2024
Digital Finance by
The internet is dramatically transforming the way business is done, particularly for financial services. Digital Finance takes a thoughtful look at how the industry is evolving, and it explains how to integrate concepts of digital finance into existing traditional finance platforms. This book explores what successful companies are doing to maximize their opportunities in this context and offers suggestions on how to introduce digital finance into a firm's structure. Specific strategies for a digital future are presented, alongside numerous case studies that explore key attributes of success. In recognition of the rapidly evolving nature of finance today, Digital Finance is accompanied by a website maintained by the author (PerryBeaumont.com), as well as links to other content with insightful articles, analyses, and opinions. For both practitioners and students of finance, Digital Finance provides a rich context for a better understanding of the landscape of finance today, and lays the foundation for us to process and create the financial innovations of tomorrow.
ISBN: 9780367146771Publication Date: 2019-09-24
The Fundamental Principles of Finance by
Finance is the study of value and how it is determined. Individuals, small businesses and corporations regularly make use of value determinations for making strategic decisions that affect the future outcomes of their endeavors. The importance of accurate valuations cannot be overestimated; valuing assets too highly will lead to investing in assets whose costs are greater than their returns, while undervaluing assets will lead to missed opportunities for growth. In some situations (such as a merger or an acquisition), the outcome of the decision can make or break the investor. The need for solid financial skills has never been more pressing than in today's global economy. The Fundamental Principles of Finance offers a new and innovative approach to financial theory. The book introduces three fundamental principles of finance that flow throughout the theoretical material covered in most corporate finance textbooks. These fundamental principles are developed in their own chapter of the book, then referred to in each chapter introducing financial theory. In this way, the theory is able to be mastered at a fundamental level. The interactions among the principles are introduced through the three precepts, which help show the impact of the three principles on financial decision-making. This fresh and original approach to finance will be key reading for undergraduate students of introduction to finance, corporate finance, capital markets, financial management and related courses, as well as managers undertaking MBAs.
ISBN: 9781138477513Publication Date: 2019-07-23
Sustainable Financial Innovation by
Innovations and consequently future-fitness must form new models and address existing hurdles and new forms of collaborations. They must enable faster innovation cycles and "intelligence mining" by combining open and closed source systems, organic communities, open space techniques and cross-fertilization. Innovations must apply to and integrate incubation and acceleration networks. This book explores new concepts for future-fitness with five capitals: financial, ecological, social/cultural, human/personal, and manufactured/technological. It offers a new integral framework bringing researchers and business leaders together in one volume.
ISBN: 9781498796736Publication Date: 2019-01-09
Essentials of corporate finance by
Ross, Essentials of Corporate Finance 10e focuses on what undergraduate students with widely varying backgrounds and interests need to take away from a core course in business or corporate finance. The goal is to convey the most important concepts and principles at a level that is approachable for the widest possible audience. To achieve this goal, subjects are distilled down to the bare essentials, while retaining a decidedly modern approach to finance. In addition, understanding the "why" is just as important, if not more so, than understanding the "how" - especially in an introductory course.
ISBN: 9781260565560Publication Date: 2020
Fund Managers by
The definitive guide on fund and asset managers worldwide Fund Managers: The Complete Guide is an all-encompassing overview of fund and asset managers around the globe. The only comprehensive guide on the subject, this book covers both the fund manager and the market as a whole while providing insights from current and future fund managers and leaders in the technology industry from the UK, EU and US. Focused examination of the fund managers and their investors - the categories of manager, the asset classes they participate in, how they are using technology and their views on the market - complements a wider survey of the market that includes upcoming changes to regulation, taxation and political shifts in the Western world. The asset management industry continues to undergo significant changes that rise from the Global Financial Crisis and its recovery, the recent technology boom and political fluctuations that have altered the way business is conducted in financial markets around the world. Questions concerning China and Asia's rise, Trumpian influence in America and post-Brexit UK-EU relations underscore the contemporary relevance of Fund Managers: The Complete Guide to current and future discourse within the industry. This important volume: Explains worldwide roles, purposes and operations of asset managers including how local culture influences their strategies Examines different types of assets and asset-management strategies Investigates the influence of macroeconomic and political factors such as governance and regulation, international taxation, anti-globalisation and populism Illustrates the impact of technology and its disruptive products and players Describes the different types of investor investing in the managers' funds and how they view the industry Future-gazes over the ten years and beyond for the industry Fund Managers: The Complete Guide is the authoritative resource for anyone who requires an overview of the asset management industry and up-to-date insights on current and future trends and practices. The book also complements the author's earlier work Funds: Private Equity, Hedge and All Core Structures.
