Tesi sul tema "Financial sector"

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1

Arquié, Axelle. "Essays on financial regulation". Thesis, Paris 1, 2014. http://www.theses.fr/2014PA010101.

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Le secteur financier a émergé afin d’apporter une réponse à certaines imperfections microéconomiques, principalement de nature informationnelle. Trois rôles principaux ont été identifiés dans la littérature : la sélection et le suivi des emprunteurs (voir par exemple Grossman et Stiglitz (1980) ou Boot et Thakor (1993)), la création d’un actif insensible à la production d’informations privées, à savoir les dépôts bancaires (Gorton et Pennacchi (1990)), et la fourniture d’une assurance contre les besoins de liquidité en présence d’incertitude sur les préférences quant au moment choisi pour la consommation (Diamond et Dybvig (1984)). Mais, si le secteur financier constitue une réponse à certaines défaillances du marché, il opère en présence de certaines autres imperfections microéconomiques qui peuvent réduire son efficacité. Cette thèse s’attache à étudier plus particulièrement deux d’entre elles : le caractère incomplet des marchés et les problèmes d’aléa moral des gestionnaires des banques. L’existence de ces imperfections implique une externalité dans le fonctionnement du secteur financier qui peut justifier une réglementation. Afin que la régulation puisse permettre de traiter ces inefficacités, il est crucial d’identifier d’abord quelles sont les défaillances de marché responsables de l’inefficacité et à travers quels mécanismes elles influent sur les choix des agents. Cette analyse théorique représente l’objectif principal de cette thèse
The financial sector has emerged because financial institutions help overcome some microeconomic imperfections, mainly informational. Three main roles have been identified in the literature: the screening and monitoring of borrowers (see for instance Grossman and Stiglitz (1980) or Boot and Thakor (1993)), the creation of an informational-insensitive asset out of their liabilities (Gorton and Pennacchi (1990)), and the provision of an insurance against liquidity needs in the presence of uncertainty on the preferences over the timing of consumption (Diamond and Dybvig (1984)). But, if the financial sector has emerged as an answer to some market failures, it is operating in the presence of some other micro imperfections that can reduce its efficiency. This dissertation focuses on two of them: incomplete markets and moral hazard problems. Their existence implies some externality in the functioning of the financial sector that may justify a regulation. In order for the regulation to overcome those inefficiencies, it is crucial to first identify what are those market failures and through which mechanisms they affect the choices of agents. This theoretical analysis is the main objective of this dissertation
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2

Pirozhkova, Ekaterina. "Uncertainty, banking sector and financial frictions". Thesis, Birkbeck (University of London), 2017. http://bbktheses.da.ulcc.ac.uk/267/.

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Uncertainty is an important determinant of economic developments at both micro and macroeconomic levels. The main objective of this thesis is to examine the effects of economic and model uncertainty, paying close attention to financial factors as a key mechanism that propagates and amplifies business cycle movements. The first part of the thesis studies the impact of uncertainty on bank assets portfolios allocation. In chapter 1 I do this empirically by estimating a set of vector autoregression models. I show that a positive shock to uncertainty leads to reallocation of portfolios by commercial banks: they reduce issuance of business loans, while increasing the stock of safe assets - cash and Treasury and agency securities. I also demonstrate that when risk, uncertainty and balance sheet factors are controlled for, business loans decrease after monetary tightening, what allows to resolve the puzzle raised by den Haan et al. (2007) that business loans increase following monetary contraction. In chapter 2 I examine the relationship between economic uncertainty and asset portfolio allocation of banks in a theoretical model. The model incorporates a portfolio-optimizing banking sector facing non-diversifiable credit risk, where banks’ attitude to risk and expected profitability help to explain the endogenous movements of the risk premium. The premium charged by risk-averse banks provides self-insurance from profitability reduction brought about by heightened uncertainty about entrepreneurial productivity. Financial accelerator mechanism amplifies the portfolio reallocation effect of uncertainty shock. In the second part of the thesis I study how financial frictions affect robustness of monetary policy rules in New Keynesian models in case of model uncertainty. I demonstrate that when there is uncertainty about what type of financial frictions is at work, a policymaker exposes economy to risks of significant welfare losses by using a reference model without frictions as an economy representation.
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3

Hulak, V., Лариса Степанівна Отрощенко, Лариса Степановна Отрощенко e Larysa Stepanivna Otroshchenko. "Innovative digital applications in financial sector". Thesis, Sumy State University, 2019. https://essuir.sumdu.edu.ua/handle/123456789/77665.

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We must admit that digital transformation has influenced the development of new financial innovations. Undoubtedly, it is rapidly changing the operation way of financial market by innovative financial technology, or Fintech, that is being used “as a variety of innovative business models and emerging technologies that have the potential to transform the financial services industry” [2]. Nowadays, there are more and more companies that offer financial services for banking and non-banking financial institutions and create strong competition with traditional financial intermediaries.
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4

Bishop, Kristina O'Kane. "Student financial aid: comparison by sector". Diss., Virginia Polytechnic Institute and State University, 1989. http://hdl.handle.net/10919/54768.

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The purpose of the study was threefold: (a) to determine the amount of student financial aid received by undergraduate students in targeted groups to see who benefits, (b) to identify a limited number of variables that account for a significant portion of differences in aid distribution, and (c) to examine alternative models that might clarify suspicions of substantive bias in aid distribution. The research questions addressed the variability among aid recipients in amount of student financial aid, the variables most closely related to aid differences, and the extent to which these variables are included in financial aid formulas. This study employed data from the National Postsecondary Student Aid Study, which collected enrollment and financial aid information for 59,886 postsecondary education students in Fall, 1986. In this study, several samples of aided undergraduate students from public and private, non-profit, institutions were used. Methods included: 1. A large number of variables, selected because of their close association with aid distribution, were reduced through factor analysis to support descriptive analysis. 2. The resulting factors and variables were used to create competing models to predict variability in aid distribution. 3. Regression models were tested using SAS regression procedures. 4. Significant variables were used to aggregate the amounts of aid received by each class of recipient. The major finding was that the amount of aid appeared to be primarily a function of institutional price/control. Income was related to the amount of aid, as were type of institution and attendance pattern, but these variables played a lesser role in accounting for aid differences. Student demographic variables, such as race and sex, accounted for little of the differences in the regression models. Yet differences were apparent when descriptive profiles were drawn. It was shown in the profiles that minorities and males generally received higher amounts of aid. Students at four-year institutions and at private institutions appeared to have a smaller percentage of their costs met by aid. Although aid was being distributed to need-based recipients largely in the manner intended by the Higher Education Act, some inequities in distribution were observed.
Ed. D.
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5

Chigumira, Gibson. "Financial liberalisation in Zimbabwe". Thesis, University of Strathclyde, 2001. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.248627.

