Category: Finance

You will research a multinational corporation to focus on for the assignment, provide a brief overview, examine supply chains and working capital management, analyze financial management of the corporation, and make recommendations for financial decisions. Include the following components in your case study:
1. Select a multinational corporation (MNC):
2. Ensure there is sufficient data for analysis based on requirements listed below. Provide a brief overview of the MNC:
In the introduction of your case study, describe the MNC, its business, products/services, and key markets. Highlight its operations in different countries.
Discuss recent stock distributions through dividends or repurchases.
3. Analyze supply chains and working capital management (Choose 2 from below):
Describe the company’s supply chain management strategy. Analyze the financing policies used by the MNC for its current assets. Evaluate the company’s cash conversion cycle.
Discuss the company’s cash management techniques.
Analyze the goals of the company’s inventory management.
4. Examine multinational financial management (Choose 2 from below):
Enumerate reasons why the MNC decided to go global.
Illustrate any significant transactions the MNC has had between countries with different currencies. Discuss challenges the MNC faces with floating exchange rates and its management strategies. Analyze the relationships the MNC has with inflation, interest rates, and exchange rates.
5. Make recommendations:
Based on your analysis, provide two to three recommendations for the MNC’s future financial decisions in the context of global operations.
Explain how the MNC can use planning techniques to forecast operations.
Examine internal controls the MNC can use to ensure its operations run smoothly and ethically in the global marketplace.
6. Provide a conclusion:
Briefly summarize the key findings of your analysis.
Compile your analysis and recommendations into a comprehensive report, ensuring it is well-structured and professionally presented. The report should range from four to five pages. You are required to use at least four sources, at least two of which must com

have a completed draft on thesis on the topic of ESG (Environmental, Social, and Governance). I need to edit methadology and anlysis part.
I need a writer 
who understands:
– finance, economic aspects
– ESG
who knows how to
– fix/re-design a research design on variable and operationalization for REGRESSION ANLYSIS
– conduct analysis using stat program
I have received feedback that my research design doesn’t seem to be compelte as this does not portraits the company’s finance aspect such as value of company. 
Also it has very limited variables and simple.
I should include and develop variables(control variable, parameter) and analysis and by  capturing from the idea of previous literature review. so I would like someone with some knowledge.
I have gather all financial report (raw data). so I need someone who can can create regrssion analysis formula and conduct analysis. 

i CHOOSE MICHAEL KORS
This project will include a 2 part submission. You must submit a word
document where you fill in your answers to the items on the attached
document AND a video analysis as described on the attached document. The
written portion is worth 75 points and the video is worth 25 points for
the total 100 point project. Make sure you submit both components by
the 
deadline.
For the project, there is a written component and a video component.
Employers consistently give us the feedback that students need as much
work on their communication skills as possible, so that is why I like to
use videos to give you an opportunity to work on oral communication in
addition to written. Both components are required for the project. If
you have any trouble finding the information I am asking for in your
company’s annual report, please feel free to reach out for help! It can
be overwhelming sometimes going through those documents and I am here to
help. If you do need help though, please include the link to your
company’s annual report in your email with your questions. That will
save me a ton of time trying to help you out.

Part 1  Week 3 Blog Posts 
1. Length: 200 words 
2.. The blog post must connect with the course content.
Part 2 Week 3 Post-Lecture Discussion Forum
1.Length: 75 words
2.Only meaningful posts and replies count, i.e., clear subject and
50-100 words of text.

1) Use the 3-month LIBOR as attached: 3month_LIBOR.xlsx ( 3month_LIBOR.xlsx ). https://1drv.ms/x/c/93eb7036ae3cd992/EYRb0xLD7NFJpS-Dt0Thd-MBF-DUqDE0FoRrdORcv_-QiQ 
2) Download daily “3-month Treasury Constant Maturity Rate” from Jan. 2, 2019, to Dec 29, 2023.
(https://fred.stlouisfed.org/series/DGS3MO)
3) Compute the daily average rate of return and standard deviation with a 3-month T-bill rate over the sample period,
4) Plot the cumulative rate of return (X-axis: Date, Y-axis: Cumulative Return) from 3). Explain the plot thoroughly. 
5) Compare the daily average return and standard deviation from Part 1 and Part 2. Explain any similarities or differences. 
6) Calculate daily TED spreads over the sample period. (TED Spread = 3-month LIBOR – 3-month Treasury Constant Maturity Rate.)
7) Plot the TED spreads (X-axis: Date, Y-axis: TED Spread) over the sample period. Explain the plot by identifying periods of stress or relaxation in the financial markets. 

