Hi, need to submit a 2750 words essay on the topic The concept of the efficient market hypothesis.

Download file to see previous pages…

Furthermore, the change in the currently set prices are would only arise once the new information would land into the market (Ullrich &amp. Ullrich, 2009). The definition of Malkiel (1992. 2003) can be stated as the comprehensive version of the Jensen’s (1978. 1969) idea. Jensen (1978) clearly defined the market efficiency as the state of the market where incremental profits cannot be made by incorporating element of exclusive information in the trading strategies (Timmermann &amp. Granger, 2004).Clearly, the definition put forward by the Malkiel (1992) has three points of emphasis for determining the market as efficient. First, the importance attributed to the information in pricing the units in the financial market. Second factor of emphasis in the definition refers to the capability of the stock market trader or the participants to exploit the exclusive information for generating additional economic profits. Finally, the yardstick to measure the efficiency of market with respect to EMH in term of risk adjusted return net of additional transaction cost (Timmermann &amp. Granger, 2004).Unlike the definitions presented by Jensen (1978) and Malkiel (1992), the proposition concept put forwards by the Fama has many limitations. In fact, Fama was self well aware of the vague component as the fully reflect does not determine any standards for empirical tests (Guerrien &amp. Gun, 2011). LeRoy (1976: 1989) was first to claim the lacking in the definition of the Fama and claimed that definition of the market efficiency….

The definition of Malkiel (1992. 2003) can be stated as the comprehensive version of the Jensen’s (1978. 1969) idea. Jensen (1978) clearly defined the market efficiency as the state of the market where incremental profits cannot be made by incorporating element of exclusive information in the trading strategies (Timmermann &amp. Granger, 2004). Clearly, the definition put forward by the Malkiel (1992) has three points of emphasis for determining the market as efficient. First, the importance attributed to the information in pricing the units in the financial market. Second factor of emphasis in the definition refers to the capability of the stock market trader or the participants to exploit the exclusive information for generating additional economic profits. Finally, the yardstick to measure the efficiency of market with respect to EMH in term of risk adjusted return net of additional transaction cost (Timmermann &amp. Granger, 2004). Unlike the definitions presented by Jensen (1978) and Malkiel (1992), the proposition concept put forwards by the Fama has many limitations. In fact, Fama was self well aware of the vague component as the fully reflect does not determine any standards for empirical tests (Guerrien &amp. Gun, 2011). LeRoy (1976: 1989) was first to claim the lacking in the definition of the Fama and claimed that definition of the market efficiency as the repetition of same concept in different dimension. The criticism from LeRoy (1976) was also admitted by the Fama (1976). In addition to the criticism about the lacking in the presentation of idea, the first criticism about the idea itself appeared in the year 1973 by Shiller (Guerrien &amp. Gun, 2011).

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

Hi, need to submit a 2750 words essay on the topic The factors responsible for Mexican debt crisis in the 1980s.

This problem soon spread to other developing countries in the world hence becoming a global debt crisis. It led to long term accumulation of commercial bank debts in the public sector.

The factors responsible for the Mexico debt crisis of the 1980s can be broadly categorized into demand factors and supply factors. The demand factors are those that contributed to Mexico’s decision to seek for external financial aid hence contracting of many loans from commercial banks. The supply factors are those factors that enabled or encouraged commercial banks to lend money to Mexico and other developing countries. These factors contributed directly or indirectly to Mexico’s contracting loans or more loans and incapacity to repay these loans.

In the 1960s and 1970s, Mexico borrowed lots of money from international creditors. The money was to be used for purposes of industrialization especially development of infrastructure. At this time, Mexico’s economy was good. This motivated the creditors to continue providing loans. This increased Mexico’s rate of debt to commercial banks and consequently to increased debt service, that is, repayment of the principal and interests. Later on, most of these loans were given on short term basis. This imposed a pressure of meeting loan maturation dates. External debt grew till it was 50% of its gross domestic product (GDP) in 1983 (Sebastian, 1996).

According to (Rudiger, 1985), there was a general recession in the world economy in the 1970s and 1980s. This was caused by a sharp increase in the prices of oil which started in the year 1971. Oil prices increased because the fixed exchange rates system which the Bretton Woods innovated had failed. This innovation had helped governments to free themselves from limitations presented to them by a fixed parity. Its role was to ensure that domestic demand was managed well so as to safeguard against haphazard increase in imports. As a result of

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

Hi, need to submit a 2750 words paper on the topic Brand Awareness in Children. Creating brand awareness in children is a sensitive issue, as an advertiser influences the original thought process of the children, who can ethically react in either way. This puts enormous pressure and social responsibility on marketers.

