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Papers On Money & Banking / Corporate Finance
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The Value of Net Present Value
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A 5 page paper discussing whether net present value (NPV) is as reliable a measure as it has been believed to be in the past. NPV is not a dead measure yet, but it must be used with caution and with awareness of just what is being measured. Unlike the indication of the opening statement, the use of NPV does not require the blind acceptance of all of financial management theory, even though it requires a working knowledge of it. It has fallen from the level of gospel to that of a uniform comparative measure. Bibliography lists 5 sources.
Filename: KSvaluation.wps

The Value of the NKT Accounts to Help with Decision Making
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This 12 page paper looks at the value of the published annual accounts of the Dutch firm NKT for those making decision about the company. The writer looks at the content of the document and the way it may be interpreted in the context of the firm and the general accounting and investment environment. The bibliography cites 8 sources.
Filename: TENTKdec.rtf

The Way Banking Strategies Have Changed in Response to Legislation in the UK
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This 9 page paper examines the way in which UK banks have changed and adapted their strategies to meet the challenges presented by different legislation and regulations. The paper looks at the developments starting from the 1970's and uses examples to illustrate points raised. The bibliography cites 7 sources.
Filename: TEbankleg.rtf

The Way Banking Strategies Have Changed in Response to Legislation in the UK
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This 15 page paper looks at how banking, both at central bank level and on the high street, has changed as a result of legislation. The paper starts by considering the Bank of England from its' formation and how legislation has changed the role it plays and then looks at high street banks and the central bank and how they have had to respond to changes and increased competition. The bibliography cites 14 sources.
Filename: TEbankleg1.rtf

The Weight Watchers IPO
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This 3 page paper examines the initial public offering of Weight Watchers International. The paper looks at the number of shares offered, the share price, the use of funds raised, the reaction of the market and the impact on control of the company. The bibliography cites 5 sources.
Filename: TEweightIPO.rtf

The Wells-Fargo-Norwest Merger
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A 9 page paper discussing both pre and post merger health of these two banks that have combined to become the 7th largest in the country. Discussed in the paper are such items as capital adequacy, asset quality, liquidity and CAMELS, an internal-operation performed by bank examiners. Both were very well managed before their merger that became effective November 2, 1998, and the combined strength of the two holds promise for the resulting Wells-Fargo business entitiy. Bibliography lists 12+ sources.
Filename: WellsNor.doc

The World Capital Market Is Not Integrated & Reward-to-Risk Ratios Do Not Coincide
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10 pages in length. A series of essays discussing the fact that the 'globalized' world capital market is not truly integrated and, thus, reward-to-risk ratios do not coincide across security markets. Bibliography lists 10 sources.
Filename: Four.doc

The World of International Corporate Finance
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A 30 page paper discussing numerous aspects of the world of corporate finance and corporate organizational/operational systems from a primarily financial perspective. Bibliography lists 18 sources.
Filename: Changes.doc

The WorldCom Debacle
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This 10 page report discusses telecom giant WorldCom’s revelation that it had “overstated” its earnings by more than $3.8 billion. As more and more facts come to light regarding the various corporate accounting disasters that have cost thousands of Americans their jobs, retirement funds, and even their faith in American business, WorldCom has proven itself to be as particularly fascinating -- especially when one considers that the end result is the largest bankruptcy in the history of American corporations. This report looks at WorldCom’s problems specifically and other examples of corporate malfeasance in the U.S. Bibliography lists 7 sources.
Filename: BWworcom.rtf

The Zinc Industry in New Brunswick, Canada
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This is an 8 page paper discussing the zinc industry in New Brunswick, Canada. Tutorial language is inserted throughout in square brackets to aid in writing process for customer. The zinc industry in New Brunswick, Canada is the largest in the world by volume and is part of the larger mining and mineral production industry which contributes over $790 million annually to the province. The Brunswick mine, near Bathurst, is owned and operated by Noranda and is the largest producer of zinc and lead concentrate. Despite the fact that a mine’s average life span is approximately 10 years, Noranda and the province have dedicated funding for additional exploration in addition to Noranda constantly improving their production processes to increase their zinc yield (currently at 32% of the total Canadian reserves). This investment and dedication of the province as well as the private corporation of Noranda should continue to keep New Brunswick as a major producer in the zinc industry with an initial estimation of an increase in revenue expected at 6% for the year 2003 alone.
Filename: TJzincC1.rtf

Theories Explaining Exchange Rates
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This 7 page paper considers different models that are used to explain exchange rate movements, including purchasing parity theory, the International Fisher Effect and the monetarist approach. The bibliography cites 6 sources.
Filename: TEtheexc.rtf


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