Found 9 article(s) for author 'Financial Services Industry'

The Promise of Microfinance and Women’s Empowerment: What Does the Evidence Say?

The Promise of Microfinance and Women’s Empowerment: What Does the Evidence Say? Dina Pomeranz, February 2014, Paper. “The microfinance revolution has transformed access to financial services for low-income populations worldwide. As a result, it has become one of the most talked-about innovations in global development in recent decades. However, its expansion has not been without controversy. While many hailed it as a way to end world poverty and promote female empowerment, others condemned it as a disaster for the poor…” Link

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Entrepreneurial Finance Lab: Scaling an Innovative Start-up Financing Venture

Entrepreneurial Finance Lab: Scaling an Innovative Start-up Financing Venture. William R. Kerr, Joan Farre-Mensa, January 2014, Case. “EFL provides credit-scoring services in developing countries using psychometric assessment, but the potential loss of a large customer makes them reconsider their scaling narrative…” May require purchase or user account. Link Verified October 11, 2014

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Promoting Corporate Sustainability through Integrated Reporting: The Role of Investment Fiduciaries and the Responsibilities of the Corporate Board

Promoting Corporate Sustainability through Integrated Reporting: The Role of Investment Fiduciaries and the Responsibilities of the Corporate Board. Robert Eccles, George Serafeim, 2014, Book Chapter. “The Cambridge Handbook of Institutional Investment and Fiduciary Duty is a comprehensive reference work exploring recent changes and future trends in the principles that govern institutional investors and fiduciaries. A wide range of contributors offer new perspectives on dynamics that drive the current emphasis on short-term investment returns…” May require purchase or user account. Link Verified October 11, 2014

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Homestrings, Inc.: Diaspora-Based Financing and the Crowd Funding of Development

Homestrings, Inc.: Diaspora-Based Financing and the Crowd Funding of Development. William R. Kerr, September 2013, Case. “Homestrings is an online investment platform for overseas diasporas to link financially with their home countries. The founder believes crowd-funding can become a pillar for development, but U.S. regulatory hurdles and resources constraints are substantial. The company is considering targeting non-diaspora investors, introducing new products like insurance or banking, and related expansion strategies…” May require purchase or user account. Link Verified October 11, 2014

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Sustainability in Financial Services Is Not About Being Green

Sustainability in Financial Services Is Not About Being Green. George Serafeim, May 15, 2013, Opinion. “The next time we hear about a bank or insurance company’s “green program” — like using energy efficient light bulbs or operating out of a LEED Platinum building — we’ll either scream or throw up. Don’t get us wrong. We aren’t “climate change deniers” and we believe that every individual and organization should use energy and other natural resources responsibly. Our problem with banks, insurance companies, and other financial institutions that tout their commitment to sustainability by…” Link Verified October 11, 2014

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Barclays and the LIBOR Scandal

Barclays and the LIBOR Scandal. Clayton Rose, May 2013, Case. “In June of 2012, Barclays plc admitted that it had manipulated LIBOR—a benchmark interest rate that was fundamental to the operation of international financial markets and that was the basis for trillions of dollars of financial transactions. Between 2005 and 2009 Barclays, one of the world’s largest and most important banks, manipulated LIBOR to gain profits and/or limit losses from derivative trades. In addition, between 2007 and 2009 the firm had made dishonestly low LIBOR submission rates to dampen market speculation and negative media comments about the firm’s viability during the …”  May require purchase or user account. Link verified March 28, 2014

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High Wire Act: Credit Suisse and Contingent Capital

High Wire Act: Credit Suisse and Contingent Capital. Clayton Rose, May 2013, Case. “Late in 2010, Credit Suisse CEO Brady Dougan and his team considered whether or not to issue contingent capital, which Swiss regulators would require by 2019. They faced a number of substantial issues, including: Would contingent capital actually work as conceptualized and provide sufficient loss absorption when called upon? Would it be cost effective? Would there be sufficient demand for this new instrument? What were the risks to Credit Suisse’s reputation with clients and regulators if an issue did not go well? In addition, The Basel Committee, the body…” May require purchase or user account. Link verified March 28, 2014

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Entrepreneurial Finance in Finland?

Entrepreneurial Finance in Finland? William R. Kerr, March 2013, Case. “This case describes a new venture attempting to bring early-stage entrepreneurial financing to Finland and other Nordic countries. Entrepreneurship is taking off in Finland, an area that historically has had little venture capital or high-growth start-up activity, but a gap remains for seed-stage financing. The founders are evaluating the best way to structure their private equity fund to reflect their own assets and abilities and the needs and resources of the entrepreneurial scene in the Nordics…” May require purchase or user account. Link Verified October 11, 2014

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The Private Company Council

The Private Company Council. Karthik Ramanna, Luis M. Viceira, January 2013, Case. “Financial Accounting Foundation chairman Jack Brennan is under pressure from private-company interests to set up a new body—the Private Company Council—to determine separate GAAP for private companies. PCC advocates—including the US Chamber of Commerce—argue that traditional US GAAP has too many disclosure and fair-value requirements that impose very high compliance costs on private companies. But there are influential players—including the Big Four auditors—who oppose creating the PCC. They argue that the compliance costs of traditional…”  May require purchase or user account. Link verified March 28, 2014

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