Economic paradigm is required for facilitating development of the global economy. This need is realised by every country around the world, but the government and higher authorities are reluctant to fulfil the…
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Thus, there is a need for a new economic paradigm that can enhance the economic condition of all countries. The literature lays stress upon different views of the scholars and researchers related to the current topic. It is observed that few of these scholars are in favour of the idea, whereas others have directly opposed the same.
Presently, there is a great need for change as individuals perceive that economic, social and environmental shifts are necessary. The global population is increasing at an alarming rate accompanied by an extraordinary improvement in life expectancy worldwide. Innovations made in the technological industry have enabled the people to learn and communicate essential information on a global level. The inequality between poor and rich countries has continued to grow with the passage of time. The demand for natural resources has increased and climate changes are more frequent than ever. The main issue related to the world economy is the most severe one. Apart from the abovementioned difficulties, the economic paradigm is also questioned as the world economy is heading towards a decline (Reza, 1999).
The economic condition worsened as the blame game persisted so as to identify the one responsible for the economic downturn and recession. Primarily, the blame was put on the financial managers who had failed to identify and manage risk appropriately and even the regulators did not stop them from undertaking any fraudulent activity. The economic strategy devised for promoting growth was inadequate. Businesses and governments had stated the need for a new economic paradigm, which can facilitate sustenance of the environment. New Economics Movement had rapidly grown over the past few years. New Economics Foundation and The Other Economic Summit formed a part of the movement. It had clearly identified that the present economic model is
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Efficient Market Hypothesis: Is the Stock Market Efficient?
Efficient Market Hypothesis (EMH), introduced four decades ago, was the dominating theory in the academic community that explained how the financial market works. Nowadays, although it is challenged by both the theoretical and practical studies (e.g.
This is the fact which traders often give importance to, as they think that event studies have partial role in bringing abnormal returns on regular or periodic investments (Getz, 2012). There is a time when events are fabricated to flourish, which is to secure firm value expected on a certain point of time.
Young people who may be experiencing SOCIAL EMOTIONAL BEHAVIOURAL DIFFICULTIES: where should schools focus? LITERATURE REVIEW Table of Contents 1.1. Introduction 1.2. Students with Social, Emotional and Behavioral Disorders: Hallmark Features 1.3. Types of Social, Emotional and Behavioral Disorders 1.4.
The basis of cognitive behavior therapy is to make people think of what can affect how they think and how they behave. When an individual is undergoing mental stress he or she undergoes very many difficulties and behaves indifferently. The CBT practitioners work together to assist these people change how they think and how they behave (Beck, 2009).
Many companies have become victims of these accusations with many more suffering price losses and even closures as a result of having their executives drawing more from the bank than the company would handle. Others have been accused of being involved in scandalous activities that have led to the collapse of company shares.
In this study, we examine the effect of the financial crisis on the investors at a large. The discussion involved how the investors take decisions before investing in the stock market. Their behaviours are studied in order to get a real picture of the stock market investment during and after the period of financial crisis.
The assertion is that a market risk premium has adjusting asset prices to account for risk differences. The consumer desires to obtain maximum utility and satisfaction while getting maximum profits for the entrepreneur.
At equilibrium, capital asset prices
This depends on the nature of the firms operations and may therefore be annually, semiannually, or even quarterly. Dividend policy therefore is concerned with the payment of the dividends to the shareholders. It is common knowledge that the longer a firms retains its profit
for auditors in this paradigm, maintaining transparency has emerged to be quite crucial to avoid possible discrepancies in the reporting standards and the gap persistent therewith. Similarly, regulations associated with accounting and auditing emerged as much rigid in the
In such a fund, every investor has a certain amount of shares that s/he owns; representing a fraction of the fund holding. The collective holdings of a given mutual fund are referred to as its portfolio. This implies that an investor usually purchases
11 Pages(2750 words)Literature review
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