transfer from another regulator to the CFPA or an enumerated consumer law , such as the Truth in Lending Act...against them (presumably to the benefit of state-chartered financial institutions) or conflicts with the Act.41 Additionally, any state consumer

  4. Morocco - Financial Services

    Data.gov (United States)

    Millennium Challenge Corporation — The final evaluation of the Financial Services Project (FSP), undertaken by North South Consultants Exchange (NSCE), was undertaken from 17 April to end of September...

  5. Roles of Government for Improving Efficiency of Local Financial Support for Agriculture Based on GuangxiAutonomous Region%政府对提高地方财政支农资金效率的重要作用——以广西壮族自治区为例

    Institute of Scientific and Technical Information of China (English)

    刘梦灿

    2011-01-01

    Agriculture is a primary economy task for the government.Local financial support for agriculture is an important measure to reduce farmers' burden and advance rural development.In recent years,with the growth of economic aggregate,the government constantly increases financial support for agriculture,which greatly promotes national or regional economic growth.On the other hand,the total efficiency is low in financial support for agriculture.To sum up,the government of Guangxi Autonomous Region should play its role in increasing efficiency of financial support for agriculture,improve management system to make more funds flow into agriculture,and increase the overall benefits of financial support for agriculture.%“三农”是政府经济工作中的重中之重,而地方财政支农又是减轻农民负担,促进农村经济社会的发展的一项重要措施。随着经济总量的不断增长,近年来政府对财政支农力度不断加大,对全国或者区域农业经济增长都起到了巨大的推动作用,同时也存在财政支农资金的整体效率不高等诸多问题。要解决这一问题,自治区政府应在提高财政支农资金效率方面发挥主导作用,加大财政支农资金投入力度,合理调整财政支农资金结构,完善财政支农资金管理体制,使支农资金能够更充分的流入支农领域。提高财政支农资金的总体效益。

  6. Financial Coaching's Potential for Enhancing Family Financial Security

    Science.gov (United States)

    Collins, J. Michael; Olive, Peggy; O'Rourke, Collin M.

    2013-01-01

    Financial coaching is an emerging complement to financial education and counseling. As defined in this article, financial coaching is a process whereby participants set goals, commit to taking certain actions by specific dates, and are then held accountable by the coach. In this way, financial coaching is designed to help participants bridge the…

  7. Financial Literacy as the Foundation for Individual Financial Behavior

    Science.gov (United States)

    Dwiastanti, Anis

    2015-01-01

    Research that is dealing with financial literacy turns to be such an important thing to be conducted. It is due to the fact that financial literacy level of Indonesian society is still very low. A good financial literacy is necessary for every individual to manage his/her finances to achieve prosperity. To have a good level of financial literacy,…

  8. Financial Coaching's Potential for Enhancing Family Financial Security

    Science.gov (United States)

    Collins, J. Michael; Olive, Peggy; O'Rourke, Collin M.

    2013-01-01

    Financial coaching is an emerging complement to financial education and counseling. As defined in this article, financial coaching is a process whereby participants set goals, commit to taking certain actions by specific dates, and are then held accountable by the coach. In this way, financial coaching is designed to help participants bridge the…

  9. The impact of external donor support through the U.S. President's Emergency Plan for AIDS Relief on the cost of red cell concentrate in Namibia, 2004-2011

    NARCIS (Netherlands)

    Pitman, John P.; Bocking, Adele; Wilkinson, Robert; Postma, Maarten J.; Basavaraju, Sridhar V.; von Finckenstein, Bjorn; Mataranyika, Mary; Marfin, Anthony A.; Lowrance, David W.; Smit Sibinga, Cornelis

    2015-01-01

    BACKGROUND: External assistance can rapidly strengthen health programmes in developing countries, but such funding can also create sustainability challenges. From 2004-2011, the U.S. President's Emergency Plan for AIDS Relief (PEPFAR) provided more than $8 million to the Blood Transfusion Service of

  10. Vanishing Financial Contagion?

    OpenAIRE

    Didier, Tatiana; Mauro, Paolo; Schmukler, Sergio L.

    2008-01-01

    While a number of crises in emerging markets generated widespread contagion in financial markets during the 1990s, more recent crises (notably, in Argentina) have been mostly contained within national borders. This has led some observers to wonder whether contagion might have become a feature of the past, with financial markets now better discriminating between emerging countries with good and bad fundamentals. Available data suggest that the main channels that contribute to transmitting fina...

  11. Chaotic Financial Tornadoes

    Science.gov (United States)

    Jakimowicz, Aleksander

    In contemporary economies classic business cycles are increasingly changing their form undergoing a transformation into phenomena that have been nicknamed financial tornados. A generalization of the Lotka-Volterra model can be used to describe these fast-changing processes. Economically speaking, the most useful are such dynamical systems in which wormholes appear. This article features application of a model with one population of prey and two populations of predators in order to explain the global financial crisis and the consequent phenomena.

  12. Steps Toward Financial Viability

    Institute of Scientific and Technical Information of China (English)

    2010-01-01

    @@ If the world learns one lesson from the financial crisis,it should be this: The global economy needs a more disciplined financial system.To accomplish this,more reforms should be carried out.The World Economic and Social Survey 2010,a recent report by the Department of Economic and Social Affairs of the United Nations,outlined this issue.Edited excerpts follow:

  13. THE FINANCIAL SECTOR IN THE FINANCIAL SYSTEM ECONOMY: THEORETICAL ASPECTS

    Directory of Open Access Journals (Sweden)

    Yu. Kovalenko

    2015-06-01

    Full Text Available Broad and narrow approaches of the financial system are obtained. The difference between the financial system and the financial sector (the fi-nancial corporations sector is shown. Organizational and institutional matrix of the financial system of the economy is proposed. Key positions of institutional sectors classification of Ukraine’s economy are analyzed, as well as the System of National Accounts with respect to the financial sec-tor of corporations. The structure of the sector of financial corporations in Ukraine is defined.

  14. East Asian Financial Cycles: Asian vs. Global Financial Crises

    OpenAIRE

    Akira Kohsaka; Jun-ichi Shinkai

    2014-01-01

    We examine the role of financial shocks in business cycles in general and in financial crises in particular in East Asia (Indonesia, Korea, Malaysia and Thailand) since the 1990s. Estimating a Financial Conditions Index, we found that financial shocks explain most of business downturns in all the economies in the Asian Financial Crisis (AFC) in 1997-98, but that the effects of financial shocks are diverse across economies in the Global Financial Crisis (GFC) in 2008-09. In the GFC, the financ...

  15. Environmental external effects from wind power based on the EU ExternE methodology

    DEFF Research Database (Denmark)

    Ibsen, Liselotte Schleisner; Nielsen, Per Sieverts

    1998-01-01

    The European Commission has launched a major study project, ExternE, to develop a methodology to quantify externalities. A “National Implementation Phase”, was started under the Joule II programme with the purpose of implementing the ExternE methodology in all member states. The main objective...