ISBN: 9781119515586Publication Date: 2019-12-16
Mergers, Acquisitions, Divestitures, and Other Restructurings by
The authoritative resource for analyzing mergers and acquisitions (M&A) from every angle Paul Pignataro reveals the secrets behind growth through M&A in his new book, Mergers, Acquisitions, Divestitures, and Other Restructurings + Website. Through market shifts and regulatory changes, M&A has served as a solid approach to growth. Creating value through mergers and acquisitions is a highly coveted strategy, and Wall Street has long sought a clear technical understanding of the components of M&A as a key driver of growth. In this book, the author provides that understanding, covering all essential aspects of accounting and modeling for the M&A process. With over a decade of experience aiding billion-dollar restructuring deals, Paul Pignataro is in an excellent position to break down M&A from a finance standpoint. Mergers, Acquisitions, Divestitures, and Other Restructurings covers the financial accounting and modeling behind several M&A structures. Using the merger of Office Depot and Office Max, Mr. Pignataro fully addresses the entire integration, explains EBITDA, and other crucial performance measures. This text is for finance practitioners who want to explore every corner of the M&A process. Learn accounting for asset acquisitions, asset divestitures, and corporate mergers Explore modeling methods including mini-merger modeling and fully consolidated merger modeling Read case studies demonstrating the practical success of theoretical models Understand EBITDA, cash flow, capital structure, and their impact on M&A success and value creation This new text from the CEO and founder of the New York School of Finance is key for understanding how restructuring leads to growth and value creation. The importance of M&A shows no signs of slowing, meaning that finance professionals need to be able to accurately analyze the prospects and impacts of restructuring moves. Mergers, Acquisitions, Divestitures, and Other Restructurings + Website is the authoritative resource for doing just that.
ISBN: 9781118908679Publication Date: 2015-01-06
Personal Finance by
For courses in Personal Finance. A Hands-On Approach to Financial Planning The main feature of Personal Finance is its hands-on approach keyed to the concepts readers need to build their own financial plans. The text's seven parts are all pieces of a financial plan; Chapter 21 is the capstone. A running example throughout the book and a variety of end-of-chapter cases reinforce the practical aspects of planning. The Sixth Edition is fully updated with recent financial trends, such as lower interest rates, changing salaries, and rules for credit card use. With case studies and workable examples throughout, this book is an active tool readers can use to become comfortable managing their finances into the future. Also Available with MyFinanceLab(tm) MyFinanceLab is an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results. Within its structured environment, students practice what they learn, test their understanding, and pursue a personalized study plan that helps them better absorb course material and understand difficult concepts. NOTE: You are purchasing a standalone product; MyFinanceLab does not come packaged with this content. If you would like to purchase both the physical text and MyFinanceLab search for: 0134408373 / 9780134408378 Personal Finance Plus MyFinanceLab with Pearson eText -- Access Card Package Package consists of: 0134082567 / 9780134082561 Personal Finance 0134082990 / 9780134082998 MyFinanceLab with Pearson eText -- Access Card -- for Personal Finance
ISBN: 9780134082561Publication Date: 2016-01-10
Essential concepts of sustainable finance : an A-Z guide by
"This book compiles and explains technical terms in sustainable finance in an easy-to-navigate A-Z format. The interdisciplinary nature of sustainable finance means that those researching and working in the field often have to turn to a variety of different sources to look up various non-financial terms. Recognizing this issue, Ibrahim Sancak and Elisa Aracil have curated a comprehensive list of the key terms most commonly used in the field. Each entry maps out an important concept or idea and illustrates how it relates more broadly across this growing discipline, such as the changes and innovations required by the financial sector to meet the United Nation's Sustainable Development Goals. Overall, Essential Concepts of Sustainable Finance will enable readers to communicate more effectively about finance within the context of sustainability. With related terms and further reading included alongside the entries, this innovative and accessible volume will be of great interest to students, scholars and practitioners alike"
ISBN: 9781003310891Publication Date: 2023
Noise by
We often think of finance as a glamorous world, a place where investment bankers amass huge profits in gleaming downtown skyscrapers. There's another side to finance, though--the millions of amateurs who log on to their computers every day to make their own trades. The shocking truth, however, is that less than 2% of these amateur traders make a consistent profit. Why, then, do they do it? In Noise, Alex Preda explores the world of the people who trade even when by all measures they would be better off not trading. Based on firsthand observations, interviews with traders and brokers, and on international direct trading experience, Preda's fascinating ethnography investigates how ordinary people take up financial trading, how they form communities of their own behind their computer screens, and how electronic finance encourages them to trade more and more frequently. Along the way, Preda finds the answer to the paradox of amateur trading--the traders aren't so much seeking monetary rewards in the financial markets, rather the trading itself helps them to fulfill their own personal goals and aspirations.