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6

Tongo, Yanga. "Financial sector development and sectoral output growth evidence from South Africa". Thesis, Rhodes University, 2012. http://hdl.handle.net/10962/d1002739.

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The goal of the study is to examine the relationship between financial sector development and output growth in the agricultural, mining and manufacturing sectors in South Africa. The analysis is based on the hypothesis that financial development is essential for promoting production growth in an economy. To test the hypothesis, in the South African context, the vector autoregressive model (VAR) framework and Granger causality test are applied to a quarterly data set starting from 1970 quarter one to 2009 quarter four. The results suggest that financial intermediary development (bank based measure) and stock market development (market based measure) have a positive impact on output growth in the agriculture, mining and manufacturing sectors in South Africa. There is evidence of a one way causal relationship between financial sector development and sectoral output growth. Particularly, there is evidence that financial intermediary development and stock market development causes output growth in the agriculture, mining and manufacturing sectors in South Africa. However, there is no evidence showing causality running from sectoral output growth to financial sector development. The results provide evidence supporting the theory which states that financial development is essential to promote output growth in a country i.e. in our case South Africa. Thus an efficient financial system which promotes efficient channeling of resources towards the agricultural, mining and manufacturing sectors should be built.
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7

Scherrieble, Willy. "Essays on financial intermediation and risk". Doctoral thesis, Universitat Pompeu Fabra, 2020. http://hdl.handle.net/10803/670312.

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This thesis contributes to the understanding of systemic risk in the financial sector and its interrelation to the macroeconomy. The first chapter documents that misallocation of resources increased in the German manufacturing sector during the economic crisis in 2009 and that productivity would have been up to 4% higher without misallocation. Using granular data on bank-firm credit relationships, I find causal evidence that the preceding banking crisis contributed to the increase in misallocation. The second chapter shows stylized facts on interest rate risk management for the population of German banks and investment funds using transaction level data on derivatives. I find that around 50% of banks and funds use interest rate derivatives, funds predominantly use exchange-traded products, and banks manage their risk mostly with OTC contracts. On average, both sectors use interest rate derivatives to hedge their interest rate risk against a rate rise, although there is considerable heterogeneity. The third chapter provides empirical evidence that asset managers use bond futures to counteract valuation losses from physical bond holdings when yields move adversely. Analyzing supervisory mutual fund data, I find that this overlay strategy is more pronounced among funds with higher share of ex-ante longer-term bond holdings, more ex-ante riskier fixed income assets, and higher net outflows.
Esta tesis contribuye a la comprensión del riesgo sistémico en el sector financiero y su interrelación con la macroeconomía. El primer capítulo documenta que, durante la crisis financiera de 2009, la mala asignación de recursos en el sector manufacturero alemán aumentó y sin esta mala asignación, la productividad habría sido un 4% más alta. Utilizando datos granulares sobre las relaciones crediticias entre bancos y empresas, encuentro evidencia causal de que la crisis bancaria anterior contribuyó al aumento de la asignación incorrecta. El segundo capítulo muestra hechos estilizados sobre la gestión del riesgo de tipos de interés para la población de bancos y fondos de inversión alemanes, utilizando datos a nivel de transacción sobre derivados. Encuentro que alrededor del 50% de los bancos y fondos usan derivados de tasas de interés. Los fondos usan predominantemente productos negociados en bolsa y los bancos administran su riesgo principalmente con contratos OTC. En promedio, ambos sectores utilizan derivados de tipos de interés para cubrir su riesgo de tipos de interés frente a una subida de tipos, aunque existe una considerable heterogeneidad. El tercer capítulo proporciona evidencia empírica de que los administradores de activos utilizan futuros de bonos para contrarrestar las pérdidas de valoración de las tenencias de bonos físicos cuando los rendimientos se mueven adversamente. Al analizar los datos de supervisión de fondos mutuos, encontramos que esta estrategia de superposición es más pronunciada entre los fondos con una mayor proporción de tenencias de bonos ex ante a largo plazo, más activos de renta fija riesgosos ex ante y mayores salidas netas.
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8

Dodds, Thomas Edward. "The Internet and Canada's financial services sector". Thesis, National Library of Canada = Bibliothèque nationale du Canada, 1996. http://www.collectionscanada.ca/obj/s4/f2/dsk2/ftp04/MQ30885.pdf.

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9

Pieterse, Cornelius Louwrens. "A public sector integrated financial governance framework /". Link to the online version, 2006. http://hdl.handle.net/10019.1/1223.

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10

Sundin, Klas, e Fredrik Nordin. "Customer satisfaction in the Swedish financial sector". Thesis, Umeå universitet, Företagsekonomi, 2013. http://urn.kb.se/resolve?urn=urn:nbn:se:umu:diva-82001.

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Customer satisfaction has become an increasingly important factor over the years and companies are starting to realize how important it is to satisfy their customers. This study aims to investigate which the most influential factors behind customer satisfaction are. This led to the creation of the following research question:  Which are the most influential factors that affect customer satisfaction in Swedish banks?  The research question was answered by the statistical testing of nine hypothesizes. The statistical analysis was done using multiple regression analysis as well as an independent t- test. The data for the analysis was collected through the distribution of 175 surveys, which were handed out to students at Umeå University in Sweden.  The result of the data analysis showed that 59.7 % of the variance in customer satisfaction was explained by four variables. These variables were: appearance, competence, trust and word of mouth. These four variables were found to significantly affect customer satisfaction. The study also showed that there were no differences between genders regarding customer satisfaction.  This study contributes to the area of research by identifying the variables that are the most influential on customer satisfaction in Swedish banking. The methodology and the results of this study could also be of help to other researchers who wants replicate the study in order to identify the factors behind customer satisfaction in their own respective countries.
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11

Pieterse, C. L. "A public sector integrated financial governance framework". Thesis, Stellenbosch : University of Stellenbosch, 2006. http://hdl.handle.net/10019.1/1223.