  16. Financial Performance Analysis Of Financial Service Cooperative

    Directory of Open Access Journals (Sweden)

    Eyo Asro Sasmita

    2015-08-01

    Full Text Available This research is aimed to test and identify empirical evidence regarding the effect of capital structure and loan to financial performance of cooperative where the relationship between loan and financial performance is moderated by non-performing loan. The population of this research is 257 Financial Service Cooperative hereinafter referred to as KJK as the abbreviation for Koperasi Jasa Keuangan of Urban Village Community Economic Empowerment hereinafter referred to as PEMK as the abbreviation for Pemberdayaan Ekonomi Masyarakat Kelurahan in Jakarta 2011 to 2013. Sample is determined by using purposive sampling method. The data is secondary data which is obtained from the Revolving Fund Management Unit hereinafter referred to as UPDB as the abbreviation for Unit Pengelola Dana Bergulir Jakarta. Hypothesis is tested by using multiple linear regression analysis with SPSS 20.00. The number of sample used in this research is 120. Research findings explain that 1 Capital Structure hereinafter referred to as SM as the abbreviation for Struktur Modal has positive and significant impact on financial performance hereinafter referred to as KIN as the abbreviation for Kinerja Keuangan because the probability value of 0000 is smaller than amp945 0.05. Calculation shows that if the capital structure rises 1 assuming that the loan and non-performing loan variables remain the same then the financial performance will increase 0.017. 2 Loans hereinafter referred to as PIN as the abbreviation for Pinjaman given has positive and significant impact on KIN because the probability value of 0001 is smaller than amp945 0.05. If the loan rises 1 assuming that the capital structure and non-performing loan variables remain the same then the KIN will increase 0.013. 3 Non-performing loan has negative and significant effect on KIN because the probability value of 0000 is smaller than amp945 0.05. PBR varible increase 1 assuming that the loan and capital structure variables

  17. Consequences of Uncertainty for Regulation: Law and Economics of the Financial Crisis

    NARCIS (Netherlands)

    A.M. Pacces (Alessio)

    2010-01-01

    textabstractAbstract This article analyzes the last financial crisis focussing on the recurrent dynamics of externalities in banking. It shows that two major determinants of the crisis were the uncertainty of a new form of financial intermediation and the failure of regulation to cope with its exter

  18. Effects of financing on the investment of Dutch SMEs during the financial crisis

    NARCIS (Netherlands)

    Zubair, Siraj

    2013-01-01

    This study investigates the effect of the recent financial crisis on the investment of Dutch SMEs (small and medium sized enterprises). Precisely, the focus is on the availability of internal finance and external finance of Dutch SMEs and their effect on the investments during the recent financial c

  19. Effects of financing on the investment of Dutch SMEs during the financial crisis

    NARCIS (Netherlands)

    Zubair, Sirazul

    2013-01-01

    This study investigates the effect of the recent financial crisis on the investment of Dutch SMEs (small and medium sized enterprises). Precisely, the focus is on the availability of internal finance and external finance of Dutch SMEs and their effect on the investments during the recent financial c

  20. Financial Openness and Employment: The Need for Coherent International and National Policies.

    NARCIS (Netherlands)

    R.E. van der Hoeven (Rolph); M. Lübker (Malte)

    2006-01-01

    textabstractAbstract: External financial liberalization has led to a surge in international capital flows since the early 1990s. While the direct growth benefits of financial openness are unclear, it has led developing countries to engage in costly reserve accumulation on an unprecedented scale. Alt

  1. Effects of financing on the investment of Dutch SMEs during the financial crisis

    NARCIS (Netherlands)

    Zubair, Sirazul

    2013-01-01

    This study investigates the effect of the recent financial crisis on the investment of Dutch SMEs (small and medium sized enterprises). Precisely, the focus is on the availability of internal finance and external finance of Dutch SMEs and their effect on the investments during the recent financial

  2. Brazil: an economy caught in a financial trap (1993-2003)

    OpenAIRE

    Bibiana Medialdea

    2013-01-01

    In the early 1990s, Brazil entered a financialized economic dynamic in which short-term financial valorization generated by the issuing of guaranteed public debt overshadowed the entire economy. This article analyzes Brazilian economic processes between 1993 and 2003, in particular the bi-directional relationship with external vulnerability, erratic international financing behavior and how State actions to obtain and maintain these resources fostered financialization. As a result, the entire ...

  3. Revisiting the financial crisis

    Institute of Scientific and Technical Information of China (English)

    黄明

    2009-01-01

    Recently,the media and commentators have saturated us with talk of the subprimeinduced financial debacle. Yet,some basic questions remain unanswered:why did almost all of the"market doorkeepers"fail to function in the crisis? Why did the financial intermediaries,such as investment banks selling complex derivatives,go under? Why did the crisis cause such far-reaching repercussions? What seed did U.S.Treasury Secretary Henry Paulson sow for the fiasco to rage globally? What does the future hold for financial regulation? In the face of the tempestuous"financial tsunami,"what lessons should China learn and how should the country develop a more secure capital market? Unlike other macroeconomists, Dr.Huang Ming proceeds from a micro perspective to sort out the financial mess along the logical chain within the capital market.In this interview,Dr.Huang presents a clear and unsettling look at the breakout,transmission and spreading path of the financial crisis

  4. 15 CFR 14.21 - Standards for financial management systems.

    Science.gov (United States)

    2010-01-01

    ...) Accounting records including cost accounting records that are supported by source documentation. (c) Where... financial data to performance data and develop unit cost information whenever practical. (b) Recipients' financial management systems shall provide for the following: (1) Accurate, current and complete...

  5. 18 CFR 351.1 - Financial statements released by carriers.

    Science.gov (United States)

    2010-04-01

    ... Commission, based on generally accepted accounting principles for which there is authoritative support... 18 Conservation of Power and Water Resources 1 2010-04-01 2010-04-01 false Financial statements... REGULATORY COMMISSION, DEPARTMENT OF ENERGY ACCOUNTS UNDER THE INTERSTATE COMMERCE ACT FINANCIAL...

  6. Construction Management Program Builds Financial Development from the Ground up

    Science.gov (United States)

    Nobe, Michael D.; Shuler, Scott; Grosse, Larry

    2007-01-01

    Recent economic and legislative changes have hit higher education hard and threaten the financial viability of many educational programs nationwide. With state support dwindling to less than 10 percent in some cases, institutions across the nation face a financial crisis. Many strategies have been explored and implemented, from campaigns to…

  7. Institutional management of core facilities during challenging financial times.

    Science.gov (United States)

    Haley, Rand

    2011-12-01

    The economic downturn is likely to have lasting effects on institutions of higher education, prioritizing proactive institutional leadership and planning. Although by design, core research facilities are more efficient and effective than supporting individual pieces of research equipment, cores can have significant underlying financial requirements and challenges. This paper explores several possible institutional approaches to managing core facilities during challenging financial times.

