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Books in Economics and finance

Our Economics and Finance titles are essential reading for students, scholars, policymakers, and market practitioners who want to stay up-to-date with the latest research and foundational topics in the field, from financial markets and trade to e-commerce, econometrics, quantiative investing, financial technology, financial engineering, global finance, corporate finance, law and economics, macro and microeconomics, and risk management.

Titles manage to balance quality of content with the increasing demand for a wider view of the vast array of topics in the field of Economics and Finance.

BooksJournals

    • Strategic Business Planning for Accountants

      • 1st Edition
      • August 31, 2006
      • Dimitris N. Chorafas
      • English
      • Hardback
        9 7 8 0 7 5 0 6 8 1 3 2 2
      • eBook
        9 7 8 0 0 8 0 4 8 1 1 2 8
      This book examines the practice of strategic business planning, including its functions, methods, tools, and the way in which they are employed. It does so in a practical way through case studies, which help in demonstrating how to innovate in order to overcome obstacles and cover new and evolving challenges.The book is divided into six parts : • part 1 focuses on the strategic plan, as master plan of the enterprise • part 2 covers the management functions whose able execution makes the difference between success and failure: forecasting, planning, organizing, staffing, directing, and controlling • part 3 demonstrates that modern accounting rules, promoted by IFRS and US GAAP, not only assist in strategic financial planning but also provide a solid basis for management supervision and control • part 4 brings your attention the fact that costs matter. Strategic business plans that pay little or no attention to cost factors are doomed • part 5 addresses the issues associated with strategic products and markets. These range from research and development to market research, product planning, the able management of marketing functions, and sales effectiveness• part 6 concludes the book with an emphasis on mergers, acquisitions, and consolidations and the risks associated with an M&A policyChief executives, operating officers, treasurers, financial officers, budget directors, accountants, auditors, product planners, marketing directors, and management accounting specialists will find this book of practical examples helpful to their decisions and to their work.

    • Corporate Governance

      • 1st Edition
      • March 8, 2006
      • Alex Knell
      • English
      • Paperback
        9 7 8 0 7 5 0 6 6 9 2 4 5
      • eBook
        9 7 8 0 0 8 0 4 7 6 8 8 9
      Aimed at the senior managers of SMEs who are looking to sell all or part of the business. This book shows how to implement Corporate Governance procedures to add both perceived and real value to a business. Implementing CG procedures before sale of the business is likely to add a premium to the price, increase the pool of buyers at the asking price and bring a business to the top of the acquisition shopping list. The book is in two sections. The first addresses the basic theory underpinning Corporate Governance to help the reader understand and decide which compliance issues are immediately useful to their business, and which can wait. Prioritisation is key.The second section explains the Code, section by section. It indicates clearly what is being asked for with a “translation” into plain English. It explains what needs to be done and provides a series of check-lists. CG standards are here to stay and the demands are rising. This book is a guide to voluntarily adopting CG to demonstrate the pedigree and worth of any business – and to let that business stand out from the rest.

    • Handbook of the Economics of Art and Culture

      • 1st Edition
      • Volume 1
      • September 13, 2006
      • Victor A. Ginsburgh + 1 more
      • English
      • eBook
        9 7 8 0 0 8 0 4 6 4 7 5 6
      Over the last 30 or 40 years a substantial literature has grown up in which the tools of economic theory and analysis have been applied to problems in the arts and culture. Economists who have surveyed the field generally locate the origins of contemporary cultural economics as being in 1966, the year of publication of the first major work in modern times dedicated specifically to the economics of the arts. It was a book by Baumol and Bowen which showed that economic analysis could illuminate the supply of and demand for artistic services, the contribution of the arts sector to the economy, and the role of public policy. Following the appearance of the Baumol and Bowen work, interest in the economics of the arts grew steadily, embracing areas such as demand for the arts, the economic functions of artists, the role of the nonprofit sector, and other areas. Cultural economics also expanded to include the cultural or entertainment industries (the media, movies, the publishing industry, popular music), as well as heritage and museum management, property right questions (in particular copyright) and the role of new communication technologies such as the internet. The field is therefore located at the crossroads of several disciplines: economics and management, but also art history, art philosophy, sociology and law. The Handbook is placed firmly in economics, but it also builds bridges across these various disciplines and will thus be of interest to researchers in all these different fields, as well as to those who are engaged in cultural policy issues and the role of culture in the development of our societies.

