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Elsevier

Books in Fixed income debt capital markets

  • Advanced Fixed Income Analysis

    • 2nd Edition
    • Moorad Choudhry + 1 more
    • English
    Each new chapter of the Second Edition covers an aspect of the fixed income market that has become relevant to investors but is not covered at an advanced level in existing textbooks. This is material that is pertinent to the investment decisions but is not freely available to those not originating the products. Professor Choudhry’s method is to place ideas into contexts in order to keep them from becoming too theoretical. While the level of mathematical sophistication is both high and specialized, he includes a brief introduction to the key mathematical concepts. This is a book on the financial markets, not mathematics, and he provides few derivations and fewer proofs. He draws on both his personal experience as well as his own research to bring together subjects of practical importance to bond market investors and analysts.

  • Introduction to Mortgages and Mortgage Backed Securities

    • 1st Edition
    • Richard K. Green
    • English
    In Introduction to Mortgages & Mortgage Backed Securities, author Richard Green combines current practices in real estate capital markets with financial theory so readers can make intelligent business decisions. After a behavioral economics chapter on the nature of real estate decisions, he explores mortgage products, processes, derivatives, and international practices. By focusing on debt, his book presents a different view of the mortgage market than is commonly available, and his primer on fixed-income tools and concepts ensures that readers understand the rich content he covers. Including commercial and residential real estate, this book explains how the markets work, why they collapsed in 2008, and what countries are doing to protect themselves from future bubbles. Green's expertise illuminates both the fundamentals of mortgage analysis and the international paradigms of products, models, and regulatory environments.

  • An Introduction to Credit Derivatives

    • 2nd Edition
    • Moorad Choudhry
    • English
    The second edition of An Introduction to Credit Derivatives provides a broad introduction to products and a marketplace that have changed significantly since the financial crisis of 2008. Author Moorad Choudhry gives a practitioner's perspective on credit derivative instruments and the risks they involve in a succinct style without sacrificing technical details and scientific precision. Beginning with foundational discussions of credit risk, credit risk transfer and credit ratings, the book proceeds to examine credit default swaps and related pricing, asset swaps, credit-linked notes, and more. Ample references, appendices and a glossary add considerably to the lasting value of the book for students and professionals in finance.

  • Fixed Income Markets and Their Derivatives

    • 3rd Edition
    • Suresh Sundaresan
    • English
    The third edition of this well-respected textbook continues the tradition of providing clear and concise explanations for fixed income securities, pricing, and markets. Fixed Income Markets and Their Derivatives matches well with fixed income securities courses. The book's organization emphasizes institutions in the first part, analytics in the second, selected segments of fixed income markets in the third, and fixed income derivatives in the fourth. This enables instructors to customize the material to suit their course structure and the mathematical ability of their students.

  • Market Data Explained

    A Practical Guide to Global Capital Markets Information
    • 1st Edition
    • Marc Alvarez
    • English
    Market Data Explained is intended to provide a guide to the universe of data content produced by the global capital markets on a daily basis. Commonly referred to as “market data”, the universe of content is very wide and the type of information correspondingly diverse. Jargon and acronyms are very common. As a result, users of marker data typically face difficulty in applying the content in analysis and business applications. This guide provides an independent framework for understanding this diversity and streamlining the process of referring to content and how it relates to today’s business environment. The book achieves this goal by providing a consistent frame of reference for users of market data. As such, it is built around the concept of a data model – a single, coherent view of the capital markets independent of any one source, such as an exchange. In particular it delineates clearly between the actual data content and how it is delivered (i.e., realtime data streams versus reference data). It shows how the data relates across the universe of securities (i.e., stocks, bonds, derivatives etc.). In this way it provides a logical framework for understanding how new content can be added over time as the business develops. Special features:1. Uniqueness – this is the first comprehensive catalog and taxonomy to be made available for a business audience2. Industry Acceptance – the framework described in this book is implemented as a relational data model in the industry today and used by blue chip multinational firms3. Comprehensiveness – there are no arbitrary distinctions made based on asset class or data type (the legacy approach). The model presented in this book is fully cross asset and makes no distinction between data types (i.e., realtime versus historical/reference data) or sources4. Independence – the framework is an independent, objective overview of how the data content integrates to provide a coherent view of the data produced by the global capital markets on a daily and intra-day basis. It provides a logical framework for referring to the content and entities that are so intrinsic to this industry

  • Interest Rate Risk Management

    • 1st Edition
    • Christine Helliar
    • English
    Financial risk management is currently subject to much debate, especially the accounting for derivative products, and a number of commentators are objecting to the introduction of International Accounting Standard IAS 39 for Derivatives that will be in force by January 2005 for all EU companies. The topic of hedge accounting and the treatment of fair values may have a significant impact on many companies reported profits, and the volatility of earnings is likely to increase. Uniquely this monograph focuses on interest rate risk management. Most studies of corporate risk management have typically dwelt on the topic of management of exchange rate risk, with interest rate risk management being neglected. The book’s findings examine the views of UK corporate treasurers who are usually involved in the risk management strategies of their organisation and who have responsibility for implementing those strategies in practice.