  8. Improving processes in financial service organizations: where to begin?

    NARCIS (Netherlands)

    J. Lokkerbol; R.J.M.M. Does; J. de Mast; M. Schoonhoven

    2012-01-01

    Purpose - The purpose of this paper is to create actionable knowledge, thereby supporting and stimulating practitioners to improve processes in the financial services sector. Design/methodology/approach - This paper is based on a case base of improvement projects in financial service organizations.

  9. Improving processes in financial service organizations: where to begin?

    NARCIS (Netherlands)

    Lokkerbol, J.; Does, R.J.M.M.; de Mast, J.; Schoonhoven, M.

    2012-01-01

    Purpose - The purpose of this paper is to create actionable knowledge, thereby supporting and stimulating practitioners to improve processes in the financial services sector. Design/methodology/approach - This paper is based on a case base of improvement projects in financial service organizations.

  10. Rethinking the International Financial System: Views from the South.

    Science.gov (United States)

    Zhou, Yiping, Ed.

    1999-01-01

    Considerable resources have been spent to rescue a few countries from crises caused by dramatic shifts in financial inflows and outflows. Measures should be sought to render the institutions and mechanisms of international financial transactions more transparent, accountable, and supportive of the delicate balance between short-term stability and…

  11. Competition and Spillover Effect between Financial Support and Regional Innovation%金融支撑与区域创新的竞争和溢出效应——基于空间杜宾误差模型的研究

    Institute of Scientific and Technical Information of China (English)

    姜磊; 柏玲; 季民河

    2012-01-01

    区域创新需要金融体系支持,中国区域创新和金融体系呈现极大的空间差异性。本文将将金融支持体系划分为金融规模、金融效率和金融结构三个纬度,借助空间杜宾误差模型考察了中国大陆31个省域金融支持体系对区域创新的影响。结果表明:区域创新呈现出显著的空间自相关性;研发经费投入促进了创新的提高,但地区之间存在竞争效应;研发人员投入有利于创新产出,且地区之间存在知识溢出效应。金融规模、金融效率和金融结构对区域创新的贡献存在差异,金融规模越大,越有利于区域创新提高,同时,由于溢出效应也带动邻近地区创新发展;金融效率较低,与创新呈现负相关关系,邻近地区金融效率变量也未能通过溢出效应推动创新发展;金融结构变量则不显著,可能反映我国资本市场存在一些深层次的问题。最后,根据研究的结果提出了若干金融改革政策建议,进一步促进中国创新整体水平的提高。%Regional innovation is supported by financial system, and huge spatial disparities present on regional innovation and financial system of China. We classify the financial system into three aspects which are financial scale, financial efficiency and financial structure. The effect of financial system on regional innovation has been analyzed in China, based on the Spatial Durbin Error Model (SDEM). The results show that the indicator of regional innovation has a significant spatial autoeorrelation feature. R&D input boosts the level of regional innovation and competition ef- fect appears between the contiguous regions. Research human capital input expedites the output of regional innovation and knowledge spillover effect highlights between the regions of contiguity. The larger financial scale, the more im- provement of innovation makes. As such, the level of innovation of contiguity enhances for the

  12. Liquidity management and corporate investment during a financial crisis

    NARCIS (Netherlands)

    Campello, M.; Giambona, E.; Graham, J.R.; Harvey, C.R.

    2011-01-01

    This article uses a unique dataset to study how firms managed liquidity during the 2008- 2009 financial crisis. Our analysis provides new insights on interactions between internal liquidity, external funds, and real corporate decisions, such as investment and employment. We first describe how

  13. Reportable Creation: value, performance and risk measurement in financial reporting

    NARCIS (Netherlands)

    N.G. de Jager

    2006-01-01

    textabstractReporting on value or reporting value-relevant information unavoidably implies that estimates of future cash flows should be made. Consequently, uncertainty becomes an important factor in (external) financial reporting. For a long time, uncertainty was dealt with by substituting relevant

  14. Reportable Creation: value, performance and risk measurement in financial reporting

    NARCIS (Netherlands)

    N.G. de Jager

    2006-01-01

    textabstractReporting on value or reporting value-relevant information unavoidably implies that estimates of future cash flows should be made. Consequently, uncertainty becomes an important factor in (external) financial reporting. For a long time, uncertainty was dealt with by substituting relevant

  15. Impact of Financial Liberalization on Financial Depth in Iraq

    OpenAIRE

    Ammar Hamad Khalaf

    2011-01-01

    This paper examines the Mackinnon-Show hypothesis i.e. financial liberalization promotes financial depth in case of Iraq. Iraq launched a comprehensive program of economic and financial liberalization since 2003. Thus, this paper aims to answer the key question that “is financial liberalization stimulated the financial depth in Iraq?”. By applying the ARDL Autoregressive Distributed Lag model on quarterly data during the period 2005- 2010, the paper finds that the liberalization of interest r...

  16. Framework for financial ratio analysis of audited federal financial reports

    OpenAIRE

    Brady, Richard T.

    1999-01-01

    Federal agencies have traditionally prepared financial reports to monitor and report the obligation and expenditure of federal funding. With the passage of the Chief Financial Officers Act of 1990, Congress called for the production of financial statements that fully disclose a federal entity's financial position and results of operations. The disclosure of this type of information, it was believed, would enable decision-makers to understand the financial implications of budgetary, policy and...

  17. Externality or sustainability economics?

    Energy Technology Data Exchange (ETDEWEB)

    Bergh, Jeroen C.J.M. van den [ICREA, Barcelona (Spain); Department of Economics and Economic History and Institute for Environmental Science and Technology, Universitat Autonoma de Barcelona (Spain)

    2010-09-15

    In an effort to develop 'sustainability economics' Baumgaertner and Quaas (2010) neglect the central concept of environmental economics-'environmental externality'. This note proposes a possible connection between the concepts of environmental externality and sustainability. In addition, attention is asked for other aspects of 'sustainability economics', namely the distinction weak/strong sustainability, spatial sustainability and sustainable trade, distinctive sustainability policy, and the ideas of early 'sustainability economists'. I argue that both sustainability and externalities reflect a systems perspective and propose that effective sustainability solutions require that more attention is given to system feedbacks, notably other-regarding preferences and social interactions, and energy and environmental rebound. The case of climate change and policy is used to illustrate particular statements. As a conclusion, a list of 20 insights and suggestions for research is offered. (author)

  18. Metasurface external cavity laser

    Energy Technology Data Exchange (ETDEWEB)

    Xu, Luyao, E-mail: luyaoxu.ee@ucla.edu; Curwen, Christopher A.; Williams, Benjamin S. [Department of Electrical Engineering, University of California, Los Angeles, California 90095 (United States); California NanoSystems Institute, University of California, Los Angeles, California 90095 (United States); Hon, Philip W. C.; Itoh, Tatsuo [Department of Electrical Engineering, University of California, Los Angeles, California 90095 (United States); Chen, Qi-Sheng [Northrop Grumman Aerospace Systems, Redondo Beach, California 90278 (United States)

    2015-11-30

    A vertical-external-cavity surface-emitting-laser is demonstrated in the terahertz range, which is based upon an amplifying metasurface reflector composed of a sub-wavelength array of antenna-coupled quantum-cascade sub-cavities. Lasing is possible when the metasurface reflector is placed into a low-loss external cavity such that the external cavity—not the sub-cavities—determines the beam properties. A near-Gaussian beam of 4.3° × 5.1° divergence is observed and an output power level >5 mW is achieved. The polarized response of the metasurface allows the use of a wire-grid polarizer as an output coupler that is continuously tunable.

