Wachowicz's Web World WEB SITES FOR DISCERNING FINANCE STUDENTS left arrow Previous Page | up arrow Back to Main Index | Next Page right arrow ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ PART VIII: SPECIAL AREAS OF FINANCIAL MANAGEMENT Link-sets * Bankruptcy * Big Mac Index & PPP * Foreign Exchange Rates * Futures and Options * Mergers and Acquisitions * Risk Management * @rating. Free company and country risk ratings courtesy of Coface, the leading French company for credit information and receivables management. Information is available in a number of languages. http://www.cofacerating.com/rating/ * adr.com. A wealth of information about American Depositary Receipts (ADRs) and international equities courtesy of JPMorgan. http://www.adr.com/ * PDF Icon All About the Foreign Exchange Market in the United States. An entire book in PDF format courtesy of the Federal Reserve bank of New York. http://www.newyorkfed.org/education/addpub/usfxm/ * AllianceStrategy.com. Brandeis professor Ben Gomes-Casseres' useful Web site on alliance strategy and management. Free content includes useful presentation slides, forums, and other materials. http://www.alliancestrategy.com/ * Asia Business Today. Information and links courtesy of the Asia Society. http://www.asiabusinesstoday.org/ * Asia Inc. Online. Business and financial news from Asia Inc. magazine. http://www.asia-inc.com * Asia-Pacific.com!. Resources, news, and data covering Asia and the Pacific Rim. http://www.asia-pacific.com/ * Asia Pacific Management Forum. Daily and monthly columns, over 1,000 entries in a searchable database of related Websites, and more. http://www.apmforum.com/ * Assess Your International Risk. Information to help small businesses deal with the risks that come with doing business overseas -- co-sponsored by the SBA, the U.S. Chamber of Commerce, and the American International Group (AIG). http://assessyourinternationalrisk.org/assessyour/ * The Association of Corporate Treasurers (ACT). A UK gateway to information on corporate treasury matters. This includes foreign exchange, as well as infrastructure issues like risk management, and derivatives. Be sure to check out their magazine, The Treasurer. Also, visit What do treasurers do?, A Career in Treasury, and take their Treasury Quiz. http://www.treasurers.org/ * The Australian Financial Review. http://www.afr.com.au/ * Bankruptcy Web Sites 1. American Bankruptcy Institute (ABI) World. Research and education resources related to insolvency. http://www.abiworld.org 2. PDF Icon Bankruptcy Basics. Booklet provides a detailed discussion of different types of bankruptcy -- courtesy of the Bankruptcy Division of the Administrative Office of the United States Courts which produced it to assist the public in understanding bankruptcy. http://www.uscourts.gov/library/bankbasic.pdf 3. BankruptcyData.com: Free Services. Extensive bankruptcy research resources at no charge (other resources are available for a fee). http://bankruptcydata.com/NGR2000FreeServices.htm 4. Bankruptcy Prediction. Overview of bankruptcy prediction models including Altman's original Z-score model. http://www.solvency.com/bankpred.htm 5. Bankruptcy Resources. Bankruptcy related news, resources, and legal topics courtesy of BankruptcyLawFirms.com. http://www.bankruptcylawfirms.com/Bankruptcy-Law-Firms-resources.cfm 6. Corporate Bankruptcy. The SEC answers FAQs about the bankruptcy process. http://www.sec.gov/investor/pubs/bankrupt.htm 7. The Insolvency Predictor Z-Score Page. Altman Z-Score calculator uses statistical techniques to predict a company's probability of failure. http://www.creditguru.com/CalcAltZ.shtml 8. InterNet Bankruptcy Library. Link and resource site. http://bankrupt.com/ 9. JaxWorks: Z-Score Analysis Calculation. Online bankruptcy predictor calculator lets you calculate Altman Z-scores for publicly-held companies. http://www.jaxworks.com/calc2a.htm 10. Special Report: Bankruptcy Reform 2005. Courtesy of CCH, Inc. http://www.cch.com/bankruptcy/ * A Basic Guide to Exporting. A publication of the U.S. Department of Commerce in Cooperation with Unz & Co., Inc. http://www.unzco.com/basicguide/index.html * The Big Mac Index and Purchasing Power Parity (PPP) Web Sites 1. Big Mac Index Big Mac Index. Big Mac Index article (May 27, 2006) from The Economist illustrates purchasing-power parity in an