|
International
Finance
|
Hedging 
|
A cautious use
of derivatives reduces price risk
In theory, companies
should not suffer loss by hedging with derivatives
but in reality, this is not always true. One such
case
Mckinsey study
reveals that very few companies succeed in reducing
cash flows by using hedging programmes
|
|
Globalisation strategies
|
What strategies
differentiate a global player from a local one?
Is it its products, processes, functions, assets
or markets?
Planning to be
a part of the global village? Here are a few handy
tips
The pressure to
compete globally on all fronts will force companies
to build partnerships, even with competitors
|
|
Cash management
|
Centralised cash
management in the form of in-house bank can enhance
cash flows under more control and make for easier
account reconciliation
Achieve virtual
centralisation of payments flow when you lack the
budget, time, expertise or power to achieve true
centralisation
BBC Revamps
its cash forecasting process for better cash management
|
|
Derivatives
|
Hedging is not just
about putting forth a forward contract but about
making the best possible decision to reduce risk.
If changes in weather
affect your business, this may help you.
Weather Derivatives
ensure continuous cash flow in spite of adverse
weather conditions.
|
|
Risk
|
Factors to consider
in country risk refers to uncertainties related
to cross-border deals
Risk analysis is
not complete unless the risk associated with the
supply of capital is considered
Doing business in
difficult countries and winning
|
|
Foreign listing
|
|
|
| Exchange
Rate |
Immunise
your company from fluctuating exchange rates, and
stop behaving as a currency victim.
Companies
that are ill prepared to deal with foreign exchange
fluctuations may have to suffer substantial losses.
Strategies discussed in this article can safeguard
a company from these fluctuations.
Top
|
|
|
| |
|
Managing
Growth & Reorganisation
|
Takeovers
|
Poison
pills have become a commonly used tool for companies
to counter abusive takeover tactics and unsolicited
bids
Increased
takeover activity has forced companies to review
Golden Parachutes for their top management
When
Goodyear found itself as a takeover candidate, the
company adopted a portfolio structure-type strategy
that helped to effectively counter the attack
|
|
V
formula
|
This
formula helps corporate to make sound investment
decisions
Leverage
of investment and sensitivity of ROE -- measured
by the V formula
A
new approach called the Total value of Ownership
(TVO) may help to implement IT decisions in Existing
business
|
|
Restructuring
through M&A
|
Understanding
Stock deals in mergers and acquisitions
M&A
- Synergies - How synergies and risk feature in
valuation. Introduction to the concepts of SVAR
and PAR
"There
are a few ways to do it right and many ways to do
it wrong". Learn the tricks of the trade
|
|
Restructuring
|
Auto
giants join hands to reap rich dividends.
Companies
generally restructure with only one goal: increasing
shareholder value. There has been empirical evidence
that each form of restructuring creates value that
is reflected in increase in share prices.
Instead
of breaking-up conglomerates now, Governments should
initiate the long-term development of market institutions
|
|
Strategic
alliances
|
Being
a partner of choice gives a company the benefit
of getting the first hand of other prospective alliance
partners.
Emerging
market companies can ensure success in their alliances
with global companies by adopting suitable strategies.
Burgeoning
e-partnerships the order of the day.
Top
|
|
|
| |
|
Financial
Institutions and Financial Services
|
Pension
funds  |
A
cash-balance pension plan that tailors benefits
according to a predetermined benefit formula for
young and upwardly mobile employees and organisations
The
privatisation model followed by Chile had improved
growth rate
Suitable
regulatory framework would be essential for encouraging
healthy private pension funds operations
|
| IPO
|
Many
companies that approach a merchant bank are looking
to increase their financial stability or satisfy
a particular, immediate capital need
Successful
IPOs need the right mix of many things
The
Internet has changed the behaviour of investors
and investment bankers. Welcome to the new way of
share offers
|
| Cross
border leasing |
A
financing option that benefits all involved
Apart
from the need to raise finance in the international
financial markets, cross-border leasing transactions
mostly involve tax benefits, claimed in the country
of residence of the lessor, the lessee, or both
The
environment for cross-border leasing in India is
fairly good with Indian Courts and the Income-tax
Act shielding the lessors interests
|
| Recent
trends in insurance |
The
Creation of Alternative Risk Transfer (ART), which
is vital to all aspects of risk management spectrum.
Should
you consider an alternative to your present insurance
situation?