  19. Financial Incentives to Promote Active Travel

    Science.gov (United States)

    Martin, Adam; Suhrcke, Marc; Ogilvie, David

    2012-01-01

    Context Financial incentives, including taxes and subsidies, can be used to encourage behavior change. They are common in transport policy for tackling externalities associated with use of motor vehicles, and in public health for influencing alcohol consumption and smoking behaviors. Financial incentives also offer policymakers a compromise between “nudging,” which may be insufficient for changing habitual behavior, and regulations that restrict individual choice. Evidence acquisition The literature review identified studies published between January 1997 and January 2012 of financial incentives relating to any mode of travel in which the impact on active travel, physical activity, or obesity levels was reported. It encompassed macroenvironmental schemes, such as gasoline taxes, and microenvironmental schemes, such as employer-subsidized bicycles. Five relevant reviews and 20 primary studies (of which nine were not included in the reviews) were identified. Evidence synthesis The results show that more-robust evidence is required if policymakers are to maximize the health impact of fiscal policy relating to transport schemes of this kind. Conclusions Drawing on a literature review and insights from the SLOTH (sleep, leisure, occupation, transportation, and home-based activities) time-budget model, this paper argues that financial incentives may have a larger role in promoting walking and cycling than is acknowledged generally. PMID:23159264

  20. Valuing the Implementation of Financial Literacy Education

    Science.gov (United States)

    Davis, Kimberlee; Durband, Dorothy Bagwell

    2008-01-01

    Placing a monetary value on education is a complex task. A more difficult task is to determine at what monetary level individuals will support educational improvements. The contingent valuation method was used to estimate the value of the implementation of financial literacy education in Texas public schools. A Web-based survey was administered to…

  1. Estimating Acceptability of Financial Health Incentives

    Science.gov (United States)

    Bigsby, Elisabeth; Seitz, Holli H.; Halpern, Scott D.; Volpp, Kevin; Cappella, Joseph N.

    2017-01-01

    A growing body of evidence suggests that financial incentives can influence health behavior change, but research on the public acceptability of these programs and factors that predict public support have been limited. A representative sample of U.S. adults (N = 526) were randomly assigned to receive an incentive program description in which the…

  2. An Exploration on the Relationship Lending and Financial Support of the "Agriculture, Countryside and Famers"%关系型借贷与金融支持“三农”的探索——以福建省农信社为例

    Institute of Scientific and Technical Information of China (English)

    王芳

    2011-01-01

    Relationship lending promotes to solve the problem of insufficient collateral and lack of "hard information", and effectively alleviates the financing dilemma and becomes the formal financial institutions' primary selection of technology while they financial support for " Agriculture, Countryside and Famers". At present, the credit gap of Fujian "Agriculture, Countryside and Famers" is great. From the perspective of financing techniques, we will improve the loan accessibility, so it will has positive significance in the development of the formal financial support for agriculture.%关系型借贷有助于解决抵押品不足、“硬信息”缺乏等问题,从而有效缓解融资困境,成为正规金融机构支持“三农”的主选技术。目前,福建“三农”的信贷缺口较大,如果能从融资技术的角度出发,改善贷款的可得性,则对探索正规金融机构发展关系型借贷支持“三农”、积极投身海西新农村建设颇具积极意义。

  3. Toward a Theory of the Financial Supply Chain

    DEFF Research Database (Denmark)

    Kreis, Yvonne; Tate, Wendy; Bals, Lydia

    Despite a strong interrelationship between financial flows and material flows within an economy, present literature assumes that physical flows in supply chains are the primary flows supported by financial and information auxiliary flows. This assumption has been challenged during the debt crisis...... in Greece, which led to severe friction in the (physical) distribution of materials and services due to liquidity shortages. This research takes this event as an opportunity to further understanding about the macro economic context of financial flows in supply chains as well as the interrelationship between...... financial and physical flows....

  4. Financial Incentives to Enable Clean Energy Deployment: Policy Overview and Good Practices

    Energy Technology Data Exchange (ETDEWEB)

    Cox, Sadie [National Renewable Energy Lab. (NREL), Golden, CO (United States)

    2016-02-24

    Financial incentives have been widely implemented by governments around the world to support scaled up deployment of renewable energy and energy efficiency technologies and practices. As of 2015, at least 48 countries have adopted financial incentives to support renewable energy and energy efficiency deployment. Broader clean energy strategies and plans provide a crucial foundation for financial incentives that often complement regulatory policies such as renewable energy targets, standards, and other mandates. This policy brief provides a primer on key financial incentive design elements, lessons from different country experiences, and curated support resources for more detailed and country-specific financial incentive design information.

  5. A Review of the Research on the Financial Support for the Construction of Urban Cultural Industry and Cultural Market%城市文化产业与文化市场建设金融支持研究评述

    Institute of Scientific and Technical Information of China (English)

    公磊; 胡健

    2016-01-01

    文章根据城市化、文化产业、文化市场和金融支持四者之间的关系,梳理和总结文化产业和文化市场发展的国内外研究成果,发现相关研究主要集中在城市文化产业与文化市场问题研究、城市文化产业发展的金融支持和城市文化市场的金融服务体系建设等三个方面,而关于城市文化产业与文化市场建设金融支持的研究成果不多。因此,可从我国现阶段社会发展特征出发,从文化产业发展及文化市场建设互动关系入手,来探寻我国城市文化产业与文化市场建设金融支持的有效途径。%By collecting and analyzing the domestic and foreign literatures related the development of cultur‐al industry and prosperity of cultural market on the basis of the relationships among urbanization ,cultural industry ,cultural market and financial support ,the paper found that the research mainly focused on urban cultural industry and cultural market studies ,financial support on urban cultural industry and construction of financial service system for urban cultural market ,but less focused on financial support for the construc‐tion of urban cultural industry and cultural market .Therefore ,the future research can be focused on ex‐ploring the effective ways of financial support for the construction of urban cultural industry and cultural market in China starting from the interaction relationship between development of cultural industry and construction of cultural market combining with the present characteristics of our social development .

  6. Rethinking Consumer Protection Policy in Financial Markets

    Directory of Open Access Journals (Sweden)

    Liran Haim

    2013-10-01

    would require every financial institution branch to publicly post a service quality ranking assigned by the regulator. I also support a trust-oriented licensing policy that would encourage the inclusion of new trustworthy financial institutions in the market and offer the implementation of a new regime for supervising financial product contract terms.                 

