Measure For Measure

relatively common occurrence. Employees share reports, financial budgets, policies, etc. Tacit knowledge, however, needs to be converted into explicit knowledge in order for this sharing to take place. This needs to be done without losing critical parts of the tacit knowledge. Nonaka (1994) identifies four possible methods for tacit knowledge to become explicit knowledge: socialization, externalization, internalization, and combination. 1. Socialization is the sharing of tacit knowledge between

Riddiough and an anonymous referee, as well as seminar and conference participants at the University of Amsterdam, National University of Singapore, the INQUIRE Europe 2007 Autumn Seminar, and the 2007 International AREUEA Meeting. We thank RiskMetrics for providing the governance data. All remaining errors are ours. ‡Correspondence to: Piet Eichholtz, Maastricht University, Faculty of Economics and Business Administration, Department of Finance, PO Box 616 6200MD Maastricht, the Netherlands. Phone: +31(0)43

Financial Institutions Center Modeling Liquidity Risk, With Implications for Traditional Market Risk Measurement and Management by Anil Bangia Francis X. Diebold Til Schuermann John D. Stroughair 99-06 THE WHARTON FINANCIAL INSTITUTIONS CENTER The Wharton Financial Institutions Center provides a multi-disciplinary research approach to the problems and opportunities facing the financial services industry in its search for competitive excellence. The Center's research focuses on the issues related

proposal with references, and, if approved, develop papers that satisfied specific criteria. Each paper should contain an introduction, a summary, and a section addressing the significance of the topic. The Turnitin site was used to evaluate the paper for plagiarism and provide an originality report to the student. To receive credit, papers had to satisfy academic integrity issues, be grammatically correct, free of spelling errors, meaningfully organized, and contentrich.   Abstract:    Organizations

development. While the Bank for International Settlements (BIS) does not currently specify this work as "Basel III", the term appeared in the literature as early as 2005 [1] and is now in common usage[2][3] anticipating this next revision to the Basel Accords. * The draft Basel III regulations include: * "tighter definitions of Tier 1 capital, * the introduction of a leverage ratio, * a framework for counter-cyclical capital buffers, * measures to limit counterparty credit

as helping to combat exclusion and poverty. lndeed, several countries have shown they can raise employment by increasing the participation rate of these under-represented groups. For years, governments have been concemed with fighting unemployment, and though this battle must continue, it must be reinforced by measures to attract more non-employed people into the workforce. After aIl; higher labour market participation, and not lower unemployment, is the, main driver behind employment gains. This

and more, is compulsory for the administration to take measures so that the public servants could not discredit the process of taking the official and public administration decisions through the interests and their personal relations. In the conditions in which the society demands are higher and higher, the governmental measures concerning the decrease of the corruption are due to be more and more concise and efficient. The corruption represents a threat for democracy, for the supremacy of right

in your country (for example, psychological violence, physical violence, sexual violence, drug-related violence, armed violence, violence between students, violence between students and teachers, etc.)? Quelles formes de violence en milieu scolaire ont été repérées comme posant problème dans votre pays (par exemple, violences psychologique, physique, sexuelle, liée à la drogue, avec arme, entre élèves, entre élèves et enseignants etc .) ? 2. What policies have been developed for dealing with violence

17/12/2010 “In the light of the recent banking crisis, the new Solvency II regulatory measures should be re-appraised”. Critically consider this statement | | | INSURANCE | ------------------------------------------------- Summary INTRODUCTION I) The banking crisis II) The main principles of Solvency II 1) Three Pillars 2) Risk assessment : difference with Solvency I III) Solvency II : Advantages and disadvantages 1) Advantages 2) Criticisms

: we assess the problem of pricing European contingent claims when the nancial agent has the possibility to transform assets by means of production possibilities. We propose a specic concept of arbitrage for such portfolios and extend some results of Rásonyi [Rásonyi 10] in discrete time for markets with proportional transaction costs. This allows to show the closedness property and corollaries such as portfolio optimization problem or a super-hedging theorem. We then study such portfolios with