A note on the temporal variability of Canadian financial services stock returns

Article Abstract:

The Financial Services common stock rates of return in Canada are examined to assess the temporal stability of their systematic risk. A study examines the covariance stationarity of the stock returns in relation to any benchmark variable. Results reveal that the rates of return are not covariance stationary and that they vary negatively with interest rate levels. Findings also show that the systematic risk of Canadian banks rose between 1977 to 1986.

Canada, Financial services industry, Prices and rates, Stocks, Securities, Stock prices, Return on investment, Rate of return

---

The role of personal wealth in small business finance

Article Abstract:

Personal commitment is found to have a significant effect on small business credit availability as it is more important for certain types of firms seeking certain types of loans. Findings suggest that personal collateral is less prevalent than personal guarantees, that firm corporations more likely associated with guarantees than unincorporated companies and that personal substitutes are substitutes for business collateral.

Finance, Small business, Commercial loans, Commercial credit

---

Capital markets, financial intermediaries, and liquidity supply

Article Abstract:

Intermediaries are shown to implement socially optimum with full insurance if they offer liability with age dependent restriction in an economy with increasing production returns and uncertain uninsurable demand of people. Results also show that intermediaries offer only second-best consumption allocations with partial insurance if they offer unrestricted, fully anonymous deposit contracts in the same economy.

Economics, Research and Development in the Social Sciences and Humanities, Liquidity (Finance), Demand functions (Economics), Demand functions

Similar abstracts:

• Abstracts: Firm-specific influences on the internalization of after-sales service activities in foreign markets. The service quality dimensions and patient satisfaction relationships in South Korea: comparisons across gender, age and types of service
• Abstracts: Mr Financial Adviser D.I.M. Financial services set the pace. Share swaps hit by price rises: price wars in financial services are not stopping investment managers from upping charges. Share exchange deals, a little-known wheeze which alows individuals to sell investments cheaply, are the latest victim
• Abstracts: Don't get hurt by high-income bonds. On the trail of traditional options
• Abstracts: Single competitive markets in retail financial services. Relationship marketing in consumer markets. Relationship marketing in organizational markets: when is it appropriate?
• Abstracts: Steady as she goes. The year ahead for savers and investors

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.