  7. Climate Information Needs for Financial Decision Making

    Energy Technology Data Exchange (ETDEWEB)

    Higgins, Paul [American Meteorological Society, Washington, DC (United States)

    2013-11-19

    Climate Information Needs for Financial Decision Making (Final Report) This Department of Energy workshop award (grant #DE-SC0008480) provided primary support for the American Meteorological Society’s study on climate information needs for financial decision making. The goal of this study was to help advance societal decision making by examining the implications of climate variability and change on near-term financial investments. We explored four key topics: 1) the conditions and criteria that influence returns on investment of major financial decisions, 2) the climate sensitivity of financial decisions, 3) climate information needs of financial decision makers, and 4) potential new mechanisms to promote collaboration between scientists and financial decision makers. Better understanding of these four topics will help scientists provide the most useful information and enable financial decision makers to use scientific information most effectively. As a result, this study will enable leaders in business and government to make well-informed choices that help maximize long-term economic success and social wellbeing in the United States The outcomes of the study include a workshop, which brought together leaders from the scientific and financial decision making communities, a publication of the study report, and a public briefing of the results to the policy community. In addition, we will present the results to the scientific community at the AMS Annual Meeting in February, 2014. The study results were covered well by the media including Bloomberg News and E&E News. Upon request, we also briefed the Office of Science Technology Policy (OSTP) and the Council on Environmental Quality (CEQ) on the outcomes. We presented the results to the policy community through a public briefing in December on Capitol Hill. The full report is publicly available at www.ametsoc.org/cin. Summary of Key Findings The United States invests roughly $1.5 trillion U.S. dollars (USD) in

  8. Efficiency Analysis of Financial Management Administration of ABC Hospital using Financial Ratio Analysis Method

    Directory of Open Access Journals (Sweden)

    Jonny Jonny

    2016-05-01

    Full Text Available This paper evaluated the financial performance of ABC hospital within the period of 2012 to 2013. To overcome the problems faced by the hospital related to how to measure and presented its financial performance in which financial ratio analysis was undertaken. These financial ratios were employed to measure the liquidity, assets utilization, long-term solvency and profitability of the hospital. This analysis was conducted in order to prove whether the hospital has been managed efficiently or not in accordance to Indonesian Hospital Quality Accreditation as stated in its clause on Administration Standard No. 5 Parameter No. 3 that the hospital financial management shall be conducted in appropriate way in order to guarantee its operation efficiently. The result showed that overall financial performance of ABC hospital increased considerably in those two years of the analysis. A significant change was occurred on its solvency ratio which was decreased from -2% to -8%, indicating its loose dependency due to its founder’s strong financial support. Therefore, based on this favorable result, the hospital was regarded to have efficient hospital management and thus, together with other standard fulfillment, it was accredited by Indonesian Health Ministry.

  9. The role of social support in the family and community integration of right-hemisphere stroke survivors.

    Science.gov (United States)

    Egbert, Nichole; Koch, Lynn; Coeling, Harriet; Ayers, Denise

    2006-01-01

    The goal of this project was to understand better the communicative processes by which social support can assist right-hemisphere stroke survivors in the process of community integration. Open-ended interviews were conducted with 12 right-hemisphere stroke survivors and their family caregivers. The transcribed interviews revealed 7 challenges (physical, cognitive-perceptual, emotional, relationship, employment, financial, and challenges to activities of daily living) and three types of resources (formal external, informal external, and internal). Stroke survivors' internal resources were shown to be essential for facilitating community integration. Implications for researchers and health care providers are discussed within the framework of Hobfoll's (1988) conservation of resources theory.

  10. Balancing Responsibilities – Financial Literacy

    OpenAIRE

    Gail Pearson; Philip N Stoop; Michelle Kelly-Louw

    2017-01-01

    In Australia there is an obligation to promote the informed participation of financial consumers while in South Africa there is an obligation to educate consumers. The Australian obligation is concerned with the financial system as a whole while the South African obligation has generally been focused on general financial education as a tool to promote financial inclusion. There is no obligation for consumers to attain a minimum standard of literacy in credit or finance generally. Financial li...

  11. The Structure of Financial Regulation

    OpenAIRE

    Bratu Renate Doina; Petria Nicolae

    2011-01-01

    During the current global financial crisis has called into question the role and objectives of the regulation of financial markets and its scope of action. Liberalization of financial services under the impact of globalization and strong innovative character of the financial system, architecture of regulation has generated a change. In this sense, this paper aims to present and evaluate the structure of financial system regulation in the current international context.

  12. Morocco; Financial System Stability Assessment

    OpenAIRE

    International Monetary Fund

    2003-01-01

    The Financial System Stability Assessment of Morocco reviews the reform program that is aimed at establishing a modern, market-oriented financial system that optimizes the mobilization of savings and the allocation of financial resources. It reviews the modernization of the banking sector and the development of competition within the sector, development of financial markets, and removal of constraints on financial system activity. It also provides reports on the Observance of Standards and Co...

  13. Non performing loans: Obstacles within financial and economy sector

    Directory of Open Access Journals (Sweden)

    Mitrović Ranka

    2014-01-01

    Full Text Available Growth and development of company depend on the adequate selection of financial resources and optimization of financial structure. In other words, the success of a company is determined by the choice of high-quality financial sources and their maturity adjustment. In developed economic and developed financial systems, companies have a wide range of financial sources: emissions of shares, bonds, emissions of other long-term and short-term securities, borrowing from the bank and alternative sources of financing. However, the developing countries and undeveloped countries addressed to financial resources of investors and loans from banking institutions. In this context, it is necessary to build a stable banking system, which will support the strategic development of the company and provide daily liquidity of companies.

  14. Financial Difficulty Effects on Depressive Symptoms Among Dementia Patient Caregivers.

    Science.gov (United States)

    Nam, Ilsung

    2016-11-01

    The financial difficulty of dementia caregivers and its effects on mental health has gained increasing attention from researchers. The present study examines the longitudinal relationship between financial difficulty and the depressive symptoms of dementia caregivers using matching methods to account for potential selection bias. Propensity score matching methods and mixed-effects models were used to determine the effects of financial difficulty on depressive symptoms among caregivers participating in the Resources for Enhancing Alzheimer's Caregiver Health (REACH) intervention program. Propensity score matching confirmed that caregivers experiencing financial difficulty were more likely to have depressive symptoms. The results suggest that dementia caregivers require support for their financial difficulty. Future research should fully examine the complex relationship between financial difficulty and the mental health of caregivers and how this issue can be addressed through assessment and intervention methods.

