Ever since the evolvement of modern macroeconomics, theories without foundation in the Keynesian view, such as Real Business Cycle (RBC) theories, have aimed for recognition.The purpose of this paper is to examine whether the Cross-Section Volatility model (CSV), a RBC-model developed by Laclair Brainard and David Cutler (1993) based on US data, holds and demonstrates …
In this paper, we study systematic risk factors that influence returns in the Russian stock market and investigate how Swedish Russia and Eastern Europe funds have performed and managed their portfolio holdings in an emerging market environment. We find that the Russian stock markets exposure to systematic risk in other emerging markets is high and …
The funds flow statement is a report on the movement of funds or working capital. It is a summary of a firm’s inflow and outflow of funds. It tells us from where funds have come and where funds have gone. Cash flow statement or statement of cash flows is a financial statement that shows how …
Funds flow statement, also referred to as the statement of changes in financial position or the statement of sources and uses of funds, gives a clear picture of the movement of funds in a certain period. A simple funds flow statement can be arrived at by comparing the balance sheets at the stating of the …
A fund flow statement is a summary of a firm’s inflow and outflow of funds. In other words, fund flow is a statement which analyzes the inflow and outflow of funds of an organization or firm in a particular period. Limitations Of Fund Flow Statement The fund flow statement suffers from the following limitations: 1. …
The fund flow statement reports the flow of funds through the firm during the year. In order to prepare fund flow statement proper understanding of working capital and sources and applications is necessary. The fund flow statement is a record, a post-mortem of where the funds came from and how these were utilized during the …
It refers to the process of the critical examination of the financial information contained in the financial statements in order to understand and make decisions regarding the operations of the firm. This statement is basically a study of relationship among various financial facts and figures as given in a set of financial statements. The complex …
Financial statements (or financial reports) are formal records of the financial activities of a business, person, or other entity. In other words, financial statements are records that provide an indication of an individual’s, organization’s, or business’ financial status. Purpose of Financial Statements The purpose of a financial statement is to enable a business to establish …
Financial statements are the financial information presented in concise form and the financial information is the information relating to the financial position of the firm. Financial statements are prepared by the firm because of two main reasons: 1. To communicate with different parties about the financial position of the firm. These other parties include shareholders, …
Financial manager is an important position within the structure of any firm. A financial manager is responsible for providing financial advice and support to clients and colleagues to enable them to make sound business decisions. Financial managers oversee the preparation of financial reports, execute cash management strategies, and direct a corporation’s investment activities. Financial Manager …