Dissertations / Theses on the topic 'Des finances'
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Priaulet, Philippe. "Structure par terme des taux d'intérêt : reconstitution, modélisation et couverture." Paris 9, 1997. https://portail.bu.dauphine.fr/fileviewer/index.php?doc=1997PA090059.
Full textOur work consists of four chapters which are based on the main stakes of interest rate markets. In the chapter 1 we present and compare five parametric methods to determine the current term structure of interest rates from bond data. An application to the French market is described. The chapter 2 deals with modeling the term structure of interest rates through an analysis of four different theories: Black-Scholes adapted universe, state variables models, martingale models and equilibrium models. The aim is to answer this basic question: "which model should one use?" in the chapter 3 we explore a trifactor model with deterministic volatilities in order to price and hedge any kind of interest rates derivatives. In our approach we use results of P. C. A. (principal component analysis) to obtain parameters of the model. In the chapter 4 classical hedging strategies are reconsidered. A bond portfolio is constructed over one month to compare six different hedging techniques. Very efficient alternatives to duration and duration- convexity methods are obtained
Kerhervé, Jean. "Finances et gens de finances des ducs de Bretagne, 1365-1491." Paris 4, 1986. http://www.theses.fr/1986PA040006.
Full textFrom 1365, when the dynasty was set on the throne, to 1491 when Ann of Brittany married king Charles 8, the dukes of the house of Montfort devoted themselves to found in Brittany a state endowed with financial means matching its political ambitions. Their effort aimed at modernizing the institutional machinery, and the techniques of financial management, with the treble prospect of estimates, and budgetary and accountancy control, of knowledge of the Breton territory and sovereignty over it, of optimum exploitation, under the circumstances of the day, of state resources, and above all, of financial possibilities of their country. Their enterprise of centralization was largely backed and relayed by a dynamic administration constantly growing in number. Born of the most diverse Breton social strata, especially of the plethoric middle or lower aristocracy, its members carried out their task with all the more conviction as, while serving the interests of their princes, they also served their own. They contributed to turn Brittany, on the eve of its return to France, into a modern state, open to innovations, and accustomed to the monarchic methods of centralization, just like the kingdom
Martin, David. "Les options fondamentales de la finance moderne : domestication sociologique d'un produit financier." Toulouse 2, 2005. https://tel.archives-ouvertes.fr/tel-00158032.
Full textJamgocyan, Onnik. "Les finances de l'empire Ottoman et les financiers de Constantinople (1732-1853)." Online version, 1988. http://bibpurl.oclc.org/web/34833.
Full textJamgocyan, Onnik. "Les Finances de l'Empire ottoman et les financiers de Constantinople, 1732-1853." Lille 3 : ANRT, 1989. http://catalogue.bnf.fr/ark:/12148/cb37614473v.
Full textFernández, Bariviera Aurelio. "Ensayos sobre la E ciencia Informativa del Mercado de Capitales." Doctoral thesis, Universitat Rovira i Virgili, 2015. http://hdl.handle.net/10803/308667.
Full textLa Hipótesis del Mercado Eficiente (HME) es uno de los pilares de la economía financiera. Decimos que un mercado financiero es informativamente eficiente si los precios reflejan toda la informacion disponible en un determinado momento. A pesar de las varias décadas de investigación sobre la HME, todavía quedan aspectos sobre los cuales no se ha llegado a un consenso en la literatura. Por ello, abordamos este estudio desde una perspectiva novedosa en tres aspectos. En primer lugar, asumiendo el carácter dinámico de la eficiencia informativa, estudiamos la misma mediante ventanas móviles para ver su evolución en el tiempo. En segundo lugar, introducimos técnicas estadísticas no utilizadas habitualmente en economía financiera. En tercer lugar, relacionamos los niveles de eficiencia informativa con determinadas variables económicas, con el objeto de ver su interacción. El capítulo 1 provee una introducción al tema y detalla la estructura de la tesis. En el capítulo 2 se establece el marco teórico y se realiza una pormenorizada descripcion de la evolución y los tests empíricos llevados a cabo sobre la HME. El capítulo 3 se compone de 4 ensayos que estudian mediante técnicas estadísticas avanzadas diferentes aspectos sobre la HME, como son la memoria de largo plazo, el carácter variable de la eficiencia informativa y su relación con determinadas variables economicas. Finalmente el capítulo 4 proporciona las principales conclusiones.
