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Investigating the Financial Crisis in 2008 from the Perspective of Banking Systems
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作者 tonglei zhang 《Journal of Finance Research》 2021年第2期67-71,共5页
The financial crisis of 2008 precipitated by credit issues in the US housing market is probably one of the most profound financial events in recorded history.Its shockwaves have significantly affected almost every mar... The financial crisis of 2008 precipitated by credit issues in the US housing market is probably one of the most profound financial events in recorded history.Its shockwaves have significantly affected almost every market centre as well as country in the world.The aim of this report is accordingly to investigate major reasons behind the crisis from a special angle of banking systems.In particular,problems hidden in regulations,mechanisms and systems in the wake of the financial crisis are focused specifically in this report. 展开更多
关键词 REGULATION Mechanism Shadow bank Financial crisis Banking system
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The Role of Management Accounting in Adding Value to Organisations
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作者 tonglei zhang 《Journal of Finance Research》 2022年第1期1-4,共4页
The rapid development of digital world has provided modern organisations with challenges and opportunities at the same time.Especially,the use of advanced technology such as internet well improves transparency of many... The rapid development of digital world has provided modern organisations with challenges and opportunities at the same time.Especially,the use of advanced technology such as internet well improves transparency of many organisations.However,this also brings volatility and uncertainty to an organisation’s business environment,thereby leading to a more complex and time-consuming decision-making process.To solve this problem,two management accounting techniques,ABC System and BSC,have accordingly been adopted by many managers.In this article,the purpose is to briefly discuss some of the challenges faced by organisations;and then,the two initiative management methods are well explained individually with reference to appropriate examples. 展开更多
关键词 Activity based cost system Balanced scorecard Management accounting
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