  • Practical Financial Modelling

    A Guide to Current Practice
    • 1st Edition
    • Jonathan Swan
    • English
    This book is for all financial professionals whose work, to a greater or lesser degree, involves complex spreadsheets and financial models. This includes investment bankers, commercial banks, accountancy firms, property firms, public sector including local government and healthcare, PFI/PPP enterprises, financial managers and financially literate general managers. Junior/middle management, where the focus would be on cash flow forecasting and budgeting tasks, will also find this book of value.For the vast majority of people involved in this subject, financial modelling is an activity, a task requiring skills. Once people have the ability to structure the model, they have a better starting point from which to address the financial problems. This new book proposal intends to offer that starting point.Theory is limited to the absolute essentials that aid understanding; thus the focus with this new book is very practical - this is "how-to-do-it", showing best practice, and is illustrated with many practical worked examples.

  • Syndicated Lending

    • 1st Edition
    • Andrew Fight
    • English
    Syndicated Lending aims to increase the readers awareness of the benefits and risks involved in taking part in the Syndicated Loan market.This book covers:*Who the major players in the syndication loan market are*Why syndication loans are used*Syndication loan structures and documentation*Second... syndication loan market

  • Management Accounting- Case Study May 2004 Exam Q&As

    • 1st Edition
    • English

  • Financial Accounting Fundamentals November 2003 Exam Q&As

    • 1st Edition
    • English
    Examiners, lecturers and students know that practice is vital to exam success, so why not test your knowledge with these useful books?

  • Intellectual Capital

    Measuring the Immeasurable?
    • 1st Edition
    • Anthony Wall + 2 more
    • English
    Intellectual Capital investigates how companies throughout Ireland are measuring their intellectual capital assets and how their efforts compare to those of the leading exponents of intellectual capital. This report: * includes a survey of twenty-eight Irish companies * highlights the importance of intellectual capital within the new economy * defines the role of the management accountant in the area of intellectual capital The authors conclude there is a recognition of intellectual capital and its measurement in Irish companies, but acknowledge the masurement and practices appear to be taking place in isolation rather than forming part of an overall intellectual capital management strategy.

  • Bond and Money Markets

    Strategy, Trading, Analysis
    • 1st Edition
    • Moorad Choudhry
    • English
    The Bond and Money Markets is an invaluable reference to all aspects of fixed income markets and instruments. It is highly regarded as an introduction and an advanced text for professionals and graduate students.Features comprehensive coverage of: * Government and Corporate bonds, Eurobonds, callable bonds, convertibles * Asset-backed bonds including mortgages and CDOs * Derivative instruments including futures, swaps, options, structured products* Interest-rate risk, duration analysis, convexity, and the convexity bias * The money markets, repo markets, basis trading, and asset/liability management * Term structure models, estimating and interpreting the yield curve * Portfolio management and strategies,total return framework, constructing bond indices

  • Cost Control

    A Strategic Guide
    • 1st Edition
    • David Doyle
    • English
    The current economic climate has meant that cost control is firmly back on the corporate agenda. This edition maintains that all too often, costs are cut in a way that is actually detrimental to the company in the short and long-term. The author highlights and examines the many pitfalls managers face, and suggests a more flexible model which will offer stability and sustainability in the modern global marketplace. Getting maximum results out of organisational resources while minimising costs will continue to rank as one of the main strategic issues facing managers for many generations to come.

  • Management Accounting and Strategic Human Resource Management

    • 1st Edition
    • John Innes + 1 more
    • English
    This research report investigates the role of management accounting (MA) in relation to strategic human resource management (SHRM). The two main objectives of the report were:1. The existing MA information provided within the context of the SHRM process.2. Managers' and accountants' views on what role MA information could play in SHRM in future.Includes in-depth case studies of four leading-edge companies (Royal Mail, Canada Post Corporation, TDG plc, Weycan). In summary the four case studies show that management accountants contribute in many different ways to SHRM such as:Providing information for SHRM planningAnalysing HR strategiesProviding information for HR decision-makingMeasu... HR performance (financial and non-financial)Benchm... HR performance

  • Shareholder or Stakeholder Value

    • 1st Edition
    • S. Cooper + 2 more
    • English
    This research report investigates two new approaches to the management and evaluation of performance within large UK quoted companies. The first of these is that of Value-based Management, and the second Stakeholder Value.37 interviews were carried out with senior personnel to investigate their formal and informal performance management system and superior insights were gained into the behavioral and cultural dimensions of the performance management process.