    • Electronic Financial Services

      • 1st Edition
      • February 28, 2006
      • Hakman A Wan
      • English
      • Paperback
        9 7 8 1 8 4 3 3 4 1 3 2 1
      • Hardback
        9 7 8 1 8 4 3 3 4 1 9 0 1
      • eBook
        9 7 8 1 7 8 0 6 3 1 4 6 2
      Electronic Financial Services provides an extensive overview of technology management and information communications technologies (ICT) in the financial services. Chapters cover E-banking, E-insurance, E-stock trading and E-fundraising and use examples of state-of-the-art information systems that are supporting the Internet operations of many financial service institutions.

    • The Globalisation of Executives and Economies

      • 1st Edition
      • December 31, 2006
      • John Walsh
      • English
      • Hardback
        9 7 8 1 8 4 3 3 4 2 8 1 6
      • eBook
        9 7 8 1 7 8 0 6 3 2 5 2 0
      How has globalisation affected the executives and economy of Thailand, one of the most dynamically growing countries in East Asia? This book provides coverage of crucial industrial sectors in the Thai economy, comparisons between the past and the present Thai economy and a variety of studies aiming to explain the behaviour of Thai executives and consumers.

    • Stress Testing for Risk Control Under Basel II

      • 1st Edition
      • November 17, 2006
      • Dimitris N. Chorafas
      • English
      • Hardback
        9 7 8 0 7 5 0 6 8 3 0 5 0
      • eBook
        9 7 8 0 0 8 0 4 6 7 0 5 4
      The Consultative paper issued by the Basel Committee on Banking Supervision (Basel II) cites the failure of bankers to adequately stress test exposures as a major reason for bad loans. Sample quotes from this crucial document: * "Banks should take into consideration potential future changes in economic conditions when assessing individual credits and their credit portfolios, and should assess their credit risk exposures under stressful conditions." * "The recent disturbances in Asia and Russia illustrate how close linkages among emerging markets under stress conditions and previously undetected correlations between market and credit risks, as well as between those risks and liquidity risk, can produce widespread losses."* "Effective stress testing which takes account of business or product cycle effects is one approach to incorporating into credit decisions a fuller understanding of a borrower's credit risk."Written for professionals in financial services with responsibility for IT and risk measurement, management, and modeling, Dimitris Chorafas explains in clear language the testing methodology necessary for risk control to meet Basel II requirements. Stress testing is the core focus of the book, covering stress analysis and the use of scenarios, models, drills, benchmarking, backtesting, and post-mortems, creditworthiness, wrong way risk and statistical inference, probability of default, loss given default and exposure at default, stress testing expected losses, correlation coefficients, and unexpected losses, stress testing related to market discipline and control action, and pillars 2 and 3 of Basel II.

    • Fundamentals of Fund Administration

      • 1st Edition
      • December 15, 2006
      • David Loader
      • English
      • Paperback
        9 7 8 0 0 8 0 9 7 3 8 3 8
      • Hardback
        9 7 8 0 7 5 0 6 6 7 9 8 2
      • eBook
        9 7 8 0 0 8 0 4 6 8 1 5 0
      Fundamentals of Fund Administration fills a gap in the lack of books that cover the administration and operations functions related to funds. With the growth of hedge funds globally there is more and more requirement for fund administration services, and the success of the fund administration is crucial to the success of the funds themselves in a highly competitive market. As the focus on operational risk, cost effective support and administration of trading and investment and the ability to design, develop and deliver added-value services for clients grows there is a need for a comprehensive analysis of what happens from trade to settlement and beyond and the exact role that the fund administrator may be required to provide. The book helps those responsible for managing and supervising fund administration services by examining the decisions, actions and problems at the various stages as well as explaining the products and infrastructure that services support.