Instructions
Norwegian Satellite Development Company (NSDC)
Cost Estimates for World Satellite Telephone Exchange Project
NSDC has a contract to produce eight satellites to support a worldwide telephone system (for Alaska Telecom, Inc.) that allows individuals to use a single, portable telephone in any location on earth to call in and out. NSDC will develop and produce the eight units. NSDC has estimated that the R&D costs will be NOK (Norwegian Krone) 12,000,000. Material costs are expected to be NOK 6,000,000. They have estimated that the design and production of the first satellite will require 100,000 labor hours, and an 80 percent improvement curve is expected. Skilled labor cost is NOK 300 per hour. Desired profit for all projects is 25 percent of total costs.
How many labor hours should the eighth satellite require?
How many labor hours for the whole project of eight satellites?
What price would you ask for the project? Why?
Midway through the project, your design and production people realize that a 75 percent improvement curve is more appropriate. What impact does this have on the project?
Near the end of the project, Deutsch Telefon AG requests a cost estimate for four satellites identical to those you have already produced. What price will you quote them? Justify your price.
Instructions: In 600-750 words in length (not including the title page and reference page), analyze the case above. Provide calculations in an Appendix. The analysis must correlate concepts and problem-solving. Support your responses with at least two scholarly journal references (in addition to your book). Refer to the Writing Assignment Grading Criteria below for requirements in content, organization, writing style, grammar, and APA 7.0 format. An APA template has been provided to help with organizing and presenting your assignment.

