This book is a guide to how financial steering is designed, measured and implemented with a special focus on the energy industry. The authors offer an overview of and practical insights into the links between financial steering and accounting, and the temporary cycles of investment, divestment, return and loss, market highs and lows that form the framework of the entire energy industry across all value chain stages. The faster and the larger the cash cycles of investments and their returns, the greater not only the value created, but also the potential loss if the financial steering is not properly designed and managed. Value and value generation require an understanding of how value is both defined and measured in both and how the business/project economics model of a company works – financial steering provides this. Further, the book also discusses accounting topics such as impairments, new IFRS standards and the impact of accounting on key performance indicators of financial steering, which are associated with these investment decision valuations. The combination of accounting with the cash flow perspective provides a complete understanding of selected practical topics of financial steering which are explained in detail in a large number of examples and case studies. The book is intended for a wide range of finance/controlling/treasury/accounting professionals and students. It is written in practical and simple terms to outline the financial steering concept and to bring it to life in daily work and in the decision making process for financial steering. All illustrated concepts are in the same manner relevant and applicable to all other asset-intense industry sectors and their financial steering processes.

Chinas Einsatz von Industriepolitik hat die Debatte über staatliche Intervention in der Wirtschaft neu entfacht. Nur wenige Branchen erleben die lenkende Hand des Staates wie der chinesische Elektrizitätssektor. Dieser sieht sich aber einem radikalen Umbruch ausgesetzt. Der Begriff "Smart Grid" umfasst technische und systemische Reformen, die für einen Strukturwandel erforderlich sind. Diese Studie untersucht durch die Linse der Steuerungstheorie die Auswirkungen einer Gesetzgebung auf Machtkämpfe im Elektrizitätssektor Chinas. Anhand von Dokumentenanalyse und Interviews wird der Frage nachgegangen, wie Steuerungsprozesse durchgeführt und Gegensteuerungsstrategien entwickelt werden, um Verhandlungen auf politischer Ebene zu beeinflussen.

The present report examines how governments use financial incentives to promote a better alignment between labour market needs, on the one hand, and the supply of skills, on the other.

Publisher description

Consumer financial literacy education often appears as a helpful, commonsense solution to neoliberalism and the individualization of responsibility for economic risk. However, in Financial Literacy Education: Neoliberalism, the Consumer and the Citizen this particular literacy is argued to be both ineffective and unjust. Socially created poverty, unemployment and economic insecurity require more than individual consumer solutions; they require collective responses by engaged, critical citizens. Utilizing concepts from Marx, Foucault, Bourdieu and Baudrillard this book challenges those who claim that ‘there is no alternative’ to neoliberal insecurity and reduce education to a consumerist training of entrepreneurial consumer-citizens who can continually invest in themselves and the market. Through an analysis of consumer fi nancial literacy education’s present and historical supports, as well as its likely effects, this book argues that the choice before us is not fi nancial illiteracy or fi nancial literacy. Rather, the choice is between subjugation to the requirements of perpetual competition or overcoming alienation, insecurity and exploitation, aims the critical fi nancial literacy education outlined at the end of this book supports. This book will appeal to those interested in understanding the conditions of our freedom in an increasingly fi nancialized world – critical educators, philosophers and sociologists of education and fi nancial literacy researchers.

Even the strongest of marriages may face tough challenges during the course of a lifetime. Couples who maneuver through the child-rearing years successfully may be surprised to discover that, down the road, a financial setback or a major illness can rock the foundations of their union. In Steering Your Marriage, author Dr. Suzanne Burger offers couples a toolkit to navigate life's challenges while remaining in a committed and vibrant relationship. Through anecdotes and case histories, Dr. Burger provides a guide for those seeking insight and wisdom in their journey together. She explores potential issues such as finances, the death of a child, career changes, aging parents, chronic illness that couples often encounter and uses examples and checklists to illustrate how to find new understanding in one another. Steering Your Marriage presents the latest research on what helps couples shift course as they adapt to a variety of challenges, and it offers detailed examples of couples who have successfully navigated through hardships and around unforeseen detours in their lives. This guide provides couples with the skills necessary to move through time together.

This is the most controversial Book, containing complex shocking revelations, in the series of Books by the Author, wherein most difficult topics are excellently and diligently dealt with, exposing realities in politics, and non-dispensation of justice, with judiciary acting sans jurisdiction, ultra-vires the Constitution, denying natural justice, making a mockery of the `rule of law', paying scant regard to United Nations Conventions on Human Rights. The range of cases and topics dealt with is indeed amazing making exhorbing reading. Commencing with his own exposure to politics, paying high tribute to minority Tamils in Sri Lanka, the Author brings out stunning prevalent reality. Makes startling disclosures on Sri Lanka's most controversial Presidential Election of 2010, and incarceration, as a villain, a Presidential Candidate, a trusted Army General, once hailed, as the `best Army General in Asia', having led the country's armed forces to crush one of the most feared terrorists organizations, internationally banned, Liberation Tigers of Tamil Elam. The most difficult and delicate subject of `judicial bias and disqualification' at highest levels of the judiciary is dealt with, including the controversy which reverberated on the endeavour by the Legislature to impeach a Chief Justice, whose husband, having held high profile political office, was impleaded in a dubious share scandal, involving the country's leading Savings Bank. Author incisively delves into an important case of abduction of a Tamil businessman, and the horrendous anonymous allegations of trading in human body parts, during the war against the terrorists, allegedly with Indian and Israeli connections. Author analyses real case studies, involving foreign investments, demonstrating classic instances of dubious judicial processes, including subversion of action, vis-à-vis, fabricated forged documents of public officers tendered to Court, involving questionable professional conduct, and indifference by law enforcement authorities, including Attorney General, Chief Law Officer of the State.