entertaining way. And, for more Big Mac Index information visit here. http://www.economist.com/markets/bigmac/displayStory.cfm?story_id=1730909 2. Big Mac Index (Generator). Interactive Big Mac Index generator courtesy of Dr. Sergio Da Silva. http://www.angelfire.com/id/SergioDaSilva/bigmacppp.html 3. Big Mac Index: Online Lesson. A nice online tutorial focusing on purchasing power parity. http://www.econedlink.org/lessons/index.cfm?lesson=EM156&page=teacher 4. PDF Icon Burgernomics: A Big Mac Guide to Purchasing Power Parity. Nice article on PPP courtesy of The Federal Reserve Bank of St. Louis. http://research.stlouisfed.org/publications/review/03/11/pakko.pdf 5. "Burger Survey Provides Taste of International Economics". Another article on PPP courtesy of the Federal Reserve Bank of St. Louis. http://www.stls.frb.org/publications/re/2004/a/pages/international_econ.html * biz/ed. Business and economics information gateway for students, teachers, and lecturers. http://bized.ac.uk/ * Canadian site Business Centre: canada.com network. Canadian business news and information portal. Also, visit their Finance section. http://www.canada.com/businesscentre/ * BusinessCulture.com. Reports on business customs, etiquette, cross-cultural communication, proper gifts, negotiating tactics, business culture, manners, business entertainment, and more. http://www.businessculture.com/ * Business English Online. Some great links -- whether you need some help with English or not. http://eleaston.com/biz/bizhome.html * Business News Agency PRIME-TASS. Russia's leading business news agency -- provides coverage of major economic and political news in Russia and the 14 former Soviet states. ( Russian ) http://www.prime-tass.com/ * Business Polska. Investment and business information about Poland. http://www.polska.net * Business Valuation Techniques Information at Business.com. Links to information on analytical approaches to valuing a firm, including cash flow, economic value added, ratio comparison and valuing equity as an option. http://www.business.com/directory/financial_services/ investment_banking_and_brokerage/mergers_and_acquisitions_manda/ business_valuation_techniques/ * Chazen Web Journal of International Business. Columbia Business School online journal that features research papers of faculty and students and video interviews with corporate leaders. http://www.gsb.columbia.edu/chazenjournal/ * China Securities Regulatory Commission (CSRC). Provides rules and regulations, market statistics on the China stock market as well as annual reports and information about listed companies in China. ( Chinese-language version ) http://www.csrc.gov.cn/en/homepage/index_en.jsp * CIA World Factbook. A wealth of information about every country on earth. http://www.odci.gov/cia/publications/factbook/index.html * Continuous Linked Settlement (CLS). The official site for CLS(TM) -- a private method for settling large-value foreign exchange payments. http://www.cls-group.com/ * The Derivatives 'Zine. A wealth of information and links on derivatives. http://margrabe.com/ * Doing Business -- The World bank Group. Excellent database provides objective measures of business regulations and their enforcement that are comparable across 155 economies. They indicate the regulatory costs of business and can be used to analyze specific regulations that enhance or constrain investment, productivity and growth. http://www.doingbusiness.org/ * DuPont's Tracking Stock. This Motley Fool article helps you learn about tracking stocks. http://www.fool.com/EveningNews/foth/1999/foth990316.htm * The Economic Times. India's No.1 business newspaper. http://www.economictimes.com/ * Economist.com: Country Briefings. Useful reference collection of country profiles, which contain background information, forecasts and statistics, market updates, and links to more information. http://www.economist.com/countries/ * Economy in Latin America -- LANIC. University of Texas Latin American Network Information Center (LANIC) site covering business in Latin America -- in English, Spanish, and Portuguese. http://lanic.utexas.edu/subject/economy/ * Euro EMU and Euro Information. Some good links and FAQs on the EMU, Euro, and IT too. http://www.sysmod.com/emu.htm * Euro Euro Information Service. Multi-lingual site -- articles, newsletters, case studies, links, and