In the years following the outbreak of the economic crisis, grand corruption practices in the health sector in Greece were subject to judicial and parliamentary investigation (see in detail Hellenic Parliament 2018), and these investigations focused mainly on: a) the operation of a Greek Hospital n...
Intermediaries often offer a range of specialized services to clients. This enables them to enhance their products to cater to the requirements of different types of clients. For example, when commercial banks are lending out money, they can customize the loan packages to suit small and large bor...
You have been hired to oversee the accounting department of a new company. What type of financiaI reports would you expect to see? How will you use the financial reports to make business decisions? What is a significant benefit of management accounting? a...
Contoso has decided that a three-tier PKI topology is most suitable for their organization. If an organization wants to benefit from a two-tier PKI topology, the implementation guidelines that are outlined in this documentation can also be applied. ...
Publicity: Within a DAO, votes are cast via blockchain and made publicly viewable. This requires users to act in ways they feel are best, as their votes and decisions will be publicly viewable. This incentivizes actions that will benefit voters' reputations and discourages acts against the com...
The mission of a nonprofit is to contribute a benefit to society rather than to make a profit. Nonprofits may receive donations from individuals, corporations, and government entities. To qualify as a tax-exempt nonprofit, the entity must serve the public good, meet filing requirements, be estab...
The article reports on the voluntary act of Mike Zafirovski, CEO of Nortel Networks Corp., to cut his lifetime annual pension benefit by 29%. The announcement has been made after the company disclosed plans to decrease its pension and retiree health benefits and eliminate 1,100 jobs. Dennis...
In both cases, the intent is to reduce the risk arising from a mismatch of assets and liabilities by aligning the interest rate sensitivity of cash flows on both sides of the balance sheet. Increasingly, defined-benefit pension plans have adopted LDI strategies that reduce their equity assets ...
Securitization, according to those involved, is a win-win. It lets the original lender rid itself of liabilities and make more loans in the class of MBSs while enabling investors to play the role of lender and profit from these activities.1Regulators and the public don't always see it that...
For example, consider anindustrywith a limited number of players. It may benefit one company to have someone learn from a competitor. Given that the relationships are all disclosed, it may be in everyone's best interest to allow for these relationships to form as every company may benefit. ...