Residual
value insurance is an excellent tool to manage and
control the residual value risk of an asset
|
| NPA
management |
Ground
realities of non-performing assets (NPA) in the
light of prudential norms; solicit the immediate
attention and solution from management and government.
Rising
level of NPAs is becoming a concern for banks. Credit
Default Swaps can help in reducing NPAs and avoiding
credit risk.
|
| Securitisation |
Crossing
boundaries to reap benefits of different regulations,
laws and currencies.
Insurance
companies in India can now reduce their risk by
issuing Catastrophe bonds and options.
|
| Retail
banking |
Retail
banking via the net
not always results in benefits.
Certain hurdles also exist.
The
electronic channel is unearthing fresh opportunities
and exerting new pressures on retail banks.
Indian
retail banking market not lagging behind in adopting
net banking.
|
| Venture
Capital |
Companies
formed to lend finance for the start-up of other
organisations. This describes the primary function
of Venture Capital companies.
The
typical relationship between entrepreneurs and venture
capitalists lasts longer than an average marriage
does in California
Before
investing their money, venture capitalists need
to identify risks related to the management, the
product and the technology to deliver that product.
Top
|
|
|
| |
|
Financial
Markets
|
Demutualisation
 |
From
mute club structures to interactive and receptive
organisations, SEs have redefined their roles
Strategy
for success for four large mutual insurance companies
in Canada
Equitable
distribution of value and policyholders perceptions
are two important facets of demutualisation of mutual
insurance companies
|
| Investor
Relationship Management |
Investor
Relationship Management (IRM) though a traditional
tool to raise money is now emerging as an awareness
concept
Are
you communicating with your investors?
The
Internet is emerging as a critical tool for communicating
corporate information to the investors
|
| Market
trends |
The
stock market never reflects what its true value
is. It reflects what people think it is worth. read
on
An
indicator moving with changing prices, read on
Price
trends. The basis of market swings. read on
|
| Investing
in equity |
Shareholders
are always in a dilemma whenever a company announces
buyback of its shares. Here are a few tips that
can help the shareholder make a more informed decision.
Are
you confused with the number of Mutual Funds around
you? This might help you in selecting the best one.
Which
Mutual Fund is better? One with a lower NAV or a
higher NAV?
|
| Online
Trading |
Are
you ready to explore the fascinating world of online
trading? If yes, read on
Netting
in trade on the web, read on
Is
online trading a winning game? It can be, if some
simple tips are followed, read on
|
| Derivatives |
Though
derivatives offer several advantages to financial
market participants, derivatives traders should
be aware of the various risks involved.
COMMODITY
SWAPS
Derivative
instruments offer certain benefits that make financial
markets more efficient.
|
| Bond |
Junk
Bonds: Are they really worth the risk
Investment
in junk bonds could be safer than investment in
equity stocks.
Junk
bonds are beneficial for companies as well as investors
Tax-exempt
municipal bonds: The best bet for high-yield returns!!!
Does
investing in bonds bring the desired result for
individuals? It can, if done carefully
Find
out the benefits and drawbacks of convertible bonds
Top
|
|
|
| |
|
Corporate
Finance and Accounting
|
Budgeting
 |
Transforming
the budget from a meaningless fictional document
into a valuable exercise in continuous planning
Turn
budgeting into a management tool instead of an accounting
chore. Experience the revolution!!!
Add
spice to your otherwise dull and boring budgeting
game with new tools, strategies and alliances
|
| Activity-based
Costing |
In
Activity-based Costing model, the costs are assigned
only to those activities that go into creating that
product
ABC
helped US Airways manage business, drive improvement,
manage costs and support third party pricing
Decreasing
margins and increasing per unit costs pressured
the management of Sun Life to reduce costs to maintain
profitable operating results
|
| EVA
|
Does
profit of a company mean adding wealth to the shareholders?
EVA measures beyond profitability, it measures shareholders
wealth
NIIT
- A case in point
EVA
- Success and Calculations
|
| ESOP
|
ESOP-
the qualitative factors to be considered
ESOP
ACCOUNTING---as per US GAAP & SEBI
Try
to get away from troubled ESOP taxation.
|
| Business
reporting |
What
must the investor do before adopting a Dividend
Reinvestment Plan?
Dividend
Reinvestment Plans are a lucrative source of long-term
income for investors.
Dividend
stocks are beneficial for long-term investors and
represent a good financing tool for REITs.
Top
|
| |