ISBN: 9780226427348Publication Date: 2017-03-01
A Global History of Money by
Looking from the 11th century to the 20th century, Kuroda explores how money was used and how currencies evolved in transactions within local communities and in broader trade networks. The discussion covers Asia, Europe and Africa and highlights an impressive global interconnectedness in the pre-modern era as well as the modern age. Drawing on a remarkable range of primary and secondary sources, Kuroda reveals that cash transactions were not confined to dealings between people occupying different roles in the division of labour (for example shopkeepers and farmers), rather that peasants were in fact great users of cash, even in transactions between themselves. The book presents a new categorization framework for aligning exchange transactions with money usage choices. This fascinating monograph will be of great interest to advanced students and researchers of economic history, financial history, global history and monetary studies.
ISBN: 9781000054675Publication Date: 2020-03-23
Artificial intelligence for risk mitigation in the financial industry by
This book extensively explores the implementation of AI in the risk mitigation process and provides information for auditing, banking, and financial sectors on how to reduce risk and enhance effective reliability.
ISBN: 9781394175574Publication Date: 2024
Brain Rush: How to invest and compete in the real world of generative AI by
The book will explain how generative AI works and how much economic value it could create and will map out the industry value network. For each value network stage, the book will define the industry, estimate its size, growth rate, and profit potential, identify the most successful participants, and explain how they have achieved their success and where they will compete in the future. The book will conclude with a section on what investors and business leaders should do to make an informed decision on where to place their bets.
ISBN: 9798868803185Publication Date: 2024
Mathematical Finance by
An introduction to the mathematical skills needed to understand finance and make better financial decisions Mathematical Finance enables readers to develop the mathematical skills needed to better understand and solve financial problems that arise in business, from small entrepreneurial operations to large corporations, and to also make better personal financial decisions. Despite the availability of automated tools to perform financial calculations, the author demonstrates that a basic grasp of the underlying mathematical formulas and tables is essential to truly understand finance. The book begins with an introduction to the most fundamental mathematical concepts, including numbers, exponents, and logarithms; mathematical progressions; and statistical measures. Next, the author explores the mathematics of the time value of money through a discussion of simple interest, bank discount, compound interest, and annuities. Subsequent chapters explore the mathematical aspects of various financial scenarios, including: Mortgage debt, leasing, and credit and loans Capital budgeting, depreciation, and depletion Break-even analysis and leverage Investing, with coverage of stocks, bonds, mutual funds, options, cost of capital, and ratio analysis Return and risk, along with a discussion of the Capital Asset Pricing Model (CAPM) Life annuities as well as life, property, and casualty insurance Throughout the book, numerous examples and exercises present realistic financial scenarios that aid readers in applying their newfound mathematical skills to devise solutions. The author does not promote the use of financial calculators and computers, but rather guides readers through problem solving using formulas and tables with little emphasis on derivations and proofs. Extensively class-tested to ensure an easy-to-follow presentation, Mathematical Finance is an excellent book for courses in business, economics, and mathematics of finance at the upper-undergraduate and graduate levels. The book is also appropriate for consumers and entrepreneurs who need to build their mathematical skills in order to better understand financial problems and make better financial choices.
ISBN: 9781118106914Publication Date: 2012-08-02
Private Capital Investing by
A step-by-step, comprehensive approach to private equity and private debt Private Capital Investing: The Handbook of Private Debt and Private Equity is a practical manual on investing in the two of the most common alternative asset classes (private equity and private debt) and provides a unique insight on how principal investors analyze investment opportunities. Unlike other textbooks available in the market, Private Capital Investing covers the various phases that principal investors follow when analyzing a private investment opportunity. The book combines academic rigor with the practical approach used by leading institutional investors. Chapters are filled with practical examples, Excel workbooks (downloadable from the book website), examples of legal clauses and contracts, and Q&A. Cases are referred at the end of every chapter to test the learning of the reader. Instructors will find referrals to both third-party cases or cases written by the author. * Covers analytical tools * Includes the most common methods used to structure a debt facility and a private equity transaction * Looks at the main legal aspects of a transaction * Walks readers through the different phases of a transaction from origination to closing Bridging the gap between academic study and practical application, Private Capital Investing enables the reader to be able to start working in private equity or private debt without the need for any further training. It is intended for undergraduates and MBA students, practitioners in the investment banking, consulting and private equity business with prior academic background in corporate finance and accounting.
