Erscheinungsdatum: 07.07.2015, Medium: Taschenbuch, Einband: Kartoniert / Broschiert, Titel: Exit Decision of Multinationational Banks. The Case of HSBC Kazakhstan, Auflage: 1. Auflage von 2015 // 1. Auflage, Autor: Shildebayev, Darkhan, Verlag: GRIN Publishing, Sprache: Englisch, Rubrik: Wirtschaft // Einzelne Wirtschaftszweige, Seiten: 56, Gewicht: 95 gr, Verkäufer: averdo
Exit Decision of Multinationational Banks. The Case of HSBC Kazakhstan ab 24.99 € als Taschenbuch: 1. Auflage. Aus dem Bereich: Bücher, Wissenschaft, Wirtschaftswissenschaft,
Exit Decision of Multinationational Banks. The Case of HSBC Kazakhstan ab 15.99 € als epub eBook: 1. Auflage. Aus dem Bereich: eBooks, Wirtschaft,
Dynamic Cluster Simulation and its use by Banks ab 23.9 € als Taschenbuch: Dynamic Cluster Simulation and its use for the Identification of Key Types of Strategies among by Banks of Kazakhstan. Aus dem Bereich: Bücher, English, International, Gebundene Ausgaben,
Dynamic Cluster Simulation and its use by Banks ab 23.9 EURO Dynamic Cluster Simulation and its use for the Identification of Key Types of Strategies among by Banks of Kazakhstan
Exit Decision of Multinationational Banks. The Case of HSBC Kazakhstan ab 24.99 EURO 1. Auflage
Exit Decision of Multinationational Banks. The Case of HSBC Kazakhstan ab 15.99 EURO 1. Auflage
In the face of uncertainty and dynamic banking environment and the impact of a large number of external and internal factors on commercial banks, banks are interested in choosing the most appropriate banking strategies, which allowed achieving their goals at the least cost and potential losses. The traditionally used technique of multivariate cluster analysis enables the efficient cluster modeling only in statics but not in dynamics. Moreover, in the conditions of the unstable economy of the developing countries like Kazakhstan this technique gives incorrect results. To address these shortcomings, the authors have developed a new technique of dynamic multi-dimensional cluster analysis, which are free of these shortcomings. In the study, authors investigated the strategic behavior of banks in Kazakhstan for 2009-2015, using this technique. The study helps to shed some light on the formation of the banks development strategies in Kazakhstan. The technique of dynamic multi-dimensional cluster analysis proposed by the authors is especially useful to professionals in the field of banking strategies or other persons, who is interesting in the development prospects of banking sector.
Despite having an underdeveloped supporting infrastructure and limited resources, Kazakhstan was the first CIS country to require IFRS in 2004 for banks, and in 2005 for all public companies. What were the economic consequences of this important reform? In the 1990s, Kazakhstan’s capital market reforms mirrored those of Russia due to the two countries’ cooperating mode driven by a high level of resource interdependence and environmental uncertainty, following the collapse of the Soviet Union. Yet, by 2003, dependence on external donors (IMF, World Bank) took precedence over interdependence with Russia. As a result, Kazakhstan unilaterally proceeded with adoption of IFRS, while Russia backed up from this initiative. This study reports that Kazakhstan’s inflow of Foreign Direct Investments was the greatest among the CIS nations following the adoption of IFRS. In addition, in 2005–11, Kazakhstani public firms’ reporting quality was higher than that of the Russian public firms operating in a similar environment but exempt from the IFRS reporting requirement. Kazakhstan was the first CIS nation to repay its external debt ahead of schedule and to receive an investment grade from Moody’s rating agency. The book concludes that Western-style capital market reforms—in this emerging market with a not-so-distant communist past—had significantly positive outcomes.