meeting new clients) which could have a positive impact on the profit margins of the firm. (Garman 195 -- 210) However, if credit card debt is not managed properly, it could have an adverse impact on the personal finances of the individual or firm
This will improve stability by providing investors with a way of going beyond any kind of rise in wholesale or retail prices from inflation. (Manajin) (Khan 1 -12) Evidence of this can be seen with observations from Khan (1999) who wrote, "Since 1926, stocks have outpaced the inflation rate significantly, while fixed income investments have not
This will improve stability by providing investors with a way of going beyond any kind of rise in wholesale or retail prices from inflation. (Manajin) (Khan 1 -12) Evidence of this can be seen with observations from Khan (1999) who wrote, "Since 1926, stocks have outpaced the inflation rate significantly, while fixed income investments have not
The reason why the dividend policy so important to the pecking order theory is the fact that the propensity firms when it comes to paying dividends is that most of the firms normally follow the pecking order theory. This means that they go hand in hand and that the dividend policy depends on the pecking order theory (Richard, 2008)
Therefore we can say that studies on insider trading generally show that insiders make positive abnormal trading profits. These studies also show that outsiders can earn profits through mimicking the trade of these insiders after there is a public release of information regarding insider transactions (Jeng, Metrick, Zeckhauser, 1999)
The reason why people continue to invest in the entity in spite of the fact that they are acquainted with the risks associated with it "is that it offers many opportunities for people to make a lot of money. These opportunities are what have kept the stock market a vital engine for the economy and American business and industry for more than a century" (Furgang 5)
In order to actually be successful while dealing with the stock market, an individual first needs to replicate behavior seen in Wall Street rather than listen to advice from people there. "The individual investor is an afterthought, mostly neglected by analysts and brokerage research departments" (McClellan 7)
Inflated forecasts drove stock prices upwards. At same time Nortel executives enjoyed an extravagant lifestyle at the expense of employee retirement accounts and benefits (Austin, 2012)
The Rise and Fall of the Tech Sector The rise of the Internet meant the founding and sometimes quick downfall of Internet-based companies. Many companies increased their stock price by simply adding the prefix "e" to their name (Galbraith & Hale, 2004)
Like many dot-coms, investor thought it was a great idea that would be a certain "win." Like many dot-coms, speculators provided Webvan with $375 million in funds from an IPO (Kawamoto, 1999)
When Webvan began posting losses, investors moved away from the stock as quickly and enthusiastically as they came to it. This was soon followed by layoffs, downsizing, in the eventual fall of Webvan only 18 months after it started (Zito, 2001)
Given this environment, understanding how the Abu Dhabi securities exchange contributes to the nation's economic development has assumed new importance and relevance, and these issues are discussed at length further below. Statement of the Problem Like other Gulf Arab states, the United Arab Emirates has made enormous efforts in recent years in an attempt to reduce reliance on the dominant public sector and to provide private investors a bigger role in the economy (Abdou, Al Zarooni & Lewis, 2006)
2). Throughout the UAE, health care is free of charge, and the infant mortality rate is among the lowest in the world; likewise, education is also free and the UAE has one of the highest literacy rates in the developing world (Al-Alkim et al
Chapter Four: Data Analysis Determination of Efficiency of Abu Dhabi Stock Market According to Balling, Lierman and Mullinex (2004), the issue of whether causality runs from finance to economic growth or the other way around was specifically addressed in a study by Rousseau and Wachtel (2000) that used a panel of 47 countries; these researchers determined that there is support for the concept that bank-sector size and stock market efficiency cause economic growth and determined that the effect of stock market size is weak at best. Other researchers, though, have identified mixed results using a single-country time-series methodology and found bi-directional causality between bank-sector size and economic growth in each of the ten sample countries analyzed (Balling et al
From a pragmatic perspective, efficient markets appear to help stimulate economic growth, but there are a number of assumptions involved. In the case of stock exchanges, for example, common stocks are traded on well-organized exchanges like the New York Stock Exchange or in dealer markets called over-the-counter markets in a process that facilitates the rapid execution of buy and sell orders (Batten, 2000)
121). During the second phase of the economic cycle, the nation's economy continues to grow and the demand for capital increases, a process that leads to inflationary pressure and interest rates begin to rise gradually (Bolten, 2000)
As a result, regardless of the incentives for increased extraction are, the physical conditions and economics of increased extraction prohibit such increases in depletion rates, at least in the short run. Moreover, increasing production to a maximum depletion rate requires a significant amount of time (Claes, 2000)
The Emirate of Dubai has been a trading center and entrepot within the Middle East for some time (see McKee, Garner and AbuAmara McKee, 1999). The Emirate hosts a free-trade zone, Jabel Ali, 21 miles from Dubai City (Diamond and Diamond, 1998, p
, 2000). Other ongoing developmental projects are geared towards the communication industry with its emphasis on Information Technology and the so-called "New" Media; yet another group falls within the domain of traditional mixed-use real estate developments; some projects provide a setting for an emerging financial industry, and of course the ever growing hospitality/leisure industry (Elsheshtawy, 2004)
As one authority notes, "They represent an independent federation of seven emirates comprising (broadly from southwest to northeast) Abu Dhabi, Dubai, Sharjah, Ajman, Umm AlQuwain, Rus Al-Khaimah and Fujeirah. They comprise an area of 32,000 square miles in the eastern Arabian peninsula between Saudi Arabia and Oman" (Garner et al