Financial Management: Methods, Outcomes & Challenges (Financial Institutions and Services)

Financial knowledge is crucial to helping individuals make better financial decisions as well as the financial markets to function well. What is neglected in these popular analyses is that the observed USD metrics are also impacted by changes in exchange rates. Thus, this book examines the extent to which exchange rate changes have potentially impacted perceptions of the rate of change in the global financial influence of the United States and Europe. Event study methodology has been extensively used in the finance literature to capture how stock markets react to certain information events such as mergers and acquisitions, financial crises, terrorist activities, changes to financial and environmental regulations, natural catastrophes, and many other events. Also, exchange Traded Funds (ETFs) have become one of the most innovative and popular financial instruments, with their diversification benefits at the core of their success. Nonetheless, the inherent link between ETFs and their underlying securities has cast doubts on their usage. Most people approach their later years without financial preparation. This book will look at a study which was carried out to determine older people financial distress, financial management behavior and financial satisfaction on their satisfaction with life.