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Over the last few years, Financial Management has published a significant number of articles that analyze patterns in returns. Practice of public financial management and transparency/accountability: The findings revealed that the practice of public management in local government administration enhances transparency and accountability in the use of public financial resources of Bayelsa state.

In this framework, the tools that management can employ range from ex ante expenditure controls to compliancy checks, inventory controls, record keeping, reporting, and monitoring (see figure 6.1).However, a contemporary internal control framework is more than a set of traditional financial and compliance controls.

Fundamentally, this chapter …

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The scientific study of complex systems has transformed a wide range of disciplines in recent years, enabling researchers in both the natural and social sciences to model and predict phenomena as diverse as earthquakes, global warming, demographic patterns, financial crises, and the failure of materials. The stock market crash of 1929, a major trauma that still haunts the national memory, has received surprisingly little attention from scholars in seventy years and has produced even less agreement as to its causes and consequences. However, the benefits of using an indicator like this is that you miss out on the worst of …

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Stock prices are based on the perceived value of the company or investment they represent. By 1932, the index of stock prices had fallen from a 1929 high of 210 to a low of 30. Stocks were valued at just 12 percent of what they had been worth in September 1929. Stock marketing crashes occur because of a complex network of reasons including external economic factors as well as psychological crowd behavior, either of which can trigger the other into inducing a crash.Stock Market Crash

There is no numerically specific definition of a crash but the term commonly applies to steep double-digit …

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Technical analysis of the Dow Jones Industrial Average show that a catastrophic market crash is looming. Demand for goods declined because people felt poor because of their losses in the stock market. Bear markets are a period where declining stock prices occur over a period of time, sometimes months or years. The New York Stock Exchange also make sure that this would never happen again by implementing the uptick rule. The average NYSE trading volume in period from the middle of September 2007 until now is about 7 billion shares per day. They have happened in every part of the …

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You are cordially invited to submit your research papers (English only and in PDF files) for presentation consideration at the 4th Paris Financial Management Conference (PFMC-2016) that will take place on 12-14 December 2016 at the breathtaking and enchanting Saint-Germain-des-Prés” district of Paris. Until recently, control” has been viewed as a system of ex ante financial and compliance controls that generally are operated by a central government agency, usually the Ministry of Finance. An efficient finance function helps identify and deliver specific improvements in order to unlock value and resources thus freeing up time for improved decision support activities. This …