Merger and Acquisition, the Next Day in the Hellenic Banking System, Evidence From the Greek Financial Crisis Period

The aim of this study is to examine if the merger of banks improves the profitability of banks before and after the completion of the merger,in the Hellenic Banking System.For this reason,data were collected one year before the merger took place and then for the following years.The consequences of merging banks using different financial indicators,such as the capital ratio index,the foreign-to-equity index and the loan burden numerator,were also investigated.The effectiveness of interpreting the improvement of the bank’s financial image before and after the merger,for the years 2007-2016,years,before and after the Greek Financial Crisis,in the mergers carried out in the Hellenic Banking System was examined.

Financial Analysis of MI’s Company Based on Harvard Analysis Framework

This paper takes the financial statements of MI from 2017to 2019,and uses Harvard analysis framework to analyse the financial situation of MI.The analysis content mainly includes enterprise macro environment,industry competitive analysis and financial ratio analysis.This paper tried to understand the current situation and development prospect of MI.Based on the analysis of MI’s financial situation under the framework of Harvard,we summarized the existing problems and put forward suggestions.

Comparative Analysis of Credit-Strength among Industries of Bangladesh:Altman’s Z-score Measurement

The main motive of the study is to explore the financial position of prominent industries in Bangladesh to give direction to investors for sound investment decisions.The Altman Z-score model has been used to assess the financial soundness of the 23 companies of five prominent industries in Bangladesh.Secondary data have been collected from the annual reports of the selected companies.This study found that 20%and 40%of the selected companies of the ceramic industry and tannery industry fall on the safe form respectively that means where investors can invest without any doubt as they are financially sound.Similarly,28.57%,40%,and 25%of the selected companies of cement,ceramic,and paper and printing industries stand in the grey zone respectively which indicates the companies have a good chance of bankruptcy within two years.Again 71.43%,40%,75%,60%,and 100%of companies in the cement,ceramic,paper&printing,tannery,and jute industries’financial conditions are not satisfactory respectively as they fall in the distress zone.And only 20%of the selected industries fall in the safe zone.That means the overall financial soundness of the selected industries is not well.This study will be an important source for further study in the field of credit strength measurement.Every actor of society those are involved in the business(investors,lenders,workers,suppliers,financial institutions as well as the economy itself)can be able to make adequate decisions by the findings of the study.

Estimating the shareholder's terminal payoff based on insurer's solvency ratio in mixed fractional Brownian market

This paper studies the insurer’s solvency ratio model in a class of mixed fractional Brownian motion(MFBM) market, where the prices of assets follow a Wick-It? stochastic differential equation driven by the MFBM, by the method of the stochastic calculus of the MFBM and the pricing formula of European call option for the MFBM, the explicit formula for the expected present value of shareholders’ terminal payoff is given. The model extends the existing results.