The Efficient Market Hypothesis (EMH) is one of the pillars of the financial economy. We say that a financial market is informationally efficient if the prices reflect all available information at a given time. Despite several decades of research on EMH, there are still issues on which no consensus has been reached in the literature. Therefore, we approach this study from a new perspective in three respects. First, assuming the dynamic nature of information efficiency, we study it by sliding windows to observe their evolution in time. Secondly, we introduce statistical techniques not commonly used in financial economics. Third, we relate information efficiency levels with certain economic variables, in order to see their interaction. Chapter 1 provides an introduction to the topic and details the structure of the thesis. Chapter 2 provides the theoretical framework and a detailed description of the evolution and empirical tests carried out on the EMH is done. Chapter 3 consists of 4 essays which, using advanced statistical techniques different aspects of the EMH, such as long-term memory, the variable nature of the information efficiency and its relation to certain economic variables. Finally, Chapter 4 provides the main conclusions.
Debbich, Majdi. "Essays in Financial Literacy and Financial Behaviors." Paris, EHESS, 2015. http://www.theses.fr/2015EHES0098.
Full textIn the recent years, households have been facing a process of increasing financial responsibility given a globa trend of pension systems privatization, loan markets liberalization and credit expansion. Meanwhile the supply of financial products has become more complex. In this context, do people have the ability to process economic and financial information and take sound decisions in terms of financial planning, wealth accumulation, debt and pensions? What remedies can be considered so as to mitigate the adverse effects of poorly informed financial decisions? This thesis contributes to answering both questions through an empirical assessment of financial literacy in the French population and its relationship with financial behaviors but also through a study of the determinants of financial literacy over the life course and potential remedies to financial illiteracy. I report evidence that financial literacy levels in France appear to be in the international average with heterogeneous levels across population subgroups: men, educated, middle-age as well as wealthy respondents tend to perform better. I also show that financial literacy can have an influence on financial behaviors by fostering participation to the stock market and financial planning in the long-run. I question the role of financial advisor as potential alternatives to financial education and show that these cannot substitute
Kote, Lamine. "Les instruments juridiques de la programmation pluriannuelle des finances publiques : l'avènement d'un nouveau temps financier." Thesis, Toulouse 1, 2015. http://www.theses.fr/2015TOU10063.
Full textIn a context dominated by the need to reduce public deficits and return to balance, public action supported by public finances is part of a long-term perspective. Obviously, the most structural reforms are carried out in a certain period. Reduction targets of public expenditure and the balance of public accounts need a multiannual framework for the effective management of public finances. The budget guidelines are now part of a multiannual programming logic, especially with the multiannual programming of public finance laws under Article 34 of the Constitution. The establishment of such instruments coincides with the advent of new financial time. It promotes the registration rules of drafting the budget decision within a longer time frame (part I) and its implementation (part II). The study of legal instruments of the multiannual programming showed their former existence in national budgetary systems before their consecration in the EU budgetary law. The question of their legal scope we have addressed in this study remains intact. It’s important to equip them with a legal binding force in order to give more meaning to the objective of public finance consolidation
Peljak, Dominique. "Les finances publiques hospitalières." Paris 8, 2009. http://www.theses.fr/2009PA083027.