ISBN: 9781119526148Publication Date: 2019-12-13
2023
Financial modeling An introductory guide to Excel and VBA applications in finance by
Written in a highly practical, market focused manner, this book gives step-by-step guidance on modeling practical problems in a structured manner. Quick and interactive learning is assured due to the structure as a training course which includes applied examples that are easy to follow.
ISBN: 9781137426581Publication Date: 2017
The Validation of Risk Models by
This book is a one-stop-shop reference for risk management practitioners involved in the validation of risk models. It is a comprehensive manual about the tools, techniques and processes to be followed, focused on all the models that are relevant in the capital requirements and supervisory review of large international banks.
ISBN: 9781137436955Publication Date: 2016-04-27
Using Economic Indicators in Analysing Financial Markets by
Economic indicators provide invaluable insights into how different economies and financial markets are performing, enabling practitioners to adjust their investment strategies in order to gain knowledge about markets and to achieve higher returns. However, in order to make the right decisions, you must know how to interpret the relevant indicators. Using Economic Indicators in Analysing Financial Marketsprovides this important guidance. The first and second part of Using Economic Indicators in Analysing Financial Marketsfocuses on the short-term analysis, explaining exactly what the indicators are, why they are significant, where and when they are published, and how reliable they are. In the third part, author Bernd Krampen highlights medium and long-term economic trends: It is shown how some previously discussed and additional market indicators like stocks, bond yields, commodities can be employed as basis for forecasting both GDP growth and inflation. This includes the estimation of possible future recessions. In the fourth part the predominantly good forecast properties of sentiment indicators are illustrated examining the real estate market, which is rounded up by an introduction into psychology and Behavioural Finance providing further tips and tricks in analysing financial markets. Using Economic Indicators in Analysing Financial Marketsis an invaluable resource for investors, strategists, policymakers, students, and private investors worldwide who want to understand the true meaning of the latest economic trends to make the best decisions for future profits on financial markets.
ISBN: 9781804553268Publication Date: 2023-01-27
Mergers and Acquisitions for Dummies by
Explore M&A, in simple terms Mergers & Acquisitions For Dummies provides useful techniques and real-world advice for anyone involved with - or thinking of becoming involved with - transactional work. Whether you are a transactions pro, a service provider tangentially involved in transactions, or a student thinking of becoming an investment banker, this book will provide the insights and knowledge that will help you become successful. Business owners and executives will also find this book helpful, not only when they want to buy or sell a company, but if they want to learn more about what improves a company's value. The evaluation process used by M&A professionals to transact a business sale is often quite different from the processes used by owners and executives to manage those businesses. In plain English terms that anyone can understand, this book details the step-by-step M&A process, describes different types of transactions, demonstrates various ways to structure a deal, defines methods to identify and contact targets, provides insights on how to finance transactions, reveals what helps and hurts a company's valuation, offers negotiating tips, explains how to perform due diligence, analyzes the purchase agreement, and discloses methods to help ensure the combined companies are successfully integrated. If you're getting involved with a merger or an acquisition, this book will help you gain a thorough understanding of what the heck is going on. Updates to this second edition include quality of earnings reports, representation and warranty insurance, how to hire investment bankers, changes to the offering documents, the rise of family offices, and the ubiquity of adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) as a basis for valuation. Understand the merger and acquisition process in a simple, easy-to-understand manner Learn the nomenclature and terminology needed to talk and act like a player Determine how to hire the people who will help you conduct M&A deals Discover tips on how to successfully negotiate transactions Mergers & Acquisitions For Dummies is a great choice for business owners and executives, students, service providers, and anyone interested in M&A transactions.
ISBN: 9781394169504Publication Date: 2023-05-31
Numerical Methods and Optimization in Finance by
Computationally-intensive tools play an increasingly important role in financial decisions. Many financial problems--ranging from asset allocation to risk management and from option pricing to model calibration--can be efficiently handled using modern computational techniques. Numerical Methods and Optimization in Finance presents such computational techniques, with an emphasis on simulation and optimization, particularly so-called heuristics. This book treats quantitative analysis as an essentially computational discipline in which applications are put into software form and tested empirically. This revised edition includes two new chapters, a self-contained tutorial on implementing and using heuristics, and an explanation of software used for testing portfolio-selection models. Postgraduate students, researchers in programs on quantitative and computational finance, and practitioners in banks and other financial companies can benefit from this second edition of Numerical Methods and Optimization in Finance.