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Thesis (PhD (School of Public Management and Planning ))—University of Stellenbosch, 2006.
Using an investigative approach the study starts by outlining the governance quandary that exists within the public sector, with observations made over the past decade by scholars and active role players in the governance arena both in the private sector and in the public sector. It continues to show a growing need for good governance in the public sector, especially in the developing economies of emerging democracies. It uses South Africa as an example in this regard, although the discussion can just as well be applied to other countries finding themselves in a similar situation. It places the governance debate in perspective and provides the background for the development of the Public Sector Integrated Financial Governance Framework (IFGF). A brief look is taken at the reasons for the growing focus on governance in general, governance in the private and public sector, the need for governance, the basic dynamics of governance, stakeholder relationships, the regulatory framework and the role of the judiciary. It then places this understanding of governance – from a financial perspective – within the South African context. Using the South African context the study discusses the need for an IFGF, the basic requirements for such an IFGF and then as a response proceeds to discuss the role of values and principles, functional application areas and governance-related activities in an IFGF. It develops a financial governance universe, which provides an overview of the various subsections within these aspects. From this basis the study proceeds to develop the IFGF by identifying specific principles and values applicable to South Africa, followed by a description of functional application areas consisting of leadership, management and control practices required as a minimum to ensure healthy public sector financial governance. It continues to develop governance-related activities based on existing frameworks recognised by public sector agencies globally and in some instance, designed for the private sector. The study proceeds to develop these areas to enable employees in the public sector to discharge their duties in a manner that can form the cornerstone in governance excellence. Having used a deductive approach during the first few chapters to develop the IFGF, the study then proceed using an inductive process to construct the conditions and the related activities required by the IFGF. It develops detailed information on specific activities that must be in place for the IFGF to be functional. These activities provide the “how” and are grouped together based on a recognised framework. Governance effectiveness depends on a situation where all areas are considered. Lastly the study focuses on the conclusions regarding the IFGF outcomes and therefore discusses the implementation of the IFGF and the impact on the accounting system, measuring governance and keeping the IFGF updated with developments internally and externally. The study shows the growing importance for developing countries and emerging economies to demonstrate healthy governance processes and practices. However, no consensus yet exists on the approach or methodology, particularly with regard to building national ownership of and political commitment to governance (Landell-Mills, 2003:369). Fortunately similar initiatives have been forthcoming from a number of countries and, although they are each focussed differently, they provide a base for developing a public sector IFGF for South Africa in particular, but can also be used as a guideline for other emerging democracies. Developing the governance universe facilitates the process of keeping track of a multitude of possibilities that are relevant in day-to-day management. The study determined the applicable criteria that an IFGF must satisfy to attract attention when funding is required from the donor community and to provide assurance to stakeholders with limited skills and knowledge that objectives are achieved effectively and efficiently in an ethical environment. The benefit of this framework is that it has passed the first scrutiny in South Africa namely that of the Provincial Treasury of the Provincial Government Western Cape (PGWC) public sector audit committees in the public sector (PGWC) and is currently being subjected to a four-year implementation process, starting with an awareness phase in all Departments of the PGWC. During this process the senior management of all the departments are being exposed to the principles contained in the IFGF and their practical observations and suggestions will be applied towards formulating an updated version of the Governance Framework of PGWC (Draft version 2.20e). This is significant, because it represents a healthy interaction between academic research and practical application, a process that is more often than not balanced, but appears to be in favour of either the one or the other.
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12

Xue, Wenjun. "Financial Sector Development, Economic Growth and Stability". FIU Digital Commons, 2018. https://digitalcommons.fiu.edu/etd/3715.

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My dissertation investigates financial sector development, economic growth and stability through the analysis of Chinese and international evidence. My first chapter is the introduction. The second chapter investigates the effects of Chinese financial and fiscal policies on the Chinese economic recovery in the 2008 economic stimulus Plan, covering the period from the Great Recession to 2014. This chapter explores the effects of the increase in bank credit growth with significant strain of banking health on firm-level output, employment and investment. The results demonstrate that the increase in government expenditure due to the fiscal policies has the significant effects on the very same firm-level indicators. The effects of such policies are shown to depend on firm characteristics such as size, liability ratio, profitability, ownership and industry. Regarding the dynamic effects of the policies, it is documented that the roles of Chinese financial and fiscal policies are effective but temporary on the Chinese economic recovery within about 2 years. In the third chapter, I investigate the effects of financial sector development on the growth volatility by using the data of 50 countries. The empirical results show that the aggregate growth volatility declines from 1997 to 2014 in the global perspective while the advanced countries have much smaller growth volatility than the developing countries. Using the dynamic panel threshold model, I find that financial sector development significantly reduces growth volatility, especially in its lower regime. Financial sector development magnifies the shock of inflation volatility towards growth volatility in its higher regime. My results reveal the importance of keeping financial sector development at an optimal level, which is beneficial to reduce aggregate fluctuations and dampen the inflation shocks. The fourth chapter examines the asymmetric roles of bank credit on the business cycle by using international evidence. The empirical results present that bank credit is pro-cyclical and amplifies the business cycle. This effect is larger in the economic peak and trough, which forms a U-shaped curve. The U-shaped influences are robust for alternative financial factors, including M2 supply and stock price. This paper contributes to explore the distinct roles of bank credit on the economy in different business cycle phases.
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Intarachote, Thida. "Financial liberalisation in Thailand". Thesis, Bangor University, 2001. https://research.bangor.ac.uk/portal/en/theses/financial-liberalisation-in-thailand(a9cafc30-bd1a-4046-8642-c0f38cdbaa84).html.

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Financial liberalisation is the process of financial development that reduces the extent of government control over the financial industry. It is argued that a liberalised financial system is a fundamental prerequisite for more efficient allocation of savings and investment, which in turn leads to greater economic growth. Financial liberalisation includes the freeing up of interest rate controls, exchange and capital controls, entry of foreign banks, and the deregulation of banking sector. The latter process, which comprises the deregulation of bank structure and conduct rules and the concomitant reregulation of bank prudential supervision, is generally targetted to improve the efficiency and productivity of banks. On the other hand, financial liberalisation and basic deregulation have also (been) precursors to many banking and financial crises. This study examines the effects of deregulation on the Thai banking sector during 1990- 97 using a two-stage approach. In the first-stage analysis, the relative efficiencies and productivity of each bank in each year are measured using DEA techniques. In the second-stage, regression techniques are used to evaluate the impact of financial deregulation on efficiency and productivity, controlling for bank-specific attributes. The main findings regarding bank efficiency are that on average banks operating in Thailand hardly improved their technical, allocative and cost efficiencies, except in 1996 and 1997. Most banks were better at optimising their input mix than minimising their usage and costs of inputs. There was a clear association between size and cost efficiency for the domestic Thai banks, and on average their cost efficiencies were greater than those of the foreign bank branches, all other things being equal. However, the majority of the banks on the best-practice efficient frontier were foreign, and the smallest Thai banks were the least efficient of all the banks studied. The average productivity of foreign banks increased over the period studied, and this was mainly due to outward shifts of the production frontier each year (technological progress) rather than improvements in relative efficiency. The average productivity of domestic banks did not change over time, as technological progress was offset by moves away from the best-practice frontier. Overall, the evidence for the postulated beneficial effects of deregulation is somewhat mixed. Improvements in total factor productivity were driven by the huge expansion in lending made possible by the liberalisation, but these increases in productivity were mainly achieved by the foreign bank branches whose operations were supported by substantial amounts of financial capital from their parents. Productive efficiency of the domestic banks did improve over the period of study, but these improvements were greatest for the large and medium size banks, thus widening the gap between the most inefficient group of small Thai banks and the rest of the banking sector.
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Parker, Shahkira. "Financial Management and Budget Reform implementation and constraints in the public sector since 1994: The Case of the health sector". Thesis, University of the Western Cape, 2007. http://etd.uwc.ac.za/index.php?module=etd&action=viewtitle&id=gen8Srv25Nme4_1814_1255004975.

