Financial Institutions and Markets -9/E.

With its proven conceptual framework and clear presentation, FINANCIAL MARKETS AND INSTITUTIONS, 9e, International Edition (with Stock-Trak coupon), can help you understand why financial markets exist, how financial institutions serve those markets, and the various services those institutions offer. In describing each type of market, the book emphasizes the securities traded in that market and how financial institutions participate in it, while descriptions of financial institutions focus on their management, performance, regulatory aspects, use of financial markets, and sources and uses of funds. Following the introduction of key financial markets and institutions, the book explores the functions of the Federal Reserve System, the major debt security markets, equity security markets, and the derivative security market. Continuing a strong tradition of timely examples and practical applications, the ninth edition includes extensive updates on the global financial and credit crisis, revised questions and exercises, and new WALL STREET JOURNAL features. In addition, integrated learning tools such as chapter summaries, learning objectives, Internet exercises, special coverage of global financial issues, point/counterpoint discussions of controversial topics, and features to help you interpret current financial news reinforce key concepts and make it easier for you to master the material

Commercial Bank Exposure and Sensitivity to the Real Estate Market

In this study, we assess the balance sheet exposure of commercial banks to the real estate market, and develop a hypothesis on the potential systematic effects of real estate conditions across banks. By applying a seemingly unrelated regression (SUR) model to bank portfolios, we test for the relation between bank values and a real estate market proxy after controlling for general market and interest-rate conditions. We find a positive relationship between monthly bank returns and the real estate index, even after accounting for general market and interest-rate movements. The sensitivity of bank values to the real estate market has increased over time, and the bank-specific sensitivity coefficient is positively related to the bank's balance sheet exposure to real estate.

Pengantar Bisnis, Edisi 4 : Buku 1

Jakartaxxxiii, 656hlm, 26x21 cm

Manajemen keuangan internasional. : V. 1.

JakartaV. 1., xviii, 410 p.; 25 cm

International corporate finance

Singapuraxxiii, 707 p.; fig., glos., ind.; 26 c

PENGANTAR BISNIS BUKU I : Intoduction to business

xix,; 656 hlm,; 26 c

PERENCANAAN BISNIS Pengantar Bisnis (Untuk Buku 1 Dan Buku 2)

vi,; 58 hlm,; 26 c

Pengantar Bisnis

xxv 454 hal, J.2, 26 c

PENGANTAR BISNIS BUKU 2/P-05

xxv+406hlm;21x26c