Creating ‘Brand awareness in children’ is a business, a creative communication process, a social phenomenon, and a fundamental ingredient of the free- enterprise system. Certain members of the business community have the misconception that children are simply fickle consumers, lack brand loyalty, do not act rationally, and move from one trend to another very swiftly. The reality is otherwise. The current generation of children is passing through a time of pervasive commercialism. With cash/credit cards and social independence at their disposal, children frequent shopping venues with more regularity. Perhaps today’s generation of children is a well-informed consumer group. The reason for this is that children find brand names everywhere. If a child watches TV then he/ she is exposed to brand names advertised during the commercials in between the shows. In schools, kids hear from their schoolmates all about brand clothes, shoes, etc. Children start recognizing brands at such an early stage of life that brand awareness in them begins around the age of two to three. It is observed that around age 2, most toddlers start asking for products by their names. One or two years later, they start evaluating products. For example, the child may start liking one brand of peanut butter (that immersed in his mind earlier) as compared to other brands of peanut butter (about which he did not earlier familiarize).

These days marketing executives are insinuating brands into the fabric of children’s lives. They want ‘cradle to grave’ brand loyalty. By the times’&nbsp.children reach their teens, they have been taught that material possession matter the most.&nbsp.&nbsp.

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

Hi, need to submit a 2750 words paper on the topic Money Laundering. &nbsp.&nbsp.&nbsp.&nbsp.&nbsp. The problem has mushroomed into prominence due to the high-profile public disclosure of prominent international personalities embroiled in money laundering scams (like Ferdinand Marcos {late Philippines President} and Raul Salinas {brother of Mexican President}),3 increasing incidents of frauds involving credit cards, e-money, and other elements, and most vitally due to the life support provided to organised crime and terrorist organizations, allowing terrorists like the one-and-only Osama Bin Laden to plan and carry out attacks with chilling consequences. the events of 9/11 and the Bali bombings have thrust money laundering into global limelight as never before.

Money laundering is defined as the “conduct/acts designed in whole or in part to conceal or disguise the nature, location, source, ownership or control of money (can be currency or equivalents, e.g. cheques, electronic transfers, etc.) to avoid a transaction reporting requirement under state or federal law or to disguise the fact that the money

was acquired by illegal means”.4 Money laundering is a crime as the money involved is obtained by fraudulent means like narcotics trafficking, extortion, bribery, smuggling, trafficking in women and prostitution, white slavery, tax evasions, fraud etc. on national and international levels. The illegal money is then ‘laundered’ and converted into legitimate money.

Money laundering is a problem because it is a source of corruption for government officials, financial institutions and their employees. it undermines legal capital. it contributes to volatile exchange rates. it makes money supply uncertain and beyond control. and it makes legal sections of a country’s economy impure and unscrupulous.

Money laundering involves 3 steps: physically dispose of the money (placement). make the money ‘vanish’ by moving it around to various entities in different places, thus camouflaging an audit path (layering). and re-introduce it into the prevailing current lines of commerce and investment as legal money (integration).

The 3 steps involve banking, non-banking, and&nbsp.non-financial businesses. Banking institutions are used to direct transactions through false name accounts, ‘payable through accounts’, cash deposits and withdrawals, bank drafts, cashier’s cheques, travelers’ cheques, telegraphic transfers, internet banking, etc..

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

Hi, need to submit a 3000 words essay on the topic 5ELW Employment Law.

The company prefers to employ younger people because it finds that their lifestyles permit them to work more flexibly than older people with family commitments.

REFER: You have explained when contracts can be changed lawfully. You need to reword the highlighted text as I’m assuming you mean the employees could be dismissed and re-hired, this needs to be clearly stated. You have however discussed the dangers associated with this approach. You have recommended offering an incentive in the first instance.

REFER: You have explained the use of a selection matrix as a method of redundancy selection. You need to explain the consultation requirements for redundancy (i.e. the timescales involved). You should also explain the need for individual consultation as well. You need to explain that trade unions officials should be involved in the process (or elected representatives). You could also have discussed redundancy pay and the possibility of finding alternative employment for the employees concerned.

REFER: You have explained the information that must be provided to the new employer. You need to explain what information should be given to the trade union official. You also need to explain some of the questions the employees might ask in relation to this transfer.

REFER: You have made a start on this section Viktoria however more detail is needed to satisfy the assessment criteria. You need to review the Working time Regulations in more detail e.g. what are the rest breaks? How do the regulations apply to younger workers? You have established the possible problems associated with split shifts. You also need to explain the specific issues of on call and night working. You need to mention the requirement to offer a health assessment. You have discussed the National Minimum Wage and have identified the possibility of age discrimination. You also need to explain annual leave entitlement.

REFER: This section is very brief.

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"