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This research report examines the factors associated with facilitating and constraining the implimentation of financial management and budget reforms in the public sector using the Health Sector (National and Provincial Departments of Health) as a case study. The main findings of this report are that there are factors that are both facilitating and constraining the implementation of financial management and budget reform in South Africa. The primary constraining factor in this regard is that there is limited capacity in the country with regard to financial management.

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De, Groot Oliver Vizetelly. "Essays on the financial sector and macroeconomic policy". Thesis, University of Cambridge, 2013. https://www.repository.cam.ac.uk/handle/1810/265550.

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This thesis is comprised of four self-contained chapters. Chapters 1 and 2 examine, within a DSGE framework, the role of the financial sector in amplifying and propagating business cycles fluctuations in the macroeconomy and the role for macroeconomic policy. Chapter 3 deals with computational issues, and develops in more detail a part of the solution technique used in Chapter 2. Chapter 4 shifts towards the market for government bonds and examines whether fiscal policy reacts to changes in the cost of public debt finance. The four chapters share an overarching motivation, namely having all been motivated by the events of the current financial crisis - first in its guise as a banking crisis and then in its guise as a sovereign debt crisis. All four chapters make a contribution to the literature, whether it is to deepen the understanding of financial frictions models, how they behave, how to solve them and what the policy implications are, or whether it is to expand empirical evidence on fiscal policy behavior. Chapter 1, "Coordination Failure and the Financial Accelerator" studies the effect of liquidity problems in markets for short-term debt within a DSGE model with leveraged borrowers. Creditors (financial intermediaries) receive imperfect signals regarding the profitability of borrowers (entrepreneurs) and, based on these signals and their beliefs about other intermediaries' actions, choose between rolling over and foreclosing on the debt. Due to the uncoordinated actions of intermediaries, the incidence of rollover is suboptimal, generating endogenous capital scrapping and an illiquidity premium on external finance. As entrepreneurs become more leveraged, the magnitude of the coordination inefficiency increases as do the premiums paid on external finance. The interaction between entrepreneurial leverage and the illiquidity premium generates significant amplification of technology shocks, and predicts that periods of illiquidity in credit markets can generate sharp contractions in output. Two unconventional policy responses are analyzed. Dire.et lending to entrepreneurs is found to dampen output fluctuations. Equity injections into entrepreneurs' balance sheets, however, are significantly more powerful in dampening the contemporaneous effect of illiquidity shocks, but cause output deviations from potential to persist. Chapter 2, "The Risk Channel of Monetary Policy" examines how the design of monetary policy effects the riskiness of financial institutions aggregate portfolio structure, a mechanism referred to as the risk channel of monetary policy. I study the risk channel of moneta1y policy in a DSGE model with nominal frictions and a banking sector that has the option to issue outside equity as well as short term debt, making bank risk exposure an endogenous choice, and dependent on the (monetary) policy environment. The portfolio choice of the banks is determined by solving the model around its risky steady state. I find that banks reduce their reliance on short-term debt and decrease leverage when monetary policy shocks and prevalent. A monetary policy Taylor rule that reacts to movements in leverage in the banking system or to movements in credit spreads, incentivizes banks to increase their use of short-term debt funding and increase leverage, ceteris paribus, increasing the risk exposure of the financial sector for the real economy. The chapter finishes by searching for the optimal simple monetary policy rule in this environment. Chapter 3, "Computing the Risky Steady State in DSGE Models" describes a simple procedure for solving the risky steady state in medium-scale macroeconomic models. This is the "point where agents choose to stay at a given date if they expect future risk and if the realization of shocks is Oat this date" Coeurdacier, Rey, and Winant (2011) . This new procedure is a direct method which makes use of a second-order approximation of the macroeconomic model around its deterministic steady state, thus avoiding the need to employ an iterative algorithm to solve a fixed point problem. The methodology advanced in this chapter is used in Chapter 2. Chapter 4, "Cost of Borrowing Shocks and Fiscal Adjustment", based on joint work with Federic Holm-Hadulla and Nadine Leiner-Killinger, examines whether capital markets impose fiscal discipline on governments. We investigate the responses of fiscal variables to a change in the interest rate paid by governments on debt using a panel of 14 European countries over several decades. This is done in the context of a panel vector autoregressive (PVAR) model, using sign restrictions via the penalty function method of Mountford and Uhlig (2009) to identify structural cost-of-borrowing shocks. Our baseline estimation shows that a one percentage point rise in the cost of borrowing leads to a cumulative expansion of the primary balance-to-GDP ratio of approximately 1.9 percentage points over 10 years, with a fiscal response only significantly evident two years following the shock. We also find that the majority of fiscal adjustment takes place via a rise in government revenue rather than a cut in primary expenditure. The size of the total fiscal adJ'ustment ~ ' however, is insufficient to avoid the gross government debt-to-GDP ratio from rising as a consequence of the shock. Sub-dividing our sample we also find that the EMU countries post-1992 (the year of the Maastricht Treaty) raised thei primary balances more aggressively in response to a cost-of-borrowing shock than they did prior to 1992.
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Simatele, Munacinga. "Financial sector reforms and monetary policy in Zambia". Göteborg : Dept. of Economics [Nationalekonomiska institutionen], Handelshögsk, 2004. http://www.handels.gu.se/epc/archive/00003481/01/Simatele_avhandl.pdf.

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Yudaeva, Ksenia 1970. "Essays on financial sector, inflation and exchange rates". Thesis, Massachusetts Institute of Technology, 1998. http://hdl.handle.net/1721.1/10111.