Full textThe exponential development of the expenses of health and the problems of balance in the budget of the Social Security lead to wonder about the mode of regulation of the public establishments of health. The objective of the present thesis is double : - on one hand, constitute a legal corpus allowing the constitution of a discipline called "hospital public finances", subject today studied in a very partial way ; - on the other hand, develop a reflection about the necessity of increasing the adaptation of the budgetary rules to the functioning appropriate clean for the public establishments of health. In the light of the past history and the foreign experiences, the analysis indeed shows that the French hospital public finances oscillate permanently between : - a necessary softening and a partial adaptation of the rules of the public finances ; - and a permanent objective of control of the hospital finances. Thanks to the liberal model at present dominant, the hospital public utility has to take out of this contradiction and know a renewed financial regulation. It is doubtless about a paradox, but the preservation of the principles of the hospital public utility indeed passes by a softening of the modalities of management of hospitals, which must be more and more reagent with regard to the competition of the private establishments. This way, if apparently it does not constitute the panacea, the qualification of industrial and commercial public establishment appears the most relevant today to give the hospital weapons allowing him to adapt and thus to improve its offer of care at the needs of the population
Raymond, Patrice. "Solidarité et finances locales." Paris 2, 1996. http://www.theses.fr/1996PA020151.
Full textHamon, Philippe. "L'argent du Roi : finances et gens de finances en France sous François Ier." Paris 1, 1993. http://www.theses.fr/1993PA010574.
Full textFrancis I's reign stands for an important step, as far as financial construction of the so-called "modern state" is concerned. It means an increase of needs. Especially because of the wars, building of new taxes and profound administrative reforms. The royal council enlarges its checking about financial management. This must be connected with prosecutions against great financial office-holders, which occurs mainly between 1523 and 1537. However, these office-holders make up a privileged test group to study social destiny and professionnal carrer of the royal staff during the renaissance period
Gauvin, Alain. "Les dérivés de crédit : nature et régime juridiques." Paris 1, 1999. http://www.theses.fr/1999PA010304.
Full textBoussema, Meriam. "Choix du mode de cotation des actions et qualité du marché." Aix-Marseille 3, 1999. http://www.theses.fr/1999AIX32039.
Full textBellier-Delienne, Annie. "Évaluation des contrats notionnels MATIF : estimation de la volatilité et de l'option de livraison." Paris 9, 1993. https://portail.bu.dauphine.fr/fileviewer/index.php?doc=1993PA090028.
Full textNotional bond futures volatility, which measures the sensibility of the contract to movements in financial market, is estimated from different types of options on long bond futures evaluation models. Whaley model (with classical hypothesis of Black and Scholes model, American option) gives the best result within the different models which were tested. The quality option gives the futures seller the choice of delivery bond at the expiry date. Obtained by arbitrage, it always seems to be under evaluated by the market. It can be explained by the fact that the market limits the official bond list with two or three deliverable bonds, and when a bond goes out of the official list, the next delivery month, it's almost the cheapest to deliver
Kaakeh, Abdulkader. "Behavioural finance in islamic finance, a new approach." Doctoral thesis, Universitat Autònoma de Barcelona, 2018. http://hdl.handle.net/10803/650338.
