Understanding Corporate Finance: Key Concepts & Strategies
Forward Market vs. Futures Market
The forward market is the over-the-counter (OTC) financial market for contracts of future delivery, known as forward contracts. Forward contracts are personalized agreements between parties, meaning the delivery time and amount are determined between the seller and the buyer. The term “forward market” describes the informal setting where these contracts are made. Standardized forward contracts are called futures contracts and are traded on a futures exchange.
A futures
US Financial Crisis & EU Trade Agreements Impact
US Crisis: Origins and Impact
The global financial crisis began with the burst of the American housing bubble. Similar to Spain, the US experienced readily available credit fueled by large inflows of foreign funds and low interest rates, initially intended to support the American economy after the 9/11 attacks and the dot-com bubble burst. This credit availability led to increased lending for housing, even with relaxed loan standards. Rising housing prices further fueled the perception of a secure
Read MoreEvolution of Work Regimes and Modern Business
Work Regimes
The source of work, in family or domestic industry, was developed in early cities. There, people produced according to the amount of their needs. For example, in Rome, slaves worked for feudal lords.
The number of workers was divided, and they became artisans, street vendors, etc. Then, all workers and traveling craftsmen became businesses.
With industrialization, the preindustrial working conditions and rates changed.
Taylorism and Fordism
During the Second Industrial Revolution, the U.
Read MoreSecurities Market and Financial Operations in Spain
Securities Market Law (LMV) in Spain
The Securities Market Law (LMV) regulates both the primary and secondary securities markets in Spain. Key concepts and entities include:
Underwriting Methods
- Placement Firm: The broker acquires all the securities and subsequently attempts to sell them on the market.
- Selling Syndicate: The investment services firm seeks individuals or entities interested in acquiring the securities, returning any unsold securities to the issuer.
- Firm Commitment Underwriting: The investment
Real Socialism, Economic Shifts, and Decolonization
Real Socialism and Marxist Ideologies
Marxist ideologies created two kinds of movements: social democracy (believing Marx was right and a more egalitarian society could be implemented under a liberal democracy). In February 1917, a revolution occurred against the Tsar. In October 1917, the Bolshevik party took control of the revolution, changing the political and economic system. The goal was for one country to survive and become a new industrial power.
Stalin’s Five-Year Plan
How did it grow? Stalin’
Read MoreLeadership Theories: Evolution and Key Concepts
Key Leadership Theories Through Time
Throughout history, various theories have attempted to explain what makes an effective leader. These theories have evolved, each building upon previous concepts.
Great Man Theory
This early approach was based on the belief that leaders are exceptional people, born with innate qualities destined to lead. Researchers focused on prominent figures in world history, suggesting that emulating their personalities and behaviors could lead to effective leadership.
Trait Theory
This
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