ISBN: 9780128150658Publication Date: 2019-08-16
The VC Field Guide by
The Venture Capital Investment Framework Venture capital is the economic engine that drives entrepreneurship and innovation through capital investments, board membership, advice, introductions to relevant employees, and customers. Despite the outsized importance of venture capital, the inner workings remain hidden. Venture is still a mentor-led industry and it is an industry where you have to do a lot of self-education--you have to learn by doing, and you have to get up to speed quickly. Until now. Author William Lin spent over a decade in venture capital, starting in an entry-level position, helping to start a leading VC firm from scratch, and eventually becoming Managing Partner. In The VC Field Guide: Fundamentals of Venture Capital, Lin shares his unique framework, the Venture Capital Investment Framework, to help any venture capitalist, entrepreneur, or investor make better investment decisions, quicker. He delivers an incisive and practical handbook for the world of venture capital. You'll learn about the industry, how to break into it, and discover the art of investing in startups, and more, including: How VC deals are analyzed, vetted, and made Which questions experienced and successful venture capital investors ask startup founders when making investment decisions, and why those questions matter The venture capital mindset that dominates the thinking of the most prominent venture capital investors The best ways to begin a career in venture capital and tips on advancing your career Key differences between multi-stage and boutique firms and what it means for entrepreneurs The different factors VCs use to evaluate early-stage versus late-stage companies If you want to be close to company creation and innovation as a venture capitalist, investor, or entrepreneur, this book is for you. If you want to be involved in situations that impact economic growth, innovation, and the founders, employees, vendors, and communities that support the broader entrepreneurial ecosystem, this book is for you. The VC Field Guide is not only a primer on the inner workings of the venture capital industry, but a timely framework for how investment decisions are made. Anyone who wants to better understand how venture capital investments are made, and why will find this book helpful.
ISBN: 9781394180660Publication Date: 2023-04-25
Data Analytics for Internal Auditors by
There are many webinars and training courses on Data Analytics for Internal Auditors, but no handbook written from the practitioner's viewpoint covering not only the need and the theory, but a practical hands-on approach to conducting Data Analytics. The spread of IT systems makes it necessary that auditors as well as management have the ability to examine high volumes of data and transactions to determine patterns and trends. The increasing need to continuously monitor and audit IT systems has created an imperative for the effective use of appropriate data mining tools. This book takes an auditor from a zero base to an ability to professionally analyze corporate data seeking anomalies.
ISBN: 9781315369532Publication Date: 2017-03-16
Mergers, Acquisitions and International Financial Regulation by
"The book Mergers, Acquisitions and International Financial Regulation: Analyzing Special Purpose Acquisition Companies, by Daniele D''Alvia, with a foreword written by my student Yochanan Shachmurove, is the first book on Special Purpose Acquisition Companies (SPACs) that uses a comparative perspective. The book provides insights to one of the re-emerging financial instruments that is currently attracting attention by financial- market practitioners and researchers. A worth-reading book."--Professor Finn Kydland (Nobel Laureate), University of California, Santa Barbara, California. "Written with unusual clarity and insight, this is a major contribution on an important, emerging topic. Daniele D''Alvia is to be congratulated on the dual achievements of pioneering the analysis of a largely neglected topic and telling the story with a novelist''s flair." -- Ross P Buckley, KPMG-KWM Professor of Disruptive Innovation, UNSW Sydney. "Daniele D''Alvia is an academic and corporate finance　lawyer, and one of not many academic experts with SPAC advisory experience. The well-researched book tells the unique story of SPACs. Indeed, SPACs are financial innovations and are the disruptors of traditional M&A and IPO process. The book has Chapters on SPACs'' financial regulation, its evolution and a difficult to challenge view on self-correcting market practices. Chapter 5　includes interesting thoughts on the evolving De-SPAC transactions. The book serves as a guide to sponsors, investors, listing venues, lawyers, including in-house lawyers of SPAC target companies." -- Ferdinand Mason, Partner at White & Case LLP, London. "The book argues that SPACs are a fund-raising innovation that will stand the test of time. A richly argued resource for theoretical and up-to-date legal discussions on SPACs, a must-have for researchers and practitioners in this area."--Iris H-Y Chiu, Professor of Corporate Law and Financial Regulation, University College London. "An insightful read from one of the few expert in SPACs at international level. The book contains some great tips to ensure your SPAC is a success. Highly practical and commercially focused, the book provides a good and provocative contribution to alternative acquisition models. Scholars, corporate finance lawyers, sponsors and investors in the field should save a place for it on their shelves."