Full textThis Dissertation tests the factors affecting the attitude and intention of consumers toward Islamic finance in two different countries, it also tests the factors affecting the self-efficacy and performance of Salespersons in Islamic banks including customer demandingness. The first chapter summarises the literature of behavioural finance and Islamic Behavioural finance and identifies the gaps and aims of the thesis. The second chapter uses a theoretical model based on the theory of reasoned actions to investigate the effects of attitude, religious motivation, awareness, and service and pricing, on the intention to use Islamic banking among the Muslim minority in Barcelona - Spain. It also determines the profile of a potential Islamic banking customer among this minority. The empirical part uses survey-based questions, factor analysis and logit regression to analyse the data. The results show that attitude, religious motivation and awareness are all important factors affecting the intention to use Islamic banking. The study also highlights that the profile of a potential Islamic banking customer. The research shows the potential for Islamic banks in the Spanish market, and the possibility of raising awareness about Islamic banking. It also shows that Islamic banking in Spain could help the Muslim minority to participate effectively in financial activities and highlights the importance of empowering the women in this minority and help society by encouraging off-banking money to flow into the financial sector. The study also highlights the importance of Islamic finance for Muslim minorities as a method to support their religious identity. The third chapter investigates the effects of the following factors: image; awareness; Shariah compliance and individualism, on the attitude and intention of customers to use Islamic banking among Bank customers in UAE, and the mediating role of attitude in that model, using a theoretical model based on the Multi-Attribute Attitude Model, the theory of reasoned actions and the theory of planned behaviour. The research will focus on surveying bank customers living in UAE. Structural equation modelling will be used to analyse the data. Results show that attitude and awareness affect intention directly, while image, awareness, Shariah compliance and individualism affect attitude directly and affect intention indirectly mediated by attitude. The chapter resulted in showing the importance of Shariah compliance of banks, the individualism of customers and image of the bank on attitude and intention and provides suggestions for banks to benefit from these aspects to widen their customer base. The study provides an insight into individuals’ decision-making and the importance of a social approach by banks when advertising. The final chapter will investigate the relationship between the factors: organisation image, awareness effort, customer demandingness, self-efficacy and self-rated performance among salespersons of Islamic banking products in the UAE and the mediating role of awareness effort and self-efficacy in the model, using a theoretical model based on the social cognitive theory. The chapter focuses on surveying salespersons of Islamic banking products in a mixed bank (a conventional bank that has an Islamic department) in the UAE. The researcher uses partial least squares to analyse the data. The results show that customer demandingness positively affects awareness effort at the sales level, awareness effort positively affects self-efficacy, self-efficacy positively affects performance and image positively affects salespersons’ self-efficacy and performance. Furthermore, the chapter highlights the mediating role of awareness effort and self-efficacy in the model. The study shows the importance of awareness effort to achieve better performance as well as the importance of addressing the customer requirements in the environment and the role of the organisation image in enforcing salespersons’ self-efficacy and performance.
Couderc, Nicolas. "Quatre essais en finance d'entreprise : choix financiers, efficience et valeur." Paris 1, 2006. http://www.theses.fr/2006PA010044.
Full textHong, Jieying. "Essays on corporate finance theory and behavioral asset pricing." Thesis, Toulouse 1, 2013. http://www.theses.fr/2013TOU10018/document.
Full textThis thesis consists of three self-contained papers. The first two papers study how firms should be structured to facilitate their access to funds in the face of agency conflicts between borrowers (firms) and lenders (investors). Chapter 1 studies the relationship between firm scope and financial constraints. Chapter 2 uses an optimal contracting approach to analyze the development of an innovative product through strategic alliance by an entrepreneur and an incumbent. Chapter 3 analyzes whether traders’ experience reduce their propensity to speculate?
Meyer, Gilbert. "Finances locales et développement durable." Thesis, Strasbourg, 2013. http://www.theses.fr/2013STRAA033.
Full textThe Grenelle on the environment modifies the actions and projects of the local authorities. They have to meet objectives, without having the necessary budgetary means. This thesis sets out the objectives imposed on the local authorities by the law. The previous long-term actions of sustainable development are recalled. Part one deals with sustainable development, the international recommendations and its local implementation, where the local authorities play a leading role. Examples of actions in favor of communities, prior to the Grenelle on the environment, are analyzed. Part two deals with how local finances have been affected by these sustainable development policies. The local authorities have a limited scope of action; between compulsory revenues and expenditures and the reduced State participation in co financing of the actions imposed on the communities. Tools at the disposai of local authorities can help. There are many partners. Finally, the State should not only create laws, it also needs to provide the financial support for the priority actions which are imposed
Ngono, Emmanuel. "Les finances publiques du Congo." Paris 1, 1989. http://www.theses.fr/1989PA010277.
