Description : Following the 2007–09 financial crisis, mainstream finance theory was criticized for failing to forecast the market crash, which resulted in large losses for investors. Has our finance theory, which many consider an idealization that does not take reality into account, failed investors? Do we need to reconsider the theory and how it is taught (and practiced)? This book explores current critiques of mainstream theory and discusses implications for the curricula of finance programs as well as for practitioners. In so doing, the authors integrate a review of the literature supported by conversations with finance professors, asset managers, and other market players.
Description : 2013 International Conference on Advanced Education Technology and Management Science(AETMS2013) aims to provide a forum for accessing to the most up-to-date and authoritative knowledge from both Education Technology and Management Science. AETMS2013 features unique mixed topics of Education technology, Teaching theory, psychology, Sport Pedagogy, Management science and engineering, Finance and economics and so on. The goal of this conference is to bring researchers, engineers, and students to the areas of Education Technology and Management Science to share experiences and original research contributions on those topics.
Description : Stay liquid, think global, and better manage resources withthis authoritative guide Working Capital Management is a comprehensive primer onkeeping your business financially competitive in the face oflimited access to short-term funds. With detailed insightapplicable to each phase in the business cycle, this authoritativeguide helps managers revamp current practices for more efficientuse of assets and liabilities, including more stringent monitoringand planning of collections, disbursements, and balances. Readerswill learn how to minimize investments in idle resources, and howto maximize the use of forecast data to better identify risk andthe optimal use of available funds. Case studies illustrate thepractical applications of the ideas presented, with particularattention given to cash budgeting, forecasting, bankingrelationships and other common scenarios with specificrequirements. Managing a company’s short-term resources is both an artand a science. Effectively maintaining funds for ongoing activities– and keeping those funds liquid, mobile, and available– is a masterful skillset lacking in business. WorkingCapital Management offers practical advice for managers in thischallenging position, providing guidance that helps them: Learn the specific metrics at work in capital management, andthe problems that they can cause Improve cash management with robust fraud protection and betteruse of short-term instruments Manage the issues that arise from accounts receivable,inventory, payables, information management, and internationalsources Develop an effective management system for key points in theworking capital cycle The recent liquidity crisis in the U.S. has thrown the spotlightonto those companies that have adjusted well to credit contractionand the weakened economy, and these success stories – some ofwhich are noted in the book – demonstrate that a positivebusiness outcome can be accomplished. Working CapitalManagement provides a clear look at a complex issue, withpractical, actionable, sustainable advice.
Description : 2014 International Conference on Education and Management Science (ICEMS2014) will be held in Beijing, China on August 19–20, 2014. The main purpose of this conference is to provide a common forum for researchers, scientists, and students from all over the world to present their recent findings, ideas, developments and application in the border areas of Education and Management Science. It will also report progress and development of methodologies, technologies, planning and implementation, tools and standards in information systems. Education is an internal topic. It is a process of delivering knowledge in a basic meaning. Humans are hard to define the actual definition of education. But it is the key point for our society to step forward. Management science is the discipline that adapts the scientific approach for problem solving to help managers making informed decisions. The goal of management science is to recommend the course of action that is expected to yield the best outcome with what is available.