background information on the Euro. http://www.euro.fee.be/ * Euro Eurodicautom. Translate words/terms into all the EU languages. Includes lots of financial terms as well as general stuff. Type in a word, click "display terms" and then "search." From the results, one can "extend." http://europa.eu.int/eurodicautom/login.jsp * Euroland.com. Reports on nine different European stock exchanges in eight different languages. http://www.euroland.com * Euronext. Europe's leading cross-border exchange. Provides services for regulated stock and derivatives markets in Belgium, France, the Netherlands and Portugal, as well as in the UK (derivatives only). http://www.euronext.com/ * European Business Forum (EBF). Online version of print publication dedicated to bringing a European focus to global management issues. http://www.ebfonline.com/ * Euro EuroPortal. Launchpad to Euro currency and EMU information and links -- provided by Crosswater Systems. http://www.crosswater-systems.com/ * EVCA: The European Private Equity and Venture Capital Association. A rich source of information relevant to private equity and venture capital. http://www.evca.com/html/home.asp * Export-Import Bank. Export-Import (EX-IM) Bank of the United States. http://www.exim.gov * Export Portal. U.S. Department of Commerce site offers resources about trade and exporting. http://www.export.gov/ * Far Eastern Economic Review -- Interactive Edition. http://www.feer.com/ * Finance & Development. A quarterly magazine published by the International Monetary Fund featuring articles in international economics and finance, with special emphasis on economic development. http://www.imf.org/fandd * FinanceAsia.com. Source of Asian finance news, commentary, analysis, interactive tools, and data for finance professionals (and students too). http://www.financeasia.com/ * Finance India: The Quarterly Journal of Finance. Web site of the official publication of the Indian Institute of Finance. http://www.financeindia.org/fi.htm * Financial Engineering News. Bi-monthly newspaper of financial engineering. http://fenews.com/ * Finfacts: Irish Finance and Business. http://www.finfacts.ie/ * FITA.org. International trade leads and world import/export portal. http://www.fita.org/index.html * Foreign Exchange: FX Fundamentals. Excellent tutorial courtesy of The Learning Curve. http://www.financial-guide.ch/ica/markets/foreign_exchange/fx_fundamentals/index.html * Foreign Exchange Rates Web Sites 1. http://fxtop.com 2. http://cnnfn.com/markets/currencies.html 3. http://www.oanda.com/converter/classic Currencies converter -- also, has multi-year historical exchange rates (a nice feature). 4. http://www.xe.net/currency 5. http://www.xe.net/currency/table.htm Generates an interactive exchange rate table. 6. Canadian site http://pacific.commerce.ubc.ca/xr/ Neat Canadian (U. of British Columbia) site allows you to change the "base currency" and plot data. 7. http://www.bloomberg.com/markets/ * Forex Street: The Foreign Exchange Market. FX quotes and charts, market research, latest news, newsletters, tools, Q&A sessions and more. http://www.fxstreet.com/ * Euro FT.com -- Special Report/Euro. News and comment on the euro. http://specials.ft.com/euro/index.html * Futures and Options Web Sites 1. Chicago Board of Trade (CBOT). Futures and futures options information. http://www.cbot.com 2. The Chicago Board Options Exchange. http://www.cboe.com/ 3. Chicago Mercantile Exchange. Futures, options, financial news, glossary of futures and options terms, and background on the "Merc." http://www.cme.com/ 4. Derivatives One: Online Financial Derivatives Calculator. Comprehensive derivatives valuation service aimed at the non-professional user, and has over 50 derivatives models and provides help on every input to each model. http://www.derivativesone.com/ 5. ERI's Black-Scholes Calculator. Visitors can use this free calculator to place a Value on Stock Options. http://www.erieri.com/scripts23/blackscholes/blackscholes.exe/main/trkid=200-222 6. Forex Street: The Futures Market. Futures quotes and charts, market research, latest news, newsletters, tools, Q&A sessions and more. http://futures.fxstreet.com/ 7. Eurex. Futures and options market for European derivative instruments. http://www.eurexchange.com/index.html 8. Futures Online. Online version of Futures magazine plus additional