Research Focus: “The Global Impact of Corporate Tax Avoidance on Socioeconomic Outcomes”
1. Impact of Corporate Tax Avoidance on Public Finances and Social Services
Research Questions:
How does corporate tax avoidance impact government revenue in different countries?
What is the relationship between tax avoidance and the funding of public services (e.g., healthcare, education)?
Quantitative Data Collection:
Government Revenue Data:
Data Source: National statistics agencies, OECD reports.
Measurement: Changes in corporate tax revenue as a percentage of GDP.
Public Services Funding:
Data Source: Government budget reports.
Measurement: Expenditure on healthcare, education, and social services as a percentage of GDP.
Global Context Analysis:
Comparative analysis between high-tax and low-tax jurisdictions.
Examine the differential impacts in developed vs. developing countries.
2. Corporate Tax Avoidance and Economic Inequality
Research Questions:
Does corporate tax avoidance contribute to income and wealth inequality within countries?
What is the impact of tax avoidance on wage growth and employment rates?
Quantitative Data Collection:
Income and Wealth Inequality Data:
Data Source: World Bank, OECD, national statistics.
Measurement: Gini coefficients, top 1% income share.
Wage and Employment Data:
Data Source: National labor statistics, World Bank.
Measurement: Median wage growth rates, employment rates.
Global Context Analysis:
Analysis of data across multiple countries to identify patterns.
Case studies of countries with significant tax avoidance issues.
3. International Tax Avoidance Strategies and Global Trade Dynamics
Research Questions:
How do multinational corporations’ tax avoidance strategies affect global trade patterns?
What is the impact of tax havens on global supply chains and trade flows?
Quantitative Data Collection:
Trade Data:
Data Source: UN Comtrade, World Trade Organization.
Measurement: Trade volumes, import/export values.
Tax Haven Activity Data:
Data Source: Financial Secrecy Index, IMF reports.
Measurement: Corporate presence and activities in tax havens.
Global Context Analysis:
Examine the role of tax havens in facilitating global trade.
Analyze the impact on trade flows between developed and developing countries.
4. Corporate Governance and Ethical Implications of Tax Avoidance
Research Questions:
What corporate governance practices are associated with higher levels of tax avoidance?
How do stakeholder perceptions of corporate ethics influence investment decisions globally?
Quantitative Data Collection:
Corporate Governance Data:
Data Source: Corporate governance indices, company reports.
Measurement: Board composition, executive compensation, governance scores.
Stakeholder Perception Data:
Data Source: Surveys (e.g., Edelman Trust Barometer), investor reports.
Measurement: Perception scores, investment patterns.
Global Context Analysis:
Compare corporate governance practices across different regions.
Analyze the influence of ethical perceptions on global investment trends.
Example Research Design:
Title: “Global Socioeconomic Impacts of Corporate Tax Avoidance: A Comparative Study”
Objectives:
To assess the impact of corporate tax avoidance on public finances and social services globally.
To examine the relationship between tax avoidance and economic inequality.
To investigate the influence of international tax strategies on global trade dynamics.
To analyze the ethical implications and corporate governance practices related to tax avoidance.
Methodology:
Collect and analyze quantitative data from international databases and reports.
Use comparative analysis and regression models to identify patterns and correlations.
Conduct case studies of specific countries or regions to provide detailed insights.
The
structure of your Extended Research Proposal (7, 500 words)
Your proposed research project proposal
should have the following sections. Guideline word count for each section
is indicated.
Introduction
(1,000 -1,500 words)
In this section, you should
provide the underlying rationale and purpose of the study.  The discussion should set out macro, and
micro business context and any existing strategic issues/debates in the global
and/or international context, demonstrating to the reader the relevance of your
proposed study. It is important to undertake a critical approach when
discussing these contexts including global and international context. Explain
how your proposed research project will contribute and advances the existing
knowledge in the research field. In the introduction section, you are expected
to provide your proposed research project’s aims and objectives. The research
aims and objectives can be specific research questions, which may take the form
of hypotheses that will be tested within the proposed research project.
Literature Review (3,000-3,500 words)
This section provides a critical
review of the literature related to the problem area you are studying.
This means that you should demonstrate your ability to identify and to analyse
the strengths and weaknesses of the academic concepts and theories relevant to
your topic in a thematic manner. You should also discuss how your study addresses
a gap in the literature and adds to the existing body of knowledge
(literature). Your literature review should close with a conceptual
framework, that is, a comprehensive synthesis of the academic models and
concepts which you intend to adopt to address (answer) your proposed research
objectives (questions). This framework consists of patterns of concepts and
their interconnections. In other words, it explains how all the academic
concepts (theories) fit together and how they relate one to another. The
conceptual framework informs your data collection and determines what
‘measurable’ concepts (variables) you need to collect to answer your proposed
research project.
Research Design (Methodology) (1,000-1,250 words) 
This section presents your
proposed research design (plan) for the research project you intend to
undertake. In this section, you should indicate whether you propose to
undertake a primary or secondary data-based research project; a quantitative
analysis / qualitative analysis; survey / questionnaire / case study, a
positivism or interpretivism approach/ deductive or inductive approach. It
is important in your discussion; you provide the rationale of the research
methodology approach you have chosen for your proposed study by referring it to
the relevant academic article in the research field.
You should conclude this section
by indicating the data sources that will help you create the research
variables (measurable concepts) to address your proposed research objectives.
At this stage, it is essential for you to ensure you will have access to the
data sources you have identified since it is a critical aspect for you to
address your proposed research objectives. Please list the proposed measurable
variables you intend to create from the data you will collect. It is important
that you also indicate any potential weakness with your proposed research
methodology/ design and how you will address those problems.
Ethics
(500 -750 words)
In this section, you need to discuss any
ethical issues arising from your proposed research and ways you intend to
address these issues. 
In addition, you are required as part of
the assessment process to comply with the University
Academic Ethical Framework and will need to
complete an Ethics Application via Ethos
portal at: https://ethos-apply.mmu.ac.uk
Guidance on how to complete the Ethos
application form will be provided during the workshops. Additional guidance can
be found:
https://www2.mmu.ac.uk/media/mmuacuk/content/documents/research/staff/EthOS-Guide-for-UG-and-PGT-Applications.pdf
Once you complete the Ethos application
form, you need to attach a copy of it and submit with Extended Research
Proposal.
Your allocated supervisor will review
the submitted Ethos application after you submit it along with the Extended
Research Proposal. Failure to submit your Ethos Application with your
extended research proposal will lead to deduction in your grade.  Please
note, that you are not allowed as per university rules, to collect any type of
data without receiving the supervisor approval in the Ethos application.
References
(500 words: 20 -25 references)
All cited references inside the
assignment t should be listed in the reference list at the of the assignment. The list
of references at the very end of the assignment should include all cited
sources alphabetically by author’s surnames. These are the sources of
information such as academic articles and databases etc which you cited in the
main text of your assignment to support your discussion.
You need to use the Cite them
Right Harvard referencing style for both in text citations
and the reference list at the end of the text . For guidance on how to use the Cite
Them Right website for Cite Them Right Harvard style references, and for
referencing tips, please visit the Library guide which
include also a video of how to use the Cite the Right Harvard. You can find
more information about the importance of referencing in the following link: Referencing
and why it matters | Manchester Metropolitan University (mmu.ac.uk).
Wikipedia or Investopedia references are inappropriate for an
academic piece of work and should not be used under any circumstances. 
Format:
·     
The extended research proposal should be 7,500
words (+/-10%).  Marks will be deducted by 10% if the report exceeds 7,500
words count by 10% (8,250 words).
·     
Font size 11 Arial or equivalent
·     
Cite them
Right Harvard is essential.
·     
Set out in 1.5 line spacing, except for
intended quotations or footnotes which conventionally appear in single spaced
format.
·     
Use headings and subheadings to structure your
argument (you can also use a Table of contents).
Use referenced
evidence, facts and figures where necessary