--Luca Fabio Giacometti, Chairman and CEO of Galileo Acq. Corp., USA. "SPACs are the financial asset class poorly understood by most stakeholders and carrying undeserved label of opaqueness. This pioneer book by Daniele D''Alvia educates and explains why SPACs are viable and sustainable financing mechanism."--Milos Vulanovic, Associate Professor of Finance at EDHEC Business School. "With torrents of money jostling for return in a zero-interest-rate-world, listed shell companies created specially to acquire growing firms (SPACs) became a popular alternative to IPOs in 2020. Daniele D''Alvia''s book provides an excellent introduction to the history, operation, and rationale behind SPACs."--Prof. David Donald, Attorney at Law (New York) and Professor at the Faculty of Law, The Chinese University of Hong Kong, Hong Kong SAR, China. "The book provides a useful and innovative contribution to the burgeoning debate on Special Purpose Acquisition Companies. It is highly informative as it discusses the origins of SPACs, and their future perspectives, across different legal systems and markets."--Filippo Annunziata, Associate Professor of Financial Markets Law, Bocconi University, Milan, Italy. "Daniele DAlvia has written a must-read history of SPACs...Read this book if you want to better understand the SPAC market."-- Kristi Marvin, Founder of SPACInsider.com. "The recent global rise of SPACs as an innovative way to raise finance dramatically underscore the need for academic analysis of this new phenomenon. This book provides an up-to-date analysis of the legal and economic parameters underpinning Special Purpose Acquisition Companies, how they work (or not), and what they mean for firms and investors. Presenting material in a very lucid manner, drawing on many case studies, and taking a truly global perspective, the book provides an invaluable guide for all who want to master the complex subject."--Wolf-Georg Ringe, Professor of Law & Finance, University of Hamburg, Germany "The sovereign debt crisis has curably changed the meaning of financial risks and systemic failures in the European Union and globally. Dr. Daniele D''Alvia''s book is an indispensable companion in the post-financial crisis world of international financial transactions and laws."--Prof. Stéphanie Laulhé Shaelou, Professor of European Law and Reform and Head, School of Law, University of Central Lancashire, Cyprus campus and EUI Fellow, Law Department, Villa Salviati, European University Institute, Florence, Italy. "Markets are full of risks. This should never worry us though, as risks can and should also be understood as profitable opportunities, especially where we can mitigate against them. But markets are also just as full of uncertainties; unknowns which cannot be quantified as risks, cannot be mitigated against, and which may offer heightened profit opportunities, but which also can spell disaster. Recalling Frank Knight''s core 1921 message, but this time around with application to financial (investment) instruments, Daniele D''Alvia offers us a fascinating contemporary overview of risks, uncertainty and profit, as well as the difficult role the law plays, or sometimes doesn''t play, in regulating them. This is an important book which also asks whether we can identify alternative investment risk management vehicles in our search for constant profit (Special Purpose Acquisition Companies), thus minimizing the dangers of renewed market collapse in heightened uncertainty. It is an important book also in reminding us that law too has its regulatory limits, and that we must never be complacent in our assumptions that we can simply regulate all market dangers away."--Professor Michelle Everson, School of Law, Birkbeck College, University of London, United Kingdom. "This is a deeply researched yet very accessible book on one of the more creative and increasingly common capital markets financing techniques. For anyone thinking of issuing or investing in a SPAC, or being acquired by one, this book will help to demystify a very complex subject."--Professor Scott Moeller, Founder and Director, M&A Research Centre, Bayes Business School (City, University of London). "Daniele D''Alvia succeeds in providing an accessible and engaging text mapping the development of SPACs and their developing financial regulation. The book is impressively researched providing significant economic and legal insight as to the use, regulation and impact of SPACs."--Professor John K Ashton, Professor in Banking, Bangor University. "SPACs are now a mainstream way of raising capital. But there remains much confusion in practice as to the good and bad features of SPACs. This book sorts out the mechanics of SPACs and provides useful insights for academics and practitioners alike."--Prof. Douglas Cumming, Distinguished Professor of Finance and Entrepreneurship, College of Business, Florida Atlantic University, Boca Raton, Florida. "The book provides an extensive analysis of the drivers behind the spectacular rise of SPACs and their regulation. It is an invaluable addition to the discussion regarding the benefits and perils of these transactions. A must-read for academics, students, and finance professionals."--Alexandros Seretakis, Assistant Professor of Law and Director MSc in Law and Finance, Trinity College Dublin. "As a researcher in both corporate and financial law, I find Dr D''Alvia''s book very useful, especially the chapter on international financial regulation of Special Purpose Acquisition Companies (SPACs). The book provides a unique insight into SPACs from a comparative legal perspective. Dr D''Alvia''s book is a comprehensive and timely contribution to the increasingly growing literature on SPACs. I believe that this book is of interest to anyone working or researching in capital markets and financial corporations."