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This book integrates elements from agency theory and signalling theory and draws upon recent changes in the Australian payout policy and incentives pay for risk-averse employees to provide theoretical and empirical analyses that explain the paradox of the popularity of on-market stock buyback activities in a market environment characterised by reasonably high share prices. The authors utilise a dynamic model that rationalises this paradox, which is divided into three components. The first component predicts that executives may be conducting on-market stock buyback programmes (SBPs) to adjust equity-based remuneration for risk-averse employees, thereby motivating their performance without gra...
The story of Burundi is not simply about Africans or Americans, but about all of us. Compelling and heartrending account of Ambassador Kruger and his wife.
A stunning work of investigative reporting by a Canadian journalist who has risked her own life to bring us a deeply disturbing history of the Rwandan genocide that takes the true measure of Rwandan head of state Paul Kagame. Through unparalleled interviews with RPF defectors, former soldiers and atrocity survivors, supported by documents leaked from a UN court, Judi Rever brings us the complete history of the Rwandan genocide. Considered by the international community to be the saviours who ended the Hutu slaughter of innocent Tutsis, Kagame and his rebel forces were also killing, in quiet and in the dark, as ruthlessly as the Hutu genocidaire were killing in daylight. The reason why the la...
This book provides detailed analyses of systems that have been established to provide reparations to victims of genocide, crimes against humanity and war crimes, and the way in which these systems have worked and are working in practice. Many of these systems are described and assessed for the first time in an academic publication. The publication draws upon a groundbreaking Conference organised by the Clemens Nathan Research Centre (CNRC) and REDRESS at the Peace Palace in The Hague, with the support of the Dutch Carnegie Foundation. Both CNRC and REDRESS had become very concerned about the extreme difficulty encountered by most victims of serious international crimes in attempting to acces...
The book provides deep insight into theoretical and empirical evidence on information and communication technologies (ICT) as an important factor affecting financial markets. It is focused on the impact of ICT on stock markets, bond markets, and other categories of financial markets, with the additional focus on the linked FinTech services and financial institutions. Financial markets shaped by the adoption of the new technologies are labeled ‘digital financial markets’. With a wide-ranging perspective at both the local and global levels from countries at varying degrees of economic development, this book addresses an important gap in the extant literature concerning the role of ICT in t...
This book contributes to the present state of knowledge, offering the reader broad evidence on how new digital technologies impact financial systems. It focuses on both macro- and micro-perspectives of ICT influence on financial markets. The book demonstrates how ICT can impact trading systems or information systems, which are crucial for financial systems to work effectively. It also shows how individuals can benefit from the adoption of digital technologies for everyday financial (e.g., banking) systems usage. The book provides empirical evidence of how digital technologies revolutionize the banking sector and stock exchange trading system and explores the associations between technology a...
This book is for Reiki Practitioners & masters specially for level 1 learning & teachings,as it is designed in such a way that complete information is provided,also specific images are used for clear information as it require practices to get skilled in Reiki.
Corporate Payout Policy synthesizes the academic research on payout policy and explains "how much, when, and how". That is (i) the overall value of payouts over the life of the enterprise, (ii) the time profile of a firm's payouts across periods, and (iii) the form of those payouts. The authors conclude that today's theory does a good job of explaining the general features of corporate payout policies, but some important gaps remain. So while our emphasis is to clarify "what we know" about payout policy, the authors also identify a number of interesting unresolved questions for future research. Corporate Payout Policy discusses potential influences on corporate payout policy including manage...
In the current era of globalised financial markets, the stock market cannot be assessed solely by comparing quantitative features such as the number of listed companies or capitalisation on the stock exchange. This is of secondary importance from an investor's point of view. What is important, however, is how a given stock market behaves towards the environment – whether it is ‘hyperactive’ or ‘excessively lethargic’ in response to information. This book provides an innovative tool for assessing global stock markets. It describes the complex concept of ‘stock market development’ in light of classical and behavioural finance theories and considers both quantitative (the number o...
'Tremendous. A moving and haunting tribute to the human spirit' WILLIAM BOYD Into the heart of a genocide that left a million people dead 6 April 1994: In the skies above Rwanda the presidentâe(tm)s plane is shot down in flames. Near Kigali, Jean-Pierre holds his family close, fearing for their lives as the violence escalates. In the chapel of a hillside village, missionary priest Vjeko Curic prepares to save thousands of lives The mass slaughter that follows âe" friends against friends, neighbours against neighbours - is one of the bloodiest chapters in history Twenty years on, BBC Newsnight producer David Belton, one of the first journalists into Rwanda, tells of the horrors he experienced at first-hand. Now following the threads of Jean-Pierre and Vjeko Curicâe(tm)s stories, he revisits a country still marked with blood, in search of those who survived and the legacy of those who did not. This is David Belton's quest for the limits of bravery and forgiveness.