There are 11 pages total and 11 sub-questions. Please see attached.
Behavioral Finance- FIN 645
Midterm Exam
Caution:
Please note this is
an individual exam only- and not a team or group effort. All relevant
UMUC policies- and especially those related to Academic Honesty- will be in
full force. So please keep that in mind at all times.
INSTRUCTIONS:
Please
answer all the following four (4) questions.
There
is a maximum of 100 points for this test. Scores for each question are
shown in the parentheses at the end of each question. For qualitative
questions, maximum allowed pages are also given at the end of each
question.
You will have until 11:59 PM EST on the due date,
to submit your answers via the
related file in your assignment folder. This gives ample time for the exam.
References
are not counted against your page numbers
I wish all of you the
very best.
Continued on next pages
QUESTION 1.
Overconfidence (that
is excessive optimism) is very commonly observed in human beings.  Overconfidence leads to which types of
irrational of behavior in financial markets? 
Please list 3 and explain in detail.
Note: Write-ups
that lack organization and order will lose points.
Maximum pages: 2
pages, double-space, size 12.
Grade: 20
QUESTION 2.
Details
(from Behavioral Corporate Finance, Seohee Park)
Between March and
July 2000, Intel’s stock price rose rapidly, to the point where in July Intel’s
market capitalization was above $500 billion, making it the largest firm in the
world. Then on Thursday, September 21, 2000, Intel issued a press release indicating
that its revenue for the third quarter would grow between 3 percent and 5
percent, not the 8 to 12 percent that analysts had been forecasting.
In response to
this news, Intel’s stock price dropped by 30 percent over the next five days.
Intel’s chairman, Craig Barrett, commented on the reaction, stating: “I don’t
know what you call it but an overreaction and the market feeding on itself.” An
academic study found that at the time, virtually none of the analysts following
Intel used discounted cash flow analysis to estimate the fundamental value of
Intel’s stock. Instead, the study points out that analysts react to bad news in
the same way that a bond-rating agency reacts to bad news. Just as a
bond-rating agency would downgrade the firm’s debt, analysts downgrade their
stock recommendations. After Intel’s press release, approximately one-third of
the analysts following the firm downgraded their recommendations. Some of the
recommendation changes were extreme. Notably, the cumulative return to Intel’s
stock, relative to the S&P 500, displayed a negative trend for the period
September 2000 through September 2002.
In what some might
see as a replay of history, consider an event that took place at the online
firm eBay during January 2005. Between the end of 2002 and the end of 2004,
eBay’s shares increased by over 200 percent. During December 2004, eBay’s stock
price peaked at $118, and its forward P/E ratio was 73. At the time, the firm’s
market value was $81.7 billion. Fourth-quarter earnings for eBay grew by 44
percent to $205.4 million, or 30 cents a share.
Just as Intel had
announced that its earnings growth would be lower than forecast, eBay’s actual
earnings for the fourth quarter of 2004 fell a penny below analysts’ consensus
forecasts. Meg Whitman, eBay’s CEO, stated that future earnings would be lower
because of higher advertising costs and reinvestment.
In response,
eBay’s stock price fell from $103 to $81 per share. The firm’s market value
fell to $56 billion. Many analysts immediately downgraded eBay’s stock. Rajiv
Dutta, eBay’s CFO, issued a public statement to say that his concern was
managing eBay’s long-run prospects, not its stock price.
On January 26,
2005, James Stewart wrote about eBay in his Wall Street Journal column
“Common Sense.” Stewart indicated that he would consider purchasing eBay stock
in the wake of its decline. While acknowledging that eBay could not grow at a
stratospheric rate forever, Stewart noted that eBay is in the process of
transforming world commerce and has a natural monopoly. Were he to own just one
Internet stock, Stewart said, eBay would be that stock.
Questions
What psychological phenomena may have influenced
the analysts, both generally and in their reaction to Intel’s announcement
in September 2000?
Does James Stewart’s assessment of eBay
reflects any psychological phenomena, discuss.
Discuss in what ways the events
described at Intel and eBay are similar and in what ways are they
different?
Note: Points will
be taken off for write-ups that lack organization and order.
Maximum pages: 3
pages, double-space, size 12;
Grade: 30
QUESTION 3.
Bias Identification,
please identify the biases and/or heuristics displayed by Professor French
Professor
French tells you that South Africa’s stock market undervalued and suggests
that it is a good investment. You discover that South Africa is about to
impose a new tax on security transactions, which will results in lower
liquidity.  The next class you bring
this to Professor French’s attention. Simultaneously, another student
mentions that as commodity prices recover South Africa’s stock market will
rise sharply.  Dr. French ignores
the information you provide and congratulates the other student on excellent
research. Which type of bias is Professor French displaying? Explain
briefly.
While
reviewing the most recent four quarters of earnings estimates for MMM,
Professor French notices that earnings growth rates were 15% per
quarter.  He announces to the class
that MMM is a growth company.  Which
type of bias or heuristic is Professor French falling victim too? Explain
briefly.
Professor French’s father works for
Boeing.  Professor French holds 18%
of his portfolio in Boeing.  Which
type of bias or heuristic is Professor French displaying? Explain briefly.
Maximum pages: 2
pages, double-space, size 12.
Grade: 20
Question 4.
Explain what is meant by an anomaly in finance? 
Give 3 examples of anomalies uncovered by academic research in the
past two decades (make sure and explain these anomalies in detail
including references). 
If markets are efficient what would you expect to happen to these
anomalies after they were discovered?
If the anomalies persist what financial frictions might responsible
for the persistence (make sure and cite frictions that apply to the
anomalies in part ‘b’)?
Note: Points will
be taken off for write-ups that lack organization and order.
Maximum pages: 4
page, double-space, size 12.
Grade: 30
End!

