Financial Economics Essay Example | Topics and Well Written Essays - 3250 words

Financial Economics - Essay Example ecent finance theory are applicable across countries, much is still to be done to bring out the effect of different institutional features on capital structure choices. Our knowledge of capital structures has mostly been derived from data from developed economies that have many institutional similarities. The purpose of this paper is to analyse the capital structure choices made by companies from developing countries that have different institutional structures (Artikis, 2007). The study also is to examine the determinants that can be used in capital structure choices of firms. This is mainly for small and private firms. In the study, there was use of data obtained from World Bank to determine the differences that exist in capital structure in the countries (DeMarzo & Sannikov, 2004). In accordance with the capital structure theory, the importance of firm level elements of capital structure, tangibility in terms of assets, and profitability of firms and size of companies are brought out. Results are healthy to the different descriptions of size. Large and listed firms can have easy access to finance in developing countries, thus they have higher leverage and higher debt maturities (Bierman, 2003). For small and private firms, access to finance is depended on the conditions of economic environment. Leverage and debt maturities are sensitive to macroeconomic factors. The knowledge on the capital structure in the essay was also used to analyse the choices that are made by institutions, mainly from developing countries that have different structures in their institutions. As in Gordon and Li (2005), profitability is measured using the return on sales (ROS), return on assets (ROA) and return on equity (ROE). With respect to leverage, there are several measures in the literature. Following Gordon and Li (2005), the paper considers the following ratios: Total Debt to Total Assets ratio and total debt to equity ratio. From analysis, it was found out that financial

Coping With Nonmarital Breakups Chapter Outline Coursework

Coping With Nonmarital Breakups Chapter Outline - Coursework Example This means that studying nonmarital breakups is confirming whether there ever was a nonmarital relationship - a two sided one- in the first place! C. The value of accounts The person's oral or written narratives explaining their experiences or actions describing characters and events and inferring the meaning and motives in the course of retelling and reviewing the love stories. V. Personal-good reasons to study breakups Knowing about relationships can improve your specific experiences. For instance, breakups do have lessons and influence future expectations and plans to choose to act differently next time. VI. The breakup process This confirms the various steps and process that people undergo when relationships lead to breakups. A. Intimacy: A cost-benefit analysis Social creatures are faced with two risks, rejection and betrayal, when pursuing intimacy. Rejection can occur when the hope-for relationship never develops, cut short, or fails when the other expresses dissatisfaction. Betrayal is insidious, a threat that emerges only if intimacy succeeds-for a time. The other, having the advantage of special information, having gained our trust, turns around and turns on us, revealing our vulnerabilities, badmouthing us, teasing us. Why then do we willingly hand that very risky unknown our phone number Why do we have to take heart breaker one more time 1. The need to belong As social creature, we need each other, our presence, and the possibility of closeness. Relationships confer unique benefits on individuals. B. Phases and stages of breakup: Weiss's study of marital separation 1. Obsessive review This involves mental search for explanations, driven to some extents, "If only" and regrets. For the leaver and the leave, the end... Social creatures are faced with two risks, rejection and betrayal, when pursuing intimacy. Rejection can occur when the hope-for relationship never develops, cut short, or fails when the other expresses dissatisfaction. Betrayal is insidious, a threat that emerges only if intimacy succeeds-for a time. The other, having the advantage of special information, having gained our trust, turns around and turns on us, revealing our vulnerabilities, badmouthing us, teasing us. Why then do we willingly hand that very risky unknown our phone number Why do we have to take heart breaker one more time This involves mental search for explanations, driven to some extents, "If only" and regrets. For the leaver and the leave, the end of a relationship is traumatic and triggers a self protective review of reasons and signs which could prevent future losses. There are two types of loneliness, emotional loneliness and social loneliness. The emotional loneliness refers to the isolation, focused on missing one's intimate partner and losing the unique comforts of that relationship. Social loneliness is disorientation and excommunication one feels when one has lost one's place and marital status. Aft