Search the World's Largest Database of Information Science & Technology Terms & Definitions
InfInfoScipedia LogoScipedia
A Free Service of IGI Global Publishing House
Below please find a list of definitions for the term that
you selected from multiple scholarly research resources.

What is Financial Crisis

Chapter 14
Economics, Business, and Islamic Finance in ASEAN Economics Community
is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value.
Published in Chapter:
Post-Crisis Interdependence Between Islamic Unit Trust Funds and Islamic Stock Market in Malaysia
Muhamad Abduh (School of Business and Economics, Universiti Brunei Darussalam, Brunei) and Ruzanna Ramli (City University Malaysia, Malaysia)
Copyright: © 2020 |Pages: 14
DOI: 10.4018/978-1-7998-2257-8.ch014
Abstract
This chapter evaluates short- and long-term relationships between 34 Islamic unit trusts and the Islamic stock market after the global financial crisis. The study collects data from Bloomberg's database from 2009 until 2012 and employs J-J cointegration to identify the long-term relationship while Granger causality test is used to investigate how the changes in Islamic stock market can influence the changes in Islamic unit trusts in the short term. The finding indicates that 61.76 percent out of the 34 Islamic unit trusts tested do not have long-term equilibrium with the Islamic stock market. Furthermore, only a few Islamic trusts responded to the changes in the Islamic stock market. This study is important for at least two reasons: its role in filling the gap in the literature of unit trust—stock markets nexus in Islamic finance; and its findings provide relevant information that can benefit investors and fund managers.
Full Text Chapter Download: US $37.50 Add to Cart
More Results
Chapter 19
Global Financial Crisis and Bank Productivity in Mexico
It is a variety of situations in which some financial assets suddenly lose a large part of their nominal value.
Published in Chapter: Global Financial Crisis and Bank Productivity in Mexico; From: Handbook of Research on Strategic Performance Management and Measurement Using Data Envelopment Analysis
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 2
Early Warning System for Financial Crises
A financial crisis is a disturbance to financial markets. associated typically with falling asset prices and insolvency among debtors and intermediaries, which spreads through the financial system, disrupting the markets capacity to allocate capital.
Published in Chapter: Early Warning System for Financial Crises; From: Handbook of Research on Financial and Banking Crisis Prediction through Early Warning Systems
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 16
Investigating the Economic Vulnerability Factors of Emerging Markets After the Global Financial Crisis of 2008 With a Hybrid Multi-Criteria Decision-Making Approach
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 1
Early Warning System for Banking Crisis: Causes and Impacts
Financial crisis refers to particular extreme shock in the financial system which leads to disruption of the financial system's function. Financial crises are such as banking crisis, currency crisis, debt crisis, stock market crash, and speculative bubble and burst.
Published in Chapter: Early Warning System for Banking Crisis: Causes and Impacts; From: Handbook of Research on Financial and Banking Crisis Prediction through Early Warning Systems
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 8
Advancing SME Sustainability: Rising Above the Atrocities of Crisis
Often associated with sudden or unexpected impact on significant financial assets such as substantial changes in stocks, real estate or oil, resulting in substantial losses of the asset values.
Published in Chapter: Advancing SME Sustainability: Rising Above the Atrocities of Crisis; From: Cases on Small Business Economics and Development During Economic Crises
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 7
Loss Aversion in Companies Whose Location Is Affected by Fire
A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value.
Published in Chapter: Loss Aversion in Companies Whose Location Is Affected by Fire; From: Handbook of Research on New Challenges and Global Outlooks in Financial Risk Management
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 1
Critical Analysis of the World Economy and Deglobalization Processes in Times of Pandemic
It is that economic disturbance that is originated by problems associated with the financial or monetary system of a country. The financial crisis, therefore, is not due to problems in the real economy of a country.
Published in Chapter: Critical Analysis of the World Economy and Deglobalization Processes in Times of Pandemic; From: Impact of Global Issues on International Trade
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 1
Critical Analysis of the Evolving Process of Neoliberal Global Capitalism
It is a sudden disturbance that produces a considerable loss of value in institutions or assets
Published in Chapter: Critical Analysis of the Evolving Process of Neoliberal Global Capitalism; From: Handbook of Research on Emerging Business Models and the New World Economic Order
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 17
Visualizing Indicators of Debt Crises in a Lower Dimension: A Self-Organizing Maps Approach
A financial crisis is defined as a collapse of the financial system. A financial system refers to all financial institutions that perform intermediation of resources between lenders and borrowers, stock exchange institutions and central banks acting as lender of last resorts. A financial crisis often implies a sudden fall in the value of assets and/or financial institutions. The decrease in these values may cause significant threats to the general economic stability.
Published in Chapter: Visualizing Indicators of Debt Crises in a Lower Dimension: A Self-Organizing Maps Approach; From: Handbook of Research on Computational Science and Engineering: Theory and Practice
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 5
Early Warning Tools for Financial System Distress: Current Drawbacks and Future Challenges
A severe disruption on financial markets, which may take the form of banking crises, currency crises or debt crises.
Published in Chapter: Early Warning Tools for Financial System Distress: Current Drawbacks and Future Challenges; From: Handbook of Research on Financial and Banking Crisis Prediction through Early Warning Systems
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 4
Does Contagion Effect of Bubbles and Causality Exist Among Bitcoin, Gold, and Oil Markets?
