Saturday, February 29, 2020

Assumptions And Forms Of Emh Finance Essay

Assumptions And Forms Of Emh Finance Essay The subject of efficient market hypothesis is more deliberated and discussed in available studies, but there is no special focus on the EMH form existing in Gulf area, by these means, this study analyses and evaluates the applicability of this model in some selected countries in Gulf area and how it would affect the decisions regarding the financial issues. This chapter proposes the outlines of how the subject is going to be investigated and (ii) gives an introductory overview about the topic that is being probed. At first, the motive of the study is declared and the framework is outlined, so as for the need and purpose of the study; then the research questions are proposed and stated. This section also contains a brief description about the participants which the study comprises. Secondly, the outcomes of the initial review of literature are appointed to form a base for the research questions. Thirdly, the rationalization for the used research approaches is stated, and then the met hodology is justified and supported by evidential test that provides validation for the chosen methods. This section also determines the suggested scheme for chapters 2, 3, 4, and 5. And in the final section, the outcomes of this study will be displayed, and the benefits will be discusses in details for each beneficiary. Subject And Objectives The EMH topic fascinates the researcher, and relating the EMH concept to corporate finance through examination of markets can help improve the efficiencies within corporate world as well as increase investors wealth and decision taking. The primary objective of this study is to examine the form of EMH is available in the selected markets which would contribute in guiding these firms in implementing good corporate practices and making these reforms feasible and appropriate, and to identify to what extent EMH constitutes a good approach for financial practices in KSA, UAE, and Kuwait. While this dissertation aims to study which form of EMH does the selected markets undertake, it doesn’t take the burden to prove the accuracy of EMH. After determining which forms of EMH, the benefits to both the investors and corporations interested in the selected markets are huge. It enables the investors to examine if possibility of abnormal earnings exists, while enabling the management to choose wisely its accounting choices, financial choices, and timing decision. The data for this dissertation is highly accessible. It can be easily retrieved from stock indexes of the selected countries. The dissertation aims to examine stock prices changes covering the last 5 years with data retrieved from Tadawul, ADX, Central Bank, and KSE. This data will then be compared with major economic and company specific events. These events can be retrieved from company’s announcement, country’s economic reports, newspapers, and specialized financial reports. Specific research questions include: What types of information are available i n the selected markets? Are they only historical, publicly available, or private/public information? To what extent the stock prices in the selected markets reflect the available information? Which forms of EMH do these markets exhibit?

Thursday, February 13, 2020

Are robots to blame for job polarization Research Paper

Are robots to blame for job polarization - Research Paper Example This fact has become a common concern. It was revealed that such a change is caused by a number of factors, among which there are: globalization, active and open trade, change in legislation and, the first and the outmost – the development of technology. â€Å"Such a decline had implications for the distribution of incomes. Labor income is more evenly distributed across U.S. households than capital income, while a disproportionately large share of capital income accrues to the top income households. As the share that is more evenly distributed declined and the share that is more concentrated at the top rose, total income became less evenly distributed and more concentrated at the top. As a result, total income inequality rose† (Jacobson and Occhino, 2012). That machines are able to replace living personnel, is a well-known fact. Many scientists state that rapid technological progress destroys workplaces much quicker, than creates new jobs. This causes the growth of ineq uality in the United States. Such situation occurs in other developed states as well. This is disturbing news as it undermines the belief in technological progress. Technologies are still considered to be a tool that increases the productivity and makes the society richer, but it has a dark side at the same time: technical progress destroys the need for many types of labor and put the average worker in the worst conditions than before. Innovations have never come so quickly, the median income is falling, and there are fewer workplaces. People cannot keep up with technologies, which are being improved so quickly that employees’ skills and organizational structures can’t keep up with the pace. The examples of how digital technologies threaten workplaces can be found everywhere. Automates have been applied in different production areas already for many years. Today in the United States and China fewer people than in 1997 are engaged in production due to automation. Automo bile plants

Saturday, February 1, 2020

The implications for the justice system of the English riots Essay

The implications for the justice system of the English riots - Essay Example This essay discusses that It was believed that children were given harsh punishments and strict sentences as they were either a ten year old or a teenager who was involved in the crisis. It was argued that children of this age are unaware of what is right or wrong. This argument can be considered as no longer applicable and cannot be accepted with logical sense under the criminal justice system. Common innocent people have also been harassed a great deal during the 2011 riots in England. This harassment is not tolerable at any cost and the courts and justice system should have taken some action against such injustice and unnecessary trouble to the English citizens. The England riot of 2011 was an event where ordinary people protested against the growing inequality that was making them poorer and poorer. Although political classes have blamed gangsters for initiating such riots, the participants were found to be mostly local male teenagers and children. The faulty public policies have the major causes for the growing economic frustration of the people that resulted in riots. The criminal justice system has also been criticized for showing discriminations and unequal justice. Riot sentencing also has much stricter for these same offenses than what is usually given. A large number of arrests was also rendered unnecessary and endangered safety of children. However, the evidence is also there that the court, although accused, has acted as per laws with respect to giving punishments and strict sentences.â€Æ'... The riot situation had brought under coverage other English cities like Liverpool, Manchester and Birmingham. Such a riot situation was solely a display of people’s anger against the police after the shooting incident (Slack, 2011). Review reports of riots it is said that police should have used plastic bullets and water canon to bring the situation under control. News reports published says that police should have used stuffs like water cannon and plastic bullets to bring the riot situation under control. Moreover the force deployed was insufficient to deal with the riot situation. The rioters were more in number than the force. Numbers of arrests under such circumstances were also considered not enough to control the situation. The riots caused a damage of ?300 million. More than 2500 business houses were hampered during the riots. The rioters also broke approximately 231 houses (Travis, 2011). The main reason of evoking the riot was that he police had shot down a man called Michael Duggan whom they claimed to be a gangster. The riot culminated more into an anti police movement. The lack of sympathy from the police that got revealed in the shootout acted as a driving factor for spreading of riots. Under such circumstances in the course of riots some rioters got opportunities for looting unaffordable luxury goods and they utilized it thoroughly. However racial discrimination was not noticed in the course of riots (Lewis, Newburn, Taylor and Ball, 2011). Role of gangs in England riots of 2011 Majority of the rioters were found to be males. But only a small percent of the arrested people belonged to gangs. Most of the arrested ones were not professional criminals (Smith, 2011). But those involved had not left