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Kwablah, Andrews. "Financial Crowding Out of Ghanaian Private Sector Corporations". ScholarWorks, 2018. https://scholarworks.waldenu.edu/dissertations/4932.

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The government of Ghana borrows from both domestic and foreign sources to finance the budget deficit. By the year 2013, the domestic debt was 55% of the public debt. Government domestic borrowing is competitive and can potentially crowd out the private corporate sector. Therefore, the specific research problem addressed in this study was whether the Ghanaian government's domestic debt (DEBT) caused financial crowding out (FCO) in Ghana. FCO theory is not conclusive and not proven specifically for Ghana, so the purpose of this research was to investigate its presence in Ghana. The neoclassical theory of FCO underpinned the research. The 2 research questions investigated FCO along the quantity and cost channels. The research examined the relationship between DEBT as the independent variable, the quantity of private sector credit (PSCREDIT), and the net interest margin (NIM) of banks as dependent variables. Covariates were macroeconomic and banking industry variables. The research population was the banking sector of the financial services industry. The research was correlational, and it used time series data from the Bank of Ghana and the World Bank. Data analysis used the autoregressive distributed lag method. The analysis returned a negative relationship between DEBT and PSCREDIT, and a positve relationship between NIM and DEBT. These results indicated the presence of FCO along both the quantity and cost channels. The research provides policymakers a means of quantifying the extent and effects of fiscal policies. The study may contribute to positive social change by promoting the revision of fiscal policies to favor the private corporate sector to invest, create jobs, and grow the Ghanaian economy.
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Herz, Ghersi Jeannette M. "Achieving a dream in the agricultural sector". The International Journal of Instructional Cases (IJIC), 2019. http://hdl.handle.net/10757/625674.

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Mike Arce is the owner of a 30-hectare farm in an agricultural area on the coast north of Lima, Peru. He must find a solution to the liquidity problem that arose at the end of 2016 and determine if he has adequate accounting information to make his decision. Students are challenged to review information from an accounting and financial perspective. In the resolution of the case, international rules concerning information to be submitted via financial statements must be considered, especially taking into account the rules concerning agriculture, property/plant and equipment and inventories. This case lends itself to analysis and projection of financial statements and to seeking alternative solutions.
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20

Newberry, Susan Margaret. "New Zealand's Public Sector Financial Management System: Financial Resource Erosion in Government Departments". Thesis, University of Canterbury. Accountancy, Finance and Information Systems, 2002. http://hdl.handle.net/10092/862.

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New Zealand's public sector reforms have been hailed as a model of theoretical consistency and coherence. The associated financial management reforms, known internationally as new public financial management (NPFM), were world-leading although they are no longer unique. The underlying nature and intent of public sector reforms have been the subject of considerable debate internationally. Early public sector reforms openly sought privatisation, often on ideological grounds. However, in the face of gathering public opposition, public discussion of privatisation softened. NPM and NPFM have been promoted instead mainly on more pragmatic grounds such as improving public sector performance. In New Zealand, the Public Finance Act 1989 is the key legislation underpinning the financial management reforms. The Act delegates regulatory powers to the Treasury and, over time, a considerable body of secondary regulation, including accounting rules, has been developed. However, this secondary regulation, and its contribution to the success or otherwise of the public sector reforms, has not been examined in detail to date. In 1999, New Zealand s Controller and Auditor-General suggested that the financial management system erodes government departments resources and that somehow this resource erosion escapes parliamentary scrutiny. The Treasury, on the other hand, defended the foundations of the financial management system as solid, arguing that retention of the existing framework would allow further and faster progress towards improved performance and value-for-money than would be achieved by a new set of reforms. This debate prompts questions whether and, if so, how and why a financial management system, ostensibly implemented to improve the performance and accountability of the public sector, could be linked to such effects, and whether parliamentary scrutiny is indeed avoided. This thesis examines the secondary regulation and explains the development of the financial management system with the intention of answering those questions. The analysis undertaken in this thesis suggests that New Zealand's public sector financial management system fabricates the conditions under which privatisation initiatives might be accepted for pragmatic reasons. The erosion of departments financial resources is an essential mechanism in that fabrication process. As this system has developed, the time available for parliamentary scrutiny has reduced and the Controller and Auditor-General s controller function has been eroded, while the control and discretion exercised within the Treasury has increased. Arguably, these developments have helped to conceal the system s privatising intent. The thesis identifies features of the financial management system used to rationalise the financial resource-eroding processes. It also notes that if New Zealand's financial management system is no longer unique, then other NPFM systems may contain a similar combination of features.
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21

Aziz, Asmah Abdul. "Financial reporting by Scottish local authorities". Thesis, University of Aberdeen, 2000. http://digitool.abdn.ac.uk/R?func=search-advanced-go&find_code1=WSN&request1=AAIU603192.

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This research examines financial reporting by Scottish local authorities. Two particular aspects have been examined, namely audit lags and audit incidents. 65 local authorities were examined for the period 1989/90 until 1995/96. This period is classified as the pre-reorganisation period. Then the research continued by analysing audit lags and audit incidents for the 32 new postreorganisation local authorities for 1996/97 and 1997/98. The researcher used Luder's (1992) contingency model of public sector accounting innovations as a framework to analyse the stimuli for financial reporting changes in the Scottish local authorities. The effect of audit qualifications appears not to be a strong stimulus for the local authorities to improve financial reporting. The discussion on audit lags was divided into pre-reorganisation and postreorganisation periods. In addition, the ten local authorities in the Grampian and Tayside regional areas were studied for an additional 14 years. The results indicated that there was a persistent pattern among the local authorities in Scotland. The good performers were always good and the poor performers were always poor. Authorities like Angus DC managed to get an audit lag of around 4 months, while some local authorities took more than two years. Thus it is not impossible to get the accounts certified within four months. Audit incidents were classified into two categories, that is Audit Qualifications (AQ) and Comments Short of Audit Qualification (CSAQ). The performance among authorities varies tremendously. While some regional councils obtained very few audit incidents, some have many. Likewise some district councils have many and some have none. Islands appear to have more audit incidents. As proven by some authorities, getting a clean report is not impossible. Therefore it is important for local authorities to emphasise improving the audit lags and improving the quality of the accounts to obtain a clean report every year. Lengthy audit lag reflects inefficiency in management. This not only suggests weak internal control but also indicates that financial reporting is considered as a low priority task. Numerous audit incidents seem to signal that local authorities have not complied with all the rules and regulations. Repeated audit incidents imply that they were not serious in rectifying the situation. Reorganisation appears to disturb the ranking of the councils resulting in much longer audit lags in the last year of the abolished councils and the first two years after reorganisation. Thus, reorganisation contributes to longer audit lags and leads to numerous audit incidents, especially for 'limitation in audit scope'. Undoubtedly, Scottish local authorities should improve their financial reporting and their accountability to the public.
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22

Danquah, Godfred. "Designation of systemically important financial institutions in terms of the financial sector regulation bill". Diss., University of Pretoria, 2016. http://hdl.handle.net/2263/60039.