  15. The Indirect Costs of Financial Distress in Indonesia

    Directory of Open Access Journals (Sweden)

    Wijantini Wijantini

    2007-06-01

    Full Text Available This paper presents quantitative estimates of the indirect cost of financial distress and its determinants. In order to measure the cost, this study estimates the annualized changes in industry-adjusted operation profit and sales from a year before the onset of distress to the resolution year. Using those approaches, the median of indirect financial distress cost is estimated between three and 11 percent annually. To the extent that the direct cost of financial distress reduces reported operating income, the estimated costs are overstated. The simple regressions analysis suggest that the indirect cost of financial distress significantly increases with size, leverage, number of creditors, and poor industry performance, but is not related to degree of bank loan reliance. The findings provide a weak support for the financial distress theory which suggests that conflicts of interest render the costs of financial distress.

  16. Stochastic Control - External Models

    DEFF Research Database (Denmark)

    Poulsen, Niels Kjølstad

    2005-01-01

    This note is devoted to control of stochastic systems described in discrete time. We are concerned with external descriptions or transfer function model, where we have a dynamic model for the input output relation only (i.e.. no direct internal information). The methods are based on LTI systems...

  17. Productivity Change and Externalities

    DEFF Research Database (Denmark)

    Kravtsova, Victoria

    2014-01-01

    firms and the economy as a whole. The approach used in the current research accounts for different internal as well as external factors that individual firms face and evaluates the effect on changes in productivity, technology as well as the efficiency of domestic firms. The empirical analysis focuses...... change in different types of firms and sectors of the economy...

  18. Multiple external root resorption.

    Science.gov (United States)

    Yusof, W Z; Ghazali, M N

    1989-04-01

    Presented is an unusual case of multiple external root resorption. Although the cause of this resorption was not determined, several possibilities are presented. Trauma from occlusion, periodontal and pulpal inflammation, and resorption of idiopathic origin are all discussed as possible causes.

  19. Financial information processing and development of emerging financial markets

    Institute of Scientific and Technical Information of China (English)

    Shuo BAI; Shouyang WANG; Lean YU; Aoying ZHOU

    2010-01-01

    @@ With the rapid development and globalization of financial markets (especially emerging financial markets), financial information processing has become a hot research area due to its immense practical applications. Such applications include stock market analysis, foreign exchange rate forecasting, option pricing, bank failure prediction, financial risk management, credit rating and scoring, bank loan management, customer relationship management, and antimoney laundering. Accordingly, there has been an increasing demand in using financial information processing techniques for many core financial tasks. Nevertheless, as a new cross-disciplinary field, the existing financial information processing methods are far from practical for scenarios in the global financial market; it is currently not clear how the information processing techniques, which are rapidly emerging, can be used to improve the quality of financial information processing.

  20. Late Financial Distress Process Stages and Financial Ratios

    DEFF Research Database (Denmark)

    Sormunen, Nina; Laitinen, Teija

    2012-01-01

    The present study adds to our understanding and knowledge of financial distress predictions regarding the usefulness of financial ratios in the late stages of the financial distress process. The study contributes to previous research by generating information concerning: (1) the behavior...... and usefulness of single financial ratios in short-term financial distress prediction when the effect of each different financial distress process stage is considered; (2) the effects of recognition of the financial distress process stage on the financial distress prediction model. The time horizon...... for prediction is less than one year, and the empirical data consist of financial statement information from 106 distressed firms undergoing reorganization and their matched counterparts for 2003-2007. To analyze the effects of the specific distress process stage, the sample has been divided into two groups...

  1. Financial Economy and Financial System: Basis of Structural Interconnection

    Directory of Open Access Journals (Sweden)

    Khorosheva Olena I.

    2014-02-01

    Full Text Available The goal of the article lies in identification of grounds of interconnection of the financial economy and financial system. The study was conducted with consideration of main provisions of the theory of finance and concept of financial economy, which is a set of means used in the process of reproduction of finance by their owner for formation and / or maintenance of the own system of values in the viable state. For the first time ever the structure of the financial system is identified as an aggregate of financial economies and financial market. The article justifies a necessity of expansion of boundaries of perception of the state financial economy, which is offered to include public financial economy of the state level and the set of financial economies of the state as a subject of economic activity. Such an approach forms a base for justification of the synthesis of participation of the state in financial relations as the owner and as the basic macro-economic regulator. Prospects of further study in this direction are: development of classification of financial economies; revelation of specific features of impact of shadow finance on development of the national financial economy; and assessment of possibilities of inclusion of structured financial products into the system of values of financial economies in Ukraine.

  2. Supply Chain Optimized Strategies in the Mode of External Financing

    Institute of Scientific and Technical Information of China (English)

    Wenyi; DU; Xingzheng; AI; Xiaowo; TANG

    2015-01-01

    In the circumstance that market demand is uncertain,it studies the decision-making problem of supply chain financial system consisting of the single supplier,a capital constraint retailer and a bank. Considering the mode of external financing,we obtain the optimal order decision of the capital constraint retailer,the optimal financing rate and the optimal wholesale price of the supplier and analyze the effects of owned capitals of retailer on the optimized decision-making of supply chain financial system. At last,it demonstrates the effectiveness of conclusion by numerical examples.

  3. On financial innovation

    Directory of Open Access Journals (Sweden)

    G. VACIAGO

    2013-12-01

    Full Text Available In recent years, in all countries - albeit to varying degrees - many changes have taken place in the financial structure which have accompanied the development of new instruments, markets and financial intermediaries. A growing literature describes and analyses these changes, generically grouped together under the label of "financial innovation". In order to clarify the costs and benefits of what is meant by financial innovation, it is necessary to jointly examine both its causes and its effects. To this end, it is first necessary to consider some very general questions that thus far have yet to be answered in any certain or unambiguous way, if they have been considered in the scientific literature at all. The present work examines the current state of the theory of financial innovation, to then illustrate the main features of the innovation process currently taking place. This leads to some considerations on the resulting implications for the modus operandi of monetary policy and, more generally, for the definition of this policy’s transmission mechanisms.

  4. PROFITABILITY AND FINANCIAL STABILITY

    Directory of Open Access Journals (Sweden)

    CĂRUNTU CONSTANTIN

    2011-09-01

    Full Text Available The business activity allows identifying two categories of flows: flows of results and cash flows. Flows affect the income and expenses, participating in training result, the company's profitability. Financial flows involved in their formation both monetary items (which drive the monetary input or output and thus implies a cash flow, and non-cash items (affecting the result, without leading to a cash flow. Are equally identifiable cash flows that do not involve an immediate effect on the outcome or effect on the result equivalent to that spread on the treasury. Financial equilibrium in a general manner evokes the idea of harmony between different elements of a system, which in finance is harmonization of resources with the needs. Financial equilibrium can be defined by the company's ability to secure payment of its proceeds without interruption to current liabilities incurred in implementing its object of activity or tax laws, so it can avoid the risk of bankruptcy. Maintaining financial stability is the essential condition of survival of the enterprise, financial and balanced assessment must take into account the concrete conditions of the occurrence of default.