futures/options information and links. http://www.futuresmag.com 9. Iowa Electronic Markets (IEM). The Iowa Electronic Markets are real-money futures markets where contract payoffs depend on economic and political events such as elections. http://www.biz.uiowa.edu/iem/ 10. IVolatility.com. Stock options analysis site provides a stock's current volatility, implied volatility, historical volatility, and more. http://www.ivolatility.com/ 11. The London International Financial Futures and Options Exchange (LIFFE). http://www.liffe.com 12. Montreal Exchange: Futures Trading. Resource for investors (and students) who wants to learn all about Canadian futures quotes and futures trading at the Montreal Exchange. http://www.m-x.ca/futures-trading.php 13. NumaWeb: Derivatives Calculators. Calculators for options, multi-options, convertible bonds, and warrants. Also visit their Derivatives Links Index and Main Reference Index. http://www.numa.com/derivs/ref/calculat/calculat.htm 14. The Office for Futures and Options Research (OFOR). Futures, options, and derivatives markets information and links. http://www.ace.uiuc.edu/ofor/index.html 15. Option Club. A host of material on stock options. Beginners may want to visit their Option Club Tutorial. http://www.optionclub.com/ 16. Option Pricing & Stock Price Probability Calculators. Exchange traded options pricing calculators and stock price behaviour calculators courtesy of Peter Hoadley. http://www.hoadley.net/options/calculators.htm 17. Optionetics.com -- Education Center. Options trading educaton and options strategies. http://www.optionetics.com/education.asp 18. Options Industry Council (OIC). Devoted to educationg users about options -- has a variety of information and data. http://www.optionscentral.com 19. The Options Clearing Corporation (OCC). Equity derivative clearing organization provides a Learning Center, publications, market data, and more. http://www.theocc.com 20. Philadelphia Stock Exchange (PHLX). Home of an options exchange and exchange marketplace for trading currency options. http://www.phlx.com 21. Quantnotes.com. Publications and research-quality information for finance industry practitioners, academic institute researchers, private investors or those interested in quantitative finance. http://www.quantnotes.com/fundamentals/ 22. Robert's Online Applications. Option pricer, historical stock volatilities, and much more. http://www.intrepid.com/~robertl/option-pricer.html 23. A Short Course -- Commodity Markets and Futures Trading. TFC Commodity Charts, a Canadian company, offers this short course on U.S. commodities and futures trading for beginners. http://tfc-charts.w2d.com/tafm/ 24. The Tokyo International Financial Futures Exchange (TIFFE). http://www.tiffe.or.jp 25. Yahoo! Options Center. General information about options, a glossary, the latest options news, and a message board. http://biz.yahoo.com/opt/ * Georgia Tech: Financial Analysis Lab Reports. Unbiased stock market research courtesy of Georgia Tech business faculty. Many of the reports deal with the concept of "free cash flow." http://mgt.gatech.edu/fac_research/centers_initiatives/finlab_reports.html * The Global Connector. Published by the Global Business Information Network (GBIN) at the University of Indiana, this portal opens on to current Web sources of global business information. http://www.globalconnector.org/startpage.htm * GlobalEDGE. A web-portal maintained by Michigan State University that provides information, insights, and learning resources on global business activities. http://globaledge.msu.edu/ * Global Investor. Global financial data and analysis -- plus, a well-organized list of links to other sites dealing with global finance. http://www.global-investor.com/ * GlobeTrade.com. Has links to a lot of information useful to entrepreneurs and small businesses wanting to go global. http://www.globetrade.com/ * Hebels Financial Website. Dutch stock prices, company links, graphs, business news and more -- in English. http://www.hebels.nl/ * IASB -- International Accounting Standards Board . The IASB is an independent accounting standard setter committed to developing, in the public interest, a single set of high quality, understandable and enforceable global accounting standards. http://www.iasb.org.uk/ * INSEAD Knowledge. A portal to prominent business research; and, be