Full textAs in the majority of develiping countries, the financial system of the congo still bears the mark of the colonial administration. The present study proposes to examine this system. Emphasis has been placed on the structural organization, on the management of state funds and on the control exercised over national and local finances. Besides the need to adapt the structures to modern economic trends the low level of national resources and local saving is to be noted. This forces the state to resort to external borrowing, thus causing a very high level of debt. At the level of the local communities, the poor level of their own finances results in a heavy dependency on the central administration, which is expressed in terms of treasury grants, transfers and advances. Resources are essentially devoted to running costs, to the detriment of investment. Controle of public finances poses problems both from the point of view of organization and of efficiency
Albornoz, Tineo José Nicolas. "L'Inspection des finances au Venezuela." Lille : A.N.R.T, 1985. http://catalogue.bnf.fr/ark:/12148/cb36105214t.
Full textBayard, Françoise. "Finances et financiers en France dans la première moitié du XVIIe siècle (1598-1653)." Lille 3 : ANRT, 1985. http://catalogue.bnf.fr/ark:/12148/cb375941020.
Full textPellet, Rémi. "Recherche sur la notion de finances sociales : l'intervention du droit financier public dans le régime général de sécurité sociale." Montpellier 1, 1991. http://www.theses.fr/1991MON10010.
Full textThe principles of public financial law which determine the management of the largest treasury, after the state, have seldom been the subject of study at university level. Nonetheless, an examination of these principles shows an increased publicisation of the financial statute of this institution which, paradoxically, increases its autonomy with regard to the state, in its application of a true policy of speculation of social finances. In order to understand this phenomenon, it would appear necessary to propose the notion of a social treasury. An examination of the institutions which make up this "social treasury" reveal the following three trends : firstly, an increase in their competence in financial matters. Secondly, a relative diminution in their ability to enforce payment. Finally a movement towards the decentralisation of internal budgets, requiring increased a posteriori administrative controls. The proposed notion of social finances should allow the comprehension of these complex evolutions
Gesser, Vincent. "Évaluation d'options de change avec volatilité stochastique." Paris 1, 1999. http://www.theses.fr/1999PA010044.
Full textRichard, Arnaud. "Volatilités, rentabilités et sauts intrajournaliers sur le marché des futures obligataires européens : analyse du contrat Bund à haute fréquence." Rennes 1, 2009. http://www.theses.fr/2009REN1G001.
Full textKyrtsou, Catherine. "Hétérogénéité et chaos stochastique dans les marchés boursiers." Montpellier 1, 2002. http://www.theses.fr/2002MON10003.
Full textFilali, Meknassi Touraya. "La Sanction par le marché financier des options stratégiques de l'entreprise (USA-France-Japon-Allemagne)." Toulouse 1, 1987. http://www.theses.fr/1987TOU10055.
Full textChief executive officers (ceo), chief financial officiers analyts and portfolio managers do agree upon the principle of maximizing the shareholder's wealth as a paramount goal. When scrutinizing the situation, it appears that a consensus is far from being reached upon the right policies to be followed and the proper time horizon during which goals are supposed to be achieved. The araising conflicts are rooted in everyone's analytical-tools and perspective. Managers are focussed on goods and services market, while the financial people are mainly concerned by the financial market. Are their views incompatible about those decision-actions that mold the future of a company ? The main purpose of this study is to make a contribution to bridge between the corporate strategic views and the financial one's. The latter is done through scrutiny of dividend policy, capital structure policy, growth and r&d policies. We tried to show that global strategy can only take advantage of a mutual understanding
Michalon, Karine. "Microstructure des marchés financiers et interruptions de cotation : une étude empirique du marché boursier français." Paris 10, 2004. http://www.theses.fr/2004PA100089.
