Purpose Scandals in the Australian financial services industry highlight conflicts of interest between those who provide advice (financial planners) and their clients. Disclosure is a potential governance tool to manage these by reducing asymmetries information. Yet, efficacy disclosure questionable as scandals persist, so this paper aims research effectiveness planning. Design/methodology/appr...

This paper uses measurement methods and selects relevant indicators from both quantitative and structural aspects, empirically analyses the relationship between financial development and economic development of 2000-2008 in more than 18 coalresourced cities in China. The results show that financial development takes a significant role in the economic development of coal-resourced cities. Howeve...

The Bank of Japan has sought to maintain financial system stability and promote economic recovery, by providing ample liquidity under the quantitative easing policy, to overcome deflation. The Bank has also supported efforts by the financial services industry, using various means, to strengthen the soundness and functioning of the financial system. Our strategy is two-pronged, aiming both to ov...

The financial services industry has used Internet technologies to create many standardised services for consumers. Recent Internet initiatives offer more customised financial products and services. Traditional market players have responded by evolving standard products to become more client specific. These forms of mass customisation of financial services are based on an increasing role and imp...

Data warehouses play important roles in the IT landscape of the financial industry. In the last years most of the leading banks implemented data warehouse solutions to fulfil regulatory or internal requirements. The institutes have to handle situations, which especially concern data warehouse projects in financial industry. On the basis of three case studies, observing DHW projects for a durati...

This paper identifies main value propositions of leveraging private cloud computing and reviews current performance of implementing cloud computing technology in financial industry. The following aspects have been reviewed by this paper, namely (1) discerning cloud computing-enabled innovations, (2) identifying three value propositions of using cloud computing, (3) reviewing current performance...

The early awareness of a potential financial distress is crucial to firm’s managers for understanding their clients, suppliers and their own firms, and crucial to fund suppliers for assessing the construction firm’s credit worthiness. The purpose of this paper is to develop a dynamic prediction model for financial distress in construction industry using Data Mining. This research expects to pro...