sure to check out Finance & Banking. FREE registration is required. http://knowledge.insead.edu/index.cfm * International Compliance Association. The International Compliance Association supports and educates compliance professionals in the fight against terrorist financing, corruption, money laundering and financial crime. http://www.int-comp.org/ * International Corporate Governance Network. A number of resources are provided by a group interested in fostering a dialogue on the development of global corporate governance practices. http://www.icgn.org/ * The International Institute for Corporate Governance (IICG). Yale School of Management site has extensive set of corporate governance resources, links, working papers, and more. http://iicg.som.yale.edu/ * International Trade Center. A cornucopia of international trade and cultural development links courtesy of the St. Louis Center for International Relations. http://www.slcir.org/research.asp * International Trade: Crash Course. Comprehensive PowerPoint presentation courtesy of TD Commercial Banking. http://www.tdcommercialbanking.com/tradefinance/crash/crash.jsp * International Treasurer. The Journal of Global Treasury and Financial Risk Management. http://www.intltreasurer.com/ * IMF Dissemination Standards Bulletin Board. Economic and financial data provided by member countries of the International Monetary Fund (IMF). http://dsbb.imf.org/ * ISO 4217 Type Currency Symbol List. List of global currencies and the three-character currency codes that are generally used to represent them. (You may already recognize USD, but this site will also help you identify codes like YUM and MAD.) http://www.xe.com/iso4217.htm * Euro The Knowledge Center Guide to the Euro. Guide to information in Web and print sources on the Euro. Produced by the ICAEW Library and Information Service. http://www.icaew.co.uk/library/Index.cfm?AUB=TB2I%5F27495 * LatinFocus. Online information source for Latin American economies. http://www.latin-focus.com/ * LATINVESTOR. Hundreds of links to Latin American Finance Sites. http://www.latinvestor.com/ * London Forfaiting. Learn about "forfaiting" (e.g., what is it?) from a world-class "forfaiter." http://www.londonforfaiting.com * London Stock Exchange. http://www.londonstockexchange.com/ * Lowtax.net. Information about offshore jurisdictions, providing authoritative, practical information about the laws, taxes, e-commerce, and business environments of each of the top offshore jurisdictions. http://www.lowtax.net/ * Market Access and Compliance. U.S. Department of Commerce Web site provides information on accessing foreign markets. http://www.mac.doc.gov/ * Martindale's "The Reference Desk: International Business, Finance & Economics Center". http://www.martindalecenter.com/RefFinance.html * Mergers and Acquisitions Web Sites 1. Federal Trade Commission: Bureau of Competition. The FTC's antitrust arm seeks to prevent business practices that restrain competition -- including monopolistic practices, attempts to monopolize, conspiracies in restraint of trade, and anticompetitive mergers and acquisitions. http://www.ftc.gov/ftc/antitrust.htm 2. U.S. Department of Justice: Antitrust Division. Provides access to electronic documents related to the enforcement of antitrust laws, including policies, guidelines, case filings, speeches, testimony, and press releases. http://www.usdoj.gov/atr/ * McKinsey Global Institute. Think-tank founded within McKinsey & Company, offers original research, analysis, and recommendations on critical economic issues -- from outsourcing to competitiveness -- facing businesses and governments worldwide. http://www.mckinsey.com/knowledge/mgi/ * Mizuho Securities Research & Links. An English-language resource on Japanese Finance from Mizuho Securities. http://www.mizuho-sc.com/english/ebond/index.html * Nikkei Net Interactive. Japanese business news online. http://www.nni.nikkei.co.jp/ * Northcote: the Link to UK Annual Reports. http://www.northcote.co.uk/ * OFFSTATS: Official Statistics on the Web. This University of Aukland site lists Web sites offering social, economic, and general data country by country. http://www.auckland.ac.nz/lbr/stats/offstats/OFFSTATSmain.htm * Overseas Private Investors Corporation (OPIC). OPIC is an independent U.S. Government agency that assists U.S. companies in some 140 