Full textThe purpose of the regulated halts on stock exchange markets is to spread the information on the market and to protect the interests of the small shareholders. Thus, the main objective of trading halts is to reduce asymmetries of information and volatility. The aim of this work is to empirically investigate the trading halts on the French stock exchange (trading reservations and suspensions) market. To this end, we proceed to a detailed statistical study in order to analyze the impact of such halts on the main market parameters (returns, volatility and volume). Our study concerns intraday data relating to securities that belong to the CAC40 stock index over the period January 1998-December 2001. It shows that the trading reservations are much more numerous than the suspensions and there exists a parallel between the frequency of the reservations and the high magnitude of the crises. Finally, we put forward a mitigated effectiveness of the trading halts, depending on the period (before or after the 04/23/2001 reform)
Goldberg-Darmon, Muriel. "Les aspects juridiques de l'introduction en bourse." Paris 2, 2000. http://www.theses.fr/2000PA020095.
Full textTchapda, Djamen Idriss. "Évaluation de flux monétaires en présence d'un ou plusieurs risques de défaut." Lyon 1, 2002. http://www.theses.fr/2002LYO10164.
Full textHugonnier, Julien-Nicolas. "Trois essais sur la théorie des marchés financiers en temps continu." Paris 1, 2001. http://www.theses.fr/2001PA010008.
Full textPailler, Pauline. "La notion d'instrument financier à terme." Paris 1, 2008. http://www.theses.fr/2008PA010307.
Full textMissié, Jean Gervais. "Contribution à la mesure de la performance financière de l'entreprise et à son lien avec la création de valeur boursière." Paris 10, 2008. http://www.theses.fr/2008PA100025.
Full textProfitability is for a factory, not only the source of the creation of values, but also a relevant information, necessary for an efficient allocation of resources by invertors. The link between the financial performance and the market value is no longer to be demonstrated, yet, its relevance remains debatable. This can be explained by the difficulty of its measure. In fact, the good measure of the financial performance requires the assessment of the amount invested by shareholders. That is for instance, up to the assessment date, what is the value of one euro they invested x years ago ? Neither the accounting model, which is untemporal, even nor the real value advocated by the new accounting norms : IAS or IFRS in remplacement of the accounting value cannot allow to measure the amount of the capital the shareholders have invested. When inserting a temporal dimension in the accounting inforemation, we render it coherent with the financial approach ; then, we determine the legal value of the shareholder's contribution. This value opens the relevant assessment of the financial result and improves its correlation with the market value
Dubreuille, Stéphane. "Formation des prix et liquidite sur le matif." Lille 2, 1999. http://www.theses.fr/1999LIL20004.
Full textDevelop a competive rational expectations model in wich prices play a significant role in information spreading. We show that optimal strategies depend on private signals, adverse selection, hedging needs and locals strategies. We complete this model by an empirical research on the electronical transactions system, nsc-vf. We show saisonalities during the opening session
Charpentier, Jérôme. "Le recours à l’expertise en finances publiques." Thesis, Université de Lorraine, 2016. http://www.theses.fr/2016LORR0157.
Full textSometimes seen as a unusual tool in the legal field, expertise in public finance is only used in some specific situations. It refers to the skills of someone who has been requested by a legally competent authority to make a financial decision. The expert's own specific knowledge takes the form of an assessment which aims at bringing forward all the elements necessary for informed decision making. The Government is thus able to draw on this expertise in order to anticipate and adapt to the financial risk. By becoming even more tangible since the financial crisis and the eurozone's debt, the latter threatens these sovereign authorities not only because their own funding depends on the external environment, but also owing to the constraints induced by the fact that they are tied to their eurozone membership. The use of expertise can therefore be seen as a effective way for the State to ward off and prevent risks as it can adjust its action according to the expert's recommendations. Whatever form it takes, the financial risk is the operative event and the main focus justifying the use of expertise. The resort to an expert and the form this service takes subsequently depends on one's perception of the risk. Based on two contemporary definitions of the financial risk, i.e. sustainability and transparency of public finances, the expertise is not a single marginal element, but rather a real structural movement that informs and guides the financial decision. It will prove particularly adaptative, varying its many levels of action and the techniques employed. The use of expertise, and the follow-up that it ensures, is not without consequences on the structure of the institution itself. Having become essential to the institutional balance, the expertise even more deeply influences the institutional structure by becoming a real normative technique with a properly measured impact
Moysan, Émilie. "Les compétences financières locales dans le système juridique français." Thesis, Paris 1, 2014. http://www.theses.fr/2014PA010294.