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The 2008 Global Financial Crisis caused the collapse of a number of the so-called ?too-big-to-fail? financial institutions. The crisis highlighted the need to maintain and promote financial stability, by monitoring systemic risks in the financial system. One of the popular global trends in financial sector regulation in response to the crisis was a shift towards a Twin Peaks model. According to this model, the authority responsible for prudential regulation is given the power to designate certain institutions as systemically important financial institutions (SIFIs). Further, a number of international instruments have been published, setting out standards and guidelines for designation of SIFIs. South Africa is currently on the move towards the Twin Peaks model, which is facilitated by the Financial Sector Regulation Bill. This dissertation investigates the rationale behind SIFIs and the process of designating SIFIs in South Africa once the Bill is enacted as an Act. A comparative study of Australia and the U.S is undertaken and the conclusion is that South Africa should lean more towards the Australian approach of designating SIFIs.
Mini Dissertation (LLM)--University of Pretoria, 2016.
Mercantile Law
LLM
Unrestricted
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23

Borah, David C. "Financial analysis of private sector firms within the DoD". Thesis, Monterey, Calif. : Springfield, Va. : Naval Postgraduate School ; Available from National Technical Information Service, 1995. http://handle.dtic.mil/100.2/ADA300832.

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24

Waema, Timothy Mwololo. "Information systems strategy formation in financial services sector organizations". Thesis, University of Cambridge, 1990. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.292174.

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25

Smith, Ruth M. "Profiling the loyal customer in the financial services sector". Thesis, Leeds Beckett University, 2003. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.412869.

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26

Nana-Fabu, Rosemary Tenga. "The informal financial sector and savings mobilization in Cameroon". Thesis, University of Salford, 1994. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.261863.

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27

Padgett, C. "Financial stucture and investment in the UK company sector". Thesis, University of Reading, 1988. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.234394.

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28

Grein, Matthias. "The role of the financial sector in macroeconomic modelling". Thesis, University of Cambridge, 2013. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.608269.

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29

Murtaza, Ghulam. "Financial service quality : evidence from banking sector of Pakistan". Thesis, University of Dundee, 2016. https://discovery.dundee.ac.uk/en/studentTheses/9c1b4bbe-3153-46ea-a5eb-6b8025f267ff.

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30

Blum, David, Klaus Federmair, Gerhard Fink e Peter Haiss. "The Financial-Real Sector Nexus. Theory and Empirical Evidence". Forschungsinstitut für Europafragen, WU Vienna University of Economics and Business, 2002. http://epub.wu.ac.at/196/1/document.pdf.

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Abstract (sommario):
Without doubt a well-developed financial sector is related to efficient resource allocation and growth, but there is modest consensus on the direction of that link, on the notion of what is meant by "well developed", on which subset of the financial market is crucial and thus which organisational set-up provides optimal returns for both architects and market participants alike. With sluggish growth, torn down market barriers and systemic change in the EU accession countries the direction, magnitude, sustainability, institutional set-up of the finance-growth nexus (and which), becomes one of the core issues of both macroeconomic theory and practice. This paper reviews the economic theory available, provides a well structured overview of 54 empirical studies conducted since 1964, sets the stage for constructing a data base encompassing the major three segments of financial markets (stock, bond and bank credit) and provides the methodological background for combining cross-country production function and time-series approaches in order to answer the following questions: (1) What is the direction of the finance-growth nexus, (2) which segment of the financial sector drives whatever nexus there is, and (3) what are the features of a growth supportive financial architecture.
Series: EI Working Papers / Europainstitut
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31

Gustafsson, Victor. "Artificial intelligence effect on jobs in the financial sector". Thesis, Mittuniversitetet, Avdelningen för ekonomivetenskap och juridik, 2018. http://urn.kb.se/resolve?urn=urn:nbn:se:miun:diva-34247.

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32

Zgambo, Peter. "Financial sector reforms and interest rate determination in Zambia". Master's thesis, University of Cape Town, 2005. http://hdl.handle.net/11427/5672.

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Includes bibliographical references (leaves 67-75).
This thesis is concerned with an empirical investigation of the determinants of lending rates in Zambia in the aftermath of financial sector reforms. Cointegration techniques in a multivariate framework are employed to investigate the issue. Empirical findings indicate the presence of long-run cointegrating relationships between the lending rate, money supply, expected inflation, domestic debt, expected domestic currency depreciation or appreciation and foreign interest rates.
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33

Němečková, Iveta. "Motivation and Retention of Employees in the Financial Sector". Doctoral thesis, Vysoká škola ekonomická v Praze, 2006. http://www.nusl.cz/ntk/nusl-71757.

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The dissertation thesis looks into motivation and retention of employees in the financial sector (banks and investment companies) of the Czech Republic. The first part of the dissertation thesis defines motivation and introduces theories of work motivation from the very beginning, through classic theories until contemporary theories of motivation and modern approaches towards it. Further, it explores employee motivation, motivational processes a factors influencing productivity of work. It also analyses intrinsic and extrinsic motivation and motivation of work behaviour, it introduces motivation programs as a part of motivational strategies. It the following part, the dissertation thesis introduces the subject of employee retention and sets reasons why retention of employees is necessary, what factors impact it and it also describes programs of retention. The second part of the dissertation thesis is dedicated to a comprehensive empiric research of work motivation and retention of employees in the financial sector, which has been executed in a form of survey attended by 119 respondents from various banks and investment companies active in the Czech Republic. The respondents were working in different working positions in their company's hierarchy. The survey was on top of that supported by discussions around round tables attended by 23 respondents. In this part of the dissertation thesis, there were set goals of the research and hypotheses, verification of which served to achievement of the goals. The first goal was to investigate presence of commonalities in employee motivation and retention in the financial sector, their identification and description of key components. The other goal was to make a comparison by the research identified key components of motivation and retention from the point of importance for the employees and compare what importance they had for the employees in the period before and during the global depression and predict their development in the period of recession. A partial goal of this thesis is its contribution to both scientific-pedagogic and business area. A goal for application in the business area is to introduce work motivation and retention subject to managers on all levels of management as a useful and necessary tool for management of people not only in financial enterprises but all subjects acting in the market economy. This dissertation thesis wishes to become inspiration and partial guidance for managers at all management levels in their daily personnel work and show what tools should be used by financial companies for employees motivation and retention not only now but also after the depression is over. There are also described research methods and research data processing methodology in this part. The third part of the dissertation thesis presents a detailed evaluation of research results. They are summarized to clearly arranged graphs and shown according to different viewpoints. Further, the dissertation thesis contains a summarized evaluation of results, hypotheses verification and recommendations for science and further research, very specific and detailed recommendations for business practice as well as for education of students in the field of employee motivation and retention at schools and universities. The entire dissertation thesis is inspiration for managers not only in the financial sector but anywhere, where it can assist as a guidance for managers at all levels of management in their daily work related to employee motivation and retention. There are summed up results of the set hypotheses and evaluated the goals at the end of the thesis.
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34