emerging economies. http://www.opic.gov/ * Pensions & Investments: The International Newspaper of Money Management. Pension fund management and institutional investing news, performance data, articles, and links. http://www.pionline.com/ * A Plain English Guide to Antitrust Laws. Full text of Promoting Competition, Protecting Consumers booklet from the U.S. Federal Trade Commission (FTC). Visit the FTC for mergers and acquisitions guidelines, business guidance, and more. http://www.ftc.gov/bc/compguide/index.htm * PricewaterhouseCoopers: Global. Global -- as well as country-specific -- business perspectives, issues, and solutions. http://www.pwcglobal.com/ * Project Finance Portal. A comprehensive reference guide for students, researchers, and practitioners seeking to obtain information about project finance. http://www.hbs.edu/projfinportal/ * Research Guide: International Business. Excellent international business research resource from the Rutgers University Libraries. http://www.libraries.rutgers.edu/rul/rr_gateway/research_guides/busi/intbus.shtml * RiceBox.com. Extensive set of information links on Asia, courtesy of Dr. Neale O'Connor, City University of Hong Kong. http://www.ricebox.com/ * Risk Management Web Sites 1. Contingency Analysis. Extensive risk management information -- including derivative instruments, credit risk, financial engineering, and "value-at-risk." http://www.contingencyanalysis.com 2. ERisk. Extensive Enterprise Risk Management (ERM) resources. http://www.erisk.com/ 3. GARP Library. The Global Association of Risk Professionals makes available financial risk management articles, papers, presentations and spreadsheet tools. http://www.garp.com/library/index.asp 4. International Treasurer. The Journal of Global Treasury and Financial Risk Management. http://www.intltreasurer.com/ 5. RiskLabŪ Switzerland. RiskLab is an inter-university research institute, concentrating on precompetitive, applied research in the general area of (integrated) risk management for finance and insurance. The research results are freely available; technical reports and papers are published on RiskLab's website. http://www.risklab.ch/ 6. Value-at-Risk Resources. Barry Schachter at Caxton Corporation provides links to resources on Value-at-Risk (VaR), a financial tool for risk management. http://www.gloriamundi.org/ * Singapore Business Times. http://business-times.asia1.com.sg/ * Site-By-Site! International investment portal and research center -- featuring daily market data · news · economics · research · analysis & commentary. http://www.site-by-site.com/ * STAT-USA/Internet. U.S. business, trade, and economic information courtesy of the U.S. Department of Commerce. http://www.stat-usa.gov/ * Transparency International. International coalition against corruption in international business transactions. Site contains news, surveys, publications, links, and more (and is available in a number of languages). http://www.transparency.org/ * UK Trade & Investment. The British Government's official web site for UK Trade & Investment in the USA, facilitating business-to-business trade and investment between the UK and the USA. http://www.uktradeinvestusa.com/ * The University of Foreign Exchange. A virtual educational community for the individual foreign currency investor. http://www.universityforex.com/ * US-ASEAN Business Council. ASEAN business information, news, market research, and updates on economic trends and doing business in the Association of Southeast Asian Nations. http://www.us-asean.org/ * ValuationResources.Com. Business valuation resources including links to valuation publications, industry resources, economic data, public company information, mergers and acquisitions data, etc. -- some of the data providers linked to require a fee, but many do not. http://valuationresources.com * Virtual International Business and Economic Sources (VIBES). Links to sources of international business information. http://libweb.uncc.edu/ref-bus/vibehome.htm * World Trade Organization (WTO). http://www.wto.org * YaleGlobal Online Magazine. A place to explore the many dimensions of globalization courtesy of the Yale Center for the Study of Globalization. http://yaleglobal.yale.edu/ ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ left arrow Previous Page | up arrow Back to Main Index | Next Page right arrow