Full textNo English summary available
Camillieri, Sébastien. "Les finances publiques et le jeu." Lyon 3, 2008. https://scd-resnum.univ-lyon3.fr/out/theses/2008_out_camillieri_s.pdf.
Full textSince the middle of the Seventies, the gambling games offer was considerably diversified in France. In this way, the gambling sector, wich represents a fully-fledged sector of French economy, directly or indirectly contributes to the public finance. Actually, this market, wich can be estimated in billions of euros, doesn't escape the tax and social security contributions. In 2004, « La Française des Jeux » contributed to the public finance wich 2. 33 billion euros for the state, sport and social finances whereas the « PMU » and casinos redistributed over 1 billion euros to the State, and more generally to the public sphere on the same year. Therefore, these contributions are linked to the public power policy concerning gambling
El, Kacemi Mohamed. "La loi de finances au Maroc." Paris 2, 1998. http://www.theses.fr/1998PA020017.
Full textThis thesis is about the finance law in morocco. On the one hand its aim is to describe and analyse the budget procedure (parts 1 and iii) and, on the other, to describe budget structures and phenomena (part ii). This way all the processes of the elaboration and the execution of the finance law are studied in detail, describing the political and administrative bodies which are involved in the proceedings, directly or indirectly, their own competence, methods used and the controlling systems of the public funds. However, beyond these descriptions, the aim is to situate those who hold real power over budget matters in the government as well as in the parliament and in the ministry of finance. Stress has also been placed on pointing out the important role of certain institutions, as well as on showing the existing gap between the legal texts defining the proceedings to be followed and the practice of elaborating and executing of the finance law. The contents of the latter is also studied in a historical perspective by analysis of the politics of the moroccan government concerning the economy and finances with the description of the existing constraints, quoting the reforms introduced in this field
Tisseyre, Arnaud. "Utilisation des lois stables en finances." Paris 9, 1999. https://portail.bu.dauphine.fr/fileviewer/index.php?doc=1999PA090038.
Full textAnderson, Bonnie Lichfield. "Finances in Strong African American Marriages." DigitalCommons@USU, 2010. https://digitalcommons.usu.edu/etd/785.
Full textBlondio, Mondoloni Virginie. "Finances publiques et droits fondamentaux : essai sur les relations entre les finances publiques et les droits fondamentaux." Thesis, Aix-Marseille, 2014. http://www.theses.fr/2014AIXM1098/document.
Full textSubject of an apparent antilogy wich, due to the present Financial and economic crisisproves his immanence. The major interrogation turned to way how is realized from the point of vew of fundamental rights this double exigency due to the fact that this rights instigate the intervention of the administration of a country. The fundamental rights effectiveness requires a public financing holding legitimacy of their Framework through fundamental rights. The european crisis and the respect of Financial rules do damage tothis balance of relation because the lack of public financing has "ipso facto" an impact concerning the fundamental rights protection, and incorporated in every possible way according to jurisdiction
Nasr, Tarek Abdallah. "L'émergence des marchés financiers et la stratégie financière des entreprises." Paris 9, 2001. https://portail.bu.dauphine.fr/fileviewer/index.php?doc=2001PA090005.
Full textPietrancosta, Alain. "Le droit des sociétés sous l'effet des impératifs financiers et boursiers." Paris 1, 1999. http://www.theses.fr/1999PA010267.
Full textNoguet, Michel. "Transition et finances publiques : l'analyse d'un paradoxe /." Paris ; Montréal (Québec) ; Budapest [etc.] : l'Harmattan, 2000. http://catalogue.bnf.fr/ark:/12148/cb372220179.
Full textBibliogr. p. 335-372. Index.