  • The Co-ordination of Mission Statements, Objectives, and Targets in UK Executive Agencies

    • 1st Edition
    • R. Eden + 1 more
    • English
    The main objective of this report is to review the rationale and difficulties of using a highly rational model of management in the public sector, with its focus on targeting, measuring and reporting performance.It also aims to identify the degree to which the mission statement, objectives and targets in the corporate and business plans of agencies are consistent, complete and co-ordinated.Finally it sets out to identify the perceptions of chief executives of agencies in Northern Ireland with reference to the development, use and impact of mission statements, objectives, targets and performance measures.

  • Value Based Management

    • 2nd Edition
    • Robert Scarlett
    • English
    Over the last 25 years a disparate body of management techniques has been developed which seeks to ensure that a business process creates the highest possible value for the owners of, and other stakeholders in, that process. The relevant techniques relate to performance evaluation, decision-making, strategy and organisation. The practical application of these techniques is known as 'value-based management'.This text seeks to explore value-based management through a study of writings in newspapers, professional journals, academic publications, and technical manuals. Most writings included are extracts from longer publications or abridged versions of original articles.

  • Authorities on Benchmarking

    The State of Benchmakring in UK Local Government
    • 1st Edition
    • M. Bowerman + 1 more
    • English
    This report researches what is currently being done in the name of benchmarking by local authorities. There was benchmarking activity in the local authority sector long before the idea was popularised in the private sector. Benchmarking, in the form of cost and activity comparisons, has been practiced in UK local government since the 1970s. The implementation in 1997 of Best Value, a major new policy initiative in local government, has proved catalytic and benchmarking has burgeoned. The report presents a number of case studies into the use of benchmarking including the County Council, City Council and Police Force and gives detailed conclusions and recommendations.

  • Environmental Management, Environmental Accounting and Financial Performance

    • 1st Edition
    • J. Toms
    • English
    The research investigated differences in performance between comapnies that persue environmentally friendly policies and those that do not. The Survey was based on relative financial performance data for around 250 large public limited companies in 25 sectors over a seven year period.

  • Accounting for Risk in the NHS

    • 1st Edition
    • P. Fenn + 3 more
    • English
    Drawing on research into accounting issues arising from claims made upon NHS Trusts by patients, staff and members of the public, this report examines the process of accounting for risk in th NHS and its implications for risk management. It investigates the interdependence of decisions on information gathered in relation to the frequency and severity of liabilities, the reporting of costs and liabilities in financial statements and decisions to control or transfer these risks to purchasers of insurers.

  • Cost System Design and Profitabillity Analysis in UK Companies

    • 1st Edition
    • COLIN DRURY + 1 more
    • English

  • Information System Development in the Small Firm

    The Use of Management Accounting
    • 1st Edition
    • Falconer Mitchell + 2 more
    • English

  • Management Accounting in Small Growth Orientated Service Sector Businesses

    • 1st Edition
    • L. Perren + 2 more
    • English

  • Financial Reporting

    • 1st Edition
    • Robert Kirk
    • English
    Financial Reporting is aimed at the busy professional accountant. It represents a distillation of the best and most relevant articles in the professional accounting press published over the last three years. The articles have been extracted from such prominent journals as Accountancy, the Journal of Accountancy, Management Accountancy and Accountancy Ireland. It concentrates not only on the content and controversy surrounding the publication of the latest accounting standards but also investigates such important subjects as materiality and international harmonization which are currently exercising many professional accountants' minds. The last two chapters of the book introduce the reader to some of the latest thinking on subjects as diverse as deferred taxation, pensions and environmental reporting.

  • Fixed Income and Interest Rate Derivative Analysis

    • 1st Edition
    • Mark Britten-Jones
    • English
    Fixed Income and Interest Rate Derivative Analysis gives a clear and accessible approach to the analytical techniques of debt instrument valuation. Without using complicated mathematical abstractions, this text shows that the fundamentals of fixed income and interest rate derivate analysis can be easily understood when seen as a small number of simple economic concepts. Concepts inroduced in this book are reinforced and explained, not with the use of high-powered mathematics, but with actual examples of various market instruments and case studies from North America, Europe, Australia and Hong Kong. The text also contains review questions which aid the reader in their understanding. Mark Britten-Jones, BEcon, MA, PhD, is an Assistant Professor of Finance at the London Business School where he teaches Fixed Income Securities and Markets as part of a MBA and Master's course in Finance.