The need to finance startups generates the effect of equity dilution. By dilution we mean the decrease in founders’ ownership of the startup due to the company issuing new equity. An important issue with early equity ...

This project analyse the main three approaches of valuation, Discounted Cash Flow (DCF) valuation, Relative valuation and the Contingent Claim valuation. It has been discussed in practical part the Merton Model, Structural ...

Are the costs of time arid effort spent on analyzing decisions outweighed by benefits? This issue was examined in the context of a competitive business game where human teams were pitted against two kinds of simple-minded ...

When I compare the field of forecasting with other social science disciplines I see a major advantage. We have the ability to empirically test the validity of our theories and find out the methods/ models that provide ...

The Value-at-Risk (VaR) criterion as a measure of portfolio's risk on long run horizons is considered. The method which makes possible to generate VaR estimates on longer horizons is suggested. The VaR estimation is based ...

We propose filtering historical simulation by GARCH processes to model the future distribution of assets and swap values. Options’ price changes are computed by full reevaluation on the changing prices of underlying assets. ...

German: Das Arbeitspapier beschäftigt sich auf Grundlage des entsprechenden Gutachtens mit dem Thema der zivilrechtlichen Abteilung der 69. Deutsche Juristentag (DJT) „Brauchen Konsumenten und Unternehmer eine neue Architektur ...

This paper aims to explore the vertical gardens designed by Roberto Burle Marx as an artistic expression of a common design feature, prevalent in landscape architectural discourse and practice since the 1930s. The contribution ...

In this paper, a novel method to generate video summaries is proposed, which is allocated mainly for being applied to on-line videos. The novelty of this approach lies in the fact that the video summarization problem is ...

La Communauté économique européenne pousse les Etats membres à un rapprochement à long terme, ou même à moyen terme, de leurs systèmes d'administration publique. A court terme, H est indispensable de promouvoir entre ces ...

This article systematically examines the historical demography of Greek refugees from Asia Minor, Pontus and Eastern Thrace from the beginning of the 1910s until the aftermath of the signing of the Convention of Lausanne ...

The study examines the influence of virtual leadership practices on the dimensions of entrepreneurial orientation of a perceived virtual oriented organisation operating in Dubai. The study also distinguishes the impact ...

Several decades of research and development placed new tools in the hands of engineers, builders, supervisors, surveyors, contractors and all people associated with the construction industry. In this paper, we are referring ...

Autonomous micro helicopters are about to play a major role in tasks like search and rescue, environment monitoring, security surveillance, inspection, etc. If they are further realized in small scale, they can also be ...

This paper investigates the volatility spillovers of four major equity markets using a new approach namely, the Filtered Historical Simulation approach (FHS). The FHS captures very effectively the changes ...

This paper combines the notions of consuming behaviour and ideological clarity in relation to the political Marketing and more specifically the production and consumption of political campaigns and examines the empirical ...

This paper combines the notions of consuming behaviour and ideolog-ical clarity in relation to the political Marketing and more specifically the pro-duction and consumption of political campaigns and examines the empirical ...

In this paper we address the problem of deciding whether a water source should be used by a water utility such that the production cost as well as the penalty cost due to water shortages is minimized while certain ...