Lategan, Benjamin Johannes. "The consequences of dishonesty in the financial services sector". Diss., University of Pretoria, 2013. http://hdl.handle.net/2263/43141.

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35

Ndlebe, Pamella Panphilla. "Workplace Learning: Understanding financial sector institutions as learning environments". University of the Western Cape, 2019. http://hdl.handle.net/11394/6979.

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Magister Educationis (Adult Learning and Global Change) - MEd(AL)
The objective of the research is to understand the learning affordances offered at Insure Company, a large financial sector institution in South Africa and to explore how employees exercise their agency in responding to these opportunities for learning. The study draws on the concept of co-participation (Billett, 2004: 03) to explore how learning at work is shaped through learning affordances in the workplace on the one hand and engagement with these learning affordances on the other. Drawing on data gathered through interviews and analysis of company policies, this case study discusses how employees learn to perform their roles competently, how they access guidance and support from peers and more experienced colleagues and how they respond to these opportunities for learning. It also discusses the factors which enable or constrain their learning and agency. The research confirms that negative perceptions of workplace learning - as informal, unplanned, unstructured, limited to particular contexts and not transferable - are inaccurate. It supports the argument that there should be a clear understanding about how learning proceeds in workplaces and how best that learning should be organised. It is hoped that this case study makes a useful contribution towards developing such an understanding.
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36

Joseph, Arlene. "Global trading and transfer pricing: application of the transfer pricing methods and OECD BEPS Action Plan 9 to global trading of financial instruments by MNE groups in the financial services sector". Master's thesis, University of Cape Town, 2017. http://hdl.handle.net/11427/26956.

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This dissertation focuses on the Organisation for Economic Co-operation and Development ('OECD') transfer pricing methods and its application to Multinational Enterprise ('MNE') groups in the financial sector. This study examines whether the OECD's Base Erosion and Profit Shifting ('BEPS') Action Plan 9 is an appropriate framework for MNE groups in the banking sector or whether it creates further challenges. Additionally, the dissertation scrutinises MNE groups in the financial sector that are involved in the business of global trading of financial instruments. It further explores the functions of a global trading entity, the arm's length principle and the OECD BEPS Action Plan 9. This dissertation concludes that the global trading of financial instruments using the integrated trading model is challenged when the OECD traditional transfer pricing methods are applied. Multinational financial institution groups in the banking sector that are involved in the business of global trading of financial instruments are subject to rigid regulations. Furthermore, the report concludes that these rigid regulations mitigate some of the complications that arise when applying the OECD BEPS Action Plan 9. Taxing authorities need to focus greater attention on the global trading of financial instruments by multinational financial institutions groups. As South Africa's financial institutions expand across borders, the concerns over transfer pricing and BEPS are likely to intensify. It is therefore imperative that the South African revenue authorities prioritise the recruitment of skilled personnel in order to address the complexities posed by the global trading of financial instruments by multinational financial institution groups.
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37

Ludovico, Nuno Miguel Mantas. "Regulation and disclosure about financial instruments: evidence on financial reporting in the Portuguese banking sector". Master's thesis, NSBE - UNL, 2013. http://hdl.handle.net/10362/9844.

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A Work Project, presented as part of the requirements for the Award of a Masters Degree in Finance from the NOVA – School of Business and Economics
Financial instruments, and the underlying accounting regulation and reporting disclosure in the financial statements of banks, have been subject to great uncertainties and major changes. This paper aims at analyzing the impacts of the new regulation about financial instruments and to assess their current disclosure in the annual reports in the Portuguese banking sector. The sample consists of fourteen banks in the different sectors. This research reveals that IFRS 9 will turn the accounting of financial instruments more transparent and easy to compare among banks and that currently disclosure are related to the characteristics of banks and the economic cycle.
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Pelletier, Justin M. "Effects of Data Breaches on Sector-Wide Systematic Risk in Financial, Technology, Healthcare and Services Sectors". Thesis, Capella University, 2017. http://pqdtopen.proquest.com/#viewpdf?dispub=10615009.

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This research informs an ongoing debate regarding a firm’s incentives to invest in information security. Previous research reported that data breaches have had a decreasing impact on a company’s stock price over time, leading researchers to conclude that market-based incentives are decreasingly effective. Some information security economists also suggested that further regulation is necessary because they found that capital market participants poorly accounted for the spillover effects of a breach—the effects of a breach that are external to the breached company. However, some studies indicate that sector-wide systematic risk could measure spillover effects and that the effects of a data breach on systematic risk may have changed over time. The purpose of this study was to quantitatively describe the relationship between the data breach of a firm and changes to the systematic risk of that firm’s sector. This dissertation used event studies of sector-wide systematic risk within American stock markets to measure the external effects of breaches that occurred in companies within the financial, technology, healthcare and services sectors. The use of a repeated measures analysis of variance between those event studies allowed examination of longitudinal changes to sector-wide systematic risk between 2006 through 2016. This analysis found that the breach of an individual company had a significant impact on the systematic risk for that company’s entire sector (1.08% in 2016) and that these impacts have increased over time (p = 0.015). The results were consistent across all measured sectors, without any significant correlation attributable to the scope of the breach. Together, these findings suggest that market forces are increasingly incentivizing sector-wide investment in information security. Further research should consider the potential for government enforced meta-regulation of sector defined information security standards.

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39

Forouheshfar, Yeganeh. "Financial sector development, economic growth and demography in MENA region". Thesis, Paris Sciences et Lettres (ComUE), 2017. http://www.theses.fr/2017PSLED037/document.

