Value at risk

Understand how small and medium size enterprises can expand on foreign markets Understand how large trans-national enterprises deploy their strategies across the entire world 2 IDRAC - Globalization and Corporate Strategies Agenda A. B. The value chain and corporate strategies: a reminder The internationalization process: the steps to export I. The strategic steps 1) 2) 3) 4) Diagnostic Methodology for the study Marketing Plan Deployment Supporting organisms Specificities Prospection

------------------------------------------------- INVESTOPEDIA TERM OF THE DAY Symmetrical distribution A situation in which the values of variables occur at regular frequencies, and the mean, median and mode occur at the same point. Unlike asymmetrical distribution, symmetrical distribution does not skew. Also called a symmetric or normal distribution, it is commonly shaped like a bell curve when depicted on a graph. If you drew a line down the middle of the graph, the two sides would mirror

in the growth of other countries, hedge their consumption basket against ex-change rate risk, realize diversification effects and take advantage of market segmentation on a global scale. Even though these advantages might appear attractive, the risks for international portfolio investment must not be overlooked. In an international context, financial investments are not only subject to currency and political risk, but there are many institutional barriers. The most obvious way to invest internationally

grandes entreprises ont introduit la notion de la Fair Value. Ces règles comptables, dites normes IFRS, ont été prises en considération par la commission européenne lors de ses réflexions sur Solvency II. En effet, il est nécessaire, pour des raisons pratiques, que les exigences en terme de valorisation d’actifs des différentes réglementations auxquelles sont soumises les compagnies d’assurances imposent des techniques identiques. Solvency 2 et le risk management : Le SCR sous Solvency 2 définit la

facilitate relationships among enterprises, their customers, suppliers and employees and so provide the technological means to put relationship marketing philosophy into practice. Organisations that fail to keep up with competitors’ CRM capabilities risk being seriously disadvantaged. However, the use of technology on its own is not sufficient and firms must combine developments in IT with a philosophy that calls for the re-organisation of the entire firm around its customers. This shift will not be

The use of the motto fits into everyday life, whether current transactions or payments between companies. In times of economic crises, dollarization produce may occur. The periods of hyperinflation make the most profitable holding of foreign exchange at all levels. A recessionary economic climate and the anticipation of the depreciation of the currency, accelerates and amplifies the dollarization. Thus, monetary sovereignty is being eroded gradually. However, partial dollarization may be formal in

seeks to answer. Using an explicit disequilibrium framework common in the “credit crunch” literature, we first test the hypothesis that the presence of excess liquidity in the banking system at a time when there was anecdotal evidence of strong credit demand implies that some form of credit rationing was at play, with banks reticent to extend credit to firms in the presence of high information asymmetries. Second, we investigate whether the recent acceleration in the pace of credit growth is supply-

The impact of Intellectual capital on French technology firms survival Yosra BEJAR* ABSTARCT. This paper investigates the determinants of survival for French high technology firms that have gone public at the Euronext stock exchange from 1996 through 2004. Conducting survival analyses using logit regressions, Kaplan Meier and Cox methodologies, the current research proves that the intellectual capital quality improves the survival profiles of IPO firms. This quality capital seems more useful

Portugal. The 65-year concession to exploit this resource was awarded at the end of 2008. This project is the second largest of the Portuguese government’s Dam Plan, and ranks among the country’s ten most important projects. On completion, it will boast a capacity of close to 360 MW. Electricity generation and sales, FY10 Output Sales GWh % change 2009 GWh % change 2009 Spain, Portugal and Other 68069 -8,4 107942 1,6 At 2010 year end, 91% of Endesa Spain and Portugal’s installed thermal power

4% Privat Expenditure Source: Health at a Glance OECD 2009 7,3% 4,5 6,5 8,5 10,5 8,7% 12,5 14,5 16,5 OECD : 8,9%, Germany: 10,4%, Greece: 9,6 %, Austria: 10,1 % 2 Solutions: More private health market Employment in the Health- and Social Sector 20,0 15,9 15,0 12,5 11,6 10,0 9,8 8,9 9,9 1995 2008 5,3 11,6 5,0 0,0 Greece Austria France OECD Germany Switzerland United States (2003-08) Netherlands Quelle: OECD Health at a Glance 2009 Growth in Austria: +2.4% per