--Dr Alison Lui, Reader in Corporate and Financial Law, Associate Dean Global Engagement at Liverpool John Moores University. "SPACs are an alternative way to access stock markets and increasingly important. However, research on SPACs has been limited in corporate finance and related disciplines. This book offers a very detailed analysis of SPACS and regulatory frameworks. In particular, the examples discussed in Chapter 4 could be used to test the impact of regulatory changes on the use of SPACs."--Professor Gerhard Kling, Chair in Finance, University of Aberdeen. "SPACs are gaining global popularity as an alternative to traditional IPOs. However, this area of knowledge has been largely underexplored by legal scholars. The latest book of Daniele D''Alvia is a pioneering work examining the operating mechanism of SPACs and its regulation from an international and comparative perspective. It is a must-read for researchers, practitioners, and policy-makers across the world. " -- Dr Lerong Lu, Senior Lecturer in Law and Director of LLM Law & Technology, King''s College London, UK "Daniele D''Alvia''s book has established himself as the expert in this niche and innovative fund raising mechanism for the acquisition of growing firms. The book offers an insightful discussion on the history, economic rationale and systems theory on the SPACs. This is a must-read book for those practitioners, academic researchers and policy makers who have interest in the operati
ISBN: 9781003102779Publication Date: 2021-11-29
AI for finance by
To finance students and practitioners, this book will explain the promise of AI and its limitations. It will cover knowledge representation, modelling, simulation and machine learning. It will explain the principle of how they work. To computing students and practitioners, this book will introduce the financial applications in which AI has made an impact. This includes algorithmic trading, forecasting, risk analysis portfolio optimization and other less well-known areas in finance.
ISBN: 9781003348474Publication Date: 2023
Mastering Blockchain by
Demystify one of the most disruptive modern technologies and gain a deeper understanding of distributed ledgers, consensus protocols, smart contracts, DApps, cryptocurrencies, and more.Purchase of the print or Kindle book includes a free eBook in PDF format. Key Features Study new blockchains, including Polkadot, Solana, and Avalanche blockchain, along with recent developments in security, scalability, and privacy Explore key cryptocurrencies and distributed ledgers such as Ethereum, Bitcoin, Hyperledger Fabric, Corda, and Quorum Get to grips with Solidity, Web3, NFTs, DeFi, and smart contract development Book Description Blockchain is the backbone of cryptocurrencies, it has had a massive impact in many sectors, including finance, supply chains, healthcare, government, and media. It's also being used for cutting edge technologies such as AI and IoT. This new edition is thoroughly revised to offer a practical approach to using Ethereum, Hyperledger, Fabric, and Corda with step-by-step tutorials and real-world use-cases to help you understand everything you need to know about blockchain development and implementation. With new chapters on Decentralized Finance and solving privacy, identity, and security issues, as well as bonus online content exploring alternative blockchains, this is an unmissable read for everyone who wants to gain a deep understanding of blockchain.The book doesn't shy away from advanced topics and practical expertise, such as decentralized application (DApp) development using smart contracts and oracles, and emerging trends in the blockchain space. Throughout the book, you'll explore blockchain solutions beyond cryptocurrencies, such as the IoT with blockchain, enterprise blockchains, and tokenization, and gain insight into the future scope of this fascinating and disruptive technology.By the end of this blockchain book, you will have gained a thorough comprehension of the various facets of blockchain and understand the potential of this technology in diverse real-world scenarios. What you will learn Grasp the mechanisms behind Bitcoin, Ethereum, and other cryptocurrencies Understand cryptography and its usage in blockchain Become familiar with the theoretical foundations of smart contracts and blockchain consensus Develop DApps using Solidity, Remix, Truffle, and Ganache Solve issues relating to privacy, identity, scalability, and security in enterprise blockchains Dive into the architecture of Ethereum 2.0 Delve into emerging trends like DeFi, NFTs, and Metaverse Explore various applications, research topics, and future directions of blockchain Who this book is for This book is for blockchain enthusiasts from all backgrounds, including software developers and programmers who want to learn how to build DApps, business executives and managers who want to explore the benefits and challenges of leveraging blockchain in different industries, and system architects and solution designers who want insight into blockchain architecture, consensus mechanisms, and security considerations. It is also a useful reference guide for blockchain development professionals who want to build fast and highly secure transactional applications. Basic knowledge in any programming language will come in handy. ]]>