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Cette thèse étudie l'impact des marchés financiers sur la croissance économique dans la région MENA. Le premier chapitre présente la situation économique, démographique et financière de la région. Le deuxième chapitre présente un modèle d'équilibre général à générations imbriquées, qui relie la croissance économique, les marchés financiers et l'évolution démographique. Le modèle est calibré et simulé pour trois pays de la région, présentant des tendances démographiques diverses. Les résultats montrent qu'un secteur financier plus performant conduit à une meilleure performance économique et à des taux d'emploi plus élevés. Par ailleurs, les jeunes sont les premiers bénéficiaires de la réforme du secteur financier. Le troisième chapitre teste empiriquement l'impact du secteur financier sur le secteur réel et la croissance dans 15 pays de la région MENA et constate un impact négatif du développement du secteur financier sur la croissance. Ces résultats soulignent l'inefficacité de secteur financier dans la région et le besoin urgent de cibler des politiques qui améliorent l'efficience du secteur et pas seulement sa taille. Dans le quatrième chapitre, un indicateur de développement des marchés financiers est construit pour les pays de la région. Cet indicateur est basé sur les 3 piliers que sont l'environnement macroéconomique, les institutions financières et les marchés financiers. Il prend en compte les spécificités des pays de la région MENA et permet de classer les pays de la région en fonction de leur performance dans le secteur financier
This thesis studies the impact of the financial markets on economic growth for MENA region. The first chapter presents a general overview of the region, with a focus on economic, demographic and financial market outlook of the region. In the second chapter an overlapping generation model is presented, that links economic development, financial markets and demographic shift. The model is simulated for three countries in the region with different speeds in demographic shift. The results show that a more efficient financial sector leads to better economic performance and higher employment rates, furthermore, youth are the primary beneficiaries of the reform in the financial sector. The third chapter tests empirically the link between the financial sector and the real sector in 15 MENA countries and finds a negative impact of financial sector development on growth. These results underline the expansion of an inefficient financial sector in the region, and the urgent need to focus on policies that target the efficiency of the sector and not solely its size. A comprehensive composite index for the financial sector development is developed in the fourth chapter. This index is based on three pillars that are, macroeconomic environment, financial institutions and financial markets. The index takes into account the specificities of MENA countries and allows us to rank the countries in the region according to their performance in the financial sector
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40

Tekinbas, Ege. "The Political Economy Of Spanish Financial Sector And Foreign Policy". Master's thesis, METU, 2009. http://etd.lib.metu.edu.tr/upload/12610576/index.pdf.

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This thesis analyses the Spanish financial system and foreign policy from a political economy point of view. The foundation, development and transformation of the financial elite in Spain and its affiliations with the policy-making elite are the main concerns of this study. The traditionally complex and interlocking relationship between the financial elite and the policy-making elite in Spain is a perfect showcase to demonstrate how policy and economy affect each other interchangeably. The financial system of Spain has always been highly oligopolistic which led to the continuation of its traditional political and economical protection for many decades before, during and after the liberalisation process went underway. This traditional protection has a very unique characteristic given the fact that it survived nearly a century, under a succession of various political and regulatory regimes with very different ideological agendas. &ldquo
How could the banking sector preserve its power and influence under many different political ideals and economic orientations&rdquo
is one the questions to which an answer is sought in this study. Naturally, this answer also covers the origins and structure of the power and influence that the financial elite held over the domestic and foreign policies of the country. Also, the mutual and complex relationship between economy and foreign policy as well as policy-making elite and economic elite, is analysed in this thesis. In other words, the consequences of the shifts in foreign and domestic policy agendas on the Spanish financial elite are studied.
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41

Crawford, Calvin Stacey. "Partnership strategies for financial stability in the non-profit sector". online access from Digital Dissertation Consortium, 2006. http://libweb.cityu.edu.hk/cgi-bin/er/db/ddcdiss.pl?MR23654.

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42

Pantazis, Konstantinos. "Enterprise Architecture at the Financial Sector with the EAAT Tool". Thesis, KTH, Industriella informations- och styrsystem, 2013. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-138610.

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In this Master Thesis an Enterprise Architecture Decision Making analysis is proposed within the field of Enterprise Architecture. A case study at a company within the financial sector has been conducted for validation of the proposed analysis. Firstly, the Enterprise Architecture Analysis Tool (EAAT), which has been developed by the Industrial Information and Control Systems (ICS) department of KTH, is described. This tool has been used during the whole Case Study in order to create present and possible future state models for measuring Service Availability. These models, which are based on a Metamodel, make possible the analysis of the Service Availability. Finally, some future research suggestions in the context of decision-making in Enterprise Architecture with EAAT are given.
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43

Ambrosius, Christian [Verfasser]. "Essays on Migrants' Remittances and the Financial Sector / Christian Ambrosius". Berlin : Freie Universität Berlin, 2012. http://d-nb.info/1028496508/34.

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44

Lee, Ho-yan, e 李可欣. "Government regulation in the financial services sector: a comparative perspective". Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1986. http://hub.hku.hk/bib/B31974806.

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45

Munenura, Rosemary. "Financial exclusion and capital structures in the Zimbabwean MSE sector". Thesis, Heriot-Watt University, 2005. http://hdl.handle.net/10399/1103.

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46

Xu, Xiaoping. "China : financial sector reform under the economic transition 1979-1991". Thesis, University of Sussex, 1996. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.296533.

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47

Robbins, Paul Anthony. "Information technology in the financial service sector : some geographical implications". Thesis, University of Leeds, 1993. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.442189.

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48

Gilligan, George Peter. "White collar criminology and the regulation of financial services sector". Thesis, University of Cambridge, 1995. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.308660.

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49

Auku-Tsede, Olivia. "Regulating the financial sector : the case of Susu in Ghana". Thesis, University of Manchester, 2009. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.538494.

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50

Бричко, Марина Михайлівна, Марина Михайловна Бричко e Maryna Mykhailivna Brychko. "Conceptualization of trust in the financial sector of the economy". Thesis, Sumy State University, 2019. https://essuir.sumdu.edu.ua/handle/123456789/77594.

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Trust has turned into the centre of academic interest among a spray of fields - economics, sociology, psychology, political science etc. - as a characteristic of agents and institutions’ behavior in socio-economic systems. In economic matters, trust has been regarded as determinant for economic growth, financial development, international trade and investments [3]. In literature, definitions and measurements of trust vary often using the concepts of trust, confidence, and sentiments interchangeably. We are not motivated by the development of a single economic notion of trust, but at the same time, we are seeking to reduce the pluralism of views and the multitude of conceptualizations by their amalgamating.
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