  5. FINANCIAL MECHANISM OF SMALL ENTERPRISES STABILITY

    Directory of Open Access Journals (Sweden)

    G.M. Zaloznaya

    2007-03-01

    Full Text Available Rates of growth of parameters of development and role of small enterprises in economy of Russia and its regions today it is much less, than in the developed countries of the world. The significant role in the decision of this problem belongs to the financial mechanism. The complex changes of financial attitudes directed on increase of efficiency of functioning of the enterprises of small business are necessary. In this connection experience of the Orenburg area on formation of system of support of small business is reasonably interesting, and also its involving in development of real sector of economy and the decision of social questions of region.

  6. Financial Crisis Effects on Romanian Economy

    Directory of Open Access Journals (Sweden)

    Magdalena DEDIU

    2009-01-01

    Full Text Available The world economy is under recession. The strong financial turbulences, thecollapses of the main stock exchanges with global extension, the global realestate crises and alimentary problems represent the signs of a fundamentalcorrection within the global economy. To tackle the unprecedented economicstorm, governments across the world have been spending trillions of dollars oneconomic stimulus packages to combat the recession, prompting a debate abouthow eventually to unwind this support. Removing the stimulus measures toosoon could see economies slump again, while leaving them in place too longcould risk stoking inflationary pressures. How world financial crisis manifest inRomania.

  7. Open dynamic behaviour of financial markets

    Science.gov (United States)

    Gong, F. F.; Gong, F. X.; Gong, F. Y.

    2006-02-01

    Open dynamic behaviour of financial markets with internal interactions between agents and with external “fields” from other systems are investigated using the approach of Grossman and Stiglitz for inefficient markets, and Keynes for interference of the market using physics of finance (referred to hereafter as phynance). The simulation results indicate that the NYSE data analyzed in Plerou, V. et al., Nature 421, 130 (2003) can be fitted by an equation of order parameter Φ and local deviation R of type: -(R+0.03) Φ+ 0.6 Φ3 + 0.02 = 0, which is shown to be in remarkable agreement with Plerou's data.

  8. Determining the Real Causes of Financial Crisis in Islamic Economic Perspective: ANP Approach

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    . Ascarya

    2016-04-01

    Full Text Available Objective – The purpose of this study is to determine the real causes of financial crisis from Islamic economic perspective.Methods - This study applies Analytic Network Process (ANP to determine the real causes of financial crisis from Islamic economic perspective to be able to formulate the real solutions to end financial crisis.Results - The ANP results show that the real causes of financial crisis from Islamic economic perspective are Social Instability (EXTERNAL FACTOR, Speculation (MISBEHAVIOR, Ineffective Fiscal System (UNSUSTAINABLE FISCAL SYSTEM, Hedonism (MISBEHAVIOR, Fractional Reserve Banking System (UNSTABLE MONETARY SYSTEM, Political Instability (EXTERNAL FACTOR, Corruption (POOR GOVERNANCE, Interest Rate (UNSTABLE MONETARY SYSTEM, Fiat Money (UNSTABLE MONETARY SYSTEM, and the Wrong Man in the Wrong Place (POOR GOVERNANCE. These main real causes should be removed gradually in order to systematically and gradually improve the stability of financial system so that financial crisis will not reappear again and again in the future.Conclusions - Financial crisis would not happen under Islamic economic system if all Allah’s laws in financial dealings were followed. Financial crisis in conventional economic system could be prevented or lessened by gradually adopting Islamic economic and finance laws and regulations, partly or fully, especially the main pillars of Islamic financial system, namely the prohibition of ribā (usury or interest, prohibition of maysir (gambling and game of chance or speculation and prohibition of gharar (excessive uncertainty, in their many forms.

  9. Persistence and financial markets

    Science.gov (United States)

    Jain, S.

    2007-09-01

    The persistence phenomenon is studied in a financial context by using a novel mapping of the time evolution of the values of shares in a portfolio onto Ising spins. The method is applied to historical data from the London Financial Times Stock Exchange 100 index (FTSE 100) over an arbitrarily chosen period. By following the time dependence of the spins, we find evidence for a power law decay of the proportion of shares that remain either above or below their ‘starting’ values. As a result, we estimate a persistence exponent for the underlying financial market to be ≈0.5. Preliminary results from computer simulations on persistence in the economic dynamics of a toy model appear to reproduce the behaviour observed in real markets.

  10. ISSUERS OF FINANCIAL INSTRUMENTS

    Directory of Open Access Journals (Sweden)

    Cristian GHEORGHE

    2016-05-01

    Full Text Available The rules laid down by Romanian Capital Market Law and the regulations put in force for its implementation apply to issuers of financial instruments admitted to trading on the regulated market established in Romania. But the issuers remain companies incorporated under Company Law of 1990. Such dual regulations need increased attention in order to observe the legal status of the issuers/companies and financial instruments/shares. Romanian legislator has chosen to implement in Capital Market Law special rules regarding the administration of the issuers of financial instruments, not only rules regarding admitting and maintaining to a regulated market. Thus issuers are, in Romanian Law perspective, special company that should comply special rule regarding board of administration and general shareholders meeting.

  11. Using institutional theory to analyse hospital responses to external demands for finance and quality in five European countries.

    Science.gov (United States)

    Burnett, Susan; Mendel, Peter; Nunes, Francisco; Wiig, Siri; van den Bovenkamp, Hester; Karltun, Anette; Robert, Glenn; Anderson, Janet; Vincent, Charles; Fulop, Naomi

    2016-04-01

    Given the impact of the global economic crisis, delivering better health care with limited finance grows more challenging. Through the lens of institutional theory, this paper explores pressures experienced by hospital leaders to improve quality and constrain spending, focusing on how they respond to these often competing demands. An in-depth, multilevel analysis of health care quality policies and practices in five European countries including longitudinal case studies in a purposive sample of ten hospitals. How hospitals responded to the financial and quality challenges was dependent upon three factors: the coherence of demands from external institutions; managerial competence to align external demands with an overall quality improvement strategy, and managerial stability. Hospital leaders used diverse strategies and practices to manage conflicting external pressures. The development of hospital leaders' skills in translating external requirements into implementation plans with internal support is a complex, but crucial, task, if quality is to remain a priority during times of austerity. Increasing quality improvement skills within a hospital, developing a culture where quality improvement becomes embedded and linking cost reduction measures to improving care are all required. © The Author(s) 2015.