Kaestner, Michael. "Biais cognitifs et formation des prix sur les marchés financiers." Montpellier 1, 2004. http://www.theses.fr/2004MON10020.
Full textFranch, Benavent Ricardo. "El capital comercial valenciano en el siglo XVIII /." Valencia : Departamento de historia moderna, Universitat de València, 1989. http://catalogue.bnf.fr/ark:/12148/cb354837618.
Full textGrosjean, Philippe. "Fonds de pension et marchés financiers internationaux : perspectives comparées." Dijon, 2004. http://www.theses.fr/2004DIJOD003.
Full textJunike, Gero Quintus Rudolf. "Advanced stock price models, concave distortion functions and liquidity risk in finance." Doctoral thesis, Universitat Autònoma de Barcelona, 2019. http://hdl.handle.net/10803/667194.
Full textThis thesis consists of three essays. In the first essay, we test empirically the pricing performance of several advanced financial models. We calibrate six advanced stock price models to a time series of real market data of European options on the DAX, a German blue chip index. Via a Monte Carlo simulation, we price barrier down-and-out call options for all models and compare the modelled prices to given real market data of the barrier options. The Bates model reproduces barrier option prices well. The BNS model overvalues and Lévy models with stochastic time-change and leverage undervalue the exotic options. A heuristic analysis suggests that the different degree of fluctuation of the random paths of the models are responsible of producing different prices for the barrier options. The second essay of this thesis discusses the relationship between coherent risk measures and concave distortion functions. A family of concave distortion functions is a set of concave and increasing functions, mapping the unity interval onto itself. Distortion functions play an important role defining coherent risk measures. We prove that any family of distortion functions which fulfils a certain translation equation, can be represented by a distribution function. An application can be found in actuarial science: moment based premium principles are easy to understand but in general are not monotone and cannot be used to compare the riskiness of different insurance contracts with each other. Our representation theorem makes it possible to compare two insurance risks with each other consistent with a moment based premium principle by defining an appropriate coherent risk measure. In the last essay of this thesis, we investigate financial markets with frictions, where bid and ask prices of financial intruments are described by sublinear pricing functionals. Such functionals can be defined recursively using coherent risk measures. We prove the convergence of bid and ask prices for various European and American possible path-dependent options, in particular plain vanilla, Asian, lookback and barrier options in a binomial model in the presence of transaction costs. We perform several numerical experiments to confirm the theoretical findings. We apply the results to real market data of European and American plain vanilla options and compute an implied liquidity to describe the bid-ask spread. This method describes liquidity over time very well, compared to the classical approach of describing the bid-ask spread by quoting bid and ask implied volatilities.
MORELLEC, ERWAN. "Theorie des options et decisions d'investissement et de financement." Jouy-en Josas, HEC, 1998. http://www.theses.fr/1998EHEC0060.
Full textSince the pathbreaking papers by black and scoles (1973) and merton (1974), contingent claims analysis has been widely applied to corporate finance. However, although this literature has made a great step toward a better understanding of investment and financing decisions, it has been unable so far to capture many stylized facts of corporate finance. This thesis shows that incorporating some features of the legal and economic environment of firms allows one to explain (at least partly) the data observed in practice. It is shown that - the possibility for a firm in financial distress to engage a reorganization procedure can account for early default and the low debt levels in capital structures; - asset liquidity can explain the size effect observed in capital structures and the high credit spreads; - managerial entrenchment and empire-building have an impact on the financing policy selected by the firm; - implementation delays affect both optimal investment policies and the valuation of projects
Fischer, Tomáš. "Odpovědná správa rodinných financí-cesta k finanční nezávislosti." Master's thesis, Vysoká škola ekonomická v Praze, 2010. http://www.nusl.cz/ntk/nusl-75291.
Full textYu, Suxiu. "Essays on Corporate Finance, Security Design and Information Choice." Thesis, Toulouse 1, 2017. http://www.theses.fr/2017TOU10028.
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