ISBN: 9781803241067Publication Date: 2023-03-31
The Impact of AI Innovation on Financial Sectors in the Era of Industry 5. 0 by
In the rapidly evolving financial landscape, the integration of artificial intelligence (AI) and machine learning (ML) has brought about unprecedented challenges for the banking and finance industry. As the era of Industry 5.0 unfolds, financial institutions face intricate decisions regarding investments, macroeconomic analysis, and credit evaluation, demanding advanced technologies to navigate this complexity. Moreover, the ever-growing volume of financial transactions requires efficient data processing and analysis. Amidst these pressing issues, scholars, academicians, and industry practitioners seek comprehensive insights into the role of AI and ML in bolstering resilience, ensuring sustainable development, and adopting human-centric approaches within the financial sector. The Impact of AI Innovation on Financial Sectors in the Era of Industry 5.0 , edited by esteemed researchers Mohammad Irfan, Mohammed Elmogy, M. Shabri Abd. Majid, and Shaker El-Sappagh, serves as a compelling solution to the challenges presented by the integration of AI and ML into the banking and finance industry. This book offers an in-depth exploration of the functions and applications of AI and ML algorithms in the financial domain, with a focus on the principles of Industry 5.0: resilience, human centricity, and sustainable development. Through a collection of innovative research papers, this book unveils the remarkable potential of AI/ML technologies in revolutionizing the financial services industry. Addressing a diverse audience, including researchers, academicians, industrialists, investors, and regulatory bodies, this book invites contributions from practitioners and scholars. By delving into essential topics such as financial monitoring, algorithmic trading, secure transactions, customer data management, and sustainable development, it fosters ongoing discussions on ML algorithms' efficacy in processing vast amounts of data within the intricate banking and financial environment. As the financial landscape charts a course into Industry 5.0, The Impact of AI Innovation on Financial Sectors in the Era of Industry 5.0 emerges as an indispensable resource, propelling advancements that will shape the future of finance.
ISBN: 9798369300831Publication Date: 2023-09-05
Theory and Practice of Illegitimate Finance by
An interconnected world facilitates the proliferation of fraud and corruption, which poses a significant threat to the integrity of global financial systems. Illicit and illegitimate finance has become a pressing concern to governing agencies and regulators around the world, with financial crimes, money laundering, tax dodging, and fraudulent practices plaguing multiple industries and sectors. As these nefarious activities continue to evolve, there is an urgent need for effective strategies and best practices to combat and prevent illicit finance from infiltrating our financial institutions and businesses. Addressing the crucial issue of illicit finance, editor Abdul Rafay, a distinguished academic scholar specializing in financial crimes, corporate finance, and financial technology, presents the definitive solution in the book, Theory and Practice of Illegitimate Finance . This premier reference work offers a comprehensive exploration of all aspects related to illicit finance, providing valuable insights and lessons learned from real-world cases. Through meticulous research and analysis, the book delves into crucial topics such as financial intelligence, hacking fraud, and financial data leaks, empowering business owners, policymakers, researchers, and industry professionals to implement effective measures against fraud and corruption. By equipping readers with the knowledge and tools to tackle the complexities of illicit finance, Theory and Practice of Illegitimate Finance becomes an indispensable resource for academicians and students. Abdul Rafay's unparalleled expertise, as demonstrated in his successful editing of previous books and numerous research papers, further solidifies the book's credibility. Embracing this transformative journey through the book's insights, readers from all walks of life can contribute to a more transparent and accountable financial world, safeguarding the integrity of global finance systems and ensuring a brighter and more secure future.
ISBN: 9798369311912Publication Date: 2023-09-14
Markets in Chaos by
This book is useful for those seeking to learn about the history of market crises and individuals that want to learn about protection against downside risks for an investment portfolio. The purpose of this book is not to convince the reader to attempt to anticipate the timing of the next market crash, but rather for the reader to be able to draw parallels (and some contrasts) between the different crises in history. The book reviews case studies related to specific macroeconomic event triggers ranging from COVID-19 to hyperinflation. Readers will come away with extensive knowledge of different market crisis events spread across countries and timelines. The reader will be well versed on important macroeconomic topics such as the history of currencies. Perhaps most importantly, readers will feel better prepared to handle the next market catastrophe. Audiences such as business school students and those that are a part of organizations such as the Chartered Financial Analyst Institute will find this book of interest.
ISBN: 9781637425152Publication Date: 2023-11-10