1. Overview of Costco Company
2. Analysis of Costco’s Market Performance
3. Competitive Analysis of Costco
4.  Competitive Analysis of Costco
5. Risk Assessment
6. Case Summary and Investment Recommendations
and 10 citation need

Literature Review
The Master’s Thesis topic is the impact of Innovation and Fintech on Credit Risk levels in financials in the USA, but we struggle to find relevant data so it’s still subject to change (not just financials but all US public companies). 
I need a literature review for this topic containing at least 20 papers from academic, peer- reviewed journals and one reference book (not a textbook). The research question is not yet strictly defined (let’s say something like: How does the adoption of fintech solutions influence the credit risk levels of financial institutions in the USA?) but to give you better idea what the literature review should be about, our research methodology would be to find and use the following parameters representing innovation and fintech as X variables throughout a given decade:
R&D spending
Whether implement blockchain or not (statista)
Whether holding/investing any tokenized projects
Whether they mention tokenization in their annual shareholder reports (13-F)
We also need market return, market size, book-to-market ratio 
And then use 3 different credit risk measures and compute regression models to see what is the relationship.
You will find an Excel file with academic papers that we found relevant to the topic and potentially as reference. You can use them but you are absolutely free to use other papers if you think they are more valuable, I even encourage you to do so. 
The Master Thesis should be formatted in Times New Roman 12 (or equivalent) with 1.5 line spacing and 2.5cm margins. Text should be justified. In text-references and the bibliography should use an internationally recognized system of referencing.
References rules: 
The References section should typically contain only the works consulted and found relevant and thus cited by the author in the report. The inclusion of an irrelevant item is as much a defect as the exclusion of a relevant one. Each item should be a full reference. All references should be listed in alphabetical order (and numerical order for several references of the same author).
When referring in the text of the research project to items in the bibliography the author’s name and the date of publication should be cited: e.g. “Surveys conducted by Smith (1988) showed ….”
or “A recent study (Smith, 1988, p. 17), has shown …”
For publications by two authors, both are given: e.g .”A recent study (Smith & Jones, 1988) showed …” For publications by three and more authors, the first author is given, followed by et al. A recent study (Smith et al., 1988) showed …”