  12. Using institutional theory to analyse hospital responses to external demands for finance and quality in five European countries

    Science.gov (United States)

    Mendel, Peter; Nunes, Francisco; Wiig, Siri; van den Bovenkamp, Hester; Karltun, Anette; Robert, Glenn; Anderson, Janet; Vincent, Charles; Fulop, Naomi

    2015-01-01

    Objectives Given the impact of the global economic crisis, delivering better health care with limited finance grows more challenging. Through the lens of institutional theory, this paper explores pressures experienced by hospital leaders to improve quality and constrain spending, focusing on how they respond to these often competing demands. Methods An in-depth, multilevel analysis of health care quality policies and practices in five European countries including longitudinal case studies in a purposive sample of ten hospitals. Results How hospitals responded to the financial and quality challenges was dependent upon three factors: the coherence of demands from external institutions; managerial competence to align external demands with an overall quality improvement strategy, and managerial stability. Hospital leaders used diverse strategies and practices to manage conflicting external pressures. Conclusions The development of hospital leaders’ skills in translating external requirements into implementation plans with internal support is a complex, but crucial, task, if quality is to remain a priority during times of austerity. Increasing quality improvement skills within a hospital, developing a culture where quality improvement becomes embedded and linking cost reduction measures to improving care are all required. PMID:26683885

  13. Turbocharging the Financial Markets

    Institute of Scientific and Technical Information of China (English)

    2006-01-01

    Introduction of new financial instruments may not put China’s markets in the fast lane just yet, a market analyst warns China has introduced new sources of leverage into the financial system, which will enable participants to have "new opportunities both to hedge their bets and lever them up using futures, options and margin trading," according to Mark A DeWeaver, a research analyst in Shenzhen who now manages a fund investing in Asian equities called Quantrarian Asia Hedge. He compares these measures to "turbocharging a car," which he says can damage it if the engine’s basic structure cannot handle the pressure. His main ideas follow:

  14. Collaborative financial infrastructure protection

    CERN Document Server

    Baldoni, Roberto

    2012-01-01

    The Critical Infrastructure Protection Survey recently released by Symantec found that 53% of interviewed IT security experts from international companies experienced at least ten cyber attacks in the last five years, and financial institutions were often subject to some of the most sophisticated and large-scale cyber attacks and frauds. The book by Baldoni and Chockler analyzes the structure of software infrastructures found in the financial domain, their vulnerabilities to cyber attacks and the existing protection mechanisms. It then shows the advantages of sharing information among financia

  15. International financial crises - chance for Romania

    Directory of Open Access Journals (Sweden)

    Popescu, D.

    2010-12-01

    Full Text Available The international financial crisis can be a real chance for Romania. The international financial crisis has served to reveal the true and deep domestic economic crisis. Face to face with the real situation, using the European funds at full, the alternative financial support such as PPP, the particular natural and human potential, Romania could became the best in its historically traditional successful fields (such as agriculture and position on innovative fields (such as high technologies of transport, new energy sources, research and development by burning steps of development. This paper presents the present economic situation, what the unused tools are, what is the opportunity and what monetary and fiscal policies can do.

  16. An Export Promotion Policy after Financial Crisis

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    Ingyo Cheong

    1998-09-01

    Full Text Available Although the Korean government puts in place various export support policies after the financial crisis, Korean export is still in stagnation because the foreign-oriented economic conditions, such as the continual ripple effect of the Eastern Asia financial crisis and the American economy which is slowing down, are deteriorating. After the financial crisis, Korean trading circle considered the difficulties in financing and the buying of raw material to be the most important factors which blocked the export. This thesis first analyzed the change of the actual export results, then analyzed the policy the government brought forward as the solution of the difficulties in financing and raw material buying. Meanwhile, this thesis brought forward alternative policies like taking auto-rediscount and signing Free Trade Agreement with major trade states.

  17. An evolutionary approach to financial history.

    Science.gov (United States)

    Ferguson, N

    2009-01-01

    Financial history is not conventionally thought of in evolutionary terms, but it should be. Traditional ways of thinking about finance, dating back to Hilferding, emphasize the importance of concentration and economies of scale. But these approaches overlook the rich "biodiversity" that characterizes the financial world. They also overlook the role of natural selection. To be sure, natural selection in the financial world is not exactly analogous to the processes first described by Darwin and elaborated on by modern biologists. There is conscious adaptation as well as random mutation. Moreover, there is something resembling "intelligent design" in finance, whereby regulators and legislators act in a quasidivine capacity, putting dinosaurs on life support. The danger is that such interventions in the natural processes of the market may ultimately distort the evolutionary process, by getting in the way of Schumpeter's "creative destruction."

  18. 区域产业结构优化的金融支持研究--以山东省为例%Study on the Financial Support for Industrial Structure Optimization--A Case of Shandong Province

    Institute of Scientific and Technical Information of China (English)

    李治国; 周德田

    2013-01-01

      随着蓝黄战略逐步上升为国家发展战略,山东省面临着经济发展新契机。但当前省内产业结构不合理,制约着区域经济的发展,推动产业结构优化成为山东省经济增长的关键驱动力。国内外经验表明,金融发展对产业结构优化具有积极推动作用。在对山东省产业结构采用修正的偏离—份额法分析的基础上,文章选取衡量产业结构优化和金融发展水平的指标,建立VAR模型,在此基础上对山东省内产业结构优化和金融发展间的关系进行协整分析和格兰杰检验。结果表明山东省金融发展与产业结构优化间存在长期均衡关系,金融发展是推动产业结构优化的格兰杰原因。通过脉冲响应得出,区域内金融效率的提高对产业结构优化的作用力最大,外资及区域内金融规模的提高也对产业结构优化有积极作用。%With blue and yellow strategy gradually rose to national development strategy, Shandong province is facing a new op⁃portunity for the economic development.But irrational industrial structure becomes as a constraint to the whole bottleneck of economic development.To adjust regional industrial structure becomes the primary task of the future economic development. Domestic and international experience shows that,financial development has a positive role in promoting the optimization of in⁃dustrial structure.Based on the modified shift-share analysis method on the industrial structure of Shandong Province,this paper chooses an optimization of the industrial structure and the level of financial development indicators,and establishes a VAR model,makes a co-integration analysis and Grainger test on the relationship of the optimization of the industrial structure of Shandong province and financial development.The results show that there is a long-term equilibrium relationship between Shandong financial development and optimization of the industrial

  19. Comparing Internet Financial Reporting Index Between Bank and Non Bank in Indonesia

    OpenAIRE

    ANA DWI PERTIWI; BUDI HERMANA

    2013-01-01

    This studywas conducted to evaluatingfinancialdisclosureonwebsitesof bank and non bank go public in Indonesiausing theInternetFinancialReportingIndex(IFRI). Internet Financial Reporting Index consist four elements namely content, timeless, technology and user support. This studywasan illustrated ofthe generalfinancialdisclosureby examiningdifferencesinternet financial reporting index.Samplingtechniqueused inthis study waspurposivesampling. There are 34 samples consisting25 banks and 9 non ban...

  20. 25 CFR 47.8 - Who develops the local educational financial plans?

    Science.gov (United States)

    2010-04-01

    ... 25 Indians 1 2010-04-01 2010-04-01 false Who develops the local educational financial plans? 47.8... AND SUPPORT FOR BUREAU-OPERATED SCHOOLS § 47.8 Who develops the local educational financial plans? The local Bureau-operated school supervisor develops the local educational financial plan in active...