2009
10.22

We the professionals who have built our economic development through effort and persistence, we reached a time in our lives where we want to become independent and have our own business. Sometimes this dream is not so easy to build because we know statistically about the high failure rates for new initiatives. And it is there, thinking about different possibilities, which is offering a master franchisee success on a silver platter and very structured because its model has been tested previously.

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2009
10.20

Humans are definitely amazing: any of its irrationalities are still feasible and achievable, as long as the means to finance them. Much has been written about the rationality of economic agents. At the heart of financial theory is the idea of efficient markets. Hence there arises among others, Modern Portfolio Theory TMP and then as a more complete, the Asset Pricing Model or CAPM Financial in its acronym in English. All this rests on the design, or more accurately, the paradigm that we are rational. Are rational because we put the man on the moon and also throughout the enumeration difficult technological achievement in so few pages.

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2009
10.18

The business world in the beginning of this century, is dominated by metrics relating to both operational performance in the areas of human resources, marketing, production, logistics, etc.., As in metrics based on traditional financial indicators (return on Investment and many others). This approach, although very important and necessary, ignores essential aspects of strategic type, that will definitely add value to the organization and of which we can not necessarily figure in the present, an associated cash flow benefits.

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2009
10.16

We understand those special projects that can not be adequately assessed by traditional techniques such as Net Present Value.

Let’s see what it is:

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2009
10.14

It is not feasible to draw a perfect line between Financial Administration and Corporate Finance. The Finance Manager will be forced to perform in both areas. However, we argued that the Financial Management is more focused on tasks of day to day control of company operations.

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2009
10.12

In this article we wish to comment out the different scenarios proposed in the attempted acquisition of Telecom group of companies, Compania Anonima Nacional Telefonos de Venezuela, CANTV, by its likely buyer, the Venezuelan state itself.

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2009
10.10

The “adverse selection” is a term used in financial economics to designate the process by which a trader makes a wrong decision because of information asymmetries between buyer and seller.

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2009
10.08

It has been well studied by economic theorists and well recognized by financial operators that markets are not predictable. If so, how is it possible to outline a speculative theory? What good is conceptualized that the market will do this or that, if they do not respond to any theory or oracle? Is it possible to speculate with some success in the markets? In this article, we will try to answer these questions.

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2009
10.06

Financial markets are increasing every day in an amazing degree of sophistication and operational efficiency. One of its main functions in addition to financial intermediation is the transfer of risk, a role among others, by means of derivatives. All this contributes to management and appropriate transfer of risk among economic agents. However, without adequate definition of the risk, the use of these tools may prove even more dangerous.

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2009
10.04

I’m not exaggerating when I say that one of the sexiest words the dictionary is the word “financial”. As a check on this I refer to one of the James Bond films, where the famous agent posed as a great banker. In the ever-repeated scene of the casino, a beautiful young woman aware of his profession question … and what is your specialty? Our hero looks mischievously and replied “my specialty is aggressive take-over’s” (take aggressive, referring to a mode in Mergers and Acquisitions, but with ulterior motives …).

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