Author: chris

1. What are the relevant targets for monetary policy? Consider inflation targeting, price level targeting, monetary targeting and nominal GDP targeting.

2. How does monetary policy feed through into the real economy? What role does the banking sector have in this process?

3. Should central banks consider asset prices (e.g. house prices, equity prices) when setting policy rates? Do central banks do this in practice?

4. Should monetary policy be used to stabilise share prices / house prices? Do central banks attempt to do this in practice?

Financial management;

you are required to provide a review of the literature of how to conduct long-run event studies (examining performance more than 12 months following an event). A few articles will be provided on blackboard to start you off with the review but you must search for relevant articles yourself as well.

Choose an artwork/design, which has influenced you with your Final Major project

Write an in-depth analysis of the work considering the following list to help you structure your research.

Financial ratios are a much used tool in assessing corporate performance, but the use of such ratios is often criticized.

Research a UK Plc listed on the London Stock Exchange, which operates in more than one country. Research the financial performance of the company over the last 5 years, complete a report covering the following areas:

* Discuss the use of financial analysis in modern finance, evaluate the strengths and weakness of this form of analysis.

* Analyse the financial performance and current position of your selected company using appropriate ratio anaysis.

* Assess the potential impact of current developments in international financial reporting on future financial reporting for your chosen company.

You are required to look at lecture notes and other sources (such as textbooks and journal articles) to describe how Pars’ marketing strategy may effect its long term objectives as stated in the case study. You are advised to discuss both positive and negative impacts and in particular identify the impact on Pars’ financial objectives.

Task 2 (Max 1000 words):

Describe how leadership, employee behaviour and motivation may impact on the performance of Pars Food Ltd.

You are required to look at lecture notes and other sources (such as textbooks and journal articles) to describe how leadership style, employee behaviour and motivation may effect Pars’ performance. You are advised to specifically address how these human resource issues may impact on the operational, marketing and finance functions within Pars.

Critically evaluate the widely held view that ‘globalisation’ is leading to the disappearance of cross-national differences in management practice. Discuss using comparative institutionalist studies and/or institutionalist research on MNCs

Discuss 3 main ideas about violence in the media produces violence in real world.

Address the following question making reference to both theory and examples.

‘Critically discuss if the level of executive pay reflects rent seeking by managers’

Within your discussion please make reference to reading indicated in the lecture slides, contained in the additional reading folder on the Blackboard website and from your own research.

The information for this assessment can come from a range of sources including appropriately referenced academic papers, regulatory sources and the wider media.
The format of your answer must include an introduction, a conclusion and references. The report will be judged on the following criteria: a) Argument, understanding and analysis (e.g. addressing the task with relevant knowledge, understanding and insight; coherent, cogent and structured progression of argument); b) Sources and evidence (e.g. breadth and depth of reading; proper citation; use of primary and secondary data; appropriate use of qualitative/quantitative methods); and c) Written communication (e.g. layout, headings; spelling, grammar; paragraphing (overlong/too short); repetition; references).

Topic I: Literature Review
Answer EITHER (A) OR (B):
(A)
Critically analyse the evidence from the research literature (academic journal articles) on the financial market impact of credit ratings actions.

Your answer must focus on at least two of the following: (i) equity markets; (ii) bond markets; (iii) credit derivatives; (iv) the foreign exchange market; (v) cross-country
spillovers.

(B)
Answer BOTH parts (i) and (ii).
(i) Critically analyse the evidence from the research literature on split credit ratings.
Your answer should include a focus on how financial markets deal with split ratings.
(50% weighting).

(ii) Critically analyse the evidence from the research literature on the relative timing of rating agencies’ actions i.e. the ratings lead-lag literature.
(50% weighting).