    • Cash Return on Capital Invested

      • 1st Edition
      • May 10, 2006
      • Pascal Costantini
      • English
      • Paperback
        9 7 8 0 0 8 0 9 7 3 8 6 9
      • Hardback
        9 7 8 0 7 5 0 6 6 8 5 4 5
      • eBook
        9 7 8 0 0 8 0 4 6 1 7 8 6
      In this book, Pascal Costantini gives a lively and wonderfully readable account of ten years of efforts by a small group of investment analysts to find a reliable, practical and implementable method for valuing and selecting shares. The result of their effort is an original investment methodology called CROCI (Cash Return on Capital Invested), best described as a variation of the economic profit model. For over a decade now, Costantinis group at Deutsche Bank has been using this valuation tool every time it has had to take a view on the pricing of an equity asset, be it a market, a sector or an individual sharein other words, every single working day, since it is this groups job to advise institutional investors on equity valuation. Costantini describes in detail, accompanied by concrete examples in the form of charts and graphs, the precise investment results of the actual implementation of the CROCI approach in the global equity markets since 1996. Readers will enjoy taking this journey with Costantini to see how and why the model was developed, assess the results of ten years of actual implementation and measure the successes of using this model in stock picking and portfolio construction. This book will also make it easy for them to see how the CROCI approach can be used successfully by others now and in the future.The book is divided into four parts. The first part is a review and discussion of the fundamentals of investment analysis. The second part is dedicated to the construction of economic data, with the sole objective of calculating an economically meaningful asset multiple and relative return, the combination of which gives an economic PE ratio, the authors main stock selection tool. While the economic profit model is not exactly new, it is still largely ignored by the investment community. In essence, it does three things: it calculates the real amount of cash, or value created by a business; it compares the market value of an asset to an approximation of its replacement value; and it assumes that the former will converge to the latter through the arbitrage of investors and capital providers. The third part is dedicated to the analysis of economic data, and the last part deals with the actual implementation of the CROCI economic profit model, including real life examples. This final part also discusses how to use the output of the CROCI model with individual stocks, and then with investment portfolios.*Techniqu... are based on the authors performance record at Deutsche Bank since 1996 *Based on almost ten years of proprietary knowledge and implementation of these techniques*Factual illustrations of the results of the valuation techniques are provided at each step

    • Market Data Explained

      • 1st Edition
      • October 2, 2006
      • Marc Alvarez
      • English
      • Hardback
        9 7 8 0 7 5 0 6 8 0 5 5 4
      • Paperback
        9 7 8 0 0 8 0 9 7 3 9 4 4
      • eBook
        9 7 8 0 0 8 0 4 6 5 7 8 4
      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

    • Venture Capital in Europe

      • 1st Edition
      • October 19, 2006
      • Greg N. Gregoriou + 2 more
      • English
      • Hardback
        9 7 8 0 7 5 0 6 8 2 5 9 6
      • eBook
        9 7 8 0 0 8 0 4 6 6 0 7 1
      Until recently, only the United States had an active venture capital market. This is changing rapidly, as many other countries have experienced rapid growth in venture capital financing over the past five years. This book contains new scientific articles showcasing the latest research on venture capital in Europe. Venture capital investment remains a hot topic with portfolio managers, individual investors, academics worldwide. This book examines in detail all the major issues regarding venture capital investment: contracting, financing, regulation, valuation, etc. and identifies new trends in the venture capital arena. Features a foreword by Josh Lerner.

Related subjects

Agricultural and natural resource economics

Business economics

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Financial economics

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Macroeconomic and monetary economics

Mathematical and quantitative methods

Methodology and history of economic thought

Microeconomics

Public economics

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