It is a situation when financial instruments and assets decrease suddenly and significantly in value. The 2007-2008 global financial crisis –originated in the US and spread out to other economies in a short time– is known as the worst economic disaster since the stock market crash of 1929
Published in Chapter: Does Contagion Effect of Bubbles and Causality Exist Among Bitcoin, Gold, and Oil Markets?; From: Global Risk and Contingency Management Research in Times of Crisis
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 20
Assessing the Financial Vulnerability of Emerging Markets
The situation in which come financial assets lose a considerable amount of their value.
Published in Chapter: Assessing the Financial Vulnerability of Emerging Markets; From: Handbook of Research on Financial and Banking Crisis Prediction through Early Warning Systems
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 3
Predicting Global Financial Meltdown and Systemic Banking Failure: An Assessment of Early Warning Systems (EWSs) and Their Current Relevance
Or Financial Outage or Financial Meltdown , may be defined broadly as a nonlinear disruption to financial markets wherein problems of asymmetries of information, namely adverse selection, moral hazard, and contagion, become increasingly accentuated; such that particular financial markets are unable to efficiently channel funds to those that have the most productive investment opportunities.
Published in Chapter: Predicting Global Financial Meltdown and Systemic Banking Failure: An Assessment of Early Warning Systems (EWSs) and Their Current Relevance; From: Handbook of Research on Financial and Banking Crisis Prediction through Early Warning Systems
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 12
Southeast Asia and Financial Crisis: Causes, Experiences and Challenges
A situation in which the value of financial institutions or assets drops rapidly. A financial crisis is often associated with a panic or a run on the banks.
Published in Chapter: Southeast Asia and Financial Crisis: Causes, Experiences and Challenges; From: Handbook of Research on Impacts of International Business and Political Affairs on the Global Economy
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 7
Earnings Management and Audit in Private Firms: The Effect of Financial Recuperation
The financial crisis of 2007–2008, also known as the global financial crisis and the 2008 financial crisis, is considered by many economists to have been the worst financial crisis since the Great Depression of the 1930s. It began in 2007 with a crisis in the subprime mortgage market in the United States, and developed into a full-blown international banking crisis with the collapse of the investment bank Lehman Brothers on September 15, 2008. In 2010, the Dodd–Frank Wall Street Reform and Consumer Protection Act was enacted in the US following the crisis to promote the financial stability of the United States. The Basel III capital and liquidity standards were adopted by countries around the world. The European sovereign debt crisis started in 2008 with the collapse of Iceland's banking system and spread primarily to Portugal, Italy, Ireland, Greece and Spain in 2009. The debt crisis has led to a loss of confidence in European businesses and economies.
Published in Chapter: Earnings Management and Audit in Private Firms: The Effect of Financial Recuperation; From: International Financial Reporting Standards and New Directions in Earnings Management
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 1
Some Important Regulatory and Institutional Reforms in Turkey after 2001 Financial Crisis
It is a type of economic crisis, which occurs as a result of severe price fluctuations in financial markets, for instance foreign exchange or equity markets, or as a result of problems or blockage in the banking system, and creates serious problems in economies. Types of financial crises are: currency crisis, banking crisis, and debt crisis.
Published in Chapter: Some Important Regulatory and Institutional Reforms in Turkey after 2001 Financial Crisis; From: Handbook of Research on Strategic Developments and Regulatory Practice in Global Finance
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 6
Investigation of Robin Hood Tax in Financial Crisis Periods and Analysis of Social State Policy in Taxation
The financial crisis shows a deterioration in financial markets where the adverse selection and moral hazard problems worsen, and financial markets do not allow the transition of funds to the most productive investment areas.
Published in Chapter: Investigation of Robin Hood Tax in Financial Crisis Periods and Analysis of Social State Policy in Taxation; From: Global Challenges in Public Finance and International Relations
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 12
Critical Analysis of the World Economy and Deglobalization Processes in Times of Pandemic
It is that economic disturbance that is originated by problems associated with the financial or monetary system of a country. The financial crisis, therefore, is not due to problems in the real economy of a country.
Published in Chapter: Critical Analysis of the World Economy and Deglobalization Processes in Times of Pandemic; From: Handbook of Research on Reinventing Economies and Organizations Following a Global Health Crisis
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 11
KLR Approach as an Early Warning Indicator of Turkish Currency and Banking Crisis in 2000 and 2001
The term financial crisis is applied broadly to a variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics AU79: Anchored Object 1 and manyrecessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults. Financial crises directly result in a loss of paper wealth but do not necessarily result in changes in the real economy. Many economists have offered theories about how financial crises develop and how they could be prevented. There is no consensus, however, and financial crises continue to occur from time to time.
Published in Chapter: KLR Approach as an Early Warning Indicator of Turkish Currency and Banking Crisis in 2000 and 2001; From: Handbook of Research on Financial and Banking Crisis Prediction through Early Warning Systems
Full Text Chapter Download: US $37.50 Add to Cart
eContent Pro Discount Banner
InfoSci OnDemandECP Editorial ServicesAGOSR